Southeast Notes: Beal, Jennings, Johnson
Wizards shooting guard Bradley Beal says he has no issues coming off the bench for the team and understands it is a way for coach Randy Wittman to manage his minutes and not a demotion, Spencer Davies of AmicoHoops.net relays. “I mean it’s not like it’s a punishment,” Beal said. “I think guys are taking it as the wrong way as [Wittman] benching me or something like that. It’s just his way of following my minute restriction. It’s the safest way, smartest way for me to be in down the stretch. I don’t look at it as anything other than that.” A minutes restriction was imposed on the pending restricted free agent after doctors discovered what was termed “the beginnings of a stress reaction in his lower right fibula” in December.
Here’s the latest from the Southeast Division:
- The Heat never asked small forward Joe Johnson to wait until March 8th to sign with the team, as he told Barry Jackson of The Miami Herald. Waiting until that date, or March 6th at the earliest, would have allowed Miami not to have to rely on Beno Udrih agreeing to a buyout in order to add Johnson in a tax-free scenario, Jackson notes. Miami wanted Johnson available immediately, and Udrih’s agreement to relinquish $90K of his $2,170,465 salary allowed Johnson to be available for five additional contests, the Herald scribe notes.
- Brandon Jennings has struggled to find his game since the Magic acquired him, and coach Scott Skiles concedes it will take time, Josh Robbins of The Orlando Sentinel writes. “I think he’s still adjusting a little bit to the guys,” Skiles said. “It’s difficult to be traded midseason, anyway. But it’s more difficult if you’re a point guard, I think — [that’s] just my personal opinion — because you’re asked to come in and run a team that you don’t even know. You’re not even familiar with the players that much. We’ll keep putting him out there and try to get him minutes and try to get him to feel a little bit more comfortable.“
- The Hawks have recalled center Edy Tavares from the Suns D-League affiliate, where he had been sent as part of the flexible assignment rule, Chris Vivlamore of The Atlanta Journal-Constitution relays. Swingman Lamar Patterson remains on assignment to the Canton Charge, the Cavs affiliate, Vivlamore notes.
Central Notes: Middleton, Lue, Carter-Williams
The Bucks turned down a proposed trade deadline swap with the Timberwolves that would have sent Khris Middleton to Minnesota and brought point guard Ricky Rubio to Milwaukee, a deal the team was wise to nix, Zach Lowe of ESPN.com opines. The scribe cites Middleton’s versatility, solid production and reasonable contract as reason why the Bucks were smart to hold onto the swingman. The Wolves even offered to sweeten the deal with the inclusion of a protected 2016 first-round pick, but the Bucks, who never seriously entertained trading Middleton, declined that offer as well, Lowe notes. The Bucks did submit a counterproposal to the Wolves, offering Michael Carter-Williams in exchange for Rubio, a swap that Minnesota quickly shot down, Lowe adds.
Here’s more from the Central Division:
- The Cavaliers have gone 12-6 thus far under Tyronn Lue and despite a few bumps along the way, LeBron James is pleased with the job the new coach has done since replacing the fired David Blatt, Chris Fedor of Cleveland.com writes. “I think he’s done a great job,” James said of Lue. “He’s even-keel as well. He just wants us to get better every single day and not waste an opportunity. Continue to focus on what needs to be done, the job at hand, and if we do that we’re going to give ourselves a great chance to win. He gets on us when we’re not doing our job and when we’re not doing it to the capabilities that we’re capable of doing it at, so that’s when he’s on us. And he stays on us.”
