Bulls Rumors

Hawks, Mavs, Kings Finalists For Monta Ellis?

3:44pm: The Bulls made a run at Ellis in hopes of acquiring him via sign-and-trade, but couldn't make the other roster moves necessary to complete a deal, according to Shams Charania of RealGM.com. Charania writes that the Kings appear to be in the lead for Ellis, with the Hawks and Mavs also in play. Whatever team Ellis decides on will likely have to make at least one roster move to create room for him.

2:46pm: A source tells TNT's David Aldridge that Ellis' decision may come down to the Hawks and Mavericks (Twitter link). Aldridge adds that Ellis remains interested in Sacramento, but the Kings' acquisition of Luc Mbah a Moute may take them out of the mix.

Meanwhile, in his full story on Ellis, Broussard goes into detail on each suitor's pursuit of Ellis, noting that the Mavs are hoping to land both Ellis and Andrew Bynum, and are shopping Shawn Marion in an effort to make room. The Hawks are considering a sign-and-trade involving Jeff Teague, the Bobcats are waiting to see what happens with Gerald Henderson, and the Kings are exploring trading Marcus Thornton, though again, the Mbah a Moute deal could reduce Sacramento's chances.

2:00pm: Among the free agents still on the board, none had a higher scoring average last season than Monta Ellis. But the top scorer on the market may not be available for long. According to ESPN.com's Chris Broussard (via Twitter), Ellis hopes to make a decision on his destination within the next 48 hours, choosing from a group of suitors that includes the Hawks, Kings, Bobcats, and Mavericks.

The Hawks and Kings have been the teams most often linked to Ellis in the last several days, though the Mavs were also identified as a potential destination for him earlier in the free agent period. I believe this is the first we've heard of the Bobcats' interest, though it's probably not "serious," according to Rick Bonnell of the Charlotte Observer (via Twitter). Depending on what other moves are made, and how big a starting salary Ellis receives, some of those teams may need to negotiate a sign-and-trade with the Bucks rather than signing him outright.

Ellis, 27, declined an $11MM player option to hit free agency, and also reportedly turned down a three-year, $36MM extension offer from the Bucks last season, so he'll likely be seeking a starting salary in that $10-12MM neighborhood.

2013 Amnesty Primer

Today is the last day of the July moratorium, which means NBA teams can officially resume full activity beginning tomorrow. In addition to signaling the end of the moratorium, July 10th also marks the first day that teams are eligible to amnesty players. This year's amnesty period will run from the 10th until the 16th — after that, teams that still haven't used their amnesty clause won't get another chance to do so until next July.

With amnesty week upon us, here's a refresher on how the process works, which teams still have the amnesty option available, and which players remain amnesty-eligible….

How does it work?

The amnesty provision provides a team an opportunity to clear a bad contract from its books for salary cap and luxury tax purposes. Although a team still has to pay the remainder of the amnestied player's salary, as it would for any released player, the player's salary no longer counts against the team's cap (except for minimum payroll purposes) when the amnesty clause is used. For instance, if and when the Lakers amnesty Metta World Peace, they'll still pay him his full $7,727,280 salary for 2013/14, but will remove that figure from the cap, significantly reducing the team's tax bill.

The amnesty provision can be used on any player, as long as the following rules are observed:

  • A team can only amnesty one player — not one player per season.
  • The amnesty provision can only be used on a player who signed his contract prior to July 1st, 2011. If a contract was signed, extended, or renegotiated after that date, the player cannot be amnestied.
  • A team can only use its amnesty provision on a player who was on its roster on July 1st, 2011. If a player was traded after that date, he cannot be amnestied.
  • The amnesty clause can only be used during the seven days following the July moratorium. If a team doesn't amnesty a player during that week, it won't get another chance to do so until the following July.
  • A team that has yet to use its amnesty clause can do so in any of the next three years. The 2015/16 season is the last year in which a player can be amnestied under the current CBA.

Amnestied players are placed on waivers, but the waiver rules are slightly different than usual. An under-the-cap team can still place a full waiver claim on an amnestied player, if it doesn't mind being on the hook for the rest of the player's contract. However, clubs also have the option to submit partial waiver claims, in what essentially amounts to an auction for the player's services. If no team places a full claim, the team with the highest partial claim is awarded the player. If two teams bid the same amount, the club with the worse record wins out. If neither a full or partial claim is submitted, the player becomes an unrestricted free agent.

For a few more details on the amnesty process, check out our complete explanation in the Hoops Rumors glossary.

Which teams still have the amnesty provision available?

