Spencer Dinwiddie Set To Launch Digital Investment Vehicle
After several months of back-and-forth with the NBA, Nets guard Spencer Dinwiddie is set to launch his digital investment vehicle on January 13, reports Shams Charania of The Athletic. Dinwiddie confirmed the news on his Twitter account.
We first heard nearly four months ago that Dinwiddie intended to turn his current NBA contract into a digital investment vehicle. The plan was for investors to secure a “Dinwiddie bond” in the form of a digital token and eventually be paid back the principal amount with interest. The veteran guard would be giving up some future income on his three-year, $34MM+ deal with the Nets in order to secure smaller lump sum payments up front, which he could then immediately invest.
The NBA objected to Dinwiddie’s plan, arguing that it violated the league’s Collective Bargaining Agreement. So, as Charania explains, Dinwiddie is no longer tying the platform specifically to his NBA contract and has removed from the league’s likeness and name from the digital token. He has turned it into what he “believes to be a safe and secured investment bond,” sources tell Charania.
While Dinwiddie and his camp are confident that the new plan will appease the NBA, the league is still reviewing final proposals and documents sent by the guard’s group, per Charania. Dinwiddie has been preparing for any potential disciplinary action from the NBA, just in case.
The machinations involved in launching his digital investment vehicle haven’t stood in the way of Dinwiddie enjoying a career year on the court. He has averaged 22.4 PPG and 6.2 APG in 36 games (30.8 MPG) for the Nets, keeping the team in the playoff mix without Kevin Durant and Kyrie Irving.
If he makes this year’s All-Star Game, Dinwiddie intends to bring eight fans and investors in his digital token along with him, according to Charania.
Amick’s Latest: Bogdanovic, Drummond, OKC, Gordon, More
Bogdan Bogdanovic‘s name popped up in trade rumors at the start of the week, but the Kings still view the swingman as a key part of their push for the postseason and team sources “swear” they’re comfortable dealing with his restricted free agency this summer, sources tell Sam Amick of The Athletic. Interestingly, Amick notes that it was the Lakers, not the Kings, who initiated those reported trade discussions involving Bogdanovic and Kyle Kuzma.
According to Amick, winning is Bogdanovic’s top priority, and he’s not opposed to the idea of a long-term stay in Sacramento if the team continues to improve. If the Kings fall further out of the playoff race in the coming weeks, it’s possible both sides will become more open to a trade, but the price for Bogdanovic would be high.
Meanwhile, the Kings are also considering the possibility of a Dewayne Dedmon trade, and Amick confirms that the Hawks are among the teams with interest in the big man. However, Sacramento’s asking price for Dedmon has been too high for Atlanta’s liking so far, per Amick.
Amick’s latest Athletic article, which lists 16 top trade candidates from around the NBA, is jam-packed with noteworthy tidbits related to those players. Here are some of the highlights:
- A source with knowledge of the situation downplays the likelihood of the Hawks and Pistons agreeing on an Andre Drummond trade, according to Amick, who hears from a second source that Atlanta could already have landed the center if the team was willing to include a first-round pick in its offer.
- The Thunder have been sending “mixed messages” in trade discussions, sources tell Amick. They’re open to making moves if there’s something significant to be gained, but also aren’t opposed to standing pat, given how well they’re playing.
- “There is chatter coming from Orlando” related to forward Aaron Gordon, one executive tells Amick. However, a source with knowledge of the Warriors‘ activity gave Amick a hard “no” when asked specifically about the possibility of the Magic trading Gordon for D’Angelo Russell. Another source said a Russell deal is “unlikely” to happen this season, Amick adds.
- The Timberwolves are trying to find upgrades, one general manager tells Amick, who points to Robert Covington as the most logical trade chip to help Minnesota land that upgrade.
- While the Trail Blazers are frequently cited as a potential Kevin Love landing spot, Amick says there’s “serious skepticism” among key people close to the Blazers that the Cavaliers forward will ever end up in Portland.
- The Spurs have been gauging DeMar DeRozan‘s trade market, but the guard’s ability to walk in free agency this summer if he lands in an unfavorable spot complicates a potential deal. According to Amick, extension talks between San Antonio and DeRozan aren’t dead yet either. Based on the Spurs’ transaction history, an in-season extension might be more likely than an in-season trade.
