We are trading Ben for Chandler.
No, we're not. For crying out loud.
I'll explain this once. The motivation of New Orleans to trade Tyson Chandler is that they are in financial trouble
now, and they need to shed salary for
next year. This is why they were willing to give Chandler away at the trade deadline, to Oklahoma City for the expiring contracts of Joe Smith and Chris Wilcox.
New Orleans is in dire financial straits, dire enough that they were one of the recipients of the David Stern-engineered financial "bailout" of NBA teams about a month ago. Despite this, they currently have a luxury tax number of
$77M next year - well above what will be a shrinking luxury tax level for 2009-2010.
Ben Wallace makes
$14M next year. Tyson Chandler makes
$12.2M. How, exactly, will trading the two help New Orleans next year?
The fact that Chandler would come off their cap for 2010-2011 is not a relevant consideration right now for the Hornets. They need to make a move with their 2009-2010 survival in mind, and they need to find a way to get under the luxury tax
now.
The trades that will be attractive to New Orleans will include: trading Chandler to a team with salary cap space, such as Detroit, Memphis, or Oklahoma City, if one of those teams is willing to blow their salary cap space on Chandler. Otherwise, New Orleans will look to trade Chandler for someone that has a partially guaranteed contract for next year - like Sasha Pavlovic.
Now, I can absolutely see New Orleans offering us Chandler for Varejao-and-Pavlovic, with Andy going out in a sign-and-trade. New Orleans would then waive Pavlovic, and would save about $5M in salary and an equal amount in luxury tax next year. That trade, I think, would be ours for the taking if we want it. The other option for New Orleans will be Dallas, in a combination that sends Chandler to Dallas and sends Jerry Stackhouse's partially guaranteed contract to New Orleans.
However, there is no chance that the Hornets will take a Wallace-for-Chandler offer from the Cavs. None. Okay?
EDIT, 6/3/09. I should note that I posted this before there was discussion about Big Ben taking a buyout for next year and retiring. Obviously, the situation has now changed.