Cavs Working on Eric Snow’s Retirement Papers
The Cavs have already started the paperwork with the league office on getting Eric Snow approved for disability retirement. There are lots of hoops to jump through, but Snow says that his left knee is bone-on-bone, and that he’s probably done.
If all the proper parties sign off, Snow’s $7.3 million could be taken off the Cavs’ books for luxury-tax purposes.
It is also possible that the NBA could grant the Cavs an exception of up to half of Snow’s salary ($3.7 million) to use to sign another player or to use in a trade. [Ohio.com]