Where Are They Now, 2010; Part 28

One final Mengke Bateer note - while I called him Mongolian earlier, he's actually from Inner Mongolia, which is considered part of China, in much the same way Vermont is considered part of the USA. I didn't realise that there was a difference between Mongolia and Inner Mongolia, but there is, and so I will bring that difference to you now.

And for some old dudes.


- Penny Hardaway

Hardaway last played in December 2007 with the Miami Heat. Finding anything that he's done since then has not been easy. His website is just a shade out of date, and if he has business interests then I don't know what they are. What we know for sure is that two years ago he gave a million dollars to the University of Memphis two years ago, because John Calipari has a way of making things like that happen.



- DeVon Hardin

Thunder draft pick Hardin played in Greece last year, but now he's back where they can keep an eye on him. Hardin is with the Thunder's D-League affiliate, the Tulsa 66ers, but he's not doing very well there. In 27 games with 20 starts and 20.5 minutes per game, Hardin is averaging only 5.2 points and 4.7 rebounds per game, with 155 points on 122 shots and a foul every 8 minutes. It should be somewhat simple for an NBA calibre big man to put up near-double double stats in the D-League; even Chris Richard managed to do it, when his 9/8 for the 66ers was deemed sufficient to be signed three times by the Chicago Bulls. But Hardin hasn't done it, nor has he come close to it. His minutes have affected somewhat by the Thunder's assortment of assigned players, including big men D.J. White and B.J. Mullens at various times. Yet it's not really an excuse.



- Matt Harpring

Harpring was a member of the Thunder's roster until just after the trade deadline, when the Thunder quietly waived him. Before that time, Harpring was doing TV work for the Utah Jazz; after that time, he still is.

Dallas' deadline deal for Caron Butler and Brendan Haywood was proof, to an extent, of what I said at the time about the deal that first brought Harpring and Eric Maynor to Oklahoma City. Had OKC held on to that cap space longer, I believe they could have gotten more for it; by offering some long term salary relief (which OKC could do), as well as short term salary relief (which OKC could do even better than Dallas), OKC could have received the package that Dallas did instead. The Thunder are already very good, but put Brendan Haywood on this team, and they become amongst the West's very best. This was doable. And so while Maynor is a nice player for them, I still think it was premature, and a misappropriation of their unrivalled resources. (Of course, this can never be proven. But the Dallas deal suggests it was the case.)

Also, by not getting under the luxury tax despite trimming so much salary, Utah fails. Close, but close wasn't enough. Since it's the kind of thing I like to wonder about, I wonder if there were avenues available to them to do so that they just deemed to be too far. For example, OKC and Presti were the ones who gave C.J. Miles that contract in the first place; is there no conceivable way in which Utah could have palmed him off there, even if it's only for Kyle Weaver? Just thinking out loud here. Maybe they decided dumping three rotation players just to save money was too much to justify. But whatever the reason they had for not getting under the tax - be it by choice, or because they couldn't get it done - Utah know that it's possible to dump a good player on an average salary and pick up a comparable player for the minimum. They know this because they've done it, and so if they could have done it one more time with this Miles to OKC deal, then perhaps they should have.

The counter argument to that says that, if C.J. Miles is so readily replaceable with a cheaper player, then OKC could just pick up the cheaper player instead should they need to. That counter argument makes a valid point. And so perhaps that answers my own question as to the viability of a Miles-to-OKC deal. (The fact that the Thunder have acquired Thabo Sefolosha and James Harden since that offer sheet was signed is also not insiginificant. Oklahoma City no longer have a place for Miles.)

But the larger, general point remains. You see it a lot, when D-League players come in and contribute at least 85% of what the multi-year veteran they're replacing can give, to a watching audience shocked by their competence. This happens every year, and this year has been no different, with players such as Sundiata Gaines, Reggie Williams, Anthony Tolliver, Chris Hunter and others readily contributing to NBA teams. Utah themselves kind of did this when they brought in Wesley Matthews in the offseason, a man so beautifully average that he made Ronnie Brewer expendable. About 40 or so NBA rotation players are entirely replaceable by players outside of the NBA, who would be deemed to have NBA talent had they had the opportunity/fortune of those in front of them. This is particularly the case with wing players, but also applies to all positions, and it's not just something that's been the case since the D-League existed. For example, for all these years Calvin Booth has been bringing in paychecks and signing multi-year contracts, how much worse than him has Zendon Hamilton been? Pretty much no worse at all, really. But Booth had opportunity and fortune, and Hamilton did not. So Hamilton grafted for whatever money and employment he could get, while Booth got much more money than his play merited and a prolonged career based off one timely summer. It's somewhat unfair, but it's just how it is. (And despite how it may appear, that's not meant pejoratively towards Booth. Take what you can get, Calvin, and God bless you for that.)

