Hawks Acquire Allen Crabbe In Trade With Nets
JULY 6: A month after it was agreed upon, the Nets have officially traded Crabbe to the Hawks along with the No. 17 pick (Nickeil Alexander-Walker) and a lottery-protected first-round pick in exchange for Prince and the Hawks’ 2021 second-rounder, according to press releases from both teams.
Brooklyn will, of course, use its cap room to sign Irving and Durant.
JUNE 6: The Nets and Hawks have agreed to a trade that will send Allen Crabbe, the No. 17 pick in the 2019 draft, and a lottery-protected 2020 first-round pick to Atlanta in exchange for Taurean Prince and a 2021 second-round pick, reports ESPN’s Adrian Wojnarowski (Twitter links).
The move will allow the Nets to clear more than $17MM from their books for the 2019/20 season by swapping Crabbe’s expiring $18.5MM deal for Prince’s ($3.48MM) and clearing the cap hold for the No. 17 pick. That will put Brooklyn on track to enter the offseason with more than $47MM in cap space. The Nets will now have a clearer path to creating two maximum-salary cap slots if they’re willing to renounce D’Angelo Russell‘s cap hold.
[RELATED: Latest On D’Angelo Russell]
The fact that the Nets were willing to agree to move Crabbe so early in the offseason signals that they have big plans for that extra cap room, which is particularly intriguing given the recent rumors linking Kyrie Irving to Brooklyn. According to Wojnarowski (via Twitter), Irving is “serious” about the Nets, and Brooklyn is looking to beat out the Knicks and the rest of the NBA for top free agents this summer.
If Russell is renounced, the Nets would have enough cap space for Irving and another maximum-salary free agent, unless that player has 10+ years of NBA experience (like Kevin Durant). In that scenario, the club would have to make one more modest cost-cutting move.
Besides creating extra cap flexibility, the Nets also pick up a solid young wing with three-and-D potential in Prince. The 25-year-old has averaged 13.9 PPG, 4.3 RPG, and 2.4 APG with a .431/.387/.834 shooting line in 137 games (29.3 MPG) over the last two seasons in Atlanta. He’s extension-eligible this offseason and will be a restricted free agent in 2020 if he doesn’t get a new deal.
From the Hawks’ perspective, acquiring Crabbe in exchange for Prince and their 2021 second-round pick will allow them to pick up two extra first-round selections, which could be used to add two more young prospects to their core or could be dangled in subsequent trade discussions.
Atlanta is now armed with three top-20 picks in the 2019 draft (Nos. 8, 10, and 17). There have been rumors that the Hawks have explored the idea of packaging their two top-10 picks to move up — adding the No. 17 selection to the mix should give the club more leverage in those discussions.
Meanwhile, the on-court impact of swapping out Prince for Crabbe shouldn’t be significant, as they play fairly similar roles. While Crabbe’s lucrative contract isn’t team-friendly, he has still been a very good three-point shooter in recent years, posting a .396 3PT% since signing his four-year deal in 2016, and his deal will expire after the 2019/20 season.
The Hawks’ cap room for 2019 will be cut nearly in half by the deal, but the team still projects to have about $23-25MM in space.
As Bobby Marks of ESPN.com observes (via Twitter), the two teams won’t be able to complete the trade until July, since the Hawks won’t have the cap room necessary to absorb Crabbe’s contract until the new league year begins.
Photo courtesy of USA Today Sports Images.
Heat Acquire KZ Okpala’s Draft Rights
JULY 6: The Heat have officially acquired Okpala’s draft rights, sending the Pacers their 2022, 2025, and 2026 second-round picks, Miami announced in a press release. The deal technically became a three-team trade, having merged with the Pacers’ acquisition of T.J. Warren from the Suns.
JUNE 20: The Pacers agreed to send the No. 32 pick to the Heat, who selected Stanford small forward KZ Okpala, Adrian Wojnarowski tweets. The Pacers gained the rights to that pick earlier in the day in a trade with the Suns.
Indiana will receive three future second-round picks from Miami. The Heat had traded away their second-round pick.
Indiana also acquired forward T.J. Warren from Phoenix, which used cap room to make that deal in a salary dump. The Suns received cash considerations.
