Jul 2, 2014, 8:00 AM EDT
Apparently, producing a movie wasn’t enough.
The Pacers might have made an entertaining pitch to Lance Stephenson, but they didn’t follow it with a strong enough contract offer.
Chris Broussard of ESPN:
Keeping their current 10 players under contract, adding two minimum-salary players and re-signing Stephenson to form a 13-man roster, the Pacers could offer Stephenson a five-year, $45,630,867 contract and remain below the projected luxury-tax line.
The reported offer falls a little shy of that, but not much. Indiana might want room to add a 14th or 15th player or tweak the roster in other helpful ways, but I don’t think that’s worth losing Stephenson. If he walks, the Pacers have very limited means to replace him.
Plus, Indiana would have until the end of the regular season to make other moves to duck the luxury tax. The Pacers might not want to flirt with that line, but it’s at least an option.
As it stands, waiving Luis Scola and his partially guaranteed salary is probably Indiana’s simplest option to clear extra space. However, Scola reached milestones last season that make such a measure less effective.
Here’s the backstory of Scola’s deal: Originally, the salary ($11.0 million) for the final year on his deal (2014-15) was completely non-guaranteed. However, the deal said that the season could become partially or completely guaranteed if he met certain criteria over the first four years of the deal. It would have become fully guaranteed, had he been voted as a starter to the All-Star game. Other than that, he could get $500,000 guaranteed each year that he played 85% of his teams games and made the playoffs, and another $500,000 each year he either played in all 82 of his team games or played in 85% of his team’s games and the team went at least .500.
By the time he was amnestied by Houston in the summer of 2012, he had twice met those criteria (thus guaranteeing himself $1.0 million), but the Rockets are on the hook for part of that ($559,000). Then Scola earned another $500,000 with Phoenix by playing all 82 games, and he got another $1.0mm by (a) playing 85% of the games this year with Indiana and making playoffs, and (b) playing 82 games (also playing 85% on a .500 team).
That all adds up to $2.5 million guaranteed next year, though Indy is only on the hook for $1.9 million of it.
If the Pacers waive Scola and replace him with a minimum-salary player, they could offer Stephenson up to $57,012,360 over five years. That should be more than enough to reach a deal.
Stephenson should look around to leverage a higher offer, whether in Indiana or elsewhere. He’s earned that right. After making just $3.36 million over the last four years, it’s time to get paid.
If the Pacers want to keep Scola over paying Stephenson, that’s their prerogative. It also might be Stephenson’s prerogative to leave at that point.
Mar 30, 2015, 1:39 AM EDT
The Rockets are now the two seed in the West.
Mar 30, 2015, 12:01 AM EDT
Hennigan has done a solid job with the rebuild in his first three seasons.
Mar 29, 2015, 10:30 PM EDT
The Clippers beat the Celtics and had the best highlight of the game.
Mar 29, 2015, 9:01 PM EDT
All our thoughts are with him.
Mar 29, 2015, 8:00 PM EDT
Monty Williams is not amused.
Mar 29, 2015, 6:30 PM EDT
The Rockets won 99-91 in Washington.
Mar 29, 2015, 5:00 PM EDT
You needed this in your life.
Mar 29, 2015, 3:30 PM EDT
Obviously, the Spurs will match any offer he gets.
Mar 29, 2015, 2:00 PM EDT
This likely means the end of the Nate Robinson era.
Mar 29, 2015, 12:30 PM EDT
Most expect another lockout following the 2016-17 season.
Mar 29, 2015, 11:00 AM EDT
Great execution by the Blazers.
Mar 29, 2015, 9:30 AM EDT
Kanter found a way to motivate the Jazz in the dog days of the season, and the Thunder lost in part because of it.
Mar 29, 2015, 8:00 AM EDT
“You don’t have to be best friends to come out here and work together.”
Mar 29, 2015, 12:26 AM EDT
The Golden State Warriors are the team to beat out West.
Enes Kanter rips Jazz, calls his time there a ‘three-and-a-half-year frustration'; gets booed by fans
Mar 28, 2015, 11:00 PM EDT
Kanter was traded to the Thunder midseason.
Mar 28, 2015, 9:30 PM EDT
MJ’s still got it.
Lakers coach Byron Scott says opposing players have told him during games they’d ‘love to be in L.A. next year’
Mar 28, 2015, 8:00 PM EDT
Big, if true.
Mar 28, 2015, 6:30 PM EDT
Legislation was signed into law in Indiana last week, and has been criticized as one that could legalize discrimination.
Mar 28, 2015, 5:00 PM EDT
Hornets, still fighting for a playoff spot, catch a break.
Mar 28, 2015, 3:30 PM EDT
Van Gundy coached five seasons in Orlando, but was fired after the way the Dwight Howard debacle played out.
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