Bucks Officially Name Jon Horst GM

6:34pm: The Bucks have officially announced that Jon Horst will be their new general manager via a press release published on the team’s website.

9:42am: The Bucks are expected to officially announce Horst’s promotion to GM later today, tweets ESPN’s Marc Stein.

8:15am: The Bucks’ general manager search has taken another unexpected turn, according to Adrian Wojnarowski of The Vertical, who reports (via Twitter) that the team is closing in on promoting current director of basketball operations Jon Horst to the GM role. According to Wojnarowski (via Twitter), Milwaukee has been searching in recent days for a veteran basketball executive to pair with Horst in the front office.

After former general manager John Hammond left Milwaukee for Orlando earlier in the offseason, the Bucks conducted an extensive search for his replacement, and had reportedly identified three finalists: Justin Zanik (Bucks assistant GM), Arturas Karnisovas (Nuggets assistant GM), and Wes Wilcox (former Hawks GM).

Zanik and Karnisovas were viewed as the top candidates from that group, but Karnisovas withdrew his name from the process after receiving a promotion in Denver, leaving Zanik as the apparent favorite for the job. However, it appears the Bucks will instead promote another in-house exec, following what Wojnarowski refers to as a “contentious ownership disagreement.”

According to Wojnarowski (via Twitter), Zanik had the support of co-owner Marc Lasry and head coach Jason Kidd, among others, for the GM job, but a full consensus was required to promote him to that position.

If the Bucks do finalize Horst as the new GM and bring in an outside executive to work with him in the front office, it will be interesting to see whether Zanik remains in Milwaukee, having been passed over for a promotion. Zanik has been leading the club’s draft preparations since Hammond left for the Magic.

Central Notes: Korver, Williams, Workouts

There’s a better chance that the Cavaliers bring mid-season trade acquisition Kyle Korver back for 2017/18 than buyout season bargain Deron Williams, Joe Vardon of Cleveland.com writes. In response to a reader’s question, Vardon broke down the circumstances of their respective pending free agencies.

Because they gave up a first-round pick to acquire him, the Cavaliers hold Korver’s Bird Rights. That means, of course, that they can go above the salary cap to retain him, something outright inevitable given that they’re operating with the league’s highest payroll. Bringing Korver – who led the league in 3-point percentage at age 36 – back is a cost effective way of keeping offensive weapons on board for next season.

Williams, in contrast, will be limited in the size of contract he can land with the Cavaliers, a figure certainly less than what he drew on the open market with the Mavs last offseason. Despite his having been waived by Dallas in February, his eventual playoff struggles with Cleveland and the staggering fact that he’ll make $5.5MM for the next three years thanks to a stretch provision dating back to his time with the Nets, Vardon says he’s “unlikely” to sign with the Cavaliers for just their $5.1 exception.

There’s more from the Central Division:

  • The Bucks worked out a handful of guards Friday, including Donovan Mitchell (projected to be drafted at No. 14 by NBADraft.net) and Justin Jackson (No. 19). A report on Milwaukee’s official website has the details.
  • The Pistons spent time Friday working out a number of deep sleepers, Keith Langlois of Pistons.com tweets. The scribe notes facetiously that the names aren’t likely candidates to go 12th overall. With no second-round pick, Detroit could be auditioning eventual free agent options.
  • The Pacers will bring John Collins (projected to be drafted at No. 13 by NBADraft.net) and Harry Giles (No. 22) in for a workout Saturday, the team writes on its official site, as well as several others.
  • A combination of age and limited financial flexibility could make it difficult for the Cavaliers to improve this offseason, Bobby Marks of The Vertical writes. Marks notes that even if the club looked elsewhere than Kyle Korver and Deron Williams, they’d only have minimum contracts and the mid-level exception at their disposal.

Sixers, Celtics In ‘Serious Talks’ About No. 1 Pick

4:26pm: The discussions between Philadelphia and Boston are so serious that expected first-overall pick Markelle Fultz could be on his way to meet with the Sixers as early as Saturday, Adrian Wojnarowski of The Vertical tweets.

Both ESPN’s Marc Stein and Wojnarowski (below) have now said explicitly that the deal being negotiated would include a package of Philly draft picks including the No. 3 pick this year.

Such a trade would make Fultz a realistic option for the Sixers, while potentially putting Josh Jackson in line to fall to Boston. Just yesterday we wrote about a connection between the Kansas prospect and the C’s.

4:15pm: The Sixers and Celtics have had serious talks involving the No. 1 pick, Marc Stein of ESPN tweets. Per Zach Lowe of ESPN – who Stein cites in the original tweet – Boston would receive several picks but no players from Philly, leaving Lowe to infer that the No. 3 pick would be involved in the package.

