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Morris Peterson Rumors

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Morris Peterson
Morris Peterson
Position: -
Born: 08/26/77
Height: 6-7 / 2.01
Weight:214 lbs. / 97.5 kg.
Earnings: $41,870,159 ($52,849,057*)
Sure was nice to see Mo Pete for a bit, he’s living down in Florida, looks like he’s quite enjoying life and catching up was cool. Good kid, Mo. We got to talking, of course, about his time in Toronto and one thing he said hit home. He was remembering his rookie year and the start of his career and how much having a solid veteran crew helped him along. Not only because of what he learned on the court but what he learned about being a pro.
Shinn: One of those questions was the team’s financial condition. Shortly after the NBA takeover, reports indicated the team was burdened with a great deal of long-term debt (about $111 million). How did the team get into that long-term debt that seemed to be prevalent? I think our long-term debt situation came when we started to try to build a team. When we first signed Peja (Stojakovic) and we signed him to a big (five years, $64 million) contract, and for the next year we wanted to take another step forward and the way to do that was to sign another free agent. And Morris Peterson was there (four years, $23 million). I talked to our GM at the time, Jeff Bower. We wanted to sign him, and it was going to cost money. We had to get rid of some other players to get our payroll down. During that time, we didn’t get rid of those players.