The difference between Darren Collison‘s first year salary and the $5.305MM mid-level exception is precisely equivalent to the rookie minimum salary, as Eric Pincus of Basketball Insiders points out (on Twitter). That allows the Kings to use that remaining portion of their mid-level to sign a rookie for three or four years rather than just the two that the minimum-salary exception would allow. Here’s a round up of the latest contract details to come to light this evening..
- Nick Young will make $4,994,420 this season and $21.3MM over the course of his four-year contract with Lakers, according to Pincus (on Twitter). Swaggy P’s new deal with the Lakers became official earlier today.
- Kirk Hinrich‘s new deal with the Bulls includes a 15% trade kicker, Pincus tweets. In 73 games (61 starts) last season for the Bulls, Hinrich averaged 9.1 PPG and 3.9 APG in 29 minutes per contest. Hinrich has put up a 10.8 PER over the last two seasons, a far cry from the 17.0 PER he put up in his best season for the Bulls (2006-07).
- The third and final year of Kris Humphries‘ contract with the Wizards is non-guaranteed, tweets Pincus. It was previously unclear whether that third year was non-guaranteed or simply a team option.
- Marc Stein of ESPN.com (on Twitter) has the goods on Ryan Kelly‘s two-year deal with the Lakers. Kelly will earn $1.65MM in 2014/15 and ~$1.72MM in 2015/16.
- Trevor Booker‘s deal with the Jazz has just $250K guaranteed in year two, Pincus tweets. It was previously reported that the second season on Booker’s deal was not fully guaranteed.
Chuck Myron contributed to this post.
JULY 21ST: The deal is official, the team announced via press release.
JULY 16TH, 11:18am: The second year of Booker’s contract won’t be fully guaranteed, tweets Jody Genessy of the Deseret News.
TUESDAY, 12:28pm: The Jazz will sign power forward Trevor Booker, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). Booker had been eligible for restricted free agency, but the Wizards elected not to tender a qualifying offer, making him unrestricted, so there’s no chance for Washington to match Utah’s deal and snatch him back. Booker’s contract will be worth $10MM over two years, Wojnarowski adds in a second tweet.
The Heat, Wolves, Nets, Knicks and Magic joined the Jazz and Wizards in pursuit of Booker this month. He’s coming off a season in which he started a career-high 45 games as Nene battled injuries, and that volume of starts triggered a higher value for his qualifying offer, as I explained, perhaps dissuading the Wizards from making him a restricted free agent.
The move will likely exhaust Utah’s cap space once it becomes final, leaving the team’s $2.732MM room exception as its only tool other than the minimum salary to sign free agents. Booker’s presence figures to apply pressure on fellow big manEnes Kanter as he enters the final season of his rookie deal, observes Tony Jones of The Salt Lake Tribune (on Twitter).
Eric Bledsoe is the top remaining player still unsigned, though as a restricted free agent the Suns have the right to match any offer sheet that Bledsoe agrees to. Dan Bickley of the Arizona Republic looks at why Bledsoe hasn’t received any offers, and examines the player’s options going forward. Bickley also opines that Bledsoe is risking alienating the fans in Phoenix by turning down the Suns’ four-year, $48MM deal.
Here’s more from around the league:
- George Karl told Jerry Zgoda of The Star Tribune that the Wolves can’t afford to pass on trading Kevin Love for Andrew Wiggins and Anthony Bennett, if the Cavs are truly offering that package (via Rick Bonnell of The Charlotte Observer’s tweet). Karl coached through a tumultuous season with the Nuggets when Carmelo Anthony eventually received his desired trade to the Knicks.
- Every year when the dust settles and the free agent signings begin to wind down there are winners and losers. Sam Amick and Jeff Zillgitt of USA Today weigh in on this year’s successes and disappointments.
- The Thunder‘s Josh Huestis might become the NBA’s first domestic “draft-and-stash” player, writes Darnell Mayberry of the Oklahoman. If Huestis does skip signing with the Thunder and heads directly to the NBA D-League, it could signal a major shift in the future of the D-League and how it’s utilized, notes Mayberry.
- Sixers GM Sam Hinkie‘s rebuilding plan might not be popular in Philadelphia as the losses keep piling up. Jason Wolf of USA Today profiles the GM, as well as takes a look at the moves he’s made so far in his efforts to retool the franchise.
