Nets Latest Team To Gamble On Bennett
- The Nets will try to get more out of Anthony Bennett than he produced in his first three NBA stops, writes Bud Shaw of Cleveland.com. Shaw contends that former Cavaliers GM Chris Grant’s decision to take Bennett, who reached an agreement Thursday on a deal with Brooklyn, first overall in 2013 was the biggest mistake in the Cavs’ draft history.
Celtics Rumors: Griffin, Westbrook, Budinger
A Wednesday report from Howard Beck of Bleacher Report suggested that rival general managers around the NBA viewed the Celtics as the biggest threat to acquire Russell Westbrook. Those GMs also believed that Thunder GM Sam Presti would be inclined to move Westbrook sooner rather than later if Presti feels that the star point guard is likely to leave in free agency next summer.
As I pointed out when I passed along that report, however, there has been no indication yet that the Thunder are actively exploring a Westbrook deal. Sean Deveney of The Sporting News writes today that Westbrook’s representatives haven’t received word of any trade talks, and they’d almost certainly be involved in that process — after all, any team acquiring the Thunder star would want to talk to his reps about whether he’d be willing to sign up for a long-term stay with that new team.
As Deveney notes, that doesn’t necessarily rule out an eventual Westbrook trade to Boston, but it probably means that the Celtics haven’t gotten serious about targeting him to this point.
Here’s more from Deveney on the Celtics:
- The consensus among front-office executives at the Summer League in Las Vegas is that the Celtics will attempt to make a major deal soon, says Deveney.
- Boston’s top trade target at this point appears to be Blake Griffin. According to Deveney, a three-way scenario has emerged that would involve the Celtics giving up picks in a deal to acquire Griffin, with the Kings getting involved and sending Rudy Gay to the Clippers. However, opposing front-office execs say the C’s are reluctant to give up their 2018 Nets first-round pick or their swap rights to Brooklyn’s 2017 pick.
- If the Clippers do move Griffin in a deal with the Celtics or another team, they’d want to land draft picks and a “frontline star” to keep them in contention, per Deveney. I’m not sure Gay would qualify as that sort of “star,” but perhaps Doc Rivers feels differently.
- According to Deveney, several front-office members around the NBA continue to bring up Kevin Love as a Celtics target, even though none of those execs believe that the Cavaliers will be inclined to move Love.
- Deveney adds (via Twitter) that the Celtics continue to look for shooting help, and have reached out to veteran free agent Chase Budinger.
- Meanwhile, Steve Bulpett of The Boston Herald hears from sources that, while the Celtics have expressed interest in Westbrook and Griffin in the past, there have been no recent trade discussions involving either player. However, he acknowledges that Boston remains “very much open” to a major deal, and says situations remain fluid.
Coaching Notes: Lue, Jones, Walton, Kings
A delay in working out an extension with Tyronn Lue has several Cavaliers assistants working in the summer league without contracts, according to Chris Haynes of Cleveland.com. The deals for Jim Boylan, Phil Handy, James Posey and Vitaly Potapenko expired July 1st. Lue, who has promised they will all be kept on his staff, is negotiating an extension after winning an NBA title in his first season as a head coach. He is still under a four-year, $6.5MM contract that he had as an assistant after refusing a three-year, $9.5MM offer when he replaced David Blatt in midseason. Lue has a year left on his current deal and said he isn’t worried about the status of the extension. “It’ll eventually get done,” he said.
There’s more coaching news around the league:
- The Cavaliers are expected to make Damon Jones an assistant coach, Haynes writes in the same piece. Jones will replace Bret Brielmaier, who recently joined the Nets‘ staff.
- After a two-month wait while the Warriors made their way through the playoffs, former Golden State assistant Luke Walton finally got to coach the Lakers, writes Scott Howard-Cooper of NBA.com. Walton made his debut Friday night in the Las Vegas Summer League and received a rousing ovation from Lakers fans in attendance. “I know I still have a lot to learn, but I think everybody does, no matter how long you’ve been doing any job,” Walton said. “I’m excited and I feel like I’m ready for this and I’m looking forward to it.”
