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Extension Rumors: Butler, Rubio, Thompson

October 31st, 2014 at 11:54am CST by Chuck Myron

The 11:00pm Central deadline for rookie-scale extensions is only about half a day away, and there’s sure to be action in the hours ahead as decisions loom for the remaining eligible players. Here’s the latest as of this morning:

The Bulls and Butler were apart by $2.5MM in average annual value as they talked Thursday, Johnson reports. Butler’s camp doesn’t see a deal happening before the deadline, according to USA Today’s Sam Amick (on Twitter), which isn’t surprising considering the gap.
The Wolves are willing to sign Rubio to a four-year extension worth $52MM, and the team would perhaps be on board with going up to $54MM, according to Wolfson (Twitter link). Agent Dan Fegan has reportedly been seeking the maximum salary for his client, which would likely entail at least $66MM over four years, but Rubio would take $58MM, Wolfson says.
There’s “plenty of pessimism” surrounding the talks between Tristan Thompson and the Cavs as a gap remains in their proposals, reports Brian Windhorst of ESPN.com (via Twitter).

Earlier updates:

Ricky Rubio is more likely than not to sign an extension with the Wolves as advanced negotiations have taken place between the sides over the past few weeks, sources tell Marc Stein of ESPN.com. That echoes an earlier report from Darren Wolfson of 1500 ESPN Twin Cities, who heard from people outside the organization who believed Rubio and the team would ultimately settle on a four-year, $52MM deal.
Agent Brian Elfus has been in San Antonio negotiating with the Spurs this week, as Stein writes in the same piece, but Kawhi Leonard is nonetheless unlikely to sign an extension, Stein says, seconding a report from ESPN colleague Chris Broussard. Stein hears the Spurs prefer to take Leonard to restricted free agency next summer to maintain maximum financial flexibility. Adrian Wojnarowski of Yahoo! Sports wrote earlier this week that the Spurs were reluctant to give Leonard the maximum salary he’s seeking.
Talks are continuing between the Warriors and Klay Thompson and the Cavs and Tristan Thompson, Stein reports.
Brandon Knight and Norris Cole appear unlikely to receive extensions, according to Stein, though talks are still going on between the Bucks and Knight’s agent, Arn Tellem, a source tells Charles F. Gardner of the Milwaukee Journal Sentinel. Stein seconds earlier reports indicating that Jimmy Butler, Reggie Jackson and Iman Shumpert also seem unlikely to sign extensions.
The Bulls are going to have to increase their offer to Butler to entice him to sign, tweets K.C. Johnson of the Chicago Tribune. It’s unclear what the Bulls have on the table, but as of a week ago the sides were “millions apart,” as Johnson wrote then.

Extensions Unlikely For Leonard, Butler

October 30th, 2014 at 1:59pm CST by Chuck Myron

THURSDAY, 1:59pm: Johnson suggests the potential remains that Friday’s 11:00pm Central time deadline will motivate Butler and the Bulls to strike a deal, but the Chicago Tribune scribe adds that the sides remain far apart in their proposals (Twitter link).

WEDNESDAY, 11:54am: Kawhi Leonard and Jimmy Butler are unlikely to sign extensions with the Spurs and Bulls, respectively, before Friday’s deadline, a source tells Chris Broussard of ESPN.com (Twitter link). Leonard is reportedly seeking the maximum salary, and while a recent report indicated Butler and the Bulls were “millions apart” in talks, that sort of separation is not uncommon in the days leading up to the rookie scale extension deadline. Broussard also hears the Knicks won’t grant an extension to Iman Shumpert, advancing the reporting of ESPN colleague Ian Begley.

Bulls GM Gar Forman said earlier today that he’d met with Butler’s agent, Happy Walters, and that Butler’s left thumb injury wouldn’t affect negotiations, tweets David Haugh of the Chicago Tribune. The injury is expected to keep him out no longer than three weeks, as K.C. Johnson of the Chicago Tribune notes (Twitter links). It’s unlikely that the eye infection that plagued Leonard throughout the preseason and forced him to miss San Antonio’s opening night game Tuesday would affect an extension for him, either.

The Spurs and Brian Elfus, who represents Leonard, have reportedly met several times in the past few weeks but have made no progress, though the Spurs appear poised to match any maximum salary offer sheet that Leonard would sign in restricted free agency next summer. The reigning Finals MVP appears prepared to buck the tradition of San Antonio’s stars agreeing to discounts, though the Spurs could still prevail on Leonard to do so next summer even if they can’t convince him to take less in an extension by the end of Friday.

