Southwest Notes: Rockets, Terry, Mavericks
What are the Rockets‘ chances of luring free-agent-to-be Goran Dragic? As good as anyone’s, the Suns’ guard tells Jonathan Feigen of The Houston Chronicle. “Every team in the NBA is an option to me, because it is a privilege to play for any team in the NBA,” Dragic said. “When the time comes I’m going to sit down with my family and my agent and try to make the best decision for myself.” Dragic, who is expected to opt out of a $7.5MM player option and become an unrestricted free agent this summer, insists he has no resentment toward the Rockets for letting him go in 2012.
There’s much more from the Southwest Division:
- At age 37, Rockets guard Jason Terry has no thoughts of retirement, Feigen reports. “I think I can play until the age 40,” Terry said. “That’s my goal, something that I set out to do when I first came into the league. My idol is Gary Payton. He played 20 years. Hopefully I can do the same.” Terry is making nearly $6MM this season and will become a free agent in July.
- The uncertainty currently surrounding the Pelicans‘ ownership is just the latest example of the instability that has plagued the franchise, Jimmy Smith of The Times-Picayune writes. The intra-family dispute regarding who will be in charge of the team could potentially scare off prospective free agents from signing long-term deals, Smith opines. With the franchise bereft of draft choices for the immediate future, New Orleans’ growth as a team could be severely hampered as a result, Smith adds.
- Forbes valued the Mavericks franchise at $1.15 billion, good for 10th highest of any NBA team, but Mark Cuban thinks the figure is off by “about 150%,” as Corbett Smith of the Dallas Morning News details. Still, Cuban adds that any valuation is irrelevant since the team isn’t for sale.
- Cuban said former Maverick Shawn Marion can have a job with the team when his playing days are over, Smith reports in a separate story. Marion, now with the Cavaliers, said Wednesday he will retire when this season is over.
Charlie Adams contributed to this report.
Pelicans Sign Wolters To Second 10-Day Deal
SATURDAY, 11:12am: The signing is official, the Pelicans have announced via a press release.
8:58pm: Karnes has confirmed the deal via his Twitter account.
THURSDAY, 8:52pm: The Pelicans are expected to sign guard Nate Wolters to a second 10-day contract, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). The first is set to expire at the end of Friday. New Orleans will have to decide whether to keep the 23-year-old for the rest of the season at the end of his next 10 days with the team, since clubs can only sign any one player to two 10-day contracts in a single season.
Wolters has seen fewer minutes per game for the Pelicans than he did with the Bucks before they released him to sign Kenyon Martin instead, but that figures to change with New Orleans starting point guard Jrue Holiday sidelined for two to four weeks. The Pelicans have given Wolters 10.5 MPG, but the Jared Karnes client started 31 games as a rookie last season for Milwaukee.
A need at the point guard position has cropped up for the Bucks since they let Wolters go, as Kendall Marshall tore his ACL last week, knocking him out for the season. Still, Milwaukee apparently intends to keep Martin around as its 15th man, as the Bucks have reportedly agreed to a deal for the rest of the season with him, even though his second 10-day contract just began on Monday. Wolters has been occupying the 14th spot on the New Orleans roster, so the Pelicans remain flexible.
Benson Family Sues For Control Of Pelicans
Tom Benson’s daughter and two of his grandchildren have filed suit seeking control of the Pelicans and the National Football League’s Saints in response to Benson’s announcement today that his wife will control the teams upon his death, reports Jeff Duncan of The Times-Picayune. The filing in Orleans Parish Civil District Court claims the 87-year-old Benson is unfit to manage his teams and seeks to install Gayle LeBlanc, Benson’s daughter, as the executor of his sports and business affairs, with granddaughter Rita Benson LeBlanc in a secondary position, as Duncan details. Benson LeBlanc was to inherit the teams prior to Benson’s announcement earlier today. Benson grandson Ryan LeBlanc is also one of the petitioners in the suit, Duncan notes.
The suit alleges that Benson’s wife, Gayle Benson, is attempting to take advantage of her husband, and it claims that the owner’s health is in much worse shape than publicly known, according to Duncan. Tom Benson has conceded that his health has declined over the last year after two knee surgeries, as USA Today’s Jim Corbett wrote earlier today.
