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Old 07-21-2004, 10:22 AM   #1 (permalink)
Ed O
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NVE's contract: the hidden value?

I was wondering, and I need to rely on some cap experts to help me out here, whether NVE's REAL value to the Blazers is his contract situation.

What do I mean? I've read the following things over the past couple of days:

-- there's a team option for another year of NVE
-- the option is not guaranteed money (waived for Cuban when NVE went to Dallas)

IF these two things are true, is it possible that Portland will be able to pick up the option and trade his non-guaranteed deal this time next summer? Teams LOVE non-guaranteed contracts more than they love expiring contracts, because it allows them to move money off their cap immediately.

Has anyone else seen this or thought about this? SCBF: assuming these two bullets aboce are true, could Portland move him after picking up his option?

Ed O.
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Old 07-21-2004, 10:26 AM   #2 (permalink)
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FWIW, just to chime-in, I was pleased when I read this about Nick:

From: PDX Columbian

Quote:
"He wants to win," agent Tony Dutt said. "People want to attack his character. ... He played on a bad knee when he wasn't ready last year. He wants to win, and he wants to win now."

Nash spoke to Van Exel (with the Warriors' permission) and Dutt prior to the trade.

"He indicated he'd like to be in Portland," Nash said. "We were a team he wanted to come to."

Van Exel is due to earn $11.8 million in the last guaranted year of his contract; he gave up a $12.7 million guarantee for 2005-06 to facilitate the trade from Denver to Dallas in February 2002.

"He did it against my blessing," Dutt said. "But winning came first. That told me something about him."
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Old 07-21-2004, 10:30 AM   #3 (permalink)
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I like your thinking Ed, BUT: the value he gains in trade is lost instantly in cap space. So in effect, we just lost a chunk of cap space. (But then again, were we going to be below the cap anyway?)

Thinking about it, I guess this is pretty good - but if only we could've had it THIS year, when New Jersey is having a fire sale.

Hey - on that note, I know NVE can't be bundled with another player if we trade him now, but can he be bundled with goodies like draft picks and money?
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Old 07-21-2004, 11:22 AM   #4 (permalink)
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Re: NVE's contract: the hidden value?

Quote:
Originally posted by <b>Ed O</b>!
I was wondering, and I need to rely on some cap experts to help me out here, whether NVE's REAL value to the Blazers is his contract situation.

What do I mean? I've read the following things over the past couple of days:

-- there's a team option for another year of NVE
-- the option is not guaranteed money (waived for Cuban when NVE went to Dallas)

IF these two things are true, is it possible that Portland will be able to pick up the option and trade his non-guaranteed deal this time next summer? Teams LOVE non-guaranteed contracts more than they love expiring contracts, because it allows them to move money off their cap immediately.

Has anyone else seen this or thought about this? SCBF: assuming these two bullets aboce are true, could Portland move him after picking up his option?

Ed O.
Off the top of my head, I believe that reporters mean one thing that you're splitting up into two. He gave up guaranteed money BY agreeing to a team option in the last year of his contract. That was guaranteed money that is no longer guaranteed because he re-negotiated his contract to make 2005-06 a team option.

I'll look into this some more, but I've never heard of a team option that was also not guaranteed to at least some level once it was exercised.
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Old 07-21-2004, 11:32 AM   #5 (permalink)
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Ed.... why?

Does it give us an advantage? I think not. I doubt a team will give up a player more just to dump the salary instantly. And if they do, we probably do not want him anyways.

Just drop NVE off the payroll... it will benefit us more. Outside of resigning Ratliff. Renounce Damon, NVE and Rahim to the tune of $43 mil or so

Then go for Ray Allen or ? next summer
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Old 07-21-2004, 12:19 PM   #6 (permalink)
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Nick has always gave portland & cheeks props I remember a interview after that game 5 portland win
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