Atlantic Rumors: Sixers, Bynum, C’s, Knicks, Nets
Atlantic teams have been among the clubs finalizing deals agreed to during the moratorium today, including the Sixers officially making a trade with the Pelicans and the Knicks and Raptors formally completing their Andrea Bargnani swap. As teams and players continue to put pen to paper, let's round up a few items of note out of the division…
- When the Sixers agreed to send Jrue Holiday to the Pelicans in exchange for Nerlens Noel and a 2014 first-rounder, Noel wasn't the only player Philadelphia would have accepted with that No. 6 overall pick. According to Dei Lynam of CSNPhilly.com, the Sixers would also have made the deal if New Orleans was able to select Anthony Bennett or Victor Oladipo. Those two players, of course, ultimately went first and second overall.
- The Sixers continue to keep their options open and have "absolutely not" ruled out re-signing Andrew Bynum, a source tells Bill Ingram of HoopsWorld (Twitter link). That seems like a long shot to me, but Philadelphia should still have plenty of cap room to make a move.
- Michael Curry has yet to formally interview for the Sixers' head coaching job, but expects to talk to GM Sam Hinkie after Summer League play, tweets Lynam.
- Although the Celtics could have their mid-level and bi-annual exceptions available, GM Danny Ainge says minimum-salary signings are more likely, according to Gary Washburn of the Boston Globe (via Twitter).
- The Knicks are interested in Tyrus Thomas, who was officially released via the amnesty clause by the Bobcats today, tweets Frank Isola of the New York Daily News. New York won't have a chance to place a claim on Thomas, but could negotiate a new deal with him if he clears amnesty waivers.
- Don't expect Andrei Kirilenko to be the Nets' "Plan B" after the team failed to lock up Bojan Bogdanovic. Stefan Bondy of the New York Daily News says (via Twitter) that there's nothing happening between Kirilenko and Brooklyn.
Nets Won’t Sign Bojan Bogdanovic
Multiple reports last Friday surfaced suggesting that the Nets had reached an agreement to bring 2011 second-round pick Bojan Bogdanovic stateside, but it now appears that won't be happening. NetsDaily.com reported (via Twitter) that the team is "moving on without Bojan," while Howard Beck of the New York Times hears from a source that Bogdanovic is "not coming" (Twitter link).
As Beck notes, the Nets will retain Bogdanovic's rights and could attempt to bring him over again next summer. In the interim, GM Billy King indicated earlier today that Brooklyn has a Plan B. As he expressed some concern about bringing Bogdanovic over, King suggested there's another player who would be worth the mini MLE, though he didn't name the player (Twitter links via Stefan Bondy of the New York Daily News).
Based on those early reports on Bogdanovic's agreement with the team and King's comments today, it appears the two sides had agreed to terms on a contract, but were unable to finalize a buyout with Bogdanovic's team overseas. Beck confirms (via Twitter) that the buyout was the sticking point.
2012/13 Taxpaying Teams
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.
World Peace Interested In Knicks If Amnestied
3:49pm: After the Knicks, World Peace's list of preferred destinations if he's amnestied includes the Clippers, Nets, Bulls, Heat, Thunder, Spurs, and Pacers, in that order, reports Sam Amick of USA Today. As Amick notes, the list reads like a who's-who of title contenders, and sends a message to teams with cap space that MWP isn't interested in being claimed by a non-contender.
2:14pm: A report yesterday indicated that the Lakers are preparing to amnesty Metta World Peace, a move that can't be finalized until tomorrow at the earliest, as I explained this afternoon. While nothing is official yet, World Peace would be "upset" if the Lakers cut him, as longtime friend (and head of his foundation) Jose Morales tells Jared Zwerling of ESPNNewYork.com.
"If the Lakers do amnesty him, he might want to retire," Morales said. "If one of these small-market teams picks him up, he won't be happy with that. He doesn't want to play there."
