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TOPIC: Howard's Buy-out Financial Cap Implications

Howard's Buy-out Financial Cap Implications 5 years 6 months ago #2852

  • College Wolf
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According to this article, the Wolves are paying him $10 Million over the next four years:


http://www.startribune.com/wolves/story/1516287.html


Two things:

1) Those are GREAT figures for the state of our cap. Only taking a $2.5 Million cap hit the next four years is extremely manageable. I like that they are spreading it out like that.

2) However, It's not a very good deal in my opinion. WHY are they paying him that much? Just to appease him and let him go? I would have insisted on him getting a maximum of half of what he was owed ($7 Million or so), otherwise he could have stayed here. It just seems like they overpaid to get rid of him. By all accounts he is a great clubhouse guy, and I can't imagine that his attitude would have done a complete 180 if he didn't get his way and had to stay.
Question: "Hey Antoine Walker, why do you shoot so many 3's?"

Answer: "Because there are no 4's."
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Re:Howard's Buy-out Financial Cap Implications 5 years 6 months ago #2854

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\"We had some offers from teams that weren't playoff teams that wanted a veteran leader,\" McHale said. \"He (would have been) in the same position he was here. He wasn't happy about that. We had some offers where we were taking back longer contracts. Roughly the same money, maybe a little bit of a savings over the next year or two, but that third year came in. And in that third year (the summer of 2009), we have an opportunity to be a big player in the free-agent market.\"

I agree that would should have gone much lower than $10 million. From the sound of this the wolves had leverage. They ask him to take much less or he's either a wolf, on another poor team or he is a free agent and it is on him to make up that money in his next contract.

If McHale isn't going to put the Twolves best interests infront of those of a player who has never played a game for the wolves we need a new GM NOW.
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