Cavs trade for Bogans. It's official.

[Tr1boy]

Yes.

But why was the nets able to do that when they combined TE with humphries etc for KG?

They didn't.

That single "trade", was actually 3 separate trades from the perspective of the C's and two trades from the Nets side I believe. Teams are allowed to account for trades in different ways as long as the math is legal for them.

Now its starting to make sense. 

So right now with the te we got from the cavs, how can we use it?? Its most likely nothing but what are the possibilities

[Lucky17]

Can someone clarify what is the trade exception we received good for, if we cant use it for future trade purposes?

What is a TPE good for if it's not used? Nothing.

Seriously? Lol

Why are ppl gere so happy about the trade exception we received then.

Im still not clear of how TE can be used. We received a big TE from brooklyn . then traded it to the cavs for zeller, thornton and a 1st. So what did the cavs use the TE they got from us for?

Yet ppl here are stating the TE cant be used in trades.  No wonder Danny himself is confused about how this thing works.

Can someone clearify.

You don't trade TPEs. They are empty slots that allow you to take on players without having to match salary. They last for one calendar year before they evaporate.

Read this:

http://www.cbafaq.com/salarycap.htm#Q85

And I seriously doubt Ainge is confused about how TPEs work.

Then can you explain the TE we got from the nets for KG and PP, then we flipped it for zeller, thorntob and a 1st. Or that was not the same TE traded

Can I explain it?  Yes.  Can I explain it in a way that you understand it?  Not sure.

Then dont.

Ppl here keep stating you cant use the TE you receive from another team, to use in a future trade situation. Yet thats what happened with TE we received from the nets that was used fto get zeller etc. From the cavs.

Then why could the cavs not combine the TE with haywoods non guarantee, instead going through yesterdays trade and giving up 2nds?

Is it that TE(obtained from a trade) cant be combined with non guarantees but can be combined with a guarantee contract?

Where is Roy?

You probably should read the link I posted, as it addresses some of the misconceptions in your post above.

In the simplest terms I can manage:

A TPE is like an coupon, good for one year, that allows you to receive a player in trade equal to or less than the amount of the TPE.

You don't trade TPEs. The other team trading away the player gets a brand new TPE from the league, good for one year.

You can't combine TPEs with other TPEs or salary or exceptions.

[Csfan1984]

Can someone clarify what is the trade exception we received good for, if we cant use it for future trade purposes?

What is a TPE good for if it's not used? Nothing.

Seriously? Lol

Why are ppl gere so happy about the trade exception we received then.

Im still not clear of how TE can be used. We received a big TE from brooklyn . then traded it to the cavs for zeller, thornton and a 1st. So what did the cavs use the TE they got from us for?

Yet ppl here are stating the TE cant be used in trades.  No wonder Danny himself is confused about how this thing works.

Can someone clearify.

You don't trade TPEs. They are empty slots that allow you to take on players without having to match salary. They last for one calendar year before they evaporate.

Read this:

http://www.cbafaq.com/salarycap.htm#Q85

And I seriously doubt Ainge is confused about how TPEs work.

Then can you explain the TE we got from the nets for KG and PP, then we flipped it for zeller, thorntob and a 1st. Or that was not the same TE traded

Can I explain it?  Yes.  Can I explain it in a way that you understand it?  Not sure.

Then dont.

Ppl here keep stating you cant use the TE you receive from another team, to use in a future trade situation. Yet thats what happened with TE we received from the nets that was used fto get zeller etc. From the cavs.

Then why could the cavs not combine the TE with haywoods non guarantee, instead going through yesterdays trade and giving up 2nds?

Is it that TE(obtained from a trade) cant be combined with non guarantees but can be combined with a guarantee contract?

Where is Roy?

You probably should read the link I posted, as it addresses some of the misconceptions in your post above.

In the simplest terms I can manage:

A TPE is like an coupon, good for one year, that allows you to receive a player in trade equal to or less than the amount of the TPE.

You don't trade TPEs. The other team trading away the player gets a brand new TPE from the league, good for one year.

You can't combine TPEs with other TPEs or salary or exceptions.

Exactly right. One for one is exactly why expiring deals and non-guaurantees are more valuable.

[kozlodoev]

For anyone having trouble understanding TPEs. Most are created during a trade when salaries don't exactly match but are within trade limit of in and out. TPEs can also be made if a team absorbs a players salary and does not trade any salary back. Often to absorb salary you give a pick*. Often TPEs are shuffled about because teams are constantly tanking,  dumping salary, or looking for a trade chip. They don't go away they just get renamed/credited till a team decides to let it expire.

This is the exact same mechanism, though. In both cases, a team that is under the cap takes on unmatched salary (because they can), and their trade partner receives an offsetting TE -- and the logic is exactly the same regardless of whether the team taking salary is sending back players or not.

