Pelicans Rumors

Pelicans Sign Dejean-Jones To Three-Year Deal

FRIDAY, 10:06am: The signing is official, the team announced via press release. The move, coupled with the waiver of Jarnell Stokes, gives New Orleans 15 players.

THURSDAY, 8:09pm: The Pelicans are finalizing a multiyear arrangement with free agent shooting guard Bryce Dejean-Jones, Shams Charania of The Vertical on Yahoo Sports reports (via Twitter). It will be a three-year deal that includes a partial guarantee for next season, Charania notes. This implies that Dejean-Jones’ salary for 2017/18 will be non-guaranteed. Scott Kushner of The New Orleans Advocate was the first to relay that New Orleans was in line to ink Dejean-Jones.

The second 10-day deal that Dejean-Jones signed with the Pelicans expired last week, leaving New Orleans no other option but to sign him for the remainder of the season if it wished to retain him, given that teams are only permitted to sign players to two 10-day contracts per season. The Lakers, Grizzlies, Jazz, Spurs and Suns also reportedly checked in on Dejean-Jones, though it is unclear if any of those teams made him a formal contract offer.

Dejean-Jones is averaging 6.3 points and 3.5 rebounds in 19.9 minutes per game this season, having made 10 of his 26 3-point attempts. New Orleans had originally signed him in August to a deal for training camp that included a $50K partial guarantee for this season, but Dejean-Jones didn’t make the opening night roster. He appeared in nine games for Utah’s D-League affiliate before the Pelicans signed him in January to the first of his 10-day pacts.

New Orleans is using its mid-level exception to accommodate the deal, since the team is over the cap and thus otherwise limited to handing out contracts of no more than two years in length. It’ll be the fourth contract, and the second for Dejean-Jones, that the Pelicans will have crammed into their mid-level. The others are Dante Cunningham‘s three-year, $8.395MM deal, Alonzo Gee‘s two-year, $2.699MM pact, and Dejean-Jones’ preseason contract.

Pelicans Acquire Jarnell Stokes From Heat

1:17pm: The Heat traded Jarnell Stokes and a little more than $700K in cash to the Pelicans for New Orleans’ top-55 protected 2018 second-round pick. It’s a money saving move for the Heat, even though they’re the ones relinquishing cash. It offloads the team’s remaining salary commitment to Stokes and lowers the team’s projected tax hit by about $2.1MM. Miami wound up wiping out its entire projected tax bill in the Brian Roberts trade. New Orleans is contemplating a buyout with Stokes, according to Scott Kushner of The New Orleans Advocate (Twitter links).

Stokes is making the minimum salary of $845,059, with a non-guaranteed minimum salary for next season also on his contract. The power forward who went 35th overall in the 2014 draft originally signed a three-year deal with the Grizzlies, who traded him and that contract to the Heat in the Mario Chalmers swap this past November. It’s because he’s on a three-year deal that the Pelicans can’t absorb him using the minimum-salary exception, which is just for two-year deals. The same is true of the disabled player exception they have for relief from Quincy Pondexter‘s injury, which is just for a one-year deal. Thus, the Pelicans took him into the $947,276 trade exception they created in December when they offloaded Ish Smith, according to Eric Pincus of Basketball Insiders (on Twitter), reducing its value to a virtually unusable $102,217.

The Heat meanwhile create a new trade exception equivalent to the $845,059 salary for Stokes, as Pincus points out. Miami seemingly had little use for the power forward who appeared for a total of only 14 minutes across five games at the NBA level while a member of the Heat. He meanwhile logged 494 minutes in 16 D-League contests on assignment to Miami’s affiliate. He spent enough time with the Sioux Falls Skyforce that he was named a D-League All-Star.

Zach Lowe of ESPN.com reported that the Heat had traded Stokes (Twitter link), and Shams Charania of The Vertical on Yahoo Sports revealed that he was going to the Pelicans (on Twitter). Ira Winderman of the Sun Sentinel tweeted that a highly protected draft pick was going Miami’s way, with Barry Jackson of the Miami Herald adding that it’s a second-rounder (Twitter link). RealGM provided pick specifics. Marc Stein of ESPN.com reported the cash involved (via Twitter).

