Report: Turk dealt to TOR for TPE. Page 17.

[PEC 0]

quote:

Originally posted by ball junkie:

quote:

The Toronto Raptors and Dallas Mavericks agreed in principle Wednesday night to a complicated four-team sign-and-trade deal including the Memphis Grizzlies and Orlando Magic that will land Shawn Marion in Dallas and Hedo Turkoglu in Toronto, sources close to the process told ESPN.com.

 

The teams have scheduled a trade call for Thursday.

 

The Raptors and Magic agreed to handle Turkoglu as a sign-and-trade for two reasons. First it allowed the Magic to acquire a significant $8 million plus trade exception. Second, it allowed the Raptors to retain their mid-level exception. The Raptors are now free to spend their full mid-level on another free agent.

 

Several other players including the Raptors' Kris Humphries and Quincy Douby, the Mavericks' Jerry Stackhouse, Devean George and Antoine Wright and the Grizzlies' Greg Buckner are part of the trade according to sources. The Grizzlies will be getting Stackhouse, Douby and cash, sources said. George and Wright will end up in Toronto, according to the same sources. Humphries and Buckner are on their way to Dallas.

 

Click here for the rest of the article:

 

http://sports.espn.go.com/nba/news/story?id=4314637

 

You know what is funny espn and others are disagreeing about the amount for the TE.

I wonder when they are going to be on the same page.

Ford and Stein were slow on getting Orlando is this story while Yahoo Sports got it right the first time. lol.

[deadman54 7]

interesting

 

i wish espn would dig deeper rather than give us these teasers all the time

[Wharf Rat 94]

I'm thinking the 4th team has to be Orlando landing Bass...

[nobandwagonhere 0]

we could do a sign and trade for gortat to get in it or hedo since he is going to the raptors. or even both to a sign and trade since both there teams are in this

[NickAnderson 14]

lol no way that happens.

[ball junkie 277]

New update...

 

quote:

The Dallas Mavericks and Toronto Raptors, living up to the wild tenor of the past few weeks in the NBA, have hatched a complicated sign-and-trade arrangement that went through numerous constructions Wednesday before resulting in an agreement in principle that will send Shawn Marion to Dallas and also absorb the Raptors' much-anticipated signing of Hedo Turkoglu.

 

Sources close to the negotiations told ESPN.com on Wednesday night a trade call has been scheduled with the league office for Thursday, indicating all sides have agreed to the terms of a transaction that, in its final form, will also involve the Memphis Grizzlies and the Orlando Magic.

 

Sources said the Mavericks, after securing Memphis' participation as a third-team facilitator, contacted numerous teams to expand the deal and believed they were close to securing a fourth trade partner from the Eastern Conference. That team, according to ESPN The Magazine's Ric Bucher, was the Chicago Bulls and would have landed Tim Thomas with the Mavericks.

 

But one source close to the process later told ESPN.com that the deal was scaled back to a three-team arrangement without Chicago before it was expanded yet again to fold in the Raptors' signing of Turkoglu.

 

The deal, according to sources, calls for the Mavericks to acquire Marion and Kris Humphries from Toronto and Greg Buckner from Memphis, with Marion to receive a five-year contract worth an estimated $39 million. Buckner has had two previous stints with the Mavericks but is likely to be released, sources said.

 

The Grizzlies will land Jerry Stackhouse from Dallas, Quincy Douby from Toronto and a substantial cash payment to buy out Stackhouse's contract. Only $2 million of Stackhouse's $7.25 million salary next season is guaranteed, as long as he is waived by Aug. 10.

 

The Raptors will receive Devean George and Antoine Wright from the Mavericks, while also preserving their $5.9 million mid-level exception for the coming season by turning their acquisition of Turkoglu -- who is getting a five-year deal worth an estimated $53 million -- into a sign-and-trade as opposed to an outright signing. Assembling the trade this way could also enable Toronto to re-sign Carlos Delfino, after it appeared that the Raptors would have to renounce Delfino to help make room for the Turkoglu signing.

 

The Magic, meanwhile, were motivated to join in the trade because their participation, as opposed to merely letting Turkoglu walk, will create a valuable trade exception they can use in future deals worth around $7 million.

