Atlanta Hawks Rumors

Atlanta Hawks trade, free agent, and draft rumors, updated constantly by the NBA experts at HoopsRumors.com.

More Bidders Emerge For Hawks

February 27 at 11:51am CST By Chuck Myron

FRIDAY, 11:51am: The highest bid for the Hawks franchise itself was for $800MM, a source tells Mike Ozanian of Forbes.com. The approximately $900MM figure reported earlier encompassed $112MM worth of bonds remaining from the construction of Philips Arena as well as the team, Ozanian hears.

THURSDAY, 9:45am: A part-owner of Major League Baseball’s Tampa Bay Rays and a neuropsychologist are among the people connected to at least seven groups that made preliminary bids this week to buy the Hawks, reports Scott Soshnick of Bloomberg.com. Some of the bids put out by Tuesday’s deadline to submit initial offers were for around $900MM, two sources told Soshnick, adding that the team may continue to accept offers in spite of that self-imposed deadline. Randy Frankel, who owns a minority stake in the Rays, is part of a group that includes rapper-turned-entrepreneur Jesse Itzler and brokerage firm founder Steven Starker, Soshnick hears. Dr. Richard Chaifetz, the neuropsychologist who founded a leading employee assistance firm, is partnering with Grant Hill and fellow former NBA player Junior Bridgeman in a bid for team, according to Soshnick.

Former Suns and Raptors GM Bryan Colangelo is also a part of the Chaifetz-Hill-Bridgeman group, with father Jerry Colangelo acting as a senior adviser, as TNT’s David Aldridge reported last month. A wide range of names have been connected to the Hawks since Bruce Levenson, who owns a controlling stake, revealed in September that he had sent a racially charged email and announced that he was selling his share. Later, the rest of the ownership groups involved with the team agreed to sell, too. The owners of Atlanta’s WNBA team, Kelly Loeffler and Mary Brock, were also reportedly interested in bidding for the Hawks, along with their husbands, Jeffrey Sprecher and John Brock, though it’s unclear if they were among those who made preliminary offers this week. Former players Dominique Wilkins, Dikembe Mutombo and Chris Webber, former Grizzlies CEO Jason Levien and attorney Doug Davis are others who’ve reportedly held interest. Investors Chris Hansen and Thomas Tull want to buy the team and move it to Seattle, but it appears highly unlikely they’ll get that chance.

The sale of the franchise, which Forbes valued at $825MM, seems destined to bring resolution to the situation surrounding GM Danny Ferry, who’s been on an indefinite leave of absence since September after it was revealed that he, too, made racially charged statements. The team Ferry built has surged to the top of the Eastern Conference with a record of 45-12 under the stewardship of coach Mike Budenholzer, who’s acting as the GM in Ferry’s stead.

And-Ones: Jennings, Wizards, Jerebko

February 26 at 10:12pm CST By Dana Gauruder

Brandon Jennings might not have been thrilled the Pistons traded for another point guard but after meeting with coach and president of basketball operations Stan Van Gundy, he understands why the move was made, according to David Mayo of MLive.com. Jennings, who suffered a season-ending torn left Achilles tendon January 24th at Milwaukee, could wind up sharing time with recently-acquired Reggie Jackson next season if Jackson signs with the club as a restricted free agent, Mayo continues. Jennings, who has one year and approximately $8.34MM remaining on his contract, will be tough to trade this summer as he tries to return from the injury, Mayo adds.

In other news around the league:

  • The Wizards indeed used part of their Trevor Ariza trade exception to absorb Ramon Sessions‘ salary in last week’s trade, allowing them to create a new $4.625MM trade exception equivalent to Andre Miller‘s salary, reports Eric Pincus of Basketball Insiders (Twitter link). There had been conflicting estimates about how the Wizards handled the exceptions, as I noted earlier this week. The Ariza exception is now worth $2,252,089.
  • The Pacers, Knicks and Lakers are eyeing 28-year-old Lithuanian shooting guard Mantas Kalnietis, with Indiana showing the most interest, agent Tadas Bulotas tells Lithuania’s Sport 1 (YouTube link; transcription via TalkBasket.net). Kalnietis went undrafted in 2008, so no NBA team holds his rights.
  • Jonas Jerebko, who is in the final year of a four-year, $18MM deal he signed with the Pistons in December 2011, believes his time with the Celtics is an opportunity to showcase his true potential, reports Chris Forsberg of ESPNBoston.com. After spending his first five-plus NBA seasons with the Pistons, Jerebko was traded with Luigi Datome to Boston last week in exchange for Tayshaun Prince.
  • Monty Williams is acting like a coach with his job on the line even though he has a year left on his contract, John Reid of the New Orleans Times-Picayune reveals. The Pelicans coach has been forced to deal with injuries to his star player, Anthony Davis, but he is still under heavy pressure to win because of a frustrated fan base, Reid adds.

