And-Ones: Tax Bills, T. Young, Buyouts, Avdija
The Trail Blazers, Heat, and Thunder all reduced their projected end-of-season tax bills with their moves leading up to the trade deadline, while the Rockets and Warriors got out of tax territory altogether. The Timberwolves ended up sneaking slightly over the tax line as a result of the D’Angelo Russell trade, but the league-wide tax penalties for 2019/20 will be very modest overall, as ESPN’s Bobby Marks notes (via Twitter).
According to Marks’ calculations, the Trail Blazers will have the highest bill, at around $5.94MM, followed by the Heat ($2.96MM), Thunder ($2MM), and Timberwolves ($1.34MM). If those numbers don’t change between now and the end of the regular season, it would mean the league’s other 26 teams receive approximately $236K apiece in tax distribution, which would be the lowest mark in league history, according to Marks.
Here are more odds and ends from around the basketball world:
- Hawks point guard Trae Young was one of the notable omissions from the 44-player list of finalists released on Monday for Team USA’s 2020 Olympic roster. Young admitted that he would have liked to receive consideration, as Sarah K. Spencer of The Atlanta Journal-Constitution details. “I’d be lying if I said I wasn’t hurt by seeing it,” Young said. “Obviously I would have wanted to play on the team.”
- The Hawks, Knicks, and Pistons project to have more than enough cap room for a maximum-salary player this summer, with the Heat and Hornets potentially joining them, says John Hollinger of The Athletic. As Hollinger observes in his preview of the NBA’s 2020 cap outlook, there are several other teams that could create some cap room if free agents walk or players turn down options, but there won’t be much league-wide space this offseason.
- In an Insider-only article for ESPN.com, Marks and Kevin Pelton break down the buyout market, suggesting that Knicks forward Maurice Harkless would be among the most intriguing options if he reaches the open market.
- Mike Schmitz of ESPN (Insider link) makes the case that 19-year-old forward Deni Avdija, who is currently playing for Maccabi Tel Aviv in the EuroLeague, deserves to receive consideration as a possible top-three pick in the 2020 NBA draft.
Atlantic Notes: Celtics, B. Brown, Sixers, Kyrie
Celtics guard Kemba Walker, who was teammates with Marvin Williams for five seasons in Charlotte, said he spent several weeks trying to convince the veteran forward to join him in Boston when he was eventually bought out by the Hornets, according to Adam Himmelsbach of The Boston Globe. After Williams joined the rival Bucks instead, Walker called up his longtime teammate to congratulate him on his new deal.
“He said that he wished he could have gotten to Boston with me, but I’m just happy for him,” the Celtics’ All-Star point guard said, per Himmelsbach. “That’s my guy, man. That’s one of my favorite teammates I’ve ever been around. That’s my vet. I was upset that we didn’t get the chance to get him, but I’m happy for him. He deserves it. He’s been in the league for a very long time. He works hard. He deserves to be on a winning team.”
The Celtics figure to keep a close eye on the buyout market in the coming weeks, though they’ll have to waive a player from their 15-man roster if they want to bring anyone in.
Here’s more from around the Atlantic:
- Following last week’s trade deadline, Sixers general manager Elton Brand said he believes in Brett Brown‘s ability to lead the team. However, as Malika Andrews of ESPN writes, the 76ers’ GM stopped short of guaranteeing Brown would keep his job for the rest of the 2019/20 season. “I’m not going to play what-ifs,” Brand said. For what it’s worth, the team was mired in a four-game losing streak at the time of Brand’s comments and is 2-0 since then.
- Keith Pompey of The Philadelphia Inquirer explores what sort of roles newly-acquired bench pieces Alec Burks and Glenn Robinson III will play for the Sixers, suggesting that Robinson may end up with a more defined role.
- Kyrie Irving‘s right knee sprain will sideline him through the All-Star break, according to Malika Andrew (Twitter link), who says the Nets have ruled out the star point guard for Wednesday’s game vs. Toronto.
Central Notes: Oladipo, LaVine, Bulls, Pistons
Prior to the 2019/20 season, the Pacers and Victor Oladipo “very briefly” discussed the possibility of a contract extension, but decided it was best to revisit the subject later, sources tell ESPN’s Zach Lowe.
Oladipo will be extension-eligible again during the 2020/21 league year, so he and the Pacers could circle back to those discussions this summer. Still, it’d be a surprise if he agrees to a new deal before the 2021 offseason, when he could optimize his earnings as a free agent.
In a contract extension, Oladipo would be limited to a starting salary of $25.2MM. Based on the league’s latest salary cap projections for 2021/22, the Pacers guard could earn a starting salary of up to $37.2MM if he waits until free agency to sign his next contract.
