Reports: Warriors trade Jeremy Tyler, Charles Jenkins to avoid luxury tax
By Ben Golliver
Golden State traded Tyler to the Hawks and Jenkins to the 76ers in exchange for draft considerations. Both players are 2011 second-round picks.
Tyler, 21, is averaging 1.1 points and 0.9 rebounds in 3.2 minutes in 20 games this season. A highly touted recruit out of high school, Tyler played professionally rather than attending college in the United States and has so far failed to live up to his prep-school hype. Tyler’s contract runs through 2013-14 but is only partially guaranteed for next season.
Jenkins, 23, is averaging 1.7 points in 6.2 minutes in 47 games. His contract ends after this season.
The NBA’s luxury tax line this season is $70.3 million. Before the trades, Golden State was at $71.1 million. Moving Tyler and Jenkins dropped its payroll to below the $70 million mark, which is key in avoiding future repeater penalties.
Given the circumstances and names involved, it’s likely that the picks sent to Golden State will be heavily protected.