Largest Trade Exceptions Available This Season
As the NBA’s 2022/23 trade deadline approaches, it’s worth keeping in mind which teams hold traded player exceptions that could come in handy to grease the wheels on an in-season deal.
As we explain in our glossary, a traded player exception allows a team to take on salary in a trade without sending out any salary in return. The amount of the exception plus $100K is the amount of salary the team is permitted to take back without salary-matching – either in a single deal or in multiple trades – for one year.
For instance, a team with a $10MM trade exception could acquire a player earning $4MM and a player earning $6.1MM without having to worry about sending out any outgoing salary.
In recent years, sizable traded player exceptions have been major wild cards that helped accommodate both pre-deadline and offseason deals. For example, after creating a $28.6MM trade exception in a sign-and-trade sending Gordon Hayward to Charlotte in 2020, the Celtics used that TPE to acquire Evan Fournier at the following deadline and then to acquire Josh Richardson during the 2021 offseason.
However, as our tracker shows, there are currently no trade exceptions worth anywhere near $28MM. In fact, the largest current TPE barely eclipses the $10MM mark.
Here are the all of the current trade exceptions worth more than $4MM, along with their expiry dates in parentheses:
- Oklahoma City Thunder: $10,183,800 (10/2/23)
- Utah Jazz: $9,774,884 (2/9/23)
- Los Angeles Clippers: $9,720,900 (2/10/23)
- Utah Jazz: $9,614,379 (7/6/23)
- Denver Nuggets: $9,125,000 (7/6/23)
- Boston Celtics: $6,907,815 (1/19/23)
- Utah Jazz: $6,745,122 (9/22/23)
- Portland Trail Blazers: $6,519,792 (2/6/23)
- Boston Celtics: $5,890,000 (2/10/23)
- Toronto Raptors: $5,250,000 (2/10/23)
- Washington Wizards: $5,220,900 (2/10/23)
- Atlanta Hawks: $4,564,980 (9/27/23)
- Minnesota Timberwolves: $4,374,000 (7/6/23)
- Oklahoma City Thunder: $4,220,057 (10/2/23)
- Sacramento Kings: $4,023,600 (2/8/23)
These trade exceptions aren’t useless. For instance, if Detroit made point guard Cory Joseph available, any of the top 11 TPEs on this list could be used to absorb Joseph’s $5,155,500 salary. The non-Utah TPEs in the top eight could be used to acquire Rudy Gay and his $6,184,500 cap hit from the Jazz. All 15 of them are big enough to take on the $3.5MM salary of Thunder big man Mike Muscala.
But these exceptions will ultimately be of no consequence when considering trade candidates who earn salaries well into the eight figures, since TPEs can’t be combined with other players or exceptions. There’s no scenario in which any of these trade exceptions could be used to take on the $18MM salary of Pacers center Myles Turner, for example.
That’s not the only factor working against the odds of most of these exceptions being used. All of the top 10 largest TPEs are controlled by teams that are rebuilding (the Thunder and Jazz), teams in the tax (the Clippers, Nuggets, and Celtics), or teams that are just below the tax line and likely want to stay that way (the Trail Blazers and Raptors). In other words, they don’t fit the profile of clubs that are looking to take on additional salary without sending any out.
That doesn’t mean that none of these trade exceptions will be used — after all, it sometimes makes sense to take advantage of them even in a deal that a team could complete using salary matching (for instance, a team with a $10MM trade exception that swaps one $8MM player for another could use the exception to take on the incoming player and create a new $8MM exception using the outgoing player). However, it does mean that it’s unlikely any TPEs will be game-changers on this season’s trade market.
Players Eligible For In-Season Veteran Extensions In 2022/23
As we explain in our glossary entry on veteran contract extensions, rookie scale extensions have historically been the most common form of contract extension in the NBA. However, the league’s latest Collective Bargaining Agreement loosened the rules on eligibility for veteran extensions and made them more financially advantageous, especially for players who don’t expect mega-deals.
As a result, we’ve seen a substantial bump in veteran contract extensions in recent seasons. During the 2021/22 league year, 21 players signed them, and there’s a chance that number will be eclipsed in ’22/23.
