The New Orleans Hornets had one second round pick in the 2011 NBA Draft, but sold it to the New York Knicks, who picked up Kentucky's Josh Harrellson. The Hornets reportedly netted $750,000 in the deal, which was -- oddly enough -- exactly the amount the Hornets reportedly paid extra to take on Carl Landry in the midseason Marcus Thornton trade with the Sacramento Kings.
2011 NBA Draft Grades: Hornets Trade Out, Pleasing Mark Cuban
If you recall, Mark Cuban, owner of the Dallas Mavericks, ripped that trade on account of the Hornets being owned by the other 29 NBA franchise owners. Cuban bristled at the league taking extra salary and sending cash considerations to the Kings in the deal; most accurately saw it as sour grapes as a rival got better.
And now New Orleans sells a late pick for $750,000? I’m not a conspiracy theorist, and I don’t think David Stern paid any mind to Cuban’s objections. But it’s worth noting.
Grade: Uh ...
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