Noel Getting Hardball Treatment
- The Mavs will continue to play hardball with restricted free agent Nerlens Noel now that his other options have fallen by the wayside, Eddie Sefko of the Dallas Morning News opines. Noel is one of the few high-level free agents who hasn’t already signed a contract this month. Sefko doubts that Noel will take the qualifying offer of $4,187,598 and become an unrestricted free agent next summer, speculating that the two parties will eventually come to an agreement.
- Mavs first-rounder Dennis Smith Jr.has made a strong impression on some scouts with his summer-league performances, according to Jonathan Wasserman of Bleacher Report. The point guard averaged 16.2 PPG, 5.2 RPG and 3.8 APG in his first five summer-league outings. “(Smith Jr.) has a solid feel as a young point guard,” one scout told Wasserman. Wasserman quotes eight scouts, who break down the pros and cons of Smith Jr.’s game.
Southwest Notes: Anthony, Simmons, Mavericks, Rondo
Houston continues to be the preferred destination for Carmelo Anthony, but former Rockets coach and ESPN commentator Jeff Van Gundy doesn’t see the high-scoring forward as a “natural fit” for the team, relays Marc Berman of The New York Post. Van Gundy, who still lives in Houston, believes the Rockets need to focus on defense in any future transactions. “I think they have a lot on their plate integrating [Chris] Paul and [James] Harden,” Van Gundy said. “They’re not going to be better offensively than they were last year. They were the second-best team in the league offensively. I thought they had defined roles everyone knew.”
Efforts to work out a four-team trade that would send Anthony to Houston are currently on hold as new Knicks GM Scott Perry hopes for a face-to-face meeting with his star player before proceeding. New York officials would like Anthony, who can block any deal with a no-trade clause, to expand the list of teams he is willing to join, which reportedly now just includes the Rockets and Cavaliers.
There’s more this morning from the Southwest Division:
- The Spurs never made a serious attempt to keep Jonathon Simmons, tweets Casey Keirnan of News 4 San Antonio. Simmons agreed to a three-year, $20MM deal with the Magic on Friday after the Spurs pulled his qualifying offer and made him an unrestricted free agent. Despite reports that San Antonio was trying to retain Simmons, the team never made him an offer apart from the QO, sources tell Keirnan.
- The Mavericks are taking an international approach to rebuilding their roster, notes Eddie Sefko of The Dallas Morning News. This week’s signing of German star Maxi Kleber could give them as many as seven international players at training camp. Joining roster holdovers Dirk Nowitzki, J.J. Barea, Dwight Powell and Salah Mejri will be Kleber, Nico Brussino and Ding Yanyuhang. However, Brussino’s $1,312,611 salary for next season won’t be guaranteed until Thursday, so he may be somewhere else when camp opens. “You want good players, and it doesn’t matter where you find them,” said president of basketball operations Donnie Nelson. “There are players all over the world. It’s our job to know where they are.”
- After reaching an agreement Saturday with Rajon Rondo, the Pelicans plan to use him and fellow point guard Jrue Holiday as their backcourt starters, according to Marc J. Spears of ESPN.com (Twitter link). Rondo’s friendship with former Kings teammate DeMarcus Cousins was a factor in choosing New Orleans, Spears indicates.
Southwest Notes: Mavericks, Pelicans, Rockets
The Mavericks have liked what they’ve seen from Chinese swingman Ding Yanyuhang in limited Summer League minutes, but may not be able to keep him stateside with a low-paying two-way contract, writes Eddie Sefko of The Dallas Morning News. As Sefko details, if the Mavs want to keep Ding around, it will likely require an NBA contract offer, even if the 23-year-old may not be NBA-ready quite yet.
Within his story on Ding, Sefko also suggests that Nicolas Brussino‘s time with the Mavericks may be coming to an end. Brussino’s salary guarantee deadline for 2017/18 is next Thursday, and the Argentinian swingman seems unlikely to remain in Dallas beyond that date, per Sefko.
Here’s more from around the Southwest division:
- The Pelicans remain in the market for an impact guard and an outside shooter, but would likely need to shed salary to add both, tweets Scott Kushner of The Advocate. As Kushner notes, it will be complicated for New Orleans to accomplish all three goals.
