Originally Posted by Superjudge
no no, thy offer the QO because it lessens the cap hit. they are freeing up room to grab nash. I read about it today, its really complicated.
If they waive Sonny's rights, they gain 0.6M in cap space relative to extending the QO. If they keep his rights but don't extend his QO, they clear up 0.3M in cap space relative to extending the QO.
Extending the QO takes up more cap space than any option except signing him to a contract.
This suggestion is incorrect, wherever you read it from.
There may be some confusion with Bayless' QO, but it would still be wrong in that case - a QO never reduces the cap hold.