Kennedy On McGrady, Martin, O’Neal, Arenas
It wasn't long ago that we heard the Bulls had some interest in signing Tracy McGrady, but that possibility no longer appears realistic. After signing first-round pick Marquis Teague, the Bulls are only about $758K under their hard cap line, meaning a veteran's minimum contract for McGrady wouldn't fit unless the team traded another player. Alex Kennedy of HoopsWorld confirms that the two sides are no longer talking, and says McGrady will continue weighing his options in hopes of joining a contender. Here are a few more updates from Kennedy on some unsigned veterans:
- Kenyon Martin is talking with several teams, and while he doesn't want to sign for the veteran's minimum, he may end up having no choice, says Kennedy.
- Jermaine O'Neal says "winning a championship is the only goal," and would like to join a contending team on a minimum-salary deal. The Lakers, Bucks, and Suns have watched him work out.
- Sources close to Gilbert Arenas say that he's slimmed down and is fully healthy as he searches for an NBA contract.
- Ben Wallace still hasn't made up his mind about whether to retire or return to the Pistons for one more year. A decision is expected within the next few weeks.
- There's no timetable on Josh Howard's free agent decision, but it sounds like he's close to picking a destination. We heard last week that Howard had narrowed his options to five teams.
Bulls Sign Marquis Teague
WEDNESDAY, 1:05pm: The Bulls have officially announced Teague's signing in a press release.
TUESDAY, 2:07pm: Teague has signed his rookie contract, according to K.C. Johnson of the Chicago Tribune. The first-round pick ultimately signed a deal for 100 percent of his slotted salary in the first year, $857K, according to sources. The following years are expected to be at the 120 percent slotted salary.
The Bulls are left with just $758K under the hard cap, meaning that they do not have enough money to add someone at the $857K veteran's minimum.
MONDAY, 8:06am: Marquis Teague is the only remaining unsigned first-round pick, but this weekend the 29th overall selection gave indication that he and the Bulls are nearing a deal. The University of Kentucky product spoke to Kyle Tucker of the Louisville Courier-Journal while assisting with a youth basketball camp at his alma mater.
“I’m about to get it figured out when I go back," Teague said. "We just pretty much came up with something. So as soon as I go back to Chicago, it’ll be done. We’re right there. We’ll figure it out.”
Mark Deeks of ShamSports speculated last week that the sides were hung up over the Bulls' desire to pay him less than the standard 120% of the rookie scale amount, which would be a first-year salary of $1,028,400 in Teague's case. NBA teams almost always give their first-round picks the maximum allowable amount, but there are exceptions. The Bulls are hard-capped at $74.3MM for 2012/13 after using more than the taxpayer's mid-level of $3.09MM to sign Kirk Hinrich, so saving every penny will be a priority for Chicago this season.
Teague averaged 10.0 points and 4.8 assists in 32.6 minutes per game on a loaded Kentucky team this past season. He's the brother of Jeff Teague of the Hawks.
Odds & Ends: Bulls, Josh Howard, Deng, Heat
Mark Deeks of ShamSports.com (via Twitter) points out that the Bulls are specifically $758,642 below the luxury tax apron and that the league minimum salary for sophomore players is $762,195. This definitely factors into the situation of Malcolm Thomas, who put on a standout performance as a member of their summer league roster and more importantly is entering his second year in the league. Deeks still doesn't think that Chicago is willing pay the tax, adding that the team isn't in any rush to make moves that would incidentally put them over the apron. Here are more of tonight's links from around the NBA…
- Matt Moore of CBS Sports gives the Bobcats a grade of "C" for their work this offseason.
- Earl K. Sneed of NBA.com talks about the plenty of backcourt options that the Mavericks have for the upcoming season.
- Australia's David Andersen hopes that Wednesday's game against Team USA is enough to make an impression as he hopes for an opportunity to return to the NBA, writes Sean Deveney of the Sporting News. The 6'11 forward/center played in Italy last year and was a member of the Hornets during the 2010-11 season. Andersen says he will continue to play in Europe if he doesn't receive an offer from an NBA team.
- Chris Bernucca of Sheridan Hoops examines the top 20 remaining free agents and groups them by position.
- Brian T. Smith of the Salt Lake Tribune tweets that the Jazz are expected to re-engage in talks with free agent Josh Howard soon.
