More Details On James Harden Trade

The formal press releases sent out by the Sixers, Clippers, and Thunder following the completion of the James Harden trade earlier today included some new details on the deal.

Among those details? The Sixers will only have the ability to swap 2029 first-round picks with the Clippers if Los Angeles’ pick isn’t in the top three; Philadelphia acquired cash in the trade; and the Thunder will have the ability to swap either their own 2027 first-round pick or the Nuggets’ 2027 first-round pick (top-five protected) for the Clippers’ ’27 first-rounder.

Those announcements didn’t address a few other aspects of the deal though, which Bobby Marks of ESPN has provided (via Twitter):

  • The Clippers sent out $3.1MM in cash in the trade, per Marks — $2MM to Philadelphia and $1.1MM to Oklahoma City. As Marks notes, this is the last season in which teams whose salaries are over the second tax apron will be able to send out cash in a trade.
  • In addition to the $559,782 trade exception the Sixers created by trading Filip Petrusev (whose salary is only partially guaranteed), the team generated a TPE worth $6,831,413, according to Marks. As we outlined on Tuesday, that means Philadelphia adhered to the salary-matching rules for over-the-apron teams, which restrict those clubs from taking back more than 110% of their outgoing salary. The 76ers could have used the more lenient salary-matching rules for teams below both tax aprons to create a trade exception worth $11MM+, but that would have hard-capped the club at the first apron ($172.3MM) for the rest of 2023/24 — the route Philadelphia chose won’t create a hard cap.
  • As we reported earlier today, Harden received a $40,595 trade bonus as part of the deal. His full trade bonus was worth $5MM+, but $40,595 was the maximum portion he could receive based on the Clippers’ ability to match incoming salaries. According to Marks (Twitter link), that bonus will create an additional $233,421 in projected luxury tax penalties for the Clippers, though Philadelphia is responsible for paying the bonus itself.
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