Multiple Teams Preparing Offers For Greg Oden
3:30pm: Oden's agent tells Chris Tomasson of FOX Sports Florida that it will likely still be a few weeks before his client picks a team, and stopped short of calling Miami the frontrunner, though Oden is "very interested" in the Heat (Twitter links).
9:50am: ESPN.com's Marc Stein reported yesterday that Greg Oden was expected to meet with the Mavericks, Kings, and Pelicans this week in Las Vegas, as the list of potential suitors for the former first overall pick grew. Stein and Yahoo! Sports scribe Marc J. Spears have updates on the Oden situation today, so let's dive in and check out the highlights from their respective pieces….
- Oden has now had meetings with the Heat, Spurs, Celtics, Mavs, and Kings, according to Spears. The Pelicans had been hoping to meet with Oden on Wednesday, but he's heading back to Indianapolis today, which figures to postpone that meeting until later this week.
- New Orleans' pitch to Oden figures to focus on the fact that the big man could start his comeback attempt away from the media spotlight and with no immediate pressure to contribute if he signed with the Pelicans, according to Stein.
- The Pelicans are expected to make Oden an offer with a starting salary of about $3MM, reports Spears, noting that three other clubs will likely extend offers in the same ballpark.
- Stein reports that the Kings are viewed as "long-shot contenders" for Oden, and may end up shifting their attention to Nuggets restricted free agent Timofey Mozgov. Yannis Koutroupis of HoopsWorld mentioned that possibility yesterday (on Twitter), and Stein says Sacramento is "planning a hard push" for Mozgov.
- The Mavericks are still hoping they'll be able to sign both Oden and Samuel Dalembert to solidify their frontcourt, writes Stein.
Southwest Notes: Oden, Bynum, Pelicans, Dirk
Here's a look at the latest out of the Southwest Division..
- We can add the Pelicans to the list of teams that are in the mix for free agent center Greg Oden, tweets Alex Kennedy of HoopsWorld. The former No. 1 overall pick is also attracting interest from the Spurs, Mavericks, and Kings.
- Eddie Sefko of The Dallas Morning News explains why the Mavericks would gamble on Oden but not on Andrew Bynum. Oden, of course, will come much cheaper than the new Cavs center and while he's a gamble, he's an affordable gamble.
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The latest Morning Tip column from David Aldridge at NBA.com includes an examination of the Mavericks' retooling plan. Aldridge asked one league exec if Dallas could get a decent return for Dirk Nowitzki if they decided to start shopping him. "It is possible," one general manager texted Sunday. "It is a tough set of circumstances to get value…1 year deal, 35/36 year old, big dollar contract, trade rules. The team receiving Dirk would have to be close to the title; does Dirk stay in a year. Mark Cuban and [Mavs GM] Donnie [Nelson] are good at what they do, but they have always been loyal to keeping Dirk."
Greg Oden To Meet With Mavs, Kings, Pelicans
Greg Oden will be in Las Vegas to week, and will meet with at least three teams while he's there, reports ESPN.com's Marc Stein. The Mavericks, Kings, and Pelicans will all meet with the former first overall pick this week, according to Stein, who adds that the Mavs' sitdown is scheduled for today.
While the Spurs and Heat still appear to be the frontrunners for Oden's services, a handful of other teams remain in the mix. In addition to the three teams he'll meet with this week, the big man also still has the Celtics and Bobcats on his radar, his agent indicated on Friday. As I noted at the time, the comments made by Mike Conley Sr. suggested to me that Miami remained atop Oden's wish list.
Given the number of teams interested in Oden, it seems possible he'll receive more than the minimum salary if and when he signs. But I imagine clubs are still wary of his medical history, so he'll likely have to show strong indications he'll be ready to play in the fall before a club is willing to roll the dice on him.
Pelicans, Sixers Finalize Trade
The Pelicans and Sixers have officially announced their swap involving Jrue Holiday and Nerlens Noel, a trade that was agreed upon on draft night but held up until after the July Moratorium. The Pelicans bring aboard Holiday and Pierre Jackson, the 42nd pick in last month's draft, in exchange for Noel and a 2014 first-round draft choice. The 2014 pick will remain with the Pelicans if it falls in the top five.
The delay in finalizing the trade stemmed from the Pelicans' inability to absorb Holiday's $9,213,484 salary until the NBA's calendar flipped over to 2013/14 this month, and the newlywed Holiday's honeymoon caused a further holdup. The 23-year-old point guard is now finally entrenched in New Orleans, where he'll begin drawing paychecks from the four-year, $41MM extension he signed last October with the Sixers a few months before making his first All-Star appearance.
