Here’s a quick and dirty timeline of the entire Joe Smith timeline for those who aren’t familiar with it:
- June 28, 1995: The Golden State Warriors draft Joe Smith 1st overall. Amusingly, he was picked ahead of his future teammate Kevin Garnett but for the time being, Joe was a Warrior.
- February 17, 1998: After several seasons with a terrible Warriors team, Joe Smith was traded to the 76ers as part of a 4-player deal (TL;DR this was before rookie contracts led to restricted free agency for a player’s 2nd contract. See also: The Raptors losing Tracy McGrady in a sign and trade to the Orlando Magic a few years later as T-Mac was an unrestricted free agent.) During this time, Smith allegedly turned down an $80 million contract with Golden State.
That’s Joe’s career up to that point, here’s what happened after the NBA lockout ended in January of 1999.
- January 22, 1999: The Minnesota Timberwolves sign 3 free agents. One of those is Joe Smith, whose deal is a 1 year, $1.75 million contract.
- Though the full details won’t come out until much later, the plan is for Joe Smith to sign 3 1 year deals with the Timberwolves so they could use his Bird Rights to sign him to an $86 million dollar deal. For now, just know this deal was well below his expected market value.
- August 16, 1999: Joe Smith signs another 1 year deal, this one worth $2.1 million.
- December 13, 1999: Following a fallout between one of Eric Fleisher and Andrew Miller, then-agents for the firm working on several NBA, Miller left Fleischer’s agency and took several of their clients including Kevin Garnett who had recently signed the largest contract in NBA history up to that point. This would be the date where the lawsuit was officially filed by Eric Fleisher. Unrelated but Eric would eventually win the lawsuit.
- 2000 offseason ^((I couldn’t find the exact date since the contract itself was later voided and all the usual places one would look for contract details like Sportrac and B-Bal Reference do not list it)): Joe Smith signs another 1 year deal with the Wolves, this one worth $2.5 million.
- September 2000 ^((Again, could not find the date but one source mentioned September specifically: https://archive.ph/nhLmb)): During the discovery phase of the aforementioned lawsuit, the secret deal between Joe Smith and the Timberwolves was discovered; a copy of the one-year deal and the, as one source described it, “secret seven-year pact” were obtained by the NBA. Yes, they kept the deal in writing. As a result, the NBA appoints an arbitrator in Kenneth Dam to make a ruling on any impropriety regarding this secret seven-year pact.
- In case you’re wondering, yes it’s that Kenneth Dam, the one who served as Secretary of the Treasury for the Dubya Administration. His middle initial is W, by the by. Coincidence?! Yes, obviously, that’s how names work.
- October 23rd, 2000: Arbitrator Kenneth W. Dam rules that the secret dealings violated the NBA’s salary cap rules.
- For a bit more context, there were rumblings of certain owners and agents allegedly taking advantage of Bird Rights at the time, having players do the same thing of signing them to three relatively inexpensive contracts - inexpensive for an NBA team anyway - before signing them to a large deal previously agreed upon under the table. Using their Bird Rights, they can go above the salary cap to retain a player in free agency.
- An aside but this the current presumption for the recent Gary Trent Jr. deal as he signed two smaller minimum contracts before his Bird Rights kicked in
- Incidentally, this is where that infamous quote by Kevin McHale stems from: “There are 8 to 10 teams that do this all the time. They’re just good at it. We’re bad.”
- October 25th, 2000: Following the Dam ruling, David Stern announces a wave of punishments for the parties involved in this scandal
- Joe Smith’s contract is voided along with his previous two other contracts
- As a result, the Timberwolves lose their Bird Rights so they can’t use them to sign and trade or sign him to a larger deal going over the cap
- Then-owner Glen Taylor is suspended for a year
- The Timberwolves are fined $3.5 million
- The Timberwolves lose every first-round pick of theirs from 2001-2005
- The league would later “forgive” Minnesota for 2 of the stripped picks, giving them back their 2003 and 2005 1st rounders
- December 8, 2000: Following the wave of punishments, then-GM and former Celtics player Kevin McHale is placed on temporary leave until July 31st, 2001
The Kawhi Aspiration scandal is 10 months and counting into the investigation - and let’s not forget the NBA took their time to open up said investigation in the first place. Granted, the Timberwolves had a figurative smoking gun with them having the agreement in paper but I feel it’s fair to say, with the amount of independent reporting by Pablo Torre and elsewhere, that there’s enough to dole out some punishment to the parties involved. We just learned today about that AI Groot Sleep Paralysis Demon™ abomination so it’s hard to believe the NBA doesn’t have enough to make a call one way or the other.
Oh in case you were curious: Eric won that lawsuit which kicked off the Joe Smith saga. Ended up being a \(4.6 million ruling instead of the original \)30 million he sued for but a win is a win.