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NBA Taxpaying Teams For 2015/16

July 3rd, 2016 at 1:49am CST by Luke Adams

With the salary cap set for the new league year, the NBA has finalized its luxury-tax calculations for the 2015/16 season, and the champion Cavaliers will be on the hook for a hefty bill. According to ESPN’s Marc Stein, owner Dan Gilbert and the Cavs, having spent well beyond the luxury-tax threshold last season, owe a tax payment of $54MM.

Here’s the complete list of taxpaying teams for the 2015/16 season, per Stein:

Cleveland Cavaliers: $54MM
Los Angeles Clippers: $19.9MM
Golden State Warriors: $14.8MM
Oklahoma City Thunder $14.5MM
Houston Rockets: $4.9MM
San Antonio Spurs: $4.9MM
Chicago Bulls: $4.2MM

The tax payments owed by those seven teams total nearly $120MM, and according to Stein, half of that money will be used to fund the NBA’s revenue-sharing program. The other half will be split up equally among the league’s 23 non-taxpaying teams, with each franchise receiving about $2.5MM.

On the other end of the spectrum, the Trail Blazers and Magic were the only teams to fall short of the $63MM floor, per Eric Pincus of Basketball Insiders (Twitter link). They’ll have to make up the difference by cutting checks to the players who finished the season on their respective rosters.

Magic Sign Bismack Biyombo

July 2nd, 2016 at 2:45pm CST by Eddie Scarito

Nick TurchiaroUSA TODAY Sports Images

JULY 7, 10:18am: The Magic have formally announced Biyombo’s signing (via Twitter).

JULY 2, 2:45pm: Adrian Wojnarowski of the Vertical tweets that the pact will be worth $72MM over four years.

2:27pm: The contract is estimated at four-years and approximately $70MM, per Marc Stein of ESPN.com (on Twitter).

2:15pm: The Magic and unrestricted free agent Bismack Biyombo have come to terms on a deal, Jon Krawczynski of The Associated Press reports (on Twitter). The agreement is for four years, but the amount of the pact has yet to been reported.

Biyombo’s stock rose dramatically during the Eastern Conference playoffs, when his playing time spiked after Jonas Valanciunas was injured. He averaged 5.5 points, 8.0 rebounds and 1.6 blocks while appearing in every regular-season game, then bumped those averages to 6.2/9.4/1.4 in 20 playoff games. He opted out of his deal and the $2.9MM he was set to earn next season and all but assuredly secured himself a hefty raise as a result.

Toronto reportedly wanted to retain Biyombo, but only held his Non-Bird rights, which meant it would have to use cap room to re-sign him. A number of roster moves designed to free cap space would have been needed to make that a possibility. Moves that the team was either unwilling or unable to make.

The addition of Biyombo, coupled with the trade acquisition of former Thunder forward Serge Ibaka certainly gives Orlando and imposing frontcourt defensively. It remains to be seen if these additions will prompt the team to shop center Nikola Vucevic, whose salary of $12,250,000 is looking more and more like a bargain every day.

Free Agent Rumors: Durant, Anderson, Mahinmi

July 1st, 2016 at 8:42pm CST by Luke Adams

Kevin Durant‘s meeting with the Clippers has concluded, and Durant was “blown away” by the team’s presentation, according to Chris Broussard of ESPN.com (via Twitter). It’s hard to know yet exactly what that means, since Durant was also reportedly impressed with the Warriors‘ pitch earlier in the day — it would probably be more newsworthy if Durant had been unimpressed by one of the teams’ presentations. In any case, the former MVP has sit-downs with the Spurs and Celtics on tap for tomorrow, then is expected to meet with the Heat on Sunday – and possibly the Thunder again after that – before making his decision.

Let’s check in on a few more free agent updates from across the NBA…

The Raptors had a meeting today in Los Angeles with free agent forward Ryan Anderson, writes Mark Medina of The Los Angeles Times. Toronto inquired on Anderson at the trade deadline as well, as Josh Lewenberg of TSN.ca tweets, but the team would have to clear salary from its cap – and possible let Bismack Biyombo go – in order to have any shot at signing him.
Ian Mahinmi won’t return to Indiana, with the Pacers set to add Al Jefferson, but Mahinmi has no shortage of suitors, according to David Aldridge of NBA.com (Twitter links). Aldridge identifies the Spurs, Wizards, Timberwolves, Hornets, Mavericks, Trail Blazers, and Magic as clubs in the mix for the free agent center.
The Nets have put a two-year, $18MM offer on the table for Jared Dudley, who is still receiving interest from the Jazz and Suns, reports John Gambadoro of Arizona Sports 98.7 (Twitter link).
The Spurs, Nets, and Bulls have expressed interest in free agent big man Jordan Hill, a source tells Sean Deveney of The Sporting News (Twitter link).
The Timberwolves have been very active, reaching out to many free agents during the first day of July. Jamal Crawford and Randy Foye were among the players to receive a call from the Wolves today, according to Darren Wolfson of 5 Eyewitness News and Jerry Zgoda of The Star Tribune, respectively (Twitter links).
Veteran big man Kris Humphries is a strong candidate to return to the Nets, a source tells Stefan Bondy of The New York Daily News (Twitter link). Brooklyn was one of six teams mentioned as a potential Humphries suitor earlier today.

