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2012/13 Taxpaying Teams

July 10th, 2013 at 7:50am CST by Luke Adams

As teams get their books in order for the 2013/14 season, navigating the salary cap and the luxury tax threshold, Marc Stein of ESPN.com takes a look back at the league's 2012/13 finances. Stein shares the official list of teams that paid the luxury tax in 2011/12, along with the amount each club paid. The list is as follows:

  • Los Angeles Lakers: $29,259,739
  • Miami Heat: $13,346,242
  • Brooklyn Nets: $12,883,647
  • New York Knicks: $9,962,406
  • Chicago Bulls: $3,932,336
  • Boston Celtics: $1,181,640

The more punitive luxury-tax penalties introduced in the new Collective Bargaining Agreement are kicking in for the 2013/14 season, so the tax penalties for the aforementioned six teams come by way of the old system — teams are penalized $1 for every dollar they spend over the tax line. In 2012/13, that tax line was at $70,307,000, so the Celtics, for instance, spent $71,488,640 on team salary, plus the additional $1,181,640 in taxes.

Although the increasing tax rates will take effect this coming season, the additional penalties for repeat taxpayers won't be in play until the 2014/15 season. Teams in the tax for four seasons in any five-year period will be subject to that tax, so it's worth noting that the Lakers, Heat, and Celtics were all taxpayers last season as well. With L.A. and Miami projected to be well into the tax again for '13/14, both teams will have to cut costs the following season if they hope to avoid the repeater tax.

With a total of $70,566,010 in tax payments due before the end of the month, 50% of that amount will be distributed equally to non-taxpayers, as Stein writes. That means that each of the 24 clubs not listed above will receive 1/24th of $35,283,005, which works out to $1,470,125 per team.

For a more thorough breakdown of how the tax will be assessed going forward, check out our glossary entry, and if you're interested in the complete history of tax payments by NBA teams, visit ShamSports.com, where Mark Deeks has updated his spreadsheets on the subject.

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Atlantic Notes: Rondo, Raptors, Celtics

July 9th, 2013 at 10:05pm CST by Michael Pina

A few notes from around the NBA's Atlantic Division.

  • According to a tweet from Hoopsworld.com's Bill Ingram, a rumor has bubbled to the surface that the Rockets are interested in trading for Celtics point guard Rajon Rondo, but Dwight Howard has no interest in playing with the four-time All-Star. 
  • The Raptors have officially announced they will be making Nick Nurse an assistant head coach on Dwane Casey's staff, according to the Toronto Sun's Ryan Wolstat. Nurse will run the team's offense. 
  • The Celtics are in talks to sign Brazilian big man Vitor Faverani, according to TuBasket.com. The Boston Herald's Mark Murphy reported Boston's interest this morning, but made it clear an expensive buyout with Faverani's team in Brazil could sour things.
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2013 Amnesty Primer

July 9th, 2013 at 1:28pm CST by Luke Adams

Today is the last day of the July moratorium, which means NBA teams can officially resume full activity beginning tomorrow. In addition to signaling the end of the moratorium, July 10th also marks the first day that teams are eligible to amnesty players. This year's amnesty period will run from the 10th until the 16th — after that, teams that still haven't used their amnesty clause won't get another chance to do so until next July.

With amnesty week upon us, here's a refresher on how the process works, which teams still have the amnesty option available, and which players remain amnesty-eligible….

How does it work?

The amnesty provision provides a team an opportunity to clear a bad contract from its books for salary cap and luxury tax purposes. Although a team still has to pay the remainder of the amnestied player's salary, as it would for any released player, the player's salary no longer counts against the team's cap (except for minimum payroll purposes) when the amnesty clause is used. For instance, if and when the Lakers amnesty Metta World Peace, they'll still pay him his full $7,727,280 salary for 2013/14, but will remove that figure from the cap, significantly reducing the team's tax bill.

The amnesty provision can be used on any player, as long as the following rules are observed:

  • A team can only amnesty one player — not one player per season.
  • The amnesty provision can only be used on a player who signed his contract prior to July 1st, 2011. If a contract was signed, extended, or renegotiated after that date, the player cannot be amnestied.
  • A team can only use its amnesty provision on a player who was on its roster on July 1st, 2011. If a player was traded after that date, he cannot be amnestied.
  • The amnesty clause can only be used during the seven days following the July moratorium. If a team doesn't amnesty a player during that week, it won't get another chance to do so until the following July.
  • A team that has yet to use its amnesty clause can do so in any of the next three years. The 2015/16 season is the last year in which a player can be amnestied under the current CBA.

