I believe the restriction on signing players after buying them out related to compliance buy-outs, not regular ones. Have not done sufficient research to prove this, but Capfriendly's FAQ seems to be specific to the compliance ones with it:
https://www.capfriendly.com/buyout-faq
Quote:
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Originally Posted by CapFriendly
Compliance buyouts were only permitted to be executed on a contract that was entered into on or before Sept. 15, 2012. They were also permitted to be performed on a 35-plus contract.
For one season following a compliance buyout, players were not permitted to rejoin the team which performed the buyout (this restriction does not exist for normal buyouts).
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