Bucks Sign Kenyon Martin To 10-Day Deal
FRIDAY, 9:57am: The deal is official, the Bucks announced.
“Kenyon provides some needed depth to our front court and brings an additional veteran presence to help develop our young team,” Bucks GM John Hammond said in the team’s statement. “He has always been known for his tough-minded, physical approach to the game and we’re excited to welcome him to the Milwaukee Bucks.”
THURSDAY, 8:02am: The Bucks will sign Kenyon Martin to a 10-day contract this week, reports Marc Stein of ESPN.com. Milwaukee has 15 players already, so a corresponding move will be necessary. Still, the news is no surprise, since coach Jason Kidd and his staff put Martin through a workout last week. Kidd and Martin were teammates on the Nets in the early 2000s.
Martin also drew attention from the Cavaliers, who have an open roster spot after their pair of trades this week. Still, it appears the Bucks won over the Andy Miller client, who also met with the Grizzlies and the Rockets earlier this season. There were conflicting reports about whether those visits with Memphis and Houston were for playing or coaching positions, but there was no doubt that Milwaukee’s interest was in Martin as a player. The Bucks are still missing Larry Sanders, even though he’s denied retirement rumors, while Ersan Ilyasova is out with a concussion and Jabari Parker is done for the year with a torn ACL. Small forward Damien Inglis is missing the entire season.
Inglis appears like a possible candidate to be let go to accommodate Martin, though Inglis’ salary is guaranteed for next year, too. Nate Wolters has the least amount of guaranteed salary on the books of any member of the Bucks, and the guard has seen action in only 11 games this year after a strong rookie season in 2013/14. Still, it’s unclear whom the Bucks are thinking of offloading.
The 37-year-old Martin, a former No. 1 overall pick, is no stranger to 10-day contracts, having signed two with the Knicks in 2013. New York followed with a contract for the rest of the 2012/13 season and kept him for 2013/14, too.
Bucks Waive Nate Wolters
9:56am: Team has officially waived Wolters, the Bucks announced.
“We appreciate everything Nate gave to the Bucks both on and off the court,” Hammond said. “We know we will see him again in the NBA and wish him well in the future.”
9:21am: The Bucks have waived Wolters, a league source tells Adrian Wojnarowski of Yahoo! Sports (Twitter link), though the team has yet to make an announcement. A source has told Kennedy the same (Twitter link).
FRIDAY, 8:58am: Milwaukee is signing Martin and waiving Wolters this morning, tweets Charles F. Gardner of the Milwaukee Journal Sentinel. The Bucks had trade talks with several teams Thursday but couldn’t strike a deal, Gardner writes in a full story. Jared Karnes, the agent for Wolters, hadn’t received confirmation that the guard would be waived but said that it wouldn’t surprise him if that indeed took place, as Karnes told Gardner on Thursday night.
THURSDAY, 7:12pm: The Bucks haven’t waived Wolters yet, and are trying to find a trade partner for him before taking that route, Alex Kennedy of Basketball Insiders reports (Twitter links). There’s a belief that Wolters won’t clear waivers if cut, which is why teams may want to trade for him now to ensure that they get him, Kennedy adds.
10:34am: The Bucks are expected to waive Nate Wolters to accommodate their 10-day deal with Kenyon Martin, reports Gery Woelfel of The Journal Times (Twitter link). Milwaukee can’t sign Martin unless it offloads one of the 15 players it has on the roster, and it appears Wolters is the one to go, as I speculated, since his contract contains the least amount of guaranteed money among anyone on the Bucks. He’s making the one-year veteran’s minimum salary this year, but next year’s minimum salary is non-guaranteed.
Wolters has seen action in just 11 games so far this season, though he did receive only his second stint of 20 or more minutes since the season began in Wednesday’s blowout win over the Sixers. The 6’4″ combo guard played a much more prominent role last year, starting 31 games and averaging 7.2 points, 3.2 assists and 1.0 turnover in 22.6 minutes per game.