Amnestied players are placed on waivers, but the waiver rules are slightly different than usual. An under-the-cap team can still place a full waiver claim on an amnestied player, if it doesn't mind being on the hook for the rest of the player's contract. However, clubs also have the option to submit partial waiver claims, in what essentially amounts to an auction for the player's services. If no team places a full claim, the team with the highest partial claim is awarded the player. If two teams bid the same amount, the club with the worse record wins out. If neither a full or partial claim is submitted, the player becomes an unrestricted free agent.

For a few more details on the amnesty process, check out our complete explanation in the Hoops Rumors glossary.

Which teams still have the amnesty provision available?

Exactly half of the NBA's 30 teams have used the amnesty provision in the last two offseasons, leaving 15 clubs with the option of amnesty still at their disposal. These are the teams still in play, per our amnesty provision tracker:

  • Atlanta Hawks
  • Boston Celtics
  • Charlotte Bobcats
  • Chicago Bulls
  • Detroit Pistons
  • Los Angeles Lakers
  • Memphis Grizzlies
  • Miami Heat
  • Milwaukee Bucks
  • New Orleans Pelicans
  • Oklahoma City Thunder
  • Sacramento Kings
  • San Antonio Spurs
  • Toronto Raptors
  • Utah Jazz

The Pelicans no longer have any amnesty-eligible players left on their roster, and reports have suggested the Bobcats will amnesty Tyrus Thomas, while the Lakers will amnesty World Peace. That would leave just 12 teams with the amnesty option available.

Which players are still eligible to be amnestied?

While there are 35 players still eligible to be amnestied, some are likelier candidates than others. I examined a few of this summer's potential amnesty candidates back in March, but here's the complete list of players that technically remain amnesty-eligible, along with the total money left on their deals:

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FA Updates: Brewer, Teague, Hawks, Knicks, Lucas

July 9th, 2013 at 12:18pm CST by Luke Adams

With the July moratorium scheduled to be lifted tomorrow, free agent contracts can finally become official, and tomorrow should be a busy day, as teams and players formally finalize their agreements from the last nine days. However, there are still plenty of players on the market in search of a new team, or a deal with their old team. Here's the latest on a few of them:

  • Darren Wolfson of 1500 ESPN Twin Cities tweets that the Timberwolves have spoken to Corey Brewer's reps, and Jerry Zgoda of the Star Tribune hears from a source close to Brewer that the Wolves "would love him" (Twitter link).
  • The Bucks' interest in Jeff Teague is "undeniable," but it's not clear if the Hawks are ready to take back Brandon Jennings or Monta Ellis in a sign-and-trade, says ESPN.com's Marc Stein (via Twitter).
  • After passing along a handful of Knicks updates this morning, Jared Zwerling of ESPNNewYork.com provides a couple more. According to Zwerling, there's still mutual interest between the Knicks and Aaron Brooks, and the team also has some interest in Shawne Williams, though there's "nothing firm" there (Twitter links).
  • Jeff Zillgitt of USA Today reports that John Lucas III met with the Jazz in Orlando yesterday, and hears from agent Bernie Lee that Lucas will meet with another team today in his hometown of Houston. According to Bill Oram of the Salt Lake Tribune (via Twitter), four teams, including the Jazz, are interested in the free agent point guard.
  • Before he agreed to sign with the Pistons, Italian forward Gigi Datome drew interest from the Celtics, Bucks, Rockets, Suns, Spurs, and Grizzlies, tweets Vincent Ellis of the Detroit Free Press.
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Odds & Ends: Morrow, Ellis, Rivers, Collison

July 7th, 2013 at 9:20pm CST by Zachary Links

Here's tonight's look around the Association..

  • The Grizzlies, Warriors, and Bobcats are the latest teams to show interest in Anthony Morrow, tweets Alex Kennedy of HoopsWorld.  The Lakers, Spurs, Suns, Rockets, and Knicks have all reached out as well.
  • Nothing is imminent at this point between the Hawks and Monta Ellis, but the two sides are engaged in talks, Kennedy tweets.
  • Celtics co-owner Wyc Grousbeck took a shot at former coach Doc Rivers, telling Steve Bulpett of the Boston Herald that "Doc left us, period." Still, Grousbeck is confident his team can rebuild, as Bulpett observes in a separate piece.
  • Many around the league are surprised that the Clippers were able to snag Darren Collison for a starting salary of just $1.9MM, Grantland's Zach Lowe tweets.
  • The Spurs called 6'8" sharpshooter James Southerland to see if he would consider playing overseas next season if they took him with the 58th pick in last month's draft. Southerland turned down the offer and went undrafted, and is trying to prove himself with the Sixers and Warriors in summer league, as Keith Pompey of the Philadelphia Inquirer writes.
  • Josh Smith's agreement with the Pistons shatters the notion that marquee free agents won't come to Detroit, observes MLive's David Mayo, who examines how Smith fits on the team and what moves might be next for Joe Dumars and company.
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Atlantic Notes: Melo, Celtics, Rondo

July 6th, 2013 at 11:51pm CST by Spencer Lund

The Celtics are in the process of rebuilding, and never was that more evident than in the hiring of 36-year-old Butler coach Brad Stevens. Mark Murphy of the Boston Herald writes that Celtics' management was impressed with Stevens' charm. They weren't the only ones, it appears.