Clippers Well-Positioned To Pursue Roster Upgrade
The Clippers‘ collection of trade assets puts them in a better position than many rival contenders to upgrade their roster at the deadline, according to one rival NBA executive who spoke to Sean Deveney of Heavy.com.
“They’re the team that’s doing more talking (than the Lakers),” the executive said of the Clippers, per Deveney. “They’re in better position. They’ve got everything you want if you’re looking to get assets back for players. They have a draft pick, they have expiring contracts they can give up, they have really good, interesting young players. They’re in a great position to help themselves.”
As Deveney observes, the Clippers have traded away a handful of future picks but aren’t prohibited from trading their 2020 first-rounder, since they still control both it and their 2021 pick. And unlike a handful of other contenders, they have a movable contract in the mid-level range — Maurice Harkless is making $11MM in the last year of his contract, and while he has been a solid defender for Los Angeles, his offensive game is limited.
The Clippers are actively seeking help at power forward, according to Deveney, who notes that the team has at least expressed interest in Thaddeus Young (Bulls) and Marcus Morris (Knicks). Sources tell Deveney that the Clips believe they have the necessary assets to make a deal for Morris if they so choose, but will continue to scour the trade market.
While Harkless and a first-round pick would be a strong enough package for an upgrade, the Clippers also have young players who may intrigue teams. Even if the club isn’t willing to move Montrezl Harrell – who will be an unrestricted free agent at season’s end – or Landry Shamet, players like Jerome Robinson and rookies Terance Mann and Mfiondu Kabengele could appeal to trade partners.
“Both of those guys are NBA players,” that same exec told Deveney, referring to Mann and Kabengele. “We had a lot of discussion about both of them at the draft, they’re strong, NBA bodies, they play both ways. How good? That would be the question, but they’re both NBA players.”
The Clippers have four more weeks to make a deal before the February 6 trade deadline.
Wendell Carter Jr. Expected To Miss 4-6 Weeks With Ankle Injury
9:19pm: The Bulls have provided an update on Carter, announcing that he is expected to be on the shelf for four-to-six weeks due to a severe right ankle sprain. If he misses a full six weeks, Carter won’t be back in Chicago’s lineup until after the All-Star break.
4:17pm: The Bulls are expected to be without second-year big man Wendell Carter Jr. for multiple weeks, according to Shams Charania of The Athletic, who reports (via Twitter) that an MRI revealed a high right ankle sprain for Carter.
The team has yet to issue an official update of its own, and Charania notes that Carter will be evaluated daily. However, K.C. Johnson of NBC Sports Chicago also hears that it’s a “serious” sprain for Carter and that the injury will be a week-to-week issue rather than a day-to-day one.
Although Carter is only 20 years old, he has been a stabilizing presence in Chicago’s frontcourt, nearly averaging a double-double (11.7 PPG, 9.9 RPG) and anchoring a surprisingly strong defense.
With Carter starting the club’s first 37 games and averaging 30.0 minutes per contest, the Bulls have the eighth-best defense rating in the NBA. The team clearly missed him on Wednesday, surrendering 123 points and recording a 120.6 defensive rating vs. the Pelicans.
With Carter on the shelf, it appears the Bulls will roll with Thaddeus Young as a frontcourt starter alongside Lauri Markkanen. Rookie Daniel Gafford should also see an increase in playing time, with little-used center Luke Kornet perhaps getting a longer look as well.
NBA G League Assignments/Recalls: 1/9/20
Here are Thursday’s G League assignments and recalls from around the NBA:
- The Pacers assigned Victor Oladipo to the Fort Wayne Mad Ants for practice as part of his injury rehab, per the team (Twitter link). Oladipo is targeting a January 29 return to action.
- The Magic assigned swingman Melvin Frazier to the G League, according to the team (Twitter link). Frazier has bounced back and forth between the NBA and NBAGL this season, with 11 appearances for Orlando and three for Lakeland.
- After re-signing him to a 10-day contract today, the Cavaliers sent Tyler Cook to the Canton Charge, the team noted in a press release. We have more on Cook’s new deal right here.
- The Clippers assigned rookies Mfiondu Kabengele and Terance Mann to the G League, the club announced today. The Agua Caliente Clippers of Ontario are in action on Thursday night and both Kabengele and Mann are in the starting lineup for L.A.’s affiliate.