The NBA prefers familiarity, and familiarity breeds the opposite of contempt. Some players get more than they deserve, while their comparable peers run up the air miles just trying to find the right situation. There is nothing especially wrong or flawed about this circumstance, and it sure as hell applies to all works of life in some way. Yet it perhaps should be less of a surprise when a D-Leaguer or undrafted free agent is brought in and is able to be a consistent distributor in an NBA rotation. It's normal, it's sensible, and it's worth considering when you start giving average players MLE money. Any team that does its homework can find minimum salary talent. Utah are one such team - they've since done it again with Othyus Jeffers - and it's a shame they didn't have one more left in the gun.



- Adam Harrington

Every year, I mean to keep a list of players who were bought out of their D-League contracts midseason to go and play somewhere else around the world. And every year, I forget. I do keep a list of NBA call-ups and assignments, but that's not the same thing. I'm talking about moves such as Carlos Powell to Liaoning, Courtney Sims to Puerto Rico, Zabian Dowdell to Unicaja Malaga, etc. But I never remember.

One such move that was entirely overlooked was that of Adam Harrington, who started the season with the Springfield Armor before being bought and moving to Poland to join SKK Kotwica Kolobrzeg. (The very same.) Harrington averaged 8.7 points and 4.0 rebounds for the Armor, compared to 11.2 points and 2.0 rebounds for Kolobrzeg.



- Lorinza "Junior" Harrington

Junior Harrington is also in Poland, playing for Asseco Prokom Gdynia. Gdynia are still in the Euroleague, preparing for a quarter final matchup against the mighty Olympiakos. So despite how much they've achieved just to get this far, they're in trouble now. Harrington is a small part of this run, averaging 3.5 points and 1.7 assists in the Polish league, alongside 1.8ppg, 1.4apg and 1.3 spg in the Euroleague.



- Othella "Senior" Harrington

Othella played 3 games in the D-League last year, after taking a long time to recover from knee surgery. He did not play very well in them, yet they were his only games all season. And this year, Othella has played 3 fewer games than that. He tried out for a spot with Petrochimi in Iran back in December, but did not make the team. He remains unsigned.



- Lucious Harris

After many years of trying, we might have found something.



- Mike Harris

Harris has had three stints in the NBA this year. He started with the Thunder, with whom he signed for training camp before being waived in favour of Ryan Bowen, and later returned to the Rockets for a couple of weeks, for whom he appeared in 2 games. Later on came a ten day contract with the Wizards, for whom he played 13 minutes and scored 4 points. And in between those gigs has been the D-League, where Harris once again finds himself. For the Rio Grande Valley Vipers, Harris is averaging 27.0 points and 10.3 rebounds, leading the league in scoring and ranking third in rebounds per game.



- Paul Harris

Syracuse grad Harris started the season in training camp with the Utah Jazz, but that earlier rant should give you an inclination of how that worked out. Harris got injured in camp and never appeared in a preseason game, and even though he was later taken 8th overall in the 2009 D-League Draft by the Maine Red Claws, he hasn't played in the D-League this season either due to the injury. Harris declared after his junior year, and could be on the number 1 ranked Orange right now, but as it is, he sits unsigned in the D-League player pool rehabbing an ankle injury. This isn't the ideal way to start a professional career, but bad luck can't be helped.

Paul Harris looks pretty freaking similar to Mike Harris in that picture, does he not?



- Terrel Harris

As described here, Harris started the year in France, but it didn't go too well. Upon being released, he returned to America and joined the D-League, being acquired by the Maine Red Claws. In inconsistent playing time over a few months, Harris has averaged 6.0 points and 2.5 rebounds per game, yet shot only 32% from three point range.



Finally....