Gary Washburn of the Boston Globe contends that unlike other college-to-professional coaching jumps, like that of former Celtics coach Rick Pitino, Stevens is different. Celtics general manager Danny Ainge tells Washburn that he has complete confidence turning the reigns of the Celtics' future over to the fresh-faced Stevens whose only coaching experience lies in his six years as head coach at Butler, after seven previous seasons as a Butler assistant coach.

Washburn went on to add that Stevens wowed assembled media personnel during his introductory press conference on Friday displaying "confidence, humility, and passion." But the Celtics have a lot more to do as they begin to reassemble a squad that had been at the forefront of the Eastern Conference since Kevin Garnett and Ray Allen joined Paul Pierce in the summer of 2007.

Below are some more Celtics links about moves they might make involving Rajon Rondo and others, as well as other tidbits from the rest of the Atlantic Division. 

  • Nate Duncan of HoopsWorld believes now is the time for the Celtics to trade their All-Star point guard despite a contract that's considered frugal after he signed a five-year extension for $55MM in October of 2009. Rondo's also been said to be keeping an open mind after the hiring of Stevens.
  • With so much of the Celtics' future still up in the air, it's natural that Celtics' players still on the roster would be stressed. But guard Courtney Lee isn't sweating all the summer wheelings and dealings with his team this summer, writes the Boston Herald's Steve Bulpett.
  • One player who knows Brad Stevens all too well, is former Gonzaga big and Celtics rookie, Kelly Olynyk. The rookie Olynyk's 8th-ranked Gonzaga team lost to Stevens' 11th-ranked Butler squad back in January, writes ESPNBoston's Chris Forsberg.
  • Brad Stevens wasn't the only head coach without any prior NBA head coaching experience hired this summer. The recently retired Jason Kidd, and former off-guard Brian Shaw, will also be rookie NBA head coaches this coming NBA season, writes the New York Daily News' Mitch Lawrence.
  • Lawrence's fellow colleague at the Daily News, Frank Isola, writes that the recent Knicks trade for embattled Raptors power forward Andrea Bargnani provides "Il Mago" with a second chance in the NBA after coming over from Italy as the number one pick in the 2006 draft.
  • Jared Zwerling of ESPNNewYork.com notes that Carmelo Anthony and Amar'e Stoudemire will meet with Hakeem Olajuwon over the summer to train, but mentions in a tweet that Tyson Chandler won't be joining them.
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Celtics Notes: Rondo, Stevens, Assistants

July 5th, 2013 at 10:57pm CST by Chuck Myron

The major news of the evening involves the Lakers, who've lost Dwight Howard to the Rockets. That's surely pleasing to Celtics fans, who could use the boost of seeing their archrival spurned after watching Doc Rivers, Kevin Garnett and Paul Pierce depart in short order. Here's the latest on the rebuild in Boston: 

  • Reiterating a point he's been making often lately, Celtics GM Danny Ainge tells Chris Mannix of SI.com that he's "certain" Rajon Rondo will still be on the roster to start next season (Twitter link).
  • Chris Forsberg of ESPNBoston.com provides an interesting timeline on how the Celtics came to hire Brad Stevens as their new head coach.
  • Ainge says Jamie Young and Jay Larranaga will join Stevens' coaching staff, as A. Sherrod Blakely of CSNNE.com notes via Twitter.

Luke Adams contributed to this post.

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Atlantic Notes: Copeland, Knicks, Raps, Stevens

July 5th, 2013 at 10:12am CST by Luke Adams

Let's round up the latest news, notes, and rumors out of the Atlantic Division….