The story is corroborated by Adrian Wojnarowski of The Vertical, who adds that the Sixers are currently awaiting medical information on Fultz. Wojnarowski then goes on to tweet that a source tells him Boston would acquire the No. 3 pick in a package that would also include a future first from Philadelphia.

Trading down from No. 1 to No. 3 would free up $1.4MM worth of cap space for the Celtics, says Eric Pincus of Basketball Insiders, no small consideration given their expected free agency pursuits of Blake Griffin and Gordon Hayward.

Celtics To Meet With Josh Jackson, Dennis Smith Jr.

The Celtics continue to do their homework on several of the top prospects in this year’s draft, having lined up meetings with two more players. Ian Begley of ESPN.com reports that the C’s have scheduled a pre-draft meeting with Dennis Smith Jr., while Sean Cunningham of ABC10 tweets that Josh Jackson will head to Boston to meet with the team within the next few days.

Word of Jackson’s meeting is notable since the former Kansas swingman cancelled a scheduled workout with the Celtics earlier this week. It sounds like the upcoming meeting between the two sides won’t necessarily include a workout, but it comes in the wake of a report that Boston may be considering Jackson with the first overall pick.

Markelle Fultz is still viewed as the probable No. 1 pick, so it’s possible that the Celtics’ apparent interest in Jackson is a smoke screen designed to drum up interest in a trade, though at least one GM is convinced that Danny Ainge is legitimately leaning toward the ex-Jayhawk. As for Smith, the former North Carolina State point guard would likely only be on the Celtics’ radar if the team were to trade down, since he’s not considered a top-five prospect.

Cunningham’s report also indicates that Jackson is holding a private workout in Sacramento with the Sixers today. If Fultz and Lonzo Ball come off the board first and second overall next Thursday, Jackson would be a strong candidate to be Philadelphia’s pick at No. 3.

Five Key Offseason Questions: Denver Nuggets

After three straight seasons with win totals in the 30s, the Nuggets took a modest step forward in 2016/17, battling for a playoff spot in the Western Conference and ultimately falling just short of the postseason – and of .500 – at 40-42.

While the end result was somewhat disappointing, the Nuggets can view the season as an overall success, since it saw the emergence of a potential franchise player. Nikola Jokic, a second-round pick in 2014, entered Denver’s starting lineup for good on December 15, and from that point on, he averaged an eye-popping 19.2 PPG, 10.9 RPG, and 5.8 APG to go along with a shooting line of .587/.342/.825. The Joker is still only 22 years old, and looks like a tremendous building block for a Nuggets team that has lacked star power since trading Carmelo Anthony.

Still, while Jokic’s breakout season was encouraging, the team has several key questions to answer as the offseason gets underway. Here are five:

1. Will Danilo Gallinari be back?Danilo Gallinari vertical

Gallinari, a key piece in that aforementioned Carmelo trade, has been a Nugget since 2011, but will be eligible for unrestricted free agency this July after turning down his player option with the team. Gallinari has been one of the league’s more underrated scorers in recent years, and is coming off the best shooting season of his career (.447/.389/.902). The Nuggets also have more than enough cap flexibility to bring him back.

On the other hand, Gallinari has a lengthy history of injuries, having failed to play more than 63 games in a season since 2012/13. Furthermore, Denver has a crowded rotation at the forward position, with Kenneth Faried, Juan Hernangomez, Wilson Chandler, and Darrell Arthur among the players who would be vying with Gallinari for minutes at the three and four. If the Nuggets trade one or two of those forwards, re-signing Gallinari makes a little more sense, but it’s not hard to imagine him ending up elsewhere this summer.

2. How can the Nuggets acquire another star to pair with Jokic?

If Gallinari doesn’t return, the Nuggets could create more than $35MM in cap room, which would be enough to make a maximum salary contract offer to a free agent. Perhaps we shouldn’t be surprised then that Denver has been mentioned as one of the teams that Chris Paul intends to talk to if he explores leaving the Clippers this offseason.

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Lakers Maintain Brandon Ingram Is Not Available

The Lakers reportedly haven’t ruled out the possibility of trading this year’s second overall pick, but last year’s No. 2 pick is staying put. The Lakers have maintained during recent discussions with teams that Brandon Ingram is not available, according to Mark Medina of The Orange County Register.

Ingram’s status doesn’t come as a surprise, as 2016’s second overall pick was viewed as perhaps the only untouchable player on the Lakers’ roster heading into the team’s first offseason with Magic Johnson and Rob Pelinka at the helm. Although Ingram’s rookie season wasn’t exceptional, the Lakers are encouraged by the “steady growth” he has shown with his defense, shooting, and aggressiveness, per Medina.

