$49-Million Deal for Campbell Caps Spending Spree
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What price victory?
For the Lakers, it’s at about $171 million over a 36-hour stretch alone. That got them two starting big men and one backup point guard in a spending spree that culminated Friday with free-agent power forward Elden Campbell signing a seven-year deal for $49 million and rookie Derek Fisher getting three years for $2.2 million.
The other rookie, Kobe Bryant, will probably have a deal early next week, officially bringing the roster to nine players. That leaves three spots open, which the Lakers hopeto fill with veterans who will accept the league minimum of $247,500.
The Lakers and Campbell, together since he came to the NBA as a first-round pick in 1990, had expressed mutual interest all along to get the deal done. But timing was the critical factor. They had to get Shaquille O’Neal--or any other free agents--signed first to use all the money available and then sign Campbell because teams are able to exceed the salary cap to re-sign their own free agents and rookies.
Other teams called, and he listened. Mostly, though, he waited patiently.
“This is home for me,” said Campbell, who attended Morningside High in Inglewood before leaving for Clemson. “I love it here. This organization, this city.”
The Lakers loved him right back. The signed him to a contract that sources said will bring a $3.5-million signing bonus and then $6.5 million annually for the next seven seasons.
“Elden had a number of attractive offers from other teams,” said Jerry West, the Lakers’ executive vice president. “But I think he felt Los Angeles was the place he had developed, and his family is here.
“He has become a very, very, very good, versatile player within the NBA. We’re hoping that with the acquisition we made yesterday [O’Neal] and with Elden that when teams look at us they’re going to say, ‘How the hell do we match up with those guys?’ ”
Fisher, from Arkansas Little Rock, was the 24th pick in the draft last month. Like the more-publicized Bryant, Fisher got positive reviews for his play in the summer league.
(BEGIN TEXT OF INFOBOX / INFOGRAPHIC)
NBA Free-Agent Market
SIGNED, SEALED, DELIVERED
Player: P.J. Brown
95-96 Team: New Jersey
Pos.: Forward
Comment: Signed with the Miami Heat for 7 years, $35 million
Player: Elden Campbell
95-96 Team: Lakers
Pos.: Forward
Comment: Re-signed with Lakers for 7 years, $49 million
Player: Chris Childs
95-96 Team: New Jersey
Pos.: Guard
Comment: Signed with New York Knicks for 6 years, $24 million
Player: Antonio Davis
95-96 Team: Indiana
Pos.: Center
Comment: Re-signed with Pacers for 7 years, $38.5 million
Player: Dale Davis
95-96 Team: Indiana
Pos.: Forward
Comment: Re-signed with Pacers for 7 years, $42 million
Player: Ghris Gatling
95-96 Team: Miami
Pos.: Center
Comment: Signed with Mavericks for 5 years, $22 million
Player: Horace Grant
95-96 Team: Orlando
Pos.: Forward
Comment: Re-signed with Magic for five years, $50 million
Player: Tim Hardaway
95-96 Team: Miami
Pos.: Guard
Comment: Re-signed with the Heat, undisclosed
Player: Allan Houston
95-96 Team: Detroit
Pos.: Guard
Comment: Signed by New York Knicks for 7 years, $56 million
Player: Juwan Howard
95-96 Team: Washington
Pos.: Forward
Comment: Signed with Miami Heat for 7 years, $98 million
Player: Michael Jordan
95-96 Team: Chicago
Pos.: Guard
Comment: Re-signed with Bulls for 1 year, $30 million
Player: Don MacLean
95-96 Team: Denver
Pos.: Forward
Comment: Signed with Philadelphia 76ers for 4 years, $12 million
Player: Tracy Murray
95-96 Team: Toronto
Pos.: Forward
Comment: Signed with Washington Bullets, undisclosed
Player: Dikembe Mutombo
95-96 Team: Denver
Pos.: Center
Comment: Signed with Atlanta Hawks for 5 years, $50 million
Player: Shaquille O’Neal
95-96 Team: Orlando
Pos.: Center
Comment: Signed with Lakers for 7 years, $120 million
Player: Gary Payton
95-96 Team: Seattle
Pos.: Guard
Comment: Re-signed with SuperSonics for 7 years, $85 million
Player: Sam Perkins
95-96 Team: Seattle
Pos.: Center
Comment: Re-signed with SuperSonics for 2 years, undisclosed
Player: Brent Price
95-96 Team: Washington
Pos.: Guard
Comment: Signed with Houston Rockets for 7 years, $18.2 million
Player: Sean Rooks
95-96 Team: Atlanta
Pos.: Center
Comment: Signed with the Lakers, undisclosed
Player: Bryant Stith
95-96 Team: Denver
Pos.: Guard
Comment: Re-signed with the Nuggets, undisclosed
ALL BUT WRAPPED UP
Player: Kenny Anderson
95-96 Team: Charlotte
Position: Guard
Comment: Expected to sign with Portland for 7 years, $50 million
Player: Ervin Johnson
95-96 Team: Seattle
Position: Center
Comment: Agreed to terms with Denver for 7 years, undisclosed
Player: Reggie Miller
95-96 Team: Indiana
Position: Guard
Comment: Expected to re-sign with Pacers
Player: Alonzo Mourning
95-96 Team: Miami
Position: Center
Comment: Agreed to terms with the Heat for 7 years, $122 million
Player: Steve Smith
95-96 Team: Atlanta
Position: Gurard
Comment: Expected to re-sign with Hawks
Player: John Stockton
95-96 Team: Utah
Position: Guard
Comment: Expected to re-sign with Jazz
Player: Dennis Rodman
95-96 Team: Chicago
Position: Forward
Comment: Expected to re-sign with Bulls
STILL ON THE RACK
*--*
Player Team Pos. Hersey Hawkins Seattle Guard Derek Harper New York Guard Dan Majerle Cleveland Guard Robert Pack Washington Guard Latrell Sprewell Golden State Guard Mario Elie Houston Forward Armon Gilliam New Jersey Forward Brian Grant Sacramento Forward Otis Thorpe Detroit Forward Jim McIlvane Washington Center Oliver Miller Toronto Center Brian Williams Clippers Center
*--*
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