[Miami Heat] OFFICIAL: The Miami HEAT have acquired a trade exception from the Oklahoma City Thunder in exchange for Victor Oladipo and second round picks in 2029 and 2030.
OFFICIAL: The Miami HEAT have acquired a trade exception from the Oklahoma City Thunder in exchange for Victor Oladipo and second round picks in 2029 and 2030.
— Miami HEAT (@MiamiHEAT) July 6, 2023
by butterbeancd
5 Comments
Cool cool
I asked chatGPT to explain what a trade exception is in this context cuz I didn’t really understand. here’s what it gave back to me in case there’s others that don’t understand completely:
In basketball, a trade exception is a rule that allows teams to make trades even if the salaries of the players involved don’t exactly match up. Normally, when teams trade players, the salaries need to be similar in order to comply with the league’s rules.
But a trade exception creates an exception to this rule. It allows a team, like the Miami HEAT in this case, to receive a special credit or “exception” that represents the value of the player they traded away, in this case, Victor Oladipo. The HEAT can now use this trade exception to acquire another player in the future whose salary fits within the value of the exception, even if the salaries don’t match exactly.
So, think of the trade exception as a special coupon or credit that the Miami HEAT can use to get another player from another team without having to give anything back immediately. It’s like a flexible way for them to make future trades and acquire players without worrying too much about matching salaries right away.
Guess I didn’t realize we were getting more than one second rounder. Neat.
I’m not mad about any of this. Good for OKC and hopefully helps hurry up this Dame delay.
Oladipo come home bb