Heat Sign Luol Deng
TUESDAY, 4:44pm: The deal is official, the team announced via press release.
“Signing Luol Deng is one of the most important free agent signings that we have ever had in the history of the franchise,” team president Pat Riley said in the statement. “He is a proven All-Star and quintessential team player, both as a scorer, as well as an All-NBA defender. He brings the attitude of a warrior and competes every single night against the very, very best. We are thrilled to welcome him to the Heat family.”
SUNDAY, 1:36pm: The Heat are set to sign Luol Deng, tweets Shams Charania of RealGM. It’s a two-year, $20MM deal and includes a player option on year two, according to Adrian Wojnarowski of Yahoo Sports (on Twitter).
Deng will now help the Heat kick off of a brand new era that they hoped they would never have to see. Fortunately for Miami, even though LeBron James is returning to Cleveland, Chris Bosh will be sticking around on a max deal and it sounds as though Dwyane Wade and Udonis Haslem will be re-signing as well. Miami may not be world beaters this season, but they at least have some continuity and a good chance at returning to the postseason.
This morning it was reported that Pat Riley & Co. were in the lead for the small forward with the Mavericks, Suns, and Hawks also in the mix. The Ron Shade client was said to have been turning down offers that had an average annual value of $10MM, but he either couldn’t drum up a better deal or took a little less to enjoy one of the NBA’s most beautiful cities. Regardless of how it came together, it’s a good value for the Heat when considering the contracts given to Gordon Hayward and Chandler Parsons this offseason.
For his career, Deng has averaged 16.0 PPG, 6.3 RPG, and 2.5 APG over ten NBA seasons.
Photo courtesy of USA Today Sports Images.
Western Notes: Gasol, Love, Mavs, Deng
The Lakers have officially renounced the rights to Pau Gasol along with an entertaining list of long-retired players, according to Mark Deeks of ShamSports (via Twitter). Prepare for a stroll down memory lane. The Lakers renounced the rights to Horace Grant, Ron Harper, Jim Jackson, Karl Malone, Ira Newble, Theo Ratliff, Mitch Richmond, John Salley, Brian Shaw, Joe Smith, and Shammond Williams. The Lakers had to drop the rights to those players in order to help make the Jeremy Lin trade possible. For more on cap holds, check out our cap holds entry in the Hoops Rumors Glossary. More out of the West..
- The main holdup in the Kevin Love talks between the Wolves and Warriors is obviously Klay Thompson, but there’s more to it, as Tim Kawakami of the Mercury News explains. The Wolves don’t regard David Lee and Harrison Barnes as highly as Golden State does, thanks to Lee’s hefty contract and Barnes’ down season in 2013/14.
- Lakers GM Mitch Kupchak told reporters, including Bill Oram of the Orange County Register, that he wasn’t banking on landing Carmelo Anthony this summer. “We always felt like it was a longshot,” Kupchak said. “We gave it our best shot and we’re happy to accomplish what we did and we still have more work to do.”
- Lance Stephenson could prove to be this summer’s Monta Ellis for the Mavericks, tweets Jeff Caplan of NBA.com. The Mavs weren’t necessarily high on Ellis last summer but he fell to them at a great price after everyone else passed.
- The Cavaliers’ re-signing of James complicated Deng’s situation, as sign-and-trade options that could have led to a bigger payday for him were no longer available and James’ decision to sign a two-year deal set a new precedent on the market that came into play, writes Sam Amick of USA Today. The Mavericks‘ preference to go after Stephenson if they can’t land Chandler Parsons also limited Deng’s options.
Heat Frontrunners For Luol Deng?
8:40am: The Heat and Deng are still significantly apart on salary, tweets Brian Windhorst of ESPN.com. Deng has been turning down $10MM per season offers for months, notes Windhorst.
8:11am: In the wake of losing the talents of LeBron James to the Cavaliers, the Heat are scrambling to fill their void at small forward. Their primary target looks to be free agent Luol Deng, who James technically replaced in Cleveland. According to Marc Stein of ESPN.com, Miami has emerged as the frontrunner to land the veteran’s services.
