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Warriors Sign Monta Ellis

According to Marcus Thompson from the Contra Costa Times, the warriors have signed monta ellis to a 6 year 66 million dollar contract.

"The Warriors’ signaled their end to the free agent period by locking up their own guy. Monta Ellis inked a six-year deal today worth $66 million according to an NBA insider."

 

This is fantastic news for the warriors considering they got him at a very reasonable price IMO.

Here is the link

 

http://www.ibabuzz.com/warriors/2008/07/24/warriors-sign-monta/



 

 


 

This FanPost is a submission from a member of the mighty Golden State of Mind community. While we're all here to throw up that W, these words do not necessarily reflect the views of the GSoM Crew. Still, chances are the preceding post is Unstoppable Baby!

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AWESOME NEWS

time to buy his jersey

by superk1ng on Jul 24, 2008 5:57 PM PDT   0 recs

Kind of disrespectful to Jackson and Harrington no?

I realize the promo is about the future, but I’d be ticked if I were those two. You put Buke up on the front page and not Jackson? Especially since the audio mentions Jackson pumping up the crowd,

Storage is for business, or for family.

by bloodsweatndonuts on Jul 24, 2008 7:00 PM PDT to parent up   0 recs

we mention Jackson...

at the very beginning…but good observations…keep that in mind as the summer progresses…

by streetballer on Jul 24, 2008 7:02 PM PDT to parent up   0 recs

I don't know if anyone else remembers or notices but I'm

aware that your inside info usually pans out so why don’t you let the rest of us in on it because you’ve dropped like 3 ambiguous hints in this thread . . . So out with it!!!

Otherwise I’m starting a rumor that Jackson is replacing Nelson as head coach and that CJ Watson is going to replace Franco Finn.

Storage is for business, or for family.

by bloodsweatndonuts on Jul 24, 2008 7:07 PM PDT to parent up   0 recs

your good folk...

bloodsweatndonuts. First year in a while the boys can actually move some bodies in and out of the organization…They are having FUN…maybe to much. Not sure it’s over yet. Really all I can say…you know that.

However the thought of Franco Finn in shorts – disgusting! Captain Jack as coach…He did a lot of that last year – while Nellie just stood there (remember CJ blog).

Go Warriors!!!

by streetballer on Jul 24, 2008 7:19 PM PDT to parent up   0 recs

The homepage...

just shows all the players we have signed (or re-signed) during the offseason. Don’t think it’s disrespect.

by Eggman on Jul 24, 2008 7:28 PM PDT to parent up   0 recs

yeah. might as well start a rumor that turiaf is now the starting 5 since andris isn’t on it.

by so ill so d0pe on Jul 25, 2008 12:54 AM PDT to parent up   0 recs

Andris isn't signed yet so that's not really analogous

My point was that Jackson was a captain and “supposedly” the heart and soul of the team and people were even talking about him for league MVP (which is absurd).
I would think he would be at least second in command on this team if not the veteran leader and returning captain. So If I saw semi-nobodies Turiaf and Williams and returning bench guy Buke on the front page, I might be annoyed.

Storage is for business, or for family.

by bloodsweatndonuts on Jul 25, 2008 5:23 PM PDT to parent up   0 recs

hahah

no love to jackson, harrington, biedrins, etc. i mean yeh they are showing guys they just signed but still they show all the new guys then they show monta and kellenna

by Agent Zero on Jul 24, 2008 10:48 PM PDT to parent up   0 recs

If we are going there

No love for Kosta!!! COME ON!!! SHOW THE BIG STIFF!!

by pinkycheal on Jul 25, 2008 7:02 AM PDT to parent up   0 recs

Monta and Kelenna....

whom we re-signed….

by Eggman on Jul 25, 2008 1:23 PM PDT to parent up   0 recs

WANT TO SEE ELLIS AT 15 POINTS A GAME INSTEAD!!

i know everyone wants ellis to score 20 along with mag and jackson but i would rather see monta score just 15 and get 10 assist per game. it’ll be so nice if he morphs into a chris paul type of player as the season goes on but with a more explosive offensive game. he got the tools to do it. he’ll be more similar to isiah than paul if he gets those assist over 10

by ADOBO on Jul 27, 2008 10:04 PM PDT to parent up   0 recs

marcus williams

the fact that he hasn’t had a press conference or whatnot to introduce him means they’re still using the photoshopped picture—which they took the mirror image making the warriors jersey backwards. this bothers me haha.