[RELATED: 2022/23 NBA Contract Extension Tracker]
Certain extension-eligible players, including perhaps Fred VanVleet, may prefer to wait until free agency to sign a new contract, since the biggest raise VanVleet can receive on an extension would be far less than the maximum contract he’d be eligible to earn on the open market.
The maximum starting salary a player like VanVleet can receive in a veteran extension is up to 120% of his current salary. A player on a more modest contract can receive a maximum starting salary worth up to 120% of the NBA’s estimated average salary.
For this season, 120% of the estimated average salary would work out to a $12,950,400 salary in the first year of a contract extension. A player who signs an extension that fits that bill could get up to four years and $58,017,792. Jakob Poeltl and Naz Reid are among the players eligible for that sort of deal.
Now that the regular season is underway, the number of veterans eligible for contract extensions has shrunk, since players with more than one year left on their contracts aren’t permitted to sign an in-season extension. But there are still a number of veterans in the final year of their respective contracts who remain eligible for extensions right up until the last day of the current league year.
Listed below are the players who meet the criteria for a veteran extension. Players who were recently traded can be extended, but they have to wait for six months after the trade to sign a contract longer than three total years (including the current season) with a raise exceeding 5%. If a player below is noted as having “limited” eligibility until a certain date, that’s why.
Once a player regains his full extension eligibility, he becomes eligible to sign an extension of up to five total years (including the current season) with a 20% first-year raise (or 20% of the estimated average salary).
Additionally, extension-eligible players with a player or team option for 2023/24 would have to eliminate that option year as part of an extension agreement in order to meet the necessary criteria.
Here’s the full list of veterans currently eligible for contract extensions:
Atlanta Hawks
- None
Boston Celtics
- None
Brooklyn Nets
Charlotte Hornets
- None
Chicago Bulls
Cleveland Cavaliers
- Caris LeVert
- Cedi Osman
- Lamar Stevens
- 2023/24 team option must be declined.
Dallas Mavericks
- Kyrie Irving
- Limited eligibility.
- Dwight Powell
- Christian Wood
Denver Nuggets
- None
Detroit Pistons
- None
Golden State Warriors
- Draymond Green
- 2023/24 player option must be declined.
Houston Rockets
- Kenyon Martin Jr.
- 2023/24 team option must be declined.
Indiana Pacers
Los Angeles Clippers
- Mason Plumlee
- Limited eligibility.
Los Angeles Lakers
- Malik Beasley
- Limited eligibility; 2023/24 team option must be declined.
- D’Angelo Russell
- Limited eligibility.
Memphis Grizzlies
- Dillon Brooks
- Xavier Tillman
- 2023/24 team option must be declined.
Miami Heat
- None
Milwaukee Bucks
- Jae Crowder
- Limited eligibility.
- Brook Lopez
- Khris Middleton
- 2023/24 player option must be declined.
Minnesota Timberwolves
New Orleans Pelicans
- Naji Marshall
- 2023/24 team option must be declined.
New York Knicks
- None
Oklahoma City Thunder
- Dario Saric
- Limited eligibility.
Orlando Magic
- None
Philadelphia 76ers
- Jalen McDaniels
- Limited eligibility.
- Shake Milton
- Paul Reed
Phoenix Suns
- None
Portland Trail Blazers
Sacramento Kings
San Antonio Spurs
Toronto Raptors
- Jakob Poeltl
- Limited eligibility.
- Fred VanVleet
- 2023/24 player option must be declined.
Utah Jazz
- Jordan Clarkson
- 2023/24 player option must be declined.
Washington Wizards
- Kyle Kuzma
- 2023/24 player option must be declined.
- Kristaps Porzingis
- 2023/24 player option must be declined.
LaMelo Ball May Make Season Debut On Saturday
Hornets point guard LaMelo Ball, who has been sidelined for the entire regular season so far due to a left ankle sprain, is being upgraded to questionable for Saturday’s game in Miami, league sources tell Rod Boone of The Charlotte Observer (Twitter link). The Hornets have since confirmed Ball’s new designation (Twitter link).
