Knicks Rumors

Central Rumors: Bulls, Udoh, Oden, Jones

Pau Gasol said he has no worries about the health of Derrick Rose and added that the Knicks had only long shot to sign him as part of an interview with Jesus Sanchez of Marca.com, as K.C. Johnson of the Chicago Tribune translates (Twitter links). The Bulls are scheduled to introduce Gasol and Nikola Mirotic to fans in a press conference today after agreeing to deals with both this past weekend, and there’s more from Chicago amid the latest Central Division rumors:

  • There appears to be mutual interest between the Bulls and point guard Aaron Brooks, as Aggrey Sam of CSNChicago.com details. Sam’s story reveals that Brooks is considering the team, while the headline and Sam’s tweet indicate that Chicago is eyeing the 29-year-old point guard.
  • The Lakers’ winning bid for Carlos Boozer was $3.251MM, not just $3.25MM as previously reported, tweets Eric Pincus of Basketball Insiders, giving the Bulls slightly more savings than previously thought. The Bulls will be on the hook for $13.549MM of the $16.8MM remaining on Boozer’s contract, which expires next summer, but it won’t count against the salary cap for Chicago.
  • Ekpe Udoh has his sights set on joining a contender, and was close to a deal with the Clippers before they struck a deal with Glen Davis, USA Today’s Sam Amick reports (on Twitter). That wouldn’t appear to bode well for any chance the Bucks have of re-signing the big man, who became an unrestricted free agent when Milwaukee declined to make him a qualifying offer.
  • The Cavs have interest in Greg Oden, but it’s not clear if they’ve spoken with him or have any plans to do so, according to Sam Amico of Fox Sports Ohio. Still, it appears that either the Cavs, LeBron James, or both have been in touch with the free agent center this summer, Amico writes.
  • A lack of playing time with the Heat was one reason why James Jones decided to bolt for the Cavs, as Jones said in a radio appearance on The Ticket Morning Show in Miami, tweets Joseph Goodman of the Miami Herald.

And-Ones: Boozer, Blair, Williams, Mavs

With the Bulls using their amnesty provision on Carlos Boozer on Tuesday, only seven NBA players remain amnesty-eligible as noted in our 2014 Amnesty Primer. But the five teams that haven’t used the provision will have to wait until next summer, as Wednesday marked the deadline for this offseason.

Boozer was snatched up by the Lakers earlier today for a manageable price of $3.25MM, though as ESPN’s Marc Stein reports (via Twitter), the Duke product had strong interest in the Rockets had he gone unclaimed and cleared waivers. Meanwhile, Eric Pincus of the L.A. Times speculates that Boozer’s presence might signal a more complimentary role for rookie Julius Randle unless the playoff-hungry Lakers consider June’s No. 7 pick a small forward (Twitter links are here).

Here’s more from around the league on Thursday night:

Chuck Myron contributed to this post.

And-Ones: Draft, Jackson, J.R. Smith, Blair

The league office proposed a new lottery system for as soon as next season that would more evenly distribute the odds that non-playoff teams would have of ending up with the No. 1 overall pick, Grantland’s Zach Lowe reports. The proposal to the competition committee, which would cut the worst team’s chance from 25% to 11%, was the dominant subject of talk about lottery reform at league meetings this week, but it’s nonetheless one of many the NBA has considered, Lowe cautions. There’s more draft-related fodder among the latest from around the league:

  • Chad Ford of ESPN.com unveiled his top 100 top prospects list and mock draft for 2015 in a pair of subscription-only pieces. His top three players are Jahlil Okafor, Emmanuel Mudiay, and Karl Towns, Jr. Mudiay’s recent decision to withdraw from college basketball and play overseas shouldn’t much affect his draft stock, according to Ford.
  • Phil Jackson doubts that Jerry Buss, as has been reported, made the final decision to pass Jackson over to hire Mike D’Antoni as Lakers coach in 2012, as the Zen Master writes in an update to his latest book with Hugh Delehanty, as excerpted in the New York Daily News. Jackson also says that he spoke to the Nets, Raptors and Suns about jobs in the wake of Lakers’ choice.
  • J.R. Smith appeared on ESPN’s First Take Thursday, telling the hosts that he wouldn’t blame the Knicks if they traded him (transcription via Ian Begley of ESPNNewYork.com). No. Absolutely not,” Smith said. “The way I was playing, I was playing like a person who didn’t want to be there. Not looking as focused as a person should be in that situation that we were, in the trenches. I wouldn’t blame them at all.” 
  • DeJuan Blair went into Washington’s $2,016,000 trade exception left over from when the team traded Eric Maynor at the deadline, tweets Eric Pincus of Basketball Insiders. Previous reports had indicated that the Wizards would absorb Blair into their new $8,579,089 trade exception created through Trevor Ariza‘s sign-and-trade to Houston, but it appears the team will instead preserve that exception. Just how much of the Maynor exception Blair will take up remains to be seen, since the precise amount of Blair first-year salary has yet to be reported.

