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Knicks received a 3.6 million dollar trade exception in the Tyson trade
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EnySpree
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7/2/2014  10:29 AM
SupremeCommander wrote:
RonRon wrote:
knicks1248 wrote:Can someone explain how this actually works, is it an extra 3.6 mill you have to spend on a FA. In other words, can you take the MLE and combine it with the trade exception which would totally about 7 mill, and use it on a FA?

I have always been a little confuse at how thos exceptions work


No, you get 1 year to use it from the date of the trade, it can never be combined with anything, use it or lose it
You can sign use it to sign a free agent or in trades (but can not be combined to take more salary, only one contract within the exemption obtained

well apparently I was confused too - I thought you could sign a guy outright

You could you just can't combine it

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SupremeCommander
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7/2/2014  10:32 AM
EnySpree wrote:
SupremeCommander wrote:
RonRon wrote:
knicks1248 wrote:Can someone explain how this actually works, is it an extra 3.6 mill you have to spend on a FA. In other words, can you take the MLE and combine it with the trade exception which would totally about 7 mill, and use it on a FA?

I have always been a little confuse at how thos exceptions work


No, you get 1 year to use it from the date of the trade, it can never be combined with anything, use it or lose it
You can sign use it to sign a free agent or in trades (but can not be combined to take more salary, only one contract within the exemption obtained

well apparently I was confused too - I thought you could sign a guy outright

You could you just can't combine it

oh - thanks

DLeethal wrote: Lol Rick needs a safe space
RonRon
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7/2/2014  10:33 AM    LAST EDITED: 7/2/2014  10:35 AM
then it may only be used in a trade scenario, with either an asset or a players rights (to which we just drafted with 2 2nd round picks)
It makes sense, that is how The Lakers got Nash, needing a trade from The Sun's

I am not even sure any more, I think it depends if you are under or over the cap/ tax threshold as well
So maybe what CA decides to do will have another impact

BRIGGS
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7/2/2014  10:33 AM
Gives us more to spend than the MLE
RIP Crushalot😞
Clean
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7/2/2014  10:39 AM
CrushAlot wrote:
Bonn1997 wrote:Eh, it could potentially be a nice little asset or it could just make it easier for the Knicks to continue shooting themselves in the feet by taking back bad contracts.
Phil has made one move and it appears that the era of the Knicks getting burned badly in every trade is over.

So True! This is the 1st trade in the last 4 or 5 years I can remember loving 100%(Including Melo Trade).

SupremeCommander
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7/2/2014  10:44 AM
BRIGGS wrote:Gives us more to spend than the MLE

It essentially like having two, but with one better than everyone else's

DLeethal wrote: Lol Rick needs a safe space
EnySpree
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7/2/2014  10:45 AM
BRIGGS wrote:Gives us more to spend than the MLE

On at least 2 separate players. The trade exemption can't be broken up. The MLE can.

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fishmike
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7/2/2014  10:50 AM
CrushAlot wrote:
knicks1248 wrote:Can someone explain how this actually works, is it an extra 3.6 mill you have to spend on a FA. In other words, can you take the MLE and combine it with the trade exception which would totally about 7 mill, and use it on a FA?

I have always been a little confuse at how thos exceptions work

I checked Coon's site and found it a bit confusing. This is from Wiki:
Traded Player Exception[edit]

If a team trades away a player with a higher salary than the player they acquire in return (the deal hereafter referred to as "Trade #1"), they receive a Traded Player Exception, also known as a "Trade Exception". Teams with a trade exception have up to a year in which they can acquire more salary in other trades (Trade #2, #3, etc.) than they send away, as long as the gulf in salaries for Trade #2, #3, etc. are less than or equal to the difference in salary for Trade #1. This exception is particularly useful when teams trade draft picks directly for a player; since draft picks have no salary value, often the only way to get salaries to match is to use a trade exception, which allows trades to be made despite unbalanced salaries. It is also useful to compensate teams for losing free agents, as they can do a sign and trade of that free agent to acquire a trade exception that can be used later. Note this exception is for single player trades only, though additional cash and draft picks can be part of the trade.


http://en.wikipedia.org/wiki/NBA_Salary_Cap
this was my thought if Melo bolts... S&T him and at the worst you have a large exception you can use.. possibly even in a draft day trade for next year.
"winning is more fun... then fun is fun" -Thibs
Nalod
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7/2/2014  11:10 AM
We did rid ourselves of Felton too!!!!!

If Phil can get a number one pick for Eisley and Duhan it would be epic!!!

Phil is so good, he can trade retired players!

DJMUSIC
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7/2/2014  11:10 AM
Nalod wrote:We did rid ourselves of Felton too!!!!!

If Phil can get a number one pick for Eisley and Duhan it would be epic!!!

