And-Ones: Mavericks, Williams, Bzdelik
Last season, D.J. Augustin, Glen Davis, Danny Granger, and Caron Butler were just a handful of rotation-worthy players who were able to land on playoff-bound teams after being waived during the regular season. Keeping this in mind, Mavericks owner Mark Cuban said on the “Fitzsimmons and Friedo Show” on 103.3 ESPN in Dallas that his team could hold off on using its $2.732MM exception this summer, waiting to see who could become available if notable players are released from their respective teams during the regular season (hat tip to Tim MacMahon of ESPNDallas.com).
Here are more miscellaneous news and notes to pass along tonight:
- While there has been mutual interest between Dallas and free agent guard Mo Williams, the 31-year-old guard has fielded offers that are more lucrative than the Mavs’ $2.732MM exception, says MacMahon. A source also tells MacMahon that Williams hasn’t even been Dallas’ top target with that exception.
- Grizzlies coach Dave Joerger is in advanced talks to hire former Nuggets coach Jeff Bzdelik to be an assistant on his coaching staff, hears Marc Stein of ESPN (Twitter link). Bzdelik is expected to sign a contract tomorrow, tweets Marc J. Spears of Yahoo Sports.
- Free agent swingman Dahntay Jones will audition for 15-20 teams in Las Vegas next week, tweets Alex Kennedy of Basketball Insiders.
- Hornets big man Al Jefferson told Kennedy that he’s thrilled with his team’s offseason moves. “I told (management) how I felt when the season went over well. They did everything they said they were going to do [this summer]. I think (we’ve gotten) better.”
- The Pistons are not currently considering the possibility of moving from the Palace of Auburn Hills, reports Vincent Goodwill of The Detroit News. Mark Barnhill, senior partner at Platinum Equity, made a statement reflecting the views of Pistons owner Tom Gores in light of the Ilitch family’s plans to build a $650MM entertainment district in downtown, which will in part house the NHL’s Detroit Red Wings. “We have a beautiful arena, and we have invested tens of millions of dollars over the past three years to modernize and improve that facility…At the same time, we would never close the door on alternatives if they made good sense for our fans, for our team, for our business and for Michigan.”
Cavs Acquire Three In Swap With Jazz
7:21pm: The Cavaliers have officially announced the deal, per a team press release.
7:16pm: Out of the three players heading to Cleveland, Minnesota actually had some interest in Murphy after he was waived by the Bulls last season, tweets Jerry Zgoda of the Star Tribune.
7:03pm: The pick that Utah will receive in the deal will be a 2015 second rounder from Cleveland, tweets Aaron Falk of the Salt Lake Tribune.
6:21pm: According to one Cavs source, Cleveland likes Lucas, Thomas, and Murphy and doesn’t necessarily view them as stepping stones to a bigger deal, tweets Jason Lloyd of the Akron Beacon Journal.
6:00pm: The Jazz are expected to trade the non-guaranteed contracts of John Lucas III, Malcolm Thomas, and Erik Murphy to the Cavaliers for Carrick Felix, a future second rounder, and $1MM, a source tells Adrian Wojnarowski of Yahoo Sports. Felix’s contract is guaranteed for $816K in 2014/15, whereas Lucas III, Thomas, and Murphy combined for roughly $3.3MM in non-guaranteed deals for the upcoming season. Wojnarowski adds that Cleveland had been looking to make this type of deal recently in order to help facilitate a trade for Timberwolves star Kevin Love (Twitter links).
Minnesota has been determined to unload Kevin Martin and J.J. Barea in a deal involving Love, says Wojnarowski, who also notes that the Cavs would have to find a third team in order to make it work. Nonetheless, whether Lucas, Thomas, and Murphy’s contracts are used to bring the former UCLA big man to Ohio or are included in a separate trade, this deal at the very least has given Cleveland some “buying power” (Twitter links).
Doc Rivers Wants Out If Donald Sterling Stays
5:04pm: Parsons emphasized that he’d “try” to convince Rivers and the players to go through with this season if Sterling remained as the team owner, tweets Markazi.
4:47pm: Doc Rivers has told Clippers CEO Dick Parsons that he doesn’t think he’d want to continue as coach of the team if Donald Sterling were to remain as owner, as Parsons said today under oath during testimony in the Sterling probate trial, tweets Arash Markazi of ESPNLosAngeles.com. Presumably that also applies to Rivers’ role in charge of the team’s player personnel as president of basketball operations. His departure would have the club in a “death spiral,” Parsons testified, according to Markazi (on Twitter).
“If Doc were to leave that would be a disaster,” Parsons said on the stand, as Markazi tweets. “Doc is the guy that leads the effort.”
