Cavs Sign Jordan McRae To Two-Year Deal

WEDNESDAY, 12:36pm: The signing is official, the team announced. The Cavs refer to it as a multiyear arrangement, which jibes with McMenamin’s report that it includes a team option for next season. Cleveland didn’t have the cap space or exception necessary to give him a contract that goes past next season, so it’s two-year deal.

12:51pm: The pact is to include a team option for next season, tweets Dave McMenamin of ESPN.com.

TUESDAY, 12:08pm: The Cavaliers will sign Jordan McRae to a deal that covers the rest of the season after his 10-day contract expires tonight, reports Chris Haynes of the Northeast Ohio Media Group and the Cleveland Plain Dealer. The team was eligible to sign him to one more 10-day, but the sides have evidently decided to skip ahead to the next step. McRae has totaled just 14 minutes in three appearances so far, but the Cavs have been impressed with the positional versatility he’s shown in practice, Haynes writes.

The deal would give the 6’6″ rookie, who turns 25 later this month, about $100K, depending on when the official signing takes place. It would cost Cleveland about $850K in combined payroll and projected taxes. Still, the Cavs saved about $10MM in their deadline deals, theoretically giving them the flexibility to reinvest that money. Cleveland has an open roster spot even with McRae aboard.

McRae, the 58th pick in the 2014 draft, is already on his third NBA team since October after splitting last season between Australia and the D-League. He signed the required tender the Sixers had to offer this past summer to retain his draft rights, but Philadelphia waived him just before opening night, forfeiting those draft rights. The Suns later signed him to a pair of 10-day contracts, the last of which was actually a 12-day deal because it bridged the All-Star break. He averaged 5.3 points in 11.7 minutes per game for Phoenix, but he didn’t stick with the Suns, who turned to Phil Pressey instead.

Are the Cavs wise to add younger players like McRae, or should they target veterans instead? Leave a comment to share your thoughts.

Spurs Sign Kevin Martin

MARCH 9TH, 12:30pm: The signing is official, the team announced via press release. San Antonio waived Rasual Butler minutes earlier to clear a roster spot for the move.

9:49pm: The Thunder, Grizzlies and Wizards were among the teams pursuing Martin, Stein tweets.

MARCH 4TH, 9:01pm: The Spurs have reached a contract agreement with free agent shooting guard Kevin Martin, Marc Stein of ESPN.com reports (via Twitter). San Antonio currently has the league maximum of 15 players on its roster, so a corresponding move will be required prior to inking Martin. The Mavs, Rockets and Hawks also had expressed interest in signing Martin once he cleared waivers, as Stein also recently reported.

Martin was available for a trade for months prior to the February trade deadline, as Jon Krawczynski of The Associated Press first reported in December, but potential suitors were apparently reluctant to take him on without knowing what he’d do about his player option for 2016/17. Once the trade deadline passed, Martin and the Wolves reached an agreement on a buyout that saw the player sacrifice exactly half of his $7,377,500 player option for next season and $352,750 of this season’s salary.

The 33-year-old has appeared in 39 games for Minnesota this season, including 12 starts. Martin is averaging 10.6 points, 2.1 rebounds and 1.2 assists in 21.4 minutes of action per appearance. His career numbers through 698 games are 17.6 points, 3.2 rebounds and 1.9 assists to go with a shooting line of .438/.385/.870.

Spurs Waive Rasual Butler

The Spurs are have waived Rasual Butler in a move that accomodates their deal with Kevin Martin, as league sources told Shams Charania of The Vertical on Yahoo Sports (Twitter link), shortly before the team officially announced Butler’s waiver, via press release. San Antonio was carrying 15 players, so it had to offload someone to sign Martin. Butler has a minimum-salary contract that bears a cap hit of $947,276, but it costs San Antonio $1,420,914 in additional projected tax penalties.

That’ll stick on San Antonio’s books if he clears waivers, though an outside chance exists that the Blazers would have interest in claiming him to reach the salary floor. It would be cheaper for Portland to grab Butler than it would be for them to claim Gary Neal, who’s also reportedly hitting waivers. However, neither Neal nor Butler is eligible to take part in the postseason for any new team they might join this season, since March 1st was the last day for players to hit waivers and retain playoff-eligibility.

