Contract Details: Rice, Billups, Speights, Splitter
We've already passed along plenty of new details and information this week on the summer's free agent contracts, with round-ups on Monday, Wednesday, and Thursday. We've got a few more updates worth noting today, so let's dive in….
- Eric Pincus updated salary details for several teams at HoopsWorld, including the Wizards, Jazz, Raptors, Spurs, Kings, and Trail Blazers.
- Mark Deeks of ShamSports also provides new contract information for the Wizards, Trail Blazers, Warriors, Pistons, and Pacers.
- According to Deeks, Glen Rice Jr.'s deal with the Wizards is a two-year minimum-salary pact, with a guaranteed first year and a partially guaranteed ($400K) second year.
- Deeks also notes that Chauncey Billups and Marreese Speights are the only players known so far to receive actual team options on their contracts. Most other free agents reported to have signed deals with team options actually have a partially guaranteed or non-guaranteed season on their contracts (Twitter links).
- According to Pincus, Tiago Splitter's contract with the Spurs starts at $10MM, and eventually decreases to $8.25MM in year four. The deal also includes a 15% trade kicker (Twitter links).
Spurs Re-Sign Tiago Splitter
JULY 13TH: The Spurs announced via press release that the deal has been finalized.
JULY 2ND, 3:49pm: The Spurs and Splitter have reached an agreement in principle, according to ESPN.com's Marc Stein.
3:06pm: There won't be a fifth year in the Spurs' deal with Splitter, tweets Wojnarowski. However, the average annual salary will stay the same, meaning the agreement figures to be for four years and $36MM+.
2:44pm: The Spurs are putting the finishing touches on an agreement that will keep Tiago Splitter under contract for five more years, reports Adrian Wojnarowski of Yahoo! Sports (via Twitter). The deal will be worth about $45MM, according to Wojnarowski. ESPN.com's Marc Stein first reported that the two sides had "ramped up" negotiations and were expecting to reach an agreement soon, with other potential suitors falling off.
According to Wojnarowski (via Twitter), the Trail Blazers figured to be one of those rival suitors for Splitter. With the threat of a significant offer sheet from Portland looming, the Spurs decided to make a preemptive strike, working out an agreement with Splitter before he had the opportunity to sign a lucrative offer from the Blazers.
As I noted in that earlier post, an agreement with Splitter may signal that the Spurs don't expect to use room under the cap this summer. With close to $42MM in salary commitments heading into July, a new deal for Splitter and a new contract for Manu Ginobili would use up a good chunk of San Antonio's potential space, even assuming Ginobili takes a significant pay cut. At that point, the team would likely just have the mid-level exception to spend on other free agents.
Splitter, 28, has improved his production in each of his three NBA seasons, playing a career-high 24.7 minutes per contest in 81 games in 2012/13. The Arn Tellem client averaged 10.3 PPG and 6.4 RPG while shooting 56.0% from the field as a frequent starter in the Spurs' frontcourt.
Northwest Notes: Mozgov, Iggy, Splitter, Wolves
With the Thunder and Nuggets still looking strong, and the Timberwolves and Trail Blazers adding reinforcements, the Northwest could have four playoff contenders in 2013/14. Here's the latest out of the division:
- The Nuggets are getting "increasingly close" to an agreement with restricted free agent big man Timofey Mozgov, according to GM Tim Connelly (link via Christopher Dempsey of the Denver Post).
- The Nuggets' failure to re-sign Andre Iguodala wasn't for lack of trying. Within a piece about the Warriors' newest acquisition, Rusty Simmons of the San Francisco Chronicle says Iguodala passed on a front-loaded five-year, $60MM offer from the Nuggets, and nearly agreed to sign a lucrative deal with the Mavericks just an hour before reaching a deal with the Warriors.
- According to Chris Haynes of CSNNW.com, the Trail Blazers reached an agreement with Tiago Splitter on a four-year, $36MM offer sheet. However, the team backed off when it became apparent that the Spurs would match.
- Now that the Timberwolves have traded Luke Ridnour, agents for free agent point guards will begin reaching out to the team, tweets Darren Wolfson of 1500 ESPN Twin Cities. Nate Robinson's camp figures to be among those in contact with the Wolves, though Wolfson doesn't see a fit there.
- The Jazz hope to use their remaining cap space to take on another contract and pick up another draft pick, as they did in their deal with the Warriors, tweets Bill Oram of the Salt Lake Tribune.
