I don't think Atlanta and Denver have "touched" in this overall reported trade, which leads me to believe this is actually two separate trades: Trade 1 (HOU-ATL): Capela/Nene for Turner, 2020 BKN 1st, 2024 GSW 2nd Trade 2 (HOU-MIN-DEN): Houston flips Turner and the 2020 BKN 1st; everything else happens in this THREE-team trade This structure allows the Rockets to potentially take in up to another $12M in salary (based on Turner's outgoing salary), although I think it's safe to say Houston won't take in more than the $5.8M in room below the tax threshold. Even if they don't expand the trade, this structure should result in the Rockets getting a $7.3M TPE, which they can then use to take in up to $7.4M in salary without having to send anything out.
It's going to be 1 trade, but I was mistaken about the touch rule. You don't have to touch every team in a trade, but you have to touch at least 2 other teams. Denver and Atlanta don't touch, but don't need to for this trade since they both touch 2 other teams. That's interesting though. I'll check to see how it affects the other teams in the trade.
I’ve read that it’s generating three separate TPEs: 3.5 for Clint, 2.6 for Nene and another smaller one at 1.4. Would this be a valid scenario?
In the scenario @BimaThug broke down, you'd still create the $2.6M TPE for Nene and $1.4M TPE for Green, but increase the $3.5M TPE into a $7.3M TPE. Very clever. The risk is you trade Capela to the Hawks, then are allowed to give Covington his physical and he fails it. Then you're really screwed.