Butler, 36, played 9.4 minutes per game in 46 appearances for the Spurs this season despite having signed only a non-guaranteed deal in the offseason. It’s the third year in a row that Butler made a regular season roster with a team he joined on a non-guaranteed contract for the minimum salary. He scored a season-high 12 points in 26 minutes against the Suns on February 21st, though his average of 2.7 points per game ties a career low, and he shot just 30.6% from 3-point territory, well beneath his career 36.2% mark. The Spurs agonized over whether to drop Butler or Matt Bonner, as Charania writes in his full story.

Lakers Notes: Clarkson, Russell, World Peace

Jordan Clarkson said he wants to re-sign with the Lakers in restricted free agency this summer and continue to develop alongside D’Angelo Russell, confident that they can become one of the league’s best backcourts some day, as Mark Medina of the Los Angeles Daily News relays. The Lakers largely have control over Clarkson anyway, since he’s subject to the Gilbert Arenas Provision, as I detailed earlier this season, but his enthusiasm is an encouraging sign for the team, especially after Clarkson and Russell outplayed Stephen Curry and Klay Thompson in Sunday’s colossal upset of the Warriors.

“I don’t think early in the season they knew how to play with each other,” coach Byron Scott said. “They both were trying to find their way and neither one was deferring to one another. They both were just trying to figure it out. Now they’re figuring it out and having some success.”

The improved cohesion is coming as Scott has given them more time together since the All-Star break, Medina observes. See more on the Lakers:

  • The Lakers are prioritizing the development of Clarkson, Russell and the rest of their young players over any effort to retain their top-three protected first-round pick, according to Eric Pincus of the Los Angeles Times (Twitter link). They’re well-positioned to go into the second lottery slot, as our reverse standings show.
  • Metta World Peace hasn’t minded his inconsistent role this year for the Lakers and still plans to continue as an NBA player beyond the season, as Mike Bresnahan of the Los Angeles Times examines. World Peace is on a one-year contract“I still want to get in the playoffs again. I want to do a couple more years,” World Peace said. “This year I didn’t play much so I kind of saved myself. I’m going to come back next year strong.”
  • Marcelo Huertas, also on a one-year deal, has struggled in his transition to the NBA this season, but his sterling performance against the Warriors showed value that Russell thinks has existed all along, Medina relays“A lot of people try to give him a lot of crap. But that man is good,” Russell said. “They don’t see what we see in practice every day.”

Rockets Sign Andrew Goudelock

10:36am: Goudelock has signed, the team announced.

MARCH 9TH, 10:20am: The Rockets have finally received clearance from FIBA, a necessary step when players change countries, Feigen tweets. That was holding up the signing, which still hasn’t taken place.

3:28pm: The second year is a team option, tweets Feigen.

3:22pm: Goudelock’s contract is a minimum salary arrangement that covers the rest of the season and includes either a full or partial guarantee for 2016/17 that kicks in on August 1st, international journalist David Pick reports (via Twitter).

MARCH 2ND, 2:36pm: The Rockets and former Lakers shooting guard Andrew Goudelock have reached a contract agreement, reports Jonathan Feigen of the Houston Chronicle (Twitter link). Goudelock has been playing for China’s Xinjiang Flying Tigers, who just fell in the Chinese Basketball Association semifinals. The 27-year-old has been out of the NBA since 2013 but has a history with the Rockets organization, having played for their D-League affiliate for part of the 2012/13 season, when he won D-League MVP honors. Houston has a pair of open roster spots, so no corresponding move is necessary.

The Goudelock deal is reminiscent of Houston’s initial signing of Patrick Beverley, whom the team picked out of Russia in the middle of the season three years ago, though it would no doubt be a dream scenario for all involved if Goudelock develops the way Beverley has. In the meantime, Goudelock adds depth to a backcourt that the release of Marcus Thornton and the buyout deal with Ty Lawson have thinned. Goudelock averaged 22.1 points in 35.1 minutes per game with 41.6% 3-point shooting against relatively weak competition in China this season.

The details of the pact are unclear, but the Rockets have no more than about $900K to hand out to any one free agent this season, regardless of how much Lawson gave up in his buyout. Houston was about $524K shy of its hard cap before offloading Lawson.

Nets Sign Sean Kilpatrick To Second 10-Day

The Nets have signed Sean Kilpatrick to a second 10-day contract, the team announced via press release. The first expired overnight, as we noted minutes ago. The latest pact between Brooklyn and the 26-year-old shooting guard covers four games, against the Sixers (twice), Bucks and Bulls. It’ll cost $49,709.

