REPORT: Cavs have 2 more trade exceptions to use by October from Richard Jefferson, Kay Felder trades
On top of a trade exception created from the Kyrie Irving trade with the Boston Celtics, the Cleveland Cavaliers have two more that will expire in October, a few days before the regular season starts.
As reported by Joe Vardon of Cleveland.com, the two Cavs’ exceptions will expire by October 15.
Cleveland has a $2.5 million trade exception for trading Richard Jefferson and a $1.3 million exception for dealing Kay Felder.
It should be noted that such trade exceptions cannot be stacked and the Cavaliers, therefore, cannot combine these two in exchange for a more expensive player. The Cavaliers have two more spots available in their roster. The 13th and 14th spot are reserved for Rodney Hood and David Nwaba — both of which are still fixing their contracts. The Cavs can use the trade exception to sign a free agent. But reports reveal that they intend to let prospects at camp to battle for the last spot.
In addition, the Cavaliers still have a $3 million trade exception left to use by Wednesday. To recall, the Irving trade Isaiah Thomas, Jae Crowder, Ante Zizic, and two draft picks, also created a $5.8 million trade exception. The Cavs used $2.8 million of it to get Sam Dekker from the Los Angeles Clippers. Reports reveal that the Cavs do not intend to use the remaining $3 million.