Contract Details: Wade, Deng, Diaw
It took a while, but we finally found out the precise value of the discount that Carmelo Anthony gave the Knicks this afternoon. We’ll have to wait even longer to know whether the more than $5MM in savings that ‘Melo afforded his team will have a worthwhile effect on New York’s ability to squeeze more talent onto its roster, but he’s not the only name free agent taking a cut rate this summer.
- Dwyane Wade gave up more than $41.8MM over two seasons when he opted out of his deal this June, and while he isn’t recouping all of that on his new two-year contract with Miami, he nonetheless received a rare no-trade clause for his trouble, tweets Marc Stein of ESPN.com. He’ll make $15MM for this coming season and the salary in his player option year would be $16.125MM as part of his latest deal with the Heat, reports Brian Windhorst of ESPN.com (Twitter link).
- Fellow Heat signee Luol Deng will make $9.71MM for this coming season, and his player option for 2015/16 will be worth $10.15MM, according to Windhorst (on Twitter).
- Boris Diaw‘s contract with the Spurs is for four years and $28MM, with only $17.5MM of it guaranteed, Stein reveals (Twitter link). The original report indicated it was a three-year, $22.5MM deal.
Texas Notes: Mavs, Nowitzki, Rockets, Messina
The Mavs‘ offer to Lance Stephenson was for two years and $20MM, rather than three years at that total, according to Adam Zagoria of SNY.tv, who corrects his earlier report (Twitter link). Chris Broussard of ESPN.com confirms that the sides had a “handshake agreement” on a two-year, $20MM pact contingent on the Rockets matching the Dallas offer to Chandler Parsons. Of course, the Rockets declined to match, and Stephenson wound up with Charlotte instead. There’s more on another offer the Mavs have made amid the latest from the Lone Star State:
- Dallas is willing to give summer league swingman Eric Griffin a partially guaranteed deal, reports Keith Schlosser of Ridiculous Upside. Griffin, who went undrafted out of Campbell in 2012, was in camp with the Heat last autumn. It’s unclear whether he’ll accept what the Mavs have on the table, indicating other NBA clubs may have interest, though that’s just my speculation.
- A source close to the Lakers denied that the team floated a maximum-salary offer to Dirk Nowitzki, telling Mark Medina of the Los Angeles Daily News that the Lakers would never have done so.
- The Rockets intend to sign second-round pick Nick Johnson this summer, a source tells Chris Haynes of CSNNW.com (Twitter link). The shooting guard from Arizona went 42nd overall in last month’s draft.
- The Spurs officially hired European coaching star Ettore Messina as an assistant coach Tuesday, the team announced, more than a month after GM R.C. Buford denied a report that they were close to a deal. Messina appeared to be a strong candidate for the Jazz head coaching vacancy this spring and was mentioned in connection to the Lakers head job, too.
Pacers Eye Rodney Stuckey
The Pacers have “serious interest” in Rodney Stuckey as they seek to replace Lance Stephenson, reports Marc Stein of ESPN.com (Twitter link). The Pacers reportedly reached out to Rodney Stuckey in the first two days of free agency, but they were nonetheless without plans to pursue him. It appears that Indiana is now ready to go after him, if the team isn’t already making a push for the Leon Rose client.
Stuckey’s days with the Pistons appear to be over after the team renounced its Bird rights to the 28-year-old combo guard and struck deals with Jodie Meeks and D.J. Augustin. The Magic had been poised to make a play for Stuckey, who was reportedly willing to sign with the Warriors for the mid-level exception before Golden State committed most of that exception to Shaun Livingston instead.
The Pacers have reportedly already used most their mid-level on Damjan Rudez and C.J. Miles, and they’re without the biannual exception after using it last year to sign C.J. Watson. That means that Indiana would probably have to work a sign-and-trade with the Pistons to give Stuckey any more than the minimum salary.
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Eastern Notes: Stephenson, Miller, Knicks
Some Pacers players attempted to persuade the team to sweeten its offers to Lance Stephenson, but the front office resisted, according to Sean Deveney of the Sporting News. Stephenson agreed early this morning to bolt for the Hornets, and as his new three-year, $27.5MM deal quickly came together, the Pacers never received the opportunity to match Charlotte’s offer, as Candace Buckner of the Indianapolis Star writes. There’s more on his deal amid the latest from the Eastern Conference:
- The Mavs made a three-year $20MM offer to Stephenson, reports Adam Zagoria of SNY.tv (Twitter link). The new Hornets two-guard would have joined the Mavs instead if the Rockets hadn’t passed on matching the Mavs’ offer sheet to Chandler Parsons, according to Chris Broussard of ESPN.com.
- The Pacers made two different five-year offers to Stephenson, but he rejected them both, favoring a shorter arrangement, agent Alberto Ebanks tells Buckner (Twitter link). Indiana wasn’t willing to go shorter than five years, Broussard writes in his piece.
- The Nuggets had a three-year, $12MM offer on the table for Mike Miller, but he passed it up for two years and $5.5MM with the Cavs thanks to persistent entreaties from LeBron James, as Jeff Goodman of ESPN.com details.
- Knicks president Phil Jackson thinks the team has too many guards, and he may end up waiving Wayne Ellington, whom New York acquired in the Tyson Chandler trade, writes Marc Berman of the New York Post.
