The NBA has granted the Magic a Disabled Player Exception worth approximately $6.14MM due to Markelle Fultz‘s season-ending injury, Shams Charania of The Athletic tweets. The DPE will expire on April 19.
The DPE is a salary cap exception designed to allow teams to add a replacement for a player who suffers a season-ending injury. It’s worth either half the injured player’s salary or the value of the non-taxpayer mid-level exception, whichever is lesser. Fultz has a $12,288,697 salary this season.
The disabled player exception doesn’t give a team an extra roster spot, but it allows the club to add a player without requiring cap space to do so. It can be used to sign a free agent, to claim a player off waivers, or to acquire a player in a trade. However, it can only be used on one 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.
The Magic currently have a full 15-man roster and are approximately $3MM away from the luxury tax line. However, guard Michael Carter-Williams is dealing with a sprained left foot and is out indefinitely, Josh Robbins of The Athletic tweets, which might increase the odds of the Magic making a roster move.