Eric Snow

[Cleveland Fan]

I'am not sure how the insurance case with Snow works. Does his cap value come off the books? Do we gain anything? Can we use it in a trade, is it worth much? Could someone please explain it to me?

[jonzee330]

The Cavs are currently seeking a medical retirement with Snow which means that his salary would come off the books. I believe some time in early March it would become official. If another team picked up Snow and he played 10 games for them, Snow's salary would come back on the Cavs' books, ala Darius Miles and Portland. We do hold the option of trading Snow still, however it would be unlikely.

[InBoobieWeTrust]

80% of his salary is paif by the insurance, and his contract comes off the books, saving us $7M in Luxury tax.

[Cleveland Fan]

So how do you see this playing out? Will it help us at the trading deadline or not until sometime in March? If its later who may be out there to pick up?

[Rise Against]

Who knows what will happen? But let's hope we'll make a trade for a decent player.

[Benedict_Boozer]

It would be awesome if we traded Snow's contract and kept Wally...

Wally is kind of becoming an important asset to the team. He is not great anymore but we need his shooting and rebounding off the bench..he has stepped up for Pavs very well also.

[jamesgang1]

i believe it saves the cavs somewhere around 10mil, combining his salary and lux tax. that is all the cavs want or can get out of snow.

[mg]

Looks like after the Pavs injury the odds of a Snow trade just increased.

[DowJones]

Snow will be dealt if a really good deal comes along, but outside of that he probably won't be moved. Wally would still be the first option for a trade if an expiring is needed.

[InBoobieWeTrust]

Snow will be dealt if a really good deal comes along, but outside of that he probably won't be moved. Wally would still be the first option for a trade if an expiring is needed.

Wrong, now since we have no healthy 2 guards outside of Trey, I highly doubt Wally gets traded unless it's an absolutely unbelievable deal..

However, the Cavs have delayed Eric Snow's medical retirement/doctor's appointment until after the trade deadline...and I wouldn't be surprised to see him moved along with a pick+meaningless fillers(Lorenzen, Darnell)

[Scoot McGroot]

i believe it saves the cavs somewhere around 10mil, combining his salary and lux tax. that is all the cavs want or can get out of snow.

Almost $15 million actually.

I can certainly understand why the Cav's would hold off until after the deadline. I mean, if someone came to you and wanted Snow for a superstar, you'd have to do it, but there's no reason why Snow would be anymore valuable than Wally's expiring contract. Only the Cav's can have Snow removed from the salary cap. No other team can reap that benefit. Even if you count insurance paying 80% of the salary, with only 30 or so games remaining in the season, the difference between Wally and Snow is that with Wally, you get a guy that can actually physically play 20 or so solid minutes a night, and you have to pay him around $4 million in salary due for the rest of the season, while with Eric Snow, you'd get a guy that can't do anything, would still count on the salary cap, but you'd only have to pay him around $500,000 in cash salary out of pocket for the rest of the year. I'm not sure that ultimately that $3.5 million is large enough, especially when a guy like Wally could possibly be convinced to be bought out to save that $3.5 million or so, and his salary could be amended on the salary cap for the team, much like McDyess did for Denver to get them under the luxury tax.


Snow is much more valuable for the Cavs than for any other team. He's likely not going to be involved in any trades around the league, and that would likely cost the Cavs at least $10 million extra on the cap.

[eyejayem]

But Cavs will likely send the difference in cash within the trade in which a team likely comes out of pocket for nothing in either scenario.

[Scoot McGroot]

But Cavs will likely send the difference in cash within the trade in which a team likely comes out of pocket for nothing in either scenario.

Either way, I wouldn't even consider trading Eric Snow when you have such a large movable contract in Wally Szcerbiak. I highly doubt the front office decides to hold on to Wally and move Eric Snow instead, when that would likely cost them around $10-15 million extra, depending on the rest of the deal.

[mg]

Scoot, One of the insiders said everything changed at halftime of the Lakers game. They found out Pavlovic had a high ankle sprain and is likely out at least 6 weeks. They had no intention of trading Snow except for a superstar. Now that Pavlovic is out for at least 6 weeks and may not be fully healthy the rest of the year they don't have another wing over 6'-4" (besides LeBron of course) if they deal Wally for a big man.

I guess they could still deal Wally on the condition the other team buy him out or if the other team sends back a wing player but the bigger need in Cleveland, once Delonte is healthy, is another big man. If you watched the games against the Lakers clearly they will need one more veteran big and can't count on the rookie Hickson for big minutes in the playoffs. Z has been spending more minutes shooting jumpers further from the basket and they don't get consistent offense from Ben or Varejao. If they can find another big to give them 10-12 minutes a night, a little offense from the post, some rebounding they should be good to go. And of course get their SG's healthy.

[basketballwacko2]

It would be awesome if we traded Snow's contract and kept Wally...

Wally is kind of becoming an important asset to the team. He is not great anymore but we need his shooting and rebounding off the bench..he has stepped up for Pavs very well also.

The Cavs can get a medical retirement for Snow and the insurance will pay 80% or his $7.3 million salary and he will come off the books and not count on the luxury tax!! So unless you can devise a trade that would give the Cavs $12.8 million in value, cash players, picks whatever, I can't see them trading Eric Snow.

[basketballwacko2]

But Cavs will likely send the difference in cash within the trade in which a team likely comes out of pocket for nothing in either scenario.

I don't know what your saying here?

Either way, I wouldn't even consider trading Eric Snow when you have such a large movable contract in Wally Szcerbiak. I highly doubt the front office decides to hold on to Wally and move Eric Snow instead, when that would likely cost them around $10-15 million extra, depending on the rest of the deal.

Scoot is right again if the Cavs trade Snow i'll eat my keyboard. i could see them trading Wally but even that is unlikely considering the benefit of letting his deal expire.