Rockets Not Motivated By Luxury Tax Concerns?
FEBRUARY 4: Contradicting his original report, Young tweets that he’s been told that Fertitta has given Morey the go-ahead to make deadline deals without financial restrictions. The Rockets’ owner isn’t satisfied with the team’s place in the standings so far and wants to upgrade the roster, Young adds.
While that may be true, Houston is close enough to the tax line that it still wouldn’t be a surprise if the club ducks below it in the coming days.
FEBRUARY 3: The Rockets are looking to shave enough salary off their payroll to avoid the luxury tax, Jabari Young of CNBC.com reports.
The Rockets have been actively engaged in trade talks, most notably dangling center Clint Capela, who is in the early stages of a five-year, $90MM contract. Moving Nene, who has a non-guaranteed $10MM salary for next season, would also contribute greatly toward that goal. The Rockets have approximately $139.9MM in contractual obligations and owner Tilman Fertitta wants to get below the $132MM tax line.
Some league executives believes Rockets GM Daryl Morey is being pressured by Fertitta to decrease salary while simultaneously trying to keep the franchise in championship contention, according to Young.
Fertitta has denied in the past that he’s motivated by luxury tax concerns but the team’s moves the past two years have the look of a franchise trying to dodge the tax, Dan Feldman of NBC Sports notes. The way Houston’s 2018 offseason played out, and the curious moves it make prior to last year’s trade deadline, had the appearance of a team with tax concerns, Feldman continues.
Players like Gerald Green, Thabo Sefolosha and Tyson Chandler making the veteran’s minimum could be traded and replaced by players making partial-season minimums, Feldman notes. By tossing in assets to move contracts, the Rockets will hinder their chances of upgrading the team, Feldman adds.
Knicks Make Marcus Morris Available
In the wake of Steve Mills‘ ouster, the Knicks may reconsider potential paths at this week’s trade deadline, according to ESPN’s Adrian Wojnarowski (Twitter link), who notes that Mills was just on the phone on Monday exploring deals, including a possible pursuit of D’Angelo Russell.
Most notably, Wojnarowski suggests that ownership pushed the front office to change course on its plans for Marcus Morris. The Knicks, who were said to be “hell-bent” on retaining and trying to re-sign Morris, have now made him available in trade talks, says Woj.
Marc Berman of The New York Post reported earlier this afternoon that the debate over whether to retain or shop Morris was one issue Mills and GM Scott Perry were divided on. Based on Wojnarowski’s report, it sounds as if Perry was in favor of exploring the trade market for the veteran forward.
Morris, who is on an expiring $15MM contract, is enjoying a career year, with 19.6 PPG and 5.4 RPG with a .442/.439/.823 shooting line in 43 games (32.3 MPG). He has reportedly drawn some league-wide interest, including from the Clippers, and could potentially net the Knicks a first-round pick.
Here’s more on the Knicks:
- Although it appears Perry is making the decisions in the Knicks’ front office for now, the franchise has begun its search for a new president. According to Wojnarowski and ESPN’s Ramona Shelburne (via Twitter), New York has given some thought to hiring a player agent for that role, like the Warriors (Bob Myers) and Lakers (Rob Pelinka) have done.
- Sources tell Ian Begley of SNY.tv (Twitter link) that CAA’s Austin Brown is among the candidates being internally considered by the Knicks. One of CAA’s top agents, Brown represents players like Zion Williamson, Jaren Jackson Jr., and Russell, per Begley (Twitter link).
- Vincent Goodwill of Yahoo Sports classifies the Knicks’ trade discussions with the Hornets involving Julius Randle and Terry Rozier on Monday as serious. However, he hears that Charlotte balked at taking Dennis Smith Jr. in a deal.
- League sources tell Goodwill that Knicks owner James Dolan has had intermediaries get in touch with top executives around the NBA to ask, “What would it take to get you to take over this franchise?”
Trade Rumors: Wolves, Wizards, Kennard, Valentine, Burks, More
Timberwolves forward Robert Covington has been one of the most-discussed trade candidates leading up to this year’s deadline, and looks like one of the likeliest players to be on the move. While star teammate Karl-Anthony Towns will understand if Covington is dealt, he admitted in a conversation with Sam Amick of The Athletic and Chris Hine of The Star Tribune that he’s not thrilled by the idea.
