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.
Heat Considering Mario Chalmers Sign-And-Trade
Miami has explored the possibility of sending Mario Chalmers out in a sign-and-trade to add more talent, sources tell Alex Kennedy of Basketball Insiders (Twitter link). The Heat are meeting with LeBron James today after agreeing to deals with Josh McRoberts for the value of the non-taxpayer’s mid-level exception and Danny Granger for the equivalent of the bi-annual exception.
Chalmers, 28, struggled mightily in the playoffs, averaging only 6.4 points per contest, and was benched for the team’s final postseason game. It was the first time he didn’t start for the Heat in the past three seasons, and he recorded a career-high 14.0 PER this past year during the regular season. He tied his career mark with 4.9 assists per game, and his 9.8 PPG approached his best, too.
The Sam Goldfeder client has expressed interest in returning to Miami for next season. Still, the Heat made a run at Kyle Lowry before he re-signed with the Raptors, and the club apparently envisions bringing in someone new to play his role. Chalmers would have to agree to go elsewhere in any sign-and-trade, though the Heat could attempt to force his hand and decline to make an offer for him to stay.
Kings Sign Nik Stauskas
WEDNESDAY, 7:48am: The deal is official, the team announced.
TUESDAY, 11:57pm: Eighth-overall pick Nik Stauskas has signed his rookie deal with the Kings. The 20-year-old guard confirmed the contract signing via his Twitter account and posted a picture on Instagram of himself signing the contract. Earlier, we heard that Stauskas was expected to officially sign with the Kings at some point today. Based on our table of projected salaries for 2014 first-round draft picks, the former Michigan sharpshooter will earn roughly $2.7MM in the first year of his deal, assuming that he signed for 120% of the rookie scale amount.
Stauskas blossomed during his sophomore season in college, increasing his scoring average from 11.0 PPG in 2012/13 to 17.5 PPG. More impressively, the 6’6 guard maintained a consistent shooting percentage from the field and long distance – around 47.0% and 44.0%, respectively – with more minutes and an increased number of shot attempts per game relative to his freshman season. Despite his offensive talent, there have been some concerns about Stauskas’ ability to defend at the NBA level. As Zach Links of Hoops Rumors noted, Stauskas will have an opportunity to thrive as an effective role player if he can make some signifcant improvements defensively early in his career.
Nando De Colo To Play In Russia
WEDNESDAY, 7:27am: The deal is official, the team announced. CSKA’s statement indicates that the contract includes an option for a third season, but it’s unclear whether that’s a team or a player option.
MONDAY, 1:23pm: Wojnarowski’s full story indicates that De Colo turned down a two-year offer from Toronto, though just how much money was a part of it remains unknown.
12:54pm: Guard Nando De Colo has turned down an offer from the Raptors and will sign with Russia’s CSKA Moscow, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). De Colo was reportedly offered a two-year deal for the equivalent of $4.08MM, according to Sportando’s Emiliano Carchia (Twitter link).
De Colo is a restricted free agent, giving the Raptors the opportunity to match offers from other NBA teams, but the international market isn’t bound by that. The Raptors, who agreed to trade Steve Novak to the Jazz last week to free up room beneath the luxury tax line, are trying to secure a deal with Greivis Vasquez, and there was a strong chance they wouldn’t have been able to give De Colo what the Russian team apparently offered.
Latest On Donald Sterling
After no-showing at a probate trial hearing involving the pending sale of the Clippers yesterday, Donald Sterling arrived in court this afternoon to testify. There are a handful of noteworthy items to pass along from some who are covering the trial today, and you can find them below:
- Ramona Shelburne of ESPNLosAngeles.com (via Twitter) says that this case is scheduled through Thursday afternoon, and although there’s no guarantee that a ruling would be made by then, the judge clearly understands the time frame of the sale. As Linda Deutsch of the Associated Press notes, the NBA owners are expected to vote to approve Shelly Sterling’s agreement with Steve Ballmer on July 15th, which is also the day that Ballmer’s offer to buy the team is set to expire.
- Donald claims that he can get between $2.5 to $5 billion if he sold the Clippers, tweets Dan Woike of the Orange County Register.
Earlier updates:
- Donald had initially agreed to the sale of the team because he thought that the league would then waive the fine and lifetime ban levied against him, according to Shelburne and Arash Markazi of ESPNLosAngeles.com (Twitter links).
- Donald’s wife Shelly had been authorized to negotiate the sale because Donald thought that she would ultimately keep her portion of the team, tweets Shelburne.
- The NBA has no plans of rescinding Donald’s lifetime ban, tweets Jeff Zillgitt of USA Today.
- Another reason why Donald is fighting the sale is that he believes he can get the same deal that the Lakers got with Time Warner and radio stations, per Shelburne (via Twitter).
- Donald said that he was in the process of negotiating a TV deal with FOX at the time he was banned, says Shelburne (Twitter link).
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.
