Warriors, Celtics Considered Favorites For Joe Johnson
The Warriors and Celtics will be the favorites to sign Joe Johnson if he receives a buyout from the Kings, tweets Chris Mannix of Yahoo Sports. Johnson, who was acquired from the Jazz in a three-team trade this afternoon, is expected to ask for a buyout and Mannix believes Sacramento will grant him one.
Johnson is making a little more than $10.5MM in the final season of a two-year contract. With about a third of the season remaining, it will be interesting to see how much money he is willing to give up to join a contender. This is a familiar position for Johnson, who agreed to a buyout with the Nets two years ago and signed with the Heat for a playoff run.
Either Boston or Golden State would have to open up room for the roster before signing Johnson. The Celtics are at 14 players right now, but are expected to sign free agent center Greg Monroe before tonight’s game.
Johnson missed part of the season with a wrist injury, but has averaged 7.3 points and 3.3 rebounds in 32 games. He offers both versatility and playoff experience and will receive plenty of offers once the buyout is complete.
Celtics Sign Greg Monroe
FEBRUARY 8: Now that the trade deadline has passed without the Celtics needing to use their open roster spot, the team has made Monroe’s signing official.
FEBRUARY 2: Veteran center Greg Monroe will sign with the Celtics after he becomes a free agent this weekend, a league source tells ESPN’s Adrian Wojnarowski (via Twitter). Monroe, bought out and waived by the Suns on Thursday, is on track to clear waivers on Saturday.
[RELATED: Suns buy out Greg Monroe]
The Celtics and Pelicans were believed to be the frontrunners for Monroe, a New Orleans native. According to Wojnarowski (via Twitter), the Pels offered Monroe the opportunity to be their starting center, but the big man will instead head to Boston, where he’ll have fewer guaranteed minutes, but a better chance to win a title.
Monroe will also be well compensated on his new deal with the Celtics, as Wojnarowski tweets that the one-year contract will be worth $5MM. That’s more than the Pelicans could offer, with Boston taking advantage of its extra flexibility by using its disabled player exception to reach an agreement with Monroe.
Even though the Celtics’ disabled player exception – awarded after Gordon Hayward went down in the team’s season opener – is worth $8.4MM, the DPE can only be used once, so the team won’t have the remaining $3.4MM available. Still, Boston plans to continue exploring the market for a perimeter scorer, according to Chris Mannix of Yahoo Sports, who cautions (via Twitter) that the front office is reluctant to part with a first-round pick.
Monroe, who opened the season in Milwaukee, was sent to the Suns in the fall for salary-matching purposes as part of the Bucks’ trade for Eric Bledsoe. The 27-year-old saw inconsistent minutes in Phoenix as he battled fellow centers Tyson Chandler and Alex Len for playing time.
Although Monroe has had his role reduced and has only appeared in 25 games this year, he has continued to be very effective on a per-minute basis, averaging 10.4 PPG and 7.4 RPG with a .601 FG% in 21.8 minutes per contest. He’ll join a Celtics frontcourt that could use some interior scoring and rebounding help. Outside of Al Horford, no one on Boston’s roster is averaging more than 5.5 RPG this season.
The Celtics are currently carrying 14 players on their roster, so they won’t need to waive anyone to make room for Monroe. However, the move could be bad news for Jarell Eddie, who would have been a candidate to rejoin the C’s if they still had a roster spot available after the trade deadline.
It’s also worth noting that there’s no rule preventing Hayward from returning to the Celtics before season’s end if he’s healthy enough to do so. The NBA initially awarded the C’s their DPE after an independent physician determined that the injured forward was more likely than not to be sidelined through June 15. If Hayward beats that recovery timetable, Boston wouldn’t be penalized at all.
As for the Pelicans, while they’ll be disappointed to miss out on Monroe, they did add another frontcourt piece on Thursday, acquiring Nikola Mirotic from the Bulls. New Orleans also still has two open roster spots, so the club figures to keep an eye out for more reinforcements on the trade market or buyout market.