Here’s more from around the Central:
- Although the Bulls have acquired a handful of promising young players in recent years, it remains to be seen whether any players on the roster will develop into true stars. Eric Woodyard of ESPN takes a closer look at whether Zach LaVine is capable of becoming that sort of player.
- Here’s what executive VP of basketball operations John Paxson had to say about the Bulls developing and evaluating their roster and seeking star-caliber players, via Woodyard: “We know what we have to get … in this business, you win with stars. Every team does. We went into a rebuild. You draft and you hope that those guys develop. We’re still trying to get to that phase of being a relevant, legitimate team. … The time after the All-Star break will be us evaluating who fits going forward, but we’ve not given up on our young guys. A lot of people make mistakes in this league. I know the balance is not hanging on too long, but it’s not giving up on guys too early.”
- Bulls forward Thaddeus Young and swingman Denzel Valentine heard that there were teams interested in them leading up to the trade deadline, as Rob Schaefer of NBC Sports Chicago details. Both players suggested they’re happy to have the deadline behind them so they can move forward and focus on pushing for a playoff spot down the stretch.
- After several years spent in the middle of the NBA pack, the Pistons‘ rebuild was a long time coming, writes Rod Beard of The Detroit News.
Cavs Notes: Drummond, Sexton, McKinnie, Bolden
Heading into the trade deadline, no Pistons player had been with the team longer than Reggie Jackson — except for Andre Drummond. So when Detroit swung a deal that sent Drummond to the Cavaliers, it made sense that Jackson would be among those most affected by the move.
“He was my best friend on the team and it’s been like that for five-and-a-half years. He acclimated me when I first got to Detroit and we built a great friendship and brotherhood,” Jackson said of Drummond, per Rod Beard of The Detroit News. “That’s my guy forever, so it was a tough day seeing he got traded to the Cavs but wishing him nothing but the best for him and his family.”
As Drummond gets acclimated to his new home in Cleveland, here are a few more Cavaliers-related notes:
- Second-year Cavs guard Collin Sexton has been added to the U.S. roster for the Rising Stars game in Chicago this weekend, the league announced today. Sexton will replace Heat guard Tyler Herro, who is nursing a right foot injury.
- Alfonzo McKinnie‘s new four-year contract with the Cavaliers includes a $1.5MM guaranteed salary for the 2019/20 season, according to Jeff Siegel of Early Bird Rights (Twitter link). That’s significantly more than the $623K McKinnie would have received had he signed a prorated minimum deal. And that’s likely a big reason why he was willing to tack on three team-friendly, non-guaranteed years at the minimum. Cleveland was able to exceed the minimum and go up to four years using the mid-level exception.
- Following the expiration of his 10-day contract with the Cavaliers, Marques Bolden rejoined the team’s G League affiliate, the Canton Charge, per JD Shaw of Hoops Rumors (Twitter link). Since Bolden just signed a single 10-day deal with Cleveland, he’d be eligible to sign a second one between now and the end of the regular season.
Kings’ Holmes Gets PRP Injection, Out At Least 2-3 More Weeks
Kings center Richaun Holmes hasn’t appeared in a game since January 6, and his return isn’t imminent. The team announced today (via Twitter) that he’ll be sidelined for at least two or three more weeks.
According to Sacramento’s announcement, Holmes received a platelet-rich plasma (PRP) injection on Monday to treat a labral tear in his right shoulder joint. He’ll resume his rehab process following that injection before progressing to “controlled basketball activities.” A re-evaluation will occur near the end of February or start of March.
Holmes, who signed with the Kings as a free agent last summer, was having a career year before injuring his shoulder, averaging 13.1 PPG, 8.5 RPG, and 1.4 BPG with a .660 FG% in 37 games (29.4 MPG). He took over as the starting center early in the season and the team had a +0.7 net rating when he was on the court, compared to -4.6 when he’s not playing.
At 21-32, the Kings are six games back of the eighth-seeded Grizzlies in the Western Conference, with the Trail Blazers, Spurs, and Pelicans also ahead of them in the standings. A late-season playoff push looks like a long shot, so if Holmes isn’t ready to return when he’s re-evaluated in two or three weeks, it may be time to start wondering whether he’ll be back at all this season.
Homes’ deal with Sacramento includes a guaranteed $5MM salary for 2020/21, so the team’s top priority will be making sure he’s 100% healthy heading into next season.
