Chandler Parsons

Wolves, Hawks, Rockets, Nuggets Complete Four-Team Trade

FEBRUARY 5: The trade is now official, with Twitter announcements from the RocketsTimberwolves and Nuggets confirming the deal. Atlanta also formally waived Chandler Parsons to accommodate the trade, as detailed earlier.

FEBRUARY 4: The Timberwolves, Hawks, Rockets, and Nuggets are in agreement on a massive four-team trade, according to ESPN’s Adrian Wojnarowski (Twitter link). Shams Charania of The Athletic first reported (via Twitter) that the four clubs were close to reaching a deal, while Woj says (via Twitter) the players involved are now being informed.

According to Wojnarowski (Twitter link), Charania (Twitter links), Jon Krawczynski of The Athletic (Twitter link), and Jonathan Feigen of The Houston Chronicle (Twitter link), the trade looks like this:

There have been rumors for the last several days suggesting that a trade like this one could be in play. An earlier variation had the Warriors in Denver’s place, with the Wolves pursuing D’Angelo Russell, but Golden State backed off those talks earlier on Tuesday, leaving Minnesota, Houston, and Atlanta to work out a new agreement.

Let’s break down how the deal will impact each team…

Houston Rockets:

Daryl Morey‘s group has long been on the lookout for an upgrade on the wing, and they’ll get their man in Covington, a three-and-D specialist who is on a team-friendly contract that’s worth $11.3MM this season and runs through 2021/22.

The Rockets gave up two valuable assets in Capela and their 2020 first-round pick to bring in Covington, Bell, and a second-round pick. By moving Nene and Green in the deal, the team will also move well below the luxury-tax line, which would be a favorable outcome for ownership — while Tilman Fertitta has claimed to have signed off on the club being a taxpayer, it looks like this could be the second straight season that the Rockets sneak out of the tax at the deadline.

On the other hand, as Wojnarowski points out (via Twitter), the structure of the deal would allow Houston to take back up to another $12MM in salary. So until the trade is made official, there’s a window for the Rockets to potentially expand it even further to include another team and player, assuming they find a suitable target, agree on compensation, and are willing to go back into the tax. That won’t be easy, however.

While Bell could play some minutes at the five, the Rockets will remain on the lookout for a more reliable replacement for Capela, either via a trade or on the buyout market, tweets Jonathan Feigen of The Houston Chronicle. Houston’s go-to lineup will feature P.J. Tucker at center, but the team still wants a more traditional big to match up with star bigs in the playoffs, notes Tim MacMahon of ESPN (via Twitter).

MacMahon also adds (via Twitter) that Green, who is likely out for the season with a broken foot, had the ability to veto his inclusion in this trade, but won’t do so.

The move will reduce the Rockets’ roster count to 13 players on standard contracts, so the team will have two weeks to get back up to the NBA’s required minimum of 14 players.

Denver Nuggets:

The Nuggets were said to be seeking a first-round pick for Beasley and a second-round pick for Hernangomez, their two restricted-free-agents-to-be. They won’t quite meet that asking price, but they’ll at least get the first-rounder they were looking for, acquiring Houston’s 2020 pick in the deal.

In addition to sending out Beasley and Hernangomez, Denver also moved Vanderbilt and will bring back four players: Green, Bates-Diop, Napier, and Vonleh. The team had an open spot on its 15-man roster, so no one will have to be waived, though MacMahon reports (via Twitter) that Green is expected to be cut after the trade is official, once again opening up that last roster spot.

As ESPN’s Adrian Wojnarowski observes (via Twitter), Napier and Vonleh are capable of playing rotation minutes and providing depth off the bench for the Nuggets. Bates-Diop will probably be further down on the depth chart. Napier and Vonleh will be unrestricted free agents at season’s end, while KBD has a non-guaranteed minimum salary for 2020/21.

Having previously traded away their own 2020 first-round selection for Jerami Grant, the Nuggets can get back into this year’s draft with Houston’s first-rounder. Of course, with Wojnarowski suggesting Denver will continue to be active before Thursday’s deadline, that pick could theoretically be flipped in another move.