Western Rumors: Anderson, Rockets, Lakers

The price New Orleans has set for Ryan Anderson is “exorbitant,” tweets Jason Lloyd of the Akron Beacon Journal. The Cavs were one of several teams linked to having interest in acquiring Anderson, who is set to be a free agent this summer. Anderson is expected to attract a salary starting at $16MM-$18MM when he hits the market this summer. It’s interesting to note how much the Pelicans are asking for Anderson because they aren’t even sure if they can keep him beyond this season.

Here is more trade deadline news from the Western Conference:

And-Ones: Johnson, Celtics, Pelicans, Lee

The Cavaliers think would-be post-buyout target Joe Johnson wants to stay in Brooklyn and that he’ll seek to sign an extension with the Nets, a source told Dave McMenamin of ESPN.com. People around Johnson say he won’t take a buyout, tweets Steve Kyler of Basketball Insiders.

There’s more from around the basketball world as the trade deadline approaches:
  • The Celtics are willing to trade the unprotected 2016 first-round pick they have coming their way from the Nets if it would shake Blake Griffin loose from the Clippers, sources tell Steve Bulpett of the Boston Herald. However, Boston wouldn’t deal the pick for either Kevin Love or Al Horford, Bulpett hears.
  • The Pelicans shopped Eric Gordon and Omer Asik, but they haven’t found much interest, sources tell John Reid of The Times Picayune. New Orleans reportedly offered Gordon and Alonzo Gee to the Kings for Rudy Gay earlier this season, and the Pelicans apparently had talks with the Cavs that involved Asik after making him available in December.
  • The Grizzlies shipped $542,714 cash to the Hornets as part of the Courtney Lee tradeEric Pincus of Basketball Insiders reveals.
  • Jameer Nelson is running out of alternatives to season-ending surgery on a severely sprained left wrist, but he’ll continue to try to play for the time being after receiving an injection meant to ease the pain he’s feeling, as Christopher Dempsey of The Denver Post details. He missed the Nuggets‘ last six games before the All-Star break.
  • The Bulls were interested in Trevor Ariza and Corey Brewer earlier this season, but the Rockets rebuffed their entreaties, reports Vincent Goodwill of CSNChicago.com (Twitter link).
  • The Pistons would love to make one more move before the trade deadline, GM Jeff Bower said today in an appearance on WDFN-AM radio, notes Rod Beard of The Detroit News (Twitter link). The team is reportedly scanning the market for veteran guards, but Bower said the Pistons are looking at the options available at every position and added that coach/executive Stan Van Gundy has confidence in Steve Blake as the team’s backup point guard, Beard also relays (on Twitter).
  • The Grizzlies recalled James Ennis from the team’s D-League affiliate in Iowa, the team announced today. Ennis has appeared in 15 games with the Energy, averaging 16.7 points, 5.7 rebounds and 2.6 assists per night. He has played in 10 games for Memphis, averaging 1.3 points in 3.6 minutes.

Chuck Myron contributed to this post.

Cavaliers Interested In Ryan Anderson

10:27pm: The Wizards have talked with the Pelicans about acquiring Anderson, but prefer to pursue Kevin Durant rather than pay Anderson in free agency, according to Adrian Wojnarowski of The Vertical on Yahoo Sports. Anderson is expected to attract a salary starting at $16MM-$18MM when he hits the market this summer, and Washington would rather chase Durant without having to worry about Anderson.

Wojnarowski also reports that the Pistons and Pelicans had “serious talks” about Anderson before Detroit opted to trade for Tobias Harris on Tuesday. Detroit was interested in a larger deal with the Magic that included Evan Fournier, but Orlando wanted to keep him.

3:39pm: The Cavaliers are talking to the Pelicans about power forward Ryan Anderson, tweets Frank Isola of The New York Daily News. He adds that a three-team deal that includes Kevin Love is still possible. Cleveland has “strong interest” in acquiring Anderson, tweets Marc J. Spears of Yahoo Sports.

