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Steve Nash going to L.A. Lakers in sign-and-trade deal
Steve Nash going to L.A. Lakers in sign-and-trade deal
Published: 2012/07/05
Channel: ABC15 Arizona
Clippers acquire Danilo Gallinari from Nuggets via sign-and-trade; Hawks also involved
Clippers acquire Danilo Gallinari from Nuggets via sign-and-trade; Hawks also involved
Published: 2017/07/05
Channel: CBS Sports
Jae Crowder trade rumors: Why a Boston Celtics sign-and-trade makes little sense
Jae Crowder trade rumors: Why a Boston Celtics sign-and-trade makes little sense
Published: 2017/07/06
Channel: MassLive
Gordon Hayward SIGN-and-TRADE Scenarios for CELTICS - JAZZ - Celtics Roundtable
Gordon Hayward SIGN-and-TRADE Scenarios for CELTICS - JAZZ - Celtics Roundtable
Published: 2017/07/06
Channel: CLNS Media Network
Report: Clippers working on sign-and-trade to acquire Gallinari from Nuggets
Report: Clippers working on sign-and-trade to acquire Gallinari from Nuggets
Published: 2017/07/04
Channel: CBS Sports
CJ Miles Sign And Trade To Raptors!! - Nba 2k17 Pro-Am Gameplay
CJ Miles Sign And Trade To Raptors!! - Nba 2k17 Pro-Am Gameplay
Published: 2017/07/09
Channel: Tyus Tisdale
Raptors Acquire C.J. Miles - The Raptors and Pacers have completed a sign-and-trade
Raptors Acquire C.J. Miles - The Raptors and Pacers have completed a sign-and-trade
Published: 2017/07/09
Channel: Sport My Life
*RAPTORS TRADE CORY JOSEPH TO INDIANA FOR CJ MILES!!!*
*RAPTORS TRADE CORY JOSEPH TO INDIANA FOR CJ MILES!!!*
Published: 2017/07/09
Channel: T.O SportsTalk
Warriors Sign Nick Young! Celtics Eyeing Marc Gasol Trade! NBA Free Agency 2017
Warriors Sign Nick Young! Celtics Eyeing Marc Gasol Trade! NBA Free Agency 2017
Published: 2017/07/05
Channel: Chris Smoove
Trump changes tone on China and trade
Trump changes tone on China and trade
Published: 2017/11/09
Channel: ABC News
Stephen A. Smith reacts to Dwyane Wade signing with Cavaliers | First Take | ESPN
Stephen A. Smith reacts to Dwyane Wade signing with Cavaliers | First Take | ESPN
Published: 2017/09/27
Channel: ESPN
BREAKING NEWS! JAY CROWDER INVOLVED IN UTAH JAZZ TRADE TALKS IN SIGN AND TRADE FOR GORDON HAYWARD!
BREAKING NEWS! JAY CROWDER INVOLVED IN UTAH JAZZ TRADE TALKS IN SIGN AND TRADE FOR GORDON HAYWARD!
Published: 2017/07/06
Channel: TICKETtv
Chris Bosh Sign and Trade ideas
Chris Bosh Sign and Trade ideas
Published: 2010/05/04
Channel: maddballa
Steven Stamkos could become the first
Steven Stamkos could become the first 'sign-and-trade' in NHL history!
Published: 2016/06/29
Channel: nextsportstar
GameTime: Sign & Trade for Gordon Hayward?  17 NBA Free Agency
GameTime: Sign & Trade for Gordon Hayward? 17 NBA Free Agency
Published: 2017/07/06
Channel: Ximo Pierto Backup
Report: Raptors land C.J. Miles in sign-and-trade with Pacers
Report: Raptors land C.J. Miles in sign-and-trade with Pacers
Published: 2017/07/09
Channel: CBS Sports
Amir Johnson Agrees To Deal With 76ers | The Jump | ESPN
Amir Johnson Agrees To Deal With 76ers | The Jump | ESPN
Published: 2017/07/02
Channel: ESPN
Celtics Trying To Sign Gordon Hayward And Trade For Paul George | SC6 | June 27, 2017
Celtics Trying To Sign Gordon Hayward And Trade For Paul George | SC6 | June 27, 2017
Published: 2017/06/27
Channel: ESPN
I
I'm Confused | Gordon Hayward Trade To Celtics | Possible Sign and trade Involving Jae Crowder
Published: 2017/07/07
Channel: LKJ
Steve Nash signs with the Lakers! (Sign and Trade with Phoenix)
Steve Nash signs with the Lakers! (Sign and Trade with Phoenix)
Published: 2012/07/05
Channel: crowofdebt
Raptors, Pacers swap Miles, Joseph in sign-and-trade
Raptors, Pacers swap Miles, Joseph in sign-and-trade
Published: 2017/07/09
Channel: jamall king
Cory Joseph sign and trade! More stuff in the NBA
Cory Joseph sign and trade! More stuff in the NBA
Published: 2017/07/10
Channel: Fast Sports
Rebuiding the Boston Celtics who they should draft, sign, and trade for!
Rebuiding the Boston Celtics who they should draft, sign, and trade for!
Published: 2016/05/27
Channel: Basketball Analysis
Toronto Raptors sign and trade Corey Joseph for CJ Miles
