Anonymous
Earlier this month

Brad Newley traded!

So Newleys rights have been traded from Lakers to Knicks, wonder how he'll go in the Big Apple?

The Cleveland Cavaliers have acquired guard Rajon Rondo from the Los Angeles Lakers in a three-team trade.

In the deal, the New York Knicks receive guard Denzel Valentine from Cleveland and the draft rights to Wang Zhelin (57th pick in 2016 NBA Draft) and Brad Newley (54th pick in 2007 NBA Draft) and cash considerations from the Lakers. In addition, Los Angeles receives the draft rights to Louis Labeyrie (57th pick in 2014 NBA Draft) from New York.

Rondo (6-1, 180) played in 18 games for the Lakers this season. Over his 16-year NBA career, he has appeared in 936 games (732 starts) with the Lakers, Clippers, Hawks, Pelicans, Bulls, Kings, Mavericks and Celtics, owning career averages of 9.8 points, 4.6 rebounds, 8.0 assists and 1.6 steals in 30.1 minutes per game.

Topic #49615 | Report this topic


Curtley  
Earlier this month

Will give the knicks some veteran leadership.

Reply #881442 | Report this post


AngusH  
Earlier this month

I'm sure there must be some sort of reason why draft rights for long-ago drafted players get dealt on occassion? Are teams limited to how many draft rights they can hang onto?

Reply #881444 | Report this post


Anonymous  
Earlier this month

Shakes head, Newly has been great for a long time but he ain't going anywhere near nba.

Reply #881447 | Report this post


Zodiac  
Earlier this month

Just filler to facilitate a trade especially if the other team doesn't have spare roster spots so don't want to take players back.

The Lakers wanted to dump Rondo's salary to reduce their payroll and luxury tax obligations so they could retain Stanley Johnson.

Reply #881448 | Report this post


Perthworld  
Earlier this month

I'm sure there must be some sort of reason why draft rights for long-ago drafted players get dealt on occassion? Are teams limited to how many draft rights they can hang onto?

It revolves around the concept of consideration. A ​very thorough explanation can be found here:

Consideration In Trades And Trade Structure - a league instruction manual

Reply #881449 | Report this post


Zodiac  
Earlier this month

Los Angeles will send New York $1.1 million to take Valentine, according to Adrian Wojnarowski of ESPN.

By re-routing Valentine in this trade rather than taking and waiving him themselves, the Lakers reduce their luxury-tax liability by about $2.9 million. That's obviously worth sending New York $1.1 million.

Los Angeles will probably eat into that savings by signing another player - perhaps Stanley Johnson – into the cleared roster spot.

The Knicks get nearly free cash. They’ll have to pay Valentine for the time he spend on the roster ($11,146 per day). However, if not waived by Friday, Valentine will have the rest of his salary for this season guaranteed.


https://nba.nbcsports.com/2022/01/03/report-knicks-joining-lakers-cavaliers-rajon-rondo-trade/

I remember this happening with Nathan Jawai when he was traded from Dallas to Minnesota the Mavs also included Jawai's full salary in the trade, so the Wolves got him for free that season.

Reply #881450 | Report this post


Cram  
Earlier this month

Its pretty nuts to be honest. According to that explaanation on consideration, the draft rights would have to be for a guy considered a "reasonable" chance of playing in the NBA. Given all the callups at the moment, this would probably be their last chance to make that case. He's clearly not going to the NBA, but its a fun footnote

Reply #881451 | Report this post


Anonymous  
Earlier this month

Shakes head, Newly has been great for a long time but he ain't going anywhere near nba.

^ You have no idea, he's primed.

Reply #881454 | Report this post


Anonymous  
Earlier this month

Surely the lakers play a tribute video for Newley next time they play the knicks!

Reply #881455 | Report this post


Anonymous  
Earlier this month

447 lucky you're here to fill us all in with the facts.

FFS I think we all know that. That's not why he was traded.

Reply #881456 | Report this post


Anonymous  
Earlier this month

/me shakes head.

"Shakes head, Newly has been great for a long time but he ain't going anywhere near nba."

If you want to post as an 'expert' at least spell Newls' name correctly. Sheesh.

