Free Agent Rumors: LeBron, Capela, Pelicans, Hood
While several key free agents – including Paul George and Chris Paul – reached agreements in the early hours of free agency, LeBron James wasn’t among that group. Still, there’s a little news on James.
According to ESPN’s Dave McMenamin (via Twitter), Cavaliers general manager Koby Altman spoke to both James and agent Rich Paul on the phone when free agency began. Joe Vardon of Cleveland.com first reported (via Twitter) that the discussion was expected to happen.
The specifics of that conversation aren’t known, but the Cavaliers are still believed to be in the mix to sign the summer’s top free agent, though the Lakers are widely considered favorites.
Here are a few more free agent updates from around the NBA:
- The Rockets‘ front office will meet with Clint Capela and his representatives on Sunday in Los Angeles, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Capela figures to be Houston’s top priority in free agency now that the team has reached a deal with Chris Paul.
- Pelicans GM Dell Demps has asked some of his current players to reach out to free agent Tyreke Evans about the possibility of returning to New Orleans, tweets John Martin of 92.9 ESPN. Evans would be a mid-level exception candidate for the Pels.
- Rodney Hood received calls from approximately six teams early in free agency, sources tell Jordan Schultz of Yahoo Sports (Twitter link). Hood is a restricted free agent, so the Cavaliers can match any offer sheet he signs.
- The Timberwolves, Rockets, Knicks, and Spurs have all shown interest in Trevor Booker, according to Alex Kennedy of HoopsHype, who tweets that a return to the Pacers is also still in play for the veteran forward.
- Tyrone Wallace, who spent last season on a two-way contract with the Clippers, has generated interest from about a half-dozen teams, tweets ESPN’s Bobby Marks. Wallace received a qualifying offer from the Clips, who will be able to match any offer sheet he signs.
West FA Rumors: A. Johnson, Looney, Exum
At least three Western Conference teams are said to have already contacted veteran big man Amir Johnson mere hours into free agency. Per Darren Wolfson of 5 Eyewitness News the Timberwolves have been in touch, while Sean Deveney of The Sporting News adds that the Clippers and Lakers have too.
This time last season, Johnson inked a one-year, $11MM deal to serve as a reliable, veteran presence in the middle for the Sixers and it stands to reason that any of the teams kicking the tires on him this time around would be interested in a similar addition.
Johnson averaged 4.6 points and 4.5 rebounds per game for Philly in 2017/18 but served as a defensive force in the paint and a low maintenance spot starter in games that Joel Embiid sat out.
There are more free agency rumors from around the Western Conference:
- The Warriors have already made contact with Kevon Looney about bringing him back to the Bay Area, Mark Medina of The Mercury News writes, but the forward is said to be fielding interest from other teams as well. Golden State elected not to guarantee the fourth year of his rookie deal when they had the chance to do so last fall.
- The Jazz are making restricted free agent Dante Exum a priority, Tony Jones of The Salt Lake Tribune tweets, and already have a meeting set up to discuss a new deal.
- Pending restricted free agent Montrezl Harrell has changed representation, Liz Mullen of The Sports Business Journal tweets. Now the Clippers big man will be represented by Bobby Petriella of Rosenhaus Sports. He was previously represented by Klutch Sports Group.
Wolves Plan To Offer Jimmy Butler Contract Extension
The Timberwolves plan to offer guard Jimmy Butler a contract extension in the four-year, $110MM range as soon as they’re eligible to do so, Marc Stein of The New York Times tweets. That, however, doesn’t mean that he’ll necessarily sign it.
Due to limitations of the contract extension scale in place, Butler would only be eligible sign for as much as $24.5MM in 2019/20. That mark falls well short of the projected first year of a max contract for a player with Butler’s service should he choose to enter free agency in 2019.
Butler will be 29 years old this time next year, with eight years of NBA experience. While the actual figures will change when the 2019/20 salary figures are released, he would be eligible to sign for north of $30MM based on this year’s figures and is still young enough to make a serious case for a full five-year deal.
