Evans makes verbal commitment to Pelicans

[rainmaker]

Sam Amick ‏@sam_amick 1m
Tyreke Evans has given the New Orleans Pelicans a verbal agreement that he'll sign the four-year, $44 million offer sheet, I'm told.ESPN 1st


Tom Ziller ‏@teamziller
Tyreke's camp was asking the Kings to offer more than $44M. The consequence if they did not: he'd sign a $44M deal the Kings could match.

 

[Bosnian Diehard]

So now we'll see what direction the FO takes..

 

[Arco Arena]

Tom Ziller ‏@teamziller
Tyreke's camp was asking the Kings to offer more than $44M. The consequence if they did not: he'd sign a $44M deal the Kings could match.

lol, exactly.

 

[Sam0ah]

I would be blown away if we didnt match this.

 

[Glenn]

Does anyone get the idea that Tyreke's agent, aided and abetted by Jones and Ham, was trying to get the Kings to offer $12 mil per year instead of matching the $11 mil per year. Now they are stuck and we wait another week. It's not a lifetime and the Kings save a million per year.

 

[lwc]

$11 per is a good deal. Do the Kings have to a contract that is structured the same way? If so, can they offer $44.1 million and structure it however they want to?

 

[MassachusettsKingsFan]

The issue is now both the Pelicans and the Kings are stuck for the next 7 days unless the Kings renounce Evans rights. The Kings are stuck with Evans cap hold and the Pelicans can't do anything with their cap room either or they will have no room for Evans.

And the Pelicans still need to get rid of Lopez or someone else before they can fit Evans, if my calculations are correct. We'll see what happens there.

Still, this seems like a fair number for Evans and I have a very bad feeling about this move going forward. My gut tells me we will see a sign and trade.

 

[lwc]

Glenn, you are exactly right. Or get them to offer the same and get done earlier. It sounds like Tyreke badly wants to be in Sactown but wants to get paid more, so he is playing the game.

 

[Sam0ah]

$11 per is a good deal. Do the Kings have to a contract that is structured the same way? If so, can they offer $44.1 million and structure it however they want to?

Its a steal compared to how much they were going to pay iggy. I t hink this what the pete wanted the whole time being quiet so he wouldnt drive the price up. I would be shocked if we didn't match it.

 

[Glenn]

The issue is now both the Pelicans and the Kings are stuck for the next 7 days unless the Kings renounce Evans rights. The Kings are stuck with Evans cap hold and the Pelicans can't do anything with their cap room either or they will have no room for Evans.

And the Pelicans still need to get rid of Lopez or someone else before they can fit Evans, if my calculations are correct. We'll see what happens there.

Still, this seems like a fair number for Evans and I have a very bad feeling about this move going forward. My gut tells me we will see a sign and trade.

We have all summer. If we match before July 11, we still can sign FAs if we wish. Certainly we need to fill out our roster with low priced players. I said LOW PRICED. If everything works well, we will have three guys demanding a lot of money (Cuz will get the max and 4 years from now McLemore will probably get a lot) so we have to be careful. I suppose we can spend a bit in the next four years but after that we may not ever have enough to get a great FA and if everything goes well, we won't need one.

 

[rainmaker]

Still, this seems like a fair number for Evans and I have a very bad feeling about this move going forward. My gut tells me we will see a sign and trade.

Which would be a disaster of a start for our new FO/owner. Vasquez is a decent PG but nowhere near the talent level of Reke and doesn't come close to replacing him. Combine that with us not being able to sign other FA's until this gets resolved a week from now and this could blow up in Vivek's face if we don't match.

Of course if we match, no worries. But if we start hearing rumors about a trade being discussed I'll start getting pretty nervous.

 

[lwc]

Its a steal compared to how much they were going to pay iggy. I t hink this what the pete wanted the whole time being quiet so he wouldnt drive the price up. I would be shocked if we didn't match it.

I was speaking about the rumored contract difficulty the Pelicans were trying to structure

 

[Sam0ah]

The issue is now both the Pelicans and the Kings are stuck for the next 7 days unless the Kings renounce Evans rights. The Kings are stuck with Evans cap hold and the Pelicans can't do anything with their cap room either or they will have no room for Evans.

And the Pelicans still need to get rid of Lopez or someone else before they can fit Evans, if my calculations are correct. We'll see what happens there.

Still, this seems like a fair number for Evans and I have a very bad feeling about this move going forward. My gut tells me we will see a sign and trade.

