Tuesday, February 5, 2008

The Rich Get Richer And Memphis Gets Memphisier: The Memphis Side Of The Gasol Trade



A preface before we begin. To witness the true greatness of coverage over this trade, check out 3 Shades of Blue. If there's an award for most outstanding coverage of a single event in our blogger awards, those guys are shoe-ins. Go read everything. Seriously. It's fascinating work on a pretty terrible team. And now, something we came up with...

The model seems pretty clear, if you take the consensus among intelligent fans. You need to be willing to part with big contracts, and therefore, big players. You need to be willing to suffer through some 20-win seasons. You need to draft smart, take on contracts that are smart in the long term, and not attempt quick fixes. The dilemma for owners and subsequently, GMs, is the perceived inevitable loss of confidence by the fanbase through losing seasons. The drop in attendance, non-renewal by season ticket-holders, and criticism by the media is perceived as a death knell that must be escaped by a big free agent signing. Or in the case of the Knicks, 12 big free agent signings.

We don't think you have to treat your fanbase like it's an angry mob, however. The fact is that 1. people will come for pro basketball regardless. This is how there are still teams in Atlanta, Sacramento, and Seat...whoops. But the Sonics are leaving because their owner is Darth Vader, not because attendance is down. And you have to accept that there will be hard times when you're building a winner. But working long term, being patient, taking smart contracts, and not looking for the quick fix, can lead to winning, which will bring the people out (unless you're New Orleans. Okay, market's also important, but that's a conversation for another day).

One thing owners and GMs could do is to improve communication during these times. Basketball fans are usually pretty intelligent. If you convey that you're working for the future, that there will be hard times, but that you do have a plan, you're going to strengthen that community of fans, which will help you through. People will still come out, but you have to give them reason to believe in the team.


We wrote those words last month in our discussion of rebuilding plans.

We have to say, Wallace has followed this model pretty much to the T. They dumped their largest contract, picked up some expiring ones, have communicated to the fans that they plan on spending the money down the line, and are willing to suffer through some 20-win seasons.

Why then did everyone, including us, jump on the Grizzlies? Was it really that bad of a trade? Why is it that this trade looks so horrendous on the surface, and how does it look beneath it?
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Our initial reaction to the trade was... harsh.




Why? Well for a lot of reasons. One of the reasons was that we got caught up in how much better LA looked after the trade. That's due to a fundamental problem in how people approach the trading game. Essentially, even though they're not aware of it, casual fans and experts alike approach the trade as if it's a game-theory scenario. Essentially, the objective in the situation is to gain as much advantage as you can while limiting your partner's advantage as much as possible. The most "even" scenario is when each side essentially gets the same value, in different skills, in return. That's the only acceptable result without someone getting "ripped off." So when LA comes out with a former rookie-of-the-year with a wide array of offensive talents, and the Grizzlies walk away with Kwame Freaking Brown, Javaris Crittenton, Pau's little bro, and some late round picks, it looks like the Lakers won and the Grizzlies lost.

But a trade between a semi-power and a team struggling to reach 20 wins is not going to be one you can analyze in that manner. Because unlike in game theory, both actors do not share a common goal. Because while Kwame Brown and his expiring contract only holds a low value to the Lakers, it holds ten times as much value to the Grizzlies. They're not on the same playing field. They're not operating on the same plane. There's a clear difference in the goals of the two clubhouses. So instead, for the Grizzlies, we have to analyze them based on their efforts to reach their specific goals in trading Gasol.

First, when you make a trade in pursuit of rebuilding, you're not looking to obtain talent. You're trying to obtain future flexibility. That means expiring contracts and draft picks, of course. You don't want any longterm contracts that take up a big chunk of change and keep you from pursuing the players you really want. Those types of contracts usually accompany accomplished, veteran players. So not only are you unlikely to receive quality talent in return, quality talent actually demands the type of cap rigidity that you're trying to avoid. You're also looking to amass as many picks as possible. With Kwame's expiring contract, JCrit's smallish contract, and the Aaron McKee hilarity, the Grizzlies score a win on this front.

As for the picks, there's been a lot of spinning by the Grizzlies saying they got three first-round draft picks out of the deal. Obviously a lie. They got two picks out of the deal, the first rounder this year and the second-rounder in 2010. There's been a big giant call for criticism of this because the Lakers, already a good team, are now a top team in the West, and so the draft picks are certain to be late round. One issue with this line of thinking. Was Miami knocking down the Grizz' door to give them their pick for Gasol? Did the Sonics call up and say "We must have the euro-center who frequents the elbows and doesn't play defense. Please, take our draft pick! "? Because I'm pretty sure the Grizzlies would have worked something out. The problem? The Lakers were in a unique position to not only have the expiring contracts that Memphis wanted, but were willing to part with them to get the home-run addition. It was only going to be a team with a late round pick that would be willing to pull the trigger. And the Grizzlies couldn't expect the money and the picks. So again, win for the Grizz.