Butler expressed confidence just days ago that he and the Bulls would come to an extension, so presumably talks, which the swingman said a month ago were going in the right direction, have hit a snag. Chicago apparently had a preference to come to an extension rather than let Butler, who turned 25 last month, hit restricted free agency. The Bulls have about $60.2MM tied up for 2015/16, and Kirk Hinrich holds a nearly $2.9MM player option, so Chicago probably wouldn’t have the cap flexibility to replace Butler if he were to sign an offer sheet and Forman and company decided against matching.

Central Notes: Thompson, Gilbert, Butler

October 25th, 2014 at 3:47pm CST by Eddie Scarito

The Cavs and forward Tristan Thompson have until October 31st to come to terms on a contract extension or Thompson becomes a restricted free agent next summer. Terry Pluto of The Plain Dealer looks at the options for both the player and the team and compares Thompson’s numbers against other forwards who have recently inked new deals.

Here’s the latest out of the Central Division:

In an interview with Pluto, Cavs owner Dan Gilbert said, “I look at the last four years as a payment for the next four to six years (when the Cavs begin to win again).” The last four seasons sans LeBron James have seen the franchise go a combined 97-215, and Gilbert discussed how difficult those seasons were, how he and James mended fences, as well as his expectations for the future of his franchise.
In his Central Division preview, Adi Joseph of USA Today says the division will come down to a battle between the Cavs and the Bulls. Another interesting storyline, according to Joseph, is how the Pacers will fare without Paul George and Lance Stephenson after capturing the division crown a season ago.
With the deadline quickly approaching, Jimmy Butler remains confident that he can work out a contract extension with the Bulls in time, reports Scott Powers of ESPNChicago.com. First-round picks like Butler who are heading into their fourth season have until Oct. 31 to come to terms. Butler, who missed Chicago’s final two preseason games with sprained ligaments in his thumb, isn’t worried about the deadline. “I think we’re going to figure it out,” he said. “My main focus is now of all time is to get healthy. If you’re healthy, you’ll get paid anyway. That’s all I’m worried about it.”

Arthur Hill contributed to this post.

Eastern Notes: Butler, Wizards, Maxiell, Inglis

October 24th, 2014 at 3:59pm CST by Chuck Myron

The Bulls and Jimmy Butler are “millions apart” in extension talks, according to K.C. Johnson of the Chicago Tribune, and while the precise gap is unclear, it’s not uncommon for sides to be as far apart as the Bulls and Butler are even a week before the extension deadline, Johnson writes. The team and Butler’s representatives at Relativity Sports this week had their first extensive talks in awhile, Johnson adds. Here’s more from around the Eastern Conference:

The Wizards recently tried to pry Julyan Stone out of his contract with Reyer Venezia of Italy, reports Shams Charania of RealGM (on Twitter). The point guard has an escape clause in the pact, according to Charania, who suggests that Stone would be disinclined to leave the team since he’s seeing heavy playing time. It’s unclear if the Wizards maintain interest after signing John Lucas III earlier this week.
Jason Maxiell will remain with the Hornets on opening night in spite of his non-guaranteed contract, coach Steve Clifford confirmed today to reporters, including Rick Bonnell of the Charlotte Observer (Twitter link).
Bucks rookie Damien Inglis will miss at least another six weeks because the right foot he broke during a predraft workout for the Thunder has not healed, tweets Charles F. Gardner of the Milwaukee Journal Sentinel. The Bucks drafted Inglis 31st overall in June. His deal is guaranteed for this season.

Eastern Notes: Butler, Marble, Celtics

October 17th, 2014 at 10:25pm CST by Eddie Scarito

Jimmy Butler has been turning heads in Chicago with his play during training camp. The Bulls swingman is in better physical condition this year, but is also motivated by being eligible to sign a contract extension prior to the October 31st deadline, Nick Friedell of ESPNChicago.com writes. “My confidence is high and that’s the way you have to play this game,” Butler said. “All summer I worked on my game, the biggest thing is just confidence, taking shots I know I can make. I’m really happy on the way that I’m going right now, but I still got to keep going.” If Butler and the team don’t come to terms on an extension by the deadline he will become a restricted free agent next summer.