Latest On Al Horford, Celtics

July 1st, 2016 at 5:45pm CST by ChrisCrouse

The Celtics will meet with Al Horford later tonight in Atlanta and the team intends to put a max offer on the table, according to Steve Bulpett of the Boston Herald. Isaiah Thomas and Jae Crowder will be among the attendees present at the meeting, according to Alex Kennedy of Basketball Insiders and Adam Himmelsbach of the Boston Globe (Twitter links).

Danny Ainge seems confident about his chances of signing Horford, as Evan Turner told Himmelsbach (full-length piece). Ainge told Turner that he was interested in having Turner re-sign with the team, but Boston was going to go after Horford and Kevin Durant before making an offer to the versatile wing. Turner worked out with Kyle Korver on Thursday and Korver told him that Horford would be re-signing with Atlanta. However, earlier today, Turner received a text message from Korver, asking him to call, and Turner had a sense that something had changed, Himmelsback writes. The Hawks signed Dwight Howard to a three-year, $70MM deal today, so perhaps the franchise was under the same impression.

Horford reportedly met with the Rockets earlier today and it’s unclear if any other teams have sat down with the former Florida Gator. Horford reportedly would like to stay in Atlanta and the team would like to bring the big man back. However, the team’s reluctance to offer a fifth year may drive Horford to sign elsewhere, as Zach Lowe of ESPN.com previously reported.

The Celtics have a meeting lined up with Durant on Saturday and if they can sign Horford, that would make Boston a more desirable destination for the 2013/14 MVP either this summer or next, Bulpett adds. Boston has relatively easy path to opening up enough cap space to sign both Horford and Durant to max contracts. The team would simply need to decline Jonas Jerebko‘s and Amir Johnson‘s respective team options and renounce the rights to both Jared Sullinger and Tyler Zeller.

Horford would be a perfect fit in Boston, as one anonymous coach told Bulpett. “Look at what they were trying to do with [Jared] Sullinger, and now put a guy in that spot who can make the shots. That would change their offense big-time,” the coach told Bulpett.

In addition to the Celtics, Hawks, and Rockets, Horford is receiving interest from the Thunder, Lakers, Magic, Pistons, Wizards, and Nets. The Heat were reportedly interested, but they are likely out of the running after agreeing to re-sign Hassan Whiteside.

Magic Sign Jeff Green

July 1st, 2016 at 5:38pm CST by Luke Adams

JULY 7: The Magic have officially signed Green, the team announced today in a press release.

JULY 1: After acquiring one former Thunder forward in a trade last month, Orlando general manager Rob Hennigan has now agreed to sign another former Oklahoma City frontcourt player. According to Jeff Zillgitt of USA Today (Twitter link), the Magic have reached an agreement on a one-year, $15MM deal with Jeff Green.

[RELATED: Magic to re-sign Evan Fournier]

Green, who will turn 30 in August, appeared in a total of 80 games this past season for the Grizzlies and Clippers, averaging 11.7 PPG, 4.2 RPG, and 1.7 APG. The veteran forward, who started his career with the SuperSonics a year before they became the Thunder, heard from the Clippers last night, but their interest in re-signing him didn’t materialize into a deal.

Signing a one-year contract this summer will allow Green to reach the open market again in a year, when the salary cap will easily exceed $100MM. If he has a strong season in Orlando, Green could parlay his performance into a more lucrative multiyear deal next time around.

The Magic have been very active so far this offseason, sending Victor Oladipo, Ersan Ilyasova, and the rights to Domantas Sabonis to Oklahoma City for Serge Ibaka. Orlando followed up that move by acquiring Jodie Meeks in a deal with the Pistons, then reaching long-term agreements with D.J. Augustin and Evan Fournier in free agency.

Photo courtesy of USA Today Sports Images.

Magic Sign D.J. Augustin

July 1st, 2016 at 10:30am CST by Luke Adams

JULY 7, 12:27pm: The Magic continue to finalize their agreements from the moratorium, announcing today (via Twitter) that Augustin has officially signed his new contract.

JULY 1, 10:30am: Augustin’s pact will be for four years and worth $29MM, Chris Broussard of ESPN.com reports (on Twitter).

3:45am: The Magic have reached an agreement on contract terms with point guard D.J. Augustin, reports Adrian Wojnarowski of The Vertical (Twitter link). Financial terms of the deal aren’t yet known.

Augustin, 28, split his time between Oklahoma City and Denver last season, after a deadline deal sent him from the Thunder to the Nuggets. In total, he appeared in 62 games, averaging 7.5 points and 3.2 assists in a part-time role. He was also his usual dependable self from three-point range, shooting 40.5% from downtown.

C.J. Watson was Orlando’s veteran backup at the point guard spot down the stretch last season, but with Brandon Jennings expected to depart in free agency, it makes sense for the Magic to add some more depth at the position to help complement Elfrid Payton.