Phil is so good, he can trade retired players!

LOL
Good one

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gunsnewing
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7/2/2014  11:21 AM
fishmike wrote:
CrushAlot wrote:
knicks1248 wrote:Can someone explain how this actually works, is it an extra 3.6 mill you have to spend on a FA. In other words, can you take the MLE and combine it with the trade exception which would totally about 7 mill, and use it on a FA?

I have always been a little confuse at how thos exceptions work

I checked Coon's site and found it a bit confusing. This is from Wiki:
Traded Player Exception[edit]

If a team trades away a player with a higher salary than the player they acquire in return (the deal hereafter referred to as "Trade #1"), they receive a Traded Player Exception, also known as a "Trade Exception". Teams with a trade exception have up to a year in which they can acquire more salary in other trades (Trade #2, #3, etc.) than they send away, as long as the gulf in salaries for Trade #2, #3, etc. are less than or equal to the difference in salary for Trade #1. This exception is particularly useful when teams trade draft picks directly for a player; since draft picks have no salary value, often the only way to get salaries to match is to use a trade exception, which allows trades to be made despite unbalanced salaries. It is also useful to compensate teams for losing free agents, as they can do a sign and trade of that free agent to acquire a trade exception that can be used later. Note this exception is for single player trades only, though additional cash and draft picks can be part of the trade.


http://en.wikipedia.org/wiki/NBA_Salary_Cap
this was my thought if Melo bolts... S&T him and at the worst you have a large exception you can use.. possibly even in a draft day trade for next year.

I think the full exception is around $7mil nice!

Finestrg
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7/2/2014  11:37 AM    LAST EDITED: 7/2/2014  11:42 AM
SupremeCommander wrote:
RonRon wrote:
knicks1248 wrote:Can someone explain how this actually works, is it an extra 3.6 mill you have to spend on a FA. In other words, can you take the MLE and combine it with the trade exception which would totally about 7 mill, and use it on a FA?

I have always been a little confuse at how thos exceptions work


No, you get 1 year to use it from the date of the trade, it can never be combined with anything, use it or lose it
You can sign use it to sign a free agent or in trades (but can not be combined to take more salary, only one contract within the exemption obtained

well apparently I was confused too - I thought you could sign a guy outright

Ok, so it can be used for straight up FA signings, right? So now we're looking at the mini-MLE ($3.2mm?) AND this trade exception of $3.6mm to sign FAs? Is that the deal? If so, that's awesome. Much easier to bring in 2 impact players now -- re-sign Cole Aldrich and get another player as well, be it another PG, more of a name-brand PF, etc.. A couple of combinations immediately come to mind:

Cole Aldrich/Jerryd Bayless

Cole Aldrich/Jordan Hill (then cut Pablo and find a 3rd PG on the cheap somewhere -- Seth Curry, Kalin Lucas, etc.). Hill may command more than either amount we have available to spend though..

Jordan Hill/Jerryd Bayless

If we could get Aldrich to take his minimum for one more year and found a way to get Aldrich, Hill AND Bayless on board, I'd be ecstatic!

jrodmc
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7/2/2014  11:41 AM
Nalod wrote:We did rid ourselves of Felton too!!!!!

If Phil can get a number one pick for Eisley and Duhan it would be epic!!!

Phil is so good, he can trade retired players!

MediaPhil can turn Bargs into Bill Russell!
MediaPhil will make Dalembert 10 years younger!
MediaPhil can turn Shump into Pippen!
MediaPhil will turn THJr into MJ/Kobe, without the attitude!
MediaPhil is going to get the league to provide delayed compensation picks and MLE's for the Alan Houston, Jerome James, Eddy Curry contracts!

knicks1248
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7/2/2014  11:45 AM
CrushAlot wrote:
knicks1248 wrote:Can someone explain how this actually works, is it an extra 3.6 mill you have to spend on a FA. In other words, can you take the MLE and combine it with the trade exception which would totally about 7 mill, and use it on a FA?

I have always been a little confuse at how thos exceptions work

I checked Coon's site and found it a bit confusing. This is from Wiki:
Traded Player Exception[edit]

If a team trades away a player with a higher salary than the player they acquire in return (the deal hereafter referred to as "Trade #1"), they receive a Traded Player Exception, also known as a "Trade Exception". Teams with a trade exception have up to a year in which they can acquire more salary in other trades (Trade #2, #3, etc.) than they send away, as long as the gulf in salaries for Trade #2, #3, etc. are less than or equal to the difference in salary for Trade #1. This exception is particularly useful when teams trade draft picks directly for a player; since draft picks have no salary value, often the only way to get salaries to match is to use a trade exception, which allows trades to be made despite unbalanced salaries. It is also useful to compensate teams for losing free agents, as they can do a sign and trade of that free agent to acquire a trade exception that can be used later. Note this exception is for single player trades only, though additional cash and draft picks can be part of the trade.


