Definitive answer from Larry Coon

[JCSunsfan]

Here is the rule, from Coon's site that applies most

71. Can exceptions be combined when making trades?

To a certain extent. Teams can use different exceptions to acquire multiple players in the same trade if those players could also have been acquired individually using those exceptions. For example, a team may trade a $5 million player for a $5.5 million player and two 10-year veterans earning $1 million each on minimum-salary contracts. The minimum salary exception is used for the two minimum-salary players, and the $5.5 million player is acquired using the assigned player exception ($5.5 million is within 115% plus $100,000 of $5 million). This is allowed, since those players could have been acquired separately using those same exceptions.

What is not allowed is using two different exceptions for the same player. For example, a team cannot combine a traded player exception with the 115% plus $100,000 margin created by the assigned player exception to acquire a high-salaried player. Here is something that is not allowed: A team has a $5 million player and a $1 million traded player exception, and wants to add the $1 million trade exception to the 115% plus $100,000 margin from their $5 million player ($5,850,000), in order to trade for a player making $6,850,000. This cannot be done. The exception to this rule is that teams may combine multiple traded player exceptions together to form one larger traded player exception if the traded player exceptions are generated and consummated in the same trade.

 

[Chaplin]

What is not allowed is using two different exceptions for the same player. For example, a team cannot combine a traded player exception with the 115% plus $100,000 margin created by the assigned player exception to acquire a high-salaried player. Here is something that is not allowed: A team has a $5 million player and a $1 million traded player exception, and wants to add the $1 million trade exception to the 115% plus $100,000 margin from their $5 million player ($5,850,000), in order to trade for a player making $6,850,000. This cannot be done. The exception to this rule is that teams may combine multiple traded player exceptions together to form one larger traded player exception if the traded player exceptions are generated and consummated in the same trade.

How could one trade produce two seperate trade exceptions?

 

[Errntknght]

Elindholm, >>Great find, JCSunsFan! That seems to be right on target.

Errntknght, my guess is that Coon was using "trade exception" more generally, since techncially the term "trade exception" in the specific sense of things like the leftover Johnson money is a misnomer.<<


I see that Coon uses the phrase "traded player exception" when he wants to talk about what we loosely refer to as a 'trade exception', so that makes it quite certain when he says 'trade exception' he is using it generically.

 

[Chaplin]

I take exception to using the word exception, when exemption is a perfectly good substitute.