I don't see sign and trade at all in less we get davis or holiday from them. Its just not worth it for brooks or vasquez.

 

[MassachusettsKingsFan]

I don't see sign and trade at all in less we get davis or holiday from them. Its just not worth it for brooks or vasquez.

I agree that it's not worth it, it will never be worth it, but that's not the point. I do not think the Kings want Evans at this number. I just don't. I hope I'm wrong, but if they don't want Evans at this number than the trade doesn't have to be even, PDA will take whatever he can get so long as it has any value.

 

[MassachusettsKingsFan]

Which would be a disaster of a start for our new FO/owner. Vasquez is a decent PG but nowhere near the talent level of Reke and doesn't come close to replacing him. Combine that with us not being able to sign other FA's until this gets resolved a week from now and this could blow up in Vivek's face if we don't match.

Of course if we match, no worries. But if we start hearing rumors about a trade being discussed I'll start getting pretty nervous.

Losing Iggy and Evans would be a disaster. That's when the really bad deals get handed out. Suddenly we have 13mil in caproom with Vivek and PDA feeling the heat from the fanbase... That's when you overpay for a guy like Monta or Calderon. Or all the other valuable free agents are gone in 7 days, which at this rate is entirely possible.

Asik would do something for me, though.

 

[roasthawg]

The issue is now both the Pelicans and the Kings are stuck for the next 7 days unless the Kings renounce Evans rights. The Kings are stuck with Evans cap hold and the Pelicans can't do anything with their cap room either or they will have no room for Evans.

And the Pelicans still need to get rid of Lopez or someone else before they can fit Evans, if my calculations are correct. We'll see what happens there.

Still, this seems like a fair number for Evans and I have a very bad feeling about this move going forward. My gut tells me we will see a sign and trade.

The Kings aren't stuck at all... we know exactly what Evans will cost if we want him. Cap hold means nothing as we'll know exactly how much money we have to work with if we're not gonna resign Tyreke... if we are gonna resign him then we now know the exact cost.

 

[Dr. Spaceman]

Nothing unexpected. Evans was waiting for us to top that offer, but we were smart not to, in essence, negotiate against ourselves. Now barring a major trade (anything involving Greivis Vasquez as the centerpiece is not a major trade. Whoever suggests this needs to watch more basketball) that derails our current plans, we should match this solid offer first thing on the 10th. Nothing has been done by Vivek and Co. to indicate otherwise.

Next, we can turn our sights on to the AK-47s of the world.

 

[roasthawg]

Nothing unexpected. Evans was waiting for us to top that offer, but we were smart not to, in essence, negotiate against ourselves. Now barring a major trade (anything involving Greivis Vasquez as the centerpiece is not a major trade. Whoever suggests this needs to watch more basketball) that derails our current plans, we should match this solid offer first thing on the 10th. Nothing has been done by Vivek and Co. to indicate otherwise.

Next, we can turn our sights on to the AK-47s of the world.

Imo it's a no-brainer we're gonna match. Tyreke tried his best to get a few more bucks but knew he couldn't mess around lest the Pelicans do to him what we did to Iggy and yank the deal. Then he'd really be bargaining from a position of weakness. The market has spoken and judged Tyreke to be an $11mil/yr player... now onto other things (for our f.o. at least, I know it's torture for the rest of us since we're not in the know).

 

[cuad]

The Pelicans have to get rid of Robin Lopez in order to make room for Evans. Do y'all think we could help them do that, and then match Tyreke's contract? Is that legal?

 

[Capt. Factorial]

The issue is now both the Pelicans and the Kings are stuck for the next 7 days unless the Kings renounce Evans rights. The Kings are stuck with Evans cap hold and the Pelicans can't do anything with their cap room either or they will have no room for Evans.

Not really an issue for us. Nothing can happen until the 11th, but we will know whether we intend to match or not, and we can go forward with plans knowing our cap numbers. Let's say, for instance, that we want to match Tyreke and sign Kirilenko to a 3/$30 contract. We know from Tyreke's offer sheet what his cost will be, so we know how much space we need to clear for Kirilenko's offer, and we can set about doing that (whether it be a trade of MT23, or a Salmons amnesty, etc.) We can still offer Kirilenko the contract, and he can still accept it, it's just that nothing actually happens until the 11th when pens start to hit papers.

And the Pelicans still need to get rid of Lopez or someone else before they can fit Evans, if my calculations are correct. We'll see what happens there.

Now, for the Pelicans, that's true. They've got to deal with the Lopez situation by Friday, when his deal becomes fully guaranteed. If they can't find a trade partner, they'll have to cut him.

