Blog Entry

Report: Hornets and Raptors close to trade

Posted on: November 20, 2010 11:27 am
Edited on: November 20, 2010 2:14 pm
Trade being discussed to send Peja Stojakovic and Jerryd Bayless to Toronto for Jarrett Jack, David Andersen, Marcus Banks. Posted by Matt Moore

UPDATE 2:07PM: confirms the trade is done, talks with the league will occur this afternoon. Bizarre.

Ken Berger confirms that the Hornets save $4.6 million immediately, which gets them off the cap and allows them to look at options at the deadline. The Raptors, in addition to getting Peja's expiring contract they can move before the deadline, save $4.7 million next year.

We'll have more analysis in a bit.

The New Orleans Times-Picayune , a bizarre Euro site via , and ESPN are reporting that the New Orleans Hornets are close to a trade that would send Peja Stojakovic and Jerryd Bayless to the Toronto Raptors for Jarrett Jack, Marcus Banks, and David Andersen. It is a baffling trade from about a hundred angles. We'll go over some of them here while the two fight over how much money the Hornets have to send the Raptors.

  • The Hornets are 10-1, not exactly in need of a bump-up, and having Bayless as a change of speed, dynamic scorer off the bench was a good thing for them. Getting Jack gives them a veteran defender and solid backup point guard in a more traditional mold, but it also means they get a B+ point guard in salary and talent for a spot they only have about 15-20 minutes or less for a night due to them having the best point guard on the planet.
  • Moving Peja right now means they lose the ability to swap him at the trade deadline, when his $14-million-plus expiring contract is likely to have more value than it does now. That kind of expiring change can help you fill in a lot of holes when teams decide they need to cut payroll dramatically. Teams will also know more about how the CBA talks are headed after the All-Star break. 
  • For the Raptors, it's just as puzzling. Bayless is a terrific young talent and having Peja's expiring are both good things. But this puts Jose Calderon firmly in the starter's role for point guard, and he's a defensive sieve. They get smaller at the guard positions, and just try and imagine a Jerryd Bayless and Leandro Barbosa backcourt. They would represent the Lollipop Guild for crying out loud.
  • As Bayless can't be moved until December 23rd, Bruce Arthur of the National Post reports via Twitter that the deal may be set up as one of those "agreed all together, executed in parts" type deals where the Raptors would use part of their Chris Bosh trade exception to acquire Bayless.
  • Andersen's not a terrible center, he's really not in a league that has so few good ones, but he's redundant with Aaron Gray on the roster.
  • Marcus Banks is barely alive in NBA terms.
  • The Raptors will at least be fun to watch, and with Willie Green becoming the entrenched backup to Marco Bellinelli (who saw either of those things happening this year?), Bayless and Peja were expendable. This isn't really about losing vital assets for the Hornets, it's about not capitalizing on bigger opportunities. But at 10-1, I guess Dell Demps and Monty Williams have earned the right to bet with House money a bit. 
  • ESPN also reports via Twitter that Jack is a close personal friend of CP3, which could explain this as a further move to make the superstar happy.


Since: Nov 26, 2006
Posted on: November 20, 2010 6:26 pm

Report: Hornets and Raptors close to trade

The only rationale for Colangelo to make this trade for Stojakovic is a possible move before the trade deadline; Peja's expiring contract ($14.8 million) could be use as bait to land a player such as Atlanta's Josh Smith or help the Raptors to become involved in a multi-team deal with the Nuggets and Knicks for Carmelo Anthony.  The Raptors would definitely be interested in future draft choices as they hope to rebuild from the bottom up.  Peja should provide some scoring punch as he's finally healthy and will probably need to showcase his talents if he wants to extend his NBA career.  By trading Jarrett Jack this allows Jose Calderon to move into the starting PG position.  Overall it's a gamble but one Colangelo had to take. 

Since: Dec 11, 2006
Posted on: November 20, 2010 2:08 pm

Report: Hornets and Raptors close to trade

This is a nice little move by Colangello.  Jarret Jack is nice, but he certainly won't mean the difference for the Raps, the team is going nowhere.  Taking Stiffjakovic will allow them to either relaese him and get some cap space for the off-season, or trade him at the deadline for some young parts.  More than anything else, this should get the Raps in the top-7 picks in the next draft and they can really start to rebuild with talented youth and make themselves into a player in a still pretty weak eastern conference.  BC is just being a realist, and for this he should be applauded.

