Pistons Sign Josh Smith To Four-Year Deal
JULY 10TH, 12:11pm: The Pistons have officially signed Smith, the team announced today (Twitter link).
JULY 6TH, 3:47pm: Smith's deal includes $54MM in base salary, but the value could rise to $56MM if he reaches performance incentives, writes Vincent Goodwill of the Detroit News.
2:54pm: No sign-and-trade is planned at the moment between the Pistons and Hawks, so the Smith acquisition figures to be an outright signing, notes Brian Windhorst of ESPN.com (Twitter link). Windhorst also says the Rockets never engaged in sign-and-trade discussions about Smith with the Hawks.
2:34pm: Vincent Ellis of the Detroit Free Press hears the deal totals just $54MM (Twitter links).
2:01pm: Josh Smith and the Pistons have agreed to terms on a four-year, $56MM deal, reports Adrian Wojnarowski of Yahoo! Sports. Detroit lands perhaps the most enticing name on the free agent market now that Dwight Howard and Chris Paul are locked up, using its cap space to reel in the athletic forward. The Rockets appeared to be pursuing a sign-and-trade for Smith as recently as last night, but couldn't get any traction on a move that would have reunited Howard with his AAU teammate.
The deal falls short of the maximum contract Smith was looking for, and gives him just a slight bump from the $13.2MM he made last season with the Hawks. The Warriors and Hawks also had interest, and the Celtics reportedly were set to target Smith in the wake of having traded Paul Pierce, but no team pursued him with as much vigor as Detroit, as Wojnarowski writes. The Pistons met with the client of Wallace Prather and Brian Dyke in the first hours of free agency, and though an offer didn't come out of that encounter, it was clear the team regarded him as more than the "Plan B" he appeared to be for other suitors who were waiting to hear from Howard.
The Pistons also had their sights on Andre Iguodala, and would like to have re-signed Jose Calderon, but with both of them agreeing on deals with other teams, it looks like president of basketball operations Joe Dumars and company circled back to their No. 1 option. The team should still have close to $10MM in cap room to complement an impressive front line of Smith, Greg Monroe and Andre Drummond.
The 27-year-old Smith saw his numbers dip a bit from his career year in 2011/12, averaging 17.5 points, 8.4 rebounds and 4.2 assists this past season. Though Smith is multitalented, the hole in his game is three-point shooting. He took more shots from behind the arc than ever in 2012/13, but he connected on just 30.3% of his 2.6 long-range attempts per game.
2013 Amnesty Primer
Today is the last day of the July moratorium, which means NBA teams can officially resume full activity beginning tomorrow. In addition to signaling the end of the moratorium, July 10th also marks the first day that teams are eligible to amnesty players. This year's amnesty period will run from the 10th until the 16th — after that, teams that still haven't used their amnesty clause won't get another chance to do so until next July.
With amnesty week upon us, here's a refresher on how the process works, which teams still have the amnesty option available, and which players remain amnesty-eligible….
How does it work?
The amnesty provision provides a team an opportunity to clear a bad contract from its books for salary cap and luxury tax purposes. Although a team still has to pay the remainder of the amnestied player's salary, as it would for any released player, the player's salary no longer counts against the team's cap (except for minimum payroll purposes) when the amnesty clause is used. For instance, if and when the Lakers amnesty Metta World Peace, they'll still pay him his full $7,727,280 salary for 2013/14, but will remove that figure from the cap, significantly reducing the team's tax bill.
The amnesty provision can be used on any player, as long as the following rules are observed:
- A team can only amnesty one player — not one player per season.
- The amnesty provision can only be used on a player who signed his contract prior to July 1st, 2011. If a contract was signed, extended, or renegotiated after that date, the player cannot be amnestied.
- A team can only use its amnesty provision on a player who was on its roster on July 1st, 2011. If a player was traded after that date, he cannot be amnestied.
- The amnesty clause can only be used during the seven days following the July moratorium. If a team doesn't amnesty a player during that week, it won't get another chance to do so until the following July.
- A team that has yet to use its amnesty clause can do so in any of the next three years. The 2015/16 season is the last year in which a player can be amnestied under the current CBA.
Amnestied players are placed on waivers, but the waiver rules are slightly different than usual. An under-the-cap team can still place a full waiver claim on an amnestied player, if it doesn't mind being on the hook for the rest of the player's contract. However, clubs also have the option to submit partial waiver claims, in what essentially amounts to an auction for the player's services. If no team places a full claim, the team with the highest partial claim is awarded the player. If two teams bid the same amount, the club with the worse record wins out. If neither a full or partial claim is submitted, the player becomes an unrestricted free agent.
