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2014 Draft-And-Stash Signees

July 31st, 2014 at 12:34pm CST by Chuck Myron

The players selected in last month’s draft aren’t the only draftees signing with NBA teams. Six “draft-and-stash” prospects agreed to deals with the teams that held their NBA rights this month, finally coming to the NBA after having spent at least a year outside the league. They wound up with widely varying financial terms, as we examine here:

Updated 8-11-14

Nikola Mirotic, Bulls — The prize import from overseas signed a deal precisely equivalent to the non-taxpayer’s mid-level exception over three years, even though the Bulls used cap space to sign him. It had been three years since the Rockets drafted Mirotic 23rd overall, so the Bulls, who acquired his rights via trade at the 2011 draft, weren’t limited to giving him rookie scale salaries. That helped Chicago immensely, since Mirotic had to commit more than $3MM when he bought his way out of his contract with Spain’s Real Madrid. Mirotic still had enough leverage to command a trade kicker and, reportedly, assurances from the Bulls that he wouldn’t be traded. He’ll make a total of more than $16.6MM over the life of the contract.

Bojan Bogdanovic, Nets — Bogdanovic came to Brooklyn for a three-year contract at the full value of the taxpayer’s mid-level exception, a less lucrative version of the mid-level than the Bulls gave Mirotic. Bogdanovic also received a trade kicker, just as Mirotic did. Bogdanovic was a product of the 2011 draft, again just like Mirotic, but he was a second-round pick, so the rookie scale wouldn’t have applied no matter when he signed. He’s not to be confused with Bogdan Bogdanovic, whom the Suns drafted 27th overall last month. That Bogdanovic figures to be on this list a few years down the road, since he just signed a multiyear contract to play in Turkey.

Kostas Papanikolaou, Rockets — The Papanikolaou deal is like the Bogdanovic signing in that both were former second-round picks who received mid-level money, but Papanikolaou’s first-year salary, worth nearly $4.6MM, is significantly higher. That’s because Houston used the majority of its $5.305MM non-taxpayer’s mid-level on the forward, who has a two-year pact for about $9.4MM.

Lucas Nogueira, Raptors — Nogueira was the 16th pick of the 2013 draft, and Toronto acquired his rights via trade last month. The rookie scale still applies to him, unlike Mirotic, so he’ll likely make a salary of nearly $1.763MM for this coming season, part of which will go toward his buyout. That’s the standard 120% of the rookie scale amount for the 16th pick in this year’s draft, rather than last year’s, but the scale applies to the year in which the player signs, not the year in which he’s drafted. The deal is worth $8,473,305 over four seasons.

James Ennis, Heat — Heat president Pat Riley has raved about last year’s 40th overall pick, whom Miami acquired from the Hawks shortly after they drafted him. The Heat used part of their cap space to come to terms with Ennis, even though he won’t see any more than the minimum salary in any of the three years for which he signed. Riley’s praise indicates that Ennis is likely to stick around for a while, but the team has the option to waive him by the end of opening night and pay him only his $200K partial guarantee if it so chooses.

Erick Green, Nuggets — Denver used a portion of its mid-level exception to sign Green, whom the Nuggets acquired in a trade shortly after the Jazz picked him 46th overall in the 2013 draft. The part of the mid-level the team gave him is equivalent to just the minimum salary, so he’s receiving significantly less than Mirotic and Bogdanovic. The three-year pact is worth about $2.3MM. It’s only guaranteed for $50K, according to Mark Deeks of ShamSports.

Pierre Jackson, Sixers — There’s a decent chance that Jackson, last year’s 42nd overall pick, would be higher on this list had he not ruptured his achilles tendon shortly before signing with Philadelphia. The Sixers reacquired his rights from the Pelicans last month after drafting him 42nd overall in 2013, and while he and the Pelicans couldn’t agree to terms last year, he sprung for 29.1 points per game in the D-League. He wound up with a one-year, minimum-salary deal that’s guaranteed for $400K, as Deeks noted when he reported the signing.

