Dell got some (almost?) free picks for the Hornets.
This one is not about players. The Timberwolves were trying to clear salary cap space so they could actually tender all the contracts they promised to Brandon Roy, Nicolas Batum and Alexey Shved this off-season. Brad Miller had about $850k worth of guaranteed salary for this year left on his contract, and the Wolves needed that space.
Enter the Hornets and their unused cap space. The price: The Timberwolves’ 2nd round pick in 2016, the Brooklyn Nets’ 2013 (edit: 2nd round) pick (which the Wolves owned) and an undisclosed lump of cash to presumably pay most of the $850k Brad Miller was due.
We will not see Brad Miller in a Hornets uniform – unless the Hornets want to pick up the extra $5 million in non-guaranteed salary in Miller’s contract. Considering he hasn’t played well in five years and hasn’t played meaningful minutes in two, I’d guess that won’t happen.
Still – these are the sorts of deals you can make if you remain below the salary cap. Bravo, Mr. Demps.
26 responses to “Hornets “Acquire” Brad Miller”
Which round for Brooklyn’s pick? 2nd also? Is the cash worth two 2nd rounders?
Sorry. Updated it. It’s the Net’s second round pick as well.
2nd round picks can sell anywhere from 300k to 3million in the past, though that will be less frequent now under the new CBA, which limits how much cash teams can put into transactions each year to 3 mill a season.
The salary is essentially league minimum too – so it doesn’t count against our cap.
In other words – our cap took no hit, we got two picks, and the team probably has to pay a few hundred thousand at most for the honor.
It’s worth it, even if it’s not exactly earth-shaking.
So, if I’m reading this correctly, we just picked up two second-round picks at a ridiculous discount without taking a cap hit… Excellent \(^_^)/
As Ryan pointed out last year, it’s doubtful that a second-round pick will become a meaningful contributor…
http://www.hornets247.com/blog/2011/06/22/the-value-of-a-draft-pick-2011/
…That being said, I suspect that Dell is stockpiling picks as currency for next year’s free agency. These are truly exciting times.
We are stockpiling some picks huh? These things are going to pay off big time. Either we can take a player, or use those picks to acquire a solid vet to go with our young core.
Anytime you can pickup draft choice for a cheap price then that’s a good deal. I not sure if Brad at this time can jump and breathe at the same time. What I have notice a lot of teams seem to help each other out when they are dumping salaries.Getting future picks is always good. You never know when you might get lucky, Ginobili ,Blair and Parker from the Spurs. I am hoping Miller joins that class.
P.S. Motiejunas is off the hook!!!!! If I am the Magic and I trade with Houston, he is a must in that deal.
When is the deadline to match the Sun’s offer sheet for Gordon? I know it’s tom. but what time? and Why havn’t we yet?
Tomorrow at around 4:00. We are waiting the full 72 hours to match the deal because during that time we can use our cap space, without gordons Max deal impacting it.
Pretty good move Dell haha, getting 2 second rounders for like 30% the price of 1.
I’m confused do we get the two 2nd round pick, the cash, or /& Brad Miller. Someone explain to me what’s going. Because the title say we acquired B.Miller but reading this article kinda states possibility of acquiring him.
Miller won’t play. It’s all technical with the cap.
Great move as long as he continues to work on others. 2nd rounders can be added to many packages to get good deals done in the future so this is great.
[…] Hornets acquired a pair of second-rounders (and Brad Miller’s contract) in return for cap space today from a Minnesota team desperately […]
In addition to being used in trades, 2nd round picks are useful for teams looking for depth and overlooked talent at a good price (see San Antonio in this year’s draft). Which, if things work out as planned, will be the position New Orleans will be in come 2016 …
We should call 911 for this robbery.
This is the kind of move other teams used to do with the hornets. With benson as the owner, we have money to deal.
with those 2 second rd pick i think we will go euro der….stockpile talent as many as possible…good job demps
The Mavs got Brand and now they want Scola Demps need to bid high
Sorry we missed Brand,especially since he was so cheap. If we go after Scola we will have to cut Smith . That would definitely be a tremendous upgrade, plus worth the money if we can sign him for 2 or 3 yrs.
Are you serious, cut Smith? He was most improved in monty’s system. More valuable then more then 50% of this roster. Scola has offense but zero defense. Hope we don’t even look at him
If Jason Smith is more valuable than 50% of your roster, then you are doing something inherently wrong in running an organization.
I think he means that Jason Smith is more of an asset than half the players on our roster, considering the roster contains vasquez, henry, aminu, miller (cut), lewis (cut), and the rookies (maybe gordon too) and I am likely to agree with him.
Well Graduation, where did you advance from? Kindergarten? I said THIS roster not YOUR(mine) roster. Jason will get more playing time then half of the guys currently on this team. That is a fact. Furthermore; lets just end this bantering because it is obvious that you know not and know not that you know not.
Ok!!!!!!!! alot of talk about this in that, this is what I want to know! Will the hornet’s this season 2012/2013 will they make it to the playoffs? If not who do we need to add to the roster to make that happened?
Sencerley yours
Hornet’s fan for life
First off, the Hornets have actually “Reacquired” Brad Miller. (He was a member of the team back in the early 2000s in Charlotte.) And maybe it wouldn’t be such a bad thing to pick up the money on Miller’s contract if we don’t get another center in free agency. He’s 7″0, and he’s an excellent 3-Point Shooter, so I wouldn’t mind having him stretch the floor and teach Anthony Davis a thing or do. (like he did with Joakim Noah in Chicago). The Hornets need a tall center with some muscle which is what Miller has, and with Denver looking like they’ll keep JaVale McGee, Miller may be the best option left. (Oh, and we need a veteran leader with Jarrett Jack gone. Jason Smith is not going to cut it.)
With the signing of JaVale McGee by Denver, Brad Miller is the most realistic option at the center position. So I say pay the money. (What does Miller have to lose form accepting an extra 5 million plus the benefits of a larger pension from 1 more year?)
Player Traits:
7″0
Over 220 lbs
3-Point Shooter
[…] our prior examination of the salary cap, the Hornets have traded for Brad Miller and signed Eric Gordon. Let’s talk about these, then look at our salary figure and what it […]