Timberwolves Rumors

Nets, Cavs, Celtics Close To Jarrett Jack Trade

9:38am: The Cavs will probably end up with a future second-round pick when the deal gets done, according to Stein (Twitter link).

WEDNESDAY, 9:35am: An agreement is close on a three-way deal involving Cleveland, Brooklyn and Boston that would send Jack to the Nets, Stein tweets. Karasev would go to Brooklyn as well. The Celtics would receive Thornton, Tyler Zeller and a first-round pick, Stein adds (on Twitter). It’s unclear what the Cavs would get, but it appears as though they would receive the cap flexibility to acquire LeBron. Boston would be using its nearly $10.3MM trade exception to acquire Thornton, according to Jeff Goodman of ESPN.com, who adds that the first-rounder the Celtics are getting is for 2016 (Twitter link).

10:23am: The Hawks are among the teams the Cavs have recruited as a potential landing spot for Thornton, according to Ken Berger of CBSSports.com (Twitter links). The Hawks have nonetheless shown little interest in Thornton, Berger adds (on Twitter).

8:51am: The Cavs, who had reportedly been shopping Jack and draft picks, are now doing the same with Thornton and picks on the assumption they’d be able to get Thornton from the Nets, as Adrian Wojnarowski of Yahoo! Sports details. Cleveland is also making Sergey Karasev available in trades, Wojnarowski adds.

JULY 7TH, 7:59am: The Cavs and Nets have a deal in place contingent upon finding a third team to absorb Thornton, as Adrian Wojnarowski of Yahoo! Sports said Sunday on Fox Sports Radio, and as Sam Amico of Fox Sports Ohio confirms. The Suns, Mavs and Timberwolves are among the teams potentially interested in Thornton, Amico hears. Cleveland has been shopping Jack and dangling a draft pick to go along with him, as Wojnarowski reported this weekend, and one way or another, the Cavs intend to trade Jack before the coming season begins, a source tells Amico. Unloading Jack has become key to Cleveland’s efforts to clear max cap room for LeBron James, as we passed along earlier.

JULY 2ND, 9:56pm: As predicted by ESPN.com’s Marc Stein, the Nets and Cavs are revisiting talks of a Thornton-Jack swap, tweets Ohm Youngmisuk of ESPNNewYork.com.

1:43pm: The Kings are interested in Jack, too, but they’re holding off until they know what happens with restricted free agent Isaiah Thomas, according to Sam Amico of Fox Sports Ohio.

JULY 1ST, 8:14pm: The loss of Shaun Livingston is likely to resurrect the Thornton-for-Jack trade talks, tweets Marc Stein of ESPN.com.

JUNE 23RD, 8:01am: Sam Amico of Fox Sports Ohio is also hearing denials of Thornton-Jack talks, though Jack’s name has come up as the Cavs discuss potential trades with other teams, Amico says.

SATURDAY, 3:47pm: League sources deny that the Nets and Cavs have discussed a Thornton/Jack swap, tweets Michael Scotto of Sheridan Hoops.

2:36pm: The Nets and Cavs are discussing a trade that would center around Marcus Thornton and Jarrett Jack, reports Marc Stein of ESPN. Cleveland is interested in freeing up cap space by shedding Jack’s contract, which is guaranteed through 2015/16, in favor of Thornton’s expiring pact, says Stein, who adds that Brooklyn is among the few teams in the league undeterred from acquiring Jack’s extended deal.

Jack signed a $25MM contract with the Cavs last summer after a successful 2012/13 campaign in which he came off the bench behind Stephen Curry for the Warriors. His 2013/14 season was a disappointing one however, as the point guard shot just 41% from the floor and posted a career-low 11.5 PER.

Thornton was acquired by the Nets at last season’s trade deadline, and he proved to be a valuable asset for Brooklyn, averaging 12.3 points per night in just 23.8 minutes per contest. He’s set to enter free agency after the 2014/15 season.

According to Stein, the Nets fear they’ll lose free agent-to-be Shaun Livingston this offseason after a year in which the often-injured point guard exceeded expectations on a minimum-salary contract, and the club is looking to replace his production by acquiring Jack from the Cavs. Brooklyn, deep in the luxury tax, would only be able to offer Livingston a three-year deal in the neighborhood of $10MM using the taxpayers mid-level exception. The Timberwolves are one team rumored to be interested in Livingston that can make a more lucrative offer.

