Andrew Bynum Rumors: Wednesday
We heard yesterday that Andrew Bynum may make a decision on his next team by the end of the night, but that turned out not be the case. As I suggested on Tuesday, it didn't make a ton of sense for Bynum to announce a decision before his meeting with the Mavericks, which is scheduled for today. For now, agent David Lee says there's no timetable for his client's decision, adding that it "might" happen this week, according to Jason Lloyd of the Akron Beacon Journal.
Here are the rest of today's Bynum updates:
- Lee wants to engage the Cavs in another dialogue tonight or tomorrow, according to Sam Amico of Fox Sports Ohio. Still, the team isn't going to wait on Bynum, and while it hasn't pulled its offer, Cleveland will keep looking at other options (Twitter links).
Earlier updates:
- Of the $24MM the Cavs offered Bynum over two years, only $6MM is guaranteed, says ESPN.com's Marc Stein (via Twitter). However, that still makes it the highest offer Bynum currently has on the table.
- The Mavericks' interest in Bynum remains serious enough after today's meeting that they're having "a medical discussion" and weighing an offer, GM Donnie Nelson indicated (link via Eddie Sefko of the Dallas Morning News).
- Asked if Bynum would make a decision today, agent David Lee told the Plain Dealer (Twitter link) that "it takes two to make an agreement." That suggests to me that negotiations are ongoing and that there's not necessarily an offer on the table that Bynum likes.
- Earlier today, we heard that the Sixers haven't entirely ruled out the possibility of bringing back Bynum. Sam Amico of FOX Sports Ohio also heard that the Cavs believed Bynum may prefer to play in Dallas.
- Many league executives feel like it will be difficult for the Hawks or Mavericks to top the Cavaliers' offer to Bynum, says Sam Amico of FOX Sports Ohio.
- According to Amico, the Cavs and Hawks have been provided with Bynum's most recent medical results, and one source says they're "not bad."
- Amico hears from multiple league sources that Bynum's problems with the Sixers may not have been entirely health-related, with several of those sources hinting at a friction between Bynum and the organization.
- Whether or not they land Bynum, the Cavs may be open to moving a power forward, says Amico, noting that Anderson Varejao, Tristan Thompson, Earl Clark, Anthony Bennett, and Kevin Jones are all capable of playing the position.
- While the Cavs' offer to Bynum has been reported as a two-year deal, only one year is guaranteed, and the second year is a team option. According to Steve Kyler of HoopsWorld, Bynum's camp is hoping to land a deal with a little more security than that.
- Although Bynum may be seeking more security, his market could be opened up a little if he'd agree to a clause that protects teams in the event of recurring knee injuries, says Kyler. Brandon Roy signed such a deal with Minnesota a year ago, making the second year of his deal non-guaranteed when his knee problems flared up again. If Bynum would consider such a deal, several teams would consider signing him, writes Kyler.
Odds & Ends: Kings, Tolliver, Lakers, Ellis
After a bid to relocate the NBA's Kings failed, Seattle-based investors also reportedly explored the possibility of moving the NHL's Phoenix Coyotes to the city. Although the franchise appears to be staying put in Phoenix, Seattle wasn't the only city interested in relocating it. According to Dwight Jaynes of CSNNW.com, Paul Allen and the Trail Blazers were also interested in buying the Coyotes and moving the team to Portland's Rose Garden.
Here are more odds and ends from around the NBA on a very busy Wednesday:
- The Kings have named high-ranking NBA executive Chris Granger as their new team president, according to Ryan Lillis of the Sacramento Bee. Granger, who had been the executive VP of team marketing and business operations for the NBA, will oversee the team's role in the development of a new downtown sports arena and its business operations, says Lillis. It doesn't sound like Granger will be involved much, if at all, in the Kings' basketball operations.
- Chris Vivlamore of the Atlanta Journal Constitution reports (via Twitter) that Anthony Tolliver is in talks with five teams, including the Hawks, and hopes to make a decision soon.
- The Lakers have had conversations with Josh Powell's representative, tweets Dave McMenamin of ESPNLosAngeles.com. McMenamin adds in a second tweet that the team has also spoken to a couple more former Lakers: Sasha Vujacic and Lamar Odom.
- As Monta Ellis continues to seek a free agent deal, there doesn't appear to be a clear favorite to sign him, writes Steve Kyler of HoopsWorld. News broke today that Ellis has parted ways with his longtime agent.
