ESPN.com - DeShawn Stevenson rejected a three-year deal from the Orlando Magic worth $10 million last month.
Now, the free agent guard who wanted a four-year deal, is settling for a two-year deal at the league minimum to play for the Washington Wizards .
The deal includes a player option for next season making it very likely Stevenson will be a free agent again next season.
Stevenson's new agent Mark Bartelstein says their just wasn't a lot of money left out in the market.
"There just isn't much money left out there," Bartelstein said. "This gives DeShawn an excellent opportunity to play significant minutes on a very good team. I think by next summer, the rest of the league will see his real value and he'll earn back the money he lost."
The next big step for the Wizards will be deciding whether to match the Knicks' offer sheet to restricted free agent Jared Jeffries.
The Knicks made Jeffries a five-year, $30 million offer that the Wizards have until Monday to match. Several sources familiar with the Wizards' thinking believe that they are leaning against matching the offer due to luxury tax concerns. Matching the Knicks offer would put the Wizards over the luxury tax threshold.
I don't think so. The Wizards will match because They will have to be over the luxury tax next season because they want to re-sign Caron Butler. They only have 7 players on contract for the 07-08 season. They are going to nhave to sign a lot more players. And if they dont get Jeffries or keep trying to stay under the luxury tax than their team is gonna suck because they will have no good players. I think they will match.
i agree with shafir. i was mad that david lee wasnt gettin much playin time. if the knicks get jeffries he is goin to get less playin time. i hope the wizards match the offer. and balkman can be a big key for this team. if he plays the way he played in the summer league he can make the knicks so much better.
I don't believe that part. I think the Wizards are going to match.
Stevenson was rumored to go to the Wizards before the Knicks even signed Jeffries to the offer sheet. Once the Wizards got the offer sheet, which was after the Stevenson rumors, Grunfeld said that he was going to match the offer sheet.