martin wrote:from another thread:

martin wrote:just so that everyone knows about amnestied picks-ups: if player has 3 years left on contract after getting the amnesty designation and a team bids on player, say $2M, you HAVE to keep that guy on your books for 3 years, it's not just a 1 year deal.

So, a guy like RJ is absolutely out of the question for the Knicks.

we don't have cap room. only teams with cap room can bid on the amnestied players.

if the player clears the "claim/waiver" period and no one puts in a bid - only then will the player become a free agent. and then any team can sign that player to any amount and they will still get their original amnestied contract (minus the amount they get from their new team).

so, i think the chances are very slim that any amnestied player (who is still useful and just has a bad contract) makes it all the way thru to free agency.

that said, i would do backflips if we got biedrins. really like that guy and think he'd be a perfect fit for d'antoni and next to stat.

martin wrote:

crzymdups wrote:

martin wrote:from another thread:

martin wrote:just so that everyone knows about amnestied picks-ups: if player has 3 years left on contract after getting the amnesty designation and a team bids on player, say $2M, you HAVE to keep that guy on your books for 3 years, it's not just a 1 year deal.

So, a guy like RJ is absolutely out of the question for the Knicks.

we don't have cap room. only teams with cap room can bid on the amnestied players.

if the player clears the "claim/waiver" period and no one puts in a bid - only then will the player become a free agent. and then any team can sign that player to any amount and they will still get their original amnestied contract (minus the amount they get from their new team).

so, i think the chances are very slim that any amnestied player (who is still useful and just has a bad contract) makes it all the way thru to free agency.

that said, i would do backflips if we got biedrins. really like that guy and think he'd be a perfect fit for d'antoni and next to stat.

when i read info on the amnesty rules I didn't come away with the above understanding. Doesn't mean the above is incorrect, but I didn't see it that way.

I thought that teams over the cap COULD bid on players, but that teams under cap had first dibs. That's the way i read it.

either way, only way Knicks would go after an anmestied played would be if they were on 1-year deal.

for what it's worth, larry coon explained it to me on twitter and what i said is what he told me.

martin wrote:

crzymdups wrote:for what it's worth, larry coon explained it to me on twitter and what i said is what he told me.

fair enough... perhaps there is a Coon article out there that fleshes it out.

Nobody really knows how it'll work because the final details haven't been worked out yet; but the basic gist is that once a player is waived there will be a bidding process for teams under the cap, and whoever bids the most gets the rights to that player. If no team bids on a player they become a free agent and can sign with anyone.