Shumpert/Faried Talks No Longer Active
5:16pm: Adrian Wojnarowski of Yahoo! Sports reports (via Twitter) that there are no active talks involving a Faried/Shumpert swap. The Knicks reportedly proposed the idea to the Nuggets, but Denver rejected the offer. However, judging by Stein and Begley’s earlier report that several teams have expressed interest in Shumpert, it’s still possible that the young Knicks guard ends up playing for a new team.
2:02pm: ESPN.com’s Marc Stein and Ian Begley have followed up on Isola’s report, writing that while the Knicks and Nuggets continue to talk, several teams have inquired on Shumpert and New York remains undecided on whether or not to move him.
According to Stein and Begley, the Nuggets are believed to be seeking draft compensation in any Faried/Shumpert swap, which may be too high a price for the Knicks to pay.
12:42pm: On the heels of news that Tyson Chandler would be sidelined for several weeks, Knicks coach Mike Woodson said last week that the team would stand pat for now rather than adding a big man. However, it sounds as if New York is open to the possibility of making a major move to bolster its frontcourt. According to Frank Isola of the New York Daily News, the Knicks and Nuggets are discussing a potential trade involving Iman Shumpert and Kenneth Faried, and talks have “intensified” in recent days.
While there haven’t been any definitive signals that the Nuggets’ new decision-making group is down on Faried, there have been some curious hints over the last several weeks. Grantland’s Zach Lowe reported last month that Denver was gauging teams’ interest in Faried, and predicted a deal would happen. Additionally, after starting all 80 games he played a year ago, Faried has started just four of the Nuggets’ first six contests, and his minutes are down to 23.7 per game (from 28.1).
As for Shumpert, he has never quite fit in New York as well as expected, though there still seemed to be hope coming into the season that he’d develop into a long-term core piece. For now, it seems more likely that he represents the club’s most valuable trade asset. According to Isola, Shumpert has fallen out of favor with Woodson and owner James Dolan.
The match would make some sense for both sides, considering the Nuggets lost defensive wings Andre Iguodala and Corey Brewer in the offseason and are still without the injured Danilo Gallinari. The Knicks’ frontcourt, meanwhile, is aging and hasn’t been very productive in the early going, particularly since losing Chandler. Still, it’s fair to wonder if both sides may be souring on a young player too soon. Both Shumpert and Faried are just 23 years old and are on rookie contracts through 2015.
Of course, it doesn’t look like anything is imminent at this point, as Isola notes. So even if the Knicks and Nuggets are exploring their options, we shouldn’t assume they’ve made any decisions yet. Both teams won 50+ games in 2012/13 and are off to slow starts this season, but it’s probably still a little early to take any drastic measures.
Western Links: Faried, Blair, Bledsoe, Nuggets
As we look forward to the first meeting of the season tonight between the Thunder and Clippers, two title contenders, let’s round up a few items from around the Western Conference:
- Chris Dempsey of the Denver Post suggests (via Twitter) not to put too much stock in the rumblings about Kenneth Faried and the Knicks. According to Dempsey, Faried “is and will remain a Nugget.”
- DeJuan Blair didn’t get the playing time he wanted with the Spurs, but is off to a very nice start with the Mavericks, telling Brad Townsend of the Dallas Morning News: “Another man’s trash is another man’s treasure.”
- While the Suns have to be pleased with Eric Bledsoe‘s impressive play so far this season, he may be driving up his price tag and taking Phoenix out of the running for a top pick in 2014, writes Tom Ziller of SBNation.com.
- In his latest piece for The Score, Mark Deeks of ShamSports.com explains why the Nuggets lost the draft-night trade that sent Kosta Koufos to the Grizzlies for Darrell Arthur.
Proration And Partially Guaranteed Contracts
The Pelicans officially released Lance Thomas and Arinze Onuaku yesterday in order to create room on their roster to add veteran forwards Louis Amundson and Josh Childress. The decision to cut both Thomas and Onuaku was fairly simple, since they were the only two players on New Orleans’ roster without fully guaranteed contracts. Thomas’ minimum salary deal included a partial guarantee worth $15K, while Onuaku’s minimum salary contract was fully non-guaranteed.