The Pelicans are the third-least valuable team in the NBA, according to Forbes, which released its annual survey of team values this week. Still, the franchise’s $650MM worth represents a sharp increase over last year, when Forbes pegged it at $420MM.
The Pelicans suit is reminiscent of the battle over the Clippers this past summer. Shelly Sterling successfully wrested control of the Clippers from husband Donald Sterling after claiming that he was no longer fit to manage the franchise and sold the team for $2 billion for former Microsoft CEO Steve Ballmer.
Western Notes: Holiday, Aldridge, Goodwin
Pelicans guard Jrue Holiday is expected to miss two to four weeks of action after tests revealed that he has developed a stress reaction in his lower right leg, the team has announced. The injury is in the same leg that required surgery during the 2013/14 campaign. In 37 appearances this season, Holiday is averaging 15.2 points, 3.5 rebounds and 7.1 assists in 33.7 minutes per game.
Here’s more from the Western Conference:
- Josh Davis, who was in training camp this season with the Spurs, is leaving the D-League to sign a contract with the Meralco Bolts in the Philippines, Shams Charania of RealGM reports (Twitter link). Davis has appeared in 22 games for Austin, San Antonio’s D-League affiliate, averaging 13.8 points, 10.6 rebounds, and 2.1 assists in 34.0 minutes per contest.
- The Suns have informed inquiring teams that Archie Goodwin is a big part of the franchise’s future, Charania writes in a separate article. Goodwin’s comments about being frustrated with his playing time were taken out of context, according to his agent, Charles Briscoe, Charania notes. “Archie doesn’t want out of Phoenix,” Briscoe said. “His words have been twisted in a recent article: We’re willing to wait for Archie’s opportunity. Any player in the NBA wants to play immediately, but we understand that Phoenix is in a playoff push. If we have to wait for next year, we’re OK with that. We know he will get his opportunity, and he’ll be ready.”
- A number of league executives have brought up the possibility that LaMarcus Aldridge could sign with the Spurs this summer, something that Dan McCarney of The San Antonio Express-News thinks is highly unlikely to occur. Either Tim Duncan or Manu Ginobili would need to retire for San Antonio to free up enough cap space to sign Aldridge, and neither player is a safe bet to stop playing, McCarney notes.. Aldridge would also have to sacrifice roughly $30MM in salary to leave the Blazers, which is also improbable, McCarney adds.
- The Clippers have recalled C.J. Wilcox from the Fort Wayne Mad Ants of the NBA D-League, the Mad Ants have announced. Wilcox has appeared in five games for Fort Wayne this season, averaging 13.2 points and 3.4 rebounds per contest.
Western Notes: Young, Clippers, Lin, Waiters
Nick Young wants to help the Lakers recruit marquee free agents this summer, but he was worried that there wouldn’t have been room for the club to re-sign him this past offseason if the Lakers had landed a star then, as he tells Mark Medina of the Los Angeles Daily News.
“I didn’t know what was going to happen,” Young said. “I was nervous and scared. I wanted to be here, but I kept hearing all the Carmelo [Anthony] rumors and Kobe [Bryant] having dinner with Carmelo. I knew once they paid him all that money, there would be none for me.”
Young, who inked a four-year, $21.326MM deal with the Lakers in July, told Medina that the Pelicans, Mavs and Bulls also had interest in him, and agent Mark Bartelstein told Dave McMenamin of ESPN.com this summer that there had been contact with the Hawks. There’s more from L.A. amid the latest from the Western Conference:
- Clippers coach/executive Doc Rivers expects to use his pair of open roster spots on veterans next month, writes Arash Markazi of ESPN.com, suggesting that the team will again target the post-buyout market as it did last year.
- Dion Waiters, who’s up for a rookie scale extension this summer, says he “couldn’t ask for a better situation” than the one he finds himself in since the trade that sent him to the Thunder, as he tells The Oklahoman’s Darnell Mayberry. “They brought me in since Day One with love,” Waiters said of his new teammates. “It seems like I’ve been here forever. It seems like I’ve been playing with them forever, too. When I came here, we clicked right away.”
