Knicks · Mills talked about using the trade exceptions (page 1)

EwingsGlass @ 5/20/2015 8:48 AM
Mills talked about using the trade exceptions prior to the draft. Any ideas how that could work out for us?
crzymdups @ 5/20/2015 8:57 AM
You can't combine the exception with any other asset, so I'm not sure how much value it has. I suppose we could trade it to a team for a second round pick?
anrst @ 5/20/2015 9:49 AM
does Mills even know what a trade exception is?
VCoug @ 5/20/2015 9:51 AM
Not sure who we could get but if we use our exception that means we're adding salary next season. Won't be able to use it on an expiring player.
smackeddog @ 5/20/2015 10:59 AM
Mills was having a discreet nervous breakdown- everything was probably a blur for him, so I wouldn't take anything he said seriously
Knicks1969 @ 5/20/2015 11:02 AM
That dude should have been fired to begin with. Another dumb decision by Phil and the owner. DUMB DUMB DUMB. Dumb contract to a dumb dude like Fisher who has never coached at any level before and never really was elite at his position. Dumb dumb dumb
BRIGGS @ 5/20/2015 11:04 AM
crzymdups wrote:You can't combine the exception with any other asset, so I'm not sure how much value it has. I suppose we could trade it to a team for a second round pick?

Can you do that?

anrst @ 5/20/2015 12:30 PM
One of the worst things about last night was Mills. He reacted like an idiot. Probably b/c he is one.
nixluva @ 5/20/2015 12:55 PM
BRIGGS wrote:
crzymdups wrote:You can't combine the exception with any other asset, so I'm not sure how much value it has. I suppose we could trade it to a team for a second round pick?

Can you do that?


Basically a Draft Pick has no value. The Knicks could ask for a draft pick in exchange for taking on another teams player and his cap hit. The Draft pick is just a nice parting gift. The other team benefits from getting rid of the cap hit without having to take back a player. That's how I understand it could work. When we traded for Shved we used part of a Trade Exception to balance out the contracts of Pablo and Shved. The draft picks had no cash value in the trade.

Knicks team president Phil Jackson made his predictable cap-saving move at Thursday’s trade deadline in shipping 37-year-old veteran point guard Pablo Prigioni and a $2.5 million trade exception to the Rockets in exchange for second-round picks in 2017 and 2019 and the 26-year-old Russian shooting guard.
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