Hoops Rumors Originals

Top 10 September 2014 Transactions

Most offseason business is already taken care of well before September, when the opening of training camps at month’s end looms. It’s that new beginning for on-court action that stirs a renewal of off-court transactions, too. September saw several notable moves last year, and that’ll no doubt be the case again in 2015, with Tristan Thompson still unsigned, the Rockets facing an unappealing set of circumstances with No. 32 pick Montrezl Harrell, and Markieff Morris still pushing the Suns to trade him.

We’ll look back on the top 10 September transactions from last year to provide a preview of the sort of moves we can expect in the next few weeks:

  1. Suns re-sign Eric Bledsoe — Thompson’s restricted free agency is very much the sequel to Bledsoe’s. Both are clients of agent Rich Paul, and both spent far longer on the market than players of their caliber normally do. The Suns moved off their reported four-year, $48MM offer, and Bledsoe came down from the five-year, $80MM mark he sought. We’ll see if Thompson and the Cavs bridge their $14MM gap.
  2. Greg Monroe signs qualifying offer from Pistons — Bledsoe threatened to sign his qualifying offer, but Monroe actually followed through with his. Monroe denied that the Pistons put a five-year, $60MM offer on the table, but he nonetheless made a significant financial sacrifice, playing for only about $5.48MM last season. The move paid off for him when he signed a max deal with the Bucks this summer.
  3. Morris twins sign extensions with Suns — One of this September’s most prominent storylines might not be around if Markieff Morris and twin brother Marcus Morris hadn’t signed four-year extensions from the Suns, who allowed them to split a total of $52MM between themselves. The brothers thought it meant they’d play together when the deals kicked in this coming season, but the Suns traded Marcus to the Pistons in July, touching off Markieff’s desire to exit Phoenix, too.
  4. Rockets acquire Jason Terry in trade with Kings (September 17th, agreed to August 31st) — Terry never played for the Kings after they acquired him in a 2014 deadline trade from the Nets, but he filled a significant role for the banged-up Rockets in the playoffs, starting 17 games, the most postseason starts he had seen since 2006.
  5. K.J. McDaniels signs required tender from Sixers — Agent Mark Bartelstein expressed fundamental misgivings about the four-year offers with two years of non-guaranteed salary that Sixers GM Sam Hinkie has made a staple over the past couple of years. McDaniels instead signed a non-guaranteed required tender for one year at the minimum salary, and he proved his worth before Philadelphia traded him to the Rockets, who re-signed him this summer for three years and $10MM.
  6. Sixers waive Hasheem Thabeet — The former No. 2 overall pick has never lived up to his draft status, and that was never more apparent than when Philadelphia waived him not long after acquiring him via trade from the Thunder. He signed later in September with the Pistons, but they waived him before the start of the regular season.
  7. Warriors sign Leandro Barbosa — The NBA career of the Brazilian blur hadn’t been on the fast track in a while when he joined Golden State, but a spot in the rotation for the eventual champions helped him to a new one-year, $2.5MM contract with the Warriors this summer.
  8. Spurs re-sign Aron Baynes — Baynes was sort of like Norris Cole this summer, the non-star who nonetheless lingered in restricted free agency. Baynes landed a one-year, $2.077MM deal with the Spurs that led him to unrestricted free agency this summer and a lucrative three-year, $19.5MM deal with the Pistons.
  9. Kings sign Ramon Sessions — The point guard failed to beat out Darren Collison for the starting job in Sacramento, but he did enough to convince the Wizards to trade for him at the deadline this past winter, sending Andre Miller in exchange.
  10. Celtics sign Evan Turner — Unlike Thabeet, this former No. 2 overall pick experienced a revival in 2014/15, rebounding from a disappointing stint with the Pacers to start 57 games for the playoff-bound Celtics this past season.

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Players Who Agreed To Deals Without Guarantees

Training camp is a time of uncertainty for players without fully guaranteed salary, but most of the players who’ve agreed to those kinds of contracts this summer will see at least a nominal partial guarantee. Still, there are several others who have no such promises.

