We "Don't" Want the Monk: The Malik Monk Thread

[euphorbus]

If we sign Monk to a 4 year 64 million dollar contract I will be livid.

I doubt anyone would spend that much at this stage of his career. I also doubt that Charlotte will resign Monk, period, because the coach has not shown confidence in him. Graham is their priority, Monk a distant second. Another team is likely to offer him more money that Charlotte wants to or can afford to pay, and will offer a larger position on the court.

A sign-and-trade deal is a very real possibility, so that the Hornets do not lose everything in letting him walk.

[amcoolio]

If we sign Monk to a 4 year 64 million dollar contract I will be livid.

I doubt anyone would spend that much at this stage of his career. I also doubt that Charlotte will resign Monk, period, because the coach has not shown confidence in him. Graham is their priority, Monk a distant second. Another team is likely to offer him more money that Charlotte wants to or can afford to pay, and will offer a larger position on the court.

A sign-and-trade deal is a very real possibility, so that the Hornets do not lose everything in letting him walk.

As we shouldn't. This franchise should be done paying players for 33% of a season. Monk disappears or is injured for a good 2/3rds of every season, we need more reliable players. I'm sick of the "oh well, moral victory, maybe next year if we aren't injured" thoughts around here!

[Rich4114]

There really is a wide range of possibilities when it comes to what happens with Monk. All I was saying is I think someone whether that’s us or another team will put a dollar value on him that is higher than what a lot of people here think. Maybe I’m wrong, but the cap is always going to go up and teams pay for potential.

[euphorbus]

Monk disappears or is injured for a good 2/3rds of every season, we need more reliable players. I'm sick of the "oh well, moral victory, maybe next year if we aren't injured" thoughts around here!

In point of fact, only five Hornets played at least three-quarters of the season: Rozier, Bridges, Biyombo, Washington, and Graham.

[euphorbus]

The Finals are over, and yet we have not heard a word about a qualifying offer sheet for Malik Monk or Devonté Graham. The last day possible to submit an offer sheet for restricted free agents is August 1, next Sunday.

https://www.hoopsrumors.com/2021/05/key-2021-nba-offseason-dates-deadlines.html

[LofJ]

The Finals are over, and yet we have not heard a word about a qualifying offer sheet for Malik Monk or Devonté Graham. The last day possible to submit an offer sheet for restricted free agents is August 1, next Sunday.

https://www.hoopsrumors.com/2021/05/key-2021-nba-offseason-dates-deadlines.html

We're probably waiting till after the draft tomorrow night.

[euphorbus]

The Finals are over, and yet we have not heard a word about a qualifying offer sheet for Malik Monk or Devonté Graham. The last day possible to submit an offer sheet for restricted free agents is August 1, next Sunday.

https://www.hoopsrumors.com/2021/05/key-2021-nba-offseason-dates-deadlines.html

We're probably waiting till after the draft tomorrow night.

Nothing like a last-minute offer sheet to shout "We want you back!"

[LofJ]

The Finals are over, and yet we have not heard a word about a qualifying offer sheet for Malik Monk or Devonté Graham. The last day possible to submit an offer sheet for restricted free agents is August 1, next Sunday.

https://www.hoopsrumors.com/2021/05/key-2021-nba-offseason-dates-deadlines.html

We're probably waiting till after the draft tomorrow night.

Nothing like a last-minute offer sheet to shout "We want you back!"

If we want them back they should already know that, the qualifying offer is just a bureaucratic formality.

[euphorbus]

Qualifying Offers have been issued this week to: Hamidou Diallo, Frank Jackson, Gary Trent, Jr., Nando de Colo, Terence Davis, Bruce Brown, Jarrett Allen, and Isaiah Hartenstein.

[LofJ]

Monk probably isn't getting a qualifying offer, his cap hold would be too high.

Graham more than likely is coming back, he'll probably get his QO by the end of the week, but we'll have to see.