For a few more details on the amnesty process, check out our complete explanation in the Hoops Rumors glossary.
Which teams still have the amnesty provision available?
Exactly half of the NBA's 30 teams have used the amnesty provision in the last two offseasons, leaving 15 clubs with the option of amnesty still at their disposal. These are the teams still in play, per our amnesty provision tracker:
- Atlanta Hawks
- Boston Celtics
- Charlotte Bobcats
- Chicago Bulls
- Detroit Pistons
- Los Angeles Lakers
- Memphis Grizzlies
- Miami Heat
- Milwaukee Bucks
- New Orleans Pelicans
- Oklahoma City Thunder
- Sacramento Kings
- San Antonio Spurs
- Toronto Raptors
- Utah Jazz
The Pelicans no longer have any amnesty-eligible players left on their roster, and reports have suggested the Bobcats will amnesty Tyrus Thomas, while the Lakers will amnesty World Peace. That would leave just 12 teams with the amnesty option available.
Which players are still eligible to be amnestied?
While there are 35 players still eligible to be amnestied, some are likelier candidates than others. I examined a few of this summer's potential amnesty candidates back in March, but here's the complete list of players that technically remain amnesty-eligible, along with the total money left on their deals:
- Atlanta Hawks: Al Horford ($36MM)
- Boston Celtics: Rajon Rondo ($24.86MM), Avery Bradley ($2.51MM)
- Charlotte Bobcats: Tyrus Thomas ($18.08MM)
- Chicago Bulls: Joakim Noah ($36.7MM), Carlos Boozer ($32.1MM), Luol Deng ($14.28MM)
- Detroit Pistons: Charlie Villanueva ($8.58MM), Greg Monroe ($4.09MM)
- Los Angeles Lakers: Kobe Bryant ($30.45MM), Pau Gasol ($19.29MM), Metta World Peace ($7.73MM), Steve Blake ($4MM)
- Memphis Grizzlies: Zach Randolph ($34.3MM), Mike Conley ($26.08MM)
- Miami Heat: LeBron James ($61.77MM), Chris Bosh ($61.77MM), Dwyane Wade ($60.49MM), Mike Miller ($12.8MM), Udonis Haslem ($8.96MM), Joel Anthony ($7.6MM)
- Milwaukee Bucks: Drew Gooden ($13.37MM), Larry Sanders ($3.05MM)
- New Orleans Pelicans: No players eligible
- Oklahoma City Thunder: Kevin Durant ($56.99MM), Kendrick Perkins ($18.63MM), Nick Collison ($4.83MM), Thabo Sefolosha ($3.9MM)
- Sacramento Kings: John Salmons ($14.58MM), DeMarcus Cousins ($4.92MM)
- San Antonio Spurs: Tony Parker ($25MM), Matt Bonner ($3.95MM)
- Toronto Raptors: Amir Johnson ($13.6MM), Linas Kleiza ($4.6MM)
- Utah Jazz: Derrick Favors ($6.01MM), Gordon Hayward ($3.45MM)
Pistons Make Offer To Will Bynum
Last week, we heard that the Pistons were considering a number of free agent point guards, including Will Bynum, Jose Calderon, and Chauncey Billups. Calderon has since agreed to sign with the Mavs and Billups continues to receive interest from a handful of teams, but according to Jared Zwerling of ESPNNewYork.com (via Twitter), the Pistons have an offer on the table for Bynum.
Despite committing a good chunk of their available cap space to a deal for Josh Smith, the Pistons still have room left over to hang on to Bynum's cap hold and make him a competitive offer. As Zwerling notes in his tweet, unless the veteran guard is willing to take a discount, an offer from the Pistons likely rules out the possibility of him joining the Knicks. Zwerling had written earlier today that Bynum was one of New York's targets, but the team could only offer a starting salary of up to $1.7MM, or the veteran's minimum.
Bynum, 30, has spent his last five seasons in Detroit, averaging 8.4 PPG and 3.3 APG in 282 total contests.
Odds & Ends: Morrow, Ellis, Rivers, Collison
Here's tonight's look around the Association..
- The Grizzlies, Warriors, and Bobcats are the latest teams to show interest in Anthony Morrow, tweets Alex Kennedy of HoopsWorld. The Lakers, Spurs, Suns, Rockets, and Knicks have all reached out as well.
- Nothing is imminent at this point between the Hawks and Monta Ellis, but the two sides are engaged in talks, Kennedy tweets.
