Raptors Salary Cap Situation (and planning for the future)

[Bonus Jonas]

Patience, grasshopper.

Aye, sensei.

[DanH]

I'm curious to Heatdreamer's last question. Assuming we had a 5M TPE, could we trade it for a 7.6M player?

Patience, grasshopper.

[DanH]

Does Toronto have a TPE that it may use this year? I thought one was created by the Greivis trade to the bucks
! Believe there was a $6.3 Million created . Can someone confirm this .

TPE cannot be combined with an active player on the roster. Does this have the same aspects in a trade
The TPE x 150% + $100,000?

You don't trade a TPE by the way. It is an exception to the salary cap, all it does is allow you to absorb salary. So if the TPE is 6.5M dollars, you can absorb a 6.5M dollar salary (or smaller salary, even multiple smaller salaries if they sum to 6.5M or less) without matching salaries.

The TPE is sized at 100%+100k of the mismatched single outgoing salary in the initial trade (Vasquez was 6.4M for 0 dollars, so the delta is 6.4M and the TPE is the delta plus 100k, so 6.5M).

[Bonus Jonas]

Yes, the Greivis trade generated a TPE. No, we don't have it anymore. You cannot have a TPE if you use cap space.

I'm curious to Heatdreamer's last question. Assuming we had a 5M TPE, could we trade it for a 7.6M player?

[DanH]

Yes, the Greivis trade generated a TPE. No, we don't have it anymore. You cannot have a TPE if you use cap space.