SB Nation    •   5 min read

The Cavs traded player exception isn’t as good as we thought

WHAT'S THE STORY?

Boston Celtics v Cleveland Cavaliers - Game Four
Photo by Nick Cammett/Getty Images

The Cleveland Cavaliers received a traded player exception in their deal with the Chicago Bulls that swapped Isaac Okoro for Lonzo Ball. Yesterday, it was reported and written by me that the exception was for $11 million. Today, it has been clarified by Keith Smith that Cleveland has only a $1 million traded player exception.

A traded player exception is created when a team trades

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a player with more salary for one with less or no salary at all. Cleveland did that when they sent out Okoro — who is set to make $11 million this upcoming season — for Lonzo Ball and his $10 million deal.

This difference would mean that the Cavs would have a traded player exception of $1 million.

The confusion came from an injured-player clause in Ball’s contract that would’ve allowed a team to trade him as if his salary were $0. This, in theory, would’ve created an $11 million trade exception. That reading of the contract was incorrect.

So, where does that leave the Cavs?

A trade exception like this allows a team to acquire someone who makes as much or less than their exception in a trade as long as they didn’t send out a player of their own. That would’ve been beneficial if you could acquire a player a team is trying to salary dump who is making $11 million or more.

Since the exception is for $1 million, the Cavs could only acquire a player making that much or less in a deal. And unfortunately for Cleveland, no players would fit into that exception as the minimum contract for a player with no years of service time for the upcoming season is $1,361,969.

In short, this is essentially worthless for the Cavs.

The CBA is confusing. Even the experts get things wrong. But at least we all learned something about traded player exceptions.

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