Parsons, whom the league appointed in May to serve as a caretaker for the Clippers, also expressed concern that players would seek to leave the team, Markazi notes (Twitter link). The league has pursued a variety of avenues to wrest the team from Sterling, whom commissioner Adam Silver banned Sterling for life this spring after a recording of racially charged statements emerged. Sterling has nonetheless lingered as he pursues legal action against the league and resists the sale of the team.
The trial is taking place to determine whether Shelly Sterling had the right to take control of the Sterling family trust that legally owns the Clippers and negotiate a deal to sell the team to former Microsoft CEO Steve Ballmer. The $2 billion that Ballmer agreed to put up for the franchise would be tough to match should the judge rule that Shelly Sterling acted outside of her rights, as Parsons testified, according to Markazi (Twitter link).
“In my opinion its going to be tough to get this price again,” Parsons said in testimony. “If Steve goes away I don’t know how you get to this number again.”
Rivers took weeks during the immediate wake of the Sterling scandal to dismiss the notion that he’d walk away from the Clippers, finally saying that he had no plans to leave and pointing to the two years remaining on his contract. Still, the possibility of next season starting with Donald Sterling in place as owner of the Clippers is one that Silver wouldn’t dismiss in remarks last week.
Bulls, Cavs Angling For Love, Nuggets In Mix
4:57pm: A source who spoke to Joe Cowley of the Chicago Sun-Times disputes that the Bulls are once more pushing to trade for Love.
4:08pm: The general belief is that the Wolves asked for Joakim Noah when they held preliminary talks about Love with the Bulls prior to the draft last month, according to K.C. Johnson of the Chicago Tribune. Presumably, Chicago rebuffed Minnesota on that point.
3:40pm: Dieng’s name hasn’t come up in talks with Cleveland, and neither has Martin’s, reports Jon Krawczynski of The Associated Press. Krawczynski cautions that Martin’s name was indeed a part of talks with the Warriors earlier in the offseason (Twitter links).
2:44pm: Gorgui Dieng‘s name has also come up in talks between the Cavs and Wolves, sources tell Sam Amico of Fox Sports Ohio (Twitter link).
2:11pm: Cleveland’s search for non-guaranteed contracts are in fact in an effort to sweeten their offer for Love, Wojnarowski writes in a full story, as they would provide cap relief for Minnesota once waived. The Cavs are also dangling future first-round picks in search of an experienced center, sources tell Wojnarowski, though it’s unclear if that, too, is related to Love. Wojnarowski is among the reporters contending that the Cavs are willing to put Wiggins in the deal, a point of frequent debate.
The Nuggets also remain in play for Love, according to Wojnarowski, and their package is Minnesota’s favorite outside of Cleveland’s and Golden State’s, if the Warriors were to relent and offer Klay Thompson. Denver reportedly offered multiple packages in June, but it’s unclear what the Nuggets have on the table now. The Wolves are insisting that teams take on J.J. Barea as part of any Love trade, and possibly Kevin Martin, too, Wojnarowski adds.
1:15pm: The Wolves also like Bulls rookie Doug McDermott, but their priority remains acquiring Wiggins if possible, Wolfson tweets.
12:57pm: The Bulls are indeed making another push to get involved in the Love sweepstakes, report Marc Stein and Brian Windhorst of ESPN.com. The general belief is that the Wolves would seek Taj Gibson, Jimmy Butler and other assets from Chicago, according to Stein and Windhorst. The Bulls and Warriors were seemingly Love’s top two destinations when he made a push to be traded in May, but Chicago put any pursuit of him on the backburner while it chased Carmelo Anthony.
Still, the Cavs remain in the lead for Love and are increasingly optimistic that they can find a package that will work for the Wolves, Stein and Windhorst write. Their offer would center around Andrew Wiggins, Anthony Bennett and a first-round pick, Stein and Windhorst hear, echoing a report last week from fellow ESPN scribe Chris Broussard and perhaps signaling a renewed willingness from Cleveland to part with Wiggins.
11:09am: The notion of including Andrew Wiggins in a trade for Kevin Love appears to be a matter the Cavs have tabled for now, but Cleveland remains in daily contact with the Wolves, tweets Darren Wolfson of 1500 ESPN Twin Cities. The Wolves are ready to pull off a deal, but the Cavs are reticent to trade future first-round picks, as Gery Woelfel of The Journal Times hears (Twitter link). Minnesota is interested in the protected 2015 first-round picks the Cavs have coming from the Heat and Grizzlies, according to Jeff Goodman of ESPN.com (Twitter links).
The Bulls could find themselves in position to acquire Love, especially given the presence of Nikola Mirotic on the roster, if the Cavs won’t give up the picks the Wolves want, sources also tell Woelfel (Twitter link). As Mirotic was finalizing his buyout from Real Madrid of Spain, he reportedly wanted the Bulls to assure him that he wouldn’t be traded, though it’s unclear if Chicago ever addressed that issue.
