NBA rumors: Warriors' enormous $17.2M trade exception expires Oct. 24

NBA rumors: Warriors' enormous $17.2M trade exception expires Oct. 24

There's currently an enormous cloud of uncertainty hovering over the NBA, but on Saturday, some sunshine broke through and provided the Warriors with some needed clarification.

It will be a critical offseason for Golden State, and the Warriors now know what are its two most important dates. The league announced that the 2020 NBA Draft -- in which Golden State is guaranteed to have a top-five pick -- will be held on Oct. 16. Additionally, free agency will begin at 3 p.m. (Pacific) on Oct. 18., with a moratorium on announcing contract agreements lasting from Oct. 19-23.

There is, however, a third crucial date for the Warriors, and they reportedly got clarification on that as well. According to ESPN's Bobby Marks, Golden State's $17.2 million traded player exception (TPE) will expire on Oct. 24.

The TPE -- which the Warriors received as part of the Andre Iguodala trade with the Memphis Grizzlies last summer -- permits Golden State to absorb a player's salary up to $17.2 million. It originally was scheduled to expire on July 7, but with the season calendar extended due to the coronavirus pandemic, that deadline was pushed back.

[RELATED: Everything to know about Warriors' $17.2M trade exception]

So, the Warriors will have 36 hours after the conclusion of the free-agency moratorium in which to utilize the TPE -- the same as it was with the previous deadline. They can't announce any trades prior to that 36-hour period, though they will be able to negotiate with other teams during that time.

With the huge TPE, a top-five draft pick and reports of interest from free-agent veterans, the Warriors are going to have a lot packed into a week that, if capitalized on, could vault the franchise back into championship contention for many years to come. They have to figure out how to accomplish that, and now they know by when.

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Steph Curry says NBA players upsetting President Trump doing 'right thing'

Steph Curry says NBA players upsetting President Trump doing 'right thing'

Steph Curry isn't able to peacefully protest in Orlando, Fla., but he's proud of what his NBA peers are doing with their platform.

Throughout the NBA restart at the ESPN Wide World of Sports complex, entire teams have taken a knee during the playing of the national anthem to protest racial and social injustices. Players are wearing social justice messages on their uniforms. They are using their Zoom conference calls with reporters to call for equality and for the Louisville police officers who shot Breonna Taylor to be arrested.

In particular, United States President Donald Trump has taken exception to NBA players kneeling during the national anthem, stating that he's turning off games because of the action.

But Curry believes if NBA players are angering President Trump, their message is the right one.

“My barometer is always, if the current president is upset about something that somebody’s speaking out on, then you’re probably saying the right thing," Curry told The New York Times' Marc Stein on Monday. "Whether they’ve knelt, or sacrificed an interview to talk about Breonna Taylor, or whatever’s important, they’re talking about it and they’re backing it up with action.”

Los Angeles Lakers star LeBron James spoke to reporters last week about President Trump turning off NBA games because players are kneeling.

"I really don't think the basketball community are sad about losing his viewership, him viewing the game," James said last Wednesday. "And that's all I got to say."

[RELATED: Seth Curry believes missing NBA restart tough for Steph]

Curry, LeBron and the rest of the NBA community understand what they are trying to accomplish with their actions and words. They are making a push for justice and equality in society. They are not concerned with President Trump's opposition.

And as Curry indicated, if the current president opposed what they are doing, they should keep doing what they are doing.

How Steph Curry feels watching brother Seth in NBA bubble restart

How Steph Curry feels watching brother Seth in NBA bubble restart

Seth Curry has gotten accustomed to watching his brother Steph make deep runs in the NBA playoffs year after year, as the Warriors advanced to the NBA Finals in each of the past five seasons.

But 2019-20 saw the script flipped for the Curry family, as Seth and his Dallas Mavericks will be among the eight Western Conference teams in the 2019-20 playoffs, while Steph and Golden State finished at the bottom of the West standings, going 15-50 before the NBA's suspension of the season in March.

“For most of my career, I’m usually the one who’s been home watching Steph late in the season,” Seth told the New York Times' Marc Stein. “Now it’s the other way around and I’m still at work. I can tell it’s a little tough on him.”

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Steph did tell Stein that he's felt a bit of "FOMO" about the Warriors not being among the 22 NBA teams initially chosen to play in the NBA's restart in Orlando, Fla.

“Obviously I was happy to see basketball back on TV, but that first week I had major FOMO (fear of missing out),” he told The New York Times' Marc Stein on Sunday night. "Once you see Bron (LeBron James) and Kawhi (Leonard) and P.G. (Paul George) go at it, and you remember how much fun it is to play in those types of games and that kind of level, you miss it badly."

The two-time NBA MVP played in just five games this season after breaking his hand early in the season, and with fellow Splash Brother Klay Thompson missing the entire season while rehabbing from a torn ACL, there wasn't much hope for a return to the NBA Finals this season.

[RELATED: Why Bazemore-Warriors reunion in free agency makes sense]

Hypothetically getting nine months to recover before the 2020-21 season will be critical for Thompson and Curry after so many extra playoff games over the past five years.

It's not surprising that the hyper-competitive Steph would be a bit jealous of his brother, but he also told Stein he could see himself trekking to Orlando with his family to watch Seth and the Mavericks if they can advance out of the first round of the playoffs.