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Arenas for Vince or dump Arenas for cap space?

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Re: Arenas for Vince or dump Arenas for cap space? 

Post#761 » by hands11 » Thu Jul 22, 2010 10:05 pm

fishercob wrote:
nate33 wrote:Okay, I can see how you are confused. Let me try to restate my stance in a different way.

1. I like Arenas and still think he is a very good player. Once the gun incident fades from memory, he may even be worth his contract on the right team in the right situation assuming he doesn't have any major setbacks with his knee. We are not the right team in the right situation.

2. Because of #1 above, I would not sacrifice any significant assets to dump Arenas. I will only pull the trigger if we can trade him for expiring contracts plus or minus insignificant filler pieces.

3. I think his current perceived value is negative (meaning worth less than expiring contracts). If we retain him for a while, I expect that he will play his way into being worth expiring contracts, but there's a risk with every day that he plays that he gets hurt. There's also a chance that his trade value suffers because he isn't as good off the ball.

4. There's a very small chance that he plays so well that he become worth expiring contracts plus additional assets. I think the chances of that are much smaller than the chances of an injury or a failure at the SG position. Therefore, once he achieves a value of expiring contracts, it's in our best interests to trade him at that point and not gamble with playing him further because the downside odds are much higher than the upside odds.

5. If somebody is offering expring contracts now, it must be because they are gambling that his value will improve over time. Basically, we get what I consider to be his likely max value, without risking any injury that could tank his value. Therefore, if an expiring contract offer is on the table, we should take it immediately.

6. If nobody is offering expiring contracts now, we should keep him and play him. I will enjoy watching him play alongside Wall for that period of time. But when somebody calls us at the Trade Deadline and offers an expiring contract, I would let him go. Again, as per point #1 above, we are not the right team for a $20M a year player like Arenas. With a little patience, we will have the opportunity to spend that $20M in ways that will help our franchise win a championship in the future. That may be by a series of BOYD to stockpile picks and expiring contracts, followed by a major trade. Or it could be the outright signing of a free agent like Melo or Dwight Howard. Or it could be the signing of lesser free agents like NIcholas Batum and Kendrick Perkins after having reaped the advantages of higher draft picks due to our worse record sans Arenas.


nate, this is well-reasoned post, though I obviously disagree with some of it.

It strikes me that much of your argument that "we are not the right fit for Arenas" is heavily based on the fact that he's a point guard. Is he though? Wasn't the criticism of him in the first place that he wasn't a natural/pure PG -- that he's a natural scorer and not a distributor?

During Livingston's revelation last year there was a lot of discussion about playing him and Gil together because of Liv's size and pure playmaking abilities (I don't recall if you were intrigued by that possibility or not, though your vocal support of moving Gil for expirings has only been since this summer, I think). Wall's only a few inches shorter, but he's longer and worlds more athletic.

It's not as if Gil off the ball is some hair-brained experiment. The guy played the two (off of Jason Gardner -- much less of a purge PG that Wall) on an Arizona team that lost in the national championship (to that loaded Duke team -- Jay Williams, Duhon, Boozer, Battier, Dunleavy).

I think we are the right team and the right situation for Gil.

1) Expectations are low. If we win 30 games this year, no one is going to burn the city down

2) He has an emotional connection to the fanbase and the city. Lord knows this is a forgiving city ("Damn bitch set up me, but I'll still be re-elected Mayor one day!") and I expect Gil's being re-embraced by the fans is important to him

3) Ted -- compassionate, yet tough. I expect him to help get the best out of Gil

4) We have so much young and *cheap* talent on the roster, that Gil's big salary isn't a burden, and it won't be next year either. While it has the potential to be in the future, there's a ton that can happen before that point to mitigate the issue -- moving Hinrich, growing revenues to offset tax payment, new CBA and the associated implications that we can't predict or fathom right now.

5) John Wall -- As Ted said yesterday, he expects Wall to "add years to Gilbert's career." Players can have renaissances when they get running mates. Ray Allen seemed a hell of a lot more important when he was playing with All-Star teammates. Look what Nash did for Amare and Joe Johnson.

So I think we have reason to believe that Gil can be Gil off the ball and that this is the right situation for him. What do you think about those aspects of the argument, and are there other underlying reasons for your pro-trade rationale that I failed to identify?


