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TPE = first dibs in contract dumps?

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  • TPE = first dibs in contract dumps?

    http://www.hoopsworld.com/Story.asp?story_id=18146


    "First Dibs: For those of you hoping to see your team trade a large ending contract for a better player, keep an eye on Cleveland and Toronto. Both teams are sitting on $14.5 million Traded Player Exceptions and both teams have made it clear to other teams, that anyone looking to dump a higher priced player, both are open for business.

    This becomes very relevant for teams like Orlando with Vince Carter's pseudo-ending deal or why New Orleans pulled the early trigger on Peja Stojakovic's huge ending deal.

    League sources explained recently that with the Cavs and Raptors both positioning themselves for the players that could be moved at the deadline, they possess the better assets in the TPE than the ending contract of other players, especially for teams looking to liquidate.

    In New Orleans' case moving Peja was about securing their own $9 million Traded Player Exception, an asset sources say is far more valuable than Peja was, mainly because no team in the league viewed Peja as a viable player to improve their situation, he was simply an ending deal.

    In Orlando's case Vince Carter can still play, but sources wondered aloud whether the third-best player made available at the trade deadline was a better improvement than what Vince is in Orlando today. The answer is probably no.

    As the source said, you can basically cross off the top two players made available as salary dumps, as those players are likely headed to Toronto and Cleveland respectively. So you're really talking about the third best asset. So while Carmelo Anthony, Andre Iguodala and maybe Jason Richardson are the top names hitting the market in the next 76 days, the odds all three are moved is slim, meaning while there may be a market for ending contracts, there may not be better players available for teams holding ending contract players mainly because Cleveland and Toronto are going to have first dibs in the cap clearing game."

    Interesting article but the $14.5M TPE in Toronto is now actually $12,237,400 (according to ESPN trade machine). Would not beable to take on AI.

    It is the first time I've read anything US that gives the TPE for either TOR or CLE any value.

    Also with nearly an extra $20M in expiring contracts and 1 extra roster spot, TOR would most likely have the upper hand on flexibility.
    Last edited by mcHAPPY; Fri Dec 10, 2010, 07:21 PM.
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