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Pacers willing to pay $46 Million for Peja

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  • Pacers willing to pay $46 Million for Peja

    Doesn't say for how many years, I assume 5 years.


    http://www.nydailynews.com/sports/ba...p-365255c.html


    New York Daily News - http://www.nydailynews.com
    NBA market watch

    Sunday, July 9th, 2006

    The first wave of free agency has gone pretty much as expected, with Ben Wallace leaving Detroit, LeBron James accepting an extension from the Cavaliers, Sam Cassell and Jason Terry staying in Clipper-land and Dallas, respectively, and New Orleans/Oklahoma City, willing to overpay to make a run at the playoffs. A look at some of the moves that will become official Wednesday, the first day teams can sign free agents:
    Big Ben to Chicago

    The Bulls haven't won a playoff series since Michael Jordan played in Chicago, but they're obviously in a win-now mode after agreeing to give Wallace $60 million over four seasons. His minutes, rebounds and blocked shots have decreased every season since 2002-03, he'll turn 32 in September and he had run-ins with Rick Carlisle, Larry Brown and Flip Saunders - all factors in Detroit's decision to make him a $46 million offer they knew he would refuse.

    "I didn't feel insulted," Wallace said. "But looking at the league and the market and what players are paid, I thought I could get more. I thought I deserved a little bit more, but I was never insulted by the offer. At the end of the day, who can say that they had an opportunity to turn down $46 million?"

    The Bulls used a good deal of their $15 million in cap space on Wallace. He'll provide energy, rebounds and no one is a better help-defender, so he'll fit perfectly into Scott Skiles' system. The Bulls have led the league in field-goal-percentage defense the last two seasons and are locks to make it three straight.

    But Wallace is an offensive liability. He doesn't attract double-teams, he's amazingly a worse foul shooter than Shaquille O'Neal, and he's such a non-factor at the offensive end, his team has to play four-on-five. In Detroit, it got to the point where the team's executives, coaches and players did not want Wallace touching the ball, except if he were blocking a shot or clearing the boards.

    Wallace won four Defensive Player of the Year awards, so it's not as if the Pistons won't miss him. But they may adjust better to his loss than most people think. And for everyone who has penciled the Bulls into the 2007 Eastern Conference Finals, here's something to remember: Wallace is coming from a team that had more accomplished scorers - Chauncey Billups, Richard Hamilton and Rasheed Wallace - than what he will have surrounding him in Chicago.

    "The Bulls had problems scoring last season," said one Western Conference executive. "They still haven't addressed that area."

    Nor are they going to be able to solve that problem by dealing off some of their assets, including Ben Gordon and Andres Nocioni, for Kevin Garnett. Since the draft, the Timberwolves have told several teams, including Chicago, Seattle and New Jersey, that they are not going to trade Garnett. Once they had an agreement with Wallace, the Bulls were out of the Al Harrington sweepstakes. To get something more than the mid-level exception, starting at around $5.1 mil, Harrington and Bonzi Wells will have to be part of sign-and-trades.

    Staying home becomes popular

    The Mavs and Clippers couldn't afford to lose their top free agents - and they didn't.

    Terry was Dallas' second-leading scorer at 17.1 points per game and, until Game 6 of the Finals, had a better series against Miami than Dirk Nowitzki had. Although Terry will turn 29 in September, he was regarded as the signing priority in Dallas, so Mark Cuban signed off on a six-year deal worth $50 million.

    The Clippers will continue to need Cassell's leadership to improve on their strong playoff showing. So it was imperative to retain him, as they did with a two-year agreement worth around $13 million. They lost Vladimir Radmanovic to the Lakers, but replaced him with Tim Thomas. That's a wash.

    Two high-profile members of the great 2003 draft class, Miami's Dwyane Wade and Denver's Carmelo Anthony, also agreed to extend for the maximum (five years, $80 million). But James made the Cavs sweat before inking a five-year, $80 million deal yesterday with Cleveland.

    The feeling among some executives is that James wanted to make sure the Cavs were committed to making the necessary changes that ensure him the best chance of winning. That won't be easy. The Cavs revamped their roster last offseason and don't have a lot of movable pieces. But James seemed comfortable yesterday with the direction of the franchise.

