Quote:
Originally posted by darknezx!
But what do the Kings get in return? I thought draft picks had no value? If so what did the kings get in return for Keon Clark's salary, since they're over the cap?
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Well, draft picks have "value", they just count as $0 for matching purposes in trades. Coincidentally, cash also counts as $0 for matching purposes in trades. But getting cash clearly has "value" to a team.
You might be making this too hard. The assigned player exception (as the FAQ points out) says that a team must take back less than 115%+$100,000 of what they give out.
In Sacramento's situation, they gave Clark (counted as $5 million for trade purposes) and two second round picks (each counted as $0 for trade purposes), so they had to take back less than $5.875 million.
They took back a draft pick which counted as $0 for trade purposes. Since $0 is less than $5.875, the trade works using the assigned player exception. It also means that Sacramento received a trade exception (which can only be given when the assigned player exception is used).
So, what did Sacramento get out of the deal? A draft pick and a sizeable trade exception. They also got $5 million in cap relief.