Nets Sign DeAndre Jordan
JULY 6, 10:51pm: The signing is official, tweets Stefan Bondy of The New York Daily News.
JUNE 30, 8:57pm: In an unexpected turn of events, Wojnarowski reports (via Twitter) that Jordan will sign a four-year, $40MM deal with the Nets. It’ll be fully guaranteed, with no options, tweets Michael Scotto of The Athletic.
Brooklyn doesn’t have the cap room necessary to complete such a deal while also signing Durant and Irving to max deals, but according to Woj and Ramona Shelburne (via Twitter), KD and Kyrie have agreed to accept less than their respective maxes in order to accommodate Jordan’s deal.
As Bobby Marks of ESPN.com notes (via Twitter), the Nets could potentially include unlikely incentives in Durant’s and KD’s contracts to help create extra cap room while still giving them a shot to earn up to their maxes.
JUNE 30, 4:05pm: In addition to Kevin Durant and Kyrie Irving, the Nets have also agreed to a deal with free agent center DeAndre Jordan, according to ESPN’s Adrian Wojnarowski (Twitter link).
While Jordan is hardly the biggest free agent to commit to Brooklyn today, he’s a coup for a club that didn’t have much cap flexibility after agreeing to sign Durant and Irving.
The Nets also reportedly agreed to terms with Garrett Temple on a deal that looks like it’s worth the room exception. As such, Jordan could end up being a minimum-salary signing, unless Brooklyn is able to create additional cap room by trading or waiving another player.
Jordan, who will turn 30 in July, averaged 11.0 PPG, 13.1 RPG, and 1.1 BPG in 69 total games for the Mavericks and Knicks in 2018/19. He was sent from Dallas to New York in the deadline deal that saw Kristaps Porzingis land with the Mavs.
Rather than buying out Jordan, the Knicks hung onto him, thinking that his presence might help lure his good friend Durant to New York. While the thinking was right, it’s New York’s other team that will deliver on that idea, as the duo is set to join the Nets.
Photo courtesy of USA Today Sports Images. Luke Adams contributed to this post.
Latest On Kevin Durant
The Knicks were not prepared to present Kevin Durant will a full-max contract offer, Ramona Shelburne of ESPN.com hears (Twitter link). Owner Jim Dolan had concerns about Durant’s Achilles injury.
New York now has Julius Randle locked in on a three-year deal. The Knicks were long rumored to be the favorite for Durant’s services, though rumblings began to surface during the postseason that the Nets were contenders. Durant will take his talents to the other side of the Williamsburg Bridge.
[RELATED: Kevin Durant To Sign With Nets]
Durant and his business manager Rich Kleiman met with the Warriors GM Bob Myers today and delivered his decision to leave Golden State, Adrian Wojnarowski of ESPN.com relays via Twitter. The remainder of the contenders were informed later on in the day and Woj adds that the teams feel Durant handled the process well.
Durant’s deal with the Nets could end up being a sign-and-trade, Chris Haynes of Yahoo! Sports reports (Twitter link).
There’s no word on whether the Warriors would want a player back or simply to open up a $30MM trade exception (as CBA rules state the amount would be his previous salary). Golden State could then absorb a player in a trade without having to worry about matching salary. Such an arrangement would likely involve the Warriors including an asset, as the Nets could easily carve out the required cap room to sign Durant outright.
Free Agent Notes: Harris, Leonard, Portis
Tobias Harris is meeting with the Sixers to begin free agency, The Athletic’s David Aldridge tweets. Harris is seeking a full, five-year max deal.
Jimmy Butler is in Miami to begin his free agency tour and is expected to tell the Heat that he wants to sign with them. The Sixers will likely get a chance to speak with Butler before he signs elsewhere, as Miami doesn’t have the cap space necessary to offer Butler a max contract.
Here’s more from the start of free agency:
- Magic Johnson said he has spoken to Kawhi Leonard and Dennis Robertson (Leonard’s uncle) after Leonard’s camp contacted him, Brad Turner of the Los Angeles Times relays (Twitter link). No meeting between the parties has been set up yet.
