Celtics Waive Phil Pressey
12:22pm: The move is official, the team announced.
11:39am: Ainge confirmed that he’s about to put Pressey on waivers, tweets Mark Murphy of the Boston Herald, though the executive doesn’t sound excited about it. “It’s really tough for us to waive Phil,” Ainge said.
11:00am: The Celtics have chosen to waive Phil Pressey rather than guarantee the minimum salary for the two-year veteran, reports Gary Washburn of the Boston Globe (Twitter link). Today is the last day the team can release Pressey before his $947,276 salary, currently non-guaranteed, locks in. Pressey was also reportedly a candidate to go to the Warriors in the David Lee trade, which has still yet to become official, so it would appear more likely that Boston will include Chris Babb in that swap.
Pressey saw 11 starts as a rookie, averaging 15.1 minutes per game that season, but he saw less playing time this year even though he was a more efficient scorer. President of basketball operations Danny Ainge liked his perimeter defense, but the point guard position is crowded in Boston, with Marcus Smart, Isaiah Thomas, Evan Turner and this year’s No. 16 overall pick, Terry Rozier, among the team’s options.
Boston’s acquisition of Perry Jones III from the Thunder on Tuesday spelled further trouble for Pressey, since it added another already-guaranteed deal to the roster. The Celtics seemingly remain a work in progress, and while teams don’t have to cut down to 15 players until the end of training camp, it appears that Boston doesn’t want to commit to Pressey at this point. He’d be eligible to re-sign with the Celtics if he clears waivers.
Kings Sign Marco Belinelli
July 13th, 9:58pm: The signing is official, according to the team’s Twitter feed.
July 3rd, 4:05pm: The deal wouldn’t fit within the mid-level exception, Stein notes via Twitter. That exception would only allow for a total of $17,129,640 over three years, and while it’s not uncommon for initial reported figures on deals to be off, this appears to be confirm that the contract will exceed the exception amount. That means the Kings will likely use cap room and lose the ability to create trade exceptions for the three players they’ve agreed to trade to Philadelphia, as Eric Pincus of Basketball Insiders points out (on Twitter).
1:36pm: The Kings and Marco Belinelli have reached agreement on a deal worth $19MM over three years, reports Ramona Shelburne of ESPN.com (Twitter link). The contract will include no option clauses, tweets Ken Berger of CBSSports.com. Sacramento will likely use part of the cap space it’s set to clear in the wake of its trade agreement with the Sixers, though the deal is cheap enough to fit within the $5.464MM mid-level exception if the Kings choose to operate as an over-the-cap team.
The Hornets had reportedly planned a strong pursuit, and the Warriors had interest, too. The Heat put in a call to express their interest in the client of Sam Goldfeder and Jeff Schwartz, reports Barry Jackson of the Miami Herald (Twitter link), but Miami, like the Warriors, is likely limited to no more than the $3.376MM taxpayer’s mid-level exception. The Bulls might have gone after him if they’d have failed to sign Mike Dunleavy, as K.C. Johnson of the Chicago Tribune wrote, but they, too, would likely have been limited to the taxpayer’s mid-level.
Belinelli wanted to re-sign with the Spurs, as Jeff McDonald of the San Antonio Express-News heard (Twitter link). They were armed with Early Bird rights to bring him back on a deal comparable to the one he’s getting from the Kings, but they’re in hot pursuit of LaMarcus Aldridge, and may well have had to renounce Belinelli’s rights to squeeze Aldridge under the cap.
Sacramento moves on from having missed out on Monta Ellis and Wesley Matthews with a proven three-point marksman who’s nailed 39.2% of his attempts from behind the arc for his career. Still, outside of two seasons in New Orleans, he’s primarily been a reserve during his eight years in the NBA.
Warriors Re-Sign Leandro Barbosa
JULY 13TH, 4:06pm: The deal is official, the team announced via press release.
JULY 6TH, 6:08pm: Leandro Barbosa will re-sign with the Warriors on a one-year, $2.5MM contract, Ramona Shelburne of ESPN.com tweets. The veteran guard was a key reserve on Golden State’s championship team.
