Pelicans Opt In With Davis, To Decline Rivers

The Pelicans have exercised their fourth year team option for Anthony Davis, the team has announced. However, the team will not exercise its third-year option for guard Austin Rivers, Jimmy Smith of The Times-Picayune reports (Twitter links). According to Smith, the team likes Rivers as a player, but the Pelicans are declining the option because of potential salary cap implications down the line.

Davis’ salary for 2015/16 is set to be $7,070,730, and that increases New Orleans’ salary commitments to $36.9MM for that season, though that figure doesn’t include Eric Gordon‘s $15.5MM player option. Rivers’ salary would have added another $3,110,796 to the team’s cap figure. Since the team has declined his option, Rivers will now become an unrestricted free agent next summer.

The 6’10” Davis was selected with the No. 1 overall pick in the 2012 NBA Draft, and has quickly grown into one of the league’s top big men. It looks like he’s not content to stop there, and after a stellar showing in the FIBA World Cup this summer, he’s poised to take the next step towards becoming a superstar. Davis’ career numbers are 17.3 PPG, 9.1 RPG, and 2.3 BPG. His career slash line is .518/.133/.777.

Rivers came into the league after one season at Duke, where he didn’t quite measure up to the recruiting-trail hype. The 6’4″ guard hasn’t lived up to having been 2012’s 10th overall selection during his two seasons in the league. His career numbers are 7.0 PPG, 1.8 RPG, and 2.2 APG, and his career shooting numbers are .390/.346/.601.

Lakers To Apply For Disabled Player Exception

The Lakers intend to apply to the league office for a  disabled player exception for injured guard Steve Nash, Bill Oram of The Orange County Register reports (Twitter link). If granted, the exception would be worth nearly $4.851MM, or half of his $9.701MM salary for this season.

It was announced yesterday that Nash would miss the entire 2014/15 season due to recurring nerve damage in his back. The Lakers could waive Nash and apply for a salary exclusion if it is determined that he suffered a career-ending injury. The catch is that they would have to wait to apply for that until the one-year anniversary of his last game played, which was on April 8th of last season. The issue with going this route is that it would only give the league a little less than a week before the regular season ended to grant the exclusion. If it was granted it would erase Nash’s salary from the team’s cap, but Los Angeles would still be on the hook for his salary.

It’s unclear if the Lakers intend to use the exception, if granted, to sign a player immediately, or rather to keep it in reserve for a move later on in the season. There aren’t many free agents of consequence who come available midseason. The DPE could also be utilized for salary-matching purposes in a trade, and that route would likely net the team a better player, though the Lakers don’t have much in the way of tradeable assets they would be willing to part with. Plus, they’d only be able to acquire a player who’s on an expiring contract and whose salary is no more than $100K greater than the value of the exception.

Pelicans Waive Kevin Jones, D.J. Stephens

The Pelicans have officially waived Kevin Jones and D.J. Stephens, the team announced. Both players were in camp on non-guaranteed deals so New Orleans won’t be on the hook for any cash if and when Jones and Stephens clear waivers. These moves reduce the Pelicans’ preseason roster count to 15, so the team wouldn’t be required to make any other moves prior to tomorrow’s deadline. New Orleans still has 12 fully guaranteed and three partially guaranteed deals on the books.

The 25-year-old Jones used a strong summer showing to earn an invite to the Pelicans training camp. He averaged 10.0 RPG for the Pacers summer squad, which was tops in the Orlando summer league. He saw fewer minutes  with the D-League Select Team in the Las Vegas summer league, and his rebounding production was cut in half, to 5.0 RPG. Jones averaged 3.0 PPG and 2.4 RPG in 10.4 minutes per game across 32 appearances for the Cavs in 2012/13, and he split this past season between Cleveland’s D-League affiliate and playing in the Philippines.

Stephens appeared in three contests for the Bucks while on a 10-day contract last spring, logging totals of seven points and five rebounds in 15 minutes of action. He saw more playing time overseas last season, averaging 8.4 PPG and 7.0 RPG in 23.8 minutes a night over 25 combined games with Ilisiakos BC of Greece and Anadolu Efes of Turkey.

