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Josh smith waived

From Larry Coon's FAQ:
If another team signs a player who has cleared waivers, the player's original team is allowed to reduce the amount of money it still owes the player (and lower their team salary) by a commensurate amount. This is called the right of set-off. This is true if the player signs with any professional team -- it does not have to be an NBA team. The amount the original team gets to set off is limited to one-half the difference between the player's new salary and the minimum salary for a one-year veteran (if the player is a rookie, then the rookie minimum is used instead).

For example, suppose a fifth-year player is waived with one guaranteed season remaining on his contract for $5 million. If this player signs a $1 million contract with another team for the 2011-12 season, his original team gets to set off $1 million minus $762,195 (the minimum salary for a one-year veteran in 2011-12), divided by two, or $118,902. The team is still responsible for paying $4,881,098 of the original $5 million. Note that between his prior team and new team the player will earn a combined $5,881,098, which was more than he earned prior to being waived.
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Minimum salaries for one-year veterans:

14/15: $816,482
15/16: $845,059
16/17: $874,636

So...take the difference between whatever Josh Smith gets in a new contract and those salaries in each season, and divide by two to calculate how much Detroit gets back (or doesn't have to pay).


Unfortunately, there doesn't seem to be an up-to-date list of team salary cap exceptions. I'm not sure which of the rumored teams have an MLE available. Smith may have to settle for the minimum if he wants to sign with a playoff team.
 
Wow!


I'm still baffled as to how some of these GM's have jobs. Signing Josh Smith was idiotic to begin with. If I'm the owner, I'm pretty pissed I had to do this.

How can you know how to make millions of dollars, but you can't figure out how to hire a competent GM? Or know when your GM is an idiot and he needs to go?
 
This is super interesting.

First thought was, he can play some small ball Center in Dallas and do the damaged goods recovery program. If I was CoCo addicted like the Dubs these days, I'd totally go to Dallas to get off that ish. Also Smoove went to Oak Hill with Rondo.

When someone wrote Houston I was like: He knows Dwight Coward, they both went to the same AAU team and both are from ATL.

I could see Toronto considering him to add front court depth. Just taking a chance and if it doesn't work out, Au revoir.

I don't think LeBron would allow him to join his team. Rich Paul still needs to get Tristan max playing time for a max contract.

Chicago won't touch such a thing with the group they have.

He was in ATL before, doubt that will work out even though both coaches and front offices have changed significantly.

I can see both Miami and Washington simply risking it because they know they're missing something to compete.

In the West Portland might take a closer look since they don't have a PF backup. Also both Kaman and Lopez haven't been that awesome this year IMO. That would allow them to play Aldridge inside for stretches. Also big man rotation is their biggest need to make the next step.

OKC definitely will consider him. Only Ibaka, Adams and Durant are their legit options for the big position. They fill minutes with Nick Collison and Perry Jones, neither of whom plays like efficient defense.

Memphis has an awesome inside rotation, they won't consider him. If they do I'm pretty sure he'll have a cataclysmic effect there.

The Dubs are set, The Spurs won't risk a heart attack with Pop. The Clippers though are a legitimate candidate, as Doc Rivers is a huge fan of washed up vets with a big name.(Rivers and Van Gundy are the only coach+GM combos. I count Saunders as an interim coach as GM Saunders didn't find a good candidate. Both Rivers and Van Gundy have been horrible in their front office role so far IMO)
 
The best "fit" is Sacramento, especially if they unload their frontcourt depth for DWill.
 
Hack said:
I'm still baffled as to how some of these GM's have jobs. Signing Josh Smith was idiotic to begin with. If I'm the owner, I'm pretty pissed I had to do this.

How can you know how to make millions of dollars, but you can't figure out how to hire a competent GM? Or know when your GM is an idiot and he needs to go?
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Smith was signed by Joe Dumars, who was fired this past Spring. While he made a bunch of strange, costly moves (signing CV, Ben Gordon and Smith to bloated contracts, S&T-ing Middleton and Knight for Jennings, who the Bucks would have let go for free), he also built the Pistons' most recent championship team.

SVG reportedly could have traded Smith to Sacramento this past Summer for Jason Thompson and Derrick Williams, both serviceable depth bigs, but decided to try to make it work. Bad decision, but the stretch provision makes this ok (and even better if Smith signs a 1-year deal, and then gets a new contract in free agency).
 
Was Snyder with Hawks when they had Smith?
Any chance Snyder might be interested in Smith?
 
So whoever signs Smith would probably have to cut a player.
That could be a decent player Jazz might be interested in.
 
GVC said:
The best "fit" is Sacramento, especially if they unload their frontcourt depth for DWill.
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I strongly disagree with that.

I think Sacto can offer the biggest role, but they'd run into more spacing issues with him.

The best fit in terms of what can he contribute, how does he fit, how many of his negatives can the team possibly suppress is a team that has good spacing, versatility, focuses on side to side ball movement and pick and roll.

Dallas and Atlanta are these teams IMO.
 
BTP said:
This is super interesting.

First thought was, he can play some small ball Center in Dallas and do the damaged goods recovery program. If I was CoCo addicted like the Dubs these days, I'd totally go to Dallas to get off that ish. Also Smoove went to Oak Hill with Rondo.

When someone wrote Houston I was like: He knows Dwight Coward, they both went to the same AAU team and both are from ATL.

I could see Toronto considering him to add front court depth. Just taking a chance and if it doesn't work out, Au revoir.

I don't think LeBron would allow him to join his team. Rich Paul still needs to get Tristan max playing time for a max contract.

Chicago won't touch such a thing with the group they have.

He was in ATL before, doubt that will work out even though both coaches and front offices have changed significantly.

I can see both Miami and Washington simply risking it because they know they're missing something to compete.

In the West Portland might take a closer look since they don't have a PF backup. Also both Kaman and Lopez haven't been that awesome this year IMO. That would allow them to play Aldridge inside for stretches. Also big man rotation is their biggest need to make the next step.

OKC definitely will consider him. Only Ibaka, Adams and Durant are their legit options for the big position. They fill minutes with Nick Collison and Perry Jones, neither of whom plays like efficient defense.

Memphis has an awesome inside rotation, they won't consider him. If they do I'm pretty sure he'll have a cataclysmic effect there.

The Dubs are set, The Spurs won't risk a heart attack with Pop. The Clippers though are a legitimate candidate, as Doc Rivers is a huge fan of washed up vets with a big name.(Rivers and Van Gundy are the only coach+GM combos. I count Saunders as an interim coach as GM Saunders didn't find a good candidate. Both Rivers and Van Gundy have been horrible in their front office role so far IMO)
Click to expand...

I agree with all of this but the Spurs comment. They may take a shot. Smith has a uniqueness to him as a player and the Spurs love that.

I think the East is so wide open that the Wiz and Heat should take a shot. They have the vets there to keep his *** in line and he really could bring something needed to each of those teams off the bench.
 
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