By Marcus Thompson
Thursday, November 8th, 2007 at 8:37 pm in Uncategorized.
My colleague Tim Kawakami brought up an interesting idea to me, and the result could be the Warriors getting Monta for another year at a bargain. I know everyone, including myself, were resigned to the fact that the Warriors would lock Monta up to a phat deal this coming offseason. But this way might be best for the
Check this out, if I’m Monta Ellis, I would accept the qualifying offer he’s going to get after this season ends. The reason? If he does, he’ll become an unrestricted free agent the following season.
Hitting the market as a restricted free agent is hardly as promising as hitting the market as an unrestricted free agent. He likely won’t get many offers because a) not that many teams will have cap space; b) they know it’s a good chance the Warriors will match unless the offer is way too high; c) Gilbert Arenas, Luol Deng, Baron Davis and Andre Iguodala will be hogging most of the offers.
Provided he explodes this season and becomes an MVP candidate or something, the likelihood is that Monta will get some three-year, $15-20 million offer late in August or something. The market will probably be much better the following year, when the Warriors don’t have the ability to match. It’s risky from Monta’s end, but restricted free agents rarely get their real market value because it’s designed to aid their current team.
The risk for the Warriors is that Monta could walk after the 2007-08 season. Of course, the Warriors will still have Larry Bird rights, so they can sign him to whatever, which few teams will be able to do.
But the reward is that they’d have Monta for about $1.8 million next year (the qualify offer must be 125 percent of the previous salary, or the league minimum plus $175,000). This means the Warriors would be able to go after a free agent, such as Luol Deng, and – if they want – sign Monta the following year. That way, they’d be using their cap space on new players and not their own, which they did three years ago when they spent all their cap money on Foyle, Murphy and Richardson.
This would work out better for the Warriors and for Monta, in the long run. The Warriors would get the chance to keep their young stud while adding much-needed outside help. Monta would get the long-term, big money deal he wants.