Renounced Players: Thursday
Many of the agreements signed during the July moratorium were contingent on teams clearing cap space to accommodate them, and to do so, teams must sometimes renounce their Non-Bird, Early Bird or full Bird rights to their own free agents to erase their cap holds from the books. Teams that renounce those rights no longer have the ability to exceed the cap to re-sign those players unless they use an exception like the mid-level or the biannual. The end of the moratorium usually brings about a fair number of renouncements, so we’ll track today’s here, with the latest on top:
- The Mavs have renounced Dirk Nowitzki, Shawn Marion and Vince Carter, according to Mark Deeks of ShamSports (Twitter link). That doesn’t mean the Mavs don’t intend to re-sign Nowitzki, as they already agreed to do. Teams that sign players to offer sheets are permitted to rescind their renouncements if the original club matches the offer sheet. In this case, the Mavs will rescind their renouncement of Nowitzki if the Rockets match the offer sheet for Chandler Parsons, and they’ll use cap space to re-sign Nowitzki if Houston doesn’t match.
- The Jazz renounced their rights to Richard Jefferson and Brandon Rush, according to Deeks tweets.
- The Hornets renounced Jannero Pargo, Anthony Tolliver, DJ White, Luke Ridnour, Josh McRoberts and Chris Douglas-Roberts, Deeks notes in the same tweet. Just like the Mavs, the Hornets may rescind these renouncement if the Jazz, as they reportedly intend to do, match Charlotte’s offer sheet for Gordon Hayward.
Mavs Rumors: Williams, Carter, Blair, Marion
There’s strong mutual interest between the Mavs and Mo Williams, with Mavs GM Donnie Nelson having called him “the perfect fit in many respects,” reports Tim MacMahon of ESPNDallas.com. Presuming the Rockets don’t match the Mavs’ offer sheet to Chandler Parsons, Dallas would like to re-sign Vince Carter for the $2.732MM room exception, but if Carter doesn’t bite, the Mavs would strongly consider using it on Williams, MacMahon writes. There’s more on Williams amid the latest from Dallas:
- If Carter does take that room exception, the Mavs are holding out hope that they can convince Williams to sign for the minimum salary, since he lives in the area and wants to be near his family, MacMahon tweets. Portland’s deal today with Steve Blake indeed gives the Blazers less of a shot to re-sign Williams, agent Mark Bartelstein tells Chris Haynes of CSNNW.com, but Bartelstein cautioned that there’s still a chance the combo guard stays in Portland.
- The Mavs are also targeting DeJuan Blair for the minimum, and that would be the only price they’d be willing to pay for him, MacMahon also tweets.
- Teams have been checking in with Shawn Marion, but there’s been no movement of any substance toward a deal, and the Mavs will remain in play if they miss out on Parsons, reports Chris Mannix of SI.com (Twitter link).
- Ivan Johnson is a part of the Mavs’ summer league team, but there’s mutual optimism that his relationship with the team will continue into the fall, MacMahon writes in a separate piece. “He’s more than just a summer league guy for us,” Mavs GM Donnie Nelson said. “We’re definitely taking a peak, and we like what we see.”
Eastern Rumors: Ariza, Celtics, Sixers
The Wizards have spoken with Luol Deng, but remain committed to re-signing Trevor Ariza, league sources tell Adrian Wojnarowski of Yahoo! Sports (Twitter link). Here’s more from the East:
- Washington is prepared to offer Ariza a raise from last year’s $7.7MM salary, but not upwards of $9MM, which is what the small forward is reportedly seeking, writes Michael Lee of The Washington Post. Both Ariza and the Wizards have anticipated waiting until LeBron James and Carmelo Anthony make their decisions before any progress for Ariza can be made.
- J. Michael of CSNWashington.com tweets that Ariza is assured of receiving more more money from another team, but that the Wizards hope he will want to remain in Washington for less.
- The Bulls are now being linked as suitors for Ariza by Chris Broussard of ESPN.com (on Twitter).
- The Rockets are weighing whether to match Chandler Parsons‘ offer sheet with the Mavs, or pursue Ariza at a lower price, tweets Broussard.
- The Celtics like the newly acquired Tyler Zeller, but don’t have long term plans for Marcus Thornton, whom they acquired in the same three-team trade, tweets Gary Washburn of The Boston Globe. Washburn says it’s likely Boston will deal away Thornton’s contract or let it expire.