While that doesn’t mean Ball is a lock to play tonight, Boone says there’s a possibility the point guard will be able to make his season debut vs. the Heat. If Ball is ultimately ruled out for Saturday’s game, his next opportunity to make his return would come on Monday in Orlando.
A first-time All-Star in 2021/22, Ball averaged 20.1 points, 7.6 assists, and 6.7 rebounds per game in 75 starts (32.3 MPG) for the Hornets, with a shooting line of .429/.389/.872. He sustained his ankle injury during a preseason game on October 10 and was diagnosed with a Grade 2 sprain the following day.
In Ball’s absence, Terry Rozier has taken on more ball-handling responsibilities and Dennis Smith Jr. has become a key part of Charlotte’s rotation. Smith, who came to training camp on a non-guaranteed deal, was expected to provide some depth behind Ball at the point, but has instead started 11 of 13 games and averaged nearly 30 minutes per night, putting up 10.2 PPG, 6.2 APG, and 3.6 RPG.
The Hornets have lost their last seven games and are now 3-10 on the season, so getting Ball back in the lineup will be crucial if they want to turn things around and vie for a playoff or play-in spot.
Northwest Notes: SGA, Wolves, Hardy, Blazers
A series of reports in recent months have suggested that Toronto and other teams around the NBA are monitoring Shai Gilgeous-Alexander‘s situation in Oklahoma City in case he becomes disgruntled and wants out. But after leading the Thunder to a blowout win over the Raptors on Friday night, the star point guard reaffirmed his commitment to the franchise, as Michael Grange of Sportsnet.ca writes.
“It’s exciting,” Gilgeous-Alexander said of the future in OKC. “And knowing the guys in the locker room personally, makes it more exciting: Guys’ mentalities, guys’ work ethic, it just makes it fun to be around and I’m very excited for the future.”
While the Thunder are still very much in the midst of their rebuilding process, they’ve been relatively competitive so far this season, with a 5-7 record and a -0.8 net rating. That respectable start is due in large part to Gilgeous-Alexander’s All-NBA caliber play — he’s averaging an eye-popping 30.5 points per game to go along with 5.5 APG, 4.4 RPG, and 2.0 SPG.
Here’s more from around the Northwest:
- The Timberwolves lack leadership and maturity, ESPN’s Tim MacMahon said on The Hoop Collective this week (YouTube link). According to MacMahon, while Minnesota is still trying to figure out “spacing and X’s and O’s,” one coach whose team recently played the Wolves said their biggest issues are “interpersonal.”
- Rookie head coach Will Hardy is happy to give his players and assistants credit for the Jazz‘s strong start to the season, but Hardy has earned his share of the credit for the impressive job he has done in Utah so far, writes Sarah Todd of The Deseret News. “I think he’s done a great job,” Jazz center Kelly Olynyk said. “He’s been really personable and good with the guys. He’s really kind of put us in situations to help us be successful. He’s given us structure and organization, but not to a point where you feel robotic or you feel like you’re constricted. He’s still letting everybody play free, be themselves and play to their strengths.”
- In a mailbag for The Athletic, Jason Quick discusses Josh Hart‘s future with the Trail Blazers, how Chauncey Billups‘ coaching style differs from Terry Stotts‘, and the positive impact Jerami Grant has had in the team’s locker room.
Begley’s Latest: Strus, Crowder, Hornets, Quickley, Grimes
The Heat have repeatedly been cited as a potential suitor for Suns forward Jae Crowder, and Ian Begley of SNY.tv confirms that Miami has touched base with Phoenix about a possible deal. Begley hears from sources that some people in the Suns’ organization view Max Strus as a player who would have to be part of any Heat package for Crowder.
Like Crowder, Strus is on an expiring contract and will be an unrestricted free agent next summer. However, as Begley notes, the Heat would likely to be averse to moving the young swingman, who is on a minimum-salary contract and has established himself as an important piece of Miami’s rotation, averaging a career-high 14.2 PPG on .447/.359/.786 shooting in his first 12 games (32.2 MPG) this season.
