Larry Coon breaks down KG trade numbers

sweet dreams, kgSalary Cap guru Larry Coon breaks down the KG numbers. This is very VALUABLE information indeed. More sports writers should look into this – as many proprosed deals wouldn’t even work under the CBA.

Just to put official numbers on the table, here’s where the numbers for a Garnett trade officially stand, now that it’s July 1.

Garnett’s salary is now $22,000,000. His 15% trade bonus is still $6,750,000.

For a team to acquire Garnett’s base salary, they would have to send away at least $17,520,000. This is without his bonus, for reasons I’ll explain below.

If Garnett is traded, his entire bonus would now count against the acquiring team’s 07-08 cap. So Garnett’s incoming salary would be $28,750,000 if he gets his entire bonus. To trade for Garnett’s base salary and his entire bonus, a team would need to send out $22,920,000. If they send out at least this much, then Garnett gets his entire bonus. Also, if this happens, then the trade can be made upon a mutual agreement among the teams, and does not require Garnett’s consent.

If a trade sends out at least $17,520,000 but less than $22,920,000, then Garnett would receive some, but not all of his trade bonus. For example, if a team sent out $19,000,000 in salary, then the most they could receive in trade is $23,850,000. Since Garnett’s base salary is $22,000,000, this means his trade bonus would be limited to $1,850,000. The teams could still make the trade under these circumstances, but it would require Garnett’s consent to waive the remaining $4,900,000 of his bonus. This is the only circumstance in which the player can waive his bonus. they couldn’t, for example, send out $23,000,000 in salary, and ask Garnett to waive all of his bonus. He has to get it under those circumstances.

A trade bonus, by the way, is paid by the receiving team, and is due in a lump sum within 30 days after the trade. So the team that trades for Garnett has to write a pretty big check right away.

So to summarize, if the trading team sends out:

– Less than $17,520,000: Trade is not legal.

– Exactly $17,520,000: Trade is legal, but only if Garnett consents to waive his entire bonus.

– More than $17,520,000, but less than $22,920,000: Trade is legal, but only if Garnett consents to waive a portion of his bonus. He must still be paid the remainder of his bonus by the receiving team within 30 days.

– At least $22,920,000, but not more than $27,600,000: Trade is legal. Garnett receives his entire bonus (paid by the receiving team within 30 days), and Garnett’s consent is not required.

– More than $27,600,000: Trade is not legal if all salary goes to Minnesota. A third team must be involved to absorb some of the salary.

Chris Manning is a co-owner and video producer for TheLakersNation.com. In addition to his "LD2k" fan-video productions, Chris is working as the "Production Manager" for HS3; A Digital, Brand Strategy and Marketing company based in L.A. which represents the digital entities of numerous high-profile athletes. You can follow him on Twitter for a wide array of sports/Lakers talk!
  • ryguy2303

    well im down to donate…lol

    i bet kobe could spare a buck or two.

  • NY Kobe Fan 8

    lemme go get my checkbook

  • http://www.youtube.com/darkice18 darkice18

    ill be glad to take his bonus lol if he waives it!

  • TheMagicMan32

    damn!!!! back in the day they didnt have all these salary caps, rules, bonuses and shit. maes tradin sooooo much damn harder these days

  • k0be da 1 andonly

    its dam much harder right now cause the guy we tradin with is a Former CELTIC

  • ryguy2303

    [quote comment="4775"]its dam much harder right now cause the guy we tradin with is a Former CELTIC[/quote]

    true dat

  • Coca

    Damn Bulls getting in the mix is not going to help

  • cyrus

    That’s a lovely photo of Garnett. He looks like he’s tired of this bogus trade talks and ready to retire.

    Or maybe he is just saying:” c’mon Mitch, how long do I have to wait, get it done man….I am falling to sleep here… move your a$$ and get me out of here.”

  • J-Cool

    But The Bulls Is Not A Warm City.

  • J-Cool

    Cyrus Can You Believe Chris Mihm?

  • http://www.vivathegame.com VIVA THE GAME | Dating tips

    The Bulls would have to gut their whole team for Kevin Garnett. Don’t think that will happen.

