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Eastern Notes: Knicks, Cavs, World Peace

July 13th, 2013 at 11:41pm CST by Spencer Lund

A source tells Jared Zwerling of ESPNNewYork.com that the Knicks have expressed interest in Samuel Dalembert. Knicks GM Glen Grunwald was chatting with Dalembert’s agent from Pinnacle Management Corporation, at Summer League yesterday (Twitter link).

Frank Isola of the New York Daily News believes Isiah Thomas is the best chance the Knicks have to snag Metta World Peace, if he clears waivers, with the remaining $1.7MM from their mini mid-level exception.

Metta recently spoke with Dave McMenamin of ESPNLosAngeles.com. They discussed Metta’s working with LeBron James and Kevin Durant as a player development coach, what competition means to him, and why he’s such a big fan of LeBron (all Sulia links)

Here's some more from around the Eastern Conference…

Jim Baubach of Newsday on why the undrafted C.J. Leslie might be a keeper for the Knicks.
The Cavs should return to relevance much faster than the NBA standard writes the Akron Beacon Journal’s Jason Lloyd
Bud Shaw of the Cleveland Plain Dealer on Andrew Bynum and the friction he’s already experienced while on the Lakers with new Cavs head coach Mike Brown.
Keith Pompey of the Philadelphia Inquirer with a roundup of what he learned about some of the Sixers’ new additions during Orlando Summer League action.
Charles F. Gardner of the Milwaukee Journal Sentinel tweets that Larry Sanders was cheering on his Bucks teammates at Las Vegas’ Summer League from the bench.
A noticeably slimmed down Carlos Boozer was watching his younger brother Charles Boozer play for the Bulls Summer League team in Las Vegas today reports K.C Johnson at the Chicago Tribune.

Central Links: Bulls, Cavs, McMillan

July 13th, 2013 at 7:56pm CST by Spencer Lund

The Chicago Tribune's K.C. Johnson spent some time with Bulls coach Tom Thibodeau today, and the coach provided him some insights into the the team's offseason plans–including the signing of the Bucks' Mike Dunleavy.

Of Dunleavy, Thibs said that he complements Derrick Rose and Carlos Boozer "extremely well," and "he moves well with the ball. We think he's a great fit" (Twitter link). Speaking of Rose, whom Thibodeau gushed about last month, the Bulls coach continued to praise his star's progress to Johnson via Twitter. According to Thibs, the summer has given Rose even more time to build his confidence and his leg strength, finally adding "He looks great."

Johnson's conversation with Thibodeau failed to touch on the relationship between Bulls general manager Gar Forman (Twitter link) and former assistant Ron Adams, who the Celtics may be looking to add to their bench.

Here's what else is happening around the Central division tonight…

Racine Journal Times columnist Gery Woelfel relays the same Thibodeau thoughts on Dunleavy and adds, via Twitter, that the Bulls got a strong endorsement for Dunleavy from his former college coach, Mike Krzyzewski.
The Cavs appeared to have an excess of front court players after drafting Anthony Bennett with the number one pick and signing Andrew Bynum. That's the roster question the Cleveland Plain Dealer's Mary Schmitt Boyer answers in her Saturday night mailbag.
Cavs GM Chris Grant says he's been high on free agent signee Jarrett Jack ever since the guard came out of college. That's when Grant, then a member of the Hawks’ front office, was part of an unsuccessful effort to trade up to select Jack. Bob Finnan of the News-Herald provides details via Sulia.
Jodie Valade of the Cleveland Plain Dealer opines that the Cavs’ recent draft picks and free agent signings allow them more flexibility and options.
Bob Kravitz of the Indianapolis Star suggests the Pacers’ biggest off-season move may have been hiring Nate McMillan as an assistant coach.

Bulls Re-Sign Nazr Mohammed To One-Year Deal

July 11th, 2013 at 11:15am CST by Luke Adams

JULY 11TH: The Bulls have officially confirmed their deal with Mohammed, announcing the move in a press release.

JULY 2ND: The Bulls and Nazr Mohammed have reached a verbal agreement on a one-year deal that will bring Mohammed back to Chicago, according to Aggrey Sam of CSNChicago.com (via Twitter). Sam reports that the new contract for the Excel Sports client is worth the veteran's minimum, which will be $1,399,507.

After signing the same one-year, minimum-salary deal with the Bulls last summer, Mohammed appeared in 63 games for the club, averaging 2.6 PPG and 3.1 RPG in 11.0 minutes per contest. Of all the Bulls' free agents this summer, Mohammed always appeared to be the most likely to return to Chicago for another season.

Now that they have an agreement in place with Mohammed, the Bulls have filled two spots on their bench through free agency. The team also agreed to terms on a two-year contract with Mike Dunleavy yesterday.

