Rockets, Grizzlies Swap Jordan Bell, Bruno Caboclo
7:18pm: The trade is official, the Grizzlies and Rockets announced in a pair of press releases.
12:22pm: The Rockets have agreed to trade newly-acquired center Jordan Bell to the Grizzlies in exchange for Bruno Caboclo, tweets ESPN’s Adrian Wojnarowski.
The Grizzlies will receive a potential second-round pick swap as well, with Memphis having the choice to trade the least favorable of the Mavericks’ and Heat’s 2023 selections for Houston’s 2023 second-rounder as long as the Rockets’ pick isn’t No. 31 or 32, a source tells Wojnarowski (Twitter link).
Bell, 25, came to Houston in the four-team trade that was completed last night. He appeared in 27 games for the Timberwolves this season, averaging 3.1 points and 2.9 rebounds per night.
Caboclo, 24, was in his second season in Memphis, averaging 2.8 PPG and 2.0 RPG in 22 games. He was in training camp with Houston in 2018, but was waived before the start of the season.
The Rockets have been targeted Caboclo for a while and believed they had a good chance to acquire him on the day Gary Clark was waived last month, according to Jonathan Feigen of The Houston Chronicle (Twitter link).
Both teams will generate trade exceptions for their outgoing players and add their incoming players under the minimum exception, tweets Jeff Siegel of Early Bird Rights. Bell is making $1,620,564 this season, while Caboclo earns $1,845,301.
Heat Acquire Iguodala, Crowder In Three-Team Trade
7:10pm: The trade is now official, according to press releases from the Timberwolves, Heat, and Grizzlies. Minnesota became part of the deal by agreeing to acquire Johnson for Gorgui Dieng, as we outlined in a separate story, making it a three-team trade.
11:16am: The Grizzlies and Heat have agreed to a trade that will send Andre Iguodala, Jae Crowder, and Solomon Hill to Miami in exchange for Justise Winslow, Dion Waiters, and James Johnson, reports ESPN’s Adrian Wojnarowski (via Twitter). No draft picks will be included in the deal.
Shams Charania of The Athletic (all Twitter links) first reported that Crowder, Hill, and Waiters would be involved in the trade, which broke last night.
There’s still time for the agreement to be expanded to include the Thunder and Danilo Gallinari, but those talks between Oklahoma City and Miami have “fully stalled,” according to Woj (Twitter link).
The Heat were hoping to fold an acquisition of the veteran forward into the trade, perhaps extending his contract in the process. However, Wojnarowski tweets that the Grizzlies and Heat are focusing on officially finalizing a two-team deal for now, with Miami still unable to reach an agreement for Gallinari.
Barry Jackson of The Miami Herald has heard similar rumblings, tweeting that Crowder and Hill could be re-routed to Oklahoma City if the deal is expanded to include Gallinari, but for now Hill is under the impression he’ll end up in Miami, along with Crowder.
Even if the Heat can’t land Gallinari, they’ll add three veterans capable of playing rotation roles in Iguodala, Crowder, and Hill. Although Iguodala hasn’t appeared in a game at all since being traded from Golden State to Memphis in July, he played key minutes on the Warriors’ championship teams in recent years and will be well-rested for the stretch run.
As we detailed in a previous story, Iguodala and the Heat have reached an agreement on a two-year, $30MM contract extension as part of the trade. The second season of Iguodala’s extension will reportedly be a team option, allowing Miami to retain its financial flexibility to participate in a loaded free agent class in 2021. The Heat are expected to guarantee the second season of Iguodala’s deal for if they miss out on their top free agent targets in ’21, per Wojnarowski (Twitter link).
Crowder and Hill, meanwhile, have helped the Grizzlies exceed expectations and compete for a playoff spot this season. Crowder has started 45 games, averaging 9.9 PPG and 6.2 RPG and playing strong perimeter defense, while Hill has averaged 5.7 PPG with a .381 3PT% in 48 games (18.8 MPG).
The trade will also help the Heat out financially, since they’re sending out more money than they’re taking back. ESPN’s Bobby Marks tweets that Miami is now $3.4MM below its hard cap and reduced its projected tax bill by nearly $3.7MM. That could allow the Heat to be a player in the buyout market, though the team still has a full 15-man roster.
The franchise also cleared a significant amount of salary for 2020/21 in the deal, though Iguodala’s extension cuts into that newfound flexibility a little.
As for the Grizzlies, they’ll take on three pricey multiyear contracts in exchange for their three expiring deals. Having also extended Dillon Brooks on Wednesday, Memphis has gone from having $50MM in projected cap room to likely being over the cap this summer, tweets Jeff Siegel of Early Bird Rights.
Winslow is the prize of the deal for Memphis. The former lottery pick is under contract for $13MM annually through 2021/22, with a team option on the final year. Winslow has flashed tantalizing upside as a ball-handler and defender, but injuries have limited him to just 11 games this season. He’s currently sidelined with a lower back bone bruise.
