One thing I think that is being overlooked with this Hayward TPE is its attractiveness to the opposing team to reduce salary.
Let’s say a rebuilding team is open to deal a player making $20m this year. There are essentially three types of trades they can make to send him out:
1) Trade him for players making similar money (within 25%, if I’m remembering correctly).
2) Trade him to a team with a TPE and take back less salary than in #1, or none at all, getting a pick or picks back.
3) Trade him to a team with cap space and take back less salary or none at all, taking a pick or picks back.
#3 is virtually impossible at the deadline, because no contending teams that I’m aware of have cap space, especially mid-season.
When teams who are ready to give up on this season and have players to sell off are looking for trade partners, they may be more inclined to make a #2 deal with a TPE holding team, thereby taking back no salary.
Even if a team takes back players on expiring deals to make a trade work under scenario #1, you’re still asking the team owner to pay a player making at least $15m for the last third of the season. How much is $5m worth to an owner, especially a stingy one?
This is one of the reasons I believe teams will trade with the Celtics, and that TPE could get used at the deadline, and the outgoing assets the Celtics send out may not be as significant as we tend to believe. Essentially this a way for a team owner to take back a little less in a trade while saving a few million dollars in a lost season.