Quincy Pondexter

Pelicans Trade Quincy Pondexter To Bulls

SEPTEMBER 1, 2:55pm: The deal is now official, the Pelicans announced in a press release.

In exchange for Pondexter, a 2018 second-rounder, and cash, the Bulls are sending the Pelicans the draft rights to Ater Majok, according to Brett Martel of The Associated Press (Twitter link). Majok, a 2011 pick who is currently playing in Lebanon, had his rights traded from the Lakers to Chicago in last summer’s Jose Calderon swap.

AUGUST 31, 4:52pm: There has been a clarification regarding the trade courtesy of CSN Chicago’s Vincent Goodwill. The Bulls will receive Pondexter and a 2018 second-pick, as well as cash.

4:44pm: The Bulls and Pelicans are finalizing a trade that would send Quincy Pondexter to Chicago for a second-round draft pick, Shams Charania of The Vertical tweets. An update, however, suggests that it will be New Orleans giving up the pick in addition to Pondexter.

Pondexter hasn’t seen NBA action since 2014/15 when he started 28 games for the Pelicans and 30 contests total. Since then, he’s struggled through a particularly troublesome knee injury, his health remaining in limbo ahead of the 2017/18 season.

While the Bulls may end up ultimately waiving Pondexter, the second-round pick will serve them well as they navigate a long anticipated rebuild. The addition of Pondexter’s $3.9MM contract will presumably be absorbed into Chicago’s $15.3MM trade exception, Bobby Marks of ESPN tweets.

Considering New Orleans’ need for a perimeter threat in light of Solomon Hill‘s long-term hamstring injury, the 29-year-old Pondexter would be an extremely valuable asset for the franchise if there was any sense of optimism that he could be healthy for the upcoming campaign. In June, however, general manager Dell Demps spoke about how uncertain the forward’s status was.

We had previously identified Pondexter as a candidate to be waived and stretched before the August 31 deadline, particularly given New Orleans’ proximity to the tax line. However, by finding a trade partner for the veteran swingman, the Pelicans will avoid carrying his cap hit in 2017/18 or stretching it across the next three seasons.

Five Candidates To Be Waived With Stretch Provision

NBA teams have about two more weeks to apply the stretch provision to the 2017/18 cap hits for players they waive. After August 31, teams will no longer be eligible to stretch salaries for the coming season, and the stretch provision will only apply to future seasons on a player’s contract.

The stretch provision is a CBA rule that allows teams to stretch a player’s remaining salary across additional seasons. For July and August, the rule dictates that a team can pay out the player’s salary over twice the number of years remaining on his contract, plus one. So a contract with three years left on it could be stretched out over seven years. After August 31, only the future years on the contract can be stretched in that manner.

In practical terms, here’s what that means for a player who is earning $6MM in each of the next two years ($12MM total):

Year Current contract Stretched by August 31 Stretched after August 31
2017/18 $6,000,000 $2,400,000 $6,000,000
2018/19 $6,000,000 $2,400,000 $2,000,000
2019/20 $2,400,000 $2,000,000
2020/21 $2,400,000 $2,000,000
2021/22 $2,400,000

In some cases, it can be advantageous to wait until September to waive a player and use the stretch provision. If a team isn’t close to the tax line and can’t clear additional cap room by stretching a player’s current-year salary, it may make more sense to be patient, since that extra immediate cap room wouldn’t be useful.

However, there are several teams around the NBA who may be motivated to waive and stretch players prior to that August 31 deadline. Here are five stretch provision candidates to keep an eye on during the next couple weeks:

Read more

Pelicans, Pistons Discussing Reggie Jackson Trade

The Pistons and Pelicans have discussed a trade that would send Reggie Jackson to New Orleans, according to Michael Scotto of Basketball Insiders. Scotto adds that New Orleans could ship out E’Twaun Moore, Alexis Ajinca, and/or Quincy Pondexter in exchange for Jackson’s services.

Jackson, 27, still has three years and $51MM left on his deal and has been on the trade block since last season’s trade deadline. The Pelicans, who re-signed Jrue Holiday to a five-year, $126MM pact, feel that a Holiday/Jackson backcourt would be successful, per Scotto.

