Should the Hornets take back Chris Andersen?
Posted: Sun Jan 27, 2008 2:36 am
From ESPN
Jan 26,2008
http://sports.espn.go.com/nba/news/story?id=3214792
Andersen to attempt comeback after drug suspension
Chris Andersen, who was "dismissed and disqualified" from the NBA and the New Orleans Hornets on Jan. 27, 2006, after testing positive for a prohibited substance, is eligible to apply for reinstatement beginning Sunday -- exactly two years after he was thrown out of the league.
If Andersen's application is granted, the Hornets would then have a 30-day exclusive window to tender him a contract for the remainder of the season. Sources have told ESPN.com that the Hornets are indeed quite interested in bringing Andersen back to a roster short on front-court depth.
Should the Hornets decline to sign him, Andersen would become an unrestricted free agent and could sign with any team.
When he was banished, Andersen was earning $3.5 million in the first year of a four-year, $14 million contract he had signed the previous offseason. If the Hornets want to re-sign him, they would have to tender him a contract for the remainder of the season equal to a prorated portion of his old salary. (If his salary had been above $5 million at the time of his suspension, the maximum the Hornets could have offered him for the rest of the season would have been a prorated portion of $5 million, which was the amount of the midlevel exception at that time.)
New Orleans has won 14 of 16 games to move atop the Western Conference, and it would stand to reason that they'd be interested in re-signing Andersen prior to the playoffs, adding an energy player to a front line with suspect depth behind starting big men Tyson Chandler and David West. The Hornets are nearly $5 million below the league's luxury tax threshold.
Jan 26,2008
http://sports.espn.go.com/nba/news/story?id=3214792
Andersen to attempt comeback after drug suspension
Chris Andersen, who was "dismissed and disqualified" from the NBA and the New Orleans Hornets on Jan. 27, 2006, after testing positive for a prohibited substance, is eligible to apply for reinstatement beginning Sunday -- exactly two years after he was thrown out of the league.
If Andersen's application is granted, the Hornets would then have a 30-day exclusive window to tender him a contract for the remainder of the season. Sources have told ESPN.com that the Hornets are indeed quite interested in bringing Andersen back to a roster short on front-court depth.
Should the Hornets decline to sign him, Andersen would become an unrestricted free agent and could sign with any team.
When he was banished, Andersen was earning $3.5 million in the first year of a four-year, $14 million contract he had signed the previous offseason. If the Hornets want to re-sign him, they would have to tender him a contract for the remainder of the season equal to a prorated portion of his old salary. (If his salary had been above $5 million at the time of his suspension, the maximum the Hornets could have offered him for the rest of the season would have been a prorated portion of $5 million, which was the amount of the midlevel exception at that time.)
New Orleans has won 14 of 16 games to move atop the Western Conference, and it would stand to reason that they'd be interested in re-signing Andersen prior to the playoffs, adding an energy player to a front line with suspect depth behind starting big men Tyson Chandler and David West. The Hornets are nearly $5 million below the league's luxury tax threshold.