And-Ones: Crawford, Hayward, 76ers

With a logjam at the guard spots and limited payroll flexibility, the Warriors are willing to help Jordan Crawford find his next team with a sign-and-trade deal, a source tells Marc J. Spears of Yahoo Sports. The source added that the former Xavier guard has drawn interest from the Bulls, Mavericks, Lakers, Knicks, and Nets (Twitter links).

You can find more of tonight’s miscellaneous news and notes below:

  • The Hornets were pleased with their meeting with Gordon Hayward today, but the Jazz maintain that they’ll match any offer sheet for the 24-year-old forward, tweets NBA.com’s David Aldridge.
  • 76ers GM Sam Hinkie said that he’s involved in plenty of conversations, but not as many as the media has been reporting, writes Keith Pompey of The Philadelphia Inquirer. Hinkie doesn’t think the addition of a high-profile guard will hurt Michael Carter-Williams‘ confidence, adding that the 2013/14 Rookie of the Year is the team’s point guard of the future.
  • Dwyane Wade and Chris Bosh will not be in attendance during LeBron James‘ meeting with Pat Riley tomorrow, a source tells Zac Jackson of FOX Sports Ohio.
  • ESPN’s Marc Stein says he’s been strongly advised to dismiss rumblings that Nike has purchased billboards in Cleveland in anticipation for LeBron’s eventual free agency decision; however, It doesn’t mean that LeBron has ruled out a return to the Cavaliers either (Twitter links).
  • Former Jazz head coach Tyrone Corbin will join the Kings as an assistant coach, a source tells Aaron Falk of the Salt Lake Tribune. A week ago, we relayed that Corbin was set to interview for a spot on Michael Malone’s coaching staff.
  • Nik Stauskas is slated to sign his rookie deal with Sacramento today, tweets Jason Jones of the Sacramento Bee.
  • Timberwolves president/head coach Flip Saunders admits that he should have sent Chase Budinger to the D-League last season for a rehab assignment last season, noting that the swingman’s return from knee surgery has been a tough transition (Twitter link via Nate Sandell of 1500 ESPN).
  • The Knicks added Joshua Longstaff and Rasheed Hazzard to Derek Fisher‘s coaching staff, notes Jonah Ballow of NYKnicks.com. Longstaff was previously a Thunder assistant,  while Hazzard formerly worked for the Lakers.
  • Former Oakland star Travis Bader signed a deal with ASVEL in France but would be allowed to opt out of his contract if he can make an NBA roster, writes Brian Calloway of the Detroit Free Press.

And-Ones: Union, Celtics, Blatche, Diawara

The players union is worried that teams like the Heat are trying to strong-arm players into making financial sacrifices by triggering hard caps with the use of the non-taxpayer’s mid-level and bi-annual exceptions, as Grantland’s Zach Lowe explains. Clubs can’t exceed the tax apron, the line $4MM above the tax threshold, if they use either the larger mid-level or the bi-annual. Ron Klempner, the interim executive director for the union, argues that such teams can eschew those exceptions and find ways that don’t trigger a hard cap to accommodate contracts for the players they want.

“Teams are being exposed for what they are doing,” Klempner told Lowe. “It has been laid bare. They are hiding behind the rules. Teams like the Heat have the ability to bring back all their players, and give them raises, but they are choosing to go in another direction.”

Here’s more from around the league:

Timberwolves Sign Zach LaVine

2:06pm: The Wolves have officially signed LaVine, the team announced (Twitter link).

11:28am: LaVine indeed signed for the standard 120% of the rookie scale, Wolfson tweets.

11:16am: No. 13 overall pick Zach LaVine has signed his rookie scale contract with the Wolves, reports Darren Wolfson of 1500 ESPN Twin Cities (Twitter link). He’s likely receiving nearly $2.056MM for the coming season, assuming he signed for the standard 120% of the rookie scale, as our table of salaries for this year’s first-round picks shows.

