Odds & Ends: Nowitzki, Colangelo, Fredette
Rockets GM Daryl Morey said today that he asked Mark Cuban about acquiring Dirk Nowitzki this summer out of fears the Warriors would keep Dwight Howard from coming to Houston, according to ESPN (Twitter link). Cuban didn’t realize Howard hadn’t committed to the Rockets, and interpreted the proposal as a taunt over the Mavs‘ failed pursuit of Howard. Morey made his remarks at the Sloan Sports Analytics Conference, and we’ve got more from that meeting of the minds as we pass along the latest from the NBA:
- Former Raptors and Suns GM Bryan Colangelo admitted that he attempted to tank a few seasons ago, tweets Jeff Goodman of ESPN.com. Presumably, that happened during his Raptors tenure.
- Jimmer Fredette piqued the interest of the Celtics, but it “wasn’t a good fit for either side,” as president of basketball operations Danny Ainge told reporters today, including Gary Washburn of the Boston Globe (Twitter link).
- The Timberwolves have no interest in Fredette for “myriad reasons,” according to Darren Wolfson of 1500 ESPN Twin Cities (Twitter link).
- Some within the Lakers organization wanted to retain Pau Gasol through the trade deadline to keep his Bird Rights, but Gasol writes in his blog that L.A.’s financial advantage to re-sign him won’t play into his decision (translation via HoopsHype). The 7-footer says he wants to go where he can help a team win a title, but he’s not ruling out a return to the Lakers.
- Caron Butler‘s role on the Heat would have been similar to the one Mike Miller played in recent years, and part of his decision to instead join the Thunder centered on the chance for more playing time, notes Ira Winderman of the Sun Sentinel (Twitter links).
- The top half of the lottery picks in this year’s draft will be a star-studded bunch, but there are still other potential franchise-changing players in the mix, writes Zach Harper of CBSSports.com, who examines five potential steals.
Bobcats, Ben Gordon Talk Buyout
3:36pm: The Thunder have interest in Gordon, who continues to pursue a buyout with Charlotte, according to Ramona Shelburne of ESPNLosAngeles.com. Unlike other clubs thinking of signing him, Oklahoma City is open to giving him a deal that would allow him to become a free agent this summer, Shelburne adds (Twitter links).
FRIDAY, 10:23am: The Bulls are not expected to have interest in Gordon unless they miss out on Jimmer Fredette, according to Mike McGraw of the Daily Herald. Fredette is reportedly “strongly leaning” toward Chicago.
FEBRUARY 27TH: Buyout discussions continue between Charlotte and Gordon’s representatives, but the Raymond Brothers client doesn’t want to hook up with any team that wouldn’t allow him to hit free agency this summer, as he’s currently scheduled to do. The Bulls, Clippers and Rockets are apparently dangling two-year offers (Twitter links).
FEBRUARY 21ST: 5:40pm: Gordon and the Bobcats are close to completing an agreement on a buyout, according to Ramona Shelburne of ESPN.com.
1:38pm: The Bobcats and Ben Gordon are in negotiations about a buyout of his bloated expiring deal, reports Adrian Wojnarowski of Yahoo! Sports. Gordon is making $13.2MM in the final season of a five-year, $58MM contract. He was rumored to have been a part of discussions about the trade Charlotte made with the Bucks yesterday, but the 30-year-old shooting guard remains a Bobcat.
Gordon has seen action in just 18 games for the Bobcats this season, averaging 5.3 points in 14.4 minutes per contest. The career 40.2% three-point shooter has made a career-low 28.6% of his long-range attempts this year. Gordon has been in trade rumors since clashing with former coach Mike Dunlap last season.
The 10th-year veteran came to Charlotte from the Pistons in the summer of 2012 as part of a deal for Corey Maggette and a first-round pick that could become a lottery selection for the Bobcats this year. Buyout chatter has emerged surrounding Charlie Villanueva as well, meaning both key figures from Detroit’s 2009 spending spree may wind up ending their deals early.
Eddie Scarito contributed to this post.
