Pelicans Re-Sign Al-Farouq Aminu
JULY 10TH: The Pelicans have officially re-signed Aminu, the team confirmed today in a press release.
JULY 5TH: The Pelicans and Al-Farouq Aminu have agreed to a one-year, $3.7MM deal that will keep the small forward in New Orleans, tweets Adrian Wojnarowski of Yahoo! Sports. The team had prioritized an upgrade at small forward in the offseason, but with other major moves, including the acquisitions of Jrue Holiday and Tyreke Evans, it appears the Pelicans are content to bring back their incumbent starter at the three.
There hadn't been much talk about other teams interested in Aminu, a client of Raymond Brothers at IAM Sports & Entertainment. Still, the three-year veteran showed steady progress over his time in the league, averaging 7.3 points and 7.7 rebounds in his first year as a full-time starter in 2011/12. The Pelicans declined their fourth-year option on his rookie contract before this past season began, and they wound up agreeing to re-sign him at an amount roughly equivalent to his cap hold.
Pelicans To Acquire Jrue Holiday For Noel, ’14 Pick
JULY 10TH, 2:08pm: The trade between the Pelicans and Sixers is now official, according to Dei Lynam of CSNPhilly.com (via Twitter). However, Bob Cooney of the Philadelphia Daily News says (via Twitter) that it won't be finalized until at least tomorrow, since Holiday is on his honeymoon and is unavailable to complete the paperwork.
JUNE 28TH, 6:17pm: Sixers GM Sam Hinkie has confirmed that the 2014 first-rounder headed from New Orleans to Philadelphia is top-five protected, reports Dei Lynam of CSNPhilly.com (Twitter link).
1:07am: The deal won't become official until July 10th, tweets Brian Mahoney of the Associated Press. That makes sense, since the Pelicans won't have room to absorb Holiday's salary until their cap room becomes available in July.
JUNE 27TH, 7:52pm: Ford now tweets that the pick headed to Philadelphia is top-five protected for 2014, and ESPN.com's Marc Stein backs up the report (via Twitter).
7:33pm: ESPN.com's Chad Ford tweets that the 2014 first-rounder headed to Philadelphia is top-three protected, while TNT's David Aldridge tweets it's lottery-protected. Given Wojnarowski's assertion that the protection is "light," Ford's report makes more sense, but we'll have to wait for confirmation.
7:26pm: The Pelicans will also receive this year's 42nd overall pick from the Sixers in the deal, tweets Wojnarowski.
7:22pm: After unexpectedly snagging Nerlens Noel sixth overall, the Pelicans will send him to the 76ers, according to Adrian Wojnarowski of Yahoo! Sports (all Twitter links). The Pelicans will receive Jrue Holiday and will also send a 2014 first-round pick in 2014 to Philadelphia, Wojnarowski reports, adding that the pick is expected to have "light protection" (Twitter link). Chris Broussard of ESPN.com first tweeted that Noel would be on the move.
Pelicans Waive Lance Thomas
The Pelicans have officially released Lance Thomas, the team announced today in a press release. Thomas had been on a non-guaranteed minimum-salary contract with New Orleans.
Thomas, 25, has appeared in 101 games for New Orleans over the last two seasons, including 59 in 2012/13. The 6'8" forward wasn't owed any guaranteed money yet for the coming season, so the Pelicans won't take a cap hit for releasing him. His contract would have become fully guaranteed if he had not been waived on or before September 1st.
For the Pelicans, waiving Thomas looks like a cap-clearing move, as the team prepares to make its deals for Tyreke Evans and others official.
Odds & Ends: Assistants, SVG, Brewer, Lakers
As teams continue to finalize their coaching staffs for the 2013/14 season, a pair of clubs made official announcements today. The Kings have formally hired Dee Brown and Micah Nori, who spent the last four seasons as an assistant in Toronto, while the Raptors have made a hire of their own, announcing that Nick Nurse, coming off a D-League championship, will join Dwane Casey's staff.
Here are a few more odds and ends from around the Association:
- Former Magic head coach Stan Van Gundy tells Chris Tomasson of FOX Sports Florida that it's "very possible" he won't return to an NBA bench for the 2014/15 season, adding that there's no guarantee he'll ever coach again. Tomasson's piece includes plenty of interesting tidbits and quotes from Van Gundy, including word that four teams contacted him in the spring about coaching vacancies.
