Hoops Rumors Originals

Traded Player Exceptions Created In Deadline Deals

Before NBA teams started reaching trade agreements on Thursday, we published the latest entry in our Hoops Rumors Glossary, focusing on the traded player exception. As we explain in our breakdown, the traded player exception can allow over-the-cap teams to receive more salary than they send out in “simultaneous” trades.

The more common form of traded player exception is the one generated in a “non-simultaneous” trade, when a team send out a single player and takes back less salary – or none at all – in return. The team then has one calendar year to use that newly-created exception to acquire one or more players whose salaries fit into that exception.

For instance, the Raptors created a $11,800,000 trade exception in last July’s DeMarre Carroll trade with the Nets, meaning that on Thursday they could have acquired a player earning, say, $11MM without sending out any salary in return.

Not many teams took advantage of their outstanding trade exceptions on Thursday, but at least a couple teams appear to have completed trades with previously existing trade exceptions, or with disabled player exceptions. Nearly every trade completed on Thursday also generated at least one new trade exception, so we’ll round up those newly-created TPEs below.

With the help of tweets from cap experts Albert Nahmad and Bobby Marks, along with information from RealGM’s official transactions log, here’s a breakdown of the new TPEs, sorted by value. Not all of these exceptions have been confirmed with 100% certainty, but this is what we believe they’ll look like. These TPEs will expire if they’re not used by February 8, 2019:

Our list of outstanding traded player exceptions has been updated, and will be adjusted if necessary once we’re able to confirm all the TPEs listed above.

If you have any corrections or questions, please let us know in the comment section.

Community Shootaround: Trade Deadline Winners, Losers

The 2018 NBA trade deadline is now behind us, and it was a little busier than expected. A dozen deals were completed on Thursday, after four more trades were finalized in the 10 days prior to the deadline.

The Cavaliers stole the show on deadline day, completing three trades that sent out a total of six players and saw them land four new players: George Hill, Rodney Hood, Jordan Clarkson, and Larry Nance. It was a fascinating roster overhaul for the Cavs, who surrendered their own 2018 first-round pick along with Isaiah Thomas, Derrick Rose, Dwyane Wade, Jae Crowder, Iman Shumpert, and Channing Frye, but hung onto the Nets’ 2018 first-rounder.

Alex Kennedy of HoopsHype spoke to several players from around the NBA to get their trade-deadline impressions, and the Cavaliers were the team mentioned most frequently. Trevor Booker called Cleveland the deadline’s “biggest winner,” while an anonymous Eastern Conference guard lauded the Cavs for acquiring several “guys who are hungry.” Multiple players pointed specifically to Hood as a player who will have an impact in Cleveland.

The Lakers also received praise from more than one player who spoke to Kennedy. L.A. only made one trade on deadline day, but it was a big one — in exchange for Clarkson and Nance, two players on multiyear contracts, the Lakers took on a pair of expiring contracts and nabbed the Cavs’ 2018 first-round pick. The move puts the team in great position to go after two star free agents in 2018 or 2019.

The Jazz, who moved Hood and Joe Johnson and landed Crowder and Rose, will also active on deadline day, as were the Heat, who reunited with old friends Wade and Luke Babbitt. The Knicks and Suns each picked up a former top-10 pick, with New York acquiring Emmanuel Mudiay and Phoenix trading for Elfrid Payton. The Pistons added bench depth in the form of James Ennis and Jameer Nelson, while the Trail Blazers got out of the tax. The Nuggets and Mavericks were among the other teams who were active.

Conversely, several potential title contenders had very quiet deadlines. The Spurs, Rockets, Warriors, and Celtics didn’t make any trades on Thursday, and the Raptors‘ only deal was a back-of-the-bench move. Some potential sellers were unexpectedly quiet too, as the Clippers hung onto Avery Bradley and DeAndre Jordan, the Grizzlies kept Tyreke Evans, and the Hawks retained Dewayne Dedmon, Marco Belinelli, and Ersan Ilyasova.

Our full 2018 trade deadline recap can be found right here.

Based on all those moves, and even a few trades from last week too, if you want to count the Blake Griffin and Nikola Mirotic swaps as deadline deals: Which teams – or players – do you think were the winners and losers of this year’s trade deadline?

