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The Wizards picked up Randy Foye and Mike Miller in exchange for the No. 5 pick in 2009 -- which eventually became the rights to Ricky Rubio. Miller continued his slide into irrelevance, and Foye didn't fare much better, putting up just mediocre numbers in reduced minutes for a rather dilapidated, quite bad Washington team.The Wizards were apparently unimpressed as well, as the team has declined to extend a qualifying offer to Foye, making him an unrestricted free agent, according to Michael Lee of the Washington Post. By extending a $4.8 million qualifying offer, the Wizards would have retained the right to match any offer sheet Foye signed with another team this summer. But the Wizards would have also run the risk of Foye signing the qualifying offer, which would have become a one-year deal worth $4.8 million.
Charlie Villanueva faced the same situation last summer: Milwaukee declined to extend the QO, and Villanueva became a UFA, immediately signing with the Pistons for roughly $35 million over five years. Had Villanueva been a restricted free agent, he might have had trouble drawing a quick, lucrative contract like that. David Lee provides a good example; he spent the whole summer waiting for offer sheets that never came.
Foye can't expect to sign for more than a couple million dollars a season; a two-year, $6 million is about the right range, in my opinion. He's really in no man's land in today's NBA as a scoring point guard who doesn't score or pass that well compared to his contemporaries. But the bright side of having a projected salary below $6 million is that every team comes into play, as all 30 franchises will either have cap space or the mid-level exception at their disposal. Players like Foye can be signed used portions of the mid-level.
Foye was the No. 7 pick in the 2006 NBA Draft. In one of Kevin McHale's true lowlights as general manager of the Timberwolves, Blazers GM Kevin Pritchard caught wind of a deal between McHale and the Houston Rockets. McHale took Brandon Roy with the No. 6 pick, and was reportedly going to trade him to the Rockets for Foye, the player McHale really wanted, and who Houston would pick at No. 8. Pritchard, sitting at No. 7 and in want of Roy, took Foye and forced the Wolves to make the deal with him. It worked. Roy won the Rookie of the Year award and has two All-NBA teams to his resumé. Foye just got Villanueva'd.
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