Orlando Magic Rumors | Hoops Rumors

Magic, Al Horford Have Mutual Interest

February 19th, 2016 at 11:02am CST by Chuck Myron

The Magic and Al Horford share interest in each other with free agency looming for the big man and Orlando having opened plentiful cap room with its trades this week, a source told Sean Deveney of The Sporting News. Zach Lowe of ESPN.com tweeted Wednesday that he expects the Magic to push hard for the Jason Glushon client this summer. Horford remains with Atlanta, though he was reportedly in play for a trade as late as two hours before Thursday’s deadline.

Atlanta was nonetheless setting a high price in trade talks for the former University of Florida standout who holds the Hawks in high regard. His Bird rights are tied to Atlanta, meaning the Hawks are the only team that can offer him a fifth year in a contract, a factor that Lowe hears will be of utmost importance to the 29-year-old. The Hawks can also give him 7.5% raises instead of the 4.5% raises other teams are limited to, so a five-year package from Atlanta would be worth $36.852MM more than a four-year deal from the Magic or anyone else, based on the NBA’s projection of a $24.9MM maximum salary for players with Horford’s level of experience. However, Florida’s lack of a state income tax mitigates that difference, at least to some degree.

Deveney speculates about the prospect of Horford and fellow soon-to-be free agent Joakim Noah, Horford’s college teammate, joining forces in Orlando. Noah is unlikely to re-sign with the Bulls, Deveney writes, a view that conflicts with Bulls GM Gar Forman‘s optimism on the matter, which Forman expressed Thursday to reporters, including Nick Friedell of ESPNChicago.com (Twitter link). Noah and Magic coach Scott Skiles didn’t always see eye-to-eye when they were together on the Bulls, but much has changed since then, according to Deveney, and players generally like working under coach Scott Skiles despite his reputation as a hard-liner, Deveney writes.

The Magic have the flexibility necessary to spend on multiple high-profile free agents if they can attract them to Orlando. They have only about $36MM in guaranteed salary against a salary cap for next season that’s estimated to be between $89MM and $95MM. The Magic will also go after DeMar DeRozan, according to Deveney, but he’s consistently made it clear he wants to re-sign with the Raptors.

Cavs Acquire Frye, Trade Varejao To Blazers

February 18th, 2016 at 11:54pm CST by Chuck Myron

Kim Klement / USA Today Sports Images

4:52pm: The Cavaliers have acquired Channing Frye and traded Anderson Varejao to the Trail Blazers in a deal that’s officially structured as two separate trades, the Cavs announced via press release. The Blazers and Magic have also formally acknowledged their respective sides of the arrangement. The Cavs sent Varejao and their top-10 protected 2018 first-round pick to the Trail Blazers for their own 2020 second-round pick, which Cleveland had relinquished to Portland in a previous trade. Cleveland then sent it to the Magic, without protection, along with Jared Cunningham, for Frye. The Blazers subsequently waived Varejao, and John Denton of Magic.com confirms an initial report from Marc J. Spears of Yahoo Sports that the Magic will waive Cunningham (Twitter link).

The Cavs hadn’t been optimistic about landing Frye, believing the Clippers would outbid them, notes Jason Lloyd of the Akron Beacon Journal (on Twitter), but L.A. wouldn’t bite on a reported proposal that reportedly involved Lance Stephenson and C.J. Wilcox. The Magic had been trying to trade Frye, according to an earlier report from Marc Stein of ESPN.com, who suggested the effort to find a taker for the 32-year-old would accelerate once the team traded Tobias Harris, Frye’s cousin. Frye has two years and nearly $15.228MM left on his contract after this season.

“Channing Frye is someone we know well. His length, floor spacing ability and locker room presence will impact us positively,” Cavs GM David Griffin said in the team’s statement. “He is a great fit with our group, both on the court and off, and we look forward to Channing, his wife Lauren, and their children, Hendrix and Margaux joining us here in Cleveland.”

