PDA

View Full Version : Shaq and Heat in discussion: 5yr 125mil extension


DubOverdose
08-02-2005, 12:49 PM
I really think they are paying way too much. They are going to make it next to impossible to bring in any player to play alongside Wade. That will be one heckuva expiring deal in 2010 or so.



Rocky Mountain News - Shaquille O'Neal will soon sign a long-term contract to stay with the Miami Heat , a move that can hardly be considered a surprise.

Team owner Micky Arison said Monday that O'Neal's deal will become official "within a very short period" following the end of the moratorium, which was pushed back from July 22 to allow attorneys for the league and union to finish drafting a written version of the new six-year collective bargaining agreement.

The Heat is believed to be offering O'Neal a five-year deal worth around $125 million, although neither the team nor the 12-time All-Star center's representatives would comment Monday on financial specifics.

"I can assure you Shaquille will be in a Miami Heat uniform for a very long time," Arison told The Associated Press in a telephone interview from Italy.

It's unknown if O'Neal has formally opted out of the final year of his existing contract, one that would have paid him $30.6 million this coming season. Yet that move, whenever it happens, is merely a technicality that allows him to enter into a new deal.

"If Shaq stays in shape, I think he can be a great productive player for us for many, many years," Arison said.

The 7-foot-1, 327-pound O'Neal made an immediate impact during his first season with Miami, which acquired him in July 2004 from the Los Angeles Lakers in exchange for three players and a draft choice.

He averaged 22.9 points and 10.4 rebounds in the regular season, leading the league with a 60.1 field-goal percentage. O'Neal ranked sixth in the league in blocks (2.34 a game), double-doubles (43) and rebounds

HexNBA
08-02-2005, 02:52 PM
Actual deal: 5 years, 100 million - http://sports.espn.go.com/nba/news/story?id=2122716

poohrichardson
08-02-2005, 03:19 PM
Too bad his game showed a major decline this past season and probably will continue to year after year.. in two years they're going to regret this deal, especially when they don't have any rings to show for it..

echo
08-03-2005, 12:00 AM
Originally posted by: poohrichardson
Too bad his game showed a major decline this past season and probably will continue to year after year.. in two years they're going to regret this deal, especially when they don't have any rings to show for it..

Major decline? Shaq finished second in the MVP voting. He had a 60.1 FG% (best in his career) and averaged 22.9 ppg, 10.4 rpg and 2.3 bpg in 34 minutes. They improved from 42 wins to 59 wins reaching the ECF with Shaq. Shaq may not be as dominant as he was when he averaged 28 pts/11 rbs, but he's still easily the best center in the league and still a major force. Will he be worth 20 million 5 years from now? Probably not. Will he be worth 20 million a year for the next three years? For sure. Even 5 years from now he should be a top 5 center barring a major injury. And with the moves Miami made I consider them the favorite (by far) in the Eastern Conference. They've added A. Walker (who I think will actually fit in well here), J. Williams, Posey and draft pick Simien while not losing much. And Wade is only going to get better.