- Brian Kamenetzky of ESPN LA clarifies that although the Lakers are interested in Jodie Meeks, the shooting guard isn't quite open to signing for the veteran's minimum. Also, Kamenetzky notes that while the team has placed a priority on adding a backcourt or wing player, they won't use their mini-mid level exception to overpay for a player they feel isn't worth that much. Earlier today, Brian joined his brother Andy to discuss some names in free agency that are worth considering, including Carlos Delfino, Tracy McGrady, and Terrence Williams in addition to Meeks.
Knicks, Bulls, Pacers Interested In Greene
Free agent forward Donte Greene says that the Knicks, Pacers, and Bulls now make up his “top three” list of potential destinations. In an interview with internet radio show TheCDNetworks.com (hat tip to Ian Begley of ESPNNewYork.com) the former Kings big man explained that while he is open to other possibilities, those three clubs are the ones that he is working to get a deal done with.
Greene, 24, averaged 5.4 PPG and 2.5 RPG in just under 15 minutes per contest last season. While the Syracuse product has only suited up for the Kings, he was involved in two trades prior to his first NBA game. Shortly after being drafted by the Grizzlies, Greene was sent to the Rockets as a part of a three-team deal. In August, Houston sent Greene to the Kings in a package to land Metta World Peace.
A little over two weeks ago, Greene said that he hoped to sign with Chicago, but the two sides have yet to hammer out an agreement. The 6’11” forward became an unrestricted free agent on June 27th when the Kings declined to extend him a qualifying offer.
Odds & Ends: Atkinson, Spurs, Macklin, Amundson
Knicks assistant coach Kenny Atkinson will be leaving New York and taking the same position with the Hawks, according to ESPNNewYork.com's Ian Begley. Atkinson was a crucial cog in the development of Jeremy Lin. Here's more of what we're hearing from around the Association:
- With a report being released tonight that Spurs assistant general manager Dennis Lindsey might be heading to the Jazz to become their new general manager, Mike Monroe of the San Antonio Express-News writes that other teams are gutting San Antonio's front office.
- Vernon Macklin's agent has informed Hoopshype.com that his client is currently drawing interest from the Nets, Suns, Bucks, Wizards, and Lakers. Macklin spent last season in Detroit, and is also drawing interest overseas, in Turkey and Greece.
- Free agent power forward Louis Amundson is in discussions with a number of teams, but has yet to make up his mind, Jared Zwerling of ESPNNewYork.com reports, adding that he's likely to sign for a team's mini mid-level exception (Twitter link). It's not clear whether Zwerling means the taxpayer's mini mid-level of $3.09MM or the room exception, a mini-midlevel of $2.575MM available to teams under the cap. However, the list of remaining mid-level exceptions that Luke Adams of Hoops Rumors put together Friday provides a hint. Only the Lakers have all of the taxpayer's mini mid-level available, and they're looking for backcourt help, meaning that if Amundson goes for a mini mid-level, it's likely to be the room exception currently held in full by nine teams.
- Ira Winderman of the South Florida Sun-Sentinel ponders the merits of Dexter Pittman, 45th overall pick Justin Hamilton and free agent Mickell Gladness as reserve center options for the Heat. As Winderman points out, Pittman will almost assuredly be on the team, since his minimum-salary contract is guaranteed.
- The Jazz starting lineup isn't set in stone, and Jody Genessy of the Deseret News handicaps the team's positional battles.
- Sam Smith of Bulls.com catches up with recent Bulls signee Nazr Mohammed, a Chicago native who says he always dreamed for playing for his hometown team.
Poll: Who Will Win The Central Division?
Earlier today, HoopsWorld's Mark Nugent wondered in a column whether the Bulls are still title contenders with the likely absence of Derrick Rose for most of the season and several changes to their roster.
With this in mind, which team do you think will win the Central Division in 2012/13? Will it be the Bulls, or will the Cavs, Bucks, Pacers, or Pistons overtake them?
Which Team Will Win The Central Division In 2012/13?
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Indiana Pacers 43% (750)
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Chicago Bulls 32% (558)
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Milwaukee Bucks 13% (221)
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Cleveland Cavaliers 9% (151)
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Detroit Pistons 3% (49)
Total votes: 1,729
Nugent On Bulls’ Future
Mark Nugent of HoopsWorld has a new column discussing the Chicago Bulls' playoff hopes for the 2012/13 season, as they cope with the loss of Derrick Rose to a torn ACL:
- Nugent believes the losses of Omer Asik, Kyle Korver, C.J. Watson, and Ronnie Brewer will weaken Chicago's bench, as Taj Gibson will be left as the sole remaining member of the unit that many believed was the best bench in the NBA last season.
