Minnesota Timberwolves Rumors | Hoops Rumors

Western Notes: Thompson, Kobe, Fesenko

November 5th, 2014 at 1:03pm CST by Chuck Myron

Klay Thompson agreed that the starting salary in his extension with the Warriors couldn’t escalate past the current $15.5MM projection for next season’s 25% maximum salary, even if the max ends up coming in higher, Grantland’s Zach Lowe reports. That means the deal will be no more lucrative than $69MM over four years, and Lowe heard from a couple of agents who believe the Warriors acted unfairly in the way they structured Thompson’s deal (Twitter link). Still, it doesn’t appear that it will end up having been a sacrifice for Thompson, since it’s unlikely next year’s salary cap, to which maximum salaries are tied, will reflect any of the revenue from the league’s new $24 billion TV deal, according to Lowe. The league’s salary cap projections for 2015/16 remain around $66-68MM as league office execs favor a gradual phase-in of the TV money that wouldn’t start until 2016, Lowe writes. There’s more on Thompson and the Warriors amid the latest from Western Conference:

The promise of future production, expendability, strong character and the ability to attract fans are a few of the qualities that current and former team executives tell Bleacher Report’s Ric Bucher they believe players who sign maximum-salary contracts should possess. All of those execs agree that Thompson is a max player, but their opinions are mixed on Kawhi Leonard, to whom the Spurs decided against giving a max extension.
Kobe Bryant‘s two-year, $48.5MM extension looks like an albatross for the 0-5 Lakers, but Warriors executive and part-owner Jerry West doesn’t agree, as he told KNBR radio, “Whatever they’re paying, he’s earned it,” West said, as Diamond Leung of the Bay Area News Group notes (Twitter link).
Timberwolves camp cut Kyrylo Fesenko has inked with Avtodor of Russia, the team announced (translation via David Pick of Eurobasket.com, on Twitter).

Northwest Notes: Thunder, Jackson, Jazz, Ingles

November 4th, 2014 at 9:00am CST by Chuck Myron

The league has proposed setting the 2016/17 salary cap between $78MM and $82MM in discussions with the union about phasing in the increases that the league’s new TV revenue will bring about, Grantland’s Zach Lowe reports. Those figures would still be quite a leap from next season’s projected $66.5MM cap, and they’d set up lots of teams with flexibility for the summer of 2016, when Kevin Durant is poised to hit free agency. Some teams are optimistic that Durant will consider a wide array of suitors, while others have heard that he’s already down to the Thunder and the Wizards, according to Lowe. In any case, there’s much on the line on Oklahoma City in the next 19 months or so left before Durant’s contract expires, as Lowe examines. Here’s more on the Thunder and their Northwest Division rivals:

The Thunder are confident that they’ll be able to match other clubs’ offer sheets for restricted free agent-to-be Reggie Jackson next summer, sources tell Chris Mannix of Sports Illustrated (Twitter link). Given the roughly $63.57MM of guaranteed salary the Thunder already have on their books for the 2015/16 season, retaining Jackson might require exceeding the luxury tax threshold, something they’ve been reluctant to do in the past.
Jazz GM Dennis Lindsey isn’t planning simply to let his team’s young core grow on its own, and he says he’ll use it as a draw to attract free agents, as he tells Jody Genessy of the Deseret News, promising to be “very aggressive” in free agency next year. Still, Alec Burks tells Genessy that the team’s commitment to youth is one reason why he was eager to sign his extension with Utah.
The Clippers weren’t pleased when the Jazz claimed Joe Ingles off waivers, as coach/executive Doc Rivers admits his club had designs on re-signing the 27-year-old rookie, Genessy tweets.
Thaddeus Young, who can become a free agent in the summer, sees a bright future ahead for the Timberwolves, as he tells Alex Kennedy of Basketball Insiders.

Charlie Adams contributed to this post.

And-Ones: Wolves, D-League, Cherry

November 2nd, 2014 at 9:23pm CST by Eddie Scarito

Being both the coach and president of basketball operations for the Wolves put Flip Saunders in a unique situation regarding Ricky Rubio‘s extension, writes Jon Krawczynski of the Associated Press. “Dealing with the GM, it’s always tough,” Rubio said. “But if you only see him in the office, that’s good. But then you have to see him in the practice, it’s a little tougher. But I think Flip handled the thing very well. He was not different, but when we’re out on the court, we were only talking about basketball. We didn’t talk about business in the practice facility. That helped me to feel comfortable.”