Bulls Rumors: Fredette, Thibodeau, Granger
The Bulls appear on the verge of a deal with Jimmer Fredette, and although coach Tom Thibodeau wouldn’t address the soon-to-be former King specifically with reporters, he dropped strong hints that Fredette is the sort of player the team wants to add. Nick Friedell of ESPNChicago.com rounds up the coach’s remarks.
“We could always use shooting so we’ll see,” Thibodeau said. “I know (Bulls executives are) looking at a number of guys right now. But any time we could add shooting, we’re interested. I think the more shooting you have the more it opens up the floor. It’s just to create the space, too. We want to open things up where we could attack off the dribble with our cuts, things of that nature. But it’s also how you complement your primary scorers, so we feel that’s an area of need.”
There’s news about Thibodeau himself amid the latest from Chicago:
- Bulls vice president of basketball John Paxson operations issued another dismissal of rumors that Thibodeau will leave the team this summer over disagreements with the front office, notes Joe Cowley of the Chicago Sun-Times. “He is not going anywhere. … I don’t think it’s a stretch to say that our team is the best prepared in the NBA with Tom as our head coach,’’ Paxson said Thursday on WGWG-FM 87.7.
- Sources close to the Bulls tell Mike McGraw of the Daily Herald that they didn’t have strong interest in Danny Granger or Caron Butler, despite reports putting them in the mix for both.
- Trade chatter surrounded Mike Dunleavy and Kirk Hinrich before the deadline, but the Bulls never engaged in serious talks to deal away either of them, according to Sam Smith of Bulls.com, who answers reader questions in his latest mailbag column.
Stan Van Gundy Unlikely To Coach Next Season
Former Heat and Magic coach Stan Van Gundy is highly unlikely to return to the sidelines next season, barring an overwhelming opportunity, as he tells Steve Kyler of Basketball Insiders (All Twitter links). The 54-year-old still has interest in coaching, but he says he’s promised his family that they’ll have a say in his decision, and he doesn’t want to move with two children in high school.
Van Gundy has been linked to the Knicks this year, and said this past offseason that four teams had contacted him about their vacancies. In that same interview, he acknowledged that it’s possible that he’ll never coach again, a sentiment he also expressed in May. Van Gundy last coached in 2011/12 with the Magic, who let him go amid what appeared to be a broken relationship with Dwight Howard. The two have since reconciled and become close.
His teams made the playoffs in each of the seven full seasons he coached. The only time he didn’t take a team to the postseason was in 2005/06 with the Heat, when Pat Riley stepped in for him 21 games into the season. That team went on to win the championship. Van Gundy never guided a club to the Larry O’Brien Trophy, but he made a trip to the Finals with the Magic in 2009. He has a 371-208 record overall.
Gustavo Ayon Done For Season
Center Gustavo Ayon had surgery today on his right shoulder and he’ll miss the rest of the season, the Hawks announced. The news is a blow to a team that’s perilously thin on the front line as it fights to hold on to the final playoff spot in the Eastern Conference. The Hawks are already without Al Horford for the rest of the season, and they’re missing Paul Millsap and Pero Antic, who are out with short-term injuries.
Atlanta recently signed bought center Mike Muscala out of his Spanish league contract and signed the 2013 second-round pick Thursday to shore up the team’s inside presence. The team has lost 10 out of 11 games to fall from third place to eighth in the East. The Hawks hold a lead of three and a half games on the Pistons for the final playoff spot, and they’ve been using DeMarre Carroll as a small-ball power forward in the starting lineup, with Elton Brand at center.
The Hawks still have a $5.15MM trade exception for Horford they could use to add a player between now and March 10th. It seems unlikely they’ll use the exception unless an intriguing big man comes available on the buyout market, since most free agents at this point would command no more than the minimum salary.
Ayon has been out since February 18th, when he injured the shoulder against the Pacers. He’s making $1.5MM this season in the final year of a three-year contract, and he’ll be a restricted free agent this summer if the Hawks make a qualifying offer worth $1.875MM.
