Tag: 2009 NBA free agency (Page 10 of 21)

      Heat trying to land Boozer, Odom

      July 16, 2009 /

      According to Adrian Wojnarowski of Yahoo! Sports…

      Now, the Heat are working furiously to deliver Lamar Odom and Carlos Boozer to the shores of Biscayne Bay. The Heat are trying to sell Odom on a five-year, $34 million contract at the mid-level exception, and a league executive with knowledge of the talks says Miami has also hatched a three-way proposal with the Utah Jazz and Memphis Grizzlies to secure Boozer.

      The essentials of a possible deal would include Miami sending forward Udonis Haslem and Dorell Wright to Utah. Because Memphis is under the cap, Utah could move Wright’s $2.8 million salary to the Grizzlies and save itself approximately $5.6 million with salary and luxury-tax payments. Memphis would probably get cash and picks for its trouble. The Heat would have to send one more small contract to make the math on the salary exchange work.

      Odom can play some small forward, so this isn’t an outrageous plan by Riley and the Heat, though I’m not sure where it would leave Michael Beasley. Wojnarowski says that the Lakers have offered Odom $36 million over four years (which works out to about $8 million per season, after state taxes), so I’m not sure why he’d take the Heat’s deal, unless he is looking to sign the biggest contract overall. There is no state tax in Florida, so Miami’s $34 million deal is slightly larger than the Lakers’ deal, after state taxes.

      The Boozer acquisition seems more likely, and although I do like Haslem, I’m not sure that he’s enough to convince Utah to pull the trigger. Portland is also working on a deal for Boozer, since all signs point to the Jazz matching the Blazers’ offer sheet to Paul Millsap whether or not Boozer is on the roster. The Blazers are also trying to get the Pistons involved so that they can try to pry Tayshaun Prince away from Detroit, though Joe Dumars has wisely stayed out of such talks thus far. It appears that he doesn’t see Boozer as a $14 million per season player and that’s what Boozer’s camp is asking for. With his injury history, they need to set their sights a little lower.

      NBA, News, Rumors & Gossip

      Felton, Bobcats not close to a deal

      July 16, 2009 /

      Raymond Felton is having a tough time coming to terms with the Charlotte Bobcats on a new deal.

      “We’re definitely not close as far as what we’re discussing and what we think fair market [value] is for Raymond,” Bradbury said Wednesday, a day after the meeting.

      While Bradbury declined to discuss numbers, he indicated there was a surprisingly hefty difference in the deals he and Higgins proposed for the restricted free agent point guard.

      Felton, the Bobcats’ first-round pick in 2005, has maintained he wants to stay in Charlotte. After averaging 14.2 points and 6.7 assists last season and winning over coach Larry Brown, the Bobcats have made re-signing him a top offseason priority.

      The Bobcats could match any offer he receives, and Bradbury said he’s had some informal talks with teams. Felton could also sign the one-year tender of $5.5 million and become an unrestricted free agent next season.

      Here’s what I wrote about Felton for our 2009 NBA Free Agency Preview:

      Continue reading »

      NBA, News, Rumors & Gossip

      Lakers pull offer to Odom off the the table

      July 15, 2009 /

      It seems that Lamar Odom and the Lakers have reached something of a stalemate.

      Sources told ESPN.com that Odom and the Lakers had reached an accord entering the weekend on a per-season wage of $9 million for the 29-year-old. But Odom balked at L.A.’s unwillingness to extend an offer spanning more than three years in length and spent the past few days weighing his options.

      Yet it’s believed that Odom has indeed received offers from the Miami Heat and Dallas Mavericks that — because neither Florida nor Texas imposes state taxes — are not as far away in value from the Lakers’ presentation as it would seem.

      Odom would have the ability with either the Heat or the Mavericks to sign a three-year, $19 million contract and negotiate a new deal with full Larry Bird rights in the summer of 2012 or take a five-year deal worth $34 million to bank more overall money, along with the state-tax benefits, than he could in a new three-year deal with the Lakers.

      It’s funny how certain things come to light as these deals are made, or in this case, not made. California’s tax rate for people making more than $1 million is 10.3%, while Florida and Texas do not tax personal income. That means that the Lakers’ three-year offer is worth about $8 million per season after state taxes, or just over $24 million total. Compare that to the deals that the Mavs and Heat could offer ($19 million for three years or $34 million for five years) and a mid-level deal in a state with no income tax isn’t too far off.

