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kingsdelez24
11-03-2011, 03:02 PM
When the lockout ends, could the players renegotiate their contracts so the team could sign someone else (I.E Amar'e and Melo lowering their contracts 2-4 million annually to make space for cp3). I'm not a knicks fan who wants this to happen, it was just a thought.

Hellcrooner
11-03-2011, 03:24 PM
nope

miller74
11-03-2011, 03:32 PM
Depends on the details of the new CBA, use to be able to in hockey, new CBA they cannot. Football they are still able to as far as i know

PhillyFaninLA
11-03-2011, 03:41 PM
If they new CBA has a clause allowing players to void there legally binding contracts then yes if not no. Of course the owners would never allow the clause to exist so no it won't be a possibility but it is a good question though.

smith&wesson
11-03-2011, 03:47 PM
no because then every player in the league can have their contracts re-negotiated.

ttam68
11-03-2011, 04:39 PM
53. Can existing contracts be renegotiated?

A contract for four or more seasons can be renegotiated after the third anniversary of its signing, extension, or renegotiation that increased any season's salary by more than 8%. Contracts for fewer than four seasons cannot be renegotiated. A contract cannot be renegotiated between March 1 and June 30 of any year. Only teams under the cap can renegotiate a contract, and the salary in the then-current season can be increased only to the extent that the team has room under the cap. Raises in subsequent years are limited to 10.5% of the salary in the first renegotiated season. The renegotiation may not contain a signing bonus. Contracts cannot be renegotiated downward (players can't take a "pay cut" in order to create salary cap room for the team) or to contain fewer seasons.

Again, a team over the salary cap cannot renegotiate a contract. An interesting case of this was Shawn Kemp with the Sonics. Kemp, who was unhappy with his contract and wanted to renegotiate, could not get a larger contract from the Sonics because they were over the cap. Kemp forced a trade to Cleveland, who was far enough under the cap at the time to give him the large contract he wanted. Kemp's contract was renegotiated soon after the trade.

54. In what other ways can an existing contract be modified?

Other than extensions (see question number 52) and renegotiations (see question number 53), a team and player can mutually modify an existing contract as follows:

•To alter the amount of compensation protection -- i.e., the guarantee (see question number 94). This is commonly done as part of a buyout (see question number 62).
•To eliminate an option or ETO (see question number 51). Note that eliminating an option does NOT constitute illegally shortening a contract, since an option year isn't considered part of the original term of a contract until it is invoked.
•To reduce the amount of a trade bonus (see question number 86), but only to the extent necessary to make a trade legal.
•To waive set-off (see question number 57), which is commonly done in conjunction with a buyout (see question number 62).
•To alter the pay schedule.
•To alter the window of time during which an option may be invoked (rare).
•To alter the list of outside activities in which the player is allowed to participate (rare).
•To change the section of the standard contract that permits the team to suspend the player if the player does not maintain sufficient physical condition.

http://members.cox.net/lmcoon/salarycap.htm#Q53