Celtics Don’t Plan Buyout For Keith Bogans
The Celtics aren’t planning to agree to a buyout with Keith Bogans, tweets Gary Washburn of the Boston Globe. A source recently told Steve Bulpett of the Boston Herald that Bogans intended to “stick it out” with the team the year, presumably an indication that he didn’t want out of his contract, which pays him more than $5MM this season. The 33-year-old has been away from the team since early January, when he and management agreed to informally part ways over Bogans’ frustration with a lack of playing time.
Celtics president of basketball operations Danny Ainge last month deemed Bogans a trade chip, suggesting that a swap was more likely in the summer than at the deadline. That was another hint that a buyout was unlikely, since retaining him allows the Celtics to offer him up to other teams as a de facto expiring contract. Bogans’ deal runs through 2015/16 with salaries in excess of $5MM each year, but the only guaranteed salary is for this season. The Dan Fegan client scored the over-market contract as part of the Kevin Garnett/Paul Pierce blockbuster. The Nets needed to add to the swap to make the salaries match, prompting them to throw Bogans in via sign-and-trade. Sign-and-trade deals must cover three seasons, but only the first year needs to be guaranteed.
Bogans and the Celtics have until the end of Saturday to have a change of heart in time for the 11th-year veteran to be eligible to play for a team in the postseason. The shooting guard is one year removed from starting 23 games for a Nets team that made the playoffs, but he’s only appeared in six games this season.
Heat Stars Not Planning Hometown Discounts?
LeBron James, Chris Bosh and Dwyane Wade aren’t going to be “sacrificing millions for the good of the team,” a source tells Mitch Lawrence of the New York Daily News. All three have early termination options on their contracts that they can exercise at season’s end, and it appears they’ll seek the highest paydays possible after signing for less than the maximum salaries they all could have commanded in 2010.
James would no doubt become the most sought-after free agent on the market if he opts out, though he’s given no indication about whether he’ll do so, nor has he suggested that any team would be the favorite to sign him. Similarly, no such hints have come from Bosh, who should also warrant maximum-salary offers if he were to become a free agent, or Wade, whose age (32) and knee troubles would make him the least desirable of the three.
All three could make the most money over the next two seasons by remaining under their current deals, which run though 2015/16. James and Bosh are set to make $20.59MM each in 2014/15, with Wade slated for $20.164MM. If they opt out, the maximum that James and Bosh could make as a starting salary in a new deal, whether with Miami or another club, would be $20,020,875, or 105% of their current salaries. The max for Wade would be $19,606,650. It’s conceivable that the NBA’s maximum salary could rise high enough to make it somewhat more lucrative for all three to sign new contracts, but that won’t be determined until after the July Moratorium, past the deadline for the trio of stars to decide on their early termination options.
Still, they could guarantee themselves a greater sum of money over the long-term if they opted out and signed new four- or five-year contracts. The Heat stars took less than the max in 2010 to join up, with Wade, then still in the prime of his career, making the largest sacrifice. James, Wade and Bosh were all clients of the Creative Artists Agency at the time, but James has since left to join longtime friend Rich Paul of the Klutch Sports Group. If the three stars opt in and rejoin the Heat next season, each has another opportunity to get out of their respective deals via player option in the summer of 2015.
Miami has Bird Rights with all three, allowing the team to exceed the salary cap to re-sign them. The issue for the Heat, as it has been over the past few years, would be figuring out how to maintain a championship-caliber roster around their stars, particularly if Wade’s health continues to decline. The Heat have recently convinced several others to take discounts, but they’ve nonetheless paid the luxury tax the past two seasons, and are set to do so again. The tax penalties will become much greater next season, when repeat offender tax rates kick in.
Kings Agree To Buyout With Jimmer Fredette
5:52pm: Fredette is “strongly leaning” towards joining the Bulls once he clears waivers, according to David Aldridge of NBA.com (Twitter link).
