Denver Nuggets Rumors | Hoops Rumors

Latest On Kyrie Irving

July 24th, 2017 at 12:25pm CST by Luke Adams

There’s little chance that the Cavaliers will salvage their relationship with Kyrie Irving, according to ESPN’s Zach Lowe, who says the team is “acting as if a trade is almost inevitable.” Per Lowe, the Cavs also seem confident that they’ll be able to land a significant haul for Irving, despite the fact that stars like DeMarcus Cousins, Paul George, and Jimmy Butler have returned underwhelming hauls so far this year.

Lowe’s latest piece on Irving explores possible trade scenarios involving the Suns, Celtics, Heat, Knicks, Hawks, Bucks, Nuggets, Timberwolves, Pelicans, and more. While many of those proposed scenarios appear to be speculation on Lowe’s part, they give the impression that the Cavs certainly won’t be limiting themselves to Irving’s reported wish list of four teams as they seek out the best possible deal.

Here’s more from Lowe, along with other updates on Irving:

The Cavaliers‘ highest priority in an Irving trade is to get a “blue-chip” young player in return, sources tell Lowe. Cleveland’s ideal scenario would be a deal that nets the club that blue-chip player, plus a veteran or two, plus draft picks. In other words, the Cavs are aiming for a trade package that provides the best of both worlds — players that can help the team contend for a championship in the short term, and valuable long-term assets.
Since Irving made his trade request, the Cavaliers‘ front office has studied every trade involving a star player over the last decade, per Lowe. One particular deal that caught the club’s eye was the one that sent Goran Dragic from Phoenix to Miami for a package that included multiple first-round picks.
Many teams, including the Celtics, have called the Cavaliers to let them know they want to be kept in the loop as trade talks progress, writes Lowe.
The Nets still have a chunk of salary cap room remaining and could be an interesting trade partner in a multi-team scenario, but there have been no rumblings yet about their potential participation, according to Lowe.
The Kings have no interest in moving De’Aaron Fox in a deal for Irving, reports James Ham of CSNBayArea.com.
One Western Conference team executive tells Chris Mannix of The Vertical that he thinks the Cavaliers may end up having to wait until after December 15 to make a deal, after this year’s free agent signees become trade-eligible. If that happens, it might create an awkward few months in Cleveland, with Irving still on the roster when the season begins.

Cavaliers Were Close To Acquiring Paul George

July 23rd, 2017 at 9:50am CST by Arthur Hill

The Cavaliers nearly landed Paul George in a three-team deal in late June, according to ESPN’s Ramona Shelburne, Dave McMenamin and Brian Windhorst.

The trade would have sent Kevin Love to Denver and Gary Harris and other assets to Indiana, but Pacers president Kevin Pritchard reportedly backed out before everything was finalized.

Prior to the draft, Cleveland made trade offers to the Pacers for George and to the Bulls for Jimmy Butler. Once the Wolves acquired Butler on draft night, the Cavs stepped up their efforts for George, with the Nuggets agreeing to send Harris and the No. 13 pick to Cleveland, which would include those assets in a deal with Indiana. However, the Pacers put the trade on hold as they talked to the Trail Blazers about a deal to acquire all three of Portland’s first-rounders in exchange for George. Both proposals eventually fell through.

The Cavs continued to work on the trade following the draft, and an agreement was reached on June 30th. All three teams tentatively okayed to the deal on a conference call, and Cleveland began targeting free agents to fit with George. However, Pritchard changed his mind and the news broke soon after that George was headed to Oklahoma City.

The failed trade was part of a tumultuous offseason for the Cavaliers, as the ESPN authors examine in a lengthy piece. Cleveland also parted ways with GM David Griffin and was unable to land Chauncey Billups, who interviewed twice as a potential replacement. The team missed out on marquee free agents and had to settle for Jose Calderon and Jeff Green. Then star guard Kyrie Irving held a meeting with owner Dan Gilbert on July 7th where he issued a request to be traded.

Irving was reportedly angry that his name had been included in offers for Butler and George, and has been unhappy for some time with how much James dominates the ball. He also believes the team defers too much to James, noting that LeBron’s friend, Randy Mims, was given a position as executive administrator and flies on the team plane, while none of Irving’s friends has a similar arrangement.

