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.
Sep 19, 2014, 11:32 AM EDT
Elbow injury would have kept him out of camp.
Sep 19, 2014, 10:30 AM EDT
Kyle Lowry and Co. return for another run
Sep 19, 2014, 9:30 AM EDT
Former Kings draft pick joins three other players competing to make Memphis’ roster
Sep 19, 2014, 9:00 AM EDT
Raduljica, after solid rookie year, leaves NBA sooner than he’d hoped.
Sep 19, 2014, 8:30 AM EDT
Alfonso Ribeiro can still do that dance.
Sep 19, 2014, 8:00 AM EDT
“Then it became a competition amongst guys and now you really got into it more and you started to really understand the clothes you put on your body.” —Dwyane Wade
Sep 19, 2014, 12:01 AM EDT
Saunders wants the rookie to earn it.
Sep 18, 2014, 10:46 PM EDT
Pietrus sat out all of last season.
Sep 18, 2014, 9:31 PM EDT
Looks like Bucks head coach Jason Kidd is serious about making Antetokounmpo into a point guard.
Sep 18, 2014, 8:16 PM EDT
This will take some getting used to.
Sep 18, 2014, 7:10 PM EDT
Sep 18, 2014, 6:30 PM EDT
Isn’t Harden the beard guru?
Sep 18, 2014, 5:51 PM EDT
I like the idea of calling him “scrappy feet” better.
Sep 18, 2014, 5:10 PM EDT
Chicago will likely start Joakim Noah and Pau Gasol
Sep 18, 2014, 4:25 PM EDT
Expect Rubio to be a restricted free agent next summer, and he may not enjoy that experience.
Sep 18, 2014, 3:44 PM EDT
Knicks star said nobody wants to play for Atlanta
Sep 18, 2014, 2:55 PM EDT
After a year at point guard, Oladipo should thrive for Magic this season
Sep 18, 2014, 2:20 PM EDT
Dirk’s not bad on guitar.
Sep 18, 2014, 1:40 PM EDT
Not an expected pairing, but they can relate
Sep 18, 2014, 1:00 PM EDT
Spurs coach seeking sources of motivation so his team won’t repeat the letdown
- ProBasketballTalk 2014-15 Preview: Toronto Raptors 2
- Dwyane Wade credits David Stern’s dress code for improving his style 6
- Kevin Durant has grown close with Karl Malone 13
- ProBasketballTalk 2014-15 Preview: Philadelphia 76ers 3
- Steve Kerr said Danny Ferry made mistake but is a “man of high character” 26
- LeBron James on Kyrie Irving: “I believe Kyrie can be the best point guard in the league.” 21
- ProBasketballTalk 2014-15 Preview: Boston Celtics 4
- Dwight Howard’s driver’s license in Florida suspended, he racked up 10 red light violations in Orlando 17