Forbes Releases 2020 NBA Franchise Valuations
The Knicks have had a miserable 12 months, finishing the 2018/19 season with a league-worst 17 wins, missing out on their top free agent targets, and then firing head coach David Fizdale and president of basketball operations Steve Mills during the 2019/20 season.
None of that seems to have had a noticeable impact on the team’s market value though. Once again, the franchise is considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen of Forbes. The Lakers and Warriors aren’t far behind, having both surpassed the $4 billion mark for the first time this year.
For the first time, all 30 NBA teams have a perceived worth of $1.3 billion or more, per Forbes’ annual report. Every team’s value increased by at least 6% since Forbes put out their 2019 valuations last February, with a handful of franchises jumping by 20% or more.
The NBA-wide average of $2.12 billion per team in 2020 is also a new record — that league-wide average surpassed the $2 billion mark for the first time. NBA franchise values are up almost sixfold over the last decade, according to Badenhausen.
Here’s the full list of NBA franchise valuations, per Forbes:
- New York Knicks: $4.6 billion
- Los Angeles Lakers: $4.4 billion
- Golden State Warriors: $4.3 billion
- Chicago Bulls: $3.2 billion
- Boston Celtics: $3.1 billion
- Los Angeles Clippers: $2.6 billion
- Brooklyn Nets: $2.5 billion
- Houston Rockets: $2.475 billion
- Dallas Mavericks: $2.4 billion
- Toronto Raptors: $2.1 billion
- Philadelphia 76ers: $2 billion
- Miami Heat: $1.95 billion
- Portland Trail Blazers: $1.85 billion
- San Antonio Spurs: $1.8 billion
- Sacramento Kings: $1.775 billion
- Washington Wizards: $1.75 billion
- Phoenix Suns: $1.625 billion
- Denver Nuggets: $1.6 billion
- Milwaukee Bucks: $1.58 billion
- Oklahoma City Thunder: $1.575 billion
- Utah Jazz: $1.55 billion
- Indiana Pacers: $1.525 billion
- Atlanta Hawks: $1.52 billion
- Cleveland Cavaliers: $1.51 billion
- Charlotte Hornets: $1.5 billion
- Detroit Pistons: $1.45 billion
- Orlando Magic: $1.43 billion
- Minnesota Timberwolves: $1.375 billion
- New Orleans Pelicans: $1.35 billion
- Memphis Grizzlies: $1.3 billion
The Raptors are among this year’s big “winners,” with their value rising 25%, from $1.675 billion a year ago to $2.1 billion this year following their first NBA championship. The Clippers also had a noteworthy bump, moving from ninth place on Forbes’ list to sixth after landing Kawhi Leonard and Paul George last summer.
Although every franchise’s value increased, the Nets had the smallest jump, just 6%. The Magic‘s modest 8% increase resulted in the team slipping from 23rd on last year’s list to 27th this year.
It’s worth noting that when a franchise has been sold in recent years, the price often exceeds Forbes’ valuation, so these figures are just estimates.
L.A. Notes: LeBron, Johnson, Clippers, Morris
LeBron James‘ name was one of 44 included on USA Basketball’s preliminary list of finalists for the program’s 2020 Olympic roster on Monday. Many of the players on that list won’t get the opportunity to suit up for Team USA in Tokyo, but it’s safe to say that one of the final 12 roster spots will be reserved for James — if he wants it. For now, he’s not ready to fully commit, as Tania Ganguli of The Los Angeles Times relays.
“It’s always predicated on: one, my body, how my body is feeling at the end of the season — I hope to make a long playoff run,” James said. “And then where my mind is and then where my family’s head is. So it’s a lot of factors, but my name is in the hat.”
It was no surprise that James and Anthony Davis were among the 44 names on Team USA’s list on Monday. Kyle Kuzma‘s inclusion wasn’t a shock either, since he participated in the program’s World Cup camp last fall. Two more Lakers were also on the list — JaVale McGee and former Team USA center Dwight Howard.
“Spectacular,” James said of the Lakers having five players on the list. “It’s amazing. We’re very well represented with the Lake Show representing the red, white and blue. So it’s a pretty cool thing.”
Here’s more on the Lakers and their L.A. rivals, the Clippers:
- After being waived by Phoenix on Monday, Tyler Johnson is on track to clear waivers on Wednesday. Chris Mannix of SI.com writes that both the Lakers and Clippers are “expected to check in” on the veteran guard.
- Kyle Goon of The Orange County Register examines the Lakers‘ options on the buyout market, suggesting that injured big man DeMarcus Cousins may not be the player released if the team needs a roster spot, since he’s close to Anthony Davis and others on the roster.
