Jazz, Kendrick Perkins Agree To Buyout Deal
3:53pm: Perkins has officially been waived, the Jazz announced.
3:27pm: A buyout arrangement has been reached, Adrian Wojnarowski of Yahoo! Sports reports. Perkins intends to sign with the Cavaliers if he clears waivers, which he is expected to do, Wojnarowski adds.
1:48pm: Perkins has narrowed his choices to the Cavs and the Clippers, and the big man is expected to make his decision on Sunday, Chris Haynes of The Northeast Ohio Media Group reports (Twitter link).
10:51am: The Clippers are not out of the running for Perkins, but are considered long shots to sign him, Arash Markazi of ESPNLosAngeles.com reports (Twitter link).
SATURDAY, 10:28am: The Cavaliers have emerged as the frontrunners to sign Perkins if he is indeed waived by Utah, Wojnarowski reports. The Bulls, Rockets, and Hawks are also in the mix for the big man, Jason Lloyd of The Akron Beacon Journal tweets.
FRIDAY, 9:24am: Perkins is interested in playing for the Mavs, Wojnarowski writes, but the team doesn’t share that interest, as Cuban said (below). Conflict in the past with Joakim Noah wouldn’t keep Perkins from joining the Bulls, a source tells K.C. Johnson of the Chicago Tribune.
11:25pm: Mark Cuban said that Dallas is set in its frontcourt, and that the Mavs would not be interested in Perkins if he is waived, Darnell Mayberry of The Oklahoman tweets.
10:18pm: The Bulls and the Cavs are the frontrunners to sign Perkins when and if he clears waivers, David Aldridge of NBA.com reports (Twitter link).
6:08pm: The Mavericks have also expressed interest in Perkins, should he be waived, Wojnarowski tweets.
THURSDAY, 3:55pm: The Jazz and Kendrick Perkins are headed for a buyout, reports Royce Young of ESPN.com (Twitter link). Utah agreed to take on his expiring contract, worth more than $9.654MM, as part of a three-way deal with the Pistons and Thunder. The Cavs and Clippers are teams to watch should Perkins indeed hit free agency in the coming days, Young says, and Adrian Wojnarowski of Yahoo! Sports calls those teams strong contenders to sign him (on Twitter). The Bulls will be very much in the mix for Perkins, too, Wojnarowski also tweets.
The 30-year-old Perkins is making $9.654MM this season on an expiring contract, and it’s not immediately clear how much he would give up in a buyout. He was much-maligned throughout his tenure in Oklahoma City after having been hailed as key to the Celtics’ 2008 championship and subsequent run to the Finals in 2010. He had a PER of 15.0 in 2009/10, but he never had a double-digit PER for the Thunder after a trade sent him there in the middle of the 2010/11 season.
His name was part of a proposal that would have sent him to the Nets for Brook Lopez, but that trade didn’t pan out. In any case, he’s an odd fit for Utah, a team focused on the future, so a quick parting of ways makes sense. The Jazz will have to waive him no later than March 1st for him to be eligible to play for another team in the postseason.
Central Notes: James, Perkins, Marshall
LeBron James believes the Cavaliers, who were silent as the trade passed, can win a championship with their current roster, Jason Lloyd of the Akron Beacon Journal writes. James’ stance presents a different view than the one he had previously offered in his summer essay announcing his return to Cleveland and when speaking to reporters during the holidays, Lloyd notes. The Cavs, who entered the All-Star break having won 14 of their last 16 games, have remade their roster since James last made those statements, having acquired J.R. Smith, Iman Shumpert and Timofey Mozgov. “Obviously health is a huge thing. Clicking at the right time,” James said. “The team that’s clicking at the right time, is healthy at the right time, can make a huge push. I believe we can make a push to win one. Does it guarantee that? Of course not, we still gotta go out and play. But this roster can challenge any team out there.”
