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Woj: Indiana Pacers To Amnesty James Posey

Indiana Pacers forward James Posey was not in the plans to play this year and in fact, despite being under contract with the team, was not participating in any team practices after training camp started.

It appeared the Pacers would not initially use the amnesty clause to release Posey and gather his $6.9 million cap space unless an additional move was in the works. Since the team has to pay his salary either way, there was no need to let him go just in case another team came calling to put Pose to work.

So now, Adrian Wojnarowski reports that the Pacers will use the amnesty clause to part ways with Posey.

The Pacers have decided to amnesty James Posey and his $6.9 million contract, league sources tell Y! Sports.

This coming shortly after point guard Chauncey Billups was released by the New York Knicks. Hmm. Honestly, I don't see the fit with Billups at this point or if he would even want to sign with the Pacers. Billups threatened so retire if the wrong team bid on his services while going through waivers. Although, if AND I REPEAT IF the Pacers are interested in Billups, surely they would know he was willing to join the team before using the amnesty clause on Posey.

Regardless, with this news and the buzz of a pending deal for O.J. Mayo, the Pacers are not done making moves this week.

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This is weird.

People are talking about the Pacers, and they aren’t making fun of us. I’m so confused.

WRITTEN IN THE STAAAAARS, A MILLION MILES AWAAAAAAY

I write about the Arsenal for The Short Fuse.

Twitter: Brohan_Cruyff

by Thomas Wachtel on Dec 12, 2011 1:22 PM EST reply actions  

Favorite was @netw3rk on Twitter

here:

It’s almost as if [Larry] Bird is one of those crazy end timer guys who stockpiles food, medicine & guns only the zombie apocalypse actually happens

LARRY KNOWS

WRITTEN IN THE STAAAAARS, A MILLION MILES AWAAAAAAY

I write about the Arsenal for The Short Fuse.

Twitter: Brohan_Cruyff

by Thomas Wachtel on Dec 12, 2011 1:34 PM EST up reply actions  

That's Just Great!!!!!!!!

Now who’s going to take all the charges . . . . Bird needs FIRED!!

Check out my website at www.bradwellssucks.com

by daledavis on Dec 12, 2011 1:22 PM EST reply actions  

More importantly

Who’s going to guard Am’a’re now?

Okay, I got that out of my system.

by Nathan S. on Dec 12, 2011 1:28 PM EST up reply actions  

You are aware...

That Posey never got in the game after JOB was fired.

by TrIpLe G on Dec 12, 2011 4:42 PM EST up reply actions  

"A champion is someone who gets up when he can't."
- Jack Dempsey

by infinityzero.systemerror on Dec 12, 2011 8:18 PM EST up reply actions  

am I the only one that has absolutely no interest in Billups? even w/o the “I’ll retire if someone bids on me” stuff. he was awful in NY.

Sup Jello Shot?

by IndyPacers on Dec 12, 2011 1:23 PM EST reply actions  

Yup

I lost respect for him after that.

by The_Dawson on Dec 12, 2011 1:24 PM EST up reply actions  

yes.

true professionals play for anyone.

Harper's on Miller, McKey, gets in to Miller for the win and...

CHIEF

by wonillionaire on Dec 12, 2011 2:13 PM EST up reply actions  

Exactly

I can understand being frustrated, but that should not have been said. He belongs in Miami with the other losers. We’ll see you in the ECF and whoop your a$$!

by The_Dawson on Dec 12, 2011 2:14 PM EST up reply actions  

not alone.

"A champion is someone who gets up when he can't."
- Jack Dempsey

by infinityzero.systemerror on Dec 12, 2011 8:18 PM EST up reply actions  

Bilups

Wouldn’t want him here, and don’t think he’d want to be here.

by The_Dawson on Dec 12, 2011 1:23 PM EST reply actions  

Posey took 241 shots as a Pacer

88% of them were 3s. In a weird sorta way, I’ll miss JOB.

Sup Jello Shot?

by IndyPacers on Dec 12, 2011 1:29 PM EST reply actions  

it was sorta like a poor man's Don Nelson

you just want to see what crazy stuff the guy’ll pull next. unfortunately he was the coach of my favorite team.

