Timberwolves Rumors

Northwest Notes: Stephenson, Hayward, Ezeli, Cole

After appearing in four games with Minnesota earlier this season, Lance Stephenson appears likely to rejoin the team on a second 10-day contract. According to Jon Krawczynski‏ of The Associated Press, Timberwolves coach Tom Thibodeau said Stephenson is “coming along” in his recovery from an ankle sprain and should sign a new contract soon (Twitter link). Injuries have sidelined Stephenson’s 2016/17 campaign; “Born Ready” has played in a combined 10 games with the Pelicans and Wolves. 

More from around the Northwest…

  • Kevin O’Connor of The Ringer writes that Gordon Hayward is “one of the most coveted upcoming free agents” that no one is noticing. Hayward, who is expected to decline his 2017/18 player option, has averaged a career-high 22.1 points per game, helping the Jazz maintain a comfortable hold on the fourth seed in the Western Conference. Hayward doesn’t register on casual fans’ radars, O’Connor writes, but the seventh-year wing “might be the key to unlocking Utah’s title chances.
  • Berry Tramel of The Oklahoman answered some questions about the Thunder for his online chat. Tramel called Domantas Sabonis “one of the few bright spots” in a recent loss to the Suns, with the caveat that he will soon be moved to the bench. Similarly, Tramel forecasts a move to the bench for Alex Abrines once Victor Oladipo returns from injury. When it comes to the offseason, Tramel writes “OKC doesn’t have the flexibility to sign a big free agent. It would have to do some kind of sign-and-trade deal, and the Thunder doesn’t have the kind of assets (draft picks) to pull that off. Plus, you have to convince free agents to come. So the likelihood is not strong that the Thunder can change the roster via big-name free agent.”
  • Festus Ezeli‘s season-ending surgery will involve tissue from a cadaver donor, Tim Brown of The Oregonian writes. Per Brown, Ezeli received bone marrow injections in his left knee in August, with the intention of helping him play in 2016/17. It would be pretty surprising to see the Trail Blazers exercise Ezeli’s $7.733MM option for 2017/18.
  • Norris Cole, who has scored 13 points over three games with the Thunder, is “learning on the job,” Brett Dawson of The Oklahoman writes. “I think for him, being pressured and coming into a new system and a new style and having to be a point guard and run the team, it was a difficult task for him,” Billy Donovan said of Cole. “These are the moments I think that will probably help him get better. He’s a veteran guy. He’s smart, he’s bright and he’ll be able to get better from this.”

Backcourt Combo Of Tyus Jones And Kris Dunn Thrives

  • The Timberwolves have experimented with both Tyus Jones and Kris Dunn in the lineup at the same time, writes Jerry Zgoda of the Star-Tribune. The pair of point guards has been deployed of late when starter Ricky Rubio takes a seat. “I like Tyus and Kris together; that’s a big plus,” head coach Tom Thibodeau said. “They have good chemistry together. It gives you a second pick-and-roll player.”

Tom Thibodeau High On Buddy Hield

  • The Timberwolves passed on Buddy Hield to select Kris Dunn with the fifth overall pick last June, but Minnesota head coach and president of basketball operations Tom Thibodeau says he’s a “big fan” of the new Kings sharpshooter, as Jerry Zgoda of The Star Tribune details. According to Thibodeau, he and the Wolves considered Hield and Jamal Murray before selecting Dunn —  Thibodeau believes “all three guys will have terrific careers.”

Knicks Notes: Rose, Jennings, Randle, Ndour

The Knicks appear to be done with buyouts after parting ways with Brandon Jennings today. While there was some speculation about Derrick Rose being cut by the club, Ramona Shelburne of ESPN suggests the Knicks probably won’t complete any more buyouts unless “a player they like becomes available.” (Twitter link)

Despite Jeff Hornacek‘s words to the contrary, the Knicks appear to be in full-on tank mode at this point. Sporting a 24-35 record, the Knicks are four games behind Detroit for the eighth seed of the Eastern Conference.

