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Pistons Waive Josh Smith

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Imagine if you owed money to someone and you knew that the dollar was going to go way down in value two weeks from now. You'd rather pay them 3/5ths of that money after the dollar declines in value rather than pay now while the value is still high.

Same thing with the cap. Every cap dollar will be worth much less from 2017 on, so pay your bills when the dollar is worth less. In the meantime you get an extra 8 mil per year over the next two years to spend on assets while the value of the cap dollar is still high.

It makes all the sense in the world to spread this hit out.

Del's point that taking it all now despite that the more financially conventional approach is to push it into the future, could still be better strategy in the Piston' s particular case is fair enough. But I imagine even if the chance of some home-run deal this year is pretty much nil, most teams - even in the Piston's situation, are not going to cut off their options that way. A manager wants to have options, even if the chance of needing them is strictly unjustified optimism....

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Good day to be Josh Smith. You don't have to play in this dump anymore, still getting your full paycheck, and contenders are lining up to sign you.

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Even if the trade this summer did not include a first round pick, you still have to give SVG credit for waiving him now and not holding him onto him to try and prove a point. A lot of GM's would hold onto Smith in order to keep their pride in tact for having missed on dealing him earlier.

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Even if the trade this summer did not include a first round pick, you still have to give SVG credit for waiving him now and not holding him onto him to try and prove a point. A lot of GM's would hold onto Smith in order to keep their pride in tact for having missed on dealing him earlier.

that reminds me of what people used to say about dumars, that he was able to get rid of his mistakes. Well...how about you be good enough not to make the mistake in the first place?

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I keep reading and hearing the word "shocking" when clowns write or talk about this move. I guess everyone outside of Michigan thinks that Josh Smith was/is good?

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I keep reading and hearing the word "shocking" when clowns write or talk about this move. I guess everyone outside of Michigan thinks that Josh Smith was/is good?

It has to be clear to anyone that sees him that he has the hoops IQ of a special ed water buffalo.

Jennings is only slightly less mentally defective.

Great move.

Now they have cap space that every FA worth a crap will ignore and they will get the opportunity to add a couple more Charlie V/Ben G type deals when they get spurned by every 3rd level schmuck.

Plenty of cash for drummond and whoever soaks up Monroe's cap space though.

EDIT- oh, and I guess I won't have to worry about growing a porn stache....

Edited by weaselpuppy

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Crazy...would have rather traded him last summer if the deal was there, but if a pick was involved or not who knows. I agree it's highly unlikely sacred wouldn't want as pick back. You can't say that SVG is spinning it because he has an agenda but fir some reason not th I no that whoever leaked the original info didn't, IMHO.

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Good day to be Josh Smith. You don't have to play in this dump anymore, still getting your full paycheck, and contenders are lining up to sign you.

Haha. If real contenders sign this pos they will regret it. Can't shoot unless he is 3 feet from the basket. FT % is just terrible. 3pt % is almost is pathetic too. When they lose because the defense wants this clown to take the shot we can laugh at them. He is a losing formula to a winning team. I wish they would of cut him sooner but the new coach had to try and make it work otherwise he wouldn't of really been a coach. Pistons just got better.

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Positives...

Smith gone.

We didn't take back crap contracts

We didn't take back crap players

We didn't give up a 1st round draft pick

Maybe SVG thought he could make it work. Every GM in the league has been wrong about someone. He came in a GM and a coach. I'm glad he took the time to make sure that Smith was NOT the max contract player that JoeD thought he was. If SVG traded him this summer and he turned out to be a good player, peeps would be complaining about making too quick of judgments on players.

He did the prudent thing as a GM to evaluate him on his own.

We aren't going to need 5 million next year with cap going up. And in 5 years, 5 million will prolly be pennies in this league.

Good job SVG!

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All this talk about how we "arent going to need $5 million in cap space" seem a little short sighted to me. The cap is going up for everyone, not just detroit. So other teams are going to have mountains of cap space too.

Every little bit will help if you want a free agent.

Of course, if we're just going to bid for the cartier martin's, jodie meeks', and caron butler's of the world, cap space wont be an issue...

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That has disaster written all over it.

The Pistons won't be able to compete with any real teams until they get a guy who can actually play small forward. Butler and Singler don't cut it.

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It can't get any worse, can it?

It seems like Stan Van wants this team to be in the mold of his former Orlando teams. One big surrounded by 4 perimeter players. I think the writing is on the wall for Monroe, he's a goner and I don't think SVG would mind that.