In 79 games (40 starts) last year, Ingram averaged 9.4 PPG, 4.0 RPG, and 2.1 APG. The former Duke Blue Devil looked better down the stretch — after entering the starting lineup for good on February 6, he averaged 12.2 PPG and shot 46.6% from the field. He had made just 35.9% of his field goal attempts up until that point.

Medina also reports that the Lakers have heard from prospects that they would like to play alongside Ingram, who is still just 19 years old.

Monta Ellis, Reggie Bullock Receive Five-Game Suspensions

Pacers guard Monta Ellis and Pistons wing Reggie Bullock have been suspended five games apiece without pay for violating the NBA’s anti-drug policy, the league announced today (Twitter link via Jeff Zillgitt of USA Today). The suspensions are believed to be marijuana-related, as Adi Joseph of USA Today tweets.

Ellis and Bullock will serve their respective suspensions to open the 2017/18 league year, assuming they’re physically able to play. If either player is injured to start the season, he’ll serve the five-game suspension once he’s ruled healthy enough to play.

Ellis, 31, had a down year in Indiana, as he played just 27.0 minutes per game, the lowest mark since his rookie season in 2005/06. He averaged just 8.5 PPG to go along with 3.2 APG and 2.8 RPG. Ellis has one more guaranteed year left on his contract with the Pacers, then has a player option for 2018/19. Indiana could also waive him prior to that option date without being on the hook for his ’18/19 salary.

“Monta’s suspension is a very serious matter to our franchise and it will be dealt with accordingly,” Pacers president of basketball operations Kevin Pritchard said in a statement.

As for Bullock, he may not end up serving his five-game ban as a member of the Pistons. The former first-round pick, who was limited to just 31 games due to injuries in 2016/17, is eligible for restricted free agency this offseason. He’s not viewed as a lock to get a qualifying offer from Detroit, let alone re-sign with the team.

Warriors Rumors: Free Agents, Iguodala, Livingston

It has been less than four full days since the Warriors won Game 5 of the NBA Finals and captured their second title in three years, but fans and observers are already looking ahead to see how Golden State intends to keep its championship roster together. Tim Kawakami of The San Jose Mercury News takes a deep dive into that subject today, breaking down the Warriors’ salary cap options and providing a handful of insider tidbits as well. Let’s round up the highlights…

  • Multiple NBA sources have told Kawakami that it’s all about the Warriors’ Big Four and Andre Iguodala, suggesting that the team won’t break the bank for anyone else on the roster. That includes free-agents-to-be like Zaza Pachulia, David West, Ian Clark, and JaVale McGee.
  • Out of that group of the Warriors’ top five players, Stephen Curry, Kevin Durant, and Iguodala are all eligible to become free agents. Kawakami expects Curry to receive a five-year, super-max deal worth upwards of $205MM, while Durant appears willing to accept a 20% raise rather than the full max, allowing the club to stay over the cap to re-sign Iguodala and possibly others.
  • Assuming Durant settles for a 20% raise, look for Iguodala to sign a multiyear deal worth between $8MM and $12MM annually, says Kawakami. The Sixth Man of the Year candidate has suggested he expects to re-sign with Golden State and that negotiations are almost done. If another team swoops in with a massive offer, it’s possible Iguodala reconsiders his options, but at that this point, the main question appears to be how many years will be on his new Warriors contract.
  • Shaun Livingston‘s situation is “much more open-ended,” with Kawakami pegging the odds of the point guard’s return as a coin flip. Kawakami speculates that a one- or two-year deal worth $6-7MM per year would be feasible for the Warriors, but Livingston will likely do better than that on the open market.
  • As Kawakami points out, it’s worth keeping an eye on the tax apron, which is projected to be around $127MM for 2017/18. If a team wants to use its full mid-level exception and/or bi-annual exception, it can’t exceed the apron at any point during the league year. If the Warriors go over that number, they’ll be limited to the taxpayer MLE – worth about $5.2MM – and minimum salary contracts for any additional signings.

How Cash-Trading Rules May Impact Teams’ Draft Plans

A year ago, five draft-night trades involving second-round picks saw money change hands between two NBA teams. In some cases, the cost of those picks wasn’t exorbitant — the Nuggets reportedly only received $730K from the Thunder in exchange for the rights to the No. 56 pick, which was used on Daniel Hamilton. However, the price tag on a few other picks was higher.

The Warriors, for instance, sent $2.4MM to the Bucks in exchange for the right to draft Patrick McCaw. The Nets gave $3MM to the Jazz for the right to move up and nab Isaiah Whitehead. The No. 54 pick, which was used on Kay Felder, cost the Cavaliers $2.47MM to acquire from Atlanta.