Toronto Raptors sign and trade Corey Joseph for CJ Miles
Published: 2017/07/09
Channel: Anti HHH McMahon LeBron
Sources: Steve Nash To The Lakers [HD]
Sources: Steve Nash To The Lakers [HD]
Published: 2012/07/05
Channel: Vo1tzHD
Knicks want to sign and trade Derrick Rose
Knicks want to sign and trade Derrick Rose
Published: 2017/07/03
Channel: Anti HHH McMahon LeBron
Brandon Jennings Sign and Trade to Detroit Pistons
Brandon Jennings Sign and Trade to Detroit Pistons
Published: 2013/07/30
Channel: yournbaview
Valley reaction to Nash trade
Valley reaction to Nash trade
Published: 2012/07/06
Channel: ABC15 Arizona
So You Want to Work in Trade Show, Sign and Display
So You Want to Work in Trade Show, Sign and Display
Published: 2017/10/25
Channel: The LMCI
KYRIE TO THE JAZZ?!
KYRIE TO THE JAZZ?!
Published: 2017/06/30
Channel: AlexWatsonGaming
Hornets To Acquire Anderson From Magic In Sign-And-Trade Deal
Hornets To Acquire Anderson From Magic In Sign-And-Trade Deal
Published: 2012/07/09
Channel: Aussie Bogut
Cavs Sign Derrick Rose! LeBron Won
Cavs Sign Derrick Rose! LeBron Won't Waive No Trade Clause! NBA Free Agency 2017
Published: 2017/07/24
Channel: Chris Smoove
Fantasy Football 2017: Can You Drop These Players?
Fantasy Football 2017: Can You Drop These Players?
Published: 2017/10/10
Channel: FNTSY Sports Network
7-23-12 Green Bay Butkus Males and Trade Sign and Ranger dan Hounds
7-23-12 Green Bay Butkus Males and Trade Sign and Ranger dan Hounds
Published: 2012/07/23
Channel: TheBull4202
JAYLEN BROWN TRADED? - 247 Sports
JAYLEN BROWN TRADED? - 247 Sports
Published: 2017/07/07
Channel: 247 SPORTZ
Lakers Acquire Steve Nash From Suns In Sign-And-Trade! Will Dwight Howard Land With The Lakers?
Lakers Acquire Steve Nash From Suns In Sign-And-Trade! Will Dwight Howard Land With The Lakers?
Published: 2012/07/05
Channel: TheyCallMeSports
Dan Patrick Reacts to Chris Paul
Dan Patrick Reacts to Chris Paul's Trade to the Rockets | 6/28/2017
Published: 2017/06/28
Channel: Dan Patrick Show
LA Lakers sign and trade for Steve Nash (Breaking news with Analysis)
LA Lakers sign and trade for Steve Nash (Breaking news with Analysis)
Published: 2012/07/06
Channel: raidermaxz
Joe Haden to the Pittsburgh Steelers! Steelers Sign Haden and Trade Ross Cockrell to New York Giants
Joe Haden to the Pittsburgh Steelers! Steelers Sign Haden and Trade Ross Cockrell to New York Giants
Published: 2017/09/03
Channel: Bengal
Sean Penney on Gordon Hayward signing
Sean Penney on Gordon Hayward signing
Published: 2017/07/06
Channel: CLNS Media Network
Isaiah Thomas to the Suns
Isaiah Thomas to the Suns
Published: 2014/07/30
Channel: Austin SportsLover
Steve Nash Traded to Lakers
Steve Nash Traded to Lakers
Published: 2012/07/05
Channel: TYT Sports
NBA free agency: Celtics-Jazz sign and trade reportedly stalls; cap space sought
NBA free agency: Celtics-Jazz sign and trade reportedly stalls; cap space sought
Published: 2017/07/07
Channel: Morgan Matthews
Obama News Conference on Cap And Trade "I Will Sign It"
Obama News Conference on Cap And Trade "I Will Sign It"
Published: 2009/03/25
Channel: Speakmymind02
San Jose Sharks Land Brent Burns and Trade Setoguchi
San Jose Sharks Land Brent Burns and Trade Setoguchi
Published: 2011/06/25
Channel: rollercoasterfweak
Steve Nash Traded to the Los Angeles Lakers! Are the Lakers Now a Contender?
Steve Nash Traded to the Los Angeles Lakers! Are the Lakers Now a Contender?
Published: 2012/07/05
Channel: Sports Fan Entertainment
The EU and Canada sign historic CETA trade treaty - world
The EU and Canada sign historic CETA trade treaty - world
Published: 2016/10/30
Channel: euronews (in English)
Steve Nash To Lakers and Ray Allen To Heat
Steve Nash To Lakers and Ray Allen To Heat
Published: 2012/08/10
Channel: MaddenMatt2012
STEVE NASH JOINS LAKERS!
STEVE NASH JOINS LAKERS!
Published: 2012/07/05
Channel: AvengedDeathPunch57
Carolina Panthers sign Peppers, Mike Adams, and trade Ealy
Carolina Panthers sign Peppers, Mike Adams, and trade Ealy
Published: 2017/03/10
Channel: Michael Ricks
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WIKIPEDIA ARTICLE

