Bucks Pursuing Eric Bledsoe, Greivis Vasquez
In addition to considering a possible trade for Jeremy Lin, the Bucks are pursuing restricted free agents Eric Bledsoe and Greivis Vasquez, reports Marc Stein of ESPN.com (on Twitter). Milwaukee is in the process of pitching an offer sheet to Bledsoe, says Stein, but the Suns will be able to match whatever the Bucks present to the 24-year-old if they truly intend on retaining him as they’ve stated.
We heard yesterday afternoon that Vasquez and the Raptors were close to a deal that would bring the point guard back to Toronto, so Milwaukee’s pursuit might be in vain. However a lucrative enough offer from the Bucks might derail talks between Vasquez and the Raptors, since nothing official has reportedly been agreed upon.
The Bucks made a deal for Brandon Knight last summer and also roster Nate Wolters, but bringing aboard a talented young guard certainly couldn’t stand to hurt Milwaukee, the NBA’s worst team in 2013/14. Still, such a scenario seems unlikely given that each restricted free agent’s respective club seems intent on matching any offer sheets set to be presented.
Raptors, Hawks Exchange Salmons, Williams
TUESDAY, 7:13am: The Raptors and Hawks officially announced the trade overnight before the July moratorium began. Williams and the rights to Nogueira go to Toronto while Salmons and a 2015 second-rounder go to Atlanta.
MONDAY, 10:00pm: The snag in the trade has been resolved. The Raptors will also send a 2015 second-round choice to Atlanta in the deal, tweets Ryan Wolstat of the Toronto Sun.
The Raptors should end up with a $2.133MM trade exception for Salmons, Pincus tweets.
8:06pm: The Hawks still aren’t expected to keep Salmons past the new deadline, a league source tells Charania (on Twitter).
8:04pm: The Hawks won’t release Salmons today, and both sides have agreed to extend the waiver deadline to July 10th, a league source tells Shams Charania of RealGM (Twitter link).
SUNDAY, 8:25pm: The Hawks will indeed waive Salmons tomorrow, Wojnarowski reveals in his full story.
7:37pm: The Raptors have agreed to send John Salmons to the Hawks in exchange for Lou Williams and the rights to Lucas Nogueira, tweets Adrian Wojnarowski of Yahoo! Sports. Marc Stein of ESPN first revealed that the two sides were in advanced discussions of such a deal (Twitter link).
Salmons’ $7MM contract is only partially guaranteed for $1MM if he’s waived by the end of tomorrow, as Chuck Myron explained in our recap of upcoming guarantee dates. Given Atlanta’s reported interest in a run at a Carmelo Anthony/LeBron James pairing, it’s probably only a matter of time until Salmons finds himself a free agent. In 78 games for the Kings and Raptors last season, Salmons averaged just 5.0 points per game while shooting 36.8% from the floor.
Williams is a few years removed from his prime, but it’s unlikely the Hawks are giving up the former stud point guard and rights to Nogueira, a 2013 first-round selection, just to get $7MM off of their books. It’s possible, and maybe even likely, that this move is a precursor to a bigger deal, suggests Alex Kennedy of Basketball Insiders (via Twitter). The trade should be finalized sometime tomorrow, tweets David Aldridge of TNT, giving Atlanta the window required to shed Salmons’ contract before it becomes guaranteed.
Hawks Eyeing Luol Deng
The Hawks are thinking about making a run at Luol Deng this summer, reports Adrian Wojnarowski of Yahoo! Sports (on Twitter). Atlanta pulled the trigger on a trade earlier tonight for John Salmons‘ non-guaranteed contract, a move that will eventually help further their financial flexibility by giving the club over $15MM in cap room to spend on free agents this offseason.
Deng was shipped to Cleveland at the deadline and is reportedly less-than-thrilled at the idea of re-signing with the Cavs. The Lakers and Suns are reportedly considering going after Deng, and the Mavs, Celtics, Magic and Bobcats are all said to have interest in the veteran forward as well. If he were to join Atlanta, Deng could help address the team’s lack of depth at the small forward position.
Reports have claimed the Hawks are interested in trying to convince Carmelo Anthony and LeBron James to sign together in Atlanta, but the team is still probably lacking the cap space required for such a scenario to come to fruition. Deng represents a more reasonably priced, albeit less talented, option than a superstar pairing. His agent has suggested a contract similar to Andre Iguodala‘s four-year, $48MM pact would be a reasonable price for the 10-year vet, and Wojnarowski (on Twitter) pegs his market value somewhere between $10MM and $12MM a year.