Players who sign contracts with no guaranteed money at all during the offseason fall under the definition of summer contracts. These deals are almost always for the minimum salary, though they need not be, and they can cover multiple seasons or just one, but all summer contracts, in the technical meaning of the term, have no guaranteed money. A stricter definition applies to Exhibit 9 contracts, which stipulate that the franchise owes the player no more than $6K if he’s hurt while performing for the team. All other contracts hold that teams must continue to pay players who suffer on-the-job injuries at least until they’re ready to play again, regardless of the level of guarantee on the contract. Exhibit 9 contracts must be for one season at the minimum salary with no guaranteed money, and teams can’t sign a player to an Exhibit 9 if they don’t already have 14 contracts that aren’t summer contracts.

Below is a list of players who are either on summer contracts or have reportedly agreed to sign deals that don’t include any guaranteed salary. Note that the list doesn’t include players who have non-guaranteed salary but are on contracts that predate the offseason.

A few well-known figures appear here, including Jason Richardson and Chuck Hayes. Veterans are less inclined to play in the D-League if they don’t make it onto NBA rosters. Sometimes teams employ a strategy of offering camp invitees small partial guarantees to augment the tiny D-League salaries, which are less than $20K in some cases, in an effort to convince them to join their D-League affiliates after NBA training camp, but that often doesn’t hold much appeal when it comes to established NBA names.

Which of these players do you think has the best chance to stick with his team for opening night? Leave a comment to tell us.

The Basketball Insiders salary pages were used in the creation of this post.

Extension Candidate: Bradley Beal

NBA: Playoffs-Atlanta Hawks at Washington Wizards

Courtesy of USA Today Sports Images

It was somewhat surprising not to see Bradley Beal‘s name pop up alongside Anthony Davis and Damian Lillard when they agreed to max extensions on the first and second nights of free agency, respectively. After all, J. Michael of CSNMidAtlantic.com reported this past fall that Washington was planning a rookie scale extension for the former No. 3 overall pick, and Ken Berger of CBSSports.com reported in May that the Wizards were committed to paying him the max. Still, talks didn’t begin in earnest until mid-July, and the sides apparently met with conflicting desires.

The Wizards want non-guaranteed salary if they sign Beal for the maximum, while the Mark Bartelstein client would want a player option in any deal for less than the max, Michael reported this summer. Washington can’t sign him to a five-year extension, since the team already did so with John Wall, making him its Designated Player. So a player option would mean Beal could leave after three seasons of the deal, setting him up for unrestricted free agency in 2019, when he’d be 26 and the salary cap would be a projected $102MM, giving him the chance to reap more than he could at the back end of an extension that would start in 2016/17, when the cap is projected to be a relatively paltry $89MM. Max salaries rise and fall with the cap, so the higher the cap, the more Beal could earn. Plus, Beal would qualify for a higher maximum salary tier in 2019, when he’d be a seven-year veteran and thus eligible for a max equivalent to 30% of the cap, rather than the roughly 25% he could get now.

That presents an intriguing compromise if Beal would be willing to come off the max number, but it’s unclear just how much the Wizards would want him to sacrifice in that scenario. If they asked him to sign for no more than the current projection for his max salary of $20.4MM, a hedge against an unexpected rise that the Warriors made with Klay Thompson last fall, Beal could end up having made no financial concession at all if the projection is accurate. If Wizards GM Ernie Grunfeld and company want him to commit to a deal closer to the $16MM salaries that Jonas Valanciunas will see in the extension he signed with the Raptors last month, it would be easy to see why the sides haven’t come to an agreement.

Washington’s push for non-guaranteed money apparently stems from a concern over Beal’s history of injuries, though he’s avoided major issues and has missed only 26, 9 and 19 games the last three seasons, respectively. Beal could bet on himself and feel confident about his chances to collect on his full salary. Still, guaranteed contracts are de rigueur with core players, so Bartelstein may well have a desire not to set a precedent in that regard for his other clients.

Casting a shadow on the negotiations is the specter of Kevin Durant‘s free agency next summer. The Wizards certainly won’t be alone among teams seeking the former MVP, but they have a unique geographical advantage of playing in Washington, Durant’s hometown. An associate of Durant’s told Barry Jackson of the Miami Herald this summer that if the four-time scoring champ were to leave the Thunder, he would sign with the Wizards. Washington has clearly been preparing should Durant be so inclined, but an extension for Beal would complicate that effort.

