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Omer Asik Trade. Rumors, Tweets and Updates. (Deadline Dec 20th)

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by TheDr34m, Dec 14, 2013.

  1. Sadat X

    Sadat X Member

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    Les bought the Rockets for 85 Million and it is now worth an estimated 500+ Million. There is no "feeling sorry" for Les over a 15 million dollar gamble/loss whatever you want to call the Asik situation. Plus we replaced him with the best C in the league right now.
     
    1 person likes this.
  2. Clutch

    Clutch Administrator
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    Just seems silly when it averages out to a total salary ($11ish million or so) that Asik could still very well be worth. I would think the Rockets would throw in $1.2 million in cash as well.

    This, by the way, is another area where Royce White screwed the Rockets. They had to use almost $2 million of their $3 million annual limit of cash being sent out in trades just to unload him, so just over $1 million is all they have left this year. I still think Asik gets traded and the Rockets include the rest of this year's cash. If the Rockets trade Jeremy Lin in the offseason or by next year's deadline, I would think they would use the full $3+ million available then.
     
  3. desihooper

    desihooper Member
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    In a 3-team trade, can one team receive cash considerations from the two other teams? If so, maybe that would help offset the balloon payment.
     
  4. Clutch

    Clutch Administrator
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    Good question. According to the CBA, there is a limit for the amount you can send out and for the amount you can receive.

    http://www.cbafaq.com/salarycap.htm#Q95

    I assume if the receiving team has not received cash yet and the "third team" has $1.8 million available to send out, then the receiving team could get $3 million in a three-team deal.
     
  5. dobro1229

    dobro1229 Member

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    Says the GM who either is playing hardball to try to get Asik and wants Morey to lower his asking price by trying to encourage the market to lower value on Asik.

    Or the GM who just has no idea what he's doing, doesn't understand the salary & contracts, and has an owner who has no patience to listen to what his GM has to say about why or why not you should acquire Asik.

    First-

    Asik is NOT an 8 million dollar a year center.

    Veteran Centers signed to new contracts as a starter-(non-rookie contracts & non-superstar level contracts)

    -Tyson Chandler- 14.1 million a year
    -Joakim Noah- 12 million
    -Roy Hibbert - 14 mil
    -Gortat- 7 mil
    -Perkins-8.4
    -Bogut- 14.2
    -Pekovic-12.1
    -McGee-10.75
    -Splitter- 10
    -Varejao- 9.1
    -Jefferson- 13.5
    -Sanders- 11
    -Asik-8.4

    -Average Salary = $11.11 million a year

    So what any knowledgeable GM would tell their owner is this... Look, we have a trade-off here. If we trade for him this summer with only the last year left on his deal, we are essentially getting a discount on our salary cap hit for which we have to pay an additional 4 million dollars in actual salary. This gives us the opportunity to get a discount at one position to upgrade other positions on our roster with the additional cap space. The trade off is we have to pay 4 million dollars over market value in actual payment.

    HOWEVER... IF WE MAKE THE DEAL NOW... (meaning before the trade deadline) that number between market and real payment actually decreases since THIS YEAR he's UNDERPAID BY 6 MILLION DOLLARS!!!!! If you spread that number evenly between this year and next, you really are only overpaying him slightly over a million a year in actual payment that hits his checking account... and that number is arguable given how he compares in Youth, and upgrades from your average run of the mill veteran centers as well.

    So is the Asik contract bad.... NO if traded for before the February deadline. Is it hard to understand... only if you dont care to crunch numbers.
     
    3 people like this.
  6. Tfor3

    Tfor3 Member

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    hit hard,


    waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay back,


    GONE,



    GRAND SLAM!!
     
  7. BimaThug

    BimaThug Resident Capologist
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    THIS.

    It's actually quite comical. It's like nearly every writer in America forgot (or doesn't care to know) that Asik is only being paid $5,225,000 this season . . . WAYYYY below market value for a top-notch defensive starting center. And, oh yeah, it's BETTER to pay a guy his money later than it is to pay him now, so the back-loaded nature of his contract should be seen as a BENEFIT, not a deterrent. Between that and the reduced cap/tax hit, (a healthy) Asik should be worth right about what his contract currently pays him.