The front office and the players have been aware of Irving’s intentions for two weeks, and there is confidence in the organization that the team can get enough assets for Irving to remain a contender. The Cavs have been inundated with calls from interested teams since the story broke on Friday.

Nuggets Sign Monte Morris To Two-Way Contract

July 21st, 2017 at 10:48am CST by Luke Adams

The Nuggets have signed second-round pick Monte Morris to a two-way contract, the team announced today in a press release. It’s the second two-way deal for Denver — the club confirmed earlier this week that forward Torrey Craig received the other one.

Morris, 22, played his college ball at Iowa State, averaging 16.4 PPG, 6.2 APG, and 4.8 RPG in his senior year. The young point guard was selected 51st overall in the 2017 NBA draft last month, so he’ll become the highest pick so far to agree to a two-way contract rather than an NBA deal.

Two-way contracts are a new addition to the NBA’s latest Collective Bargaining Agreement, so it has been interesting to see how teams have been using them for second-round picks in particular. So far, the four players drafted between Nos. 51 and 54 have all reportedly agreed to two-way deals.

For more information on how two-way contracts work, be sure to check out our FAQ.

Nuggets Sign Torrey Craig To Two-Way Contract

July 19th, 2017 at 3:38pm CST by ChrisCrouse

JULY 19: The Nuggets have officially signed Craig to a two-way contract, the team announced today in a press release.

JULY 16: The Nuggets and Torrey Craig have agreed to a deal to add the small forward to the team, Orazio Cauchi of Sportando reports. The deal will be a two-way contract, according to Chris Dempsey of the Denver Post (Twitter link).

Players on two-way deals will spend most of their season in the G-League since they cannot spend more than 45 days with an NBA club, as our glossary page on two-way contracts shows.

Craig, who has had an impressive Summer League for Denver’s squad, played abroad over the last several seasons. He earned the NBL Best Defensive Player Award as well as All-NBL Second Team honors while playing for the Brisbane Bullets during the 2016/17 season.

Carmelo Anthony Trade Talks On Hold

July 14th, 2017 at 9:13am CST by ChrisCrouse

JULY 14, 9:13am: As the Knicks regroup on the Anthony front, the team’s primary hope is that Carmelo will consider expanding his wish list beyond Houston and Cleveland, a source tells Marc Berman of The New York Post.

Anthony, who has a no-trade clause, could veto any deal, but has expressed a willingness to waive that NTC for the Rockets or Cavaliers — the Knicks have been unable to work out a deal with either of those teams, so adding more clubs to the list could increase their chances of getting something done.

Berman also notes within his story that the Nuggets were among the clubs who explored getting involved in three- or four-team trade talks when those discussions were active.

JULY 13, 9:04pm: The Knicks have paused Carmelo Anthony trade talks with both the Rockets and Cavaliers, according to Adrian Wojnarowski and Ramona Shelburne of ESPN.com. New York would like to reopen dialogue with Anthony about “reincorporating him into the organization.”

It was previously reported that Anthony’s representatives wanted to see a deal get done this week. The Rockets and Knicks were looking to pull off a multi-team trade and were searching for a fourth team to help facilitate a deal. The two sides discussed a three-team deal last weekend, but those talks reportedly “stalled.”

Scott Perry’s pending arrival as GM has made team executive Steve Mills reconsider his stance on trading Anthony, the pair of scribes add. Perry, who currently is the Kings VP of basketball operations, and the Knicks have agreed on a deal to make the executive the team’s new GM. However, Sacramento and New York still need to work out compensation in order to finalize Perry’s hiring.

The Knicks would like Anthony to meet with the team’s new front office as well as coach Jeff Hornacek soon, but the pair of ESPN scribes add that it’s unlikely Anthony will respond with eagerness to stay with the franchise.

The Rockets acquired Chris Paul two weeks ago and since the trade, Houston has been cited as a potential landing spot for Anthony. In order to bring the 10-time All-Star aboard, Houston would presumably need to move Ryan Anderson, who will earn more than $19.5MM during the 2017/18 campaign. New York has no interest in adding Anderson to the team.