The signing comes as somewhat of a surprise, given that the Warriors have already pushed themselves into taxpayer territory by reaching a long-term commitment with restricted free agent Draymond Green. Currently, the Warriors have approximately $99.3MM in salary commitments when Green’s starting salary of $14.26MM is factored in.
The club only has Non-Bird rights on Barbosa and thus will have to use part of the $3,376MM taxpayer mid-level exception to re-sign him. The Warriors can ease their tax burden greatly if they can find a taker for David Lee‘s expiring contract. He’s owed nearly $15.5MM in his remaining year.
The 6’3” Barbosa, who will be entering his 13th season, averaged 7.1 points and 1.5 assists during 66 regular-season games last year and supplied 5.0 points and 0.9 assists per game in 21 postseason appearances. He’ll once again back up Klay Thompson and, at times, Stephen Curry.
Pacific Notes: Hibbert, Young, Brown, Davis
Lakers GM Mitch Kupchak said in an appearance on Time Warner Cable SportsNet that he had the Roy Hibbert trade lined up with the Pacers in advance of the start of free agency as a fallback in case the Lakers fell short with their primary free agent targets, notes Eric Pincus of the Los Angeles Times (Twitter link). LaMarcus Aldridge, DeAndre Jordan and Greg Monroe all passed on the purple-and-gold, so Hibbert it is for the Lakers, who made his acquisition the last of their moves under the cap. That’s key, since it meant that the trade wouldn’t otherwise work unless Hibbert agreed to waive part of his 15% trade kicker. He wouldn’t have been allowed to waive it unless the Lakers were in such a position, but they were, and he gave back all but $78,185 of what otherwise would have been $2.3MM, according to Pincus (Twitter links).
Here’s the latest from the Pacific Division:
- The 2018 first-round pick that the Kings owe the Sixers from this month’s three-player trade is protected only for the top 10 picks, according to salary cap expert Larry Coon (Twitter link). It’s unprotected for 2019. It’s possible that it’ll roll over to 2019 even if Sacramento’s pick ends up out of the top 10 in 2018 if the Kings have to send their 2017 first-rounder to the Bulls as part of a previous trade, Coon notes (on Twitter; also see RealGM).
- The 2020 second-round pick that the Suns will receive from the Pistons as part of the Marcus Morris trade is Detroit’s own selection, according to RealGM.
- Despite Nick Young reportedly being on the trading block, Kupchak said of the forward, “I do see him being a core player this year,” Mike Bresnahan of The Los Angeles Times tweets. The GM did stress that Young would need to show improvement on the defensive side of the game, Bresnahan adds.
- Lakers second round pick Anthony Brown‘s contract calls for him to earn $700k for the 2015/16 season, $875k the second year, and $1MM in 2017/18, Pincus relays (Twitter links). The first two years of the deal are fully guaranteed, but the final season is non-guaranteed, Pincus adds.
- Kings executive Vlade Divac said that Sacramento has had discussions with unrestricted free agent point guard Andre Miller, but the team is exploring numerous options, Jason Jones of The Sacramento Bee relays (Twitter link).
- Brandon Bass‘ free agent deal with the Lakers is for two years and $6.135MM, and includes a player option for the second season, note Pincus and Sam Amick of USA Today (Twitter links). Bass was signed using available cap space, which means Los Angeles still retains its $2.8MM room exception, Bresnahan tweets.
- Kupchak said that if unrestricted free agent Ed Davis had waited one more day before signing a deal with the Blazers, the Lakers would have been able to re-sign him, Pincus tweets. Instead, Davis inked a three-year, $20MM pact with Portland.
- The Warriors are considering promoting assistant Luke Walton to replace Alvin Gentry as the associate head coach on Steve Kerr‘s staff, Marc J. Spears of Yahoo! Sports reports (via Twitter).
Chuck Myron contributed to this post.
Warriors Re-Sign Draymond Green
JULY 9TH, 1:21pm: The team hasn’t sent out a formal announcement, but GM Bob Myers said today to reporters, including Diamond Leung of the Bay Area News Group, that the deal is official (Twitter link).