Second, and we really can't stress this enough, you're never going to get equal value return on a superstar. In relative terms, Gasol was the superstar of the Memphis Grizzlies. It's impossible to get return value. Because the most important player for your team can only be replaced by either the most important player on another squad, or a combination of vital players. Either way, you won't be able to get back what you're losing. If you decide to trade that player, you have to accept that the likelihood of walking away better off are infinitely small. Miami sent Caron Butler, Lamar Odom, Brian Grant, and a pick, for Shaquille O'Neal, and people still said the Lakers got robbed. So when you take into account that the odds of getting equal value for Gasol was nil, you have to alter your perceived goals towards flexibility as we said above. When you consider this factor, again, the Grizzlies scored a win. They didn't take on any unfortunate contracts, and instead of falling for the temptation of veteran talent, they stuck to the plan. Mark another one down for the Grizz.

Finally, as we touched on in the rebuilding piece, a team going through this transition needs to maintain communication with its fanbase. Too often the ownership or front-office will attempt to sell the revamped squad as if they believe it's the wave of the future. Heisley and Wallace could have come out and said "Oh, no, what are you guys talking about? Kwame Brown's got tremendous upside!" or "No, we think Javaris Crittenton is just what we need to push us into contention!" And by doing so, they'd be treating their fans as idiots.

For once, in a refreshing change, the Grizzlies didn't do this. Heisley went to the press, and first told everyone it was his call to move Gasol, not Wallace. The Grizzlies received a lot of criticism for this, too. People were questioning who was in charge in Memphis, and how much power Wallace had to make decisions. But think of this. As opposed to the horrid owner/GM situation in the Clippers clubhouse, you've got an owner that goes out and takes the heat off his GM who was obviously involved in the decision. He takes all the criticism off of Wallace and does the best thing he can. Lets him do his job.

Heisley has maintained an open relationship with the press, relating the reasons for the move. He hasn't tried to spin Kwame as some sort of underrated secret weapon, he's been open and honest with the fans. Consider this quote from the Commercial Appeal interview.

I know right now people are saying we're crazy. The point was you have to trade for what you could trade for. We got everything we could get out of the Lakers. We got draft choices and cap relief. That's what we wanted. They weren't going to give us Kobe (Bryant). I'm trying to put a winner on the floor for the people and it's not easy. We're doing the best we can. Anybody that reads more into this is wrong. Maybe we're not making the right decisions but we have the right motives.

If I'm a Grizzlies fan, I'm committed to this team. The front office is transparent with its motives and plans, you know what you're getting into, and you can see the payoff with teams like Portland and the Hornets. You've got Rudy Gay and Mike Conley. They're trying to build something better.

Wouldn't you rather have that than short-term answers that are only going to lead you back into a first round elimination year after year after year?

Once you get past the Bill Walton logic that they should have somehow gotten a superstar back for Gasol, once you realize that you can't evaluate this deal until you see how they draft and how they choose to spend the available money they're creating, once you understand that there was no way to make a deal that was going to satisfy a public that loves the idea of a team "losing" a trade, you can see that the Grizzlies made the best deal available for them. And for having the courage to make that step with discipline and realistic expectations, they should be applauded, not condemned. After all, they're not the Knicks.
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So where are the Grizzlies, now that we've decided they're not completely idiotic?






This season? They're the pellets that Pacman eats. They're the goombas in Super Mario Brothers. They're just in the way.

But let's take a look at it.

They've got Rudy Gay and Mike Conley. Piece that with Darko Milicic (who's defense and on the court presence is ten times what his stats show), and JCN, and you've got enough to work with. Crittenton, if they slide him into the 2, can be a nice backup player that might develop into something. They've got Mike Miller, but twisting him off as well might be the best option.

The cap space, though. Oh, the cap space. There are estimates as high as $15 million this summer, low-ball is 10. Spin off a little bit more, and that should be good enough for Elton Brand, Gilbert Arenas, or Shawn Marion.

Marion is especially captivating, with the Iavaroni links and the ideal setup for Marion in Memphis. Marion wants to be the number one guy. He can be that in Memphis while Gay develops further. He wants to be the primary scorer. There you go. He'll still be in the run-system that's brought him success. And a frontcourt of Darko, Marion, and Gay, with Conley at point? Yowzers.
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Anyway you slice it, the Grizzlies are getting killed in the media for this deal, and it's entirely too shortsighted. The common rebuttal to the arguments made above are that cap space doesn't make wins. But it's a small-market team in a terrible season. This team isn't going to pull players like LA or New York. Bill Walton recently said that the Grizzlies have become a "farm team" and that it's sad.






