Bulls Rumors

What’s Next For Unsigned Restricted Free Agents?

An unusually high number of notable restricted free agents remain unsigned as August nears its halfway point, and the rumor mill has been quiet on those players as of late. After the league-wide free agent spending spree in the summer of 2016, many of these RFAs likely entered free agency this year anticipating huge paydays, and were disappointed to see many potential suitors use up their cap room quickly.

Here’s the current list of restricted free agents still on the board:Nikola Mirotic vertical

The updates on those players have been few and far between over the last month or so. Early in free agency, Green’s agent seemed pessimistic about his client remaining in Memphis, suggesting that the Grizzlies seemed to be going in a “different direction.” However, with no offer sheet yet in hand, Green still looks like a decent bet to stay with his current team.

Plumlee, meanwhile, may not have as clear as role as the Nuggets initially envisioned when they acquired him, since the team nabbed Paul Millsap in free agency. Denver gave up a lot in the trade for Plumlee and presumably still wants to bring him back as Nikola Jokic‘s backup at center. But with Millsap making approximately $30MM annually and Jokic due for a mega-deal of his own as soon as next summer, the Nuggets may be reluctant to invest heavily in Plumlee as well.

As for Len, Mirotic, and Noel, there has been little indication that they’re going anywhere — all three of their respective teams still have a ton of cap flexibility, and could comfortably match virtually any offer sheet they’re dealt. Those offer sheets just don’t seem to be out there right now, since almost every team with the ability to make a big offer has its own RFA to worry about.

Besides Phoenix, Chicago, and Dallas, there are a small number of teams that could make an aggressive offer for a restricted free agent. The Sixers are really the only other club with a significant amount of leftover cap room, and based on their one-year agreements with J.J. Redick and Amir Johnson, it appears Bryan Colangelo and company want to avoid multiyear commitments that would compromise their 2018 cap space.

So what’s next for these restricted free agents? October 1 is the next key date to watch. That’s the day that each RFA’s qualifying offer will expire. Up until that point, any of those five players could accept the qualifying offer and play on a one-year deal, opting to try his luck at the open market again in 2018 as an unrestricted free agent. Green, Len, Mirotic, Noel, and Plumlee all figure to still be looking for longer-term deals, but it wouldn’t surprise me to see one or two of them signs that QO.

If an RFA situation remains unresolved beyond October 1, the player is still restricted, but no longer has the option of accepting his qualifying offer. With the regular season fast approaching at that point, players don’t have much leverage, and a situation can go south in a hurry.

A year ago, it was December before Donatas Motiejunas finally found an offer sheet, but that lucrative four-year deal with the Nets fell through after Houston matched it — the Rockets and Motiejunas couldn’t agree on incentive details, the forward skipped his physical, and the two sides eventually parted ways. Motiejunas, who later signed for the minimum and is now out of the NBA, could act as a cautionary tale this fall for RFAs who don’t yet have a deal when training camps begin.

Photo courtesy of USA Today Sports Images.

And-Ones: Sellers, Superteams, Ayres

After a quiet offseason, the Magic could be one of the league’s biggest sellers, Steve Kyler of Basketball Insiders writes. Other teams that could look to aggressively shop their assets include the Suns and Hawks.

Orlando’s front office was smart to lay low and gauge their own in-house talent, Kyler says, now they’ll look to start shaping their future with a number of notable trade chips ranging from Nikola Vucevic on a $12.3MM contract to D.J. Augustin ($7.3MM).

Phoenix, having stockpiled youth for years, could be in a similar boat, eager to unload contributing pieces to the highest bidder. While linked to Kyrie Irving for much of the past few weeks, the Suns won’t be afraid to shop players like Tyson Chandler or Eric Bledsoe around elsewhere if it means they can improve their standing as a franchise.

Kyler notes that the Hawks, fresh off of a summer that saw them part ways with Paul Millsap and Dwight Howard, could be in the market to deal. The club, he says, is in full-rebuild mode now after a year of half measures.

The Nuggets, Bulls and Lakers, Kyler says, could also be sellers over the course of the 2017/18 campaign.

There’s more from around the league.

  • Former NBA big man Jeff Ayres has signed a contract to play with Eskisehir Basket in Turkey, Emiliano Carchia of Sportando reports.
  • An ESPN Insider report penned by Kevin Pelton zeroes in on the league’s most recent transactions, suggesting that the Knicks‘ move to land Michael Beasley could reflect that the organization is bracing for a future without Carmelo Anthony.
  • The Superteam Era has hurt the chances small market teams have to compete and there’s no sign that it will end any time soon, Chris Mannix of The Vertical writes. So long as players are willing to forego max money in order to sign with other stars, there’s little the league can do to curb it.

Poll: Which Central Team Had Best Offseason?

