76ers

What Robert Covington's new deal means for Sixers' future cap space

What Robert Covington's new deal means for Sixers' future cap space

The irony of Robert Covington's impending payday is that he was so drastically underpaid before that the Sixers were well-situated for another team-friendly deal.

And that's exactly what they got.

Covington is expected later this week to sign a four-year, $62 million contract to remain a Sixer. Per multiple reports, the framework of the deal is that $15 million will be added to Covington's salary this season, and then it will play out past this season as a four-year, $45 million deal.

What a steal.

Minutes after Adrian Wojnarowski reported the renegotiated terms, Paul Pierce reacted on ESPN. 

"This guy's underpaid," Pierce said. "He should be getting at least $80 million."

Hard to argue. Kent Bazemore got four years, $70 million from the Hawks. Tim Hardaway Jr. got four years, $71 million from the Knicks. Tobias Harris got four years, $64 million from the Pistons. 

Covington is arguably (perhaps more than arguably) the best all-around player in that group.

A healthy Covington could have surely received more money on the open market next summer, but that's where his previous contract came into play. Covington was making $1.6 million this season. The idea of immediately adding $15 million to his net worth was too tempting for Covington to pass up. Plus, he wanted to be here after helping build the foundation for the Sixers' future. His contract situation was always set up to play into the Sixers' favor.

What works so well for the Sixers with Covington's renegotiated contract is that they already had the cap space to give him his big raise this season. Essentially, this $15 million is a 2017-18 signing bonus that won't impact the Sixers past this season. What a great use of cap room that would've otherwise been wasted.

Moving forward, it is expected that Covington's salary will be between $10 million and $12 million the next four seasons. 

Next season's payroll
As of now, after the Covington and Embiid extensions and the denouncing of Jahlil Okafor's 2018-19 rights, the Sixers have about $30 million of cap space next summer. That assumes they bring back Richaun Holmes and T.J. McConnell at their low figures, and it excludes the cap holds of JJ Redick and Amir Johnson, who are on one-year deals.

That large figure — $30 million — would put the Sixers in a unique position next summer. As of now, only the Lakers (and maybe the Hawks) would have more money to spend.

That doesn't necessarily mean the Sixers will sign a star to a long-term deal next summer. The top of the free-agent class next summer includes LeBron James, Paul George, DeMarcus Cousins, DeAndre Jordan, Isaiah Thomas and Chris Paul.

Obviously, Cousins and Jordan are not fits with the Sixers. George's signing with the Lakers is regarded as an afterthought in NBA circles. Thomas and Paul don't make much sense either. That leaves LeBron.

I don't want to get too far off track, but at this point, it doesn't seem out of the realm of possibility that LeBron would at least take a meeting with the Sixers next summer. He's all about putting himself in the best position to win. He'll be 33 years old and probably won't want to carry yet another team for years. And the teams that have the cap space to add LeBron don't have pieces as talented, as young or as far along as the Sixers.

Just sayin'. Let's move on.

Beyond next season
To optimize their roster as much as possible, the Sixers pretty much have to use their cap space in the summer of 2018 or 2019. After that, they won't have enough room to easily fit in a star. 

Why?

Because they'll have to extend Ben Simmons and possibly Dario Saric by then. And once you do that, you don't have as much cap space. If the Sixers were to add a free agent first, however, they'd still be able to retain their own players with big deals. 

Think about what the Timberwolves did this past offseason, for example. Their window to spend on a free agent was closing because of the impending mega-deals owed to Karl-Anthony Towns and Andrew Wiggins. So the T-Wolves struck this summer, trading for Jimmy Butler and his high salary because it would have been one of the last opportunities for them to add a big difference-maker.

Looking ahead to 2019, the top projected unrestricted free agents (assuming LeBron and George find long-term homes in 2018) are Klay Thompson, Butler and Kemba Walker.

Thompson is the most ideal fit imaginable for this Sixers team. He's also the most ideal fit imaginable for practically every team in the NBA.

But if Thompson's out there in the summer of 2019, the Sixers will likely be a major player. And a major reason they'll be a major player is because they have their perpetually improving forward locked up long-term on a team-friendly deal.

Robert Covington is truly the gift that keeps on giving.

Nemanja Bjelica spurns Sixers, reportedly talking deal with Kings

Nemanja Bjelica spurns Sixers, reportedly talking deal with Kings

What exactly is going on with the Sixers?