Atlanta Hawks:

The Hawks have been linked to several centers over the course of the season, reportedly expressing interest in Andre Drummond, Steven Adams, and Dewayne Dedmon, among others. In recent days, the club appeared to be zeroing in on Capela, a big man whose rim-running ability will complement Trae Young on offense and whose rim-protecting ability could help bail out Young on defense.

Atlanta will surrender Turner’s expiring contract, Brooklyn’s lottery-protected 2020 first-round pick, and an extra future second-round pick in order to lock up Capela. The move will give the Hawks some cost certainty in the middle — Capela, who has a $14.9MM cap hit in 2019/20, has three more years and about $51.3MM left on his contract after this season. He won’t be eligible for free agency until the summer of 2023.

Acquiring a center now rather than waiting until the summer and trying to land one in free agency will give the Hawks the opportunity to evaluate how Capela looks next to big man John Collins. A heel injury is currently nagging Capela, but it’s not believed to be an issue that jeopardizes the rest of his season.

A 2017 first-round pick, Collins will be eligible for a rookie scale extension during the 2020 offseason. If he meshes with Capela down the stretch, Atlanta would likely be more willing to invest heavily long-term in Collins, who is expected to seek the max or something close to it.

As ESPN’s Bobby Marks tweets, the Hawks are currently carrying 15 players, so they’ll have to waive or trade someone in order to take back both Capela and Nene for Turner, even if they intend to eventually release Nene.

Minnesota Timberwolves:

Although the Timberwolves probably would have preferred to get the Warriors involved in this deal to acquire Russell, they’ll get a handful of intriguing assets in exchange for Covington and several low-cost role players (Bell, Bates-Diop, Napier, and Vonleh).

Beasley and Hernangomez will both be eligible for restricted free agency this summer, which will give the Wolves the chance to match any offer sheet they sign. Neither player had been great this season in Denver, as a crowded depth chart pushed them out of the rotation at times, but they both had solid seasons in 2018/19.

Beasley averaged 11.3 PPG with a .474/.402/.848 shooting line in 81 games (23.2 MPG) a year ago, while Hernangomez averaged 5.8 PPG and 3.8 RPG on .439/.365/.767 shooting in 70 games (19.4 MPG). The Nuggets explored contract extensions last fall with both players, reportedly offering Beasley $30MM over three years, but they didn’t reach a deal with either one. Now the Wolves will have the opportunity to evaluate them during the season’s final two months and decide whether they’re part of the franchise’s long-term plans.

In addition to acquiring those two Denver players – and a little-used project in Vanderbilt – the Timberwolves take on Turner’s $18.6MM expiring contract, generating some extra cap flexibility for the 2020 offseason by moving off Covington’s guaranteed money. They also secured Brooklyn’s lottery-protected 2020 first-round pick, which could end up at No. 15 or 16 if the Nets hang onto a playoff spot this spring.

This move doesn’t necessarily affect the Wolves’ plans to revisit a Russell trade with the Warriors, though like Allen Crabbe, Turner can’t be aggregated with another player in a deadline deal to match D-Lo’s salary. That Brooklyn first-round pick figures to be one of the assets Minnesota dangles in any offer for Russell.

Like Houston, Minnesota will have two openings on its 15-man roster once this trade is finalized, and will have up to two weeks to get back up to 14 players, the league’s required minimum.

Photos courtesy of USA Today Sports Images.

Hawks To Waive Chandler Parsons

The Hawks are waiving Chandler Parsons and his expiring contract, reports ESPN’s Adrian Wojnarowski (via Twitter).

The move will allow Atlanta to complete its part of a four-team trade with the Wolves, Rockets, and Nuggets. The Hawks, who had a full 15-man roster, are sending out Evan Turner in the deal and taking back Clint Capela and Nene, so a corresponding move was necessary. The club could subsequently open up its 15th roster spot if it decides to release Nene after acquiring him.

Parsons, 31, signed a four-year, maximum-salary contract with the Grizzlies back in 2016, but dealt with injury issues throughout the deal and was never able to deliver on the promise he showed earlier in his career. He was sent from Memphis to Atlanta during the 2019 offseason in exchange for Solomon Hill and Miles Plumlee, but appeared in just five games for the Hawks this season and was moved to the inactive list along with Evan Turner last month as the organization focused on developing its young players

Parsons was involved in a car accident in January when his vehicle was struck by a drunk driver. Although the Hawks initially announced he had been diagnosed with a concussion and whiplash, Parsons’ lawyers issued a statement indicating that the veteran forward had suffered more serious injuries in that accident, including a traumatic brain injury, disc herniation, and a torn labrum. The injuries may jeopardize Parsons’ career, according to his attorneys.