Well he's right about one thing. The Grizzlies are working on growing something.

This isn't to say, of course, that it'll work out. Ziller had a great comment in the rebuilding article that you need luck. If Memphis gets trapped at a +5 pick, if they can't swoop in fast enough to lure a free agent, if Gay suffers a major injury, the Grizz could find themselves rebuilding for the better part of a decade, which would inevitably lead to a sale of the team.

But if they can catch a break, and stick with the disciplined plan they've started on with trading Gasol, Memphis might just be able to make everyone glad they pulled the trigger on the biggest trade of the year.
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Links:
Heisley's Interview With the Commercial Appeal

20 Questions With Chris Herrington
3 Shades Of Blue Initial Reaction
GrizzBlog article on rebuilding.
Empy The Bench tackles the Gasol "Heist."
More from 3 Shades of Blue
Clips Nation weighs in
How The Lakers "Won"
Chris Wallace Is A Masochist
Fanhouse News On Memphis Future

5 comments:

ClipperSteve said...

Great post...

One devil's advocate observations.

The holy grail of cap space is only useful if you can actually lure free agents to play in Memphis. Elton Brand? No way. This off-season, the Grizz are probably left with the choices of overpaying for Antawn Jamison or overpaying for Shawn Marion. Then the question becomes, are either of those players better than Pau Gasol? And the answer is no. (Marion in particular will have a rude awakening when he starts playing on a team that DOESN'T have Steve Nash - think Kenyon Martin without Jason Kidd.)

Spartacus said...

The response to Clipper Steve's devil's advocate observation is that the Grizzlies don't really intend to use the cap space in the 2008 offseason. They are focusing on the 2009 offseason, which is a much better crop. That means they aren't going to bring in an older free agent (Marion, Brand, Jamison) when the rest of the team needs another 2-3 years before they are "ready for prime time". I'll cover that and more in my post later today.

Anonymous said...

Bulls got hosed in thinking all players want is money. We tried to get T-mac right after the jordan era. no one would play for us the best we could get was eddie robinson. last time we had cap space we blew it on ben wallace look how well that turned out. I hope memphis starts to win, I am enjoying the trail blazers and hornets getting good.

Anonymous said...

Geez, thank god someone can freakin talk some sense.
I read Chad Ford's column about the other offers and they made me laugh:
poopoo platers and 5 for 1 deals.
IF those were the choices, then Im not surprised (maybe the PJ Brown, Tyrus Thomas and pick would have been close but that trade was moot since the Bulls didnt want to go over the cap).

I loved how you explained how the value of a player is different to for different teams. We are not getting Kwame, we are getting his contract.

Btw, what did the Blazers get for their 20-10 star, Zack Randolph?
Stockard Channing and the right to pay millions to Stevie Franchise if he promised to never come to Portland?
I think that was a worse trade for Blazers because they got nothing AND had to pay millions to Francis.
Was it the right thing to do?
Absolutely.
Even Toronto was ridiculed for getting rid of their cancer, Wince Carter, but it was a needed move. And they got nothing of value.

This year's free agency is average and it wont make a big difference next year so I agree that 2009 is a better target to overspend.
This team has to make sure that its core player like Conley, Gay and even Darko (I think he will be a solid 12-10 player by next year and have numbers similar to Chandler when he gets to the ripe old age of 24) improve next year for them to even think about getting a big free agent.

I saw Javaris play when he was younger and as much as I like Lowry, having a 6'5 guard relieve Conley would be a better thing and Iavaroni could even use him at the 2.

Thanks for the great article, it should be required reading for all bloggers and Chad Ford.

RPS said...

"Marion in particular will have a rude awakening when he starts playing on a team that DOESN'T have Steve Nash - think Kenyon Martin without Jason Kidd."

I keep hearing this sentiment expressed but what is the evidence?

First, Kenyon Martin in his first year in Denver was virtually the same player that he was in NJ. His scoring and rebounds dropped ever so slightly, but it's disingenuous to claim that life for him was dramatically different without Kidd. Injuries affected his play more than the lack of Kidd.

Second, Marion's pre-Nash numbers with the exception of his monster 05-06 season were on the whole better -- or at the very least almost identical -- than his with-Nash numbers.

Of course, Martin was playing with Andre Miller and Marion with Stephon Marbury.

Therefore, I think the more accurate statement is that Marion is in for a rude awakening if he goes to a team without a strong PG, e.g., Miami, but that PG doesn't need to be a league MVP.

That's not to say that Marion is capable of carrying a team by himself. To the extent he thinks that, he's delusional.

 
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