Grizzlies, Suns Swap Kyle Korver, Josh Jackson In Multi-Player Trade
JULY 7: The trade is official, the Suns announced in a press release.
JULY 3: The Grizzlies and Suns have agreed to a trade that will send newly-acquired Memphis sharpshooter Kyle Korver to Phoenix along with Jevon Carter, reports ESPN’s Adrian Wojnarowski (via Twitter). According to Wojnarowski, the Grizzlies will receive Josh Jackson, De’Anthony Melton, a 2020 second-round pick, and a conditional 2021 second-round pick in the deal.
That 2021 Suns second-rounder will only change hands if it falls between 31-35, tweets Chris Herrington of The Daily Memphian. Brooklyn will receive it if it lands between 36-60.
Because Korver is part of the Mike Conley trade with Utah that hasn’t yet been completed, this deal can’t be made official until after the one is finalized. Once both deals are done, the Grizzlies will pick up a former No. 4 overall pick (Jackson), as well as a second-rounder from last year’s draft (Melton), along with at least one future second-round pick.
In two NBA seasons, Jackson has been inconsistent for the Suns, averaging 12.3 PPG and 4.5 RPG but shooting just .415/.294/.650 in 156 total contests (25.3 MPG). He has also faced questions about his maturity and off-court behavior.
However, he’s still just 22 years old, so the Grizzlies will get the opportunity to see if they can continue to develop him and help him reach his ceiling. They’ll also have to decide by the end of October whether to pick up $8.9MM option for 2020/21 — at this point, I’d be surprised if they do.
Melton, the 46th overall pick in 2018’s draft, is another intriguing roll of the dice for Memphis, one the team has long had its eye on, per Wojnarowski (Twitter link). The former USC Trojan is considered a strong defender, and started 31 games for the Suns in his rookie season, averaging 5.0 PPG, 3.2 APG, 2.7 RPG, and 1.4 SPG in 50 total contests.
As for the Suns’ side, the move looks like it’s primarily designed to clear the cap room necessary to complete their other reported moves this week, including Ricky Rubio‘s three-year, $51MM deal. They’ll also be able to retain Kelly Oubre‘s cap hold, and will presumably see if Carter can earn some minutes in their backcourt rotation.
According to Wojnarowski (via Twitter), Korver is expected to be bought out by Phoenix before his $7.5MM salary for 2019/20 becomes fully guaranteed. Korver’s deal is only partially guaranteed for $3.44MM as long as he doesn’t remain under contract through July 7.
If and when Korver clears waivers, the Lakers, Bucks, and Sixers will be the frontrunners to sign him, says Wojnarowski.
As cap expert Albert Nahmad observes (via Twitter), the Grizzlies will be able to use trade exceptions to absorb Jackson’s and Melton’s contracts, generating two new trade exceptions worth $3.44MM (Korver’s partial guarantee) and $1.42MM (Carter’s salary).
Photo courtesy of USA Today Sports Images.
Latest On Russell Westbrook
The Heat and Pistons are expected to be the top contenders to land Russell Westbrook if the Thunder decide to trade him, according to Sam Amick and Brett Dawson of The Athletic.
Oklahoma City GM Sam Presti will meet this week with Westbrook and his agent, Thad Foucher, to plot out the future for the former MVP. All three were blindsided by Paul George‘s trade request, which was the result of Kawhi Leonard‘s successful lobbying effort to join him on the Clippers.
The Thunder are motivated to move Westbrook, not only because he’s the lone star left in OKC and will make $171MM over the next four years, but also because he plays the same position as Shai Gilgeous-Alexander, the centerpiece of their return in the George deal.
Miami would like to pair Westbrook with Jimmy Butler and could offer a package built around Goran Dragic, who has one year left on his contract at $19.2MM, and Dion Waiters, who is owed a combined $24.7MM over the next two seasons. Detroit’s offer might include Andre Drummond ($27MM in 2019/20 with a $28.75MM player option the following season), Reggie Jackson (one year left at $18MM) and Tony Snell ($11.39MM next season followed by a $12.18MM player option).
Some executives believe the Rockets could get involved as well, given GM Daryl Morey’s penchant for star chasing. However, pairing Westbrook with James Harden and Chris Paul, two other guards who like to control the ball, may prove awkward, and matching salary wouldn’t be easy. Houston would almost certainly have to part with Clint Capela ($14.9MM next season), Eric Gordon ($14MM), and P.J. Tucker ($8.35MM) in any deal if Paul isn’t included.
Sources with knowledge of Houston’s thinking confirmed to Tim MacMahon of ESPN.com that the Rockets have interest in Westbrook. However, one team source described a potential deal as a “long shot,” says MacMahon.
