More teams than ever before (or as far back as I can remember) have trade exceptions this season.
Couple that with the fact that a new collective bargaining agreement/lockout is on the horizon and nobody knows whether the landscape will be the same going forward (less guarantees on contracts? franchise tags, etc.?) and it is no wonder why NBA teams aren’t really using their TPEs this season.
While the word is if the Carmelo to New Jersey deal happens, Troy Murphy will be moved immediately by the Nuggets along with one of the four 1st round picks they are expected to receive in exchange for a TPE which will bring them under the luxury tax.
Don’t expect the Raptors to be the team that makes a play for Murphy. Toronto’s remaining TPE is about $10.7 million U.S., meaning it isn’t big enough to take on Murphy’s near $12 million dollar stipend.
Cleveland, Sacramento and Minnesota each have big enough TPE’s to get involved and get themselves a first rounder out of it.
Toronto’s TPE expires in July, but if there is a lockout, free agency won’t happen and everything will be in flux.
Bryan Colangelo will have between the end of the season and the draft to find a taker for the TPE or it will expire and the team will have cap space whenever NBA action resumes.
Clear as mud?