When we asked last week which Atlantic and Northwest teams have enjoyed the best offseasons of 2017, there were a handful of teams deserving of consideration. Several of the 10 teams from those divisions landed star players or deftly maneuvered the salary cap to upgrade their rosters in other ways.

In the Central division, the candidates are a little less impressive.

The Bulls and Pacers were on the other end of two of those trades that sent All-Star players to Northwest teams, with the clubs trading away Jimmy Butler and Paul George, respectively. In both cases, the return left something to be desired — Chicago received Zach LaVine, Kris Dunn, and Lauri Markkanen, while the Pacers landed Victor Oladipo and Domantas Sabonis.

Indiana has at least has made some savvy moves in the weeks since the George trade, picking up Cory Joseph, Darren Collison, and Bojan Bogdanovic on affordable contracts, while the Bulls have only re-signed Cristiano Felicio and added Justin Holiday.

The defending Central – and Eastern – champions may join those two teams soon in having traded away an All-Star player, but for now Kyrie Irving remains with the Cavaliers. Cleveland’s offseason grade is probably incomplete until we see what the team does with Irving, but so far the Cavs’ summer moves have been somewhat underwhelming. The additions of players like Derrick Rose, Jeff Green, Jose Calderon, and Cedi Osman were solid, but they were hardly the sort of transformative moves the clubs envisioned heading into the offseason.

The up-and-coming Bucks showed signs last season suggesting they could be an Eastern Conference force within the next year or two, but with Greg Monroe and Spencer Hawes opting into their respective contracts, Milwaukee’s flexibility to make additions has been limited. Outside of re-signing Tony Snell, the Bucks have essentially been quiet in free agency — the team’s most notable additions came in the draft, when D.J. Wilson and Sterling Brown joined the roster.

Of the five Central teams, the Pistons have perhaps been the most active in adding roster reinforcements, though your view of their offseason may hinge on how you feel about Kentavious Caldwell-Pope. Detroit let its top restricted free agent walk, opting to replace him by signing Langston Galloway and trading Marcus Morris for Avery Bradley. Other minor moves for the Pistons included re-signing Reggie Bullock and adding Anthony Tolliver.

What do you think? Which of the Central division teams had the best offseason? Did any of these teams take positive steps forward with their summer moves? Vote below in our poll and then jump into the comment section to share your thoughts.

Trade Rumors app users, click here to vote.

Previously:

Bulls Sign Ryan Arcidiacono To Two-Way Deal

AUGUST 1: The Bulls have officially signed Arcidiacono to a two-way contract, the team confirmed today in a press release.

JULY 24: The Bulls have agreed to a deal with Ryan Arcidiacono, Daniele Labanti of Corriere Di Bologna reports. Sean Highkin of The Athletic confirms the signing and adds that it will be a two-way deal.

The Bulls now have used both of their two-way contracts with the team adding Antonio Blakeney to a contract last week. You can keep up with every team’s two-way contract signings with our 2017/18 NBA Two-Way Contract Tracker.

The Villanova product played for Chicago’s Summer League team in Las Vegas this offseason. He was set to play for JuveCaserta Basket in Italy before the team was excluded from the Italian League Series A because of financial difficulties.

Anthony Morrow Still Looking For Offers

  • Nearly a month into free agency, former Thunder shooting guard Anthony Morrow is still trying to find a team, notes Berry Tramel of The Oklahoman. Morrow, who will turn 32 in September, was shipped to Chicago at the February trade deadline after spending two and a half years in Oklahoma City. He was expected to get more playing time with the Bulls, but appeared in just nine games and averaged 9.7 minutes after the deal. OKC already has 16 players on its roster, so a return to the Thunder seems unlikely.

Central Notes: Rose, Parker, Mirotic, Harris

Newest Cavaliers point guard Derrick Rose, who signed with the club on a one-year, $2.1MM veteran’s minimum contract, is viewed by the team as a backup, Cleveland.com’s Chris Fedor writes. New Cavs general manager Koby Altman was careful in describing his new point guard, stating that the former Most Valuable Player will be an asset off the bench.

Entering free agency, Rose reiterated on many occasions that his goal was to sign a max contract in free agency. After a decent – if unspectacular – year with the Knicks in 2016/17 that ended with knee surgery, Rose’s free agency destinations dwindled, as did his salary. However, Altman noted that Rose was mostly interested in a winning environment.

“He wanted to be in a place where he can play with excellent players and a place where he can play in meaningful games,” Altman said at his introductory press conference.. “It’s funny, he uses the term, ‘I just want to hoop.’ He just wants to be here. He’s excited to be here. He’s in a great space mentally and his body looks great and we’re really excited about him. He came here for the opportunity to win. He came here for the opportunity to play with other great players.”

Rose, still just 28 years old, will focus on helping the team, even if it means sacrificing playing time.