http://en.wikipedia.org/wiki/NBA_Salary_Cap

thanks guys

ES
Finestrg
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7/2/2014  11:50 AM    LAST EDITED: 7/2/2014  12:51 PM
Re: Aldrich -- I doubt seriously that Aldrich gets a big offer from another team -- he's been around for awhile now and hasn't gotten big mins or put up big numbers anywhere he's been yet (it's usually the gaudy numbers that warrant the big contracts). Same deal for us last year when looking at his numbers face value... The yr before he put up slightly better numbers for Sacramento in a couple of mins more per game yet still signed with the Knicks for the minimum. I thought he looked in better shape for Sac and some of his prior teams as well, for what that's worth (meaning he didn't help his cause for a substantial contract here)...Didn't appear to be in top shape for us which is my only criticism...Otherwise, when he did play, you saw the value in spades...The beauty of this guy is that he's shown he can play at a high level production-wise if given the time. But he's shown that in prior stops as well where he's been in better physical shape...Point here is that hopefully this bodes well for us and we can bring him back cheap and then start playing him bigger minutes from day 1. I'm tellin' ya man, this dude's an automatic double-double with 3 blks a game minimum if given enough playing time. I just hope nobody else but the Knicks feel that way. But now with this trade exception, hopefully we can be competitive with any other offer he may receive. Hoping and praying they bring Cole back! They'd be stupid not to.
smackeddog
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7/2/2014  1:00 PM
EnySpree wrote:It's the trade that keeps on giving

ha! Not a bad haul really- Calderon, Dalambert, Ellington, a first rounder from last year in Larkin, plus 2 2nd rounders (which we used to select two promising players), a trade exemption and we got rid of Felton and Tyson (both of who I grew to despise). Hated the trade at first, but we did get a a lot out of it!

MaTT4281
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7/2/2014  1:32 PM
smackeddog wrote:
EnySpree wrote:It's the trade that keeps on giving

ha! Not a bad haul really- Calderon, Dalambert, Ellington, a first rounder from last year in Larkin, plus 2 2nd rounders (which we used to select two promising players), a trade exemption and we got rid of Felton and Tyson (both of who I grew to despise). Hated the trade at first, but we did get a a lot out of it!


It took me a bit at first to get over those extra years on Calderon's contract, but geez, when you lay it all out like that, we got away with highway robbery!
You da man, Phil!

yellowboy90
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7/2/2014  1:39 PM
The Knicks can bring back Copeland since the Pacers just signed another stretch 4. Will they use this one?
CrushAlot
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7/2/2014  1:45 PM
yellowboy90 wrote:The Knicks can bring back Copeland since the Pacers just signed another stretch 4. Will they use this one?
I think they signed two, a euro and another guy that is projected to be out all next year.
I'm tired,I'm tired, I'm so tired right now......Kristaps Porzingis 1/3/18
SupremeCommander
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7/2/2014  1:47 PM    LAST EDITED: 7/2/2014  1:47 PM
Finestrg wrote:
SupremeCommander wrote:
RonRon wrote:
knicks1248 wrote:Can someone explain how this actually works, is it an extra 3.6 mill you have to spend on a FA. In other words, can you take the MLE and combine it with the trade exception which would totally about 7 mill, and use it on a FA?

I have always been a little confuse at how thos exceptions work


No, you get 1 year to use it from the date of the trade, it can never be combined with anything, use it or lose it
You can sign use it to sign a free agent or in trades (but can not be combined to take more salary, only one contract within the exemption obtained

well apparently I was confused too - I thought you could sign a guy outright

Ok, so it can be used for straight up FA signings, right? So now we're looking at the mini-MLE ($3.2mm?) AND this trade exception of $3.6mm to sign FAs? Is that the deal? If so, that's awesome. Much easier to bring in 2 impact players now -- re-sign Cole Aldrich and get another player as well, be it another PG, more of a name-brand PF, etc.. A couple of combinations immediately come to mind:

Cole Aldrich/Jerryd Bayless

Cole Aldrich/Jordan Hill (then cut Pablo and find a 3rd PG on the cheap somewhere -- Seth Curry, Kalin Lucas, etc.). Hill may command more than either amount we have available to spend though..

Jordan Hill/Jerryd Bayless

If we could get Aldrich to take his minimum for one more year and found a way to get Aldrich, Hill AND Bayless on board, I'd be ecstatic!

that was my understanding from the start but now I'm uncertain if that's right.

DLeethal wrote: Lol Rick needs a safe space
Knicks received a 3.6 million dollar trade exception in the Tyson trade

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