  • http://www.youtube.com/darkice18 darkice18

    Chicago Tribune: “Nocioni, 27, told those same contacts that Paxson informed him in his season-exit interview that the Bulls’ No. 1 off-season goal is to acquire a scoring power forward. That might even further limit minutes for the manic Nocioni, who happens to play both at power forward and the same small-forward position as a burgeoning All-Star in Luol Deng. The Bulls respect and appreciate Nocioni’s grit, determination and skill. They would also gladly welcome the restricted free agent back—at the right price. But if Nocioni, resting in his homeland after a serious bout with plantar fasciitis in his right foot, commands an offer sheet in the $6 million to $8 million range, expect the Bulls to explore sign-and-trade options. The Spurs and Lakers are two teams that long have admired Nocioni’s style of play.”

  • Rpoc

    Why would Minnesota want Nocioni in a long 6-8 million deal when they’re anal about getting those type of contracts?

  • lakerfan81

    For any team to realistically trade for Garnett he would have to waive most if not all of his poison pill. The salary is just too high to match otherwise. So Garnett ultimately controls his own destiny.

  • BeRkS_kb24

    hey kobester!have you noticed anything where is kobe?, its been a week or 2,d draft day is done he hasn’t show up in the media..hmmmmmmmmmm!maybe something is done but i think it’s not KG maybe…..let’s just w8t!!!!

  • BeRkS_kb24

    J.O. can satisfy me KOBE already a monster he doesn’t need another monster!!!!!but I also like pau!!!!wa’t ya think kobester?????????!!!!!!!!!

  • lakerfan81

    I would rather have Gasol if he is available. JO is a talented player and good defender, but, He is more expensive, and has already said he would opt out after next season no matter what team he is on. Gasol is more of an inside threat and a better passer. He requires a double team more often than JO does as well.

  • shins74

    Would it make more sense to go and get JO instead of KG, just for the fact of that 15% trade clause, as much as I would like to bring in KG, it seems more feasible to get JO that would cost 6 million dollars less, I think what is making the lakers not make the trade is that freaking clause, every team that has been in contact for KG has asked him to drop the clause and he won’t do it, obviously I wouldn’t do it either is a huge amount of coin to drop, unless Buss goes out of his way (highly doubt it) and resigns KG and spreads that 15% over don’t know 4 more years than I can see that, but having a 28 million cap hit for 07 and 08 is damn too much, hopefully something more reasonable can be worked out for KG, but as of right now economically JO sounds better.

  • http://www.vivathegame.com VIVA THE GAME | Dating tips

    The Lakers can make it up in the increase sells of merchandise and championship shirts. Not alone the higher prices on everything once Kevin Garnett comes in. Thank God. Jerry Buss is a gambling man. This is a gamble I’m sure he will take.

  • EastCoastJessie

    I say Kobe should waive part of his salary to get Garnett if he truly wants to win. Take a page from the Shaq book and take less money (I can’t belive I just said that but hey…whatever it takes)so we can get Garnett.

    I’m sure he’d be willing to do it if it meant getting back to the good old winning days.

  • http://WWW.ALLSOUNDMUSIC.COM JCOTA

    J Cool, i can’t beleive his nerve man! He sits on hi A – - for the season and then wants to walk off the DL and ask 4 5.5 mil….ah…huh???

  • http://WWW.ALLSOUNDMUSIC.COM JCOTA

    Viva….Buss already raised the prices on tickets

  • lakerfan81

    The NBA does not allow players to negotiate their contracts mid contract. So Kobe can not take less money. This rule does not make much sense and should be changed.
    If you are really interested in winning championships, it does not make sense to go for a max contract.

  • kb24

    we shud sign him to a one year 2.5 mil contract and if he can prove himself then we ll give him a 5 mil contract

  • http://www.youtube.com/darkice18 darkice18

    http://www.rotowire.com/roto_to_gnews.htm?ID=85939&sport=nba

    Maurice Williams: Could be Dealt – 6/01/2007 7:38:17 PM

    Update:

    The Bucks are willing to re-sign Williams at $7 to $8 million per year, but the point guard’s looking for a starting number around $9 to $10 million, the New York Daily News reports.

