No. Swapping seconds means you still have a second no?
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The whole Q-Pon trade:
We send a 2nd to get someone to take him, reminds me of this:
http://www.azquotes.com/picture-quot...g-12-82-96.jpg
You mean he was still on our roster? I mean come on now you got to be kidding right? Someone actually traded for him. Can will pull off the same magic with Asik?
We didn't swap picks. We gave up our 2nd rounder to Chicago to take Qpon.
Wow, looks like Dell also sent cash to Bulls for rights to a 30 year old international player who will never play in the NBA. So, we give up a 2nd and pay part of the salary to unload a smaller expiring contract. Another Dell move.Quote:
Brett Martel? @brettmartel
#Pelicans getting draft rights to international player Ater Majok as part of trade sending Pondexter, 2nd-rd pick, cash to the #Bulls.
Can you link to the salary part? I hadn't seen that posted yet.
And yes, we chose the best of the worst options. Had Solomon Hill not torn his hamstring we wouldn't have needed to do it however he did, so here we are. Exactly what was Dell supposed to do when his starting SF who guards 4 positions went down?
I've heard this draft is very top heavy so that second wouldn't have been very valuable anyway
Pels 2nd rounder will be around 40-50th pick. It is not a hefty price.
This 30 year old is another trade chip to use in trade. Like Latavious Williams earlier.
We can use it in the trade now or at the deadline. Dell has a history in such a small moves...
Wow, we gave up a 2018 2nd rounder AND $2.5 million in cash to rid ourselves of QPon and his $3.8 million salary! Other teams must laugh when they see how easy it is to outsmart Demps.Quote:
Bobby Marks?Verified account @BobbyMarks42
Circling back to the NOP/CHI trade from last week. $2.5M + 2018 NOP 2nd (early 40's) is a steep price by NOP for a salary dump.
Yes, rough. It also depends where the pick falls. But in general it might be a slight overpay if money sent back, still not terrible given our situation.
So we clear the cap space now, have the ability to sign the players we need now, and have no money tied up in a dead contract if we had stretched Qpon.
This would have never happened if Hill didn't get injured but he did. Dell had to make a hard decision but he isn't giving up on this season so he made this move. I have more respect for him than some of the fans around here who already want to phone it in.
Not compared to where 2016 picks "cost" and the fact that 2017 picks will cost more with the increase in annual cash limits that can be used for buying picks this year (from about $3.5 million to $5.1 million)
Quote:
Bobby Marks (@BobbyMarks42)
9/6/17, 9:43 AM
Essentially Chicago paid $1.3M for a pick in the late 30's/early 40's. 2nd rd. picks in 2016 sold for between $2M-$3.5M in that range.
Would have cost the Pels $1.3 million more (assuming no negotiated buyout) to stretch him and keep the 2nd and available cash for trades. Assuming no buyout, would have been about $1.26 million per year for 3 years against the cap.Quote:
Bobby Marks (@BobbyMarks42)
9/6/17, 9:37 AM
Circling back to the NOP/CHI trade from last week. $2.5M + 2018 NOP 2nd (early 40's) is a steep price by NOP for a salary dump.
Early 40s is debateable and even then I wouldn't call it 'steep'. A first rounder would have been steep
And if he's referring to the paltry 2.5mil given, let me introduce him to the 10s of millions of dollars in Asik dead money or overpaying Jrue. Id be much more concerned about that than bloody 2 mil here
Bobby Marks knows a lot about the NBA, but just like every national writer he is looking at it from the wrong perspective in regards to the Pelicans.
1st, his price is based off of the assumption of where the Pelicans will fall during the draft. If instead, we outperform what the national media thinks, then the compensation would be about average. For example this is right around what the Pelicans sold their 52nd pick for in the previous draft.
There's also a premium to keep in mind with needing to dump a salary now instead of selling a pick outright during the draft. A lot more teams with a lot more cap to work with around the draft.
2nd, unlike what Marks thinks stretching QPon was not an acceptable option. We are not just clearing QPon's money off of the books to avoid luxury tax later. We are actively trying to sign another player to our roster, now, today. By trading QPon we not only save ourselves luxury tax money later but we also create a trade exception we can use *now* along with more space from the hardcap than if we had just stretched QPon.
So did the Pelicans likely pay a premium to trade QPon? Probably, depending where our 2nd round pick falls. However given the situation with Hill and the fact that. . .well it's a 2nd round pick, no one should care this much.
As soon as a player is signed that we couldn't have gotten otherwise, everyone will chill out and it will be back to business as usual.
A trade exception allows us to not have to match salaries on a trade. We've basically *already* sent our player out in the trade. In this case QPon. The exception just allows us to bring in another player from another team with a salary up to his exception.
We still have to follow NBA trade rules for any team we are trading with, meaning we'd have to send them *something* back.