Hawes Signs With Clippers
JULY 9th, 11:26pm: The team announced that Hawes has officially signed the contract. No mention of a sign-and-trade was mentioned in the release.
7:27pm: Doc Rivers is trying to arrange a sign-and-trade with the Cavaliers for Hawes, which would preserve the Clippers midlevel exception which the team would then use to target Paul Pierce, tweets Wojnarowski.
JULY 4th, 6:26pm: Free agent Spencer Hawes has reached agreement with the Los Angeles Clippers, league 
sources have told Adrian Wojnarowski of Yahoo! Sports (Twitter link). The deal is for four-years, $23MM, according to Wojnarowski’s tweet. Hawes was one of the more desirable big men on the market after a season that saw him average 13.2 PPG, 8.3 RPG, and 1.2 BPG while splitting time between the Cavaliers and the Sixers.
According to Wojnarowski’s article, Hawes was determined to sign with a contender, and he had visited seriously with the Suns and Trail Blazers before settling on the Clippers offer.
The Clippers had recruited Hawes hard for the full midlevel exception and worked with his agent, Greg Lawrence of Wasserman Media Group, on a deal that includes a player option for the fourth year and a 15 percent trade kicker, sources told Wojnarowski.
Photo courtesy of USA Today Sports Images.
Eastern Rumors: Ariza, Celtics, Sixers
The Wizards have spoken with Luol Deng, but remain committed to re-signing Trevor Ariza, league sources tell Adrian Wojnarowski of Yahoo! Sports (Twitter link). Here’s more from the East:
- Washington is prepared to offer Ariza a raise from last year’s $7.7MM salary, but not upwards of $9MM, which is what the small forward is reportedly seeking, writes Michael Lee of The Washington Post. Both Ariza and the Wizards have anticipated waiting until LeBron James and Carmelo Anthony make their decisions before any progress for Ariza can be made.
- J. Michael of CSNWashington.com tweets that Ariza is assured of receiving more more money from another team, but that the Wizards hope he will want to remain in Washington for less.
- The Bulls are now being linked as suitors for Ariza by Chris Broussard of ESPN.com (on Twitter).
- The Rockets are weighing whether to match Chandler Parsons‘ offer sheet with the Mavs, or pursue Ariza at a lower price, tweets Broussard.
- The Celtics like the newly acquired Tyler Zeller, but don’t have long term plans for Marcus Thornton, whom they acquired in the same three-team trade, tweets Gary Washburn of The Boston Globe. Washburn says it’s likely Boston will deal away Thornton’s contract or let it expire.
- Before the Celtics agreed to take part in today’s swap, the Cavs reached out to the Magic and just about every other team in the league as they sought a third team to take Thornton in a three-team deal with the Nets, according to Grantland’s Zach Lowe.
- Sixers GM Sam Hinkie acknowledged that his team is in position to help other clubs with its ample cap flexibility, pointing to that as a way to faciliate trades, as he told Bob Cooney of the Philadelphia Daily News as part of a Q&A.
Chuck Myron contributed to this post.
‘Melo Wants To Play With LeBron On Knicks
1:59pm: Heat assistant GM and salary cap expert Andy Elisburg will also be at Miami’s meeting with LeBron, according to Wojnarowski (Twitter link).
12:31pm: James and agent Rich Paul will meet with only Riley today, according to Broussard, who corrects his earlier report that Spoelstra, Arison and Wade would take part (Twitter link).
11:51am: Several teams believe Anthony is delaying his decision until he knows what James is going to do, as Ian Begley and Ramona Shelburne of ESPN.com write. There’s been a strong belief of late that Anthony is likely to choose between the Lakers and Knicks, the ESPN scribes say. The Lakers are waiting on both Anthony and James, but they’re beginning to get impatient, worried that they’ll miss out on Pau Gasol and Trevor Ariza, among others, as they hesitate, according to Begley and Shelburne. The Lakers, like the Suns and Cavs, have explored the notion of clearing cap room both Anthony and James, but they haven’t gotten far, according to the ESPN report.
10:38am: There’s still a belief among GMs that James will end up re-signing with the Heat on a one- or two-year max contract, tweets Adrian Wojnarowski of Yahoo! Sports. That conflicts with Mannix’s report that James is seeking a three-year commitment.
8:47am: Carmelo Anthony dreams of playing with LeBron James on the Knicks, a friend of Anthony’s tells Marc Berman of the New York Post. Berman reported earlier this week that the Knicks were worried that Anthony was hesitating to make a decision while the possibility still exists that he could join James on the Heat or the Lakers, but it appears that ‘Melo’s ideal setting for that scenario would instead be New York. Still, Anthony’s friend says the Knicks star hasn’t made up his mind about returning to New York.
