Luxury tax concerns are making the Warriors hesitant about re-signing free agent Andre Iguodala, tweets Shams Charania of The Vertical. As a result, Iguodala plans to accept phone calls from other organizations when free agency begins tomorrow night (Twitter link). Iguodala has spent the past four seasons in Golden State and has been a key reserve and defensive presence for the defending champs. He averaged 7.6 points and 4.0 rebounds in 76 games this season.
The Warriors have about $38MM in guaranteed salary for next season, along with roughly $60MM in cap holds for Stephen Curry, Kevin Durant and Shaun Livingston, tweets Bobby Marks of The Vertical. If they lose Iguodala, they will have to use exceptions of $8.4MM and $5.2MM to replace him.
There’s more free agent news this afternoon:
- The Wizards will get a shot at re-signing restricted free agent Otto Porter before he talks to other teams, according to David Aldridge of TNT (Twitter link). Aldridge warns that Washington “better not mess around & try to negotiate,” which is a sign that Porter won’t accept anything less than a max deal.
- Andrew Bogut is close to full health and ready to test the free agent market, writes Marc Stein of ESPN.com. Bogut had a disastrous debut with the Cavaliers in early March, fracturing his left tibia less than a minute into his first game. He was recently cleared for running and jumping and expects medical approval for full basketball activities in about two weeks. His agent, David Bauman, has been sending out health updates to NBA teams while Bogut rehabs in Australia. The Cavaliers could use Bogut to fill their backup center role, but luxury tax concerns may prevent them from re-signing him.
- Jason Terry isn’t contemplating retirement at age 39 and would like to spend another season with the Bucks, relays Gery Woelfel of Woelfelspressbox. Terry averaged about 18 minutes per game for Milwaukee this year, putting up 4.1 points and 1.3 assists. He also shot 43% from 3-point range. “I definitely think there’s a market for him and that there’ll be some teams looking for his services,’’ said his agent, Ryan Davis. “But I can see him going back to the Bucks. He and [Bucks coach] Jason Kidd have a good relationship and he wants to keep helping the Bucks turn their culture around.’’
If the warriors decide to let Livingston walk, I think jason terry would be a good fit for a cheap backup guard
Terry and Ai would both be good fits for CLE. Especially Ai. Could replace Jefferson. And his D can replace Shumpert if they find a fool to take him
No where near the cap space for Cleveland to sign Iguodala
AI stays at 12-13 million per for 3 years, Livingston at 9-10 million per for 2-3 years. No way GS messes this up. If they do, they could theoretically lose Durant. They have the money. Luxury tax is of no concern to them. I’d be shocked if he isn’t back with GS
Where has the world come to when Otto porter is demanding a max contract WOW!
That’s the problem with max contracts in the first place. They’re fine in the NHL because no one is actually worth one, but because they use a soft cap here with Bird rights and exceptions and such they have to make them low enough that players can hit them. They have Porter’s bird rights and he’s in the lower max salary bracket I believe, so it’s not like he’s making $40 million a year or anything.
Porter’s salary will be 25% of the cap. Something like $24.7MM in the 1st year
In terms of open market value, it makes sense. You’d really say you probably would consider him to currently be about a $17-18 million player, maybe $21 million tops (considering the cap)…but there is a demand for his skillset, so a team with the space, that wants him to choose them, will have to max him out. Washington doesn’t want any weird language added to the deal that makes it tougher to match, so they’re better off trying to get something done with him themselves. But they should try to get him to wait to sign so they can try to maneuver.
Get Terry back in Milwaukee