Southwest Rumors: Covington, Mavs, Anderson
Robert Covington is in the Rockets plans for next season, but a lot could change before then, tweets Jonathan Feigen of The Houston Chronicle. Only $150,000 of Covington’s $816,482 salary is guaranteed, and it could be on the chopping block if Houston needs the space to sign one of their free agent targets. Here’s more from around the Southwest Division:
- Mavs owner Mark Cuban told 103.3 FM ESPN Dallas that his team will be aggressive in free agency, but won’t be offering max contracts to anyone (transcription via Tim MacMahon of ESPNDallas.com).
- Cuban added that Mavs coach Rick Carlisle is one of the biggest draws to Dallas for prospective players. “Rick has got the skill set and we’ve got veteran guys who know how to implement offensive and defensive strategies that really give us a unique opportunity. That’s something that very few teams can say,” said Cuban. “If you look at other teams with cap room and then you just look at their coach and if they’ve made the playoffs, you look at how their playoff runs went, you’re not looking at them and saying, ‘Wow, that team really …’ I don’t want to throw anybody under the bus, but their coaches are not as good as Rick Carlisle.”
- The Spurs selection of Kyle Anderson does not indicate that San Antonio is planning for life without free-agent-to-be Boris Diaw, according to Jeff McDonald of The San Antonio Express-News (Twitter links). McDonald projects Anderson as likely to go on frequent assignments to the Spurs D-League affiliate this coming season.
Southeast Rumors: Heat, Hornets, Gooden
Heat president of basketball ops Pat Riley shared his thought process behind the decision to trade up in the draft for Shabazz Napier, telling reporters including Ira Winderman of The Sun Sentinel he heard a team was set to pick the point guard ahead of Miami. “You don’t want to get sort of left at the altar,” Riley said. Here’s more from the Southeast Division:
- While the cap holds for the Heat prevent the team from making significant additions without renouncing the rights to recent opt–outs Dwyane Wade, LeBron James, and Udonis Haslem, Miami could obtain a $2.5MM room exception for being at least temporarily below the cap, as Brian Windhorst of ESPN.com notes. The exception is only likely to come into play if the trio of James, Wade, and Chris Bosh re-sign at a discounted rate, or if one of them leaves.
- The Heat have engaged in trade talks to deal away Norris Cole and his $2MM salary, Windhorst adds.
- Hornets coach Steve Clifford made it clear to Josh McRoberts and Cody Zeller that the team’s selection of Noah Vonleh does not impact Charlotte’s plans for either player, he tells Rick Bonnell of The Charlotte Observer. “When we drafted Noah, the first thing I did was clap, and then I texted (McRoberts and Zeller) that this doesn’t affect their status, their playing time,” Clifford said. “Josh is the starter, coming off a great year. We need him back. I made sure he understood that.” McRoberts declined his player option for next season, but the team has maintained their desire to retain him moving forward.
- The Hornets will look to improve upon last year’s playoff berth with pieces acquired this summer. “We’ve been preparing for the draft and free agency for the last year,” Charlotte GM Rich Cho tells Bonnell in a separate article. “We have a definite game plan for free agency.” In the same piece, Bonnell looks at some of the free agents the Hornets could target with their cap space this summer.
- J. Michael of CSNWashington.com says it’s a “win-win” for free agent Drew Gooden to return to the Wizards. Michael notes that Gooden is still being paid by Milwaukee for his amnestied contract, so it would behoove him to sign a modest deal with Washington in order to preserve his Early Bird Rights for the 2014/15 season.
Knicks Notes: Calderon, Anthony, Thanasis
We learned earlier today that the Knicks are feeling increasingly optimistic at their chances of re-signing Carmelo Anthony, and are planning to make a run at Pau Gasol in free agency. Here’s more from New York:
- Jose Calderon wants to play with Anthony, telling reporters including Marc Berman of The New York Post that he will soon tell the forward that he can make his life easier from the point. “I’m hoping to talk to him for sure,” Calderon said. “I’d love to make everything easier for him and make the team successful and try to get as far as we can.’’
- Calderon added that he would help recruit other players to New York as well. “This is my team,” said Calderon, who has ties to potential Knicks target Marc Gasol. “I’m going to help to improve it as much as I can. Anybody that we can get here or would be interested, I’d be willing to talk to, to try to make them come to the Knicks.”
- Thanasis Antetokounmpo may play in Greece next season, where teams are interested in signing him, reports Berman in a separate piece. Antetokounmpo was drafted with the 51st pick the Knicks received in the Dallas trade.
- Eric Pincus of Basketball Insiders runs the numbers on the recent Knicks/Mavs trade. Since Dallas is a non-tax paying team, they were allowed to unevenly match the salaries of Samuel Dalembert, Calderon, and Wayne Ellington for Tyson Chandler, and count Shane Larkin‘s full salary toward the exception. Dallas receives a $1,536,960 trade exception for Larkin’s departure, and New York receives a $3,637,073 exception for Raymond Felton.
