Cavs To Make Contract Offer To Kyle Korver

12:30pm: The Spurs, Lakers, and Clippers are also expected to have interest in Korver, per Sam Amico of AmicoHoops.net. We can add those potential suitors to the Pelicans and Bucks, who are noted below.

11:57am: The Cavaliers are expected to make a contract offer to Kyle Korver when free agency opens early on Saturday morning, according to Joe Vardon of Cleveland.com. While details of that offer aren’t yet known, it will likely come at 12:01 am ET on Saturday, per Vardon.

Because the Cavaliers traded for Korver during the season, they acquired the veteran’s Bird rights along with him, which will allow them to make him a contract offer without any restrictions. However, the team will have to seriously consider the tax implications of an offer to Korver. Cleveland projects to be well over the tax line already, and repeater tax penalties will be significant.

There are also several other teams believed to have interest in Korver. Vardon names the Pelicans and Bucks as two clubs likely to be among the suitors for the veteran sharpshooter, though it remains to be seen how aggressive those teams – or others – will be.

In addition to eyeing a new deal for Korver, the Cavaliers have also had discussions with Turkish forward Cedi Osman, a draft-and-stash prospect who was the 31st overall pick in the 2015 draft. However, with no cap room and only the taxpayer mid-level exception ($5.192MM) at their disposal, the Cavs’ ability to offer a significant contract will be limited, especially if they intend to use that MLE on someone else. As Vardon notes, Carmelo Anthony remains on the club’s radar as a probable target if he’s bought out, though there’s no indication that the Knicks are leaning toward that option.

The Cavaliers continue to operate without a full-time president of basketball operations or GM in place. We heard earlier this week from ESPN’s Jeff Goodman that Chauncey Billups and the Cavs remained in talks after Billups issued a counter-offer to the team, but there is still no resolution. Assistant general manager Koby Altman has essentially been Cleveland’s acting GM.

Western FA Rumors: Hayward, Gallinari, Clippers

Jazz general manager Dennis Lindsey remains confident about his team’s chances to re-sign Gordon Hayward, George Hill, and Joe Ingles, writes Jody Genessy of The Deseret News. The team’s ability to bring back Hill and/or Ingles may be key to retaining Hayward.

Genessy reiterates (via Twitter) that Hayward really wants the Jazz to re-sign Hill, adding that his decision could hinge on that, while Sam Amick of USA Today notes (via Twitter) that Hayward and Ingles share an agent. Utah has been seeking a trade for a cheaper point guard to replace Hill, but may be hesitant to make such a move if it would make Hayward more likely to leave.

Here’s more on free agency from around the Western Conference, including another Hayward-related note:

  • Having previously said that he wouldn’t prioritize the Nuggets over any other suitor in free agency, Danilo Gallinari tells Italian outlet La Gazzetta dello Sport that his goal is to remain with Denver, and will have one of his first meetings with the Nuggets. Emiliano Carchia of Sportando provides the English translation on the quotes from Gallinari, who also acknowledged that he won’t receive a maximum salary contract.
  • The Clippers want to hang onto Blake Griffin in free agency, but it’s not clear whether the team is prepared to put a five-year, maximum salary offer on the table for him, tweets Ramona Shelburne of ESPN.com.
  • Broderick Turner of The Los Angeles Times (Twitter link) identifies Jonathon Simmons, Rudy Gay, Danilo Gallinari, P.J. Tucker, James Johnson, Joe Ingles, and Andre Iguodala as additional free agents of interest for the Clippers.
  • The Gordon Hayward sweepstakes are creating a battle amidst the Ainge family, as Chris Forsberg of ESPN.com details. Tanner Ainge, the son of Celtics president Danny Ainge, is running for Congress in Utah and has pushed for Hayward to remain with the Jazz.

Knicks Rumors: Ujiri, Griffin, Carmelo, Mills, KP

Raptors president of basketball operations Masai Ujiri was immediately identified as the Knicks’ top target to replace Phil Jackson when the Knicks parted ways with Jackson earlier this week, but it appears Ujiri won’t be going anywhere. As Ramona Shelburne of ESPN.com writes, the Knicks are no longer expected to ask for the Raptors’ permission to speak to Ujiri.

According to Marc Berman of The New York Post, one league source said that the Raptors would have asked for multiple draft picks, including a first-rounder, as compensation if the Knicks wanted to hire Ujiri. As such, the team appears to have shifted its focus to David Griffin and other candidates. Shelburne cites sources who say that Griffin has spoken to the Knicks, and is expected to have more discussions when New York moves to the next level of its search process. The club is currently assembling a list of candidates for the job.

