The Nets have been granted a disabled player exception following the loss of Spencer Dinwiddie, sources tell Shams Charania of The Athletic (Twitter link). Dinwiddie underwent ACL reconstruction surgery after suffering a partially torn ACL early in the season.
A cap exception designed to give teams extra flexibility when a player suffers a season-ending injury, the disabled player exception can be used to sign a free agent, to claim a player off waivers, or to acquire a player in a trade. The Nets’ new DPE has a value of $5,727,024 – half of Dinwiddie’s $11,454,048 salary for 2020/21 – so any player signed or acquired with the exception can’t be earning more than that amount (plus $100K).
The exception can only be used on a single player and can only accommodate a player on a one-year deal. A free agent signee can’t get a multiyear contract, and any trade or waiver target must be in the final year of his contract.
[RELATED: 2020/21 NBA Disabled Player Exceptions]
While the DPE doesn’t create an extra roster spot for a team, that’s not an issue for the Nets, who currently have three openings on their 15-man roster. Norvel Pelle will reportedly fill one of the three, but that still leaves two available.
Since the Nets also still have the full taxpayer mid-level exception ($5.718MM) on hand, the DPE may end up being more useful on the trade market. Brooklyn will have until April 19 to use it.