Raptors, Spurs Finalize Leonard, DeRozan Trade
11:06am: The trade is now official, according to a press release issued by the Spurs.
8:07am: The deal will send Leonard and Green to Toronto in exchange for DeRozan, Poeltl, and a protected 2019 first-round pick, league sources tell Wojnarowski (Twitter link). Jabari Young of The San Antonio Express-News first reported Green’s inclusion in the trade (Twitter link).
Wojnarowski adds (via Twitter) that the 2019 first-round pick is protected from 1-20. If it doesn’t change hands after one year, it would turn into a pair of second-round picks instead.
The extra assets beyond Leonard and DeRozan look good for the Raptors, who will get to hang on their top two prospects in Anunoby and Siakam, and will only surrender a late first-rounder, at worst. Toronto will also add Green, a three-and-D wing who is a career 39.5% three-point shooter and is on a $10MM expiring contract.
Toronto will also create a modest trade exception equivalent to Poeltl’s $2.95MM salary in the deal.
7:15am: The Raptors and Spurs have reached an agreement in principle on a deal that will send Leonard to Toronto and DeRozan to San Antonio, reports Wojnarowski (via Twitter). According to Woj, there are more pieces involved on both sides, and players are still being informed about the deal. A trade call with the NBA is expected to happen later today.
4:53am: The Raptors are finalizing a trade to acquire Kawhi Leonard from the Spurs, Chris Haynes and Adrian Wojnarowski of ESPN report. San Antonio would receive a package headlined by DeMar DeRozan in the swap.
The Raptors and Spurs have been exploring such a trade for at least two weeks now, though Haynes adds that DeRozan was allegedly told during the Las Vegas summer league that he wouldn’t be dealt.
“Be told one thing & the outcome another,” DeRozan wrote in a story on his Instagram account early Wednesday morning. “Can’t trust em. Ain’t no loyalty in this game. Sell you out quick for a little bit of nothing.”
Neither Leonard nor DeRozan appears to be particularly pleased with the potential deal, with Haynes noting in a subsequent tweet that sources have told him that Leonard has no desire to play in Toronto. As ESPN’s Zach Lowe tweets, Leonard would risk fines and possible forfeiture of his 2018/19 salary if he’s traded to the Raptors and doesn’t report to the team, unless he can provide a legitimate medical reason.
The two clubs are said to have discussed several packages and a deal could be agreed to in principle as early as today.
With Leonard eligible to become an unrestricted free agent next summer, Raptors president Masai Ujiri is taking a substantial risk trading a committed All-Star for an outside player with eyes for Los Angeles. That said, the Thunder took a similar chance trading for Paul George last summer and it paid off when he re-signed long-term earlier this month.
Leonard, who has a 15% trade kicker, is set to earn approximately $23.1MM in 2018/19 (counting that trade bonus) before becoming eligible for free agency a year from now, so even if the Kawhi experiment doesn’t work, the Raptors could clear some long-term salary from their books in a deal. DeRozan will make $27.74MM annually for the next two years, with a player option worth the same amount in 2020/21.
Given the difference in salaries between the two stars, and the fact that the Spurs will likely receive another player or two in any deal, the Raptors may also take on another veteran to even out the ’18/19 money involved. Patty Mills ($11.57MM), Danny Green ($10MM), and perhaps even Pau Gasol ($16.8MM) would be candidates.
As we wrote yesterday, the supposed asking price for Leonard could be as high as an All-Star caliber player, high-potential young players, and draft picks. If DeRozan represents the first item on that list, it will be interesting to see what other pieces round out the offer. Toronto’s roster features a handful of intriguing young players, including OG Anunoby, Pascal Siakam, and Jakob Poeltl. The Raptors also control all their future draft picks.
At full health, a content, committed Leonard could easily justify such a substantial haul, but concerns about his quadriceps injury and his willingness to re-sign with a non-L.A. team trading for him may have diminished his value.
