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They need to do something with all those expiring contracts.
http://www.dallasbasketball.com/fullColumn.php?id=1927
Breaking: What If Gooden's Contract Is Only $1.9 Mil?
If Our Numbers Are Correct, The Mavs Have Cleverly Created Another Chip
By Mike Fisher -- DB.com
If you’ve read between the lines of our coverage of the Drew Gooden signing, you’ve undoubtedly noticed the wide swath of room I’ve allowed for the exact dollar figures involved in the one-year deal. The Mavs and the mainstream media kept writing that it was for $4.5 million guaranteed; whispers I was hearing kept causing to write that “the guaranteed portion was about half that.’’
I promised to chase this thing down, almost as much out of my stubbornness as its importance as a story. Is it really $4.5 million? Or is it, as I was told the very weekend Gooden said “Dallas here I come!’’ something like $1.8 million? Why have the Mavs been so sly about this? And what difference does it all make?
The answers are very intriguing. … and very promising for the Mavs.
On the Monday after Gooden tweeted his announcement, a source close to the situation told me, “Well, it’s only $1.8 million guaranteed, as you know.’’
I informed my source, “Well, I know no such thing. It’s being reported at $4.5 million.’’
My source reiterated the number and moved on, leaving me believing that one of us – my source or myself – was mathematically challenged.
I hammered on the Gooden details for a week; maybe the task was made more difficult by the fact that, as you remember, he didn’t get signed very quickly after the announcement. So maybe there were still negotiations going on between the two sides? Maybe one side (Gooden’s) was really stuck on the $4.5 mil and maybe the other side (Cuban’s) was really stuck on the $1.8 million?
ESPN was sticking with its $4.5 million number. Another NBA source told me “that’s the number that will be reported (to the league for cap purposes.)’’ So last weekend, I pretty much gave up my chase.
But in the last 24 hours:
*I called back my original source. He said “around $1.8 million’’ again … and while he wouldn’t give more details, he was very insistent.
*At 11 p.m., DallasBasketball.com cap guru David Lord came screeching into my driveway (in a viral way), all sweaty and breathing heavily to tell me he just heard that my $1.8 million was right.
“There's a story here, Fish,’’ D-Lord hollered. “If this thing is structured like it might be, it looks like the Mavs invented another “Buck Shot’’-like contract that can be used in December if needed. It's actually quite creative on their part.’’
*Very early this morning, 75-Member Staffer “JES12’’ (quite a capologist in his own right) got a message board reply from ShamSports, another expert on NBA contracts. Sham had recently written on his site of Gooden’s deal:
Drew Gooden: Signed a one year contract in July 2009. Only $1.9 million is guaranteed, strangely. Contract contains performance bonuses currently listed as "unlikely."
With follow-ups and guidance from JES12, here’s what we think we know:
*The guaranteed amount is indeed “about half the reported number.’’ It’s $1.9 mil.
*So what’s this $4.5 million business? The great Marc Stein, who broke that information, wasn’t wrong; but the fully-guaranteed part of $4.5 mil doesn’t come into play until after Jan 10th. And the $1.9 mil will be pretty much paid by the Mavs before Jan. 10.
*Gooden’s contract is written as $4.5 million, so that does gobble up most of the MLE. However …
*Between Dec. 15 (the earliest Gooden can be traded) and Jan. 10 (when his fully-guaranteed contract becomes fully-guaranteed) the Mavs have themselves yet another valuable trade chip from the same family as The Stack Chip, The DUST Chip and The Buck Shot. Even after Jan. 10, Gooden’s contract can be traded as a regular expiring … . But it's grandest value is this: Dallas can trade him for up to $5.725 mil of value, and the other team can immediatley waive him, take the cap relief and not pay a penny of salary.
If we've got our numbers right ... it's all pretty clever.
The ramifications are many. And promising. We'll have more details for you as the day goes on, but for now: You get relief in the knowledge that Dallas didn't overpay for Gooden. You get to know that while I’m still mathematically challenged, my sources aren’t. And you get to know that the creative number-crunchers in the Mavs front office are working at this stuff even more diligently than the likes of Sham, JES, David Lord and me!
Again, more details throughout the day ...
They need to do something with all those expiring contracts.
Sounds like Gooden's contract is just an inflated bubble, or vividly like a trade exception which can be traded to another team as a filler to balance the salary while doesn't cost the acquirer anything. Obviously such a contract is quite a sweetie for the teams who are financially struggling. Donnie is a genius.
Two Mexicans?
Neither of us is mexican
I was 90% sure Rodriguez was Rogue.
You're still 10% away from your destination, until then you can only consider yourself on the half-way. (quoted from a chinese proverb, check it from djohn2oo8 if you don't believe me)
I'm also su ious Phillip is just stretch, but I can't persuade myself to believe it until i get enough proof to convince myself.
I was 90% sure before this thread was made. I am 100% sure now.
And Phillip is dirk4mvp.
I wish what you said was true but I know I'm still far below by role model, who is an honorable and diplomatic Mav fan on spurstalk. Thanks for your compliment though, your encouragement helps me a lot and will shorten the time it takes me to become as great a poster as my idol is. You are also a big fan of my idol, aren't you?
I'm glad to have so many loyal fans around here, like IronMexican and Rodriguez. Thanks a lot for your support I appreciate it. Though I have to give a correction that Phillip is NOT dirk4mvp, as far as I know dirk4mvp hasn't got any troll even though he has been registered for years.
Plus, I'm just a newbie here compared to other Mavs fans like mono, findog, Ghazi... all of whom are totally my mentors and far more respectable and honorable than my humble self.
im not stretch. stretch was in the chatrooms last night though.
he is stretch... now i finally got it...
Mark & Donnie definitely deserve credit for setting up some nice early season trade chips......but they're also setting themselves up for epic failure & massive criticism if the Mavs don't play up to expectations and they don't get jack squat from these expirings.
lol stretch
lol phillip
You can't trade a player who signs a one year contract without their permission.
lol those chat rooms,
good times
on condition that the player had already played two years for your team before signing the single-year deal. If the player had already played two years for you and signed a new contract with your team, then he would get full bird rights at the end of the 3rd year if you didn't trade him. However, if he got traded in the 3rd year (of course he couldn't get traded back to you as restricted by related rules), then he would lose his bird rights. The rules about the bird rights writes that if a player plays on one team for 3 years without getting waived then he will get bird rights after the 3rd year. Plus, the bird rights goes with the player when he gets traded, which means the player will still have the bird rights when his 3 (or more) year contract expires even if he hasn't played 3 years for his new team. But a single year contract of the 3rd year cannot be combined with the previous two years as an entire body of a 3-yr contract, which means the single year contract has no relation with the previous 2 years, that said, it would be just like the player signed with a new team after he finished the 2nd year with his old team even though he re-signed with his old team. Trading such a player hurts the rights of the player himself, so the league demand the teams get the permission of such players before trading them, otherwise they can't trade them. A typical case happened last year in the mid season when the Mavs were negotiating on a deal with Nets, Donnie packed several players including Devean George but Breath refused to go to NJ, that's why Keith Van Horn was signed and set into his package as an replacement.
For a player who signed with you in offseason as a free agent from another team, he can be moved as soon as the date of 3 month after you signed him, or simply Dec.25 whichever is later.
Gooden has had a lot of injuries last year. I don't think the idea behind the partially guaranteed was to have a trade asset. His contract allows Mavs to save money if his hernia is back.
Saying that, it's true that he could be a good trade asset. With Buckner and Gooden, Mavs have two attractive contracts to trade.
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