And-Ones: Free Agent Market, Payne, Perkins, Booker
The bull market for free agents has ended and there will be few free-spending teams this summer, according to Brian Windhorst and Bobby Marks of ESPN. Many organizations are paying the price for the huge contracts that were handed out in 2016 as cap issues are forcing much of the league to take a more frugal approach.
This season, five teams are on pace to pay the luxury tax, which kicks in with a payroll topping $119MM. Twelve teams are projected to be in tax territory for 2018/19 and several more are in danger of getting there just by re-signing their own free agents. The authors list the Bucks as one team that will cross the line if they hold onto Jabari Parker.
“The luxury tax was not designed for this many teams to pay it,” a league executive told Windhorst and Marks. “Many of those owners probably didn’t think they’d be paying it. Quite a few of those teams are probably going to take steps to get out of the tax or limit new spending.”
When teams were handing out big contracts in the summer of 2016, they were expecting a salary cap in the range of $108MM for next season. That projection has been revised down to $101MM, leaving many in an unexpected dilemma. Only seven teams — the Lakers, Sixers, Bulls, Hawks, Mavericks, Suns and Nets — will have more than $10MM available to chase free agents, and virtually all of those teams are in rebuilding mode.
NBA agent Mark Bartelstein expects the situation to improve in 2019 and 2020 when those 2016 contracts start to expire.
There’s more NBA-related news this morning:
- Max and “supermax” deals are the reason more stars seem to be on the trade market, writes Kevin O’Connor of the Ringer. Clippers consultant Jerry West had been urging owner Steve Ballmer to trade Blake Griffin ever since Chris Paul let the team know he wouldn’t be re-signing. Ballmer was convinced after Griffin’s latest injury, recognizing the risks of paying him $171MM over five years, including nearly $39MM in the 2021/22 season when he will be 32. Teams are taking stock of their future and weighing whether maxing out a star is worth giving up financial flexibility. O’Connor predicts fewer mid-sized deals, like the approximately $17MM the Magic are giving to Bismack Biyombo and Evan Fournier, in favor of more non-taxpayer midlevel exceptions, which are valued at $8.4MM an will rise to about $10MM before the current CBA expires.
- Adreian Payne, who was waived by the Magic last month in the wake of the Michigan State scandal, had signed to play in Greece, relays the Associated Press. Payne had a two-way contract and played just four games for Orlando.
- Veteran center Kendrick Perkins has decided to leave the G League Canton Charge, tweets Jeremy Woo of Sports Illustrated. Several teams have contacted him about signing after the deadline, and he may consider playing in China or Japan next year, depending how the rest of this season turns out, adds Jake Fischer of Sports Illustrated (Twitter link). Perkins officially “retired” from the G League so the Charge can receive compensation, according to 2 Ways & 10 Days.
- Sixers forward Trevor Booker has changed agents in advance of his upcoming free agency, tweets Jeff Zillgitt of USA Today. Booker has signed with Jim Tanner’s Tandem Sports + Entertainment.
- Lavoy Allen, who played 61 games for the Pacers last season, has joined the Northern Arizona Suns of the G League, the team tweeted.
Spurs Interested In Trading For Avery Bradley
FEBRUARY 8, 8:23am: According to Jake Fischer of SI.com (Twitter link), the Pistons discussed the possibility of trading Bradley or Stanley Johnson to San Antonio for Danny Green before including him in the Blake Griffin trade, so it makes sense that the Spurs would still have interest.
One potential deal the Spurs and Clippers have discussed is Green and a first-round pick in exchange for Bradley, league sources tell Stein (Twitter link). However, San Antonio would prefer not to part with a first-rounder, Stein adds (via Twitter).
FEBRUARY 7, 10:31pm: The Spurs have become a “trade suitor” for Clippers guard Avery Bradley, tweets Marc Stein of The New York Times.
Bradley was acquired from the Pistons last week in the deal that sent Blake Griffin to Detroit. He has an $8.8MM expiring contract and reportedly isn’t in the Clippers’ long-term plans. He has been productive in two games for L.A., playing 30 minutes per night and averaging 10.0 points.
The Spurs have been shorthanded on the wing with both Kawhi Leonard and Rudy Gay sidelined by injuries. It would take Gay, Danny Green or a combination of smaller salaries to match up with Bradley’s, and the Clippers will probably want some draft assets in return.
Cavs, Clippers Continue To Discuss DeAndre Jordan
FEBRUARY 8, 7:48am: The Cavaliers and Clippers continue to discuss the possibility of a Jordan trade, and have had conversations with possible third teams as they explore ways to make a deal, league sources tell ESPN’s Adrian Wojnarowski (Twitter link).