- Pistons coach/executive Stan Van Gundy openly expressed his appreciation of the Spurs and how that franchise is able to maintain a championship-caliber roster while not running afoul of the salary cap, David Mayo of MLive.com relays. “There’s no question when you don’t have to pay guys market value it’s pretty easy to build depth,” Van Gundy said. “The salary cap is hard on most of us trying to build depth. But with them, when they’ve got Tim Duncan playing below market value, Tony Parker playing below market value, Manu Ginobili playing below market value, David West playing below market value, when those guys all give up money, well, then it’s easy to add other people and allow you to go out and do what you need to do to build depth. They’ve done a great job of that.“
2015/16 Salary Cap Update: Detroit Pistons
The NBA’s salary cap for 2015/16 is set at $70MM, which is good for an 11% increase from last season, and the luxury tax line is fixed at $84.74MM. With the February 18th cutoff date for trades and the de facto deadline of March 1st for buyouts now past, we at Hoops Rumors are in the process of updating the salary cap commitments for each NBA franchise for the 2015/16 campaign. Here’s the cap breakdown for the Detroit Pistons, whose regular season roster can be viewed here:
- 2015/16 Salary Cap= $70,000,000
- 2015/16 Luxury Tax Line= $84,740,000
- Fully Guaranteed Salary Commitments= $76,460,006*
- Remaining Cap Room= –$6,460,006
- Amount Below Luxury Tax Line= $8,279,994
*Note: This amount includes the $5,400,000 owed to Josh Smith, and the $452,049 owed to Aaron Gray, both of whom were waived using the stretch provision. This amount also includes the $2,170,465 due Danny Granger, the $1,270,964 owed to Cartier Martin and the $60,000 due Adonis Thomas, all of whom were waived.
Cap Exceptions Available:
- Room Exception: $2,814,000
Cash Available to Send Out In Trades= $3,400,000
Cash Available to Receive Via Trade= $3,400,000
Note: Despite the trade deadline having passed, the NBA season technically doesn’t end until June 30th. Teams are able to again make trades upon the completion of the regular season or when/if they are eliminated from the playoffs, whichever comes later. So these cash limits still apply.
The Basketball Insiders salary pages were used in the creation of this post.
Atlantic Notes: Anthony, D-League, Davis
Knicks small forward Carmelo Anthony admitted that the playoff success of LeBron James, Chris Paul and Dwyane Wade, all of whom he calls friends, has him questioning what he needs to do to break out of the what he termed “the worst three-year stretch” of his career, Frank Isola of The New York Daily News writes. When asked if he was envious of the trio, Anthony responded, “I don’t think envy is kind of the right word,” Anthony said. “I do look at my peers and say, ‘Damn, what am I doing wrong? I should be there.’ There was one point in time where they were looking at me like that. Made [the playoffs] 10, 11 years straight. Right now it’s kind of a rough patch for me. I’m trying to figure out a way to get out of it.”
Anthony also noted that his failure to attend a mandatory team charity event on Wednesday was because of a personal commitment and not to express his displeasure over the team issuing an apology on his behalf to a fan he had a verbal run-in with, Isola adds. “I was with family,” Anthony said. “I had something to do with the family.” The veteran scorer also relayed that he and team president Phil Jackson haven’t discussed the matter, the scribe notes. “It wasn’t that big of a deal to the people that really knew what was going on,” Anthony continued. “I just accept it. I came to grips with that a long time ago, that that’s going to be the way it is.”
Here’s more from the Atlantic Division:
- Veteran point guard Baron Davis doesn’t want to be remembered for being carried off the court injured during his last appearance and looks at the D-League as a chance to work his way back into the NBA, Jessica Camerato of CSNPhilly.com writes. Davis, who recently joined the Sixers‘ affiliate in Delaware, told the CSN scribe, “I wanted to start from the bottom. I think for me, it’s humbling, it’s something special. I can be around young guys, see what they think, see what it feels like. For me, it’s just working my way up. I want to start from the bottom and go as far as I can.” When asked if he would be willing to join the Sixers despite their struggles, Davis candidly responded, “I’ll play for anybody. I’m here in the D-League. I’ll play for anybody, to be honest.”
- The Raptors have recalled Bruno Caboclo, Lucas Nogueira and Norman Powell from their D-League affiliate, the team announced. This was the 12th trip on the season to the Raptors 905 for Caboclo, the sixth for Powell and the fourth for Nogueira.
Sixers Sign Christian Wood To 10-Day Deal
3:41pm: The signing is official, the team announced via press release.
1:18pm: The Sixers will re-sign first-year pro Christian Wood, whom they waived earlier this season to make room for Elton Brand, reports Shams Charania of The Vertical on Yahoo Sports (Twitter link). It’ll be a 10-day contract, a source tells Jake Fischer of SI Now (Twitter link). Philadelphia has kept an open roster spot in the wake of losing JaKarr Sampson because of a failed three-team trade at the deadline, so no corresponding move is necessary. Wood has been playing with Philly’s D-League affiliate since shortly after the Sixers cut him from the NBA roster in January.
