Done Deal - Bulls and Kings - Salmons and Miller Traded

[kennadog]

This deal is completely financial. It also makes us a serious player in the 2009 Free Agent market, so we basically used John Salmons to free up some capspace THIS summer rather than in 2010.

According to Shamsports:

Our cap figure this year is at 69.99 million

Subtract SAR's 6.2M cap figure and it is at 63.79 M

Subtract BJax (6.49M) and Shelden (3.4M) expiring deals and it is at 53.9M

Mikki Moore has a prenegotiated buyout at 2M, leaving you with 50.11 M

Subtract Brad Miller's deal (11.38M) and Salmons' deal (5.1M) and you're left with 33.63M

Nocioni will be the only guy still on the cap next year, so you add his 8M contract and your final figure is 41.63M

Just as a reference point, last year's Salary Cap was 58.68M. 17M of capspace, and that without regarding that the NBA raises the Salary Cap each year.

So, in conclusion, this is our summer to sign a big name free agent. Especially without the kind of competition you will get in 2010. Either the Maloofs sit on that cap number, fat and happy, or they let Geoff go after a Free Agent (hopefully more along the lines of Ramon Sessions or Marvin Williams, rather than the Odom or Bibby types).

Wrong. The salary cap and luxury tax cap are based on revenues, which is quite a bit down this year. The NBA just borrowed money so they could loan up to 11.66 million apiece to 15 teams right now, just so they can actually keep operating this year. Over half the league's teams are expected to lose money this year.

The salary cap and luxury tax cap are almost guaranteed to go down next year. That's why so many teams were trying to unload contracts or at least not take any longer term contracts back.

Who knows when the revenues bounce back and salary cap/luxury tax caps stop going down. A real problem when most players contracts are guaranteed to go up each year. At least Nocioni's drops each year. About the only positive there.

 

[wonjaeyou]

Just wait until Petrie offers Gooden the MLE next year after being SO PRODUCTIVE in all those minutes he'll play in the next two months.

I really think that is possible. Petrie always wanted Gooden. He's not that old,too. If Gooden plays well this season, GP will use another MLE on a piece of ****.

 

[nbrans]

$46M is right if Mikki's buyout counts against the cap. I have no idea, but I might imagine that a buyout wouldn't count - in that case we'd get another $2M in space. Either way, somewhere between $6-10M, which might be enough to pry Sessions away from Milwaukee, but I don't imagine we could do much else with it...Certainly not Boozer, probably not Hedo...

That $46 I mentioned included $2 million for the guaranteed portion of Mikki's deal, so it assumes we waive him. If we keep him on the roster you'd have to add almost $4 million more.

 

[bloom]

We just released Sam C. and Quincy Douby. Anybody think that Portland might pick Quincy up after the deadline (if they have a spot available)?

 

[PurpleHaze]

Yes but it saves over 10 million this coming year. That is 10 million dollars. It is a big difference

I agree. I like Noc no more or no less than Salmons and his contract is better for Kings overall than John. Miller with his HUGE contract had to go for a bag of skunk weed or whatever was out there. Noc might be another piece the Kings could move alone or with other players this off season. Thus, this deal is ALL about saving $$ and more to come it would seem. All I hope is GP is making these calls as THE President of Basketball Operations and not because the Maloofs are having a fire sale as a result of their own constant miscalculations and deepening financial woes.

 

[Kingzrool]

275 posts. I am not going to read them all, but from the cross section, most of you are negative Nancies. Geez, don't jump off a bridge or anything. Nocioni is not that bad and his diminishing contract is a plus.

This trade is KR approved.

 

[Elektrik]

So what is the Kings roster now (Before waiving anyone)

PG: Beno, Bjax, BBrown, Cassell
SG: Martin, Cisco, Douby
SF: Nocioni, Greene
PF: JT, Gooden, Diogu, Simmons, Moore, K9, Sheldon
C: Hawes

Please, oh, please may another trade go down... either Beno or any of K9, Moore, or Sheldon (though Sheldon is expiring, it would be odd).

Oh my God! 7 freaking power forwards....and Kenny Thomas is still here.

