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Thread: Stojakovic Likely to Be Bought Out

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    Administrator Dr. James Naismith's Avatar
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    Default Stojakovic Likely to Be Bought Out

    This via ESPN and the "Weekend Dime".

    The Raptors continue to explore possible trades for recently acquired Peja Stojakovic and his expiring $15 million salary, but sources close to the situation say with increasingly regularity that Stojakovic is far more likely to be bought out by Toronto than dealt again.

    Financial flexibility to take into the NBA's new frontier of the next labor agreement would appear to appeal more to the Raps than taking on long-term salary.

    Stojakovic has played in two games since he was dealt to Toronto in the Jarrett Jack deal on Nov. 20, thanks largely to a troublesome knee, but he's sure to attract interest from multiple contenders if he does make it to the open market as expected.

    As long as he's released by March 1, Stojakovic will be eligible to play in the playoffs for another team. It is generally assumed in front-office circles that the Raptors will work with the Serbian sharpshooter if they can't find a trade for him, since Stojakovic had to waive $437,470 of his $1.2 million trade kicker for the salary-cap math to work in the New Orleans/Toronto deal and to allow the Raps to shed the contracts of Jack and Marcus Banks.
    Source - Click here

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    Raptors Republic Hall of Famer mcHAPPY's Avatar
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    Another reason this is likely to happen, besides it makes sense for TOR moving forward, is another team would have to pay his contract for the remainder of the year at the pro-rated amount of $15M versus signing him to a minimum contract after a buyout. Also if Toronto is in talks with a team and is considering using Peja's contract, if the contract is less than $12.2M they could just use the TPE combined with smaller expiring contracts like Evans, Wright, Weems, Dorsey - In other words, it saves money for Toronto's trade partner.

    Another thing to keep in mind about these types of sources is the weekend Dime had this right after the Peja trade:

    http://espn.go.com/nba/dailydime/_/p...-trade-chatter

    Things change. Buyout, trade - who knows. What we do know is Peja will not be a Raptor on March 1st.
    Last edited by mcHAPPY; Sat Dec 18th, 2010 at 02:01 PM.

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    Quote Matt52 wrote: View Post
    Another reason this is likely to happen, besides it makes sense for TOR moving forward, is another team would have to pay his contract for the remainder of the year at the pro-rated amount of $15M versus signing him to a minimum contract after a buyout. Also if Toronto is in talks with a team and is considering using Peja's contract, if the contract is less than $12.2M they could just use the TPE combined with smaller expiring contracts like Evans, Wright, Weems, Dorsey - In other words, it saves money for Toronto's trade partner.
    i seem to remember a thread where you went on and on about how valuable peja's expiring contract is worth...

    and i believe I said if peja's expiring was so valuable NOH would have gotten more than 2 bench players for it...

    now you are saying buying him out and ultimately getting nothing for this contract makes sense for the raps...

    let me guess... you will choose one of your typical responses when someone disagrees with you...i have a low basketball iq and am an idiot... i know

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    Raptors Republic Hall of Famer mcHAPPY's Avatar
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    Quote Legalize-It wrote: View Post
    i seem to remember a thread where you went on and on about how valuable peja's expiring contract is worth...

    and i believe I said if peja's expiring was so valuable NOH would have gotten more than 2 bench players for it...

    now you are saying buying him out and ultimately getting nothing for this contract makes sense for the raps...

    let me guess... you will choose one of your typical responses when someone disagrees with you...i have a low basketball iq and am an idiot... i know
    LOL - Welcome back. For the record I never called you an idiot but 100% agreed on the basketball IQ - I said it and from recollection it was deserved. As from my recollection I had numerous insults thrown my way.

    As for Peja's contract, either possibilities (buyout or trade) are likely.

    What I gave above were reasons why a buyout may be more likely because this thread is about, wait for it, "Stojakovic likely to be bought out".

    As the trade deadline approaches, his contract will be more valuable and it is a bargaining chip. A barganing chip permits the holder to use it as he pleases, therefore, it is not necessary for the chip to be used.

    Also, if memory serves correct, weren't you one of those ripping on BC for making the trade? How did that turn out anyways? How has Jack's presence been on NOH? How has Bayless worked out for Toronto thus far?
    Last edited by mcHAPPY; Sat Dec 18th, 2010 at 01:49 PM.

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    Quote Matt52 wrote: View Post
    LOL - Welcome back. For the record I never called you an idiot but 100% agreed on the basketball IQ - I said it and from recollection it was deserved. As from my recollection I had numerous insults thrown my way.

