Grizzlies, Raptors, Pistons Finalize Rudy Gay Deal
8:23pm: The Raptors sent out a press release confirming the deal for all three teams. The second-rounder headed to the Grizzlies is Toronto's own 2013 pick, and Memphis is receiving cash from the Raptors as part of the deal, the statement notes.
8:20pm: Keith Langlois of Pistons.com tweets that Detroit's side of the deal is official, and that Calderon will join the team in time for Friday's game. Since it was the Pistons-Grizzlies part that seemed to have hit a snag earlier, rather than the Raptors-Grizzlies end of it, the swap appears to be squared away. Pistons GM Joe Dumars has released a statement, as Vincent Goodwill of the Detroit News passes along (All Twitter links).
7:28pm: The trade call has ended, meaning the deal is now official, a source tells Ken Berger of CBSSports.com (Twitter link).
6:55pm: The trade call has been delayed slightly, but it's still going on, tweets Doug Smith of the Toronto Star, who adds that the deal is still going to happen.
6:18pm: Goodwill now hears from a source who says the trade will indeed go down (Twitter link).
6:06pm: A source tells Vincent Goodwill of the Detroit News there's "one hangup" in the deal, though Goodwill doesn't specify what it could be (Twitter link).
5:56pm: The Pistons' side of the trade has not yet been finalized, Aldridge notes via Twitter, though with the trade call scheduled in a few minutes from now, it's likely we'll soon have official word. Both Prince and Daye are inactive for Detroit's game tonight.
5:33pm: The Raptors will likely waive and buy out the rest of Haddadi's two-year contract, reports Ken Berger of CBSSports.com (Twitter link). Haddadi is making $1.3MM this year and is due a partial guarantee of $200K on his fully $1.398MM salary next year. Under terms of the new CBA, the Grizzlies will not be allowed to sign Haddadi again for one year.
5:13pm: The Grizzlies, Raptors and Pistons have all reached agreement on a three-team trade. ESPN's Marc Stein reported the Grizzlies have acquired Jose Calderon and Ed Davis from the Raptors in exchange for Rudy Gay and Hamed Haddadi. TNT's David Aldridge reports the Pistons will receive Calderon from the Grizzlies in exchange for Tayshaun Prince (Twitter link). Stein added that Austin Daye is also headed to Memphis, and noted the Grizzlies will get a second-round pick from the Raptors as well.
The trade call will be placed to the league office at 7pm Eastern, tweets Adrian Wojnarowski of Yahoo! Sports. When the trade becomes official, it will end several weeks of speculation about Gay's future in Memphis, as the Grizzlies look to avoid becoming a repeat taxpayer. It also ends months of chatter about Calderon in Toronto. The Pistons apparently beat out the Mavericks for the point guard, as Dallas refused to part with Vince Carter in any potential deal, Stein tweets.
The Grizzlies save significant money in the deal, as the combined salaries of Prince, Daye and Davis add up to $11.9MM, much less than the total of $17.8MM that Gay and Haddadi are getting. Daye can come off the books next season, as he's a restricted free agent this summer. Davis has one more season left on his rookie deal, at $3.15MM, and is set to hit restricted free agency in 2014 unless the Grizzlies extend his deal. Gay's contract runs through 2014/15, a player option season in which he's due to make $19.3MM. The Grizzlies are now $8MM under the luxury tax, which could give them more flexibility to make other moves this season, as Ken Berger of CBSSports.com points out (Twitter link). The Grizzlies will pay out $37.2MM less as a result of the moves, Berger adds.
Technically, the deal is actually a pair of two-team trades, rather than one three-team trade, notes Mark Deeks of ShamSports (Twitter link). The Raptors, operating exclusively with the Grizzlies, wind up with Gay's sizable contract, adding roughly $5MM to their payroll, which was at about $61.2MM. They're still well below the $70.307MM tax line, and figure to remain that way even when DeMar DeRozan's four-year, $38MM extension kicks in next season.
The Pistons, meanwhile, part ways with the last remaining member of their 2004 championship team, bringing in a point guard to mentor second-year man Brandon Knight. It also clears cap room, since Calderon's expiring $10.56MM contract will come off the books this summer, while Prince is signed through 2015.
Raptors Close To Acquiring Rudy Gay
5:01pm: If the Pistons are the third team in the deal, they're poised to send both Prince and Austin Daye to Memphis for Calderon, tweets Stein.