As multiple 2017 blockbuster trades have shown, our early impressions of a trade can sometimes be off base (just ask the Pacers, who are very happy with Victor Oladipo and Domantas Sabonis these days). But we’re still curious to know what you think of the latest deals from around the NBA. Jump into the comment section below to share your thoughts!

2018 NBA Trade Deadline Recap

After weeks of speculation suggesting that it might be a quiet 2018 trade deadline, we got a pretty eventful day in terms of deals completed — NBA teams agreed to 12 trades today, after four others had been finalized in the 10 days leading up to the deadline.

The deadline was still quiet on some fronts, with contenders like the Warriors, Celtics, Rockets, and Raptors staying out of the fray, but the Cavaliers underwent one of the biggest single-day overhauls in years, and last week’s Blake Griffin trade was a bona fide blockbuster.

Our recap of all of 2018’s deadline deals can be found below, starting with the moves completed today…


Trades completed on deadline day:

February 8

February 8

February 8

  • Heat acquire Dwyane Wade.
  • Cavaliers acquire a 2024 second-round pick (heavily protected).

February 8

  • Knicks acquire Emmanuel Mudiay.
  • Nuggets acquire Devin Harris and the less favorable of the Clippers’ and Knicks’ 2018 second-round picks (from Knicks).
  • Mavericks acquire Doug McDermott and the less favorable of the Kings’ and Trail Blazers’ 2018 second-round picks (from Nuggets).

February 8

  • Suns acquire Elfrid Payton.
  • Magic acquire the second-most favorable of the Grizzlies’, Hornets’, and Heat’s 2018 second-round picks.

February 8

  • Pistons acquire James Ennis.
  • Grizzlies acquire Brice Johnson and the less favorable of the Bulls’ and Pistons’ 2022 second-round picks.

February 8

  • Pistons acquire Jameer Nelson.
  • Bulls acquire Willie Reed and the right to swap 2022 second-round picks with the Pistons.

February 8

February 8

February 8

February 8

  • Hawks acquire Sheldon Mac and cash.
  • Wizards acquire a 2019 second-round pick (heavily protected).

February 8


Trades completed in the 10 days leading up to the deadline:

February 7

February 5

  • Bucks acquire Tyler Zeller.
  • Nets acquire Rashad Vaughn and the Bucks’ 2018 second-round pick (if it falls between 31-47).

February 1

  • Pelicans acquire Nikola Mirotic and their own 2018 second-round pick (previously sent to Bulls).
  • Bulls acquire Omer Asik, Tony Allen, Jameer Nelson, the Pelicans’ 2018 first-round pick (top-5 protected), and the right to swap 2021 second-round picks with the Pelicans.

January 29

Hoops Rumors’ 2018 Trade Deadline Primer

In past NBA seasons, the trade deadline has typically fallen just after the All-Star Game, with All-Star weekend serving as an event where general managers can connect in person as they attempt to hammer out deals in advance of the fast-approaching deadline.

This season, however, the NBA has moved up the trade deadline by two weeks to February 8. Executives will no longer get the opportunity to discuss trades at the All-Star Game, but it remains to be seen whether this will result in a less active deadline than usual. After all, deadlines generally spur teams into action, whether that happens on February 8, February 22, or any other date on the calendar.

We’ll be keeping tabs on all the latest news and rumors all day long on Hoops Rumors, leading up to the 2:00pm CT trade deadline. In the meantime, here are some of our features, trackers, and analysis to help you prepare for today’s action:

Trackers and lists:

Analysis and additional information:

Hoops Rumors Glossary: Traded Player Exception

While relying on ESPN.com’s Trade Machine may be the simplest way to verify whether or not a trade will work under NBA rules, it’s worth examining the primary tool in the league’s Collective Bargaining Agreement that determines a trade’s viability — the traded player exception.

Teams with the cap room necessary to make a trade work don’t need to abide by the traded player exception rules. However, if a team makes a deal that will leave its total salary more than $100K above the salary cap, the club can use a traded player exception to ensure the trade is legal under CBA guidelines.

