Pat Beverly extension
Posted: Mon Feb 14, 2022 7:50 pm
Minnesota Timberwolves guard Patrick Beverley has agreed to a one-year, $13 million contract extension, his agent Kevin Bradbury of @Rep1Sports tells ESPN.
Wolves fan commiserate here!
https://forum.midwestvolleyball.com/phpBB3/
https://forum.midwestvolleyball.com/phpBB3/viewtopic.php?t=25140
Camden wrote:Slight overpay given that I thought he was worth about $9M a year, but it's only a one-year deal and a sizable one if they need it to match salaries in a big trade. This is a win.
monsterpile wrote:Camden wrote:Slight overpay given that I thought he was worth about $9M a year, but it's only a one-year deal and a sizable one if they need it to match salaries in a big trade. This is a win.
I agree with you Cam. I was hoping more like 8-9 million but I always figured he might be able to command more than that. The reality is Beverly has been and probably still is a starting level player. Guys like that get paid more than the mid level. Beverly is getting paid like a worthwhile starter and it keeps him here for one more year. I think it's a solid move and now the Wolves have one thing locked into the offseason. They are for sure operating as an over the cap team now.
lipoli390 wrote:monsterpile wrote:Camden wrote:Slight overpay given that I thought he was worth about $9M a year, but it's only a one-year deal and a sizable one if they need it to match salaries in a big trade. This is a win.
I agree with you Cam. I was hoping more like 8-9 million but I always figured he might be able to command more than that. The reality is Beverly has been and probably still is a starting level player. Guys like that get paid more than the mid level. Beverly is getting paid like a worthwhile starter and it keeps him here for one more year. I think it's a solid move and now the Wolves have one thing locked into the offseason. They are for sure operating as an over the cap team now.
I agree with both of you. If the Wolves let Layman, Okogie and Prince go, they'll still be $27 million under the luxury tax threshold. That will leave enough room to pay a free agent the full MLE of $10 million and still have room to spend the full BAE and sign a couple vet minimum players. And they'll have three 2nd-round picks in June along with all their future first-round picks to include in potential trades. The Wolves front office will definitively have an opportunity to improve the team before next season.
Camden wrote:lipoli390 wrote:monsterpile wrote:Camden wrote:Slight overpay given that I thought he was worth about $9M a year, but it's only a one-year deal and a sizable one if they need it to match salaries in a big trade. This is a win.
I agree with you Cam. I was hoping more like 8-9 million but I always figured he might be able to command more than that. The reality is Beverly has been and probably still is a starting level player. Guys like that get paid more than the mid level. Beverly is getting paid like a worthwhile starter and it keeps him here for one more year. I think it's a solid move and now the Wolves have one thing locked into the offseason. They are for sure operating as an over the cap team now.
I agree with both of you. If the Wolves let Layman, Okogie and Prince go, they'll still be $27 million under the luxury tax threshold. That will leave enough room to pay a free agent the full MLE of $10 million and still have room to spend the full BAE and sign a couple vet minimum players. And they'll have three 2nd-round picks in June along with all their future first-round picks to include in potential trades. The Wolves front office will definitively have an opportunity to improve the team before next season.
Good stuff, Lip. I'd add that at this point it would probably be a wise decision to re-sign Taurean Prince, assuming his contract demands are reasonable, AND use both exceptions to round out the roster.