Tag: Allen Iverson (Page 5 of 7)

A look ahead at the free agent class of 2009

With the trade deadline in the rear view mirror and players tied to their current teams at least until the summer, it’s a good time to take a look ahead at the free agent class of 2009. Given the state of the economy and how so many teams are saving up for the class of 2010, some are suggesting that this summer’s free agency could be a “nuclear winter” of sorts, no pun intended. The salary cap and luxury tax thresholds are likely to decline for the first time in years and that has GMs and owners around the league scrambling to cut salary where they can.

There are three types of free agents: players with early termination options (ETO) or player options (PO), restricted free agents and unrestricted free agents.

Players with ETOs or POs

This group includes Kobe Bryant, Jermaine O’Neal, Al Harrington, Jamal Crawford and Mehmet Okur, but it’s highly unlikely that any of these guys will hit the open market given the kind of money they’ll be making by extending their respective contracts. Of this group, Hedo Turkoglu, Anderson Varejao and maybe Carlos Boozer are the only big names that are likely to hit free agency. Boozer has already stated that he’s going to opt out, but he may decide against it if he doesn’t come back strong from his injuries. Turkoglu — the reigning Most Improved Player — is having another nice season, but he’s not playing quite as well as last year. Still, he can command more than the $7.3 million he’s due to make next season. Varejao could stay with the Cavs and make $6.2 million next season, but he and his agent (Dan Fegan) have been looking for more. Varejao wants a long term deal but it seems he and the Cavs disagree on how much he’s actually worth.

For the most part, guys in this group are going to be conservative and play out their contracts.

Restricted Free Agents

RFAs hardly ever change uniforms, but in this economic climate there are teams that are unlikely to match substantial offers for their restricted free agents. The other issue is that once a team signs a RFA to an offer sheet, the player’s team has a full week to match the offer. Most teams know instantly whether or not they’re going to match, but they take the full week so that the other team can’t make any other offers because its money is tied up in the offer sheet. The NBA should reduce this period to three or four days so that teams are more willing to make offers to RFAs. Or better yet, it should eliminate restricted free agency completely to avoid Josh Childress-type cases in the future.

(Stepping down from my soapbox…)

Anyway, the list of restricted free agents includes Childress, David Lee, Paul Millsap, Nate Robinson, Charlie Villanueva, Ramon Sessions (ESPN says he’s restricted though HoopsHype and ShamSports show Sessions as an UFA), Marvin Williams, Raymond Felton, Leon Powe and Linas Kleiza.

The Knicks can’t afford to keep both Lee and Robinson and sign LeBron or some other max-type free agent next summer, so if someone comes along and offers either player a substantial contract, it is unlikely that the Knicks will be able to match. Millsap played great in Boozer’s absence, and they are very similar players so it is unlikely that Utah can afford to keep both. Millsap looks like a potential All-Star and would be a cheaper option, but only time will tell if the Jazz have the balls to let Boozer walk.

Childress will probably return to the U.S. after a year playing in Greece. I suspect he’ll be a mid-level type guy, which increases the number of potential suitors as teams that are over the cap can still sign a player at the mid-level. The Bucks are in financial trouble and they need to get rid of Michael Redd or Richard Jefferson if they hope to keep both Sessions and Villanueva. Both players are having career years under Scott Skiles, but it’s unclear if the Bucks will be able to keep them. I’d expect Sessions to be a mid-level guy (and should be a solid starter for that price), while Charlie V might command a bit more. There are still questions about his heart, but if he’s thriving under Skiles, could he really be lacking toughness and drive? The Bucks have been hit by injuries to Redd and Andrew Bogut but are still holding onto the #8 playoff spot in the East, so they’d be wise to keep this core together if they can.

The Bobcats’ decision to draft D.J. Augustin made Raymond Felton expendable, so he could probably be had for the right price. I’m guessing that he’s a mid-level guy as well, though he and his agent will probably want more. Leon Powe and Linas Kleiza are both productive bench players and if the offer sheet is big enough, the Celtics and Nuggets (respectively) may decide not to match.

Unrestricted Free Agents

This group includes Ben Gordon, Lamar Odom, Shawn Marion, Allen Iverson, Ron Artest, Mike Bibby, Andre Miller, Jason Kidd, Rasheed Wallace, Trevor Ariza and Brandon Bass. Most of these players are older and on the decline, but they can still play. Veteran players in this group might be shocked by the kind of pay cut that they’re going to have to take in today’s climate. The days of 30+ year-old stars (not superstars) signing max or near-max deals are over, at least for a while. I bet all of these guys sign for less than $10 million per season. (I know…that’s peanuts, right?)