The 20-year-old power forward was a well-regarded prospect coming out of UNLV last spring whose failure to get drafted was a mild surprise. He said this past November that he didn’t think he’d fall past pick No. 25 but pointed to concerns teams had about his level of motivation as a major reason his stock slipped. He reportedly agreed to sign with the Rockets shortly after the draft, but evidently that deal fell through, and he wound up joining the Sixers instead on a four-year contract with just $50K guaranteed. He’ll make $30,888 on his new 10-day with Philly.
Wood has put up 15.8 points and 8.8 rebounds in 26.8 minutes per game across 26 D-League appearances this season, starting in just 17 of those games. He nonetheless saw a decent-sized chunk of playing time in 14 games at the NBA level before his release, averaging 3.6 points and 2.3 rebounds in 8.1 minutes contest.
Financial Impact Of Deadline, Buyouts: Northwest
The effects of the trade deadline and buyout season are still being felt around the NBA as teams negotiate with new free agents and fill open roster spots. Hoops Rumors will be taking a team-by-team look at the financial ramifications of all the movement. We began earlier with looks at the Southwest, Pacific and Central divisions, and we’ll continue with the Central Division:
Jazz
Utah’s parade of 10-day contracts appears to be over thanks to the deadline trade that filled the team’s open roster spot and netted the Jazz’s starting point guard for the past five games. The team used its cap space to add Shelvin Mack as part of a three-team swap that only cost the Jazz a second-round pick. The deal also brought the team above the $63MM salary floor, thanks to Mack’s $2,433,333 pay. The Jazz overshot the minimum team salary, adding $1,817,873 more than they had to, but the move entailed no long-term sacrifice, as Mack’s contract is non-guaranteed for next season, and it appears, given Mack’s prominent role in Utah, that the trade has been worth the extra expenditure so far.
Nuggets
Denver has been opening its checkbook in an apparent effort to address injury concerns, though the team’s trade deadline swap also reaped a pair of second-round picks. That move involved the absorption of Steve Novak‘s $3,750,001 salary and D.J. Augustin‘s $3MM pay in exchange only for the $3.135MM that Randy Foye makes. The buyout with Novak saved $396,242, and the Thunder gave the Nuggets $1.16MM in cash, according to Bobby Marks of The Vertical on Yahoo Sports, but the trade still cost Denver $2,058,759, a relatively heavy price considering the team’s faint playoff hopes. Augustin went into the role of backup point guard amid concern that Jameer Nelson would miss the rest of the season, and Nelson still hasn’t played, so the deal has come in handy in that regard.
The Nuggets used their disabled player exception for Wilson Chandler‘s season-ending injury to accommodate the uneven exchange of salaries, applying it to Novak and his larger salary so that they could create a $135K trade exception for the difference between the salaries for Foye and Augustin, though the trade exception is so tiny that it’s virtually useless. Similarly, Axel Toupane‘s $30,888 10-day contract is but a pin prick of an expenditure in the wake of another injury, one that threatens to end the season for Danilo Gallinari. The Nuggets spent more when they gave JaKarr Sampson a prorated minimum-salary contract worth $258,489 for the rest of the season. That deal also includes a non-guaranteed minimum salary for next season. Denver neither gave up nor acquired any salary that’s guaranteed beyond the end of this season, so none of Denver’s deadline or buyout season moves necessarily have bearing on the team’s ledger for next year.
Thunder
Oklahoma City took advantage of a rare opportunity to save money and exchange two players who were out of the rotation for one who’s in it. The same $3,218,759 that represents Denver’s cost of its trade with the Thunder is the amount of Oklahoma City’s savings in raw salary, though it’s actually a windfall of significantly more for taxpaying OKC. The Thunder’s tax bill dropped a projected $7,148,705 because of the trade, and they also scored a trade exception for Novak’s $3,750,001 salary. The swap also created an open roster spot, and GM Sam Presti hinted at a willingness to use it on a signing, but so far, that hasn’t happened.