- According to the G League’s assignment log, the Sixers sent Zhaire Smith to the Delaware Blue Coats today, while the Jazz assigned Miye Oni to the Salt Lake City Stars.
Northwest Notes: Towns, Thunder, Nuggets
Timberwolves head coach Ryan Saunders indicated during Thursday’s shootaround that Karl-Anthony Towns could be back in the lineup tonight, as Chris Hine of The Star Tribune relays. However, Saunders said during warmups that Towns’ return will be postponed by at least one more game since the club wants to make sure he’s fully ready (Twitter link via Jon Krawczynski of The Athletic).
Towns, who is dealing with a left knee injury, hasn’t suited up for the Timberwolves since December 13 after putting up some of the league’s best numbers in his first 23 games. While Minnesota initially struggled without its star, the team has won four of its last seven contests to remain in the playoff hunt.
With the 16-20 Spurs holding the No. 8 seed, the 14-22 Timberwolves are just two games back, and will look to make a push once Towns returns. Based on Saunders’ comments, it sounds like there’s a decent chance that could happen on Saturday in Houston.
Here’s more from around the Northwest:
- The July trade that sent Russell Westbrook to Houston for Chris Paul was interpreted at the time at the latest signal that the Thunder were entering rebuild mode. Instead, the blockbuster deal has been a bonanza for an Oklahoma City team that comfortably holds a playoff spot, writes Berry Tramel of The Oklahoman.
- After being drafted by the Nuggets in 2014, Nikola Jokic spent one more year overseas before joining Denver for the 2015/16 season. Using that example as a launching point, Nick Kosmider of The Athletic takes a deep dive into the Nuggets’ approach to the “draft-and-stash,” noting that the club views it as more of a “draft-and-nurture” process.
- In his latest mailbag for Nuggets.com, former Hoops Rumors writer Eric Spyropoulos explores the Nuggets’ wing rotation and the latest on rookie center Bol Bol.
Magic Apply For Two Disabled Player Exceptions
The Magic have applied for a pair of disabled player exceptions, according to Shams Charania of The Athletic, who reports (via Twitter) that the team has requested DPEs for both Al-Farouq Aminu and Jonathan Isaac.
As we outline in our glossary entry on the disabled player exception, a team can apply for a DPE to replace a seriously injured player. In order for the exception to be granted, an NBA-designated physician must determine that the player is “substantially more likely than not” to be sidelined through at least June 15 of the current league year.
The Magic haven’t announced specific recovery timetables for Aminu and Isaac, simply ruling both players out indefinitely. The club said last Thursday that Isaac’s knee injury would be re-evaluated in eight-to-10 weeks and said yesterday that Aminu’s knee injury would be re-evaluated in 12 weeks.
If the NBA determines that both players are likely to be sidelined through June 15, the resulting disabled player exceptions would allow the Magic to sign replacement players for 50% of the injured players’ salaries. A DPE, which doesn’t give a team an extra roster spot, can also be used to acquire a player on an expiring contract via trade or waivers if his salary fits into the exception.
A disabled player exception for Aminu would be worth $4,629,000, while one for Isaac would be worth $2,903,220.
The Magic are far enough below the tax line that they could safely use one or both of those exceptions to make a play for a free agent. I wouldn’t expect Orlando to be a top choice for the highest-profile veterans on the buyout market this winter, so the club’s ability to offer well above the minimum could come in handy when recruiting those players.
The deadline to use a disabled player exception is March 10. The Wizards, Pelicans, Trail Blazers, Lakers, and Nets all have DPEs available.
Atlantic Notes: Portis, Celtics, Fall, Sixers, Kurucs
Knicks forward Bobby Portis was ejected from Tuesday’s game against the Lakers for a vicious swipe that knocked Kentavious Caldwell-Pope out of the game. Portis was fined $25K for “recklessly making contact” above KCP’s shoulders (he hit him in the head) and the big man has apologized for the incident.
“It wasn’t intentional at all,” Portis said (via Alex Smith of SNY.tv). “Went for the ball. Apologies to Caldwell-Pope. Happy to see him back on the court doing his thing. My intent is never to hurt anyone or anything. Just tried to make a play on the ball, missed the ball, and hit him in the head.
