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Charlie Villanueva picks up $8.5 million option

Vince Ellis of the Detroit Free Press:

Detroit Pistons forward Charlie Villanueva has picked up his $8.5-million option for next season.

That was expected. Charlie Villanueva has drastically underperformed his contract with the Pistons, and he wasn’t getting near that amount as a free agent.

Now – if money is no object – the Pistons should amnesty Villanueva. There is no argument here.

I suppose it’s possible having an $8.5 million expiring contract represents more value to the Pistons than having an extra $8.5 million in cap space (though I doubt it), but the argument could be made the Pistons could sign free agents up to the cap line, trade an $8.5 million contract for up to $12.85 million in returning salary and exceed the salary cap by more money than could by taking the straight cap-space route.

But if the Pistons want an $8.5 million expiring contract, the could amnesty Villanueva and very easily sign a better player to a one-year, $8.5 million contract. That better replacement would fetch more in a trade.

Of course, money is an object.

Amnestying Villanueva and signing a replacement to a one-year, $8.5 million contact would cost the Pistons $17 million – an $8.5 million more than just keeping Villanueva. Is that price worth it to Tom Gores? Probably not.

The Pistons should still strongly consider amnestying Villanueva, though. They aren’t forced to sign a replacement, but the cap space would be available in the event they need it.

Remember, amnestied contracts count against the payroll floor, which will be set at 90 percent of the salary cap this season. So, using last season’s salary cap of $58,044,000 for this explanation, teams that don’t use the amnesty could enter the season with a maximum of $5,804,400 in cap room. If the Pistons amnesty Villanueva, they could hold as much as $14,304,400 in cap room. That would be a major advantage in mid-season trade negotiations.

37 Comments

  • May 22, 20134:46 pm
    by I HATE FRANK

    Reply

    Shocked…why would he do that?

  • May 22, 20134:54 pm
    by Thiago

    Reply

    They should be try to trade him and Stuckey for a hot dog and a sucky contract to all the other 29 teams.

     

    • May 23, 201310:14 am
      by sop

      Reply

      would you take Stoudemire’s ridiculous contract for Villanueva and Stuckey?

  • May 22, 20134:57 pm
    by Corey

    Reply

    The comment about amnesty’d contracts counting on the salary floor is important. That’s huge. The pistons should definitely amnesty CV and then sign no one with that money, unless they get a great player. Going into the season with $15m in cap space to make deals, when other teams will have a few million at most, would be hugely valuable. They could pick up 2-3 first round picks from teams trying to get out of the luxury tax with that extra space, or useful young players.

    If they just keep CV, we’ll know they aren’t serious about trying to build a winner.

    • May 22, 20135:03 pm
      by Thiago

      Reply

      I think they’ll hold CV until the last minute when this 8,5MM matters. Also, his value as trade bait is up in his last year.

      • May 22, 20136:26 pm
        by tarsier

        Reply

        But the trade value of $8.5M of empty cap space is even higher than that of an $8.5M expiring deal.

      • May 22, 201310:38 pm
        by Ryan

        Reply

        Agreed. I think Joe will hang on to him until he has a deal ready with the cap space (FA or trade). Best case, next year we’re battling for a low playoff spot against the Noel-Irving Cavs or whoever the Bucks get back when they trade Jennings, unless Chris Paul inexplicably jumps ship or somebody inexplicably decides to let us absorb an All-Star. Why not keep Uncle Charlie on the bench as injury protection if Bennett’s at the 3 and we don’t know he can play there or we draft a guard and we’re still shallow at 2/3? As long as he’s off the team by next summer, we’ll be back in the hunt in a better FA market anyway.

        • May 22, 201310:59 pm
          by tarsier

          Reply

          Because that money could be used to sign better injury protection. No matter how you slice it, you could get a better player for less money, even on an identical one-year expiring deal.

          So, perhaps not from a money perspective, but from a basketball perspective, there is literally no argument for keeping CV unless you think he will play like an $8M/yr player. 

          • May 23, 201310:57 am
            by Huddy

            As a fan we should all want to see him amnestied, but from a money perspective that is quite a load to pay for nothing.  If we resigned someone better on an identical deal its like paying 16 mil for some bench guy.  That being said it would be a good way for Gores to show he is serious about doing what it takes.
             

          • May 23, 20132:21 pm
            by Ryan

            Yeah, and they wouldn’t necessarily have to spend $8m – they’ll be limited by roster spots – so they could bring in a Martell Webster or Dorell Wright for much less than that. 

            I’m mostly saying I think it’s more a question of needing the roster spot and having that 15th player lined up before they pull the amnesty card. It would create a whole new set of problems if they overpaid a Webster/Wright type to get them here, and their options are kind of limited on trades since a lot of GMs will get killed if they deal with us and don’t get Dre or Moose back.

            Either way, I don’t think they necessarily need to let Charlie loose now to show that they’re serious. We’ll probably have to settle for incremental gains for at least another year.

  • May 22, 20135:59 pm
    by Mr.BlockedShot

    Reply

    It was clear CV was going to make himself an amnesty candidate…good for him and good for the Pistons as they can use it as trade value. Hopefully that trade is made as soon as possible. Can’t see any value on CV for the Pistons right now.
     

  • May 22, 20136:16 pm
    by gmehl

    Reply

    I wouldn’t give CV an $8.50 contract

    • May 22, 20137:21 pm
      by Mack

      Reply

      CV wouldn’t give CV an $8.5 million contract, thats why he picked it up – he knows he is not worth it. 