Buycks Spurns NBA Offers To Play In Spain

July 25th, 2014 at 8:42am CST by Chuck Myron

Former Raptors point guard Dwight Buycks has signed with Valencia of Spain, the Spanish ACB league’s website announced (translation via Sportando’s Emiliano Carchia). It’s a one-year deal, as Euroleague.net reveals. The Lakers and Clippers extended non-guaranteed invitations to Buycks for preseason camp, according to David Pick of Eurobasket.com (Twitter link), and he was close to signing with the Nuggets before they instead came to terms with Erick Green, as Pick tells Hoops Rumors. The Suns were also reportedly interested in him.

The Relativity Sports client drew offers from multiple teams overseas, but Valencia bid highest among those clubs, Pick reports (All Twitter links). It’s likely he’s receiving guaranteed salary to play in Spain, which would explain why he’s passing up a shot at continuing his NBA career. Toronto waived him this past weekend rather than guarantee his NBA minimum salary for the coming season.

Buycks saw action in just 14 games this past season, his first official NBA experience. He averaged 3.1 points and 0.7 assists in 10.4 minutes per contest for Toronto.

Possible Third Teams Emerging For Love Trade

July 23rd, 2014 at 10:08am CST by Chuck Myron

The Sixers, Nuggets and Celtics are among the clubs trying to get involved as a third team in a Kevin Love swap, reports Sean Deveney of The Sporting News. A deal involving Love is unlikely to involve just two teams, a source tells Deveney. The Nuggets and Celtics are still attempting to acquire Love themselves, but they have interest in acting merely as facilitators, too, with Boston looking to part with draft picks in return for a player who can help the team this coming season.

The Sixers would like to fold Thaddeus Young into the deal, Deveney adds, advancing reports from overnight. Jerry Zgoda of the Star Tribune suggested that it wouldn’t be surprising if Young ends up in Minnesota, while there are whispers that the Sixers have strong interest in Cavs guard Dion Waiters, according to Sam Amico of Fox Sports Ohio.

The Cavs became willing at some point this past weekend to include Andrew Wiggins in a deal for Love, and the Wolves like the packages they’re discussing with Cleveland better than what other teams have on the table, as Jon Krawczynski of The Associated Press explains. Still, the 30-day waiting period that would take place once Wiggins signs his contract with Cleveland has the teams on edge, and with the Wolves also looking at bringing a third club into the mix, the balancing act could cause a deal to unravel, Krawczynski adds (All four Twitter links).

Minnesota is also high on what Golden State can put together for Love, providing that the Warriors relent and allow Klay Thompson into such a deal, and the Nuggets’ bid for Love would be next on the Wolves’ list. The Bulls also appear to be making another run at the All-Star power forward, while the Celtics seemingly remain on the fringes.

Bulls, Cavs Angling For Love, Nuggets In Mix

July 22nd, 2014 at 4:57pm CST by Chuck Myron

4:57pm: A source who spoke to Joe Cowley of the Chicago Sun-Times disputes that the Bulls are once more pushing to trade for Love.

4:08pm: The general belief is that the Wolves asked for Joakim Noah when they held preliminary talks about Love with the Bulls prior to the draft last month, according to K.C. Johnson of the Chicago Tribune. Presumably, Chicago rebuffed Minnesota on that point.

3:40pm: Dieng’s name hasn’t come up in talks with Cleveland, and neither has Martin’s, reports Jon Krawczynski of The Associated Press. Krawczynski cautions that Martin’s name was indeed a part of talks with the Warriors earlier in the offseason (Twitter links).

2:44pm: Gorgui Dieng‘s name has also come up in talks between the Cavs and Wolves, sources tell Sam Amico of Fox Sports Ohio (Twitter link).

2:11pm: Cleveland’s search for non-guaranteed contracts are in fact in an effort to sweeten their offer for Love, Wojnarowski writes in a full story, as they would provide cap relief for Minnesota once waived. The Cavs are also dangling future first-round picks in search of an experienced center, sources tell Wojnarowski, though it’s unclear if that, too, is related to Love. Wojnarowski is among the reporters contending that the Cavs are willing to put Wiggins in the deal, a point of frequent debate.

