Wizards Notes: Beal, Ariza, Conley, Gasol
It was a busy night for the Wizards, who officially completed a trade that sent Otto Porter to the Bulls for Jabari Parker, Bobby Portis and a future second-round pick, then later finalized a deal to move Markieff Morris and a second-rounder to the Pelicans for Wesley Johnson.
While the pair of moves won’t necessarily make Washington a better team on the court, the financial implications are significant. The Wizards have now slipped below the luxury tax line for the 2018/19 season, which will help them avoid the repeater tax going forward.
As ESPN’s Bobby Marks observes (via Twitter), the Wizards have now saved $18.3MM toward the tax since the start of the season, sneaking just $232K below the threshold with today’s Portis and Morris deals.
Here’s more out of D.C.:
- After tonight’s trade of Porter to Chicago, the Wizards’ future now lies in the hands of Bradley Beal, writes David Aldridge of The Athletic. He suggests that owner Ted Leonsis should meet with Beal soon to find out how committed he is to the team’s future. Regardless of the answer, it will provide a road map for which moves need to be made next.
- For what it’s worth, the Wizards have no intention of moving Beal this week, sources tell Shams Charania of The Athletic (Twitter link).
- Aldridge argues (via Twitter) that there’s no point in the Wizards hanging onto Trevor Ariza and Jeff Green – a pair of veterans on expiring contracts – for the rest of the season. However, ESPN’s Adrian Wojnarowski reports (via Twitter) that there’s mutual interest between Ariza and the Wizards in extending their relationship beyond this season. That should be easier financially for the club now that Porter is off the books.
- Today’s trade with the Bulls came together quickly, tweets Candace Buckner of The Washington Post. Sources tell her that trade talks between Washington and Chicago didn’t start until today. In a full story for The Post, Buckner explores how the trade of Porter – and the subsequent trade of Morris – shook up the Wizards’ locker room.
- Before word of the Wizards’ second trade broke today, Buckner reported (via Twitter) that the team has inquired on Grizzlies trade candidates Mike Conley and Marc Gasol. It’s hard to envision Washington making a move for either player at this point.
Arthur Hill contributed to this post.
Wizards Trade Markieff Morris To Pelicans
FEBRUARY 7, 12:36am: The trade is now official, the Wizards announced in a press release.
FEBRUARY 6, 10:19pm: Washington has agreed to trade veteran forward Markieff Morris to the Pelicans, tweets Shams Charania of The Athletic. The Wizards will get Wesley Johnson in return, according to Chase Hughes of NBC Sports Washington (Twitter link).
Between this deal and one earlier tonight that shipped Otto Porter to Chicago for Bobby Portis and Jabari Parker, the Wizards have dropped below the luxury tax and won’t be subject to the repeater tax, Hughes adds (Twitter link).
Morris makes $8.6MM, while Johnson is at $6.1MM, so Washington saves $2.5MM in salary just from that trade in addition to sneaking below the tax line. Both players have expiring contracts.
The Wizards also sent their 2023 second-round pick to New Orleans, tweets David Aldridge of The Athletic. Washington received a 2023 second-rounder from Chicago in the first deal, so the team didn’t mind parting with its own.
Wizards Trade Otto Porter To Bulls
11:13pm: The trade is official, the Bulls announced on Twitter.
6:43pm: The Wizards will send Otto Porter to the Bulls in exchange for Bobby Portis and Jabari Parker, tweets Shams Charania of The Athletic.
Washington will also receive a protected future second-round pick, according to Jeff Zillgitt of USA Today (Twitter link). Jake Fischer of SI.com adds (via Twitter) that the pick will be a top-36 protected second-rounder in 2023.
The deal shapes up as a cost-cutting move for Washington, which was well into luxury tax territory for this season and was in danger of heading there again next year. Porter, who makes $27.25MM next year and has a player option worth nearly $28.5MM for 2020/21, was the most logical trade piece to provide cap relief. Injuries have made John Wall virtually unmovable as his super-max deal kicks in next season, and the Wizards don’t want to part with All-Star guard Bradley Beal.
