Grizzlies, Bulls Discussed Kris Dunn, Justin Holiday Swap
The Bulls and Grizzlies have discussed a sign-and-trade for Justin Holiday that would send former top-10 pick Kris Dunn to Memphis, K.C. Johnson of the Chicago Tribune hears.
Holiday played for the Bulls last season before the team dealt him to the Grizzlies. Memphis made the December trade hoping to remain in the playoff hunt, surrendering two second-round picks to Chicago as well as Wayne Selden and MarShon Brooks (the wrong Brooks from the failed three-team trade with the Suns).
Chicago has made Dunn available in trade talks after drafting Coby White and acquiring Tomas Satoransky. Three of the team’s offseason goals were to add depth in the frontcourt, bring in point guard competition, and add outside shooting. The first two can be checked off the list.
Shooting on the wing remains on the Bulls’ wish list, Johnson adds. Holiday is a career 34.9% shooter from behind the arc.
Details On Kawhi Leonard’s Decision, Free Agent Meetings
Kawhi Leonard‘s camp spoke to the Raptors about the possibility of acquiring Paul George or Bradley Beal, Bruce Arthur of the Toronto Star reports. The franchise considered the request, though Masai Ujiri & Co. began to believe in the final days leading up to Leonard’s decision that Kawhi, who was in Toronto from Wednesday to Friday, was not serious about rejoining the defending champs.
Leonard was focused on the Clippers even as his championship run with the Raptors was ongoing, Arthur writes. His camp gauged Jimmy Butler‘s interest in teaming up with him in Los Angeles throughout the postseason and the Clippers had planned to go after the pairing. Butler ended up landing in Miami and it appeared that the title and the inability to get Butler had closed the gap between the Raptors and the Southern California franchise.
The Raptors engaged in trade talks with the Thunder, though Arthur cautions that Toronto never came close to acquiring George and writes that Russell Westbrook was not involved in those discussions. It was previously reported that Westbrook and George both could have been included in a potential package to the Raptors. Westbrook was open to the idea of playing with Leonard, Arthur hears.
Here’s more buzz surrounding the Final MVP’s decision to move to California:
- The location for the Lakers’ meeting with Leonard was switched last minute to Westlake Village and only owner Jeanie Buss and GM Rob Pelinka were there, as per Leonard’s request, Ramona Shelburne of ESPN.com tweets. Shelburne adds that Leonard met with George near that location on the same day.
- The Lakers knew their typical pitch, promising stardom and off-court fame, would not appeal to Leonard, Tania Ganguli of The Los Angeles Times details. The team stuck to basketball in their hotel meeting with Leonard, attempting to sell him on winning a championship with LeBron James and Anthony Davis. The meeting only lasted two hours.
- Leonard and his uncle spoke to Magic Johnson prior to the Lakers‘ meeting, Ganguli adds. They had questions about Johnson’s recent comments on Pelinka where Johnson accused the former agent of betraying him. Johnson responded with praise for the organization and spoke highly of the Lakers’ front office. Johnson’s comments were not brought up in the Lakers’ short meeting, Ganguli hears.
- The Lakers had no idea that Leonard wanted George as a teammate, per Ganguli. It was inconsequential, as Los Angeles had no real means of acquiring him from Oklahoma City since the club had already given up so many assets in the Anthony Davis deal.
Heat Sign KZ Okpala To Three-Year Deal
The Heat have signed second-round pick KZ Okpala to a three-year deal, per Anthony Chiang of the Miami Herald (Twitter link). The contract will be a minimum salary arrangement.
The contract will count against Miami’s mid-level exception since the franchise went beyond two seasons. All three years of the contract will be guaranteed, Ira Winderman of the Sun Sentinel tweets. As a result of making his deal a three-year pact, the Heat will own Okpala’s full Bird Rights once it expires.
Miami currently projects to be over the tax line, so the team will likely have the taxpayer’s mid-level ($5.7MM) at its disposal. Outside of Okpala, the team has not yet used any of this exception.