- Elton Brand and Brandan Wright are still talking to the Mavericks about a potential return, but Rodrigue Beaubois is almost certainly headed elsewhere, as GM Donnie Nelson told reporters today, including Bryan Gutierrez of ESPNDallas.com.
- Before he agreed to sign with the Bobcats, Al Jefferson received interest from the Mavericks and Pelicans, tweets Rick Bonnell of the Charlotte Observer.
Pistons Sign Josh Smith To Four-Year Deal
JULY 10TH, 12:11pm: The Pistons have officially signed Smith, the team announced today (Twitter link).
JULY 6TH, 3:47pm: Smith's deal includes $54MM in base salary, but the value could rise to $56MM if he reaches performance incentives, writes Vincent Goodwill of the Detroit News.
2:54pm: No sign-and-trade is planned at the moment between the Pistons and Hawks, so the Smith acquisition figures to be an outright signing, notes Brian Windhorst of ESPN.com (Twitter link). Windhorst also says the Rockets never engaged in sign-and-trade discussions about Smith with the Hawks.
2:34pm: Vincent Ellis of the Detroit Free Press hears the deal totals just $54MM (Twitter links).
2:01pm: Josh Smith and the Pistons have agreed to terms on a four-year, $56MM deal, reports Adrian Wojnarowski of Yahoo! Sports. Detroit lands perhaps the most enticing name on the free agent market now that Dwight Howard and Chris Paul are locked up, using its cap space to reel in the athletic forward. The Rockets appeared to be pursuing a sign-and-trade for Smith as recently as last night, but couldn't get any traction on a move that would have reunited Howard with his AAU teammate.
The deal falls short of the maximum contract Smith was looking for, and gives him just a slight bump from the $13.2MM he made last season with the Hawks. The Warriors and Hawks also had interest, and the Celtics reportedly were set to target Smith in the wake of having traded Paul Pierce, but no team pursued him with as much vigor as Detroit, as Wojnarowski writes. The Pistons met with the client of Wallace Prather and Brian Dyke in the first hours of free agency, and though an offer didn't come out of that encounter, it was clear the team regarded him as more than the "Plan B" he appeared to be for other suitors who were waiting to hear from Howard.
The Pistons also had their sights on Andre Iguodala, and would like to have re-signed Jose Calderon, but with both of them agreeing on deals with other teams, it looks like president of basketball operations Joe Dumars and company circled back to their No. 1 option. The team should still have close to $10MM in cap room to complement an impressive front line of Smith, Greg Monroe and Andre Drummond.
The 27-year-old Smith saw his numbers dip a bit from his career year in 2011/12, averaging 17.5 points, 8.4 rebounds and 4.2 assists this past season. Though Smith is multitalented, the hole in his game is three-point shooting. He took more shots from behind the arc than ever in 2012/13, but he connected on just 30.3% of his 2.6 long-range attempts per game.
Monta Ellis Parts Ways With Agent
One of the top free agents remaining on the open market, Monta Ellis, had parted ways with longtime agent Jeff Fried of Peake Management Group, reports ESPN.com's Chris Broussard. According to Broussard, Ellis is frustrated that he has yet to receive a viable and lucrative long-term contract offer.
"I only wish Monta and his family the very best," Fried said. "He is a superstar on the court and a character individual with tremendous integrity off the court."
While Ellis had been hoping to reach a decision on a team in the next day or two, the change in agents may push that timetable back. The Hawks, Kings, and Mavericks are reportedly still in the running for the 27-year-old guard, while other teams have shown interest, but may not have the financial means to make a competitive offer. Few teams have substantial cap space remaining, so Ellis may prefer a sign-and-trade to get the destination of his choice.
Broussard's sources expect Ellis to sign with Dan Fegan of Relativity Sports. However, it's my understanding that after firing an agent, a player must wait 15 days before hiring a new one. Unless that rule has changed or there's a technicality I don't know about, Ellis may have to be represented by the NBPA in the short-term.
Hawks Sign Paul Millsap To Two-Year Deal
JULY 10TH: The Hawks have officially signed Millsap, the team announced today in a press release.
JULY 5TH: The Hawks have agreed to a deal with power forward Paul Millsap, tweets Chris Vivlamore of the Atlanta Journal-Constitution. It's a two-year deal, Vivlamore adds via Twitter. Alex Kennedy of HoopsWorld first reported the two sides were in serious discussions. The pact will total $19MM, according to Bill Oram of The Salt Lake Tribune (Twitter link).
