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Finley might be traded to East, (Pacers mention)

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  • #16
    Re: Finley might be traded to East, (Pacers mention)

    Originally posted by foretaz

    philly and dallas agree to a trade....finley is traded for chris webber....they both have 3 years left on their contracts....so the trade is consummated and then each player is waived.....and in turn each player resigns with their original team, thereby allowing both teams to avoid the luxury tax penalty....and the players (depending on how the cba addresses this issue) stand to make a few more bucks, but the teams gladly do it because they end up spending substantially less on the player due to saving all the luxury tax dollars....
    LOL...very sneaky foretaz

    Comment


    • #17
      Re: Finley might be traded to East, (Pacers mention)

      Originally posted by able
      Whoever wrote this needs to get in grip with reality.

      With the Pacers payroll as it is, they are looking for relief, not add idioticly overpaid contracts to the mix.

      Relief at end of this season for P's: Reggie and Scott's contrazct ( 12 million total) and at the start of the season; 10 million for waving Cro under the new CBA amnesty.

      And he seriously thinks the P's think Fin is worth 102 million dollar for 3 years to them????


      blegh, they should fire people who write crap like that.
      The maths not quite what you think it is. Finley is owed 51 million over 3 years Cro is 9 this year, Pollard is 6. If we package Cro and Pollard to Mavs we are even this year and have the same payroll. Next year Reggies contract comes off and Cro final year so that is another 15M from the payroll the third year is where we get hammered on Fins contract which is about 18 Million. We are far enough under that the Pacers would not have to pay that dollar for dollar tax. Also Benders contract comes off in 2 years so its not as bad as it sounds in that third year.
      "He wanted to get to that money time. Time when the hardware was on the table. That's when Roger was going to show up. So all we needed to do was stay close"
      Darnell Hillman (Speaking of former teammate Roger Brown)

      Comment


      • #18
        Re: Finley might be traded to East, (Pacers mention)

        I'm gonna bet there is some clause that would disallow trading for a player and then waiving him. The intent of the ETO was to allow a club to void themselves of a mistake THEY MADE, IOW an albatross contract.
        Ever notice how friendly folks are at a shootin' range??.

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        • #19
          Re: Finley might be traded to East, (Pacers mention)

          bottom line is, any chance of finley coming here ended when we drafted granger....we simply have no need for him...we have jack, f. jones, artest, and granger on the wing with jj being available for us to resign....throw in that bender can play the 3 as well....and if saras is signed he will get some minutes at the 2 as well.....there are no minutes available....especially for guy who is on the downside of his career, has definitely lost some ability, and has 3 years and 51 million left on his contract....

          no way....no way in hell.....

          and to bring him here to waive still doesnt eliminate his nitemare contract from having to be paid by us as well as it strangling our salary cap....if we want that im sure we can find another 16 million dollar a year player that can probably produce a bit more than finley and actually get something out of it....

          as bad as austins contract may be....its nothing compared to finleys....dallas made their mistake....the pacers arent gonna help them out of it....doesnt make sense

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          • #20
            Re: Finley might be traded to East, (Pacers mention)

            Originally posted by indygeezer
            I'm gonna bet there is some clause that would disallow trading for a player and then waiving him. The intent of the ETO was to allow a club to void themselves of a mistake THEY MADE, IOW an albatross contract.
            So you think if the Pacers traded Cro & Pollard to the Mavs the Mavs turn around and waive Cro to save money. Probably true, as Bird said most teams will probably wait till Oct 1st to waive a player, weighing all their options first.

            Dallas loses VanHorn and Terrys contract after next year saving them 23 Million more. If they trade Fins contract they could make some moves after next year
            "He wanted to get to that money time. Time when the hardware was on the table. That's when Roger was going to show up. So all we needed to do was stay close"
            Darnell Hillman (Speaking of former teammate Roger Brown)

            Comment


            • #21
              Re: Finley might be traded to East, (Pacers mention)

              I agree with Foretaz, if were going to take on 51M why not a player with upside. However I don't think trading Cro & Bender would be that bad a deal for us we owe those 2 about 32M over the next 2 years. After this next year Reggie and pollard come off making us 12M less next year
              "He wanted to get to that money time. Time when the hardware was on the table. That's when Roger was going to show up. So all we needed to do was stay close"
              Darnell Hillman (Speaking of former teammate Roger Brown)

              Comment


              • #22
                Re: Finley might be traded to East, (Pacers mention)

                Originally posted by aceace
                The maths not quite what you think it is. Finley is owed 51 million over 3 years Cro is 9 this year, Pollard is 6. If we package Cro and Pollard to Mavs we are even this year and have the same payroll. Next year Reggies contract comes off and Cro final year so that is another 15M from the payroll the third year is where we get hammered on Fins contract which is about 18 Million. We are far enough under that the Pacers would not have to pay that dollar for dollar tax. Also Benders contract comes off in 2 years so its not as bad as it sounds in that third year.
                Let me start by saying that it was not intended as a totally accurate collection of data, but a show of reason why, nonetheless if yiou appreciate the math, you will appreciate me correcting you a wee bit and putting down the numbers as we can know them.

