Report: Rockets trade Joel Anthony, second-rounder to 76ers
Sam Hinkie is still influencing the 76ers.
Philadelphia last couple moves – trading two second-round picks for Ish Smith, waiving Christian Wood to sign Elton Brand – wreak of Jerry Colangelo.
But this is class Hinkie.
Marc J. Spears of Yahoo Sports:
The Rockets sending center Joel Anthony to the Sixers, a source told Yahoo Sports.— Marc J. Spears (@MarcJSpears) February 18, 2016
Derek Bodner of Philadelphia magazine:
The 76ers were $2,630,651 below the salary floor, meaning they’d have to pay that amount to their players after the season. But Anthony’s full-season salary ($2.5 million) will count toward the floor, even though Philadelphia will have to pay only the remaining amount ($852,941).
Essentially, the 76ers save $1,647,059 by taking Anthony.
And they get a second-rounder for their trouble, because Houston saves even more.
The Rockets had no use for Anthony, who was acquired earlier in the Donatas Motiejunas/Marcus Thornton trade with the Pistons. Houston just needed him to make salaries match.
Shedding Anthony will save the Rockets $4,388,167 – $3,535,226 in luxury tax plus Anthony’s $852,941 in remaining salary. They also open another roster spot and are typically a destination for bought-out veterans.
Chukwudiebere Maduabum, the No. 56 pick in the 2011 NBA draft, seems unlikely ever to join the NBA. But league rules dictate teams acquire something in these types of trades, so he’ll keep getting passed around.
The 76ers must waive someone to clear a roster spot for Anthony, who very well could get waived himself. They can’t simultaneously acquire and waive him, though. Philadelphia dropping Anthony then signing someone else – maybe even the player waived for him – could be a path over the salary floor