Teams with cap space would have the first shot at World Peace if he were amnestied, since they'd have the ability to submit a waiver bid for him. Most clubs that still have room aren't legit contenders — the Cavaliers, Pistons, Mavericks, and Hawks are a few clubs that figure to have cap space during amnesty week.
With the threat of retirement looming, those teams may not want to risk claiming World Peace. If he were to go unclaimed, he'd become an unrestricted free agent, able to sign with any team besides the Lakers. Morales tells Zwerling that MWP would be interested in joining the Clippers, and that joining his hometown Knicks would also have strong appeal.
"If the Lakers amnesty him, he's going to have a point to prove that he can still be that player in New York," Morales said.
Atlantic Notes: Melo, Celtics, Rondo
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.
Nets To Sign Bojan Bogdanovic?
SATURDAY, 1:51pm: Bogdanovic pegged his chances of joining the Nets at only 50% or slightly higher when speaking to a Croatian radio station today, as noted on the website Sportnet (translation via Nets Daily). Bogdanovic denied that a deal had been signed, though no deal can be officially signed until the July Moratorium is up on Wednesday, anyway.
FRIDAY, 8:23pm: Bogdanovic will get a three-year deal with a starting salary of about $2.4MM, tweets Howard Beck of The New York Times. That would leave close to $800K on the mini mid-level for the Nets to sign someone else. That wouldn't be enough room to bring on a player for as much as the two-year veteran's minimum salary, but as Stefan Bondy of the New York Daily News points out on Twitter, the Nets may prefer to let that money go unspent so they can save on their already-hefty luxury tax bill.
8:03pm: The Nets have reached agreement on a deal that will bring 2011 second-round pick Bojan Bogdanovic to the team for the coming season, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). The team acquired the draft rights to the Bosnia and Herzegovina native shortly after he was taken 31st overall by the Heat two years ago.
When it appeared the Nets would use their mini mid-level to sign Kyle Korver, it looked like Bogdanovic would not be coming stateside this season, since the rookie minimum salary would have been all Brooklyn would have had left to give him. With Korver heading back to the Hawks instead, that frees up as much as $3.183MM to give to Bogdanovic as a starting salary.
The 6'8" small forward maintained interest in playing for the Nets even as it appeared he wouldn't get the chance to do so right away. He averaged 14.3 points per game and shot 38.7% from three-point range this past season for Fenerbahce Ulker in Turkey.
Free Agent Rumors: Kirilenko, Andersen, Collison
It's been a busy night in NBA free agency, as Dwight Howard has decided, after much back-and-forth, that he'll sign with the Rockets. His decision appears to have set in motion a domino effect, with Jose Calderon heading to the Mavs and a pair of ex-Jazz players agreeing to terms with the Hawks. Here's more on the latest from around the league:
- The Wolves and Andrei Kirilenko didn't speak about the notion of a return today, but the team hasn't given up and retains his Non-Bird Rights, as Darren Wolfson of 1500 ESPN Twin Cities reports via Twitter.
- With several teams showing interest in him, Chris Andersen remains in "decision mode," according to Jared Zwerling of ESPNNewYork.com. Andersen, who was expressed a desire to re-sign with the Heat, figures to make a decision early next week, says Zwerling (Twitterlinks).
- Darren Collison will be prioritizing winning over salary or a starting role in free agency, sources tell Bill Ingram of HoopsWorld. According to Ingram, Collison has been in contact with the Cavs, Kings, Spurs, and Clippers so far. We had previously heard about Cleveland's interest, but the rest of that list of potential suitors is new.
- The Blazers are still pursuing Dorell Wright, but they're one of several teams with strong interest, according to The Oregonian's Jason Quick. (Twitter link). His agent, presumably Greg Lawrence, tells Quick a decision is coming soon.
- Though the Hawks used up some of their cap space on agreements with Paul Millsap and DeMarre Carroll tonight, Atlanta remains the team most likely to make a lucrative offer to try to lure Nikola Pekovic from the Wolves, tweets Jerry Zgoda of the Star Tribune.
