Sterling Cooper Draper Pryce - Free Agent Announcements

Sterling Cooper Draper Pryce is pleased to announce that Kyle Lowry, after being courted by a few teams, is close to a decision.  Unofficial final conversations have begun with the lead club and we expect swift resolution. UPDATE: Kyle Lowry has committed to a 4 year contract worth $35.6 million with the Oklahoma City Thunder.  Details to follow.
 
Additionally, Luke Ridnour, after contemplating two similar offers, is also close to a decision. UPDATE: The Portland Trailblazers have just countersigned the new, 2-year contract for Luke.  Our client will be paid $2,704,362 over two years with a player option next season.
 
Sterling Cooper Draper Pryce is thrilled to announce Rodney Stuckey has decided to return to the Atlanta Hawks.  The contract is for $13,350,000 over 4 years with a player option.
 
Sterling Cooper Draper Pryce announces a new home for Kwame Brown!  Brown will sign with the Brooklyn Nets for 2 years at $4,060,000 with a player option.
 
Mike Dunleavy is in negotiations and expects to have a decision made regarding his next contract within the day.  UPDATE:  Mike Dunleavy has signed a 2-year contract with the New Orleans Pelicans worth $4,000,000 with a team option for the 2nd year.
 
The phones have been lighting up for Gordon Hayward.  Sterling Cooper Draper Pryce is currently awaiting a call back from an eastern conference team regarding an offer for Hayward's services.  The offer sheet could be signed as early as this afternoon. UPDATE: Gordon Hayward has signed a 5-year, $65,000,000 contract in anticipation of a sign & trade to the Boston Celtics.  Terms of the trade are forthcoming, but Gordon is thrilled to be heading to a team that has expressed significant interest in his talents.

Anthony Morrow has received interest from a contender.  Unless he is made aware of any new interest shortly, he could have a new home by this afternoon. UPDATE: After pulling their contract offer in favor of another free agent, Anthony received interest from a team poised to make some noise.  Anthony Morrow has signed a 2-year, $2,139,018 veteran minimum contract with the Milwaukee Bucks.  The 2nd year of the deal is a player option.

Lance Stephenson has signed with the Indiana Pacers for 5 years and $27,500,000.  A 5th year player option is included.

Luol Deng has several offers on the table.  He will make a decision today. UPDATE: Luol Deng to sign with the Los Angeles Lakers for slightly below the MLE. 

Alec Burks has received interest and is contemplating a new offer.

The phone has been ringing off the hook for Rudy Fernandez.  Current offers considered, a minimum contract may not be enough to lure the high-flying European shooting guard.  UPDATE: Sterling Cooper Draper Pryce is thrilled to announce that Rudy Fernandez has signed with the Utah Jazz for two years at the MLE.  The contracts totals $10,150,000 and Rudy is expected to start.  Congratulations Rudy!

UPDATE: Trevor Booker will be transferring agencies to Roc Nation.

Channing Frye, Andray Blatche, DJ Augustin and Shane Battier have all received interest.  They will be deciding within 48 hours.

UPDATE: Kirk Hinrich has two offers currently on the table and he is deciding between those two.  The decision will be made within 24 hours. UPDATE: Kirk has singed a 2 year LLE deal to become the back-up point guard for the Dallas Mavericks!  While Kirk received significant interest at the veteran minimum level and a few one year offers, the combination of two guaranteed years plus legitimate reserve minutes at this stage of his career was perfect.  Thanks everyone for your interest, but Kirk is now OFF THE MARKET!

Sterling Cooper Draper Pryce is thrilled to annouce that Patrick Patterson has signed a 2 year Cap MLE contract with the Sacramento Kings to become their starting power forward.  Patrick is thrilled with the chance to prove himself as a starter.

Norris Cole has a new home.  Norris will be signing with the Detroit Pistons to help shore up their back court.  He will receive substantial reserve minutes on a potential playoff squad.  He will be signing for the veteran minimum for two years.

Delonte West has signed with the Utah Jazz for 2 years at the LLE.  The Jazz are very excited to "complete" their off-season with Delonte's acquisition.

Shane Battier will be signing with the Portland Trailblazers for 2 years at the veteran minimum.

