Knicks Plan To Hire Leon Rose As Head Of Basketball Operations
The Knicks and CAA player agent Leon Rose are nearing a deal that would make him the team’s new head of basketball operations, league sources tell Shams Charania of The Athletic (Twitter link).
ESPN’s Adrian Wojnarowski, who reported with Ramona Shelburne that Rose had become a top target for the Knicks, confirms that the team plans to hire the veteran agent as its next president (Twitter links). Ian Begley of SNY.tv first reported (via Twitter) that the Knicks had interest in Rose.
As Wojnarowski details (via Twitter), Rose has been one of the NBA’s top agents for years and has a star-studded list of clients that includes Joel Embiid, Chris Paul, Devin Booker, and Karl-Anthony Towns. The Knicks have plenty of experience dealing with Rose, as he also represents Carmelo Anthony.
Rose is expected to assume control of a front office that was previously run by Steve Mills, who was dismissed from his position as president of basketball operations earlier this week.
General manager Scott Perry took over as the top man in New York’s front office on an interim basis following Mills’ ouster, and he appears to be running the show for today’s trade deadline. He and the Knicks have a mutual option for 2020/21, meaning both sides would have to pick up that option for Perry to remain with the team, so we’ll see how that situation plays out. Newsday’s Steve Popper (Twitter link) hears that Perry is not expected to stay on under the new regime.
William Wesley, better known as “World Wide Wes,” is a strong candidate to join the Knicks’ front office under Rose, a source tells Begley (Twitter link). Wes, who is well-connected with players around the NBA, is a CAA consultant and has a strong relationship with Rose, according to Begley.
After firing Mills, the Knicks were immediately linked to Raptors president of basketball operations Masai Ujiri, who has long been considered New York’s dream candidate. However, given how quickly New York moved forward on its front office search, it seems as if Ujiri wasn’t a serious option, despite rumblings that he might have interest in the job.
Begley had reported this morning (via Twitter) that there was “serious pessimism” surrounding the Knicks’ pursuit of Ujiri, in part due to the compensation that would have been required to get him out of his Raptors contract. With the Knicks moving in another direction, fans in Toronto can rest easy.
Before deciding on Rose, the Knicks were said to be considering a handful of other player agents as they look to emulate a model that has succeeded for the Warriors and Lakers, who hired former agents Bob Myers and Rob Pelinka, respectively.
Austin Brown and Roger Montgomery were among the agents reportedly receiving consideration from the Knicks, along with B.J. Armstrong, as Stefan Bondy of The New York Daily News reported this morning (via Twitter).
Once Rose is officially hired by the Knicks, one of his first tasks this spring will be making a decision on the team’s head coach. Mike Miller has held that position on an interim basis since replacing David Fizdale earlier in the season.
Trade Rumors: Knicks, Holiday, Lakers, Bulls, Warriors
Although the Knicks remains interested in D’Angelo Russell, he’s far from the only point guard the team is eyeing as the trade deadline nears. One player the Knicks has inquired on, according to Marc Berman of The New York Post, is Pacers guard Aaron Holiday.
As Berman notes, the Knicks liked Holiday in the 2018 draft, working him out that year. Now in his second season, Holiday has built on a promising rookie season. He’s averaging 10.2 PPG and 3.5 APG with a .420 3PT% in 47 games (23.3 MPG) for the Pacers.
Acquiring Holiday won’t be easy for the Knicks, despite Indiana’s crowded backcourt. ESPN’s Zach Lowe reported earlier in the week that the Pacers could probably acquire a first-round pick in exchange for Holiday, but haven’t shown any real interest in moving him.
Here are a few more trade rumors and notes from around the NBA:
- On ESPN’s trade deadline special on Wednesday, Zach Lowe suggested that Nets guard Spencer Dinwiddie and Thunder guard Dennis Schroder are among the players the Lakers have inquired on as they look to add a play-maker (Twitter link via Alex Kennedy of HoopsHype). Their conversation with Oklahoma City on Schroder didn’t get very far, since OKC’s asking price is high, tweets Dave McMenamin of ESPN. I imagine that’s the case with Brooklyn and Dinwiddie as well.