The team could have waited to re-sign Kilpatrick until its next game, which isn’t until Friday, as many clubs do with 10-day signees, but the benefits of an immediate signing, which allows him to take part in practice and keeps him from slipping away to another team that might offer a better deal, apparently outweigh the alternative. He’s played a fairly prominent role in five Nets games so far, averaging 9.4 points in 16.6 minutes per contest, including a 19-point outburst Saturday against the Timberwolves. Perhaps most encouraging is his 3-point shooting, as he’s stuck nine of 18 attempts, carrying over the 42.6% form he displayed this season in 28 games for the Sixers D-League affiliate this season.

Brooklyn has no shortage of flexibility, with only 13 contracts that run through season’s end and newfound financial leeway beneath the tax in the wake of buyouts with Joe Johnson and Andrea Bargnani. The Nets still have an open roster spot even with Kilpatrick’s continued presence. NetsDaily hears new GM Sean Marks plans more moves soon, though it’s unclear if that applies directly to the roster in the wake of Tuesday’s hiring of assistant GM Trajan Langdon. In any case, the Nets and Kilpatrick will have to either commit to each other through season’s end or part ways at the end of their latest 10-day deal.

Atlantic Notes: Clarke, Kilpatrick, Marks, ‘Melo

Celtics 10-day signee Coty Clarke sought a meeting with D-League coach Scott Morrison earlier this season while he was playing a reserve role for the Boston affiliate, and after the two spoke about Clarke’s role and what the team needed from him, Morrison put him in the starting lineup and Clarke helped the team thrive, as Chris Reichert of Upside & Motor chronicles. The Maine Red Claws went 11-2 before the Celtics called up the combo forward on his 10-day deal this week, a signing that Chris Forsberg of ESPNBoston.com examines.

“First and foremost, as I told our team [Monday], he was by no means given a 10-day. He was rewarded [for] his great play [in Maine],” Celtics coach Brad Stevens said, according to Forsberg. “He really has played great. Our front office has been thrilled about him and thrilled about his play in Maine the whole year. We obviously have a familiarity with him from being here in the fall and so we thought it was a great opportunity to bring a guy on board while we have some practice time to really get a chance to evaluate him within our system, with our team, as the season has progressed.”

See more from the Atlantic Division:

  • More Nets moves are to come soon as new GM Sean Marks operates quickly on multiple fronts, NetsDaily hears in the wake of the team’s hiring of Trajan Langdon as assistant GM Tuesday (Twitter link). Brooklyn has a decision to make regarding Sean Kilpatrick, whose 10-day contract expired overnight.
  • Marks has superb people skills, Hawks coach/executive Mike Budenholzer observed, and Chris Paul called him one of the best teammates he’s ever had as both displayed confidence in the new Nets GM, The Record’s Andy Vasquez details. “I’ve never been a GM or anything like that,” Paul said. “But I know his work ethic and what makes him who he is. … I’m biased. Sean’s a friend of mine. I’m rooting for him. I want to see him succeed and, like I said, with his drive and work ethic, I’m sure he won’t sleep until he turns it around.”
  • Interim Knicks coach Kurt Rambis has been clearer in communicating what he wants the Knicks to do on offense, while former coach Derek Fisher placed more of an emphasis on player development, as Carmelo Anthony observed this week, according to Marc Berman of the New York Post (Twitter link).

Hoops Rumors Community Shootaround 3/8/16

Mavericks small forward Chandler Parsons is reportedly set to turn down his $16.023MM player option for next season with the salary cap moving sharply upward, and he’s expected to receive a maximum-salary contract in free agency this summer if he does so. Dallas remains the favorite to sign Parsons, but the versatile swingman is expected to entertain an aggressive pitch from the Magic, as well as receive interest from the Heat, Lakers, Nets, Knicks, Trail Blazers, Nuggets and Thunder, according to Tim MacMahon of ESPNDallas.com.

The Rockets, Parsons’ former team, are also potential suitors this offseason, and the forward didn’t rule out a potential return to Houston in a recent appearance on the “Channel 33” podcast. “Houston was home for me for three years,” Parsons said. “I definitely would never count that option out. I have great memories there. They have a great crowd, a great city to live in … I have nothing but respect and love for them. I would never count that out.” Losing Parsons would sting the Mavs, especially give the organization’s difficulties in landing top-tier free agents over the past few seasons, but losing him to an in-state rival would be akin to throwing salt in an open wound.

