When they extended the CBA last year, they revised the 8-year signing limit to allow players who are signed through the upcoming trade deadline to be able to sign an 8-year extension with their current team, whether they were with that team at the previous trade deadline or not.
This was prompted by the Stone contract in Vegas, where he couldn't technically sign his new contract until after the trade deadline had passed because he wasn't on Vegas at the "last trade deadline" (there were also issues with the "tagging" rule that were also changed because of Stone).
Because of that change, Jones will be able to sign an 8-year extension with Chicago on Wednesday.
Quote:
Traded Player Ability to Sign an 8-Year SPC
CBA §50.8(b)(iv) shall be amended to provide that when a Club acquires a Player who is signed through the subsequent Trade Deadline, it can immediately sign him to an 8-year SPC without waiting until the subsequent Trade Deadline if otherwise permitted to do so under Section 50.5(f).
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Hyman can only sign an 8-year extension with the Leafs and no one else because he is on an expiring contract, so the "last trade deadline" rule still applies in his situation.