Grizzlies Release Omari Johnson
The Grizzlies have waived forward Omari Johnson, per an official release from the team. Johnson signed a multiyear deal, his first in the NBA, with Memphis late in the 2017/18 season, but his salary for this upcoming season was non-guaranteed, meaning the Grizzlies won’t be on the hook for any of his 2018/19 salary.
Johnson, 29, came off the bench in four games with the Grizzlies as a rookie last season and averaged 5.5 points, 2.8 rebounds and 1.8 assists in 18.8 minutes per game.
He began the 2017/18 season as a member of the Grizzlies’ G League affiliate, the Memphis Hustle, where he appeared in 44 games and averaged 16.6 points, 6.4 rebounds and 1.6 assists per game.
Johnson also previously spent time with the G League’s Maine Red Claws and internationally with C.B. Valladolid of the Liga ACB after being undrafted out of Oregon State in 2011.
Suns Push Back Tyler Ulis’ Guarantee Date
Suns’ point guard Tyler Ulis’ salary guarantee date has been pushed back to June 30, reports Scott Bordow of The Arizona Republic. As our list of upcoming salary guarantee dates shows, Ulis’ 2018/19 salary of $1.54MM was originally set to be guaranteed in full if he remained on the Suns’ roster through today, June 24.
As Bordow notes, the decision by Phoenix to move Ulis’ guarantee date back by six days gives the front office more time to allow for other potential moves that could influence their decision as to whether they want to keep Ulis on the roster next season.
Bordow reported just yesterday that the Suns are ready to make aggressive moves in free agency, but that additional cap room needs to be added in order to do so. By delaying the decision on Ulis’ contract, the Suns were able to avoid having to decide whether or not to waive Ulis until next week.
For example, while nothing has been reported, it’s possible that the Suns have found a team interested in trading for Ulis without sending Phoenix any salary in return, thereby allowing Phoenix to rid their cap of Ulis’ salary without losing him for nothing.
Lakers Front Office Wary Of Tampering Possibility
Ramona Shelburne of ESPN is reporting that the Lakers, who have been fined for tampering twice in the past calendar year (links here), recently called an organizational meeting warning all employees about possible tampering ahead of the upcoming free agent signing period.
The Lakers, who are expected to play a key role during free agency this summer, also sent written notices to employees that referenced possible termination as punishment for anyone who does not adhere to NBA rules.
Per Shelburne, Lakers’ co-owner and governor Jeanie Buss called the meeting, which was led by president of basketball operations Magic Johnson who, somewhat ironically, was involved in both of the team’s prior tampering violations.
As our Hoops Rumors Glossary shows, the July Moratorium doesn’t allow free agent deals to become official until July 6. However, free agents are still permitted to negotiate with teams and agree to terms on new contracts during the moratorium. As such, the Lakers, as with the other 29 NBA franchises, aren’t allowed to begin negotiating with free agents until midnight on July 1.
Knicks’ Kyle O’Quinn Declines Player Option
Knicks center Kyle O’Quinn has declined his player option for the 2018/19 season, reports Adrian Wojnarowski of ESPN. O’Quinn will become an unrestricted free agent this summer.
Quinn, 28, enjoyed a career year with the Knicks during the 2017/18 season, averaging a career-high 7.1 points and 6.1 rebounds in 18.0 minutes per game with a .598/..235/.772 shooting line.
Unlike the Hawks’ Dewayne Dedmon, who was reported to have picked up his player option at nearly the same time that news broke on O’Quinn, the Knicks’ big man was only scheduled to make $4,256,250 next season, nearly $3MM less than what Dedmon will make.
As noted by Bobby Marks of ESPN, O’Quinn’s decision to decline his option likely won’t have any impact on the Knicks’ 2018/19 cap situation unless Enes Kanter also decides to decline his $18.62MM option, as the Knicks would likely only have the ability to operate under the cap if Kanter becomes a free agent.
Photo courtesy of USA Today Sports Images.