Okpala was selected with the No. 32 overall pick by the Suns (Phoenix had sent it to the Pacers in the T.J. Warren trade). Indiana agreed to pass Okpala’s draft rights on to the Heat in exchange for three second-round picks (2022, 2025, and 2026).
Contract Details: Magic, Lakers, Pistons, Bulls, More
The free agency deals began a week ago, but the details of those arrangements are slowly trickling in as they become official. Let’s take a look at some contract notes from players around the league:
- Nikola Vucevic’s four-year, $100MM deal with the Magic will decline by 8% annually, Jeff Siegel of Early Bird Rights tweets. Vucevic will make roughly $28.4MM in the first year of his front-loaded contract.
- Terrence Ross‘ four-year, $52MM contract with the Magic will start at $12.5MM, per Siegel. Ross will make $13.5MM during the 2020/21 season, followed by $12.5MM and $11.5MM in the two ensuing years.
- Al-Farouq Aminu will take home the full non-taxpayer’s mid-level on his deal with the Magic. He’ll make approximately $9.3MM during his first season and approximately $9.7MM and $10.2MM, respectively, over the ensuing two campaigns.
- Kentavious Caldwell-Pope‘s two year deal with the Lakers is worth approximately $16.6MM in total value. KCP can make roughly $1.2MM in annual incentives on top of that amount, a source tells Siegel (Twitter link). The shooting guard has a player option on the second year of the pact, which also has a 15% trade bonus. Since his deal could be a one-year contract (if he chooses to turn down the player option), Caldwell-Pope has a default no-trade clause.
- JaVale McGee also has a player option on the final year of his two-year deal with the Lakers, Keith Smith of RealGM tweets. McGee, who will make $8.2MM over the length of his contract, also has the ability to veto a trade.
- Markieff Morris‘ two-year deal with the Pistons contains a second-year player option, Smith tweets. Morris was signed via the bi-annual exception.
- Bruno Fernando‘s three-year deal with the Hawks is worth $4.7MM, Michael Scotto of The Athletic tweets. It appears Atlanta will be using cap space to sign the rookie.
- Tomas Satoransky final season of the three-year, $30MM deal with the Bulls is only guaranteed for $5MM, Fred Katz of The Athletic relays (Twitter link). Chicago brought the point guard to town via sign-and-trade.
Thunder Sign First-Round Pick Darius Bazley
The Thunder have signed Darius Bazley to his rookie-scale contract, according to the NBA.com transaction log. Assuming he makes 120% of the rookie scale, Bazley will take home approximately $2.3MM during the 2019/20 campaign, as our Rookie-Scale Salary post shows.
Contracts for first-round picks are four-year deals that are fully guaranteed for two seasons, followed by team options on the third and fourth year of the pact. Bazley’s full breakdown will look like this:
2019/20: $2,284,800
2020/21: $2,399,160
2021/22: $2,513,040 (Team Option)
2022/23: $4,264,629 (Team Option)
Bazley didn’t attend a university like a typical prospect. Bazley had a scholarship offer from Syracuse and he had a chance to join the G League. Instead, he spent the year on a $1MM internship with New Balance.
The Thunder will bring in the No. 23 overall pick after acquiring his rights on a draft-night trade with the Grizzlies. Oklahoma City traded away Paul George over the weekend and rumblings about a Russell Westbrook deal have surfaced. Depending on what moves GM Sam Presti opts to make during the remainder of the offseason, Bazley could be in line to see minutes immediately as a rookie.
Jazz Sign Bojan Bogdanovic To Four-Year Deal
JULY 7: The Jazz have made it official, announcing in a press release that they’ve signed Bogdanovic.
JUNE 30: The Jazz have agreed to a four-year, $73MM deal with free agent Bojan Bogdanovic, tweets Adrian Wojnarowski of ESPN.
