3ammy3uck3ts wrote:dean456 wrote:3ammy3uck3ts wrote:
Dame can’t be traded until July 9th because of the extension he signed
Is this applicable to Dame? Because what I'm reading states anyone signing a veteran extension contract after August 9, 2022 are legally and contractually unable to be traded at any point during the regular season.
Dame signed his 2yr extension on July 29th.
It’s a certain time period starting from the day the extension is signed, that number of days ends on July 9th based on the timing for Dame per Spotrac
I'm not sure this is correct.
I found this,
"That’s not necessarily the case for a player who signs a veteran contract extension. A player who signs a veteran extension that locks him up for more than three total years (including his current contract) and/or includes a raise higher than 5% become ineligible to be traded for the next six months"
And on Spotrack it says this.
"Players that signed a free agent contract after November 9, 2022 or a veteran extension contract after August 9, 2022 are legally and contractually unable to be traded at any point during the regular season. Free agent signings come with a 3-month trade restriction from the day of signing. Certain veteran extension signings, that are above the extend-and-trade rules, come with a 6-month trade restriction. Players that signed one of these contracts after those specific dates listed above would have their trade restriction lifted beyond the NBA Trade Deadline on February 9th."
So seems like the rule is, if you sign an extension before August 9th you are eligible to be traded in 6 months or by the trade deadline of that season but if you sign your extension after August 9th you are not eligible to be traded the whole season until the following offseason.