Here’s more from Begley:
- Gabe Plotkin and Daniel Sundheim, who own a minority stake in the Hornets, are open to selling a “sizable portion” of their share, Begley reports in the same story. Michael Jordan‘s stake in the Hornets would not be affected if the team’s minority shareholders were to sell most or all of their portion of the franchise.
- The Knicks have received some early-season inquiries about potential trades involving guard Immanuel Quickley, sources tell Begley. While New York would probably be reluctant to move Quickley, rival teams look at a crowded Knicks rotation and believe the club will consider trading at least one young player before this season’s deadline, Begley explains.
- Knicks wing Quentin Grimes, who has played just 32 total minutes in four games this season, continues to be viewed by head coach Tom Thibodeau as a “situational” player for the time being, according to Begley (Twitter links). “He’s missed a lot of time,” Thibodeau said. “So the conditioning part of that is part of that equation. As he gets opportunities, he’ll play more and more.”
Cody Martin Out Approximately Six Weeks Following Knee Procedure
4:13pm: The Hornets confirmed in a press release that Martin underwent arthroscopic surgery to repair a “cartilage issue.” He will be reevaluated in four weeks.
1:41pm: Hornets forward Cody Martin has undergone an arthroscopic procedure on his left knee and is expected to be sidelined for approximately the next six weeks, sources tell Shams Charania of The Athletic (Twitter link).
Martin had been on the shelf since the team’s regular season opener, having played just a single minute in that game. Although his injury was being referred to as left quad soreness, Martin missed all but one preseason game while recovering from left knee tendinopathy and head coach Steve Clifford mentioned that knee after the veteran went down in the opener.
It’s a disappointing turn of events for Martin, who enjoyed a mini-breakout season in 2021/22 as a key reserve in Charlotte, averaging 7.7 PPG, 4.0 RPG, and 2.5 APG on .482/.384/.701 shooting in 71 games (26.3 MPG). His contributions earned him a four-year, $31MM+ commitment from the Hornets when he became a restricted free agent this past summer.
The Hornets have been hit hard by the injury bug so far this fall. Starting point guard LaMelo Ball hasn’t seen the floor since the season began due to an ankle sprain, while Terry Rozier and Gordon Hayward have also missed time due to injuries.
Rozier is back in the lineup now and there’s hope that Ball and Hayward won’t be out much longer, but it appears the team will have to get by without Martin until sometime around Christmas. As long as he’s unavailable, the Hornets figure to lean heavily on starting forwards P.J. Washington and Kelly Oubre, with Jalen McDaniels also seeing significant minutes off the bench.
Pacific Notes: Kawhi, Crowder, Poole, Thompson, Warriors
Clippers star Kawhi Leonard, who has been out of action since October 23 due to right knee soreness, took part in a five-on-five workout on Friday for the first time since he has been sidelined, writes Ohm Youngmisuk of ESPN. Leonard won’t be available on Saturday when the Clippers host the Nets, but head coach Tyronn Lue said he is encouraged by the forward’s progress.
“The first time he was able to get on the floor and play five-on-five and he looked pretty good,” Lue said. “Still have a ways to go, but that was the first sign of positivity of him getting on the floor, playing five-on-five.”
As Youngmisuk relays, Lue said that Leonard will need a “few more (workout) opportunities” before the team is comfortable clearing him. The Clippers’ head coach also said he’s not sure whether the former NBA Finals MVP will continue to come off the bench when he returns, like he did in his first two games of the season.
Here’s more from around the Pacific:
- Since Cameron Johnson went down with his knee injury, the Suns have made an effort to reopen some old Jae Crowder trade talks, ESPN’s Brian Windhorst stated in the most recent episode of his Hoop Collective podcast (hat tip to RealGM). Like Jake Fischer of Yahoo Sports, Windhorst and his ESPN colleague Tim Bontemps have both heard that there’s no indication the Suns and Crowder will mend fences and have the veteran forward report to the team.
- Moving Jordan Poole into the starting lineup in place of Klay Thompson isn’t something the Warriors will consider to jump-start their struggling bench, head coach Steve Kerr said during an appearance on Damon & Ratto on 95.7 The Game (YouTube link). “No, that’s not something I’ve given any thought to,” Kerr said. “Jordan and Klay are very different players. Jordan’s more on the ball, Klay’s off the ball. … Klay is a starter. That five-man (starting) unit is the very best unit in the league.”