    Recommendation:

    If they can’t reach a deal, the team is open to moving Williams in a sign-and-trade. Memphis is rumored to be interested in Williams, according to the Milwaukee Journal-Sentinel.

  • http://www.youtube.com/darkice18 darkice18

    i thought of a couple scenarios

    Odom to Orlando
    Darko/Bynum/Kwame/Farmar to MN
    KG/Hudson to LA

    Odom to Chicago
    Noah/PBrown/Bynum/Kwame/Farmar to MN
    KG/Hudson to LA

    Odom to Atlanta
    M-Will/Bynum/Kwame/Farmar to MN
    KG/Hudson to LA

    Odom to Portland
    Aldridge/Bynum/Kwame/Farmar to MN
    KG/Hudson to LA

    Odom to Memphis
    Warrick/Lowry/Bynum/Kwame/future 1st to MN
    KG/Hudson to LA

    Odom to Washington
    Jamison/Bynum/Blatche/Kwame/Farmar to MN
    KG/Hudson to LA

    I didnt check to see if these would work financially…i think most of them do…off the top of my head i’m sure the blazers would hafta throw in another player or two….memphis would hafta throw in another player or two….

    anyone else got ideas?

  • David

    [quote comment="4811"]The NBA does not allow players to negotiate their contracts mid contract. So Kobe can not take less money. This rule does not make much sense and should be changed.
    If you are really interested in winning championships, it does not make sense to go for a max contract.[/quote]

    God bless players like Karl Malone and Magic Johnson who are willing to do this. Unfortunantely in this day and age it is more about money than winning.

  • “Billy” Kupchak

    [quote comment="4804"]I say Kobe should waive part of his salary to get Garnett if he truly wants to win. Take a page from the Shaq book and take less money (I can’t belive I just said that but hey…whatever it takes)so we can get Garnett.

    I’m sure he’d be willing to do it if it meant getting back to the good old winning days.[/quote]

    Kobe CANNOT do that you idiot!

  • http://www.getgarnett.com Rok

    Lakers better do something by friday, when the summer league starts…

  • Mark

    Does anyplace have the new salaries for players? The Trade Machine only has the 06-07 numbers.

    For the record, the Laker’s offer of Bynum, Odom and Kwame adds up to $22,666,349 if you look at last year’s numbers but probably a bit more than that today.

    One of the problems most trade scenarios have is they leave MN with too many players. The don’t want to trade one guy for 5. What they really need is a deal that includes some of their bad long-term contracts going with KG. But, of course, the players MN actually want are young guys with small salaries and picks that don’t count at all (but will once signed). It also means taking on Farmar doesn’t really help as they already have too many guys.

    Easy to see why this trade is tricky to pull off. Our best chance was with Charlotte back when they were under the cap, but that is no longer a possibility.

    Hopefully we can get Atlanta to take Lamar for Al Horford. Then we can have

    Lakers: KG, Speedy
    Atlanta: Odom, Mark Madsen
    Wolves: Bynum, Kwame, Horford

    This still ends up with MN getting more guys than they trade out. The trade machine says it doesn’t work, but I think it will once Horford is signed, but only if KG waves most of the trade kicker.

  • kb24

    alantas not gonna trade speedy and horford for odom and mark madsen.

    lakers get kg , speedy
    pacers get lamar, bynum ,madsen ,hudson ,lakers 2nd pic
    alanta get joneal ,farmar ,sasha ,lakers pic ,pacers pic ,pacers future second pic
    wolves get shelden williams ,brown ,tyron lue lorenzo wright ,alanta pic lakers ,future first round pick

  • http://Lakers.com Ed24

    This article just means that the Lakers are going to get Garnett. There is no other team willing to pay Garnett’s 15% trade kicker. Jerry Buss already said that he would pay garnett’s trade kicker and his entire salary. Garnett is 100% going to be a Laker this up coming season. I gaurantee it.

  • lakerfan81

    ED24 its not a matter of paying the trade kicker its a matter of matching salaries. 23M is salaries is a lot to cover. Any team looking to trade with Minnesota would have to almost completely deplete their roster. For instance the Lakers would have to trade Odom, brown, Bynum a filler to get the minimum needed to get KG. The only way a KG trade is likely to occur is if he waves his trade kicker. That is why KG ultimately controls his own destiny.