- In an interview with Marc J. Spears of The Undefeated, Chris Paul explained why he felt it was time to move on from the Clippers, and what drew him to the Rockets.
- Isaiah Taylor, who has a non-guaranteed minimum salary for 2017/18, will likely spend the majority of the season with the Rockets rather than the team’s G League affiliate in Rio Grande Valley, per head coach Mike D’Antoni (Twitter link via Jonathan Feigen of The Houston Chronicle). Of course, that assumes Houston doesn’t use Taylor’s non-guaranteed contract to help accommodate a trade.
Mavericks Sign Maxi Kleber
JULY 13, 7:34am: The Mavericks have officially signed Kleber, the team announced today in a press release.
JULY 12, 4:29pm: The Mavericks have reached a deal with German forward Maxi Kleber, according to Emiliano Carchia of Sportando. It will be a minimum contract containing a partial guarantee, tweets Tim MacMahon of ESPN.com.
The 6’9″ Kleber averaged 8.9 points and 5.3 rebounds last year for Bayern Munich in German League action, and 9.7 points and 6.6 rebounds in EuroCup play.
Kleber, 25, is from Wurzburg, the same hometown as Dallas star Dirk Nowitzki.
Heat Paid $5.1MM To Mavs In McRoberts Deal
The Heat took full advantage of the increased limits for cash used in trades last week, sending $5.1MM to the Mavericks in the deal that landed Josh McRoberts to Dallas, reports Ira Winderman of The South Florida Sun Sentinel.
In each NBA league year, teams are permitted to send up to a certain amount of cash in trades, and are permitted to receive no more than that amount as well. In 2016/17, that figure was $3.5MM, but it increased to $5.1MM in 2017/18. That means that the Heat have already used their limit for the current league year, and won’t be able to send out any additional cash in trades until July 2018. Miami could still receive up to $5.1MM in trades, however.
With the cash taken into account, the Mavericks come out ahead in the trade in more ways than one. McRoberts is earning $6,021,175 this year, and A.J. Hammons – who went from the Mavs to the Heat in the swap – is making $1,312,611, so the difference in their salaries is $4,708,564. Dallas received more than enough cash to make up that difference and received a future second-round pick from their troubles. Since they’re acting as an over-the-cap team, the Mavs didn’t sacrifice any cap room by taking on McRoberts, though they now won’t be eligible to receive any more cash in trades until next July.
Meanwhile, the deal is also a win from the Heat’s perspective, since the team had to use every last dollar of cap room to squeeze in new deals for Dion Waiters, James Johnson, and Kelly Olynyk. Cash paid in a trade doesn’t count toward the cap, so by dumping McRoberts’ salary and only taking back Hammons’ modest contract, the Heat were able to just barely create the space necessary for their signings. They also landed Hammons, a player Riley spoke highly of earlier today.
NBA Teams With Cap Room Remaining
We’re only on the 10th day of the NBA league year, but already, the number of teams with cap room still available is dwindling.
Clubs without cap room remaining could create space at some point — the Knicks, for instance, used the last of their cap room to finalize Tim Hardaway‘s offer sheet, but may try to clear salary by trading Carmelo Anthony and/or Courtney Lee. For now though, only a handful of teams have a useful amount of cap space left.
Those teams with cap room are listed below, along with an informal breakdown of what their situation looks like. Many deals haven’t yet been finalized, so these figures our based on our projections, with the help of information from Basketball Insiders and HeatHoops.
Teams with cap room remaining:
- Atlanta Hawks: With agreed-upon deals for Mike Muscala and Tyler Dorsey not yet official, the Hawks retain about $18-19MM in cap room. And that’s not counting whatever amount of money Jamal Crawford was willing to give up in his buyout, so that figure may creep a little higher.
- Brooklyn Nets: The Nets remain in a holding pattern with Otto Porter, but after he officially moves over to the Wizards’ books and Brooklyn completes its trade for DeMarre Carroll, the team should have about $16-17MM in cap room. The Nets could create a little more space by waiving one or more non-guaranteed players.