- While it’s a good thing that Warriors two-way players Anthony Lamb and Ty Jerome can be counted on to play regular roles, it’s not a great sign that they’ve already earned more trust from Kerr than the team’s young prospects, according to Dalton Johnson of NBC Sports Bay Area, who considers whether Golden State’s plan to develop three youngsters (James Wiseman, Moses Moody, and Jonathan Kuminga) while trying to contend is flawed.
Bulls Notes: Vucevic, Roster, Drummond, White
Bulls center Nikola Vucevic was fined $15K by the NBA for making an “obscene gesture” during the first quarter of the team’s Wednesday loss to New Orleans, the league announced today (via Twitter). After being whistled for a traveling violation, Vucevic briefly flipped a middle finger in the direction of the stands (video link).
“I figured I would (get fined). It was just in the moment,” Vucevic said on Friday, per Rob Schaefer of NBC Sports Chicago. “I got called for a travel. I heard somebody in the stands say something. It wasn’t really towards anybody. It was just frustration.
“Obviously not my proudest moment. I wish I hadn’t done it. But I knew as soon as I did it, there was a good chance somebody caught it. Obviously, I have to do better and make sure I don’t do that again. Just not a great moment. I apologize to the fans and everybody for it. I’ll learn from it.”
Here’s more on the Bulls:
- Vucevic is in a contract year and knows he’s unlikely to receive an extension this season, telling K.C. Johnson of NBC Sports Chicago that “the front office kind of wants to see how everything goes this season before they make decisions.” The uncertainty might’ve stressed Vucevic out a few years ago, but now that his career earnings are in the nine figures, he’s not worrying about his next contract. “Obviously, when you have an extension, you have security. But one good thing about not having one is you still have options to do what you feel like is best for you and your family,” he said. “I’m not in a position where it’s like a pressing thing for me, where my whole life depends on it. I don’t have to worry about when I get my next contract, how big it’s going to be. I’ve set myself up for a nice life, post-career. That’s why I have more peace of mind now than maybe I had the first time when I was heading into (unrestricted free agency).”
- According to Steve Bulpett of Heavy.com, some people around the NBA were surprised that the Bulls didn’t make any significant moves to try to upgrade their rotation in the offseason. Head coach Billy Donovan explained that injuries last season to Lonzo Ball and Patrick Williams, among others, meant the Bulls never got a good look at their full roster. “I really felt after sitting down and talking to the front office that the hard part was we never saw our team really whole together for a long period of time,” Donovan told Bulpett. “I think the feeling was, you know what, like, hopefully we can get healthy and we can see what this group looks like.”
- Andre Drummond‘s injured shoulder responded well after he returned to action on Wednesday and he should be good moving forward, tweets Schaefer. As for Coby White, he’s still dealing with swelling and a limited range of motion in his injured quad. White has made progress, but isn’t practicing yet, according to Donovan.
Danny Ainge “Pleasantly Surprised” By Jazz’s Hot Start
Jazz CEO Danny Ainge is “pleasantly surprised” by how his new-look team has performed so far this season, he tells Chris Mannix of SI.com. As Ainge explains, he knew there was talent on the roster, but didn’t necessarily expect all the pieces to click right away.
“Not that each individual couldn’t play well,” Ainge said. “I like a lot of the players on our team. But the fact that they’ve jelled so well so early is fun. There is a lot of movement and a lot of guys moving the ball. That’s a fun way to play. And I think they’re all enjoying it very much.”
Given that the Jazz traded away several veterans this offseason, including Rudy Gobert and Donovan Mitchell, there was a perception that they’d be content to lose a ton of games this season and be a major player in the Victor Wembanyama sweepstakes. Predictably, Ainge scoffed at the notion that he’d be bothered by Utah winning so many games this fall.
“I mean, come on,” Ainge said. “Who would say that? And who would I ever have told that to? Just think about that for a second. … It’s assumed that’s how I feel? Give me a break. I’ve been accused of (building teams to lose) before. It’s never been true.”
