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Thread: Phoenix will match Atlanta's offer to JJ

  1. #1
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    Default Phoenix will match Atlanta's offer to JJ

    http://sports.espn.go.com/nba/news/story?id=2104688

    Phoenix intends to match Atlanta's 5 years, $70 million

    By Marc Stein
    ESPN.com



    LAS VEGAS -- Joe Johnson's camp was informed Saturday that the Phoenix Suns intend to match Atlanta's expected five-year, $70 million offer to the restricted free agent, according to NBA front-office sources.

    Word began spreading Friday at the Vegas Summer League that the Hawks have given Johnson a firm commitment that they'll sign him to a maximum offer sheet on July 22, which the league office has scheduled to be the first day free agents can sign contracts.

    The Hawks' offer, sources said, is likely to be front-loaded with a payment as high as $20 million in the first year of the deal. Rules on such payments and other specifics of the deal are also on hold until July 22, when the league announces the salary-cap number for next season.

    The rules on contract lengths, however, have already been finalized, and the Hawks are prevented from signing Johnson to a contract longer than five years. A maximum offer from the Suns would span six years at an estimated $90 million, matching the terms Michael Redd received from Milwaukee earlier this week, but sources say Phoenix has offered Johnson closer to $60 million over six seasons.

    The Suns have maintained all season that they will match any offer Johnson gets, rating the versatile swingman as no less critical to the team's success than its three All-Stars: Amare Stoudemire, Steve Nash and Shawn Marion. Matching a five-year offer, though, is undoubtedly more palatable than paying Johnson in the Redd range for six.

    Various league executives have privately questioned whether the Suns would indeed match a max offer sheet to Johnson, given owner Robert Sarver's stated aversion to letting his annual payroll stray far beyond $50 million. With Johnson earning an average annual wage of $12 million and Stoudemire soon to receive a maximum contract extension that would kick in starting with the 2006-07 season, Phoenix would be in the rare position of carrying four players who earn roughly $50 million by themselves.

    Arn Tellem, Johnson's agent, met with Phoenix president Bryan Colangelo and team chairman Jerry Colangelo during the Suns' summer-league game here Saturday against the Los Angeles Clippers. All parties declined to comment.

    The Hawks, sources said, are still expected to go ahead with signing Johnson to an offer sheet, hoping that the value of the contract, potential incentive clauses and the up-front payment will prompt Phoenix to change its mind.

    The Hawks will also take encouragement from the new collective bargaining agreement, which lessens the risk of signing restricted free agents. Starting this offseason, teams will be given only seven days to match an offer to a restricted free agent, compared to the previous window of 15 days. Teams have been hesitant in the past to sign restricted free agents to offer sheets and then have their free-agent funds potentially tied up for 15 days.

    After a breakthrough 62-win season, followed by a trip to the Western Conference finals, Phoenix went into the offseason hoping to re-sign Johnson, sign Stoudemire to the extension and add toughness. The Suns addressed the latter aim by trading swingman Quentin Richardson to the New York Knicks for power forward Kurt Thomas and then reaching a verbal agreement on the first day of the free-agent season with Utah Jazz guard Raja Bell.

    The Suns are forbidden from publicly discussing the Bell deal until he officially signs July 22, but team sources have said repeatedly that Bell was targeted to back up Johnson -- not as an insurance policy in case Johnson is let go.

  2. #2
    Rebound King Kstat's Avatar
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    Default Re: Phoenix will match Atlanta's offer to JJ

    That's the captain obvious move of the summer.

    It wasn't about being the team everyone loved, it was about beating the teams everyone else loved.

    Division Champions 1955, 1956, 1988, 1989, 1990, 2002, 2003, 2005, 2006, 2007, 2008
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  3. #3
    Gamble
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    Default Re: Phoenix will match Atlanta's offer to JJ

    Its still over paying him.

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    Rebound King Kstat's Avatar
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    Default Re: Phoenix will match Atlanta's offer to JJ

    eh, compared to Bobby Simmons, that's a bargain.

    Joe Johnson is a pretty damn good player. They also NEED him, badly. To them, he's worth $70 million, easy.

    It wasn't about being the team everyone loved, it was about beating the teams everyone else loved.

