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