The Nuggets also remain in play for Love, according to Wojnarowski, and their package is Minnesota’s favorite outside of Cleveland’s and Golden State’s, if the Warriors were to relent and offer Klay Thompson. Denver reportedly offered multiple packages in June, but it’s unclear what the Nuggets have on the table now. The Wolves are insisting that teams take on J.J. Barea as part of any Love trade, and possibly Kevin Martin, too, Wojnarowski adds.

1:15pm: The Wolves also like Bulls rookie Doug McDermott, but their priority remains acquiring Wiggins if possible, Wolfson tweets.

12:57pm: The Bulls are indeed making another push to get involved in the Love sweepstakes, report Marc Stein and Brian Windhorst of ESPN.com. The general belief is that the Wolves would seek Taj Gibson, Jimmy Butler and other assets from Chicago, according to Stein and Windhorst. The Bulls and Warriors were seemingly Love’s top two destinations when he made a push to be traded in May, but Chicago put any pursuit of him on the backburner while it chased Carmelo Anthony.

Still, the Cavs remain in the lead for Love and are increasingly optimistic that they can find a package that will work for the Wolves, Stein and Windhorst write. Their offer would center around Andrew Wiggins, Anthony Bennett and a first-round pick, Stein and Windhorst hear, echoing a report last week from fellow ESPN scribe Chris Broussard and perhaps signaling a renewed willingness from Cleveland to part with Wiggins.

11:09am: The notion of including Andrew Wiggins in a trade for Kevin Love appears to be a matter the Cavs have tabled for now, but Cleveland remains in daily contact with the Wolves, tweets Darren Wolfson of 1500 ESPN Twin Cities. The Wolves are ready to pull off a deal, but the Cavs are reticent to trade future first-round picks, as Gery Woelfel of The Journal Times hears (Twitter link). Minnesota is interested in the protected 2015 first-round picks the Cavs have coming from the Heat and Grizzlies, according to Jeff Goodman of ESPN.com (Twitter links).

The Bulls could find themselves in position to acquire Love, especially given the presence of Nikola Mirotic on the roster, if the Cavs won’t give up the picks the Wolves want, sources also tell Woelfel (Twitter link). As Mirotic was finalizing his buyout from Real Madrid of Spain, he reportedly wanted the Bulls to assure him that he wouldn’t be traded, though it’s unclear if Chicago ever addressed that issue.

The Cavs are on the prowl for non-guaranteed contracts that they can flip and use as trade ballast in subsequent deals, reports Adrian Wojnarowski of Yahoo! Sports (on Twitter). Cleveland remains under the cap, so it isn’t subject to a two-month waiting period that would prevent it from immediately aggregating salary it received via trade in another swap. It appears as though the Cavs are going after these contracts at least in part to help build their portfolio for a Love trade, though that’s just my speculation.

Eastern Notes: Stephenson, Miller, Knicks

July 16th, 2014 at 10:15am CST by Chuck Myron

Some Pacers players attempted to persuade the team to sweeten its offers to Lance Stephenson, but the front office resisted, according to Sean Deveney of the Sporting News. Stephenson agreed early this morning to bolt for the Hornets, and as his new three-year, $27.5MM deal quickly came together, the Pacers never received the opportunity to match Charlotte’s offer, as Candace Buckner of the Indianapolis Star writes. There’s more on his deal amid the latest from the Eastern Conference:

The Mavs made a three-year $20MM offer to Stephenson, reports Adam Zagoria of SNY.tv (Twitter link). The new Hornets two-guard would have joined the Mavs instead if the Rockets hadn’t passed on matching the Mavs’ offer sheet to Chandler Parsons, according to Chris Broussard of ESPN.com.
The Pacers made two different five-year offers to Stephenson, but he rejected them both, favoring a shorter arrangement, agent Alberto Ebanks tells Buckner (Twitter link). Indiana wasn’t willing to go shorter than five years, Broussard writes in his piece.
The Nuggets had a three-year, $12MM offer on the table for Mike Miller, but he passed it up for two years and $5.5MM with the Cavs thanks to persistent entreaties from LeBron James, as Jeff Goodman of ESPN.com details.
Knicks president Phil Jackson thinks the team has too many guards, and he may end up waiving Wayne Ellington, whom New York acquired in the Tyson Chandler trade, writes Marc Berman of the New York Post.
The Jazz almost doubled the average annual value of the deal that the Wizards were willing to give Trevor Booker, according to J. Michael of CSNWashington.com.
The Hawks held on to Pero Antic through Tuesday, meaning his non-guaranteed salary for 2014/15 has become fully guaranteed for $1.25MM. The same is true for Kyle O’Quinn, whose minimum salary with the Magic went from non-guaranteed to fully guaranteed when Orlando kept him Tuesday.

