Turkoglu's trade kicker

lakerfan10770 · Post #1 » by **lakerfan10770** » Mon Jul 12, 2010 6:36 pm

Hedo Turkoglu had a 15% trade kicker, it seems that he had to waive a huge portion of it to make this trade work. If my math is right his trade kicker would have been worth $6,570,000 ($43,800,000 X 15%) and is allocated to the next 3yrs of his contract (4th yr is a ETO). So that makes the annual allocation $2,190,000.

The trade has Barbosa ($7.1M) and Dwyane Jones ($992,680) going out for a total of $8,092,680. With the 125% + $100,000 that makes the max incoming salaries for Phoenix to be $10,215,850. Hedo's salary is $9.8M, so that makes the trade kicker $415,850 X 3 = $1,247,550. If this is correct then Hedo's cap cost is now:

2010-2011 - $10,215,850
2011-2012 - $11,015,850
2012-2013 - $11,815,850
2013-2014 - $12,000,000

If this is correct then he gave up $5,322,450 to make the trade happen. Also it is being reported that he has allowed a portion of his $12M guaranteed salary in 2013-2014 to be unguaranteed, which I didn't know they could do.

Does this looks right?

FGump · Post #2 » by **FGump** » Mon Jul 12, 2010 7:33 pm

I didn't check the math, but in general yep it looks like the right analysis.

Mr. Sun · Post #3 » by **Mr. Sun** » Thu Jul 15, 2010 12:55 pm

lakerfan10770 wrote: Also it is being reported that he has allowed a portion of his $12M guaranteed salary in 2013-2014 to be unguaranteed, which I didn't know they could do.

I had no idea a player could do that either.