Bogdanovic scored a career-high 18 points per game last season with Indiana, also holding career-best shooting marks of 49.7% from the field and 42.5% from 3-point range. The Jazz have agreed to trade veteran forward Derrick Favors – who has a $17.65MM non-guaranteed salary – to New Orleans to clear space for the incoming forward.
Utah plans to add Bogdanovic, a talented offensive option on the wing, to a roster that already includes the likes of Mike Conley, Donovan Mitchell, Joe Ingles and Rudy Gobert.
In addition to Bogdanovic, the Jazz also agreed to a two-year, $10MM deal with free agent forward Ed Davis.
As for the Pacers, they pivoted away from Bogdanovic – and many of their other free agents – by agreeing to acquire T.J. Warren, Malcolm Brogdon, and Jeremy Lamb.
Photo courtesy of USA Today Sports Images.
Knicks Notes: Portis, Randle, Smith Jr., Westbrook
The way free agency played out came as no surprise to newly acquired Knicks big man Bobby Portis, relays Mike Vorkunov of The Athletic. Portis said was certain in February that Kevin Durant and Kyrie Irving were planning to team up in Brooklyn for the Nets.
“We all knew that. Everybody knew that,” he said. “I just don’t think the media knew that. Us basketball players, we all knew that. … I’m not going to leak my source. But we all know where they were going.”
That decision eliminated one possibility for Portis, who wanted to play in New York. He said the Bucks, Wizards, Clippers and Lakers were among the teams that expressed interest, but his first choice was the Knicks, who needed help in their frontcourt. Portis was primarily a power forward in Chicago and a center in Washington and feels comfortable at either position.
“I’m (gonna) be playing in a beautiful city for the New York Knicks,” he said. “That’s a dream come true. … Being able to have a chance to play in Madison Square Garden for 41-plus nights, it’s a thrill. It’s what everybody dreams of as a kid. I’m ecstatic.”
There’s more today from New York City:
- A “dream come true” is also how Julius Randle described his opportunity with the Knicks to Marc Berman of The New York Post. With a three-year, $61MM deal, Randle is the only one of New York’s six free agent additions to get a contract guaranteed beyond one season. “I had a lot of options,” Randle said. “I felt this opportunity for me was the greatest opportunity. The whole fan base that’s staving and hungry to win more than (any team) in the NBA.”
- The Knicks are coming off a 17-win season and didn’t make the splash in free agency that fans were hoping for, but Dennis Smith Jr. expressed confidence to Stefan Bondy of The New York Daily News that they can be a playoff team. He cites not only an upgraded roster, but his own improved jump shot. Bondy notes that Smith is going to be challenged for the starting point guard role by the newly signed Elfrid Payton, who was drafted in Orlando by Knicks GM Scott Perry.
- Russell Westbrook‘s age, salary and lack of efficiency make him too much of a risk for the Knicks, argues Tommy Beer of Forbes. New York has been among the teams rumored to have interest in Westbrook since news of the Paul George trade broke yesterday, but its free agents signings will make it difficult to put together a deal until they’re all eligible to be traded on December 15.
Pelicans Waive Dairis Bertans
4:27pm: Bertans’ release is now official, per NBA.com’s transactions log. According to Lithuanian journalist Donatas Urbonas (Twitter link), the 29-year-old has already reached an agreement to sign with Russian club Khimki.
3:04pm: According to his agent, Arturs Kalnitis (Twitter link), the Pelicans will waive guard Dairis Bertans. Per Kalnitis’ tweet, it appears unlikely that Bertans will be claimed off waivers by another NBA team.
The news isn’t entirely unexpected, as the Pelicans would have had 17 players on standard contracts after the team’s trade for Lonzo Ball, Brandon Ingram, and Josh Hart, reported trade for Derrick Favors, and reported signings of J.J. Redick, Darius Miller, and Nicolo Melli all came through.