                Current Pacers payroll 74 million dollar, pls add another 6 (at least) to contract our 1st round draft and the FA's we need to take care of and/or Saras, Henceforth for 05-06 we are looking at 80 million dollar

                Though Pollard and Miller are ending contracts, at the start of the new season we will by increases alone be at 72 million and we need to replace, have a draftpick so we are likely back up to 77 million dollar before the real start of the 06-07 season.
                Cro and Bender end that season, 17 million coming of, but increases will bring us to approx 64 million before we even sign anyone to replace those two, so 70 million would not be a bad guess at the start of the 07-08 season.

                In all likelyhood we will be "within" the "cliff" provision for the LT in the 3rd year we are looking at.


                So we pay LT in 05-06 of about (assuming LT starts at 58 million) 22 million dollar. In the next 19 million


                Now keep in mind there is a cliff, so with some luck we will not have to pay LT in the 3rd year

                I already showed that dropping Cro makes sure we will not pay LT in the second year, but if we are very lucky not even in the 1st though reason says we will be in LT land this coming season.


                The "cost" for Pollard, Cro and Miller in those 3 years:
                year 1: 21.5 million LT possible: 22 million
                year 2: 9.5 million LT possible 19 million
                year 3: 0 no LT

                Now we trade Cro and Polly for Fin, 15 million this year.
                (assuming we waive Finley straight away so he can join the Pistons on our expense)
                our payroll = 80 million LT 7 million
                year 2: our payroll= 83 million LT 10 million
                year 3: 80 million LT 7 million

                payroll over 3 years in case 1: (80/77/70) 227 million LT 41 million = 268 mill
                payroll over 3 years in case 2: (80/83/80) 243 million LT 24 million = 267 mill


                Consider that we have NO players to show for in that 2nd case scenario and nothing to trade to GET players, we are far worse off.

                In the case we keep Fin to play (as suggested in the article and more likely to be a clause in the amnesty rule) then our situation doesn't "remain equal" be it that we have no one playing for all that money, but instead we deteriorate fast:

                our payroll = 80 million LT 22 million
                year 2: our payroll= 83 million LT 25 million
                year 3: 80 million LT 20 million

                making the total: 243+67= 310 million dollar.

                QED on the "trade" we loose 40+ million dollars and if we follow my scenario of waiving Cro; we "save" as opposed to doing this trade another 20 million (at least).
                So Long And Thanks For All The Fish.

                If you've done 6 impossible things today?
                Then why not have Breakfast at Milliways!

                Comment


                • #23
                  Re: Finley might be traded to East, (Pacers mention)

                  Originally posted by Peck
                  We got David Harrison with the last pick in the first round. Would anybody be happy to give up a # 1 pick just to give it away?
                  Couldn't agree more. But I thought I remembered you favored the Bender to LA salary dump with Indiana giving up its first rounder. If I remembered wrong, apologies. Won't be the first bad remembrance. Ask my wife.

                  Good analysis on the Simon's and the luxury tax. I expect the team to be reasonable in how they handle the team's finances, but I don't want the team to go into a sky is falling mode, if it appears a luxury tax is certain.

                  Comment


                  • #24
                    Re: Finley might be traded to East, (Pacers mention)

                    Originally posted by Harmonica
                    I'm pretty sure that's not the way it would work. The Mavs have to pay the remaining amount on his contract, but he could go play somewhere else for substantially less. Like Dale Davis. But I may have my facts confused.

                    I think that's correct.

                    I don't know where Able got 102 million dollars from. Finley is owed just over 51 million for the next 3 seasons.

                    Comment


                    • #25
                      Re: Finley might be traded to East, (Pacers mention)

                      Ok let me clarify my thoughts, by next season we probably won't be the third highest payroll, many teams need to sign their free agents, draft picks and so forth. I would never trade for Finley just to waive him. Dallas has alot of scorers and Fins point reduction this past season has something to do with that (Terry, VanHorn, Nowitzki). My point was If we packaged Cro & Bender for Fin we get a SG back thats 32 and got a few years left to help us in a win now situation. Cro & Bender are contracts that offer us no help right now. Fin makes roughly this year and next what Cro & Bender will make. If this is about salary reduction due to LT then just give Cro his walking papers and be done with it. Take a chance with Bender and Granger being the SG/SF backups. If we need a SG and can live with 75M team salary then trade Cro & Bender get someone who can start and provide immediate help on the perimeter. If Bird/Walsh think Fin is washed up and done then they won't bother bringing him here. When Pollard & Regs contract expire after this year we get 12M of cap relief for next.
                      "He wanted to get to that money time. Time when the hardware was on the table. That's when Roger was going to show up. So all we needed to do was stay close"
                      Darnell Hillman (Speaking of former teammate Roger Brown)

                      Comment


                      • #26
                        Re: Finley might be traded to East, (Pacers mention)

                        Originally posted by PacerFanAdam
                        I think that's correct.

                        I don't know where Able got 102 million dollars from. Finley is owed just over 51 million for the next 3 seasons.
                        If Dallas keeps him they would have a 95M+ payroll and would have to pay the LT so for Dallas his 51M over the next 3 is like 102M. If they waive him they drop to 79M team payroll.
                        "He wanted to get to that money time. Time when the hardware was on the table. That's when Roger was going to show up. So all we needed to do was stay close"
                        Darnell Hillman (Speaking of former teammate Roger Brown)

                        Comment


                        • #27
                          Re: Finley might be traded to East, (Pacers mention)

                          I don't think you can do this trade-and-waive thing anyway. My understanding of the new rules is that the player must be waived by the team he's on now in order to avoid the LT.

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