Sup Jello Shot?

by IndyPacers on Dec 12, 2011 1:34 PM EST up reply actions  

Haha

Yeah, I can’t say I will. Even if we made the Playoffs with Obrien, we would have been swept for sure. I hope he gets a job with a team somewhere, just so Vogel can show him how a team should be coached lol.

by The_Dawson on Dec 12, 2011 1:31 PM EST up reply actions  

If anyone is stupid enough to hire him again then I can’t wait until we play them. Easy win.

by pendulum55 on Dec 12, 2011 8:34 PM EST up reply actions  

Wells saying

The move may be in anticipation of not being able to move Brandon in the Memphis deal.

by Nathan S. on Dec 12, 2011 1:39 PM EST reply actions  

that...

makes no sense? Unless we gave Jeff a lot more than I’d anticipated.

Sup Jello Shot?

by IndyPacers on Dec 12, 2011 1:41 PM EST up reply actions  

Has to be

More to it then what’s being said. We must be going after someone or a couple someone’s. Just don’t know who. I posted a thing a bout stuckey, but idk if he would fit here.

by The_Dawson on Dec 12, 2011 1:46 PM EST up reply actions  

Well look on the bright side

Maybe now we can trade Brandon Rush for JO to burn cap space. Or maybe we can buy out Dahntay Jones contract so we can release him next season assuming he doesn’t take his ETO.

by PatsR18andDONEwithoutCHEATING on Dec 12, 2011 3:41 PM EST up reply actions  

There goes our veteran leadership.

All I know is that I can’t wait for the Pacers team to come together. I’ll be thrilled if we get Mayo. We’ll have a solid team, not to mention good pieces should we look to upgrade a roster spot later on.

Also for the roster update for 2K. However, 2K trades will f*ck all that up.

And it's now my sig
by Bronn on May 17, 2011 4:56 PM EDT

by Sparhawk on Dec 12, 2011 1:47 PM EST reply actions  

Bring back Dale?

I was watching old school Monday on NBA TV before they cut to the dwayne wade press conference. Man I miss Dale Davis….

by turnerd259 on Dec 12, 2011 1:50 PM EST reply actions  

The sad part is:

I don’t think D2 10 and 10 every night where ever really appriciated at the time. I remember people always wanting to get rid of him. . . .

Check out my website at www.bradwellssucks.com

by daledavis on Dec 12, 2011 2:02 PM EST up reply actions  

they only wanted to get rid of him because they were terrified of him

Sup Jello Shot?

by IndyPacers on Dec 12, 2011 2:08 PM EST up reply actions  

Well

Not to compare, but I think that’s the kind of effort we can expect to see from Pendergraph? He does the little things that don’t show up, sets screens, defends, hustles. All of that and he can score, but he doesn’t care to do it first. Just like Dale Davis. Just saying.

by The_Dawson on Dec 12, 2011 2:05 PM EST up reply actions  

If he plays like Dale Davis I’ll be the first to break out my new Jeff Pendergraph Jersey and I will write a formal appolgy for calling him Jeff Penderwho.

Check out my website at www.bradwellssucks.com

by daledavis on Dec 12, 2011 2:23 PM EST up reply actions  

Unfortunately

He’d need a few million extra to put towards paying all the fines he’d pick up.

by Nathan S. on Dec 12, 2011 2:16 PM EST up reply actions  

Posey

Never wanted to be a Pacer. I don’t think he really enjoys basketball anymore. He’s a great guy and I think he should just retire and join the NBA on TNT crew. Nobody wears a suit better than James Posey!

by TrIpLe G on Dec 12, 2011 1:57 PM EST reply actions  

Update on Mayo trade...

HoopsWorld has now edited their premature posting to say “the teams are working on a trade…”

by Ejay Lawyer on Dec 12, 2011 2:29 PM EST reply actions  

resigned? with the Jazz?

Wasn’t he on Orlando last year?

"A champion is someone who gets up when he can't."
- Jack Dempsey

by infinityzero.systemerror on Dec 12, 2011 8:19 PM EST up reply actions  

Quick question...

Why did the Pacers include Brandon Rush in the OJ Mayo deal this time if they didn’t the first time? Originally it was just McRoberts right?

by ap3604 on Dec 12, 2011 4:30 PM EST via mobile reply actions  

The original trade is unknown bc we weren’t under the cap back then and their salaries didn’t match so we had to include New Orleans. Everything fell through before the full details were disclosed but I’m inclined to think Rush was a part of it one way or the other.

by hilliard on Dec 12, 2011 4:41 PM EST up reply actions  

he was

the specifics are foggy, but it was something like Rush to the Hornets, McBob and a 1st to Memphis, Mayo here. But that wouldn’t have worked financially at the time so there would’ve had to be more involved, no one really knows what the deal really looked like

Sup Jello Shot?

by IndyPacers on Dec 12, 2011 4:42 PM EST up reply actions  

I seem to remember something similar...