I am pretty sure TEs only get created in trades that would not work if both teams had no cap space. That is, if a legal trade is executed within the allowed differential, I don't think there is a TE that gets created in the process.

[Tr1boy]

Is the trade exception amount the same money a team can use to sign free agents in the off season?

[Lucky17]

Is the trade exception amount the same money a team can use to sign free agents in the off season?

No.

http://www.cbafaq.com/salarycap.htm#Q85

There are several common misconceptions about trade exceptions and non-simultaneous trades:

    Teams cannot use trade exceptions to sign free agents; they can be used only to acquire existing contracts from other teams. However, a team can acquire a free agent using a trade exception if he is signed by his prior team and traded in a sign-and-trade transaction (see question number 91).
    Trade exceptions are not traded from one team to another. Sometimes it appears like this is happening when one team uses a trade exception to acquire salary without sending salary away, and the other team gains a trade exception in the same process because they sent away salary without receiving salary in return. However, the trade exception the first team uses and the trade exception the second team gains are two distinct exceptions.
    Teams cannot combine trade exceptions with other exceptions (such as the Non-Taxpayer Mid-Level exception or a taxpaying team's 125% plus $100,000 margin from another simultaneous trade) in order to trade for a more expensive player. For example, a taxpaying team with a $1 million trade exception cannot combine it with their $2 million player to trade for a $3 million player (see question number 88 for more information on combining exceptions).
    A common misconception is that players cannot be traded together in a non-simultaneous trade. This is not true -- players can be traded together as long as the outgoing salaries are not aggregated. For example, trading two $10 million players for a $20 million player requires aggregation, and therefore must be simultaneous. But trading two $10 million players for a $12 million player can be accomplished without aggregation -- one of the $10 million players would be used to acquire the $12 million player in a simultaneous trade, and the other $10 million player would be traded for "nothing," in a non-simultaneous trade, gaining the team a $10 million trade exception.

[Cman]

(puff) instead of fireworks. But an okay trade.
A bunch of players, most of whom will be cut (except perhaps Powell), a TPE whose worth is not yet clear, which gives the Cs a bit of flexibility going forward, but not much. And two second round picks that will probably be in the 50s.

Its basically table scraps, but better than nothing. All in all, I was fully expecting Bogans to be cut, so DA got a bit more than I expected.

Quick question though...how does this help with the roster jam and clearing a spot for Turner?

If anything, this has made it worse, hasn't it?

3 more unguaranteed deals and a guaranteed contract.....

It doesnt help with current roster flexibilty but his point was it helps with future trades. The TPE and 2nd round picks help make things happen.

As for the roster. Figuring that all the non-guaranteed and partial guaranteed (Murphy) contracts get cut that puts the Cs at 16 (including Turner). The roster needs to be at 15 to start the season.

Yes. Then, if trades don't happen, DA can cut someone (Pressey, Powell). But the point is that the TPE and 2nd round picks are assets (small assets, but assets nonetheless).

[Lucky17]

Exactly right. One for one is exactly why expiring deals and non-guaurantees are more valuable.

For the most part, I'd agree. There is one way a TPE is handier than an actual contract: a TPE doesn't take up a roster slot.

[Nerf DPOY]

Maybe it's because the marathon is still fresh in my mind, but I keep being reminded of this scene from the Simpsons when they changed the are codes in Springfield, while following this thread.

Homer: What really burns me up is they didn't give us one word of warning.
Carl: What do you mean? They ran those TV commercials about it, and that big radio campaign.
Lenny: Don't forget the leaflets they dropped from the Space Shuttle, and the 2 weeks we all spent at area code camp.
Homer: Not a single word of warning.

[Roy H.]

Ppl here keep stating you cant use the TE you receive from another team, to use in a future trade situation. Yet thats what happened with TE we received from the nets that was used fto get zeller etc. From the cavs.

Then why could the cavs not combine the TE with haywoods non guarantee, instead going through yesterdays trade and giving up 2nds?

Is it that TE(obtained from a trade) cant be combined with non guarantees but can be combined with a guarantee contract?

Where is Roy?

First of all, this stuff is very confusing, so don't let people get down on you for not understanding it.  I'd say that 95+% of basketball fans don't understand all of the nuances.

To put this as simply as I can, a trade exception is created in certain circumstances when trades don't "match" in terms of salary.  For instance, if a team trades $5 million in salary, and doesn't take any salary back, they're granted a $5 million trade exception.  Think of it like a fictional accounting type of thing.

That trade exception lasts for one year.  You can use the exception all at once (to take back a player earning up to the amount of the exception, plus $100k), or you can use it on multiple players at different times.  For instance, if a team trades for a $2 million player and then a week later trades for a $3 million player, that works, because the team didn't exceed the amount of the original exception.

When people talk about the limitations on a trade exception, they're usually talking about using the trade exception in combination with other assets.  You can't trade a trade exception to take back salary that is more than the amount of the exception.

