Five days into free agency, more deal agreements and rumored transactions are being reported around the league. While everyone expected the market to halt until this summer's biggest domino (Dwight Howard) fell, several teams have acted proactively to secure lower-level free agents before the impending frenzy among the losers of the Howard sweepstakes.
On Wednesday, I broke down five possible deals that took shape over the first three days of free agency. Below is a roundup of five deals consummated in the past two days. Remember, nothing is signed on paper until at least July 10, so any agreed-upon deal is tentative in nature at best.
Transaction: O.J. Mayo to Milwaukee Bucks
Terms: 4 years, unknown salary
WHY IT WORKS: The Bucks are on the verge of losing their entire backcourt, with the departure of J.J. Redick and both Brandon Jennings and Monta Ellis searching elsewhere for lucrative deals. Milwaukee has been run like a Ponzi scheme these past few years, trading assets for players who end up leaving shortly thereafter, and adding an established scorer like Mayo would bring some stability to a franchise in flux. Mayo had a career year from an efficiency standpoint and could give a boost to the Bucks' anemic offense, which has struggled the past few seasons.
WHY IT DOESN'T: Milwaukee has made a habit of giving too much money to the wrong free agents, and this move falls into this pattern. We can safely assume that if Mayo is agreeing to sign in Milwaukee, he's not giving the friendly discount. Based on free-agent signings of other guards like Redick ($27 million over four years) and Kevin Martin ($30 million over four years), Mayo will be demanding somewhere in the $30 million range, a huge commitment to a player who will not be able to change the franchise's fortunes single-handedly.
VERDICT: Tough to judge without a dollar amount, but this is the kind of low-efficiency deal that Milwaukee has pursued in recent years, with limited success.