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tw-lakbfan
Franchise Player
Joined: 29 Jun 2001
Posts: 16636
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 Posted: Sun Jul 01, 2007 1:09 pm Post subject: |
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| LarryCoon, thanks for the thorough analysis. Now I get a clearer picuture of what it takes to get KG here. |
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JUST-MING
Retired Number
Joined: 23 Jun 2005
Posts: 43986
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| Posted: Sun Jul 01, 2007 1:10 pm Post subject: |
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| LarryCoon wrote: | Just to put official numbers on the table, here's where the numbers for a Garnett trade officially stand, now that it's July 1.
Garnett's salary is now $22,000,000. His 15% trade bonus is still $6,750,000.
For a team to acquire Garnett's base salary, they would have to send away at least $17,520,000. This is without his bonus, for reasons I'll explain below.
If Garnett is traded, his entire bonus would now count against the acquiring team's 07-08 cap. So Garnett's incoming salary would be $28,750,000 if he gets his entire bonus. To trade for Garnett's base salary and his entire bonus, a team would need to send out $22,920,000. If they send out at least this much, then Garnett gets his entire bonus. Also, if this happens, then the trade can be made upon a mutual agreement among the teams, and does not require Garnett's consent.
If a trade sends out at least $17,520,000 but less than $22,920,000, then Garnett would receive some, but not all of his trade bonus. For example, if a team sent out $19,000,000 in salary, then the most they could receive in trade is $23,850,000. Since Garnett's base salary is $22,000,000, this means his trade bonus would be limited to $1,850,000. The teams could still make the trade under these circumstances, but it would require Garnett's consent to waive the remaining $4,900,000 of his bonus. This is the only circumstance in which the player can waive his bonus. they couldn't, for example, send out $23,000,000 in salary, and ask Garnett to waive all of his bonus. He has to get it under those circumstances.
A trade bonus, by the way, is paid by the receiving team, and is due in a lump sum within 30 days after the trade. So the team that trades for Garnett has to write a pretty big check right away.
So to summarize, if the trading team sends out:
-- Less than $17,520,000: Trade is not legal.
-- Exactly $17,520,000: Trade is legal, but only if Garnett consents to waive his entire bonus.
-- More than $17,520,000, but less than $22,920,000: Trade is legal, but only if Garnett consents to waive a portion of his bonus. He must still be paid the remainder of his bonus by the receiving team within 30 days.
-- At least $22,920,000, but not more than $27,600,000: Trade is legal. Garnett receives his entire bonus (paid by the receiving team within 30 days), and Garnett's consent is not required.
-- More than $27,600,000: Trade is not legal if all salary goes to Minnesota. A third team must be involved to absorb some of the salary. |
Thanks LarryCoon, just for reference (I hope the numbers are correct):
Kevin Garnett ($22,920,000)
Lamar Odom ($13,524,000)
Kwame Brown ($9,075,000)
Andrew Bynum ($2,172,000)
Total Salary: $22,920,000 < $24,771,000 < $27,600,000 (LEGAL)
Javaris Crittenton (Estimated: $1,240,920) / Jordan Farmar ($1,009,560) |
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targetman
Star Player
Joined: 04 Sep 2004
Posts: 5503
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| Posted: Sun Jul 01, 2007 1:23 pm Post subject: |
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| Mike@LG wrote: | | mirak wrote: | | Mike@LG wrote: | | Trey wrote: | | Pappy wrote: | | LakerLogic wrote: | | It is funny to hear people so excited about Bynum working out. That is what he gets paid to do. |
so true, and i'll bet that news alone will change Kobe's mind! |
Is it in their contracts that they have to workout during the off-season? |
No, but in Bynum's case, it's more like an unspoken agreement.
They know he's a project. He has to prove he belongs on the team, nevermind the NBA. |
OT - Mike, are you working on an analysis of the Laker draft picks? |
Yup. I was gone for 3 days in the Bay Area for a family emergency. Got some things to cover today as well. Should be done by tomorrow at the latest. |
Are your aunts okay?
