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duke dynamite
06-05-2008, 02:29 AM
O’Neal keeps contract amid trade buzz


http://cmsimg.indystar.com/apps/pbcsi.dll/persbilde?Avis=BG&ID=mwells&MaxW=60&MaxH=60
By Mike Wells (mike.wells@indystar.com)
Posted: June 4, 2008



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If the Indiana Pacers (http://www.indystar.com/apps/pbcs.dll/article?AID=/20080604/SPORTS04/80604056#) want to part ways with Jermaine O’Neal, they’ll have to trade him.
O’Neal’s representatives recently informed the Pacers he will not opt out of the final two years of his contract. O’Neal had until June 30 to decide whether to become an unrestricted free agent.


The Pacers weren’t surprised. President Larry Bird said in February he didn’t expect O’Neal to opt out because he would be leaving behind $44 million on the final two years of his contract.

That doesn’t guarantee O’Neal will return. The Pacers likely will look to trade him.
O’Neal again battled knee injuries and averaged 13.6 points and 6.7 rebounds in 42 games (http://www.indystar.com/apps/pbcs.dll/article?AID=/20080604/SPORTS04/80604056#) last season.

O’Neal, who has said repeatedly he doesn’t want to be part of a rebuilding project, has been working out in Las Vegas to regain strength in his left knee, which has bothered him for two-plus years.
Call Star reporter Mike Wells at (317) 444-6053.


_______________________________________________

w00t

Los Angeles
06-05-2008, 02:43 AM
*insert well worded and clever joke about how this is not a shock here*

bellisimo
06-05-2008, 03:57 AM
and the sky is blue!

Mourning
06-05-2008, 04:12 AM
Yeah, shocking... :).

d_c
06-05-2008, 04:49 AM
Time to pull up those threads from all those people trying to rationalize every which way that somehow Jermaine would find a reason to opt out and settle for $10M less per year.

Same people who think Tinsley will take a 50% buyout.

Will Galen
06-05-2008, 05:29 AM
Right, not a surprise. Some of us on here have been saying for two years JO wouldn't opt out. This was a sure thing, or rather about as sure a thing as they come.

Justin Tyme
06-05-2008, 06:19 AM
Now, the Pacers can trade JO to a contending team like he wants, and he can have his cake and eat it too.

I never expected JO to opt out, but if he didn't want to be a part of a rebuilding team, he claimed to think so much of the Simons/Pacers, then the honorable thing was to opt out for the Simons /Pacers. Sure, he would have lost some money, but it's not like he was only making 2-5mil a year. One notices JO has never refused to take his salary all these years when he's been injured and not playing. At last years salary, he was making approx $250,000 a game, and how many games did he miss? For every 4 games missed, the Simons/Pacers paid JO approx a million dollars. When it's all said and done, JO is all for JO, and for JO only. It's all about JO. I, personally, hope the Pacers trade him out west to a celler dweller. It would be so apropos.

count55
06-05-2008, 06:44 AM
Does anybody know if this is actually a binding waiver of the option, or if it's just a statement of intent? The first would mean that he's officially under contract for next year, and the Pacers could deal without the (admittedly extremely longshot) possibility that he'd change his mind before the June 30 deadline.

QuickRelease
06-05-2008, 07:46 AM
Now, the Pacers can trade JO to a contending team like he wants, and he can have his cake and eat it too.

I never expected JO to opt out, but if he didn't want to be a part of a rebuilding team, he claimed to think so much of the Simons/Pacers, then the honorable thing was to opt out for the Simons /Pacers. Sure, he would have lost some money, but it's not like he was only making 2-5mil a year. One notices JO has never refused to take his salary all these years when he's been injured and not playing. At last years salary, he was making approx $250,000 a game, and how many games did he miss? For every 4 games missed, the Simons/Pacers paid JO approx a million dollars. When it's all said and done, JO is all for JO, and for JO only. It's all about JO. I, personally, hope the Pacers trade him out west to a celler dweller. It would be so apropos.

Of course JO is out for JO. It should be that way, since he is the commodity on the table. Not to mention JO playing hurt for the sake of the team. Granted, JO has been injury prone. I won't deny that. But he has been one of the good guys on this team, salary not withstanding.

Gyron
06-05-2008, 08:38 AM
Does anybody know if this is actually a binding waiver of the option, or if it's just a statement of intent? The first would mean that he's officially under contract for next year, and the Pacers could deal without the (admittedly extremely longshot) possibility that he'd change his mind before the June 30 deadline.


You're serious? You think that there is still a chance in hell he opts out, even after he said he won't?????

count55
06-05-2008, 09:11 AM
You're serious? You think that there is still a chance in hell he opts out, even after he said he won't?????