After missing out on LeBron James, Kawhi Leonard and any and all superstar free agents this summer, even their bench, fill-out-the-roster type of guys are dodging the Sixers like a plague.

The latest being forward Nemanja Bjelica, who was in Philly (but not really) for just a bit longer than Eagle-for-a-second Frank Gore.

Bjelica, 30, reportedly agreed to a deal with the Sixers on July 5, providing a boost off the bench and an upgrade over Ersan Ilyasova. 

That was all grand until Tuesday, when news broke that Bjelica had spurned the Sixers and was going back to Europe, a source confirmed to NBC Sports Philadelphia's John Clark.

But in the greatest (or lamest) twist in a strange and sad offseason for the Sixers, Bjelica is now looking to stay in the NBA and is working toward a deal with the Sacramento Kings, according to a report by Yahoo! Sports' Shams Charania. That can't be right. No one would willingly sign with the Kings.

Bjelica posted career bests in points (6.1) and three-point percentage (41.5) last season. While he would have been a nice bench addition, it's not the end of the world. But it sure isn't a great look that the Sixers were toyed with and lost out to a lowly team like the Kings. 

After the Bryan Colangelo debacle and the star-hunting strikeout, we're officially at the "Player X would rather sign with the Kings" stage of the offseason.

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What now for Sixers after Kawhi Leonard trade to Raptors?

What now for Sixers after Kawhi Leonard trade to Raptors?

LeBron James is a Laker. Kawhi Leonard is a Raptor.

The Sixers went star hunting and came up empty. So now what for a team that won 52 games but is likely one more superstar away from winning a title?

You may not like this answer, but the correct course of action is … nothing — at least not this offseason.

The only star that could possibly be available is the Timberwolves’ Jimmy Butler — if you choose to believe the rumors. Butler, who is an outstanding two-way player, will be 29 entering next season and has an expiring deal. He already forced his way out of Chicago and reportedly wants to force his way out of Minnesota. How much are you giving up for that?

On a smaller scale, the Sixers lost Nemanja Bjelica, who reportedly agreed to sign with the team for the mid-level exception. The Serbian forward decided instead to take his talents back to the EuroLeague ... or maybe not. Bjelica certainly wasn’t a star but he appeared to be a solid bench piece that might’ve actually been an upgrade from Ersan Ilyasova. So what should the Sixers do with their MLE?

Nothing — again, at least this year.

Who do you want that’s left? Joe Johnson? Michael Beasley? Jamal Crawford? That’s three hard no’s for me.

The Sixers should go into camp with what they have and let the competition play out. Maybe they’ll figure out what to do with Jerryd Bayless’ deal or waive Richaun Holmes or sign Jonah Bolden or make a small trade, but this roster is mostly set. And that’s fine.

This team, that again won 52 games, should be better. Joel Embiid and Ben Simmons should only improve. Markelle Fultz can only go up. Dario Saric took a huge leap in Year 2 and we know the kind of worker he is. Wilson Chandler is an upgrade over any player the Sixers had on the bench last year, especially when you factor in defense.

They’re not the favorites to win the East, nor should they be. But that’s fine. With the Warriors continuing to load up and James now out West, what chance does any team in the East have? (Zero is the answer, by the way). 

Fast forward to next offseason. Leonard, Butler, Klay Thompson, Kemba Walker and Kyrie Irving are among a loaded free-agent class. Any one of those players would be a fit and a huge upgrade for the Sixers and they’d be joining the team at the right time. Embiid and Simmons will both be a year more mature and developed and the Warriors will be a year older with their cap situation tighter.

As for the MLE, if the Sixers go star hunting again next offseason and wind up with someone like Leonard, they could use it on a ring-chasing, veteran mercenary. That’s much more valuable than one year of Johnson, Beasley or Crawford on a team that doesn’t have a realistic shot at a title next year.

Brett Brown may have set a tough bar for the offseason. When he did his now infamous star-hunting presser, it raised expectations from the fan base. Since the Sixers came up empty in their quest, most look at the offseason as a bad one.

There’s no nice way to put it: Missing out on James and Leonard sucks for the Sixers. But all is far from lost. Name another team in the NBA that has two superstars the caliber of Embiid and Simmons both under the age of 24. You can’t because such a team does not exist.

Would the Sixers have been better off if they landed a star this offseason? Of course. But now knowing that they swung and missed, their best course of action is inaction — for now.

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