Month: May 2024

New York Notes: Randle, Stauskas, Knicks, Turner

The Nets are among the teams interested in signing Lakers forward Julius Randle to an offer sheet, according to an article on NetsDaily. Brooklyn would like to reunite D’Angelo Russell with Randle, who is a close friend and one of the few Lakers who showed support for Russell when Magic Johnson publicly questioned his leadership abilities. They also share the same agent in Aaron Mintz.

A few things will have to break the Nets’ way for them to have a shot at Randle. The Lakers will have to land both LeBron James and Kawhi Leonard, limiting what they would be willing to spend on their restricted free agent, and the Mavericks, who are also known to covet Randle, would have to use most of their cap room to sign DeAndre Jordan.

Even if those dominoes fall into place, the Nets still have to trim some salary to come up with an offer sheet that starts in the $12MM to $15MM range. The article states that sweeteners such as up-front money and trade bonuses could be included to make it more difficult for the Lakers to match. To create cap room, the author adds, the Nets would have to get Dwight Howard to accept a buyout in the next few days and trade either Jeremy Lin or DeMarre Carroll.

There’s more today out of New York:

  • Even though the Nets decided against a qualifying offer for Nik Stauskas, that doesn’t mean he’ll be in a different uniform next season, writes Brian Lewis of The New York Post. Brooklyn views Stauskas as a lower-cost alternative if Joe Harris leaves in free agency, where he is expected to get a deal three to four times higher than his $1.5MM salary for 2017/18. Mark Bartelstein, who serves as the agent for both players, isn’t sure the decision will come down to one or the other. “We’ll see how things play out over the next two days,” he said. “We’ll be keeping the lines of communication open for the next few days. I know the Nets like Nik a lot. We’ll see how the roster shapes up.”
  • Pacers center Myles Turner could be the Knicks‘ top free agent target next summer, posts Ian Begley on ESPN Now. Turner will be a restricted free agent if he doesn’t sign an extension with Indiana this summer. His family lives in New York, and he and Kristaps Porzingis are friends. Begley lists Terry Rozier and Malcolm Brogdon as other names to watch in 2019.
  • James Dolan has denied rumors that he is thinking about putting the Knicks up for sale, tweets Stefan Bondy of The New York Daily News. Madison Square Garden Company released a statement Friday night saying, “There are no plans to sell the Knicks or the Rangers.”

Thomas Bryant Waived By Lakers

Pursuant to an official release from the team, the Lakers have waived backup center Thomas Bryant.

Bryant appeared in 15 games for the Lakers last season, averaging 1.5 points and 1.1 rebounds in 4.6 minutes per game.

Bryant’s $1.38MM contract wasn’t set to become guaranteed until July 5, but with the Lakers reportedly planning to guarantee the contract of center Ivica Zubac for next season and the addition of first-round pick Moritz Wagner, there was evidently no need to keep Bryant around any longer.

The Lakers don’t have any more non-guaranteed contracts left on which to make decisions, but they’ll likely still need to do something with the contract of Luol Deng if they want to land two marquee free agents this summer such as LeBron James and Paul George.

Suns Waive Tyler Ulis

4:17pm: The move is official, the Suns announced on Twitter.

3:05pm: Phoenix will waive point guard Tyler Ulis, tweets ESPN’s Adrian Wojnarowski.

The decision is the latest in a series of cost-cutting moves for the Suns, who are also cutting ties with Elfrid Payton and Alex Len. Phoenix is maximizing cap room to be aggressive in free agency, with the Bucks’ Jabari Parker and the Celtics’ Marcus Smart as possible targets.

Getting rid of Ulis will save the team $1.54MM for next season. A decision on whether to guarantee his 2018/19 salary was originally due by June 24, but he agreed to let the Suns delay the move until today.

A second-round pick in 2016, Ulis spent two years in Phoenix. He played 71 games this season, starting 43, but the Suns are hoping for a point guard upgrade in free agency, according to Scott Bordow of The Arizona Republic (Twitter link). They drafted Elie Okobo and have Brandon Knight returning from injury, so there may not have been playing time available for Ulis.

The Suns still have to make decisions on non-guaranteed salaries for Alan Williams ($5.52MM), Shaquille Harrison ($1,378,242) and Davon Reed ($1,378,242 with a $689,212 guarantee).

Timberwolves Waive Cole Aldrich

The Timberwolves have waived backup center Cole Aldrich, reports Adrian Wojnarowski of ESPN.

Aldrich’s $6.96MM contract, already guaranteed for $2.06MM, was scheduled to become fully guaranteed if Aldrich remained on Minnesota’s roster past today. Accordingly, the Wolves saved $4.9MM by cutting ties with Aldrich.

