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Thread: Knicks sign Jeffries to offer sheet, full MLE

  1. #1

    Default Knicks sign Jeffries to offer sheet, full MLE

    http://www.washingtonpost.com/wp-dyn...072801323.html

    By Ivan Carter
    Washington Post Staff Writer
    Friday, July 28, 2006; 6:06 PM

    The New York Knicks signed restricted free agent guard/forward Jared Jeffries to an offer sheet this afternoon, according to NBA sources.

    The Washington Wizards will have seven days to decide whether to match the offer. Team owner Abe Pollin, president of basketball operations Ernie Grunfeld and coach Eddie Jordan have all indicated a desire to retain Jeffries.

    Terms of the offer sheet were not available. Jeffries has long been coveted by Isiah Thomas, New York president of basketball operations and head coach. Like Jeffries, Thomas starred at Indiana University.

    The Wizards have 13 players under contract after the recent signing of free agent forward Darius Songaila to a five-year, $21 million contract, and have room under the NBA's luxury tax threshold to match the offer to Jeffries, according to sources.

    Pollin has indicated that he is willing to spend up to, but not over, the luxury tax threshold $65.4 million. Teams with payrolls over the threshold pay a dollar-for-dollar penalty to the league on the amount of payroll that exceeds $65.4 million.

    The most likely scenario, according to sources, is that the Wizards will use the full seven days before matching the offer sheet to retain Jeffries.

    Jeffries was drafted by the Wizards with the 11th overall pick in 2002 and has posted averages of 6.1 points and 4.8 rebounds in four seasons while carving out a role as perhaps the team's best all-around defender.
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  2. #2
    Jay Ohh
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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    Just what they need. Having him and his ****ty 6 points and 4 rebounds will get the Knicks into the playoffs for sure.

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    Default Re: Knicks sign Jeffries to offer sheet, full MLE



    Good thing for the Knicks, the Kings signed John Salmons. Otherwise I would be ALL OVER them for this deal.

    Put Jeffries on the Pistons, Spurs or Cavs, and he's a real difference-maker.

    On the Knicks, he's just another guy that will give them 8 and 4 on %35 shooting.

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

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    White and Nerdy Anthem's Avatar
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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    Quote Originally Posted by pacerthomas
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    The most likely scenario, according to sources, is that the Wizards will use the full seven days before matching the offer sheet to retain Jeffries.
    Why wait? Why not go ahead and match? I've never understood that. Unless you just want to mess with the team trying to sign your free agent.
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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    Wait...you mean the wizards are actually going to MATCH this deal?

    THis gets better and better....hilarious.

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

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  6. #6
    redwillow
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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    I like Jeffries. I think it's taken him some time to adjust to the NBA but he can be a solid contributer. Too bad for him he's on his way to NY. I thought Isaah was cool when he was here because he wore those crazy Dick Tracey villian suits. Now he's gone Bonkers. Mabey he secretly hates the Knicks.

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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    Quote Originally Posted by Kstat
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    Wait...you mean the wizards are actually going to MATCH this deal?

    THis gets better and better....hilarious.
    he's worth the MLE to the wiz. he's their only wing willing to play D.

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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    This will be matched. Why they will wait for 7 days I don't know, but he will be resigned. And KStat why is this so hilarious?
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  9. #9

    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    I know exactly why the Knicks tried to sign him. He'd be the only guy over 6'6" that was worth a crap.

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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    Quote Originally Posted by Robertmto
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    This will be matched. Why they will wait for 7 days I don't know, but he will be resigned. And KStat why is this so hilarious?
    Because he's worth about half of his contract.

    I feel sorry for whatever team has to keep him on an MLE type deal.....

    Washington can't be as dumb as NY, can they?

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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    JJ is an important part of our team. Resigning him is not stupid in any way.
    But letting go of Darko however...

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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    None of this answers my original question.

    Why wait?
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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    I doubt this would happen, but maybe Grunfeld and Pollin are thinking about a S&T??

    I really hope not, theres only a few ppl I would want from the Knicks and I doubt they woud give them up.

    Those few are Frye, Robinson, and Lee.
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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    According to the NY Post the Knicks offered him a 5 year 30 mill deal and the last offer made by the Wiz was 6 years and 33 mill.

    http://www.nytimes.com/2006/07/29/sp...in&oref=slogin
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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    I thought you couldnt offer more than a 5-year contract anymore?

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

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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    Quote Originally Posted by Kstat
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    I thought you couldnt offer more than a 5-year contract anymore?
    Maybe since he's restricted it kinda IS only a 5 year deal??

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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    then it isn't a 6-year deal, it's a 5-year extension.

    They offered the same contract.

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

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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    It is believed the Knicks gave Jeffries the maximum terms allowed using the midlevel salary-cap exception — about $30 million over five years. His starting salary would be $5.215 million.

    The Wizards seem likely to match the offer. All of the Wizards’ key officials — the owner, Abe Pollin; the president, Ernie Grunfeld; and Coach Eddie Jordan — have said they want to keep Jeffries.

    The Wizards’ last offer was believed to be worth about $33 million over six years, so matching the Knicks’ offer would not seem unreasonable. Most importantly, the Wizards can accommodate the contract without exceeding the luxury-tax threshold.
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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    lmao 30 million for Jeffries

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    Rebound King Kstat's Avatar
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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    THey're already on the hook for 1 year for $3 million extended on to his rookie deal. That can't be re-negotiated.

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

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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    which is why I said its basically a 5 year deal
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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    Quote Originally Posted by Jay Ohh
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    Just what they need. Having him and his ****ty 6 points and 4 rebounds will get the Knicks into the playoffs for sure.


    So you don't even consider defense as an asset.

    Jeffries is an excellent defender and role player something the Knicks really need

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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    I'm with kstat - that's just about 2X what he's worth.

    Which based on what Zeke's been doing the past 3 years - and especially compared with what we did with our MLE last summer - makes him a bargain. At least for the Knicks.

    I'm also with UB on the value of a good role player who will just defend and rebound. And if we still had KT and Jerome Williams on the team it might even help us. Unfortunately one player who's willing to defend playing with 4 lazy bums doesn't help you at all. A team can still be good defensively if 3 of the 5 guys on the floor are good - they can cover with team defense for the 2 subpar guys. We don't have that.

    Of course with Isiah coaching I don't think we'll hear the term "defense" used until at least December, probably January, anyway.
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  24. #24

    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    I thought teams could sign their own players for 6 years. But if a player left to sign with another team they could only give the 5 year deal. That way teams could keep there good players.

  25. #25
    Expect Delays blanket's Avatar
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    Default Re: Knicks sign Jeffries to offer sheet, full MLE

    Quote Originally Posted by Anthem
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    None of this answers my original question.

    Why wait?
    I think you wait the full 7 days just to screw another team in your conference, because now the Knicks can't make any other moves with their MLE until the Wiz tell them if they're going to match or not. It's just gamesmanship.
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