- Jeremy Lin has his moments for the Lakers, but he continues to struggle to live up to the backloaded three-year, $25.124MM deal he signed with the Rockets in 2012, much less his dazzling “Lin-sanity” run with the Knicks, as Bill Oram of the Orange County Register examines. Lin is set for free agency this summer.
Southwest Notes: Jones, Green, Pelicans
Two months after fearing his NBA career would end prematurely, the Rockets‘ Terrence Jones is preparing to return, reports Jenny Dial Creech of The Houston Chronicle. Still recovering from a nerve issue in his left leg, Jones has been going through intense workouts and plans to start playing again soon, though no firm date is set. “I am more active than I’ve been in so long,” Jones said. “Being on the court feels real good and it’s a blessing to be able to get up and down and finally move my leg a little and jump and do things with the basketball that I couldn’t do two months ago at all.”
There’s more from the Southwest Division:
- Jeff Green has fit in smoothly since the January 12th trade that brought him from the Celtics to the Grizzlies, according to Ronald Tillery of The Commercial Appeal. Green’s versatility and feel for the game have made an impression in Memphis. “He’s extremely smart and he’s picked up our stuff very quickly,” coach Dave Joerger said. “Now we’ve just got to keep building the chemistry amongst the players.”
- Mike Conley said Green could be the missing ingredient the Grizzlies need to win the Western Conference, reports Tim Bontemps of The New York Post. “I think with us adding a guy like [Jeff] … but even before him, I thought we had a chance,” Conley said. “But now with him, I feel it gives us that much more of a boost, that extra confidence that we belong, we can really do it now for sure.”
- Pelicans coach Monty Williams tells John Reid of The Times-Picayune he has been doing a lot of self-evaluation as he tries to bring a winner to New Orleans. The Pelicans are 20-21, but haven’t managed three straight wins during the first half of the season. “I’ve always felt you should always look at yourself first as it applies to helping your team,” Williams said. ”Obviously our guys know if you play a certain way, it equals great success for us. At the same time, I have to make evaluations on what I’m doing and that’s not giving us a chance to be consistent. As frustrating as it is as a coach, I have to stay the course and make sure I get the right guys in the game.”
And-Ones: Onuaku, Jackson, LeVert
Six NBA teams have shown interest in power forward Arinze Onuaku, reports Alex Kennedy of Basketball Insiders. Onuaku, who was briefly with the Pelicans and Cavs last season and spent camp this past fall with the Pacers, recently turned down an offer to play in the Philippines as he continues his dialogue with NBA clubs, Kennedy adds (Twitter links).
Here’s more from around the league:
- Reggie Jackson is open to signing his qualifying offer this summer in an attempt to align his unrestricted free agency with the summer of 2016, USA Today’s Sam Amick reports. Most league executives reportedly assume the salary cap will surge to around $90MM. Jackson is on pace to invoke the starter criteria, which would lift the value of his qualifying offer from to nearly $3.223MM to almost $4.434MM.
- Michigan’s Caris LeVert will miss the remainder of the season after injuring his foot during Saturday’s contest against Northwestern, the university has announced. The junior is scheduled to undergo surgery this week to repair the damage. This will be the second such procedure on LeVert’s left foot, as he had a similar injury last May. LeVert is currently the No. 14 ranked prospect by DraftExpress.
- ESPN’s Chad Ford (Twitter link), who has LeVert slotted No. 30 in his draft rankings, still projects the guard to be a late first round to early second round pick come this June, provided LeVert is healthy in time for his pre-draft workouts.
- Former Kings coach Michael Malone isn’t expected to remain with the Wolves past Wednesday’s game against Dallas, Jerry Zgoda of The Star Tribune reports (Twitter link). Malone has been acting as a special observer with the Wolves, but Flip Saunders, Minnesota’s president of basketball operations, doesn’t see Malone having a role with the team past this stint, Zgoda notes.
Chuck Myron contributed to this post.
