Report: Magic trade Carter to Suns for Turkoglu and J-Rich
The Orlando Magic, already in serious trade talks with the Washington Wizards about acquiring Gilbert Arenas, have agreed to a deal in principle with the Phoenix Suns, according to league sources.
No doubt about it, cash is a major part of the reported swap between the Phoenix Suns and Orlando Magic. The Suns don’t have any cash. While the Magic do.
Phoenix owner Robert Sarver lacks resources. His banking and real estate holdings were hard hit by the economic recession. He wants to keep his beloved Suns, but only if he can run the club on the cheap.
Vince Carter has only one year guaranteed on his $17 million per annum contract, which will provide the thrifty Suns with financial flexibility. Mickael Pietrus is a useful swing; Marcin Gortat offers muscle down-low.
Best of all, the Suns are out from under the remaining four years and $40 million of Hedo Turkuglo’s pact.
The Magic, on the other hand, have resources. After dropping five of six games, the club is prepared to shake up its roster. Money doesn’t matter.
The Magic will welcome back Turkoglu and assume his big ticket, especially if they do the expected and send forward Rashard Lewis to the Washington Wizards for Gilbert Arenas.
Jason Richardson’s skill and expiring $14 million contract will also be a fit in Disney World.
Look for these sorts of trades to continue in the polarized NBA. The haves like Orlando will spend. The have-nots like Phoenix will cut salary.
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