Cavs Don’t Plan On Buying Out Tristan Thompson
The Cavaliers do not plan to buy out center Tristan Thompson despite agreeing to a trade for Pistons center Andre Drummond, David Aldridge of The Athletic tweets.
Thompson, who is making approximately $18.5MM this season, will become an unrestricted free agent this summer. Thompson was on the trading block, with Cleveland reportedly seeking a first-round pick for the 28-year-old. Thompson’s camp was hoping he would be dealt and now finds himself in a tricky situation the last two months of the season with the addition of Drummond.
Clients of Klutch Sports – which represents Thompson – typically don’t negotiate buyouts, but he and the people around him “definitely wanted him out of Cleveland,” Joe Vardon of The Athletic tweets. It’s unclear whether that desire has waned now that he wouldn’t get to take his Bird rights with him to a new destination.
Prior to adding Drummond, the Cavs were open to re-signing Thompson this summer, according to Chris Fedor of the Cleveland Plain Dealer. The front office had internal discussions about a contract extension but Thompson’s demands were too high. The team’s brass also wanted to keep its options open for the offseason. A sign-and-trade involving Thompson this summer is a possibility, Fedor adds.
Thompson is averaging 11.9 PPG and 10.4 RPG in 31.0 MPG this season.
Clippers Won’t Retain Isaiah Thomas
The Clippers won’t be keeping Isaiah Thomas after acquiring him in today’s three-team deal with the Wizards and Knicks, reports David Aldridge of The Athletic (Twitter link). Since the deadline has now passed, we can assume that means Los Angeles will be releasing Thomas once the trade is officially complete.
Thomas, who will turn 31 on Friday, started 37 games this season for the Wizards and has had a nice bounceback year, averaging 12.2 PPG and 3.7 APG with a .409/.413/.816 shooting line in 23.1 minutes per contest. He has been a liability on defense, however — Washington recorded a dismal 120.2 defensive rating during his minutes.
Waiving Thomas would open up a second spot on the roster, since the club also traded point guard Derrick Walton to Atlanta today. Los Angeles may be targeting specific players on the buyout market – including comeback candidate Darren Collison – for those roster openings.
Assuming Thomas is cut today, teams around the NBA will have an opportunity to claim him off waivers this weekend. Since he’s on a minimum-salary deal, no cap room or trade exception would be required to place a claim.
Wolves, Grizzlies Swap James Johnson, Gorgui Dieng
UPDATE: This trade is now official. See this story for more details.
The Timberwolves and Grizzlies have agreed to a trade that will send forward James Johnson to Minnesota and big man Gorgui Dieng to Memphis, according to Jon Krawczynski of The Athletic (Twitter link).
Johnson is technically still a member of the Heat but is being traded to Memphis in the six-player Andre Iguodala trade. The Dieng deal with the Wolves may be folded into that transaction to make it a three-team trade, tweets ESPN’s Adrian Wojnarowski.
As Chris Herrington of The Daily Memphian observes (via Twitter), swapping Johnson for Dieng will add a little more salary to Memphis’ books this season and next year, but the Grizzlies view the big man as a better fit on their depth chart.
Dieng, who is under contract for $16.23MM in 2019/20 and $17.29MM in 2020/21, has averaged 7.4 PPG and 5.6 RPG in 46 games (16.9 MPG). He was particularly effective during Karl-Anthony Towns‘ injury absence, posting 12.9 PPG and 8.9 RPG on .463/.409/.806 shooting in 15 starts during that time.
Johnson is making approximately $15.34MM this season and holds a $16MM option for next season. By trimming more payroll, the Tiimberwolves will be just $1.1MM above the luxury tax line with this move, Bobby Marks of ESPN tweets.
Both teams have been extremely active prior to the deadline, as Minnesota was also part of four-team blockbuster that landed it D’Angelo Russell.
Karl-Anthony Towns: “I’ve Been Losing For A Long Time”
The Timberwolves may have a problem with their franchise cornerstone, as Karl-Anthony Towns erupted after the team’s 13th straight defeat last night, writes Jon Krawczynski of The Athletic. Towns displayed minimal interest and effort throughout the home loss to the Hawks, Krawczynski adds, then spoke about his frustration after the game.
“I’ve been losing for a long time,” Towns said. “I’m not trying to do that (expletive) anymore. So every possession means a lot. You obviously see my patience running low with a lot of things. There’s no excuses. We gotta get it done.”