- David Harrison

Harrison was covered in the 2010 CBA Season Round-up from last week. The CBA regular season just finished, and Guandong won with a 30-2 record. Seasons are finishing and yet I'm only up to H in the alphabet. Eep.

Thunder acquire Eric Maynor and Matt Harpring for PETER FEHSE

I have only 48 things to say about this deal.

1) As his profile suggests, I have long regarded Peter Fehse as a yardstick for a person's NBA knowledge. If a fan knows who Peter Fehse is, they are freaking hardcore and deserve your respect.

Short story short, Peter Fehse is a lanky German with lots of hair, who was drafted in the second round in 2002 as an absolute longshot based on his combination of height and athleticism. He never amounted to anything NBA calibre, partly because he never had NBA calibre to begin with, but also because of constant injuries.

It has been over seven years since Peter Fehse was last heard of in NBA circles; indeed, he's barely even heard in German basketball cirles either. Fehse has not played this season, played in only two games last season, and did not play in 2007/08, all of which is due to injury. As long shot projects go, he was about as fail as a 49th pick can be, and is even more of a throw-in than Andy Betts was when he was traded for Peja Stojakovic in July 2006. Gotta love that.


2) Google the term "peter fehse" and see who's got the second result. This is partly why he's awesome.


3) Oklahoma City were able to make this trade because they had roughly $9 million's worth of cap room. As documented here, Oklahoma City had about as much cap room as anyone this summer, and could have bid on a number of quality players that filled a need (including Utah's very own Paul Millsap, whose new contract is ironically the reason for the need to salary dump in the first place.) They didn't do this, though, instead choosing to sign two of the worst players to have ever had ten or more year careers; Kevin Ollie and Ryan Bowen. Reasons like this are partly why; they maintain their cap flexibility for next summer, while using their untouched space to acquire talent during the season. Just like Memphis did in 2008/09. But more on that later.

It's interesting that they moved so early, too. With so many teams destined to be tax payers this year (14, at last count), you would think it'd be inevitable that, come trade deadline time, teams would be bending over in front of the Thunder, offering up penetration or whatever Sam Presti wanted if it meant that they could use some of the Thunder's cap space to save some of their excess salary. Yet instead of waiting for the deadline, Presti has acted two months early, and used it up on a projected backup. Maybe that was the best deal they can get. Maybe they have further plans for Harpring's expiring, and needed to get it while they still could. But it seems unlikely that Maynor and Harpring would have been the best available assets had they waited it out.

I guess they just really like Maynor. Perhaps a little too much so. We'll see how this works out come deadline day.


4) Fans of NBA teams never like salary dumps. They don't like seeing good basketball assets - particularly in the form of young players - being traded purely to save money, money that has been otherwise misspent in previous bad personnel moves. And that's good. They shouldn't.

But sometimes, it's the right thing to do. And this seems to be one such moment. With a payroll of $82,180,677 against a luxury tax figure of $69,920,000, the Jazz were on the hook for about $94.5 million in salary this season, their highest amount ever by over $20 million. Naturally, they're kind of not cool with that idea, especially since they're not off to the greatest start this season. So by dumping these two guaranteed salaries for no returning salary, the Jazz save oodles of cash.

(Can't be bothered to work it out exactly, but take away Harpring's salary and Maynor's salary from Utah's cap number, then take it away again in saved tax dollars, then add back on the replacement cost of the 13th player Utah is going to have to sign, and add back on whatever portion of Harpring's contract Utah was able to save on in insurance. That's your total saving. It's in the 8 figures worth. And for 8 figures worth of money, you can buy multiple replacement Maynors.

(By the way, this move brings the Jazz down to roughly $74 million in salary for this season. One more salary dumping move - potentially one involving Kyle Korver - then the Jazz might yet get under the tax threshold. If they do, then once tax rebates are included, their payroll will be nearer $64 million than $94 million. Are you really going to pay $30 million for two backup guards when you don't have to?)

(Don't ask who's going to take on Kyle Korver for no outgoing salary. Details, details.)