There are two different types of traded player exceptions used in NBA deals. One applies to simultaneous trades, while the other applies to non-simultaneous deals. In a simultaneous trade, a team can send out one or more players and can acquire more salary than it gives up. In a non-simultaneous trade, only a single player can be dealt, and the team has a year to take back the equivalent of that player’s salary, plus $100K.

Let’s look into each scenario in greater detail….

Simultaneous:

In a simultaneous trade, different rules applies to taxpaying and non-taxpaying clubs. A non-taxpaying team can trade one or more players and take back….

  • 175% of the outgoing salary (plus $100K), for any amount up to $6,533,333.
  • The outgoing salary plus $5MM, for any amount between $6,533,333 and $19,600,000.
  • 125% of the outgoing salary (plus $100K), for any amount above $19,600,000.

Here’s a recent example of these rules in effect:

Read more

2018 Free Agent Stock Watch: Washington Wizards

The Wizards made the bold decision to commit max money to three organization grown players long-term and will permanently have their hands full managing their finances as a result. In order to make the strategy work, they’ll need to be responsible with where they spend the rest of their budget.

While the club already projects to dip into the luxury tax this season and next (with over $29MM in guaranteed money tied up in Marcin Gortat and Ian Mahinmi in 2018/19 alone), they’ll get a chance to practice financial restraint this summer with a handful of free agents that they can afford to part ways with if they feel the need to.

Tim Frazier, PG, 27 (Down) – Signed to a two-year, $4.1MM deal in 2016
One season removed from a fantastic stint as a spot starter in New Orleans in 2016/17, Frazier hasn’t had much of an impact since coming over in a draft day trade last June. The Wizards were in need of a reliable backup point guard when they targeted Frazier but seem to have grown comfortable with the idea of Tomas Satoransky handling backup point guard duties in John Wall‘s absence. For that reason, Frazier will probably have to choose between rounding out the club’s rotation as a third-string playmaker or look elsewhere.

Sheldon Mac, SG, 25 (Down) – Signed to a two-year, $1.8MM deal in 2016
A torn Achilles has rendered Mac unable to suit up in 2017/18. He’ll hit restricted free agency in the summer but don’t expect any suitors until he can prove that he’s healthy enough to battle for a rotation spot. That’ll likely have to happen in the G League.

Chris McCullough, PF, 23 (Down) – Signed to a three-year, $3,8MM deal in 2015
The Wizards, to this point, have shown little interested in working McCullough into their rotation. The 23-year-old showed some flashes of promise during his rookie campaign with the Nets in 2015/16 but then again many fringe NBA players have looked half-decent in Brooklyn’s lineup the last few years. If all goes well, McCullough will find another squad to break training camp with next fall. It’s hard to say whether or not there will be much more beyond that.

Jodie Meeks, SG, 30 (Up) – Signed to a two-year, $6.7MM deal in 2017
After several years of struggling to stay on the court, Meeks has shown that he can contribute modestly off the bench. While his player option for 2018/19 comes in at a rather cheap $3.5MM for a player with his experience, don’t be surprised if the veteran elects to return. There may be a team out there willing to give the career .417 three-point shooter more than that on the open market but an argument can be made that Meeks could benefit more in the long run from simply focusing on staying healthy and relevant where he is, while worrying about free agency in 2019.

Mike Scott, PF, 29 (Up) – Signed to a one-year, $1.7MM deal in 2017
The Wizards got a key rotation piece for dirt cheap over the summer and the forward has done nothing but raise his stock over the course of the season. Expect teams to take an interest in the veteran role player with impressive efficiency numbers and the ability to put points on the board. Washington would likely be happy to retain him but will be limited in what they can offer him.

Jason Smith, C, 32 (Down) – Signed to a three-year, $15.7MM deal in 2016
Smith hit free agency at the perfect time back in 2016. This summer, in contrast, teams won’t be so willing to cough up significant money for career reserves with forgettable portfolios. Smith’s stints with the Magic, Knicks and Pelicans hardly justified the contract he signed two summers ago but he’s done even less since arriving in Washington. For that reason, expect him to accept his $5.5MM player option.

Photo courtesy of USA Today Sports Images.

