- The Pacers haven’t started extension talks with their new point guard, Jeff Teague, but that seems to be the organization’s plan, tweets Nate Taylor of The Indianapolis Star. Teague, who is entering the final season of his contract, came to Indiana from the Hawks in a three-team deal before the draft. “Obviously we brought him here for the long term,” said Pacers president of basketball operations Larry Bird.
- Al Jefferson didn’t need to review a lot of offers before deciding to come to Indiana, according to Mark Montieth of NBA.com. “I didn’t talk to nobody [else],” said Jefferson, who officially signed with the team today. “It was just Pacers. At this point in my career I’ve put myself in a position where I can go where I want to go as far as what’s best for me, and for winning. For me, no other team out there [was a better fit].” Jefferson’s new contract is for $30MM over three years, but only $4MM is guaranteed in the final season, tweets salary cap expert Larry Coon.
- There have been reports stating that unrestricted free agent Lance Stephenson may be close to reuniting with the Pacers, but team president Larry Bird says those rumors are unfounded, Nate Taylor of The Indianapolis Star relays (Twitter link). “I think Lance and his agent are doing the talking… Right now probably a very slim chance,” Bird said.
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JULY 9th, 10:08am: The signing is official, the Pacers announced.
JULY 1st, 12:10pm: The Pacers and Jefferson are in agreement, according to Stein, who says the three-year deal won’t feature any options (Twitter links)
11:33am: The Pacers and unrestricted free agent Al Jefferson are nearing an agreement on a contract, Adrian Wojnarowski of The Vertical reports (Twitter link). The proposed deal would be for three years and $30MM, Marc Stein of ESPN.com tweets.
If Indiana does add Jefferson it will be the latest high-profile move the team has made this offseason, previously acquiring point guard Jeff Teague from the Hawks and combo forward Thaddeus Young from the Nets. It would appear that team executive Larry Bird is determined to remake his roster for new head coach Nate McMillan. Jefferson will add some needed toughness in the paint as well as solid veteran leadership to Indiana’s locker room.
Jefferson, 31, made just 47 appearances this season as he struggled with injuries. He averaged 12.0 points, 6.4 rebounds and 1.5 assists in 23.3 minutes of action per outing. He shot .485/.000/.649 from the field on the year.
The Timberwolves offered veteran small forward Luol Deng a three-year contract at $12MM per season, according to Darren Wolfson of KSTP Radio (Twitter link). Head coach and president of basketball operations Tim Thobideau refused to fully guarantee the third year, Wolfson adds. In the end, the Timberwolves didn’t come close to signing Deng, as the former Heat starter agreed to a four-year, $72MM contract with the Lakers.
In other news regarding free agency:
- The Wizards have interest in re-signing shooting guard Alan Anderson and will meet with him this weekend, league sources told J. Michael of CSNmidlatlantic.com (Twitter links). The meeting is expected to take place in Las Vegas, Michael adds. Anderson, who made $4MM last season, appeared in just 13 games with the Wizards after undergoing a second surgery on his left ankle. The previous season, he played in 74 games with the Nets and averaged 7.4 points in 23.6 minutes.
- Shooting guard Brandon Paul is drawing major interest around the league after some strong performances for the Hornets’ summer-league team, Sportando tweets. He’s averaging 15.3 points and 7.3 rebounds through four games in the Orlando Summer League. The 6’4” Paul went undrafted in 2013 out of the University of Illinois and has been playing for a Spanish league team, FIATC Joventut.
- Forward Anthony Randolph will remain in Europe and sign a one-year deal with Spain’s Real Madrid, a source told Marc J. Spears of ESPN.com (Twitter links). Randolph received interest from the Mavericks this summer, Spears adds. The contract will be the $1.5MM-$2MM range, international journalist David Pick tweets. The 6’11” Randolph hasn’t played in the NBA since the 2013/14 season, when he appeared in 43 games with the Nuggets.
