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Dead money contracts still exist across NBA
Posted By HOOPSWORLD On March 1, 2013 @ 2:00 am In Wirenews | Comments Disabled
by Eric Pincus, USA TODAY Sports
Every team in the NBA tries to put together a productive roster, but along the way mistakes are made.
Injuries, a difficult inevitability in the league, happen during the year. It’s over the summer (or via midseason trade) when teams often inflict the most damage on themselves by spending foolishly.
The Charlotte Bobcats have two players who rarely see the floor. Tyrus Thomas has two more years on his deal at $18.1 million — in addition to the $8 million the Bobcats pay him to not play this season. DeSagana Diop is finally in the last year of his deal at $7.4 million.
The Bobcats still have their amnesty clause should they decide to purge Thomas from their books, but he’ll still get his salary.
It’s still a great mystery why the Golden State Warriors used their amnesty on Charlie Bell instead of the seldom-used Andris Biedrins. The center has made 47 appearances this season, but the 36.4% free-throw shooter is averaging 0.5 points a game.
Biedrins makes $9 million and unless he opts out of his contract, he’ll make another $9 million next year.
The Milwaukee Bucks can still use their amnesty on Drew Gooden, who hasn’t been a factor this season despite his $6.7 million salary. Gooden has $13.4 million left on his deal over the next two years.
The Brooklyn Nets (while in New Jersey) saw that Travis Outlaw was unproductive and overpaid, so they amnestied his dead contract from their books. The Sacramento Kings decided to claim him off amnesty waivers so they could have that privilege. While $3 million a year through 2014-15 is better than $7 million a year, it’s still a lot to pay for an inconsistent player.
The Utah Jazz just told Raja Bell to stay away from the team this year, despite his final year at $3.5 million.
Al Harrington just made his season debut for the Orlando Magic, but his contract isn’t as bad as it seems. Harrington is owed $7.1 million and $7.6 million over the next two years, but only half is guaranteed.
Other contracts might qualify as dead money, but are less damaging. Both Devin Ebanks … [For more on Despite new CBA, dead money contracts still exist across league, click here.]
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