The now 23-year-old Wolters was the 38th overall pick in 2013, so it wouldn’t be surprising to see a team claim his deal off waivers, though that’s just my speculation. He’s on a contract that covers three seasons, so teams would need more than the minimum-salary exception to submit a claim.
Milwaukee is about $7.3MM shy of the salary cap, so if the Bucks are stuck with Wolters’ salary, which would happen if he clears waivers, they’ll still be left with plenty of flexibility. Their team salary as it stands is about $1MM shy of the minimum team salary, but because Milwaukee is still paying money to Drew Gooden, whom the team waived using the amnesty clause in 2013, the Bucks don’t have to make up that gap.
10-Day Contract Tracker
Teams were allowed to start signing players to 10-day contracts starting Monday, and so far, there has been plenty of activity. The Jazz inked 10-day deals with Elijah Millsap and Elliot Williams, while the Knicks did so with Langston Galloway. The Bucks are reportedly set to do the same with Kenyon Martin.
The bulk of the signings that take place in the NBA between now and April will be of the 10-day variety, and we’ll keep on top of all of them. Hoops Rumors has created a database that allows you to track every 10-day signing all season long. The 10-Day Contract Tracker includes information on all 10-day contracts signed from the 2006/07 season on, giving you a chance to identify trends regarding your favorite teams and players. The search filters in the database make it easy to sort by team, player and year. You can even see whether a player and team signed a second 10-day contract, and if the short-term deals led to an agreement that covered the rest of the season.
For instance, if you want to see how many 10-day deals recently waived Lou Amundson has signed over the course of his career, you can find that information here. Similarly, if you want to see all the 10-day contracts the Knicks have signed in recent years, you can do so here.
A link to our 10-Day Contract Tracker can be found at any time in the Tools menu at the top of the page, or in the right sidebar under “Hoops Rumors Features.” We’ll be keeping it up to date for the rest of the season, so be sure to check back to keep tabs on the latest signings as they become official.
Sixers Release Jared Cunningham
2:56pm: Sixers coach Brett Brown said that the Sixers were able to trade for Cunningham without clearing a roster spot beforehand “because of [Andrei] Kirilenko’s absence, it’s allowed for us to have a flexible spot,” notes Tom Moore of Calkins Media. It remains unclear if that “flexible spot” came about via hardship or another means. Kirilenko hasn’t reported to the Sixers since last month’s trade, and the Sixers are reportedly pushing him to do so. Teams and the NBA both have the ability to suspend players who fail to report following trades, and if the suspension is long enough, clubs can clear an extra roster spot by placing the suspended player on the Suspended List. Still, there’s been no report indicating that the NBA or the Sixers have suspended Kirilenko.
8:32am: The Sixers waived Jared Cunningham as expected Wednesday, according to the RealGM transactions log. The team has yet to make an official announcement. Philadelphia acquired him from the Clippers via trade and quickly released him so that his non-guaranteed contract will have cleared waivers in advance of the leaguewide guarantee date on Saturday. The approximately $388K in salary that Cunningham earned this season while with the Clippers will count against Philadelphia’s cap figure unless another team claims him off waivers, though that matters little to the Sixers, who are still far beneath the $56.759MM minimum team salary.
It’s the second straight year that the 24th overall pick in the 2012 draft has found himself on waivers, after the Hawks let him go shortly after the trade deadline last season. The shooting guard resurfaced on a pair of 10-day contracts with the Kings, who ended up signing him to a contract that covered the rest of the 2013/14 season, so it’s conceivable that he travels that path again. Cunningham beat out sought-after overseas prospect Joe Ingles for an opening-night roster spot on the Clippers but saw just 4.7 minutes per game during the regular season.
