Keith Bogans to Cavs, Now Traded to Philly

[bigfoot5415]

Someone check my quick calculations here:
Cavs team salary with Bogans gone = $72,436,961
Luxury tax threshold = $76,829,000

So we can acquire $4,392,039 back in a trade using the trade exception without going over the tax line. Even less if we sign Ray Allen.

So trading for Zaza or Mozgov can't happen unless we dump someone like Amundson / Delly / Harris in a separate deal.

Seems like we're more in Mahinmi / Biyombo / Dalembert territory if we want another center.

If we acquire Mozgov then Amundson can go. Thus bringing us back below the tax by less than a mil.

C- Mozgov, Andy, TT, Kirk, Haywood
PF- Love, TT, Andy, Marion

 

[Walter White]

The press release: http://www.nba.com/cavaliers/releases/philadelphia-trade-140927

So it looks like we gave up another 2nd rounder and the one we are getting back will never be seen.

 

[Meticode]

I'm a bit confused or just slow.. is his contract non guaranteed this year or next year?

Basically the trade that sent Bogans to Philly allows the Cavaliers to be under the cap, but still be able to trade his $5 million exception as a filler in a trade even with him not on the roster, but it cannot be combined with another player (like Haywood). It basically just let's the Cavaliers have financial flexibility.

 

[shoes22]

They may be willing to go into the tax but ONLY for the right player. So the TPE instead of Bogans allowed them to free up a roster spot for someone who might actually play or be used in another deal later?

The luxury tax paying teams are not calculated and billed until the end of their season. Its one of the reasons you see some weird seemingly talent unrelated trades every year at the trade deadline. Teams who are just slightly above the tax threshold will trade an end of the bench roleplayer with a gauranteed contract for a 2nd round pick so they can dip below the tax line.

Also, and this might be the most important question for us, but can a draft pick be included with a TPE in a deal? While we might be able to get someone like ZaZa straight up for the TPE, if we're going to get Mozgoz later in the year, a sweetener in the form of a draft pick will need to be inlcuded.

I'm fairly sure the Cavs will do anything not to go over the tax line this year. Not because Gilbert is opposed to paying the tax (because from everything I've seen he gladly would), but anything we can do to delay the "repeater tax" time clock is smart financially.

 

[TheAdmin]

I'm so thrilled with this move I've decided to give away 2 tickets to the wine and gold scrimmage. All you have to do is thank this post and I'll choose a winner from the list.

(hiding this giveaway in this thread to see who is paying attention)

 

[Damage]

I'm so thrilled with this move I've decided to give away 2 tickets to the wine and gold scrimmage. All you have to do is thank this post and I'll choose a winner from the list.

(hiding this giveaway in this thread to see who is paying attention)

Last time I won something I was in 3rd grade and it was a goldfish. It died 3 days later. Don't kill this one

 

[TheAdmin]

Picking a winner in 15 minutes. Also giving a pair away on twitter... two chances to win.

 

[MirORich]

Picking a winner in 15 minutes. Also giving a pair away on twitter... two chances to win.

I liked the thread because I'm still in euphoric trigger happy like everything mode brought on my Media day. I'm also in California so don't pick me.

 

[bigfoot5415]

If we can stay under the cap, we can still flip Haywood for $15 mil next offseason.


Larry Sanders come on down.

 

[PriceFan14]

Picking a winner in 15 minutes. Also giving a pair away on twitter... two chances to win.

I'm in Turkey, so don't pick me man

 

[TheAdmin]

Garland1 has won the tickets. Please DM me your flashseats info.

 

[Cavsengland]

 

[David.]

i won a turtle shaped pencil sharpener in a raffle in 2nd grade and got taxed on it. please let me win something in my life

 

[wuck]

Here's the text from the press release link listed earlier.

Cavs Complete Trade with Philadelphia

CLEVELAND, OH – The Cleveland Cavaliers have acquired Philadelphia’s 2015 second round pick (protected) in exchange for guard Keith Bogans and the Cavs 2018 second round pick in a trade with the 76ers, General Manager David Griffin announced today from Cleveland Clinic Courts.

As a result of the trade, the Cavs will receive a trade exception of approximately $5.3 million.

The 76ers pick acquired in the trade is 31-50 and 56-60 protected, if such pick is not conveyed to the Boston Celtics to satisfy a prior trade between Philadelphia and Boston.

 

[wuck]

So we can acquire $4,392,039 back in a trade using the trade exception without going over the tax line. Even less if we sign Ray Allen.

Edited after reading Ben's message.

The TPE cuts down some options because it can't be aggregated, but it lasts for a year, so it could be used before the trade deadline or next summer. The Cavs don't have to use it before this trade deadline.

Our second-round picks are like jellybeans on Halloween.