Players Who Are Ineligible To Be Traded At Deadline

At the start of any NBA season, there’s generally a long list of players who can’t be traded. Most of those players signed new contracts during the offseason and subsequently don’t become trade-eligible until at least December 15. Offseason signees who meet certain criteria don’t have their trade restrictions lift until January 15.

Now that both of those dates are behind us, the list of players who are still ineligible to be traded has shrunk considerably. However, there are still several guys around the NBA who won’t have to worry about hearing their names pop up in trade rumors this week, since they can’t be dealt.

Here’s a breakdown of the players who aren’t eligible to be traded at this Thursday’s deadline:

Designated Veteran Extension recipients:

The Designated Veteran Extension, a super-max deal introduced in the NBA’s new Collective Bargaining Agreement, made its debut during the 2017/18 league year, and the four players listed above were the first stars to receive the new form of extension. Once a player signs a Designated Veteran Extension, he’s ineligible to be traded for one year, which means that Curry (July 6), Harden (July 7), Wall (July 26), and Westbrook (September 29) can’t be traded for a while — not that they would have been anyway.

Veteran contract extension recipients:

Aldridge, Covington, Powell, and Richardson didn’t get Designated Veteran Extensions, but they did all sign veteran contract extensions that exceeded the very restrictive limits of an extend-and-trade transaction. As such, they can’t be traded for six months after signing their new deals. All four players signed their extensions between September 18 and November 17, meaning their trade windows won’t open until after the regular season.

Recently signed players:

The NBA’s trade eligibility rules dictate that a player who signs with a team as a free agent can’t be traded for three months or until December 15, whichever comes later. That’s why most players who sign in July aren’t trade-eligible until December 15. For players who sign after September 15 though, that three-month restriction applies.

In the case of the players listed above, their deals were signed sometime after November 8. That means their three-month restriction won’t lift in time for the February 8 trade deadline.

As for Gray and Okafor, marked with asterisks, they’re simply on 10-day contracts, making them ineligible to be moved.

Note: This list doesn’t include players with the ability to veto trades or players on two-way contracts.

Four Common Misconceptions About NBA Trades

The NBA’s Collective Bargaining Agreement is a complex and often confusing document outlining the rules related to player contracts, trades, the salary cap, and much more. These rules are convoluted enough that we introduced a Hoops Rumors Glossary dedicated to unpacking a number of CBA intricacies and breaking them down in simpler terms.

While our readers are far more familiar than the average NBA fan with the terms and rules found in our glossary, we still see a few of the same trade-related questions and misconceptions surface in the comment sections of our articles or in the replies to our tweets. So, with the February 8 trade deadline right around the corner, we wanted to address a few of those misconceptions, ensuring that you have an even clearer sense of what sort of deals can and can’t be made this week.

Let’s dive right in…

Misconception #1: A player can’t be traded twice in a row.

There are a number of rules in the CBA that limit a team’s ability to reacquire a player after trading him. For instance, the Bucks weren’t able to re-sign Greg Monroe after the Suns bought him out last week, since Milwaukee traded Monroe to Phoenix earlier this season. The Celtics currently aren’t able to reacquire Avery Bradley in a trade, since they dealt him to Detroit at the start of the 2017/18 league year.

However, even though the Celtics and Pistons can’t currently acquire Bradley from the Clippers, the veteran guard is eligible to be traded again this week. The CBA only prevents the Clips from aggregating Bradley’s salary with another player’s salary in a trade for two months after acquiring him.

What exactly does that mean? Well, Bradley is currently earning $8,808,989. So if the Clippers want to acquire a player earning $20MM by packaging Bradley with Austin Rivers (whose salary is $11,825,000), they wouldn’t be able to do so, since Bradley’s salary would have to be aggregated with Rivers’ to match that $20MM cap figure. But if the Clips simply want to acquire a player earning $9MM, sending out Bradley on his own would be fine, since his salary isn’t been aggregated with another player’s salary in that scenario.

This doesn’t mean that Bradley has to be the only outgoing piece in any trade involving him. For instance, if the Clippers wanted to trade Bradley and DeAndre Jordan ($22,642,350) for a player earning $25MM, that would be okay. Jordan’s salary on its own is large enough to “match” a player earning $25MM, so Bradley’s salary doesn’t need to be aggregated with Jordan’s, even though it’d be a two-for-one deal.