The 6’9” Okpala averaged 16.8 PPG and 5.7 RPG last season.
Suns Trade T.J. Warren To Pacers
JULY 6: The trade is official, according to an announcement from the Pacers. It became a three-team trade, with Indiana sending the rights to No. 32 pick KZ Okpala to Miami in exchange for three second-rounders.
JUNE 20: The Pacers and Suns have reached a trade agreement that will send T.J. Warren to Indiana, reports ESPN’s Adrian Wojnarowski (Twitter link). According to Wojnarowski (Twitter links), the Pacers will also acquire the No. 32 overall pick from Phoenix and will take on Warren using cap room, sending cash to the Suns to complete the deal.
The trade looks like a straight salary dump for the Suns, who will move Warren with three years and $35.25MM left on his contract. Phoenix wanted to unload Warren – who will earn $10.81MM in 2019/20 — in order to open up more cap space, per Wojnarowski.
The Suns had a logjam at the small forward position and didn’t project to have much – if any – cap room this offseason, so the trade addresses both issues, though it will cost them a pretty good draft pick and a pretty good player with little return.
Injuries limited Warren to just 43 games in 2018/19, but he was a very effective scorer when he did play, averaging 18.0 PPG, 4.0 RPG, 1.5 APG, and 1.2 SPG with a .486/.428/.815 shooting line.
Assuming Phoenix keeps the cap hold for restricted free agent Kelly Oubre on its books, the team now projects to have about $21MM in cap room once the trade is finalized in July, tweets ESPN’s Bobby Marks. That space will give the club more flexibility to go after a starting-caliber point guard on the open market, but still won’t be enough for a maximum-salary offer.
As for the Pacers, many of their key rotation players are headed for free agency this summer, so they’ll have plenty of cap room to take on Warren. Acquiring him will also reduce some of the uncertainty surrounding those free agents — the team could have a little added leverage in negotiations with the likes of Bojan Bogdanovic or Thaddeus Young with Warren now under control.
According to Marks, the Pacers will still have nearly $31MM in cap room available once the acquisition of Warren is finalized, though that projection doesn’t account for Bogdanovic’s cap hold.
[RELATED: Pacers eyeing Ricky Rubio]
Indiana now controls three picks in tonight’s draft, adding the No. 32 selection to Nos. 18 and 50. The Suns are left with just the No. 6 overall pick.
Tim MacMahon of ESPN.com first reported earlier today that the Pacers were among the teams with interest in Warren.
Photo courtesy of USA Today Sports Images.
NBA’s 2019 July Moratorium Ends
The NBA’s July moratorium has officially ended, as of 11:00am central time, meaning teams are now allowed to conduct official business. The July moratorium is the period from July 1 (or, this year, June 30) to July 6 when teams are permitted to agree to trades and free agent contracts, but can’t yet formally finalize them.
[RELATED: 2019 NBA Free Agent Tracker]
There are a number of types of deals that can be finalized during the moratorium, as we’ve seen this week. Teams can sign first-round picks to their rookie contracts, two-way contracts can be made official, and players signing minimum salary contracts can also finalize those deals. Still, most of the deals agreed upon since June 30 are not yet official.
Although the end of the moratorium signals the beginning of official business for many teams, those teams aren’t obligated to immediately finalize deals reached during the moratorium. In some cases, salary-cap machinations and intertwined trades mean that patience will be required on certain moves.
The Pistons, for instance, agreed to a trade for the rights to No. 57 pick Jordan Bone. However, before Detroit can acquire that No. 57 pick from the Sixers, Philadelphia will have to acquire it from the Hawks, who in turn have to acquire it from the Pelicans, who have to complete their Anthony Davis trade with the Lakers before dealing with Atlanta. Those trades are just some of many completed in June or early July that still need to be finalized.
[RELATED: 2019 NBA Offseason Trades]
Now that the moratorium has lifted, we’ll be updating our stories of contract and trade agreements to reflect when they become official.
For top headlines from the last week, like the deals involving Kevin Durant, Jimmy Butler, D’Angelo Russell, Al Horford, and other big-name free agents, we’ll bump those stories to the top of the site or publish new stories so you don’t miss news of them becoming official.
