Tag: Emeka Okafor

Emeka Okafor on the trading block

Sam Amick of the Sacramento Bee reports that the Kings are considering a trade involving Hornets big man Emeka Okafor.

A source with knowledge of the situation says the Kings are discussing a trade with New Orleans that would send Kenny Thomas to the Hornets and bring center Emeka Okafor to Sacramento.

The deal would be ideal for the Hornets, as Thomas’ expiring contract worth $8.7 million is just the kind of contract that would trim their enormous payroll. The question, of course, is whether the Kings see Okafor as a big man solution worth the five years and approximately $64 million left on his deal.

I don’t get the Hornets plan of attack for the last year or so. They have the best point guard in the NBA, yet instead of making a clear commitment to spend to build around him, they’re slashing salary again. The confusing thing is that they tried to slash salary last year when they negotiated a trade that sent Tyson Chandler to Oklahoma City, only the Thunder sent Chandler back after their doctors had a chance to look him over. Then they turned around this offseason and traded Chandler (who has a short, expensive contract) for Okafor (who has a long, expensive contract). So it looked like the Hornets were willing to make a long-term commitment to build a winner.

Now, after a 3-7 start that has Chris Paul sidelined for a few weeks with a sprained ankle, they’re ready to give Okafor away. What kind of signal does this send to Paul? He’s signed through 2011-12, but at what point does he become disgruntled? They’ve already traded away Chandler and fired Byron Scott, and now they’re looking to move a sure double-double guy in Okafor. He’s not worth his contract, but he’s still valuable, and if the Hornets want to get back to competitive, they could really use him manning the middle.

It’s not like jettisoning Okafor’s salary is going to give the Hornets any immediate salary cap space. They’re sitting at almost $72 M for next season and won’t have any flexibility until the summer of 2011. Paul is 24, so he has plenty of basketball left to play, but David West is 29, and by the time the Hornets have a chance to be competitive again, he might be 31 or 32 and on the decline.

This is a sad situation. The Hornets looked to be on the cusp of competing for a title a couple of seasons ago and now they’re starting a rebuilding process that looks like it’s going to take a while.

In a surprise, the Hornets swap Chandler for Okafor

They tried to dump him last season, but by willing to take on some salary, the Hornets are going to turn Tyson Chandler into Emeka Okafor.

That represents a striking departure from the Hornets’ recent cost-conscious efforts to move Chander.

The Hornets initially dealt Chandler to Oklahoma City days before the league’s annual trading deadline in February for the then-expiring contracts of Chris Wilcox and Joe Smith, only for the Thunder to rescind the trade 24 hours later because of concerns about Chandler’s long-standing toe problems.

The widespread belief around the league at the time and then during New Orleans’ subsequent discussions with Phoenix about swapping Chandler for the expiring contract of Ben Wallace — which Phoenix has since bought out — held that New Orleans was only interested in shedding Chandler’s contract in exchange for an expiring deal to create payroll relief.

Swapping Chandler (due to earn $11.7 next season) for Okafor ($10.6 million) will save the Hornets just over $1 million next season and cost them an extra $40-plus million over the final three years of Okafor’s deal if the 26-year-old exercises his $14.5 million option for the 2013-14 season. Chandler has just one year left on his contract after this season at $12.6 million.

This deal hasn’t been formally announced, but if it goes through, the Hornets look to be getting the better end of the trade. Okafor is no Pau Gasol, but he provides a little more offensive punch than Chandler. He has averaged a double-double for five straight seasons, and has improved his field goal accuracy from 45% in his rookie season to 56% last year.

Chandler’s play was lacking last season, mostly because a foot injury limited his explosiveness. After he failing the Thunder’s physical, one wonders if he’ll ever be the same again. The Bobcats are probably doing this to get out from underneath Okafor’s contract, which runs another five years at the tune of $62 million. While that’s a somewhat reasonable price for a good center, Okafor doesn’t have the offensive skills to justify that contract. He’ll bring some defense and toughness, however, which should help the Hornets stay competitive.