Here’s more from around the league:

The Kings‘ D-League affiliate, the Reno Bighorns, who selected Brady Heslip with their first round pick, were deemed the biggest winner of the D-League draft by Keith Schlosser of SB Nation. Schlosser also notes that Marquis Teague will learn more discipline running the floor by playing for the Thunder-affiliated Oklahoma City Blue.
Will Cherry‘s two year, minimum salary deal with the Cavaliers is partially guaranteed, notes Chris Haynes of the Northeast Ohio Media Group. The exact amount of the guarantee is not yet known.
Though he signed a three-year, $15MM deal with the Kings this offseason, Darren Collison‘s original goal was to return to the Clippers, and the player said that being a starter wasn’t a priority in his decision, Jovan Buha of Fox Sports reports (Twitter links). Collison also said that Sacramento was the first team that contacted him, but that he felt that the club’s priorities were finding a big man and help on the wing, Buha notes.
Collison did admit that there was some miscommunication between him and team president Doc Rivers regarding his level of interest in re-signing with the Clippers, Buha tweets. For his part, Rivers said, “I wanted to keep him [Collison]. I thought he would have been perfect for here forever. But I know math a little bit,” tweets Ben Bolch of The Los Angeles Times.
Willie Reed, who was recently waived by the Nets, has signed a guaranteed contract for the remainder of the season with Hapoel Eilat of the Israeli league, David Pick of Basketball Insiders reports. The 6’10” Reed averaged 4.0 rebounds in 16.6 minutes in two preseason games for Brooklyn.

Chris Crouse contributed to this post.

Wolves Notes: Rubio, Incentives, Taylor

November 1st, 2014 at 10:28am CST by Eddie Scarito

The NBA’s new $24 billion TV deal helped sway Wolves owner Glen Taylor to make a final push to sign Ricky Rubio to an extension, Jon Krawczynski of The Associated Press writes. With the salary cap set to increase over the next few seasons, Rubio’s deal won’t seem quite as large in the near future, especially in comparison to the deals that will be inked once the new CBA is ironed out, notes Krawczynski.

Here’s more out of Minnesota:

Taylor acknowledged that in the wake of the Kevin Love trade, Rubio would be the player that would lead the team’s young core into the future, Krawczynski adds. “He [Rubio] came to us with such high expectations and he immediately proved why we were so high on him,” Taylor said. “Unfortunately he got hurt at the end of his rookie season, but he has worked so hard to come back and we believe he has a long and successful career ahead of him. He’s a great foundation for our franchise and we’re very happy to keep Ricky here long term to work and grow with the young nucleus that we have.”
For his part, Rubio understands the pressure that comes along with signing a large contract, notes Krawczynski. “You’re getting paid more, you have to earn it,” Rubio said. “You have to show why you’re getting paid this money. Of course there’s going to be extra pressure. I wanted to be more of a leader and take this team to another level.”
The reported $1MM in incentives contained in Rubio’s extension with the Wolves are tied to several shooting percentage benchmarks, primarily field goal percentage and free throw percentage, Krawczynski tweets. Rubio has a career slash line of .369/.323/.799.

Extension Rumors: Thompson, Cavs, Butler

October 31st, 2014 at 10:30pm CST by Chuck Myron

Tonight’s 11:00pm Central deadline for rookie scale extensions is fast closing in. Here’s the latest on talks around the league, with any additional updates that come in throughout the evening added to the top:

Final-hour talks are taking place between the Cavs and representatives for Tristan Thompson, reports Jason Lloyd of the Akron Beacon Journal (Twitter link). The team has offered more than $40MM, according to Sam Amico of Fox Sports Ohio (on Twitter). A deal was a 50-50 proposition as of this afternoon, as Amico heard (Twitter link).
Butler struck a somewhat different tone before the Bulls‘ game against the Cavs tonight than his agent did when he indicated that talks were through (below), as Sam Smith of Bulls.com relays. “We still want a deal,” Butler said. “I still want to be here. I still want to have nothing to worry about. So we have until 11:59 [Eastern time] to figure it out. I’m not a personal guy. I don’t take everything to heart. I understand it’s a business. I just have to be a great basketball player. I think this team is really good, championship caliber. I am a part of this team; I am going to produce. I’m going to guard. I will take care of myself. I think there’s not too much I can do right now. I’m done talking about it.”
Still, Bulls GM Gar Forman said that both sides had agreed to end discussions for now and pick back up again in restricted free agency next summer, Smith notes.
Butler also said that he believes he’ll remain with the Bulls whether it entails signing an extension or a new deal next summer, tweets K.C. Johnson of the Chicago Tribune.

