The Bratwurst – Milwaukee Bucks Blog

Forget the no-trade of Richard Jefferson, or the injuries to Andrew Bogut, Michael Redd and Luke Ridnour — now Bango managed to ruin his knee by falling through the hoop at an All-Star Weekend event?

This is getting ridiculous! I’m almost scared to go to the game tomorrow now, lest the team try to kill me with a t-shirt again!

(Which reminds me of something I saw earlier this year — you know the t-shirts attatched to parachutes that fall from the rafters during the first quarter? Well, I saw a shirt earlier this year come loose from the parachute when it was released. It fell straight down from the rafters — what’s that, maybe 60 feet? — landing squarely onto the head of a kid who was about 10 years old in the next section over from me. He had no idea what hit him — he almost started fighting with the kid next to him because he thought he had gotten smacked in the head for no reason. To add insult to injury, the jerk sitting behind the kid picked the shirt up on a bounce and kept it.)

Okay, so no more Redd, Bogut or Bango but at least Ridnour is supposed to be coming along well from his broken thumb and by not making a trade on Thursday the Bucks have serious salary cap problems now.

Here’s the issue. The cap this year is $58.6 million, and the luxury tax level is $71.15 million. The Bucks are right at the luxury tax threshold (HoopsHype has them listed at $71.2) but there are a couple of exceptions for minimum players so they shouldn’t be a payer this year. But that’s a lot of money for a borderline-.500 team when healthy, no?

Next year, it gets ugly. Assuming Francisco Elson and Malik Allen invoke their player options, the Bucks owe a little over $65 million to 10 players. That doesn’t include Ramon Sessions, who will be a Gilbert Arenas-clause restricted free agent (which means nobody can offer him a contract starting over the midlevel exception, so the Bucks can match any deal as long as they have not yet used the exception) and Villanueva, who has a $4.6 million qualifying offer. So for the Bucks to bring back the same team next year, it will cost them about $76 million (assuming $5 mil for Sessions and $2 mil for their first round pick).

But the real problem here is that the salary cap, because of the economic state the country is in, will most likely go down next year. This Bucks roster could find themselves $8 million or more into the luxury tax — for a borderline playoff team!

Maybe Portland or Cleveland were the ones to walk away from the Jefferson for either Sczcerbiak or LaFrentz trades, but if John Hammond was the one to turn them down then it was fiscally irresponsible for him to do so.

Now, by waiting until next offseason, there really isn’t anything Hammond can do, except try to make an offseason trade to a team with significant cap room (so the Bucks can take back less salary then they sent out). So who is going to have major cap room this offseason?

Atlanta

Detroit

Oklahoma City

Memphis

The thing is that Oklahoma City, for example, isn’t going to be interested in something like “Dan Gadzuric for Damien Wilkins”. No, they will be thinking more along the lines of “You’ve got luxury tax problems, eh? How about Andrew Bogut and a sign-and-trade of Ramon Sessions for Nenad Kristic and one of the first rounders San Antonio owes us?”

This is bad. Really, really bad. Like Herb Kohl staring a $30 million operating loss next year in the face bad.

ESPN is reporting that the Bucks have a couple of deals in the works to try and dump the salary of Richard Jefferson.

The two potential deals, they report, are Jefferson to Cleveland for Wally Sczcerbiak or to Portland for Raef LaFrentz.

Both of these deals are outright salary dumps, with Sczcerbiak having an expiring $13 million contract and LaFrentz and expiring $12.7 million deal. LaFrentz is injured, and 80% of his salary is being paid for by insurance. Jefferson is owed $29.2 million over the next two years.

If the Bucks pull off one of these trades, they will drop to only $40 million committed to salary for next year, making it easy for them to afford to re-sign either or both of Ramon Sessions and Charlie Villanueva if they choose. They will also be able to withstand the potential drop in the salary cap that may be coming down the pipe next year.

From Cleveland’s perspective, I’m not sure why they would make that trade. Since LeBron James plays 40 minutes per game at Jefferson’s primary position, why bother adding him? Is it really logical to pay two small forwards — James and Jefferson — a combined $30 million next season when one of them is the most dominant player in the game?

Portland, though, might be a more intriguing option. They have been looking for a small forward for some time, and are apparently trying to work out a deal for Gerald Wallace as well. However, Wallace is better, younger, and paid less than Jefferson; so Charlotte is trying to make a trade that would include some of Portland’s younger players. The Bucks could do the trade on simply a 1-for-1 basis (or maybe with one other Portland player thrown in), causing less damage to the Blazer’s core roster. Jefferson also has a reputation as a solid character and would fit in the Portland clubhouse well (not a knock on Wallace, there’s nothing wrong with him either) and would be a good complement for Brandon Roy. Since LaFrentz’s contract is covered by insurance, the Bucks would likely have to chip in some cash to make up the difference between the money the Blazers are not playing LaFrentz and what they would have to pay Jefferson.

