What if we worked this as two separate trades and gave Charlotte some relief?
Trade #1:
Charlotte sends us Othella Harrington in exchange for our trade exception generated in the Anthony Johnson deal. Charlotte saves $2.5MM on a guy that doesn't play for them anyway; we get an expiring contract that could be part of a trade later this year and don't let the trade exception expire unused.
Trade #2:
We send some combination of players & picks to Charlotte totalling $5.925MM. This could include a sign&trade Jerry Stackhouse--strikes me as a guy MJ would love to have--or some of our younger, but expendable, prospects like Ager, R. Terry or Pops, and/or throw in a future draft pick. Or an "expiring" KVH contract. Plus you kick in $3MM cash.
$5.925MM out allows us to take back $8MM (5.925MM + 25% + 100k). Because it's a sign and trade, Wallace can get 10.5% raises--so he gets a 3-year deal worth $26.6MM. Maybe with a player option for years 4 & 5, depending how badly we want him, which could make it a 5-year, $49.3MM contract or even a 6-year, $62.5MM contract (please note I'm not necessarily advocating we pay $62.5MM to Wallace, just pointing out that we could).
Charlotte saves $2.5MM for Harrington (Jake Voskuhl works here too) and gets another $3MM cash, so whatever they get in return only costs them net around $400k. If that gets them Stackhouse, Ager, or a future first rounder, in exchange for a guy they would have lost anyway, perhaps they pull the trigger. Could also do as another poster on here suggested with the lengthy deferred money on a buyout of a created expiring contract, meaning that Charlotte would actually MAKE money on the deal.
edit: changed from 10% to 10.5% raises after re-reading Larry Coon's FAQ
Last edited by bobatundi; 07-02-2007 at 02:29 PM.
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