Nuggets Officially Sign Paul Millsap

July 13th, 2017 at 12:38pm CST by Austin Kent

JULY 13, 12:38pm: The Nuggets have officially signed Millsap, the team announced today (via Twitter).

JULY 3, 10:05am: Millsap’s third year will be a team option, Nick Kosmider of The Denver Post confirms. We’ll have to wait for Millsap to officially sign to see whether it’s a true team option, or whether that third year will just be non-guaranteed (perhaps with a buyout attached).

JULY 2, 10:00pm: The Nuggets have reached a deal with Paul Millsap, Shams Charania of The Vertical tweets. The agreement is said to be for three years and $90MM. Matt Moore of CBS Sports suggests (via Twitter) that the third year is a team option, which would be a coup for the Nuggets, though that hasn’t yet been confirmed.

[RELATED: 2017 NBA Free Agent Tracker]

Millsap entered free agency as one of the most talented players available and will join a Nuggets squad currently anchored by promising youngsters Nikola Jokic, Gary Harris and Jamal Murray.

In Millsap, the suddenly dangerous Nuggets will add a reliable veteran on the heels of four consecutive All-Star seasons. In 2016/17, the 32-year-old averaged a career high 18.1 points to go along with 7.7 rebounds and over a three-pointer per game. He ranked fifth on our list of 2017’s top 50 free agents.

Prior to committing to the Nuggets, Millsap had engaged in talks with the Kings and Suns, according to Charania in his full report for The Vertical. Charania suggests that the forward was ultimately intrigued by the young core that the Nuggets have assembled. The Timberwolves also reportedly had interest in Millsap, but would have needed to move contracts to create space for him, and opted instead to sign Taj Gibson to a more affordable deal.

Millsap’s move to Denver makes him the latest Eastern Conference star to head west. Three of this year’s Eastern All-Stars have joined Western Conference clubs in the last couple weeks, with Jimmy Butler traded to Minnesota and Paul George landing in Oklahoma City.

The Nuggets had attempted to make a splash in the free agent market a year ago, meeting with Dwyane Wade and making a strong pitch to the veteran guard. While Denver struck out in 2016, the team got its man this time around, and the timing is good for the franchise — Gary Harris is extension-eligible this offseason, and Nikola Jokic may be a restricted free agent next summer, so the window to sign a max free agent may have closed quickly. Millsap had been on Denver’s radar for some time, with reports suggesting the team was close to trading for him last offseason and prior to the 2017 trade deadline.

As for the impact Millsap will have on Denver’s free agency plans this summer, it looks as if the Nuggets still have enough room for Mason Plumlee‘s qualifying offer after their commitment to Millsap, which will allow the team to match any offers for Plumlee.

However, the club seems likely to renounce Danilo Gallinari‘s cap hold to fit in Millsap, which would eliminate the possibility of a new deal in Denver for the longtime Nugget. Of course, during the moratorium, discussions are always fluid, so it’s possible Denver could make trades to clear other contracts and maintain Gallinari’s cap hold.

As things stand right now, Millsap’s deal will eat up most of the rest of the Nuggets’ cap room, but the club will still have a little space, and will be able to use its $4.3MM room exception once that space is used.

Meanwhile, the Hawks will have a new-look frontcourt under new GM Travis Schlenk, who also traded Dwight Howard last week. Atlanta will lose a key big man in free agency for the second offseason in a row, with Millsap departing a year after Al Horford left for Boston. Still, Schlenk never sounded overly enthusiastic about making an aggressive offer for Millsap, and letting him walk will leave the team with more than $30MM in cap room to use elsewhere.

Photo courtesy of USA Today Sports Images. Luke Adams contributed to this post.

Nuggets Waive Mike Miller

July 11th, 2017 at 3:00pm CST by Luke Adams

The Nuggets have parted ways with Mike Miller, announcing today that the veteran guard has been waived from the roster (Twitter link). Miller’s salary for 2017/18 would reportedly have become fully guaranteed if he remained under contract beyond Wednesday.