Had the Pelicans signed just one of Childress or Amundson, rather than both players, you might assume that Thomas’ partial guarantee would have played a role in the team’s decision on which player to waive — since New Orleans already owed Thomas that money, the team might be more inclined to keep him around rather than Onuaku. In actuality, however, that $15K guarantee become irrelevant extremely early on this season.
NBA players on non-guaranteed deals aren’t assured of their full-season salaries unless they remain under contract beyond January 7th, but any time spent on a roster during the regular season assures a player of at least a pro-rated portion of his salary. NBA seasons are typically composed of 170 days, meaning a player on a non-guaranteed contract earns 1/170th of his salary for each day spent on a roster.
In Thomas’ case, he would have earned a full-season salary of $884,293 had he not been cut by the Pelicans. However, since he only spent 15 days on the roster, he’ll instead earn between 8-9% of that amount, which works out to about $78K. Despite his relatively short stint on the roster, Thomas still earned significantly more than his $15K guarantee. In fact, taking into account what a small percentage of his total salary $15K represents, Thomas would have only had to remain on New Orleans’ roster for three days to exceed that amount, with or without a guarantee.
Of course, Thomas’ $15K represented the smallest partial guarantee in the NBA, so not all of them will be as inconsequential as his was. For instance, Hedo Turkoglu is earning a partial guarantee of $6MM on a $12MM salary this season. The halfway point of the season doesn’t come until after January’s guarantee date, so proration won’t affect Turkoglu. Regardless of whether the Magic waive him today or on January 7th, Turkoglu would earn that $6MM partial guarantee. If, for some reason, Orlando kept him on the roster beyond the guarantee date, he’d earn $12MM this season.
Partial guarantees can inform a team’s preseason decisions — if one player has a contract that’s guaranteed for $300K while another player is on a fully non-guaranteed deal, the club may be more likely to retain the first player, who will get paid either way. However, once the season gets underway, those partial guarantees become less of a factor, especially ones worth less than $100K. Ryan Gomes ($75K), Hollis Thompson ($35K), and Kent Bazemore ($25K) are among the players whose partial guarantees have already been eclipsed by the players’ actual pro-rated earnings.
For a more complete round-up of this season’s non-guaranteed and partially guaranteed contract, check out our full list.
Jazz Sign Diante Garrett
The Jazz have officially signed Diante Garrett, the team announced today in a press release. ESPN.com’s Marc Stein was the first to identify Garrett as Utah’s primary target, while Jody Genessy of the Deseret News reported that an agreement had been reached.
Garrett, 25, made his NBA debut for the Suns last season, appearing in 19 games for the club, and averaging 17.3 PPG and 7.3 APG in eight contests with Phoenix’s D-League affiliate, the Bakersfield Jam. His rights had been obtained by the Iowa Energy for the upcoming D-League season, before he landed an NBA deal with the Jazz.
For the Jazz, the addition of Garrett comes on the heels of the team’s release of Jamaal Tinsley. Tinsley, who was ineffective in his eight games with Utah this season, was on a non-guaranteed deal and I’d imagine Garrett will get a similar minimum-salary, non-guaranteed contract. He should get a chance to earn some minutes at the point, with Trey Burke still sidelined due to a broken finger.
Eastern Notes: Knicks, Bulls, Davis, Wolters
Parity has been the story of the first two weeks of the NBA season in the Eastern Conference. Outside of the 8-0 Pacers and the 5-3 Heat, every single team in the East has between two and four wins, and none are separated from the rest by more than two games. If the Knicks make good on James Dolan’s promise of a win tonight in Atlanta, there are scenarios in which Indiana and Miami will be the only Eastern teams above .500 tomorrow. While we look forward to a busy slate of games tonight, let’s check in on a few items out of the East….
- According to Frank Isola of the New York Daily News, the Knicks considered signing Louis Amundson before the veteran big man joined the Pelicans, but ultimately decided to pass.
