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:
Sources: L Stephenson & Pacers at impasse. Indy offers 5 yrs/$44 mill. Lance wants more, will talk to others. Chi, LAL, Hornets interested.—
Chris Broussard (@Chris_Broussard) July 02, 2014
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.
Aug 22, 2014, 12:59 AM EDT
This had been expected.
Aug 21, 2014, 8:59 PM EDT
Knicks finally considering the importance of developing young talent for the future.
Aug 21, 2014, 7:31 PM EDT
Wiggins too, while guys like Alexey Shved will be sent to the Sixers.
Aug 21, 2014, 6:12 PM EDT
Gone are the days when Shaq would have used this as an opportunity to take a shot at Kobe.
Aug 21, 2014, 5:02 PM EDT
Why give up assets now, when either player could be signed outright as an unrestricted free agent next summer?
Aug 21, 2014, 3:59 PM EDT
Stephen Curry: “We’re still taking applications.”
Aug 21, 2014, 3:04 PM EDT
He denied this yesterday.
Aug 21, 2014, 1:59 PM EDT
Video of Durant telling this humorous story.
Aug 21, 2014, 1:08 PM EDT
Silver says it’s ultimately the individual athlete’s personal choice.
Aug 21, 2014, 12:10 PM EDT
Being Jeremy Lin’s parent must be an interesting experience. What do you say to him to correct him.
Aug 21, 2014, 11:30 AM EDT
It’s a great move, one Irving pulls off almost ever game.
Aug 21, 2014, 10:45 AM EDT
Patience is the right play here. And patience is never popular with any fan base.
Aug 21, 2014, 10:15 AM EDT
Coming back off foot surgery, this is a good thing.
Aug 21, 2014, 9:45 AM EDT
Blatt can coach, but if it takes a season for the Cavaliers to find their identity (as it did with LeBron in Miami) will he get the chance to stick around for it?
Aug 21, 2014, 9:16 AM EDT
If you’re now rebuilding in Minnesota, why trade Bennett?
Aug 21, 2014, 8:44 AM EDT
Drummond is still a likely cut,
Aug 21, 2014, 8:00 AM EDT
It’s all business for KD with Roc Nation getting in the act.
Aug 21, 2014, 1:33 AM EDT
He also was a scoring machine at the showcase in Las Vegas.
Aug 20, 2014, 11:15 PM EDT
16 players will practice and be available for Friday’s game against Puerto Rico, but the roster needs to be trimmed to 12 in advance of the FIBA World Cup.
- Adam Silver: NBA stars playing in international competition face ‘a big risk’ 12
- Derrick Rose says he’ll play Friday vs. Puerto Rico 11
- Report: Don’t be so sure on Anthony Bennett to Philadelphia rumors 54
- Report: Nike gets chance to match 10-year, $265 million offer to Kevin Durant from Under Armour 17
- Should NBA coaches get NFL style challenge flags? 18
- Report: Suns discussing trade possibilities for Eric Bledsoe 34
- Report: Sixers may look to trade for Amar’e Stoudemire at this season’s deadline 32
- Kevin Durant reiterates that rest was his reason for withdrawing from Team USA 11