Thursday, July 12, 2007

Cleveland Keeping Stars

The Plain Dealer is reporting the Indians have agreed to a contract extension with Travis Hafner that will keep Pronk in a Tribe uniform through 2012. The extension with net Hafner an additional $57 million. Mark Shapiro will now turn his attention to extending the contract of ace C.C. Sabathia, a free agent after the 2008 season. An All-Star this year, Sabathia should command more money than Hafner, and hopefully Shapiro (and the Dolans') will continue their commitment to keeping the teams nucleus in tact.

In more good news on the shores of Lake Erie, the Memphis Grizzlies have made a contract offer to unrestricted free agent Darko Milicic. The Grizzle, once the front runner in offering a contract to Anderson Varejao, will pay Milicic $7 in his first season. With Memphis out of the picture, it is increasingly likely Varejao will return to the Wine & Gold (and for less than originally thought!), as the only other team will substantial cap space (Milwaukee) is not in the market for a big man. A Varejao signing may finally put an end to my hopes of seeing Mo Williams in a Cavs uniform, unless Ferry can orchestrate a sign-and-trade with the Bucks. Would they take Eric Snow, Ira Newble, and $3 million dollars to help them get Earl Boykins or Steve Blake to run the point for Williams signed for $7-8 million? Maybe not, but the Cavs also have the power to keep a percentage of Newble's contract on their payroll, giving the Bucks even more cap room to make a run at the big name free agents that will be available in '08.