      • May 22, 20138:31 pm
        by Jeremy

        Reply

        I agree with you for the most part, other than the fact that it is the only reason he picked it up. The vast majority of players with player options written into their contracts pick them up because the last year of the deal is usually the largest. I’d rather have CV at $8.5 mil than the $13 mil that Gordon is pulling in this year. 

        • May 22, 201311:34 pm
          by Mack

          Reply

          I disagree. CV is obviously money motivated, with being paid already – he is “cancerous to his team”. The guy has a terrible work ethic and the young team do not need his “veteran” presence. The guy couldn’t even make the Dominican Team, what worth does he have? My opinion, but I do not think 4.5 million is enough to keep this “headache” on the team.
           

          • May 23, 201311:03 am
            by Huddy

            He is a money-motivated cancerous headache?  He didn’t offer himself this contract.  What kind of idiot would turn down 8.5 mil?  He is a bad greedy person because he is adhering to the contract the team gave him?  Get over it. 

    • May 23, 20131:04 am
      by PG

      Reply

      $8.50 contract! Overpriced!I can sign Oden for $6.50.

  • May 22, 20138:29 pm
    by Jeremy

    Reply

    As of today, the best option is to ride CV and Stuckey’s deals out and go into 2014 with cap space. I’m not saying don’t explore the option of moving those deals at the deadline, but I like the option of going into the offseason with cap space. I also don’t see Gores paying someone their full deal to just go away. A buy out at half the cost is a much more likely situation to occur in my opinion. There is a team out there that will pick CV up. Not only would this move clear up some cap this offseason but next as well when the dead money of the deal comes off the books. 

    Regardless of what they decide to do with the expiring deals of CV and Stuckey, they need to drop some money this offseason. I as a fan would be disappointed if I didn’t read an article about them throwing money at CP3 at the very least. Even if he doesn’t come, it doesn’t hurt to throw an offer out there. It only hurts not to make an offer. 

    • May 22, 20139:00 pm
      by jordan

      Reply

      Good thing we didn’t trade a first round pick to get cap space a year early then…

    • May 22, 201311:03 pm
      by tarsier

      Reply

      Does nobody understand the fact that that can just as easily be done by amnestying CV? It’s not like that makes the cap space go away. It just makes more options. Like the possibility of giving a FA an extra large signing bonus so that he can be paid a lower annual rate on his contract.

      Keeping CV around is just throwing an asset (the amnesty clause) into the toilet for no reason. Maybe you can’t get much out of it. But at least take the little you can. 

  • May 22, 20138:51 pm
    by Trent

    Reply

    Amnesty the chump. I follow him on Instagram and every picture is of a new Lamborghini or some new bling he is buying with money he hasn’t earned from our once proud club. Better yet, trade him to Charlotte for like $1.50 in cash consid. He deserves to rot at the bottom of the league.

    now I’ve aired that grievance…does anyone think Danny Granger is a fianle target fOr us? If healthy he is exactly what we need but I guess it depends on how big that IF is. Stuck & our no.8 pick? Would that be enough?

  • May 22, 20139:41 pm
    by joe

    Reply

    Who cares?

  • May 22, 201310:12 pm
    by danny

    Reply

    I thought he said he was always going to do whats best for the team.

    • May 23, 20131:45 am
      by joe

      Reply

      YEAH TEAM VILLI!!!

    • May 23, 201310:00 am
      by tarsier

      Reply

      I guess in theory, what is best for the team is for him to take the option and be amnestied. It’s not best for the owner, but it is for the team. So he threw the ball back into Gores’/Dumars’ court.

  • May 23, 20132:25 am
    by Otis

    Reply

    I think there is a legitimate chance Charlie contributes as much next season as any of the team’s offseason additions. Who is going to come here? Let’s be honest with ourselves.

  • May 23, 20135:28 am
    by Derek

    Reply

    I think you have to free the team of dead weight that gives you nothing: Villaneuva and Stuckey.  We have to find a deal out there to get those guys out of Detroit. Git er done!

  • May 23, 20135:56 am
    by Grizz

    Reply

    Dumars has made some really bad decisions giving contracts to Stuckey, Gordon and Charlie V .. On the bright side .. his recent draft picks have been quite strong .. Unfortunately, throwing bad head coaches out there also have been big downers that just made bad personnel decisions even worse .. Yeah . Frank was not his first choice but shouldnt he have objected more? That 0 and 16 should have been the key heads up about not hiring Frank ..  Will the new head coach make everything all right again? Hope so !!!

  • May 23, 20139:25 am
    by danny

    Reply

    I’m not ready to pull the plug on Stuckey just yet.  Yes he was not what we hoped for but he still is a good player.  He just needs a that knows how to use him properly.  Work on that jumper as well and I think he will be a good role player.

    • May 23, 20139:58 am
      by G

      Reply

      He’s overpriced for a role player & his best role is as a ball-dominant scorer off the bench. If he’s willing to take a pay cut, he might be worth $5M a season on his next contract. I don’t think he’d be willing though.

      • May 23, 201310:20 am
        by sop

        Reply

        Villanueva will be forced to get paid less wherever he goes. It won’t be Detroit though, Joe D knows the fanbase loathes him. I don’t care about the boxing the guys just instant strong enough to play PF even as a stretch. my guess is he signs with a contender next. Lakers if they retain Dwight or maybe Miami.

        • May 23, 201311:19 am
          by G

          Reply

          Was talking about Stuckey, not Villanueva.

          You think Charlie V will sign with a contender? I think he’ll sign with whoever pays him, and that’s unlikely to be a contender.

  • May 23, 201311:24 am
    by tiko

    Reply

    YESSSSS!!!!! 

    ………… 

  • May 23, 201311:29 am
    by MIKEYDE248

    Reply

    Didn’t he announce this at the end of the season?  How is this anything new?

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