PBT's Free Agent Roundup, Day 1: When average players get wildly overpaid

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Recession? What recession?

After pleading poverty for a year — remember David Stern said the teams would lose $400 million this season — teams went on a spending spree like Paris Hilton with a black American Express card. It was obscene. This will come back to haunt the owners during the Collective Bargaining Agreement negotiations.

It was a day of average players getting oversized contracts. Let’s wrap up the entire day of news:

* Rudy Gay — a good small forward with unlimited potential and very limited focus and drive — was given a near max deal, five years and $82 million. Gay is a good player, scoring almost 20 points a game but not all that efficiently (he had a slightly above average PER of 16 last season). But the Grizzlies were afraid of losing him as Minnesota was interested — and they’ve been passing out stupid big contracts for years. New Jersey had him pegged as Plan B. So the Grizzlies bid against themselves and gave him the max deal. He took it. Obviously. We’ll see how this motivates him next season.

* Darko Milicic agreed to a four-year, $20 million deal with Minnesota. Yes, that Darko Milicic. He had three nice months at the end of the season for the T-wolves; he’s the kind of big that is a solid fit in the triangle offense. But that in no way negates the last few years or warrants a $20 million deal. Amazingly, this wasn’t even the strangest big man contract of the day …

* Amir Johnson was given a five-year, $34 million deal by the Toronto Raptors. The fact you just asked yourself “Who is Amir Johnson?” says all you need to know about the contracts given out today. He’s a solid backup big who just got a $34 million deal.

* Just to round out this theme, backup center Channing Frye was given a five-year, $30 million deal by Phoenix, which he accepted. The guy can hit 3-pointers and is a nice fit in the Suns system, but does that mean he worthy of a $30 million deal? Well, yes, today it does.

* LeBron James listened to pitches from the Nets and Knicks. Both teams had fancy power-point presentations. Jay-Z was there. So were a bank of cameras, complete with live remotes from ESPN — of the outside of a building where the meetings were being held. Friday will be more of the same with the Clippers and Heat visiting. But the process is not out of control. No sir. (Will the Clippers even have a power point, or is it a legal pad and a Sharpie?)

* Dwyane Wade had meetings with the Nets and Bulls, but we all know he’s going to stay in Miami and is still trying to recruit help there.

* Chris Bosh sat down with Miami’s Pat Riley, as well as representatives from the Nets. More meetings including Chicago are to come. But the dark horse in all of this is Houston — Bosh met with Daryl Morey, who gave him a personal iPad that had video testimonials from Yao Ming and others. If Bosh is serious about winning, Houston has to be considered (and they have plenty to offer in a sign and trade, maybe the best of Toronto’s options).

* Amare Stoudemire met with Pat Riley and the Heat for a couple hours and now has meetings scheduled with the Knicks, Bulls and Raptors.

* Joe Johnson reportedly has agreed to a max-deal offer of six years, $119 million from the Hawks. Another guy getting overpaid — a good player getting superstar money, and they will regret the last few years of that deal.

Boston’s Marcus Smart gets flopping warning from NBA

BOSTON, MA - OCTOBER 17:  Marcus Smart #36 of the Boston Celtics looks on during the second quarter of the preseason game against the Brooklyn Nets at TD Garden on October 17, 2016 in Boston, Massachusetts. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Maddie Meyer/Getty Images)
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Boston’s Marcus Smart is one of the league’s more notorious floppers.

He was at it again Monday night against the Houston Rockets — and the league called him on it and gave him a warning.

It happened on the game’s final play — you were probably focused elsewhere, wondering how Al Horford could miss the game-winning layup. But watch Smart as he gets in position for the rebound on that shot.

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The referees didn’t buy it then.

This warning is barely a slap on the wrist. If — in his case, when — Smart gets caught a second time this season he will get a $5,000 fine from the league. Smart is making $3.6 million this season.

Happy birthday Larry Bird. We celebrate with some highlights.

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Larry Bird — the Celtics legend, three-time NBA champion, three-time MVP, 10-time All-NBA — turns 60 on Wednesday.

We celebrate by looking back at his 60-point game March 12, 1985, against the Hawks (video above, and yes that game was played in New Orleans).

Want more Larry the Legend highlights? We got you covered.

Hawks’ Mike Scott sent to D-League on rehab assignment

ATLANTA, GA - SEPTEMBER 26:  Mike Scott #32 of the Atlanta Hawks poses during media day on September 26, 2016 in Atlanta, Georgia.  (Photo by Kevin C. Cox/Getty Images)
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ATLANTA (AP) — Atlanta Hawks forward Mike Scott is expected to play at least two games in the NBA Development League as he comes back from a knee injury that kept him out of training camp and the first 18 games of the season.

Scott played 15 minutes for the Delaware 87ers in Tuesday night’s loss to the Santa Cruz Warriors. He scored four points on 2-of-7 shooting, missing all four of his attempts from 3-point range.

Hawks coach Mike Budenholzer says the D-League is the best way for Scott to get “meaningful, competitive minutes” after undergoing a non-surgical procedure on his left knee.

Scott has played three games for Atlanta since his return. In 28 minutes, he has two points on 1-of-9 attempts, to go along with eight rebounds and six assists.

Watch Kyle O’Quinn throw alley-oop to Carmelo Anthony

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Carmelo Anthony isn’t young anymore, but he had the bounce to go get this one.

These were your two best players for the Knicks in their win over Miami Tuesday. Kyle O'Quinn was forced into action earlier than expected when Joakim Noah went on a fouling spree in the third quarter, but O’Quinn played well in the role. ‘Melo dropped 35 on 27 shots — he’s not as efficient as he once was, but he can still get some buckets.

The Knicks picked up a needed win, because they play a back-to-back Wednesday against the Cleveland Cavaliers and a ticked-off LeBron James (New York will pay the price for Phil Jackson’s “posse” comments with a motivated LeBron Wednesday).