Philadelphia’s roster is a bit of a mystery, as the Sixers had 15 players before the Cunningham trade, and teams can’t trade for more players than they give up if they don’t have roster room to do so, even if they intend to waive their new acquisitions immediately. The Sixers still haven’t formally announced the Cunningham trade, though the Clippers did, confirming that they didn’t send any active players to Philadelphia to balance the deal, in spite of rumors surrounding Tony Wroten.
Bryan Colangelo, Grant Hill, Others Eye Hawks
2:39pm: Itzler is teaming with brokerage firm founder Steven Starker and has “extreme interest,” though he cautioned that it’s just preliminary, as he told
2:22pm: Bryan Colangelo is part of the group with Hill and Bridgeman, Aldridge clarifies (on Twitter).
THURSDAY, 2:19pm: Hill and fellow former player Junior Bridgeman are teaming up to try to purchase the Hawks, with Jerry Colangelo, Bryan’s father, acting a “senior advisor” to them, TNT’s David Aldridge reports (Twitter link). It’s unclear if Bryan is a part of the Hill-Bridgeman group. The Hawks officially put the entire team as well as Phillips Arena up for sale today, the club announced via press release.
WEDNESDAY, 10:29am: Former Suns and Raptors GM Bryan Colangelo, Grizzlies minority owner Steve Kaplan and casino mogul Sheldon Adelson are some of those who’ve expressed interest in purchasing the Hawks, reports Chris Vivlamore of the Atlanta Journal-Constitution. Grant Hill is also in the mix, Vivlamore hears, confirming earlier speculation. The owners of Atlanta’s WNBA team, Kelly Loeffler and Mary Brock, also hold a level of interest in bidding for the Hawks, along with their husbands, Jeffrey Sprecher and John Brock, as they recently told Maria Saporta of the Atlanta Business Chronicle for a subscription-only piece (hat tip to Vivlamore).
Colangelo appeared to be linked to a group of Chicago-based investors who came up short in a bid for the Bucks last year, and he was also reportedly a candidate for Cavs and Pistons front office jobs in the spring. Hawks GM Danny Ferry is on an indefinite leave of absence. Kaplan’s role within the Grizzlies hierarchy reportedly shrunk during the team’s reorganization this past offseason.
Jesse Itzler, whom Grantland’s Bill Simmons identified Monday as a “name to watch” in regard to the sale of the Hawks, is currently interested only in a minority share, sources tell Vivlamore. Simmons also reported that investors Chris Hansen and Thomas Tull are mounting separate bids to buy the team and move it to Seattle, but it appears unlikely they’ll be allowed to relocate the franchise. The NBA’s stance has been that it will only consider moving a team if the market has essentially given up on the club, and that’s not the case in Atlanta, as Steve Kyler of Basketball Insiders points out via Twitter.
Former players Dominique Wilkins, Dikembe Mutombo and Chris Webber, former Grizzlies CEO Jason Levien and attorney Doug Davis are others who reportedly have interest in purchasing the Hawks, though some would probably have to find partners to have control over a majority stake. The three ownership groups who currently own the Hawks have all agreed to sell, and the team is set to officially go on the market in a matter of days, according to Vivlamore. The purchase price is likely to end up on the low end of a range between $750MM and $1 billion, as Grantland’s Zach Lowe reported last week.
Celtics Notes: Green, Nelson, Crowder
There’s a belief around the league that the Celtics will indeed part with Jeff Green before the trade deadline, as Ronald Tillery of The (Memphis) Commercial Appeal writes within a subscription-only piece. The discussions the Grizzlies are having regarding Green, as well as Luol Deng, are internal, a source tells Tillery, though the earlier report from Marc Stein of ESPN.com indicates that Memphis is active on both fronts. The talk had president of basketball operations Danny Ainge suggesting that Green has succeeded Rajon Rondo as the most frequent subject of Celtics trade rumors, as Ainge said this morning to Fred Toucher and Rich Shertenlieb on 98.5 The Sports Hub in Boston, notes A. Sherrod Blakely of CSNNE.com. While we wait to see just what happens with Green, here’s more from Boston:
- Ainge would like to clear the team’s logjam of big men, USA Today’s Jeff Zillgitt tweets, though it’s unknown which of the frontcourt players are most likely to go.