Teams with an excess of second-round picks will likely look to sell a selection or two this year, while clubs looking to get back into the second round can dangle cash in lieu of players or picks. But teams can’t simply send as much money as they want in order to acquire draft picks.

The NBA’s Collective Bargaining Agreement limits the amount of money teams can send and receive in trades during a given league year. For the 2016/17 season, the maximum is $3.5MM. A team can send out as much as $3.5MM in trades, and receive up to that amount as well, but after that point, they can’t use any more cash in trades.

Cash paid and cash received are separate entities, so a team that has sent out $3.5MM in trades can’t “start over” by receiving $3.5MM in another trade — once they’ve paid $3.5MM, they’re essentially capped out in terms of tradeable cash. Since the new league year doesn’t begin until July 1, trades made since July 2016 will affect how much money teams can pay or receive in this year’s draft.

There are potentially ways to get around these restrictions — if a team without any tradeable cash left badly wants to buy a second-round pick, it’s possible an agreement in principle with another club could be reached, and a trade could be finalized in July when spending resets. But both teams would have to be on board, and a team with the ability to send or receive cash this year may not want to hamper its 2017/18 flexibility by waiting. When teams sell draft picks for cash, those deals are generally made official on draft night.

According to data from Basketball Insiders, these are the teams that have already paid or received more than half of their $3.5MM limit in 2016/17, reducing their flexibility on draft night:

Cash Paid:

  • Cleveland Cavaliers: $0 remaining ($3,500,000 paid)
  • Dallas Mavericks: $272,714 remaining ($3,227,286 paid)
  • Portland Trail Blazers: $575,000 remaining ($2,925,000 paid)

Cash Received:

  • Denver Nuggets: $0 remaining ($3,500,000 received)
  • Philadelphia 76ers: $100,000 remaining ($3,400,000 received)
  • Indiana Pacers: $272,714 remaining ($3,227,286 received)

The two teams impacted most by the money they’ve already spent or received in trades are probably the Cavaliers and Sixers. Cleveland has traded both of its 2017 picks, and will have a hard time getting back into the draft without any cash to use.

As for the Sixers, they have more picks than any other team in this draft, including four second-rounders. Philadelphia probably doesn’t want to use all of those picks, but trading them could be tricky, since the team isn’t eligible to receive more than $100K. If Philadelphia does trade a second-rounder or two, the return could be future picks rather than cash.

Draft Rumors: Lakers, Ball, Monk, Kennard

On Thursday, we learned that the Lakers are “taking and making calls” about the No. 2 overall pick, and according to ESPN’s Chad Ford (Insider-only link), one scenario in particular has piqued the team’s interest. Ford reports that the Lakers have had internal discussions about trading back to No. 4 if the Suns are willing to offer them a 2018 first-round pick. The Suns are currently in line to have two first-rounders next year, with Miami’s top-seven protected pick coming their way, but that’d still be a steep price to move up two spots.

According to Ford, the Lakers are unwilling to trade their No. 2 overall pick if it involves dropping out of the top five entirely, since they want to land at least one prospect with star potential next Thursday. The most likely scenario involves the team simply keeping the pick, according to Ramona Shelburne of ESPN.com, who hears from team sources that a trade remains a long shot.

Here are more draft rumors and notes, with less than a week to go until the big day:

  • Lonzo Ball, who will work out for the Lakers again on Friday, is considering talking to other lottery teams that want to meet with him, according to Ramona Shelburne. Ball’s preference is to land in Los Angeles, but if the team doesn’t give him any indication after Friday’s meeting that he has “separated himself” from other contenders for that No. 2 pick, he may explore more options, per Shelburne.
  • Having worked out for four teams with picks between Nos. 3 and 8, Malik Monk doesn’t intend to audition for any more clubs before the draft, tweets Jessica Camerato of CSNPhilly.com.
  • Former Duke sharpshooter Luke Kennard is starting to be considered alongside several second-tier prospects in this draft, according to Chad Ford, who reports that the Knicks are “seriously considering” Kennard at No. 8. One GM tells Ford that his team has Kennard ranked higher than Monk on its board, while a Lakers source says Kennard would be the favorite for L.A. if the club could acquire a second top-10 pick.
  • Another GM from a late-lottery team to Ford, regarding Kennard: “There’s no way he gets to us. I don’t think there’s any way he’s out of the top 10. We think he’s the best shooter in the draft. We think he’s tough. He’s more athletic than you think. He really thinks the game. He’s the most underrated guy in this draft.”
  • Danny Chau, Jonathan Tjarks, and Kevin O’Connor of The Ringer identify eight prospects who are rising or falling on their respective draft boards.