Oklahoma City Thunder v Phoenix Suns

Report: Lakers considered making a bid for restricted free agent Eric Bledsoe

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Eric Bledsoe remains the most attractive free agent still available, but the combination of his restricted status with the Suns and his desire to secure a max contract have scared teams away from coming at him hard with a realistic offer sheet.

Phoenix has said repeatedly that the team will match any offer that Bledsoe receives, and that threat seems strong enough that no one else has yet been willing to try. Any team that did sign Bledsoe to an offer sheet would have that salary count against the cap for a three-day period that the Suns would have to match, and in the early days of free agency when things were happening so fast, it’s a risk no one was willing to take.

[MORE: Top 7 free agents still available]

But there were teams that considered it, and the Lakers were reportedly among the most prominent.

From Gary Washburn of the Boston Globe:

Before the Lakers decided to make an amnesty claim for Carlos Boozer, occupying more than $3.2 million on their salary cap to ensure more space next summer, NBA sources said they considered making a bid for Phoenix restricted free agent Eric Bledsoe. Although the Lakers already acquired former Harvard standout Jeremy Lin and his $14 million salary for this upcoming season, it was only to create more space next summer. Bledsoe could have been the team’s point guard of the future. Teams such as Houston and Milwaukee are considering bids for Bledsoe, who remains the biggest free agent on the market.

L.A. wasn’t shy in free agency; the team boldly went after Carmelo Anthony, of course, but didn’t seem to feel that Bledsoe was worth the four-year max contract that he is seeking. While his skill set and age might justify making such a deal, there are durability questions that raise some concerns.

Bledsoe played in just 43 games last season, and just 40 for the Clippers two years before that. Missing half of half of his NBA seasons is obviously factoring into the lack of offers he’s receiving from teams, but so is his price tag.

The Suns are likely in the same position the Jazz were in with Gordon Hayward earlier this summer, in that they’re hoping another team can sign him to a four-year offer sheet so they don’t have to pay him the full five-year max that he’s currently demanding. The market is drying up, too, with most teams having committed available cap space to others — although a sign-and-trade is always possible before an offer sheet is actually signed.

Milwaukee may still be an option if Bledsoe decides it’s all about the money, but almost no one signs up to play in a small-market, cold-weather city like that voluntarily. The Suns are likely to hold firm in not going the full five years, especially without any other teams officially in the mix.

Bledsoe could always play out next season for the qualifying offer and then become an unrestricted free agent the year after, but most players coming off of rookie scale deals like to lock up a substantial chunk of guaranteed dollars as soon as the league allows it.

Report: Trail Blazers signing C.J. McCollum to four-year max contract extension

OAKLAND, CA - MAY 11:  C.J. McCollum #3 of the Portland Trail Blazers dribbles the ball against the Golden State Warriors during Game Five of the Western Conference Semifinals during the 2016 NBA Playoffs on May 11, 2016 at Oracle Arena in Oakland, California.  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 Ezra Shaw/Getty Images)
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Four years ago, C.J. McCollum was playing at Lehigh.

Two years ago, he was barely in the Trail Blazers’ rotation.

Now, McCollum — the reigning Most Improved Player — is set to receive a huge payday.

Adrian Wojnarowski of Yahoo Sports:

McCollum will earn $3,219,579 next season in the final year of his rookie-scale contract. His extension will kick in for the 2017-18 season.

The Trail Blazers could offer McCollum just a four-year extension, because they already made Damian Lillard their designated player with a five-year extension. They could have re-signed McCollum to a five-year deal as a restricted free agent next summer, but they chose this route.

If this is a true max contract, Portland also runs the risk of a new Collective Bargaining Agreement significantly changing McCollum’s max. In max extensions, the salaries are slotted once the cap is set the following offseason. It’s also possible the extension is written now with set salaries based on the projected max, protecting the Trail Blazers in the event of an unexpected max leap. (If McCollum’s salary is set to a number higher than where the max winds up, the salary is amended downward to the max.)

Portland also cuts into its 2017 flexibility, because McCollum will immediately count against the cap at his 2017-18 salary (projected to be about $24 million) rather than what would’ve been his cap hold ($8,048,948). If the Trail Blazers waited, they could have used that $16 million or so difference in cap space then re-signed McCollum with Bird Rights.

