The Wizards are one of nine teams that reportedly lost money this season, even after revenue sharing, though that didn’t stop the team from spending major resources to keep its talent in-house this summer.
Washington inked John Wall to a four-year extension worth $170MM and kept Otto Porter in town on a four-year, $106.5MM deal. The team also made several ancillary moves and here are some notes on a few of the acquisitions:
- The backup point guard spot in Washington has been a position of weakness over the past several years. However, the Wizards believe Tim Frazier can be the answer to their problem this season, Chase Hughes of Comcast Sportsnet writes. Frazier, who scored 7.1 points and dished out 5.2 assists per night in New Orleans last season, was acquired by Washington on draft night in exchange for a second-round pick.
- Jodie Meeks appeared in just 39 games over the last two seasons because of various injuries, but despite the injury risk, the Wizards are expecting him to play a major role off the bench this season, Hughes adds in the separate piece. Washington signed Meeks to a two-year, $7MM deal this offseason.
- The Wizards brought in Mike Scott on a one-year deal this summer to add toughness and defensive awareness to the team’s second-unit, Hughes passes along in a separate piece. Scott is expected to compete with Kelly Oubre and Jason Smith for backup minutes at the power forward position.