95.5: Blazers working on buyout for Gomes

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It sounds like a prearranged buyout. The cap hit is $2.75 million allocated over 3 years. The payment schedule is irrelevant to cap space.

Put a question up on the CBA board if anyone had better details. I think everyone thought Minnesota could have traded for nearly 6M in salary and the recieving team could have pro-rated that 2.75M out to gain around 5M more this year in cap space. If someone has other info that shows this was not the case, I would love to hear it.

With the way they traded it, they basically saved the buyout and traded the #16 for Martell. Not that bad of deal, but think people would have rather seen something like the Hinrich trade.

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Wolves Mod here

I am hearing that Gomes' contract value was horrible overestimated. Teams did not want him because it reflects on your cap past this year if you do the buy-out. Some are even saying that Portland did us a favor for taking him. Not sure I agree with this, but I thought I would let you know.

Interesting. Portland is over the cap, so him being on the books isn't a huge deal for the Blazers, but it definitely makes his contract look a lot less attractive. If he's gonna be on the books, I'd say just keep him and play him. But then again, I'm not paying the salary.

We paid 2M to move up 10 spots in the second round, so I do not think we are worried about paying the luxury tax. However, this could be the concern and was brought up during the Camby negotiations.

[DaVoiceMaster]

I didn't figure Portland would keep him after reading about his contract. I wasn't aware of the $750k on the third year. I'd just read he was guaranteed $1 million for the next 2 years AND if he is not waived y June 30, 2010, then his entire contract is guaranteed. So basically the Blazers saved somewhere around $7.5 million overall. I guess the Blazers finally had enough of Webster. Having been on the Webster bandwagon his entire career up until about February 2010, I get why they'd be done with him.

[Wizenheimer]

Wolves Mod here

I am hearing that Gomes' contract value was horrible overestimated. Teams did not want him because it reflects on your cap past this year if you do the buy-out. Some are even saying that Portland did us a favor for taking him. Not sure I agree with this, but I thought I would let you know.

Interesting. Portland is over the cap, so him being on the books isn't a huge deal for the Blazers, but it definitely makes his contract look a lot less attractive. If he's gonna be on the books, I'd say just keep him and play him. But then again, I'm not paying the salary.

We paid 2M to move up 10 spots in the second round, so I do not think we are worried about paying the luxury tax. However, this could be the concern and was brought up during the Camby negotiations.

on the Courtside draft show, Brian Wheeler claimed the cash sent with the 44th pick was 1 million, not 2 million.

maybe he's right, but he seems to be on an island with that lower number