Jim Jackson To The Wolves?

Discussion in 'Minnesota Timberwolves' started by DDC, Aug 1, 2003.

  1. DDC

    DDC JBB JustBBall Member

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    "Wolves, vet guard Jim Jackson talk
    BY GREG JOHNSON
    Pioneer Press

    Free-agent guard Jim Jackson and the Timberwolves are interested in one another.

    However, neither Wolves director of basketball operations Kevin McHale nor Jackson's agent, Mark Termini, would qualify the nature of their conversations.

    The Wolves still have their $1.5 million salary cap exception to offer a free agent. Teams also can offer the veteran's minimum salary, which would be $1.07 million for an 11-year veteran such as Jackson.

    The Wolves have 10 players under contract after recently signing free agents Mark Madsen and Fred Hoiberg. Madsen agreed to a two-year deal believed to be for a veteran's minimum of about $663,000. The veteran's minimum for an eight-year veteran such as Hoiberg is about $938,000.

    "We've heard from a lot of teams,'' Termini said. "He had an outstanding year with Sacramento last year. It has gotten to the point where he is one of the top free agents available.''

    Jackson, 32, was a key reserve for the Kings last season, averaging 7.7 points and 4.2 rebounds. His presence took playing time from Hedo Turkoglu, whom the Kings traded last week in the three-team deal to acquire center Brad Miller from the Indiana Pacers.

    Sacramento is interested in re-signing Jackson, according to Termini.

    During his career, the 6-foot-6 Jackson has averaged 15.5 points and shot 35 percent from three-point range. He can play shooting guard or small forward.

    Besides the Kings, Jackson has played for the Dallas Mavericks, New Jersey Nets, Philadelphia 76ers, Golden State Warriors, Portland Trail Blazers, Atlanta Hawks, Cleveland Cavaliers and the Miami Heat.

    "Every one around the league can see that Minnesota is a club that's gearing up,'' Termini said.

    The Wolves already have Sam Cassell, Troy Hudson, Wally Szczerbiak and Latrell Sprewell to play heavy minutes on the perimeter.

    "Last year, (Jackson) was able to find a way to play 21 minutes a game on one of the best teams in the Western Conference,'' Termini said. "He found a way to get on the court. His record speaks for itself.''"

    http://www.twincities.com/mld/pioneerpress...rts/6431653.htm

    If this one goes through, I don't mind Hoiberg. [​IMG]
     
  2. mike18946

    mike18946 JBB

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    Would be a very good signing...
     
  3. Kid Canada

    Kid Canada JBB Banned Member

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    The T-Wolves just dont stop signing people. I hope the kings re-sign him. He did take away time from Hedo and they traded him so if J.J leaves I guess Wallace will get PT.
     
  4. jbbSpree

    jbbSpree JBB JustBBall Member

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    im all for it. JJ would definately give more talent to their bench, i wanted Jumaine Jones but now he's signed with Celtics so Jackson is the next best thing on the market.. if the wolves can get him it's a great move.
     
  5. purehoops

    purehoops JBB KGSource

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    sweet... we are the new powerhouse team on the block... lets sign everybody.. woo!
     
  6. twolvefan11

    twolvefan11 JBB Banned Member

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    This would be a very good signing for us. I hope we get him for the league minimum.
     
  7. twolvefan11

    twolvefan11 JBB Banned Member

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    The Timberwolves I hear are also looking at Laphonso Ellis. The league better watch out for the Wolves next season.
     
  8. mike18946

    mike18946 JBB

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    Seems jackson will wait 48 hours for kings to make a better offer..or he is signing for wolves...thats the latest...amazing this guy used to be a 25 PPG scorer..
     
  9. Vintage

    Vintage Defeating Communism...

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    Jim Jackson would be a great signing for the Wolves. They need depth, especially at the 2/3.

    What blows me away is the spending by the TWolves. They are way deep into the luxury tax.

    When its all said and done, the TWolves pay roll this season will be at $70 million.

    The luxury tax threshold is projected to be in the 57-59 million area.

    Meaning that the TWolves are about 10-12 million over. Lets say they are $10 million over. Double that(since every penny you are over, you are penalized). Thats $20 million. Had they stayed below the L.T. area, they'd be able to get somewhere between $10-$15 million back from the NBA as a "reward."

    So the TWolves will start the season $30 million in the whole. Will their profits make up for that? Not likely, as they are a small market team. They will be losing money this season; and a lot at that.