However, since we don’t want to bury new news amidst confirmation of old signings, our stories on smaller deals won’t be moved to the top of our feed unless there are new developments or details.
Kawhi Leonard Fallout: Clippers, Lakers, Raptors
After reaching deals late on Friday night to add Kawhi Leonard and Paul George to their roster, the Clippers are the new favorites to win the 2019 NBA title, according to the oddsmakers at BetOnline.ag. Unlike in recent years – when Golden State was the overwhelming frontrunner – the Clippers are only currently a slight favorite over the Lakers and Bucks, but it’s still a remarkable turnaround for a team that looked 24 hours ago as if it might strike out entirely in free agency.
The acquisitions of Leonard and George show how far the Clippers have come this decade, according to Jovan Buha of The Athletic, who says the organization has “arrived” as a premier destination for star players.
Meanwhile, Chris Haynes of Yahoo Sports tweets that Leonard and his camp found it “comical” that every report this week claiming to have identified Kawhi’s likely destination mentioned the Raptors or Lakers, but never the Clippers. While it’s not clear if the Clippers were always his No. 1 choice, Leonard reportedly worked hard this week to try to get George to join him in Los Angeles, as we detail in our round-up of PG13-related items.
Here are several more Kawh-related notes related to the two suitors that missed out on Leonard:
Lakers:
- As of about two hours before Leonard chose the Clippers on Friday night, his camp was asking the Lakers to delay the Anthony Davis trade until late Saturday or Sunday, according to ESPN’s Ramona Shelburne, who tweets that no specific reason was given.
- If Leonard had signed with the Lakers, he would have had to do so before the Davis trade was formally completed in order to maximize his earnings, since the AD deal would’ve cut into the Lakers’ cap room. So it’s possible he was leaving a Plan B available if the Clippers were unable to acquire George — for what it’s worth, the Clippers reportedly believed Kawhi would join the Lakers if they didn’t trade for PG13.
- It didn’t help the Lakers’ cause that a ton of specific details about Magic Johnson‘s meeting with Leonard leaked to the media, tweets Cris Carter of Fox Sports 1. I doubt that was a deciding factor for Leonard and his camp, but Carter is plugged-in with Kawhi’s group, so if he’s hearing it, it seems likely to be coming from them.
- Losing the waiting game for Leonard was a worst-case scenario for the Lakers, who missed out on a handful of potential targets during the first week of free agency as they pursued Kawhi, writes Bill Oram of The Athletic. The team has since pivoted by reaching deals with Danny Green, Kentavious Caldwell-Pope, JaVale McGee, and Quinn Cook.
Raptors:
- Leonard told his Raptors teammates via text message that he was leaving just as the news was breaking late on Friday night, according to Michael Grange of Sportsnet.ca (Twitter link).
- Losing Leonard – and starting shooting guard Danny Green – sets the Raptors on a new path, according to Blake Murphy of The Athletic, who explores what’s next for the franchise. While there will be calls to blow things up, Murphy suggests that the current Raptors should still be a playoff team, adding that Toronto may be reluctant to take on unwanted multiyear contracts in any trades, given how much money will come off its cap in 2020.
- Chris Mannix of SI.com (Twitter link) speculates that the Raptors will explore potential trades of their veterans on expiring contracts – such as Kyle Lowry, Marc Gasol, and Serge Ibaka – as they look ahead to building around young players like Pascal Siakam and Fred VanVleet.
- Eric Koreen of The Athletic acknowledges that Masai Ujiri will likely gauge the value of his veterans on the trade market, but agrees with Murphy that the Raptors are more likely to keep their roster more or less intact in a transition year.
Paul George Trade Roundup: Kawhi, Davis, Trade Request, Durant
In a shocking move early Saturday morning, the Thunder agreed to trade one of their two superstars, Paul George, to the Clippers. The move facilitated the Clippers pairing George with Kawhi Leonard, who agreed to a four-year pact with the organization earlier in the morning.
The landscape of the league has been altered with the Clippers and their crosscourt rival Lakers expected to dominate headlines this forthcoming season. The process that led to the Clippers becoming one of the NBA’s powerhouses included a lot of moving parts, a lot of communication and a heavily involved Leonard.