 

[Gary]

Just wait until Petrie offers Gooden the MLE next year after being SO PRODUCTIVE in all those minutes he'll play in the next two months.

Been saying that all day.. I am worried that if JT were to slump a bit Gooden would get the starting nod, and put up numbers like he did last year after being traded to Chicago. I believe in his starts he was a double double machine with more than a block a game.

If he were to do this I believe that Petrie will offer him something in the range of 8mil/year.. Let's hope he would pull a Bonzi Wells on us.. Petrie offered contracts to Beno, and Bonzi in contract years when they overperformed.. I just hope Petrie isn't going to fall for it this time Because I can see Gooden putting up double doubles in a starting role.

 

[AleksandarN]

people think we could of gotten a better deal are delusional. Given our owners desire to cut costs and given the finanical situation facing owners around the league we got the best deal Petrie could find.

 

[bloom]

Been saying that all day.. I am worried that if JT were to slump a bit Gooden would get the starting nod, and put up numbers like he did last year after being traded to Chicago. I believe in his starts he was a double double machine with more than a block a game.

If he were to do this I believe that Petrie will offer him something in the range of 8mil/year.. Let's hope he would pull a Bonzi Wells on us.. Petrie offered contracts to Beno, and Bonzi in contract years when they overperformed.. I just hope Petrie isn't going to fall for it this time Because I can see Gooden putting up double doubles in a starting role.

We're trying to save money not add to our payroll, maybe we won't sign him. Think positive.

 

[BRad1055]

Grant said that the last year of nocionis deal is the teams option. So his contrct in actuality is not a year longer than salmons if the team choses.

 

[Löwenherz]

I'm not mad. I like Nocioni. He'll be great in the playoffs, just you wait...

[yt=Cliche, But Hard To Resist]p3-eavMSBnk[/yt]

I'm fine with cost cutting measures, but this doesn't seem to be good at that either, considering Nocioni's contract and my overwhelming fear GP's prized Gooden will wind up with a long term deal.

I'm holding out my audacious hope that this is act one of a two act play and an extra pick is coming by the deadline tomorrow.

 

[Gary]

We're trying to save money not add to our payroll, maybe we won't sign him. Think positive.

I hope not because you know how Gooden did after being traded to the Bulls, and I think Natt is so clueless that he might even try to start him.

We know that Petrie has tried to trade for Gooden a few times, so if he were to over perform here don't you think Petrie might try to offer him something in the summer? Of course after he get's his 6 year 50mil contract he will go back to his 13ppg 7rpg 0.5bpg type play and we will have another untradeable player...

 

[Arby's Roast Beef]

If there's one thing I'm forgetting to mention, I am simply bewildered, and quite frankly amazed, at the frequency at which Petrie picks up those undersized big men. Ike Diogu a 6'8" PF with limited athleticism, Cedric Simmons very average 6'9" PF/C, Nocioni a 6'7" SF/PF, and Drew Gooden a 6'10" PF/C (he will be forced to play center for us if he makes it onto the court). Combine this with 6'7" PF KT, 6'9" C/PF Williams, and man, that, is one gigantic group of undersized tweener bigs with limited or horribly average athleticism. Truly amazing. And let's not forget the days of Shareef and Corliss just a while back too.

 

[nbrans]

Grant said that the last year of nocionis deal is the teams option. So his contrct in actuality is not a year longer than salmons if the team choses.

No, even without counting the team option year it's still a year longer.

 

[bench_blob]

Let's get back on track, there's still 18 more hours for us to lighten our payroll, er, make a trade to improve the club.

Why am I the only one LOVING today?

No more Salmons!

No More Douby (WAIVED)! Best Buy is HIRING!

No More Miller!

CHANGE IS GOOD, Kings fans. We have won 11 games this year. Flush it all down the drain.

Today is not an indictment on Geoff Petrie, it is a reality check.

Positives:
If Hawes is not the starting center of the future, we will know in the next 30 games. His development will be accelerated or his deficiencies further exposed.

Guess what, K-Mart? You are our now veteran leader. For once start acting like one.