Here’s more out of New York:

  • An NBA source tells Berman that the Knicks are unlikely to do anything with Carmelo Anthony until a new president of basketball operations is hired.
  • Current GM Steve Mills is expected to remain with the team no matter who is hired as president, according to Berman.
  • In a separate piece for The New York Post, Berman breaks down the free agency landscape for the Knicks, noting that the team may have more options with Jackson out of the picture.
  • According to Steve Kyler of Basketball Insiders (Twitter link), Isiah Thomas isn’t considered a candidate for the Knicks’ job, but still has owner James Dolan‘s ear as an advisor. Kyler adds (via Twitter) that Ujiri and Thunder president Sam Presti were considered “pie-in-the-sky” candidates.
  • While the pre-draft Kristaps Porzingis rumors were viewed by some observers as Jackson sending a “message” to the young big man, several members of the organization besides Jackson were in favor of a trade, sources tell Ian Begley of ESPN.com. Still, the possibility of a Porzingis trade will likely die if the team can get back on the same page with him.
  • The Knicks have strong interest in bringing back Justin Holiday, and some members of the organization consider George Hill a free agent of interest, according to Begley. Both Begley and Berman also identify P.J. Tucker as a probably free agent target for the club.

Raptors Tender Qualifying Offer To Nando De Colo

The Raptors have issued a qualifying offer to Nando De Colo, ensuring that he’ll be a restricted free agent, the team announced today (via Twitter).

Unlike other free agents who have received qualifying offers this month, De Colo didn’t play in the NBA last season. In fact, his last NBA appearance came during the 2013/14 season for Toronto. The 6’5″ guard has spent the last several seasons with CSKA Moscow and doesn’t appear poised to return to the NBA anytime soon.

As such, the Raptors’ QO is purely a bookkeeping move in order to retain their rights to De Colo. If he does decide to return to the NBA at some point, the Raptors will have the opportunity to match any offer he receives. While De Colo’s QO counts against the cap for now, Toronto won’t be on the hook for any extra money at season’s end, assuming the 30-year-old remains overseas.

Eastern FA Rumors: Bulls, Teodosic, Nets, Raptors

The Nets were considered the frontrunners in the Milos Teodosic sweepstakes for much of the year, but point guard became less of a priority for the team after last week’s D’Angelo Russell, opening the door for another NBA team to make a play for Teodosic. According to Tony Jones of The Salt Lake Tribune (via Twitter), that team may be Chicago — Jones has heard the Bulls are “close” to reaching a deal with the EuroLeague star.

If the Bulls end up finalizing a deal with Teodosic, he would be the team’s third major point guard addition of 2017. Chicago also acquired Cameron Payne in a trade with Oklahoma City at the deadline, and landed Kris Dunn from Minnesota in last week’s Jimmy Butler blockbuster.

Here are a few more free agency rumors from around the Eastern Conference:

  • The Wizards and Pistons are bracing for the Nets to make a strong push on restricted free agents Otto Porter and Kentavious Caldwell-Pope, respectively, tweets ESPN’s Marc Stein. Although those players have somewhat similar skill-sets, the Nets aren’t focused on filling a specific need or position in free agency, as head coach Kenny Atkinson tells Brian Lewis of The New York Post.
  • The Raptors‘ brass will likely meet with agent Andy Miller in Orlando this weekend, according to Michael Grange of Sportsnet (Twitter link). Miller represents both Kyle Lowry and Serge Ibaka, Toronto’s top two free agents, who figure to be a part of those meetings as well.
  • Rudy Gay has been linked to the Heat in the past, but Miami isn’t currently among the teams to arrange a free agent meeting with him this weekend, a source tells Barry Jackson of The Miami Herald.
  • Asked if the Knicks were still be seeking free agents who fit into a specific system, head coach Jeff Hornacek suggested this week that the team’s focus will be more on talent than system fit, per Ian Begley of ESPN.com. That sounds like good news for free agents who weren’t fond on Phil Jackson‘s triangle.

Top 50 NBA Free Agents Of 2017

The NBA’s new league year will officially begin on Saturday at 12:01 am eastern time, and while this year’s free agent period may not be as wild as last year’s, when the salary cap jumped by $24MM, there are several teams with the ability to splash around this July, and several players worth significant investments.

Listed below are our top 50 free agents for the 2017/18 NBA season. The players on this list will definitely become free agents on July 1 (or are free agents already), which is why we haven’t included any players who may remain under their current contracts. Rajon Rondo, for instance, is considered likely to be waived, but could still be traded or retained, so he’s on our list.

