Peter Holt Cedes Control Of Spurs To Wife
Spurs owner Peter Holt is relinquishing control of the team to wife Julianna Hawn Holt, the team announced via press release. The 67-year-old Spurs boss is retiring as chairman, CEO and representative on the board of governors, turning those capacities over to his wife. The Holts jointly became the franchise’s largest shareholders in 1996, when Peter Holt ascended to the top of the organization. He’ll remain on the board of managers of Spurs Sports & Entertainment and continue as part of the ownership group.
“Our ownership in the Spurs has always been a family affair,” Julianna Hawn Holt said. “For many years I’ve had the desire to take a more active role with Spurs Sports & Entertainment. We felt this was the right time to make this transition. We are very excited about the current Spurs season and the future of the organization.”
It’s unclear how the change will affect the on-court product going forward. Peter Holt has been a hands-off owner, allowing coach/president Gregg Popovich and GM R.C. Buford to build one of the league’s most well-respected basketball operations. The departing owner served as chairman of the NBA board of governors from 2012 to 2014 and played a leading role in selecting commissioner Adam Silver as the replacement for the retired David Stern, as Tom Orsborn of the San Antonio Express-News noted this past summer in a profile.
The changing of the guard closes a remarkably successful era for the Spurs, who missed the playoffs only once under Peter Holt’s reign. The franchise has won five NBA titles while qualifying for the postseason for an amazing 19 straight seasons.
“I’m proud of what we’ve achieved over the last two decades,” Peter Holt said. “The championships are wonderful, bringing new sports franchises to San Antonio is important but the biggest accomplishment for me will always be the impact we’ve had in our community. The pride, support and love that our city has for the Spurs is truly amazing.”
Julianna Hawn Holt installed Rick Pych, the president of business operations for Spurs Sports & Entertainment, as co-CEO, according to the team’s release.
Atlantic Notes: Anthony, Kilpatrick, Thompson
Knicks small forward Carmelo Anthony holds the real power in the organization thanks to the no-trade clause the team included in his contract, Adrian Wojnarowski of the Vertical on Yahoo Sports notes (video link). The no-trade clause is also why Anthony is likely to outlast team president Phil Jackson in New York, Wojnarowski believes, with the scribe also opining that the executive has failed to elevate the franchise far more than the small forward. Jackson’s biggest missteps as an executive are not ridding the organization of personnel who are negative influences on the overall culture and his steadfast insistence on the team running the triangle offense, according to Wojnarowski. Anthony’s comments about being a free agent recruiter this offseason indicate he doesn’t intend to waive his no-trade clause anytime soon, and even if he did, it wouldn’t be easy to deal the veteran because he would not accept a trade to a small-market team, severely limiting the Knicks’ options, Wojnarowski contends.
Here’s more from the Atlantic Division:
- Shooting guard Sean Kilpatrick, whom the Nets signed today to a second 10-day contract, shows the promise necessary to become GM Sean Marks‘ first success as an executive, Brian Lewis of The New York Post writes. Marks previously expressed his desire to find players for next season via 10-day contracts, and Kilpatrick has delivered in his brief run with the team, averaging 9.4 points and shooting 41% from the field while connecting on 50% of his 3-pointers.
- Jason Thompson is finding his comfort zone with the Raptors, and the power forward praised his new teammates for helping make his midseason transition to a new organization a smooth one, Arden Zwelling of Sportsnet.ca relays. “It was good to just be back on the court, man. I appreciate these guys bringing me in with open arms, knowing that I’m not coming in here and trying to do too much. I’m just trying to fit in,” Thompson said. “Ever since I landed, teammates have been there to try and help me out and ease my way into the situation. It’s been really good so far.”
- Former Nets power forward Andrea Bargnani, whom the team waived as part of a buyout arrangement, has been turning down overseas offers, a hint that he’ll wait until next season to sign with a new team, NetsDaily relays (Twitter link). Bargnani reportedly received contract offers from the Italian club Olimpia Milano and Turkey’s Galatasaray, among others.
- The Celtics have recalled James Young from their D-League affiliate in Maine, the team announced.
Spurs Sign Kevin Martin
MARCH 9TH, 12:30pm: The signing is official, the team announced via press release. San Antonio waived Rasual Butler minutes earlier to clear a roster spot for the move.
9:49pm: The Thunder, Grizzlies and Wizards were among the teams pursuing Martin, Stein tweets.
