paulpressey25 wrote:I'm stunned at this one. I would have given them Dez and our future 1st.
But one thing you guys might not be seeing here is the banking situation. I don't want this thread to go political, but the U.S. financial system is unraveling the past few days. This is a serious meltdown that could have some massive reprecussions for all of us. We do not know what type of pressure the Nuggets owner is under nor what type of terms he might have on financing for his team or payroll.
It is entirely possible that the events the last week have materially changed the financial complexion of the Nuggets ownership and capital structure and they are not able to afford essentially a $16 million a year player (2x with the luxury tax). My guess is Denver got desperate here financially behind the scenes.
Maybe. I doubt it is that complicated though.
I think Denver just decided that they had an opportunity to greatly reduce the amount of money they would be spending, and they took it. If they don't replace what they are spending on Camby with more than what they'd have to spend on a minimum salary player, they are probably going to save about ~$21 mil just for this season.
Even if they would have been able to trade us Camby while only taking back Dez and a 1st round pick from us, that ends up costing them ~$9.5 mil more than doing what they are doing on this Clipper deal. A year of Dez plus whatever our 1st round pick is likely to be is not worth $9.5 mil in today's NBA. If they want a mid 1st round pick, they could simply buy one from a team for $3 mil. There is usually at least one team willing to sell their 1st round pick for that price.
Besides, the Bucks would have to send out more salary than just Dez in order to be able to acquire Camby. We'd be $2.52 mil short. So either the Nuggets would have to take back at least that much salary from us (which in this scenario would be subject to dollar-for-dollar tax, so double that amount) or we'd have to find a third team with enough cap space or a large enough TPE to absorb that salary so Denver wouldn't have to.
So, for Denver, you've got a significant financial component to this.
However, it isn't a sure thing that what they are trying to do is just to save money. They may be willing to turn right around and replace some/all of the salary they just gave away. Perhaps they'd just rather spend that money elsewhere other than on a big like Camby, considering the amount of money they are spending on Nene, Kenyon Martin, and even Steven Hunter.
For example, perhaps the Nuggets would now wish to use the TPE they just generated (by sending out Camby) to absorb a salary of someone like Mo Williams. Just ignore defense to a large extent and try to blitz people off the court. Nene could be their big bodied rebounder for transition offense, and he could just turn and outlet pass to either Iverson or Mo, running down the court with each other and with Kenyon Martin and Carmelo. Just a thought.
Unfortunately I don't know what they'd be willing to give us for Mo (perhaps not much considering what they just traded Camby for) but that is for a different thread. I'm just giving an example. Denver has options. It isn't as simple as Denver just getting a future 2nd round pick in exchange for Camby. They have flexibility to continue that transaction via their non-simultaneous TPE or to allow themselves some or all of the savings they could choose to enjoy.
DrugBust wrote:After this offseason I don't ever again want to be told that cap space and/or large expiring contracts are useless in Milwaukee.
What you say absolutely has merit.
However, in this specific instance, it isn't like we didn't have the means to acquire Camby if all it would have taken would have been expiring contracts. Villanueva+Dez for Camby would have been an allowable trade if the Nuggets had been interested. I would imagine the scenario with the Clippers was more appealing to them, for reasons I outlined above. But then again, maybe they would have rather had Villanueva and Dez, I don't know for sure.
paul wrote:WEFFPIM wrote:If any team needed to make this move, it was the Clippers.
Or perhaps the Bucks.... One could argue that Camby would have been an inspired choice to fill out our roster - all defense with no offense, athletic enough to play the 4 beside Bogut's 5. I'm amazed there weren't better offers than this on the table - even just a future first.
As I outlined, a future 1st wouldn't necessarily have been more to the Nuggets liking, considering the cost associated with how they would have had to acquire it.
The Clippers were in a unique position to absorb Camby's salary without the Nuggets having to take back salary from them.
By doing this trade, the Nuggets generated a $10.1 mil TPE.
They have the flexibility to use none, some, or all of that to acquire a different player or players in a trade or trades, without having to limit themselves to the Clippers roster or to trying to immediately incorporate another team or team into a trade. They have time, they have flexibility.
trwi7 wrote:DrugBust wrote:After this offseason I don't ever again want to be told that cap space and/or large expiring contracts are useless in Milwaukee.
Yep. I believe that Shawn Marion trade that Kohl wouldn't let Harris do last year involved taking on more salary than we were giving up because of the cap space we had.
Correct.
MartyConlonOnTheRun wrote:Talked to a guy from the nuggets today and he said the Bucks were very interested in Camby (obviously) and they gave the nuggets a list of players including CB, DG, Mason, and pick (not an offer but throwing names to see if the nuggets were interested in anyone). Obviously, the Nuggets wanted just to save money and werent interested.
As for being a Nuggets fan, can you blame the owner. He spent luxury tax money the past few years and got nothing. This trade saved him close to 40m, even though they are still over the cap.
It really isn't yet possible to determine how much they will actually save. That depends on what else they choose to do. They can save as much as ~$22 mil this season if they limit themselves to filling out their roster with a handful of minimum salary players.
And then next season, how much they save besides Camby's actual salary really depends on what they do with subsequent transactions, unrestricted free agent Allen Iverson in particular.