- The Lakers did not keep player development coach Thomas Scott, tweets Mark Medina of The Los Angeles Daily News. Scott is expected to pursue other opportunities.
- The Kings have added Bob Thornton and Larry Lewis as assistants to new head coach Dave Joerger, tweets Sean Cunningham of KXTV in Sacramento.
Cavs Shipped $200K To Bucks As Part Of Dellavedova Deal
- The Cavaliers shipped the Bucks $200K as part of the sign-and-trade deal involving Matthew Dellavedova, Pincus notes (on Twitter).
Cavaliers One Of Few Teams With TPEs Left
- We’ll be updating our full list of traded player exceptions soon, once all of the recently-reported trades become official, but we can expect many of the TPEs on that list to disappear. As Bobby Marks of The Vertical tweets, the Cavaliers, Thunder, and Clippers may end up being the only teams with trade exceptions when the dust settles.
Bucks Acquire Dellavedova From Cavs
JULY 7, 3:53pm: The Cavs and the Bucks have agreed to a sign-and-trade deal that sends Dellavedova to Milwaukee in exchange for cash and the rights to Albert Miralles, Chris Haynes of The Northeast Ohio Media Group reports. Cleveland will also create a trade exception worth $4.8MM as a result of the swap, Haynes adds. The Cavs have announced the deal is official via press release.
JULY 4, 1:13pm: The Cavaliers won’t match the Bucks’ offer sheet for Dellavedova, league sources tell Chris Haynes of Cleveland.com.
JULY 1, 3:40pm: LeBron James has tweeted congratulations to Dellavedova, wishing him good luck in Milwaukee, which makes it sounds as if the Cavs won’t match Milwaukee’s offer sheet.
3:04pm: An agreement between the Bucks and Dellavedova is now in place, tweets Jeff Goodman of ESPN.com. Meanwhile, Brian Windhorst of ESPN (Twitter link) says Milwaukee and Cleveland have had some sign-and-trade discussions, but there’s no traction there at this point. The Bucks aren’t expecting the Cavs to match an offer sheet.
2:59pm: The Bucks are nearing an agreement with Matthew Dellavedova on a four-year, $38MM deal, reports ESPN’s Zach Lowe (via Twitter). David Aldridge of NBA.com confirms (via Twitter) that the two sides are close to a deal, pegging the exact value at $38.4MM.
Dellavedova is currently a restricted free agent, having received a qualifying offer from the Cavaliers. Assuming the Cavs don’t take that qualifying offer off the table, Milwaukee would have to sign the guard to an offer sheet, and hope Cleveland doesn’t match. If the Cavs were to rescind the QO, the Bucks could sign Dellavedova outright as an unrestricted free agent.
The Kings, Hawks, and Mavericks were among the other teams that reached out to Dellavedova’s camp to express interest after free agency got underway last night. According to Jason Jones of The Sacramento Bee (Twitter link), Sacramento viewed Dellavedova as a sign-and-trade possibility, so perhaps the Bucks and Cavs will discuss that option as well. If it’s an offer sheet, Cleveland will have three days to match once it’s formally signed.
Dellavedova, 25, was a part-time player for the Cavs during the last three seasons, averaging 7.5 PPG and 4.4 APG while shooting 41.0% from three-point range in 2015/16. He also played some key minutes in the postseason for Cleveland the last two years, though his minutes were reduced in this year’s playoffs.
Photo courtesy of USA Today Sports Images.
Dwyane Wade Rumors: Wednesday
A handful of updates on Dwyane Wade‘s situation were reported on Tuesday, including the fact that he has canceled his meeting with the Bucks, scheduled a meeting with the Nuggets, and received a contract offer in the two-years, $50MM range from Denver. Wade is said to be seeking a deal in that neighborhood, or something with a guaranteed third year.
Here are Wednesday’s latest updates and rumors on Wade, one of the top free agents left on the market:
7:52pm:
Wade is pushing for a resolution on his future tonight and it’s likely between Miami, Chicago or Denver, Adrian Wojnarowski of The Vertical tweets. The scribe adds via Twitter that Pat Riley would like an answer tonight and if Wade isn’t returning, Riley would move fast on other options.