4:42pm: The Grizzlies spent the day calling around doing background work on Tayshaun Prince, according to Wojnarowski (via Twitter), so presumably Prince would be headed to Memphis if Calderon is sent to Detroit. Sam Amick of USA Today reports that the Celtics are another team in the mix to acquire Calderon.
4:35pm: If and when the deal is finalized, the Grizzlies are also expected to receive a second-round pick from the Raptors, according to Stein.
4:30pm: According to Stein (via Twitter), the Mavericks are another potential landing spot for Calderon, though Dallas is reluctant to part with Vince Carter, who the Grizzlies would want to replace Gay. Tim MacMahon of ESPNDallas.com made the case this morning for why the Mavs make sense as the third team in a Raptors/Grizzlies deal.
4:23pm: The Grizzlies and Raptors have a deal in place that would send Gay and Hamed Haddadi to Toronto in exchange for Calderon and Davis, according to ESPN.com's Marc Stein (via Twitter). An agreement hasn't been finalized yet because it figures to eventually include a third team, possibly the Pistons, that would acquire Calderon, says Stein (via Twitter).
4:03pm: Several sources tell Wojnarowski that the Grizzlies have a plan to move Calderon to a third team in the discussed deal with the Raptors (Twitter link).
3:48pm: As Tillery suggested, the Grizzlies would prefer to send Calderon to a third team in the trade scenario they're discussing with the Raptors. Ken Berger of CBSSports.com tweets that there are "several potential suitors" making a push for the point guard.
3:34pm: The Grizzlies appear to be moving closer to a deal that would include Rudy Gay, according to Ronald Tillery of the Memphis Commercial Appeal. Tillery reports that Memphis is weighing whether or not to pull the trigger on one of three different scenarios, including one that would send Gay to the Raptors. The Grizzlies have two other potential deals on the table if they and the Raptors can't reach an agreement by this weekend.
Adrian Wojnarowski is also reporting that the Grizzlies and Raptors are making progress on a potential trade. According to Wojnarowski, the two sides have discussed scenarios involving a third team in addition to straight-up scenarios. The Raptors would likely part with Jose Calderon and Ed Davis in any deal (Twitter links).
According to Tillery, in their talks with the Raptors, the Grizzlies are seeking a small forward, a draft pick, and possibly Davis. A third team may have to be involved to acquire Calderon and provide the small forward the Grizzlies are hoping to land. Darrell Arthur would not be involved in that hypothetical trade, says Tillery.
Wojnarowski adds in another tweet that the Grizzlies and Raptors are discussing the potential deal with their respective ownership groups, and could reach an agreement as soon as tonight.
Odds & Ends: Josh Smith, Suns, Iverson, Stuckey
A few Tuesday afternoon odds and ends from around the Association….
- There's a growing expectation that the Hawks will end up moving Josh Smith before the trade deadline, a source tells Marc J. Spears of Yahoo! Sports. Smith and the team are expected to meet this week to discuss the forward's future in Atlanta.
- After researching 25 years of NBA franchise methods, the Suns concluded that a full-fledged rebuild was an impractical approach. So while the Suns' current place in the standings may indicate that a rebuild is underway, Phoenix is hoping for a quicker turnaround, as owner Robert Sarver tells Paul Coro of the Arizona Republic.
- In announcing that he wouldn't be taking the Mavericks up on their offer to join their D-League affiliate, Allen Iverson hinted that he still wants to return to the NBA. Manager Gary Moore confirms that, telling Jeff Zillgitt of USA Today that his client is working out and may explore NBA opportunities later this season. "He's going to continue to work very hard to get his mind and his body back to a place where he can help a team in the future," Moore said. "Sooner more so than later."
- Rodney Stuckey's name often comes up when teams call the Pistons about trades, but despite the latest incident in Detroit, the team says no deal involving Stuckey is in the works, writes Vince Ellis of the Detroit Free Press.
Pistons Notes: Stuckey, Drummond, Monroe
The latest news and notes on the Detroit Pistons on Sunday afternoon:
- Rodney Stuckey is frustrated by his inconsistent play this season, writes Vincent Goodwill of the Detroit News.
- David Mayo of MLive.com writes that Andre Drummond is not angry over his limited minutes, saying that he trusts Lawrence Frank.
- Mayo writes in another column that Drummond and Greg Monroe will play together when Monroe matures as a player.