- The Jazz almost doubled the average annual value of the deal that the Wizards were willing to give Trevor Booker, according to J. Michael of CSNWashington.com.
- The Hawks held on to Pero Antic through Tuesday, meaning his non-guaranteed salary for 2014/15 has become fully guaranteed for $1.25MM. The same is true for Kyle O’Quinn, whose minimum salary with the Magic went from non-guaranteed to fully guaranteed when Orlando kept him Tuesday.
Bucks Pushing To Trade Ersan Ilyasova?
WEDNESDAY, 9:01am: There’s a strong feeling among Bucks brass that it would be better to keep Ilyasova rather than trade him, tweets Marc Stein of ESPN.com.
MONDAY, 3:47pm: Gery Woelfel of The Journal Times identified Ersan Ilyasova shortly before the draft as the Buck most likely to be dealt, and the team continues to shop him “hard,” an NBA executive tells Woelfel (Twitter link). Ilyasova is set to make $7.9MM in each of the next two seasons, and he’s been a trade candidate seemingly ever since he signed his five-year, $40MM deal in 2012.
Ilyasova reportedly asked for a trade this past season, though he later said he was “comfortable” in Milwaukee. Ilyasova had said at the time that, “When you go through a season like this and your name comes up [in rumors] it is a little frustrating. But I still feel myself as part of this franchise. I’m hopeful we can find the right pieces for the team so we can play much better because we really need it. I want to be part of a playoff team and that’s what I’m looking forward to, [the franchise] building a better team – a playoff team.”
The 27-year-old’s production took a step back in 2013/14, as he averaged 11.2 points, 6.2 rebounds and abysmal 28.2% shooting from three-point range, all numbers that were worse than the season before. Ilyasova was hampered by a nagging ankle injury during the second half of the season which could have contributed to the drop in production.
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Suns To Waive Ish Smith
10:52pm: The Suns have officially waived Smith, the team announced on their official website.
4:50pm: The Suns are waiving Ish Smith this evening to avoid his non-guaranteed contract becoming fully guaranteed for $992,435, reports Paul Coro of the Arizona Republic (Twitter link). Today’s the last day the team can make that maneuver without shelling out for Smith this year, as our schedule of contract guarantee dates shows.
Smith played a prominent role for the Suns this past season, averaging 3.7 points, 2.6 assists and 14.4 minutes per game. It appears to be a numbers crunch at part to blame for his departure, even given Phoenix’s commitment to lineups featuring two point guards. The Suns added point guards Isaiah Thomas via sign-and-trade and Tyler Ennis through the draft to supplement Eric Bledsoe, whom they intend to retain through restricted free agency, and Goran Dragic.
Celtics Re-Sign Avery Bradley
JULY 15TH, 6:40pm: The deal is now official, according to a team press release.
“We see Avery as a key part of our chase of Banner 18,” said Celtics president Danny Ainge in a statement. “He keeps getting better and is still far from reaching his ceiling. We’re ecstatic to have him back.”
JULY 2ND, 9:28am: It’ll be a fully guaranteed contract with no option clauses, Butler tells Marc J. Spears of Yahoo! Sports (Twitter link).
8:47am: The deal is worth $32MM over four years, tweets Baxter Holmes of The Boston Globe.
8:20am: The Celtics will re-sign restricted free agent Avery Bradley, reports Steve Bulpett of the Boston Herald (Twitter link). The terms of the deal for the Mitchell Butler client aren’t immediately clear.
The C’s had been telling other free agents that Bradley would be a part of the club going forward, according to Alex Kennedy of Basketball Insiders (Twitter link), so it appears they were confident all along that the guard would re-sign. Still, the Sixers, armed with tons of cap flexibility, made contact with the 23-year-old Bradley shortly after free agency began. Celtics president of basketball operations Danny Ainge nonetheless made reference within the past week to the former 19th overall pick as a major part of the franchise’s future, and stated his belief in the ability of Bradley, Rajon Rondo, and the newly drafted Marcus Smart to co-exist on the team.
Executives who spoke recently to Chris Mannix of SI.com believed Bradley would end up with annual salaries between $7MM and $9MM. That’s after he reportedly turned down a four-year, $24MM extension offer from the Celtics last fall. He proceeded to put up a career year, scoring 14.9 points per game and draining 39.5% of his three-point attempts, proving he’s more than just a defensive specialist. The C’s and Bradley have had a mutual interest in his return, and Bradley has spoken of his affection for playing with Rondo. Perhaps Bradley’s willingness to re-sign so quickly indicates that Rondo, a free agent next year, is likely to remain in Boston, too, though that’s just my speculation.
Bulls Waive Amundson, Brewer, James
The Bulls have waived Lou Amundson, Ronnie Brewer and Mike James, the team announced via press release. The move wipes their non-guaranteed salaries from Chicago’s books. All three were on minimum-salary deals to which Chicago signed them at the end of last season in the hopes they could end up helping the Bulls aggregate salaries in a trade. Instead, Chicago opens up the cap space necessary to complete their deals with Pau Gasol and Nikola Mirotic.
The trio will hit free agency unless another team picks them up off waivers. The trio combined to play a total of three minutes for the Bulls after the team signed them, but each isn’t too far removed from a more prominent role. James finished the 2012/13 season as the starting point guard for Dallas, Brewer started 34 games for the Knicks that year, and Amundson, though long a reserve, was well-regarded enough to merit deals with three teams that season.