Gordon, Ariza and Bass are younger and could still be on the rise if they find the right team. Gordon seems to think he’s a starter and should be paid as such, but he’s small and doesn’t have a reputation for being a very good defender. He can really score though. If some team wants to pay him starter’s money, he’d be a good match to play alongside a bigger point guard who could cover the opponent’s off guard (Utah, Denver, Detroit?) or he needs to go to a team that doesn’t emphasize the defensive end.

Ariza continues to play well for the Lakers, but since he’s a much cheaper option than Odom, he’s probably going to be staying put. Bass had a terrific season two years ago, and is really coming on after a slow start this season. He’s just 23 and has some upside. I’d expect some team will sign him to a deal averaging in the $3-$4 million range, which would make him one of the best bargains of the summer.

So where will these players end up? Your guess is as good as mine. There are only a handful of teams — Atlanta, Detroit, Memphis (of course), Minnesota, Oklahoma City, Portland, Sacramento and Toronto — with the cap space (~$7 million or more) to sign a good player for another team, so I think there may be quite a few starter-level players/borderline stars signing mid-level deals this season. Playoff contenders that are over the cap won’t be able to pass up a good player for $5 million per season and there should be a number of guys that fit the bill this summer.

Which NBA teams project to have the most cap space over the next two years?

In previous columns, I ranked the top 10 free agents of 2010 and identified several players with expiring contracts that might be moved before the Feb. 19 trade deadline. Now it’s time to talk about cap space.

We’ve been hearing a lot lately about how teams are “clearing cap space” so that they can sign a big-name free agent in the summer of 2010 (or in some cases, 2009). But what exactly does this mean?

The NBA has a “soft cap” which is currently set at $58.7 million. Teams that are over the cap can’t sign a free agent from another team for more than the mid-level exception, which usually starts at around $5 million per season. Teams that are under the cap can offer free agents whatever cap space they have up to the level of a max contract, which starts at about $14 million per season under current conditions.

HoopsHype has all the salary data for each team, but I thought it would be useful to compile it all into one table so we can easily see who will have money to spend over the next two summers.

First, my assumptions:

– Given the current state of the economy, the salary cap is likely to stay at about $59 million over the next two seasons, so I used the current cap ($58.7 million) to calculate each team’s cap space.

– Certain players have already indicated that they’re planning to “opt out” of the final year of their contracts so that they can enter free agency. For those that have not announced, I used my best judgment to determine whether or not a player is likely to opt out. For example, LeBron James is very likely to opt out of his contract in the summer of 2010, but Michael Redd, who stands to make more than $18 million that same season, is likely to play out the final year of his deal because he’s not going to get anything close to that kind of money on the open market.

– I’ll also list the major (and some minor) decisions that each franchise will have to make over the next two seasons. These are typically decisions about whether or not to re-sign a player whose contract is up (or is entering restricted free agency). For example, if the Knicks decide to sign David Lee to a long-term deal, it’s going to have an impact on the team’s available cap space.

Without further ado, here’s the table, sorted by total projected cap space in the summer of 2010.

The data is interesting. If teams didn’t spend another dime until the summer of 2010, there would be seven teams capable of signing one player to a max-type contract and 11 teams capable of signing two players to max deals. This isn’t realistic, however, as most teams are going to re-sign their current players when they enter restricted or unrestricted free agency, and that’s going to take a bite out of their cap space. Plus, there are a number of stars – Carlos Boozer, Shawn Marion, Allen Iverson – and several starter-quality players that will sign free agent deals this summer. That’s going to gobble up cap space as well.

Of the four teams that have significant cap flexibility this summer – Detroit, Memphis, Atlanta and Oklahoma City – only two, the Pistons and the Hawks, have major decisions to make this summer. The Hawks have to decide whether or not the 30 year-old Mike Bibby is worth a significant long-term deal. If they do sign him to a contract averaging, let’s say, $10 million per season, it is going to reduce their cap space for the summer of 2010 by that amount. They can always re-sign Joe Johnson (because he is “their” free agent), but they may not have enough space to sign another top tier player. That space would be reduced further if they elect to sign Marvin Williams to a long-term deal.

The Pistons have to make a decision about Allen Iverson and Rasheed Wallace. Both players are getting on in age, so I wouldn’t be surprised if the Pistons allow both contracts to expire and use the new cap space this summer or next, building around Rodney Stuckey and Tayshaun Prince.