Johnson and Waiters are on oversized contracts — Johnson is earning $15.35MM this season with a $16.05MM player option for 2020/21, while Waiters is owed $12.1MM this season and $12.65MM next year. Memphis’ willingness to take on those deals signals that the team is willing to roll over its cap room to 2021.
Both Johnson and Waiters have spent much of the season in the doghouse in Miami, but Johnson has at least appeared in 18 games, averaging 5.7 PPG and 2.9 RPG on .448/.356/.571 shooting in 15.6 minutes per contest.
Photos courtesy of USA Today Sports Images.
Nuggets Trade Napier To Wizards For McRae
6:56pm: The Nuggets have officially announced their swap of Napier for McRae, issuing a press release to confirm the deal is done.
1:13pm: The Nuggets are trading newly-acquired point guard Shabazz Napier to the Wizards in exchange for guard Jordan McRae, reports Candace Buckner of The Washington Post (Twitter link).
Both players have expiring contracts ($1.6MM for McRae and $1.8MM for Napier), and the Nuggets will get early Bird rights when McRae hits free agency this summer, tweets Bobby Marks of ESPN.
Napier came to Denver from Minnesota in the four-team deal that was completed last night. He averaged 9.6 points and 5.2 assists in 36 games in his first season with the Timberwolves. He provides depth at point guard if John Wall winds up missing the rest of the season.
McRae gives the Nuggets another instant-offense option off their bench to help make up for the loss of Malik Beasley. In his second season in Washington, McRae was averaging 12.8 PPG and shooting 37.7% from 3-point range through 29 games.
McRae has missed the past four games with an injured right ankle, but is expected to be ready tomorrow, tweets Mike Singer of The Athletic. McRae can handle both backcourt spots and the Nuggets gave up a player they didn’t really need, adds Nick Kosmider of The Denver Post (Twitter link).
LeBron, Giannis Draft Their All-Star Teams
Thursday night’s NBA All-Star draft has concluded, with captains LeBron James and Giannis Antetokounmpo making their selections.
James surprised no one by taking Anthony Davis No. 1 overall. Giannis followed that up by selecting Joel Embiid. The two stars went back-and-forth selecting from the pool of starters with the Lakers’ star picking all of the Western Conference players that were voted in and the reigning MVP picking all of the Eastern Conference players.
In the second round, Team Giannis’ first pick was teammate Khris Middleton. LBJ’s first selection of this group was Damian Lillard, who will reportedly put on a rap performance during All-Star weekend.
Up until the selection of Ben Simmons, both Antetokounmpo and James had stayed within their respective conferences with their picks. After it was all said and done, each side will only have three players from the opposing conference. Here’s a full recap:
Team Giannis
- 2: Joel Embiid
- 4: Pascal Siakam
- 6: Kemba Walker
- 8: Trae Young
- 9: Khris Middleton
- 11: Bam Adebayo
- 13: Rudy Gobert
- 15: Jimmy Butler
- 17: Kyle Lowry
- 19: Brandon Ingram
- 21: Donovan Mitchell
Team LeBron
- 1: Anthony Davis
- 3: Kawhi Leonard
- 5: Luka Doncic
- 7: James Harden
- 10: Damian Lillard
- 12: Ben Simmons
- 14: Nikola Jokic
- 16: Jayson Tatum
- 18: Chris Paul
- 20: Russell Westbrook
- 22: Domantas Sabonis
Warriors Trade Alec Burks, Glenn Robinson III To Sixers
FEBRUARY 6: The trade is now official, according to press releases from the Warriors and Sixers. Philadelphia waived Trey Burke in a corresponding move, as we noted earlier. The team created the other roster opening by sending James Ennis to Orlando.
FEBRUARY 5: The Warriors and Sixers have agreed to a trade that will send Alec Burks and Glenn Robinson III to Philadelphia, reports Shams Charania of The Athletic (Twitter link).
According to Charania (Twitter link), the 76ers will send Golden State a trio of second-round picks in the deal. Those three picks are Dallas’ 2020 second-rounder, Denver’s 2021 second-rounder, and Toronto’s 2022 second-rounder, per ESPN’s Adrian Wojnarowski (Twitter link).
The 76ers have a full 15-man roster, so they’ll have to move a pair of players to accommodate the new additions. They’re working on possible trades to clear those roster spots, but will waive two players at the deadline if necessary, tweets Wojnarowski.
No salary-matching is required in the deal, since both Burks and Robinson are on one-year, minimum-salary contracts and can be taken on using the minimum salary exception.