Before George to L.A. became a possibility, Leonard had reached out to Kevin Durant about the possibility of the duo teaming up with the Clippers, per ESPN’s Ramona Shelburne. Leonard told Durant he “admired him, and had tremendous respect for him as a competitor,” according to Shelburne. While Durant appreciated the recruitment from Leonard, he was already set on pairing with Kyrie Irving and DeAndre Jordan in Brooklyn.
Therefore, the process moved on and Leonard set his sights on pairing with another superstar: Paul George.
Here are some more tidbits on George being traded to the Clippers:
- In Shelburne’s report, she noted that Leonard’s camp attempted to delay the consummation of the Anthony Davis to the Lakers trade until “as late as Sunday.” No reason was provided to the Lakers, only that the request be honored if the organization wanted to stay in the running for his services. We had relayed that Leonard’s free agency decision was holding up a series of moves, the Davis trade being one of them.
- Shelburne also noted that Leonard, who is known for his quiet demeanor both on and off the court, took an active, engaging role during free agency. “For a quiet guy, he’s a hell of a recruiter,” one source told her. Sam Amick of The Athletic heard a similar account of Leonard’s activity during free agency: “Kawhi recruited the hell out of him,” one source told Amick. “He did a number on Paul.”
- The Thunder organization was blindsided by George’s trade request, ESPN’s Royce Young writes. It was just one year ago when George decided to forego free agency and re-sign with OKC on a long-term pact. The Palmdale, California, native had long been rumored to want to play for his hometown Lakers; now he will return home but will suit up for the Clippers.
- With George gone, the Thunder secured quite the haul their now-former superstar. While OKC had planned to compete next season, led by George and Russell Westbrook, the focus is now on a rebuild. Brett Dawson of The Athletic examined how and why the trade went down and which directions are available to the Thunder. Whether it’s dealing Westbrook and going full rebuild or trying to build a roster more suited toward their MVP’s style, OKC has a lot of decisions to make.
Warriors Sign First-Rounder Jordan Poole
The Warriors have inked 2019 first-round pick Jordan Poole to a rookie scale contract, per the NBA’s transactions log.
Selected 28th overall in this year’s draft, Poole will make approximately $1.96M in his first NBA season on a max rookie scale contract.
The Michigan product averaged 12.8 PPG and 3.0 RPG while shooting 36.9% from three-point range in his sophomore campaign.
Lakers, Quinn Cook Agree To Two-Year Deal
The Lakers have reached an agreement to sign guard Quinn Cook to a two-year, $6MM contract, reports Chris Haynes of Yahoo Sports (Twitter link). Cook became an unrestricted free agent earlier this week when the Warriors withdrew his qualifying offer.
Cook, 26, was a solid contributor off the bench for the Warriors in 2018/19, averaging 6.9 PPG, 2.1 RPG, and 1.6 APG with a .465/.405/.769 shooting line in 74 games (14.3 MPG).
However, the Dubs had little flexibility to bring back all their free agents and rotation players as a result of the D’Angelo Russell sign-and-trade deal that will hard-cap team salary at $138.9MM. Cook was one of the odd men out in Golden State, along with Andre Iguodala, Jordan Bell, and likely DeMarcus Cousins and Shaun Livingston too.
Since missing out on Kawhi Leonard, the Lakers have committed a significant chunk of their $32MM in cap room to deals for Danny Green and Kentavious Caldwell-Pope. The team also agreed to terms with JaVale McGee and appears likely to slot him into its room exception, so Cook will probably be signed using cap space as well.
Cook is the first point guard the Lakers have added this offseason to a roster that will be led by LeBron James, Anthony Davis, and Kyle Kuzma. The club also reached minimum-salary deals with swingman Troy Daniels and forward Jared Dudley.
Cook is close with James and is also friends with Davis, having played with him briefly in New Orleans in 2017, tweets Alex Kennedy of HoopsHype.
Photo courtesy of USA Today Sports Images.
Thunder Leveraged Clippers, Raptors In George Trade Talks
In what ESPN’s Adrian Wojnarowski describes as a “wild night of negotiations,” Thunder head of basketball operations Sam Presti leveraged the Clippers and Raptors off one another in Paul George trade talks as the Clippers tried to secure a commitment from Kawhi Leonard.
