Denver Nuggets

Nuggets Re-Sign Mike Miller

JULY 21st: The deal is official, the team announced via press release.

JULY 18th: The Nuggets will re-sign Mike Miller to a two-year deal, Marc Stein of ESPN.com reports (Twitter link). Miller will receive more than $5MM over the length of the deal, according to Shams Charania of The Vertical (Twitter link).

Miller played sparingly for the Nuggets last season, seeing 7.9 minutes per game over 47 contests. He shot just 35.5% from behind the arc, down from his career mark of 40.7%.

The Nuggets entered the day with 17 players under contract, as the team’s depth chart at Roster Resource indicates. Juan Hernangomez and Petr Cornelie are included on that list, although both are expected to play overseas next season. Miller will likely make the team and play sparingly again, while serving as a veteran mentor for the franchise’s young talent.

Lawson Hoping To Bounce Back

Ty Lawson feels “overlooked” in free agency and tells Marc J. Spears of The Undefeated the team that signs him is going to get a significant bargain. Lawson says he never really felt comfortable with the Rockets or Pacers last season after being traded away from Denver during the summer. Lawson quickly lost his starting spot in Houston and averaged 5.8 points and 3.4 assists over 53 games. The Pacers picked him up after the Rockets waived him, and he saw just 18.1 minutes per night in 13 games with Indiana. Lawson, whose reputation has suffered after four DUI arrests and a stint in rehab, says he managed to stay clean last season and is ready to prove that he is still an elite player. “It would be big to be back to my old self again,” he said. “Also, it’s not for just me, it’s for my parents. They have had a hard time seeing what I’ve been going through. I know they hear the little comments at NBA games. To make them proud again would mean the world to me.” 

There’s more from the Central Division:

  • Pacers president of basketball operations Larry Bird has done almost a complete roster rebuild in three seasons, writes Gregg Doyel of The Indianapolis Star. Paul George is the only player left from the team that reached the Eastern Conference finals in back-to-back seasons. Bird’s latest move came when he signed ex-Bull Aaron Brooks to serve as a backup to recently acquired point guard Jeff Teague. In addition to the roster turnover, Bird made a coaching chance this summer, firing Frank Vogel and replacing him with Nate McMillan.
  • Doug McDermott thinks Dwyane Wade is just what the Bulls needed to become a contender in the East again, relays Sam Smith of Bulls.com. McDermott, who is coming off a breakthrough second season in the NBA, is part of the select squad that is practicing this week with the U.S. Olympic team. He bristles at the suggestion that Chicago doesn’t have enough outside shooting with Wade expected to start next to Rajon Rondo and Jimmy Butler“People have been questioning bringing in D. Wade and Rondo, saying they don’t fit [coach Fred Hoiberg‘s] style,” McDermott said. “But we have four or five guys coming off the bench who really do fit Fred’s style and we can gel with those other guys, the superstars. You know Fred will make it work; he’s a brilliant offensive mind and we’re figuring it out defensively as we go along.”

Update On NBA Traded Player Exceptions

Traded player exceptions, which we’ve explained extensively in a Hoops Rumors glossary entry, are a tool that over-the-cap teams can use to complete trades. For mid-season deals, when most teams are at or over the salary cap, these exceptions are typically used and created frequently.

This summer, however, with the salary cap increasing by more than $24MM and most teams choosing to use cap room rather than staying over the cap, trade exceptions have become scarcer — and less useful. In order for teams to actually use their available cap room to take on salaries or to sign free agents, those exceptions must be renounced.

Heading into the 2016/17 league year, teams around the NBA held a total of 29 trade exceptions. After the new league year officially got underway and the moratorium ended, the majority of those TPEs were lost. In total, 22 of the 29 previously-existing traded player exceptions were renounced or expired.

Earlier this month, only the Clippers, Cavaliers, and Thunder still held any TPEs, with Cleveland hanging onto five of them, and L.A. and OKC holding one apiece. Over the last week or so, a few new trade exceptions have been created, but with so many teams still under the cap, the full list is much shorter than it has been in past years.

Here’s a breakdown of the newly-created TPEs:

Charlotte Hornets

Amount: $1,666,470
Expires: 7/12/17
How it was created: When the Grizzlies signed Troy Daniels away from the Hornets, they did so in a sign-and-trade deal, allowing Charlotte to create a TPE for half of Daniels’ $3,332,940 salary.

Cleveland Cavaliers

Amount: $1,333,420
Expires: 7/15/17
How it was created: The Cavaliers created this TPE worth Sasha Kaun‘s 2016/17 salary when they sent him to Philadelphia without receiving any NBA salary in return.

(Note: The Cavaliers also created a $4,803,750 trade exception by signing-and-trading Matthew Dellavedova to the Bucks, but immediately used that exception to acquire Mike Dunleavy.)

Los Angeles Clippers

Amount: $1,209,600
Expires: 7/15/17
How it was created: When the Clippers acquired Devyn Marble from the Magic for C.J. Wilcox, the team actually used its old $947,276 TPE (acquired in January’s Josh Smith trade) to absorb Marble’s salary, then created a new exception worth Wilcox’s salary.

