Wait...C's 2nd Rounders have actual Value...?

[86MaxwellSmart]

With FIVE 2nd Round Picks----Danny should be able to use them one way or another...

From Yahoo:
http://sports.yahoo.com/news/combine-buzz-194205610.html

Price of second-round picks rising
CHICAGO – The 2016 NBA draft is considered by many NBA executives to be fairly weak in terms of star-caliber talent. But few think it is a shallow class. With the draft combine in full swing, the sheer quantity of NBA-caliber talent has teams exploring ways to acquire more draft picks.

The trend is particularly noticeable among teams picking in the second round, where – as opposed to the first round and its rigid rookie salary scale – there are no restrictions on the type of contracts teams can negotiate with players.

Many teams now try to sign contracts up to three or four years in length for second-round picks, with only a portion of the deal being guaranteed up front. If they are fortunate enough to uncover an NBA-rotation caliber player in that range, they can enjoy having that player under contract for a rate far below market value for many years.

The Miami Heat did that with 2015 second-rounder Josh Richardson, the No. 40 overall pick who agreed to a three-year, $2.5 million deal. Toronto gave Norman Powell three years and $2.5 million after selecting him at No. 46 in 2015. With the NBA salary cap rising this summer that is something more teams will try to do. Even if a team signs a player to a small guarantee in the $1.5 million range and it doesn't pan out, it's not the end of the world. A team can simply cut ties and try its luck again.

Second-round picks could once be had for pennies on the dollar, but those days are long gone, multiple NBA executives in Chicago told The Vertical. Second-round picks are now at such a premium that it's likely we'll see some sold on draft night for the maximum amount allowed, $3.4 million dollars. It's a creative way for big-market teams such as New York and Brooklyn to find their way into the draft.

Last year the most that was paid for a pick was $1.5 million, when the Knicks purchased the No. 35 draft pick from Philadelphia to select Willy Hernangomez, and Portland acquired the rights to Daniel Diez (No. 54 from Utah). The Knicks also paid Indiana $1.5 million for the draft pick they used to select Louis Labeyrie at No. 57. The most ever paid for a second-round pick is $3 million, which Oklahoma City paid Atlanta to acquire 31st overall pick Tibor Pleiss in 2010.

This draft's dollar amounts might put previous years to shame as the entire financial model of the NBA continues to shift with the new TV money about to roll in.

– Jonathan Givony of The Vertical

[Redz]

Interesting

[fairweatherfan]

To be fair, that was a small price to pay for Tibor Pleiss. 


I'd hate to see us move our higher 2nds just for cash, but knowing Danny he'll prefer to use them to make those cap-friendly contracts and try to toss them into trades as sweeteners. 

[chambers]

Cool article.
TP.
Hopefully Danny can turn water into wine.

[LooseCannon]

Keep in mind that the $3.4 million limit is an annual limit, not a limit for an individual transaction.  The team can send out 3.4m aggregate in transactions over a year and take back the same amount.

It's possible that the Celtics cannot take any money back in draft night trades after receiving cash in deals for Perry Jones and Zoran Dragic.

[mr. dee]

Cash all the 2nd rnd picks for Buttler? LOL

[Big333223]

Good news. We'll see how it actually plays out.

The nice thing about 31 and 35 is that they're basically late first-rounders but without the cap restrictions that come with being an actual first rounder, mentioned in the article. I'm imagining these beign the cherry on top of a deal that lands an impact player.

[apc]

I wonder if you could have two summer league teams... we may have enough players for two rosters.

[saltlover]

Keep in mind that the $3.4 million limit is an annual limit, not a limit for an individual transaction.  The team can send out 3.4m aggregate in transactions over a year and take back the same amount.

It's possible that the Celtics cannot take any money back in draft night trades after receiving cash in deals for Perry Jones and Zoran Dragic.

