Boston Celtics reportedly create $6.9 million TPE with Juancho Hernangomez trade
The Boston Celtics are fast becoming the NBA’s leading experts on the creation if not always use of traded player exceptions (TPEs), having created yet another one with the three-team trade the franchise pulled the trigger on Tuesday night sending Juancho Hernangomez to the San Antonio Spurs and netting Boston Bol Bol and PJ Dozier.
According to the Boston Globe’s Adam Himmelsbach, the Celtics created a TPE the size of Hernangomez’ $6.9 million salary by absorbing Bol and Dozier into the remaining $5 million TPE created by the deal that sent Kemba Walker to the Oklahoma City Thunder in exchange for Al Horford and Moses Brown.
As with all TPEs, they will have a year to make use of the $6.9 million to absorb as many players’ salary as can fit into it in a non-simultaneous trade, and as an additional bonus shave salary off their cap balance should they seek to get under the luxury tax this season.
Boston will save roughly $4.3 million on their salary cap impact with the trade. https://t.co/vwvorg0kyt
— The Celtics Wire (@TheCelticsWire) January 20, 2022
Roughly $1.7 million over it in Himmelsbach’s estimation, a move to clear it and kick a potential repeater tax further into the future.
This post originally appeared on Celtics Wire. Follow us on Facebook!
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