Question about the Stretch Exception

[diconzo]

Can the Stretch Exception in the new CBA be used while keeping a player under contract? In other words, after this season could we stretch Paul Pierce's $32M remaining over 3 years vs. 2? Making his salary around $10M instead of $15M? Or does the player have to be waived, and then you can stretch their salary?

[Roy H.]

The stretch exception can only be used on waived players.  Additionally, the only players who can be waived under the stretch exception are players signed under this CBA.

However, I do think the new CBA allows renegotiation of contracts to some degree.  I haven't seen all of the specifics on that, though.

[diconzo]

The stretch exception can only be used on waived players.  Additionally, the only players who can be waived under the stretch exception are players signed under this CBA.

However, I do think the new CBA allows renegotiation of contracts to some degree.  I haven't seen all of the specifics on that, though.

Thanks for the info. A renegotiation wouldn't be bad though. Pierce could definitely play for 3 more seasons. Ray too, not sure about KG though.

[317]

have we looked into re-signing players you use the amnesty exemption on? i know its just a dream but i dream of Pierce, KG and Ray next season combined for less then 15 million on the cap.

[Roy H.]

have we looked into re-signing players you use the amnesty exemption on? i know its just a dream but i dream of Pierce, KG and Ray next season combined for less then 15 million on the cap.

We can't re-sign Pierce if we amnesty him until his original contract runs out.