Hawks’ Dewayne Dedmon Exercises Player Option
Hawks center Dewayne Dedmon has opted into his contract for the 2018/19 season, reports Shams Charania of Yahoo Sports. Dedmon will earn a salary of $7,200,000 next year after exercising his player option.
Dedmon, 28, enjoyed a career-best season in Atlanta during the 2017/18 campaign, averaging a career-high in points (10.0), rebounds (7.9), and assists (1.5) per game. Dedmon was even able to increase his range to the three-point line, shooting a relatively respectable 35.5% from deep on 141 attempts after only attempting one three-pointer in his entire career before this season.
Despite those improved numbers, it remained unlikely that Dedmon would have commanded a higher annual salary than the $7.2MM he will earn next season.
Meanwhile, the Hawks have openly discussed their plans to build for the future, so Dedmon’s expiring contract could potentially become a trade asset sometime in the not-so-distant future. However, given Dedmon’s production, he’s probably an unlikely candidate to be waived.
Photo courtesy of USA Today Sports Images.
Wolves Notes: Thibodeau, Towns, Aldrich, Patton
Timberwolves head coach and president of basketball operations Tom Thibodeau and General Manager Scott Layden hosted a news conference this afternoon to discuss tomorrow’s draft, upcoming free agency, and reports of Karl-Anthony Towns wanting out of Minnesota, reports Jerry Zgoda of the Star Tribune.
Despite reports of Towns’ unhappiness, Thibodeau says the relationship between the franchise and its star player is all well, telling reporters that everybody is in a good place.
“Yeah, yeah. He’s doing quite well. And I love KAT. He has had a terrific start to his career… To get to where we are — obviously we’re not ultimately where we want to be, but it was a major step forward — you can’t do it individually. It’s got to be the whole group doing it together. And for the most part, I think we are in a good place.”
Regarding the draft, the Wolves own the No. 20 and No. 48 picks and Thibodeau said anything remains possible as the team tries to address their needs.
“It’s one of the few times through the year you have a chance to improve the club, so all options are open right now. We know there’s a great challenge in front of us. The shooting and the toughness, the defense and building the depth.”
As for free agency, Layden said that the team would concentrate more on the free agent market once July 1 draws closer, but that he knows the type of player Thibodeau looks for.
“We know the type of player we need to be in coach’s system and to succeed here. I think we have a real good understanding of that now. So whether it’d be trade, whether it be through free agency or the draft, we have a clear understanding of what type of players will fit here.”
There’s more out of Minneapolis:
- In the same story, Zgoda says he expects the team to buy out backup center Cole Aldrich before the new league year begins next weekend. Aldrich is owed nearly $7MM in 2018/19, but only about $2MM is guaranteed, so the Wolves can significantly reduce his cap hit by cutting him. Darren Wolfson of 5 Eyewitness News confirms that the salary guarantee deadline for Aldrich is June 30.
- Another backup center, Justin Patton, whom the Wolves used their first round selection on last year at No. 16, is finally working out after surgery, but Thibodeau says he will miss all summer and likely most of the fall as well, tweets Jon Krawczynski of The Athletic.
- Krawczynski also tweeted that Layden believes the team is fortunate because their need for wings and shooting line up well with what prospects should still be available at No. 20 tomorrow night.
- In a separate piece for the Star Tribune, Zgoda takes a look at the prospects the Wolves may be targeting with the No. 20 overall selection, including Grayson Allen, Donte DiVincenzo, Khyri Thomas, and Jacob Evans.
Cavaliers Not Actively Shopping Kevin Love
Despite previous reports indicating interest in a possible trade, the Cavaliers are not actively shopping All-Star forward Kevin Love heading into tomorrow’s NBA Draft, reports Dave McMenamin of ESPN. McMenamin further writes that the Cavs also have interest in keeping Love on the roster moving forward regardless of whether LeBron James decides to stay in Cleveland.
Love, 29, averaged 17.6 points per game on 45.8 percent shooting during the 2017/18 regular season, but saw his numbers fall to 14.9 points per game on 39.2 percent shooting during the playoffs. Upon losing in the NBA Finals for a second consecutive season, Love spoke about the uncertainty surrounding his and James’ future with the Cavaliers.