Channing Frye will be signing with the Milwaukee Bucks for 2 years at the veteran minimum.

Jason Smith is thrilled to re-sign with the New Orleans Pelicans.

Marvin Williams is thrilled to sign with the Toronto Raptors for 1 year and $5m.  Marvin will have a chance to prove himself and get paid while doing so.

Quincy Pondexter has justed inked his new contract with the Boston Celtics.  Boston outbid a few other teams by offering their LLE to Quincy for two years.

Andray Blatche signs a two year, veteran minimum deal with Minnesota.

Dominique Jones and Bojan Bogdanovic sign in Sacramento for two year veteran minimum contracts.

Alec Burks is thrilled to sign a 4 year, $4,180,000 contract with the Washington Wizards.

RECENT UPDATES

DJ Augustin is happy to sign with the Milwaukee Bucks.  He will have a two year contract and legitimate playing time backing up the starting guard.

Brandon Roy has signed with the Thunder for two years at the veteran minimum.

That Kyle Lowry deal averages out to around 8.9 mil per year if there's no raises. That's a steal for what he did last year, imo.

Jake0890 (MIN) wrote:That Kyle Lowry deal averages out to around 8.9 mil per year if there's no raises. That's a steal for what he did last year, imo.

Yeah would call it a steal, compared to what Miami pays for Hawes.

Good pickup for OKC as he was a key part for their team.

thanks for the update - happy to bring in Luke to POR as a key backup to Lillard at PG

It'd be nice for someone to bump this each time it is updated.

But Stuckey got paid well. Didn't expect that considering he did next to nothing last year.

Dunleavy signing official.

Ridnour went to POR over MIA?

orangeparka (MIA) wrote:Ridnour went to POR over MIA?

This quote makes me so happy

First, I am pitching for the same player as the great OP so that means I am doing something right
Second, the player chooses me

Today was not such a bad day after all  

Haha nice pickup man. Damn.

Luke preferred being 2nd string as opposed to 3rd string. Playing time is important to Luke.

SterlingCooperDraperPryce wrote:Luke preferred being 2nd string as opposed to 3rd string. Playing time is important to Luke.

The position we offered was backup PG though. And Lillard will averge more minutes than IT most likely.

Luke is from Oregon op our types don't dig south beach

Glad to have Mike Dunleavy back in the fold.

Updated - both Hayward and Morrow with new interest. Both could sign today.

I like the updates here - thanks for this

This agency in particular is doing a great job and I had a great experience negotiating the Luke Ridnour deal

No problem with sterling and gordon hayward, i have the ultimate word. But i would like the other team offers and after we will see if the offer is correct and hayward will play in utah o other team.

I waiting a news.

Updated. Hayward to Boston via S&T. Morrow to sign with Bucks.

SterlingCooperDraperPryce wrote:Updated.  Hayward to Boston via S&T.  Morrow to sign with Bucks.

Wow Boston is going to be landing Hayward? Wonder who is heading to Utah.

Great deal for hayward financially. I really like that Agency's work, getting their players nice deals on long term, deals that makes sense for both team and player. Also, very Nice at handling negociations. Great job

BTW, why didn't the Jazz retained Hayward?
They're a young but good and deep team, with a nice lineup (specially defensively) and great aspirations.. Also, they don't have any CAP to sign another SG..

Hayward was young, a scorer (which they lack) and also played nice D. Ok, he had no IQ, but he's young, it wasn't even a max deal, a 13M deal for a kid like him with potential and great ratings, and who compliments their starting 5 nicely, is very nice..

Now they lack CAP and lack an starting caliber SG.. They have picks, CAP for next year, don't get me wrong, their future is nice, but they could make some noise around the league right now..

Wow, Hayward's agent just scored for him. Don't think he's worth 13 mil, but wow, nice job SCDP.

The real question is, what team with cap space would actually pay that much for him?

I've said this multiple times but UTA should've waited. As the market dried out Hayward could've very easily signed at a reasonable deal, or taken the QO (after which you can just do the same thing next season).

He's an RFA, there's absolutely no reason to have to outbid yourself.

I also don't see Hayward being worth that contract but if I'm not the one dealing out the cash I shouldn't worry about it.

Lance Stepehenson signed.