Report: Pacers’ five-year, $44 million offer to Lance Stephenson has him looking elsewhere

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Apparently, producing a movie wasn’t enough.

The Pacers might have made an entertaining pitch to Lance Stephenson, but they didn’t follow it with a strong enough contract offer.

Chris Broussard of ESPN:

Keeping their current 10 players under contract, adding two minimum-salary players and re-signing Stephenson to form a 13-man roster, the Pacers could offer Stephenson a five-year, $45,630,867 contract and remain below the projected luxury-tax line.

The reported offer falls a little shy of that, but not much. Indiana might want room to add a 14th or 15th player or tweak the roster in other helpful ways, but I don’t think that’s worth losing Stephenson. If he walks, the Pacers have very limited means to replace him.

[MORE: The Top 50 free agents for summer of 2014]

Plus, Indiana would have until the end of the regular season to make other moves to duck the luxury tax. The Pacers might not want to flirt with that line, but it’s at least an option.

Paul George making the All-NBA third team, triggering a higher salary, is really biting Indiana here. If George received fewer votes, the Pacers would have much more room to operate.

As it stands, waiving Luis Scola and his partially guaranteed salary is probably Indiana’s simplest option to clear extra space. However, Scola reached milestones last season that make such a measure less effective.

Tim Donahue of 8 Points, 9 Seconds:

Here’s the backstory of Scola’s deal: Originally, the salary ($11.0 million) for the final year on his deal (2014-15) was completely non-guaranteed. However, the deal said that the season could become partially or completely guaranteed if he met certain criteria over the first four years of the deal. It would have become fully guaranteed, had he been voted as a starter to the All-Star game. Other than that, he could get $500,000 guaranteed each year that he played 85% of his teams games and made the playoffs, and another $500,000 each year he either played in all 82 of his team games or played in 85% of his team’s games and the team went at least .500.

By the time he was amnestied by Houston in the summer of 2012, he had twice met those criteria (thus guaranteeing himself $1.0 million), but the Rockets are on the hook for part of that ($559,000). Then Scola earned another $500,000 with Phoenix by playing all 82 games, and he got another $1.0mm by (a) playing 85% of the games this year with Indiana and making playoffs, and (b) playing 82 games (also playing 85% on a .500 team).

That all adds up to $2.5 million guaranteed next year, though Indy is only on the hook for $1.9 million of it.

If the Pacers waive Scola and replace him with a minimum-salary player, they could offer Stephenson up to $57,012,360 over five years. That should be more than enough to reach a deal.

Stephenson should look around to leverage a higher offer, whether in Indiana or elsewhere. He’s earned that right. After making just $3.36 million over the last four years, it’s time to get paid.

If the Pacers want to keep Scola over paying Stephenson, that’s their prerogative. It also might be Stephenson’s prerogative to leave at that point.

Vintage Kobe: Redeem Team recalls him running over Pau Gasol

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If the goal of a trailer is to get you to want to see the movie, then well done Netflix. I’m in.

Netflix released a trailer for its upcoming Redeem Team documentary on the 2008 Olympics, featuring some vintage Kobe Bryant. Just as a quick refresher, in 2008 the USA’s toughest opponent would be a deep Spanish team led by peak Pau Gasol but also with Marc Gasol, Ricky Rubio, José Calderón, Rudy Fernández, Juan Carlos Navarro and more. This was a legitimately dangerous team and one the USA would face first in group play.

Kobe wanted to set a tone — and did by running through his friend Gasol. (Warning: There is NSFW language in the video clip below.)

“‘First play of the game I’m running through Pau Gasol.’ And we was like, ‘What?’ He said, ‘First play of the game, I know what they’re gonna run.’ And he knew Pau was gonna be the last screen and he said ‘I’m running through him,'” Dwayne Wade said

Spoiler alert: The USA thrashed Spain in group stage play. However, come the Gold Medal game it was a lot tougher for the Americans to beat the Spaniards, with Kobe having to have a big fourth quarter and — what often goes unremembered — a master class from Chris Paul in game management to control the tempo and flow.

I’m all in for the documentary, which drops on Oct. 7 on Netflix.

