Eastern Rumors: Parker, Bulls, Bucks, Faried
Amidst speculation that the Bulls are clearing cap room for a major move, multiple reports continue to link Chicago native Jabari Parker to the club.
One NBA executive who spoke to Gery Woelfel of The Racine Journal Times claimed that the Bulls are “most definitely” interested in Parker, while Vincent Goodwill of NBC Sports Chicago says he thinks “there’s some smoke” to rumors connecting the team to the Bucks‘ restricted free agent. Sources say Parker would like to be a Bull, Goodwill adds (Twitter link).
While it’s possible that the Bulls are gearing up to make a play for Parker, I’m not sure he’s an ideal match for their roster, given that he fits best at the power forward spot. Chicago has already made one big long-term commitment this month by matching Zach LaVine‘s offer sheet with Sacramento. For a team said to be prioritizing cap flexibility going forward, a lucrative offer sheet for Parker would be a surprise, which makes me wonder if the supposed mutual interest is stronger on Parker’s side than on the Bulls’ side.
As we wait to see how Parker’s market plays out, here are a few more notes and rumors from around the Eastern Conference:
- Within his latest article, Woelfel writes that the Bucks have been exploring possible trades for Matthew Dellavedova and John Henson, but haven’t had any success.
- The Nets and Kenneth Faried‘s representatives were set to talk this morning to see what the team’s plan is for Faried, per TNT’s David Aldridge (Twitter link). There have been no indications yet that Brooklyn plans to buy out Faried — if the team offers him a larger role than the one he had in Denver, he may be happy to stick with the Nets for 2018/19.
- In a mailbag focusing on the Magic‘s point guard situation, Josh Robbins of The Orlando Sentinel reiterates that the team’s interest in Isaiah Thomas was overstated, writing that the front office talked to Thomas’ camp, but never pursued a contract agreement.
- In order to succeed with the Wizards, newly-signed center Dwight Howard will have to be willing to make some sacrifices for the team, John Wall told Chase Hughes of NBC Sports Washington. “He has to buy into that and not try to say it’s all about him or try to do this for himself,” Wall said. “Just do it for the whole team and group and I think we will be fine.”
Cavaliers Notes: White, Doncic, Parker, Love
Okaro White has a chance to win a roster spot with the Cavaliers, but first he has to overcome the effects of a broken left foot he suffered in November, writes Joe Vardon of Cleveland.com. White’s foot has fully healed, but he is still struggling with the psychological aspects of the injury and admits he’s “babying” it.
“I just gotta get through,” said White, who is part of the Cavaliers’ entry in the Las Vegas Summer League. “I’m old enough, I’m not young anymore, so I gotta get over it [mentally] and try to find a way to showcase my ability.”
White started four games for the Heat before the injury, but it wound up ending his season. He was shipped to the Hawks at the trade deadline, then signed with the Cavs in March, but never took the court for either team. The 25-year-old forward has a non-guaranteed $1,544,951 contract for 2018/19.
There’s more news out of Cleveland:
- The Cavaliers passed on an opportunity to trade up on draft night and snag Luka Doncic, Vardon reports in a separate story. A source tells Vardon that Cleveland had an offer from Atlanta that included the No. 3 pick and Kent Bazemore, who will make more than $18MM next season with a $19.27MM option for 2019/20. However, the Cavs wanted Collin Sexton and were confident they could get him at No. 8.
- With LeBron James gone, the Cavaliers should take a gamble on Jabari Parker, according to Greg Swartz of Bleacher Report. The second player taken in the 2014 draft, Parker could become a dynamic scorer and rebounder if he can fully bounce back from his second ACL surgery. Swartz suggests Cleveland should use its $8.6MM mid-level exception to offer Parker a two-year contract. That would give him $13.3MM more in guaranteed money than if he accepts his $4.3MM qualifying offer with the Bucks, and it would put him back on the open market in 2020 when he’ll only be 25. Swartz recommends a few other moves for the Cavs, including re-signing Rodney Hood, working out an extension with Larry Nance Jr., trying to trade veterans such as J.R. Smith and Tristan Thompson and taking on unwanted contracts to stockpile draft picks.
