Posted by crzymdups:
Posted by Solace:
Bonn already corrected me on the $3 million. You're right, I left out the $3 million. The point still stands. 8 figures for a guy projected to be a second rounder is a little high. Teams were selling first rounders for $3 million.
The point is a flawed one. We didn't buy the pick. We traded an expiring contract for a player Larry Brown begged for and a pick.
And we have another tradeable asset (at the expense of the salary cap). I am not concerned with the cap to the extent of money wasted. It isn't as if MSG would lower ticket prices if they were below the cap. The only issue is the ability to sign top level free agents since cap flexibility is further away.
The other approach to the cap is to forget the luxury tax implications and to consider high-salary near-expiring contracts as a commodity. They can be used to pick up a talented player once the team is in contention. In this distorted and highly skewed view, IT preserved an asset by not allowing AD's contract to expire. Necessary to this theory is having a few expiring contracts each year. Jalen, as an expiring contract this year, preserved trade flexibility for another year. (BLECK, it hurts to say it like this, but economically expiring contracts are far overvalued with respect to actual talent.).