Today, the major three-way trade involving the Nicks, Timberwolves, and Hornets has officially been completed. The Nicks have acquired All-Star center Towns, sending Randle, DiVincenzo, and a protected draft pick to the Pistons, and sending Jeffries, Charlie Brown, and Little Washington to the Hornets.
According to the labor agreement regulations, the Nicks cannot package multiple minimum-wage players for a trade. Therefore, in this trade, the Nicks exploited a loophole in the rules. Jeffries, Charlie Brown, and Little Washington are all minimum-wage players, but the Nicks chose to give these three players a one-dollar raise, thus completing this major three-way trade.
After the one-dollar raise, these three players are no longer considered minimum-wage within the team, making the trade legal and reasonable.
The Nicks are the first team in the NBA to use this method to complete a trade. It remains to be seen whether the NBA will specifically issue regulations to prohibit this practice in the future.
Nicks Exploit Loophole in Labor Agreement: Increase the Salaries of Three Minimum-wage Players by One Dollar to Complete a Major Three-way Trade. Author：Sports UEFA.Please indicate the source when reproduced：https://www.sportsuefa.com/basketball-headlines/50615.html