    As for Peja's contract, either possibilities (buyout or trade) are likely.

    What I gave above were reasons why a buyout may be more likely because this thread is about, wait for it, "Stojakovic likely to be bought out".

    As the trade deadline approaches, his contract will be more valuable and it is a bargaining chip. A barganing chip permits the holder to use it as he pleases, therefore, it is not necessary for the chip to be used.

    Also, if memory serves correct, weren't you one of those ripping on BC for making the trade? How did that turn out anyways? How has Jack's presence been on NOH? How has Bayless worked out for Toronto thus far?
    delusional

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    Quote Legalize-It wrote: View Post
    i seem to remember a thread where you went on and on about how valuable peja's expiring contract is worth...

    and i believe I said if peja's expiring was so valuable NOH would have gotten more than 2 bench players for it...

    now you are saying buying him out and ultimately getting nothing for this contract makes sense for the raps...

    let me guess... you will choose one of your typical responses when someone disagrees with you...i have a low basketball iq and am an idiot... i know
    matt. the simple point i am trying to make to you is:

    a month ago, you were praisng BC for acquiring the valuable expiring contract of peja

    a month later, there is a rumor that not only are the raps not only not going to get anything for peja, but they will have to buy him out, meaning that the raptors will have to pay peja so he can disappear off the books,

    so how can you go from saying getting peja was a good thing cuz we can use his contract to acquire other assets, to now saying yea buying paja out makes sense...

    the point is, it seems like for some people anything BC does can be spun into a good thing...
    Last edited by Legalize-It; Sun Dec 19th, 2010 at 01:36 PM.

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    Raptors Republic Hall of Famer mcHAPPY's Avatar
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    Quote Legalize-It wrote: View Post
    matt. the simple point i am trying to make to you is:

    a month ago, you were praisng BC for acquiring the valuable expiring contract of peja

    Yes, I was and still am. It could be valuable. Bayless has been a nice surprise - hopefully he can improve his PG skills i.e. setting up others.


    a month later, there is a rumor that not only are the raps not only not going to get anything for peja, but they will have to buy him out, meaning that the raptors will have to pay peja so he can disappear off the books,

    Buying him out will also be beneficial if it saves money for the franchise - might not matter to the fans but it does for the owners which means saved money can be spent elsewhere. The Raptors might not get anything for Peja but he was a part of a trade that delivered Bayless and cleared a roster spot without having to cut a young player or eat a contract. As the trade deadline approaches this flexibility may or may not be an asset - as may or may not Peja's contract.

    so how can you go from saying getting peja was a good thing cuz we can use his contract to acquire other assets, to now saying yea buying paja out makes sense...

    Because both scenarios are beneficial to the Raptors. If Peja's contract can be used to get good contracts/players from another team looking to shed salary - great. AI would not be my pick for TOR but the rumour was Peja had told people just a day or two before this trade that he was going to PHI and AI was NOH bound. If Peja's contract does not get anymore assets - great, because he was acquired in the same deal that allowed the Raps to get Bayless and shed Jack's contract.


    the point is, it seems like for some people anything BC does can be spun into a good thing...

    When things happen, yes they can. Nobody makes a trade thinking this is going to be awful for the team. It is only with the benefit of hindsight can a deal be evaluated and critized by the armchair GM's of the world.

    It is quite obvious you have an axe to grind with me after the 'BC is an architect' thread. So be it. You had a differing view than I did, and that is fine. The problem arose when yourself and a banned poster made the forum an elementary school playground. I've had many disagreements with many posters here. At the end of the day if someone can justify their argument and there is still a difference of opinion - who really cares? The problem arises when opinions are spewed as fact. You hate BC and anyone who thinks he is a good GM - fair enough, your opinion, your entitlement - but to come on to a Raptors blog expecting nobody to disagree with the refusal to acknowledge he has done anything good is ludicrous.

    Going back to that original thread. If memory serves me correct, at that time you said something to the effect of BC was doing a bad job because a team that was rebuilding should be:

    - acquiring young talent and draft picks.
    - clearing older players and cutting contracts.
    - playing young talent.

    OKC and WSH were quoted as teams to follow.

    The team is competitive most nights, plays more inspired and entertaining basketball than in years and with 2 first round draft picks coming up, $10M plus in possible cap space, and a roster with only 2 players over 30 (Evans and Peja - both expiring), 3 players (JC, Barbosa, Dorsey) over 25, and the remaining 25 or under, what more do you want?

    Hate BC all you want but I wish you would quit picking fights because someone else thinks he is doing an overall good job.