- Celtics co-owner Wyc Grousbeck took a shot at former coach Doc Rivers, telling Steve Bulpett of the Boston Herald that "Doc left us, period." Still, Grousbeck is confident his team can rebuild, as Bulpett observes in a separate piece.
- Many around the league are surprised that the Clippers were able to snag Darren Collison for a starting salary of just $1.9MM, Grantland's Zach Lowe tweets.
- The Spurs called 6'8" sharpshooter James Southerland to see if he would consider playing overseas next season if they took him with the 58th pick in last month's draft. Southerland turned down the offer and went undrafted, and is trying to prove himself with the Sixers and Warriors in summer league, as Keith Pompey of the Philadelphia Inquirer writes.
- Josh Smith's agreement with the Pistons shatters the notion that marquee free agents won't come to Detroit, observes MLive's David Mayo, who examines how Smith fits on the team and what moves might be next for Joe Dumars and company.
Odds & Ends: Clippers, Pistons, Cavs, Ellington
The Clippers seem to be done with all their moves this summer and will probably just sign minimum level contracts from here on out, writes Eric Pincus of HoopsWorld (via Twitter). But Pincus also tweeted an update on the Clippers' salary info after the Darren Collison signing that used part of their available MLE earlier tonight.
The deal means Matt Barnes will get less as part of his announced re-signing with the Clippers yesterday. It was reported he'd worked out a three-year deal worth between $11-$12MM, but after Pincus' math that's likely to drop as they split the MLE with Barnes dropping to $10MM over three years.
Here's some more around the league, including teams pursuing free agent Wayne Ellington and the Cavs' future after signing Jarrett Jack.
- League sources tell RealGM's Shams Charania that the Kings are eyeing free agent Sam Young of the Pacers.
- Sam Amico of Fox Sports Ohio says free agent guard Wayne Ellington is drawing interest from the Bulls, Bucks and Pistons (Twitter).
- About the Pistons, USA Today's Jeff Zillgitt says (via Twitter) that even though they landed free agent Josh Smith, they still want a point guard and shooting wing, the latter role one Ellington could fulfill.
- Keith Langlois of Pistons.com says (via Twitter) that there are 34 players making over $13.5MM next season. He goes on to say that number helps put "youknowwhat" into perspective. We're guessing it's the four-year $54MM (or $56MM, with performance incentives) Josh Smith just agreed to signed for with the Pistons.
- A source has told 1500ESPN.com's Darren Wolfson the Timberwolves are maintaining a regular dialogue with unrestricted free agent Alan Anderson's camp (Twitter).
- Jason Lloyd of the Akron Beacon Journal takes a look at how the Cavs roster is beginning to take shape in the wake of their agreement with Jarrett Jack.
- Lloyd adds (via Twitter) that the Jack signing probably ends their flirtation with Ellington, whom they didn't tender a qualifying offer because they wanted an upgrade of the kind Jack gives them.
Free Agent Rumors: Bynum, Teague, Kirilenko
Free agents continue to reach deals with teams across the NBA in advance of Wednesday, when agreements can become official. Here's the latest on the moves that could be next:
- The Mavs were in contact with Andrew Bynum even before Dwight Howard turned them down, and Stein tweets that Dallas is indeed pursuing the oft-injured Bynum now that Howard is out of the picture. Still, the Mavs will make a detailed and careful evaluation of the big man's health before reaching an agreement, according to Stein.
- Jeff Teague's camp is becoming increasingly frustrated with the Hawks, who have yet to engage in meaningful negotiations on a new deal, reports Marc J. Spears of Yahoo! Sports (Twitter links). The point guard is a restricted free agent, so Atlanta controls his destiny.
- The Kings aren't considering Andrei Kirilenko, tweets Jason Jones of The Sacramento Bee.
- The Knicks remain in play for Elton Brand, as do other teams, but a decision could come this weekend, a source tells Jared Zwerling of ESPNNewYork.com (Twitter link).
- The Jazz and Grizzlies also made offers to Dorell Wright, who wound up agreeing to join the Blazers instead, tweets Chris Haynes of CSNNW.com. The Thunder also made an offer, as previously reported, Haynes notes.
- Decision makers within the Blazers front office have led The Oregonian's Joe Freeman to expect that the team won't re-sign Elliot Williams (Twitter link).
- Joe Dumars, fresh off his agreement to sign Josh Smith, has his sights on a perimeter sharpshooter for the Pistons, according to Sam Amico of Fox Sports Ohio (on Twitter). Keith Langlois of Pistons.com agrees, and hints that the team could hit the trade market as well (Twitter link).
