That was a fantastic signing for Phily. Only 25mil over 5 years for Louis Williams? He's already a very good 6th man and he's got very good potential.
With the Speights draft pick they have a nice young 5 man crew:
Louis - Iggy - Thaddeus - Speights - Smith
As for Iggy this doesn't change a thing. They have enough room to sign him. He's reportedly looking for $75mil which he should get when you consider what his fellow 2004 draftees are getting this summer. He'll get that money.