“I think it’s very obvious he’s my best friend on the team, so it would be very difficult if something like that was going to happen,” Towns said of Covington. “But like with Zach LaVine (traded from the Timberwolves to Chicago in 2017) , you know this is a business. So like I said, I’m the one who just plays the game. I don’t get paid to make rosters and stuff like that.”
As Amick and Hine note, Towns said it’s not his job to make roster decisions and expressed confidence in Timberwolves president of basketball operations Gersson Rosas to make those calls. Still, given how aggressively the front office has pursued D’Angelo Russell, one of Towns’ best friends, it’ll be interesting to see if the team is willing to part with Covington – another one of KAT’s good friends – if there’s no guarantee that doing so will land D-Lo in Minnesota.
“I don’t get paid to make those decisions,” the Timberwolves’ franchise player said. “Those are tough decisions, but here’s to hoping that I see Cov on Friday, I guess. … He’s a great guy, a great dude. He’s a great player. He’s helped me tremendously and he’s continuing to help me every day. He just gives me such comfort out there.”
Here are more trade rumors from around the NBA:
- As first referenced by ESPN’s Brian Windhorst, the Wizards have expressed interest in Cavaliers big man Tristan Thompson, confirms Candace Buckner of The Washington Post (via Twitter). If the Wizards were to make a move for Thompson, it would be with an eye toward the future, since they’d hold his Bird rights, Buckner notes.
- Vince Ellis of The Detroit Free Press confirms that that the Pistons are open to moving Luke Kennard if the price is right. However, in the wake of rumors that the Suns are discussing a trade for the third-year sharpshooter, Ellis reports that no deal appears imminent and that Detroit isn’t worried about the possible price tag on a Kennard extension if he remains with the Pistons.
- Two rival executives view the Sixers and Grizzlies as possible landing spots for Bulls trade candidate Denzel Valentine, according to K.C. Johnson of The Chicago Tribune.
- The Mavericks have real interest in Warriors guard Alec Burks, a source tells Chris Crouse of Hoops Rumors (Twitter link). Dallas and Golden State have already made one trade this season, with Willie Cauley-Stein sent to the Mavs last month.
- ESPN’s Adrian Wojnarowski takes a look at the trade talks involving the Timberwolves, Warriors, Rockets, and Hawks, with the Wolves trying to orchestrate a multi-team deal that would send D’Angelo Russell to Minnesota. Kevin O’Connor of The Ringer had details earlier on those discussions, with both Woj and O’Connor agreeing that there’s still a gulf between Minnesota and Golden State.
Knicks Rumors: Ujiri, Rozier, Monk, DSJ, Morris
After becoming the first team to fire a head coach during the 2019/20 season, the Knicks are now the first team to part ways with a head of basketball operations this year as well, having announced this afternoon that Steve Mills has been removed from his position as club president.
As general manager Scott Perry takes over the front office on an interim basis, the Knicks will have just over 48 hours to consider how significantly they want to shake up their roster at this winter’s trade deadline.
Here’s the latest on the franchise, including an update on the front office situation:
- While Masai Ujiri has long been considered New York’s “dream candidate,” the Knicks’ reluctance to give up draft compensation for the Raptors‘ president of basketball operations may complicate the their pursuit of him, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Ujiri’s contract in Toronto runs through 2020/21, so if he wants to leave before it expires, the Raptors would have leverage to request a sizable return.
- Knicks owner James Dolan has already had conversations with one possible candidate to replace Mills, according to Wojnarowski, who suggests (via Twitter) that New York’s search for a new president may move too quickly to wait on a drawn-out courtship of Ujiri.
- Following up on a report that the Hornets and Knicks have discussed Julius Randle, Ian Begley of SNY.tv suggests that Terry Rozier, Malik Monk, and Dennis Smith Jr. are among the names that have come up in talks between the two teams. New York pursued Rozier during 2019’s free agent period, but doesn’t have strong interest in him now, according to Begley (via Twitter). It’s worth noting that Begley’s report surfaced before the team parted ways with Mills.
- Marc Berman of The New York Post, who previously noted that Mills and Perry disagreed on some deadline-related issues, suggests that one debate in the front office was over whether to trade Marcus Morris or keep him and try to re-sign him in the summer. It’s not clear which side of the debate the two executives were on.
