Fallout From Stoudemire’s Knicks Departure
The Mavs remain the front-runners for Amar’e Stoudemire, who clears waivers Wednesday, in part because of the strong relationships that owner Mark Cuban and coach Rick Carlisle have with the big man’s agents at Relativity Sports, sources tell Adrian Wojnarowski of Yahoo! Sports. The presence of Dirk Nowitzki helps, too, as a source indicates to Ken Berger of CBSSports.com (Twitter link). The Clippers and others hope to speak with Stoudemire today, but most executives monitoring him believe he’s destined for the Mavs, Wojnarowski hears. Here’s more on the former All-Star in the wake of New York’s parting with its marquee addition from the much-anticipated summer of 2010:
- Berger hears the Grizzlies are interested in Stoudemire (Twitter link), which conflicts with an earlier report that Memphis wasn’t pushing to sign him. In any case, Berger reiterates that the Mavs are in front.
- Stoudemire relinquished close to $2MM of this season’s nearly salary $23.411MM salary in the buyout from the Knicks, a source told Marc J. Spears of Yahoo! Sports (Twitter link). That means the Knicks also stand to reap nearly another $3MM in tax savings on Stoudemire’s giveback.
- Carmelo Anthony lamented losing Stoudemire, “one of the main reasons why I’m a New York Knick today” as a teammate, but ‘Melo also said he supports the big man’s endeavor to chase a championship elsewhere, as Nick Powell of NJ.com details.
- Knicks owner James Dolan has reason to be bitter after Stoudemire failed to live up to their nearly $99.744MM deal, but the owner instead remains close to the big man and believes Stoudemire restored credibility to the franchise, writes Marc Berman of the New York Post.
Knicks Waive Amar’e Stoudemire In Buyout Deal
12:33pm: The Knicks have waived Stoudemire, the team announced via press release, making the buyout deal official. It’s still unknown just how much Stoudemire gave back.
“Amar’e’s period as a Knickerbocker has come to pass, at his request. His time here should be marked by recognizing his effort – it was 100%,” Knicks team president Phil Jackson said in the statement. “As we move forward in structuring this team, we will look for players that exhibit his desire to win.”
The Knicks are left with 14 players on their roster. GM Steve Mills said in the team’s release that he and Stoudemire had developed a “long-term friendship” that would remain in place as they parted ways, and Stoudemire, in his quote as part of the statement, expressed gratitude to the organization, saying, “Once a Knick, always a Knick.”
MONDAY, 7:35am: The Blazers aren’t in the mix, as Ramona Shelburne of ESPNLosAngeles.com hears (Twitter link).
SUNDAY, 11:15pm: The Clippers, Blazers, Suns, and Raptors are expected to pursue Stoudemire, according to Alex Kennedy of Basketball Insiders (on Twitter).
11:04pm: Stein (link) adds the Cavs to the list of teams that are not actively pursuing the veteran.
11:00pm: The Grizzlies and Warriors are not pushing to sign Stoudemire, according to Marc Stein of ESPN.com (Twitter links).
10:40pm: The Clippers and Mavericks have strong interest in Stoudemire but the Spurs are a dark horse “with [a] level of intrigue,” according to Adrian Wojnarowski of Yahoo Sports (on Twitter).
10:12pm: The Knicks and Amar’e Stoudemire reached a buyout agreement on Sunday night, according to Frank Isola of the New York Daily News (on Twitter). The big man’s camp has been discussing a buyout with the club for quite some time.
Stoudemire, 32, is in the final year of a massive five-year contract worth nearly $99.744MM that pays him almost $23.411MM this season. The veteran has averaged 12.0 PPG and 6.8 RPG in 36 games (14 starts) for the blue and orange this season. Stoudemire has a rather respectable 19.7 PER on the year and his 6.8 boards per game is a good improvement over his averages from the previous two campaigns.
Even though he has not found individual success with the Knicks, STAT was said to be conflicted about the idea of a buyout. Still, Stoudemire’s reps were pushing for a deal and the Knicks had no intention of re-signing him this summer as they look to push their resources towards younger talent.
“All possibilities at this point are still open,” Stoudemire said of his own buyout possibility. “The door is still open for that. But at the same time, I am with the Knicks now. I got to stay optimistic about things and what we are doing here. I can’t really focus on the future because it’s not here. We still have a couple weeks left before it’s all said and done. It’s a decision I have to make with my family to figure out the best scenario for the near future.”