- The Jazz are interested in signing free agent Toure’ Murry, tweets Aaron Falk of The Salt Lake Tribune. Falk notes that Murry might be waiting for an offer from the Heat. The Knicks had also expressed interest in bringing Murry back, but currently have a logjam in the backcourt.
Cray Allred contributed to this post.
The Kings don’t believe any of their power forwards is a solution at the position, and they’ve tried to move one this summer in a quest for an upgrade that’s sparked revitalized talks with the Pistons involving Josh Smith, as Jason Jones of The Sacramento Bee details. Here’s more from the Western Conference:
- The Lakers have renounced the rights to Wesley Johnson, Xavier Henry, and Kent Bazemore, Eric Pincus of The Los Angeles Times reveals (all on Twitter). The maneuvers will accommodate the re-signings of Nick Young, Henry, and Johnson, all of whom have agreed to new deals. Pincus expects Young to be renounced before re-signing as well.
- The Times scribe suspects that the Lakers are using part or all of the room exception to sign Ryan Kelly, considering the cap room that will be eaten up by Young’s contract, and a “reasonable” market of suitors for the power forward (all via Twitter).
- Steve Ballmer agreed to extend his deal to purchase the Clippers until August 15th, but Linda Deutsch of The Associated Press reports that Ballmer’s lawyer told a judge in the Donald and Shelly Sterling legal proceedings that the agreement will be off if there is no ruling prior to that date. Ballmer’s potential withdrawal would further cloud the team’s status, as commissioner Adam Silver recently cautioned that Sterling could still own the Clippers at the beginning of next season.
- The Thunder have announced that their D-League affiliate will move from Bixby, Oklahoma to Oklahoma City next season, as first reported by Darnell Mayberry of The Oklahoman. The change will make shuffling players between the Thunder and 66ers more convenient.
- The Jazz still have free agency moves to make in filling out their roster, reports Tony Jones of The Salt Lake Tribune (all Twitter links). Francisco Garcia is a possibility for Utah, who seek a shooting wing along with a third point guard brought in to sit behind the team’s developing backcourt.
Chuck Myron contributed to this post.
JULY 17TH: The deal is official, the team announced via press release.
JULY 10TH: 10:10am: The deal is fully guaranteed, according to Shams Charania of RealGM (Twitter link).
8:40am: The Raptors and James Johnson have reached agreement on a two-year deal, reports Doug Smith of the Toronto Star. The value of the contract will be $5MM, according to Smith, though Ryan Wolstat of the Toronto Sun believes it might be for slightly more (Twitter link). The Raptors are using part of their mid-level exception on the Mark Bartelstein client, Wolstat adds in the same tweet.
Johnson revived his NBA career after signing with the Grizzlies in December, proving a useful reserve as he averaged 7.4 points in 18.4 minutes per game. The five-year NBA veteran previously spent parts of two seasons with the Raptors, though that was during the regime of former GM Bryan Colangelo. The 27-year-old spurns the Rockets, who were reportedly set to meet with him earlier this month, as well as the Jazz, who also had interest, as Adrian Wojnarowski of Yahoo! Sports reports. The Grizzlies had apparently been split on whether to bring him back.
The move largely brings a close to Toronto’s major free agent expenditures, as Smith writes, after previous agreements with Kyle Lowry, Patrick Patterson and Greivis Vasquez. The Raptors wouldn’t mind trying to find a trade partner willing to take on Chuck Hayes or Landry Fields if they could net younger versions of those players in return, but the club probably won’t make any trades until the leaguewide free agency rush passes, Smith writes. The move also likely squeezes out Dwight Buycks, who’s on a non-guaranteed contract, and probably ends any chance that the Raptors would sign Andray Blatche or Ed Davis, according to Smith.
Jordan Hamilton will be working out for NBA teams in Las Vegas tomorrow, reports Adrian Wojnarowski of Yahoo! Sports, and the Timberwolves will be among the teams in attendance, passes along Darren Wolfson of 1500 ESPN Twin Cities (Twitter links). Any interest Minnesota has in the forward will likely have a hard time amounting to anything as a result of the club’s lack of roster space, adds Wolfson. Here’s more on the Wolves and the Northwest:
- One Eastern Conference coach doesn’t understand the reluctance that the Cavs and Warriors have been showing to give up important pieces to the Timberwolves in exchange for Love, as Chris Mannix of Sports Illustrated reveals (via Twitter). “If I’m Golden State, I trade Klay Thompson,” said the unnamed coach. “If I’m Cleveland, I trade Andrew Wiggins. Kevin is that good.”