Our rankings take into account both a player’s short-term and long-term value. If we were to consider solely a player’s worth for the 2017/18 season, veterans like Dirk Nowitzki and Pau Gasol would likely place higher, while younger free agents with upside, such as Kentavious Caldwell-Pope and Nerlens Noel would be ranked a little lower.

In addition to the 50 players listed below, there are plenty of other notable free agents available this summer. You can check out our breakdowns of free agents by position/type and by team for the full picture.

Here are our top 50 free agents of 2017:

1. Kevin Durant, F (Warriors)"<strong
2. Stephen Curry, G (Warriors)
Durant and Curry stand on their own above the rest of 2017’s free agent class. They’re both former MVPs. They’re both members of the NBA champion Warriors. And they’re both not going anywhere this summer. The NBA offseason is unpredictable, and anything could happen once the new league year opens on Saturday and Durant and Curry officially become free agents. But the expectation is that the duo will have no desire to talk to any team besides Golden State. Because the Warriors hold Curry’s Bird rights, he’s expected to get a five-year deal worth the max ($200MM+) if he wants it, while Durant will likely sign a shorter-term pact, possibly worth a little less than the max.

3. Gordon Hayward, F (Jazz)
An effective scorer heading into 2016/17, Hayward elevated his game to another level in his contract year, earning his first All-Star nod and averaging a career-high 21.9 PPG. Hayward contributes on both ends of the floor and is an efficient scorer, with a shooting line of .471/.398/.844 last season — he’s also just 27 years old, meaning his next contract should cover his prime years. Hayward’s choice this summer appears likely to come down to a move to South Beach, a reunion with his former coach Brad Stevens in Boston, or a return to Utah with a rising Jazz team coming off a 51-win season.

4. Blake Griffin, F/C (Clippers)
Griffin had been on track to hit free agency alongside fellow star Clipper Chris Paul, but CP3 unexpectedly opted into the final year of his contract as part of a trade to the Rockets this week, making Griffin’s situation more intriguing. It’s not clear yet if Paul’s departure will make Griffin more or less likely to return to Los Angeles, but it will be interesting to see how high the Clippers and other suitors are willing to go. Griffin is certainly worth a maximum salary offer based on talent alone, but his injury history will make teams proceed with caution — the former first overall pick has averaged just 54 regular season games played over the last three seasons.

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Lowe’s Latest: George, Hayward, Ibaka, Gallinari

A proposed scenario that would see the Celtics sign Gordon Hayward, trade for Paul George, and sign George to a contract extension isn’t realistic, writes Zach Lowe in his latest report for ESPN.com. As Lowe points out, there would be no reason for George to re-up with Boston right away in that scenario unless he could renegotiate a maximum salary, and it would be extremely difficult for the C’s to accommodate such a deal without moving Al Horford.

Knowing that if they acquire George, he could be a rental, the Celtics have thus far been unwilling to include Jaylen Brown, Jayson Tatum, the Nets’ 2018 first-round pick, or the Lakers’ 2018 first-rounder in any of their offers to Indiana, Lowe reports. Lowe’s best guess at Boston’s offer is a package that would include Jae Crowder, Marcus Smart, and one of the team’s other first-round picks. The C’s will be reluctant to go much higher than that, given their fear that George could leave in 2018 — Tania Ganguli of The Los Angeles Times wrote on Thursday night that the Pacers forward is still telling friends he expects to be a Laker in 2018.

While George could just be a one-year rental, the Celtics have competition for him. According to Lowe, the Wizards would likely be willing to sign-and-trade Otto Porter and include a first-round pick. The Cavaliers would swap Kevin Love straight up, though that doesn’t interest Indiana much, per Lowe. If the Nuggets get involved again via three-way talks for George and Love, they could offer Gary Harris and a first-round pick, though NBA execs expect Harris to command upwards of $20MM annually on his next contract, which is due soon, says Lowe.

Here’s more from Lowe with the free agent period right around the corner:

  • Lowe views Hayward as less than a 50-50 bet to stay with the Jazz, with both the Celtics and Heat as legitimate suitors. The ESPN scribe adds that he wouldn’t be surprised if a mystery fourth team ends up getting a meeting with Hayward.
  • The market for Raptors big man Serge Ibaka and Nuggets forward Danilo Gallinari is expected to be in about the $20MM-per-year range, sources tell Lowe.
  • The Sixers have told player agents that they plan on signing one-year contracts in free agency this summer to preserve future cap space. They may also use some of their current cap room to sign Robert Covington to a renegotiated extension, writes Lowe.
  • Lowe expects the Bucks to sign Tony Snell to a deal in the range of $10-12MM annually.
  • Despite drafting De’Aaron Fox, the Kings may still spend on a free agent point guard as a veteran mentor, particularly if they decide they want to chase a playoff spot right away, says Lowe.
  • The Grizzlies are “crossing their fingers” that the market for RFA power forward JaMychal Green isn’t as competitive as expected, according to Lowe.