While Parsons likely wouldn’t have been a candidate for more than a minimum-salary contract next season anyway, it would be a shame to see that car accident prematurely end his playing career. Hopefully he’s able to get healthy and return to the court before eventually retiring on his own terms.

Parsons’ cap hit for this season is $25.1MM. That figure will remain on Atlanta’s books, but since it was an expiring contract, the team won’t be on the hook for any money beyond this season.

Photo courtesy of USA Today Sports Images.

Southeast Notes: Bertans, Magic, Parsons, Goodwin

A number of teams around the NBA are holding out hope that the Wizards will make Davis Bertans available before the trade deadline, writes Chris Mannix of SI.com. However, for the time being, general manager Tommy Sheppard and the front office appear to be sticking to their stance that they intend to retain Bertans and try to re-sign him this summer.

According to Mannix, inquiries on Bertans have “gone nowhere.” Multiple executives tell Mannix that the Wizards are unwilling to even discuss a potential deal.

This is Sheppard’s first trade deadline since he became the Wizards’ head of basketball operations, so it will be interesting to see whether this ends up being a leverage play or if he sticks to his guns and declines to discuss Bertans all the way through February 6.

Here’s more from around the Southeast:

  • Josh Robbins of The Athletic explores some potential trade scenarios for the Magic, expressing skepticism that the club will pursue veterans for a playoff push. Robbins also suggests, as he did earlier this season, that Jonathan Isaac and Markelle Fultz look like the only Orlando players who are essentially untouchable in trade talks.
  • Chandler Parsons, who was injured in a car accident, remains in the first stage of the NBA’s concussion protocol and continues to be treated for whiplash and his cervical disc injury, the Hawks announced on Thursday in a press release. According to the team, Parsons has returned home to California to continue his recovery and rehab process. He remains out indefinitely.
  • Hawks two-way player Brandon Goodwin is making a strong case to be promoted to the club’s 15-man roster, as Chris Kirschner of The Athletic details. Goodwin’s teammates are among his biggest advocates for a promotion and a guaranteed standard contract. “Hell yeah,” John Collins said. “B.G. has been around here and done everything the team has asked him to do and (then) some. If he keeps continuing to play like this, there is no reason to say he shouldn’t (get a 15-man roster spot).”

O’Connor’s Latest: Gallinari, Mavs, Sixers, Drummond, More

Multiple playoff teams have expressed interest in Danilo Gallinari, according to Kevin O’Connor of The Ringer, who hears from league sources that the Mavericks and Sixers are two clubs who have made inquiries on the Thunder forward.

Gallinari entered the season looking like one of the NBA’s most obvious trade candidates, but the Thunder’s strong play has complicated the equation. It’s unclear how eager Oklahoma City will be to move one of its key contributors now that the team appears headed for a spot in the postseason.

As O’Connor points out, a lack of projected league-wide cap room this summer means the team with Gallinari on its roster to finish the season will likely have a significant leg up to sign him, thanks to his Bird rights. It remains to be seen if a team like Dallas or Philadelphia has the assets necessary to pry Gallinari out of OKC, but if a club makes a deal for him, the plan would presumably be to re-sign him in the offseason.

O’Connor’s article is ostensibly focused on the Mavericks’ need to add a third impact player to complement Luka Doncic and Kristaps Porzingis, but it includes a handful of noteworthy tidbits, not all of which are Mavs-related. Let’s round up a few other highlights…

  • As a report last week confirmed, the Hawks and Pistons had been discussing a trade that would have sent Andre Drummond to Atlanta for a package headlined by Chandler Parsons‘ expiring contract and the Nets’ lottery-protected 2020 first-round pick. Multiple league sources tell O’Connor that the Hawks ended up being unwilling to include that first-rounder due to concerns about how high Drummond’s contract demands are.
  • The Mavericks have made offers to the Timberwolves for Robert Covington, but have been turned down, according to O’Connor. While O’Connor doesn’t have the specific details on Dallas’ offers, I imagine they’d start with Courtney Lee‘s expiring contract and the Warriors’ 2020 second-round pick. The Mavs’ first-rounders are tied up for trade purposes until at at least 2025.
  • Despite denials that they plan to pursue him, league sources continue to view the Mavericks as a potential landing spot for Grizzlies forward Andre Iguodala, writes O’Connor. Dallas is one of the few contending teams that is well-positioned to make a trade offer for Iguodala rather than waiting for a possible buyout.

