Tag: Chris Paul (Page 8 of 13)

Spurs dangled Tony Parker for Chris Paul?

The NBA rumor mill is in full effect and one of the more interesting tidbits I saw this fine Monday morning was that, via Hoopsworld, “league sources” are saying that the Spurs offered up Tony Parker in a bid to get Chris Paul.

The offer was immediately turned away by the Hornets.

However it is interesting to hear San Antonio would consider parting with Parker, but if it returned Chris Paul the move is easy to justify. Parker has one more season remaining on his deal worth $13.6 million and could be one of the top free agent guards in the summer of 2011.

First of all, any rumors that come from “league sources” need to be taken with a grain of salt. If true, it is interesting that the Spurs would be willing to part ways with Parker, but I think even he would understand the upside of the Spurs landing Chris Paul.

The deal wouldn’t make any sense for the Hornets as the two players’ salaries are about the same. Paul is signed through the 2011-12 season, one year longer than Parker. The downgrade wouldn’t be worth it for New Orleans.

The Hornets need to weather the storm and try to hold onto Paul. If they were ever to trade him, it should be during (or just before) the 2011-12 season. The Hornets are in a tough financial situation, but it’s of their own doing. The moves for Peja Stojakovic, Morris Peterson and James Posey simply haven’t resulted in the kind of winning the franchise was expecting. Then they traded away Tyson Chandler (whose deal expires in 2011) for Emeka Okafor (whose deal runs through 2014). This is a curious move for a team that is supposedly cash-strapped. I don’t mind the trade from a pure basketball standpoint, but fiscally it doesn’t make a lot of long term sense.

Hornets to move West?

Yesterday, we discussed the possibility of New Orleans trading Chris Paul, and now Henry Abbott of TrueHoop is bringing up the possibility of the Hornets trading David West before the February trade deadline so that they can avoid paying the luxury tax this season.

Yet the Hornets are currently $3.3 million over the tax line and remain prepared to send away Brown in a deal that brings back no guaranteed money, as seen over the summer when New Orleans felt it had to essentially donate Rasual Butler to the Los Angeles Clippers because of the tax benefits.

There is a belief among some rival executives — or perhaps it’s more accurate to call it a hope — that the Hornets will not be able to resist moving All-Star forward David West before the Feb. 18 trading deadline to ensure that they get comfortably under the tax threshold.

New Orleans’ preference would obviously be moving out player(s) from its list of veterans with contracts that stretch beyond this season. That list presumably includes Emeka Okafor, Peja Stojakovic, James Posey, Mo Peterson, Darius Songaila and Julian Wright.

West has two years left on his contract, but he’ll almost certainly terminate the final year since it’s only worth $7.5 million and he’s likely to make more than that in a new deal. If the Hornets trade West, expect Chris Paul to become very unhappy. If the team was so concerned about the luxury tax, it should have thought about that before trading for Peja Stojakovic, signing Morris Peterson and James Posey, and trading for Emeka Okafor. West’s affordable deal is obviously not the problem, but it’s movable and that might appeal to the Hornets.

I still think the team will do what it can to hold on to its nucleus and weather the financial storm. The Okafor trade was a signal that owner George Shinn is willing to spend.

Should the Hornets trade Chris Paul?

Common sense says “no.” But Bill Simmons, the self-proclaimed VP of Common Sense, says it’s not such a crazy idea after all. He has one caveat: It has to be a “Godfather”-type offer (one the Hornets couldn’t refuse).

Fake Trade 8A: Houston trades Aaron Brooks (expires in 2011) with T-Mac, Scola and Brian Cook (all expire in 2010) for Chris Paul and the Peja-Songaila-Posey cap-killing trio. Considering Houston’s deep pockets, it would have to do it — how else could the Rockets acquire a top-10 player? And New Orleans would fall under the tax (saving them about $16-17 million this year, plus another $25-30 million next year) and replace a decent chunk of Paul’s production with a Brooks/Darren Collison combo.

Fake Trade 8B: Same trade as above, only with Miami giving up three ECs (Jermaine O’Neal, Mario Chalmers and Dorell Wright) plus Michael Beasley. Not as good a deal as the Houston one. Although the thought of a Wade-Paul backcourt just made me pee on myself.

Fake Trade 8C: Cleveland deals the Shaq/Ilgauskas ECs with Jamario Moon (expiring 2011), J.J. Hickson (ditto) and Jawad Williams/Darnell Jackson (EC throw-ins) for CP3, Emeka Okafor, Peja, Peterson and Songaila. That knocks the Hornets well under this year’s tax, gets them out of $26.6 million of Peja-Songaila-Peterson in 2011 AND dumps Okafor’s monster deal ($70 million through 2014). Sure, it’s the biggest salary dump trade of all time. But shouldn’t New Orleans do the Grizzlies routine for a year or two (super-low payroll, rebuild through the draft) rather than losing $25-30 million a year to be a fringe contender these next three years? And if you’re Cleveland, don’t you have to take a risk like this to keep LeBron?