- Power forward Willie Reed has drawn interest from the Warriors, Spurs, Heat, Thunder, Timberwolves and Pacers, Alex Kennedy of Basketball Insiders tweets. Reed, an unrestricted free agent, averaged 4.7 points and 3.1 rebounds in 10.9 minutes over 39 games with the Nets last season.
- Free agent center Robert Sacre, who played the last four seasons with the Lakers, has drawn interest from the Timberwolves and Rockets, Wolfson reports in a separate tweet.
THURSDAY, 1:05pm: The Pacers have officially confirmed the trade, announcing in a press release that they’ll receive Evans, cash considerations, and the rights to Emir Preldzic from the Mavericks in exchange for the rights to Stanko Barac.
WEDNESDAY, 11:57am: The Mavericks and Pacers are finalizing an agreement on a trade that will send Jeremy Evans and cash to Indiana, according to Adrian Wojnarowski of The Vertical (Twitter links). ESPN’s Marc Stein first reported on Tuesday that Dallas was “increasingly likely” to move Evans and his $1,227,286 salary to free up a little extra cap room.
Evans, 28, appeared in 30 contests for Dallas this past season, including two starts. The veteran forward only played 8.4 minutes per contest, averaging 2.4 points, 1.8 rebounds, and 0.3 blocks to accompany a shooting line of .542/.250/.714. He had season-ending surgery on a torn labrum in March.
The Pacers almost certainly aren’t counting on Evans to have a major role in their rotation, but he could help provide some depth at small forward, with Solomon Hill headed to New Orleans in free agency. With Hill, Ian Mahinmi, and potentially Jordan Hill all potentially ticketed for new homes, Indiana has done a nice job replenishing its frontcourt this offseason, adding Al Jefferson and Thaddeus Young, along with Evans.
[RELATED: Indiana Pacers’ depth chart at RosterResource.com]
As for the Mavericks, the contracts and trades they’ve agreed to this July had them just slightly over their available cap room, based on the reported salary figures. So it makes sense that the team would look to move Evans to create a little extra flexibility to fit all those deals. Dallas also may trade or waive JaVale McGee before his 2016/17 salary becomes guaranteed next week.
Photo courtesy of USA Today Sports Images.
JULY 7: The Pacers, Jazz, and Hawks have all issued announcements formally confirming that the three-way swap is official. Teague goes to Indiana, Hill heads to Utah, and Atlanta gets the rights to Taurean Prince, the 12th overall pick in last month’s draft.
JUNE 22: The Pacers, Jazz, and Hawks have agreed to a three-way trade, according to Adrian Wojnarowski of The Vertical, who reports that Indiana will acquire Atlanta point guard Jeff Teague and send George Hill to Utah in the deal. The Hawks, meanwhile, will get the No. 12 overall pick in tomorrow’s draft from Utah, says Wojnarowski.
Teague, 28, has been the subject of trade rumors this year despite having an All-Star appearance on his résumé. With just one year left on his contract, Teague has become somewhat expendable in Atlanta due to the continued development of fellow point guard Dennis Schröder, who has made no secret about his desire to be the starter going forward
Teague, who said earlier this month that he played the 2015/16 season with a torn patellar tendon in his knee, still appeared in 79 games, averaging 15.7 points and 5.9 assists, and shooting 43.9% from the field and 40% from three-point range. According to Wojnarowski, the Pacers intend to try to extend Teague’s contract beyond the 2016/17 season. The veteran point guard will be eligible to restructure his deal beginning on July 13th.
In Hill, meanwhile, the Jazz are acquiring a solid defender who can also contribute on the offensive end, particularly from beyond the arc. In 74 regular-season games, Hill averaged 12.1 points, 3.5 assists, and 4.0 rebounds per game, to go along with a 40.8% mark from three-point range. The 30-year-old was also solid in Indiana’s first-round playoff loss to Toronto, increasing his three-point percentage to 48.1% for those seven games. He’ll team with Dante Exum at the point in Utah, and his arrival may push Trey Burke to the trade block.