- Mike Vorkunov of The Athletic makes a case for why the Knicks should seriously consider pushing for a D’Angelo Russell trade, assuming the price isn’t exorbitant.
Knicks Fire Team President Steve Mills
12:11pm: The Knicks have officially announced Mills’ dismissal, phrasing it in their press release as the team president “leaving his position.” Mills will be nominated to the board of Dolan’s standalone sports company once it spins off from MSG’s entertainment business, according to the announcement.
“Steve and I have come to the decision that it would be best for him to leave his role as president of the New York Knicks,” Dolan said in a statement. “We thank Steve for his many years of service to our organization and look forward to continuing our relationship with him as part of our board.”
10:59am: The Knicks are parting ways with team president Steve Mills, according to reports from Adrian Wojnarowski of ESPN and Shams Charania of The Athletic (Twitter links). General manager Scott Perry has taken over as the club’s head of basketball operations on an interim basis, Charania adds (via Twitter).
Mills, a former MSG executive, was named the Knicks’ general manager in 2013 and worked under Phil Jackson during Jackson’s tenure as team president, starting in 2014. Following Jackson’s dismissal in 2017, Mills was elevated to the president role, with Perry coming aboard as New York’s new GM.
The Knicks haven’t earned a playoff spot or won more than 37 games in a season since Mills arrived in 2013. Although he was given the green light to lead the team’s latest rebuild, his job security began to waver in 2019 after the team traded up-and-coming star Kristaps Porzingis to Dallas in a cap-clearing trade, then failed to land any star players with that cap room in free agency.
Mills was still given the chance to start the season with the team and had the autonomy to fire head coach David Fizdale in the fall, but New York remains lottery-bound under interim coach Mike Miller. Curiously, the 15-36 Knicks ultimately decided to part with Mills just 51 hours before the trade deadline, leaving Perry to run the show this week. The two executives hadn’t been seeing eye-to-eye on certain issues going forward, tweets Marc Berman of The New York Post.
According to Wojnarowski (via Twitter), Perry is expected to remain in his GM role for the foreseeable future. However, Knicks owner James Dolan will interview candidates for the president position, with Raptors president of basketball operations Masai Ujiri at the top of the club’s wish list, per Ian Begley of SNY.tv (Twitter link). Charania suggests (via Twitter) that the team’s interview process has already begun.
New York’s previous interest in Ujiri went nowhere, and there’s some skepticism that the Raptors’ head of basketball operations would leave a stable situation in Toronto to work for Dolan and the dysfunctional Knicks.
Still, there have been “strong rumblings” since December that the Knicks believe they have a real chance to land Ujiri, according to Marc Stein of The New York Times (Twitter link). Begley conveys a similar sentiment, tweeting that Ujiri has told confidants in the past that he’d be open to considering the Knicks’ job under the right circumstances.
Ujiri’s contract runs through the 2020/21 season, so if the Knicks want to lure him away from Toronto before then, they’d have to send some form of compensation to the Raptors. And their division rivals are probably unlikely to give the Knicks a discount, even if Ujiri decides he wants to leave.
For now, it will be fascinating to see how the Knicks approach the trade deadline. Nearly everyone on the roster has been mentioned in at least one trade rumor, but it’s unclear how Perry’s and Mills’ views on certain players differed.
Photo courtesy of USA Today Sports Images.
Kris Dunn Out At Least Two Weeks With MCL Injury
The Bulls have confirmed a report that Kris Dunn suffered a medial collateral ligament (MCL) sprain in his right knee, the team announced today in a press release. The fourth-year guard sustained the injury in the first quarter of last Friday’s game.
According to the Bulls, Dunn will be re-evaluated following “an initial two-week phase of immobilization and physical therapy.” As his symptoms improve, the team will determine a more specific treatment plan and recovery timetable.
While Chicago isn’t committing to a timeline for Dunn’s return yet, K.C. Johnson of NBC Sports Chicago points out (via Twitter) that a similar injury cost him 23 games last season. Johnson cautions that the two injuries may not be equally severe, but notes that this will be a week-to-week issue, rather than day-to-day.
A former fifth overall pick, Dunn has seen his offensive production slip this season, averaging just 7.3 PPG and 3.4 APG on .444/.259/.741 shooting in 51 games (24.9 MPG). However, he has been the Bulls’ strongest perimeter defender and arguably one of the NBA’s best too — his 2.9 steals per 36 minutes ranks first in the league.
