- According to Kyler, the Pelicans are seeking backcourt depth, having eyed Ty Lawson and Lance Stephenson recently, and the backcourt may not just be a short-term concern. With Jrue Holiday and Tyreke Evans entering contract years, it seems unlikely that they’ll both still be on New Orleans’ roster a year from now, particularly since both players have had health issues.
[SOURCE LINK]
AUGUST 31: The Kings have officially signed Lawson, the team announced today in a press release. According to a report from CSNCalifornia.com, the point guard’s one-year deal isn’t guaranteed, so the team won’t be on the hook for his full salary if he’s cut before January 10.
AUGUST 28: The Kings have reached an agreement with free agent point guard Ty Lawson, reports Adrian Wojnarowski of The Vertical (via Twitter). According to Wojnarowski, Sacramento is signing Lawson to a one-year contract for the coming season.
Lawson visited the Kings on Saturday and ultimately decided to sign with the team despite having also received “serious interest” from the Pelicans, tweets Wojnarowski. The 28-year-old has seen his career trajectory change significantly within the last couple years, after he was arrested multiple times on DUI charges and spent time in rehab.
A 2009 first-round pick, Lawson became the Nuggets’ full-time starting point guard during the 2011/12 season, and averaged 16.4 PPG to go along with 8.0 APG over the next four years. However, Denver sent him to the Rockets last July, and Houston subsequently waived him. Over the course of the 2015/16 season, Lawson appeared in 66 total regular-season games, averaging 5.7 PPG and 3.6 APG in part-time roles for the Rockets and the Pacers, who signed him late in the season.
[RELATED: Sacramento Kings’ depth chart at RosterResource.com]
The Kings had been on the lookout for point guard help this offseason, having lost Rajon Rondo in free agency. Rondo’s departure left Darren Collison as the team’s de facto starter at the point, but Collison is facing domestic violence charges, which could eventually lead to a suspension depending on how the case plays out.
While Sacramento added Garrett Temple in free agency and Isaiah Cousins in the draft, Temple is more of a combo guard than a pure point guard, and Cousins was a late second-rounder who has yet to sign a contract.
The terms of Lawson’s contract aren’t yet known. Sacramento doesn’t have any cap room left, but the team has yet to use its $2.898MM room exception. So the veteran point guard could either get a minimum-salary deal or something slightly larger, if the Kings dip into that room exception.
Photo courtesy of USA Today Sports Images.
- The Pelicans have been aggressively trying to add one of the higher profile free agent guards remaining on the market, Steve Kyler of Basketball Insiders tweets. Swingman Lance Stephenson is reportedly going to work out for New Orleans in the near future, and the team had been in contact with Lawson prior to his signing with Sacramento.
Free agent wing Lance Stephenson will work out for the Pelicans, reports Brett Dawson of The Advocate (via Twitter). It’s not yet clear when that workout will take place, or how serious New Orleans’ interest in Stephenson is.
The Pelicans still appear to monitoring the free agent market closely, despite having 15 players with guaranteed salaries on their roster. An earlier report indicated that the team was preparing to meet with Ty Lawson this week before the veteran point guard received – and accepted – a contract offer from the Kings.
Stephenson, who turns 26 next Monday, spent the first four years of his NBA career in Indiana, and enjoyed a breakout year for the Pacers in 2013/14, averaging 13.8 PPG, 7.2 RPG, and 4.6 APG, while shooting .391/.352/.711. However, he has regressed over the last two years, failing to find an ideal role during stints with the Hornets, Clippers, and Grizzlies.
Stephenson’s end-of-season run in Memphis this past year was the best he had looked since his Indiana days, as he earned consistent minutes on an injury-plagued Grizzlies squad and averaged 14.2 PPG, 4.4 RPG, and 2.8 APG. Still, he doesn’t appear to have received much NBA interest this summer, with one report this month suggesting he may end up playing overseas. Gary Washburn of The Boston Globe, the author of that report, wrote that Stephenson has the talent to play in the NBA, but his personality may be scaring teams away.
[RELATED: New Orleans Pelicans’ depth chart at RosterResource.com]
The Pelicans currently have Langston Galloway, Buddy Hield, E’Twaun Moore, and Tyreke Evans on tap to earn minutes at the two, while Solomon Hill, Alonzo Gee, and Quincy Pondexter are expected to be in the mix at the three. Of course, many of those players are capable of playing other positions or may not see a ton of playing time, so there still could be room on the wing for Stephenson.
After visiting the Kings on the weekend, free agent point guard Ty Lawson had planned to meet with Pelicans officials early this week, according to Adrian Wojnarowski of The Vertical. However, Lawson ultimately cancelled that meeting when Sacramento made a contract offer, which he accepted.