“Obviously, I’d love to play with LeBron the rest of my career, but that will be a choice that he makes… (but) anything is possible. People have been saying (I’m leaving Cleveland) for the past four years. I knew that question would come. But I like to be here. I’ve always said that. Always wanted to win here.”
Love has two years left on his contract with just over $49.7MM in salary remaining, but he possesses a player option for the 2019/20 season.
Knicks Looking To Trade Up For Mohamed Bamba?
Likely lottery selection Mohamed Bamba attended an in-person meeting in New York today with members of the Knicks’ organization, tweets Ian Begley of ESPN. Begley seems to opine that the meeting is an indication that the Knicks are considering trading up from the No. 9 pick in order to draft Bamba.
Jonathan Givony of ESPN has endorsed Begley’s report, adding that the Knicks are specifically exploring the option of trading up to the No. 4 spot in the draft, currently owned by the Grizzlies, with Memphis eager to shed the expensive contract of Chandler Parsons.
Despite the reports, it’s also certainly possible that the Knicks are simply conducting due diligence in the event that Bamba slips to them at No. 9, with Steve Kyler of Basketball Insiders indicating yesterday that Bamba is a candidate to slip a little further than expected in tomorrow night’s draft.
In addition to the ninth selection, the Knicks enter the 2018 NBA draft with only one other pick – No. 36 overall – and the team doesn’t seem to have many other assets with whom they’d be willing to part, with both Kristaps Porzingis and Tim Hardaway Jr. unlikely to be moved for the opportunity to move a few spots higher in the draft to select an unknown, albeit gifted prospect.
Givony’s report seems to imply that the Grizzlies may be willing to trade the No. 4 pick for the No. 9 pick if it means ridding itself of Parsons’ contract, but that would be quite the indictment of Parsons given the breadth of talent at the top of this year’s draft.
Moreover, even if Enes Kanter and Kyle O’Quinn both opt out of their contracts, the Knicks would still likely need to return some salary to the Grizzlies in order to match the value of Parsons’ contract, since they’ll almost assuredly be operating over the cap upon the commencement of the new salary cap year absent any other moves.
Latest On Michael Porter Jr.
As previously reported this weekend, the Knicks, who have long been noted to have significant interest in Michael Porter Jr. and hold the No. 9 overall selection in this month’s NBA Draft, will send “top-level” officials to Chicago this upcoming Friday for a workout with Porter.
Now, according to Ian Begley of ESPN, several teams with picks ahead of the Knicks (Suns, Kings, Hawks, Grizzlies, Mavericks, Magic, Bulls, and Cavaliers) have reached out to members of the Knicks’ organization to gauge the team’s interest in possibly trading up to draft Porter.
Per Begley, there is no indication that the Knicks have reached a consensus as to who they would pick at No. 9, but opposing teams are aware that certain members of the Knicks’ organization are big fans of Porter’s game.
In other Porter Jr. news, Kevin O’Connor of The Ringer noted in his story that we reported on earlier today that the Clippers, who hold both the No. 12 and No. 13 picks in this month’s draft, are interested in possibly trading up for the chance to draft Porter or Luka Doncic.
Cavaliers Waive London Perrantes
The Cavaliers have waived seldom-used backup point guard London Perrantes, reports Shams Charania of Yahoo Sports.
Perrantes, 23, signed a two-way contract with the Cavaliers back in October after going undrafted out of Virginia in the 2017 NBA Draft, but only saw action in 14 games with the Cavaliers, averaging a mere 4.7 minutes per contest.
Despite failing to crack Cleveland’s rotation, Perrantes showed some promise as a Cavalier in college, averaging 12.7 PPG, 3.8 APG, and 3.0 RPG in his senior year at Virginia. He was a training camp invitee of the Spurs last summer before signing a two-way deal in Cleveland.
Moreover, Perrantes did play well in the G League for the Canton Charge this season, starting 35 contests while averaging 11.9 points, 7.8 assists and 3.4 rebounds per game.
Guard John Holland now remains as the only two-way player for the Cavaliers.