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Tim Thomas waives no-movement clause

Posted by Fluto Shinzawa, Globe Staff  June 22, 2012 02:25 PM
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PITTSBURGH – Tim Thomas has waived his no-movement clause. The clause is in place until July 1, when the fourth and final year of Thomas’s contract begins.

Several teams have inquired about Thomas’s availability. GM Peter Chiarelli said those calls have been in relation to the cap floor, which currently projects to be approximately $54 million in 2012-13. Even if Thomas doesn’t play next season, an acquiring team could apply his $5 million annual cap hit toward its total number. Thomas is due $3 million in salary.

Chiarelli didn’t disclose the identities of the teams. Colorado, Nashville, and Phoenix currently project to be the bottom three teams in terms of cap commitments toward 2012-13.

The cap floor, however, could decrease upon the introduction of the next collective bargaining agreement.

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(Barry Chin/Globe Staff)
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