Here’s more from the Central Division:
- The Bulls, who did not make a deal at the trade deadline and have a vacant roster spot, will monitor the buyout market between now and March 1st, which is the deadline for free agent signees to be eligible for the playoffs, K.C. Johnson of The Chicago Tribune notes. The Bulls appear to be interested in center Kendrick Perkins, who was dealt on Thursday from the Thunder to the Jazz, Johnson writes. Utah is reportedly considering a buyout arrangement with the veteran big man. Johnson also added that Chicago would be interested in guard Gary Neal, if his contract were to be bought out by the Timberwolves.
- Any roster addition made for the stretch run for the Bulls will be a veteran insurance player who is comfortable sitting on the bench, Jon Greenberg of ESPNChicago.com notes.
- The Bucks were reluctant to part with Kendall Marshall, who was traded to the Suns along with Brandon Knight on Thursday, but Milwaukee wanted to free up a roster spot, Charles F. Gardner of the Milwaukee Journal-Sentine
l tweets.
Execs Losing Faith That Ray Allen Will Sign
There is a growing feeling among GMs and league executives who are interested in signing Ray Allen that the veteran guard won’t play this season, Adrian Wojnarowski of Yahoo! Sports reports. Allen has been mulling a comeback all season, but neither he, nor his agent Jim Tanner, have made any definitive statements that the player would return to the hardwood during the 2014/15 campaign, Wojnarowski adds. It was rumored that the 39-year-old sharpshooter was going to make a choice regarding his future shortly after the All-Star break.
Allen has been working out, but not at a pace that would allow him a quick transition into NBA playing shape, sources tell Wojnarowski. There’s still time for Allen to make a decision to return, but as one GM told the Yahoo! Sports scribe, “It’s getting late in the game for this to happen.”
The Grizzlies are one team that’s maintained an interest in Allen, as Ronald Tillery of The Commercial Appeal writes in a subscription-only piece. Other teams that have been reportedly linked to the veteran include the Warriors, Wizards, Cavs, Spurs, Heat and Hawks.
Wolves Rumors: Garnett, Wiggins, Brown
The Wolves reportedly want to re-sign Kevin Garnett for another two years when his contract expires this summer, and he’s expected to take them up on that, a source told Jerry Zgoda of the Star Tribune. Minnesota insisted on Thaddeus Young instead of a first-round pick in the Kevin Love trade, and after dealing Young for Garnett on Thursday, coach/executive Flip Saunders guaranteed that Garnett will have a greater effect on the Wolves than the first-round pick ever would have, Zgoda tweets. Saunders said he tried to engage the Nets in conversations regarding the Love trade to see if he could acquire Garnett then, but Brooklyn resisted the idea, as Zgoda also relays (on Twitter). There’s more on Garnett amid the latest from Minnesota:
- Wolves owner Glen Taylor acknowledged the return of Garnett as a player bodes well for KG’s chances of becoming a part-owner, notes Andy Greder of the St. Paul Pioneer Press (Twitter link). “It’s just that he’s a player. But I think that opens up that possibility,” Taylor said. Still, there were some hard feelings when Garnett and the Wolves parted ways in 2007, and Taylor and the star haven’t said more than hello since, tweets Jon Krawczynski of The Associated Press.
- The choice Andrew Wiggins made not to sign with Klutch Sports, the agency that represents LeBron James, played a key factor in the Cavs’ decision to put him in the Love trade, ESPN’s Brian Windhorst of ESPN.com said on SiriusXM NBA Radio (Twitter link). Wiggins is a Bill Duffy client.
- The two-year deal that Lorenzo Brown signed with the Wolves on Thursday is a minimum-salary affair that’s non-guaranteed for next season, reports Eric Pincus of Basketball Insiders (on Twitter).
Eastern Notes: Ross, Blatt, Pistons
Terrence Ross is unlikely to be dealt by the Raptors before Thursday’s trade deadline, Michael Grange of SportsNet reports. Raptors GM Masai Ujiri tells Grange that it’s too early to give up on Ross, even though Ross’ playing time has dropped from 31.1 minutes in December to 20.9 in January and 22.0 for February. “I would be shocked if we did something with Terrence,” Ujiri said to Grange. “Trust me. I can’t tell you more how I totally don’t think that would happen before Thursday.” Ross has been rumored to be part of a package that could deliver a quality big man such as the Pacers‘ David West.
