So, the number we keep hearing that Portland has offered Hibbert is 4 years at $58 million. However, I remember reading at some point that, because max contracts are now directly tied to the salary cap, the number is more likely to be in the 4 years for $54 million dollar range. Anybody else hear/read that and can shed some light on it?
My thoughts on the numbers (assuming the $58 million/4 years number) after the break.
Is $14.5 million per year overpaying for Hibbert's production? Yes. But only by around $2 million. This is not a contract that is going to strangle us the way JO's did. The contracts are not truly comparable (JO made closer to/right at $20 mil/year, Roy is basically 2/3rds of that).
That is from a pure production standpoint. Beyond that, however, is the fact that Hibbert is a really good citizen (work with various organizations in Indy especially Boys and Girls Clubs), he has made a concerted effort to get fans to BLF (Area 55), and he is a good face for the Pacers and Indiana (Parks and Rec, stints on NBA TV, other stuff). You can't get that from the free agent market if you are Indianapolis. You also cannot replace the "momentum" the Pacers would lose with the fan base by giving up the guy who is, arguably, the most popular Pacer.
Basically, what I am saying is: the Blazers offer doesn't really overpay by that much. Some of us were hoping to get a hometown discount, but it didn't happen. Sign Roy, it's worth it.