Tag: Rasheed Wallace (Page 3 of 5)

Which NBA teams will have cap space this summer?

The NBA free agency period starts July 1st, and as that date approaches I’ll preview this year’s free agent class in more detail. But for now, I’d like to take a look at which teams have the cap flexibility to be major players in free agency this summer. (Mind you, just because a team has cap space, it doesn’t necessarily mean that they’ll use it. Just sayin’.)

Not familiar with the NBA salary cap? Here’s a quick primer…

1. The cap for the 2008-09 season was $58.7 million. The general consensus is that the cap will stay flat or decrease slightly. We’ll assume it sticks at $58.7 million.

2. If a team is over the cap, the only free agents they can sign are their own, unless they elect to sign a player to the mid-level exception (~$5.8 million per season), the bi-annual exception (~$2.0) or to a minimum contract. (The bi-annual exception may not be used in two consecutive years.)

3. If a team is under the cap, they can sign any free agent they want as long as they do not exceed the cap. They can also take on salary via trade up to the cap, so a team like the Grizzlies (with almost $20 million in cap space) could conceivably trade their first round pick to the Suns for Amare Stoudemire or to the Raptors for Chris Bosh.

Here’s a list of the bigger names in the free agent pool this summer:

Unrestricted: Carlos Boozer, Ben Gordon, Ron Artest, Lamar Odom, Andre Miller, Shawn Marion, Jason Kidd, Hedo Turkoglu, Allen Iverson, Mehmet Okur, Rasheed Wallace, Mike Bibby, Anderson Varejao, Grant Hill, Kyle Korver, Trevor Ariza, Brandon Bass, Chris Andersen, Zaza Pachulia, Chris Wilcox and Drew Gooden

Restricted: David Lee, Paul Millsap, Ray Felton, Josh Childress*, Marvin Williams, Glen Davis, Ramon Sessions, Charlie Villanueva, Nate Robinson, Leon Powe, Hakim Warrick, Linas Kleiza, Jarrett Jack and Shannon Brown

* It appears that if Childress does return to the NBA, the Hawks still hold his rights, so he would be a restricted free agent.

There are eight teams that project to have more than $5.8 million (the value of the mid-level exception) in cap space this summer:

Memphis Grizzlies
Projected Cap Space: $19.7 million
Memphis has been reluctant to spend for several years now and is probably one of the franchises that’s struggling the most in the current economy. I lived in Memphis for three years, and given its small size and overall lack of wealth, I always thought that it would struggle to support a professional sports team. With a core of Rudy Gay, O.J. Mayo and Marc Gasol, the Grizzlies have to feel pretty good about what they have at off guard, small forward and center. The big decision this summer is what to do with restricted free agent Hakim Warrick. When dealing with bad teams, numbers can be deceptive, because no matter what, somebody has to score and rebound, right? Warrick’s PER (16.91) is #24 amongst power forwards, so ideally he’d be coming off the bench for a playoff team. The Grizzlies projected cap space assumes they make the qualifying offer to Warrick ($3.0 million). Memphis is one of those teams that could really use the services of a Carlos Boozer, David Lee or Paul Millsap, but in this economy, are the Grizzlies willing to make that kind of a commitment? They could try to make a run at Chris Bosh or Amare Stoudemire next summer, but the odds are long that either guy would want to play for the Grizzlies.

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NBA Free Agency Rumors: Wade, ‘Sheed, Boozer and more

SLAM says that Rasheed Wallace will retire if he doesn’t get at least $8 million to play next season. By my count, there are seven teams — Memphis, Atlanta, Oklahoma City, Sacramento, Toronto, Portland and Minnesota — other than the Pistons that could give him that kind of money. Who would be interested in ‘Sheed? I’m guessing only teams that are on the verge of competing for a title and have a need for a big man with championship experience. The only “contenders” on that list are Atlanta and Portland, and neither seems to be a good fit. Portland already has a slender sharp-shooting big man in LaMarcus Aldridge, and the Hawks will likely spend their cap space on re-signing Mike Bibby (though that isn’t necessarily the right thing to do). So if Portland and Atlanta pass on Wallace, someone will offer him a mid-level deal (~$5.8 M) and he’ll have to decide if it’s worth it. Any team in the league can sign him for that, so if he lowers his price, demand will rise.