With a declining Chandler and Peja Stojakovic’s out-of-control contract, New Orleans looked to be in a tough spot, but this just goes to show that if you’re willing to spend in this economy, you can acquire some talent. If Okafor works out and the Hornets gel, they’ll be back in the thick of things in the West.

The NBA’s 68 worst contracts

The economy is really starting to take its toll on professional sports, and the NBA is no different. Bad contracts are bad even when the economy is pumping, but they really stand out in tough times like these. So I decided to look through the payrolls team-by-team to try to identify the worst contracts in the NBA. I expected to list 15-20 names, but I ended up scribbling down 68. That’s right, there are no fewer than 68 bad contracts in the NBA.

I didn’t include any of the players that are in the final year of their contracts because…well, what’s the point? They’ll be off the books in a few months anyway. Instead, I wanted to focus on those contracts that are going to haunt teams for years to come, so to be eligible, players have to have at least a year left on their current deals.

It’s tough to compare someone making superstar money to an average, everyday role player, so I split these 68 contracts up into three groups: the Overpaid Role Players, the Not-So-Super Stars and the Injury-Prones. I will rank them from least-worst to most-worst with the thinking that I wouldn’t trade the player for anyone further down the list but I would trade him for anyone previously mentioned. So, for example, if a guy is listed #7 within a particular group, I’m not trading him for anyone ranked #6-#1, but I would think seriously about moving him for a guy that is ranked #8+.

So let’s start with the role players and go from there…

(Note: In most cases, I don’t blame the player himself for his outrageous contract. The fault lies with the general manager that inked the guy to the deal. However, this rule goes out the window if the player has a history of only producing in his contract year – I’m looking at you, Tim Thomas.)

THE OVERPAID ROLE PLAYERS

Guys That I Wouldn’t Mind Having On My Team

36. Shane Battier (two years, $14.3 million)
6.7 ppg, 4.9 rpg
I know he’s supposed to be the “no-stat MVP,” but $7 million per season seems like a lot to pay for a defensive specialist who only gets 0.7 steals per game. Plus, when he shaves his head, you can almost see his brain.

35. Jason Maxiell (four years, $20 million)
5.4 ppg, 3.9 rpg
Maxiell’s Player Efficiency Rating (15.79) is above average. But why pay the guy if you aren’t going to play him?

34. Andres Nocioni (three years, $21.0 million)
10.5 ppg, 4.2 rpg, 41% FG%
Nocioni can ball, but $7 mil a season is a steep price to pay for 11 and 4. We’ll see if he blossoms now that he’s outside of Luol Deng’s shadow.

33. Nick Collison (two years, $13.2 million)
7.9 ppg, 6.8 rpg
You’d think this guy would have a killer 18-footer by now.

32. Ronny Turiaf (three years, $12.5 million)
5.5 ppg, 4.0 rpg
He plays hard, but any number of guys in the D-league and overseas that can do what he does at a fraction of the price.

I Only Want Him On My Team In A Contract Year

31. Tim Thomas (one year, $6.5 million)
9.3 ppg, 3.3 rpg
“Tiny” Tim is the poster boy for guys that only produce when they’re playing for a new contract. Ernie Grunfeld, GM of my beloved Bucks, signed him back in ’00 to a six-year deal worth $68 million and then, six underachieving years later, the Clippers were so enamored with his performance against them in the playoffs that inked him to a four-year deal worth $24 million. This clown has a career average of 11.7 points and 4.2 rebounds and he has made more than $84 million thus far. Sorry, I have to go throw up…

…okay, I’m back.

The Expiring Contracts

30. Darko Milicic (one year, $7.5 million)
6.3 ppg, 4.8 rpg
29. Mike James (one year, $6.5 million)
8.6 ppg, 3.2 apg
28. Antonio Daniels (one year, $6.6 million)
4.4 ppg, 2.8 apg
27. Earl Watson (one year, $6.6 million)
6.0 ppg, 5.7 apg, 37% FG%
26. Tony Battie (one year, $6.3 million)
4.4 ppg, 3.6 rpg
25. Brian Cardinal (one year, $6.8 million)
2.0 ppg, 1.8 rpg
24. Etan Thomas (one year, $7.4 million)
3.1 ppg, 2.6 rpg
23. Mark Blount (one year, $8.0 million)
3.9 ppg, 1.8 rpg
22. Jerome James (one year, $6.6 million)
3.0 ppg, 1.5 rpg
21. Kenny Thomas (one year, $8.8 million)
0.8 ppg, 1.9 rpg
20. Bobby Simmons (one year, $11.2 million)
8.0 ppg, 4.4 rpg
Expect to hear “__________’s expiring contract” a lot next February. Seriously, these guys will be involved in all sorts of trade scenarios, but in this economy, most teams will just hold onto them and let their salaries come off the cap. What’s sad is that most of these guys are useless, yet they’ll make more in one season than most of us will in our lifetimes.

