Jazz Might Need a Loan to Keep Millsap

"The Jazz have until the end of the week to match the four-year, $32 million offer sheet that Paul Millsap signed with the Portland Trail Blazers.

As a caveat with matching the contract, Utah will have to pay Millsap $10.3 million within one week.

Unlike Paul Allen, Portland's owner, the Jazz don't have that type of cash on hand and would have to take out a loan."

Take it for what its worth, just one more day closer to keeping Millsap in my opinion.

almost 3 years ago CroRupt 22 comments 0 recs |

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When is the week up?

by axel360 on Jul 13, 2009 10:05 PM PDT reply actions

about a month from today...

"Life is a meaningless sequence of events in between Blazer championships"

by broggerboy19 on Jul 13, 2009 10:06 PM PDT up reply actions 1 recs

at which point

millsap will still be a member of the utah snazz

"Life is a meaningless sequence of events in between Blazer championships"

by broggerboy19 on Jul 13, 2009 10:06 PM PDT up reply actions

Friday

Oden...Aldridge...Roy.....THE REAL BIG THREE

by CroRupt on Jul 13, 2009 10:06 PM PDT up reply actions

Jazz will probably wait until Friday

Wonder if they like him enough to match even if they can’t trade Boozer?

by axel360 on Jul 13, 2009 10:10 PM PDT up reply actions

Don't they have until Saturday?

I'm a really really ridiculously good looking orange mocha frappaccino drinking manhammer sandwich

by hobobob on Jul 14, 2009 9:11 AM PDT up reply actions

I think they have one week from when the offer sheet was signed.

by dario argento on Jul 14, 2009 11:35 AM PDT up reply actions

Friday

One week is up this Friday, the Jazz have until 1159 pm friday to announce whether they keep or lose Millsap

by cavejunctionblazer on Jul 14, 2009 10:59 AM PDT up reply actions

Makes me feel kinda bad

The Miller family is a really nice family. But I would love to see us land Milsap. I guess all is far in love and the western conference arms race.

by RipCityRoyCity on Jul 13, 2009 10:12 PM PDT reply actions

They didn't make him an offer

So I don’t feel sorry for them at all. They kinda brought this on themselves

by MadBlaze on Jul 14, 2009 12:11 AM PDT up reply actions

Yeah

If they had made him a four or five year offer at a flat $8 million a year, he’d have signed.

When I rule the world, everyone will know how to use Excel.

by jscot on Jul 14, 2009 1:15 AM PDT up reply actions

yup. they pissed him off by telling him to go out and see what his market value is before making him an offer. their fault entirely if they lose him...

which they won’t. I am certain they will re-sign him. they can easily trade boozer before the deadline to avoid paying through the nose. they would be crazy not to sign him.

by dario argento on Jul 14, 2009 11:37 AM PDT up reply actions

We should start a rumor that Milsap is gay

Then the Miller family wouldn’t let him be seen in their building to protect everyone’s sense of decency.

dinasour type of guys choir boys

by mittsabishy on Jul 14, 2009 8:07 AM PDT up reply actions

Plus the "keep Portland wierd" crowd would come out to the games in droves.

by Escrote on Jul 14, 2009 9:51 AM PDT up reply actions

I know we have a great young team but

I’ll still be disappointed if we don’t use this cap room. We could pick up a player near the deadline too but midseason trades usually dont end well

by axel360 on Jul 13, 2009 10:14 PM PDT reply actions

like?

I agree they are not optimal, but I dont see them as having some long term failure rate

Life is exhausting when you are this stupid.

I will talk about DeJuan Blair no more forever

by jonestr on Jul 13, 2009 10:40 PM PDT up reply actions

yea, that pau gasol trade was a real head scratcher by the lakers, right?

"B-Roy is the best shooting guard I have played against"

-Ron Artest

by premthegrem on Jul 13, 2009 11:19 PM PDT up reply actions

and that Billups trade

man did Denver ever regret that move.

Free Sergio... no really, please, take him.

by eyeotiger on Jul 14, 2009 3:00 AM PDT up reply actions

That was an early-season trade, almost still off-season

If you want to trade our spare parts for Devin Harris, I have three quarters I would like to trade for your dollar

by Norsktroll on Jul 14, 2009 3:43 AM PDT up reply actions

It really isn't fiscally prudent to have $10+ million in cash just buring a hole in your pocket anyway.

This isn’t really surprising. I’m sure this has already been accounted for within the Jazz organization.

by Arby on Jul 13, 2009 10:40 PM PDT reply actions 1 recs

They also have a new owner of sorts

Since Larry Miller died, his son I believe is now in charge.

"Good evening Blazer fans, wherever you may be!"-Bill Schonely

by skywaker9 on Jul 13, 2009 11:31 PM PDT reply actions

Debt not an issue for the Jazz

The only debt they hold is a small amount on the arena. Utah is much more financially sound than most teams and won’t have trouble finding funds for the deal. Cap issues may make it painful, but this won’t be a real hurdle.

by stikit on Jul 14, 2009 7:54 AM PDT reply actions