Nuggets Won't Match Offer Sheet for Linas Kleiza

Filed under: Nuggets, Raptors, NBA Free Agents

The Denver Nuggets won't match the four-year, $18.8 million offer sheet Toronto has put down on restricted free-agent forward Linas Kleiza.



"It was intimated to us that they won't match,'' Kleiza's agent, Bill Duffy, told FanHouse on Thursday night. "He's ecstatic.''



It became very likely the Nuggets wouldn't match by Friday's deadline when they agreed Tuesday night to sign forward Al Harrington to a five-year, $33.4 million contract. Duffy had told FanHouse that night, "I guess that takes them out of Kleiza.''



While there were some reports that having used its mid-level exception on Harrington eliminated the chances of Denver matching, those were incorrect. Because the Nuggets had Bird rights on Kleiza, they could have exceeded the salary cap to keep him.



However, Kleiza is due to make about $5 million next season in the front-loaded contract. With the Nuggets over the luxury-tax threshold, that would have been equivalent to them paying $10 million when the dollar-for-dollar tax is considered.

 

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Full story at http://nba.fanhouse.com/2010/07/16/nuggets-wont-match-offer-sheet-on-linas-kleiza/