Interesting Details Regarding Garbo's Buyout
Old 08-01-2008, 10:22 AM   #1 (permalink)
convinced that Raptors fans are only happy when they're unhappy.

Retired Administrator
 
Dr. J. Naismith's Avatar
 
Join Date: Dec 2007
Location: Almonte
Posts: 10,249
Representing:
Default Interesting Details Regarding Garbo's Buyout

Hmmm ... this is interesting. This from a Spanish paper, but apparently it was the Spanish federation that helped buyout Jorge's final season and not just us. That being said, how does this affect our cap and doesn't even affect it period?

Quote:
"The Spanish basketball federation agreed to pay the Raptors $4.25 million to buy out the final year of Garbajosa's contract and he has since signed a contract with a Russian professional team. "

Add in the $1 million from last summer, and $5.25 Million is quite a hefty price to pay for having a glue-guy to play a few games in the olympics over two summer.

Also, apparently Garbajosa's insistence to play in the olympics burned a couple of NBA bridges. It seems like Colangelo had the backing of the NBA on this situation.

"The 31-year-old's decision to stick with Spain didn't endear him with many of the NBA's general managers and he said he had contact with just one team before signing with BC Khimki"
Source - Click here
Dr. J. Naismith is offline   Boss Key Wife Key Reply With Quote
Old 08-01-2008, 10:25 AM   #2 (permalink)
landry fields forever

Administrator

 
Acie's Avatar
 
Join Date: Dec 2007
Location: Living in a van down by the river
Posts: 21,593
Representing:
Default

Quote:
Aside from the ill-treatment of CV (yes i think CV deserve better from BC), BC's done a good job of running this organization.
I didn't see that in the article.
Acie is offline   Boss Key Wife Key Reply With Quote
Old 08-01-2008, 10:27 AM   #3 (permalink)
convinced that Raptors fans are only happy when they're unhappy.

Retired Administrator
 
Dr. J. Naismith's Avatar
 
Join Date: Dec 2007
Location: Almonte
Posts: 10,249
Representing:
Default

Quote:
Originally Posted by ACIEEARL40 View Post
I didn't see that in the article.
Oops .... I copy & pasted from elsewhere.
Dr. J. Naismith is offline   Boss Key Wife Key Reply With Quote
Old 08-01-2008, 11:26 AM   #4 (permalink)
censored

Senior Member
 
Join Date: Apr 2008
Posts: 5,774
Representing:
Default

buy-outs don't effect the cap. it just cuts the cost of us paying for nothing in return.

hopefully they're paying because they feel guilty about letting him play last summer.
dfunkie1 is offline   Boss Key Wife Key Reply With Quote
Old 08-01-2008, 11:32 AM   #5 (permalink)
is pounding the rock!

Senior Member, Eh?
 
Major's Avatar
 
Join Date: Mar 2008
Location: Toronto
Posts: 1,605
Representing:
Default

Two questions:

1) Can buyouts be used as expiring contracts in a trade?

2) What kind of cap space are we looking at next offseason or do we just have the MLE / LLE?
Major is offline   Boss Key Wife Key Reply With Quote
Old 08-01-2008, 01:10 PM   #6 (permalink)
is back baby

Large and in charge
 
Snooch's Avatar
 
Join Date: Jul 2008
Location: All up in there
Posts: 8,160
Representing:
Default

Quote:
Originally Posted by Major View Post
Two questions:

1) Can buyouts be used as expiring contracts in a trade?

2) What kind of cap space are we looking at next offseason or do we just have the MLE / LLE?
Unless I am mistaken all we have is Joey and APs contracts off the books but we would still be over the cap, so that leaves only the MLE and LLE.
Snooch is offline   Boss Key Wife Key Reply With Quote
Old 08-01-2008, 04:37 PM   #7 (permalink)
Gam zeh ya'avor

The Gatekeeper
 
MikeToronto's Avatar
 
Join Date: Dec 2007
Location: Toronto
Posts: 3,908
Representing:
Default

If the team indeed didn't buy out his contract, then he is officially on our roster until his contract expires and the full amount of his contract counts against our cap and luxury tax figures. We should also, in theory, be able to trade his contract.

The financial dealings between Spanish federation and MLSE don't figure into the CBA.
MikeToronto is online now   Boss Key Wife Key Reply With Quote
Old 08-01-2008, 06:11 PM   #8 (permalink)
against a rebuild

Senior Member
 
Raptorfan27's Avatar
 
Join Date: May 2008
Posts: 258
Representing:
Default

if ukic is a bust, u got solomon... anyway i heard we cant trade garbo's contract
Raptorfan27 is offline   Boss Key Wife Key Reply With Quote
Old 08-01-2008, 06:47 PM   #9 (permalink)
a dick

Banned
 
Join Date: Jun 2008
Posts: 3,151
Representing:
Default

If anyone is going to flop its going to be Solomon, not Ukic.
Apollo is offline   Boss Key Wife Key Reply With Quote
Old 08-01-2008, 08:46 PM   #10 (permalink)
is pounding the rock!

Senior Member, Eh?
 
Major's Avatar
 
Join Date: Mar 2008
Location: Toronto
Posts: 1,605
Representing:
Default

Quote:
Originally Posted by Apollo View Post
If anyone is going to flop its going to be Solomon, not Ukic.
Well you never know. I mean Roko's what? 23? and Solomon is 30. Usually the younger ones start to flop first.
Major is offline   Boss Key Wife Key Reply With Quote
Old 08-01-2008, 10:07 PM   #11 (permalink)
a dick

Banned
 
Join Date: Jun 2008
Posts: 3,151
Representing:
Default

All I know is Roko wasn't in the league solely because he was contractually obligated to a Euro team at a price which the Raptors couldn't afford to buyout at the time. Solomon is 30 and I ask you, whats his reason for not making the league until now?
Apollo is offline   Boss Key Wife Key Reply With Quote
Old 08-01-2008, 10:43 PM   #12 (permalink)
LX
with pink peppercorns

In the Paint


 
LX's Avatar
 
Join Date: Dec 2007
Location: Toronto
Posts: 27,549
Representing:
Default

Teams were able to find a third string pg without having to scout Europe?
LX is offline   Boss Key Wife Key Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
Grange: Triano, Raptors Still Working on Details Dr. J. Naismith Toronto Raptors 8 06-03-2009 08:30 PM
Denver/Detroit? Possible details>>>>>> jeffb NBA Talk 4 06-11-2008 09:16 AM
Garbo's Close But No Cigar Dr. J. Naismith Toronto Raptors 11 03-26-2008 05:37 PM
Walker still looking for a buyout 'trane NBA Talk 5 02-27-2008 09:18 AM
Cassell Willing To Accept Buyout To Joins Celtics Dr. J. Naismith NBA Talk 5 02-07-2008 02:48 PM


All times are GMT -4. The time now is 03:35 AM.


Powered by vBulletin® Version 3.7.1
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright RaptorsForum.com 2005-2011

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24