Wiz Acquire Hinrich, Seraphin, $3M for Veermenko's rights

[Hoopalotta]

Oh yeah, I wonder if evaluations are working out right now to where the lockout is being accepted as inevitable and thus the second year on Hiney's deal is considered to be "half value" in the backroom trade brokering.

Then, combine that with the likelihood of every free agent worth their laces being inked to an extension except for Oden.

It probably came up.

[WizKit]

What are you all bitching and whining about? We get a very good third guard off the bench, a huge upgrade over Young, and the 18th pick out of it. I would be thrilled if we could get Larry Sanders with the pick. Who says we can't still acquire Mo-Pete and the 11th pick from the New Orleans? Would be pretty sweet to get Wall, Patterson, Sanders, Pondexter in one draft.

I totally agree, Hinrich is a really good pick up. He is a solid player. It would be great to get this NO deal done. Like Big Ted said, we are going to build with the draft. We doing it OKC style!

[Dat2U]

Just seeing this news. I've wanted the Wiz to trade for Hinrich for a while so I obviously love this move. EG comes through again!

Your a tool.

[LyricalRico]

What are you all bitching and whining about? We get a very good third guard off the bench, a huge upgrade over Young, and the 18th pick out of it. I would be thrilled if we could get Larry Sanders with the pick. Who says we can't still acquire Mo-Pete and the 11th pick from the New Orleans? Would be pretty sweet to get Wall, Patterson, Sanders, Pondexter in one draft.

I totally agree, Hinrich is a really good pick up. He is a solid player. It would be great to get this NO deal done. Like Big Ted said, we are going to build with the draft. We doing it OKC style!

Great posts.

[Chocolate City Jordanaire]

Fire EG!

Seriously, WTF! Hinrich has two years on his deal. We hand Chicago ANOTHER max salary slot and all we get is the stinkin 17th pick.

UGHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!

I can't believe Leonsis would sign off on this.

As I said, I give Ted an F so far

-he kept EG
-He kept the name Wizards
-he allowed our cap space to be eaten by garbage

All in all, I think what's shaping up here is the Wizards are going for guys with good images to be around Wall. Hinrich. Maybe Childress. Maybe Carter for Arenas. I think what it does is put more pressure on Wall than if the Wizards were to keep Gil's 22 and 7 on the floor with Wall.

If the move's not about cap space, I'll be darned if it's going to be a big improvementt talent-wise.

Wizards better hope like heck the #17 pick, and whatever they get for Gilbert in addition to salary dump are worth it.

[20MexicanosIn1Van]

Somebody posted this on the general discussion board and really puts things in perspective:

this just occured to me

presti aquires the 18th pick for a 1.5 million expiring

wizards aquire 17th for 2 year 17 million dollar deal

unless they just really like hinrich's intangibles and can move arenas this is hilarious

(and yes draft day is presti in every post day)

[rockymac52]

What other lopsided trades have happened? Gasol is the obvious one, and the home run, but off the top of my head I can't really think of any great ones. Some quality players have been traded for cap space or dirt, but not very often, and not very good players. Unless I just am not thinking straight, but can someone fill me on on those trades?

[Hoopalotta]

No question the "OKC gets the 18th" deal was MUCH better value. Nobody can deny that.

[Dat2U]

What are you all bitching and whining about? We get a very good third guard off the bench, a huge upgrade over Young, and the 18th pick out of it. I would be thrilled if we could get Larry Sanders with the pick. Who says we can't still acquire Mo-Pete and the 11th pick from the New Orleans? Would be pretty sweet to get Wall, Patterson, Sanders, Pondexter in one draft.

I totally agree, Hinrich is a really good pick up. He is a solid player. It would be great to get this NO deal done. Like Big Ted said, we are going to build with the draft. We doing it OKC style!

Hinrich was a solid player 3 or 4 years ago, he's been absolutely wretched since.

[rockymac52]

Not saying Arenas is the best character guy, or the worst, but Carter definitely isn't. He's not a poor sport, but he's notorious for having a ton of talent and not trying hard enough to become elite...

[Higga]

Not bad, we get a draft pick for another young player and a solid backup G with lots of experience who can come in and start in a pinch.

I don't like that it cuts away at some of our 2011 cap room but it looks like Melo will be resigning anyway and I doubt we get Durant as much as I want him. Ted wants to build with young players and character guys that can help the kids develop.

Now lets just trade Gil for some cap relief...

[Hoopalotta]

Somebody posted this on the general discussion board and really puts things in perspective:

this just occured to me

presti aquires the 18th pick for a 1.5 million expiring

wizards aquire 17th for 2 year 17 million dollar deal

unless they just really like hinrich's intangibles and can move arenas this is hilarious

(and yes draft day is presti in every post day)

The basic idea is correct, but the math isn't quite right: it was a $2.1 million expiring and a $3 (?) million dollar second round pick.

