Details of the terms of Jamal Crawford’s buyout with the Atlanta Hawks were finally revealed late Tuesday night. Chris Vivlamore originally reported that Crawford’s 2017-2018 salary would be approximately $11 million and Eric Pincus of BasketballInsiders.com indicates that Jamal gave up $4 million of his remaining $17,246,988 in guaranteed compensation for his release.
Allow me to clarify what a buyout entails and how this affects Atlanta’s cap sheet moving forward.
In the NBA, players must sign what is termed a Uniform Player Contract that is collectively bargained by the owners and player’s association.