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  #1  
Old 07-14-06, 09:28 AM
Amente's Avatar
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Nuggets Have Luxury Tax In Mind In Regards To Elson's Offer Sheet

Rocky Mountain News - The offer sheet that Francisco Elson signed with the San Antonio Spurs is expected to arrive in Denver on Friday. Elson signed a two-year $6 million deal and the Nuggets will have seven days to match it.

"They should have it by (today)," Elson's agent, Calvin Andrews, said.

The Nuggets are very close to the luxury tax threshold and may pass on matching the offer for that very reason.

http://www.rockymountainnews.com/drm...843823,00.html
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Old 07-14-06, 10:43 AM
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Quote:
Originally Posted by Amente
Rocky Mountain News - The offer sheet that Francisco Elson signed with the San Antonio Spurs is expected to arrive in Denver on Friday. Elson signed a two-year $6 million deal and the Nuggets will have seven days to match it.

"They should have it by (today)," Elson's agent, Calvin Andrews, said.

The Nuggets are very close to the luxury tax threshold and may pass on matching the offer for that very reason.

http://www.rockymountainnews.com/drm...843823,00.html
lucky Nuggets have one more reason not to match.

(would you pay 3 million a years for Elsons services? hell no!!!
would you pay 6 million a year? do you try to muck me up???)
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Old 07-14-06, 10:49 AM
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Elson update

Warkentien said the Nuggets will evaluate the two-year, $6 million offer sheet San Antonio made to restricted free-agent center Francisco Elson.

Elson signed it Wednesday, though because of delays in transmitting the contract to Denver, the Nuggets' seven-day period to match did not begin until Thursday.

"We'll make a decision on day six or seven," Warkentien said.

Elson's agent, Calvin Andrews, said he did not know whether the Nuggets would match, though Karl spoke pessimistically about that prospect Wednesday. Elson also sounded prepared to join another team.

"Obviously I expect to get a lot of minutes," he said Wednesday. "The time that I spent here and the experience that I got from here, hopefully, it carries over to the next team that I'm going to."
-Denver Post
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Old 07-14-06, 01:33 PM
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I think he's a lock to come to SA. Denver has little money to use.
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Old 07-14-06, 01:36 PM
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If I would be the thuggets, I would ship him off ASAP, and also try to attach KMart to the contract somehow...
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Old 07-14-06, 01:39 PM
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Denver please match the offer ASAP so that Jak can be signed.
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Old 07-14-06, 01:41 PM
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Quote:
Originally Posted by intlspurshk
Denver please match the offer ASAP so that Jak can be signed.
Keep dreamin'. He's a Spur come day 6.
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Old 07-17-06, 11:37 AM
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Smith sighing could affect Elson decision!


Youthful approach

By Chris Tomasson, Rocky Mountain News
July 17, 2006
The Nuggets' long search for a shooting guard might be over.
A source said Sunday the Nuggets are close to acquiring J.R. Smith, an up-and-coming guard who played last season for the New Orleans/Oklahoma City Hornets.

In a deal that was announced Friday, Smith was traded with forward P.J. Brown from the Hornets to the Chicago Bulls for forward Tyson Chandler. The trade is expected to become official after Brown and Smith take physicals Wednesday.

The source said the Bulls then plan to trade Smith to the Nuggets for guard Howard Eisley, who has a nonguaranteed contract, and two future second-round picks. The Bulls, who need to clear salary cap room to sign free-agent forward Adrian Griffin, then would waive Eisley.

Smith will make $1.39 million next season. With Eisley having a nonguaranteed contract for the veteran minimum of $1.18 million, the trade works under NBA rules...............

With the Nuggets approaching the luxury tax of $65.4 million, getting an economical contract such as Smith's could help. With a Smith acquisition and with Nene signing a six-year, $60 million contract this week, the Nuggets would be in line to have 11 players with guaranteed deals totaling just more than $60 million.

Acquiring Smith also might give the Nuggets more of a desire to match the two-year, $6 million offer sheet given last week by San Antonio to restricted free-agent center Francisco Elson. The Nuggets have until Thursday to decide.

.......Such a signing, though, could not occur until next week at the earliest since the Bulls would need to wait seven days for Eisley to clear waivers.

Smith is under contract for next season. The Nuggets would need to decide by Oct. 31 whether to pick up his $2.14 million option for 2007-08.

http://www.rockymountainnews.com/drm...849650,00.html
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  #9  
Old 07-17-06, 11:39 AM
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Quote:
Originally Posted by intlspurshk
Denver please match the offer ASAP so that Jak can be signed.
Jaktovas already signed with Greece.
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  #10  
Old 07-17-06, 11:41 AM
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yeah he could not wait even though spurs wanted years for him to recover
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