if maggette has been formally introduced, i’m assuming he had some photo ops. why does his pic on the front page his photoshopped one and not have his jersey number on it?

i guess i just have OCD

by gogoldenbears on Jul 25, 2008 7:21 AM PDT to parent up   0 recs

I had it before he was even a favorite

The little time Mike Montgomery gave him, I went to the Warriors online store and bought a no-namer named Monta Ellis’ jersey.

by Golden Boy on Jul 24, 2008 6:40 PM PDT to parent up   0 recs

i ain't doing that shiet again

after the summer league i bought a bellienellie jersey. i live in socal so i sported that jersey to the clippers home opener with the warriors. i was talking hella smack bout how great he will be. let say i hope i don’t see those same clipper fans again.

by nuttinbutnet on Jul 24, 2008 6:45 PM PDT to parent up   0 recs

yes, don't do that shiet again

Good thinking. When talking smack using summer league play as a basis, make sure you say it to someone you won’t see again.

by Don't Mess With The Cohan on Jul 24, 2008 7:52 PM PDT to parent up   0 recs

bellinelli does look like a good player

He just doesn’t get any PT. But I bet he’d be the low FG% outside streak shooter type of player more like eddie house.

by balleerj on Jul 28, 2008 2:29 AM PDT to parent up   0 recs

REALLY???

can i shake your hand???

by gogoldenbears on Jul 25, 2008 7:22 AM PDT to parent up   0 recs

wow!

mully really knows how to pressure players to a bargain. If we get andris under a 100 mil I could faint.

by kaisersoulzae8 on Jul 24, 2008 6:05 PM PDT   0 recs

seriously?

u honestly think andris is gonna get more than monta?

by AJC3317 on Jul 24, 2008 6:10 PM PDT to parent up   0 recs

NO effin way Beans' contract willbe bigger than Monta's

He’ll prolly get $7 or 8 mil for 5 years.

We Believe!!!

by crossphaded on Jul 24, 2008 6:12 PM PDT to parent up   0 recs

umm

it was a joke

by kaisersoulzae8 on Jul 24, 2008 6:20 PM PDT to parent up   0 recs

Bogut..

Bogut’s 5 years for $60 probably isn’t helping the Biedrins negotiations.

by Eggman on Jul 24, 2008 9:55 PM PDT to parent up   0 recs

I guess the moderator’s didn’t buy it.

by Eggman on Jul 24, 2008 8:32 PM PDT to parent up   0 recs

Here's why

We expect the fan posts to be of good quality. Here’s what that person wrote:

http://www.mercurynews.com/breakingnews/ci_9987389

Looks like he is getting a lot of interest from Russian teams. Thoughs?

Hopefully not true. Can he cancel his contract and go to Europe even if he is restricted?

75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75 75

Is it really that hard to write 75 words about Biedrins possibly leaving for Europe? No, didn’t think so.

Now you’ll understand why this fan post, http://www.goldenstateofmind.com/2008/7/24/578775/biedrins-back-to-europe, was left up there instead of the one you are referring to.

by Fantasy Junkie on Jul 25, 2008 3:17 PM PDT to parent up   0 recs

Ha ha

Yeah, that was a solid fan post.

by Eggman on Jul 25, 2008 3:20 PM PDT to parent up   0 recs

and the post

Meanwhile, a source close to Biedrins said the fifth-year center is being pursued heavily by European teams.

The Latvia native is drawing strong interest in a couple of Russian clubs, according to the source, who added that teams are willing to sign him for three to five years for what amounts to more than $10 million per year.

This would be the best news for Biedrins’ in months. The only team with salary cap space that was reportedly interested in him, other than the Warriors, was Philadelphia. But the 76ers spent their cap money on Elton Brand. So leverage of a fat offer from overseas is Biedrins’ best hope of getting the money he wants from the Warriors, or anywhere in the NBA.