Below are additional links around the Central Division:

  • Bucks‘ forward Jabari Parker is recovering from a second tear of his ACL but is recovery is going well, he tells ESPN’s Nick Friedell. The 22-year-old has previously suffered a tear in the same ACL but despite not having a return date in mind, he expects to be back on the court this upcoming season.
  • Pistons head coach Stan Van Gundy views Tobias Harris as a starter but it will be up to the rest of the team’s performance to see if he becomes a starter, NBA.com’s Keith Langois writes.
  • Nikola Mirotic, who is currently in talks with the Bulls, will not play in Eurobasket 2017, according to Sportnado. Mirotic’s focus is his NBA career, the brief report states.

Bulls, Blazers, Raptors Hold Largest Trade Exceptions

When an over-the-cap NBA team sends out more salary than it receives in a given trade, that team can generally create a traded player exception. As we explain in our glossary entry, a traded player exception serves as a way for a team to acquire talent without using cap room to do so.

Traded player exceptions last for one year from the time they’re created, and can be used to absorb a player’s contract in a trade without sending out any salary in return. Trade exceptions can’t be combined with another exception or another contract, but they have $100K worth of wiggle room. So, a team with a $9.9MM TPE could trade for a player earning $10MM without any outgoing salary involved in the deal.

In recent weeks, a handful of teams – including the Hornets, Clippers, and Cavaliers – have seen trade exceptions created last July expire without being used. However, none of those TPEs was substantial. All of this year’s biggest TPEs are still available, though some are more likely to be used than others.

Here’s the current list of the top 10 traded player exceptions available around the NBA, along with each TPE’s expiration date:

  1. Chicago Bulls: $15,311,329 (6/22/18)
  2. Portland Trail Blazers: $12,969,502 (7/25/18)
  3. Toronto Raptors: $11,800,000 (7/13/18)
  4. Toronto Raptors: $7,630,000 (7/14/18)
  5. Los Angeles Clippers: $7,273,631 (6/28/18)
  6. Milwaukee Bucks: $5,000,000 (2/23/18)
  7. Oklahoma City Thunder: $4,936,529 (11/1/17)
  8. Cleveland Cavaliers: $4,837,500 (1/7/18)
  9. New Orleans Pelicans: $3,517,200 (2/20/18)
  10. Oklahoma City Thunder: $2,550,000 (7/6/18)

While some of these TPEs are quite sizable, there’s a good chance that most of them will go unused. Many of the clubs on this list are near or above the luxury tax threshold, and will be reluctant to acquire an expensive player without dumping any salary as part of the deal.

The Blazers, Raptors, Clippers, Bucks, Thunder, and Cavaliers all fit that bill, though some of those clubs may be willing to bite the tax-penalty bullet, while others could wait until next July when some contracts expire to use their respective TPEs.

As for the Bulls, no team has a more significant TPE than the one Chicago created as part of June’s Jimmy Butler trade. But that exception is somewhat hollow at the moment — the Bulls only have $73.25MM in guaranteed salaries on their 2017/18 cap, so the club could actually create an even greater chunk of cap room by renouncing its trade exception, along with its other cap holds and exceptions. Still, there’s no reason to do that now. That TPE could come in handy later if the Bulls re-sign Nikola Mirotic and much of that potential cap space disappears.

The full list of current NBA trade exceptions can be found right here.

Cavaliers Were Close To Acquiring Paul George

The Cavaliers nearly landed Paul George in a three-team deal in late June, according to ESPN’s Ramona Shelburne, Dave McMenamin and Brian Windhorst.

The trade would have sent Kevin Love to Denver and Gary Harris and other assets to Indiana, but Pacers president Kevin Pritchard reportedly backed out before everything was finalized.

Prior to the draft, Cleveland made trade offers to the Pacers for George and to the Bulls for Jimmy Butler. Once the Wolves acquired Butler on draft night, the Cavs stepped up their efforts for George, with the Nuggets agreeing to send Harris and the No. 13 pick to Cleveland, which would include those assets in a deal with Indiana. However, the Pacers put the trade on hold as they talked to the Trail Blazers about a deal to acquire all three of Portland’s first-rounders in exchange for George. Both proposals eventually fell through.

The Cavs continued to work on the trade following the draft, and an agreement was reached on June 30th. All three teams tentatively okayed to the deal on a conference call, and Cleveland began targeting free agents to fit with George. However, Pritchard changed his mind and the news broke soon after that George was headed to Oklahoma City.

The failed trade was part of a tumultuous offseason for the Cavaliers, as the ESPN authors examine in a lengthy piece. Cleveland also parted ways with GM David Griffin and was unable to land Chauncey Billups, who interviewed twice as a potential replacement. The team missed out on marquee free agents and had to settle for Jose Calderon and Jeff Green. Then star guard Kyrie Irving held a meeting with owner Dan Gilbert on July 7th where he issued a request to be traded.