More ping pong balls. A Top 3 pick is a lot better than picking #6 or #7 when you have the worst talent base in the NBA. This team needs stars and impact players. Today was a step in that direction via more lotto balls.

Play like you care. Did Miller care? No, he was whiny crybaby, as displayed on KHTK all too briefly!!!! Did Salmons care? Yes, about his stat line. Noccioni will hustle scrap and dive and find the open man. Kings players don't do that. He can.

2010 free agent bonanza is a fallacy. The whole idea of strategizing and positioning with innumerable variables is asking for trouble. Wade and Bosh and LeBron and Kobe don't want to play here. So you sign a lesser player and then expect to beat teams with said players???

I applaud today's move as a acknowledgement we are going nowhere and our 'assets' are in fact not assets, but liabilities and should be treated as such. i.e. disposed of.

 

[PurpleHaze]

No, even without counting the team option year it's still a year longer.

But isn't the total $$ of the two contracts remaining about the same or close?

 

[Mr. S£im Citrus]

Guess what, K-Mart? You are our now veteran leader. For once start acting like one.

Egad...

 

[6th]

Since I am just joining in, there's no way I am reading 14 pages of opinions/rants/etc. So, I'll give my reason for grading the trade as a C.

I wanted to trade Brad (only because we had to) and John and I wanted expirings. So far, I'm at an A. Dropped it to a B because 2 of the 3 aren't very large contracts to have expire, and I worry Petrie will over-pay to keep someone (read: Gooden). Finally, decided on a C because we go a long term contract in Nocioni and he's not good enough, any longer, to have to pay him for 4 more years.

Having said all that, if Geoff lets all 3 contracts expire (and we have roster spots to pick up more youth); if Natt continues to play our young guys; and, if he finds a way to trade Nocioni in the next year or so, then I will look back at this while reserving the right to change my grade to an A.

 

[hrdboild]

people think we could of gotten a better are delusional. Given our owners desire to cut costs and given the finanical situation facing owners around the league we got the best deal Petrie could find.

That's just it. I think we're all resigned that this is the best we could have done "given our owners and our GM" and that's precisely what is so disappointing because this was just one trade, but the owners and GM don't appear to be changing any time soon so we can reasonably expect more of the same in the future.

"Given the financial situation facing owners around the league" we should be able to get a bigger return than usual if we're just willing to take on a little extra salary this season or next so some other owner doesn't have to pay the luxury tax. Unfortunately, we can't take advantage of other owners because our owners are apparently just as desperate. It's just...disappointing.

 

[bloom]

I hope not because you know how Gooden did after being traded to the Bulls, and I think Natt is so clueless that he might even try to start him.

We know that Petrie has tried to trade for Gooden a few times, so if he were to over perform here don't you think Petrie might try to offer him something in the summer? Of course after he get's his 6 year 50mil contract he will go back to his 13ppg 7rpg 0.5bpg type play and we will have another untradeable player...

I'm trying to think of the other side. lol..I don't like gooden. Never liked that the Cavs were offering him to us and I don't like that we picked him up. But I hope at least in this situation that because whoever (Maloofs, Petrie, Both) keeps wanting expiring contracts that this will be just that - a guy that plays until the end of the year and leaves. Let someone else offer him a 60 million/year deal.

 

[Bballkingsrock]

Since I am just joining in, there's no way I am reading 14 pages of opinions/rants/etc. So, I'll give my reason for grading the trade as a C.

I wanted to trade Brad (only because we had to) and John and I wanted expirings. So far, I'm at an A. Dropped it to a B because 2 of the 3 aren't very large contracts to have expire, and I worry Petrie will over-pay to keep someone (read: Gooden). Finally, decided on a C because we go a long term contract in Nocioni and he's not good enough, any longer, to have to pay him for 4 more years.

Having said all that, if Geoff lets all 3 contracts expire (and we have roster spots to pick up more youth); if Natt continues to play our young guys; and, if he finds a way to trade Nocioni in the next year or so, then I will look back at this while reserving the right to change my grade to an A.