- Before the Celtics agreed to take part in today’s swap, the Cavs reached out to the Magic and just about every other team in the league as they sought a third team to take Thornton in a three-team deal with the Nets, according to Grantland’s Zach Lowe.
- Sixers GM Sam Hinkie acknowledged that his team is in position to help other clubs with its ample cap flexibility, pointing to that as a way to faciliate trades, as he told Bob Cooney of the Philadelphia Daily News as part of a Q&A.
Chuck Myron contributed to this post.
Western Notes: Mavs, Dirk, Calathes, Woodson
The Mavs‘ top three free agent targets for next summer are LaMarcus Aldridge, Marc Gasol, and Kevin Love, according to Tim MacMahon of ESPN Dallas. Here’s more from out West:
- Dirk Nowitzki has already agreed to re-sign with the Mavs at a discounted rate, but Adrian Wojnarowski of Yahoo! Sports tweets that the Rockets have a standing max offer with the future Hall-of-Famer.
- Nick Calathes says he hasn’t asked the Grizzlies to release him, even though it would be to his financial benefit if they did, as Ronald Tillery of The Commercial Appeal details. He’s on a non-guaranteed contract for the minimum salary this season, and the team seemingly intends to keep him, Two European teams loom with three-year, $6.5MM offers, but Calathes is undecided about whether he prefers to remain with the Grizzlies or sign overseas, as he tells Tillery. “Once you see a big offer on the table you’re going to think about it,” Calathes said. “You think about it always. That kind of money obviously can change your life. I’m playing the game I love so I’m real blessed. Whichever way it goes, I’m going to be happy.”
- Mike Woodson will return to the bench next season as a member of Doc Rivers‘ assistant coaching staff with the Clippers, tweets Ken Berger of CBSSports.com. Since being fired by the Knicks at the close of this past season, Woodson has maintained his interest in returning to the bench, but hadn’t been linked with any teams seeking a head coach this offseason.
- Chris Mannix of SI.com suggests that patience on the part of the Wolves could pay off regarding Love, as additional suitors with better assets could surface once the biggest free agent movements are done (via Twitter).
Chuck Myron contributed to this post.
Mavs Nearing Deal With Vince Carter
WEDNESDAY, 7:35pm: If Rockets don’t match the max offer sheet the Mavs and Chandler Parsons have agreed to, it would eliminate cap room in Dallas, but the Mavs are still hopeful Carter would re-sign under their $2.73MM cap room exception, a source tells Tim MacMahon of ESPNDallas.com. That amount would be a pay reduction from Carter’s previous deal, and lower than the steady sixth man anticipated accepting this offseason.
MONDAY, 3:27pm: Carter is indeed drawing closer to a deal with the Mavs, but several teams remain in the running and some are pushing aggressively to snatch him away, as Jeff Caplan of NBA.com hears (Twitter link).
3:02pm: The Mavericks are closing in on a deal with Vince Carter, a source tells Dwain Price of the Fort Worth Star-Telegram (Twitter link). The team is still in the market for Chandler Parsons, Luol Deng, Lance Stephenson, Trevor Ariza and Pau Gasol, Price adds.
The Mavs had been growing confident that they’d reach a deal with Carter, as Tim MacMahon of ESPNDallas.com wrote earlier. It’ll likely be a one- or two-year arrangement between $3.5MM and the $5.305MM mid-level exception, MacMahon adds.
Carter has reportedly been the subject of pitches from the Heat and others, but there’s been strong mutual interest in getting a deal done that would bring the 37-year-old sixth man back to Dallas.
Carmelo Anthony Likely To Re-Sign With Knicks
5:38pm: In addition to Anthony’s enthusiasm about the Calderon addition in New York, ‘Melo believes the Knicks have a shot at landing Pau Gasol this season, a friend of his tells Marc Berman of The New York Post.
3:36pm: Agent Leon Rose tells Ramona Shelburne of ESPNLosAngeles.com that Anthony has not made a decision yet between the Knicks and Lakers (Twitter link). The wording of Shelburne’s tweet seems to suggest those are the only two teams still in consideration, but that remains unclear.
3:24pm: The Knicks haven’t been told of any decision, but they have no reason to believe that Anthony will sign elsewhere, a source tells Ken Berger of CBSSports.com (Twitter link).
