That's huge. We'll need to use it to round out the depth. Any good players on the trade market around at that salary range?
Wow, that's pretty big... Just a question, can we get a player into this tpe let's say today, and package that in another trade?
83. What is the Traded Player exception? As described in question number 82, exceptions are the mechanisms that allow teams to sign players or make trades that leave them above the salary cap. Any trade which leaves the team over the salary cap requires an exception -- even if the team is moving downward in salary. For example, if the salary cap is $60 million, a team has a team salary of $65 million, and they want to trade a $5 million player for a $4 million player, they still have to use an exception. Even though their team salary is decreasing by $1 million as a result of the trade, the fact that they would finish over the salary cap ($64 million) means that an exception is required. The Traded Player exception is the primary means by which teams over the cap complete trades. It allows teams to make trades that leave them over the cap, but it places several restrictions on those trades. Trades using the Traded Player exception fall into two categories: simultaneous and non-simultaneous. As its name suggests, a simultaneous trade takes place all at once. Teams can trade players together and acquire considerably more salary than they trade away in a simultaneous trade. Simultaneous trades are described in question number 84. A non-simultaneous trade may take up to a year to complete, but the team can only trade away one player, and its team salary can increase by no more than $100,000 as a result of the trade. Non-simultaneous trades are described in question number 85. In short: A simultaneous trade gives the team more money but less time A non-simultaneous trade gives the team more time but less money It is important to view a trade from each team's perspective separately, rather than as a single, unified transaction. This is because the same trade may be organized differently according to each team's needs. For example, a trade might be classified as a simultaneous trade from one team's perspective, but from the other team's perspective it's actually broken into two separate trades, one simultaneous and the other non-simultaneous (completing a trade they made months earlier). There are several restrictions on trades (either simultaneous or non-simultaneous) which are described in other questions in this FAQ. These include the following: The Ted Stepien rule (question number 87) Trading draft picks (question number 87) Combining exceptions (question number 88) Base Year Compensation (question number 89) The Poison Pill provision (question number 90) Sign-and-trade (question numbers 91, 92, 93 and 102) Extend-and-trade (question number 94) No-trade conditions and provisions (question numbers 95 and 100) Including cash in trades (question number 97) Trade bonuses (question numbers 98 and 99) The trade deadline (question number 103) In addition, performance incentives can complicate trades, and trades can affect performance incentives (see question number 74). Also be aware that while the term "Traded Player exception" refers to the entire exception which allows teams to make trades above the salary cap (including both simultaneous and non-simultaneous trades), it is also commonly used to refer to the one-year monetary credit teams receive while a non-simultaneous trade is pending completion. Be aware of this potential ambiguity. In this document "Traded Player exception" is used to refer to the exception, and "trade exception" is used to refer to the one-year credit.
We traded for salary incoming salary, I don't understand how that creates a TPE. I thought when you send out excess salary that you can create a TPE. Guess this shows how little I know about TPE's, would love to learn more. This would be very sweet if true.
If the Rockets indeed have generated that TPE of $11 million dollars, then this is HUGEEEEEEEEEE NEWS for the Rockets going forward with rounding out this roster. I do not know how this has happened, and it seems as tho @BimaThug also does not know..... Only question now is when that TPE will expire?!
we have an 8.4m MLE, 3.2m bi annual, and 11m trade exception? WTF??? what level is higher than god-mode? morey is on his way to ascending past that.