Most NBA executives are confident that Anthony will return to the Knicks, given the inherent financial advantage of re-signing with the team, according to Frank Isola of the New York Daily News. Still, money won’t be the only factor in the decision, a person close to Anthony tells Isola. Anthony worked out with Thunder star Kevin Durant in Los Angeles recently, and Durant gave Anthony a strong endorsement of new Knicks coach Derek Fisher, tweets Adrian Wojnarowski of Yahoo! Sports.
Knicks president Phil Jackson is attempting to clear cap room to facilitate Anthony’s long shot hopes of teaming with James in New York, as Berman hears from Anthony’s friend. The Knicks have reportedly shopped Amar’e Stoudemire, and perhaps Andrea Bargnani as well, to open up space. Yet there’s a growing belief that Jackson would be open to a sign-and-trade with another team should Anthony decide to play elsewhere, Isola writes.
The friend of Anthony’s who spoke to Berman insists that James is fond of Jackson and would like the chance to play with ‘Melo. Another source tells Berman that the buzz surrounding the possibility that James would sign with the Cavaliers is coming from the Cavs themselves in an effort to enhance their reputation. The Mavs expect another meeting with LeBron’s representatives again this week in Las Vegas, although it isn’t clear whether or not LeBron will attend, a source tells Eddie Sefko of the Dallas Morning News.
James is meeting today with Heat president Pat Riley, and Chris Broussard of ESPN.com hears coach Erik Spoelstra, owner Micky Arison and Dwyane Wade will also be in attendance (Twitter link). Miami’s contingent enters the sitdown with “nervous anticipation” and no real sense of how James will react to the club’s offseason moves, tweets Chris Mannix of SI.com. James is looking for a three-year commitment in his next deal, Mannix adds (Twitter link), contradicting earlier reports that indicated he would look for an opt-out after one season.
Ryan Raroque contributed to this post.
Cavs Eye Chandler Parsons As LeBron Fallback
The Cavs harbor strong interest in Chandler Parsons, and he would be the team’s first target should LeBron James decide to sign elsewhere, tweets Marc Stein of ESPN.com. The Cavs are going after Ray Allen, Mike Miller and James Jones in an effort to woo LeBron, but Parsons appears to be an option for them independent of the four-time MVP, since Cleveland has more than $20MM in cap flexibility after today’s agreement to unload Jarrett Jack.
Parsons, a restricted free agent, is in high demand, as the Mavs are apparently readying an aggressive courtship of the small forward once they know for sure they won’t land LeBron or Carmelo Anthony. The Suns, Celtics, Lakers, Bulls and Wolves have also been linked to him since the start of free agency, but the Rockets can match any team’s offer.
The Cavs have also reportedly eyed Trevor Ariza for their cap space in the event they don’t land LeBron. Channing Frye was also a target, but he already agreed to a deal with the Magic.
Nets, Cavs, Celtics Close To Jarrett Jack Trade
9:38am: The Cavs will probably end up with a future second-round pick when the deal gets done, according to Stein (Twitter link).
WEDNESDAY, 9:35am: An agreement is close on a three-way deal involving Cleveland, Brooklyn and Boston that would send Jack to the Nets, Stein tweets. Karasev would go to Brooklyn as well. The Celtics would receive Thornton, Tyler Zeller and a first-round pick, Stein adds (on Twitter). It’s unclear what the Cavs would get, but it appears as though they would receive the cap flexibility to acquire LeBron. Boston would be using its nearly $10.3MM trade exception to acquire Thornton, according to Jeff Goodman of ESPN.com, who adds that the first-rounder the Celtics are getting is for 2016 (Twitter link).
10:23am: The Hawks are among the teams the Cavs have recruited as a potential landing spot for Thornton, according to Ken Berger of CBSSports.com (Twitter links). The Hawks have nonetheless shown little interest in Thornton, Berger adds (on Twitter).
8:51am: The Cavs, who had reportedly been shopping Jack and draft picks, are now doing the same with Thornton and picks on the assumption they’d be able to get Thornton from the Nets, as Adrian Wojnarowski of Yahoo! Sports details. Cleveland is also making Sergey Karasev available in trades, Wojnarowski adds.
JULY 7TH, 7:59am: The Cavs and Nets have a deal in place contingent upon finding a third team to absorb Thornton, as Adrian Wojnarowski of Yahoo! Sports said Sunday on Fox Sports Radio, and as Sam Amico of Fox Sports Ohio confirms. The Suns, Mavs and Timberwolves are among the teams potentially interested in Thornton, Amico hears. Cleveland has been shopping Jack and dangling a draft pick to go along with him, as Wojnarowski reported this weekend, and one way or another, the Cavs intend to trade Jack before the coming season begins, a source tells Amico. Unloading Jack has become key to Cleveland’s efforts to clear max cap room for LeBron James, as we passed along earlier.
