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Originally Posted by HankMoody

Originally Posted by 617jordanhead

This is why the trade didn't happen

- every team over the luxury cap (70 million) pays a dollar for dollar tax on everything past that cap. So if the Lakers had a 91 million dollar payroll, they'd have to pay an additional 20 million in luxury tax charges, bringing their payroll cost to 111 million.

Instead, they drop their payroll by 10 million on the backs of the New Orleans/NBA franchise. So not only are the owners taking on an additional 15 million in payroll, they're losing an additional 10 million dollars that would have been redistributed in revenue sharing.
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This too. Good point.
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Very good point.
 
Originally Posted by gangsta207therevolution

617jordanhead wrote:
This is why the trade didn't happen

- every team over the luxury cap (70 million) pays a dollar for dollar tax on everything past that cap. So if the Lakers had a 91 million dollar payroll, they'd have to pay an additional 20 million in luxury tax charges, bringing their payroll cost to 111 million.

Instead, they drop their payroll by 10 million on the backs of the New Orleans/NBA franchise. So not only are the owners taking on an additional 15 million in payroll, they're losing an additional 10 million dollars that would have been redistributed in revenue sharing.
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Very smart and that is something I didnt remember.

  


This is the real reason the trade was vetoed.
 
Originally Posted by 617jordanhead

This is why the trade didn't happen

- every team over the luxury cap (70 million) pays a dollar for dollar tax on everything past that cap. So if the Lakers had a 91 million dollar payroll, they'd have to pay an additional 20 million in luxury tax charges, bringing their payroll cost to 111 million.

Instead, they drop their payroll by 10 million on the backs of the New Orleans/NBA franchise. So not only are the owners taking on an additional 15 million in payroll, they're losing an additional 10 million dollars that would have been redistributed in revenue sharing.
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Really was not fair to NO from the start.  Only folks saying NO was getting a good deal were Laker fans.  
Seriously I think the Clips are a better spot for Paul.  Would be great for the NBA.
 
Originally Posted by Cyber Smoke

Doesn't the league have to approve ANY trade that goes on throughout the season ? It still would have to go through league approval this new CBA is about "Competitive Balance" yall won't be able to trade for D'wight .
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You crazy if you think the owners sneaked in a competitive balance rule/clause when it comes to the NBA approving trades. That only has to do with making sure the money matches up and checking if players passed their physicals. They can't stop trades on the basis of competitive balance. We'd be locked out forever on that condition alone.

If Paul walks and they get nothing, fine. NO needs to rebuild. I doubt any potential owner thinking of NO would want players upping their salary that they can't build around anyway.

The revenue sharing is a good point as well. Small market owners probably dropped knowledge on Stern with the #s
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It is amazing how the gasol for trash went through in 2008 if stern has veto powers/nba is rigged

jerry west
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Originally Posted by HarlemToTheBronx

Originally Posted by HankMoody

Originally Posted by 617jordanhead

This is why the trade didn't happen

- every team over the luxury cap (70 million) pays a dollar for dollar tax on everything past that cap. So if the Lakers had a 91 million dollar payroll, they'd have to pay an additional 20 million in luxury tax charges, bringing their payroll cost to 111 million.

Instead, they drop their payroll by 10 million on the backs of the New Orleans/NBA franchise. So not only are the owners taking on an additional 15 million in payroll, they're losing an additional 10 million dollars that would have been redistributed in revenue sharing.
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This too. Good point.
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Very good point.
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Quite. Indeed.
 
Paul doesnt have a legit complaint. The owner nixed the deal because it didnt make finanical sense for them. Thats the excuse he will get. But Chris and the league will reach the resolution that he can be traded, but the league cant lose more than 10 million in the deal.
Meaning that if the Lakers want to do a straight deal with NO they can try. If they want to restructure the 3 team deal they can. But adding money + losing the Lakers tax revenue gives them a legit complaint.
 
Originally Posted by HankMoody

NBA has owned the Hornets for 12 months. What other trades have transpired?
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The Marcus Thornton-Carl Landry swap.

Mark Cuban didn't like that trade either because the Hornets were adding salary.
 
Originally Posted by HankMoody

Wizard, trade deadline. The league just opened back up. Give them a second.
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What big difference would that make?
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Hornets made all the right moves doing this now...they had the league's permission the whole way. These gump owners went from looking bad to WORSE w/ this fiasco.

I wish this would've happened to a team that's not hated by most of the country so feelings wouldn't be involved. *+@@+% should see much of a ho move this was on the part of Stern and his flunkies. Make what you want about this super team %%*% but this wasn't the Gasol to LA trade. Everyone knows Chris isn't staying in NO so you make the best deal. Whatever ends up happening would not have been better than this.

What a joke.
Some owners pushed Stern to demand that trade be nullified, and the Hornets be made to keep Paul on the roster for the foreseeable future, sources said. Dallas Mavericks owner Mark Cuban was one of the most vocal in a chorus of owners irate with the belief that the five-month lockout had happened largely to stop big-market teams from leveraging small-market teams for star players pending free agency.

Say it ain't so, Mark.
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Originally Posted by Mamba MVP

CP3 isn't attending Hornets training camp tomorrow and is going to take up issue with players union
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GOOD.
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