- Speaking of Davis, he told reporters on Monday that he’s confident the Lakers have a championship-caliber roster even after standing pat at the trade deadline (video link via ESPN).
- The Clippers were active at the deadline, acquiring Marcus Morris from New York in a three-team trade. Jovan Buha of The Athletic spoke to the new Clippers forward about joining a title contender, the team’s 2019 free agent pitch to him, and his fit. “You can put me anywhere,” Morris said. “I can space out really well, give guys space, score it any way. I’m just ready to do what it takes for the team to win. I’m excited to get started, but you’re going to see how well I fit. … I think it’s going to be very beneficial for both sides.”
2020 NBA Buyout Market Watch
The 2020 NBA trade deadline is behind us, but that doesn’t mean teams are finished making roster moves. With two months left in the 2019/20 regular season, there are still a number of roster spots to be filled around the NBA, as well as veterans who might not finish the year with their current teams.
For the rest of February, the NBA’s buyout market figures to be active. A veteran in an undesirable situation due to his playing time or his team’s place in the standings (or both) could ask to be released and may even be willing to give back a little money to accommodate the move. Some teams might make that decision unilaterally, opting to release a veteran to open up a roster spot for a younger player.
Over the rest of the month, we’ll use the space below to monitor the buyout market, keeping tabs on which veteran players have been bought out or released, and which have found new teams. We’ll also keep an eye on players who are potential buyout candidates. The list will be updated daily.
A player on an NBA contract must be waived by the end of the day on March 1 in order to retain his playoff eligibility, so that will be a key date to watch.
Here’s our breakdown of the 2020 NBA buyout market:
Last updated 3-3-20 (7:27am CT)
Veterans who have been bought out or released this season and are free agents:
- Ryan Anderson, F/C
- Trey Burke, G
- Allen Crabbe, G/F
- Troy Daniels, G
- Tim Frazier, G
- Tyler Johnson, G
- Jordan McRae, G *
- Nene, C
- Iman Shumpert, G/F
- Isaiah Thomas, G
- Dion Waiters, G
* Players in italics are still on waivers.
C.J. Miles, Chandler Parsons, Gerald Green, and DeMarcus Cousins have also been released. However, they have major injuries and may not return this season, so they don’t look like viable candidates to be signed by a new team.
Veterans who have been bought out or released and joined new teams:
- Michael Kidd-Gilchrist, F: Bought out by Hornets; Signed with Mavericks.
- Marvin Williams, F: Bought out by Hornets; signed with Bucks.
- DeMarre Carroll, F: Bought out by Spurs; Signed with Rockets.
- Jeff Green, F: Released by Jazz; Signed with Rockets.
- Reggie Jackson, G: Bought out by Pistons; Signed with Clippers.
- Markieff Morris, F: Bought out by Pistons; Signed with Lakers.
- Anthony Tolliver, F: Bought out by Kings; Signed 10-day deal with Grizzlies.
Other veterans who were candidates to be bought out or released, but ultimately stayed put:
- Kyle O’Quinn, C (76ers)
- Denzel Valentine, G/F (Bulls)
- Matthew Dellavedova, G (Cavaliers)
- Tristan Thompson, C (Cavaliers)
- Solomon Hill, F (Heat)
- Bismack Biyombo, C (Hornets)
- John Henson, C (Pistons)
- Brandon Knight, G (Pistons)
- Marco Belinelli, G (Spurs)
- Evan Turner, G/F (Timberwolves)
Some of the players in this group are likelier buyout candidates than others. We’ll keep updating this list based on reports and rumors in the coming days and weeks.
Photo courtesy of USA Today Sports Images.
Latest On Joel Embiid, Sixers
Things have felt a little off in Philadelphia this season. Widely considered a top-two team in the Eastern Conference entering the season, the fifth-seeded Sixers have fallen short of those expectations so far and have struggled to smoothly incorporate major offseason signee Al Horford.
Franchise center Joel Embiid hasn’t been immune to the ups and downs of the 76ers’ season, having spoken last week about wanting to “get back to the fun Joel.” On Sunday, when Philadelphia hosted the Bulls, Embiid heard some boos from fans during pre-game intros and later appeared to shush the home crowd and say “Shut the f–k up” after hitting a dagger three in the fourth quarter (video link via Michael Lee of The Athletic).
Embiid, who claimed after the game that his comment was aimed at himself and not Philadelphia fans, said he didn’t care how it looked, adding that he wants to get back to being a “good a–hole.” On Monday, he posted an Instagram photo of that shushing moment, accompanied by the caption, “You either die a hero or live long enough to see yourself become the villain.”
