Cavs trade for Bogans. It's official.

[Lucky17]

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.

Yes. With about $500K remaining.

[Roy H.]

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.

Yes. With about $500K remaining.

Thanks; I was too lazy to look it up.

[Csfan1984]

Not a lot you can do with such a low exemption if you spread it out. If you had a 12+ million one you could spread it and make some very nice pick ups. 5-6 most likely you get rookies, cash* or low seconds in a salary dump. Which is why the TE doesn't feel like a big +.

[Tr1boy]

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).

You rock man.  Very good post with examples to help understand this topic easier

[gpap]

Also, if I am not mistaken you can only receive a TPE from a team that ISN'T over the cap, correct?

[Nerf DPOY]

Not sure. It can be an endless guessing game from now till  end of Bogans' contact.
Edit: Also I never said it had to be for one guy either. Can be a combination of things. Maybe a partial salary dump ect that scores a lower lottery pick.

It's always fun to play the game of what we "could/should" have done, especially when we have NO inside information on what can actually be done.

 
But this is twice in a row a seemingly good chip/asset gets little in return.  The Pierce TPE and now Bogans non-guarantee. Ironically both go while in Cav dealings.

The Pierce TPE would've expired shortly, so it was use it or lose it.  And Zeller + Thornton's expiring deal + a 1st isn't a gamechanger but is hardly "little".

I think it was little and it pretty much guaranteed, no Kevin Love and a Cavs super team. It is DA'S job to get good value in a trade if he held on too long to TPE then you can say he didn't do his job well.

Tommy point my friend.

It's okay to be a Celtics fan and yet still criticize Danny Ainge.

It would be nice, though, to present some realistic option that Ainge could have pursued.  What better deal was out there?  I haven't really seen anyone even suggest something realistic, let alone a deal the other team would genuinely be interested in.

Mike

How is a fan supposed to know what exactly is out there.  Might as well ask me to tell you ever player that is really on the trade block. Trades in the NBA are rare and complicated there is no telling what talent is ever truly available till a deal is done.  Even after there are GMs who talk about never being consulted on possible guys on the block when they miss a deal. Danny has to be held to what he got plain and simple.  Because no fan can say exactly what was out there. Just know is that really the best use of Bogans. I say no.

Right. So what basis do you have for saying Ainge passed on or didn't pursue a better oppurtunity?

He got a lousy return. Bogan wasn't up he should have held on to him.

If a star goes on the block and is moved early in the season(similar to Harden a few years ago), and not having Bogans' contract to offer is a deal breaker, then sure. But I'm not counting on that, and we'll still have Bass and Thorton's expiring deals to offer as matching salary.

[saltlover]

Also, if I am not mistaken you can only receive a TPE from a team that ISN'T over the cap, correct?

No.  You can't receive a trade exception if you are under the cap.  The other team's cap situation matters not.  The point is that you can either trade a player and receive equal to or above his salary back, or trade a player and receive less than his salary back.  If you do the latter, and it's a 1-for-1 (or 1-for-zero) trade, you have a year to acquire up to the remainder of the salary that you sent out -- essentially it's like a continuation of the prior deal.  As long as the team you made the original trade with and the team you make the new trade with are following all the other myriad rules of trades, you can acquire and use the exception.

[gpap]

Also, if I am not mistaken you can only receive a TPE from a team that ISN'T over the cap, correct?

No.  You can't receive a trade exception if you are under the cap.  The other team's cap situation matters not.  The point is that you can either trade a player and receive equal to or above his salary back, or trade a player and receive less than his salary back.  If you do the latter, and it's a 1-for-1 (or 1-for-zero) trade, you have a year to acquire up to the remainder of the salary that you sent out -- essentially it's like a continuation of the prior deal.  As long as the team you made the original trade with and the team you make the new trade with are following all the other myriad rules of trades, you can acquire and use the exception.

Think I got it, thanks.

[Fafnir]

Also, if I am not mistaken you can only receive a TPE from a team that ISN'T over the cap, correct?

No.  You can't receive a trade exception if you are under the cap.

This isn't true.

TEs do have a cap hold, but you absolutely can receive one while having salary cap space. Though the hold will subsquently reduce your cap space unless your renounce it.

[Tr1boy]

I wonder if bogans will try his "why dont i get playing time,  might as well send me home" card with the cavs gm also

[gpap]

I wonder if bogans will try his "why dont i get playing time,  might as well send me home" card with the cavs gm also

I think with the Cavs he'll probably see some playing time as either a back up or 3rd string sg behind Waiters and then maybe Miller (unless Bogans gets more minutes and they just sparingly play Miller to knock down 3s and that's it.)

[nostar]

I wonder if bogans will try his "why dont i get playing time,  might as well send me home" card with the cavs gm also

I think with the Cavs he'll probably see some playing time as either a back up or 3rd string sg behind Waiters and then maybe Miller (unless Bogans gets more minutes and they just sparingly play Miller to knock down 3s and that's it.)

I assumed he would be cut for space and I suspect that space might be used to lure Ray Allen.

We traded Sacramento's 2015 and 2017 2nd rounders, both top-55 protected until 2017 then extinguished. Which basically means we traded no picks because the Kings aren't likely to be a top-5 team any time soon. In return we received a Cleveland's 2016 and 2017 2nd round picks, likely very low selections in exchange for taking on a very small amount of salary. It's just a half-step from buying 2nd round picks.

Good move Danny!

[Nerf DPOY]

We traded Sacramento's 2015 and 2017 2nd rounders, both top-55 protected until 2017 then extinguished. Which basically means we traded no picks because the Kings aren't likely to be a top-5 team any time soon. In return we received a Cleveland's 2016 and 2017 2nd round picks, likely very low selections in exchange for taking on a very small amount of salary. It's just a half-step from buying 2nd round picks.

Good move Danny!

Here's a worthless but amusing (to me) thought that just passed through my mind.....as it stands,we now possess 1/10th of the picks in the 2016 draft.

'16 draft

Our 1st
Nets 1st
Cavs 1st
Philly 2nd
Cavs 2nd
Heat 2nd

and our own 2nd is either going to Memphis or Toronto.

Somewhere out there, Belichick is nodding his head in approval.

[SHAQATTACK]

Glade is his finally disappearing from the Celtics .....for good.

[hwangjini_1]

We traded Sacramento's 2015 and 2017 2nd rounders, both top-55 protected until 2017 then extinguished. Which basically means we traded no picks because the Kings aren't likely to be a top-5 team any time soon. In return we received a Cleveland's 2016 and 2017 2nd round picks, likely very low selections in exchange for taking on a very small amount of salary. It's just a half-step from buying 2nd round picks.

Good move Danny!

Here's a worthless but amusing (to me) thought that just passed through my mind.....as it stands,we now possess 1/10th of the picks in the 2016 draft.

'16 draft

Our 1st
Nets 1st
Cavs 1st
Philly 2nd
Cavs 2nd
Heat 2nd

and our own 2nd is either going to Memphis or Toronto.

Somewhere out there, Belichick is nodding his head in approval.

geez, next year's draft pick thread is going to be massive for cbers. we have to guess at SIX players now?