I never understood why the Jazz WOULDN'T match that offer. If they really think Millsap is the goods, then it's not like they have to get rid of Boozer tomorrow. All this "Boozer MUST be dealt NOW" talk was nonsense, because the lux tax doesn't get applied until after the all-star break.
Yes, I suspect Boozer will be dealt now, but I thought the media hype over possible deals was re ed.
Paul Allen ain't worried about money. And Portland only has cap space this summer assuming they get the Roy and Aldridge extensions done. So this is the summer to spend cap space and grabbing Odom does make them better. They could always swing a trade for a point using one of their wings.
rumor is now its back to david lee
Thats a guy I could see Portland getting. New York wont match because they want to save up for 2010.
Unsigned Lee won’t play in USA Basketball minicamp
David Lee’s unresolved contract situation will keep him on the sideline next week when USA Basketball holds its minicamp in Las Vegas.
Mark Bartelstein, Lee’s agent, said Thursday the New York Knicks forward will travel to Las Vegas but won’t take part in compe ion. The Americans are scheduled to practice July 23-24 and play an intrasquad scrimmage on July 25.
Lee was one of 25 young players invited to participate. The minicamp is being used to identify potential candidates for available spots on the 2010 world championship team.
Lee is a restricted free agent and the Knicks can match any offer he receives. Bartelstein said there’s nothing really new to report on contract talks
dayum!
Odom>>>>>Outlaw/Webster/Batum/Fernandez
If they get Odom, they could always trade some of their wings (Fernandez and Outlaw, perhaps) for a PG at the AS Break. Maybe a trade for Chris Duhon or eventually Andre Miller after he re-signs w/Philly due to no $$$ being available anywhere else. Raymond Felton might be available in Feb.
By David Aldridge, TNT Analyst
Posted Jul 16 2009 8:51PM
Venturing deep into the NBA's luxury tax, the Utah Jazz have decided to match the four-year, $32 million offer sheet given to forward Paul Millsap by the Portland Trail Blazers last week, a source close to the Jazz confirmed Thursday.
The decision, which will be made official on Friday, returns Milsap to the Jazz, where he will likely become the starting power forward next season, and all but ensures that the Jazz will trade the current starter, Carlos Boozer, in order to alleviate what could be millions in potential luxury tax payments after this season. Including Milsap's first-year salary and prorated portion of his signing bonus, he will count for $7.7 million next season against Utah's cap. That figure, combined with the Jazz's returning players and first-round pick Eric Maynor's first-year salary, will push Utah's salary commitments next season to more than $81 million.
If Utah doesn't reduce its salary by the end of next season, it would be on the hook for more than $11 million in luxury tax payments, based on next year's projected tax threshhold of $69.9 million.
But Utah is hoping to get at least some tax relief by trading Boozer, who is in the final year of his contract at $12.7 million, and taking back less salary and/or draft picks in return. Both the team and Boozer have mutually agreed that it would be best to part ways after this season, and several teams, including Miami and Chicago, have expressed interest. By taking on players whose contracts are not guaranteed, or getting a third team involved which would take on one or more contracts in exchange for cash or picks, Utah could shave a few million dollars off of its tax bill before the league comes collecting next year.
Under the terms of the deal negotiated by Portland, Utah has to pay Millsap $10.3 million (a combination of his $5.6 million signing bonus and $4.7 million in salary, which is 80 percent of his first-year salary of $6.3 million), within a week of the contract being finalized. Portland structured the contract that way in hopes of making it too difficult for Utah to match.
But the Jazz, in good financial shape going forward with little long-term debt, decided it could write the check. The Salt Lake Tribune had reported this week that the Jazz had already consulted with local banks on the terms of a short-term loan that would cover the amount.
The decision came after general manager Kevin O'Connor met with team ownership on Thursday. The Miller Family, whose patriarch, the late Larry Miller, owned the team until his death earlier this year, remains in control of the franchise. The family had already indicated that it was willing to pay tax this coming season, knowing that Boozer, center Mehmet Okur and guard Kyle Korver all decided not to opt out of their current deals and play the final season of their respective contracts in Utah. The Jazz reached agreement with Okur last week on a two-year, $21 million extension.
The Blazers will now, once again, have $7.7 million in cap room to spend. They originally thought they had a deal with Orlando free agent forward Hedo Turkoglu, but Turkoglu reneged at the 11th hour and agreed to a five-year, $53 million contract with Toronto. Portland then turned to Milsap, who had stepped into the starting lineup when Boozer was hurt for much of last season.
