GMAT: March Madness Edition: APPROVED TRADES

[SamBone]

#41 Minnesota and Detroit have a trade:

Minnesota sends: Tiago Splitter($3,672,000) + Jon Brockman($1,000,000) + 2013 OKC 2nd = $4,672,000

Detroit sends: Anthony Morrow($4,000,000) + Vernon Macklin($473,604) + 2013 NJN 1st + 2015 Detroit 2nd = $4,473,604

Minnesota will also send $3m in cash considerations.

[SamBone]

Trade 26: Indiana Pacers and Phoenix Suns

Indiana Trades

Darren Collison -$1,455,960
Louis Amundson - $2,763,450
2012 Indiana 1st (unprotected)

Phoenix Trades

Steve Nash - $11,689,062
Grant Hill - $6,500,000
Total = $18,189,062

*The deal works as Indiana have $16.2m cap space. This takes our total salary to $57,742,688

[SamBone]

#38


Kings Trade:

Marcus Thornton (7,000,000)
Jason Thompson (3,001,284)
Tyler Honeycutt (775,000)
Hassan Whiteside (762,195)

Total: $11,363,760


Hornets Trade:

Jarrett Jack (5,000,000)
Trevor Ariza (6,790,640)

Total: $12,010,640

[SamBone]

42#

PHI and MIA have a trade to announce. 2 parts.


Part 1

PHI outgoing:
Kobe Bryant $25,244,493

MIA outgoing:
Dwayne Wade $15,691,000
Mike Miller $5,400,000
total: $21,091,000

Part 2

PHI outgoing:
Tony Parker $12,500,000
Jodie Meeks $854,389
total: $13,354,389

MIA outgoing:
Joel Anthony $3,600,000
Shane Battier $3,000,000
Mario Chalmers $4,000,000
total: $10,600,000

[SamBone]

#44- Dallas and Chicago

CHI trades
Butler - $1,020,960
Rip - $5,000,000
Total - $6,020,960

Dallas trades
West - $854,389
Carter - $3,000,000
Total - $3,854,389

Chicago gets a $2,166,571 TPE from this deal.

[SamBone]

NOH releases Donald Sloan, Lance Thomas.

both are fully UNG so no cap hit is needed

[Karmaloop]

trade #43
NY and Philly make a deal

Philly trades
LaVoy Allen $473,604

NY trades
Jefferies $854,389

both are min guys so it works
NY does this simply cause we love LaVoy! add to that my personal dislike for Jefferies (and his brother in law) so had to do it. Hopefull LaVy can keep his college apartment on Broad like he is this season and make the short drive up to NY! Welcome to the Big Apple big fella

[SamBone]

Trade #45: Los Angeles Lakers - Atlanta Hawks

Los Angeles Lakers Receive:
PG Ramon Sessions ($4,257,973)
SF Andres Nocioni ($6,650,000)
SF Rudy Gay ($15,032,144)
2012 1st Round Pick (from Sacramento)***
Total Salary: $25,940,117

Atlanta Hawks Receive:
PG Derek Fisher ($3,400,000)
SF Luke Walton ($5,680,000)
C Andrew Bynum ($14,900,000)
Total Salary: $23,980

***2012 first round draft pick to Cleveland
Sacramento's own 2012 first round draft pick to Cleveland (top-14 protected in the 2012 Draft, top-13 protected in 2013, top-12 protected in 2014, top-10 protected in 2015, top-10 protected in 2016 and top-10 protected in the 2017 Draft) If Cleveland has not received a first round pick from Sacramento by 2017, then Sacramento shall convey their own 2017 2nd round draft pick to Cleveland provided it is within the top-55 picks. If it is not, then Sacramento's obligation to Cleveland shall be extinguished. (Cleveland-Sacramento, 6/30/2011)

[SamBone]

#46

ORL sends:
andre iguodala ($13,531,750)
marc gasol ($12,922,194)
jason richardson ($5,395,000)

$1M cash considerations

Total: $31M

PHI sends:
Dwyane Wade ($15,691,000)
Mike Miller ($5,400,000)
Joel Anthony ($3,600,000)
Shane Battier ($3,000,000)

Total: $27M

[SamBone]

#47: CHARLOTTE AND NEW ORLEANS

Charlotte Bobcats send:
$1,579,920 - Jeff Teague
$2,750,000 - Eduardo Najera

New Orleans Hornets send:
$7,000,000 - Marcus Thornton

$7,000,000 - NOH
$4,329,920 - CHA
$2,670,080 - Difference

Charlotte has the available cap space for this deal.

[BlackIce]

NY and NJ have a trade

NY trades
T.Douglas $1,145,640
TJ Ford $ 854,389
totals $2,000,029

NJ trades
Stevenson $2,500,000
2012 Miami 2nd
$2mil in CASH CONSIDERATIONS

NOTE: after the deal since we have an open roster spot, we will sign SG, Mychel Thompson to a rookie min contract for the rest of the season

[SamBone]

48#

MIA and PHI have another blockbuster trade to announce.

PHI trades:

Andre Iguodala $13,531,750
DeAndre Jordan $10,079,404
Jason Richardson $5,395,000

= $29,006,154

MIA trades:

Kobe Bryant $25,244,493

= $25,244,493 * 1,25 = $31,555,616

thanks ICE for again editing a deal and adding in the #

[spree8]

Kings sign Cory Higgins ($472,604) and DeMarre Carroll ($854,389)

[SamBone]

Kings sign Cory Higgins ($472,604) and DeMarre Carroll ($854,389)

approved, for future post in the trades/transactions thread, this is for "APPROVALS ONLY"

[BlackIce]

trade #56

Miami and NY agree to a deal

Miami trades
A.Iguodala $13,531,750
J.Richardson $5,395,000
2013 Miami 2nd
totals: $18,926,750

NY trades
K.Martin $11,519,840
L.Scola $ 8,591,793
totals: $20,111,633

[SamBone]

#50


Kings Trade

Jimmer Fredette (2,238,360)

Total: $ 2,238,360


Jazz Trade:

Gordon Hayward (2,532,960)

Total: $ 2,532,960

#51


Kings Trade

Chuck Hayes (5,250,000)

Total: $ 5,250,000


Jazz Trade

TPE (5,250,000)

Total: $ 5,250,000

NOTE: Utah still has $5.64mil left on the Okur TPE, please adjust on roster page

[SamBone]

#52


Kings Trade

DeMarcus Cousins (3,627,720)
Tyreke Evans (4,151,640)
Tyrus Thomas (7,305,785)
Donte Greene (1,679,914)

Total: $ 16,765,059


Magic Trade

Dwayne Wade (15,691,000)
Glen Davis (6,300,000)
DeAndre Liggins (473,604)
Justin Harper (473,604)

Total: $ 22,938,208

SAC has enough cap for this to work

[SamBone]

TRADE #53

Cleveland Cavaliers receive:
SF Luc Richard Mbah A Moute ($5,000,000)

Milwaukee Bucks receive:
PF J.J. Hickson ($2,354,537)

[SamBone]

#54 Minnesota and Boston have a trade:

Minnesota trades: Manu Ginobili($12,981,038) + Rudy Fernandez($2,180,443) = $15,161,481

Boston trades: Ray Allen($10,000,000) + Iman Shumpert($1,563,120) + Sasha Pavlovic($854,389) = $12,417,509 x 1.25 = $15,521,886

[SamBone]

#55 Minnesota and Utah have a trade:

Minnesota sends: Iman Shumpert($1,563,120) + 2013 NJN 2nd x 1.5 = $2,344,680

Utah sends: Alec Burks($2,020,200)

Minnesota will also send $1m in cash.