- The Bulls don’t have a shortage of trade chips, but the safe money says they won’t cash in and make a major trade this season, says Nick Friedell of ESPNChicago.com.
- In today’s NBA AM piece for HoopsWorld, Steve Kyler explores Glen Davis‘ trade value, and how it was (or wasn’t) affected by a recent off-court incident.
- The No. 38 pick used to select Nate Wolters was involved in a pair of draft-night deals, and while Wolters never thought he was headed to Washington, he briefly thought he’d be a Sixer rather than a Buck, as he tells Shams Charania of RealGM.com.
- The Nets have re-assigned Tornike Shengelia to the Springfield Armor, the club announced today in a press release. It’s already Shengelia’s third D-League assignment of the season.
Poll: Who Will Be 2014’s First Overall Pick?
The NBA’s Monday night schedule featured four games, but for many basketball fans, the focus wasn’t on the Heat, Lakers, or Warriors, but rather the Wildcats, Jayhawks, and Blue Devils. The NCAA’s Champions Classic in Chicago featured four top college teams, each of whom could eventually see multiple players selected in the first round of the 2014 draft. And top prospects like Andrew Wiggins, Jabari Parker, and Julius Randle didn’t disappoint — Parker and Randle each poured in 27 points, while Wiggins held his own with 22 points and eight rebounds.
For fans of subpar NBA teams, it was a tantalizing preview of what figures to be a season-long race for the top spots in next year’s draft. Wiggins has long been considered the favorite to come off the board first, but as ESPN.com’s Jeff Goodman tweeted last night, while the Kansas forward may be the leader, he’s far from a lock. Jonathan Givony of DraftExpress.com (Twitter link) expressed that sentiment in even stronger terms, calling the race for the No. 1 spot “wide open,” with multiple great options in the mix.
In addition to the three top prospects who played in last night’s games, point guards Dante Exum and Marcus Smart shouldn’t be ruled out of the discussion for 2014’s first overall pick. Heading into Tuesday’s games, ESPN.com’s Chad Ford ranked Exum above Parker on his big board, and tweeted last night that he wished Exum could be in Chicago to show his stuff as well. Smart, meanwhile, will at least have a small advantage in experience over his fellow top-five prospects, after deciding to return to Oklahoma State for his sophomore year. Ford’s No. 5 prospect doesn’t have the most upside among 2014 prospects, but if he makes strides on his ballhandling and jump shot this season, he’ll make for a very tantalizing option next June.
The race for the No. 1 pick figures to be one of the season’s most entertaining stories, particularly for NBA teams without serious playoff aspirations. As Sam Amick of USA Today observed last night (via Twitter), more than one NBA club had five reps in Chicago last night, attempting to get as many sets of eyes as possible on the next generation of stars.
What do you think? Is Wiggins still the likely No. 1 pick next June, or has the early-season play of either Parker or Randle changed your mind?
Who will be 2014's first overall pick?
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Andrew Wiggins (Kansas) 53% (549)
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Jabari Parker (Duke) 29% (300)
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Julius Randle (Kentucky) 14% (143)
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Dante Exum (Australia) 2% (16)
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Someone else 2% (16)
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Marcus Smart (Oklahoma State) 1% (15)
Total votes: 1,039
Kupchak: Lakers Standing Pat, Waiting On Nash
A report surfaced yesterday suggesting that rival executives expected the Lakers to start inquiring on point guard help, but Mitch Kupchak believes the team will be able to get by without Steve Nash in the short term. The Lakers GM told Mark Medina of Inside SoCal.com that he doesn’t anticipate making any moves to shore up the club’s backcourt.
“Not right now,” Kupchak said. “We have three capable point guards. I’d like to have three again. But with Steve being out these two weeks, I think we’re fine at that position.”
The Lakers’ stance indicates that the team believes Nash won’t be sidelined for a significant amount of time. The initial timetable for the 39-year-old has him missing two weeks, with a re-evaluation coming later this month. There’s been some speculation that Nash’s recurring back issues may force him to consider early retirement, which could save the Lakers some money if doctors rule the veteran unable to play. However, neither Nash nor the Lakers are thinking about that possibility, according to coach Mike D’Antoni.