FEBRUARY 7, 5:59pm: Clippers center DeAndre Jordan is the “number one target” for the Cavaliers in advance of tomorrow afternoon’s trade deadline, according to Shams Charania of Yahoo Sports. Appearing on a podcast with Chris Mannix, Charania says Cleveland’s front office continues to hold out hope of a deal.
The Cavs’ dream scenario is for L.A. to accept an offer that includes what Charania calls one of their “bad contracts” — either J.R. Smith or Tristan Thompson — along with Cleveland’s first-rounder in exchange for Jordan. The Clippers reportedly won’t consider the deal unless Brooklyn’s unprotected first-round pick is included.
Smith is signed for $14.72MM next season plus a non-guaranteed $15.68MM in 2019/20, while Thompson will make more than $36MM over the next two years. The Nets’ pick is No. 8 in our latest Reverse Standings, and Cleveland’s falls at 24th.
Jordan is putting up typical numbers in his 10th season with the Clippers, averaging 11.5 points, 14.9 rebounds and 1.0 blocks per game. He could be a difference maker for a porous Cavaliers team that is 28th in the league in defensive rating. Jordan can opt out of his more than $24MM salary for next season and become a free agent this summer.
Trade Deadline Notes: Evans, Hill, Hood, Mavericks
One of the most important deadlines on the NBA calendar is less than 24 hours away, and teams are preparing their best offers as we head for 2:00pm Central. We’ll find out soon if any more franchise-altering moves are in store for this season, but in the meantime here are some Wednesday night trade rumors:
- The Celtics remain in the running for Grizzlies guard Tyreke Evans, but there’s a sense that Memphis is getting better offers elsewhere, according to Steve Bulpett of The Boston Herald. A GM from another team tells Bulpett that Boston is waiting to swoop in if talks with those other clubs fall apart. Evans’ value figures to have increased after Lou Williams agreed to an extension with the Clippers today, taking one high-scoring guard off the market.
- Multiple teams have shown interest in George Hill, but the Kings don’t want to take on bad contracts, reports Jason Jones of The Sacramento Bee. The Cavaliers have been the team most prominently linked to the veteran guard, but Jones says the Rockets and others have contacted Sacramento about Hill. Houston could match salaries with Ryan Anderson, but he is owed more than $41MM over the next two seasons and the Kings want to avoid cutting into their future cap space. They are seeking young players and draft picks in return for Hill.
- Teams have also called the Kings about veterans Garrett Temple, Vince Carter and Kosta Koufos, Jones adds in the same story. Both Temple ($8MM) and Koufos ($8.74MM) have player options for next season, while the 41-year-old Carter is on an expiring deal.
- Jazz swingman Rodney Hood told Shams Charania of The Vertical that he expects to be traded. “I’ve had great times in Utah, but regardless of where I’m playing, whether it’s there or somewhere else, I’m going to stay professional,” Hood said. “I’m going to stick with it. My gut feeling is that I won’t be here by the deadline. I’ve enjoyed my time here, but I’ve felt isolated the past month and I would not be surprised if I was moved.”
- The Mavericks are being offered players by teams trying to unload salary, but they aren’t getting enough incentives to make the deals worthwhile, according to Eddie Sefko of The Dallas Morning News. Sefko lists Jordan Clarkson and Julius Randle of the Lakers and J.R. Smith of the Cavaliers as players who would be available if Dallas doesn’t mind committing the cap space.
- The Knicks may be in the market for more deals after sending Willy Hernangomez to the Hornets, writes Adam Zagoria of SNY.tv. Kyle O’Quinn and Courtney Lee are the most likely players to be moved.
Central Notes: Pistons, S. Johnson, Dunn, Bucks
The Disabled Player Exception the Pistons received doesn’t make them more likely to complete another deal before tomorrow’s trade deadline, writes Ansar Khan of MLive. Coach/executive Stan Van Gundy says tax concerns will limit the team’s ability to follow up last week’s blockbuster that brought Blake Griffin to Detroit.
“The chances of that helping us at all are very, very slim because it would take us into the [luxury] tax to begin with and we only have until March 12 to use it,” Van Gundy told reporters before tonight’s game. “I don’t expect it to be of much value, but you want to have every tool at your disposal.”
The Pistons’ DPE is valued at about $5.25MM, half the salary of Jon Leuer, who is out for the season with an ankle injury. The Griffin deal cost the team its top two scorers in Tobias Harris and Avery Bradley, but Van Gundy believes there are still enough good shooters on the roster.
