How Quickly Things Evolve: Corey Maggette is a Buck
From Charles F. Gardner JSOnline:
The Bucks completed a trade late Tuesday afternoon to acquire forward Corey Maggette from the Golden State Warriors in exchange for guard Charlie Bell and center Dan Gadzuric, according to basketball sources.
Gardner has since updated his post to include the Bucks receiving the Warriors 44th pick in Thursday’s draft.
I addressed some of the pluses and minuses of the hypothetical deal that’s suddenly turned very real earlier in my post about a few Bucks rumors. As is the case with many deals in the NBA, this one is financially motivated from the Warriors perspective. Here’s the table I had in my first post which breaks down the three players respective contracts.
| 2010-11 | 2011-12 | 2012-13 | |
|---|---|---|---|
| Corey Maggette | 9,600,000 | 10,262,069 | 10,924,138 |
| Bucks two worst players | 11,099,765 | 4,099,920 | |
| Bucks Salary Addition | -1,499,765 | 6,162,149 | 10,924,138 |
The eye popping number here is that the Bucks are taking back a contract that has $30,786,207 left on it over three years. However, they’re shipping out contracts that add up to $15,199,685. This leaves the Bucks on the hook for an additional $15,586,522.
The question now is, with regard to their roster now and for the rest of the summer, where does this leave the Bucks?
Well, a friend of mine texted me minutes after the deal was made to let me know he’d heard Maggette already took 10 shots. He failed to mention that he attempted six free throws too. Read more…