3:26pm: The Kings and Jimmer Fredette have reached agreement on a buyout, the team announced. Sacramento’s press release doesn’t specifically state that the team has placed him on waivers, but presumably that’s the case. The Kings and Fredette’s representatives with Octagon Sports have been engaged in buyout talks this week after Sacramento failed to find a new home for its former 10th overall pick before the trade deadline.
Fredette will likely become a free agent on Saturday, and the Cavs and Bulls appear to be the teams with the most significant interest in signing him. Fredette is reportedly cool on the idea of joining Cleveland and is strongly considering latching on with a playoff team from the Eastern Conference. Chicago is pursuing others on the buyout market, but its best shot at landing a player of note appears to be with Fredette. The Grizzlies had interest, but Fredette was leaning against signing with Memphis in the hours before the Grizzlies claimed Beno Udrih off waivers Thursday, likely short-circuiting any chance of Fredette ending up with them.
Sam Amico of Fox Sports Ohio nonetheless hears the Grizzlies, as well as the Nuggets, are intrigued, and he names the Jazz a likely suitor as well. The Cavs are a long shot, according to Amico.
It’s not clear how much of Fredette’s $2,439,840 salary he’s giving up in the arrangement. The Kings declined the fourth-year option on his rookie scale contract, so he was due to hit free agency this summer. He never lived up to his draft position in Sacramento, where he saw his playing time shrink with each passing season. Still, he’s shooting 49.3% from three-point range with a 16.5 PER this season in 11.3 minutes per game.
“This was a very tough decision, but we’re confident that the agreement reached today represents the most productive path forward, both for Jimmer and the Kings,” Sacramento GM Pete D’Alessandro said. “Echoing a sentiment that everyone who knows him appreciates about Jimmer, he’s a tremendous person and a consummate professional. We thank him for the meaningful contributions he made to the team and in the Sacramento community. On behalf of an entire organization, we wish him nothing but great success in the future.”
The move opens a roster spot, and a report earlier this week indicated the team was likely to fill it with a 10-day contract for fellow former first-round pick Royce White. Still, coach Michael Malone said Thursday that such a move wouldn’t be happening soon.
Eddie Scarito contributed to this post.
Bucks Waive Caron Butler In Buyout Deal
4:43pm: The Bucks have officially waived Butler, the team announced. There’s no mention of a buyout arrangement in the statement, but presumably that’s what took place. He’s set to become a free agent on Saturday.
3:56pm: A source tells Charles F. Gardner of the Journal Sentinel that Butler’s parting of ways with the Bucks is official, and Ramona Shelburne of ESPNLosAngeles.com hears he’ll be placed on waivers today (Twitter links). Still, there’s been no official announcement from the team.
8:01am: Caron Butler and the Bucks have reached agreement on a buyout, reports Adrian Wojnarowski of Yahoo! Sports, who casts the Thunder and Heat as the favorites to sign the small forward once he clears waivers. The Bulls and Spurs are also in the running, according to Wojnarowski (Twitter links). Butler will hit waivers once Milwaukee makes the move official, and presumably will become a free agent 48 hours later.
The Heat appeared to be the front runners for their former lottery pick when news broke earlier this week that Butler and the Bucks were talking about a buyout, but it appears they have strong competition from Oklahoma City. The Spurs have also previously been linked to Butler, but the Bulls appear to be a newcomer to the pursuit.
The 33-year-old Butler was in trade chatter leading up to the deadline, and while one report indicated the Bucks would be reluctant to give up the Wisconsin native, another suggested the team was ready to part ways, either via trade or buyout. Milwaukee acquired Butler in a trade with the Suns in the offseason, though he never played for Phoenix, which traded for him earlier in the summer in a deal with the Clippers. Butler’s expiring contract calls for him to make $8MM this season, though it’s unclear how much of that the Raymond Brothers client is giving up in the buyout.
10-Day Contract Tracker
The week since the trade deadline has been a busy one, and that’s reflected in the heavy volume of 10-day signings. There have been 11 such deals in the past seven days, and more are rumored to be coming as the buyout market continues to take shape.
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. It includes information on every 10-day contract signed since the 2006/07 season, 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 Cartier Martin 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. 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.