So, why go to all this trouble?

Portland locks up a talented 24-year-old through his prime.

The NBA is short on high-end shooting guards, and McCollum was likely to receive considerable interest as a free agent. He could’ve leveraged that into a shorter offer sheet, allowing him to hit unrestricted free agency — meaning potentially an even bigger payout and/or departure — sooner.

McCollum also complements Lillard well. They share playmaking responsibilities in the backcourt, rarely leaving the Trail Blazers without either player on the court. McCollum’s 3-point shooting also makes him a threat when playing with Lillard.

Not long ago, Lillard noted Portland was already playing without an All-Star when so much attention was paid to the Clippers losing Chris Paul and Blake Griffin. But All-Star berths are far from the only one to measure stature.

Now, the Trail Blazers have two players paid like stars, and they’ll depend on Lillard and McCollum to lead the team into the foreseeable future.

Michael Jordan: ‘I can no longer stay silent’ on racial issues

CHARLOTTE, NC - MARCH 01:  Charlotte Hornets owner, Michael Jordan, reacts after a call during their game against the Phoenix Suns at Time Warner Cable Arena on March 1, 2016 in Charlotte, North Carolina.  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 Streeter Lecka/Getty Images)
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Michael Jordan might have never said “Republicans buy sneakers, too.”

But that quote has defined him politically.

Whether the perception has been fair or not, he’s clearly trying to change it.

Jordan in The Undefeated:

As a proud American, a father who lost his own dad in a senseless act of violence, and a black man, I have been deeply troubled by the deaths of African-Americans at the hands of law enforcement and angered by the cowardly and hateful targeting and killing of police officers. I grieve with the families who have lost loved ones, as I know their pain all too well.

“I was raised by parents who taught me to love and respect people regardless of their race or background, so I am saddened and frustrated by the divisive rhetoric and racial tensions that seem to be getting worse as of late. I know this country is better than that, and I can no longer stay silent. We need to find solutions that ensure people of color receive fair and equal treatment AND that police officers – who put their lives on the line every day to protect us all – are respected and supported.

“Over the past three decades I have seen up close the dedication of the law enforcement officers who protect me and my family. I have the greatest respect for their sacrifice and service. I also recognize that for many people of color their experiences with law enforcement have been different than mine. I have decided to speak out in the hope that we can come together as Americans, and through peaceful dialogue and education, achieve constructive change.

“To support that effort, I am making contributions of $1 million each to two organizations, the International Association of Chiefs of Police’s newly established Institute for Community-Police Relations and the NAACP Legal Defense Fund.

You can read Jordan’s full statement here.

Shaq’s list before leaving Magic for Lakers also included Knicks, Pistons, Heat, Hawks

1 Nov 1996:  Los Angeles Lakers center Shaquille O''Neal moves down the court during a game against the Phoenix Suns at the Great Western Forum in Inglewood, California.  The Lakers won the game, 96-82.    Mandatory Credit: Jed Jacobsohn  /Allsport
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Shaquille O’Neal said he regretted leaving the Magic for the Lakers as a free agent in 1996.

So, why did he bolt Orlando?

It was an intriguing high-stakes saga, and agent Joel Corry — who helped represent O’Neal at the time — retells it with behind-the-scenes detail at CBSSports.com.

One part I found particularly interesting was the rest of Shaq’s list besides the Lakers:

The idea was this: Identify the teams that could get to at least $9 million under the cap without gutting the roster in order to offer a seven-year, $100 million contract voidable after three years, when Shaq would have Bird rights with these teams and could thus opt out to take advantage of his presumably increasing value. Also, if he left Orlando, his preference was to go to a big market. There weren’t many teams that fit all these requirements. This is the list we came up with:

  • NEW YORK KNICKS: This was a longshot from the start, as it was contingent on New York being able to trade Patrick Ewing. The Knicks also went after Jordan, who promptly re-signed with the Bulls on a one-year, $30 million deal. The market was there. But moving Ewing was never really an option. And when they signed free agent Allan Houston for $56 million over seven years, the cap situation just became unworkable. Nothing ever really materialized.
  • DETROIT PISTONS: Detroit was attractive because of 1995 NBA co-Rookie of the Year Grant Hill, who had already earned All-NBA honors in his brief pro career. Allan Houston was also starting to emerge, and the thought of putting Shaq with a scorer like Hill and a shooter like Houston was attractive. But when Houston made his move to New York, this pie-in-the-sky scenario went with him. Plus, frankly, the Pistons never really showed much interest in making a deal for Shaq happen. Detroit was out.
  • MIAMI HEAT: The Heat had the most roster flexibility and potentially the best cap situation of the bunch, but renouncing the rights to Mourning, who was also a free agent, to wipe out his cap hold of 150% of his 1995-96 salary was going to be a necessity. Mourning became a central barometer for all of our negotiations. Mourning had gone No. 2 in the 1992 draft, right behind O’Neal, and their careers had been linked ever since.People casually put them in the same conversation as big men, but Mourning wasn’t the player Shaq was. When Miami signed Mourning to the aforementioned seven-year, $105 million deal, not only did it end any chance of O’Neal going to the Heat, it also served as an easy benchmark contract for Shaq’s personal market.

    No way was O’Neal going to get a penny less than Mourning, and in fact, Armato was adamant that O’Neal get substantially more than Mourning for he did not see them as anything close to the same class of player.

  • ATLANTA HAWKS: While Atlanta wasn’t on our initial list, the Hawks quickly became a viable option when I, along with a colleague, took a call from current Los Angeles Dodgers CEO and President Stan Kasten about the Hawks’ interest in Shaq. Kasten, who was president of both the Hawks and Atlanta Braves at that time, indicated that the merger between Hawks owner Ted Turner’s broadcasting companies (CNN, etc.) and Time Warner would be able to generate significant ancillary income for Shaq.On the basketball side, he viewed Shaq as the missing piece to a championship in Atlanta and was comfortable offering him a seven-year deal averaging somewhere between $10 and $15 million per year. He was not, however, interested in breaking up much of his team to do so.

    This is kind of crazy to look back on, but in 1996, Kasten considered Mookie Blaylock and Christian Laettner to be the Hawks’ foundational players. They weren’t going anywhere. Two other players from a group consisting of Stacey Augmon, Alan Henderson, Grant Long and free agent Steve Smith also needed to be retained.

    This was the snag. After running all the numbers, Smith, an All-Star caliber player, was probably the odd man out, and we didn’t like the idea of losing Smith. Eventually, Atlanta, which had become a legitimate contingency option, fell completely out of consideration when it signed Dikembe Mutombo to a five-year, $50 million deal.

I suggest reading Corry’s account in full.

Suns GM: Phoenix will likely preserve most of $13 million cap space into season

Ryan McDonough
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The Suns have more than $13 million in cap space remaining.

Don’t count on them spending it anytime soon.

Phoenix general manager Ryan McDonough, via Paul Coro of The Arizona Republic:

“I’d be surprised if we spent a lot of that cap space now or over the summertime,” Suns General Manager Ryan McDonough said. “More likely, we’ll preserve most, if not all of it, and go into the season and look at either in-season signings or probably more likely in-season trades that are lopsided where we take back more money than we send out. There are a decent amount of advantages to operating as an under-the-cap team in terms of player aggregation and trades and things like that.”

There’s certainly a logic to maintaining cap space for in-season deals. But the value is far less this year, when multiple teams will have room due to the skyrocketing salary cap. If they have their eyes on getting positive assets in salary dumps, the Suns will have to compete with other teams — and settle for weaker positive assets.

That still might be the right course if Phoenix doesn’t like any remaining free agents. (This removes one possible destination for Maurice Harkless, whose standoff with the Trail Blazers appears more likely to drag on.)

The Suns have 15 players — the regular-season roster limit — though John Jenkins and Alan Williams have unguaranteed deals. Phoenix could sign another low-priced player or two to compete in training camp, but that’s small potatoes. The Suns appear set to hoard their cap space.

The catch: This is also what cheap teams say. They hide their frugality by saying they’re maximizing flexibility. It’s impossible to tell the difference at this stage. So, keep an eye on Phoenix’s in-season moves.