Jul 9, 2013, 10:43 AM EDT
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.
Jul 29, 2015, 5:21 PM EDT
Jimmy Kimmell is the best part.
Jul 29, 2015, 4:22 PM EDT
Rex Kalamian and Andy Greer also join Dwane Casey’s staff
Jul 29, 2015, 3:35 PM EDT
Enter Andrei Kirilenko to save the day?
Jul 29, 2015, 2:48 PM EDT
Will anyone claim him?
Jul 29, 2015, 2:03 PM EDT
Cavaliers star has avoided making a public decision
Jul 29, 2015, 1:04 PM EDT
If Brazil qualifies through FIBA Americas Championship, that could close door for another North/South American team from qualifying
Jul 29, 2015, 12:00 PM EDT
Lakers were in a bad place when Jackson first stepped away
Jul 29, 2015, 11:11 AM EDT
Brooklyn owner praises Adam Silver for filling in
Jul 29, 2015, 10:13 AM EDT
Cavaliers star also addresses his favorites – including place to play, rapper, and teammates
Jul 29, 2015, 9:26 AM EDT
He’ll likely compete with Aaron Harrison to make regular-season roster
Jul 29, 2015, 8:31 AM EDT
Cleveland’s Tristan Thompson and J.R. Smith head the list.
Jul 29, 2015, 8:00 AM EDT
Bounce passes are less effective in baseball.
Jul 29, 2015, 12:05 AM EDT
Cuban said presidential candidate is ‘probably the best thing to happen to politics in a long, long time’
Jul 28, 2015, 11:09 PM EDT
Could former summer-league standout fill Golden State’s need for an off-the-bench shooter?
Jul 28, 2015, 10:11 PM EDT
Hint, hint, hint
Jul 28, 2015, 9:16 PM EDT
Dallas also reportedly talking to Salah Mejri
Jul 28, 2015, 8:19 PM EDT
Thunder power forward was scheduled to play in African exhibition game
Jul 28, 2015, 7:24 PM EDT
Miami cleared roster room for second-round pick
Jul 28, 2015, 6:30 PM EDT
I can tell you where Batum will land next summer — whichever team offers him the most money.
Jul 28, 2015, 5:46 PM EDT
He’ll be back this fall.
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