To add to your point. PP wasn't the PP we have seen over the last few years before he got R Allen and KG to run with. I remember the trade happening and very few posters here thought it would work. How would they share the ball, etc. How would they add players around those three contract. Well no one thought Rondo would be that good. That helped a lot. And eventually, PP kind of took the lead on offense and KG was the defensive motor and it all worked out. But to my point. PP wasn't someone I would consider one of the best SFs in the league like he became.

I predict Gil is going to be one of the best SGs in the league and he and Wall will be better than Rondo and R Allen. Ray Allen was making 20 something mill. Now he is signed for around 10M.
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#762 » by nate33 » Thu Jul 22, 2010 10:15 pm

fishercob wrote:It strikes me that much of your argument that "we are not the right fit for Arenas" is heavily based on the fact that he's a point guard. Is he though? Wasn't the criticism of him in the first place that he wasn't a natural/pure PG -- that he's a natural scorer and not a distributor?

You are correct that this is perhaps my biggest reason for advocating trading Arenas. My biggest concern with Arenas at SG isn't so much his offense, it's his defense. That said, you are correct that Arenas has had some success (on offense) at SG in the past.

I am intrigued to see how Arenas and Wall will play together, and there is indeed a small chance that they will be excellent together and even manage to cope defensively. I admit that I have unspoken reservations about committing to an Arenas trade right now because I do indeed want to see them together. Those reservations are just outweighed by my concerns that any Arenas for expirings trade that is on the table now will not be on the table in the future (due to injury, the new CBA, or a failure of Arenas to play well alongside Wall).

Fortunately, this appears to be a moot issue. It doesn't appear that an Arenas for expirings deal is on the table so we are engaged in a completely hypothetical conversation. I'm happy that I'm not forced to make the choice now. The decision will be much easier once we've seen them together.
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#763 » by JonathanJoseph » Thu Jul 22, 2010 10:15 pm

This continues to be a great thread.

Nate33,

I don't disagree with most of what you say, but your entire take is based on the conclusion that "a $20M per year Arenas is not a good fit for this team". While that may be possible, I think it is unlikely and probably not the case. I think it is more likely that Wall/Arenas are the PERFECT complements.

Usually, a $20M per year player ruins a team's cap situation and limits flexibility. But we don't have that problem. We have cap space AND $9M in expirings this season AND $8M in expirings the next season. If a Kwame-for-Gasol type trade is available, we have the flexibility to go after it.

And beyond that, assume Arenas stays the '09 22/7 guy. Those are Joe Johnson/Monte Ellis numbers. Even if we COULD replace Arenas' production with a similar player, it's not going to come that much cheaper. Teddy will pay the luxury tax if we have a good handful of home playoff games.

And finally, the guy is 28 years old. And even though he's got the injury history, he's also reduced the wear and tear he'd have otherwise. Manu Ginobli and Stephen Jackson are 32. Ray Allen is 35. Arenas should have a long career ahead of him.

I understand the reasons people give for trading Arenas, but they seem to be based on what I would consider false assumptions.
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#764 » by fishercob » Thu Jul 22, 2010 10:33 pm

nate33 wrote:
fishercob wrote:It strikes me that much of your argument that "we are not the right fit for Arenas" is heavily based on the fact that he's a point guard. Is he though? Wasn't the criticism of him in the first place that he wasn't a natural/pure PG -- that he's a natural scorer and not a distributor?

You are correct that this is perhaps my biggest reason for advocating trading Arenas. My biggest concern with Arenas at SG isn't so much his offense, it's his defense. That said, you are correct that Arenas has had some success (on offense) at SG in the past.

I am intrigued to see how Arenas and Wall will play together, and there is indeed a small chance that they will be excellent together and even manage to cope defensively. I admit that I have unspoken reservations about committing to an Arenas trade right now because I do indeed want to see them together. Those reservations are just outweighed by my concerns that any Arenas for expirings trade that is on the table now will not be on the table in the future (due to injury, the new CBA, or a failure of Arenas to play well alongside Wall).

Fortunately, this appears to be a moot issue. It doesn't appear that an Arenas for expirings deal is on the table so we are engaged in a completely hypothetical conversation. I'm happy that I'm not forced to make the choice now. The decision will be much easier once we've seen them together.


This is a valid concern. Gil has been an "uninterested" defender in the past, to put it kindly, and when you're playing matchups in your head it's really tough to see Gilbert guarding Kobe successful in the NBA Finals. But that's one guy.