The 32-year-old Frye has long been a prototypical floor-stretching big man, nailing 39.7% of his 3-pointers this season and 38.7% for his career. He averaged 17.1 minutes per game this season in Orlando, the second fewest of his career but more than Varejao, who saw 10.0 minutes per game this year in Cleveland, where he’s spent all of his 12 NBA seasons. The longtime confidant of LeBron James, who entered the league the same year Varejao did, saw his playing time slashed to new lows this season as he returned from an injury that prematurely ended last season for him.

“Anderson is a special player, teammate and person,” Griffin said. “Few players have earned the respect, support and admiration of an entire organization, fan base and community as Andy did here. Those are all things that made this a difficult deal to do. At the same time, we have a deep obligation to do whatever we can to reach our ultimate goal and we believe this was a deal that improves our team now and positions us better in the future as well. We thank Andy for his hard work, dedication and contributions to the Cavaliers and our community and wish him and his wife, Marcelle, the very, very best.”

The Cavs reportedly offered Varejao for Frye to the Magic, who were reluctant, but the Cavs insisted that they be able to offload Varejao somehow if they were to come away with Frye, wary of the tax implications of having both on the roster. Thus, the Blazers came into the picture, absorbing Varejao into their ample cap space and turning a second-rounder into a first for their trouble. Varejao has close to $10MM in guaranteed salary for after this season remaining on the extension he signed with the Cavaliers in 2014.

“This was an opportunistic way to use our cap room to acquire a valuable asset,” Blazers GM Neil Olshey said.

The pair of swaps save the Cavaliers an estimated $10MM in combined salary and projected luxury tax penalties, as Dave McMenamin of ESPN.com notes (Twitter link). Frye makes $8,193,029 this season, while Varejao has a $9,638,554 salary that increases slightly thanks to a 5% trade kicker. Cunningham makes the three-year veteran’s minimum salary of $981,348 but only costs $947,276, the equivalent of the two-year veteran’s minimum, to the Magic because he is on a one-year deal. Orlando will be stuck with that figure on its books, though that’s scarcely burdensome, since the subtraction of Frye takes the Magic significantly below the salary cap.

It’s somewhat surprising that Orlando isn’t keeping Cunningham, the 24th overall pick from 2012 whose NBA career was in jeopardy before a strong preseason performance in which he averaged 12.4 points per game allowed him to make Cleveland’s opening-night roster on what was initially a non-guaranteed deal. He forged a close kinship with LeBron. Regardless, neither he nor Varejao will be allowed to rejoin Cleveland this season even if they clear waivers and become free agents.

The Cavaliers used their $10,522,500 Brendan Haywood trade exception to accommodate the Frye trade, reducing its value to $2,329,471. The Varejao trade allows them to create a new sizable trade exception, worth $9,638,554, that won’t expire for another year. Offloading Cunningham allows the Cavs another new trade exception, worth $947,276.

Frank Isola of the New York Daily News first reported the Cavs would acquire Frye from the Magic (Twitter link). Sam Amick of USA Today had news of Varejao going to the Blazers (Twitter link), while Adrian Wojnarowski of The Vertical on Yahoo Sports reported that the Blazers would waive him (Twitter link). USA Today’s Jeff Zillgitt heard Cunningham was going to Orlando (Twitter link), while Marc J. Spears of The Vertical on Yahoo Sports relayed that he’d also be waived (Twitter link). McMenamin had word that the first-rounder was going to Portland (Twitter link), and Eric Gunderson of The Columbian heard that the first-rounder headed to Portland was top-10 protected (Twitter link). Spears reported the Magic would get a second-round pick (Twitter link). RealGM shows it’s Cleveland’s own 2020 pick and unprotected, and also confirms that the 2018 first-rounder going to Portland is Cleveland’s own.

Pacific Notes: Griffin, Wilcox, Frye

February 18th, 2016 at 7:10pm CST by Eddie Scarito

Clippers power forward Blake Griffin will face extra scrutiny for his role in an off the court incident involving a member of the team’s training staff when he returns from injury and his four-game suspension, Michael Lee of The Vertical on Yahoo Sports writes. Griffin has come under fire before for his physical style of play and there is a strong chance that other players will attempt to test Griffin’s response to aggressive play against him, Lee adds, though coach/executive Doc Rivers doesn’t think it will be an issue for his player. “Listen, he’s tested every night,” Rivers told Lee. “Blake gets hit, chipped more than any player in the league. He’s already been tested.”

