The Philadelphia Hornets have offloaded the contract of OF Jose Molina, who famously signed a 10-year contract five seasons ago, to the Brick Barracudas. The payment for this salary dump service? A second-round pick (#21 overall). Brick will receive Molina and the draft pick in exchange for $1 cash.
"We had high hopes for Jose when he first joined us," Philadelphia GM Michael Weintraub stated. "But, his performance has lagged over the past few seasons. He's expressed his discontentment, and asked for his release. Unable to negotiate a buy-out with him, we worked out a deal with Brick."
OF Roberto Flores has been selected from AAA Arizona Bay to take Molina's roster spot.