League sources tell Wojnarowski that the Clippers’ top decision-makers, owner Steve Ballmer, president of basketball operations Lawrence Frank, and GM Michael Winger, “harbored fears” that the Raptors and Thunder were close to reaching a deal that would have sent George to Toronto.
Those fears – and their belief that they’d get a commitment from Leonard if they could land George – prompted the Clippers to surrender a substantial package headlined by young point guard Shai Gilgeous-Alexander and five first-round picks (plus two pick swaps), which the Raptors couldn’t match.
According to Wojnarowski’s report, Presti pursued a deal with the Raptors that would have sent both George and Russell Westbrook to Toronto, with Pascal Siakam as the centerpiece of the deal. However, Raps president of basketball operations Masai Ujiri balked.
Woj doesn’t offer additional details on what the Thunder were seeking from the Raptors, but a trade would’ve had to feature significant expiring salaries (likely at least Kyle Lowry plus one of Marc Gasol or Serge Ibaka). Given the package the Thunder eventually got from the Clippers, it presumably would’ve had to include a boatload of draft picks as well.
George was believed to be willing to join the Raptors if Toronto had worked out a deal for him and if Leonard was willing to stay, according to Wojnarowski.
As Wojnarowski notes in a tweet though, the Raptors ultimately didn’t have the assets to satisfy the Thunder’s demands, with or without Siakam. In other words, Eric Koreen of The Athletic tweets, the Raptors were being used for leverage and may not have been able to reach an agreement with the Thunder even if they’d wanted to. However, the threat of a potential deal with Toronto helped Oklahoma City get the return it wanted from the Clippers.
Here’s more from Woj:
- To Leonard, the cost of a George trade for the Clippers was “immaterial,” according to Wojnarowski, who says that Kawhi believed PG13 was the co-star he needed to do battle with LeBron James and Anthony Davis in Los Angeles. The Finals MVP also had strong interest in playing for Doc Rivers, sources tell ESPN.
- The Clippers believed that if they didn’t make a trade for George, Leonard was prepared to sign with the Lakers, per Wojnarowski.
- Early in the free agent process, before the Clippers knew that George was the trade target Leonard had in mind, the team inquired on deals for Pelicans guard Jrue Holiday and Wizards guard Bradley Beal, but they weren’t available in trade talks, writes Wojnarowski.
Lakers To Re-Sign Kentavious Caldwell-Pope, JaVale McGee
The Lakers continue to act quickly in moving on to their backup plans in free agency after losing out on Kawhi Leonard. Having already reached a deal to sign Danny Green, the Lakers are also on track to re-sign Kentavious Caldwell-Pope and JaVale McGee, reports Ramona Shelburne of ESPN (Twitter links).
According to Shelburne, Caldwell-Pope is expected to sign a two-year, $16MM contract to remain in Los Angeles, while the Lakers have agreed to a two-year, $8.2MM deal for McGee.
Caldwell-Pope, who – like teammates LeBron James and Anthony Davis – is represented by agent Rich Paul, has spent the last two seasons with the Lakers, averaging 12.4 PPG, 4.0 RPG, 1.7 APG, and 1.1 SPG with a .428/.365/.824 shooting line in 156 games (28.8 MPG). He’ll join Green as the go-to three-and-D options on a roster that had initially been heavy on frontcourt players.
As for McGee, he enjoyed arguably the best season of his 11-year NBA career for the Lakers in 2018/19, averaging 12.0 PPG, 7.5 RPG, and 2.0 BPG in 75 games, including 62 as the club’s starting center.
With Green set to sign a two-year, $30MM contract, the Lakers have now committed more than half of their $32MM in cap space. ESPN’s Bobby Marks suggests (via Twitter) that L.A. will have about $11.5MM in room left after this flurry of deals, while Eric Pincus of Basketball Insiders (via Twitter) believes that number could be as high as $14.7MM, depending on how the contracts are structured.
Both of those figures assume that McGee’s contract would come out of the $4.8MM room exception, though the Lakers could theoretically use that exception on another player if McGee is re-signed using cap space.
In addition to signing Green, Caldwell-Pope, and McGee, the Lakers will also add Jared Dudley and Troy Daniels on minimum-salary contracts once their cap room has been exhausted.
Photo courtesy of USA Today Sports Images.