Berri’s 10 most overpaid players list has hits, misses

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It’s a fun mental exercise to make us feel smarter than GMs — who are the 10 most overpaid players in the NBA?

Dave Berri — the co-author of The Wages of Wins and the economics professor who has consulted with NBA teams — came up with a list for CNBC that got a lot of play over the weekend. It’s got some obvious hits, but there are some misses as well.

Berri has his own system for valuing players called “wins produced.” I think it’s a flawed system (as is the still superior PER by John Hollinger) because any system that tries to distill the contributions of a basketball player down to one single number will not work. There is no single Holy Grail number out there. Defense isn’t accounted for well, to use the easy example and not get bogged down in math. These metrics (I use PER) make a nice snapshot but are not a complete picture.

That said, Berri uses his wins produced to figure out come up with how overpaid he was — how much money did he make divided by how many wins did he produce.

It’s an interesting list. But I have issues with a few guys on here.

1. Rashard Lewis (Wizards). He made $21 million last year and nobody sane will argue this is not the worst contract in the league. The Wizards chose not to use their amnesty on him and if they don’t next year they can pay him $23 million in the final year of his deal (they may try to use that as trade bait). Lewis played in 28 games last season averaging 7.8 points per contest and shooting below 40 percent.

2. Kobe Bryant (Lakers). Kobe is open to being on a list like this because he made $25 million last season (and $27 mil next season and $30 mil the season after that). And while Kobe has started to slide back from his peak he was still second in the league in scoring at 27.9 points per game, can play a complete game when he wants to. He is a lock as an All-Star. Also it should be noted that is actual value to the Lakers franchise in marketing and draw far, far exceeds what he gets paid. To me, that keeps him (and a few others below) off this list.

3. Antawn Jamison (Cavaliers). He made $15 million last year for a struggling Cleveland team and while he’s not bad — 17.1 points but shooting just 40 percent — he doesn’t board or do a whole lot else. He’s average at this point in his career but got paid handsomely to be that.

4. Amare Stoudemire (Knicks). He made $18.2 million last year but you can certainly argue he was overpaid as he was marginalized by the system — this has become Carmelo Anthony’s Knicks team and everything runs through him. Stoudemire kind of got the scraps once Mike Woodson turned the team over to ‘Melo. For the Knicks, he is overpaid. But he still shot 48 percent, scored 17.5 per game and in the right system could be a powerful force.

5. Chris Kaman (Hornets). He made $12.2 million last season at the end of a deal he got with the Clippers and he was overpaid. That said, Kaman has value as a solid NBA big — he scored 13.1 points per game last season, is an efficient shooter who plays within himself and is a solid rebounder. He has value, just not $12.2 value.

6. Mehmet Okur (Nets). I have no problem with this, he made $10.9 million last year and was so useless that when traded to Portland at the deadline a Blazers team that could use some help inside cut him rather than have him play for them.

7. Corey Maggette (Bobcats). No argument here, the oft-injured wing player was paid $10.2 million to come in and score for Charlotte and he played in just 32 games. He scored 15 a game when he did but shot just 36.7 percent.

8. Dirk Nowitzki (Mavericks): He made $17.3 million last season and he’s on Berri’s list but not mine. Granted, Nowitzki was not as efficient this season as the title year but still 21.6 points per game and a guy who can knock down threes. No, not a lot of rebounds or much else, but is that why anyone signs him. A PER of 21.8, I can live with that. Plus, like Kobe, his value to the franchise far exceeds his salary.

9. Deron Williams (Nets): He made $16.6 million on a dreadful Nets team last season. He scored 21 points per game, averaged 8.7 assists per game and shot 40 percent from the field. I think this is less about Williams and more about who is around him to help, but Berri puts him on his list anyway.

10. Tyrus Thomas (Bobcats): He made $7.3 million last season while giving Charlotte 5.6 points per game on just 36.7 percent shooting. He was part of a long list of Bobcat problems last season.

PBT Podcast: What’s next for Boston, Philadelphia, Denver? (And some playoff talk)

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Will Kyrie Irving stay in Boston? If not, what is Plan B?

Is Jimmy Butler back in Philadelphia next season? If he is will Tobias Harris be back?

What are the next steps to turn Denver into a contender?

I get into all of those things with the wise Keith Smith of Yahoo Sports (and Celtics Blog, and Real GM), we break down those three teams recently turned out of the playoffs. We also start off talking about teams actually in the playoffs, particularly Toronto’s comeback in the Eastern Conference Finals, and how those teams can take advantage against the Warriors with Kevin Durant out.

As always, you can check out the podcast below, listen and subscribe via iTunes at ApplePodcasts.com/PBTonNBC, subscribe via the fantastic Stitcher app, check us out on Google play, or check out the NBC Sports Podcast homepage and archive at Art19.

We want your questions for future podcasts, and your comments, so please email us at PBTpodcast@gmail.com.