5) When Sam Presti uses cap space to acquire Eric Maynor for essentially nothing, he's deemed (in the early going) to be a genius. When Ed Stefanski uses a trade exception to get Rodney Carney and Jason Smith for essentially nothing, no one says anything. When Chris Wallace uses cap space to get Sam Young for essentially nothing, he's an idiot. It's all a matter of your perspective, I guess. (Or rather; it's all about what other people told you to think. Since Sam Presti is currently regarded as Golden Bollocks, in spite of the fact that he gave away Carl Landry for Sasha Kaun, then that's going to be the popular viewpoint of this deal. Which is fine. But so were the others, and yet no one listened then.)

6) The Thunder had to waive two players to accommodate the two incomers, and inevitably the settle upon Mike Wilks and Shaun Livingston. It's another setback for Livingston, who was playing reasonably well now that he's finally healthy again, but he should be able to get more work soon, particularly when 10 day contracts become available in a couple of weeks times.

Wilks is kind of used to this, but it must suck for him too.

7) The Jazz have only 12 players after this deal, so they have to sign someone. You can only have 12 players for two weeks at a time. They also now need a point guard. How about Shaun Livingston?

Creative Financing In The NBA

If you Google the term '"creative financing" otis smith', you'll find quite a few hits. It's long been a favoured phrase for Orlando Magic general manager Otis Smith, and his most famous usage of the phrase came in the run-up to the 2007 offseason. Smith used the term "creative financing" to describe how the Magic were going to handle having maximum cap room, juggling signing other team's free agents with retaining Darko Milicic. It was a fairly generic term that said something without really saying anything. And it only gained its resonance after Smith used all his money to give Rashard Lewis a ridiculously, amazingly, biblically terrible contract

You'll also, slightly depressingly, find this website fourth in those search results. There's a reason for that. "Creative financing" is something that I've harped on about for a while. The financial side of the NBA gives me a jolly; watching and learning how the NBA teams manage (or mismanage) their salary cap space, the luxury tax threshold and all their exceptions gets me off in ways that it really shouldn't. I don't know why it's fun, I only know that it is. I think you agree.

Therefore, there follows a list of some of the better examples of creative financing in the NBA today, some of the ways in which executives and cap experts have manipulated the system, staved off the shackles of oppression, and beaten the terrorists.


- The Bulls set a precedent by signing four players to descending contracts at the same time. At one point, the contracts of all four of Kirk Hinrich, Andres Nocioni, Smiling Joe and Sulking Ben had contracts that shrunk on a year-by-year basis. The idea of this was to maintain future salary flexibility to allow them to retain Ben Gordon, Luol Deng and Tyrus Thomas down the road as well. It didn't work, though; even though they paid them backwards, the Bulls overpaid all four, then overpaid Deng as well, and those combined with a staggeringly powerful fear of the luxury tax unbecoming of a team with such hefty profits (and an irrational hatred of the man) led to Gordon leaving as an unrestricted free agent this summer. Which sucked. Still, it could be worse. They may well have maximum cap room in 2010. (Yay! Because cap space went so well for us last time.)

- The Hawks are currently trying something similar. In the last six weeks, they've re-signed all three of Marvin Williams, Mike Bibby and Zaza Pachulia, all to pretty decent value contracts. All three also have contracts that dip in value in the 2010/11 season, a crucial offseason for the Hawks if they are to be able to pay to keep their star player, Joe Johnson. Knowing this to be true, GM Rick Sund has tried to set himself up to be able to pay all four players without going into the luxury tax. It's a good idea, in a way. But the downside of it is that this means the Hawks are going to be grazing their balls against the powerful stone grinding wheel that is the luxury tax threshold, and all they'll have done is retaining a good yet inadequate core. Of course, they would have had some financial flexibility, but they decided to use it all on Jamal Crawford, instead of re-signing the thoroughly comparable Ronald Murray for a third of the price. It's a strange decision.

- Quite a few players have taken second year dips in multi year contracts. The Magic (the creative financing GENIUSES that they are) once did it with Tony Battie, a move which enabled them to give Lewis even more completely unnecessary money than before. The Raptors have done it with Jarrett Jack, as they'll be struggling to stay under the tax next season. Others to have signed contracts that either descend or that have the occasional dip in them include Kris Humphries, Devin Harris, Speedy Claxton, Jarron Collins and Marcus Camby. But it's not common.

