Sunday, July 27, 2008

BIEDRINS RE-SIGNS

According to Marc Stein of ESPN, Andris Biedrins has agreed to a 6-year / $54 million contract with the Golden State Warriors. The contract can reach a total as high as $62 million if Biedrins can meet several incentives not yet made public. The 6th year is a player option and it puts the Warriors right up against the luxury tax this year. Without any serious bidders in the NBA, his agent, Bill Duffy, used the threat of signing with deep pocketed Russian teams as a way to get Mullin to commit to a generous contract.

If the contract is structured the same way as Monta Ellis' contract, the salary payouts could be equal throughout the 6 years of the contract. This is the approximate financial situation for the team if this is the case:


(click to enlarge graphic)

The potential windfall in capspace for the summer of 2010 takes a big hit, but 2013 could be the year Mullin makes a big splash again in the Free Agent market. The team will be pushed up against the luxury tax this year and will get a little relief the following year when Adonal Foyle's contract comes off the books (all except $100k according to Tim Kawakami).

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