Butler Signs Spurs' $7m Offer

[Old School Chic]

July 13, 2006 -- In a shock to the Knicks, center Jackie Butler signed a staggering three-year, $7 million offer sheet with the Spurs on the first day of the free-agent signing period yesterday, according to sources.
The Knicks have seven days to match the offer but it's unlikely they will go that high. Isiah Thomas said through a spokesman that no decision has been made. The Knicks made Butler a $920,000 qualifying offer to keep him restricted. Butler is their third-string center, but is viewed as valuable in case Jerome James were to report out of shape. Butler, 21, showed potential in parts of two seasons with the Knicks as a low-post scorer.

The Spurs are desperate for a big man after losing their two centers - Nazr Mohammed and Rasho Nesterovic. Thomas said Monday he expected it to be "a long summer" regarding Butler's situation.

"My summer just got a lot shorter," said agent Keith Glass, who is close friends with Larry Brown. "We're grateful the Knicks pulled him out of the CBA. They were obviously correct to do that. I think San Antonio is a great place for him. If the Knicks choose to match, it shows they wanted him as well."

[Kori Ellis]

Already been posted in the Butler thread.