Sixers general manager Elton Brand had been on the lookout for players who could provide the team with reliable depth and outside shooting, and Burks and Robinson should fit nicely. Both wings have played increased roles for the injury-plagued Warriors this season, with Burks averaging a career-best 16.1 PPG with 3.1 APG and a .375 3PT% in 48 games (29.0 MPG), while Robinson has put up a career-high 12.9 PPG and 4.7 RPG on .481/.400/.851 shooting in 48 games (31.6 MPG).
Philadelphia didn’t have expendable players on mid-level-type salaries to make a run at higher-priced trade candidates, so the team made use of its cache of second-round selections to acquire a pair of low-cost veterans. Even after surrendering three future picks in this deal, the Sixers still control a handful of valuable second-round selections, including the Hawks’ and Knicks’ 2020 second-rounders.
As for the Warriors, they’ve rebuilt their own collection of future draft picks in recent weeks, having now acquired a total of four second-rounders for role players Burks, Robinson, and Willie Cauley-Stein. The moves have also helped Golden State inch closer to the tax line for the 2019/20 season.
As Jeff Siegel of Early Bird Rights details (Twitter link), the Dubs are still slightly over the luxury tax threshold, and will move further into tax territory once they sign replacement players. But they’re at the point where they’ve greatly reduced their projected end-of-season bill and could even sneak out of the tax if they move another player or two on Thursday.
The Warriors will have just 11 players under contract once this trade goes through. The team will have to sign at least one player by Saturday, according to Anthony Slater of The Athletic (Twitter link), who suggests Marquese Chriss is a strong candidate to be promoted to the 15-man roster. Golden State will subsequently have to add two more players to get to the NBA-mandated minimum of 14 later this month.
Photo courtesy of USA Today Sports Images.
Mavericks Attempted To Acquire Danny Green
As the trade deadline approached, it seemed Marcus Morris was heading to Los Angeles one way or another; it was just a matter of if it was going to be the Lakers or the Clippers. It ended up being the latter in a deal that saw Maurice Harkless and a 2020 first-round pick, among other pieces, head to New York.
[RELATED: Clippers to acquire Marcus Morris in three-team trade]
Had the Lakers found success with obtaining Morris, the Mavericks would have attempted to take Danny Green off their hands, according to Brad Townsend of the Dallas Morning News (Twitter links).
As Ramona Shelburne of ESPN tweets, New York was looking to acquire both Kyle Kuzma and Green in talks with the Lakers, who would have had to salary-match Morris’ $15M contract. The Knicks would’ve then flipped Green to Dallas. However, the Lakers were unwilling to part with both Kuzma and Green.
Dallas pursued Green over the summer. The shooting guard decided to sign with the Lakers over Mark Cuban‘s squad. He’s making $14.6M this season and will take home $15.4M next year.
To trade for Green, the Mavericks would have had to give up Courtney Lee‘s expiring contract and Golden State’s 2020 second-round draft pick, a source tells Townsend (Twitter link). That pick currently projects to be 31st overall.
Blazers Trade Skal Labissiere, Cash To Hawks
5:18pm: The Hawks have officially announced the acquisition of Labissiere and cash. They traded their 2024 second-round pick (top-55 protected) in the swap, according to a press release. Meanwhile, Hollinger clarifies (via Twitter) that the exact amount of cash headed to Atlanta is $1,759,795.
12:40pm: The Hawks are accommodating another minor salary dump, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that the Trail Blazers are sending big man Skal Labissiere and cash to Atlanta. The Hawks will also receive $1.9MM in cash from Portland to take Labissiere off its hands, John Hollinger of The Athletic tweets.
The Blazers will receive token consideration from Atlanta to legally execute the deal, likely a top-55 protected second round pick, Hollinger adds.
Atlanta is creating two roster spots this week. The Hawks are shipping out Alex Len and Jabari Parker to Sacramento while agreeing to re-acquire center Dewayne Dedmon and also waived Nene after acquiring the veteran big man from Houston as part of a four-team deal.
Labissiere has appeared in 33 games with Portland this season, averaging 5.8 PPG and 5.1 RPG in 17.2 MPG. He hasn’t played since December 28 due to a left knee articular cartilage lesion but the Hawks plan to keep the 23-year-old power forward, according to Chris Kirschner of The Athletic (Twitter link).
The deal will shave $3.8MM off Portland’s luxury tax bill, Bobby Marks of ESPN tweets. The tax bill is now down to $5.9MM while also opening up a roster spot, Marks adds.
The Hawks agreed to a similar acquisition with the Clippers on Tuesday involving guard Derrick Walton. Atlanta essentially rented out cap space to execute these types of moves before making the Dedmon trade official.
Grizzlies Don’t Intend To Retain Dion Waiters
The Grizzlies will receive Dion Waiters in the three-way trade with the Heat, though they do not plan on keeping the guard. According to Chris Haynes of Yahoo Sports (Twitter link), a buyout agreement or outright release is “on the horizon” for Waiters.