Since: Aug 16, 2009
Posted on: November 20, 2010 1:46 pm

Report: Hornets and Raptors close to trade

I wouldn't call the Hornets frontcourt "their biggest weakness." You watch them on a regular basis so you know more than me, but I would have to think that it's their improved front court play that's gotten them to 10-1. Okafor has looked good and West has played great. I can see some issues with depth as you guys only have one backup big man (Jason Smith). But at least now you have another 7 footer in David Anderson.

The reason this trade is good for the Hornets is because of what experience Jarrett Jack brings. Before the trade, the Hornets had no point guard to bring off the bench (having to rely on Willie Green who is not a point guard). Now if Paul gets hurt, this team can at least remain competitive.

Since: May 23, 2008
Posted on: November 20, 2010 1:28 pm

Report: Hornets and Raptors close to trade

 Putting another clog in this line-up is like declaring you want that #1 overall pick next summer above all else.

Ding ding ding!!! The Raps are going nowhere this season but 4-9 isn't bad enough to matter. Now they will hopefully win less than 15 games the rest of the year and end up with the #1 overall pick plus a ton of cap space. Smart move BC. Smart move!!! I'm sick of the Raps being mediocre with middle of the road picks. I'd rather stink and get up to a level to compete. Fighting for 8th place isn't my idea of fun. Fighting for 1st pick? Now thats exciting!!

Since: Sep 1, 2006
Posted on: November 20, 2010 12:41 pm

Report: Hornets and Raptors close to trade

Bryan Colangelo really needs to get over his man-love for unathletic European stiffs. On the court this trade makes very little sense for the Raptors. The only reason they have held any semblance of competitiveness with the marginal talent they have this year is by playing an uptempo, high energy style that caters to guys like Derozan, Weems, Johnson, Barbosa, Evans, etc. And all that's managed to do is get them a whopping 4-9 record. Putting another clog in this line-up is like declaring you want that #1 overall pick next summer above all else.

Off the court I'm not sure. The only reasoning I can see is Colangelo is trying to acquire pieces to make a big move around the trade deadline? He already has the $12 mill Bosh exception though, so this seems like overkill to me - and would Peja even be eligible to be traded again then?

So please no more lumbering Euro-stiffs BC - did you learn nothing from the Hedo situation??

Since: Nov 17, 2006
Posted on: November 20, 2010 12:27 pm

Report: Hornets and Raptors close to trade

I don't get it.  It's not that I don't necessarily mind "rocking the boat" after the hot start, but the idea all along was to save Peja Stojakovic's expiring deal to get a big man.  Whether or not they had to include Marcus Thornton for it was the question.  Also, giving up on Jerryd Bayless this early seems a little confusing to me.  He's just started to come around as of late, and although Jarrett Jack is a better back-up point guard, they really didn't need another back-up point guard.  It's going to keep that logjam, and add absolutely nothing to the frontcourt which is the team's biggest weakness.  I just don't see the need to get rid of Peja so quickly.

Since: Aug 16, 2009
Posted on: November 20, 2010 12:17 pm

Report: Hornets and Raptors close to trade

Great trade for the Hornets. Get rid of salary and trade away two backups for a starting point guard. Now the Hornets can at least be a competitive team if Paul gets hurt again.

And since when is Jerryd Bayless a "terrific young talent." All he's done is ride the bench his entire career. He's looked good in some games, but he's not nearly consistent enough for a team that lacks a backup point guard.

I think anyone would rather have Jack over Bayless. And then when you consider getting rid of Peja's salary. This is a great deal for the Hornets.

Since: Jul 11, 2009
Posted on: November 20, 2010 12:15 pm

Report: Hornets and Raptors close to trade

When I saw the headline, I was excited to see who was moving where.  When I read who was involved, I was dumbfounded.  As you pointed out, this trade makes no sense on any level, and who cares if Jack is a close personal friend of Chris Paul.  You play to win the game...not to play with your buddies.

Since: Jun 10, 2010
Posted on: November 20, 2010 12:10 pm

Report: Hornets and Raptors close to trade

i completely agree with this article. jack would def be an upgrade as a backup pg but i feel that we could get a much bigger piece for peja's expiring deal and bayless who has potential. and what about thornton. he doesnt even play. why not package all three of them for a really good player at the trade deadline when teams are desperate to get under the luxury tax line and know they are out of contention

Since: Aug 19, 2006
Posted on: November 20, 2010 12:06 pm

Report: Hornets and Raptors close to trade

Deal just doesn't make sense for either team

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