Jun 22, 2014, 2:39 PM EST
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.
Jan 26, 2015, 6:43 PM EST
Did you really think Kobe Bryant was going to leave the game on anything but his own terms?
Jan 26, 2015, 6:20 PM EST
He likely returns in the middle of March.
Jan 26, 2015, 5:32 PM EST
Of course, Nick Young’s answer to all problems is more Nick Young.
Jan 26, 2015, 4:29 PM EST
And Russell Westbrook at center
Jan 26, 2015, 3:37 PM EST
He should be back for the start of next season.
Report: Kemba Walker could miss six weeks, Hornets teammates Marvin Williams and Bismack Biyombo also injured
Jan 26, 2015, 3:22 PM EST
Charlotte’s playoff odds just got much longer
Jan 26, 2015, 2:38 PM EST
It’s Hawks and Warriors and everyone else. Just as its been for a while now.
Jan 26, 2015, 2:04 PM EST
After Washington pushed out Jordan, Kobe re-signed with Lakers
Jan 26, 2015, 1:28 PM EST
Portland must return to East Coast for single game
Jan 26, 2015, 11:47 AM EST
Lakers coach asked Young about his defense. ‘The answer he gave me, I couldn’t figure it out.’
Jan 26, 2015, 11:44 AM EST
Gasols, Pau of the Bulls and Marc of the Grizzlies, become first brothers to start an NBA All-Star game
Jan 26, 2015, 11:09 AM EST
With the storm bearing down on the Northeast, this is the right move by the league.
Jan 26, 2015, 10:20 AM EST
Jan 26, 2015, 9:46 AM EST
Wall splits two Nuggets defenders with expertly placed pass
Jan 26, 2015, 9:09 AM EST
Wizards do their best to blow five-point lead in final five seconds
Jan 26, 2015, 8:30 AM EST
Was it good defense or just that the Lakers were that bad?
Jan 26, 2015, 8:00 AM EST
When he gets healthy and back the guys in front of him on the depth chart will be healthy as well.
Jan 26, 2015, 1:16 AM EST
Could the Pelicans make the playoffs?
Jan 26, 2015, 12:36 AM EST
It’s not a rumor, Curry can dunk, too.
Lakers’ rookies get to take care of baby dolls for rest of season. May be more interesting than Lakers’ games.
Jan 25, 2015, 10:29 PM EST
This kind of hazing happens all over the league.
- Report: Kobe Bryant “definitively coming back to play next season” 0
- Kemba Walker to have knee surgery; Hornets looking at trades for depth while he is out 2
- Kobe Bryant to have surgery on shoulder, is done for season 7
- PBT’s Weekly NBA Power Rankings: Hawks continue to fly high 3
- Kobe Bryant wanted to sign with Michael Jordan’s Wizards 5
- Pau Gasol’s trade tip put his and Marc Gasol’s All-Star futures in motion 1
- Reports: Kings at Knicks, Trail Blazers at Nets games Monday postponed due to coming storm 7
- Did win over Lakers break Rockets out of their defensive slump? 9