Source: C's and Wiz working on sign and trade involving Kris Humphries

[Lucky17]

A thought on a whim: could the celtics be looking to get a guy like Kevin Seraphin back in a double sign and trade?

I dont know anything about this player or what his market value is.

That'd be pretty complicated I bet.

But as a non-simultaneous transaction, it should work: Celtics S&T Hump into Washington's TPE, thereby creating a TPE that Washington could S&T Seraphin into at a later date.

[blink]

So since I am not the most well-versed in the trade-rules-cap-free-agent stuff.  Why wouldn't Wash just sign Hump directly?  He was a free agent right?  What is the benefit to them?

They should be out of cap space by now. Pierce was the MLE signing i believe.

Ok thanks, so the TPE is used by a team who is so close to the cap that they can't absorb the incoming player's salary.

A trade player exception (TPE) is created when a team trades out more salary than it takes back in a trade.  So for example, TEAM A trades 3 players worth 10 million to TEAM B.  TEAM B trades 4 players worth 7 million to TEAM A.  TEAM A has a TPE of 3 million.  That 3 million TPE will expire one year from the date of the trade and can't be combined with players or other TPE's, but you don't have to use all of it.  So TEAM A at any time during that year can acquire a player worth 2 million without trading anything else, which still leaves 1 million on the TPE (which still expires at the same time).  TEAM A in a later trade can acquire another player worth 1 million into the rest of the TPE.  TPE's do not have to be used and often expire.

thanks TP for you!

[Lucky17]

BTW, looks like Hump will replace Trevor Booker, who's heading to the Jazz via free agency.

[blink]

So since I am not the most well-versed in the trade-rules-cap-free-agent stuff.  Why wouldn't Wash just sign Hump directly?  He was a free agent right?  What is the benefit to them?

They should be out of cap space by now. Pierce was the MLE signing i believe.

Ok thanks, so the TPE is used by a team who is so close to the cap that they can't absorb the incoming player's salary.

Essentially.  To sign a player, you either need to have the cap room to fit his salary or an exception to fit his salary.  The Wizards were over the cap, and they used the MLE to sign Pierce.  They have the Bi-Annual Exception, but that was too small for Humphries contract ($2 million a year for two years.)  So they need a little help.  They did, however, get a reported $8.5 million trade exception in the Trevor Ariza to Houston sign-and-trade, so they can use a portion of that to sign Humphries with Boston's help in a sign-and-trade.  Boston would get an exception equal to Humphries' salary, expiring one year from the day of the trade (presumably today, but maybe tomorrow or the next depending on Humphries scheduling a physical).  They also will have to get at least a protected second-rounder, although standard compensation is at least 1 second rounder that's unprotected.

and a TP for you as well!

[Donoghus]

There's a nice little arms race developing in the East right now.  I like it. 

[blink]

Well either way Wash has added some nice vets to improve its team.   

[saltlover]

A thought on a whim: could the celtics be looking to get a guy like Kevin Seraphin back in a double sign and trade?

I dont know anything about this player or what his market value is.

It's possible, although I would consider that unlikely at present.  Seraphin is a restricted free agent -- the Wizards were interested enough in him to give him a $3.9 million qualifying offer.  I'd have to imagine his market is no lower than the MLE, considering that Utah just gave Trevor Booker $10 million for 2 years.  Assuming Humphries gets $4.5 million, the Celtics could sign Seraphin for no more than $5.725 million in year 1.  The MLE is $5.305 million.  Maybe Seraphin would accept it, but I wouldn't be surprised if he thinks he can do better.  Also, the Wizards might like to keep him.

[D.o.s.]

There's a nice little arms race developing in the East right now.  I like it.

Agreed.

[hpantazo]

maybe if we are lucky they will also include Jeff Green in the trade and get something significant in return

[boscel33]

maybe if we are lucky they will also include Jeff Green in the trade and get something significant in return

Porter?

[LarBrd33]

The Boston Celtics are finalizing a sign-and-trade agreement with Washington to fit Humphries' deal into the salary cap, sources said. The Wizards can send Boston part of the trade exception earned with Houston in a recent sign-and-trade deal for Trevor Ariza.

[perks-a-beast]

I wish Kris nothing but the best in Washington. I really liked his play (not so much his salary) here. He played hard every play. That's about all you can ask.

There's always one team that looks stacked each year that doesn't even come close to living up to their potential, but I really hope that's not the Wizards this year. I like that team a lot. They've got arguably the most exciting backcourt in basketball, a solid front line, and not to mention my favorite player in NBA history. Man, i'll be pulling hard for Washington this year, and I think they have a real shot at making it out of the East. They have a really balanced roster of Wiley veterans and young studs. I'd love to see Garnett get bought out and join that squad for a playoff run...

Wall/ Miller
Beal/ Webster
Pierce/ Porter
Nene/ Humphries
Gortat/ Garnett

[McHales Pits]

Trevor Booker - thanks to his number of games started - qualified for a QO higher than a player of his draft slot would typically be eligible for. I believe the number was in excess of 4M (closer to 5M) and that value was too high for the Wiz to risk on one year of Booker - which led him to being a UFA instead of a RFA. I think Hump is a clear upgrade however...so good on the Wiz if they can get him for Booker's price. A Gortat-Nene-Hump is one physical frontcourt.

http://www.csnwashington.com/basketball-washington-wizards/talk/wake-call-trevor-booker-will-command-higher-qualifying-offer

[Chief Macho]

maybe getting back a 2nd for the one we just lost in the Zeller deal?

[Lucky17]

I wish Kris nothing but the best in Washington. I really liked his play (not so much his salary) here. He played hard every play. That's about all you can ask.

There's always one team that looks stacked each year that doesn't even come close to living up to their potential, but I really hope that's not the Wizards this year. I like that team a lot. They've got arguably the most exciting backcourt in basketball, a solid front line, and not to mention my favorite player in NBA history. Man, i'll be pulling hard for Washington this year, and I think they have a real shot at making it out of the East. They have a really balanced roster of Wiley veterans and young studs. I'd love to see Garnett get bought out and join that squad for a playoff run...

Wall/ Miller
Beal/ Webster
Pierce/ Porter
Nene/ Humphries
Gortat/ Garnett

Wiz aren't quite so stacked. Wing depth is a problem, with Porter a question mark, and Martell Webster out indefinitely after back surgery (again).

But they are having a nice offseason so far.