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RETRIEVING CONTENT...PLEASE WAIT
Powe's Contract Details
Monday, August 7, 2006
by FLCeltsFan 7:53 AM
August 7, 2006
Powe's deal is fairly complicated with a lot of incentives. I like this kid and feel that he will be able to play in the NBA if given a chance. Good to see that both he and Rondo are in Vegas working with Tim Grgurich.
| The Celtics' deal with Leon Powe, the 49th pick in the draft, makes it look as though he'll be sticking around for at least this season. According to a league source with knowledge of the rather convoluted arrangement, the deal is for three years, with the first year guaranteed at $432,000. The second year ($687,456) becomes guaranteed if Powe appears in 41 games and if his average of points, rebounds, and assists totals at least 14 per game. (There's also a clause that guarantees the second year if he makes the All-Rookie team.) There's a similar arrangement for the third year ($797,581) in terms of appearances and averages (the magic number in Year 2 goes from 14 to 16). However, if Powe appears in fewer than 41 games next season and doesn't make the All-Rookie team, the Celtics can get out of the last two years of the deal simply by placing him on waivers prior to July 1, 2007. Powe and first-round pick Rajon Rondo were in Las Vegas this past week participating in the annual camp run by veteran NBA assistant coach Tim Grgurich, who was UNLV's head coach for one year and an assistant on Jerry Tarkanian's Runnin' Rebels teams for 12 years.
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source:Globe
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