Jul 10, 2014, 2:51 PM EDT
Update: I guess the Mavericks didn’t need until midnight.
Sam Amick of USA Today:
If Parsons’ contract is accurately reported and my math is correct, this means the Dirk Nowitzki signing is official.
Though Parsons and the Mavericks have reportedly agreed on terms to an offer sheet, they haven’t yet officially submitted it.
Parsons has probably signed it. There’s even video of him doing so in the club:
But Dallas hasn’t yet submitted it and started the Rockets’ 72-hour clock.
Dwain Price of the Fort Worth Star-Telegram:
Why the delay?
By holding off, the Mavericks are essentially doing Houston a favor. Why would they do that?
I see two non-mutually exclusive possibilities.
1. A sign-and-trade is on the table.
Mavericks general manager Donnie Nelson acknowledges that’s a possibility:
The Mavericks obviously value Parsons a lot. They’re willing to pay him all that money. But do they value him enough to also relinquish an asset to ensure they get him? At some point, Parsons’ production doesn’t warrant the cost.
From the Rockets’ perspective, taking back anything more than small contracts could interfere with their pursuit of Bosh. Maybe they can snag draft picks from Dallas, but see the previous paragraph.
I can’t rule out a sign-and-trade, but there are major roadblocks.
Once Parsons signs an offer sheet, a sign-and-trade is no longer possible. It behooves Morey to prolong sign-and-trades negotiations, giving himself more time to handle everything else on his plate.
2. The Mavericks can’t yet offer Parsons his promised money.
How much is Parsons guaranteed over his three-year contract? I’ve seen slightly different numbers.
We’re in the range of Parsons’ max contract, which would be $46,228,710. I’m sure rounding factors in these reports, but I have yet to see someone credibly call Parsons’ offer a “max offer.”
Anyway, prior to agreeing to terms with Parsons, Dallas reached a three-year, $30 million deal with Dirk Nowitzki and agreed to re-sign Devin Harris. Most reports list Harris’ contract as worth $9 million over three years. Price has it $12 million over three years. For now, I’ll go with $9 million.
If Nowitzki’s and Harris’ contracts are fully back-loaded, the Mavericks could offer Parsons $44,413,545. If they take the relatively painless step of renouncing Petteri Koponen – the No. 30 pick in the 2007 draft who has yet to play in the NBA – they could increase their Parsons offer to $45,680,286.
That’s right in the range of what has been reported.
However, that requires Nowitzki to sign his contract first. Signing him with bird rights is the only way he can get 7.5 percent, rather than 4.5, raises. If the Mavericks renounce Nowitzki to sign Parsons first, even with renouncing Koponen, they could offer Parsons only $44,805,401 while preserving enough room to give Nowitzki his promised $30 million.
In other words, the Mavericks must wait to finalize Nowitzki’s contract before submitting Parsons’ offer sheet. In the real world, that could take time. Nelson confirms Nowitzki has yet to sign:
And if Harris’ promised contract is actually $12 million, forget about it. Drop Parsons’ three-year salary to $42,545,286. That would mean either the reports on Parsons’ salary are really off, or the Mavericks must make other moves. I figure they’d have those contingencies arranged before offering Parsons, but they also might be giving themselves an extra day to seek better trades for their expendable players (Raymond Felton, Brandan Wright,Jae Crowder,Ricky Ledo
and Gal Mekel) than would already be in place.
If Harris is getting only $9 million, though, that aspect isn’t a worry. Officially signing Nowitzki first matters, though.
So, once the Mavericks get all their ducks in a row, then what?
Jonathan Feigen of the Houston Chronicle:
The Rockets must figure out how everything comes together. Tonight, Dallas will likely put them on the clock to do so.
Aug 29, 2015, 11:00 PM EDT
Unfortunately, neither of them can defend anyone.
Aug 29, 2015, 9:30 PM EDT
Claver played two-plus seasons with the Blazers.
Aug 29, 2015, 8:00 PM EDT
The block happened in the Seattle Pro-Am game.
Aug 29, 2015, 6:30 PM EDT
All in one 15-minute video.
Aug 29, 2015, 5:00 PM EDT
If he develops a consistent three-point shot, it’s over.
Aug 29, 2015, 3:30 PM EDT
Bargnani is playing for the Italian national team.
Aug 29, 2015, 2:00 PM EDT
Bryant has appeared in every 2K game.
Aug 29, 2015, 12:30 PM EDT
That’s what he does.
Aug 29, 2015, 11:00 AM EDT
Sibert played four years in college.
Aug 29, 2015, 9:30 AM EDT
Owning this may be better than seeing Space Jam 2 with Lebron James, if that project comes together.
Aug 29, 2015, 8:00 AM EDT
He’s a coach, a brother.” — Lakers’ co-owner Jim Buss on Byron Scott
Aug 28, 2015, 11:00 PM EDT
It’s not a coincidence you see stars like Chris Paul, LeBron James, Tim Duncan and Russell Westbrook in a highlight package like this.
Aug 28, 2015, 9:30 PM EDT
Hollins’ likes to slow things down.
Aug 28, 2015, 7:59 PM EDT
It is going to be a rough year in Denver as they give the keys to the offense to a rookie point guard.
Aug 28, 2015, 6:46 PM EDT
I wouldn’t bet on him making the roster.
Aug 28, 2015, 5:44 PM EDT
Will either of them take a discount for security?
Aug 28, 2015, 3:58 PM EDT
Charles Barkley talked about how he never found Dawkins in a bad mood — he was always jovial.
Aug 28, 2015, 2:59 PM EDT
Boozer is making the right play here.
Aug 28, 2015, 2:15 PM EDT
It shouldn’t linger into training camp if he doesn’t aggravate it.
Aug 28, 2015, 1:44 PM EDT
What did you expect he would say?
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- Derrick Rose on sexual assault suit: “I am confident I will be proven innocent” 4
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- Kobe, Shaq discuss regrets over feud that ended their Lakers era 49