Exactly half of the NBA's 30 teams have used the amnesty provision in the last two offseasons, leaving 15 clubs with the option of amnesty still at their disposal. These are the teams still in play, per our amnesty provision tracker:

  • Atlanta Hawks
  • Boston Celtics
  • Charlotte Bobcats
  • Chicago Bulls
  • Detroit Pistons
  • Los Angeles Lakers
  • Memphis Grizzlies
  • Miami Heat
  • Milwaukee Bucks
  • New Orleans Pelicans
  • Oklahoma City Thunder
  • Sacramento Kings
  • San Antonio Spurs
  • Toronto Raptors
  • Utah Jazz

The Pelicans no longer have any amnesty-eligible players left on their roster, and reports have suggested the Bobcats will amnesty Tyrus Thomas, while the Lakers will amnesty World Peace. That would leave just 12 teams with the amnesty option available.

Which players are still eligible to be amnestied?

While there are 35 players still eligible to be amnestied, some are likelier candidates than others. I examined a few of this summer's potential amnesty candidates back in March, but here's the complete list of players that technically remain amnesty-eligible, along with the total money left on their deals:

Lowe On Howard, Wizards, Teague, Pelicans

The surprise of the summer might not have been Dwight Howard's departure from the Lakers, but the quickness with which he decided to join up with the Rockets.  We're just a week into the free agency period, but executives are already taking the time to survey the entire landscape outside of their own milieu.  Zach Lowe of Grantland checked in with basketball people to get their take on things and unearthed some very interesting tidbits..

  • Lowe wonders why more clubs didn't put their toe in the water for Dwight Howard.  His educated guess after poking around is that the Wizards gave it a go while the Bulls, who were once a rumored trade destination, did not.  The Bulls have a stern culture, very good talent already on hand, and a tax complication, so Howard would have been a longshot and maybe not the best idea anyway.
  • The Jazz could have used their cap space this summer to sign Jeff Teague, who sources say is nearly unwanted in the Hawks organization.  We've heard previously that the point guard was upset with the lack of communication he's had with Atlanta this summer. 
  • Pelicans owner Tom Benson has told the front office that the team needs to take a significant step forward this season, according to several sources around the league.  That would help to explain their sizable commitment to Tyreke Evans this summer.
  • Other execs have pointed out that the Rockets tend to be sort of annoying, especially around draft day.  Daryl Morey & Co. make many, many phone calls, poking the market and chasing tiny deals that move them two spots up in the draft or add an extra second-round pick.  People knocked Morey for burning up the phone lines to chase the No. 9 seed a year ago and didn't seem long for Houston, but he has turned a roster with zero top-50 talent into a roster with two top-15 players.
  • As much as Houston says they want to hang on to center Omer Asik, Lowe would be surprised to see him finish the year with the Rockets.

Eastern Notes: Bulls, Garcia, Cavs, Knicks

As a pair of Bynums continue to draw interest from Eastern Conference teams, let's check out a few more noteworthy items from around the East….

  • Bulls GM Gar Forman has received plenty of calls this offseason from teams interested in discussing trades, but seems content to stand pat for one more year, writes Joe Cowley of the Chicago Sun-Times.
  • Francisco Garcia's agent, Aaron Goodwin, tells Marc Berman of the New York Post (Twitter link) that his client turned down an offer from the Knicks in part due to avoid losing his Bird rights.
  • The Cavaliers had interest in Nikola Pekovic, but the big man "wants to stay in Minnesota," a source tells Sam Amico of FOX Sports Ohio (Twitter link). For now, Cleveland appears to have shifted its attention to Andrew Bynum.
  • Jared Zwerling of ESPNNewYork.com passes along a few updates on the Knicks' potential free agent targets.
  • Scott Soshnick of Bloomberg Sports reports (via Twitter) that the 76ers have hired former MSG Sports president Scott O'Neil as their new CEO, with the team confirming the move in a press release. Former CEO Adam Aron will remain a Sixers co-owner and board member. Frank Isola of the New York Daily News first reported in June that O'Neil was close to joining the club in an executive role.

Cavs Notes: Clark, FA Targets, Korver, Dunleavy

The Cavaliers made a couple of moves this week, agreeing to terms with Earl Clark and Jarrett Jack, as our Free Agent Tracker Shows. They still figure to have close to $15MM in cap space remaining, so they're not done yet. Terry Pluto of the Plain Dealer, amid his look across the spectrum of Cleveland sports, passes along news on the Cavs' summer so far and what might be next, as we detail here:

  • Pluto has the value of Clark's deal at $8.5MM, slightly smaller than the $9MM total that Sean Deveney of The Sporting News originally reported.
  • The Cavs are in the hunt for a swingman who can shoot and a true center, according to Pluto. They were considering Kyle Korver before he agreed to re-sign with the Hawks, Pluto adds.
  • Pluto also confirms Marc Stein's ESPN report that Marco Belinelli passed up more money from the Cavs to go to the Spurs, and says that Mike Dunleavy did the same when he agreed to head to the Bulls.
  • Fellow Plain Dealer scribe Mary Schmitt Boyer answers reader questions in her mailbag column, and she touches on the notion of LeBron James returning to the Cavs.

