Official: Shaun Livingston to Heat

shrink · Post #1 » by **shrink** » Fri Oct 3, 2008 6:25 pm

http://www.sun-sentinel.com/sports/sfl- ... 9823.story

The Miami Heat today put the final touches on a two-year contract with free-agent guard Shaun Livingston.

The expectation from the Livingston camp is that the 2004 Los Angeles Clippers first-round pick will be able to get on the court at some point this season. Livingston, in fact, had been cleared to test his left knee late last season, although he never made it to the court.

The second year of Livingston's contract involves an option, although a decision on that 2009-10 portion of the deal likely would be settled well in advance of next season.

shrink · Post #2 » by **shrink** » Fri Oct 3, 2008 6:27 pm

This is interesting as well, for this board.

ClipperDomination wrote:
The Miami Herald just posted a story reporting that former Clipper Shaun Livingston is ``within hours of joining the Miami Heat.''

The story also indicates that ``The addition of Livingston likely will lead to another significant transaction, with Riley vowing to keep his team from the dollar-for-dollar luxury tax on excessive payroll.

``Among the options for the Heat could be trading the likes of Daequan Cook or Dorell Wright into another team's salary-cap trade exception, possibly with the incentive of also including a second-round draft choice and cash.''

From Inside the Clippers, the daily news blog.

http://www.insidesocal.com/clippers/

"Significant transaction?" Marion trade?

And who has a TPE that could use Cook or Wright?

Post #3 » by **loserX** » Fri Oct 3, 2008 6:39 pm

^I suspect the "significant transaction" means the Cook/Wright dump. The addition of Livingston will not affect what happens with Marion.

Seattle has capspace, and already went after CJ Miles...if they're not over the moon with Kyle Weaver, I'm sure they could take Cook.

Post #4 » by **CellarDoor** » Fri Oct 3, 2008 6:43 pm

This seems like an interesting move for the heat. I've heard different reports extending Livingston's recovery THROUGH next season too. It seems like they're paying him to rehab and, unless he explodes, then letting him go in 2010. Also, what sort of effect does this have on their capspace and hopes for Boozer or someone next year?

miamiballer · Post #5 » by **miamiballer** » Fri Oct 3, 2008 6:45 pm

no way we let cook for free IMO

wright i could see being traded given our glut at sf for 2nd rd picks and cap space

banks and wright anyone for expiring crap anyone?

JD45 · Post #6 » by **JD45** » Fri Oct 3, 2008 6:49 pm

I am surprised he had so much difficulty getting a deal.

shrink · Post #7 » by **shrink** » Fri Oct 3, 2008 6:50 pm

JD45 wrote:I am surprised he had so much difficulty getting a deal.

Really?

Post #8 » by **CellarDoor** » Fri Oct 3, 2008 7:12 pm

shrink wrote:
JD45 wrote:I am surprised he had so much difficulty getting a deal.

Really?

Awesome, That was totally not necessary for me to see again.

As to the Banks/Wright for expirings:

First of all, I'm not sure anyone would do it, second of all why would you want to roll into the season with no PG active other than your rookie 2nd rounder?

RonaldArtest · Post #9 » by **RonaldArtest** » Fri Oct 3, 2008 7:22 pm

Jason Kapono + Joey Graham + Will Solomon + 2010 first round pick + cash

for

Daquan Cook + Dorrell Wright + Joel Anthony + Marcus Banks + 2009 second round pick

They get two expirings and their sharp-shooter Pono back.

Raps get their future SG and added depth.

Post #10 » by **BBallFreak** » Fri Oct 3, 2008 7:53 pm

RonaldArtest wrote:Jason Kapono + Joey Graham + Will Solomon + 2010 first round pick + cash

for

Daquan Cook + Dorrell Wright + Joel Anthony + Marcus Banks + 2009 second round pick

They get two expirings and their sharp-shooter Pono back.

Raps get their future SG and added depth.

Not on your life.

shrink · Post #11 » by **shrink** » Fri Oct 3, 2008 7:56 pm

CellarDoor wrote: Awesome, That was totally not necessary for me to see again.

You know, I was honestly debating whether to post it. I think the picture brings a realism to the high expectations that are starting to surround Livingston, but on the other hand, I have a bad reaction to that picture that is more extreme than some of the bad language or insults that are deemed unacceptable. I'll edit it out, if people want me to, but that was the situation.

On the signing itself, I think its worth a shot for MIA, if they can find another way to get back under the lux. I believe they are about $400,000 under the lux now, so if he was signed for, say, $1.5 mil, it would cost the Heat:

$1.5 mil (salary) + $1.1 mil (salary over the lux threshold) + $2.5? mil (loss of lux share) = $5.1

The gamble may be worth $1.5 mil, but the actual $5.1 mil cost is too much, in my book. And that's not even talking about whether next year is guaranteed salary. If MIA has another salary reducing-move out there, then the gamble makes sense. If not .. no.

shrink · Post #12 » by **shrink** » Fri Oct 3, 2008 8:02 pm

I'd also point out to the traders, that the Heat don't need expirings .. they need TPE's, or a deal big enough so that the 25% cba difference in trade saves them enough money to get back under the lux threshold.