With 76 starts over the last two seasons in Chicago, Dunn is just six starts away from reaching the starter criteria, which would increase his qualifying offer this summer from $4.6MM to $7.1MM, tweets ESPN’s Bobby Marks. The Bulls would have to extend that QO in order to make Dunn a restricted free agent.
Heat In Mix For Andre Iguodala
The Heat have emerged as a potential suitor for Grizzlies forward Andre Iguodala, according to Shams Charania of Stadium (video link), who reports that the two teams have had discussions.
While Miami would be a nice on-court fit for Iguodala, it may be tricky for the two teams to come to a trade agreement that works for everyone. The Heat’s only sizable expiring contracts belong to Meyers Leonard and Goran Dragic, who are key parts of the team’s rotation and seem unlikely to be moved for the former Finals MVP. As such, Memphis would likely have to be willing to take on a multiyear deal, with James Johnson, Dion Waiters, Kelly Olynyk, and perhaps even Justise Winslow among the candidates.
[RELATED: Dillon Brooks On Iguodala: Can’t Wait Until We Trade Him]
Additionally, the Heat are right up against a hard cap this season, so they won’t be able to take on more money than they send out. For instance, even though Johnson’s $15.35MM cap hit meets the salary-matching requirements to take back Iguodala’s $17.19MM salary, Miami would have to send out at least one more player because it can’t accommodate that extra money.
Finally, the Heat don’t have much draft capital available to dangle in trade talks, having moved so many of their future picks already. Their next available picks for trade purposes would be a conditional 2024 second-rounder or a conditional 2025 first-rounder. They also control the less favorable of the Sixers’ and Nuggets’ 2022 second-round picks, which could be included in a deal.
On top of all those roadblocks, there’s the question of whether or not Iguodala would be happy to land with the Heat. South Beach is a popular destination for most NBA players and Miami is a legit contender in the East, so presumably the 36-year-old would be satisfied with that outcome. However, Charania notes that Iguodala may want to play closer to home on the West Coast, and a report on Monday indicated the veteran could sit out the rest of the season if he isn’t sent to one of his preferred landing spots.
Although it’s not clear what those preferred landing spots are, it’s probably safe to assume the Lakers and Clippers are among them. If Iguodala is bought out, the two L.A. teams would likely be the frontrunners to sign him, but the Grizzlies have insisted all season long that they’ll find a pre-deadline trade involving the ex-Warrior. We’ll find out this week if they’re right.
O’Connor’s Latest: Capela, Covington, D-Lo, Nets, More
The Rockets, Hawks, and Timberwolves recently discussed a three-team trade that would have sent Robert Covington to Houston, Clint Capela to Atlanta, and Brooklyn’s 2020 first-round pick (from Atlanta) to Minnesota, league sources tell Kevin O’Connor of The Ringer.
As O’Connor explains, the Timberwolves’ goal would have been to use that Brooklyn first-rounder as part of a trade package for D’Angelo Russell. According to O’Connor, Minnesota was willing to include its own 2020 first-round pick in that offer too, but the Warriors turned them down, putting those three-team talks on hold.
We don’t know exactly what protections the Timberwolves might have wanted to put on their pick, or what contract(s) they wanted the Warriors to take on in that offer for Russell, but it’s still worth noting that Golden State declined an offer featuring multiple first-rounders. While the Dubs are reportedly open to listening to inquiries on D-Lo, their asking price is high, and it appears they’d be happy to wait until the offseason to revisit Russell’s trade market, if necessary.
Here’s more from O’Connor:
- The Warriors‘ price tag on Russell is one reason the Timberwolves‘ asking price for Covington is so high, O’Connor writes. O’Connor also adds the Nuggets to the list of teams with interest in Covington, though he acknowledges that interest is “minimal,” suggesting the Rockets and Sixers are more serious suitors.
- The Rockets and Hawks have had some discussions about Capela without the Timberwolves‘ involvement, per O’Connor.
- The Rockets offered Capela to the Nets in a deal that would have included Jarrett Allen and Taurean Prince, league sources tell O’Connor. We’ve heard Houston wants to get a wing and another big man for Capela, so the ask makes sense, but it’s not a surprise that Brooklyn turned it down.