Sixers, Nets Close To Marquis Teague Trade

FRIDAY, 8:23am: The teams are close to finalizing the trade, according to Stefan Bondy of the New York Daily News. A future second-round pick would accompany Teague to Philadelphia, Bondy adds, though he doesn’t specify whether another second-round pick would go back to the Nets.

THURSDAY, 6:53pm: Teague landing in Philadelphia is “most likely” to happen, tweets Mike Mazzeo of ESPNNewYork.com.

5:14pm: No cash will be changing hands, a source tells Robert Windrem of Nets Daily, who adds that the Sixers will likely send a future second-round pick Brooklyn’s way (Twitter links).

4:29pm: The Sixers are in discussions to acquire Marquis Teague from the Nets, Adrian Wojnarowski of Yahoo! Sports is reporting. The Nets wouldn’t receive anything of significance in return for the third-year guard out of Kentucky, notes Wojnarowski. Teague is set to make $1,120,920 this coming season, and his deal includes a team option for 2015/16 that would pay Teague $2,023,261.

Teague was the No. 29 overall pick in the 2012 draft, and spent parts of two seasons with the Bulls before being dealt to the Nets last season for Tornike Shengelia. Teague’s career numbers over 88 career appearances are 2.3 PPG, 1.0 RPG, and 1.4 APG. His career slash line is .349/.220/.686.

The 6’2″ point guard has seen limited action in the preseason and doesn’t figure to see much playing time behind Deron Williams and Jarrett Jack in Brooklyn’s rotation. If the Nets only take back a draft pick in return this deal would get their preseason roster count down to 15. The Sixers still have a number of decisions to make with their roster currently sitting at 20. If they didn’t send a player Brooklyn’s way in the trade, then someone would need to be waived prior to the trade being finalized.

And-Ones: Thunder, Raptors, D-League

Although the Thunder have sustained a rash of injuries, the team will only keep 14 players on the roster, writes Anthony Slater of The Oklahoman. Slater also notes that Michael JenkinsRichard SolomonTalib Zanna and Lance Thomas have all played vital roles in the preseason, yet it is unlikely any of them force the team to consider filling their 15th and final regular season roster spot before opening night.

Here’s more from around the league:

  • The Raptors still have 17 players on their preseason roster, and haven’t decided on who will make the final cut. Head coach Dwayne Casey said the final roster decisions would come down to the wire, Jay Satur of NBA.com reports.
  • The Wizards signing of Paul Pierce was a short-term fix with the franchise hoping that Otto Porter can develop into a valuable contributor in the coming season, Alex Kennedy of Basketball Insiders writes. With the injury to Bradley Beal, and with Trevor Ariza departing as a free agent to Houston, Porter may be called upon to log heavy minutes early in the season.
  • Pistons coach Stan Van Gundy is against maximum individual salaries for NBA players, writes David Mayo of MLive. “If it were more of a free-market system, I think things would change,” Van Gundy said. “I think you’d see greater parity in the league — especially having the (salary) cap and no individual max.”
  • Teams are finding ways to get around the D-League’s individual maximum salary restrictions to entice players to sign with their affiliates, writes Amin Elhassan of ESPN.com (Insider subscription required). This preseason, many NBA teams have signed players to their active roster only to release or waive the player shortly thereafter. By doing this, the team obtains the player’s D-League rights and the player can sign a partially guaranteed contract that trumps the D-League maximum salary which is slightly less than $26K per year. Elhassan points out this loophole would motivate fringe NBA talent to play in the D-League rather than take international offers.
  • Jason Jones of The Sacramento Bee (Twitter links) disputes the notion that the Kings had interest in Jordan Crawford prior to him heading over to China to play. The two sides never had serious discussions, and if Sacramento was interested in signing a veteran shooting guard they would have preferred MarShon Brooks, who played well for them in Summer League, Jones notes.

Chris Crouse contributed to this post.

