Atlantic Notes: Nets, Knicks, Thomas

It’s been a busy Monday in the Atlantic division, with the Knicks and Sixers completing a trade and then promptly cutting both players involved. That wasn’t it for Philly, which added a forward before cutting two others. Meanwhile, the Celtics cut five players to get down to the required roster count of 15. With final rosters set, let’s see what else is going on in the Atlantic:

  • After waiving Casper Ware on Saturday to get their roster down to 15, the Nets now have some flexibility with Jorge Gutierrez, Cory Jefferson and Jerome Jordan, none of whom have deals that become fully guaranteed until the leaguewide guarantee date in January, tweets Robert Windrem of Nets Daily. With opening-night rosters finalized, Stefan Bondy of the New York Daily News also points out that the Nets luxury tax bill of around $35MM for this season, as it stands now, pales in comparison to last season’s mammoth $90MM total (via Twitter).
  • Knicks head coach Derek Fisher indicated that Travis Outlaw was suffering from an Achilles injury that hurt his chances of making the team, writes Marc Berman of the New York Post. Outlaw was traded to Philly earlier today, opening up a roster spot for Travis Wear, who the Knicks initially had planned to cut and send to the D-League, according to Berman.
  • Sixers signee Malcolm Thomas was set to play in China and was ready to leave on Tuesday before Philly reached out to him over the weekend, notes Tom Moore of Calkins Media (via Twitter).
  • Meanwhile, Max Rappaport of Sixers.com points out that the careers of Thomas and Sixers coach Brett Brown intersected in San Antonio in 2012, when Thomas appeared in three games with the Spurs. “He’s got a chance — really his first chance, in my opinion — to [get] minutes and [have] a role. He sees we’ve got a bunch of young guys he’s competing with, and he probably sees a lot more daylight than he may have with Utah, the Spurs, or Chicago,” Brown said.

And-Ones: Brazil, Shorter Games, Hawks, Nets

The NBA has struck a deal to partner with Brazil’s Liga Nacional de Basquete, the top domestic league in that country, Grantland’s Zach Lowe reports. The arrangement will likely give the NBA an ownership stake in the league and will allow for the exchange of ideas on marketing, player development and other best practices, according to Lowe. Many NBA league office types would like to see the pro game played with one universal set of rules around the globe, a sentiment that some others around international basketball share, Lowe notes, so the Brazilian deal could be a step in that direction. There’s more from Lowe amid our look at the latest around the league:

  • There’s “nearly unanimous” opposition to the idea of reducing the length of games to 44 minutes, as Lowe writes in the same piece, laying out a handful of reasons why many around the league are against the idea that the NBA experimented with earlier this month. Still, Lowe believes there’s a decent chance the idea resurfaces at some point.
  • Sources tell Daniel Kaplan of SportsBusiness Journal that they expect the Hawks to sell for at least $750MM and perhaps close to $1 billion. Presumably, those figures pertain to 100% of the franchise, and it’s still uncertain just how much of the Hawks will end up on the block.
  • Evercore Partners, with Bruce Ratner at the controls, is once more shopping its 20% share of the Nets after tabling that pursuit earlier, Kaplan adds.
  • Warriors camp invitee Aaron Craft will play for the team’s D-League affiliate, his agent tells Bob Baptist of The Columbus Dispatch (Twitter link). That signals that Golden State made him one of the four preseason cuts it can reserve for its affiliate, since Craft would otherwise have to go through the D-League draft.
  • Kim English, whom the Bulls waived earlier this month, has a deal with SLUC Nancy, a French team, sources tell Sportando’s Emiliano Carchia.

New York Rumors: Shumpert, Nets, Carmelo

A report from Marc Stein of ESPN.com 10 days ago indicated that the Knicks and Iman Shumpert were in active extension negotiations, but Ian Begley of ESPNNewYork.com continues to hear that the sides haven’t engaged in any talks, echoing his dispatch from a month ago. The Knicks upset Shumpert when they made him a frequent subject of trade talk last season, Begley writes, and a source close to the swingman tells Begley that Shumpert is in no mood to give New York a hometown discount should he hit restricted free agency next summer. Here’s more from around the Big Apple:

  • Nets GM Billy King confirmed the team will keep Jorge Gutierrez and Jerome Jordan along with the team’s 12 fully guaranteed contracts for opening night, tweets Andy Vasquez of The Record. Presumably, that means Cory Jefferson will stick around on his partially guaranteed deal, too.
  • Carmelo Anthony did his part to refute a report that indicated that marquee free agents don’t want to play with Kobe Bryant, telling reporters that he’d “love” to play with the Lakers legend, as Ramona Shelburne and Ohm Youngmisuk of ESPN.com note. Anthony also said that Bryant tried to recruit him to the Lakers this summer, but the Knicks forward can’t hit free agency again until 2018, and Bryant’s under contract through the summer of 2016.
  • Lionel Hollins said he never got to know Grizzlies owner Robert Pera before the team let Hollins go in 2013, as he tells Stefan Bondy of the New York Daily News. The new Nets coach added that timing played a key role in his decision to take the Brooklyn job this summer while the Lakers still had a vacancy. “I felt either one of those jobs would be fine,” Hollins says. “The Lakers still had Kobe and they could change the team at a moment’s notice because they only had three players under contract. So I thought that wasn’t a bad situation and I thought this was a good situation so when it came about, it was one that I was happy and I wasn’t going to wait on the Lakers when I had a job in hand.”

