What is mid-level exception NBA?

Once a year, teams can use a mid-level exception (MLE) to sign a player to a contract for a specified maximum amount. The amount of the MLE and its duration depend on the team’s cap status.

What is a mid-level trade exception?

MID-LEVEL SALARY EXCEPTION FOR ROOM TEAMS Contracts signed under this exception can cover up to 2 seasons. Teams may use this exception to re-sign their own free agents or another team’s free agents. A team may not use this exception to acquire a player through a trade.

How much is the mid-level exception in NBA?

The Collective Bargaining Agreement provides for three different mid-level exceptions depending on a team’s salary level. The non-taxpayer mid-level for the 2021-22 season is $9.536 million, the taxpayer mid-level is $5.890 million, and the mid-level for a team with room under the Salary Cap is $4.910 million.

What is an exception in NBA?

NBA’s trade exception explained The literal meaning of exception suggests that any player signed by a particular team doesn’t count against the salary cap. They are essentially empty roster spots that the team can use to sign players of the same salary.

Do Lakers have mid-level exception?

It is all in the name. The full name of the MLE is the Non-Taxpayer Mid-Level Exception. Only teams that stay under the luxury tax apron are allowed to use the MLE.

Can mid-level exception split?

While teams can use their entire mid-level exception to sign one player, as the Grizzlies did this year with Kyle Anderson, clubs are also allowed to split the mid-level among multiple players, and that’s a common course of action.

What is NBA Supermax?

The largest salaried contract in the NBA is the ‘supermax’ deal, officially known as the “Designated Veteran Player Exception”, which allows teams that drafted a player (or traded for his rookie deal) to re-sign him for a whopping 35\% of the team’s salary cap, with an 8\% escalation in each subsequent year.

Are trade exceptions good or bad?

The trade exception is the intended solution. If a team uses it, if a team finds deals to its liking, if a team actually is eager to push the payroll to or beyond tax thresholds. One way to look at a trade exception is like an insurance policy or an extended warranty. They are good to have, even if you never use them.

Was Kendrick Nunn a free agent?

Keeping Nunn, under those circumstances, would have been difficult and almost certainly would have meant paying the luxury tax, so the Heat pulled his qualifying offer and made him an unrestricted free agent.

Who has Supermax contracts NBA?

Six players have now signed the supermax, formally known as the Designated Veteran Player Extension: Stephen Curry, John Wall, Russell Westbrook, James Harden, Damian Lillard, and Antetokounmpo. The contracts have all been upwards of $200 million, except for Wall, whose extension was 4 years, $170 million.

Who is eligible for Supermax?

In order to qualify for a “supermax contract”, players must have seven or eight years of service in the league and still be with their original teams, unless they were traded (James Harden) or acquired by assignment via amnesty waiver. If players fit all of these criteria, they qualify for a “supermax” extension.