Kyler’s Latest: Love, Monroe, Gasol, Leonard
The trade deadline is in the past and the focus is shifting to the draft and this year’s class of free agents. Steve Kyler of Basketball Insiders takes a broad look at free agency for the summer ahead, passing along a number of noteworthy tidbits from his conversations around the league. His entire NBA AM piece is worth a read as he examines the outlook for several teams, and we’ll hit the highlights here:
- The Celtics are planning to target marquee free agents this summer, with Kevin Love atop their list, followed by Greg Monroe, Kyler writes. Marc Gasol and restricted free agents Kawhi Leonard and Jimmy Butler are others in Boston’s sights, sources tell Kyler. It appears the Celtics will look to re-sign Brandon Bass to a salary lower than the $6.9MM he’s making this season, Kyler suggests, also indicating a likelihood that the Celtics renounce Jonas Jerebko‘s rights. That wouldn’t preclude a new deal with Jerebko, something that Steve Bulpett of the Boston Herald reported earlier that the Celtics would like, though it does indicate that the C’s aim to open cap space. That’s a path of questionable merit, as I examined.
- There’s a “sense” that the Sixers will make a play for Monroe, too, as well as Butler, Tobias Harris and Reggie Jackson, according to Kyler.
- Monroe, Love and Rajon Rondo are at least willing to meet with the Lakers this summer, Kyler hears, though Gasol and LaMarcus Aldridge are long shots for the team, the Basketball Insiders scribe cautions. Still, chatter is connecting the Lakers to just about every would-be free agent, including Jackson and Brandon Knight.
- It’s unlikely that Rondo gets a full maximum-salary deal in free agency this summer, league sources tell Kyler, who surmises that teams would float short-term max offers instead. A full max from the Mavs would entail a five-year deal with 7.5% raises, while other teams can offer four years and 4.5% raises.
- Sources also tell Kyler that they believe Monta Ellis will opt out this summer, which is no surprise given his level of play and the $8.72MM value of his player option.
- Kyler also gets the sense that Paul Millsap is content with the Hawks and would like to stay for the long term, though it appears Atlanta is eyeing an upgrade at DeMarre Carroll‘s small forward position.
- The Spurs will make Gasol their top free agent priority this summer, Kyler writes, though the team will have trouble signing him if Tim Duncan and Manu Ginobili return at salaries comparable to the ones they’re making. In any case, San Antonio was believed to be the team with the most interest in Monroe last summer, Kyler adds.
Western Notes: Love, Leonard, Smith
The end of Kevin Love‘s time with Minnesota was “pretty much set in stone” in January 2012 when he inked a four-year extension with a player option after year three instead of a five-year extension, Wolves coach/executive Flip Saunders admits, according to Jerry Zgoda of the Star Tribune. The move that owner Glen Taylor and former GM David Kahn made to withhold a five-year extension from the budding superstar seemingly came back to bite Saunders, Kahn’s successor, when Love made it clear this summer that he’d leave the team via free agency in 2015. Still, Love insists it wasn’t the primary reason he wanted out.
“I don’t know, I think more than anything I just wanted to win,” Love said. “Now that we’re doing it here, I’m very happy. I think that was very shortsighted when it first happened, but in the end it was more the constant losing.”
- Spurs coach Gregg Popovich relayed that Kawhi Leonard may end up needing surgery this offseason to repair the torn ligament in his right hand, Mike Monroe of The San Antonio Express-News reports (Twitter link). Leonard is set to become a restricted free agent after the season.
- A pair of D-League assignments this season have not impacted Pelicans rookie Russ Smith‘s confidence, John Reid of The Times Picayune writes. ”If I go back down, then I’ll just go down and get better,” Smith said. ”But if I’m up here [with the Pelicans], I’ll get better as well. So it’s a win-win situation.” In six games with the Fort Wayne Mad Ants, Smith has averaged 16.5 points, 6.2 assists and 1.8 steals.
- Houston’s newest acquisition, Corey Brewer, said he didn’t expect his transition to the Rockets to be so easy, Jenny Dial Creech of The Houston Chronicle writes (Twitter links). “But you get out there with these guys, and they make it easy,” Brewer said. His new coach, Kevin McHale was especially happy to have Brewer on the team, Creech adds. McHale called Brewer, “a breath of fresh air,” and also added that Brewer “plays without an agenda.”
Chuck Myron contributed to this post.
Southwest Notes: Leonard, Gasol, Rockets
Kawhi Leonard will hit restricted free agency in the summer, but Gregg Popovich isn’t moving away from his plan to make the small forward the focal point for the Spurs, as he explains to Michael Lee of The Washington Post.
“We’re trying to loosen up a bit and give him more of a green light,” Popovich said. “He’s getting more license. When you’re a young kid, you’re going to defer to Timmy [Duncan] and Manu [Ginobili] and [Tony Parker]. Now it’s like, ‘To heck with those guys. The Big Three, they’re older than dirt. To [expletive] with them. You’re the Big One. You’ve got to go do your deal.’ So, we’re trying to get him to be more demonstrative in that regard.”