If I’m not mistaken, the most reliable source I read said it was McBobs and an unspecified Pacers pick to MEM, Rush to NOR and Mayo to IND, with MEM somehow absorbing Rush for nothing (or something stupid like our Andrew Betts trade for Peja). If I recall, the REAL reason for the holdup (and granted, the details are not clear because there were several different stories out at the time) was partially due to NOR not wanting Rush, either because they didn’t want to absorb his salary, or he sucks.

Just going off memory.

"You're hitting the wrong person. Don't you know you're hitting Ron Artest?"

Come visit The Fantasy Ninjas. We'd love to hear from you.

by LukeNukem on Dec 12, 2011 5:27 PM EST up reply actions  

To add to that

I thought I remembered reading that NBA owners complained because NOLA was going to absorb Rush’s contract, but they were a league owned team and thus shouldn’t help facilitate deals like that.

Once again, that might be the alcohol-addled memories of an early morning and I might have that confused with the Carl Landry deal the Hornets pulled off earlier in the day.

by pendulum55 on Dec 12, 2011 8:48 PM EST up reply actions  

because the Pacers want to get rid of Rush?

Salaries don’t have to match. I also heard the thing that’s holding up the trade is that Memphis doesn’t want Rush. Kind of a stark indication of how far his stock has fallen, both that Bird is insisting on including him and that Memphis wants no part of his small expiring contract.

by full sail on Dec 12, 2011 8:09 PM EST up reply actions  

I don't know it's that dire

True he probably has pretty poor value right now, but one of the reasons Memphis is wanting to ship Mayo is because they have a stock of backcourt players. From their perspective, why would they want to trade Mayo and take on Brandon? Doesn’t make any sense on their end.

by Nathan S. on Dec 12, 2011 11:07 PM EST up reply actions  

Alright...

So the Grizz GM is denying the trade and Mike Wells’ tweet re: McRoberts’ agent has me thinking this deal is far from done (if it will even happen).

So, I checked available free agents and was surprised to see Michael Redd was still out there. Any possibility we make a run at him?

by Ejay Lawyer on Dec 12, 2011 4:57 PM EST reply actions  

totally agree

we need a sharp shooter who can come in and knock down threes from the bench. injuries aside, he can still shoot. once a great shooter always a great shooter, unless one of his limbs gets torn off or something

by pacers4life on Dec 12, 2011 5:11 PM EST up reply actions  

Ok I’m tired of seeing people say this. idc how many games he’s played in the past 3 years. this is the only period during his life where he’s struggled with injuries. it’s not like he’s prone to them. He’s just had a bad 3 years, that’s all. Even if he does get injured again, it’s not like we’ll have to pay top dollar to sign him. No one is interested right now so i bet he’d be a bargain, maybe a 1 or 2 year deal to see how he does.

by pacers4life on Dec 12, 2011 5:16 PM EST up reply actions  

3 bad years

= prone to injuries

Stick a fork in him.

My Blog on lifting, movies, fish, and some mma: www.themindofshadow.blogspot.com

by dbcb on Dec 12, 2011 5:18 PM EST up reply actions  

Okay

Well i guarantee you this, you’ll be sorry for thinking like that. the team he signs to will get a steal. he’ll have a decent year

by pacers4life on Dec 12, 2011 5:21 PM EST up reply actions  

besides, there’s absolutely NO risk involved. like i said he won’t be an expensive signing. why not give him a chance to prove he still has it? even if it is only for one year

by pacers4life on Dec 12, 2011 5:24 PM EST up reply actions  

Why do Pacers need to sign n trade for Mayo?

Isn’t he a FA? Why can’t Pacers just sign him??

by BenD on Dec 12, 2011 5:26 PM EST via mobile reply actions  

Not yet

He’ll be an RFA next season. This is the last guaranteed year of his rookie deal.

"You're hitting the wrong person. Don't you know you're hitting Ron Artest?"

