Davis had a PER of 10.77 for the season, which is well below average. But without Kevin Garnett in the lineup, he raised his game in the playoffs, averaging 15.8 points and 5.6 rebounds in 36.4 minutes per game.

ESPN is reporting that the deal is worth $6.3 million over two seasons.

Over the years, there have been more than a few players who have been able to parlay a strong playoff performance into a bloated contract — just ask Knicks fans about Jerome James — but it looks like teams showed restraint given Davis’ mediocre regular season performance. This contract seems reasonable, though minutes are going to be hard to come by with Garnett’s return and the C’s decision to sign Rasheed Wallace and Shelden Williams.

Aside from Lamar Odom and his ongoing saga with the Lakers and Heat, all of the big-name unrestricted free agents are off the market.

Restricted free agency is a completely different animal. Since a team still holds a player’s rights for another season, there is no huge rush to get a deal done, especially if the team and the player’s camp are far apart in terms of the player’s value. The deeper into the summer negotiations go, the more likely it is that the player will play out the final year of his rookie deal for the qualifying offer and enter unrestricted free agency in 2010. Here’s an update on the top remaining names on the restricted free agency market.

David Lee
Lee and the Knicks are still at an impasse. The Knicks look to be willing to match any offer up to about $8 million per season, while Lee’s camp is looking for a deal averaging in the $10-$12 million range. There was some talk that the potential one-year deal for Nate Robinson might prompt the Knicks to get moving on a long-term contract for Lee, but even that Robinson deal is just a rumor. Like many restricted free agent negotiations, this looks like a case of the two sides being far apart on the player’s value and given the Knicks’ apparent unwillingness to work out a sign-and-trade, all signs point to Lee playing out the final year of his deal and entering unrestricted free agency next year. Lee is frustrated in no small part because his qualifying offer ($2.3 million) is well below his market value.

Ramon Sessions
The Knicks, Clippers and even the Sixers may be interested, but no one has signed Sessions to an offer sheet yet. The Bucks are likely to match most offers up to the mid-level, but there is still enough uncertainty about Sessions that teams seem unwilling to sign him to a full mid-level deal (five years, $34 million). Based on what I’ve read from Sessions’ agent, Jimmy “Chubby” Wells, he’s not sure what the Bucks are doing. It seems like a four-year deal in the $12-$15 million range would do the trick. That way, Sessions would get some long-term security and would be able to negotiate another contract when he’s 27. On the flip side, the Bucks would get a backup plan if Brandon Jennings doesn’t pan out. But what do I know? I’m just a blogger.

Marvin Williams
Some reports have the Hawks and Williams close to a deal, while others say that they are still a ways apart. It has been suggested that the Hawks are using Charlie Villanueva’s deal (5 years, $35-$40 million) as a guide. Villanueva is better offensively, but not as good on the defensive end. Williams would obviously like to sign a long-term deal, but as a former #2 pick, he stands to make $7.3 million this season and become an unrestricted free agent next season, so unlike Lee or Sessions, it’s not like he’d have to play another year for a salary that is well below his market value.

Nate Robinson
The NY Times reported that the Knicks were close to closing on a one-year deal for Robinson worth $4-$5 million, but the NY Post says that the deal isn’t imminent. I don’t think that Robinson is in the Knicks’ long-term plans, which is why they are very hesitant to sign him to any deal that would cut into their cap space next summer. He can play another year for $2.9 million (which is probably slightly below his market value), and enter unrestricted free agency next summer. So if the Knicks were to give him a one-year deal for $4-$5 million, they’d be doing him a favor.

Ray Felton
Like Williams and Robinson, Felton’s qualifying offer ($5.5 million) is quite close to his market value, so if he and the Bobcats can’t agree on a deal, it’s quite likely that he’ll be content to play another year in Charlotte and become an unrestricted free agent next summer. It seems unlikely that another team is going to swoop in with a deal for more than the mid-level, so right now it’s looking like Felton will play out the final year of his rookie contract.

