When we look at the 21 unrestricted free agents who played at least 500 minutes this past season (and who had not signed when I created this table this past weekend) we see seven players who were above average in terms of WP48.The seven available free agents earning an above-average WP48 in 06-07, as of August 1, 2007:
Dikembe Mutombo: 0.336
James Posey: 0.195
Ruben Patterson: 0.166
Devin Brown: 0.130
Brevin Knight: 0.129
Derek Anderson: 0.128
Chris Webber: 0.108
The Bobcats are likely unable to afford Mutombo, Posey, Patterson, or Webber. Brevin Knight was signed to the Clippers. This leaves Devin Brown and our own Derek Anderson.
Devin Brown is a 6'5 shooting guard who contributed a lot of quality minutes to the NO Hornets last season. He is a strong rebounder who would serve as a nice complement to Matt Carroll. Best of all, he's affordable.
Derek Anderson was highly successful for Charlotte last season. Queen City Hoops recently reviewed last season's most successful Bobcats lineups. The Bobcats three best lineups all featured Derek Anderson. Clearly, Anderson played a large role in the Bobcats late-season success - why not bring him back and build on it? Anderson is affordable, and it's clear that despite his age (33) he can still play.
The final point I'll make is that the Bobcats should not resign their other free agent, Jeff McInnis. Last season, his WP48 was -0.026. He literally cost the team wins. Although the best option at PG (Brevin Knight) is off the table, there are superior players available (Earl Boykins, for one).
Devin Brown, Derek Anderson, and Adonal Foyle are diamonds in the rough, but Jeff McInnis is worthless coal.