JaxDad
DIS Veteran
- Joined
- Sep 23, 2014
I thought I heard Spike Lee’s head exploding...KD and Irving -Nets
K, Walker Celtics
Butler -Miami
I thought I heard Spike Lee’s head exploding...KD and Irving -Nets
K, Walker Celtics
Butler -Miami
I thought I heard Spike Lee’s head exploding...
There's a report that the Warriors just acquired D'Angelo Russell from the Nets in a sign and trade, and the balance things out they traded Andre Iguodala and a 1st round (protected) pick to the Memphis Grizzlies. Protected picks are contingent on the pick not being at a certain positions and where the trade will be for another pick in a later year, that may or may not be protected again.
This is actually a pretty bold move. The Warriors are now getting younger, when their top talent was previously at least approaching 30.
Here's one story:Was just going to post it.
Good move. I like Iguodala but you had to think something was going to happen there.
The Warriors were a success before Durant, so good addition - added bonus in my book.
Supposedly it's a sign and trade. That changes things a bit.Not really. It’s kind of complicated, but the salary cap rules basically won’t allow for the Warriors to sign a star free agent unless they can sign everyone under the hard salary cap. There are exceptions galore, such as signing minimum contracts, drafted players, the mid level exception, resigning players, and (most importantly) Bird rights that allow a team to go over the cap.
Bird rights are where a player will be on the third (early Bird) or later years playing consecutively for the same team. The time also transfers when a player is traded. Durant was eligible for early Bird last season but signed another 1+1 where the second year was a player option that he’s declined. This year he was eligible to be signed for a max 5 years for the Warriors, but 4 as a free agent for any other team. There was talk that they might agree to a max with the expressed understanding that he would be traded to a team of his choice after his rehab year. But now that he’s gone the Warriors don’t free up room to sign anyone.
Kawhi Leonard was traded, so his Bird rights went with him. But if he signs elsewhere the Raptors don’t have the ability to resign a similar player.
There are lots of nuances to the system, especially the sign and trade. But the simple fact is that Durant leaving doesn’t free up room to sign anyone because of salary cap rules.
Apparently they might be able to get a full mid level exception if Livingston leaves. Last year they were well over the salary cap, into the luxury tax, and got a reduced MLE ($5.3 million) used to sign Cousins). The full MLE is about $9 million.
https://www.forbes.com/sites/patrickmurray/2019/02/24/how-can-the-warriors-replace-kevin-durant/
It’s really this weird system where teams like the Warriors can keep their high priced talent but have limited options to bring in new ones. The talk was about teams like the Nets, Lakers, and Clippers shedding salaries in order to get enough under the salary cap to sign two big free agents.
I thought I heard Spike Lee’s head exploding...
Most definitely. But it’s still an attempt to deal with a lot of arcane rules. I thought that with the two sign and trades that they basically substituted for free agent signings where teams could go over the salary cap. They do to some extent, but it’s not unlimited like if they had retained Durant. The salary cap is at $109 million. To do a sign and trade to get Russell they needed to stay under the “apron” at about $139 million, which is why they had to unload Iguodala’s salary. There’s also a salary difference between Durant and Russell. and the Warriors are using a traded player exemption which they have a year to add the salary difference. And they can only sign Durant to 4 years. But the advantage to Nets is now they have (Larry) Bird rights to exceed the salary cap for Durant in future years.Supposedly it's a sign and trade. That changes things a bit.
The really odd thing is that there has been no reporting of what the Warriors are getting back. Apparently the Grizz are using part of his salary to balance out the trade exception the had from unloading Mike Conley. And this article from the Memphis paper says that the Warriors are basically getting nothing in return other than unloading Iguodala's salary:Good move. I like Iguodala but you had to think something was going to happen there.
Rumor is now that the Warriors are looking to trade Russell. However, the whole point of the sign and trade was that the Nets will have Bird rights for future years, and that the Warriors wouldn't leave empty-handed. Now they have a star player and/or a trade piece where they can be creative with the salary cap.
https://basketball.realgm.com/wiretap/254648/Warriors-Expected-To-Eventually-Trade-DAngelo-Russell
The gist is that the Grizz may just be looking to balance the trade exception and will buy out Iguodala's contract. Still - I'm not sure how that works and if the full value of his contract is applied or just the buyout price. But if he's bought out he's a free agent allowed to sign anywhere other than the Warriors. Since the Warriors are trading him to reduce their salary cap number, they can't take him back for a full season.Already a trade rumor before they even get him. I read that the Lakers are interested, but what do they have to give at this point? Their draft picks are already traded for the foreseeable future, they're not going to trade Davis or Le Bron. They're not going to trade Leonard if they sign him. What do they have? If the Warriors were to keep Russel, he's going to have to play better D.
The gist is that the Grizz may just be looking to balance the trade exception and will buy out Iguodala's contract. Still - I'm not sure how that works and if the full value of his contract is applied or just the buyout price. But if he's bought out he's a free agent allowed to sign anywhere other than the Warriors. Since the Warriors are trading him to reduce their salary cap number, they can't take him back for a full season.
Is it wrong for me to laugh at the Knicks and their fans?
Congrats, you got Julius Randall, Tag Gipson, Bobby Portis, and Reggie Bullock. And the nets get Kevin Durant and Kyrie Irving.
I have absolutely nothing against New York and I don't usually laugh at others misfortune. But when it comes to the Knicks, HAHAHAHAHAHHA!!!
Pretty much no flexibility to sign free agents other than on NBA minimum contracts. Already over the cap. Kind of like the Warriors situation with Durant. If Leonard doesn't return, there's little chance of getting anyone close to that talent/price save a sign and trade deal. A team can go well over the salary cap to re-sign players with "Bird rights" but if they leave as free agents, there are serious limits to who they can sign as free agents.But I have absolutely no clue what our front office is facing.