TRADE ANALYSIS: JOE JOHNSON TO THE NETS

Nets receive
Joe Johnson (30-yr old, 2013 projected WARP 7.5, ORAPM 2.2, DRAPM -0.7, 4-yr, $89mm)

Hawks receive
Jordan Farmar (25-yr old, ’13 WARP 2.0, ORAPM -0.2, DRAPM -1.1, 1-yr, 4.25mm)
Johan Petro (26-yr old, ’13 WARP 0.3, ORAPM -3.2, DRAPM 0.2, 1-yr, $3.5mm)
Anthony Morrow (26-yr old, ’13 WARP 0.8, ORAPM 0.1, DRAPM -1.2, 1-yr, $4.0mm)
Jordan Williams (21-yr old, ’13 WARP 0.9, ORAPM -0.2, DRAPM -0.9, 1-yr, $0.8mm)
Deshawn Stevenson (30-yr old, ’13 WARP -0.5, ORAPM -2.8, DRAPM 0.4, sign and trade)
Lottery protected #1 pick in 2013

Verdict
I love this trade for the Hawks.  The Nets get the better player, but Johnson’s contract is one of the worst in the game.  Johnson is projected to generate 26 WARP over the next four years, which means that a fair contract would be 4-yrs, $45mm. Trading Johnson to the Nets gets rid of over $40mm of negative surplus value for the Hawks.  Time to short the Nets!

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