Cray Allred contributed to this post.

Carmelo Anthony To Re-Sign With Knicks

2:22pm: Marc Stein of ESPN.com has the figures for all five seasons (on Twitter): It’s the maximum $22,458,401 in year one, followed by a discounted raise to $22,875,000 for year two, and maximum raises that bring Anthony’s salaries to $24,559,380, $26,243,760 and $27,928,140 in the final three years. That brings the total value to $124,064,681, exactly $5,071,124 less than the maximum for which he could have signed.

8:42am: Anthony will receive his maximum salary in the first year of his deal, according to Marc Berman of the New York Post. That precise max is $22,458,401, and it allows for a raise worth $1,684,380 each season. However, Anthony’s raise for the second season of the deal is $400K, Berman reports, adding that the contract will also include a 15% trade kicker should Anthony decide to waive his no-trade clause.

7:19pm: The deal also includes a no-trade clause, according to Frank Isola of the New York Daily News (Twitter link).

TUESDAY, 7:00pm: Anthony’s contract will be for $124MM over five years, sources tell Ian Begley of ESPNNewYork.com, who adds that Anthony will have an early termination option after the fourth season. The deal – which starts at $22.5MM in the first year – includes a “slight increase” in the second year followed by “larger increases” thereafter (Twitter links).

MONDAY, 10:05am: Anthony took a discount, Jackson confirms, and while the deal is for an estimated $122-123MM, the total value remains unclear, as Marc Berman of the New York Post details.

SUNDAY, 11:54am: Phil Jackson also confirms the pending agreement via the Knicks official Twitter account (Twitter links). Jackson said, “After 3 months of questions around Carmelo Anthony’s return to the NY Knicks we are now happy to know that we have the cornerstone of what we envision as a team of excellence. Steve Mills and I have assured Carmelo through our conversations, that we share the vision and the determination to build this team.

SUNDAY, 11:28am: Anthony has confirmed he will be returning to New York via his website. In his announcement, ‘Melo said, “This organization has supported me and in return, I want to stay and build here with this city and my team.” Contract details have not been announced yet.

1:10pm: The deal is for five years and more than $120MM, but the final amount is undetermined, and Anthony may still accept less than the max, sources tell Wojnarowski.

NBA: Washington Wizards at New York KnicksSATURDAY, 12:05pm: Carmelo Anthony will inform the Knicks of his decision to re-sign in New York within the coming hours, tweets Adrian Wojnarowski of Yahoo! Sports. Frank Isola of The New York Daily News first reported Anthony’s intention to return to New York earlier this week, but the former scoring champ appeared to fluctuate over the last few days in deciding between the Knicks, Lakers and Bulls. ‘Melo will sign a five-year contract. The deal will presumably be for a maximum salary of $129MM, although Knicks president Phil Jackson has suggested that there were multiple salary structures on the table for Anthony.

Anthony, ranked second in the Hoops Rumors Free Agent Power Rankings, was encouraged by the momentum Jackson had garnered the franchise, which included hiring Derek Fisher as head coach and acquiring Jose Calderon via trade. The Bulls offered ‘Melo the best opportunity to contend in the upcoming season, but were unable to offer nearly as much annual salary or as many years as New York, who exercised their Bird Rights to extend the winning bid to retain the All-Star.

The client CAA client will remain in New York for the duration of his prime, after coming to his home state in a 2011 trade from Denver. Since joining the Knicks, ‘Melo has put up some of his most effective seasons as an individual, but seen mixed results as the centerpiece for a blockbuster team. The Knicks have won a single playoff series since obtaining Anthony.

A series of poor decisions had turned the Knicks from hopeful contenders to a laughing stock to many last season, in which they finished 37-45. The hefty contracts for Anthony, Amar’e Stoudemire, Tyson Chandler, and Andrea Bargnani left the team with no cap flexibility, and a history of parting with draft selections and prospects had them headed toward the 2014 draft with no picks. However, Jackson was able to swing a series of moves that sent Chandler to Dallas and earned New York multiple second round picks.

‘Melo will hope Jackson, who has managed some of the game’s greats to many titles as a coach, can work some of the same magic as an executive. Jackson will work with Fisher to implement his triangle offense around Anthony’s strengths. Anthony’s belief in the future of New York will likely play a large part in determining his legacy, and whether he ever finds prolonged success in the playoffs. Anthony has standout averages of 25.3 PPG and 6.5 RPG for his career.

Photo courtesy of USA Today Sports Images.

