Northwest Notes: A-Rod, Garnett, Nuggets, Mitchell
The sale of the Timberwolves shouldn’t be considered in jeopardy because of Alex Rodriguez’s reported financial situation, according to Jon Krawczynski of The Athletic. Krawczynski talked to multiple sources who still expect the transaction to be completed as originally drawn up, even though a New York Post story this week questioned whether Rodriguez will have the money for his share of the next payment.
Rodriguez and Marc Lore have a unique arrangement with current owner Glen Taylor in which they are taking over full ownership on an installment plan. The next payment is due at the end of this year and the final one must be made by December 31, 2023. Krawczynski says there has been skepticism in some parts of the league about Lore and Rodriguez since the deal was announced, but there’s no immediate reason to believe they’ll miss either payment.
Krawczynski also notes that the duo has earned Taylor’s trust, as he empowered them to recruit president of basketball operations Tim Connelly away from Denver and gave them a voice on the Rudy Gobert trade.
There’s more from the Northwest Division:
- The Timberwolves, including Lore and Rodriguez, want to fix their relationship with Kevin Garnett and eventually retire his jersey, Krawczynski adds. The former All-Star may get the chance to buy a small piece of the team, although Krawczynski hasn’t heard of any “substantive discussions” toward that end. Garnett has also discussed being part of an ownership group for an expansion team in Seattle.
- The Nuggets traded for Kentavious Caldwell-Pope and signed Bruce Brown this offseason because of their projected fit alongside Nikola Jokic, assistant general manager Tommy Balcetis said in an interview with Fastbreak on Fan Nation. “Getting Kentavious Caldwell-Pope and Bruce Brown are both moves that really stand out for us because they are two players who understand their roles and are tailor-made to play with someone like Nikola,” Balcetis said. “… With Kentavious, his abilities to shoot and defend at a high level are what separate him from others who play his position. Bruce is a versatile guy on both ends of the floor that will fit into any role we need him in as well.”
- The Jazz offered a farewell message to Donovan Mitchell after his trade to the Cavaliers became official today (Twitter link). “We got to watch you light up the league as a rookie and cheer you on as you became a perennial All-Star,” it read. “We witnessed you embrace and serve our community while standing for what’s right and uniting Jazz fans everywhere. Thank you for all the good you did here @spidadmitchell.”
Knicks Rumors: Mitchell, Rosas, Barrett, Grimes
The Knicks believe they could have topped the offer that sent Donovan Mitchell to the Cavaliers, but they never got the chance to make a counterproposal, writes Stefan Bondy of The New York Daily News. Talks with the Jazz were on hold after word leaked late Monday night about an extension agreement with RJ Barrett. The Knicks were hoping to resume negotiations, but Utah reached a deal with Cleveland before that could happen.
Some members of the Knicks didn’t feel like they got “a fair shake” in the trade talks, and Bondy wonders whether the experience is related to the team’s high-profile appearance at a Jazz-Mavericks playoff game in April. New York, which was known to have interest in both Mitchell and Jalen Brunson, whom it ultimately signed, sent executives William Wesley and Allan Houston to the game, along with Julius Randle. They all sat at courtside, which reportedly upset officials from both Utah and Dallas.
The Knicks could have offered the Jazz more draft assets than they got from Cleveland, and they believe their early offers that centered on Barrett and first-round picks were better than the final deal. Bondy states that it’s unlikely that Utah executive Danny Ainge would sabotage a deal because of bitterness over the playoff stunt or a feud with CAA, but Bondy notes that Ainge only made one trade with the Knicks during his 18 years in the Celtics’ front office.
There’s more from New York:
- Gersson Rosas, who serves as senior basketball advisor with the Knicks, handled most of the negotiations with Utah, sources tell Gary Washburn of The Boston Globe. Rosas has a friendly relationship with Jazz general manager Justin Zanik, so they did most of the talking instead of Ainge and Knicks president Leon Rose, according to Washburn’s sources. Although Rosas didn’t complete the deal, the report shows that he has assumed more than just an advisory role with the franchise.
- The Knicks’ decision to give Barrett an extension was in reaction to the failed talks with the Jazz, per Marc Berman of The New York Post. A league source tells Berman that under normal circumstances, the team would have preferred to watch Barrett go through training camp before discussing the extension or possibly even wait until he hit restricted free agency next summer. The Knicks drafted Barrett before Rose and Wesley joined the organization. “They didn’t want to pay RJ now, they like RJ, but he’s not one of their guys,’’ Berman’s source said. “The preference was to trade him in a Donovan deal. … If they got Donovan without Barrett in the deal, they weren’t going to pay RJ now.’’
