To hang onto a traded player exception, a team is required to keep its salary commitments above the $58.044MM cap line. The moment a club uses room under the cap to sign a player, any trade exceptions it previously owned are lost, along with the the team's full mid-level and bi-annual exceptions for that season.
As free agents signed new deals this month, a number of clubs that owned traded player exceptions fell below the cap, renouncing those exceptions. Most notably, the Mavericks lost four trade exceptions, including the $8.9MM TPE they obtained when they sent Lamar Odom to the Clippers last month.
Here's a complete list of the traded player exceptions that were lost without expiring or being used this month. The traded player that initially created the exception appears in parentheses:
- 76ers: $1,536,505 (Marreese Speights)
- Cavaliers: $1,097,520 (Christian Eyenga)
- Hornets: $2,329,805 (Chris Paul)
- Mavericks: $8,900,000 (Lamar Odom), $4,207,837 (Tyson Chandler), $3,059,000 (Corey Brewer), $2,180,443 (Rudy Fernandez)
- Raptors: $7,600,000 (Leandro Barbosa)
- Rockets: $2,500,000 (Samuel Dalembert), $854,389 (Chase Budinger)
Sham Sports was used in the creation of this post.