Glen Davis
Davis had a great playoffs, but has thus far been unable to parlay it into a long-term deal. He wasn’t all that productive during the regular season (PER: 10.77), so teams may still be leery. The Nets and Pistons are reportedly interested, but the Celtics want to retain him. His qualifying offer is only $1 million and his market value is probably three or four times that amount. Since that’s below the mid-level, and any team that still has their MLE can make him an offer, it’s a little surprising that Davis hasn’t yet signed an offer sheet.

Yesterday, I ranked the top unrestricted free agents of 2009, but now it’s time to look at this summer’s crop of restricted free agents (RFA). Teams can sign an RFA to an offer sheet, then his team has seven days to match that offer to retain him. If the player doesn’t sign an offer sheet and can’t come to terms on a new contract with his current team, then he will play for a year for the qualifying offer and then become an unrestricted free agent the following summer.

For each player, I’ll provide his position, age, Player Efficiency Rating (PER) and an estimate of what kind of contract he’s likely to sign. They’re ranked in order of total value, which is based on overall talent, age, injury history and cost.

1. Paul Millsap, PF (24)
PER: 18.71
In his third year, this former second round pick had the best season of his career. He averaged 13.5 points and 8.6 rebounds, while shooting better than 53% from the field. While Carlos Boozer was out in December and January, the Jazz got a preview of what this kid can do when he gets starter’s minutes. He was a 17/11 guy during those two months, but the Jazz only went 11-13 in games in which Millsap played during that span. His camp expects a deal similar to the one David Lee is asking for, so something in the $10 million per season range. Is he worth it? Probably. And from the sound of it, the Jazz plan on offering him a deal that will keep him from testing the market. If he does explore his options, it may pay off as the Thunder and Pistons are rumored to have interest.
Value: $9.5 – $10.5 million per year

2. David Lee, PF (26)
PER: 19.07
GM Donnie Walsh said that the Knicks’ picking Jordan Hill in this year’s draft has nothing to do with Lee, but the two play the same position, so of course it’s going to have an effect on how the Knicks and Lee each view their relationship. The other issue is that two of the Knicks’ targets in 2010 are Chris Bosh and Amare Stoudemire might also play the same position as Lee, though Mike D’Antoni would likely play either at center, allowing Lee to play power forward. He gets most of his points off the glass, so he’d be a good fit with either of those guys. The Knicks are projected to have about $35 million in cap space heading into the summer of 2010 and whatever deal they sign Lee to will cut into that. If they want to keep Lee and sign two big-name free agents, then they’re going to have to rid themselves of either Jared Jeffries or Eddy Curry prior to 2010. I like Lee, but he’s not a guy that you can give the ball to on the block and expect him to score, and that limits his value somewhat as a big man. The Thunder, Kings, Grizzlies, Raptors and Pistons could all make a serious run at Lee, though anytime a team tries to poach a restricted free agent, it’s a delicate balance between offering him enough to convince the other team to let him go, while getting a reasonable deal at the same time.
Value: $9.0 – $10.0 million per year.

3. Ramon Sessions, PG (23)
PER: 17.65
Regular readers know that I love this guy. I’m a Bucks fan so I see more of their games than the average NBA fan. Trust me — Sessions is flying under the radar. Normally, I think the Bucks would match any offer up to the mid-level exception, but now that they drafted Brandon Jennings, they may deem it too much to pay for a backup point guard. But Sessions is no backup. Jennings is a few years away from being a dominant player, and there’s no guarantee he’ll develop, so the Bucks would be wise to keep the 23-year-old Sessions around. He had the 13th-highest PER amongst all point guards, and the 5th-highest amongst all point guards under the age of 26. Moreover, his +/- numbers are the best on the team for anyone who played more than 1200 minutes. I definitely think that’s worth the mid-level. The Grizzlies, Hawks and Blazers might be willing to pay more, who knows.
Value: $5.5 – $6.5 million per year

4. Marvin Williams, F (23)
PER: 16.04
Williams is just 23, and averaged around 14/6 the last two seasons. He really improved his three point shot last year, nailing about 35% of his attempts (after shooting a woeful 10% the year before). His PER took a nice jump from 14.74 to 16.04, so he’s definitely developing, but what’s his upside? He’s a pretty good defender and he’s really young. In fact, he’s the complete package, but isn’t necessarily destined to be a star. He’s slated to make $7.3 million this season, and should probably sign an extension in that ballpark. The Kings, Raptors, T-Wolves and Blazers could use some help at small forward, so there may be a market if he and the Hawks can’t come to terms.
Value: $7.0 – $8.0 million per year

