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Report: Raptors sign Knicks’ Landry Fields to offer sheet

Jul 3, 2012, 1:47 PM EDT

Landry Fields

This is an expensive but smart play by the Toronto Raptors.

Knicks guard Landry Fields has agreed to sign an offer sheet from the Toronto Raptors, Marc Stein of ESPN reports.

Sources say that the three-year deal offer sheet to Fields, with the Year 3 jump a la Omer Asik, approaches $20 million

What that means is the first couple years of the deal are in the $5 million range, the third year jumps way up — a poison pill deal.

Is that overpaying for Fields? Yes, but there are reasons.

First, Fields is a solid two-way player who can give the Raptors 25 to 30 quality minutes a night, especially if he feels comfortable in the system. He had a better rookie season in New York, especially when the focus of the offense was Amare Stoudemire, but he struggled to adapt to the Carmelo Anthony Knicks. He would play well next to a strong point guard. His impact lessened as the season wore on and the Knicks became ‘Melo centric. In a new setting he could give more than the 8.8 points per game he averaged last year.

Second, and more importantly, this complicates the Knicks pursuit of Steve Nash — if New York matches the Fields offer they will have some serious cap issues in a couple years if they give Steve Nash a three-year deal (like the Raptors just offered him). Also, Fields might have been part of a sign-and-trade for Nash but if he signs the offer that is out. (He could change his mind before July 11 when he could sign the offer sheet, but this complicates matters for New York.)

My guess is the Raptors just won this bidding war and will have Fields next season. But the Knicks have something to think about.

  1. hartdaddy - Jul 3, 2012 at 1:53 PM

    & The NBA Free Agency has just become a joke, *sighs*, Thank God the NFL is right around the corner.

    • terraj35 - Jul 3, 2012 at 2:54 PM

      Couldn’t have said it better myself. Thank god for football, where average players dont get overpaid out of fear of losing them. The NBA gets harder to care about every year

      • pglive21 - Jul 3, 2012 at 3:41 PM

        Right they just have non-guaranteed contracts and franchises that can keep players beyond their contracts if they feel like it. Sounds like a much better system.

      • passerby23 - Jul 3, 2012 at 4:17 PM

        Good player. Raptors way overpaid. Fields is a replaceable player, but the Raptors overbid for fear of Knicks matching. Teams do this way too much. Raptors are paying more for Fields and Rockets paying more for Asik than the Celtics are paying for Jason Terry. Something wrong with that picture.

  2. gmen4life33 - Jul 3, 2012 at 1:54 PM

    Bye Fields. Really good player in a free-flowing offense w/movement, but not very good as a “stand in the corner hit open 3′s” type of role, which the Knicks need out of their 2 guard (with Melo on the team). Fields can be a great glue guy in TOR. Stop trying to steal NYK players Canada!!!

    • franchiseplaya - Jul 3, 2012 at 2:20 PM

      “toronto is like new york, just without all the STUFF.”
      - Steve Martin on 30 Rock.

    • duane888 - Jul 3, 2012 at 2:23 PM

      It’s another way to catch up to a team in your division/conference. Take their players, or atleast make offers to their FA’s the home team now has to match and run up their payroll.

  3. Mr. Wright 212 - Jul 3, 2012 at 2:07 PM

    I thought poison pills were banned? Or was that NFL?

    Anyway, they can have him.

  4. sigshane - Jul 3, 2012 at 2:12 PM

    Gotta wonder when we Knicks fans will hear some GOOD news, *sigh*

  5. borderline1988 - Jul 3, 2012 at 2:19 PM

    Colangelo is trying to screw the Knicks’ chances of trying to trade for Nash. They are also proving to Nash regarding their commitment to get him and spend around him.
    There’s no way Landry Fields is worth anywhere near this type of money. But it’s not like the Raptors are landing any other expensive free agents, and the only player who will need to be re-signed for that kind of money is Derozan (in 2 years).

    Basically, the summary of the story is this: Colangelo is betting everything on landing Nash (if the Raptors struggle again next season, Colangelo will likely be fired). He therefore doesn’t care about leaving the team hamstrung in 3 years if they actually get decent…he needs to do something splashy now.

