Magic Take Care of Dooling
Say what you will about whether the Magic want or need Dooling but they did take care of him. They first offered him the contract they gave to Anthony Johnson. It offended Dooling, but at least the Magic gave him the right of first refusal. Now this:
Rod Thorn is about to fill his most glaring vacancy, and now all he have to do is wait for Orlando to do some clerical work. The Nets have an agreement in principle to make a sign-and-trade deal for free agent Keyon Dooling, a combo guard they have pursued for years, and he'll fit right in as a reserve for starters Vince Carter and Devin Harris. "I'm hopeful ... that we can make a trade," was Thorn's closest statement resembling a confirmation Friday night.Via hoopsworld.com
An eight-year veteran, Dooling would be acquired by making use of a $3.3 million trade exception the Nets obtained in the Jason Kidd deal last February. That will now be transferred to the Magic, who will prepare a two-year contract that calls for a $3.3 million salary next year and a $3.5 million salary for 2009-10, with a partially-guaranteed third season that will pay him a pittance.
The process is expected to be completed by mid-week, after Orlando prepares the contract and the Nets give the 6-foot-3 Dooling his physical. But the process won't begin until the teams run the trade past the league Monday morning.
posted by WeRDevos @ 7:46 AM
7 Comments:
At 12:03 PM,
Anonymous said…
another report is NJ signing for 2 years with no Magic involvement:
In a deal that could come down in the next few days, the Nets are moving closer toward signing free-agent point guard Keyon Dooling, who recently turned down a two-year offer from the Magic. It is believed that the Nets would offer a deal that starts with the trade exception the Nets gained from last season's Jason Kidd trade with Dallas, valued at $3.3 million. New Jersey, ever-mindful of its cap space for the 2010 free-agent bonanza, are offering Dooling a two-year deal worth just under $7 million, a source with knowledge of the negotiations said. SportingNews
from all I read the Nets are trying to have max cap space for 2010 free agent market so maybe the 2 year deal is more likely
and even if the Magic are involved I really don't think they are doing that to "take care of Dooling" rather they are doing whatever they can to improve their team
At 4:23 PM,
WeRDevos said…
Nets can't magically sign Dooling all on their own for $3.3 because they used most of their exception on Najera.
If Dooling is lucky enough to get the $3.3 million from the Nets it will require a trade with the Magic. Getting a trade exception when they are about $1 million under the Luxury tax ain't gonna help the team any.
Anyhow, regardless of their intent, if Dooling winds up traded to get his $7 million contract the Magic will indeed have taken care of him.
At 9:30 AM,
Anonymous said…
they can use the trade exception as bait for acquiring a backup point guard from a team that is money conscious like Memphis
At 1:29 PM,
Big Figure said…
Done deal. keyon is a net and i wish him well. I think the magic trading him to a team that could sign him to more of a contract that he thought he was worth was a nice gesture/move.
At 4:34 PM,
WeRDevos said…
I agree Big.
Dooling was pissed at the $1.9 million per year offer, but even he acknowledged that the Magic did it to give him the first right to refuse the contract they then brought to A. Johnson.
And I'm in love with the idea of getting Crittenton somehow. 6'5" PGs are a rarity. He was predicted to become a Lakers starter for Phil Jackson before Memphis offered Gasol for him. If the exception and/or cash and/or a draft pick can get Crittenton the Magic end up with a much taller, much more athletic set of guards including hope for bringing Nelson off the bench eventually.
These are the type of minor deals that sometime bring great things to franchises. And it's great that Dooling can get his money to boot.
At 1:40 AM,
Mike from Illinois said…
Hopefully the Magic front office can get creative with the $3.3 million trade exception they obtained from the Nets; I guess there's no guarantee they will use it anytime soon.
At 9:08 AM,
Matt said…
I like the notion of this 6' 5" PG. I have never seen him play or don't know anything about his potential but if this guy is no worse than Jerryl Sasser or Reece Gains, coach Van Gundy, who is a very good developer of PGs, should be able to guide him in the right direction, something he could not do with Jameer due to his limitations.
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