“Like I said, that’s not my intent to hurt anybody, but I do apologize and I am sincere for it.”
Portis, who signed a two-year deal with a team option on the 2020/21 campaign this past offseason, could be on the move in the coming weeks — at least one recent report indicated that he has drawn some trade interest.
Here’s more from out of the Atlantic:
- A year ago, a surprisingly strong Kings’ season meant that the first-round draft pick they sent to the Celtics wasn’t as valuable as initially believed. That may happen to the C’s again in 2020 with the pick the Grizzlies owe them. Nick Goss of NBC Sports Boston explores how Memphis’ recent hot streak has affected the value of that top-six-protected first-rounder.
- In an interview with ESPN (video link), beloved Celtics rookie Tacko Fall spoke about his road to the NBA and how he has adjusted to fame.
- Derek Bodner of Rich Hofmann of The Athletic preview the Sixers‘ trade options and examine whether Matisse Thybulle should be viewed as untouchable. Their verdict? Moving Thybulle should only be considered if the team has a chance to acquire an impact player in a major deal.
- Prosecutors from Brooklyn’s District Attorney’s Office turned over the evidence against Nets forward Rodions Kurucs this week in his domestic violence case, writes Andrew Denney of The New York Post. Kurucs, who is facing a series of charges that include third-degree assault and second-degree harassment, is due back in court on February 11.
Chris Crouse contributed to this post.
Joel Embiid Undergoing Hand Surgery, Out At Least 1-2 Weeks
5:17pm: Embiid will undergo surgery on his left hand in New York tomorrow and will be re-evaluated in one or two weeks, according to the Sixers.
4:27pm: Sixers star center Joel Embiid has suffered a torn radial collateral ligament of the fourth metacarpal in his left hand, the team announced today in a press release. According to the 76ers, there’s no return timetable set for Embiid, who is evaluating potential treatment options.
Embiid, 25, had been his usual dominant self through 31 games for the Sixers, posting 23.4 PPG, 12.3 RPG, and 3.3 APG while anchoring one of the league’s best defenses and staying relatively healthy. However, he dislocated his left ring finger during Monday night’s game and it now appears that injury is a little more serious than initially feared.
Asked tonight whether Embiid would be out for the “foreseeable future,” head coach Brett Brown cautioned that it’s still too early to jump to conclusions.
“I don’t know about the foreseeable future,” Brown said, per Derek Bodner of The Athletic (Twitter links). “It is disappointing for him not to play tonight, of course. … We’ll learn more, all of us, very soon.”
We’ll wait for an official update on how the Sixers and Embiid intend to treat the injury, but if the big man does miss some time, his absence figures to put more pressure on Ben Simmons to be the club’s primary play-maker and force Al Horford to play more minutes at the five.
Kyle O’Quinn could also see regular minutes, with little-used bigs like Norvel Pelle and Jonah Bolden sliding up on the depth chart as well.
Cavs Sign Tyler Cook To 10-Day Contract
After releasing Alfonzo McKinnie and Tyler Cook earlier this week, the Cavaliers have now brought back both players on 10-day contracts. Cleveland announced its new 10-day deal with Cook this afternoon in a press release after re-signing McKinnie earlier in the day.
Cook, 22, has spent most of his rookie season playing for the Cavs’ G League affiliate, the Canton Charge, as part of a two-way contract. He averaged 12.6 PPG and 6.1 RPG in 15 NBAGL games (20.7 MPG) before being briefly promoted to the 15-man roster. Cleveland converted his two-way pact to a standard deal on January 3 before waiving him on January 6. While he was only on his standard contract for a few days, he received a $50K partial guarantee.
Cook and McKinnie had non-guaranteed contracts that would have become fully guaranteed if they had remained on the roster through Tuesday. By waiving them and bringing them back on 10-day deals, the Cavaliers will retain some financial flexibility. McKinnie’s 10-day pact will count against the cap for approximately $92K, while Cook’s will be worth just $51K.
[RELATED: 10-Day Contract Tracker]
Cleveland will also have some roster flexibility as a result of the new deals. The 15-man roster is full for now, but if the team wants to open up a spot or two to accommodate a trade before the deadline, it can simply opt not to re-sign McKinnie and/or Cook when their 10-day contracts expire. Both deals will run through January 18.