“There’s always going to be a debate, but we’re not going to debate it, talk about it,” D’Antoni said (via Mike Bresnahan and Eric Pincus of the Los Angeles Times). “He’s going to try to get ready, he’s going to try to play and we’re going to try to win. It’s really simple for us. It’s not real difficult.”
If Nash were to be ruled out for a longer period of time, I’d expect the Lakers to reconsider their options. But for now, like the Knicks with Tyson Chandler, the Lakers seem content to stand pat. For both big-market teams, adding a replacement via free agency would come at an increased price due to tax penalties, while acquiring a player via trade may cost assets they don’t have.
Odds & Ends: Wizards, Pelicans, Nash
Wizards owner Ted Leonsis has said he expects his club to be a “playoff-caliber team” this year, but today he backtracked from the notion that the Wizards face an ultimatum of making the postseason, observes Joseph White of The Associated Press.
“Playoffs or bust, what does that mean?” Leonsis said in an interview that also touched on his ownership of the NHL’s Capitals. “Shut the team down if we don’t make the playoffs for the Wizards? We would certainly, if we don’t make the playoffs, for both teams we would do our due diligence in a more hypersensitive manner, right? Because we didn’t meet our expectations. But the team’s not going bust. The fan base isn’t going bust. It would just heighten the scrutiny that we have to do.”
The Wizards, with GM Ernie Grunfeld and coach Randy Wittman on expiring contracts, fell to 2-5 with tonight’s loss to the Mavericks. Here’s more from around the NBA:
- Pelicans coach Monty Williams said the team had been considering signing Josh Childress and Louis Amundson for weeks, but he called their additions today “nothing to write home about” and said “we’re just taking a look” at the veterans, notes Dave McMenamin of ESPNLosAngeles.com (Twitter link).
- Lakers coach Mike D’Antoni rolled his eyes at the suggestion that Steve Nash should retire, according to Mark Medina of the Los Angeles Daily News, and Marc Stein of ESPN.com points to Nash’s determination to overcome his injury and continue playing.
- The Knicks plan to send Chris Smith to their D-League affiliate once the season starts next week, as Marc Berman of the New York Post writes within a piece highlighting the Knicks’ woes.
- Kevin Martin‘s shooting has been a boon for the Wolves, and the free agent pickup feels he’s benefited just as much from his pairing with Kevin Love, as Bruce Brothers of the St. Paul Pioneer Press observes. “After playing with Kevin (Durant) and Russell (Westbrook), guys that can score 30 in their sleep, I wouldn’t go to another team without a superstar,” Martin said. “That’s what I have in Kevin Love.”
- RealGM’s Andrew Perna examines the learning curve for Bucks first-round pick Giannis Antetokounmpo, still just 18 years old and adjusting to life outside of his native Greece.
Wolves Make Williams, Shved Available?
10:46pm: Wolves president of basketball ops Flip Saunders called Wojnarowski’s report “untrue” and told Jerry Zgoda of the Star Tribune that he’d prefer to wait until the team is at least 20 games into the season to make a major move. Saunders added that the team hasn’t pursued any free agents and that he’ll talk personnel matters with coach Rick Adelman this week before evaluating the roster again next week.
9:46am: The Timberwolves are off to a solid 5-3 start this season, but it sounds as if the team won’t necessarily be content to play out the season with its current roster. League executives tell Adrian Wojnarowski of Yahoo! Sports that both Derrick Williams and Alexey Shved are available in trades that would help the T-Wolves add veteran contributors.
Wojnarowski’s note on the Wolves duo comes within a larger piece on the Knicks, which we covered earlier today. According to the Yahoo! scribe, with Kevin Love eligible for free agency two years from now, the Wolves are “determined to make deals” that would help the club make a deep playoff run this season or next. That could mean trading a talented but inconsistent young player like Williams or Shved for a veteran more capable of helping Minnesota win in the short term.
