MIN - MIL
Posted: Thu Apr 2, 2009 6:29 pm
MIN GETS: Luke Ridnour, Joe Alexander, Francisco Elson, Malik Allen, #10 pick
MIL GETS: Sebastian Telfair, Craig Smith, Mark Madsen, Bobby Brown, 2nd rounder, $2.3 mil TPE
This is an "expirings-for-expirings" deal (+ Telfair)
WHY FOR MIL: This deal is all about cap savings. It creates a $2.3 mil TPE, and moves a $2 mil pick, to provide $4.3 mil in raw, 2009 cap savings. Some of that $4.3 should be doubled for the lux, and perhaps include an additional $2 mil for retaining your lux share if you get under, so you might be talking $10 mil in actual savings. This is vitally important, because the Bucks owner refuses to go over the lux, but wants to be able to sign Sessions and Villanueva. Telfair would be a decent and economical back-up for Sessions, and Craig Smith could work with Bogut behind him.
WHY FOR MIN: Everyone MIN is taking on is an expiring, so they don't affect their 2010 raw cap space (well, I suppose the pick does). Taylor pays $4.3 ($2 is the salary for the #10), but it doesn't affect their 2009 lux, 2009 salary cap, or their longterm plans. That money gives them a late lottery pick, a prospect in Joe Alexander, and its not like Elson or Ridnour would be useless on our team either. Hopefully we could combine this with our pick to try to move up in the draft,
Unnecessary math, for my fellow nerds.
($11,083,360 - $100,000)/1.25 = $8,786,688
$11,083,360 - $8,786,688 = $2,296,672 TPE + $2 for the pick = $4.3 mil in savings
With a gift card of $8,786,688 minimum, The T-Wolves store might put together a package of:
$2.5 Telfair (not an expiring, but actually gets a reasonable $2.7 in 2010-11)
$2.3 Craig Smith (exp)
$2.84 Madsen (exp)
$0.44 2nd rounder (exp, and unguaranteed)
$0.74 Bobby Brown (exp)
------------------------------
$8.82 TOTAL .. This is just barely enough, so it maximizes your TPE savings.
MIL GETS: Sebastian Telfair, Craig Smith, Mark Madsen, Bobby Brown, 2nd rounder, $2.3 mil TPE
This is an "expirings-for-expirings" deal (+ Telfair)
WHY FOR MIL: This deal is all about cap savings. It creates a $2.3 mil TPE, and moves a $2 mil pick, to provide $4.3 mil in raw, 2009 cap savings. Some of that $4.3 should be doubled for the lux, and perhaps include an additional $2 mil for retaining your lux share if you get under, so you might be talking $10 mil in actual savings. This is vitally important, because the Bucks owner refuses to go over the lux, but wants to be able to sign Sessions and Villanueva. Telfair would be a decent and economical back-up for Sessions, and Craig Smith could work with Bogut behind him.
WHY FOR MIN: Everyone MIN is taking on is an expiring, so they don't affect their 2010 raw cap space (well, I suppose the pick does). Taylor pays $4.3 ($2 is the salary for the #10), but it doesn't affect their 2009 lux, 2009 salary cap, or their longterm plans. That money gives them a late lottery pick, a prospect in Joe Alexander, and its not like Elson or Ridnour would be useless on our team either. Hopefully we could combine this with our pick to try to move up in the draft,
Unnecessary math, for my fellow nerds.
($11,083,360 - $100,000)/1.25 = $8,786,688
$11,083,360 - $8,786,688 = $2,296,672 TPE + $2 for the pick = $4.3 mil in savings
With a gift card of $8,786,688 minimum, The T-Wolves store might put together a package of:
$2.5 Telfair (not an expiring, but actually gets a reasonable $2.7 in 2010-11)
$2.3 Craig Smith (exp)
$2.84 Madsen (exp)
$0.44 2nd rounder (exp, and unguaranteed)
$0.74 Bobby Brown (exp)
------------------------------
$8.82 TOTAL .. This is just barely enough, so it maximizes your TPE savings.