Lawyers Say Parsons “Seriously Injured” In Car Accident

Hawks forward Chandler Parsons has retained the services of the law firm Morgan & Morgan after being involved in a car accident last Wednesday, as Chris Haynes of Yahoo Sports relays (via Twitter). Parsons was traveling home from practice when his car was struck by a driver who was subsequently arrested for drinking and driving.

“Morgan & Morgan has been retained by Mr. Parsons to help preserve all of his rights and navigate the legal process on his behalf in the wake of this terrible automobile crash,” attorneys John Morgan and Nick Panagakis said in a statement. “Chandler was seriously injured in this crash, which never should have occurred.”

According to that statement, Parsons suffered “multiple severe and permanent injuries” in the collision, including a traumatic brain injury, disc herniation, and a torn labrum. Morgan & Morgan’s statement indicates Parsons was in “peak physical condition” before the accident and is now working with a team of doctors to regain his health. The statement also suggests the accident has the potential to end Parsons’ playing career.

When the Hawks first announced Parsons’ injuries last week, the team only diagnosed him with a concussion and whiplash, entering him into the NBA’s concussion protocol. It’s unclear if the disc herniation and torn labrum mentioned in Morgan & Morgan’s statement reflect injuries later identified by team doctors or if Parsons sought outside opinions.

Sarah K. Spencer of The Atlanta Journal-Constitution notes (via Twitter) that the Hawks have updated their injury report to mention an “associated disc injury” in addition to “concussion/whiplash” for Parsons.

Parsons wasn’t part of the Hawks’ rotation before last week’s accident, having appeared in just five games this season for the team. Now that he’s out indefinitely, it appears he may have played his last game for the franchise — his contract will expire at season’s end. Hopefully the 31-year-old can fully recover from his injuries and eventually make it back to the court.

The Hawks are ineligible to apply for a disabled player exception to replace Parsons even if his injuries are deemed season-ending, since they’re under the cap and the January 15 deadline has passed.

Hawks No Longer Pursuing Andre Drummond Trade

The Hawks traded for one veteran today but are no longer pursuing another, according to Chris Haynes of Yahoo Sports, who reports that Atlanta has ended its negotiations with the Pistons for center Andre Drummond.

While both sides were initially hopeful that they could work out a deal, Atlanta has decided to stay patient, recognizing that there will be chances to improve this summer in the draft and during the free agency period, sources tell Haynes.

According to Haynes, the Hawks and Pistons discussed a swap that would have sent a first-round pick, Damian Jones, and an expiring contract (either Chandler Parsons‘ or Allen Crabbe‘s) to Detroit in exchange for Drummond.

Crabbe was included in the deal the Hawks completed today with the Timberwolves for Jeff Teague, but Atlanta could’ve acquired Drummond without him, so it doesn’t appear that wasn’t a factor in the club’s decision to end trade talks with Detroit.

While the Hawks are no longer pursuing a trade for Drummond, that doesn’t mean their interest in him has disappeared. The Pistons’ big man will be one of Atlanta’s top targets in free agency if the team is still seeking a long-term answer at center at that point, sources tell Haynes. Thunder center Steven Adams, who has previously been linked to the Hawks, is still on the team’s radar and may be a target at the trade deadline or in free agency, Haynes adds.

According to Basketball Insiders’ data, the Hawks only have about $27MM in guaranteed money on their books for next season. That figure doesn’t include Jabari Parker‘s $6.5MM player option or cap holds for free agents, including potential RFAs DeAndre’ Bembry and Jones. But even after accounting for those costs, Atlanta will have more than enough cap space to aggressively pursue Drummond, Adams, or any other players they like.

