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Details of the Millsap offer sheet

Via Jason Quick:

If Utah doesn’t match, the Blazers will pay Millsap $6.2 million the first year, $6.2 million the second year, $6.7 million the third year and $7.2 million the fourth year. The deal comes with an up-front payment of a $5.6 million signing bonus and $4.7 million of the contract’s first year salary.

That’s a heck of a lot of money to pay up front. Everyone is saying Utah will match, and it still seems likely that they do, but if they can’t unload Boozer by Friday, they’re going to have a tough time ponying up the dough. You know how it seems like teams are being fairly stingy these days, it’s not out of the question that nobody is going to want to go out of their way to help Utah keep their players, either. Remember, Portland’s cap space is tied up with the offer sheet so unless all three parties agree to void the contract, they can’t help Utah move Boozer. I have a tough time believing Millsap and his agent would agree to pass up on $10 million up front, only to take less money from the Jazz.

OKC signed their rookies today, so it doesn’t look like they are that interested in using their cap space in the fullest. SJ and I will take a quick walk around the Palms in Vegas tomorrow to see if it looks like the Sacramento Kings will have the money to help out either…

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