Mo Williams

Nuggets Acquire, Waive Mo Williams

1:40 pm: The deal is official, according to a Hawks’ press release. As part of the deal, Atlanta will gain a $2.2MM trade exception that will expire one year from today.

8:49 am: The Hawks have agreed to send Mo Williams and cash considerations to the Nuggets in exchange for the rights to Cenk Akyol, Adrian Wojnarowski of The Vertical reports. Denver is expected to waive Williams upon arrival.

The point guard’s contract, which is worth $2.2MM, will get the Nuggets within $7.66MM of the salary floor. Wojnarowski notes that the move will save the team roughly $1.0MM in addition to the cash considerations Atlanta will send its way.

Williams hasn’t played this season and while he’s expressed interest in playing again, he hasn’t committed to making a return to the league. Akyol was selected in the 2005 draft but never came stateside. Wojnarowski notes that he’ll likely never play in the NBA.

Hawks Notes: Millsap, Dunleavy, Williams, Wilcox

Paul Millsap is reportedly off the trade block in Atlanta, but with six weeks to go until this year’s trade deadline, several NBA.com writers and reporters remain unconvinced that the team’s decision is final. David Aldridge, Steve Aschburner, Scott Howard-Cooper, and John Schuhmann are among the scribes who believe there’s still a chance Millsap could be moved by February 23, with Howard-Cooper writing that the phrase “taken off the market” will mean nothing if a team calls the Hawks with an offer that Atlanta likes.

I would have agreed with that view of the Millsap situation after a report surfaced suggesting that the Hawks were telling other teams the big man was unavailable. Telling clubs that Millsap isn’t available is a move that could be used as leverage later, in an effort to get those same teams to improve their offers. Still, Atlanta also reportedly informed Millsap himself that he won’t be dealt, and NBA teams don’t often reverse course on that sort of promise in a matter of weeks — I’d be somewhat surprised if the Hawks move Millsap, though it’s certainly not out of the realm of possibility.

Here’s more from out of Atlanta:

  • Mike Dunleavy Jr., who reported to the Hawks and passed his physical earlier this week, expects to make his debut for the team on Friday, tweets Chris Vivlamore of The Atlanta Journal Constitution.
  • Alex Kennedy of Basketball Insiders (Twitter link) spoke to the other veteran acquired in last weekend’s trade by the Hawks, though Mo Williams isn’t expected to report to or play for the club. As Kennedy details, Williams is focused on coaching younger players, and doesn’t seem interested in coming out of retirement as an NBA player anytime soon.
  • In the wake of a report that Wes Wilcox made a “racially charged joke” at a recent season-ticket holder event, the Hawks general manager has received an undisclosed discipline from the team, reports Marc J. Spears of The Undefeated.
  • According to Spears, this is what Nzinga Shaw, the Hawks’ diversity and inclusion officer, had to say about Wilcox’s comments: “After hearing multiple sides of the story and getting multiple eyewitness accounts of what took place, I am not convinced that what we heard and read in Deadspin is a direct quote that was used. Wes, however, certainly did make his off-color statement, which included elements of describing his wife’s race. People that were in the room could make the assumption that he was using her race for the reason of the comments that followed. We certainly do not approve of this behavior and we are going to handle this manner internally.”

Hawks Ponder Next Move With Mo Williams

Mo Williams was traded from the Cavaliers to the Hawks today, but he won’t be reporting to Atlanta, writes Chris Vivlamore of The Journal Constitution.

The 34-year-old guard is officially retired, but because he has a $2.2MM guaranteed deal, Cleveland kept him on its roster, presumably with the idea of trading his salary if the opportunity arose. He underwent surgery on his left leg in October to remove bone spurs from the joint of the tibia and fibula and hasn’t tried to pursue a comeback.

Vivlamore states that the Hawks haven’t decided whether to try to trade Williams or to open a roster spot by waiving him and paying the balance of his contract.