The Grizzlies have a ton of projected cap space over the next two years, but their challenge is not the money – it’s attracting a top-tier free agent to a small city and a bad team. No one really thinks that Memphis has a shot at any of the top five free agents of 2010 – LeBron, Dwyane Wade, Amare Stoudemire, Chris Bosh and Joe Johnson – though there’s a slim chance that Amare or Bosh might want to play with O.J. Mayo and Rudy Gay. Small market teams like Memphis that are struggling to win are going to have to overpay for second-tier free agents. The Thunder, Timberwolves, Raptors and Kings are four other teams that will have significant cap space over the next two seasons but are unlikely to attract a top-tier free agent.

These numbers will obviously change over the next two seasons as teams make trades and sign free agents (and draft picks). However, I can’t remember a time when this many teams had this much cap space. Under normal circumstances, it would lead to a frenzy of spending in the short term, but with the current state of the economy, teams may be quite a bit more cautious as they open those checkbooks.

Picking the 2009 All-Star reserves

I made my picks more than two weeks ago. Then the All-Star starters (as voted in by the fans) were announced.

Now that we know who the starters will be, I’m wondering if there’s any reason to change any of my other picks. Let’s take a look…

EASTERN CONFERENCE

Starters: Allen Iverson, Dwyane Wade, LeBron James, Kevin Garnett and Dwight Howard

My original picks: Joe Johnson, Paul Pierce, Chris Bosh, Devin Harris, Danny Granger, Tayshaun Prince, Jameer Nelson and Vince Carter

I didn’t have Iverson on the team, much less starting, so one of my other eight picks has to go. Unfortunately, I think it’s going to be Prince because the Pistons aren’t good enough to warrant two All-Star nods. The same could be said about the Nets, but Vince Carter’s stats are pretty big. I think I’ll go with this group, though there are a number of players that could take Carter’s spot. If any of these other guys — Johnson, Pierce, Bosh, Harris, Granger and Nelson — don’t make it, it’s going to be a pretty big snub.

WESTERN CONFERENCE

Starters: Chris Paul, Kobe Bryant, Amare Stoudemire, Tim Duncan and Yao Ming


My original picks: Dirk Nowitzki, Brandon Roy, Carmelo Anthony, Tony Parker, Pau Gasol, Chauncey Billups and Shaquille O’Neal

I had Nowitzki starting over Stoudemire, but no worries there. Would I swap out any of the players? Well, ‘Melo is still sidelined and the Nuggets don’t seem to be hurting too much without him. That weakens Anthony’s position and strengthens Billups’ argument. I could see David West, LaMarcus Aldridge, Al Jefferson or Deron Williams replacing Anthony, but I doubt it will happen. I think the other picks are safe, though Williams could replace Parker or Billups, though I don’t think either guy deserves to miss the All-Star Game.

The reserves will be announced this Thursday on TNT.

Ladies and gentlemen, your 2009 NBA All-Star starters…

Nope, Devin Harris did NOT make the list.

The results have been announced and here are the starters (as voted in by the fans):

EAST

Guard: Dwyane Wade, Heat
Guard: Allen Iverson, Pistons
Forward: LeBron James, Cavs
Forward: Kevin Garnett, Celtics
Center: Dwight Howard, Magic

WEST

Guard: Chris Paul, Hornets
Guard: Kobe Bryant, Lakers
Forward: Tim Duncan, Spurs
Forward: Amare Stoudemire, Suns
Center: Yao Ming, Rockets

Well, the starters are a popularity contest and sometimes undeserving players are voted in. Such was the case with Allen Iverson, who isn’t having a very good year but is immensely popular with fans. In my picks, I didn’t even have AI on the roster, much less starting. Joe Johnson or Devin Harris should have gotten that spot. AI’s presence makes it unlikely that Tayshaun Prince will make the cut, since the Pistons don’t have a record that deserves two All-Star nods. The other four starters for the East are pretty much no-brainers, though China almost voted Yi Jianlian into the game. (Now that would have been a travesty.)

Things were less controversial in the West. I chose Nowitzki over Stoudemire at forward, but had Amare on the roster, so no harm, no foul. Kobe, CP3, Duncan and Yao are pretty much no-brainers.

Overall, the fans got 9/10 right…that’s a B+ in my book.

Expiring contracts…who’s got ’em?

The NBA trade deadline is less than a month away, so it’s a good time to talk expiring contracts. These are players that are in the final year of their deals, which makes them trade fodder for teams looking to cut salary this summer. I’ll list each player by contract size, whether or not he can still play, and discuss the possibility that they’ll be traded by the trade deadline. I’ll also dig into the strategy that their current teams should and/or could be utilizing when considering a trade.

All salary data is from HoopsHype, and I’ll assume – given the bad economy – that the cap will stay at about $59 million next season. (In fact, it might even be lowered.)