There’s more news from the Central Division:
- It might take a starter and a draft pick to pry Stanley Johnson away from the Pistons, according to Rod Beard of The Detroit News. Johnson is among the team’s best defensive players and has increased his offensive production over the past five games, averaging 15 points, 5.6 rebounds and 3.2 assists.
- Bulls guard Kris Dunn returned to practice today for the first time since suffering a concussion after taking a hard fall in a January 17th game, writes Vincent Goodwill of NBC Sports Chicago. Dunn has been ruled out for Friday’s game, but is hoping to play again before the All-Star break. However, coach Fred Hoiberg warned that may not be possible. “He hasn’t done anything,” Hoiberg said. “His inactivity will prevent him from playing anytime soon. But the important thing is he was able to do some non-contact drills, he’s been on the treadmill, he’s completed the bike portion.” The Bulls are 1-7 without Dunn, who sparked a streak of success after moving into the starting lineup in December.
- The Bucks created a $1.9MM trade exception when they shipped Rashad Vaughn to the Nets on Monday, tweets Bobby Marks of ESPN. Milwaukee also has two other trade exceptions valued at $3,4MM and $5MM.
Nuggets, Jazz Discuss Wilson Chandler, Joe Johnson Deal
Exploratory trade talks between the Nuggets and Jazz have focused on a swap of Wilson Chandler and Joe Johnson, tweets Michael Scotto of The Athletic.
Chandler, 30, remains an important part of Denver’s rotation, although his scoring average and shooting percentages have dropped sharply. He is contributing 8.8 points per night while shooting .414 from the field and .322 from 3-point range, down from 15.7/.461/.337 a year ago. He is making a little more than $12MM this season and has a $12.8MM player option for next year.
Johnson, 36, is averaging 7.3 points in 31 games for Utah, while shooting .422 from the field and .272 from long distance. He had a $10.5MM salary this season on an expiring deal.
Hornets Notes: Walker, Graham, Cho, Hernangomez
The Hornets haven’t changed their public stance about trading Kemba Walker, according to Rick Bonnell and Brendan Marks of The Charlotte Observer. In a conference call earlier today, GM Rich Cho emphasized that the team is open to offers but isn’t actively trying to deal its leading scorer.
“We’re not shopping Kemba, but it’s our job to listen,” Cho said. “It would take something really great to move him. We love Kemba. He’s a great player, All-Star caliber. It wouldn’t surprise me if we did do something, and it wouldn’t surprise me if we didn’t do something.”
The Hornets are frequent dealers near the deadline, acquiring Courtney Lee, Josh McRoberts and Mo Williams in recent years. Team owner Michael Jordan recently said he “would not trade (Walker) for anything but an All-Star player,” but financial considerations may affect that stance. Walker has one more season left at the bargain price of $12MM and will likely be seeking a max deal in the summer of 2019.
There’s more news today out of Charlotte:
- Second-year forward Treveon Graham has been a pleasant surprise this season, but cap concerns may prevent the Hornets from keeping him in free agency, Bonnell writes in a separate story. Graham is making a little more than $1.3MM this year, but Charlotte has to be careful about any spending with more than $116MM in guaranteed money already committed for next season. “If I were a coach, Treveon Graham would be on my team every single time,” said teammate Marvin Williams. “I know [coach Steve Clifford] has a certain level of comfort with him, and we do, too, as players.”
- Cho may have concerns about his future in Charlotte if the Hornets don’t make the playoffs, Bonnell adds in a mailbag column. Former Lakers GM and North Carolina alum Mitch Kupchak has been floated as a possible replacement, and Bonnell suggests ex-Cavaliers and Hawks GM Danny Ferry and Pistons GM Jeff Bower as well.
- The Hornets are happy to take a chance on second-year center Willy Hernangomez, who was acquired today in a trade with the Knicks, according to a story on the team’s website. Hernangomez has found playing time hard to come by this season, but Charlotte is encouraged by the numbers he put up as a rookie. “We’re excited to add a player of Willy’s caliber to our team,” Cho said. “He showed last season that he can contribute when given the opportunity and we believe that the added depth he provides will benefit our frontcourt rotation.”
Jeff Hornacek Gets Vote Of Confidence From GM
Amid speculation that Jeff Hornacek’s job could be jeopardized by what appears to be another lost season, Knicks GM Scott Perry offered a vote of confidence today, writes Adam Zagoria of SNY.tv.
Already five games out of a playoff spot, New York suffered a crushing blow Tuesday night when star forward Kristaps Porzingis tore his left ACL. Perry says he understands the situation and plans to judge Hornacek and his staff by more than just their won-loss record.