5. Josh Childress, SF (26)
PER: 18.00 (2007-08 season)
Childress, who spent the last year playing in Greece, could return to the NBA as a restricted free agent, but the general consensus is that he’s going to stay overseas. He’s a very good all-around player, but doesn’t have the upside of his former teammate, Marvin Williams, so this summer he’s probably a MLE-type player.
Value: $5.5 – $6.5 million per year

6. Charlie Villanueva, F (24)
PER: 18.64
Charlie V performed admirably when Michael Redd and Andrew Bogut went out with injuries. In 47 games as a starting forward, he averaged 17.7 points and 7.3 rebounds, and shot 35% from long range. He’s a perimeter oriented power forward — sort of a poor man’s Rashard Lewis. This makes him an appealing option for the Cavs, who could use a guy like Villanueva to match up with Orlando. In fact, due to fiscal constraints, the Bucks may not even make the qualifying offer of $4.6 million that’s required to make Villanueva a restricted free agent. If they don’t, they’ll lose him with no compensation. He doesn’t play much defense, so I think someone will offer him the mid-level.
Value: $5.5 – $6.5 million per year

7. Nate Robinson, G (25)
PER: 18.95
At just 5’9″, it’s not clear that Robinson is suited for a starting role. He’s a terrific scorer (17.1 ppg last season), but he shoots less than 44% from the field and less than 33% from long range. Even so, he had the 8th-highest PER in the league amongst point guards and set a career high with 4.1 assists per game. He’s not a pure point guard, which means he might not be long for New York — Mike D’Antoni likes a pass-first point guard running the show. Still, his terrific offensive skills and high energy make him a valuable reserve who can finish games given the right matchup. I think the MLE is a possibility.
Value: $5.0 – $6.0 million per year

8. Ray Felton, G (25)
PER: 13.80
Felton has been a 14/7 guy the last three seasons, but his shooting (41% from the field, 29% from long range) is fairly brutal. He’s a pretty good playmaker and his overall efficiency would benefit if he focused more on distribution than scoring. He spent much of last season playing out of position alongside D.J. Augustin in the backcourt, but given the right situation and the right guidance, he has the potential to be a very good point guard. His rep is bigger than his game right now, which might lead to a wake up call when it’s time to talk turkey.
Value: $4.5 – $5.5 million per year

9. Glen Davis, F (23)
PER: 10.77
Big Baby’s regular season efficiency was nothing to write home about but in 16 games a starter, he averaged 12.6 points and 5.6 rebounds, while shooting 48% from the field. With Kevin Garnett out for the postseason, David really stepped up his scoring, averaging 15.8 points and 5.6 rebounds in the playoffs. At 6’9″ and 289 lbs, I’d like to see better rebound numbers. He’s strong as an ox, but isn’t terribly quick and has short arms. (Hence, the nickname.) Is he a starter-quality power forward? Right now, I don’t think so. His regular season PER (10.77) is well below average, and one good run in the playoffs does not a career make. Davis peaked at the right time however, as some team will likely reward his efforts with a nice contract. I think it will fall below the MLE, but you never know.
Value: $4.0 – $5.0 million per year

10. Marcin Gortat, C (25)
PER: 17.04
Gortat is a beefy center, but doesn’t get much run playing behind Dwight Howard in Orlando. He’s pretty skilled in the post, though he gets most of his points on dunks since there is so much attention paid to the other Magic players. He’s a fringe starter at center, and that makes him a pretty valuable commodity. The Knicks are supposedly interested, so I wouldn’t be surprised if he signs a mid-level deal.
Value: $5.0 million – $6.0 million per year

Other notables: Channing Frye, Linas Kleiza, Leon Powe, Jarrett Jack, Shannon Brown, Hakim Warrick, Jamario Moon

Related content:

The Top Unrestricted Free Agents of 2009
Which NBA teams will have cap space this summer?
The Top 10 NBA Free Agents of 2010

If you didn’t watch Game 7 of the Boston/Orlando series last night, you might look at the score (101-82) and assume that the Magic controlled the whole game. Not so. Orlando held a five-point lead heading into the fourth quarter, but an 8-0 run by the Magic at the start of the period pushed the lead to 13, and they went on to a 35-point quarter and a series victory.