3:16pm: A source cautions to Howard Beck of Bleacher Report that Anthony has yet to render a decision, and the teams that have pursued him have received no definitive word (Twitter link).
2:58pm: Carmelo Anthony is ready to announce that he’ll re-sign with the Knicks, barring a change of heart at the last minute, a person close to Anthony tells Frank Isola of the New York Daily News. The person, a friend of Anthony’s, said that Anthony has been hesitating in an effort to make sure he finds the team with the best chance to win a title, and that Anthony is pleased with New York’s acquisition of Jose Calderon.
Anthony will make an announcement Thursday, the friend added, saying to Isola that Anthony “believes in Phil,” a reference to Knicks president Phil Jackson. Sources tell Adrian Wojnarowski of Yahoo! Sports that within Anthony’s camp, the general belief has been that the idea was to take the maximum salary from the Knicks, a roughly $129MM contract over five seasons, and push for a trade later if necessary (Twitter link).
Presumably Anthony will be signing for the max, which the Knicks offered during their meeting with the star forward last week. Still, there reportedly remains a distinct possibility that he’d agree to take his max salary of nearly $22.5MM this season and raises lower than the maximum 7.5% that New York could give him in subsequent years.
The Knicks were seemingly the front-runners at different points throughout the process, though the latest dispatch cast it as a two-team race between New York and the Lakers. The Bulls seemed like the next most likely destination, followed by the Rockets and the Mavs, with whom Anthony also met. The Heat seemed like a darkhorse, but they hadn’t really been in the discussion, Wojnarowski hears, and Anthony hadn’t even been able to reach LeBron James as of a few days ago, Wojnarowski adds (Twitter links). ‘Melo reportedly dreams of pairing up with James in New York.
Mavs Aggressively Courting Chandler Parsons
3:58pm: Executives around the league expect the Mavs to tender Parsons a “major offer sheet” at some point, according to USA Today’s Sam Amick.
MONDAY, 8:28pm: Dallas is waiting for confirmation that they won’t be able to land James or Anthony before extending an offer sheet to Parsons, a source tells Eddie Sefko of the Dallas Morning News.
2:46pm: The Mavs are making a push to sign restricted free agent Chandler Parsons to an offer sheet, sources tell Adrian Wojnarowski of Yahoo! Sports (Twitter link). Dallas can come to an agreement on the offer sheet at any time, but Houston’s three-day window to match wouldn’t start until Thursday, the first day after the end of the July moratorium.
Parsons has been a popular man since free agency began with the Bulls, Wolves, Lakers, Suns, and Celtics also showing varying degrees of interest in the Rockets’ restricted free agent. The ramped up pursuit of Parsons could be a sign that Dallas feels they’re on the outside looking in when it comes to LeBron James and Carmelo Anthony. Luol Deng has also been mentioned as a possible Plan B for the Mavs if they were unable to land one of this summer’s top two free agents.
Spurs Sign Bryce Cotton
2:35pm: Cotton’s guarantee is only for $50K, tweets Mark Deeks of ShamSports.
WEDNESDAY, 8:38am: The contract is “nominally guaranteed” for the first season and non-guaranteed for 2015/16, according to Jeff McDonald of the San Antonio Express-News. It’ll become fully guaranteed if he makes the opening night roster, McDonald adds, though I suspect that full guarantee would apply to this coming season, and not 2015/16 (Twitter links).
MONDAY, 6:23pm: Cotton has officially signed with the Spurs, the team announced.
SUNDAY, 8:55am: A source tells Jabari Young of the San Antonio Express-News that Cotton remains unsigned (Twitter link). Young suggests that the deal on the table from the Spurs is just a summer league arrangement and says that Cotton is on the lookout for something more.
JULY 2ND, 11:24am: The deal is expected to be formally signed on Wednesday, Charania writes in his full piece, and since minimum-salary contracts are some of the few that can become official during the July moratorium, that suggests that Cotton is indeed getting the minimum. Several teams offered to draft him if he agreed to play overseas next season, but he rejected those entreaties, according to Charania, who identified the Mavs as another team that had interest. The second season is fully guaranteed if he makes the team out of training camp, Charania adds, presumably referring to this year’s training camp.