- Contract guarantees can be fun, too. There's way more leeway to them than there is often considered to be. Most unguaranteed or partially guaranteed contracts are guaranteed against lack of skill; that is to say, 'if we don't think you're good enough, we're cutting you.' Furthermore, any of those include dates on which the contract will become guaranteed if the player is still on the roster. But you can get way more creative than that if you want to. One such example is that of Matt Harpring; the Jazz re-signed Harpring to an oversized 4 year $25 million contract, but with conditional guarantees on the fourth year. Harpring were to only be guaranteed $4.5 million if he either:

a) missed 47 games combined during the 2006-07, 2007-08 and 2008-09 seasons due to injuries to his right knee, or
b) missed 35 games in the 2008-09 season only due to injuries to his right knee.

Neither of these happened. Harpring gutted out the injury, as well as a concurrent serious injury to his ankle, and saw through all three seasons. It came at a cost, though; he's now about to retire. What a trooper, though.

- Leon Powe had something similar but different going on with his first contract from the Boston Celtics. Powe signed a three year minimum salary deal with the first year guaranteed, but with performance-related guarantees on the other two years. His second year salary became guaranteed if Powe either made the 2006/07 rookie team, or if his point, rebound and assist averages added together to total more than 14.0 in more than 41 games played. His third year had a similar guarantee, but with the threshold raised to 16.0. It turns out that this was quite a good idea, as Powe became a valued contributor while playing for the cheapest possible price. Shame about the latest knee injury.

- There's not much flexibility for creativity with rookie scale contracts. They follow a strict formula - two guaranteed years, two option years - and even though players and teams can negotiate the contract's value to between 80% and 120% of the scale amount, almost everyone gets the 120%. (The only ones I can think of that haven't are Ian Mahinmi, George Hill and Sergio Rodriguez.) However, this season, the Indiana Pacers found a new way to make things interesting. When signing Tyler Hansbrough, they gave him the customary 120%, but with an interesting caveat; all four seasons of the contract are only 80% guaranteed. (Note: that's all that rookie scale contracts have to be guaranteed.) The purpose of this isn't entirely obvious; if Hansbrough really sucks or dies or something, the option years won't be exercised anyway, so having a partial guarantee on them doesn't make much of a difference. But it's interesting because it's creative. And, dammit, that's what we're after.

- Speaking of creative, check out Brandon Roy's guarantee conditions. Intense.

- It might be the Mavericks, not the Magic, that are the kings of creative financing. (A cynic would say that they need to be, considering that they overpay almost everyone. That cynic would have a point.) Particular favourites of Donnie Nelson and friends include conditional guarantees based on championship wins (given to Jerry Stackhouse and Greg Buckner) and team based performance incentives (see this). Having unguaranteed final seasons in contracts is a good ploy of theirs; Erick Dampier has an unguaranteed 8 figure final season in 2010/11, with conditions that he's never going to meet, giving the Mavericks a massive trade chip to play with. Buckner's contract - which they initially signed, then gave away, but have now brought back - has only a small percentage of his final two years guaranteed. You probably already know about the last year of Stackhouse's deal, and the uses that had. And you may also have known that the last year of Jason Terry's contract is only $5 million guaranteed as well.

But the Mavericks have saved their best unguaranteed contract trick for last. After the Magic matched the offer sheet that Dallas gave to Marcin Gortat, the Mavericks found themselves with a full MLE again. Rather than use on an MLE calibre player, they instead decided to spend $4.5 million of it on Drew Gooden, a poor player with the worst defense in the NBA and an increasingly bad understanding of offensive continuity. The contract, though, has a caveat; only $1.9 million of the $4.5 million is guaranteed. And there's no guarantee date.

It's fairly normal for players to sign partially guaranteed one year contracts. If it wasn't common practice, training camp would suck. But it's rare for players earning more than the minimum to do it, and it's the first time I've ever seen it on a contract this size. It's actually quite a clever ploy, because it gives the Mavericks quite a trade chip. In a year when so many teams are over the tax, and so many teams need to make instant salary savings, unguaranteed contracts have to be considered even hotter shit than usual. And by signing Gooden to one, the Mavericks give themselves a pretty mean trade chip between December 15th (the first date Drew can be traded) and January 10th (the date all contracts become guaranteed). He was, without a shadow of a doubt, signed with this intent in mind. So expect it to happen.

As for what's in it for Gooden.......well, not a lot. $2 million for three months work is never bad, but for this to have been the best he could get, his other offers must have really sucked.