Heat president Pat Riley and Deng’s agent Ron Shade spent significant time negotiating on Saturday and plan to reconnect this morning to continue working towards an agreement, writes Adrian Wojnarowski of Yahoo! Sports. The two sides are reportedly discussing a a two-year, $20MM contract, per the article. Miami is competing with several teams, including the Hawks, Suns and Mavericks, to sign Deng.
Deng’s career numbers are 16.0 PPG, 6.3 RPG, and 2.5 APG over ten NBA seasons. His career slash lines are .457/.329/.773.
Free Agency Notes: Deng, Augustin, Mavs
The Pacers organization is presenting a united in front in their attempts to convince Lance Stephenson to re-sign with Indiana, reports Michael Marot of The Associated Press. Indy brass, coaches, and players are hopeful they can challenge again in the East with Stephenson back aboard now that LeBron James has fled Miami. Here are more of the night’s free agency rumblings:
- The Suns are now trying to break into the Luol Deng sweepstakes, tweets Marc Stein of ESPN.com.
- Both the Hornets and Mavs are interested in free agent point guard D.J. Augustin, tweets Adrian Wojnarowski of Yahoo! Sports.
- The Mavs have also shown interest in Mo Williams and Mike Miller in their ongoing attempts to recover three-point shooting now that Jose Calderon and Vince Carter are gone, reports Eddie Sefko of The Dallas Morning News.
- The Mavs are likely to re-sign backup center Bernard James, a source tells Tim MacMahon of ESPNDallas.com.
- MacMahon tweets that Dallas’ acquisition of Greg Smith indicates the team has moved on from DeJuan Blair, who is presumably after a more lucrative deal than the minimum contract the Mavs were willing to offer.
Eastern Rumors: Knicks, Miller, Deng, Ariza
With Carmelo Anthony set to re-sign with the Knicks, New York can now focus on setting up a supporting cast to play alongside him. One name they’re interested in re-signing is Toure’ Murry, tweets Chris Herring of the Wall Street Journal. Here’s more from around the East:
- Phil Jackson is said to be willing to include Iman Shumpert as part of a deal to dump the contracts of Amar’e Stoudemire, Andrea Bargnani, or J.R. Smith, writes Sean Deveney of The Sporting News.
- There is a gap between what the Cavs can offer and what Mike Miller is seeking, but not enough to end their talks, tweets Jeff Zillgitt of USA Today.
- In contrast to an earlier report of the Hornets interest in Lance Stephenson, Rick Bonnell of the Charlotte Observer tweets that Charlotte has shown no such signs.
- The Heat are now open to bringing free agent Mario Chalmers back at the right price, writes Ira Winderman of The Sun Sentinal. Miami drafted point guard Shabazz Napier, and was reportedly looking to sign-and-trade Chalmers before LeBron James elected to take his talents away from South Beach.
- The Hawks have re-engaged talks with Luol Deng, tweets Adrian Wojnarowski of Yahoo! Sports. We heard earlier that the two sides had reached an impasse on salary for the veteran small forward.
- Kent Bazemore was in contract discussions with the Lakers when he agreed to join the Hawks, but Atlanta’s urgency precluded Los Angeles from re-signing the guard on their time table, reports Marc Stein of ESPN.com.
- Trevor Ariza received the same offer from the Wizards as he agreed to with the Rockets, but the difference in taxes between Washington and Houston will save him approximately $3MM, tweets Michael Lee of The Washington Post.
- Ariza asked for an annual salary of $10MM to stay with the Wizards, sources tell J. Michael of CSNWashington.com. Michael says that Washington declined to meet Ariza’s demands in order to maintain cap space in 2016, when Kevin Durant will become a free agent.
Charlie Adams contributed to this post.