Towns’ personal losing streak is even longer, as he missed a month with a knee injury and subsequent illness and hasn’t been part of a victory since November 27. He also watched his best friend on the team, Robert Covington, get shipped to Houston this week in a four-team trade.
Towns posted 21 points and 11 rebounds last night, but his disengagement was obvious, Krawczynski observes, adding that there were several fourth-quarter possessions when he didn’t cross half court. Towns also wasn’t aggressive on offense, even though he had a size advantage over defenders Damian Jones and John Collins.
Krawczynski speculates that Towns may have been registering his displeasure with the Covington trade. After news of the deal broke late Tuesday night, Towns texted some of the team’s younger players to tell them they were getting a lessons in the business side of the NBA.
“I hope this is a great learning experience for them because this is what it is,” Towns said. “You could be very close and you could be with someone you cherish a lot and they could be gone the next day, not only in basketball but in life. I hope this a lesson and reminder for them.”
There were reports last month that the Knicks and Warriors were monitoring the situation in Minnesota to see if Towns might become available, but Wolves president of basketball operations Gersson Rosas responded by calling the 24-year-old center “as untouchable as they come.” While nothing is expected to happen before today’s deadline, it’s a story to watch, especially if the losing in Minnesota continues.
Pistons Unlikely To Trade Drummond Or Rose
It appears the Pistons‘ top two trade candidates will remain in Detroit past today’s deadline. There’s an “increased likelihood” that an Andre Drummond deal won’t materialize, tweets Chris Haynes of Yahoo Sports, while Derrick Rose is expected to stay unless the team gets an unexpected offer, writes Vincent Goodwill of Yahoo Sports.
The Pistons have been trying for weeks to find a taker for Drummond, with the Hawks and Knicks being prominently mentioned. However, interest from both teams cooled because of Detroit’s asking price and the expectation that Drummond will opt out of his $28.75MM salary for next season, making him a short-term rental if his new team isn’t ready to heavily invest long-term.
Sources tell Goodwill that the Pistons will consider moving Rose if they receive a lottery pick in return, but it’s hard to imagine that a non-contender would give up a high draft choice for the 31-year-old guard. The Lakers, Clippers and Jazz all inquired about Rose, Goodwill adds, but none of them has the draft capital the Pistons are looking for.
Rose has said he likes playing in Detroit and doesn’t want to be traded, even though the Pistons are a disappointing 19-34 and four games out of a playoff spot. Rose signed a two-year deal over the summer and will make $7.68MM next season.
With major deals apparently off the board, the Pistons will shift their focus to trying to move Markieff Morris and Langston Galloway, according to Rod Beard of The Detroit News (Twitter link). However, he notes that many of the contending teams have already completed trades, so the Pistons may not get the assets they want in return (Twitter link).
Detroit turned down an offer from the Celtics for Christian Wood, tweets James Edwards III of The Athletic. Wood, who has an expiring $1.6MM contract, may be the long-term replacement at center if Drummond leaves.
Knicks Plan To Hire Leon Rose As Head Of Basketball Operations
The Knicks and CAA player agent Leon Rose are nearing a deal that would make him the team’s new head of basketball operations, league sources tell Shams Charania of The Athletic (Twitter link).
ESPN’s Adrian Wojnarowski, who reported with Ramona Shelburne that Rose had become a top target for the Knicks, confirms that the team plans to hire the veteran agent as its next president (Twitter links). Ian Begley of SNY.tv first reported (via Twitter) that the Knicks had interest in Rose.
As Wojnarowski details (via Twitter), Rose has been one of the NBA’s top agents for years and has a star-studded list of clients that includes Joel Embiid, Chris Paul, Devin Booker, and Karl-Anthony Towns. The Knicks have plenty of experience dealing with Rose, as he also represents Carmelo Anthony.
Rose is expected to assume control of a front office that was previously run by Steve Mills, who was dismissed from his position as president of basketball operations earlier this week.
General manager Scott Perry took over as the top man in New York’s front office on an interim basis following Mills’ ouster, and he appears to be running the show for today’s trade deadline. He and the Knicks have a mutual option for 2020/21, meaning both sides would have to pick up that option for Perry to remain with the team, so we’ll see how that situation plays out. Newsday’s Steve Popper (Twitter link) hears that Perry is not expected to stay on under the new regime.
William Wesley, better known as “World Wide Wes,” is a strong candidate to join the Knicks’ front office under Rose, a source tells Begley (Twitter link). Wes, who is well-connected with players around the NBA, is a CAA consultant and has a strong relationship with Rose, according to Begley.
