I know when trades are made during the season, salaries have to match, or at least come close. How is it that last year Minn traded Foye and Miller for a draft pic. What is the technical reason for this. Do they not have to have matching salaries?
This was the whole trade I think,
Wolves trade Randy Foye & Mike Miller to Washington for the 5th pick, Darius Songalia, Etan Thomas Peschrov.
This is what the writer wrote about the trade:
The Timberwolves currently hold the sixth, 18th, and 28th overall picks. Evidently, that wasn’t enough for Kahn.
Therefore, when he heard the Washington Wizards didn’t want the fifth overall pick, he snapped at the opportunity. The GM with as much basketball experience as me traded Randy Foye, who was infamously acquired for Brandon Roy, and sharpshooter Mike Miller to the Wizards for three lesser talents—Oleksiy Pecherov, Etan Thomas, Darius Songaila—along with the fifth overall pick.
Now, Kahn’s in the driver’s seat. Because he has back-to-back picks in the first round, he can take two prized talents of his choosing.
Obviously, since he traded Foye, he’ll select a point guard. He will have the tough decision to choose between Brandon Jennings, Jonny Flynn, Stephen Curry, Tyreke Evans, Jeff Teague, or Jrue Holiday.
I don’t have any insider information, but I’m guessing he’ll go after a scoring point guard rather a traditional pass-first point guard, given that the Timberwolves already have Sebastian Telfair.
This means that Evans or Curry should certainly catch his eye. The reason I say this is because to replace Foye, they need to replace his scoring production, which either Evans or Curry could do right away.
Miller’s offense will need to be replaced as well, which is why snagging the sixth pick was so important. Now, Kahn can take a point guard, then also select shooting guard Demar DeRozan or, though this may be a reach, Gerald Henderson Jr.
Whichever way he goes, the Timberwolves can only improve. The draft overall is considered weak, but when a franchise holds two of the first six picks, the talent is plentiful.
Pretty good first move by Kahn, eh Minnesota fans?
Too bad he took Rubio who's in Europe and not sure what Kahn is doing now.
Also he traded away Lawson and passed on Jennings, Curry, Collison and took Flynn nice draft Kahn.
Washington Wizards President Ernie Grunfeld announced today that the team has acquired guard/forward Mike Miller and guard Randy Foye from the Minnesota Timberwolves in exchange for Etan Thomas, Darius Songaila, Oleksiy Pecherov and the fifth overall selection in the 2009 NBA Draft.
The wolves also took on D.Songalia, Pecherov and Etan Thomas. A team is slotted to pay a rookie according to what # they are drafted.
Etan Thomas, Darius Songaila, Oleksiy Pecherov was also included in the trade
making the salaries match
ok thanks, but i guess the same rules apply.
i love how it was answered four times. but yes salaries always have to match up unless a PTE is involved
I took shots at him but to be honest he could have done worst. Rubio pick can get you a top 10 pick in this deep draft. They could possibly get a full roster of young promising talent. I still believe he could have done a better job but if he Turner this year and is able to grab one of the many athletic small forwards, he could wind up looking smarter than he is. Rubio stock keeps going up while he wins overseas because he is till young. Also a young point guard named Goran Dragic is making him looking even better since more than likely Rubio is better than Dragic right now and Dragic looks like a future starter for the Suns. This is coming from a guy whot thinks Kahn is a terrible GM but I think luck is on his side because if he turner and say Damion Jones/ Stanley Robison with the 23 pick.
You have a line up like this
they still have the the 45 pick in the 2nd round and 56 pick
they also have the rights to draft rights to Rubio
The could move Gomes, Sessions for some younger solid pieces
pick number 45 can yield a good player with this draft being deep
They have solid vets that are free agents they can choose to keep but I doubt it.
Minny is not looking that bad to be honest also they still have money under the cap.
Kahn would have to really screw up to mess this up really.
BobbyB, this is a good question that you've asked, and I'm not sure most fans understand.
Although (I believe) that trade matched salaries, that doesn't mean that all trades need to match salaries. The rule is that WHEN BOTH TEAMS ARE OVER THE CAP that the salaries must be within 15%. However, if one of the teams has extra cap space, then their trade partner can "trade into that space". For example, a few years ago the Nuggets traded Marcus Camby ($10Mil/yr) for a 2nd round pick. Were their salaries within 15%? Obviously not. The point is that the Clips were under the cap and the Nuggets were able to trade Camby and his contract within that space.
Hope this makes sense. Since this year their are so many teams under the cap, and few players deserving of max deals, we may see some more of these trades. I'm interested to see if the Nets and their Russian owner will accept an Andrei Kirilenko for a 2nd round draft pick trade..... that would help the Jazz out very much.
salaries have to match if both teams are over the cap. If one team is under the cap that team can absorb the contract like OKC did with Utah. Utah gave Maynor away for practically nothing so they could save money.
let me revise that what dude a spot ahead of me is saying is right they dont have to be spot on but pretty close
like sheltwon said, if both teams are over the cap, the trade must have equal contracts so the cap is not effected. However, if one team is under the cap, they can take on more salary in the trade.
If a teams over the cap they cant take more than %125 percent in return, of the salary they traded.