Millsap, a client of agent DeAngelo Simmons, gets a slight bump from his $8.6MM salary this past season, and presumably will be playing power forward next to Al Horford in Atlanta. Horford is one of just three returning Hawks players who entered the summer with guaranteed contracts, though Atlanta re-signed Kyle Korver earlier this week. The Hawks, armed with plenty of cap space, figure to be active now that Dwight Howard is heading to Houston instead of his hometown, and the team has already been linked to a possible sign-and-trade involving Josh Smith and Omer Asik.
The Jazz renounced their rights to Millsap earlier today after absorbing the expiring contracts of Richard Jefferson, Andris Biedrins and Brandon Rush. That rendered Utah unable to make a competitive bid to retain Millsap, since the Jazz are up against the cap.
Bucks Readying Offer Sheet For Jeff Teague
There are strong indications that the Bucks are preparing an offer sheet for restricted free agent Jeff Teague, according to ESPN.com's Marc Stein (via Twitter). Stein adds (via Twitter) that the threat of an offer sheet could lead the Hawks and Bucks to ramp up talks on a potential sign-and-trade.
Throughout free agency, Milwaukee has been said to covet Teague, and the Hawks have been linked to both Monta Ellis and Brandon Jennings, making a sign-and-trade deal a realistic possibility. However, it appears the Bucks' interest in Teague may be stronger than Atlanta's interest in either Ellis or Jennings. The Hawks also don't seem all that enthused by the possibility of re-signing Teague and are have shown some interest in Mo Williams as an alternative, according to Stein (via Twitter), so it will be interesting to see what the team decides to do in this situation.
There are a few points worth mentioning on a potential offer sheet for Teague from Milwaukee. First, if Teague officially signs an offer sheet from the Bucks, the teams will no longer have the option of working out a sign-and-trade — the Hawks would have three days to either match the offer or let Teague walk to the Bucks. Additionally, as Zach Lowe of Grantland points out (via Twitter), Milwaukee would likely have to make at least one corresponding roster move to clear space for a competitive offer for Teague. That could mean amnestying Drew Gooden, or renouncing their rights to Jennings and Ellis.
In other words, there's some incentive for both sides to negotiate a sign-and-trade here, so the rumblings that the Bucks are readying an offer sheet may be just a tactic to move those negotiations forward.
Hawks, Mavs, Kings Finalists For Monta Ellis?
3:44pm: The Bulls made a run at Ellis in hopes of acquiring him via sign-and-trade, but couldn't make the other roster moves necessary to complete a deal, according to Shams Charania of RealGM.com. Charania writes that the Kings appear to be in the lead for Ellis, with the Hawks and Mavs also in play. Whatever team Ellis decides on will likely have to make at least one roster move to create room for him.
2:46pm: A source tells TNT's David Aldridge that Ellis' decision may come down to the Hawks and Mavericks (Twitter link). Aldridge adds that Ellis remains interested in Sacramento, but the Kings' acquisition of Luc Mbah a Moute may take them out of the mix.
Meanwhile, in his full story on Ellis, Broussard goes into detail on each suitor's pursuit of Ellis, noting that the Mavs are hoping to land both Ellis and Andrew Bynum, and are shopping Shawn Marion in an effort to make room. The Hawks are considering a sign-and-trade involving Jeff Teague, the Bobcats are waiting to see what happens with Gerald Henderson, and the Kings are exploring trading Marcus Thornton, though again, the Mbah a Moute deal could reduce Sacramento's chances.
2:00pm: Among the free agents still on the board, none had a higher scoring average last season than Monta Ellis. But the top scorer on the market may not be available for long. According to ESPN.com's Chris Broussard (via Twitter), Ellis hopes to make a decision on his destination within the next 48 hours, choosing from a group of suitors that includes the Hawks, Kings, Bobcats, and Mavericks.
The Hawks and Kings have been the teams most often linked to Ellis in the last several days, though the Mavs were also identified as a potential destination for him earlier in the free agent period. I believe this is the first we've heard of the Bobcats' interest, though it's probably not "serious," according to Rick Bonnell of the Charlotte Observer (via Twitter). Depending on what other moves are made, and how big a starting salary Ellis receives, some of those teams may need to negotiate a sign-and-trade with the Bucks rather than signing him outright.