 

The inclusion of Humphries, Wright and George gave the Raptors more financial incentive to help Marion find a new home via sign-and-trade, as both George and Wright are heading into the final year of their contracts, while Humphries has two years left on his deal. Toronto, furthermore, is in need of a shooting guard after Anthony Parker signed Wednesday with the Cleveland Cavaliers, so adding Wright gives them a credible starter until newly drafted DeMar DeRozan is ready to contribute.

 

Click here for the rest...

 

http://sports.espn.go.com/nba/news/story?id=4314637

[Rob 0]

quote:

Originally posted by A BETTER DJ:

From realgm... looks good! * Report this post * Reply with quote Re: Toronto/Dallas: S&T Shawn Marion, Memphis is 3rd Team PG 9 New postby EViLMiKE on Wed Jul 08, 2009 11:05 pm All this trade speculation is great! This has been a great lesson in Capology. For this trade what we know now for sure is 3 teams (TOR, DAL, MEM) are involved; with a possibility of a fourth team being added. Who is the 4th team? My guess - Orlando. The magic make a lot of sense being the 4th team, since they are a source and rumoured destination for players from TOR and/or DAL. I could see the trade being expanded to include at the very least Gortat, Bass, and Hedo. It's a good bet that Gortat and Bass will be trading teams, and Hedo is obviously going to TO. ORL, DAL, and TOR could all save their MLEs by working together. Something like this is hugely beneficial to all team involved: TOR Trades: Shawn Marion $22 million/3 years (flat) Cash $3,000,000 Future 2nd Round Pick TOR Receives: Hedo Turkoglu $53 million/5 years (10.5% inc) Why? Raptors get Turk, keep the rights to their bench, and keep their MLE and LLE. DAL Trades: Jerry Stackhouse $7,250,000 Brandon Bass $15 million/4 years (flat) Antoine Wright $1,800,000 Cash $3,000,000 Future 2nd Round Pick DAL Receives: Shawn Marion $22 million/3 years (flat) Marcin Gortat $32 million/5 years (10.5% inc) Why? Mavs get Marion and Gortat AND keep their MLE. MEM Receives: Jerry Stackhouse $7,250,000 Cash $3,000,000 Future 2nd Round Pick Why? Stack is bought out for $2 mil. Being financially prudent just made $1 million and a second round pick for MEM. Not bad for doing nothing. ORL Trades: Hedo Turkoglu $53 million/5 years (10.5% inc) Marcin Gortat $32 million/5 years (10.5% inc) ORL Receives: Brandon Bass $15 million/4 years (flat) Antoine Wright $1,800,000 TPE (non-simultaneous) $8,700,000 Cash $3,000,000 Future 2nd Round Pick Why for ORL? Hedo and Turk are gone anyways, might as well get back something in return. Bass, Wright, a huge TPE, Cash, and future 2nd is a big incentive to join the other 3 teams. EViLMiKE Sophomore Posts: 158 Joined: Wed May 27, 2009 10:55 pm

 

So if we are the 4th team we have a chance to trade and keep our full MLE. Thats great news. Pickup Bass and get 2-3 players with the MLE. That would be so good for us.

[Old No.7 0]

If we did a sign and trade for Hedo would we not have to bring back comparable salaries? Can someone help me out here?

[FENDI 4]

From my understanding a favor from Cuban. In fact, they wont even lose anything in the deal because Cuban will be paying the money they'll use to buyout Jerry.

[ball junkie 277]

quote:

Originally posted by Jareth Cutestory:

quote:

Originally posted by truth393:

OKC

This.

 

I'm 100% sure it isn't us, so who cares.

 

This is freakin' hilarious!!!...Jareth, are you there???...I'm laughing so hard right now I can hardly control myself...

 

Jareth isn't the only one that needs to eat a little crow on this thread...

 

Freakin' Hilarious!!!!!!!!!!!!!!!!!!

[deadman54 7]

its prob new york i saw on nba.com the other day that mavs and knicks were well into the luxary tax

[Jareth Cutestory 678]

quote:

Originally posted by truth393:

OKC

This.

 

I'm 100% sure it isn't us, so who cares.