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September 23, 2009

Felton signs Bobcats qualifying offer

The Charlotte Bobcats and Raymond Felton's agent both confirmed this morning that Felton has signed the one-year, $5.5 million qualifying offer for this season, which will make him an unrestricted free agent next summer.

This amounts to an acknowledgement that the team and Felton couldn't work out a long-term deal. Agent Kevin Bradbury said Felton isn't upset by that and wants to remain in Charlotte.

"Everybody understands the (economic) climate. – what the Bobcats are going through right now,'' Bradbury told the Observer. "He wants to be part of something – he believes the team had good momentum from last season and can be a playoff team. He’s purely focused on his loyalty to the Bobcats and to coach Larry Brown.''

With training camp opening Tuesday, Bradbury said Felton wanted this settled.

"He doesn’t want to be a distraction. He doesn’t want this to get in the way'' of a successful season, Bradbury said. "This summer we were dealing in business, and now he wants to turn to the business of basketball.’’

Felton had little leverage this summer, in the absence of another team offering him a lucrative offer sheet, which the Bobcats would have had the option to match. Assuming Felton plays well this coming season, he'll have far more leverage as an unrestricted free agent.

The difference is next summer, the Bobcats would retain no right to match other team's offers.

Posted by Observer Sports on September 23, 2009 at 10:57 AM | Permalink

Comments

Well I hope he stays true to his word and stays. I still believe Larry Brown can really mold him into a star and I'm glad he's here and very intrested in seeing how he/DJ and Chandler will play together. Its hard to find players who have a love for the city and want to help turn the city's team into a contender. We know this all to well with our MR $16 million dollar man over at B of A Stadium.

Posted by: Smitty | Sep 23, 2009 11:17:59 AM

Felton has done everything the Bobcats has asked! Think he is worth a long term deal! What's up with ownership in Charlotte these days! yeah talking about Mr. Richardson too!

Posted by: panfan1 | Sep 23, 2009 11:21:29 AM

This isn't good news. I was hoping the Bobcats would sign Raymond to a long-term extension. They are risking letting him leave for nothing at the end of the season.

Posted by: G'boro Cats Fan | Sep 23, 2009 11:29:00 AM

Felton is a classy guy. He is a true professional and handles himself with class.
Now work on the jump shot so it is ready to go in November instead of December. It always seems like it takes Felton a month to get warmed up.

Posted by: pantherfan | Sep 23, 2009 11:30:14 AM

THe Bobcats certainly have the right to match other teams' offers.

And in fact, Bobcats have the right to offer more years than another team and with higher escalations than another team can offer. ("Bird Rights")

But.....as an unrestricted free agent, Felton has no requirement to accept a matched or exceeded offer. THAT is the key issue.

Posted by: bobfan1 | Sep 23, 2009 11:30:24 AM

Am I the only one who thinks DJ Augustine is a waste of our time and money? He has never impressed me as a legitimate threat to do much of anything in the short term or long term.

Posted by: flanahan32 | Sep 23, 2009 11:33:59 AM

You had me until that last line smitty. Again, you can't hate someone & expect for them to perform at a high level when that person said CLEARLY before the season started that he wants to move on & seek playing for another team. Just because the team chose to franchise him & pay him 16 million doesnt mean hes obligated to perform how you feel he should. Furthermore, Peppers had a great game against Philly.

Back to Felton, he is a one of a kind player. He wants to improve this team, he wants to play for this team, his love & passion for basketball & this city is amazing. He never whines, hes a stand up guy, & he is actively invovled in helping the community & giving back. But Procton & the rest of the Dookies will focus on his FG %, call him a ball hog, & throw his name in the dirt. Lets see if Augustin can play a full season first & work on his defense before we drag Felton through the mud.

Posted by: D.W.G. | Sep 23, 2009 11:34:58 AM

heard it here. as a felton fan i cant wait for the bobcats to suck this year and give him what they just gave emeka. a trade to a contender that gives him a chance to play for a real franchise! bobcats ownership sucks.

Posted by: my2centsworth | Sep 23, 2009 11:39:16 AM

1. I applaud Raymond for taking care of this so he and the team can get going.
2. The Bobcats are straped for cash and maybe with a playoff run and higher attendance, they can have the cash to sign him to a long term deal.
3. If the team struggles, the whole Brown crew may be gone.

Posted by: Roger | Sep 23, 2009 11:40:28 AM

I would have to think a big reason a long term deal was not agreed upon would be the impending sale of the team. Less long term financial obligations = more attractive franchise for potential buyers.