Washington gets back a pair of players with no guaranteed salary beyond this season. Portis will be eligible for restricted free agency after turning down an extension offer from the Bulls in October. The fourth-year forward is having his best NBA season, averaging career highs of 14.1 points and 7.3 rebounds.
Parker signed a two-year, $40MM deal with Chicago last summer, but it carries a team option on the $20MM second year. He will get two months to try to impress the Wizards, but the team will almost certainly likely opt for the savings.
The trade drops Washington’s projected tax bill for this season from $8.96MM to $3.34MM and puts it $2.3MM above the tax threshold, posts Bobby Marks on ESPN Now. Marks adds that Parker’s option must be exercised by June 29, and the team must submit a $3.6MM qualifying offer to Portis by the end of June to retain the right to match any offers.
Porter, 25, will get a chance to shine in Chicago as part of the team’s young core. He’s averaging 12.6 PPG and 5.6 RPG in his sixth NBA season and recently moved into a sixth-man role in Washington.
The Wizards had pledged last week not to trade Porter or Beal, but Wall’s heel surgery, followed by a ruptured left Achilles tendon that will sideline him for at least 12 more months, apparently changed their minds, tweets Marc Stein of The New York Times. The move should create enough financial freedom for Washington to sign Tomas Satoransky and Thomas Bryant to long-term deals this summer, adds David Aldridge of The Athletic (Twitter link).
Photo courtesy of USA Today Sports Images.
NBA G League Assignments/Recalls: 2/6/19
Here are Wednesday’s assignments and recalls from the G League:
- The Nuggets recalled Jarred Vanderbilt so he could be with the team for tonight’s game against the Nets.
- The Hornets recalled Dwayne Bacon from their Greensboro affiliate.
- The Pacers recalled Ike Anigbogu from Fort Wayne.
- The Wizards recalled John Jenkins from Capital City.
Wesley Matthews Headed For Buyout; Warriors May Be Next Stop
We noted earlier tonight that the Knicks plans to begin buyout talks with Enes Kanter if he’s not traded before tomorrow’s deadline. It appears Wesley Matthews is in the same situation and may wind up with the Warriors, according to Marc Berman of The New York Post.
Matthews was acquired from Dallas last week as part of the Kristaps Porzingis trade, but he has an $18.6MM expiring contract and there’s little reason to keep him on one of the league’s worst teams. The Knicks are still hoping to work out a trade and had some interest from the Sixers before they acquired Tobias Harris, Berman adds.
Matthews was just 2 of 11 Tuesday in what the Knicks hoped would be a showcase game, but that won’t affect his popularity on the buyout market. Several teams are expected to make a run at Matthews if he becomes available, including Golden State, which a source says is “intrigued” by the 32-year-old swingman. “The biggest thing is winning,’’ Matthews said Sunday at his introductory press conference in New York, so the interest should be mutual.
Berman adds a few notes on other players:
- The trade market for Kanter remains light and a buyout appears to be the most likely resolution. “[Knicks GM] Scott [Perry] and I are working together, collaborating and seeing if something makes sense,” said Kanter’s agent, Mark Bartelstein. “If nothing happens [Thursday], we’ll put our heads together.’’
- DeAndre Jordan, who was also acquired in the Porzingis deal, doesn’t expect to be traded again. He would be happy to stay in New York and serve as a mentor to rookie center Mitchell Robinson. The Knicks have told Jordan they will consider keeping him past this season and may offer him their $5MM room exception if they use all their cap space as planned.
- Several teams have inquired about Damyean Dotson, with the Kings being the latest to call.
- New York could have three roster spots to fill with 10-day contracts by the end of the week. The team is watching John Jenkins, whose 10-day deal with the Wizards will expire on Saturday, to see if he becomes available. Jenkins had been playing with the Knicks’ G League affiliate in Westchester before his NBA call-up.
