Kevin Love could not get a five-year max extension off his rookie deal from Minnesota, so instead he has gone more the LeBron James deal route.
Love will sign a four-year extension with the Timberwolves at the max they can give, around $62-$64 million, but one that gives him an opt-out after three years (first reported by Chris Broussard of ESPN). The deal will be signed later Wednesday afternoon.
Love confirmed the deal with this tweet:
To #twolves fans: I’ll be in Minnesota for 4 more years! Excited to see you when I get back to Minneapolis.
This way he still gets paid next season but keeps some leverage over the organization to keep improving. After three seasons he can walk away as an unrestricted free agent (or force a new deal with Minnesota at that time).
Minnesota keeps its biggest star and the face of the franchise, however it also keeps its “designated player” card — a team can only have one player at a time signed to a max five-year deal like Love wanted. Now, they can keep that to use on Ricky Rubio (or maybe another player in a few years).
Love was frustrated that he could not get the max offer from the Timberwolves. If the team keeps improving that will be forgotten in three years when he can opt out. But by not locking him up for five years and a max deal — something he deserved for his play on the court and how he helped change the perception of the Wolves — Minnesota runs a risk. They created some bad blood hear that could bubble up again in three years.
This kind of shorter deal after the initial rookie deal is what LeBron James did, eventually leaving Cleveland when he didn’t like the direction of the organization.
Love is an All-Star averaging 24.9 points and 13.9 rebounds this season.
Anderson Varejao was spending the past couple days helping his nation prepare to host the 2016 Olympics in less than two weeks, including carrying the Olympic flame.
But now he is on his way back to the United States to have his chronically bad back examined. Again. From Diamond Leung of the Bay Area News Group.
The Warriors re-signed Varejao on a one-year, veteran minimum contract where he will make $980,431. He is expected to back up Zaza Pachulia at the five spot, although his run would have been limited (which is good, he’s not terribly effective anymore).
A variety of injuries — back, Achilles, wrist — have meant the most games Varejao has played in a season since the 2010-11 season is 65. Last season that number was 53, the final 22 of it with the Warriors.
If Varejao can’t go or is limited, the Warriors may look around at other options. But the pickings are slim at this point.
Hopefully, this does not develop into something chronic.
After a promising rookie season and an impressive Summer League in Orlando where he averaged 18.8 points per game, Thunder second year player Cameron Payne had surgery to repair a Jones fracture in his right foot, the team announced Monday. Here it is from the Thunder’s press release.
Oklahoma City Thunder guard Cameron Payne underwent a successful procedure today to repair a fractured fifth metatarsal in his right foot, it was announced today by Executive Vice President and General Manager Sam Presti.
The team is optimistic he will be ready to go by the start of the season (there is usually a 6-8 week timetable), but Payne and the Thunder need to be patient here. The fifth metatarsal is the bone that runs from the base of the little toe up to the ankle on the foot. While surgery can repair it, healing can be slow because that is not an area of the foot with great natural blood flow. The Thunder were down this road before with Kevin Durant, he came back eight weeks after the surgery but ended up needing a couple more to get everything fixed and missed 55 games because of it.
Payne played well as a rookie and is expected to see a healthy bump in playing time next season as a scoring guard off the bench behind Russell Westbrook. He just needs to get right first.
Coaches who win rings often get a pay bump. Guys who break a 52-year championship drought deserve one.
That includes guys who only coached half a season — especially ones working on the same contract they had before taking the big job.
Tyronn Lue and the Cavaliers just agreed to a healthy contract extension, reports Adrian Wojnarowski of The Vertical at Yahoo Sports.
That seems fair.
What Lue got that his predecessor David Blatt never could was real buy-in from LeBron James and the rest of the Cavaliers. Blatt came off as wanting to be the smartest guy in the room at all times — and don’t you dare discount his experiences coaching in Europe — while Lue was more humble and more direct. He didn’t get to put in everything he wanted, and the team didn’t play faster for him (statistically) as he wanted, but there was better chemistry.
This isn’t rocket science for Cleveland — if you have a coach that your franchise player backs, and said coach has proven he can win, you keep him.
Since the day after Kevin Durant said he was going to sign with Golden State — which came as a shock to a lot of people with the Thunder organization — there has been a sense from the Thunder and people close to it that they thought they could keep Russell Westbrook. That ultimately, he would prefer to stay. Few around the league were buying that, but OKC believed it.
Maybe it’s optimism. Maybe it’s reality. But the question isn’t about the 2016 season that starts in October; it’s the 2017 season. Does Westbrook want to stay with the Thunder long term and sign an extension to prove it? Or when he’s a free agent next summer does he want to at least listen to his other options? Because if it is the second option, even if Westbrook says he likely stays, well, the Thunder just went down that road and got burned. They have no choice but to move him. And he knows it. He just didn’t expect to have to make this decision now.
Westbrook doesn’t like the idea of being traded, reports Royce Young at ESPN.
According to sources with knowledge of the situation, he doesn’t want to be traded. He wants to play next season with the Thunder. It’s the year after that which is in question. There’s a growing belief Westbrook will think heavily about an extension but will first weigh every angle before doing it.
That extension would put $9 million more in Westbrook’s pocket next season (because the Thunder are under the cap) and he would get raises off of that for three more seasons. It’s a good deal, what he would ultimately lose is one more guaranteed year on the end of his contract if he left the Thunder, two if he stayed.
The real question is: Does he want to be wooed as a free agent next summer?
If the answer is yes, the Thunder have no choice but to trade him — and other teams will have lowball offers unless he guarantees to re-sign where he is traded (no team is giving up many quality future assets to rent Westbrook).
If the answer is no, he should go the James Harden route and sign an extension.
Either way, the answer is coming this summer.