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So if say Harangody is in the D league, and his rights are swapped to another D team... the pro contract he signed with Clev is still valid if he is called up by a different NBA team?
As I understand it:
If someone like Selby (under contract with the Cavs) is assigned to Canton, I doubt he can be "traded" or "reassigned" to another D-L affiliate. Must stick with Canton. If he is traded by the Cavs to another NBA team, that new NBA team can decide whether to send him to the D-League (an affiliate team if they have one).
Harangody was waived by the Cavs, but they still owe him the rest of the guaranteed money on his contract. He can play in the D-League after being waived, and I'm sure he can be shuffled around according to D-League rules. If he signs with a new NBA team, they don't assume the Cavs contract (they would have assumed the Cavs contract if they claimed him on waivers). Instead, the new NBA team negotiates a brand new contract with Harangody. Typically, it will be the minimum contract or something close for a player who passed through waivers. I believe Harangody then gets to 'double dip' (payments from Cavs and new team), although perhaps there are some restrictions to that. The new NBA team can assign Harangody to their D-league affiliate if they have one (or another D-league team).
Basically, I don't think some D-league transactions are possible for players under NBA contract, and any transactions involving a contracted NBA player are going to flow through the NBA teams down to the D-league, not the other way around.