Biedrins’ camp, which was rumored to have its sight set on the ballpark of Chris
Kaman’s contract (five years, $55 million), likely won’t be elated about the offer they’re likely going to get from the Warriors. It would be surprising if Biedrins’ offer even equaled Corey Maggette’s average of $10 million a year. A six-year, $48 million offer may be what Golden State presents Biedrins.

by streetballer on Jul 24, 2008 8:46 PM PDT to parent up   0 recs

This one has a little more info

http://www.sportingnews.com/yourturn/viewtopic.php?t=437999

It says Biedrins and his agent haven’t initiated any talks with any European teams, but 3 teams have inquired as to his availability. His agent basically says Europe is something that wouldn’t be hard to do if he doesn’t get the contract he wants. His agent says:

“We have had good meetings with Golden State, but we want to keep open all opportunities for him. He is in a good position. It would be no problem for him to play in Europe.”

So it sounds like it’s just a thought at this point. If they’ve had good meetings with Golden State, I’m not too worried. And Mully all but said the deals were done. He said he didn’t want to call anything done until they were signed, but he was pretty sure they’d both sign long term deals.

by Eggman on Jul 24, 2008 8:50 PM PDT to parent up   0 recs

From what I gather, the Warriors are starting Monta at 11mil this season. That’s a good move since they can afford to do it as it means his contract will stay the same more or less while the cap and tax can reasonably be expected to increase. I guess the total $66mil (or 67 depending on the reports) was enough. It’s also good for him as money in your own bank account now is worth more than the same dollars down the road.

This leaves the Warriors with about 11mil under the tax threshold for Biedrins. What’s he asking for? What will he get? A deal similar in size could start at 8.7 million and progress upwards at the max allowable raise. Or the could do what they did with Monta and front load it (presumably leaving a tiny bit of space under the tax for the rookie min player should they need to grab one or two as the season progresses, or some pad space in case a trade brings back a touch more cash). In any event, the money is there. The front office has done a reasonable job of keeping it together such that they can pay their guys a salary that should keep them around without paying the tax for what will still be a borderline playoff team.

I’d really, really hate to see Biedrins go. Though some seem to think that his dunks and putbacks are easy and anyone could get them and seem to think that his rebounds were “padded”, I strongly believe that his play substantially adds to our win total. We won’t be nearly as competitive a team without him.

by jae on Jul 24, 2008 9:34 PM PDT to parent up   0 recs

if it's 6 for 66

doesnt his salary progress over the years like maggettes? Which means maybe he’s starting more towards 9 per?

by dso on Jul 24, 2008 10:20 PM PDT to parent up   0 recs

I think you're right

That gives us more room for Andris in year one. I think reports said we’d probably have about $20 mill this year between Monta and Biedrins, so we should have room even if it starts at about $10.

by Eggman on Jul 24, 2008 10:21 PM PDT to parent up   0 recs

I've seen it published that he's getting

11M in the first year. Which is GREAT news. Backloaded contracts absolutely DESTROY the future.

by ohmangoAs on Jul 24, 2008 10:24 PM PDT to parent up   0 recs

From what I read (and this is quite a bit of hearsay and rumor) it isn’t built with the standard raises. If you’re keeping your own FA and don’t need to worry about the cap and giving less than the max, it’s a good way to do it, better than the escalating ones because it means that provided the cap goes up (usually, but not always the case) the player will take up less of it each year.

This almost never happens with another player’s free agent though. When you’re trying to lure someone away into your camp, you’re limited by the cap space in the year you sign him, so unless the player is real nice and doesn’t want much money, it’s more difficult to front load since that year 1 has to fit under the cap. I believe, but do not know, that this is what they did with Maggs.

Now it appears that we also frontloaded Turiaf’s deal, in part to make it more difficult for the Lakers to match, but also because we had the space and it wasn’t a very big contract.

by jae on Jul 24, 2008 10:54 PM PDT to parent up   0 recs

?

Where have you seen that it starts at $11? I have heard otherwise, but they aren’t very reliable sources.

by pree on Jul 24, 2008 10:33 PM PDT to parent up   0 recs

That’s what I saw at ESPN’s web page, where they’re saying it’s a $67mil deal. They said explicitly that the 08-09 salary is $11mil.

target=”new”>http://sports.espn.go.com/nba/news/story?id=3504378

I often wonder how these figures get out. Whenever a contract is signed, the Warriors official release always says “by team policy, terms were not released” but almost invariably, the figures get out there.