    • franchiseplaya - Jul 3, 2012 at 2:29 PM

      i don’t know why bu i feel like toronto is already too loaded with players in that 6’6 – 6’8 range that another one almost seems like a waste of money especially at this price unless theres a deal on the backburner somewhere. they seem to me to need a PG or big man more.

      • borderline1988 - Jul 3, 2012 at 2:59 PM

        The theory is that with Valuncianus coming over from Europe, they have him and Bargnani as their big men (with Ed Davis and Amir Johnson off the bench).

        I actually think they’re decent at every position:
        PG: Calderon, Bayless
        SG: Terrence Ross, Landry Fields
        SF: Derozan, Kleiza, Weems
        PF: Johnson, Barngani
        C: Valuncianus, Davis

        It’s just that they’re not great at any position. And that doesn’t work in the NBA. It’s a star-driven league, and Landry Fields, while he is a good role player, doesn’t cut it. The Raptors need some stars, and they can’t get anyone to sign with them. that’s why i think Ross was a bad pick…probably will be a great role player, but has a relatively low ceiling…Raptors have a million of those players.

  6. yankeesjetsknicksrangers - Jul 3, 2012 at 2:20 PM

    He had a great rookie year, but slumped badly last season. He does well in an up tempo offense slashing to the rim, but can’t shoot the ball to save his life. Woodson was going more with JR anyway because Fields shot 25% from 3, and 56% from the free throw line.

    No way the Knicks match.

  7. acdc363 - Jul 3, 2012 at 2:21 PM

    Very smart move by the Raptors.

  8. sageandjudahsdad - Jul 3, 2012 at 2:22 PM

    No loss at all! He was descent in the speed ball offense, but stunk up the joint under Woody and was a non factor in the playoffs. C ya!

    • knightrider1755 - Jul 3, 2012 at 5:07 PM

      Yes but all of the Knicks were a non-factor in the playoffs.

  9. cantonbound13 - Jul 3, 2012 at 2:38 PM

    Enjoy Canada Landry

  10. cantonbound13 - Jul 3, 2012 at 2:44 PM

    They are better off with JR Smith starting & Shumpert comming off the bench.

    • pglive21 - Jul 3, 2012 at 3:45 PM

      Well that won’t really be an issue while Shumpert is recovering from ACL surgery. But if he’s healthy and they’re still starting Smith over Shumpert, then Knicks fans will realize very quickly what a mistake they made in keeping Woodson on as coach. That dude flat out can’t coach winners. Saw him for years in Atlanta and if he’s your team’s coach, then your team has a ceiling. I’ll give you a hint. It starts with “second” and ends with a word that rhymes with “found”.

  11. trybe29dr - Jul 3, 2012 at 3:23 PM

    The Knicks better not match this deal…

  12. eflem80 - Jul 3, 2012 at 4:34 PM

    Couldn’t hit an open shot, mediocre from the stripe, aight defender, lost his starting job quite frankly by being out played by a rookie (Shump)….one word for this as a Knick fan….BYE!

  13. newyorkfootballjets - Jul 3, 2012 at 8:30 PM

    Shump better start over jr smith

  14. KOBEshigawa - Jul 3, 2012 at 9:12 PM

    This is just an unbelievably awful signing from the Raps. The money is just baffling – $20 million for Landry Fields? Most league prognosticators pegged him for no more than $3-$4 million per year – certainly not $6.5 a year! He can be a nice player with a point guard to hold his hand, so unless the Raps are in the lead to sign Nash, I can’t imagine what they’re thinking. I suppose this signing makes a bit more sense if they get Nash, but he might be going to Dallas with Deron signing with the Nets. An expensive gamble. One last bit – they just drafted Terrence Ross. His position? Shooting guard. Wow. We wrote a little more here: http://thegreatmambino.blogspot.com/2012/07/instant-trade-analysis-landry-field-to.html

  15. badintent - Jul 4, 2012 at 12:39 AM

    Go up to Adam Clay Powell Blvd and 135 Street, we got better players in summer league ball in Harlem. And almost as many guns as NBA players.

  16. dysraw1 - Jul 4, 2012 at 9:28 AM

    oh well there goes our sign & trade chip

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