Trade Josh Hart traded to the Knicks

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Whyachi said:
Hart has played 2 games (both KO wins) against the Blazers since the trade.

Josh has accumulated:
23pts 24reb 10ast 6stl

divide that by analytical ppm using the Tmac sliding guage-o-meter, the conclusion is simple...

dial 1-800-CRONIN when your team needs to tank and lose games immediately.
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Good thing a season is more than 2 games, right????
 
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Whyachi said:
yaaay, Jody Allen is making money off a really bad Blazers team. That deserves a Front Office pizza party indeed
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This is pretty funny. We all know she would make much much more money off a great team or at least the trust would.
Yay pizza for everybody!
 
kjironman1 said:
This is pretty funny. We all know she would make much much more money off a great team or at least the trust would.
Yay pizza for everybody!
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order a blow up castle for the party. Offering up Josh Hart as a bad NBA contract, is giving the Blazers GM a big squishy safe landing area.
 
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kjironman1 said:
This is pretty funny. We all know she would make much much more money off a great team or at least the trust would.
Yay pizza for everybody!
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If the team were great wouldn't there be more interest in purchasing it?

She gets nothing when they sell. So she'd lose the tens (hundreds?) of millions per year she's currently earning to run the team...
 
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Phatguysrule said:
If the team were great wouldn't there be more interest in purchasing it?

She gets nothing when they sell. So she'd lose the tens of millions per year she's currently earning to run the team...
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That certainly seems to be looking like the case at this point. She certainly doesn't seem to be in any kind of hurry to sell either the Blazers or Seahawks. Notice both franchises are nowhere near winning a title.
 
kjironman1 said:
That certainly seems to be looking like the case at this point. She certainly doesn't seem to be in any kind of hurry to sell either the Blazers or Seahawks. Notice both franchises are nowhere near winning a title.
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we've heard plenty of rumors about JA making a fortune each year from the fee to be the executor. And lots of rumors about her slow-walking the liquidation of estate assets and giving the proceeds to charity. Obviously, since she earns an annual fee from estate asset value any sale of asset reduces her fee

IIRC, there is a codicil in PA's will that says the proceeds from the sale of the Blazers and Seahawks have to be directly deposited into PA's favorite charities

anyway, I've read the 2-5% general fee rate in several articles. Split the difference and say her fee is 3.5%. Last year the Seahawks were 'valued' at 5B and the Blazers were valued at 3B. So, around 8B total. That could mean that JA 'earns' about 280M/year for the title of executor of the two teams. And over 100M for 'running' the Blazers. If PA's estate is still valued around 20B, she could be making 700M/year

it's likely one of the greatest gravy trains in history. Her + Bert Kolde sitting on top of the pyramid is a disaster for Blazer fans
 

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Have we heard any of these "plenty of rumors" outside of Canzano, and those just using his story as the basis for theirs?
 
Just read Paul's will. There is compensation for Jody, including exspenses. The compensation terms are vague, using words such as reasonable, but tied to the value of the estate.

After Jody, others are listed.

Nancy Peretsman, managing director of Pauls investment co.

Allen Isreal and Nicholas Saggese. I believe they are attorneys.
 
RR7 said:
You say plenty. Are there others beyond Canzano?
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again...do you think she gets a fee as executor? Is the fee based upon the value of the estate?

OF has a post directly above that says she gets a fee and it's based upon the value of the estate. The 'standard' fee in Washington appears to be an annual fee in the 2-5% range of estate value. Jody is PA's sister and they appeared to be pretty close so it would make sense he'd take care of her...which may very well explain why there was such a long time frame allowed for liquidation of the estate

even if the fee was as low as 1%, a 200M/year fee for JA would be pretty strong incentive to slow-walk the settling of the estate. And 30-100M/year seems like strong incentive to hold onto the Blazers as long as possible. She's 65; maybe she still wants to be collecting that fee when she's 80. I sure would
 
wizenheimer said:
again...do you think she gets a fee as executor? Is the fee based upon the value of the estate?