Noel, who seemed the odds-on favorite to become the No. 1 pick last month, heads to Philadelphia after slipping to the No. 6 spot in the draft. The 7'0" center from Kentucky will miss the first part of the season recovering from a torn ACL he suffered in his only collegiate season. The 5'10" Jackson, the other 2013 draftee involved in the swap, heads to New Orleans after distinguishing himself as a point guard at Baylor.
That protection attached to the 2014 first-rounder extends in perpetuity, so if the Pelicans wind up with a string of top-five picks over the next few years, they won't have to give them up, as Bob Cooney of the Philadelphia Inquirer tweets. For additional details about the swap, see our post about the initial agreement.
Odds & Ends: Wolves, Turiaf, Williams, Webster
The Timberwolves appear ready to finalize deals bringing Kevin Martin and Corey Brewer on board, but those aren't the only outside free agents the team targeted. According to Adrian Wojnarowski of Yahoo! Sports (via Twitter), Minnesota has emerged as the frontrunner to sign Ronny Turiaf. I can't imagine Turiaf will earn more than the veteran's minimum, so he shouldn't affect the Wolves' cap outlook if a deal is reached. Here are a few more odds and ends from around the NBA:
- Martin, who trains with Brewer in Florida, was very involved in lobbying Brewer to sign with the Timberwolves, according to Jerry Zgoda of the Star Tribune (via Twitter).
- Several teams are courting Mo Williams, so there's no guarantee he lands with the Hawks if Atlanta declines to match Jeff Teague's offer sheet, tweets Gery Woelfel of the Racine Journal Times.
- According to Martell Webster, he received interest from the Cavaliers, Bucks, Knicks, Clippers, Blazers, and Pelicans ("big-time") before re-signing with the Wizards (Twitter link via Michael Lee of the Washington Post).
- Grantland's Zach Lowe examines seven teams that could use their amnesty provision within the next few days.
- Brandon Bass brushed off questions about a potentially uncertain future with the Celtics, as Chris Forsberg of ESPNBoston.com writes.
Chris Copeland Signs Pacers’ Offer Sheet
JULY 11TH, 10:22am: Jared Zwerling of ESPNNewYork.com tweets that Copeland officially signed his offer sheet with the Pacers yesterday. I assume that even though the Knicks can't legally match the offer, the three-day period still must expire before Copeland formally becomes a Pacer.
JULY 5TH, 9:05pm: The precise figure of Copeland's two year deal is close to $6.2MM, a source tells Shams Charania of RealGM.com, who also hears that no other team offered nearly as much as the Pacers (Twitter link).
7:27pm: The deal is fully guaranteed, Begley also tweets. Presumably, the Pacers are using a portion of their mid-level to get the deal done.
7:13pm: The deal is a two-year agreement worth $6MM, tweets Ian Begley of ESPNNewYork.com, so the Knicks can't match.
7:00pm: The Pacers and Chris Copeland are finalizing an agreement on a two-year deal, tweets Adrian Wojnarowski of Yahoo! Sports. Since he's a restricted free agent, the Knicks will have three days to match once the deal becomes final next week, following the end of the league's July Moratorium. However, since the Knicks only have about $1.75MM left on their mini mid-level exception after committing a portion of it to Pablo Prigioni, the Pacers have the ability to make Copeland an offer New York can't match.
There were several teams in play for the John Spencer client. Jared Zwerling of ESPNNewYork.com today added the Grizzlies to the list of suitors for Copeland, tweeting that the Lakers, Bucks, Jazz, and Pelicans all remained in the mix along with the Pacers. The Nuggets and Cavs were also among the teams involved, Spencer tells Adam Zagoria of SNY.tv (Twitter link).
Renounced Players: Wednesday
As teams clear cap space to finalize signings and trades, it may mean renouncing Early Bird or Bird rights to their own free agents, in order to remove cap holds from the books. Once a player is renounced, his previous team has no more claim to him that any other team — he could still be re-signed, but it would have to be done using cap space or an exception. Some of those decisions are more notable than others, but for completion's sake, we'll track the latest of these cap-clearing moves right here:
- Mo Williams is the most prominent name among the several whose rights the Jazz renounced today, according to the RealGM transaction log. Al Jefferson, DeMarre Carroll and Earl Watson, who already have deals to join other teams, are also on the list, as are the long-retired Brevin Knight and Greg Ostertag.