The Pelicans are motivated to move Anderson because they aren’t sure if they can keep him once he enters free agency this summer. New Orleans expects Anderson to receive an offer with a starting salary in the neighborhood of $16MM-$18MM. The Heat, Kings, Wizards and Pistons are among the teams rumored to have interest in Anderson, although Detroit may have pulled out after Tuesday’s trade for Tobias Harris.

If Love is included in a deal, it will end a tumultuous season and a half with the Cavaliers. After being acquired from Minnesota in a 2014 trade, Love was supposed to be part of a new Big Three in Cleveland, but the fit was never as smooth as expected. He posted scoring and rebounding totals that were far behind his numbers with the Wolves.

Anderson, an eight-year veteran stretch forward, is averaging 16.7 points and 5.9 rebounds in 51 games with New Orleans. His salary is $8.5MM this season, while Love is making $19.5MM in the second season of a five-year max deal, so if they’re both involved in the same trade, some work will need to be done to match salaries.

Cavs Expected To Keep Love, Shumpert, Varejao

Despite a flurry of last-minute trade rumors, the most likely outcome is that Kevin Love, Iman Shumpert and Anderson Varejao all stay with Cleveland past the deadline, according to Jason Lloyd of The Akron Beacon Journal. Lloyd adds that a minor deal is possible to improve the back end of the Cavs’ rotation.

That would be a blow to the Celtics’ dreams of adding Love in a rumored three-way deal with the Pelicans. It would also mean that Varejao isn’t headed to Orlando in exchange for Channing Frye, perhaps clearing the way for the Magic to ship Frye to the Clippers.

Lloyd writes that the Cavaliers want to take another shot at winning a title with Love and are reluctant to give up Shumpert, who is the team’s best perimeter defender. They have been trying for most of the season to find a taker for Varejao, who still has two years and nearly $19MM in guaranteed money remaining on his contract, but have been turned down repeatedly.

Lloyd confirms Cleveland’s interest in Frye, who spent time with Cavs GM David Griffin in Phoenix, but the writer believes other teams can put together better offers. The Cavaliers also have payroll concerns, already facing about $170MM in salary and luxury tax penalties.

Clippers Also Have Interest In Ryan Anderson

The Clippers would like to be part of the Ryan Anderson sweepstakes, tweets Ben Bolch of The Los Angeles Times. However, L.A. is hampered in its pursuit because its next tradeable first-round draft pick isn’t until 2019.

Several teams have expressed interest in the Pelicans’ free-agent-to-be power forward, with the latest being the Cavaliers. A three-way deal that would send Kevin Love to the Celtics is also being discussed. The Heat, Kings, Wizards and Pistons have also been mentioned as suitors.

The Clippers are known to be in the market for a stretch four, and were reportedly close Tuesday to acquiring Channing Frye from the Magic. Since then, Cleveland has offered Anderson Varejao to Orlando in an attempt to get Frye, but the Magic apparently plan to reject that deal.

Celtics Could Get Love In Rumored Anderson Deal

The Celtics’ desire to add Kevin Love could get a boost from the Cavaliers’ interest in Ryan Anderson, according to A. Sherrod Blakely of CSNNE. He hears from a source that Boston could wind up with Love as part of a three-team deal with Cleveland and New Orleans.

The potential deal is “very fragile,” but Love will wind up in Boston if it goes through, Blakely writes, adding that the Celtics have been trying for weeks to convince the Cavaliers to give up Love, and that Boston has been pursuing a third team to make the trade work. Celtics president of basketball operations Danny Ainge is determined to find a star and sees Love as his best opportunity in years, according to Blakely.

The possibility of a three-team deal was mentioned by Frank Isola of the New York Daily News when he tweeted about the Cavs’ interest in Anderson earlier today. Anderson averages 16.7 points and 5.9 rebounds per game, but the Pelicans are concerned that they won’t be able to re-sign him in free agency this summer. Anderson is making $8.5MM this season, while Love’s salary is $19.5MM, so several other players will have to be included to make the proposed deal possible.

Pelicans, Others In Talks With Bryce Dejean-Jones

2:12pm: The Lakers, Grizzlies, Jazz, Spurs and Suns have contacted Dejean-Jones, though they haven’t necessarily made offers, Kushner tweets.

