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View Full Version : Nick Young Accepts Wizards' 1 yr $3.7M Qualifying Offer



KB-Pau-DH2012
12-19-2011, 01:10 AM
http://www.washingtonpost.com/blogs/wizards-insider/post/sources-nick-young-to-sign-one-year-deal-with-wizards/2011/12/18/gIQARnyK3O_blog.html

Restricted free agent shooting guard Nick Young is in the process of catching a red-eye flight from Los Angeles to Washington and is expected to sign his one-year, $3.7 million qualifying offer with the Wizards on Monday, according to people with knowledge of the situation.

Young is coming off a career year with the Wizards, finishing as the teamís leading scorer at 17.4 point per game. But he found a rushed free agent market that was unfavorable to players at his position ó and restricted free agents in general. Most teams around the league anticipated that the Wizards would match any offer for Young and few had the resources or willingness to give him a lucrative offer sheet.

The Wizards had hoped to sign Young to a long-term deal but were in different neighborhoods during negotiations. Three high-ranking NBA executives said Young was seeking a contract starting around $9 million per season, while the Wizards were willing to give him something closer to the mid-level exception of $5 million, according to people with knowledge of the negotiations.

Among other available shooting guards, Rodney Stuckey agreed to sign a three-year deal with Detroit worth $25 million; Marcus Thornton signed with Sacramento for four years and $33 million; and Jason Richardson agreed to a four-year deal worth $25 million to stay in Orlando. But veterans Jamal Crawford and Richard Hamilton both agreed to short-term deals that will pay them $5 million this season. Denver restricted free agent guard Arron Afflalo remains unsigned.

By signing his qualifying offer, Young will become an unrestricted free agent next season, when the market is expected to be better. Several teams are expected to have considerable salary cap room and few young guards will be available.

Young missed all of training camp and the Wizardsí first preseason game, a 103-78 loss to the Philadelphia 76ers, and didnít want to miss more time.

The Wizards will play the 76ers in their next and final preseason game on Tuesday. Young isnít expected to be available for that game, but he has been working out on his own in Los Angeles, according to sources.

The Wizards will open the season on Dec. 26 at home against the New Jersey Nets.

Young becomes the 12th player Ė and third this year Ė to sign his qualifying tender since rookie scale contracts were established in 1995. Spencer Hawes signed his one-year, $4.1 qualifying offer from Philadelphia and Marco Belinelli signed a one-year, $3.4 million qualifying offer from the New Orleans Hornets.

Ben Gordon, Raymond Felton, Michael Olowokandi, Stromile Swift, Robert Swift, Mickael Pietrus, Melvin Ely, Vladimir Radmanovic and Rasho Nesterovic are the other players who decided to sign qualifying offers to become unrestricted free agents a year later.

None of those players wound up re-signing with their teams, but the Wizards remain optimistic about keeping Young since the team can pay him more money. The Wizards could offer Young five years with 7.5 percent annual raises, while other teams can only give him a four-year deal with 4.5 percent raises.

BranWingss
12-19-2011, 01:11 AM
Bit cheaper than that rumored 9M a year deal. Good deal for Washington here.

Bulls_fan90
12-19-2011, 01:19 AM
Bit cheaper than that rumored 9M a year deal. Good deal for Washington here.

How is it a good deal? Now he's gone after the season, he'll become an unrestricted free agent.

Chronz
12-19-2011, 01:25 AM
Bit cheaper than that rumored 9M a year deal. Good deal for Washington here.
Good deal for a year, its like a franchise tag. Hes forced to stay an extra year then hes getting his money or hes gone.

Good move on their part though, I wouldn't shell out 9M for potential, hes a midrange guy but thats it.

S-Dot
12-19-2011, 01:53 AM
thats good news for Washington. The Wiz are not looking good

thekmp211
12-19-2011, 01:53 AM
if he improves again this year he'll probably be able to command the kind of money he was looking for this offseason.

AlwaysAFan718
12-19-2011, 03:43 AM
Disrespectful contract IMO he's worth more

3ballbomber
12-19-2011, 03:48 AM
Am i the only one who doesnt really like this kid.

Iron24th
12-19-2011, 04:00 AM
He's getting paid the same amount as shannon brown,wow terrible.

John Walls Era
12-19-2011, 04:04 AM
Should go after arron afflalo instead.

iggypop123
12-19-2011, 04:08 AM
he wants a marcus thorton type deal. its only fair since he is the eastern conferece version of him. he's gone next season. one of the free agenty 2012 class losers will have to pay up for him

imReallyCHI
12-19-2011, 04:31 AM
he'll get way more once hes unrestricted

MackShock
12-19-2011, 05:40 AM
3.7 million is not quite 9 million, Nick.

You can score but do nothing else. Too bad you couldn't score 9 million :)

Wade>You
12-19-2011, 07:28 AM
3.7 million is not quite 9 million, Nick.

You can score but do nothing else. Too bad you couldn't score 9 million :):laugh2::cheers:

Antipod
12-19-2011, 07:50 AM
He`s gone next summer !

NYKNYGNYY
12-19-2011, 08:29 AM
well i guess next year hes going to miami ny or la, deffinatly not staying in washington especially after that disrespectful contract, (which i would gladly take)

justinnum1
12-19-2011, 08:31 AM
this idiot thought he would get 9mil per lmfao

chucker

Chi StateOfMind
12-19-2011, 08:44 AM
Last time I checked 3.7 isn't 9. I realize 9 was way too high but this contract makes me wonder why so low.

mdm692
12-19-2011, 08:58 AM
this idiot thought he would get 9mil per lmfao

chucker

he actually can but the teams in desperate need of a 2 guard cant afford him and the ones who can afford him arent that desperate. He probably will get close to 10per once he is UFA.

GoferKing_
12-19-2011, 09:07 AM
10 mil for him is just ridiculus, 5 mil max for this one dimensional player.