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All this talk about how we "arent going to need $5 million in cap space" seem a little short sighted to me. The cap is going up for everyone, not just detroit. So other teams are going to have mountains of cap space too.

Every little bit will help if you want a free agent.

Of course, if we're just going to bid for the cartier martin's, jodie meeks', and caron butler's of the world, cap space wont be an issue...

Yeah, I think Scottwood raises a valid point about stretching the cap hit out and the timing of when this team could be a viable contender. I think I'd rather be done with the medicine now. I understand the time value of money et al, but I don't know how much of that concept is as valuable over remaining 2 seasons plus change vs how valuable that $5M might be in the 3 seasons after that. Maybe we will find out in the end that it won't make much difference. But with where they are now, I think it's better to just eat the money ASAP.

I am still surprised that they've actually waived him.

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Yeah, I think Scottwood raises a valid point about stretching the cap hit out and the timing of when this team could be a viable contender. I think I'd rather be done with the medicine now. I understand the time value of money et al, but I don't know how much of that concept is as valuable over remaining 2 seasons plus change vs how valuable that $5M might be in the 3 seasons after that. Maybe we will find out in the end that it won't make much difference. But with where they are now, I think it's better to just eat the money ASAP.

I am still surprised that they've actually waived him.

This dead money will eventually become an issue, although it won't be for a few seasons. It makes acquiring and developing cheap talent through the draft that much more important.

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People here are forgetting that it is likely Josh Smith is going to get another contract and that $5M over the next 4 years will be off-set.

Del had a perfect example yesterday. Say Smith signs for a 2 year deal at $10M after this season. The minimum salary is $816,482. The amount the original team gets to set off is limited to one-half the difference between the player's new salary and the minimum salary for a one-year veteran

So $10M (2 years at 5M) -$1,632,856 (NBA min x 2) =$ 8,367,144 the amount that offsets. Josh Smith is owed $26M. Subtract the offset and you are around $17.5M. Divide that by 5 and you're at $3.5M for 4 years.

All depends on Josh's next contract after this season.

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This dead money will eventually become an issue, although it won't be for a few seasons. It makes acquiring and developing cheap talent through the draft that much more important.

The dead money is unlikely to become an issue.

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I bet this team goes on a run here soon. Not a Golden State type win streak or anything, but much better than they've been. Drummond,Monroe,Jerebko,Anthony should be a decent big man rotation and hopefully Dinwiddie gets more PT.

and of course, hopefully a Jennings trade is coming.

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I have a blackhole on my beer league line... but it is because he isn't very good. Never in the right place and he panics when he gets the puck and just ends up throwing it away to the other team. My line constantly feels like we are on a penalty kill. It is different than your situation though...it is super frustrating to play with him but I can't really yell at him for just not being very good.

Super nice guy though...

This represents 1-2 people in our volleyball group. However, this used to be about 4-5 people in our group four years ago. Some have shown the desire to improve and have improved their fundamental skills to become relevant players. The other 1-2 haven't, and now now frustrate the rest of us who care enough to want to elevate our games. You truly are as good as your worst players. If they are reasonable, it's going to be a great day regardless how good your best players are. If they completely stink and have no desire to do things "the right way" or have any desire to improve, then you are going to have an awful day regardless if two US Olympians happen to show up.

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I don't mind the take, but you just advocated to stretch him like 2 weeks ago didn't you?

I did and I advocated getting it over with in two years as well.

http://www.motownsports.com/forums/detroit-pistons/104009-game-19-pistons-celtics-2.html#post3178012

I don't want to take on a similar contract to move Smith. If your girl cheats on you it isn't an upgrade to dump her for a girl that steals your money.

I would waive him this summer and hope someone claims him. Its a billion to one shot, but its something. If nobody does, you stretch him and take the hit for the next 5 years on the cap.

Actually, they have so much cap room the next two years I might not stretch him. Just get it over with in 2 years and be done.

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This dead money will eventually become an issue, although it won't be for a few seasons. It makes acquiring and developing cheap talent through the draft that much more important.

This should be the focal point right now anyway regardless of the Smith salary. I know you aren't diminishing the point, but given the roster and its place in the conference, getting and developing cheap talent to either hold on to for the future or move for other assets is what the organization should be focused on right now. Wins and losses are immaterial at this point, aside from getting as many ping pong balls as possible.

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