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 […]