Odds & Ends: Johnson, Blair, Mavs, Deng, Jazz

July 11th, 2013 at 12:51am CST by Chuck Myron

Pistons president of basketball operations Joe Dumars introduced free agent signee Josh Smith to the media today, but Dumars says he isn't done upgrading the roster, as Rod Beard of the Detroit News observes. The team also brought Rasheed Wallace aboard as an assistant coach this week, providing a link to its championship past. Here's more from the rest of the league as teams and players covet the Larry O'Brien trophy:

Chris Vivlamore of the Atlanta Journal-Constitution hears Ivan Johnson is drawing interest from several teams, including the Hawks (Twitter link). Atlanta declined to offer Johnson a qualifying offer this summer, but the team can still re-sign him as an unrestricted free agent. Johnson let go of agent Larry Williams last week.
The Mavs have "poked around" free agent DeJuan Blair, as Jeff Caplan of NBA.com tweets, so it appears the club may have some level of interest. The team is focusing on its frontcourt, and GM Donnie Nelson doesn't think the Mavs will be bringing on any more guards, as Dwain Price of the Fort Worth Star-Telegram notes at the end of his roundup.
Tim MacMahon of ESPNDallas.com thinks the Mavs should have been more willing to take a risk on Andrew Bynum.
An NBA GM from outside the Bulls organization tells Aggrey Sam of CSNChicago.com that Luol Deng could command between $11MM and $12MM on the open market next summer. Deng and the Bulls appear to be working toward an extension (Twitter link).
The Jazz may have had "different conversations with Mo Williams" if the team hadn't wound up with Trey Burke on draft night, GM Dennis Lindsey told reporters today, including Jody Genessy of the Deseret News (Twitter link).
Royce White, who's headed to the Sixers via trade, intends to play for the team, but is still reluctant to make frequent flights, as he tells Randy Peterson of the Des Moines Register (link via USA Today).

Bulls Release Richard Hamilton

July 10th, 2013 at 6:34pm CST by Luke Adams

JULY 10TH: The Bulls have waived Hamilton, tweets Mike McGraw of the Daily Herald.

JULY 2ND: With Richard Hamilton's full salary for 2013/14 set to become guaranteed if he's not waived on or before July 10th, the Bulls will indeed release him before that happens, tweets Ken Berger of CBSSports.com. By cutting Hamilton, the Bulls will save $4MM, as only $1MM of his $5MM salary is guaranteed.

The move comes as no surprise, as the Bulls have shopped Hamilton multiple times in the past in the hopes of shedding his contract. With Chicago projected to be in luxury-tax territory next season, getting out from under $4MM of Hamilton's salary will actually save the Bulls significantly more than that in tax payments.

Mike Dunleavy figures to get not only some of the money the Bulls will save by cutting Hamilton, but also many of the minutes that the veteran guard would have played. Dunleavy agreed to a two-year contract likely worth the mini mid-level exception with the Bulls yesterday.

As Berger tweets, if he can be had for a reduced salary, Hamilton still represents a decent option for a contending team. Jared Zwerling of ESPNNewYork.com (Twitter link) expects the Knicks to at least kick the tires on the veteran shooting guard, who shares an agent (Leon Rose) with Carmelo Anthony.

Bulls Sign Tony Snell, Erik Murphy

July 10th, 2013 at 4:17pm CST by Luke Adams

The Bulls have officially inked their pair of 2013 draft picks to deals, the team announced today in a press release. First-rounder Tony Snell will receive a standard rookie-scale contract, while Erik Murphy's years and dollars aren't known.

Snell, the 20th overall pick in the draft, should earn a first-year salary of about $1.41MM, as our chart of rookie cap holds shows. As the 49th overall pick, Murphy is likely in line for a minimum-salary contract. It may be for multiple seasons, though it's not a lock to be fully guaranteed.

Luol Deng, Bulls Continue Extension Talks

July 10th, 2013 at 3:15pm CST by Luke Adams

The Bulls and Luol Deng have continued to discuss a possible new deal for the veteran forward, according to Adrian Wojnarowski of Yahoo! Sports. Wojnarowski reports that GM Gar Forman met with Deng's reps in Chicago earlier this week to talk about the parameters of a potential extension.

Wojnarowski had previously reported that Deng and the Bulls were exploring a long-term deal, though agent Herb Rudoy denied that there had been any discussions between the two sides. At that time, I noted that since Deng wasn't the sort of player who would land a max deal when he hits the open market, it could make sense for him to consider extending his contract now.

According to Wojnarowski, several league executives believe Deng's value may fall somewhere in between Andre Iguodala's four-year deal for $48MM and Josh Smith's four-year, $56MM pact. Deng is only eligible to add three new seasons to the last season of his current contract. Since he's making $14,275,000 this year, an extension in between Iguodala's and Smith's total would mean adding three more years worth about $12-13MM annually.

The two sides could potentially come to terms at any point before next summer, so there should be no real rush on anyone's part to come to an agreement soon.

Bulls Sign Mike Dunleavy

July 10th, 2013 at 10:57am CST by Chuck Myron

JULY 10TH: The Bulls have officially signed Dunleavy, according to a press release from the team.

JULY 1ST: The Bulls and Mike Dunleavy have a verbal agreement on their rumored deal, tweets Marc Stein of ESPN.com. Chicago will likely bring the 32-year-old swingman aboard using their mini mid-level exception, as Adrian Wojnarowski of Yahoo! Sports pegged two years and $6MM as the terms of the agreement.

Dunleavy, who spent the past two seasons with the Bucks, spurns the Rockets, Mavs, Lakers Wolves and Knicks to head to Chicago, where he's reportedly intrigued with the idea of playing with Derrick Rose. He'll provide size, shooting and scoring punch off the bench for the Bulls, as the 6'9" Dunleavy has averaged double-figure scoring for nine of his 11 years in the league.

I looked at his free agent stock in the spring, figuring he and agent Arn Tellem might go for the mini mid-level with a contending team if his father didn't wind up with a coaching job somewhere. There are still a couple of head coaching vacancies, but it doesn't appear as though Mike Dunleavy Sr. will be getting back in the league this season.

2012/13 Taxpaying Teams

July 10th, 2013 at 7:50am CST by Luke Adams

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

July 9th, 2013 at 3:49pm CST by Luke Adams

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.