The Cavs are on the prowl for non-guaranteed contracts that they can flip and use as trade ballast in subsequent deals, reports Adrian Wojnarowski of Yahoo! Sports (on Twitter). Cleveland remains under the cap, so it isn’t subject to a two-month waiting period that would prevent it from immediately aggregating salary it received via trade in another swap. It appears as though the Cavs are going after these contracts at least in part to help build their portfolio for a Love trade, though that’s just my speculation.
Summer Contracts
NBA teams typically turn their attention to deals known as summer contracts once the madness of the first few weeks of free agency subsides. The term is something of a misnomer, since these aren’t contracts for summer league, as the name might suggest. Instead, they’re signed with an eye toward October, when teams conduct training camps and play preseason games.
Rosters can swell to as many as 20 players during the offseason, and many teams will take full advantage between now and the time camps open, signing a handful of prospects who dream of making it to opening night, when teams may carry no more than 15 players again. A few will break through and displace established veterans on guaranteed contracts, but most will be gone by the regular season, when players start to receive paychecks. Almost every team in the league will sign camp invitees to contracts that will be terminated before the salary even begins to be paid out, and the league treats these contracts differently from others.
Summer contracts must be non-guaranteed, and while they’re almost always for the minimum salary, they don’t have to be. They also needn’t be for just one season. The one-year, minimum-salary limits apply to Exhibit 9 contracts, which are a subset of summer pacts. Those restrictions are also in place if a club re-signs one of its own free agents to a summer contract, or if a team inks a summer contract with one of its former players who has yet to sign with another NBA team. Still, it’s a fair bet we’ll see the Sixers, who made prolific use of lengthy non-guaranteed contracts last season, sign players to summer contracts for three and four seasons, and many other teams surely will, too.
Sixers power forward Brandon Davies signed his four-year summer contract on October 27th, 2013, just before the start of the regular season this past year. Teams can sign summer contracts from the first day following the July moratorium until the last day before the regular season starts. Most of them are signed during August and September.
Teams are allowed to sign players to summer contracts even if they don’t have the cap room or an exception available to facilitate such a deal, as long as they create the necessary flexibility by the start of the regular season if they wind up keeping the players. That caveat doesn’t often come into play too frequently, since most summer contracts are for the minimum salary and fall under the auspices of the minimum-salary exception. However, the minimum salary exception only covers contracts of no more than two years, so the rule helps teams that sign players to longer summer contracts. It also comes in handy for teams that have triggered hard caps with the use of the non-taxpayer’s mid-level exception, biannual exception, and/or the acquisition of a player via sign-and-trade.
Note: This is a Hoops Rumors Glossary entry. Our glossary posts will explain specific rules relating to trades, free agency, or other aspects of the NBA’s Collective Bargaining Agreement. Larry Coon’s Salary Cap FAQ and ShamSports were used in the creation of this post.
Bulls Sign Aaron Brooks
The Bulls have signed point guard Aaron Brooks, the team announced on its website. Marc Stein of ESPN.com reported a few days ago that the sides were close to a deal, not long after Aggrey Sam of CSNChicago.com indentified mutual interest. It’ll have to be a minimum-salary arrangement, since the Bulls are capped out and already spent their room exception on Kirk Hinrich, and K.C. Johnson of the Chicago Tribune wrote last week that it would be for the minimum.
The Creative Artists Agency client split last season between the Rockets and Nuggets, turning in a strong performance for an injury-ravaged Denver team down the stretch. He averaged 11.9 points. 5.2 assists and 2.3 turnovers in 29.0 minutes per game over 29 appearances.
Brooks, 29, will vie with Kirk Hinrich to become the primary backup to Derrick Rose, with former Bulls point guard D.J. Augustin having signed with the Pistons for three years and $6MM. The six-year veteran Brooks started all 82 games for the Rockets in 2009/10, so he gives the Bulls a trusty insurance policy at a low cost should Rose once more be injured.
Bulls Sign Doug McDermott
The Bulls have signed No. 11 overall pick Doug McDermott, the team announced via press release. The sharpshooting forward from Creighton will likely receive a salary of nearly $2.278MM this season, as our table of salaries for 2014 first-round picks shows.
Chicago acquired the rights to McDermott on draft night in a trade with the Nuggets. McDermott was a consensus All-American during each of his final three seasons with the Blue Jays, and he averaged 26.7 points and 7.0 rebounds with 44.9% three-point shooting from behind the arc this past season. His defense is a concern, but his ability to stretch the floor with his shot certainly isn’t, as Cray Allred of Hoops Rumors examined when he compiled McDermott’s Prospect Profile.
