The NBA has approved the Mavericks‘ request to have Tyrell Terry‘s contract removed from their team salary, tweets Bobby Marks of ESPN.
The 31st pick in the 2020 draft, Terry surprised the league in December when he announced his retirement, citing mental health issues. The 22-year-old said he was experiencing severe anxiety and had “fallen out of love” with basketball.
Terry played 11 games for Dallas as a rookie and was waived prior to the start of the 2021/22 season, despite having guaranteed money left on his contract. He signed both a 10-day and a two-way contract with the Grizzlies last season, but only appeared in two games before being waived in July.
The Mavericks were on the hook for $1.8MM to Terry this season, but they petitioned the league to have the effect on their cap erased under a career ending injury exclusion. According to Marks, the league’s decision means Dallas’ projected tax bill will fall from $60.4MM to $53.7MM.
5 thoughts on “League OKs Mavericks’ Request To Remove Tyrell Terry From Team Salary”
Tyrell Terry got paid and was like “I’m out”. Take the money and run. Typical Ben Simmons excuse
As opposed to LFGMets, who hasn’t got paid, is forced to endure supporting the Mets, and hasn’t been in any shape to run since his high school beep test in ’76
You are both correct
I don’t think they have to pay a player who asks out. The point of this news is an accounting process so that the team doesn’t have to pay a tax for a player who is no longer with the team. As I read it, they would have had to pay the tax even tho the player wasn’t getting paid.
He will un retire in about two years when shxt hits the fan… he will join the gleague in attempts to make an nba comeback lol