Tiago Splitter, Spurs Making Progress In Talks
The Spurs and Tiago Splitter have "ramped up" their negotiations on a new deal, and are making progress toward an agreement, reports ESPN.com's Marc Stein (via Twitter). Stein adds in a second tweet that other teams pursuing Splitter appear to be dropping off in anticipation of the 28-year-old coming to terms with San Antonio.
Splitter, who received a qualifying offer from the Spurs worth $4.93MM, figures to be in for a sizable raise on last year's $3.94MM salary. While it's not clear exactly what sort of offers the big man could be looking at, a multiyear deal with an annual salary between $6-10MM seems likely. Even if the Spurs and Splitter don't reach an agreement, he's a restricted free agent, which means the club would have the opportunity to match any rival offer sheet.
If the Spurs were to agree to terms with Splitter, it may signal that the team doesn't expect to use room under the cap this summer. With close to $42MM in salary commitments already, a new deal for Splitter and a new contract for Manu Ginobili would use up a good chunk of San Antonio's potential space, even assuming Ginobili takes a significant pay cut.
This post was first published on July 2nd at 2:32pm CST.
Spurs Notes: Ginobili, Splitter, Diaw, Draft
Six days after the Spurs lost Game 7 in Miami, San Antonio GM R.C. Buford publicly discussed the team's offseason today, addressing free-agents-to-be, option decisions, and the next steps for the club. Dan McCarney of the San Antonio Express-News has the details and the quotes from Buford, so let's round up the best of his piece:
- Manu Ginobili has indicated that he has no desire to play for another NBA team, and that feeling appears to be mutual. "I think all of our hopes are that Manu finishes his career in San Antonio," Buford said.
- Buford appeared less certain about restricted free agent Tiago Splitter, who the Spurs would like to bring back, but who figures to draw more interest on the open market. "Until we know what the market says, and how that impacts our planning for the future," Buford said. "You can’t answer with incomplete information."
- The team has yet to receive word from Boris Diaw on whether he'll exercise his $4.7MM player option, though I'd expect him to pick that up at some point this week.
- Until the Spurs resolve the situations with their own free agents, Buford isn't prepared to say whether or not the team will have the opportunity to pursue outside free agents. "There’s a lot of guys (we like)," Buford said. "You just don’t know if you can afford them."
- With the 28th and 58th picks in the draft, Buford suggested that the team isn't going into Thursday night with a specific plan on whether to draft for immediate impact or long-term potential. "You don’t know until you get to your pick what’s available," Buford said.
Northwest Notes: Shaw, Nuggets, Blazers
Here's a look at the latest out of the Northwest Division..
- New Nuggets head coach Brian Shaw told Benjamin Hochman of the Denver Post (on Twitter) that he likely won't run the triangle offense in Denver. As a former Phil Jackson pupil, many expected Shaw to implement the Zen Master's patented gameplan where ever he went. Most recently, Shaw worked under Pacers coach Frank Vogel and helped take the Pacers to the Eastern Conference finals.
- The Trail Blazers have interest in restricted free agents Tiago Splitter (Spurs) and Nikola Pekovic (Wolves), according to John Canzano of 750 The Game (on Twitter). Canzano warns, however, that the Blazers should be very reluctant to get involved in a free agent offer sheet that will be matched.
- Wolves president Flip Saunders doesn't sound as though he's looking to move up in Thursday's draft, writes Kent Youngblood of the Star Tribune. The Wolves have the No. 9 and No. 26 picks in the draft but Saunders sees this class as being full of players who are good, not great.
Real Madrid To Pursue Tiago Splitter?
TUESDAY, 8:09am: Asked about the Real Madrid rumor by Mike Monroe of the San Antonio Express-News, Splitter laughed them off, explaining that it sounds like a campaign promise made by a candidate for team president.
"That’s because they’re having an election," Splitter said. "Every guy who runs for club president promises to bring in this guy or that guy so they can get elected."
Of course, that doesn't mean Real Madrid won't try to make a play for Splitter, but as I suggested below, it'd be a long shot.
MONDAY, 3:59pm: Playing a major role for a Spurs team that appears Finals-bound, Tiago Splitter is building a nice case for a big payday this summer, when he becomes a restricted free agent. And it appears Splitter's suitors in July may not be limited to NBA teams. According to Spanish radio station Cadena SER (via the San Antonio Express-News), Spain's Real Madrid intends to make Splitter their top target this offseason.
While it's unlikely that Real Madrid will be able to compete financially with the offers Splitter will receive from NBA teams, the club can afford to pay more than many international teams. A year ago, Real Madrid landed NBA free agent Rudy Fernandez, signing him to a three-year deal worth nine million Euros — at the time, that translated to about $11.31MM USD.