DeAndre Jordan, Tyreke Evans, Marco Belinelli Stay Put
A handful of players frequently mentioned as trade candidates in the weeks leading up to the deadline stayed put today, according to various reports.
The Clippers have held onto center DeAndre Jordan through the deadline, a league source tells ESPN’s Adrian Wojnarowski (Twitter link). The team had privately maintained throughout the process that it was fine hanging onto Jordan if no appealing offers surfaced, so this isn’t a huge shock. The next key deadline for Jordan will arrive this summer, as he decides whether to exercise his $24MM+ player option or turn it down to hit to the free agent market.
Tyreke Evans is staying put in Memphis, according to Chris Haynes of ESPN (Twitter link). This decision is a little more surprising, since the Grizzlies had held Evans out of action for the last week in anticipation of moving him. However, it appears they never received the first-round pick they were seeking. Wojnarowski reported earlier today that Memphis may try to re-sign Evans using its mid-level exception this July.
The Hawks made some small deals today, but trade candidate Marco Belinelli remains on the roster, per Sam Amick of USA Today (Twitter link). There were reportedly a handful of teams with interest in Belinelli, but perhaps the offers Atlanta received risked adding salary to the team’s cap for 2018/19.
We’ll wait to see if word of any other deals trickles in now that the deadline has passed, but for now it looks like several other trade candidates aren’t going anywhere either. That list includes Avery Bradley, Kenneth Faried, Derrick Favors, and Evan Fournier, among many others.
Bulls Trade Jameer Nelson To Pistons
1:53pm: The Pistons have confirmed the trade via a press release.
10:11am: The Bulls are sending veteran point guard Jameer Nelson to the Pistons in a deadline-day trade, reports Shams Charania of Yahoo Sports (Twitter links). According to Charania, center Willie Reed will be headed to Chicago. The Bulls will also get the right to swap 2022 second-round picks with the Pistons, per Tim Bontemps of The Washington Post (via Twitter).
Both Nelson and Reed have already been traded within the last week and a half — Nelson moved from New Orleans to Chicago in the Nikola Mirotic trade, while Reed was one of the pieces the Pistons acquired from the Clippers alongside Blake Griffin. Nelson and Reed were both eligible to be traded again this week, but couldn’t have had their salaries aggregated with another player’s salary in a deal.
For the Pistons, Nelson will help fortify the point guard position, which has been somewhat shorthanded this season due to Reggie Jackson‘s lengthy injury absence. Ish Smith and Dwight Buycks have done a respectable job handling point guard duties with Jackson on the shelf, but Nelson will provide a steady veteran hand.
Nelson, who will turn 36 on Friday, appeared in 43 games for the Pelicans this season, averaging 5.1 PPG and 3.6 APG with a .410/.364/.765 shooting line in 20.9 minutes per contest. In Detroit, he’ll reunite with Stan Van Gundy, who coached him for several seasons in Orlando.
As for Reed, the 27-year-old center was solid as a part-timer in Miami last season, averaging 5.3 PPG and 4.7 RPG in 71 games with the Heat. His per-minute numbers have remained solid for the Clippers and Pistons this season, but he’s playing a career-low 10.2 MPG. He was also recently hit with a six-game suspension as a result of a domestic incident that took place last summer, though the NBPA has filed a grievance on his behalf.
Like Nelson, Reed will be an unrestricted free agent this summer, so he seems unlikely to fit into the Bulls’ long-term plans. In fact, Vincent Goodwill of NBC Sports Chicago reports (via Twitter) that Chicago plans to immediately waive the big man.
The Bulls and Pistons will each create modest trade exceptions in the swap, with Chicago getting one worth Nelson’s salary ($1,429,818) and Detroit creating one worth Reed’s salary ($1,471,382).
Photo courtesy of USA Today Sports Images.