Who else is just too big at the two for Gil to match up with physically. Perhaps Brandon Roy? And then of course whoever has size on Gil will have to chase him on the other end.

I actually think Gil can be a passable defensive two-man if the frontcourt improves defensively. Maybe that involves some combo of Young, Booker, Blatche, Mcgee and Seraphin, or maybe that help comes from off the roster. I definitely think there's hope on that front with Flip at the helm. As we discussed, he led us to a better DRtg ranking in his first year than any year of the EJ era and he oversaw great defensive teams in Detroit and Minnesota.

And much like offense, NBA defense is somewhat about individual skill and ability but largely about team defensive scheme and team execution thereof. I think Gil can be a part of a good defensive team. He needs the right influences for sure, but it's safe to say that he hasn't had anything close to that in his time here yet.

We'll see this year. I'm hopeful. It won't be pretty early on, but I think the second half of the season could be a promising window into the future.
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#765 » by Kanyewest » Thu Jul 22, 2010 10:35 pm

fishercob wrote:First off, what has the size of the New York market ever brought the Knicks? That franchise has won nothing in a decade, and they just whiffed on the top tier free agents. They'll score a lot this year, but they'll have terrible defense.

Second, I have no recollection of Gasol having a short list. I seem to remember the trade coming out of nowhere and it being motivated by Heisley's desire to save money. Memphis was terrible at the time and he figured he could lose just as easily without paying Pau big money as he could by paying him. LA offered a big enough expiring as well as a recent mid-first rounder, a future first and the rights to part of the same gene pool they were trading. You can see Heisley's logic, awful as it was.

Remember, the Lakers weren't "The Lakers" when Pau got traded there. Their previous three seasons had two first round exits and a lotto appearance. I really don't think Pau and his agents conspired to get him to LA. They just wanted out of Memphis.


I'm confused as well why CP3 wants to go to NY as opposed to staying in New Orleans which is a great city. The only logical reason that comes to mind is that the Knicks are a big market team in that they are willing to pay more money to build a better supporting cast around the team. I bet New Orleans is telling Paul that they can't do anything because they are hurt by the luxury tax.

You are right that Pau Gasol didn't have a list (for some reason I forgot). Although, I do remember grumblings about him wanting to leave Memphis beforehand. Remember the Wizards trading Juan Carlos Navarro for that conditional 1st round pick that was used in probably 10,000 trades only to be used to acquire Javaris Crittenton. That was a trade done to appease Pau Gasol who was very unhappy with the team at the time. It wouldn't surprise me if there was a list though because there were teams out there
who supposedly had better offers like the Bulls.

The Lakers were actually turning the corner a bit in 2007 and were one of the better teams before Bynum went down with a knee surgery- that's what their record indicated; I believe they were a top 3 seed before the Gasol. Probably a big reason was that they replaced Smush Parker with Derek Fisher. The Lakers were probably going to get to the 2nd round, if Bynum didn't get injured.

I guess you are right though that it isn't the fact NY is a big city. It probably whether a franchise is willing to go into the luxury tax significantly to build a winner. That is one common attribute of Orlando, the Lakers, the Blazers, and New York which are all part of CP3s's list of desired locations.
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#766 » by DCZards » Fri Jul 23, 2010 3:09 am

nate33 wrote:You are correct that this is perhaps my biggest reason for advocating trading Arenas. My biggest concern with Arenas at SG isn't so much his offense, it's his defense. That said, you are correct that Arenas has had some success (on offense) at SG in the past.


Flip said the numbers show that GA played decent D against SG last season because they are not as quick as PGs. With his length and 6-4 height I can see GA playing good D against most SGs...if the desire is there.
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#767 » by JonathanJoseph » Fri Jul 23, 2010 5:26 am

Kool aid alert.

First I read that Blatche looks "noticably sleeker". Then I read this about McGee with Team USA. From the Hangtime Blog at NBA.com, talking about the scrimmage today:

After Durant, I think the star of the 10 minutes was McGee. The last-minute addition to the roster was active. He had a block, a couple of interior shot-contests and a few strong rebounds, two of them offensive and one of those a huge put-back dunk off a Durant miss. McGee did go 0-for-2 from the line though.


http://hangtime.blogs.nba.com/2010/07/22/thursday-scrimmage-impressions/

Wall/Arenas/Blatche/McGee could be a real threat sooner than anyone thinks.
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#768 » by hands11 » Fri Jul 23, 2010 5:28 am

So it seems to in large part come down to people concern about Gil playing D. I can see that.

