Official 2008 Free Agency Thread

[golfer2]

From:
http://sports.espn.go.com/nba/news/story?id=3584268

9/12/2008

"NBA front-office sources told ESPN.com's Marc Stein that the Cavs signed guard Delonte West to a three-year deal worth $12.5 million.

The Cavaliers hold a team option on the third year.

Cleveland wanted to limit West, a restricted free agent, to two guaranteed seasons to preserve as much financial flexibility as possible for the summer of 2010, when LeBron James is an unrestricted free agent. But West, sources said, is guaranteed $500,000 for the 2010-11 season from the Cavs in the event they decline to pick up his option."

[arenas809]

West’s contract starts at $3,850,000 this season, a source said. It’s a three-year deal worth $12,705,000. He will be paid $4,235,000 in 2009-10 and $4,620,000 in 2010-11. The third year might not be a club option, as once thought, but it’s conditional. West has $500,000 in salary protection in the third year. If he’s on the roster by a certain date — perhaps by July 1, 2010 — his contract will become guaranteed. But the Cavs can waive him and he would be owed $500,000.