In the first six games of the series, Orlando’s recipe for a win was pretty simple — defense. In their wins (Game 1, Game 3 and Game 6), the Magic held the Celtics to less than 44% shooting from the field. In their losses (Game 2, Game 4 and Game 5), the Celtics shot better than 44%. In Game 6, the Magic held the C’s to just 39% shooting.

The other major factor was the the Magic’s accuracy from long range. Early in the series, Orlando had the touch from three-point land, shooting a combined 26 of 64 (41%) in the first three games. In Game 4, Game 5 and Game 6, the Magic shot just 17 of 77 (22%) from deep. In Game 7, the Magic hit a stellar 13 of 21 (62%) of their threes, and it’s tough to beat a team when they are that hot from long range.

What was the difference? Boston’s perimeter defense is pretty good, but Orlando did an outstanding job of moving the ball crisply and cleanly, and the C’s just couldn’t chase down all of the Magic’s shooters.

Hedo Turkoglu was the star of the game, posting 25 points, 12 assists and five rebounds, while hitting 4 of 5 from long range. Four other Orlando players — Rashard Lewis (19), Mickael Pietrus (17), Rafer Alston (15) and Dwight Howard (12) — scored in double figures to provide a balanced offensive attack.

With the loss, the Celtics go home for the summer. They face another offseason where they may lose one or more of their key contributors. Last year, it was James Posey (signed with the Hornets) and P.J. Brown (retirement) who left, while this summer both Glen Davis and Leon Powe are free agents. Boston’s payroll is quite high ($73.7 million), so whether or not these players come back depends on how far over the luxury tax the Celtics’ ownership is willing to go. The luxury tax for next season probably won’t change from its level this year ($71.1 million), so any contract that Davis or Powe signs with the C’s will have to be matched dollar-for-dollar in luxury tax. For example, if they sign Davis to a four-year deal worth $16 million, that contract is going to cost the C’s an additional $4 million per season as long as they are over the luxury tax threshold.

The NBA free agency period starts July 1st, and as that date approaches I’ll preview this year’s free agent class in more detail. But for now, I’d like to take a look at which teams have the cap flexibility to be major players in free agency this summer. (Mind you, just because a team has cap space, it doesn’t necessarily mean that they’ll use it. Just sayin’.)

Not familiar with the NBA salary cap? Here’s a quick primer…

1. The cap for the 2008-09 season was $58.7 million. The general consensus is that the cap will stay flat or decrease slightly. We’ll assume it sticks at $58.7 million.

2. If a team is over the cap, the only free agents they can sign are their own, unless they elect to sign a player to the mid-level exception (~$5.8 million per season), the bi-annual exception (~$2.0) or to a minimum contract. (The bi-annual exception may not be used in two consecutive years.)

3. If a team is under the cap, they can sign any free agent they want as long as they do not exceed the cap. They can also take on salary via trade up to the cap, so a team like the Grizzlies (with almost $20 million in cap space) could conceivably trade their first round pick to the Suns for Amare Stoudemire or to the Raptors for Chris Bosh.

Here’s a list of the bigger names in the free agent pool this summer:

Unrestricted: Carlos Boozer, Ben Gordon, Ron Artest, Lamar Odom, Andre Miller, Shawn Marion, Jason Kidd, Hedo Turkoglu, Allen Iverson, Mehmet Okur, Rasheed Wallace, Mike Bibby, Anderson Varejao, Grant Hill, Kyle Korver, Trevor Ariza, Brandon Bass, Chris Andersen, Zaza Pachulia, Chris Wilcox and Drew Gooden

Restricted: David Lee, Paul Millsap, Ray Felton, Josh Childress*, Marvin Williams, Glen Davis, Ramon Sessions, Charlie Villanueva, Nate Robinson, Leon Powe, Hakim Warrick, Linas Kleiza, Jarrett Jack and Shannon Brown

* It appears that if Childress does return to the NBA, the Hawks still hold his rights, so he would be a restricted free agent.