FEBRUARY 17TH, 12:56pm: New Orleans is waiting until after the trade deadline, Kushner writes. Dejean-Jones would prefer to stay with the Pelicans instead of jumping to another team, according to Kushner, who indicates that he nonetheless wants guaranteed salary that stretches beyond this season. Dejean-Jones is seeking a two- or three-year deal, as Kushner has also reported.

FEBRUARY 11TH, 11:15am: The Pelicans are in talks with Bryce Dejean-Jones about a deal that would bring him back to the team for the rest of the season, and the rookie shooting guard is having conversations with other teams, too, reports Scott Kushner of The New Orleans Advocate (Twitter link). The second 10-day deal that Dejean-Jones signed with the Pelicans expired overnight, and while other NBA teams can sign him to 10-day contracts this year, New Orleans can no longer do so.

The 23-year-old started in eight of his 11 appearances for the banged-up Pelicans, who are missing Eric Gordon and Tyreke Evans because of injuries. Gordon is due back shortly as he recovers from the broken right ring finger he suffered last month, but conflicting reports exist about whether Evans will miss the balance of the season. Quincy Pondexter’s left knee forced him out for the season in January.

Dejean-Jones is averaging 6.3 points and 3.5 rebounds in 19.9 minutes per game, having made 10 of 26 3-point attempts. His connection with the Pelicans dates to the summer league this past July, shortly after he went undrafted out of Iowa State. New Orleans signed him in August to a deal for training camp that included a $50K partial guarantee, but he didn’t make the opening night roster. He appeared in nine games for the D-League affiliate of the Jazz before the Pelicans signed him in January to the first of his 10-day pacts.

The Pelicans already have 14 players under contract through at least the end of the season, so re-signing Dejean-Jones would leave the team without a flexible roster spot. New Orleans has one more game before the All-Star break, tonight at Oklahoma City, and its next game isn’t until February 19th, one day after the trade deadline.

Bucks Talk With Pelicans About Monroe, Eye Teague

WEDNESDAY, 10:43am: Teams that have called the Bucks about Monroe aren’t gaining traction in talks, according to USA Today’s Jeff Zillgitt, who heard from one source who said no chance exists that the big man will end up in a trade. At least one other source also told Zillgitt that Monroe won’t be traded.

5:08pm: New Orleans and Milwaukee have had only exploratory talks, sources tell John Reid of The Times Picayune, who nonetheless hears from league sources that Monroe, a New Orleans native, would prefer to play for his hometown Pelicans.

TUESDAY, 8:58am: The Bucks have had a dialogue with the Pelicans about Greg Monroe and are one of a handful of teams that have been “kicking the tires on” Hawks point guard Jeff Teague, reports Zach Lowe of ESPN.com. Monroe is obtainable if a team gives Milwaukee a “decent” first-round pick, according to Lowe, but the Pelicans have been reluctant to part with their 2016 first-rounder even if protection for the top few picks is involved, sources tell Lowe. New Orleans has dealt its first-round pick three years in a row.

New Orleans is keen on pairing Anthony Davis with a “bruiser” up front, but opposing teams are confused about whether whether executive vice president of basketball operations Mickey Loomis or GM Dell Demps has control over the front office, Lowe hears. Loomis has been exerting greater control lately, but executives from other teams told Ken Berger of CBSSports.com recently that they believe that’s only a temporary situation, with former Pistons president of basketball operations Joe Dumars a strong candidate to take over the Pelicans front office.
A confused narrative exists about whether the Bucks would give up Monroe. Fellow ESPN scribes Marc Stein and Brian Windhorst reported Monday that the offseason signee wasn’t available, conflicting with an initial report from Gery Woelfel of The Journal Times that he could be had for the right offer. Both reports agreed that the team was open to dealing Michael Carter-Williams, and the team is unconvinced that he’s the long-term answer at point guard, league sources tell Lowe. Thus, Milwaukee joins a group of suitors for Teague that various reports say includes the Jazz, Knicks, Pacers, CelticsSixers and Magic. I touched on what then only appeared to be speculation about Milwaukee and Teague as I examined the point guard’s trade candidacy last month.