Dimitrios Agravanis

Cavs Acquire Rodney Hood, George Hill In Three-Team Trade

7:57pm: The trade is official, according to press releases from the Jazz and Cavaliers. The terms of the deal are as follows:"<strong

1:41pm: ESPN’s Brian Windhorst adds more details on this complex three-team deal, tweeting that the Kings will receive $2.1MM from the Cavs and $1.1MM from the Jazz. Utah will have the option of swapping second-round picks in 2024 with the Cavs. Cleveland also acquired the draft rights to Arturas Gudaitis from the Kings and surrendered the draft rights to Dimitrios Agravanis.

12:03pm: A busy day in Cleveland continues, as the Cavaliers have agreed to acquire Rodney Hood from the Jazz in a three-team trade, according to ESPN’s Adrian Wojnarowski (Twitter links). The Cavs will also receive George Hill from Sacramento in the deal, with the Jazz acquiring Jae Crowder and Derrick Rose.

The Kings will get Joe Johnson and Iman Shumpert, per Woj (Twitter link). TNT’s David Aldridge tweets that Sacramento will also acquire a future draft pick and cash considerations, with Sam Amick of USA Today providing some details (via Twitter), reporting that the pick will be Miami’s 2020 second-rounder from Cleveland. The Kings will also get a little over $3MM in cash, Amick adds.

The move, which comes on the heels of the Cavs reaching a deal with the Lakers for Jordan Clarkson and Larry Nance Jr., further reshapes a Cleveland roster that will look a whole lot different by the end of the day than it did at the start of it.

By surrendering Crowder, Rose, and Shumpert in exchange for Hood and Hill, the Cavaliers will take on about $4MM in extra salary, and far more than that in projected tax payments. However, the cost of the deal may be worth it for the on-court impact, as Crowder, Rose, and Shumpert have all underperformed and/or battled injuries this season.

Hood will give the Cavs a young, perimeter scorer who has fought through some injuries of his own, but has enjoyed a career year when he’s been on the court. In 39 games, the 25-year-old has averaged 16.8 PPG on .424/.389/.876 shooting. As for Hill, the veteran point guard has struggled mightily in Sacramento this season, but has historically been a good shooter (.454/.384/.800 career shooting line) and a solid defender. His ability to play off the ball should make him a good fit to play alongside LeBron James.

Hood will be a restricted free agent this summer, while Hill remains under contract for two more years beyond this one. He’ll earn $19MM in 2018/19, and has a $18MM salary in 2019/20 that only features a very small partial guarantee.

From Utah’s perspective, the trade will allow them to get out from under Johnson’s $10.5MM salary — the veteran forward was viewed as a buyout candidate if he had remained on the roster through the deadline, and will likely remain a buyout candidate in Sacramento. The Jazz had to give up Hood as part of the deal, but he had been mentioned frequently in trade rumors in recent weeks and no longer appeared to be part of the club’s long-term plans.

In exchange, Utah will acquire Crowder, who has a reputation as a solid three-and-D wing on a team-friendly contract despite his struggles this season, and Rose, who may not be in the team’s plans. Shams Charania of Yahoo Sports tweets that the Jazz will likely release Rose.

As for the Kings, they’ll get out from under Hill’s expensive multiyear deal, acquiring Johnson’s expiring contract as well as Shumpert, who has a $10.3MM+ player option for next season. The deal creates nearly $9MM in 2018/19 cap flexibility for the Kings, and also nets them that aforementioned 2020 pick and some cash. Sacramento had committed to playing its young players over its veterans down the stretch this season, so Hill’s playing time had been sporadic.

Photo courtesy of USA Today Sports Images.