OF has a post directly above that says she gets a fee and it's based upon the value of the estate. The 'standard' fee in Washington appears to be an annual fee in the 2-5% range of estate value. Jody is PA's sister and they appeared to be pretty close so it would make sense he'd take care of her...which may very well explain why there was such a long time frame allowed for liquidation of the estate

even if the fee was as low as 1%, a 200M/year fee for JA would be pretty strong incentive to slow-walk the settling of the estate. And 30-100M/year seems like strong incentive to hold onto the Blazers as long as possible. She's 65; maybe she still wants to be collecting that fee when she's 80. I sure would
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You're putting words in my mouth. I didn't say I don't think she gets a fee. I simply asked, You said multiple rumors. You've now avoided showing those multiple rumors twice, instead asking a question in answer. I assume typing "According to Canzano" didn't have quite the same feel to lead off a post as "multiple rumors"
 
RR7 said:
You're putting words in my mouth. I didn't say I don't think she gets a fee. I simply asked, You said multiple rumors. You've now avoided showing those multiple rumors twice, instead asking a question in answer. I assume typing "According to Canzano" didn't have quite the same feel to lead off a post as "multiple rumors"
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I'm not really curious about how many rumors exist separate from Canzano's place in the rumor flow chart. Google it yourself. And I don't care about you trying to gotcha! my post on some semantic deep dive based on my phrasing

how about this: JA is the executor; logically, she is getting a fee as executor based upon estate value, and OF says that is actually specified in the will; logically that creates incentive to slow-walk the dissolution of the estate since the time-frame appears to be fluid. And logically, the Blazers fit into that equation.
 
RR7 said:
You're putting words in my mouth. I didn't say I don't think she gets a fee. I simply asked, You said multiple rumors. You've now avoided showing those multiple rumors twice, instead asking a question in answer. I assume typing "According to Canzano" didn't have quite the same feel to lead off a post as "multiple rumors"
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The degree to which Canzano is a source of irritation, might elevate it to multiple source territory…
 
wizenheimer said:
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we've heard plenty of rumors about JA making a fortune each year from the fee to be the executor. And lots of rumors about her slow-walking the liquidation of estate assets and giving the proceeds to charity. Obviously, since she earns an annual fee from estate asset value any sale of asset reduces her fee

IIRC, there is a codicil in PA's will that says the proceeds from the sale of the Blazers and Seahawks have to be directly deposited into PA's favorite charities

anyway, I've read the 2-5% general fee rate in several articles. Split the difference and say her fee is 3.5%. Last year the Seahawks were 'valued' at 5B and the Blazers were valued at 3B. So, around 8B total. That could mean that JA 'earns' about 280M/year for the title of executor of the two teams. And over 100M for 'running' the Blazers. If PA's estate is still valued around 20B, she could be making 700M/year

it's likely one of the greatest gravy trains in history. Her + Bert Kolde sitting on top of the pyramid is a disaster for Blazer fans
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Holey shit. That's far more than I thought.... Mother f***!
 
reading between some pretty obvious lines I think it was the trade of Hart to NY that showed that Cronin had no intention of trying to re-tool around Dame. That closed the coffin and drafting Scoot was just the last nail
 
I did not watch the game. Looks like he had great stats other than his +/- ( -5)
Looks like NY's bench kicked ass. They won with all their starters having a negative +/-
 
Pinwheel1 said:
I did not watch the game. Looks like he had great stats other than his +/- ( -5)
Looks like NY's bench kicked ass. They won with all their starters having a negative +/-
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Philly seemed open to the idea of Hart being the guy in the starting lineup to beat them. The law of averages would suggest this is a sound strategy for the 76ers. We'll see if he can continue to go 4-8 from deep into he upcoming games.
 
wizenheimer said:
reading between some pretty obvious lines I think it was the trade of Hart to NY that showed that Cronin had no intention of trying to re-tool around Dame. That closed the coffin and drafting Scoot was just the last nail
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It made no sense because months earlier we traded the assets for the Duren pick to get Jeremi Grant. Either build with vets or build with youth for the future, you shouldn't do moves both those directions at once. Hart was a better two way player and much cheaper.

If we weren't ever gonna build around Dame should've traded him when Olshey was fired.

I always look at it as the Clippers trade being the key moment of the current path and the end of building a realistic winner around Dame. A competent owner would've first made a long term GM decision, have a long term plan, then start working on big moves. Instead we traded multiple starters for some Didi guy, a 2nd round pick, and cash multiple days before the trade deadline. Never understood how fans thought we were going to then take steps to put a winner around Dame.
 
Sucks even more to realize the big prize we got for sending away Hart was using a FRP in a super deep draft and ending up with Kris Murray..... Reminds me of the Swanigan pick.

Even not considering Scoot we have 3 rookies taken later that are all much better players. That's for a 21 win team and a very old rookie with little upside.... pathetic.

Hart was an awesome player here, even when his jumper wasn't falling. Enjoyed watching him, his hustle, defense, rebounding, pushing the ball and his two way contributions. Haven't enjoyed that as much for any Blazer since Wes Matthews.
 
I don't have an issue with what they got for Hart. He wasn't coming back and you got a 1st round pick out of him. I take more issue with what they got for the pick.

In a re-Draft, Camara and Rupert are 1st rounders, Murray is not. So it worked out, but value wasn't maximized as much as we would have liked.
 
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