Where’s the Money?
Howard Beck has yet another strong article in today’s Times and does a great job of putting the market in
perspective. There are some interesting things of note in how the market lays out for all 2009 free agents.
“…More than 100 players will become free agents at midnight Tuesday. Negotiations will commence soon after, although no deals can be consummated until July 8, after the annual moratorium.
Teams are already cutting back. Last week, the Milwaukee Bucks practically gave away Richard Jefferson, a high-scoring forward, in a trade with the San Antonio Spurs. The Bucks received a package of expiring contracts designed to reduce their payroll. Two days later, the Phoenix Suns traded O’Neal to Cleveland, and the Nets sent Vince Carter to Orlando, also for cap-friendly contracts.
The Bucks continued their payroll slashing on Monday when, in a surprise move, they declined to tender a qualifying offer to Charlie Villanueva, their promising young forward. The move made Villanueva an unrestricted free agent and probably ended his career in Milwaukee.
The Boston Celtics, who won the championship in 2008, have been offering their starting guards, Ray Allen and Rajon Rondo, in trade talks, in part because of financial considerations…
…The biggest buyer this summer will probably be the Detroit Pistons, who could have about $20 million in cap space after letting Rasheed Wallace and Allen Iverson leave. The Pistons have reportedly targeted Ben Gordon, the hot-shooting Chicago Bulls guard, and will also be shopping for a big man, possibly Boozer or his Jazz teammate Paul Millsap.
The other teams with significant cap space are Portland, Memphis and Oklahoma City, although it is not clear how much the Grizzlies and the Thunder are willing to spend. The Trail Blazers are reportedly interested in Turkoglu. They also need a point guard, and there are three top veterans available: Dallas’s Jason Kidd, Philadelphia’s Andre Miller and Atlanta’s Mike Bibby.
The lower-tier free agents will probably have to settle for re-signing with their teams or accepting a midlevel exception elsewhere. However, some team executives predict that only three or four teams will use their midlevel exceptions…”
Ironically, the Pistons are going to be shoppers, despite the fact that Mo-Town and the auto industry have been hit hardest during the downturn, but the idea is that once the buyers stake their claim, teams looking to mill over the second tier players may pass based on the economy.
So the question becomes where do executives place both Lee and Nate? I liked what Donnie Walsh said the other day in regards to Lee. He seemed to dare Lee’s camp to prove they can get a huge offer. What if Paul Milsap wises up and snags a modest offer from the Thunder? If he were smart he wouldn’t wait for Lee to set the market because he may give any leverage back to Utah.
Again, Boozer will decide go quickly, probably to Detroit, and as we reported a while back, the Blazers are hot for Hedo. You have to really wonder what offers come to Lee and Nate’s camp tonight because if they are not blow you out of the water huge, then those offers probably won’t come at all.
And Walsh will be justified for his play should he decide that the dynamic duo are really worth keeping at the right price. If it’s slow tonight, he may just get them under that number.
However, my thing with Nate has been the same stance since January. I like Nate and I don’t find him to be selfish off the court in terms of his asking price. He should want to get paid. He’s a good player and a great marketing mind. On the court, I just don’t think that he’s a fit for what this group is building, but if Mike D’Antoni wants him back he could very well be back. The thing that I’ve learned in watching D’Antoni is that he REALLY wears his emotions on his sleeve. His enthusiasm for Nate was seriously curbed throughout the season when you consider how high he was on seeing Nate in his system when he first got here. Deal or no deal, it’s tough to imagine Nate being here, but will he even get an substantial offer is the ultimate question based on the current NBA situation. If the Knicks don’t land Kidd or Nash, expect them to let Nate walk and scoop up Ramon Sessions. To Beck’s point it would seem there won’t be a rush to judgment with Nate because the Knicks can offer the MLE to a guard and have the advantage with the most money over that second tier. They may get Sessions, a talented pass-first PG, by default.
It’s going to be intersting how teams rate the class. Those with high marks will be rewarded, but it seems more and more that the “B” students are going to get screwed. This is where the Knicks finacial strength can help them have a great off season.
But, when I asked Walsh the other day if he was confident he could make the right improvements, he told me, “I’m not confident until we do it.”
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