The Wizards have nearly $33.5MM in guaranteed salaries for next season, though that doesn’t include a team option of almost $5.9MM on Otto Porter‘s rookie scale contract that Washington will almost certainly pick up. That accounts for four players, and they’d have to carry cap holds for eight more. At minimum, they could strip down to seven roster charges, which are cap holds that represent empty roster spots and are equal to the rookie minimum salary, plus Beal’s cap hold, which would be about $14.2MM if he doesn’t sign an extension.

Thus, barring trades or stretch provision maneuvers, the Wizards would carry no less than about $54.6MM on a projected $89MM cap for 2016/17. That would be enough to sign Durant to a max contract starting at the projected $24.9MM he’d be eligible for as a nine-year veteran next summer, with about $6.7MM in cap room to spare. Give Beal an extension for the max, which entails a projected starting salary of $20.4MM since he’ll be a four-year vet, and the Wizards would have just enough to squeeze in Durant at his max salary, but essentially no breathing room beyond that. Barring a higher than expected cap, Washington wouldn’t even have room to hang on to its first-round pick next year. The Wizards would have Durant, Beal, Wall, Porter Marcin Gortat, Kelly Oubre, whomever they could sign with the room exception and only minimum-salary additions from there. The Wizards would be able to sell Durant on a strong starting five, but they couldn’t promise any depth.

Instead, the Wizards could forgo an extension with Beal and sign him to a new deal next summer, much in the same way the Spurs put off a deal with Kawhi Leonard last fall to help clear cap space for their successful pursuit of LaMarcus Aldridge this year. The Wizards could spend freely while Beal’s cap hold stays at that $11.4MM figure, wooing Durant and supporting talent, and use Beal’s Bird rights to finally re-sign him once they’re finished scouring the market. Of course, such a strategy would require Beal’s cooperation, but the Wizards would have the ability to match offer from other teams, since he’d be a restricted free agent, and the July Moratorium buys Washington some time to negotiate with Durant and others before Beal could sign an offer sheet. The Wizards would have three days to match even if he signed an offer sheet the moment the moratorium ended, giving them plenty of time.

Beal is no doubt a sterling talent. His scoring average dipped this past season in part because he took fewer shots than the season before, but his shooting percentages, from behind the three-point line and from the floor as whole, improved. He was the ninth-most accurate three-point shooter in the league in 2014/15. His defense was so-so, as he was essentially break-even in Basketball-Reference’s Defensive Box Plus Minus and the 18th-best shooting guard in ESPN’s Defensive Real Plus Minus. Still, at only 22 and already an elite floor-stretcher, he offers enticing value.

It’s merely the context that should prevent the sides from reaching a deal this year. The Wizards have incentive to let this fall’s deadline pass because of Durant and all the other avenues they can pursue in free agency next July. They must be careful not to poison their relationship with Beal if they present too many reasons for not signing him, so it’s somewhat curious to see them bring up the notion of non-guaranteed money. Ultimately, the main reason for the team not to sign Beal is timing, and if Washington makes that clear to him and to Bartelstein, chances seem better that the sides will continue a fruitful partnership for years to come.

Do you think the Wizards should sign Beal to an extension, and if so, what sort of deal should they give him? Leave a comment to tell us.

Hoops Rumors Community Shootaround 9/3/15

Their have been quite a few prognostications of doom unleashed regarding the Nets’ 2015/16 campaign, and much of this pessimism revolves around Jarrett Jack, who is projected to be the team’s starting point guard this season. While Jack is not likely to earn an All-Star nod anytime soon, it’s not like he’s replacing Chris Paul or Stephen Curry in the team’s rotation. Former starter Deron Williams certainly wasn’t getting the job done for the franchise, and the team was all too happy to reach a buyout deal with him earlier this offseason.

Jack started 27 games for the Nets last season, and they went 11-16 overall in those contests. For the season, the 31-year-old averaged 12.0 points, 3.1 rebounds, and 4.7 assists to accompany a slash line of .439/.267/.881. The veteran isn’t a neophyte to starting in the NBA, with a total of 310 starts over the course of his 10 year NBA career. But it should also be noted that Jack hasn’t been a starter for an entire season since the 2006/07 campaign, when he was on the court for the opening tip during 79 times for the Trail Blazers that campaign. That season Jack notched averages of 12.0 points and 5.3 assists and Portland finished an underwhelming 32-50.