Western Notes: Blazers, Covington, Jackson

Thunder GM Sam Presti said the team wants Reggie Jackson to remain a piece of the franchise’s puzzle, Cliff Brunt of The Associated Press writes. “I think we’ve been really clear about his importance to the team, that we see him as a core member of the team, as a core member of the organization,” Presti said. “We’re going to put our best put forward, and I believe he will as well. We’ll see if we can figure something out.” If he and the Thunder don’t sign an extension by the end of next week, Jackson can become a restricted free agent next summer and could command big money on the open market. It remains to be seen if Oklahoma City would match any offer sheets that Jackson inks with other teams. The Thunder’s cap commitment for the 2015/16 campaign is already approximately $63.6MM.

Here’s more from out west:

  • The Rockets still haven’t waived Robert Covington, despite the player not being with the team for the last two weeks, tweets Jonathan Feigen of The Houston Chronicle. Covington is currently weighing some guaranteed offers to play in Europe, Feigen notes.
  • The remaining players on the Grizzlies‘ preseason roster all fit the team’s system rather well, Ronald Tillery of The Commercial Appeal writes in a subscription-only piece. This includes Patrick Christopher and Kalin Lucas, the team’s lone remaining players in camp whose deals aren’t fully guaranteed, notes Tillery. Both players are likely headed to the team’s D-League affiliate, the Iowa Energy, according to Tillery.
  • The Blazers still have decisions to make regarding their 2015/16 team options for C.J. McCollum, Thomas Robinson, and Meyers Leonard. Portland has until the October 31st deadline to exercise those options or the trio will become unrestricted free agents next summer. Joe Freeman of The Oregonian examines what the Blazers might do regarding each player’s contract.
  • Donald Sterling’s lawyers have begun talks with the NBA about dismissing Sterling’s federal antitrust lawsuit against the league, as Sterling attorney Maxwell Blecher revealed in a declaration filed in U.S. District Court today, reports Nathan Fenno of The Los Angeles Times. The former Clippers owner has sought more than $1 billion in damages in the suit, which became the primary thrust of his legal efforts against the league when he recently withdrew a different suit in Los Angeles Superior Court against the NBA, his wife and Adam Silver.

Chuck Myron contributed to this post.

Eastern Notes: Heat, Hawks, Knight, Ware

The Heat front office wasn’t deflated when they learned that LeBron James and his talents were returning to the Cavs, Jeff Zillgitt of USA Today writes. Miami’s brass looked at the departure as a new opportunity and a fresh chapter, notes Zillgitt. The team wasn’t interested in a long rebuilding process, and Zillgitt points to the team bringing back Dwyane Wade and Chris Bosh, as well as signing Josh McRoberts and Luol Deng as proof that the team still intends to be contenders in the Eastern Conference.

Here’s more from the east:

  • The Hawks have hired Goldman Sachs and Inner Circle Sports to help facilitate the sale of the franchise, Chris Vivlamore of The Atlanta Journal-Constitution reports (Twitter link).
  • With 16 players remaining on their preseason roster the Celtics have at least one more personnel move to make prior to the regular season commencing. A. Sherrod Blakely of CSNNE.com hands out his preseason grades for the players and notes where each currently fits in Boston’s plans.
  • New Bucks team owners Wes Edens and Marc Lasry face their first major franchise decision, Gery Woelfel of The Journal Times writes. The two have to decide the contract future of Brandon Knight, whom they have until October 31st to work out an extension with or else he is eligible to become a restricted free agent next summer, notes Woelfel. Knight’s numbers and age compare favorably with Eric Bledsoe‘s, but many around the league feel that the Suns overpaid when the re-signed Bledsoe to a five year, $70MM deal, so Knight may be hard pressed to duplicate Bledsoe’s near $14MM per season average, the Journal Times scribe relays.
  • The Sixers still have 20 players on their preseason roster and a number of decisions to make before Saturday’s deadline to waive players so that they’re off the team by the time opening-night rosters are set on Monday. Casper Ware is in camp on a non-guaranteed deal, but has a very real shot to stick with the team, Dei Lynam of CSNPhilly.com writes. “I feel good about it,” Ware said. “I don’t know what they have planned, I just control what I can control and play hard.”