- Chris Fedor of Cleveland.com suggests several trades involving Kevin Love, listing the Trail Blazers, Heat, Lakers, Suns and Jazz as possible destinations.
Bucks Sign First-Rounder Donte DiVincenzo
The Bucks have signed first-round pick Donte DiVincenzo to his rookie scale contract, according to a press release issued by the team.
DiVincenzo, 21, was named the Big East Conference’s Sixth Man of the Year last season before leading Villanova to a national championship, earning 2018 Final Four Most Outstanding Player honors along the way. DiVincenzo scored a decisive 31 points on 10-for-15 shooting in the national championship game and averaged 23.0 points, 6.5 rebounds and 3.0 assists per game in his two Final Four games.
The Bucks selected DiVincenzo with the 17th overall pick in the 2018 NBA Draft. He figures to receive a first-year salary of approximately $2.48MM, the amount that represents the maximum allowable 120% of the rookie scale amount for the No. 17 pick in 2018/19.
Like all other first-rounders who sign rookie scale contracts, DiVincenzo will receive two guaranteed years, with team options in years three and four.
Bucks Notes: Ilyasova, Parker, Lopez, Zeller
The Bucks are thrilled to have Ersan Ilyasova back on the squad after three seasons without the former second-round pick.
“Ersan is a high IQ player, he can shoot the ball so he gives Giannis and the rest of the team space,” GM Jon Horst said (via the Behind the Buck Pass’ Twitter feed). “He’s competitive, he’s tough, and he knows our system, he knows our community, he knows our players. He was a guy we focused on in free agency, and we’ll be excited to add him.”
Milwaukee agreed to terms on a three-year, $21MM deal as free agency began last weekend. Here’s more from Milwaukee:
- Horst discussed the Jabari Parker‘s pending restricted free agency during an appearance on NBATV (h/t Adam McGee of Behind the Buck Pass). “We’ve had great conversations [with Parker and his agent], we’re in contact every day. I think the market will dictate some of it, but we’ll continue to work on it and we’ll see how it turns out,” Horst said.
- Kevin Pelton of ESPN.com examines why Brook Lopez didn’t fetch a more lucrative deal than the one-year, $3.4MM contract he agreed to with the Bucks. While Lopez will provide Milwaukee with a proven scorer in the paint, his lack of foot speed will make it difficult for him to have a defensive impact. Pelton notes that the big man’s ability to shoot from behind the arc will help the team space the floor on offense.
- The arrival of Lopez likely means Tyler Zeller‘s time in Milwaukee will come to an end, Pelton speculates in the same piece. Zeller’s $1.9MM salary is non-guaranteed and the Bucks will have to be careful in the margins if they plan on making an offer to Parker without going into the luxury tax. If the Bucks waive both Zeller and Brandon Jennings, whose $2.2MM salary does not become guaranteed until August 1, they’d have approximately $11.5MM of financial wiggle room below the luxury tax line.
Bucks Still Have Wiggle Room Before Hard Cap
- The addition of center Brook Lopez gives the Bucks 13 guaranteed contracts for next season but they’re still $15MM away from being hard-capped, according to ESPN’s Bobby Marks. Lopez reportedly agreed to a one-year deal on Sunday. Milwaukee still has to deal with restricted free agent Jabari Parker‘s status, as he remains unsigned, but they could gain more flexibility since the contracts for Tyler Zeller and Brandon Jennings are not guaranteed, Marks adds.
Latest On Jabari Parker
- The market for Bucks RFA Jabari Parker hasn’t materialized like he hoped, tweets Jordan Schultz of Yahoo Sports, noting that there may be some league-wide concern about Parker’s attitude and health.
Kings To Focus On Trade Market With Cap Room?
