View Full Version : Bobcats & Tyrus Thomas Agree on 5-Year, $40 Million Deal

07-09-2010, 05:40 PM

Bobcats, Thomas agree on five-year deal
-The Charlotte Bobcats beat out the New Jersey Nets for the services of their free agent forward Tyrus Thomas, agreeing to terms on a five-year, $40 million deal, according to league sources. The deal is fully guaranteed with no partial language or team options late in the deal.
The Nets were expected to drop an offer sheet on Thomas any day now, but the Bobcats short-circuited the process by aggressively courting Thomas, who was acquired from the Bulls at the trade deadline last February for Flip Murray, Acie Law and a future first-round pick.
The 24-year-old Thomas, the fourth pick overall in the 2006 draft, played off the bench and was a major energy provider down the stretch last season for Charlotte, which made the postseason for the first time in franchise history.
But Charlotte, obviously, expects Thomas to challenge starter Boris Diaw next season. Thomas averaged 10.1 points and 6.1 rebounds in nearly 22 minutes a game for the Bobcats.
The news on free agent guard Raymond Felton may not be as good, however. Discussions between the team and Felton's agent have been stuck for more than a year, with Felton signing a one-year deal last season, and both sides appear destined for a divorce. Felton has already visited the Knicks and Heat, and New York certainly has extensive cap space after losing out on LeBron James, Dwyane Wade and Chris Bosh, despite signing Amare Stoudemire to a five-year, $100 million deal.
Bobcats owner Michael Jordan has made it clear that he is not going to pay luxury tax next season, and Charlotte is getting closer and closer to the tax threshhold after agreeing to terms with Thomas.