the MLE will probably drop to the point where even a full MLE deal with max raises might not even reach $6 million.
If not Splitter this summer, and the Spurs are willing to spend the MLE, there's not too much else considering how many teams will have huge caproom and the ability to pay more than MLE to anyone worth something.
Maybe they can settle on Ray Allen, or Josh Howard. Marcus Camby could probably be had for MLE or less. Jermaine O'Neal or Udonis Haslem. Mike Miller?
Everyone else worthwhile should get more than MLE, like David Lee.
Best thing to do now is to just swallow their pride and play out with Mahinmi. If Mahinmi sucks, so what, they can count on Splitter coming or some other MLE signing and they weren't bringing Ian back anyway.
If Ian is good and gets the attention of other teams (like up to the MLE), it doesn't matter if Splitter signs because then there'd be no room in the rotation for Ian with TD, Splitter, Blair, McDyess and Floor-Spreading PF on the roster.
If Ian is good and Splitter doesn't sign, then the Spurs could just use the portion of the MLE necessary on Ian instead of Jermaine O'Neal or Marcus Camby who are due to break down and disappoint just like McDyess this year.

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