WEDNESDAY, 7:45am: The Chinese team expected to sign Greene is the Dongguan Leopards, according to HoopsHype (Twitter link).
TUESDAY, 3:06pm: The Celtics have officially waived Greene, the team announced today in a press release.
10:58am: A little over a month after they acquired him, the Celtics will waive Donte Greene, agent Chris Grier Luchey tells Jorge Sierra of HoopsHype (Twitter link). According to Luchey, Greene has a deal lined up with a club in China, which can be finalized once his release from the C's is official.
The swap that sent Greene to Boston and Fab Melo to Memphis was one of the more unusual trades of the summer, since Melo was also released by the Grizzlies following the deal. The Celtics included more than enough cash to cover Melo's $1.31MM salary in the trade, but the money they sent to the Grizz doesn't count for cap or tax purposes. Greene's salary, meanwhile, is non-guaranteed, so Boston won't be on the hook for any of it once the move is official, and should slip below the tax line in the process.
By waiving Greene, the C's will reduce their roster count to 18 players, including 14 on guaranteed contracts. For Greene, it won't be the first time he signs to play international ball. Before he reached an agreement with the Grizzlies last season, the 25-year-old forward briefly spent time with Atleticos de San German in Puerto Rico.
The Celtics have acquired Donte Greene from the Grizzlies in exchange for Fab Melo and cash considerations, the C's announced today in a press release. Ronald Tillery of the Memphis Commercial Appeal first reported that the two sides were working on a deal involving Greene and Melo.
Melo, the 22nd overall pick in last year's draft, only appeared in six NBA games for the Celtics in 2012/13. The Syracuse product spent most of the season with Boston's D-League affiliate, averaging 9.8 PPG and 6.0 RPG in 33 contests for the Maine Red Claws. While he's considered a young big man with raw potential, he's also viewed as a long-term project, and given his lack of significant progress in his rookie season, it seems the Celtics didn't want to wait on him.
By moving Melo's guaranteed rookie-scale contract in exchange for Greene's non-guaranteed minimum salary deal, the Celtics immediately reduce team salary by about $300K, and could shave another $1MM or so off by releasing Greene. Considering Boston was above the tax line by about $780K before the deal, those savings could be crucial.
The Grizzlies should create a trade exception worth Greene's salary ($1,027,424) in the transaction by absorbing Melo using the rest of their Marreese Speights TPE. For Boston, Greene can't be absorbed using the minimum salary exception since he's on a three-year deal, so the C's create a small TPE worth the difference between Melo's salary and Greene's ($283,816).
Both the Grizzlies and Celtics now have 14 guaranteed contracts on their respective rosters. The Grizz will likely add a 15th when they officially announce the signing of Nick Calathes.
The Grizzlies are "working on" a trade that would send Fab Melo to Memphis and Donte Greene to Boston, according to Ronald Tillery of the Memphis Commercial Appeal (via Twitter). It's not clear how close the two sides are to an agreement, or whether the deal would include additional pieces.
Melo was selected 22nd overall by the Celtics in 2012's draft, but only appeared in six NBA games in his rookie season. The Syracuse product spent most of the season with Boston's D-League affiliate, averaging 9.8 PPG and 6.0 RPG in 33 contests for the Maine Red Claws. Greene, meanwhile, signed a late-season contract with the Grizzlies that included a non-guaranteed 2013/14 salary. He didn't appear in a game for Memphis.
Melo's and Greene's salaries are close enough that a swap wouldn't require additional players. Under normal circustances, I'd expect Memphis to have to include cash and/or future draft considerations to land a young big like Melo. However, the 23-year-old's underwhelming rookie season, along with the Celtics' proximity to the tax line, should give the Grizz leverage.
If Boston were to move Melo's guaranteed deal, then release Greene's non-guaranteed contract, it would reduce team salary by about $1.3MM — for a rebuilding club currently above the tax threshold by about $78K, those savings could be worth parting with last year's first-round pick.
This post was first published on August 15th at 10:19am CST.
Despite the Grizzlies place in the thick of their Western Conference Finals series against the Spurs, their perimeter defensive specialist, Tony Allen, will be an unrestricted free agent this July.
Allen spoke with Ramona Shelburne at ESPN.com yesterday about the blue collar "Grit and Grind" Grizzlies, their blue collar Memphis fans, and–towards the end of the piece–his impending free agency. Said Allen:
"I don't even understand the business side. When July hits, somebody is going to have to sit me down and explain it. All I know is I'm a Grizzly and I believe I'm going to be a Grizzly when it's over with.
"I bleed blue. I think they going to keep me. But if they don't, I understand.
"I don't even think about it now. I just play. I love being in Memphis. I love the city. Hopefully I stay here. It feels like home."
