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Shaq trade is official

Featured Replies

  • Author

Special report ..... SHAQ IS HERE BABY? :thumbup ? :elefant

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watch divorce court much?

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OWNED

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Nah man! lol that's what the tv was on... I was on the computer lol I don't watch tv uless it's sports or CSI

Wednesday, July 14, 2004

ESPN.com news services

The long-rumored deal is finally reality.

 

Franchise center Shaquille O'Neal has been traded to the Miami Heat, it was announced Wednesday.

 

In return, the Lakers get Lamar Odom, Caron Butler, Brian Grant and a first-round pick.

 

O'Neal agreed to the trade Saturday, but it could not be completed until today, when a two-week leaguewide moratorium on trades and free-agent signings expired at midnight.

 

Last season, O'Neal averaged a career-low 21.5 points with 11.5 rebounds and 2.48 blocks. Over 12 seasons, he has averaged 27.1 points, 12.1 rebounds and 2.6 blocks.

 

There was a potential snag: Odom's contract calls for a 15 percent "trade kicker," which means if Odom were dealt to another team, he would be due an extra 15 percent on his contract. In this case, that amount would total between $8.5 million and $9.5 million, in addition to the approximate $55 million remaining on Odom's current contract.

 

The "kicker" reportedly required some additional attention to detail. Apparently, the Lakers were not aware of the clause in Odom's contract at the time that they agreed to the trade with Miami.

 

However, sources told ESPN Insider's Chad Ford that the Lakers' concerns about the "kicker" were trivial. Every NBA team has access to every NBA player's contract details.

ESPN

The long-rumored deal is finally reality.

 

 

Franchise center Shaquille O'Neal has been traded to the Miami Heat, it was announced Wednesday.

 

 

In return, the Lakers get Lamar Odom, Caron Butler, Brian Grant and a first-round pick.

 

 

O'Neal agreed to the trade Saturday, but it could not be completed until today, when a two-week leaguewide moratorium on trades and free-agent signings expired at midnight.

 

 

Last season, O'Neal averaged a career-low 21.5 points with 11.5 rebounds and 2.48 blocks. Over 12 seasons, he has averaged 27.1 points, 12.1 rebounds and 2.6 blocks.

 

 

There was a potential snag: Odom's contract calls for a 15 percent "trade kicker," which means if Odom were dealt to another team, he would be due an extra 15 percent on his contract. In this case, that amount would total between $8.5 million and $9.5 million, in addition to the approximate $55 million remaining on Odom's current contract.

 

 

The "kicker" reportedly required some additional attention to detail. Apparently, the Lakers were not aware of the clause in Odom's contract at the time that they agreed to the trade with Miami.

 

 

However, sources told ESPN Insider's Chad Ford that the Lakers' concerns about the "kicker" were trivial. Every NBA team has access to every NBA player's contract details.

I cant wait til Diesel's press conference. He is going to talk so much smack. It should be great.

  • Author

I think I'll dance too :)

:arms :brigginbounce :cheers :dkdance :drool :elefant :group :happydance :homer :invasion :jump

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dude now that's a dance! :thumbup

awesomeness, i can now sleep soundly knowing its official

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It's just rent-a-Shaq, Shaq can opt out of his contract after next season or a max of 2 years otherwise. No new extension has been signed.

awesomeness, i can now sleep soundly knowing its official

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It's just rent-a-Shaq, Shaq can opt out of his contract after next season or a max of 2 years otherwise. No new extension has been signed.

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why on earth would he opt out and lose $30+ mil?

 

his contract was backloaded...why would he pass on his biggest payday?

Wow, very nice move here. Yea, the Heat are going to have the big man!

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We still need to add another piece PF is big.. any names/thoughts

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yes ,malone is a name being thrown around as wanting to come with shaq.kukoc is another. a possible sign and trade could happen. personally stromile swift could happen. the grizzlies are bluffing to match a swift offer since hes restricted but they are way over the cap and cant sign him back.riley could and would go after him and just barely go over the cap and pay a small luxury tax. arison has said he would not mind paying it if it would help the team

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