Dwyane Wade reiterated that he will consider signing an extension once he’s eligible to on July 1st, but that he hasn’t given the idea much thought. The Heat would have a ton of cap space this summer had they held onto Shawn Marion and his expiring contract, but they instead traded for Jermaine O’Neal whom they thought would help their chances in the playoffs over the next two seasons. In the end, I doubt D-Wade will leave Miami. He’s a star there, the weather is great, and with Michael Beasley and a yet to be named big man (Chris Bosh, Amare Stoudemire) to be signed in the summer of 2010, the Heat have a good foundation for success. To me, the big question is whether or not Beasley can play small forward. If so, then the team should try to put together a starting lineup of Mario Chalmers, Wade, Beasley, Udonis Haslem and either Bosh or Amare.

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What happened to the Spurs?

With the Mavericks’ 106-93 Game 5 win in San Antonio, it is the first time that Tim Duncan has lost a first round series. Tony Parker shot 55% from the field, and averaged 28.6 points, 6.8 assists and 4.2 rebounds per game. Battling sore knees, Duncan still shot 53% from the field, averaging 19.8 points and 8.0 rebounds. Normally, those kinds of numbers from the Spurs’ top two players would result in a series win. What happened?

1. No supporting cast.
Manu Ginobili was out. Duh. But the rest of the Spurs failed to step up in his absence. Parker and Duncan combined to shoot 100 of 185 (54%) in the series, which means everyone not named Tim or Tony combined to make just 75 of their 198 attempts (38%). Roger Mason shot 42% from long range during the season, but made just 37% in the series. The midseason addition of Drew Gooden was a bust; he averaged just 7.3 points and 3.8 rebounds, and shot 33% from the field. Without Ginobili, there wasn’t a third scorer to take the pressure off of Parker and Duncan.

2. Mediocre defense.
The Mavs averaged 96.4 points per game, shot better than 46% from the field and better than 38% from long range during the series. Now those numbers are by no means eye-popping, but they are very un-Spurs-like. San Antonio just couldn’t get the consistent stops it needed to make up for its overall lack of scoring. Josh Howard and Dirk Nowitzki were both stellar, while J.J. Barea and Brandon Bass played great off the bench when Dallas needed it.

The Spurs head into the summer with zero cap space, but with the fiscal state of the league, they’ll have a good opportunity to add a quality player at the mid-level exception, assuming they want to spend the money. My guess is that they will, given that Tim Duncan’s championship window continues to get smaller and smaller. The team is fine in the backcourt, with Parker, Ginobili, Mason and George Hill. They need help on the wing and in the frontcourt, so the priority will likely be a big man. Rasheed Wallace’s name has been floated, but Zaza Pachulia, Anderson Varejao, Brandon Bass, Chris Andersen and Antonio McDyess are cheaper options.

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.

Marc Stein’s trade talk: Amare, Tyson, Richard Jefferson and more

The trade deadline is Thursday, and trade talk is really heating up. Marc Stein gives us the latest.

Two rival executives we spoke with Sunday night immediately wondered whether the Suns’ decision to replace Terry Porter with Alvin Gentry would convince Phoenix to “tap the brakes,” as one put it, on its Stoudemire talks. If the Suns are going to try to recapture a semblance of what they had under Mike D’Antoni, with the only holdover from D’Antoni’s staff taking over, you can understand why Gentry would prefer to have Stoudemire for the rest of the season to help the cause.

Stoudemire is still under contract for another season, so it wouldn’t hurt the Suns if they wanted to see what Gentry could do with this group before moving their star player over the summer. I’d say that the Porter firing makes it more likely that Stoudemire stays put, though I’d still put the chances at better than 50/50 that Amare is moved before the trade deadline.

One source close to the situation maintains that the Suns have a standing offer from the Bulls for Stoudemire that would definitely deliver blossoming forward Tyrus Thomas and Drew Gooden’s $7.2 million expiring contract. The Suns like those two pieces. A lot.

Unclear is how much more Chicago would be willing to put into the deal.

Joakim Noah? Thabo Sefalosha? A first-round pick?

I mentioned to a buddy of mine that the Suns covet Thomas and his first reaction was, “Why?” Thomas has a rep for being a bit of a disappointment, especially with the way that LaMarcus Aldridge has blossomed in Portland. (The two were involved in a draft night trade back in 2006.)