And-Ones: Oladipo, Jordan, Bryant

There are a number of young up-and-coming small forwards in the league. John Zitzler of Basketball Insiders profiles the ones he thinks will have breakout seasons in 2014/15. Here’s more from around the league:

  • Victor Oladipo underwent surgery to repair a facial fracture and is expected to be out for a month, tweets Adrian Wojnarowski of Yahoo! Sports. The Magic guard said that the surgery went well and vowed to come back strong in a pair of tweets.
  • $100K of Jerome Jordan‘s minimum salary was locked in today, as he remained on the roster beyond the partial guarantee date, as noted on the updated Nets salary sheet maintained by Eric Pincus of Basketball Insiders.
  • The Nets used their trade exception of $788,872 to receive Casper Ware‘s $816,482 contract in the trade that sent Marquis Teague to the Sixers, tweets Pincus. The incoming salary is allowed to exceed the exception within $100K. The Nets created a new exception equivalent to Teague’s salary, as we noted last night.
  • If Kobe Bryant has indeed scared away potential free agents, then Lakers management is to blame for the state of the franchise, Ken Berger of CBSSports.com writes. One league executive tells Berger, “They’re [the Lakers] the ones that gave him a $48MM extension knowing that nobody wanted to play with him. And they were also the ones that gave away multiple first-round picks for an over-the-hill Steve Nash. Not to mention firing every coach that Magic [Johnson] decided he didn’t like.”
  • The WarriorsKlay Thompson has two outspoken allies in his quest for a contract extension, writes Diamond Leung of Bay Area News Group. Thompson’s father Mychal, a former NBA player, has insisted that his son is worth a maximum-salary extension. The senior Thompson’s opinion was echoed earlier this week by former Warriors coach and current ESPN broadcaster Mark Jackson. “It’s good to hear from guys like that because they both played in the NBA, and both were successful in the NBA and [have] been around the game for so many decades,” Klay Thompson said. “So if they think I’m that quality type of player, it makes me think highly of myself as well.”

Arthur Hill contributed to this post.

Nets Waive Casper Ware

The Nets have officially waived Casper Ware, the team has announced. Brooklyn had acquired Ware yesterday in the deal that sent Marquis Teague to the Sixers. Ware’s contract was non-guaranteed so the move won’t cost the team any cash. This also reduces the Nets’ preseason roster count to 15, which is the regular season maximum.

The 24-year-old Ware was playing in Italy last season before he signed a pair of 10-day contracts with the Sixers, who then signed him to a low-risk multiyear deal. The Nets never figured to keep Ware, and he was acquired strictly as a means to remove Teague’s fully guaranteed deal from their books.

In nine career games, all with the Sixers, Ware has averaged 5.3 PPG, 1.0 RPG, and 1.1 APG. His slash line is .429/.333/.833.

And-Ones: Teague, Thomas, Free Agents

The trade that sent Marquis Teague to the Sixers in exchange for Casper Ware allows the Nets to create a $1,120,920 trade exception equivalent to Teague’s salary. The Sixers, who are well under the cap, can’t create an exception since exceptions, by definition, are only available to teams above the cap.

Here’s more from around the league:

  • The NBA’s new $24 billion dollar TV deal will bring with it a number of problems, Sam Amick of USA Today writes. With the salary cap expected to increase significantly, the owners likely will try to push for a hard cap during the next CBA negotiations, though commissioner Adam Silver tried to downplay that as not being a make-or-break demand, notes Amick.
  • The Thunder have informed Lance Thomas that he will make the team’s regular season roster, Shams Charania of RealGM reports (Twitter link). Thomas is the only player remaining on the team whose contract isn’t at least partially guaranteed after Oklahoma City waived  Michael Jenkins, Richard Solomon and Talib Zanna earlier today.
  • Agents are optimistic about next summer’s free agent market, as Sean Deveney of The Sporting News hears. One agent explained to Deveney that he’s confident teams will spend more freely because they know a massive influx of TV money is on its way eventually, even if the league doesn’t work some of the forthcoming revenue into the salary cap for 2015/16. The league’s $66.5MM cap projection is a conservative one, as Deveney writes, having heard from a GM who thinks the cap could go as high as $72MM.

Chuck Myron contributed to this post.

Spurs Sign Robert Vaden, Fuquan Edwin

The Spurs have signed Robert Vaden and Fuquan Edwin, the team has announced. The length and terms of the deals were not disclosed, but they’re likely minimum-salary arrangements with perhaps small partial guarantees. These moves bring San Antonio’s preseason roster count up to 18 players, leaving the team three over the regular season maximum. Both players were likely signed with an eye on sending them to the D-League, as teams can retain the D-League rights for up to four players.

