“Consideration In Trades And Trade Structure” – a league instruction manual
July 11th, 2014

At the end of the July Moratorium each year, the league sends out a memo containing all of the findings from the audit it conducted during it. That audit is what the moratorium period is for – the moratorium is one long end-of-season book-keep in which it crunches all the numbers related to revenue, BRI, escrow, tax and the like, and makes determinations on both the past and the future. That memo generally filters through to the mainstream media – it has to, because it contains all the things that will make the league work next year, such as the salary cap numbers and exact size of the luxury tax threshold. It also contains things such as the latest projection of the season after next ($66.3 million salary cap, $80.7 million luxury tax threshold) and the sizes of next year’s exceptions. This year, however, the league sent out a second memo. Entitled “Consideration in Trades and Trade Structure”, it is a reminder and/or clarifier to teams about some of the specifics of what they can and cannot do in trades. Seemingly, they felt this was necessary Considering the presence of this memo suggests that some teams do not entirely understand the rules (or, perhaps, have been intent on pushing them back a bit), it is self-evidently the case that those of us outside of the league will not fully know them either. So, here goes. The memo is divided into two parts. The first part of the memo deals with what constitutes ‘consideration’ in trades, and is itself split into two parts. Part two of this first section concerns consideration in trades for non-playing personnel. Seemingly, in light of recent de facto coaching trades (whereby a team receives compensation for letting a non-playing member of staff out of their contract […]

Posted by at 7:54 AM

The Louis Williams/Lucas Nogueira Trade
June 28th, 2014

(originally published elsewhere) In a trade agreed to last night, and perhaps already to have been made official by the time this sentence is finished, the Toronto Raptors agreed to trade John Salmons and his partially guaranteed contract to the Atlanta Hawks in exchange for Louis Williams and the draft rights to Lucas Nogueira. Toronto were previously on the cusp of trading Salmons to Memphis on draft night, along with the #37 pick, in exchange for Tayshaun Prince and the #22, the theory being that they intended to draft Canadian guard Tyler Ennis with their #20 pick and then taking young project Bruno Caboclo at #22. But when Ennis was taken 18th by Phoenix, the plan was scuppered, and the deal pulled. The Raptors would instead choose to wait for a better spot in which to use Salmons’s valuable unguaranteed contract. And they have now found it. Nogueira, the #16 pick in the 2013 draft, had been shopped by Atlanta in recent times. Despite averaging a very solid 6.3 points, 4.1 rebounds and 1.6 blocks in only 16 minutes per game of Spanish ACB league option last season, the Hawks seemed to have other priorities, and have used those once-valued rights merely to dump some salary. Perhaps prompted to by Nogueira’s ongoing tendinitis problems – which are worryingly recurrent and severe for a 21 year old center whose game is largely based on his athleticism – Atlanta soured on this potential piece for the future in order to prioritise their present. They are not trading for John Salmons the player under any circumstance. Salmons has declined significantly, and despite a big minutes yield for the Raptors last season, he was mostly ineffective, shooting 36% on his way to a 7.6 PER. Nevertheless, his contract, which calls for a $7 million […]

Posted by at 1:31 AM