- Bobby Portis and Jabari Parker are both operating as if they will not be back with the Wizards, Chase Hughes of NBC Sports reports on Twitter. Both players were brought to Washington in the mid-season deal that sent Otto Porter Jr. to Chicago.
- Julius Randle is on the Knicks‘ radar, a source tells Marc Berman of the New York Post (Twitter link). New York missed out on Kevin Durant, watching him sign with the Nets.
- The Knicks are meeting with Reggie Bullock tonight, Aldridge tweets. Bullock is ready to commit to a “strong offer,” Aldridge adds. The Lakers would like to keep him, though New York will be among the teams which will have a chance to steal him away from Los Angeles.
Nets, Kyrie Irving Agree To Four-Year Deal
JUNE 30: The Nets and Irving have agreed to a four-year, $140,790,600 deal, tweets Shams Charania of The Athletic. According to Charania, it includes a fourth-year player option.
[UPDATE: Irving will accept less than the max to accommodate a $40MM deal for DeAndre Jordan]
JUNE 29: The Nets and free agent point guard Kyrie Irving are set to meet in New York on Sunday, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that the two sides are motivated to quickly agree to terms on a four-year, maximum-salary contract worth a projected $141MM.
Once Irving commits to the Nets, the team is expected to renounce restricted free agent D’Angelo Russell, allowing him to become unrestricted, league sources tell Wojnarowski (Twitter link). However, Brooklyn is also willing to work with Russell and his reps to help him get to the destination of his choice, and may not renounce his rights if there’s a sign-and-trade deal that appeals to the Nets, Woj adds (via Twitter).
[RELATED: Lakers reach out to Russell]
Whether or not Russell’s cap hold remains on their books, the Nets will have the room necessary to sign Irving outright. Renouncing Russell – or trading him without taking back any salary – would give the club the room to sign another max-level player to join Kyrie.
It has been a roller coaster year for Irving, who said during a preseason team event with the Celtics that he intended to re-sign with Boston at season’s end. A frustrating season with the C’s made him re-think that stance, and rumors in recent months suggested that he might be eyeing a move to the Knicks. However, within the last month, multiple reports indicated that it was New York’s other team, the Nets, that Irving was focused on joining.
Irving will be moving from one Atlantic playoff team to another after earning All-NBA Second Team honors with the Celtics this past season. He averaged 23.8 PPG and a career-high 6.9 APG and 5.0 RPG with impressive efficiency numbers (.487/.401/.873 shooting). However, locker-room and chemistry issues, as well as a disappointing second-round exit in the postseason, soured his second and final year in Boston.
The Celtics have already lined up a replacement for Irving, as All-NBA Third Team guard Kemba Walker reportedly plans to agree to terms on a four-year, maximum-salary deal with Boston once free agency officially begins on Sunday.
As Boston swaps one All-NBA point guard for another, the Nets will do the same with a pair of All-Star point guards, replacing Russell with Irving. While Russell had an impressive breakout season in Brooklyn in 2018/19, the Nets’ willingness to invest big money in Irving reflects the team’s belief that the former Cavalier and Celtic is the more dynamic play-maker and scorer.
Once they secure a commitment from Irving, the Nets are expected to pursue his good friend Kevin Durant. They’d need to make at least one more roster move to open up the room necessary to land Durant, since his maximum salary projects to be about $5.5MM higher than Kyrie’s due to his 10+ years of NBA experience.
If the Nets can’t land Durant, they’ll have plenty of other options on the free agent market. Tobias Harris is one name that has been frequently linked to Brooklyn.
Photo courtesy of USA Today Sports Images.
Kevin Durant To Sign With Nets
5:08pm: Durant has made it official by announcing via Instagram that he’ll sign with the Nets.
3:55pm: Free agent forward Kevin Durant plans to sign with the Nets, reports ESPN’s Adrian Wojnarowski (via Twitter). Durant will make a formal announcement via Instagram once free agency officially opens at 6:00pm eastern time, tweets Wojnarowski.
