Trade and Cap question

newfan101

Registered
Joined
Oct 14, 2003
Posts
531
Reaction score
0
Location
Phoenix
Hi everyone. I'm a new poster here, and really enjoy the site.

Anyway, the Brevin Knight scenario had me thinking about a deal that would save the Suns money without giving away anything significant, and I'm wondering if this idea would work under the CBA.

The Suns send Knight, a minimum wage cap filler, 2 seconds, and 3 million in cash to Utah, in exchange for their Minimum wage cap filler, at the midway point of the season. Knights salary would have no cap implications for Utah, since they're so far below it. However, since they'd only be responsible for half of Knights salary (2.5 million), they would technically make $500,000 on the deal, considering the 3 million in cash. So it would literally be a no lose deal for them ... make half a million, and get a couple of seconds for the trouble.

From the Suns side, they would save the other half of Knights salary (2.5 million) plus 5 million in luxury taxes, totaling 7.5 million. Subtract the 3 million in cash, and they still save 4.5 million this season, and wouldn't have to trade away anything significant.

I'm sure I'm leaving out something technical, or maybe there are rules against this I'm not aware of. I'm sure someone here can set me straight. Anyway, just thought I'd post the idea. Thanks.
 

SweetD

Next Up
Supporting Member
Moderator Emeritus
Joined
Jan 15, 2003
Posts
9,865
Reaction score
173
Location
Gilbert, AZ
Originally posted by newfan101
Hi everyone. I'm a new poster here, and really enjoy the site.

Anyway, the Brevin Knight scenario had me thinking about a deal that would save the Suns money without giving away anything significant, and I'm wondering if this idea would work under the CBA.

The Suns send Knight, a minimum wage cap filler, 2 seconds, and 3 million in cash to Utah, in exchange for their Minimum wage cap filler, at the midway point of the season. Knights salary would have no cap implications for Utah, since they're so far below it. However, since they'd only be responsible for half of Knights salary (2.5 million), they would technically make $500,000 on the deal, considering the 3 million in cash. So it would literally be a no lose deal for them ... make half a million, and get a couple of seconds for the trouble.

From the Suns side, they would save the other half of Knights salary (2.5 million) plus 5 million in luxury taxes, totaling 7.5 million. Subtract the 3 million in cash, and they still save 4.5 million this season, and wouldn't have to trade away anything significant.

I'm sure I'm leaving out something technical, or maybe there are rules against this I'm not aware of. I'm sure someone here can set me straight. Anyway, just thought I'd post the idea. Thanks.

If the suns trade Knight he will come off the books and not be a part of the Luxury taxe for the year. Not sure if Jazz would give up anything just to take on salary. They realy need those picks to get the team back on track.
 

Joe Mama

Moderator
Supporting Member
Joined
May 14, 2002
Posts
9,501
Reaction score
964
Location
Gilbert, AZ
Originally posted by newfan101
Hi everyone. I'm a new poster here, and really enjoy the site.

Welcome to the board! It's nice to get a few new faces instead of the same old a**holes! :)

Joe Mama
 

elindholm

edited for content
Joined
Sep 14, 2002
Posts
27,599
Reaction score
9,918
Location
L.A. area
It's nice to get a few new faces instead of the same old a**holes!

Well geez, if you were looking the right direction, you might see faces instead of a**holes.
 

elindholm

edited for content
Joined
Sep 14, 2002
Posts
27,599
Reaction score
9,918
Location
L.A. area
Probably UTA can get better offers than 2 2nd rounders if they take a 5 mil. contract.

He was suggesting including enough cash in the deal to cover the salary. In essence, the Suns would pay Knight's salary to Utah instead of directly to the player.

I don't know whether there would be a rule against that.
 

arthurracoon

The Cardinal Smiles
Joined
Dec 6, 2002
Posts
16,534
Reaction score
0
Location
Nashville
Re: Re: Trade and Cap question

Originally posted by Joe Mama
Welcome to the board! It's nice to get a few new faces instead of the same old a**holes! :)

Joe Mama

:D
 
OP
OP
N

newfan101

Registered
Joined
Oct 14, 2003
Posts
531
Reaction score
0
Location
Phoenix
Originally posted by elindholm
He was suggesting including enough cash in the deal to cover the salary. In essence, the Suns would pay Knight's salary to Utah instead of directly to the player.



Yes, that's a good way to say it. The Suns would pay Knights salary to Utah, plus $500,000, plus a couple of second round picks.

It would be hard for any team to turn that down, if it's allowed.
 

Errntknght

Registered User
Joined
Sep 24, 2002
Posts
6,342
Reaction score
319
Location
Phoenix
I guess I could go for the deal - if Knight turns out not to be useful and we should know by then. I like having him on the team if he can allow Marbury to rest more and risk serious injury for that many fewer minutes. And if the team ever starts to 'run, run, run' Marbs will need to rest more.
 

JCSunsfan

ASFN Icon
Joined
Oct 24, 2002
Posts
22,115
Reaction score
6,551
Originally posted by Errntknght
I guess I could go for the deal - if Knight turns out not to be useful and we should know by then. I like having him on the team if he can allow Marbury to rest more and risk serious injury for that many fewer minutes. And if the team ever starts to 'run, run, run' Marbs will need to rest more.

With the way Barbs and JJ have been playing, I wouldn't mind letting them run the point when Steph needs a breather.

Penny in a pinch is fine too.

Its OK to take the rest of the preseason to get a good look, but right now, IMO, Knight is a total luxury.
 

Errntknght

Registered User
Joined
Sep 24, 2002
Posts
6,342
Reaction score
319
Location
Phoenix
I'd like to see JJ narrow his focus, forgetting about any PG duties - maybe that will help him become more consistent, which is the huge question for him. If Barbosa comes along fast enough I'd agree that Knight would be a luxury but I expect that, best case, it will be some months before we know the answer to that. I know Penny can play the point in a pinch but why put ourselves in that pinch if we don't have to? Last year Penny was needed as the 'assistant PG' when Marbury was playing and though it would be nice if that changed, I wouldn't bet on it happening overnight.

I'm thinking Knight, JJ, DerMarr, Googs, Koturovic would give us a solid second unit and we could swithch Scotty for 'Vic' to give more experience or Zarko for Googs for more speed and offense. With no one playing out of position.
 

JCSunsfan

ASFN Icon
Joined
Oct 24, 2002
Posts
22,115
Reaction score
6,551
So far in preseasons JJ has looked good, and I agree, running him alot at the point might not help him.

Knight is still a luxury, but so is Penny. Basketball-wise we could afford to lose one of the two without skipping a beat (based upon preseason play).

Keeping Marbs, Knight, and Barbs at the 1 and JJ, DJ, and Casey at the 2, would be plenty of depth. Actually, alot of teams only carry 5 guards.

But alas, how in the world do you trade Penny?

I think it is Knight that will go. Just don't trade the Cleveland pick! Give up a future Suns #1 or something.
 
Top