San Miguel denies 'pirating' Paul Lee

Posted at 08/26/2014 8:12 PM

MANILA, Philippines – San Miguel Corp. (SMC) quickly quashed speculations that it has a hand in Paul Lee’s decision to be traded out of Yeng Guiao’s Rain or Shine.

SMC president Ramon Ang denied that the company -- or its teams in the Philippine Basketball Association (PBA) -- has not been negotiating to acquire the 25-year-old point guard from the Elasto Painters.

“We are not in talks with anybody about Lee,” Ang told Snow Badua in a Spin.ph report.

SMC has three teams in the PBA: San Miguel Beer, San Mig Coffee and Ginebra San Miguel.

Guiao hinted that there was something fishy about Lee’s sudden change of heart with Rain or Shine.

Lee, whose contract with the Elasto Painters expires this month, wants to have himself traded to another PBA team after three fruitful years with Rain or Shine.

"Ang sabi lang niya, he will pay his respects and personally talk to the owners [and] myself pagbalik niya," the Rain or Shine coach said during the 2014 PBA Rookie Draft proceedings last Sunday.

"Sabi ko ang ganda ng samahan natin. Pamilya tayo, Rookie of the Year ka, nag-champion tayo, perennial contenders tayo, nag-national contender ka galing sa Rain or Shine, binigyan ka ng maximum salary. Bakit? Ano pa ang hahanapain ng isang player?" Guiao said.

The maximum salary Guiao was referring to was the team’s standing offer of a P15.12-million, three-year contract extension, to the Rain or Shine star.

This means, Lee will be given P420,000 a month if he stays as an Elasto Painter.