The Big Chill.
If Thursday’s NBA trade deadline was a movie, the audience would have walked out in the middle from boredom. This freeze came straight from the script that is the league’s new collective bargaining agreement — with its harsher luxury tax penalties and diminished roster flexibility for tax offenders — it put the clamps on a stunningly uneventful deadline day.
The big names were on the opening credits: Josh Smith, Paul Millsap, Al Jefferson, Paul Pierce, Kevin Garnett, Eric Gordon, Eric Bledsoe, Brandon Jennings and Monta Ellis.
Yet, when the curtain closed at 3 p.m. ET, Orlando Magic sharpshooter J.J. Redick stole the show as the lone player of significance to switch teams. The Milwaukee Bucks acquired the career 39.8 percent 3-point shooter in a six-player deal that involved five other relatively anonymous NBA names.
Only one potential blockbuster deal percolated, but ultimately died on the vine with the Atlanta Hawks going the distance in an attempt to strike a deal with the Bucks for Smith before pulling back. One reason so few big deals were discussed was simply because there wasn’t much talent realistically in play, a point that goes beyond any ramifications of the CBA.
The CBA that took effect in December 2011, and begins to smack tax-paying teams with stiffer fines next season, has clearly put franchises on the defensive. Teams that were once willing to add salary to consummate a deal no longer are. Teams that once didn’t think twice about sweetening a deal with a first-round pick, suddenly guard them with their lives.
“Cap room and draft picks, which are usually the currency of how these [big] deals get done, were at a huge premium and are something that everyone wants to have,” said Houston Rockets general manager Daryl Morey, who steered the most active club at the deadline with a couple of lower-tier deals.
There’s really no greater example of the effect of these changes than the Dallas Mavericks and their braintrust, owner Mark Cuban and president of basketball operations Donnie Nelson. Chronic and strategic over-spenders and tax payers under the old CBA, Cuban, who took on salary in deadline deals for Jason Kidd in 2008 and Caron Butler, Brendan Haywood and DeShawn Stevenson in 2010, analyzed the new rules and reversed field last year.
He dismantled the 2011 championship team, choosing to covet cap space and the roster flexibility granted to teams that remain under the tax threshold, as well as newfound valuing of first-round draft picks as low-priced labor and trade assets.
It’s a strategy that no longer has the Mavs on speed dial of teams looking to make a deal and dump salary.
“It’s definitely a factor,” Nelson said of the CBA’s chilling effect Thursday after the deadline expired. “There’s no question that folks have their eye on the inevitable, and there’s no question that people are getting their collective houses in order.
“There’s some teams that see that on the horizon and act early, and other teams that will procrastinate and pay a dear price. But I think we’re right in the middle of that. It’s not brand-new news and so, yeah, I think you’re going to see a lot of teams try to correct themselves financially.”
The so-called “repeater” tax really has teams scared. Several clubs tried to deal away lost-cost players to avoid the repeater tax, which will whack franchises with an additional fine if they go over the tax line in three of four seasons. Golden State was successful in this venture. Chicago was not and will pay a luxury tax for the first time since its implementation.
This “repeater” penalty deterred teams from making deals that would have pushed payroll even slightly over the tax line, deals they might have normally green-lighted in the old days. So, is this the way of the future under the current rules?
“I can’t predict the future,” Morey said, “but I think the trend is more this way.”
Rockets: Morey’s stockpiling of assets the last couple years has been questioned, but he’s turned it into quite a haul starting with James Harden prior to the start of the season. The day before the deadline, Morey acquired the No. 5 overall pick, Thomas Robinson, from Sacramento. Morey’s dealing didn’t damage an abundance of cap space next summer that will be used to pursue a top free agent such as Dwight Howard and Josh Smith.
Bucks: GM John Hammond didn’t get his big fish in Smith, but he pulled off the deal for Redick, who should really help a club that’s been skidding down the East standings and needs a boost. Hammond held onto Jennings and Ellis and will have room to maneuver in the summer to add more pieces.
Thunder: GM Sam Presti continues to make shrewd moves. The acquisition of Ronnie Brewer from the New York Knicks for a second-round pick gives OKC another strong perimeter defender to help Thabo Sefolosha.
Celtics: Jordan Crawford might not be Jamal Crawford, but he can score in bunches and Boston was desperate to bolster its injury-ravaged guard backcourt. Boston fans are the winners here, too, with the team’s heart and soul, Garnett and Pierce, staying put.
Mavericks: Sure, on the surface, picking up 3-point specialist Anthony Morrow for defensive-minded guard Dahntay Jones doesn’t sound like much. But then SheridanHoops.com reminded us of this Dwight Howard interview in Russia when he named Morrow as one of a handful of players he’d like to have as a teammate.
Blazers: The team with the leanest bench in the NBA finally got some help in a minor deal that netted OKC guard Eric Maynor, who lost his job early on to Reggie Jackson. Maynor will help Rookie of the Year frontrunner Damian Lillard reduce his 38.5 mpg workload.
Hawks: They didn’t get the deal done to ship out Smith and now it seems they will lose him for nothing in free agency. On one level, however, it’s hard to say that this is a definitive loss. They’ll keep Smith (who might or might not come away from this experience deflated) for the rest of the season, and, with any luck, try to keep him while recruiting friend and fellow Atlantan Howard next summer. If GM Danny Ferry wasn’t pleased with the deals presented, it doesn’t always pay to take something, anything just because in the end you could be left with nothing. If Smith leaves, the Hawks will take the cap space and look to spin it in their favor.
Magic: They deal away a useful player and one they drafted in Redick and hand over his Bird Rights to the Bucks. There was no guarantee that Redick would re-sign with Orlando, but he at least had said the door was open to a return. The Magic’s Josh McRoberts to Charlotte deal for Hakim Warrick is a head-scratcher.
Knicks: They didn’t upgrade at any position and gave away a solid defender in Brewer, who was starting for the club during their hot start out of the gates, but had slipped out of the rotation. New York did use the roster vacancy to sign veteran power forward Kenyon Martin.
Nets: They failed to land another high-priced player in Smith and failed to unload one of their own, Kris Humphries.