As Bobby Marks of ESPN notes, Minnesota will have the option to stretch the amount still owed to Aldrich over three years, which would open up an additional $1.37MM in cap room this summer.

Darren Wolfson of 5 Eyewitness News predicts that the Wolves will stretch Aldrich’s contract in order to avoid potential tax penalties should the team choose to use the full value of its MLE.

Aldrich, 29, averaged a career-low 0.6 PPG in only 21 games this past season. Throughout his eight-season career, he has averaged 3.1 points in 10.0 minutes per contest.

Hoops Rumors Originals: 6/23/18 – 6/30/18

Every week, the Hoops Rumors writing team creates original content to complement our news feed. Here are our segments and features from the past seven days:

  • The Hoops Rumors writing team took a stab at ranking our Top 50 free agents of 2018.
  • In this week’s Community Shootaround post, we asked who you believe is the early favorite to win the 2019 NBA Rookie of the Year Award.
  • Arthur Hill answered several questions in his weekly mailbag, including whether the Lakers’ draft strategy assumed the arrival of LeBron James and the chances of the Jazz making a splash in free agency.
  • Before the deadline came and went, Luke Adams took a look at some notable players who had yet to make a decision on their player option.
  • Luke Adams analyzed how the annual salary cap increase affects other important CBA-related figures.
  • We introduced our 2018 NBA Offseason Trade tracker.
  • Luke Adams recapped all the players who were eligible to receive qualifying offers this offseason, with details on which players did and didn’t get them.

And-Ones: Warriors, Trade Block, Howard

The Warriors are likely to carry only 14 players heading into the season, according to Anthony Slater of The Athletic (Twitter link). The move would save the team money against the luxury tax and leave the organization with room to add a player during the season. Slater notes that the pair of players it signs under two-way deals can fill-in for minutes if needed.

Here’s more from around the league:

  • Wilson Chandler, who officially opted into his 2018/19 contract with the Nuggets last week, is available in trade talks, David Aldridge of NBA.com reports (Twitter link). Chandler will make slightly over $12.8MM this upcoming year.
  • The HawksKent Bazemore and the KnicksCourtney Lee are both available in trade talks as well, Aldridge adds. The scribe also confirms that there are no untouchable players on the Raptors.
  • The Warriors insist they are not interested in signing Dwight Howard once the center reaches a buyout with the Nets, Marc Stein of The New York Times writes. Charlotte dealt the big man to Brooklyn after one uninspiring season with the club.
  • LeBron James has indicated that family considerations will play a big role in his free agency decision. Stein (same piece) can envision James choosing the Lakers with a belief that President of Basketball Operations Magic Johnson can assist him and his family with their off-court needs.

Kevin Durant To Give Warriors Another Discount?

When the Warriors and Kevin Durant agreed to a discounted contract last offseason – $51.3MM over two seasons with a player option in year two – there was reportedly an understanding between the two parties that Durant would seek a contract more in line with his value this offseason.

However, according to Anthony Slater of The Athletic, there are now rumblings that Durant, who becomes an unrestricted free agent tonight after choosing not to exercise his $26.3MM player option for next season, is leaning towards signing another two-year contract with a player option in year two, commonly known as a “1+1” deal.

Because the Warriors hold Durant’s Early Bird rights and not his full Bird rights, the NBA’s Collective Bargaining Agreement would only allow a contract starting with an estimated maximum salary of $35.35MM if the deal is at least two seasons long. And, under the CBA, a “1+1” contract does not qualify as a two-year contract under these circumstances.

Accordingly, Durant would only be eligible for a starting salary of $30MM – 120% of his 2017/18 salary of $25MM – should he choose to sign another “1+1” deal. Such an agreement would use his Non-Bird rights, and would allow him to reach the open market again in 2019. At that point, he’d have full Bird rights and would qualify for a five-year max deal.

Slater adds that if Durant were to take less money again, it would save the Warriors “a ton” in tax money, which would increase the likelihood that the Warriors use the full value of their taxpayer MLE – estimated to be $5.3MM – in free agency.

Cavaliers Will Not Meet With LeBron James In Person To Begin Free Agency

LeBron James will not meet with the Cavaliers in person when free agency begins, according to ESPN’s Dave McMenamin. Cleveland will not be meeting with James’ representatives in person either. It’s unclear if an in-person meeting between James and the Cavs will be scheduled down the line.

Rich Paul, the agent that represents James as well as several other players entering free agency, will conduct all business over the phone to kick off free agency. Sources tell McMenamin that re-signing James is the Cavaliers “plan A, B and C,” and the organization believes it is still in the mix to bring back the four-time MVP.