Ellis, 27, declined an $11MM player option to hit free agency, and also reportedly turned down a three-year, $36MM extension offer from the Bucks last season, so he'll likely be seeking a starting salary in that $10-12MM neighborhood.
2013 Amnesty Primer
Today is the last day of the July moratorium, which means NBA teams can officially resume full activity beginning tomorrow. In addition to signaling the end of the moratorium, July 10th also marks the first day that teams are eligible to amnesty players. This year's amnesty period will run from the 10th until the 16th — after that, teams that still haven't used their amnesty clause won't get another chance to do so until next July.
With amnesty week upon us, here's a refresher on how the process works, which teams still have the amnesty option available, and which players remain amnesty-eligible….
How does it work?
The amnesty provision provides a team an opportunity to clear a bad contract from its books for salary cap and luxury tax purposes. Although a team still has to pay the remainder of the amnestied player's salary, as it would for any released player, the player's salary no longer counts against the team's cap (except for minimum payroll purposes) when the amnesty clause is used. For instance, if and when the Lakers amnesty Metta World Peace, they'll still pay him his full $7,727,280 salary for 2013/14, but will remove that figure from the cap, significantly reducing the team's tax bill.
The amnesty provision can be used on any player, as long as the following rules are observed:
- A team can only amnesty one player — not one player per season.
- The amnesty provision can only be used on a player who signed his contract prior to July 1st, 2011. If a contract was signed, extended, or renegotiated after that date, the player cannot be amnestied.
- A team can only use its amnesty provision on a player who was on its roster on July 1st, 2011. If a player was traded after that date, he cannot be amnestied.
- The amnesty clause can only be used during the seven days following the July moratorium. If a team doesn't amnesty a player during that week, it won't get another chance to do so until the following July.
- A team that has yet to use its amnesty clause can do so in any of the next three years. The 2015/16 season is the last year in which a player can be amnestied under the current CBA.
Amnestied players are placed on waivers, but the waiver rules are slightly different than usual. An under-the-cap team can still place a full waiver claim on an amnestied player, if it doesn't mind being on the hook for the rest of the player's contract. However, clubs also have the option to submit partial waiver claims, in what essentially amounts to an auction for the player's services. If no team places a full claim, the team with the highest partial claim is awarded the player. If two teams bid the same amount, the club with the worse record wins out. If neither a full or partial claim is submitted, the player becomes an unrestricted free agent.
For a few more details on the amnesty process, check out our complete explanation in the Hoops Rumors glossary.
Which teams still have the amnesty provision available?
Exactly half of the NBA's 30 teams have used the amnesty provision in the last two offseasons, leaving 15 clubs with the option of amnesty still at their disposal. These are the teams still in play, per our amnesty provision tracker:
- Atlanta Hawks
- Boston Celtics
- Charlotte Bobcats
- Chicago Bulls
- Detroit Pistons
- Los Angeles Lakers
- Memphis Grizzlies
- Miami Heat
- Milwaukee Bucks
- New Orleans Pelicans
- Oklahoma City Thunder
- Sacramento Kings
- San Antonio Spurs
- Toronto Raptors
- Utah Jazz
The Pelicans no longer have any amnesty-eligible players left on their roster, and reports have suggested the Bobcats will amnesty Tyrus Thomas, while the Lakers will amnesty World Peace. That would leave just 12 teams with the amnesty option available.
Which players are still eligible to be amnestied?