- Jameer Nelson insists that he and coach Brad Stevens are on the same page, but the point guard sat out Wednesday’s game and is upset about the playing time he’s seen since arriving in the Rondo trade, as Steve Bulpett of the Boston Herald observes. Nelson, who has a player option worth nearly $2.855MM for next season, is averaging 20.2 minutes per game, which would be a career low if extrapolated over an entire season.
- Jae Crowder was the only one of the three players the Celtics acquired in the Rondo trade who played Wednesday, and analytics show he’s been a boon for the team so far, as Chris Forsberg of ESPNBoston.com examines.
Cavs GM On Trades, Future, Waiters, More
The Nuggets got an “unbelievably good” return in the Timofey Mozgov trade, Cavs GM David Griffin told reporters, including Bleacher Report’s Ethan Skolnick, after giving up a pair of first-round picks to net the rim protector the team had sorely lacked. Still, Griffin is confident that he hasn’t given up on the future at the expense of the present, as he explained amid his chat with the media in the wake of the team’s second major trade in two days. Griffin spoke shortly before the trades, too, as we passed along, so it’s interesting to compare his remarks then to what he’s saying now. Skolnick as well as Dave McMenamin of ESPN.com and Chris Haynes of the Northeast Ohio Media Group round up Griffin’s post-trade comments, and we’ll share a few highlights here:
On balancing the present with the future:
“What I’m most proud of, and our front office staff is most excited about, is that we’ve put together a team that we believe can compete at the highest level. And we feel like we’ve done it without completely mortgaging the future. People look at the number of picks we’ve given away and everybody thinks, ‘Oh, my goodness, they’ve given away the farm!’ Well, we had an unbelievable farm, so we were putting it to work and we’re really pleased with where we are now. We’re going to make a first-round pick this year and we feel good about the situation we’re in.”
On the timing of the moves:
“We would have done all of these things much sooner if we could’ve. We’re fortunate that 35 games in for us, and 30-40 in for everybody else, people have now gotten to the point where they recognize the team they’re going to be. If we could have done this in training camp, we would have done the same thing.”
On relinquishing Dion Waiters to the Thunder:
“We liked Dion a great deal. I think what ended up happening for us is we got to a point where the fit of all the pieces we had, in terms of ball dominance, wasn’t as good as what we hope this trio can be. And moving forward, the fit of this group that we just got paired with what we had should be good enough, in terms of how they meld together.”
On his expectations in the wake of the trades:
“We want to win games. Nobody in this organization is satisfied with not winning. When I come up here and preach patience, I’m not saying let’s accept losing. That’s absolutely not what we’re doing. But in terms of being the best team we’re going to be, we have to acknowledge that it’s going to take some time for all of those things to jell and to be the best we can be. But we better be a [expletive] sight better than we’ve been right out of the chute. That’s what we expect to be. We’re not here to get to say we played. We’re here to win games. But to say that’s it’s got to look like a certain thing by a certain time, it’s just not fair.”
Sixers Acquire Jared Cunningham
6:58pm: The trade is official, the Clippers have announced. Los Angeles sent Cunningham, the draft rights to Akyol and cash considerations to the Sixers in exchange for the draft rights to Lishuk. The deal allows the Clippers to create a trade exception worth $915,243, the equivalent of Cunningham’s salary. Philadelphia has yet to make an announcement, and the Sixers couldn’t have traded for Cunningham without offloading someone, since they were carrying a 15-man roster, so it would seem there’s another part of the equation still to be revealed.
6:25pm: The Clippers will receive the rights to Serhiy Lishuk from the Sixers, and Philadelphia will acquire the rights to Cenk Akyol, Bolch reports (Twitter link). Akyol, 27, was selected in the second round of the 2005 NBA draft, and Lishuk, 32, was the No. 49 overall pick in the 2004 draft.
