Tag: LeBron James free agent (Page 5 of 5)

Chad Ford looks ahead to 2010 NBA free agency

Now that the dust has pretty much settled in the 2009 NBA offseason, ESPN’s Chad Ford previews the free agents that are likely to be available next summer. [Insider subscription required.]

No subscription? Check out our preview from last December. I plan to update it once this year’s restricted free agents are settled, as there are still a few looking for long-term deals.

Right now, it’s looking like the 2010 unrestricted free agent class could include the likes of LeBron James, Dwyane Wade, Chris Bosh, Amare Stoudemire, Joe Johnson, Carlos Boozer, Dirk Nowitzki, Yao Ming, Paul Pierce, David Lee, Manu Ginobili, Shaquille O’Neal, Ray Allen, Tracy McGrady, Tyson Chandler, Michael Redd, Richard Jefferson, Ramon Sessions, Ray Felton, Nate Robinson, Travis Outlaw, John Salmons and Al Harrington.

I expect at least a few of those names will strike long-term deals before next summer, but still, that’s quite the list, and it doesn’t even include the potential restricted free agents from the draft class of 2006 (i.e. Brandon Roy, LaMarcus Aldridge, Rajon Rondo, Rudy Gay, etc.)

NBA announces 2009 salary cap, warns about 2010

The new salary cap figure is out, and it dipped slightly from last season.

The new figures for 2009-10 just announced by the league have set the salary cap at $57.7 million per team — down $1 million from $58.7 from 2008-09 — and the luxury-tax threshold at $69.9 million.

More importantly, the league is projecting a much bigger drop (as much as $8 million) heading into the 2010 season.

The official league memorandum, obtained by ESPN.com, forecasts a dip in basketball-related income in the 2009-10 season of 2.5 percent to 5 percent, which threatens to take the 2010-11 cap down some $5 million to $8 million from last season’s $58.7 million salary cap.

A significant drop for the luxury-tax threshold is also projected going into the summer of 2010. If basketball-related income drops by 2.5 percent in 2009-10, league officials are projecting a 2010-11 salary cap of $53.6 million and a luxury-tax line of $65 million. If BRI, as it is referred to in the NBA, decreases by five percent, teams would be looking at a $50.4 million salary cap and a luxury-tax line of $61.2 million in 2010-11.

What does this mean? Well, a team like the New York Knicks, who are projected to have a payroll of about $23 million heading into 2010 would have had about $35 million to spend had the cap stayed at $58 million. That’s plenty of money to sign to superstars. If the cap drops $5-$8 million, it means that they’re projected cap space will be in the $27-$30 million range. That makes signing two “max” players quite tough.

This is probably good news for teams looking to retain their superstars, since they can go over the cap to re-sign players. If the cap does indeed drop to $50 million, it would increase the chances of LeBron James, Dwyane Wade and Joe Johnson staying put.

Dwyane Wade shoots down New York as a possible destination in 2010

D-Wade thinks he and LeBron could end up playing for the same team in two years, but he doesn’t think it’s going to be for the Knicks.

Days after suggesting the possibility of becoming a teammate of LeBron James after the two become free agents in 2010, Miami Heat guard Dwyane Wade shot down at least one potential destination for the star-studded tandem: New York.

Wade said Tuesday that he remains committed to the Heat for now and could see himself spending the rest of his career in Miami. But Wade also said he would explore all of his options should he elect to opt out of his contract and become a free agent in 2010, the same summer several of the NBA’s top players have options.

”Is it a possibility me and LeBron will play together? It’s always a possibility,” Wade said after the Heat’s practice Tuesday at AmericanAirlines Arena. “We’re both free agents. Is it a possibility I’m going to New York? That’s not a possibility in my mind.”

That’s the strongest stance yet Wade has taken on his potential free agency in 2010. His comments came on the heels of a New York Post story published Friday in which Wade was quoted as saying he and James could end up as teammates.

But Wade took exception to some of the comments attributed to him in the story and said Friday that he never implied that the two would play in New York.

It’s interesting that Wade admits that he plans to look at all of his options next summer (and who wouldn’t?) but goes out of his way to cross New York off the list of possible destinations. For a guy who is intent on keeping his options open, it seems odd to rule out the biggest market in the country.

Miami is an attractive place to play and my guess is that Wade ends up re-signing with the Heat, especially since they’ll have the cap space to sign a top tier free agent in the next two summers.

Dissecting the Larry Hughes trade rumor

Larry Hughes to the Nets? It’s a possibility, according to NorthJersey.com.

The Nets and Bulls have discussed a deal that would bring veteran shooting guard Larry Hughes to New Jersey for Bobby Simmons and Maurice Ager, league sources said. Sean Williams was offered instead of Ager, but Chicago wasn’t interested.

Both sides are considering it, although the Bulls are talking to many teams about Hughes, who is signed through next season.

The Nets are weighing whether the deal makes them that much better and if it’s financially smart. The additional salary next season would be more than $3 million.

Every time I hear a trade rumor, I ask myself the following questions…

1. What is Team A (or B) trying to accomplish?
2. What are the salary cap ramifications?
3. Is this is a good idea?

Larry Hughes is one of the most overpaid players in the league. He has another year left on his deal at the tune of $13.6 million. This season, he is an average shooting guard (PER: 14.68) which is an improvement over his performance in the two previous seasons.

Since his contract expires in 2010, this trade wouldn’t affect the Nets’ ability to woo LeBron James or any other big-name free agent that summer, so the Nets are apparently trying to get better in the short term with this deal. Bobby Simmons hasn’t been the same player since his foot injuries he suffered with the Bucks, and since it looks like Hughes has a little left in the tank, it wouldn’t be a bad move for the Nets. He plays the same position as Vince Carter, but since the league is getting smaller, Carter could play a little small forward as well. It’s possible that the Nets are giving themselves a backup plan at off guard if they decide to trade Carter away.

For the Bulls, Hughes has been complaining about his lack of minutes and has been somewhat of a distraction. It would appear that the main benefit for Chicago would be to rid itself of that headache.

So, from that point of view, it looks like a good idea for both teams. The Nets get a little better, they don’t threaten their ability to sign a free agent in 2010 and they give themselves a backup at shooting guard if they trade Carter away. The Bulls rid themselves of a headache, create a happier locker room, and save a little money.

It seems like a fair trade to me.

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