5:40pm updates:

Butler has rejected the Bulls‘ “final offer” and plans to enter restricted free agency next summer, Adrian Wojnarowski of Yahoo! Sports reports. Butler’s agent, Happy Walters, said, “All the [rookie extension] deals done so far have shown that teams are building around their stars of the future, and they’re compensating those players as such. I was under the impression Jimmy was also viewed as one of those future building blocks with the Bulls. We tried like heck to get something done, but ultimately, the Bulls wanted a ‘hometown’ discount. While understandable, I doubt their GM or coaches give Mr. Reinsdorf a discount when negotiating their own deals.”
Butler had told his teammates that he was willing to play out the season unless the team upped their “final” offer, K.C. Johnson tweets.
The Wolves and Rubio are making progress on a four-year extension, Wojnarowski reports (Twitter link). According to Wojnarowski’s sources, there’s optimism, but no deal in place yet.

3:58pm updates:

The Wolves are now willing to go higher than $52MM in four-year offers to Ricky Rubio and the team is on board with a deal as long as Rubio is, reports Darren Wolfson of 1500 ESPN Twin Cities (Twitter link). Jerry Zgoda of the Star Tribune believes that a deal would have to be for at least $55MM over four seasons (Twitter link).
The Bucks and Brandon Knight weren’t too far apart in extension talks before ending them today, tweets Jeff Goodman of ESPN.com.
Conversely, the gap appears wide between the Bulls and Jimmy Butler, and the chances of a compromise don’t appear to be high, as Goodman also hears (Twitter link). Chicago has been willing to consider a player option in his deal, something the franchise doesn’t ordinarily do, according to K.C. Johnson of the Chicago Tribune (on Twitter), but talks aren’t progressing, as Brian Windhorst of ESPN.com hears (Twitter link).

Wolves Sign Ricky Rubio To Extension

October 31st, 2014 at 9:28pm CST by Eddie Scarito

The Timberwolves have officially signed Ricky Rubio to a contract extension, the team announced (on Twitter). Adrian Wojnarowski of Yahoo! Sports first reported the four-year, $55MM deal, which includes $1MM in incentives, as Jerry Zgoda of The Star Tribune adds (Twitter link). There are no team or player options in the arrangement, according to Jon Krawczynski of The Associated Press (Twitter link).

“We are excited to sign Ricky to a contract extension and keep him as a foundation for years to come,” Timberwolves president of basketball operations/coach Flip Saunders said in the team’s statement. “He is annually among the league leaders in assists and steals, and his intangibles make him a very valuable player to our team. Ricky is only in his fourth season and because of his work ethic and determination, we are confident that he will continue to grow as a player and as a team leader. We look forward to many great years ahead of Ricky in a Timberwolves uniform.”

Agent Dan Fegan had reportedly been seeking the maximum salary for his client, which likely would have been at least $85MM over five years, so the Wolves achieved some level of success in negotiating Rubio’s camp down from that amount. The Wolves had initially talked about four years and $44MM, and upped the offer to $48MM, then to $52MM and beyond for the 24-year-old.

Rubio’s extension matches the average annual salary that fellow point guard Eric Bledsoe netted in his new five-year contract with the Suns, at least with Rubio’s $1MM in incentives factored in, notes Marc Stein of ESPN.com (Twitter link). The dollar figure represents the sort of high-leverage negotiations that had been taking place for a franchise that lost Kevin Love via trade this summer, as Charlie Adams of Hoops Rumors examined when he looked at Rubio’s extension candidacy. The Wolves ultimately saw the prospect of increased revenues from the league’s recent $24 billion TV deal as motivation to come up in their offers, tweets Jon Krawczynski of The Associated Press, who adds that the team wanted to show faith in the former No. 5 overall pick.

