Players who may get bought out during the season
September 12th, 2018
Rosters are mostly set after this summer’s free agency period, and teams are just mostly now nibbling around the edge. Aside from a couple of training-camp decisions, most players are now on the teams they will be with through at last January, as rarely do teams make mid-season changes prior to that. Come January, though, and trade season will begin. Between then and the trade deadline at the start of February, many a player will be on notice, re-assignable at the drop of a hat as teams change and tweak directions based on the changing information throughout the first half. And then after that, in the time between the trade deadline and 1st March (a key date for player eligibility; if a player is on an NBA team’s roster at the end of that day, then that is the only team they can play for in the playoffs), some veteran players every season seem to get bought out, giving back money for the freedom to choose a team better suited for their needs, often going from a lottery team to a playoff team in the process. There follows a look at some of the players who may fall victim to the latter practice. Jeremy Lin, Atlanta Hawks Lin was acquired by the Hawks into cap space, without much in the way of sweetener going the other way. Normally, players traded into cap space are either very good or highly unwanted, and with the latter, a first-round pick (or more) is usually traded with their contract as sweetener. Not so with Lin, onto whom the Brooklyn Nets stuck only a 2025 second-round pick in moving him to Atlanta. Lin is an unlikely Hawk, a now-veteran reserve point guard without upside or team control on his contract, who nevertheless replaces Dennis Schroeder […]
How the Oklahoma City Thunder saved money – and whether they might have to save more
August 31st, 2018
The early days of NBA free agency saw the Oklahoma City Thunder go big early. In a move that was known to be happening long before it happened, they agreed to re-sign 2018 NBA All-Star Paul George to a four year maximum value contract, and within hours also agreed to re-sign key reserve forward Jerami Grant to a three year, $27.35 million deal. This was both somewhat surprising and distinctly strong from a team that entered the offseason in a state of flux. In acquiring George and Carmelo Anthony in the summer of 2017, the Thunder strove to make a big stride back to the postseason and to relevance after the departure of Kevin Durant the previous summer. But to do so meant piling on the payroll, and to not take a stride backwards in 2018 meant piling on even more, keeping George and Grant on raises with a payroll that was already hefty without them. Immediately after those moves, reports came out about how, once luxury tax calculations were factored in, the Thunder were looking at a $300 million total commitment for their team this upcoming season. The reports of a $300 million total payroll were accurate enough at the time. However, they were normally taken out of context during their aggregation and sharing. That figure came about because of the heavy amount of repeater luxury tax that the Thunder were facing. Historically not a taxpaying team, the franchise has now paid luxury tax in the last three seasons, triggering the more punitive repeater tax rates for this upcoming season. The 2011 CBA created greater deterrents for teams crossing the luxury tax threshold; whereas before teams would previously pay a simple dollar-for-dollar tax on any amount they went over by, there are now various thresholds over which the amount increases (much […]
Market Adjustment: Good NBA big men are bargains right now
August 27th, 2018
It took nearly a month of free agency to do it, but the last big free agency name was eventually taken off the board at the end of July. The Houston Rockets finally agreed to re-sign free agent centre Clint Capela to a deal reported to cost them only five years and $90 million, of which only five years and $80 million is guaranteed. My use of the world “only” there was very deliberate. That is not a lot of money for a player of some calibre, and who is a roughly ideal fit for what the Rockets are doing with their team. It is considerably less than the maximum salary of five years and $147,710,050 (or four years and $109,509,175 with another team) that he could have signed for, and it is a lot less than Houston probably expected they could get him for when headed into free agency. In a tough free agency period in which they lost Trevor Ariza to the Phoenix Suns and Luc Richard Mbah A Moute to the L.A. Clippers, and given a maximum contract to Chris Paul that will be of questionable value in the back end, the Rockets needed to win on this one, and they have done. In large part, this was due to their patience. Taking this full month allowed the relative impatience of the competition to take effect, and as the other cap space teams spent their money up, Capela quickly ran out of bidders. The Rockets have been significantly aided in this quest, though, not only by Capela’s restricted free agency, but also by a flat overall market for ‘big men’. Positional distinctions are increasingly hard to do these days. Still, with that disclaimer in mind, here is a list of all the new contracts given out to veteran ‘big men’ in […]
The Nets’ four point strategy for asset accumulation has worked – mostly
July 31st, 2018
The Brooklyn Nets’ ill-fated trade for Paul Pierce and Kevin Garnett in July 2013 left the team with bleak short, medium and long-term futures. On the court, the pair did not work out. Ageing very quickly after leaving Boston, the two never bettered the team; Brooklyn only got as far as a 44-38 regular season record the season immediately after the trade, which was actually a backwards step on their 49-33 campaign previously, and loafed to a mere 38-44 the season after that. Thereafter, the bottom fell out completely, and the Nets have not cracked 30 wins since. The bigger problem, though, was off the court. To acquire the duo (plus veteran reserve Jason Terry, young forward D.J. White who was soon out of the league, and the #57 pick in the 2017 NBA Draft), the Nets gave up a bevy of assets. They gave up unprotected firsts in all of 2014, 2016 and 2018, and only because of the rule (colloquially named the Stepien Rule) that prevents teams from leaving themselves without a first-round pick in consecutive future seasons were they able to keep a first-round pick in 2017. Even then, though, they traded the right to swap it. In total, this trade cost Brooklyn all of James Young (#17, 2014), Jaylen Brown (#3, 2016), Markelle Fultz (#1, 2017; or Jayson Tatum at #3 if you’d prefer) and Collin Sexton (#8, 2018). With all due respect to Aleksandar Vezenkov, the saving grace of the #57 pick in 2017 coming back the other way probably doesn’t salve the pain much. And that was a lot to pay for no discernible improvement. Ever since that trade, the team has been in a quagmire, with an assets cupboard barer than any asset cupboard should ever be, and no obvious way out of […]