    "I am very excited and happy to be re-signing with the Cavaliers. Staying in Cleveland . . . provides me with the unique opportunity to continue to play in front of my family, friends and fans," James said in a statement. "I look forward to working toward bringing a championship to our great fans and the city of Cleveland."

    Hornets open the vault

    They'll never be confused with the Knicks, whose luxury-tax bill of $52 million exceeds several teams' entire payrolls, but the Hornets did emerge as the one team that decided to overpay for talent this summer. Now Chris Paul has a better scoring option to get the ball to, in Peja Stojakovic, even if it means that the Hornets have to slow down their offense.

    According to one Indiana official, the Pacers were "blown away" that the Hornets gave Stojakovic a five-year, $64 million deal after he bowed out of the Nets series with a knee injury and added to his reputation of failing to deliver in the postseason. Ever conscious of the luxury tax, the Pacers were willing to go up to $46 million for Stojakovic. So they ended up getting nothing in return for Ron Artest, whom they dealt to Sacramento to acquire Stojakovic before the trade deadline. Now they're looking at Harrington or Wells, who are among the last of the top free agents in a weak field.

    The Hornets were $18 million under the projected $51 million cap, so they had more than enough for Stojakovic and Memphis' Bobby Jackson. Their $17 million deal (over three years) was more than the Kings or anyone else was willing to give Jackson. And as if you needed more proof that they're willing to throw money around, they took on Tyson Chandler's bloated contract ($54 million over five years) in sending off P.J. Brown, with one year left on his deal, to Chicago. That's a move straight out of Isiah Thomas' playbook.

  • #2
    Re: Pacers willing to pay $46 Million for Peja

    I think $46 million for 5 years would have been a good deal for us, alas the Hornets came with a "slightly" better () offer.
    2012 PD ABA Fantasy Keeper League Champion, sports.ws

    2011 PD ABA Fantasy Keeper League Champion, sports.ws

    2006 PD ABA Fantasy League runner up, sports.ws

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    • #3
      Re: Pacers willing to pay $46 Million for Peja

      http://www.philly.com/mld/inquirer/s...printstory.jsp

      On the NBA | Debunking free-agency myths

      By David Aldridge
      Inquirer Columnist

      Conventional wisdom is conventional for a reason: It's easy. Doesn't require any deep thinking. Often, it's correct, but many times, it's just lazy.

      We try very hard around here not to just blithely accept the CW, whether it's about politics, movies or sports. And in our neck of the woods, the first week of free agency offers the opportunity to either accept the NBACW being thrown around, or see things differently.

      We always believe in differently.

      NBACW: Detroit is grievously wounded over the loss of center Ben Wallace to division rival Chicago, and will fall to the back of the pack next season.

      Don't buy it. Losing Wallace hurts the Pistons; there's no doubting that. Few teams took their emotional cue from a single player as the Pistons did from Wallace. He was the linchpin of Detroit's half-court defense, making OK but not great defenders such as Chauncey Billups and Rip Hamilton look better than they were.

      But Detroit might have lost Wallace at exactly the right time.

      He clearly did not mesh with coach Flip Saunders, despite what the local media in Detroit tried to sell as isolated incidents. The Pistons imploded against the Heat in the Eastern Conference finals because they had no answer for Dwyane Wade, but also because Wallace checked out emotionally for much of the series.

      Going forward, the Pistons were going to be more of an offensive team; that's Saunders' specialty. And with the new rules and enforcement of same tilting the balance toward offense, they probably had no choice, anyway. With Billups, Hamilton, Tayshaun Prince, Rasheed Wallace and Antonio McDyess, Detroit's top five players are excellent one-on-one scorers. Ben Wallace doesn't fit that description, by a long shot.

      Now, Saunders is freed up to use all five players on offense. And team president Joe Dumars won't have $15 million annually tied up in an aging, one-dimensional center.