Although the Raptors have been prominently linked to Leonard of late, Shams Charania of Yahoo Sports notes in his own story on the potential deal that the Lakers, Clippers, Sixers and Celtics were said to be suitors as well. On Tuesday, we learned that the Nuggets, Suns, Trail Blazers, and Wizards also talked to San Antonio about a possible trade.
Given that he was limited to just nine games last season, and didn’t look like his All-NBA self, it’s hard to gauge exactly what the Raptors might expect to see from Leonard on the court. Still, he’s just one year removed from back-to-back finishes as a top-three MVP candidate and a member of the All-NBA First Team.
Those All-NBA nods allowed Leonard to qualify for a Designated Veteran Extension worth 35% of the cap with the Spurs. By the time he officially became eligible to sign such an extension this week though, the star forward’s desire to leave San Antonio was well known, making a new deal with the Spurs an extreme long shot — even if the club was willing to offer it.
Leonard will lose his eligibility for that five-year super-max deal – worth an estimated $221MM – if he’s traded. If he’s sent to Toronto and becomes a free agent next summer, Kawhi would be eligible for up to five years and nearly $190MM with the Raptors or four years and $140.6MM with another team, based on current cap projections for 2019/20.
In nine seasons with the Raptors, DeRozan has averaged 19.7 points and 4.1 rebounds per game. The 28-year-old has been named an All-Star in four of the past five seasons and played an instrumental role in Toronto’s rise up the Eastern Conference ranks the past half decade.
Per Wojnarowski (via Twitter), a Spurs/Raptors swap has been close for a few days, but has nearly fallen apart multiple times. Ujiri wanted to let DeRozan know about the impending deal himself late last night, according to Woj, who adds that DeRozan and good friend Kyle Lowry talked a few hours ago.
Photos courtesy of USA Today Sports Images. Luke Adams contributed to this post.
Early Reactions, Notes On Leonard/DeRozan Trade
The highest-profile trade candidate of the 2018 NBA offseason finally appears to be on the move, as the Raptors and Spurs have reached an agreement in principle to swap Kawhi Leonard and DeMar DeRozan. The Spurs will also acquire Jakob Poeltl and a protected 2019 first-round pick, sending out Danny Green in the deal.
It’s a fascinating trade for a number of reasons, not least of which is the apparent distaste that each star has for it. DeRozan, who was reportedly recently informed by the Raptors that he wouldn’t be traded, published an early-morning Instagram story saying that there “ain’t no loyalty in this game,” and TNT’s David Aldridge (Twitter link) hears from a source that the longtime Raptor remains “extremely upset.” DeRozan isn’t backing off the claim that the team lied to him about a potential trade, Aldridge adds.
As for Leonard, his long-reported desire has been to return home to Los Angeles, so a move to Toronto represents just about the furthest thing possible from what he wanted. While it would be a surprise if he refuses to report to his new team, a long-term stay with the Raptors beyond the 2018/19 season will be a “very tough sell,” a source tells Aldridge (Twitter link),
Here’s more on the NBA’s latest blockbuster trade:
- The Spurs are entering uncharted territory and facing an uncertain future, according to Michael C. Wright of ESPN.com, who relays a few interesting tidbits on the franchise and Leonard in his latest article.
- Sources tell Wright that Spurs head coach Gregg Popovich “begged’ Leonard to let him announce to the media last season that the star forward wouldn’t be returning from his quadriceps injury, but Kawhi declined each time, believing he could still return. Leonard already “felt betrayed” by the club’s handling of his quad issue, and the uncertainty surrounding his absence and possible return didn’t help either side.
- In a separate piece for ESPN.com, Wright breaks down the timeline of the Leonard saga, which started during the forward’s rehab process in the summer of 2017.
- Adam Himmelsbach of The Boston Globe passes along several initial thoughts on the deal, including the ripple effect the Raptors‘ acquisition of Leonard will have on other Eastern Conference contenders like the Celtics.
