FRIDAY, 5:26pm: The talks between the Kings and Beverley are progressing, and the two sides could be nearing a deal, Kennedy tweets.
1:05pm: New York is ramping up its pursuit of the point guard, and the sides have been talking a lot, Kennedy reports (on Twitter).
12:26pm: The Cavs contacted Patrick Beverley, Kennedy reports (on Twitter), while the Kings, Mavs and Knicks have all called him, too, according to Jonathan Feigen of the Houston Chronicle (Twitter link).
WEDNESDAY, 12:07am: The Knicks have “major interest” and Beverley is interested in them, too, a source tells Sean Deveney of The Sporting News.
TUESDAY, 1:43pm: The Mavericks, Knicks, Bulls, Cavs will challenge the Rockets in their efforts to re-sign Patrick Beverley, reports Alex Kennedy of Basketball Insiders (Twitter link). Kennedy confirms that Houston continues to have interest in the point guard, as Adrian Wojnarowski of Yahoo! Sports wrote this spring that the Rockets were determined to have him come back.
The Rockets have the right to match all offers after having extended a qualifying offer today worth slightly more than $2.725MM, according to fellow Basketball Insiders scribe Eric Pincus (on Twitter). That was largely a procedural move, as the Bill Duffy client appears poised to command much more after having played for just the minimum salary the past few seasons in Houston.
The Bulls and Cavs would appear to be long shots, since they’re both poised to go into tax territory, likely limiting them to the $3.376MM taxpayer’s mid-level exception. The Mavs and Knicks can clear max-level cap room, though Beverley probably isn’t their first priority. The Rockets are in the mix for marquee names, as usual, but GM Daryl Morey thinks the team will most likely remain above the cap and focus on re-signing its own free agents. Even if it doesn’t, it would be relatively easy to retain Beverley’s Bird rights, since his cap hold is equivalent to his qualifying offer.
Beverly is the same player as Shump except he’s a better than Shump from outside. I know LBJ wants Shump but maybe the Cavs are kicking the tires in case someone offer Shump a crazy contract and they refuse to match it.
10 mill to shumpert, 5 mill to mozgov, 10 mill to varejao, 22 mill to love, 18 to Kyrie, 24 mill to Lebron, 16+ to Thompson…. can someone please explain to me how this is possible? NBA should start looking into this craziness.
What’s crazy about it? They are spending over the cap to bring back returning players and are going to get hit with a ridiculous lux tax bill. There’s nothing nefarious about this.
Beverly should get something like 4 years/$42 million after Shumpert got his deal. Always loved his game. Still salty the heat cut him in training camp in favor of Eddie house in that first year with LeBron. We would have won that year if they didn’t cut him, b/c jj barea would have never been able to destroy us like that. It was the whole reason we drafted Norris Cole
Beverly will be a Knick! Great defender and a hard worker!
Please sign with the Knicks…..the Kings are a black-hole just ask Wesley Matthews…..