11:11am: The Spurs and undrafted Providence guard Bryce Cotton have agreed on a partially guaranteed two-year deal, reports Shams Charania of RealGM (Twitter link). Presumably the arrangement is for the minimum salary, or something close to it.
San Antonio worked out Cotton prior to the draft, and while the team held multiple late second-round picks at one point, it wound up trading two of them and using the 54th overall pick on Nemanja Dangubic. I wouldn’t be surprised if the shoulder injury to Patty Mills, which may keep him out for up to seven months, played a role in Cotton’s deal.
Cotton notched 21.8 points, 5.8 assists and 2.4 turnovers per game in his senior season with the Friars. He also averaged 39.9 minutes per outing, nearly the length of an entire college game.
‘Melo Wants To Play With LeBron On Knicks
1:59pm: Heat assistant GM and salary cap expert Andy Elisburg will also be at Miami’s meeting with LeBron, according to Wojnarowski (Twitter link).
12:31pm: James and agent Rich Paul will meet with only Riley today, according to Broussard, who corrects his earlier report that Spoelstra, Arison and Wade would take part (Twitter link).
11:51am: Several teams believe Anthony is delaying his decision until he knows what James is going to do, as Ian Begley and Ramona Shelburne of ESPN.com write. There’s been a strong belief of late that Anthony is likely to choose between the Lakers and Knicks, the ESPN scribes say. The Lakers are waiting on both Anthony and James, but they’re beginning to get impatient, worried that they’ll miss out on Pau Gasol and Trevor Ariza, among others, as they hesitate, according to Begley and Shelburne. The Lakers, like the Suns and Cavs, have explored the notion of clearing cap room both Anthony and James, but they haven’t gotten far, according to the ESPN report.
10:38am: There’s still a belief among GMs that James will end up re-signing with the Heat on a one- or two-year max contract, tweets Adrian Wojnarowski of Yahoo! Sports. That conflicts with Mannix’s report that James is seeking a three-year commitment.
8:47am: Carmelo Anthony dreams of playing with LeBron James on the Knicks, a friend of Anthony’s tells Marc Berman of the New York Post. Berman reported earlier this week that the Knicks were worried that Anthony was hesitating to make a decision while the possibility still exists that he could join James on the Heat or the Lakers, but it appears that ‘Melo’s ideal setting for that scenario would instead be New York. Still, Anthony’s friend says the Knicks star hasn’t made up his mind about returning to New York.
Most NBA executives are confident that Anthony will return to the Knicks, given the inherent financial advantage of re-signing with the team, according to Frank Isola of the New York Daily News. Still, money won’t be the only factor in the decision, a person close to Anthony tells Isola. Anthony worked out with Thunder star Kevin Durant in Los Angeles recently, and Durant gave Anthony a strong endorsement of new Knicks coach Derek Fisher, tweets Adrian Wojnarowski of Yahoo! Sports.
Knicks president Phil Jackson is attempting to clear cap room to facilitate Anthony’s long shot hopes of teaming with James in New York, as Berman hears from Anthony’s friend. The Knicks have reportedly shopped Amar’e Stoudemire, and perhaps Andrea Bargnani as well, to open up space. Yet there’s a growing belief that Jackson would be open to a sign-and-trade with another team should Anthony decide to play elsewhere, Isola writes.
The friend of Anthony’s who spoke to Berman insists that James is fond of Jackson and would like the chance to play with ‘Melo. Another source tells Berman that the buzz surrounding the possibility that James would sign with the Cavaliers is coming from the Cavs themselves in an effort to enhance their reputation. The Mavs expect another meeting with LeBron’s representatives again this week in Las Vegas, although it isn’t clear whether or not LeBron will attend, a source tells Eddie Sefko of the Dallas Morning News.
James is meeting today with Heat president Pat Riley, and Chris Broussard of ESPN.com hears coach Erik Spoelstra, owner Micky Arison and Dwyane Wade will also be in attendance (Twitter link). Miami’s contingent enters the sitdown with “nervous anticipation” and no real sense of how James will react to the club’s offseason moves, tweets Chris Mannix of SI.com. James is looking for a three-year commitment in his next deal, Mannix adds (Twitter link), contradicting earlier reports that indicated he would look for an opt-out after one season.
Ryan Raroque contributed to this post.
