Ten Of The Worst New Contracts This Offseason
May 8th, 2014
[Originally published on Hoopsworld, 30th September 2013.] The new Collective Bargaining Agreement is designed to save teams from themselves, and make reckless spending far harder to do. It works – most free agency contracts are now, frankly, well priced. But not all of them. After taking a look at the best contracts of the offseason last week, here, in no particular order, are ten of the worst ones from this past offseason: Al Jefferson – Charlotte Bobcats The harsh but undeniable reality is that the Bobcats, regardless of the presence of Michael Jordan, have to pay over the odds on the free agent market to compensate for their franchise’s position. They’ve done that with Al Jefferson, paying him three years and $40.5 million, including a player option in the third year. That player option makes Jefferson extremely difficult to trade until the summer of 2015. And while they haven’t necessarily signed him to trade him, a team with such little foundation as Charlotte must position themselves to permit that as soon as possible. They haven’t. Instead, they’ve paid Jefferson to be the cornerstone of the team for at least the first two years of the deal, which he simply isn’t. Jefferson, a poor defender, is also an inefficient volume scorer who contributes on only one end and leads on neither. It looks like a strong commitment to the present, just as Jefferson looks like he is a centerpiece to his team. But appearances can be deceptive. Josh Smith – Detroit Pistons As with most of the players on this list, it is not necessarily the price paid so much as it is the purposelessness of paying it. Detroit, like Charlotte, has to pay an invisible tax (manifested through inflated contracts) to attract free agents. This is a reality that has […]
Do NBA Players Ever Actually Accept Their Qualifying Offers?
April 16th, 2008
If your team didn’t agree to an extension with its starlet young player this past offseason – such as is the case with the Atlanta duo of Josh Childress and Josh Smith, the Chicago duo of Luol Deng and Ben Gordon, amongst others – then you’ve probably experienced a modicum of conversation as to whether that player will take the one-year qualifying offer this offseason rather than the security of a long-term deal, leaving the distinct possibility that your team will lose a key player and important asset, for nothing in return. Talk of this possibility happening is particularly widespread in the case of Gordon, who hasn’t done much to deny it. Let me try and set your mind at rest – it’s really not that likely. Or rather, it should be really unlikely. It might happen, but history suggests that it shouldn’t. This is a list of all the rookie scale players to have accepted the fifth-year qualifying offer in recent times, and how that went for them. Melvin Ely Season before free agency: 9.8 points, 4.9 rebounds, 51% shooting Season spent on Qualifying Offer: 3.0 points, 1.8 rebounds, 36% shooting Season after that: 3.9 points, 2.8 rebounds, 47% shooting Melvin Ely has had one year of average NBA production in seven attempts. That one season was, conveniently, the final one of his rookie contract. Never justifying his draft position, that one year gave Ely the chance to make a bit of money, especially given that it was probably his only other chance at a multi-year contract. (Ely was 28 at the time, after joining the league at age 24. Ely took Charlotte’s one year QO of $3,308,615 (which may or may not have been the only contract that they offered) in preference to taking Phoenix’s multi-year offer, […]
