Liquorice Allsorts

December 25th, 2008

1) As you may know, Houston traded Steve Francis, a 2009 second-round draft pick and cash to Memphis for a conditional 2011 second-round pick. Memphis’s end of this is simple – they got their pick back for free. Houston gave them Francis, enough money to pay him for the rest of the year (or most of it, at least), and Memphis’s own second-rounder next year, which they’d previously given to Houston while moving up in the draft this summer. In return, Memphis only gave them a conditional second in 2011, which will be like top 55 protected or something, so they won’t even lose it anyway. They can now either waive Francis without fear of reprisal, get a free look at him as a player (unlikely), or keep him as an expiring. But more importantly, they’re getting their high second-rounder back. for no cost. It’s a good move. As for Houston, they give up a second that they don’t need in order to get under the luxury tax. It’s a good move for them, too. But here’s the real important thing: I TOTALLY called it. In a previous post, I wrote this: (After Antonio McDyess’s buyout, Denver is now no more than a small dollop over their eternal enemy, the luxury tax threshold. If they waft a pick Memphis’s way, they should be able to dump Chucky Atkins, whose salary for next year is only $760,000 guaranteed, thus not affecting Memphis’s 2009 cap space plan much. This move gets Denver under the tax, finally, and it need only cost them the pick that they got from Charlotte for Alexis Ajinca to do it. Also note that I’m just an ideas man, not a soothsayer. Houston would be sensible to do much the same with Steve Francis, who is entirely surplus […]