JULY 2ND, 9:56pm: As predicted by ESPN.com’s Marc Stein, the Nets and Cavs are revisiting talks of a Thornton-Jack swap, tweets Ohm Youngmisuk of ESPNNewYork.com.
1:43pm: The Kings are interested in Jack, too, but they’re holding off until they know what happens with restricted free agent Isaiah Thomas, according to Sam Amico of Fox Sports Ohio.
JULY 1ST, 8:14pm: The loss of Shaun Livingston is likely to resurrect the Thornton-for-Jack trade talks, tweets Marc Stein of ESPN.com.
JUNE 23RD, 8:01am: Sam Amico of Fox Sports Ohio is also hearing denials of Thornton-Jack talks, though Jack’s name has come up as the Cavs discuss potential trades with other teams, Amico says.
SATURDAY, 3:47pm: League sources deny that the Nets and Cavs have discussed a Thornton/Jack swap, tweets Michael Scotto of Sheridan Hoops.
2:36pm: The Nets and Cavs are discussing a trade that would center around Marcus Thornton and Jarrett Jack, reports Marc Stein of ESPN. Cleveland is interested in freeing up cap space by shedding Jack’s contract, which is guaranteed through 2015/16, in favor of Thornton’s expiring pact, says Stein, who adds that Brooklyn is among the few teams in the league undeterred from acquiring Jack’s extended deal.
Jack signed a $25MM contract with the Cavs last summer after a successful 2012/13 campaign in which he came off the bench behind Stephen Curry for the Warriors. His 2013/14 season was a disappointing one however, as the point guard shot just 41% from the floor and posted a career-low 11.5 PER.
Thornton was acquired by the Nets at last season’s trade deadline, and he proved to be a valuable asset for Brooklyn, averaging 12.3 points per night in just 23.8 minutes per contest. He’s set to enter free agency after the 2014/15 season.
According to Stein, the Nets fear they’ll lose free agent-to-be Shaun Livingston this offseason after a year in which the often-injured point guard exceeded expectations on a minimum-salary contract, and the club is looking to replace his production by acquiring Jack from the Cavs. Brooklyn, deep in the luxury tax, would only be able to offer Livingston a three-year deal in the neighborhood of $10MM using the taxpayers mid-level exception. The Timberwolves are one team rumored to be interested in Livingston that can make a more lucrative offer.
And-Ones: Crawford, Hayward, 76ers
With a logjam at the guard spots and limited payroll flexibility, the Warriors are willing to help Jordan Crawford find his next team with a sign-and-trade deal, a source tells Marc J. Spears of Yahoo Sports. The source added that the former Xavier guard has drawn interest from the Bulls, Mavericks, Lakers, Knicks, and Nets (Twitter links).
You can find more of tonight’s miscellaneous news and notes below:
- The Hornets were pleased with their meeting with Gordon Hayward today, but the Jazz maintain that they’ll match any offer sheet for the 24-year-old forward, tweets NBA.com’s David Aldridge.
- 76ers GM Sam Hinkie said that he’s involved in plenty of conversations, but not as many as the media has been reporting, writes Keith Pompey of The Philadelphia Inquirer. Hinkie doesn’t think the addition of a high-profile guard will hurt Michael Carter-Williams‘ confidence, adding that the 2013/14 Rookie of the Year is the team’s point guard of the future.
- Dwyane Wade and Chris Bosh will not be in attendance during LeBron James‘ meeting with Pat Riley tomorrow, a source tells Zac Jackson of FOX Sports Ohio.
- ESPN’s Marc Stein says he’s been strongly advised to dismiss rumblings that Nike has purchased billboards in Cleveland in anticipation for LeBron’s eventual free agency decision; however, It doesn’t mean that LeBron has ruled out a return to the Cavaliers either (Twitter links).
- Former Jazz head coach Tyrone Corbin will join the Kings as an assistant coach, a source tells Aaron Falk of the Salt Lake Tribune. A week ago, we relayed that Corbin was set to interview for a spot on Michael Malone’s coaching staff.
- Nik Stauskas is slated to sign his rookie deal with Sacramento today, tweets Jason Jones of the Sacramento Bee.
- Timberwolves president/head coach Flip Saunders admits that he should have sent Chase Budinger to the D-League last season for a rehab assignment last season, noting that the swingman’s return from knee surgery has been a tough transition (Twitter link via Nate Sandell of 1500 ESPN).