The TPE is going to be very valuable to them now, for the same reasoning in my last post. Late firsts get sold for $3 mil, and in the example, a TPE saves them more than that.

Post #13 » by **BBallFreak** » Fri Oct 3, 2008 8:03 pm

We can't sign him to a $1.5 million deal. We either sign him to the LLE, which is more than that and cannot be split up, or the minimum which is about a third of that...

shrink · Post #14 » by **shrink** » Fri Oct 3, 2008 8:06 pm

BBallFreak wrote:We can't sign him to a $1.5 million deal. We either sign him to the LLE, which is more than that and cannot be split up, or the minimum which is about a third of that...

The BAE (LLE) is $1.91, which makes the gap even bigger. I suppose the minimum is a possibility, but I expect that would mean at least a year or two of player options.

I think it can be split, according to Larry Coon

Larry Coon wrote: This exception may not be used two years in a row (and if the $1 Million exception was used in 2004-05, the Bi-Annual exception may not be used in 2005-06). It may be split and given to more than one player, and can be used to sign players for up to two years, with raises limited to 8%. Also see question number 20 for more information on the availability and use of this exception.

http://members.cox.net/lmcoon/salarycap.htm

pardon_my_interruption · Post #15 » by **pardon_my_interruption** » Fri Oct 3, 2008 8:18 pm

Nobody's taking Marcus Banks to get Dorell Wright.

Grizzlies have the cap space and need for a genuine backup for Rudy Gay at the 3.

But the Grizzlies suck and I don't expect them offer to take him using our cap space.

eslr · Post #16 » by **eslr** » Fri Oct 3, 2008 8:21 pm

miamiballer wrote:no way we let cook for free IMO

wright i could see being traded given our glut at sf for 2nd rd picks and cap space

Cook is as good as gone if it gets the Heat under the lux tax. Guys like him are given away every season. I doubt you would be the one ending up getting a pick.

eslr · Post #17 » by **eslr** » Fri Oct 3, 2008 8:24 pm

pardon_my_interruption wrote:Nobody's taking Marcus Banks to get Dorell Wright.

Grizzlies have the cap space and need for a genuine backup for Rudy Gay at the 3.

But the Grizzlies suck and I don't expect them offer to take him using our cap space.

Anyone who wanted Dorell would have signed him as a FA. There just isn't much of a market for him. You could hope that he pciks it up to begin the season and make him a valuable asset for another team to take a shot on.

Post #18 » by **BBallFreak** » Fri Oct 3, 2008 8:27 pm

eslr wrote:Anyone who wanted Dorell would have signed him as a FA. There just isn't much of a market for him. You could hope that he pciks it up to begin the season and make him a valuable asset for another team to take a shot on.

He was a restricted free agent, so that's not the case.

As for Cook, on that we agree. Move him along. Moving him doesn't hurt us. We've got Diawara, Jones, and Wright all capable of playing behind Wade. Moving Cook means more cap space next year or in 2010...

pardon_my_interruption · Post #19 » by **pardon_my_interruption** » Fri Oct 3, 2008 8:29 pm

eslr wrote:
pardon_my_interruption wrote:Nobody's taking Marcus Banks to get Dorell Wright.

Grizzlies have the cap space and need for a genuine backup for Rudy Gay at the 3.

But the Grizzlies suck and I don't expect them offer to take him using our cap space.

Anyone who wanted Dorell would have signed him as a FA. There just isn't much of a market for him. You could hope that he pciks it up to begin the season and make him a valuable asset for another team to take a shot on.

Well being that he can't be traded til December, that might have to be the case anyway (regarding the performance).

And as mentioned, he was a restricted free agent.

eslr · Post #20 » by **eslr** » Fri Oct 3, 2008 8:31 pm

BBallFreak wrote:
eslr wrote:Anyone who wanted Dorell would have signed him as a FA. There just isn't much of a market for him. You could hope that he pciks it up to begin the season and make him a valuable asset for another team to take a shot on.

He was a restricted free agent, so that's not the case.

As for Cook, on that we agree. Move him along. Moving him doesn't hurt us. We've got Diawara, Jones, and Wright all capable of playing behind Wade. Moving Cook means more cap space next year or in 2010...

Well reports say there was no significant interest in Wright, and certainly not enough for any team to even bother signing him to an offer sheet. He is a young and intriguing prospect, but taking Wright and getting the Heat below lux tax level saves them an unreal amount of money, and I think any team doing that would demand a 2nd round pick at least.