Friday, July 2, 2010

Channing Frye, Amir Johnson, Rudy Gay re-signing with current teams

As the first official day of the 2010 NBA free agent period draws to a close, three targets have decided there is no place like home. Rudy Gay, coveted by many teams as a sort of backup plan, will stay with the Memphis Grizzlies, reportedly agreeing to a five-year, $82 million deal. The Raptors came to terms with Amir Johnson to the sound of five years and $34 million. Channing Frye also will return to his current team, agreeing to a five-year, $30 million contract.

Rudy Gay was being sought after by many of the same teams who were trying for the "Big Names" on the market, but the Grizzlies decided to be aggressive instead of letting those other clubs set the market for him. Since Gay was a restricted free agent, it made sense for Memphis to sign him right away instead of being forced out of the bidding by other teams who could frontload the contract, which wouldn't have allowed the Grizzlies to match the offer due to their current salary cap number. While the team may have overpaid for Gay, they avoided a bad situation by doing so.

When it comes to overpaying, the Raptors certainly did so with Amir Johnson, who averaged six points and five rebounds per game for Toronto last year.

Channing Frye commanded some interest from the predatory teams looking for new pieces but decided to return to the Suns. Playing alongside Steve Nash, Frye had the best season of his career in 2009-2010 with Phoenix.

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