Nuggets’ Carmelo Trade Exception Expires

The record-setting traded player exception the Nuggets acquired when they traded Carmelo Anthony to the Knicks last February 22nd has expired. The exception was initially worth $17,149,244, the most in NBA history, though Denver has made use of it multiple times over the last year. By the time it expired, its value had been reduced to $4,640,536.

The Nuggets acquired three players whose salaries were absorbed within the Carmelo exception. They traded for Andre Miller ($7.27MM) in a deal with Portland in June, then acquired Corey Brewer ($3.06MM) and Rudy Fernandez ($2.18MM) from the Mavericks in December.

Along with the exception for Anthony, trade exceptions created in the same deal by the departures of Renaldo Balkman ($1.675MM) and Shelden Williams ($854,389) have also expired. For Hoops Rumors' up-to-date list of available traded player exceptions, click here.

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