TPE
Old 11-30-2011, 10:46 PM   #1 (permalink)
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According to ESPNís Brian Windhorst, it is expected that the NBA will grant an extension on existing traded player exceptions that had a week or so remaining when the lockout started.

That means Cleveland should have a $14.5 million U.S. chip to play with from the LeBron James sign-and-trade and the Raptors still have about $9 million left on their own Chris Bosh trade exception.

Bryan Colangelo has only ever given indications that the team wonít be using the rest of the TPE, but if they do, here are some players teams might be looking to dump in order to improve their cap situations.

Sure they can amnesty players, but this lets them get rid of them without paying the rest of the contract.

The Raptors have five roster spots to fill and only $7 million in cap space (plus an extra $2.9 million when the season starts and Jonas Valanciunas remains in Lithuania) so spending the entire exception is extremely unlikely. But they could grab a player making, say $3.5 million with part of it and still have $3.5 million of the mid-level exception (which is $5 million total to spend).
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Old 11-30-2011, 11:00 PM   #2 (permalink)
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Whoever wrote that blurb about the 3.5 million has no idea how trade exceptions work. If the Raps want to, they can absorb the full 9 million in contracts, regardless of what cap space they might have. Then use the full MLE. Then add pieces with minimum contracts.
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Old 11-30-2011, 11:17 PM   #3 (permalink)
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so can this be used on someone who is amnestied? i dont really get how this works
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Old 11-30-2011, 11:36 PM   #4 (permalink)
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so can this be used on someone who is amnestied? i dont really get how this works
No, you need cap space or a cap exception to sign a player. A traded player exception allows a team to absorb a contract in a trade without sending back salary.
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Old 12-01-2011, 12:29 AM   #5 (permalink)
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No, you need cap space or a cap exception to sign a player. A traded player exception allows a team to absorb a contract in a trade without sending back salary.
oh alright, thanks for the clarification. So this would be us sending with a 4 mill contract for someone like a 1o mill contract? and it doesnt count against the cap for the year?
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Old 12-01-2011, 10:35 AM   #6 (permalink)
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I forgot we even had this
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Old 12-01-2011, 10:59 AM   #7 (permalink)
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Originally Posted by box1992 View Post
oh alright, thanks for the clarification. So this would be us sending with a 4 mill contract for someone like a 1o mill contract? and it doesnt count against the cap for the year?
Nope - there are two types of traded player exception. The traded player exception allows a team to go over or further over the cap in a trade (i.e. absorb more salary than they send out). There are two types - the instantaneous TPE, which is the 125% + $100,000 margin for trading groups of players (adjusted to 150% in this CBA) - and the non-instantaneous TPE, which is what is commonly known as the TPE.

This non-instantaneous TPE allows a team to make a trade like the Chris Bosh trade, where the team sends out a SINGLE player to a team with cap space, and takes much less or no salary back, and then "complete" the trade at a later date by absorbing a player without sending out salary (up to 100%+$100,000). Since it needs to be a single player, and the trade using the TPE is considered a part of the original trade, you cannot use a non-instantaneous TPE and send out a player as well.

Consider the Bosh trade:
1) Bosh (14.5 million) to Miami for picks. 14.6 million N-I TPE generated.
2) Bayless absorbed with 2.293M of TPE - reduces TPE to 12.207M
3) Ajinca absorbed with 1.468M of TPE - reduces TPE to 10.739M
4) James Johnson absorbed with 1.713M of TPE - reduces TPE to 9.026M

So so far the Bosh trade is:

Bosh for Bayless + Ajinca + Johnson

Notice that there is only 1 outgoing player. To keep that true, and allow us to use the TPE, we cannot send out a player in a trade involving our TPE. So we can absorb a 9M player (or players), but no more than that.

See this post for more details.
Raptors Cap / Tax Status for 2010-2011 (Updated on Page 8)
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Old 12-01-2011, 08:21 PM   #8 (permalink)
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So we are technically over the cap and must renounce our free agents and this TPE to sign any players...
that'd be dorsey evans ajinca and wright
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