This brings me to the topic/question of the day: Do you feel that the Nets are better off with Jarrett Jack as the starter, or would the team have been better served to retain Deron Williams?

Take to the comments section below to share your thoughts and opinions on the matter. We look forward to what you have to say.

Poll: 2003 NBA Draft Take Two (Pick No. 11)

Drafting players is far from an exact science, and many a GM has been second-guessed for his draft night decisions. I’m willing to bet that every team executive has at least one pick that he would like a mulligan for. While life, and the NBA, doesn’t allow for such opportunities, we at Hoops Rumors decided it would be fun to give our readers a second take at picking players, complete with the benefit of hindsight.

We are in the process of taking you on a journey back to June of 2003, and revisiting a draft that saw the likes of LeBron James, Carmelo Anthony, Dwyane Wade, and Chris Bosh available to potentially change the fortunes of a few struggling franchises. Wade was the first of that group to win an NBA championship, though James and Bosh would later join him in Miami and go on to win multiple titles together years later, while Melo is still seeking his first trip to the NBA Finals. Detroit, which owned the No. 2 overall pick that season, chose to go with Darko Milicic, who didn’t work out so well for the Pistons. Not all picks pan out, but that one is especially painful given the talent that the Pistons passed over to select the big man, who owns career averages of 6.0 points and 4.2 rebounds, and has been out of the NBA since making a single appearance for the Celtics back in 2012/13.

We continue our revisionist history with the Warriors, who used the No. 11 overall pick to select Mickael Pietrus. Readers, you are now on the clock! Cast your vote for Golden State’s pick and check back Friday night for the results, as well as to cast your vote for who the Thunder will select with the No. 12 overall pick. But don’t limit yourself to a simple button click. Take to the comments section below and share your thoughts on the No. 11 overall pick and why you voted the way that you did.

Previous Picks

  1. Cavaliers: LeBron James
  2. Pistons: Dwyane Wade
  3. Nuggets: Carmelo Anthony
  4. Raptors: Chris Bosh
  5. Heat: David West
  6. Clippers: Kyle Korver
  7. Bulls: Mo Williams
  8. Bucks: Chris Kaman
  9. Knicks: Boris Diaw
  10. Wizards: Kirk Hinrich
With the No. 11 Overall Pick the Warriors Select...
Jose Calderon 28.01% (186 votes)
Josh Howard 16.87% (112 votes)
Leandro Barbosa 14.76% (98 votes)
Kendrick Perkins 10.39% (69 votes)
Nick Collison 5.72% (38 votes)
Zaza Pachulia 4.82% (32 votes)
Darko Milicic 3.46% (23 votes)
T.J. Ford 3.31% (22 votes)
Steve Blake 3.01% (20 votes)
Mickael Pietrus 1.96% (13 votes)
Luke Ridnour 1.20% (8 votes)
James Jones 1.20% (8 votes)
Carlos Delfino 1.05% (7 votes)
Luke Walton 1.05% (7 votes)
Matt Bonner 1.05% (7 votes)
Jason Kapono 0.60% (4 votes)
Troy Bell 0.45% (3 votes)
Reece Gaines 0.30% (2 votes)
Dahntay Jones 0.30% (2 votes)
Michael Sweetney 0.15% (1 votes)
Sasha Pavlovic 0.15% (1 votes)
Travis Outlaw 0.15% (1 votes)
Jarvis Hayes 0.00% (0 votes)
Marcus Banks 0.00% (0 votes)
Brian Cook 0.00% (0 votes)
Keith Bogans 0.00% (0 votes)
Willie Green 0.00% (0 votes)
Total Votes: 664

If you’re a Trade Rumors app user, click here.