- Ohm Youngmisuk of ESPNNewYork.com runs down how the draft moves of the teams planning to pursue Anthony may affect the race to sign the prized free agent.
Celtics Notes: Rondo, Smart, Rebuild
The Celtics plummeted down the standings last season, their first chapter in a rebuild after parting with Doc Rivers, Paul Pierce, and Kevin Garnett. Boston netted two first round picks from those efforts, selecting Marcus Smart and James Young. Here’s the latest on where the franchise stands:
- GM Danny Ainge will entertain offers for Rajon Rondo this summer, but that doesn’t mean the point guard will be traded, sources tell Steve Bulpett of The Boston Herald. Bulpett’s sources say that the market for Rondo is not very high, and that Boston would rather let him walk as a free agent than take salary back in an underwhelming package.
- For now, Boston does hope that pairing Rondo with Smart will work despite their positional overlap, and the Celtics ideal scenario is to improve around Rondo rather than plan for his exit, per Bulpett.
- While the Celtics have failed to land Kevin Love or swing any kind of blockbuster to accelerate their rebuilding process, Chris Forsberg of ESPNBoston.com thinks the franchise is still on pace to become a long-term contender as soon as next summer.
Raptors Extend Offers To Vasquez, Patterson
11:51am: The team has announced that a qualifying offer for each player has been officially extended.
11:07am: The Raptors will extend qualifying offers to Greivis Vasquez, Patrick Patterson, and Nando De Colo today, tweets Doug Smith of The Toronto Star. The players will all become restricted free agents as a result of the offers, giving Toronto the right to match any offers they secure on the open market.
Both Vasquez and Patterson were acquired as pieces in the Rudy Gay trade with Sacramento this season. Vasquez, who has played well as both a starter and backup in his short career, triggered an increased qualifying offer of $4.7MM. Patterson, a steady rotation big who excels as a shooter, will receive a reduced offer at roughly $4.3MM.
De Colo’s offer will be roughly $1.8MM. De Colo arrived in Toronto via a trade deadline deal with the Spurs, and played limited minutes as a backup wing. All three will assuredly seek more lucrative offers from other teams for Toronto to match or decline, as qualifying offers will remain on the table during that process.
Haslem Opts Out, Wade And Bosh To Follow?
Udonis Haslem has opted out of the the final year of his contract, tweets Ethan J. Skolnick of Bleacher Report. Skolnick suggests that the move is a part of a concerted strategy by the Heat’s Big Three to provide cap flexibility in Miami, and that Dwyane Wade and Chris Bosh will exercise their early termination clauses for the same purpose. Haslem will forgo $4.6MM in salary for 2014/15 in hopes of re-signing a multi-year deal that rewards him financially while giving the Heat some much needed breathing room as it seeks to retain and build around its championship core (all Twitter links).
As soon as LeBron James terminated his contract with Miami for this season, the onus shifted to the Heat management and players to find a way to convince the league’s best player of their viability as a long-term contender. Haslem shares representation with Wade and Bosh, and had the trio opted to remain on their original contracts, there would have been virtually no room for team president Pat Riley to significantly improve the roster outside of re-signing aging veterans.
While Bosh has maintained his willingness to accept a reduced deal in order to keep the team in tact, Wade has been mum on his decision. Wade stands to sacrifice the most by terminating his deal, as he would give up over $41.8MM over the next two years in salary. That’s a number he is very unlikely to fetch on the open market, especially after a poor showing in the Finals despite regimented rest to keep him fresh throughout the year.
Knicks Confident About Re-Signing ‘Melo
Sources tell Marc Stein and Ramona Shelburne of ESPN.com that the Knicks are “quietly confident” they will be able to re-sign Carmelo Anthony, in part due to the star forward’s growing bond with president Phil Jackson. ‘Melo will be chased by teams that appear closer to a championship than New York in free agency, but the Knicks are hoping that their recent trade with the Mavericks, which provided an upgrade at point guard with Jose Calderon, will make their roster more appealing to Anthony.
With head coach Derek Fisher and the newly acquired point guard Calderon, Jackson has put in place some of the pieces for his cherished triangle offense. If Anthony re-signs in New York, one of the biggest remaining gaps for the system would be a skilled big man. The ESPN scribes’ source says that Jackson is planning on pursuing Pau Gasol at a discounted rate to fill that need this summer, and the team has its eye on his brother Marc Gasol for the 2015/16 season, when the Grizzlies center will be a free agent. Currently, the most the Knicks could offer Pau would be the taxpayer’s mid-level exception of $3.278MM, a steep pay decrease from his $19.3MM salary in 2013/14.