4:52pm: The Sixers and Clippers will also be swapping rights to draft picks as part of the deal, Ben Bolch of The Los Angeles Times tweets.
2:32pm: The Clippers have inquired about Wroten, but those are preliminary talks, according to John Gonzalez of CSNPhilly.com (Twitter link).
2:01pm: It’ll be cash going Philly’s way from the Clippers, and the Sixers will indeed waive Cunningham once they acquire him, Wojnarowski tweets.
1:59pm: The Clippers aren’t taking any players back in the deal, according to Wojnarowski (on Twitter). That means the Sixers would have to offload someone before the deal can become official.
1:56pm: Tony Wroten is the Clips’ target in the deal, according to Dan Woike of the Orange County Register (on Twitter). Wroten, who’s averaging 30.5 minutes per game for Philly, is on a guaranteed rookie-scale contract that would further tighten the squeeze under the team’s hard cap.
1:53pm: The Sixers are unlikely to keep Cunningham once they acquire him, according to Wojnarowski (Twitter link). Ben Bolch of the Los Angeles Times counters that the Clips are merely exploring a move that will affect whether or not they waive Cunningham (Twitter link).
1:38pm: The Clippers are trading Jared Cunningham to the Sixers, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). Cunningham has a non-guaranteed deal and the Clippers were set to waive him in advance of today’s deadline to do so before his minimum salary would have become guaranteed for the balance of the season. Philadelphia has 15 players on its roster, so it’ll need to either send someone to L.A. or make a corresponding move. That’s true even if the Sixers don’t intend to keep Cunningham, as is often the case with the veterans the Sixers acquire via trade.
Trading Cunningham instead of releasing him would help the Clippers financially, since it would remove his entire salary from their books, notes Eric Pincus of Basketball Insiders (Twitter link). The Clippers would be stuck with the money they had already paid to Cunningham this year counting against their hard cap if they were to waive him. The team is less than $1MM shy of its hard cap, a collective bargaining agreement feature it triggered when it gave out the non-taxpayer’s mid-level exception to Spencer Hawes and the biannual exception to Jordan Farmar.
Cunningham, the 24th overall pick in the 2012 draft, has only played in 40 career NBA regular season games, 19 of which have come this season after he showed enough in the preseason to make the team out of training camp. Still, he’s averaged 1.8 points in just 4.7 minutes per game for the Clippers.
Cavs Acquire Timofey Mozgov
The Nuggets have traded Timofey Mozgov to the Cavs, the teams officially announced. Mozgov heads to Cleveland in exchange for the Grizzlies’ 2015 first-round pick and the Thunder’s 2015 first-round pick, both of which carry protections. The Nuggets send Cleveland the less favorable of the Bulls’ 2015 second-round pick and the Blazers’ 2015 second-round pick. The Cavs are using the $5,285,816 Keith Bogans trade exception to absorb Mozgov’s $4.65MM salary. Cleveland had been carrying 14 players, so the Cavs won’t have to make a corresponding move.
Cleveland’s monthslong pursuit of the Nuggets center had lately progressed to “serious off-and-on” talks, as Grantland’s Zach Lowe wrote earlier this week. Sam Amico of Fox Sports Ohio heard recently that the Cavs were no longer receiving a “flat no” from Denver. Mozgov has a $4.95MM team option for next season, which gives whichever team holds his rights a degree of flexibility. The 28-year-old has started all 35 games for Denver this season, but the Nuggets had been drawing closer to the realization that they don’t have a true chance to make the playoffs this year, as Lowe also wrote this week.
