Report: Thunder and Nate Robinson working on a buyout
Layne Murdoch/NBAE/Getty Images
The Thunder are working on a contract buyout of Nate Robinson, according to J. Michael Falgoust of USA Today. The Thunder evidently tried to get a buyout done before the lockout, but weren’t able to. Once Robinson is bought out, he’ll become a free agent.
Robinson is on an expiring contract worth $4.5 million for this season and is seen as a valuable trade asset for the Thunder because he can a) play and b) is $4.5 million coming off the books in 2012.
Some had seen Robinson as a potential amnesty candidate for Oklahoma City, but that never made a whole lot of sense considering his contract isn’t massive and that it was expiring after this season. Once Robinson were bought out, it would free up a roster spot and a little bit more cash to work with in free agency. If Robinson were bought out how it normally works, most of that $4.5 million would count against the cap this year.
OKC would see 50 percent of any new NBA contract Robinson were to sign for this season removed from that $4.5 million cap hit. For example, if Robinson were to sign with the Hawks for one-year $3 million, OKC’s cap hit would be for $3 million.
Why not keep him on and let him just expire? For one, the roster spot. It frees Presti to use it on a D-Leaguer he likes or even to sign someone. Secondly, you have to pay him less, presumably. And third, OKC doesn’t need a fourth point guard. Robinson wasn’t happy at all with his situation in OKC and with Reggie Jackson now in the mix, the Thunder don’t have any plans for Robinson.




Can someone explain to me why a buy out is preferred to amnesty? Amnesty wouldn't count against the cap, although the Thunder would still pay him - whatever he resigns vs does count against the cap - half of what he resigns? Are we just saving it just in case.
- spam
- offensive
- disagree
- off topic
Like