More bad news for the San Antonio Spurs and European draft prospects. It looks like yet another top Euro prospect may spurn the NBA and stay in Europe. A few sources at the Orlando camp said that former Spurs first-round pick Tiago Splitter is leaning strongly toward signing a two-year deal with his current team, Tau Ceramica. According to those same sources, the contract won't have a NBA buyout for two years.
The problem for the Spurs (and other NBA teams that draft European players late in the first round) is the NBA rookie salary cap. The Spurs, who drafted Splitter with the No. 30 pick in the draft in 2007, can't pay Splitter more than $771,000 in year one of his deal. Splitter is coming off an excellent year in Europe and can make significantly more money as a free agent in Europe.
This isn't the first time this has happened. Spain's Fran Vazquez spurned the Magic a few years ago in part because he could sign for more money in Spain. The Blazers' Rudy Fernandez is struggling with the same dilemma.
The fact that the value of the U.S. dollar is low compared to the Euro isn't helping things.
How will that affect this year's draft? Teams are doing more homework on Euro prospects and now have the very real worry that they could draft a player and he'd refuse to come into the league.
In the past teams looked for Euro projects in the late first round. They would then leave them overseas, hope they developed, and then bring them to the NBA when they were ready. Now?
There's a big concern that if they do develop, they'll never come because of the rookie salary scale. A number of players in this year's draft including Croatia's Ante Tomic and Serbia's Nikola Pekovic have signed significant deals in Europe. They won't be available to come to the NBA for a couple of years. If they are drafted in the first round, they'd have to take a large pay cut to play in the NBA someday. That has some agents pushing NBA teams to pass on their players in the first round and, instead, take them in the second round. Why? The NBA rookie scale only applies to first-round picks. A team could theoretically pay a second-round pick much more money if they have cap space or use their mid-level exception to pay him.
http://sports.espn.go.com/nba/draft2008/columns/story?columnist=ford_chad&page=Orlandodraftnotes080529