Reply #881459 | Report this post


strinjun  
Earlier this month

Next headline... Ricky Sanchez is called up

Reply #881461 | Report this post


Anonymous  
Earlier this month

I swear draft rights used to expire... Rockets literally held his rights for 10 years, then Lakers for another 4 years, now Knicks have them.

How can a guy drafted in 2007 and never played NBA still have active draft rights to trade?

So dumb.

Reply #881464 | Report this post


Mock  
Earlier this month

Trades are for NERDS.

Reply #881466 | Report this post


Zodiac  
Earlier this month

I've never heard of draft rights expiring. It's why so many players look dejected at the NBA Draft if they don't get picked in the first round, no one wants to be picked in the second round.

(1) the money is crap compared to being a first round pick along with less years, (2) the NBA team might never offer you a contract and (3) worst of all that team holds your NBA rights in perpetuity meaning only that team can sign you for the rest of your career unless they agree to trade your rights to another team or relinquish your rights which they usually won't do unless you as the player pay the team to do so.

Once the first round ends players would rather go undrafted than get picked in the second round because they as free-agents are then still able to negotiate with all 30 teams rather than just one team.

It was the Rockets with the dangling of a potential contract offer to Newley told him to back out of the deal he just signed with the 36ers and go play in Europe instead. He did as they asked and they still never offered him a contract.

Reply #881467 | Report this post


JB  
Earlier this month

The draft rights just mean that team has first dibs on a player. So for the sake of the argument, if Newley tried to sign with a team, then the Knicks would have the opportunity to match the offer and get him. Maybe they would only be required to pay the minimum, I don't know. But they cannot refuse him (or anyone else) signing a contract while not offering one themselves. Obviously completely irrelevant in this case.

Reply #881474 | Report this post


RobT  
Earlier this month

I remember when Arvidas Sabonis was drafted by Portland. '1986 / Round: 1 / Pick: 24th overall' (wiki)

Being Lithuanian, (Iron curtain and all that, back then) he was not permitted leave Europe to go to the USA. Portland retained his rights. He played for Portland eventually between 1995 and 2001.

Still hope for Newls?

Reply #881476 | Report this post


Anonymous  
Earlier this month

Close source in Brad's camp say that he's going over for a 10 day contract to fulfill his dream and see if he can bring some veteran leadership like Ingles. If he gets waived he's hoping to sign with another team before heading back.

Reply #881477 | Report this post


Anonymous  
Earlier this month

Hahaha, I don't think your source is close enough

Reply #881479 | Report this post


ME  
Earlier this month

Newley somehow playing NBA would be a freak occurrence but one I am totally willing to happen lol

Reply #881487 | Report this post


Anonymous  
Earlier this month

Just waiting on that hardship exemption to go through.

Reply #881507 | Report this post


Zodiac  
Earlier this month

Newley on his NBA rights being traded to the Knicks:

"If the Knicks are rebuilding around a 36-year-old, I'm not sure...but I’m open to anything," Newley told The Athletic.

Knowing he won’t be donning a Knicks uniform anytime soon, Newley did have one hope if he ever goes to New York while the team still has his rights.

“My greatest request would be a courtside seat with Jerry Seinfeld. I’d happily take that one. Just one game-night experience. I’d definitely be happy with that one. Knicks-Warriors or something, that would be pretty cool,” Newley said.

In an interesting twist, Newley does have a connection to the Knicks. The club’s president, Leon Rose, represented Newley as his agent during the 2007 NBA draft.

Newley has never played in the NBA but has had a long and storied career in Australia and Europe, explaining how he opted for security over the sometimes fickle nature of the NBA.

“I played as an import in Europe,” Newley said.

“At the time this was before the (financial) crisis - the money was pretty good. The NBA wasn’t as much in your face as what is now.

“We were trying to all make it, I guess, but if I say no to a job in July to hang onto a roster, that job could be a quarter of what the job was by the time it rolls around in December.

“As an import, I didn’t want to risk losing that. That was the way I operated for the majority of the time.”


https://nbl.com.au/news/newley-reacts-to-knicks-trade

Reply #881532 | Report this post




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