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OFFICIAL: Landry Fields is a Toronto Raptor
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CalgaryRapsFan wrote: View PostYes you are right. They'd either have to use the TPE to acquire Fields in the S&T, or they'd have to renounce everybody they have a cap-hold for, to have approx. $12M cap space available (for Fields @ $6.3M & Lowry @ $5.75M). They can't maintain their player rights (ie: Bayless) AND the TPE. The MLE would be retained regardless, so long as Fields is acquired via S&T.
I asked Coon a question a month back about trading for a player like Gay with little contract going out and the effect on the exceptions. He said they would be kept if the salary cap space is used to facilitate a trade.
So the Raptors could trade for Lowry, then trade for Fields, and have their exceptions left.
Gray could be resigned with his rights and Bayless too.
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@LarryCoon ...if they take on salary that uses up that cap space, do they have to renounce their exceptions like they would if signing a FA?
Larry Coon Larry Coon
What do you mean by "take on salary?" If they have enough cap space to sign someone, then by definition they already don't have
@LarryCoon ...if they take on salary that uses up that cap space, do they have to renounce their exceptions like they would if signing a FA?
Larry Coon Larry Coon
@LarryCoon
...exceptions. If you mean in trade, then no, they can keep their exceptions.
@LarryCoon Thanks, Larry! Yes, by "take on salary" i meant trade. So if Raps trade for Gay after July 1st, still have Barbosa TPE and MLE?
Larry Coon Larry Coon
@LarryCoon
Right.
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Matt52 wrote: View PostDo you have the tweet?
I follow Coon and didn't see it come up.
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CalgaryRapsFan wrote: View PostNo, I couldn't copy and paste from twitter. It was a direct reply to one I had sent him. It didn't post on the ESPN twitter section, but it did show up on his twitter page. It came through earlier this afternoon... can't recall the exact time.
https://twitter.com/LarryCoon/status/222777669647998976
@LarryCoon Could Toronto make the Fields signing a S&T, with a 2013 2nd round pick going to NYK, thereby creating a $6.5M TPE for NYK?@angrydave2 Yes, the three parties could all mutually agree to do that, but trade exception would be 50% of new salary.
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Matt52 wrote: View PostI'm not sure that is correct.
I asked Coon a question a month back about trading for a player like Gay with little contract going out and the effect on the exceptions. He said they would be kept if the salary cap space is used to facilitate a trade.
So the Raptors could trade for Lowry, then trade for Fields, and have their exceptions left.
Gray could be resigned with his rights and Bayless too.
Fields trade - adds $6.3M
Lowry trade - adds $4.25M (Lowry $5.75 - Forbes $1.5)
I think they could do the following, in order:
1) either S&T Bayless for a pick, or renounce him
2) renounce all other cap holds, freeing up approx $12M cap space
3) complete Fields S&T deal
4) complete Lowry deal
- Raps would be just about right on the cap
- Raps would still have the MLE and Barbosa TPE, as well as the Room Exception
- Raps could sign (technically not a re-sign) Gray, using Room Exception at any time
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planetmars wrote: View PostI see the Twitter Q&A here:
https://twitter.com/LarryCoon/status/222777669647998976
I'm assuming you're twitter handle is angrydave2?
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CalgaryRapsFan wrote: View PostI think you are right, but they'd need to renounce everybody to gain the approx. $10.55M cap space needed to make both trades. Once those trades were made, they'd maintain their MLE and TPE, since they reached the cap via trades.
Fields trade - adds $6.3M
Lowry trade - adds $4.25M (Lowry $5.75 - Forbes $1.5)
I think they could do the following, in order:
1) either S&T Bayless for a pick, or renounce him
2) renounce all other cap holds, freeing up approx $12M cap space
3) complete Fields S&T deal
4) complete Lowry deal
- Raps would be just about right on the cap
- Raps would still have the MLE and Barbosa TPE, as well as the Room Exception
- Raps could sign (technically not a re-sign) Gray, using Room Exception at any time
According to ShamSports.com with Ross signed, the Raptors now have $41.075 in committed salary ($41.965 minus Alabi $890k). Add on Ross signing today which is $2.136 and Raptors are at $43.211. As of now JV is still a cap hold.
Assuming S&T with Knicks for Fields, theoretically, Raps could resign Gray and acquire Fields/Lowry without touching TPE or MLE.
One last thing, the Raps would not have a room exception if they have the MLE. It is one or the other. I think I have said in the past they could have both but I would have been wrong.
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Given the Knicks roster situation with the new CBA, it is no longer an absurdity to think the Raps could not acquire him in a S&T, in my opinion. The Knicks are going to be VERY pressed for ways to add salary outside of trade exceptions or minimum contracts. Using the full MLE or Bi-annual exception gives them a hard cap of $74M this season as well.
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Rebuilding wrote: View PostCreating exceptions for the Knicks is just helping divisional rivals. We have enough movable pieces + amnesty if we need to make a move. I don’t think we see a sign and trade here that clearly helps the Knicks who are in a very uncertain position in our tight divisionFor still frame photograph of me reading the DeRozan thread please refer to my avatar
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Matt52 wrote: View PostI'm not sure that is correct.
I asked Coon a question a month back about trading for a player like Gay with little contract going out and the effect on the exceptions. He said they would be kept if the salary cap space is used to facilitate a trade.
So the Raptors could trade for Lowry, then trade for Fields, and have their exceptions left.
Gray could be resigned with his rights and Bayless too.
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Matt52 wrote: View PostRaps could sign Fields in a S&T using TPE after all other business is done.
That would allow the Raptors to use the cap space they currently have in another trade whereby they could take back up to $6.75M ($11M minus difference in Lowry/Forbes contract). They would also have MLE at disposal and would not have to renounce any players.
This is off the top of my head - if anything is wrong, let me know!
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jbml wrote: View PostTo make an offer to an UFA we have to be able to give him the salary. I don't think it could be on a condition that the NYK agree to a sign and Trade
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Rebuilding wrote: View PostCreating exceptions for the Knicks is just helping divisional rivals. We have enough movable pieces + amnesty if we need to make a move. I don’t think we see a sign and trade here that clearly helps the Knicks who are in a very uncertain position in our tight division
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