Great, now I’m depressed.

All They Can Do Is Shoot, But That’s Something

19. Jason Kapono (two years, $12.9 million)
8.4 ppg, 2.1 rpg
18. Sasha Vujacic (two years, $10.5 million)
5.7 ppg, 1.6 apg
17. Daniel Gibson (three years, $12.5 million)
8.1 ppg, 38% FG%
16. Vladimir Radmanovic (two years, $13.4 million)
10.5 ppg, 4.0 rpg, 1.6 apg
15. Morris Peterson (two years, $12.2 million)
5.4 ppg, 2.1 rpg
After signing a three-year deal, setting himself up for life, Vujacic’s shooting numbers have dropped eight percent from the field and almost nine percent from three-point range. (Like he needed to be more annoying.) And I don’t think the Cavs had 38% shooting in mind when they inked Boobie to a long-term deal; the play of Delonte West has made Gibson expendable. As for Radmanovic, he is arguably the worst defender in the league. Really. Just watch him on that end of the court sometime. He’s totally lost. His awareness in NBA 2K9 should be zero.

One Good Year Does Not a Starting Point Guard Make

14. Marcus Banks (two years, $9.4 million)
2.7 ppg, 1.3 apg
13. Beno Udrih (four years, $26.7 million)
10.9 ppg, 4.3 apg
12. Marko Jaric (two years, $14. 7 million)
1.8 ppg, 0.9 rpg, 27% FG%
Sure, Udrih is overpaid and the Kings were dumb to sign him long-term. But the guy can run an offense and that’s still something. But I wonder — does Marko’s new bride (Victoria’s Secret model Adriana Lima, pictured below) know that he’s not getting any minutes for one of the worst teams in the league? Does she care? Does he care?

After looking at that picture, do I care?

The Not-So-Special Specialists

11. Reggie Evans (two years, $10 million)
2.7 ppg, 4.7 rpg
10. Jared Jeffries (two years, $13.4 million)
4.6 ppg, 4.0 rpg
Here we have the Rebounder and the Defender. Too bad that’s all either guy can do. Jeffries is a poor man’s Battier. (I don’t really know what that even means.)

The Big Stiffs

9. Darius Songaila (two years $9.3 million)
6.7 ppg, 2.6 rpg
8. Joel Pryzbilla (two years, $14.3 million)
5.2 ppg, 8.1 rpg
7. Erick Dampier (one year, $12.1 million)
5.3 ppg, 7.0 rpg, 1.3 bpg
6. Nazr Mohammed (two years, $13.4 million)
2.5 ppg, 2.0 rpg
5. Dan Gadzuric (two years, $14.0 million)
3.5 ppg, 3.5 rpg
Now that’s a list of overpaid backup centers. The Bucks drafted Andrew Bogut in June 2005 then sign Gadzuric to a long-term deal two months later. How does this make sense? Since when does being seven-foot and being able to get up and down the court in a reasonable amount of time entitle you to a multi-million dollar contract?

What In the World Were They Thinking?