Mirotic, Felicio Get QOs; Rondo Likely To Be Cut

The Bulls have tendered qualifying offers to pending free agents Nikola Mirotic and Cristiano Felicio, making them restricted, per RealGM’s transactions log. Mirotic and Felicio are two of Chicago’s four potential RFAs. As previously reported, Joffrey Lauvergne is also receiving a qualifying offer, but Michael Carter-Williams isn’t.

Mirotic, 26, had a solid rookie season for the Bulls in 2014/15, though his numbers haven’t improved much since then. In 2016/17, he averaged 10.6 PPG and 5.5 RPG, shooting 41.3% from the floor and 34.2% from three-point range. His qualifying offer is worth $7,228,063.

Felicio, who will turn 25 next Friday, has a more modest QO of $1,671,382. The big man averaged 4.8 PPG and 4.7 RPG in 15.8 minutes per contest (66 games) last season.

Tendering qualifying offers to both players – and to Lauvergne – gives the Bulls the right to match any offer sheet those RFAs may sign. Those players could also accept the qualifying offer from Chicago, which would put them in line for a one-year deal worth the amount of their QO. The Bulls will have until July 13 to withdraw those QOs, assuming their RFAs remain unsigned.

Meanwhile, K.C. Johnson of The Chicago Tribune has the latest update on Rajon Rondo, whose 2017/18 salary will become fully guaranteed for an extra $10MM+ if he remains under contract beyond Friday. According to Johnson, Rondo’s contract structure has prompted the Bulls to include him in some recent trade proposals. However, those scenarios don’t appear to have gained much traction.

Unless the Bulls can find a taker for Rondo today, the veteran point guard is expected to be waived, per Johnson.

Anzejs Pasecniks To Play Next Season In Spain

Sixers first-round pick Anzejs Pasecniks will remain with his Spanish team next season, according to Emiliano Carchia of Sportando. Pasecniks may ultimately be the only first-rounder from the 2017 draft who doesn’t sign with his new NBA team this summer.

Pasecniks, a 21-year-old Latvian center, has committed to another year with CB Gran Canaria, where he averaged 7.8 points and 3.1 rebounds this past season.

Pasecniks was selected by the Magic with the 25th pick in last Thursday’s draft, but his rights were traded to Philadelphia in exchange for a pair of 2020 draft picks. He was one of four players selected in by the Sixers, but three of those players figure to spend at least one more season playing overseas, as Jessica Camerato of CSNPhilly.com tweeted last week.

Jonah Bolden, Mathias Lessort, and – of course – Markelle Fultz were also drafted by the 76ers.

Southwest Notes: Noel, Gentry, Paul

The Mavs won’t be travelling far when the free agency period officially opens tomorrow night at midnight, Eddie Sefko of the Dallas Morning News writes. Instead, he says, the franchise will zero in on its two own free agents: Nerlens Noel and Dirk Nowitzki.

While a Nowitzki deal is a foregone conclusion, the interesting part will be whether the Mavs can come to terms with Noel before the the restricted free agent lands a lofty offer sheet from a team willing to pay top dollar.

Currently, Sefko notes, the cap-hit the Mavs take for Noel is $11MM, a mark that figures to be considerably lower than what the 23-year-old would be able to land on the open market.

The decision to focus on Nowitzki after declining his team option this week and bringing Noel back is representative of the change in direction the Mavs have undergone this season.

Having landed Harrison Barnes in free agency last year and traded for Noel at the trade deadline in February, the Mavs have promptly patched together an intriguing young core.

There’s more from the Southwest Division:

  • After two lackluster seasons at the helm of the Pelicans, Alvin Gentry is well aware of the fact that the NBA is a “results industry.” The head coach spoke with Scott Kushner of The Advocate, noting that he doesn’t feel that there’s any extra pressure this season.
  • There’s no denying that for Chris Paul to thrive with the Rockets, he, Mike D’Antoni and James Harden will all have to end up on the same page. Kevin Ding of Bleacher Report writes about how they’ll need to adapt to make that happen.
  • There was some truth to the speculation that linked Chris Paul to the Spurs but two things sullied the opportunity. Marc J. Spears of The Undefeated notes that the uncertainty of LaMarcus Aldridge‘s status, coupled with the notion of having to replace Tony Parker at point guard, dissuaded Paul from exploring things further.