2014 Free Agency

News Roundup

In Free Agency on July 26, 2008 at 1:08 am

Lot of interesting small pieces of news today and over the past two-three days so I’ll recap a bunch of them here:

Biedrins drawing a lot of interest from European teams:

A source close to the Warriors’ fifth-year center said European teams are hot and heavy after Biedrins. The Latvia native is drawing strong interest in a couple Russian clubs, according to the source, who added that teams are willing to sign him for three to five years for what amounts to more than $10 million a year.
This would be the best news for Biedrins’ in months. The only team with salary cap space that was reportedly interested in him, other than the Warriors, was Philadelphia. But the 76ers spent their cap money on Elton Brand. So leverage of a fat offer from overseas is Biedrins’ best hope of getting the money he wants from the Warriors, or anywhere in the NBA.
Biedrins’ camp, which was rumored to have its sight set on the ballpark of Chris Kaman’s contract (five years, $55 million), likely won’t be elated about the offer they’re likely going to get from the Warriors. I would be shocked if it even equaled Corey Maggette’s average of $10 million a year. Just looking at the numbers, I’m thinking six years, $48 million.

The source said Biedrins’ camp and Golden State have yet to formally meet. But Biedrins figures to be next on the list now that the Warriors are out of salary cap space and star guard Monta Ellis is signed.

Talkbasket has the news on which team Garbajosa will join:

Out of all three serious offers that Spanish forward Jorge Garbajosa received, he picked the least expected one. 30-year-old signed 2-year contract with 3 million euros per season. Khimki have already signed another former Toronto Raptor Carlos Delfino.

I love Garbo. Shame he won’t be in the NBA next season. He was an excellent glue guy and quality role player. Great intelligence, very good range and jump shot, smart passer, very good defender, tough as nails. 6-10 combo forward. Shame he isn’t in the NBA. San Antonio were reportedly making a run at him, I wish that went through, he would have been great for them.

Garbajosa will be a big addition for his new team in Russia.

Jazz match offer for CJ Miles:

The Utah Jazz on Friday exercised their first right of refusal on the contract of guard  CJ Miles, matching the offer he signed with Oklahoma City last week.

Terms were not disclosed, but multiple sources indicated Miles inked a four-year, $15 million deal with the franchise formerly known as the Seattle Supersonics.

I’m surprised the Jazz matched that offer. There’s some talent there but I’m not sure how much, the Jazz obviously felt he was worth the risk at that number.

Denver add Dahntay Jones:

One day after adding a reserve post, the Nuggets added a reserve swingman — Dahntay Jones agreed to a one-year deal with Denver, his agent confirmed.

Jones, a Duke product, played well on Denver’s summer league team, well enough to earn himself a guaranteed contract for the league minimum, around $1 million.

“I think George (Karl) is going to put a real emphasis on defense, defensive pressure, and Dahntay is a great on-the-ball defender,” agent Mark Bartelstein said. “I think he will help them immensely that way. He’s a great fit.”

Interesting pickup for the Nuggets. Jones reportedly had a terrific tour with the Nuggets during summer league putting up 18ppg in just 23mpg. I haven’t gotten to watch any of the Nuggets SL games so I don’t know whether he’s improved or by how much. Jones played four years at Memphis before being cut back in training camp by Boston last year. He has some defensive ability but his BBIQ and offensive game are very much in question. Unfulfilled talent is the best description of Jones, he’s a player who could be a solid end of bench guy. Last year he was rightfully not in the NBA, he wasn’t good enough.

ESPN reports that Okafor and the Bobcats are nowhere near signing a deal. Bobcats GM Huggins maintains that he expects to keep Okafor on the team and sign him to an extension.

The financials on the Kurt Thomas signing were revealed:

The Express-News has learned that deal will pay Thomas a total of $8 million — $4.2 million next season and $3.8 in 2009-10.

I’m surprised it cost them that much to hold onto Kurt Thomas. Hopefully he’ll provide more than last season considering the money he’s going to be paid. I thought he’d be closer to the LLE. Considering his deal is two years, the Spurs are probably expecting Tiago Splitter to be a natural replacement for Thomas at the end of his contract.

