[Woj] Rockets buy 2021 LAL 2nd from Detroit

Post #1 » by **VCfor3** » Wed Nov 18, 2020 11:54 pm

Read on Twitter

HornetJail · Post #2 » by **HornetJail** » Wed Nov 18, 2020 11:57 pm

MartinToVaught · Post #3 » by **MartinToVaught** » Wed Nov 18, 2020 11:58 pm

$5 million for a second-round pick? Guess Fertitta really isn't cheap, he's just stupid.

Post #4 » by **loserX** » Wed Nov 18, 2020 11:59 pm

Yeah I think Woj is misusing "via", if he means the LAKERS' 2nd round pick being bought from Detroit.

(Or he means HOU is buying Detroit's 2nd rounder from the Knicks, not the Lakers. Either way the tweet is a bit of a mess.)

TGW · Post #5 » by **TGW** » Wed Nov 18, 2020 11:59 pm

LOL Detroit's owner finna make it rain on some oes.

What a ridiculous amount of money for a second rounder.

giberish · Post #6 » by **giberish** » Thu Nov 19, 2020 12:02 am

I don't recall deals like this happening before the draft. Usually it's during the draft to get a guy.

This also seems to be a huge amount if it's for a 50-something pick?

I also expected Houston's owner to be much cheaper?

psman2 · Post #7 » by **psman2** » Thu Nov 19, 2020 12:04 am

Seems like it should be part of the other trade. Sending some money to cover Ariza's deal while getting a little value back via this 2nd.

Post #8 » by **VCfor3** » Thu Nov 19, 2020 12:04 am

I don't get this for the Rockets. The owner seems to be trying to save money yet drops nearly $5m for a super late 2nd. That's a ton to pay for that pick.

HornetJail · Post #9 » by **HornetJail** » Thu Nov 19, 2020 12:04 am

Hopefully this is just part of the Ariza trade because that's terrible value

Post #10 » by **MoneyTalks41890** » Thu Nov 19, 2020 12:05 am

I do not understand what’s happening here

Post #11 » by **HartfordWhalers** » Thu Nov 19, 2020 12:05 am

MoneyTalks41890 wrote:I do not understand what’s happening here

We all need details!

mglviks1 · Post #12 » by **mglviks1** » Thu Nov 19, 2020 12:05 am

Glen Taylor is licking his chops

Post #13 » by **jbk1234** » Thu Nov 19, 2020 12:07 am

KEMBAtheMETEOR wrote:Hopefully this is just part of the Ariza trade because that's terrible value

Has to be.

Sent from my SAMSUNG-SM-J327A using RealGM mobile app

Post #14 » by **HartfordWhalers** » Thu Nov 19, 2020 12:12 am

jbk1234 wrote:
KEMBAtheMETEOR wrote:Hopefully this is just part of the Ariza trade because that's terrible value
Has to be.

Sent from my SAMSUNG-SM-J327A using RealGM mobile app

Agreed.

Post #15 » by **Scoot McGroot** » Thu Nov 19, 2020 12:22 am

jbk1234 wrote:
KEMBAtheMETEOR wrote:Hopefully this is just part of the Ariza trade because that's terrible value
Has to be.

Sent from my SAMSUNG-SM-J327A using RealGM mobile app

Ariza deal has to happen in the next league year, but this deal allows Houston to send out the last remaining cash they can from this previous league year.

It will be separate, and processed across two different league years, but look at it as overall one deal.

Post #16 » by **HartfordWhalers** » Thu Nov 19, 2020 12:23 am

Scoot McGroot wrote:
jbk1234 wrote:
KEMBAtheMETEOR wrote:Hopefully this is just part of the Ariza trade because that's terrible value
Has to be.

Sent from my SAMSUNG-SM-J327A using RealGM mobile app

Ariza deal has to happen in the next league year, but this deal allows Houston to send out the last remaining cash they can from this previous league year.

It will be separate, and processed across two different league years, but look at it as overall one deal.

Which means they essentially cheating the system, and did cash in the wrong year. Which is not the first time this has happened (Philly).

chrbal · Post #17 » by **chrbal** » Thu Nov 19, 2020 12:25 am

HartfordWhalers wrote:
Scoot McGroot wrote:
jbk1234 wrote:Has to be.

Sent from my SAMSUNG-SM-J327A using RealGM mobile app

Ariza deal has to happen in the next league year, but this deal allows Houston to send out the last remaining cash they can from this previous league year.

It will be separate, and processed across two different league years, but look at it as overall one deal.

Which means they essentially cheating the system, and did cash in the wrong year. Which is not the first time this has happened (Philly).

So is the cash part of 19/20 or 20/21?

Xman · Post #18 » by **Xman** » Thu Nov 19, 2020 12:26 am

Oh my god! Bill O'Brien snuck out of the Texan's office and into the Rocket's offices.

Post #19 » by **HartfordWhalers** » Thu Nov 19, 2020 12:29 am

chrbal wrote:
HartfordWhalers wrote:
Scoot McGroot wrote:
Ariza deal has to happen in the next league year, but this deal allows Houston to send out the last remaining cash they can from this previous league year.

It will be separate, and processed across two different league years, but look at it as overall one deal.

Which means they essentially cheating the system, and did cash in the wrong year. Which is not the first time this has happened (Philly).

So is the cash part of 19/20 or 20/21?

Should be 19/20.

Houston already had: Cash Paid ($5,617,000 max): $1 million to the Oklahoma City Thunder (Russell Westbrook).
Detroit had: Cash Received ($5,617,000 max): $0

This enables Houston and Detroit to send/receive cash in 20/21.

Post #20 » by **Scoot McGroot** » Thu Nov 19, 2020 12:30 am

chrbal wrote:
HartfordWhalers wrote:
Scoot McGroot wrote:
Ariza deal has to happen in the next league year, but this deal allows Houston to send out the last remaining cash they can from this previous league year.

It will be separate, and processed across two different league years, but look at it as overall one deal.

Which means they essentially cheating the system, and did cash in the wrong year. Which is not the first time this has happened (Philly).

So is the cash part of 19/20 or 20/21?

Buying the future second for $4.2m will be in this 2019/20 season. It’s literally exactly what Houston has left in cash payable from this season.