Tag: Summer of 2010 (Page 58 of 63)

What are the Knicks waiting for?

BREW HOOP has a nice roundup of the Ramon Sessions situation. The Knicks haven’t yet signed him to a deal, but the two sides are still negotiating.

Rumor has it that the Bucks would match up to $3 million per season. The Knicks’ payroll is currently projected to be around $27.4 million heading into next summer, and if the salary cap drops to $50 million, that leaves $22.6 million to sign LeBron (or some other max player) and David Lee and/or Sessions. (This assumes that GM Donnie Walsh can’t move Eddy Curry or Jared Jeffries.) Whatever deal the Knicks offer Sessions will cut into that cap space in 2010 since the minimum contract length is two years for a restricted free agent. It appears that the Knicks are looking at the worst case scenario (not being able to move Curry or Jeffries) and have to choose between Sessions and Lee.

As for the Bucks, I’ve made my feelings clear — they need to hold onto Sessions.

David Lee is frustrated

Restricted free agent David Lee is frustrated that he hasn’t been able to come to terms on a new contract with the Knicks.

“At the start of this process I was really excited to be in New York, I thought it wouldn’t be too difficult to work something out, but now we’re forced to start looking at different options with sign-and trades and stuff like that,” Lee told ESPN.com. “I’m sure it’s going to be something we’re not expecting, it’s going to be something that’s very complicated. But my gut would be that it’s going to be difficult at this point to get a long-term deal done with New York, that’s my gut.”

Lee is seeking a five- or six-year contract in the range of $50-60 million, with New York willing to spend something more in the area of $8 million per season.

“He has an agenda with his agent, and rightly so, and [Knicks president] Donnie [Walsh] has an agenda that I think everybody knows, and right now they’re not coinciding — and until somebody kind of changes that format, it’s going to be a little bit apart,” [head coach Mike] D’Antoni said. “Hopefully we can get it changed. We’re exploring everything, and we’re trying to stick to our guns a little bit, and that’s about it. We love David, we’d love to have him back, but I don’t think we can do it at any cost. That’s what’s being defined right now: What’s that cost? And so far they haven’t been able to agree on it.”

“Going forward I thought I could still be a big piece of the puzzle — and it’s not as though I’m looking at a max contract, or talking about either me OR LeBron. I thought it was something where we could get something done and they’d still have more than enough left over for what they wanted in the future, but apparently there’s some disagreement on that — just on how the Knicks want to move forward. And I think at this point they’re not completely sure what they’re going to do and how they want to proceed,” Lee said.

“I’m not going to go with angry or disrespected, that’s not the way we feel,” Lee said. “I understand the Knicks have a lot of different factors they’re considering. At this point they’re looking toward the future and trying to figure out exactly what they want to do, and possibly even confused about what they want to do. I don’t know that they’re 100 percent sure right now, just from what Donnie is saying, that they 100 percent know what direction they want to go in. You’ve seen that with the different guys [Jason Kidd and Grant Hill] they’ve been trying to get, and they haven’t gotten them.”

In his comments, Lee paints the Knicks as a team that doesn’t know what it wants to do. I don’t think this is a case. The Knicks want Lee back, but not at $10 million per season. Just because the team won’t meet his asking price, it doesn’t mean that they don’t know what direction they’re going.

Here is what I wrote about Lee when there were reports that he was looking for $12 million per season.

The other thing to consider when trying to estimate Lee’s overall value is the pace at which the Knicks play, and how it affects his stats. The Knicks use 99.0 possessions per game, but the league average is only 94.1, so if Lee were playing for a team playing at an average pace, his stats would drop to 15.2 ppg and 11.1 rpg. Those are still impressive numbers, but I wonder if he’d be quite as productive if he weren’t playing in D’Antoni’s wide open system. It’s not just the Knicks’ pace, it’s the opportunities that the team’s pace creates in transition. I’d expect him to be a 14/10 guy for an average team, and that’s hardly worth $12 million per season.

Lee isn’t a guy that the Knicks can dump the ball to in the post and expect him to score. He gets his points in other ways, a la Shawn Marion, though he doesn’t have Marion’s defensive prowess or three point range.

The Knicks are projected to have a payroll of just under $24 million heading into the summer of 2010. If they sign Lee to a deal worth $10 million a season, and the cap comes in at around $50 million as some forecasts have said, that only leaves about $16 million to sign a big-name free agent next summer. If they can sign Lee for $8 million a year, they’ll have a little extra flexibility and it could mean all the difference in the world.

Cavs commit to Varejao

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?

LeBron pledging to stay in Cleveland?

Yes, at least according to a “source” close to Trevor Ariza…

The Cleveland Cavaliers got some bad news followed by some potentially terrific news on Sunday. In a last-ditch effort to recruit Trevor Ariza away from the Houston Rockets, LeBron James told Ariza he would remain with the Cavaliers past 2010, according to a person close to Ariza.

Even that wasn’t enough to get Ariza, who verbally committed to join the Rockets last Thursday, to change his mind and go to Cleveland.

But the Cavaliers will gladly settle for the consolation prize; if indeed James’ statement to Ariza was more than an empty sales pitch.

“Trevor asked LeBron if he would be in Cleveland after next season,” the source said. “And LeBron said, ‘I’ll be there. Of course, I’ll be there.'”

When James told Ariza he’d be a Cavalier past next season, Ariza was less than convinced.

“He thought it was just a recruiting tool,” the source said. “LeBron definitely said it, but until he signs the contract it doesn’t mean much.”

If James was indeed being sincere in his intentions to re-sign with the Cavs, this is about the best news that the city of Cleveland could get on a Tuesday morning in July. Of course, a lot can happen in a year and he could just be saying this to try to convince a free agent or two to join the Cavs. There’s also the distinct possibility that this “source” is full of it.

The LeBron Watch continues…

NBA Draft & Free Agency Rumors: Monta unhappy, Cavs looking at Jamison and more

With the Finals behind us and the draft and free agency looming, the rumors are flying fast and furious. Here’s a rundown of the latest scuttlebutt…

Things are rumored to be getting worse in Golden State.

The talk is that Monta Ellis is unhappy with the direction the organization is heading in, and still holds a bit of grief over the way they held his contract status in limbo for months following his moped injury. For weeks we’ve heard that Ellis is no longer interested in playing for Golden State, and apparently it had reached a point where it was “close to popping off” in the words of one NBA executive—meaning going to the media and publicly demanding a trade.

Let me get this straight — the franchise gives Ellis $66 million over six years and he rewards them by tearing up his ankle in a moped accident, missing 57 games this season. I’m sure he wasn’t happy about the 30-game suspension he served with no pay, but he wasn’t going to play in those games anyway. Shouldn’t he be punished for being boneheaded enough to tool around on a moped?

It sounds like the team has promised Ellis that he’ll be running the point next season and may have promised that they wouldn’t take a point guard at #7, prompting several prospects — Stephen Curry, Jrue Holiday, Tyreke Evans and Ricky Rubio — to refuse to work out for Golden State. Suddenly, Jordan Hill looks like a stronger possibility if he’s still on the board when the Warriors pick.

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