The bi-annual exception is one of the tools available to NBA teams who are over the cap, giving those clubs the flexibility to offer free agents more than the minimum salary. In 2026/27, the bi-annual exception is worth $5,477,000 and can be used to offer a deal worth up to $11,227,850 over two years. It can also be used to acquire a player via trade, assuming that player’s contract has no more than two years remaining and won’t pay him more tha…
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