Warriors buy out Adonal Foyle for $13 Mil.

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PostPosted: Mon Aug 13, 2007 11:53 pm
By Marcus Thompson II
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Article Launched: 08/13/2007 05:54:12 PM PDT

After 10 seasons,
Golden State's longest-tenured player, center Adonal Foyle, is a Warrior no more.
The Warriors and Foyle reached a buyout agreement, the team announced Monday, continuing the gradual roster overhaul that Chris Mullin started when he became the executive vice president of basketball operations in 2004.

Just over a month after trading guard Jason Richardson, the team's longest-tenured starter, the Warriors unceremoniously severed ties with Foyle, 32, who played with the Warriors for all 10 of his NBA seasons.

According to a person with knowledge of the negotiations, Foyle agreed to accept $13 million of the nearly $20 million he was due in order to get out of his contract.

"I love the people of the Bay Area and I will miss them the most," Foyle said on his Web site, http://www.adonalfoyle.com. "They opened their arms and welcomed me to their community. And I will forever be grateful for their support and I will continue to make the Bay Area my home."

Foyle has to clear waivers first -- any team that picks him up would be on the hook for his presettlement salary -- so he won't be a free agent until August 21.

Foyle's departure not only clears up a roster spot but gives the Warriors some immediate salary cap relief. He was under contract for $29.25 million over the next three seasons. But the Warriors had an option to buy out the final year of Foyle's contract for $1 million. Assuming the Warriors would've used that option, which was almost a certainty, Foyle was set to make $19.7 million over the next three seasons -- $8.9 million this coming season, $9.8 million next season and $1 million for 2009-10.
With the $13 million payoff, Foyle's salary will account for $5.9 million on this season's salary cap, saving the Warriors $3 million based on Foyle's presettlement salary. During the 2008-09 season, when the Warriors would presumably have to start paying starting center Andris Biedrins and guard Monta Ellis big money, Foyle would count $6.4 million against the cap -- a savings of $3.4 million. He would get the remaining $700,000 or so in the third season.

Since being drafted No. 8 overall in 1997, Foyle made his mark off the court as much as he did on the court. He was nationally known for his political acumen and highly regarded for his work in the community.

Foyle started Democracy Matters, an organization that educates college students on the political process, and is heavily involved with his Kerosene Lamp Foundation, which focuses on teaching kids in the United States and abroad about AIDS, illiteracy and the importance of education.

In March, Foyle was sworn in as a U.S. citizen in a naturalization ceremony in San Francisco. He is a regular in the NBA's Basketball Without Borders program, which sends league representatives around the world to promote basketball and offer aide, and he runs camps in the Bay Area and his homeland, St. Vincent and the Grenadines.

But perhaps Foyle's most significant contribution to the Warriors since Don Nelson took over as head coach before last season is the salary cap relief he is giving them now.

Once the starting center, Foyle -- a plodding hustler and defensive specialist -- was relegated to the end of the bench in Nelson's system, averaged 2.2 points and 2.6 rebounds last season. His Warriors career ended on a sour note as he received just garbage time in his first postseason appearance, though many thought his size and defense would've helped against the bigger and stronger Utah Jazz in the second round of the playoffs.

Foyle was cherished because of his intangibles and the spark off the bench he provided his first seven years. But he was maligned the last three seasons because of his offensive struggles, which were highlighted when he became the starting center after signing a five-year, $41.6 million contract in 2004.

Note: Ellis was scheduled to practice against Team USA this week in Las Vegas but will pull out because of a strained back. A team official said the injury is not serious and that Ellis' decision to not join the select team is a precaution.
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PostPosted: Tue Aug 14, 2007 2:33 am
Thanks for the info, Broe. You're always posting great articles. Keep it up, buddy.


As for the buyout, the team (well, Cohan) saved around $6 million, as Foyle was scheduled to make a little less than $19 million. For that price, I would have kept him. It was only one more year, as he would have been an extremely valuable expirer at nearly $10 million by next season.

Oh well, I guess it was too much money to pay for someone that was only a role player (hey, he is one of the top shot-blockers on the NBA. That's role).

Hope everything goes well for Foyle from now on. I've always liked him. Although not so much as a player as for the kind of guy he seems to be.



Seems like Orlando is interested in him... and it's apparently a mutual interest. Hopefully, he'll keep playing there. It's funny, in a way, as we signed him to that monster contract to avoid losing to the Magic...
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PostPosted: Tue Aug 14, 2007 3:28 am
I agree with you TMC that Foyle would have been more valuable as an expirer but this move saves the team money and allows even more room to sign another valuable player, maybe a backup PG
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PostPosted: Tue Aug 14, 2007 6:32 pm
How ironic would it be if he went to the Celtics and they won a championship?

But anyway, I was wondering, could he have been a total asshole and not accepted the buyout? I wanted to know if there was a choice to be made and he in way kind of sacrificed for the team. If he did choose, that makes him a real class act.

Whenever I see someone get dunked on, or drop a pass, I will remember Foyle. :wink:
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PostPosted: Tue Aug 14, 2007 6:47 pm
Most buyouts are in the 80% range, Foyle's was 66%, class act & still capable of playing some defense & blocking shots, I actually believe he could have helped some on Boozer.. Good luck & God Bless Foyle.
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PostPosted: Wed Aug 15, 2007 1:30 am
PVWarriorFan wrote:But anyway, I was wondering, could he have been a total asshole and not accepted the buyout? I wanted to know if there was a choice to be made and he in way kind of sacrificed for the team. If he did choose, that makes him a real class act.


Yeah, the player has to agree to the buyout. If not, the team has to pay him his full contract. It was a real class act by Foyle.
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PostPosted: Wed Aug 15, 2007 11:10 am
Expected.

Foyle's buy-out was like Nelson's contract restructure and Barnes resign. Its just an expected part of the summer.
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PostPosted: Tue Aug 21, 2007 12:43 am
32 wrote:Expected.

Foyle's buy-out was like Nelson's contract restructure and Barnes resign. Its just an expected part of the summer.


Yeah. But I had expected him to want more of his dues paid.
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PostPosted: Tue Aug 21, 2007 2:25 am
cladden wrote:
32 wrote:Expected.

Foyle's buy-out was like Nelson's contract restructure and Barnes resign. Its just an expected part of the summer.


Yeah. But I had expected him to want more of his dues paid.


Well, now he's able to sign with another team. That bodes well for him (as he'll be able to sign with a team that will give him more playing time) and a longer contract. He left $6 million on the table so, let's suppose he signs a 3 year deal for $3 million per season (an amount he should get, if not slightly more) and he'll have earned $3 million more than he left.

It's a win-win situation for everybody, both the Dubs and Foyle. It would be much harder to find a roster spot for him in two years. He's not exactly getting younger.

Of course, he could have asked for a bit more on his buyout agreement, so what he did is laudable.

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