Popovich was speaking tongue in cheek about Duncan, Ginobili and Parker, but it’s not hard to see that he continues to view the 23-year-old Leonard as a building block. Here’s more on Leonard amid the latest from the Southwest Division:
- Leonard was non-committal when Lee asked about his upcoming free agency, though it’s the Spurs who can ultimately decide if he returns, since they can match all offers. “I feel like they like me here and I’m going to come back, but we’ll see,” Leonard said, as Lee notes in the same piece. “We’re going to see this summer.”
- Zach Randolph expressed confidence during an ESPN appearance Monday that Marc Gasol will re-sign with the Grizzlies, notes Frank Isola of the New York Daily News (Twitter links), but Randolph admits to USA Today’s Sam Amick that sometimes he worries that Gasol will leave. In any case, Randolph said to Amick that he talks to Gasol a bit about the summer ahead, presumably in an effort to get him to stay.
- The summer front office upheaval in Memphis that nearly saw coach Dave Joerger leave for the Wolves job didn’t prompt worry for Gasol, Amick reports in the same piece. “I was in contact with everybody [during that time],” Gasol said. “I was in contact with [owner] Robert [Pera], and I was in contact with Coach, and they told me that everything was going to be fine, and I believed them. There was no reason for me not to believe them.”
- The Rockets have recalled Clint Capela from the D-League, the team announced. This year’s 25th overall pick put up 9.0 points, 7.2 rebounds and an eye-popping 3.2 blocks in just 14.1 minutes per game across six contests for the D-League Rio Grande Valley Vipers.
And-Ones: Leonard, Millsap, Mekel, Sixers
Kawhi Leonard says he was “never upset” that the Spurs passed on a rookie-scale extension for him before last month’s deadline, as he tells USA Today’s Sam Amick.
“I don’t think I’m going anywhere,” Leonard said. “I mean they love me here. I like the organization, and if it was up to me, I want to finish out with one team like a lot of great players have done, to stay with one organization their whole career and just be loyal to that. You never know. We’ll see what happens next summer, but I’m pretty sure I’ll be in a Spurs jersey for my whole life.”
The Spurs reportedly passed on Leonard’s request for a max extension because they prefer maintain maximum cap flexibility for next summer, even though they’ve indicated that they’ll match any offer another team might make for the player Gregg Popovich calls a “coach’s dream.” Here’s more from around the NBA:
- Paul Millsap acknowledged Monday that he’ll look around when he hits free agency in the summer, but he made it clear that the Hawks are the front-runners to re-sign him, as Marc Berman of the New York Post chronicles. “Anywhere could be an option,” Millsap said. “But my loyalty right now is in Atlanta. Free agency is free agency. When it happens, I’ll weigh my options and see where I’m at. But I’m happy in Atlanta right now.’’
- A report late last month indicated that the Thunder had interest in Gal Mekel before they were beset by injuries, but with Ish Smith having joined the team as a 16th player and some of the wounded recovering, Mekel and OKC aren’t in active talks, tweets Marc Stein of ESPN.com.
- Details are scarce about the contract that Drew Gordon signed Monday with the Sixers, but it is a multiyear arrangement, according to the RealGM transactions log.
- The Timberwolves lost a star when Kevin Love forced a trade this summer, and Flip Saunders recognizes the importance of creating an environment that will help prevent a repeat in the future with Andrew Wiggins, as Bleacher Report’s Ethan Skolnick examines.
Western Notes: Thompson, Kobe, Fesenko
Klay Thompson agreed that the starting salary in his extension with the Warriors couldn’t escalate past the current $15.5MM projection for next season’s 25% maximum salary, even if the max ends up coming in higher, Grantland’s Zach Lowe reports. That means the deal will be no more lucrative than $69MM over four years, and Lowe heard from a couple of agents who believe the Warriors acted unfairly in the way they structured Thompson’s deal (Twitter link). Still, it doesn’t appear that it will end up having been a sacrifice for Thompson, since it’s unlikely next year’s salary cap, to which maximum salaries are tied, will reflect any of the revenue from the league’s new $24 billion TV deal, according to Lowe. The league’s salary cap projections for 2015/16 remain around $66-68MM as league office execs favor a gradual phase-in of the TV money that wouldn’t start until 2016, Lowe writes. There’s more on Thompson and the Warriors amid the latest from Western Conference:
- The promise of future production, expendability, strong character and the ability to attract fans are a few of the qualities that current and former team executives tell Bleacher Report’s Ric Bucher they believe players who sign maximum-salary contracts should possess. All of those execs agree that Thompson is a max player, but their opinions are mixed on Kawhi Leonard, to whom the Spurs decided against giving a max extension.