But for all the reasons already posted, I like his chances of doing a lot better with these teammates and with Flips system what will now be in it's second year here.

It's been a top of conversation about Gil for year. It's been a long time since I posted the article and I'm not going to go hunting for it. I'll admit I didn't see Gil in college nor at GS, but I remember the article talking about how GIl used to be a good defender I in college or in the beginning at GS.

Does anyone have any information on Gils D from back in the day ?
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Re: Arenas for Vince? 

Post#769 » by nate33 » Fri Jul 23, 2010 12:52 pm

GhostOfKwame wrote:Stupid question... If we buy him out, would we still have his expiring cap space to trade at the deadline? If so that would be fantastic because there probably won't be the best of BOYD options next offseason with that space.

No. If we buy him out, his buyout fee (which is likely to be substantial, maybe $15M or so) will count against our cap this year and it will not be movable in a trade.

It's not a huge issue though. Any team trading for Vince's expiring contract at the Trade Deadline would be looking to save money NEXT year, not this year. As such, they could simply make the same trade with us next summer, only we'd be using our raw cap space to facilitate the trade rather than Vince's expiring.

If we do acquire Vince, my guess is that we would look to trade him (either immediately or at the trade deadline) for an expiring contract that doesn't come with a $4M buy out fee next year.
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#770 » by nate33 » Fri Jul 23, 2010 12:54 pm

JonathanJoseph wrote:Nate33,

I don't disagree with most of what you say, but your entire take is based on the conclusion that "a $20M per year Arenas is not a good fit for this team". While that may be possible, I think it is unlikely and probably not the case. I think it is more likely that Wall/Arenas are the PERFECT complements.

Are you saying that if Arenas was an unrestricted free agent this summer, you would actively pursue him and sign him a 4-year, $20M contract?
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#771 » by WizStorm » Fri Jul 23, 2010 1:25 pm

Boy do I hate these hypotheticals. My question then would be if Vince Carter was a FA, would you pursue him for a 2 year, 35 million deal (with a $4 million buyout clause on the 2nd year) and also possibly give up a 1st round draft pick in order to sign him?

With the Wizards bed already made and with the Wizards not having any pressing financial motivation to move Gil at the present time, I don't see the urgent need to move Gil for any of the "realistic" proposed deals that i've seen.

Even factoring in a drastic CBA re-write on the horizon, the Wizards are still in great financial shape no matter what the outcome, especially when you look at their financial situation in relation to the other teams in the league. If you believe the Wizards are going to be squeezed, then you have to assume that 90% of the other teams in the NBA are going to be in dire financial straights (which isn't going to happen). Even in a worst case scenario with a greatly reduced cap, i'm sure there would be a provision for teams to rid themselves of cap clogging contracts. And if Gil isn't living up to expectations by that time, the Wizards can simply drop him at that time and still be way ahead of the financial curve instead of merely being in good financial shape (with Gil).
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#772 » by nate33 » Fri Jul 23, 2010 1:32 pm

WizStorm wrote:Boy do I hate these hypotheticals. My question then would be if Vince Carter was a FA, would you pursue him for a 2 year, 35 million deal (with a $4 million buyout clause on the 2nd year) and also possibly give up a 1st round draft pick in order to sign him?

C'mon WizStorm. You're better than that. Your analogy is completely false. We're not talking about signing Vince Carter with raw cap space to a $35M deal. We're talking about exchanging Gil's $80M salary obligation for Vince Carter's $22M salary obligation.

My point was to explore JJ's assertion that Arenas is the PERFECT fit. I was trying to get him to examine his thoughts more carefully to see if he would reassess that evaluation.
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#773 » by WizStorm » Fri Jul 23, 2010 1:42 pm

nate33 wrote:
WizStorm wrote:Boy do I hate these hypotheticals. My question then would be if Vince Carter was a FA, would you pursue him for a 2 year, 35 million deal (with a $4 million buyout clause on the 2nd year) and also possibly give up a 1st round draft pick in order to sign him?