7:31pm:
- Wade is very much open to leaving the Heat after hearing pitches from other teams today, sources tell Alex Kennedy of Basketball Insiders (Twitter link).
6:35pm:
- The Bulls feel Wade is serious about joining their team and they have been in contact with other teams in an attempt to unload contracts, Wojnarowski reports (Twitter links). Jose Calderon and Mike Dunleavy are the two players that Chicago would like to move. Wojnarowski (Twitter link) adds that the team’s canceled meeting has bearing on his status.
- The Bucks‘ meeting with Wade went for over an hour and Wade spoke highly of the team’s young roster, Charles F. Gardner of the Milwaukee Journal Sentinel passes along (Twitter links). Gardner adds that the Bucks still do not have the cap space to accommodate a Wade deal, so he doesn’t expect the 33-year-old to sign with the franchise. However, David Aldridge of NBA.com (Twitter link) hears that the team believes Wade is “very serious” about joining Milwaukee.
- Wade’s meeting with the Heat ended without a deal, Zach Lowe of ESPN.com tweets and according to Ira Winderman of the Sun Sentinel (Twitter link), his status remains up in the air.
- Wade will co-host ABC’s Live with Kelly on Thursday morning and Alex Kennedy of Basketball Insiders (Twitter link) wonders if the shooting guard will make his announcement then.
1:52pm:
- Wade’s meetings with the Nuggets and Bucks are now complete, with the Heat set to finish out the day. The Bulls had been scheduled to meet with Wade today as well, but the team has cancelled the sit-down after its flight kept getting delayed, tweets Adrian Wojnarowski of The Vertical. Wojnarowski adds that if Wade has serious interest in Chicago, the club could travel to meet with him on Thursday.
12:46pm:
- The Nuggets were “very happy” with how their Wade meeting went, league sources tell Chris Dempsey of The Denver Post (Twitter link). Denver is now waiting for the guard to meet with his other suitors and make a decision.
- After meeting with the Nuggets, Wade is sitting down with Bucks co-owner Marc Lasry, says Adrian Wojnarowski of The Vertical (Twitter links), who also confirms that Heat owner Micky Arison will get a sit-down with Wade later in the day.
11:30am:
- Wade’s meetings in New York are underway – with the Nuggets going first (Twitter link) – and a decision on his future could happen as soon as Wednesday night, league sources tell Adrian Wojnarowski of The Vertical. Wojnarowski adds that the exact amount of Denver’s offer to Wade is $52MM for two years.
Cavaliers Focused On Adding Wing Players
The Cavaliers are on track to lose a pair of contributors when the July moratorium ends tomorrow, with Timofey Mozgov headed to the Lakers and Matthew Dellavedova ticketed for Milwaukee. Still, while the Cavs haven’t agreed to deals with any free agents of their own yet, the team is scouring the trade and free agent market looking for ways to fortify its roster. According to Chris Broussard of ESPN.com (via Twitter), Cleveland is looking to add at least one athletic, shooting wing player.
While there may still be a few players on the free agent market who fit that bill, the Cavs don’t have much spending flexibility, and would likely only be able offer their $2.9MM room exception or a minimum-salary contract. The trade market may make more sense for Cleveland, and according to Broussard, the club had interest in acquiring Trevor Ariza. However, the Rockets weren’t looking to move Ariza at this time.
As our list of outstanding trade exceptions shows, the Cavaliers still hold a handful of TPEs that could be used to accommodate deals. The most intriguing one is the $9,638,554 exception Cleveland created at the 2016 trade deadline. Using that trade exception, the Cavs could acquire a player whose salary fits into that amount without sending out any salary of their own. Ariza, for instance, could be absorbed into that TPE, since he’s making just $7,806,971 this season.
The Cavaliers could also send out their own players to make a trade work, but the franchise isn’t all that interested in significantly shaking up a roster that’s coming off a championship. If Cleveland did need to send out salary to accommodate a larger acquisition, Iman Shumpert ($9,662,922) and Channing Frye ($7,806,971) would probably be candidates to be moved.
