Interesting that they waived Ellington. His salary, according to every site I go to, is guaranteed. So were still responsible for his 2.5/2.7 mil salary until someone picks him up and signs him. However, that leaves us with only 12 guaranteed contracts if I have my dollar signs all in a row. I believe the only player on an unguarnateed contract that has an automatic ticket into the regular season is Moreland. Not saying he couldn't totally screw it up at training camp and the exhibition season, but its unlikely. We now have enough room under the hard cap where we could use our trade exception. However, that wouldn't work in any attempt to acquire Josh Smith. As pointed out, you can split up the trade exception, but you can't combine it.
One has to believe, well, you don't have to believe, but it would appear that this current activity is a prequel to a bigger deal. I doubt that they're clearing space just for the sake of clearing space. Not that saving a few extra bucks for the beer kitty isn't important, I just don't think that's at the top of the priority list. I doubt that Rondo is in the picture, however, next seasons unrestricted freeagent list is going to be a very good one, and while you'd hate to see whomever you trade for just walk away, the upside is that it leaves you a player in a talent rich freeagent market. Of course there are no guarantee's there, but its better to be a player with a lot of money, than to be a window shopper. One thing is for sure. The Kings are going to be an entirely different team this coming season. Doesn't mean that they'll be a better team, but for a while at least, they'll be more interesting. More thoughts on that after the roster is set.
By the way, I found it interesting, and amusing that anyone would actually argue over Casspi and Gee. Does anyone really think that the future success of the Kings, will in any way depend on either of them? Just seems like a lot of wasted energy to me. But hey, enjoy!