Keith Van Horn is going to earn $2 million dollars this year, for not playing in the NBA. Van Horn is semi-retired and hasn't played in a year and a half. But he is technically still property of the Dallas Mavericks. So in order to make the Jason Kidd trade work, the Mavs resigned Van Horn and traded him to the Nets. The Nets will then likely cut Van Horn but they'll still owe him $2 million (a pro-rated portion of the $4 million contract that the teams needed in order to make the deal work).
Van Horn should send Devean George a fruit basket.
The same thing happened to Aaron McKie in the Pau Gasol trade.
The league should do something to close these ridiculous loopholes.
Per an article I read on ESPN.com the $4.3 million due to Van Horn would NOT be pro-rated.
ReplyDeleteThe league keeps these loop holes open, otherwise there would never be any trades in the league.