Not sure what the cap on that is.....
this what you're talking about fish?
Traded Player Exception
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://espn.go.com/blog/new-york/knicks/...It is possible for the Knicks to end up under the salary cap and gain access to a larger exception to spend on a free agent this summer. But, to do so, they'd have to get Carmelo Anthony's cap hold off the books. So the idea that the free agent the Knicks could acquire with a bigger exception would help entice Carmelo to re-sign is incorrect. The larger exception could, however, help the Knicks in their rebuilding if Carmelo leaves.
nyk4ever wrote:this what you're talking about fish?Traded Player Exception
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.
basically yea... if we trade MElo to the Lakers straight up for pick 7 and they sign him a contract starting at $18mm or whatever dont we get a trade exception for that $18mm? ish?
All a trade exception means, though, is that you can take lots of back more salary. Our organization has never had a problem doing that anyway though.
Bonn1997 wrote:All a trade exception means, though, is that you can take lots of back more salary. Our organization has never had a problem doing that anyway though.
Still an asset that can be flipped to a team looking to shed on salary. May not be the best value for Melo, but asset > no asset.
fishmike wrote:nyk4ever wrote:this what you're talking about fish?Traded Player Exception
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.
basically yea... if we trade MElo to the Lakers straight up for pick 7 and they sign him a contract starting at $18mm or whatever dont we get a trade exception for that $18mm? ish?
yeah that's right. basically for the most part we can absorb a guy another team wants to get rid of. if he has a contract larger than our exception we'd have to send someone else to balance out the financials.
Bonn1997 wrote:All a trade exception means, though, is that you can take lots of back more salary. Our organization has never had a problem doing that anyway though.
when your over the cap thats huge. If we needed a center we could have gotten Asik for nothing. It can make us huge buyers at the deadline for one.