Timberwolves
It seemed for months as though the Wolves and Kevin Martin were headed for a parting of ways, though they stuck together just about as long as they possibly could. Minnesota didn’t trade Martin at last month’s deadline and the sides didn’t reach a buyout deal until the night of March 1st, the final hours before the point at which Martin would lose eligibility to appear in the postseason with another team. The financial sacrifice involved for Martin explains why. He resisted making any promise to turn down his $7,377,500 player option for next season before the deadline, reportedly dissuading would-be trade partners, but he agreed to sacrifice exactly half of the option and $352,750 of this season’s salary as part of his buyout, according to Eric Pincus of Basketball Insiders. Thus, Martin gave up a total of $4,041,500, more than anyone else in the period since the trade deadline. The Wolves are left with $3,688,750 for Martin next season, and they have a few days’ grace to decide whether to use the stretch provision to spread that evenly over the next three years or pay it all at once in 2016/17. Early indications are that Minnesota won’t stretch the salary, tweets Jon Krawczynski of The Associated Press. The Wolves also took $256,333 off their obligation to Andre Miller in his buyout, dropping their payroll to less than $1MM over the salary cap. They rolled some of that savings into a 10-day contract for Greg Smith that costs $55,722.
Trail Blazers
The Blazers predictably used their ample cap space as a depository for salary that other teams wanted to move off, taking on Anderson Varejao and Brian Roberts in a pair of trades. Look for the moves to continue, since the team is still $513,142 shy of the salary floor. The addition of Varejao in a deal that otherwise involved only draft picks added $10,256,800 to this season’s ledger, though the Cavs will pay a majority of that, including the exercised trade kicker included in that figure. Portland made use of the stretch provision to spread his salary for next season, which was almost entirely guaranteed, over the next five years at equal payments of $1,984,005, though the Cavs paid a portion of those amounts, too, because of the trade kicker. The acquisition of Roberts is much simpler since he’s on an expiring contract, but again, the Blazers don’t have to shell out for the majority of his $2,854,940 salary because he already received most of his paychecks from the Heat. Portland gave up $75K in cash to Miami as part of the Roberts deal, but the team would have had to pay that money anyway to reach the salary floor.
The Basketball Insiders salary pages were used in the creation of this post.
Western Notes: Durant, Grizzlies, Spurs, Rockets
The Thunder absorbed a pair of discouraging losses to the Clippers and Warriors this week, but while their chances of title contention don’t look as strong as they did a few days ago, Kevin Durant is OK with that, as Royce Young of ESPN.com chronicles (on Twitter). Durant’s comments are particularly resonant against the backdrop of his free agency this summer, observes Tim MacMahon of ESPNDallas.com (Twitter link), especially in light of the report that the former MVP regards the Warriors as his top choice outside the Thunder.
“This is an exciting time for me,” Durant said. “I’m happy that we’re going through this because like I said it’s easy to be … we don’t want to be front-runners. That’s not who we are. That’s not who I am. And I’m not going to let the team be that way. When you’re losing, that’s when you really got to show your character and show who you are. We’re going to keep our heads up, all our guys are going to stay positive and keep working and learn from it.”
No team is as much of a front-runner as Golden State is, of course. See more from the Western Conference:
- Injuries have forced the Grizzlies to place a greater emphasis on younger players, from trade acquisitions Lance Stephenson and P.J. Hairston to incumbent reserves like JaMychal Green and Jarell Martin, as The Commercial Appeal’s Ronald Tillery examines.
- Suns interim coach Earl Watson was a major influence on San Antonio’s decision to sign Jonathon Simmons, stemming from his time as Simmons’ coach on the Spurs D-League affiliate last season, notes Jeff McDonald of the San Antonio Express-News amid a larger look at the unlikely path the shooting guard took to the NBA.
- The Rockets assigned Montrezl Harrell and K.J. McDaniels to the D-League, the team announced (Twitter link). They join Sam Dekker, who’s already on assignment from Houston.
Atlantic Notes: ‘Melo, Bargnani, Marks, Colangelo
A market for Carmelo Anthony would exist if the Knicks decide to trade him and he’s willing to waive his no-trade clause, but the Knicks shouldn’t expect to end up with a return that resembles what they gave up to trade for him five years ago, multiple NBA team executives tell Fred Kerber of the New York Post. An exec from an Eastern Conference team suggested New York could get an established player and a pick for ‘Melo, though he raised questions about his health, trade kicker and relative appeal compared to other stars, Kerber relays. That same exec also told Kerber that he doubts Anthony would waive his no-trade clause to go to relatively unappealing teams that the Knicks might view as desirable trade partners. Two of the executives with whom Kerber spoke said the Knicks shouldn’t have re-signed him in 2014 and instead would have been wise to have done a sign-and-trade at the time. See more from the Atlantic Division:
- Andrea Bargnani continues to draw offers from overseas, and Olimpia Milano team president Livio Proli claims that he wants to play in Europe, as Proli said to the Italian outlet Tuttosport, according to Eurohoops.net. The Italian team wants Bargnani for next season, while Turkey’s Galatasaray has made him an offer for the rest of this season, coach Ergin Ataman said, as Eurohoops.net also relays. The former No. 1 pick bought his way off the Nets last month.