In other news around the Eastern Conference:
- David Blatt’s job security is on firmer ground because LeBron James has gained respect for him, Jeff Zillgitt of USA Today reports. James, who did not give Blatt ringing endorsements earlier in the season, called him “great” and added that Blatt has handled his first season as the Cavs coach “extremely well so far, and I’m happy to be playing for him.“
- The Cavs have recalled Joe Harris from the Canton Charge, their D-League affiliate, the team has announced. Harris has played in seven games for Canton this season, averaging 17.0 points, 5.4 rebounds and 3.3 assists in 32.3 minutes per contest.
- Pistons president of basketball operations Stan Van Gundy says that things are quiet on the trade front for Detroit, and that it was doubtful the team would make a move prior to the trade deadline, Vince Ellis of The Detroit Free Press tweets.
- Free agent Jamaal Tinsley has turned down 10-day contract offers from the Pistons, Hornets, and Wolves, David Pick of Eurobasket.com reports (Twitter link). Tinsley appeared in eight games for the Jazz last season.
- Sixers coach Brett Brown said the team will get another point guard in time for its next game, Keith Pompey of the Philadelphia Inquirer tweets. Pompey did not elaborate on whether that would occur by trade or free agent signing.
- Suspended Sixers forward Andrei Kirilenko is a likely buyout candidate, Mike Mazzeo of ESPN.com tweets. Philadelphia would prefer to trade him for assets but it’s expected that won’t happen and the team will wind up buying Kirilenko out, Mazzeo adds.
- Brandon Bass made it clear that he has no interest in a buyout, as Jay King of MassLive relays (Twitter link). Bleacher Report’s Howard Beck identified him as a likely buyout candidate last week.
Eddie Scarito and Chuck Myron contributed to this post.
Jermaine O’Neal Halts Comeback Attempt
Free agent Jermaine O’Neal has tabled the idea of signing with an NBA team this season, as he reveals in a pair of posts on his Instagram account. Marc Stein of ESPN.com tweeted minutes earlier that the Mavs, long considered the front-runners for the 18-year veteran, wouldn’t be signing him for the time being. Tim MacMahon of ESPNDallas.com hears (Twitter link) that O’Neal has been unable to get his body in shape to play, a sentiment that O’Neal backs up in his messages. Still, the Mavs will keep an eye on him, MacMahon adds.
O’Neal traveled to Germany around the holidays for a treatment to help his knees, and his recovery from that procedure appeared to be the only stumbling block to a deal between the 36-year-old and the Mavs. Dallas had reportedly been holding open a roster spot for O’Neal, having only temporarily filled it with a 10-day contract with Bernard James, but it now appears that it will go to Amar’e Stoudemire, who’s bought his way off the Knicks. Still, the Mavs were prepared to open roster spots for both, as Stein and MacMahon wrote earlier this month.
Mavericks president of basketball operations Donnie Nelson said in December that he felt his team had a “pretty good” chance to land either O’Neal or Josh Smith, but it appears Dallas will have to make do with neither, unless O’Neal reboots his comeback attempt. The Cavs, Clippers, Warriors and Blazers all reportedly had interest in the Arn Tellem client at one point or another this season, too, but Dallas maintained a solid lead for much of the process. O’Neal played a key role for Golden State last season as the primary backup to Andrew Bogut.
Northwest Notes: Aldridge, Thunder, Lopez
Most around the league expect LaMarcus Aldridge to re-sign with the Trail Blazers this coming summer, as he said he would, but an executive from an opposing team told Sean Deveney of The Sporting News that the Blazers are “very, very scared” that he’ll walk in free agency. The exec cautioned that it’s probably just “paranoid” thinking on their part, but this weekend, peppered with questions from the New York media, Aldridge praised Phil Jackson, the city of New York, and said he’d be a fit for the triangle offense, Deveney notes. The power forward has largely declined to talk specifics about his upcoming free agency since just before training camp, when he repeated his intention to re-sign with Portland. Here’s more from a busy Northwest Division:
- Kevin Durant, Russell Westbrook, Serge Ibaka and Steven Adams are off-limits for the Thunder, but the team is open to trading everyone else for the right offer, tweets Alex Kennedy of Basketball Insiders.
