The trade activity at the 2013 Deadline was tepid, largely due to concerns teams have about going over the tax.

In past seasons, teams have been comfortable paying the tax on a dollar-for-dollar basis.

The tax under the new collective bargaining agreement is far more punitive.

"I came to work today in a hearse with a black suit, black top hat because its dead out there," said one agent.

The agent blamed the new CBA and Billy Hunter for the lack of trade activity.

Executives from teams also blamed the new CBA.

"This is a pure CBA deadline," one general manager told Ken Berger of CBS Sports on Thursday evening. "If you can't get a first for J.J. Redick, this is a different world. That guy is a surefire lock to garner a first round pick in the past."