Deeks: J.J. Redick's Contract with the Orlando Magic Worth Over $20 Million
by Evan Dunlap on Aug 3, 2010 2:12 PM EDT
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More details about the Orlando Magic's salary structure, specifically about J.J. Redick's front-loaded contract, have emerged thanks once again to the indefatigable Mark Deeks of ShamSports.com. Deeks just updated his NBA salary database again, and his latest addition includes Redick's previously unknown salary. We now know that Redick is owed $7.25 million this season, $6.75 million in 2011/12, and $6.19 million in 2012/13, for a total of $20.19 million.
But there's a previously unreported wrinkle to consider: the third year of that deal, which he originally received from the Chicago Bulls before the Magic matched the offer, is unguaranteed. It will become guaranteed "if not waived on or before July 8, 2012."
Not counting Jason Williams' minimum contract, to which he agreed this afternoon, Orlando's payroll for the 2010/11 season stands at $92,618,026. Over the next five seasons, the Magic are on the hook for over $281 million, including $63.4 million to Rashard Lewis and $54.2 million to Dwight Howard through 2013.
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Is it just me
or does anyone elses stomach turn when they read the phrase “63.4 million to Rashard Lewis”?
Otis Smith giving Rashard a 6th year is a pretty stupid f--k up...
Why not 5 Otis? WHY?!
Yeah, but
he is nearly the perfect compliment to Dwight.
"We have a great bunch of outside shooters. Unfortunately, all our games are played indoors." - Weldon Drew
I'll tell ya about the Magic It'll free your soul but it's like trying to tell a stranger 'bout rock n roll
"This dude is huge....I've got to go home and eat like five chickens and put a lot of weight on. It's going to take a couple months, but seriously." - Marcin Gortat about Shaq.
by NC Magic Fan on Aug 3, 2010 3:41 PM EDT up reply actions
I agree he is a very important compliment to Dwight
But I also think its a good example of Otis Smiths incompetence as a GM. We could have had him for about 3/4 the money and length of the contract. I dont recall anyone offering near what we did and the Magic were his desired destination.
You know /why/ the Magic were his desired destination don't you?
Please don't simply ignore the stats when making your case, 'cause "...your eyes lie to you sometimes..."
Stats Education::
Advanced Stats 101 @ MBN | Basketball Reference | Basketball Prospectus | 82games
It's not like anyone else was offering him anywhere close to $20 million/year...
Why didn’t we sign him to a “mere” 5 yr – $100 million contract instead of 6yr – $120 million?!
Not really
After about a million bucks, it all looks like Monopoly money to me. I just want them to win. And after The Dark’s eye-opening article on The players who “own” Rashard, I think he’s a great compliment to the team.
I really hate to use the unholy trinity in Miami as an example
BUT, each of those guys are making 15 mill and change next year. Not saying Lebron was an option and as much crap as I will give him the next decade, I think Pat Riley spent his money better than Otis did.
Ah, that thing was looking pretty rough after year 1
"I’m tired of hearing about money, money, money, money, money. I just want to play the game, drink Pepsi, wear Reebok." ~Shaq
by Max_in_Missouri on Aug 4, 2010 1:00 AM EDT up reply actions
Otis and Dwight could sit down and talk about how to clear all their space by the end of dwights contract
Whichc is almost already going to be done with how all our contracts are structured, now all we need is Howard and Nelson to be true leaders and recruit us some champs!!!!!!!!!!!
Correct me if Im wrong
But isnt Shards contract guarnteed through the ‘12-’13 season. And, again correct me if Im wrong, Dwight can opt out after the ‘11-’12 season. So, if Im correct, Shards contract will really limit what the Magic can do, FA wise, when Dwight will be making his big decision. What all that means, again if Im correct, we could lose Dwight because of Shards obscene contract (among other stupid sh*t Otis is bound to do between now and then).
You are 100% correct
Rashard guaranteed through 2012-13. And yes – the money is obscene. Enough to make both Ball Don’t Lie’s and Dimemag’s Top 10 worst free agent signings of the decade. Yuck – and yes we’re stuck.
D12 has a player option for 2012-13.
http://hoopshype.com/salaries/orlando.htm
At the end of 2011-12 D12 can take his talents to some other location – more likely if we have not won a championship by then. CP3 also has a player option at the end of 2011-12 from NO. They can be the 2 big fish in a wild free agent market after the 2011-12 season. IMO – Shard’s contract will be a huge impediment to us being able to sign another top notch free agent and keep D12. Again – if we’ve not won by then I can see D12 wanting to go elsewhere to win with a younger team rather than being with the Magic with major cap issues from Lewis as he ages and stats deteriorate even more.