The Sixers sign Royal Ivey

Royal Ivey.

The Sixers have reached an agreement with the 6-4 backcourt player, who spent last season with the Milwaukee Bucks and the first three seasons of his career with the Atlanta Hawks.

Ivey, 26, will not officially sign a minimum-salary contract until Monday, which is believed to be for 2 years and include a significant guarantee. The league minimum for a player with four seasons of service is $854,957.

The Sixers see Ivey as an off-the-bench complement to Williams because of his size and defensive ability. He averaged 5.6 points and 2.1 assists in 75 games last season, making 20 starts. He entered the league in 2004-05 as a second-round draft choice of the Hawks.

“He’s a very tough kid who is better offensively than people think,” said Keith Glass, Ivey’s agent. “His defense and aggressiveness tend to overshadow his offense, but he’s gotten better offensively each year.”

Very good signing by the Sixers. Ivey is a very good third string point guard. His physical defense and superior size at the point will also fit in with the Sixers pressure defense. I like that move. Good stuff.

Nenad Krstic is another being courted by European teams:

What happens with restricted free agent Nenad Krstic will have a lot to say about what else the Nets do this summer.

The Nets would love to keep the 7-foot, soon-to-be 25-year-old Krstic, but Thorn points out that Krstic is looking for more money than the team is willing to spend, and he isn’t bound by what other NBA teams are willing to offer him, either.

Europe has become an attractive option with all the money its clubs are able to throw around.

Sheridan had this on his recent Childress article:

Nets president Rod Thorn has said Krstic is currently weighing offers from overseas

Some numbers on the Wolves signings

Ok, here they are: Sebastian Telfair’s three-year deal is worth $7.5 million and breaks down this way: $2.3 million this coming season, $2.5 million in 2009-2010 and he has the option to come back in 2010-2011 for $2.7 million. Craig Smith signed a two-year deal worth $4.8 million that will pay him $2.3 million and $2.5 million a season.

Also, the Wolves appear to be getting closer to signing Ryan Gomes. If they do, it’ll probably be somewhere in the $3 million a year rang

Okay so they grossly overpaid Smith and overpaid Telfair. This reinforces my wild guess that Telfair won’t finish that contract in Minnesota, I see him getting traded before that. Interesting side note on Ryan Gomes who had been linked with a near MLE type contract, 3mil per is a lot more reasonable.

Update on Marc Gasol’s financials and an odd quote:

One could argue that Marc is every bit of a question mark now as his older brother was back then. But after signing a three-year, $10 million contract, Marc spent considerable time pointing out the differences with his older brother — including a frame that’s been upgraded since his days at Lausanne Collegiate School.

Gasol, 23, is no longer a chubby teenager. The 7-1, 265-pounder is a brawny athlete after playing five years of professional basketball in Spain.

As he held up his jersey — No. 33, previously donned by Mike Miller, now with Minnesota — Gasol talked about being “motivated to prove to everybody that I can play.”

He then added: “I know I can play.”

That’s exactly what the Grizzlies are counting on to help solidify a rather unstable post position.

“You don’t know until you’re here,” Gasol said when asked what his impact will be. “I know you get pushed around and knocked down (in the NBA), but you have to step up again. I have more body than Pau. I weigh more than Pau so it’ll be easier for me to bang.”

He won the ACB league Most Valuable Player award this season and was one of two ACB players to rank in the top five in scoring (fifth), rebounding (third) and blocks (third). Gasol’s .653 field goal percentage with Akasvayu Girona was second in the league.

“Marc is strictly a center,” Wallace said. “And he’s a tremendous passer. He’ll instantly be one of the best passers on the team.”

Gasol said the turning point for him happened when Spain won gold during the 2006 FIBA World Championships.

“It taught me what I had to do to get to be a better player,” said Gasol, who was originally drafted by the Lakers with the 48th pick overall in 2007. “It started with taking care of my body.”

$10mil over three years seems reasonable to bring him over. I really don’t know what to expect out of Marc Gasol but he looks a very interesting prospect and he’s a player that should be able to help Memphis early on.

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