James Jones traded?

[dreamcastrocks]

However, I'm not sure if selling a draft pick (#24) creates a TE.

It doesn't. You are officially trading the rights to the player for cash.

 

[SunsTzu]

However, I'm not sure if selling a draft pick (#24) creates a TE.

It doesn't.

 

[Ouchie-Z-Clown]

This guy is the ultimate NBA tweener.

Prediction: in few years, neither of these draft picks are on the team.

i'm on board with that prediction.

 

[Mainstreet]

That's what I thought. The Suns sold a pick last year for 3 million and another pick for 3 million this year. So I guess the money is going towards a healthy bottom line for the owners.

I've been trying to think, but I cannot recall first round picks being sold for cash... certainly not two years in a row.

 

[sunsfn]

The TE is confusing.

Portland has a TE from the trade with NY. This happens when there is a difference in salary between the players and one team can take on salary because they are under the salary cap.

They used some or all of it by acquiring James Jones from the suns.

The suns do not have any TE left from the trade, and can not have because there was not a trade of players.

I still am not sure this trade happened, but the suns DO NOT HAVE ANY TE FROM THIS TRANSACTION IF IT HAPPENED.

 

[Mainstreet]

In Phoenix we sell picks for cash. Maybe we get a CE. This would be funny if it were not at the fans expense.

 

[Diawsome]

Can't combine a TE with players.

Didn't Atlanta include a 6 million trade exception along with Boris Diaw and the 2 picks in the Joe Johnson trade?

Well now I'm confused Atlanta was under the cap with that deal but I believe both Portland and New York were over the cap with this deal

 

[SunsTzu]

Didn't Atlanta include a 6 million trade exception along with Boris Diaw and the 2 picks in the Joe Johnson trade?

No the Suns got the TE from them obsorbing the difference between what JJ was signed for and what Diaw was making.

 

[B-Dogg]

Dont know if this has already been posted but its an article about the trade in the EVT...

Report: Suns trade James Jones to Blazers
Jerry Brown, Tribune
The Suns, continuing to push their payroll back toward the luxury tax threshold, have apparently found some help from Portland -- again.

The Oregonian reported late Thursday that the Suns will ship forward James Jones to the Blazers – a deal that will net Phoenix future considerations.

Jones has one guaranteed year left on a contract that pays him $2.9 million and a player option of $3.15 million for the 2008-09 season. With the Suns over the threshold, that $3 million would have been subject to the NBA’s dollar-for-dollar luxury tax penalty.

Jones averaged 6.7 points in 76 games last season (seven starts), shooting a disappointing 36.8 percent from the field. He started six of Phoenix’s 11 playoff games, playing 15.5 minutes per game and averaging 5.0 points and 1.4 rebounds.

His playing time and defensive assignments may be turned over to rookie Alando Tucker, an athletic player and tough defender who the Suns took with the 29th overall pick in Thursday’s NBA draft.

Jones played two years for the Suns, arriving in a sign-and-trade deal with Indiana on Aug. 25, 2005 in exchange for Phoenix’s second-round pick in 2008. A career 38.5 percent 3-point shooter, Jones averaged a career-high 9.3 points with the Suns in 2005-06, but his playing time and effectiveness dropped last season.

The Suns have found a willing partner in the Blazers, who have retooled their entire roster over the last two years and drafted or acquired eight new players Thursday – not including Jones. Portland bought a Phoenix first-round pick for $3 million for the second straight season, using the 24th overall pick to take Spanish guard Rudy Fernandez and doing the same to grab Sergio Rodriguez (27th overall) last season.
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[ryanshaug]

...

wow...just...wow.

 

[JCSunsfan]

That's alot of confidence to put in a rookie that hasn't played one minute on the NBA level.

 

[da_suns_fan]

That's alot of confidence to put in a rookie that hasn't played one minute on the NBA level.

Two things:

1) The Banker doesn't care about basketball...just about $$$

2) The Stache isn't going to play Tucker regardless if James Jones or Grant Hill or anyone else is here or not.

 

[Chaplin]

IF we sign Grant Hill, James Jones or Alando Tucker wouldn't get many minutes anyway.

 

[sunsfn]

So we know now he was traded to Portland, but we still do not know what for.

It appears it was for the trade exception + ? what ever that is. Maybe another pick sometime.

 

[dreamcastrocks]

So we know now he was traded to Portland, but we still do not know what for.

It appears it was for the trade exception + ? what ever that is. Maybe another pick sometime.

possibly a trade exception, possibly only future considerations.

 

[sunsfn]

possibly a trade exception, possibly only future considerations.

dreamstocks, you do not understand the TE.

There can be no trade exception to the suns!

Portland had a trade exception, they used it to get James Jones......the suns do not get any TE with that deal.

The TE only comes about when there is a trade of players, and it is what is left between the salaries of those players with one of the teams being under the salary cap.

 

[SunsTzu]

dreamstocks, you do not understand the TE.

There can be no trade exception to the suns!

Portland had a trade exception, they used it to get James Jones......the suns do not get any TE with that deal.

The TE only comes about when there is a trade of players, and it is what is left between the salaries of those players with one of the teams being under the salary cap.

Actually the Suns will get the TE. The Pacers got the Suns TE they used when the Suns aquired Jones.

It's just that teams that trade a player for a TE rarely if ever use it.

 

[JCSunsfan]

The announcement just now was that he was sent as part of the #24 trade.

It was #24 and James Jones for cash and "future considerations."

 

[dreamcastrocks]

dreamstocks, you do not understand the TE.

There can be no trade exception to the suns!

Portland had a trade exception, they used it to get James Jones......the suns do not get any TE with that deal.

The TE only comes about when there is a trade of players, and it is what is left between the salaries of those players with one of the teams being under the salary cap.

Actually the Suns will get the TE. The Pacers got the Suns TE they used when the Suns aquired Jones.

It's just that teams that trade a player for a TE rarely if ever use it.

Exactly. It is my understanding that the Suns will get a TE. Eventhough Portland used a TE to aquire JJ, it has nothing to do with Phoenix being over the cap and trading a salary and not receiving one in return.

 

[joshstmarie]

the words "cash considerations" have been the bane of my existence for the last 4 years.

 

[Treesquid PhD]

The announcement just now was that he was sent as part of the #24 trade.

It was #24 and James Jones for cash and "future considerations."

which explians why they didn't get more $$$ for the pick.

 

[sunsfn]

Exactly. It is my understanding that the Suns will get a TE. Eventhough Portland used a TE to aquire JJ, it has nothing to do with Phoenix being over the cap and trading a salary and not receiving one in return.

Maybe I explained it wrong.

If the suns send James Jones to Portland for a TE, the suns do get the TE, but they can not use it for another player. That is the end of the TE.

It sounded like people were saying that we were going to have a TE to get other players.

 

[Mainstreet]

Could the future considerations be a PG if the trade with NY goes through?

 

[dreamcastrocks]

Maybe I explained it wrong.

If the suns send James Jones to Portland for a TE, the suns do get the TE, but they can not use it for another player. That is the end of the TE.

It sounded like people were saying that we were going to have a TE to get other players.

I don't think so. Where are you getting your information from? You have called me out for not understanding the TE, and yet you misspoke.

If the Suns do receive a trade exception, they CAN use it to aquire another player in a trade, and it is valid for year. They just can't combine another player along with the TE in the same trade.

(I don't claim to know everything about the TE, but I am confident that this is correct.)

 

[dreamcastrocks]

Could the future considerations be a PG if the trade with NY goes through?

Lets hope so.