    Division Champions 1955, 1956, 1988, 1989, 1990, 2002, 2003, 2005, 2006, 2007, 2008
    Conference Champions 1955, 1956, 1988, 2005
    NBA Champions 1989, 1990, 2004

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    flexible and robust SoupIsGood's Avatar
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    Default Re: Phoenix will match Atlanta's offer to JJ

    I thought the Captain Obvious move of the summer was Horry returning to the Spurs.
    You, Never? Did the Kenosha Kid?

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    Rebound King Kstat's Avatar
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    Default Re: Phoenix will match Atlanta's offer to JJ

    no, because there was at least a sliver of hope horry might sign with Miami.

    It wasn't about being the team everyone loved, it was about beating the teams everyone else loved.

    Division Champions 1955, 1956, 1988, 1989, 1990, 2002, 2003, 2005, 2006, 2007, 2008
    Conference Champions 1955, 1956, 1988, 2005
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  7. #7
    foretaz
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    Default Re: Phoenix will match Atlanta's offer to JJ

    i think i mentioned before, but trading q rich pretty much left the suns with no other choice....

    any possibility of getting him for less pretty much went out the door when they made the trade with the knicks....the suns simply cant afford to call any bluff and more importantly it strongly behooved jj to go out and get an offer as i believe he wants to stay in phoenix and knows they will have to match....so he along with his agent did the smart thing....find a suitor....

    as mentioned before....for a team that won executive of the year award, they sure make a lot of questionable business decisions....who knows how many of millions of dollars the q rich trade might have cost them with johnson...and while it seems obvious k. thomas will help them quite a bit....and the timing may have been unavoidable, but at the same time u cant help but wonder if there might have been another way...

    doesnt matter now...if they do match the offer....they cant beotch much about how much it cost....they really are as much to blame as anyone...

  8. #8
    Artificial Intelligence wintermute's Avatar
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    Default Re: Phoenix will match Atlanta's offer to JJ

    phoenix really looks like they're going to be up the financial creek. it's a good thing they won quite a number of games last season, and had a pretty deep playoff run as well, else it would be impossible to justify their upcoming payroll.

    consider:
    marion ~ $14M
    nash ~ $10M
    johnson ~ $12M (?)
    amare's extension next year ~ $13-14M

    stoudemire's money can't be questioned, nor nash's i suppose, not after his mvp season. the sore thumb is marion, his contract is obviously lousy. i'd say phoenix would be more inclined to pay joe johnson his $12M-$14M salary if they can ditch marion somehow.

  9. #9
    foretaz
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    Default Re: Phoenix will match Atlanta's offer to JJ

    theyre gonna have to try and trade marion for 2 or 3 players solid players....

  10. #10
    Pacer Junky Will Galen's Avatar
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    Default Re: Phoenix will match Atlanta's offer to JJ

    Quote Originally Posted by wintermute
    This quote is hidden because you are ignoring this member. Show Quote
    phoenix really looks like they're going to be up the financial creek. it's a good thing they won quite a number of games last season, and had a pretty deep playoff run as well, else it would be impossible to justify their upcoming payroll.

    consider:
    marion ~ $14M
    nash ~ $10M
    johnson ~ $12M (?)
    amare's extension next year ~ $13-14M

    stoudemire's money can't be questioned, nor nash's i suppose, not after his mvp season. the sore thumb is marion, his contract is obviously lousy. i'd say phoenix would be more inclined to pay joe johnson his $12M-$14M salary if they can ditch marion somehow.

    They have to add add Kurt Tomas's $7 million to that too.

  11. #11
    Member Moses's Avatar
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    Default Re: Phoenix will match Atlanta's offer to JJ

    I really don't know what they can do.

    The guys they are signing aren't really questionable..Only their contracts..But what are you going to do after you have one of your most sucessful seasons in over a decade and you are drawing lots of attention for your players style. They really don't have a choice but to match Johnsons salary. They traded away their worst starter in Q which says alot about how good their team is.

  12. #12

    Default Re: Phoenix will match Atlanta's offer to JJ

    I saw JJ and immediately thought James Jones. Never mind that our JJ does not play for Phoenix and has not been signed by Atlanta.

    Please refer to Joe Johnson as JoJo in the future. kthanks.

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