“No, we’re not looking to make any changes,” Perry said. “We’re evaluating the entire season. Jeff and his group are working really hard with this basketball team and doing the very best they can and obviously this is an adversity for them to deal with [Kristaps Porzingis] being out, but I’m confident that they’ll be able to do a good job of keeping this team playing hard and playing together. That’s what we’ll be looking at moving forward.”
Hornacek has one season remaining on the three-year deal he signed when he was hired in 2016. He has a 54-83 record during his time in New York and hasn’t developed the Knicks into a playoff contender.
Former Cavaliers coach David Blatt, a longtime friend of team president Steve Mills, has been mentioned as a possible replacement, along with ex-Warriors coach Mark Jackson, who spent nearly seven seasons with the Knicks as a player.
In the wake of Porzingis’ injury, Hornacek plans to devote more minutes to younger players for the rest of the season.
“We’re still trying to win games,” he said. “We’re still trying to develop our guys. This is going to give them an opportunity to get some minutes and see what they can do against NBA guys. We’ve seen some of it, because they practice with us, and we see what they can do against our guys.”
Trail Blazers Won’t Trade C.J. McCollum
Although his name has appeared in a few trade rumors, the Trail Blazers have no plans to make a deal involving C.J. McCollum, according to Joe Freeman of The Oregonian.
A source tells Freeman that McCollum will be staying put, even though he was linked to a possible deal with the Cavaliers involving Kevin Love. Portland GM Neil Olshey has said before that he won’t trade away the fifth-year shooting guard.
“It’s a tough situation to be in,” McCollum said when asked about the trade deadline. “I always tell people … imagine you show up to work every day and there’s rumors about you being traded from your job to another job in another city. Every day. And imagine that it actually happens. But you find out the same time everybody else finds out. And you’ve got kids or you’ve got a wife, whatever the case may be. Maybe you bought a house. And now you’re traded and you have to move to another city. And it’s out of your control. Literally out of your control. So it’s a tough situation to be in, but a part of the business.”
McCollum is averaging 21.8 points per game and shooting a career best .425 from 3-point range, but the Blazers are facing a financial crunch, operating roughly $3MM above the tax line. Freeman suggests Noah Vonleh, who has fallen out of the rotation and is making a little more than $3.5MM in the final year of his rookie deal, may the most likely to be dealt.
Atlantic Notes: Porzingis, Hornacek, Monroe, Fultz
The Knicks are still reeling after losing Kristaps Porzingis for the rest of the season and possibly longer, but GM Scott Perry told Brian Hayman of Newsday that a full recovery is expected. At a news conference today, Perry confirmed that Porzingis will need surgery for a torn ACL. The team doesn’t have a timetable for when it expects Porzingis to start playing again, but Perry did offer a bit of hope for Knicks fans.
“We have tremendous confidence in our medical group here that he’s going to make more than a full recovery,” Perry said. “And so whenever that time is, when he’s back on the court, we expect him to be back at full strength and better than ever. That was our message to him. And that’s his message to us.”
The injury complicates a huge offseason decision in New York as Porzingis becomes eligible for an extension to his rookie contract. He was in the middle of his most productive year, averaging 22.7 points, 6.6 rebounds and a league-leading 2.4 blocks per game, so a max offer seemed inevitable. However, the injury may change the equation as the Knicks may seek to work out a smaller deal or could let the Latvian star become a restricted free agent in the summer of 2019.
There’s more from the Atlantic Division:
- Porzingis’ misfortune affects numerous aspects of the Knicks‘ organization, including the future of coach Jeff Hornacek, according to James Herbert of CBS Sports. Hornacek has one more season left on his contract, but he was hired by former team president Phil Jackson and doesn’t have a strong connection to the current regime. Hornacek is 54-83 in a season and a half in New York and may be presiding over another second-half collapse.
- Free agent center Greg Monroe will officially sign with the Celtics sometime before Thusday’s game, tweets A. Sherrod Blakely of NBC Sports Boston. Monroe announced his plans to join the team on Friday, but there has been a delay in case the Celtics need an open roster spot for a trade before tomorrow’s deadline.
- Sixers guard Markelle Fultz did a brief interview with TNT Tuesday night, prompting a round of post-game questions for coach Brett Brown about the rookie’s condition, relays Keith Pompey of The Philadelphia Inquirer. “He doesn’t go through everything — there are some drills that I take him out of — but he does go through a lot,” Brown said. “He does go through a large majority of the practice. It isn’t 100 percent yet, but it a very large majority of our practices.” The top pick in the 2017 draft, Fultz has appeared in just four games.