News from August 19.
The NBA disapproved the new contract between Toni Kukoc and the Chicago
Bulls claiming that it circumvented the salary cap. Kukoc had used
the opt-out clause from his rookie contract to become a restricted free
agent. Teams are allowed to resigned free agents without consideration
to the salary cap.
Sacramento renounced the rights to Wayman Tisdale and signed unrestricted
free agent Frank Brickowski into Tisdale's salary slot.