The Magic will announce today at 1 pm that they have completed the most baffling sign and trade deal in NBA history. The Magic will send a second round draft pick to the Sonics so that they can ink Rashard Lewis to a 6 year deal worth (holy fuck) 126 million dollars!
This sign and trade is crazy. It benefits no one but Rashard. We get nothing from it except the joy of paying this guy 50 more million dollars than we were going to, plus we lose a draft pick. No unloading of contracts. No compensation. Nothing.
The Magic completely rolled over in this deal, (what happened to the 5 year 85 million dollar contract we were supposed to overpay Rashard with?), giving in to the demands of a player that is worth half that much and crippling the franchise for years to come.
After Shard's contract, which takes up over 30% of our cap every year, plus D12 max deal which will take up a little under 25%, we will have a solid 45% left to sign the best AAU basketball players we can find.
Holy moley, Otis Smith, you suck!
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Lots of new news out there..let me know when you update...
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