Wolves Notes: Cunningham, Taylor, Chairman

The domestic assault charges against Dante Cunningham were dropped more than two months ago, but he tells Jon Krawczynski of The Associated Press that his client hasn’t received so much as a minimum-salary offer from an NBA team. Agent Joel Bell estimates that Cunningham would have otherwise received a deal with annual salaries of more than $4MM, and said he heard as recently as Monday from a team that said the public relations hit it would take from signing him would be too much to bear, as Krawczynski writes. A report from two months ago indicated Cunningham and the Timberwolves were in talks, but he remains unsigned.

Here’s more from Minnesota:

  • Execs from a pair of teams tell Krawczynski for the same piece that the stigma that remains from those charges wouldn’t by itself prevent their clubs from signing him, but they acknowledged it would be a factor.
  • At this point it’s about justice and it’s about clearing my name,” the 27-year-old forward told Krawczynski. “Clearly this adds a terrible stigma to my name. … Now when anyone looks up Dante Cunningham, oh, wasn’t he the one that was in trouble? There’s nothing out there saying there was a false charge.”
  • The NBA Board of Governors elected Timberwolves owner Glen Taylor as the chairman of the board, Jon Krawczynski of The Associated Press reports (Twitter link). Taylor previously served in this position from 2008 to 2012, and also held the position on an interim basis since April of this year.

Chuck Myron contributed to this post.

Spurs Waive Bryce Cotton, Josh Davis

1:09pm: Both players have officially been waived, the team announced.

12:57pm: The Spurs intend to waive Josh Davis and Bryce Cotton, Mike Monroe of The San Antonio Express-News reports (Twitter link). Both players’ deals carry partial guarantees, with Cotton set to receive $50K, and Davis due $20K if they are not claimed on waivers. These moves will reduce San Antonio’s preseason roster count to 16, with JaMychal Green and his partially guaranteed deal being the lone one on the Spurs’ books that isn’t fully guaranteed.

The 23-year-old Davis played for three colleges, first for North Carolina State as a freshman, where he averaged 2.6 PPG and 1.7 RPG in 10.4 minutes a night. During his sophomore and junior seasons at Tulane, Davis averaged 17.6 PPG and 10.7 RPG. For his senior campaign with the San Diego State Aztecs, his numbers were 7.7 PPG and 10.1 RPG. His slash line for this past season was .455/.000/.472.

Cotton went undrafted out of Providence where he notched 21.8 points, 5.8 assists and 2.4 turnovers per game during his senior season with the Friars. Several teams offered to draft him if he agreed to play overseas next season, but he rejected those offers for a shot at the NBA. The NBA D-League is a possibility for both players, as teams can retain the D-League rights for up to four players that they waive.

Jazz Waive Dahntay Jones, Jack Cooley

10:37pm: Both players have indeed been waived, the team has officially announced.

4:41pm: The Jazz have waived Dahntay Jones and Jack Cooley, Eric Pincus of Basketball Insiders reports (Twitter link). The team has yet to make an official announcement, but these moves would reduce Utah’s preseason roster count to 15 players, which is the regular season maximum. Jones was in camp on a non-guaranteed minimum salary deal, but Cooley’s arrangement came with a partial guarantee for $65K, so he won’t walk away empty-handed. Cooley is likely headed to the NBA D-League, notes Pincus.

The 6’9″ Cooley went undrafted following his senior year at Notre Dame in 2013, but performed well in summer league action that year. Still, he didn’t catch on with an NBA team for camp or the regular season. Instead, the big man headed overseas, averaging 12.6 points and 6.9 rebounds in 22.9 minutes per game in Turkey.

Jones spent last season out of the NBA, which was the first time he went without a deal in the league since he went 20th overall in the 2003 draft. Jones’ numbers in 589 career games are 5.6 PPG, 1.8 RPG, and 0.9 APG. His career slash line is .441/.334/.751. Jones doesn’t seem like a candidate for the D-League, but he probably hopes to catch on with another team prior to the regular season. He could also try sign with a team on a 10-day contract later in the season.