“All those things we are working through as we speak,” said Hawks coach Mike Budenholzer. “No decisions have been made, in any direction, as far as timing on that.”

Williams played 41 games for the Cavaliers last season, averaging 8.2 points and 2.4 assists per night. He appeared in 13 playoff games during Cleveland’s run to the title, but averaged just 5.2 minutes per contest.

Cavaliers Acquire Kyle Korver From Hawks

11:55am: The first-round pick acquired by the Hawks in the swap will be top-10 protected in 2019 and 2020, tweets Dave McMenamin of ESPN.com. If it falls in the top 10 in both of those years, it will convert to second-round picks for 2021 and 2022, though that seems unlikely.

According to Bobby Marks of The Vertical (Twitter link), Atlanta also received cash from Cleveland in the deal — roughly enough to cover the $1.2MM left on Williams’ contract. The Cavs were eligible to include up to $1.5MM in a trade.Kyle Korver vertical

11:29am: The Cavaliers and Hawks have finalized their trade that was first reported on Thursday, tweets Chris Vivlamore of The Atlanta Journal Constitution. The swap, which is now official, will send Kyle Korver to Cleveland in exchange for Mike Dunleavy Jr., Mo Williams, and a protected 2019 first-round pick. The Cavs have confirmed the transaction in a press release.

In Korver, the Cavs will acquire one of the NBA’s best long-distance shooter, who has a career 42.9% mark on three-point attempts. Just two years removed from an All-Star nod, the 35-year-old is averaging 9.5 PPG in 32 contests for the Hawks this season, with a .441/.409/.889 shooting line. Korver will provide Cleveland with some additional outside shooting over the next several months while J.R. Smith is sidelined, and will be another scoring threat for the club in the postseason.

By moving both Dunleavy and Williams in the deal and taking only Korver back in return, the Cavs will open up a spot on their 15-man roster, allowing the team to sign, claim, or trade for another player. There’s no rush for Cleveland to fill that opening, but with Smith expected to be out until March, and Chris Andersen out for the season, the team will be keeping an eye open for depth options.

That roster spot could ultimately be used on a point guard, as the Cavs have been lacking a reliable veteran option since the start of the season. LeBron James has suggested multiple times this week that he’d like to see the team address the position, and there’s no shortage of veteran options on the market, including Mario Chalmers, Jarrett Jack, and Norris Cole.

As for Atlanta, the team has been rumored to be shopping all their veteran players on expiring contracts, a group that included Korver. Now that the club has made one move, there’s a good chance others will follow. Thabo Sefolosha, Tiago Splitter, Kris Humphries, and – of course – Paul Millsap remain on the block for the Hawks.

From a salary cap and CBA perspective, the trade is an interesting one. The Cavaliers had a $9.6MM trade exception available that they could have used to comfortably absorb Korver’s salary, but the team doesn’t necessarily have to use it. Taxpaying teams like the Cavs can acquire up to 125% of the salary they send out in a trade, so Dunleavy’s $4.8MM+ salary is enough to take back Korver, who is earning about $5.2MM.

If Cleveland completed the trade that way, the team would hang onto its big $9.6MM traded player exception, which expires next month, and create a new TPE worth Williams’ salary ($2.19MM). Alternately, using that $9.6MM TPE to take on Korver, and creating new TPEs worth Dunleavy’s salary and Williams’ salary is another possibility for Cleveland. Trade exceptions created today wouldn’t expire until January 2018.

It’s also worth noting that the Cavs needed to first complete a separate trade before this deal could be finalized. Because the Ted Stepien Rule prevents NBA teams from trading consecutive future first-round picks, and Cleveland had already sent its 2018 selection to Portland, the Cavs had to get that ’18 first-rounder back, sending out their 2017 first-round pick instead. That allowed the club to move its 2019 pick in its deal with Atlanta.

