here's what we should expect from mr. wright: [video=youtube;S-d7CWsrjG0]http://www.youtube.com/watch?v=S-d7CWsrjG0[/video]
I'm not sure of all of the details of this 4-way trade, but it sounds like you used cap space to make it work (trade exception to Orlando). Teams that are under the cap don't get the MLE or bi-annual exceptions. You either get your cap space, or the exceptions - not both. And you can't use your cap space in a trade, or signing that puts you over the cap and then re-claim your exceptions. I'm sure this was why Wright and George were included in the deal - to help fill out your bench. Depending on the deal, you may, or may not still have some cap space left, and you may, or may not have had to renounce Parker and Delfino. Those are the details lacking from the reports of this trade. Given that you took back Hedo, Wright and George and only gave back Marion (who you were going to have to renounce to sign Hedo) and Hump, I doubt if you still have much, if any cap space left. We'll have to wait for all the details of the trade to come out to know for sure. BNM
I don't know. I feel like Sessions at the MLE is such a bargain, that they'd happily match it and try to move Ridnour or Jennings (who is far from a sure-thing). If he does leave, I think he leaves in a sign-and-trade.
The point is moot. You don't have an MLE to use on Sessions (or Kleiza, or anyone). BNM Edit: According to this report, you guys get to keep your MLE as a result of this deal. I'm not sure how, seeing that you sent a trade exception to Orlando, but we'll have to wait until all of the details are released.
I'm pretty sure we get to keep the MLE. It's just a matter of figuring out how we did, in respect to your question about the trade exception. I'm not all that sure myself. Maybe it has something to do with all of these moves happening simultaneously? Idunno...
OK, I think I understand it. Apparently the trade exception isn't coming from Toronto, but Memphis (despite several reports to the contrary): Source: NBAroundtable.com
every major sports news publication has us retaining our entire mle as well as the bi-annual and thats thanks to the magic. the details are scant and confusing but ill allow the capologists figure that out. all i want to do now is spend the money prudently in a buyers market to solidly the bench.
I'm out of the country, out of the loop, and completely confused about this deal. Somebody has to fill me in. So Toronto didn't sign Hedo as a free agent, but traded Memphis' trade exception to get him, taking back Devean George and Antonie Wright in the deal, while retaining their MLE by moving Kris Humphries, Shawn Marion, and Nathan Jawai? How in the fudge does that work? Or am I mixed up and this isn't what happened?
It seems we've dealt another future 2nd-round pick to Dallas as part of this deal as well. Is it ours or something we've acquired from another team?
This is confusing. How do you guys get the MLE to spend? Only teams that have the MLE are the ones above the cap when the offseason starts, and you guys clearly weren't. I'm confused.
My understanding is, by signing Marion to trade him along with Humphries, we get Turkoglu who we were initially going to sign anyways. It's the contracts of Wright/George that we also take on that would put us over the cap allowing us to use the MLE to spend. Initially we would have just renounced the rights to Marion, Parker and Delfino after signing Turkoglu which prevents us from having the MLE to use. I could be wrong though.
its amazing how pedestrian nba managment is. last night there was a poster on real gm who brought up the fact that douby couldnt be traded because of the provisions in his contract or whatever and only this morning did 4 nba gm's and their respective personnel realize the same thing.
If a team holds the bird rights of a pending free agent, a "cap hold" comes into play. That cap hold is basically a dollar figure (usually a bit more than their last year of salary) that counts against the team's cap, until that team either (a) re-signs him, at which point his new contract figure is what counts against their cap, or (b) renounces their bird rights to him, at which point all that money is cleared. Before they made a commitment to Turkoglu, the Raptors had the bird rights to Shawn Marion, Anthony Parker, and Carlos Delfino (as well as assorted scrub players), making them over the cap and elligible for the MLE. When they tentatively agreed to a deal with Hedo, they were in a position where they'd have to renounce the rights to Marion/Parker/Delfino and get rid of their cap holds, so that they could clear up enough cap space for Hedo. Once you go below the salary cap you can't go back over it and qualify for the MLE again. Instead of doing that, Colangelo shipped Marion off and brought Turkoglu in with one move. He didn't have to renounce any players because Turkoglu's new contract (through the sign-and-trade) replaces Marion's cap hold. And because he never had to renounce any players, he remained over the cap the entire time and still qualifies for the MLE. Right now the Raptors still have the rights to Delfino (so they can re-sign him without dipping into their MLE), as well as about $8 million in cap space to spend (the MLE and Bi-annual exception).
As long as Bas has to deal with the numbers. I'll be the head of Entire-Subjective and Frequently-Innacurate Scouting.
It's a simultaneous deal. Try to imagine it like every team putting their assets into the pool (Shawn Marion @ $35mill/5 years, Hedo Turkoglu @ $53mill/5 years, Kris Humphries, Nate Jawai, Antoine Wright, Devean George, Jerry Stackhouse, cash considerations, Greg Buckner), and those assets being distributed like this: Dallas gets Marion, Humphries, and Buckner. Memphis gets Stackhouse, the cash considerations to cover buying him out (plus $1mill extra), and Jawai. Toronto gets Turkoglu, George, and Wright. Orlando gets the $7mill trade exemption that was created from Memphis taking on Stackhouse's salary without sending out enough salary to match it. We retain the MLE because we never had to go under the cap to sign Turkoglu. Instead we just replaced Marion's cap hold with Turkoglu's new contract.