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Hope for the best. Prepare for the worst. |
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targetman
Star Player
Joined: 04 Sep 2004
Posts: 5503
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| Posted: Sun Jul 01, 2007 1:25 pm Post subject: |
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| LarryCoon wrote: | Just to put official numbers on the table, here's where the numbers for a Garnett trade officially stand, now that it's July 1.
Garnett's salary is now $22,000,000. His 15% trade bonus is still $6,750,000.
For a team to acquire Garnett's base salary, they would have to send away at least $17,520,000. This is without his bonus, for reasons I'll explain below.
If Garnett is traded, his entire bonus would now count against the acquiring team's 07-08 cap. So Garnett's incoming salary would be $28,750,000 if he gets his entire bonus. To trade for Garnett's base salary and his entire bonus, a team would need to send out $22,920,000. If they send out at least this much, then Garnett gets his entire bonus. Also, if this happens, then the trade can be made upon a mutual agreement among the teams, and does not require Garnett's consent.
If a trade sends out at least $17,520,000 but less than $22,920,000, then Garnett would receive some, but not all of his trade bonus. For example, if a team sent out $19,000,000 in salary, then the most they could receive in trade is $23,850,000. Since Garnett's base salary is $22,000,000, this means his trade bonus would be limited to $1,850,000. The teams could still make the trade under these circumstances, but it would require Garnett's consent to waive the remaining $4,900,000 of his bonus. This is the only circumstance in which the player can waive his bonus. they couldn't, for example, send out $23,000,000 in salary, and ask Garnett to waive all of his bonus. He has to get it under those circumstances.
A trade bonus, by the way, is paid by the receiving team, and is due in a lump sum within 30 days after the trade. So the team that trades for Garnett has to write a pretty big check right away.
So to summarize, if the trading team sends out:
-- Less than $17,520,000: Trade is not legal.
-- Exactly $17,520,000: Trade is legal, but only if Garnett consents to waive his entire bonus.
-- More than $17,520,000, but less than $22,920,000: Trade is legal, but only if Garnett consents to waive a portion of his bonus. He must still be paid the remainder of his bonus by the receiving team within 30 days.
-- At least $22,920,000, but not more than $27,600,000: Trade is legal. Garnett receives his entire bonus (paid by the receiving team within 30 days), and Garnett's consent is not required.
-- More than $27,600,000: Trade is not legal if all salary goes to Minnesota. A third team must be involved to absorb some of the salary. |
You're good Larry, you're very good!
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Hope for the best. Prepare for the worst. |
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mirak
Star Player
Joined: 24 Jun 2005
Posts: 5238
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| Posted: Sun Jul 01, 2007 1:57 pm Post subject: |
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| Mike@LG wrote: | | mirak wrote: | | Mike@LG wrote: | | Trey wrote: | | Pappy wrote: | | LakerLogic wrote: | | It is funny to hear people so excited about Bynum working out. That is what he gets paid to do. |
so true, and i'll bet that news alone will change Kobe's mind! |
Is it in their contracts that they have to workout during the off-season? |
No, but in Bynum's case, it's more like an unspoken agreement.
They know he's a project. He has to prove he belongs on the team, nevermind the NBA. |
OT - Mike, are you working on an analysis of the Laker draft picks? |
Yup. I was gone for 3 days in the Bay Area for a family emergency. Got some things to cover today as well. Should be done by tomorrow at the latest. |
Hope all is well with your family. |
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vanexelent
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Joined: 17 May 2005
Posts: 30081
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| Posted: Sun Jul 01, 2007 4:31 pm Post subject: |
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| Quote: | The Warriors jumped in with both feet on draft day, trading popular Jason Richardson to Charlotte for young Brandan Wright, whom they hadn't even worked out.
With Minnesota seeking prospects, the Warriors are now offering Wright, Monta Ellis and Patrick O'Bryant.
Minnesota is asking for Andris Biedrins. Golden State is offering Al Harrington instead and may also insist that Garnett waive his $6.5-million trade kicker, so it's not done yet |
LA Times. |
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Hector the Pup
Retired Number
Joined: 25 Jul 2002
Posts: 35946
Location: L.A.
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| Posted: Sun Jul 01, 2007 6:58 pm Post subject: |
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| vanexelent wrote: | | Quote: | The Warriors jumped in with both feet on draft day, trading popular Jason Richardson to Charlotte for young Brandan Wright, whom they hadn't even worked out.
