Nuggets Rumors

Nuggets Sign Axel Toupane To Second 10-Day

March 14th, 2016 at 10:17am CST by Arthur Hill

MONDAY, 10:17am: The signing is official, the Nuggets announced (Twitter link). It’ll cover six games, against the Heat, Magic, Hornets, Hawks, Cavs and Sixers.

SUNDAY, 10:37am: The Nuggets will sign Axel Toupane to a second 10-day contract, tweets Chris Dempsey of The Denver Post. The rookie swingman has impressed the Denver coaching staff since signing with the team on March 3rd, averaging 4.6 points in 13.4 minutes of action. He scored 10 points Thursday in a win over Phoenix.

“Axel has been terrific,” Nuggets coach Michael Malone told Dempsey. “I like guys — and it’s appropriate for guys on a 10-day contract — to fit in before you try to stand out. Axel comes in here — yeah, he knows Joffrey [Lauvergne] for a long time — but he doesn’t try to be anything he’s not. He knows his role, he works hard.”

Toupane, who collects $30,888 on each 10-day deal, was an affiliate player with the Raptors before joining the Nuggets. He had been with Toronto’s D-League team since being cut in the preseason. Denver picked him up after Danilo Gallinari tore two ligaments in his right ankle. This is Toupane’s first season in North America after several years with Strasbourg IG in his native France.

“Everybody did a great job to work with me on the team and make me feel part of the family,” Toupane said, according to Dempsey. “I had no expectation coming here. I just wanted to, every time the coach called my name, just go all out and give everything I had. I’m just happy to be here and just go hard and give everything I have.”

Western Notes: Augustin, Gordon, Barton, Varejao

March 8th, 2016 at 11:15am CST by Chuck Myron

Nuggets deadline trade acquisition D.J. Augustin has quickly taken to his new surroundings and says he’d love to re-sign with Denver when he hits free agency this summer, as Christopher Dempsey of The Denver Post relays. Coach Michael Malone is a fan of the point guard, particularly his offense, as Dempsey relays.

“I would love to be here,” Augustin said. “It’s a great city, great fans. I love the coaching staff and organization. Everything is great. So, I would love to find a home here.”

Augustin hoped for a chance to join a team that would give him more playing time as he faded from the Oklahoma City rotation this season, and while he expressed his appreciation to the Thunder for facilitating such a deal, he said he didn’t ask for a trade, Dempsey notes. See more on the Nuggets amid news from the Western Conference:

Eric Gordon is having surgery today on his broken right ring finger, a source told Scott Agness of VigilantSports (Twitter link). No timetable exists for the soon-to-be free agent who suffered the injury Saturday, though the Pelicans reportedly fear it’s a season-ender. It’s the same finger Gordon broke in January, an injury that forced him to miss about five weeks. The final day of the regular season is five weeks from Wednesday.
Malone knew little about Will Barton when the coach took over the Nuggets in the offseason, but the 25-year-old shooting guard is team’s second leading scorer this year, the first on a new three-year, $10.6MM deal, as Jason Jones of The Sacramento Bee examines. “I’d be lying to you if I said I expected him to play as well as he has this year,” Malone said. “He’s a hard worker. He committed himself to getting better, coming back as an improved player and, like all players, I feel he’s taken full advantage of the opportunity given him. We play him 25, 30 minutes a night, put the ball in his hands and allow him to make plays and he’s done a great job of doing that, especially in the open court.”
Warriors assistant GM Travis Schlenk acknowledged that recent signee Anderson Varejao isn’t what he used to be, but Schlenk said in a radio appearance with Matt Steinmetz on 95.7 The Game’s “NBA This Week” show that Varejao and Joakim Noah were the best centers in the NBA three years ago. The 33-year-old Varejao only twice averaged double-figures in either points or rebounds, peaking in 2012/13 at 14.1 points and 14.4 rebounds per game, though he played only 25 games that season because of injury.

