Sending money in a trade

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BigWil17
Pro Prospect
Posts: 895
And1: 12
Joined: Sep 01, 2005
Location: Jersey City, NJ

Sending money in a trade 

Post#1 » by BigWil17 » Tue Jul 17, 2012 3:14 pm

From what i've seen, $3M seems to be the max money a team can send to another in a trade.

My question is 1:
Can a team make a trade for multiple players with a team, but set them up as separate trades so that they can send $3M multiple times to the other team? (I'm a Nets fan, and spending Prok's money doesn't seem to be a problem).

If the answer to that is no, (perhaps there's a limit of only sending a max of $3m to a team in a single year?), then is it legal to work a 3 team trade. In that trade the Nets send $3m to team B and another $3m to team C. In turn, team C sends $3M to team B.

Thanks.
DBoys
Sixth Man
Posts: 1,512
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Joined: Aug 22, 2010

Re: Sending money in a trade 

Post#2 » by DBoys » Tue Jul 17, 2012 4:51 pm

Rules have changed. A team can send out a TOTAL of $3M for the entire NBA year (July 1 - June 30).

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