Irving was reportedly angry that his name had been included in offers for Butler and George, and has been unhappy for some time with how much James dominates the ball. He also believes the team defers too much to James, noting that LeBron’s friend, Randy Mims, was given a position as executive administrator and flies on the team plane, while none of Irving’s friends has a similar arrangement.

The front office and the players have been aware of Irving’s intentions for two weeks, and there is confidence in the organization that the team can get enough assets for Irving to remain a contender. The Cavs have been inundated with calls from interested teams since the story broke on Friday.

Latest On Kyrie Irving

Kyrie Irving‘s request to be traded is the latest story to rock the league during an eventful offseason. The news broke Friday, but Irving’s meeting with Cavaliers owner Dan Gilbert took place about two weeks ago, according to Terry Pluto of Cleveland.com.

The Cavs tried to keep it quiet so they could work on a deal without the distractions that are starting to happen now. Apparently some players learned about the news and started talking, which is how the trade request became public.

Pluto also speculates that Irving’s demand validates rumors last month that former Bulls star Jimmy Butler was warned by Cavaliers players not to push for a trade to Cleveland. They have a close friendship, so Irving may have told Butler that he was planning to leave the team. Butler was subsequently traded to the Timberwolves, one of the teams Irving included on his list of preferred destinations, along with the Spurs, Knicks and Heat.

There’s more today on the Irving trade front:

  • The Wolves have a strong interest in acquiring Irving, even though they just signed former Pacers point guard Jeff Teague, Pluto adds in the same story. Pluto believes the Cavs should ask for Andrew Wiggins, whom the Cavs made the overall No. 1 draft pick in 2014, as part of the deal. Butler and Karl-Anthony Towns are untouchable, but Wiggins will be a free agent next summer if he doesn’t sign an extension before the October deadline.
  • The Knicks have offered Carmelo Anthony and a parcel of draft picks, adds Pluto, who says Cleveland should insist on Kristaps Porzingis. Other teams that have expressed interest include Sacramento, with rookie De’Aaron Fox as part of the offer, and Phoenix, with a package centered around Eric Bledsoe.
  • Pluto also notes that a trade would take away Irving’s opportunity to sign a super-max extension like the one John Wall just agreed to with the Wizards. The move could cost Irving between $50MM and $70MM.
  • Butler and Towns have done some recruiting work with Irving and have made it clear to Wolves management they would like to acquire him, according to ESPN’s Brian Windhorst, who first broke the story of Irving’s trade request. Windhorst believes Teague would likely be included in any Minnesota-Cleveland deal and notes that as a newly signed free agent he can’t be traded until December 15th.
  • The Spurs would be Irving’s first choice if he could pick a team, writes Adam Zagoria of Zagsblog.
  • The Cavaliers had a deal on the table involving Irving before the draft, according to Joe Vardon of Cleveland.com. The trade was put together by former GM David Griffin, but the Cavaliers didn’t pull the trigger because they didn’t know that Irving wanted to leave.

Derrick Rose Meeting With Lakers, Decision Expected Soon

2:07pm: Rose will likely make a decision this weekend, tweets Sam Amick of USA Today. The Lakers and Cavs appear to be the favorites, but Amick notes that Rose’s agent – B.J. Armstrong – has also been talking with the Bulls.

The Bulls are an unexpected addition — they already have a handful of point guards and a reunion with Rose doesn’t seem to make a lot of sense for the team at this point, so we’ll see if there’s any follow-up on that front.

1:15pm: The Cavaliers are reportedly engaged in “serious” discussions with Derrick Rose, but Cleveland isn’t the only team pursuing the veteran point guard. According to Chris Haynes and Ramona Shelburne of ESPN.com, the Lakers have a Thursday meeting lined up with Rose.

[RELATED: Available 2017 NBA Free Agents]

The Lakers have been in the market this summer for a veteran point guard to serve as a mentor for rookie – and Summer League MVP – Lonzo Ball. The club used its remaining cap room to sign Kentavious Caldwell-Pope, but still has the $4.328MM room exception available to offer free agents.

If Rose’s decision comes down to Cleveland vs. Los Angeles, he’ll have to weigh a handful of competing factors. ESPN’s report suggests that playing on a contender will be a consideration for Rose, and that would be a big check mark in the Cavs’ favor. Playing in Cleveland would also allow the former MVP to be closer to his family in Chicago.

However, the Lakers hope to pitch Rose on the fact that they can offer him a larger contract and more playing time, per ESPN. As Haynes tweets, sources say that Rose “just wants to play ball,” so if the Lakers can sell the free agent point guard on a significant, defined role, it’s possible they’ll gain the upper hand on the Cavs.

The Bucks have also met with Rose, though it’s not clear if they’re still in play as a potential landing spot.