Trade Deadline Notes: Evans, Faried, Jordan, Muhammad
The Grizzlies haven’t been able to get a first-round pick for Tyreke Evans and may decide to hang onto him, tweets Adrian Wojnarowski of ESPN. If that happens, Memphis will try to re-sign him this summer with its mid-level exception. The Grizzlies could still get at least one second-rounder if they decide to move him today, adds Zach Lowe of ESPN. (Twitter link)
A few more last minute-notes before the deadline arrives:
- Representatives for Nuggets forward Kenneth Faried are still hoping for a deal, Woj adds (Twitter link). Denver has discussed Faried with several teams, including the Pacers, but nothing has happened yet.
- The Cavaliers talked to the Clippers this morning about DeAndre Jordan, but opted for for a series of deals that gave them more athleticism, youth and depth, tweets Ramona Shelburne of ESPN.
- The Timberwolves may buy out Shabazz Muhammad if they can’t work out a last-minute deal, according to Marc J. Spears of The Undefeated (Twitter link). A source tells Spears he will be a coveted free agent if that happens.
- The trade of Noah Vonleh to the Bulls is the last one the Trail Blazers plan to make today, relays Jason Quick of NBC Sports Northwest (Twitter link). That deal was enough to get Portland under the luxury tax.
Hawks Trade Luke Babbitt To Heat For Okaro White
1:31pm: The trade is now official, according to a press release from the Heat. Atlanta intends to waive White, according to Michael Cunningham of The Atlanta Journal-Constitution (Twitter link).
11:15am: The Hawks will trade veteran forward Luke Babbitt to the Heat for Okaro White, tweets Marc Stein of The New York Times.
This will be a return to Miami for Babbitt, who spent the 2016/17 season there. He signed a one-year, veterans’ minimum contract with the Hawks this summer and is averaging 6.1 points and 2.2 rebounds in 37 games.
White is in his second season with the Heat, but has appeared in just six games, spending most of the year in the G League. He also has a minimum deal, so salary matching won’t be a problem.
A larger trade could be in the works as Miami continues to talk with Atlanta about Marco Belinelli, tweets Barry Jackson of The Miami Herald. Belinelli would give the Heat another wing shooter after losing Dion Waiters for the season.
Cavs Acquire Clarkson, Nance In Isaiah Thomas Trade
1:14pm: The trade is now official, the Lakers announced in a press release. The 2018 first-rounder acquired by the Lakers is top-three protected, which will protect the Cavs in the unlikely event that they miss the postseason and then get lucky in the lottery.
11:08am: The Lakers and Cavaliers are set to complete a trade that will send Jordan Clarkson and Larry Nance Jr. to Cleveland, according to ESPN’s Adrian Wojnarowski (via Twitter). In exchange, the Lakers will receive Isaiah Thomas, Channing Frye, and the Cavaliers’ 2018 first-round pick, per Kevin O’Connor of The Ringer (Twitter link). That pick will be protected, tweets Woj.
The deal is a fascinating one for two teams that have been heavily involved in trade rumors throughout the 2017/18 season. The move reflects the Cavaliers’ desire to get better right away, while the Lakers look ahead to the summer.
From the Cavs’ perspective, the trade looks like an admission that the acquisition of Thomas wasn’t going to work. After missing most of the first half of the season with a hip injury, the former Celtics star hasn’t been able to recapture his old form, and has publicly expressed his frustration during Cleveland’s recent slump. Thomas’ .361 FG% and .253 3PT% are easily career lows, and his average of 14.7 PPG is way down from the 28.9 PPG he put up last season in Boston.
“He’s worked too hard to get back, and he’s a ball-dominant player,” Thomas’ agent Aaron Goodwin told Joe Vardon of Cleveland.com. “It’s LeBron’s ball, and this clearly wasn’t working. [Cavs GM] Koby [Altman] and I have had enough conversations where it was clear, with the way the system was going, it wasn’t beneficial for either party. This is a good opportunity for Isaiah.”
