JonFromVA wrote:toooskies wrote:KuruptedCav wrote:Fun to see the Cavs netted an $11 million trade exception from the Okoro/Ball deal. I don’t expect them to utilize it, but, gives the imagination something to play with.
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How did that actually happen BTW? Did we have an old trade exception that Ball fit into, or is there an obscure league rule at play here? Are we sure it's not a typo and it's a $1M trade exception?
Regardless of how we got it, it's practically useless unless we do something like trade a player for expirings (without generating a TE in that deal) to get out of the 2nd apron NEXT year, then get back up to the 2nd apron limit at the very start of next league year with the TE.
Apparently it was generated because Lonzo's salary was being paid by insurance, so the Bulls needed to absorb Okoro's salary using one of their trade exceptions which generated a new one for us.
Thanks to the fine print which apparently says a second apron team cannot use a trade exception generated in the previous year, we might actually be able to use this one or even just a part of it - if we're willing to dive deeper in to luxury tax. We sort of preserved the Ty Jerome salary slot by pulling this off, but with a lot more optionality on how we proceed.
What we can't do is use the TPE to pay a bought out player, so, for instance if LeBron is bought out before the season starts, we could actually sign him, but just for the minimum.
That doesn't make sense to me though, how does a player due to make $10m count as nothing in a trade? Even non-guaranteed salaries count and become guaranteed in trades.
I feel like every player would get Ball-style protections to circumvent the cap if this kind of thing is allowed.