Truth & Rumors > NBA

J. O'Neal not opting out of contract

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If the Indiana Pacers want to part ways with Jermaine O'Neal, they'll have to trade him. O'Neal's representatives recently informed the Pacers he will not opt out of the final two years of his contract. O'Neal had until June 30 to decide whether to become an unrestricted free agent. The Pacers weren't surprised. President Larry Bird said in February he didn't expect O'Neal to opt out because he would be leaving behind $44 million on the final two years of his contract.That doesn't guarantee O'Neal will return. The Pacers likely will look to trade him.

Indianapolis Star

Jermaine O'Neal, Getty Images Jermaine O'Neal, Getty Images
June 5, 2008  05:01 PM ET

Good luck trying to trade that contract Larry.

June 5, 2008  05:21 PM ET

wow...that sucks...he sucks. he knows he won't get a deal like that anywhere else since he's been an injury waiting to happen for the past few years. wonder what will hurt him this year? putting his earring in his ear will cause a pinched nerve. no one's going to pick up his contract. his scoring is down and he's injured too often.

June 5, 2008  05:27 PM ET

He'll be traded but Indiana will have to keep paying close to half his salary.

June 5, 2008  05:28 PM ET

It is a smart move on O'Neal's part. No way would a team be willing to give him a $22 million per year deal these days.

June 5, 2008  05:30 PM ET

He would be stupid to opt out

June 5, 2008  05:51 PM ET

Their both stuck.Nobody is going to trade for O'neal and he will not get paid anywhere near that amount anywhere else!! Go Lakers!!!!!!!

June 5, 2008  06:00 PM ET

Their both stuck.Nobody is going to trade for O'neal and he will not get paid anywhere near that amount anywhere else!! Go Lakers!!!!!!!

TEEDUB | 06/05/08, 05:51 PM
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The beauty of it is if they can't trade him then they can cut him to avoid the luxury tax - much the same way that the Mavs did with Finley. But you know Bird wants to get something for him.

June 5, 2008  06:21 PM ET

Their both stuck.Nobody is going to trade for O'neal and he will not get paid anywhere near that amount anywhere else!!

TEEDUB | 06/05/08, 05:51 PM

No they aren't both stuck. O'Neal has a guaranteed $44 million. The Pacers are stuck because they can't trade him.

June 5, 2008  06:58 PM ET

Their both stuck.Nobody is going to trade for O'neal and he will not get paid anywhere near that amount anywhere else!!

TEEDUB | 06/05/08, 05:51 PM

No they aren't both stuck. O'Neal has a guaranteed $44 million. The Pacers are stuck because they can't trade him.
Hllywd | 06/05/08, 06:21 PM

I agree with your wording 100%.I guess you cant call it stuck when your making that much money!!
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June 5, 2008  07:21 PM ET

why would he? el sucko.

June 5, 2008  10:40 PM ET

He will be a Bull for 1/5 the price

June 6, 2008  12:30 AM ET

He will most likely be a cav, since szcerbiak and Snow both have expering contracts which equal around 19 million.

June 6, 2008  02:43 AM ET

over paid for potental. max player deal for a average skilled player. no wonder teams have a hard time getting better.

June 6, 2008  04:19 AM ET

Trade him for 20 basketballs. That one guy in the minor leagues got traded for 10 bats worth $650.

June 6, 2008  07:50 AM ET

I would not leave 44M or 22m/yr

June 6, 2008  08:44 AM ET

buts its sad that players get contracts like that and are scared to give them up because their circumstances. Point: stop being injured all the time. everything is an injury to him. go to a specialist and see how he can makes his bones stronger...lift more weights. work on his agility. sad thing is he won't give up the money because he knows: he's always injured and no one wants him for that reason unless they pay him much less...and he knows his skills aren't as good as he faked. arenas injured for a whole season believes in himself enough to still opt out because he really believes he has skills. losers like oneal who don't live up to their talent, play good when contract coming up and when they have long term deals, take multiple year vacations suck. don't they have enough pride to want a legacy of being the best or to want to be in the hall of fame?

June 6, 2008  10:05 AM ET

isnt this guy the deadest nba star of this generation!?

June 6, 2008  10:57 AM ET

44 over 2, that's a lot. Who signed off on that one, was it a five or seven year deal?

June 6, 2008  11:28 AM ET

"its sad that players get contracts like that and are scared to give them up because their circumstances"

Huh ?

Um- they have a contract.....
some have 'opt out' clauses -
which are FOR THE PLAYERS benefit- NOT the team.

it is put in so that if the market IMPROVES or the situation is AWFUL
the PLAYER has a chance to leave.

O'neal would be FOOLISH to opt out- due to recent injurys & that he is making a TON of $......
Only way he'd make 44 MIL now is with a 4 year deal (minimum)
that's just Bad business

 
June 6, 2008  11:28 AM ET

"its sad that players get contracts like that and are scared to give them up because their circumstances"

Huh ?

Um- they have a contract.....
some have 'opt out' clauses -
which are FOR THE PLAYERS benefit- NOT the team.

it is put in so that if the market IMPROVES or the situation is AWFUL
the PLAYER has a chance to leave.

O'neal would be FOOLISH to opt out- due to recent injurys & that he is making a TON of $......
Only way he'd make 44 MIL now is with a 4 year deal (minimum)
that's just Bad business

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