Minor trade in the works, Woods requests and is granted release from his contract

I dont like Head. But I have a strange thought, I think Head will be good this coming season - Head's contract year.

I like to keep Novak too. Novak's unique shooting touch actually won a couple of games for us last season.

The Rockets dont need any 3/4. They need another backup 5, a young big 2, and a good PG if they can afford them.

 

Rockets Set to Deal?

According to multiple sources a "minor deal" is imminent for the Houston Rockets. The question that remains is who exactly is leaving Houston and where are they headed?

Joey Dorsey has not signed with the team yet and was not in uniform today for summer league play in Las Vegas. There are rumblings that he could be involved in the deal. In addition, word is the trade could also include either Steve Novak or Luther Head.

No definitive word yet on who the Rockets may be wheeling and dealing with, only that a deal is likely on the way.

Is this accurate? its got to be BS.....

 

if that's true, we might get a backup C in return.

 

Nanad Kristic would be a nice back up center.

 

Link?

I thought it was usually 30 days.

So that means we can trade Novak somewhere between today and the 30th.

 

It is illegal not to link this tar tar re re.

 

It doe seem like the Clips are ridiculously loaded at the C and PF. They have Thorton who needs minutes a F and is too big to play the wing. They have Kaman and Camby at center. So they are loaded down low and they are in serious need for a wing. But who would we give up? Are biggest weakness is at the wing too?

 

Traded Player Exception: If a team trades away a player with a higher salary than the player they acquire in return (we'll call this initial deal "Trade #1"), they receive what is called a Traded Player Exception, also known colloquially as a "Trade Exception". Teams with a trade exception have up to a year in which they can acquire more salary in other trades (Trade #2, #3, etc) than they send away, as long as the gulf in salaries for Trade #2, #3, etc are less than or equal to the difference in salary for Trade #1. This exception is particularly useful when teams trade draft picks straight-up for a player; since draft picks have no salary value, often the only way to get salaries to match is to use a trade exception, which allows trades to be made despite unbalanced salaries. It is also useful to compensate teams for losing free agents as they can do a sign and trade of that free agent to acquire a trade exception that can be used later. Note this exception is for single player trades only, though additional cash and draft picks can be part of the trade.

 

I'm pretty sure that the "multiple sources" were some posters that posted in this thread, so the rumor you read/heard just came back to where it started.

 

no trading Dorsey!

he will be a 2nd round beast!

 

Daryl Morey has openly stated that the Rockets intend to make a minor move in the next couple of weeks in order to "re-balance the roster". Jonathan Feigen of the Houston Chronicle has stated on multiple occasions that he thinks the deal would most likely be a trade of Steve Novak in exchange for a second round pick.

Well, let's explore this possibility (or, as some people "in the know" have said, this probability). Because the Rockets originally signed Novak to a three-year deal (third year being a team option) out of the MLE, the team CANNOT trade Novak for nothing using the Minimum Player Exception, even though his salary is equal to the league minimum. This means that, in order to trade Novak in exchange for only a second round pick or cash, the other team would need to have a trade exception large enough to absorb Novak's salary (of about $797,581). Here is a list of those teams (not including New Jersey, which is using its trade exception to do a S&T for Keyon Dooling):

Chicago
Cleveland
Denver
Detroit
Indiana
Minnesota
Oklahoma City
Phoenix
Sacramento
San Antonio

The Magic may also end up with a trade exception after the Dooling S&T. This means that (if no other moves are made that would generate trade exceptions to other teams) one of the above-mentioned teams would be the new home for Novak.

Chicago has Deng, Nocioni and Sefalosha at SF and Gooden and Thomas at PF. The team needs shooting, but I don't know if the Bulls have a roster spot for Steve.
Cleveland has Lebron, Wally and Pavlovic at SF and Ben Wallace and Joe Smith at PF. The Cavs could use a sweet-shooting PF option, so this is a possibility.
Denver has Melo and Kleiza at SF and Kenyon Martin at PF. Nene will probably play exclusively at C. The Nugs need frontcourt depth now, so Novak is a possibililty to go to Denver.
Detroit has Prince, Afflalo and recently drafted Walter Sharpe at SF and plenty of good PFs (Wallace, McDyess, Maxiell, Johnson). Unless Dumars makes a major trade, I don't see room for Novak here.
Indiana - too many players on the roster to add Novak without dumping another player contract.
Minnesota has plenty of Fs (Miller, Brewer, Carney, Gomes, Love, Smith), so I don't think Novak goes to the T-Wolves.
Oklahoma City doesn't need SF help with Durant, Green and Wilkins, but the PF crop (including Collison, Wilcox and D.J. White) could use a shooter if Donyell Marshall is dumped.
Phoenix could definitely use the shooting, so Novak is a possibility to feed off of Nash and Shaq.
Sacramento has too many forwards already (Artest, Garcia, Salmons, Thompson, Thomas, Moore) for Novak to add much.
San Antonio already has Matt Bonner to fill the Novak role, so he is unlikely to head west on I-10.

So, based on today's NBA landscape, if Morey is looking to move Novak now rather than closer to training camp, look for Steve to be heading to Cleveland, Denver, Oklahoma City or Phoenix.

As you can tell, I am VERY bored.

 

I can't follow your point, really, but a pick is worth $0 for salary-matching purposes, so if there are no players on the other end, they would need to have a TPE or be under the cap.

 

This sounds like Hoopsworld BS. The guy was injured for the game.

 

It is from Hoopsworld. That's why he perhaps didn't include a link.

 

read Hoothrewpoo's post. it explains what a trade exception is.

 

I know perfectly well what a TPE is. Do you know what 'superfluous' means?

 

A team doesn't get the exception if they are still under the cap, including the TPE.

Just to clear something up, there isn't "compensation" like in other sports, though I know you aren't saying that.

http://members.cox.net/lmcoon/salarycap.htm#40

 

I think we are basically on the same page. What I meant was that a team must either be under the cap (obviously, but which I neglected to mention this would include Memphis and probably Golden State and the Clippers until they use up their remaining cap space) or have a trade exception of around $797,000 (which are the teams that I mentioned).

Where I might have lost you was regarding the Minimum Player Salary Exception. This exception allows teams to trade players making the league minimum without having to take any salary in return. However, since the Rockets chose to use a portion of the MLE on Novak instead of simply signing him to a league minimum contract, the Minimum Player Salary Exception does not apply to Novak. On the flipside, the Rockets COULD trade Mike Harris (sign to a non-guaranteed minimum contract for next year) without having to take back salary.

 

OK, I had to read up on using the Minimum Salary exception in trades. According to your post, Novak was signed to a 3-year contract. A MSE deal is for 2 years, max, and if the Rockets wanted to do a 3-year deal with Novak, they couldn't use an MSE. Thus, the MSE can't be used for a trade, some time later.