Just adding this from something I was asking about earlier incase people didn't know because I wasnt sure exactly how it worked or triggered the "second buy out" period.
From Capfriendly
Buyouts Outside of the Regular Period
Clubs whom have 1 or more arbitration filings may be permitted to perform a buyout outside of the regular window. This gives teams another opportunity to become cap compliant following an arbitration case.Clubs are permitted to perform a buyout outside the regular period during the 48 hour period beginning on the third day after the final of [CBA 13(c)ii]:
- Settlement of the Club's final arbitration case, or
- Receipt of the Club's last arbitration award
Requirements:
- A buyout can only be performed on a player who was on the clubs reserve list at 3:00pm on the most recent trade deadline
- The player must have a cap hit of at least $4,000,000 for the 2023 offseason
There is an exception to this buyout period (CBA Reference: Section 11.18; 12.3) if the arbitation was Club-elected (as opposed to player-elected) and the player did not receive a qualifying offer. In this case, a minimum of two arbitration cases are necessary to trigger the buy-out period outside the regular window.
The number of arbitration filings required to open the buy-out window outside the regular period are as follows:
�
[TABLE=collapse]
[TR]
[TD]Mininum Number of Arbitration Cases Required to Trigger a Buyout Window Outside of the Regular Period[/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Arbitration Case[/TD]
[TD]Min. Number of Arbitration Cases[/TD]
[/TR]
[TR]
[TD]Player-Elected[/TD]
[TD]1[/TD]
[/TR]
[TR]
[TD]Club-Elected [Player received a Qualifying Offer][/TD]
[TD]1[/TD]
[/TR]
[TR]
[TD]Club-Elected [Player did not receive a Qualifying Offer][/TD]
[TD]2[/TD]
[/TR]
[/TABLE]
If you are interested in determining the buyouts for your favourite players, our buyout calculator performs the above calculations in a user-friendly manner.