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By Matt Kibbe
The short-term deal will assure long-term overspending
Independent voices from the The Washington Times Communities
Topic - Juan Carlos Navarro
Gold medal at stake or nothing at all, the U.S. Olympic basketball team is too good for Spain.
The Washington Wizards finished off their offseason priorities by re-signing Andray Blatche yesterday to a five-year, $15 million deal, according to a source close to the negotiations.
The Washington Wizards finalized their trade of the rights to guard Juan Carlos Navarro, sending the former second-round draft pick to Memphis for a future first-round selection.
After a recent practice at Verizon Center, Washington Wizards director of player personnel Harvey Grant joked with Oleksiy Pecherov.
The Washington Wizards reached agreements in principle yesterday on contracts with Oleksiy Pecherov and Nick Young, their first-round picks from the 2006 and 2007 drafts, respectively.
A day after it was reported guard Juan Carlos Navarro would be allowed to negotiate his way out of his contract with FC Barcelona to join the Washington Wizards, team president Ernie Grunfeld said he already has received calls from six or seven teams regarding the Spanish player.
"We are very pleased to have achieved the first objective, which was to be in the Olympics. But as I told my teammates, the final is a chance that we cannot let go. We have 40 minutes more and we must give everything," Navarro said.
Barcelona guard Juan Carlos Navarro, a close friend of Gasol, said the team also wants to avenge a 2008 preseason loss against the Lakers in Los Angeles.