<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Free agent Nicolas Batum has reached agreement with Charlotte on a five-year, $120 million deal, league sources tell The Vertical.</p>— Shams Charania (@ShamsCharania) <a href="https://twitter.com/ShamsCharania/status/748788000763490304">July 1, 2016</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
He could've gotten as much as 153 million over 5 years!! That's huge for Charlotte, great deal. One of the best so far.
How and why? He isn't that good. He was basically injured the entire time. $24 million a season is wow.
Haha, I know. I realize the cap went up and all, but implying that's a good deal is hilarious. They overpaid him like crazy, because they had no other choice.
You clearly know oh so much more than I. Please do tell. Teach me how genius the Charlotte Hornets are with their free agent maneuvering. They overpaid. Everyone is getting overpaid for the next 2 seasons. Pay attention.
Yes, they overpaid... By a lot. But at the same time, the market is dramatically inflated. Its almost like saying that you overpaid for a tank of gas when oil is over $100/barrel.
22ish% of the projected cap in 2018-forward, so about $15.5/yr in yesterdays NBA money. He's eating up about 5% more of their cap now (used to play for $11.8m).
Yes, because you provided so much evidence to back this up as well. I'm glad that's over and I can move on with the next chapter in my life.
Not sure I know more than you about much else other than this. He got a $120m contract and Charlotte can offer him 7.5% increases. So his first year could easily be at $20.5m with increases that top out around $27.5 his final year. He could also have a flat $24m across all 5 but that seems unlikely if the team wants to try retain as much of their FA class as possible (which they said they do, specifically mentioning their Bird rights and Early Bird rights contracts). So, assuming he's @ $20.5m this year, and considering Kemba Walker had his best year by far with Nic alongside, I'd look at this as a system contract, not limited to Nic. With Kemba + Gilchrist + Nic at $45.5m in 2016-17, that's roughly $15m per. Nic at $24m on a team where he's carrying everything, not a good deal, Nic + Kemba + MKG at $45m? Helluva good value. Beyond that, they have freed up roughly $5-6m of what they could have been on the hook for with Nic had the paid him a true max. With that savings, who knows what they might be able to do with Williams (maybe not, he's an early Bird), Jefferson (might be able to offer a bit more than bargain basement), or Lee (kind of unlikely as he's going to get more than they can afford but who knows if they can deal Lamb somewhere). So you say it's some terrible deal is really looking at a very narrow end of the deal. Nic makes that whole team better, and because they have Kemba and MKG on cheap long term contracts, you can average his contract cost across the three of them. You wouldn't be able to do that with say a Whiteside because there's no certainty that he makes those core players better, but we know Nic definitely makes Kemba better. Add a healthy MKG, that's a heck of a trio for $45m per. So totally not buying for a minute that a) "they overpaid him like crazy" or b) "they had no other choice." They had a lot of options with Nic, Lee, Marvin, Al all on Bird contracts and Lin as a FA they could have pursued if this wasn't the direction they thought it would go. Your opinion may differ but you are going to have a hard time convincing anyone that he got overpaid let alone overpaid like crazy where a Mozgov commands $16m/year, Noah nabs $17m/year, and Bazemore might fetch more than either one of them.
Sigh do you really need us to spell it out for you. If "everyone is overpaid" then by definition, no one is actually overpaid.