Ray Allen Considering NBA Comeback
As the Warriors consider veteran free agents willing to sign on minimum salaries to help fill out their roster, Ray Allen‘s name has surfaced in recent days as a player Golden State may call. As it turns out, Allen is indeed mulling a comeback and his representatives have reached out to the Warriors, league sources tell Chris Broussard of ESPN.com.
According to Broussard, Allen isn’t entirely sure that he wants to return to the NBA after not having appeared in a game since 2014, but he’s “intrigued” by the possibility of competing for another championship. Broussard reports that the longtime sharpshooter would also consider the Cavaliers, Spurs, and Clippers, in addition to the Warriors.
Per Chris Haynes of Cleveland.com, Allen’s reps have also reached out to the Cavs, and the interest between Cleveland and the 40-year-old is mutual. However, even though Allen and LeBron James are “extremely close,” the Finals MVP hasn’t been recruiting his former teammate so far, tweets Haynes.
As for the Warriors, they remain undecided on whether they want to pursue Allen, says Broussard. Based on what we’ve seen so far this week, with Zaza Pachulia and David West agreeing to join the team on below-market deals, Golden State may have its pick of veteran contributors, so the club figures to do its homework on all potential options.
Allen, who turns 41 later this month, last played for the Heat, helping the team win a championship in 2012/13 and get back to the NBA Finals in 2013/14. By the end of his final year in Miami, he was averaging well below his career mark of 18.9 PPG, but he still shot an impressive 39.8% on three-pointers during those two seasons with the Heat.
Latest On Dwyane Wade
10:03pm: Wade has a meeting scheduled on Wednesday with Nuggets officials that will take place in New York, Wojnarowski tweets.
7:34pm: The Nuggets have offered Wade a contract worth more than $50MM over two years, Marc Stein of ESPN.com tweets. Denver is holding out hope that the veteran shooting guard will accept its bid, the scribe adds.
12:37pm: Wade’s representatives have told teams that their client is seeking a two-year, $50MM contract, reports Brian Windhorst of ESPN.com, adding that the Nuggets and Bulls continue to stay in touch with Wade, who is also talking to the Heat. Adrian Wojnarowski of The Vertical, meanwhile, reports that the veteran star is prioritizing a guaranteed third year in contract talks. Either way, it sounds like a two-year, $40MM offer won’t get it done.
The Bucks currently aren’t involved in the bidding for Wade, and while there have been rumors about the Cavs, there’s no traction between Wade and Cleveland at this point, according to Windhorst. Per Wojnarowski, the Bulls and Wade have talked about setting up a face-to-face meeting but nothing has been scheduled.
As for the Heat, Ira Winderman of The South Florida Sun Sentinel tweets that they seem to want to hold firm on two years for Wade, even though they may be willing to include a player option and do another two-year deal next summer.
10:58am: Dwyane Wade has canceled a previously-scheduled Wednesday meeting with the Bucks, according to ESPN’s Zach Lowe (Twitter link). Lowe’s report follows up on a tweet from ESPN’s Brian Windhorst, which suggests that Wade has canceled more than one free agent meeting. However, it’s not clear what other team(s) had been set to meet with the veteran guard.
Despite the fact that Wade played his college ball at Marquette, it always seemed like a long shot that he’d seriously consider signing with the Bucks this offseason after spending his entire career in Miami. After Kevin Durant opted not to sign with the Heat, Miami reportedly increased its offer to Wade to two years and $40MM, getting a little more serious about negotiations with the former Finals MVP. Although he didn’t accept that offer, Wade’s decision to cancel his meeting with the Bucks may hint that he and the Heat are moving closer to finding common ground.
Outside of Milwaukee and Miami, several teams have been linked to Wade since free agency began, including the Nuggets, Knicks, Bulls, and Mavericks. Of those teams, only Denver still had the cap space to pursue Wade. There has also been speculation that the Cavaliers could have interest in LeBron James‘ former teammate, though those whispers have been unsubstantiated. Even if Cleveland did explore that possibility, the team would have to trade multiple contracts in order to be able to offer Wade a decent salary.