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Are S&T's based on good faith? Or are they contractual?

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  • Are S&T's based on good faith? Or are they contractual?

    Reading this article:
    http://www.sun-sentinel.com/sports/m...,4440538.story
    I was wondering how S&T's actually work, is it stated in the contract that its a S&T? or is it done on good faith? Gilbert had stated before that he wants nothing to do with a S&T with Lebron. If its done on good faith, could he sign Lebron and then say "too bad I'm not trading you"?

  • #2
    Contractual. The contract is only valid pursuant to the trade being completed.

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