For instance, you CAN'T make the following trade:  $8 million player for $5 million TE and $3 million TE.  You CAN'T make the following trade:  $8 million player for $5 million TE and $3 million trade exception.  You CAN make the following trade:  $8 million player for (or rather, absorbed into) $9 million TE.  You CAN make the following trade: $8 million player absorbed into $9 million trade exception plus #1 draft pick.

Here's where it gets more complicated:  trades can be structured in different ways to take advantage of the trade exception.  For instance, if a team wanted to trade two players making a combined $6 million to a team with a $5 million trade exception, they couldn't do that.  However, they could trade a $5 million player and a $1 million player, if the receiving team was also including a guy making $1 million.  It would technically be two different trades:  the $5 million player for the $5 million trade exception, and the $1 million player for the other team's $1 million player.  It would be reported as one trade, but technically it would be two.

Another thing you'll hear is that trade exceptions can't be traded, which is technically true.  Teams don't trade their exceptions; rather, a new exception (with a new expiration date) is included whenever there's a salary imbalance.

In the case of Bogans, here's basically how it breaks down:

Celtics perspective:  this is multiple trades.  They're allowed to take back all the minimum contracts without sending back any salary to Cleveland, due to CBA rules.  They still need to account for John Lucas salary, either by absorbing that or by using him in a trade exception already on the books (since non-minimum deals require salary matching, either through contracts or a suitable exception).

So, trade 1:  Thomas salary (minimum) for nothing
trade 2:  Murphy salary (minimum) for nothing
trade 3:  Powell salary (minimum) for nothing
trade 4:  Lucas salary ($1.6 million) for nothing (if using a trade exception) or for Keith Bogans' contract (if not using a trade exception
trade 5 (potentially): Keith Bogans for nothing

So, if the Celtics went the route of absorbing Lucas with a trade exception, that means we would have sent out Bogans for nothing.  A trade exception would be created for the salary difference:  $5.285 million - $0 = $5.285 million.  So, in that case, it would be a $5.285 million trade exception, that we'd have to use within one year.

If we didn't use a trade exception to acquire Lucas, then we'd have to account for Lucas' salary.  Thus, the trade would be $5.285 million (Bogans) for $1.6 million (Lucas).  The difference there is $3.685 million, and that's the amount of the exception that would be created.

That's probably the best I can explain it without writing a book.  I'm speaking in generalities here, and there are a lot of rules about what "matching" actually means in a trade.  But that's the (very confusing) gist of it.

Also, to answer your other question:  both guaranteed contracts and non-guaranteed contracts can be combined with each other to facilitate trades (with certain restrictions).

[Roy H.]

Exactly right. One for one is exactly why expiring deals and non-guaurantees are more valuable.

For the most part, I'd agree. There is one way a TPE is handier than an actual contract: a TPE doesn't take up a roster slot.

Also, a TPE can be used across multiple trades, on multiple dates.  A $10 million TPE can be traded in multiple deals where you acquire a $5 million player, a $3 million player, and a $2 million player, all from different teams on different dates.  The player contract (guaranteed or otherwise) can only be traded once, and must (in general) "match" salary-wise.

[D.o.s.]

Give this man a medal. ^

Now its starting to make sense. 

So right now with the te we got from the cavs, how can we use it?? Its most likely nothing but what are the possibilities

In regards to the possibilities, it's easiest to just think about it like a $5 million dollar salary gift card that can only be used to get players with a total salary of $5 million in trade on its own.

[Lucky17]

Exactly right. One for one is exactly why expiring deals and non-guaurantees are more valuable.

For the most part, I'd agree. There is one way a TPE is handier than an actual contract: a TPE doesn't take up a roster slot.

Also, a TPE can be used across multiple trades, on multiple dates.  A $10 million TPE can be traded in multiple deals where you acquire a $5 million player, a $3 million player, and a $2 million player, all from different teams on different dates.  The player contract (guaranteed or otherwise) can only be traded once, and must (in general) "match" salary-wise.

Quite right, Roy. Another advantage to the TPE.

[Nerf DPOY]

First of all, this stuff is very confusing, so don't let people get down on you for not understanding it.  I'd say that 95+% of basketball fans don't understand all of the nuances.

Count me in the 95%. I have a grasp, but the link Lucky17 provided is simply overwhelming to a man of my intelligence with the reading comprehension skills that I possess. I got a paragraph in and just quit.

[kozlodoev]

So, if the Celtics went the route of absorbing Lucas with a trade exception, that means we would have sent out Bogans for nothing.  A trade exception would be created for the salary difference:  $5.285 million - $0 = $5.285 million.  So, in that case, it would be a $5.285 million trade exception, that we'd have to use within one year.

I do believe we should be able to fit Lucas in Courtney Lee's TE.