Free Agent Rumors: Wade, Heat, Lakers, Horford

July 1st, 2016 at 4:34am CST by Luke Adams

A source involved in the Dwyane Wade situation tells Barry Jackson of The Miami Herald that the Heat have been unable to tell Wade exactly what they’re willing to pay him because their plans will largely depend on whether or not they land Hassan Whiteside and/or Kevin Durant. That has left Wade feeling frustrated, since he wants to be a priority for the team. Still, Jackson says it would be a surprise if the veteran guard ultimately ended up anywhere except Miami.

Here are several more rumors and updates left over from what has been a busy first few hours of free agency:

The Lakers didn’t reach out to Al Horford when free agency began, but they do have interest in him, says Ramona Shelburne of ESPN.com. It’s not clear whether that interest has dwindled at all now that the team has agreed to terms with Timofey Mozgov.
The Magic have expressed interest in Jeff Green, according to Alex Kennedy of Basketball Insiders (Twitter link).
Dwight Howard has sit-downs lined up with four teams, with his Friday meetings happening in Atlanta and his Saturday meetings happening in Las Vegas, tweets ESPN’s Chris Broussard. We know Howard is meeting with Atlanta and Boston, but it’s not clear who his other two suitors are.
Don’t be surprised if – and when – the Pistons go after Thomas Robinson, per David Mayo of MLive.com (Twitter link).
Lance Thomas and Langston Galloway each received interest from a handful of teams as free agency got underway, with the Thunder, Timberwolves, Nets, and Hawks calling Thomas, according to Ian Begley of ESPN.com. The Knicks would like to re-sign both players.
E’Twaun Moore will start hearing pitches on Friday and his free agency may move quickly, sources tell ESPN’s Marc Stein (Twitter link). The Bulls are viewed as the favorites to retain Moore.
When he called free agent guard Jamal Crawford on Thursday night, Clippers coach Doc Rivers swore Crawford wouldn’t be going anywhere, per Sam Amick of USA Today (Twitter link).

FA Rumors: DeRozan, Crawford, Clippers, Dudley

July 1st, 2016 at 12:47am CST by Luke Adams

Darren Wolfson of 5 Eyewitness News has updates on a pair of free agent shooting guards, reporting (via Twitter) that the Sixers and Lakers have inquired tonight on DeMar DeRozan, who is meeting with the Raptors in Los Angeles. Toronto remains the strong favorite to re-sign DeRozan. Wolfson also tweets that Jamal Crawford has received calls tonight from the Sixers, Knicks, Clippers, Magic, and Heat.

Here’s more from across the NBA:

In addition to reaching out to Crawford tonight, the Clippers also met with Austin Rivers in Orlando and Jeff Green in Miami, doing due diligence on their pending free agents, tweets Dan Woike of The Orange County Register. After meeting with the Clips, Rivers is expected to talk to the Knicks and possibly the Trail Blazers on Friday, per Adrian Wojnarowski of The Vertical (Twitter link).
The Nets, Jazz, and Suns are among the teams in pursuit of Jared Dudley, with the Wizards also in the hunt to bring back the veteran sharpshooter, tweets ESPN’s Marc Stein. Utah had a meeting with Dudley tonight, according to Tony Jones of The Salt Lake Tribune (Twitter link).
League sources continue to tell Alex Kennedy of Basketball Insiders (Twitter link) that the Kings may be preparing a “significant” offer for restricted free agent Dion Waiters. The Thunder would have the opportunity to match an offer sheet, but may not be aggressive in trying to retain Waiters now that they have Victor Oladipo.
The Thunder were indeed among the teams to reach out to Al Horford tonight, per Ramona Shelburne of ESPN.com. A Thursday report indicated that Oklahoma City has its eye on Horford as part of its pitch to keep Kevin Durant.
Speaking of Durant, during The Vertical’s free agency show tonight, Wojnarowski said that Jay-Z and Roc Nation tried to push Durant to take a free agent meeting with the Nets, but KD dismissed that idea (Twitter link via Anthony Puccio of NetsDaily).

Oladipo Deal May Help Keep Fournier In Orlando

June 30th, 2016 at 10:13pm CST by Arthur Hill

Free agent swingman Evan Fournier said he wants to stay with the Magic, writes Josh Robbins of The Orlando Sentinel. Fournier, whose role likely increased with last week’s trade of Victor Oladipo to the Thunder, said he isn’t sure if his agent lined up meetings with any other teams. “Obviously, our priority is the Magic,” Fournier said. “I’ve said it many times: I feel great here.”

Details On Pick Traded By Magic In Meeks Deal

June 30th, 2016 at 3:00pm CST by Luke Adams

RealGM’s list of future traded draft picks has the details on the future second-rounder sent to the Pistons by the Magic in the Jodie Meeks trade. The criteria are some of the most convoluted I’ve seen on a traded pick, but the upshot is that Detroit will receive a 2019 second-round selection from either Cleveland, Houston, Portland, or Orlando.