Will Joseph and Chuck Myron contributed to this post.

Eastern Notes: Knight, Thibodeau, Antic

February 25 at 6:27pm CST By Dana Gauruder

Brandon Knight‘s price tag as a restricted free agent was a good reason for the Bucks to trade him to the Suns, Nate Duncan of Basketball Insiders believes. Knight will likely receive offer sheets in the range of $13MM-$15.9MM annually this summer after he was unable to reach an agreement on a contract extension with the club last fall, Duncan adds. Michael Carter-Williams, who was acquired from Philadelphia to take Knight’s spot, is on a rookie contract through the 2016/17 season and has more upside, Duncan opines.

In other news around the Eastern Conference:

  • The acquisition of Carter-Williams could hurt the Bucks in the short run but improves their flexibility this summer, Charles F. Gardner of the Milwaukee Journal-Sentinel writes. The move gives them a young core of Carter-Williams, Giannis Antetokounmpo and Jabari Parker, and they have approximately $15MM in salary cap space to make another major move, Gardiner adds.
  • Four-year NBA veteran Daniel Orton has turned down offers from overseas after returning from his stint in the Philippines and is holding out for an NBA deal, tweets Marc J. Spears of Yahoo! Sports. Orton was with the Wizards during preseason.
  • Derrick Rose‘s latest knee injury could lead to Bulls coach Tom Thibodeau’s departure, according to Nancy Armour of USA Today. Thibodeau’s relationship with Bulls management was already strained, Armour reveals, and Rose is one of his most fervent supporters. Losing Rose for perhaps the rest of the season could lead to Thibodeau, who has two years left on his contract, and the team cutting ties, Armour opines.
  • The Hawks will try to re-sign  Pero Antic when he becomes an unrestricted free agent after the season, according to Chris Vivlamore of the Atlanta Journal-Constitution. Antic has struggled with his shooting in a reserve role this season, averaging 28.7% on three-point attempts, but that hasn’t changed the Hawks’ thinking, Vivlamore adds.
  • Magic COO Alex Martins says the team will not interview head coaching candidates until after season, Brian Schmitz of the Orlando Sentinel tweets. James Borrego is the interim coach for the remainder of the season after Jacque Vaughn was fired earlier this month.
  • Forest City Enterprises, the Ratner parent company,  confirms it’s looking to sell its shares in Nets and Barclays Center, NetsDaily tweets. Bruce Ratner is a minority owner of the Nets after selling 80% of the club to Mikhail Prokhorov in 2010.

Chuck Myron contributed to this post.

Eastern Notes: Williams, Hawks, Garnett

February 24 at 6:34pm CST By Eddie Scarito

The Pistons claimed Shawne Williams off waivers to offset the loss of Jonas Jerebko, who was traded to Boston last week, David Mayo of MLive.com writes. “We’re a little thin up front and Shawne played very well in Miami this year, got put in that trade to New Orleans, New Orleans waived him before they got everybody hurt, so we got some luck there,Stan Van Gundy said. “So we got a little luck there. But we needed a little depth and he’s a guy that comes in, again, on a value contract, and he’s got a non-guaranteed contract for next year. So it gives us a lot of flexibility.

Here’s more from the Eastern Conference:

  • The Wizards are sending $839K to the Kings as part of the Andre Miller for Ramon Sessions trade that occurred last week, Eric Pincus of Basketball Insiders notes (Twitter link).
  • There’s a decent chance the sale of the Hawks won’t be complete until May or June, a person familiar with the deal told Chris Vivlamore of the Atlanta Journal-Constitution. Today is the deadline for prospective owners to submit preliminary bids, Vivlamore reports.
  • Newly acquired Goran Dragic has become a fan of his new team already, Barry Jackson of The Miami Herald relays (Twitter link). Speaking about the Heat, Dragic said, “They take care of players. I feel I’m spoiled here. So much great stuff.
  • Kevin Garnett said that it was difficult for him to leave the Nets mid-season because of his loyalty to the organization, but he believed that returning to Minnesota was a great opportunity, Mike Mazzeo of ESPN.com writes.
  • The Knicks are counting on oft-injured Andrea Bargnani to help make up for the scoring the team lost with Carmelo Anthony being out for the season, Justin Tasch of The New York Daily News writes. “Well, he has the skillset and the versatility to do those things,” coach Derek Fisher said. “Whether he can average the same amount of points [as Anthony], we’ll see. He’s capable of it. I think if he can stay healthy and just continue to get a comfort out on the floor again, playing basketball, competing hard every night, the physical and mental grind that exists in doing that – which is different when you haven’t done that for a year, which is basically what it’s been for him.