- This isn’t the first time that the Raptors have looked into the possibility of moving DeRozan. According to Marc Stein of The New York Times, Toronto held exploratory discussions with the Timberwolves during the 2017 offseason about a deal that would have sent DeRozan to Minnesota and Andrew Wiggins to the Raptors. Those talks likely took place before Wiggins signed his five-year, maximum-salary extension.
Nuggets Waive Isaiah Whitehead
As expected, the Nuggets have waived recently-acquired guard Isaiah Whitehead, per the NBA’s official transactions log. Whitehead had been included in the trade between Denver and Brooklyn, which sent Kenneth Faried, Darrell Arthur, and draft picks to the Nets.
Whitehead, 23, was selected by the Nets with the 42nd overall pick in the 2016 draft and spent two seasons with the club, appearing in 89 overall games. The former Seton Hall standout was a regular part of Brooklyn’s rotation in his rookie season, but saw his playing time cut back in 2017/18 as he spent more time with the Long Island Nets in the G League. Whitehead averaged 22.3 PPG, 3.8 RPG, and 3.5 APG in 30 games for the Nets’ NBAGL affiliate.
A Brooklyn native, Whitehead was disappointed to be included in last week’s trade, but there was no room for him in a Nets point guard rotation that will include D’Angelo Russell, Spencer Dinwiddie, and Shabazz Napier. Similarly, the Nuggets had no need for another point guard with Jamal Murray, Isaiah Thomas, and Monte Morris in the mix.
Whitehead’s $1.54MM salary for 2018/19 was non-guaranteed, so Denver won’t be on the hook for his cap charge. He’ll become a free agent later this week, assuming he’s not claimed on waivers.
Trail Blazers Waive Georgios Papagiannis
The Trail Blazers have waived former lottery pick Georgios Papagiannis, reports ESPN’s Adrian Wojnarowski (via Twitter). It’s the second time this year that Papagiannis will hit the waiver wire.
Papagiannis, the 13th overall pick in the 2016 draft, spent a season and a half in Sacramento but played sparingly for the Kings, averaging 4.2 PPG and 3.2 RPG in 38 games (12.4 MPG). The Kings cut their losses in February, releasing Papagiannis as part of a series of moves at the trade deadline.
The Greek center caught on with the Trail Blazers in March, but never carved out a role in Portland either. While his contract with the team covered the 2018/19 season, his $1,544,951 salary was non-guaranteed, and he always seemed likely to be waived, particularly once the Blazers decided to retain Wade Baldwin as their 15th player.
Papagiannis will become an unrestricted free agent later this week when he clears waivers, but he won’t remain on the open market for long. Wojnarowski indicates that the 21-year-old intends to sign a deal with a Greek team, and that club is expected to be Panathinaikos, as Emiliano Carchia of Sportando relayed earlier this week.
Latest On Nemanja Bjelica
Earlier today, we relayed the somewhat surprising news that despite agreeing on a one-year, $4.449MM deal with the Sixers earlier this month, free agent Nemanja Bjelica will not sign a contract with Philadelphia or any other NBA team this summer, opting instead to return to Europe for the 2018/19 season.
Jon Krawczynski of The Athletic has more details on why Bjelica chose to return to Europe, writing that the decision ultimately came down to what the 30-year-old Serbian forward believes is in the best interest of his family.
“I’m thankful for Philly for the opportunity, but I will always do what is the best for my family,” Bjelica said. “It’s not about coach or the Philly organization. Brett Brown, he’s a great guy and a great coach. The most important thing for me is family and some kind of stability.”
Bjelica and his wife have a school-age daughter and an infant son, and Bjelica did not want to uproot his family from their home in Minneapolis for the past three seasons to live in Philadelphia for the next eight months before potentially having to move again if he wasn’t able to re-sign with Sixers next summer.