- Nugent considers Marco Belinelli to be a downgrade from Korver as the team's designated three-point specialist.
- While Kirk Hinrich has proven a capable veteran presence, Nugent points out that injuries have been a concern with the Bulls' newly signed point guard.
- Regardless, Nugent expects the Bulls to make the playoffs this season, even if much of their title contention hope rests with Rose's recovery timetable.
Central Rumors: Barbosa, Teague, Hamilton
The Bulls have finished atop the Central Division with the league's best record the past two seasons, with the Pacers coming in second both times. With the injury to Derrick Rose and the nearly wholesale turnover of Chicago's bench, the door is open for the Pacers to move into first place this year. There are rumblings tonight about a former Pacer who could be headed to a division rival, and a pair of Bulls:
- Sam Amico of Fox Sports Ohio hears that free agent Leandro Barbosa is open to discussing a move to the Cavs, but it isn't clear whether the team has any interest in the 6'3" combo guard. Barbosa, who finished last season with Indiana, is reportedly seeking a multiyear deal.
- Mark Deeks of ShamSports examines why Marquis Teague, drafted 29th overall by the Bulls, is the only remaining unsigned first-round pick. He believes the team wants to sign him for less than the standard 120% of the rookie scale amount to avoid paying the luxury tax and to give them more flexibility, since the signing of Kirk Hinrich put them under a $74.3MM hard cap this season.
- Deeks also speculates the Bulls will trade Richard Hamilton during the season to avoid having to pay the luxury tax for the first time in franchise history.
Pacific Notes: Lakers, Redd, Warriors
As we wait for basketball action to resume at the London Olympics, let's round up a few of Wednesday's stories out of the Pacific Division….
- Magic Johnson weighed in on the Lakers' offseason moves yesterday, as Ramona Shelburne of ESPNLosAngeles.com writes. Johnson praised the Lakers' acquisitions of Steve Nash and Antawn Jamison, but said the team could still use a shooter.
- Michael Redd, who spent 2011/12 with the Suns, is taking his time and weighing his options in free agency, agent Kevin Poston tells Chris Tomasson of FOX Sports Florida (Sulia link). According to Tomasson, after showing interest in Redd earlier, the Suns and Bulls appear to have backed off for now.
- Tim Kawakami of the San Jose Mercury News confirms that the Warriors' recent roster moves put them about $400K over the luxury tax threshold. Golden State could trade a player before season's end to dip back under the tax line, but team co-owner Joe Lacob tells Kawakami that he's "prepared to spend money to win."
- Matt Steinmetz of CSNBayArea.com passes along a few comments from Warriors president Rick Welts on plans for the club's proposed San Francisco arena.
Odds & Ends: Blazers, Timberwolves, McGrady
The NBA does not make a profit by sending its stars to play at the Olympics, and a move to re-direct their headline players into a rebranded World Cup of Basketball would certainly change that. While Ken Berger of CBS Sports understands the idea of pulling NBA stars out of the Olympic games in the future, he says that it should be based on the premise that "Dream Teams" have run their course, and not because it is driven by an opportunity for David Stern and NBA owners to try to make money elsewhere. With that aside, here are some of tonight's miscellaneous links…
- Bill Ingram of HoopsWorld mentions that Jeremy Lamb, Royce White, and Terrence Jones cannot be included in a potential Dwight Howard trade until the end of August, specifically 30 days after each of them signed their rookie deals with the Rockets on July 26 (Sulia link).
- In a series of tweets, Jason Quick of The Oregonian reports that Trail Blazers GM Neil Olshey has concluded the second round of interviews and will "move on to the next phase" of the process once all four finalists are given due consideration. Although team owner Paul Allen was not involved in the interviews with Terry Stotts, Steve Clifford, Kaleb Canales, and Elston Turner, Quick assumes that Olshey will ultimately present a recommendation for hire to Allen after deliberation. Chris Haynes of CSNNW.com (via Twitter) pointed out that Turner's interview lasted for four-and-a-half hours today.
- When asked if the Timberwolves had more changes to make after the Olympics, GM David Kahn replied, "Maybe it’s a tweak here and there, maybe even something big, to make us even better still" (according to a tweet by Jerry Zgoda of the Star Tribune). In a separate piece, Marcus R. Fuller of the Pioneer Press documented Kahn's thoughts on the team's new additions this offseason.
- HoopsWorld's Alex Kennedy says that although the Bulls and Tracy McGrady have flirted in the past, it doesn't sound like a deal is close (Twitter link).