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Huh for what?
Huh for what?
cap space
Straight dump? Ahh I think they were below cap floor
Taking McGee? I thought Hinkie is a smart, analytical kind of guy? WTH.
interesting trade.
I cant understand why Philly would do this,
Awesome deal for Denver. Guess Philly don't care too much about cap space for next season anyway. Steep price for a pick though.
I think I read Philly would get penalized if salary didn't hit a certain floor and they were below that I could be wrong I hate the CBA
To get a draft pick.
And this
Yes but the penalty isn't that bad - the money to the cap floor would have to be spread between their players.
For $12 mil next season and what's left to pay for this season. That's expensive.
Golden State took 's contract for the #29 pick.
This is beyond stupid.
Yep they paid $10 mil for the 29th pick. Philly is paying $16mil for the 20th (or so).
its not like they're paying JaVale McGee in place of somebody else. they're not going to attract free agents anyway. sound move
Only if McGee actually plays for them. If he's just sitting on the bench, they may as well have stayed under the floor and gave bonuses to the players who have stuck with the team through this season.
The only scenario that makes sense IMO is if they plan to play him and eventually flip him for another asset in the summer or at next season's trade deadline.
They want the pick
I didn't say that they didn't want the pick. It's not a solid trade for them unless they actually use McGee. They are paying him to sit on the bench instead of giving their players bonuses. The pick is almost pointless because they overpaid for it so much.
If they think McGee can add something on the court next season, then trade is fine. Otherwise, having him on the team is bad for morale. That the Sixers value a mid-round pick so much and their players so little is just another way that Hinkie seems to be disconnected with his players. He better be glad that Brown is so likeable.
It's like brewsters millions. They had to spend the money anyway. Either pay some guys bonuses or buy a first round pick (albeit overpriced)
The sixers didn't pay anywhere near 16M for that pick. That may have actually bettered their bottom line by many millions of dollars. It all has to do with the salary cap floor, how it is calculated, and the penalties associated with it.
I'll just use round numbers. The salary cap floor is around 56M. The penalty for ending the season below the floor is equal to the amount the team finishes below the floor. That amount must be paid out to the other players on the roster. Before the McGee trade, the sixers were about 13M below the floor. Without the trade, they would have had to pay that 13M out among the remaining players on the roster at the end of the season. Well, now they add McGee's 11.25M to their team salary, which all counts in calculating how much salary they have committed against the floor. So that 13M they owed the rest of the team is now less than 2M. That's about 11M. Subtract the 4M they owe McGee for the rest of the season, and sixer ownership has bettered their bottom line by about 7M.
So, what about the 12M that McGee is owed for next season? The floor next season will be somewhere between 58-60M. The sixers have less than 20M committed without McGee. Even with McGee, they'll be somewhere around 25M below the floor. Unless you believe that Philly was about to go on some massive free agent spending spree this summer, McGee's contract won't add anything to their projected team payroll next season.
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