Storyline: Josh Richardson Extension

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The Miami HEAT announced today that they have signed guard Josh Richardson to a multi-year contract extension. Per club policy, terms of the deal were not disclosed. Richardson, who was originally selected by the HEAT in the second round (40th overall) in the 2015 NBA Draft, appeared in 53 games (34 starts) last season with Miami and averaged 10.2 points, 3.2 rebounds, 2.6 assists, 1.13 steals and 30.5 minutes. He outperformed every major statistical category from his rookie campaign and was one of eight HEAT players to average double-figures in points, marking the most for any team in the NBA last season.

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Beginning Thursday, the Heat can offer Richardson a contract up to four years in length and for as much as $43 million in total value, with Richardson having the option of accepting it by the NBA-imposed deadline of the start of the regular season or opting instead, if he chooses, to become a restricted free agent next summer, with Miami having the right the exceed the cap to keep him. The Heat is expected to discuss an extension with him, and my impression is that Richardson will at least consider it, though a strong case could be made for gambling on himself and waiting for restricted free agency next summer.
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July 20, 2018 | 1:56 am EDT Update
The Warriors have no such expectations with Cousins. Next summer — assuming they bring back either Klay Thompson, Durant or both, which would cap them out — they can only give Cousins a 20-percent raise, which jumps him from $5.3 million to around $6.4 million. If he returns healthy and looks like even 80 percent of the player he was before last January’s Achilles tear — an outcome both the player and team desire — Cousins will command way more than that max Warriors number, likely in the high teens per year. And he won’t be in the discount mood, understandably, considering all the money he lost out on this summer.
Storyline: DeMarcus Cousins Free Agency
The Cavaliers waived veteran center Kendrick Perkins Tuesday so he could be free to pursue training camp deals, a source told cleveland.com. Perkins, 33, was signed by the Cavs on the final day of the regular season so he could be on their playoff roster. But Cleveland gave him a non-guaranteed, $2.4 million contract for this coming season with the hope it could be used as part of a trade.
Storyline: Kendrick Perkins Free Agency
He was like us. Not “us” in the old, non-athlete kind of way but in a bigger “us” context. An “us” we could all aspire to and appreciate. He is, as much as possible, normal. He isn’t egotistical or at all self-centred. He put team and others ahead of himself. I don’t remember a lot of “I” conversations or “me” conversations; it was generally “us” and “we” and the team. Admirable. I will fully admit to having a fondness for the young man that transcended an appreciation for his estimable basketball skills.