Not content to leave it at that, Embiid later exchanged comments with Heat swingman Jimmy Butler, who replied to his former teammate’s Instagram post with the message, “I know a place where villains are welcome,” an apparent reference to Miami. Embiid’s response? “Damn right my brother.” (hat tip to Bleacher Report).
It’s premature to read too much into Embiid’s on-court actions on Sunday and his social media posts after the game. Considering the way the 76ers’ season has played out, the big man was probably just letting out some frustration and then engaging in some light trolling. He published a tweet later on Monday night reasserting his commitment to Philadelphia.
Still, given the ongoing drama, this is a situation worth keeping an eye on. When the Sixers were eliminated in the second round of the playoffs last spring, head coach Brett Brown‘s job security seemed tenuous, and if the team doesn’t advance even further in this year’s postseason, changes of some kind are probably coming.
A head coaching change and/or secondary roster moves are much more likely than anything drastic involving Embiid or Ben Simmons, but teams around the NBA are monitoring the situation. ESPN’s Brian Windhorst said on his podcast this week (hat tip to RealGM) that rival executives have started to openly wonder whether the Sixers would consider moving Embiid. As Windhorst acknowledged, that’s an extremely unlikely scenario, but it’s notable that execs don’t believe it’s an impossibility.
“My point is people are talking about that,” Windhorst said, per RealGM. “I don’t think they would do that without making an adjustment to the head coach. It’s such a radical thing. But the fact that we’re in mid-February and the people who work in the league, who have to prepare in advance, are mulling over Joel Embiid potentially coming to market, whether that’s true or not… I mean, (Sixers owner) Josh Harris can come on this podcast and deny it if he wants, but the fact people are talking about it, is not good. It’s a symptom of where they are.”
Lacob Talks Wiggins Trade, Tax, Warriors’ Outlook
In the days and weeks leading up to last week’s trade deadline, there was some skepticism that the Warriors would actually trade D’Angelo Russell. Even though the point guard didn’t necessarily look like a long-term fit in Golden State, it seemed likely that the club would want to wait at least until the offseason to fully weigh the trade market for Russell. That would have given him a chance to play alongside Stephen Curry, who is aiming to return from his hand injury in March.
However, the Warriors decided to act sooner rather than later, sending Russell to the Timberwolves for a package that included Andrew Wiggins, a first-round pick, and an opportunity to get out of luxury-tax territory this season. Speaking to Tim Kawakami of The Athletic about the deal, Warriors owner Joe Lacob suggested the club didn’t think it could’ve done better if it waited until the summer.
“We got what we wanted,” Lacob said. “I think if I would’ve bet before the trade deadline, I probably would’ve said we would’ve re-evaluated in the summer, gone through the whole year. But we were fortunate. We got what we wanted, and we did it.”
Lacob offered up a few more interesting comments about the trade and the Warriors’ plans going forward. If you have an Athletic subscription, the conversation is worth checking out in full, but here are some of the highlights:
On the deal being a win/win for the Warriors and Timberwolves:
“Anybody who can’t see that this is a great deal for us, I don’t know what they’re thinking. You can sit and talk about what his salary is, but (Wiggins) had the same salary as D-Lo. They’re both good players. They’re different players. You can question whether this is a better fit; we think it is, as much as I liked D-Lo. He’s a really good player. And I think it’s good for him, too. So it’s a fair, good thing for both teams.”
On why the Warriors wanted to get below the tax line this season:
“Here’s the deal: When you are competing for a championship, I’ve always said we’re going to pay the tax. … But when you’re not winning this year and you’ve got … as good as those players were for us, they’re (expiring contracts after this season), it just didn’t make sense. So I think getting out of the tax so we could get out of the repeater (tax) next year … it’s not about the money. It’s more about the opportunity this summer to flush out our roster that’s the best possible roster for next year.”
On whether the Warriors will be willing to use their mid-level exception and $17MM+ trade exception in the summer, increasing payroll well beyond the tax threshold:
“Yes, I’m talking about mid-level exception, I’m talking about trade exception, any of the possibilities. Doesn’t mean we will, doesn’t mean we’ll be able to, but we have the opportunity, we have the chance to do that now.
“… It’s going to be the highest payroll we’ve ever had next year. We know that. The question is how high. If there’s a trade-exception (deal) that we really want, that’s worth it, let’s consider it. Mid-level exception? Very likely to use. The first pick in the draft, if we were to get that? With luxury tax, (that contract would be) huge.
“Really, the emphasis is on next year. The next two years, our window — Steph’s last two years under contract, before we hopefully bring him back again — we need to field the best possible team we can. That was the emphasis.”