re: Official Free Agency and Trade Thread: Latest Pels sign Charles Cooke to 2 way

quote:

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1) sign holiday (to whatever contract he and MIN agree to?)
2) rubio is at $14.25MM, so how much more salary would the pels have to take back assuming holiday is north of 20?
3) the biggie...would the pels really have to send a pick asset if MIN is getting the "better" player?

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The Pels sign Holiday using his Bird Rights, the Timberwolves have something like 22 mil in cap space even before trading away Rubio, so their cap space minus Rubio's contract would allow them to fit Jrue into their team without going over the cap. The Pels can take back Rubio plus the difference between Rubio's salary and Jrue's salary as a TPE.

For example:

Pelicans sign Jrue to a 4/110 contract (flat 27.5 per)

Minnesota fits Jrue into their cap because they have 22 in space and they are sending out Rubio (Jrue is only 27.5 mil, so he fits in easily)

Pels get back Rubio and his 14 mil in salary, and get an 13.5 mil TPE (the difference between Rubio and Jrue's salary), allowing them to stay above the cap

It's likely that Minnesota couldn't fit Jrue into their space without having to make other trades and they are attempting to trade Rubio anyway, so they could do this without the Pelicans having to give up an asset.