The Nuggets will acquire two traded player exceptions in their trade of Carmelo Anthony to the Knicks, one of which will be the largest ever conveyed.

Denver originally was going to receive four traded player exceptions, but the addition of Kosta Koufos changed the equation.

The total salary of outgoing players sent by the Knicks is slightly large enough to receive the incoming players.

The traded player exception for Anthony will be worth approximately $17.15M and is greater than any other in NBA history.

The Knicks will not receive a traded player exception from Minnesota. Eddy Curry and Anthony Randolph are absorbed by the Wolves using their cap space and by sending Corey Brewer to New York in exchange.

Denver was over the cap and this is why traded player exceptions were necessary.

Teams can use traded player exceptions in trades to absorb salary without sending comparable contracts in exchange.

The Cavaliers, Raptors and Jazz received substantial traded player exceptions during the 2010 offseason when they participated in sign-and-trade deals involving LeBron James, Chris Bosh and Carlos Boozer respectively.