[sureLoss]

Originally Posted by killer_carlson

what is the 2nd buy out window?

Not heard of that before.

http://www.silversevensens.com/2015/...efresher-guide

The second is a window related to arbitration, and it carries some extra restrictions. For this window to open, the team has to have gone to arbitration. This window opens on the third day after the team's last arbitration is concluded and is open for 48 hours. There are also restrictions on which players can be bought out - First, the player has to have been on the reserve list as of the last trade deadline (so no buying out that off-season signing you regret until the next trade deadline). Second, there is a minimum cap value for a contract to be eligible for this - $2.75m AAV initially, but the value goes up based on the average league salary each year. The notable absence in those restrictions is that it has nothing to do with who went to arbitration, any player who meets those two restrictions can be bought out. Since this takes place after July 1st it could theoretically allow a team to buy out a new contract that they already regret as long as that player was on the roster at the previous trade deadline, though the CBA is not clear on that potential loophole. There's one last catch, though - this can only be done three times. Not three times per year - three times over the entire length of the current CBA.

The one exception to this extra window is when the only arbitration case is team-elected, and that player earned more than $1,750,000 (in 2013 dollars - it's adjusted up based on league average salary) in the previous season. In that specific case, the window does not open.