After looking at Spur's Luxury tax situation, I change my view on that. Trading Beno can make a lot of sense money wise.
Spurs are $1.06M over the Luxury tax threshold and Beno's salary is $1.75M. If Spurs trade Beno for a trade exception, they will save :
- $1.75M in salary.
- $1.06M in dollar for dollar tax.
- Between $1.5M and $2M in Luxury tax redistribution.
It makes between $4.3M and $4.8M.
Take a team like Seattle that has a little trade exception and is nowhere near the tax threshold. Spurs can offer to them Beno + cash to pay Beno's salary + cash as incentive (something like $500K or $1M) for the TE.
I don't see Seattle turning down a trade that will give them $500K or $1M and a free look at Beno without a significant drawback.
After the trade Spurs will be $690K under the tax. They won't be able to sign a min player as 3rd string PG and stay under the tax because a min player cost $771K. However, if Spurs wait 3 weeks, the cost of the min player will be prorated and won't put Spurs over the threshold.
If I were Spurs GM I would do that. At the end, Spurs will save between $800K and $1.8M by doing this move.