The franchise has found it difficult to plan its full team around James with the way he has approached The Decision 3.0. While the Cavs lack flexibility, they have the taxpayers mid-level exception, worth $5.3MM, at their disposal.

Potential free agents may be hesitant to sign with Cleveland without knowing James’ plan. Other teams interested in trades won’t know which way Cleveland is leaning and it may hinder trade talks from occurring. However, the uncertainty resulting from James’ approach isn’t likely to alter the franchise’s view of re-signing him, McMenamin hears.

Jabari Parker Likely To Leave Bucks?

The Kings are just one of the teams expected to make a run at Jabari Parker, and some executives within the league view the former No. 2 overall pick to be among the small tier of players below stars such as LeBron James and Paul George.

“Hey, he’s a good player; I mean he’s a really good player,’’ an NBA executive told Gary Woelfel (via Woelfel’s Press Box). “And he’s young.’’

Parker is a restricted free agent, meaning the Bucks can match any rival offer he receives. One longtime NBA executive expects the 23-year-old to see a rather lucrative deal.

“I think some teams will give him $20MM [per season] and there might be some teams that will make it tough on Milwaukee to match and offer him even more,’’ the NBA official tells Woelfel.

“I think Milwaukee would like to keep him for $16MM or something around that figure, trying to use his injury situation to their advantage. But there are teams that need a big-time scorer and nobody doubts he’s a big-time scorer.’’

Another NBA executive speculated that the Sixers could make an offer for Parker should they fail to land a bigger target like James, George or Kawhi Leonard. Woelfel names the Bulls, Jazz, Pacers, Hawks, Suns, and Nets as possibilities as well.

Other NBA executives who spoke with Woelfel believe a sign-and-trade is a more likely scenario for the combo forward. That route would be Milwaukee’s preference rather than being forced to decide between signing Parker to a player-friendly contract or losing him for nothing. “It’s no secret” that the Bucks would be open to receiving an upgrade at point guard or center in such an agreement, Woelfel adds.

The Rockets and Clippers are both high on Parker and could be possibilities if a sign-and-trade were to occur, though it would be hard for Houston to complete a deal and stay under the tax apron if the team retains its own key free agents. Los Angeles and Milwaukee had discussions about Parker at last year’s trade deadline.

Parker likes Milwaukee and he reportedly paid around $1.5MM to redo the warehouse he currently lives in, according to Woelfel’s sources. Those same sources tell the scribe that despite Parker being comfortable in his current situation, it’s more likely he leaves then stays.

“He loves the people there; he loves the city,” the source said. “But I don’t see him staying there. If you’re asking me, it’s 75-25 he goes to another team.’’

Many dominos, such as James coming out of his decision cave, are likely to fall before Parker inks his next contract with a source estimating that a deal won’t take place until late-July or early-August.

Image courtesy of USA Today Sports.

Five Key Stories: 6/23/18 – 6/30/18

Don’t worry if you missed any of this week’s biggest NBA headlines, because we’ve got you covered with our Week in Review. Listed below are the most noteworthy stories from the last seven days.

LeBron James has chosen to forego the final year of his contract and not exercise his $35.61MM player option for the 2018/19 season. As a result, James will reach the open market as an unrestricted free agent tonight at midnight. Because teams like the Rockets likely needed James to opt in to his contract in order to facilitate a trade, only three suitors realistically remain for James – the Cavaliers, Lakers, and Sixers.

The Nuggets intend to sign big man Nikola Jokic to a five-year, maximum-salary contract worth approximately $146.45MM once free agency begins tonight. In order to make Jokic a restricted free agent, the team declined Jokic’s $1.6MM team option and extended a qualifying offer. Jokic, 23, could have been kept him under team control for his $1.6MM option next season, but the Nuggets chose not to do so for fear of alienating Jokic and his representatives and potentially losing him in unrestricted free agency next summer.

Approximately a week after Spurs general manager R.C. Buford told reporters that the club still hoped to smooth things over with Kawhi Leonard, it now appears that the Spurs are ready to move on, with San Antonio “fully engaged” in Leonard trade talks with a number of teams, including the Lakers, Celtics, and Sixers. The Lakers, who hope to woo James to Los Angeles, are reportedly feeling pressure to make a deal for Leonard in order to help convince James to leave Cleveland.

The league held its second annual NBA Awards Show on Monday night, with the following players taking home the following awards:

Two other notable free agents, Paul George and DeAndre Jordan, have also chosen not to exercise their player options for next season. Jordan is reportedly interested in going to Dallas, while George is likely to decide between the Thunder and Lakers. James, George, and Jordan represent a minority of players who opted not to exercise player options this year, as the market has shrunk since the salary cap boom in the summer of 2016.

Here are 10 more notable NBA headlines from the last week:

Image courtesy of USA Today Sports.