Heat Trade Tyler Johnson, Wayne Ellington To Suns
6:27pm: The trade is official, according to a tweet from the Suns.
3:49pm: Bartelstein is working with the Suns to get Ellington to a playoff contender after this deal is completed, tweets Adrian Wojnarowski. While a trade is possible, the veteran sharpshooter could also be waived.
3:30pm: The Heat are also sending Wayne Ellington to Phoenix in the trade, tweets Shams Charania of The Athletic. That makes the deal more interesting, as the Heat are now in position for significant savings this season as well as next season.
The lottery-bound Suns likely don’t have much use for Ellington, but could flip him in another trade before the deadline, as long as they don’t aggregate his salary with another player’s.
Ellington has the ability to veto a trade, so in order to sign off on the deal, he may expect Phoenix to subsequently trade or release him. He has given his approval, agent Mark Bartelstein confirms to Barry Jackson of The Miami Herald (Twitter link).
Additionally, as cap expert Albert Nahmad observes (via Twitter), Johnson will have to waive most or all of his trade bonus to make the trade work from a salary-matching perspective if Ellington’s salary is included.
2:41pm: The Heat are in agreement with the Suns on a trade that will send guard Tyler Johnson to Phoenix, reports ESPN’s Adrian Wojnarowski (via Twitter). Ryan Anderson will head to Miami in the deal, tweets John Gambadoro of Arizona Sports 98.7.
Johnson, 26, has averaged 10.8 PPG, 2.8 RPG, and 2.5 APG with a shooting line of .426/.353/.693 in 44 games (25.5 MPG) for the Heat this season. Although he has been a solid role player in Miami, Johnson’s salary far exceeds his on-court production.
Due to a back-loaded offer sheet from the Nets, which the Heat matched in 2016, the fifth-year guard is earning approximately $19.25MM this season, with a 2019/20 player option worth the same amount. His current-year cap charge will increase a little more when he’s dealt, since his contract features a 15% trade kicker. That bonus will amount to another $1MM+ on his ’18/19 cap hit, assuming he doesn’t waive it. His option year will be unaffected.
Anderson, who has a $20.4MM cap hit of his own, was the only player on the Suns’ roster making more than $11.75MM this season, making him the logical returning piece for Johnson.
The 30-year-old was traded from Houston to Phoenix during the offseason and has played sparingly for the Suns, averaging 3.7 PPG and 3.0 RPG in 15 games (18.5 MPG). While Anderson has been a lethal outside shooter in past seasons, he has hit just 20.6% of his three-pointers this season after entering the year with a 38.2% career rate.
Anderson has a $21.26MM cap charge for 2019/20, the final year of his four-year contract, but that figure is only partially guaranteed for about $15.64MM. That will save the Heat some money next year, and they could reduce Anderson’s cap hit by $10MM+ more if they elect to release him and stretch his contract by July 10.
It’s hard to imagine Anderson will have a role in a crowded Heat rotation, but the Suns presumably plan to feature Johnson. He’s not a traditional point guard, but Johnson is capable of handling the ball and Phoenix – which lacks an answer at the point – will likely give him a chance to do so.
Photo courtesy of USA Today Sports Images.
Knicks Notes: Kanter, Smith Jr., Porzingis, Valuation
If the Knicks can’t trade center Enes Kanter, buyout talks will begin as soon as the 3pm Eastern deadine passes tomorrow, tweets Adrian Wojnarowski of ESPN. Kanter, who has been unhappy with his reduced playing time, exercised his player option last summer and returned to New York on an $18.6MM expiring deal. It’s not clear how much of the remaining amount of that salary the Knicks would want him to give up to become a free agent.