- Timberwolves owner Glen Taylor spoke with NBA TV’s Steve Smith and said he believes Love will play with the team in training camp but stopped short of ruling out a possible trade, notes Andy Greder of the Pioneer Press. “My preference is Kevin (Love) will come to camp – and I’m sure he will – and play with the team,” explained Taylor. “We are going to look at everything that makes sense that would make our team better, but we are not going to move a superb player like that without getting equal or more value back.“
- Jeff Zillgitt of USA Today recaps the summer that the Jazz have had thus far and explores the impact that rookie head coach Quin Snyder figures to have on the franchise’s progression moving forward.
- Anthony Morrow‘s decision to join the Thunder has the sharpshooting swingman excited, observes Darnell Mayberry of the Oklahoman. In choosing to head to OKC, Morrow elected to pass up on interest from several other teams, “too many teams to name,” as Morrow told Mayberry.
Some Pacers players attempted to persuade the team to sweeten its offers to Lance Stephenson, but the front office resisted, according to Sean Deveney of the Sporting News. Stephenson agreed early this morning to bolt for the Hornets, and as his new three-year, $27.5MM deal quickly came together, the Pacers never received the opportunity to match Charlotte’s offer, as Candace Buckner of the Indianapolis Star writes. There’s more on his deal amid the latest from the Eastern Conference:
- The Mavs made a three-year $20MM offer to Stephenson, reports Adam Zagoria of SNY.tv (Twitter link). The new Hornets two-guard would have joined the Mavs instead if the Rockets hadn’t passed on matching the Mavs’ offer sheet to Chandler Parsons, according to Chris Broussard of ESPN.com.
- The Pacers made two different five-year offers to Stephenson, but he rejected them both, favoring a shorter arrangement, agent Alberto Ebanks tells Buckner (Twitter link). Indiana wasn’t willing to go shorter than five years, Broussard writes in his piece.
- The Nuggets had a three-year, $12MM offer on the table for Mike Miller, but he passed it up for two years and $5.5MM with the Cavs thanks to persistent entreaties from LeBron James, as Jeff Goodman of ESPN.com details.
- Knicks president Phil Jackson thinks the team has too many guards, and he may end up waiving Wayne Ellington, whom New York acquired in the Tyson Chandler trade, writes Marc Berman of the New York Post.
- The Jazz almost doubled the average annual value of the deal that the Wizards were willing to give Trevor Booker, according to J. Michael of CSNWashington.com.
- The Hawks held on to Pero Antic through Tuesday, meaning his non-guaranteed salary for 2014/15 has become fully guaranteed for $1.25MM. The same is true for Kyle O’Quinn, whose minimum salary with the Magic went from non-guaranteed to fully guaranteed when Orlando kept him Tuesday.
The Rockets promised Chris Bosh that they would match the Mavs’ offer sheet for Chandler Parsons if he jumped from Miami to Houston, but when Bosh agreed to re-sign with the Heat, the Rockets changed course, as Marc Stein of ESPN.com details (All Twitter links). Houston declined to match the deal for Parsons during the three-day window that expired Sunday night, and now the Rockets are poised to turn their attention back to longtime target Rajon Rondo and find a way back into the Kevin Love sweepstakes, Stein says. Here’s more from around the league after a busy weekend:
- Rudy Gay, who chose in June to opt into the final season of his contract with the Kings, said Sunday that he’s open to signing an extension but will wait to see how the team develops, as he told reporters, including Jason Jones of The Sacramento Bee. “If I was going to opt out, I was definitely going to look at my options on different teams,” Gay said. “But with me opting in, I’m not saying no extension is going to happen. I’m just trying to see where we’re going as a team and how we plan on getting better.”
- The final season of Shaun Livingston‘s three-year contract with the Warriors is worth $5,782,450 but only guaranteed for $3MM, tweets Eric Pincus of Basketball Insiders. That guarantee could increase if Livingston triggers incentives, Pincus adds.