- We passed along reports today indicating that the Timberwolves are eyeing Corey Brewer, and Jerry Zgoda of the Star Tribune adds another detail, writing that Minnesota is exploring its options for a potential sign-and-trade deal with the Nuggets.
- Dave McMenamin of ESPNLosAngeles.com hears that Raja Bell, Kenyon Martin, and Bobby Brown are among the free agents with interest in the Lakers, though it's not clear if that interest is mutual (Twitter link).
- In his latest mailbag, Ira Winderman of the South Florida Sun Sentinel addresses whether or not it makes sense for the Heat to save their amnesty clause until next year.
- Before they decide whether or not to use their amnesty provision this year, the Raptors will wait to see exactly what the luxury tax threshold is, tweets Ryan Wolstat of the Toronto Sun.
- Grantland's Zach Lowe takes an extended and interesting look at how the Pelicans' offseason moves will shape the team going forward.
Lowe On Howard, Wizards, Teague, Pelicans
The surprise of the summer might not have been Dwight Howard's departure from the Lakers, but the quickness with which he decided to join up with the Rockets. We're just a week into the free agency period, but executives are already taking the time to survey the entire landscape outside of their own milieu. Zach Lowe of Grantland checked in with basketball people to get their take on things and unearthed some very interesting tidbits..
- Lowe wonders why more clubs didn't put their toe in the water for Dwight Howard. His educated guess after poking around is that the Wizards gave it a go while the Bulls, who were once a rumored trade destination, did not. The Bulls have a stern culture, very good talent already on hand, and a tax complication, so Howard would have been a longshot and maybe not the best idea anyway.
- The Jazz could have used their cap space this summer to sign Jeff Teague, who sources say is nearly unwanted in the Hawks organization. We've heard previously that the point guard was upset with the lack of communication he's had with Atlanta this summer.
- Pelicans owner Tom Benson has told the front office that the team needs to take a significant step forward this season, according to several sources around the league. That would help to explain their sizable commitment to Tyreke Evans this summer.
- Other execs have pointed out that the Rockets tend to be sort of annoying, especially around draft day. Daryl Morey & Co. make many, many phone calls, poking the market and chasing tiny deals that move them two spots up in the draft or add an extra second-round pick. People knocked Morey for burning up the phone lines to chase the No. 9 seed a year ago and didn't seem long for Houston, but he has turned a roster with zero top-50 talent into a roster with two top-15 players.
- As much as Houston says they want to hang on to center Omer Asik, Lowe would be surprised to see him finish the year with the Rockets.
Omer Asik Wants Out Of Houston; Pelicans In Mix?
8:01pm: There's no question Anderson would intrigue the Rockets, but the Pelicans are wary of giving him up without getting more than Asik in return, Wojnarowski tweets.
7:29pm: The Pelicans have shown strong interest in Asik, and are likely centering their offer on Ryan Anderson, tweets Adrian Wojnarowski of Yahoo! Sports.
5:53pm: A source tells Ken Berger of CBSSports.com that Omer Asik wants out of Houston, and other teams are already making pitches (Twitter link). Once a deal between the Rockets and Dwight Howard is finalized, Asik could be sent to the Hawks for Josh Smith, though the Mavs are also making a push, Berger adds via Twitter. I presume he means the Mavs are making a push for Asik and not Smith, but that's just my speculation. Chris Mannix of SI.com and Brian Windhorst of ESPN.com reported earlier details on the story, with Windhorst noting that the Hawks would sign to a sign-and-trade offer for Smith.
A destination that would appeal to Asik is the Bulls, where he began his career, tweets Adrian Wojnarowski of Yahoo! Sports. That would reunite him with coach Tom Thibodeau, who'd also be interested in such a deal. That might be more difficult for the over-the-cap Bulls to pull off than it is for the Hawks or Mavs, however. Asik has $16,749,292 left on his deal over the next two seasons. The Hawks won't rush in to any deal, according to TNT's David Aldridge, who says the team won't be making moves just to be "active," and any move would have to fit with the team's culture (Twitter link).
Even if the Hawks aren't interested in Asik, several other teams, including the Warriors, are, tweets Ric Bucher of 95.7 The Game. Late last month a report surfaced indicating the Rockets were looking to unload Asik and Jeremy Lin, though Houston GM Daryl Morey backtracked from that story. Luke Adams of Hoops Rumors wondered if Morey's comments were simply to try to make sure Asik and Lin would still be on board if Howard passed on signing with the team, but it appears at least that Asik has been turned off. Lin would be tougher to move than Asik, Bucher points out, noting that many front offices view the point guard as a backup.
