I’m still confused about franchise teams' contracts with their players. Let’s say a player signs a contract for the 2025 season in 2024, with the contract ending after the 2026 season. What happens in the following scenarios:
A. The team decides not to play the player anymore at the end of the 2025 season (or even mid-season). Does the player just get dropped without any bonus since the team itself break the contract? (Understandable if yes).
B. The team decides not to partner with the player anymore, and/or another team wants to buy the player. Does the other team have to pay a huge buyout since the contract is still long? Is this what they call a contract jail, where the player can’t go anywhere because no team is willing to pay the large buyout for their contract? Is the contract buyout price determined by the contract duration?
This came to my attention because I’ve seen some names with contracts due to 2026-2027 season. However, knowing how this industry goes, I wouldn’t be surprised if that doesn’t matter and they end up being dropped after just a season or so. Thanks good people