Western Rumors: Love, Deng, Stephenson, Suns
There has been no movement on a Kevin Love deal between the Wolves and Warriors, tweets Darren Wolfson of 1500 ESPN Twin Cities. A source tells Marc Stein of ESPN.com that Love’s willingness to re-sign with the Cavs is unlikely to be squelched by news that LeBron James‘ contract only runs two years (Twitter link). Here’s a rundown of tonight’s Western notes:
- While Luol Deng is advancing in talks toward a roughly two-year, $20MM with the Heat, Sam Amick of USA Today hears (Twitter links) that the free agent is waiting to see what happens with the Mavs offer sheet to Chandler Parsons before making a final decision. If Dallas missed out on Parsons, Deng would likely be their next target.
- However, the Mavs are considering pursuing Lance Stephenson on a short term deal at a higher salary before chasing Deng, should Houston match their offer sheet for Parsons, tweets Adrian Wojnarowski of Yahoo! Sports.
- Mark Cuban acknowledged to reporters including Candace Buckner of The Indy Star that Stephenson was “on the list” if the Mavs are unable to land Parsons.
- The Suns addition of Isaiah Thomas does not mean that the team is looking to move on from Goran Dragic, Eric Bledsoe, Tyler Ennis, or Archie Goodwin, writes Paul Coro of the Arizona Republic. While each guard can play the point, the Phoenix system allows for shooting guards to facilitate as well, leaving the opportunity for each to continue to contribute or develop.
- Kings GM Pete D’Alessandro told Jason Jones of The Sacramento Bee that the team could add another ball handler to the roster, but not necessarily a point guard (Twitter links). D’Alessandro said the Kings are also seeking ways of reducing salary as they approach the luxury tax line.
- Gordon Hayward‘s agent believes his performance last year was impacted by feeling the pressure of his looming restricted free agency, and expects the forward to be better now that he has secured a long-term deal with the Jazz, tweets Aaron Falk of The Salt Lake Tribune.
Central Rumors: Wiggins, Pacers, Mirotic
The Central Division has been reshaping the past few days, with LeBron James and Pau Gasol arriving to the Cavs and Bulls, respectively. Here’s a rundown of the division:
- If Andrew Wiggins is set to be traded in a deal for Kevin Love, David Blatt doesn’t know anything about it, reports Ryan Wolstat of the Toronto Sun (via Twitter). “He’s not going anywhere, as far as I’ve heard,” said the Cavs‘ soon-to-be first-year coach.
- LeBron’s two-year contract with the Cavs is purely a business decision and doesn’t indicate any hesitancy from James to finish his career in Cleveland, a source tells Jeff Zillgitt of USA Today. Zillgitt explains how James could maximize his earnings with a series of short-term deals in the coming years.
- The Cavs renounced their rights to Luol Deng, tweets Mark Deeks of ShamSports. The move clears Deng’s cap hold with Cleveland and forfeits their right to exceed the cap to sign him, but it clears the cap room necessary for Cleveland to sign LeBron. Deng has long been expected to sign elsewhere this summer, and is in serious talks with the Heat.
- The Pacers are interested in obtaining Suns point guard Goran Dragic, potentially in a sign-and-trade agreement involving Lance Stephenson, writes Mitch Lawrence of New York Daily News.
- The Pacers would also be interested in Carlos Boozer, should he get amnestied by the Bulls, writes Lawrence.
- The Bulls were offered a late top-10 2014 draft pick for Nikola Mirotic and declined, tweets Eric Pincus of The Los Angeles Times.
Charlie Adams contributed to this post.
Southeast Rumors: Stephenson, Deng, Wade
Lance Stephenson will be targeted by multiple teams in the coming days, reports Sean Deveney of The Sporting News. The Hornets had their offer sheet for Gordon Hayward matched by the Jazz, and a league source tells Deveney that Charlotte’s secondary plans of upgrading their roster will bring a Stephenson pursuit to the forefront of the free agency landscape. Here’s more out of the Southeast..
