It counts fully towards the salary cap. If Jeffries waived his trade kicker they Rockets could have around $2.6M to play with for the rest of the season. Provided they've got that much of the MLE left. Otherwise, at around $600k under which is a guesstimate. The Rockets can sign any pro-rated min/vet min deal for the rest of the season.
Good bye Brian Cook. Although it was a short time, you did a wonderful job warming bench in a cold day for starters to rest on during the breaks. You have sacrifices your warms to keep other players' asses warm. :grin:
Actually (it just so happens I was looking into this for another reason), Jeffries is ONLY permitted to waive the minimum portion of his trade kicker necessary in order to make the trade work under the salary cap. He is actually PROHIBITED from waiving any more than that. But because McGrady's contract is so large and the total salaries changing hands so massive, the leeway to make salaries match was fairly great, meaning that the full trade kicker could easily still fit under the trade rules. (Little known, very technical fact that I just learned: Because next season is an Early Termination Option for Jeffries, his ENTIRE trade kicker applies against his cap figure for THIS season, but none of it applies against his cap figure for next year (even though he's definitely not going to opt out). Thanks to Morey's magic, the Rockets got far enough under the luxury tax threshold with the McGrady trade in order to absorb Jeffries full trade kicker amount against the cap, waive(?) Brian Cook and still probably have enough room to sign a guy to the vet minimum for the remainder of the year. And thanks to this little-known rule, Jared Jeffries's trade kicker will have no impact on the luxury tax next season.) Sorry if I'm boring anyone with this info.
I'm curious. What sources do you use to get this type of information? Is it all in the Larry Coon FAQ?
It's a pain to see him gone as we lose another big time shooter during garbage time. We'll probably be the last in the league in garbage points stats. :grin:
The Suns are probably be the first one scrambling to get him as he is the main centerpiece on the failed last minute trade attempt. They're somehow the biggest winner in the trade deadline after all. Imagine getting Cook without giving up Amare. Priceless!!
I never understood Conroy's appeal. Personally, I think Temple is the better fit. His defense helps the team because he's much taller than most point guards and is a good cutter to the basket. Conroy is a marginal NBA player at best and he's much older than Temple.
Where does Cook fit in the shrine of infamous Rockets? Pretty highly disliked for a guy who spent 99% of his time on the bench.
Yep. But that tidbit took a lot of reading and re-reading of the FAQs before I fully understood it. I also learned (well, confirmed) that the Rockets will lose Brian Cook's Bird rights this summer. He and Armstrong could have been re-signed for any amount in order to help complete a sign-and-trade. Now, only Armstrong falls within this category (other than Scola and Lowry, of course). Technically, if no one else picks up Cook for the rest of the season, and the Rockets for some reason bring him back at any point before the end of the 2010-11 season, then they will get Cook's Bird rights back at that point. I'm not necessarily saying that Conroy will be back. Just that Morey will want to weigh his options for a little while on whether to fill that roster spot and with whom. With the luxury tax flexibility that the Rockets now have, they can take their pick of any of the players recently bought out and sign one of them to the vet minimum. Or, maybe Temple does get kept. But Morey's not ready to make that decision just yet. That's all I'm saying.
