keynote wrote:The goal of every GM should be to get bargains: guys whose production and trade value outpace their acquisition and retention costs.
Out of the new deals:
- Beal certainly feels like an overpay -- but there's a chance that it turns into a fair/good deal.
- Mahinmi feels like a FMV deal -- which means it presents no competitive advantage.
- Nicholson feels like a good deal.
- Burke's deal is the hardest to value. I'd say his acquisition costs match his potential value. Now, if he blossoms under Brooks, then we'll have to pay him FMV (or more) to keep him after next year. So, the smart play might be to evaluate him in training camp, and decide whether to float a cheaper extension his way sooner rather than later. If he continues to underperform, then we'll probably regret losing the 2021 2nd rounder pick more than the prospects of resigning him at a lower rate -- or letting him walk.
So, only one clear cut bargain out of the bunch. :-/ Things would have to go well for Beal's deal to turn into a bargain. And it will be tricky for us to actually turn Burke into a bargain, since he's essentially going into a contract year.
FWIW, Horford would've been a bargain. Ah, well.
I disagree in all respects. Most of the contracts being signed this offseason do not represent fair market value. They're due to an anomalous surge of cash chasing a finite number of free agents. I fully expected contracts to be roughly 30% higher than what we're used to because the cap is 30% higher, but we are seeing teams chasing marginal players, driving the cost up much more than 30%.
For example, Mahinmi is a very good backup center, or a sub-par starter. Those types of players typically get paid a few million above the MLE. If this was last season, I'd expect $7M for a guy like Mahinmi. So this year, he should have gotten $10M. Instead, we paid him $16m.
Likewise, a guy like Nicholson is a below average backup PF with enough intrigue to be worth maybe the cost of an average backup PF, or about $3M last year. This year, he was worth $4M. We paid him $6.5M.
Beal should not have gotten the full max. At the very least, we should have waited for another offer and matched so at least there was only 4.5% raises. If it ended up being a short deal, that's all the better. I would have let him walk and paid Garrett Temple $4M a year (or whatever he costs). I'm not convinced Beal is much better than Temple, and if he is, he's not $18M better.
The Burke move was one you make if you're a contending team and want to make sure you have a backup PG with some experience. But it's not the type of move you make if you're a 41-win team that didn't even make the playoffs. Don't give up the pick for the certainty of mediocrity. You keep the pick and take a flyer on a D-League stud or a guy who slipped out of the 2nd round.