HartfordWhalers wrote:loserX wrote:HartfordWhalers wrote:
I disliked the McDaniels deal, but liked both of the others. Which other deal did you dislike and why?
Didn´t like the McGee deal. I suppose I´m used to a couple of years back, where the going rate was ¨dumping one year of big bad salary costs you a pick¨ (Detroit dumping Ben Gordon, for instance). So the exchange rate in my head was ¨two'year bad deal plus one pick = bad expirings, bad expirings plus one pick = capspace¨ So Philly ends up an asset short.
Maybe my exchange rate is out of date? Maybe other people don´t hate McGee´s contract as much as I do? Either is entirely possible.
I know Philly gets financial benefit out of getting close to the cap floor so late in the season, but I still think they had the leverage to demand more than they did.
Ben Gordon:
Traded 2012 June. Salary picked up:
$12,400,000 - $10,924,138 Magette = ~2.5m
$13,200,000
Total = 15.7m
Javale McGee:
$11,250,000
$12,000,000
Total = 23,250,000 cap room
In dollars however:
~ $4,250,000 prorated
$12,000,000
Total = 16,250,000
And assuming Coon is right, it actually worked out to:
~7m cash savings (4.25m salary for a 11.25 obligation removal)
$12,000,000
Total = 5m
The first method makes it not look good, but I don't think is a great way of looking at it as the cost wasn't all that (maybe the opportunity cost is.) The second makes it look perfectly fine to me. The third is only there because of other choices and unfairly takes advantage of Philly not using those opportunity costs, but it makes it look really good imo.
Probably the best way is:
Javale McGee:
$11,250,000 cap room but equivalent to gaining 7m real $
$12,000,000
Total = 23,250,000 cap room for 7m cash payments and the 1st.
I understand the cash benefit Philly got from it, but this is a very good breakdown, thank you.
Maybe I'll try to put it a different way. If Denver had instead, say, tried to swap McGee to Toronto for Fields/Hayes, or to New York for Bargnani, I feel that would have cost them a late/protected pick. Would Philly have then taken Bargnani for free? If you combine those moves, that's basically the deal Denver actually got, which is pretty good value for them. And I kind of feel like Philly took Bargnani for free.
Obviously Philly gets a big cash benefit, but I still feel they had the leverage to demand another asset from Denver and didn't get it. Just IMHO, as always.










