Can someone help explain to me an expiring contract?

mattlanta · Post #1 » by **mattlanta** » Mon Mar 2, 2009 3:37 am

I'd like ot know what the true dynamics are of an expiring contract. Someone said that Speedy's contract is the perfect BYC (don't know what that is either) expiring.

I'm not really into the know when it comes to the financial part of basketball. I'd just like to know what's the big deal about Speedy's contract and I know it's expiring... but are expiring contracts basically free cap space to anyone who has them? I'm just wondering.

And who do you guys see as suitors for Speedy's contract and what would we be able to get out of him in a trade do you think?

raleigh · Post #2 » by **raleigh** » Mon Mar 2, 2009 3:53 am

I'll explain what I meant as soon as I calm down.

mattlanta · Post #3 » by **mattlanta** » Mon Mar 2, 2009 4:02 am

yeah i'm so **** pissed that jj missed that shot. and he missed three FTs too! he could have **** made up for it if he had just put some more touch on that J... DAMN!!!

killbuckner · Post #4 » by **killbuckner** » Mon Mar 2, 2009 2:18 pm

People always misunderstand the point of expiring contracts. Expiring contracts aren't valuable- they are worth slightly less than nothing. You would rather not have the contract at all. But sometimes there are good players (even very good players) that are worth MUCH less than nothing. And right now with the cap going down there are many more contracts that teams want to be rid of so in comparison expiring contracts are worth even more. But expiring contracts are simply worth whatever "bad" contract you are willing to take on- and its because the other team would rather be out of the contract.

BYC is too complicated to explain and you would want to read here first. http://members.cox.net/lmcoon/salarycap.htm#Q73

But the quick version of why expiring contracts are nice to facilitate tradesis to say that a team can only take back 125% + 100k of salaries it sends out. So you can often make the math easier by adding in more expiring contracts because it makes that 125% bigger. Say the Hawks wanted to trade Mo Evans to Utah for CJ miles. Straight up that trade doesn't work. But if you make it Evans and Claxton for Miles and Harpring then it goes through no problem because of the bigger salaries involved.

raleigh · Post #5 » by **raleigh** » Mon Mar 2, 2009 2:22 pm

I've observed that the expiring contracts of crappy players are traded more often than the expiring contracts of decent-to-good players. Perhaps teams like not having to worry about fitting a guy into a rotation...