- Mutual options don’t exist in the NBA, but it appears that the last year of C.J. Miles‘ new four-year deal with the Pacers will function much like a mutual option, as Pincus details (Twitter link). Pincus indicates that his salary for that season is non-guaranteed but becomes guaranteed if he’s not waived after a certain date. Presuming he’s retained, Miles has a player option for that season, according to Pincus.
- Mark Deeks of ShamSports lists the contract guarantee date for Peyton Siva as having been July 12, so it appeared that his minimum salary contract would be fully guaranteed for the coming season when he remained on the Pistons roster through Saturday. However, Vincent Ellis of the Detroit Free Press (on Twitter) and Keith Langlois of Pistons.com both list the date as the 20th, so it appears that Siva’s contract remains non-guaranteed unless he’s not waived on or before this coming Sunday.
- The Jazz didn’t attempt to re-sign Richard Jefferson before he moved on to the Mavs, writes Tony Jones of The Salt Lake Tribune.
The Suns recent contract agreement with Isaiah Thomas has puzzled some since the team already has point guards Eric Bledsoe, Goran Dragic, and recent draftee Tyler Ennis on the roster. But Phoenix believes they have only strengthened their “dual-playmaker” offense with the acquisition, writes Paul Coro of the Arizona Republic. GM Ryan McDonough said, “We feel like the strength of our team is the backcourt. We feel like this move has made us even stronger in the backcourt. We were very good when Dragic and Bledsoe were on the court, and we think Isaiah is that caliber of player where if you can have one or two of those guys on the court at all times, you really don’t have any dropoff scoring-wise. You always have multiple weapons. You have guys who can run pick-and-rolls from either side of the floor and can push the floor in transition.”
Here’s more from the western half:
- Jermaine O’Neal is expected to make a decision on his retirement soon, reports Diamond Leung of The Bay Area News Group (Twitter link). O’Neal appeared in 44 games for the Warriors last season, averaging 7.9 PPG and 5.5 RPG while playing 20.1 minutes per contest.
- Warriors coach Steve Kerr has spoken with Klay Thompson and David Lee about the trade rumors surrounding both players, writes Leung. According to the article Kerr said, “They both get it. I told them, I know you get it. It doesn’t make it any easier. But this is why you really get paid. I mean, you get paid all this money, is it really for coming into a gym for two hours a day and shooting jump shots? We’ve been doing that for free our whole life, you know? You get paid because you can get traded, and you have to uproot your family. You can get hurt, you can get booed, and people on the message board are crushing you. That’s where you actually earn your money in this league, where it actually feels like work.“
- Jazz GM Dennis Lindsey was noncommittal when asked what Gordon Hayward‘s new contract would mean for Alec Burks and Enes Kanter and any discussions on signing those players to contract extensions, notes Tony Jones of The Salt Lake Tribune (Twitter link).
- With the Lakers seemingly striking out on all the big name free agents this summer, the team will have to turn to “Plan B,” writes Bill Oram of the Orange County Register.
The first domino that was LeBron James‘ free agency decision certainly set off the chain we anticipated, with a flurry of activity taking place over the last two days. Here’s a rundown of the league’s action this evening:
- James hopes that his player option for the second year of his Cavs contract can be worked out quietly in the offseason, sources tell Terry Pluto of The Plain Dealer. Of course, a stress-free contract renewal for James would be the first of his career.
- Paul Pierce‘s first choice wasn’t to sign with the Wizards, tweets David Aldridge of NBA.com. Pierce was more interested in joining the Clippers or returning to the Nets, but became more intrigued by the Washington roster as time went by this offseason.
- Jazz GM Dennis Lindsey told reporters including Jody Genessy of Deseret News that Gordon Hayward and Derrick Favors will both have a voice regarding Utah’s decision making (Twitter link).
- Tom Moore of Calkins Media wonders if the Sixers might end up leveraging their abundant cap space to take back one of the Knicks burdensome contracts in exchange for draft compensation.
- Jason Kidd tells Charles F. Gardner of The Milwaukee Journal Sentinel that he has been working closely with Bucks GM John Hammond and assistant GM David Morway despite reports he was looking for front office power in the process that brought him from Brooklyn to Milwaukee. “We’re a family,” said Kidd. “Being able to talk to them every day about things, they have ideas, I share some of the things I think about. We’re still learning each other, how we want to play. A lot of things get misinterpreted with me, I guess. I’ll leave it at that.”