Tag: 2009 NBA free agents (Page 5 of 18)

Bucks poised to pick Warrick over Sessions? Really?

That seems to be the indication, according to ESPN

There were strong indications Thursday night that the New York Knicks were assembling the final details of an offer sheet they believe will ultimately land Milwaukee Bucks restricted free agent Ramon Sessions.

Terms of the proposed deal were not immediately available, but NBA front-office sources told ESPN.com that the Bucks were indeed bracing for the offer sheet and also more likely to pool the free-agent cash they’re prepared to spend this summer to try to beat the Cleveland Cavaliers to the signature of athletic power forward Hakim Warrick rather than matching what’s coming to Sessions from the Knicks.

Frank Madden at BrewHoop had this to say about the potential “swap”…

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Odom to stay put

Per ESPN…

Free agent forward Lamar Odom will return to the Los Angeles Lakers, an NBA source said Thursday.

One source with knowledge of the talks told ESPN.com the four-year deal is worth $33 million if the Lakers exercise the final season.

One source close to the process said Odom will come away with a guaranteed $27 million from the new contract, matching the original value of the three-year, $27 million deal Lakers owner Jerry Buss pulled off the table earlier this month.

It’s believed that the structure of the new deal calls for Odom to earn $25 million over the first three seasons, with the Lakers owing him $2 million in the fourth year if they elect not to pick up their team option.

Hopefully this is finally over. It sounds like the Lakers put the original offer (or a similar offer) that they originally rescinded back on the table and that was enough to get Odom to bite. He’s leaving about $10 million in guaranteed money on the table by rejecting the Heat’s offer, but he’ll a chance to make that up as he enters the 2012-13 season as a 32-year-old free agent, assuming the Lakers don’t exercise the final year of this deal.

The Lakers needed to retain Odom to avoid moving backward this summer. They’re the team to beat in the West, but Ron Artest is a lot less dependable than Trevor Ariza, so he needs to keep it together and play at a high level. Andrew Bynum is the other wild card. If he can stay healthy, the Lakers will be very tough to beat.

Lakers are playing hardball with Odom

Trevor Ariza tried to play hardball…and lost. Lamar Odom tried to play hardball…and the Lakers aren’t budging. If anything, they’re less interested in bringing Odom back.

Odom’s choices, as of lunchtime Thursday, were the same choices he’s been mulling all week. Informed sources say the Lakers’ latest offer is in the area of $25 million over three years, down from the $27 million over three years that was taken off the table earlier this month by Lakers owner Jerry Buss.

As ESPN.com reported Monday, should the 29-year-old decide to reunite with Dwyane Wade and Pat Riley after haggling with the Lakers for so long, Odom likely will be deciding between a five-year, $34 million deal that includes a provision to return to free agency after the fourth season or a four-year deal with an opt-out clause after three years.

Keep in mind that with California’s state income tax (10% for $1 million-plus), the Lakers’ offer is essentially three years for $22.5 million, or $7.5 million per season. Florida has no state income tax, so Miami’s offer (~$6.8 million per season) looks to be the better offer since it has about $12 million more in guaranteed money. If these numbers are accurate, it makes sense why Odom is dragging this out. It seems like he wants to stay in L.A., but he doesn’t really want to take a reduced offer.

2009 NBA Free Agency: Who’s left?

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.

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The latest on the Lamar Odom saga

Jim Hill reported yesterday that Odom was scheduled to meet with Pat Riley and Dwyane Wade about joining the Heat.

Talks have resumed with Odom and the Lakers, but they remain pessimistic that Odom will return.

Hmm. This is the first I’ve heard about the Lakers being “pessimistic.” All of the national coverage of this story has suggested that it’s pretty much an inevitability that Odom will return to the Lakers.

The LA Times Laker Blog has this to say

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