Teams are permitted to have as many as 20 players on their roster during the offseason, but the Pelicans didn’t have the necessary cap space to sign Redick and trade for Favors without trimming some salary from their roster. By waiving Bertans, the Pelicans now figure to be able to complete those two deals, depending on the value of the first-year salary of Redick’s new contract.
Based on my math, the Pelicans can sign Redick to a starting salary of $12,853,641 after waiving Bertans (assuming Melli is signed with the room exception). With standard 5% raises, the total value of Redick’s contract would be just under $26.35MM, which is in line with the reported $26.5MM value.
As for Bertans, the 29-year-old Latvian will likely return to Europe after his one-year stay in the NBA, where he averaged 2.8 PPG in 12 games with the Pelicans.
Southwest Notes: Chandler, Conley, Mavericks, Erman, Turner
Sources tell Tim MacMahon of ESPN that veteran big man Tyson Chandler is a likely target for the Rockets in their search for a center to backup starter Clint Capela.
Chandler, who turns 37 later this year, had an effective 2018/19 season with the Lakers as a defender, rebounder, and veteran mentor. Per MacMahon, he is known as a good locker room guy and has a strong relationship with Rockets’ point guard Chris Paul from their days as teammates with the New Orleans Hornets.
There’s more from the Southwest Division this afternoon:
- The Grizzlies will retire No. 11 in honor of longtime franchise point guard Mike Conley, per an official release from team owner Robert J. Pera.
- After missing out on Danny Green, owner Mark Cuban says that the Mavericks 2019 free agency is probably done except for an opportunistic situation like a potential offer sheet to restricted free agent Delon Wright, reports Brad Townsend of The Dallas Morning News.
- The Mavericks have since agreed to acquire Wright via S&T.
- Should they change their mind about free agency, the Mavericks no longer need to worry about the cap hold for Petteri Koponen after the league office permitted Dallas to remove the hold amount for the 2019/20 season (per RealGM transactions log).
- According to Scott Kushner of The Advocate, associate head coach Darren Erman is leaving the Pelicans coaching staff. Per Kushner, Erman remains a candidate for other NBA coaching jobs.
- Elston Turner has officially been hired as the Rockets new lead assistant coach under Mike D’Antoni, per a press release from the team. Turner previously worked for the Rockets under Rick Adelman and has spent the last three seasons in Sacramento working for the Kings under former head coach Dave Joerger.
Pelicans Acquire Derrick Favors For Two Second-Rounders
JULY 7: The Jazz have officially traded Favors to the Pelicans, according to press releases issued by both teams.
Utah’s press release features a statement from owner Gail Miller praising Favors and thanking him for his “immeasurable contributions” to the organization. Meanwhile, Pelicans head of basketball operations David Griffin said in a statement that New Orleans is “ecstatic” to acquire a “player and person of Derrick’s caliber.”
“As a selfless, 27-year old elite rim protector, with what we believe is untapped offensive potential, he is just entering his prime,” Griffin said of Favors. “We believe he will be a vital piece of our nucleus moving forward.”
JULY 1: The Pelicans will send Utah the Warriors’ 2021 and 2023 second-round picks in the swap, tweets ESPN’s Adrian Wojnarowski. New Orleans had initially acquired both picks in a draft-night deal with Golden State.
JUNE 30: The Pelicans have agreed to acquire forward Derrick Favors in a trade with the Jazz, according to Tony Jones of The Athletic (Twitter link). New Orleans will send draft picks in exchange for Favors, Jones adds.
ESPN’s Zach Lowe was first to report Utah’s desire to move Favors to New Orleans, with the two sides reaching a deal hours into the first night of free agency.
The Jazz worked to trade Favors’ contract after reaching agreement on a four-year, $73MM deal with free agent Bojan Bogdanovic earlier in the night.
Favors, 27, has spent the past nine years of his career with the Jazz. He averaged 11.8 points, 7.4 rebounds and 23.2 minutes per game last season, starting in 70 of a possible 76 games.
Photo courtesy of USA Today Sports Images.