Hoops Rumors Community Shootaround 9/2/15

Restricted free agent Tristan Thompson, who has already rejected a five-year, $80MM contract offer from the Cavaliers this offseason, also nixed a four-year, $52MM extension offer from the team last fall. The power forward’s agent, Rich Paul, has reportedly informed the Cavs that his client would not put pen to paper on a new deal unless it was a maximum salary arrangement, and that Thompson would be OK with signing his one-year qualifying offer worth $6,777,589 if a deal can’t be worked out between the two sides prior to the deadline in October.

One reason that Thompson is reportedly willing to risk playing without the security of a long-term pact in 2015/16 is that Paul believes he can wrangle a max deal out of the Raptors next offseason, as was noted by Bleacher Report’s Ric Bucher. Michael Scotto of Sheridan Hoops had previously broached the possibility of Thompson, a native Canadian, joining the Raptors in 2016/17. Raptors GM Masai Ujiri has stated that he considers it a priority to add Canadian born players to the team, which obviously makes Thompson a natural target for the franchise.

This brings me to the topic for the day: Which would be a better situation for Tristan Thompson long-term, re-signing with the Cavaliers or joining the Raptors next Summer?

Would the young forward be better served to remain a key reserve in Cleveland, and have the opportunity to chase NBA titles for as long as LeBron James is still on the roster? Or would he be better served to chase the bigger dollars and a likely role as a starter for the Raptors back in his country of birth? Take to the comments section below to share your thoughts and opinions on the matter. We look forward to what you have to say.

Poll: 2003 NBA Draft Take Two (Pick No. 10)

Drafting players is far from an exact science, and many a GM has been second-guessed for his draft night decisions. I’m willing to bet that every team executive has at least one pick that he would like a mulligan for. While life, and the NBA, doesn’t allow for such opportunities, we at Hoops Rumors decided it would be fun to give our readers a second take at picking players, complete with the benefit of hindsight.

We are in the process of taking you on a journey back to June of 2003, and revisiting a draft that saw the likes of LeBron James, Carmelo Anthony, Dwyane Wade, and Chris Bosh available to potentially change the fortunes of a few struggling franchises. Wade was the first of that group to win an NBA championship, though James and Bosh would later join him in Miami and go on to win multiple titles together years later, while Melo is still seeking his first trip to the NBA Finals. Detroit, which owned the No. 2 overall pick that season, chose to go with Darko Milicic, who didn’t work out so well for the Pistons. Not all picks pan out, but that one is especially painful given the talent that the Pistons passed over to select the big man, who owns career averages of 6.0 points and 4.2 rebounds, and has been out of the NBA since making a single appearance for the Celtics back in 2012/13.

We continue our revisionist history with the Wizards, who used the No. 10 overall pick to select Jarvis Hayes. Readers, you are now on the clock! Cast your vote for Washington’s pick and check back Thursday night for the results, as well as to cast your vote for who the Warriors will select with the No. 11 overall pick. But don’t limit yourself to a simple button click. Take to the comments section below and share your thoughts on the No. 10 overall pick and why you voted the way that you did.

Previous Picks

  1. Cavaliers: LeBron James
  2. Pistons: Dwyane Wade
  3. Nuggets: Carmelo Anthony
  4. Raptors: Chris Bosh
  5. Heat: David West
  6. Clippers: Kyle Korver
  7. Bulls: Mo Williams
  8. Bucks: Chris Kaman
  9. Knicks: Boris Diaw
With the No. 10 Overall Pick the Wizards Select...
Kirk Hinrich 25.61% (198 votes)
Jose Calderon 19.53% (151 votes)
Josh Howard 14.75% (114 votes)
Leandro Barbosa 11.77% (91 votes)
Kendrick Perkins 8.28% (64 votes)
Nick Collison 3.62% (28 votes)
Zaza Pachulia 2.85% (22 votes)
Darko Milicic 2.20% (17 votes)
Steve Blake 1.68% (13 votes)
Matt Bonner 1.68% (13 votes)
Mickael Pietrus 1.16% (9 votes)
T.J. Ford 1.03% (8 votes)
Carlos Delfino 1.03% (8 votes)
Luke Ridnour 0.78% (6 votes)
Travis Outlaw 0.65% (5 votes)
Jason Kapono 0.65% (5 votes)
Luke Walton 0.65% (5 votes)
Keith Bogans 0.65% (5 votes)
Troy Bell 0.39% (3 votes)
James Jones 0.39% (3 votes)
Michael Sweetney 0.26% (2 votes)
Dahntay Jones 0.26% (2 votes)
Willie Green 0.13% (1 votes)
Jarvis Hayes 0.00% (0 votes)
Marcus Banks 0.00% (0 votes)
Reece Gaines 0.00% (0 votes)
Sasha Pavlovic 0.00% (0 votes)
Brian Cook 0.00% (0 votes)
Total Votes: 773

If you’re a Trade Rumors app user, click here.