    But they needed to add some talent to keep KG happy, and advance past Rd 1. This is a 2 fold problem(winning, and conserving money to make profits..........after all, the NBA is a business).

    Next year doesn't look any better. They will already have a $45 million dollar team salary(and thats before resigning Garnett(figures to probably make somewhere in the mid to late teens in million in his first year of a new contract.)

    For sake of arguement, lets say he heads into the following season making $15 million. Add that to the $45, and thats at $60 million. Which will be right at the LT area again. They will lose out another $10 million for not being below that, and once again, match penny for penny. So Minnesota will once again lose money that year as well.

    But in 04/05, Sprewell, Johnson, and Hudson are all FAs. That will shed $20 million, pushing them just below the team salary cap, and should give them $5-7 million to target a FA. Good news? They wont be paying the LT that year, and will receive money for being below that.

    Bad news? They stood to lose $40 million the previous 2 years(assuming they even broke even from just paying their salaries to the players, not the actual losses themselves from the luxury tax).

    Thats quite a chunk of change for a small market team. It could take them years to recover from that. So Minnesota better advance far into the playoffs to help justify all this spending. They have had a huge offseason, not just talent wise, but fiscally.
     
  10. jbbSpree

    jbbSpree JBB JustBBall Member

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    so what they wen't on a little shopping spree lol. I think getting JJ will still add depth to the team and he can put up some great numbers off the bench. Allnet was that just a rumour though? or Wolves have actually offered? man this will be crazy if he signs.. i dont wanna get 2 excited so ill just wait.. and hope that sac-town dont match the wolves offer.
     
  11. Ice

    Ice JBB Member

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    kg is one of my favorite players. now they have improved a lot. who cares if they go over the cap, we dont pay for it! i predict the twolves being a top 5 team for sure this yr
     
  12. mike18946

    mike18946 JBB

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    <div class="quote_poster">Quoting Spree:</div><div class="quote_post">Allnet was that just a rumour though? or Wolves have actually offered? man this will be crazy if he signs.. i dont wanna get 2 excited so ill just wait.. and hope that sac-town dont match the wolves offer.
    </div>

    I heard it on the radio,JJ will wait if Kings make him a better offer..if not he will sign with Wolves.It seems Kings don't want to sign anyone else because of their cap situation....you might find out tomorrow..or monday i would think.
     
  13. Vintage

    Vintage Defeating Communism...

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    <div class="quote_poster">Quoting airforce1s:</div><div class="quote_post">kg is one of my favorite players. now they have improved a lot. who cares if they go over the cap, we dont pay for it! i predict the twolves being a top 5 team for sure this yr</div>


    Listen, this isn't a sim league. This isn't just a game. The NBA is a business. Are you in a sim league currently?

    The NBA is nothing like a sim league. At all.

    In a sim league, if you are over the cap, who cares. You can offer the MLE......no problem.

    And should you go pass the luxury tax, no problem either. Not that there is one in a sim league.

    BUT THIS IS THE REAL DEAL.

    You go above the luxury tax threshold, you pay! Minnesota is going to lose millions of dollars this year. Yes, you don't have to pay for it, but the owner does! That means he will be LOSING money. Money that could not be gained back. Would you like to lose millions of dollars?

    If the TWolves continue to lose money for years straight, something will happen. They will be forced to sell, file for bankruptcy, or clean the house entirely. Neither is a good solution.

    I am appalled at the fact that you do not believe this matters. Imagine a company if you will..........imagine where your dad works. Imagine if that company lost millions of dollars(more like tens of millions). How long would it take before people started to get laid off? Not long.

    The NBA is a business. Minnesota is a small market team. They cannot afford to be totally blown out by this. Bigger markets, such as Chicago, Los Angelas, and New York can bec. they have amazing revenues.

    Deep pocket owners such as Paul Allen(Portland- co founder of Microsoft) and Mark Cuban(Dallas-founder of Yahoo.......or is it google) can afford to.

    But most teams aren't able to have that luxury. Minnesota isn't one of those teams. You might not feel the ramifications this year.........but if and when Portland starts to dump cap in the near future, you will know why.
     
  14. Vintage

    Vintage Defeating Communism...

