Millsap Offer Delays Hinrich Deal

The Blazers have a star in the making in LaMarcus Aldridge at Power Forward. That didn’t stop them from offering a 4-year deal to restricted free agent Paul Millsap. The offer has some interesting ramifications in regard to the rumored three-way deal involving Utah and Portland that would send Kirk Hinrich to the Blazers.

Rip City Project explains:

Just to clear up some issues on the effect an offer sheet has on Portland’s cap space, here’s two sections from the NBA Salary Cap FAQ:

There can be no compensation given to a team in return for their not matching an offer to a restricted free agent. For example, Houston could not sign Golden State’s restricted free agent, then send Golden State a draft pick in exchange for their not matching the offer and retaining the player.

…and the team’s cap room is tied up while the offer sheet is outstanding

This essentially means the Blazers can’t do anything involving the Jazz during the seven days Utah has to match the offer sheet (so no three-way trades to get Boozer to Chicago and Hinrich to Portland) and can’t make any deals that would make use of their cap space. So unless they find a balanced deal they like somewhere (and Blake/Outlaw for Hinrich doesn’t sound likely anymore), the next seven days will be quiet.

millsapSo if a Hinrich deal happens, it won’t be for at least a week. An interesting scenario would be for Utah to match the offer to Millsap, and then complete the 3-way deal with the Bulls and Portland.

I’m still a bit perplexed by Portland’s reported pursuit of Hinrich. Hinrich is a solid all-around player and you can do worse at the point. But they already have Blake and Bayless. They traded Jarrett Jack and others for Bayless during the 2008 draft. Are they already convinced he is not the answer — even as a backup? It’s even more odd considering there are reports that the Blazers are balking on including him in the rumored Hinrich deal.

After taking all this in, do you believe this rumored 3-way deal has any teeth? Doubtful.

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Tags: Jerryd Bayless Kirk Hinrich Paul Millsap

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