Ok, a bit of a mistake in that last post. I had said that a possible sign/trade deal would involve Chalmers, Anthony and a trade exception. That was wrong. Anthony isn't under contract. Aside from that though, I'm sure some people are wondering what the hell a trade exception is.
This (from what I understand) is the basic gist of a traded player exception (or, as you've probably been reading it as, "trade exception"). The trade exception is a ruling that comes into play when two teams engage in a trade of two players with unequal salaries. In this case, Bosh (who if signing with Toronto) would make many times the salary of one Mario Chalmers. So, to make the trade work within the CBA, Miami (in order to get Bosh) packs Chalmers along with a massive trade exception. And I do mean massive, we would be looking at minimum 18 million I'm guessing.
Now, I'm not sure if draft picks are allowed to be packaged along with the exception. But if it is, Colangelo is most definitely pushing for it. Draft picks, if you're wondering, hold no monetary value in trades. However, one catch to this miraculous sounding rule, is that the exception can not be used to sign a free agent. Nor can it be combined with another exception (E.g. the mid-level exception) to sign a free agent. But, it is utilized in trades to allow the team holding the exception (i.e. Toronto) to trade for, and take on, higher salaries than they send out. So should Chalmers be coming in, expect him to be packaged out in a trade where a team with a coveted asset (on a high salary) is looking to shed some salary.
So, confused? Hope that cleared up some questions. And don't forget, Colangelo also has another 10 million in trade bait with the expiring contracts of Reggie Evans and Marcus Banks. The off-season is far from over for Toronto.