http://www.indystar.com/apps/pbcs.dl...507260403/1088
Pacers may not have money to re-sign Davis
Veteran's agent says other teams have more to offer Indiana's popular frontcourt player.
Earning his keep: After coming back to the Indiana Pacers, Dale Davis played a pivotal role late last season as they made the second round of the Eastern Conference playoffs. -- Steve Healey / The Star
By Mike Wells
mike.wells@indystar.com
The Indiana Pacers' deal with Sarunas Jasikevicius might end their chance of re-signing free agent Dale Davis.
Jasikevicius, a 29-year-old guard who has been one of Europe's best players in recent seasons, agreed to a three-year, $12 million deal Sunday night.
The Pacers are interested in re-signing Davis, a 6-11 forward-center, but realize they may not be able to afford him. They have two salary exceptions -- a $5 million midlevel exception, part of which will go to Jasikevicius, and a $1.6 million exception, which might not be enough to retain Davis.
"If the money's not there, Dale will be playing somewhere else next season," Davis' agent, Chubby Wells, said Monday. "It's a business and we understand that. There won't be any hard feelings. We've talked to some good teams that are interested in Dale and have more money to offer."
Cleveland, coached by former Pacers assistant coach Mike Brown, Seattle, Philadelphia and Dallas have expressed interest.
Davis, 36, was a key performer in the Pacers' playoff run last season. But his potential loss could be felt more in the locker room than on the court because of the progress of David Harrison, who impressed the Pacers during summer league play. Harrison missed part of his rookie season with a knee injury.
Other than Ron Artest, Harrison was the best Pacers player in Minneapolis. Harrison averaged 14.8 points, including scoring 16 in just 14 minutes against Milwaukee's Andrew Bogut, the top pick in last month's NBA draft.
-----
Just as I thought. Dale's always been about the money. I thought/think he might take less to play for the Pacers, but not if it's over a million in the life of the contract.
The pacers can offer DD their 1.6-1.7 million exception, but it's limited to two years. Or they can offer the rest of their MLE.
With raises of 8.5% Sarunas should make,
$3,660,000
$4,000,000
$4,340,000
----------
$12,000,000
That means if the MLE was $5.1 million, the most the Pacers could offer DD as a starting salary is $1,440,000. As has been mentioned they could pay him more guaranteed years. Then like Reggie he would be collecting a salary while retired. Personally I think I would like that better.
Dale's 36 years old so I doubt if he is offered more than a two year contract. And the most I think he will command is half MLE. That would be $2,550,000.
With an 8 1/2% raise the second year ($2,766,750) thats a total of, $5,316,750.
If the Pacers offer him $1,440,000 for three years, with 10 1/2% raises it would look like this:
$1,440,000
$1,591,200
$1,742,400
----------
$4,773,600
That's still a difference of $543,150. So will Dale take the money or the environment?
I don't know if the Pacers could offer Dale a 4th year. I think they can, however when players get up in age there are all kinds of rules regarding their contracts.
There's also another exception they can sign him to, called the non-bird exception. However since we don't know if it will be the same in the new contract, and we don't know which of Dale's salarys would count, what the Pacers paid him, or what he was paid by other teams.
NON-BIRD EXCEPTION -- Players who qualify for this exception are called "Non-Qualifying Veteran Free Agents" in the CBA. They are defined as veteran free agents who are neither Qualifying Veteran Free Agents nor Early Qualifying Veteran Free Agents. This exception allows a team to re-sign its own free agent to a salary starting at 120% of the player's salary in the previous season or 120% of the minimum salary, whichever is greater, even if they are over the cap. Raises are limited to 10% and contracts are limited to six years when this exception is used. http://members.cox.net/lmcoon/salarycap.htm
Pacers may not have money to re-sign Davis
Veteran's agent says other teams have more to offer Indiana's popular frontcourt player.
Earning his keep: After coming back to the Indiana Pacers, Dale Davis played a pivotal role late last season as they made the second round of the Eastern Conference playoffs. -- Steve Healey / The Star
By Mike Wells
mike.wells@indystar.com
The Indiana Pacers' deal with Sarunas Jasikevicius might end their chance of re-signing free agent Dale Davis.
Jasikevicius, a 29-year-old guard who has been one of Europe's best players in recent seasons, agreed to a three-year, $12 million deal Sunday night.
The Pacers are interested in re-signing Davis, a 6-11 forward-center, but realize they may not be able to afford him. They have two salary exceptions -- a $5 million midlevel exception, part of which will go to Jasikevicius, and a $1.6 million exception, which might not be enough to retain Davis.
"If the money's not there, Dale will be playing somewhere else next season," Davis' agent, Chubby Wells, said Monday. "It's a business and we understand that. There won't be any hard feelings. We've talked to some good teams that are interested in Dale and have more money to offer."
Cleveland, coached by former Pacers assistant coach Mike Brown, Seattle, Philadelphia and Dallas have expressed interest.
Davis, 36, was a key performer in the Pacers' playoff run last season. But his potential loss could be felt more in the locker room than on the court because of the progress of David Harrison, who impressed the Pacers during summer league play. Harrison missed part of his rookie season with a knee injury.
Other than Ron Artest, Harrison was the best Pacers player in Minneapolis. Harrison averaged 14.8 points, including scoring 16 in just 14 minutes against Milwaukee's Andrew Bogut, the top pick in last month's NBA draft.
-----
Just as I thought. Dale's always been about the money. I thought/think he might take less to play for the Pacers, but not if it's over a million in the life of the contract.
The pacers can offer DD their 1.6-1.7 million exception, but it's limited to two years. Or they can offer the rest of their MLE.
With raises of 8.5% Sarunas should make,
$3,660,000
$4,000,000
$4,340,000
----------
$12,000,000
That means if the MLE was $5.1 million, the most the Pacers could offer DD as a starting salary is $1,440,000. As has been mentioned they could pay him more guaranteed years. Then like Reggie he would be collecting a salary while retired. Personally I think I would like that better.
Dale's 36 years old so I doubt if he is offered more than a two year contract. And the most I think he will command is half MLE. That would be $2,550,000.
With an 8 1/2% raise the second year ($2,766,750) thats a total of, $5,316,750.
If the Pacers offer him $1,440,000 for three years, with 10 1/2% raises it would look like this:
$1,440,000
$1,591,200
$1,742,400
----------
$4,773,600
That's still a difference of $543,150. So will Dale take the money or the environment?
I don't know if the Pacers could offer Dale a 4th year. I think they can, however when players get up in age there are all kinds of rules regarding their contracts.
There's also another exception they can sign him to, called the non-bird exception. However since we don't know if it will be the same in the new contract, and we don't know which of Dale's salarys would count, what the Pacers paid him, or what he was paid by other teams.
NON-BIRD EXCEPTION -- Players who qualify for this exception are called "Non-Qualifying Veteran Free Agents" in the CBA. They are defined as veteran free agents who are neither Qualifying Veteran Free Agents nor Early Qualifying Veteran Free Agents. This exception allows a team to re-sign its own free agent to a salary starting at 120% of the player's salary in the previous season or 120% of the minimum salary, whichever is greater, even if they are over the cap. Raises are limited to 10% and contracts are limited to six years when this exception is used. http://members.cox.net/lmcoon/salarycap.htm
Comment