How Three Celtics Trades Worked Financially
Celtics president of basketball operations Danny Ainge knows how to maximize trade exceptions. I examined that last month in the wake of the Rajon Rondo trade, in which Ainge and the Celtics used existing trade exceptions to facilitate the creation of a new one worth more than $12.9MM that’s the league’s largest. A couple of the three trades the Celtics swung this week presented opportunities to use that exception, but there were alternatives.
The Celtics had six trade exceptions at their disposal before Monday’s Jeff Green trade, including a new $5MM exception the team picked up when it shipped Brandan Wright to Phoenix on Friday. However, only two of those exceptions were large enough to absorb either of the players Boston took back in exchange for Green. The Rondo exception would have accommodated both Tayshaun Prince‘s salary of almost $7.708MM and Austin Rivers‘ pay of nearly $2.44MM, allowing the Celtics to create an exception equivalent to Green’s $9.2MM salary. That route had some intrigue. It would take up much of the Rondo exception, reducing it to $2,761,385. That amount, while not the powerful eight-figure exception that the Celtics originally created in the Rondo trade, would still be useful. A Green exception would be lucrative, if not quite as valuable as the Rondo exception would be if kept intact, and it would expire January 12th, 2016, whereas the Rondo exception runs out nearly a month earlier, on December 18th, 2015. Making an exception equivalent to Green’s salary would give the Celtics more time to work the phones after December 15th, 2015, the date when most players who’ll be signed this coming offseason will become eligible for inclusion in trades. It would also allow the C’s to wait until players hit waivers in advance of the leaguewide guarantee date next January 10th.
However, it appears as though the Celtics have left the Rondo exception alone. Eric Pincus of Basketball Insiders reported the $625,280 exception the C’s created in the Jameer Nelson–Nate Robinson trade, which took place the day after the Green deal, but there’s been no word of a Green exception. That signals that the Celtics simply used salary matching to make the trade work. They were allowed to take in up to 150% of Green’s salary plus $100K, which would come to $13.9MM, and the total of Prince’s and Rivers’ salaries comes to less than $10.148MM, well within those bounds. The C’s wouldn’t end up with an exception, since they gave up less salary than they received in the exchange, but they wouldn’t use an exception, either.
The choices were simpler for the other teams in that deal, neither of which had an existing trade exception. The Grizzlies created a trade exception worth $3,146,068, the equivalent of Quincy Pondexter‘s salary, as Pincus reported. That’s because Prince’s salary was large enough by itself to accommodate the absorption of both Green and Russ Smith, since Green’s salary on top of the $507,336 that Smith makes comes to less than 150% of Prince’s salary plus $100K. That means Memphis and GM Chris Wallace could unload Pondexter to New Orleans by himself without having to match any salaries, and that gave rise to the trade exception.
The Pelicans had a similar scenario at play when they created their $507,336 trade exception, an asset that Pincus also reported. Pondexter’s salary was less than 150% of Rivers’ salary plus $100K, so that could stand as its own swap, leaving GM Dell Demps to send Smith’s salary to Memphis by itself.
The Celtics had another chance to use the Rondo and Wright exceptions in the swap that sent Nelson to the Nuggets for Robinson, but that wouldn’t have done much for them. Taking Robinson’s $2,106,720 salary into one of those exceptions would have reduced its value. The creation of a $2.732MM exception equivalent to the full value of Prince’s salary would essentially mean the Celtics had broken one larger exception into two smaller ones, both of which would add up to nearly the same amount as the lucrative one they had in the first place. Teams can’t combine trade exceptions when they pull off deals, so it would result in a net loss of flexibility. So, Ainge and the Celtics chose instead to match salaries, which resulted in a $625,280 trade exception worth the difference between Nelson’s salary and Robinson’s, as Pincus reported, since Boston gave up more salary than it received in the one-for-one exchange. Denver took back more than it relinquished, so the Nuggets couldn’t have created an exception unless they raided the $4.65MM exception they had just created in the Timofey Mozgov trade. GM Tim Connelly and company apparently passed on doing so, likely for the same reasons that the Celtics decided against using the Rondo or Wright exceptions to take in Robinson’s salary.
