Sign and Trades under the new CBA

[hankscorpioLA]

I am seeing people make this error all over the place - and I am talking about people outside this forum including sportcasters and sports radio hosts.


Under the old CBA, a sign and trade was treated as though the player signed with his current team and was then traded. This allowed the player to BOTH get the hometown max (longer contract w. bigger raises) and play elsewhere.

Under the new CBA, a sign and trade is treated as though the player is signing with the new team. In a sign and trade, the contract can only be 4 years with 4.5% raises.

So the scenario that played out in Miami cannot be played out anymore.

If a player (like CP3 or Howard) wants to get the most money they can, they can ONLY do so by staying with the Clippers or Lakers.




Well...now that its stickied...lets make it authoritative...

http://www.cbafaq.com/salarycap.htm#Q89

89. Can a free agent be signed and immediately traded?

There is a rule that allows teams to re-sign their own free agents for trading purposes, called the sign-and-trade rule. Under this rule the player is re-signed and immediately traded to another team. This is done by adding a clause to the contract stipulating that the contract is null and void if the trade to the specific team is not completed within 48 hours. To qualify for a sign-and-trade, all of the following must be true:

The player must re-sign with his prior team -- a team cannot include another team's free agent in a sign-and-trade.
The player must finish the preceding season with that team (deals are no longer allowed that sign-and-trade players who are out of the league, such as the sign-and-trade that sent Keith Van Horn from Dallas to New Jersey as part of the Jason Kidd trade in 2008).
The player cannot be a restricted free agent who has signed an offer sheet with another team (see question number 43).
Starting in 2013-14, the team receiving the player cannot be above the "apron" ($4 million above the tax level) after the trade1, 2.
Starting in 2013-14, the team cannot receive a player in a sign-and-trade if they have used the Taxpayer Mid-Level exception (see question number 25) that season.1
The trade must be completed prior to the first game of the regular season (sign-and-trades are not allowed once the season begins).
The player cannot be signed using the Non-Taxpayer Mid-Level exception, the Taxpayer Mid-Level exception, or any exception that cannot be used to offer a three-year contract (see question number 25).
A sign-and-trade deal can be made with a free agent who has been renounced, as long as all the above criteria are met. Sign-and-trade contracts must be for at least three seasons (not including any option year) and no longer than four seasons. The first year of the contract must be fully guaranteed, but the remaining seasons can be non-guaranteed. The combination of a three-year minimum with a one-year guarantee ensures that the player's new team cannot acquire the player's Bird rights any sooner than if they had signed him directly (if they wanted to re-sign him in less than three years they would first have to waive him, and lose any Bird rights -- see question number 32).

The starting salary in a contract signed for a sign-and-trade may be any amount up to the player's maximum, however if the player meets the 5th Year 30% Max criteria (see question number 17) he cannot receive a salary greater than 25% of the cap. Raises are limited to 4.5%. The player may be considered to have a lower outgoing salary for trade purposes, which can complicate the trade (see question number 87).

If a sign-and-trade contract contains a signing bonus, then either team can pay it. By default the team that signs the player pays the signing bonus (as with any other contract), but since a sign-and-trade is in essence a contract with the receiving team, the teams can agree that the receiving team will pay it. Any portion that is paid by the signing team counts toward the team's annual limit for cash included in a trade (see question number 95), which in effect limits the portion of the signing bonus that can be paid by the signing team.

If a sign-and-trade contract contains a trade bonus, then the bonus is not earned upon the trade that accompanies the signing, but rather on the first subsequent trade. See question number 93 for more information on how long a team must wait before they can trade a player.

[Morris_Shatford]

I am going to sticky this for the next little while.

[DreamTeam09]

So what incentive/benefit would there be to do a SnT in this new cba anyway?

[hankscorpioLA]

So what incentive/benefit would there be to do a SnT in this new cba anyway?

It allows a player to go to a team that couldn't acquire him before because they lacked the cap space.

I am pretty sure that is it.

[tecumseh18]

So what incentive/benefit would there be to do a SnT in this new cba anyway?

It allows a player to go to a team that couldn't acquire him before because they lacked the cap space.

I am pretty sure that is it.

If a player was desperate to get out, he can always force the S&T and forgo the extra year and higher raises. But he would have to have no significant injury history to take a chance. Sometimes players take less years. Bosh, Lebron and Wade each took a year less on their second contract (Melo didn't), and all three took less than the max to sign (or re-sign) in Miami. But would a player ever take fewer years AND less money to sign somewhere else?

Actually, what was the maximum length of contract under the old CBA? Six years? Lebron's current contract is for five years, with a 4-year ETO. So he did take fewer dollars and fewer years on the S&T to South Beach. In any case, Lebron has had a remarkably good injury history, especially for someone who played 40 mpg from his rookie season on. I'm sure he feels invulnerable. But also, since he's in the running for GOAT, at some point he probably wants to be the highest paid player in the game.