The Kings are one of three NBA teams with significant cap room still available and have been linked to big-name restricted free agents like Jabari Parker and Zach LaVine within the last week or two. However, rather than making a bid for an RFA, Sacramento may take another route with its cap space.
According to Jason Jones of The Sacramento Bee, the Kings intend to focus on the trade market, hoping to use their cap room to absorb an unwanted contract or two and collect extra draft assets. The ideal scenario for the team, Jones suggests, would be to acquire a veteran small forward in a trade and pick up a 2019 first-rounder, since Sacramento’s own 2019 pick is headed to the Celtics or Sixers.
While Jones confirms that Sacramento has expressed interest in Parker and LaVine, the prospect of reshaping the roster around either player, plus the uncertainty surrounding an offer sheet – which could be matched by the Bucks and Bulls, respectively – may ultimately discourage the club from pursuing either RFA. The Kings also view Parker as a power forward and aren’t looking to add more players at that spot, Jones notes.
The Kings have been on the lookout for a small forward in free agency, offering slightly more money to Mario Hezonja than the $6.5MM he’ll reportedly receive from the Knicks. However, if the team can add a small forward in a trade that also includes another asset or two, it may be a win in both the short- and long-term for the franchise.
While Jones doesn’t identify any specific trade partners the Kings may talk to, Bobby Marks’ list of clubs with the highest projected 2018/19 team salaries gives us a pretty good idea of which teams might be looking to cut costs.
The Thunder are one possible trade partner, though Alex Abrines and Kyle Singler may not appeal much to the Kings, and Carmelo Anthony is unlikely to approve a trade to Sacramento. The Raptors could be an intriguing fit if they’re looking to get out of the tax, or at least to reduce their projected tax bill — Norman Powell is believed to be available, and C.J. Miles could be too.
Pelicans, Bucks, Others To Be Hard-Capped
The NBA salary cap is somewhat malleable, with various exceptions allowing every team to surpass the $101.869MM threshold when that room is used up. In some cases, teams blow past not only the cap limit, but the luxury-tax limit as well, with clubs like the Thunder, Warriors, and Nuggets projected to go well beyond that tax line this year.
The NBA doesn’t have a “hard cap” by default, which allows those clubs to build significant payrolls without violating CBA rules. However, there are certain scenarios in which teams can be hard-capped. When a club uses the bi-annual exception, acquires a player via sign-and-trade, or uses more than the taxpayer portion of the mid-level exception, that club will face a hard cap for the remainder of the league year.
When a club becomes hard-capped, its team salary cannot exceed the tax “apron” at any point during the rest of the league year. For the 2018/19 league year, the apron is $129.817MM, approximately $6MM above the $123.733MM tax line.
Based on the agreements reported so far in free agency, it appears that five teams are set to hard-cap themselves for the 2018/19 league year. Here are the details on those teams:
New Orleans Pelicans
When the Pelicans agreed to sign Elfrid Payton to a one-year, $2.7MM deal, we assumed they’d use a portion of their mid-level exception rather than their bi-annual exception, to avoid creating a hard cap. However, the team then reached a two-year agreement worth a reported $18MM with Julius Randle.
It now appears that the Pelicans will sign Randle using their full ($8.641MM) mid-level exception. With Rajon Rondo headed to the Lakers, it’s possible the two teams will arrange some sort of sign-and-trade agreement to allow New Orleans to preserve its MLE, but there’s been no indication so far that that’s in the works. And either way, the Pelicans would become hard-capped.
The projected salaries for Randle and Payton bring the Pelicans’ total team salary to about $112MM. With Rondo and DeMarcus Cousins headed elsewhere, New Orleans likely doesn’t have any other big-money investments coming, so the hard cap shouldn’t be a major issue.
Milwaukee Bucks
The Bucks agreed to a deal with Ersan Ilyasova worth a reported $21MM over three years. The taxpayer mid-level exception would only allow for about $16.8MM over three seasons, so Milwaukee figures to exceed that amount and create a hard cap.