There’s more today on the Westbrook front:
- The Knicks have been mentioned as a possible suitor for Westbrook, but will have to wait until December to make a move, notes Marc Berman of The New York Post. New York no longer has the cap room to absorb Westbrook’s $37.5MM salary for next season after reaching deals with six free agents, and those new players can’t be traded before December 15. If the opportunity is still there, Elfrid Payton, Reggie Bullock, Bobby Portis, Wayne Ellington and Taj Gibson will all have expiring contracts that could interest the Thunder as they try to reduce a league-high tax bill. The Knicks can also offer the 2021 and 2023 first-rounders they acquired from Dallas in the Kristaps Porzingis deal, Berman adds.
- Michael Shapiro of Sports Illustrated mentions the Timberwolves, Celtics and Magic as other possibilities. A swap with Minnesota would be easy if OKC would accept Andrew Wiggins in return, he states, while the Celtics could offer Gordon Hayward and Jaylen Brown or wait a year and trade newly acquired Kemba Walker. Orlando has been seeking a point guard for years and has a lot of wings and big men to offer.
- The Bulls, Mavericks, Nuggets, Bucks, Spurs and Raptors all have the assets to get involved as well, according to Zack Rosenblatt of NJ.com.
Pacers, Bucks Complete Malcolm Brogdon Sign-And-Trade
Malcolm Brogdon is now a Pacer after the sign-and-trade agreement with the Bucks became official today, both teams announced in press releases. Milwaukee receives a future first-round pick and two second-rounders in return.
The 2017 Rookie of the Year, Brogdon had three promising seasons with the Bucks, although injuries limited him to 48 and 64 games the past two years. He averaged a career-best 15.6 PPG this season before suffering a minor plantar fascia tear in his right foot in March. He was a member of the 50-40-90 club, shooting .505 from the field, .426 from 3-point range and .928 from the foul line.
“We feel like Malcolm embodies the values that we’re about here at the Pacers, and he’s the perfect fit for our team,” president of basketball operations Kevin Pritchard said. “Having started on the team with the best record in the NBA last year, we value the leadership he’ll bring to our team, as well as his great ability to play multiple positions.”
Brogdon’s new contract with the Pacers is reportedly worth $85MM over four years, while the first-round pick they sent to the Bucks is lottery-protected in 2020.
Eastern Notes: Pacers, Bucks, Sumner, Nets, De Colo
The first-round draft pick the Pacers will send the Bucks in their sign-and-trade deal for Malcolm Brogdon is lottery-protected in 2020, tweets ESPN’s Zach Lowe. And if it doesn’t convey in 2020, it’s lottery-protected for five more drafts after that before becoming unprotected in 2026, Lowe adds. In other words, barring a catastrophe in Indiana, Milwaukee will be getting a pick in the back half of the first round, likely next year.
Meanwhile, Edmond Sumner‘s new three-year deal with the Pacers will be worth $6.5MM, a league source tells Grant Afseth of The Kokomo Tribune (Twitter link). It’s not clear whether all three years will be fully guaranteed, but it sounds like Sumner will be getting more than the minimum.
Here’s more from around the Eastern Conference:
- A source tells Marc Stein of The New York Times that Spencer Dinwiddie was “at the forefront” of a months-long push to convince Kyrie Irving to choose the Nets over the Knicks — and to push Kevin Durant in the same direction. While DeAndre Jordan spent the last two months of the season with the Knicks, he also came to view Brooklyn as a more favorable destination to team up with Irving and Durant, according to Stein, who says the veteran center “joined the chorus promoting the Nets” in recent days.
- EuroLeague powerhouse Fenerbahce is in serious pursuit of Raptors RFA guard Nando De Colo, a source tells Emiliano Carchia of Sportando. According to Carchia, De Colo – who last wore an NBA uniform in 2014 – remains focused on getting back into the NBA. But if he doesn’t get an offer he likes within the next couple weeks, it’s possible he’ll sign with the Turkish club, says Carchia.
- Alex Kennedy of HoopsHype caught up with veteran center Nikola Vucevic to talk to him about his new $100MM contract agreement with the Magic. “I feel rewarded for what I’ve done – not just last season, but what I’ve done throughout all of my years in Orlando,” Vucevic said of his new deal. “It means a lot for the team to reward me with this nice contract. It was important for me to be able to continue [my career] there and I’m glad we were able to agree on a deal that keeps me in Orlando for four more years.”
Bucks To Keep Pat Connaughton, Sterling Brown Past Guarantee Date
The Bucks plan on keeping Pat Connaughton and Sterling Brown on the roster through July 1 when each players’ contracts will become guaranteed, Matt Velazquez of the Journal Sentinel reports (Twitter link).
Connaughton will make slightly over $1.72MM while Brown will receive just under $1.62MM next season. Neither player’s contract runs past this upcoming season.
Milwaukee could have waived either player today and given themselves some minor cap relief. However, the franchise had no need for the additional cap room after re-signing both Khris Middleton and Brook Lopez earlier today.
