Top players aren’t likely to abandon their teams
Saturday, July 01, 2006
James Walker
THE COLUMBUS DISPATCH
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CLEVELAND — About 12 hours before the start of free agency this morning at 12:01, LeBron James showed up in Quicken Loans Arena to the surprise of coach Mike Brown and the Cavaliers front office staff.
The team was holding a news conference to introduce rookie draft picks Shannon Brown and Daniel Gibson. No one called James or asked him to be present, but there he was, hiding from reporters in the back of the gym, showing support for his new teammates.
At least for a day, James tried to keep the spotlight on someone else, because he knows this summer the focus will be on his contract status.
James, Dwyane Wade, Carmelo Anthony and Chris Bosh, all drafted in 2003, hold the keys to their respective franchises. Entering the final year of their rookie contracts, they are eligible for maximum extensions, and today the teams — Cleveland, Miami, Denver and Toronto, respectively — can present their offers.
James, because he was the top pick of the class, will be offered the highest amount — a five-year deal in the range of $75 million, hinging on the final salary cap numbers next season. The players have from July 12 to Oct. 31, the start of the season, to sign extensions or pursue restricted free agency the following year.
Their decisions will have major ramifications with their respective teams and the balance of power in the NBA.
James wasn’t tipping his hand yesterday.
"It’s up to them (to offer a contract)," he said with a sarcastic smile.
All indications point to the four players staying put.
Wade’s situation should be a no-brainer. He’s coming off a championship season in Miami.
Anthony has been to the playoffs three straight years with Denver and is already the face of the Nuggets. He’ll likely be named captain next season and is seeking more of an active role in team decisions.
Bosh, who has become a star in Canada, told reporters in May that he "can’t wait to sign."
James’ situation is a little more complicated. His $90 million Nike endorsement deal would be worth even more if he played for a bigmarket team. The exposure in cities such as New York, Chicago or Los Angeles also could spur further endorsement opportunities.
Still, James said repeatedly last season that he is happy in Cleveland. He’s a local product with a rare opportunity to spend his entire career — and pursue championships — not far from his hometown of Akron. The Cavs came within one game of advancing to the Eastern Conference finals this year and should be in contention next season.
Cleveland also has made many concessions for James off the court.
The team is in the process of building a multimillion-dollar practice facility in the suburb of Independence, closer to James’ home near Akron. A James friend and business partner, Randy Mims, also travels with the team and was hired last season as a player liaison.
"I feel like we’ve done a lot of things to improve not only the organization and the amenities that come along with it, but the team also," Mike Brown said. "But again, I’m staying out of it. At the end of the day, it’s up to him and his family in terms of the decision-making process and what they want to do. But I’m optimistic about it. I’m not going to bother him about it because it’s a life decision that he has to make. He knows that we love him and we want him here, and it’s a decision he has to make."
The league’s collective bargaining agreement allows a team to exceed the salary cap to re-sign its own free agents once the player has three years’ experience. The rule, known as the Larry Bird exception because Boston was the first team allowed to exceed the cap, to retain Bird, hampered Cleveland last summer in its pursuit of guard Michael Redd.
The Milwaukee Bucks were able to offer Redd an extra year and a whopping $20 million more than the Cavs. Now that rule works to Cleveland’s advantage when it comes to James.
"That rule was basically established so there wouldn’t be as much movement and teams could keep their core group of players around like they did in the olden days, when guys would stay with a team for seven to 10 years," Washington-based agent Andre Colona said. "I think that rule is beneficial for the player and for the team in that it still allows the player to get his market value. But at the same time it tries to keep the core player with a team for a longer time to establish a great fan base."
These players are already well on their way popularitywise. Wade and James ranked first and second in jersey sales for the 2005-06 season, with Anthony finishing ninth.
With so much money involved, there is little precedent for players turning down maximum contracts, but there could be advantages.
The players and their agents hold all the leverage. A player could take another year to think through his options, then sign with his current team next year. With that route, teams could offer a six-year extension instead of five.
If the player still doesn’t sign, the teams could offer a oneyear tender, and the player would become an unrestricted free agent after the 2007-08 season.
Of course, the player would be risking injury.
The NBA is better than most professional sports in terms of keeping stars in one location. Kobe Bryant of the Los Angeles Lakers, Tim Duncan of the San Antonio Spurs and Allen Iverson of the Philadelphia 76 ers are recent examples.
Minus a late-career comeback by Michael Jordan with the Washington Wizards, Magic Johnson (Lakers), Bird (Celtics) and Jordan (Chicago Bulls) stayed with the teams that drafted them and established historic rivalries in the 1980s and 1990s. The NBA’s popularity peaked as a result. Starting today, the opportunity is there for the draft class of 2003 to set a similar course. All it would take is a stroke of the pen by each player.