- Lakers guard Alex Caruso is drawing some trade interest, with multiple teams inquiring about his availability, league sources tell Chris Haynes of Yahoo Sports (Twitter link).
- The Bulls have received some trade calls today on Denzel Valentine, but nothing of substance, a source tells Joe Cowley of The Chicago Sun-Times (Twitter link). Cowley adds that the Thaddeus Young market is “surprisingly quiet,” though Chicago thinks it could pick up as the deadline nears.
- The Warriors might not be done after last night’s trade with Philadelphia. Michael Scotto of Bleacher Report hears that Golden State has shopped both Kevon Looney and Jacob Evans for tax reasons. The Dubs are still slightly above the tax after moving three minimum-salary players in trades this season.
Hoops Rumors’ 2020 NBA Trade Deadline Primer
It hasn’t been a particularly busy season for NBA trades so far, but we’re seeing signs of life from the trade market this week.
Andre Iguodala is on the move, and Danilo Gallinari appears likely to join him in Miami; the Sixers added a pair of solid depth pieces; Dewayne Dedmon‘s trade request was granted; and the Hawks, Rockets, Timberwolves, and Nuggets gave us one of the league’s most complicated trades in years, a 12-player deal headlined by Clint Capela and Robert Covington.
With just five-and-a-half hours to go until the 2020 trade deadline arrives at 2:00pm central time, there are still plenty of questions to be answered. Will title contenders like the Lakers, Clippers, and Bucks fortify their rosters? How many more 2020 first-round picks will change hands? And will any big-name trade candidates like Jrue Holiday, D’Angelo Russell, Kevin Love, or Andre Drummond end up being moved?
We’ll be keeping tabs on all the latest news and rumors all day long on Hoops Rumors, leading up to 2:00pm.
In the meantime, here are some of our features and trackers to help you prepare for today’s action:
- Trades completed so far during the 2019/20 season
- Note: The Heat‘s deal for Iguodala (and possibly Gallinari) isn’t listed here yet because the full details of that trade are still unreported.
- Analysis on trade candidates from around the NBA
- Current NBA roster counts
- Players with the ability to veto trades
- Players with trade kickers
- Players who are ineligible to be traded
- Teams with traded player exceptions available
- Hoops Rumors Glossary: Explaining the traded player exception
- Teams with disabled player exceptions available
- Traded 2020 first round picks
- Traded 2020 second round picks
- Players whose draft rights are held by NBA teams
- Cash sent and received in NBA trades in 2019/20
Hawks Waive Nene
The Hawks have officially requested waivers on Nene, announcing the move in a press release a day after they acquired him from Houston in a four-team, 12-player trade.
Nene, 37, re-signed with the Rockets last summer after averaging 3.6 PPG and 2.9 RPG in 42 games (13.0 MPG) in 2018/19. Although he got a two-year deal from Houston, it was a complicated, incentive-heavy contract that was only guaranteed for about $2.56MM. The terms of the contract, which were designed to make him a trade chip, made it a virtual certainty that he wouldn’t play much, if at all, this season. He has yet to appear in a game.
Unfortunately for the Rockets, the NBA ruled that only the guaranteed portion of Nene’s contract could be counted for salary-matching purposes, reducing his trade value. However, the team still ended up moving him in the sprawling four-way deal that also sent Clint Capela to Atlanta.
Nene would be eligible to sign with any team except the Rockets once he clears waivers and reaches free agency on Saturday. He dealt with an adductor strain earlier in the season, so it’s not clear if he’s healthy enough to contribute at this point.
With Nene off the roster, the Hawks now have an opening on their 15-man squad. They’ll create another one when they officially send Jabari Parker and Alex Len to Sacramento for Dewayne Dedmon. While more deals could be coming for Atlanta, I’d expect the team to use the last spot or two on its roster to audition some players on 10-day contracts going forward.