The Mavs are reportedly the favorites to sign Stoudemire should he buy his way off the Knicks and clear waivers. Of course, with a $23MM+ salary, Stoudemire would be a mortal lock to pass through waivers unclaimed. Besides Dallas, the Clippers and Warriors are said to be interested as well. Marc Berman of the New York Post recently wrote that it’s “quite possible” that Stoudemire would return to the Suns this summer and speculated that the Magic would have interest in the central Florida native this summer, though it’s not clear what the interest level would be from either team if Stoudemire were to reach free agency mid-season.
Latest On Amar’e Stoudemire, Possible Buyout
FRIDAY, 4:27pm: Stoudemire’s representatives are still discussing a buyout with the team, but the player still hasn’t made a definitive decision about his future yet, Marc Stein of ESPN.com tweets.
11:13pm: Stoudemire’s representatives are pushing for a buyout, and the Knicks seem inclined to grant it, Howard Beck of Bleacher Report notes. New York has no interest in re-signing Stoudemire this summer, and the team prefers to use its salary-cap room to chase a younger star, Beck adds.
WEDNESDAY, 11:36am: No “real” discussions have taken place between Amar’e Stoudemire and the Knicks about a buyout, agent Happy Walters tells Marc Berman of the New York Post, adding that his client is loyal to the Knicks and won’t make a move unless Knicks owner James Dolan is on board with it. Dolan doesn’t oppose the idea, sources tell Berman, and in one buyout scenario, Stoudemire would relinquish the amount of money he would make on a prorated minimum-salary contract. The veteran big man echoed sentiments of loyalty to the Knicks in comments Tuesday, as Berman notes in a separate piece.
“I gave it all, man — my heart, my body and my soul,’’ Stoudemire said. “I truly gave it all. I’m still giving, still dedicated to the game of basketball, still dedicated to New York State and the Knicks.”
Carmelo Anthony is lobbying Stoudemire to stick around, as Berman notes. The 32-year-old Stoudemire has spoken of playing several more years and said recently that he expected he’d talk soon with the Knicks about a future with the team beyond this season. Stoudemire later said he and the Knicks would discuss the possibility of a buyout after the All-Star break. He’d have to hit waivers no later than March 1st to be eligible to play for another team in the postseason.
The Mavs are reportedly the favorites to sign Stoudemire should he buy his way off the Knicks and clear waivers, and the Clippers and Warriors would apparently have interest as well. It’s almost certain that Stoudemire would clear waivers, since no team, including the Sixers, currently has the cap space necessary to take on his salary of nearly $23.411MM. The Knicks could recoup a portion of his salary via set-off if he clears waivers and signs with any other team, though teams and players often agree to waive set-off rights in the event of a buyout. The Mavs, Clippers and Warriors are all limited to paying out no more than the minimum salary anyway, so any set-off wouldn’t amount to much.
Mavs Favorites To Ink Amar’e Stoudemire
TUESDAY, 2:25pm: The Warriors “would definitely have some interest” in Stoudemire if he buys his way out of his Knicks deal, writes Tim Kawakami of the Bay Area News Group.
FRIDAY, 11:29pm: If Amar’e Stoudemire opts to pursue a buyout arrangement with the Knicks, the Mavericks would be considered the front-runners to sign the oft-injured big man, Tim MacMahon and Marc Stein of ESPN.com report. Stoudemire has said that he’s unsure if he would indeed seek a buyout from New York, and he will use the upcoming All-Star break to make his decision.
“All possibilities at this point are still open,” Stoudemire said regarding the possibility of a buyout. “The door is still open for that. But at the same time, I am with the Knicks now. I got to stay optimistic about things and what we are doing here. I can’t really focus on the future because it’s not here. We still have a couple weeks left before it’s all said and done. It’s a decision I have to make with my family to figure out the best scenario for the near future.”
The Mavericks are still interested in inking Jermaine O’Neal, and are prepared to clear the necessary roster space to sign both players, the ESPN scribes add. Dallas’ roster count is currently at 14 players, which means that the team would need to release a player or make an unbalanced trade in order to add both men to the team. The Mavs have been shorthanded in the frontcourt since dealing away Brandan Wright in the trade that netted them Rajon Rondo from the Celtics, which makes both O’Neal and Stoudemire extremely valuable pieces to Dallas.
The ESPN duo also report that Dallas will still be seeking to add a big man on a 10-day deal while O’Neal continues to try and work his way back into NBA shape. It should be noted that while the Mavs are reportedly the frontrunners to ink O’Neal, the player hasn’t publicly announced which team he intends to join, and has only hinted at making a return to the NBA.
Stoudemire, who is in the final season of a five-year, $99.7 million contract with the Knicks, is averaging 12.2 points, 7.0 rebounds, and 1.0 block in 24.9 minutes per contest. The 32-year-old is currently nursing an ankle injury, but he has played well this season for a floundering Knicks team.
