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mreinman
Posts: 37827 Alba Posts: 1 Joined: 7/14/2010 Member: #3189 |
5/21/2015 5:51 PM
stop spamming
so here is what phil is thinking ....
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mreinman
Posts: 37827 Alba Posts: 1 Joined: 7/14/2010 Member: #3189 |
5/21/2015 5:53 PM
callmened wrote:can someone explain to me what a trade exception is? please excuse my ignorance http://en.wikipedia.org/wiki/NBA_salary_cap#Traded_Player_Exception so here is what phil is thinking ....
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callmened
Posts: 24448 Alba Posts: 1 Joined: 5/26/2012 Member: #4234 |
5/21/2015 5:58 PM
mreinman wrote:callmened wrote:can someone explain to me what a trade exception is? please excuse my ignorance thanks.just looked that up after i read it. clever lil transactions. maybe phil knows what hes doing. lol Knicks should be improved: win about 40 games and maybe sneak into the playoffs. Melo, Rose and even Noah will have some nice moments however this team should be about PORZINGUS. the sooner they make him the primary player, the better
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fwk00
Posts: 22130 Alba Posts: 0 Joined: 5/20/2015 Member: #6048 |
5/21/2015 6:03 PM
callmened wrote:mreinman wrote:callmened wrote:can someone explain to me what a trade exception is? please excuse my ignorance Yes, you can play with them on ESPN's Trade Machine. Pick a player on another team and it may show a little trade exception box in the fellow's profile. To use an exception, click that little black box and it applies the exception. |
WaltLongmire
Posts: 27623 Alba Posts: 0 Joined: 6/28/2014 Member: #5843 |
5/21/2015 6:24 PM LAST EDITED: 5/21/2015 6:26 PM
Wrote this while nixluvas post was put up...
fwk00 wrote:callmened wrote:mreinman wrote:callmened wrote:can someone explain to me what a trade exception is? please excuse my ignorance 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. So we are taking on a player that another team might not want (and we do, I assume) and a draft pick, and giving them our trade exception. Am I to assume that the other team would do this to get rid of a contract they don't want or cannot afford because it messes with their cap? Are they then able to use the trade exception from us in any way, or does it just "dissolve" immediately. The Wikipedia article talks about using the trade exception along with a pick (which has no value) to get a player. In your examples we are using the trade exception as a virtual player, to match salaries.
EnySpree: Can we agree to agree not to mention Phil Jackson and triangle for the rest of our lives?
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fwk00
Posts: 22130 Alba Posts: 0 Joined: 5/20/2015 Member: #6048 |
5/21/2015 6:34 PM
WaltLongmire wrote:fwk00 wrote:callmened wrote:mreinman wrote:callmened wrote:can someone explain to me what a trade exception is? please excuse my ignorance My examples are just Captain Obvious kinds of exchanges. All of these players have no future where they are and may have no future in the NBA so to the teams who pay these guys, yes they're just costing money, tying up cap space, maybe costing luxury tax, and bottling up a roster spot. Likely, all have been trade bait for a while with no plausible deals offered. So to get rid of all that, yes, the Knicks could ask for a pick this year or a future pick. For the Knicks its buyer beware but like the Shved deal, one or two of these guys might shine here. The team getting the exception owns it and doesn't have to use it. They may want the money to evaporate. I THINK that trade exceptions cannot be mixed in player for player deals - I think only picks can be acquired and not added to the exception - not sure on this last bit. |
CrushAlot
Posts: 59764 Alba Posts: 0 Joined: 7/25/2003 Member: #452 USA |
5/21/2015 8:13 PM
fwk00 wrote:You might want to ask Martin and Andrew to add your blog. They ask for suggestions here:After the lottery proceedings the other day, Steve Mills mentioned making use of the existing Trade Exceptions the Knicks have been stock-piling. The pundits, haters, and psycho-babble that followed in the wake of the draft results drowned out Mills' assertion. http://www.ultimateknicks.com/forum/forum.asp?f=5 I'm tired,I'm tired, I'm so tired right now......Kristaps Porzingis 1/3/18
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nixluva
Posts: 56258 Alba Posts: 0 Joined: 10/5/2004 Member: #758 USA |
5/22/2015 4:38 PM
In general the Knicks have the ability to make deals that would help other teams cap situation and give them an asset in the form of a Trade Exception. The Knicks can get a pick in that sort of deal.
Trade exceptions are not traded from one team to another. Sometimes it appears like this is happening when one team uses a trade exception to acquire salary without sending salary away, and the other team gains a trade exception in the same process because they sent away salary without receiving salary in return. However, the trade exception the first team uses and the trade exception the second team gains are two distinct exceptions. They can also come from an unbalanced trade – While many think of trade exceptions as stemming from transactions where one player gets sent into another team’s cap or exception, they can also be created in trades with different salaried pieces going from one place to another. In those cases, the team trading away a higher salary than they receive secures a trade exception in the amount of the difference as long as they are not under the cap. (This is how the Knicks got a trade exception the size of Raymond Felton’s contract in their recent trade with the Mavericks.) Here is a more complicated example of a legal non-simultaneous trade: Team A is a taxpaying team with a $4 million trade exception from a previous trade, and a $10 million player it currently wants to trade. Team B has three players making $4 million, $5 million and $7 million, and the two teams want to complete a three-for-one trade with these players. This trade is legal -- the $5 million and $7 million players together make less than the 125% plus $100,000 allowed for the $10 million player ($12.6 million), and the $4 million player fits within the $4 million trade exception. So the $4 million player actually completes the previous, non-simultaneous trade, so Team A is left trading its $10 million player for Team B's $5 million and $7 million players in a separate, simultaneous trade. From Team B's perspective there is also a simultaneous and a non-simultaneous trade -- it aggregates its $4 million and $5 million players to acquire Team A's $10 million player in a simultaneous trade, and it sends the $7 million player to Team A for "nothing" in a separate, non-simultaneous trade, thereby receiving a $7 million trade exception. It's a complicated process, but each team has a different view on how it executes the trade but the numbers match up properly from each teams perspective.
Exceptions * http://www.basketballinsiders.com/new-york-knicks-team-salary/ |