Come visit The Fantasy Ninjas. We'd love to hear from you.

by LukeNukem on Dec 12, 2011 5:29 PM EST up reply actions  

Here is a little update..

stevekylerNBA Steve Kyler
On The Pacers front… sources close to the process say the team is looking to close its roster, asked remaining free agents for answers. The Pacers have told more than one player if they can not reach a deal soon – they;d have to move on with your business. The Pacers have told more than one player if they can not reach a deal soon – they;d have to move on with your business. Pacers said to have interest in several swing-guard type and have been linked to Hawks free agent Jamal Crawford.

by VERNON HOWELL on Dec 12, 2011 5:43 PM EST reply actions  

good

Well, not about Crawford, but wanting to get this thing done. We have games in 2 weeks.

Sup Jello Shot?

by IndyPacers on Dec 12, 2011 5:47 PM EST up reply actions  

Slow your roll....

Larry Bird is acting like a teenage girl who has money to spend for the first time, throwing caution to the wind. Show a little bit of forward thinking here Larry. You already have 13 players on your roster and the team already has depth at each position. So what the hell is the point of using the Amnesty clause on a player who is only costing 6.9 against the cap with one year left on the deal? Save that clause for later. I hope this report is false and that the Pacers are smart about this whole free agency period.

by thomasezekiel77 on Dec 12, 2011 6:07 PM EST reply actions  

If they don't use it by a certain date they loose it.

The Pacers have already told Posey to stay away they likely tried to buy him out but couldn’t. I think this is a good move by Larry.

by VERNON HOWELL on Dec 12, 2011 6:13 PM EST up reply actions  

How could they "use it later?"

Just curious. Who would you use it on? Because you have to use it on a contract currently on the roster. Would you use it on Rush and let Posey sit there? Because smart GMs are all about losing $4 million at a time. That’s just brilliant.

Posey is the largest hit against the cap, and the NBA is offering a ONE TIME get out of bad contracts free card. They can’t sign a bad one and use it later. If someone is offering me $6+ mil of cap space, and I’m running a team, call me crazy, but I f*ckin take it.

"You're hitting the wrong person. Don't you know you're hitting Ron Artest?"

Come visit The Fantasy Ninjas. We'd love to hear from you.

by LukeNukem on Dec 12, 2011 6:24 PM EST up reply actions  

Bc there's a chance he isn't just a rotting corpse like posey

Jones is actually a helluva teammate

"You're hitting the wrong person. Don't you know you're hitting Ron Artest?"

Come visit The Fantasy Ninjas. We'd love to hear from you.

by LukeNukem on Dec 12, 2011 10:34 PM EST up reply actions  

Dude the amnesty clause can only be used on players signed before July 1st, 2011. It makes all the sense in the world to use it now. We’re not going to use it on Danny, and most certainly won’t waste using it on a 1-2 million dollar player like dahntay jones or brandon rush. we could just waive or trade them. it’s harder to move a 6-7 million dollar contract in the league

by pacers4life on Dec 12, 2011 6:33 PM EST up reply actions  

Larry Bird is acting like a teenage girl who has money to spend for the first time, throwing caution to the wind.

Wrong. That is the rest of the NBA. Giving 15 million to players like Nene, Gasol, Chandler and such.

Larry has been the exact opposite. Sitting back and getting the bargains at HIS price (West).

My Blog on lifting, movies, fish, and some mma: www.themindofshadow.blogspot.com

by dbcb on Dec 12, 2011 7:09 PM EST up reply actions  

8mil for Butler

Seriously… Larry might have been the only sane one so far.

My Blog on lifting, movies, fish, and some mma: www.themindofshadow.blogspot.com

by dbcb on Dec 12, 2011 7:41 PM EST up reply actions  

YOUR SO CRAAAAAAAAAAAAAAAAAAAAAAAAAZY!!!!

Check out my website at www.bradwellssucks.com

by daledavis on Dec 12, 2011 6:28 PM EST reply actions  

Well...

I am heading home for the evening – hope to have some resolution re: the Pacers rather early tomorrow so I can actually get some work done.

I’d be happy with Mayo, Redd, or Crawford. Cheers!

by Ejay Lawyer on Dec 12, 2011 6:54 PM EST reply actions  

Tony Allen on twitter.

aa000G9 Tony Allen
Well I know everybody done heard about the trade!!wanna take this time 2 Welcome my new teammates :: b rush and josh mc roberts!!

by VERNON HOWELL on Dec 12, 2011 7:36 PM EST reply actions  

I don't know why we'd do the amnesty.

We still have to pay him, I don’t think we’re over the cap yet, and the amnesty provision is a “get out of an awful contract free” card for the next 10 years. Why waste it on a one year deal? Hold it in case you royally f’ up on a deal.

by SethGrandpa on Dec 12, 2011 7:42 PM EST reply actions  

it can only be used on contracts signed before July 1

So it is either use it for Posey now, or possibly Granger later. Those are really the only two options.