Here’s more from the Pacific Division:

The Clippers turned down four deals that involved shooting guard C.J. Wilcox, Marc J. Spears of The Vertical on Yahoo Sports relays (via Twitter). The 25-year-old has only appeared in eight contests this season, averaging 0.8 points in 2.9 of action per game.
Despite their wealth of talent, the Warriors did not receive one trade inquiry prior to today’s deadline, Gery Woelfel of The Racine Journal Times tweets.
The Clippers passed on the chance to acquire Channing Frye from the Magic because the team preferred Jeff Green, whom it landed from Memphis in exchange for Lance Stephenson, Ramona Shelburne of ESPN.com relays (on Twitter).
Lakers GM Mitch Kupchak doesn’t want to discuss the future of Byron Scott and indicated that the coach’s status with the organization hasn’t changed, Jovan Buva of ESPN.com notes. “Byron is under contract, and until that changes, or if that changes, I’ll let you know,” Kupchak said. “Once again, I don’t want to get into a Byron discussion right now,” Kupchak continued. “So I’m not going to really answer any more questions about Byron, because I’m concerned that one question will lead to another, and if his status changes, I will let you know.“

Eastern Rumors: Teague, Gasol, Nets

February 18th, 2016 at 1:04pm CST by Will Joseph

The Hawks have stopped trade talks involving Jeff Teague, whom the Knicks and Jazz (among others) reportedly covet, Adrian Wojnarowski of The Vertical on Yahoo Sports reports (Twitter links). Our own Chuck Myron examined the point guard’s trade candidacy last month.

Here’s more from the Eastern Conference:

The Nets never wound up interviewing Wizards senior VP of basketball operations Tommy Sheppard despite asking Washington’s permission to do so, according to Brian Lewis of the New York Post.
Knicks GM Steve Mills spoke with the Timberwolves about Ricky Rubio, but the Knicks believe Minnesota won’t deal him, and while New York contacted the Rockets about Ty Lawson, neither dialogue is active, reports Marc Berman of the New York Post.
The Celtics have thus far been unwilling to pay a premium for Al Horford or Dwight Howard, sources tell Wojnarowski (Twitter link).
The Bucks have reached out to the Sixers about Kendall Marshall but haven’t made progress on that front, reports Wojnarowski (Twitter link).
Pau Gasol confirmed today the Bulls are in the lead to re-sign him when he opts out, as expected, this summer, tweets K.C. Johnson of the Chicago Tribune. An earlier report indicated he preferred to join forces with Marc Gasol on the Grizzlies.
The Pistons are still deliberating on their point guard situation, Vince Ellis of the Detroit Free Press hears (Twitter link).
The Magic are expected to make a big push this summer for Horford, Zach Lowe of ESPN.com tweets.

Chuck Myron contributed to this post.

Bulls, Magic Talk Aaron Brooks, Shabazz Napier

February 18th, 2016 at 1:02pm CST by Chuck Myron

The Bulls and Magic are discussing a would-be deal involving Shabazz Napier, reports Adrian Wojnarowski of Yahoo Sports (on Twitter). Aaron Brooks would be heading Orlando’s way, reports Vince Goodwill of CSNChicago.com (Twitter link). Orlando is believed to have been making Napier available, as Steve Kyler of Basketball Insiders reported earlier today. Brooks could veto any trade, since he re-signed with the Bulls in the offseason on a one-year contract and would lose his Bird rights if he’s dealt.

Clippers, Magic Discuss Channing Frye Trade

February 18th, 2016 at 11:34am CST by Eddie Scarito

11:34pm: The Clippers have yet to commit to any deal on this front, as Wojnarowski hears, and they’re expected to stand pat and sign a D-League big man instead, according to Vertical colleague Marc J. Spears (Twitter links). That gives the Cavs a strong chance to swoop in and nab Frye, Wojnarowski says.

WEDNESDAY, 8:15am: The Magic would move Stephenson elsewhere if they acquire him, sources tell TNT’s David Aldridge. That suggests the team would trade him rather than waive him.

