Contrary to a report in the Jerusalem Post, the Sonics are not close to signing rookie guard Yotem Halperin to a one-year deal. The 6-5 shooting guard, who was taken in the second round of the draft (53rd overall), was tendered a standard non-guaranteed rookie contract, which allows Seattle to secure his NBA rights.
The Sonics will also tender guard Denham Brown to a rookie contract and invite him to training camp.
Via Seattle Times
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The Sonics can't begin negotiating Rashard Lewis' two-year, $25 million extension until Sept. 19, which is the anniversary of when he signed his seven-year, $60 million contract in 2002.
Still, the most important dates are in late October and Nov. 1. The NBA Board of Governors is scheduled to meet in late October and is expected to approve the sale of the Sonics to a group fronted by Oklahoma businessman Clay Bennett. It's highly unlikely that Sund would complete Lewis' deal before the new ownership group officially takes over.
Nov. 1 is the start of the regular season. Lewis said he'd like to resolve contract matters before then so he could concentrate solely on basketball.
If he doesn't sign an extension, Lewis can void the final two years of his contract that's worth about $20 million after the season and become an unrestricted free agent. If he signs the extension, he'll be under contract until 2011.
Via Seattle Times
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Luke Ridnour and Nick Collison have been a package deal since the Sonics selected them 12th and 14th in the 2003 draft.
Keeping them together beyond the 2006-07 season, however, might be extremely difficult.
General manager Rick Sund has had preliminary discussions with each about a contract extension and he will likely make them long-term offers in a few weeks, but the chances of both of them re-signing are slim.
Via Seattle Times
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Aug 2006 Archive
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SonicsCentral.com | Aug 29, 2006
The Sonics front office confirmed this afternoon to SonicsCentral.
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Seattle Times | Aug 29, 2006
Sonics center Robert Swift came away with just a few stitches after a one-car accident Friday
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ESPN | Aug 28, 2006
Guard Yotam Halperin is believed to be close to signing a deal with the Seattle SuperSonics, according to a report in The Jerusalem Post, which would make him the NBA's first Israeli player.
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Seattle Times | Aug 26, 2006
The Seattle SuperSonics are looking at Memorial Stadium as a possible loation for a new arena.
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AP | Aug 21, 2006
Ray Allen was back on the Connecticut campus this week, playing pickup games against UConn's latest crop of players and showing them just how much they still have to learn.
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Press Release | Aug 15, 2006
“This is a win-win situation for the Sonics and myself,” said Chris Wilcox in a team press release.
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Seattle Times | Aug 15, 2006
Chris Wilcox and the Seattle Sonics agreed to a three-year, $24 million deal this morning, said Jeff Fried, his agent.
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Tacoma News Tribune | Aug 15, 2006
Chris Wilcox's agent Jeff Fried sought out sign-and-trade options with a number of teams, but the only substantive offer the Sonics got was from Phoenix.
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AP | Aug 14, 2006
The Sonics and athletic power forward Chris Wilcox are nearing agreement on a three-year contract.
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Seattle Times | Aug 12, 2006
The Sonics and the agent for Chris Wilcox will resume negotiations on Monday. It appears that they have zeroed in on a three-year deal.
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Seattle Times | Aug 11, 2006
Chris Wilcox and the Sonics made progress on Thursday regarding a contract, and will continue discussions today
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AP | Aug 9, 2006
Clay Bennett, the new owner of the Seattle SuperSonics told a news conference he's looking for a site for a large scale arena-entertainment complex and he's been talking to people in Bellevue and Renton.
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AP | Aug 9, 2006
Former NBA All-Star Eddie Johnson has been arrested and charged with sexually assaulting an 8-year-old girl, authorities said Tuesday night.
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Seattle Post-Intelligencer | Aug 8, 2006
The fate of Chris Wilcox's long-term future in Seattle could be determined by a critical Thursday meeting.
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ESPN | Aug 7, 2006
New Seattle SuperSonics and Storm owner Clay Bennett was in the Seattle area on Monday to begin three days of meetings with community leaders and team officials.
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The Seattle Times | Aug 4, 2006
Reports nearly a week ago that the Sonics were on the verge of signing Chris Wilcox to three-year, $24 million deal were false, according to Rick Sund and Jeff Fried.
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Seattle Post-Intelligencer | Aug 1, 2006
There's a possibility that Sonics restricted free agent Chris Wilcox may play for the qualifying offer in 2006/07