The Knicks reportedly engaged in internal discussions about a buyout for Stoudemire earlier this season, and team president Phil Jackson spoke with the Sixers this summer about a trade, but no deal was struck. With Stoudemire earning $23,410,988 this season, finding a trade partner prior to the February 19th deadline will likely be an impossible task, Marc J. Spears of Yahoo! Sports opined. The final day that Stoudemire could be waived and still be eligible to appear in the postseason for another team is March 1st.
And-Ones: Wizards, KG, Stoudemire, Cavs
The Wizards are looking at free agents from overseas and players who will buy out their contracts before turning to the trade market, according to J. Michael of CSNWashington.com (on Twitter). The Wizards don’t want to sacrifice their long-term flexibility, so free agents are more attractive to them at this time (link). An attractive trade offer could change that, but that hasn’t come up yet (link).
- The Clippers would be interested in Amar’e Stoudemire or Kevin Garnett if they became available on the buyout market regardless of Blake Griffin‘s status, according to Dan Woike of the Orange County Register (on Twitter).
- The Cavs announced that they have recalled guard Joe Harris from the Canton Charge. Harris has played in six games for the Charge this season, averaging 18.2 points, 5.7 rebounds and 3.0 assists in 33.2 minutes per game. The 23-year-old guard has played in 36 games (one start) for the Cavs this season, averaging 2.8 points in 10.8 minutes per game.
- Bismack Biyombo‘s MRI shows that he’ll miss at least two more weeks of action, according to Rick Bonnell of the Charlotte Observer (via Twitter). The Hornets youngster was mentioned in trade rumors prior to the season and the latest diagnosis means that he’ll be sidelined through the trade deadline.
- The best move the Pistons could make at the deadline is not making one, opines David Mayo of MLive.com. The Pistons merely are on the edge of playoff contention, nothing more, and with so many roster holes after this season, they shouldn’t trade away key pieces for the future to complete the run.
- Expect the 76ers‘ core to be intact after the deadline, Keith Pompey of the Philadelphia Inquirer writes.
Amar’e Stoudemire Still Considering Buyout
5:44pm: Stoudemire reiterated that he will use the upcoming NBA All-Star break to decide whether or not to ask the Knicks to work out a buyout arrangement with him, Josh Newman of SNY.tv notes. “We’ll discuss that after the break,” Stoudemire said. “Right now, I’m focused on the rest of the season. We’ve got four games before the break, so I’m focused on that right now. I’ll keep you guys posted, man. Right now, we’ve got games in front of us today and tomorrow. We’ve got a lot going on, so I’ll keep you guys posted.”
9:32am: The Knicks have yet to speak with Stoudemire about a buyout, sources told Ian Begley of ESPN.com earlier this week.
12:54am: Amar’e Stoudemire‘s recent comments seemed to engender the belief that he wouldn’t ask the Knicks to agree to a buyout deal, but he tells Marc J. Spears of Yahoo! Sports that he plans to think about doing so over the upcoming All-Star break. The 32-year-old, who’s in the final year of a massive five-year contract worth nearly $99.744MM that pays him almost $23.411MM this season, nonetheless emphasized to Spears his strong affection for the Knicks organization and living in New York. Meanwhile, the Knicks are more focused on talking buyout with Andrea Bargnani, a league source tells Spears.
“All possibilities at this point are still open,” Stoudemire said of his own buyout possibility. “The door is still open for that. But at the same time, I am with the Knicks now. I got to stay optimistic about things and what we are doing here. I can’t really focus on the future because it’s not here. We still have a couple weeks left before it’s all said and done. It’s a decision I have to make with my family to figure out the best scenario for the near future.”
Clippers coach/executive Doc Rivers has spoken of his intention to fill the team’s pair of open roster spots with players who come free during “buyout season,” as Spears points out, speculating that they could become candidates to sign Stoudemire if he hits the market. The Mavs and Blazers are also looking for big men, Spears notes. Marc Berman of the New York Post wrote that it’s “quite possible” that Stoudemire would return to the Suns this summer and speculated that the Magic would have interest in the central Florida native this summer. It’s not entirely clear whether any of those teams would have interest in Stoudemire later this season, but if the Happy Walters client is willing to accept the minimum salary, he’d surely have no shortage of teams in pursuit.