- The Hawks are believed to be wary about investing $20MM+ per year in John Collins on his next contract, preferring a less expensive center like Capela or Tristan Thompson, sources tell O’Connor. For what it’s worth, Hawks beat writer Chris Kirschner of The Athletic (Twitter links) suggests the recent Collins-related rumblings are coming from other teams, not Atlanta.
Dillon Brooks On Iguodala: Can’t Wait Until We Trade Him
Before the Grizzlies defeated the Pistons on Monday night, maintaining their hold on the No. 8 seed, a report surfaced suggesting that Andre Iguodala is preparing to sit out the season if he’s not traded to one of his preferred landing spots, or bought out. After Memphis’ win, forward Dillon Brooks weighed in on the Iguodala rumors, as Evan Barnes of The Memphis Commercial Appeal relays.
“Andre Iguodala’s a great player. I feel like he’s doing the right thing for his career, but we don’t really care,” Brooks said. “It’s not a distraction at all. I laugh at that type of stuff.
“A guy that’s on our team that doesn’t want to be on our team,” Brooks continued. “I can’t wait ’til we find a way to trade him so we can play him and show him what really Memphis is about.”
Although no other Grizzlies players conveyed a similar sentiment to reporters, Brooks’ teammates Ja Morant and De’Anthony Melton published cryptic tweets seemingly supporting his message.
Iguodala was sent from the Warriors to the Grizzlies in a July trade as Golden State cleared salary to bring in D’Angelo Russell. Although that trade was a salary dump that netted Memphis a first-round pick, the Grizzlies are confident Iguodala can be flipped for positive value and has insisted all season long they plan to move him rather than buy him out. The team has until Thursday afternoon to make that happen.
The Grizzlies and Iguodala reportedly reached a mutual agreement in the fall to have him remain away with the team, so the front office has no issue with his absence, but it’s not hard to see why some Grizzlies players may share Brooks’ sentiment.
When Iguodala talked in September about the trade, he recalled predicting in the summer that he’d be moved to “Memphis or some s–t,” implying that it was among the worst possible outcomes. And even as the upstart Grizzlies have outperformed expectations and moved into the playoff picture, the former Finals MVP has shown zero interest in playing for the team.
While a few young Grizzlies players may be eager to show Iguodala what he’s missing out on, veteran forward Jae Crowder took a more measured stance, as Barnes details.
“I would like to keep a lot of stuff in-house but we respect what he’s done,” Crowder said of Iguodala. “He’s a Hall-of-Famer. In my eyes, he’s a Hall-of-Famer. He’s proven in this league, so as long as he handled it like a professional, I believe he is. … I would not say that he’s been a distraction at all. Like I said, he hasn’t been here. But we respect what he wants at this time of his career, and you have to respect it.”
Suns, Pistons Discussing Luke Kennard Trade
The Suns and Pistons are discussing a possible trade that would send Luke Kennard to Phoenix, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that a Suns first-round pick is in play.
Kennard, 23, is a career 40.2% three-point shooter and had taken on an increased role in Detroit this season, averaging a career-best 15.8 PPG and 4.1 APG in 32.9 minutes per contest. The 23-year-old has been limited to 28 games, having been sidelined since December 21 with a knee injury.
A third-year guard who will be extension-eligible during the 2020 offseason, Kennard could be a nice fit on a Suns team that has lacked reliable outside shooting. Phoenix ranks among the NBA’s bottom 10 teams in terms of both three-point attempts and three-point percentage this season, and the club’s most consistent long-distance threat has been a rookie, Cameron Johnson.
It wouldn’t be difficult for Phoenix to match Kennard’s $3.8MM salary — Wojnarowski suggests (via Twitter) that a potential package gaining some traction would feature Jevon Carter, Elie Okobo, and a first-round pick.. If the Suns are willing to part with their 2020 first-rounder, I expect they’d want to add some form of protection, since it currently projects to land at No. 11.
As Gina Mizell of The Athletic tweets, the Suns’ current VP of basketball operations, Jeff Bower, was the Pistons’ general manager when Detroit selected Kennard with the No. 12 pick in the 2017 draft, so he’s very familiar with the former Duke standout. Phoenix envisions Kennard as a floor-spacer who could complement scorers and play-makers like Devin Booker, Kelly Oubre, and Ricky Rubio, per Wojnarowski.