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Re: [Celtics' Stuff Rogers for Daniels?
In a message dated 7/28/02 2:34:53 PM Pacific Daylight Time, Celtic4Hire
writes:
> I wasn't aware of this 3 year rule. So you are saying that we can't trade
> anyone of our free agents that sign to a one-year contract?
If you want to re-sign one of your own FA's specifically for a sign and trade
deal, the contract has to be for a minimum of three years. From Larry Coon's
FAQ's website:
69. Can a free agent be signed and immediately traded?
Under no circumstances can a team sign and then trade another team's free
agent. But there is a special rule that allows teams to re-sign their own
free agents for trading purposes, called the sign-and-trade rule. Under the
sign-and-trade rule, the player is re-signed and immediately traded to
another team. This is done by adding a clause to the contract which
stipulates that the contract is invalid if the player's rights are not traded
to the specific team within 48 hours. A sign-and-trade deal can be made even
with players that have been renounced. However, a sign-and-trade deal cannot
be made when the player was signed using the Mid-Level, $1 Million or
Disabled Player exception. Sign-and-trade deals are only allowed if the
contract is for three years or longer.
Sundov was signed for a one year deal with his option for Year 2. I'm not
sure of his Bird rights status. My understanding is that Bremer signed a one
year partially guaranteed with the C's option for Year 2 if he makes the
team. I don't know how much trade value either would have.
Songaila has yet to sign but would not have Bird rights.
73. If a sign-and-trade is not used, when can a team trade a free agent it
signs? Do they have to keep him forever?
A player cannot be traded until three months after signing a contract or
December 15th of that season, whichever is later. If the player is playing
under a one-year contract and will have Larry Bird or Early Bird rights at
the end of the contract, he can't be traded at all.
CeltsSteve
"Laissez Les Bon Temps Roulet"