It’s certainly possible, based on Krawczynski’s story, that Bjelica would have been willing and open to remain stateside if he were given a multi-year deal, but unfortunately, the free agent market this summer was largely limited to one-year contracts, with teams determined to keep as much cap flexibility as possible for next summer, when players like Kawhi Leonard, Klay Thompson, Jimmy Butler, and Kyrie Irving are all potentially free agents.
Bjelica, who was named the EuroLeague MVP in 2015, returns to Europe with NBA career averages of 6.1 points, 3.8 rebounds, and 1.3 assists per game in 192 contests.
And-Ones: Age Limit, Summer League, Hibbert, Toupane
As we’ve relayed previously, NBA commissioner Adam Silver announced during an NBA Board of Governors meetings in Las Vegas last week that the NBA is ready to make changes to its age limit, thereby potentially allowing high school seniors the opportunity to jump straight to the NBA once again.
However, according to Jonathan Givony of ESPN, teams have been told privately by league officials not to expect a change to the age limit until the 2022 NBA Draft at the earliest.
Assuming the 2022 NBA Draft allows high school players to jump directly to the NBA, players entering their freshman year of high school this fall will be the first ones to benefit from this potential rule change.
As for any trades that could be affected by this, no team has as yet traded an unprotected 2022 first-rounder, and the only one that could potentially change hands at this point was sent by the Mavericks to the Hawks in order to move up in this year’s draft and select Luka Doncic.
It will be interesting to see whether teams will be wary of trading draft picks in 2022 and beyond before a final ruling is made on this issue.
Here are a few more odds and ends from around the NBA:
- In a Q&A piece for ESPN, several different writers spoke about who they believed to be the standouts and disappointments from this year’s NBA Summer League. Wendell Carter, Kevin Knox, Shai Gilgeous-Alexander, and Deandre Ayton were among the rookies recognized, while John Collins and Josh Hart were two players who were mentioned as probably too good to have even played in this year’s summer league.
- In an interview with TMZ Sports, former NBA player Roy Hibbert says that he is done playing professional basketball, explaining that “It’s just time to move on.” Hibbert, 31, was named an All-Star as recently as 2014, but saw his impact dwindle over his last few years in the league as he got older and the game got smaller and quicker.
- French forward Axel Toupane, who appeared in 25 total NBA regular season games in 2016 and 2017, has signed with EuroLeague club Olympiacos B.C. after helping lead Zalgiris Kaunas to the EuroLeague Final Four last season, reports Emiliano Carchia of Sportando.
Nuggets Sign Thomas Welsh To Two-Way Deal
JULY 17: The Nuggets have officially signed Welsh, according to the league’s transactions log.
JULY 3: The Nuggets are expected to sign second-round pick Thomas Welsh to a two-way contract, a source tells Emiliano Carchia of Sportando.
Welsh, the 58th pick in the 2018 draft, spent his college career at UCLA, serving as the Bruins’ starting center for the last three years. In 2017/18, he averaged a double-double (12.6 PPG, 10.8 RPG) and added an outside shot to his game, knocking down 45 three-pointers at a 40.4% rate after having attempted just one in his first three seasons.
A year ago, when the NBA introduced the two-way contract for the first time, it became a common way for teams to sign late second-round picks. Five players drafted between 51-60 in the 2017 draft inked two-way deals, so it makes sense that Welsh would receive one in Denver.
In 2017/18, the Nuggets filled its two-way contract slots with Torrey Craig and Monte Morris. Morris’ two-way deal is for two years, so he’s the favorite to fill Denver’s second slot alongside Welsh next season. Craig is currently a restricted free agent.
Nets Notes: Russell, Napier, Faried, Whitehead
Nets GM Sean Marks won’t rule out the possibility of giving guard D’Angelo Russell an extension but it seems unlikely, according to Brian Lewis of the New York Post (Twitter links). “For now, we’re going to see how this group plays together, how it all unfolds…I’m not going to rule out anything,” Marks said in a news conference, adding, “As we stand now, this is the group and we have no plans to make any crazy changes, whether that’s an extension or signing or trade anyone else. But things happen quickly.” Russell will make a little over $7MM this season and the team would have to decide whether to extend a qualifying offer of $9.16MM next summer if they don’t sign him to an extension.