Eastern Notes: Lopez, Jerebko, Bobcats, Raps
Despite being the subject of trade rumors over the summer, Brook Lopez's strong play this season means he's likely to remain with the Nets at this year's trade deadline. If it were up to Deron Williams, there wouldn't even be a conversation about it.
"We’re happy with Brook," Williams told Stefan Bondy of the New York Daily News. "Brook is our center. He’s having an All-Star year. I don’t see Brook going anywhere."
Here are a few more Wednesday links from around the Eastern Conference:
- Jonas Jerebko downplayed a story out of Sweden that suggested he was unhappy with the Pistons, as Perry A. Farrell of the Detroit Free Press writes. "I didn't read the story," Jerebko said. "So I don't know what it said. Everybody has a right to their own opinion. It's media. They probably twisted it."
- In a piece for MLive.com, David Mayo examines a few possible Pistons trade candidates, including Jerebko, Jason Maxiell, and Will Bynum.
- The Bobcats have begun conducting market research on a potential nickname change, now that the Hornets are set to become the Pelicans, reports Rick Bonnell of the Charlotte Observer. The Bobcats are sending surveys to season-ticket holders and polling the Charlotte market to see if a name change would affect buying habits, says Bonnell (Twitter links).
- Ryan Wolstat of the Toronto Sun takes a look at the Raptors' looming decisions on Kyle Lowry and Jose Calderon.
- In his latest mailbag, Ira Winderman of the South Florida Sun Sentinel addresses the unlikely possibility of the Heat acquiring Dwight Howard and the impact he expects Chris Andersen to have in Miami.
Pistons Not Shopping Tayshaun Prince
THURSDAY, 3:23pm: While the Pistons say they're not shopping Prince, Sam Amico of FOX Sports Ohio says the team has made exploratory calls (Twitter link). There hasn't been much interest so far, according to Amico.
SUNDAY, 10:58pm: Tayshaun Prince is the lone holdover from Detroit's glory days in the aughts and one might think that the Pistons would look to move him for assets to help the club build for the future. However, neither Prince nor the Pistons front office are pushing for a trade, writes RealGM's Shams Charania.
Agent Bill Duffy says that Prince has been assured the Pistons won’t field trade offers for him and the two sides have “never” discussed a deal for the forward. The 32-year-old is averaging 12.1 points and 4.7 rebounds this season. Prince says that he's committed to helping the Pistons, even though the losing bothers him.
“I know there are a lot of contending teams that I can help,” Prince said. “But right now, this is the team I have to help. Everybody wants to be in the position where they have a chance of winning a championship every year, but obviously it doesn’t work that way.”
Prince has two more years on his contract beyond 2012/13 worth nearly $15MM.
Central Notes: Varejao, Prince, Bucks, Boylan
Losing Anderson Varejao for a good chunk of the season was a blow to the Cavaliers' on-court prospects and to the team's chances of extracting value for him at the trade deadline, but it wasn't just the Cavs that were adversely affected by Varejao's leg injury. According to ESPN.com's Marc Stein (Twitter link), earning an All-Star berth would have triggered a $1MM bonus in Varejao's contract. Given the big man's strong performance early in the season (14.1 PPG, 14.4 RPG, 22.0 PER), an All-Star berth appeared well within reach before he was sidelined.
Here are a few more Wednesday morning items out of the Central Division:
- Despite a recent report suggesting the Pistons aren't interested in trading Tayshaun Prince, the veteran forward recognizes he's not untouchable, as Vincent Goodwill of the Detroit News writes. Still, Prince has no desire to ask the Pistons to trade him: "One day it might hit me. I might get in a position where it's time for me to win one more (championship). To go to a contender-type team. I might go to Joe [Dumars] that day and say, 'It's time for me to move on' and play that route. But now is not the time."
- While he'd been excited to join the Bucks in the offseason, Samuel Dalembert was disappointed by Scott Skiles' use of him — the veteran center is averaging his fewest minutes per game since his rookie year in 2001/02. Dalembert spoke to Gery Woelfel of the Racine Journal Times about his relationship with Skiles, and says "everyone is enthusiastic" about the change to new coach Jim Boylan.
- Ersan Ilyasova, who signed a five-year deal with the Bucks last summer, is also pleased with the team's coaching change, having been re-inserted into the starting lineup. So far, Boylan has made the moves that will benefit the franchise long-term, writes Stephen Brotherson of HoopsWorld.
