Jazz trade Eric Maynor and Matt Harpring

Breaking news:

The Jazz traded Eric Maynor and the right to let an insurance company pay for Matt Harping to Oklahoma City, in exchange for the rights to never hear from Peter Fehse and avoid paying a lot of money in luxury tax.

Here’s how it came down on Twitter:

@Lockedonsports Ronnie Price will be the back-up point guard the Jazz committed to him in the off season with a 2 year deal

@Lockedonsports A quick math check has the #utahjazz saving about 13 million dollars with this deal. Reality is that matters a lot.

@Lockedonsports BREAKING NEWS the utahjazz have traded eric maynor and matt harpring to oklahoma city for the right to an old 2002 draft pick

@Utah_Jazz Jazz acquire draft rights to Peter Fehse from Oklahoma City in exchange for the contract of Matt Harpring and Eric Maynor. See utahjazz.com.

@tribjazz Jazz apparently have traded Eric Maynor plus Matt Harpring’s contract to Oklahoma City for the rights to a European player.

@Lockedonsports Ronnie Price will be the back-up point guard the Jazz committed to him in the off season with a 2 year deal

@Lockedonsports A quick math check has the #utahjazz saving about 13 million dollars with this deal. Reality is that matters a lot.

@Lockedonsports BREAKING NEWS the utahjazz have traded eric maynor and matt harpring to oklahoma city for the right to an old 2002 draft pick

@Utah_Jazz Jazz acquire draft rights to Peter Fehse from Oklahoma City in exchange for the contract of Matt Harpring and Eric Maynor. See utahjazz.com.

UPDATE:

Here’s the Peter Fehse file from the sage wisdom of Sham Sports:

Peter Fehse is a ginger German with a jewfro, whom the Sonics drafted with the 49th pick back in the 2002 draft. They did this on the assumption that this 18 year old reasonably mobile 7 footer would pan out, and become a rebounder and shotblocker at the NBA level. But he emphatically hasn’t. A combination of a lack of skill and endless injuries has pretty much put his career on hold. Fehse has missed time in every season he’s ever played in, with multiple foot and leg surgeries behind him, and his career has never gotten going.

Congrats to young Peter Fehse, who will get paid out of this deal and never have to play a game. Here’s more from NBA.com’s Hoopedia:

Peter Fehse (pronounced: Fah-zah; born May 18, 1983, in Halle, Germany) is a German professional basketball player, currently playing for the Basketball Bundesliga‘s New Yorker Phantoms Braunschweig in Germany.

Fehse, A 6’11” power forward, began playing professionally for SV Halle in 2000. He played two seasons for the team before being selected in the second round (49th pick overall) of the 2002 NBA Draft by the Seattle SuperSonics. He eventually opted to remain in Europe, however, and went on to play for theDeutsche Bank Skyliners in the 2002-03 and Mitteldeutscher BC for the 2003-04 season, where he won the FIBA Europe Cup. In 2004, he joined his current club and has played for the New Yorker Phantoms Braunschweig for three seasons.

Fehse also has made appearances for the German national youth team in the 2000 Qualifying tournament for the FIBA World Championship.

Join KFNZ’s David Locke as he talks about the details.

UPDATE 2:

Marc Stein breaks down the deal.

This deal was typical OKC opportunism. Thunder general manager Sam Presti took advantage of his low payroll to snag yet another good young asset in Maynor by absorbing a contract that is not only expiring (at $6.5 million) but also heavily insured because of the knee and ankle injuries that have forced Harpring into television with NBA TV this season.

Yet this is a deal with two winners. Maynor is a nice prospect, sure, but dare we say point guard is one spot that Utah can afford to sacrfice some depth with a certain Deron Williams on the books.

No way Utah could say no to shedding that much payroll — without surrendering a true core piece — no matter how much you like Maynor.