A lot of IFs to get to get A....

 

[KingsCitizen]

This deal is completely financial. It also makes us a serious player in the 2009 Free Agent market, so we basically used John Salmons to free up some capspace THIS summer rather than in 2010.

According to Shamsports:

Our cap figure this year is at 69.99 million

Subtract SAR's 6.2M cap figure and it is at 63.79 M

Subtract BJax (6.49M) and Shelden (3.4M) expiring deals and it is at 53.9M

Mikki Moore has a prenegotiated buyout at 2M, leaving you with 50.11 M

Subtract Brad Miller's deal (11.38M) and Salmons' deal (5.1M) and you're left with 33.63M

Nocioni will be the only guy still on the cap next year, so you add his 8M contract and your final figure is 41.63M

Just as a reference point, last year's Salary Cap was 58.68M. 17M of capspace, and that without regarding that the NBA raises the Salary Cap each year.

So, in conclusion, this is our summer to sign a big name free agent. Especially without the kind of competition you will get in 2010. Either the Maloofs sit on that cap number, fat and happy, or they let Geoff go after a Free Agent (hopefully more along the lines of Ramon Sessions or Marvin Williams, rather than the Odom or Bibby types).

After the Chicago trade, Hopeshype have the Kings payroll at 66.3M for 2010.
By dropping options of Williams(4.3M), Douby(2.2M), Simmons(2.6M), Brown(.7), Diogu(4M). It'll just be 52.5M.
Plus possibility of Moore buyout only 2M guaranteed. It'll be 48.5M
The tricky part might be Reef 6.6M. If league accepts exclusion. It'll leave us to just 41.9M

That's serious 2009 FA contender.

 

[Bballkingsrock]

After the Chicago trade, Hopeshype have the Kings payroll at 66.3M for 2010.
By dropping options of Williams(4.3M), Douby(2.2M), Simmons(2.6M), Brown(.7), Diogu(4M). It'll just be 52.5M.
Plus possibility of Moore buyout only 2M guaranteed. It'll be 48.5M
The tricky part might be Reef 6.6M. If league accepts exclusion. It'll leave us to just 41.9M

That's serious 2009 FA contender.

I definastely like what I just read and I have feeling Kings resign Diogu ( I think he can be like a Glen Davis player) and the twio rookie will be like 4 million total so add 6 million and Kings will have around 12-14 million cap space. Not bad.

 

[Fresno King]

I would rather have Dwight Gooden, Andre The Giant, Ike Turner and Cedric The Entertainer.

 

[Starting Five]

Maybe that this was was the best deal out there. Everybody wanted Miller and Salmons gone, now there gone.

 

[kennadog]

I definastely like what I just read and I have feeling Kings resign Diogu ( I think he can be like a Glen Davis player) and the twio rookie will be like 4 million total so add 6 million and Kings will have around 12-14 million cap space. Not bad.

Everybody needs to remember the cap is going down next year.

 

[bench_blob]

I definastely like what I just read and I have feeling Kings resign Diogu ( I think he can be like a Glen Davis player) and the twio rookie will be like 4 million total so add 6 million and Kings will have around 12-14 million cap space. Not bad.

Why would we resign Ike Diogu? He hasn't proving anything career to date. Yeah, let's give him a chance, but to me he's the second coming of Shelden Williams until proven otherwise.

Who are the good 2009 Free Agents? Someone help me here.

OK found the list, players worth acquiring include:

Danny Granger, Pacers

David Lee, Knicks

Linas Kleiza, Nuggets

Carlos Boozer, Jazz (PO)

 

[asakkings]

I think maloofs might just sit on that cap space because they have been losing so much money on everything.

 

[Gary]

Maybe that this was was the best deal out there. Everybody wanted Miller and Salmons gone, now there gone.

Not everyone wanted them gone for nothing.. It was either picks or expiring contracts.. I wish people would stop saying "well you got your wish, they are gone". It's not true. I wanted them gone but not for nothing. As i said earlier before the trade happened that I want them gone, but woudl rather keep them if we weren't going to get picks or all expiring contracts.