Category: News (Page 170 of 199)

Market heating up for Knicks’ free agents

Things have been pretty quiet this summer on the David Lee and Nate Robinson front. But now that the unrestricted free agent market has all but dried up, teams are setting their sights on the restricted free agents that are still available.

Knicks team president Donnie Walsh predicted negotiations with David Lee will come to a head early next week, and indications were Lee will either sign an offer sheet with the Trail Blazers or settle for the Knicks’ five-year offer, which agent Mark Bartelstein still believes is below Lee’s market value.

he Blazers got back $10 million in cap room when the Jazz matched their four-year, $32 million offer to forward Paul Millsap. Bartelstein is trying to get the Blazers to offer Lee a five-year, $50 million contract, but they have been reluctant, feeling that the Knicks will match.

With his eye on the 2010 salary cap, Walsh is seeking a deal averaging between $7 and $8 million.

Isn’t Millsap’s value higher than Lee’s? Millsap is just as good of a rebounder and can score with his back to the basket. Lee is an energy guy and his numbers are a little inflated since the Knicks play at such a frenetic pace under Mike D’Antoni. Walsh has his value pegged (at $7-$8 million per season), but it is Bartelstein’s job to get as much money for Lee as he can.

I don’t think the Blazers are reluctant because they think the Knicks will match, I think they’re reluctant to give Lee $10 million per season.

Meanwhile, Olympiakos made a strong offer to Nate Robinson.

The Knicks will have trouble competing with Olympiakos’ offer to fellow restricted free agent Nate Robinson. A source said the Greek team’s offer is equivalent to $10 million a year, factoring in endorsements and merchandising.

Robinson can play next season for $2.9 million and become an unrestricted free agent next summer. If he goes to Greece, the Knicks will still hold his rights next summer. Josh Childress will play for Olympiakos for another season after testing the waters this summer.

The NBA needs to get rid of restricted free agency altogether. If a team can’t work out an extension by the summer before the final year of the player’s contract then that player should become an unrestricted free agent the following summer.

7/19 Update: The Hoop is reporting that Olympiakos’s offer to Robinson is for $9 million over two years.

Finally, the Knicks have interest in Ramon Sessions, according to Gery Woelfel of the Racine Journal-Times. (Actually, he posted this on Twitter.)

I hear Knicks covet Ramon Sessions, expected 2 call Bucks soon about sign and trade. Otherwise prepared 2 use mid-level. Yes, Knicks love Sessions

I’ve been waiting for the market for Sessions to heat up. I think he’s worth the mid-level, so the Bucks better figure out a way to keep him or get something in return.

Odom does damage control

According to Jim Hill, Lamar Odom made a call to Jerry Buss.

I am told the purpose of the call was to rebuild any bridges that Odom’s agent, Jeff Schwartz may have burned by not responding to the Lakers offer of 3-years $30 million, and 4-years for $36 million.

If the Lakers do have (or had) these offers on the table, I don’t know why Odom hasn’t already re-signed. The most the Heat (or any team without cap space) can offer is a five-year deal worth around $34 million. So it makes sense that he’d be calling up Buss trying to convince him to make these offers available again. The market for Odom is not that strong, so he simply doesn’t have the leverage to demand a contract in the $11 million-plus range.

What’s not clear is if Buss is wiling to let bygones be bygones and sign Odom. He’s a character, for sure, but in the end I think GM Mitch Kupchak will convince him to sign Odom to one of these deals.

Tiger Woods misses British Open cut

He doesn’t miss the cut often, so when he does, it’s news.

For the first time in three years and the second in a major championship as a pro, Tiger Woods will not compete on the weekend.

The world’s No. 1 player missed the cut Friday at the British Open, shooting a 4-over 74 at Turnberry that had him headed back home to Florida on the same day that 59-year-old Tom Watson tied for the 36-hole lead.

Woods holds the tour record of 142 consecutive cuts made, which he set from 1998 to 2005.

Yao Ming opts for surgery, likely out for 2009-10 season

Per Ric Bucher…

Houston Rockets center Yao Ming has elected to have extensive surgery on his fractured left foot that almost certainly eliminates his chances of playing next season but offers hope that he can resume his NBA career and not fracture the foot a career-ending third time.

After consultation with a battery of doctors, Yao, 28, has decided to undergo a bone graft to heal the existing fracture and have his arch surgically lowered to reduce the stress on his foot.

Cavaliers center Zydrunas Ilgauskas had a fracture in the same part of the foot, had a similar combination of surgeries and has played the last eight seasons without suffering another fracture.

For a while, it looked as if the Houston Rockets were the team most likely to usurp the Lakers at the top of the Western Conference, but now that they’ve lost Yao Ming for a season and Ron Artest to free agency, things aren’t looking so good. If Tracy McGrady can come back healthy, the Rockets will still be a playoff team in the West, but they’re not a threat to go to the Finals.

NBA Rumors: Odom, Iverson, Lee and more

Lakers only offering Odom a three-year deal?

Reports persist that Odom has been offered deals spanning three and four seasons in length from the Lakers, but that differs sharply from every bankable indication we’ve received.

The Lakers’ best offer to Odom, so far, tops out at $27 million over three seasons. The expectation among rival teams remains that the sides will eventually come to terms.

This makes more sense. I don’t know why Odom would turn down a four-year deal from the Lakers worth $36 million to consider a five-year deal worth $34 million from the Heat. If the Lakers are only offering three years, then the total value of the contract is about $24 million after state taxes, so Odom could elect to go with the security of the extra $10 million in the Miami deal.

This, coupled with the Lakers’ decision to pull their offer from the table, might convince Odom to head to Miami and play for the mid-level. Pat Riley also indicated that the Heat are trying to work out a sign-and-trade for Odom, though it’s not clear what players would have to be involved to get the Lakers to agree to take on the extra salary. Udonis Haslem? Michael Beasley?

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