ImageImageImageImage

The time We almost traded Penny to the Nets for Damon Stoudemire?

Moderators: ChosenSavior, UCF, Knightro, UCFJayBird, Def Swami, Howard Mass

SHAQ32
Lead Assistant
Posts: 5,534
And1: 3,212
Joined: Mar 21, 2013
 

The time We almost traded Penny to the Nets for Damon Stoudemire? 

Post#1 » by SHAQ32 » Wed Jul 9, 2025 1:11 am

Here's a blast down Memory Lane! Saw this in my YT feed:


Penny Hardaway, Stoudamire Focus of Mega-Trade Talks


Penny Hardaway and Damon Stoudamire were the centerpieces of a blockbuster three- or four-team trade being discussed Wednesday.

The principal teams in the talks are the New Jersey Nets, who would receive Hardaway; the Orlando Magic, who would get Stoudamire, Walt Williams and others, and the Toronto Raptors, who would receive Sam Cassell and another player from the Nets.

The biggest holdup of some kind of trade was Orlando’s decision on whether to keep Stoudamire or immediately trade him. Orlando was discussing sending Stoudamire and others to the Trail Blazers for several players, according to several NBA sources who spoke on condition of anonymity.

The inclusion of Hardaway was a stunning development, although his name surfaced in the league rumor mill in early December. Hardaway, who was to sit out Wednesday night’s game in Minnesota because of a strained calf, said before the game he expected to end up with another team by today.

Hardaway has a clause in his contract allowing him to become a free agent after the 1998-99 season, and Orlando’s management may have become convinced that he would be looking to leave at that time. However, Hardaway insisted Wednesday he wants to play his entire career in Orlando.

“The Magic [was] looking for me to give them a commitment that I wanted to be in Orlando for the rest of my career,” Hardaway said. “I gave them that . . . and all of a sudden it seems like my word isn’t good enough to stay with the Magic. So it seems like the trade rumors have started even more.”

https://www.latimes.com/archives/la-xpm-1998-feb-12-sp-18475-story.html

SHAQ32
Lead Assistant
Posts: 5,534
And1: 3,212
Joined: Mar 21, 2013
 

Re: The time We almost traded Penny to the Nets for Damon Stoudemire? 

Post#2 » by SHAQ32 » Wed Jul 9, 2025 1:14 am

Peter Vescey, the original Woj/Shams.
Orlando Dawg
Analyst
Posts: 3,450
And1: 110
Joined: Mar 15, 2002
Location: Orlando

Re: The time We almost traded Penny to the Nets for Damon Stoudemire? 

Post#3 » by Orlando Dawg » Wed Jul 9, 2025 1:29 am

To me I couldn’t believe anybody wanted Hardaway at that point (when Magic finally dumped him)
He had become a washed up cancer
SHAQ32
Lead Assistant
Posts: 5,534
And1: 3,212
Joined: Mar 21, 2013
 

Re: The time We almost traded Penny to the Nets for Damon Stoudemire? 

Post#4 » by SHAQ32 » Wed Jul 9, 2025 1:50 am

Orlando Dawg wrote:To me I couldn’t believe anybody wanted Hardaway at that point (when Magic finally dumped him)
He had become a washed up cancer

I guess because he was only 26. Maybe they thought he could come back. Little did they know.
JoshuaPotter
Analyst
Posts: 3,507
And1: 997
Joined: Dec 19, 2022
   

Re: The time We almost traded Penny to the Nets for Damon Stoudemire? 

Post#5 » by JoshuaPotter » Wed Jul 9, 2025 3:50 pm

Penny was a cancer? Huh?

Is this just because he had an injury he just could never fully recover from even when he played through it?

Penny is the 1st in a wave of Archetypes post Jordan. His career trajectory would have been somewhere between T-Mac and Kobe. His body just couldn't hold up.

Regrettably, neither could T-Mac.

Shaq wasn't a cancer or was he just too good to for people to deny his own hype?

This is all me being serious.
SHAQ32
Lead Assistant
Posts: 5,534
And1: 3,212
Joined: Mar 21, 2013
 

Re: The time We almost traded Penny to the Nets for Damon Stoudemire? 

Post#6 » by SHAQ32 » Wed Jul 9, 2025 5:15 pm

JoshuaPotter wrote:Penny was a cancer? Huh?

Is this just because he had an injury he just could never fully recover from even when he played through it?

Penny is the 1st in a wave of Archetypes post Jordan. His career trajectory would have been somewhere between T-Mac and Kobe. His body just couldn't hold up.

Regrettably, neither could T-Mac.

Shaq wasn't a cancer or was he just too good to for people to deny his own hype?

This is all me being serious.

Yeah, that whole "Penny was a cancer" thing mostly came up *after* the injuries. Some teammates felt like he got special treatment or didn’t bring the same fire once he came back. But honestly, that was more perception than reality. It was also during that weird in-between era right after MJ retired the first time, before social media changed how we see stars. Teams didn’t always know how to handle young guys with superstar hype. Looking back, it feels pretty unfair. Penny just got dealt a bad hand.
User avatar
AdamTheGreek
RealGM
Posts: 41,346
And1: 2,530
Joined: Dec 30, 2006
Location: Orlando, FL. Thinking of Greece.
         

Re: The time We almost traded Penny to the Nets for Damon Stoudemire? 

Post#7 » by AdamTheGreek » Wed Jul 9, 2025 6:46 pm

Orlando Dawg wrote:To me I couldn’t believe anybody wanted Hardaway at that point (when Magic finally dumped him)
He had become a washed up cancer


Penny was never a cancer.
He took the brunt of being the leader. His injuries were never treated properly.
B-Hill had lost the locker room. Penny gets the blame for that when really guys like Horace should have (which funny enough bit him later when he had the Doc falling out).
Everything was great with Adubato.
Chuck Daly (and his wife) hated Penny because they blame him for Isiah’s career ending injury (which was incorrect reasoning). That relationship was toxic from the start.

Penny after years of **** he took wanted to stay in Orlando.
John Gabriel wanted to push the tank reset so he could get out of Pat Williams’ shadow. That’s all that happened. Horace, Nick, 3-D all were on the decline.
The team tried to justify wanting to tank by trying to force the fans against Penny when they didn’t need to do that.
But the DeVos family already looked idiotic because of the Shaq negotiation debacle.
Bluesky: @adampapageorgiou.bsky.social
Penny & Pops Podcast (Orlando Magic): https://soundcloud.com/137665379

Return to Orlando Magic