The trade New Orleans made for Carl Landry on Wednesday cost
the Hornets about $750,000. That’s the difference in salaries –
pro-rated, of course – in getting Landry for the players they shipped to
More accurately, it cost the rest of the NBA about $750,000.
The Hornets are owned by NBA until a new owner can be found.
That extra salary isn’t much in the NBA scheme of things, but it’s
still money that the other NBA teams who are over the luxury tax have to
reimburse to the Hornets, which doesn’t sit well with Mavericks’
owner Mark Cuban.
“All I know is that if most of the owners in this
league can’t take back salary in a deal, then the Hornets shouldn’t
be allowed to, either,’’ Cuban said. “We’ve allowed a
team that’s basically losing its (assets) to take on salary. I’m
not saying anybody did something underhanded. I’m just saying that when
we wrote the rules, somebody forgot the loopholes.’’
Asked if virtually all owners would frown on taking back
extra salary for anything other than a no-brainer trade, Cuban said:
While it’s not a huge sum of money, that’s not
the point, Cuban said. Whether it’s a dime or $10 million, it just goes
against the principle of the matter.