Cavs Trade Richard Jefferson, Kay Felder To Hawks

OCTOBER 14, 9:50am: The trade is now official, according to a press release issued by the Hawks. As detailed below, Atlanta receives Jefferson, Felder, cash ($3MM), and second-round picks in 2019 and 2020 in exchange for the rights to Agravanis and Gladyr.Richard Jefferson vertical

Interestingly, the 2020 second-rounder is Portland’s pick. The protection on that selection is 31-55, meaning there’s a good chance it won’t actually change hands.

OCTOBER 13, 5:37pm: A Wojnarowski report at ESPN clarifies that the 2019 pick heading to Atlanta will be the lesser of the Timberwolves’ and Lakers’ picks that had been owed to Cleveland.

The Hawks will also receive $3MM in the deal, which is agreed upon in principle. That cash will cover Jefferson’s full salary and Felder’s partial guarantee.

4:57pm: The Cavaliers and Hawks are in advanced talks on a deal that would send Richard Jefferson and Kay Felder to Atlanta, Shams Charania of The Vertical reports.

Per Adrian Wojnarowski of ESPN, also involved in the deal will be the draft rights to a European player (Cleveland-bound), a pair of future second-round picks (Atlanta-bound) and cash (also heading to Atlanta).

Although the deal has not been finalized, Sam Amick of USA Today has tweeted that it will be Dimitrios Agravanis and Sergiy Gladyr in particular that will be heading to Ohio. Agravanis was the No. 59 pick in 2015, Gladyr the No. 49 pick in 2009.

Amick also tweets that the second-round picks going from Cleveland to Atlanta will be a 2019 pick and a 2020 pick. The Cavs have previously traded their own second-rounders in both years, but have acquired extra picks that they’ll use in this deal.

Per Wojnarowski, the Hawks plan to waive Jefferson and likely Felder too. Chris Mannix of The Vertical tweets that Jefferson has no plans to retire, but the 37-year-old will be ineligible to re-sign with Cleveland this season if he’s waived by Atlanta.

The Cavs have been hard-pressed to unload a guaranteed contract ever since they signed Dwyane Wade after his buyout from the Bulls. Shedding both Jefferson and Felder will bump the team down to 15 guaranteed deals and, according to Bobby Marks of ESPN, save the franchise as much as $12.8MM in luxury tax penalties.

Also, as Marks notes, the deal will create a pair of trade exceptions for Cleveland, one worth $2.6MM and another worth $1.4MM.

The Hawks can get to $4.9MM under the cap, enough to eat both Jefferson and Felder’s deals. While the two are signed to modest contracts, they both include guarantees — Jefferson’s is a full guarantee, while Felder’s is only partial.

In summary, Atlanta took advantage of available cap space and managed to procure a pair of second-round picks simply by eating two relatively minor contracts. Those additional draft choices will bode the franchise well as it embarks on its rebuild.

Photo courtesy of USA Today Sports Images.

Southeast Notes: Deng, Oubre, White, Eriksson

It’s still unclear what Luol Deng will do with his player option, worth nearly $10.152MM, with tonight’s deadline to decide looming, but the Heat absolutely wants him back, as team president Pat Riley made clear after the draft, notes Jason Lieser of The Palm Beach Post (Twitter link). That’s in spite of Miami’s selection of small forward Justise Winslow at No. 10. While we wait to see just what Deng will do, here’s more from around the Southeast:

  • GM Ernie Grunfeld didn’t think the Wizards would have the chance to trade up and nab Kelly Oubre until a day before the draft, and in so doing, Washington landed a player who has a relationship with D.C. native and 2016 free agent Kevin Durant, as Benjamin Standig of The Associated Press examines.
  • J. Michael of CSNWashington.com looks at the options the Wizards have if Paul Pierce, who’s opting out, doesn’t re-sign.
  • Forward Aaron White, whom the Wizards drafted 49th overall out of Iowa, will “definitely” play overseas this coming season, as Michael hears, but Jorge Castillo of The Washington Post writes that a decision has not yet been made. “Aaron will play Summer League with the Wizards and then we will evaluate if it is best to go overseas or not this season,” White’s agent, Chris Emens, wrote in an e-mail to Castillo. “Aaron is open to doing whatever the Wizards think is best for his development.”
  • The pair of players the Hawks drafted in the second-round Thursday will stay overseas, tweets Chris Vivlamore of the Atlanta Journal-Constitution. Swedish shooting guard Marcus Eriksson, the 50th pick, and Greek forward Dimitrios Agravanis, pick No. 59, remain under contract with Barcelona of Spain and Olympiacos of Greece, respectively, according to Vivlamore.
  • Josh Robbins of the Orlando Sentinel breaks down the new Magic assistant coaches whose hires the team officially announced Friday: former Bulls assistant Adrian Griffin, former Mavs assistant Monte Mathis, Mario Elie, who last was an NBA assistant with the Nets in 2012/13, and former Lakers D-League coach Conner Henry.

NBA Draft Withdrawal Deadline Updates

The deadline for college underclassmen to pull out of the draft and retain NCAA eligibility was way back on April 12th, but the NBA’s deadline isn’t until 4:00pm Central time today. That means that prospects from overseas who aren’t automatically draft-eligible finally have a decision to make. It’s possible that an early entrant from college or two will pull out, too, though that would force them to play in the D-League or overseas next season.

We’ll be tracking news of each player withdrawing from the draft today with this post, and we’ll pass along news about players deciding to stay in the draft here, too. A few reports came in over the recent days and weeks — Cyprus-born small forward Aleksandar Vezenkov is expected to withdraw, and so will German forward Paul Zipser, while South Korean center Jong-Hyun Lee is staying in the draft — but if the narrative changes on them, we’ll note it.

A few prospects changed their minds in the hours leading up to the deadline last year, so we’ll transfer names from one list below to the other if that happens again. Once it’s all settled, we’ll update our early entrants list with the final account as the draft, set for a week from Thursday, approaches.

So, here’s our list as it stands now. We’ll update it and bump it to the top of our home page as new information comes in.

Withdrawing from the draft

  • Brazilian point guard George de Paula, aka George Lucas, has left the draft, tweets Jonathan Givony of DraftExpress.
  • Rade Zagorac, a Serbian small forward is out of the draft, agent Misko Raznatovic says, as Givony reports (Twitter link).
  • Russian center Andrey Desyatnikov will withdraw from the draft, according to the ASM Sports Agency, Givony tweets.
  • Nedim Buza, a small forward from Bosnia and Herzegovina, will pull out of the draft, Givony tweets.
  • Combo forward Lucas Dias, aka Lucas Dias Silva, and small forward Humberto Gomes, both from Brazil, have withdrawn from the draft, according to their agent, as Givony tweets.
  • Point guard Miroslav Pasajlic, shooting guard Dusan Kutlesic and center Djoko Salic, all from Serbia, are pulling out of the draft, agent Alex Raskovic tells Givony (Twitter link).
  • Another Serbian, center Marko Tejic, will also withdraw from the draft, Raznatovic tells Givony (Twitter link).
  • Vladislav Korenyuk, a Ukrainian center, will pull out of the draft, agent Saulius Svetkauskas confirmed to Oleksandr Proshuta of basket-planet.com (Twitter link; hat tip to Givony).
  • Brazilian shooting guard Danilo Fuzaro will withdraw, agent Vinicius Fontana tells Givony (Twitter link).
  • Moussa Diagne, a center from Senegal, is out of the draft, according to agent Herb Rudoy, as Givony tweets.
  • French power forward Alexandre Chassang will pull out of the draft, according to agent Pedja Materic, Givony tweets.
  • Big man Alpha Kaba of France won’t keep his name in, either, Materic says, as Givony relays (Twitter link).
  • Swingman Timothe Luwawu-Cabarrot, another Frenchman, is also coming off the early-entrant list, Materic tells Givony (Twitter link).
  • Simone Fontecchio, a small forward from Italy, is pulling out of the draft, a source told Daniele Labanti of Corriere di Bologna (Twitter link).
  • French small forward Kevin Harley has decided to come off the draft board, agent Olivier Mazet tweets (hat tip to Sportando’s Emiliano Carchia).
  • Latvian center Andzejs Pasecniks is withdrawing from the draft, agent Artūrs Kalnītis tweets (hat tip to Givony).

