In NBA, hunt for bargains is on

Published: Tuesday, July 21, 2009 3:40 p.m. MDT
 |  E-MAIL | PRINT | FONT + - 

Free agency offers NBA have-nots the chance to instantly improve their teams, but this year the strong teams would seem to have gotten stronger.

The poor economic climate was a factor as the last two NBA champions, the Los Angeles Lakers and Boston Celtics, sought stars at bargain prices.

With the signing period open as of 12:01 a.m. today, forwards Ron Artest (Lakers) and Rasheed Wallace (Celtics) were expected to sign contracts for the mid level exception of roughly $5.6 million. Last season, Wallace made $13.7 million with the Detroit Pistons and Artest made $7.4 million with the Houston Rockets.

"In terms of the economy, it's had a significant effect on players. No one has escaped it," Dallas Mavericks owner Mark Cuban wrote in an e-mail. "Teams are searching just as hard for places to cut costs as we do to find players."

With clubs trying to avoid exceeding the luxury-tax threshold (expected to be roughly $69 million for next season), fewer mega-million-dollar contracts could be the trend.

"I definitely see a trend," ESPN analyst Jon Barry said. "Instead of chasing the money, players want to play for winners. They realize the more you win, the better off you are and you're going to make the money."

Story continues below

Wallace would join a frontcourt that includes Kevin Garnett - coming off a knee injury that sidelined him for the last month of the regular season plus the playoffs - and Paul Pierce. Artest would fill the spot left open if Trevor Ariza signs with the Rockets, as expected.

"I love the move," Barry said. "Ariza was a big loss. But if you believe Kobe Bryant has three more prime years left, then I'd rather have Artest in that window than Ariza."

Recent comments

i love trevor doing those stuff that can create plays and make the...

norman frm Phil. | July 22, 2009 at 7:18 a.m.

previousnext

Latest comments

High school players commit to BYU

And we all know that Rivals is the source we should all turn to for pure...

Lacking in chemistry, wit, and direction, "Past Life" is missing everything...

High school players commit to BYU

Congratulations.

Cedar Mountain wants high level waste disposal in a lake bed. Putting this...

Gosh guys, lighten up. So Palin wrote some notes on her hand and Gibbs poked...

UNLV bombs BYU into loss

We need to all be a bit more honest with ourselves and understand that we are...

Teachers, there's many of us that don't buy the scapegoating and think the...

Teacher merit pay debated

"Former Principal", I'm a Current Teacher and a member of my district's...

Why just minors?

Don't know about the rest of you posting here but I give a speech I sometimes...

Advertisements