There are eight teams that project to have more than $5.8 million (the value of the mid-level exception) in cap space this summer:

Memphis Grizzlies
Projected Cap Space: $19.7 million
Memphis has been reluctant to spend for several years now and is probably one of the franchises that’s struggling the most in the current economy. I lived in Memphis for three years, and given its small size and overall lack of wealth, I always thought that it would struggle to support a professional sports team. With a core of Rudy Gay, O.J. Mayo and Marc Gasol, the Grizzlies have to feel pretty good about what they have at off guard, small forward and center. The big decision this summer is what to do with restricted free agent Hakim Warrick. When dealing with bad teams, numbers can be deceptive, because no matter what, somebody has to score and rebound, right? Warrick’s PER (16.91) is #24 amongst power forwards, so ideally he’d be coming off the bench for a playoff team. The Grizzlies projected cap space assumes they make the qualifying offer to Warrick ($3.0 million). Memphis is one of those teams that could really use the services of a Carlos Boozer, David Lee or Paul Millsap, but in this economy, are the Grizzlies willing to make that kind of a commitment? They could try to make a run at Chris Bosh or Amare Stoudemire next summer, but the odds are long that either guy would want to play for the Grizzlies.

Detroit Pistons
Projected Cap Space: $19.6 million
Unless they’re thinking about keeping Rasheed Wallace around, the Pistons don’t really have any big decisions this summer when it comes to personnel already on the roster. The Chauncey Billups-for-Allen Iverson swap was designed to free up cap space and in those terms, it worked beautifully. Sure, the Pistons gave up any chance of a deep run in the playoffs by trading Billups away, but the writing was on the wall – i.e. the Pistons weren’t going to the Finals – so Dumars chose to start the rebuilding process earlier rather than later. Neither Iverson nor ‘Sheed are likely to be back, but Wallace has a better chance of returning, however slight. The Pistons appear to be building around Tayshaun Prince and Rodney Stuckey (and Rip Hamilton?), but those are complementary players, not franchise-types. Joe Dumars built a winner without a true franchise player before, and he can do it again. The Pistons need size. Keep an eye on the Jazz. If Boozer opts out, he could land in Detroit, but if he doesn’t, the Pistons could go after Paul Millsap since the Jazz would have a tough time matching a substantial offer.

Atlanta Hawks
Projected Cap Space: $17.8 million
Mike Bibby, Zaza Pachulia and Flip Murray are unrestricted free agents and Marvin Williams is a restricted free agent, so the Hawks could have a very different roster heading into next season. Both the Hawks and Bibby are saying the right things, but can the two come to terms on a fair deal? There’s no way that Bibby is worth what he made last season ($15.0 million), but how much is he willing to come down to return to Atlanta? Looking at this list, would there be another team wiling to offer him more than the mid-level? Memphis? Detroit? Toronto? Minnesota? Nope. Oklahoma City? Sacramento? Probably not. Portland? Maybe. The point is that in this economy, by playing hardball the Hawks should be able to re-sign him for a two-year deal averaging around $7 million per season. I’m not sure that he’s even worth that at this point in his career (remember – he’s 31), but if the Hawks want him back, they need to be careful not to overpay. Likewise, is Marvin Williams worth the $7.4 million it’s going to cost to keep him around for another season? He’s just 22 and already has the 13th-best PER amongst small forwards. Then there’s Josh Childress, who can return from Greece as a restricted free agent. With all these decisions and all this potential cap space, the Hawks promise to be one of the most interesting franchises to watch this summer.

Oklahoma City Thunder
Projected Cap Space: $17.1 million
With a young, improving core of Kevin Durant and Russell Westbrook, as well as a likely top 5 draft pick, the Thunder seem primed for a good season. Westbrook is more of an off guard than a pure point, so they could use a lead guard, as well as some help on the front line. They could go after Boozer, Millsap or David Lee, and are one of the teams that could easily snatch Ramon Sessions away from my beloved Bucks. The question is whether they’ll go after inexpensive young guys that can grow with Durant and Westbrook (Lee, Millsap, Sessions) or go after an established star (Boozer, Kidd, Bibby, etc.) with the thinking that they’ll become instant contenders. With their cap space, the Thunder could afford to add two or three starter- or star-level players, or they could elect to bide their time and try to add a superstar next summer.

