Author Topic: Pietrus question ?  (Read 9433 times)

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Pietrus question ?
« on: December 23, 2011, 04:45:41 PM »

Offline Texstyles

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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.

Re: Pietrus question ?
« Reply #1 on: December 23, 2011, 04:47:44 PM »

Offline BudweiserCeltic

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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.

Re: Pietrus question ?
« Reply #2 on: December 23, 2011, 04:50:30 PM »

Offline kozlodoev

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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.
Under-the-cap teams can bid up to the full salary to claim players off waivers, no?
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Re: Pietrus question ?
« Reply #3 on: December 23, 2011, 04:52:38 PM »

Offline BudweiserCeltic

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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.
Under-the-cap teams can bid up to the full salary to claim players off waivers, no?

That's my understanding. But I don't think it has anything to do with a bid, it's about taking on the full contract. Bidding is for amnesty situations, which this is not.

You claim Pietrus, you pay him full contract. So no bidding, just claim. At least how I understand it at the moment.

Re: Pietrus question ?
« Reply #4 on: December 23, 2011, 04:53:55 PM »

Online Roy H.

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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.
Under-the-cap teams can bid up to the full salary to claim players off waivers, no?

It's not a "bid".  Rather, any team that can absorb Pietrus' full salary -- either by being under the cap, or having a trade exception -- can claim Pietrus.  They have to claim his full $5.3 million (or whatever it is) salary, though.

(Caveat:  I haven't read the new CBA.  This is how it worked under the old CBA, and I doubt the new one changed the claiming procedures radically, except in the case of amnesty.)
« Last Edit: December 23, 2011, 06:49:20 PM by Roy H. »


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Re: Pietrus question ?
« Reply #5 on: December 23, 2011, 04:55:12 PM »

Offline BudweiserCeltic

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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.
Under-the-cap teams can bid up to the full salary to claim players off waivers, no?

It's not a "bid".  Rather, any team that can absorb Pietrus' full salary -- either by being under the cap, or having a trade exception -- can claim Pietrus.  They have to claim his full $4.3 million salary, though.

(Caveat:  I haven't read the new CBA.  This is how it worked under the old CBA, and I doubt the new one changed the claiming procedures radically, except in the case of amnesty.)

We need one of those Coon's sites for the new one.

Re: Pietrus question ?
« Reply #6 on: December 23, 2011, 05:18:13 PM »

Offline Texstyles

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From what I am hearing on here this is good.  I was thinking his claim only needed to be 1.3 because his buyout was 3 mill. but what you guys are saying sounds more like it. 

Re: Pietrus question ?
« Reply #7 on: December 23, 2011, 06:10:08 PM »

Offline greenpride32

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From what I've been reading a team would need to be willing and able to take on his entire contract if they claim him:

Pietrus must first clear waivers -- that won't happen until 6 p.m. Saturday -- but it's highly unlikely that any team will want to pick up the $5.3 million he is owed this season. CSNNE

I'd have to say it's all but certain he will clear; it's just a matter of whether he wants to join the C's or if a more desirable option opens up for him.

Re: Pietrus question ?
« Reply #8 on: December 23, 2011, 06:45:43 PM »

Offline PosImpos

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If Pietrus does clear waivers and sign with the Celtics, will he be available for Sunday's game?
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Re: Pietrus question ?
« Reply #9 on: December 23, 2011, 07:37:43 PM »

Offline Smokeeye123

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I have the feeling the Celtics won't get Pietrus just because of how much of an unfortunate failure this offseason has been with signing FA/trades.

Re: Pietrus question ?
« Reply #10 on: December 23, 2011, 08:04:47 PM »

Offline greenpride32

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If Pietrus does clear waivers and sign with the Celtics, will he be available for Sunday's game?

He probably needs to fly in and take a physical; I doubt all that could turn around so quickly.  Also having not practiced at all with the team he would be lost.  Plus I'm not sure if he's even healthy enough to play yet.

Re: Pietrus question ?
« Reply #11 on: December 23, 2011, 08:07:24 PM »

Offline greenpride32

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I have the feeling the Celtics won't get Pietrus just because of how much of an unfortunate failure this offseason has been with signing FA/trades.

It really boils down to who else wants him.  I'm thinking if teams like MIA CHI NYK LAL; or reven ORL come calling he might consider those over the C's.

Re: Pietrus question ?
« Reply #12 on: December 23, 2011, 08:10:08 PM »

Online snively

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I have the feeling the Celtics won't get Pietrus just because of how much of an unfortunate failure this offseason has been with signing FA/trades.

So many sources are pointing to the C's, though. 

Very excited for the possibility.  Now all we need to do is upgrade Dooling at some point and I will be very satisfied with our bench. 
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Re: Pietrus question ?
« Reply #13 on: December 23, 2011, 08:12:22 PM »

Online snively

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I have the feeling the Celtics won't get Pietrus just because of how much of an unfortunate failure this offseason has been with signing FA/trades.

It really boils down to who else wants him.  I'm thinking if teams like MIA CHI NYK LAL; or reven ORL come calling he might consider those over the C's.

Miami doesn't need him.  Chicago could use him but they've got Brewer and Korver.  NYK is a possibility.  Lakers have a full roster; they'd have to cut one of their rooks or amnesty Walton or Artest to bring him in.
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Re: Pietrus question ?
« Reply #14 on: December 23, 2011, 08:46:13 PM »

Offline csfansince60s

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If Pietrus does clear waivers and sign with the Celtics, will he be available for Sunday's game?

When the Raptor trade fell apart, around the 10th or 11th, his agent said that he was 2-4 weeks away.

Don't think that he is quite ready yet.

"The proposed trade that would have sent Mickael Pietrus to the Raptors has been called off.

Pietrus had slight knee swelling following a workout for the Raptors, according to his agent Bill McCandless.

Pietrus described the trade as being postponed.

The Raptors medical staff determined that Pietrus needed two to four more weeks to be cleared for play.

"This is just an injured player," McCandless said. "Mike says he will be ready. He's been working out for two weeks. Is he in game shape? No."

http://basketball.realgm.com/wiretap/217321/Raptors_Decide_To_Call_Off_Pietrus_Trade