Ainge didn’t have to pour too much energy into coming up with a solution for the exceptions in his next trade, which was Thursday’s three-team deal that sent Rivers to the Clippers. Shavlik Randolph and Chris Douglas-Roberts are both on contracts their original teams signed using the minimum-salary exception, and the Celtics, too, get to use the minimum-salary exception to take them in. That leaves Boston’s existing trade exceptions untouched and allows them to make a new trade exception worth $2,439,840, the equivalent of Rivers’ salary. The Celtics are the only team coming away with a trade exception in this three-team affair with the Clippers and Suns. Phoenix is under the salary cap, so exceptions aren’t a factor. The Clippers didn’t have a trade exception large enough to absorb Rivers, the only player they acquired in the deal, so they had to match salaries to bring him in. The Clips are a taxpaying team, so they couldn’t take on more than 125% plus 100K of what they gave up. Rivers’ salary is greater than the cap hits for Bullock and Douglas-Roberts, but the difference is within those bounds, so the trade is kosher.
Atlantic Notes: Green, Ainge, Knicks
JaMychal Green, who plays for the Austin Toros, San Antonio’s D-League affiliate, is garnering interest from the Knicks, Spurs, and Bulls for a possible 10-day contract, Marc J. Spears of Yahoo! Sports reports (Twitter link). Green was in training camp with San Antonio this year. Here’s more from the Atlantic Division:
- The Celtics could end up with as many as four first-rounders in the 2015 NBA draft, depending on how the protections attached to some of the picks shake out. In an interview on 98.5 The Sports Hub (hat tip to Ben Rohrbach of WEEI 93.7 FM), Boston’s president of basketball operations Danny Ainge said of the upcoming draft, “It’s a decent draft, not spectacular.“
- Ainge, who has been stockpiling future picks in the deals he has made for Rajon Rondo, Jeff Green, and Austin Rivers, added, “In a perfect world, I would like to trade picks for proven, quality players. That’s a perfect world,” Rohrbach tweets.
- Explaining why he has acquired so many future draft picks in his various deals this season if his preference was for proven players, Ainge said that it is difficult to obtain superstar talent outside of the draft in today’s NBA, Rohrbach relays (Twitter link).
- The Knicks need to break the franchise’s pattern of sacrificing the future for the present, Christopher Reina of RealGM opines. One change that Reina posits could help is for Phil Jackson to hire a workaholic GM who would continue to tear down the roster and concentrate on accumulating assets, not salary cap space.
- The Pelicans’ rebuilding plan is one that Sixers GM Sam Hinkie hopes to emulate, Mike Sielski of The Philadelphia Inquirer writes. The Pelicans accumulated assets, similar to what Hinkie is doing, and used them to acquire players like Jrue Holiday and Tyreke Evans through trades. While it can be argued that mimicking New Orleans, with its 19-19 record, isn’t necessarily shooting for the moon, if the Pelicans were in the East, they would currently occupy the sixth playoff seed.
D-League Notes: Goodwin, Smith, Jerrett
The D-League has become an integral part of the NBA’s process of developing younger players, as well as a source for locating hidden gems to bolster rosters during the course of the season. You can easily stay on top of which players are coming and going from the D-League all season by checking out our 2014/15 D-League Assignments, Recalls tracker, which is updated daily. You can also find this page anytime on the right sidebar under “Hoops Rumors Features.”
Here are the latest D-League moves:
- The Warriors have recalled Ognjen Kuzmic from the Santa Cruz Warriors, their D-League affiliate, the team announced in a press release. This completes Kuzmic’s fourth stint of the season with Santa Cruz.
- Russ Smith was recalled from the Fort Wayne Mad Ants of the NBA D-League, the Grizzlies announced in a press release. Smith was in the midst his third D-League assignment of the season for the Pelicans when he was included in the trade for Jeff Green.
- The Thunder have recalled Grant Jerrett from the Oklahoma City Blue, their D-League affiliate, the team has announced. This was Jerrett’s seventh jaunt of the season to the D-League.
- Archie Goodwin has been assigned to the Bakersfield Jam, the Suns’ D-League affiliate,the team has announced. This is Goodwin’s second trip to the D-League this season.
