Not content to sit idly by and have their off-season plans destroyed by the departing Chris Bosh, general manager Bryan Colangelo and the Toronto Raptors opted instead to kick off free agency by agreeing to re-sign Amir Johnson to a five-year, $34 million contract.
The Johnson signing represents a commitment to rebuilding with the right long-term pieces for the start of the non-Bosh era. The 23-year old figures to be a key part of the frontcourt rotation for years to come and will have a chance to expand beyond his current role as a shot blocker and rebounder.
But to brush aside this ridiculous contract as a quality investment would be to assume that other teams were prepared to pay an average of $6.8 million per season over five years for a back-up big man who has had an exceedingly difficult time remaining on the floor due to his severe propensity for committing fouls. It is a perplexing expenditure for a franchise currently dealing with the consequences of another exorbitant contract that blew up in its face, and one dealing with several others (Calderon, 3 years and $29 million; Bargnani, 5 years and $50 million).
The consensus opinion after the first day of the most anticipated free agency period in league history is that rampant overspending is to be the norm, so the Raptors are certainly not alone in their dread. If Darko Milicic, who has averaged five points and four rebounds in 17 minutes per game for his career and was seriously contemplating moving back to Europe (always something of a buyer beware situation), can get a four-year, $20 million contract to play in sunny Minnesota, Johnson’s contract would seem right in line. The problem with that logic, however, is that such rampant league-wide spending is never an excuse for fiscal irresponsibility which can cripple an organization for the better part of a decade, particularly one that is already at the decided disadvantage of being located in another country and desperately trying to recruit citizens of the United States. Read more…