B. We added intriguing, but expensive role player talent, + a good but aging 6th man, and lost a lot of flexibility by committing to so many long-term, sizable deals. I'm tempted to drop the grade to B- because we did so little to address our massive rebounding problem - basically, we're hoping that Jared Sullinger is NBA-ready.
To maintain pole position as a fringe contender when free agency and new cap restrictions posed such a threat, is quite an accomplishment, but the Lakers set the bar higher this offseason, just as the C's did in 2007, and the Heat did in 2010. They went from non-contender to frontrunner.
This is all very confusing.
First, the longest term deal Danny signed anyone to was Jeff Green at 4 years. We can debate the merits of Green all day, whether he is overpaid or not, whether he is any good or not, but I don't necessarily consider signing a 25 year-old to a 4-year deal as something "long term." Just locking him up in his prime, and for the rest of Rondo's contract. After that, you have nothing but 3 year deals, all of which are reasonable money. KG might not even see the end of his deal. Ditto Jason Terry.
You complain about how expensive our deals were. Can you name some players who you would have signed in lieu of Bass, Green, Terry, Lee, etc. that project to be at least as good, while costing significantly less money? In addition, exactly what stopgap were we going to get to address our rebounding deficiencies that does not violate your deal criteria of "sizable" and "long term?"
I don't see how you can classify a team that nearly beat Miami in the EC Finals last season, a team that seemingly is much improved on paper, as a "fringe contender." They are a contender. Period. Not a guaranteed trip to the NBA Finals, but certainly a contender for that trip.
Finally, you cannot grade the offseason in the context of Miami signing Lebron and Bosh, or in the context of LA trading Bynum for Howard. These were two unique circumstances that occurred for two very unique franchises (ex. they are the best destinations for players in the country.) While it was very nice for us to acquire KG and Ray in 2007 and build the nucleus that brought us all this success, those situations are rarely, if ever, going to occur again.