DeMarcus Cousins' free agent value has reportedly cratered 1 year after his shocking gamble with the Warriors

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DeMarcus Cousins' free agent value has reportedly cratered 1 year after his shocking gamble with the Warriors

demarcus cousins

Marcio Jose Sanchez/AP

DeMarcus Cousins.

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  • DeMarcus Cousins does not have a free agent market, according to ESPN's Adrian Wojnarowski.
  • Wojnarowski reported that Cousins might have been hoping for a one-year deal worth $10-20 million, but that has not materialized. Wojnarowski said he is unsure Cousins will command even $10 million.
  • Cousins took a one-year, $5 million deal with the Warriors last season to rebuild his value after tearing his Achilles, but a limited role and further injuries only seemed to hurt Cousins' market.
  • Visit Business Insider's homepage for more stories.

DeMarcus Cousins is one of the biggest remaining names on the free agent market and is having difficulty securing the type of deal he was looking for, according to ESPN's Adrian Wojnarowski.

Wojnarowski said on "SportsCenter" on Monday that there is "not a market" for Cousins at the moment.

Wojnarowski said he believes Cousins hoped to secure a one-year contract in the range of $10-20 million from one of the big markets that struck out in free agency. So far, that has not happened.

Furthermore, Wojnarowski said he is not sure that Cousins could even sign the mid-level exception (there are three mid-level exceptions, worth $4.7 million, $5.7 million, or $9.2 million annually, depending on a team's payroll and tax status). It's unclear if Wojnarowski was referring to the $9.2 million mid-level exception, which is for non-tax-paying teams.

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Cousins played on the taxpayer mid-level exception last year when he chose to sign with the Warriors. Cousins' market was affected last summer after he tore his Achilles during the 2017-18 season. ESPN's Zach Lowe reported at the time that the best offers Cousins might have gotten, was the mid-level exception, worth about $8.6 million.

Read more: DeMarcus Cousins' stunning move to the Warriors was the perfect storm that allowed the best team to sign one of the best free agents

Cousins instead joined the Warriors for one year, $5 million, hoping to prove himself. It seemed like a low-risk, high-reward move for both sides. Cousins could rehab with a team that didn't need him right away, try to prove his value on a contender, then hit the open market again.

demarcus cousins

Jeff Chiu/AP

DeMarcus Cousins missed most of the 2019 playoffs with an injury.

Cousins had an up-and-down regular season once he returned in January. Just two games into the playoffs, Cousins injured his quadriceps and missed the next 14 games before returning in the Finals. Cousins showed flashes in the Finals, but many people in the NBA world didn't believe he was fully healthy.

While Cousins' move to the Warriors had plenty of upside, the gamble is now clear: Cousins is a free agent again and didn't get to prove his value much over the 2018-19 season.

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Teams now seem understandably skeptical about Cousins' health, as he hasn't played a full season in two years. He's played over 70 games just once in the last five seasons, as he often missed games even before the Achilles injury that cost him much of the previous two seasons.

Cousins is also a tricky fit for many teams. He's versatile on offense but plays better with the ball. Cousins has never been a stout defender, and it's unclear if he's fully recovered physically from the Achilles injury and the quadriceps injury in the postseason. For all of Cousins' talent, he doesn't slot easily into many teams, even on a one-year deal.

Wojnarowski said on "Get Up!" on Tuesday that he believes a full, healthy year could help Cousins re-establish a market. If Cousins signs another one-year deal, he could become a free agent next season and potentially get a bigger, longer contract.

It's unclear which team will go after Cousins. ESPN's Tim Bontemps said on "Get Up!" that Cousins could monitor the Kawhi Leonard situation, hoping to land a deal with one of the Los Angeles teams that miss out on signing Leonard.

Read more: Kawhi Leonard is the last major free agent standing, and he holds the keys to the NBA

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Cousins once seemed destined for a four- or five-year max contract that made him one of the NBA's highest-paid players. In an unfortunate turn of events, it appears Cousins will have to prove himself on a short-term contract again, with no guarantees he'll ever get the big payday that once seemed like a certainty.

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