So Pietrus was waived yest. Why do we have to wait until Sat. Is it a 24 hour waiver period then a 24 signing period ? If that is true has he successfully cleared waivers yet. I am afraid he does not clear waivers. If I read it correctly his contract was 4.3 million because of 66 game season. The Suns bought him out for 3 million which means a waiver claim is only for 1.3. Am I understanding this correctly ? if that is true for 1.3 I do not see him clearing waivers.
2 day waiver as I understand it. And no, as I understand it, to claim off waivers it has to be for the full salary. Buyout is irrelevant to that.
Amnesty, which this is not, works a bit different. You bid, and then if you win pay a portion of the full salary, while the releasing team pays the rest. Something along those lines.