The traded player exceptions listed above have been added to our full breakdown of the TPEs available around the league. That list no longer includes the $2,038,206 exception the Thunder created last summer when they sent Perry Jones III to the Celtics — that TPE expired on July 14.

Our full list of TPEs also no longer features the following exceptions, all of which were renounced earlier this month when these teams went under the cap (expiry date listed in parentheses):

  • Atlanta Hawks: $947,276 (2/18/17)
  • Brooklyn Nets: $2,170,465 (7/13/16)
  • Chicago Bulls: $2,854,940 (2/18/17)
  • Chicago Bulls: $947,276 (6/22/17)
  • Denver Nuggets: $135,000 (2/18/17)
  • Detroit Pistons: $6,270,000 (6/29/17)
  • Golden State Warriors: $5,387,825 (7/27/16)
  • Golden State Warriors: $3,197,170 (7/31/16)
  • Memphis Grizzlies: $450,000 (2/18/17)
  • Miami Heat: $1,706,250 (7/27/16)
  • Miami Heat: $1,294,440 (7/27/16)
  • Miami Heat: $2,129,535 (11/10/16)
  • Miami Heat: $2,145,060 (2/16/17)
  • Miami Heat: $845,059 (2/18/17)
  • Miami Heat: $2,854,940 (2/18/17)
  • Milwaukee Bucks: $5,200,000 (7/9/16)
  • Milwaukee Bucks: $4,250,000 (7/9/16)
  • Minnesota Timberwolves: $5,000,000 (7/12/16)
  • New Orleans Pelicans: $102,217 (12/24/16)
  • New York Knicks: $1,572,360 (6/22/17)
  • Phoenix Suns: $578,651 (2/18/17)

Information from Basketball Insiders was used in the creation of this post.

Nuggets Assistant Noel Gillespie Likely To Join Hornets

  • Nuggets assistant coach Noel Gillespie is close to a deal that would make him the head coach of the Hornets‘ new D-League affiliate, tweets The Vertical’s Adrian Wojnarowski. Gillespie has been part of Denver’s staff for the past two seasons.

Assistant Coach Ed Pinkney No Longer With Team

  • Nuggets assistant coach Ed Pinkney is no longer with the team, having resigned from his post, and Wes Unseld has been promoted to lead assistant, Chris Dempsey of The Denver Post relays (on Twitter). A team source disputes that Pinkney resigned, Adam Zagoria of SNY.tv tweets, but that source did confirm that Pinkney was no longer with Denver.

Nuggets Encouraged By Wade Pursuit

  • Even though they didn’t land free agent guard Dwyane Wade, the Nuggets came away from the pursuit feeling good about their future, tweets Christopher Dempsey of The Denver Post. Nuggets officials had a meeting with Wade, and the team was considered a serious suitor until the Bulls came in with an offer. “It was enjoyable to hear what he thought about our situation,” said Denver GM Tim Connelly. “It was pretty encouraging.”

Nuggets Re-Sign Darrell Arthur

JULY 9th, 3:52pm: The signing is official, the team announced via press release.

5:40pm: Arthur’s three-year deal will pay him $23MM, tweets Adrian Wojnarowski of The Vertical. Dempsey suggests (via Twitter) that Arthur accepted a bit less money to stay in Denver, suggesting the power forward had a bigger offer on the table from another team.

JULY 1st, 5:32pm: The Nuggets have agreed to terms on a new contract for Darrell Arthur, reports Chris Dempsey of The Denver Post (Twitter link). According to Dempsey, the two sides are in agreement on a three-year deal.

Arthur, 28, appeared in 70 games for Denver during the 2015/16 campaign, recording 7.5 points and 4.2 rebounds per game while shooting 45.2% from the field. He declined his player option for 2016/17, which was worth a little less than $3MM, but had previously indicated that he wanted to remain with the Nuggets even if he decided to opt out of his contract.

It’s been a quiet free agent period so far from the Nuggets, who haven’t been linked to any notable free agents since the new league year begins. Their agreement with Arthur doesn’t represent a huge splash, but it allows the team to retain a veteran who was a key part of the rotation last season.

The Wizards were among the other clubs expected to have interest in Arthur.

Nuggets Shipped 2019 Second-Rounder To Lakers

  • The Lakers will receive the Nuggets‘ 2018 second round pick and the Bulls’ 2019 second-rounder as part of the trade to acquire Jose Calderon, Pincus tweets. Neither selection comes with any protections attached, Pincus adds.

Nuggets Explored Paul Millsap Trade, Were Ready To Move Faried

In an interesting piece on the Hawks, Zach Lowe of ESPN.com explains that Atlanta’s original offseason plan was to re-sign Al Horford to pair him with Dwight Howard, and to move Paul Millsap in exchange for young players and/or draft assets. That plan ultimately fell apart, but before it did, the Hawks spoke to the Nuggets, Suns, Raptors, and Rockets about a Millsap deal, according to Lowe, who adds that Denver had been ready to move a “players-and-picks package” led by Kenneth Faried.

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