Odds & Ends: Clippers, Pistons, Cavs, Ellington

The Clippers seem to be done with all their moves this summer and will probably just sign minimum level contracts from here on out, writes Eric Pincus of HoopsWorld (via Twitter). But Pincus also tweeted an update on the Clippers' salary info after the Darren Collison signing that used part of their available MLE earlier tonight.

The deal means Matt Barnes will get less as part of his announced re-signing with the Clippers yesterday. It was reported he'd worked out a three-year deal worth between $11-$12MM, but after Pincus' math that's likely to drop as they split the MLE with Barnes dropping to $10MM over three years.

Here's some more around the league, including teams pursuing free agent Wayne Ellington and the Cavs' future after signing Jarrett Jack.

  • League sources tell RealGM's Shams Charania that the Kings are eyeing free agent Sam Young of the Pacers.
  • Sam Amico of Fox Sports Ohio says free agent guard Wayne Ellington is drawing interest from the Bulls, Bucks and Pistons (Twitter).
  • About the Pistons, USA Today's Jeff Zillgitt says (via Twitter) that even though they landed free agent Josh Smith, they still want a point guard and shooting wing, the latter role one Ellington could fulfill.
  • Keith Langlois of Pistons.com says (via Twitter) that there are 34 players making over $13.5MM next season. He goes on to say that number helps put "youknowwhat" into perspective. We're guessing it's the four-year $54MM (or $56MM, with performance incentives) Josh Smith just agreed to signed for with the Pistons.
  • A source has told 1500ESPN.com's Darren Wolfson the Timberwolves are maintaining a regular dialogue with unrestricted free agent Alan Anderson's camp (Twitter).
  • Jason Lloyd of the Akron Beacon Journal takes a look at how the Cavs roster is beginning to take shape in the wake of their agreement with Jarrett Jack.
  • Lloyd adds (via Twitter) that the Jack signing probably ends their flirtation with Ellington, whom they didn't tender a qualifying offer because they wanted an upgrade of the kind Jack gives them.

Omer Asik Wants Out Of Houston; Pelicans In Mix?

8:01pm: There's no question Anderson would intrigue the Rockets, but the Pelicans are wary of giving him up without getting more than Asik in return, Wojnarowski tweets.

7:29pm: The Pelicans have shown strong interest in Asik, and are likely centering their offer on Ryan Anderson, tweets Adrian Wojnarowski of Yahoo! Sports.

5:53pm: A source tells Ken Berger of CBSSports.com that Omer Asik wants out of Houston, and other teams are already making pitches (Twitter link). Once a deal between the Rockets and Dwight Howard is finalized, Asik could be sent to the Hawks for Josh Smith, though the Mavs are also making a push, Berger adds via Twitter. I presume he means the Mavs are making a push for Asik and not Smith, but that's just my speculation. Chris Mannix of SI.com and Brian Windhorst of ESPN.com reported earlier details on the story, with Windhorst noting that the Hawks would sign to a sign-and-trade offer for Smith.

A destination that would appeal to Asik is the Bulls, where he began his career, tweets Adrian Wojnarowski of Yahoo! Sports. That would reunite him with coach Tom Thibodeau, who'd also be interested in such a deal. That might be more difficult for the over-the-cap Bulls to pull off than it is for the Hawks or Mavs, however. Asik has $16,749,292 left on his deal over the next two seasons. The Hawks won't rush in to any deal, according to TNT's David Aldridge, who says the team won't be making moves just to be "active," and any move would have to fit with the team's culture (Twitter link). 

Even if the Hawks aren't interested in Asik, several other teams, including the Warriors, are, tweets Ric Bucher of 95.7 The Game. Late last month a report surfaced indicating the Rockets were looking to unload Asik and Jeremy Lin, though Houston GM Daryl Morey backtracked from that story. Luke Adams of Hoops Rumors wondered if Morey's comments were simply to try to make sure Asik and Lin would still be on board if Howard passed on signing with the team, but it appears at least that Asik has been turned off. Lin would be tougher to move than Asik, Bucher points out, noting that many front offices view the point guard as a backup.

Windhorst raises the possibility of Asik heading to the Lakers in a Howard sign-and-trade, and notes that Asik doesn't want to play in any twin-tower Rockets lineups alongside Howard, either. While Asik's cap hit for the next two seasons will be around $8MM, he's actually owed more than $20MM total because of the way his deal with Houston was structured, per the Gilbert Arenas Provision.