      If Dumars goofed in 2003 by taking Darko Milicic second overall, it's not because he should have taken Carmelo Anthony; it's because he should have taken Chris Bosh, or Chris Kaman, or somebody he could now plug in to replace Ben Wallace. But that's hindsight. With foresight, it says here, the Pistons still will win 50 games next season and be a factor in the playoffs.

      NBACW: LeBron James will agree to a contract extension and stay in Cleveland.

      This one happened. James agreed yesterday, but what in blazes took so long?

      NBACW: The Mavericks will stand pat for the most part and won't touch the core group that got to the Finals.

      Maybe. So why are they trying so hard to get Kenyon Martin from Denver?

      They won't be able to acquire Martin for D.J. Mbenga, let's just put it that way.

      You hear that the Nuggets are interested and wouldn't mind dealing Martin within the Western Conference. The problem is that Denver covets Jerry Stackhouse in return, and Dallas is loath to move its aggressive sixth man in any deal at the moment. The Mavericks did just get Austin Croshere from Indiana for Marquis Daniels, but they can't trade Croshere again as part of a package for two months under existing rules.

      (You also hear that even though Nenê has agreed to a contract extension in Denver, it's not guaranteed that he might not ultimately be moved by the Nuggets. But that's another story.)

      NBACW: Free-agent guard MikeJames, the best point guard available this summer, will end up with Houston, Dallas or Minnesota.

      Could be true. But don't forget one other team: Miami, which is making an effort to repatriate James to South Florida, where he broke into the league as an undrafted free agent in 2001.

      The Heat have at least a puncher's chance for four reasons:

      1. Miami's now the defending champion, and never discount that as a factor for a player.

      2. James immensely enjoyed playing for Pat Riley when he was with the Heat and often has said that Riley helped him believe he could play in the league.

      3. With Gary Payton on his last legs, Miami needs a third guard to rotate with Wade and Jason Williams.

      4. The Heat owe James' agent, Bill Duffy, a monster favor.

      Three years ago, Duffy's office failed to inform the Heat that his client, then-Heat guard Anthony Carter, wanted to exercise a player option in his contract. That mistake cleared more than $4 million in unexpected cap room for the Heat that summer, which allowed Miami to make a play for Clippers free-agent forward Lamar Odom.

      Odom signed with Miami. And without Odom, there's no way the Heat could have put together a package attractive enough to the Lakers to acquire Shaquille O'Neal in the summer of 2004.

      General managers rarely forget when player agents help them out, willingly or unwillingly. Lord knows Duffy probably hasn't.

      NBACW: The Hawks will execute a sign-and-trade with free-agent forward Al Harrington, either to the Pacers or, perhaps, to the 76ers.

      Problem: A Maryland judge who's handling the ownership dispute between the team's current owners and forced-out owner Steve Belkin ruled Thursday that the Hawks (and their NHL cousin Thrashers) can execute only one-year contracts with players until the final decision on who runs the team is made.

      That wasn't a problem with existing negotiations such as those with free-agent guard Speedy Claxton, who agreed to a contract in Atlanta earlier in the week. But it might well make it near impossible to trade Harrington for anything approaching market value, since the Hawks could take back only players with a year remaining on their deals.

      For example, it would be impossible for Atlanta, if it so desired, to get Jamaal Tinsley (who has five seasons left on his contract) or Stephen Jackson (four seasons) - two players the Pacers have been shopping - in any sign-and-trade for Harrington.

      The Hawks' universe would be limited to veterans such as Lakers center Chris Mihm, Bucks forward Joe Smith, Knicks forward Mo Taylor, and Grizzlies guard Eddie Jonesin potential sign-and-trade deals.



      --------------------------------------------------------------------------------

      Comment


      • #4
        Re: Pacers willing to pay $46 Million for Peja

        Originally posted by Mourning
        I think $46 million for 5 years would have been a good deal for us, alas the Hornets came with a "slightly" better () offer.
        It was probably 46mil for four years. So it was almost the same amount of money per year, but for a shorter time.

        That would have been a good deal for Peja if Nawlins hadn't thrown crazy money at him, and about in line with what I'd expect the Pacers to offer.
        This space for rent.