  • Chris Copeland's agent John Spencer isn't ruling out his client returning to the Knicks, but he expects to receive offers starting at higher than $1.75MM. As Marc Berman of the New York Post writes, after committing a portion of their mid-level to Pablo Prigioni, the Knicks only have about $1.75MM left on their MLE. Using that remaining money on a power forward like Elton Brand is more likely than a Copeland reunion, according to Berman.
  • Assuming Copeland doesn't take less to remain in New York, the Pacers, Lakers, Jazz, and Nuggets are in play for him, according to Spencer.
  • Agent Andy Miller tells Berman that his client, Sebastian Telfair, would "consider the Knicks very strongly." New York is eyeing another point guard and has also been in touch with reps for Earl Watson, Will Bynum, Aaron Brooks, and Devin Harris.
  • The second year of the Raptors' agreement with Julyan Stone won't be fully guaranteed, says Doug Smith of the Toronto Star. Smith notes within the same piece that it remains extremely unlikely Toronto uses its amnesty clause next week.
  • Celtics GM Danny Ainge had long targeted Brad Stevens as a potential replacement for Doc Rivers, as Baxter Holmes of the Boston Globe writes (subscription required). Ainge himself confirmed at this morning's press conference that Stevens was his first phone call after the Rivers transaction, tweets Sean Deveney of the Sporting News.
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Odds & Ends: Lakers, Asik, Warriors

July 4th, 2013 at 11:59pm CST by Ryan Raroque

While trying to rationalize a sign-and-trade involving the Lakers sending Dwight Howard to the Warriors from L.A.'s point of view, Kevin Pelton of ESPN.com (Insiders only) writes that Golden State could possibly sweeten their offer by adding another expiring contract to the table while agreeing to take on the rest of Steve Nash's deal in return. If in fact Dwight decides to leave, Pelton thinks that acquiring expiring contracts, future first round picks, and a young talent like Harrison Barnes would be much more preferable than seeing their star free agent walk away for nothing. 

Here are more of the rest of tonight's miscellaneous notes:

  • Although 76ers GM Sam Hinkie chose not to comment much on the team's possible interest in Omer Asik, Keith Pompey of the Philadelphia Inquirer writes that Hinkie is very familiar with the Rockets big man, as he was part of Houston's front office when they signed him to a deal last summer. 
  • ESPN's Marc Stein tweets that the most notable aspect of the D12 rumors from the Warriors' perspective is how they'll deal with Andrew Bogut if their pursuit of Howard falls through. Matt Steinmetz of CSN Bay Area (via Twitter) adds David Lee, Barnes, and Klay Thompson to the list of players that will be owed an explanation as well. 
  • A number of the Mavericks' point guard targets – including Monta Ellis, Mo Williams, Jarrett Jack, Chauncey Billups, and Jose Calderon – remain on the free agent market, and Eddie Sefko of SportsDayDFW writes that the team is working behind the scenes with multiple agents regarding potential acquisitions. In another piece, Sefko details why Howard would fit and make a much needed positive impact in Dallas. 
  • Mike Bresnahan of the Los Angeles Times goes through the potential repercussions for the four teams that miss out on signing Howard this summer.
  • John Canzano of The Oregonian endorses the under-the-radar moves Neil Olshey has completed recently for the Trail Blazers, even if they may not appeal to fans who were expecting a big splash thus far. 
  • Kevin Sherrington of SportsDayDFW says that there’s virtually no chance that Mark Cuban sells the Mavericks even if things don’t continue to go well, citing a tweet from the team owner himself. 
  • Jared Zwerling of ESPN NY recommends keeping an eye out for Reyshawn Terry and Toure Murry as players who could find themselves on an NBA team's radar soon (Twitter links). Terry, whom Zwerling thinks could be another team's 'Chris Copeland,' has reportedly played well overseas and could find himself on an NBA summer league team. Murry is currently on the Knicks' summer team and could be good enough to make a team's regular season roster. 
  • Earlier tonight, A. Sherrod Blakely of CSNNE tweeted that the Mavericks were expected to see if the Celtics are more willing to trade Rajon Rondo now with Brad Stevens as the new head coach.  However, with a report that Rondo is keeping an open mind to the hiring, it might not seem likely that Danny Ainge would be receptive to trade overtures just yet. 
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Odds & Ends: Celtics, Smith, Billups, Martin, More

July 3rd, 2013 at 8:37pm CST by Alex Lee

The news that the Celtics have landed Brad Stevens to be their next coach has shocked the NBA world.  Sean Deveney of the Sporting News points out, via Twitter, that of the twelve new head coaches hired this offseason, eight have now been first timers, adding that the Sixers will probably make it nine of thirteen. The Stevens hire has also led to some speculation that Rajon Rondo will be on his way out of Boston.  The Pistons have explored the possibility of trading for both Rondo and/or Rudy Gay, according to HoopsWorld's Alex Kennedy (via Twitter).  For what it's worth, Rudy Gay tweeted tonight that he hopes to play a full season in Toronto this year.

With the NBA offseason in full swing, let's look at some of the news churning out of the rumor mill:

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