The salary cap has just been anounced and like a lot of people thought it has decreased. The reason why this happened is pretty simple : The financial crisis of the last years !
Last season a lot of teams already did some trades in order to save money and this
scenario will also continue this season. We will probably see some teams which don’t have any chance to make the playoffs try to trade their expensive players and acquire exipiring contracts. So this is a great possibilty for strong teams to make their team even better or for teams which are searching for the missing piece to find it ! One of these teams are the Toronto Raptors. Let’s take a look at their current situation...
Before the night of the 8th July, the general manager of the Toronto Raptors, Bryan Colangelo, was searching a way to create a situation where the Raptors
could sign free agent Hedo Turkoglu without falling under the cap space limit because this would take them away the possibility to use their midlevel exception which is only available for teams which are over the cap. At this time the Raptors
were something like ten million under the cap which would be enough to sign Hedo and the rest of the roster would have to be filled out with players that would have signed for the minimum league exception. This would put the Raptors
in a bad situation because they need some better bench players and with the minimum league exception you can’t sign rotation players which have a nice impact unless you’re very lucky.
Things were really complicated till yesterday because the Raptors
couldn’t sign Hedo Turkoglu without having to re-sign free agent Shawn Marion or renounce the rights to Marion. The problem with re-signing Shawn Marion is that he would put the Raptors
just under the cap, so that they wouldn’t have enough caproom to sign Hedo Turkoglu. As you can see Colangelo had to choose between Marion and Turkoglu.
At the night of the 8th July Bryan Colangelo showed why he’s known as one of the best general managers in the NBA ! Let’s take a look at the moves he did :
1. The Raptors
sent small forward Shawn Marion and Power Foward Kris Humphries to the Dallas Mavericks.
The Mavericks sent Shooting Guard Antoine Wright, Small Foward Devin George and Small Foward Jerry Stackhouse to the Toronto Raptors
2. The Raptors
sent small forward Jerry Stackhouse, shooting guard Quincy Douby and cash to the Memphis Grizzlies.
received a trade exception in this trade.
3. The Raptors
acquired small forward Hedo Turkoglu and use their trade exception to go over the cap while the Magic receive a trade exception because they just sent Hedo to the Raptors
without taking players back.
This trade makes sense for everybody because the Mavericks finally receive a great rebounder and someone who can run the fastbreak with Jason Kidd. The Grizzlies received some cash back which they will use to waive Jerry Stackhouse. The Magic received a large trade exception which they can use to sign free agents because they are already over the cap and are looking to acquire some bench players.
With all those complicated moves the Toronto Raptors
received two wing players, something that they were looking for and they are finally over the cap, so that they can use their midlevel exception to sign more free agents, probably wing players or fowards.
A lot of changes are happening in Toronto and like the raps fan like to say : " In Colangelo we believe "