More from The Garden…

  • Hornacek has been a fan of Chasson Randle‘s game, Mike Vorkunov of the New York Times writes. The Knicks always viewed Jennings as a stopgap, Vorkunov writes, whose absence will now allow Randle to receive NBA minutes over the next several weeks. “We loved Chasson, his ability, how he can play,” Hornacek said. “He’s a smart player, knows how to play the game, shoot the ball. Chasson can play.”
  • Frank Isola of the Daily News commended the team for cutting Jennings, as Brandon “was never going to be a part of the Knicks future.” Jennings wasn’t happy with the Knicks, as he’d begun to lose minutes to rookie Ron Baker. Isola speculates the reason Jennings was released before Sasha Vujacic was Vujacic’s willingness to run the triangle offense. Additionally, the Knicks attempted to trade Jennings prior to the deadline, Steve Kyler of Basketball Insiders writes, but no team was interested in giving up an asset for him.
  • Isola is skeptical that the Knicks will cut Rose (link above). The Knicks still view themselves as a playoff-caliber team, and waiving Rose would be an admission of a “colossal mistake” from Phil Jackson. Had the Knicks dealt Rose for Ricky Rubio, Isola observes, Jackson essentially would have traded Rose, Jerian Grant, and Robin Lopez for Rubio. Isola suggested the team look to the future; “acquiring as many lottery balls as possible” rather than playing for the eighth seed. Carmelo Anthony and Kristaps Porzingis‘ minutes should be limited, and Ndour appears to be a release candidate.
  • In trade deadline negotiations, the Timberwolves wanted Mindaugas Kuzminskas in addition to Rose, according to David Aldridge of NBA.com. The Knicks and Wolves couldn’t get on the same page for a deadline swap, as we’d previously heard the Knicks insist Minnesota include Nemanja Bjelica alongside Rubio.

Rubio Thrives In Wake Of Deadline

Although there was plenty of speculation that Ricky Rubio could be on the move, the Timberwolves didn’t end up parting ways with the sixth-year veteran. According to Jerry Zgoda of the Star Tribune, the 26-year-old hasn’t let the rumors impact his game.

Nothing happened, rightLife goes on,” the point guard told Zgoda. In the Timberwolves’ first game since the Thursday deadline, Rubio has dropped consecutive double-doubles.

Teammate Karl-Anthony Towns cites Rubio’s presence in the locker room as an asset for the young Timberwolves. “Ricky is a big part of our team,” Towns said. “Not even from just a skill and leader standpoint. But just morale. Just seeing him in the locker room lifts us up.

The Timberwolves currently sit three games back of the Western Conference’s eight-seed and have publicly said as recently as this month that they’re committed to making the playoffs. Holding on to Rubio, as opposed to turning over the offense to rookie Kris Dunn or reserve Tyus Jones, may help them get there.

NBA Teams Below Salary Cap For 2016/17

At this point in the season, most teams aren’t going to do much with any leftover cap room. Teams are no longer able to make trades, and most free agents still on the market won’t demand more than the minimum.

Still, there’s reason to consider which teams remain below the cap after this week’s trade activity. With useful veteran players potentially hitting the free agent market as a result of contract buyouts, a team with some extra cap room might have a leg up on teams without any spending flexibility.

For instance, if the Rockets and Warriors were to pursue the same free agent – perhaps Andrew Bogut, if he’s bought out by the Sixers – Houston could offer a deal worth up to about $3.5MM with cap room, while Golden State would be limited to offering a prorated minimum salary worth closer to $400K. That’s a significant difference.

It’s also worth keeping an eye on teams that remain below the minimum salary floor, since those clubs could enter the bidding for a bought-out player or could claim a player off waivers. The Jazz, for instance, probably don’t need a big man like Bogut, but if they wanted him and he became available, Utah has enough cap room to claim his entire $11MM+ contract. That would keep him off the open market and allow the Jazz to surpass the salary floor.

Using our Salary Cap Snapshots, let’s take a closer look at the teams below the cap, starting with teams still below the salary floor:

Teams below the salary floor:

  1. Utah Jazz: $13.64MM below cap ($4.23MM below floor)
  2. Minnesota Timberwolves: $12.66MM below cap ($3.24MM below floor)
  3. Denver Nuggets: $11.56MM below cap ($2.15MM below floor)
  4. Brooklyn Nets: $10.21MM below cap ($793K below floor)

Less than a month ago, there were six teams below the salary floor. Since then, the Nets and Nuggets have taken major steps toward the floor, while the Suns and Sixers have gotten above it entirely. That leaves the Jazz and Timberwolves as the clubs furthest below the salary floor.