Odds & Ends: Redick, Turkoglu, Lakers, Livingston
Let's round up some Friday afternoon odds and ends from around the NBA:
- Although J.J. Redick doesn't want to be traded by the Magic, he's not exactly thrilled with the team's 10-game losing streak, as Chris Tomasson of FOX Sports Florida tweets.
- Tomasson also spoke to Hedo Turkoglu, who said he's not actively trying to be bought out by the Magic, though he understands if the team decides to trade him.
- After telling Sheridan Hoops earlier this week that he doesn't expect to coach again, Phil Jackson reiterates the point to Mike Bresnahan of the Los Angeles Times (Twitter link), writing in an email that there's no chance he returns to the Lakers.
- A collection of SI.com writers discuss what's next for the Lakers, including potential pre-trade-deadline moves, and the team's chances of re-signing Dwight Howard this summer.
- Shaun Livingston tells Richard Hardy of HoopsWorld that he's hoping to stay with the Cavaliers for longer than just this season.
- Having recently parted ways with agent Joel Bell, Trail Blazers guard Nolan Smith has replaced him with former Bull B.J. Armstrong of the Wasserman Media Group, reports Chris Haynes of CSNNW.com.
- David Mayo of MLive.com explores whether the Pistons should attempt to trade for Rudy Gay, while multiple Celtics writers discuss whether Boston should take a flier on Greg Oden (link via CSNNE.com).
- In an Insider piece, ESPN.com's Chad Ford looks at some potential fits in June's draft for the Hornets.
Odds & Ends: Millsap, Blair, Pistons, Cavs
As we wait to hear the next development in the Sacramento Kings/Seattle investment group story, let's check in on a few other odds and ends from around the NBA….
- It's a transition year for Paul Millsap, who has been the subject of trade rumors and faces unrestricted free agency in July. As he tells Ian Thomsen of SI.com, Millsap hopes to stay put, but will understand if the Jazz trade him next month: "At least somebody wants you, so you can't really be hurt about that. I don't have a problem with change if that's the case. I feel like I'm a guy that can adjust to whatever situation is thrown in front of him. For me, I hope it's here [in Utah]. But if not, you know, I've got to go.''
- Alex Kennedy of HoopsWorld suggests the Spurs may lower their asking price in DeJuan Blair trade talks now that the club appears close to signing big man Aron Baynes.
- The Pistons might not make a major move before the trade deadline, but they have more assets of value than expected, says David Mayo of MLive.com.
- Grantland's Zach Lowe examines how Anderson Varejao's leg surgery will affect the Cavaliers, and what the team's roster-building strategy may look like going forward.
- Rockets GM Daryl Morey views his team's roster as "stable" and doesn't expect to add anyone he sees at the D-League showcase in Reno, but he's in attendance anyway, as Alex Raskin of HoopsWorld writes.
- There's no quick fix out there for the Kings, who are more than just one or two moves away from contending, opines Brian Blomster of the Sacramento Bee.
- Mike James doesn't figure to be a difference-maker for the Mavericks, but the team is hoping he can offer what Derek Fisher was supposed to, according to Eddie Sefko of the Dallas Morning News.
Central Notes: Skiles, Pistons, Vogel
One day after the mutual decision to sever ties with the Bucks, Scott Skiles was quick to shoot down a rumor that he "hated his team." Charles F. Gardner of JS Online drew more comments from the former-Milwaukee coach, who also implied that his phone has been "blowing up" regarding opportunities but would like to enjoy some of the time off he has right now. Todd Rosiak (also of the Journal-Sentinel) explored Skiles' departure from his former players' perspective, namely Larry Sanders, Luc Mbah a Moute, rookie John Henson, and Brandon Jennings, who admitted he was a bit frustrated about how he found out about the news – from Skiles first and not the team. With that aside, here are more news and notes from the Central Division tonight:
- With four consecutive drafts in which the Pistons have taken five current rotation players, there is optimism that GM Joe Dumars and his scouts have the right mindset and wherewithal to continue building the team toward a return to prominence (Keith Langlois of Pistons.com reports).
- Fresh off agreeing to what is most likely a multi-year contract extension yesterday, Frank Vogel expressed optimism and determination in the direction of the Pacers' franchise (ESPN report via the Associated Press).
- Mike Wells of IndyStar.com briefly explores Vogel's appreciation for the assistants on his coaching staff and mentioned Dominic McGuire's task of learning the team's offense as quickly as possible.