7:37pm: The Clippers are discussing a bigger deal involving Stephenson’s contract, which has placed talks with Orlando temporarily on hold, Wojnarowski reports (Twitter links). Stephenson would be waived if acquired by the Magic, the scribe notes.

7:21pm: The Clippers would send Lance Stephenson, C.J. Wilcox and possibly a second-rounder to Orlando in return, Wojnarowski relays (Twitter links). Los Angeles is also engaged in talks with another team regarding Stephenson, which puts any trade with Orlando on hold temporarily, the Vertical scribe adds. There are also a number of teams interested in Frye, including the Cavaliers, Wojnarowski also notes (Twitter link).

TUESDAY, 7:16pm: The Clippers and Magic are closing in on agreement that would send power forward Channing Frye to Los Angeles, Adrian Wojnarowski of The Vertical on Yahoo Sports reports (Twitter link). It is unclear who or what would be heading to Orlando in return for the veteran stretch-four.

The Magic have been trying to trade Frye, according to an earlier report from Marc Stein of ESPN.com, who suggested the effort to find a taker for the 32-year-old would accelerate now that the team has traded Tobias Harris, Frye’s cousin, to the Pistons for Ersan Ilyasova and Brandon Jennings. Frye is making more than $8.193MM this season, with about $7.8MM coming next season and $7.4MM in 2017/18, the final year of his deal.

The 32-year-old has disappointed since Orlando signed him to a four year deal during the summer of 2014. He has appeared in 44 games this season, including 29 as a starter, and is averaging just 5.2 points and 3.2 rebounds in 17.1 minutes per night. His career averages are 9.3 points, 4.9 rebounds and 1.0 assist, and Frye owns a career slash line of .438/.387/.820.

Andrew Nicholson’s Camp Pushing Magic For Trade

February 18th, 2016 at 10:21am CST by Chuck Myron

Andrew Nicholson camp is pushing for the Magic to trade him to a team that would give him more playing time, and the Magic are believed to be making him and Shabazz Napier available, reports Steve Kyler of Basketball Insiders. Nicholson, whose minutes have dried up the past few weeks, is making almost $2.381MM in the final season of his rookie scale contract and is eligible for restricted free agency this summer. Napier is only in year two of his rookie deal, with just more than $1.294MM coming his way this season.

Nicholson is averging 15.3 minutes per game this season, up from last year’s 12.3, but he’s only appeared in five of the Magic’s last 12 games. His 18 minutes in the team’s last game before the All-Star break represented his only double-digit-minute game since January 6th. Still, he’s been as effective as ever when he has played, averaging a career-best 3.6 rebounds per contest and draining 35.2% of his 3-pointers, also a career high.

Napier would figure to have a reduced role on the Magic following Tuesday’s trade for fellow point guard Brandon Jennings. As it is, Napier sees only 12.1 minutes per contest.

Cavaliers Interested In Ryan Anderson

February 17th, 2016 at 10:27pm CST by Arthur Hill

10:27pm: The Wizards have talked with the Pelicans about acquiring Anderson, but prefer to pursue Kevin Durant rather than pay Anderson in free agency, according to Adrian Wojnarowski of The Vertical on Yahoo Sports. Anderson is expected to attract a salary starting at $16MM-$18MM when he hits the market this summer, and Washington would rather chase Durant without having to worry about Anderson.

Wojnarowski also reports that the Pistons and Pelicans had “serious talks” about Anderson before Detroit opted to trade for Tobias Harris on Tuesday. Detroit was interested in a larger deal with the Magic that included Evan Fournier, but Orlando wanted to keep him.

3:39pm: The Cavaliers are talking to the Pelicans about power forward Ryan Anderson, tweets Frank Isola of The New York Daily News. He adds that a three-team deal that includes Kevin Love is still possible. Cleveland has “strong interest” in acquiring Anderson, tweets Marc J. Spears of Yahoo Sports.

The Pelicans are motivated to move Anderson because they aren’t sure if they can keep him once he enters free agency this summer. New Orleans expects Anderson to receive an offer with a starting salary in the neighborhood of $16MM-$18MM. The Heat, Kings, Wizards and Pistons are among the teams rumored to have interest in Anderson, although Detroit may have pulled out after Tuesday’s trade for Tobias Harris.