Taking into account Ilyasova’s projected salary, the Bucks are up to almost $108MM in guaranteed team salary. Keeping Brandon Jennings and Tyler Zeller, who have non-guaranteed deals, would increase that number to nearly $112MM. That would leave less than $18MM in breathing room under the hard cap as Milwaukee considers what to do with restricted free agent Jabari Parker.
Minnesota Timberwolves
When word of the Timberwolves‘ agreement with Anthony Tolliver initially surfaced, the one-year deal was said to be worth about $5-6MM. That amount lined up with the taxpayer mid-level exception ($5.337MM), so it made sense that Tolliver would receive that taxpayer MLE. However, subsequent reports said the forward will actually earn $5.75MM, meaning Minnesota will be using the full MLE and will become hard-capped.
Tolliver’s signing isn’t yet official, so it’s possible that final number will look a little different, but if the Wolves’ flexibility this season ends up limited by paying Tolliver an extra $400K, that move will be questioned. For now, Minnesota projects to have a team salary of about $118MM for 11 players, assuming they stretch Cole Aldrich‘s partial guarantee. That should give the Wolves enough room to fill out their roster and stay well below the apron, perhaps even avoiding the tax too.
San Antonio Spurs
Like the Timberwolves, the Spurs appear to have imposed a hard cap on themselves by barely exceeding the taxpayer mid-level exception. A two-year deal using the tax MLE would end up just shy of $11MM, but San Antonio’s reported agreement with Marco Belinelli is for $12MM, suggesting the team will be using its full MLE.
Taking into account new deals for Belinelli and Rudy Gay, the Spurs appear to have a team salary of approximately $108MM. That puts them more than $20MM below the tax apron, so as long as they don’t have to break the bank for restricted free agents Kyle Anderson, Davis Bertans, and Bryn Forbes, they should be fine.
New York Knicks
In order to secure a commitment from Mario Hezonja, the Knicks had to go over the taxpayer mid-level, agreeing to sign the veteran forward for $6.5MM. New York will be using the full MLE, dedicating most or all of the remaining portion to second-rounder Mitchell Robinson.
The hard cap shouldn’t be a factor for the Knicks, who are currently at about $109MM in team salary, and don’t have any other major expenditures planned.
Salary information from Basketball Insiders was used in the creation of this post.
Latest On Jabari Parker, Bucks
When they agreed to sign Ersan Ilyasova to a three-year, $21MM contract early in free agency, the Bucks committed to hard-capping themselves for the 2018/19 league year. Teams that acquire a player via sign-and-trade or use more than $5.337MM of the mid-level exception will have a hard cap of $129.817MM this year, and Milwaukee will have to take one of those paths to add Ilyasova.
In hard-capping themselves, the Bucks essentially drew a line in their negotiations with Jabari Parker, ESPN’s Bobby Marks notes during an appearance on Adrian Wojnarowski’s Woj Pod. As Marks explains, with that hard cap in place, the Bucks likely won’t be able to offer Parker more than about $15-17MM, which essentially caps the negotiations between the two sides at that point.
Marks observes that the situation is similar to what the Pistons did last year with Kentavious Caldwell-Pope. Detroit also had a hard cap after using most of its MLE, and could only go up to a certain point for Caldwell-Pope, who reportedly turned down an offer worth a total of $80MM-ish and ended up settling for a one-year, $18MM deal with the Lakers. If Parker can’t find a lucrative offer sheet with another team, he’ll have to be wary of ending up in a similar spot, so it will be interesting to see whether he can work out a multiyear deal with the Bucks or if he’ll consider signing his one-year qualifying offer.
Thomas Robinson Drawing Interest From Bucks, Others
- Former fifth overall pick Thomas Robinson didn’t play in the NBA last season, but he’s receiving some interest from teams this offseason, per Alex Kennedy of HoopsHype. Kennedy tweets that the Bucks, Clippers, Wizards, and Suns have all expressed some level of interest in the veteran power forward.