- Denver Nuggets: Once the Nuggets’ signing of Paul Millsap becomes official, the team won’t have much cap flexibility left, though that could change if Mike Miller is waived and/or Mason Plumlee is renounced. If both of those players remain on the cap, Denver will only have about $2MM in room. If they move on from both players, the Nuggets could get up to about $11MM+ in space.
- Indiana Pacers: Assuming the Pacers stretch Monta Ellis‘ salary, as has been reported, they should have in the neighborhood of $7-8MM in remaining cap room, even after finalizing the acquisitions of Darren Collison, Bojan Bogdanovic, and Cory Joseph.
- Los Angeles Lakers: The Lakers have approximately $17MM in cap room left, though they’d have to renounce their remaining unrestricted free agents to make use of all that space.
- Orlando Magic: The Magic could have retained their exceptions and cap holds and stayed over the cap, but it looks like they’re operating under the cap, signing Shelvin Mack with room instead of the mid-level exception. Orlando doesn’t have much space available, but could get up to $8MM+ in room by waiving C.J. Watson, and could increase that number a little more by cutting other non-guaranteed players.
- Philadelphia 76ers: The Sixers’ remaining cap room will depend on the exact numbers for J.J. Redick and Amir Johnson, but it figures to be in the neighborhood of $16-17MM.
- Phoenix Suns: Alex Len‘s $12MM+ cap hold is a significant factor in the Suns’ remaining cap room. If they were to renounce Len, the Suns could get up to about $23MM in room, with the ability to create even more by waiving non-guaranteed contracts. However, if they keep Len on the books, Phoenix’s cap room is below $11MM, and will be reduced further when Alan Williams‘ new deal becomes official.
- Sacramento Kings: Deals for George Hill, Zach Randolph, Vince Carter, and Bogdan Bogdanovic will use up most of the Kings’ space, but the team should still have room in the $8-10MM range after those signings become official.
Teams that went under the cap, but have used all (or virtually all) of their room:
- Boston Celtics
- Miami Heat
- Minnesota Timberwolves
- New York Knicks
These teams went below the cap this summer to accommodate big-money moves. In some cases, those deals aren’t yet official, but when they’re finalized, they’ll eliminate any cap room these teams have left. A couple of these clubs have already committed their room exception to certain players, with the Celtics on track to sign Aron Baynes and the Wolves lining up a deal with Jamal Crawford.
Teams that are operating over the cap, but could create some cap room:
- Chicago Bulls
- Dallas Mavericks
- Utah Jazz
These teams are currently operating as over-the-cap clubs in order to retain their full mid-level, bi-annual, and trade exceptions, but there could be scenarios in which it makes more sense to renounce those exceptions and dip below the cap.
In the Bulls’ and Mavs’ cases, it would likely only happen if they don’t retain top RFAs (Nikola Mirotic and Nerlens Noel, respectively). Meanwhile, the Jazz could only create up to about $12MM in room if they were to waive their non-guaranteed contracts and wait to sign Joe Ingles.
Note: Items on Indiana Pacers and Orlando Magic were edited after publication to adjust figures.
Dirk Nowitzki Contract Details
- Dirk Nowitzki‘s two-year pact with the Mavericks will pay him an even $5MM in each of the next two seasons, with a second-year team option (Twitter link).
Heat Sign Kelly Olynyk To Four-Year Deal
JULY 7, 3:19pm: The Heat have officially signed Olynyk, the team announced today in a press release.
“As soon as Kelly Olynyk became an unrestricted free agent, we pursued him,” Heat president Pat Riley said in a statement. “He is not only a post player, he can also play away from the basket. What we like the most is that he is a playmaker, tough defender and rugged rebounder. At just 26 years old, he fits in perfect with our young core that will play together in their primes.”
JULY 6, 6:45pm: The Heat have reached an agreement on a four-year contract with free agent center Kelly Olynyk, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that the deal is worth $50MM. Olynyk’s new deal will include a fourth-year player option, Wojnarowski adds (via Twitter).
