MN and Chi from Trade Board

[skorff26]

The Chicago Bulls trade: / the Minnesota Timberwolves receive:

Jerome James (80% covered by insurance)
SAS 2009 1st-round draft pick (can be sold for 3m$ cash)
$1.320.000 cash (20% of Jerome James' salary)

Why this might work for the Minnesota Timberwolves:They get 3m$ of revenues by taking on the dead contract of Jerome James. Chicago covers the remaining part by transfering 1.32m$ to Glen Taylor.

The Chicago Bulls receive: / the Minnesota Timberwolves trade:

TPE
MIA 2nd-round draft pick

Why this might work for the Chicago Bulls:They dump 6.6m$ in order to create the necessary space for re-signing Ben Gordon.

-So basically we use our cap space to have Chicago not go into the luxury; I can't confirm it, but the original poster said that insurance covers 80% of James's salary and Chicago would pay the remaining 20%, and then we trade up from Mia 2nd round pick to SAS 1st rounder....

I like it since it gives us another 1st (we could package a couple of 1sts to move up); and Jerome James's expiring would be like Raef's expiring last year (just not as big) where it would be very valuable since insurance is paying it, and we could possibly land a very good player (a prospect or two from the draft, miller, James, and Cardinal's expirings) for an all-star caliber player if we wanted to go that route.

[Foye]

Looks fine to me

[shrink]

MIN isn't $6 mil under the salary cap, only $2-$3, so they can't do this deal.

Even though 80% of Jerome James deal is covered by insurance, a team needs to salary-match (within 25% + $100,000) the true salary.

[john2jer]

I like it. Jerome James is a stiff, but his contract is valuable if it's being paid by insurance. Costs us nothing and we pick up another draft pick. Plus we can move him around the deadline for even further assets. Double bonus. His contract plus Mike Miller's could bring us in an elite wing on a long contract. Or maybe someone we'd want to have Birds Rights on to sign to a big deal in the summer of 2010?

EDIT: Blasted, excited for nothing. Would sending Mark Madsen be enough? Doubt it.

[skorff26]

MIN isn't $6 mil under the salary cap, only $2-$3, so they can't do this deal.

Even though 80% of Jerome James deal is covered by insurance, a team needs to salary-match (within 25% + $100,000) the true salary.

We could be that much under the cap.

-Let's assume the cap stays exactly where it is at for this year 58.680 million;

We have 50,917,798 committed to 11 players next year (everyone from our team but carney, ollie, s. williams, collins)

-We can renounce our rights to our free agents so then we wouldn't have bird rights but they wouldn't give us a cap hold (carney is the only one who we may keep, but we are fairly crowded at SG and SF so we can give him up)
-We can renounce our MLE and Bi-annual exception (in all honesty, who could we go for with the MLE that would help us for the future; most guys are a little bit too old for our core, or if they are young enough, we could get a player that is just as good or better in the draft)
-We complete the trade prior to the draft so we haven't signed our picks yet.

-That would give us 50.9 + 0.5 (cap hold because of only 11 players) = 51.4 million which would be enough to complete the trade.

We then would have a roster of (if we got James)
Telfair/Brown
Foye/Brewer
Miller/Gomes
Love/Smith/Cardinal
Jefferson/Madsen
Inactive: James
-with picks # 5 (MN), 17 (Mia), 25 (SA), 28 (Bos)
- package #25 and #28 and move up somewhere in the teens
#5 pick Jennings, Thabeet, Henderson, Evans (or whoever we like best)
2 picks in the teens (2 of): Mullens, Maynor, Flynn, Blair, T. Williams, E. Clark, Aminu, Teague?, DeRozan, Lawson, Brackins (lots of possibilities)
-Let's assume we get Jennings, Mullens, and Brackins; we'd then have a post-draft roster of
Jennings/Telfair/Brown
Foye/Brewer/Miller
Miller/Gomes/Cardinal
Love/Smith/Jefferson/Cardinal
Jefferson/Mullens/Brackins/Madsen/James
-With valuable assets such as a solid expiring player in Miller; a valuable expiring (insurance pays for it) in James; another expiring in cardinal; young guys that we could move such as jennings, brackins, or mullens; for a young all-star caliber player Love could possibly be moved; we would also have Utah's 1st rounder still and Pekovic that are assets to move as well.

We would be one of the most flexible teams in the league and our team could go in a variety of directions.

[john2jer]

I might be wrong on this, but here where I see some issues.

Up until July 1st, we're using our 2008-2009 numbers when making trades, right? In that case we don't have any cap space, and up until the draft in late June, the draft picks don't have a cap number yet.

After July 1st we switch to 2009-2010 numbers and we have cap space, but draft picks then have a cap hold, thus bringing us down to like $2-3mil in cap space.

I might be wrong, but I'm thinking this is the case here, and thus prevents us from making these trades.

[shrink]

After July 1st we switch to 2009-2010 numbers and we have cap space, but draft picks then have a cap hold, thus bringing us down to like $2-3mil in cap space.

I might be wrong, but I'm thinking this is the case here, and thus prevents us from making these trades.

That's the way I understand it as well.

You actually saved me a lot of time, because I got online today trying to figure out the highest and lowest amount of salary we could have:

MOST:
50,917,798 11 players next year
4,822,800 #1 pick (MIN)
1,465,440 #17 pick (MIA)
1,129,320 #24 pick (UTAH)
977,160 #27 pick (BOS)
---------------------------------------
$59,312,518 .. over the cap

LEAST
50,917,798 11 players next year
2,623,200 #7 MIN
1,392,240 #18 MIA
0,000,000 UTA pick defered
957,120 #29 BOS
---------------------------------------
$55,890,358

The cap last year was $58.68, and it should go down. We could always sell/trade picks to clear more cap space, but I don't think we'll be far enough under the cap to do anything signicant, and to do so would mean we'd have to dump our MLE.

[john2jer]

And of course you run into the issue of trading a player a week after he was drafted. Little harder usually then.

[skorff26]

I forgot about the salaries changing over after the draft; well there goes that idea.