I think Otis will be trying to get creative to work around this mess – get CP3 in a trade some time in the next year or so, or something. I don’t however see any team taking Lewis’ $23,790,000 salary in 2012-13 as an expiring contract off our hands.
Live life to the fullest, and do it in the fast lane
And we have reached the heart of why I do not like Otis Smith
Dwight is a once a generation big man. I lived through losing Shaq, I dont want to watch Dwight leave town. Thats why I dont understand Devos giving Otis an extension and a PROMOTION. Otis needs to hire Trader John Gabriel as a cap expert or something.
This is an expensive distraction
I don’t believe for a minute that Orlando will allow the Lewis contract to inhibit D12’s negotiations. It’ll be a side-bar, and nothing more. At worst, a 23 million dollar hit for a 3-point sharpshooter. At best, a trade to a team clearing salary cap who wants an expiring contract.
Whatever happens, this organization won’t factor Rashard’s contract into re-signing Dwight at the maximum. They learned this lesson with Shaq.
So, to your argument, Rashard’s salary gets ugly in his final year, but I don’t agree that it will play a factor in Dwight’s contract, because this ownership team (unless things change) plays to win. And there isn’t another Dwight Howard to be found.
Did you watch the Big 3 thing this year?
They chose to take less money for a chance to win. IMO the Shard money will not give us room to sign another top notch free agent such as a CP3. D12 will get max money defined by the CBA. Having the chance to win is what’s going to keep him.
Live life to the fullest, and do it in the fast lane
Lewis' contract came in another time and it made sense at that point in time.
It was the step to build the 4-1 offense.
Don't mind my spelling. I'm a Typo Master.
Lewis' contract has nothing to do with Chris Paul
If we’d signed Lewis to a more reasonable deal, the $2m or so saved wouldn’t make a fig leaf’s difference in chasing Chris Paul or any other FA. We’re over the cap by $35m – only being $33m over isn’t going to change a thing. Even if we didn’t have to pay Lewis a dime in 2012/13, we’d be only $3m under the cap.
Hate to break it to you, but Chris Paul ain’t signing for $3m.
by eltharion_doa on Aug 3, 2010 7:59 PM EDT up reply actions
Guess I wan't clear
My point was not about Chris Paul. That subject has been beaten to death. Don’t care to revisit. My point was about the Lewis contract possibly hindering our ability to resign D12. Otis has done a good job in getting/keeping tradeable assets – such as Gortat, Redick, Bass, Anderson ..;. Otis can trade and get us at a point of signifcantly less payroll than today thereby opening up free agent signing potential.
With today’s cap, teams can either have 2 max players or close to 3 (i.e. see the Heat if the players take a little less than max to attempt to build a powerhouse) and then surround the those players with other players with lesser salary demands.
My point was, and still is, that IMO Shard’s contract will not be moveable. I’ll be shocked if he doesn’t have to play out the contract with the Magic for 2012-13. Even if Otis were to move some players that have trade potential to get us far below the cap, Shard’s contract will prevent us from going after any talent to build around D12 when D12 has the player option (unless it comes in a trade not involving Rashard’s contract).
Believe me – you didn’t break any news to me about your Paul $3m thing.
Live life to the fullest, and do it in the fast lane
Howard isn't going to leave
Over one year of Lewis’ contract. He’s not going to go “oh, you can’t sign a max guy this year, but you can sign two next year – screw this, I’m taking my talents to the Bay Area.”
Howard might leave if he sees signs Orlando’s management is no longer committed to winning a title – but as long as they are, I don’t think he’s going anywhere. He’s not Chris Bosh or LeBron James, he’s not going to bail at the first easy option.
by eltharion_doa on Aug 4, 2010 3:11 PM EDT up reply actions
Dwight will get everything he wants
If he leaves, it won’t be because of money or cap issues.
by eltharion_doa on Aug 3, 2010 7:56 PM EDT up reply actions
I still don't think he'll leave
As long as the Magic are doing everything they can to win with him here, I think he’ll stay.
by eltharion_doa on Aug 3, 2010 11:24 PM EDT up reply actions
you forget that miami had a 16 win season through all the contract shuffling years
we were close to winning championships (yes they won one and we didn’t, but their team has been less than exciting these past few years)
Lewis was only making that much in his first season here too
In his sixth season, Chris Bosh will make $22.1m – only about half a million less than Lewis will get in his sixth season.