After firing Mills, the Knicks were immediately linked to Raptors president of basketball operations Masai Ujiri, who has long been considered New York’s dream candidate. However, given how quickly New York moved forward on its front office search, it seems as if Ujiri wasn’t a serious option, despite rumblings that he might have interest in the job.
Begley had reported this morning (via Twitter) that there was “serious pessimism” surrounding the Knicks’ pursuit of Ujiri, in part due to the compensation that would have been required to get him out of his Raptors contract. With the Knicks moving in another direction, fans in Toronto can rest easy.
Before deciding on Rose, the Knicks were said to be considering a handful of other player agents as they look to emulate a model that has succeeded for the Warriors and Lakers, who hired former agents Bob Myers and Rob Pelinka, respectively.
Austin Brown and Roger Montgomery were among the agents reportedly receiving consideration from the Knicks, along with B.J. Armstrong, as Stefan Bondy of The New York Daily News reported this morning (via Twitter).
Once Rose is officially hired by the Knicks, one of his first tasks this spring will be making a decision on the team’s head coach. Mike Miller has held that position on an interim basis since replacing David Fizdale earlier in the season.
Heat Aim To Extend Danilo Gallinari As Part Of Trade
Having already agreed to a contract extension with Andre Iguodala as part of the trade that will send him from the Grizzlies to the Heat, Miami is looking to do the same with Danilo Gallinari, who is expected to be acquired from the Thunder in a three-team trade, reports ESPN’s Adrian Wojnarowski (via Twitter). According to Wojnarowski, the Heat and Gallinari’s reps were working overnight on a possible extension.
As we detailed late on Wednesday night, the exact terms of the trade that will send Iguodala and Gallinari to Miami remain unclear. We know the Grizzlies are acquiring Justise Winslow, but no other pieces have been confirmed. The belief is that Jae Crowder and Solomon Hill would be involved, likely heading to Oklahoma City. James Johnson and Dion Waiters are among the other rumored outgoing pieces for Miami and would presumably both end up in Memphis. Draft compensation would also be involved.
Assuming the three teams reach a trade agreement, Gallinari would be eligible to sign a new contract with the Heat that extends his current deal by two additional years, with 5% annual raises. Typically, veteran extension rules are less restrictive, but extend-and-trade rules limit new deals to three total years (including the current season) and modest raises.
Based on his current $22.62MM salary, Gallinari could receive as much as $23.75MM for 2020/21 and $24.88MM in 2021/22. However, as Woj notes, the Heat’s desire to preserve cap room for the 2021 offseason may complicate matters. Miami’s extension with Iguodala features a non-guaranteed team option for that ’21/22 season, allowing the team to maintain flexibility. It’s not clear if Gallinari would be on board with a similar arrangement.
As cap expert Albert Nahmad details (via Twitter), the Heat currently project to have more than $50MM+ in cap room for 2021, assuming Iguodala’s option is turned down. A pricey guaranteed salary for Gallinari would compromise the club’s ability to create a maximum-salary slot unless contracts are stretched.
It will be interesting to see how creative Miami gets — Nahmad points out (via Twitter) that using a descending salary structure or making that 2021/22 partially guaranteed could help the team stay somewhat flexible.
Kings Intend To Retain Bogdanovic Through Deadline
A report two weeks ago suggested the Kings were unlikely to move Bogdan Bogdanovic at this year’s deadline, but his name has continued to surface in trade rumors since then. Now, with just hours to go until the 2020 deadline arrives, James Ham of NBC Sports California reports more definitively that Sacramento intends to hang onto Bogdanovic.
When the Kings agreed to send Dewayne Dedmon to the Hawks on Wednesday night, it helped create some extra flexibility for the team moving forward. Dedmon has a guaranteed $13.3MM salary for next season, while incoming players Alex Len and Jabari Parker could both reach the open market — Len is on an expiring contract, while Parker has a $6.5MM player option. Even if Parker exercises that option, Sacramento will have saved $6.8MM for 2020/21 in the swap.
A source with knowledge of the Kings’ plans tells Sam Amick of The Athletic that the Dedmon deal was made in part with Bogdanovic’s future in mind. Marc Stein of The New York Times referred to re-signing Bogdanovic as a “major motivation” for that trade with the Hawks, adding (via Twitter) that Sacramento is now optimistic it has the flexibility necessary to work out a new deal directly with the RFA-to-be or match any offer sheet.