As Mannix writes, veteran players like Jordan Clarkson, Mike Conley, and Kelly Olynyk could find themselves on the trade block this season if Utah starts losing games and wants to try to continue stockpiling young players and draft assets. Ainge didn’t confirm or deny whether he’ll explore the market for any of those players, simply saying that the Jazz would be “opportunistic” and that the front office wants to “build a team for the now and for the future.”
While Ainge isn’t sure whether or not the hot start is sustainable, he pointed out that Utah’s super-sized collection of future draft assets will create some options in the event that the team remains in the playoff hunt and wants to go in a different direction at the deadline.
“I wouldn’t discount anything,” he said. “We have a lot of opportunities to make deals with all the picks that we have.”
Latest On Kyrie Irving
Kyrie Irving, who has been suspended for the Nets‘ last four games after sharing antisemitic content, has met with the team, the NBA, and the National Basketball Players Association on “several occasions” in recent days, the NBPA told players in an email obtained by ESPN’s Adrian Wojnarowski (Twitter link).
According to Wojnarowski (Twitter link), the players’ union said in that email that Irving’s rights “have been protected at every turn” and that “the NBPA “(looks) forward very soon to a resolution of all matters satisfactory to all parties.” The memo also reiterated that both the NBPA and Irving “unequivocally condemn antisemitism and all other forms of hate.”
When the Nets initially announced Irving’s suspension, the team stated the ban would cover at least five games, so the guard will miss Saturday’s contest against the Clippers. In theory, he could accompany the Nets on their four-game road trip and suit up as early as Sunday vs. the Lakers.
However, head coach Jacque Vaughn told reporters today that there’s no update on Irving and that he still hasn’t talked to the seven-time All-Star (Twitter link via Nick Friedell of ESPN), so it remains unclear if he’ll play in any of the games out west. According to Wojnarowski (Twitter link), there’s “skepticism” that Irving will return to action on Sunday, and it’s not a lock he’ll be back on Tuesday vs. Sacramento either.
Shortly after Vaughn spoke to the media, Nets owner Joe Tsai put out a statement announcing that he and his wife (and Nets co-owner) Clara Wu Tsai met with Irving and his family on Thursday.
“We spent quality time to understand each other and it’s clear to me that Kyrie does not have any beliefs of hate towards Jewish people or any group,” Tsai said (Twitterlinks). “The Nets and Kyrie, together with the NBA and NBPA, are working constructively toward a process of forgiveness, healing and education.”
NBA commissioner Adam Silver conveyed a similar message on Thursday, telling Sopan Deb of The New York Times that he doesn’t believe Irving is antisemitic.
“We had a direct and candid conversation,” Silver said. “He’s someone I’ve known for a decade, and I’ve never heard an antisemitic word from him or, frankly, hate directed at any group … (But) whether or not he is antisemitic is not relevant to the damage caused by the posting of hateful content.”
While none of the latest comments and reports shed any real light on when Irving might play again for the Nets, most of them seem to point toward it happening sooner or later. That’s a change in tone from what we hearing at the start of the week, when one report indicated there was “growing pessimism” in some corners of the league that Kyrie would ever play for Brooklyn again.
Here’s more on Irving:
- Two sources told Ian Begley of SNY.tv (Twitter link) that Thursday’s meeting between Irving and the Tsais was “very positive,” which bodes well for his chances of returning to the team.
- Irving’s teammates Royce O’Neale and Nic Claxton both told reporters on Friday that they’ve been in touch with Irving and he has been in good spirits (Twitter links via Friedell).
- After saying last week that he didn’t condone Irving’s actions, LeBron James came to the defense of his former teammate on Thursday, tweeting that Irving has apologized and should be allowed to return to the court. “What he’s (been) asked to do to get back on the floor I think is excessive,” James wrote. “He’s not the person that’s being portrayed of him.”
- As Tim Reynolds of The Associated Press writes, Nike co-founder Phil Knight told CNBC on Thursday that the relationship between Nike and Irving is likely over for good. “Kyrie stepped over the line,” Knight said. “It’s kind of that simple. He made some statements that we just can’t abide by and that’s why we ended the relationship. And I was fine with that.”