– Jason Richards Davidson guard Richards’ first professional season was a washout. He joined the Miami Heat for training camp, but blew his knee out in practice and missed the entire year. In doing so, his contract became guaranteed. While there are no rules against a team releasing an injured player, players with unguaranteed contracts are paid by the team until they are healthy. Therefore, because Richards missed the whole year, the Heat had to pay his whole year’s salary. This is the risk teams take when they sign players for training camp, and Richards’ unwanted presence of $442,114 on their cap figure actually put the Heat into tax territory, which is why they had to salary-dump Shaun Livingston. Tough break. This year, Richards started in Poland on a tryout with Turow, but failed to make the team. He was then acquired by the Utah Flash in November, but did not play a great deal. Richards averaged only 2.9 points and 2.3 assists in 17 minutes of 18 games in two months with the team, scoring in double figures only once. He was then released by the team due to injury in late January and has not played since. It’s not uncommon for torn ACLs to take the best part of two years to heal, and Richards looks to still be suffering from his 18 months on. – Anthony Richardson Former Florida State forward and one time Hornet Anthony Richardson is playing in Holland. In his second season with the Eiffel Towers Den Bosch, Richardson is averaging 12.6 points, 4.5 rebounds and 2.1 assists in Dutch league play, with basically identical 12.9/4.8/1.8 numbers in the EuroChallenge. For an explanation of why a Dutch team is named after the most famous of all French landmarks, read this comment on a very […]
Yesterday, the Detroit Pistons waived 2008 second-round draft pick and flopper extraordinaire, Deron Washington. They had initially signed him back in August to be their 14th and last man, giving him a two-year minimum salary deal with $250,000 guaranteed in the first season. Yet after bringing in Chucky Atkins on an unguaranteed one-year deal for training camp (a move that they won’t have foreseen prior to the Washington signing), the Pistons began to feel that Atkins was more deserving of the 14th man spot, and so they waived Washington to allow them to keep Chucky. That’s the official line, at least. It doesn’t really make a lot of sense though. Disregarding the respective talent levels and fits on the roster of the two players, the finances of the situation seemed to dictate that Deron stayed on. Washington’s large amount of guaranteed money (over 50% of his overall contract for this year) meant that the Pistons could have kept him on until the league-wide contract guarantee date of January 10th, without having to pay him a single extra penny outside of meal stipends. Waive him yesterday, and he’ll cost $250,000; waive him on January 6th, and he’ll still only cost $250,000. Therefore, why waive him? The Pistons aren’t pressed for cash – after a summer of cap room, they rock a payroll of only $58,597,137, 25th in the league. They’ve run out of cap room and exceptions, hence the need for all the minimum salary deals, but they’ll spend what they can anyway. They can afford to swallow Washington without any repercussions coming from it; they’ll lose very little from it. They’ve lost a player that wasn’t in the rotation, and no extra money than what they had already committed, but they’ll also gain absolutely nothing from it. Even if Washington […]
Here’s a longer list of things that were not included in the original Creative Financing post, either because I forgot to include them, or (in one instance) because the sweet prince who called our hotline with the information had not yet come forward. Remember; all calls are anonymous and you could receive a cash reward for information. (Wait, no you couldn’t. That’s the slogan they use on Crimewatch. Ignore that.) – As a part of the new scheme of turning this website’s salary information from a static exhibit into a working reconstruction of life in First World War France, there now exists a page that lists all remaining salary cap exceptions for every NBA team. Of note on this list is the curious case of Channing Frye, the former Blazers and Knicks forward whose transformation from the next Dirk Nowitzki to the next Malik Allen is almost complete. The Suns signed Frye last month to a two-year, $4,139,200 contract; not coincidentally, that is the same amount as the full value of the Bi-Annual Exception. However, the Suns didn’t actually use their Bi-Annual Exception to sign him. Knowing that they wouldn’t be using the full MLE to sign somebody due to their payroll concerns, the Suns cleverly (and creatively) used an equivalent chunk of their Mid-Level Exception instead. As the name would suggest, you get to use the Bi-Annual Exception a maximum of once every two years, so if the Suns used it this year, they wouldn’t get it next year. But if they roll it over, they do. It’s pretty shrewd, when you think about it. (Teams that should have done this but didn’t include Washington – who used their BAE on Fabricio Oberto, and who won’t use their MLE – and Chicago – who used their BAE on […]
– Darius Rice has left the immortally named Purefoods Tender Juicy Giants from the Phillipines, and is about to sign with Montegranaro in Italy. I think that translates as “Bread Mountain”. I hope it does, anyway. – A previous blog post talked about how Ivan Radenovic had had his contract with Akasvayu Girona extended. That news is now bunkum, for Girona have gone bankrupt, and are not playing this upcoming season. This leaves Radenovic now unsigned, unattached and undervalued. – The “points per shot” fans amongst us were extremely happy to hear that the Philadelphia 76ers have signed shooting guard Kareem Rush to form an incisive and efficient off-guard partnership with the incumbent Willie Green. These two players have a role to play for the Sixers, in that they are the only two guards currently under contract who can actually hit a three-point shot. This is a positive. But the negative side-effect is that both of these players are otherwise lacking, and for score-first players, they are not efficient. The pair are both deemed “one-dimensional scorers”, but neither is doing it optimally. Green last season scored 921 points on 870 shots, for a bad 1.06 points per shot, a number that still somehow managed to raise his career average to a heady 1.02. Rush was worse, though, scoring 588 points on 569 shots last year for a 1.03 PPS average, against a far below par career average of 1.01. For the sake of a point of reference, free agent Sixers backup point guard Kevin Ollie has a career points per shot average of a modest 1.21. That from a man who has nine made career three-pointers. Technically, on paper alone, if you need someone to hit a shot, you are better served going to Kevin Ollie than Kareem […]
I suppose I ought really ask – are you enjoying these? Really? I’d like some feedback on this. I mean, even if you don’t enjoy them I’m doing them anyway, because despite how tedious it can get trying to find new and exciting ways to list someone’s rebounding averages, I’ve come too far to quit. And I’m also kind of enjoying doing it. But I need to know if you are too. If you’re not, please say so, as your opinion is important to me, even if it might be ignored. – Jason Richards is unsigned, perhaps unsurprising due to the knee injury he suffered in training camp that ended his season before it even began. Speaking of, if any Heat fans out there are wondering why Jason’s getting a full $442,114 salary from the Heat this year (see salary page), it’s not because the Heat signed him to a guaranteed deal. They actually signed him in July to a deal with a small $50,000 guarantee, enough to convince him to choose their training camp over anyone else’s. However, because Richards was hurt while directly playing for the team, his contract is guaranteed until such time as he is able to return. And since he’s out for the year, that means he’s getting paid for the whole of this year. (The same has happened to Mike Wilks, formerly of Orlando and now of Memphis.) It’s kind of a bugger for Jason that he’s had such a serious knee injury in the first season of his professional career, but the $370,000 extra compensation that he got for his troubles will numb the pain a bit. I can only hope that this doesn’t lead to a spate of fringe NBA players signing training camp contracts for nominal or no guaranteed money, […]