Still, the bidding for Splitter figures to exceed that territory. Writing for the Express-News, Dan McCarney speculates that Splitter could be in line for an annual salary worth between $6MM and $10MM, and that sounds about right to me. Playing just 24.7 MPG in San Antonio in 2012/13, Splitter set career-highs in PPG (10.3), RPG (6.4), and several other categories, as well as posting an 18.7 PER. At age 28, he's in his prime, and figures to receive a nice raise on this year's $3.94MM salary.
Tiago Splitter Plans To Test Free Agency
Spurs center Tiago Splitter is in the midst of his best NBA season so far and certainly appears to have found a groove in San Antonio’s system. While the big man says that he’s happy with the club, he told Brazilian outlet Estado.com that he plans to test the open market this offseason, according to Jeff Garcia of ProjectSpurs.com.
“I spoke to my agent that I wanted to take a break, and not think about it during the season, and wait for the end of the season to see what are my options, what’s best for me. But surely, I am very well here in San Antonio. I will look at all of my options,” Splitter said.
In his third season with the Spurs, the 28-year-old is averaging 10.5 points and 6.2 rebounds per contest while shooting 73% from the free throw line and 57% from the floor. The Spurs can make Splitter a restricted free agent by extending him a $4.93MM qualifying offer this summer. Given his play this season, it seems likely that he’ll be in line for a raise from his current $3.9MM salary.
Spurs Frontrunners To Acquire Al Jefferson?
As ESPN.com's Chad Ford noted in his chat this afternoon, the Jazz are one of the league's most close-to-the-vest teams, which may explain why we haven't heard a ton of rumors about trade candidates and soon-to-be free agents Al Jefferson and Paul Millsap. However, according to Chris Sheridan of Sheridan Hoops, one team has emerged as a frontrunner to acquire Jefferson: the Spurs.
Sheridan points out that various members of San Antonio's and Utah's front offices used to work for the other club, strengthening the relationship between the two teams. As one source tells Sheridan: "Those teams are practically incestuous, they are on such good terms internally."
The Spurs don't have a ton of obvious trade assets, but Stephen Jackson's $10MM+ expiring contract could be used in an offer for Jefferson, who makes $15MM. From there, Sheridan suggests that a package including Tiago Splitter, Patrick Mills, and the rights to European prospects Erazem Lorbek could make some sense for both sides, though he cautions that he's not sure whether that specific deal has been discussed. Like Jefferson and Jackson, Splitter will be a free agent after this season, while Mills has a 2013/14 player option for a modest $1.13MM, so the Jazz wouldn't be giving up much future flexibility in that hypothetical trade.
Some reports have suggested the Jazz would prefer to move Millsap rather than Jefferson, while others have indicated the team would be fine with simply standing pat and keeping both big men. Given the club's secrecy when it comes to trade talks, we likely won't know for sure what Utah's intentions are until a move is made or the deadline passes.
Odds & Ends: Andersen, Splitter, Celtics, Pacers
Of the 10 NBA teams in action tonight, eight are currently in position to make the playoffs, while one of the remaining two is a shorthanded Lakers squad trying to claw its way back to .500. As we look forward to what should be an entertaining evening slate, let's round up some miscellaneous updates from around the Association….
- As Chris Tomasson of FOX Sports Florida documents, Heat coach Erik Spoelstra is talking as if he expects Chris Andersen to remain with the team for the rest of the season. If Miami does guarantee Andersen's contract, it will be the 15th guaranteed deal on the roster, meaning the Heat wouldn't have an open spot for someone like Greg Oden later in the season.
- Tiago Splitter is eligible for restricted free agency this summer and acknowledges to Jeff McDonald of the San Antonio Express-News that he can't help but think about his future. "I’m not thinking about it during the games, of course," Splitter said. "But it’s difficult not to think about it other times. It’s in your head." Splitter's preference is to re-sign with the Spurs, though he'll likely be in line for a decent raise.
- Celtics coach Doc Rivers referred to recent trade rumors involving his players as "silly," suggesting that they're media-driven rather than substantial. Greg Payne of ESPNBoston.com has the details.
- Bob Kravitz of the Indianapolis Star implores the Pacers to make a deal before the February 21st deadline if they want to be legit contenders in the Eastern Conference.
- In light of LeBron James' recent comments suggesting that his contract doesn't reflect his true value, ESPN.com's Henry Abbott and Brian Windhorst (video link) discuss the value of NBA superstars like LeBron.
- In a mailbag, Ian Thomsen of SI.com identifies 12 teams he thinks could be "buyers" as the trade deadline approaches.