Sacramento Kings
Projected Cap Space: $13.7 million
The Kings have good cap flexibility, but have serious lack of talent. They have one star – Kevin Martin – who is locked up for the next four years at a pretty reasonable price. Jason Thompson and Spencer Hawes have some upside, while Andres Nocioni and Francisco Garcia are decent role players. The Kings made the mistake in giving Beno Udrih a long-term deal, so now they have to pay him an average of almost $7 millon over the next four years. Ugh. All right, so how do they turn this thing around? First, they have to hit in the draft. Ideally, that means Blake Griffin, whom they can pencil in at power forward for the next five years. Then they would need to find a good young point guard (Sessions?) that can grow with the Kings’ young lineup. Throw in a value at small forward (Josh Childress, Marvin Williams, Trevor Ariza, etc.) and the Kings would be much better next season. Not “playoff” better, but they’d probably win 10-15 more games. Baby steps.

Toronto Raptors
Projected Cap Space: $11.6 million
What are the chances of Chris Bosh re-signing if the Raptors have another miserable year? By trading Jermaine O’Neal to Miami for Shawn Marion (and his expiring contract), the Raptors have some financial flexibility this summer. If Toronto were to sign a premier big man like Carlos Boozer, David Lee or Paul Millsap, they would improve their chances of winning this season (and keeping Bosh around) while also giving themselves some insurance if Bosh bolts. Toronto already has two of the most important pieces to winning in the NBA: (1) a good point guard in Jose Calderon and (2) a good big man in Bosh. But over the last couple of years they have struggled to find the right complementary pieces. O’Neal didn’t work out, but the Raptors were 10-6 over their last 16 games with Marion, so one option would be to bring the Matrix back at a discounted price. Another free agent to keep an eye on is Ben Gordon. With his ability to put the ball in the hoop, he would thrive in an up-tempo attack and could really take the pressure off of Bosh and Calderon. Besides, the Raptors need a shooting guard now that the 33-year-old Anthony Parker looks to be over the hill.

Portland Trail Blazers
Projected Cap Space: $9.8 million
The Blazers are unique on this list in that they are a playoff team that has some cap space, but they won’t have to use it to keep their core players in town. Portland could add a legitimate star-level player to a roster already loaded with talent. They are set on the wing with Brandon Roy, Rudy Fernandez and Travis Outlaw, and are pretty strong up front with LaMarcus Aldridge, Greg Oden and Joel Przybilla, so the major need seems to be at the point where Steve Blake is more of a placeholder than the point guard of the future. Jerryd Bayless is also a possibility, but his playing time dried up as the Blazers got closer to the playoffs. There are a number of good point guards available – Jason Kidd, Andre Miller, Mike Bibby – or the Blazers could go younger and try to pry Ramon Sessions or Ray Felton away from the Bucks and Bobcats, respectively. Portland has some good mojo working, and the guys least likely to upset the apple cart are experienced, pass-first points like Kidd or Miller. The Blazers could offer them more than the mid-level, which gives Portland the inside track on either player (if they want it).

Minnesota Timberwolves
Projected Cap Space: $7.8 million
The T-Wolves actually look like they’re turning things around. They have an up-and-coming big man (Al Jefferson) and they hit in the draft, finding an efficient, heady power forward (Kevin Love). If I’m running this team – and I’m more qualified than Bill Simmons, who is campaigning for the position – I’d move Randy Foye to off guard and tell him to shoot 200-250 three-pointers per day this summer. Then I’d use my cap space to steal Ramon Sessions away from the Bucks. Mike Miller could play small forward for another season, so I’d use my draft pick on the best player available, preferably a shooting guard who could join Sessions and Foye in a three-guard rotation. Josh Childress and/or Marvin Williams would be a great fit, and might be had for the mid-level (or use the cap space on Childress/Williams and sign Sessions to the mid-level). I’d end up with a core of Sessions, Foye, Childress/Williams, Love and Jefferson – all under the age of 26. Like a fine wine, I’d wait a couple of years for this group to age, and add a piece here or there to complement this core. We’d be in the playoffs by 2011, I’m telling you…