Chris Vivlamore of The Atlanta Journal-Constitution suggests (via Twitter) that the trade won’t become official until July, which makes sense if no other pieces are involved. That would allow the Jazz to use their cap space in July to absorb Hill’s $8MM salary without moving any other players. From the Pacers’ perspective, Teague’s salary – which will increase to $8.8MM due to his 10% trade kicker – is only a marginal increase on Hill’s.
As for the Hawks, they’d clear Teague’s salary while taking on a cap hold of just under $2MM for the No. 12 overall pick. The move would reduce the guaranteed salaries on Atlanta’s books for 2016/17 to about $44MM, not including the cap holds for their two first-rounders or pending free agents, giving the team plenty of room to re-sign Al Horford and potentially pursue another free agent or two as well.
Photo courtesy of USA Today Sports Images.
Isaiah J. Downing/USA TODAY Sports Images
JULY 7: The swap sending Young to the Pacers in exchange for the rights to No. 20 overall pick Caris LeVert and a future second-round pick is now official, according to a Nets press release.
JUNE 23: The Pacers have agreed to acquire Thaddeus Young from the Nets in exchange for the No. 20 overall pick in tonight’s NBA draft and a future protected second-rounder, Adrian Wojnarowski of The Vertical reports (on Twitter). The scribe had reported earlier that several Western Conference teams had been aggressively pursuing Young, who Brooklyn was looking to deal to the highest bidder in an effort to land a first round pick, which it nabbed from Indiana in the swap.
This is the second big move by Indiana in the past two days, with the team landing point guard Jeff Teague from Atlanta in a three-team trade on Wednesday. It certainly appears that team executive Larry Bird is serious about retooling his squad for new coach Nate McMillan.
For Brooklyn, flipping Young for a first-rounder clearly signals that the franchise is shifting into full-rebuild mode. Given the Nets’ lack of talent, it is a bit puzzling why they would give up on Young, who is under contract for three more seasons at a fairly reasonable rate. Young, 28, is slated to earn $12,078,652 next season, $12,921,348 in 2017/18 and $13,764,045 the final year.
In 73 appearances for Brooklyn this past season, Young averaged 15.1 points, 9.0 rebounds and 1.9 assists in 33.0 minutes per outing. His shooting line was .514/.233/.644.
Jazz center Rudy Gobert believes “something good is going to happen” in Utah after the trade for Boris Diaw, relays Jabari Young of The San Antonio Express-News. The Spurs were looking to deal the versatile veteran to create cap room to sign Pau Gasol, and Utah jumped at the opportunity. “He understands the game very well,” Gobert said of his fellow Frenchman. “He’s like a point guard in a big man’s body. It’s like having another coach on the floor. It’s great. I’m very excited.” Diaw, 34, will make $6.5MM next season and a non-guaranteed $7MM for 2017/18.
There’s more from the Northwest Division:
- Several other teams were interested in Warriors swingman Brandon Rush, who agreed to sign with the Timberwolves today, tweets Darren Wolfson of 5 Eyewitness News. The Hornets, Knicks and Wizards all wanted to add the 31-year-old free agent, and the Warriors tried to keep him in Golden State.
- The Wolves have “kicked the tires” on Pacers big man Jordan Hill, tweets John Krawczynski of The Associated Press. They haven’t reached the serious negotiation phase yet, but that could change now that Rush has been signed.
- Nuggets point guard Emmanuel Mudiay plans to join the effort to get Dwyane Wade to come to Denver, tweets Christopher Dempsey of The Denver Post. The Nuggets held a meeting with Wade earlier today.