- Bobcats are set to re-sign Josh McRoberts, but they won't be using their Early Bird rights to do so, as they've renounced his rights, RealGM shows. The team also renounced their rights to Reggie Williams, who's heading to the Rockets, and it cut ties with DeSagana Diop, Byron Mullens and Jannero Pargo, too.
- Golden State will sign Jermaine O'Neal, so the Suns have renounced his rights, as well as their rights to Wesley Johnson and Diante Garrett, as RealGM notes.
Earlier updates:
- The Hawks have cleared out unwanted cap holds from their books, renouncing their rights to Hilton Armstrong, Erick Dampier, Devin Harris, Dahntay Jones, Randolph Morris, Zaza Pachulia, Johan Petro, Josh Smith, and Etan Thomas, according to RealGM.com's transactions log.
- RealGM.com also has the Trail Blazers renouncing multiple players, including Luke Babbitt, J.J. Hickson, Eric Maynor, and Nolan Smith.
- Most interestingly, according to RealGM.com, the Bucks have renounced their rights to Monta Ellis. That doesn't necessarily preclude a sign-and-trade, but it would mean the team would have to use cap space rather than Ellis' Bird rights to accommodate a deal.
- The Pelicans have renounced their rights to Louis Amundson, Xavier Henry, and Roger Mason Jr., the team announced today in a press release.
- In order to clear cap room for their signings, the Pistons renounced Will Bynum, Jose Calderon, Vernon Macklin, Corey Maggette, Jason Maxiell, and Ben Wallace, according to RealGM's transactions log. The Pistons plan to re-sign Bynum, but removing his $6MM+ cap hold and signing him to a smaller figure using cap space makes the most sense.
- After renouncing their rights to Chauncey Billups and Lamar Odom, the Clippers have also renounced Bobby Simmons, according to RealGM.com's transactions log.
Pelicans, Kings, Blazers Agree To Three-Way Deal
7:15pm: The Kings press release on the deal has Sacramento acquiring Vasquez from the Pelicans in exchange for Evans. The Kings also say they wind up with a 2016 second-round pick and future second-round considerations, presumably from the Blazers.
6:43pm: The Blazers announced their part, with Lopez and Harris coming from the Pelicans in exchange for Jeff Withey, future second-round draft considerations, and cash.
JULY 10TH, 6:12pm: The Pelicans have confirmed their end of the trade, via press release. They acquire Evans and Withey, send Lopez and Harris to the Blazers, and ship Vasquez to the Kings.
JULY 4TH, 6:04pm: Yahoo's Adrian Wojnarowski reports that Portland will send Jeff Withey to the Pelicans and a future second round pick to the Kings as part of the three-team deal (Twitter links).
4:44pm: ESPN.com's Marc Stein reports (via Twitter) that Terrel Harris, who is on a non-guaranteed contract, will also be sent to the Blazers in the deal. Meanwhile, Portland will pay Lopez's 15% trade kicker, which will be worth about $1.57MM in total, spread equally across the next two seasons. Stein adds that Sacramento will be receiving two second-round picks from the Blazers, rather than one.
4:39pm: The Pelicans will receive cash and future draft picks from the Blazers in the deal, tweets John Reid of the New Orleans Times-Picayune. Sam Amick of USA Today adds (via Twitter) that the Kings will also receive a future second-rounder from Portland.
3:55pm: The Pelicans, Kings, and Trail Blazers have verbally agreed to a three-way deal that will make Tyreke Evans a Pelican, reports ESPN.com's Marc Stein (via Twitter). The deal will send Evans to the Pelicans, Robin Lopez to the Trail Blazers, and Greivis Vasquez to the Kings, with the Blazers sending out picks and cash, according to Adrian Wojnarowski of Yahoo! Sports (via Twitter).
Evans had been preparing to sign a four-year, $44MM offer sheet with New Orleans, so rather than lose him for nothing, the Kings decided to negotiate a sign-and-trade deal. The Pelicans had been motivated to move Lopez in order to make room under the cap for their offer to Evans, so involving the two players in the same deal made sense. Meanwhile, with New Orleans putting together a backcourt that will feature Evans, Jrue Holiday, and Eric Gordon, Vasquez was the odd man out, making him expendable as well.
Sacramento agreed to complete the three-way deal with the Blazers and Pelicans after Jose Calderon passed on an opportunity to sign with the team. According to Wojnarowski, the Kings wanted to sign Calderon and flip Vasquez to another team, but the Spaniard decided he didn't want to be part of a full-blown rebuild in Sacramento. Calderon will continue to negotiate with other teams, including the Pistons, tweets Wojnarowski.