With Minnesota seeking prospects, the Warriors are now offering Wright, Monta Ellis and Patrick O'Bryant.
Minnesota is asking for Andris Biedrins. Golden State is offering Al Harrington instead and may also insist that Garnett waive his $6.5-million trade kicker, so it's not done yet |
LA Times. |
They'd need a 3rd team to take on the trade exception to make it work unless they got Minny to take Foyle, Harrington OBryant and Wright |
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LarryCoon
Site Staff
Joined: 11 Aug 2002
Posts: 11265
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| Posted: Sun Jul 01, 2007 7:14 pm Post subject: |
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| JUST-MING wrote: | Thanks LarryCoon, just for reference (I hope the numbers are correct):
Kevin Garnett ($22,920,000) |
I had Garnett's correct salary right in my post. 
It's $22M, exactly.
| Quote: | | Lamar Odom ($13,524,000) |
$13,248,596.
| Quote: | Kwame Brown ($9,075,000)
Andrew Bynum ($2,172,000) |
These two are correct.
Total salary for the three Lakers is about $24.6M, which is fine, as long as KG agrees to waive a portion of his bonus.
Last edited by LarryCoon on Sun Jul 01, 2007 7:15 pm; edited 1 time in total |
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ForumBlueFrank
Franchise Player
Joined: 08 Nov 2006
Posts: 12889
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| Posted: Sun Jul 01, 2007 7:14 pm Post subject: |
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| Quote: | Deals for PFs Kevin Garnett and Jermaine O'Neal did not go down before draft day, but that doesn't mean they're dead. "I would expect all that to start going again by the end of July," says one general manager. The Timberwolves have resolved to trade Garnett, though the possibility of sending him to Phoenix looks dimmer -- the Suns won't give up PF Amare Stoudemire. A deal involving O'Neal is almost certain, too. The Lakers remain the favorite, but a package of PF Lamar Odom and C Andrew Bynum is too steep a price. . . .
http://www.sportingnews.com/yourturn/viewtopic.php?t=231445 |
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LakersFan_73
Starting Rotation
Joined: 03 Jul 2004
Posts: 292
Location: Quartz Hill
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| Posted: Sun Jul 01, 2007 9:42 pm Post subject: |
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end of July?!? 
That's a long wait for me...  |
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Siguy
Star Player
Joined: 19 Feb 2003
Posts: 2321
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| Posted: Sun Jul 01, 2007 10:38 pm Post subject: |
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I think the problem is that Minnesota screwed up the timing on all this by waiting too long. They screwed themselves.
Garnett is the one guy who I'd be fine losing both Bynum and Odom for (I guess for money reasons we'd need to lose Kwame too, though then I have no idea who the heck our remaining big man would be).
O'neal, Gasol, etc. None of these guys are worth both of our best assets. My dream is that Memphis really wants to dump Gasol and they take Bynum, Kwame, and one of our point guard prospects in a desperation move, but Gasol's contract isnt as stupid as O'neal and Garnetts so I bet there'd be a lot more competition for it. |
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BallerAli
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Joined: 30 Oct 2005
Posts: 412
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| Posted: Sun Jul 01, 2007 10:48 pm Post subject: |
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| maaaan whole lot of zeros. I could work ten lives over and not make that much. |
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Balki Bartokomous
Star Player
Joined: 21 Apr 2006
Posts: 4085
Location: North LA County
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| Posted: Sun Jul 01, 2007 10:53 pm Post subject: |
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http://www.suntimes.com/sports/basketball/bulls/451227,CST-S
PT-bull-internet-only01.article
Chicago Sun Times
July 1, 2007, BY BRIAN HANLEY
"...Kevin Garnett still is very much available after the
Minnesota Timberwolves tried in vain to trade their
superstar before the draft Thursday. Reports out of Phoenix
are that the Suns -- Garnett's supposed team of choice --
are done trying to deal for him after predraft talks broke
down. The Los Angeles Lakers, still trying to placate Kobe
Bryant and his demand that the team add some serious star
power, are still said to be very interested in Garnett. But
the Timberwolves already have said ''no thanks'' to a
package of Andrew Bynum and Lamar Odom, and adding the
Lakers' Luke Walton in a sign-and-trade likely won't change
their minds.