- The Knicks added Joshua Longstaff and Rasheed Hazzard to Derek Fisher‘s coaching staff, notes Jonah Ballow of NYKnicks.com. Longstaff was previously a Thunder assistant, while Hazzard formerly worked for the Lakers.
- Former Oakland star Travis Bader signed a deal with ASVEL in France but would be allowed to opt out of his contract if he can make an NBA roster, writes Brian Calloway of the Detroit Free Press.
The Hidden Value Of Brendan Haywood’s Contract
A 34-year-old backup center on the Hornets roster seems an odd selling point for the Cavs to use in their pitch to woo LeBron James back to Cleveland, but Brendan Haywood is reportedly one of the players the Cavs believe can help them win over the four-time MVP. It’s not because of any recruiting message Haywood might deliver to James. Rather, it’s because of a vestige of the amnesty provision that’s scarcely considered outside of NBA front offices.
The Hornets agreed on draft night to a trade that will send Haywood to the Cavs. It won’t be official until after the July moratorium, which runs through Wednesday. On the surface, the deal seems like a pedestrian exchange of the aging Haywood and 45th overall pick Dwight Powell for reserve small forward Alonzo Gee.
Haywood was in the middle of his ninth season with the Wizards in 2010 when they traded him to the Mavericks, who re-signed him that summer to a six-year deal worth more than $52MM. Dallas also traded for Tyson Chandler that same offseason, and when Chandler beat out Haywood for the starting job, Haywood’s deal quickly became an object of regret. The only saving grace about that contract for Dallas was that his salary for the final season, worth more than $10.5MM, was non-guaranteed. That wasn’t enough to save Haywood from the chopping block in 2012, when the Mavs used the amnesty clause to waive Haywood and clear the cap room necessary to sign Chris Kaman to a one-year, $8MM deal, another contract that didn’t pan out for Dallas.
The then-Bobcats, sensing an opportunity to acquire a serviceable player they might not be able to woo in free agency, since they had just compiled the league’s worst winning percentage of all time, submitted a claim for Haywood. Unlike regular waivers, amnesty waivers allow teams to make partial claims in which they essentially place bids on the player. The Bobcats entered either the highest bid or the only bid — whether they had competition remains unknown — and won the rights to Haywood for $6.15MM. That amount was spread over the three remaining seasons on the contract that were fully guaranteed. The Mavs would pay the rest of his guaranteed salary, but it wouldn’t count against their cap.
The final, non-guaranteed season remained untouched. Dallas isn’t on the hook for that money, and Charlotte would only be responsible for it if it kept him past his contract guarantee date, which is August 1st, 2015, according to Mark Deeks of ShamSports. That gave the then-Bobcats, or any team to which they traded Haywood, full control over the deal’s final season, which is 2015/16. It left an unbalanced contract on Charlotte’s books, with salaries in the neighborhood of $2MM for the first three post-amnesty seasons preceding a hefty leap to more than $10.5MM.
Haywood will almost certainly be waived before next August and never receive that $10.5MM. Still, after next year’s July moratorium, that salary would still count toward the league’s salary matching requirements if the Cavs, once they officially acquire him from Charlotte, were to flip him in another trade. Cleveland could bring in a player making as much as $5MM more than Haywood’s non-guaranteed 2015/16 salary, and the team that gives up such a player could waive Haywood and gain a chunk of cap space equal to that approximately $10.5MM salary. Therein lies the value of Haywood.
The rechristened Hornets aren’t in any position to attract James to their team, or any starry 2015 free agent like Kevin Love or Rajon Rondo, the presence of owner Michael Jordan notwithstanding. For them, the trade will net immediate cap flexibility, since Gee’s $3MM salary is non-guaranteed for 2014/15, whereas Haywood’s salary is guaranteed for this coming season.
Haywood would still have been valuable to the Hornets, who could have traded his deal to acquire a high-dollar player next summer. But it’s even more valuable to the Cavs, who can use it to show another high-dollar player — LeBron — that they have the capability to surround him with game-changing talent.
Photo courtesy of USA Today Sports Images.
Central Notes: Smith, Wright, Mirotic, Cavs
The Pistons value Josh Smith and aren’t eager to part ways with him, reports Sam Amick of USA Today (via Twitter). Rumors circulated that Detroit was discussing a possible deal that would have sent Smith packing to Sacramento, but talks fizzled out and the 28-year-old forward was never moved. More on the Pistons and the Central Division..