Posted by: kjk | Sep 23, 2009 11:48:50 AM

DWG, I know Pep is not going to play like a superstar for a team that he doesn't want to be on !!! What I was saying was that unlike Pep, Felton has a love for THIS city and WANTS to help Charlotte's team to the next level. Something Peppers has no interest in!

Posted by: Smitty | Sep 23, 2009 11:52:10 AM

This all leads me to believe this season is Felton's last season here. I am a Bobcats fan (season ticket holder in fact) and this team has done NOTHING to improve this summer. We are one major injury away from a 25 win season.

Posted by: Sascol | Sep 23, 2009 12:16:58 PM

Felton's an idiot...if this team offered him anywhere between 6-8 mil he should have taken it & ran...No way in hell should this team pay him anymore than that, he's a good player but he's not an all-star & not a franchise PG the biggest problem w/ this team right now is that we have too much $$$ invested in ok players...We overpaid Carroll, we overpaid Gerald(who i love but on a true contender he's the 3rd or 4th option), we overpaid Okafor and we picked up the horrible contract of Nazr, Diop & Radmanovic.. what the hell is a team that never made the playoffs doing with that many bloated contracts on the roster??!! If we start off the year on a bad note i say blow the whole thing up & get some expiring contracts in here to rebuild...

Posted by: Toriano | Sep 23, 2009 12:21:20 PM

It sucks that I had to find this out yesterday on national sites. Why so late?

Posted by: Mark | Sep 23, 2009 12:24:26 PM

Rick:

You posted in a prior blog that around 7 million would "get it done". The guy at the Baseline who broke this story says that Felton turned down that amount (roughly).

Do you still feel comfortable in saying that Felton would have signed for that type of deal?

Thanks

BTW...no way is Crash overpaid. Dude is on a very good contract for what he brings to the table.

Posted by: spectre | Sep 23, 2009 12:41:32 PM

Guys, most of you have made valid points. Here is my take: Felton is a class act and has done everything that the Bobcats could expect and more. The problem is determining fair market value. Felton is a good but not great NBA player, at least so far. Paying him more than 7 mil a year would have been a mistake. I doubt he will make much more than that as a FA next summer unless he has a true breakout season.

Also, on a team that already has DJ, you know one way or another Felton or DJ will end up as a long term back-up. Why not evaluate Felton and DJ another year, then decide who is going to be your long term starter and pay them as such?

The obvious biggest risk for Charlotte is losing Felton for nothing next summer.

And I know smitty personally. He hated the Bobcats before they even had an ownership group...same with the Panthers. I'm everywhere, smitty! :-))))

Posted by: markster | Sep 23, 2009 1:15:14 PM

To the person who said DJ isn't good, what are you smokin? DJ is a really good point guard and if he did not get hurt last year, he would of been a star. Look for big things from DJ this year.
I do like Felton and do not want him to go, but DJ is better.

Posted by: pantherfan | Sep 23, 2009 1:52:19 PM

To the person who said DJ isn't good, what are you smokin? DJ is a really good point guard and if he did not get hurt last year, he would of been a star. Look for big things from DJ this year.
I do like Felton and do not want him to go, but DJ is better.

Posted by: pantherfan | Sep 23, 2009 1:52:24 PM

Good job Ray. 1 more year in purgatory then you can get what you rightfully deserve elsewhere.

Posted by: HitTheRoad | Sep 23, 2009 1:58:44 PM

Spectre if im not mistaken we've had this convo before on REALGM...Gerald is the heart & soul of this team but he is not a #1 or #2 option of a true contender...$9 mil is a bit much, but we had to pay because at that time we could not afford to just let him leave. Same thing with Felton look at our first 4 drafts...Morrison is gone, May is gone, Okafor is gone Felton is the last man standing for an expansion team we basically missed on our first 4 years of the draft so the team definetly wants him to succeed but we are at a point to where we cant just keep locking up money on players that arent really making us that much better....

Posted by: Toriano | Sep 23, 2009 2:05:42 PM

Good job Ray. 1 more year in purgatory then you can get what you rightfully deserve elsewhere.

Posted by: HitTheRoad | Sep 23, 2009 1:58:44 PM


What does he rightfully deserve?? more money? Nope he is nowhere near deserving of anything over 8mil tops!! A shot to play with a better team?? if he played a little better the bobcats might be a better team.... this clown deserves nuthing more than what he's getting now

Posted by: Toriano | Sep 23, 2009 2:10:44 PM

Felton is easily worth 5 year 40mil.

