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Analyzing the DeMarre Carroll Trade. Does this trade work for the Brooklyn Nets?

Yesterday on July 9, 2017, it was reported that DeMarre Carroll and both of Toronto's picks this upcoming year were traded to the Brooklyn Nets for Justin Hamilton.  As a New Yorker, I'm looking at this trade from the perspective of the Nets and to see if this trade was a smart basketball move, as well as a sound financial move.

Let's take a look at the draft assets, the player performance from last year's season, as well as their 2016-2017 Salary.

Draft Assets

Prior to the deal 
- Brooklyn holds Indiana's 2nd round pick

After the deal
- Brooklyn holds Indiana's 2nd round pick
- Brooklyn holds Toronto's 1st round pick
- Brooklyn holds Toronto's 2nd round pick

From a basketball perspective the draft assets collected are a home run.  Rookies for some reason really struggle in the NBA.  Furthermore, it is hard to turn a 2nd round pick into a starter or even a solid rotation player.  Therefore the acquisition of Toronto's 1st round pick is a solid move in my opinion.

Player Comparison

Name                      PPG     RPG     APG     MPG      Total Points For The Season      2016 Salary
Justin Hamilton       6.9        4.1       0.9        18.4                        442                            $3,000,000
DeMarre Carroll      8.9       3.8       1.0         26.1                        638                            $14,200,000

This is one of those cases where the numbers do not lie.  In my opinion, DeMarre Carroll is a better player than what his statistics show.  He is a good defender and has a high motor.  But, the numbers are what they are and based on that, from a basketball perspective this looks like a bad player swap.

Financial Analysis

The contract cost of the 23rd pick (that's what Toronto picked at this year, so we are assuming they will have a similar performance this upcoming year) in the 1st round is $4,899,800 over 3 years with a 4th year option.

I didn't include the 2nd round picks because there is no salary schedule for players drafted in the second round.  In addition, most players drafted in the second round earn the minimum and most don't even make the NBA after their first year.

The Huffington Post did an article on this that you can take a look at here:  2nd Round Picks

Remaining Player Salaries

Justin Hamilton's remaining salary is $3,000,000 for 1 year
DeMarre Carroll's remaining salary is $30,200,000 for 2 years

Differential is $27,200,000

Cost Per Point in 2016 - 2017
Justin Hamilton    $6,787 per point
DeMarre Carroll   $22,257 per point

Although this is a gross over simplification.  We can essentially draw it up as the Nets paid $27,200,000 for the rights to Toronto's 1st round pick, 2nd round pick, and 2 more points per game from DeMarre Carroll (assuming he plays similar to last year).

While in my heart I like this deal, from a financial standpoint this deal just looks awful.  I don't see how any general manager can justify to their owner that they should spend $27,000,000 on two picks and a player that only gives you 2 more points per game.

Overall, I would have to rate this as a poor transaction for the Nets, but as silver lining I do think it is a better deal than what the Knicks did in signing Tim Hardaway Jr. (You can see my thoughts on that transaction here: Tim Hardaway Deal - NY Knicks).  And, I think this will put them in better position in 2019 as Carroll will come off the books and the Nets will have control over their 1st round picks again.

What are your thoughts on the deal?  I'd love to hear your feedback or questions in the comments section.  And, please subscribe for future posts!! Thank you for reading!!


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