4. Jamaal Tinsley (two years, $14.9 million)
No stats in 2008-09
The Pacers have been trying to get rid of Tinsley for a while now but they can’t find any takers. I wonder why…

3. Matt Carroll (four years, $16.4 million)
3.3 ppg, 1.3 rpg, 39% FG%
The Mavs had to take on Carroll’s brutal contract to get rid of the #1 guy on this list, so this is actually an improvement for Mark Cuban. Carroll is proof positive that if you can average double-digit points in your contract year for one of the worst teams in the league, you can parlay that into a deal worth $20 million. Right place, right time…

2. Luke Walton (four years, $21.6 million)
4.9 ppg, 2.5 apg, 2.5 rpg
I’m of the school that Luke wouldn’t have signed this big of a contract if his last name wasn’t “Walton.” Hell, if not for that family name, I’d argue that he wouldn’t even be in the NBA. He’s a 6’8” white dude who can’t shoot but I’m told that “he knows how to play the game.” Seriously, there are a half a dozen guys like that in my rec league (and they can shoot it better than he does).

1. DeSagana Diop (four years, $26.8 million)
3.3 ppg, 3.8 rpg, 0.8 bpg
How does a guy that has never averaged more than 3.3 points or 5.4 rebounds a game get a five-year deal worth $31 million? He’s a great shot-blocker, you say? His career high in blocks is 1.8 – that’s worth $6 million per season? Really? I thought America was a meritocracy…

THE (NOT-SO-SUPER)STARS

18. Vince Carter (two years, $33.6 million)
20.5 ppg, 5.0 rpg, 4.8 apg
Is he playing well? Absolutely. Is he worth every penny? Not so much. The Nets couldn’t give him away at the trade deadline.

17. Richard Jefferson (two years, $29.4 million)
18.3 ppg, 4.7 rpg, 2.4 apg, 43% FG%
He’s helped the Bucks stay competitive, but the franchise is in dire financial shape. He’s worth $10-$11 mil per season, not $15 million.

16. Rashard Lewis (three years, $58.7 million)
18.4 ppg, 5.9 rpg
Yes, he’s overpaid, but at least he can shoot – and he’s perfect for what Orlando wants to do.

15. Mike Dunleavy (two years, $20.4 million)
15.1 ppg, 3.8 rpg, 2.4 apg
Mike, Jr. finally lived up to his bloated contract last season and then he got hurt. Perfect. Man, it’s been a rough year for the Dunleavys.

14. Antawn Jamison (three years, $40.1 million)
21.6 ppg, 9.2 rpg, 2.0 apg
It’s hard to know how bad this contract will look in a year or two. He’s still producing, albeit for a bad team.

13. Andrei Kirilenko (two years, $34.3 million)
12.4 ppg, 5.3 rpg, 3.0 apg
This contract has looked awful for a long time now. He inked his deal before the arrival of Carlos Boozer and Deron Williams and the Jazz have been counting the minutes since.

12. Troy Murphy (two years, $23.0 million)
13.9 ppg, 11.8 rpg
Call me crazy, but at essentially the same price, I’d rather have Murphy for two years than the next guy for five.

11. Emeka Okafor (five years, $62.5 million)
14.1 ppg, 10.6 rpg, 1.7 bpg
Welcome to cap hell, Charlotte.

10. Andre Iguodala (five years, $68.6 million)
18.0 ppg, 5.4 apg, 6.0 rpg
Don’t get me wrong – Iggy is a solid player. Just not $13.7 mil-per-season solid.

9. Luol Deng (five years, $61.7 million)
14.1 ppg, 6.0 rpg, 1.9 apg
A 14/6 guy is worth $12 mil a year? Really? Someone call Drew Gooden and tell him he’s in for a payday this summer. (Relax, Bulls fans, at least Deng is just 23.)

8. Kirk Hinrich (three years, $26.5 million)
9.4 ppg, 4.2 apg, 43% FG%
What happened to him? His career was on the slide even before Derrick Rose came to town. This is a guy that is in desperate need of a change of scenery.

7. Larry Hughes (one year, $13.7 million)
11.9 ppg, 1.9 apg, 2.9 rpg
6. Ben Wallace (one year, $14.0 million)
3.0 ppg, 6.6 rpg, 1.4 bpg
Hey, at least these ridonkuous contracts only last one more year. I am sick and tired of talking about how they’re overpaid.

5. Stephen Jackson (four years, $35.6 million)
21.1 ppg, 6.4 apg, 41% FG%
4. Corey Maggette (four years, $39.7 million)
19.8 ppg, 5.6 rpg
While Jackson’s numbers are decent, he’s a volume shooter and he’s already 30 – imagine how bad this contract is going to look in a couple of years. The same goes for Maggette. Don’t forget that playing in Golden State inflates those numbers. Geesh!

