For me, being a Hornets fan right now is rather like going to Crystal Lake as a camp counselor. When you get there the lake is pretty, the forest is cool and picturesque, and you find out that the other camp counselors are gorgeous, single, like to party, and are ready and willing to go back to your tent with you. It's a glorious time until everyone starts vanishing, you realize the forest is actually pretty terrifying in the dark, and you know something out there has on a Hockey Mask and is coming to rip you apart.
Now sure, Tyson Chandler ended up not being traded, and in his first game back from injury it seemed like the ankle wasn't slowing him, but at least to me, it isn't much comfort. John Hollinger touched on it over at ESPN.com, but the fact that the Hornets didn't make the trade is going to make this summer infinitely harder for them, and I dread that this team I've come to really enjoy may be dismembered.
Why, do you ask? Because the Hornets were trading Tyson Chandler for expiring contracts, which means at the end of this season, Wilcox and Smith would have come off the cap and put the Hornets under the Luxury Tax for next year. Now that the deadline has passed, the Hornets can't make a trade until those expiring contracts are already dead and gone - and that means GM Jeff Bower can only trade players this summer to teams for similar salaries(not the point), trade exceptions(none available are big enough) - or to teams that are under the Salary Cap(CAP, not Luxury Tax!) and can take on the necessary salary without going over the cap.
That's part of what makes the trade scenarios that Chad Ford over at ESPN,com suggested today for the Hornets ridiculous. He thinks Tyson might be moved to Dallas or to Indiana over the summer, but neither of those teams will have the necessary cap room this summer. The point is to send out salary and get no salary - or significantly less salary - back, so I can't see the Hornets making that move.
So this summer, the Hornets have actually less options than the did at the trading deadline, when they could gun for a series of expiring contracts. Over the summer Bower needs to shed around 9Mil in salaries - 6Mil to get under the Luxury Tax line, and then another 3Mil to be able to sign three or four guys to minimum deals. The only teams that have that much Salary Cap room this summer are Detroit(33Mil), Memphis(34), Toronto(47Mil), Oklahoma City(42Mil), and maybe Minnesota(49Mil).
So the question becomes if the Hornets want to retain Tyson Chandler - will any of those teams take on a pair of our other mid-level contracts? Will they take on Peja? To keep Paul/West/Chandler together, we have to move either:
Peja Stojakovic alone(14Mil next year)
Antonio Daniels(6.6 Mil next year), Morris Peterson(6.2 Mil next year) or James Posey(6.0 Mil next year) combined with Rasual Butler(4Mil, 1 year), Hilton Armstrong(2.8Mil, 1 year) or Julian Wright(2.0 Mil next year).
First - will any of those five teams want a pair of those guys? And if it happens, we can't take anything back, or we go back over the line. If we can get one of them to take Morris Peterson and Hilton Armstrong + a first round pick for cap space, then maybe we won't notice it, but here's the thing: The other teams know the Hornets don't have any choice but to make a trade. If you were one of those other GMs wouldn't you insist on Julian Wright being in the deal? Rasual Butler? Two first round picks? Oh, and other teams will be looking to shed salary too, so the Hornets could end up in a bidding war for cap space. The thought makes me sick.
I have a feeling it's going to be a painful summer for Hornet's fans.
I also wouldn't be surprised if the savvy Thunder GM Sam Presti suddenly called up Jeff Bower and said, "Hey, we've reconsidered about Tyson's toe! We'll trade you our cap space for him. Oh, but now you need to throw in your first round pick! We'll still give you the draft rights to DeVon Hardin! I hear he's playing awesome in Europe for whatever team it was that signed him!"
If that happened, the depressing part is I'n not sure the Hornets would say no . . .


12 jaw-dropping comments post your own
The_big_H
02/24/09 04:23 PM
Why can't they trade daniels to the Grizz with 3 million and a couple of picks (similar to the Kurt Thomas trade). Bingo 6.6 million gone, plus don't have to pay the 1st rounder. Then trade Butler to the Heat for their trade exception (roughly 4 million created in the JO trade). And then if need be, give Hilton to the Thunder (as they are under the cap). Bingo another 2 million gone.
Look at me, i just saved 12.6 million!
This GM business is easy
#1
Caleb462
02/24/09 04:34 PM
Ugh... not a good thing to hear.
Its all the more reason for the Hornets to play their hearts out and try their hardest to get to the Western Conf. Finals. I think it would be hard for the front office to deal Chandler away for monetary reasons after a playoff run like that. Maybe that would persuade them to just take the luxury tax hit? Or atleast do everything in their power to avoid breaking up the Paul/West/Chandler core.
And with favorable playoff matchups... the WCF are still a very real possibility. It all depends on the seeding and the matchups. With or without homecourt, I'm positive we can beat Denver, Phoenix and Dallas. They can beat Houston and probably Portland without homecourt too... but homecourt would make those series much more comfotable. To beat San Antonio the team would need homecourt. To beat Utah or LA in first or second round matchup? I'm not sure if that can happen. So let's hope the team lands some combination of Denver/Phoenix/Portland/Houston/Dallas in the first two rounds...
neworleansbasketball.blogspot.com #2
bigindian15
02/24/09 04:58 PM
@ThebigH
How would those trades make us not a lot worse? Who would start at the two and who would backup CP if we trade Butler and Daniels?
I hope we can sign a vet at the absolute minimum or something, I dunno how the waiver/buyout process works. Boston picked up Mikki Moore for some reason, so maybe if the Thunder buy out Joe Smith we can get him cheap and make a run this year. After the last 2 games in LA, I think we have a shot against the Lakers...and hopefully someone can take the Spurs out for us (lookin' at you, Denver).
