Add Jay Williams...

[elindholm]

...to the list of players who were willing to give up guaranteed salary. He just signed away nearly $5 million.

Next time this comes up and an army of people claim that no one would ever do it, I'll try to remember this (additional) example.

 

[B-Dogg]

Not technically, Chicago didnt have to pay Williams anything. Every NBA contract has a stip that basically says any injury that results from riding a motorcycle allows the contract to be voided...

 

[Chaplin]

He essentially becomes a rookie again. Seems pretty different to me than just giving up money.

 

[thegrahamcrackr]

Originally posted by B-Dogg
Not technically, Chicago didnt have to pay Williams anything. Every NBA contract has a stip that basically says any injury that results from riding a motorcycle allows the contract to be voided...

Thats right. Apparently the NBA office repedeatly contacted the Bulls and told them they didn't have to pay Williams a thing. However, by giving him some of the money, it greatens their chance to resign him (if they choose) if he gets healthy.

 

[George O'Brien]

Anyone want to contribute to the "give a motorcycle to Fortson fund"?