Rumors and Free Agent Updates - Teams are Overpaying Edition
LOY's PLACE a celtics green blog —
... Reports are that the Bobcats and Emeka Okafor are still not close to a contract agreement. The Bobcats are offering around 10 million a year and if Biedrins can get close to $11 million a year and Bogut can get over $12 million a year, then it would seem that the Bobcats are not willing to pay the market value for Okafor. Of course, he could accept the qualifying offer and become an unrestricted free agent next season, but that is always risky. ...
First Cup: Monday
ESPN.com - TrueHoop —
... Rick Bonnell of The Charlotte Observer: "[Emeka] Okafor was once offered over $12 million a season. Now, according to a source I consider credible, the Bobcats offer is much closer to a $10 million-a-season average." ...
NBA News: Biedrins Resigns, Okafor Being Lowballed, Still no deal for Josh Smith
Cavs Board —
... . Jones and Green both have non-guaranteed deals, which would allow the Knicks to cut them to get to the 15 player roster limit. Emeka Okafor is probably regretting passing up the deal that Charlotte put on the table last summer offering him $12 million per season. The Charlotte Observer is reporting that Okafor is now being offered something closer to $10 million per season . Atlanta’s Josh Smith is still without a deal, and without suggesting an actual deal being discussed, ...