Eastern Notes: Stephenson, Miller, Knicks

Some Pacers players attempted to persuade the team to sweeten its offers to Lance Stephenson, but the front office resisted, according to Sean Deveney of the Sporting News. Stephenson agreed early this morning to bolt for the Hornets, and as his new three-year, $27.5MM deal quickly came together, the Pacers never received the opportunity to match Charlotte’s offer, as Candace Buckner of the Indianapolis Star writes. There’s more on his deal amid the latest from the Eastern Conference:

  • The Mavs made a three-year $20MM offer to Stephenson, reports Adam Zagoria of SNY.tv (Twitter link). The new Hornets two-guard would have joined the Mavs instead if the Rockets hadn’t passed on matching the Mavs’ offer sheet to Chandler Parsons, according to Chris Broussard of ESPN.com.
  • The Pacers made two different five-year offers to Stephenson, but he rejected them both, favoring a shorter arrangement, agent Alberto Ebanks tells Buckner (Twitter link). Indiana wasn’t willing to go shorter than five years, Broussard writes in his piece.
  • The Nuggets had a three-year, $12MM offer on the table for Mike Miller, but he passed it up for two years and $5.5MM with the Cavs thanks to persistent entreaties from LeBron James, as Jeff Goodman of ESPN.com details.
  • Knicks president Phil Jackson thinks the team has too many guards, and he may end up waiving Wayne Ellington, whom New York acquired in the Tyson Chandler trade, writes Marc Berman of the New York Post.
  • The Jazz almost doubled the average annual value of the deal that the Wizards were willing to give Trevor Booker, according to J. Michael of CSNWashington.com.
  • The Hawks held on to Pero Antic through Tuesday, meaning his non-guaranteed salary for 2014/15 has become fully guaranteed for $1.25MM. The same is true for Kyle O’Quinn, whose minimum salary with the Magic went from non-guaranteed to fully guaranteed when Orlando kept him Tuesday.

And-Ones: Davis, Pacers, Thunder, Miller

Baron Davis is preparing himself for a return to the NBA this fall, reports Jared Zwerling of Bleacher Report (Twitter links). When asked what offensive system he likes, Davis said the Clippers’ and the Warriors’. Davis feels like he can play 15-20 minutes per game next year, notes Zwerling.

Here’s more from around the league:

  • Mike Miller is leaning towards signing with the Cavaliers, but the Nuggets are still in play for the free agent’s services, tweets Jeff Goodman of ESPN.com.
  • With LeBron James headed back to Cleveland, and Pau Gasol on his way to Chicago, the Central Division has gotten much tougher for the Pacers, writes Michael Marot of The Star Tribune. This makes re-signing Lance Stephenson even more of a priority, opines Marot.
  • Thunder assistant coach Brian Keefe will join Derek Fisher‘s coaching staff in New York, reports Darnell Mayberry of the Oklahoman.
  • The Thunder have to keep building their roster through the draft because the franchise is continuing to have difficulty luring free agents to Oklahoma City, writes Jon Hamm of ESPN.com.
  • With many of the biggest names in free agency now spoken for, Fred Kerber of The New York Post runs down the winners and losers in free agency thus far.
  • The Mavericks aren’t done upgrading their roster, writes Dwain Price of the Fort Worth Star-Telegram. President of basketball operations Donnie Nelson said, “We’re always looking for help in the backcourt, with an eye on 3-point shooting, and then kind of a rangy defender would be nice as well. We’re still in search of those, but those spots don’t necessarily need to be filled through free agency. Obviously there are trades and all kinds of other ways you can do that.”
  • The Warriors may be interested in free agent Brandon Rush, writes Diamond Leung of the Bay Area News Group. Rush averaged 9.7 PPG and 3.8 RPG in 67 games with Golden State before getting injured last season. GM Bob Myers said of Rush, “Rush was great. Everybody that’s been a fan saw how good he was for us, so if he’s healthy, and he can play, which we hear he can — we’ll go watch him and see — it’s a good addition if we could get him. You don’t know what the price would be, but we like Brandon.” The article also notes that Rush is scheduled to hold a workout for interested teams soon.

Eastern Notes: Knicks, Antic, Turner, Hornets

The Knicks are bringing back Carmelo Anthony on a near-max deal, but Knicks president Phil Jackson signaled that austerity is ahead for the club as it looks to preserve cap flexibility for next summer. Marc Berman of the New York Post has the details, including Jackson’s comments about his desire for the Knicks to get out of the tax, a goal that the team will be unable to accomplish for the coming season without significant salary-clearing trades.