Misconception #2: Injured players can’t be traded.

This misconception may be rooted in the NBA 2K video game series, which has historically prevented users from trading injured players. Despite existing in the game, this rule doesn’t exist in the real NBA.

Players involved in a trade generally must pass physical examinations with their new teams before a trade is made official, and there are certain situations in which this becomes problematic. At the 2016 trade deadline, for example, a three-team trade fell apart when the Pistons voided the agreement over the results of Donatas Motiejunas‘ physical.

More recently, the Cavaliers‘ concerns over Isaiah Thomas‘ physical last August delayed the completion of their blockbuster trade with the Celtics by a week, with Boston ultimately sending another draft pick to Cleveland to help ease the Cavs’ concerns.

In each of those cases though, the problem wasn’t that a player involved in the deal had health concerns — it was that one team was caught off guard by the extent of those health concerns. If an injured player needs to be included in a deadline deal for salary-matching purposes, there’s no rule stopping that. The team acquiring that injured player just needs to be on board — and willing to waive the requirement that the player must pass his physical.

Misconception #3: A team can agree to pay a player’s salary when trading him away.

In an MLB trade, a team can trade a player with, say, $25MM left on his contract and agree to pay most or all of that salary. That flexibility makes it a little easy for teams to dump overpaid players from their roster, and a club’s willingness – or lack thereof – to pay a traded player’s salary will often have an impact on what kind of return the club gets for its player. Pay that entire $25MM in remaining salary, and maybe you’ll get a good prospect or two in exchange.

NBA trades don’t provide this same kind of financial flexibility. A team can include cash in a trade, but there are annual limits on how much can be sent or received in trades, and that money isn’t technically applied specifically to a player’s salary.

There are ways to get around this rule in certain cases. A July 2017 trade between the Heat and Mavericks is a good case study. In the deal, Dallas acquired Josh McRoberts ($6,021,175 cap hit), $5.1MM in cash, and a future second-round pick from Miami in exchange for A.J. Hammons ($1,312,611 cap hit). The Heat desperately needed a little more cap room to finalize agreements with Dion Waiters, James Johnson, and Kelly Olynyk, and since cash included a trade doesn’t count toward either team’s cap, the McRoberts/Hammons swap allowed Miami to clear $4,708,564 in cap room, the difference between the two players’ salaries.

By including $5.1MM in cash in the deal, the Heat covered that difference, adding a little extra money in for good measure. So while the move cost the Mavs some cap room, they came out ahead from a spending perspective, and even picked up a second-round pick in the process.

The Heat essentially agreed to pay McRoberts’ salary in that deal, but it was a somewhat unique scenario, and it also shows how limited a team’s ability to sweeten the pot with cash can be. Because $5.1MM is the maximum amount a team can trade or receive this year, the Heat immediately became ineligible to include cash in another deal until next July. Additionally, while that annual limit allowed Miami to cover a modest expiring contract like McRoberts’, it wouldn’t help the Knicks much as they try to trade Joakim Noah.

In addition to still being owed the prorated portion of this year’s $17,765,000 salary, Noah has nearly $38MM left on his deal over the following two years. New York can’t offer to cover a significant portion of that remaining salary in order to dump Noah. The most the Knicks could attach in cash would be this season’s limit, $5.1MM.

Misconception #4: Teams can’t trade away first-round picks in consecutive years.

The Ted Stepien Rule, which we described in an updated glossary entry last month, is another complicated rule that is often misinterpreted. The rule prevents a team from leaving itself without first-round picks in back-to-back future seasons. However, a team can still trade its first-round pick every year, if it so desires.

Consider the Wizards. A year ago, Washington traded its 2017 first-round pick in a deadline deal for Bojan Bogdanovic. Does that mean the Wizards can’t trade their 2018 first-rounder? Nope. As soon as the 2017 draft passed, that 2018 first-rounder once again became trade-eligible, since Washington still has its 2019 pick. Trading the 2018 first-round selection now wouldn’t leave the team without first-rounders in consecutive future seasons, so it doesn’t violate the Stepien rule.

