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Wizards will offer contract to Stevenson
Stevenson, who opted out of the second year of his contract, earned about $1 million last season, his first with the Wizards after turning down a three-year, $10 million offer from the Orlando Magic last summer.
Teams can begin negotiating contracts with free agents today but can’t sign them until July 11.
Blatche, 20, showed signs of improvement in his second season, and there are those in the organization who believe the 6-foot-11 forward can become a valuable asset if he dedicates himself to the game. He averaged 3.7 points and 3.4 rebounds in 12.5 minutes a game last season.
Because Blatche is a restricted free agent, the Wizards are allowed to match any offer he receives. That gives the team more flexibility, and it is unlikely the Wizards will match an offer right away. Instead, they will let New Jersey’s offer sit there and see whether any other team is interested in Blatche before making a decision.
The Wizards will be over the salary cap next season, meaning they can use just their mid-level exception (starting at $4.5 million) to re-sign him. The salary cap, which was $53.1 million last season (7.3 percent more than the year before), is expected to be announced today. A similar jump would put the cap at about $57 million.
“We’re over the cap, that’s for sure,” Grunfeld said. “And we’re going to be over the cap, regardless of what comes out.”
The Wizards also have the veterans’ exception, and a source said yesterday the team is likely give it to Calvin Booth, an unrestricted free agent who spent the last two seasons with Washington.
The offer to Stevenson means the Wizards are unlikely to try to re-sign restricted free agent Jarvis Hayes, the No. 10 pick in the 2003 draft. Hayes, who missed huge chunks of his second and third seasons to knee injuries, has never averaged more than 10.2 points and never shot better than 42.1 percent.
The Wizards are unlikely to make additional moves in free agency because of the salary cap and the luxury tax, which forces teams to pay a dollar for every dollar over the cap.
The Wizards have seven players already signed to contracts, totaling more than $53 million. The team also has to sign last year’s top pick, Oleksiy Pecherov, and this year’s picks, first-rounder Nick Young and second-rounder Dominic McGuire, bringing the team to 10 signed players.
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