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Buy Out T-Mac

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by Seth, May 27, 2009.

  1. Seth

    Seth Member

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    Is it possible to buy out T-Mac for about 10-15 million dollars??

    I mean, is good both ways, he has a chance to prove himself in a weak team (what he does best) and is likely to receive a big payday in 2010.
    And by that we will be saving as much as 13 millions that we could spend, plus he is far from the team and can let them compete in peace.

    If he knew that he was going to get no playing time here, it would be really hard for him to get another contract, given his history of injuries, he would be most likely retired.

    Not to say that he would be leaving the organization with the likeness of many fans if he would be willing to give up some money to help "his team" as he said, a thing that the rox well deserve of him because the they were always very patient on him.

    It´s just a dream scenario, i don´t expect T-Mac to give up a single penny, and i think he will also be b****ing for playing time and playing "it´s on me" ball.
     
  2. justtxyank

    justtxyank Member

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    No. Buying him out only saves the team money in real dollars, not in salary cap terms. He counts against the team's cap under every single circumstance in which he remains with the team and is not declared medically unable to play basketball. (Even then he counts but there is credit awarded)

    Edit: Basically you'd get rid of T-Mac the potential player for you AND T-Mac the potential trade asset and you'd do nothing but save the owner some money that he couldn't spend on the team.
     
  3. tim562

    tim562 Member

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    Don't think the rockets want to do that...
     
  4. Seth

    Seth Member

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    Ohh too bad, i thought he counted against the cap for the ammount he was bought out.
     
  5. BimaThug

    BimaThug Resident Capologist
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    Actually, a buyout DOES help the Rockets in terms of salary cap and luxury tax. However, there is NO WAY that T-Mac leaves $8-13M on the table, especially when he's not even playing or practicing with the team. He's rehabbing, which (if he ever wants to play basketball or any other sport ever again) is something he'd have to be doing right now anyway.

    Plus, the Rockets don't want to foreclose any chance of pulling off a major trade between now and the February trade deadline. And, if T-Mac were able to come back healthy, he could still provide the team with an asset much more valuable than the savings from any buyout to which T-Mac would ever agree (which isn't going to be for $10-15M, I'll tell you that).
     
  6. TMac4Life#1

    TMac4Life#1 Member

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    LOL who would buy out an expiring contract?? I never heard of that. :D
     
  7. SamCassell

    SamCassell Member

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    Call him greedy or whatever, but there's no chance that you would give up $10+ million if you had the choice. That would be stupid on his part, especially coming off an injury. This could be the last big contract he gets, if he doesn't come back 100%.
     
  8. BimaThug

    BimaThug Resident Capologist
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    It happens all the time. Teams (especially those near or over the luxury tax) agree to buy out a player entering the last year of his contract for an amount less than his salary for that season. Usually, the buyout amount is fairly close to the actual salary figure. If the team has no interest in playing the player that season, it reaps the benefit of several hundreds of thousands in savings (or double, if the team is over the luxury tax threshold), and the player is free to sign elsewhere.

    In fact, most buyouts you hear about are of players with "expiring" contracts. You rarely see a player with more than one season remaining on his contract bought out.
     
  9. TreeRollins

    TreeRollins Member

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    Isn't insurance going to pay a good amount of T-Mac's salary if he is sitting out injured next season? If so, it probably doesn't make sense for the Rockets to do this.
     
  10. Rocket86

    Rocket86 Member

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    Might as well keep Tmac. His salary still counts against the team's cap room. If they insist on getting rid of him, they should just try to trade him. Atleast, they would get a player back that would probably help. Buying him out means nothing back while still having a bloated salary.
     
  11. kaleidosky

    kaleidosky Member

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    exactly. he's a huge trade chip and you want to throw it away?
     
  12. RMGEEGEE

    RMGEEGEE Member

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    Well... He said that he wanted to stay in Houston recently...
    And Morey did state that "McGrady is part of the equation".
    So.. How about instead of rushing to trade/get rid of him; how about giving the damn guy a chance?
    Believe it or not, he can carry us over the hump(IF HEALTHY).
     
    1 person likes this.
  13. DaDakota

    DaDakota Balance wins
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    Not a good idea right now, but if he is not traded by the trade deadline and is not playing or able to come back.

    Then it would be wise...

    DD

    PS "Part of the equation" = trading him for some talent upgrade.....
     
  14. LabMouse

    LabMouse Member

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    Tmac will get $23M next year, I do not think he will accept a buy-out for about 10-15 million dollars. Furthermore, we do not get much cap release either, so this option is not good one. The best wish is that he can still play.
     
  15. RMGEEGEE

    RMGEEGEE Member

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    Well.. We can all go back to midseason where Les Alexander said that he didn't want to trade McGrady because he doesn't want to give up a superstar... because it's very difficult to come across another one.
     
  16. choujie

    choujie Member

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    Look at how Turkoglu breaks defense down and get teammates open looks.

    A healthy Tmac does way better than Turkoglu at creating those shots.
     
  17. DaDakota

    DaDakota Balance wins
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    So, if he is not healthy, you would be ok with letting him go?

    Because, uh...that is where we are right now, you know.

    DD
     
  18. KingLeoric

    KingLeoric Member

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    Time to move on!
     
  19. Sweet Lou 4 2

    Sweet Lou 4 2 Member

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    If he doesn't get healthy by Feb, I think his career is over. The real question is which T-mac will emerge from all of this. Will it be a resemblence of who he is, or is that gone forever.

    No one knows the answer to that.
     
  20. DaDakota

    DaDakota Balance wins
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    Which is why the team strikes now while there is still some hope for him.....get what you can, pilfer from the weak.....

    DD
     

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