My Blog on lifting, movies, fish, and some mma: www.themindofshadow.blogspot.com

by dbcb on Dec 12, 2011 7:46 PM EST up reply actions  

I initially thought the amnesty could be saved up...

but clearly it can’t. Use it now to clear a roster spot and the option to get the cap space back (or keep it towards your cap if you are below the minimum), with the penalty of having to pay the player despite not having his services and not having the option to trade him to another team who may decide they want him.

There’s no way he was playing, and there’s no one anyone else would want him, so all we end up doing is freeing a roster spot and cap space. Turns out they made the right move.

by Abe the Hoosier on Dec 12, 2011 8:07 PM EST up reply actions  

Right
the penalty of having to pay the player despite not having his services and not having the option to trade him to another team who may decide they want him.

When you have James Posey on your roster, you’ve pretty much already accepted that you won’t have his services (because he doesn’t have any to offer) and that you don’t have the option to trade him (because who the f*** would want him?)

"You're hitting the wrong person. Don't you know you're hitting Ron Artest?"

Come visit The Fantasy Ninjas. We'd love to hear from you.

by LukeNukem on Dec 12, 2011 8:11 PM EST up reply actions  

is chucking threes a service?

If so, then Posey has services to offer.

by Jamison1 on Dec 13, 2011 8:49 AM EST up reply actions  

Has the Mayo trade gone through?

Or are they still waiting to see what Crawford is going to do?

by go pacers on Dec 12, 2011 9:31 PM EST reply actions  

I wish...

They would either use the cap space and trade for Eric Gordan, or bank it and sign some 1 yr guys and use the cap space for next year when Gordan is an UFA.

by PurdueBoiler1995 on Dec 12, 2011 10:16 PM EST reply actions  

He isn't a UFA next year

he is restricted.

My Blog on lifting, movies, fish, and some mma: www.themindofshadow.blogspot.com

by dbcb on Dec 12, 2011 10:27 PM EST up reply actions  

which is why

I am happy LAC matched for Jordan and signed Butler. Burn that capspace LAC! Less space to sign/match Gordon, especially since they will probably be looking to ink an extension on Griffin at the same time.

by DougInOz on Dec 12, 2011 11:02 PM EST up reply actions  

cap space

At first I was annoyed with amnestying Posey, as a buyout may have saved the Pacers real cash. But now that I’ve thought about it, if he’s claimed Indy would probably pay a similar amount to a buyout.

The real reason is Indy will have cap room in the season to be involved in trades as a facilitator – as the amnesty can only be used before a season tips off (the downside is Indy can’t take a bad contract and amnesty it, but there shouldn’t be many eligible contracts left anyway in the NBA)

by NZ Buc on Dec 12, 2011 11:14 PM EST via iPhone app reply actions  

I thought I saw somewhere...

that traded contracts can’t be amnesty’d?

by DougInOz on Dec 12, 2011 11:29 PM EST up reply actions  

traded amnesty

You might be right Doug. In that case no real downside for using it now.

by NZ Buc on Dec 13, 2011 12:49 AM EST via iPhone app up reply actions  

Did a quick search:

From this SI article: http://nba-point-forward.si.com/2011/12/06/details-of-amnesty-provision-emerge/

Teams will not be able to use the amnesty provision on a player acquired in a trade going forward.

Interestingly, while amnesty contracts no longer count for exceeding the cap, they still count to make sure teams reach the salary floor.

by DougInOz on Dec 13, 2011 12:56 AM EST up reply actions  

salary floor

I think it’s at the teams request whether the amnesty counts for the floor or not. Would be ideal if pacers could decide this at end of the season.

by NZ Buc on Dec 13, 2011 1:56 AM EST via iPhone app reply actions  

That's not how it works.

Counting toward the floor and counting as part of salary cap are different things. Think about it, the whole reason behind amnesty is to not count towards exceeding the cap. The salary floor part is not an either/or. Amnestying Posey means the money goes toward the salary floor without a threat of it sending us above the cap. If it wasn’t this way the amnesty thing would be self-defeating.

by SethGrandpa on Dec 13, 2011 4:05 AM EST up reply actions  

salary floor

I thought about that immediately after posting grandpa, so I’m glad to hear that’s how it works

by NZ Buc on Dec 13, 2011 10:07 PM EST via iPhone app reply actions  

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