Hoops Rumors Chat Transcript

4:03pm: We hosted the weekly live chat.

3:00pm: Less than a month remains before the start of training camp, and negotiations between Tristan Thompson and the Cavaliers are still at a stalemate, with limited contact, at best, between the two sides, as Chris Haynes of the Northeast Ohio Media Group and the Cleveland Plain Dealer told us this week. The best of the remaining 2015 free agents is stuck in limbo, but that’s not the only storyline that persists. It’s been a summer of broken deals, from DeAndre Jordan‘s infamous flipflop, to Richard Jefferson‘s less controversial exit from the Mavs, to Luc Mbah a Moute‘s voided Kings deal, to the fractured agreement between Chuck Hayes and the Rockets, one that led him to join Jordan, his fellow almost-Texan, on the Clippers. Maybe we should have seen it coming this spring when the Thunder hired Billy Donovan, who reneged on a deal to become the Magic’s coach in 2007.

In any case, we can talk about all of that and more in today’s chat. Click here to join!

Top Non-Scale Rookie Salaries

The Timberwolves are set to have this season’s highest-paid first-year player, as the rookie scale will bestow more than $5.7MM on Karl-Anthony Towns. They’ll also have the most well-compensated rookie in another regard. No rookie on a non-scale contract is slated to make as much as Nemanja Bjelica, the former draft-and-stash prospect who signed a three-year, $11.7MM deal with Minnesota in July. The 35th overall pick from 2010 will make more than all but the top four picks from this year’s draft.

This offseason has yet to produce non-scale deals as large as the ones Nikola Mirotic and Kostas Papanikolaou wrangled last summer, when they arranged for salaries of $5.305MM and nearly $4.8MM, respectively. Plus, a portion of the salaries for draft-and-stash rookies usually go toward buyouts to their overseas teams. Still, Bjelica, Tibor Pleiss of the Jazz and Nikola Jokic of the Nuggets proved once more that waiting to sign and developing overseas instead can be a lucrative path, particularly for second-round picks. They, as well as undrafted free agent Boban Marjanovic, are in line for the top four non-scale rookie salaries this season. Jordan Mickey, the highest second-round pick from this year’s draft to have signed so far, is next on the list.

No. 32 pick Montrezl Harrell is liable join this ranking soon, though the Rockets would be hard-capped if they gave him more than the minimum. A few other names may well appear, with salaries for Sasha Kaun of the Cavs and apparent soon-to-be Lakers signee Marcelo Huertas still unreported. For now, 16 rookies who aren’t on rookie scale contracts will make more than the minimum, including Maurice Ndour, who curiously signed for just $1MM more than the $525,093 rookie minimum from the Mavs. The full list is as follows:

  1. Nemanja Bjelica, Timberwolves — $3,950,001
  2. Tibor Pleiss, Jazz — $2.9MM
  3. Nikola Jokic, Nuggets — $1.3MM
  4. Boban Marjanovic, Spurs — $1.2MM
  5. Jordan Mickey, Celtics — $1,170,960
  6. Richaun Holmes, Sixers — $1,074,169
  7. Rakeem Christmas, Pacers — $1,007,026
  8. Joseph Young, Pacers — $1,007,026
  9. Edy Tavares, Hawks — $1MM
  10. Raul Neto, Jazz — $900K
  11. Pierre Jackson, Sixers — $750K
  12. Norman Powell, Raptors — $650K
  13. Pat Connaughton, Trail Blazers — $625,093
  14. Anthony Brown, Lakers — $600K
  15. Darrun Hilliard, Pistons — $600K
  16. Maurice Ndour, Mavericks — $525,094

The Basketball Insiders salary pages were used in the creation of this post.