But anyway, I'm sure a lot of teams' fans will be feeling like this come summer. I have no idea how small market teams like Portland can handle just chillin over the luxury tax (damn you Paul Allen!) and at this point, it's becoming like baseball where big markets like LA and Chicago will have a huge advantage because they can afford the luxury tax if they have a decent team. It's a shame, but a lot of teams are going to unload this summer. *sighs*
Maybe we can convince a team that is one piece away to take Peja. I still think he will be big for us down the stretch, and I mean, he's a shooter. His shooting won't leave him as he gets older. Maybe someone like Portland or Utah or Detroit will want him next year as a three point specialist?
#3
TheKeyMaster
02/24/09 05:53 PM
Don't know if this is even possible but it would be awesome if it could work, would be to ship peja overseas for josh childress, and pay childress like 4 mil for a one year deal. I don't think this is even technically possible but if it was and we could pull it off i think we would be a much better team.
#4
StefanC
02/24/09 07:40 PM
Do you people realize that if we get rid of Peja, we'll need a shooter in return. CP3 will hate you all when he has less room to operate in the middle. Peja just standing on the 3pt line means a lot for West & Paul
#5
thekourt
02/24/09 08:15 PM
Why wouldn't a trade of Posey/Daniels and Wright get us under the cap and cure this problem? They're both bad contracts, but good players who can be useful for the right team. Surely, somebody will be intruiged by that.
And Wright might one day be a great player, but he's just rotting on our bench and if we can save our luxury tax by dropping a guy who's playing 5 minutes/game, that has to be the right answer.
Those trades make our team worse, but not tremendously so. And they maintain most of our core pieces.
#6
TheKeyMaster
02/24/09 08:28 PM
I'm sorry but I'm all in favor of getting rid of Peja for almost anybody. This season with the exception of about 10 games he has been doing nothing for us he bricks almost all his 3's now and is the weakest defender and least athletic in the starting five. Oh and I forgot to mention he probably has one of the worst contracts in the NBA. What is the point of having a player to stretch the D if all he can do is miss shots and on the other end let anyone he defends blow by him?
However impossible it is to get rid of his contract, I believe the team needs to try in the offseason, Rasual Butler is more of an important piece now than Peja is. If we can get rid of Peja in the offseason without getting much in return I see no problem with a starting lineup of Paul, Butler, Posey, West and Chandler. And having a bench of Daniels, Brown/Mopete, Wright, Marks and Hilton. Unless we pick up some pieces through other trades in the summer but than again very unlikely anyone would want any of our players besides CP and West.
#7
Ryan Schwan
02/24/09 10:04 PM
Peja's contract is 2 years/29 million after this season. With the economy in the tank, we aren't going to give that away for cap space without sweetining the deal a lot.
www.hornets247.com #8
bigindian15
02/24/09 10:06 PM
The difference between Peja and Butler is that Peja has big time playoff experience against the likes of Kobe and Dirk and Duncan. Peja also is capable of going off for 35 and can absolutely take a game over. Peja gets hot for 10 game stretches, while Butler gets hot for 2-3 games and then cools back down and you never know when he'll heat up. Right now, he is cold. I'm confident he will get hot again. We saw when West was out that he could pick up the slack. In probably his worst year of the last 10, Peja is still shooting over 38% from 3, respectable, and we all know he can pull that up to 45% if he just gets hot because he's just that guy.
Also, they tried just now to get rid of Peja. They tried shopping him before shopping Chandler because anyone with half a brain would rather have 26 year old Chandler than 32 year old Peja. But no one was buying. It all SOUNDS good to say "let's trade mo pete's terrible contract" and "let's trade Posey!" But in this terrible economy, even teams that are one piece short will not take them because other teams are unloading much better pieces. Why would you take an old, injured, stuck-on-the-bench Mo Pete when you can get a younger, better shooting Mike Miller?
#9
StefanC
02/24/09 11:25 PM
So basically, we can all just say our goodbyes to Tyson most likely :(
If we can't get rid of Mo, Peja ,or Posey, it could easily happen.
Shinn needs to open up that wallet a bit deeper.
#10
Niall Doherty
02/25/09 07:55 AM
John Hollinger agrees with you, Ryan:
"The Hornets are also in a bind after the Chandler deal blew up on them. It seems all but certain that they'll sell or trade their first-round pick, since the cap hold alone could end up pushing them over the tax line, and they probably need to add promising forward Julian Wright along with another fairly sizable deal (Mo Peterson or James Posey, for instance), in order to get under the tax. Trading Chandler would get the most in return, of course, and could allow them to keep the kids, but it would leave a gaping hole in the middle, and it will be tough to find a partner with $12 million in cap space."
http://sports.espn.go.com/nba/columns/story?columnist=hollinger_john&page=PERDiem-090223
This just sucks. I think our best hope might be taking a chunk of that $175 million that the NBA is borrowing tomorrow, and using that to pay the luxury tax. More info here:
http://www.hornets247.com/news/lagniappe/2009/02/16/are-the-hornets-borrowing-money
www.ndoherty.com #11
byronscott4
02/25/09 10:52 AM
Thanks for covering this topic as I was going to ask you to do it after seeing something Sam Smith wrote. He talked about Chandler going and how it could lead to CP3 going as a result and in a few years, it would be like the Lebron sweepstakes all over again. I think we can all agree that losing CP3 would be the ultimate transaction to avoid. So, why not keep Chandler in hopes of securing a future with CP3? It will cost to keep TC around but how much money would be lost if CP3 bolts? It seems that many teams are wanting to avoid the luxury tax. I read where Portland turned down an offer that had Vince Carter and two first rounders going to them for Lafrentz's expiring contract. I think that the Allan Houston rule needs to be done in 2009. All teams can shed one player from their books and that player gets paid but the amount does not count towards the luxury tax for the team that is cutting him.
#12