The former No. 4 overall pick had issues with the Heat prior to the trade. He’s been suspended three times this season, including one for conduct detrimental to the team and one for rules violations. Even when he was available, he wasn’t part of the team’s rotation, appearing in just 42 total minutes over three games.
Waiters is on a fully guaranteed contract worth $12.1MM this season and $12.65MM in 2020/21, so the Grizzlies will have to take on a sizable chunk of dead money to move on from him. His ’20/21 cap hit could be stretched across three seasons, but Memphis probably prefers to keep it limited to one year.
Justise Winslow is the lone Heat player in the trade who will actually play for Memphis. The franchise re-directed James Johnson to Minnesota, picking up Gorgui Dieng before the deadine.
Celtics Made Strong Offer For Davis Bertans
The Celtics made several strong offers to the Wizards for Davis Bertans, Chris Mannix of Sports Illustrated tweets. However, general manager Tommy Sheppard & Co. weren’t convinced to make a deal.
As we previously reported, the Wizards intend to keep Bertans long-term. Washington would like to re-sign the stretch four, who they believe will add spacing to the John Wall–Bradley Beal duo on the court.
There were reports that the Wizards wanted two first-round picks if they were to part with Bertans, who will be a free agent after the season. Adam Himmelsbach of the Boston Globe (Twitter link) hears that two first-round picks may not have even been enough to pry the forward from Washington. Boston was uninterested in paying that price tag anyway, the scribe adds.
Bertans has spoken openly about how he likes the Wizards’ organization. The feeling is mutual and it would be shocking if he plays anywhere other than Washington next season.
Warriors Trade D’Angelo Russell To Timberwolves
The Warriors have officially traded star guard D’Angelo Russell to the Timberwolves, the teams announced in a pair of press releases. Minnesota has also acquired big man Omari Spellman and guard Jacob Evans along with Russell.
In exchange, Golden State receives swingman Andrew Wiggins, a protected 2021 first-round pick, and a 2021 second-round pick. The 2021 first-rounder headed to Golden State will be Minnesota’s own top-three protected pick. It would become unprotected in 2022 if it doesn’t convey next year.
The Wolves’ acquisition of Russell represents the culmination of a pursuit that dates back at least to the 2019 free agent period, when the team made D-Lo its top target and offered him a lucrative four-year contract. Minnesota had hoped to pair the All-Star guard with his good friend Karl-Anthony Towns, but were passed over when the Warriors swooped in with a four-year, max-salary offer. Seven months later, Timberwolves president of basketball operations Gersson Rosas got his man.
The blockbuster deal comes at a good time for the Wolves, who have struggled mightily since their 10-8 start, and for Towns, who – after Wednesday’s game – publicly expressed his frustration with all that losing. Towns was also believed to be disappointed by the departure of Robert Covington, who was one of his best friends on the team, so Minnesota will hope that the arrival of Russell can help rejuvenate the big man’s enthusiasm — and get the Wolves a few more wins down the stretch.
The Timberwolves will now enter the summer with a pair of 24-year-old cornerstones on long-term contracts, as Russell is locked up through 2023 and Towns through 2024. They also still have their own 2020 first-round pick, as well as Brooklyn’s lottery-protected first-rounder. So they’ll have the opportunity to bring in a pair of promising prospects or use those picks in trades to further upgrade the roster.
The deal does put the Wolves slightly into tax territory, ESPN’s Bobby Marks reports (via Twitter), so another move could be forthcoming.
Meanwhile, it’s a fascinating pivot for the Warriors, who were said to be seeking a first-round selection in 2021 rather than 2020, since next year’s draft class is expected to be stronger than this year’s. The Wolves reportedly put their own 2020 protected pick and Brooklyn’s lottery-protected pick on the table in a previous offer, but it appears Golden State was willing to accept just a single first-rounder now that it’s a lightly-protected 2021 pick.
Besides the first-round pick and accompanying second-rounder, the Warriors get two things out of the deal: The first is Wiggins, whose max-salary contract had been widely considered a negative. According to Anthony Slater of The Athletic (Twitter link), however, there’s a contingent within the Warriors who believe that Wiggins is a “salvageable project.” Slater believes the deal will ultimately be judged on whether Golden State can turn Wiggins into the team’s long-term starting small forward or eventually flip him for positive value.
The second perk for the Warriors is that the deal should allow them to sneak out of the tax for this season, which will help them avoid current and future repeater penalties. Marks tweets that the team will be $3.1MM below the tax threshold and should be able to stay below that line even after filling out its roster. Golden State will have six open roster spots, necessitating at least five eventual additions, but the club will be able to stagger those signings to some extent.
ESPN’s Adrian Wojnarowski first broke the news and reported the terms of the trade (all Twitter links).
Photo courtesy of USA Today Sports Images.