The Cavs’ decision to hang onto Williams even after he had announced his retirement paid off as well. Cleveland was able to attach him to this deal, reducing the team’s tax bill and creating an open roster spot. The Hawks, who waived Ryan Kelly this week to create room to complete a two-for-one deal, will likely waive the veteran point guard at some point and eat his salary.

Photo courtesy of USA Today Sports Images.

Cavaliers Finalizing Deal For Kyle Korver

JANUARY 6, 2:11pm: The Cavs are shipping out Mo Williams as part of the deal, Jason Lloyd of the Akron Beacon Journal confirms (Twitter link).

JANUARY 6, 9:08am: The Hawks and Cavs are working on finding a third team for Dunleavy, Adrian Wojnarowski of The Vertical tweets. If they can’t find a taker, Atlanta will keep the small-forward.

JANUARY 5, 8:13pm: The trade has not yet been finalized, but the way things appear to sit now involve the Cavaliers sending Mike Dunleavy Jr. and a 2019 first-round pick to the Hawks in exchange for Kyle Korver. It’s also been reported that Dunleavy could be flipped to a third team prior to Friday’s trade call. Earlier updates had Mo Williams and possibly Cedi Osman involved.

In a separate trade, the Cavaliers are sending their 2017 first-round pick to the Trail Blazers in order to re-acquire their own 2018 first-round pick that, per The Oregonian’s Tim Brown, they gave up in the Anderson Varejao deal last February.

JANUARY 5, 7:36pm: According to Brian Windhorst of ESPN, the Cavaliers have also made a separate trade with the Trail Blazers. They’ll trade their 2017 first-round pick to Portland in order to get their 2018 first-round pick back. He also tweets that Cleveland’s 2019 first-round pick will be on its way to Atlanta.

JANUARY 5, 7:28pm: Wojnarowski now reports that the Cavs will send Mike Dunleavy Jr. to the Hawks and that he’ll likely move on to a third team, though it’s not clear what team that will be. Dunleavy Jr. makes $4.8MM this season, with a team option for next season.

JANUARY 5, 7:15pm: Eric Pincus of Basketball Insiders tweets that he hears that the retired – but still tradable – Mo Williams is Atlanta-bound, along with a heavily protected first-round pick from the Cavaliers. He also confirms on Twitter, that the Cavs can absorb Korver’s salary if they wish, via the Anderson Varejao trade exception.

JANUARY 5, 7:08pm: According to Hawks beat writer Chris Vivlamore of the Atlanta Journal-Constitution, the Hawks hadn’t confirmed the deal as of 6:47pm CST, but coach Mike Budenholzer had pulled Korver aside. Vivlamore adds that a Cavaliers executive was in Atlanta last week to watch the sharpshooter. Finally, Vivlamore tweets that Cedi Osman could be among the package going to Atlanta. The 2015 second-round pick is currently playing in Turkey.

 JANUARY 5, 6:56pm: The Cavaliers are finalizing a deal that will land them Kyle Korver, tweets Adrian Wojnarowski. While the exact terms being discussed aren’t currently available, what’s known now is that wheels are in motion for the 35-year-old veteran to join the reigning champions.

Over the course of the last five years with the Hawks, Korver has established himself as an elite deep threat and was even named to the All-Star team in 2015. He’ll now join a Cavaliers team that’s seen three-point specialists like Channing Frye and J.R. Smith thrive thanks to the spacing created by its stars.

Korver is on the final year of a contract worth $5.3MM and while the Cavaliers are currently well over the cap, it’s worth noting that they hold four outstanding trade exceptions, including one worth $9.6MM that is set to expire in February.

According to Justin Verrier of ESPN, as of 6:52pm CST, Korver was still warming up on the court prior to Atlanta’s Wednesday night game against New Orleans.

Cavs Looking To Trade For Backup Point Guard

OCTOBER 21, 12:32pm: The Cavs are at an impasse with Williams and are trying to attach his contract to McRae in a trade in order to reduce their tax penalties, writes Brian Windhorst of ESPN.com. Windhorst also confirms that the Cavs were essentially showcasing McRae during the preseason.