The Pistons, meanwhile, continue to actively field inquiries on Drummond, according to Haynes. The Celtics, Mavericks, and Raptors were among the other teams said earlier this month to have interest in the NBA’s leading rebounder, though based on their assets and movable contracts, none of those clubs seemed to be as ideal a trade partner as Atlanta.

Photo courtesy of USA Today Sports Images.

Southeast Notes: Reddish, Parsons, Brown, Silva

Cam Reddish hasn’t been the shooter the Hawks were hoping for when they made him the 10th pick of the draft, but the organization hasn’t lost faith, writes Chris Kirschner of The Athletic. Reddish has been erratic during his first three months in the NBA, shooting 32% from the field and 27% from beyond the arc. Teams have started giving him plenty of space and daring him to shoot from long distance.

“I swear I just feel like it’s been bad luck — a lot of in-and-outs,” coach Lloyd Pierce said. “He’s had some awful ones; he’s had some that have been way off. But he’s had a lot where he’s been wide open in rhythm; I’m slowing the film down and watching it to try and critique where we can help him. It’s the same thing he’s practicing. I think the biggest thing for him is to continue to attack the rim.”

For now, Reddish makes his greatest contributions on defense. Kirschner states that he has become Atlanta’s best individual defender and often draws the most challenging matchup. Reddish said he didn’t expect that to be his primary NBA role, but it’s one he’s willing to accept as he searches for his offense.

“I know what it is,” he said. “But it doesn’t bother me when I’m shooting. I just missed. It happens. A lot of people miss. When I make it, it’s going to be a different story.”

There’s more from the Southeast Division:

  • Hawks forward Chandler Parsons was diagnosed with a concussion and whiplash after being involved in a car accident today, tweets Chris Haynes of Yahoo Sports. Parsons has been placed in the NBA’s concussion protocol (Twitter link).
  • One bright spot among the Wizards‘ injury woes has been the emergence of Troy Brown, writes Fred Katz of The Athletic. Given consistent playing time, the second-year swingman has averaged 14.7 points and 7.1 rebounds over the last 18 games. “I feel like I grew a lot this year in becoming a young man and maturing,” Brown said. “But last year — I don’t know — my confidence was just so up and down just based on playing time and stuff like that.”
  • Chris Silva‘s new three-year contract with the Heat is fully guaranteed at $1.6MM for next season, tweets Barry Jackson of The Miami Herald. Silva’s guarantee date for $1.8MM in 2021/22 will occur shortly after the end of next season.

Hawks May Shut Down Turner, Parsons For Foreseeable Future

Veteran Hawks guard Evan Turner said today that Atlanta brass told him and his fellow graybeard, forward Chandler Parsons, that they will be inactive going forward while the 7-28 Hawks look to develop their youth, according to Gary Washburn of the Boston Globe (Twitter link).

Washburn considers Turner, on an expiring $18.6MM contract, a viable candidate for a buyout. Turner thrived as a bench off-guard for the Trail Blazers from the 2016/17 season through the 2018/19 season, and could provide a similar function for a high-level contender. He has only appeared in 18 games for Atlanta.

Parsons, however, has struggled to stay on the court since signing a four-year, $94MM deal with the Grizzlies in 2016. Injuries have limited the 31-year-old Florida alum to appearing in just 100 of a possible 363 games for Memphis and the Hawks. He may have very limited value to any team going forward, except as a big contract to make a transaction work. Parsons is earning $25.1MM this season, but has played in just five games.

As Dana Gauruder has noted previously on Hoops Rumors, both Hawks players’ expiring contracts number among options that could be thrown in to help complete a deal for a player on a large contract. Andre Drummond of the Pistons, currently making $27.1MM in the final guaranteed year of his contract, has been floated as a possible trade target for Atlanta. Drummond has a $28.8MM player option for the 2020/21 season.

Hawks’ Chandler Parsons Talks Role, Contract, Future

Chandler Parsons, who is earning $25.1MM in the final season of the four-year contract he signed with Memphis in 2016, is technically the highest-paid player on the Hawks‘ roster this season, but has only appeared in four games for the team so far, logging just 43 total minutes.

