Jun 22, 2014, 2:39 PM EDT
Rudy Gay is getting paid on a massive, old CBA contract that is set to bring him $19.3 million next season. He had an opt-out where he could leave that money on the table (and become a free agent) for the security of a longer deal, but he was going to take a steep pay cut per year no matter where he inked a new deal.
So Gay has decided to opt-in and stay in Sacramento — where he suddenly played the most efficient basketball of his career — and collect those massive pay checks, reports Adrian Wojnarowski of Yahoo Sports.
Sacramento Kings forward Rudy Gay will exercise his $19.3 million contract option for the 2014-15 season, but has tabled extension talks until later this summer, league sources told Yahoo Sports.
The Kings want to bring Gay back — they loved how he meshed with DeMarcus Cousins in coach Mike Malone’s system — and if they want until after July 1 they can talk about a four year extension, reports Wojnarowski. It will be for less than his current salary, but four years and better than $50 million at least (maybe more like $60 million) is a given. (If his efficiency numbers regress to the mean that number could fall.)
Gay averaged 20.1 points a game for the Kings, just a couple points above his career average. However, what was stunning was the sudden improvement in his efficiency — he went from a well below average true shooting percentage of 46.8 percent in Toronto to 56.7 percent with the Kings. His PER jumped from 14.7 to 19.6.
The question now is will the Kings be able to keep restricted free agent point guard Isaiah Thomas. The issue is money, with Gay opting in and accounting for the No. 8 pick the Kings have an estimated $68.5 million in salary on the books. That is above a salary cap expected to be just above $63 million and pushing a luxury tax line of $77 million. The Kings want to avoid a tax but if a team comes in and offers Thomas $8 million a year (a possibility) the Kings would have to pay the tax to keep him and round out the roster. And this is still not a roster likely to make the playoffs in the West (maybe they compete for the 7/8 seed). To keep Thomas they need a salary dump.
Kings GM Pete D’Alessandro has some work to do this summer, but keeping Gay helps give him a cornerstone. Those are the hard pieces to get.
Aug 30, 2014, 11:01 PM EDT
Rose looked like his vintage self for a night.
Aug 30, 2014, 9:30 PM EDT
The statue is in Buenos Aires, in case you were looking to travel to get your picture with it.
Aug 30, 2014, 8:00 PM EDT
That’s a higher bar than most realize
Aug 30, 2014, 7:00 PM EDT
Klay Thompson scored 18 points and Anthony Davis had 17 points on the night. Finland had great fans, though.
Aug 30, 2014, 6:30 PM EDT
Kings rookie rookie honing his 3-point Shootout skills
Aug 30, 2014, 5:00 PM EDT
Will Davis be better than LeBron and Durant in five years? I’ll say this — he’ll be on that level.
Aug 30, 2014, 3:30 PM EDT
Role models are not one size fits all.
Aug 30, 2014, 2:00 PM EDT
Former Tennessee guard, drafted No. 58, will help Philadelphia tank from afar
Aug 30, 2014, 12:30 PM EDT
Other NBA teams also watching Slovenia closely in World Cup to assess Zoran
Aug 30, 2014, 11:00 AM EDT
Finland isn’t as good as the teams the USA was destroying in tune ups.
Aug 30, 2014, 9:30 AM EDT
He can decide this summer, or he can wait and join a team mid-season. There is no rush.
Aug 30, 2014, 8:00 AM EDT
“We talk and he’s ready. He’s 20-year-old Kobe. It’s going to be a crazy environment.” — James Harden on Kobe Bryant
Aug 30, 2014, 12:11 AM EDT
Another Pacer player injured in international play.
Aug 29, 2014, 11:15 PM EDT
Tournament features a record 75 players who have played in the NBA at some point, and we have the complete list.
Chris Paul discusses his signature shoe, hoops with media at launch of his Jordan Brand CP3 VIII (VIDEO)
Aug 29, 2014, 9:45 PM EDT
Chris Paul is way more into sneakers than you are, and articulated it well at the launch of his latest signature shoe in New York earlier this week.
Aug 29, 2014, 8:15 PM EDT
Ayon has played for four teams in three NBA seasons, and currently only has offers to play overseas next year.
Aug 29, 2014, 6:43 PM EDT
Allen is undecided on playing next season.
Aug 29, 2014, 4:15 PM EDT
Knicks wing acts as security guard in prank
Aug 29, 2014, 3:33 PM EDT
Bulls have Joakim Noah, Pau Gasol, Taj Gibson and Nikola Mirotic
Aug 29, 2014, 2:47 PM EDT
Colangelo touts Anthony Davis, James Harden, Stephen Curry, Derrick Rose, Rudy Gay
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- 67RIEFNS No. 1: Tom Thibodeau managing his bigs 22
- Derrick Rose knows injury questions will keep coming. And coming. And coming. 11
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- Official ‘Clippers’ Number 1 Fan’ on herself and Donald Sterling: ‘I’ll always feel it’s our team’ 21