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I mentioned this in another thread, but why did the NBA allow Denver to lower cap space by trading for a player they immediately waived? A player that is now back with the team that originally traded him (Detriot), and with the ability to sign for more money with more cap space next season?
http://blogs.rockymountainnews.com/nuggets/archives/2008/11/mcdyess_gives_u.html
http://blogs.rockymountainnews.com/nuggets/archives/2008/11/mcdyess_gives_u.html
McDyess gives up big bucks in buyout
By Chris Tomasson
Rocky Mountain News
Score it a victory for the Nuggets.
Yes, they did beat Dallas 108-105 at the Pepsi Center. But also Friday, they got as good of a deal as one could expect in reaching an agreement on a buyout of Antonio McDyess' contract.
A source said McDyess, who was due nearly $15 million, will be bought out for about $6 million. McDyess was acquired last Monday from Detroit (along with Chauncey Billups and Cheikh Samb for Allen Iverson), but didn't want to play for the Nuggets.
A source said McDyess, 34, had little leverage. If he didn't want to play for Denver and was unwilling to take a generous buyout, his only other option would have been retirement, and then he would have gotten nothing.
McDyess' agent, Andy Miller, who wouldn't discuss financial arrangements, said the paperwork likely will be finalized Monday. McDyess would then clear waivers Wednesday, and be a free agent able to immediately sign with any team except Detroit. If it's true McDyess wants to return to the Pistons, NBA rules don't allow him to re-sign with them until 30 days after being waived.
The move will get the Nuggets to around $1 million over the luxury-tax threshold of $71.15 million. Prior to the McDyess negotiations, the Nuggets had a payroll of $75.9 million.