And-Ones: Weems, Mirotic, Augustin

March 7th, 2016 at 10:44pm CST by Dana Gauruder

The Sixers acquired swingman Sonny Weems to reach the salary floor but they plan to take a hard look at him, Keith Pompey of the Philadelphia Inquirer reports. The Sixers claimed Weems from the Suns on Monday, allowing them to reach the minimum team salary requirement for the season since they’ll get credit for his full $2.814MM salary, even though they’ll only have to pay less than $700K, as Eric Pincus of Basketball Insiders points out (Twitter link). The Sixers made similar moves to reach the floor last season, including a claim of power forward Thomas Robinson, whom they did not re-sign, Pompey notes. Weems may be a different case. Robert Covington, Nik Stauskas and Hollis Thompson are the only true wing players on the roster, and thus Weems should get some opportunities to play, Pompey adds. A league source conceded to Pompey that it looks unseemly for the Sixers to work the system to meet the salary floor two years in a row but argued that the team has a legitimate need for a wing player that Weems can fulfill.

In other news around the league:

Bulls power forward Nikola Mirotic has to prove he’s part of their future, now that he’s returned from an appendectomy, Joe Cowley of the Chicago Sun-Times opines. He endured major growing pains during his second season with the team prior to the injury and he now has to work his way back into shape and be productive, Cowley continues. “You can’t play scared that if you get hit, something may happen, or you’ll have a setback,” Bulls coach Fred Hoiberg told Cowley and other members of the Chicago media. “You just have to go out there and react and play. I think it was big step for Niko. Now it’s a matter of getting his lungs in shape and getting his wind back.’
Point guard D.J. Augustin has revived his career with the Nuggets, Erik Horne of The Oklahoman writes. Augustin averaged 12.8 points and shot 54.3% on 3-point attempts in his first nine games with Denver after he was acquired in a trade deadline deal from the Thunder. Meanwhile, Oklahoma City has averaged 16.4 turnovers, fourth-most in the league, since the trade, Horne notes.
The Warriors recalled power forward Kevon Looney from their D-League affiliate, as the Santa Cruz Warriors tweet.
The Thunder assigned forwards Josh Huestis and Mitch McGary to their D-League affiliate, the Oklahoma City Blue, according to the team’s website. Huestis has already appeared in 16 D-League games this season, while McGary has played 17 games with the Blue.

And-Ones: Anthony, Marks, Lucas, Tavares

March 6th, 2016 at 11:08pm CST by Arthur Hill

Five years later, no clear-cut winner exists in the blockbuster trade that sent Carmelo Anthony from the Nuggets to the Knicks, writes Stefan Bondy of The New York Daily News. The teams have combined to win just one playoff series since the 12-player deal, Bondy notes, when New York defeated the Celtics in 2013. The Knicks got the superstar they wanted, but Denver wound up with two young but frequently injured players in Danilo Gallinari and Wilson Chandler. The Sixers benefited, as the Knicks’ first-rounder was sent to Denver, which later traded it to the Magic, which dealt it to Philadelphia, which ended up with the rights to Dario Saric.

There’s more from around the basketball world:

Sean Marks, whom the Nets hired as GM last month, said he has tried to learn something important during every stop in his NBA career, writes Ira Winderman of The Sun-Sentinel. As a player, Marks spent two seasons under current Heat president Pat Riley from 2001 to 2003. “The vision of it’s not about me,” Marks said. “Pat Riley’s, ‘The disease of me,’ I’ve obviously taken that from him.”
John Lucas III, who played briefly with the Pistons last season, has been waived by the Pacers affiliate in the D-League, tweets Chris Reichert of Upside and Motor. The move took place because he has plans to sign with an overseas team, Reichert hears.
The Hawks sent center Edy Tavares to the Austin Spurs in the D-League, the team announced today. Tavares has appeared in 12 games with Austin this season, but also two with Canton and two with Bakersfield because the Hawks don’t have a direct affiliate. He is averaging 9.6 points and 9.1 rebounds in D-League play.
The Clippers have assigned guard C.J. Wilcox to the Cavs affiliate in the D-League. The Clippers also don’t have a direct affiliate, so Wilcox has played for Canton and Bakersfield in two prior D-League stints this season. His D-League averages are 17.8 points, 4.1 rebounds and 2.9 assists in 15 games.