C'mon WizStorm. You're better than that. Your analogy is completely false. We're not talking about signing Vince Carter with raw cap space to a $35M deal. We're talking about exchanging Gil's $80M salary obligation for Vince Carter's $22M salary obligation.

My point was to explore JJ's assertion that Arenas is the PERFECT fit. I was trying to get him to examine his thoughts more carefully to see if he would reassess that evaluation.
Sure my analogy is false, just like yours was. I don't think you can simply take out one side of the equation or the other, throw out all the context and then act like it's a legitimate question.
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#774 » by Ruzious » Fri Jul 23, 2010 1:51 pm

WizStorm wrote:
nate33 wrote:
WizStorm wrote:Boy do I hate these hypotheticals. My question then would be if Vince Carter was a FA, would you pursue him for a 2 year, 35 million deal (with a $4 million buyout clause on the 2nd year) and also possibly give up a 1st round draft pick in order to sign him?

C'mon WizStorm. You're better than that. Your analogy is completely false. We're not talking about signing Vince Carter with raw cap space to a $35M deal. We're talking about exchanging Gil's $80M salary obligation for Vince Carter's $22M salary obligation.

My point was to explore JJ's assertion that Arenas is the PERFECT fit. I was trying to get him to examine his thoughts more carefully to see if he would reassess that evaluation.
Sure my analogy is false, just like yours was. I don't think you can simply take out one side of the equation or the other, throw out all the context and then act like it's a legitimate question.

Hold on there. Nate's $80 mil figure is based on the actual amount due to Arenas. Actually, it's not just based on reality; it is reality. Where did your $35 mil figure come from?
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#775 » by AnotherFinn » Fri Jul 23, 2010 1:54 pm

Vince Carter
2010-2011 $17,300,000

2011-2012 $18,000,000 (team option)
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#776 » by Benjammin » Fri Jul 23, 2010 1:59 pm

WizStorm wrote:
nate33 wrote:
WizStorm wrote:Boy do I hate these hypotheticals. My question then would be if Vince Carter was a FA, would you pursue him for a 2 year, 35 million deal (with a $4 million buyout clause on the 2nd year) and also possibly give up a 1st round draft pick in order to sign him?

C'mon WizStorm. You're better than that. Your analogy is completely false. We're not talking about signing Vince Carter with raw cap space to a $35M deal. We're talking about exchanging Gil's $80M salary obligation for Vince Carter's $22M salary obligation.

My point was to explore JJ's assertion that Arenas is the PERFECT fit. I was trying to get him to examine his thoughts more carefully to see if he would reassess that evaluation.
Sure my analogy is false, just like yours was. I don't think you can simply take out one side of the equation or the other, throw out all the context and then act like it's a legitimate question.


I think we have plenty of context. The folks who advocate re-setting Gil's deal through a trade for Vince's contract are acutely aware of the context. Many of us also have a strong fondness for Gil and hope that he will come all the way back and experience redemption. But, IF you had to choose one of these two options, would you rather re-sign Gil for 4 years and 80 million dollars or would you rather sign Carter to a two year deal worth 17 million the first year, with a 4 million buyout the second?

It's not that complicated. If you feel that Gil's play and deal will be what the Wizards need to build a contending team, then we should keep him. Keep in mind there is the risk that he won't come all the way back or could get hurt again. There is the risk if you trade him for basically cap space that the Wizards won't utilize it effectively over the next few years.

I think that a new collective bargaining agreement will benefit teams with significant financial flexibility. Even if there is another Allan Houston amnesty rule, that only applied the last time to the luxury tax. The money stayed on a team's salary cap. If the Wizards keep Gil, I hope he will play great with Wall, come all the way back, experience renewal and redemption. But even with that, I don't know that he will be worth his contract and that having financial flexibility over the next two to three years will eventually pay bigger dividends than keeping Gil and significantly reducing any downside risk.

I don't think that the proponents of keeping Gil rather than getting the financial flexibility are adequately taking into the downside risks if things don't go well with Gil, my primary concern being yet another injury.
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#777 » by Hoopalotta » Fri Jul 23, 2010 2:03 pm

^ very well said. I don't usually bother with posting for 'back pats', but that was uncommonly balanced and objective.
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#778 » by Benjammin » Fri Jul 23, 2010 2:06 pm

AnotherFinn wrote:Vince Carter
2010-2011 $17,300,000

2011-2012 $18,000,000 (team option)


The team option in 2011-2012 has a 4 million dollar buyout in its provisions.
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#779 » by WizStorm » Fri Jul 23, 2010 2:28 pm

Benjammin wrote:I think we have plenty of context. The folks who advocate re-setting Gil's deal through a trade for Vince's contract are acutely aware of the context. Many of us also have a strong fondness for Gil and hope that he will come all the way back and experience redemption. But, IF you had to choose one of these two options, would you rather re-sign Gil for 4 years and 80 million dollars or would you rather sign Carter to a two year deal worth 17 million the first year, with a 4 million buyout the second?