Parsons is in his fifth season, so he’ll be eligible for the lowest of the three maximum salary tiers, with a starting salary likely approaching $21MM. Dallas will have his Early Bird rights this summer, which means that the Mavs can only offer four years instead of the five that they could with full Bird rights. The team will still have the ability to give Parsons 7.5% raises instead of the 4.5% that the Magic and others will be limited to, which would mean a difference of approximately $4MM over the life of a four-year deal.

This brings me to the topic for today: Where will Chandler Parsons be playing next season?

Will he re-sign with the Mavericks, for whom he has become a big part of the team’s culture and has also taken on the role of free agent recruiter? If you don’t think he’ll re-sign with Dallas, which team would be the best fit for Parsons’ skills, and why? Take to the comments section to share your thoughts and opinions. We look forward to what you have to say.

And-Ones: Anderson, Carter, Matthews

Ryan Anderson is strongly considering a change of scenery this summer when he becomes an unrestricted free agent, which makes the Pelicans‘ decision not to trade him prior to this season’s deadline puzzling, Alex Kennedy of Basketball Insiders writes. Sources tell Kennedy that Anderson seems to be leaning toward signing with a team other than New Orleans. Teams expressing interest in Anderson leading up to the deadline included the Wizards, Pistons, Cavaliers, Clippers, Kings and Suns, Kennedy notes. It’s unclear just how many of those teams will pursue Anderson this summer, with Washington acquiring Markieff Morris, Detroit landing Tobias Harris, Channing Frye ending up in Cleveland and Jeff Green now a member of the Clippers as a result of various deadline trades.

The 27-year-old says he hasn’t discussed his pending free agency with the team yet, Kennedy notes. ”No conversations at all about it,” Anderson told reporters. ”Obviously I think they are in the same boat, so many things can happen they may have multiple pieces they are thinking about. A lot of stuff that I don’t know about obviously that they talk about behind closed doors. So I haven’t communicated at all with them.

Here’s more from around the league:

  • Mavericks swingman Wesley Matthews scoffs at the notion that the Dallas roster is devoid of talent and places the blame for the team’s struggles this season on porous defense, Tim MacMahon of ESPNDallas.com relays (ESPN Now link). “A talent problem? No, we don’t have a talent problem,” Matthews told MacMahon. “If we don’t have a talent problem, then what’s the problem? We’re giving up too many points in transition. I just said it. I mean, you guys can pick apart our team all you want. We’ve got talent on this team. So y’all can miss me with that.
  • Kentucky freshman center Skal Labissiere has played his way back into the lottery in the latest mock draft from Jonathan Givony of Draft Express. The young big man is currently projected to go 10th after plummeting toward the bottom of the first round in Givony’s previous projection. Labissiere is averaging 6.8 points and 3.2 rebounds on the season, and while he’s picked up his play as of late, scouts remain skeptical and want to see how well he performs in postseason tournaments before making their final judgments, Adam Zagoria of SNY.tv relays.
  • One reason for the Trail Blazers‘ surprise success this season is that the players have fully embraced coach Terry Stotts and his combination of compassion, toughness and basketball IQ, Jason Quick of CSNNW.com writes.
  • Small forward Sampson Carter, who was with the Grizzlies during the preseason, has signed with the Mexican club Caballeros de Culiacan, the team announced (translation via Orazio Cauchi of Sportando).

Jared Cunningham To Join Jazz D-League Team

Jared Cunningham has rejoined the the Idaho Stampede in the NBA D-League as a returning player, Chris Reichert of Upside & Motor reports (Twitter link). Idaho is Utah’s affiliate, but Cunningham will still have the ability to sign with any NBA team that expresses interest in his services.

The Magic waived the 24-year-old after taking him in via the swap that sent Channing Frye to the Cavaliers at the trade deadline. Cunningham is still in line to make his full $981,348 salary, with Orlando on the hook for $947,276 of it and the league picking up the rest. While that is certainly not a king’s ransom by today’s NBA standards, it will certainly allow the player the ability to wait out his next NBA opportunity without having to jump at the first offer he were to receive.

Cunningham appeared in 40 games for the Cavaliers, including three starts, prior to the deal that sent him to Orlando. His numbers on the season are 2.6 points, 0.7 rebounds and 0.5 assists in 8.9 minutes per contest. His slash line is .352/.313/.625.