Finances of the Terrence Williams/Sergei Lishouk trade
December 16th, 2010
The only picture of Joe Smith ever taken in which he is not smiling broadly. Yesterday, a three way trade went down between the L.A. Lakers, Houston Rockets and New Jersey Nets that saw four picks, three players and one set of redundant draft rights get rehomed just in time for Christmas. – Houston dealt: Lottery protected first-round draft pick to New Jersey; draft rights to Sergei Lishouk to L.A.– Houston received: Terrence Williams from New Jersey. – L.A. Lakers dealt: Sasha Vujacic and their 2011 first-round draft pick to New Jersey. – L.A. Lakers received: Joe Smith, New Jersey’s 2011 second-round pick and Chicago’s 2012 second-round pick from New Jersey; the rights to Sergei Lishouk from Houston. – New Jersey dealt: Terrence Williams to Houston; Joe Smith and the two second rounders to L.A.– New Jersey received: Sasha Vujacic and the two first rounders. All teams arguably profit from the move, which is how trades should be. The Lakers saved money, and somehow snagged two second-round picks in the bargain when they probably would still have been quite happy to do the deal without them. Houston gained a player probably better than the one they would have drafted with that pick, and New Jersey freed themselves of a problematic backup while piling on two first-round picks, which they can now either use as trade bait or use to acquire yet more backups. Everyone was a winner, except for Vujacic. Many people have questioned, however, how the move was legal under the terms of the soon-to-be-obliterated Collective Bargaining Agreement. Trade calculations are a confusing process at the best of time, and even more so when talking about three team deals involving mismatched salaries. But because of the inclusion of Smith, the finances just about work. And I do mean just […]
30 teams in 36 or so days: Chicago Bulls
September 23rd, 2007
Chicago Bulls Players acquired via free agency or trade: Joe Smith (two years, $10 million) Players acquired via draft: First round: Joakim Noah (9th overall) Second round: Aaron Gray (49th overall), JamesOn Curry (51st overall) Players retained: Andres Nocioni (re-signed, six years, $45 million) Players departed: Malik Allen (signed with New Jersey), Michael Sweetney (left unrestricted, unsigned), P.J. Brown (unsigned), Andre Barrett (made restricted, unsigned, may yet return), Martynas Andriuskevicius (left unrestricted, signed in Spain) Some words: (The following entry may well be written with a small hint of bias. Or, alternately, it may be written with huge seething dollops of it. I’m a Bulls fan, just so’s you know.) Has anybody ever told you that you need a dominant post scorer to win a title? If not, then you’re not a Bulls fan. Since the dawn of time (or since the Eddy Curry trade, whichever), this edict has been hurled at Bulls fans and management alike by people of all backgrounds and IQ levels, and never more so than in the immediate aftermath of the Pau Gasol trade-that-never-was at the last trade deadline. Forget the fact that Detroit managed this supposedly impossible feat just three years ago: these people remain steadfast in their opinion. And why shouldn’t they? People say it on the TV, after all, so it must be true. After General Manager John Paxson did not pull the trigger on a deal for Gasol due to the excessive demands of Grizzlies GM Jerry West and the continued breakout of Luol Deng, talk of the Bulls’ need for a ‘dominant’ post scorer continued. “Experts” then shifted their attention to Kevin Garnett, ignoring for a moment the fact that such a move was never realistically possible due to the Bulls salary cap position. After […]
