Post by Gordon Gekko
Jalen Rose is 16 million in an expiring contract next year, so this
summer that contract becomes very valuable
We traded a 16 million expiring contract THIS year to get him. If $16M
in cap space expiring contract had value, why wait another year?
Tell you what, Gordon. Give me $100M. Next year I'll give it back to
you and it will become very valuable to you then -- I mean, you'll have
$100M to spend however you choose. What do you say?
And this from a guy who was giving out lectures on intelligence
Ugh, you still don't get it, do you? Face facts. Let's go back to
school: The only teams that want cap space are teams trying to rebuild
from bad situations. They want to get rid of all the parts that have
been dragging them down, all the bad trades and mistakes that they
Example #1: Denver has Nick Van Exel and Antonio McDyess but it's not
working out. McDyess just had knee surgery and even before he did the
team never really made it over the hump. Is it going to be better
post-surgery? Is he even going to stay? Lots of questions, few
How did they fix it? Well, they traded McDyess to New York for Marcus
Camby, that year's lottery pick (Nene) and $9M in cap space from Mark
Jackson's expiring contract. The next year they traded Van Exel to
Dallas for further cap space (Tim Hardaway, etc) and all of a sudden
they could rebuild.
Example #2: Phoenix signed Penny Hardaway to a long term contract when
he was still good, and then his knees broke down several times.
Phoenix then traded Jason Kidd for Stephon Marbury. Both bad ideas,
one perhaps from bad luck and the other from bad judgment.
How did they fix it? Well, they traded both guys to New York for cap
space (Charlie Ward and Antonio McDyess, $22M), drafted well
(Stoudemire) developed their older picks well (Johnson, Barbosa) and
made a good free agent signing with their new found cap space (Nash,
who was underrated and overshadowed in Dallas until the Phoenix trade,
and was excellent value at a little more than half the max deal for
what would become the league MVP). On top of this they got away with
trading the piece that was dragging them down (Quentin Richardson,
signed to a bad contract) to New York for a good piece that they needed
(Kurt Thomas, signed to a mediocre contract).
Example #3: Orlando traded Tracy McGrady for Steve Francis and Cuttino
Mobley because they knew McGrady wasn't going to stay. They believed
in the hype and the numbers that came with Francis and ignored Francis'
career history of losing. They then traded Mobley for Doug Christie
who was an absolute bust outside the Kings' system. On top of this
they made some bad signings (Juwan Howard, etc) which just resulted in
trades for more bad signings. Then they got lucky and went #1 in the
draft, and got Josh Howard. But they found out Howard couldn't play
with Francis, didn't really have any other notable players, and
continued to plod on with a losing record.
How did they fix it? They traded Penny Hardaway's contract to the
Knicks for Francis, and now they'll have $15M of cap room to eventually
make a more sensible deal, while the Knicks will be stuck with Francis
for four more years. On top of this, they cleared the way for Howard
to develop when it was clear that Francis' ballhogging was inhibiting
Example #4: Chicago was amongst the worst teams in the league for years
and years after being the best team in the league for years. They
toiled and tried to do everything to rebuild, but their GM was an
idiot. Finally, he got fired or stepped down or whatever and was
replaced with someone more intelligent, who went to work getting rid of
all of their garbage.
How did they fix it? They re-signed Jamal Crawford and traded him to
the Knicks for millions in expiring contracts (Harrington, Mutumbo).
They re-signed Eddy Curry and traded him, along with Davis, for a good
deal in Mike Sweetney ($2-3M), $15M expiring contract (Tim Thomas) and
what will likely be a #1 pick. They saw the writing on the wall that
saw that although both of those guys had talent, they both have too low
a basketball IQ and too little desire to do anything about it to ever
become heroes. When they couldn't trade their other bad contracts to
the Knicks, they let them expire (Eddie Robinson). They drafted well
(Deng, Gordon), imported well (Nocioni) and made other sensible trades
(Songaila). They blew it resigning Tyson Chandler, but because they
did so much else well that move does not kill them dead in the water.
Now they go into next year with only $28M or so on the payroll, stocked
with young, promising players and plenty of cap room to go out and get
whoever they like.
Example #5: Toronto was going nowhere with a losing record. They were
dumb enough to kill their franchise by signing Jerome Williams, Antonio
Davis, and Alvin Williams to big deals when Toronto made it to the
second round of the playoffs one year at Vince Carter's insistence, and
then dumb enough to trade Vince Carter after they had traded the other
guys, in yet another example of bad trades begetting bad trades (Davis
for Rose, etc). So they were up shit creek without a paddle.
How did they fix it? They accelerated their need for cap space by
cashing in on Rose's expiring contract one year early, by trading it
back to New York for Davis. They appear to be wisely letting the rest
of their garbage expire (Williams, Morris Peterson, etc), drafting well
(Villanueva, Bosh), and being in position to rebuild in one to two
years, when we'll still be bitching about Marbury and Francis and
Get it? Late 90s Nuggets, Marbury Suns, Orlando, Chicago, Toronto --
these kinds of go-nowhere teams are the ones that want the cap space,
so they can fix all their mistakes. If you trade your cap space to a
team like that, you inherit their mistakes.
All those teams that traded our space for their players have a chance
to be better or are already better, thanks to Isiah and Layden before
him. We, on the other hand, have no chance to be better as we go on
like this -- we just get worse and worse. 40 wins to 30 wins to 20
wins, while the payroll goes from $80M to $104M to $125M and the picks
get traded away. How can you honestly defend these tactics?
Teams that are doing well with their good players are not interested
in the cap space so they can blow up and rebuild. They don't want to
blow it up -- they're winning. All they want in terms of cap space is
generally very small doses so they can make tweaks to what is already
working. If you need a $16M expiring contract, it's because you need
to get rid of $16M in parts that are not working for you, and probably
won't work for anyone else either. Capisce?