June 17, 2021 | 3:29 pm EDT Update
Monte Poole: Warriors rook James Wiseman, rehabbing after meniscus surgery, on chances of offseason workouts with Kevin Garnett: ‘We should. I’m getting better rapidly, at a high rate. I’m getting better each day because I’m taking care of myself. It should still happen. For sure.’
There never was a time when it made financial sense for a star player to bypass a maximum extension or contract for the qualifying offer and it still doesn’t. In fact, the practice isn’t even common around average players just so they can enter unrestricted free agency and play elsewhere.
Since restricted free agency has been implemented, there have been few cases of players demanding trades from teams that drafted them, namely Steve Francis with the Vancouver Grizzlies and Danny Ferry with the Los Angeles Clippers. However, with the value of qualifying offers increasing significantly, and player empowerment breaking new barriers each season, it’s no surprise that public discourse over the possibility of a premier player utilizing the qualifying offer has gotten louder.
The one success story of a player who signed his qualifying offer to gain his freedom is Greg Monroe. In 2014, he came off a strong season with the Pistons meeting his previous season’s statistical averages. After four years in Detroit, he wanted a fresh start elsewhere but his restricted free agent status complicated that.
Without much leverage to get out, Monroe signed his one-year qualifying offer. In 2015 he became an unrestricted free agent and signed a three-year maximum deal worth $49.9 million with Milwaukee. His qualifying offer was worth $5.5 million while the first-year salary of a maximum contract he could’ve received in 2014 was roughly $10 million more.
Signing the qualifying offer can be very disadvantageous to players too. Williamson has a strong chance of qualifying for the designated rookie maximum extension over the next two seasons. If he signs his $17.6 million qualifying offer and then decides he wants to re-sign with New Orleans on a long-term deal afterward, he wouldn’t be eligible for the designated rookie maximum extension anymore. His is currently projected at $211.5 million over five years. Eligible players must begin the contract in their fifth season, but he can still sign for the normal 25 percent maximum contract with them. Meanwhile, signing his qualifying offer and signing a maximum contract with a new team would net him $148.3 million over that same five year span.
June 17, 2021 | 2:55 pm EDT Update
Scott Kushner: Odds from BetOnline: Next New Orleans Pelicans Head Coach Ime Udoka – 4/1, Jacque Vaughn -5/1, Teresa Weatherspoon -5/1, Jason Kidd -11/2, Charles Lee – 6/1, Fred Vinson – 6/1, Terry Stotts – 7/1, Becky Hammon-9/1, Chauncey Billups -10/1, Wes Unseld Jr. -12/1, Jeff Van Gundy – 25/1