This guy is trying to beat Chamberlain's record.
This guy is trying to beat Chamberlain's record.
Am I the only one that believes this deal isn't going to happen? Not today, tomorrow, or never.
Did your buddy/Best Buy employee mention what Diaw thought of the deal.True story: my buddy ran into Diaw at the JFK airport last night and asked him about the trade. Diaw said he was told it's pretty much a done deal and he expects to be in Utah in the next few days.
Am I the only one that believes this deal isn't going to happen? Not today, tomorrow, or never.
Even $6 million to $9 million is in the range of cheese savings that is likely sufficient for GM and his GM to pull the trigger.For those of you defending this craptastic trade rumor from a financial perspective keep this in mind: the purported $18 million savings is a phantom number.
Doing some back of the envelope calculations, taking into account both seasons Diaw will be under contract (he's not opting out, that's a fantasy), and making very realistic assumptions about luxury tax payouts and future luxury tax probabilities I estimate the actual savings to the Miller family at $6.4 million with a total "ceiling" (i.e. the absolute maximum savings) of $9 million.
If you cite any number higher than $9 million, you're buying a company line designed to sell you a bad bill of goods.
For those of you defending this craptastic trade rumor from a financial perspective keep this in mind: the purported $18 million savings is a phantom number.
Doing some back of the envelope calculations, taking into account both seasons Diaw will be under contract (he's not opting out, that's a fantasy), and making very realistic assumptions about luxury tax payouts and future luxury tax probabilities I estimate the actual savings to the Miller family at $6.4 million with a total "ceiling" (i.e. the absolute maximum savings) of $9 million.
If you cite any number higher than $9 million, you're buying a company line designed to sell you a bad bill of goods.