Month: November 2024

Bucks:

• Bogut ($12MM) for Ellis ($11MM) and Udoh ($3.29MM). As a nontaxpayer, the Bucks could have absorbed up to $17MM (100% of Bogut's salary + $5MM) in a simultaneous deal for Bogut, so the combined $14.29MM fits comfortably.
• Jackson ($9.26MM) for Brown ($6.75MM). This segment of the deal is non-simultaneous, meaning the Bucks received a traded player exception for the difference between the two salaries ($2,506,500). They'll have a year to use it.

Warriors:

• Ellis ($11MM) for Bogut ($12MM). 100% of Ellis' salary + $5MM easily absorbs Bogut's salary.
• Brown ($6.75MM) for Jackson ($9.26MM). In this case, the Warriors could take up to 150% of Brown's salary, which would be $10MM+.
• Because Udoh is essentially going to the Bucks for nothing, from Golden State's perspective, the Warriors receive a traded player exception worth Uodh's cap figure ($3,294,960).

Grizzlies trade Sam Young to the 76ers for the rights to 2005 second-round pick Ricky Sanchez

Grizzlies:

• By sending out Young and not receiving salary in return, the Grizzlies created a traded player exception worth Young's cap figure ($947,800).

76ers:

• The Sixers used a portion of the $2,721,255 trade exception they received by dealing Marreese Speights. After absorbing Young's salary, Philadelphia has $1,773,455 remaining on that exception.

Raptors trade Leandro Barbosa to the Pacers for a second-round pick and cash considerations

Raptors:

• Not taking back any salary for Barbosa means the Raptors landed a $7.6MM traded player exception in the deal. The move took Toronto's 2011/12 cap figure below the minimum, so perhaps the cash considerations the Raps received will help them reach that salary floor.

Pacers:

• Indiana's huge excess of cap room was more than enough to absorb Barbosa's $7.6MM salary. The Pacers are still nearly $7MM below the cap.

Trail Blazers trade Gerald Wallace to Nets for Mehmet Okur, Shawne Williams, and a first-round pick

Blazers:

• Wallace ($9.5MM) for Okur ($10.89MM) and Williams ($3MM). The Blazers' could have absorbed up to $14.25 in total salary for Wallace's deal (150% of $9.5MM), so the combined $13.89MM of the two Nets fits.

Nets:

• Okur ($10.89MM) for Wallace ($9.5MM). The Nets create a trade exception worth the difference in salaries ($1.39MM) via this non-simultaneous deal.
• Williams is essentially headed to Portland for nothing, so another $3MM trade exception is created using his 2011/12 cap figure.

Cavaliers trade Ramon Sessions and Christian Eyenga to Lakers for Luke Walton, Jason Kapono, and a first-round pick

Cavs:

• Sessions ($4.26MM) for Walton ($5.97MM) and Kapono ($854,389). Walton's 7.5% trade kicker increased his cap figure for this year and next, but Sessions's $4.26MM figure can still easily absorb his salary using the 150% rule. Because Kapono is earning the veteran's minimum, his cap figure can be added to the swap without adhering to the 150% rule.
• Cleveland earns a trade exception worth Eyenga's salary ($1,097,520).

Lakers:

• Walton ($5.68MM) for Sessions ($4.26MM) and Eyenga ($1.1MM). The Lakers use Walton's pre-kicker cap figure for salary-matching purposes. Since the gap between Walton's outgoing salary and the combined incoming salaries is so small, no trade exception is created here.
• However, the Lakers do receive a small trade exception for Kapono — it's worth $854,389.

Warriors trade Stephen Jackson to Spurs for Richard Jefferson, T.J. Ford and a first-round pick

Warriors:

• Jackson ($9.26MM) for Jefferson ($9.28MM) and Ford ($854,389). Jackson's and Jefferson's salaries match up almost perfectly, while Ford, who recently retired, is a throw-in to reduce the Spurs' luxury tax bill.

Spurs:

• Jefferson ($9.28MM) for Jackson ($9.26MM). The difference between these two salaries is minuscule enough that no trade exception is created.
• Like the Lakers with Kapono, the Spurs do receive a small ($854,389) exception for Ford.

Trail Blazers trade Marcus Camby to the Rockets for Hasheem Thabeet, Jonny Flynn, and a second-round pick

Blazers:

• Camby ($11.23) for Thabeet ($5.13MM) and Flynn ($3.41MM). The gap in salaries here creates a modest traded player exception for Portland. It'll be worth $2,684,810.

Rockets:

• Thabeet ($5.13MM) and Flynn ($3.41MM) for Camby ($11.23MM). 150% of Thabeet's and Flynn's combined salaries is $12.81MM, so Camby fits in with room to spare.

Lakers trade Derek Fisher and a first-round pick to the Rockets for Jordan Hill

Lakers:

• Fisher ($3.4MM) for Hill ($2.86MM). The Lakers create a trade exception here, worth the difference between the two salaries ($544,340). It's so tiny it almost certainly won't be used though.

Rockets:

• Hill ($2.86MM) for Fisher ($3.4MM). Another straightforward deal for the Rockets, as 150% of Hill's cap figure is enough to absorb Fisher's salary.

The Wizards acquire Nene from the Nuggets and Brian Cook and a second-round pick from the Clippers; the Clippers acquire Nick Young from the Wizards; the Nuggets acquire JaVale McGee and Ronny Turiaf from the Wizards

Wizards:

• Turiaf ($4.36MM), Young ($3.7MM), and McGee ($2.46MM) for Nene ($13MM). The combined outgoing salaries for Washington total $10,518,257, so the Wizards fit in Nene's figure using the 100% + $5MM rule. They could have absorbed up to about $15.5MM.

Clippers:

• Young's $3.7MM salary is absorbed using the $3.8MM trade exception L.A. acquired for Eric Gordon in the Chris Paul blockbuster. The amount remaining on that exception is small enough to be irrelevant going forward.
• Because Young is their only incoming player, the Clippers send out Cook for nothing, essentially, earning them a trade exception worth $1,223,166.

Nuggets:

• The Nuggets neatly absorb both Turiaf's $4.36MM and McGee's $2.46MM into their $7MM Raymond Felton trade exception. Like the Clippers, they're using enough of the exception that the remainder is essentially worthless.
• So, for the second straight deadline, Denver receives a massive trade exception — last year it was for Carmelo Anthony's $17MM+ salary, while this year it's worth $13MM for Nene.

Note: Huge hat tip to Storytellers Contracts for contract details.

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