Advantage, Nuggets: Financial reasons to like deal for Denver
Here are two financial advantages for the Nuggets in dealing Allen Iverson:
1. It puts Denver's trade exception back in play
now or later.
Here's a really clever move: Denver used some maneuvering to swap out the old trade exception from the Marcus Camby trade into a new one. The old one would have expired in July and was worth $10.1 million, but the new one is worth $9.79 million and doesn't expire until November 2009. So now the Nuggets have all of the summer to use their exception if they so choose, a nice side benefit to the deal.
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Detroit had its reasons for making the trade, but Denver came away by winning on the court and on its bottom line. Denver's trade advantage
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