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The official line is that they were a Norwegian trade delegation. Technically accurate, because they are Nordic, and there was trade. But they are also seven feet tall, telepathic, and arrived on the South Lawn without a vehicle. The Chosen Ones from Wolverine 🇦🇺 🇦🇺

59,237 views • 2 months ago •via X (Twitter)

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The Wolves salary dumped Mike Conley's $10.8M contract at the trade deadline. These were the functional salary cap-related values to the Wolves in making that trade... - The trade got them below the 1st apron, which gave them the ability to take back more money in a subsequent trade (because you can't be over the 1st apron and take back more money than you send out in a trade). Technically, they took back more money in the Ayo Dosunmu trade, because it included Julian Phillips and his contract. But if you remember, the Conley trade happened two days before the deadline. They made the move in advance to open up the possibility of taking back more money in a trade for an expensive star (potentially Giannis). That was the theoretical value there, much more than it was about the value of bringing in Phillips. - They saved a lot of money on the luxury tax bill after paying nearly $100M in luxury tax for being above the 2nd apron the season before. - They created a $10.8M trade exception that they can use to absorb up to $10.8M in salary without sending money back. But using a trade exception hard caps you at the 1st apron and only lasts for 12 months. - Got off Rob Dillingham's contract that is set to pay him $6.9M this coming season and $8.8M the following season. This creates some space beneath the aprons that they could need if they are to re-sign Ayo Dosunmu. Also created another $6.6M trade exception when doing the Dillingham-Dosunmu trade, because the Wolves absorbed Dosunmu into the Alexander-Walker trade exception from last summer ($7.6M NAW trade exception, and Dosunmu made $7.5M). Transacting this way hard-capped the Wolves at the 1st apron, but at that point in time the deadline was about to pass, they weren't trading for Giannis or anyone else, meaning there was no cost to being hard-capped at the 1st apron for the rest of the season. (Though that could impact a draft night trade, I believe -- because that's the same calendar year.) - The 21st picks salary this season ($3.9M) is $800k higher than the 28th picks salary this coming season ($3.1M). So while that player should be more valuable, that player would also carry a bigger cap hit. What it cost them was a pick swap with Detroit in this draft -- moving them back from pick 21 to pick 28 in the 1st round. So I asked Tyler Metcalf how much value the Wolves gave up in this draft by moving back from 21 to 28.

Dane Moore

59,064 views • 2 months ago