Well, I can't tell whether this should be in green font or not, but...

I do not, have not, and probably never will believe JO will opt out. It's too much money, and he'd be a fool to walk away from it.

However, there is a difference between stating an intention and actually waiving the ETO. If he waives the ETO, that means that he's officially under contract to us, and we are free to negotiate and consummate draft day deals.

On the other hand, if he still retains the right to opt out this summer, then (a) it could prevent us from actually completing a draft day deal (or, at least, make us do it with a wink and a nod and complete it much later this summer), or (b) put him in position to screw up a deal that he didn't like by threatening the opt-out and scaring off the other team.

On the whole, I'm just wanting to know how concrete this information is.

Major Cold
06-05-2008, 09:16 AM
He is not going to opt out. If he did or didn't it probably would not be him that is traded to get another pick anyway.

Naptown_Seth
06-05-2008, 09:34 AM
Count's point is the timing aspect, not the IF part.

What I'd take from this and the CLE rumors is that IN PREPARATION for such a deal, which his agent would know about, they've gone ahead and started the process of picking up the option. Maybe you are right and they want to hold off on the rubber stamp as a means of leverage in deals, but I'd guess they are already happy about what they've heard and want to get moving forward with it.

Major Cold
06-05-2008, 09:40 AM
Oh sorry Count.

Gyron
06-05-2008, 10:21 AM
Sorry Count, I misunderstood what you were saying.

count55
06-05-2008, 10:30 AM
No biggie..it's a confusing issue, so it's hard to ask the question in such a way that's not confusing. (It's also, apparently, hard to explain that it's confusing without being confusing.)

I'm gonna stop, now.

Jonathan
06-05-2008, 10:56 AM
Jermaine is going to return to his all-star form and be worth every cent of his contract the next two years.

Rajah Brown
06-05-2008, 11:04 AM
Jon-

J.O. at the peak of his career wasn't worth $20 mil a year. As
unlikely as a return to that caliber of play is, if he somehow
manages too, he still won't be worth that kind of $$$.

Period.

Major Cold
06-05-2008, 11:25 AM
Johnathan I like you positive post, but that song was sung two years ago.

count55
06-05-2008, 11:38 AM
Jon-

J.O. at the peak of his career wasn't worth $20 mil a year. As
unlikely as a return to that caliber of play is, if he somehow
manages too, he still won't be worth that kind of $$$.

Period.


Well, to be fair, there are maybe only a handful of guys in the league worth JO's contract, and that's being generous.

I think we're past the "getting JO's contract value" stage and well into the hopefully "getting as much as we can get out of him, on the floor or in a trade" phase.

Shade
06-05-2008, 11:40 AM
I still think JO's contract will have a lot more value in a year as an expiring.

Hicks
06-05-2008, 12:08 PM
When I read it earlier it said that the Pacers "want to trade him". I see he's barely toned it down.

count55
06-05-2008, 01:05 PM
The guys on the CBA/Business related board on realgm came back with this:


Not sure if this is applicable, but from Article XII, Section 7 of the CBA:


Section 7. Option Exercise Notices.
The NBA shall provide the Players Association with copies of any Option or ETO exercise or non-exercise notice received by the NBA within two (2) business days of the NBA’s receipt of such notice from the Team.
and

If his people have officially informed the Pacers in writing that he will not exercise his ETO, it is binding on both parties. If this is the case, he can be included in draft deals.

If this was just a verbal statement of intent, then the Pacers can't move him until July. Since an ETO requires a positive act by the player if he wants to opt out, if he wishes to remain a Pacer, Jermo isn't required to do anything and his 08-09 contract year automatically goes into effect July 1.
It looks like there is a process for informing the league of the players decision regarding ETOs. I would assume that notifying the league makes it binding, but I am not 100% sure.

So, if this has been done officially and the league's been notified, JO's on the menu for draft day trades.

ABADays
06-05-2008, 01:06 PM
Did anyone notice the caption under the pic with the story? "Shrewd move". Surely to God this had to be tongue-in-cheek. It could have just as easily read "Not Stupid".

Jonathan
06-05-2008, 01:17 PM
Johnathan I like you positive post, but that song was sung two years ago.

Jermaine has not been the same since Ronnie Artest left. He needs a player that is tough can rebound and do his dirty work b/c he would rather play the perimeter than the low post. I think that is why we select Joey Dorsey w/ the forty first pick if he is on the board!