Within his initial report on Lawson’s deal with the Kings, Wojnarowski noted that the Pelicans had “serious interest” in the 28-year-old. Lawson has significant upside, but is coming off the worst season of his career and has dealt with off-field problems in recent years, as he was arrested multiple times on DUI charges and spent time in rehab.
The Pelicans are currently poised to enter the season with Jrue Holiday as their starting point guard and Tim Frazier backing him up. Other backcourt players, such as Tyreke Evans and Langston Galloway, could occasionally handle the ball, but aren’t really point guards. As such, Lawson probably would have had to battle Frazier for the No. 2 spot on the point guard depth chart if he had landed in New Orleans.
[RELATED: New Orleans Pelicans’ depth chart at RosterResource.com]
The path to playing time might be a little simpler for Lawson in Sacramento, where Rajon Rondo is no longer manning the point. Darren Collison looks like the Kings’ starter, with Garrett Temple backing him up. However, Collison is facing domestic violence charges and Temple – while capable of playing the point – isn’t really a pure point guard.
Terms of Lawson’s new deal with the Kings aren’t yet known, but it will be interesting to see if Sacramento offered him more money than New Orleans would have been able to, in order to convince him to cancel that meeting. The Pelicans used most of their $2.9MM room exception on Frazier, and would have had to offer Lawson a minimum-salary deal, while the Kings still have their full room exception available.
- December 8th has been set as the trial date for a suit filed by Tom Benson involving ownership of the Pelicans and Saints, according to Katherine Sayre of the Times-Picayune. The 89-year-old Benson sued last year to take ownership of the teams out of trust funds for his daughter and two grandchildren. In January of 2015, after a falling out with his heirs, Benson said he wanted to grant full ownership of the Pelicans and Saints to his wife, Gayle Benson. The move was blocked by attorneys who served as trustees for the trust funds. The trusts include 95% ownership of the Pelicans and 60% ownership of the Saints. The judge in the case has urged both sides to try to reach a settlement before the trial date.
- New Pelicans power forward Terrence Jones can’t wait to reunite with former Kentucky teammate Anthony Davis, tweets Brett Dawson of The New Orleans Advocate. “It’s amazing. The chemistry is just a winning vibe, and I’m very excited,” said the former Rocket, who signed with the Pelicans last month. “We’ve worked out this summer together and really are focused on setting goals and completing them. We really want to make it to the playoffs, and whatever we do in there, we think, is destiny. It’s going to be a great experience.” (Twitter link.)
With the free agent signing period winding down and teams looking ahead to the preseason, we at Hoops Rumors will be tracking the Salary Cap figures for each team around the league. These posts will be maintained throughout the season once financial data is reported. They will be located on the sidebar throughout the year, once all the teams’ cap figures have been relayed. You can always check RosterResource.com for up-to-date rosters for each franchise, with the Pelicans’ team page accessible here.
Here’s a breakdown of where the Pelicans currently stand financially:
Guaranteed Salary
- Anthony Davis —$22,116,750
- DeMarcus Cousins —$16,957,900
- Solomon Hill —$11,709,603 [Year-end cap hit adjusted due to bonus]
- Jrue Holiday —$11,286,518
- Omer Asik —$9,904,494
- E’Twaun Moore —$8,081,363
- Alexis Ajinca —$4,638,203
- Quincy Pondexter —$3,617,978
- Dante Cunningham —$2,978,250
- Omri Casspi —$2,963,814 [Waived by team]
- Tim Frazier —$2,090,000
- Alonzo Gee —$1,400,000 [Waived by team]
- Terrence Jones —$980,431 [Waived by team; Actual Salary — $1,050,961]
- Lance Stephenson —$584,766 [Waived by team; Pelicans paid non-guaranteed salary until he recovered from groin surgery]
- Donatas Motiejunas —$576,724 [Actual Salary — $618,212]
- Cheick Diallo —$543,471
- Reggie Williams —$180,483 [Waived by team]
- Jordan Crawford — $173,099
- Anthony Brown —$108,043 [Waived by team]
- Archie Goodwin —$95,595 [Waived by team]
- Hollis Thompson — $57,672 [10-day contract (Feb 23); actual salary — $59,747]
- Jarrett Jack — $57,672 [10-day contract (Feb 24); actual salary — $91,274]
- Reggie Williams — $57,672 [10-day contract (Feb 25); actual salary — $72,193]
- Hollis Thompson — $57,672 [10-day contract (Mar 6); actual salary — $59,747]
- Jordan Crawford — $57,672 [10-day contract (Mar 6); actual salary — $61,821]
- Wayne Selden — $31,969 [10-day contract (Mar 8)]
- Quinn Cook — $31,969 [10-day contract (Mar 19)]
- Quinn Cook — $31,969 [10-day contract (Mar 29)]
- Axel Toupane —$25,725
- Quinn Cook — $15,984
Total Guaranteed Salary= $101,413,461
Cash Sent Out Via Trade: $0 [Amount Remaining $3.5MM]
Cash Received Via Trade: $400K received from Heat in Luke Babbitt trade [Amount Remaining $3.1MM]
Payroll Exceptions Available
- Trade Exception — $3,517,200 (Buddy Hield trade) — Expires on 2/20/18
- Room Exception — $808,000 remaining [Used $2,090,000 to sign Tim Frazier]
Total Projected Payroll: $101,413,461
Salary Cap: $94,143,000
Estimated Available Cap Space: –$7,270,461
Luxury Tax Threshold: $113,287,000
Amount Below Luxury Tax: $11,873,539
Last Updated: 4/15/17
The Basketball Insiders salary pages and The Vertical’s salary database were used in the creation of this post.