By sending a struggling Thomas to Los Angeles along with Frye, the Cavs will secure a pair of solid rotation players who are both just 25 years old and are under contract beyond this season. Clarkson has averaged 14.5 PPG with a .448/.324/.795 shooting line so far in 2017/18. Nance, meanwhile, has posted a career-best 8.6 PPG and 6.8 RPG, with a .601 FG%.
While Thomas and Frye are on expiring contracts, Clarkson and Nance will earn a combined $14.77MM in 2018/19, pushing Cleveland’s total guaranteed team salary for next year above the $100MM mark, not counting LeBron James. With or without James, it seems very unlikely that the Cavs will have cap room this summer, barring some major moves.
The Lakers, on the other hand, clear nearly $15MM in 2018/19 money from their books in this deal, taking on two expiring contracts and landing a first-round pick in the process. Despite recent rumblings that the team could be shifting its free agency focus to 2019, this deal puts L.A. in a great position to create enough cap room to make a run at two maximum-salary free agents this summer. Their top targets figure to include Paul George, DeMarcus Cousins, and – of course – LeBron.
One of the most interesting aspects of this deal is that both teams could make the case that it improved their odds of signing James this summer — the Cavs acquired some players who can help them contend this season and can stick around next year, while the Lakers created more cap space and will be able to use their new first-round pick to add another player to their young core this offseason.
Some housekeeping notes on this trade: Cleveland will now be unable to trade the Nets’ 2018 first-round pick unless they acquire another 2018 or 2019 first-rounder. The Cavs have already traded their ’19 first-rounder, and can’t leave themselves without first-round picks in consecutive future seasons. They’ll reduce their projected luxury tax bill in this deal too, as ESPN’s Bobby Marks outlines. Additionally, the Lakers should create a modest trade exception in the deal worth $1,471,382, the amount of Nance’s 2017/18 salary.
Photo courtesy of USA Today Sports Images.
Trade Deadline Rumors: Carroll, Kings, Lakers, C’s
The Nets and Pacers have considered a deal that would send DeMarre Carroll to Indiana in exchange for Al Jefferson, tweets Sam Amick of USA Today. The deal would be a way for Brooklyn to clear money for next season, as Carroll is owed $15.4MM, while Jefferson has a $10MM salary that’s only partially guaranteed.
Carroll, who was traded to the Nets over the summer, is averaging career highs in scoring (13.2), rebounds (6.4) and assists (1.9). Jefferson has settled into a reserve role since coming to Indiana two years ago and is averaging 6.7 points and 3.9 assists in 26 games.
There’s more to report as the trade deadline draws closer:
- The Kings are willing to move second-year center Georgios Papagiannis if they need to open a roster spot to complete a larger trade, according to Kevin O’Connor of The Ringer (Twitter link). However, Sacramento has since agreed to trade Malachi Richardson in a deal that seems designed to open up a roster spot.
- With Devin Booker and Tyler Ulis both battling injuries, the Suns may be interested in a minor deal for point guard help, tweets Scott Bordow of The Arizona Republic. Josh Gray is the only healthy option currently on the roster.
- The Lakers appear to be done with major deals after acquiring Isaiah Thomas and Channing Frye from the Cavaliers, relays Bill Oram of the SoCalNewsGroup (Twitter link). Oram adds that a minor trade could still be in the works.
- The Celtics remain engaged on several trade fronts, but continue to be reluctant to include a first-round pick in a deal, sources tell Chris Mannix of Yahoo Sports (Twitter link).
- The Cavaliers weren’t able to gain any traction with the Hornets on a Kemba Walker trade before pulling the trigger on a series of separate deals, tweets Adrian Wojnarowski of ESPN. Hornets Michael Jordan places a high value on Walker and won’t move him cheaply, Woj adds. Jordan said in a recent interview that he wouldn’t part with Walker “for anything but an All-Star player.”
Luke Adams contributed to this post.
