Raptors Waive Justin Hamilton

JULY 14: The Raptors have officially waived Hamilton, per the NBA’s official transactions log.

JULY 9: The Raptors will waive newly acquired center Justin Hamilton and stretch the remainder of his contract, Brian Windhorst of ESPN tweets.

Hamilton and his $3MM 2017/18 deal were acquired from the Nets in the trade that sent DeMarre Carroll to Brooklyn.

Per Bobby Marks of ESPN, the cap hit will be stretched into $1MM over each of the next three seasons. This, he adds, puts the Raptors $2.5MM below the luxury tax line.

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11 thoughts on “Raptors Waive Justin Hamilton

  1. Philly Fan

    I wonder if Melo would’ve been willing to waive his no trade clause for Toronto. Valanciunas, Carroll, and Toronto’s 2018 1st would’ve been enough for New York to accept and a lineup of Lowry-Powell-DeRozan-Melo-Ibaka is nice

    • gogoblue

      You do know that Anthony has no-trade clause in his contract, right? He’s only willing to waive it to go to Cleveland or Houston.

      • mcdusty31

        First sentence of his comment pretty much shows that he is well aware of Melo having a no trade clause

      • Philly Fan

        “I wonder if Melo would’ve been willing to waive his no trade clause for Toronto.” I addressed the ntc in my first sentence. I put the “I wonder” because I know the rumors are he’d only be willing to waive it for cle or hou

  2. yoyo137

    Can a team stretch as many players contracts as they’d like? Or is there some sort of limit? I know the amnesty provision was a once in a CBA thing, but is stretching contracts also limited?

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