Northwest Notes: Mohammed, Mudiay, Stotts

March 6th, 2016 at 11:24am CST by ChrisCrouse

The Thunder signed Nazr Mohammed to be a team leader in the locker room, Berry Tramel of the Oklahoman writes. “He knows what’s right and what’s wrong,” Russell Westbrook said. “He definitely can keep everybody accountable and try to find ways to help us win more games.” Mohammed reached the finals with Oklahoma City’s 2012 team, backing up Kendrick Perkins at the five.

The team traded Perkins away at last year’s deadline and the team misses the center’s presence in the locker room, Tramel adds. Mohammed should provide leadership, just in a different way than Perkins did.

“Perk’s a special guy.” Mohammed said. “His voice is always going to be hard to replace because that’s just his personality. I speak in my own way. I’m definitely a vocal guy, but I’m more of a pull-a-guy-to-the-side-and-explain type of guy and only speaking to the group when necessary.”

Here’s more from the Northwest Division:

The Nuggets believed Emmanuel Mudiay could be an elite player when they drafted him No. 7 overall last summer and although he struggled to begin the season, the point guard is starting to look the part, Christopher Dempsey of The Denver Post writes. “For a 19-year-old kid, to kind of go through the adversity that he was going through, he bounced back in a big way. That gives me so much hope and excitement for the future,” coach Mike Malone said.
The Blazers embrace coach Terry Stotts and the team’s chemistry is a major reason why Portland is in the playoff hunt this season, Jason Quick of Comcast Sportsnet. Portland has a team option on Stotts for next season. “I always want to play hard for him,’’ said Ed Davis, who joined the team on a three-year, $20MM deal last offseason. “That’s one thing I can say: Everybody on this team can play for Coach, and it’s not like that on every team.”

Thunder Notes: Mohammed, Payne, Cheeks, Durant

March 5th, 2016 at 6:20pm CST by Arthur Hill

After veteran center Nazr Mohammed opted to come out of “semi-retirement” and sign with the Thunder, he explained his decision in a post on Sportsblog.com. The 37-year-old hasn’t played in the NBA this season. His last action was with the Bulls in 2014/15, when he appeared in 23 games. Mohammed said he was considering full retirement before Oklahoma City GM Sam Presti called with an offer. “As a young player, your only desire is to be in the NBA,” Mohammed said. “As you get older, your desire is to play for certain organizations with certain circumstances, making it a little tougher to find the right fit. Mine was a combination of all of the above. Most of the teams that I had interest in didn’t need my services, and I didn’t have the desire to go just anywhere. And some teams just didn’t want me.” The 18-year vet was a member of the Thunder team that reached the NBA Finals in 2011/12.

There’s more out of Oklahoma City:

The Thunder’s trade at the deadline that brought Randy Foye from Denver has sharply reduced the playing time of rookie Cameron Payne, writes Anthony Slater of The Oklahoman. Even though Payne is a point guard and Foye is more of a shooting guard, Payne has fallen victim to coach Billy Donovan‘s new substitution pattern that sees Kevin Durant take most of the ball-handling responsibilities when Russell Westbrook is resting.
The Thunder hoped to have assistant coach Maurice Cheeks, who is recovering from hip surgery, back at practice today, but it will be some time before he can be part of games, Slater tweets. “Standing up and down during games, is that good for his hip?” Donovan said. “I’m not sure what the doctor will tell him.”
Durant’s best strategy in free agency may be to follow the example LeBron James set, according to Tommy Beer of Basketball Insiders. Beer argues that Durant should maximize his earnings by signing a two-year contract with the ability to opt out in the summer of 2017. By then, the cap is expected to rise and Durant will be a 10-year veteran, which significantly increases the amount he can earn. Chuck Myron of Hoops Rumors examined the issue in depth last month.