Which isn’t to say that Lewis isn’t overpaid, because he is, but you can’t realistically compare what a guy is being paid in the last three years of a max deal to what he’s being paid in the first year.
by eltharion_doa on Aug 3, 2010 7:54 PM EDT up reply actions
people can’t just save cap money for 2-3 max FAs and convince to take 15mil too. Like 8 teams failed doing that this summer. Sometimes you have to overpay for a FA, this was before Orlando was in ecf’s. Considering how Rashards been for the team, Im still very happy to have him, contract and all, not to mention all the other contracts we have that make Shards contract irrelevant.
by derekk on Aug 4, 2010 3:39 PM EDT via mobile up reply actions
Number 12? No state income tax? Awesome roller coasters and water parks?
Thats why everyone wants to live in Florida…….isnt it?
That and the winters. God I miss the winters!
"We have a great bunch of outside shooters. Unfortunately, all our games are played indoors." - Weldon Drew
I'll tell ya about the Magic It'll free your soul but it's like trying to tell a stranger 'bout rock n roll
"This dude is huge....I've got to go home and eat like five chickens and put a lot of weight on. It's going to take a couple months, but seriously." - Marcin Gortat about Shaq.
by NC Magic Fan on Aug 3, 2010 5:27 PM EDT up reply actions
Winters are nice.
Right now it feels like we’re about 6 miles from the sun though. Come on rain!
Just need to have an extra house up north you can go in the hot months =]
Could not imagine living in Florida at this time of year. Humidity must be unbearable =(
Humidity in NYC or Boston is worse than Orlando in July and August.
Hot is hot. NC had a dozen days near or over 100. The winteres are more than a fair trade.
"We have a great bunch of outside shooters. Unfortunately, all our games are played indoors." - Weldon Drew
I'll tell ya about the Magic It'll free your soul but it's like trying to tell a stranger 'bout rock n roll
"This dude is huge....I've got to go home and eat like five chickens and put a lot of weight on. It's going to take a couple months, but seriously." - Marcin Gortat about Shaq.
by NC Magic Fan on Aug 3, 2010 7:28 PM EDT up reply actions
have you ever lived in florida?
the heat index has been 105+ for about 10 days in a row now
I lived in Orlando for 7 years
Today the real feel in New York City is 109, in Orlando it is 101. The humidity in NYC is much higher than O-town.
"We have a great bunch of outside shooters. Unfortunately, all our games are played indoors." - Weldon Drew
I'll tell ya about the Magic It'll free your soul but it's like trying to tell a stranger 'bout rock n roll
"This dude is huge....I've got to go home and eat like five chickens and put a lot of weight on. It's going to take a couple months, but seriously." - Marcin Gortat about Shaq.
by NC Magic Fan on Aug 4, 2010 2:08 PM EDT up reply actions
I lived in Orlando for the first 22 years of my life and now I live in NYC (I'm 23)
Although it is extremely hot in the city today, it can’t hold a flame to the heat of Orlando/Central Florida (no pun intended). I’m not a meteorologist by any means but I believe it has something to do with Orlando being more landlocked than NYC. NYC still has the East and Hudson River bordering the East and West respectively. It was amazing this weekend though. The highest it got all weekend was in the low 80’s. I will be incredibly jealous of Orlando residents once winter roles around though.
ORL★NDO M★GIC
-SEMINOLES-;;-►
by Wally Balls 407 on Aug 4, 2010 2:58 PM EDT up reply actions
Elite team supporting cast, family city too!
by derekk on Aug 4, 2010 3:42 PM EDT via mobile up reply actions
I just hope that JJ wont use the money to make raprecords with Ryan.
Don't mind my spelling. I'm a Typo Master.
I hope he does
I want to see the whitest guys in America putting out a James/Bosh diss album.
by eltharion_doa on Aug 3, 2010 8:00 PM EDT up reply actions
Those Ryan beats were kimda lame
but if it will be a diss album, I guess thats gonna be fun.
Don't mind my spelling. I'm a Typo Master.
I still pop on Rashard’s “Ice-O” Hyperizers YouTube rap song from time to time haha. I love it! Ice-O needs a second hit “song.”
by derekk on Aug 4, 2010 3:44 PM EDT via mobile up reply actions
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