Speaking to Bryan Kalbrosky of HoopsHype, Parsons raved about the upside of Atlanta’s young core and said it’s “cool” to be a veteran on a young team with room to grow. However, he also acknowledged that not getting more of an opportunity has been tough.

“It sucks. It really sucks,” Parsons said. “Obviously, I want to play. I want to help. I’m healthy and I’m in a contract year so I want to show the team that I’m healthy and I can play and I can definitely help this team win. But at the same time, I understand the objective here and I understand the operation and knowing that development, so I’m just staying ready.”

In his conversation with Kalbrosky, Parsons offered some interesting insight on the criticism he has taken since signing that four-year, maximum-salary contract in ’16, and what his future might hold going forward.

Here are some of the highlights from the discussion, which is worth checking out in full:

On how Parsons’ max contract and health problems impacted the perception of him:

“I think anybody with a brain in my situation would have taken the contract. It’s funny. People that are hating on it, if they were in my shoes or if their son was in my shoes, they would have told them to do the same thing. Right? Should I have predicted that I was going to be hurt and took less or took half the money? That’s psychotic.

“Now the contract is what it was and obviously, I didn’t live up to it. I think if I was healthy, I fully would have done that and I think it was on the path of being a really good player in this league and people are judged off of their salary and I understand that and that’s how it goes. It was out of my control as far as injuries go and not being able to play as much as I wanted to in Memphis sucked. But it’s silly when people hate on it. Anybody in their right mind would’ve done the same thing.”

On what he thinks he can still bring to an NBA team:

“I know that in today’s NBA I can definitely be a stretch forward. And I feel like, with these lineups, I can also even play the five. Also: twos and threes are the same positions so I can play two through five. And I can bring the ball up, I can shoot the ball and I’m 6’10”. There’s not a lot of people that can move like me who are this height. I’m tall, man.

“It’s always been about health with me and I’m the most healthy I’ve been in a long time. I’ve just got to sustain that and keep managing it. My knees feel great, my body feels great. Hopefully, it’s just a blessing in disguise that I’m not playing now and I’ll be ready. It sucks, but at the same time preserving my body and like I said… I’m dying to play but it’s out of my control.”

On what the 2020/21 season might hold for him:

“I think just to get on a team next year, on a financial friendly deal, it changes the whole look of you to the fans as well as you to the media and just you to everything. You see a lot of guys that do that. Dwight Howard on a max deal was awful. Dwight on an interim deal is phenomenal. Someone like Andre Iguodala, when he goes to say, the Lakers for minimum, he’s going to be this huge value and people are going to love him. That’s just how it goes. I have no complaints. I’ve played basketball in the NBA. I set up my future here. I still think there is still time to just show I can still play. I just turned 31. It’s still young and technically I should be in my prime.”

Chandler Parsons Cleared To Make Hawks Debut Tonight

New Hawks forward Chandler Parsons has been activated and is poised to make his season debut in tonight’s bout against the Clippers, tweets Marc Stein of The New York Times.

Parsons inked a four-year, maximum-salary contract with the Grizzlies in the great summer cap boom of 2016. However, knee and back problems limited him to 95 total games during the first three years of his contract. After protracted wrangling with Memphis in 2018/19, Parsons was flipped to Atlanta this summer. He has missed the first 11 games of Atlanta’s 2019/20 season.

Parsons flashed complementary All-Star potential in his time with the Rockets and Mavericks in the first four years of his NBA career. The 6’9″ sharpshooting forward was drafted with the 38th pick out of Florida in 2011, and outperformed modest pre-draft expectations until his body began to betray him at the tail end of the 2014/15 season.

The Grizzlies took a big swing in 2016, hoping their medical staff could mitigate his injury risks. Atlanta has significantly more modest expectations, and could use Parsons as a bench kick-out target for stud point guard Trae Young.

If Parsons is able to showcase flashes of his former self on his new team and stay healthy through early 2020, he may have a shot at postseason glory yet. His is an expensive expiring contract, and could be dangled by Atlanta in a trade to a team looking to clear cap space for this summer. It’s more likely that he will be bought out of his remaining contract by Atlanta and hit the buyout market. A reasonably healthy Parsons could serve as a nice floor-spacing bench addition for NBA teams looking to add cheap shooting for a spring playoff run.