Looking at the Hornets’ cap situation, they’re not going to have any real cap flexibility until the summer of 2012, which is the same summer that Paul can opt out of the final year of his contract. The Hornets could create about $12-$13 million of cap space in 2011 if they are able to move James Posey.

The Hornets’ current dilemma is largely due to the decision to trade for Peja Stojakovic in 2006. GM Jeff Bower took a risk, thinking he’d get the Sacramento-era sharpshooting Stojakovic, one capable of spacing the court for Paul to do his work. Unfortunately, Stojakovic isn’t the scorer that he once was, and he’s such a defensive liability that it’s tough to give him big minutes. Moreover, he has a monster contract that will pay him another $14 million next season.

So do the Hornets continue to play the luxury tax for a team that doesn’t seem to be going anywhere? Unless someone wants to take on one of these big contracts, no major changes can be made until the summer of 2011, and by then West will be unsigned and about to turn 31.

The Okafor/Chandler trade was a sign that owner George Shinn isn’t afraid to spend, so I don’t see him blowing up the franchise (i.e. trading Chris Paul) to save money. He’s more likely to ride out these bad contracts, tinker around the edges, and try to create a situation to re-build around Paul in 2011 or 2012. Paul can’t opt out until 2012, and I don’t think he’ll want to leave — he has an owner who is willing to spend, but the gambles — Stojakovic, Posey, Peterson — simply haven’t worked out.

There is enough talent in New Orleans for the Hornets to be a perennial playoff team until they can ride the Stojakovic/Peterson/Posey storm out. Unless you’re in dire fiscal shape (and like I said, the Okafor trade is a sign that that’s not the case), you don’t trade away a superstar who is in the middle of his prime.

Emeka Okafor on the trading block

Sam Amick of the Sacramento Bee reports that the Kings are considering a trade involving Hornets big man Emeka Okafor.

A source with knowledge of the situation says the Kings are discussing a trade with New Orleans that would send Kenny Thomas to the Hornets and bring center Emeka Okafor to Sacramento.

The deal would be ideal for the Hornets, as Thomas’ expiring contract worth $8.7 million is just the kind of contract that would trim their enormous payroll. The question, of course, is whether the Kings see Okafor as a big man solution worth the five years and approximately $64 million left on his deal.

I don’t get the Hornets plan of attack for the last year or so. They have the best point guard in the NBA, yet instead of making a clear commitment to spend to build around him, they’re slashing salary again. The confusing thing is that they tried to slash salary last year when they negotiated a trade that sent Tyson Chandler to Oklahoma City, only the Thunder sent Chandler back after their doctors had a chance to look him over. Then they turned around this offseason and traded Chandler (who has a short, expensive contract) for Okafor (who has a long, expensive contract). So it looked like the Hornets were willing to make a long-term commitment to build a winner.

Now, after a 3-7 start that has Chris Paul sidelined for a few weeks with a sprained ankle, they’re ready to give Okafor away. What kind of signal does this send to Paul? He’s signed through 2011-12, but at what point does he become disgruntled? They’ve already traded away Chandler and fired Byron Scott, and now they’re looking to move a sure double-double guy in Okafor. He’s not worth his contract, but he’s still valuable, and if the Hornets want to get back to competitive, they could really use him manning the middle.

It’s not like jettisoning Okafor’s salary is going to give the Hornets any immediate salary cap space. They’re sitting at almost $72 M for next season and won’t have any flexibility until the summer of 2011. Paul is 24, so he has plenty of basketball left to play, but David West is 29, and by the time the Hornets have a chance to be competitive again, he might be 31 or 32 and on the decline.

This is a sad situation. The Hornets looked to be on the cusp of competing for a title a couple of seasons ago and now they’re starting a rebuilding process that looks like it’s going to take a while.

Line of the Night (11/4): Chris Paul

The Hornets have struggled early on in this season, and were 1-3 heading into a home game last night against the red-hot Mavs. Chris Paul responded with 39 points (on 14-23 shooting), seven assists, five rebounds and two steals in 45 minutes of playing time. He had the high efficiency score of the night (+41). Funny thing is, it wasn’t even his high game of the week. He posted a +42 against the Knicks on Monday.

The Hornets have two All-Star caliber players (Paul and David West) and a pretty good center (Emeka Okafor), but not much else. They need a wing or two who can knock down shots and take the pressure off of Paul and West. Peja Stojakovic and Morris Peterson are both past their prime and Julian Wright is a fine complementary player, but he’s not a shot-maker. Stephen Jackson and Rip Hamilton are reportedly available, and they’d both be a great fit in New Orleans if the Hornets are willing to take on some long-term salary to try to make a run this season.

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