The rule also technically does allow a team to trade away its own first-round picks in consecutive future seasons as long as the team has acquired at least one first-round pick from another club in either of those two years. For instance, the Cavaliers have already traded away their 2019 first-rounder, but they could still trade away their 2018 first-round pick, since they’re owed the Nets‘ first-rounder in 2018. The Stepien rule would only block Cleveland from trading both of its 2018 first-rounders without securing another first-round pick for ’18 or ’19 in the process.

Are there other common misconceptions about NBA trade rules that we’re leaving out? Let us know in the comment section!

Weekly Mailbag: 1/29/18 – 2/4/18

We have an opportunity for you to hit us up with your questions in this, our weekly mailbag feature. Have a question regarding player movement, the salary cap or the NBA draft? Drop us a line at HoopsRumorsMailbag@Gmail.com.

Who would be a better fit for the Thunder, Jonathon Simmons or Avery Bradley? — Duhhkari Sanchez, via Twitter

Bradley is almost a perfect replacement for Andre Roberson, who is out for the season with a ruptured left patellar tendon. Bradley has been an elite wing defender for years and is a better 3-point shooter than Roberson. He has an $8.8MM contract that expires after this season, so he won’t require a long-term financial commitment. The obstacle in the way of any deal is the Thunder’s lack of resources. They can’t offer a first-round pick until at least 2022 and they don’t have enough young players with small contracts to interest the Clippers. They’ve been reluctant to part with Terrance Ferguson, but that will probably be the price to obtain Bradley. Simmons may not be an option, depending on whether Orlando’s front office wants to do a complete overhaul. He is averaging 13.7 points per game and has an affordable contract at $6MM for next season and a non-guaranteed $5.7MM for 2019/20.

Which player is the most realistic option for the Bucks: Malik Monk, Tyreke Evans or Avery Bradley? — Kyle Wagner, via Twitter

The Bucks are focused on winning right away, so Monk isn’t an option. The word out of Charlotte is that he needs significant improvement, especially on defense, before being ready to play regular minutes. Evans and Bradley would both be nice additions, but they will come at a high cost with so many teams being interested. The Grizzlies and Clippers will each be seeking first-round draft picks, and Milwaukee sent this year’s first-rounder (with protections) to Phoenix in the Eric Bledsoe deal. The priority in Milwaukee seems to be finding another center, so don’t expect Evans or Bradley to be heading north.

Phoenix GM Ryan McDonough said he is ready to advance the timeline and swing big with all assets for a young star to grow with Devin Booker and T.J. Warren. Is an Anthony Davis or a similar young star realistic? Please say yes. — Nathan Dylong, via Twitter

It looks like Suns fans are the latest to join the waiting party for Anthony Davis. However, Davis reportedly loves being in New Orleans and there’s almost no incentive for the Pelicans to trade him. He’s still just 24 years old and is signed through the 2019/20 season, with a $28.75MM player option for 2020/21. That salary may be a bargain for his level of production, especially in light of some of the super max deals signed over the past two seasons. Davis is the heart of the Pelicans and the best player in franchise history. Trading him would mark the beginning of another long rebuilding process for an organization that hasn’t enjoyed much success. A lot of stars change teams in the NBA every season, so there will be plenty of opportunities for the Suns to grab one, but don’t count on getting Davis out of New Orleans.

Hoops Rumors Originals: 1/27/18 – 2/3/18

Every week, the Hoops Rumors writing team creates original content to complement our news feed. Below are the original segments and features from the past week:

  • Two substantial trades occurred this week, and Luke Adams delivered an in-depth analytical salary cap analysis of both the Blake Griffin trade and the Nikola Mirotic trade.
  • As part of our Community Shootaround series, we focused on the following questions:
  • In his Weekly Mailbag, Arthur Hill answered readers’ questions on a potential – and now completed – Pelicans‘ trade for Mirotic, and potential trades for Tyreke Evans and Aaron Gordon.
  • We took a look at the two teams remaining below the 2017/18 salary floor – the Mavericks and the Bulls.
  • Our 2018 Free Agent Stock Watch focused on the Bulls.
  • Luke Adams also dove into a deep analysis of the 2017/18 disabled player exceptions granted so far this season.
  • With the trade deadline now less than a week away, we identified several players in the Pacific division who could be on the move.