Kanter has been upset with his role for much of the season, but his playing time has nosedived in recent weeks and he has drawn a DNP-CD in six of the team’s last eight games. With newly acquired center DeAndre Jordan moving into the starting lineup, there’s little hope for Kanter to ever rejoin the rotation. He has remained productive when he has been on the court, averaging 14.0 points and 10.5 rebounds in 44 games.
There’s more from New York City:
- Dennis Smith Jr. is enjoying the freedom he has with the Knicks after a year and a half of playing for the Mavericks, writes Marc Berman of The New York Post. Smith played 40 minutes last night and welcomes the chance to be freed from the micro-management of Rick Carlisle in Dallas. “I definitely feel free playing here. I love it,” Smith said. “I love going out and playing now. (Coach David Fizdale) gives that freedom to everybody on the team. I feel whenever you do that, you get guys playing hard at both ends.” Smith thought he was headed to New York after Orlando bypassed him with the sixth pick in the 2017 draft. However, the Knicks opted for Frank Ntilikina at No. 7, and Smith was taken by Dallas with the eighth pick.
- Kristaps Porzingis‘ brother, Janis, wanted a role with the organization and was seeking jobs for entourage members, Berman adds in a separate story. Janis Porzingis also staged his brother’s missed exit meeting in 2017 and insisted that the ACL surgery be performed in Madrid.
- Today’s franchise valuations from Forbes show that the Knicks don’t have to build a winner to turn a profit, points out Stefan Bondy of The New York Daily News. Even though the team hasn’t been competitive for years, its value rose by 11%, reaching the $4 billion mark. Owner James Dolan said recently he believes he could get $5 billion if he ever decided to sell the team.
Mike Conley Resisting Trade To Utah?
6:05pm: The Raptors aren’t trying to trade for Conley, while the Pistons are pessimistic that a deal will get done before the deadline, Stein tweets.
5:02pm: The Jazz are closer to working out a trade for Grizzlies guard Mike Conley, but Conley and his representatives prefer to see him sent somewhere else, according to Brian Windhorst of ESPN (Twitter link).
“Utah was making some progress in acquiring him, and I think that would have been a tremendous deal for Utah,” Windhorst said on ESPN’s “The Jump.” (video link via @The_6ix_man) “Mike Conley‘s agent has made it known that Mike Conley does not want to play in Utah. … If he’s going to be traded, he’d prefer to go the the Eastern Conference. Now Memphis is working on deals with Detroit and Toronto.”
A trade with the Raptors would mean Kyle Lowry may wind up with the Jazz, Windhorst adds. Utah has been interested in Lowry for a long time and Lowry has “a ton of respect” for Jazz coach Quin Snyder, according to Tony Jones of The Athletic (Twitter link).
The report on Conley is backed up by Marc Stein of The New York Times, who tweets that he is resisting a trade to the Jazz. Conley has no ability to block a deal — he is under contract for more than $67MM over the next two seasons — but he’s making it clear that Utah isn’t his first choice.
The Pacers continue to talk to the Grizzlies about Conley, according to Sam Amick of USA Today (Twitter link). However, Indiana and Toronto believe Memphis’ asking price is “prohibitively high.” Jones states that he heard the Pacers offered a young player and a veteran and were met with a counteroffer that they didn’t consider realistic.
A source tells Vince Ellis of The Detroit Free Press that the Grizzlies are asking the Pistons to include shooting guard Luke Kennard and a first-round pick in any package. Ellis speculates that Reggie Jackson would also be part of the deal, but notes that picking up Conley would limit Detroit’s financial flexibility going forward.
Celtics Reluctant To Make Promises But Prepared To Offer ‘Explosive’ Package For AD
The Pelicans reached out to the Celtics this week and have engaged in talks about the possible framework of a trade for Anthony Davis, reports Adam Himmelsbach of The Boston Globe.
According to Himmelsbach, the Pelicans have pushed the Celtics to make guarantees on specific packages they’d be willing to offer for Davis in the summer to ensure that if they keep the All-NBA big man at the deadline, it would be for good reason. Due to an obscure rule related to the designated rookie extension, the C’s are ineligible to acquire AD now as long as Kyrie Irving remains on the roster.