- Kobe Bryant‘s two-year, $48.5MM extension looks like an albatross for the 0-5 Lakers, but Warriors executive and part-owner Jerry West doesn’t agree, as he told KNBR radio, “Whatever they’re paying, he’s earned it,” West said, as Diamond Leung of the Bay Area News Group notes (Twitter link).
- Timberwolves camp cut Kyrylo Fesenko has inked with Avtodor of Russia, the team announced (translation via David Pick of Eurobasket.com, on Twitter).
Kawhi Leonard, Spurs End Extension Talks
Negotiations on an extension between Kawhi Leonard and the Spurs have met an end with no deal, agent Brian Elfus tells Adrian Wojnarowski of Yahoo! Sports. The news is no surprise, since Chris Broussard of ESPN.com reported Wednesday that a deal was unlikely before today’s 11:00pm Central deadline. Leonard is set to hit restricted free agency next summer.
“We feel Kawhi is deserving of a max contract, and we are disappointed that something couldn’t get done,” Elfus said to Wojnarowski. “There’s no debating Kawhi’s value. The market has been set. He’s done everything the Spurs have asked of him, exceeded all of their expectations. Coach [Gregg] Popovich has gone out of his way to call Kawhi the future face of the franchise. We have great respect for the Spurs organization, but here, we simply agree to disagree. There will be no shortage of teams interested in Kawhi’s services next year. There will be a lot of contract scenarios available to us, and we will explore them all.”
Wojnarowski wrote earlier this week that Leonard had been pushing for the max, adding that there had been no progress in discussions with the team even as Elfus and the Spurs spoke several times over the last few weeks. Elfus had been in San Antonio this week to discuss the matter in person, but the Spurs prefer to maintain financial flexibility heading into next summer, as Marc Stein of ESPN.com wrote earlier. Curiosity about next summer’s free agents and the question of whether Tim Duncan and Manu Ginobili will retire after the season have led to San Antonio’s desire to hold off on a commitment to Leonard for now, Wojnarowski hears.
Still, Wojnarowski reiterates his earlier report that the Spurs would be expected to match any offer for the 2014 Finals MVP next summer, and the Yahoo! scribe suggests that the Spurs would be more amenable to the max at that point. Several league executives have told Wojnarowski that Leonard will command max offer sheets, but even if he were to sign one, it might turn out to be a money-saving proposition for San Antonio. Leonard can sign a five-year deal with 7.5% raises if he does so directly with the Spurs, but his offer sheets would be limited to no more than four years and 4.5% raises.
Extension Rumors: Butler, Rubio, Thompson
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
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.
Kawhi Leonard Pushing For Max Extension
There’s been no progress as agent Brian Elfus and the Spurs have spoken several times over the past few weeks about a rookie scale extension for Kawhi Leonard, who’s seeking the maximum salary, reports Adrian Wojnarowski of Yahoo! Sports. Several league executives tell Wojnarowski that the reigning Finals MVP is in line to receive offer sheets for the max should he hit restricted free agency next summer. The Spurs would almost certainly match in that case, according to Wojnarowski, but it appears the team is reluctant to commit itself to the max before Friday’s deadline for an extension.
It’s not quite clear exactly how much a maximum-salary extension would entail, since the max won’t be known until the NBA sets its salary cap for 2015/16 next July. A five-year max extension would be worth about $85MM based on this year’s figures, which would yield a $66MM max over four years if the Spurs elected not to make Leonard their Designated Player. The league nonetheless projects the cap will rise from $63.065MM this year to $66.5MM for next year, though at least one report has suggested that $66.5MM is a low-end estimate.
The cap will assuredly rise even farther beginning in 2016, when the league’s new TV deal kicks in, and should Leonard hit free agency, that dynamic might drive him to sign an offer sheet similar to the one Chandler Parsons took from the Mavericks. Parsons’ player-friendly deal allows him to become a free agent after two years, and if Leonard signed an offer sheet with the same structure, he could become an unrestricted free agent in 2017, as Wojnarowski points out. That would be after the TV money pushes the cap and the maximum salaries much higher. However, an offer sheet could only contain raises of 4.5%, lower than the 7.5% raises the Spurs are allowed to give.
Leonard expressed confidence in reaching an extension with the Spurs soon after they won the championship this year, and Gregg Popovich has spoken of the 23-year-old Leonard as the next preeminent star of the team. I predicted over the summer that Leonard would be cognizant of the fact that he’s only once scored at least 20 points three games in a row and willing to make financial concessions as so many of his Spurs teammates have. However, it appears he’s not on board with accepting the discounted rate of $50MM over four years that I pegged when I examined his extension candidacy. It’s unclear if the Spurs are pushing for an extension in that range, and they would have plenty of room for the max if they want to go there, since they have only $34.2MM in commitments for 2015/16.
Extension Rumors: Leonard, Thompson, Cole
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.