Williams, the No. 2 overall pick in 2011, has been considered a potential trade candidate for some time, since he has never quite fit in Minnesota. Within his latest piece for Grantland, Zach Lowe notes that other teams have been keeping an eye on Williams “for a while,” sensing an opportunity to buy low on the third-year forward. However, the 22-year-old hasn’t improved his stock much with his subpar play in the Wolves’ first eight contests (5.8 PPG, 8.5 PER).
Shved, 24, had a solid rookie season in Minnesota last year, averaging 8.6 PPG and 3.7 APG. Like Williams though, he has struggled out of the gates this season. If a rival team were to make a run at either player, that suitor would be investing in upside rather than recent performance, meaning the Wolves may not be able to extract as much value as they’d like.
Offseason In Review: Atlanta Hawks
Hoops Rumors is in the process of looking back at each team’s offseason, from the end of the playoffs in June right up until opening night. Trades, free agent signings, draft picks, contract extensions, option decisions, camp invitees, and more will be covered, as we examine the moves each franchise made over the last several months.
Signings
- Jeff Teague: Four years, $32MM. Signed via Bird rights. Matched Bucks’ offer sheet.
- Kyle Korver: Four years, $24MM. Signed via Bird rights.
- Paul Millsap: Two years, $19MM. Signed via cap space.
- DeMarre Carroll: Two years, $5MM. Signed via cap space.
- Elton Brand: One year, $4MM. Signed via cap space.
- Pero Antic: Two years, $2.45MM. Signed via cap space. Second year is non-guaranteed.
- Cartier Martin: One year, $1.03MM. Signed via cap space. Non-guaranteed.
Trades
- Acquired Jared Cunningham, the No. 16 pick in 2013, and the No. 44 pick in 2013 from the Mavericks in exchange for the No. 18 pick in 2013.
- Acquired the Nets’ 2015 second-round pick from the Jazz in exchange for the No. 47 pick in 2013.
- Acquired a 2017 second-round pick (31-40 protected) from the Heat in exchange for the No. 50 pick in 2013.
Waiver Claims
- Gustavo Ayon: Claimed from Bucks. One year, $1.5MM remaining.
Draft Picks
- Lucas Nogueira (Round 1, 16th overall). Playing overseas.
- Dennis Schröder (Round 1, 17th overall). Signed via rookie exception.
- Mike Muscala (Round 2, 44th overall). Playing overseas.
Camp Invitees
- Eric Dawson
- Royal Ivey
- James Johnson
- David Lighty
- Adonis Thomas
- Damien Wilkins
Departing Players
- Devin Harris
- Ivan Johnson
- Dahntay Jones
- Zaza Pachulia
- Johan Petro
- Josh Smith
- DeShawn Stevenson
- Anthony Tolliver
Rookie Contract Option Decisions
- Jared Cunningham (3rd year, $1.26MM): Declined
- John Jenkins (3rd year, $1.31MM): Exercised
Atlanta native Dwight Howard was a free agent this summer, and the Hawks had plenty of cap flexibility to accommodate his inflated maximum salary. It made sense for GM Danny Ferry to make a run at the star center, even though Howard never seemed keen on returning to his hometown. There was even chatter that Howard and Chris Paul could team up in Atlanta, which could clear enough space to fit max contracts for both. Neither marquee free agent wound up with the Hawks, who also let go of Josh Smith. Instead of Howard, Paul and Smith, who signed the three most lucrative deals among all unrestricted free agents this summer, Ferry spent the team’s ample available cash on a mostly underwhelming, if perhaps underrated, haul of players.
Ferry’s best move of the summer involved his greatest expenditure, as he inked Paul Millsap for two seasons at $9.5MM per. When I examined Millsap’s free agent stock in the spring, I figured the 28-year-old power forward could command a deal similar to the $13.5MM a season former Jazz teammate Al Jefferson signed for with the Bobcats, or at least the $12MM David West is seeing from the Pacers this year. Millsap figured to be a Plan B for teams that missed out on Howard, so it was a shock to see him sign for a yearly salary south of $10MM. Still, there wasn’t much reported interest in the overachieving former second-round pick in the days leading up to his signing with the Hawks, as only the Jazz and Celtics appeared to be in the mix. Millsap gives the Hawks a craftier, less athletic replacement for Smith at power forward.
