GMAT: March Madness Edition: APPROVED TRADES

[SamBone]

#278

INDIANA and DETROIT have agreed a trade.

Indiana sends:

Rajon Rondo - $11,000,000
Gustavo Ayon - $1,500,000

= $12,500,000

Detroit sends:

John Wall - $5,915,880
Dante Cunningham - $2,090,000
Tyler Honeycutt - $809,875

= $8,815,755 (*1.5 = $13,223,633 - deal works)

[SamBone]

#279 is actually going to be a three-way between Charlotte/Portland/Memphis

Charlotte sends:
Cleveland's 2013 2nd
$2,462,400 - Kemba Walker
$2,500,000 - Steve Blake
$0,854,389 - Jeff Foster

$5,816,789 x 1.5 = $8,725,183 > $8,160,175

Charlotte recieves:
$7,305,786 - Mike Conley
$0,854,389 - Mustafa Shakur

$8,160,175 - Total

------------------------------------------------------------------------

Portland sends:
$1,276,560 - Dominique Jones
$0,854,389 - Mustafa Shakur

$2,130,949 - Total

Portland receives:
Cleveland's 2013 2nd
$2,500,000 - Steve Blake

------------------------------------------------------------------------

Memphis sends:
$7,305,786 - Mike Conley

Memphis receives:
$2,462,400 - Kemba Walker
$1,276,560 - Dominique Jones
$0,854,389 - Jeff Foster

$4,593,349 - Total

[SamBone]

280#

PHI and NJN have a trade to announce.

PHI outgoing:
JaVale Mcgee $12,500,000
Andre Iguodala $14,718,250
total: $27,218,250

NJN outgoing:
Emeka Okafor $13,790,000
Andrei Kirilenko $5,500,000
Stephen Curry $3,958,742
total: $23,248,742

[SamBone]

# 281

Houston and Chicago have a deal.

Part 1:

Willie Green ($854,389) for 2013 Laker 1st
(works he is min salary player)

Part 2:
Lowry ($5,750,000) for Jennings (3,179,493) Wilcox ($854,389) and 2013 Cha 1st (works as 4,033,882 total x1.5 is 6,050,823 > 5,750,000)

[SamBone]

#282
Part 1: Houston sends Chris Wilcox($854,389) to Minnesota for "future considerations". Works since he's a min.

Part 2:
Minnesota sends: Jan Vesely($3,202,920) x 1.5 = $4,803,480

Houston sends: Luc Richard Mbah a Moute($4,794,192)

[SamBone]

#283

Houston in / Toronto out:

Jeff Withey – $473,604
Jose Calderon – $10,561,982
Rights to Meyers Leonard (#14 pick)
2013 TOR 1st (unprotected)
2013 Sacrmaento 1st (top-13 protected)
Total salaries - $11,035,586


Toronto in / Houston out:

Anderson Varejao – $8,368,182
Chase Budinger – $885,120
Goran Dragic – $3,000,000
Total salaries - $12,253,302

[SamBone]

284#

PHI and TOR have a trade to announce.

PHI outgoing:
Marcus Thornton $7,525,000
Stephen Curry $3,958,742
total: $11,483,742

TOR outgoing:
James Harden $5,820,417
Mario Chalmers $4,000,000
total: $9,820,417

[SamBone]

Trade 285

New Jersey sends Jared Dudley - 4,250,000 to PHI for Mario Chalmers - 4,000,000

[SamBone]

Trade #286

Utah Sends John Salmons
1yr $854,389

Charlotte Sends Bill Walker
1yr $854,389

[SamBone]

287#

PHI and CLE have a trade to announce.

PHI outgoing:
Andrei Kirilenko $5,500,000
DeMarcus Cousins $3,880,800
total: $9,380,800

CLE outgoing:
Ryan Anderson $7,500,000
Harrison Barnes $4,602,720
total: $12,102,720

[SamBone]

Transaction(s) 288

New Jersey sends Tyler Hansbrough (3,055,259) to Utah for TPE ($3.402,000 TPE from trade 137)
separate deal
Utah sends Brandan Wright (947,407) to New Jersey for TPE ($2.205M TPE trade 266)

[SamBone]

289
Houston and Philly have made a trade.

In it Houston trades Jennings (3,179,493) Pierce (16,790,345) and Meyers Leonard ($1,823,280) for Harrison Barnes (4,602,720) Okafor (13,790,000) and Biedrins (9,000,000)

Trade is set up as 2 parts:
Jennings for Barnes
{works as (3,179,493 * 1.5 = 4769239.5 > 4,602,720}

Pierce and Leonard for Okafor and Biedrins
{works as $18,613,625 + 5m = 23,613,625 > 22,790,000}

[SamBone]

290
Houston and Memphis have a deal:

Evan Fournier (942,700) for Courtney Lee (6,250,000). Memphis is below the cap and can absorb it. Houston takes a TPE of 5,307,300.

[SamBone]

291
Le'Bryan Nash: 2013 = 1,156,320 and Darko 5,228,000 for Jason Thompson (5,250,000)

[lukekarts]

TRADE #292

Cleveland Cavaliers receive:
PF Kris Humphries ($8,400,000)

Houston Rockets receive:
2015 1st RND (Charlotte)
2015 1st RND (Miami)

Cavs accept. WE wanted a vet PF behind Drummond and Kris fits in perfect. He's on fire lately and is know to like stupid women with fat asses...so Cleveland makes a ton of sense! Cavs have cap room to sign him.

[lukekarts]

#293 Charlotte and Sacramento

Charotte sends
$1,245,720 - Fab Melo
$0,854,389 - John Salmons
Charlotte's 2015 2nd

$2,100,109 - Total

Sacramento sends
$2,500,000 - Mickael Pietrus

[lukekarts]

#298

Pistons and Nets have agreed upon a deal.

Nets send Kris Joseph to Detroit for nothing, works as he's a minimum.

Pistons Incoming
Nicolas Batum ($15,000,000)

Nets Incoming
OJ Mayo ($8,000,000)
Tiago Splitter ($3,944,000)

Total: $11,944,000.00 X 1.25 = $14,930,000 + 100,000 > $15,000,000

Deal Works.

Pistons accept. We think Joseph has the potential to become the next LeBron.

[lukekarts]

Had to check salaries before approving this one, but works as BI is under cap.

297#

PHI and NJN have a trade to announce.

PHI outgoing:
Carl Landry $5,000,000
Brandon Jennings $3,179,493
total: $8,179,493

NJN outgoing:
JaVale Mcgee $12,500,000

Needed a center, and we welcome back Mcgee for like the 4th time. He isn't that bright but he is an athletic freak that can block shots at a high rate and play help defense. His offense will come along. Good dealing.

[BlackIce]

#294 - Indiana & Chicago

The Indiana Pacers have acquired the rights to Nikola Mirotic (23rd pick in the 2011 draft) from Chicago, for $2m cash.

[BlackIce]

295 Indiana and Milwaukee

Indiana send:

Luke Ridnour - $4,000,000

Milwaukee send:

Vince Carter - $3,090,000
Gary Neal - $854,389