OCTOBER 20, 3:31pm: After waiving Toney Douglas last week, the Cavaliers remain in the market for a veteran point guard to back up Kyrie Irving and complement rookie Kay Felder, reports Joe Vardon of Cleveland.com. According to Vardon, the Cavs have engaged in “advanced discussions” with at least one team and hope to make a deal before the start of the regular season next week.

[RELATED: Wolves, others have inquired on Iman Shumpert]

While Vardon doesn’t offer specifics on the Cavs’ negotiations, he points to a couple players who could be moved in potential deals. Jordan McRae had a strong preseason, but doesn’t have a clear role in the Cavs’ rotation, and could appeal to trade partners. Additionally, Mo Williams intends to retire, but hasn’t formally filed his papers and remains on Cleveland’s books — his contract could be used to help match salaries.

According to Vardon, the Cavs have explored the free agent market for a potential solution at the point, participating in contract discussions with Norris Cole, Mario Chalmers, and Kirk Hinrich. However, Cole signed a deal with a team in China, and Cleveland doesn’t believe Chalmers will be fully health until the new year.

If the Cavaliers do make a trade, they could put one or more of their traded player exceptions to use. Cleveland is one of just four NBA teams to currently hold a TPE, and their biggest exception is worth $9,638,554, which would accommodate a majority of the contracts around the league. Still, as Bobby Marks of The Vertical notes in a piece about waiver claims, the club will have to be careful about adding too much extra salary. Based on their current position in the tax, the Cavs would be penalized $3.25MM for every $1MM they add to their 2016/17 salary total.

Mo Williams Undergoes Knee Surgery

Veteran point guard Mo Williams, who remains on the Cavaliers’ roster despite indicating he would retire, underwent left knee surgery on Wednesday, writes Dave McMenamin of ESPN.com. As McMenamin details, the procedure was intended to treat the chondromalacia Williams has dealt with in recent years.

In an Instagram post announcing the surgery, Williams appeared to take a veiled shot at the Cavaliers, writing that it’s been “quite a while” since he was 100% healthy. “Nobody and I repeat nobody actually gave a damn about my health but me,” Williams wrote. “Taking control of my own career/life.”

According to Jason Lloyd of The Akron Beacon Journal, as well as McMenamin, Cavaliers team doctors suggested to Williams that surgery wasn’t necessary for his troublesome knee. Lloyd writes that Williams sought a second opinion from Dr. James Andrews, who also advised against surgery, The third doctor to provide an opinion, Dr. David Altchek, elected to operate on the veteran guard.

Although Williams’ agent has indicated his client will retire, the Cavs intend to keep tabs on the 33-year-old’s recovery and rehabilitation project, and are still carrying him on their roster. Williams hasn’t filed his retirement papers, meaning the Cavs would have to pay his full salary if they waive him. According to both Lloyd and McMenamin, the team has attempted to work out a buyout of his $2.195MM salary, but hasn’t had much luck so far.

With the regular season opener fast approaching, there may be resolution on Williams’ status soon, though the Cavs could carry him as their 15th man into the season to postpone a decision.

Mo Williams To Retire

Five days ago, Mo Williams posted a tweet indicating he was returning to the NBA – and to the Cavaliers – for one more year. Apparently that’s no longer the case. According to Sam Amico of AmicoHoops.net (via Twitter), Cavs GM David Griffin announced today that Williams’ agent informed him of his client’s decision to retire.

Williams, the 47th overall pick in the 2003 draft, spent a year in Utah before heading to the Bucks and blossoming into a starting point guard. Over the course of his 13-year NBA career, Wiliams also played for the Cavaliers, Clippers, Trail Blazers, Timberwolves, Hornets, and enjoyed second stints with the Jazz and the Cavs.