Heat Aim To Extend Danilo Gallinari As Part Of Trade
Having already agreed to a contract extension with Andre Iguodala as part of the trade that will send him from the Grizzlies to the Heat, Miami is looking to do the same with Danilo Gallinari, who is expected to be acquired from the Thunder in a three-team trade, reports ESPN’s Adrian Wojnarowski (via Twitter). According to Wojnarowski, the Heat and Gallinari’s reps were working overnight on a possible extension.
As we detailed late on Wednesday night, the exact terms of the trade that will send Iguodala and Gallinari to Miami remain unclear. We know the Grizzlies are acquiring Justise Winslow, but no other pieces have been confirmed. The belief is that Jae Crowder and Solomon Hill would be involved, likely heading to Oklahoma City. James Johnson and Dion Waiters are among the other rumored outgoing pieces for Miami and would presumably both end up in Memphis. Draft compensation would also be involved.
Assuming the three teams reach a trade agreement, Gallinari would be eligible to sign a new contract with the Heat that extends his current deal by two additional years, with 5% annual raises. Typically, veteran extension rules are less restrictive, but extend-and-trade rules limit new deals to three total years (including the current season) and modest raises.
Based on his current $22.62MM salary, Gallinari could receive as much as $23.75MM for 2020/21 and $24.88MM in 2021/22. However, as Woj notes, the Heat’s desire to preserve cap room for the 2021 offseason may complicate matters. Miami’s extension with Iguodala features a non-guaranteed team option for that ’21/22 season, allowing the team to maintain flexibility. It’s not clear if Gallinari would be on board with a similar arrangement.
As cap expert Albert Nahmad details (via Twitter), the Heat currently project to have more than $50MM+ in cap room for 2021, assuming Iguodala’s option is turned down. A pricey guaranteed salary for Gallinari would compromise the club’s ability to create a maximum-salary slot unless contracts are stretched.
It will be interesting to see how creative Miami gets — Nahmad points out (via Twitter) that using a descending salary structure or making that 2021/22 partially guaranteed could help the team stay somewhat flexible.
Kings Intend To Retain Bogdanovic Through Deadline
A report two weeks ago suggested the Kings were unlikely to move Bogdan Bogdanovic at this year’s deadline, but his name has continued to surface in trade rumors since then. Now, with just hours to go until the 2020 deadline arrives, James Ham of NBC Sports California reports more definitively that Sacramento intends to hang onto Bogdanovic.
When the Kings agreed to send Dewayne Dedmon to the Hawks on Wednesday night, it helped create some extra flexibility for the team moving forward. Dedmon has a guaranteed $13.3MM salary for next season, while incoming players Alex Len and Jabari Parker could both reach the open market — Len is on an expiring contract, while Parker has a $6.5MM player option. Even if Parker exercises that option, Sacramento will have saved $6.8MM for 2020/21 in the swap.
A source with knowledge of the Kings’ plans tells Sam Amick of The Athletic that the Dedmon deal was made in part with Bogdanovic’s future in mind. Marc Stein of The New York Times referred to re-signing Bogdanovic as a “major motivation” for that trade with the Hawks, adding (via Twitter) that Sacramento is now optimistic it has the flexibility necessary to work out a new deal directly with the RFA-to-be or match any offer sheet.
Bogdanovic, is having arguably his best year as a pro, averaging a career-best 14.6 PPG to go along with 3.3 APG, a .437 FG%, and a .378 3PT%. The third-year swingman has the ability to handle multiple positions, playing on or off the ball, and drawn interest from a number of teams around the NBA, including the Lakers, Sixers, and Hornets.
Ham has previously suggested that Bogdanovic’s price tag could be in the $15-18MM range. As Amick points out, trading Dedmon means the Kings could go all the way up to $20MM+ if necessary and still not be at risk of entering tax territory. Amick also notes that the trades being made by Atlanta and Memphis this week figure to significantly reduce their cap room for the offseason, perhaps reducing the odds that one of those rebuilding clubs makes a run at Bogdanovic.