- New Nets GM Sean Marks took an unconventional path to his job, but he’s leaning on what he learned from familiar front office stalwarts Pat Riley and Spurs bosses Gregg Popovich and R.C. Buford, as Brian Lewis of the New York Post details.
- Bryan Colangelo confirmed to Dave McCarthy of Vice Sports Canada that he was a finalist for the Nets GM vacancy that went to Marks and talked about Bargnani and other players from his tenure as Raptors GM. Colangelo’s name has been linked in speculation to Sixers, where father and chairman of basketball operations Jerry Colangelo is considering a front office addition.
Rockets Sign Michael Beasley
FRIDAY, 10:39am: The signing is official, the team announced.
9:00pm: The contract will be a minimum salary arrangement, Stein relays in a full-length story.
WEDNESDAY, 4:28pm: The Rockets are close to signing free agent combo forward Michael Beasley, Marc Stein of ESPN.com reports (Twitter links). The deal would cover the remainder of the season and include a team option for 2016/17, Stein notes. The contract details are still unknown, though I would speculate that is likely a minimum salary arrangement. Houston, which recently waived both Marcus Thornton and Ty Lawson, still has one open roster spot. The team is also reportedly set to ink Andrew Goudelock.
Multiple NBA teams had reportedly expressed interest in Beasley, who became a free agent at the completion of the Chinese Basketball Association season. The combo forward averaged 31.9 points in 36.5 minutes per game with 37.1% 3-point shooting against relatively weak competition this season playing for Shandong.
Beasley has appeared in 433 regular season NBA games over the course of his career and owns averages of 13.0 points, 4.8 rebounds and 1.3 assists. His career slash line is .450/.343/.759.
And-Ones: Timberwolves, Gasol, Kings
Talks between Timberwolves owner Glen Taylor and Grizzlies part-owner Steve Kaplan about a would-be deal for 30% of the Minnesota franchise have “hit a wall,” sources told Jon Krawczynski of The Associated Press. The proposed arrangement, which would reportedly involve Taylor eventually ceding control of the Wolves to Kaplan, isn’t dead, Krawczynski hears, but a source who spoke with Jerry Zgoda of the Star Tribune suggested no deal may ever come to pass. Kaplan has encountered trouble in his effort to sell his Grizzlies stake, a requirement before he buys into the Wolves, Krawczynski’s sources say. Regardless of what happens on that front, Taylor and Kaplan still must sort through issues about how much say Kaplan would have in hiring for the team’s GM and coaching positions and whether Taylor would indeed eventually give up control, Zgoda writes. For now, Taylor is preparing to make decisions about interim GM Milt Newton and interim coach Sam Mitchell on his own and is actively investigating his options, according to Zgoda. See more on the Wolves amid a look around the NBA:
- The Timberwolves are seeking an athletic wing player for their open roster spot, with Mitchell saying he wants someone with NBA experience who’d have a legitimate chance of making the opening night roster next season, Zgoda reports in the same piece. “We have to improve our athleticism,” Mitchell said. “I don’t think we’re a bad athletic team, but we’re not as athletic as we need to be. We need to look at guys who can defend, a guy who can shoot, and see how this team can look if we can spread the floor a little bit more.”
- The Bulls will have to continue to try to build a contender if they want to re-sign Pau Gasol, as he indicated to Marca.com (translation via HoopsHype), reiterating that he’ll opt out and that, all things being equal, he’d prefer to stay with Chicago. Money won’t be his first priority, Gasol also said, adding that the offer from the Bulls should nonetheless reflect that they value his performance.
- The Kings interviewed former Nets assistant GM Bobby Marks on Thursday for a job within their front office, as USA Today’s Sam Amick hears (Twitter link). Marks currently works as a writer for The Vertical on Yahoo Sports.