[JMAC3]

I feel like I saw a few things that made it seem like Melo was changing his number to 1... not sure what that means for Monk.....

[geraldwallace]

I honestly don't think we should bring back Monk, even though I'm a fan of his.

We should let him go then draft one of the two guards tomorrow night

[Vanderbilt_Grad]

The Hornets have to avoid sending the QO to Monk if they want cap room. The odds of him coming back have always been pretty slim.

[yosemiteben]

Not sure on mechanics of how it all works - is it at all possible to S&T Monk as part of a draft pick deal? I know he can't sign yet so not sure how that works, but curious if that's a tool in the toolbox on draft night.

[euphorbus]

Monk probably isn't getting a qualifying offer, his cap hold would be too high.

Graham more than likely is coming back, he'll probably get his QO by the end of the week, but we'll have to see.

Interesting that Sports Illustrated has Graham at #22 of available free agents, but Monk barely makes the board at #48. The cap hold, as you say, may well be determinative.

https://www.si.com/nba/2021/07/27/2021-nba-free-agency-rankings-top-50

[HornetJail]

Not sure on mechanics of how it all works - is it at all possible to S&T Monk as part of a draft pick deal? I know he can't sign yet so not sure how that works, but curious if that's a tool in the toolbox on draft night.

nah, then you get a Bogdanovic-Bucks situation where you're basically admitting to tampering with a FA

[HornetJail]

We have $85.8M committed to our guaranteed contracts + Batum's dead money + McDaniels + #11 pick + Devonte's minute cap hold. Assuming the estimated $112.1M cap figure holds up, Monk plus a center just need to come in at or below $26,618,957. I'm assuming the Martin twins get cut if we need to use all our money and factoring in that into the $26.6M figure. We can get to about $27.8M by cutting and stretching Nick Richards, or over $28M by trading him along with cash for cap room.

Monk's starting salary should come in around $12M tops/ Even if he gets ~4/54 from another team and we have to match, we can structure that deal so the first year is right at $12M, but I expect he gets less. That leaves $14.6M-15.8M to use on a center (depending on Richards), and there simply aren't available centers worth spending more than that amount on in FA this year anyway. A starting salary of $15.8M with max raises is 4 years $68M... that's already on the high side for Holmes, who is by far the best attainable FA center.

Just play your cards right and sign Monk early.

[Vanderbilt_Grad]

The Hornets will not be able to sign a FA center if they resign Monk. Well unless they get someone really crappy and cheap. Like a downgrade from Biz/Zeller.

Monk's cap hold is roughly 16 mil. The team projects to have somewhere north of 23 mil in space if they renounce Monk. If they keep Monk they can't sign anyone of consequence while his 16 mil QO is on the books, and if they sign him for 12 mil then they have maybe 11+ for a free agent center. That's not going to be enough to pry Holmes away from the Kings (they can match 11, but not anything more than that).

Edit: I should also add that John Hollinger's BOARDS posts where he tries to project what free agents are really worth ... the one where Dovonte' was put at $20 mil ... lists Monk as being worth less than $5 mil per year. Hollinger also lists Monk's QO as far less than the other site where I looked, at $7.3 mil. If that's accurate then maybe it's theoretically possible to sign a FA center, but still pretty iffy given Charlotte's limited cap. Devonte's lower QU makes it easier to get a center. Just QO him, sign a center, and then resign Devote' going over the cap. Link is paywalled.

https://theathletic.com/2713836/2021/07/20/2021-nba-free-agency-shooting-guard-rankings-by-bord-no-stars-but-several-starters/

[JDR720]

I'll probably regret it, but I don't rate Monk. He is a scoring guard who sometimes forgets how to score. I'd let Grant Riller take a swing at that role before signing Monk to a 10+ million per year contract.

[Rich4114]

I’d resign Monk still. I don’t think we’d have to break the bank and his trajectory was heading in a very good direction until the injury. He’s a ball handler and creator too. I’d actually sign him over Devonte if I had to pick one.