According to Shams Charania of The Athletic (via Twitter), Durant will sign a four-year, maximum-salary contract with Brooklyn. The deal will be worth $164,255,700.
[UPDATE: Durant will accept less than the max to accommodate a $40MM deal for DeAndre Jordan]
[UPDATE: Durant expected to be acquired via sign-and-trade involving D’Angelo Russell]
It’s a fascinating decision by Durant, who was long believed by league insiders to be eyeing a move to the Knicks if he opted not to return to the Warriors. However, as it became increasingly clear that KD’s good friend Kyrie Irving would sign with Brooklyn, there was increased speculation that the Nets could be in play for Durant too. He and Irving had reportedly discussed the idea of playing together, and now they’ll get that chance.
Of course, while the two stars will share a locker room in Brooklyn, they’ll have to wait a little longer to actually take the court together. Durant is expected to miss the full 2019/20 season as he recovers from the torn Achilles he suffered during Game 5 of the NBA Finals.
Additionally, the Nets will have to make at least one more roster move before they can technically sign both Irving and Durant. Because KD’s maximum salary is higher than Kyrie’s, Brooklyn is still about $1.2MM short of that second max slot, tweets ESPN’s Bobby Marks.
In addition to adding Durant and Irving, the Nets have reportedly lined up deals with DeAndre Jordan and Garrett Temple. They’ll join a core that features Caris LeVert, Jarrett Allen, Joe Harris, and Spencer Dinwiddie. All-Star point guard D’Angelo Russell will be headed elsewhere with Irving arriving in Brooklyn.
As for the Warriors, losing Durant means they’re no longer facing a record-setting luxury tax bill, but they figure to be aggressive in seeking ways to upgrade their roster with their two-time Finals MVP no longer in the mix.
Photo courtesy of USA Today Sports Images.
Nets Sign Garrett Temple
JULY 8, 10:00pm: The Nets have officially signed Temple, the team announced today in a press release.
JUNE 30, 5:05pm: The Nets have agreed to a two-year, $10MM deal with Temple, agent Mark Bartelstein confirms to ESPN’s Adrian Wojnarowski (Twitter link).
JUNE 30, 3:41pm: Free agent guard/forward Garrett Temple is expected to sign with the Nets once he’s eligible to do so, reports Marc J. Spears of The Undefeated (via Twitter). According to Spears, Temple will likely sign a two-year, $10MM deal with a second-year team option.
Temple, 33, averaged 7.8 PPG, 2.9 RPG, and 1.4 APG in a total of 75 games last season for the Grizzlies and Clippers. He’s considered a solid defender and a fairly reliable three-point shooter too (.353 career 3PT%), though he struggled after a deadline deal sent him to the Clips.
Based on the reported terms of Temple’s deal, it sounds like the Nets will use the room exception to sign him. That’s the exception available to teams that go under the cap and then use up all their cap space. It starts at $4.77MM and has a two-year value of $9.77MM.
The Nets are reportedly planning to use a significant chunk of their cap room to sign Kyrie Irving, and they’re said to be confident in their chances to land Kevin Durant with the rest of their space.
Kevin Durant To Nets A Done Deal?
Marc Stein of The New York Times is reporting that the Nets are emanating an “undeniable vibe of confidence” that Kevin Durant will join his friend Kyrie Irving and announce tonight that he plans to sign with the Nets.
Brian Lewis of the New York Post adds that there are individuals within the Brooklyn organization – both players and front office employees – that are “quietly confident” that Durant will choose Brooklyn over the Warriors, Knicks, and Clippers.
Finally, Chris Broussard of Fox Sports hears that a team who was in the hunt to sign Durant now thinks that Durant is heading to Brooklyn as well.
As we noted earlier, we won’t have to wait much longer to find out if Brooklyn’s confidence is well-placed, as Durant will announce his decision online when free agency opens this evening.
