Here is an example of a non-simultaneous trade: a team trades away a $2 million player for a $1 million player. Sometime in the next year, they trade a draft pick (with zero trade value itself) for a $1.1 million player to complete the earlier trade. They ended up acquiring $2.1 million in salary for their $2 million player -- they just didn't do it all at once, or even necessarily with the same trading partner.
In the above example, after the initial trade of the $2 million player for the $1 million player, it was like the team had a "credit" for one year, with which they could acquire up to $1.1 million in salaries without having to send out salaries to match. This credit is often referred to as a Traded Player exception or a trade exception, but be aware that the CBA uses the name "Traded Player exception" to refer to the entire exception which allows teams to make trades above the salary cap (including simultaneous trades, non-simultaneous trades, and base year compensation).
Here is a more complicated example of a legal non-simultaneous trade: a team has a $4 million Traded Player exception from an earlier trade, and a $10 million player it currently wants to trade. Another team has three players making $4 million, $5 million and $7 million, and the teams want to do a three-for-one trade with these players. This is legal -- the $5 million and $7 million players together make less than the 125% plus $100,000 allowed for the $10 million player ($12,600,000), and the $4 million player exactly fits within the $4 million Traded Player exception. So the $4 million player actually completes the previous trade, leaving the two teams trading a $10 million player for a $5 million and a $7 million player. From the other team's perspective it's all just one big simultaneous trade: their $4 million, $5 million and $7 million players for the $10 million player.
A good example of this occurred in 2004 when Houston traded Steve Francis, Cuttino Mobley and Kelvin Cato to Orlando for Tracy McGrady, Juwan Howard, Tyronn Lue and Reece Gaines. As a single trade, it could only be simultaneous since multiple players were moving each way. However, Houston was able to reorganize the trade into three separate trades. In one trade, they acquired McGrady and Gaines for Mobley and Cato. In another trade, they acquired Howard and Lue using an existing Traded Player exception from their earlier Glen Rice trade. That left them trading Francis essentially by himself for nothing, which generated a new Traded Player exception in the amount of Francis' base year value. From Orlando's perspective, it was a single, simultaneous three-for-four trade.
Lamrock93 wrote:Bad trade for Phoenix, since Thomas expires in 2 years, and now they have one less big guy. If they intend to win in the playoffs, this is a bad move.
Keo wrote:They will also find much more use in Thomas than the Suns did.
Dro wrote:Suns-nation is up in arms right now. We're pissing our respective pants in worry over at phxsuns.net.
This may be the worst trade in Suns history. I understand that it gets the Suns out of cap hell, but NO WAY IN HELL do you give up 2 first round picks to get rid of a player who can still contribute! If you absolutely HAVE to get rid of someone and are willing to get rid of two first rounders to do it, you get rid of Marcus Banks, who has not and will not contribute anything in his stint as a member of the Suns. This leaves the Suns with who to guard Tim Duncan in the playoffs? Uhh...Amare Stoudemire (cool, he'll average 20mpg and 6 fouls per game), Doris Diaw (not a typo)...Sean Marks? YES! SEAN MARKS IS THE ANSWER!
Sauru wrote:i still say too bad for phoenix that atlanta didnt want amare, cause having kg in town woulda changed everything.
Andrew wrote:It makes sense financially for the Suns but it's a complete bust in every other aspect. If nothing else, the luxury tax seems to be making it easier for a few teams to pick up bargains in trades.
Anthony15 wrote:Sauru wrote:i still say too bad for phoenix that atlanta didnt want amare, cause having kg in town woulda changed everything.
Not in the long run, but for this year it would have made them an automatic western conference finals team for sure. In the long run, it would hurt them ,because KG's retirement isn't that far away.
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