Financial Impact Of Deadline, Buyouts: Northwest

March 4th, 2016 at 2:48pm CST by Chuck Myron

The effects of the trade deadline and buyout season are still being felt around the NBA as teams negotiate with new free agents and fill open roster spots. Hoops Rumors will be taking a team-by-team look at the financial ramifications of all the movement. We began earlier with looks at the Southwest, Pacific and Central divisions, and we’ll continue with the Central Division:

Jazz

Utah’s parade of 10-day contracts appears to be over thanks to the deadline trade that filled the team’s open roster spot and netted the Jazz’s starting point guard for the past five games. The team used its cap space to add Shelvin Mack as part of a three-team swap that only cost the Jazz a second-round pick. The deal also brought the team above the $63MM salary floor, thanks to Mack’s $2,433,333 pay. The Jazz overshot the minimum team salary, adding $1,817,873 more than they had to, but the move entailed no long-term sacrifice, as Mack’s contract is non-guaranteed for next season, and it appears, given Mack’s prominent role in Utah, that the trade has been worth the extra expenditure so far.

Nuggets

Denver has been opening its checkbook in an apparent effort to address injury concerns, though the team’s trade deadline swap also reaped a pair of second-round picks. That move involved the absorption of Steve Novak‘s $3,750,001 salary and D.J. Augustin‘s $3MM pay in exchange only for the $3.135MM that Randy Foye makes. The buyout with Novak saved $396,242, and the Thunder gave the Nuggets $1.16MM in cash, according to Bobby Marks of The Vertical on Yahoo Sports, but the trade still cost Denver $2,058,759, a relatively heavy price considering the team’s faint playoff hopes. Augustin went into the role of backup point guard amid concern that Jameer Nelson would miss the rest of the season, and Nelson still hasn’t played, so the deal has come in handy in that regard.

The Nuggets used their disabled player exception for Wilson Chandler‘s season-ending injury to accommodate the uneven exchange of salaries, applying it to Novak and his larger salary so that they could create a $135K trade exception for the difference between the salaries for Foye and Augustin, though the trade exception is so tiny that it’s virtually useless. Similarly, Axel Toupane‘s $30,888 10-day contract is but a pin prick of an expenditure in the wake of another injury, one that threatens to end the season for Danilo Gallinari. The Nuggets spent more when they gave JaKarr Sampson a prorated minimum-salary contract worth $258,489 for the rest of the season. That deal also includes a non-guaranteed minimum salary for next season. Denver neither gave up nor acquired any salary that’s guaranteed beyond the end of this season, so none of Denver’s deadline or buyout season moves necessarily have bearing on the team’s ledger for next year.

Thunder

Oklahoma City took advantage of a rare opportunity to save money and exchange two players who were out of the rotation for one who’s in it. The same $3,218,759 that represents Denver’s cost of its trade with the Thunder is the amount of Oklahoma City’s savings in raw salary, though it’s actually a windfall of significantly more for taxpaying OKC. The Thunder’s tax bill dropped a projected $7,148,705 because of the trade, and they also scored a trade exception for Novak’s $3,750,001 salary. The swap also created an open roster spot, and GM Sam Presti hinted at a willingness to use it on a signing, but so far, that hasn’t happened.