    Pefect? No. Mistakes made? Absolutely. Overall good? Yes.
    Last edited by mcHAPPY; Sun Dec 19th, 2010 at 07:10 PM.

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    Quote Matt52 wrote: View Post
    It is quite obvious you have an axe to grind with me after the 'BC is an architect' thread. So be it. You had a differing view than I did, and that is fine. The problem arose when yourself and a banned poster made the forum an elementary school playground. I've had many disagreements with many posters here. At the end of the day if someone can justify their argument and there is still a difference of opinion - who really cares? The problem arises when opinions are spewed as fact. You hate BC and anyone who thinks he is a good GM - fair enough, your opinion, your entitlement - but to come on to a Raptors blog expecting nobody to disagree with the refusal to acknowledge he has done anything good is ludicrous.

    Going back to that original thread. If memory serves me correct, at that time you said something to the effect of BC was doing a bad job because a team that was rebuilding should be:

    - acquiring young talent and draft picks.
    - clearing older players and cutting contracts.
    - playing young talent.

    OKC and WSH were quoted as teams to follow.

    The team is competitive most nights, plays more inspired and entertaining basketball than in years and with 2 first round draft picks coming up, $10M plus in possible cap space, and a roster with only 2 players over 30 (Evans and Peja - both expiring), 3 players (JC, Barbosa, Dorsey) over 25, and the remaining 25 or under, what more do you want?

    Hate BC all you want but I wish you would quit picking fights because someone else thinks he is doing an overall good job.

    Pefect? No. Mistakes made? Absolutely. Overall good? Yes.
    no i dont have an axe to grind with you... i am just trying to help you see how you are notr objective...

    if we have to buy out peja, than we should not have gotten him in the 1st place....

    MLSE will have to spend 5-7 mil probably to buy him out....

    that 5-7 mil could have been used to lure a marc gasol or another FA this summer...

    but you seem to be happy with anything BC does...

    and the simple point has nothing to do with how jack is playing in NOH, it had to do only with the value of peja's contract... which I said was not very valuable, and you went on and on calling me names and saying i am an idiot b/c i didnt see how peja's expiring was so valuable...

    and now this unbelievably valuable conract we got, is not going to get us anything back, and we are going to have to spend money to get rid of it...

    go watch 1984, and try to understand that sometimes, you have to be objective, and doing so doesnt make you a "hater" or "idiot", or a "person with a low basketball iq", as you seem to call anyone who disagrees with you...

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    Quote Matt52 wrote: View Post
    It is quite obvious you have an axe to grind with me after the 'BC is an architect' thread. So be it. You had a differing view than I did, and that is fine. The problem arose when yourself and a banned poster made the forum an elementary school playground. I've had many disagreements with many posters here. At the end of the day if someone can justify their argument and there is still a difference of opinion - who really cares? The problem arises when opinions are spewed as fact. You hate BC and anyone who thinks he is a good GM - fair enough, your opinion, your entitlement - but to come on to a Raptors blog expecting nobody to disagree with the refusal to acknowledge he has done anything good is ludicrous.

    Going back to that original thread. If memory serves me correct, at that time you said something to the effect of BC was doing a bad job because a team that was rebuilding should be:

    - acquiring young talent and draft picks.
    - clearing older players and cutting contracts.
    - playing young talent.

    OKC and WSH were quoted as teams to follow.

    The team is competitive most nights, plays more inspired and entertaining basketball than in years and with 2 first round draft picks coming up, $10M plus in possible cap space, and a roster with only 2 players over 30 (Evans and Peja - both expiring), 3 players (JC, Barbosa, Dorsey) over 25, and the remaining 25 or under, what more do you want?

    Hate BC all you want but I wish you would quit picking fights because someone else thinks he is doing an overall good job.

    Pefect? No. Mistakes made? Absolutely. Overall good? Yes.
    there's a post in this thread by you where you say buying peja out makes sense b/c it will be easier for other teams to sign him then ?

    well you the f cares about other teams and making life easier for them ?

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    Quote Matt52 wrote: View Post
    It is quite obvious you have an axe to grind with me after the 'BC is an architect' thread. So be it. You had a differing view than I did, and that is fine. The problem arose when yourself and a banned poster made the forum an elementary school playground. I've had many disagreements with many posters here. At the end of the day if someone can justify their argument and there is still a difference of opinion - who really cares? The problem arises when opinions are spewed as fact. You hate BC and anyone who thinks he is a good GM - fair enough, your opinion, your entitlement - but to come on to a Raptors blog expecting nobody to disagree with the refusal to acknowledge he has done anything good is ludicrous.