JULY 2ND, 8:40am: It’s $82MM, not $85MM, as Grantland’s Zach Lowe and Tim Kawakami of The Bay Area News Group report (Twitter links). Green gets $14.26M this coming season, $15.33M in 2016/17, $16.4M in 2017/18, $17.47M in 2018/19, and $18.54M in 2019/20, Kawakami tweets.
JULY 1ST, 9:59pm: The Warriors and Draymond Green have come to terms on a five-year, $85MM deal that will see the forward return to Golden State, Marc J. Spears of Yahoo! Sports reports (Twitter link). Green’s deal is for less than the maximum, which would have been five years, and approximately $91MM, but it’s nevertheless a major raise for a player who toiled away for the league minimum last season. The contract is fully guaranteed, and contains no options, Sam Amick of USA Today tweets.
The signing comes as no surprise, though talks had reportedly stalled earlier today. The B.J. Armstrong client was noted as being willing to take less than the max to stay with the Warriors and help the club keep its roster together, despite the interest from other teams. Both the Hawks and the Rockets were reported to be suitors for the bruising forward, though the opportunity to remain in Golden State and pursue another NBA title was likely too strong a pull for Green to ignore, regardless of dollar figures.
“Excited, thankful, and grateful to be back in the Bay. Thanks to Peter Gruber, Joe Lacob, Bob Myers, Rick Welts and the entire Warriors organization,” Green said in his official statement. “Thanks to coach Steve Kerr and staff for helping me become a better player, and thanks to my teammates for being great and accepting. I love the fans, thanks for being great, now let’s chase championships.”
Green appeared in 79 games for the Warriors last season, averaging 11.74 points, 8.2 rebounds, and 3.7 assists, with a slash line of .443/.337/.660. His career averages are 6.9 PPG, 5.5 RPG, and 2.1 APG, while shooting .412/.321/.685.
Warriors Sign Kevon Looney
The Warriors have signed Kevon Looney to a rookie scale contract, the team announced via a press release. Looney was the final pick of the first round in this year’s NBA Draft. The 19-year-old appeared in 36 contests for the Bruins last season, averaging 11.6 points, 9.2 rebounds, 1.4 assists, and 1.3 steals in 30.9 minutes per game. His slash line was .470/.415/.626.
The forward out of UCLA has lottery-level talent, but long-term concerns about his hip likely caused him to last until the No. 30 overall pick. Looney believes that he can continue to play without surgery but will reportedly undergo a medical evaluation to determine if a procedure is necessary. “I had suffered a hip injury when I first got to UCLA, and I played the whole season with it,” Looney told Diamond Leung of The Bay Area News Group regarding his condition. “I went through the [draft] workouts with it. I still can play now. I can play just fine. I can walk good. I’m not hurting right now. I’m looking to the doctors to tell me what they really want to do, but this is an injury that I had, and I can actually play with, and I can actually do well with it.“
Looney, who is represented by both Aaron Goodwin of Goodwin Sports Management and Todd Ramasar of Stealth Sports, will earn $1,191,960 this coming season in the first year of a four-year deal, assuming that he receives the standard 120% of the rookie scale. The forward is in line to take home $1,182,840 for the 2016/17 campaign, $1,233,840 the following season, and $2,227,081 in the final year of the pact.
And-Ones: Lee, Randle, Bulls, Clippers
Clippers guard J.J. Redick vented his frustrations with his team’s offseason during an interview with Bleacher Report Radio, Ben Bolch of The Los Angeles Times relays. When asked to grade Los Angeles’ free agent moves, Redick said, “Is there an F-minus?” The veteran continued expressing his disappointment, saying, “Listen, we had one priority this summer and that was to re-sign D.J. [DeAndre Jordan] and we missed out on that, so barring some miracle, [the] makeup of our team is completely different now.” The center agreed to a four-year, $80MM deal with Dallas last week.
Redick noted the myriad of ways in which the Clippers will miss Jordan, referring to the big man as, “such an integral part of what we did, not just defensively but offensively with his screening, his rolling, his offensive rebounds. His presence down low essentially made teams either commit to the three-point line when Blake [Griffin] or Chris [Paul] penetrated or commit to him, and that either opened up lobs for him or threes for guys like me and Jamal [Crawford] and Matt [Barnes].”