- It’s unlikely the Nuggets trade Jameer Nelson, in spite of interest from the Wizards, Heat and Cavs, given GM Tim Connelly‘s long-held desire to have the point guard on the team, writes Christopher Dempsey of The Denver Post,
- The Nuggets would like to trade JaVale McGee more than any other player on their roster, but the team is making Gary Harris and Jusuf Nurkic untouchable for any deal, Dempsey adds in the same piece. Grantland’s Zach Lowe also reported today that Nurkic is off-limits.
- The Blazers would like to add a small forward, given Nicolas Batum‘s inconsistency this season, as Marc J. Spears of Yahoo! Sports writes amid his weekly power rankings.
- Sources tell Kennedy they believe the Timberwolves are open to trading some of their veterans for the right return (Twitter link). Still, president of basketball operations and coach Flip Saunders has said he doesn’t intend to do any more deals.
- The Blazers and Pelicans are worth keeping an eye on as the Wolves continue to try to honor Chase Budinger‘s trade request, according to Darren Wolfson of 1500 ESPN Twin Cities (Twitter link).
Knicks Waive Amar’e Stoudemire In Buyout Deal
12:33pm: The Knicks have waived Stoudemire, the team announced via press release, making the buyout deal official. It’s still unknown just how much Stoudemire gave back.
“Amar’e’s period as a Knickerbocker has come to pass, at his request. His time here should be marked by recognizing his effort – it was 100%,” Knicks team president Phil Jackson said in the statement. “As we move forward in structuring this team, we will look for players that exhibit his desire to win.”
The Knicks are left with 14 players on their roster. GM Steve Mills said in the team’s release that he and Stoudemire had developed a “long-term friendship” that would remain in place as they parted ways, and Stoudemire, in his quote as part of the statement, expressed gratitude to the organization, saying, “Once a Knick, always a Knick.”
MONDAY, 7:35am: The Blazers aren’t in the mix, as Ramona Shelburne of ESPNLosAngeles.com hears (Twitter link).
SUNDAY, 11:15pm: The Clippers, Blazers, Suns, and Raptors are expected to pursue Stoudemire, according to Alex Kennedy of Basketball Insiders (on Twitter).
11:04pm: Stein (link) adds the Cavs to the list of teams that are not actively pursuing the veteran.
11:00pm: The Grizzlies and Warriors are not pushing to sign Stoudemire, according to Marc Stein of ESPN.com (Twitter links).
10:40pm: The Clippers and Mavericks have strong interest in Stoudemire but the Spurs are a dark horse “with [a] level of intrigue,” according to Adrian Wojnarowski of Yahoo Sports (on Twitter).
10:12pm: The Knicks and Amar’e Stoudemire reached a buyout agreement on Sunday night, according to Frank Isola of the New York Daily News (on Twitter). The big man’s camp has been discussing a buyout with the club for quite some time.
Stoudemire, 32, is in the final year of a massive five-year contract worth nearly $99.744MM that pays him almost $23.411MM this season. The veteran has averaged 12.0 PPG and 6.8 RPG in 36 games (14 starts) for the blue and orange this season. Stoudemire has a rather respectable 19.7 PER on the year and his 6.8 boards per game is a good improvement over his averages from the previous two campaigns.
Even though he has not found individual success with the Knicks, STAT was said to be conflicted about the idea of a buyout. Still, Stoudemire’s reps were pushing for a deal and the Knicks had no intention of re-signing him this summer as they look to push their resources towards younger talent.
“All possibilities at this point are still open,” Stoudemire said of his own buyout possibility. “The door is still open for that. But at the same time, I am with the Knicks now. I got to stay optimistic about things and what we are doing here. I can’t really focus on the future because it’s not here. We still have a couple weeks left before it’s all said and done. It’s a decision I have to make with my family to figure out the best scenario for the near future.”
