An interesting wrinkle to how the Magic pulled off their Tobias Harris trade has surfaced. Our own cap guru Eric Pincus revealed that prior to the Brandon Jennings/Ersan Ilyasova trade with the Detroit Pistons, the Magic renounced rights to free agents Willie Green and Jeremy Richardson, which dropped them below the salary cap and negated the Traded Player Exception the team received this summer for trading Moe Harkless.
By dropping below the cap prior to the trade, the Magic have the option to immediately re-trade either of the players they acquired in a package deal.
While Magic general manager Rob Hennigan spoke highly of both players after the trade and praised how well both would fit into the situation in Orlando, they do have the option to pack either of those guys into a deal to make a splashier move if it surfaces.
It is highly unusual for a team to renounce player rights prior to a trade unless there is the possibility of something bigger where those restrictions could be a factor. This is likely a case of keeping your options open, but it’s an interesting wrinkle for the Magic.
Boston Celtics Officially Waive David Lee
The Boston Celtics announced today that they have waived forward/center David Lee.
“We thank David for his contributions to our organization and wish him nothing but the best in the future,” said President of Basketball Operations Danny Ainge.
Lee will become an unrestricted free agent if he clears waivers (as expected). Prior to being waived, Lee was the Celtics’ highest-paid player this season since his 2015-16 salary was $15,493,680.
The veteran big man appeared in 30 contests for the Celtics this season. He averaged 7.1 points, 4.3 rebounds and 1.8 assists in 15.7 minutes per game over that span.
Suns Expected to Waive DeJuan Blair
The Suns also acquire Blair, whose contract has a $2 million team option for next season, and Humphries, who is under contract for $4.6 million next season. The Suns are expected to waive Blair immediately.
VIDEO: NBA Trade Deadline Reaction
Did any move made before the NBA trade deadline make a true difference? BasketballInsiders’ Steve Kyler joins CineSport’s Noah Coslov to discuss what happened and didn’t happen on Thursday.
Did any trade-deadline deals make a true difference? Basketball Insiders’ Steve Kyler joins CineSport’s Noah Coslov to discuss what happened and didn’t happen on Thursday.[Editor’s Note: The Memphis Grizzlies received four second-round picks in the Courtney Lee deal, not first-round picks as stated in the video.]