Is this rule still valid?
Since an extend-and-trade has greater limits than a regular extension (three seasons and 5% raises vs. four seasons and 8% raises), the rules prevent teams from circumventing these limits by extending and trading the player in separate transactions. If a team extends a player beyond the limits of an extend-and-trade (for example, if they sign a player to a four-year extension), they can't trade the player for six months.
For example, TJ Warren signed a 4 year extension on Sept 26th. My understanding based on the above is that he cannot be traded this year, since he wouldn't be eligible for trade until March 26th which is after the trade deadline.
Thanks for following up on this BW.
it is this line from Larry's FAQ that is confusing...
"A rookie scale contract (see question number 47) can be extended and traded in an extend-and-trade transaction, although there is no benefit to doing so. A rookie scale extension can be signed immediately after the player is traded
(such as with James Harden's trade to the Rockets in 2012), and a rookie scale extension (see question number 58) can be much larger than the extension allowed through an extend-and-trade."
That line is a little nebulous. If that line is true, then the reason for not allowing it for vets is removes, thus allowing rookie-scale extensions to be traded.
Below is long, but bear with me.
Here's where it also gets trickier- from the NBAPA CBA:http://3c90sm37lsaecdwtr32v9qof-wpengine.netdna-ssl.com/wp-content/uploads/2016/02/2017-NBA-NBPA-Collective-Bargaining-Agreement.pdf
~Pages 216-230Section 8(f)(i)
In the event a player enters into an Extension pursuant to
above (other than a Designated Veteran Player
Extension governed by Section (f)(ii) below) that covers
four (4) or more Seasons and/or provides for Salary and
Unlikely Bonuses or annual increases in the player’s Salary
and Unlikely Bonuses in excess of the amounts permissible
in connection with Extensions entered in connection with
an agreement to trade the Contract pursuant to Section
8(e)(2) above, the player may not be traded before six (6)
months following the date on which such Extension was
signed. If a team acquires a player in a trade, then, for a
period of six (6) months following the date of the trade, the
team may not enter into an Extension with the player that
provides for four (4) or more Seasons and/or provides for
Salary and Unlikely Bonuses or annual increases in the
player’s Salary and/or Unlikely Bonuses in excess of the
amounts permissible in connection with Extensions
230 Article VII
entered in connection with an agreement to trade the
Contract pursuant to Section 8(e)(2) above.Section 7(a) is for Veteran Extensions only.Section 7(a)Veteran Extensions.
No Player Contract, other than a Rookie
Scale Contract, may be extended except in accordance with the following:
(1) Subject to the rules set forth in Section 7(a)(2) below: (i) a
Player Contract covering a term of three (3) or four (4) Seasons
(including any Option Year) may be extended no sooner than the
second anniversary of the signing (or, as applicable, the extension)
of the Contract; and (ii) a Player Contract covering a term of five
(5) or six (6) Seasons may be extended no sooner than the third
anniversary of the signing (or, as applicable, the extension) of the
Article VII 217
Contract......"Rookie Extensions are covered by 7(b) not 7(a)Section 7(b)Rookie Scale Extensions.
No Rookie Scale Contract may be
extended except in accordance with the following:
(1) A First Round Pick who enters into a Rookie Scale Contract
may enter into an Extension of such Rookie Scale Contract during
the period from 12:01 p.m. eastern time on the last day of the
Moratorium Period through 6:00 p.m. eastern time on the day
prior to the first day of the Regular Season of the second Option
Year provided for in such Contract (assuming the Team exercises
(2) An Extension of a Rookie Scale Contract may provide for
Salary and Unlikely Bonuses in the first Salary Cap Year covered by
the extended term totaling no more than the maximum amount
provided for in Article II, Section 7. Annual increases and
decreases in Salary and Unlikely Bonuses shall be governed by
Section 5(c)(3) above.
(3) Notwithstanding anything to the contrary in this Agreement, a
player who will not be a Qualifying Veteran Free Agent at the
conclusion of his Rookie Scale Contract will not be eligible to enter
into an Extensio.....and then this in reference to Poison Pill, you will notice a specific, different reference to 7(b) which is absent in the 6 month restriction clause:Section 8(g)
In the event a Rookie Scale Contract is extended pursuant toSection 7(b)
above and a Team proposes to trade such Contract to another
Team prior to the July 1 immediately following such extension, then, only
for purposes of determining whether the acquiring Team has Room for
the Contract, the Salary for the last Season of the original term of the
Contract shall be deemed to equal the average of the aggregate Salaries for
such Season and each Season of the extended term...
I have not found any clause governing or referencing 7(b) with regards to trade restrictions after an extension. Either we are wrong about Rookie-scale extensions not being able to be traded before 6 months or this contract is not well written/implemented. It has to be one of the two.
* Pardon the formatting