Oct 25, 2013; Dallas, TX, USA; Indiana Pacers shooting guard Lance Stephenson (1) brings the ball up the court during the game against the Dallas Mavericks at the American Airlines Center. The Pacers defeated the Mavericks 98-77. Mandatory Credit: Jerome Miron-USA TODAY Sports

Lance Stephenson rumors: Stephenson's value dropping

Indiana Pacers’ guard Lance Stephenson reportedly turned down a five-year, $44 million offer to re-sign with the Pacers and they may have proven to be a big mistake.

The Charlotte Hornets and Dallas Mavericks have reportedly been very interested in Stephenson, but they have inked deals with Marvin Williams and Chandler Parsons. The Boston Celtics, Chicago Bulls and Los Angeles Lakers all seemed interested at some point, but they never seriously pursued Stephenson.

Lang Greene of Basketball Insiders believes Stephenson’s value is declining.

The Pacers reportedly offered Stephenson five-years and $44 million early in free agency but the dynamic swingman refused to sign on the dotted line. With restricted free agent forwards Chandler Parsons and Gordon Hayward each receiving contracts that will pay over $15 million per year Stephenson was wise to turn down Indiana’s initial overture. However, the Pacers’ offer is now even less than what they offered originally.

To make matters worse for Stephenson, the number of teams with the cap space needed to offer him the contract he desires is dwindling by the minute. Reports indicate Charlotte and Dallas had interest, but Charlotte signed Marvin Williams after missing on Hayward. Dallas’ space has since been used on Chandler Parsons.

Stephenson averaged 13.8 points, 7.2 rebounds and 4.6 assists per game this season while shooting 49.1% from the field, 35.2% from beyond the arc and 71.1% from the charity stripe in the regular season. In the postseason, he put up 13.6 points, 6.9 rebounds and 4.2 assists per game. He shot 45.5% from the field, 35.8% from downtown and 71.4% from the free throw line. In his four-year career, he has averaged 9.1 points, 4.4 rebounds and 3.1 assists per game while shooting 46.7% from the field, 32.5% from three and 71.1% from the free throw line.

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Tags: Indiana Pacers Lance Stephenson NBA Free Agency

  • pitzer

    Let’s go Lance… We got some work to do, and hearts to break… Larry knows talent, and that contract is right.

  • Kush

    Stephenson could end up in New York or Miami stay tuned

    • pitzer

      He wants to be on a contender.

    • Ian

      New York with their negative number of cap space? Or Miami, who still has to fit D-Wade under the cap (and who plays the same position). Utter nonsense.

      • fidel305

        Heat can sign him with wades $15 million and then use wades bird rights to the go over the cap to sign wade if they were willing to pay luxury tax on lance. He’s not worth it and I doubt the heat have an interest

        • Ian

          I don’t think they can actually, because they have hard capped themselves at 81M by using the full midlevel. Unfortunately the various salary cap sites don’t update very often so its hard to tell exactly where teams are at (I mostly want to see Charlotte).

          Even if they could, Lance plays the same position as D Wade, and they have Deng at SF (who won’t be coming off the bench either).

  • pitzer

    The few times Lance turned the ball over, dwarfed the number of times the pacers got bad calls, from the refs.

    • Ian

      I’m a big Lance fan, but don’t blame the refs. The Pacers didn’t struggle in the playoffs because of the refs. They struggled because their offense is (as Simmons put it) like a clogged toilet.

      Lance’s no look pass into the stands when the Pacers were trying to comeback in Game 2 (I think) is a prime example. He’s tons of potential and want him back on the Pacers, but don’t deny he has faults. If the only knock against him was his attitude he’d have been signed by now. Fact is his game also isn’t consistent enough yet to be an a-lister.

      I’m shocked that he’s lasted this long on the market though.

      As for the comment in the article, I haven’t heard anything about the Pacers pulling their offer or lowering. Yes they signed some FA but I think the assumption is that they’d cut scola and possibly trade someone (Copeland most likely as sad as that is) for nothing if they had to to fit him in. In fact I still think they’d be thrilled if he took it because it will lock him up for 5 years, when the cap is expected to spike in 2. He could become the biggest bargain in the NBA. I’d be worried that if he does improve to superstar level in 2 years that he’s going to start pouting about the deal though. If I was his agent I’d try and negotiate an opt-out after 2-3 seasons.