Now, the Blazers have to decide whether to turn their attention to the remaining pool of free agents, including Lakers forward Lamar Odom--whose contract talks with Los Angeles have ground to a halt after the team pulled its offers from the table Tuesday--or keep the money available in order to do an uneven trade later this summer or before next year's trade deadline. Given that the team will likely not have cap room for the foreseeable future, with emerging stars Brandon Roy and LaMarcus Aldridge both due for significant raises after the coming season, there is strong sentiment within the Portland organization to use the money now on another player that can help the Blazers get over the top in the Western Conference.
SI.com was first to report Utah's decision to match.
Your franchise is is having financial problems and just gave a stupid contract to an average player. Carl Landry, a similar player with comparable numbers is getting paid 1/3 of what Milsap is getting. Even people on your own fan board are calling this one of the "top five worse FO moves in Jazz history"
Enviable position? What a joke. Williams is a stud, but what talent do you have around him exactly? You have a trade chip in Boozer who no one wants because he can't be trusted to keep his word on a long term commitment. I hope you are high on Udonis Haslem or Hinrich, cause thats about the best you are going to get.
The Jazz were a mediocre team last year and just got worse, not only for next year but for the forseeable future with terrible FO decisions. You might have a shot with AKs terrible contract off the books and the NY pick, but locking up Milsap was a mistake.
LOL, we have a future though!You have Yao's broken foot, a creaky kneed malcontent with a 21 million dollar deal and memories of the time Ron Artest was enough to get you past the first round.
off.
Have u ever seen Millsap play? He's a beast on the boards, and he average 14 and 9...he deserves the 8 mill/yr he will get. Sideshow Bob's contract up in Cleveland was way worse than this and Millsap is a better player.
Wow, Lars just proving to be a rocketfan.
Milsap is better than Varejao, but both are overpaid.
portland going after millsap was stupid and they only did it to drive up his price range. this was a shady move by the blazers because they knew the utah had to match. portland has aldridge so why would they pay millsap $10 million to back him up? portland is pissing off ever team in the league but the lakers.
It's official.
Jazz keep F Paul Millsap
Paul Millsap is staying with the Utah Jazz.
The Jazz on Friday matched the Portland Trail Blazers’ $32 million offer for the restricted free agent, keeping Millsap in Utah with a new four-year deal.
Portland frontloaded the offer with a guarantee of $10.3 million up front and the Jazz were willing to pay up to keep Millsap, a second-round surprise in the 2006 draft.
Utah had seven days to match the offer and made the division rival Trail Blazers wait the full week before Friday’s announcement.
Drive up his price range? No. 32 million over 4 years is worth it for Paul Millsap. Now just trade Boozer for a good starting SG and the Jazz will be set.
Nobody wants to play in Portland.. Oregon is pretty racist
i still don't see why portland needs to pay millsap $10 million to back up aldridge. millsap doesn't fit becuase pryzbilla and maybe eventually oden is a perfect fit next to a jump shooting aldridge. portland doesn't need extra rebounding and pryzbilla + oden and even aldridge provides plenty of shotblocking. burning cap space to fill a already loaded bigman lineup is not sensible.
I believe Pritchard said something along the lines of wanting the best player available.
Actually, it's 23 million, thank you very much....
Last edited by Ron Ron Artest; 07-18-2009 at 08:48 PM.
I did see a news special about the neo-nazi skinheads up in Portland. Is it actually proportionally much worse up there than elsewhere, or just a vocal (and violent) minority?
God, what a stupid ing idiot you are. Financial trouble? Did you read the article right above you? Not only are we NOT in financial trouble, we finally have an owner who's willing to spend into the luxury tax. Sounds like we're in deep financial trouble, doesn't it.
Carl Landry is a similar player? Show me when Landry recorded 19 straight double-doubles? There was ONE fan that said it was one of the top 5 worst moves in franchise history. You failed to mention the hundreds of fans who posted that it was great to have Paul back.
Once again you prove why Rockets fans are without a doubt the most idiotic, homer based, ed up pieces of . I'm almost pissed at myself that I wasted 3 minutes of my time replying to this garbage.
lol defensive much?
I agree with Girasuck. Millsap>>>>>>>>>>>>>>>>Landry hands down.
Laker fans get a bad rap here, but we have nothing on rocketfans. Those For every good rocketfan, about 4 or 5 idiot ones join.
Landry 9 ppg, 5 rpg on 57% shooting in 21 minutes @ 3 million a year
Milsap 13 ppg, 9 rpg on 53% shooting in 30 minutes @ overpaid per year
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