The 6’5″ Vaden technically has one year of NBA experience, even though he’s never appeared in a regular season or playoff game. The Thunder signed him to a multiyear deal in the final days of the 2010/11 season and traded him the following preseason to the Timberwolves, who cut him before opening night. He was most recently with Belfius Mons-Hainaut in Belgium where he appeared in 10 games, logging 9.0 PPG and 1.6 RPG in 27 minutes per night. Vaden was originally drafted with the No. 54 pick in the 2009 NBA draft by the Hornets (then known as the Bobcats). In four college seasons split between Indiana and UAB, Vaden averaged 15.8 PPG and 4.6 RPG. He also spent two seasons in the NBA D-League for the Tulsa 66ers, averaging 11.5 points, 2.5 rebounds, and 2.3 assists per game.

Edwin went undrafted this year after spending four seasons at Seton Hall. In 127 career games for the Pirates, he averaged 12.9 PPG, 4.8 RPG, and 1.4 APG while playing 30.3 minutes a night. Edwin played for the Thunder in the summer league, appearing in three games, and notching 1.3 PPG in 7.5 minutes per night.

Nets, Sixers Swap Marquis Teague, Casper Ware

3:24pm: The Sixers have followed with a formal announcement of their own. The press release notes that Philly will receive the more favorable of Milwaukee’s and Sacramento’s second-round picks in 2019.

NBA: Boston Celtics at Brooklyn Nets 2:47pm: The Sixers have acquired Marquis Teague and a protected 2019 second-round pick from the Nets in exchange for Casper Ware, as Brooklyn announced via press release. The pick headed Philadelphia’s way originally comes from Milwaukee as compensation for the Bucks hiring of coach Jason Kidd. Adrian Wojnarowski of Yahoo! Sports first reported the clubs were in trade talks about Teague, and Stefan Bondy of the New York Daily News wrote that the clubs were close to finalizing a deal.

Teague is entering the third year of his rookie scale contract, set to pay him more than $1.12MM this season, which is fully guaranteed. A decision is due by a week from today on his fourth-year team option worth in excess of $2.023MM, but a report during the offseason indicated that Brooklyn was unlikely to pick that up. It’s unclear if Philadelphia is similarly willing to pass on the option, though the Sixers have tens of millions more in terms of cap flexibility than the Nets do to keep the point guard on the books.

Ware, another point guard, has a much less decorated pedigree than the other player in the trade. He’s on a non-guaranteed contract for the minimum salary, and he seems a long shot, at best, to remain with Brooklyn until opening night. The now 24-year-old was playing in Italy last season before he signed a pair of 10-day contracts with the Sixers, who followed up with a low-risk multiyear deal.

The Nets are likely to waive Ware, a source confirms to Andy Vasquez of The Record, who adds that the team is likely to keep the 15 remaining players on its roster for opening night. That’s a boon for Jorge Gutierrez and Cory Jefferson, who have partially guaranteed contracts, and Jerome Jordan, whom coach Lionel Hollins has advocated keeping in spite of the center’s non-guaranteed deal.

Teague heads to a Sixers team with an unsettled roster featuring 20 players just three days in advance of Monday’s deadline for teams to cut down to no more than 15 guys. He becomes just the 10th fully guaranteed contract on Philly’s books. It’s the second trade within the calendar year of 2014 for Teague, whom the Bulls shipped to Brooklyn in January.

Photo courtesy of USA Today Sports Images.

Nets Opt In For 2015/16 With Plumlee, Karasev

The Nets have exercised their team options to keep Mason Plumlee and Sergey Karasev on their rookie scale contracts through 2015/16, the team announced. The moves were expected for both, and particularly for Plumlee, who was a part of Team USA’s gold medal-winning squad in the FIBA World Cup this summer after a strong rookie season last year. Plumlee will make nearly $1.416MM in 2015/16, while Karasev is in line for almost $1.6MM that year, as our Rookie Scale Team Option Tracker shows.

Plumlee, the 22nd overall pick in 2013, was efficient in his time on the floor last season, racking up a 19.0 PER, and he began to see more significant run after Brook Lopez went down to injury, averaging 9.1 points and 6.0 rebounds in 22.0 minutes per game after the All-Star break. Karasev came to Brooklyn via trade from the Cavs, who drafted him last year three picks before the Nets selected Plumlee. The small forward from Russia made it into just 22 NBA games for an average of 7.1 minutes per contest as a rookie, but Brooklyn, owned by fellow Russian Mikhail Prokhorov, insisted on receiving Karasev in the deal instead of a pair of second-round picks.

The moves give the Nets about $58.7MM in commitments against a projected $66.5MM salary cap for 2015/16, though that figure doesn’t include a player option worth more than $16.7MM for Lopez. It also doesn’t take into account a rookie scale team option worth more than $2MM for Marquis Teague, but the Nets are reportedly close to trading Teague to the Sixers.

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.

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