The deal gives Minnesota approximately $50.2MM in guaranteed salary commitments for the 2015/16 season, though that figure doesn’t account for Thaddeus Young‘s $9,971,739, Chase Budinger‘s $5MM, or Corey Brewer‘s $4,905,000 player options.

In his three years in the league, Rubio has averaged 10.2 PPG, 4.1 RPG, and 8.1 APG. His slash line is .369/.323/.799.

Photo courtesy of USA Today Sports Images. Chuck Myron contributed to this post.

Extension Rumors: Butler, Rubio, Thompson

October 31st, 2014 at 11:54am CST by Chuck Myron

The 11:00pm Central deadline for rookie-scale extensions is only about half a day away, and there’s sure to be action in the hours ahead as decisions loom for the remaining eligible players. Here’s the latest as of this morning:

The Bulls and Butler were apart by $2.5MM in average annual value as they talked Thursday, Johnson reports. Butler’s camp doesn’t see a deal happening before the deadline, according to USA Today’s Sam Amick (on Twitter), which isn’t surprising considering the gap.
The Wolves are willing to sign Rubio to a four-year extension worth $52MM, and the team would perhaps be on board with going up to $54MM, according to Wolfson (Twitter link). Agent Dan Fegan has reportedly been seeking the maximum salary for his client, which would likely entail at least $66MM over four years, but Rubio would take $58MM, Wolfson says.
There’s “plenty of pessimism” surrounding the talks between Tristan Thompson and the Cavs as a gap remains in their proposals, reports Brian Windhorst of ESPN.com (via Twitter).

Earlier updates:

Ricky Rubio is more likely than not to sign an extension with the Wolves as advanced negotiations have taken place between the sides over the past few weeks, sources tell Marc Stein of ESPN.com. That echoes an earlier report from Darren Wolfson of 1500 ESPN Twin Cities, who heard from people outside the organization who believed Rubio and the team would ultimately settle on a four-year, $52MM deal.
Agent Brian Elfus has been in San Antonio negotiating with the Spurs this week, as Stein writes in the same piece, but Kawhi Leonard is nonetheless unlikely to sign an extension, Stein says, seconding a report from ESPN colleague Chris Broussard. Stein hears the Spurs prefer to take Leonard to restricted free agency next summer to maintain maximum financial flexibility. Adrian Wojnarowski of Yahoo! Sports wrote earlier this week that the Spurs were reluctant to give Leonard the maximum salary he’s seeking.
Talks are continuing between the Warriors and Klay Thompson and the Cavs and Tristan Thompson, Stein reports.
Brandon Knight and Norris Cole appear unlikely to receive extensions, according to Stein, though talks are still going on between the Bucks and Knight’s agent, Arn Tellem, a source tells Charles F. Gardner of the Milwaukee Journal Sentinel. Stein seconds earlier reports indicating that Jimmy Butler, Reggie Jackson and Iman Shumpert also seem unlikely to sign extensions.
The Bulls are going to have to increase their offer to Butler to entice him to sign, tweets K.C. Johnson of the Chicago Tribune. It’s unclear what the Bulls have on the table, but as of a week ago the sides were “millions apart,” as Johnson wrote then.

And-Ones: Nets, Kidd, Gray, Gomes

October 28th, 2014 at 10:55pm CST by Zachary Links

A year after the blockbuster trade that sent Kevin Garnett, Jason Terry, and Paul Pierce to the Nets, the deal doesn’t look so good for Brooklyn, writes Tim Bontemps of the New York Post. Bontemps points out many of the key players in that deal are no longer on the team. Pierce left the team this offseason to sign with Wizards, while Terry was traded during the middle of last season for Marcus Thornton. More from around basketball..

If he’ll sign one, Wolves guard Ricky Rubio will top the four-year, $48MM extension that Kemba Walker agreed to earlier today, Darren Wolfson of 1500 ESPN tweets.
Jason Kidd admits it’s a completely different situation coaching the young, inexperienced Bucks this season compared to the veteran driven Nets, writes Andrew Wagner of the Star Tribune. “Here, we can show them but we also have to teach them and show them again exactly the different options because it’s all new to them,” Kidd said. “It takes time, but it’s been fun to see their growth.”
The decision to waive Aaron Gray was both clear-cut and wrenching for the Pistons, writes Keith Langlois of NBA.com. Gray’s medical situation coupled with the presence of Joel Anthony made him an obvious choice to go, but he was in the best shape of his career this offseason and Stan Van Gundy was excited to see what he could do.
Ryan Gomes has decided to leave Spanish club Baskonia, also known as Laboral Kuxta, over a lack of playing time, according to David Pick of Basketball Insiders. Gomes, 32, made the Thunder’s opening night roster last season. Former Pacers guard Orlando Johnson could be the next to bolt and DJ White‘s one-month contract with the club will expire next week.