Speaking of Allen's Grizzlies, here are some more notes from around the Western Conference:
- Grizzlies coach, Lionel Hollins, tells ESPN.com's Kevin Arnovitz "Flopping isn't a part of the game and it shouldn't be a part of the game," in response to the controversy surrounding the flagrant 1 called on Manu Ginobili after his foul on Allen knocked him out of the air.
- According to Keith Langlois of Pistons.com (Twitter link), Austin Daye will go on the Grizzlies' inactive list for game 3 tonight in favor of Donte Greene. Marc J. Spears of Y! Sports, confirms (Twitter link).
- ESPNDallas.com's Tim MacMahon brings us the highlights from Mavericks owner Mark Cuban's interview on 103.3 FM's ESPN Dallas Game Day.
- MacMahon also tells us after hearing from Cuban, that the Mavericks owner has a two year plan to turn the Mavericks into title contenders.
- The new owner of the Kings, Viveck Ranadive, is looking at Warriors assistant, Mike Malone, to coach the team. But Matt Steinmetz at CSNY Bay Area says he'd be surprised if the Kings hire a coach before finding a general manger (Twitter link).
WEDNESDAY, 2:02pm: The Grizzlies have officially signed Greene, according to a team release.
TUESDAY, 12:14pm: After agreeing to sign Willie Reed and waiving Dexter Pittman on the weekend, the Grizzlies are expected to make one more roster move before the regular season ends, according to Ronald Tillery of the Memphis Commercial Appeal. Tillery tweets that the team will likely sign free agent forward Donte Greene.
Greene, 25, had been set to sign with the Nets last August before a fractured ankle sidelined him for several months, voiding his agreement with Brooklyn. Upon getting healthy, he reportedly drew NBA interest, but failed to land a contract. Last we heard, Greene was preparing to join a team in Puerto Rico earlier this month.
Like Reed's deal with the Grizzlies, Greene's contract is expected to include a non-guaranteed option for 2013/14, according to Tillery (Twitter link). That makes sense, since I would guess the club is getting a headstart on its Summer League squad and training camp roster for next season, rather than expecting Reed and Greene to play a role in this spring's playoff run.
Having waived Pittman, the Grizzlies won't need to make any further roster moves to clear room. Adding both Reed and Greene would give the team the maximum 15 players.
As we prepare for a busy 12-game evening slate, let's check out a few Friday afternoon odds and ends from around the Association:
- The Wizards have discussed adding a player from the D-League in the wake of Bradley Beal's season-ending injury, but head coach Randy Wittman tells J. Michael of CSNWashington.com that a signing is unlikely (Twitter link).
- If Kevin Martin wants to remain with the Thunder next season, he'll likely have to accept a significant pay cut, says John Rohde of the Oklahoman in a chat. Rohde estimates that Martin would get no more than $7MM annually from the Thunder, who will be aiming to avoid the luxury tax.
- The Pistons have a pair of solid building blocks in Andre Drummond and Greg Monroe, but the moves Joe Dumars makes this summer will have a significant impact on the direction of the club, writes Paul Flannery of SBNation.com.
- Donte Greene, who was set to sign with the Nets last summer before fracturing his ankle, will join Puerto Rico's Brujos de Guayama, according to Emiliano Carchia of Sportando.
- Jessica Camerato of CSNNE.com has an interesting profile on Celtics guard Terrence Williams, who says he understands he still needs to display consistency in the NBA. Williams' deal with the C's includes a non-guaranteed team option for 2013/14.
- The final stretch of the Kings saga may come down to whether Sacramento or Seattle has the better arena plan, according to Tony Bizjak, Dale Kasler, and Ryan Lillis of the Sacramento Bee.
Without Bird or even Early Bird rights, The Nets could be in a tricky situation if they want to re-sign Andray Blatche, whom Luke Adams of Hoops Rumors ranked among the best one-year contract signings this season. Blatche indicated to Stefan Bondy of the New York Daily News that he might make it easy on Brooklyn, since he'll still be drawing paychecks from his amnestied contract with the Wizards. "I’m very aware (of my unique situation)," Blatche said. "That’s what I’m saying. Everybody is probably thinking I’m looking to get that big check. I’m not. Not at all. I’m looking at what’s best for me."
Here's more from around the league on the one-year anniversary of the 2012 trade deadline:
- Wesley Johnson is headed for unrestricted free agency this summer after the Suns turned down his fourth-year option, but he tells Paul Coro of the Arizona Republic that he still views Phoenix as a "longtime place" for him.
- The Timberwolves seem content to carry 15 players for now, rather than applying for a hardship exception and adding a 16th man. Darren Wolfson of 1500 ESPN Twin Cities reports that the team isn't interested in free agents like Donte Greene, Tony Gaffney, and Raja Bell.