And-Ones: Durant, Heat, Celtics, Hawks

February 22 at 11:32pm CST By Zach Links

The Thunder announced via press release that Kevin Durant underwent a procedure on his right foot to help alleviate the soreness he has been experiencing.  There’s no exact timetable for KD’s return at the moment, but we should have a better idea when he’s reevaluated a week from now. Here’s tonight’s glance around the Association..

  • Because of luxury-tax implications, the Heat may have to bypass spending the entire $2.65MM salary-cap exception received for Josh McRoberts‘ knee injury, Ira Winderman of the Sun Sentinel writes.  The Heat have until March 10th to use that DPE, but they’re only $1.4MM below the 2014/15 luxury tax line of $76.8MM.  The immediate luxury tax payment would be minimal, but it would reset the team’s luxury tax clock.
  • Even with Isaiah Thomas now in the fold, the loss of Jared Sullinger may be enough to sink the Celtics‘ playoff hopes, Jeremy Gottlieb of Boston.com writes.  The C’s announced on Sunday that Sullinger will miss the remainder of the season because of a metatarsal stress fracture in his left foot.  Sullinger was averaging 14.4 points and 28.7 minutes per game this season, both career highs.
  • Who says you need a superstar to win?  The Hawks are shunning convention with their roster and soaring, Eric Koreen of the National Post writes.

Jazz, Kendrick Perkins Agree To Buyout Deal

February 21 at 3:53pm CST By Chuck Myron

3:53pm: Perkins has officially been waived, the Jazz announced.

3:27pm: A buyout arrangement has been reached, Adrian Wojnarowski of Yahoo! Sports reports. Perkins intends to sign with the Cavaliers if he clears waivers, which he is expected to do, Wojnarowski adds.

1:48pm: Perkins has narrowed his choices to the Cavs and the Clippers, and the big man is expected to make his decision on Sunday, Chris Haynes of The Northeast Ohio Media Group reports (Twitter link).

10:51am: The Clippers are not out of the running for Perkins, but are considered long shots to sign him, Arash Markazi of ESPNLosAngeles.com reports (Twitter link).

SATURDAY, 10:28am: The Cavaliers have emerged as the frontrunners to sign Perkins if he is indeed waived by Utah, Wojnarowski reports. The Bulls, Rockets, and Hawks are also in the mix for the big man, Jason Lloyd of The Akron Beacon Journal tweets.

FRIDAY, 9:24am: Perkins is interested in playing for the Mavs, Wojnarowski writes, but the team doesn’t share that interest, as Cuban said (below). Conflict in the past with Joakim Noah wouldn’t keep Perkins from joining the Bulls, a source tells K.C. Johnson of the Chicago Tribune.

11:25pm: Mark Cuban said that Dallas is set in its frontcourt, and that the Mavs would not be interested in Perkins if he is waived, Darnell Mayberry of The Oklahoman tweets.

10:18pm: The Bulls and the Cavs are the frontrunners to sign Perkins when and if he clears waivers, David Aldridge of NBA.com reports (Twitter link).

6:08pm: The Mavericks have also expressed interest in Perkins, should he be waived, Wojnarowski tweets.

THURSDAY, 3:55pm: The Jazz and Kendrick Perkins are headed for a buyout, reports Royce Young of ESPN.com (Twitter link). Utah agreed to take on his expiring contract, worth more than $9.654MM, as part of a three-way deal with the Pistons and Thunder. The Cavs and Clippers are teams to watch should Perkins indeed hit free agency in the coming days, Young says, and Adrian Wojnarowski of Yahoo! Sports calls those teams strong contenders to sign him (on Twitter). The Bulls will be very much in the mix for Perkins, too, Wojnarowski also tweets.

The 30-year-old Perkins is making $9.654MM this season on an expiring contract, and it’s not immediately clear how much he would give up in a buyout. He was much-maligned throughout his tenure in Oklahoma City after having been hailed as key to the Celtics’ 2008 championship and subsequent run to the Finals in 2010. He had a PER of 15.0 in 2009/10, but he never had a double-digit PER for the Thunder after a trade sent him there in the middle of the 2010/11 season.

His name was part of a proposal that would have sent him to the Nets for Brook Lopez, but that trade didn’t pan out. In any case, he’s an odd fit for Utah, a team focused on the future, so a quick parting of ways makes sense. The Jazz will have to waive him no later than March 1st for him to be eligible to play for another team in the postseason.

