There is a possibility that the Wizards could sign free agent shooting guard DeShawn Stevenson, who emerged as a solid perimeter defender with the Orlando Magic last season, the Washington Post is reporting.
Stevenson turned down a three-year, $10 million offer from the Magic earlier in the summer and is reportedly seeking a four-year contract worth $16 million.
Via Washington Post
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The Washington Wizards are expected to receive a copy of the offer sheet that restricted free agent Jared Jeffries signed with the Knicks on Friday, and will have until next Monday to match if they want to retain the forward's services. Jeffries representatives, however, are pleading that the Wizards let their client go.
"We signed the offer sheet with the intention of playing with the New York Knicks," Andy Miller said. "We hope that the Wizards respect Jared's wishes and allow him to move on with his career."
According to sources, the New York offer contains a couple of provisions that could make it more difficult for the Wizards to match, including an up-front payout of $6.5 million and a hefty trade kicker if Jeffries is traded.
Wizards owner Abe Pollin, President of Basketball Operations Ernie Grunfeld and Coach Eddie Jordan have all indicated a desire to retain Jeffries.
According to the Washington Post, the Wizards have room under the league's luxury tax threshold ($65.4 million) to match the Knicks' offer.
Via Washington Post
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Jul 30, 2006 11:04 AM EST
Isiah Thomas and Jared Jeffries' camp have reportedly done as much as they could to convince the Wizards not to match the offer sheet the forward signed with the Knicks.
It is believed that Jeffries' deal calls for him to receive 80% of his annual salary prior to the start of the season. Also, it is likely that Jeffries' contract includes a trade kicker or bonus in the event that he is dealt within five years.
The contract that Jeffries signed with New York is worth $30 million over five years instead of the $33 million over six years offered by Washington.
Via New York Daily News
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Wizards Jul 2006 Archive
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New York Daily News | Jul 29, 2006
Sources indicated the Wizards might be prevented from matching the Knicks' offer to Jared Jeffries because the contract would place them right at the luxury tax threshold.
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Washington Post | Jul 28, 2006
The New York Knicks have signed restricted free agent guard/forward Jared Jeffries to an offer sheet.
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Washington Post | Jul 26, 2006
Ernie Grunfeld said discussions with agent Andy Miller, who represents restricted free agent guard-forward Jared Jeffries, are ongoing but added that the sides are no closer to reaching an agreement.
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Washington Times | Jul 21, 2006
Wizards' owner Abe Pollin said that he will do everything he can to keep Gilbert Arenas in Washington.
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Washington Times | Jul 19, 2006
The Wizards, according to Ivan Carter, plan to retain restricted free agent guard-forward Jared Jeffries.
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New York Daily News | Jul 18, 2006
Isiah Thomas and Jared Jeffries' agent have recently had conversations about signing the restricted free agent to an offer sheet.
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Washington Post | Jul 17, 2006
Darius Songaila has agreed to a five year, $21 million deal with the Washington Wizards
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Sports Illustrated | Jul 15, 2006
Eddie Jordan finally signed a three year extension late Friday which will keep him with the Wizards for an additional three years
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Washington Times | Jul 14, 2006
Now that negotiations between Jared Jeffries and the Washington Wizards have cooled, the restricted free agent is considering taking the one-year qualifying offer where he would make $2.
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Washington Times | Jul 13, 2006
Eddie Jordan has agreed on a contract extension with the Washington Wizards that will be announced soon, possibly Thursday, The Washington Times has learned.
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Associated Press | Jul 12, 2006
Wizards guard Gilbert Arenas is ready to do almost anything to make the U.
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Journal Times | Jul 11, 2006
Jamaal Magloire is expected to be traded within the next few days and there are five teams that the Bucks' are weighing offers from.
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Arizona Republic | Jul 8, 2006
The Jared Jeffries to Phoenix via a sign and trade rumors which appeared in the Washington Times are unfounded, league sources have told the Arizona Republic.
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Washington Post | Jul 8, 2006
The Washington Wizards recently discussed a contract extension with head coach Eddie Jordan, the Washington Post is reporting.
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Washington Times | Jul 7, 2006
Jared Jeffries days in a Wizards uniform may be numbered.
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Orlando Sentinel | Jul 6, 2006
The Washington Wizards have emerged among three suitors as perhaps the front-runner for shooting guard DeShawn Stevenson, according to the Orlando Sentinel.
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Detroit News | Jul 3, 2006
"It was disappointing." -- Detroit center Ben Wallace on the team's initial contract offer
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Allentown Morning Call | Jul 2, 2006
Sixers GM Billy King put in a call to the agent of Washington forward Jared Jeffries, a restricted free agent who has received a $2.
