The Washington Bullets were granted a medical exception to exceed the NBA salary cap because of forward Bernard King, who has been plagued by knee problems.
The Bullets will be able to replace King on the roster with a player who may earn up to 50 percent of King's annual salary.General manager John Nash said he plans to offer a contract to No. 1 draft pick Tom Gugliotta, a forward from North Carolina State.
King will continue to be on the roster and will open the season on the injured list, team officials said.
King missed the entire 1991-92 season following arthroscopic surgery in September 1991.
Doctors believe he cannot play this year.