Here’s more from the east:

The Celtics made a minor trade earlier today with the Pistons, shipping Joel Anthony to Detroit for Will Bynum. Chris Forsberg of ESPNBoston.com examines what the trade does to Boston’s salary cap situation and the team’s rotation.
After a difficult season under former coach Mike Woodson, J.R. Smith is starting fresh with a clean slate, Fred Kerber of The New York Post writes. Knicks head coach Derek Fisher said of Smith, “What I’ve tried to do with all of our guys, not just J.R., is kind of manage our relationship based on our relationship and not the relationships they have may have had with other people, other coaches. Jay’s been great, and I don’t see any reason why he wouldn’t continue.”
In addition to fellow rookies Aaron Gordon and Elfrid Payton, Devyn Marble also hopes to make an impact for the Magic this season, Cody Taylor of Basketball Insiders writes. Orlando signed Marble to a three year deal with the first year fully guaranteed, which went a long way towards giving Marble confidence, notes Taylor. “It’s good to have peace of mind,” Marble said. “It’s something that you don’t necessarily have to worry about. For me, I’m still going to come ready to play and still continue to work hard; nothing is guaranteed even though it technically is. I’m still going to find ways to help and I would want to be here for the rest of my career. I’m just doing anything I can in the time frame now to help the team out.”

Extension Rumors: Leonard, Thompson, Cole

October 17th, 2014 at 11:24am CST by Chuck Myron

The deadline for teams to sign rookie scale extensions with their eligible players is two weeks from today, and while only six players came to deals last time around, that number has the potential to be much larger this year, notes Marc Stein of ESPN.com. Stein has more on many of those extension hopefuls that adds to the storylines we’ve been following throughout the offseason:

Kawhi Leonard, Tristan Thompson, and Norris Cole are among the players who are in active negotiations with their respective teams about rookie scale extensions, Stein reports. Klay Thompson, Ricky Rubio, Kemba Walker, Jimmy Butler, Reggie Jackson, Brandon Knight, Nikola Vucevic, Tobias Harris, Enes Kanter and Alec Burks are also in active extension talks, according to Stein, who advances earlier reports that all of them had engaged in talks.
Iman Shumpert and the Knicks are also discussing an extension, Stein writes, countering a report from a few weeks ago that indicated that the sides hadn’t engaged in talks and that New York was content to let the swingman hit restricted free agency next summer.
Klay Thompson’s camp is considering the idea of going after an offer sheet similar to the one the Mavs gave Chandler Parsons if Thompson and the Warriors don’t come to an extension this month, Stein hears. Parsons’ near-max deal runs three years and includes a player option and a 15% trade kicker. Rival GMs have expressed admiration for its structure and Rockets GM Daryl Morey pointed to the difficulty that trading such a contract would entail shortly after he decided against matching it. The player option would allow Thompson to hit unrestricted free agency in the summer of 2017, which is when Stephen Curry‘s deal is set to end, as Stein points out.
The Lakers have attempted to trade for Thompson in the past, Stein notes, though he doesn’t make any suggestion that they’re planning an aggressive push for the shooting guard if he becomes a restricted free agent next summer.

And-Ones: Butler, Caven, Jefferson, Macklin

October 9th, 2014 at 9:29pm CST by Eddie Scarito

Jimmy Butler is focusing on basketball rather than becoming a restricted free agent next summer, writes Nick Friedell of ESPNChicago.com. Friedell adds that Butler may seek more than the $9.7MM annual salary that former Bulls teammate Luol Deng received this offseason from the Heat. When the topic of the new TV deal was broached, Butler deflected the question, saying, “I don’t know nothing about a TV deal. I just know that it’s my contract year, and I got to play well and I want to help us win. That’s all that I know.” Butler will be one of the first players to sign a deal in the new cap era, Friedell notes.

Here’s more from around the league:

The contracts of D.J. Mbenga (Knicks), Jason Kapono (Warriors), and Yuki Togashi (Mavs) are all non-guaranteed, minimum salary camp deals, Eric Pincus of Basketball Insiders reports (Twitter link). Kapono’s deal is for one season, Pincus notes on Golden State’s salary page.
One of Europe’s top prospects, Joonas Caven, a 6’11” big man from Finland, will enter the NBA D-League Draft this year, according to his agent K.C. Callero, Jonathan Givony of DraftExpress reports (Twitter link). Caven is targeting the 2015 NBA Draft and the D-League will act as a showcase for his talents, notes Carchia.
The Pelicans waived Vernon Macklin so that he could pursue an opportunity to play in Europe, John Reid of The Times-Picayune reports (Twitter link).
One of the newest members of the Mavs, Richard Jefferson, accepted a veteran’s minimum deal this offseason, but that doesn’t mean he is willing to settle for a minimal role, writes Tim MacMahon of ESPNDallas.com. MacMahon adds that Jefferson understands that he won’t be a starter but he is determined to find his niche on the team. “I like to believe myself to be an everyday contributor,” said Jefferson. “Whether it works out that way remains to be seen, but my job is just to stay ready.“

Chris Crouse contributed to this post.

