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 for second-round picks. It allowed the Warriors to trim about $1.5 million from their player payroll and get 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 second-round selections in the 2011 draft. The Warriors paid Charlotte $2 million for the rights to the 6-foot-10 Tyler, who was drafted by the Hornets with the 39th pick. The Warriors took the 6-foot-3 Jenkins with their own pick at No. 44.
"It was difficult -- we value both guys, good kids, hardworking 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 promise, neither Jenkins nor Tyler had seen much action this year, and the Warriors' financial considerations proved to be more important.
Exceeding the $70,307,000 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 likely will exceed the tax threshold cap in future seasons.
Getting under it this year means the club will avoid harsher tax penalties if they exceed the threshold as a repeat offender.
"We didn't want that clock ticking now on becoming a taxpaying team," Myers said.
According to Myers, staying under the tax cap affords the team significantly greater flexibility on a number of fronts, notably future trades and extending the midlevel exception.
Myers estimated the Warriors have around $294,000 to spend on a possible roster addition.
Jenkins was averaging 6.2 minutes and 1.7 points this season in 47 games, a significant drop from last season, when he averaged 17.5 minutes and 5.8 points. He made 28 starts late in the season when starting point guard Stephen Curry was out with ankle issues. In April, Jenkins averaged 9.4 points and 6.3 assists in 28.7 minutes.
Similarly, Tyler got a long look in April, averaging 8.9 points and 5.9 rebounds in 24.7 minutes. For the year, he made 23 starts and averaged 4.9 points and 3.3 rebounds. He showed offensive potential but was inconsistent defensively.
This year Tyler had played in 20 games, averaged 3.2 minutes and 1.1 points. He spent much of the season bouncing between the Warriors and their Development League team in Santa Cruz.
Jenkins' minutes fell markedly this season, and he even dropped behind prospect Kent Bazemore on the depth chart.
Coach Mark Jackson sounded disappointed that things didn't work out better for Jenkins and Tyler.
"I have a relationship with these guys, I'm invested in them, and it's tough," he said.
Second-year guard Klay Thompson, who also was the subject of trade rumors before the deadline, said it was a dour day at the Warriors' facility.
"It's tough losing a friend, but you still keep relationships with them throughout your career," Thompson said. "It's not the end of the world, but it's not a fun day."