The Value of Minimum Contracts In The NBA
May 8th, 2014
[Originally posted on Hoopsworld, 7th October 2013.] The most fun part of preseason is being able to get wildly carried away with the results and performances in the mostly meaningless games. This is particularly true of the performances of individual players who simply were not expected to shine, but did. Two such players have already shown their faces, in Houston’s Omri Casspi and the L.A. Lakers’s Xavier Henry. Casspi shot 9-10 for 20 points on his debut, whilst Henry topped that with 29 in his, an impressive amount for a player whose career high to this point is only 19. Whilst this level of production is obviously not sustainable, Casspi and Henry are set to earn only the minimum salary next season. Casspi’s is fully guaranteed, but Henry’s isn’t even guaranteed for one single dollar. These two players, then, have shown they could potentially be valuable contributors for as good of as value as is possible. Casspi has struggled since his rookie season when he showed true promise as a free roaming off-the-ball offensive player, but who started to succumb to similarly free roaming tendencies defensively. Henry, meanwhile, was nothing short of poor in his first three seasons, struggling badly to make a shot from any portion of the court, not being able to create any, and not being consistent with his potentially good defence. There’s a reason these players were available for so cheap – they weren’t working out, and multiple teams had given up on them ever doing so. However, this doesn’t mean the players are, or suddenly became, talentless. Casspi and Henry were first-round picks as recently as four and three years ago, respectively, and are 25 and 22 years old. There is still some talent in the fire. Someone just needs to throw a log on […]
More Creative Financing In The NBA, 2009
August 28th, 2009
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 […]
Apologies To The Denver Nuggets
January 28th, 2009
I hated the Marcus Camby trade. I hated it. I think everyone did, even Clippers fans. But I really hated it. I think about trades a lot. I should really have better things to do, but I don’t. So I spend a lot of time thinking about trades that have happened, moves that have been made, who would fit on which team, players that certain teams needed, who’ll sign where and for what, etc. But at not point did I think, “a current DPOY candidate and former winner, on an extremely fair value contract, is going to be moved for nothing more than a trade exception.” You just don’t consider these as possibilities, do you? But it happened. And it annoyed me. It annoyed me for one simple reason – the move was financially motivated, and I hate all purely financially-motivated moves. I wrote about as much here, and, in the interests of saving time, I’ll quote myself: When teams make bad personal [sic] moves to save money, purely as collateral damage from their own previous stupid move, then the fans become the victims to the folly that is the NBA and its old boy’s network. I hate any move that involves a team giving away an asset just to save money, with them deeming the financial saving as “necessary” due to their own cap mismanagement. That’s exactly what happened here – the Nuggets, perennial tax payers, were forced to start saving money by their ownership, and the best way for them to do this was to dump Camby’s salary for no return. The moved saved them $20 million this season, plus about the same next season, yet it saw an NBA team literally gifting away one of their best players at a position persistently devoid of much quality. Anyone’s […]
30 teams in 36 or so days: Denver Nuggets
September 27th, 2007
Players acquired via free agency or trade: Chucky Atkins (three years, $9.72 million) Steven Hunter (acquired from Philadelphia) Bobby Jones (acquired from Philadelphia) Players acquired via draft: None Players retained: Anthony Carter (waived, then re-signed, saving about $800,000) Eduardo Najera (opted in) Players departed: Reggie Evans (traded to Philadelphia) Steve Blake (signed with Portland) DerMarr Johnson (signed in Italy) Jamal Samspon (signed with Dallas) Words: When you spend $162 million on only three players in one offseason, you’re generally making a commitment to those as core players. Denver did this last offseason with Nene, Carmelo Anthony and Reggie Evans, investing in two power forwards despite also having the massive contract of Kenyon Martin firmly entrenched at the position, as well as Joe Smith and Eduardo Najera on hand to stand around looking sheepish. When you then trade your only significant expiring contract and both first-rounders this season (and Andre Miller) for soon-to-be-fading star Allen Iverson, you’re making a subsequent commitment to go for it all with what you have. You’re foregoing the few assets you have, placing yourself deep into luxury tax territory to try and put your team over the top. It’s noble. And they could not realistically turn down the Iverson deal because of the small price tag. But, in the short-term at least, it hasn’t really worked. Denver hasn’t had their shooting guard position solved for a number of years. The days of the Kiki Vanderweghe era saw such greats as Predrag Savovic and Vincent Yarborough blemish the position, and while Vanderwghe did pursue a number of options to fill the position (ranging from Manu Ginobili to Clyde Drexler, of all people), the best he could manage was a brief flirtation with Voshon Lenard. New GM Mark Warkentein picked up The Prodigy Formerly […]