Nets, Cavs, Celtics Close To Jarrett Jack Trade
9:38am: The Cavs will probably end up with a future second-round pick when the deal gets done, according to Stein (Twitter link).
WEDNESDAY, 9:35am: An agreement is close on a three-way deal involving Cleveland, Brooklyn and Boston that would send Jack to the Nets, Stein tweets. Karasev would go to Brooklyn as well. The Celtics would receive Thornton, Tyler Zeller and a first-round pick, Stein adds (on Twitter). It’s unclear what the Cavs would get, but it appears as though they would receive the cap flexibility to acquire LeBron. Boston would be using its nearly $10.3MM trade exception to acquire Thornton, according to Jeff Goodman of ESPN.com, who adds that the first-rounder the Celtics are getting is for 2016 (Twitter link).
10:23am: The Hawks are among the teams the Cavs have recruited as a potential landing spot for Thornton, according to Ken Berger of CBSSports.com (Twitter links). The Hawks have nonetheless shown little interest in Thornton, Berger adds (on Twitter).
8:51am: The Cavs, who had reportedly been shopping Jack and draft picks, are now doing the same with Thornton and picks on the assumption they’d be able to get Thornton from the Nets, as Adrian Wojnarowski of Yahoo! Sports details. Cleveland is also making Sergey Karasev available in trades, Wojnarowski adds.
JULY 7TH, 7:59am: The Cavs and Nets have a deal in place contingent upon finding a third team to absorb Thornton, as Adrian Wojnarowski of Yahoo! Sports said Sunday on Fox Sports Radio, and as Sam Amico of Fox Sports Ohio confirms. The Suns, Mavs and Timberwolves are among the teams potentially interested in Thornton, Amico hears. Cleveland has been shopping Jack and dangling a draft pick to go along with him, as Wojnarowski reported this weekend, and one way or another, the Cavs intend to trade Jack before the coming season begins, a source tells Amico. Unloading Jack has become key to Cleveland’s efforts to clear max cap room for LeBron James, as we passed along earlier.
JULY 2ND, 9:56pm: As predicted by ESPN.com’s Marc Stein, the Nets and Cavs are revisiting talks of a Thornton-Jack swap, tweets Ohm Youngmisuk of ESPNNewYork.com.
1:43pm: The Kings are interested in Jack, too, but they’re holding off until they know what happens with restricted free agent Isaiah Thomas, according to Sam Amico of Fox Sports Ohio.
JULY 1ST, 8:14pm: The loss of Shaun Livingston is likely to resurrect the Thornton-for-Jack trade talks, tweets Marc Stein of ESPN.com.
JUNE 23RD, 8:01am: Sam Amico of Fox Sports Ohio is also hearing denials of Thornton-Jack talks, though Jack’s name has come up as the Cavs discuss potential trades with other teams, Amico says.
SATURDAY, 3:47pm: League sources deny that the Nets and Cavs have discussed a Thornton/Jack swap, tweets Michael Scotto of Sheridan Hoops.
2:36pm: The Nets and Cavs are discussing a trade that would center around Marcus Thornton and Jarrett Jack, reports Marc Stein of ESPN. Cleveland is interested in freeing up cap space by shedding Jack’s contract, which is guaranteed through 2015/16, in favor of Thornton’s expiring pact, says Stein, who adds that Brooklyn is among the few teams in the league undeterred from acquiring Jack’s extended deal.
Jack signed a $25MM contract with the Cavs last summer after a successful 2012/13 campaign in which he came off the bench behind Stephen Curry for the Warriors. His 2013/14 season was a disappointing one however, as the point guard shot just 41% from the floor and posted a career-low 11.5 PER.
Thornton was acquired by the Nets at last season’s trade deadline, and he proved to be a valuable asset for Brooklyn, averaging 12.3 points per night in just 23.8 minutes per contest. He’s set to enter free agency after the 2014/15 season.
According to Stein, the Nets fear they’ll lose free agent-to-be Shaun Livingston this offseason after a year in which the often-injured point guard exceeded expectations on a minimum-salary contract, and the club is looking to replace his production by acquiring Jack from the Cavs. Brooklyn, deep in the luxury tax, would only be able to offer Livingston a three-year deal in the neighborhood of $10MM using the taxpayers mid-level exception. The Timberwolves are one team rumored to be interested in Livingston that can make a more lucrative offer.