MARCH 4TH, 9:01pm: The Spurs have reached a contract agreement with free agent shooting guard Kevin Martin, Marc Stein of ESPN.com reports (via Twitter). San Antonio currently has the league maximum of 15 players on its roster, so a corresponding move will be required prior to inking Martin. The Mavs, Rockets and Hawks also had expressed interest in signing Martin once he cleared waivers, as Stein also recently reported.
Martin was available for a trade for months prior to the February trade deadline, as Jon Krawczynski of The Associated Press first reported in December, but potential suitors were apparently reluctant to take him on without knowing what he’d do about his player option for 2016/17. Once the trade deadline passed, Martin and the Wolves reached an agreement on a buyout that saw the player sacrifice exactly half of his $7,377,500 player option for next season and $352,750 of this season’s salary.
The 33-year-old has appeared in 39 games for Minnesota this season, including 12 starts. Martin is averaging 10.6 points, 2.1 rebounds and 1.2 assists in 21.4 minutes of action per appearance. His career numbers through 698 games are 17.6 points, 3.2 rebounds and 1.9 assists to go with a shooting line of .438/.385/.870.
Hoops Rumors Community Shootaround 3/8/16
Mavericks small forward Chandler Parsons is reportedly set to turn down his $16.023MM player option for next season with the salary cap moving sharply upward, and he’s expected to receive a maximum-salary contract in free agency this summer if he does so. Dallas remains the favorite to sign Parsons, but the versatile swingman is expected to entertain an aggressive pitch from the Magic, as well as receive interest from the Heat, Lakers, Nets, Knicks, Trail Blazers, Nuggets and Thunder, according to Tim MacMahon of ESPNDallas.com.
The Rockets, Parsons’ former team, are also potential suitors this offseason, and the forward didn’t rule out a potential return to Houston in a recent appearance on the “Channel 33” podcast. “Houston was home for me for three years,” Parsons said. “I definitely would never count that option out. I have great memories there. They have a great crowd, a great city to live in … I have nothing but respect and love for them. I would never count that out.” Losing Parsons would sting the Mavs, especially give the organization’s difficulties in landing top-tier free agents over the past few seasons, but losing him to an in-state rival would be akin to throwing salt in an open wound.
Parsons is in his fifth season, so he’ll be eligible for the lowest of the three maximum salary tiers, with a starting salary likely approaching $21MM. Dallas will have his Early Bird rights this summer, which means that the Mavs can only offer four years instead of the five that they could with full Bird rights. The team will still have the ability to give Parsons 7.5% raises instead of the 4.5% that the Magic and others will be limited to, which would mean a difference of approximately $4MM over the life of a four-year deal.
This brings me to the topic for today: Where will Chandler Parsons be playing next season?
Will he re-sign with the Mavericks, for whom he has become a big part of the team’s culture and has also taken on the role of free agent recruiter? If you don’t think he’ll re-sign with Dallas, which team would be the best fit for Parsons’ skills, and why? Take to the comments section to share your thoughts and opinions. We look forward to what you have to say.
And-Ones: Anderson, Carter, Matthews
Ryan Anderson is strongly considering a change of scenery this summer when he becomes an unrestricted free agent, which makes the Pelicans‘ decision not to trade him prior to this season’s deadline puzzling, Alex Kennedy of Basketball Insiders writes. Sources tell Kennedy that Anderson seems to be leaning toward signing with a team other than New Orleans. Teams expressing interest in Anderson leading up to the deadline included the Wizards, Pistons, Cavaliers, Clippers, Kings and Suns, Kennedy notes. It’s unclear just how many of those teams will pursue Anderson this summer, with Washington acquiring Markieff Morris, Detroit landing Tobias Harris, Channing Frye ending up in Cleveland and Jeff Green now a member of the Clippers as a result of various deadline trades.
The 27-year-old says he hasn’t discussed his pending free agency with the team yet, Kennedy notes. ”No conversations at all about it,” Anderson told reporters. ”Obviously I think they are in the same boat, so many things can happen they may have multiple pieces they are thinking about. A lot of stuff that I don’t know about obviously that they talk about behind closed doors. So I haven’t communicated at all with them.”
Here’s more from around the league:
- Mavericks swingman Wesley Matthews scoffs at the notion that the Dallas roster is devoid of talent and places the blame for the team’s struggles this season on porous defense, Tim MacMahon of ESPNDallas.com relays (ESPN Now link). “A talent problem? No, we don’t have a talent problem,” Matthews told MacMahon. “If we don’t have a talent problem, then what’s the problem? We’re giving up too many points in transition. I just said it. I mean, you guys can pick apart our team all you want. We’ve got talent on this team. So y’all can miss me with that.“
- Kentucky freshman center Skal Labissiere has played his way back into the lottery in the latest mock draft from Jonathan Givony of Draft Express. The young big man is currently projected to go 10th after plummeting toward the bottom of the first round in Givony’s previous projection. Labissiere is averaging 6.8 points and 3.2 rebounds on the season, and while he’s picked up his play as of late, scouts remain skeptical and want to see how well he performs in postseason tournaments before making their final judgments, Adam Zagoria of SNY.tv relays.
