It occurred to me that Bogans didn’t need to be signed for 5+ million dollars in the Brooklyn trade. The personnel changing hands were Pierce, Garnett, Jason Terry and D.J. White to Brooklyn for forwards Gerald Wallace and Kris Humphries, guard/forward Keith Bogans , guard MarShon Brooks, forward Kris Joseph. I have taken their 2014 salaries from Shamsports year 2012-13 and 2013-14 to arrive at the following numbers.
With Brooklyn’s outlay they could have taken back more than $37.4M. Since the Boston salaries times the 1.25 multiplier yields around $27.2M, Brooklyn only ‘needed” Bogans to agree to sign-and-trade for about $2.7M.
Which leaves me wondering whether Bogans pushed for the additional amount, or did Danny want the higher figure, and the higher TPE.
Humphries 12,000,000
Wallace 10,105,855
Bogans 5,058,198
Gomes 509,479
Brooks 1,210,080
Joseph 788,872
-----------------------------
29,872,484 * 1.25 = 37,340,605
Pierce 15,333,334
Garnett 12,433,735
Terry 5,225,000
White 1,027,424
-------------------------------
34,019,493 / 1.25 = 27,215,594
The actual deal went down as a three trade series, Included but not noted above was the $400K kicker in trading Terry. The trade danced with the Celtics dipping below the tax line, and pushing as much as possible into the Pierce deal, hence the rather large Traded Player Exception. In researching for this piece, I ran across a great read--try it if this dazzling volley of GM legerdemain piques your curiosity: http://www.reddit.com/r/nba/comments/1igbmp/explaining_the_celticsnets_trade_in_1000_easy/
Only 34 more days until training camp.
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Bogans received a raise greater than 20% which made him a base year compensation player. As such - his outgoing salary was worth 50% of his first year of his contract.
ReplyDeleteSo for the Nets it would be roughly $2.5 mil while Bogans received twice that at about $5.0 mil
In other words - the answer to the question is no - Bogans was not paid more than what was needed
ReplyDeleteThanks Eric. I'm pretty sure that Capologist should be considered post-Doc work!
ReplyDelete