If reports last week are true that Timberwolves owner Glen
Taylor told GM Kevin McHale to get a Garnett trade done, the
Bulls should be back in on the talks they have held
previously with the T-wolves..."
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"Now we're so happy we do the dance of joy." |
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nomoreshaq
Star Player
Joined: 21 Jun 2004
Posts: 5141
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| Posted: Sun Jul 01, 2007 11:26 pm Post subject: |
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do you guys think a bynum, david lee, and expiring k's (fred jones, dan dickau, kwame brown) would get it done for KG?
we would get this by trading lamar for lee, jones, dickau and crawford.
NY would have a huge frontcourt, maybe the best in the east.
Curry/Randolph/Odom with Q and Starbury running the backcourt.
meanwhile, we'd look like this.
mle/mihm
kg/turiaf/cook
walton/vlad
kobe/evans
crawford/farmar/crittenton
IR: Sasha |
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Raptor2k
Star Player
Joined: 24 Jun 2005
Posts: 4426
Location: Dallas/Ft. Worth
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| Posted: Sun Jul 01, 2007 11:43 pm Post subject: |
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| Balki Bartokomous wrote: | http://www.suntimes.com/sports/basketball/bulls/451227,CST-S
PT-bull-internet-only01.article
Chicago Sun Times
July 1, 2007, BY BRIAN HANLEY
"...Kevin Garnett still is very much available after the
Minnesota Timberwolves tried in vain to trade their
superstar before the draft Thursday. Reports out of Phoenix
are that the Suns -- Garnett's supposed team of choice --
are done trying to deal for him after predraft talks broke
down. The Los Angeles Lakers, still trying to placate Kobe
Bryant and his demand that the team add some serious star
power, are still said to be very interested in Garnett. But
the Timberwolves already have said ''no thanks'' to a
package of Andrew Bynum and Lamar Odom, and adding the
Lakers' Luke Walton in a sign-and-trade likely won't change
their minds.
If reports last week are true that Timberwolves owner Glen
Taylor told GM Kevin McHale to get a Garnett trade done, the
Bulls should be back in on the talks they have held
previously with the T-wolves..." |
Yeah, good luck finding a better offer Minny :roll:.
_________________
"I accepted their challenge. I accepted the doubt of everyone who spoke on my downfall and used their words as fuel. I have a franchise to resurrect, a city of fans to uplift." |
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Tarzan008
Star Player
Joined: 23 Jun 2005
Posts: 2761
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| Posted: Sun Jul 01, 2007 11:48 pm Post subject: |
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| I canot see a better deal than ours.... I hope Carter the Minny owner gets back from his honeymoon real soon,and takes over control and gets this thing done....get matters out of Franken-Lurch's hands.... |
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Lakers Dynasty 2000
Star Player
Joined: 18 Jan 2003
Posts: 5349
Location: So Cal
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coop-a-loop
Starting Rotation
Joined: 17 Jun 2001
Posts: 640
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| Posted: Mon Jul 02, 2007 12:57 am Post subject: |
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| Exactly. I wish Mchale the best of luck in trying to find something better than what we have on the table... |
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JediRekal
Star Player
Joined: 03 Oct 2002
Posts: 1257
Location: Riverside, CA
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| Posted: Mon Jul 02, 2007 6:33 am Post subject: |
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UPDATE:
Nash Says KG Trade Won't Happen
July 2, 2007 - 6:42 am
The Bergen Record -
Steve Nash told the media he does not believe the Suns will complete a trade to ship out Amare Stoudemire and bring back Kevin Garnett.
"I think that those things are all talk," he said. "Big trades these days are so difficult to pull off. Every team at this stage of this season is going to be open to talking about things, but the reality is there's probably not a lot in it."
http://www.realgm.com/src_wiretap_archives/46849/20070702/nash_says_kg_trade_wont_happen/
Mitch... we can hope that you win KG by default! Suns out of KG race!!
How does Mitch/us need to worry about now? GS, Bos, Chi???
