Category: NBA (Page 438 of 595)

The Hawks lose Josh Childress to Olympiakos

In what is a major blow to the Atlanta Hawks and the NBA, Josh Childress has agreed to terms with Greek powerhouse Olympiakos.

Former Hawks swingman Josh Childress has signed with Olympiakos of Greece, a three-year, fully guaranteed contract worth far more than the $20 million initially believed to be his prize.

Could there be a more stunning turns of events for fans who thought Childress was destined to remain in a Hawks’ uniform for at least the next four or five years?

It’s a groundbreaking move for all sorts of reasons, none of them terribly thrilling for the Hawks and their tattered reputation.

Childress is one of the most productive small forwards in the game, and his departure is a bad sign for the league. First and foremost, the NBA needs his talent.

But on a macro level, it makes the restricted free agency system look outdated and ridiculous. NBA teams are reluctant to sign other team’s restricted free agents because they know the player’s current team is likely to match the offer. They’d rather wait a year and make a run at the player when he becomes an unrestricted free agent. But, in this case, the Hawks can’t match Olympiakos’ offer, so Childress is gone, at least for a season.

Given the new landscape of global basketball (and the seemingly nonstop drop of the U.S. Dollar), the league should do away with restricted free agency altogether.

Warriors acquire Marcus Williams

So far, Marcus Williams has been a bust. The former first-round pick (#22 overall) clearly hasn’t panned out, as he’s averaging just 6.4 points and 3.0 assists and shooting 38.9% from the field in his brief career. That didn’t stop Golden State from trading a future first round pick for him.

The trade will be announced later today.

The pick is lottery protected for 2011, so the Nets get it if the Warriors are in the playoffs. If it goes to 2012, the pick is protected 1-11. It’s protected 1-10 for 2013.

If it is not conveyed by 2013, the Nets get second-round picks in 2013 and 2015.

When he came into the league, Williams was supposed to be a pass-first point guard, but he now has a rep for firing up a lot of bad shots. It will be interesting to see if Don Nelson and his staff can turn him into a legitimate NBA point guard. The pick is lottery protected, so there’s limited downside for the Warriors.

As for the Nets, with the acquisition of Keyon Dooling and last year’s trade for Devin Harris, the writing was on the wall for Williams. Sometimes a player just needs a change of scenery.

Josh Childress considering offer to play in Greece

In what would be a stunning move, Atlanta Hawks forward Josh Childress might be taking his game overseas.

Atlanta Hawks free-agent forward Josh Childress is strongly considering a three-year, $20 million offer from Greek powerhouse Olympiakos, several league sources said Sunday night.

Childress flew to Greece late Sunday and is scheduled to meet with Olympiakos officials on Monday. Childress, 25, is so flustered with the Hawks’ refusal to make a sign-and-trade deal to another team, one source familiar with his thinking believes there’s “better than a 50-50 chance” he’ll sign with Olympiakos. The team also will cover the Greek taxes for Childress, making the offer even more lucrative.

Childress is a restricted free agent, but the Hawks would have no matching rights with a FIBA contract. Olympiakos’ offer also would allow Childress the opportunity to return to the NBA over the next two summers. The Hawks would maintain his restricted free-agent rights provided they make him a qualifying offer.

Childress’ talks with the Hawks have yet to gain traction because Atlanta officials have made it clear their first priority is to resolve negotiations with forward Josh Smith, their other restricted free agent. Privately, Childress has expressed little enthusiasm in returning to play for the organization, sources said.

This news comes as a huge surprise, but it shouldn’t. As the U.S. Dollar continues to fall against the Euro, playing in Europe becomes more and more attractive for U.S. players. This, coupled with the Hawks’ reluctance to negotiate an extension, has Childress looking overseas for a place to play. If he were an unrestricted free agent, he would no doubt have a few mid-level deals (starting at $5.6 million per season) to sort through, but teams are reluctant to sign him to an offer sheet because they think the Hawks would match (and they probably would). It will be interesting to see if this prompts Atlanta to start serious negotiations with the talented forward.

Childress is a highly efficient player, posting a PER of 17.84, which is the ninth-best amongst all qualified small forwards in the league. He has come off the bench for much of his career, but in the Hawks’ playoff series against the Celtics, he was on the court in crunch time.

It would be a blow to the league if he decided to play in Greece.

Deron Williams re-signs for four years, $70 million

A couple of weeks ago, Chris Paul re-signed with the Hornets. Now it’s Deron Williams’ turn.

According to league sources, Williams agreed to a three-year extension with a player option for the fourth year. The deal will pay Williams the maximum allowed by the NBA’s collective bargaining agreement and the earliest he can become a free agent would be the summer of 2012.

Williams’ extension is similar to the one New Orleans point guard Chris Paul agreed to just 10 days ago. Lance Young, Paul’s agent, said Paul agreed to a three-year extension with a player’s option for a fourth year. The total value of Paul’s deal is $68 million.

Although the exact value of Williams’ extension won’t be determined until the NBA sets its salary cap next July, the Tribune reports Williams will earn approximately $50 million for the first three years of the deal and as much as $70 million if he exercises the option.

“I know everybody has worked very, very hard toward reaching an agreement,” McClaren said. “It’ll be fun to talk about it tomorrow.”

I’m not an agent, but how “hard” is it to agree on a max contract? Is McClaren trying to justify his existence in Williams’ life?

