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 $3,455,438 for the 2019 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.