Due over $15 million for the coming season and over $16 million for the 2014-15 season, Chicago Bulls power forward Carlos Boozer might not want to invest in any Chicago-land real estate in the near future.
As one of the few members of the Bulls who can waived using the one-time amnesty clause, according to a report from ESPN, it’s merely a matter of when – not if – the Bulls cut bait with the former Duke Blue Devil.
Carlos Boozer comes into the year knowing there’s a very good chance he’ll be amnestied next summer.
The amnesty rules are pretty simple – any player who signed a contract after the previous CBA was approved can not be amnestied, so only players on a contract signed before the most recent CBA was agreed upon can be amnestied. Along with that, each team gets one amnesty use during the current CBA so teams need to make sure they use it on the correct player – usually somebody with a poor contract.
By using the amnesty clause, a team will still be required to pay the player his said salary but it will be removed off of the team salary cap which would be a huge plus for the Bulls going into the 2014-15 season.
Removing Boozer’s near $17 million dollar deal next year will put the Bulls around $43 million in guaranteed salary which would give them plenty of room to sign a max free agent with both Derrick Rose and Joakim Noah under contract.
Sounds like Boozer will be annoyingly screaming “AND ONE” elsewhere after the upcoming season.