Raps buying out Peja today

[heinz57]

I think the thought was if the team was in contention, that the TPE would have been used to bring someone in, it was regarded as flexibility. Now the TPE could still be used, however I doubt that. Beasley has done wonderful things since he arrived in Minnesota, but who's to say that he would have performed the same way in Toronto - that's a huge assumption. It's also a lot of pressure because people would be looking at him as the return from the Bosh deal - and as we know early on, Beasley didn't perform well under pressure. In Minnesota, he's pretty much an anonymity and he just focuses on ball. Let's also remember that Minneapolis, while it does have it's vices, don't have nearly as much as Toronto. We would have been on a watch to see when the first time Beasley would have caught smoking dope, or partying too hard.

you know he woulda been a st james town regular.

i've said it once, and i'll say it a thousand times over... this city would have broke that boy.

[MangoKid]

you know he woulda been a st james town regular.

i've said it once, and i'll say it a thousand times over... this city would have broke that boy.

White Vegas will do that to a brutha.

[Matt52]

Do you have a source for this because I'm inclined to believe it's incorrect...

It was 100% incorrect. TPE can be used in any amount as long as the full contract can be absorbed by the TPE or as long as the contract is not bigger than the TPE.

[Tim W.]

TPE can't be used all at once and only portions of it can be used as "filler" in a deal

Where on earth did you get that information? That's not true at all. You can't combine exceptions, but you can certainly use all of it at once.

[heinz57]

White Vegas will do that to a brutha.

it wasnt that long ago that this was a common conversation in toronto:

"hey, do you know where i can get some weed?"

"coffee time"

"which one?"

"all of them"

[MangoKid]

it wasnt that long ago that this was a common conversation in toronto:

"hey, do you know where i can get some weed?"

"coffee time"

"which one?"

"all of them"

I bought some from a Coffee Time in Scarborough a couple of weeks go. Not bad. Then I had to have a Black Forrest Muffin.

[Tim W.]

Wait what? They are using the TPE to buy out Peja?

BTW Why the hell are we buying him out? Why not just keep him till the contract is up?

As has been said, you can't use a TPE to buy someone out. It doesn't work that way. What it does is saves the Raptors money and opens up another roster spot. If they're buying him out now, there's a chance there's a reason for it. I wouldn't be shocked if another deal is coming down the pipe for the Raptors.

[Matt52]

I don't the the TPE will necessarily not be used. It just won't be used to do what some people wanted it for, and that was to bring in a half decent veteran who would help the team. I never, ever saw any point in that. It still could be used like Oklahoma used their cap space, and that was to acquire draft picks. That's the only thing I wanted to see done with the TPE.

As for Peja, I'm not surprised. There are plenty of teams that are going to have cap space this summer, and not a lot of premium free agents.

100% agreed. The TPE doesn't run out until July 13, 2011. There is still 30+ days until trade deadline. At the draft that TPE could be very valuable in moving up or creating a larger deal that would otherwise not happen. Or it could still be used to absorb a contract from a financially struggling team giving a top 55 protected 2nd round pick in return either before the deadline (unlikely) or at the draft (more likely).

Also, I am disappointed Peja won't get flipped for anything but at the same time that deal did create a couple of million extra flexibility next season and rid Jack's final 2 years on the contract. Oh yeah, plus Bayless was brought here. I'd rather have Bayless than Jack - any day.

[Matt52]

http://twitter.com/alexraskin82

Done deal.

[Macc]

I'm not surprised by this. Evans' contract will run out and won't be traded. The TPE won't be used either.

The TPE has been used 3 times already. First to help get rid of Hedo, second to acquire Ryan Anderson, and again to acquire Bayless. It hasn't been useless for us, but it definitely isn't what it was advertised to be.

[Matt52]

The TPE has been used 3 times already. First to help get rid of Hedo, second to acquire Ryan Anderson, and again to acquire Bayless. It hasn't been useless for us, but it definitely isn't what it was advertised to be.

The Hedo contract created a TPE of $2.5M which was used to acquire Andersen (HOU also sent cash) who had a salary of $2.5M.

The Bosh exemption has been used once for Bayless.

[Ajar]

The Bosh TPE lasts past draft day, does it not? Since we aren't going to blow the whole thing on an overpaid player who might get us 5 more wins after the trade deadline, why not wait until the end of the season and try to use it to trade up in the draft?

[Raptor4Ever]

OKC is dying for a 3 pt shooter but BC could not even move Peja.

How bad does the trade that brought Peja looks now when we probably had pay another 10 million

BC sucks.

[Apollo]

It was 100% incorrect. TPE can be used in any amount as long as the full contract can be absorbed by the TPE or as long as the contract is not bigger than the TPE.

Let me make sure this is clear. You are agreeing him about the idea that the Raptors cannot use the entire TPE in a single trade involving one player? They cannot use it to trade for (just an example) Jason Richardson straight up, the whole TPE for him?

