You would have to trade Tyson for a pick and cheaper vet though. That would make room to get Melo and Lebron at 17M and possibly sneak in Lowry.

NardDogNation wrote:If we did, we'd have a cap hold of $23 million, not including Melo's contract, which would in effect leave us with $33 million in cap space. Can you say, "HELLOOOOOO LeBron!!!!!!"?

You can only use the stretch provision on one player who is on the active roster, I believe. I think once that player's contract comes off the books or is traded or what have you, a team can then stretch another player.

EDIT: Actually its more complicated than even that:

Individually negotiated revisions to the payment schedule are not allowed for contracts signed or extended under the current CBA2. For these contracts or extensions the remaining guaranteed salary for a waived player is "stretched" and paid in equal amounts over a greater time span, as follows:

If the player is waived from July 1 to August 31, then his remaining salary is paid over twice the number of years remaining on his contract, plus one. For example, if the player is waived on August 1 with two seasons remaining on his contract at $10.2 million and $10.3 million, respectively, then his remaining salary is paid over five years (two seasons times two, plus one), in even amounts of $4.1 million per year.
If the player is waived from September 1 to June 30, then the current season is paid per the normal payment schedule, and any remaining years are stretched over twice the number of years remaining plus one as described above. For example, if the player is waived on December 1 with two seasons remaining on his contract at $10.2 million and $10.5 million, respectively, then the current season (at $10.2 million) is paid normally, and the final season (at $10.5 million) is stretched over three years (one season times two, plus one) and paid in even amounts of $3.5 million per year.

Source is here: http://www.cbafaq.com/salarycap.htm#Q64

H1AND1 wrote:

NardDogNation wrote:If we did, we'd have a cap hold of $23 million, not including Melo's contract, which would in effect leave us with $33 million in cap space. Can you say, "HELLOOOOOO LeBron!!!!!!"?

You can only use the stretch provision on one player who is on the active roster, I believe. I think once that player's contract comes off the books or is traded or what have you, a team can then stretch another player.

EDIT: Actually its more complicated than even that:

Individually negotiated revisions to the payment schedule are not allowed for contracts signed or extended under the current CBA2. For these contracts or extensions the remaining guaranteed salary for a waived player is "stretched" and paid in equal amounts over a greater time span, as follows:

If the player is waived from July 1 to August 31, then his remaining salary is paid over twice the number of years remaining on his contract, plus one. For example, if the player is waived on August 1 with two seasons remaining on his contract at $10.2 million and $10.3 million, respectively, then his remaining salary is paid over five years (two seasons times two, plus one), in even amounts of $4.1 million per year.
If the player is waived from September 1 to June 30, then the current season is paid per the normal payment schedule, and any remaining years are stretched over twice the number of years remaining plus one as described above. For example, if the player is waived on December 1 with two seasons remaining on his contract at $10.2 million and $10.5 million, respectively, then the current season (at $10.2 million) is paid normally, and the final season (at $10.5 million) is stretched over three years (one season times two, plus one) and paid in even amounts of $3.5 million per year.

Source is here: http://www.cbafaq.com/salarycap.htm#Q64

But it didn't say anything about it having a limit as far as the number of players you could use it on. Did you read that somewhere else?

H1AND1 wrote:

NardDogNation wrote:

H1AND1 wrote:

NardDogNation wrote:If we did, we'd have a cap hold of $23 million, not including Melo's contract, which would in effect leave us with $33 million in cap space. Can you say, "HELLOOOOOO LeBron!!!!!!"?

You can only use the stretch provision on one player who is on the active roster, I believe. I think once that player's contract comes off the books or is traded or what have you, a team can then stretch another player.

EDIT: Actually its more complicated than even that:

Individually negotiated revisions to the payment schedule are not allowed for contracts signed or extended under the current CBA2. For these contracts or extensions the remaining guaranteed salary for a waived player is "stretched" and paid in equal amounts over a greater time span, as follows:

If the player is waived from July 1 to August 31, then his remaining salary is paid over twice the number of years remaining on his contract, plus one. For example, if the player is waived on August 1 with two seasons remaining on his contract at $10.2 million and $10.3 million, respectively, then his remaining salary is paid over five years (two seasons times two, plus one), in even amounts of $4.1 million per year.
If the player is waived from September 1 to June 30, then the current season is paid per the normal payment schedule, and any remaining years are stretched over twice the number of years remaining plus one as described above. For example, if the player is waived on December 1 with two seasons remaining on his contract at $10.2 million and $10.5 million, respectively, then the current season (at $10.2 million) is paid normally, and the final season (at $10.5 million) is stretched over three years (one season times two, plus one) and paid in even amounts of $3.5 million per year.

Source is here: http://www.cbafaq.com/salarycap.htm#Q64

But it didn't say anything about it having a limit as far as the number of players you could use it on. Did you read that somewhere else?

I thought I had, I'm looking for the link now. I could he wrong too or am misremembering. Let me try to find it.

EDIT: OK, I think i was getting amnesty rules and stretch provision rules jumbled in my head. To use the stretch provision it looks like a team can only use it on players they waive or cut. Not players who remain on the team. Again, this contract language/legalese is far from my expertise in intreping so if someone here can come In and clear it up id love to hear how it all works in laymans terms.

Apologies for the confusion....

Dude, no apologies. You clearly know more about this stuff than I do, so it's appreciated. Deep down, I know there has to be some hitch that would prevent us from waiving our entire roster. It just sounds too absurd to be possible.....but if it is possible, HOLY SHIT! We could turn this offseason on its head. I've already started thinking of several trades we could do to lower our payroll, which would, in turn, lower our cap holds from the players we'd use the stretch provision on. If they work, we could free up $45 million in cap space (not including Melo).