In theory, unfettered capitalism's free market tenets allow for the highest price the market will bear. In essence, $10 for a cup of coffee will sustain itself only if there are enough folks willing to pay $ 10 for it. In professional sports the doctrines are the same. Last year, the New York Yankees did not think second baseman , Robinson Cano was worth a 10 year $240 million contract. The Seattle Mariners did and signed Cano. So why has one of the NBA's rising stars, Phoenix Suns point guard, Eric Bledsoe come up empty in his request for five-year contract north of $ 80 million ?
For one, he is a only a restricted free agent-not unrestricted where he
can go to the highest bidder. Hence, his Phoenix Suns team has all the leverage. Moreover, like too
many professional athletes, Bledsoe has also misjudged his value- and is probably
getting bad advice from his coterie of advisers.
In his abbreviated
tenure (4 years) in the NBA the 24-year old Bledsoe had just become a starting
player last year on the high octane Phoenix Suns team. Here he was paired with another point guard Goran Dragic. The dual lead guard pairing has become de riguer in the NBA. In a point
guard dominant, pick-and roll- league, having 2 lead guards allows teams to
have multiple scoring options to initiate offense This is particularly critical when defenses overload
the floor on the strong side A second lead guard allows you to create and attack from the weak
side. Last year Bledsoe put up career numbers on a Suns team that outperformed expectations
and nearly made the playoffs. Bledsoe averaged nearly 18 points, shot 47.7 %
from the field, 35.2% from downtown, averaged 4.7 boards, and dished out 5.5
dimes. Very impressive numbers.
In addition, the supremely athletic, long-armed Bledsoe is a defensive demon. Point of attack defense is vital to NBA teams with deep
post season aspirations, Bledsoe was the ONLY point guard in the top fifty in
defensive plus minus numbers(DRPM: Player's estimated
on-court impact on team defensive performance, measured in points allowed per
100 defensive possessions). Bledsoe was number 13 in the entire NBA at 3.97 and
number one for all point guards. With that said, the Sun have offered Bledsoe a four-year, $ 48 million contract. That would rank in the "good but not great category" with fellow up-and-coming point guards such as Ty Lawson at $ 12 million and Jrue Holiday a $ 11 million.
I am a huge Eric Bledsoe
fan and feel he is one his way. With that said, his on the court performance
is not worthy of a max contract. His stint as a lead guard is much too short. If
he is insistent
on securing a max contract-earn it. Do what Greg Monroe is doing. Take Phoenix’s qualifying offer worth a little more
than $3.7 million this year and then become an unrestricted free agent. Yes, there is a
risk. But “scared money don’t make money.” Your call EB.
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