I certainly hope that it’s $11 to start and stays level, though it’s not the end of the world if it’s the standard increasing scale (in which case, it starts at about $8.72mil).

by jae on Jul 24, 2008 11:00 PM PDT to parent up   0 recs

E-Mail me ..

pbhattacharya@hoopsworld.com

I need some “cap help” if you will ..

by pree on Jul 24, 2008 11:36 PM PDT to parent up   0 recs

Pree

That’s Chris Broussard- don’t worry about what he says.

He probably just took the $/year average and tossed it in.

by dprodigy19 on Jul 25, 2008 12:26 PM PDT to parent up   0 recs

11 million per year!

Yes We are set.We get to see Monta for the next SIX YEARS.

Buike is Hella buff. Does He take steroids?

by 61ixty on Jul 24, 2008 6:11 PM PDT   0 recs

hmmm

just curious… when was the last time that a Warrior played all the years of his contract in a Warrior’s jersey?

I pray i never have to use a gun again...

...unless i'm at a strip club parking lot...

...and somebody tries to run me over with their car...

...But how often does that happen??

by ssmokinjoe on Jul 24, 2008 7:09 PM PDT to parent up   0 recs

um last year

Matt Barnes played all one year of his one year contract. Ha. I’m guessing that’s not what ya meant tho.

by The Golden One on Jul 24, 2008 7:28 PM PDT to parent up   0 recs

MP2 played his whole rookie contract plus the QO year

But yah, good observation.

Storage is for business, or for family.

by bloodsweatndonuts on Jul 24, 2008 7:52 PM PDT to parent up   0 recs

the new $11 million man!

After the chump change he made last year and the staggering #s he put up, I think he is worth the money. He’s young, he’s dynamic, he IS the future of the Dubs now! Congrats Monta!
Let’s sign Beans and be done with all the speculation already!

Lineup looks set:
Monta
Maggs
Jacks
TMNT
Beans
—-—-
Williams
B-Wright
Buike
Randolph
Bellinelli
Turiaf
Watson
Hendrix
Kosta(?)
Morrow(?)

We Believe!!!

by crossphaded on Jul 24, 2008 6:11 PM PDT   0 recs

You assume watson will still be here???

First D day is tomorrow…another one IF he makes the roster …AND another one IF her is here in January…

by streetballer on Jul 24, 2008 6:14 PM PDT to parent up   0 recs

Why wouldn't they keep Watson?

He’s shown to be a bonafide bench player. Knowing Nellie, he will probably be playing the same kinda minutes as he did last season when he came up from the D-league. They need depth at PG still since Williams is still not proven. I think Kosta is more of a question mark than Watson.

We Believe!!!

by crossphaded on Jul 24, 2008 6:47 PM PDT to parent up   0 recs

Some in the organization are NOT

convinced that he is the right guy for the $$$ we are paying him.

by streetballer on Jul 24, 2008 6:50 PM PDT to parent up   0 recs

I think he is worth the money.

The guy that cleans septic tanks is worth the money. No basketball player is “worth” 11 mil. per year. How much would tickets cost if these guys were paid wages comparable to other jobs :>) ?

Till I get free
I live my life in the Walmart
Cholesterol stalkin me

by Skeptic con Urquell on Jul 24, 2008 8:56 PM PDT to parent up   0 recs

What about

The guy that cleans the skeptic tank?

Sign ^^^^ !!

by Sleepy Freud on Jul 25, 2008 12:59 AM PDT to parent up   0 recs

warriors luck?

Monta goes to the basket 1st game of the year trips tears his acl.

PLEASE STAY HEALTHY.

and learn to play defense.

Maverick Fans Just don't get it.... Dirk = Deutshland

by dallaswarrior on Jul 24, 2008 6:15 PM PDT   0 recs

Wow, way to jinx it. Dallas warrior…. Very suspicious.

by q00pster on Jul 24, 2008 7:28 PM PDT to parent up   0 recs

and learn to play defense

Haha, We shoulda got him for half price since he only plays one way.