Odds & Ends: Barnes, Knicks, Mavs, Johnson
As we continue to await resolution on the Dwight Howard sweepstakes, here are a few odds and ends from around the NBA, with a focus on Howard and several other free agents:
- Matt Barnes remains in play for both the Lakers and Clippers for a contract worth around the mini mid-level, tweets Jared Zwerling of ESPNNewYork.com.
- Exploring what the Knicks will do with the rest of their own mini mid-level exception, Zwerling hears that the team is looking for a small forward who is a solid wing defender and can shoot the three. Francisco Garcia, Carlos Delfino, and Dahntay Jones could be potential targets, says Zwerling.
- Tim MacMahon of ESPNDallas.com considers both potential outcomes for the Mavericks in the Howard derby, examining what Dallas will do if Howard signs elsewhere and how the team could add complementary players if Howard commits to the Mavs.
- In an Insider-only piece for ESPN.com, Kevin Pelton attempts to breaks down Howard's chances of winning on the court with each of his five suitors. The Rockets top the list, with the Hawks unexpectedly placing second.
- Don't expect Chauncey Billups to sign with the Pistons this summer, writes Perry A. Farrell of the Detroit Free Press.
- Unrestricted free agent Ivan Johnson has parted ways with longtime agent Larry Williams of Union Sports, tweets Chris Haynes of CSNNW.com. Once Johnson finds new representation, we'll be sure to update the change in our agency database.
Pistons Considering Will Bynum, Calderon, Billups
Vincent Goodwill of The Detroit News writes that the Pistons will explore their free agent options next week with Will Bynum, Jose Calderon, and former NBA champion Chauncey Billups. While the notion of bringing back both Bynum and Calderon to Detroit may seem far-fetched, Goodwill reports that the team will explore both options and that it isn't necessarily an either/or proposition.
Billups, who at once had a strained relationship with Joe Dumars following his trade to Denver in 2008, had reportedly buried the hatchet with Dumars recently and could serve as a veteran leader on a fairly young Pistons squad if signed. Not to mention that Rasheed Wallace had been in talks to join Detroit's coaching staff last week, which could only entice the soon to be 37-year-old point guard to reunite with his former teammate. Though Billups had some setbacks with injuries in recent years, we heard earlier today that he still plans to play for at least two more seasons.
We've covered Calderon quite a bit today, though as it relates to this scenario, the fact that he shares the same agent as Bynum could be a factor should the Pistons decide to try keeping them both. While Bynum has drawn interest from the Knicks and Bulls, the Pistons should still have the ability to make the most competitive financial offer with their ample cap room.
Chauncey Billups Plans To Play Two More Years
Back in April, Chauncey Billups indicated that he wasn't considering retiring, and it doesn't sounds like retirement is an option he wants to entertain next year either. According to ESPN.com's Chris Broussard (via Twitter), Billups is looking to continue his NBA playing career for at least two more seasons.
It's not clear whether or not that means Billups is seeking a multiyear deal in free agency, but the 36-year-old doesn't seem to have a shortage of suitors. Broussard suggests in his tweet that a reunion with the Pistons isn't out of the question, and we heard yesterday that the Cavaliers, Spurs, Mavericks, Kings, Nets and Wolves have also shown some interest in the veteran guard. The Clippers likely wouldn't mind bringing Billups back as well.
Even though injuries limited him in the last two seasons in Los Angeles, Billups still earned a spot in the starting lineup in all 44 games he played for the Clippers. Wherever he lands in free agency though, Billups figures to be a backup, which he understands, according to Broussard.
Pistons Made Trade Offer For Rudy Gay
WEDNESDAY, 8:45am: The Raptors turned away the Pistons' proposal for Gay and don't intend to move him for nothing, tweets Ryan Wolstat of the Toronto Sun.
TUESDAY, 11:03pm: The Pistons have offered the Raptors the expiring contracts of Rodney Stuckey and Charlie Villanueva in a package for Rudy Gay, league sources told Brian Windhorst of ESPN.com.
Stuckey and Villanueva will both earn $8.5MM in 2013/14 and while Gay has two years and $37MM left on his deal. Detroit is hoping that GM Masai Ujiri is planning even more drastic change in Toronto days after agreeing to ship Andrea Bargnani to the Knicks.
Gay averaged 19.5 PPG while shooting 43% from the floor in his 33 games for the Raptors. Detroit was among the bidders for him when the Grizzlies made him available last season and they are making another play for him this summer.