It's not that complicated. If you feel that Gil's play and deal will be what the Wizards need to build a contending team, then we should keep him. Keep in mind there is the risk that he won't come all the way back or could get hurt again. There is the risk if you trade him for basically cap space that the Wizards won't utilize it effectively over the next few years.
I have absolutely no problem if the question is phrased that way. And I would choose keeping Gil between the 2 options, and especially so if a draft pick is part of the equation. I simply prefer Gil as the ideal complimentary backcourt mate to Wall as opposed to someone like Vince. I believe Gil still has the chance to be a very special player once again in the NBA and I believe his redemption story would be a major draw in the DC market that helps the Wizards bottom line. I also believe that DC could actually become an attractive destination for big men around the league that want to play with one of the most dynamic backcourts in the NBA.

Benjammin wrote:I think that a new collective bargaining agreement will benefit teams with significant financial flexibility. Even if there is another Allan Houston amnesty rule, that only applied the last time to the luxury tax. The money stayed on a team's salary cap. If the Wizards keep Gil, I hope he will play great with Wall, come all the way back, experience renewal and redemption. But even with that, I don't know that he will be worth his contract and that having financial flexibility over the next two to three years will eventually pay bigger dividends than keeping Gil and significantly reducing any downside risk.

I don't think that the proponents of keeping Gil rather than getting the financial flexibility are adequately taking into the downside risks if things don't go well with Gil, my primary concern being yet another injury.
Thank you for addressing the other part of my argument. I can appreciate the concerns with Gil reinjuring himself, a risk that every team that pays big dollars for free agents is saddled with. After watching Gil play last season on his repaired leg and the fact he got a league imposed break that allowed Gil to have even more time fully heal his leg, i'm confident that the re-injury risk to Gil is not any greater than most any other player. That is a big reason why I am so adament that dumping Gil is not the right move at the current time.

As far as the CBA goes, I simply don't see a way that owners will agree to a system where they are hurting their competitive advantages. As long as the Wizards stay in the upper 10% of teams with financial flexibility, they are in good shape with or without Gil's contract. And i'm nearly 100% sure there will be an Allan Houston rule or some sort of grandfathered max deal that will be implemented to aid teams with large contracts on the books. That is where the injury risk for Gil is somewhat mitigated and allows for a 1 year trial to see just how good a Gil/Wall duo can be. If the duo doesn't work or Gil reinjures himself or just isn't the same player, the Wizards will have an out without having to actually endure a season of VC and a potential loss of a draft pick.
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nate33
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Re: Arenas for Vince or dump Arenas for cap space? 

Post#780 » by nate33 » Fri Jul 23, 2010 2:38 pm

WizStorm wrote:And i'm nearly 100% sure there will be an Allan Houston rule or some sort of grandfathered max deal that will be implemented to aid teams with large contracts on the books. That is where the injury risk for Gil is somewhat mitigated and allows for a 1 year trial to see just how good a Gil/Wall duo can be. If the duo doesn't work or Gil reinjures himself or just isn't the same player, the Wizards will have an out without having to actually endure a season of VC and a potential loss of a draft pick.

The last time the Allan Houston rule was instituted, it only provided relief from the luxtax; it did not provide salary cap relief. For example, consider a hypothetical team with a $70M payroll including a $20M dead weight contract. The luxtax is $65M, and the salary cap is $58M. If this hypothetical team used the Allan Houston rule to dump the $20M deadweight contract, their cap number would remain $70M but their luxtax number would be $50M. They would be under the luxtax but would not have $8M in raw cap space to go find another player.

Basically, the Allan Houston rule only provides help for the owner's wallet. It does little to facilitate player movement. In our scenario, I don't see any way that we'll be over the luxtax in the foreseeable future, so I don't see how a new Allan Houston rule is going to help us in any way.

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