The timing of the announcement is somewhat curious, since McDermott’s name surfaced in a report earlier today as a player the Wolves are high on as the Bulls make another run at trading for Kevin Love. The Bulls will have to wait 30 days to trade McDermott after having signed him, but they could have traded his rights immediately had they held off on officially coming to terms.
Nets Sign Bojan Bogdanovic
The Nets have signed draft-and-stash prospect Bojan Bogdanovic, the team announced via press release. It’s a three-year, $10.1MM deal, a source tells Adrian Wojnarowski of Yahoo! Sports (Twitter link), so it’s likely the team is signing him for the full value of the taxpayer’s mid-level exception. That’s the framework that Ohm Youngmisuk of ESPN.com outlined when it appeared, as Tim Bontemps of the New York Post reported, that the sides were close to a deal. Youngmisuk also said the deal would include a player option, though it’s not entirely clear if that’s indeed a part of the arrangement.
Bogdanovic has spent the past three seasons playing for Fenerbahce Ulker in Turkey after he became the 31st overall pick of the 2011 draft. The Nets acquired his rights on draft night, and struck a deal to sign him a year ago. Complications regarding his buyout from Fenerbahce caused that agreement to come apart, but this time, the Nets were able to make it official.
The 25-year-old Bogdanovic averaged 13.4 points and 35.0% three-point shooting this past season in Turkey. He’s not to be confused with Bogdan Bogdanovic, whom the Suns drafted 27th overall in June, and who signed with the same Turkish team earlier this month.
Warriors Sign Brandon Rush
JULY 22ND: The deal is official, the team announced via press release.
JULY 16TH: The Warriors and Brandon Rush have reached agreement on a two-year deal with a player option for the final season, reports Adrian Wojnarowski of Yahoo! Sports (Twitter links). It’ll be worth a total of $2.5MM, a source tells Shams Charania of RealGM (Twitter link), a number that Woj confirms in his full story. It would nonetheless seem logical that the precise value is $2,416,649, which would be his minimum salary for this coming season and 2015/16, since capped-out Golden State is without its biannual exception this year and already committed nearly all of its mid-level to Shaun Livingston.
Rush is coming off a two-year deal worth $8MM that he signed with the Warriors in 2012, after shooting 45.2% from three-point range off the bench in 2011/12 for Golden State. He only appeared in two games the following season, suffering a torn ACL, and the Warriors shipped him to the Jazz for this past season, a year in which he saw a career-low 11.0 minutes per game.
The Mark Bartelstein client seemed on his way out of Utah late last season, and the Jazz recently renounced his rights. Warriors GM Bob Myers spoke highly of Rush in advance of a workout he staged for multiple NBA teams, and it appears the Golden State brass saw enough to convince them to bring the 29-year-old back to the Bay.
And-Ones: Kings, Turner, Mudiay, Union, Bulls
Kings GM Pete D’Alessandro told Grantland’s Zach Lowe that the two keys to his rebuilding strategy are to surrender nothing of lasting value in exchange for capable veterans like Rudy Gay and to be willing to take quality players on inflated contracts.
“There are players that are being paid more than the league thinks they should be paid,” D’Alessandro said. “We see those contracts as an opportunity. Our first question is, ‘Do we like the player?’ If we do, then can we use a contract the league doesn’t look favorably on as an opportunity to make our team better?”
We passed along more on the Kings from Lowe this morning, and we’ve got plenty from around the rest of the league here:
- The Celtics had been in contact with Evan Turner almost every day between the start of free agency and Monday, when they reached agreement on a deal, writes Steve Bulpett of the Boston Herald.
- Emmanuel Mudiay isn’t the first well-regarded high school player to turn pro overseas rather than play in college, but his $1.2MM pact with Guangdong of China makes him the most highly compensated ever to have done so, notes Adrian Wojnarowski of Yahoo! Sports.
- Three candidates remain for the players association’s vacant executive director position, tweets Gery Woelfel of The Journal Times. The job has been open since the union ousted Billy Hunter at the All-Star break in 2013 and installed Ron Klempner in an interim capacity. It’s unclear whether Klempner is one of the finalists.
- Cameron Bairstow‘s deal with the Bulls is for three years, starting at the minimum salary, reports K.C. Johnson of the Chicago Tribune. That means the team used all but a sliver of its remaining cap space to sign the rookie out of New Mexico, whom the Bulls picked 49th overall in last month’s draft. The first season of Bairstow’s contract is the only one that’s fully guaranteed, Johnson adds.
- Chris Andersen‘s two-year deal with the Heat is for a total of $10.4MM, all of which is fully guaranteed, tweets Marc Stein of ESPN.com.