Heat Notes: LeBron, Bosh, Chalmers, Wade

July 15th, 2014 at 12:00pm CST by Chuck Myron

The Bulls were among the teams with which agent Rich Paul took meetings to discuss LeBron James during the first week of free agency, as Ramona Shelburne and Brian Windhorst of ESPN.com reveal in a behind-the-scenes look at LeBron’s choice. Regardless, James was no longer willing to accept being underpaid, as Windhorst examines in a separate piece. James decided before free agency began that he’d take a max contract, and no matter where he would end up, he would demand a deal with a player option after year one, Windhorst writes. James wants to continue to sign short-term deals for the foreseeable future to maintain flexibility in case the maximum salary jumps or is eliminated in the next collective bargaining agreement, as Windhorst explains. He also wants to keep the pressure on Cavs brass to improve the team around him, the ESPN scribe adds. Here’s more on the Heat as they pick up the pieces after LeBron’s departure:

It wasn’t merely a two-team race between the Rockets and Heat for Chris Bosh, as the Nuggets, Suns and Lakers all made offers to the No. 3 player in the Hoops Rumors Free Agent Power Rankings, reports Tom Haberstroh of ESPN.com.
The Heat’s contract with Mario Chalmers calls for him to make $4MM for this coming season and $4.3MM in 2015/16, Windhorst tweets. The ESPN scribe pegs the likely salary for Dwyane Wade at $15MM based on the Heat’s other moves this summer and the cap space the team still has available (Twitter link).
Miami renounced its rights to Ray Allen, Udonis Haslem Michael Beasley, Toney Douglas, James Jones, Rashard Lewis, Greg Oden and the retired Shane Battier and Juwan Howard, tweets Eric Pincus of Basketball Insiders. That’ll make it difficult to re-sign Allen, but the team continues moving toward a new deal with Haslem, according to Ira Winderman of the Sun Sentinel. The Heat would likely use either cap space or the $2.732MM room exception on Haslem.

And-Ones: Davis, Pacers, Thunder, Miller

July 14th, 2014 at 11:21pm CST by Eddie Scarito

Baron Davis is preparing himself for a return to the NBA this fall, reports Jared Zwerling of Bleacher Report (Twitter links). When asked what offensive system he likes, Davis said the Clippers’ and the Warriors’. Davis feels like he can play 15-20 minutes per game next year, notes Zwerling.

Here’s more from around the league:

Mike Miller is leaning towards signing with the Cavaliers, but the Nuggets are still in play for the free agent’s services, tweets Jeff Goodman of ESPN.com.
With LeBron James headed back to Cleveland, and Pau Gasol on his way to Chicago, the Central Division has gotten much tougher for the Pacers, writes Michael Marot of The Star Tribune. This makes re-signing Lance Stephenson even more of a priority, opines Marot.
Thunder assistant coach Brian Keefe will join Derek Fisher‘s coaching staff in New York, reports Darnell Mayberry of the Oklahoman.
The Thunder have to keep building their roster through the draft because the franchise is continuing to have difficulty luring free agents to Oklahoma City, writes Jon Hamm of ESPN.com.
With many of the biggest names in free agency now spoken for, Fred Kerber of The New York Post runs down the winners and losers in free agency thus far.
The Mavericks aren’t done upgrading their roster, writes Dwain Price of the Fort Worth Star-Telegram. President of basketball operations Donnie Nelson said, “We’re always looking for help in the backcourt, with an eye on 3-point shooting, and then kind of a rangy defender would be nice as well. We’re still in search of those, but those spots don’t necessarily need to be filled through free agency. Obviously there are trades and all kinds of other ways you can do that.”
The Warriors may be interested in free agent Brandon Rush, writes Diamond Leung of the Bay Area News Group. Rush averaged 9.7 PPG and 3.8 RPG in 67 games with Golden State before getting injured last season. GM Bob Myers said of Rush, “Rush was great. Everybody that’s been a fan saw how good he was for us, so if he’s healthy, and he can play, which we hear he can — we’ll go watch him and see — it’s a good addition if we could get him. You don’t know what the price would be, but we like Brandon.” The article also notes that Rush is scheduled to hold a workout for interested teams soon.

