08-03-2006, 08:40 PM
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#3 (permalink)
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Angel Wings
Join Date: Jun 2004
Posts: 22,585
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Re: Wizards sign DeShawn Stevenson
WOW, a minimum deal
Quote:
According to Bartelstein, Stevenson agreed to a two-year contract worth the NBA minimum salary. Since he has six-plus years of service, that would be $932,015 for the first year. Stevenson has a player option in the second year of the contract.
The deal is a pretty big blow to Stevenson financially. He opted out of a contract this spring that would have paid him $3 million and then turned down a three-year, $10 million contract from the Magic in early July.
Stevenson then changed agents and agreed to the deal with the Wizards.
"There just isn't much money left out there," Bartelstein said. "This gives DeShawn an excellent opportunity to play significant minutes on a very good team. I think by next summer, the rest of the league will see his real value and he'll earn back the money he lost."
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