Let me preface what I'm about to say with this: I completely understand/agree that Pau's production for his price is unacceptable. It's not just his $19 million contract. It's the luxury tax penalties that will occur because of his overpriced contract too.
But I think there is one negative aspect to trading Pau that is enough to justify keeping him and that reason is tampering with the 2014 free agency plan.
If we trade Pau just to trade Pau, our options are limited. We're not going to get a return for him that we would have gotten 2-3 years ago and we're probably going to have to take on a mishmash of players that don't necessarily contribute any more than Pau does. The worst part is that chances are that at least one (probably more though) of the players we'd be trading for would have contracts longer than one year, thus hurting our cap space down the road. So it's taking on two to three players at (on average to equal Pau's salary) about 6 or 7 million each that would extend past 2014 and mess up our potential to rebuild that summer.
If we kept Pau, we could eat his contract for one more year and then get complete relief after that. We could even re-sign him at a rate that makes sense for his level of production at this stage in his career (assuming he'd be willing to take that pay cut, which he'd have to do anywhere he goes). Having Pau as a rotation player/backup center for 5-6 million isn't so bad.
The bottom line is Pau is most likely going to be better than any individual player we would receive if we traded him. So instead of trading him and taking on possibly three contracts, we could wait one year and get Pau on a reasonabe contract or even let him go and get the entire 19 million of cap space.
Plus, it'd keep our core together for one more year and give the team another chance to try to avoid all these injuries and make a run at it.
All bets are off if we get some crazy offer for Pau though of course.
tl;dr version: Instead of trading Pau, we might be better off letting his contract expire and re-signing him for a reasonable contract or just letting him walk instead of taking on multiple, longer contracts that would interfere with our 2014 free agency plan.
Edited by zmarchbank, May 02, 2013 - 01:17 PM.