Unlike a year ago, the Mavericks don’t anticipate any snags before the moratorium is lifted on Thursday, writes Eddie Sefko of the Dallas Morning News. Last summer, Dallas looked like a huge winner in free agency before DeAndre Jordan changed his mind and re-signed with the Clippers. This year should feature a lot less drama, as Dallas is expected to finalize a trade sending Jeremy Evans to Indiana before moving on to its committed free agents. The Mavericks will complete deals with Harrison Barnes and Andrew Bogut and re-sign Deron Williams and Dwight Powell. The team may decide to shed some more salary, with Sefko mentioning backup center JaVale McGee as a possibility.
There’s more from the Southwest Division:
- Former Maverick Rodrigue Beaubois will be given a chance to make the roster next season, posts Tim McMahon on ESPN Now. The 28-year-old point guard spent four years in Dallas at the start of the decade, but hasn’t played in the NBA since 2013. He spent this season with Strasbourg in France.
- Tim Duncan hasn’t made an official announcement about his future, but Jeff McDonald of the San Antonio Express-News notes that his career could end with him being waived by the Spurs. Waiving Duncan and stretching his $6.4MM salary over the next three seasons would not only help San Antonio’s cap situation, it would make sure Duncan gets all the money owed to him. All signs point toward Duncan retiring, but McDonald says if he comes back the Spurs will be able to fit him and new free agent signee Pau Gasol under their cap.
- Today’s deal with Nene makes the Rockets‘ battle for roster spots more interesting, tweets Jonathan Feigen of The Houston Chronicle. Houston now has 13 players under contract for 2016/17, and must decide by August 1st whether to pick up a $1,015,696 option on reserve point guard Andrew Goudelock. The 27-year-old appeared in just eight games after signing with the Rockets in March when he completed his season in China. Combo forward Michael Beasley is in the same position, but a source told Feigen that Houston intends to keep him. The 13 roster spots don’t include restricted free agent Donatas Motiejunas or second-round draft pick Chinanu Onuaku (Twitter link).
- There is “growing skepticism” that Alessandro Gentile will join the Rockets next season, tweets international journalist David Pick. It was reported last month that the Italian wing player, whose rights belong to Houston, was interested in playing for new coach Mike D’Antoni.
Having tried to move Spencer Hawes‘ contract in a trade prior to the draft, the Hornets continue to explore a possible deal involving Hawes, reports Adrian Wojnarowski of The Vertical (Twitter links). According to Wojnarowski, Charlotte would like to create the cap room to add a center in free agency. Roy Hibbert and Zaza Pachulia are at the top of the Hornets’ wish list, with Festus Ezeli and Jordan Hill among the other players the team is eyeing, says Wojnarowski.
Here are several more free agent rumors and updates from around the NBA:
- The Trail Blazers kicked the tires on Ezeli and Nene, but won’t pursue those players, instead focusing their attention on Pachulia, reports Jason Quick of CSNNW.com (Twitter links). According to Quick, the Blazers were concerned they’d have to renounce one or two of their restricted free agents to go after Ezeli, and they aren’t willing to do that for Allen Crabbe, Meyers Leonard, or Maurice Harkless at this point.
- Quick also has an update on veteran free agent Gerald Henderson, tweeting that the Trail Blazers are one of “seven to eight teams” to show interest in Henderson so far.
- A reunion between Lance Stephenson and the Pacers isn’t out of the question, according to Nate Taylor of The Indianapolis Star, who reports that Stephenson has discussed the possibility of agreeing to a multiyear contract with Indiana. The veteran free agent is considering a few teams, but a source tells Taylor that Stephenson “absolutely loves the town and the [Pacers] organization.”
- Before Cole Aldrich agreed to sign with the Timberwolves, he was receiving interest from the Magic and the Suns, according to Darren Wolfson of 5 Eyewitness News (via Twitter). Orlando struck a deal with Bismack Biyombo, but Phoenix could still be in the market for a free agent big man.
- Portland reportedly offered Pau Gasol a higher salary than he ultimately accepted from the Spurs, and it sounds like the Timberwolves did too. Jon Krawczynski of The Associated Press reports (via Twitter) that Minnesota’s first offer was $36MM for two years, and the team may have increased that offer within the last day or so.