Timberwolves

It seemed for months as though the Wolves and Kevin Martin were headed for a parting of ways, though they stuck together just about as long as they possibly could. Minnesota didn’t trade Martin at last month’s deadline and the sides didn’t reach a buyout deal until the night of March 1st, the final hours before the point at which Martin would lose eligibility to appear in the postseason with another team. The financial sacrifice involved for Martin explains why. He resisted making any promise to turn down his $7,377,500 player option for next season before the deadline, reportedly dissuading would-be trade partners, but he agreed to sacrifice exactly half of the option and $352,750 of this season’s salary as part of his buyout, according to Eric Pincus of Basketball Insiders. Thus, Martin gave up a total of $4,041,500, more than anyone else in the period since the trade deadline. The Wolves are left with $3,688,750 for Martin next season, and they have a few days’ grace to decide whether to use the stretch provision to spread that evenly over the next three years or pay it all at once in 2016/17. Early indications are that Minnesota won’t stretch the salary, tweets Jon Krawczynski of The Associated Press. The Wolves also took $256,333 off their obligation to Andre Miller in his buyout, dropping their payroll to less than $1MM over the salary cap. They rolled some of that savings into a 10-day contract for Greg Smith that costs $55,722.

Trail Blazers

The Blazers predictably used their ample cap space as a depository for salary that other teams wanted to move off, taking on Anderson Varejao and Brian Roberts in a pair of trades. Look for the moves to continue, since the team is still $513,142 shy of the salary floor. The addition of Varejao in a deal that otherwise involved only draft picks added $10,256,800 to this season’s ledger, though the Cavs will pay a majority of that, including the exercised trade kicker included in that figure. Portland made use of the stretch provision to spread his salary for next season, which was almost entirely guaranteed, over the next five years at equal payments of $1,984,005, though the Cavs paid a portion of those amounts, too, because of the trade kicker. The acquisition of Roberts is much simpler since he’s on an expiring contract, but again, the Blazers don’t have to shell out for the majority of his $2,854,940 salary because he already received most of his paychecks from the Heat. Portland gave up $75K in cash to Miami as part of the Roberts deal, but the team would have had to pay that money anyway to reach the salary floor.

The Basketball Insiders salary pages were used in the creation of this post.

Nuggets Sign Axel Toupane To 10-Day Deal

March 3rd, 2016 at 2:49pm CST by Chuck Myron

THURSDAY, 2:49pm: The signing is official, the team announced via press release. The contract will cover five games, against the Nets, Mavs, Knicks, Suns Wizards.

TUESDAY, 9:36am: The Nuggets plan to sign Raptors affiliate player Axel Toupane to a 10-day contract, league sources tell Shams Charania of The Vertical on Yahoo Sports (Twitter link). The 23-year-old swingman has been playing for Toronto’s D-League team since the Raptors cut him from the NBA roster at the end of the preseason. Denver has an open roster spot and a need on the wing with Danilo Gallinari expected to miss the next month after tearing two ligaments in his right ankle, as The Vertical’s Adrian Wojnarowski reported overnight.

Toupane is averaging 14.6 points and 5.6 rebounds in 29.7 minutes per game for Raptors 905, Toronto’s D-League outpost. It’s his first season in North America, as he spent the past several years with Strasbourg IG in his native France. He went scoreless in about 22 minutes of preseason action spread over two games on the NBA roster this past fall.

He’ll bolster the team’s depth in the wake of the Gallinari injury, one that presents a serious challenge to Denver’s ability to compete, in part because fellow small forward Wilson Chandler was already out for the season. The 27-year-old Gallinari is in the midst of a career year, fresh off a renegotiation and extension that ties him to Denver until at least the summer of 2017, when he can opt out. The eighth-year veteran’s 19.5 points per game are by far a career high, and he’s the leading scorer for the Nuggets, who have faint playoff hopes as they sit six games back of the eighth-place Rockets.

The Nuggets can’t receive an additional disabled player exception and already spent the one they had for Chandler in their deadline-day trade for D.J. Augustin and Steve Novak. A wrist injury threatens to sideline Jameer Nelson for the season, but Denver is still one long-term injury shy of qualifying for a 16th roster spot via hardship.