Chris Crouse contributed to this post.

Western Notes: Thompson, Rubio, Mekel, Taylor

October 28th, 2014 at 1:05pm CST by Chuck Myron

Cory Joseph is the quintessential player from outside the U.S., at least according to the NBA’s annual survey of international players on opening-night rosters. He is a member of the Spurs, who lead the league with nine non-U.S. players, and he’s from Canada, the non-U.S. nation that has produced the most NBA players currently in the league. It’s the third straight year that San Antonio has led the NBA in this regard, and it seems to be working, since the Spurs went to the Finals the first two times. Here’s more from around the Western Conference:

Kings big man Jason Thompson is drawing trade interest from around the league thanks to the league’s rising salary cap, as Grantland’s Zach Lowe writes amid his season preview. More available spending money around the league makes Thompson’s contract, which will pay him nearly $15.119MM in guaranteed salary through 2016/17, less burdensome for teams.
Sources from outside the Timberwolves believe Ricky Rubio and the team will ultimately settle on an extension worth four years and $52MM by Friday’s deadline, as they tell Darren Wolfson of 1500 ESPN Twin Cities (Twitter link). The team has apparently offered four years and $48MM, while agent Dan Fegan has reportedly asked for the max.
Gal Mekel says that the Mavs haven’t told him whether or not they’re going to waive him, though he’s cognizant of the reports have the Mavericks set to release him so they can sign J.J. Barea instead, observes Eddie Sefko of the Dallas Morning News. “It’s weird,” Mekel said. “I hear everything. But I want to concentrate on this game. I had a great preseason and showed everybody that I can help this team. I got very good feedback from the coaching staff. I know it’s weird right now and there is a chance I will find myself in another place in two days. But as long as I am here, I’m going to help the team.”
Wolves owner and chairman of the Board of Governors Glen Taylor has publicly talked about selling the team in the past, and he said Monday that he eventually plans to do so, notes Nate Gotlieb of the Mankato Free Press.

Wolves Waive J.J. Barea, Mavs Plan To Sign Him

October 27th, 2014 at 1:59pm CST by Zachary Links

MONDAY, 1:59pm: The Wolves have waived Barea, the team announced (Twitter link). It’s unclear if he agreed to give up any salary in a buyout arrangement or if it was a straight release.

SUNDAY, 3:55pm: The Wolves are finalizing a buyout with J.J. Barea, sources tell Marc Stein of ESPN.com. The buyout will be completed before Monday’s 4pm CT roster cutdown deadline, putting Minnesota at the 15-man maximum.

With a logjam of guards in Minnesota, there has been speculation this offseason that the Wolves would buy Barea out of the final year of his contract or trade him. Coach/president Flip Saunders insisted in late September that there was a role for Barea in Minnesota, noting that his camp performance last summer was the best of anyone on the team. Still, with a glut of backcourt options, including free agent pickup Mo Williams, it was clear that Barea could get more burn elsewhere.

The Mavericks are planning on signing Barea once he clears waivers, according to Stein, and the guard wants to return to Dallas. The Mavs’ roster is currently full with the regular season maximum 15 players, so bringing Barea aboard would require another roster move. The guard should clear as he carries a $4.5MM cap number for 2014/15. Stein suggests that Dallas could clear a spot by trading or releasing guard Gal Mekel or big man Greg Smith.

If the Barea-Dallas reunion falls through, there should be plenty of other clubs with interest. The Lakers immediately come to mind as a club that could go for Barea in the wake of Steve Nash‘s season-ending injury.

Earlier today, Darren Wolfson of 1500 ESPN Twin Cities (Twitter link) heard that the feeling around the league was that Barea would wind up with the Mavs. Barea could be the second member of the Mavs’ 2011 championship team to return to Dallas this offseason, following big man Tyson Chandler.