Butler posted 22.2 points, 5.3 rebounds and 4.9 assists per game in his first season with the Timberwolves and emerged as a driving force behind Minnesota’s return to the postseason for the first time in 2004.
Timberwolves Waive Cole Aldrich
The Timberwolves have waived backup center Cole Aldrich, reports Adrian Wojnarowski of ESPN.
Aldrich’s $6.96MM contract, already guaranteed for $2.06MM, was scheduled to become fully guaranteed if Aldrich remained on Minnesota’s roster past today. Accordingly, the Wolves saved $4.9MM by cutting ties with Aldrich.
As Bobby Marks of ESPN notes, Minnesota will have the option to stretch the amount still owed to Aldrich over three years, which would open up an additional $1.37MM in cap room this summer.
Darren Wolfson of 5 Eyewitness News predicts that the Wolves will stretch Aldrich’s contract in order to avoid potential tax penalties should the team choose to use the full value of its MLE.
Aldrich, 29, averaged a career-low 0.6 PPG in only 21 games this past season. Throughout his eight-season career, he has averaged 3.1 points in 10.0 minutes per contest.
Club Will Be Shopping For Bargains
- Salary-cap issues will force the Timberwolves to be frugal in free agency, the Associated Press reports. They’ll have to find some players on the market willing to team-friendly deals, perhaps for the veteran’s minimum, to fill out the bench, the report adds.
Timberwolves Working Out James Nunnally
- Coming off a big EuroLeague season, James Nunnally is re-testing the NBA market, according to international basketball reporter David Pick, who tweets that Nunnally worked out for the Trail Blazers and will also get a look from the Timberwolves.
Nemanja Bjelica Receives QO From Timberwolves
The Timberwolves have issued a qualifying offer to forward Nemanja Bjelica, reports Jon Krawczynski of The Athletic. The move ensures that Bjelica will become a RFA this Sunday, giving Minnesota the right to match any offer he receives.
The move doesn’t come as a big surprise, with the team saying earlier this week that they were interested in bringing the reliable, 30-year-old veteran back to Minneapolis next season.
Bjelica, who averaged a career-high 6.8 points and 4.1 rebounds per game in 67 contests (21 starts) during the 2017/18 season, has a qualifying offer worth about $4.9MM after making just under $4MM last season.
As with any other restricted free agent, Bjelica now has the option of accepting his one-year qualifying offer, negotiating a new agreement with the Wolves, or securing an offer sheet from another team. In a separate tweet, Krawczynski adds that Bjelica is expected to test the market, and that Minnesota is already bracing for an offer that would be too pricey to match.
Bjelica was one of three Timberwolves’ players eligible for restricted free agency this season. The team has already opted not to extend a QO to Marcus Georges-Hunt and has until Saturday to make a decision on Amile Jefferson.
Wolves Want To Re-Sign Nemanja Bjelica
- Within a lengthy discussion with Britt Robson on the Timberwolves‘ offseason plans, Jon Krawczynski of The Athletic writes that Minnesota would love to bring back Nemanja Bjelica, who is a free agent this summer. Second-round pick Keita Bates-Diop will provide some frontcourt insurance if Bjelica departs, but the club values the 30-year-old veteran as a known – and reliable – commodity, Krawczynski adds.
Details On Wolves' Draft-Night Trade Talks
- The Timberwolves were active on the phones throughout the draft considering potential trades, but ultimately decided that keeping the 20th and 48th picks was their best option, writes Jon Krawczynski of The Athletic. Minnesota had spoken to the Pacers, Trail Blazers, and Hawks about moving down from No. 20, but with a run on wings happening, didn’t want to risk losing out on a player like Okogie, Krawczynski notes.
Wolves Plan To Hold On To Okogie
- The Timberwolves continue to pursue draft-night deals, but first-round pick Josh Okogie isn’t likely to be included, according to Jon Krawczynski of The Athletic (Twitter link).