Free Agent Rumors: Middleton, Butler, Kanter, Temple
According to Marc Stein of The New York Times, the quietness surrounding the free agency destination of Bucks’ All-Star forward Khris Middleton is because interested front offices are universally presuming that Middleton is going back to Milwaukee on a “monster” five-year deal.
Middleton, 27, is eligible to sign a five-year, $189.904MM maximum-salary contract with the Bucks, while rival suitors can only (relatively speaking, of course) offer up to $140.791MM over four years.
Echoing Stein’s sentiment from rival front offices, Gery Woelfel of Woelfel’s Press Box reports that Middleton is expected to re-sign with Milwaukee, adding that Brook Lopez and George Hill are also considered good bets to return.
- Per Marc J. Spears of ESPN, unrestricted free agent center Enes Kanter is expected to have a phone call with the Blazers and Celtics when free agency tips off tonight at 5:00pm CST.
- Spears is also reporting that UFA guard Garrett Temple is getting interest from the Nets, Nuggets, Jazz, and Rockets.
- During their meeting this evening, Jimmy Butler is expected to tell the Heat that he wishes to play in Miami, per Tim Reynolds of The Associated Press. It’s unclear whether Butler actually wants to play for the Heat of if he’s simply using this as a negotiating tactic to entice the 76ers to offer him a 5-year maximum-salary contract.
- Per Harrison D. Sanford of The Green Room with Danny Green, free agent guard Danny Green is expecting to hear from the Raptors, Lakers, Sixers, Bulls, Mavericks, Rockets, and Knicks.
Durant To Make Decision Via Instagram
JUNE 30, 2:37pm: Per Adrian Wojnarowski of ESPN (link), Durant will announce his free agent decision tonight on Instagram, via his “The Boardroom” platform.
JUNE 28, 8:50pm: Kevin Durant is planning to speak with the Nets, Clippers and Knicks as well as the Warriors when free agency begins on Sunday night, ESPN’s Adrian Wojnarowski reports.
Durant probably won’t make a quick commitment. His decision-making process is expected to extend well into next week, according to Wojnarowski.
There are no surprises on Durant’s list. Both New York teams have been clearing cap space for years in order to pursue high-level free agents. The Clippers have taken the same approach the past two seasons, though they’ve been more often linked to Kawhi Leonard.
The process could be somewhat more informal than the last time Durant shopped himself in free agency during the summer of 2016. Durant is in New York after undergoing surgery on his torn Achilles tendon and plans to talk to teams there, Wojnarowski continues. He’ll conduct some combination of face-to-face meetings and other forms of communication with assistance from business manager Rich Kleiman.
Durant formally declined his $31.5M player option this week to become an unrestricted free agent. The Warriors are planning to offer him a five-year, $221MM max contract, while other teams can offer a four-year, $164MM deal.
Durant is expected to miss all of next season as he recovers from the injury suffered during the Finals.
D’Angelo Russell Has T-Wolves Atop Wish List
Marc Stein of The New York Times is reporting that Nets’ restricted free agent point guard D’Angelo Russell has the Timberwolves at the top of his free-agent wish list. Stein adds that while the Lakers still have undeniable interest in Russell, Minnesota is increasingly confident they can make the necessary salary-cap moves to land the 23-year-old All-Star.
The T-Wolves are expected to meet with Russell in Los Angeles this evening at the beginning of free agency. The meeting will reportedly feature new president of basketball operations Gersson Rosas, head coach Ryan Saunders, and Russell’s good friend, Minnesota big man Karl-Anthony Towns.
The Wolves currently project to be an over-the-cap team, but the Nets have already indicated that they’d be willing to entertain a sign-and-trade arrangement that would enable Russell to reach a destination of his choosing. The most likely salary-matching pieces, however, are Andrew Wiggins and Jeff Teague, both of whom the Nets have no interest in whatsoever. As such, Minnesota would likely need to throw in some other assets to make the deal worthwhile to Brooklyn.
Minnesota could also attempt to trade some combination of Wiggins, Teague, Gorgui Dieng, and Robert Covington to open up cap space, but it’s unclear at this point what teams, if any, are interested in acquiring one or more of those players.