      Still, why would Odom reject the Lakers’ offer if everyone knows it’s the best that he has available? Portland isn’t interested, though that could change if the Jazz match the Blazers’ offer sheet to Paul Millsap. None of the other teams with cap space seem too eager to make a run at Odom, so it seems strange that he is playing hardball here. It’s not like he has a history of playing consistent basketball year in and year out. As far as his on-court performance is concerned, the guy is kind of a flake.

      My guess is that Odom’s camp waits to see what happens with Portland then come back to the Lakers and accept this three-year deal. But one wonders if Jerry Buss is sick of playing games and might decide to stick it to Odom if/when he comes crawling back.

      NBA, News, Rumors & Gossip

      NBA Free Agency Rumors: AI, Odom, Childress and more

      July 14, 2009 /

      – The Clippers are interested in signing Allen Iverson, and if he’s interested in a big market where he can rehab his image, this might be the place. It looks like Miami isn’t willing to offer much money, but if cash is more important than playoff potential, then the Clips are a good fit.

      – According to GM Mitch Kupchak, Lamar Odom and the Lakers aren’t on the same page. The team has offered $8 million per season but Odom wants $10 million, and the contract’s length may be an issue too. Dallas, Miami, Phoenix and Portland (if the Jazz match their offer for Paul Millsap) have emerged as possible landing spots for Odom. He doesn’t have much leverage if the Blazers aren’t interested. The other three teams would have to work out a trade and it would take a good player (Josh Howard, Michael Beasley, etc.) to get the Lakers to bite.

      – The Jazz have until February to move Carlos Boozer before the luxury tax implications of keeping both Boozer and Paul Millsap kick in. Right now, it looks like the Jazz are planning to match, even if they have to take out a loan to pay Millsap the huge signing bonus that is a part of his deal with the Blazers. If the Jazz do match, it will be interesting to see if the Blazers have a Plan C after missing out on Hedo Turkoglu and Millsap.

      – After a brief flirtation with the Bucks and the Bobcats, Josh Childress is heading back to Greece. The Hawks still hold his rights, and his camp was unable to work out a sign-and-trade with Milwaukee or Charlotte, so Childress’s best option was to play for Olympiakos for another season.

      – Brandon Roy wants a fifth year option, but the Blazers have only offered four years. It’s not clear what the Blazers are worried about; I’d want to lock him up for as long as possible.

      NBA, News, Rumors & Gossip

      Surprisingly, Orlando matches offer sheet for Gortat

      July 13, 2009 /

      When the Mavs signed backup center Marcin Gortat, it seemed like a done deal that the Magic would let him go. But Orlando elected to match the offer.

      The Orlando Magic will keep Marcin Gortat by matching the five-year, $34-million offer sheet extended to him by the Dallas Mavericks, the Orlando Sentinel first reported Monday.

      “Having quality big men is an absolute must in our league, and Marcin has worked very hard to fit into that category,” Magic general manager Otis Smith said in a statement. “He provides tremendous depth to our frontcourt and we’re happy to bring him back.”

      Gortat’s agent, Guy Zucker, told the Dallas Morning News his player is “very, very disappointed.”
      The decision is a bold and costly one for the Magic, who will plunge further into luxury-tax territory than many rivals anticipated after their recent trade for Vince Carter by first signing Brandon Bass away from Dallas to a four-year deal worth a reported $18 million and then matching on Gortat.

      Retaining Gortat and adding Bass will likely take the Magic’s payroll into the $80 million range for next season, which would force Orlando to cut a luxury-tax check of more than $10 million in July 2010 barring roster moves between now and June 30 of next year to lower that figure.

      I don’t get it. They’re willing to give Gortat almost $5 million a season, but they refused to give Hedo Turkoglu — the player mainly responsible for handling and distributing the ball during the Magic’s run to the Finals — the $10 million per season that he was asking for? I don’t mind the Gortat signing by itself, but the Magic may have ruined a good thing by trading for Vince Carter (and in the process, trading away Courtney Lee) and letting Turkoglu get away. Clearly, they are willing to spend — why not keep the most consistent star and main ball handler from last year’s conference champs?

      But back to Gortat. It’s understandable why he would be upset. He was penciled in as the starter for the Mavs, but now he has to play behind Dwight Howard for the foreseeable future, limiting the upside of his next contract. But whining through his agent isn’t going to do him any good, is it?

      The Magic really screwed the Mavs over on this one. They took their sweet time to match Gortat’s offer sheet, and at the same time they agreed to terms with Brandon Bass, ensuring that Dallas wasn’t going to be able to sign either player. This is a huge blow to the Mavs’ title hopes and is more evidence that the NBA should shorten the time span for a team to match an offer sheet for a restricted free agent.

      NBA, News, Rumors & Gossip

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