Rockets To Waive Andrew Goudelock

The Rockets are parting ways with point guard Andrew Goudelock, international journalist David Pick reports (via Twitter). Houston won’t be on the hook for any salary as a result of the move and Goudelock will become an unrestricted free agent, provided he clears waivers. Combo forward Michael Beasley was also reportedly on the bubble with the team, but waiving Goudelock likely means that Houston intends to keep him.

Houston is cutting ties with Goudelock well in advance of August 1st, which is when his salary of $1,015,696 for 2016/17 would become fully guaranteed. The team normally doesn’t make decisions this far in advance of deadlines, but the organization wanted to give the guard as much time to find a new team as possible, Jonathan Feigen of The Houston Chronicle relays (Twitter links).

Goudelock appeared in just eight games after signing with the Rockets in March when he completed his season in China. He averaged 2.8 points and 0.5 assists in 6.3 minutes per outing, shooting .450/.111/.750 from the field.

Bucks Acquire Dellavedova From Cavs

JULY 7, 3:53pm: The Cavs and the Bucks have agreed to a sign-and-trade deal that sends Dellavedova to Milwaukee in exchange for cash and the rights to Albert Miralles, Chris Haynes of The Northeast Ohio Media Group reports. Cleveland will also create a trade exception worth $4.8MM as a result of the swap, Haynes adds. The Cavs have announced the deal is official via press release.

JULY 4, 1:13pm: The Cavaliers won’t match the Bucks’ offer sheet for Dellavedova, league sources tell Chris Haynes of Cleveland.com.

JULY 1, 3:40pm: LeBron James has tweeted congratulations to Dellavedova, wishing him good luck in Milwaukee, which makes it sounds as if the Cavs won’t match Milwaukee’s offer sheet.

3:04pm: An agreement between the Bucks and Dellavedova is now in place, tweets Jeff Goodman of ESPN.com. Meanwhile, Brian Windhorst of ESPN (Twitter link) says Milwaukee and Cleveland have had some sign-and-trade discussions, but there’s no traction there at this point. The Bucks aren’t expecting the Cavs to match an offer sheet.Matthew Dellavedova vertical

2:59pm: The Bucks are nearing an agreement with Matthew Dellavedova on a four-year, $38MM deal, reports ESPN’s Zach Lowe (via Twitter). David Aldridge of NBA.com confirms (via Twitter) that the two sides are close to a deal, pegging the exact value at $38.4MM.

Dellavedova is currently a restricted free agent, having received a qualifying offer from the Cavaliers. Assuming the Cavs don’t take that qualifying offer off the table, Milwaukee would have to sign the guard to an offer sheet, and hope Cleveland doesn’t match. If the Cavs were to rescind the QO, the Bucks could sign Dellavedova outright as an unrestricted free agent.

The Kings, Hawks, and Mavericks were among the other teams that reached out to Dellavedova’s camp to express interest after free agency got underway last night. According to Jason Jones of The Sacramento Bee (Twitter link), Sacramento viewed Dellavedova as a sign-and-trade possibility, so perhaps the Bucks and Cavs will discuss that option as well. If it’s an offer sheet, Cleveland will have three days to match once it’s formally signed.

Dellavedova, 25, was a part-time player for the Cavs during the last three seasons, averaging 7.5 PPG and 4.4 APG while shooting 41.0% from three-point range in 2015/16. He also played some key minutes in the postseason for Cleveland the last two years, though his minutes were reduced in this year’s playoffs.

Photo courtesy of USA Today Sports Images.

Wizards Acquire Trey Burke

JULY 7TH: The trade is now official, the Jazz announced.

JULY 3RD: The Jazz are close to completing a trade that will send point guard Trey Burke to the Wizards, tweets Adrian Wojnarowski of The Vertical. Utah will reportedly receive a second-round pick in return (Twitter link). The pick is for 2021, tweets TNT’s David Aldridge.

Burke has been on the trading block since the Jazz made a deal to acquire George Hill from the Pacers. Burke has spent his entire three-year career with Utah after being acquired from the Timberwolves in a 2013 draft-day deal. He averaged 10.6 points and 2.3 rebounds per game this season in a reserve role, but there were rumblings that Jazz management had soured on Burke after he failed to win the starting job when Dante Exum was lost for the season with an injury.

Burke’s acquisition may mean the Wizards are not planning to re-sign point guards Ramon Sessions and Garrett Temple. Both are 30-year-old free agents.

Eastern Rumors: Hawks, Millsap, Wade, Jennings

In an interesting piece on the Hawks, Zach Lowe of ESPN.com explains that Atlanta’s original offseason plan was to re-sign Al Horford to pair him with Dwight Howard, and to move Paul Millsap in exchange for young players and/or draft assets. That plan ultimately fell apart, but before it did, the Hawks spoke to the Nuggets, Suns, Raptors, and Rockets about a Millsap deal, according to Lowe, who adds that Denver had been ready to move a “players-and-picks package” led by Kenneth Faried.

Before the Hawks could move Millsap though, the team needed to be sure it could re-sign Horford, and when the longtime Hawk chose the Celtics instead, Atlanta decided to hang onto Millsap. Per Lowe, there was some debate about how much the Hawks offered and how much Horford demanded, but the gap between the two sides may have only been about $5MM in total.

Here’s more from around the Eastern Conference:

  • Hornets general manager Rich Cho confirmed that his team, which officially acquired Marco Belinelli in a trade today, tried to sign the Italian sharpshooter in free agency a year ago (Twitter link via Rick Bonnell of The Charlotte Observer).
  • During Dwyane Wade‘s free agency saga, Heat president Pat Riley never called Wade directly, per Ethan Skolnick of The Miami Herald (Twitter link). As Ira Winderman of The South Florida Sun Sentinel notes (via Twitter), Riley and Wade had a meeting after last season ended, but it was owner Micky Arison who was in touch with the former Finals MVP during this past week’s negotiations.
  • According to Marc Berman of The New York Post, Brandon Jennings was seeking a one-year contract from the Knicks in the hopes of proving himself and boosting his stock for 2017’s free agent period. New York, which wanted to maintain cap room for ’17, was happy to oblige.
  • Alex Kennedy of Basketball Insiders spoke to Courtney Lee about the veteran shooting guard’s decision to sign with the Knicks, and being recruited by Joakim Noah.

Kevin Durant Signs With Warriors

JULY 7TH: The signing is official, the team announced.

JULY 4TH: After nine years with the franchise, Kevin Durant has decided to leave the Thunder and will join the Warriors. Durant formally announced his decision on Monday morning in a post on The Players’ Tribune. Per ESPN’s Marc Stein (via Twitter), the deal will be a two-year pact worth about $54.3MM, with a player option for that second year.Kevin Durant vertical

“The primary mandate I had for myself in making this decision was to have it based on the potential for my growth as a player — as that has always steered me in the right direction,” Durant wrote. “But I am also at a point in my life where it is of equal importance to find an opportunity that encourages my evolution as a man: moving out of my comfort zone to a new city and community which offers the greatest potential for my contribution and personal growth. With this in mind, I have decided that I am going to join the Golden State Warriors.

“It really pains me to know that I will disappoint so many people with this choice, but I believe I am doing what I feel is the right thing at this point in my life and my playing career,” Durant added.

Although the team wasn’t formally allowed to speak to him until this past Friday, the Warriors’ pursuit of Durant has been ongoing for months, with Golden State players remaining in contact with him, as Adrian Wojnarowski of The Vertical tweets.

Wojnarowski adds that the Warriors sold Durant on the opportunity to win multiple titles together, and to ease Stephen Curry‘s workload. Durant will join a stacked Golden State roster that will feature not just Curry, but Klay Thompson and Draymond Green as well, creating an incredibly imposing “big four” — all four players earned spots on one of the 2016 All-NBA teams earlier this year.

[RELATED: Updated Warriors’ depth chart at RosterResource.com]

With Durant on the way, the Warriors will need to clear the cap space necessary to sign him to his new contract. The most logical roster move for Golden State looks like a trade of center Andrew Bogut, who is set to earn $12,681,081 in 2016/17. According to Sam Amick of USA Today (via Twitter), at least three teams have expressed interest in acquiring Bogut.

Meanwhile, restricted free agent Harrison Barnes will also be headed elsewhere as a result of the Durant acquisition. The Mavericks are expected to offer Barnes a max deal when the July moratorium ends on Thursday, so Dallas could very well be his next destination. The Warriors may rescind Barnes’ cap hold, allowing him to sign with the Mavs as an unrestricted free agent — per Marc J. Spears of The Undefeated (Twitter link), the team is doing just that with Festus Ezeli‘s QO, which will make him a UFA.

Once the Dubs officially get Durant under contract, the team will likely just have the room exception – worth about $3MM – and the minimum-salary exception to fill out its roster. Given the free-agent prices we’ve seen so far this week, that money may not go far, but it’s also entirely possible that veterans seeking a title will want to join the Warriors’ stacked squad and will be willing to take a pay cut to do so.

As for the teams that failed to land Durant, the Thunder are obviously the most interesting case. With Russell Westbrook a year from free agency himself, Oklahoma City may have to seriously consider the possibility of exploring the trade market for Westbrook, rather than risking having him leave for nothing. However, now that they won’t be paying Durant $26MM+ in 2016/17, the Thunder have a little flexibility to try to go out and fortify the roster with another free agent addition, so GM Sam Presti will have some difficult decisions to make.

The Heat, meanwhile, now have the opportunity to mend fences with Dwyane Wade since the team won’t need a huge chunk of cap space for Durant. The Spurs will likely move on to other free agent pursuits — they’re currently considered a frontrunner for Pau Gasol. The Celtics were at least able to add a top-five free agent over the weekend by reaching an agreement with Al Horford, so they’ve improved their roster this week and still have cap room and assets to make additional moves. As for the Clippers, they were informed earlier in the process that they were out of the running for Durant, and have already begun reaching deals with their own free agents, including Jamal Crawford and Austin Rivers.

With Durant eligible for an increased maximum salary a year from now, and Curry’s contract also set to expire next summer, the Warriors are on track to finalize a pair of massive contracts in 2017, assuming Durant does indeed sign a long-term deal with the team at that point.

Because Golden State will only have Durant’s Non-Bird rights in 2017, the club will have to make sure it has enough cap room to fit the former MVP’s new max salary (approximately $35MM) next summer, unless he’s willing to take a much more modest raise. For now, keeping that cap room available doesn’t look like it should be a problem for the Warriors, who only have two guaranteed salaries – Thompson’s and Green’s – on the books for 2017/18

With Durant’s decision now official, the rumor mill for the free agent market figures to come back to life — there had been little free-agent news this morning, as the league waited for the star forward to announce his destination.

Photo courtesy of USA Today Sports Images.

Magic Sign Second-Rounder Stephen Zimmerman

The Magic formally announced four free agent signings today, and didn’t stop there, moving on to locking up their lone draft pick. The team announced this afternoon in a press release that second-rounder Stephen Zimmerman has officially signed his first NBA contract. The terms of the deal weren’t disclosed.

Zimmerman, a center out of UNLV, was the 41st overall pick in last month’s draft. Because the Magic sent their first-round pick to Oklahoma City in the trade that landed Serge Ibaka, Zimmerman was Orlando’s only draftee of 2016.

In his lone season at UNLV, Zimmerman averaged 10.5 PPG, 8.7 RPG, and 2.0 BPG in 26 contests (26.2 MPG). The seven-footer was ranked 40th overall by Jonathan Givony of DraftExpress.com, which was nearly right in line with his draft slot. On the night of the draft, Givony noted (via Twitter) that Zimmerman, who turns 20 in September, may have been selected higher if not for medical concerns about his right elbow.

With deals for Bismack Biyombo, Evan Fournier, Jeff Green, and D.J. Augustin now finalized, the Magic don’t appear to have any cap room left. It’s possible the team uses some of its room exception to sign Zimmerman, but his deal is more likely to be a two-year, minimum-salary pact.

Danny Ainge Talks Durant, Trades, Offseason

The offseason has been a little up and down for the Celtics, who failed to make a big draft-day trade and didn’t land top free agent target Kevin Durant, but still got a prospect they really like with the No. 3 overall pick (Jaylen Brown) and secured a contract agreement with another top free agent (Al Horford).

General manager Danny Ainge spoke to Steve Bulpett of The Boston Herald about the team’s pursuit of Durant and the rest of the summer so far, and made a few interesting comments. The entire piece is worth reading for C’s fans, but here are a few highlights from the discussion:

Ainge on whether he felt the Celtics had a legit chance to sign Durant:

“In a situation like that, you never really know. I didn’t really feel like we had a great chance, but I thought we had SOME chance. And then after we met with them, I felt like we had a real chance.

“I felt there for about 48 hours that we had a legitimate chance. It seemed like a really good fit. It seemed like a really good option for him, and it just wasn’t meant to be. He had other good options, too, but I did allow myself to get really excited for that 48-hour period, and it just didn’t happen.”

On Boston’s presentation to Durant:

“We felt like [the basketball fit] was the most important part of the whole presentation — who he’d play with and how he’d be utilized. He had some good questions about that and about his role — how he would play, how we would use him. I think we did a great job of explaining and making a great presentation, and I think it was tempting for him. I think he is very, very excited about Boston and the history, the Celtics, all of that. I think he loved what Brad [Stevens] had to say. I think he was impressed with Brad’s preparation, and we had a really good feeling about it.”

On whether pulling the trigger on another trade offer would have helped Boston land Durant:

“You know, I thought about that before and I’ve thought about that after, and I really don’t think so — shy of a couple of moves that I couldn’t do. But in deals that we could have done that we refused to do, I don’t think that would have mattered for this. I think that KD really likes our players.

“Under any circumstances, we weren’t going to be able to produce Steph Curry, Klay Thompson and Draymond Green.”

On the team’s summer so far, and the outlook going forward:

“You know, we didn’t probably have as many transactions as we wanted. We had offers for the third pick in the draft and some of our young players in this process, and we just didn’t want to do it. We just thought it was too much. We like those things too much, so we’re going to move forward, and we’re excited about the direction that we’re headed.

“When you do major moves, they almost always happen out of nowhere. … We’re continuing to look and talk, and, I mean, look at how fast Chicago has changed. That’s just sort of the way it works.”

Hawks Re-Sign Kent Bazemore

JULY 7: The Hawks have sent out a formal press release announcing their new deal with Bazemore.

JULY 1: The Hawks have secured one of their own free agents, according to Michael Scotto of The Associated Press, who reports (via Twitter) that Atlanta and Kent Bazemore have agreed to terms on a four-year, $70MM contract, which will feature a player option on the final year.Kent Bazemore vertical

It’s the second big-money deal the team has struck today — the Hawks also reached an agreement with Dwight Howard on a three-year contract worth $70.5MM. The two deals for Bazemore and Howard will almost certainly take Atlanta out of the running for Al Horford, meaning he’ll likely find a new home within the next few days.

Bazemore, who went undrafted out of Old Dominion, emerged as a reliable three-and-D player for the Hawks last season, averaging 11.6 points, 5.1 rebounds, and 1.3 steals per game, while shooting 35.7% from beyond the arc.

We heard early in free agency that it might take an offer in the $19-20MM-per-year range to land Bazemore, and the Hawks will ultimately pay a little less than that — his reported deal averages $17.5MM annually. According to David Aldridge of NBA.com (via Twitter), Bazemore turned down four-year, $72MM offers from the Lakers and Rockets to return to Atlanta.

In addition to Los Angeles and Houston, the Bucks, Grizzlies, Nets, and Pelicans were among the rival suitors for Bazemore, and were in touch with him before he made his decision, according to Shams Charania of The Vertical. There had been speculation that Bazemore would take a few days before deciding on his team — instead, he agreed to a contract with the Hawks on the day of his 27th birthday. Not a bad gift.

The value of Bazemore’s new deal is right in line with the four-year, $70MM deal agreed to by Evan Turner and the Trail Blazers earlier today.

Photo courtesy of USA Today Sports Images.

