Jul 16, 2014, 6:14 AM EDT
UPDATE 11:11 am: Lance Stephenson‘s representative Alberto Ebanks released this statement to the Indy Star about the decision, which makes it seem it was less about the money and more about the years.
“Lance is forever grateful for all the love he’s received from Pacers fans. He is especially grateful to his teammates, Frank Vogel, Herb Simon. the Pacers management and, most of all, Larry Bird. While we tried our best to come to the best possible terms for both sides there was not sufficient flexibility in the terms of the contract, particularly the length of the contract. Reports throughout the negotiation process with Indiana have often strayed from the truth but suffice it to say that it was less about the money. Lance will miss the city, the team and the mentor who helped transform him into the dynamic player he has become. He looks forward to making a strong contribution and beginning a new chapter with the Charlotte Hornets.”
His teammates were not thrilled to hear the news they lost one of their team’s best players.
6:14 am: Michael Jordan’s team had built up a nice foundation in the East last season, but they needed to become more dynamic on offense to take the next step.
They just did that.
Or at least took a gamble on it — and if you’re in Charlotte you need to take a few gambles to bring in stars.
The Charlotte Hornets have landed the best free agent still on the market in Lance Stephenson, reaching a three-year deal with the unrestricted free agent from Indiana. Rick Bonnell of the Charlotte Observer broke the story basically in the middle of the night (early Wednesday morning, to be specific).
Other reports say this works out to three years, $27 million total (if the team picks up that third year). That is more per year than the five-year, $44 million offer Larry Bird and the Indiana Pacers threw at Stephenson. For Stephenson this new deal lacks the security or guaranteed money of the Indiana offer, but he had felt insulted by what he thought was a low-ball offer from the Pacers and was looking for someone else to step up. He found it. Sort of.
For Charlotte, they limit their exposure to the talented but immature Stephenson by keeping this a two-year deal if they don’t pick up the option.
This is a great fit on the court for the Hornets, who count on Kemba Walker at the point to create offense and Al Jefferson in the paint to put up numbers. Stephenson both brings another shot creator and a good defender to a team that made the playoffs last season based on its defense.
Stephenson averaged 13.8 points, 7.2 rebounds and 4.6 assists a game last season and when on can both can create shots for himself and others with his attacking, aggressive style. He doesn’t tend to do it efficiently all the time and that aggressive style can turn wild and reckless. Then there’s also the guy that blows in LeBron James’ ear.
If he matures on the court, this could be the steal of free agency. If not, the Hornets can get out of this deal early.
The Pacers, already over the salary cap, are going to have a hard time replacing Stephenson’s shot creation. That was an at times stagnant offense that just got much more so. Larry Bird has some real work to do now.
Oct 25, 2014, 9:30 PM EDT
Defending champs have no reason to exert themselves until the games count in the standings.
Oct 25, 2014, 8:00 PM EDT
Lopez hasn’t practiced since it was reported he suffered a soft tissue injury to his surgically repaired foot on Oct. 16.
Oct 25, 2014, 6:30 PM EDT
Warriors hold (almost) all the leverage, because Thompson will be a restricted free agent next summer.
Oct 25, 2014, 5:00 PM EDT
Oct 25, 2014, 3:30 PM EDT
Lineup data shows Green greatly improves his team’s chances when playing with the starters.
Oct 25, 2014, 2:00 PM EDT
Is Stephenson ready for responsibility that comes with going from Pacers to Hornets?
Oct 25, 2014, 12:30 PM EDT
No surprise, and Lakers fans feel the same way.
Oct 25, 2014, 11:00 AM EDT
It might be because short of an insane offer of a max deal, Thompson would rather take his chances as a restricted free agent next summer.
Oct 25, 2014, 9:30 AM EDT
Nice job of McCallum to stay active on a play where he had already missed a shot.
Oct 25, 2014, 8:00 AM EDT
Will Thomas make Kings regret choosing Darren Collison over him?
Oct 25, 2014, 12:01 AM EDT
Thunder will be very short-handed the first month of the regular season.
Oct 24, 2014, 11:00 PM EDT
It’s far from guaranteed that they will use it.
Oct 24, 2014, 10:00 PM EDT
And it was probably the smartest possible play
Oct 24, 2014, 9:00 PM EDT
76ers forwent any guaranteed salary to hit free agency sooner
Oct 24, 2014, 8:20 PM EDT
Bucks point guard Nate Wolters makes heads-up play
Oct 24, 2014, 7:31 PM EDT
Can’t say I ever pictured that.
Oct 24, 2014, 6:40 PM EDT
This is a minor trade, even in Sam Hinkie’s world.
Oct 24, 2014, 5:31 PM EDT
Clippers owner affirms reputation
Byron Scott says Lakers may need to trade for point guard. For now, Ronnie Price starts, Jeremy Lin off bench.
Oct 24, 2014, 4:41 PM EDT
Expect the Lakers to try and trade for a point guard… no, not Rajon Rondo.
Oct 24, 2014, 3:50 PM EDT
Nash was everything we want as a fan in an NBA player.
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