Quick question

[Mike-Dub]

If we used Sheeds contract in a trade, would he be able to come back to us if he had a change of heart sometime around February? 

Or would he be only restricted to the team that we traded his contract to?

[SamuelAdams]

The gist of the rule is that a player can't "retire" mid season and the come back on another team.  Think of DWaade retiring from Miami in April and then joining Detroit.

[Chris]

If he retires by choice (not by injury), then he cannot return for 1 year, unless granted permission by the board of governers.  They denied this same request to Jason Williams a couple of years ago, and made him sit out the entire year. 

But it's moot anyways.  If Wallace officially retires, I don't think he is going to be able to fit through the locker room door in April, let alone suit up.

[Mr October]

I'm pretty sure both sides can agree to a complete termination. They can site that retirement was caused by injury.

Each retirement can have different rules. But ultimately I think a buyout will be struck (even in a wink wink trade deal) and Wallace will be completely free. We'll just have to wait and see. This retirement can go a number of ways.

Here's related blurb:

http://celticshub.com/2010/06/24/aldridge-sheed-to-retire/

[Chris]

I'm pretty sure both sides can agree to a complete termination. They can site that retirement was caused by injury.

Each retirement can have different rules. But ultimately I think a buyout will be struck (even in a wink wink trade deal) and Wallace will be completely free. We'll just have to wait and see. This retirement can go a number of ways.

Here's related blurb:

http://celticshub.com/2010/06/24/aldridge-sheed-to-retire/

Here is the problem.  If Sheed retires by choice (not a career ending injury), then the money comes off the books, but he cannot return for a year, as I said above.

If he retires because of a "career ending injury", which has to be labeled that way by a Doctor, he can't just say "my back hurts too much to play", then his money would come off the books, however, if he returns, then the money goes right back on the books (this is what happened with Darius Miles).

[Mr October]

I'm pretty sure both sides can agree to a complete termination. They can site that retirement was caused by injury.

Each retirement can have different rules. But ultimately I think a buyout will be struck (even in a wink wink trade deal) and Wallace will be completely free. We'll just have to wait and see. This retirement can go a number of ways.

Here's related blurb:

http://celticshub.com/2010/06/24/aldridge-sheed-to-retire/

Here is the problem.  If Sheed retires by choice (not a career ending injury), then the money comes off the books, but he cannot return for a year, as I said above.

If he retires because of a "career ending injury", which has to be labeled that way by a Doctor, he can't just say "my back hurts too much to play", then his money would come off the books, however, if he returns, then the money goes right back on the books (this is what happened with Darius Miles).

How about the most likely scenario: They just negotiate a buyout?

[JSD]

I'm pretty sure both sides can agree to a complete termination. They can site that retirement was caused by injury.

Each retirement can have different rules. But ultimately I think a buyout will be struck (even in a wink wink trade deal) and Wallace will be completely free. We'll just have to wait and see. This retirement can go a number of ways.

Here's related blurb:

http://celticshub.com/2010/06/24/aldridge-sheed-to-retire/

Here is the problem.  If Sheed retires by choice (not a career ending injury), then the money comes off the books, but he cannot return for a year, as I said above.

If he retires because of a "career ending injury", which has to be labeled that way by a Doctor, he can't just say "my back hurts too much to play", then his money would come off the books, however, if he returns, then the money goes right back on the books (this is what happened with Darius Miles).

How about the most likely scenario: They just negotiate a buyout?

But trade him to a team that wants to save the money and buy him out. We need to get something out of last years MLE! Otherwise it's a waste. Just one year!? It really angers to me to think of him just gone with nothing in return.

[Chris]

I'm pretty sure both sides can agree to a complete termination. They can site that retirement was caused by injury.

Each retirement can have different rules. But ultimately I think a buyout will be struck (even in a wink wink trade deal) and Wallace will be completely free. We'll just have to wait and see. This retirement can go a number of ways.

Here's related blurb:

http://celticshub.com/2010/06/24/aldridge-sheed-to-retire/

Here is the problem.  If Sheed retires by choice (not a career ending injury), then the money comes off the books, but he cannot return for a year, as I said above.

If he retires because of a "career ending injury", which has to be labeled that way by a Doctor, he can't just say "my back hurts too much to play", then his money would come off the books, however, if he returns, then the money goes right back on the books (this is what happened with Darius Miles).

How about the most likely scenario: They just negotiate a buyout?

Again, if he files the papers, then he has to wait a year. 

Retirement is separate from the buyout. 

If he wants to play again, they can work out a buyout, he can not file the retirement papers, and then he is free to sign with anyone he wants (I forget what the rules are for resigning with the C's though).

But it's a moot point IMO, because the rumors have been pretty clear that he is officially retiring.

[Mike-Dub]

I'm pretty sure both sides can agree to a complete termination. They can site that retirement was caused by injury.

Each retirement can have different rules. But ultimately I think a buyout will be struck (even in a wink wink trade deal) and Wallace will be completely free. We'll just have to wait and see. This retirement can go a number of ways.

Here's related blurb:

http://celticshub.com/2010/06/24/aldridge-sheed-to-retire/

Here is the problem.  If Sheed retires by choice (not a career ending injury), then the money comes off the books, but he cannot return for a year, as I said above.

If he retires because of a "career ending injury", which has to be labeled that way by a Doctor, he can't just say "my back hurts too much to play", then his money would come off the books, however, if he returns, then the money goes right back on the books (this is what happened with Darius Miles).

How about the most likely scenario: They just negotiate a buyout?

Again, if he files the papers, then he has to wait a year. 

Retirement is separate from the buyout. 

If he wants to play again, they can work out a buyout, he can not file the retirement papers, and then he is free to sign with anyone he wants (I forget what the rules are for resigning with the C's though).

But it's a moot point IMO, because the rumors have been pretty clear that he is officially retiring.

Players get that itch to come back though and how do you know he won't if the C's are looking like contenders around February.