- New York’s priority in trade talks was keeping Quentin Grimes, states David Aldridge of The Athletic. Aldridge recommends that the Knicks should dip into their stockpile of draft assets to try to get Myles Turner and Buddy Hield from the Pacers.
Central Notes: Osman, Bitadze, Cunningham, Bulls
Cedi Osman believes the Cavaliers will “definitely” be contenders in the Eastern Conference following the trade for Donovan Mitchell, writes Edvinas Jablonskis of BasketNews. Osman commented on the deal in a press conference at EuroBasket, where he scored 25 points in today’s win over Bulgaria.
“Obviously, it’s a great addition to the team,” he said. “I believe that everybody [in the organization] is excited.”
With Mitchell and Darius Garland in the backcourt and Jarrett Allen and Evan Mobley up front, Cleveland has four set starters heading into training camp. Osman, who had been a starter before transitioning to a reserve role over the past two seasons, will be in contention to join them.
There’s more from the Central Division:
- Also taking part in EuroBasket is Pacers center Goga Bitadze, who is hoping for an increased role this season following the trade of Domantas Sabonis, per Tony East of Forbes. Bitadze hasn’t played more than 54 games in any of his three years with Indiana, and with Myles Turner still on hand, along with Jalen Smith, Isaiah Jackson, Oshae Brissett, Terry Taylor and Daniel Theis, Bitadze will still be in a fight for playing time. “It takes reps, it just takes playing in live games,” Bitadze said when asked what’s needed to improve as a player.
- Cade Cunningham is hoping to take the next step after the most exciting season from any Pistons rookie since Grant Hill, states Keith Langlois of NBA.com. Cunningham was torrid after the All-Star break — averaging 21.0 points, 5.8 rebounds and 6.4 assists per night — and Langlois believes he’ll be in All-Star contention if he can continue that production this season.
- The Cavaliers’ acquisition of Mitchell may push the Bulls down another notch in the Eastern Conference playoff race, according to K.C. Johnson of NBC Sports Chicago. After injuries led to a late fade last season, Chicago is counting on renewed health to advance past the first round of the playoffs, but it may not be enough considering the improved competition. Johnson cites the Celtics, Bucks, Sixers, Heat and Nets as the top teams in the East and says the Bulls will be fighting with the Cavs, Raptors and Hawks to avoid the play-in tournament.
Bucks Notes: Giannis, Mamukelashvili, Lee, Kerr
The Bucks and the Greek Basketball Federation have a working relationship regarding Giannis Antetokounmpo‘s presence on the Greek national team, writes Eric Nehm of The Athletic. Greece named Bucks assistant Josh Oppenheimer to its coaching staff so he can monitor Antetokounmpo’s workouts and game preparation. Milwaukee’s sports science group is also involved, and head coach Mike Budenholzer has been attending practices and games.
“It feels like it’s reached a level of cooperation that is pretty high-level,” Budenholzer said. “I don’t think we, either side, has really ever had that before, and so it gives you more confidence that he can compete for his national team, which is very important to him, and still be taking care of himself and still be preparing and getting ready for the NBA season, which is the best of both worlds.”
The relationship between the Bucks and the Greek team wasn’t nearly this friendly before Budenholzer arrived in Milwaukee, Nehm adds. The most famous incident occurred during the last EuroBasket in 2017 when Antetokounmpo announced that he wouldn’t be available to play because of a knee injury that the Bucks’ medical staff discovered. The Greek Basketball Federation accused him of colluding with the team to skip the competition, although an NBA investigation determined that all protocols in the NBA-FIBA agreement were followed correctly.
Budenholzer believes players benefit from international competitions, saying he learned the value during his days as an assistant in San Antonio when Tony Parker and Manu Ginobili were regulars on the international stage.
There’s more on the Bucks:
- Sandro Mamukelashvili, who was on a two-way contract last season, is making his international debut in EuroBasket with Georgia’s national team, Nehm adds. At 6’11”, he’s out of position as the starting small forward, but he’s doing his best to fit in. “Coming here, there are guys that have been playing on the national team for 10 years plus, 15 years,” Mamukelashvili said. “So, coming in, you just gotta find your role, find how you can help the team.”