Maybe Hinrich is worth $10 million total.

Then there's the question of a draft pick (32nd) being part of the value versus actual cap space.

The basic point stands: not as good of a deal as OKC got.

[fishercob]

Givony just tweeted that Eliott Williams may be the guy at 17. HUH??

[KevinFCheng]

Givony just tweeted that Eliott Williams may be the guy at 17. HUH??

Oh dear lord no. Isn't that reaching for him?

[Dat2U]

Somebody posted this on the general discussion board and really puts things in perspective:

this just occured to me

presti aquires the 18th pick for a 1.5 million expiring

wizards aquire 17th for 2 year 17 million dollar deal

unless they just really like hinrich's intangibles and can move arenas this is hilarious

(and yes draft day is presti in every post day)

Everyone else can see it but Wizards fans, who so badly want to believe that they've got credible leadership in charge.

I love Leonsis, but his 'EG mistake' is going to cost him years, millions & probably at least a couple of years of John Wall's development. It's going to be a very expensive lesson to learn that not everyone deserves a 2nd or 3rd chance to get it wrong again.

As long as Ernie Grunfeld makes the basketball decisions for this franchise, we are doomed. We are simply doomed to failure.

[the_warden]

So how much does the 17th pick cost us? About $20 mil. You do the math. Sounds like EG drastically overpaid again. What a shock!

Well, Hinrich has tangible value. If nothing else, he's movable next year.

Tangible value? What in hell does that mean? Chicago had to use a pick to dump him. He'll be no more moveable than any other overpaid player with two years left on his deal.

They had to use a pick to dump him because the only thing Chicago could use in return was cap space. At minimum, Hinrich could be traded to the Lakers for Vujacic + other expirings. He's not a bad player by any stretch; the only reason Chicago had to give up a pick is because they didn't want to get anything in return.

[rockymac52]

What are you all bitching and whining about? We get a very good third guard off the bench, a huge upgrade over Young, and the 18th pick out of it. I would be thrilled if we could get Larry Sanders with the pick. Who says we can't still acquire Mo-Pete and the 11th pick from the New Orleans? Would be pretty sweet to get Wall, Patterson, Sanders, Pondexter in one draft.

I totally agree, Hinrich is a really good pick up. He is a solid player. It would be great to get this NO deal done. Like Big Ted said, we are going to build with the draft. We doing it OKC style!

Hinrich was a solid player 3 or 4 years ago, he's been absolutely wretched since.

Can you please stop saying that? Look at his stats, he's not much worse than he was before. Derrick Rose was drafted, Hinrich stopped starting, and thus has about 2 less assists per game... he's fine quit bitching

[Hoopalotta]

From the Jazz beat writer:

tribjazz Trying to make sense of Wizards' roster with Wall, Arenas and Hinrich. With cap space, Washington was potential Boozer destination.

So there is some good news, we're no longer a Boozer destination.

[Chocolate City Jordanaire]

Just seeing this news. I've wanted the Wiz to trade for Hinrich for a while so I obviously love this move. EG comes through again!

Your a tool.

Washington went 19-63 with one of the league's highest payrolls. They followed that up after signing Flip for $8Mil over 4 years, to a record of 26-56.

I remember begging and pleading that the Wizards DO NOT RESIGN Gilbert because he's coming off injury. I thought let him and Jamison walk, if need be, because I think Gilbert's an injury risk and because neither he nor Jamison play defense. Maybe 2 or 3 others agreed with me at the time. I thought then EG had no clue.

When EJ played Gil 41minutes over 5 games, between knee surgeries it turns out, I thought where's the GM or anyone to tell the coach to better manage Arenas' minutes. He's going to go out again.

With moves like Oberto instead of Blair ...

Pecherov instead of Millsap ....

Trading the pick that didn't have to be Rubio--It could have been the other no-brainer besides Blair, Stephen Curry ... only to end up with mediocre, contract-year players Foye and Miller ...

Not getting either the 28 or the 18 from Minnesota for expiring bigs thrown in to the deal, which they used Etan for trade ....

I am not going to call anyone but Grunfeld a name.

I won't even call him that.

I'll just say the dude is blessed that Ted is in his corner as Abe was.

[Benjammin]

Givony just tweeted that Eliott Williams may be the guy at 17. HUH??

That my friends would be a disaster of a pick at that spot, plus it would be another guard. I would not be a happy camper with that.

Hollinger just said in a chat that there may be further considerations involved in the deal, implying that the Bulls may be giving something more up as well and now he withholds judgment on the deal, fwiw.