2010 Cap Space: Chicago

Updated version of this post available here following the trades of John Salmons + Tyrus Thomas.

Chicago Bulls Salaries

Contracts above $5 million

• Luol Deng – $11.35 million
• Kirk Hinrich – $9 million
• Derrick Rose – $5.55 million

Luol Deng has four years left on his increasing contract while Kirk Hinrich has only two seasons left on his decreasing deal. Derrick Rose will be entering the third season of his rookie contract.

These three players total $25.9 million.

Rest Of Team’s Salaries

• Joakim Noah – $3.13 million
• James Johnson – $1.71 million

Nets Fire Frank

RealGM has the press release

The New Jersey Nets have relieved Head Coach Lawrence Frank of his coaching duties effective immediately, Nets President Rod Thorn announced Sunday.Nets assistant coach Tom Barrise will assume the head coaching responsibilities for Sunday’s game against the Los Angeles Lakers.

A permanent replacement for Coach Frank has not been determined.

“I want to thank Lawrence for his more than a decade of service to the Nets, first as an assistant coach and then as the head coach for the past six and a half seasons. Lawrence always approached every day with a passion for his craft that was infectious, and his dedication to the game as well as his work ethic are to be both admired and appreciated. I wish he and his family only the best of good fortune in the future,” the team said in a statement.

Trade Idea: Raptors Salary Dump

I read this trade proposal by verbatim over on Raptors Republic earlier

After the latest loss, I feel an unreasonable amount of pessimism. If BC made the following trade I would be happy:

Banks (or Evans), Belinelli, Calderon, Johnson, Weems
for
McGrady

I do not think Houston would do it. It would be a great way for us to rebuild though, by giving us lots of capspace and a major player in the 2010 market. Plus we get to keep DeRozan who has shown flashes of promise.

As the team stands now, can Bosh and Bargnani play solid team defence? No. Is Calderon the right pointguard for a team with weak interior defence? No. Maybe there are personnel issues here, not just better coaching and line shakeups needing.

I wrote a response or two in the comments section … in summary saying that

2010 Cap Space: Minnesota

Updated Version — click here

Minnesota Timberwolves Salaries

Contracts above $5 million

• Al Jefferson – $13 million

Big Al is the only large contract on the Wolves’ books and he has three years left on his contract.

Rest Of Team’s Salaries

• Ramon Sessions – $3.96 million
• Corey Brewer – $3.7 million
• Kevin Love – $3.64 million

2010 Cap Space: Oklahoma

Updated Version — click here

Oklahoma City Thunder Salaries

Contracts above $5 million

• Nick Collison – $6.75 million
• Kevin Durant – $6.05 million
• Nenad Krstic – $5.43 million

All three players are entering the final year of their respective contracts.

They combine to make $18.23 million.

Rest Of Team’s Salaries

• Jeff Green – $4.46 million
• James Harden – $4.3 million

2010 Cap Space: Miami

Updated Version — click here

Miami Heat Salaries

Contracts above $5 million

• Nobody

Rest Of Team’s Salaries

• Michael Beasley – $4.96 million
• Daequan Cook – $2.17 million
• Mario Chalmers – $850k

Mario Chalmers has a non-guaranteed contract but at that salary he’s a lock to be picked up so I included him here. Chalmers will be in the final year of his contract.

Game Time: Orlando vs Atlanta

Good game here tonight. Arguably the two best teams (form-wise) in the Eastern Conference at the moment. A possible preview to the second round of the playoffs.

Notes

• Some good matchups
  • Dwight Howard vs Al Horford (offense + defense)
  • Rashard Lewis vs Josh Smith (offense + defense)
  • Mickael Pietrus vs Joe Johnson (defensive for Magic — Joe defending the point with Bibby defending Pietrus)
  • Vince Carter vs Marvin Williams

2010 Cap Space: New Jersey

New Jersey Nets Salaries

Contracts above $5 million

• Devin Harris – $8.98 million

Devin Harris is the only contract above $5 million on the Nets books at the moment. He has three more years left on his contract.

Rest Of Team’s Salaries

• Yi Jialian – $4.05 million
• Brook Lopez – $2.41 million
• Terrence Williams – $2.21 million

Iverson Says He’s Retired

Yahoo Sports reports

Without a clear-cut suitor emerging to sign him, All-Star guard Allen Iverson announced his retirement on Wednesday.

 

“I would like to announce my plans to retire from the National Basketball Association,” Iverson said in a statement released to Philadelphia Inquirer columnist Stephen A. Smith, who first announced Iverson’s decision on his personal web site. “I always thought that when I left the game, it would be because I couldn’t help my team the way that I was accustomed to. However, that is not the case.

2010 Cap Space: New York

There is an updated version to this post available here following the trades of Jared Jeffries + Jordan Hill.

New York Knicks Salaries

Contracts above $5 million

• Eddy Curry – $11.28 million
• Jared Jeffries – $6.88 million

Both hold player options for the 2010/11 season and are locks to pick up those options. They will be entering the final year of their contracts.

They total $18.16 million.