Latest On The Andre Iguodala Trade
Negotiations are continuing in an effort to make the deal sending Andre Iguodala to Miami a three-way trade that would also enable the Heat to acquire Thunder forward Danilo Gallinari, tweets ESPN’s Adrian Wojnarowski.
One way the Heat could facilitate trade talks is to remove protections on a lottery-protected 2023 first-round draft pick they owe to Oklahoma City, sources tell Wojnarowski (Twitter link). That would free up Miami to unconditionally trade its 2025 first-rounder, explains Anthony Chiang of The Miami Herald (Twitter link).
Because of hard-cap restrictions, Miami will need to send out at least $39.8MM in salary to fit Iguodala ($17.2MM) and Gallinari ($22.6MM) on its roster, according to Barry Jackson of The Miami Herald (Twitter link). He notes that Justise Winslow, who is already believed to be part of the deal, Dion Waiters and James Johnson add up to $40.4MM.
Johnson’s representatives tell Jackson that they are expecting their client to be included in the transaction, but several other teams have expressed interest as well (Twitter link). Jackson identifies the Bucks, Rockets and Timberwolves as teams that have inquired about the veteran forward.
Meanwhile, the Grizzlies held Jae Crowder and Solomon Hill out of Wednesday’s game in Dallas, and Dillon Brooks spoke after the game as if they were being traded, though that hasn’t been confirmed (video link via ESPN’s Tim MacMahon). Moving Crowder and Hill along with Iguodala would allow Memphis to take back up to $47MM+ in salary, if necessary.
In an interview with Marc J. Spears of the Undefeated, Iguodala said he plans to join the Heat and take his physical in Sacramento on Friday. He’s excited to be coming to Miami, but after not playing since June he isn’t sure when he’ll be ready to be activated (Twitter link).
“Jimmy Butler is very well respected in terms of passion and hard work he brings to the game,” Iguodala said. “His temperament and values he has really resonates with the Heat. They’re very well aligned. He’s brought out the most in those young guys. Those are some of the guys I’m really excited about. I feel I can make the most impact with those guys. I’m a big fan of Bam [Adebayo]. … Really looking forward to playing with him. … Been hearing about him last couple of years. Help him get better. Really excited about that opportunity.”
Grizzlies’ Dillon Brooks Signs Three-Year Extension
11:28pm: The extension is official, the Grizzlies announced on Twitter.
10:51pm: The Grizzlies have reached a three-year, $35MM extension agreement with Dillon Brooks, tweets ESPN’s Adrian Wojnarowski. Brooks had been on track to reach restricted free agency this summer.
Brooks’ new deal is fully guaranteed without any options, and will be worth $11.4MM in the first year, $12.2MM in the second and $11.4MM in the third, according to Chris Herrington of The Daily Memphian (Twitter links).
[RELATED: 2019/20 NBA Contract Extension Tracker]
The 24-year-old swingman has been an important part of Memphis’ resurgence and the team’s surprising run at a playoff spot. He’s posting career highs across the board in his third NBA season, averaging 16.1 points, 3.4 rebounds and 2.1 assists per game. He has reclaimed his place in the starting lineup after being limited to 18 games in an injury-plagued 2018/19.
Brooks has also emerged as a vocal leader on the team. He called out Andre Iguodala earlier this week for electing to sit out rather than play for Memphis and said he couldn’t wait to face him on the court once he was traded.
After years of salary-cap issues, the rebuilt Grizzlies now have plenty of room going forward, so Brooks’ salary won’t be an issue. His extension is the first of what should be several long-term deals that Memphis will hand out to its young talent.
Photo courtesy of USA Today Sports Images.
Wolves, Hawks, Rockets, Nuggets Complete Four-Team Trade
FEBRUARY 5: The trade is now official, with Twitter announcements from the Rockets, Timberwolves and Nuggets confirming the deal. Atlanta also formally waived Chandler Parsons to accommodate the trade, as detailed earlier.