Nuggets Consider Shutting Down Danilo Gallinari

March 3rd, 2016 at 8:01am CST by Chuck Myron

The Nuggets are thinking about sitting Danilo Gallinari for the rest of the season even if he returns to health with a few games left on the schedule, coach Michael Malone acknowledged to reporters, including Christopher Dempsey of The Denver Post. The 27-year-old small forward suffered two torn ligaments in his right ankle during Friday’s game that are expected to sideline him for a month, as Adrian Wojnarowski of The Vertical on Yahoo Sports reported Tuesday, the same day that The Vertical’s Shams Charania reported the team would sign D-League small forward Axel Toupane to a 10-day contract.

Only five games are on the schedule for the Nuggets in April, as Dempsey points out, raising the question of whether it would be wise to put the team’s veteran centerpiece back on the court and risk additional injury with only a few games left to go.

“I’ve already thought about that. I don’t have an answer,” Malone said. “I think it’s a very good question. At that point, depending on where we are, it’s going to depend on four games to go, what is the picture? Are we 15 games out of the playoffs? Well, it probably makes sense to play some of our younger guys and let them get minutes and see what they can do. But we’ll see.”

Denver is six games behind the Rockets, who hold the final playoff spot in the Western Conference. Malone said the team would consult Gallinari to see whether he wants to return to action, adding that the Michael Tellem client had earned the right to have input with his performance this season. The eighth-year veteran is in the midst of his best year in the NBA, averaging 19.5 points and 5.3 rebounds in 34.7 minutes per game, all career highs.

The Nuggets couldn’t get a disabled player exception, even if Gallinari becomes likely to miss the rest of the season, and while Wilson Chandler and Jameer Nelson are also sidelined, Denver still falls short of the four long-term injuries needed to qualify for an extra roster spot via hardship. The team already spent the disabled player exception it reaped from Chandler’s season-ending injury in the deadline-day trade with the Thunder. Nelson hasn’t played since January 30th because of a severely sprained left wrist, though he was available for Wednesday’s game, Dempsey notes. Kenneth Faried and Emmanuel Mudiay did play Wednesday despite minor ailments.

Gallinari is signed through next season with a player option for 2017/18, thanks to a rare renegotiation and extension deal that he and the team pulled off this past summer. The Nuggets reportedly turned away interest that the Celtics had in trading for him before last month’s deadline.

2015/16 Salary Cap Update: Denver Nuggets

March 2nd, 2016 at 9:17pm CST by Eddie Scarito

The NBA’s salary cap for 2015/16 is set at $70MM, which is good for an 11% increase from last season, and the luxury tax line is fixed at $84.74MM. With the February 18th cutoff date for trades and the de facto deadline of March 1st for buyouts now past, we at Hoops Rumors are in the process of updating the salary cap commitments for each NBA franchise for the 2015/16 campaign. Here’s the cap breakdown for the Denver Nuggets, whose regular season roster can be viewed here:

2015/16 Salary Cap= $70,000,000
2015/16 Luxury Tax Line= $84,740,000
Fully Guaranteed Salary Commitments= $71,325,201*
Remaining Cap Room= –$1,325,201
Amount Below Luxury Tax Line= $12,862,888*

*Note: This amount includes the $440,000 owed to Pablo Prigioni, the $815,421 owed to Joey Dorsey, the $845,059 due Nick Johnson, the $350,000 owed Kostas Papanikolaou and the $100,000 due Erick Green, all of whom were waived by the team. This amount also includes the $5,217,258 on the books for J.J. Hickson and the $3,333,115 owed to Steve Novak, both of whom agreed to buyouts with the team and were subsequently waived.

**Note: Mike Miller‘s salary for tax purposes is $1,499,187.

Cap Exceptions Available:

Trade Exception= $135,000 (Randy Foye. Expires February 18th, 2017)

Cash Available to Send Out In Trades= $3,400,000

Cash Available to Receive Via Trade= $2,960,000

Note: Despite the trade deadline having passed, the NBA season technically doesn’t end until June 30th. Teams are able to again make trades upon the completion of the regular season or when/if they are eliminated from the playoffs, whichever comes later. So these cash limits still apply.

The Basketball Insiders salary pages were used in the creation of this post.

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