While there are 35 players still eligible to be amnestied, some are likelier candidates than others. I examined a few of this summer's potential amnesty candidates back in March, but here's the complete list of players that technically remain amnesty-eligible, along with the total money left on their deals:
- Atlanta Hawks: Al Horford ($36MM)
- Boston Celtics: Rajon Rondo ($24.86MM), Avery Bradley ($2.51MM)
- Charlotte Bobcats: Tyrus Thomas ($18.08MM)
- Chicago Bulls: Joakim Noah ($36.7MM), Carlos Boozer ($32.1MM), Luol Deng ($14.28MM)
- Detroit Pistons: Charlie Villanueva ($8.58MM), Greg Monroe ($4.09MM)
- Los Angeles Lakers: Kobe Bryant ($30.45MM), Pau Gasol ($19.29MM), Metta World Peace ($7.73MM), Steve Blake ($4MM)
- Memphis Grizzlies: Zach Randolph ($34.3MM), Mike Conley ($26.08MM)
- Miami Heat: LeBron James ($61.77MM), Chris Bosh ($61.77MM), Dwyane Wade ($60.49MM), Mike Miller ($12.8MM), Udonis Haslem ($8.96MM), Joel Anthony ($7.6MM)
- Milwaukee Bucks: Drew Gooden ($13.37MM), Larry Sanders ($3.05MM)
- New Orleans Pelicans: No players eligible
- Oklahoma City Thunder: Kevin Durant ($56.99MM), Kendrick Perkins ($18.63MM), Nick Collison ($4.83MM), Thabo Sefolosha ($3.9MM)
- Sacramento Kings: John Salmons ($14.58MM), DeMarcus Cousins ($4.92MM)
- San Antonio Spurs: Tony Parker ($25MM), Matt Bonner ($3.95MM)
- Toronto Raptors: Amir Johnson ($13.6MM), Linas Kleiza ($4.6MM)
- Utah Jazz: Derrick Favors ($6.01MM), Gordon Hayward ($3.45MM)
FA Updates: Brewer, Teague, Hawks, Knicks, Lucas
With the July moratorium scheduled to be lifted tomorrow, free agent contracts can finally become official, and tomorrow should be a busy day, as teams and players formally finalize their agreements from the last nine days. However, there are still plenty of players on the market in search of a new team, or a deal with their old team. Here's the latest on a few of them:
- Darren Wolfson of 1500 ESPN Twin Cities tweets that the Timberwolves have spoken to Corey Brewer's reps, and Jerry Zgoda of the Star Tribune hears from a source close to Brewer that the Wolves "would love him" (Twitter link).
- The Bucks' interest in Jeff Teague is "undeniable," but it's not clear if the Hawks are ready to take back Brandon Jennings or Monta Ellis in a sign-and-trade, says ESPN.com's Marc Stein (via Twitter).
- After passing along a handful of Knicks updates this morning, Jared Zwerling of ESPNNewYork.com provides a couple more. According to Zwerling, there's still mutual interest between the Knicks and Aaron Brooks, and the team also has some interest in Shawne Williams, though there's "nothing firm" there (Twitter links).
- Jeff Zillgitt of USA Today reports that John Lucas III met with the Jazz in Orlando yesterday, and hears from agent Bernie Lee that Lucas will meet with another team today in his hometown of Houston. According to Bill Oram of the Salt Lake Tribune (via Twitter), four teams, including the Jazz, are interested in the free agent point guard.
- Before he agreed to sign with the Pistons, Italian forward Gigi Datome drew interest from the Celtics, Bucks, Rockets, Suns, Spurs, and Grizzlies, tweets Vincent Ellis of the Detroit Free Press.
Andrew Bynum Decision Coming Today?
9:28am: In spite of rumors that Bynum could make his decision today, the Mavs still expect him to visit tomorrow, according to the Cleveland Plain Dealer (via Twitter). Meanwhile, the Cavs are hammering out the specific terms of their offer to Bynum, according to the Plain Dealer (via Twitter).
9:05am: After sitting down with the Cavaliers on Monday, Andrew Bynum will meet with Hawks officials today, and could have a contract agreement in place within the next 24 hours, reports Ken Berger of CBSSports.com. Berger hears from a source that there "should be a deal today."
When the Cavs met with Bynum yesterday, they reportedly made him a two-year offer worth $24MM, with a team option on the second year. Despite Cleveland's serious interest, the free agent big man planned to proceed as scheduled to meetings with the Hawks and Mavericks, as ESPN.com's Marc Stein tweeted late last night.
Presumably, Bynum's meeting with Dallas isn't also scheduled for today, so if he makes a decision tonight, that may rule out the Mavericks. Berger's report seems to be somewhat at odds with Stein's, as the ESPN.com scribe also tweeted that he thought the Cavs viewed Dallas as a much more serious threat than Atlanta.
In any case, it seems Bynum will end up committing to either the Cavs, Hawks, or the Mavs at some point this week, perhaps as soon as today. All three clubs figure to be interested in the 25-year-old on a short-term, incentive-laden contract. As Stein tweeted last night, the Cavs' interest in Bynum stems from the fact that he's a potential All-Star center whose lost 2012/13 season makes him very attainable, and I'd imagine the Hawks and Mavs are thinking along the same lines.