An All-Star in 2009, Williams averaged 13.2 PPG, 4.9 APG, and 2.8 RPG for his career, shooting 37.8% on three-point attempts in his 818 regular-season contests. The 33-year-old also appeared in 62 playoff games, winning his first championship with the Cavs this June.

Williams had been set to earn $2,194,500 for the 2016/17 season, so we’ll see how the Cavs handle that cap hit. The team may end up just waiving the veteran guard, eating his salary, but perhaps the two sides can work out a buyout agreement that takes Cleveland off the hook for some of that $2MM+.

Meanwhile, Williams’ departure thins out the point guard ranks for the Cavs. Behind Kyrie Irving, the team will be relying on rookie Kay Felder and perhaps camp invitee Markel Brown, though he’s more of a combo guard. For what it’s worth, Griffin says the Cavs are “comfortable” with the point guard position, adding that it will be a “an incredibly competitive” training camp (Twitter link via Amico).

Central Notes: Caldwell-Pope, Bullock, Smith

The Pistons will continue to purse rookie contract extensions with Kentavious Caldwell-Pope and Reggie Bullock until the October 31st deadline, according to Rod Beard of The Detroit News. A full-time starter in Detroit for the past two seasons, Caldwell-Pope appeared in 76 games last year, averaging 14.5 points and 3.7 rebounds per night. Bullock played 37 games, averaging 3.3 points and 1.8 rebounds. The Pistons are over the salary cap, but Beard reports that the team is willing to use its Bird rights to re-sign both players. “We’re all in agreement it’s an atmosphere and environment where they have good thoughts,” GM Jeff Bower said of negotiations. “We’re going to continue to take those talks a little bit further through the month and see if there’s an opportunity to reach an extension now.”

There’s more from the Central Division:

  • As the longest-tenured player on the roster and with a max contract now in hand, Pistons center Andre Drummond feels like he’s entering a new chapter of his career, writes Keith Langlois of NBA.com. The 23-year-old has witnessed a lot of turnover in Detroit since he arrived four years ago. He has played for four coaches in that time, but with Stan Van Gundy firmly in place, the Pistons seem ready to commit to their current core. Drummond is happy to be a part of that group. “I signed a five-year deal, so I’m here for the long haul and I’m excited to be here,” he said. “Detroit is now my home and I’m ready to embrace it and try to bring great things to this city.”
  • The Cavaliers are counting on 33-year-old Mo Williams and second-round pick Kay Felder to replace Matthew Dellavedova, notes Bobby Marks of The Vertical. In his “Summer Rewind” on Cleveland, Marks says the Cavs made a wise move by orchestrating a sign-and-trade after Dellavedova committed to the Bucks, creating a $4.8MM trade exception in the process.
  • Unsigned shooting guard J.R. Smith traveled to Cleveland to watch an Indians game on Thursday and posted “#meetings” on his Instagram account, writes Joe Vardon of Cleveland.com. While it’s not a sure sign of progress, Vardon speculated that there has been communication between Smith and the team.
  • A rumor that Smith has been negotiating with the Sixers is not true, tweets Derek Bodner of PhillyMag.com.

Mo Williams To Play In 2016

Mo Williams has been contemplating retirement, but it appears he has made a decision regarding his status. The point guard took to Twitter tonight and tweeted, “Coming back #onemoreyear.”

Last month, the Cavs decided not to use the stretch provision on Williams’ contract, which will pay him close to $2.2MM for the 2016/17 campaign. Williams battled injuries last season and only appeared in 41 games.

The 2016/17 season will be Williams’ farewell tour, as he won’t play past this season. “This is my last year,” the veteran guard told Chris Haynes of ESPN.com (Twitter link) when asked about the possibility of playing more than one season. Cleveland only has rookie Kay Felder at the point guard spot behind starter Kyrie Irving, so the Cavs will likely give the 33-year-old as many minutes as he can handle.