OAKLAND — In a pair of moves that did little to impact the present, the Warriors dealt second-year players Charles Jenkins and Jeremy Tyler on Thursday to gain some favorable financial considerations for the future.
Jenkins was shipped to the Philadelphia 76ers and Tyler to the Atlanta Hawks in exchange for second-round picks. In the process, the Warriors trimmed approximately $1.5 million from their player payroll and got under the NBA's luxury tax threshold just before the league's trading deadline.
Jenkins, a 23-year-old swing guard, and Tyler, a 21-year-old power forward, were both second-round selections in the 2011 draft. The Warriors paid $2 million to the Hornets for the rights to the 6-foot-10 Tyler after the Bobcats took him with the 39th pick. Golden State selected the 6-foot-3 Jenkins with their own pick at No. 44.
“It was difficult — we value both guys, good kids, hard-working players,” said general manager Bob Myers. “In an attempt to do what's right for the Warriors, we also tried to do something that would improve the playing situations of both these guys. They obviously weren't getting a great opportunity here to play.”
While both played extensive minutes in the final month of the 2011-12 season and showed some promise, neither Jenkins nor Tyler had seen much action this year, and the Warriors' financial considerations proved to be more important than either player's future prospects.
Exceeding the $70.307 million tax level wouldn't have cost the Warriors a fortune this year, since they would have paid one dollar in tax for every dollar they exceeded the cutoff figure — roughly $1.2 million.
But having already committed long-term to several core players, the Warriors will likely exceed the tax threshold cap in future seasons. Getting under it this year means the club will avoid the harsher tax penalties it would incur as a repeat offender.
“We didn't want that clock ticking now on becoming a tax-paying team,” Myers said.