Great PGs are hard to find.

Of course you could trade him for Rondo
and give Rondo the long term deal. I
don't think Rondo is very happy in
Celtic land right now.

Posted by: ctb | Sep 23, 2009 2:15:11 PM

Sporting News said that Felton was offered a contract similar to Marvin Williams' 5 year, 37 mil. I've got mixed feelings about Felton, but if he passed on those numbers, I think it's sayanora Ray-Ray unless he turns into an All Star this year. That deal would be more than generous in my eyes. So, if those numbers are true, there is no blaming the front office for this one.

Posted by: Zed | Sep 23, 2009 2:21:41 PM

Felton is a one of a kind player?? In a good way?? Couldn't be more thrilled with this news . Another year to let DJ reach his potential and we can ship Ray out and move on!

Posted by: mp | Sep 23, 2009 2:28:42 PM

Felton is a hard worker but is too similar too OAKAFOR ...he has tapped his potential.

Felton will not get any better...DJ has a much higher ceiling...

Felton enjoy this year in CLT...the swan song cause the cats aint paying next year

Posted by: Scott | Sep 23, 2009 2:37:29 PM

For all of you argueing about Felton/DJ, have any of you looked at how the TEAM does (+/-) with Felton on the floor compared to DJ? The TEAM is better with Felton running the floor. Glad it's out of the way. Was getting worried. Can't wait for the playoffs this year!!

Posted by: JW | Sep 23, 2009 2:41:34 PM

Toriano said: "Spectre if im not mistaken we've had this convo before on REALGM...Gerald is the heart & soul of this team but he is not a #1 or #2 option of a true contender...$9 mil is a bit much, but we had to pay because at that time we could not afford to just let him leave."

Apologies, but I don't remember.

I don't think he's a #1 option on a contender either, but I think he could be a #2. At worst a 3rd option.

Compare Rashard Lewis, Orlando's #2. THAT is overpaying. If you look around the league and find guys who can similarly make an impact like Crash does they are likely making similar money unless they're just crazy (Artest).

Odom is another comparison. Boris is yet another.

You won't get any argument from me in regards to blowing draft picks; arguably you could say we haven't hit one right yet. I have more issue with losing assets...and in my opinion Felton at the MLE (where he'd be making around 6 in the 2nd year he could be traded without BYC kicking in) he'd still have value.

Ford with his injury history had value making 2-3 million more per year.

Posted by: spectre | Sep 23, 2009 2:55:03 PM

I know this kid personally, watched him grow up. I can't wait until he gets the heck out of Charlotte. The management are a bunch of bozos and are totally clueless about running a team. Bob Johnson, Jordan, please give me a break. Do I have to say Adam Morrison or Shaun May to make my point. It's a joke.

Posted by: Michael | Sep 23, 2009 2:55:11 PM

There's a big discrepency out right now on what exactly Felton turned down/was willing to accept.

Rick reported 7 per would get it done...SportingNews says he turned down something close to a five-year deal worth $37.5 million, plus added money with incentives.

That's a big difference. Were the Cats offering something much cheaper or were they really willing to go with a deal approaching 8 per?

Posted by: spectre | Sep 23, 2009 2:58:26 PM

Here's to another year of Felton playing good ball for 46 minutes

...and then trying to be a hero and throwing up crap in the final 2 minutes!

We love you Ray-Ray!

Playoffs?!?!? Don't talk about playoffs! You kidding me?!?!?

Posted by: Captain Insano | Sep 23, 2009 3:03:58 PM

Here's to another year of Felton playing good ball for 46 minutes

...and then trying to be a hero and throw up CRAP the final 2 minutes!!!

We love you Ray-Ray!

Playoffs?!?!?! You kidding me!?!? Don't talk about playoffs!!!

Posted by: Captain Insano | Sep 23, 2009 3:07:19 PM

I'm glad he's back. Ray deserves 2 years in a row under the same coach for a change. I think he'll improve quite a bit with a little consistency in the coaching personnel.

Posted by: Newsinz | Sep 23, 2009 3:15:35 PM

rick,

is there any confirmation that ANY long term deal was offered? when you look at a guy like felton who acts as though he'd play for free if he wouldn't be crucified for it, i don't get the impression the bobcats intended to do anything OTHER than have him sign the 5.5 for the year and then either trade him or let him go next summer. I would love to know what larry brown feels about it too.