[Matt52]

Let me make sure this is clear. You are agreeing him about the idea that the Raptors cannot use the entire TPE in a single trade involving one player? They cannot use it to trade for (just an example) Jason Richardson straight up, the whole TPE for him?

Richardson's contract is more than the TPE. So no.

The TPE is only $12.2M after acquiring Bayless using it. Therefore the Raps can now acquire any player who has a contract of $12.2M or less using the TPE. Or they can acquire 10 players at $1.22M each.

[Matt52]

OKC is dying for a 3 pt shooter but BC could not even move Peja.

How bad does the trade that brought Peja looks now when we probably had pay another 10 million

BC sucks.

Who is OKC going to trade for Peja? Jeff Green, Mo' Pete and Cook would certainly work but do you think OKC would go for? No way.

In terms of paying $10M, MLSE can handle it. The Raps are still below the luxury tax. In reality they lost the contracts of Anderson, Banks, and Jack (so the deal actually cost them more like $6M but saved them $2.3M next year and $5.6M the season after.

Unless you are one of the newly converted Bayless haters, the trade brought a 22 year old guard on a rookie deal and rid the team of JJ and his final 2 years on his contract, freed up $2.3M next year, and $5.6M the season after (all based on current CBA numbers).

[Raptor4Ever]

Who is OKC going to trade for Peja? Jeff Green, Mo' Pete and Cook would certainly work but do you think OKC would go for? No way.

In terms of paying $10M, MLSE can handle it. The Raps are still below the luxury tax. In reality they lost the contracts of Anderson, Banks, and Jack (so the deal actually cost them more like $6M but saved them $2.3M next year and $5.6M the season after.

Unless you are one of the newly converted Bayless haters, the trade brought a 22 year old guard on a rookie deal and rid the team of JJ and his final 2 years on his contract, freed up $2.3M next year, and $5.6M the season after (all based on current CBA numbers).

LOL, With the money you paid for Peja, Raps did not really save anything. Now, back to Expiring contract, you may not be familiar with it but many GM in the league use the expiring contratcs to get some picks or talents back in return.

However, since MLSE can afford it, then why bother with looking for these things

Better luck next time PAL

[Tim W.]

OKC is dying for a 3 pt shooter but BC could not even move Peja.

How bad does the trade that brought Peja looks now when we probably had pay another 10 million

BC sucks.

How does the trade that brought him suck for the Raptors? They got Bayless and have more cap room this summer. Even if you don't throw Peja in, I'd still do it for the Raptors.

As I said on one of the front page articles...

Expiring contracts are not nearly as valuable as many fans seem to think. You do realize that, at this point, more than half the league will have a total payroll of less than $50 million this summer. The salary cap this season is $58 million. Who exactly is pining for big expiring contracts?

And while the Hornets may have wanted to acquire Iguodala for Peja, Philly obviously didn't want to give him away for cap room. Plenty of teams offered Philly cap space for Iguodala and they didn't agree to any of them. Maybe there's a reason for that.

Peja is just one of MANY large expiring deals. Andrei Kirilenko, Vince Carter, Eddy Curry, Michael Redd, Kenyon Martin, Jason Richardson, Tyson Chandler, Caron Butler, Zach Randolph, Samuel Dalembert, Tayshaun Prince, Mike Dunleavey and Troy Murphy all have contracts that expire this summer and make at least $10 million. T.J. Ford, J.R. Smith, Nazr Mohommed, Dan Gadzuric, Vladimir Radmanovic, Shane Battier, Jared Jeffries, Jeff Foster, Morris Peterson and Joel Przybilla all have expiring contracts and make more than $6 million.

Expiring contracts used to be useful when most teams were over the cap or losing teams were over the luxury tax threshold, but that's not the case any longer. Take a look at the payrolls around the league. Like I said, more than half the league will be paying out less than $50 million this summer.

Expiring contracts aren't nearly worth as much as some people seem to think. Colangelo didn't get Peja because he thought he could trade him for something. He got him because he wanted Bayless and some salary relief, both of which they got.

[Matt52]

How does the trade that brought him suck for the Raptors? They got Bayless and have more cap room this summer. Even if you don't throw Peja in, I'd still do it for the Raptors.

As I said on one of the front page articles...



Expiring contracts aren't nearly worth as much as some people seem to think. Colangelo didn't get Peja because he thought he could trade him for something. He got him because he wanted Bayless and some salary relief, both of which they got.

I was about to reply when I read your response. That about sums it up.

[Raptor4Ever]

How does the trade that brought him suck for the Raptors? They got Bayless and have more cap room this summer. Even if you don't throw Peja in, I'd still do it for the Raptors.

Lets Look at it differently:

Bc signs Jack to a contract that is more than his real market value. Just after 2 season, he sees that it is not working. To off load Jack, he has to pick up Peja's contract ( pay 10 million) and also take back Bayless, unproven, injury prone , shoot first, no vision PG.

I am just wondering who contract we should get next summer when BC tried to trade away Kleiza