- And finally, here's an example of how not to creatively finance. Naturally, it involves Otis Smith. And it also involves the man in the opening picture, James Augustine.

Augustine was drafted by the Magic in the 2006 draft, and signed a two year rookie minimum contract with the team. He stayed with the team for the whole two years, barely playing, and was became a restricted free agent. The second year of his first contract was only 25% guaranteed until July 30th, and the rule with qualifying offers is that they have to be at least the same amount of guaranteed money and the same guarantee dates as the final season of the previous contract. So when Orlando tendered him a qualifying offer, Augustine accepted it immediately, and was thus under contract for the 2008/09 season for $972,581 (the amount of the QO = minimum salary + $175,000), of which $243,145 (25%) was guaranteed, with a guarantee date of July 30th 2008. Orlando then waived him before that date, meaning that they essentially paid Augustine a quarter of a million dollars to have him under contract for two weeks in mid-July.

It's definitely financing, no question about it. And it's definitely creative. But it was also really, really thilly.

Otis Smith's job became far easier and far more secure when the Magic's NBA Finals appearance prompted the aptly named Rich DeVos to start stumping up luxury tax dollars. Imagine what would have happened, though, if that hadn't happened. There'd be no Marcin Gortat. There'd be no Brandon Bass. There might not have been any Vince Carter trade, and there might not have been any Matt Barnes signing. The Magic would be relying on the man who coined the term "creative financing" to do that exact thing. And it's hardly something he's renowned for.

I commend the Magic's offseason. They've done pretty much everything right. Even the little things, such as the inclusion of Ryan Anderson into the Carter trade, were done correctly. Otis Smith has had a good summer. But Magic fans should be very, very grateful to ownership. Spending is easier without a budget.

Who Did What On June 30th

Lots tends to happen on June 30th. It's a big day. Personally, I had a bath, quite a nice pork chop for dinner, and traced the weird smell in this room down to an old packet of sandwiches that wasn't in the bin but just behind it. And here is what some NBA teams did.

(NB: Many of these decisions were made before June 30th. But ignore that for now.)


Player/Early Termination Options

These fellas opted in:

- Atlanta: Jamal Crawford (had to as a concurrent part of the trade)
- Boston: Eddie House
- Chicago: Jerome James
- Cleveland: Zydrunas Ilgauskas
- Dallas: Devean George
- Denver: Steven Hunter
- Detroit: Kwame Brown
- Houston: Brian Cook
- Indiana: Travis Diener
- L.A. Clippers: Ricky Davis
- L.A. Lakers: Kobe Bryant
- Memphis: Quentin Richardson (while still a Knick)
- Miami: Jermaine O'Neal, Mark Blount, Yakhouba Diawara and Chris Quinn
- Milwaukee: Malik Allen and Francisco Elson
- Minnesota: Bobby Brown
- New Jersey: Trenton Hassell
- New Orleans: Devin Brown
- New York: Eddy Curry and Al Harrington
- Oklahoma City: Damien Wilkins
- Orlando: Anthony Johnson
- San Antonio: Michael Finley
- Utah: Kyle Korver, Carlos Boozer and Mehmet Okur
- Washington: Mike James and Etan Thomas (as a concurrent part of his trade).



These fellas opted out:

- Cleveland: Anderson Varejao
- L.A. Clippers: Brian Skinner
- Orlando: Hidayet Turkoglu
- Philadelphia: Royal Ivey



Team options

Exercised:

- Detroit: Will Bynum
- New Jersey: Jarvis Hayes
- Phoenix: Louis Amundson
- Utah: Kyrylo Fesenko

Declined:

- Charlotte: Sean Singletary
- Indiana: Marquis Daniels
- L.A. Clippers: Alex Acker



The conditionally guaranteed contracts of Rafer Alston, Brent Barry and Matt Harpring all became guaranteed. Also, the contracts of Steve Blake, Travis Outlaw, Josh Powell and Didier Ilunga-Mbenga became guaranteed today. And Fabricio Oberto was waived quietly last night.



Who got qualifying offers?

Click this.


Most importantly, Michael Sweetney is not dead.

Oh and Detroit, you just overpaid. Twice. And as for Zach Randolph......I stand by this

Full summer league rosters soon.