Posted by: charlottean | Sep 23, 2009 3:26:39 PM

rick,

is there any confirmation that ANY long term deal was offered? when you look at a guy like felton who acts as though he'd play for free if he wouldn't be crucified for it, i don't get the impression the bobcats intended to do anything OTHER than have him sign the 5.5 for the year and then either trade him or let him go next summer. I would love to know what larry brown feels about it too.

Posted by: charlottean | Sep 23, 2009 3:26:41 PM

My apologies to smitty on here. I just found out it's not the smitty I know. The smitty I know is a regular on CelticsBlog and a die hard Charlotte Anything hater.

Posted by: markster | Sep 23, 2009 3:27:36 PM

flanahan32, was that a joke about DJ? There is no doubt that DJ will be a good NBA point guard. Always thinking pass first and smoothest jump shot in the NBA next to Ray Allen.

Posted by: LucasGotBurnt | Sep 23, 2009 3:36:03 PM

good points markster

Posted by: Panthers Super Fan | Sep 23, 2009 4:14:08 PM

I agree with Scott (above). Felton is at his peak - if anything, he may push himself this year to get a better deal next year. But more than anything, what we've been seeing from Felton is what you get. It's not BAD, but it's not worth BIG$$.

Let the Cats clear up the books. If Felton comes to play, and DJ turns into a great player, they'll have some $$ to build up for the playoffs. Otherwise - clear the payroll for a new owner with a better vision next year.

Posted by: Box | Sep 23, 2009 5:36:27 PM

Felton is only going to get better under Brown and he is a class act. I hope he becomes an all-star and has a great year leading the Jordancats to the playoffs.

Posted by: MajorLeague | Sep 23, 2009 6:28:44 PM

DJ is the future but Ray is needed...Good move!!!

Posted by: john graham | Sep 23, 2009 7:53:05 PM

yet again, the bobcats will get burned by their former player....

ryan hollins started for the mavs for a stretch
shannon brown--who actually played--and adam morrison both have rings
sean may will make us regret everything we said

and now ray-ray will burn us next year.

Posted by: reggie Gallant | Sep 23, 2009 8:19:31 PM

I certainly hope Felton stays long term. It's nice having a home grown player, especially as talented as him, being so supportive and loyal to his hometown team. Hopefully we can lock him up next summer. GO BOBCATS!!!!!

Posted by: 4Charlotte12 | Sep 23, 2009 8:59:29 PM

DJ Augustin is too small to ever be a legit starting PG in the NBA. Felton meanwhile, despite suffering through multiple coaches who kept trying to play him at SG, ALWAYS seems to come up big in big time games against teams like the Lakers and Celtics.

Raymond Felton is a winner, plain and simple. If the Bobcats let him go, they will regret it as he thrives on another team while they come to the realization that DJ Augustin is never going to get any stronger and can't get much stronger.

Posted by: John | Sep 23, 2009 9:38:50 PM

Why would Ray enjoy platooning at the point with Augustin on a garbage team that's going to miss the playoffs? The Bobcraps have misused him since he arrived, playing him at the 2 when he's 6'0 lol?

He's looong gone after this year. Smart.

Posted by: HitTheRoad | Sep 23, 2009 10:09:43 PM

pantherfan - I couldn't agree with you more... DJ is the future of this team at PG! Don't get me wrong. I like Felton and think he's a stand up guy for signing the 1 year tender to not be a distraction, but I'm anxious to see DJ get more playing time. Almost every time I've seen him play he's lights out.

Posted by: PantherDave | Sep 23, 2009 10:31:15 PM

Toriano said: "Spectre if im not mistaken we've had this convo before on REALGM...Gerald is the heart & soul of this team but he is not a #1 or #2 option of a true contender...$9 mil is a bit much, but we had to pay because at that time we could not afford to just let him leave."

Bump the thread...I'll gladly revisit it.

The big question is whether Felton turned down a near 8 million dollar per contract like SportingNews said or was Rick correct that 7 per would "get it done".

Until we know which is right it's hard to point a finger at either side.

Felton gets another year to show he's worth bringing back. It's a risk for us if he does, but with him wanting to be here the risk probably isn't that big.

Posted by: spectre | Sep 24, 2009 9:31:53 AM

It's gonna be tough for Felts to get a better deal than what he's already been offered. The 2010 free agent class is full of superstars. I have a gut feeling that a long-term deal might be worked out next summer.

Posted by: apauldds | Sep 25, 2009 8:14:21 AM

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