Here’s what else is happening around the league:
- Free agent Kevin Seraphin is receiving interest from the Mavericks, Michael Scotto of Sheridan Hoops relays (Twitter link). The 25-year-old center has also had inquiries from the Lakers, Wizards, Suns and Spurs, Scotto adds.
- The Lakers‘ first round draft pick of a year ago, Julius Randle, participated in his first organized practice with the team since he suffering a broken leg in his NBA debut last season, Baxter Holmes of ESPNLosAngeles.com writes. Randle, who is on track to be recovered by the start of the 2015/16 season, has lost weight while getting stronger, which should improve his quickness and production, Holmes adds. “The credit goes to my coaches for staying on me and not letting this downtime being injured be a step in the wrong direction,” Randle said. “I’m taking advantage of it the most that I could. It’s also me with my drive and will and people supporting me. The credit goes to all of them.“
- The proposed trade that would send David Lee to the Celtics can save the Warriors roughly $5MM in salary and an additional $18MM in luxury tax, which makes the deal worth doing for Golden State, even if Lee’s presence will be missed, Daniel Leroux of The Sporting News writes.
- The Bulls missed a major opportunity to take advantage of a still developing Cavaliers roster and reach the NBA Finals, a feat that has grown even more difficult with the improvements that Cleveland, not to mention the Bucks and Raptors, made this offseason, Scoop Jackson of ESPN.com writes.
Lowe’s Latest: Heat, West, Aldridge, Suns
The Heat have “put out Shabazz Napier feelers” as they seek to maximize their cap flexibility for the summer of 2016, Grantland’s Zach Lowe writes within a larger column on free agency. Mario Chalmers and Chris Andersen are available “for nothing,” Lowe adds, presumably meaning that the Heat continue to place a priority on clearing their salaries in an effort to avoid repeat-offender luxury tax penalties. Heat president Pat Riley denied a report last month that the team was shopping the pair, who are set to make a combined $9.3MM this coming season, but it sounds as if Miami is at least open to the idea of moving them if another team comes forward with an offer. Miami could simply decline its 2016/17 team option on Napier, worth about $1.35MM, but the team presumably wants to extract more value than that out of last year’s 24th overall pick. Lowe dishes plenty more in his latest must-read column, and we’ll pass along some of the highlights:
- David West turned down an extra $4MM or so from the Wizards and about an extra $2MM from the Warriors when he reportedly agreed to sign for the minimum salary with the Spurs, several league sources tell Lowe. That signals that Washington would have spent its $5.464MM non-taxpayer’s mid-level and Golden State would have used its $3.376MM taxpayer’s mid-level instead of committing part of it to Leandro Barbosa.
- The Nuggets tried before the draft to trade the lottery protected 2016 first-round pick it acquired from the Blazers in the Arron Afflalo trade in February, but no one bit, out of fear that the Blazers would lose LaMarcus Aldridge and miss the playoffs two years in a row, Lowe hears. If Portland doesn’t qualify for the postseason in 2016 or 2017, the first-rounder turns into two second-rounders, as RealGM notes.
- Aldridge’s interest in the Lakers was serious as free agency began, several sources told Lowe. He took two meetings with the team after the first one apparently didn’t focus enough on basketball for his liking.
- Suns owner Robert Sarver is impatient with his team’s playoff drought and has made it clear to the front office that he wants them to be aggressive in free agency, Lowe reports. That explains Phoenix’s pursuit of Aldridge, which had the Suns seemingly co-favorites with the Spurs at one point.
- The best information so far indicates that DeMar DeRozan and Chandler Parsons will opt out next summer, Lowe writes, though it’s early.
- George Karl loved coaching Kosta Koufos when they were together with the Nuggets, according to Lowe, so Sacramento’s agreement to sign the center leaves the Grantland columnist with the impression that Karl indeed has some degree of sway over Kings personnel.