        Comment


        • #5
          Re: Pacers willing to pay $46 Million for Peja

          Good for Peja that he got that money. Good for us. We made a reasonable offer. I'm glad NO came along and trumped us in a big way.

          Comment


          • #6
            Re: Pacers willing to pay $46 Million for Peja

            NBACW: The Hawks will execute a sign-and-trade with free-agent forward Al Harrington, either to the Pacers or, perhaps, to the 76ers.
            Well that's interesting that this source states it so matter-of-factly
            I wonder what their source is ?

            Edit: nevermind after reading the article I understand he was stating that Conventional Widsom was indicating that Al was going to one of these two teams but he believes that may not be the case...

            Why Not Us ?

            Comment


            • #7
              Re: Pacers willing to pay $46 Million for Peja

              So is there anyone we can trade to ATL for AL? Maybe a scrub and some future draft picks?
              *removed* Just keep politics and religion completely out of it, please.

              Comment


              • #8
                Re: Pacers willing to pay $46 Million for Peja

                I hope for Cro's sake Dallas doesn't turn around and ship him back out.
                Come to the Dark Side -- There's cookies!

                Comment


                • #9
                  Re: Pacers willing to pay $46 Million for Peja

                  Originally posted by Jon Theodore
                  So is there anyone we can trade to ATL for AL? Maybe a scrub and some future draft picks?
                  It is still possible to trade for a player that has a multi-year contract, the only catch is that the owner (I forget his name) who got the injunction, he has to approve it.

                  Comment


                  • #10
                    Re: Pacers willing to pay $46 Million for Peja

                    I'm glad somebody else is stating that the Bull's still have a lot of question marks going into this season. Listening to Chicago sports radio, you would think it was time to start drawing up the parade route.

                    Comment


                    • #11
                      Re: Pacers willing to pay $46 Million for Peja

                      Originally posted by McClintic Sphere
                      I'm glad somebody else is stating that the Bull's still have a lot of question marks going into this season. Listening to Chicago sports radio, you would think it was time to start drawing up the parade route.

                      I was going to type out a long response, but TSG said it best in his recent column:

                      (That reminds me, am I the only one who thought Chicago wasted much of its cap space for two extra rebounds per game, a mild defensive upgrade and the ongoing comedy of a Buckwheat-caliber afro? Congratulations, you get to play four-on-five for the next four years in a league where every rule adjustment favors teams that can score. Why not just keep Chandler for two-thirds the price? Instead, they overpaid for Wallace and gave away Chandler for a washed-up P.J. Brown and a draft bust that New Orleans was trying to dump? I don't get it. This is like Paramount Pictures signing William H. Macy to a four-picture, $60 million deal -- sure, he's a great actor, but that doesn't mean you pay him like a superstar. They will eventually regret this one almost as much as Wallace probably regrets filming that T-Mobile commercial that made him seem whipped.)

                      Comment


                      • #12
                        Re: Pacers willing to pay $46 Million for Peja

                        Originally posted by Kegboy
                        I hope for Cro's sake Dallas doesn't turn around and ship him back out.
                        Poor Cro and his $51 million bank account. Poor, poor Cro...someone please pass me the Kleenex.

                        Comment


                        • #13
                          Re: Pacers willing to pay $46 Million for Peja

                          Originally posted by bulletproof
                          Poor Cro and his $51 million bank account. Poor, poor Cro...someone please pass me the Kleenex.
                          Harm, I didn't take you for a "NBA players make more money than the rest of us so they're not real people" kind of guy?
                          Come to the Dark Side -- There's cookies!

                          Comment


                          • #14
                            Re: Pacers willing to pay $46 Million for Peja

                            Originally posted by Kegboy
                            Harm, I didn't take you for a "NBA players make more money than the rest of us so they're not real people" kind of guy?
                            Not really. But they're not going to get a lot of sympathy from me regarding their jobs either.

                            Comment


                            • #15
                              Re: Pacers willing to pay $46 Million for Peja

                              51 million can soothe a lot of pain regardless of the circumstance your
                              job finds you.
                              {o,o}
                              |)__)
                              -"-"-

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