Correct.  The Celtics have I think $200-400k more they can take.  They were given $1.5 million for Dragic, which covered his entire salary.  They didn't get the full amount to cover PJ3's salary (since Danny thought he might actually make the team), but I remember reading numbers in the $1.5-$1.7 million range.

I think one will be acquired by a team willing to take in James Young's salary/cap hit next season.  I could also imagine 1-2 being rolled over into future seconds via trades.  There are 5 teams with no picks -- Washington, Portland, Miami, Cleveland, and OKC.  And Brooklyn has only pick #55.

It's almost to Boston's advantage that they can't take cash for a pick.  I know there's concern that teams wanting picks on draft night may low-ball them, but there's really no room for such an offer.  I don't think Ainge would budge anyway (he's a hard negotiator), but he can cut through the crap offers easily by simply saying "We can't take any more cash."  And as just noted, there are a lot of teams who might like a pick or two.  Draft night should be fun all the way until the end for us.

[saltlover]

I wonder if you could have two summer league teams... we may have enough players for two rosters.

I don't know about that.  But what I really want is the Celtics to start up a European team where they can stash their excess players for years, while controlling their development better.

[wdleehi]

Is it just me or would it just be better to draft guys and let them battle out for the last few spots on the bench?



I think of 2nd rounders as really long shot lotto tickets.  The more you have, the greater the chance to hit on one.   Or find the few that will agree to go over seas and play as the future lotto ticket. 



Of course I do listen to the DC sports radio complain about how year after year, they sell their 2nd round picks.

[Evantime34]

Is it just me or would it just be better to draft guys and let them battle out for the last few spots on the bench?



I think of 2nd rounders as really long shot lotto tickets.  The more you have, the greater the chance to hit on one.   Or find the few that will agree to go over seas and play as the future lotto ticket. 



Of course I do listen to the DC sports radio complain about how year after year, they sell their 2nd round picks.

I'd like to do that with draft and stash players so that they can come to camp but if they don't make it we can still retain their rights.

However, I wouldn't be surprised if we went this route. Last year we essentially had 16 guys who deserved to be in the NBA on our camp roster and ended up cutting Perry Jones.

My only issue with drafting extra bodies and letting them battle it out in camp is that we could be forced to make a decision on a player before we have enough information (i.e. film of the player playing/practicing in the NBA). It's very difficult to make a decision between two similarly rated 2nd round prospects while only having them around through summer league and training camp.

[saltlover]

Is it just me or would it just be better to draft guys and let them battle out for the last few spots on the bench?



I think of 2nd rounders as really long shot lotto tickets.  The more you have, the greater the chance to hit on one.   Or find the few that will agree to go over seas and play as the future lotto ticket. 



Of course I do listen to the DC sports radio complain about how year after year, they sell their 2nd round picks.

You can always sign the John Hollands of the world to battle for those last roster spots if you want there to be training camp competition.  We nominally had that last fall, but PJ3 kicked himself off the island too quickly.

I'm sure a couple will be stashed away.  It's difficult to make 5 second-round picks, but it's a little difficult to trade all 5 as well.

[chilidawg]

Is it just me or would it just be better to draft guys and let them battle out for the last few spots on the bench?



I think of 2nd rounders as really long shot lotto tickets.  The more you have, the greater the chance to hit on one.   Or find the few that will agree to go over seas and play as the future lotto ticket. 



Of course I do listen to the DC sports radio complain about how year after year, they sell their 2nd round picks.

This, or draft and stash a few Euros.  I'd rather take this shot with the picks than dump them for cash.  Of course it's not my money.

[Moranis]

Boston clearly needs to consolidate picks.  No way it drafts 8 players.  Even after consolidation I think at least a couple of players will be draft and stash players. 

I absolutely expect Boston to try and package the 2nd round picks to move up in the 1st round.  You know something like 16, 23, 35, and maybe a later 2nd for 10.  Or something like that.  Maybe trade 31 and a future 2nd for a future highly protected 1st (if a team really wants a guy available at 31).  Things like that.  No way Boston drafts 8 players, just can't see it happening.