If Philly's motivation is to shed salary and start rebuilding, do they really take back Rashard Lewis' contract?
Elton Brand costs Philly three more years at a total of $51M.
Rashard Lewis would be on Philly's books for those same three years, but at a total of $64M. That's $13M to the negative for Philly.
Paying Vince Carter for this season costs Philly $17M, versus paying Nooch for this season $7M. Both expire after this season. That's another $10M in the red for Philly.
So, what's the benefit? To get out from Iggy's contract? Iggy's on the books for another 4 seasons at about $14M per.
So, to get out of paying Iggy the 4/$56M he's owed, you take on an extra $23M (the amount more that Lewis earns over Brand, and that Carter earned over Nooch).
Doesn't seem like all that much in real cash savings. Not enough, at least.
I also personally believe that they might be able to unload Iggy in basically a salary dump at some point, if they REALLY wanted to get out from his deal. He's overpaid, but it's far from the most egregious contract in the world. I don't see them needing to take on Rashard Lewis' contract (which might *be* the most egregious) in order to unload him.