There were conflicting reports that Minnesota had given LaVine a promise that they would select him 13th, though the 6’6″ UCLA shooting guard wound up with the Wolves regardless of whether it was preordained. He was one of three players from his school to go in this year’s first round, as Jordan Adams followed at No. 22 to the Grizzlies and the Spurs spent the 30th pick on Kyle Anderson.

LaVine, 19, averaged 9.4 points and shot 37.5% from three-point range in 24.4 minutes per game during his freshman season with the Bruins this year. He’s a raw prospect who’ll require patience from the Wolves, as Eddie Scarito of Hoops Rumors detailed.

Eastern Notes: Love, Rondo, Stephenson

The Celtics and Timberwolves haven’t spoken in more than a week about a Kevin Love trade, two sources tell Steve Bulpett of the Boston Herald. Three GMs tell Bulpett that if the Celtics changed gears and attempted to trade Rajon Rondo, they would have a hard time finding full value for him on the trade market at present, though it’s unclear precisely why. There’s more on the C’s from Bulpett’s piece amid the latest from the Eastern Conference:

  • The Celtics have yet to contact Lance Stephenson or agent Alberto Ebanks, according to Bulpett, despite Monday’s report that the C’s had interest.
  • The Hornets and Wizards are the front-runners for Kris Humphries while the Celtics seem like they’re removing themselves from the pursuit, a source tells Gary Washburn of The Boston Globe (Twitter link).
  • A source tells Ben Standig of CSNWashington.com that Garrett Temple isn’t weighing any offer from the Heat. A Monday report indicated that the point guard was leaning toward signing with Miami.
  • The Pistons have jumped into the running for Brian Roberts, tweets Michael Scotto of SheridanHoops, who reiterates his earlier report that the Grizzlies are interested, too.
  • The Heat‘s path to signing Carmelo Anthony would be complex and hard to configure financially, as Ken Berger of CBSSports.com details, while Mark Deeks of ShamSports, writing for Hoop365, outlines a much more palatable scenario that lands ‘Melo with the Bulls.
  • The Knicks have officially named Kurt Rambis as the team’s lead assistant coach, the team announced. Ian Begley of ESPNNewYork.com first reported the deal, and Marc Berman of the New York Post reported that the Knicks offered four years at an annual salary of $1.2MM to lure him from his job as a Lakers assistant coach.

Eastern Notes: Hamilton, Anthony, Deng

Justin Hamilton is mulling a guaranteed two-year contract from a team in Zagreb, reports Ira Winderman of The Sun Sentinel. Hamilton is signed to a non-guaranteed contract with the Heat for 2014/15. Hamilton has an unusual contract in that he is scheduled to make a base salary of $816,482, and if he is not waived before August 1st $408,241 becomes guaranteed, and if he’s not waived by December 1st, then $612,362 of that contract becomes guaranteed. You can check out our Schedule of Contract Guarantee Dates for more info on Hamilton and non-guaranteed contracts throughout the league.

More from the east:

  • Carmelo Anthony is expected to make a decision where he will be playing next season shortly, perhaps within the next 24 hours, reports Fred Kerber of The New York Post.
  • Luol Deng sat down with the Heat‘s Pat Riley today to discuss the possibility of Deng bringing his talents to South Beach, reports Chris Broussard of ESPN.com. The meeting was described as “preliminary,” and Deng reportedly will not take a salary significantly below his market value, believed to be above $10MM per season, to sign with the Heat.
  • Danny Ainge hasn’t given up on trying to work out a trade that would bring Kevin Love to the Celtics, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link).

Free Agent Rumors: Bosh, LeBron, ‘Melo

So far today we’ve heard that Devin Harris struck a deal to remain in Dallas, while the Bucks are trying to find a way to pry one of Eric Bledsoe or Greivis Vasquez away from their respective clubs. Let’s have a look at even more happenings around the free agency front:

  • Chris Bosh is the key to keeping the Big Three together in Miami, writes Ken Berger of CBSSports.com. Unfortunately for the Heat, there are rumblings around the league that Bosh might actually prefer to take a max-salary contract elsewhere rather than stay in Miami for a discount.
  • At this point, some teams actually believe LeBron James is more likely to leave the Heat than Carmelo Anthony is to depart from the Knicks, passes along Marc Stein of ESPN.com (via Twitter).
  • A source tells K.C. Johnson of the Chicago Tribune that the Bulls would hope to engage the Lakers in sign-and-trade possibilities should they get a verbal commitment from Pau Gasol.  The Bulls would dangle the expiring $16.8MM contract of Carlos Boozer and likely would have to include sweeteners, possibly in the form of draft picks.
  • If ‘Melo re-signs with the Knicks, expect Phil Jackson to make a run at trading for Kevin Love, tweets Darren Wolfson of 1500 ESPN.  Still, Wolfson doesn’t see a good match between the Wolves and Knicks.