If Love is included in a deal, it will end a tumultuous season and a half with the Cavaliers. After being acquired from Minnesota in a 2014 trade, Love was supposed to be part of a new Big Three in Cleveland, but the fit was never as smooth as expected. He posted scoring and rebounding totals that were far behind his numbers with the Wolves.

Anderson, an eight-year veteran stretch forward, is averaging 16.7 points and 5.9 rebounds in 51 games with New Orleans. His salary is $8.5MM this season, while Love is making $19.5MM in the second season of a five-year max deal, so if they’re both involved in the same trade, some work will need to be done to match salaries.

Cavs Expected To Keep Love, Shumpert, Varejao

February 17th, 2016 at 9:53pm CST by Arthur Hill

Despite a flurry of last-minute trade rumors, the most likely outcome is that Kevin Love, Iman Shumpert and Anderson Varejao all stay with Cleveland past the deadline, according to Jason Lloyd of The Akron Beacon Journal. Lloyd adds that a minor deal is possible to improve the back end of the Cavs’ rotation.

That would be a blow to the Celtics’ dreams of adding Love in a rumored three-way deal with the Pelicans. It would also mean that Varejao isn’t headed to Orlando in exchange for Channing Frye, perhaps clearing the way for the Magic to ship Frye to the Clippers.

Lloyd writes that the Cavaliers want to take another shot at winning a title with Love and are reluctant to give up Shumpert, who is the team’s best perimeter defender. They have been trying for most of the season to find a taker for Varejao, who still has two years and nearly $19MM in guaranteed money remaining on his contract, but have been turned down repeatedly.

Lloyd confirms Cleveland’s interest in Frye, who spent time with Cavs GM David Griffin in Phoenix, but the writer believes other teams can put together better offers. The Cavaliers also have payroll concerns, already facing about $170MM in salary and luxury tax penalties.

Southeast Notes: Splitter, Batum, Jefferson, Frye

February 17th, 2016 at 5:29pm CST by Arthur Hill

The Hawks‘ Tiago Splitter may miss the start of next season after having surgery on his right hip, according to Chris Vivlamore of The Atlanta Journal-Constitution. The procedure will be performed Thursday, and Splitter estimates it will take “eight months, at least” to recover, which means he won’t be able to represent Brazil in the Summer Olympics. “I just got here this season and I wanted to help this team more” said Splitter, who was acquired from the Spurs in a July trade. “I wasn’t able to perform 100%, that’s for sure. I’ve been feeling this pain, you guys know, for some time. We tried several techniques and treatments. It ended up being I need the surgery. I hope it goes fast and I’m ready to play again.” Splitter will make $8.25MM next season on the final year of his contract.

There’s more from the Southeast Division on the eve of the trade deadline:

Trade rumors have swirled around the Hawks as much as any team during the past month, and coach/executive Mike Budenholzer isn’t offering any hints about whether a deal for Al Horford or Jeff Teague is in the works, as Vivlamore notes in a separate piece. “We are very happy with our group,” Budenholzer said. “We feel strongly about them. I’ve been protective of them and would expect to continue to be that. You never know what can happen.”
The Hornets will likely present Nicolas Batum with a full max offer on the first day of free agency, tweets Rick Bonnell of The Charlotte Observer, passing on a prediction from ESPN cap expert Tom Penn. It’s the only way Charlotte can keep him, Penn said (Twitter link).
The Hornets hope to welcome back center Al Jefferson this weekend, Bonnell tweets. Jefferson hasn’t played since undergoing arthroscopic surgery after suffering a tear in the lateral meniscus of his right knee in late December.
The Magic’s Channing Frye takes trade deadline talk in stride, tweets Josh Robbins of The Orlando Sentinel. The Clippers are reportedly close to a deal that would bring the veteran power forward to L.A. “It’s not my first time being on the trading block,” Frye said. “… I was supposed to get traded at the beginning of the season. I was supposed to get traded last year.”
Wizards center Marcin Gortat has officially chosen Todd Ramasar as his new agent, writes J. Michael of CSNMidAtlantic.