We can also offer each player an 8% raise per year. This might not have much impact on Shaq's 2 yr deal (taking it to about 3.8M next year), but it does give Howard some extra incentive since he will likely want to sign a deal longer than 2 yrs.
Shaq 2 yr deal
2010-11 = 3.5M
2011-12 = 3.8M
2 yrs. 7.3M deal
Howard
2010-11 = 6.2M
2011-12 = 6.7M
2012-13 = 7.2M (player option)
2013-14 = 7.8M (team option)
4 yrs 27.9M
This would take Howard to 33 if, as expected, we decline the team option the final year. It also gives him the ability to opt out after the 2012 season, which is the same time most of our other players contracts expire (KG, Allen, Robinson, JO, etc.)
Is that deal and the chance to play on a major contender enough to lure Howard?