Qualifying Offers: Sunday
Here’s the latest on teams’ decisions of whether or not to extend qualifying offers to their potentially restricted free agents:
- E’Twaun Moore has expressed interest in a possible return to the Magic, but Orlando pulled back their qualifying offer, making him an unrestricted free agent, reports Marc Stein of ESPN (via Twitter). Moore’s cap hold will now be on the team’s books for $915,243 as a result.
- The Lakers have extended a qualifying offer to Ryan Kelly, reports Eric Pincus of the Los Angeles Times (via Twitter). Los Angeles’ offer to Kelly, worth $1,016,482, makes the second-year Duke product a restricted free agent.
Kidd Leaving Could Affect Nets’ Roster
If Jason Kidd isn’t back with the Nets next season, some of Brooklyn’s free agents will likely be less inclined to return as well, reports Roderick Boone of Newsday. Specifically, Boone mentions that Shaun Livingston‘s offseason plans could be altered if Kidd departs from the organization.
Livingston’s decision to sign with the Nets for the veteran’s minimum last summer was largely tied to his relationship with Kidd, a source confirmed to Boone. Since Brooklyn is a taxpaying team and only own Livingston’s Non-Bird Rights, the Nets will only be able to offer him a contract with a starting salary of $3.278MM. After resurrecting his career last season, Livingston could likely grab a higher payday somewhere else.
For the time being, the Nets and Bucks are not close on a deal that would send the second-year coach packing to Milwaukee, a source tells Sam Amick of USA Today (Twitter link). As we passed along earlier, however, Kidd still isn’t anticipated to be coaching Brooklyn next season. Teams can begin discussions with free agents on Tuesday, and although the Nets are interested in bringing Livingston back, Kidd’s seemingly imminent departure might make a pursuit more difficult.
Clippers Prioritize Re-Signing Darren Collison
Doc Rivers made it clear his top priority this summer is re-signing Darren Collison, reports Broderick Turner of the Los Angeles Times. Collison turned down a player option worth $1.9MM that would have brought him back to Los Angeles for the 2014/15 season. “You know our first guy, I’ll be honest, is one of our guys that opted out,” Rivers said, referring to Collison. “He’s a little guy. That’s very important for us.”
The rise in the projected tax line to $77MM will mean that the Clippers will have access to the full non-taxpayers mid-level exception, worth roughly $5.3MM. Collison’s impressive 2013/14 campaign will likely force Los Angeles to dip into most or all of their mid-level exception if they’re truly interested in bringing the point guard back.
Los Angeles hasn’t counted themselves out of the race to land Carmelo Anthony yet, says Turner, but they would need to make significant changes to their roster in order to land the superstar forward. According to Turner, Spencer Hawes is interested in playing for the Clippers, but he’d have to be willing to take a pay cut if he wants to join Chris Paul and Blake Griffin. The Clips have $66.3MM in guaranteed salary next season, so a run at re-signing Collison is likely a more realistic scenario for Rivers and company.
Rivers mentioned how it’s tempting to shoot for the stars in free agency but added it’s important to be practical at the same time. “You look at needs first, unless there’s somebody out there that’s so talented that they trump all your needs and you go for that,” Rivers said. “But most of the time that is too expensive.“
Lionel Hollins Front-Runner If Kidd Replaced
Lionel Hollins is the early front-runner to take over coaching duties for the Nets if Jason Kidd isn’t heading the team next season, writes Sam Amick of USA Today. We’ve heard that Kidd’s attempted power play to gain more control of basketball operations in Brookyln will likely put him out of the job, whether or not he eventually winds up taking a position with the Bucks.
Hollins hasn’t coached since leading the Grizzlies to the 2012/13 Western Conference finals, but he’s also been mentioned as a potential candidate to fill the Lakers’ head coaching vacancy. George Karl is another serious candidate to take over for Kidd, says Amick, but Hollins seems to be the club’s top option for the time being.
Jeff Van Gundy and Mark Jackson are unlikely to be considered for the Nets job, sources tell Amick, who notes that it’s equally remote that a prestigious college coach is considered for the role. Brookyln’s desire to win in the short term is the primary reason why they’re seeking a coach with experience, says Amick.
Dwyane Wade, Chris Bosh Opt Out
SUNDAY, 4:05pm: Pat Riley was informed today by agent Henry Thomas that Bosh is exercising his early termination option and will become an unrestricted free agent, Jeff Zillgitt of USA Today reports (Twitter link).
