From what I can tell I don't think LAC can sign JR Smith. I think they used their 2.5mil Exception on KMart! that limits the number of teams worth going to. Now JR can make more money going to some team like the Hawks, OKC, Philly, Orl or Cavs if they were interested. Knicks have to be at the top of the list in terms of desirable destinations, tho not if he is only looking for the most money. This list below was last updated on Jan. 16th.
Team Bi-Annual Mid-Level Trade Exception
Atlanta $1,900,000 $5,000,000
(non-taxpayer) 1
Charlotte $1,900,000 $2,500,000
(non-taxpayer) 2
Chicago $1,900,000 Cleveland $1,900,000 $5,000,000
(non-taxpayer)
Dallas $1,900,000 - 4
Denver $1,900,000 $5,000,000
(non-taxpayer) 4
Detroit - $5,000,000
(non-taxpayer)
Golden State - $2,500,000
(cap room)
Indiana - $2,500,000
(cap room)
L.A. Clippers - $2,500,000 - Used on KMart
(cap room) 2
Memphis $900,000 $2,450,000
(non-taxpayer)
Milwaukee - $2,500,000
(cap room)
Minnesota - $2,500,000
(cap room)
New Orleans - $3,432,500
(non-taxpayer) 2
New York - $2,500,000
(cap room)
Oklahoma City $1,900,000 $4,525,000
(non-taxpayer) 1
Orlando $1,900,000 $5,000,000
(non-taxpayer) 1
Philadelphia $1,900,000 $5,000,000
(non-taxpayer) 1
Phoenix $1,900,000
Portland $1,900,000 - 1
Sacramento - $2,500,000
(cap room)
San Antonio $1,900,000 $5,000,000
(non-taxpayer) 1
Toronto $400,000 $2,500,000
(non-taxpayer)
Utah $1,900,000 $550,000
(non-taxpayer) 2
Washington - $2,500,000
(cap room)
2/7/2012 8:00 PM
