Tag: NBA rumors (Page 23 of 30)

Restricted free agents aren’t getting any love

John Hollinger examines the current free agent market

Because as much as teams are spending in pursuit of unrestricted free agents, it stands in sharp contrast to those of the restricted free agents on the market. Gortat struck a deal for an offer sheet from Dallas, but desirable commodities like Lee, Paul Millsap, Marvin Williams, Josh Childress, Ramon Sessions and Nate Robinson have barely gotten a sniff.

Moreover, the market for those players to get anything above the midlevel exception is basically gone. Unless they can persuade one of the above teams to join in the bidding, somebody like Lee or Millsap could end up settling for the midlevel exception or playing on a one-year deal for a scandalously low qualifying offer — $1.03 million for Millsap, $2.68 million for Lee.

In turn, this has to be chilling news if you’re Rajon Rondo, Luis Scola, Rudy Gay, LaMarcus Aldridge, Andrea Bargnani, Ronnie Brewer or Foye, all of whom will be restricted free agents next summer if they don’t sign extensions by opening day. (Brandon Roy, who is all but certain to get a maximum extension, needn’t worry.) The restricted free agents in the class of ’09 couldn’t get a sniff of big money even in a very underwhelming free-agent market; what can they possibly expect a year from now when the likes of LeBron James, Dwyane Wade, Chris Bosh, Dirk Nowitzki and Amare Stoudemire could be available unrestricted?

On the other hand, the unrestricted free agents could once again make out like bandits — perhaps providing a carrot for the likes of Lee, Millsap and Williams to take the qualifier and play for a below-market-value price this season in hopes of recouping the difference next summer.

Detroit and Toronto have already burned their cap space on the likes of Ben Gordon, Charlie Villanueva and Hedo Turkoglu, but there are still a few teams — Oklahoma City, Sacramento, Memphis and Atlanta — who could make a significant offer to Paul Millsap or David Lee. The problem with trying to sign an RFA is that their current team has seven days to match the offer sheet, and during that time, the team trying to pry the RFA has that money tied up in that player. Most teams will wait the full seven days just to screw with the other team, and then eventually match the offer. This span should be reduced from seven days to two business days. Really — how long does it take to decide whether or not a contract is too big to match? If they shortened the span, these RFAs would be getting a lot more action.

Kidd will return to Dallas

Jason Kidd has reportedly given a verbal commitment to re-sign with the Dallas Mavericks.

Sources told ESPN.com that Kidd, 36, will receive a 3-year, fully-guaranteed contract worth in excess of $25 million.

Kidd elected to stay in Dallas in the face of a hard push from the New York Knicks, who last week offered Kidd the most they could ($19 million over three years).

Some say that Kidd flirted with the Knicks only to strengthen his bargaining position with the Mavericks, but I think Dallas knew that someone would make him a mid-level offer and that they’d have to come a little stronger. Kidd was still an elite point guard as recently as the 2006-07 season, but over the past two seasons his athleticism has degraded somewhat, and he now gets by on guile more than speed or quickness.

This seems like a fruitless endeavor for the Mavs. Locking up Kidd for another three years will help keep Dallas in the playoffs, but they are a far cry from being a serious contender in the West. Dirk Nowitzki can opt out next summer (but may not), Josh Howard is signed through 2011 and Jason Terry is signed through 2012. This core blew its chance for a title in the 2006 Finals when Dwyane Wade went on a rampage (with more than a little help from the refs), and then overreacted by trading budding star Devin Harris away for Kidd. If Harris were still on the roster, the Mavs’ prospects would be brighter.

Not so fast! Turkoglu picks Toronto over Portland?

Last night, it pretty much seemed like a done deal that Hedo Turkoglu was going to sign with the Blazers, but now ESPN is reporting that the Turkish forward is going to instead sign with the Toronto Raptors.

The decision left the Blazers livid and was a huge coup for the Raptors, who have promised Turkoglu all of the salary-cap space they will have from renouncing their rights to Shawn Marion, Anthony Parker and Carlos Delfino, which will likely add up to a starting salary in the $10.1 million range, with eight percent annual raises.