- One reason for the Trail Blazers‘ surprise success this season is that the players have fully embraced coach Terry Stotts and his combination of compassion, toughness and basketball IQ, Jason Quick of CSNNW.com writes.
- Small forward Sampson Carter, who was with the Grizzlies during the preseason, has signed with the Mexican club Caballeros de Culiacan, the team announced (translation via Orazio Cauchi of Sportando).
Jared Cunningham To Join Jazz D-League Team
Jared Cunningham has rejoined the the Idaho Stampede in the NBA D-League as a returning player, Chris Reichert of Upside & Motor reports (Twitter link). Idaho is Utah’s affiliate, but Cunningham will still have the ability to sign with any NBA team that expresses interest in his services.
The Magic waived the 24-year-old after taking him in via the swap that sent Channing Frye to the Cavaliers at the trade deadline. Cunningham is still in line to make his full $981,348 salary, with Orlando on the hook for $947,276 of it and the league picking up the rest. While that is certainly not a king’s ransom by today’s NBA standards, it will certainly allow the player the ability to wait out his next NBA opportunity without having to jump at the first offer he were to receive.
Cunningham appeared in 40 games for the Cavaliers, including three starts, prior to the deal that sent him to Orlando. His numbers on the season are 2.6 points, 0.7 rebounds and 0.5 assists in 8.9 minutes per contest. His slash line is .352/.313/.625.
Southeast Notes: Jefferson, Hardaway Jr., Cho
Tim Hardaway Jr. is finally starting to reward the Hawks for last June’s draft night trade that brought the former Knicks shooting guard to Atlanta, KL Chouinard of NBA.com writes. The swingman saw more D-League action than NBA minutes earlier in the season as he struggled to recover from a wrist injury he suffered last March, Chouinard notes. “I do think he had an injury that was a bit understated,” coach/executive Mike Budenholzer said. “His conditioning and his strength coming off the summer probably wasn’t where we would like it to be, and ultimately defense is where that stuff tends to come out.”
Budenholzer said Hardaway also needed to improve his dedication to playing defense prior to becoming a regular member of the team’s rotation, the scribe relays. “He really wasn’t going to be getting the opportunities that he wanted, that every player craves,” Budenholzer said, “if he wasn’t better and if we didn’t feel like he was committed to that end of the court the way he is right now. What he is doing on that end of the court – his activity and ability to get through screens and shift and rebound – I’m very pleased with his progress.”
Here’s more from out of the Southeast:
- The Hornets went into this past summer with the goal of diversifying their offensive attack and adding players who could stretch the floor with their outside shooting, David Aldridge of NBA.com writes. “In the offseason, we made a concerted effort to try and improve a lot at the offensive end — in particular, our shooting — as well as improve our overall skill level,” GM Rich Cho said. “And when we tried to do that, we tried to find some guys with some versatility. We brought in Nicolas Batum, Jeremy Lamb, Jeremy Lin, Frank Kaminsky — they can all play more than one position. And we think they complement Cody Zeller and Mike [Michael Kidd-Gilchrist], who can also play more than one position.“
- The moves to change up the team’s offensive attack were made with center Al Jefferson mind, as defenses were focused on shutting down the big man’s game in the post, the NBA.com scribe notes in the same piece. Jefferson, who will become an unrestricted free agent at season’s end, doesn’t fit the mold of today’s prototypical NBA center, but he isn’t worried about becoming obsolete, Aldridge relays. “It’s good to have that experience and just watch the league change before your eyes,” Jefferson said. “And I really believe it’s going to change back. It’s just like clothes. Clothes always come back in style. I really believe the league is going to get back big again. I might be long gone. I might be watching in my La-Z-Boy, but I really believe it’s going to go back big again, like when I first got in the league. It’s a cycle. It’s going to take one team to go big and do it. It’s a copycat league. Watch me. You’re going to remember when you talked to me today. It might be 10 years, but you’re going to remember, ‘He said it!’“
Atlantic Notes: Davis, Jackson, Young
The Sixers have shown an increased willingness to add veterans to their roster since Jerry Colangelo was hired for a front office role, but the team isn’t currently thinking about signing Baron Davis, David Aldridge of NBA.com writes. Davis recently joined the Sixers’ D-League affiliate in Delaware, but Philadelphia wants to observe his play over a period of time prior to making a decision, Aldridge adds. “I have great respect for what he used to do,” coach Brett Brown said regarding Davis. “I don’t ever remember rushing home to watch a playoff series like I did to watch that Dallas-Golden State series [in 2007]. And I get flashbacks of that every time I hear his name. But we have not talked much about that, if at all.”