3. Baron Davis (four years, $53.8 million)
15.3 ppg, 7.9 apg, 3.5 rpg, 36% FG%
I wonder if the Clips want a do-over. Davis is a good player, but not $13.5 million-per-year good. What’s sad is that I really like watching Davis play. He should be playing for a contender. Elton Brand really did a number on this guy.

2. Zach Randolph (two years, $33.3 million)
21.8 ppg, 10.5 rpg
Don’t be fooled by those numbers. Randolph is a $9 million-per-year player in a $16 million-per-year contract. He makes a killing scoring and rebounding for terrible teams.

1. Peja Stojakovic (two years, $27.7 million)
13.8 ppg, 4.4 rpg
Sure, he’s averaging almost 14 points per game, but he’s shooting just 40% from the field. This trade actually forced the Hornets to try to give their third-best player, Tyson Chandler, away. Since they acquired Peja, New Orleans has had absolutely no cap flexibility. This is the move that may ultimately keep the Hornets out of the Finals, at least for the next couple of seasons. They rolled the dice that Peja could still shoot and it came up snake eyes.

THE INJURY-PRONES

14. Shaquille O’Neal (one year, $21 million)
18.2 ppg, 8.8 rpg, 1.5 bpg
Yes, he’s having a good year, but he’s not worth $21 million. While the next guy is the better center, at least Shaq has proven he can take a team to the Promised Land. The Cavs may ultimately regret not adding him at the expense of Wally Szczerbiak and Sasha Pavlovic at the trade deadline.

13. Yao Ming (two years, $34.1 million)
19.8 ppg, 9.6 rpg
Don’t get me wrong – Yao has a great game. I love it. But I don’t think you can build around a guy who has missed more than a third of his games in the last three seasons. And his foot problems are only going to get worse, right?

12. Nene Hilario (three years, $33.5 million)
14.8 ppg, 7.9 rpg
He’s productive when he plays, but this guy is an injury waiting to happen. Prior to this season, he missed 40% of Denver’s games over his first six years.

11. Andrew Bogut (five years, $60.0 million)
11.7 ppg, 10.3 rpg, 1.0 bpg
I like Bogut’s hard-nosed style, but it seems to be taking its toll on his body. He has missed more than a quarter of his games over the past three seasons. Now he has back pain — that’s easy to fix, right?

10. Jason Richardson (two years, $27.8 million)
17.0 ppg, 4.3 rpg, 2.2 apg
J-Rich is a solid player. Just not $13.9 mil-per-season solid.

9. Michael Redd (two years, $35.3 million)
21.2 ppg, 3.2 rpg, 2.7 apg
Over the last three years, Redd has missed 36% of the Bucks’ games. I think it’s safe to say he’s injury-prone. I do love this former second round pick, but he’s not living up to his contract. I want to see an efficent, 18+ point season with the Bucks getting out of the first round of the playoffs. Then I’ll be happy.

8. Jermaine O’Neal (one year, $23.0 million)
13.5 ppg, 6.9 rpg
In the previous four seasons, O’Neal has missed 37% of his team’s games. Wowsers. The guy still has skills, if he can only stay upright.

7. Tracy McGrady (one year, $22.5 million)
15.6 ppg, 5.0 apg, 4.4 rpg, 39% FG%
One more year and the Rockets will be able to free themselves from this albatross of a contract. Remember when people used to argue about who was the better shooting guard – Kobe or T-Mac? That seems like such a loooooong time ago.

6. Kenyon Martin (two years, $32.2 million)
12.2 ppg, 6.2 rpg
Hey, at least K-Mart is healthy and contributing! (Nugget fans know what I’m talking about.) Martin has one of those contracts that was untradeable the moment he signed it. Then he played a total of 58 games in the ’05-’06 and ’06-’07 seasons. Believe me, Denver fans are happy for the 12 and 6.