Miller, 37, appeared in just 20 games for the Nuggets last year in his second season with the club. The veteran sharpshooter played a career-low 7.6 minutes per game, averaging just 1.4 PPG and 1.9 RPG. During his very limited playing time, Miller still exhibited an ability to shoot from outside, making 40% of his three-pointers (albeit on just 20 attempts).

Miller’s contract with the Nuggets called for him to earn a $3.5MM salary in 2017/18, but that entire figure was non-guaranteed, according to Basketball Insiders. As such, cutting Miller allows Denver to clear that amount from its cap, opening up a little more room.

Assuming Mason Plumlee‘s cap hold stays on the Nuggets’ books and Paul Millsap‘s deal is finalized soon, the team should have about $5.5MM in cap space, plus its $4.3MM room exception. Those figures can’t be combined to use on a single player.

Free Agent Rumors: Dedmon, Teague, Timberwolves, Heat

July 10th, 2017 at 9:54pm CST by Dana Gauruder

The Hawks are interested in free agent center Dewayne Dedmon, Michael Scotto of Basketball Insiders tweets. They are also looking at Willie Reed, Scotto passes along in the same tweet via Alex Kennedy of HoopsHype. The Nets and Celtics have also been mentioned as possibilities for Dedmon, who played for the Spurs last season. Reed, who played for the Heat last season, met with the Clippers on Friday and has drawn interest from several other clubs.

In other developments involving free agency:

The Kings and Nuggets along with his former team, the Pacers, were interested in Jeff Teague before he signed with the Timberwolves, Darren Wolfson of KSTP-TV tweets via his colleague Joe Schmit. The Kings wound up signing point guard George Hill, while the Nuggets spent most of their free agent money on power forward Paul Millsap. Teague signed a three-year, $57MM deal with Minnesota.
Timberwolves coach and president of basketball operations Tom Thibodeau is still shopping for two wings and a point guard to upgrade their bench, Wolfson notes in a separate tweet. However, Thibodeau has likely filled one of those wing spots with Jamal Crawford, who agreed to a two-year contract after negotiating a buyout agreement with the Hawks and being placed on waivers. Crawford has cleared waivers and is expected to sign sometime this week, Chris Haynes of ESPN tweets.
The Heat are in discussions with forwards Luke Babbitt and Udonis Haslem, according to an Associated Press report. Those deals, if completed, would likely be veteran minimum, the report adds. Babbitt appeared in 68 games, including 55 starts, for the injury-depleted Heat last season. Haslem saw action in just 16 games.

Clippers Sign Milos Teodosic

July 10th, 2017 at 3:27pm CST by Arthur Hill

JULY 10, 3:27pm: Teodosic has officially signed his contract with the Clippers, according to a tweet sent out by his agency.

JULY 6, 1:44pm: European point guard Milos Teodosic has reached an agreement with the Clippers, tweets Adrian Wojnarowski of ESPN.com. It will be a two-year, $12.3MM contract with a player option on the second season (Twitter link).

Several teams have been in competition for the 30-year-old, who is considered to be one of the top players outside the NBA. He was reportedly seeking a three-year deal worth $25MM to $30MM, but his new contract is substantially less, at least in the first season.

The Heat, Kings, Nuggets, Jazz, Nets, Bulls and Timberwolves were among the other teams that expressed interest. Minnesota offered its room exception, but understood that he could get more money elsewhere, tweets Darren Wolfson of 5 Eyewitness News. Brooklyn decided that Teodosic’s defensive shortcomings made him a poor candidate for big money or big minutes, according to NetsDaily (Twitter link).

A star with Serbia at the 2016 Olympics, Teodosic made his current team, CSKA Moscow, one of the best in the Euroleague. He has averaged 16.1 points per game over the past two seasons and 6.5 assists over the last three. The Russian squad was hoping to keep him, but admitted that it couldn’t compete financially with NBA teams.

Teodosic’s signing may end the Clippers’ interest in Derrick Rose, who met with the team on Wednesday. With Patrick Beverley and Lou Williams already on the roster, there doesn’t seem to be any room for Rose.

NBA Teams With Cap Room Remaining

July 10th, 2017 at 11:08am CST by Luke Adams

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.