Remaining in the draft

  • It’s no surprise, but Latvian power forward Kristaps Porzingis and Croatian shooting guard Mario Hezonja, both candidates to become top-10 picks, will stay in the draft, tweets Chad Ford of ESPN.com.
  • Guillermo Hernangomez, a center from Spain, will stick on this year’s early entrants list, according to the ASM Sports Agency, tweets Jonathan Givony of DraftExpress.
  • Serbian point guard Nikola Radicevic is staying in the draft, agent Alex Raskovic said to Givony (Twitter link).
  • Mouhammadou Jaiteh, a center from France, will remain draft-eligible, agent Herman Manakyan tells Givony (Twitter link).
  • Serbian center Nikola Milutinov will stay in the draft, agent Marc Fleisher says, according to Givony (on Twitter).
  • Satnam Singh, a center from India, is keeping his name on the draft list, agent Travis King tells Givony (Twitter link).
  • Macedonian-born small forward Cedi Osman will stay in the draft, tweets Can Pelister of Trendbasket.
  • Greek power forward Dimitrios Agravanis is staying in the draft, tweets agent Georgios Dimitropoulos (hat tip to Givony).

And-Ones: Monroe, Rondo, Draft

The Pistons haven’t given up hope that they can re-sign unrestricted free agent Greg Monroe this summer, Terry Foster of The Detroit News writes. In a letter sent to the team’s season ticket holders, coach/executive Stan Van Gundy indicated that Monroe was one of the players whom the franchise hoped to build around, Foster relays. “We have a nice young nucleus forming with Andre Drummond [22 years old], Reggie Jackson [24 years old], Kentavious Caldwell-Pope [22 years old], Greg Monroe [24 years old] and Spencer Dinwiddie [21 years old],” Van Gundy wrote. “We will continue to build around this young group with quality veterans cut from the same mold as Caron Butler, Tayshaun Prince, Joel Anthony and Anthony Tolliver.”

Here’s more from around the league:

  • Brad Stevens, Rajon Rondo‘s coach while a member of the Celtics, said he was shocked with all the difficulties Rondo has had with the Mavs, Jimmy Toscano of CSNNE.com writes. “Yeah. I am,” Stevens said when asked if he was surprised by his former point guard’s issues in Dallas. “And I haven’t paid as much attention or read every article or even really watched anything on it.  So yeah I was a little bit surprised.”
  • Coach Rick Carlisle says he was simply being truthful when he said that he didn’t expect to see Rondo in a Mavericks uniform again during an appearance on “The Afternoon Show with Cowlishaw and Mosley” (hat tip to the Dallas Morning News). “Well it’s highly unlikely, to be honest,” Carlisle said. “I think it’s important to be truthful in these situations. But here’s the other fact: this is a guy that’s going to have a lot of free-agent options in the summer. If we wanted to get him back, we were going to be bidding against multiple other teams with a lot of cap space, and there’s going to be a big market for him So that’s where all that stuff is at, but right now our attention and focus has got to be on Game 3.
  • Greek power forward Dimitrios Agravanis intends to enter the 2015 NBA draft, Jonathan Givony of DraftExpress tweets. The 20-year-old isn’t expected to hear his name called in June’s draft after averaging 4.4 points and 2.7 rebounds for Olympiakos this past season.
  • Serbian point guards Miroslav Pasajlic (20) and Nikola Radicevic (20) will enter the 2015 NBA draft, Givony reports (Twitter link). Neither player is projected to be drafted come June.