Bogdanovic, is having arguably his best year as a pro, averaging a career-best 14.6 PPG to go along with 3.3 APG, a .437 FG%, and a .378 3PT%. The third-year swingman has the ability to handle multiple positions, playing on or off the ball, and drawn interest from a number of teams around the NBA, including the Lakers, Sixers, and Hornets.
Ham has previously suggested that Bogdanovic’s price tag could be in the $15-18MM range. As Amick points out, trading Dedmon means the Kings could go all the way up to $20MM+ if necessary and still not be at risk of entering tax territory. Amick also notes that the trades being made by Atlanta and Memphis this week figure to significantly reduce their cap room for the offseason, perhaps reducing the odds that one of those rebuilding clubs makes a run at Bogdanovic.
Latest On The Andre Iguodala Trade
Negotiations are continuing in an effort to make the deal sending Andre Iguodala to Miami a three-way trade that would also enable the Heat to acquire Thunder forward Danilo Gallinari, tweets ESPN’s Adrian Wojnarowski.
One way the Heat could facilitate trade talks is to remove protections on a lottery-protected 2023 first-round draft pick they owe to Oklahoma City, sources tell Wojnarowski (Twitter link). That would free up Miami to unconditionally trade its 2025 first-rounder, explains Anthony Chiang of The Miami Herald (Twitter link).
Because of hard-cap restrictions, Miami will need to send out at least $39.8MM in salary to fit Iguodala ($17.2MM) and Gallinari ($22.6MM) on its roster, according to Barry Jackson of The Miami Herald (Twitter link). He notes that Justise Winslow, who is already believed to be part of the deal, Dion Waiters and James Johnson add up to $40.4MM.
Johnson’s representatives tell Jackson that they are expecting their client to be included in the transaction, but several other teams have expressed interest as well (Twitter link). Jackson identifies the Bucks, Rockets and Timberwolves as teams that have inquired about the veteran forward.
Meanwhile, the Grizzlies held Jae Crowder and Solomon Hill out of Wednesday’s game in Dallas, and Dillon Brooks spoke after the game as if they were being traded, though that hasn’t been confirmed (video link via ESPN’s Tim MacMahon). Moving Crowder and Hill along with Iguodala would allow Memphis to take back up to $47MM+ in salary, if necessary.
In an interview with Marc J. Spears of the Undefeated, Iguodala said he plans to join the Heat and take his physical in Sacramento on Friday. He’s excited to be coming to Miami, but after not playing since June he isn’t sure when he’ll be ready to be activated (Twitter link).
“Jimmy Butler is very well respected in terms of passion and hard work he brings to the game,” Iguodala said. “His temperament and values he has really resonates with the Heat. They’re very well aligned. He’s brought out the most in those young guys. Those are some of the guys I’m really excited about. I feel I can make the most impact with those guys. I’m a big fan of Bam [Adebayo]. … Really looking forward to playing with him. … Been hearing about him last couple of years. Help him get better. Really excited about that opportunity.”
Grizzlies’ Dillon Brooks Signs Three-Year Extension
11:28pm: The extension is official, the Grizzlies announced on Twitter.
10:51pm: The Grizzlies have reached a three-year, $35MM extension agreement with Dillon Brooks, tweets ESPN’s Adrian Wojnarowski. Brooks had been on track to reach restricted free agency this summer.
Brooks’ new deal is fully guaranteed without any options, and will be worth $11.4MM in the first year, $12.2MM in the second and $11.4MM in the third, according to Chris Herrington of The Daily Memphian (Twitter links).
[RELATED: 2019/20 NBA Contract Extension Tracker]
The 24-year-old swingman has been an important part of Memphis’ resurgence and the team’s surprising run at a playoff spot. He’s posting career highs across the board in his third NBA season, averaging 16.1 points, 3.4 rebounds and 2.1 assists per game. He has reclaimed his place in the starting lineup after being limited to 18 games in an injury-plagued 2018/19.
Brooks has also emerged as a vocal leader on the team. He called out Andre Iguodala earlier this week for electing to sit out rather than play for Memphis and said he couldn’t wait to face him on the court once he was traded.
After years of salary-cap issues, the rebuilt Grizzlies now have plenty of room going forward, so Brooks’ salary won’t be an issue. His extension is the first of what should be several long-term deals that Memphis will hand out to its young talent.
Photo courtesy of USA Today Sports Images.