Connaughton and Brown project to be low-cost rotation players next season before they reach the open market in 2020. Connaughton will be an unrestricted free agent next summer, while Brown can be restricted.
Pacers Add Malcolm Brogdon, Jeremy Lamb
JULY 7: Both deals are now finalized, with the Pacers formally announcing the addition of Lamb today. The Brogdon sign-and-trade was confirmed on Saturday.
JUNE 30: The Pacers have reached a pair of deals to add two noteworthy free agents to their roster. According to Shams Charania of The Athletic (via Twitter), the team has struck an agreement to acquire Malcolm Brogdon and will sign Jeremy Lamb to a three-year, $31.5MM contract.
ESPN’s Adrian Wojnarowski reports (via Twitter) that the Pacers are signing Brogdon to a four-year, $85MM deal and will acquire him via sign-and-trade to ensure that the Bucks don’t match the offer. Milwaukee will receive a first-round pick and a pair of future second-rounders, per Woj. All four years of Brogdon’s deal are guaranteed, adds David Aldridge of The Athletic (via Twitter).
The additions of Brogdon and Lamb represent an interesting pivot for the Pacers, who had reportedly hoped to re-sign Bojan Bogdanovic, and appeared to be on track to add Ricky Rubio to replace departed point guards Darren Collison and Cory Joseph. Instead, Bogdanovic will head to the Jazz on a four-year deal, while Rubio agreed to sign a three-year contract with the Suns.
It’s probably not fair to characterize Brogdon and Lamb as fallback options though. Brogdon was viewed as one of this year’s top restricted free agents after recording 15.6 PPG, 4.5 RPG, and 3.2 APG with an impressive .505/.426/.928 shooting line in 2018/19. As for Lamb, he was Charlotte’s second-best scorer behind Kemba Walker, averaging 15.3 PPG and 5.5 RPG on .440/.348/.888 shooting for the Hornets.
The duo will join a backcourt that will feature a healthy Victor Oladipo at some point during the 2019/20 season (though likely not by opening night). The Pacers still project to have about $5MM in cap room after agreeing to their deals with Brogdon and Lamb, notes ESPN’s Bobby Marks.
Gery Woelfel of Woelfel’s Press Box first reported (via Twitter) that the Bucks were working on a sign-and-trade involving Brogdon. Milwaukee reached deals to bring back Khris Middleton and Brook Lopez and is reportedly working on trying to bring back George Hill as well. Additionally, sending Brogdon to Indiana will generate a traded player exception for the Bucks, which will be worth half of Brogdon’s first-year salary.
Photo courtesy of USA Today Sports Images.
Brook Lopez Re-Signs With Bucks
JULY 6: The Bucks have officially re-signed Lopez, the team announced today in a press release.
JUNE 30: Adrian Wojnarowski of ESPN is reporting that free agent big man Brook Lopez is planning to sign a four-year, $52MM deal to stay with the Bucks. As I wrote earlier today, Gery Woelfel of Woelfel’s Press Box first reported that Lopez was a good bet to return. There will be no options on the deal, tweets Jeff Zillgitt of USA Today.
Lopez, who signed with the Bucks last season for the bi-annual exception worth only $3.4MM, will get a substantial raise after becoming an essential part of the Bucks’ growth into a championship contender under new coach Mike Budenholzer.
Matt Velazquez of the Milwaukee Journal Sentinel reports that it’s still unclear how Lopez’s contract will be structured, with the two likeliest possibilities being a flat $13MM per season through 2022/23 or a lower starting salary with standard 5% raises (Milwaukee can’t offer 8% raises because they only have Lopez’s Non-Bird rights).
Additionally, because the Bucks only have Lopez’s Non-Bird rights, they will need to renounce the cap holds for both Lopez and Nikola Mirotic and then re-sign Lopez using cap space. In order to retain the most space, Milwaukee will likely opt for the latter structure for Lopez’s contract.
The Kings were said to have interest in Lopez (along with a lot of other centers it would seem), as were the Lakers (link), but the Bucks and he were always motivated to get a deal done early in free agency.
The 31-year-old center, who was an All-Star with the Nets earlier in his career, will look to continue his improved three-point shooting next season after converting a career-high 36.5% from long range during the 2018/19 campaign.
Photo courtesy of USA Today Sports Images.
Free Agent Rumors: Middleton, Butler, Kanter, Temple
According to Marc Stein of The New York Times, the quietness surrounding the free agency destination of Bucks’ All-Star forward Khris Middleton is because interested front offices are universally presuming that Middleton is going back to Milwaukee on a “monster” five-year deal.
Middleton, 27, is eligible to sign a five-year, $189.904MM maximum-salary contract with the Bucks, while rival suitors can only (relatively speaking, of course) offer up to $140.791MM over four years.