- Stephen Jackson, another longtime NBA veteran attempting to make an NBA comeback, also appeared on SiriusXM NBA Radio this week (SoundCloud link). Jackson suggested he has “a good two years left” and named the Knicks, Bulls, and Pelicans as a few teams that would interest him. “I’m not one of those guys chasing the ring,” Jackson said. “I have one, so I’m really not one of those guys that’s looking to be a part of a championship team and try to steal a ring and not really earn it. … I just want to play basketball and do what I love to do.”
E’Twaun Moore, who was one of the first players to commit when free agency began July 1st, chose the Pelicans because he wanted a team where he could make a difference, relays Alex Kennedy of Basketball Insiders. After being with three teams in his first five seasons, the combo guard now has the security of a four-year, $34MM contract with New Orleans. “I definitely wanted to play more minutes and make an impact, helping my team win,” Moore said. “And they’re a team that is, of course, going in a positive direction. They’re a team that’s trying to win. They have a good group of guys; they made the playoffs two years ago and I think they would have made it last year if it weren’t for all the injuries. I think we can get back into playoff contention and that’s another reason I signed.” Moore has a chance to compete for a starting job in the Pelicans’ backcourt with Eric Gordon gone to Houston.
- Shawn Dawson understands the odds as he competes for a roster spot with the Pelicans, tweets Brett Dawson of The New Orleans Advocate. The Israeli swingman accepted a camp invitation from New Orleans earlier this month. “They explained the whole situation,” he said. “I know that it’s a tough situation to get a contract when there’s 15 guaranteed already, but things happen. I believe in myself and I feel they like me. I know that they like me.”
Mike Krzyzewski desperately wants to win his final game as coach of Team USA, writes Ailene Voisin of The Sacramento Bee. Krzyzewski demonstrated he is putting victory over player egos by pulling DeMarcus Cousins from the starting lineup in Friday’s semifinal against Spain and inserting defensive specialist DeAndre Jordan. Voisin also suggests that the closeness of many of this year’s game displays the need for a different philosophy in picking players. Krzyzewski, whose team will face Serbia in Sunday’s gold medal game, has an 82-1 record and two gold medals since taking over as Team USA coach in 2005. Spurs coach Gregg Popovich will assume control of the team after the Olympics are done.
There’s more tonight from around the world of basketball:
- Former D-League All-Star Eric Griffin, who will reportedly play in Israel next season, has a buyout clause that allows him to sign with an NBA team, tweets Ian Begley of ESPN.com. Griffin was recently cleared of an attempted murder charge in Florida, and his agent contends the case cost him a chance to play in the summer league.
- Ben Simmons is the rookie most likely to make an impact in the NBA from the beginning, writes Jesse Blancarte of Basketball Insiders. Blancarte picks the No. 1 draft choice because of his combination of court vision, size, athleticism and opportunity. Simmons is expected to take control of the Sixers’ offense right away. Others on Blancarte’s list, in order, are the Timberwolves‘ Kris Dunn, the Sixers‘ Joel Embiid and Dario Saric and the Pelicans‘ Buddy Hield.
- After being claimed off waivers by the Kings, one of Lamar Patterson’s concerns was whether he could bring his pet alligator, according to Jason Jones of The Sacramento Bee. His mother had been watching the creature while he played for the Hawks because he couldn’t keep it as a pet in Georgia. Jones found that California only allows pet gators if a special permit is obtained.