- Detroit has hired Brian Wright as an assistant GM, reveals a report from The Associated Press. Wright had been working in Orlando’s front office for the past eight seasons, meaning he has previous experience with new Pistons head coach/president Stan Van Gundy.
- Nick Fridell of ESPNChicago.com passes along former college coach Fran Fraschilla’s views on Bulls prospect Nikola Mirotic. Fraschilla thinks that Mirotic would have been a top 4 pick in this summer’s draft and compares his NBA-readiness to that of Bucks selection Jabari Parker.
- Rumors that the Cavs pulled down Dan Gilbert‘s infamously sour farewell letter to LeBron James today are false, says Sam Amico of Fox Sports Ohio (on Twitter), who adds that the letter hasn’t been easily accessible to the public for three years.
Amico On Heat, Cavs, LeBron James
The Heat might be in line to add another free agent before the end of the day, sources tell Sam Amico of Fox Sports Ohio. Miami made headlines this afternoon when they agreed to deals with a pair of veterans in Josh McRoberts and Danny Granger. Here’s more from Amico on the Heat, Cavs, and LeBron James:
- McRoberts’ decision to ink a deal with the Heat is appealing to LeBron, a source tells Amico, since the former Charlotte big man could take over the role of defending opposing teams’ power forwards from James.
- Amico also hears that bigger name free agents like Pau Gasol, Trevor Ariza, and Luol Deng aren’t interested in the reduced salaries that the Heat are offering.
- One Western Conference GM told Amico that plenty of front offices around the league are actually hoping the Heat’s Big Three remains intact. “One thing [Miami has] proven the past four years is they can’t add any real talent around those guys,” the GM said. “Their run will be over in two years, and it may already be. I’d be considerably more scared of LeBron in Cleveland or Phoenix.“
- The same GM suggested that Pat Riley will have a hard time explaining to James the club’s lack of a proven starting point guard.
- One Cavs source told Amico that Cleveland would be making moves soon and that the front office has been busy trying to improve the team, independent of the club’s pursuit of James. Sources also told Amico they expect LeBron to make his decision on where to sign by Wednesday.
- Kyrie Irving has reached out to James in an effort to recruit the All-Star forward to Cleveland, hears Amico. Of course, Irving agreed to a long-term extension with the Cavs earlier this month.
Free Agent Rumors: ‘Melo, Ariza, Stephenson
The Lakers aggressively pitched to Carmelo Anthony the idea that he can be the star of the team once Kobe Bryant‘s contract expires in 2016, as Ian Begley of ESPNNewYork.com hears (Twitter link). ‘Melo was to have taken the weekend to make his free agent choice, but it appears he still hasn’t made up his mind. Here’s more from a wild Monday of free agency:
- The Cavs, Lakers, Heat and Mavs are all pursuing Trevor Ariza, tweets Ken Berger of CBSSports.com. The Wizards are presumably still in the hunt, as well. The swingman is seeking salaries of $9-11MM, Berger adds.
- The Mavs have indeed shown interest in Lance Stephenson, reversing their previous stance against signing him, reports Chris Broussard of ESPNDallas.com, but it’s still very unlikely the shooting guard will end up in Dallas, tweets Tim MacMahon of ESPNDallas.com. The Pacers‘ recent five-year, $45MM offer disappointed the Alberto Ebanks client, who’s begun shopping for other teams, Broussard writes.
- The Celtics are also interested in Stephenson, Broussard adds (via Twitter).
- Marc Stein of ESPN.com (on Twitter) continues to hear that the Thunder are ahead of the Heat in the Anthony Morrow chase. Along with Pau Gasol, Morrow has been a prime OKC target in free agency.
- A Chinese team offered Sebastian Telfair a two-year, $7MM deal as word of an impending deal with the Thunder leaked, agent Joel Bell tells Shams Charania of RealGM. Telfair passed that up to strike a one-year, minimum-salary agreement with the Thunder.
- Paul Pierce‘s representatives are telling teams that he’s looking for a two-year deal worth $9-10MM per season, according to Chris Mannix of SI.com (on Twitter). The Jeff Schwartz client is waiting to see if teams are willing to offer more money once the first-tier free agents come off the board, Mannix adds (Twitter link).
- The Nets, Trail Blazers and Spurs have worked out free agent Ivan Johnson, tweets Chris Vivlamore of the Atlanta Journal-Constitution.
- The Hornets are among the teams set to meet with unrestricted free agent Kent Bazemore, tweets Alex Kennedy of Basketball Insiders.
- Free agent Matt Bonner has remained in contact with the Spurs on a possible reunion and is waiting for the roster to unfold, sources tell RealGM’s Shams Charania (on Twitter). No other clubs are in the mix for him yet.