Aug 2, 2011, 10:21 AM EDT
Fernandez, who spent last summer trying to get out of his NBA deal, spent part of this summer negotiating with Real Madrid. Then he said he promised to fulfill his NBA contract, which has one season remaining (plus a qualifying offer for a second season).
Maybe he means both.
Fernandez is talking to Real Madrid again. If he signs he returns to Spain but with an opt-out clause for this season to play for Dallas should the lockout get solved (as FIBA requires), then the following season it is back to Madrid, according to Alex Kennedy at Hoopsworld.
Fernandez’s camp met with Real Madrid last week, and the two sides have remained in contact in recent days. A six-year deal starting at 2.5 million euros ($3,562,250) is currently being discussed, according to multiple sources with knowledge of the negotiations. …
While the small forward’s deal may include a NBA-out, sources close to the situation believe that Fernandez wants to commit to Real Madrid long-term. Unlike other NBA players signing overseas, Fernandez doesn’t view Spain as a temporary landing spot. He sees himself continuing his career with Real Madrid long after the lockout has ended. However, Fernandez has one year remaining on his NBA contract, which could force him to report to the Dallas Mavericks if the work stoppage ends in time to save the upcoming season.
Fernandez is in the same position Josh Childress was when he jumped to Greece for two seasons (although he jumped for different reasons). Let’s say Fernandez signs in Spain (for more money than he is set to make in the NBA, by they way), then labor peace is found and the lockout ends. He has to come back to Dallas for whatever remains of this season. Then Dallas will extend a qualifying offer to Fernandez for the 2012-13 season, which he would not sign so he can return to Spain. Dallas could continue to extend qualifying offers every year as a formality just to retain his NBA rights should he decide to come back and play here.
I could see it playing out like that. Would FIBA allow the long-term deal or would the future years need to be a handshake deal because of the qualifying offer? That I don’t know, but you can bet Fernandez agent and the people at Real Madrid are figuring it out. Either way, don’t be shocked to see this signing coming.