The Beno Trade Exception, Again

[Obstructed_View]

It is my understanding you can in fact trade a trade exception. It has no cash value according to the CBA, just like a draft pick or a players rights. What a trade exception allows you to do is to recieve a contract without sending back an equivalent value in contracts (within 25% +/- $100,000), assuming you are over the Cap (note Cap << luxury tax limit). Therefore you could send the TE to Denver for nothing, and they then choose not to match an offer to JR Smith. This would leave Denver with a 1.8 million TE to use as they chose (and it might even reset the expiry date on the TE) while picking up players. When they say you can't combine a TE and a player, what they mean is that you can't take that 1.8 million TE and Bonner (3 million per year), and package them to take back a player with a contract worth 4.8 million....

I'd originally been thinking that you have them match the offer and trade the player for the TE, but it's basically the same outcome. However, they've already made a qualifying offer; I doubt they can rescind it.

[fyatuk]

It is my understanding you can in fact trade a trade exception. It has no cash value according to the CBA, just like a draft pick or a players rights. What a trade exception allows you to do is to recieve a contract without sending back an equivalent value in contracts (within 25% +/- $100,000), assuming you are over the Cap (note Cap << luxury tax limit). Therefore you could send the TE to Denver for nothing, and they then choose not to match an offer to JR Smith.

Well, if you want to get technical, a trade exception is the %+100k difference allowed in salary matching.

What the Spurs technically did is a non-simultaneous trade. Basically they have a trade where they've completed the outgoing part, but not the incoming. They can complete the incoming part anytime within a year with any player (who's salary fit as part of the trade) who is under contract with another team.

What you're suggesting is basically retroactively trading Beno to Denver so Denver could trade him to Minnesota. That doesn't work.

[DPG21920]

Josh Boone would help out so much, he is the guy on the list that would be sick to get, I doubt they will let him go.