[ IMAGES: Images ON turn off | ACCOUNT: User Status is LOCKED why? ]

Does anyone know; if Mobley retires for medical reasons, do the knicks get any kind of exemption?
Author Thread
colorfl1
Posts: 20781
Alba Posts: 0
Joined: 8/6/2004
Member: #731
Canada
11/30/2008  1:20 PM
Knick insiders believe Mobley's condition could possibly be career threatening...
If he abruptly retires, do the Knicks get any kind of exemption that they can later use as a trade asset?
AUTOADVERT
Knicksfan
Posts: 33593
Alba Posts: 27
Joined: 7/5/2004
Member: #691
USA
11/30/2008  1:33 PM
I wonder if he would, since he has had the condition for a while and has signed papers on other teams to play through it. But this wait does make you think about it.
Knicks_Fan
NYKBocker
Posts: 38516
Alba Posts: 474
Joined: 1/14/2003
Member: #377
USA
11/30/2008  1:42 PM
I would not sign a waiver if I was Mobley. That is a lot of money to leave in the table if something is wrong with his heart. He is not getting any younger.
colorfl1
Posts: 20781
Alba Posts: 0
Joined: 8/6/2004
Member: #731
Canada
11/30/2008  1:51 PM
The way the Knicks are acting, it appears that they have detected that the condition has recently deteriorated and has become more dangerous... they do not want to be legally resoponsable for negligence if some tragedy were to happen.

If they considered offering "Star-Cancer" the starting SG position then it really becomes evident that they do not expect Mobley to play again this season...

If he retires will the league give the Knicks any kind of exemption???

After all, you don't trade a young 20-10 player for Tim Thomas... regardless of cap considerations, there would always have been numerous better trade opportunities once Randoph showed he could play consistent Team basketball.

colorfl1
Posts: 20781
Alba Posts: 0
Joined: 8/6/2004
Member: #731
Canada
11/30/2008  1:52 PM
Posted by NYKBocker:

I would not sign a waiver if I was Mobley. That is a lot of money to leave in the table if something is wrong with his heart. He is not getting any younger.

I believe he will receive the lion's share of the salary through "insurance" should a life threatening issue derail his career.

[Edited by - colorfl1 on 11-30-2008 2:57 PM]
franco12
Posts: 34069
Alba Posts: 4
Joined: 2/19/2004
Member: #599
USA
11/30/2008  4:07 PM
pretty sure he gets paid if he retires for medical. Knicks save tax money in year 2 after he is retired a year I think. I don't believe there is any trade exemption or anything.

Question is when a roster spot would open up.

TMS
Posts: 60684
Alba Posts: 617
Joined: 5/11/2004
Member: #674
USA
11/30/2008  4:24 PM
the Heat qualified for a medical exception when Mourning was out all year with his kidney disorder & had the option to trade it, but they had a deadline to use it or else they would lose it... would be awesome to gain a $9 mil exception for Cuttino Mobley... we could really work some deals w/something like that.
After 7 years & 40K+ posts, banned by martin for calling Nalod a 'moron'. Awesome.
colorfl1
Posts: 20781
Alba Posts: 0
Joined: 8/6/2004
Member: #731
Canada
11/30/2008  4:54 PM
Just thinking here... it would be nice to see Donnie have an opportunity to trade 2 second round picks and a trade exemption for a 2010 first round pick.
nyk4ever
Posts: 41010
Alba Posts: 12
Joined: 1/12/2005
Member: #848
USA
11/30/2008  4:57 PM
Mobley isn't retiring..
"OMG - did we just go on a two-trade-wining-streak?" -SupremeCommander
TMS
Posts: 60684
Alba Posts: 617
Joined: 5/11/2004
Member: #674
USA
11/30/2008  5:19 PM
Posted by nyk4ever:

Mobley isn't retiring..

Zo didn't retire either but they still got a medical exception, didn't they? if Mobley's condition causes him to miss the rest of the season wouldn't that justify a medical exception under the current CBA rules?

a retirement exception is different from a disabled player exception.

http://members.cox.net/lmcoon/salarycap.htm
How do retired players count against the cap?

Any money paid to a player is included in team salary, even if the player has retired. For example, James Worthy retired in 1994, two years before his contract ended. He continued to receive his salary for the 1994-95 and 1995-96 seasons, so his salary was included in the Lakers' team salary in those seasons. It is at the team's discretion (or as the result of an agreement between the team and player) whether to continue to pay the player after he has retired.

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.

Teams are not allowed to trade for disabled players and then apply for this salary cap relief. Only the team for which the player was playing when he was disabled may request this relief.

If a player retires, even for medical reasons, his team does not receive a salary cap exception to acquire a replacement player.

DISABLED PLAYER EXCEPTION -- This exception allows a team which is over the cap to acquire a replacement for a disabled player who will be out for the remainder of that season (if the player is disabled between July 1 and November 30) or the following season (if the player is disabled after November 30). This exception can also be granted in the event of a player's death. This exception can only be used to acquire one player. The maximum salary for the replacement player is 50% of the injured player's salary, or the average salary, whichever is less (see question number 24 for the definition of "average salary"). Approval from the league (based on a determination by an NBA-designated physician) is required for this exception to be used. This exception can be used to sign a free agent, or to create room to accept a salary in trade. When used for trade, the team may acquire a player whose salary (including any trade bonus) is up to 100% of this exception plus $100,000 (not 125%). Also see question number 20 for more information on the availability and use of this exception.

If a player is disabled between July 1 and November 30, the team must acquire the replacement player within 45 days. If the player is disabled between December 1 and June 30, then the team has until October 1 to sign a replacement. If the disabled player comes back sooner than expected, then he may be activated immediately, and the replacement player is not affected. However, if the disabled player comes back before the exception is used, then the exception is lost.

Teams sometimes have had difficulty getting the NBA to approve an injury exception. For example, Danny Manning tore an ACL toward the end of the 1997-98 season, yet the NBA did not approve the Suns for this exception. More recently, the Magic did not receive this exception in 2003 for Grant Hill. However, this exception was granted in the 1999 offseason to San Antonio, so they could replace Sean Elliott, who was disabled due to kidney problems. This exception was also granted to Charlotte soon after Bobby Phills was killed.

Don't confuse this exception with the salary cap relief teams can apply for a year after losing a player to a career-ending injury or death (see question number 53). This exception allows a team to acquire a replacement player. The salary cap relief removes a contract from the books.

so my understanding is that we could possibly qualify for an exception equal to half of Mobley's salary for this season so we can add another player if we want, or use that exception in a trade to acquire another player in a trade... that means we'd have an extra $4.5 mil to use to either sign or trade for a player that can help us the rest of this season if we need to.
After 7 years & 40K+ posts, banned by martin for calling Nalod a 'moron'. Awesome.
Does anyone know; if Mobley retires for medical reasons, do the knicks get any kind of exemption?

©2001-2025 ultimateknicks.comm All rights reserved. About Us.
This site is not affiliated with the NY Knicks or the National Basketball Association in any way.
You may visit the official NY Knicks web site by clicking here.

All times (GMT-05:00) Eastern Time.

Terms of Use and Privacy Policy