Western Notes: Gasol, Durant, Kings
Marc Gasol‘s commitment means the Grizzlies can stay relevant and contend for titles for another four or five seasons, Geoff Calkins of the Memphis Commercial Appeal opines. Gasol did not seriously consider signing with another team before reaching an agreement on a five-year deal worth more than $100MM on Monday. Gasol showed unusual faith in the franchise and took the high road by accepting a long-term deal, Calkins continues. He could have signed a shorter-term contract and taken advantage of the major salary cap increase next season, or put the onus on the front office to keep making moves to stay competitive, but instead chose to stay long term with a team that is not in a major market, Calkins adds.
In other news around the Western Conference:
- The Warriors would like to get in on the Kevin Durant sweepstakes as a potential sign-and-trade option next summer, according to Tim Kawakami of the San Jose Mercury News. If they could somehow land Durant, it would not hinder the club’s desire to lock up Stephen Curry when his contract expires in 2017, Kawakami adds.
- The Jazz were interested in re-signing Jeremy Evans but he couldn’t pass up the offer he received from the Mavericks, Jody Genessy of the Deseret News tweets. Evans, who spent his first five seasons with Utah and appeared in 38 games last season, agreed to a two-year contract with Dallas for the league minimum.
- The Kings were prepared to give Tobias Harris a max offer sheet before the restricted free agent opted to stay with the Magic, Marc Berman of the New York Post tweets. Harris agreed to a four-year, $64MM contract on Friday. Considering that Florida does not have a state income tax, Harris didn’t take less to remain in Orlando, Berman adds.
Latest On David West
MONDAY, 2:52pm: The Heat are also pursuing West, as Miami Herald columnist Dan Le Batard reported and as Herald scribe Barry Jackson confirms (Twitter links), though Jackson doubts the Heat will be able to overcome his other suitors.
SATURDAY, 12:38pm: The Cavs and the Spurs are both aggressively pursuing West, with Cleveland having a slight edge at the moment, Adrian Wojnarowski of Yahoo! Sports relays (via Twitter).
FRIDAY, 9:56am: The Wizards are making a hard push for West, reports Marc Stein of ESPN.com (on Twitter). The Spurs are still very much in the picture for him, but the Warriors have become “highly unlikely,” Stein adds in a second tweet. The ESPN scribe said Wednesday that the Spurs and Wizards were his most likely destinations. Washington has only the $5.464MM mid-level exception to spend unless it can work a sign-and-trade.
THURSDAY, 9:35am: David West is seriously interested in playing for either the Spurs or the Warriors, a source with knowledge of his situation told USA Today’s Sam Amick. Playing for one of the last two NBA champions would jibe with the reason he turned down his $12.6MM player option with the Pacers, as he explained Wednesday to Bob Kravitz of WTHR-TV in Indianapolis, telling him that he wants a legitimate chance at a title that he feels the Pacers can’t provide. He also said to Kravitz that while the team’s open criticism of Roy Hibbert wasn’t the deciding factor, it also played a role in his choice to leave Indiana.
“That’s one thing where I wish they would have handled better was the situation with Roy,” West said. “I’ll be honest with you, that bothered me a little bit, and I told Roy that. I’m the type of guy who feels like we’re all in this fight together and I’m not designed in that way to put it all on one guy. That did rub me the wrong way. That threw me off. I started reading some of that stuff, I started thinking, ‘Whoaa.’ I just didn’t feel good about that. I told Roy that it bothered me, that he’s still my teammate.”
West was open-minded at the end of the regular season about returning to Indiana, but as he watched the Finals on TV, he decided winning was a greater priority, as Kravitz detailed. The Pacers still have West’s Bird rights, but he doesn’t sound keen on re-signing, and it doesn’t sound like he’s Knicks-bound, either. He called the rumor that he was likely to sign with the Knicks ridiculous, citing his desire to play with a contender, Kravitz tweets.
The Spurs have maximum-level cap flexibility as they seek LaMarcus Aldridge after agreeing to trade Tiago Splitter to the Hawks, and while West probably wouldn’t command the max, he may well be a fallback option for San Antonio should it miss on Aldridge or Marc Gasol. The Warriors have only the $3.376MM taxpayer’s mid-level exception to offer. It’s not clear if either team has interest in the Lance Young client.