The Denver Nuggets have made another smart signing as it was announced today that they have resigned Johan Petro. There has been no word of what the contract terms are, but I would guess that it is a one or two year deal starting at the five year veteran’s minimum salary of $959,111.
The Nuggets have done a very good job of managing their payroll this offseason. No one is going to write a book about Denver’s 2009 offseason although I cannot fault them for anything they have done. Today’s signing of Petro is the perfect example of developing a plan and then executing it.
Early in the summer the Nuggets had to decide whether or not they would extend a qualifying offer (QO) of just under $2.85 million to Petro. All of us knew at the time he was not worth that much, but the Nuggets really needed to have a player like Petro, a legit seven footer who can bang in the paint, on the roster. Denver could have done the safe thing and given Petro the QO. No team was going to top it and it would have guaranteed that Petro would return to Denver although at an overinflated price tag.
Instead of wasting money and as recommended here they made the calculated decision to allow Petro to become a free agent and take the risk that someone would offer him a little more money. I thought it seemed like the right thing to do and the gamble has paid off. Denver will retain Petro’s services at nearly only a third of the cost of his QO.
In addition to the savings they earned with Petro they have also resigned Chris Andersen at a very reasonable first year salary, replaced Dahntay Jones with the cheaper and more talented Arron Afflalo and instead of meeting Linas Kleiza’s salary wishes they are likely to replace him with the cheaper and more sound Wally Szczerbiak.
That is good business and that is how you build a sustainable salary structure. The transactions Denver has made are not front page news, but they are crafty and full of basketball wisdom.
Looking ahead the signing now opens up two questions, will Malik Allen be relegated to the bench and will Coby Karl be in training camp?
Last season the Nuggets had primarily a three man rotation between power forward and center with Nene, Kenyon Martin and Birdman. Linas Kleiza and Renaldo Balkman received the bulk of the remaining minutes at power forward. Before Petro was retained it appeared the Nuggets may have been planning on playing Allen as much as ten minutes a night. Petro is fully capable of filling that role and all three of the Nuggets other front court players can play power forward both offensively and defensively should they be on the floor with Petro. I suspect Petro will make Allen superfluous in the rotation, which I believe is a good thing.
From a roster standpoint Petro’s return may reduce Summer League Fan Favorite Coby Karl’s chances of coming to Denver. The Nuggets are only one player away from hitting the 13 player minimum roster requirement and as mentioned above that spot seems destined to go to Szczerbiak. I assume Karl the Elder will know if Stan Kroenke is willing to foot the bill for a fourteenth player or not. The answer to that question will determine if Coby is in Denver this fall.
Karl the Younger is undoubtedly an NBA player and will go to a team’s camp where he has a great chance to make the team. If Karl the Elder knows the Nuggets will not sign a fourteenth player Karl the Younger will go elsewhere, but if Karl the Younger is brought into Nuggets camp then I think that is a good sign that the Nuggets will carry a fourteenth player, at least to start the season, and Coby will be that fourteenth warm body.
The 2009-10 roster and rotation are taking shape and even though the Nuggets have not done anything dramatic, I think they are executing their offseason plans beautifully.
I love it when a plan comes together.