Because the Celtics withdrew Olynyk’s qualifying offer earlier this week, he’s an unrestricted free agent and can sign outright with Miami. Boston needed to clear the big man’s cap hold from its books in order to help create enough space for Gordon Hayward‘s new maximum salary deal with the team. Until Olynyk’s QO was rescinded, he had been a restricted free agent, but becoming unrestricted helped accelerate his market.
Olynyk, 26, appeared in 75 regular season games for the Celtics last season, averaging 9.0 PPG and 4.8 RPG and once again showed off an ability to make an outside shot (.368 career 3PT%). His most memorable performance in Boston came in Game 7 of the Eastern Conference semifinals against the Wizards, when he helped the C’s seal the series with a 26-point outburst.
By signing with the Heat, Olynyk will join a frontcourt that needed a little depth, given Willie Reed‘s free agency. Veteran power forward James Johnson also reached the open market over the weekend, but Olynyk’s deal won’t preclude a new agreement with Johnson, according to Ira Winderman of The South Florida Sun Sentinel, who tweets that the team still intends to get something done with the unrestricted free agent.
Having now reached eight-figure deals with Olynyk and Dion Waiters, the Heat only have about $6MM in cap room left over, but could open up another $6MM+ by waiving Wayne Ellington‘s non-guaranteed contract and another $4MM or so by stretching Josh McRoberts‘ deal.
Tim MacMahon of ESPN.com reports (via Twitter) that the Mavericks and Heat have had discussions about a trade that would create more space for Miami, so it’s possible that Dallas is willing to take on McRoberts — Tyler Johnson would be the other logical trade candidate on the roster.
Photo courtesy of USA Today Sports Images.
Heat Trade Josh McRoberts To Mavericks
The Heat and Mavericks have officially finalized a deal that sends veteran forward Josh McRoberts to Dallas, the Heat announced today in a press release. In addition to McRoberts, the Mavs will receive a 2023 second-round pick and cash considerations. Miami will acquire young center A.J. Hammons.
The move is a salary dump from the Heat’s perspective, and helps clear the way for the team to finalize its contract agreements with Dion Waiters, Kelly Olynyk, and James Johnson. All three players reached deals with Miami this week that will reportedly pay them between $12-15MM annually.
[RELATED: Heat’s summer contract agreements, via our free agent tracker]
McRoberts has been limited by injuries for the last two seasons, and may not have a future with the Mavericks, who could stretch the final year of his contract if they so choose. Last season, the 30-year-old averaged 4.9 PPG and 3.4 RPG in 22 games (14 starts) for the Heat.
The Heat have already traded their second-round picks in each of the next four years, meaning the earliest pick Miami could have offered would have been its 2022 selection. The club hangs onto that pick in the transaction, sending its 2023 second-rounder instead. Meanwhile, the amount of cash changing hands isn’t known, but the cap for the 2017/18 league year on cash paid or cash received is $5.1MM.
Heat, Mavs Nearing Josh McRoberts Trade
7:54pm: The Mavericks will use a trade exception to absorb McRoberts’ salary, tweets Eddie Sefko of The Dallas Morning News. Dallas has a $6.6MM+ TPE that would fit McRoberts’ $6MM+ salary. The use of that exception signals that the Mavs intend to function as an over-the-cap team for now.
Meanwhile, Charania’s full report on the proposed deal also notes that the Mavs will receive cash from the Heat.
7:12pm: The Heat are working to trade Josh McRoberts to the Mavericks as they look to clear salary, Adrian Wojnarowski of ESPN.com tweets. Shams Charania of The Vertical reports (Twitter links) that Dallas will send A.J. Hammons to Miami in exchange for the power forward.
The Mavericks will also receive a future second-round pick from Miami, Charania adds. The Heat have already traded their second-round picks in each of the next four seasons, meaning the earliest pick Miami could offer would be the 2022 selection.
By removing McRoberts’ salary, which is approximately $6.02MM for the 2017/18 campaign, the Heat should be able to fit in the already agreed upon deals for Dion Waiters and Kelly Olynyk as well as a new contract for James Johnson, something that the team is still working on. Moving the Duke product should also allow the team to keep Wayne Ellington on the roster.
The Heat also have interest in bringing back Luke Babbitt, and figure to keep his cap hold on their books so that they can retain his Bird rights.