Bulls Rumors: Aldridge, Adams, Robinson

The Bulls have made some noise in free agency so far, reaching an agreement with Mike Dunleavy and agreeing to re-sign Nazr Mohammed to a minimum-salary deal. The club also reportedly plans to release Richard Hamilton before his contract becomes guaranteed next week. Here are a few more updates out of Chicago as the Bulls continue to tweak their roster:

  • Within a piece about the relationship between head coach Tom Thibodeau and star point guard Derrick Rose, K.C. Johnson of the Chicago Tribune passes along an intriguing tidbit on LaMarcus Aldridge. According to Johnson, the Bulls "continue to rebuff attempts" by Aldridge's reps to bring the All-Star big man to Chicago. The Bulls have been unwilling to discuss a hypothetical deal that would see them give up Joakim Noah and Jimmy Butler for Aldridge, sources tell Johnson.
  • As Hoops Rumors' agency database shows and as Johnson suggests, Aldridge and Rose are both represented by Wasserman Media Group.
  • Johnson notes within the same article that GM Gar Forman's decision to part ways with lead assistant Ron Adams was related to Adams' "complaining about personnel matters."
  • The Bulls have been in touch with Nate Robinson and have offered a minimum-salary deal, according to Alex Kennedy of HoopsWorld (via Twitter). However, Robinson is seeking a bigger multiyear contract after a successful season in Chicago.

Central Rumors: Pistons, Rondo, Pacers, Bucks

With new general managers taking over for a handful of NBA franchises this offseason, there's a chance that organizational philosophies or approaches could shift drastically in some instances. The Pistons are hoping that's the case with the Raptors, offering up a package of expiring contracts to Toronto in exchange for Rudy Gay, who was acquired by old head of basketball operations Bryan Colangelo.

However, Grantland's Zach Lowe tweets that he'd be "blown away" if the Raptors accepted Detroit's offer without a significant sweetener. And as Ryan Wolstat of the Toronto Sun notes (via Twitter), just because an offer is on the table, it doesn't mean the Raptors have to take it, as several teams have made "unimpressive" proposals for Gay.

Here's more on the Pistons and their Central Division rivals:

  • Vincent Goodwill of the Detroit News tweeted yesterday that the Pistons would be at the front of the line if the Celtics make Rajon Rondo available. While Boston GM Danny Ainge continues to insist he's not interested in moving Rondo, despite plenty of incoming calls, Ken Berger of CBSSports.com also reports that the Pistons have made their interest clear in case Ainge changes his mind.
  • Within Berger's piece, the CBSSports.com scribe says the Pacers have explored potential trades involving Danny Granger and/or Gerald Green. However, they're finding "no market" for either player so far.
  • The Pistons remain interested in Josh Smith and Andre Iguodala, but are reluctant to engage in a bidding war, tweets Jeff Zillgitt of USA Today.
  • The Bucks may be emerging as the leading suitor for J.R. Smith, writes Marc Berman of the New York Post, pointing out that deals for J.J. Redick and Kevin Martin could set Smith's market value at $7MM+ per year. That would be more than the Knicks are able to offer.
  • Prior to reaching an agreement with Mike Dunleavy, the Bulls viewed him as their top priority in free agency, tweets Gery Woelfel of the Racine Journal Times.

Eastern Rumors: Jefferson, Knicks, Robinson

Here's a look at the latest from the Eastern Conference on a busy first evening of free agency:

  • Al Jefferson will be meeting with the Bobcats on Wednesday, reports Adrian Wojnarowski of Yahoo! Sports, but Rick Bonnell of the Charlotte Observer doesn't believe much will come of it (Twitter links).  
  • The small forward position is still a need for the Knicks and they inquired about both Francisco Garcia and Matt Barnes, according to Marc Berman of the New York Post (via Twitter).
  • The Knicks spoke with Nate Robinson's representatives, but don't count on the diminutive point guard winding up back in New York, Berman tweets.
  • The Celtics are set to be a taxpayer in 2013/14, but president of basketball operations Danny Ainge hinted today that the team will try to get under the tax line, as Chris Forsberg of ESPN.com notes. Still, it looks like Rajon Rondo will be sticking around Boston.
  • The agreement between Mike Dunleavy and the Bulls figures to help second-rounder Erik Murphy make the Chicago roster, tweets K.C. Johnson of the Chicago Tribune. 
  • Beno Udrih's agent told Sean Deveney of the Sporting News (on Twitter) that his client is "less likely" to re-sign with Magic but a return is "not impossible".  The Pinnacle Management client has ten teams interested in him, according to his agent, though he wasn't specific on which clubs.  Deveney has heard that the Wizards and Celtics are among those with interest, though the Wizards are probably out, with Eric Maynor coming aboard.
  • The Pacers officially announced that they have hired Nate McMillan as associate head coach.
  • Patrick Ewing will be Steve Clifford's associate head coach in Charlotte, with Bob BeyerStephen SilasBob Weiss and Mark Price filling out the Bobcats staff, according to a team press release.

Zach Links contributed to this post.