Roy can't medically retire right?

[magnifier661]

According to a report a while back. This was said:

A league executive told me on Wednesday that Roy has minimal trade value right now because the league-mandated insurance policy that covers Roy's $80 million contract has an exclusion for his knees because it was a pre-existing knee condition.

http://www.iamagm.com/news/2010/12/09/brandon.roys.trade.value.low.due.lack.contract.insurance

If this is true, then the Blazers cannot use the "Medical Retirement Insurance" that would pay off the salary, and the contract comes off the books. I may be wrong, but this is what I'm interpreting, since the mandated insurance on players has the exclusion of Roy's knees because it's a pre-condition before signing his contract.

 

[RR7]

Just means insurance wouldn't pay it, Paul would. He could still, I suppose, if he wanted to for some reason and the league found a doctor who said he couldn't play.

 

[magnifier661]

Just means insurance wouldn't pay it, Paul would. He could still, I suppose, if he wanted to for some reason and the league found a doctor who said he couldn't play.

But from what I remember, and I can be wrong. The only way that you get an amnesty on the contract, is if the NBA's insurance pays the salary off. If that's the case, then he may still not be able to play, but the Blazers are still on the hook for the contract on books.

 

[3RA1N1AC]

i believe retired players dont count against the cap, but you still have to pay them if it is medical

 

[magnifier661]

i believe retired players dont count against the cap, but you still have to pay them if it is medical

If a player retires, they give up the rest of their contract. So yes, it comes off the books. But let's be realistic here. Would you give up millions of dollars?

 

[Tince]

If a player retires, they give up the rest of their contract. So yes, it comes off the books. But let's be realistic here. Would you give up millions of dollars?

I thought the team still had a cap hit for 1/4 of his salary.

 

[Draco]

But from what I remember, and I can be wrong. The only way that you get an amnesty on the contract, is if the NBA's insurance pays the salary off. If that's the case, then he may still not be able to play, but the Blazers are still on the hook for the contract on books.

No you are wrong, whether insurance pays for the contract is a completely seperate issue from the amount it counts against salary cap, luxury tax or amnesty.

 

[3RA1N1AC]

all questions of this nature can generally be found here at larry coon's nba salary cap faq

There is one exception whereby a player can continue to receive his salary, but the salary is not included in the team's team salary. This is when a player is forced to retire for medical reasons and a league-appointed physician confirms that he is medically unfit to continue playing. There is a waiting period of one year following the injury or illness before a team can apply for this salary cap relief. If the waiting period expires mid-season (on any date prior to the last day of the regular season), then the player's entire salary for that season is removed from the team's team salary. For example, in March 2003 the Knicks were allowed to remove Luc Longley's entire 2002-03 salary from their books (and since the luxury tax is based on the team salary as of the last day of the regular season, the Knicks avoided paying any tax on Longley's salary). This provision can also be used when a player dies while under contract.

If the player "proves the doctors wrong" and resumes his career, then his salary is returned to his team's team salary when he plays in his 10th game in any one season (including pre-season, regular season and playoff games). This allows a player to attempt to resume his career without affecting his team unless his comeback is ultimately successful. A team loses this salary cap relief even if the player later signs and plays 10 games with a different team.

 

[PapaG]

If a player retires, they give up the rest of their contract. So yes, it comes off the books. But let's be realistic here. Would you give up millions of dollars?

Hell no, and especially not when I outperformed the guy starting in front of me in the playoffs.

 

[Draco]

If a player retires, they give up the rest of their contract. So yes, it comes off the books. But let's be realistic here. Would you give up millions of dollars?

If a player medically retires they still get paid in full.

 

[3RA1N1AC]

so in short, yes, yes he can

 

[magnifier661]

If a player medically retires they still get paid in full.

Yes, but this is what my thread is about. That will not be an option.

 

[magnifier661]

I would like to ask Storyteller, if the NBA doesn't insure the contract, then will it still qualify? I remembered reading that the medical retirement must be attached to the NBA mandated insurance.

 

[3RA1N1AC]

they still qualify to be medically retired, i believe insurance has nothing to do with it.

 

[Nikolokolus]

Just because Roy is on the insurer's exemption list is completely unrelated to whether or not he can be medically retired. In the normal case of a medical retirement the insurer would cover 80% of the value of his contract, in Roy's case the Blazers must pick up the entire tab.

 

[magnifier661]

Just because Roy is on the insurer's exemption list is completely unrelated to whether or not he can be medically retired. In the normal case of a medical retirement the insurer would cover 80% of the value of his contract, in Roy's case the Blazers must pick up the entire tab.

Oh okay, then I stand corrected. I thought I read the provision is only qualified when the league insures the player.

 

[RR7]

Hell no, and especially not when I outperformed the guy starting in front of me in the playoffs.

shit, he's stuck on repeat again.

 

[PapaG]

I would like to ask Storyteller, if the NBA doesn't insure the contract, then will it still qualify? I remembered reading that the medical retirement must be attached to the NBA mandated insurance.

I don't think that's correct. I think it means that insurance won't be able to cover the contract if the player has to medically retire. The issue with Darius Miles wasn't whether or not insurance would pay for the contract; it was whether or not Memphis would play him 10 games, or 5 games, or whatever it was after the NBA counted Miles' preseason games with the Celtics. That's why Portland lost cap space, and two years later, it's obvious that Darius Miles was used by Memphis to hinder the Blazers in terms of cap space, and to screw Paul Allen out of $18 million, or whatever he had to pay once Miles crossed the threshold.

Miles can't even make an NBA roster as a 15th man at this point. Fuck, I hate Chris Wallace and Memphis.

 

[PapaG]

shit, he's stuck on repeat again.

Are you going to blow a gasket again?

 

[3RA1N1AC]

Miles can't even make an NBA roster as a 15th man at this point. Fuck, I hate Chris Wallace and Memphis.

and fuck miles for getting played like that, what an all around joke that was

 

[magnifier661]

Okay I stand correct. Forget I even brought it up. DOH!

 

[3RA1N1AC]

its all good mags, check that link i put up, has most of these type of answers

 

[PapaG]

and fuck miles for getting played like that, what an all around joke that was

If Miles ever needs a knee replacement, he should sue the shit out of Memphis for allowing their doctors to clear him to play after two other doctors had diagnosed his degenerative condition.