Boston has been reluctant to make any specific promises, since a lot could change in five months. However, sources tell Himmelsbach that the Celtics have made it clear that they’ll be prepared to offer an “explosive” package for Davis when the time comes, and that no player or pick will be off-limits. The club’s collection of assets includes Jayson Tatum, Jaylen Brown, Marcus Smart, and a slew of future first-round picks, including selections from the Kings, Clippers, and Grizzlies.
Himmelsbach’s report covers similar ground to one we relayed earlier today, which indicated that the Pelicans and Celtics have “extensively” discussed Tatum. Boston is understandably unwilling to promise that the former No. 3 pick will be on the table in the offseason, since the landscape could theoretically change significantly between now and then — for instance, Davis could suffer a major injury or Tatum could help lead the C’s to a championship. However, based on various reports, it sounds like the Celtics are giving the Pelicans the impression that Tatum will probably be available.
Davis’ camp has conveyed that Boston isn’t a preferred landing spot for the Pelicans star, but the Celtics are undeterred by those reports, writes Himmelsbach. There’s a belief within the organization that if Davis and Irving are united in the summer, “any unease that either of them has about the future would be washed away,” he adds.
Despite all the rumors swirling around Davis and Irving at the moment, team ownership has made it clear that the focus of this season should be on trying to win a title, per Himmelsbach. The Celtics still believe that’s possible without making any major changes, given their recent hot streak and rise up the Eastern standings.
Trade Rumors: Randle, Mirotic, Raptors, Celtics
The Pelicans remain on the lookout for potential trades involving players besides Anthony Davis, but Will Guillory of The Athletic suggests (via Twitter) that Julius Randle seems unlikely to be moved this week. According to Guillory, Randle has developed a strong bond with the coaching staff in New Orleans and the club has interest in keeping him around long-term.
Another frontcourt Pelicans player, Nikola Mirotic, remains a trade candidate, according to Kevin O’Connor of The Ringer, who names the Jazz, Trail Blazers, Nets, and Spurs as clubs that have expressed interest in Mirotic. League sources tell O’Connor that New Orleans is seeking a first-round pick in exchange for Mirotic, with one source calling the club’s asking price “excessive.”
Of course, the Pelicans gave up a first-rounder for Mirotic a year ago, but at that time they got a year and a half of team control rather than just a a half-season, and also shed Omer Asik‘s unwanted contract in the deal.
Here are more trade rumors from around the NBA:
- Although the Raptors have been linked to big names like Marc Gasol and Mike Conley, sources tell Michael Grange of Sportsnet.ca that a move around the periphery of the roster is far more likely than a major deal. Josh Lewenberg of TSN.ca confirms that a move involving Kyle Lowry is “highly unlikely,” but says the Raptors have been aggressive on the trade market and would move anyone on their roster if they feel like it makes them a better team. On the other hand, Toronto has no intention of moving Pascal Siakam unless the club gets a superstar-level return, Lewenberg notes.
- Before Thursday’s trade deadline, the Celtics may try to attach cash to Jabari Bird in a trade to lower their projected tax bill, tweets Adam Himmelsbach of The Boston Globe. However, Bird’s legal issues complicate matters. Keith Smith of Yahoo Sports (Twitter link) has heard that Boston wants the NBA to expedite a decision on Bird, but the league is in no rush to set a precedent under the CBA’s domestic violence policy.
- While Nuggets guard Gary Harris has been cited as a potential trade candidate, Matt Moore of ActionNetwork.com hears from a source that Denver hasn’t engaged in any “substantive” trade talks involving Harris and doesn’t currently plan to (Twitter link). While it’s possible that stance could change, Moore thinks the Nuggets would only consider moving Harris in a deal that lands the club a clear upgrade.