FEBRUARY 4: The Timberwolves, Hawks, Rockets, and Nuggets are in agreement on a massive four-team trade, according to ESPN’s Adrian Wojnarowski (Twitter link). Shams Charania of The Athletic first reported (via Twitter) that the four clubs were close to reaching a deal, while Woj says (via Twitter) the players involved are now being informed.
According to Wojnarowski (Twitter link), Charania (Twitter links), Jon Krawczynski of The Athletic (Twitter link), and Jonathan Feigen of The Houston Chronicle (Twitter link), the trade looks like this:
- Robert Covington, Jordan Bell, and Golden State’s second-round pick (from Atlanta) to Houston.
- Clint Capela and Nene to Atlanta.
- Malik Beasley, Juan Hernangomez, Evan Turner, Jarred Vanderbilt, and Brooklyn’s 2020 first-round pick (from Atlanta) to Minnesota.
- Gerald Green, Keita Bates-Diop, Shabazz Napier, Noah Vonleh, and Houston’s 2020 first-round pick to Denver.
There have been rumors for the last several days suggesting that a trade like this one could be in play. An earlier variation had the Warriors in Denver’s place, with the Wolves pursuing D’Angelo Russell, but Golden State backed off those talks earlier on Tuesday, leaving Minnesota, Houston, and Atlanta to work out a new agreement.
Let’s break down how the deal will impact each team…
Houston Rockets:
Daryl Morey‘s group has long been on the lookout for an upgrade on the wing, and they’ll get their man in Covington, a three-and-D specialist who is on a team-friendly contract that’s worth $11.3MM this season and runs through 2021/22.
The Rockets gave up two valuable assets in Capela and their 2020 first-round pick to bring in Covington, Bell, and a second-round pick. By moving Nene and Green in the deal, the team will also move well below the luxury-tax line, which would be a favorable outcome for ownership — while Tilman Fertitta has claimed to have signed off on the club being a taxpayer, it looks like this could be the second straight season that the Rockets sneak out of the tax at the deadline.
On the other hand, as Wojnarowski points out (via Twitter), the structure of the deal would allow Houston to take back up to another $12MM in salary. So until the trade is made official, there’s a window for the Rockets to potentially expand it even further to include another team and player, assuming they find a suitable target, agree on compensation, and are willing to go back into the tax. That won’t be easy, however.
While Bell could play some minutes at the five, the Rockets will remain on the lookout for a more reliable replacement for Capela, either via a trade or on the buyout market, tweets Jonathan Feigen of The Houston Chronicle. Houston’s go-to lineup will feature P.J. Tucker at center, but the team still wants a more traditional big to match up with star bigs in the playoffs, notes Tim MacMahon of ESPN (via Twitter).
MacMahon also adds (via Twitter) that Green, who is likely out for the season with a broken foot, had the ability to veto his inclusion in this trade, but won’t do so.
The move will reduce the Rockets’ roster count to 13 players on standard contracts, so the team will have two weeks to get back up to the NBA’s required minimum of 14 players.
Denver Nuggets:
The Nuggets were said to be seeking a first-round pick for Beasley and a second-round pick for Hernangomez, their two restricted-free-agents-to-be. They won’t quite meet that asking price, but they’ll at least get the first-rounder they were looking for, acquiring Houston’s 2020 pick in the deal.
In addition to sending out Beasley and Hernangomez, Denver also moved Vanderbilt and will bring back four players: Green, Bates-Diop, Napier, and Vonleh. The team had an open spot on its 15-man roster, so no one will have to be waived, though MacMahon reports (via Twitter) that Green is expected to be cut after the trade is official, once again opening up that last roster spot.
As ESPN’s Adrian Wojnarowski observes (via Twitter), Napier and Vonleh are capable of playing rotation minutes and providing depth off the bench for the Nuggets. Bates-Diop will probably be further down on the depth chart. Napier and Vonleh will be unrestricted free agents at season’s end, while KBD has a non-guaranteed minimum salary for 2020/21.
