Kings general manager Vlade Divac, explaining his modest return in the DeMarcus Cousins trade, said, “I had a better deal two days ago.”
That statement probably made Divac look more foolish than he should have. Cousins’ agents, wary of losing a designated-veteran-player extension only Sacramento could offer, were threatening not to re-sign with any team that traded for the center. That could dissuade a team from offering as much for Cousins, because any offer for him must account for the probability of him staying long-term. It’s unclear the Kings could have pushed through the earlier offer before the other team heard from Cousins’ agents and recanted.
But, in addition to causing uproar and mocking, Divac’s statement also sparked another question: What was that “better deal to days ago”?
Divac, via Ailene Voisin of The Sacramento Bee;
When I was first talking with the Pelicans, it was about Buddy (Hield) and two first-round picks. I talked to DeMarcus’ agents (Dan Fegan and Jarinn Akana) to inform them we were having talks, negotiating terms, and they called teams and threatened them, saying that if Cousins was traded, he would not sign an extension. (Only the Kings could offer a fifth year, at a higher percentage of salary cap, because of Cousins’ designated veteran status.) They got scared and dropped it down to a second-round pick. I thought if I waited longer, I would get less. I needed to act.
Cousins signing a straight contract extension is practically infeasible. The Pelicans almost certainly won’t have enough cap space to offer a renegotiation-and-extension. He’ll probably become an unrestricted free agent in 2018 — which presents major risk for small-market New Orleans. (It’d be a bigger risk if the Pelicans blew up a quality team to land Cousins, which they very much didn’t.)
I don’t blame the Pelicans for lowering their offer once they heard from Cousins’ camp. I especially wouldn’t blame the Pelicans if they leveraged the agents’ threat, which should have come at no surprise, into a lesser offer to the Kings.
Instead of a deal based around Buddy Hield and two first-rounders, Sacramento got Hield, a first-rounder and a second-rounder. The second-rounder is this year’s 76ers’ selection, on pace to be No. 35 in a loaded draft. So, it’s far more valuable than the average second-rounder. We also don’t know what the protections would have been on the first-rounders in the earlier offer. The first-rounder actually conveyed is top-three protected this year, top-one protected the next three year and unprotected in 2021.
Still, with the prospect of DeMarcus Cousins leaving New Orleans next year, I would have loved to get my hands on another Pelicans first-rounder after his free agency.
Instead, the Kings settled for a package with far less upside.