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Tim Duncan takes a pay cut because it will help the Spurs

Discussion in 'NBA Dish' started by wizkid83, Oct 30, 2007.

  1. wizkid83

    wizkid83 Member

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    Duncan will take less than maximum salary

    By Johnny Ludden, Yahoo! Sports
    October 29, 2007





    WATCH VIDEO: Which teams can knock off the defending champs this season? (Getty)




    With NBA commissioner David Stern set to present Tim Duncan his fourth championship ring on Tuesday, the San Antonio Spurs forward has made it clear he has no plans to leave the court – or San Antonio – anytime soon.

    Duncan has reached agreement with the Spurs on a two-year, $40 million extension that figures to give the team enough salary-cap flexibility to continue to surround him with a competitive support cast in the waning seasons of his career, two sources with knowledge of the deal said Monday.

    By signing the extension, which is expected to be finalized within the next few days, Duncan forfeits his option to become a free agent after this season. He will be under contract with the Spurs until the summer of 2012.

    The extension doesn't come as a surprise. Duncan, 31, said prior to last season's NBA Finals he felt as healthy as he has been in years and hoped to continue playing "as long as I can."

    But what is notable about the deal are the terms: Although Duncan is eligible to receive a two-year extension worth about $51 million under the NBA's collective bargaining agreement, he agreed to nearly $11 million less because it could afford the Spurs greater flexibility to pursue free agents after the 2009-10 season.

    Duncan and his agent, Lon Babby, met with Spurs coach Gregg Popovich and general manager R.C. Buford at Popovich's house prior to the start of training camp. Well aware of Duncan's value to the franchise – the Spurs likely would not be in San Antonio had he not guided them to their first title in 1999 – Popovich and Buford presented him with a maximum offer during the meeting. But they also made a detailed presentation of their plans for the team's long-term future and showed Duncan the possible impact of his accepting a lesser extension.

    After a few weeks of deliberation, Duncan agreed to the $40 million extension. He will make $22.2 million in the final year of his current contract, with his salary dropping to about $18.7 million in the first year of the extension.

    Duncan will be 34 when the extension begins. Tony Parker is the only other player currently scheduled to be under contract following the 2009-10 season, but the Spurs also will be in position to re-sign their third star, Manu Ginobili, that summer if they want.

    The Spurs also are expected to eventually extend Popovich's contract to coincide with that of Duncan's.



    http://sports.yahoo.com/nba/news;_y...zk5nYcB?slug=jy-tim102907&prov=yhoo&type=lgns

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    Not the biggest fan of the Spurs but to give up $11 Million dollars because it'd help your team, a franchise that can get one of the best players in his prime to do that must be doing something right.
     
  2. A_3PO

    A_3PO Member

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    Except for the whining to the refs, I love TD as a player. This move takes him to another level IMO.
     
  3. ccjj

    ccjj Member

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    Let's see if Tmac will take less to sign with the Rockets after 09/10 :D
     
  4. BimaThug

    BimaThug Resident Capologist
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    Well, if anyone was beginning to think that the Spurs' front office was slipping after the Scola trade, I guess you'd better think again. This move is another in a long line of smart moves made with the Spurs' long-term goals in mind. I seriously doubt almost any other team makes moves like these. Plus, the Spurs managed to get under the luxury tax threshhold by dumping Beno Udrih's salary on Minnesota. They had to throw in a bunch of cash, but the Spurs got back a conditional second rounder from Minnesota and end up saving a lot more than they paid. (By the way, I don't see why the Rockets couldn't have done a deal like this with Jackie Butler or Justin Reed.)
     
  5. BetterThanI

    BetterThanI Member

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    It's amazing how many players say they are committed to bringing a championship to their team, yet are unwilling to make a sacrifice like this. I'm not a huge TD fan, but I have to admit this is a class act.
     
  6. NIKEstrad

    NIKEstrad Member

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    Beno Udrih is loads more desirable than Butler or Reed -- he even makes less money to boot.
     
  7. Yaozer

    Yaozer Member

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    Shaq did it first before winning that championship in Miami. I'm not a fan of Duncan at all, but I do feel kinda bad for him because the Spurs aren't winning it this year (WE ARE!).. so all that is for nothing.
     