In other news regarding the Brooklyn franchise:
- The Nets will have to figure out how Shabazz Napier will fit into their backcourt but he’s not worried about it, Tom Dowd of the team’s website reports. The team already has Russell and Spencer Dinwiddie to play the point and Caris LeVert can also fill in at that spot. Napier was Damian Lillard‘s primary backup with the Trail Blazers last season. Napier signed a two-year contract on Tuesday. “That’s something I’m going to figure out when training camp starts,” Napier told Dowd about his role. “Right now, I’ll just continue to be who I am and come into training camp with an attitude of competing at the end of the day.”
- Brooklyn took on Kenneth Faried‘s contract in a Nuggets salary dump but Marks feels Faried can be a major contributor next season, Dowd relays in a separate story. Faried has an expiring $13.76MM contract. “I think he fits with that Brooklyn grit that we talk about in terms of how he plays; he plays with high intensity, obviously at a fast pace,” Marks said. “His game will transition well to Brooklyn and what [coach] Kenny’s [Atkinson] wanting to do here.”
- No one was more disappointed about the trade with the Nuggets than guard Isaiah Whitehead, the player shipped to Denver in the deal, as Bryan Fonseca of Nets Daily relays. Whitehead appeared in 89 games for his hometown team over the past two seasons. A source close to Whitehead sent a text to Fonseca after the trade that stated, “Being in Brooklyn meant everything to him.”
Lonzo Ball Undergoes Arthroscopic Knee Surgery
JULY 17, 7:41pm: Ball had surgery on Tuesday and is expected to make a full recovery by training camp, the team tweets.
JULY 13, 5:08pm: Lakers second-year point guard Lonzo Ball will undergo arthroscopic surgery on his left knee Tuesday, the Lakers’ PR department tweets. An update on his prognosis will be made after the surgery, the team adds.
Ball is still expected to be ready for training camp, Sam Amick of USA Today tweets.
News of the surgical procedure doesn’t come as a surprise. Ball dealt with left knee issues for a good portion of his rookie season. It was revealed late last month that Ball had torn meniscus in the knee.
The Lakers gave themselves some protection at the point guard spot by signing Rajon Rondo to a one-year, $9MM deal.
A sprained left medial collateral ligament and a left knee bruise limited Ball to 52 games in his rookie campaign. Ball was a triple-double threat every time he took the court, averaging 10.2 PPG, 6.9 RPG and 7.2 APG but shot just 36% from the field.
Bucks Sign Center Brook Lopez
JULY 17, 7:30pm: The signing is official, per team press release.
JULY 8, 2:13pm: The Bucks will sign Lakers free agent center Brook Lopez, Jordan Schultz of Yahoo Sports tweets.
Lopez will sign a one-year deal for the team’s bi-annual exception, which is worth $3.382MM, Schultz adds in another tweet.
Milwaukee already has three centers on the roster in John Henson, Thon Maker and Tyler Zeller. This will likely end Zeller’s stay with the club, as his $1.93MM salary for next season is not guaranteed.
Lopez’s NBA career began in 2008/09 with the Nets but he’s still just 30 years old. He’s developed a 3-point game in his last two seasons, first with Brooklyn and then with the Lakers. He averaged 13.0 PPG and 4.0 RPG while making 34.5% of his long-range attempts. Lopez, who started 72 of 74 games last season, averaged 20.5 PPG the previous year as a bigger part of the Nets’ attack.
His ability to space the floor should open up more driving lanes for Giannis Antetokounmpo.
The Lakers moved on from Lopez by getting a free-agent commitment from JaVale McGee and drafting Michigan big man Moritz Wagner.