Nikola Jokic’s All-NBA first-team selection shows his meteoric rise

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Just four years ago, Nikola Jokic was a second-round pick still playing in the Adriatic League. Just three years ago, he was battling a struggling Jusuf Nurkic to be the Nuggets’ main center.

Yesterday, Jokic made the All-NBA first team.

Jokic has risen incredibly quickly. Before this season, he had never even been an All-Star.

That makes Jokic the first non-rookie in NBA history to make an All-NBA first team without a prior All-Star season (including ABA All-Stars).

The No. 41 pick in the 2014 draft, Jokic is just the fourth second-rounder to make an All-NBA first team since the NBA-ABA merger. The others: DeAndre Jordan, Marc Gasol and Marc Price.

For most players not immediately deemed to hold first-round talent, it takes a while to build stature in the NBA. Jokic made the All-NBA first team in just his fourth season. That’s way sooner than Gasol (seventh season), Price (seventh season) and Jordan (eighth season):

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The Nuggets didn’t wait for this honor to make Jokic their franchise player. They gave him a near-max contract last summer, and by leading them into the second round of the playoffs, he triggered incentives to reach a max salary.

Denver has built a young supporting cast – mainly Jamal Murray and Gary Harris – to grow with Jokic. The Nuggets also signed veteran Paul Millsap, whose defense complements Jokic’s offensive-minded game.

So much is coming together so quickly for Denver, and Jokic’s honor is just the latest example.

Report: Trail Blazers sign president Neil Olshey to contract extension

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Just after a rumor emerged about the Wizards trying to hire Trail Blazers president Neil Olshey…

Adrian Wojnarowski of ESPN:

It’s nice to be wanted. It always adds leverage in contract negotiations.

Olshey has done well in Portland, building a winner around Damian Lillard and CJ McCollum after LaMarcus Aldridge left. But Olshey’s job will get harder now.

Evan Turner, Meyers Leonard and Maurice Harkless each have another season on the expensive contracts Olshey gave them in the wild summer of 2016. That’ll inhibit flexibility this offseason.

Then, Lillard is set to sign a super-max extension that will take effect in 2021. As great as Lillard is, it’ll be difficult building a contender around someone projected to earn $43 million, $46 million, $50 million and $53 million from ages 31-34. There’s so little margin for error, especially if ownership is less willing to pay the luxury tax than the late Paul Allen was.

But Olshey has earned a chance to handle these dilemmas.

Jazz center Rudy Gobert hits super-max criteria for extension projected to be worth $250 million over five years

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Anthony Davis signed a max rookie-scale contract extension in 2015, between his third and fourth seasons. Based on the Collective Bargaining Agreement at the time, the extension called for him to earn a higher salary if he was twice voted an All-Star starter or made two All-NBA teams during his first four seasons. Davis was voted an All-Star starter and made the All-NBA first team in his third season.

Unfortunately for Davis, he missed both honors his fourth year. The All-NBA and All-Star-starter tracks ran independently. Davis couldn’t qualify for a higher max salary by earning one of each.

That cost him $19,683,908 over the four pre-player-option seasons of his extension, which will end next year.

The current CBA’s more significant adjustments to super-max eligibility – changing the years for qualification, using Defensive Player of the Year instead of All-Star starter – obscured a minor tweak. The tracks now run together. A player can qualify with one Defensive Player of the Year and one All-NBA selection. He needn’t achieve two of one category.

So, Jazz center Rudy Gobert – who won won Defensive Player of the Year in 2018 and made All-NBA this year – quietly became eligible to sign a super-max extension in the 2020 offseason. The extension’s highest-allowable value projects to be $250 million over five years. The first four years would follow the structure of the super-max Damian Lillard and the Trail Blazers are set to sign.

Newsflash: Gobert isn’t Lillard.

Gobert is elite defensively and underrated offensively. But paying him $50 million per year from ages 30-34 in a league overflowing with good centers? That’s a recipe for disaster for Utah.

But Gobert earned eligibility. That makes it harder for the Jazz to tell him they don’t deem him worthy. That tension is an unintended consequence of the super-max rules.

There is room for negotiation. In this case, Gobert’s designated-veteran-player extension must be for five seasons and have a starting salary between 30% and 35% of the 2021-22 salary cap. But his salary can increase or decrease annually by up to 8% of his first-year salary. The deal can be partially guaranteed.

Still, the lowest possible designated-veteran-player extension for Gobert projects to be $155 million over five years. If fully guaranteed, that’d be expensive for a player of his age. If not fully guaranteed, the Jazz would get savings only by waiving him, and that’d mean dropping the cheaper latter years.

Because he doesn’t have enough experience to qualify, Gobert can’t sign a super-max extension until the 2020 offseason. He met the award criteria, but a player must have seven or eight years of experience. Gobert just finished his sixth year. He’s also under contract for two more seasons – locked into salaries of $24,758,427 next season and $26,275,281 the following year.

So, there’s time to figure this out.

But this is the most uneasy super-max situation so far – unless Gobert just doesn’t insist on the money. Good luck with that.