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Posted

Hollinger says Reed might come back.  I didn't think you could sign a player you cut until next season.  But I guess you can.

Quote

The key here is that waiving Reed and signing a minimum contract on Sunday allowed the Pistons to slow their roll toward using too much of their $12 million in cap space before the trade deadline. Reed’s contract chewed up about $45,000 in cap room per day; the newly signed McCoy does so at just under $8,000 a day.

Sunday was also the first day that replacing Reed with a pro-rated veteran minimum deal would keep Detroit just above the salary floor. Detroit ended up $1.42 million below the floor after waiving Reed; the pro-rated veteran minimum is $1.44 million. (Note that it’s also possible Detroit could waive McCoy after two days and then re-sign Reed to a minimum deal once he clears waivers; the fact they signed one of their own G Leaguers rather than promoting a two-way player makes me think this is at least somewhat possible.)

By operating this way, Detroit heads into the trade deadline with $14 million in cap space rather than the $10 million it had with Reed on the books and still keeps itself above the salary floor.

 

Posted

If I'm a potential trade partner, I value his unguaranteed contract way more than $4M in cap space.  Especially since Detroit is the only team in the league currently with cap space.  It has diminishing returns.  

 

Posted

His deal wasn't guaranteed until Jan 10th.  Until then, the Pistons could have offered the $10.5 plus the $7.7M his contract was worth.  Way more than $14M.

The only advantage I see here is it lets them use it past the Jan 10th deadline.

 

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