The Salt Lake Tribune reports that the Utah Jazz have offered forward Paul Millsap a three-year, $25 million max contract extension, showing their commitment to the near All-Star. Unfortunately, for a variety of reasons, they’re not going to be able to avoid Millsap hitting the open market, according to the report:
Initial indications are Millsap won’t agree to the extension, though, preferring to enter free agency in 2013 with plans to cash in on an inflated 2012 market that saw mid-tier forwards such as Gerald Wallace, Andrei Kirilenko, Nicolas Batum and Ryan Anderson recently receive lucrative multiyear contracts.
via Utah Jazz: Contract talks begin between Jazz, Paul Millsap | The Salt Lake Tribune.
No shocker there. On top of the ability to test where he wants to go and the value of market competition raising his price tag, the new CBA, as we’ve tried to point out time and time again, makes it a near-absurdity to ever sign an extension. By becoming a free agent, Millsap will be eligible for a four-year deal from any other team and a five-year deal from the Jazz.
Millsap signed for four-years and $32 million in 2009 which was thought to be excessive at the time and has quickly become one of the better value contracts in the league. If Millsap’s approach shifts from “I want to see what’s out there” to “I’m definitely leaving,” we could see the budget version of the trade dilemmas that have faced other small markets dealing with available stars. Millsap should have been targeted by teams over the past two years looking for a budget star. He’s a versatile center who can power inside and step out and hit the three, rebounds well and has no injury concerns. He’s the guy you want if you want a complimentary star to an alpha dog.
We’ll have to see if the talk of leaving is just talk, and if so, if Millsap can get the kind of big money from Utah he’ll want, even with that loaded frontcourt.
Everything LeBron James does and says gets magnified and scrutinized.
So when he put out this photo on Instagram standing shoulder-to-shoulder with Tristan Thompson and the caption “get it done” it seemed a message to the Cavaliers.
LeBron clarified that on Sunday, saying this has become a distraction, and the message was for both sides to bend, as reported by Dave McMenamin of ESPN and Chris Haynes of the Plain Dealer.
When Thompson didn’t sign the qualifying offer he surrendered a lot of leverage, the Cavaliers don’t have to raise their five-year, $80 million offer — but reportedly they still would, a little. Thompson and his agent Rich Paul have pushed for a max contract, but that’s not happening.
At some point, the two sides will come to an agreement. For the Cavaliers, this is a distraction, their star is unhappy with that, and ultimately if they are going to make a title run they need the energy and rebounding Thompson brings (even if it is just off the bench). For Thompson, he can’t make up a year of lost salary, he has to come in and start getting paid at some point.
The two sides will get it done. Eventually. Likely before the season tips off.
China has secured the ninth and final Olympic men’s basketball berth awarded this year.
China earned the bid to the 2016 Rio Games with a 78-67 win over the Philippines. 2016 first-round draft prospect Qi Zhou had 16 points and 14 rebounds, setting up the Olympics to be his big introduction to American fans.
Former NBA player Yi Jianlian won tournament MVP by averaging 16.7 points, 8.8 rebounds, 1.4 assists and 1.2 blocks per game.
This will be China’s ninth straight Olympic appearance.
The Philippines, who got 17 points from Andray Blatche in the final, will still go to an Olympic Qualifying Tournament next summer with a chance to reach Rio.