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.
Oct 2, 2014, 12:25 AM EDT
Stephen Curry, Klay Thompson, Andre Iguodala, David Lee and Andrew Bogut dominated last season and return for more
Oct 1, 2014, 11:15 PM EDT
Kobe takes championship-or-bust mentality
Oct 1, 2014, 10:20 PM EDT
George wants to re-join the Pacers for the playoffs
Oct 1, 2014, 9:25 PM EDT
Thunder forward says he doesn’t (unless he’s joking like Kevin Martin)
Oct 1, 2014, 8:30 PM EDT
Get fouled on a missed 2-pointer – one free throw worth two points
Get fouled on a missed 3-pointer – one free throw worth three points
Oct 1, 2014, 7:35 PM EDT
OK, what did I get wrong?
Oct 1, 2014, 6:40 PM EDT
Two young players trying to prove to new coaches they deserved minutes. This is a real setback for both.
Oct 1, 2014, 5:50 PM EDT
The show is on Disney XD. I suppose there are worse things your child could watch.
Man sues Madison Square Garden saying he was ejected from Knicks game for saying “Carmelo, you stink”
Oct 1, 2014, 5:01 PM EDT
A Madison Square Garden spokesman called the lawsuit “frivolous.”
Oct 1, 2014, 4:20 PM EDT
Dirk loves him some Hoff.
Oct 1, 2014, 3:40 PM EDT
Thing is, Rodman fit the triangle and what Jackson wants to do with a team. Smith…. not so much.
Oct 1, 2014, 3:01 PM EDT
Monroe had a busy offseason in terms of appearances in the NBA’s news cycle.
Oct 1, 2014, 2:21 PM EDT
LeBron is taking on a leadership role early in his second stint in Cleveland.
Oct 1, 2014, 1:41 PM EDT
Broken hand is supposed to sideline Rondo for 6-8 weeks.
Oct 1, 2014, 1:00 PM EDT
I list my personal picks for top five backcourts.
Oct 1, 2014, 12:21 PM EDT
Second round pick foregoing additional guaranteed dollars in order to bet on himself.
Oct 1, 2014, 11:39 AM EDT
Reminder not to believe everything you read, especially if it’s attributed to ‘a source.’
Oct 1, 2014, 11:00 AM EDT
Cousins was tied for the league lead with 16 last season.
Oct 1, 2014, 10:00 AM EDT
The new-look Hornets, with Lance Stephenson in tow, are hoping to build on a playoff run and a promising young core.
Oct 1, 2014, 9:30 AM EDT
Kobe wants to shake the rust off before the games count for real later this month.
- Hey John Wall/Dion Waiters, Stephen Curry says Warriors have best backcourt. And he’s right. 41
- ProBasketballTalk 2014-15 Preview: Charlotte Hornets 5
- Kobe Bryant plans to play in all 8 preseason games for Lakers 11
- ProBasketballTalk 2014-15 Preview: Miami Heat 9
- Mike Miller points to him being amnestied as start of LeBron James leaving Miami 15
- Kobe Bryant thinks he could physically play beyond contract extension 14
- Trey Burke, in wake of nude-photo scandal: ‘My judgments will be much better’ 11
- Report: Kevin Durant says he wants to play in 2016 Olympics (his free agent summer) 5