This long - overdue update more than doubles the former salary threshold (just $ 23,660 annually), thereby extending overtime pay protections to over 4 million additional workers in the first year of implementation alone. (inc.com)
People pay into this while working and, in the event that they find themselves unemployed, get a good chunk of their former salary — up to a whopping 90 % for the lowest - end jobs — paid out to them for a period of up to two years. (canadianbusiness.com)
So, the league says no, and makes you have a cap hold on them so you don't have his former salary as free space while he's a free agent. (sbnation.com)