Spurs’ Keldon Johnson to miss start of training camp with shoulder injury

San Antonio Spurs v Denver Nuggets
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Keldon Johnson is poised to have a monster season on a rebuilding Spurs team.

Except he’s going to miss the start of training camp and the team’s preseason games. And could be out longer.

Johnson suffered a “right shoulder posterior dislocation during Spurs open gym” the team announced Saturday. Posterior dislocations are rare (less than 5% of all dislocations) and are usually from a fall on an extended arm. Recovering from the injury depends on many factors but can extend out for months. However, the Spurs said Johnson is expected to be available for the start of the regular season less than a month from now.

Johnson averaged 17 points and 6.1 rebounds a game last season, and is an elite perimeter shooter off the catch-and-shoot (39.8% from 3 overall), who also can put the ball on the floor and finish at the rim. He was the team’s second-leading scorer last season (to Dejounte Murray, who is now in Atlanta).

The Spurs will be cautious with bringing Johnson back. Even in what could be Gregg Popovich’s last season as coach the Spurs are looking more to be part of the Victor Wembanyama sweepstakes than push for a playoff spot. Johnson is a quality player who helps San Antonio win games, which both is why they want him back healthy and why they are not going to rush him.

Cavaliers reportedly extend Dean Wade for three years, $18.5 million

Pregame of Cleveland Cavaliers and Philadelphia 76ers
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This could be a steal for the Cavaliers — Dean Wade could be the starting three for the Cavaliers by the end of this season and he’s got a genuine upside.

The Cavaliers have extended Wade for three years, $18.5 million, a story where multiple sources were on top of it, including Adrian Wojnarowski of ESPN.

Wade’s counting stats aren’t eye-popping — 5.3 points a game and shooting 35.7% from 3 — but he is a quality wing defender who has improved as a floor spacer (sometimes setting picks and popping out). He’s a two-way player who has put in the work and could pass Isaac Okoro on the depth chart this season.

The Cavaliers have four All-Stars who will undoubtedly be starting for them — Darius Garland and Donovan Mitchell in the backcourt, Jarrett Allen and Evan Mobley up front — and the looming question is at the three. Wade has a chance this season to step into that role.

Which makes extending him at a little over $6 million a season a potential steal for the Cavaliers.

 

Warriors GM Myers reiterates he would like to extend Green, Poole, Wiggins

Golden State Warriors v Sacramento Kings
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Andrew Wiggins is entering the final year of his contract and the Warriors want to extend him. Jordan Poole is up for a contract extension and if it isn’t worked out by the start of the season he becomes a restricted free agent next summer. Draymond Green is eligible — and wants — a four years, $138.4 million extension (the max they can give him).

Bob Myers said again this week that he wants to keep all three of those players — all critical parts of the Warriors run to a title last season — but financial reality could intrude upon that dream. Here’s what Myers said Thursday, via Kendra Andrews of ESPN:

“We want all of those guys,” Warriors general manager Bob Myers said at a news conference Thursday. “Can we get all of them? I don’t know.

“It depends on what the money ends up being. What the ask is what we can end up doing. We’re not at a point to make those decisions yet. Some of these decisions may be made in the next two weeks, some might be made in the next seven, eight months.”

The Warriors turned heads around the league paying more than $350 million in player salaries and luxury tax last season — and this season they will be in the same ballpark. Warriors co-owner Joe Lacob has said even with the cash cow that is the new Chase Center, this is not a team that can spend $400 million. Some expenses are locked in, such as Stephen Curry and his $215.4 max contract extension. Klay Thompson is at the max for a couple of more years.

Poole is part of the future in Golden State — along with Jonathan Kuminga, Moses Moody, and maybe Jonathan Wiseman — and they can’t let him go. Wiggins was the Warriors’ second-best player in the postseason last year. That has led to some speculation Green could be the odd man out — something Myers has denied. Green will make $25.8 million this season but is  expected to opt out of the $27.6 million player option he has next season. It leaves the Warriors and Green with a choice.

Something’s got to give, but the Myers and the Warriors seem ready to kick that financial can down the road until next summer, and for this season get the band back together and chase another ring.

Poole would be the first up (there is an Oct. 17 deadline to extend him). Whatever happens, this will be an undercurrent of a story all season long in the Bay Area.