Michael Lee of the Washington Post reports:
Restricted free agent shooting guard Nick Young is in the process of catching a red-eye flight from Los Angeles to Washington and is expected to sign his one-year, $3.7 million qualifying offer with the Wizards on Monday, according to people with knowledge of the situation.
Nick Young probably thought this was going to be the payday, but this is where restricted free agency dooms players like him. The Wizards weren’t going to use the Rose rule on him with Wall around, and other teams, knowing that the Wizards would match, and recognizing there’s no upside to ruining the Wizards, didn’t even put out a flyer offer. You’d think someone would throw out an offer sheet good enough to get him to sign it, allowing the Wizards to match.
In a way, not getting the offer sheet is worse than not being re-signed by the Wizards for what you want. Because there’s always someone will to try and steal a player in restricted free agency. Josh Smith couldn’t draw iron in restricted free agency, but the Grizzlies tossed out a deal. Portland slung something heavy and front-loaded for Wesley Matthews. Again, Wesley Matthews drew a more favorable situation, at least relatively, than Nick Young did.
This isn’t staggering by any means. Young is an inefficient volume scorer and the market value on those players has never been lower. He shot 44 percent from the field, 39 percent from the arc. Not bad, but nothing to write home about. He would have a lot of value on a team like Chicago, but they don’t have the money to throw at him. Washington does well by waiting. If the rest of their core, (Wall, McGee, Singleton, and potentially Jordan Crawford) develops there’s no reason to put the money towards him. They probably will, because that’s what teams do. But this at least gives them another year to see if he craters.
And if he doesn’t, he could work himself into one of the top free agents of 2012, assuming Williams, Howard, and Paul stay with whatever team they end up on by season’s end.
Either way, the tenuous relationship will hold for another year. The Wizards have a two guard, who will have his eye on next summer.