Eastern Notes: Stephenson, Miller, Knicks

July 16 at 10:15am CDT By Chuck Myron

Some Pacers players attempted to persuade the team to sweeten its offers to Lance Stephenson, but the front office resisted, according to Sean Deveney of the Sporting News. Stephenson¬†agreed early this morning to bolt for the Hornets, and as his new three-year, $27.5MM deal quickly came together, the Pacers never received the opportunity to match Charlotte’s offer, as Candace Buckner of the Indianapolis Star writes.¬†There’s more on his deal amid the latest from the Eastern Conference:

  • The Mavs made a three-year $20MM offer to Stephenson, reports Adam Zagoria of SNY.tv (Twitter link). The new Hornets two-guard would have joined the Mavs instead if the Rockets hadn’t passed on matching the Mavs’ offer sheet to Chandler Parsons, according to Chris Broussard of ESPN.com.
  • The Pacers made two different five-year offers to Stephenson, but he rejected them both, favoring a shorter arrangement, agent Alberto Ebanks tells Buckner (Twitter link). Indiana wasn’t willing to go shorter than five years, Broussard writes in his piece.
  • The Nuggets had a three-year, $12MM offer on the table for Mike Miller, but he passed it up for two years and $5.5MM with the Cavs thanks to persistent entreaties from LeBron James, as Jeff Goodman of ESPN.com details.
  • Knicks president Phil Jackson thinks the team has too many guards, and he may end up waiving Wayne Ellington, whom New York acquired in the Tyson Chandler trade, writes Marc Berman of the New York Post.
  • The Jazz almost doubled the average annual value of the deal that the Wizards were willing to give Trevor Booker, according to J. Michael of CSNWashington.com.
  • The Hawks held on to Pero Antic through Tuesday, meaning his non-guaranteed salary for 2014/15 has become fully guaranteed for $1.25MM. The same is true for Kyle O’Quinn, whose minimum salary with the Magic went from non-guaranteed to fully guaranteed when Orlando kept him Tuesday.
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