Sixers’ $8MM+ Trade Exception Set To Expire

The traded player exception the Sixers generated in last year’s Al Horford deal is set to expire if it’s not used on Tuesday, per Basketball Insiders and Spotrac. The exception, created when Horford was sent to Oklahoma City in December, is worth $8,190,134.

Traded player exceptions allow teams to absorb salary without sending outgoing salary for matching purposes. Typically, they expire after one year, but the Sixers’ Horford TPE and the rest of the trade exceptions created during the 2020 offseason had their expiry dates adjusted to account for the NBA’s shortened season.

[RELATED: Hoops Rumors Glossary: Traded Player Exception]

I wouldn’t expect many more trades to be completed before the regular season begins next month, but the 76ers are the team that seems most likely to make a deal, given their unresolved Ben Simmons situation. The $8MM+ traded player exception could theoretically come in handy in a Simmons deal, depending on the structure, but Philadelphia won’t rush to get anything done on Tuesday just to use it.

Of the available trade exceptions around the league that are set to expire prior to the 2022 offseason, the Sixers’ $8.19MM TPE is among the largest. The Magic have a $17.15MM exception that will expire in February and the Thunder have a pair worth $9.59MM and $12.8MM, also expiring in February. All of the other TPEs worth more than $8MM won’t expire until next summer.

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