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Report: Randy Foye agrees to be part of sign-and-trade, join Nuggets

Jul 9, 2013, 10:43 AM EDT

Randy Foye AP

We told you this could be coming on Monday — veteran two guard Randy Foye could be going from Utah to Golden State as an extension to the Andre Iguodala sign-and-trade to Golden State.

Now that is all but official, it has been agreed to according to the Associated Press. Foye is a free agent who goes to Golden State in the trade with a new three-year, $9 million deal, according to the report. The moves cannot be formalized until Wednesday.

This basically just makes the Iggy sign-and-trade more complicated. In that original deal, the Warriors sign  Iguodala to a four-year, $48 million contract. To make room for that Golden State will trade Richard Jefferson, Andris Biedrins, Brandon Rush and a couple first round picks to the Jazz for Kevin Murphy (who has a non-guaranteed contract and can be cut).

Add in Foye and this is technically a couple separate deals — a sign-and-trade for Iguodala and a sign-and-trade with Utah for Foye — but it has benefits for all sides.

• For Golden State, not only do they land the players they want, they ship out enough assets to stay below the luxury tax line, giving them their full mid-level exception ($5.4 million) to use if they so choose.

• Denver picks up a trade exception out of all of this worth about $12 million, which they can use in the next year to bring in someone.

• Utah was going to lose Foye anyway, now they get a second round pick for the troubles and facilitating the deal, plus the picks from the Iggy deal. All that is part of rebuilding.

  1. sirclutch - Jul 9, 2013 at 10:53 AM

    C’mon guys, you say that he’s joining the Nuggets in the title (which is correct) and then you say he’s going to Golden State multiple times throughout the article (which is incorrect). I can’t tell if you just messed up (again) or you actually think Colorado is the Golden State (it’s not, it’s the Centennial State).

  2. turdfurgerson68 - Jul 9, 2013 at 11:21 AM

    Why is Stern/Silver allowing this deal and not the Garnett-Jordan deal?

  3. metallicsphinx - Jul 9, 2013 at 11:26 AM

    Didn’t even have to look who wrote this, as soon as I saw the mess up it was obvious. Anyone ever proof read your articles. It’s like you don’t even know what the story is. How do you still have a job.

  4. 4thquartermagic - Jul 9, 2013 at 1:13 PM

    After re-reading this article 3 times, I surmised that:

    Melo will be going to LA next year, Kobe will play another 6 years, and Lebron will be joining Melo in Golden State.

    Wait… lemme quadruple check.

  5. stinkfingers - Jul 9, 2013 at 3:11 PM

    Reading this article gave me a headache, and I still don’t know whether Foye is a Nugget or a Warrior.

  6. rushbacker - Jul 9, 2013 at 3:21 PM

    “You guys knew what I meant!”

    – Sincerely, Kurt

  7. JMClarkent - Jul 9, 2013 at 10:46 PM

    I am loving this Jazz off-season. While they are losing talent, they are gaining cap space, picks and most importantly playing time for the kids. Kanter, Favors, Burke, Burks, Hayward, Gobert…hell, even Jeremy Evans need to play heavy minutes. Some of these guys have been with the Jazz for years yet they still have no clue who they are.

    Utah is probably going to be tough to watch at times next year, but they’ll have the picks and knowledge about their roster to give it their best shot.

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