A total of 17 traded player exceptions around the NBA will expire if they’re not used by the end of the day today, as Bobby Marks of ESPN tweets.
Traded player exceptions allow a team to acquire a player without any outgoing salary, as long as the incoming player’s salary fits within the amount of the TPE (plus $100K of wiggle room). Trade exceptions are generated in certain deals and expire after one year if they haven’t been used.
We go into far more detail on the concept of the traded player exception in our glossary entry, so be sure to check that out if you want more info.
Most – if not all – of the 17 TPEs expiring today won’t be used. Many of those exceptions are worth less than $2MM, limiting their usefulness. The Warriors, for instance, have four trade exceptions set to expire today, but the most valuable one is worth just $1,925,880.
However, there are a few more notable TPEs worth mentioning. Here are the five most valuable traded player exceptions expiring today:
- Miami Heat: $7,533,867
- Memphis Grizzlies: $4,185,185
- Los Angeles Clippers: $3,567,720
- Sacramento Kings: $2,673,334
- Portland Trail Blazers: $2,338,847
The Nuggets, Rockets, Timberwolves, Sixers, and Wizards also have small exceptions expiring today.
Most higher-value trade exceptions, including the Celtics‘ $28.5MM TPE and the Thunder‘s $27.5MM TPE, won’t expire until the offseason.
The full list of current trade exceptions can be found right here.