If your name is either John Salmons or Francisco Garcia, you probably wont want to see your agent calling you anytime between July 1st and July 7th as the NBA has given teams those seven days to use their amnesty clause on a player.
As per the rules of the CBA, only players who signed their contracts prior to the new CBA last season are eligible to be amnestied, so that leaves little choice for the Sacramento Kings outside of Garcia or Salmons.
For Garcia, who has a team option at season end, one could reasonably assume he’s not in much danger given his essentially expiring contract so that leaves John Salmons as the main amnesty target. Salmons, who still has at least $24 million left on his contract through ’13-14 (his final year, due $7,000,000 in ’14-15 can be bought out for $1 million) would be the logical choice, but given the Kings lack of salary on the books, it’s not known if they’d be able to make the league minimum payroll if Salmons was removed from their cap (though there are some stipulations with amnestied players and league minimum payrolls).
Also, while Salmons’ contract would be removed from the cap, the Maloofs are still on the hook to pay parts of Salmons’ contract. For example, if amnestied and picked up by another team with a winning bid of $2 million dollars, the Maloofs would still be on the hook for the remaining parts of his contract (outside of the winning bid amount) every season until it runs its course.
Hard to envision the cash-strapped Maloof family being okay with that, though, a drafting of a small forward in this coming weeks NBA Draft may alter their decision.
Either way, they along with Geoff Petrie will have the opportunity to use the the one time provision if they so choose – or they can wait another Summer until 2013.