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Daequan Cook re-signed to two-year, $6.5 million deal

by Royce Young on December 9, 2011 at 4:38 pm 47 Comments

Joe Murphy/NBAE/Getty Images

Via Marc Spears of Yahoo! Sports, the Thunder have re-signed Daequan Cook to a two-year, $6.5 million deal. (Originally, reports on Cook’s contract had it at $7.5 million.)

Cook, a restricted free agent, never really showed interest in signing anywhere else other than Oklahoma City. But it was whether or not the Thunder would make enough of a financial commitment to him in order to keep him. His qualifying offer was for $3.1 million for next season and OKC got him for $3.25 million a year.

My snap take? Feels like too much, but it really isn’t. For a specialist like Cook, someone that plays 8-12 minutes a game to take three or four shots, that much money is a pretty heavy price. Especially with second year, which kind of surprises me. But it’s just something you kind of have to pay if you want the luxury of a shooter.

The $3.25 million a year eats up most of Oklahoma City’s remaining cap space and while it won’t have any kind of longstanding impact on roster decisions (i.e. Ibaka, Harden or Maynor), it does mean the Thunder will now definitely be standing firm throughout this free agency. Not that we didn’t know that already.

Compare Cook’s $3.25 million a year to other so-called 3-point specialists though:

  • Kyle Korver: $5 million
  • J.J. Redick: $6.75 million
  • Jason Kapono: $1.2 million

Cook is somewhere in the middle of those — both financially and in terms of ability. So it probably fits within the marketplace.

Cook was an important piece to the team spacing the floor and providing a nice little offensive jolt off the bench last season, shooting a career-high 42.2 percent from 3 and 43.6 percent from the field. He averaged 5.6 points in 13.9 minutes per game last season.

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45 comments
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Perk has a lot of value to our team
Perk has a lot of value to our team 5pts

Oh boy, 9 million for Jeff Green. Harden and Ibaka will be really expensive.

TheresABabyFaceUnderMyBeard
TheresABabyFaceUnderMyBeard 5pts

So now David West sign and trade to Boston? Hollinger says money-wise it would nix the CP3 trade. I'm oh so confused

dantheman
dantheman 5pts

Heard the Celtics are close to signing David West. That means they'll have Jeff Green, Kevin Garnett, David West, and Brandon Bass at the 4.....what is going on?

TaoMaas
TaoMaas 5pts

Color me "confused". I thought the Hornets' trade with the Lakers looked very, very good when I thought they were keeping West. But now that we see that they're trading him, I'm more inclined to think, "WTF?" How much sense does it make to trade your stars and keep your role players? To me...the answer is, "Not much".

courtsense
courtsense 5pts

@dantheman Jeff Green is not a 4, especially with West joining the Celtics. Unless he's moved in a trade, Green will only get time behind Pierce at the 3.

dantheman
dantheman 5pts

@courtsense

I'm just really confused by their front court rotation.

Pierce/Green

Garnett/West/Bass/Wilcox/Green

???/Wilcox/Bass

shiki
shiki 5pts

@dantheman And Wilcox is signed by them.They have many PFs but no C

TheresABabyFaceUnderMyBeard
TheresABabyFaceUnderMyBeard 5pts

@dantheman if this deal isn't killed, it becomes excessively obvious that there is some ridiculously suspicious activity going on with the NO/NBA ownership conflict of interest. Unless the Hornets are immediately able to move the pieces they get from the trade for some magical and unrealistically good pieces, then David Stern essentially forced NO into NOT getting 4 starters and a draft pick, AND allowed them to lose their other best player for nothing.

TheresABabyFaceUnderMyBeard
TheresABabyFaceUnderMyBeard 5pts like.author.displayName like.author.displayName 2 Like

How did Royal Ivey getting his degree slip by us in the daily bolts? (or slip by me, mightve been in there). Congrats to the man for finishing the job

ThunderChick2010
ThunderChick2010 5pts

Good to hear! He's just seemed like such a great fit for the Thunder and I'm glad it's official now.

[censored]
[censored] 5pts

Sounds like Jeff Green accepted the qualifying offer from Boston.

itstheMs
itstheMs 5pts like.author.displayName like.author.displayName 2 Like

I don't know why but I have a feeling that Cook may show us more this year.

shiki
shiki 5pts

How much does James Jones get?A heat fan says he is much better than Cook.

I cannot see he is better than Cook but he should be cheaper than Cook.

Grolgar
Grolgar 5pts

A Heat fan would say that because Daequan had a terrible last season shooting in Miami. I'm sure that's what most of their fans remember... not his hot second half of last year.

ThunderKid89
ThunderKid89 5pts like.author.displayName 1 Like

Sounds like a little too much at first take, but, as always, you have to give Sam Presti the benefit of the doubt. In my opinion, he's the best at what he does. So, Give DQ his 3.75 and let's go Win the Finals!

SammyThunderer
SammyThunderer 5pts

GSW is prepping an offer sheet for DeAndre Jordan rumored at $10 per.