- The Cavs want to see how rookie Dion Waiters handles minutes at point guard, so the team hasn't discussed adding another player at the position while Kyrie Irving misses the next three to four weeks with a sprained left shoulder, notes Jodie Valade of the Plain Dealer.
- Damian Lillard believes he's improved since he started playing alongside Eric Maynor, whom the Blazers acquired at the trade deadline, as Mike Tokito of The Oregonian observes.
- Thaddeus Young, who's on a deal that runs through 2016 with annual salaries under $10MM, is the Sixers player who'll draw the most trade inquiries from other teams, opines John Mitchell of the Philadelphia Inquirer.
- The threat of a referendum on public funding for a new arena in Sacramento will have no impact on the city's bid to retain the Kings, sources tell Aaron Bruski of NBCSports.com (Twitter link).
Luke Adams contributed to this post.
Earlier today, we heard that the Sixers are a good bet to stand pat at this year's deadline, and given how their last trade turned out, perhaps that shouldn't be a surprise. One player acquired by the 76ers in the deal, Jason Richardson, underwent successful surgery on his left knee this morning, according to a team release. Meanwhile, the centerpiece, Andrew Bynum, told reporters today that he still intends to play for Philadelphia this season, though it won't happen until at least March.
Here are a few more odds and ends from around the NBA:
- According to Ken Berger of CBSSports.com (via Twitter), while the Raptors would move Andrea Bargnani in the right offer, teams don't sense an urgency on Toronto's part. That falls in line with comments Bryan Colangelo made today.
- I questioned earlier today whether Nets GM Billy King was being honest when he told reporters there's a 10% chance he makes a trade, but Stefan Bondy of the New York Daily News says (via Twitter) that's the same line King has been giving privately to rival teams.
- Despite his agent change, Brandon Jennings really doesn't have a ton of leverage, and the Bucks should still be expected to match any offer sheet he receives this summer, tweets Adrian Wojnarowski of Yahoo! Sports.
- Donte Greene, who was set to sign with the Nets last summer before he fractured his ankle, is back to 100% and is drawing interest, according to Marc J. Spears of Yahoo! Sports (Twitter link). The Nets, Pacers, Hornets, Spurs, Bulls, Knicks, Magic, Rockets, and Cavaliers have inquired on Greene, says Spears.
Donte Greene was close to signing a contract with the Nets back in August when he suffered an ankle fracture during a workout, postponing his 2012/13 debut. Now, according to Alex Kennedy of HoopsWorld, Greene has recovered from the injury, and is drawing interest from a number of teams.
Kennedy reports that Greene will begin working out for clubs on January 11th, with the Nets, Spurs, Timberwolves, Hornets, Bulls, and Rockets among his potential suitors. Greene's summer deal with the Nets was expected to be for the minimum salary, so even teams with no cap space or exception money should be in play for the former King. According to Kennedy, Greene will work out for teams for a week or two and, if all goes as planned, sign somewhere shortly thereafter.
Greene, 24, spent the first four seasons of his NBA career in Sacramento, averaging 6.1 PPG and 2.4 RPG in 16.8 minutes per contest. The former 28th overall pick had his best season in 2009/10, scoring 8.5 PPG on 44.1% shooting and making 50 starts for the Kings.
The Timberwolves have been particularly hard hit by injuries this season. They entered the year knowing Ricky Rubio would still need time to recovery from his knee injury last March, and Kevin Love missed the first nine games of the season with a broken hand. Chase Budinger is slated to miss three months because of knee surgery, and the team waived Josh Howard this week after he tore his ACL. There's yet more news on the team's injury front, as we detail here along with other Wolves rumors.
- Donte Greene is on the shortlist for the the Wolves as they seek someone to replace Josh Howard, tweets Darren Wolfson. Minnesota is unlikely to sign anyone for another week, but the team worked out Lazar Hayward yesterday and has another audition scheduled on Wednesday for James Anderson, Wolfson reports (Twitter link).
- Minnesota will also probably be without guard Malcolm Lee for the balance of the season, though he has yet to decide whether to have surgery to repair the chrondal injury he suffered to his right knee, notes Ray Richardson of the St. Paul Pioneer Press.
- Wolves GM David Kahn outlined the sort of player he'd like to sign, as Alex Conover of Wolves.com chronicles. "We’ve lost Malcolm — in all likelihood for the season — and we’ve lost Josh, who isn’t here right now," Kahn said. "So when you think of that profile, somebody who is 6'5", 6'6", 6'7", long-armed in Josh’s case, defensive-minded in Malcolm’s case, capable of helping us a little bit offensively in both guys’ case … we’re missing two people, not one. So I think that’s the profile of who we’re looking for. We’ll obviously move reasonably quickly, but we want to be thorough."