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Report: #5, Favors, Burks for Cavs' #1 pick

Yay or Nay?

  • Yay

    Votes: 68 56.7%

  • Nay

    Votes: 52 43.3%
  • Total voters
    120
Hedda Gambler said:
Actually, no. Favors has an outgoing salary of about 10 million, but only counts as 6 million for us. PPP-contracts are pretty complicated to trade.
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From what I read the amount that is considered for trade is the average of the salary he is currently making + the salaries he will earn for his new contract. So $49M + $6M = $55m/5 years = $11M. If you have a different link showing an alternate interpretation, I'd love to see it.

What I'm unsure of is how it impacts salaries coming in. For example, we're currently sitting at $1.7M under the cap if the $6M is counted. However, in a trade, we'd need to get back roughly an equal amount since his value is either $10M or $11M (depending on your understanding of the PPP or mine). So our cap room disappears. So a Jack/Bennett deal likely needs filler. Wonder if Quin could turn Bennett into a useful player. If Cleveland is truly clearing cap space for Lebron, I'd have to think they'd want to offload AB.

I'd be open to either scenario. Varejao would bring some nasty, even though he's hurt a lot.
 
LazyD said:
Who's Rigby? srs question. See him mentioned a lot, but don't know who he is.

Only know Eleanor
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Jazz President. I've always assumed he's on board for Mormon relations. (not knocking that at all. It's a necessity)

Super scary if he's forrealz involved in basketball stuff.

[video]https://www.nba.com/jazz/video/jazz-president-randy-rigby-2012-13-media-day
 
Core4 said:
From what I read the amount that is considered for trade is the average of the salary he is currently making + the salaries he will earn for his new contract. So $49M + $6M = $55m/5 years = $11M. If you have a different link showing an alternate interpretation, I'd love to see it.
Click to expand...

Yes, that is his outgoing salary. His incoming salary is still this years salary, though. See this link, for example: https://www.hoopsrumors.com/2012/05/poison-pill-provision.html

"For salary purposes, if a player is traded between extending his rookie contract and the extension taking effect, the player's trade value for the receiving team is the average of his current salary and the annual salary in each year of his extension."
 
https://www.cbafaq.com/salarycap.htm#Q89

"If this player is traded during the 2011-12 season, then his outgoing salary from the sending team's perspective is his actual salary -- $2 million. But the player's incoming salary from the receiving team's perspective is $8.94 million -- the average of all five seasons. Such a player would be very difficult to trade -- a legal trade can only be accomplished if both teams add additional salary to the transaction, or if they include a third team that is able to absorb excess salary."
 
PM received.

Numb's source IS Rigby.

oprah02.gif
 
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