5. Samuel Dalembert (two years, $25.1 million)
6.3 ppg, 8.7 rpg, 1.8 bpg
As time goes on, this contract looks more and more ridiculous.

4. Elton Brand (four years, $66.2 million)
13.8 ppg, 8.8 rpg
Methinks the basketball gods are giving Elton a little payback for leaving Baron Davis high and dry. Karma is a bitch.

3. Eddy Curry (two years, $21.8 million)
2.0 ppg, 2.0 rpg
A 6’11” center who can’t rebound or stay healthy? Great. His game has such a bad rep that he’s been unmovable for years.

2. Monta Ellis (five years, $55 million)
13.4 ppg, 3.8 rpg, 2.8 apg
Yet another bright career gets derailed by a wild moped ride in Mississippi. How many times does this happen before we all stand up and say “NO” to Mississippi moped rides?

1. Gilbert Arenas (five years, $96.4 million)
No stats in 2008-09
To think, the Wizards actually seemed happy to be getting Agent Zero at a “hometown discount.” But who exactly were they bidding against? If he doesn’t return to his All-NBA form, the franchise will be hamstrung for years to come. This is yet another Ernie Grunfeld gem.

2008 NBA Preview: #24 Charlotte Bobcats

Offseason Movement: The Bobcats re-signed Emeka Okafor to a big contract, which will keep the big man in Charlotte for the foreseeable future. The team hired Larry Brown to take over as head coach.
Keep Your Eye On: D.J. Augustin, PG
The Ray Felton Era may be over in Charlotte. The team drafted Augustin #9 overall, and it looks like they want him to be the point guard of the future. Brown is notoriously tough on his guards, so it will be interesting to see how this position battle evolves over the course of the season. The team has talked about playing Felton at off guard, but he doesn’t shoot the ball well and Jason Richardson will likely get most of the minutes there, so I’m not sure how that’s going to work.
The Big Question: Does Larry Brown still have it in him?
Brown is known for turning teams around. With the team building around Okafor, Richardson and Gerald Wallace, he does have some talent to work with. Can Brown get something out of Adam Morrison? It’s not a given that the 68 year-old has the energy or the stamina to succeed during the grind of another NBA season.
Outlook: The potential is there for a playoff berth in the East. If Brown can coax good play out of Augustin/Felton at the point, Richardson provides efficient shooting at off guard, and Wallace and Okafor continue to produce on the front line, then the Bobcats might be in business. The bench is a question mark, but that’s true for most of the teams in the league. If the team doesn’t buy in to what Brown is selling, we could be looking at another season of New York Knicks-style griping and complaining, only no one will care because it’s Charlotte.

Check out our NBA Preview page for a look at every team. We’ll be posting three previews per business day, which will take us up to the start of the season on Tuesday, October 28th.

Bobcats sign Okafor for $72 million

I estimated Emeka Okafor’s value to be $12-$12.5 million per season, and apparently the Bobcats agree.

The Charlotte Bobcats have agreed in principle on a six-year contract worth at least $72 million with restricted free agent Emeka Okafor.

The agreement with Okafor by far represents Charlotte’s biggest expenditure on one player as the club readies for its fifth season. Okafor turned down a five-year deal with a similar $12 million annual average before last season, preferring to wait for restricted free agency.

Okafor averaged 13.7 points, 10.7 rebounds and 1.7 blocks last season in 33.2 minutes per game but never clicked with coach Sam Vincent, who was fired by team president and former teammate Michael Jordan after just one season. Okafor has already played for Brown on the 2004 U.S. Olympic team and has generated plenty of praise from the bench veteran lately.

An annual salary of $12 million would be in line with the contract extension 2005’s No. 1 overall pick Andrew Bogut received from the Milwaukee Bucks earlier this month. Bogut signed a five-year deal for $60 million with hard-to-reach incentives that, if realized, could take the overall worth of the contract past $70 million.

Bogut and Okafor have very similar PERs, but Bogut is a true center while Okafor is more of a defensive-minded power forward type. I’d rather have Bogut because he’s a legitimate threat in the post and a terrific passer. Both players averaged 1.7 blocks per game.

The Bobcats didn’t overpay for Okafor, so it looks like a good deal for both sides.