Allen Iverson, Pistons
Salary: $21.9 million
Detroit is 20-15 since trading for AI, and considering the franchises successful run over the past few season, that’s disappointing. But the Pistons didn’t make this trade to acquire AI, they made the trade to rid themselves of Chauncey Billups’ contract, which runs through 2011. Was this wise? Probably not, at least in the short term. Billups is one of the top point guards in the league and is doing great things with his new team. But since the Pistons like what Rodney Stuckey can do (and justifiably so), Billups became expendable. GM Joe Dumars made the deal to give the team the financial flexibility to retool the roster over the next two summers, and with Iverson and Rasheed Wallace coming off the books, the Pistons will have about $26 million to spend this summer. They could opt to sign Carlos Boozer, but would likely have to pony up big bucks to do so. He would probably start at $14 million, so that would leave $12 million to re-sign the 34 year-old Wallace or another center. The team could conceivably sign Boozer, then wait a year, let Rip Hamilton’s contract expire, and then sign Chris Bosh or Amare Stoudemire in the summer of 2010, giving the team a core of Stuckey, Boozer, Tayshaun Prince and either Bosh or Stoudemire to build around. Not bad. Considering the main reason the Pistons traded for AI was to cut salary, the chances of them trading him (and taking on salary in return) aren’t good. (Though a Marion-for-Iverson swap might help both teams in the short term.)
Chances of being traded: Low

Jason Kidd, Mavs
Salary: $21.3 million
Ah the Mavs. Every time I see Kidd’s name I think of Devin Harris and the 22 points and six assists he’s averaging this season for the Nets. That was a horrible trade (even at the time) and the Mavs aren’t any better now than they were a season ago. Unless they buck the odds and make a run to the Finals, that trade will go down as one of the worst of recent memory. (Don’t forget that the Mavs threw in two first round picks as well.) Anyway, it seems unlikely that anyone would want Kidd’s giant salary at this point. He’s still an above average starting point guard, but that’s about it. He could help a team make a playoff run – Miami jumps to mind – but his value is limited after this season. A Marion/Kidd trade is unlikely because that would leave the Mavs without a dependable point guard for their own postseason run. My guess is that Dallas stands pat, the Mavs are ushered out of the first round of the playoffs, and he signs elsewhere next season (or maybe re-signs with the Mavs for much, much less).
Chances of being traded: Low

Stephon Marbury, Knicks
Salary: $20.8 million
What’s there to write about Starbury that hasn’t already been written? The Knicks don’t want him, but no one else does either, so the parties need to come to a buyout agreement to end the stalemate. If that happens, it looks like the Celtics are willing to roll the dice and give him an opportunity to resurrect his career. The Heat need a point guard and would seem like another possibility, but that’s pure conjecture.
Chances of being traded: Slim

Shawn Marion, Heat
Salary: $17.2 million
Of all the guys on this list, the Matrix has the most trade buzz surrounding him. His production is down and he just doesn’t seem like a good fit in Miami. The Heat need a center and a point guard, and are reportedly considering a deal that would send Marion to Toronto for Jermaine O’Neal. The Heat might opt to take on O’Neal’s contract (which runs through the 2010 season) because they no longer see Boozer as a good fit, since he plays the same position as Michael Beasley. The ultimate goal is to sign Chris Bosh or Amare Stoudemire in the summer of 2010, and acquiring O’Neal would give them an inside presence for the next two seasons, assuming he can stay healthy. Marion is a valuable trade commodity because he still has some good basketball in him and has the type of complementary game that fits well with others.
Chances of being traded: High

Mike Bibby, Hawks
Salary: $15.2 million
Bibby is staying put. The Hawks are in the thick of the playoff race in the East and Bibby’s resurgence is a big reason why. He could be playing well because he’s in a contract year, but he also has had a season to get comfortable in Atlanta. Either way, the Hawks aren’t going to move him before the deadline unless they’re offered a deal they can’t refuse.
Chances of being traded: Slim

Rasheed Wallace, Pistons
Salary: $13.7 million
Wallace is 34 and his game seems to be fading. His PER (14.54) indicates that he’s just an average starting center at this point of his career. Still, he could be useful to another team for a playoff run, though he’s just as useful to the Pistons, so it is unlikely that they’ll move him.
Chances of being traded: Low

