Hornets, Celtics Still Exploring Sign-And-Trade Structure For Hayward Deal?

The Celtics and Hornets are still discussing the possibility of turning Charlotte’s signing of Gordon Hayward into a sign-and-trade, according to Adam Himmelsbach of The Boston Globe (Twitter link).

Hayward reached an agreement earlier today to join the Hornets on a four-year, $120MM contract. Charlotte doesn’t have the cap room necessary to fit Hayward’s first-year salary in without making a corresponding roster move, so the team is reportedly planning to waive and stretch the final year of Nicolas Batum‘s contract, creating an extra $18MM in space.

Whether or not the Hornets intend to move forward with their plan to use the stretch provision on Batum, it makes sense to explore the possibility of a sign-and-trade.

Sending out enough salary to altogether avoid having to waive Batum would create future cap savings for Charlotte, though it’s not clear if acquiring a player like Terry Rozier or Cody Zeller would be of any interest to the Celtics after they reportedly reached deals with Jeff Teague and Tristan Thompson tonight.

Even if the Celtics don’t get anything of substance back from Charlotte in exchange for Hayward, the ability to create a massive traded player exception worth the forward’s outgoing salary should appeal to president of basketball operations Danny Ainge, as that exception could come in handy at some point over the next year. Boston may be willing to send the Hornets a small asset – such as a future second-round pick or cash – in order to create a sizeable TPE.

If the two sides don’t reach an agreement, Charlotte can simply move forward with its initial plan to waive and stretch Batum.

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29 thoughts on “Hornets, Celtics Still Exploring Sign-And-Trade Structure For Hayward Deal?

  1. seamaholic

    Wouldn’t the asset have to go the other way? There’s no TPE created if Boston is sending Hayward and stuff for literally nothing. Hornets would have to send a pick or some stiff whom Boston waives.

    • Luke Adams

      Yeah, in that scenario the Hornets would probably send a top-55 protected future pick or something along those lines. A “something” that’s really nothing.

      • OrienGreene

        I originally thought they would send Batum and a pick instead of stretching him.

        • Luke Adams

          That’s theoretically a possibility, though I feel like it’d be a lot trickier to work out (Hornets wouldn’t want to give up a strong pick, Celtics wouldn’t want to take Batum WITHOUT getting a strong pick).

    • Michael Chaney

      In that case, I’d imagine it would be something like Hayward and a second rounder to Charlotte in exchange for a top-55 protected second rounder

      • seamaholic

        In that case it would be a sign and trade, and Charlotte would be hard capping itself. Not sure if it cares (they’re very far from the apron).

        • Michael Chaney

          I’d imagine that isn’t an issue to them. With the way that Charlotte tends to use their cap space they’d probably be better off hard capped anyway lol

  2. OrienGreene

    Zeller? Scary Terry would work though, Walker, Rozier, and Smart would be an excellent 3 guard rotation with Teague for depth if Rozier didn’t sulk like last time.

    .

    • I Beg To Differ

      You: Haha, Celtics are a mess when they make ECF and are about to flip Hayward for better assets. Got ya.

      That comment didn’t age well, at all.

      Article: Even if the Celtics don’t get anything of substance back from Charlotte in exchange for Hayward, the ability to create a massive traded player exception worth the forward’s outgoing salary should appeal to president of basketball operations Danny Ainge, 

      Author comment : Yeah, in that scenario the Hornets would probably send a top-55 protected future pick or something along those lines. A “something” that’s really nothing.

    • FromTheCheapSeats

      Given the overpays we’ve seen this off-season, this barely even qualifies.

  3. GoLandCrabs

    Hornets did a good job overpaying for a decent player. No one is ever going to Charlotte when the money is the same so its a move they had to make.

    • Col. Sanders

      True. Small market team have to pay extra bucks for star players and for Hayward it’s good opportunity to prove he’s still got something left in the tank after all this injuries.

    • hiflew

      I still can’t believe he asked for Turner AND Warren or Oladipo. I’ve never been a big Ainge fan, but most GMs would have turned backflips to just get Turner for their team instead of asking for a starting wing with him on a team that already has too many wings as it is.

      • Agree, even if it was just a negotiating position. Turner might have been the best asset ever returned in a S&T, and a perfect fit. He should have been on top of a S&T with the Hornets immediately as well. Even if he doesn’t want Rozier back, he could have taken Zeller (in lieu of TT, better fit, 1 year vs 2), kept his MLE and get a 13 mm TPE.

      • max57

        Danny should be asking for more. It’s his job to try to improve as much as possible. But that’s irrelevant. There’s no trade if there’s no signed deal. Hayward chose Charlotte. THAT is what killed the deal.

  4. Little_Dunker_45

    I hope Celtics get something out of this if only so I don’t have to listen to people overreacting asking for Ainge to be replaced. This is not an organization that needs to start from scratch – far from it. Unless you are replacing Ainge with a guaranteed commodity (and please, tell me who that is? No one seems to be able to…I’ll wait…) getting rid of him is not going to make this team better overnight.

    • FromTheCheapSeats

      The only thing Boston stands to gain is a trade exception. They are going to have to give Charlotte more value (or just eat a contract) in order to get the Hornets to convert this.

  5. indy 2

    Well, MJ’s not a winner when it comes to running an organization!

    Getting Hayward at ANY price is a dementia move!

  6. indy 2

    Well, MJ’s not a winner when it comes to running an organization!

    Getting Hayward is a loser’s move!

  7. onthebucks

    The Celtics should earmark a few bucks from their traded player exception and add Aron Baynes. He adds a lot of muscle, can help wear down opponents, and puts up surprisingly good numbers for the amount of time he plays. He would only cost pocket change but provide valuable insurance.

  8. El Don

    Don’t understand the benefit for CHA in a S & T?
    I mean waiving & stretching Batum seems to be a fantastic idea for them anyway just for getting rid of him!
    Only way I can see this working for CHA is if they send some awful contract or player to BOS meanwhile BOS sends to them a good asset, that would work!

    • FromTheCheapSeats

      If it converts to a S&T, Boston won’t be getting the better of what gets added.

      It’ll either be CHA unloading a contract (like Batum or Zeller) or swapping a lower pick for a higher Boston pick.

      Otherwise, you’re right. There’d be no benefit for the Hornets.

    • FromTheCheapSeats

      Waive and stretch of Batum is not a horrible idea. But unloading his contract would be exponentially better. Good luck with that, though.

      However, even if he’s stretched, the second year of that cap hit would coincide with Zeller coming off the books.

      Unless this Hayward deal winds up being a terrible contract (and it definitely could), the Hornets are in pretty good cap shape for the foreseeable future.

      Remember, just last year, the were carrying horrible deals on Marvin Williams, MKG, Biyombo, Batum, and Zeller.

      We’ve suffered through cap hell. Hopefully that’s all in the past, and the Hornets can get serious about winning.

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