  • IE Laker

    Hacksaw earlier reported that Lakers had already offered LO, AB, Kwame, and Jordan Farmar and the salaries matched with KG, Troy Hudson and Marko Jaric. The deal made sense for Minny as they wanted to dump Hudson’s and Jaric’s contracts on the Lakers.

    The Lakers balked at the $46 Million in contracts from Hudson and Jaric and have to pay the trade kicker from Garnett. Minny complained of LO’s contract. That my friends is a very invovled negotiation. Havent seen any other such reports with any other teams.

    Minny obviously wanted to see if someone dove in before the draft with a deal which included some star player and picks. But Minny knows PHX, CHI, G.S. can’t afford to pay the KG deal. Dallas won’t because KG and Dirk play the same position. Dallas and CHI being floated (mostly by Minn) to twist Buss’ arm. In turn, Dallas, PHX and G.S. stand to suffer the worst if the Lakers do get KG and are happy to try to stick it to Buss.

    Ed24 is right, the deal will happen as they are just quibbling over $$.

  • http://Lakers.com Ed24

    You’re right, but there is noway Garnett goes back to minny. Ultimately, he is going to be traded and the Lakers are the number one choice because Jerry Buss is the only owner willing to pay Garnett, according to Jerry Buss himself.

  • lakerfan81

    Heres an Idea I read. Mihm for Duhon sign and trade. Chicago is interested in Mihm and are shopping Duhon. Duhon does not fit a Phil Jackson PG but he is an average shooter (when he shoots), and a more than average defender. He had a PER of 11.3 last year. The lakers are lacking Defense not offense. This increases the back court defense a little bit, plus they wouldn’t have to use the MLE on Blake. This would allow the lakers to use The MLE on a player like Moore.

  • RC

    Laker fans, KG will not come to the Lakers. Listen to this, the lakers just signed Coby Karl (son of George Karl, Nuggets coach) to a free agent contract.

    Now that is a mistake waiting to happen. As soon as cancer Coby Karl gets lonely, he will call his father and give away all of the Lakers secrets, and the Nuggets will end up beating the Lakers in the regular season or the playoffs. The Lakers front office are the most stupid idiots (I agree Kobe) in the NBA. Hire George Karl’s little spy, his son, STUPID, STUPID, STUPID.

    And you KG fans think KG is coming to the lakers, not with this lakers front office, wishful thinking, PAY ATTENTION, they are idiots (and Kobe said it)!!!!!

  • http://Lakers.com Ed24

    RC, How do you know we signed Coby Karl? I can’t find that anywhere.

  • RC

    [quote comment="4857"]Heres an Idea I read. Mihm for Duhon sign and trade. Chicago is interested in Mihm and are shopping Duhon. Duhon does not fit a Phil Jackson PG but he is an average shooter (when he shoots), and a more than average defender. He had a PER of 11.3 last year. The lakers are lacking Defense not offense. This increases the back court defense a little bit, plus they wouldn’t have to use the MLE on Blake. This would allow the lakers to use The MLE on a player like Moore.[/quote]

    Lakerfan81, I like Duhon for Mihm and could see Duhon serving a starting role like Ron Harper served with Jordan.

    We could then use the MLE on a Center to replace the departure of Mihm, Kwame and Bynum.

  • lakerfan81

    heres an interesting article

    http://msn.foxsports.com/nba/story/6978156

  • http://Lakers.com Ed24

    DID REALLY FUCKEN SIGN COBY KARL? SOMEONE FUCKEN ANSWER ME.

  • cyrus

    ********Important News**********

    Golden State is not after Garnett, they want YI JIALIAN.

    http://www.hoopsworld.com/article_22558.shtml

  • IE Laker

    Never take anything RC says seriously

  • lakerfan81

    I don’t think they signed him to a guaranteed contract. I think he is coming to play with the summer league though. Its a good story. The kid has fought of cancer twice and now he is getting his shot to show what he can do.

  • DeepFrost

    http://msn.foxsports.com/nba/story/6978156

    check it out ppl!!…))..foxsports says KG to LA is the best..)