It seemed for a time that Atlanta might be switching out its starting point guard as well. Jeff Teague signed an offer sheet to join ex-Hawks coach Larry Drew in Milwaukee, taking advantage of the Bucks’ standoff with fellow restricted free agent point guard Brandon Jennings. Multiple reports indicated that Teague was quite ready to leave Atlanta behind. That may have been posturing from the ASM Sports Client, similar to the sort of negative messages that came out from Eric Gordon‘s camp about New Orleans when he signed his offer sheet with the Suns in 2012. The Hawks didn’t fulfill Teague’s stated desire to play for a new team, and they matched Milwaukee’s offer sheet, ready to once more turn the reigns of their offense to the former 19th overall pick.
Another Hawks free agent also wound up back in Atlanta after appearing ready to head elsewhere. A rival GM told Marc Stein of ESPN.com on the first night of free agency that a deal between Kyle Korver and the Nets was “in the bag,” but Korver ultimately turned down the idea of a three-year, $10MM contract with Brooklyn for significantly more money with the Hawks. The three-point marksman had been a sought-after commodity, with the Spurs and Bucks also in the mix and interest from the Nuggets that dated all the way back to early March. Still, he represents something of a risk for Ferry, since Korver is 32 years old and signed a four-year contract. His shooting touch probably won’t disappear anytime soon, but his ability to stay in front of opponents on defense figures to erode as time goes by, turning him into an expensive role player by the end of the deal.
The rest of Ferry’s free agent pursuits were more low-key, and included the additions of DeMarre Carroll, another ex-Jazz forward, and former Maverick Elton Brand, who joined a team that fell short of grandiose free agent goals for the second straight summer. Ferry also took a swing on Macedonian center Pero Antic, a move that was one of several that will test just how much the GM learned from his time with the Spurs, the league’s foremost experts at international scouting.
The Hawks used back-to-back first round picks on players from overseas. Point guard Dennis Schröder has jumped immediately into the Atlanta’s rotation as the backup to Teague, while center Lucas Nogueira will spend this season, and perhaps longer, refining his game in Spain. Both are the sort of hit-or-miss gambles that populate the middle of the first round, and time will tell if Ferry can hit the jackpot with one or both of them, just as Ferry did while he was with the Spurs in 2011, the year San Antonio nabbed 15th overall pick Kawhi Leonard.
Ferry took on another foreign-born player this summer when he claimed Gustavo Ayon off waivers from the Bucks, another Milwaukee-Atlanta offseason connection. Still, the influx of players from outside the U.S. to the Hawks roster represents a greater philosophical tie to the Spurs, who have a record 10 international players this season. Ferry hired longtime San Antonio assistant Mike Budenholzer to replace Drew as coach, and it’s clear that the GM is copying as much of the Spurs’ model as possible without the benefit of the fortuitous bounce of lottery balls that put Tim Duncan in black-and-silver.
The Hawks roster is “built to trade,” as Grantland’s Zach Lowe has written, so the team Ferry put together this summer might look different after the February trade deadline passes. That makes sense, given that the Hawks are no closer to contention than they were last season. Ferry aggressively engineered a chance for the cap space to go after this past summer’s marquee names, and his backup plan involved sacrificing much of the team’s flexibility for the next two seasons on less-than-stellar options. Atlanta would have to dump salary to be able to go after 2014’s class of max-level free agents, though the team could have enough money to chase a top-tier restricted free agent. In any case, the Hawks are unlikely to land the superstar needed for a traditional run at a title, requiring Ferry to make the most of whatever creativity he picked up in San Antonio to bring even a fraction of the success of the Spurs to Atlanta.
Luke Adams contributed to this post.
