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OT: Manu GiNooooooooobli!!!!! To Sign $40mil Extension
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Juice
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4/7/2010  3:49 PM
Manu Ginobili is close to reaching agreement on a three-year extension with the Spurs, league sources told Yahoo! Sports.

The deal is expected to be worth approximately $40 million.

Ginobili’s agent, Herb Rudoy, is expected to meet with Spurs officials after the team returns from Phoenix Thursday morning.

http://basketball.realgm.com/src_wiretap_archives/65821/20100407/ginobili_close_to_$40m_extension_with_spurs/#ixzz0kRgqvdV5

3yrs $40mil is that fair and has he set the market for anyone?

AUTOADVERT
AnubisADL
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4/7/2010  4:09 PM    LAST EDITED: 4/7/2010  4:10 PM
Scratch Ginobli off the list.

*Waits for Atlanta to overpay Joe Johnson*

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ramtour420
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4/7/2010  4:26 PM
Good news, Ginobli is, the second most valuable player on that team. Spurs are smart, they knew that signing Ginobli was pretty vital to them staying near the top. What does that put his 1st year at, around 12 mil? He is going to turn 33 this summer. Thats not too good but he is a huge part of their success. If we could get our second big player at that price i'd be happy.
Everything you have ever wanted is on the other side of fear- George Adair
TMS
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4/7/2010  4:29 PM
3 years $40 mil is more than i thought he'd get... this is bad news for the summer market if he's gonna garner that type of contract... don't expect to get any bargain basement discounts this summer
After 7 years & 40K+ posts, banned by martin for calling Nalod a 'moron'. Awesome.
knicks1248
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4/7/2010  4:31 PM
If that team doesn't do it this year there run will officially be over with, just like boston.
ES
fishmike
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4/7/2010  4:57 PM
AnubisADL wrote:Scratch Ginobli off the list.

*Waits for Atlanta to overpay Joe Johnson*

just curious... since you are a leader of the crying around here and will most certainly complain about anyone the Knicks sign can you define exactly what you consider overpaying for the 29 year old 4 time all star?
"winning is more fun... then fun is fun" -Thibs
AnubisADL
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4/7/2010  5:09 PM
fishmike wrote:
AnubisADL wrote:Scratch Ginobli off the list.

*Waits for Atlanta to overpay Joe Johnson*

just curious... since you are a leader of the crying around here and will most certainly complain about anyone the Knicks sign can you define exactly what you consider overpaying for the 29 year old 4 time all star?

Lets see. Joe Johnson turned down a 60 million dollar 4 yr extension. He thinks he is a max level player. The max for Joe Johnson would be 30% of the cap. Now factor in increases on a 5 year deal and you are looking at around 90 million for 5 years. I think he is worth what Atlanta offered per year which is 15 per, so a 5 year 75 million deal at MOST. Of course we will have to beat that for him to leave.

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crzymdups
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4/7/2010  6:58 PM
fishmike wrote:
AnubisADL wrote:Scratch Ginobli off the list.

*Waits for Atlanta to overpay Joe Johnson*

just curious... since you are a leader of the crying around here and will most certainly complain about anyone the Knicks sign can you define exactly what you consider overpaying for the 29 year old 4 time all star?

joe johnson won't sign an extension. he's testing the market. manu didn't want to test the market and made that pretty clear.

¿ △ ?
fishmike
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4/7/2010  7:04 PM
AnubisADL wrote:
fishmike wrote:
AnubisADL wrote:Scratch Ginobli off the list.

*Waits for Atlanta to overpay Joe Johnson*

just curious... since you are a leader of the crying around here and will most certainly complain about anyone the Knicks sign can you define exactly what you consider overpaying for the 29 year old 4 time all star?

Lets see. Joe Johnson turned down a 60 million dollar 4 yr extension. He thinks he is a max level player. The max for Joe Johnson would be 30% of the cap. Now factor in increases on a 5 year deal and you are looking at around 90 million for 5 years. I think he is worth what Atlanta offered per year which is 15 per, so a 5 year 75 million deal at MOST. Of course we will have to beat that for him to leave.

so 5 years, $75mm. OK.. got it.

Thats not bad... you could be looking at this:
JJ 5 years $76mm (starts at $13 ends at $17.7 w/ raises)
Lee at 6 years $66mm (starts at $8.5mm ends at $14mm)
That would leave you with about $13-$14mm in cap space to work with. You could get a very good player with that, or a combo of some good players

Is that so horrible? I think we could be very good if we got the right players in.

"winning is more fun... then fun is fun" -Thibs
TMS
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4/7/2010  7:15 PM
crzymdups wrote:
fishmike wrote:
AnubisADL wrote:Scratch Ginobli off the list.

