NBA Teams Dish out Over $1.4 Billion on First Day of Free Agency

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Contributing Writer
Cody Crandall

The National Basketball Association (NBA) is making some noise this summer. Recently, the free agency period began in the off-season, and on the first day alone NBA teams spent over a combined $1.4 billion on free agents! That’s just an absurd amount that shows you how well the league is doing as a whole.
The first thing this shows me as a fan is that the NBA is filled with talent. Teams wouldn’t be spending such massive amounts of money if there weren’t extremely talented players on the free agent market. Whether it’s Kevin Love resigning with the Cleveland Cavaliers, Anthony Davis resigning with the New Orleans Pelicans, or Jimmy Butler resigning with the Chicago Bulls, the talent in this year’s free agent pool is deep and immense.
Another thing this money spending shows me is that teams want to win. Why would they be forking out long, and expensive contracts if they weren’t fully committed to winning as an organization? Look at the Phoenix Suns, a team that routinely misses out on the Playoffs in the Western Conference. On day one of free agency, the Suns spent a combined $122 million on just two players, Tyson Chandler and Brandon Knight! Times are changing in the league. Teams now know that if they want to be able to compete at a high level, then they have to fork out the cash.
All around, I think this money spending is great for the NBA and fans. It is good for teams looking to become more competitive, or fortify their status as a contender. It is good for players who acquire financial security with these huge contracts. And it is great for us fans with more competitive teams which ultimately equals more entertaining action on the court.
By the time next season rolls around, there will be many new faces in new places. Personally, I can’t wait for the season to begin to see which of these free agent signings play out, and which ones are criticized. But really, I’m just looking forward to watching some of the best athletes in the world who are now getting paid like it too.
Cody Crandall is an intern at the Jamestown Gazette. To read more of his insights, commentaries, and news about the world of sports and the Jamestown Jammers, visit www.jamestowngazette. com. The Jamestown Gazette is proud to present our county’s most creative and original writers for your enjoyment and enlightenment.