As we’ve noted in the past, there’s no real penalty if a team remains below the floor — the team simply has to make up the difference by paying their current players a little more money. However, the Jazz and Wolves figure to be mulling other opportunities to reach the floor. That could mean placing a waiver claim or – in Utah’s case – renegotiating a contract.

We haven’t heard any rumors lately about the Jazz discussing a new deal with an extension-eligible veteran like George Hill or Derrick Favors, so that seems like a long shot. But the team does have until the end of February to renegotiate and extend either player’s contract, so it’s worth keeping an eye on.

Teams below the cap, but above the floor:

  1. Phoenix Suns: $9.226MM below cap
  2. Philadelphia 76ers: $8.62MM below cap
  3. Indiana Pacers: $4.14MM below cap
  4. Boston Celtics: $1.11MM below cap

Although the Suns and Sixers have inched above the salary floor, they’re not necessarily out of the woods quite yet. Phoenix needs the contracts of Jared Sullinger and Mike Scott to pass through waivers unclaimed, while the Sixers will require the same for Bogut if they eventually cut him. If any of those deals are claimed, they’ll move to another team’s cap, pushing Phoenix or Philadelphia back below the floor.

Teams that could clear cap room by renouncing exceptions:

  1. Houston Rockets: $3.54MM below cap if TPEs are renounced (largest TPE: $3.33MM)
  2. Oklahoma City Thunder: $3.05MM below cap if lone TPE ($4.94MM) is renounced
  3. Milwaukee Bucks: $1.75MM below cap if TPEs are renounced (largest TPE: $5MM)
  4. Chicago Bulls: $1.59MM below cap if lone TPE ($5.46MM) is renounced

These teams are technically over the cap, but could go under if they chose to renounce their trade exceptions. In some cases, that might not make much sense. For instance, the Bucks and Bulls would have less than $2MM in cap room if they renounced their exceptions. Both teams have trade exceptions worth at least $5MM, so it probably makes sense to stay over the cap for now and see if those exceptions come in handy around the draft.

On the other hand, the amount of cap room the Rockets would have if they renounced their trade exceptions would be greater than the amount of their largest TPE, so it makes sense for Houston to dip below the cap, expunging those TPEs from their books. That would also allow the Rockets to use cap room to sign a free agent, something they couldn’t do using a trade exception.

The rest of the NBA’s 18 teams don’t currently have cap room. That includes the Lakers, whose moves this week took them over the cap by just $316K.

Wolves Notes: Rubio, Muhammad, Thibodeau, Wiggins

Now that the dust has settled from the trade deadline, Ricky Rubio has high aspirations for the 22-35 Timberwolves.

“I believe this team can make the playoffs and we can make a push,” Rubio told Jerry Zgoda of the Star Tribune (Twitter link). Minnesota will have a tough road ahead to forge a postseason run. The Wolves entered Friday three games behind the Nuggets for the eighth-seed of the Western Conference, and two teams ahead of them- the Pelicans and Mavericks- made stellar deadline acquisitions to boost their chances.

Rubio spoke to reporters, including Jon Krawczynsk of the Associated Press, about the human element of being mentioned in trade rumors.

“As pros, we know what’s the deal,” Rubio said. “But yeah, this time felt a little different. It’s all rumors. Until it doesn’t go down, you don’t believe it…I know this is a business and it has to be like that.”