Here’s more from the east:

  • The Hawks will not waive Pero Antic and his $1.25MM contract for next season will be fully guaranteed tomorrow, reports Chris Vivlamore of The Atlanta Journal-Constitution (Twitter link).
  • The Celtics are interested in free agent Evan Turner, tweets Jeff Goodman of ESPN.com, echoing last week’s report from Darren Wolfson of 1500 ESPN Twin Cities on Minnesota’s pursuit of the former No. 2 overall pick. Turner apparently remains the top priority for the Wolves, Wolfson adds (Twitter link).
  • The Hornets haven’t improved their team since free agency began, writes Scott Fowler of The Charlotte Observer. The team has failed to make a big splash, and the signing of Marvin Williams won’t offset the loss of Josh McRoberts to the Heat in free agency, opines Fowler.

Chuck Myron contributed to this post.

Pelicans Likely To Waive Omri Casspi

The Pelicans will likely waive Omri Casspi once their trade agreement to acquire the forward from the Rockets is complete, reports Marc Stein of ESPN.com, who indicates that the swap is expected to become official on Tuesday (Twitter link). The camp for the Dan Fegan client would love to see him wind up with the Knicks, tweets David Pick of Eurobasket.com.

Casspi’s minimum salary is non-guaranteed, and it wouldn’t become fully guaranteed unless the Pelicans waited until after the August 5th to waive him, and that doesn’t appear to be an option they’re considering. It’s somewhat surprising that the Pelicans are eager to let Casspi go, since he revived a flagging career last year in Houston, averaging 6.9 points in 18.1 minutes per game. He posted a PER of just 12.9, but he was a part of the rotation for a Houston team that won 54 games. He’ll likely merit consideration for at least a fully guaranteed minimum-salary deal.

The Pelicans have been involved in a series of moves in the past few days, acquiring Alonzo Gee from the Pelicans and moving him to Houston in the trade agreement that will net the team Casspi and Omer Asik. They’re also shipping Melvin Ely to the Wizards as part of the Asik trade.

Eastern Notes: 76ers, KG, Knicks, Pacers

The 76ers are wise to try and emulate the Spurs, writes Keith Pompey of the Philadelphia Inquirer.  Like the Spurs, the Sixers are putting emphasis on continuity, as evidenced by their commitment to reigning Rookie of the Year Michael Carter-Williams amidst trade speculation.  Of course, they also have a Gregg Popovich disciple in coach Brett Brown.  Here’s tonight’s look at the Eastern Conference..

  • Despite the loss of Paul Pierce, Chris Broussard of ESPN.com (on Twitter) hears that Kevin Garnett likes the direction of the Nets and is “excited” about joining them for the upcoming season.  That would indicate that Garnett, who is under contract for $12MM this season, won’t be retiring.  That jibes with a report from Tim Bontemps of the New York Post earlier today.
  • Knicks president Phil Jackson indicated to reporters today that he won’t be spending much more this summer after re-signing Carmelo Anthony, writes Al Iannazzone of Newsday.
  • Despite all of his idiosyncrasies, Paul George believes the Pacers will be a stronger title contender with Lance Stephenson back in the fold, writes Michael Marot of The Associated Press.  “It’s all on Lance’s plate,” George said. “I didn’t have to deal with this because I was a restricted free agent. It’s really up to Lance, but I will say I do want him to come back.”

And-Ones: Monroe, Celtics, Siva, Anthony

There is a possibility that restricted free agent Greg Monroe is avoiding signing any offer sheets in order to force a sign-and-trade deal out of Detroit, writes David Mayo of MLive. If Monroe never signs an offer sheet, the Pistons have nothing to match, and his agent David Falk could attempt to force a sign-and-trade to a preferred destination or advise Monroe to sign a qualifying offer which would then make Monroe an unrestricted free agent in 2015, notes Mayo.

Here’s more from around the league:

  • The Celtics best bet is to hold off on making any big moves until the summer of 2015, writes Chris Forsberg of ESPNBoston.com. In the piece, Forsberg breaks down Boston’s salary cap for the next two summers and weighs in on what moves the team could make.
  • If the Rockets match the offer sheet that Chandler Parsons signed with the Mavericks, this won’t leave Dallas with many options at small forward, writes Tim MacMahon of ESPNDallas.com. If the Mavs miss out on Parsons, look for them to make a run at Lance Stephenson, notes MacMahon.
  • The Mavericks have a history of losing out on restricted free agents, MacMahon writes in a separate article.
  • Carmelo Anthony‘s impending return to the Knicks was about business for both sides, not sentiment, writes Mike Vaccaro of The New York Post.
  • Anthony’s return to the Knicks signifies he’s more concerned about being paid than he is about winning, though that shouldn’t necessarily make him an object of scorn, writes J.A. Adande of ESPN.com
  • Peyton Siva’s non-guaranteed minimum salary contract became fully guaranteed for the coming season when he remained on the Pistons roster through Saturday.
  • The Hornets and the Mavericks are showing interest in free agent guard D.J. Augustin, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link).