Having previously traded away their own 2020 first-round selection for Jerami Grant, the Nuggets can get back into this year’s draft with Houston’s first-rounder. Of course, with Wojnarowski suggesting Denver will continue to be active before Thursday’s deadline, that pick could theoretically be flipped in another move.
Atlanta Hawks:
The Hawks have been linked to several centers over the course of the season, reportedly expressing interest in Andre Drummond, Steven Adams, and Dewayne Dedmon, among others. In recent days, the club appeared to be zeroing in on Capela, a big man whose rim-running ability will complement Trae Young on offense and whose rim-protecting ability could help bail out Young on defense.
Atlanta will surrender Turner’s expiring contract, Brooklyn’s lottery-protected 2020 first-round pick, and an extra future second-round pick in order to lock up Capela. The move will give the Hawks some cost certainty in the middle — Capela, who has a $14.9MM cap hit in 2019/20, has three more years and about $51.3MM left on his contract after this season. He won’t be eligible for free agency until the summer of 2023.
Acquiring a center now rather than waiting until the summer and trying to land one in free agency will give the Hawks the opportunity to evaluate how Capela looks next to big man John Collins. A heel injury is currently nagging Capela, but it’s not believed to be an issue that jeopardizes the rest of his season.
A 2017 first-round pick, Collins will be eligible for a rookie scale extension during the 2020 offseason. If he meshes with Capela down the stretch, Atlanta would likely be more willing to invest heavily long-term in Collins, who is expected to seek the max or something close to it.
As ESPN’s Bobby Marks tweets, the Hawks are currently carrying 15 players, so they’ll have to waive or trade someone in order to take back both Capela and Nene for Turner, even if they intend to eventually release Nene.
Minnesota Timberwolves:
Although the Timberwolves probably would have preferred to get the Warriors involved in this deal to acquire Russell, they’ll get a handful of intriguing assets in exchange for Covington and several low-cost role players (Bell, Bates-Diop, Napier, and Vonleh).
Beasley and Hernangomez will both be eligible for restricted free agency this summer, which will give the Wolves the chance to match any offer sheet they sign. Neither player had been great this season in Denver, as a crowded depth chart pushed them out of the rotation at times, but they both had solid seasons in 2018/19.
Beasley averaged 11.3 PPG with a .474/.402/.848 shooting line in 81 games (23.2 MPG) a year ago, while Hernangomez averaged 5.8 PPG and 3.8 RPG on .439/.365/.767 shooting in 70 games (19.4 MPG). The Nuggets explored contract extensions last fall with both players, reportedly offering Beasley $30MM over three years, but they didn’t reach a deal with either one. Now the Wolves will have the opportunity to evaluate them during the season’s final two months and decide whether they’re part of the franchise’s long-term plans.
In addition to acquiring those two Denver players – and a little-used project in Vanderbilt – the Timberwolves take on Turner’s $18.6MM expiring contract, generating some extra cap flexibility for the 2020 offseason by moving off Covington’s guaranteed money. They also secured Brooklyn’s lottery-protected 2020 first-round pick, which could end up at No. 15 or 16 if the Nets hang onto a playoff spot this spring.
This move doesn’t necessarily affect the Wolves’ plans to revisit a Russell trade with the Warriors, though like Allen Crabbe, Turner can’t be aggregated with another player in a deadline deal to match D-Lo’s salary. That Brooklyn first-round pick figures to be one of the assets Minnesota dangles in any offer for Russell.
Like Houston, Minnesota will have two openings on its 15-man roster once this trade is finalized, and will have up to two weeks to get back up to 14 players, the league’s required minimum.
Photos courtesy of USA Today Sports Images.
NBA G League Assignments/Recalls: 2/5/20
Here are Wednesday’s G League assignments and recalls from around the NBA:
- The Thunder recalled guard Deonte Burton and forward Isaiah Roby from Oklahoma City Blue, the team announced in a press release. Burton is averaging 15.1 points and 7.0 rebounds in nine G League games, while Roby, who was acquired from the Mavericks last month, averages 9.2 PPG and 6.7 RPG in 10 games.