Thursday, July 2, 2009

NBA Free Agency: Where Expiring Contracts happen.

As Free Agency gets underway and speculation about who is going where flies around the league, the sexiest trades these days involve getting nothing for something.

The expiring contract deal is the new "in" thing in basketball. It works with a team trading players, draft picks and/or cash to another team in exchange for a player(s) whose contract is up at the end of the next season.

The giving team gets assets that may help their team, and the receiving team gets money off of their books the next off-season to go after whatever big free agents are out there (or just to save some money).

Everybody seems to be gearing up for the "big free agent class of 2010" that involves Lebron James, Dwyane Wade, Chris Bosh, Amare Stoudemire, Paul Pierce, Ray Allen, Tyson Chandler, Manu Ginobili, Richard Jefferson, Joe Johnson, Tracy McGrady, Yao Ming, Steve Nash, Dirk Nowitzki and Michael Redd....

What they cram to understand is that most of these players aren't going anywhere, and there will be a ton of teams with no big free agent signing and a lot of money to blow.

Something tells me that while 2009 will be where Expiring Contracts happen, 2010 will be where Highly Overpaid players happen.

No comments: