Month: May 2024

C.J. Miles To Opt Out, Become Free Agent

Veteran swingman C.J. Miles will opt out of his contract with the Pacers this summer, becoming an unrestricted free agent, reports Chris Haynes of ESPN.com. Miles has a player option for the 2017/18 season worth approximately $4.77MM, but will decline that option in search of a more lucrative deal.

Miles, who turned 30 last month, was a key rotation piece for the Pacers in 2016/17, making a career-best 41.3% of his attempts from beyond the arc. He also averaged 2.2 made three-pointers per game for the third consecutive season.

Miles was one of two Pacers players who had a mutual option of sorts for ’17/18. The Pacers had the opportunity to waive both Miles and Rodney Stuckey before the end of the regular season to avoid the risk of guaranteeing their salaries for next season. The team cut Stuckey and hung onto Miles, but with Miles opting out, Indiana won’t carry his salary on its books next year anyway.

While Miles’ reps may point to a player like Courtney Lee, who signed a four-year, $48MM contract with the Knicks last summer at age 30, as a logical comparison for their client, I’d be surprised if Miles lands a deal in that range. He should do fairly well in free agency, earning a raise and a multiyear commitment, but teams around the league simply won’t have the same kind of cap room available to overspend on free agents this time around.

2017 Offseason Salary Cap Digest: New Orleans Pelicans

The Pelicans entered the 2016/17 season with playoff aspirations, but quickly fell out of the race and couldn’t climb back in, even after their deadline acquisition of DeMarcus Cousins. The frontcourt pairing of Cousins and Anthony Davis is a very intriguing one, particularly with a full offseason ahead for the two star bigs to get comfortable with one another. Still, the duo will need some help and New Orleans doesn’t have a ton of cap flexibility to continue adding complementary pieces.

Here’s where things currently stand for the Pelicans financially, as we continue our Offseason Salary Cap Digest series for 2017:

Guaranteed Salary

Player Options

  • None

Team Options

  • None

Non-Guaranteed Salary

Restricted Free Agents

  • None

Cap Holds

Trade Exceptions

Projected Salary Cap: $101,000,000

Maximum Cap Room: $13,308,395

  • Adding three cap charges for empty roster spots to New Orleans’ nine guaranteed contracts results in a total team salary of $87,691,605. The cap space created in that scenario is minimal, so the Pelicans are more likely to retain one or two of their players on non-guaranteed contracts and to keep Holiday’s cap hold on the books as they attempt to re-sign him. That would mean staying over the cap.

Footnotes:

  1. Crawford’s salary becomes fully guaranteed after August 1.
  2. Cook’s salary becomes partially guaranteed ($25,000) after July 5. Guarantee increases to $100,000 after July 25.

Salary information from Basketball Insiders and The Vertical was used in the creation of this post.

Eastern Notes: Lopez, Thompson, LeBron, Bucks

The Nets have a combined 41-123 record over the last two seasons, but Brook Lopez remains optimistic about the franchise’s direction, and doesn’t seem eager to go anywhere, despite the trade rumors that have consistently swirled around him as the club has struggled. As Randolph B. Leongson of Inquirer.net details, Lopez believes there’s “a lot of positivity” in Brooklyn as the team builds a new foundation.

“Moving forward, I’m just all-in, trying to do all I can to help my team be successful,” Lopez said. “We’ve got a great group of guys who really have that team-first attitude and we really believe that we can do something special as long as we put the effort out and we put the work in.”

Here are a few more items from around the Eastern Conference:

  • Cavaliers big man Tristan Thompson is by no means a prolific scorer, but he has developed into a key rotation piece for the club due to his ability to rebounding and defensive ability, as well as his high motor. Zach Lowe of ESPN.com takes a closer look at Thompson, providing a handful of interesting tidbits on the big man’s history with the Cavs, who considered taking Jonas Valanciunas over him in 2011.
  • LeBron James will be the subject of countless Michael Jordan comparisons by the time he retires, and those comparisons may eventually extend to endeavors beyond his playing career. As Ken Berger of Bleacher Report writes, the Cavaliers star has interested in being part of an NBA team ownership group down the road. Jordan, of course, is currently the principal owner of the Hornets.
  • Hawks point guard Dennis Schroder, who played professional ball in Germany before arriving in Atlanta, believes current Brose Bamberg big man Daniel Theis is capable of making the leap to the NBA — preferably to Atlanta. Emiliano Carchia of Sportando has the details, providing an English translation of a German report.
  • Jabari Parker is eligible for a rookie scale extension this offseason, but it would make sense for the Bucks to table contract talks until the summer of 2018, after the former No. 2 pick has recovered from his latest ACL injury, writes Bobby Marks of The Vertical.

Pistons Open To Moving Lottery Pick For Veteran

The Pistons currently have the No. 12 overall pick in this year’s draft, but there’s no guarantee this year’s 12th overall pick will play in Detroit in the fall. According to ESPN’s Marc Stein (via Twitter), the Pistons are open to discussing trades involving their lottery pick in the hopes of acquiring a “win-now veteran.”

As we saw a year ago when the Hornets moved the No. 22 overall pick for Marco Belinelli, a team without cap room could agree to a pick-for-player trade in June and then complete the deal in July, after they’ve opened up the necessary space. That could be one option for the capped-out Pistons.

However, even without taking into account Aron Baynes‘ player option or a lucrative potential new contract for Kentavious Caldwell-Pope, the Pistons already have about $95MM in guaranteed money on their books for 2017/18, so it’s unlikely that they’ll end up with any cap room even after the new league year begins.

That means that any deal involving the No. 12 pick and an established veteran would likely need to include at least one outgoing contract for salary-matching purposes. As such, it’s no surprise that Rod Beard of The Detroit News tweets the Pistons would likely be open to a “pick-plus-player option” to land that win-now veteran.

Stein’s report doesn’t specify any players – or even positions – the Pistons may be targeting as they discuss their lottery pick, but there are a few areas that could make sense. A frontcourt replacement for Baynes would be one possibility if the club expects to lose him in free agency. A guard would also be a logical target if Detroit has any concern about Reggie Jackson‘s ability to bounce back, or isn’t 100% sure that Caldwell-Pope will be retained.

Spurs’ Dewayne Dedmon To Decline Player Option

Spurs center Dewayne Dedmon will head back to the free agent market one year after signing with San Antonio, reports Shams Charania of The Vertical. According to Charania, Dedmon has decided to turn down his 2017/18 player option with the Spurs, and will become an unrestricted free agent in July.Dewayne Dedmon vertical

Dedmon, who signed a two-year deal with the Spurs last summer worth the team’s room exception, earned $2.898MM in 2016/17. His option would have been worth about $3.028MM, but after a solid year in San Antonio, the USC product should be in line for a larger payday, perhaps with multiyear security.

Dedmon appeared in a career-high 76 games for the Spurs in his first – and possibly only – season with the franchise. He also established new career bests in PPG (5.1), RPG (6.5), and FG% (.622), emerging as a key piece in the club’s frontcourt rotation.

It’s not out of the realm of possibility that Dedmon could sign a new deal with the Spurs, but San Antonio will likely have a few other contract situations to address this summer that may take priority. Additionally, it wouldn’t be surprising to see the team opt for a cheaper replacement — in recent years, San Antonio has let bigs like Aron Baynes and Boban Marjanovic sign elsewhere, replacing them with players on more modest deals.

Before he signed with the Spurs last July, Dedmon was linked to the Warriors, and Tim Kawakami of the San Jose Mercury News wonders (via Twitter) if Golden State could circle back to the veteran center this summer. If the Dubs stay over the cap to re-sign their own free agents, they’d have the mid-level and bi-annual exceptions available to pursue outside help.

Photo courtesy of USA Today Sports Images.

2017 NBA Offseason Salary Cap Digest Series

As we approach the 2017 NBA draft and free agent period, Hoops Rumors has been examining each team’s cap situation, breaking down the guaranteed salaries, non-guaranteed salaries, options, free agents, and cap holds on the books for each of the league’s teams.

We’re also previewing each club’s offseason in more depth, but these salary cap digests provide a bare-bones look at where teams are at with their spending, how much cap room they figure to have this summer, and which players may not be safe, given their contract situations.

You can find the link to your favorite team’s offseason salary cap digest below. If we haven’t covered your team yet, we’ll be doing so soon. You can find this post anytime on our right-hand sidebar under “Hoops Rumors Features.”

EASTERN CONFERENCE

Atlantic Division

Central Division

Southeast Division


WESTERN CONFERENCE

Northwest Division

Pacific Division

Southwest Division

Wizards Notes: Free Agency, Workouts, Beal, Brooks

As John Wall has suggested, fortifying the bench will be a priority for the Wizards this offseason, so J. Michael of CSNMidAtlantic.com has examined the upcoming free agent market in an effort to identify some potential fits for Washington. Assuming they remain over the cap, which is a near certainty, the Wizards will have the mid-level, bi-annual, and minimum salary exceptions available to sign players, giving them a little flexibility.

In three separate pieces, Michael lists some potential point guard backups for Wall, a few possible backups for Beal at the two, and several veteran forwards who could be targets. While some of the players on Michael’s lists, such as J.J. Redick and Patty Mills, may end up being out of Washington’s price range, there are a handful of intriguing names noted, including Darren Collison, Kyle Korver, and Patrick Patterson.

Here’s more on the Wizards:

  • The Wizards are bringing in six prospects for a pre-draft workout on Tuesday, the team announced in a press release. Jamel Artis (Pittsburgh), James Blackmon Jr. (Indiana), Daniel Dixon (William & Mary), D.J. Fenner (Nevada), Monte Morris (Iowa State), and Melo Trimble (Maryland) will get a closer look from the club.
  • When the Wizards signed Bradley Beal to a maximum-salary, five-year contract last summer, there was skepticism among NBA observers that it was the right call. However, as Chase Hughes of CSNMidAtlantic.com writes, Beal showed in the first year of the deal that he’s capable of living up to it and making good on Washington’s $127MM+ investment.
  • New head coach Scott Brooks turned out to be another solid investment for the Wizards, Hughes details in a separate piece for CSNMidAtlantic.com. “I think as a team we respect him,” Beal said of Brooks. “On the outside of coaching, he’s a really down-to-earth guy. He has a relationship with everyone on the team. I think everybody loves that. He holds everybody accountable. Me, I loved him. He granted everybody confidence and freedom on both ends of the floor, especially offense.”

Atlantic Notes: Hayward, Ilyasova, Lowry, Sixers

Gordon Hayward‘s outside shooting and overall offensive skills would blend well with Isaiah Thomas game if the Jazz forward chooses the Celtics in free agency, Steve Bulpett of the Boston Herald opines. The fact that the Celtics protected their salary-cap space in order to make a run at a top free agent indicates that Hayward would at least take a close look at Boston and a potential reunion with his college coach Brad Stevens, Bulpett continues. If Hayward signs a three-year deal with the Celtics that includes an opt-out clause, he could sign for the 10-year veteran’s maximum in 2020, Bulpett notes. The Celtics could alternatively put together a big package to trade with the Pacers for Paul George if George is willing to stay in Boston after he becomes an unrestricted free agent next summer, Bulpett adds.

In other news around the Atlantic Division:

  • It’s unlikely that the Sixers will make a run at veteran power forward Ersan Ilyasova in free agency, according to Jessica Camerato of CSNPhilly.com. While Ilyasova lifted their offense and aided in Dario Saric‘s development before he was traded to the Hawks this season, the Sixers want to maintain flexibility with their frontcourt group. Ilyasova will be seeking a multi-year commitment and security after being traded around the league in recent years, Camerato adds.
  • Free agent point guard Kyle Lowry could wind up with the Clippers if the Raptors don’t re-sign him and Chris Paul heads elsewhere in free agency, Steve Simmons of the Toronto Sun opines. Lowry could also be a fit with the Spurs if Paul declines to play there, Simmons continues. On a separate note, Toronto could wind up signing a veteran shooting guard such as Kyle Korver or Vince Carter because of their ability to make 3-pointers, Simmons adds.
  • Forbes magazine estimates the value of the Sixers’ franchise has jumped to $800MM, Keith Pompey of the Philadelphia Inquirer relays. That’s an increase of over $500MM than the purchase price for the franchise in 2011, Pompey notes. The team’s value could continue to rise if Ben Simmons becomes a star player, according to the magazine.

Five Key Offseason Questions: Los Angeles Lakers

It’s rare for a team that finished 41 games out of the top spot in its conference to have an air of optimism surrounding the organization. One of the league’s storied franchises has hit hard times lately but the Los Angeles Lakers headed into the offseason with some real hope for a turnaround.

They got lucky in the lottery, securing the No. 2 pick and putting off the first-round debt they owe to the Sixers for another season. They have a new front office direction, thanks to the in-season shakeup which saw Lakers legend Magic Johnson and former agent Rob Pelinka become the franchise’s top two executives. They already hired a coveted young coach prior to last season in Luke Walton.

There’s also a reasonable chance they can attract a top-level free agent or use some of their assets to trade for an All-Star level player.

Here’s a look at the major questions confronting the club this offseason:

NBA: Playoffs-Indiana Pacers at Cleveland Cavaliers1. Should the Lakers pursue a trade for Pacers star Paul George or wait until he becomes a unrestricted free agent?

George’s desire to play for the Lakers is an open secret. He would give Johnson the star he covets, and Magic has no bones that he’ll be shopping for a superstar.

Whether George fits that category is debatable but he’s undeniably one of the top forwards in the league. In a perfect world, the Lakers could sit back and wait for George to sign the dotted line next summer.

If the Lakers really want him, a preemptive strike might be necessary. They would probably have to move the No. 2 overall pick and a couple of young players to entice the Pacers to trade George prior to his walk year. Magic apparently views last June’s lottery pick, Brandon Ingram, as his only untouchable.

2. Assuming the Lakers don’t trade their lottery pick, is Lonzo Ball the right choice?

Read more

Western Rumors: Kerr, Parker, Ingles, Lakers

Warriors coach Steve Kerr says it’s unlikely that he’ll be on the bench for Game 1 of the NBA Finals on Thursday, as he discussed with Anthony Slater of the San Jose Mercury News and the assembled media on Monday. Mike Brown has filled in for Kerr on the sidelines for much of the postseason, though Brown himself missed practice on Monday because of the flu. Kerr will travel to Cleveland when the series shifts there and says he’s been at practices and coaches meetings, but coaching during a game is still an issue because of back pain, Slater continues. The pain became severe during the opening-round series against the Trail Blazers. “You saw me in the fourth quarter of Game 2. I could not sit still in my chair,” Kerr said. “There was that much pain. I would say I’ve gotten a little bit better. That’s why I’m here talking to you right now. But you can probably tell, I’m not sitting here happy-go-lucky.”

In other news around the Western Conference:

  • Spurs guard Tony Parker expects to return from his torn quad injury in January, as he told the French magazine L’Equipe and relayed by Sportando’s Emiliano Carchia. Parker required surgery earlier this month for the tear, which he suffered during the Western Conference semifinals against the Rockets. Parker will make $15.45MM in the final year of his contract next season.
  • Gordon Hayward‘s decision in free agency won’t influence Jazz swingman Joe Ingles, according to Olgun Uluc of  Foxsports.com. Ingles will be a restricted free agent once the Jazz extend him a qualifying offer of $2.687MM, which they almost assuredly will do. Ingles averaged 7.1 PPG, 3.2 RPG and 2.7 APG while shooting 44.1% from long range this past season. He would like to stay put, as he told Uluc.  “I think we’ve got the team,” he said. “Obviously, Gordon is a big part of that, so his free agency — it’s not going to change what I’m going to do or where I want to go — but, we’re a different team depending on whether he’s there or not. I’m not gonna be sitting there calling Gordon every two minutes, but if everything works out in Utah and they want me, and it all comes together, that’s great.”
  • California forward Ivan Rabb headlines a group of six players that will work out for the Lakers on Tuesday, which was posted on the team’s website. Rabb is currently ranked No. 25 overall by DraftExpress and Los Angeles owns the No. 28 selection, as well as the No. 2 overall pick. He’ll be joined by four potential second-rounders in Clemson forward Jaron Blossomgame (49th), Oregon guard Tyler Dorsey (46th), Nevada forward Cameron Oliver (59th) and SMU forward Sterling Brown (57th), as well as Florida State guard Xavier Rathan-Mayes.