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    <div class="quote_poster">Quoting airforce1s:</div><div class="quote_post">kg is one of my favorite players. now they have improved a lot. who cares if they go over the cap, we dont pay for it! i predict the twolves being a top 5 team for sure this yr</div>


    And if you don't think teams worry about the luxury tax, explain this to me:

    Why did Orlando trade Don Reid and a 1st rounder to Denver for a 2nd rounder?(to avoid the luxury tax)

    Why didn't Indiana resign Brad Miller?(to avoid the luxury tax)

    Why did Boston trade Anderson, Potapenko, and Forte for Baker when Anderson's contract(9 million) was done in 2 years, but Bakers salary shed them one million off of those 3 combined players, but for 4 years?(to avoid the luxury tax)

    Why is NJ looking to trade Deke?(to avoid the luxury tax)

    Why did Milwaukee trade Sam Cassell and change for Joe Smith and change?(to avoid the luxury tax)

    Why is Houston going to let James Posey go?(to avoid the luxury tax)

    There are several examples, and I could go on even more so. The fact is, most teams don't want to pay the luxury tax. Its a business. They lose money doing that. Even if it means sacraficing a few wins, they will try to avoid it. Look at the Clippers. A successful team? No. But its a successful business. DTS has had nothing but strong profits from taking over.
     
  15. mike18946

    mike18946 JBB

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    Also vintage...the reason why the kings were trying to trade Keon Clark for philly scrubs and pick is to help clear cap room...as they know with miller big contract they can't afford to keep all this salary..at the end of the day it is all about the luxury tax...
     
  16. twolvefan11

    twolvefan11 JBB Banned Member

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    Vintage, very well said, but Taylor has said that McHale can do anything he wants to get farther into the playoffs. So I think Taylor is digging in his wallet a little, but if it works, he shall be payed back sooner or later off of sales and merchandise. I'm not saying it is that easy, but the Wolves are gaining a lot of fans because of what they are doing, so I see sales going way up. Of course, you never know what's going to happen, but the bigger the risk, the bigger the reward.
     
  17. purehoops

    purehoops JBB KGSource

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    Vintage Im glad you understand the Luxury tax and all that... and I dont think airforce1s could really care or not... because the fact he isnt paying for it

    yes the luxury tax will hurt Glen Taylor a lot, he realizes he will lose money... but guess what, hes a multi millionaire... hes not whats his face from the LA Clippers that would have a hard attack if he dropped a nickle from his purse...

    Kevin McHale, and Glenn Taylor are in it now, they realize that Spree, Hudson and a few are FAs in a few season, and they will be hurting money wise to resign KG (who will take a pay cut if he resigns in Minnesota)... but they figure KG is worth to lose a couple million over... they already payed him 126 mil plus signing bonus and ****... and they will lose some more trying to keep him there... I dont see why the whole luxury tax is a big deal for you and the T'Wolves... we understand they will havta pay... but it is for Glen Taylor and Kevin McHale to worry about... and they feel they have <u>THE</u> team this year and they will make a lot of money come playoff time... it is a buisness, and their is a reason they are in it...
     
  18. sheefo13

    sheefo13 JBB JustBBall Member

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    yea, luxury tax aint no joke. thats why i think the wolves should of kept terrell brandon. they were thinking about it. laphonso ellis is a waste of money. he has no more skills. i say we go after stephania or drabniak. allz i can say is I HOPE GLEN TAYLOR KNOWS WHAT HE GOT HIMSELF INTO. and mchale is really taking advantage of taylors words :P
    i think i can see the future, this is talyor and mchaleis the 2004 offseason [​IMG]
     
  19. DDC

    DDC JBB JustBBall Member

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    No news about JJ. [​IMG] I can't help it, I'm obsessed with this guy since way back the 3 Js Mavs Era. (Or whatever it was called.) So what do you think chances are, that we can sign him? Kings just got rid of Clark to save cap space and they are clearly in need of a swingman, since they only have three signed and that's not enough. (Peja, Christie and Wallace.) Unfortunately this points in the direction of resigning JJ. On the other hand the Kings are also in need of a backup (and a starting) PF too, since they only have Funderburke and the rookie Darius Songaila on the roster and C-Webb is out till December.
    So the question is: do you think the Kings will resign JJ, sign some other SG/SF, sign a PF or not sign anyone at all? In other words will the T-Wolves sign JJ or not?
     
  20. the MDE

    the MDE JBB JustBBall Member

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    Yo Wolves fans! JJ is supposedly to have a news conference at 1p.m. today....

    he will announce his decision..looks like it is down to the Wolves and Lakers..personally, as a Laker fan, I don't want him, so you guys can have him :mrgreen:

    But I heard on another board that he should announce his decision at 1p.m. ET....

    FYI: don't get your hopes up--it's just a rumor; I can provide a link if you want.

    [​IMG]
     

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