  8. playlife

    playlife Member

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    The wolves cut Udrih after he was traded
     
  9. MONON

    MONON Member

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    The Spurs didn't have to cut anyone, whereas the Rockets had to cut 4. Why not wait till after the cuts and see who's available. If we had cut Alston, Minny would have just signed him instead of trading for Uhrich. By the way, has anyone picked up Butler or Reed yet?
     
  10. 101 6 7

    101 6 7 Member

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    The Spurs now have TWO players under contract past '10: Duncan, Parker.

    The following are available, as of now, after that season:

    'Melo
    Wade
    L. James
     
  11. tigermission1

    tigermission1 Member

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    Umm...he's will still get $20 per to play basketball. It's not much of a 'sacrifice', really. He's still getting pretty close to the max and will end up adding nearly $40 mil to his bank account before by the time it's all over.

    Now, taking the vets min to try and win a championship (like Karl Malone did with the Lakers, or what CB did with us, when they could've gotten much, much more elsewhere) is much more of a financial sacrifice.

    Duncan's benevolence, in this case, is overstated...and that's coming from a huge TD fan.

    I wouldn't worry too much about that, the guy will likely be in the 'twilight' of his career by then. I would like to think that if Yao remains healthy and he's in the prime years of his career, then the Rockets will be much more of a 'destination' than SA is for highly touted free agents. That being said, it's highly unlikely than any of those big ticket guys will bolt. It's much more likely that they will stick around where they already are and their teams will continue to try and build around them.
     
    #11 tigermission1, Oct 30, 2007
    Last edited: Oct 30, 2007
  12. 101 6 7

    101 6 7 Member

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    He left $12,000,000 on the table. That IS a sacrifice, any way you slice it.

    As for twilight; he'll be 34; Malone was 40 when he made the sacrifice you address; I'm thinking Duncan will still be one of the best in the game; Parker will be in his prime then, and one of the best point guards; don't discount HIS ability to lure, either. It's not the players that attract the FA alone; it's the organization. The Spurs are building more and more credibility in that regard.
     
  13. jason_long

    jason_long Member

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    good spirit, tim. Every team would love to have a player like him. He is a good example of the league, although he is really boring.
     
  14. Air Langhi

    Air Langhi Contributing Member

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    12 mil is a lot of money and I am sure teams would have been fighting each other to give it to him.
     
  15. TeamUSA

    TeamUSA Member

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    is that enough to feed his family? ;)
     
  16. LongTimeFan

    LongTimeFan Member

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    Will the player association allow this? I think this sets a dangerous precedent.. now every team will think their star player is selfish for wanting the maximum instead of five million less. I applaud TD for putting the team first.. I'm just not sure this is essentially good for the game.
     
  17. jopatmc

    jopatmc Member

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    Wade will be interested at that time with Shaq gone.
     
  18. Lemarc

    Lemarc Member

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    Spurs build teams like they have done it before in another era; they creep me out...i will enjoy pummeling them repeatedly.
     
  19. Rocketman95

    Rocketman95 Hangout Boy

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    A whole lot can happen in three years.
     
  20. tigermission1

    tigermission1 Member

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    Not really, the problem is you're choosing to focus on what he "left on the table" instead of what he "got"; again, he'll be making roughly $40 mil over two years. That still puts him in the upper-echelon of players in the league as far as salaries are concerned. Leaving $12 mil over two years on the table is a small 'sacrifice' to make for 1) Continuing to play in your adopted hometown, a place and an organization you're comfortable with; and 2) maintaining a winning tradition and helping to contribute to your legacy.

    TD isn't and never will be the 'iron man' Karl Malone was. Malone at 37 was still one of the best in the league. VERY few players in NBA history can compare to Malone's physical conditioning, and certainly not Duncan.

    He will still be a good player, but I am not sure "MVP candidate" good.

    Parker is a very good player, but no one is coming to SA to play with Parker or Genobili, they're coming to play with TD. Parker doesn't have that kind of pull...

    The Spurs are the best organization in sports, period. They've been so for a few years now. No organization has been as well-managed or proven to be as efficient as they've been. NBA GM's readily admit that the Spurs are the 'model franchise'.
     

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