In response to Fierce34's comment:
In response to Mployee8's comment:
Did the Miami Heat give the Cavs a trade exception?
No ... it was generated when LeBron was traded for draft picks only .... Miami wasn't in possession of a TPE.
The C's don't even need to trade him. They can waive him and resign him with an exception (Vet, BAE or MLE) if he is willing to stay on with the $5MM buyout and exception $. He could then be traded when a good situation comes up.
Miami gave the Cavs a trade exception after July 1.
Right now the Kings and Suns have the lowest payroll, 53m.
Remember, the season is not over, so the expiring contracts still count against the cap.
If the Celts wait after June 30 then Pierce's 15.3m becomes guaranteed.
Pierce is attractive to some of the teams now because he can be waived on or before June 30. But the Celts would have to take back contracts in return.
So if the question is can a team give the Celts a trade exception right now, the answer is no.
I'm pulling a Fungus34 here .... Teams don't trade exceptions. New exceptions are generated in the name of the team that trades away more than it gets. One team cannot trade its exception to another team. Get it?
Now if you are saying that a player can't be traded pre-draft for a draft pick only, that in turn generates a trade exception as a result of the $0 attributed to the draft pick, then I'd like to see the rule that says so cause I myself don't know. BosoxJoe says it's doable but I haven't been able to confirm yet.
Toronto is desparate to unload Bargnani before 7/1 so Pierce would obviously be attractive to them as a salary dump though they'd have to provide another $4MM in player salary to make the trade work.