Re: the $10M Trade exception?
posted at 7/16/2013 2:26 PM EDT
In response to scubber's comment:
In response to Fierce34's comment:
In response to kdp59's comment:
first time I've seen White was a part of the deal.
so the Nets got a trade exeption also then?
looks like they are due a $4M one by your calculations, right?
what a bunch of bull$2t...why even HAVE a cap if you have these kinds of exceptions to it?
don't get me wrong, I am happy the Celtics get an advantage, but the whole salary cap is really nothing but a Fraud in the NBA it seems.
where did you get this info from on the trade breakdown?
The Nets don't get a trade exception.
Trade #1 has the Celts sending out 19m and getting back 23.3m.
The Celts can take in 19m x 125% + 100k in a trade.
So the Celts can take back 23.3m because 19m x 125% = 23.75m.
The reason why the NBA salary cap is like this is because the players union refused a hard cap. Right now the NBA is using a semi-hard cap. That's why it's complicated.
And I won't reveal my source yet.
I'll make those CRAPOLOGISTS work for it.
What exactly is the rule here? The overall deal has to satisfy the salary matching rule, I presume. Then any sub-deal can have mismatch and generate TPE? Or is it all sub-deals have to satisfy the salary matching rule except for the last one that can be delayed and generate TPE? I don't quite get the mechanics of this rule.
The aggregate deal passes the 125% trade rule for teams over the cap. But within the aggregate, there were three deals ... White-Joseph (minimum salary has no affect - like a freebie), KG for nearly matching salaries and the Pierce trade for the S&T of Bogans. Even though there is a huge discrepency between Pierce & Bogans wages (which developed the TPE) the entire deal when aggregated does fall within the 125% trade rules.
And to be clear ... Brooklyn didn't have a TPE that was traded to us. TPE's can't be traded amongst teams. They are generated when one team doesn't get back a similar amount that it gave up as in an $8MM player for a draft pick having no value per the CBA. Under the right circumstance (such as this) the TPE is generated as a result of the trade being broken down into three deals within the overall deal. The C's can use it to aquire one player or more than one but it can't be bundled and it does not pass to another team. Once used it is expended and a new one generated in the name of the receiving team as a new TPE with a full year for them to use it in turn. If $8MM of a $10MM TPE is expended on a player then the receiving team gets their own TPE for $8MM and the C's now have a TPE worth $2MM for use on another player. The TPE cannot be bundled with other exceptions or players.