Zach Links contributed to this post.

And-Ones: Gasol, Knicks, Lakers, Marion

There won’t be a decision from Pau Gasol anytime soon as to where he will be signing, reports David Aldridge of NBA.com. This is despite the pleas and pitches he has received from Carmelo Anthony and numerous teams, notes Aldridge.

More from around the league:

Northwest Notes: Jazz, Blake, Humphries

The Thunder have jumped into the race for Pau Gasol, and while there’s conflicting information about just how strong their chances are of landing him, it seems Oklahoma City is taking a more aggressive posture than in years past to try to upgrade its team. Here’s more from around the Northwest Division:

  • Negotiations between the Jazz and Kent Bazemore have moved beyond the preliminary stage, but the team and the Austin Walton client aren’t close to a deal, tweets Dave McMenamin of ESPNLosAngeles.com. Alex Kennedy of Basketball Insiders first reported Utah’s interest.
  • The Blazers have had preliminary talks about a deal with Steve Blake, who’d love to play in Portland again, sources tell Chris Haynes of CSNNW.com. The team and the Joel Bell client are expected to continue the talks, Haynes adds.
  • The Timberwolves were set to speak with the agent for free agent Dante Cunningham on Wednesday, but while the fellow client of Joel Bell has interest in re-signing with the team, the Wolves don’t necessarily feel the same way, observes Darren Wolfson of 1500 ESPN Twin Cities. (Twitter links).
  • The Wolves have interest in signing Kris Humphries to a one-year deal, according to Wolfson and Bleacher Report’s Jared Zwerling (Twitter link).
  • Markel Starks, who went undrafted out of Georgetown last month, will play on the Wolves summer league team, in addition to doing the same with the Pistons, reports Zach Links of Hoops Rumors (Twitter link).

Western Rumors: Suns, Love, Miller, Miles

The Suns have spoken with Pau GasolTrevor Ariza, Luol Deng, Spencer Hawes, Danny Granger, Ed Davis, Marvin Williams, Josh McRoberts, Gordon Hayward, Chandler Parsons, Isaiah Thomas and Patrick Patterson, reports Paul Coro of the Arizona Republic. Still, Coro cautions that they aren’t necessarily interested in all of them. Phoenix also made contact with Eric Bledsoe, P.J. Tucker and Channing Frye on the first day of free agency, Coro adds. Here’s more from the West, including a Kevin Love update:

  • The Wolves are indeed insisting that the Warriors take back Kevin Martin in any trade involving Love, a source tells Tim Kawakami of the Bay Area News Group (Twitter link). Minnesota is also holding firm on its insistence that Klay Thompson be a part of the Warriors’ package, tweets Jon Krawczynski of The Associated Press.
  • The Clippers, Nuggets, Rockets, Thunder and the incumbent Grizzlies are among the teams pursuing Mike Miller, tweets Ronald Tillery of The Commercial Appeal. He’ll allow the Grizzlies to make a final push before he makes his decision, and while he said on Sports56 radio in Memphis that he’s received at least five offers, he added that his heart is in Memphis, as Tillery notes (Twitter link).
  • The Thunder and C.J. Miles had mutual interest before he agreed to sign with the Pacers, but Oklahoma City wasn’t willing to have the contract go quite as long as the four years that Indiana gave him, as The Oklahoman’s Darnell Mayberry tweets. The Thunder are believed to be limiting their new contracts this summer to two years with Kevin Durant‘s potential free agency looming in 2016, Mayberry adds (on Twitter).
  • The Clippers have reached out to unrestricted free agent Ed Davis, reports Brad Turner of the Los Angeles Times (Twitter link).
  • The Jazz are among several teams interested in Kent Bazemore, according to Alex Kennedy of Basketball Insiders (on Twitter).