A source close to the discussions said Turkoglu had given a verbal commitment to the Blazers on Thursday, then alerted the team on Friday morning that he was having second thoughts. By mid-afternoon Pacific time, the Blazers were told the deal was dead and Turkoglu would be signing with the Raptors.

Turkoglu will make about $3 million more over the life of the contract than he would have made in Portland, but a bigger reason for his change of heart, a source told ESPN.com, was his desire to play in Toronto, a more international and cosmopolitan city — one with a large Turkish population — and his familiarity with the Eastern Conference after having spent the last five seasons with the Magic.

It seems like a dangerous thing to delve inside the mind of Hedo Turkoglu, but I’m going to try. First, he sets his price tag so high that the team that made him a star — the Orlando Magic — can’t or won’t afford to keep him. So he’d rather play for the up-and-coming Blazers than try to repeat as Eastern Conference champs in Orlando. That’s a decision I could understand. I didn’t think that he’d get the $10 million per season that he was looking for, but the Blazers ponied up, and they look like a team that will be at or near the top of the West for the next several years. But to shun Portland to play for an also-ran that seems destined to lose its best player (Chris Bosh) for a few extra million doesn’t make a whole lot of sense.

I suppose it’s tough to turn down $3 million, but when you’re talking about $53 million or $50 million, I don’t see much of a difference. Personally, I’d want to play for a contender, and knowing how elusive chemistry and dynasties can be, I probably would have taken the four-year, $35 million extension from the Magic. I can’t blame Turkoglu for taking the extra $15 million and heading to Portland, but I do question the reasoning behind shunning the Blazers for the Raptors.

Maybe he’ll help the Raptors get back to the playoffs. Maybe he’ll be the difference that will convince Bosh to re-sign. Or maybe the Raptors will flounder as a fringe playoff team and he’ll eventually regret this decision as he watches Orlando and Portland play deep into the postseason year after year.

Turkoglu agrees to terms with the Blazers

Per TrueHoop…

Although a verbal commitment may be announced sooner, the terms of the contract cannot be finalized until Wednesday when the NBA informs teams what the 2009-10 salary cap will be.

The Orlando Magic’s recent trade for Vince Carter, who has a large salary and plays small forward — which is Turkoglu’s position — made it highly unlikely Turkoglu would be back in Orlando.

The Toronto Raptors expressed interest in Turkoglu, but were constrained by their other efforts to keep Shawn Marion and Carlos Delfino.

Turkoglu, a 6-10 forward from Turkey who played a prominent role in the Magic’s recent trip to the NBA Finals, had been looking for a five-year deal in the neighborhood of $50 million.

Five years and $50 million is a lot for Turkoglu, who is already 30 years-old and isn’t particularly efficient statistically. But his game is a pretty good fit for the Blazers, who want to space the court for Brandon Roy. Turkoglu is a good enough shooter to do that, plus he can handle the ball really well for a small forward, which help to take the pressure off of Roy. In fact, with Roy at the two and Turkoglu at the three, there’s enough ball handling there that the team doesn’t have to play with a traditional point guard. This may open up minutes for Rudy Fernandez, who was reportedly upset about the Blazers’ interest in Turkoglu.

The other thing to remember is that the Blazers’ cap space wasn’t going to last. They have to sign both Roy and LaMarcus Aldridge to big extensions as soon as this summer and Greg Oden will be eligible for an extension next summer. It was sort of a “use it or lose” it scenario for the Blazers, and owner Paul Allen has never been afraid to spend. They added a versatile, experienced small forward who proved in the playoffs that he knows how to win. $10 million per season is a lot for Turkoglu, but his game should age pretty well, so at worst the Blazers should get quality play for the first three or four years of the deal.

What’s lost in all of this is the fact that Orlando will not be bringing back the core that went to the Finals this year. Chemistry is a rare quality and the Magic may rue the day that they brought in Vince Carter and waved goodbye to Turkoglu. After all, there were two overtime games in the first four, and the Lakers won both. Had those games gone the other way, the Magic would have led the series 3-1 with Game 5 at home to clinch the title. They didn’t need to tinker this much, and GM Otis Smith may eventually regret it.

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