But Thomas is playing well of late, averaging 15.6 points and 9.6 rebounds over the last nine games. Production-wise, he’s always done pretty well. His PER was 14.80 his first season, 14.91 in his second season and 15.47 this season. He’s just 22 and still has a lot of upside.

The conspiracy theorists among Joe Dumars’ front-office peers around the league will inevitably surmise that the Pistons might need the extra roster spot because they’re closing in on some sort of Stoudemire deal. The combination of Rasheed Wallace’s expiring contract and young forward Amir Johnson would appear to be Detroit’s best offer — and thus not quite in Chicago’s class — but there are a couple well-connected league insiders who believe that Dumars still has hope of winning the Amare Sweepstakes.

So the Suns would let Wallace’s contract expire and they’d ultimately keep Amir Johnson from this deal. The same Amir Johnson that is averaging 4.2 points and 4.4 rebounds in 17 minutes per game this season? Can’t the Suns do better than that?

The Kings could move to the top of the list if they were willing to part with rookie forward Jason Thompson, their two biggest expiring contracts (Bobby Jackson and Shelden Williams) and what will almost certainly be a top-five pick in June.

But the Kings aren’t willing. Not to part with all that. Not yet, anyway.

The 22 year-old Thompson is averaging 10.4 points and 6.8 rebounds per game and is having a fine rookie season for a bad team. The key to this deal is the draft pick, as it projects to be in the top five come June. However, I don’t think that the Suns would want to trade Stoudemire within the division.

Sources say Oklahoma City is going after New Orleans center Tyson Chandler, with the Hornets known to be seriously interested in slicing payroll and with the Thunder capable of offering the Hornets two replacement big men with expiring contracts (Joe Smith and Chris Wilcox) as well as one of its five first-round picks in the next two drafts.

You’d like to think that the Hornets would first try to get through this season, see how far they go in the postseason and then shop Chandler closer to the draft if moving him remains their best money-saving option, since trading their interior defensive anchor — in spite of Chandler’s struggles this season — would force us to reevaluate New Orleans’ status as a contender.

The Hornets are 30-20 and currently sitting in the sixth playoff spot in the West. But keep in mind that they are only 1 1/2 games out of fourth and five games out of second. It would be a shame if they broke up the core to slash payroll, especially when the Hornets have $10.6 million coming off the books this summer in the form of Antonio Daniels and Rasual Butler’s expiring contracts. Looking at their payroll, the Hornets shouldn’t have any problem keeping this group together and still stay under the luxury tax threshold.

The problem in New Orleans is not Chandler, it’s Peja Stojakovic, as I’ve been saying all along. The Hornets made a mistake trading for him, and now that they owe him another $29.5 million over the next two seasons, they’re paying the price. His contract is untradeable and his game is degrading. That’s not a good combination.

…but the latest in circulation could furnish Portland with a new small forward and a new point guard: [Richard] Jefferson and University of Oregon-ex Luke Ridnour in exchange for Travis Outlaw, Sergio Rodriguez and Raef LaFrentz’s expiring contract.

As a Bucks fan, I’d like to see Ridnour moved to clear the way for Ramon Sessions to take over at the point, though it might be better to make that switch this summer after Sessions has been signed to an affordable contract. If they move Ridnour and Sessions blows up, it’s only going to increase his asking price. I’m lukewarm on Jefferson, but if they can get out from under his contract (via LaFrentz’s expiring deal) and get a couple of nice young players in Outlaw and Rodriguez, I’d be all for it.

Why did Miami consent to completing the long-discussed deal swapping Shawn Marion for Jermaine O’Neal nearly a week before the deadline instead of waiting a few more days to see what happens with Stoudemire?

One source close to the process says that the Heat were informed from the start that they had no shot at completing a direct Amare deal with the Suns because Phoenix did not want to bring back Marion — even for less than half a season — after last February’s emotional parting … and because Phoenix isn’t especially high on [Michael] Beasley, either.

Intuitively, this makes sense. Miami realized that it could not acquire Stoudemire, so they did the next best thing and acquired O’Neal. On the other hand, I don’t know why the Suns aren’t interested in Beasley. You’d think that he’d be a nice piece to build around, and he’ll be cheap for the next few years, but the Suns are more interested in Tyrus Thomas. Go figure.

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