5:28pm: Bosh is “on the verge” of opting out, and will do so before the deadline on Monday, tweets Ira Winderman of The Sun Sentinel.
3:18pm: Bosh has not yet decided whether he’ll opt out or not, his agent tells David Aldridge of TNT (Twitter link).
SATURDAY, 2:37pm: Dwyane Wade and Chris Bosh will opt out of their current deals and enter free agency this summer, according to Tim Reynolds of The Associated Press and Chris Broussard of ESPN (Twitter links). Wade and Bosh become the latest members of Miami to opt out of their deals, following news that LeBron James and Udonis Haslem had done the same.
Wade’s decision to exercise his early termination option and pass on the final two years of his deal means that he’ll forfeit over $41.8MM in guaranteed salary. He’s unlikely to garner an offer worth a higher annual value in free agency, given his age and concerns about his health.
Bosh, who’s sacrificing a guaranteed $42.6MM, will likely be able to fetch a higher salary than Wade, and Broussard hears the big man is seeking a five-year pact worth $15-$16MM per year. Such a deal would be worth less than what Bosh would have made had he chosen not to opt out.
The duo’s motivation to sacrifice so much money is a result of their desire to make a future work with LeBron, who’s seeking a max contract, sources tell Adrian Wojnarowski of Yahoo! Sports. Although LeBron’s priority remains to find a way to make a future work with Miami, a failure by the organization toward improving their roster to his satisfaction could mean the four-time MVP leaves Miami, says Wojnarowski.
If the Heat renounce the Bird Rights of their free agents, they will have a record $55MM in cap room this summer, with only Norris Cole‘s contract guaranteed on the books next season. To no surprise, Pat Riley has already confirmed to reporters, including Jason Lieser of the Palm Beach Post, that he hopes to bring back Wade and Haslem for the 2014/15 campaign (Twitter link).
Qualifying Offers: Saturday
The start of the NBA’s 2014 free agency period is just a little less than two days away, and teams continue to extend qualifying offers to their eligible free agents. The offers are rarely accepted, but the player becomes a restricted free agent as a result of the tender. Choosing not to extend an offer to a player who’s eligible for one means the player becomes an unrestricted free agent, prohibiting the player’s current club from matching offer sheets from rival suitors. For a full explanation, check out the Qualifying Offers entry in the Hoops Rumors Glossary. We’ll track today’s qualifying offer updates right here:
- The Wizards haven’t made their final decision, but are likely to extend a qualifying offer to Kevin Seraphin, tweets Michael Lee of The Washington Post.
Earlier updates:
- The Celtics have extended a $3.6MM qualifying offer to Avery Bradley, tweets Gary Washburn of The Boston Globe.
- The Pelicans will not extend a qualifying offer to Brian Roberts, reports Chris Haynes of CSNNW (on Twitter). Becuase Roberts started 42 games for New Orleans last season, he met the starter criteria, which boosted the amount of his qualifying offer to $2,875,131, as Hoops Rumors’ Chuck Myron explains.
- Trevor Booker also met the starter criteria last season, and the Wizards have decided not to tender him a qualifying offer, writes Michael Lee of the Washington Post. Booker’s offer would have been worth $4,677,708.
- Earlier today, we heard the Lakers would refrain from extending a qualifying offer to Kent Bazemore.
- The Raptors extended qualifying offers to Greivis Vasquez, Patrick Patterson, and Nando De Colo.
Lakers Don’t Give Qualifying Offer To Bazemore
6:46pm: Despite the Lakers deciding against making Bazemore a restricted free agent, there is mutual interest between the team and guard in his return to LA next season, sources tell Dave McMenamin of ESPNLosAngeles.com.
2:01pm: The Lakers have chosen not to extend a qualifying offer to Kent Bazemore, reports David Pick of Eurobasket.com (on Twitter). As a result of the team’s decision, Bazemore will become an unrestricted free agent, and Los Angeles will receive a cap hold of $915,243 on their books.
Bazemore was shipped from Golden State to LA near the deadline last season, and he proved to be a valuable rotation piece for the Lakers. He averaged 13.1 points in 28.0 minutes per game while shooting 45% from the field.
Los Angeles wants as much cap flexibility as possible to increase their odds at signing Carmelo Anthony and/or LeBron James this summer, according to Pick (Twitter link). It’s unlikely that the decision to refrain from extending a qualifying offer to Bazemore will be the deciding factor in landing either of the superstars, but the move will provide slightly more breathing room nonetheless.