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Celtic Trade exception(s)
« on: January 06, 2014, 11:50:49 AM »

Offline Kane3387

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It appears the lee for Bayless trade was done via trade exceptions.

If that's the case then we now have two exceptions.

1) the pierce exception now looks like it is $7,140,136. This is Bayless salary subtracted from the original pierce TE.
2) the lee exception is now $5,225,000.

The lee exception can now be used until the beginning of 2015.
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Re: Celtic Trade exception(s)
« Reply #1 on: January 06, 2014, 11:54:25 AM »

Offline droopdog7

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Quote from: Kane3387 on January 06, 2014, 11:50:49 AM
It appears the lee for Bayless trade was done via trade exceptions.

If that's the case then we now have two exceptions.

1) the pierce exception now looks like it is $7,140,136. This is Bayless salary subtracted from the original pierce TE.
2) the lee exception is now $5,225,000.

The lee exception can now be used until the beginning of 2015.
We took back some salary as well so I don't believe we got an exception for Lee's full salary.
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Re: Celtic Trade exception(s)
« Reply #2 on: January 06, 2014, 12:06:50 PM »

Offline YoungOne87

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lol

grizzlies used their exception from the rudy gay trade to take on the extra 2.x mil. from lee.
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Re: Celtic Trade exception(s)
« Reply #3 on: January 06, 2014, 12:11:10 PM »

Offline Theodor

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Quote from: Kane3387 on January 06, 2014, 11:50:49 AM
It appears the lee for Bayless trade was done via trade exceptions.

If that's the case then we now have two exceptions.

1) the pierce exception now looks like it is $7,140,136. This is Bayless salary subtracted from the original pierce TE.
2) the lee exception is now $5,225,000.

The lee exception can now be used until the beginning of 2015.

We don't need to use the Pierce exception. The trade is quite simple in our perspective. Lee (5,225,000) for Bayless (3,135,000) and we got a $2,090,000 exception.
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Re: Celtic Trade exception(s)
« Reply #4 on: January 06, 2014, 12:11:48 PM »

Offline hwangjini_1

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am i correct in thinking that these two exceptions can NOT be combined? thanks in advance.
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Re: Celtic Trade exception(s)
« Reply #5 on: January 06, 2014, 12:28:32 PM »

Offline Cman

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Quote from: hwangjini_1 on January 06, 2014, 12:11:48 PM
am i correct in thinking that these two exceptions can NOT be combined? thanks in advance.

That's basically right; see #86 here: http://www.cbafaq.com/salarycap.htm
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Re: Celtic Trade exception(s)
« Reply #6 on: January 06, 2014, 01:16:41 PM »

Offline Evantime34

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Quote from: Kane3387 on January 06, 2014, 11:50:49 AM
It appears the lee for Bayless trade was done via trade exceptions.

If that's the case then we now have two exceptions.

1) the pierce exception now looks like it is $7,140,136. This is Bayless salary subtracted from the original pierce TE.
2) the lee exception is now $5,225,000.

The lee exception can now be used until the beginning of 2015.

So this is the impression I got too (they send us Bayless for an exception and we send them Lee), but I haven't seen it confirmed anywhere.

Also how can we do two deals like this that are clearly linked, while the NBA didn't allow us to do two deals that were linked with the CLippers in the off season?
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Re: Celtic Trade exception(s)
« Reply #7 on: January 06, 2014, 01:53:25 PM »

Offline LooseCannon

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Quote from: Evantime34 on January 06, 2014, 01:16:41 PM
Also how can we do two deals like this that are clearly linked, while the NBA didn't allow us to do two deals that were linked with the CLippers in the off season?

Mainly because a coach isn't involved.
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Re: Celtic Trade exception(s)
« Reply #8 on: January 06, 2014, 01:57:06 PM »

Offline Fafnir

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Quote from: Evantime34 on January 06, 2014, 01:16:41 PM
Quote from: Kane3387 on January 06, 2014, 11:50:49 AM
It appears the lee for Bayless trade was done via trade exceptions.

If that's the case then we now have two exceptions.

1) the pierce exception now looks like it is $7,140,136. This is Bayless salary subtracted from the original pierce TE.
2) the lee exception is now $5,225,000.

The lee exception can now be used until the beginning of 2015.

So this is the impression I got too (they send us Bayless for an exception and we send them Lee), but I haven't seen it confirmed anywhere.

Also how can we do two deals like this that are clearly linked, while the NBA didn't allow us to do two deals that were linked with the CLippers in the off season?
Technically from the Celtics perspective the Brooklyn trade was 3 separate trade for cap purposes. This gave us the biggest possible trade exception.