Raptors Explore Trade For DeAndre Jordan
It may be a long shot, with a third team likely required to help facilitate a deal, but the Raptors have tried to work their way into the mix for Clippers center DeAndre Jordan, reports Marc Stein of The New York Times (via Twitter).
Jordan, who has been linked to the Cavaliers, Bucks, Trail Blazers, and Wizards, among other teams, is viewed as a somewhat tricky trade candidate, since there’s uncertainty about whether he’ll exercise a $24MM+ player option for 2018/19.
Jordan’s current $22.64MM salary could also be an issue for the Raptors, who are less than $2MM away from the luxury tax threshold this season. Any deal for Jordan would likely have to be built around Jonas Valanciunas, who has a $15.46MM salary. However, Valanciunas’ multiyear contract may not appeal to the Clippers, which might be why Stein suggests the involvement of a third team.
The Raptors have also traded away their 2018 first-round pick already, and are ineligible to move their 2019 first-rounder.
And-Ones: Free Agent Market, Payne, Perkins, Booker
The bull market for free agents has ended and there will be few free-spending teams this summer, according to Brian Windhorst and Bobby Marks of ESPN. Many organizations are paying the price for the huge contracts that were handed out in 2016 as cap issues are forcing much of the league to take a more frugal approach.
This season, five teams are on pace to pay the luxury tax, which kicks in with a payroll topping $119MM. Twelve teams are projected to be in tax territory for 2018/19 and several more are in danger of getting there just by re-signing their own free agents. The authors list the Bucks as one team that will cross the line if they hold onto Jabari Parker.
“The luxury tax was not designed for this many teams to pay it,” a league executive told Windhorst and Marks. “Many of those owners probably didn’t think they’d be paying it. Quite a few of those teams are probably going to take steps to get out of the tax or limit new spending.”
When teams were handing out big contracts in the summer of 2016, they were expecting a salary cap in the range of $108MM for next season. That projection has been revised down to $101MM, leaving many in an unexpected dilemma. Only seven teams — the Lakers, Sixers, Bulls, Hawks, Mavericks, Suns and Nets — will have more than $10MM available to chase free agents, and virtually all of those teams are in rebuilding mode.
NBA agent Mark Bartelstein expects the situation to improve in 2019 and 2020 when those 2016 contracts start to expire.
There’s more NBA-related news this morning:
- Max and “supermax” deals are the reason more stars seem to be on the trade market, writes Kevin O’Connor of the Ringer. Clippers consultant Jerry West had been urging owner Steve Ballmer to trade Blake Griffin ever since Chris Paul let the team know he wouldn’t be re-signing. Ballmer was convinced after Griffin’s latest injury, recognizing the risks of paying him $171MM over five years, including nearly $39MM in the 2021/22 season when he will be 32. Teams are taking stock of their future and weighing whether maxing out a star is worth giving up financial flexibility. O’Connor predicts fewer mid-sized deals, like the approximately $17MM the Magic are giving to Bismack Biyombo and Evan Fournier, in favor of more non-taxpayer midlevel exceptions, which are valued at $8.4MM an will rise to about $10MM before the current CBA expires.
- Adreian Payne, who was waived by the Magic last month in the wake of the Michigan State scandal, had signed to play in Greece, relays the Associated Press. Payne had a two-way contract and played just four games for Orlando.
- Veteran center Kendrick Perkins has decided to leave the G League Canton Charge, tweets Jeremy Woo of Sports Illustrated. Several teams have contacted him about signing after the deadline, and he may consider playing in China or Japan next year, depending how the rest of this season turns out, adds Jake Fischer of Sports Illustrated (Twitter link). Perkins officially “retired” from the G League so the Charge can receive compensation, according to 2 Ways & 10 Days.
- Sixers forward Trevor Booker has changed agents in advance of his upcoming free agency, tweets Jeff Zillgitt of USA Today. Booker has signed with Jim Tanner’s Tandem Sports + Entertainment.
- Lavoy Allen, who played 61 games for the Pacers last season, has joined the Northern Arizona Suns of the G League, the team tweeted.