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Report: Samuel Dalembert Waived Trade Kicker

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Comcast SportsNet Philadelphia reported last week that Samuel Dalembert waived his trade kicker in order to make the swap for Spencer Hawes and Andres Nocioni go through before July 1, so Dalembert's 2009-10 salary is $12.9 million. That leaves the Kings with roughly $17 million in cap space, with the No. 5 pick in the draft already accounted for.

There had been some question as to whether Dalembert waived the trade kicker or not.

Aykis Note:

Samuel Dalembert did not waive his full trade kicker, since that's illegal, but he did waive a significant amount.  According to a great update by Sham of ShamSports, and confirmed to me by Larry Coon via Twitter, Samuel's maximum trade kicker of 15% would have given him $1,932,673.35, split over this season and next season (this season's contract doesn't end until July 1st).  Effectively, this means that Sam would have been owed $966,337 more next season.  Instead, it has been cut down to $365,306 for next season.

Since Kickers are paid in a lump sum as a bonus, he did effectively give up $1,202,061.