What is the assigned player exception?
As described in question number 66 , exceptions are the mechanisms that allow teams to function above the salary cap. Any trade which results in the team ending up over the salary cap requires an exception. This is true even if the team is moving downward in salary. For example, if the salary cap is $42.5 million, a team has a team salary of $50 million, and they want to trade a $5 million player for a $4 million player, they still have to use an exception, Even though their team salary would be decreasing by $1 million, the fact that they would still be over the salary cap ($49 million) means that an exception is required. The assigned player exception is the primary means used by teams over the cap for completing trades. It allows teams to make trades that leave them over the cap, but it places several restrctions on those trades. Mainly, a team cannot use the assigned player exception to acquire in trade more than 115% plus $100,000 of the salaries they are trading. For example, a t