Eastern Notes: LeBron, Monroe, Magic, Bulls
LeBron James is scheduled to meet Wednesday with Heat president Pat Riley in Las Vegas, league sources told ESPN’s Chris Broussard. A few days ago, we passed along that the free agent superstar was planning to have a sitdown with Riley at some point this week. Here’s what else has been buzzing in the Eastern Conference this evening:
- Pistons president/head coach Stan Van Gundy reiterated that restricted free agent Greg Monroe is still part of the team’s future plans, reports David Mayo of MLive. Mayo also explains how Detroit could potentially create an additional $4.5MM in cap space this summer by making other moves in free agency first before signing Monroe to a new contract.
- In their final move of this summer’s free agency, the Magic aim to land a third point guard to back up Victor Oladipo and Elfrid Payton, according to Josh Robbins of the Orlando Sentinel.
- The Bulls’ pursuit of Pau Gasol is dependent on what Carmelo Anthony decides to do in free agency, reports Joe Cowley of the Chicago Sun-Times, who hears that the wait has become “frustrating” for Chicago’s front office.
- When Knicks head coach Derek Fisher spoke with Carmelo last week, he guaranteed that the team would be better next season with the new system, reports Marc Berman of the New York Post. Fisher, who hasn’t spoken with Anthony since Thursday’s meeting, wouldn’t say whether he felt good or not about New York’s chances of retaining the star forward.
- In another piece, Berman writes that Anthony has held out faint hope that Knicks president Phil Jackson can clear the necessary cap space this summer to bring LeBron James to New York. Doing so would at the least require New York to find takers for Amar’e Stoudemire and Andrea Bargnani in salary dump deals.
- Having completed his workout for the Raptors, former NBA swingman Yakhouba Diawara will be auditioning for the Bucks next, a source tells David Pick of Eurobasket (Twitter link).
- Celtics guard Rajon Rondo recently spoke with Baxter Holmes of the Boston Globe and brushed off speculation that the arrival of rookie point guard Marcus Smart could affect his future in Boston. “I don’t think (anything) of it… I can be here today, gone tomorrow. You never know. For me to get bent out of shape, or to feel threatened by the Celtics drafting a point guard, it means nothing.”
Hornets Pursuing Marvin Williams
7:57pm: Williams will travel to Charlotte and visit with the team, tweets Rick Bonnell of the Charlotte Observer.
7:38pm: The Hornets are going after Marvin Williams as a possible replacement for Josh McRoberts, who recently left Charlotte as a free agent and signed with the Heat, according to Adrian Wojnarowski of Yahoo Sports. The two sides have discussed parameters of a deal, but no agreement is imminent, Wojnarowski adds. Williams was most recently linked to Miami, who coincidentally withdrew their interest once was McRoberts was signed with their mid-level exception.
In 66 games last season, Williams averaged 9.1 PPG and 5.1 RPG in 25.4 MPG while shooting 43.9% from the field and 35.9% from beyond the arc. The Jazz reportedly still hope to sign Williams to a new deal, but sources tell Wojnarowski that the 28-year-old forward’s desire for financial security be more than what Utah is willing to pay.
Bucks Sign Jabari Parker
7:05pm: Parker’s contract is worth $22.3MM over the next four seasons, and his first year salary will indeed be $4.9MM, according to Charles F. Gardner of the Journal Sentinel.
6:57pm: Jabari Parker signed his rookie deal with the Bucks today, a source tells Adrian Wojnarowski of Yahoo Sports (Twitter link). Assuming that he signed for 120% of the rookie scale, Parker projects to earn around $4.9MM in the first year of his deal, as our table of salaries for this year’s first-round picks details. The former Duke Blue Devil is the first among the top three picks of this year’s draft to sign his rookie contract.
The second-overall pick didn’t have much of an opportunity to showcase himself in this year’s NCAA tournament, as Duke – a number three seed – was upset in the opening round by 14th-seeded Mercer. As Charlie Adams of Hoops Rumors pointed out, Parker still has ample room to develop and has to get used to playing against longer, athletic opponents; however, Parker’s tremendous offensive skill set and readiness to compete at the NBA level immediately makes him a fine prospect to work with nonetheless.
Aldridge To Seek New Deal Next Summer
Trail Blazers star LaMarcus Aldridge told Joe Freeman of The Oregonian that he won’t sign a contract extension in Portland this offseason but hopes to sign a new deal with them next summer when he becomes an unrestricted free agent. The 28-year-old big man also implied that testing free agency a year from now would be more advantageous because he could then re-sign with the Blazers for more seasons and more money at that point (Twitter links).
Aldridge specified that financial security is his top priority before making it clear that Portland is where he wants to spend the rest of his NBA career: “I’m happy to stay (in Portland), happy to be here, happy with the direction the team has gone the last year or (two)…But I just want to get a 5-year deal. I feel like that’s the best decision on my part…I want to be the (best Blazer Ever)” (All Twitter links via Freeman).
The three-time NBA All-Star has been mentioned among the marquee free agents expected to headline the summer of 2015. Aldridge’s ultimate goal of landing a five-year contract – one that only the Trail Blazers would be able to offer – presumably puts the kibosh on other teams’ hopes of either trying to recruit him or pursue an extend-and-trade for now; however, it’s more than likely that those clubs will make p once Aldridge officially hits the free agent market.