Hopefully John Hammond gets one of these trades done. The team has played pretty well without Bogut and Redd, but the writing is on the wall: if Richard Jefferson is your best player, the best you can hope for is to be a really well-coached team that is pretty competitive most nights. The team is that, at least. But there aren’t going to be many more wins this year with Jefferson or without him — certainly not enough to justify the massive (and possibly luxury tax-inflicting) contract he has. The Bucks are better off moving Jefferson and playing Joe Alexander more for the rest of the year.

Yi Jianlian and Bobby Simmons for nothing. Thanks, Larry Harris.

First of all, I want to thank all of the commentors who have given me crap for not writing much any more. Between work and having two young kids, I don’t have the time to write any more. It’s not so much the writing that is time-consuming — last year I only had one kid and was staying at home with him, so I had plenty of time to think about interesting things to write. This year, it’s totally different — I have responsibilities from about 6:30 am until 8:30 pm every day, and by then it’s all I can do to even watch a basketball game, much less think about something good to write about it. I really enjoyed producing an excellent blog last year (and the amount of writing I did was very helpful in that it kept my skills sharp for when I went back to work). I hate to be letting it go in the way I have, but I’d rather not write than just throw up some crap posts fairly regularly that are no more than glorified twitters.

Anyway, where is this team now?

Screwed in just about every way.

Lets see if I can recap:

– At full strength, this was an exciting team that had an outside shot at maybe the #5 seed and a chance to advance to the second round. Most likely, they were going to wind up with the #6 seed and could hopefully give Orlando a scare (a team which I have been completely wrong about for two years now. They are good).
– Then Michael Redd got hurt. For a well coached team, losing Redd was not a total disaster. Sure, it probably lowered the ceiling of the team from the #5 seed to the #7 (and getting blown away by Boston), but in the games Redd had missed the team had only averaged about 4 points per game less than with him. Most of his scoring could be picked up with relative ease by other players.
– Then Andrew Bogut’s injury turned out to be a stress fracture that will cost him the next two months. To be honest, I consider this diagnosis to be a positive one. I was starting to worry that his back issue might become one of those Tracy McGrady-style trick backs, where the guy is just perpetually questionable for the rest of his career. Fortunately, a stress fracture should heal.

This, however, leaves the team completely screwed. They have no chance at the playoffs with a frontcourt rotation of Gadzuric, Elson, Malik Allen and Villanueva. However, with Bogut and Redd signed to long-term contracts, just trying to dump salary doesn’t really make sense. The team would have no interest in trading away the two players who would likely garner the most interest around the league — Ramon Sessions and LR Mbah a Moute are fairly untouchable, and their contract status means they are both important to the Bucks and hard to include in other trades. Obviously, Dan Gadzuric has no trade value unless the Bucks take back something even worse in exchange.

What do the Bucks do? How do they make a big move without shafting themselves in the long run?

First of all, I would be more than willing to trade this years’ first round pick. The draft looks awful this year, and between Sessions and Moute, the Bucks have a couple of young, inexpensive players to fill out their rotation.

The best option is to try and trade for one of the superstar players who has an expiring contract after next year. Players like Bosh and Stoudemire have recently been rumored to be on the block, and should the Bucks be able to get one of them, they could be poised to make a 1-year run next year.

The deals?

1: Richard Jefferson, Charlie Villanueva, Luke Ridnour and Damon Jones for Amare Stoudemire and Jason Richardson. Phoenix would save $5 million on this deal, as Jones’ contract expires and Villanueva could be renounced after the season. Charlie V’s per-40 minute numbers compare pretty favorably with Stoudemire’s this season, and the trade would allow the Bucks to audition Alexander and Moute for the starting small forward position next year. It would also solidify Ramon Sessions as the point guard of the future. A starting lineup next year of Sessions/Redd/Moute/Stoudemire/Bogut with Richardson off the bench would be a nice group. It would likely only be a one-year run, though, as Stoudemire would be a free agent after the season, and with Redd, Richardson and Bogut owed $43 million in 2010/11, it’s unlikely Herb Kohl would be able to pay what it would take to keep him.

However, Stoudemire is pretty much known as a pain in the ass. What about Chris Bosh?

2: Bosh and Kapono for Jefferson, Alexander, Jones and a first round pick. It’s tough to come up with a reasonable deal with Toronto, since should they actually decide to deal Bosh, the Bucks don’t really have what they want. They wouldn’t need Jefferson and wouldn’t get much cap relief on the deal, and Joe Alexander and the likely-#15 pick in the draft isn’t a fair return for a perennial all-star. But if Bosh is going to walk after next year, maybe they would be willing. Not likely, though.

3: Jefferson and Jones for Shawn Marion. If Miami is serious about building around Michael Beasley, maybe they would be willing to turn Marion into a true small forward. This would kill Miami’s cap room after the season and would do nothing for the Bucks after this year, but would make a huge difference in the Bucks’ cap situation for the next two years and would clear up the small forward position as well. Marion is a prima-donna head case, but would probably put up huge numbers for the Bucks as he plays for his next contract with someone else. Losing Marion next year would make it easier to resign Ramon Sessions (and pick up Richard Hendrix out of the D-League. There I go again.)

Three deals that wont happen. But that just illustrates the quandry the Bucks find themselves in right now — they are built to win now, but have an incredibly low ceiling with Bogut and Redd hurt.