And-Ones: Butler, Spurs, Magic

September 30th, 2014 at 10:25pm CST by Alex Lee

Let’s round up the latest news and notes from the Association on Tuesday night:

Jimmy Butler said extension talks between his representatives and the Bulls were going in the right direction, telling reporters that he wants to remain with the team “however long it takes,” writes Nick Friedell of ESPNChicago.com. The deadline for an extension is October 31st, but Butler could instead re-sign with the team as a restricted free agent next summer.
Dan McCarney of the San Antonio Express-News examines the Spurs roster, reminding us that San Antonio already has 15 guaranteed deals on the books, as shown in our 2014/15 Expanded Roster Counts. If the Spurs do decide they want to keep Bryce Cotton, Josh Davis, JaMychal Green or John Holland, McCarney opines that they might consider eating the $1.063MM salary of Austin Daye.
Orlando’s deals with Peyton Siva, Kadeem Batts, Drew Crawford and Seth Curry all contain partial guarantees, according to Eric Pincus of Basketball Insiders. The Magic have promised Siva $100K, Batts $150K, Crawford $75K and Curry $100K despite having room for only one more fully guaranteed deal on their roster (via Twitter).

Chuck Myron contributed to this post.

Bulls, Jimmy Butler Open Extension Talks

September 29th, 2014 at 3:45pm CST by Chuck Myron

The Bulls and Jimmy Butler‘s representatives have begun talks toward an extension, as GM Gar Forman acknowledged to reporters, including Nick Friedell of ESPNChicago.com (Twitter link). Forman said the sides will continue to talk as the October 31st deadline approaches. The Bulls would prefer to reach a deal on an extension with the 25-year-old swingman rather than let him hit restricted free agency next summer, assuming the financial terms pass muster, as K.C. Johnson of the Chicago Tribune wrote over the weekend.

Chicago already has about $58MM in commitments for 2015/16, so an extension would further shrink the club’s margin beneath the luxury tax threshold. Still, that concern becomes less pronounced as the salary cap rises, with some projections reportedly indicating the cap will surge to $80MM by the summer of 2016, even though it remains to be seen whether such an increase will be phased in starting next summer. An extension would nonetheless serve as a hedge against future improvement for Butler, presuming the Happy Walters client doesn’t demand too much in the month ahead.

Butler has proven a plus defender, but his offense regressed amid heavy minutes last season, as I noted when I examined him as an extension candidate last month. The wing is an area of weakness for Chicago, which harbors title aspirations, and Butler is the team’s best player at either the shooting guard or small forward positions. I predicted the sides would reach a four-year, $42MM deal before the extension deadline.

Eastern Notes: Butler, Rondo, Deng

September 28th, 2014 at 11:43am CST by Eddie Scarito

All things being equal, the Bulls would prefer to reach an extension with Jimmy Butler rather than let him hit restricted free agency next summer, as K.C. Johnson of the Chicago Tribune notes. Of course, finding an amenable price point is the challenge, as Chuck Myron of Hoops Rumors examined as he wrote about Butler as an extension candidate.

Here’s more from the east:

Prior to breaking his hand, Rajon Rondo was the subject of trade talk around the league. While this latest setback certainly harms Rondo’s trade value, A. Sherrod Blakely of CSNNE.com thinks there’s still time for it to be rebuilt and the Celtics to determine if they want to re-sign Rondo long-term or deal him.
During the Heat‘s media day Luol Deng spoke with Surya Fernandez of FoxSports.com. When asked about replacing LeBron James at small forward, Deng said, “I would never try to replace anybody, whether somebody is better than me or if I’m better than somebody. I think that we all bring different things. The biggest mistake I would make is to try to be LeBron. I’m not LeBron. My whole life — I’m 29 years old — I’ve never been able to be somebody I’m not. So I just got to be myself, work hard and try to do my best. My ultimate focus is what can I bring to this team and that’s it.”
Deng also was asked about Danny Ferry‘s comments and he said, “It’s been behind me, honestly. I think that it just came back to the surface (in Media Day) because it’s the first time I’m seeing everybody but honestly I think that after I made my statement it was over with. I can’t control what everyone thinks or how everyone feels. My position is I really forgive Danny Ferry and people make mistakes. I’m ready to move on. Whatever it is or whatever it came from, let’s just make sure it doesn’t happen again to someone else and make sure we just improve as human beings and how we view other people. That’s really about it.“
After a breakthrough campaign last season the Wizards look to take the next step towards being a contender in the east. Adi Joseph of USA Today previews Washington’s 2014/15 season and projects they will snag the No. 3 playoff seed.

Chuck Myron contributed to this post.