Magic Re-Sign Evan Fournier

JULY 7, 1:25pm: The Magic have now confirmed all their previously-reported free agent signings, wrapping up their series of announcements by tweeting that they’ve re-signed Fournier.

JULY 1, 3:19pm: Fournier’s new contract will include a player option in the fifth year that would allow him to become an unrestricted free agent in 2020, tweets Josh Robbins of The Orlando Sentinel.

2:27pm: The Magic have reached an agreement with restricted free agent Evan Fournier on a five-year contract that will be worth about $85MM, reports Marc J. Spears of The Undefeated (via Twitter). Both sides had been interested in finding common ground on an extension, with Fournier indicating as free agency opened that he wasn’t sure if he’d even take any meetings with rival suitors.NBA: Chicago Bulls at Orlando Magic

Fournier, 23, enjoyed a breakout season for the Magic in 2015/16, starting a career-high 71 of 79 games for the team and establishing new career-best marks in several other categories as well, including PPG (15.4), APG (2.7), RPG (2.8), and 3P (2.0). He also had a very solid shooting line of .462/.400/.836.

With his rookie contract having expired, Fournier received a qualifying offer from the Magic earlier this week, making him a restricted free agent and giving the team the right of first refusal. Given the numbers we’ve seen on many of the early free agent agreements today, it seems possible that Fournier could’ve found a maximum-salary offer sheet – which would have been worth closer to $95MM over four years – from another team. Instead, he’ll take slightly less than that to remain with the Magic on a five-year pact.

Since sending Victor Oladipo to the Thunder as part of the trade package that landed Serge Ibaka in Orlando, the Magic have been very active in fortifying their backcourt. The club acquired Jodie Meeks in a trade with the Pistons, then agreed to sign D.J. Augustin earlier today, before reaching an extension agreement with Fournier.

Fournier ranked 14th on our list of this year’s top 50 free agents.

Photo courtesy of USA Today Sports Images.

Free Agent Notes: Timberwolves, Wizards, Randolph

The Timberwolves offered veteran small forward Luol Deng a three-year contract at $12MM per season, according to Darren Wolfson of KSTP Radio (Twitter link). Head coach and president of basketball operations Tim Thobideau refused to fully guarantee the third year, Wolfson adds. In the end, the Timberwolves didn’t come close to signing Deng, as the former Heat starter agreed to a four-year, $72MM contract with the Lakers.
In other news regarding free agency:
  • The Wizards have interest in re-signing shooting guard Alan Anderson and will meet with him this weekend, league sources told J. Michael of CSNmidlatlantic.com (Twitter links). The meeting is expected to take place in Las Vegas, Michael adds. Anderson, who made $4MM last season, appeared in just 13 games with the Wizards after undergoing a second surgery on his left ankle. The previous season, he played in 74 games with the Nets and averaged 7.4 points in 23.6 minutes.
  • Shooting guard Brandon Paul is drawing major interest around the league after some strong performances for the Hornets’ summer-league team, Sportando tweets. He’s averaging 15.3 points and 7.3 rebounds through four games in the Orlando Summer League. The 6’4” Paul went undrafted in 2013 out of the University of Illinois and has been playing for a Spanish league team, FIATC Joventut.
  • Forward Anthony Randolph will remain in Europe and sign a one-year deal with Spain’s Real Madrid, a source told Marc J. Spears of ESPN.com (Twitter links). Randolph received interest from the Mavericks this summer, Spears adds. The contract will be the $1.5MM-$2MM range, international journalist David Pick tweets. The 6’11” Randolph hasn’t played in the NBA since the 2013/14 season, when he appeared in 43 games with the Nuggets.
  • Power forward Willie Reed has drawn interest from the Warriors, Spurs, Heat, Thunder, Timberwolves and Pacers, Alex Kennedy of Basketball Insiders tweets. Reed, an unrestricted free agent, averaged 4.7 points and 3.1 rebounds in 10.9 minutes over 39 games with the Nets last season.
  • Free agent center Robert Sacre, who played the last four seasons with the Lakers, has drawn interest from the Timberwolves and Rockets, Wolfson reports in a separate tweet.