*Waits for Atlanta to overpay Joe Johnson*

just curious... since you are a leader of the crying around here and will most certainly complain about anyone the Knicks sign can you define exactly what you consider overpaying for the 29 year old 4 time all star?

joe johnson won't sign an extension. he's testing the market. manu didn't want to test the market and made that pretty clear.

the reason why Manu signed an extension now is because he stands to gain nothing by waiting til the offseason... he's a 7 year vet & he's locked into the same max salary payscale for at least another 2 years... Joe Johnson is waiting til the offseason to sign an extension because he becomes eligible for the next tier of max salary after completing his 10th year in the NBA

http://members.cox.net/lmcoon/salarycap.htm#Q11

After 7 years & 40K+ posts, banned by martin for calling Nalod a 'moron'. Awesome.
AnubisADL
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4/7/2010  7:18 PM
fishmike wrote:
AnubisADL wrote:
fishmike wrote:
AnubisADL wrote:Scratch Ginobli off the list.

*Waits for Atlanta to overpay Joe Johnson*

just curious... since you are a leader of the crying around here and will most certainly complain about anyone the Knicks sign can you define exactly what you consider overpaying for the 29 year old 4 time all star?

Lets see. Joe Johnson turned down a 60 million dollar 4 yr extension. He thinks he is a max level player. The max for Joe Johnson would be 30% of the cap. Now factor in increases on a 5 year deal and you are looking at around 90 million for 5 years. I think he is worth what Atlanta offered per year which is 15 per, so a 5 year 75 million deal at MOST. Of course we will have to beat that for him to leave.

so 5 years, $75mm. OK.. got it.

Thats not bad... you could be looking at this:
JJ 5 years $76mm (starts at $13 ends at $17.7 w/ raises)
Lee at 6 years $66mm (starts at $8.5mm ends at $14mm)
That would leave you with about $13-$14mm in cap space to work with. You could get a very good player with that, or a combo of some good players

Is that so horrible? I think we could be very good if we got the right players in.

What Im trying to imply is that we aren't getting JJ for anywhere near 75 million dollars. Atlanta can offer the 6th yr. Plus Johnson thinks he is a max player so his deal will start at around 16 million.

Unfortunately, it is seeming more likely that Johnson and Amare will be getting max deals. Chicago, NJ, NYC wont have it any other way.

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AnubisADL
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4/7/2010  7:21 PM
TMS wrote:
crzymdups wrote:
fishmike wrote:
AnubisADL wrote:Scratch Ginobli off the list.

*Waits for Atlanta to overpay Joe Johnson*

just curious... since you are a leader of the crying around here and will most certainly complain about anyone the Knicks sign can you define exactly what you consider overpaying for the 29 year old 4 time all star?

joe johnson won't sign an extension. he's testing the market. manu didn't want to test the market and made that pretty clear.

the reason why Manu signed an extension now is because he stands to gain nothing by waiting til the offseason... he's a 7 year vet & he's locked into the same max salary payscale for at least another 2 years... Joe Johnson is waiting til the offseason to sign an extension because he becomes eligible for the next tier of max salary after completing his 10th year in the NBA

http://members.cox.net/lmcoon/salarycap.htm#Q11

I was actually mistaken by that statement. The end of this season will be Joe Johnson's 9th season. Joe Johnson has to wait because Atlanta currently isn't offering that 5 yr and he can sign a 6 yr deal this summer. No way Ginobli was getting a 5 or 6 yr deal for those numbers.

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AnubisADL
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4/7/2010  7:27 PM    LAST EDITED: 4/7/2010  7:28 PM
"Of course,'' Johnson said. "That will be one of the factors. (Woodson) was one of the main reasons why I came here (signing as a free agent in 2005). Me and him stayed and talked for a while before I signed. So we'll see. I surely hope him and his coaching staff will be back. Those are guys that I'm very comfortable with and familiar with, and the system that they have us running right now, it's been successful. So hopefully we can keep our core right here.''

Asked if it helps the chances of Johnson re-signing with Atlanta if Woodson remains, Johnson said, "Yeah, definitely. So we'll see what happens. Hopefully everything works out.''

Told of Johnson's comments about Woodson, Hawks owner Michael Gearon Jr. was glad to hear of the respect the team's star has for the coach.

"I'm thrilled to hear that Joe said that,'' Gearon said. "I take that as a positive what he said about Woody.''

But that doesn't mean the Hawks are going to rush to plop down a contract extension on Woodson, whose two-year deal expires after the season, or guarantee he definitely will be offered a new deal this summer.

"I'm never ever going to get boxed in a corner,'' Gearon said.

But Gearon does like Woodson, 202-284 in his sixth season with the Hawks. So does general manager Rick Sund.

Despite the Hawks (49-27) about to reach the 50-win mark for the first time in 12 years, Woodson has not been offered a contract extension because that's not how Sund operates. And that's fine with Gearon.

"Typically, my philosophy is that extensions and contracts are offseason agendas,'' Sund said. "During the season, you don't want distractions. You want to really focus on winning games.''