SammyThunderer
SammyThunderer 5pts

What's the deadline for Russ to sign?

[censored]
[censored] 5pts

@SammyThunderer Does he even have any incentive to sign right now? If he makes another All NBA team wouldn't he be eligible for a bigger contract? And if not, he can still get what he's eligible for now?

Darin
Darin 5pts like.author.displayName 1 Like

No wonder my check today from the Thunder would not clear.... I received my refund check for cancelled games and my Bank called to verify funds for the amount of the check. They called me later and said the check would not clear. I said, did you hear what you just said to me??? The Thunder can clear a check for $4000, try it again. They called me back and said there was a mistake... it will clear. Wow, I thought DQ had my money for a second. W

What a day....

TheresABabyFaceUnderMyBeard
TheresABabyFaceUnderMyBeard 5pts

Of all the bad offseasons the Blazers have had over the years, this might take the cake. Reports that Greg Oden suffered setback, restructuring contract

SammyThunderer
SammyThunderer 5pts

@JimboSlice This might be a bad couple weeks, but Blazers fans knew hope of a Roy/Oden/LA dynasty was over early last season, when it was clear just how effed up Roy's knee was and with the announcement that Oden was injured trying to rehab from his previous injury.

[censored]
[censored] 5pts

@SammyThunderer@JimboSlice Yeah they're getting closure nowon the whole thing, they'll be out from under Brandon Roy's deal in a year, and Paul Allen still owns the team. They'll be back.

SammyThunderer
SammyThunderer 5pts

@JimboSlice Was supposed to be back around January. Now there are doubts he'll play this season. I, for one, am shocked.

courtsense
courtsense 5pts

Signing Cook still leaves Presti about $3.5 million or so under the cap...resolving the Nate Robinson buyout will be the key to freeing up a few more dollars in case they need to make another deal.

GeoLogger
GeoLogger 5pts

And we could amnesty Brian Davis, that should relieve us another 10 or twenty dollars.

f5alcon
f5alcon 5pts

looks like brandon roy is retiring.

shiki
shiki 5pts

@f5alcon I dont like him,but it is a sad ending for a talent player.Maybe Blazers should employ better doctors

TheresABabyFaceUnderMyBeard
TheresABabyFaceUnderMyBeard 5pts

@shiki@f5alcon I don't think there's much they could've done in his particular situation sadly. Had he gone on to have a career, he would've only been the first player ever to do so with his particular surgery...

... Their evaluation of Greg Oden though is a different story

shiki
shiki 5pts

@[censored]@JimboSlice@f5alcon I think they know.They paid long time to negotiate an extension for Roy.

But they had to sign him because he was their top star and no evidence showed his knee program would end his career.

TheresABabyFaceUnderMyBeard
TheresABabyFaceUnderMyBeard 5pts

@[censored]@shiki@f5alcon o yeah true. Statement retracted

[censored]
[censored] 5pts

@JimboSlice@shiki@f5alcon Everyone knew he had knee problems when he was drafted and didn't the Blazers know of the degenerative condition when they extended him?

[censored]
[censored] 5pts

@f5alcon I wanna feel bad for Roy but the way he whined about it all the last two seasons turned me off from him a bit. Great player and sad situation, still.

SammyThunderer
SammyThunderer 5pts

@[censored]@f5alcon My UW loyalty overrides my dislike for how he handled the situation. And I didn't even go to UW.

f5alcon
f5alcon 5pts

hopefully this extra money means he gets more minutes and less of thabo. Really i am ok with it, it is only 2 years and meand he is expiring trade piece next year.

DXL
DXL 5pts like.author.displayName like.author.displayName 2 Like

ESPN says 2 years, 6.5 million for Cook. That makes more sense.

Grolgar
Grolgar 5pts

Link?

SammyThunderer
SammyThunderer 5pts

@Grolgar 6.5 confirmed by mayberry on twitter

[censored]
[censored] 5pts

@DXL That's better.

[censored]
[censored] 5pts

Cook came on defensively late last season I thought. If he's coming off the bench with Thabo instead of Harden, he might be better off there also.

Brob785
Brob785 5pts

Very happy with this

phatlad
phatlad 5pts like.author.displayName 1 Like

With this shortened season, he's gonna see a lot more action just because everyone will need their rest.

SammyThunderer
SammyThunderer 5pts like.author.displayName 1 Like

Slightly too much. But there's no world in which this contract is a killer. V. low risk, low reward with potential for more. It's not gonna affect the team's cap much going forward. I like it.

[censored]
[censored] 5pts

@SammyThunderer I'm lukewarm on it. It's too much, and I think the team could use a player like Cook with more size. But they know him, and in a shortened camp he knows the system and we already have set plays that involve him. In a league where Jason Kapono gets full MLE, I guess we're in no position to complain.

SammyThunderer
SammyThunderer 5pts

Or, rather, I don't not like it.

ultimatesooner
ultimatesooner 5pts like.author.displayName 1 Like

Nice, hopefully he gets in his groove earlier in the season this yeah and gets a few more minutes. I still like he can contribute even more than last year

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