I think there will be wide variations in how teams with $$ will structure deals for Ray. I think those who say 3 year deals will be out there are correct, for sure. Tough call for Danny on that one (going beyond KG's deal).
Manu Ginobli's deal pretty much set Ray's value. What was it? 3 yrs, $38 million? Ouch...
I think, to keep both Ray and Paul, resigning them both this offseason to 3 year deals with decreasing values that reflect them both being bench players, or starting role players, in year 3 might be the move that keeps us competitive next year, while keeping some (but not all) flexibility in '12. They both have a fairly good track record of health, and can shoot, which is a skill that doesn't really go away. We'd then have a couple of years to acquire or develop replacements, since right now we have zilch.