Category: NBA (Page 308 of 595)

Raptors give fat extension to Bargnani

When I estimated the extensions that the big names from the class of 2006 could potentially sign this summer, I pegged Andrea Bargnani at $7-$8 million per season. It turns out I underestimated his value to the Raptors.

The deal, according to NBA front-office sources, would span five seasons starting in 2010-11 and earn Bargnani an estimated $50 million.

Bargnani did go through something of a transformation in his third season, averaging 15.4 points on 45% shooting from the field and 41% from long range. The previous year, he shot 39% from the field and less than 35% from deep, so he made a big jump, efficiency-wise. His PER (14.66) is still below average, mainly due to his suspect rebounding for a seven-footer (5.3 rpg) and lack of assists (1.2 apg).

The bottom line is that Bargnani will have to continue his career trajectory to earn the contract that the Raptors just awarded him.

“Birdman” scores a five-year deal

It looks like Chris Andersen is staying in Denver.

Andersen, who provided shot-blocking, rebounding and energy off the bench for the Nuggets in their run to the Western Conference finals, could make as much as $26 million from the deal, his agent, Mark Bryant, told the newspaper. Andersen could sign the contract as early as Wednesday, when the NBA’s free agent signing period begins.

Andersen will earn $3.7 million next season from the contract, which is back-loaded and sweetened with performance incentives, Bryant said, according to the report.

The deal runs five years, which seems pretty long for a 31-year-old that was previously suspended for substance abuse. But Andersen seems to have turned a corner in his life and in his career, and he was a valuable “energy guy” off the Nuggets bench last season.

NBA announces 2009 salary cap, warns about 2010

The new salary cap figure is out, and it dipped slightly from last season.

The new figures for 2009-10 just announced by the league have set the salary cap at $57.7 million per team — down $1 million from $58.7 from 2008-09 — and the luxury-tax threshold at $69.9 million.

More importantly, the league is projecting a much bigger drop (as much as $8 million) heading into the 2010 season.

The official league memorandum, obtained by ESPN.com, forecasts a dip in basketball-related income in the 2009-10 season of 2.5 percent to 5 percent, which threatens to take the 2010-11 cap down some $5 million to $8 million from last season’s $58.7 million salary cap.

A significant drop for the luxury-tax threshold is also projected going into the summer of 2010. If basketball-related income drops by 2.5 percent in 2009-10, league officials are projecting a 2010-11 salary cap of $53.6 million and a luxury-tax line of $65 million. If BRI, as it is referred to in the NBA, decreases by five percent, teams would be looking at a $50.4 million salary cap and a luxury-tax line of $61.2 million in 2010-11.

What does this mean? Well, a team like the New York Knicks, who are projected to have a payroll of about $23 million heading into 2010 would have had about $35 million to spend had the cap stayed at $58 million. That’s plenty of money to sign to superstars. If the cap drops $5-$8 million, it means that they’re projected cap space will be in the $27-$30 million range. That makes signing two “max” players quite tough.

This is probably good news for teams looking to retain their superstars, since they can go over the cap to re-sign players. If the cap does indeed drop to $50 million, it would increase the chances of LeBron James, Dwyane Wade and Joe Johnson staying put.

Bibby staying put?

It would seem so…

The Atlanta Journal-Consitution first reported Tuesday that Bibby and the Hawks had a three-year agreement for about $18 million, according to sources.

Falk said Bibby and other free agents have found “the market is extremely conservative this year for free agents, compared to last year.”

“A number of teams had interest in him … but I think Mike was comfortable in the environment” with the Hawks, Falk said.

I’m not sure what Falk is talking about when he says that the market is “extremely conservative” after the Pistons invested $19 million per season in Ben Gordon and Charlie Villanueva and Toronto is doing everything it can to give Hedo Turkoglu the $10 million per season that he’s asking for. Bibby’s market value is about the mid-level and that’s essentially what he signed for.

It looked like Bibby’s days in Atlanta were numbered when the Hawks traded for Jamal Crawford and drafted Jeff Teague, but Crawford is better off the ball and Teague needs to develop, so it makes sense to keep Bibby around for a couple more years. He played well last season, so hopefully for Hawks fans he can repeat that performance now that he’s not in a contract year.

It will be interesting to see how this contract affects Andre Miller’s negotiations. Miller is two years older and has been asking for a contract starting around $10 million per season, but I don’t think he’s going to get it. I think his floor is around the mid-level.

Shannon Brown to remain a Laker

brown

The Los Angeles Times is reporting that Lakers backup point guard Shannon Brown has agreed to a two-year deal worth $4.2 million that includes a player option in the second year. Brown initially impressed Laker fans in the final third of the regular season and saw considerable playing time in the first round of the playoffs against the Jazz.

On a day in which Kobe Bryant spoke out on a variety of topics, including his own contract, the Lakers pared their unrestricted free agents down to one after Brown agreed to take $4.2 million over the next two years, with the second year his option.

Meanwhile, Brown declined a more lucrative offer from Indiana to stay with the Lakers, said his agent, Mark Bartelstein.

“This is where he wanted to be,” Bartelstein said. “The Lakers treated him well during his short time there, and he hopes to continue and improve his game.”

Brown, 23, was a throw-in with Adam Morrison in the February trade that sent Vladimir Radmanovic to Charlotte, but he became a fan favorite with his hustle and surprisingly powerful dunks. He made $796,000 last season.

Brown went scoreless in the NBA Finals, playing in only three games because of Derek Fisher’s increased playing time, though he had better stats earlier in the playoffs, including 7.2 points a game in the first round against Utah.

This is a great signing for the Lakers who seem to be getting bigger by the year. With the acquisition of Ron Artest, and assuming they resign Lamar Odom, the Lakers will cut quite an imposing figure down low with the aforementioned players, Pau Gasol, and Andrew Bynum.

What they’ve been lacking is a point guard they can rely on. With Derek Fisher in the twilight of his career and Jordan Farmar refusing to live up to his potential, Shannon Brown is a great option. At only 23, Brown has time to develop his game over the next two seasons as he will likely see a fair amount of playing time each game.

The L.A. fans quickly took to Brown due to his hustle and sweet shot. When you’re bench consists of mid-level and overpaid athletes such as Luke Walton and Sasha Vujacic, Brown’s $2.1 million a year contract is quite a deal.

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