In recent years, the three-year deal with a player option for the fourth has become a popular choice among some of the league’s elite players. Paul, LeBron James and Dwyane Wade all went with the three-year plan, with James and Wade signing their deals in the summer of 2006.

Players that sign these shorter deals are giving up the extra security of another year (or two) of guaranteed salary, but they have the flexibility to opt out and leave early if the franchise isn’t headed in a direction that suits them. It also allows their respective salaries to grow along with the NBA. Every so often, a new Collective Bargaining Agreement is reached, and it usually means raises across the board.

I love Williams’ game, but I only think there are 8-15 players worth a max contract, and I’m not sure he’s on that list. However, it’s not worth the risk to piss off your superstar to offer him a contract worth slightly less than the max, just to save a little dough. This is a good signing by the Jazz.

Brandon Jennings and the NBA’s age-limit rule

Until a friend mentioned his name to me a couple of weeks ago, I hadn’t heard of Brandon Jennings or his unique situation. He is the top point guard of the high school class of 2008, and he recently announced that he would be signing with Pallacanestro Virtus Roma (in Italy) instead of going to play for Lute Olson at Arizona. Jennings has had trouble with the SAT; he failed to become eligible after taking it once, and when his second score was suspiciously higher, the NCAA flagged it and made him take it a third time. It was then (with advice from hoops marketer Sonny Vaccaro) that he started to contemplate the possibility of playing in Europe for a season as an alternative to playing in college. Even before his third test score became public, Jennings announced that he would indeed play overseas next season.

So now, the basketball punditry is predictably on fire debating the merits of the NBA’s age-limit rule. It states that a player must be 19 and a year removed from high school to be eligible for the NBA Draft. Commissioner David Stern originally wanted the age-limit to be set at 20, but relented as part of the negotiations during the last Collective Bargaining Agreement.

For his part, NBA Player’s Union executive director, Billy Hunter, says that he is against the rule.

“It’s a questionable and suspect rule . . . you now have the NBA and NCAA partnering . . . and those [opinions] about going to college being more important than being able to earn an income are neanderthal,” Hunter said. “The [NBA] owners get the benefit of the kids’ college celebrity without having to pay them a year.”

The rule does make a mockery of the idea of these players being student-athletes while in college, but that’s the case in a lot of programs, with or without the age-limit rule. When I examined the relative success of high school draftees versus their college and international counterparts, I found that players drafted straight out of high school fared much better in the NBA.

But that doesn’t mean that the rule is a bad one. It’s designed to improve the NBA game by allowing franchises to get a better feel for the talent of these prospects, making them less likely to make a mistake. (Of course, that argument is undercut by the NBA’s relative inability to pluck stars out of the college and international game when compared to its success with high schoolers.) The other, more tangible benefit is that the rule, by nature, makes the league more mature. Of all the high school players I examined in that year-old column, only LeBron James had a big impact in his first season. A vast majority of high schoolers either struggle or are only able to put up modest numbers in their rookie seasons as they get acclimated to the NBA.

There is one very important thing to consider – every year that an incoming class is delayed effectively extends the career of the same number of veterans, which is probably why you don’t hear too many NBA players speaking out on the subject. If the rule stays (or an additional year is added) these veterans will be able to stay in the NBA an extra season. This is why I find Hunter’s rhetoric so surprising – my guess is that if the union were polled on this issue, veterans would generally support the age-limit because it means more money for them in the long run.

I don’t believe that the NCAA is in cahoots with the NBA on this issue, though there are obvious benefits (and drawbacks) for the college game. On one hand, it’s nice to have guys like Kevin Durant, Michael Beasley, Derrick Rose and Greg Oden play at the college level for a year. There’s the excitement of having all of the best players from a certain class compete on the same stage for a season. The downside is the inherent turnover of such a system. The recruiting process has been tipped on its head; as soon as a coaching staff lands a player of this caliber, they have to turn around and start recruiting the next guy. Due to this revolving door, there is little continuity at the bigger college programs.

But back to Brandon Jennings and his decision to go play internationally. Most of the pundits are saying he’s doing the right thing by going to Europe and that the NBA rule is hypocritical. (Mind you, they don’t say why it’s hypocritical, they just say it is, assuming everyone agrees with them.) They scream and beat their chests about how it’s unfair to keep these kids from earning a living.

Only the rule doesn’t stop them from earning a living. They have the option of playing for peanuts in the NBDL or, like Jennings, going overseas and playing internationally for big dollars. The conventional thinking is that between a shoe contract and his salary, Jennings will net at least $1 million this season. Not bad, but that’s not nearly what he would make in his rookie season in the NBA. Jennings will miss out on the national attention (and “celebrity,” as Hunter puts it) that he would have received had he played at Arizona, though that is unlikely to have much of a negative impact on his draft position.

In the end, the NBA has a right to set whatever limitations it sees fit on becoming eligible to enter the league. Some companies require that potential candidates have a college degree. Others require that a new-hire have experience in one field or another. How is the age-limit any different? In essence, the league is saying that an 18 year-old doesn’t have enough life experience to handle the rigors of playing in the NBA. If they like, pundits can call the rule stupid or hypocritical while debating the benefits and drawbacks, but they can’t call it unfair. The NBA is not restricting 18 year-old players from making a living playing basketball.

Brandon Jennings is proof of that.

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