Each team permitted to waive 1 player prior to any season of the CBA (only for contracts in place at the inception of the CBA) and have 100% of the player’s salary removed from team salary for Cap and Tax purposes.
The key phrase there is “in place.” The NBA told me “in place” meant on a team’s roster right now, so that teams could not use amnesty on a player they acquire via a trade made after the league resumes player movement business on Dec. 9. But union sources insist the two sides have not discussed this scenario in detail, meaning it must be hashed out, along with hundreds of other details, as the two sides scramble to complete the CBA by the end of business on Dec. 8. Perhaps “in place” in regards to amnesty-eligible contracts could simply mean “in existence now,” regardless of which team holds the contract.