More from Minnesota…

  • Shabazz Muhammad will hope to stick with the T’Wolves in restricted free agency. “Come this summer I want to be Timberwolf,” the former UCLA Bruin told Darren Wolfson of KSTP Eyewitness News (Twitter link). Minnesota was “determined” to move Muhammad during the trade deadline, according to David Aldridge of TNT. Despite being linked to the Wizards at one point, Muhammad ultimately stayed put. With the assurance of staying with Minnesota through the season, Muhammad is focused on helping the Wolves enter the playoff picture. “It’s a great opportunity for us,” Muhammad said. “We’re going to finish this season out strong, and we’ve still got a lot to show.”
  • Coach Tom Thibodeau had a measured view of the trade deadline, claiming no trades really came close. “If something made sense, we would have done it,” Thibodeau told the Associated Press. “But it had to make sense and make us better. If it didn’t, just be patient, continue to work.” With trade talks in the rear-view mirror, Thibodeau discussed his approach following the All-Star break. “Before the break we laid out what we wanted them to do when they were away,’’ Thibodeau told Kent Youngblood of the Star Tribune. “The first day back (Wednesday) was more activation, just to get the bodies going again. And then we had a really good practice Thursday, and shootaround today. Again, the big thing is to make sure you have a routine established in terms of how you prepare to play.”
  • A playoff chase would benefit the young Timberwolves, Jace Frederick of Twin Cities writes. While FiveThirtyEight currently gives Minnesota a 2% chance of making the postseason, it’s a breath of fresh air for Wolves fans to see their team involved in the playoff picture. “It’s a good feeling knowing that we’re in the mix,” Andrew Wiggins said. “And if we put in a good stretch, we can put ourselves in a really good position. We’re getting better every game. Some games we play bad and there’s a little setback, but we keep playing hard, practicing hard, learning a lot of new things.”

Post-Deadline Housekeeping: New TPEs, Open Roster Spots

There were no superstars on the move on Thursday, but NBA teams made eight trades, and there were many more signings and cuts completed once the deadline passed. In the wake of the deadline, we’ll take a look at a few roster- and cap-related notes, rounding up the new traded player exceptions that teams created on Thursday, as well as examining which teams still have space available on their rosters.

Let’s dive in…

New trade exceptions:

Several over-the-cap teams acquired new trade exceptions on Thursday. They’ll all expire on February 23, 2018, a year after they were created, or until they’re used or renounced by the teams below. If a club wants to use cap room, it must renounce its trade exceptions, but until then, these TPEs can be used in the summer or next season to acquire players.

Here’s the breakdown, in order of TPE value:

  • Dallas Mavericks: $6,642,537
  • Chicago Bulls: $5,462,000
  • Milwaukee Bucks: $5,000,000
  • Atlanta Hawks: $3,333,334
  • Houston Rockets: $3,333,333
  • Dallas Mavericks: $1,514,160
  • Houston Rockets: $612,172
  • Toronto Raptors: $328,000
  • Houston Rockets: $233,880

Some notes related to these TPEs:

  • Multiple teams on this list, including the Rockets and Bucks, could open up cap room by renouncing their trade exceptions. In Houston’s case, this is particularly notable, since the club would create more than $3.5MM in cap space by renouncing these TPEs. That cap room could come in handy very soon if the Rockets are trying to entice a free agent to sign with them instead of another contender that can only offer the minimum.
  • As is always the case with TPEs, some of these exceptions will be more useful than others. The Mavericks could end up doing something interesting with their $6.6MM+ TPE, but the Raptors will almost certainly never use theirs for $328K.
  • The Thunder also came out of Thursday’s action with a new TPE — sort of. Oklahoma City had created a trade exception worth $7.4MM on November 1 when the team sent Ersan Ilyasova to Philadelphia. The Thunder used a portion of that exception at the deadline to absorb Doug McDermott‘s salary, leaving approximately $4.94MM left on it. OKC will have until November 1 to use the rest of that TPE.
  • For the complete list of trade exceptions across the NBA, click here.

Teams with open roster spots:

A day after the trade deadline, the list of teams with open roster spots is incredibly fluid. Some teams that acquired players in trades don’t have any use for those players, and will waive them. Other clubs will fill roster holes with D-League call-ups, while other teams will be a little more patient and wait out the buyout market.

All of this is to say that this list is up to date at the time of publication, but could change quickly as teams make more moves this weekend. Here are the teams that currently have at least one open spot on their 15-man roster, with their player count noted in parentheses:

  • Charlotte Hornets (13): The 10-day contracts for Ray McCallum and Mike Tobey expired overnight, so Charlotte has two open spots. The team reportedly plans to use one on Johnny O’Bryant.
  • Cleveland Cavaliers (14): The Cavs have 13 guaranteed contracts, plus Derrick Williams‘ 10-day deal. The team expects to sign Deron Williams as well, so if any other roster additions are coming after that, Cleveland would need to clear a roster spot.
  • Dallas Mavericks (13): The Mavs have two openings after completing a two-for-one trade with the Sixers, then waiving Deron Williams.
  • Houston Rockets (14): The Rockets opened up a roster spot by trading K.J. McDaniels, and may waive Marcelo Huertas as well. Houston is expected to be active on the buyout market.
  • Milwaukee Bucks (14): The Bucks created a roster opening by sending Roy Hibbert to Denver, and they’re expected to fill it by signing Axel Toupane to a 10-day contract.
  • Minnesota Timberwolves (14): Unlike most of the teams on this list, the Wolves have carried an open roster spot for a while, and that didn’t change at the deadline.
  • Oklahoma City Thunder (14): The Thunder traded three players to Chicago and received just two in return, creating an opening. They have their eye on free agents and buyout candidates.
  • Orlando Magic (14): Like Minnesota, the Magic were carrying an open roster spot prior to the deadline and didn’t make a move on Thursday.

The Suns will join this list as soon as they officially waive Mike Scott and Jared Sullinger, as is expected. They’ll fill one of those two newly-open spots with Ronnie Price. There are also three teams that have full 15-man rosters with at least one player on a 10-day contract. The Hawks, Warriors, and Pelicans fall into this category, with Briante Weber‘s second 10-day deal in Golden State set to expire soon.

For a full breakdown of NBA roster counts, check out our list.

Timberwolves Balked At Rose/Rubio Swap

3:04pm: A source tells Marc Berman of The New York Post (Twitter link) that the Wolves got “extra concerned” that they wouldn’t be able to re-sign Rose this summer, and didn’t want to acquire him as a rental.

2:40pm: The Timberwolves walked away from trade negotiations involving Ricky Rubio and Derrick Rose, Marc Stein of ESPN reports. The Knicks made a final push for a Derrick Rose-for-Ricky Rubio trade with no additional pieces, but Minnesota balked. (Twitter links).

Earlier today, the Knicks pushed Minnesota to include additional trade pieces along with Rubio. Apparently unable to receive other assets (New York was said to be interested in Nemanja Bjelica), the Knicks made a final push at a straight-up trade offer.

Ian Begley of ESPN corroborated Stein’s report, claiming the Knicks’ willingness to lower their demands came too late in negotiations. Phil Jackson had been looking for draft picks in trade talks with other teams, which may have been the sticking point with Scott Layden of the Timberwolves.

Barring a buyout, Derrick Rose appears set to finish the season in New York before testing the free agent market. Ricky Rubio, who remains ahead of Tyus Jones and Kris Dunn on Minnesota’s depth chart, is under contract through 2018/19.

Trade Talks Between Wolves, Knicks Stalled?

1:42pm: The talks between the Knicks and Wolves have “stalled significantly” with the deadline less than 20 minutes away, per Shams Charania of The Vertical (Twitter link).

11:40am: The Knicks and Wolves remain engaged in discussions on a potential deal headlined by Rubio and Rose, reports ESPN’s Marc Stein (Twitter link).

8:35am: Timberwolves point guard Ricky Rubio continues to be a “significant” trade target for the Knicks today, league sources tell Adrian Wojnarowski of The Vertical (via Twitter). We’ve heard in recent days that the two teams have discussed multiple variations of a deal involving Rubio and New York point guard Derrick Rose.

There had been some skepticism about the Knicks’ ability to trade Rose this week, since he has a $21MM+ expiring salary and some members of the organization were believed to be reluctant to take long-term salary back for him. However, as Marc Berman of The New York Post has noted, the Knicks have had interest in Rubio for several years, so it’s possible that he’s a player for whom the team would sacrifice summer cap room.

Because the Wolves are far below the cap, the team could trade Rubio straight up for Rose, despite a gap of nearly $8MM between their 2016/17 salaries. For Minnesota, such a move would allow the club to reach the salary floor this season and create some cap flexibility going forward. Tom Thibodeau‘s history with Rose may also hold some appeal if the Wolves view the former MVP as more than a rental.

Still, if the two sides can get something done, it may not just be a one-for-one swap. The Knicks are said to have some interest in Wolves forward Nemanja Bjelica as well, and ESPN’s Marc Stein tweets that New York’s desire to get another piece in the deal has been a sticking point so far.