If a player is signed and traded for a trade exception and his new contract makes him a BYC player, how much is the trade exception that the signing team receives? For instance Scola, if we were to sign and trade him to the Nets for a 4 year $40 million contract that was front loaded at whatever the max first year value could be for a deal like that, what would the trade exception that we receive be?
If you sign and trade a player who becomes BYC to a team with cap space, you'd only get the BYC amount for a TE. So you'd get half the value of the starting salary in a TE. Not sure how front-loaded contracts figures into the calculations. I haven't really dug that deep into the CBA.
Pardon my ignorance, but I didn't think a player was considered a BYC player when doing a s&t. Anyone know definitely?
Here's the passage in the CBA FAQ about when BYC comes into effect: http://members.cox.net/lmcoon/salarycap.htm#Q76 And here's the bit about BYC for sign and trades: http://members.cox.net/lmcoon/salarycap.htm#Q79
See Larry Coon's example of a free agent being signed and his trade value. http://members.cox.net/lmcoon/salarycap.htm#Q76
You're all wrong. I'm almost certain. First, to answer the original question, a 4-year, $40 million contract works out like this: 1.0 + 1.105 + 1.21 + 1.315 = 4.63 (10.5% raises each year); this is the denominator, so $40 million / 4.63 = $8.64 million 1st year. 10.5% raise = $9.55 million, then $10.55, then $11.66 million in the last year. This adds up to $40.4 million (I did some rounding). The team traded away an $8.64 million player, so they get a TPE of $8.64 + $100K, or $8.74 million. It is explained in the TPE stuff, Question 72. The mistakes you guys made are due to terminology. The BYC has to do with making the trade work. When the CBA FAQ talks about trade value, they mean the number used in the calculations to see if the trade works. I.e., the player's trade value is less to the team trading him than it is to the team trading for him, and it is hard to get these two numbers to match within the Traded Player Exception. I use italics here, because here, TPE is not what most people think it means. It is not the value that the team gets to use later to trade for somebody. As it says in Question 71, which is where they talk about the TPE and the two different meanings, TPE is a separate issue that is calculated after it is determined that the trade even works. The TPE stuff is in question 72, which is called 'non-simultaneous trade.' Larry Coon never talks about this outside the CBA FAQ, probably so as not to confuse people. At the bottom of Question 71, he says, m_cable's 2nd post has to do with whether the player is BYC; nothing to do with the value of the TPE. I have probably cleared this up for nobody. Suffice it to say that 1) this thread has to do with two different issues, BYC and TPE, and 2) you really have to read questions 71 and 72 to get a handle on both meanings of TPE.
Sorry but you're incorrect. The CBA faq specifically cites an example where a BYC player only generated a Trade Exception for the BYC amount (and it just so happened to be our very own T-mac for Francis deal): http://members.cox.net/lmcoon/salarycap.htm#Q72
m_cable is correct. Here is the exact verbage from the current NBA CBA. In the CBA a Trade exception is really just the completion of a "non-simultaneous" trade. (ii) If a Team’s trade of a player and acquisition of one (1) or more Replacement Players do not occur simultaneously, then the post-assignment Salary or aggregate Salaries of the Replacement Player(s) for the Salary Cap Year in which the Replacement Player(s) are acquired may not exceed 100% of the pre-trade Salary (or Base Year Compensation, if applicable) of the Traded Player at the time the Traded Player’s Contract was traded, plus $100,000.
Well, as long as you're sorry. OK, you two win. On aelliott's post, there are some terms mentioned (post-assignment Salary, Replacement Player(s)) that I assume mean what I am guessing they mean. I am sure as hell not going to read the actual CBA (BTW, you should include the paragraphs, sub-paragraphs, etc.) just to continue an argument. You, sir, or either a lawyer or a masochist. Also, does "pre-trade Salary" mean before he was signed to a new contract for the S&T? I am assuming so. m_cable: Just out of curiosity, is that the only place in the CBA FAQ that you found that?
Yeah, I think so. The only reason I know the rule is because it was highlighted during the Tmac/Francis deal. The NBA CBA is a complicated beast but I like picking up tidbits when I can.