How about an update to the thread title... "Suns out of KG race p.117"  |
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Great One
Star Player
Joined: 24 Jun 2005
Posts: 3166
Location: Girl I'm Back in Spanish Town
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| Posted: Mon Jul 02, 2007 7:24 am Post subject: |
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| JediRekal wrote: | Nash Says KG Trade Won't Happen
July 2, 2007 - 6:42 am
The Bergen Record -
Steve Nash told the media he does not believe the Suns will complete a trade to ship out Amare Stoudemire and bring back Kevin Garnett.
"I think that those things are all talk," he said. "Big trades these days are so difficult to pull off. Every team at this stage of this season is going to be open to talking about things, but the reality is there's probably not a lot in it."
http://www.realgm.com/src_wiretap_archives/46849/20070702/nash_says_kg_trade_wont_happen/
Mitch... we can hope that you win KG by default! Suns out of KG race!!
How does Mitch/us need to worry about now? GS, Bos, Chi???
How about an update to the thread title... "Suns out of KG race p.117" |
everyone knows that phx wasnt really in the race for KG in the first place
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"Nobody hates the good ones. They hate the great ones." - KB |
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clutchkobe
Star Player
Joined: 18 Sep 2005
Posts: 1982
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| Posted: Mon Jul 02, 2007 7:48 am Post subject: |
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the lakers need to go to the bulls and offer lamar odom for noah and a resigned p.j brown for one year. mchale love noah and all florida gators and offer noah, bynum, brown, kwame, mckie and farmar for k.g. also maybe they can do a sign and trade for nicioni..(i know the spelling is wrong)
Last edited by clutchkobe on Mon Jul 02, 2007 11:01 am; edited 1 time in total |
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KobeDunk
Retired Number
Joined: 23 Sep 2004
Posts: 26849
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| Posted: Mon Jul 02, 2007 7:50 am Post subject: |
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| The KG to Lakers dream is not dead yet! We still have our chances and if Mitch could be a bit creative he could probably put a package together that Mchale would bite on! |
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Great One
Star Player
Joined: 24 Jun 2005
Posts: 3166
Location: Girl I'm Back in Spanish Town
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| Posted: Mon Jul 02, 2007 7:53 am Post subject: |
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| clutchkobe wrote: | | the lakers need to go to the bulls and offer lamar odom for noah and a resigned p.j brown for one year. mchale love noah and all florida gators and offer noah, bynum, kwame, mckie and farmar for k.g. also maybe they can do a sign and trade for nicioni..(i know the spelling is wrong) |
why would they want to do this when they can just send Noah, thomas, and a
resigned Pj brown for themselvs.
point is do they want to deal with his trade kicker? 
_________________
"Nobody hates the good ones. They hate the great ones." - KB |
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Tarzan008
Star Player
Joined: 23 Jun 2005
Posts: 2761
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| Posted: Mon Jul 02, 2007 8:04 am Post subject: |
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| clutchkobe wrote: | | the lakers need to go to the bulls and offer lamar odom for noah and a resigned p.j brown for one year. mchale love noah and all florida gators and offer noah, bynum, kwame, mckie and farmar for k.g. also maybe they can do a sign and trade for nicioni..(i know the spelling is wrong) |
LO for Noah and a re-signed PJ works well for both teams IMO. But does it in PAX's opinion? I would think so.... They won 49 games last season,and with more experience this coming season and an added player of LO's status they could push 55+ this season in the weaker east.....
I also like a Nocioni...for Luke and Cook trade...7 to 8 million for Nocioni would seal that deal for him..... Really hard nosed and passionate,gets you about 14 a game while doing lots of the small things.....
The trade kicker the extension we offered the organization itself (still carries weight) playing with Kobe all points to us.... I just dont see KG going anywhere else.....AT least at this point. I believe we have him. But the T-pups are holding out for anything else that may arise..... |
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KobeDunk
Retired Number
Joined: 23 Sep 2004
Posts: 26849
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| Posted: Mon Jul 02, 2007 8:18 am Post subject: |
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LO+Walton for Nocioni, Noah and PJ BRown (1year resigned)??
Then we keep Nocioni and shop Noah,, Kwame, PJ and Bynum + next years 1st rounder to Minnesota for KG |
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