Windhorst raises the possibility of Asik heading to the Lakers in a Howard sign-and-trade, and notes that Asik doesn't want to play in any twin-tower Rockets lineups alongside Howard, either. While Asik's cap hit for the next two seasons will be around $8MM, he's actually owed more than $20MM total because of the way his deal with Houston was structured, per the Gilbert Arenas Provision.
Western Notes: Cousins, Nedovic, Gordon
According to Yahoo Sports' Marc J. Spears, Kings GM Pete D'Alessandro, head coach Michael Malone, and team majority owner Vivek Ranadive visited DeMarcus Cousins in Alabama today. Though an extension is yet to be agreed upon, D'Alessandro told Yahoo that he is confident in Cousins as the face of the Kings' franchise (Twitter links). For a while, it seemed that Cousins' future in Sacramento was in limbo, as he had recently kept mum on the franchise at the behest of his agent Dan Fegan. Last month, Fegan reportedly wanted to negotiate a maximum deal for Cousins with the threat of a trade demand if a deal wasn't reached, and we also heard that D'Alessandro had planned to meet with Cousins in person at some point. Today's meeting could only bode well for the prospects of the 22-year-old center remaining in Sacramento for the long-term.
Here are more news and notes out of the Western Conference tonight:
- Tim Kawakami of the Mercury News tweets that the Warriors would likely have to keep Nemanja Nedovic – their 2013 first-round pick – in Europe this upcoming season as one pre-requisite of clearing enough space to sign Dwight Howard.
- CBS Sports’ Matt Moore writes that following the three-team deal between the Pelicans, Kings, and Trail Blazers, New Orleans hasn’t given any indication that they plan to trade Eric Gordon. He also thinks that Robin Lopez is a perfect fit next to LaMarcus Aldridge, and lauds the fact that the Portland won’t have to surrender a big contract in order to land him.
- Dave McMenamin of ESPN LA tweets that if the Lakers were to match Earl Clark’s $4.5MM a year deal from the Cavaliers, it would cost them roughly $11.3MM with taxes in order to keep him, and therefore would be too steep a price.
- Hoopsworld’s Eric Pincus notes that any free agent signing that the Lakers make will carry a hefty luxury tax bill along with them, though if Dwight Howard were to ultimately leave, the team’s tax multiplier would significantly decrease. This puts the franchise in a tricky situation: if they don’t want to commit to a player for more than a year, they’d have to overpay in year one; if they were to overpay, the team would face massive luxury tax implications (All Twitter links).
Kings Won’t Match Evans Offer, Discussing Trade
3:51pm: Wojnarowski reports (via Twitter) that the proposed three-way deal would see Evans go to the Pelicans, Lopez to the Trail Blazers, and Vasquez to the Kings, with the Blazers sending out picks and cash. The specifics on the Portland picks and money aren't known, nor is it clear which team would receive them.
3:39pm: Jose Calderon has passed on an opportunity to sign with the Kings, clearing the way for the team to complete the three-way agreement that would see Vasquez land in Sacramento, tweets Adrian Wojnarowski of Yahoo! Sports. Wojnarowski adds (via Twitter) that the Pelicans had been hoping to sign Calderon and move Vasquez elsewhere.
11:11am: Sam Amick of USA Today confirms that trade talks are ongoing, but says the proposed scenario would be a three-way deal, with Vasquez going to Sacramento and Lopez heading to Portland. According to Amick, the Kings have "other situations still in play" but are looking to get something in return for Evans rather than just letting him walk (Twitter links).
7:49am: With Tyreke Evans preparing to sign a four-year, $44MM offer sheet with the Pelicans, the Kings do not plan to match the offer, according to Ailene Voisin of the Sacramento Bee. However, according to Voisin, the Kings and Pelicans are working on an agreement that would send Greivis Vasquez and Robin Lopez to Sacramento in exchange for a signed-and-traded Evans.
For Evans to be part of a sign-and-trade deal, he'd have to hold off on officially signing the Pelicans' offer sheet — once he signs, the Kings would only have the option of matching the offer or letting him walk. With the July moratorium extending into next week though, the two teams have plenty of time to work out an agreement, avoiding the need for that offer sheet.
The Pelicans had been attempting to move Lopez in order to make room under the cap for their offer sheet to Evans, so involving the two players in the same deal makes sense. Meanwhile, with New Orleans putting together a backcourt that includes Evans, Jrue Holiday, and Eric Gordon, Vasquez appears to be the odd man out.