- The Heat are making progress in their pursuit of Luol Deng, writes Marc Stein of ESPN.com (on Twitter). Deng doesn’t have an offer from Miami yet but expects to talk with the team today, tweets Sam Amick of USA Today.
- Meanwhile, the Hawks, who were rumored to have interest in Deng, likely won’t be making a deal with the small forward, since the two sides are a ways apart on the dollar amount of a potential contract, reveals Amick (on Twitter)
- Both Dwyane Wade and Udonis Haslem are negotiating the length and salary of deals to return to the Heat, tweets Ethan J. Skolnick of Bleacher Report. The pair are expected to remain in Miami on multi-year contracts after opting out to restructure around LeBron James, who left for Cleveland.
- The Hornets pursuit of Marvin Williams was put on hold while Charlotte waited for the Jazz to officially match their offer sheet for Hayward, reports Adrian Wojnarowski of Yahoo! Sports. Presumably, those negotiations will resume now that Utah has matched the Hayward deal.
Cray Allred contributed to this post.
Rockets Rumors: Parsons, Deng, Ariza, Pierce
After striking out on signing Chris Bosh, the Rockets are in scramble mode, writes Jonathan Feigen of The Houston Chronicle. Houston might have some major rebuilding to do after shipping out Jeremy Lin in a cap-clearing move, and Omer Asik is still set to depart as soon as the Pelicans create room to finalize that separate agreement. Here’s the latest on Houston’s latest turbulence, including more from Feigen’s article:
- The Rockets have been in contact with free agent small forwards Luol Deng and Trevor Ariza, a sign that they are considering alternatives to matching the Mavs offer sheet signed by Chandler Parsons, writes Feigen. Houston was prepared to pay Parsons a max salary as a piece in a premier lineup featuring Bosh, but is less eager to do so now.
- Paul Pierce recently showed interest in joining the Rockets, although Feigen is unsure if that interest was contingent on Houston obtaining Bosh.
- The talks with Deng and Ariza were described as “advanced” by Tim MacMahon of ESPNDallas.com (on Twitter). McMahon considers the development a good sign for Dallas’ hopes of acquiring Parsons, but notes that nothing is yet certain.
- However, Houston appears out of the running for Deng, according to Marc Stein of ESPN.com (Twitter link). Stein says the Rockets are “still in the hunt” for Ariza.
- The Rockets have joined the Heat, Cavs, and Mavs in pursuit of Chris Andersen, tweets Jared Zwerling of Bleacher Report.
- Earlier, we passed along news that the Rockets have reached a snag in contract negotiations with No. 25 pick Clint Capela.
Eastern Notes: Hairston, Bazemore, Heat
First-round draft pick P.J. Hairston told Rick Bonnell of the Charlotte Observer that he had no idea his agent, Juan Morrow, wasn’t union-certified, as Kami Mattioli of The Sporting News reported Thursday. It’s unclear if the Hornets, who acquired Hairston in a draft-night trade with the Heat, engaged in negotiations with Morrow, but they’d be subject to a $50K fine if they did, as Mattioli notes.
More from out of the east:
- The Cavaliers pursuit of free agents Ray Allen and Mike Miller has intensified over the last few hours, reports Sam Amico of Fox Sports Ohio (Twitter link).
- Miller has a serious interest in joining the Cavaliers, reports Jeff Zillgitt of USA Today (Twitter link).
- The Bulls and Hornets are in pursuit of Kirk Hinrich, sources tell Adrian Wojnarowski of Yahoo! Sports (Twitter link).
- The Heat are engaged in discussions with free agents Trevor Ariza and Luol Deng for their job opening at small forward, tweets Wojnarowski.
- Alex Kennedy of Basketball Insiders tweets that the Hawks and the Hornets are showing serious interest in Kent Bazemore.
- There is a strong market for Heat free agent Chris Andersen, but he remains “very loyal” to the Miami organization, and hasn’t made a decision about where he’ll sign, reports David Aldridge of NBA.com (Twitter link).
Chuck Myron contributed to this post.