The Mavs are reportedly the favorites to sign Stoudemire should he buy his way off the Knicks and clear waivers. Of course, with a $23MM+ salary, Stoudemire would be a mortal lock to pass through waivers unclaimed. Besides Dallas, the Clippers and Warriors are said to be interested as well. Marc Berman of the New York Post recently wrote that it’s “quite possible” that Stoudemire would return to the Suns this summer and speculated that the Magic would have interest in the central Florida native this summer, though it’s not clear what the interest level would be from either team if Stoudemire were to reach free agency mid-season.
Northwest Notes: Wolves, Wiggins, Jazz
LaMarcus Aldridge figures to be among the most sought-after free agents this summer and it’s safe to say that he’s probably heard a few recruitment pitches this weekend in New York City. On Saturday, Aldridge cited “winning and being happy” as his top priorities in free agency and the Blazers certainly hope that they can sell him on both fronts. A look at the Northwest Division..
- Darren Wolfson of 1500 ESPN (on Twitter) sees Lorenzo Brown sticking with the Timberwolves for the remainder of the season. However, he doesn’t envision any news on that front today. The Wolves can wait a few days and see if they need that roster spot for trade purposes between now and the deadline. In a later tweet, Wolfson (link) said a new deal “will happen.” Brown’s second 10-day deal expires after Sunday night.
- Timberwolves rookie Andrew Wiggins has no regrets about the trade that sent him from Cleveland to Minnesota, Holly MacKenzie of The National Post writes. “I think it was the best move for me,” Wiggins said this weekend. “It gave me more room and put me in a position where I could grow up faster. In the league, that’s always what’s best for you.” Wiggins also noted that the deal has given him a chance to “shine.” The guard is averaging 15.2 PPG with 4.3 RPG and 1.9 APG in 34.5 minutes per game. Needless to say, Wiggins wouldn’t be seeing that kind of burn with the Cavs.
- As one of the teams sending multiple players to All-Star Weekend, the Jazz have to feel pretty good about how they’ve been evaluating, drafting, and developing talent, EJ Ayala of Basketball insiders writes. Rudy Gobert seems like a potential cornerstone for Utah and they have plenty of other talented young players who could be a part of their core with Dante Exum, Trey Burke, Derrick Favors, Enes Kanter, Gordon Hayward, Alec Burks, and Rodney Hood.
Central Notes: Monroe, LeBron, Haywood, Allen
Stan Van Gundy insists that the Pistons won’t trade Greg Monroe, citing his hope that the big man will re-sign this summer as well as the team’s playoff chase, as Bob Wojnowski of The Detroit News observes. Monroe has a de facto no-trade clause and agent David Falk has said he doesn’t want to be dealt.
“It’s not gonna happen,” Van Gundy said. “I don’t know where Greg’s head will be in the offseason, but we’re still hopeful of Greg Monroe for the long term. And with him going into free agency, you won’t get a lot, maybe a pick. I’m not gonna walk in that locker room and give up a piece like that and then tell the guys we’re trying to make the playoffs. They deserve the chance to ride this out. You never say never to anything, but I can tell you about 99.9%, Greg Monroe’s not going anywhere.”
The Lakers reportedly asked the Pistons about Monroe earlier this month, but it seems like their chance to nab him won’t come until the summer, when he’ll be an unrestricted free agent. There’s more on the Pistons amid the latest from around the Central Division:
- Van Gundy also said that he won’t trade a first-round pick but is willing to take on a short-term salary dump from another team, Wojnowski notes in the same piece.
- LeBron James expressed fondness for Madison Square Garden today while speaking to reporters for All-Star weekend, as Ian Begley of ESPNNewYork.com relays (Twitter link). Still, it’d be a stretch to suggest that the Cavs star, who has a player option for next season, has any interest in playing for the Knicks. “If I could have 82 regular season games anywhere they’d be at Madison Square Garden, because it’s the mecca of basketball,” James said.
- The Cavs believe Brendan Haywood is “done” as an on-court contributor, as Jason Lloyd of the Akron Beacon Journal writes in his Final Thoughts column. Of course, Haywood continues to have value thanks to his unique contract, and the Cavs are reportedly shopping him in advance of the deadline.
- The Bulls seem like a less likely contender for Ray Allen than they had been, as Sam Smith of Bulls.com opines in his latest mailbag column.