In the wake of the news that Martell Webster is having hip surgery that will likely cost him the rest of the season, you may have heard the Wizards are going to pursue a Disabled Player Exception (DPE) which they could use to add a player to the roster. How does the DPE work? CBA FAQ explains:
If this exception is granted, the team can acquire one player via free agent signing, trade or waiver claim, to replace the disabled player:
The team may sign a free agent for one season only, for 50% of the disabled player's salary or the amount of the Non-Taxpayer Mid-Level exception, whichever is less.