INDEPENDENCE, Ohio -- Cavaliers general manager Chris Grant confirmed Monday what an NBA source told FOX Sports Ohio last week: That the team has been given the remaining time on a 14.5 million trade exception obtained in the summer of 2010.
The exception, which can be used in a number of trade scenarios, expires Friday.
Grant said the Cavs may use it or may let it expire, depending on what is available. We want to be disciplined (in making transactions), he said.
The Cavs obtained the exception as part of the deal involving LeBron James departure to the Miami Heat.
Trade exceptions are like holiday gift cards that come with an expiration date. Its free money -- but money you dont have to spend if it means handcuffing yourself to long-term or overly expensive contracts.
Teams often let the exceptions expire, and it would not be a shocker if the Cavs did exactly that. They will, however, put it on the market between now and Friday to see if theres a deal worth making. Sometimes,...