Tag Archives: guranteed money

Rumors, Signings, and the Upcoming Lockout

Didn’t pay much attention to the NBA free agency bonanza over the three day weekend (or sports for that matter), but caught up the last couple days on the rumor mill, and it sounds like all the rumors that were swirling on Friday, sound just about the same as they do today. Maybe there’s a little more of the I think so and so is leaning towards staying/going here, but nobody’s opinion is truly relevant, since nobody knows what factors are in play for these guys in making their final decisions so rumors will continue. There was one big commitment over the weekend with Amare Stoudemire agreeing to a five year $100M contract with the Knicks. I think it’s good for the guy, he wasn’t going to get a max deal in Phoenix, so why not go where someone that is willing to dish out the cash! He might not be exactly what they were hoping for, and as MCeezy said, they still aren’t relevant without another big player, but he is as worthy as anyone for a max offer. He’ll probably hold his fantasy value rejoining the anti-defensive D’antoni coached team. They might actually come out of this free agency period a winner depending on what else they get. I’m not going to say I think this was the greatest signing, but it’s far from a bad one as some would have you believe. If he somehow recruits another superstar, then he would be an all-time Knicks without even stepping on the court. It was much better than signing Joe Johnson or Rudy Gay to the “max” deals. I’m starting to wonder where Boozer will land since there are really no rumors about him. I do like the ring of Boozer’s Vodka if he ends up on the Nets. D-Wade and Chris Bosh are going to team up in Miami, just as I predicted. It’s tough to tell how much of a supporting cast they can have with only four players (Chalmers and Beasley) on the roster, but if they really don’t care about the money that much, maybe they’ll be able to bring in another big name.

I found the rumor of Carmelo waiting it out until next year’s free agency to go join Amare in New York as a laughable scenario. Does Melo even really have a choice on waiting it out with the lockout scheduled for next year? He could’ve been part of this free agent frenzy, but chose to take the extra year and some extra cash instead of opening up his 2010 summer. The Baltimore native has lived the rough life, so I don’t see him passing up any guaranteed money. Could he really pass on an extension that would guarantee him close to $20M per year for the next three? I’ll say no. The way money is flying around this summer is going to get even crazier after Lebron makes his choice tomorrow. You may think it already has with contracts like Amir Johnson (5 years $34M), Darko Milicic (4 years $20M), Drew Gooden (4 years $39M), but this summer there will be even more of those unfathomable numbers for guys that are at best bench players, especially if all these big free agents end up staying put. There’s a lot of teams waaay under the cap that were hoping to lure a Lebron or Wade to their city, but all these potential suitors forgot one thing, what if they don’t want to leave and want the extra $20-30M guaranteed that these guys can have tacked onto the last year of their contract in their current cities. So in essence, some teams will be overpaying for guys this summer that aren’t going to change a franchise into an instant contender. I’m thinking Richard Jefferson, Luis Scola, Raymond Felton, and Ray Allen will all eventually get some ridiculous money thrown their way from teams that are desperate to make a splash. They are good, but should only be additions to an already good team not THE addition that makes them a team. Continue reading

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