The Cavs had also reportedly targeted Kosta Koufos, a backup center for the Grizzlies, but the need to acquire a starting-caliber pivot grew when Anderson Varejao was lost for the season with a torn Achilles tendon. Cleveland used the disabled player exception the league granted to compensate for that loss to accommodate Monday’s trade for J.R. Smith and Iman Shumpert, leaving the Bogans trade exception available for the Cavs to nab Mozgov, as I explained. Cleveland also acquired the Thunder’s first-round pick in Monday’s trade and used it to strengthen the package for Mozgov, which was key in convincing Denver to make the move, as Adrian Wojnarowski of Yahoo! Sports writes. Denver can create a trade exception worth $4.65MM, the equivalent of Mozgov’s salary.
The Nuggets will get the Grizzlies’ first-rounder this year if it falls from pick No. 6 to pick No. 14. The same protection is in place for 2016, as Wojnarowski lays out in his story. The protection is only for the top five picks the following two years, and it’s unprotected for 2019, Wojnarowski adds. The Thunder’s pick is top-18 protected this year, top-15 protected in 2016 and 2017, and would become a pair of second-round selections if not conveyed by then, Wojnarowski notes.
Mozgov is in his first year as a full-time starter, averaging 8.5 points, a career-high 7.8 rebounds, and 1.2 blocks in 25.6 minutes per game. He’s not among the league leaders in any traditional category, including blocks per contest, but he gives the Cavs the serviceable rim-protector they’ve lacked since the start of the season. The Nuggets, who first acquired Mozgov in the 2011 Carmelo Anthony trade, receive two picks and the trade exception, assets the team can use to navigate the stacked Western Conference, where their 15-20 record has them in 11th place and five games out of a playoff spot. Teams have been reluctant to part with first-rounders, especially during the season, in recent years, so Nuggets GM Tim Connelly comes away with an unusual haul.
Wojnarowski reported in August that the Cavs and GM David Griffin had offered a first-round pick for the 7’1″ center, but the Nuggets resisted, seemingly hopeful that Mozgov would help them make a run to the postseason. The move clears space in Denver’s lineup for the team’s plentiful other big men, including this year’s first-round pick, Jusuf Nurkic, who’s seen only 13.4 MPG so far.
Photo courtesy USA Today Sports Images. Adrian Wojnarowski of Yahoo! Sports first reported the teams had reached an agreement in principle, while Marc Stein and Brian Windhorst of ESPN.com reported earlier that the sides were in advanced discussions and on course to complete a deal today. Wojnarowski reported the Cavs would send out the Grizzlies’ 2015 first-rounder and the Thunder’s 2015 first-rounder (on Twitter), while Jason Lloyd of The Akron Beacon Journal reported that the Cavs would receive a second-round pick (Twitter link).
Southeast Notes: Hawks, Dawkins, Rice, Silas
The Hawks are the only Eastern Conference team with fewer than 10 losses, and tonight they’ll host the Grizzlies, one of three Western Conference clubs with that distinction. Atlanta’s unexpected surge to the top of the East comes against the backdrop of the sale of the team, and with several new would-be owners surfacing, there’s yet more news on the state of the franchise amid the latest from around the Southeast Division:
- NBA spokesman Mike Bass made it clear today that the Hawks will stay put even as the club is up for sale, as Bass told Chris Vivlamore of the Atlanta Journal-Constitution (Twitter link). “The Atlanta Hawks are not moving to another market,” Bass said. A pair of investors reportedly want to buy the team and move it to Seattle.
- The Heat have expressed interest in re-signing Andre Dawkins to a 10-day contract “down the road,” agent John Spencer told Barry Jackson of the Miami Herald, who writes in his daily notes column. The Heat waived Dawkins on Tuesday.
- Glen Rice Jr. had trouble accepting criticism from coaches, but other Wizards players didn’t think he was a poor teammate, according to J. Michael of CSNWashington.com. Michael wrote this past weekend that Rice’s attitude was an issue that contributed to the team’s decision to cut ties.
- Wizards camp invitee Xavier Silas has signed with Greece’s Nea Kifisia, the team announced (translation via Sportando’s Emiliano Carchia). Silas averaged 10.3 points in 19.3 minutes per game for Washington during the preseason before the team waived him prior to opening night.