- Bucks assistant Charles Lee is thrilled to be taking part in a Basketball Without Borders camp in Cairo, Egypt, per Jim Owczarski of The Milwaukee Journal-Sentinel. “I’ve always wanted to be part of this initiative and event because of what it does just for our game and what it’s doing for kids in Africa and giving them the resources and the experience to get some quality coaching, some quality game reps and some quality teaching in a four-day period,” Lee said. “This whole thing has just been an unbelievable experience for me to be a part of.”
- Steve Kerr, who’s among five NBA head coaches participating in the Basketball Without Borders camp, told the Egyptian media outlet FilGoal that Antetokounmpo is the non-Warrior he would most like to coach (Twitter link).
Warriors Notes: Poole, Moody, DiVincenzo, Curry
The Warriors will either have to reach a rookie scale extension with Jordan Poole by October 17 or deal with him as a restricted free agent next summer. Either way, new contracts around the league are already setting his market value, writes Dalton Johnson of NBC Sports Bay Area.
Anfernee Simons and Jalen Brunson, two guards with credentials similar to Poole, signed new free agent deals in excess of $100MM this summer. On Monday, RJ Barrett, who was part of Poole’s draft class, reached an extension agreement with the Knicks that could pay him up to $120MM over the next four years.
While those three players are accomplished, none has a playoff resume that can compare to Poole’s. At age 22, he was Golden State’s second-best offensive player on the way to an NBA title. He also showed that he can be a primary scorer if needed, averaging 26.0 points over 13 games late in the regular season while Stephen Curry was sidelined by a foot injury.
There’s more on the Warriors:
- Moses Moody saw limited playing time as a rookie, but he projects to have a much bigger role during the upcoming season, according to C.J. Holmes of The San Francisco Chronicle. Moody is expected to take over some of the minutes that formerly belonged to Gary Payton II, who signed with the Trail Blazers in July. “I’m telling you, he’s going to fill the stat sheet up,” an unidentified staffer said of Moody. “He’s just going to continue to get better and make plays.”
- The Warriors believe free agent addition Donte DiVincenzo‘s intelligence and toughness make him a perfect fit for their system, Holmes adds in the same piece. The coaching staff and front office have been impressed with DiVincenzo this summer, even though they’ve only seen him in individual workouts.
- Curry returned Wednesday to Davidson College, where he was inducted into the school’s hall of fame, had his number retired and received his diploma, per Kendra Andrews of ESPN. “This is an absolutely amazing day and an amazing moment for myself and my family,” said Curry, who completed his degree in May.
International Notes: EuroBasket, Dragic, Bjelica, Satoransky, Prigioni
Europe’s largest basketball tournament will tip off Thursday morning for the first time in five years. EuroBasket 2022 will feature more than 30 NBA players, including stars such as Nikola Jokic, Giannis Antetokounmpo, Luka Doncic and Rudy Gobert.
Twenty-four teams are involved, with four nations hosting preliminary games, leading up to the gold medal contest Sept. 18 in Berlin, Germany. The tournament used to be held every two years, but it was switched to four-year intervals beginning in 2017. It was delayed an extra year because the Olympics had to be pushed back from 2020 to 2021 due to COVID-19.
Slovenia is the defending champion, with Goran Dragic earning MVP honors in 2017. He didn’t play internationally last year, but has returned to help defend the title, according to Eurohoops.
“A challenging tournament is ahead of us, which we are all looking forward to,” Dragic said. “The championship will be one of the most even ever, as most of the national teams have their strongest possible rosters. As professional athletes, we naturally prefer to play against the best. This gives us additional momentum and presents us with a great challenge. We trained well, the team is ready and we can’t wait for the opening match against Lithuania.”
A full schedule for the event, including the opening matchup between Bulgaria and Spain, is available at ESPN.
There’s more international news to pass along:
- Nemanja Bjelica, who played for the Warriors last season, was left off Serbia’s EuroBasket roster because of an injured calf, per Eurohoops. Bjelica missed last week’s FIBA World Cup Qualifiers with the same injury, which he suffered in mid-August. Serbia, led by Jokic, is considered one of the top teams in the tournament even without Bjelica.
- A final decision on Tomas Satoransky‘s availability for the Czech team won’t be announced until Thursday, sources tell Eurohoops. A health official from the Wizards, whom Satoransky ended last season with, was in Prague to help with his recovery from ligament damage to his right ankle.
- Timberwolves assistant and former NBA guard Pablo Prigioni has been named head coach of Argentina’s national team, Eurohoops relays. “My feeling for the National Team is big, as is my commitment to this group,” Prigioni stated in a press release. “The Argentina shirt is the most important thing. We are focused, staff and players, on giving our best in the tournament that lies ahead.” His first challenge will be the AmeriCup tournament, which begins Friday in Brazil.
