Tag: NBA free agency rumors (Page 2 of 7)

      Market heating up for Knicks’ free agents

      July 18, 2009 /

      Things have been pretty quiet this summer on the David Lee and Nate Robinson front. But now that the unrestricted free agent market has all but dried up, teams are setting their sights on the restricted free agents that are still available.

      Knicks team president Donnie Walsh predicted negotiations with David Lee will come to a head early next week, and indications were Lee will either sign an offer sheet with the Trail Blazers or settle for the Knicks’ five-year offer, which agent Mark Bartelstein still believes is below Lee’s market value.

      he Blazers got back $10 million in cap room when the Jazz matched their four-year, $32 million offer to forward Paul Millsap. Bartelstein is trying to get the Blazers to offer Lee a five-year, $50 million contract, but they have been reluctant, feeling that the Knicks will match.

      With his eye on the 2010 salary cap, Walsh is seeking a deal averaging between $7 and $8 million.

      Isn’t Millsap’s value higher than Lee’s? Millsap is just as good of a rebounder and can score with his back to the basket. Lee is an energy guy and his numbers are a little inflated since the Knicks play at such a frenetic pace under Mike D’Antoni. Walsh has his value pegged (at $7-$8 million per season), but it is Bartelstein’s job to get as much money for Lee as he can.

      I don’t think the Blazers are reluctant because they think the Knicks will match, I think they’re reluctant to give Lee $10 million per season.

      Meanwhile, Olympiakos made a strong offer to Nate Robinson.

      The Knicks will have trouble competing with Olympiakos’ offer to fellow restricted free agent Nate Robinson. A source said the Greek team’s offer is equivalent to $10 million a year, factoring in endorsements and merchandising.

      Robinson can play next season for $2.9 million and become an unrestricted free agent next summer. If he goes to Greece, the Knicks will still hold his rights next summer. Josh Childress will play for Olympiakos for another season after testing the waters this summer.

      The NBA needs to get rid of restricted free agency altogether. If a team can’t work out an extension by the summer before the final year of the player’s contract then that player should become an unrestricted free agent the following summer.

      7/19 Update: The Hoop is reporting that Olympiakos’s offer to Robinson is for $9 million over two years.

      Finally, the Knicks have interest in Ramon Sessions, according to Gery Woelfel of the Racine Journal-Times. (Actually, he posted this on Twitter.)

      I hear Knicks covet Ramon Sessions, expected 2 call Bucks soon about sign and trade. Otherwise prepared 2 use mid-level. Yes, Knicks love Sessions

      I’ve been waiting for the market for Sessions to heat up. I think he’s worth the mid-level, so the Bucks better figure out a way to keep him or get something in return.

      NBA, News, Rumors & Gossip

      Odom does damage control

      July 18, 2009 /

      According to Jim Hill, Lamar Odom made a call to Jerry Buss.

      I am told the purpose of the call was to rebuild any bridges that Odom’s agent, Jeff Schwartz may have burned by not responding to the Lakers offer of 3-years $30 million, and 4-years for $36 million.

      If the Lakers do have (or had) these offers on the table, I don’t know why Odom hasn’t already re-signed. The most the Heat (or any team without cap space) can offer is a five-year deal worth around $34 million. So it makes sense that he’d be calling up Buss trying to convince him to make these offers available again. The market for Odom is not that strong, so he simply doesn’t have the leverage to demand a contract in the $11 million-plus range.

      What’s not clear is if Buss is wiling to let bygones be bygones and sign Odom. He’s a character, for sure, but in the end I think GM Mitch Kupchak will convince him to sign Odom to one of these deals.

      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

      Okur re-ups

      July 10, 2009 /

      The Utah Jazz have locked up at least one of their big men.

      The Utah Jazz and center Mehmet Okur have agreed in principle to a two-year contract extension worth just under $21 million, according to NBA front-office sources.

      Okur could have been a free agent this summer but elected on June 30 to complete the final season on his current contract with the Jazz at $9 million.

      Sources told ESPN.com that Okur and the Jazz have quickly reached terms to extend the contract by two more seasons at $20.8 million starting in 2010-11.

      I pegged Okur’s value at about $8-$9 million per season, but like most of my estimates, I bought into the idea that teams were going to be more frugal this offseason. Okur is a 6’11” face up center who averaged 17.0 points and 7.7 rebounds this season. He also has terrific range for a big man, nailing almost 45% of his three point attempts. He’s not a factor on help defense, but with his girth he’s pretty good one-on-one in the post.

      Paul Millsap is a restricted free agent, but hasn’t yet signed an offer sheet with another team. Carlos Boozer elected to play one more year in Utah, but there is talk that he may be headed to Chicago as part of a three-team trade involving Kirk Hinrich and Tyrus Thomas. If Utah pulls the trigger, they’d be building around a core of Deron Williams, Ronnie Brewer, Thomas, Millsap and Okur. It doesn’t make much sense to keep both Boozer and Millsap around, as they are very similar players. It seems the Jazz feel that Millsap is the better value, but would like to get something in return for Boozer. Thomas wouldn’t represent equal value, but it’s tough to get equal value these days.

      NBA, News, Rumors & Gossip

      Cavs commit to Varejao

      July 9, 2009 /

      It looks like Anderson Varejao is staying in Cleveland.

      Varejao’s contract is worth $42.5 million over the six years, and the final year is only partially guaranteed. Incentives could push the total amount to $50 million.

      Varejao’s agent, Dan Fegan, says that the Cavs turned down a few sign-and-trade offers.

      “I’m excited about it,” Fegan said. “I will tell you several teams made sign-and trade proposals where Anderson could have made $10 million or $11 million a year. Some very good players would have been involved.

      “He wanted to stay in Cleveland. There were also a number of teams with cap space, like Oklahoma City and Portland, who were interested.”

      I estimated Varejao’s value to be somewhere in the $5.5-$6.5 million per year range, so without the incentives, this contract came in a little bit above that. The thing I worry about from the Cavs’ perspective is the fact that it’s going to be tough to play Varejao and Shaquille O’Neal together because neither guy has the ability to hit an open 15-foot jumper. This will allow the defense to sag into the lane which will help to close off LeBron’s drives.

      In addition, the Cavs have a verbal agreement with Anthony Parker (formerly of the Raptors) and have their sights set on Channing Frye.

      The Cavs have also agreed to terms with Toronto free agent Anthony Parker. The final figures of the deal are not set, but he will receive a portion of the $5.8 mid-level exception for either two or three years.

      The Cavs hope to sign Channing Frye with the remainder of their mid-level exception.

      Shaq is clearly a short-term fix, but with the Varejao, Parker and possible Frye signings, and assuming the salary cap falls to somewhere in the $50 million to $53 million range, the Cavs aren’t going to have the cap space necessary next summer to woo a big-name free agent like Chris Bosh or Amare Stoudemire. They may still be able to work out a sign-and-trade, but with roughly $30 million already spoken for heading into 2010, the Cavs won’t have the cap space to make two maximum contract offers.

      Cleveland is clearly treating this as a “must-win” season, but what happens if they flame out in the playoffs again?

      NBA, News, Rumors & Gossip

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