    Every day that goes by in which a team "on the fence" about Asik waits, the higher his (annualized) salary gets. And it's not like the Rockets will be able to throw any more cash into a trade next month than the ~$1.5 million they have available right now.

    Now, it could be that the Asik injury is holding things up, in which case I can fully understand. Teams don't want to pay that much for "damaged goods". But if the CONTRACT alone is the holdup, then the real problem may be the owners'/GMs' failure to properly evaluate Asik's contract.
     
  8. ROXTXIA

    ROXTXIA Member

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    Which shouldn't surprise anyone.
     
  9. JayZ750

    JayZ750 Member

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    Definitely agree with all of this. Which leads to some interesting questions.

    #1 - WTF is the deal with him currently? Is he injured? If not, what agent is giving him advise to not play? If he's injured, it's just another risk a team is taking when trading for him. If he isn't, it's hurting his trade value, which means it lower the likelihood of him being traded. I don't think DM trades him for peanuts, even if he refuses to play outright. Don't see DM blinking here... at least not to the extent he gives him away.

    #2 - Does this mean DM really really has to move him by the trade deadline. Because as much as we like to note otherwise, if traded in the summer, then it really is just 1 year for $15 million to an owner... despite the lower cap hit. The lower cap hit obviously helps, but then we're talking intricacies of managing cap... in which case he would also simply have value as an expiring.... though, funnily enough, not as much value as he might potentially have as an expiring, if his cap hit really was the full $15 million. Point being, the analysis seems to change entirely if he makes it past this year's trade deadline.

    So are where we started? Asik may be kind of injured, but not fully, and DM has to trade him this year, but other GMs know that, and combined with Asik's pouting, he has little trade value, and DM won't give him up for nothing again?

    The only thing that changes is the playoff and tank picture is a little more set come Feb. 20th... and maybe a Cleveland, Charlotte, Portland, etc. might be willing to give up a little bit more than they previously were...
     
  10. Chamillionaire

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    If he plays 82 games starters minutes and gives full effort, he's worth every penny of that 15 million dollars.
     
  11. Carl Herrera

    Carl Herrera Member

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    The Asik situation seems like a game of poker me. Everyone is posturing and trying not to flinch. This goes for both the Rockets and the other teams involved.

    We'll see what everyone's bottom line is come February 20th.
     
  12. JayZ750

    JayZ750 Member

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    What's Asik playing?

    Doesn't seem to be helping his hand much at the moment.
     
  13. Francis3422

    Francis3422 Member

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    Agree with CH. I think to some degree the other teams in the league didn't buy into the Dec 19 deadline. I do think we will receive a decent offer come Feb 20.

    Shooting/Perimeter defense/Defensive rebounding. Hopefully we address at least 2 of 3.
     
  14. jim1961

    jim1961 Member

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    Not sure anyone is winning this hand at the moment.
     
  15. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    Sadly, I think that might be reality. I think GMs get it but I can see an owner not getting it. It also might be a combination of that and Asik's odd injury status.
     
  16. basketballholic

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    But Morey is NEVER going to flinch. He'll either get the trade he wants or no deal.
     
  17. Raven

    Raven Member

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    I think you might be right about that, and if Asik won't play, he'll put him on IR and let him rot. :)
     
  18. Da Wink

    Da Wink Member

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    if he'll rot on the bench, better get a better backup for Howard..Smith has brittle knees...better get a contributing one...we're a Howard injury away from spiraling down
     
  19. sleepyazn

    sleepyazn Member

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    It's really sad that Omer Asik right now is probably the ideal player we really need on the court. Someone who does the dirty work and that consistently boxes the opponents out. Defense when Dwight is siting is also very much appreciate.
     
  20. rocketfan_tim

    rocketfan_tim Member

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    Actually I like the way DMO played in the last game. He did a much better job than Asik did on defense. Plus he can shoot the ball.
     

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