Execs Losing Faith That Ray Allen Will Sign

February 20 at 4:05pm CST By Eddie Scarito

There is a growing feeling among GMs and league executives who are interested in signing Ray Allen that the veteran guard won’t play this season, Adrian Wojnarowski of Yahoo! Sports reports. Allen has been mulling a comeback all season, but neither he, nor his agent Jim Tanner, have made any definitive statements that the player would return to the hardwood during the 2014/15 campaign, Wojnarowski adds. It was rumored that the 39-year-old sharpshooter was going to make a choice regarding his future shortly after the All-Star break.

Allen has been working out, but not at a pace that would allow him a quick transition into NBA playing shape, sources tell Wojnarowski. There’s still time for Allen to make a decision to return, but as one GM told the Yahoo! Sports scribe, “It’s getting late in the game for this to happen.”

The Grizzlies are one team that’s maintained an interest in Allen, as Ronald Tillery of The Commercial Appeal writes in a subscription-only piece. Other teams that have been reportedly linked to the veteran include the Warriors, Wizards, Cavs, Spurs, Heat and Hawks.

Southeast Notes: Korver, Wizards, Heat

February 18 at 6:05pm CST By Eddie Scarito

Kyle Korver passed up opportunities to sign with a contender before he re-signed with the Hawks in 2013, Brian Mahoney of the Associated Press reports. Korver was unhappy when the Bulls traded him to Atlanta in 2012, but by the following summer, he had changed his opinion of the organization, according to Mahoney. “I just really believed in what Atlanta was building and what they were doing, I could see my role in it,” Korver told Mahoney. “I just wanted to be a part of that.”

Here’s more from the Southeast Division:

  • The Wizards have turned their attention from trying to acquire Jameer Nelson from the Nuggets to focusing on a deal involving the Kings’ Ramon Sessions, David Aldridge of NBA.com reports (Twitter link).
  • Washington may look to sign Bobby Brown, who has recently returned from playing in China, if the team is unable to bolster its backcourt via a trade, Marc Stein of ESPN.com reports (Twitter link).
  • The Wizards have spoken to the Nuggets about Wilson Chandler, but Washington considers Denver’s demands too steep, according to Jorge Castillo of The Washington Post. Grantland’s Zach Lowe indicated that the Nuggets were looking for multiple first-rounders for Chandler when Lowe hinted earlier this week that conversations between Denver and the Wizards had taken place.
  • The Heat “badly” want to end up in the postseason and aren’t looking to swap veterans for prospects, a GM told Barry Jackson of the Miami Herald, but that GM and one other said to Jackson that Miami’s lack of assets is holding the team back in trade talks.

Hawks Willing To Trade John Jenkins

February 18 at 3:18pm CST By Eddie Scarito

The Hawks are open to dealing shooting guard John Jenkins, Lang Greene of Basketball Insiders reports. Atlanta is reportedly seeking a second round draft pick in return for the 23-year-old out of Vanderbilt, Greene adds. Jenkins, who is earning $1,312,920, is set to become an unrestricted free agent at the end of this season.

The third year guard’s impending free agency is the reason why Atlanta has been unable to find a trade partner for Jenkins yet, Greene notes. Franchises are less inclined these days to part with draft picks for a player who will likely be just a short-term rental. The team and Jenkins have not discussed any potential buyout arrangement as of yet, Green relays.

Jenkins has appeared in just nine games this season for Atlanta, averaging 3.7 points and 1.0 rebound in 8.2 minutes per contest. His career numbers are 5.4 PPG, 1.5 RPG, and 0.8 APG. Jenkins’ career shooting numbers are .446/.372/.853.

Ivan Johnson To Play In Philippines

February 17 at 7:21pm CST By Eddie Scarito

Former NBA player Ivan Johnson has signed with Talk N Text in the Philippines, Shams Charania of RealGM reports (Twitter link). Johnson was waived earlier this month by the Texas Legends, the Mavs‘ D-League affiliate, in order for him to pursue this overseas opportunity. The power forward’s contract with Talk N Text includes an NBA out clause, Charania adds.

Johnson went undrafted out of Cal State San Bernardino back in 2008, and he didn’t manage to garner an NBA training camp invitation until the 2011 campaign. He parlayed that opportunity into a roster spot with the Hawks, and the 6’8″ forward played two seasons in Atlanta before heading across the pond to China for a more lucrative opportunity during the 2013/14 campaign. The 30-year-old was signed by the Mavericks to a minimum salary arrangement this past summer, but he was waived prior to the season commencing. Johnson had also reportedly worked out for the Nets, Blazers and Spurs prior to inking a pact with Dallas.

In 125 career NBA appearances, Johnson has averaged 6.5 points, 3.9 rebounds, and 0.6 assists. His career slash line is .517/.158/.662. Last season for the Zheijang Golden Bulls, Johnson notched 26.0 PPG and 9.9 RPG in 32.8 MPG per contest.