Salary Sports
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Salary Sports
BoS Detroit Knights '22 Champions
VSF  Green Bay Hackers 2021-2022 and 2022-2023 VSF Bowl Champion
FCC WV Wild Things 2021-22 FCC Champions!
SalaryHoops: Akron Pansies 21-22 Champions
TRADE TEMPLATE
NEW TEAM:
PLAYER > CONTRACT/REWORKED > RFA/UFA STATUS

IF Prior Team paying part of player Contract post as follows

PRIOR TEAM

PLAYER > CONTRACT PAYMENT

Headline News
Powered by RSS Feed Informer

Glen Rice Jr IW (contract void)

3 posters

Salary Sports  :: Salary Hoops :: Salary Hoops Archives :: Waived (Not Released)

Go down

Glen Rice Jr IW (contract void) Empty Glen Rice Jr IW (contract void)

Post by dboy77_2000 Wed Jan 07, 2015 12:02 pm

Rice was waived by the Wizards today, so I am voiding his contract.  1.5M owed.

dboy77_2000
Super Poster
Super Poster


Back to top Go down

Glen Rice Jr IW (contract void) Empty Re: Glen Rice Jr IW (contract void)

Post by DmanofGod1 Fri Jan 16, 2015 1:26 pm

hate to tell you this but you don't get to void his contract because he was cut.  Voiding is for guys that like unexpectedly murder someone, get thrown in jail for fighting dogs or something of the sort lol... but not basketball related.

For right now, I'll leave him on your books but he's on the hook for 3/3/3/*4.

_________________
Glen Rice Jr IW (contract void) Bos_sm11Glen Rice Jr IW (contract void) Hoops_12Glen Rice Jr IW (contract void) Vsf_sm11
DmanofGod1
DmanofGod1
Premium Member
Premium Member


Back to top Go down

Glen Rice Jr IW (contract void) Empty Re: Glen Rice Jr IW (contract void)

Post by dboy77_2000 Fri Jan 16, 2015 1:55 pm

Rules state " If a player retires or his contract is voided by his "real" team for any reason, an owner has the option to void the player’s contract within 14 days of the official retirement/void announcement."

dboy77_2000
Super Poster
Super Poster


Back to top Go down

Glen Rice Jr IW (contract void) Empty Re: Glen Rice Jr IW (contract void)

Post by dboy77_2000 Fri Jan 16, 2015 2:01 pm

I get it though - voiding an NBA contract is different than waiving a player.  The rule book is not too clear.  So I now have a player on my team who is not actually in the NBA.

dboy77_2000
Super Poster
Super Poster


Back to top Go down

Glen Rice Jr IW (contract void) Empty Re: Glen Rice Jr IW (contract void)

Post by dboy77_2000 Fri Jan 16, 2015 2:04 pm

Btw, the Wizards keep things pretty close, and they never disclosed why he was cut (they didn't have to, since he was on an unguaranteed deal).  He is a good bball player, so for all we know he may have punched someone in practice.

dboy77_2000
Super Poster
Super Poster


Back to top Go down

Glen Rice Jr IW (contract void) Empty Re: Glen Rice Jr IW (contract void)

Post by MistaDuMa Fri Jan 16, 2015 4:10 pm

Yeah, I think we mainly out this in there for situations like Gilbert Arenas as opposed to players being waived or cut.
MistaDuMa
MistaDuMa
Dedicated Member
Dedicated Member


Back to top Go down

Glen Rice Jr IW (contract void) Empty Re: Glen Rice Jr IW (contract void)

Post by DmanofGod1 Fri Jan 16, 2015 5:39 pm

Yea it's a bummer but his contact wasn't voided.  He was waived.  The wizards still owe him whatever guaranteed money that was in his contract.  

He just wasn't signed to a 3 mil a year situation like this one.

_________________
Glen Rice Jr IW (contract void) Bos_sm11Glen Rice Jr IW (contract void) Hoops_12Glen Rice Jr IW (contract void) Vsf_sm11
DmanofGod1
DmanofGod1
Premium Member
Premium Member


Back to top Go down

Glen Rice Jr IW (contract void) Empty Re: Glen Rice Jr IW (contract void)

Post by dboy77_2000 Sat Jan 17, 2015 8:03 am

All good.  Will hold on to him in the hopes he gets signed by Philly...

dboy77_2000
Super Poster
Super Poster


Back to top Go down

Glen Rice Jr IW (contract void) Empty Re: Glen Rice Jr IW (contract void)

Post by Sponsored content


Sponsored content


Back to top Go down

Back to top

- Similar topics

Salary Sports  :: Salary Hoops :: Salary Hoops Archives :: Waived (Not Released)

 
Permissions in this forum:
You cannot reply to topics in this forum