Stoudemire is averaging 12.2 points and 7.0 rebounds in 24.9 minutes per game for the Knicks this season, and the rebounding average is by far his best since 2011/12. A 19.4 PER shows he’s still efficient in the playing time he sees, which persistent knee trouble and other ailments have limited in recent years. The Knicks have nonetheless been appreciative of his professionalism throughout his health struggles and the team’s woes on the court, Spears writes. Stoudemire tells Spears that he’s interested in playing several more years and said earlier this week that he expected to soon have a conversation with Knicks officials about a future with the team beyond this season.
“My heart always lies with the Knicks,” Stoudemire tells Spears. “My loyalty is with [Knicks owner] Mr. [Jim] Dolan. I feel like New York is my home now. I feel like I’m a New Yorker for sure.”
The Knicks reportedly engaged in internal discussions about a buyout for Stoudemire earlier this season. Team president Phil Jackson and company apparently spoke with the Sixers this summer about a trade, but it’ll be “virtually impossible” for the Knicks to find a taker for his bloated salary before the February 19th trade deadline, according to Spears. The Knicks have reportedly shopped Bargnani recently, though it has appeared as though the team was putting off buyout talks with him until after the deadline passes. The last day that either Stoudemire or Bargnani could hit waivers and still be eligible to appear in the postseason for another team is March 1st. That effectively sets the date as a buyout deadline, since there’d be little reason for either to give up salary if they couldn’t join another club for the postseason.
And-Ones: Stoudemire, Nuggets, Kenyon, Bucks
It’s “quite possible” that Amar’e Stoudemire would return to the Suns when he becomes a free agent this summer, writes Marc Berman of the New York Post, who speculates that the Magic might have interest in the native of central Florida. In any case, he’s not looking to buy out his contract and hit free agency at any point this season, since he doesn’t want to uproot his family and would prefer the Knicks retain his Bird rights and the flexibility that comes with them, according to Steve Kyler of Basketball Insiders. The Knicks remain open to trading him, but it’s unlikely that they do, Kyler says, and Stoudemire said Wednesday that he doesn’t anticipate a swap. While we wait to see how it turns out for the big man who’s making more than $23.4MM this year, here’s more from around the league:
- The general belief is that the Nuggets are seeking a first-round pick in return for Wilson Chandler, as Alex Kennedy of Basketball Insiders writes. The Blazers and Clippers have interest, as Chris Dempsey of The Denver Post reported last month, but I speculated when I examined Chandler’s trade candidacy that it’s unlikely that Denver reaps a first-rounder for him.
- Knicks president Phil Jackson confronted Kenyon Martin last month shortly after Martin made public comments indicating that the team didn’t have any interest in re-signing him this past offseason, a Bucks official tells Frank Isola of the New York Daily News.
- A key figure in the Wisconsin state legislature said Gov. Scott Walker’s proposal for $220MM worth of public funding for a new Bucks arena has “no chance” to receive legislative approval unless the city and county pony up funds, too, reports Scott Bauer of The Associated Press. The NBA can take over the Bucks in 2017 if no arena is in place.
Atlantic Notes: Jackson, Nets, Stoudemire, Drew
Phil Jackson‘s hints to Harvey Araton of The New York Times that his stay as Knicks president might not be a lengthy one lead Baxter Holmes of ESPNLosAngeles.com to wonder if the door is ajar for a return of the Zen Master to the Lakers, where Jim Buss is on a three-year timetable to succeed. Still, Jackson told Brian Lewis of the New York Post within the past week that “I’ve kind of just divorced myself from them,” in reference to the Lakers, so it seems a purple-and-gold reunion is almost certainly not in the cards. Here’s more from Jackson’s current division:
- Trade rumors have swirled around Brook Lopez, and a recent report cast some doubt about the long-term job security of coach Lionel Hollins, but Lopez and Hollins have begun to forge a better working relationship, as Stefan Bondy of the New York Daily News details. Hollins’ public criticism of Lopez and others had bothered Nets ownership, as sources recently told Mike Mazzeo of ESPNNewYork.com.
- Amar’e Stoudemire said today that he doesn’t anticipate he’ll be traded this year, and that while he hasn’t had a conversation with the Knicks front office about a future with the team beyond this season, he expects one to take place soon, observes Adam Zagoria of SNY.tv.
- Larry Drew II‘s 10-day contract with the Sixers expires tonight, but coach Brett Brown made it plain Tuesday that he’s a fan of the point guard, notes Tom Moore of Calkins Media (Twitter link). Drew is on his second 10-day arrangement with Philadelphia, so any subsequent deal between the sides would have to cover the rest of the season.
- Sources tell Sportando’s Emiliano Carchia that former Knicks guard Chris Smith is headed to play for KB Peja in Kosovo. The Knicks signed Smith, the brother of J.R. Smith, to a minimum-salary contract with a fully guaranteed salary for last season, but they waived him a little more than two months into 2013/14.