    Going back to that original thread. If memory serves me correct, at that time you said something to the effect of BC was doing a bad job because a team that was rebuilding should be:

    - acquiring young talent and draft picks.
    - clearing older players and cutting contracts.
    - playing young talent.

    OKC and WSH were quoted as teams to follow.

    The team is competitive most nights, plays more inspired and entertaining basketball than in years and with 2 first round draft picks coming up, $10M plus in possible cap space, and a roster with only 2 players over 30 (Evans and Peja - both expiring), 3 players (JC, Barbosa, Dorsey) over 25, and the remaining 25 or under, what more do you want?

    Hate BC all you want but I wish you would quit picking fights because someone else thinks he is doing an overall good job.

    Pefect? No. Mistakes made? Absolutely. Overall good? Yes.
    who is this someone else ?

    the raps are the worst roster in the nba, and thats not just by one writer, but vegas, espn, 2k sports, even people on the fan590 think the raps are the worst...

    spare me with your vague arguments... that someone else could be your dog.... does that make it a valid point to write about ?

    if BC traded for brand, you'd figure out a way to spin it in your head to make it positive... i hope for your sake you are making money or gettin girls for creating hype n spinning for the raptors

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    Administrator Arsenalist's Avatar
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    Interesting to see what the buyout number the Raptors have in mind. Assuming he gets bought out by the time 60% of the season is played, that means he'll be owed around $6.1M, if the Raptors can buy him out at that point for $5M, then they save a million and allow Peja to sign and play in the playoffs. Win win.

    As of today, Peja is owed $10.3 million by the Raps for the rest of the season. I would think the earlier you buy him out, the more money the Raps will save over the course of the season because the difference in buyout/actual is likely to be bigger. Plus, Peja gets to "make up" some of the salary in another contract sooner, and gets PT.

    I think this is how it works, I could be wrong. In conclusion, meh.

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    Administrator Dr. James Naismith's Avatar
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    Can people have discussions here without insulting one another? Christ. It's like preschool here sometimes.

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    Quote Doc Naismith wrote: View Post
    Can people have discussions here without insulting one another? Christ. It's like preschool here sometimes.
    You are correct. I will be editing my post.

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    Quote Doc Naismith wrote: View Post
    Can people have discussions here without insulting one another? Christ. It's like preschool here sometimes.
    Can people have discussions here without taking the Lord's name in vain? Doc. It's like a construction site here sometimes.

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    Raptors Republic Starter albertan_10's Avatar
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    Does this make sense? It seems like a waste to just cut him loose? Wouldn't we like to improve by trading his contract or are they just saying that if they can't and the trade deadline passes that then they'll buy him out?

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    Quote albertan_10 wrote: View Post
    Does this make sense? It seems like a waste to just cut him loose? Wouldn't we like to improve by trading his contract or are they just saying that if they can't and the trade deadline passes that then they'll buy him out?
    If they don't trade him, they don't take anything back for his contract, obviously, but the money off the cap for next year would leave open flexibility in trades or ability to sign FA's.

    The quote from BC was because he agreed to take a hit on the trade kicker so the trade could go through, if Peja does not like his role in TOR he would trade him or buy him out.

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    Raptors Republic All-Star DoNDaDDa's Avatar
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    id rather buy him out then to take some over payed bum on a long term contract in a trade..BC prob realizes thats all hed really get & thats IF he gets anything at all.... the only teams with enough cap space to absorbe pejas contract without giving equal $ back are def not parting with picks for peja when there not even competing for a playoff spot..

    also pejas 15mill comming off the books does not equal 15mill in free cap space... it only frees up the money we spent on JJ.. the saving is the difference between JJ's contract & bayless's contract really since evryone else in the trade are expiring contracts
    Last edited by DoNDaDDa; Sat Dec 18th, 2010 at 02:40 PM.

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    Raptors Republic Hall of Famer mcHAPPY's Avatar
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    Quote D wrote:
    also pejas 15mill comming off the books does not equal 15mill in free cap space... it only frees up the money we spent on JJ.. the saving is the difference between JJ's contract & bayless's contract really since evryone else in the trade are expiring contracts
    Good point. But taking on another $12M in salary - especially if for an over paid player or player who does not fit long term plan of building around youth and athleticism - ties up even more money in an uncertain future with a possible harcap.

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    I would love to see Peja play...I know it may hurt some development, but he is such a great shooter!

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    Why not just ride out his contract and if get an offer trade him? Having one of the best 3 point shooters in the history of the league is probably better then nothing.

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