How do trade bonuses affect the salary cap and trades?

For the salary cap, the value of a trade bonus is applied to the team salary among the remaining years of the contract (excluding non-guaranteed years -- see question number 91, and years following an Option or ETO -- see question number 50), in proportion to the percentage of salary in each of those seasons that is guaranteed. For example, suppose the player from question number 83 is traded at the start of the fifth season of his contract. Per the chart in that question, the actual value of his trade bonus that season is $300,000. If every season of the contract is guaranteed, and there is no Early Termination Option, then $150,000 is charged to each of the final two seasons of the player's contract, so a total of $1,150,000 is included in the team salary in each of those seasons. (Note that the allocation is not proportionate to the salary, but rather to how much of the salary is guaranteed. If the player from question number 83 had a higher salary in the sixth season than in the ...  more