Central Notes: Ball, Westbrook, Turner, Mobley
The Bulls have become more optimistic about the condition of Lonzo Ball‘s injured left knee, K.C. Johnson of NBC Sports Chicago said on the Bulls Talk podcast, though he cautioned that it’s still a “fluid situation.” Johnson added that it’s still impossible to determine when Ball will be ready to play, but the last two times he has checked with the team, the reports have been more positive than negative.
“I’m not saying that means he’s out there opening night. I’m not saying he’s playing all 82,” Johnson said. “What I’m saying is the skepticism that was earlier in the offseason has moved a little bit toward the optimism side.”
Ball had surgery in January for a torn meniscus and was originally expected to return before the end of the season. A bone bruise interfered with his rehab process, and there’s still not a definite timetable for him with training camp less than four weeks away.
There’s more from the Central Division:
- The Pacers should aggressively pursue a Russell Westbrook trade with the Lakers, argues Gregg Doyel of The Indianapolis Star. Doyel doesn’t expect Westbrook to become a star again in Indiana, but he says taking on the $47MM expiring contract would be worth it to get L.A.’s first-round picks in 2027 and 2029. Doyel also points to Myles Turner and Buddy Hield as the best return the Lakers are likely to get for Westbrook. Doyel adds that the value of the two first-rounders is that they can be moved in other deals to help build around Tyrese Haliburton.
- Turner, who’s headed for free agency in 2023, is expected to want more than $20MM a year in his next contract, according to Michael Scotto of Hoops Hype. That price will affect his trade value as the Pacers look for potential deals.
- Cavaliers associate head coach Greg Buckner calls Evan Mobley “H.O.F.” and believes he can develop into one of the best players in league history (audio link from Mat Issa of Basketball News). “Evan’s a worker, by all means,” Buckner said. “I think Evan, when it’s all said and done, will be a top-20 player [all-time], if he stays healthy.”
And-Ones: McCaw, Cole, LeBron, D. Whitehead, League Pass
Team USA isn’t filled with stars for this summer’s competition, but their absence could help players like Patrick McCaw and Norris Cole get another shot at the NBA, writes Tim Reynolds of The Associated Press. They’re part of the American team participating in the FIBA AmeriCup tournament, which begins Friday in Brazil.
“I think it’s more about representing the USA for me right now,” said McCaw, who played for three teams in five years and won championship rings in his first three NBA seasons. “I want to make it back to the NBA. I know that’s a process. And I know one day, whenever, next week, next month, next year, when it’s supposed to happen, it’ll happen. But right now, I’m just focusing on this USA, wearing these three letters, giving my all to this team and representing the United States of America.”
The odds may be even longer for Cole, who went to the NBA Finals with the Heat during his first three seasons in the league. Cole has been out of the league since 2017 and has been trying to revive his career with a long list of overseas teams.
“I still have the ability,” said Cole, who will turn 34 in October. “God has still blessed me with the ability. I still have the fire, the hunger and I still feel like I have something to prove, things that I would like to accomplish as a player. That feeling of winning a championship, the mission, the goal, the work to try to get to that point again, that’s what drives me as a competitor. And I want that feeling again.”
There’s more news from around the basketball world:
- LeBron James talks to Chris Ballard of Sports Illustrated about his desire to eventually play in the NBA with his teenage sons. Bronny is a high school senior and will be eligible for the draft in 2024, but Bryce is only 15 and can’t get to the league until 2027, raising questions of whether LeBron has that many years left. “I feel like I could play for quite a while,” he said. “So it’s all up to my body, but more importantly, my mind. If my mind can stay sharp and fresh and motivated, then the sky’s not even a limit for me. I can go beyond that. But we shall see.”
- Duke’s Dariq Whitehead, projected as a top-10 pick in next year’s draft, had surgery on Tuesday for a fracture in his right foot, per Myron Medcalf of ESPN. Whitehead is out indefinitely and the school says he will return sometime “this fall.”
- The NBA has reduced the price of League Pass by more than half for the upcoming season, according to Jacob Feldman of Yahoo. The standard price has been cut from $230 to $100, and the premium package has fallen from $280 to $130.
Heat Notes: Morris, PF Options, Herro, Haslem
The departure of Markieff Morris, who agreed to a deal with the Nets on Tuesday, means the Heat‘s revolving door at power forward will continue, writes Ira Winderman of The Sun-Sentinel. Morris and P.J. Tucker, who were free agent additions last summer, both signed elsewhere during the offseason. Winderman notes that Miami has been through eight power forwards since Bam Adebayo became the starting center in 2019/20.
