The Official Trade Announcement

[Aggie Hoopsfan]

You guys are acting ridiculous. But it's amusing......Being that it's Thursday and I got nothing to do...please continue to entertain me with your "I know what's best for this team, more so than an entire F.O." Incase you guys weren't aware, Peter just signs the checks. If you want take your anger out on someone, you might consider R.C. or POP. They make the majority of basketball decisions. I really doubt Peter pockets this $4 million dollars. REALLY, If you believe that Peter Holt's finacial stability rides on the Spurs, PLEASE go spend time SPOONING with Mark Cuban, discussing CONSPIRACY THEORIES.

It's not about Holt's financial stability. It's about more money for quality moonshine.

[spurscenter]

The thing is, we barely beat PHX.

WE needed to add not substract this coming year.

Imagine if we DID face Dallas instead of utah?

[spurscenter]

btw remember when spursreport said scola was going to play for the spurs this season

dynasty in odd years only ;[

SPURSREPORT is a joke.

[jag]

It's not about Holt's financial stability. It's about more money for quality moonshine.

lol quality moonshine

[Marcus Bryant]

Official announcement?

San Antonio (DP) - The Spurs gifted the Rockets Luis Scola and Jackie Butler today...

[jag]

The thing is, we barely beat PHX.

WE needed to add not substract this coming year.

Imagine if we DID face Dallas instead of utah?

subtract = losing jackie butler and Scola (who's never played a minute)??

[itzsoweezee]

subtract = losing jackie butler and Scola (who's never played a minute)??

subtract = the geezer robert horry, another year older, is the first big off the bench.

[ploto]

Some here refused to believe the few who foretold.

Amen.

[Pistol...2K4]

subtract = losing jackie butler and Scola (who's never played a minute)??

Didn't Scola say he would NEVER play for the Spurs a few years ago?? I liked Butler too , but it ain't like he logged alot of minutes last season.

[Marcus Bryant]

Didn't Scola say he would NEVER play for the Spurs a few years ago?? I liked Butler too , but it ain't like he logged alot of minutes last season.

The Spurs spin on it will be that they got a 2nd round pick for two guys who didn't help them win a championship.

[Mr.Bottomtooth]

Spurs Trade For Spanoulis and Cash

AP-
The Spurs have traded center Jackie Butler and forward Luis Scola to the Houston Rockets for Vassilis Spanoulis and a 2009 2nd round pick. Reportedly, R.C Buford, the Spurs General Manager, made this trade after he needed the money since he lost his "Free McDonalds For a Year" Coupon.

[zocool16]

maybe they need the money for timmy's extension?... wow but I'm shocked too guys...

[spurscenter]

well butler is future, but i still dont mind losing butler , if we got something back that was good.

I mean, he raised his stock in vegas and now we send him for a happy meal.

Scola is worth more than Spinolich whatever his name is.

Couldnt Manu step in and talk some sense to Scola like david did with timmy?

[Cherry]

Jackie and Luis (Euro Mvp) traded? NICE MOVE

[Clutch20]

dam.......10 more pounds off, some decent assists and a couple of more dunks, Jackie would have been wearing black and silver this year...........

[BillsCarnage]

maybe they need the money for timmy's extension?... wow but I'm shocked too guys...

my thought exactly.

Or they're clearing some cap room for a trade in the works?

[Mr. Body]

Or they're clearing some cap room for a trade in the works?

As has been pointed out, this trade brings the Spurs to just barely over the luxury tax. They won't be looking to add much more salary.

I can see them coupling Barry with a future first to reduce the tax burden further.

[BillsCarnage]

As has been pointed out, this trade brings the Spurs to just barely over the luxury tax. They won't be looking to add much more salary.

I can see them coupling Barry with a future first to reduce the tax burden further.

How so? I thought they were at about $61mil now. That's approx $7mil under the LT.

[Mr. Body]

How so? I thought they were at about $61mil now. That's approx $7mil under the LT.

Nope. They've pushed past the tax now.

[Clutch20]

It's not that we barely beat Phee-knicks this year, it's that there were too many distractions and hype around the Stoudamire/Nash/Marion triangle. Others chose to stand back and look upon that series as the legitimate perennial contender putting to rest a controversial confrontation (with resounding success).

[Marcus Bryant]

As has been pointed out, this trade brings the Spurs to just barely over the luxury tax. They won't be looking to add much more salary.

I can see them coupling Barry with a future first to reduce the tax burden further.

One thing to consider is that if they are able to get out of Spanolissus' contract without paying him then they will have shed Butler's salary plus netted the cash in the deal, which could ease whatever concerns there may be about the lux tax.

[Mr. Body]

One thing to consider is that if they are able to get out of Spanolissus' contract without paying him then they will have shed Butler's salary plus netted the cash in the deal, which could ease whatever concerns there may be about the lux tax.

According to the new article, Houston includes cash in the deal only to offset whatever it takes to buyout Spannoulis from his contract. Therefore, if Spannoulis leaves it all on the table, Houston pays nothing.

So the only thing that has happened is Butler's contract has been struck out completely and a 2009 second has come into the fold. Essentially it is Jackie Butler for nothing and Scola for a future late second pick.

[BillsCarnage]

Nope. They've pushed past the tax now.

Did i miss a $5mil signing somewhere?

According to hoopshype - http://www.hoopshype.com/salaries/san_antonio.htm - they're at $61mil, add Spanoulis at $1.9mil and the Spurs are at $63mil. Splitter won't cost them anything this year. Even adding some mini contracts to fill the bench i doubt they'll reach the tax threshold.

[Marcus Bryant]

According to the new article, Houston includes cash in the deal only to offset whatever it takes to buyout Spannoulis from his contract. Therefore, if Spannoulis leaves it all on the table, Houston pays nothing.

So the only thing that has happened is Butler's contract has been struck out completely and a 2009 second has come into the fold. Essentially it is Jackie Butler for nothing and Scola for a future late second pick.

If the Spurs have to pay all or part of Spanoulis' salary, it will be offset by the cash the Rockets included in the deal.

They got the cash and if they have to pay Spanoulis then it's offset by that. So if they don't have to pay him they pocket it all.

[Mr. Body]

They got the cash and if they have to pay Spanoulis then it's offset by that. So if they don't have to pay him they pocket it all.

It's a tough read. Maybe I'm wrong, but I'm reading it that Houston's cash will only be included if Spannoulis has money coming to him (and it will equal that amount).