And no we don't need to subtract anything from the Pierce TPE. You can always send out more salary than you take back. So the C's can simply count it as a Lee for Bayless swap and they're done. Its only Memphis that will consider it as two "trades".
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Re: Celtic Trade exception(s)
« Reply #9 on: January 06, 2014, 02:08:50 PM »

Offline saltlover

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Quote from: Evantime34 on January 06, 2014, 01:16:41 PM
Quote from: Kane3387 on January 06, 2014, 11:50:49 AM
It appears the lee for Bayless trade was done via trade exceptions.

If that's the case then we now have two exceptions.

1) the pierce exception now looks like it is $7,140,136. This is Bayless salary subtracted from the original pierce TE.
2) the lee exception is now $5,225,000.

The lee exception can now be used until the beginning of 2015.

So this is the impression I got too (they send us Bayless for an exception and we send them Lee), but I haven't seen it confirmed anywhere.

Also how can we do two deals like this that are clearly linked, while the NBA didn't allow us to do two deals that were linked with the CLippers in the off season?

It's a weird NBA rule.  You can have simultaneous trades.  And you can have trades that are applied differently for each team.  So from the Celtics perspective, they had two choices: They could trade Lee for Bayless straight up, and acquire a ~$2.1 million exception, or they could trade for Bayless using a portion of their Pierce exception, leaving it at around $7 million, and trade Lee to Memphis and acquire a new exception at his salaray of $5.2 million.  The NBA will allow them to do either, no matter that Memphis is using a trade exception to acquire Lee. 

My assumption is that the Celtics would preserve their exception from Pierce and gain a smaller exception for the difference Lee and Bayless' salaries, because having a larger exception is better since they can't be combined.  However, the Lee exception will expire roughly 6 months after the Pierce exception, so there is some argument to preserving flexibility for an in-season trade next year.
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Re: Celtic Trade exception(s)
« Reply #10 on: January 06, 2014, 02:28:54 PM »

Offline Kane3387

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Quote from: Fafnir on January 06, 2014, 01:57:06 PM
Quote from: Evantime34 on January 06, 2014, 01:16:41 PM
Quote from: Kane3387 on January 06, 2014, 11:50:49 AM
It appears the lee for Bayless trade was done via trade exceptions.

If that's the case then we now have two exceptions.

1) the pierce exception now looks like it is $7,140,136. This is Bayless salary subtracted from the original pierce TE.
2) the lee exception is now $5,225,000.

The lee exception can now be used until the beginning of 2015.

So this is the impression I got too (they send us Bayless for an exception and we send them Lee), but I haven't seen it confirmed anywhere.

Also how can we do two deals like this that are clearly linked, while the NBA didn't allow us to do two deals that were linked with the CLippers in the off season?
Technically from the Celtics perspective the Brooklyn trade was 3 separate trade for cap purposes. This gave us the biggest possible trade exception.

And no we don't need to subtract anything from the Pierce TPE. You can always send out more salary than you take back. So the C's can simply count it as a Lee for Bayless swap and they're done. Its only Memphis that will consider it as two "trades".

Ah I did not know this... TP

Trade machine rejects lee for Bayless straight up without use of TEs.

So how exactly was the trade executed? The pierce TE was untouched?
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Re: Celtic Trade exception(s)
« Reply #11 on: January 06, 2014, 02:31:06 PM »

Offline Fafnir

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For Memphis they're taking Lee with their TPE from the Rudy Gay trade. Trade #1

Then they're sending Bayless to us (you can always send more salary out than you get back) for the 2016 2nd pick I heard rumored was in the deal.

So that using much of their Rudy Gay TPE.

For the C's its easy. Bayless in and Lee out, works because you can send out more salary than you take back.
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Re: Celtic Trade exception(s)
« Reply #12 on: January 06, 2014, 02:44:08 PM »

Offline Emmette Bryant

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Quote from: Fafnir on January 06, 2014, 02:31:06 PM
For Memphis they're taking Lee with their TPE from the Rudy Gay trade. Trade #1

Then they're sending Bayless to us (you can always send more salary out than you get back) for the 2016 2nd pick I heard rumored was in the deal.

So that using much of their Rudy Gay TPE.

For the C's its easy. Bayless in and Lee out, works because you can send out more salary than you take back.

Tommy Point for patiently explaining this.
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Re: Celtic Trade exception(s)
« Reply #13 on: January 06, 2014, 03:14:08 PM »

Offline Kane3387

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Quote from: Fafnir on January 06, 2014, 02:31:06 PM
For Memphis they're taking Lee with their TPE from the Rudy Gay trade. Trade #1

Then they're sending Bayless to us (you can always send more salary out than you get back) for the 2016 2nd pick I heard rumored was in the deal.

So that using much of their Rudy Gay TPE.

For the C's its easy. Bayless in and Lee out, works because you can send out more salary than you take back.

Ah ok. We still get a very small exception for lee as well? Since his salary was greater then Bayless.

Thank you.
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