Source: http://nba.fanhouse.com/2010/04/04/johnson-re-signing-could-hinge-upon-whether-woodson-returns-to-h/

Apparently Atlanta is in no rush to overpay Johnson.

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TMS
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4/7/2010  7:31 PM
Manu wasn't getting a max length deal regardless, but his annual salary would have been maxed out at 30% of the cap either way if he had waited to sign or not... right now he's playing the best ball of the season so i can't blame him for taking the money he could get now... 3 years $40M works out to over $13M per... that's a huge chunk of change for a player at his age... i didn't figure he'd get any more than $10-11M per at most.
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loweyecue
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4/7/2010  9:35 PM
Damn! I had my hopes up for this dude.
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Cosmic
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4/8/2010  9:19 AM
If the Spurs still think that Duncan has something left in the tank then they had no real choice but to keep the big 3 together and hope to add to it one last time. So I understand the Spurs plan of action.

40M is steep but if they can afford it you look at the situation (keep big 3 together) and not the money.

I would have thought Manu could get 3/30. I would have thought teams would have tried to get him for 3/24 (maybe we would have). But I didn't see any team going 3/40 for him. He's got a lot of miles and constant injury concerns.

Well, now we move on and I am glad to see some players doing their extensions NOW - rather than in the late summer.

WHY? If those players wait they cause teams like us to wait them out if we want them - and that causes us to lose out on some players early - and then maybe the player we waited out as well!

So if guys like LBJ, Wade, Bosh, JJ want to stay home? Then, please, PLEASE let them sign extensions before we would have a chance to sign them outright....so we can move on with the next plan in line!

There are some grumblings LBJ might be making his mind up early. Fine by me. Just do it now if you're staying home. Don't torture every team that has cap space!!! Only to turn around and STAY IN CLE!

NBA should make a new rule on this to prevent such problems: Extensions must be signed before the free agency period begins.

But, yeah, that'd be too easy, and take away from the Stern drama machine (supposedly which creates interest!). It doesn't though, it creates frustration and causes some teams to screw themselves in the process trying to wait out a player who had never intended to leave his present team.

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MS
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4/8/2010  9:36 AM
Well if the Knicks buy out Curry and save $2M and give lee a deal starting at 8.5 that goes up to 14. We could do the following.

Free Agents
Lebron (17M)
Lee (8.5M)
Camby ($8M per at 2 years)
Walker ($1M) or Raja Bell ($1M)
Barron ($1M)

Is this line-up enough to win the East?

Douglas
Lebron-Walker or Bell
Gallo
Lee-Chandler
Camby-Barron

iSergio
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4/8/2010  9:37 AM
I wonder what this means for Ray Allen and Rudy Gay.
iSergio
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4/8/2010  9:39 AM
OT but I don't see LeBron James signing here to play with David Lee and Marcus Camby. The biggest reason King James signs here is because he get's to play with a second Star and that's not Lee. So I don't see these King James, Lee and Camby projected rosters as realistic. King James will either be here with Chris Bosh, Amare Stoudemire or Joe Johnson or not be here at all.
AnubisADL
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4/8/2010  9:59 AM
Cosmic wrote:If the Spurs still think that Duncan has something left in the tank then they had no real choice but to keep the big 3 together and hope to add to it one last time. So I understand the Spurs plan of action.

40M is steep but if they can afford it you look at the situation (keep big 3 together) and not the money.

I would have thought Manu could get 3/30. I would have thought teams would have tried to get him for 3/24 (maybe we would have). But I didn't see any team going 3/40 for him. He's got a lot of miles and constant injury concerns.

Well, now we move on and I am glad to see some players doing their extensions NOW - rather than in the late summer.

WHY? If those players wait they cause teams like us to wait them out if we want them - and that causes us to lose out on some players early - and then maybe the player we waited out as well!

So if guys like LBJ, Wade, Bosh, JJ want to stay home? Then, please, PLEASE let them sign extensions before we would have a chance to sign them outright....so we can move on with the next plan in line!

There are some grumblings LBJ might be making his mind up early. Fine by me. Just do it now if you're staying home. Don't torture every team that has cap space!!! Only to turn around and STAY IN CLE!

NBA should make a new rule on this to prevent such problems: Extensions must be signed before the free agency period begins.

But, yeah, that'd be too easy, and take away from the Stern drama machine (supposedly which creates interest!). It doesn't though, it creates frustration and causes some teams to screw themselves in the process trying to wait out a player who had never intended to leave his present team.

Miami already stated they are signing whoever agrees first out of Bosh, Amare, and Lebron. They have that luxury because they already have Wade.

The current CBA doesn't allow players to sign an extension once they are a FA. They just sign a new contract. As I said in other threads some of these guys just want that 6th year. An extension would only allow them 5 years.

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OT: Manu GiNooooooooobli!!!!! To Sign $40mil Extension

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