Echoing Stein’s sentiment from rival front offices, Gery Woelfel of Woelfel’s Press Box reports that Middleton is expected to re-sign with Milwaukee, adding that Brook Lopez and George Hill are also considered good bets to return.
- Per Marc J. Spears of ESPN, unrestricted free agent center Enes Kanter is expected to have a phone call with the Blazers and Celtics when free agency tips off tonight at 5:00pm CST.
- Spears is also reporting that UFA guard Garrett Temple is getting interest from the Nets, Nuggets, Jazz, and Rockets.
- During their meeting this evening, Jimmy Butler is expected to tell the Heat that he wishes to play in Miami, per Tim Reynolds of The Associated Press. It’s unclear whether Butler actually wants to play for the Heat of if he’s simply using this as a negotiating tactic to entice the 76ers to offer him a 5-year maximum-salary contract.
- Per Harrison D. Sanford of The Green Room with Danny Green, free agent guard Danny Green is expecting to hear from the Raptors, Lakers, Sixers, Bulls, Mavericks, Rockets, and Knicks.
Malcolm Brogdon Gets Qualifying Offer From Bucks
The Bucks took the decision down to the wire, but they have extended a qualifying offer to Malcolm Brogdon that makes him a restricted free agent, tweets Chris Haynes of Yahoo Sports. Brogdon’s offer is $3,021,354, according to Basketball Insiders, and that will also count as his cap hold.
The 2017 Rookie of the Year has been limited by injuries the past two seasons. He put up a 15.6/4.5/3.2 line in 64 games before suffering a minor plantar fascia tear in his right foot in March. Brogdon has earned a reputation as one of the NBA’s most efficient shooters, averaging 51% from the field, 43% from 3-point range and a league-best 93% from the foul line this year.
The Bucks may be reluctant to match a huge offer for Brogdon when they have other free agent concerns in Khris Middleton and Brook Lopez. The Suns, Bulls, Mavericks and Pacers have been mentioned among interested teams, but there are lingering concerns about the long-term condition of his foot.
There are a few more decisions on qualifying offers to catch up on:
- The Nuggets extended a QO to two-way player Brandon Goodwin, tweets Keith Smith of Yahoo Sports. The point guard got into 16 NBA games during his rookie season.
- The Hawks opted not to give a QO to Justin Anderson, making him an unrestricted free agent, according to Chris Vivlamore of the Journal Constitution (Twitter link). Anderson appeared in 48 games for Atlanta after being acquired in a trade with the Sixers last summer.
- Jerian Grant will also be an unrestricted free agent after the Magic passed on a QO, tweets TNT’s David Aldridge. Acquired from the Bulls during the offseason, Grant appeared in 60 games for Orlando.
- The Clippers didn’t extend a QO to G League Rookie of the Year Angel Delgado, tweets Michael Scotto of The Athletic.
- Rockets two-way players Trevon Duval and Vince Edwards didn’t receive qualifying offers, and neither did Warriors two-way player Marcus Derrickson, according to Keith Smith. However, Damion Lee – Golden State’s other two-way player – received a QO (Twitter links).
Free Agent Rumors: Randle, Gibson, Bullock, Bulls
The Kings will be among the teams in pursuit of Pelicans forward Julius Randle, tweets Jordan Schultz of ESPN. He cites the Nets, Knicks and Bulls as other expected suitors.
Randle, 24, had a career-best season after signing a one-year deal with New Orleans last summer. He averaged 21.4 points and 8.7 rebounds in 73 games while shooting 52% from the field. He also improved as a long-distance shooter, hitting 34% of his shots from 3-point range.
Here are more rumors as we move to within 24 hours of the start of free agency:
- The Timberwolves will have plenty of competition for Taj Gibson, according to Darren Wolfson of 5 Eyewitness News, who lists the Clippers, Nets, Bucks, Bulls, Warriors, Raptors, Trail Blazers, Hornets and Lakers as having interest in the veteran forward (Twitter link). Gibson has averaged 11.5 PPG and 6.9 RPG during his two years in Minnesota.
- There’s mutual interest between the Knicks and shooting specialist Reggie Bullock, according to Ian Begley of SNY.TV. Bullock averaged 11.3 points per game while splitting last season between the Pistons and Lakers.
- The Bulls are looking for a point guard, but want to limit the contract to two years, reports K.C. Johnson of The Chicago Tribune. That may take them out of the running for Malcolm Brogdon or Patrick Beverley, Johnson notes, but he cites other options such as Cory Joseph, Tyus Jones and George Hill who might be willing to accept a shorter contract. The Bulls are counting on first-round pick Coby White to take over the position within two years and want the free agent’s contract to expire in the summer of 2021 at the same time as Otto Porter‘s and Cristiano Felicio‘s.