I consider myself a semi-guru about the NBA CBA and how it relates to the cap and its rules. However, can someone please explain to me how we received an 11 mill trade exception from the Chris Paul trade? Usually, it's obtained if we were over the cap and sent a player making let's say 24 mill in return for a player making 13 mill, thus creating an 11 million exception. This isn't the case though as CP3 makes more than all the salaries we sent to LAC. Someone please help!
We didn't receive a trade exception. All of those little trades Morey made for guys like Ryan Kelly and Tim Quarterman, etc. can be combined to be traded for a player that makes up to ~$11 million. Since they all have non-guaranteed contracts, the other team can just release them and lose no money whatsoever. So it ends up being like a trade exception.
I dont even trust capologists lol. Cap wizard gms are always doing stuff that they said wouldnt be possible
Thanks. I had a feeling it'd be something of that sort with all the non-guaranteeds. I just thought we got an actual TE.
It's for $9.75m btw. That's the maximum trade value of NG contracts that we can combine together in a single trade to create cap space for the other team, when they cut the contracts. The $11m comes from a tweet estimating it based on vague, estimation comments by Morey in a post-Paul trade presser. I think that $11m twet must have gotten retweeted a lot. With Ulthoff, we do have $11.8m in trade value of contracts that can be cut by receiving teams for cap space, but can't combine him, yet....so he acts like a separate $2m "TPE" at the moment. Onuaku is a guaranteed contract, that you hear a lot about being packaged with the $9.75m "TPE", but he wouldn't add cap space to the receiving like a TPE.
@heypartner What about our not-TPE for Kenneth Faried? I mean how many PFs does Denver need? Having Faried and Anderson at PF ain't all that bad.
Isn't there a 120% rule, where our $9.75m can be traded and we take back more salary than we gave up? Is that what gets us to ~$12m, as Morey stated?
While your asking questions..... how was money able to trade for those NG contracts, but during regular season we would have to send out matching salary?
I too don't believe in this cap BS the NBA talks about. It's just very weird to me that GS can continue to sign its own players to competitive contracts along with the CAVS while other teams can't even stiff anothe rpayers name of its not within their cap figure Bc penatlties will automatically kill them.
Probably. Too many threads so now with the @ feature I just ask random questions in otherwise uneventful threads. BTW Bobby Marks on Lowe's podcast just said teams want two first round picks to take on Anderson.
It's 175% when adding up just the 4 NG guys.. And that's already baked into the $9.75m number. Taylor, Long, Kelly and Quarterman add up to something like $5.5m in actual salary, and $9.75m in trade value. Ulthoff gets you to near $12m, but can't be combined, yet. Morey never actually said he has $12m to use in a single trade, and he also alluded to packaging with a small guaranteed contract like Onuaku, regardless. The numbers are from Bima and many here worked out the same math.
We were under the cap before the Paul trade. He used cash considerations for the new guys, plus already had Isaiah Taylor's contract. And all the contracts are vet minimums, anyhow. The fact we were under the cap is what allows him to combine the players in trade right now, rather than having to wait 2 months to retrade the player in a package. After the Paul trade, we were over the cap, so although we again used cash to trade for Ulthoff's minimum salary, we must wait 2 months to package him with other players in a trade, although he can be traded immediately by himself. That's why he acts like a separate ~ $2.4m "TPE". Like how separate TPEs cannot be combined, Ulthoff currently can't be combine with our other pseudo "TPE" or any other contract.
Whether you believe in it or not, it does exist. The two things you are looking for to explain your concerns are Bird Rights and Soft Cap. Teams can spend alot of money over the cap and over the tax line as long as they don't mind paying the tax. Hit Larry Coon's CBA FAQ for more info, I'm not gonna sit here and spoonfeed you the details.