Wally Szczerbiak, Cavs
Salary: $13.0 million
Wally is becoming one of those players that are more famous for their contracts than they are for their ability. Sure, he’ll make a few shots and post the occasional nice game, but his PER (11.35) proves that he is a shell of the player he once was. The Cavs seem reluctant to fix something that’s not broken, but maybe the 17-point lambasting they took at the hands of the Lakers will convince them that they should continue to try to make the team better. Since he’s clearly on the decline, whatever team that’s interested in trading for Szczerbiak would want to do one thing – cut salary. That means whomever the Cavs would be getting in return would probably be a bit overpaid and in a long term contract. This could affect the Cavs’ ability to potentially sign a player like Chris Bosh or Amare Stoudemire in the summer of 2010. Cleveland is in a tough position, however. They (probably) need to make a run to the Finals in the next two seasons to keep LeBron, but they don’t want to do anything drastic that would limit their options in 2010 when they could potentially pair their superstar with the likes of Bosh or Stoudemire. Ideally, the Cavs would move Wally to add a good player who has a contract that expires in 2010 or earlier. That’s going to be tough to do since there won’t be much incentive for the trade partner to strike a deal.
Chances of being traded: Moderate

Raef LaFrentz, Blazers
Salary: $12.7 million
Portland needs a point guard and they could use LaFrentz’s expiring salary to acquire one. But their trade partner would need to be a non-playoff team looking to cut salary, and there aren’t too many of those out there. The Blazers might be content to let LaFrentz’s salary expire and put themselves in position to make a splash this summer or next.
Chances of being traded: Low

Steve Nash, Suns
Salary: $12.3 million
The Suns are a playoff team and Nash is still a key cog in that machine. He is not going anywhere this season, but the team holds his option for another year, so if the Suns flame out in the playoffs again, it might be time to blow this thing up.
Chances of being traded: Slim

Carlos Boozer, Jazz
Salary: $11.6 million
Boozer has a player option for another year, but he has already stated that he plans to opt out after the season. He has missed much of this season with injury, and just had arthroscopic surgery on his knee. He hopes to be back by the All-Star break, which is right before the trade deadline. Utah wants him back, but there’s a reasonable possibility that he’ll sign elsewhere. Miami no longer seems to think he’s a good fit (since they view Michael Beasley as a power forward), so Boozer’s biggest suitor has probably been crossed off the list. The Jazz are in a tough spot because they think they can re-sign him – and they may be able to. But that means they probably won’t get too involved in any trade discussions. With the Heat (likely) bowing out, the chances that the Jazz can re-sign him have increased, which means they are likely to wait until the end of the season to deal with him. At 27, he’s right in the middle of his prime and is one of those players that are likely to command a max contract, but with his injury history, he probably isn’t worth one. The Jazz may have to pony up max dollars out of fear that he’ll sign elsewhere.
Chances of being traded: Slim

Lamar Odom, Lakers
Salary: $11.4 million
The Lakers seem content to stand pat as this current rotation has resulted in one of the league’s best records. But Odom is coming off the bench and is having the worst statistical season of his career. Since he can’t shoot, they can’t play Odom alongside Pau Gasol and Andrew Bynum, so one of the three have to sit in crunch time. Lately, it’s been Odom getting those minutes (and Bynum on the bench), so the team clearly trusts him down the stretch. If they elect not to trade him and they don’t ultimately win a title, then they would have missed an opportunity to add someone like Ron Artest (last season) or Shawn Marion (this season?), who may have put them over the hump. In that event, Odom would be likely to sign elsewhere because the Lakers aren’t going to pay a reserve what he’ll be asking.
Chances of being traded: Low

Andre Miller, Sixers
Salary: $10.0 million
When Philly got off to a slow start, there was some talk that the Sixers might move Miller since he’s in the last year of his contract. But since Brand went down with an injury, the team is 9-7 and during a recent seven-game win streak, Miller averaged 17.0 points, 6.7 assists and 4.4 rebounds per game. The addition of Brand hasn’t gone as smoothly as hoped, but the Sixers are currently in the playoff hunt and the franchise will want to see how this group finishes the season. Good point guards are hard to find, so there’s no real reason to move Miller at this point.
Chances of being traded: Low

Ron Artest, Rockets
Salary: $8.4 million
Artest isn’t going anywhere. The Rockets are in the thick of the playoff hunt and they’ll need his toughness in the postseason.
Chances of being traded: Slim

Other players with expiring contracts: Rasho Nesterovic (Pacers, $8.4 million); Malik Rose (Knicks, $7.6 million); Drew Gooden (Bulls, $7.1 million); Marquis Daniels (Pacers, $6.9 million); Chris Wilcox (Thunder, $6.8 million); Bobby Jackson (Kings, $6.1 million); Stromile Swift (Nets, $6.2 million); Desmond Mason (Thunder, $5.3 million); Joe Smith (Thunder, $4.8 million); Anthony Parker (Raptors, $4.6 million); Damon Jones (Bucks, $4.5 million)

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