Western Notes: Miller, Bosh, Tucker, Mavs

July 14th, 2014 at 9:07pm CST by Eddie Scarito

The Rockets and the Mavericks are interested in Mike Miller, reports Mark Stein of ESPN.com (Twitter link). The Nuggets have the best financial offer on the table for Miller, but Dallas, Houston, and the Cavaliers offer him a better chance to play for a winner, tweets Stein.

Cavs Nearing Deal With Mike Miller

July 13th, 2014 at 3:12pm CST by Chuck Myron

SUNDAY, 3:12pm: Miller is a possibility for the Mavs or Rockets, depending on which club doesn’t get Chandler Parsons, tweets Jeff Goodman of ESPN.com.

SATURDAY, 6:40pm: The Cavs and Miller are now making progress on a contract, tweets Brian Windhorst of ESPN.com.

9:56am: Sam Amick of USA Today tweets that the Cavs are not yet close to a deal with Miller, and have only had cursory conversations at this point.

12:33am: The Cavs are closing in on a deal with Miller, tweets Sam Amico of Fox Sports Ohio. Miller on Friday cut off talks with the Nuggets, with whom he was reportedly close to a deal earlier this week, and had the Grizzlies tell him they were ending their pursuit.

WEDNESDAY, 3:27pm: Miller’s price is shooting up, with the Grizzlies, Thunder and Nuggets all in the race along with the Cavs, according to Wojnarowski (Twitter link). He’s in line for salaries of $4-4.5MM, Wojnarowski adds.

11:22am: James reached out to a pair of free agents about joining him on a team if he were to leave the Heat, and Miller was one of them, tweets Adrian Wojnarowski of Yahoo! Sports. Miller can’t sign with the Heat, since his amnestied contract would have run through next season, and teams are barred from re-signing the players they amnesty while their old contracts would still have been in effect.

10:52am: The Cavs are in pursuit of free agent Mike Miller, sources tell Sam Amico of Fox Sports Ohio (Twitter link). It seems like the latest move in the team’s efforts to land LeBron James, after this morning’s trade to clear max cap flexibility and news of the team’s attempts to sign Ray Allen. Cleveland is also making a run at James Jones, a longtime member of the Heat and a favorite of LeBron’s, TNT’s David Aldridge tweets.

Cleveland reportedly considered claiming Miller off amnesty waivers last summer, but he wound up clearing those waivers and signing with the Grizzlies as a free agent, as Miller apparently gave signals he wouldn’t want to play in Cleveland. It’s not clear whether the chance to reunite with LeBron James, should the four-time MVP sign with Cleveland, would persuade Miller to reconsider a move to the Cavs. The Clippers, Nuggets, Rockets, Thunder and Grizzlies are all reportedly in the mix for Miller, and while a report last week indicating that Memphis believed it was losing a bidding war for the Arn Tellem client also said that Miller would make his decision soon, he remains on the market.

Jones, 33, was little-used the past three seasons, though he did emerge as a rotation player for a time during the postseason for the Heat this past spring. The Miami native is likely in line for a minimum-salary deal wherever he ends up.

And-Ones: Wizards, Trade Exceptions, Booker

July 11th, 2014 at 11:42pm CST by Eddie Scarito

The NBA issued a memo this week establishing that teams that trade coaches or other non-playing personnel are not allowed to make any other trades for one calendar year or until the coach or executive’s contract would have expired, whichever is earlier, notes Mark Deeks of ShamSports. The memo also issues guidelines that make it more difficult for teams to dump salary in trades, as Deeks explains.