This summer will be a highly intriguing one for the Knicks. The hiring of Jackson brought hope to a franchise that has bumbled away opportunities and flexibility for years. Knicks fans have been hoping the Zen Master could work his magic and turn the Knicks’ straw to gold. While a typical turnaround for a franchise as limited as New York requires some losing and patience to regain cap space and assets, Jackson would certainly increase his legend if he could jump start the turnaround in his first year as a front office executive.
And-Ones: Knicks, Kings, Heat
It’s been a busy day around the league, and things could get even crazier tomorrow. Here’s a roundup of the night’s notes:
- If Zach Randolph isn’t signed prior to the draft and the Grizzlies select a power forward, it could be an indication that Memphis is preparing to move on from Randolph, writes Ronald Tillery of Commercial Appeal.
- A rival executive tells Howard Beck of Bleacher Report (Twitter link) that he could envision the Knicks breaking into the first round by flipping newly acquired Shane Larkin, as we speculated earlier tonight.
- Beck tweets that the Knicks hope Jose Calderon‘s presence will help them lure Marc Gasol to New York when the dynamic center hits free agency before the 2015/16 season.
- The Kevin Love talks between the Wolves and Warriors were “never off” and remain ongoing, tweets Sam Amick and Jeff Zillgitt of USA Today.
- The Kings primary concern is adding perimeter shooting, writes Jason Jones of The Sacramento Bee. “I think it’s a very important factor for the draft,” GM Pete D’Alessandro told Jones. “I think it’s something we have to take seriously and take a strong look at, for sure.”
- A person with knowledge of restricted free agent Isaiah Thomas‘s situation tells Sam Amick of USA Today that the point guard’s market value is between $4MM and $6MM per year.
- Dwyane Wade has yet to make his decision regarding the early termination clause in his contract, but sources tell Tim Reynolds of The Associated Press that he, LeBron James, and Chris Bosh had a positive meeting regarding their offseason (Twitter link).
Rockets To Trade Asik To Pelicans
10:53pm: The pick is protected so that it will only convey to the Rockets next year if it falls between the No. 4 and 20 selections, tweets Feigen.
9:25pm: The Rockets have a deal in place to send Omer Asik to the Pelicans, sources tell Brian Windhorst of ESPN.com. The Pelicans will send a protected 2015 first round pick to Houston, who is moving Asik to clear cap space in pursuit of LeBron James and Carmelo Anthony (all Twitter links). Sam Amick of USA Today first reported that Houston will also send cash to New Orleans as part of the deal, and Windhorst reports that the amount is $1.5MM (via Twitter).
The Rockets were reported to have deals in place for both Asik and Jeremy Lin, so this is not a shocking development. While a source tells Amick that Lin won’t be moved until the Rockets have a marquee free agent lined up to sign, Asik’s overlapping skill set with starter Dwight Howard makes him a less risky player to part with preemptively. The Turkish big man was shopped by the Rockets last season, but the balloon payment on the upcoming final year of his contract cooled teams from acquiring the elite defender. Of course, Houston was interested in getting back a player to help in their playoff run at the time, which wasn’t a factor in this trade.
The pick from New Orleans has layers of protection, tweets Jonathan Feigen of The Houston Chronicle. Feigen says it will likely end up going to the Rockets in the late lottery or as high as No. 20 next year, depending on the Pelicans’ regular season performance. Since New Orleans doesn’t own its 2014 first round pick, the trade would need to be finalized following tomorrow’s draft since teams are prohibited from being without a first round pick in two consecutive seasons.
Amick reports that the teams plan to make the deal official in July, suggesting after the July moratorium, when New Orleans would presumably send back contracts to match the roughly $8.4MM cap hit that accompanies Asik. Eric Pincus of The Los Angeles Times notes that the nonguaranteed contracts on New Orleans’ roster would not equal enough in salary to match Asik’s number and stay under the cap for a valid trade. The Pelicans will have to clear more salary in advance of finalizing the deal, since it would be self-defeating for Houston to take back significant salary as part of the deal (Twitter links).
Jazz Extend Qualifying Offer To Hayward
10:58pm: The Jazz announced their move in a team release (H/T Adi Joseph of USA Today).
10:35pm: The Jazz have extended a qualifying offer to Gordon Hayward, making him a restricted free agent, tweets Tony Jones of The Salt Lake Tribune. The move was expected, and gives Utah the ability to match any offers for the small forward. The team has maintained their confidence in bringing back the former No. 9 pick, and still intend to re-sign Hayward per a tweet from Jody Genessy of Deseret News.
There is mutual interest for Hayward to stay in Utah for the long run, as we detailed in his free agent stock watch post. The Priority Sports & Entertainment client came in sixth in our most recent free agent power rankings, and is sure to generate plenty of interest on the open market. Hayward averaged a career high 16.2 PPG, 5.1 RPG, and 5.2 APG this season, but it came in a year that he experienced by far the most losing as a pro, as the Jazz went just 25-57.