  • dakobestopper

    [quote comment="4867"][quote comment="4857"]Heres an Idea I read. Mihm for Duhon sign and trade. Chicago is interested in Mihm and are shopping Duhon. Duhon does not fit a Phil Jackson PG but he is an average shooter (when he shoots), and a more than average defender. He had a PER of 11.3 last year. The lakers are lacking Defense not offense. This increases the back court defense a little bit, plus they wouldn’t have to use the MLE on Blake. This would allow the lakers to use The MLE on a player like Moore.[/quote]

    Lakerfan81, I like Duhon for Mihm and could see Duhon serving a starting role like Ron Harper served with Jordan.

    We could then use the MLE on a Center to replace the departure of Mihm, Kwame and Bynum.[/quote]

    This would be a good deal. Duhon would be a better shooter as he would get more open looks. Plus a smart defender is absolutely crucial.

  • lakerfan81

    The problem with this scenario is that Chicago can just sign Mihm and use Duhon in a different trade. So upon further thought I don’t think it works. But I like it none the less.

  • RC

    [quote comment="4868"]heres an interesting article

    http://msn.foxsports.com/nba/story/6978156/quote

    EXCELLENT article, Charlie Rosen is one of the few NBA writers I have FULL respect for. He may be the best in the business!!!!

  • RC

    [quote comment="4878"]The problem with this scenario is that Chicago can just sign Mihm and use Duhon in a different trade. So upon further thought I don’t think it works. But I like it none the less.[/quote]

    Thanks for the update, that is what I thought, we could do a sign and trade with Mihm and ship his ass outta here to Chicago for Duhon!!!!

  • steve

    RC….you are a KNOB……what sort of wanker are you….go get a life you dog

  • RC

    [quote comment="4883"]RC….you are a KNOB……what sort of wanker are you….go get a life you dog[/quote]

    Post something worthy and BTW, go ahead Steve to tell your mother to stop sucking the milkman’s you know what. Now get it boy, post something laker or KG related, or I will tell the police about your mom’s PRO life, hahhahahahaha

  • steve

    RC…..at some point in everyones life we will all know someone with cancer ,its not something to joke about…dont worry about what my mums doing and lets all hope you have a mum or dad or role modle in your life to sort out the mess going on in your head ….and to to think at some point you may be a parent if your not already is very scary…its not something you joke about

  • RC

    [quote comment="4888"]RC…..at some point in everyones life we will all know someone with cancer ,its not something to joke about…dont worry about what my mums doing and lets all hope you have a mum or dad or role modle in your life to sort out the mess going on in your head ….and to to think at some point you may be a parent if your not already is very scary…its not something you joke about[/quote]

    Then keep it real, lay off any more personal mess, and I will do the same with your, you dig it BRO!!!!!!!!!

  • Mark

    [quote comment="4847"]alantas not gonna trade speedy and horford for odom and mark madsen.[/quote]

    Of course you are correct. That would have been more likely before the draft, but now everyone likes Horford.

    Future draft picks can be included in any of these scenarios, though, so that alone isn’t a reason to go another way.

    The more I think about it the more I believe the best deal MN is going to get is the trade with just the Lakers. Including Farmar in order to get back another bad contract would help them a lot. LO, AB, Kwame, and Farmar for KG, Troy Hudson and Marko Jaric. Is probably the best offer they will ever get. Third teams don’t seem to help.

  • DeepFrost

    stop ur fights and stay true fans… we ain’t gotta argue over some personal SHIT when we gotta pray 4 the best

  • steve

    RC…..sorry about that man but in the space of a year i lost 2 family members to cancer…im sorry about my reaction …its cool

  • RC

    [quote comment="4909"]RC…..sorry about that man but in the space of a year i lost 2 family members to cancer…im sorry about my reaction …its cool[/quote]

    Prayers to you and your family, I know cancer is going to hit a lot of us and it is far more consequential in addition to the person receiving cancer.

    I think we have enough bench players and first should start focusing on STARTER caliber players. As of right now, we only have Kobe (MVP) and Odom (4th or 5th option) as starters. All other 13 players we have or we will let go are BENCH players on most every other team in the NBA.

    But to keep it real, a prayer to your family members fighting the cancer, peace!!!