But who knows if Lebron really cares about salary, when there are so many other ways to make money? Maybe ... he would care more about firmly establishing the game in Canada.

[Raps in 4]

I don't think we'll be seeing anymore Miami-style superteams, thankfully. They've already ruined the sport for the next few years but I hope that's the end of it.

[Chaos Engine]

I don't think we'll be seeing anymore Miami-style superteams, thankfully. They've already ruined the sport for the next few years but I hope that's the end of it.

Ruined the sport?

[notagenius]

Didn't want to start a new thread but i've got a question.

What happens when the original team matches a max contract offer?

Since other teams max contract isn't as big as the original teams max contract why wouldn't all teams let the player sign a max contract from a different team and then match thus somewhat saving some capspace.

Sorry if that was confusing lol..

[jonas_franchise]

Didn't want to start a new thread but i've got a question.

What happens when the original team matches a max contract offer?

Since other teams max contract isn't as big as the original teams max contract why wouldn't all teams let the player sign a max contract from a different team and then match thus somewhat saving some capspace.

Sorry if that was confusing lol..

Isn't that what happend with hibbert?

[hankscorpioLA]

Didn't want to start a new thread but i've got a question.

What happens when the original team matches a max contract offer?

Since other teams max contract isn't as big as the original teams max contract why wouldn't all teams let the player sign a max contract from a different team and then match thus somewhat saving some capspace.

Sorry if that was confusing lol..

Sure.

But if you are offering the player a max deal, then do you really want to be messing around like that?

And if its anything less than a max deal, then you are playing craps with what kind of offer the player might get.

[beanbag]

I don't think we'll be seeing anymore Miami-style superteams, thankfully. They've already ruined the sport for the next few years but I hope that's the end of it.

Ruined the sport?

It did for me. Why am I watching the playoffs when I know Miami is going to win?

[Saul Goodman]

I don't think we'll be seeing anymore Miami-style superteams, thankfully. They've already ruined the sport for the next few years but I hope that's the end of it.

Ruined the sport?

It did for me. Why am I watching the playoffs when I know Miami is going to win?

Nothing is for certain. It's not wrestling.

[beanbag]

Ruined the sport?

It did for me. Why am I watching the playoffs when I know Miami is going to win?

Nothing is for certain. It's not wrestling.

I don't understand this, I watched some ppl at a bar the other day watch the Heat game as though they weren't sure who was going to win. I understand it's the first round and beating the Bucks isn't the same as running through everyone, but come on. It's a stacked team that is clearly head and shoulders above everyone else. There is literally about a 1% chance of another team beating them in a best of 7 series. You surely see that.

[Chamilitary Man]

I don't think we'll be seeing anymore Miami-style superteams, thankfully. They've already ruined the sport for the next few years but I hope that's the end of it.

Ruined the sport?

Sports are meant to be competitive.

[TdotRap4Lyfe]

I don't think we'll be seeing anymore Miami-style superteams, thankfully. They've already ruined the sport for the next few years but I hope that's the end of it.

Alls fair in love and war. Super teams have existed long before Miami, and people will find creative ways to make it work in the future. It isn't as if these players are being paid max and signing together, they take less, so that they can bring in solid rotation guys and have a cohesive unit. If every team was able to do this, would there be a problem? Of course not, sometimes it just comes down to luck. Like Dwayne Wade dropping into Miami's hands in the '03 draft.

[hankscorpioLA]

I don't understand this, I watched some ppl at a bar the other day watch the Heat game as though they weren't sure who was going to win. I understand it's the first round and beating the Bucks isn't the same as running through everyone, but come on. It's a stacked team that is clearly head and shoulders above everyone else. There is literally about a 1% chance of another team beating them in a best of 7 series. You surely see that.

Last year the Boston Celtics took them to 7 games.

The Celtics were also up by 7 points at the half in game 7. The game was tied to start the 4th quarter.

So last year, the Heat were 12 minutes away from potentially not even making it to the NBA Finals.

[Raps in 4]

sometimes it just comes down to luck. Like Dwayne Wade dropping into Miami's hands in the '03 draft.

Like being located on South Beach.

[hankscorpioLA]

sometimes it just comes down to luck. Like Dwayne Wade dropping into Miami's hands in the '03 draft.

Like being located on South Beach.

Dwayne Wade fell to Miami because they are located in South Beach?

[BirdmanPresents]

I actually think it's fun theres one favored team to win, it puts them in the villain role. Unfortunately this isn't a movie where good always triumphs over evil though.

[theonlyeastcoastrapsfan]

Could we turn Bargs, and Derozan, into Josh Smith, via sign and trade?

Lowry/FA Watson?
Ross/Fields
Gay/AA
Josh Smith/Amir
JV/Aaron Gray