Justin Tyme
06-05-2008, 02:13 PM
Jermaine has not been the same since Ronnie Artest left. He needs a player that is tough can rebound and do his dirty work b/c he would rather play the perimeter than the low post. I think that is why we select Joey Dorsey w/ the forty first pick if he is on the board!


WHY? There is no reason to draft a player for JO when JO won't be a Pacer this coming season. Besides, doesn't Dorsey have some character issues?

Jonathan
06-05-2008, 02:36 PM
WHY? There is no reason to draft a player for JO when JO won't be a Pacer this coming season. Besides, doesn't Dorsey have some character issues?

You do not see Jermaine in a Pacer uniform for this upcoming season? I think our organization should wait to move him for something of more value than all of the rumored deals right now. Eric Snow and Wally, come on! The only way to increase his value is to draft a player like Dorsey that will rebound/defend (low post) and increase JO7's stock for the deadline. A team will get desperate out West and offer two late first rounders for him if we play our cards right. The whole thing about Dorsey is this Yes he has issues, but winning cures all. Dorsey will not have a guarnteed contract if/when we draft him in the second round. The guy will hustle, rebound, play defense and provide some toughness to our organization. He will also aide in moving Jermaine for what he is worth.

Taterhead
06-06-2008, 02:13 PM
Jermaine has not been the same since Ronnie Artest left. He needs a player that is tough can rebound and do his dirty work b/c he would rather play the perimeter than the low post. I think that is why we select Joey Dorsey w/ the forty first pick if he is on the board!

I would love to land Dorsey with #41, and it's definately possible. I think that guy could be a Ben Wallace type player. I would also be willing to trade up to the top of the second or even bottom first to get him. We need some dirty work types, and he fits that bill. Especially if we deal Foster, which is likely.

Slick Pinkham
06-06-2008, 02:35 PM
I hereby announce and publicly proclaim that if anyone chooses to give me 44 million dollars, I will choose to accept it.

d_c
06-06-2008, 07:31 PM
Besides, doesn't Dorsey have some character issues?

As far as being an NBA player, Dorsey's real issues are that he's a 6'6.25" post player and a rookie who turns 25 by the next all-star break. Being a guy who commits a high number of dumb fouls doesn't help either.

madison
06-06-2008, 08:40 PM
JO will be a Pacer when the season opens. He may not be a Pacer in mid-January, but he will be a Pacer in October. He needs to prove his knee is OK before anyone is going to invest $44M in him.

Justin Tyme
06-06-2008, 09:23 PM
You do not see Jermaine in a Pacer uniform for this upcoming season? I think our organization should wait to move him for something of more value than all of the rumored deals right now. Eric Snow and Wally, come on! The only way to increase his value is to draft a player like Dorsey that will rebound/defend (low post) and increase JO7's stock for the deadline. A team will get desperate out West and offer two late first rounders for him if we play our cards right. The whole thing about Dorsey is this Yes he has issues, but winning cures all. Dorsey will not have a guarnteed contract if/when we draft him in the second round. The guy will hustle, rebound, play defense and provide some toughness to our organization. He will also aide in moving Jermaine for what he is worth.


No, I don't see JO as a Pacer next season. I believe JO and the Pacers both feel it's tyme for JO to move on down the road. I don't believe Bird is in a fire sale mode either, so the Wally & Snow deal is not viable.

As for Dorsey at 24 years old with character issues, it just isn't what the Pacers need. There are better players to draft than him as a big who can help the Pacers.

Justin Tyme
06-06-2008, 09:26 PM
JO will be a Pacer when the season opens. He may not be a Pacer in mid-January, but he will be a Pacer in October. He needs to prove his knee is OK before anyone is going to invest $44M in him.


If JO is still a Pacer when the season starts, it's only b/c Bird hasn't found the deal he wants.

Jonathan
06-06-2008, 11:28 PM
If JO is still a Pacer when the season starts, it's only b/c Bird hasn't found the deal he wants.

I believe the best deal will come upon the trade deadline. If JO7 is healthy (big if) they will be able to get his worth but taking these rumored deals is just stupid. I would love for the Pacers to trade either IKE or Jeff Foster for a late rounder and get what we do not at #11 & give them time to develop. That is the best case for our organization!

Jonathan
06-06-2008, 11:30 PM
No, I don't see JO as a Pacer next season. I believe JO and the Pacers both feel it's tyme for JO to move on down the road. I don't believe Bird is in a fire sale mode either, so the Wally & Snow deal is not viable.

As for Dorsey at 24 years old with character issues, it just isn't what the Pacers need. There are better players to draft than him as a big who can help the Pacers.

He will not have a guranteed contract so I am fine with the pick at #41. He will provide some toughness and not demand the ball. I just want what is the best for our organization.