“I’d characterize it as, it’s an 87ers’ move, not a 76ers’ move, but consistent with our strategy,” said Delaware GM Brandon Williams of signing Davis. “I was told we want to identify, develop, and give opportunity to talent. For the first couple of years, we’ve kind of been devouring the market for young prospects, that maybe people have passed over. We took a chance with Earl Clark, a guy that people know. But there’s still some game there. Is there enough? Is he still thirsty enough, is he still hungry enough, can he help a team? Then we take a chance with Baron. He says, ‘the last time I left a court, it was on a stretcher.’”
Here’s more from the Atlantic Division:
- Knicks team president Phil Jackson didn’t land center DeAndre Jordan when he was an unrestricted free agent last summer, but the big man says he came away impressed with the executive after their meeting, Ian Begley of ESPN.com writes. Jordan noted his time with Jackson included a discussion of off-court topics, the executive’s vision for the team and a pitch regarding the triangle offense, Begley adds. “They showed me some things, how I’d fit in in that offense and what I would do to excel as a player and what we’d do to excel as a team,” Jordan said. “The message [from Jackson] was just for me to be an all-around player and improve my game as much as I could. Phil was great; it was one of my best meetings. He’s such a smart man, such a deep thinker, that you want to be a part of that. He’s won, he proven it. … He made it tough to say no.“
- The Celtics have assigned swingman James Young to their D-League affiliate in Maine, the team announced. This will be Young’s ninth stint of the season with the Red Claws.
Eric Gordon To Miss Remainder Of Season
Eric Gordon will miss the remainder of the 2015/16 season as a result of successful surgery today to repair damage to his fractured right ring finger, the Pelicans announced via press release. This was the same finger Gordon broke in January, an injury that forced him to miss approximately five weeks. Scott Agness of VigilantSports first reported Gordon was to undergo surgery.
New Orleans has been slammed with injuries this season, with Tyreke Evans, Quincy Pondexter and Bryce Dejean-Jones having also suffered season–ending maladies. The NBA granted a hardship exception allowing the Pelicans to add a 16th player to their roster, and New Orleans is poised to take advantage, having reached agreement with Orlando Johnson on a 10-day pact.
Gordon, who will be an unrestricted free agent this summer, averaged 15.4 points, 2.7 assists and 2.3 rebounds through 45 games. His career numbers are 16.6 points, 2.5 rebounds and 3.3 assists to accompany a shooting line of .435/.383/.814.
Suns Sign Chase Budinger
TUESDAY, 11:40am: The signing is official, the team announced.
7:41pm: The Suns will give Budinger a prorated veteran’s minimum contract that runs through the end of this season, writes Paul Coro of The Arizona Republic. The signing is expected to take place after Budinger clears waivers on Monday.
SATURDAY, 5:04pm: The Suns intend to sign Chase Budinger provided he clears waivers, Adrian Wojnarowski of The Vertical on Yahoo Sports reports (via Twitter). Phoenix has a roster count of 13 players after waiving shooting guard Sonny Weems earlier today, so no additional move is required to sign the swingman. Sean Deveney of The Sporting News and Candace Buckner of The Indianapolis Star first reported that the Suns were the front-runners to sign Budinger.
The small forward agreed to a buyout with the Pacers and officially hit waivers earlier today. Budinger, 27, appeared in 48 games for the Pacers this season prior to his release. He averaged 4.5 points, 2.5 rebounds and 1.0 assist in 15.0 minutes per night to accompany a shooting line of .419/.299/.708. The veteran shooter’s career numbers are 8.1 points, 3.1 rebounds and 1.2 assists.
Indiana was reportedly attempting to trade Budinger leading up to February’s trade deadline, but the Pacers found no takers for the remainder of his $5MM expiring contract. The Pacers acquired Budinger from the Timberwolves this past offseason when the plan was to move Paul George to power forward. While Budinger didn’t see much burn for Indiana, the Suns could benefit from his ability to stretch the floor with his outside shooting, though Budinger’s mark of 29.9% from deep on the season would be a career low if it stands.