Still, this seems like a fair number for Evans and I have a very bad feeling about this move going forward. My gut tells me we will see a sign and trade.

Unless Tyreke reneges on his apparent intent to sign the NO offer sheet, there will be no sign and trade. If he signs it, we either match and keep him, or we don't and the Pelicans get him. There is no third option.

 

[Section 101]

The next two days could be telling if Lopez isn't traded or waived. That would mean a sign and trade is coming.

 

[rainmaker]

Unless Tyreke reneges on his apparent intent to sign the NO offer sheet, there will be no sign and trade. If he signs it, we either match and keep him, or we don't and the Pelicans get him. There is no third option.

So a sign and trade isn't an option?

 

[Capt. Factorial]

The Pelicans have to get rid of Robin Lopez in order to make room for Evans. Do y'all think we could help them do that, and then match Tyreke's contract? Is that legal?

I am not aware of any rule stipulating we could not do that. However, the Pelicans have to drop basically his entire salary, which means they need to find a trade partner with the cap space to absorb it. Because of our cap holds (Tyreke + McLemore + MLE/Bi-Annual) we are technically over the cap, so we can't trade zero salary (what New Orleans wants) for Lopez. And there's no reasonable way to get far enough under without renouncing Tyreke's cap hold (defeats the purpose) or possibly amnestying Salmons (which is probably not best used on creating trade space for Robin Lopez).

More likely (and more gratifying) would be for the Pelicans to cut Lopez outright, and then for us to sign him following the Tyreke match. Lopez isn't my #1 target, obviously, but I wouldn't hate the acquisition if we couldn't swing anything else in the free agent market.

 

[Capt. Factorial]

So a sign and trade isn't an option?

Not if Tyreke signs the offer sheet, no.

Technically he hasn't done so yet. It appears from media reports (not always 100% reliable!) he has given his word to NO that he will. So it's still technically possible, but it would require information that we think we know now to be wrong.

 

[Section 101]

Unless Tyreke reneges on his apparent intent to sign the NO offer sheet, there will be no sign and trade. If he signs it, we either match and keep him, or we don't and the Pelicans get him. There is no third option.

Not true at least referring to NO. Last year Anderson had agreed to sign the offer sheet, but they held off signing for the sign and trade. This is very common with restricted FA. Basically, they have til the 10th when he can officially sign the offer sheet or they can hold off as they work on the deal.

 

[rainmaker]

This guy knows Reke.

SacramentoBizness™ ‏@EASportsHoops now
The rumors that Evans doesn't want sac to match are false. He wants and expects sac to match the New Orleans offer sheet.

 

[John Galt]

Only $44M kings win easy decision to match

 

[Bricklayer]

Let the Pelicans mess up their own team now.

Put it this way, there is absolutely nothing preventing this from working out for us now except we ourselves making a bad decision. Send our front office on a vacation to Tahiti and let me take over for the week, and we win. We have Reke effectively locked up for a set number ($11mil), we know exactly how much other cap space we have, and since I am playing with Vivek's money not my own, you can add another $7.5mil of space to the remaining total when I amnesty Salmons. AK47 just got a call from me.

 

[HndsmCelt]

Losing Iggy and Evans would be a disaster. That's when the really bad deals get handed out. Suddenly we have 13mil in caproom with Vivek and PDA feeling the heat from the fanbase... That's when you overpay for a guy like Monta or Calderon. Or all the other valuable free agents are gone in 7 days, which at this rate is entirely possible.

Asik would do something for me, though.

At the risk engaging in semantics, if the Kings choose not to match they will not be Losing him, they will be throwing him away.

 

[rainmaker]

Let the Pelicans mess up their own team now.

Put it this way, there is absolutely nothing preventing this from working out for us now except we ourselves making a bad decision. Send our front office on a vacation to Tahiti and let me take over for the week, and we win. We have Reke effectively locked up for a set number ($11mil), we know exactly how much other cap space we have, and since I am playing with Vivek's money not my own, you can add another $7.5mil of space to the remaining total when I amnesty Salmons. AK47 just got a call from me.

There's a number of us who would follow the same course of action. What we have little idea of is if Vivek/PDA will follow suit, or shoot themselves in the foot and set this franchise back a little over a month after coming in.

We know Malone wants Reke. It's on Vivek/PDA. I'm just worried they're too into analytics and/or making a splash than doing and seeing the obvious. Problem with rookies is we have little to go on.