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Welcome to the new reality. Many mid-tier players will have to settle for significantly less than they expect.
There was just so much money out there, that it was hard to pass up the chance to be a FA. Same thing goes for the guys trying to make a comeback into the NBA. The money that's available makes it worth a shot. Unfortunately, those remaining are just not good enough for the big bucks; teams are not going to spend just for the sake of using cap space. I think's it's interesting that Kelly Olynyk got a decent-sized contract, but Noel is still out there.
I think it's a sign that Kelly Olynyk is a better player than Noel. Personally I don't think it's even close, Kelly is a much better player than Noel. The only reason Noel isn't universally seen as a room exception player is his age and the fact he was once a touted lottery pick, it takes time for people to let go of that.
That's not really true. In Noel's first 2 seasons, he averaged 10 and 8 with 1.8 steals and 1.7 blocks per game. He's a terrific athlete who still has DPOY potential with his athleticism and versatility.
The last 2 seasons haven't been as good for Nerlens and maybe its because he's just not going to be a starter level NBA player but it can also be explained away pretty easily by injuries, fit, and the whole Philadelphia circumstance.
Noel is a defensive energy big. He'll never be a focus on offense but he can make a difference on defence. Agreed?
If we look at the defensive focused bigs in the league at the moment they are separated roughly into three categories:
1) The max guys
2) Grossly overpaid
3) The min to mid exception players
In category 1 we have guys like Drummond, Whiteside, Jordan, Gobert. Guys who are way above Noel's level of play. They will cause matchup problems that Noel just can't and importantly they can match up with each other in a way Noel can't.
In category 2 we have guys like Howard, imo Adams, Noah, Mahinmi, Thompson, R Lopez and Chandler. Most of these contracts were handed out in the cap boom period and are coming back to bite teams.
In category 3 we have guys like, Dedmon, Baynes, Marjanovic and Pachulia, along with guys like McGee for the min in recent years.
There is very little in terms of middle ground for these kind of players. The centers earning over $10m that aren't overpaid are guys like Gortat who can play both ends. So unless you can prove yourself to be at that very high level of play then you get squeezed a
lot. Noel hasn't proved he is near that level and so he's going to have to accept less than he thinks. If I was too harsh in saying he's a room exception player then I don't think I'm too harsh in thinking he'll get less than $10m. Else he'll be overpaid based on the current market.
Edit: Here's the Spotrac data I was looking at for contracts in case you wanted to look.
http://www.spotrac.com/nba/rankings/cap-hit/center/