As for the Pelicans, they get their man in Evans and figure to use him off the bench in a Manu Ginobili-type role, behind a starting backcourt of Holiday and Gordon. It's not clear where the cash and picks coming from the Blazers are headed, but I would guess the Pelicans will acquire something from Portland, since New Orleans is sending out multiple players in the move.
For Sacramento, the deal gives the team the opportunity to regain some value for Evans, and Vasquez's modest $2.15MM salary will allow the club to retain plenty of cap space to pursue other players. The Kings previously withdrew a four-year offer for Andre Iguodala, but should still have the flexibility to pursue Iguodala again, if they so choose. Sacramento may also get in on those draft and cash considerations from Portland, though we'll have to wait for further word.
Meanwhile, the Blazers continue to make use of their summer cap space by making trades rather than signing free agents, as Lopez will be absorbed using the team's room under the cap. Portland also agreed to acquire Thomas Robinson from the Rockets without including any outgoing salary. At the moment, only $500K of Lopez's 2013/14 salary is guaranteed, but the next two years of his contract will become guaranteed this weekend, since he won't be waived by tomorrow. He'll earn $5.12MM next season and $5.34MM in '14/15.
The three teams will be able to finalize the transaction when the July moratorium lifts next Wednesday.
Pelicans Sign Greg Stiemsma
4:50pm: The Pelicans have officially announced the signing of Stiemsma in a press release.
10:15am: The Pelicans have reached an agreement to sign Greg Stiemsma, according to agent Mark Bartelstein (Twitter link via Jeff Zillgitt of USA Today). The deal will be for one year and $2.7MM, says ESPN.com's Chris Broussard (via Twitter).
Stiemsma, 27, was released on the weekend by the Timberwolves, prior to his 2013/14 contract becoming guaranteed. However, based on the figure reported by Broussard, the big man seems to be in line for a salary nearly identical to what he would have earned anyway.
Stiemsma appeared in 76 games for the Wolves a year ago, averaging 4.0 PPG and 3.4 RPG as a center off the bench. For New Orleans, he'll serve as a de-facto replacement for Robin Lopez, who the Pelicans agreed to trade to Portland.
Sam Amick of USA Today first reported yesterday (via Twitter) that the Pelicans were among about 12 suitors for Stiemsma, while ESPN.com's Marc Stein tweeted earlier today that New Orleans appeared to be the frontrunner.
Odds & Ends: Kings, Tolliver, Lakers, Ellis
After a bid to relocate the NBA's Kings failed, Seattle-based investors also reportedly explored the possibility of moving the NHL's Phoenix Coyotes to the city. Although the franchise appears to be staying put in Phoenix, Seattle wasn't the only city interested in relocating it. According to Dwight Jaynes of CSNNW.com, Paul Allen and the Trail Blazers were also interested in buying the Coyotes and moving the team to Portland's Rose Garden.
Here are more odds and ends from around the NBA on a very busy Wednesday:
- The Kings have named high-ranking NBA executive Chris Granger as their new team president, according to Ryan Lillis of the Sacramento Bee. Granger, who had been the executive VP of team marketing and business operations for the NBA, will oversee the team's role in the development of a new downtown sports arena and its business operations, says Lillis. It doesn't sound like Granger will be involved much, if at all, in the Kings' basketball operations.
- Chris Vivlamore of the Atlanta Journal Constitution reports (via Twitter) that Anthony Tolliver is in talks with five teams, including the Hawks, and hopes to make a decision soon.
- The Lakers have had conversations with Josh Powell's representative, tweets Dave McMenamin of ESPNLosAngeles.com. McMenamin adds in a second tweet that the team has also spoken to a couple more former Lakers: Sasha Vujacic and Lamar Odom.
- As Monta Ellis continues to seek a free agent deal, there doesn't appear to be a clear favorite to sign him, writes Steve Kyler of HoopsWorld. News broke today that Ellis has parted ways with his longtime agent.
- Elton Brand and Brandan Wright are still talking to the Mavericks about a potential return, but Rodrigue Beaubois is almost certainly headed elsewhere, as GM Donnie Nelson told reporters today, including Bryan Gutierrez of ESPNDallas.com.
- Before he agreed to sign with the Bobcats, Al Jefferson received interest from the Mavericks and Pelicans, tweets Rick Bonnell of the Charlotte Observer.