How NBA free agency 'speed dating' produced a record $1 billion in new deals for Excel Sports: by kbadenhausen
Share to twitterKhris Middleton of the Milwaukee Bucks cashed in this summer with a $178 million contract extension.NBA free agency this summer produced a staggering level of movement among the league’s top players. Only eight of the 25 players chosen for the 2017 NBA All-Star Game remain on the same team today. The reshaping of the league produced a series of clear winners in the Los Angeles Clippers, the Utah Jazz and the Brooklyn Nets.
Schwartz walks through the case of client Ricky Rubio, a point guard who needed a new home after two years with the Jazz, who had just traded for Mike Conley Jr. The Indiana Pacers were looking to add a pair of high-impact players, and there was mutual interest in Rubio joining his friend Bojan Bogdanovic on the team. But when Bogdanovic agreed to a four-year deal with the Jazz, Rubio questioned if Indiana was the right fit for him.
DENVER, CO - APRIL 10: Jamal Murray of the Denver Nuggets celebrates after making a three over Andrew Wiggins of the Minnesota Timberwolves to take the lead with 31 seconds left during the fourth quarter of the Nuggets' 99-95 win on“In the past you would take your time; you would set up a meeting with a team and make a decision,” says Schwartz. “In this case, it was, ‘Let’s spend $3 billion in under 24 hours and hope we all still like each other in a year.
But one high-profile Excel client found those things did not align this summer. Kemba Walker was a three-time All-Star with the Charlotte Hornets and eligible for a $221 million max deal with the team. But he walked away from afrom Charlotte to sign for $141 million over four years with the Boston Celtics, who are coming off five straight playoff appearances.
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