Hoops Rumors Features

Hoops Rumors passes along the latest news and rumors on NBA player movement 365 days a year, but those aren't the only updates you'll see on the site. On our right sidebar, you'll find a number of additional features and featured posts. Here's a rundown of a few of the features we've introduced so far:

The Cavaliers And The Salary Cap

It was confirmed over the weekend that the Cavaliers renounced their free agents rights to Wally Szczerbiak, eliminating his cap hold from their books. Although Szczerbiak hasn't played for the Cavs (or anyone else) since 2008/09, his presence still loomed large when it came to Cleveland's salary cap situation.

A cap hold is a hypothetical figure for free agents that have yet to sign with any club. Cap holds are added to current-player salaries, essentially to prevent teams from using cap room to sign free agents, then using Bird rights to re-sign their own free agents. Since a team doesn't actually have to pay out the amount of its cap holds, the figures are only used for cap purposes, not luxury tax purposes.

Because Szczerbiak's salary was so high in his final season, the amount of his cap hold was a staggering $18MM+. Knowing they weren't going to bring him back, the Cavaliers could have renounced their rights to Szczerbiak at any time. By doing so, however, they risked losing the flexibility that being an over-the-cap team provides. Any cap exceptions the Cavs held, such as the mid-level exception, the bi-annual exception, and traded player exceptions, would have been lost if the team's total salaries fell too far below the cap.

So why did the Cavs renounce Szczerbiak when they did? GM Chris Grant and the team haven't definitively made that clear, but we can take a few guesses.

The move happened on March 16th, immediately after the Cavs traded away Ramon Sessions and before they signed Donald Sloan and Manny Harris to multiyear deals. None of those moves should have impacted the cap situation much — while the Cavs gained some future cost certainty by moving Sessions and his 2012/13 player option, they added $6MM+ in salary to next year's cap by taking on Luke Walton in the trade. And Sloan and Harris are assumed to have signed minimum-salary contracts, so the team shouldn't have needed to clear any cap room to add either player.

It appears the timing of renouncing Szczerbiak just reflects the Cavs getting ready for the summer, since the club seems unlikely to use its newfound cap space this season. With big long-term contracts like Antawn Jamison's and Baron Davis' on their books heading into 2011/12, the Cavs never had a chance to gain much cap room, even by renouncing Szczerbiak. But with Jamison's contract expiring and Davis having been amnestied, the Cavs will head into the summer with only about $28.5MM in guaranteed money on next year's cap. That's not to say Cleveland will have nearly $30MM in cap space — the team will need to sign a pair of first-round picks on rookie contracts, and new cap holds wil chew up some more of the cap. But the Cavs should still have plenty of cap room to pursue and sign free agents, a flexibility they haven't had in years.

Joey Dorsey Drawing Interest From Rockets

After Joey Dorsey's Olympiacos squad advanced to the Final Four in the Euroleague postseason, the former Memphis Tiger took the opportunity to discuss his future. The original story from Superbasket is in Greek, but Sportando provides a translation of some of Dorsey's more interesting comments:

"It would be nice to continue here," Dorsey said. "There are several NBA teams that are already interested in me and watched me live. But I feel my priority is Olympiacos. I am a sentimental guy. I will talk with Olympiacos before anyone else. In Toronto I used to play 13-14 minutes per game — here I feel I am much more important for the team. The Rockets came to see me recently. They believe in me and they show it. We talk a lot and I think in the summer they will make me an offer."

Dorsey, 28, was a second-round pick in the 2008 draft, spending time with the Rockets, Kings, and Raptors over the next three years. He played 43 of his 61 career games with Toronto in 2010/11, before heading overseas for this season.

Atlantic Notes: Celtics, Sixers, Knicks

The Celtics have ridden a five-game winning streak to the top of the Atlantic Division. With the Sixers trailing just one game behind as well as having an easier schedule moving forward, Boston will have to remain sharp in order to head into the playoffs with home court advantage and avoid meeting the Heat or Bulls in the first round. The upcoming week will pit the Celtics against Chicago, San Antonio, and Miami, whereas the Sixers have Miami, Toronto, and Orlando before the two division rivals meet a week from tonight. 

Draft Updates: Melo, Sullinger, Ross, Moser

We'll post today's draft-related updates here: 

Odds & Ends: Rose, Perkins, Smith

One interesting note about NCAA championship as it relates to the upcoming draft: The last time the winner had a player that would subsequently go on to become that year's number one pick was in 1988, when Danny Manning of the Kansas Jayhawks was selected first overall by the Clippers. With a win tomorrow, Kentucky's Anthony Davis (currently projected to go first among several draft boards) could have a chance at ending the 23-year streak. 

Should Kentucky lose, Davis could join Derrick Rose, Greg Oden, Elton Brand, and Chris Webber as number one picks who had been on the runner-up team that season. With less than 24 hours until tip-off, here are a few interesting notes to think about from the basketball news wire: 

Mike James Has Interest In Knicks

Ian Begley of ESPN New York writes that guard Mike James would welcome a chance to play for the Knicks, according to James' agent Brian Lee. New York is currently at the maximum roster limit and would have to waive a player in order to make room for Mike, which is why Lee isn't expecting a call from the team. 

The Amityville product signed a nonguaranteed contract and two 10-day deals with the Bulls this season, and put up a notable 16 points and seven assists in 23 minutes before fouling out in a loss to the Nets on February 18th. 

 

Week In Review: 3/26/12 – 4/1/12

Here are the biggest stories from this past week: 

Michael Jordan Remains Committed To Bobcats

Nearly a day after we heard a report that Bobcats owner Michael Jordan was contemplating selling the team, Jordan issued a statement which denied that notion (via The New York Times): 

"I was disturbed to hear the false report that I intend to sell my majority interest in the Charlotte Bobcats. I am 100 percent committed to building the Bobcats into a contender and have no plans to sell the team."

At seven wins and 43 losses, the Bobcats remain the only team in the NBA that has not reached the 10-win mark this season. They are currently on pace to have their lowest season winning percentage since being introduced to the NBA during the 2004/05 season. 

Odds & Ends: Bulls, Davis, Pistons, Spurs

The Bulls are doing battle with the Thunder today in another possible Finals match-up. Chicago is once again without their best player, Derrick Rose. In an Insider piece on ESPN.com, Basketball-Reference's Neil Paine explains that despite the team experiencing recent success without Rose, they have no chance at winning a title if he doesn't play