Fourth Of July Free Agency Wrap-Up

In a particularly dry free agency day, one piece of news immediately jumped out and turned the whole day on its head. Here are the major headlines from the Fourth of July:

Steve Nash Heads to Rival Lakers:

The biggest news of the day was Steve Nash’s decision to play with Kobe Bryant on the Los Angeles Lakers, Phoenix’s biggest and most hated divisional rival. Although calling what the Lakers and Suns have a “rivalry” might not be completely accurate since Los Angeles seems to get the best of Phoenix every time these two teams meet, Nash’s decision quickly dissolved the happy memories of his time in Phoenix into outrage over his decision to put on the yellow and purple colors. Nash explained that the decision was influenced by his desire to be close to his three children in Phoenix and wished the Suns organization nothing but the best for the future, but there’s no question his departure for LA is still a stab in the back to the city of Phoenix. Nash signed a three-year deal with Los Angeles worth around $25 million, instantly turning Los Angeles into title contenders once again. How Nash and Kobe will function on offense remains to be seen, as both guards need the ball to be effective, but there’s no question that having a quality point guard like Nash increases a team’s pick-and-roll game and overall success. Suns management continued to baffle fans with this trade, as the Suns only got four future draft picks for their beloved marquee player who will now leave to join Phoenix’s hated rival. Phoenix received first-round picks in 2013 and 2015 and second-rounders in 2013 and 2014. Not bad overall, but certainly not worth Nash and definitely not enough to raise a fan base’s faith in their management, especially considering Phoenix’s history of wasting draft picks in exchange for cash considerations. To make matters worse for his former team, Nash will try and talk Grant Hill into joining him in LA. Hill said he would either join the Lakers or retire, but considering the fact that he went to Germany for a knee procedure (the same one that revitalized Kobe Bryant’s knee), it doesn’t seem that Hill is ready to retire just yet. If Hill does head to LA to join Nash, the Lakers could be looking at a potential lineup of Nash, Kobe, Ron Artest, Pau Gasol, Andrew Bynum with Hill, Steve Blake and Jordan Hill on the bench. Not bad at all, especially since the Lakers could look into Dwight Howard either next year or in a trade for Gasol/Bynum. Overall, it was a horrible day for Phoenix fans and a glorious one for LA supporters.

Nash will be joining Kobe in Los Angeles, much to the chagrin of every basketball fan in Phoenix.

Suns Sign Dragic and Beasley:

In a feeble attempt to compensate for Steve Nash’s departure for LA, the Suns signed Goran Dragic and Michael Beasley. Dragic was signed to a four-year deal worth $34 million and Beasley was signed to an $18 million deal for three years. Dragic was a very good signing by the Suns, especially now that Nash is gone. Considering how Dragic thrived in Houston as a starter when Kyle Lowry sat out, the Suns are getting a quality player who deserves a better contract as a starting point guard. As an added bonus, Phoenix was always particularly fond of Dragic when he backed up Nash and will be happy to welcome his back. Unfortunately, the signing of Beasley won’t get many (smart) Suns fans excited. Beasley is a decent player at best and considering how many of those are already on the roster, this isn’t the kind of quality player Phoenix needs, especially with Nash and possibly Hill leaving.

Nash is gone, but the Suns got a consolation prize in potential breakout star Goran Dragic.

Houston Offers Jeremy Lin a Deal: 

The Rockets have offered Jeremy Lin a four-year deal worth around $30 million. The Knicks can almost match Houston’s offer (four years, $24.5 million), but have made it clear they would have to think hard about matching other teams’ high offers for the breakout point guard. After losing Dragic to Phoenix, the Rockets could use a quality backup for Kyle Lowry in Lin, but keep in mind that Lin and the Knicks both want a reunion. What offer New York puts on the table could decide where Lin ends up.

Could Jeremy Lin be heading back to the Houston Rockets?

Jason Kidd and Mavs Close to Signing Deal:

Jason Kidd and the Mavericks are closing in on a multi-year deal that will allow the Dallas veteran to end his career where it all began. The amount is unknown, but it will likely be a bit higher than Kidd would normally be worth after the Mavs were unable to bring Deron Williams or Goran Dragic to Dallas.

Jason Kidd will most likely be ending his career in Dallas.

Spencer Hawes Signs Extension:

Spencer Hawes will be staying in Philadelphia next year after signing a two-year, $13 million deal with the Sixers. Nothing much to report here other than the fact that the 76ers could be shaping up to be a pretty consistent threat in the playoffs for the next few years if they continue to keep so many pieces together (especially with so much youth).

Spencer Hawes will be staying in Philly after signing a two-year extension.

Thunder Add Hasheem Thabeet:

The Oklahoma City Thunder signed former number two draft pick Hasheem Thabeet to a two-year deal. Thabeet has never really panned out to be the quality player with potential he promised to be, with career averages of just over two points and two rebounds per game in his limited time on the floor. This is a questionable signing by the Thunder, especially because Serge Ibaka’s return to OKC is not guaranteed at this point.

The Thunder signed Hasheem Thabeet. For some reason.

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