Morris’ departure was virtually assured when Udonis Haslem announced last week that he was returning for a 20th season, Winderman adds. Miami will keep one roster spot open due to luxury tax concerns, so there was no room for Morris once fellow free agents Caleb Martin, Victor Oladipo and Dewayne Dedmon all reached new deals.
Martin, who is expected to replace Tucker as the starting power forward, re-signed with Miami for its full taxpayer mid-level exception and will receive $20.4MM over the next three years. He was reportedly about to get a better offer from a rival team, but he preferred to remain with the Heat. Winderman points out that if Tucker had taken the MLE, Miami’s starting point on a new deal with Martin would have been limited to the $4.1MM bi-annual exception.
There’s more on the Heat:
- Utah’s Bojan Bogdanovic and Atlanta’s John Collins are players to watch if the Heat decide to trade for a power forward, according to Barry Jackson of the Miami Herald. The Jazz haven’t expressed a desire to part with Bogdanovic, but he has a $19.5MM expiring contract and could become expendable if Utah commits to rebuilding. The Hawks have explored the trade market for Collins, but he has an expensive contract that pays him more than $75MM over the next three seasons, along with a $26.6MM player option for 2025/26. Jackson doesn’t believe Miami should give up a first-round pick for either player.
- The Knicks’ extension agreement with RJ Barrett is likely to be similar to what the Heat offer Tyler Herro if he’s not traded, Winderman adds in a separate piece. Herro is eligible for a five-year max extension worth up to $188MM, but Winderman expects his final deal to be more in line with Barrett, whose four-year deal can be worth up to $120MM if he earns several bonuses.
- Suns star Chris Paul supports Haslem’s decision to play another season, per Joseph Zucker of Bleacher Report. “You all saw that stuff with Udonis Haslem? Y’all heard everyone talking crazy about him like, ‘Why he on the team? Why he on the team?’ Man, I’m probably his biggest fan,” Paul said to a group of high school players in Los Angeles (video link). “You want to know why? Because young guys need vets. They need somebody like UD showing up every day, if practice at 11:00, he’s probably at the gym at 8:30 every day. To motivate guys. To push guys.”
Alex Rodriguez’s Financial Situation Puts Timberwolves Deal In Jeopardy
Alex Rodriguez is struggling to come up with his share of the money to buy the Timberwolves, according to business writer Josh Kosman of The New York Post.
Rodriguez and Marc Lore were originally supposed to be equal partners in the $1.5 billion purchase, which included a $250MM down payment made in July of 2021. However, three sources tell Kosman that Rodriguez wasn’t able to pay 50% of that cost and Lore had to cover the balance. That leaves Lore with about a 13% share of the team, while Rodriguez is at 7%.
Under the purchase agreement, the prospective owners are required to make their next 20% payment by the end of the year. Kosman’s sources said Rodriguez continues to have difficulty raising his share, and Lore may eventually become the team’s majority owner. “I wouldn’t be surprised if A-Rod becomes a subservient No. 2 to Lore,” one of the sources said.
Lore refused to confirm or deny the report, telling Kosman that he and Rodriguez still work together on all their decisions.
“I couldn’t imagine having a better partner. He is one of my best friends,” Lore said. “There is no one else I would rather be partners with than Alex.”
A source familiar with both investors said Lore teamed up with Rodriguez in a failed attempt to buy the New York Mets in 2020 because he was “completely mesmerized” by Jennifer Lopez, whom Rodriguez was engaged to at the time. The star quality of Lopez created a lot of financial opportunities for Rodriguez, but those have disappeared since their breakup last year.
“His ability to raise capital went from strong to meaningfully weaker,” one of Kosman’s sources said. “J.Lo validated him.”
Rodriguez is reportedly worth about $500MM, but sources say most of his assets aren’t liquid and can’t be easily transferred to cash that could be used to buy the Wolves. Kosman notes that NBA rules won’t allow Rodriguez to become a partial owner unless he can cover at least 15% of the total purchase price without help from co-investors. That figure would be nearly $200MM with the team’s debt factored in.
If Rodriguez and Lore make their next payment on time, they’ll have the opportunity to buy an additional 40% from current owner Glen Taylor and take over control of the team by the end of next year. But a league source tells Kosman that Taylor won’t be disappointed if the current arrangement falls through because he believes the franchise is now worth more than $2 billion and he can make more by selling it to someone else.