Eastern Notes: McRae, Stoudemire, Kidd
There’s a possibility that 2014 second-rounder Jordan McRae could join the Sixers prior to the end of the season, Tom Moore of Calkins Media writes. McRae, whose rights the Sixers acquired from the Spurs on draft night, has been averaging 20.9 points in 18 games for Melbourne United of the Australian league this season. Philadelphia coach Brett Brown has kept a watchful eye on McRae’s progress overseas, Moore notes. “We are always paying attention to Jordan,” Brown said. “He’s in a good situation. He’s playing a lot of minutes and continuing to score. Jordan is always in the back of our minds.”
With the Sixers having an open roster spot thanks to Andrei Kirilenko being placed on the suspended list, Brown was asked about the possibility of McRae filling that slot, Moore adds. “It’s a fair question,” Brown said. “How we decide to handle Jordan will be determined — just not now. We have talked a lot about it.”
Here’s more from around the Eastern Conference:
- Kevin Love‘s comment that he intends to opt in and remain with the Cavaliers for the 2015/16 campaign leaves the team with one less distraction this season, Yannis Koutroupis of Basketball Insiders writes.
- The Knicks are reportedly not looking to deal Amar’e Stoudemire, but the team has had internal discussions about the possibility of reaching a buyout agreement with him so that Stoudemire could try and catch on with a contender, Mark Woods of ESPNNewYork.com reports.
- Jason Kidd has found a fit as the coach of the Bucks that he didn’t during his time with the Nets, Jeff Zillgitt of USA Today writes. Last year’s Brooklyn squad didn’t need a teacher in the way that Milwaukee does, and it’s a role that Kidd is more suited to, Zillgitt opines.
- Cavs coach David Blatt‘s level of comfort in Cleveland would benefit greatly from a stout endorsement from LeBron James, something that hasn’t happened yet, Sam Amick of USA Today writes.
- One of the Knicks‘ biggest issues as a franchise is their poor player development history, Chris Herring of The Wall Street Journal writes. “The Knicks have always had the money to spend. But because they saw that as their advantage, it might have also become a reason to put off being patient with a rebuild,” John Nash, a former NBA GM, told Herring. “They may have felt they didn’t have the time to truly develop young players.” New York’s problem isn’t poor drafting, as the franchise has actually had three first-team All-Rookie selections the past four seasons, Herring notes. But those players have all regressed offensively in their second seasons, which is an alarming trend, the Wall Street Journal scribe adds.
Atlantic Notes: Stoudemire, Celtics, Nets
Amar’e Stoudemire isn’t sure that he wants to remain with the Knicks amid a rebuilding effort, as he told reporters, including Marc Berman of the New York Post. The Knicks reportedly have no plans to trade Stoudemire, who’s set for free agency at season’s end.
“It’s a very difficult situation at this point,’’ Stoudemire said. “It’s a hard decision for me to make. My loyalty has always been with New York and the Knicks. So it will be tough right now to make a decision as far as going somewhere else at this point. It’s something I have to think about. I’m sure over time I’ll sit and think about the best scenario for myself. For now, I know I’ve been through injuries throughout my career. I have to make sure I’m able to be strong enough and prepared to play for a team contending for a championship. New York is trying to rebuild. Hopefully that will be sooner than later.’’
Stoudemire laments the departure of now-Cavalier Iman Shumpert, who like Stoudemire is a client of Happy Walters, as Berman notes. Here’s more from around the Atlantic Division:
- The Celtics are receiving $1,319,236 in cash from the Grizzlies as part of the Jeff Green trade, reports Eric Pincus of Basketball Insiders (Twitter link).
- Mikhail Prokhorov lost an estimated $400MM in one day in the midst of global economic trouble late last month, an attorney and adviser to Russian oligarchs tells Stefan Bondy and Mitch Abramson of the New York Daily News. Russia’s economic downturn is reportedly one of the reasons that Prokhorov has reportedly put the Nets up for sale.
- An industry consultant tells Scott Soshnick of Bloomberg.com that he believes that the Nets will command a price akin to the $2 billion the Clippers fetched, while a consultant said to Soshnick that he isn’t sure that the Nets are as attractive as the Clippers were.
- Some believe that Andrei Kirilenko is giving up the rest of his salary this season to tend to his wife as she endures a difficult pregnancy, according to Keith Pompey of the Philadelphia Inquirer. However, Pompey hears from a Brooklyn source who questioned whether that’s indeed the reason the forward hasn’t played in two months.