Till I get free
I live my life in the Walmart
Cholesterol stalkin me

by Skeptic con Urquell on Jul 24, 2008 8:24 PM PDT to parent up   0 recs

haha

would be funny to bring that up in a contract negotiation. haha i’m sure monta would demand a sign and trade or take the tender. maybe if it was incentive-laden though. 6yrs/33 mil + 5.5mil/yr more for every year he plays good defense

by gogoldenbears on Jul 25, 2008 7:29 AM PDT to parent up   0 recs

he got paid more than boom

he can bring not just his whole family but the entire state of missisipi to have a family bq.
” The boys out in oakland call him the missisipi bullet. ” – greatest line of all time

by kaisersoulzae8 on Jul 24, 2008 6:15 PM PDT   0 recs

$66mil man

Awesome, we have great young players. next year or two might be a little difficult though

by DubsFanFromChi-town on Jul 24, 2008 6:16 PM PDT   0 recs

As expected

once they used up most/all of the salary cap space they signed Monta, 6/66M is alright. Guess Biedrins will sign soon.

by semarubaka on Jul 24, 2008 6:19 PM PDT   0 recs

this is great news

so far 3 players signed today. buike, hendrix, n monta. hopefully biedrins signs his contract prolly 10-15 mill lower than montas.

by GSwarrior on Jul 24, 2008 6:29 PM PDT   0 recs

The terms are about what you’d expect, but still nice to see. Looks like Mully may be trying for a PR moment tomorrow, by putting the new roster (more or less) in place.

by onlxn on Jul 24, 2008 6:30 PM PDT   0 recs

check the warriors homepage

monta featured prominently among the new/resigned players. (i wonder where andris’ pictures is supposed to go…)

by exl on Jul 24, 2008 6:41 PM PDT to parent up   0 recs

Good price

Everything fits

by pree on Jul 24, 2008 6:36 PM PDT   0 recs

let's hope he can play the point

any cap $$ left to get Anthony Morrow and Jamont Gordon on board? With Marcus Williams signed I doubt CJ Watson will be back.

by shootda3 on Jul 24, 2008 7:06 PM PDT to parent up   0 recs

They’d both be rookie min. A team does not need cap room to sign someone to the min.

They do need a roster slot though. Those are getting scarce at this point.

by jae on Jul 24, 2008 8:48 PM PDT to parent up   0 recs

Should be cheaper imo.

by ejdacanay on Jul 24, 2008 6:42 PM PDT   0 recs

Of course it should be cheaper! Everything should be cheaper!

In an ideal world, Kevin Garnett, Kobe Bryant, Dwight Howard and Chris Paul would all bend over backwards to play for the Warriors for free. ;)

Ellis deserves a decent payday. Just be glad he’s not demanding $20 million a year.

by J-Triumf on Jul 24, 2008 8:43 PM PDT to parent up   0 recs

He couldn’t demand 20mil a year. That’s above the max allowable for a player with his tenure in the league.

by jae on Jul 24, 2008 8:49 PM PDT to parent up   0 recs

An exaggeration on my part, no need to take it literally ;)

I’m just saying that we should be glad Ellis planning to stay for a while without demanding a lot more than what he finally got.

by J-Triumf on Jul 24, 2008 9:02 PM PDT to parent up   0 recs

Well, who wouldn’t want to save money? I’m just saying because monta has not reached that superstar status yet, and many of those superstars are getting what he just got.

by ejdacanay on Jul 24, 2008 9:30 PM PDT to parent up   0 recs

According to other news outlets

Beans has met with the Warriors. are you sure about the end of your article?

by ohmangoAs on Jul 24, 2008 8:58 PM PDT to parent up   0 recs

That's not what I've read or heard

I don’t work with agents for most of my info because I feel like they have .. well .. alternative reasons for talking to me? Everything that I have heard points to the Warriors having not really sat down with Biedrins’ people.

This could be one of those situations that comes down to how people define “meeting” unfortunately.

by pree on Jul 24, 2008 9:23 PM PDT to parent up   0 recs

Our pg situation

Monta will be a good pg. I’m sure he’s loving the doubters right now. When you have Baron on your team, you don’t have to play p