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  1. Allow teams to exceed the salary cap

    The purpose is to allow teams to exceed the salary cap in order to re-sign their own free agents, up to the player’s maximum salary. This was a loophole introduced essentially to allow players to be retained more easily by their current teams.
    www.bostonsportsjournal.com/2019/08/08/understanding-bird-rights-mean-impact-celtics-future/
    www.bostonsportsjournal.com/2019/08/08/understanding-bird-rights-mean-impa…
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    What are the different types of Bird rights in the NBA?The NBA further breaks down the exception into three different types: Full Bird Rights, Early Bird Rights, and Non-Bird Rights. The first applies to a player who has spent three years with the same team without leaving in free agency. It allows an organization to offer a max salary between 25-35% of the salary cap.
    What is the Larry Bird exception?However, contrary to popular belief, the Boston Celtics were not the first team afforded relief by what came to be known as the Larry Bird exception. That provision allows teams to exceed the salary cap to retain their free agents. Bird signed a seven-year contract before the 1983–84 season, so he was already accounted for on the cap sheet.
    How do teams get around the Larry Bird cap?One of the other methods teams use to get around the cap is through Bird Rights. Bird Rights, also known as the Larry Bird exception, came into existence in the 1980’s and can be explained as follows, via ThoughtCo .:
    Do teams have 'Bird rights'?Teams are said to have "Bird rights" to players who qualify. To qualify for this exception a player essentially must play for three seasons without clearing waivers or changing teams as a free agent, however there are nuances to this rule, which are explained in question number 32.
    Why do NBA teams use Bird rights?The intent of Bird Rights is to help franchises keep their internal talent by offering lucrative long-term deals that can’t be proposed by other organizations. In other words, it’s an added financial incentive for players to stay with a given organization. For the last four decades, the NBA has allowed for the use of Bird Rights.
    Can a CBA team sign a player with Bird rights?Prior to the 2011 CBA teams were allowed to sign-and-trade (see question number 92) any player to whom they had Bird rights. Bird rights don't automatically go away once the player is out of the league (see question number 32 for details), so many teams continue to hold Bird rights to players who have long since retired.
     
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  4. What are Bird Rights in the NBA? - HoopsHype

    WEBOct 10, 2018 · HoopsHype explains what Bird Rights in the NBA are, and breaks down how they affect teams' salary caps.

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    WEBJul 2, 2021 · Bird signed a seven-year contract before the 1983–84 season, so he was already accounted for on the cap sheet. However, Celtics president Red Auerbach used the new loophole to secure several other …

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    WEBJun 21, 2023 · Bird Rights have different kinds, which are categorized into three rights. First is the Full Bird Rights, where a player should have been part of the team for three seasons without...

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