It's not clear if only Vasquez and Lopez would be heading to Sacramento in the proposed move, or if more pieces would be involved, but the Pelicans would be able to absorb Evans into their cap space, so no further players would be required.
According to Jason Jones of the Sacramento Bee, the Kings' price to bring back Evans was something in the $8-9MM range, annually, which is significantly less than the $11MM annual salary the Pelicans offered. For him not to agree to New Orleans' offer, Evans was seeking a $12MM starting salary from Sacramento, says Jones.
While they debated whether or not to try to bring back Evans, the Kings also pursued Andre Iguodala, making him a four-year, $52MM offer. However, the club rescinded the offer when Iguodala was noncommital about signing it. With Evans seemingly on his way to New Orleans, the Kings could revisit Iguodala, but if they take on Vasquez and Lopez, their ability to make another big-money offer would be limited.
This post was first published on July 4th at 7:49am CST.
Tyreke Evans To Sign Pelicans’ Offer Sheet
9:03pm: Evans has officially given a verbal commitment to the Pelicans that he will sign their offer sheet on July 10, tweets USA Today's Sam Amick. David Aldridge of NBA.com confirms Amick's report via Twitter. The Kings will have three days to match the four-year, $44MM offer.
8:41pm: Stein is now hearing that the Pelicans and Evans are finalizing an offer sheet (via Twitter). Meanwhile, Jason Jones reports that Evans planned on giving the Kings until today to make an offer or he'd agree to the New Orleans offer sheet. There have been conflicting reports regarding where Evans would like to end up, as can be typical when it comes to restricted free agents.
6:07pm: Jason Jones of the Sacramento Bee tweets that Evans is waiting on the Kings to make him an offer before committing to New Orleans, presumably in response to the ESPN report. Jones also tweets that while Evans is aware the Kings can always match the offer sheet, he wants to give them every chance to beat it. It is worth noting that it was Jones who reported earlier that Evans would prefer to sign in Sacramento.
5:41pm: We heard earlier today that there was no guarantee that restricted free agent Tyreke Evans would sign the four-year, $44MM contract offer extended to him by the Pelicans, and that a comparable offer from the Kings would ensure he stays put in Sacramento. Now, per a report from Marc Stein and Jeff Goodman of ESPN, it appears that Evans is "ready for a change" and plans to sign in New Orleans. The report cites sources "familiar with his thinking."
Evans has been frustrated by the negotiations with the Kings and is "determined" to leave the organization and sign with the Pelicans on the first day possible, according to the report. Evans has yet to verbally agree to the deal with New Orleans, but it is an "inevitability" for that to happen this week. Evans apparently plans to sign the Pelicans' offer sheet on July 10 – the first day possible per NBA restrictions – and giving the Kings three days from then to either match the offer or pass.
After Sacramento drafted Ben McLemore last week and extended a big offer to Andre Iguodala yesterday, before withdrawing it today, Evans seems to be hurt that the team, and new owner Vivek Ranadive, has yet to make a realistic attempt at bringing him back. According to the source, the Kings could have retained Evans had they showed interest earlier.
Latest On Chris Copeland
As the market continues to develop for many of this year's restricted free agents, Chris Copeland is drawing interest from a number of teams looking to pry him away from the Knicks. Last night, we heard that the Pacers had extended an offer to Copeland, but the forward continues to meet with and talk to other potential suitors.
Bill Oram of the Salt Lake Tribune tweets that there's still mutual interest between Copeland and the Jazz. Copeland's agent expects further discussions with Utah, though the team hasn't made an offer yet, according to Jody Genessy of the Deseret News (via Twitter). The 29-year-old remains interested in the Knicks, as Genessy tweets, though with New York hoping to use its mini mid-level exception on multiple players (perhaps Copeland and a point guard), the club's ability to match rival offers will be limited.
A league source told Jared Zwerling of ESPN.com (Twitter link) yesterday that the Lakers have made an exploratory offer to Copeland, and a report earlier this week suggested that the Pelicans and Bucks could also be preparing offers for the restricted free agent. However, the Pelicans are stuck in a bit of a holding pattern as they wait to hear back from Tyreke Evans on their offer sheet, and the Bucks have been linked to so many players that it's not clear if Copeland is a top priority or a secondary target.
While it appears Copeland has plenty of possible destinations, the pendulum isn't swinging in any direction yet, according to Zwerling, who says it's still too early in the process (via Twitter).