Missed any of this week’s biggest story lines? Don’t worry, because we’ve got it covered with our Week in Review. Listed below are some of the most noteworthy reports from the last seven days.
The Rockets signed restricted free agent center Clint Capela to a five-year, $90MM contract. The contract will contain no team or player options. Capela’s new deal falls short of the $100MM he was reportedly seeking, but considering the lack of cap space other clubs were armed with around the league, it looks like a reasonable deal for both player and team. Capela’s new deal will push the Rockets’ team salary well beyond the luxury tax line of $123.733MM.
The Cavaliers signed All-Star Kevin Love to a four-year, $120MM contract extension. As part of the agreement between Love and the Cavs, the 29-year-old big man declined his player option for 2019/20, with the first year of his new deal replacing that option. Factoring in his salary for the 2018/19 season, Love is therefore on track to earn nearly $145MM over the next five seasons. The extension includes no options and is fully guaranteed.
Clippers forward Tobias Harris reportedly turned down a contract extension offer worth approximately $80MM. Harris, 26, will now play out the final year of his current deal and become an unrestricted free agent next summer, when he will be eligible to sign a five-year, $189.7MM with the Clippers or a four-year, $140.6MM deal with another franchise.
After he officially becomes an unrestricted free agent, veteran forward Carmelo Anthony says he plans to sign with the Rockets. Anthony is now a member of the Hawks (see directly below), but Atlanta has made clear their plans to waive him. Because Houston plans to sign Anthony to a one-year, minimum-salary contract, the team will retain its $5.34MM taxpayer mid-level exception.
The three-team trade involving the Thunder, Hawks, and Sixers is now official. Anthony and Justin Anderson are now members of the Hawks, while both Dennis Schroder and Timothe Luwawu-Cabarrot are now members of the Thunder. Meanwhile, Mike Muscala joined the Sixers.
Here are 11 more notable NBA headlines from the last week:
- The Celtics traded reserve swingman Abdel Nader and cash to the Thunder in exchange for Rodney Purvis, who will be reportedly be waived by Boston.
- Antonius Cleveland, who was waived by the Hawks in order to make room for Anthony, was claimed off waivers by the Bulls.
- The Hawks and Alex Len have agreed to a deal worth a reported $8.5MM over two seasons.
- The Grizzlies traded Jarell Martin and cash to the Magic in exchange for Dakari Johnson and the draft rights to 2015 second-round pick Tyler Harvey.
- The Knicks signed former lottery selection Noah Vonleh to a one-year, partially guaranteed contract.
- It was a busy week for the Hawks, who also agreed to a one-year, minimum-salary contract with Vince Carter.
- Jabari Bird, who played on a two-way contract with Boston last season, signed a two-year, standard NBA contract with the Celtics.
- The Mavericks and Devin Harris have agreed to a one-year, minimum-salary contract.
- The Pelicans signed swingman Troy Williams to a two-year, partially guaranteed minimum-salary deal with a team option on the second season.
- Pat Connaughton and the Bucks have come to an agreement on a two-year contract worth slightly more than the minimum in each season.
- The Thunder and second-round pick Hamidou Diallo have officially reached an agreement on a reported three-year, $4MM contract.