From Wikipedia, the free encyclopedia
  (Redirected from Sign-and-trade)
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In the National Basketball Association, a sign-and-trade agreement is a type of contract (allowed by the collective bargaining agreement [CBA]) wherein one franchise/team signs an unrestricted free agent player to a new contract, only to then immediately trade him to another team (of the player's choosing). This is typically done to enable the player to obtain a higher salary and/or greater number of years on their contract than NBA salary cap rules ordinarily allow the destination team, itself, to provide the player.[1]

Benefits & Function[edit]

The sign-and-trade helps NBA teams capitalize on financial assets that they would otherwise lose—with nothing gained in return—if a player became a free agent. It is a factor in the departing player's increased salary and extended contract. It helps the team gaining the player, by enabling it to offer a better/more economically competitive contract to the player, than otherwise would be allowed under league rules. Often, circumstances arise wherein a team—knowing that one of its players is planning on pursuing (unrestricted) free agency in the coming off-season—knows that at least one other NBA team is sure to sign him. The unrestricted free agency status prevents the team from stopping or financially benefiting from a new deal the player may sign with any other team(s); so, the player could sign with another team, leaving the original team with neither money nor a replacement (i.e., a player traded from the acquiring team, to them) player, in exchange. However, because the original team starts out as the player's current contract holder, the team can offer the player more money per year than any other team, and, can sign the player to a longer-lasting contract—per the league's CBA. Therefore, it is in the player's economic best interests to get the richest/longest deal possible by re-signing with the current team, then be traded to the new team—which, under NBA rules, will be obligated to honor the newly signed contract's terms—rather than pursue outright free agency, alone. The player's original team will receive players, cash, and/or (future) draft picks in return for the departing player, depending on the terms of the trade.

Rescission[edit]

Sign-and-trades are considered to be "atomic transactions", under NBA rules: If the acquiring team cancels the trade for some reason, then the new contract signed with the initial team is voided, too. This prevents the initial team from being 'stuck' with a player they either do not want (and/or, who doesn't want them) or cannot afford to keep (on the new deal's terms); the player, too, is protected from being 'stuck': contractually obligated to a new team that he may no longer want to work for. Such an event happened in 2005, when Shareef Abdur-Rahim was acquired by the New Jersey Nets in a sign-and-trade with the Portland Trail Blazers. The trade was subsequently canceled by the Nets, when a physical exam detected scar tissue (which increases the odds of future injury) in Abdur-Rahim's knee. As a result of the cancellation, Abdur-Rahim once again became a free agent; his new contract with the Trail Blazers (who had his "Bird rights") was voided, and he later signed with the Sacramento Kings.[2]

References[edit]

  1. ^ Stein, Marc (May 12, 2011). "Sources: NBA delayed hard cap in offer". ESPN.com. Archived from the original on November 7, 2011. 
  2. ^ "Nets Back Away From Trade for Abdur-Rahim". Los Angeles Times. August 10, 2005. 

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