Grizzlies trade for Shaun Livingston

[Admin]

So basically the Grizzlies get cash and give up a conditional 2012 pick? Poor Shaun Livingston, it's a shame that he never panned out.

Jan 07, 2009 5:04 PM EST

The Miami Heat announced today that they have traded guard Shaun Livingston and cash considerations to the Memphis Grizzlies for a 2012 conditional second round draft pick. In four games this season, Livingston averaged 2.3 points and 1.0 assists in 10.3 minutes. The 6’7” guard signed with the Heat as a free agent on October 3, 2008. He was originally drafted by the Los Angeles Clippers with the fourth overall pick in the 2004 NBA Draft.

Jan 07, 2009 6:09 PM EST

The Memphis Grizzlies have waived guard Shaun Livingston, Grizzlies General Manager and Vice President of Basketball Operations Chris Wallace announced today. The 6-7, 185-pound guard was acquired today with cash considerations from the Miami Heat in exchange for a 2012 conditional second round draft pick. Livingston averaged 2.3 points and 1.0 assists in 10.3 minutes in four games with Miami. He signed with the Heat as a free agent on Oct. 3, 2008.

[WraithSentinel]

Grizz must really need the money or they got too many 2nd round picks.

[AHF]

Why does Miami do this? Is Livingston on a guaranteed contract that they can dump via this trade?

[Guest]

Why does Miami do this? Is Livingston on a guaranteed contract that they can dump via this trade?

What it sounds like is that Miami spent their cash considerations to purchase a 2nd round draft pick and thats why they did the trade. They could have easily just waived Livingston and that would provide the same effect on the luxury tax. I imagine the Grizz said hey we will sell you our 2012 pick for cash. Because you cannot simply trade a draft pick for cash, they said to send them over Livingston to make the trade work under the CBA.

[DrReality]

The Griz have nothing to lose. I wish the guy well.