- The Hawks were considering an offer to Mo Williams before they decided to do a deal with Millsap instead, tweets HoopsWorld's Yannis Koutroupis.
- The Knicks had strong interest in re-signing Chris Copeland, but never made him an offer before he chose the Pacers instead, notes Ian Begley of ESPNNewYork.com (on Twitter).
- The Nets are still seeking to sign a backup point guard, tweets Stefan Bondy of the New York Daily News.
Chuck Myron contributed to this post.
Stein’s Latest: Nets, Spurs, Cavs, Belinelli, Neal
In between arguments about the relative merits of In-N-Out Burger, ESPN.com's Marc Stein has found time this afternoon to pass along several nuggets related to free agency. Here are the highlights from the ESPN.com scribe's Twitter account:
- The Nets are still targeting point guards, with Shaun Livingston and John Lucas III among the players on the team's radar, says Stein (via Twitter). The club lost C.J. Watson to the Pacers in free agency.
- Prior to agreeing to sign with the Spurs, Marco Belinelli had a more lucrative offer on the table from the Cavaliers, says Stein, adding that Belinelli couldn't resist the lure of the Spurs' "all-world operation" (Twitter link).
- There are "strong indications" that restricted free agent Gary Neal won't be returning to the Spurs, which is why the team moved quickly to bring Belinelli aboard, tweets Stein. According to Stein (via Twitter), Neal is receiving interest at a price point that San Antonio is reluctant to match.
Chauncey Billups Plans To Play Two More Years
Back in April, Chauncey Billups indicated that he wasn't considering retiring, and it doesn't sounds like retirement is an option he wants to entertain next year either. According to ESPN.com's Chris Broussard (via Twitter), Billups is looking to continue his NBA playing career for at least two more seasons.
It's not clear whether or not that means Billups is seeking a multiyear deal in free agency, but the 36-year-old doesn't seem to have a shortage of suitors. Broussard suggests in his tweet that a reunion with the Pistons isn't out of the question, and we heard yesterday that the Cavaliers, Spurs, Mavericks, Kings, Nets and Wolves have also shown some interest in the veteran guard. The Clippers likely wouldn't mind bringing Billups back as well.
Even though injuries limited him in the last two seasons in Los Angeles, Billups still earned a spot in the starting lineup in all 44 games he played for the Clippers. Wherever he lands in free agency though, Billups figures to be a backup, which he understands, according to Broussard.
FA Latest: Jefferson, Nets, Copeland, Collison
Let's have a look at the latest offseason news and notes from this Wednesday evening:
- Al Jefferson has spent the past day and a half with the Bobcats, as we know, but apparently the former Jazz center wants to wait until Dwight Howard signs before making any commitments, reports ESPN's Chris Broussard (via Twitter). According to Broussard, this is because if the Mavericks lose out on Howard, they could come calling on Jefferson. Jefferson is looking for a four-year deal, starting at $15MM per season, per Broussard (via Twitter).
- Considering the make up of the Nets roster, head coach Jason Kidd needs to hit the ground running, writes Stefan Bondy of the New York Daily News. Assistant coach Lawrence Frank ran much of Kidd's first practice on Wednesday while Kidd mainly observed, according to Bondy. Ian O'Connor of ESPN New York reports that the Nets deal with Frank is for four year and is worth more than one million dollars a year, making him the league's highest paid assistant.
- We rounded up the latest on Chris Copeland a bit earlier, but now Jared Zwerling of ESPN New York is reporting, via Twitter, that the Cavaliers are "in play" on Copeland with a potential multiyear offer and the Pacers are exploring roster options to create room for the 6-foot-8 forward. Sources tell Marc Berman of the New York Post that Copeland has three offers to choose from, which will make it next to impossible for the Knicks to retain him (via Twitter). None of the three are from the Jazz, tweets Bill Oram of the Salt Lake Tribune.
- Mavericks free agent Darren Collison, in the process of sorting through his options, is intrigued by four potential destinations and hasn't ruled out a return to Dallas, writes RealGM's Shams Charania.