Jackson averaged 14.5 PPG, 5.2 APG, and 2.2 RPG in just over 27 minutes per game for the Pistons last season. However, a knee injury held him to 52 games, his lowest total since his rookie year with the Thunder.

Detroit is in a transitional phase, therefore no roster spot is safe. Aron Baynes has departed for the Celtics and Kentavious Caldwell-Pope is set to sign elsewhere in free agency. While the team has acquired Anthony Tolliver, Reggie Bullock, Avery Bradley, and Langston Galloway, it’s clear that the team is focused on shorter commitments and smaller salaries.

In a possible trade, both Moore (three years, $25.9MM) and Ajinca (two years, $10.3MM) have multiple years remaining on their deals; both players provided solid contributions off the bench for New Orleans last season. Pondexter has missed the last two seasons with left knee surgery and has a $3.9MM salary for 2017/18.

Pelicans Looking To Add Shooting, Playmaking

While the Pelicans’ roster features perhaps the most feared frontcourt duo in the NBA, in Anthony Davis and DeMarcus Cousins, the team had to part with a handful of guards to acquire Cousins, and will be looking to fortify its perimeter rotation this offseason. General manager Dell Demps confirmed as much during a recent appearance on WLAE in New Orleans, as Jim Eichenhofer of Pelicans.com details.

“The one thing I’ve learned from all these shows you go on, you don’t want to tip your hand and give people (indications of your intentions),” Demps said when asked about his free agency plans. “Sometimes I like to keep things close to the vest, but obviously shooting is going to be important for us, but also you want to get good basketball players who can make plays – I think that’s the way the game is going right now.”

The Pelicans’ top backcourt playmaker, point guard Jrue Holiday, will be an unrestricted free agent next month, so one of the club’s top priorities will be locking up Holiday or landing a viable replacement. However, after sending Buddy Hield, Tyreke Evans, and Langston Galloway to Sacramento for Cousins, the Pelicans will also be seeking contributors who can make and create shots at the two or three.

[RELATED: 2017 Offseason Salary Cap Digest: New Orleans Pelicans]

One player who would help fill that hole in the Pelicans’ roster is Quincy Pondexter, who has missed the last two seasons with a series of knee injuries. Pondexter remains under contract with New Orleans and made 37.3% of his three-point attempts in his last healthy season (2014/15), but Demps doesn’t sound like he’s penciling in the veteran wing for a spot in the rotation quite yet.

“It’s a little uncertain right now,” said the Pelicans’ GM. “Obviously he hasn’t played since the (2015) playoffs. He’s had some setbacks. He’s had a couple surgeries. It’s tough because he’s one of those glue-type guys who is a leader not only in the locker room, but on the floor. We’ve missed his defense and his shooting. He was a big piece for us, an important pickup when we made that run to the playoffs. We were hoping to have his services the last two years. He’s going through some testing right now and will be in town this week. We’re hoping to get him back on the floor.”

If the Pelicans are able to re-sign Holiday, they’ll almost certainly remain over the cap this offseason, meaning they’d have the mid-level and bi-annual exceptions available to use on free agents. Those exceptions will be worth about $8.4MM and $3.3MM, respectively.

Omer Asik, Quincy Pondexter Out For Season

MARCH 30: The Pelicans confirmed today that neither Asik nor Pondexter will return to action this season. Asik, who is recovering from a gastrointestinal infection, is expected to resume basketball activities in about three or four weeks.

MARCH 24: Two players on the Pelicans’ roster, center Omer Asik and shooting guard Quincy Pondexter, are not expected to return for the rest of this season, head coach Alvin Gentry confirmed today, per Justin Verrier of ESPN.com.

“Both of those guys will be gearing toward the summer and next year, really,” Gentry said.

Asik, who started 19 of the 31 games he played for the Pelicans earlier this season, hasn’t been a real part of the club’s rotation since mid-December. The veteran center has appeared in just three games for New Orleans since December 21, and hasn’t seen the court at all since February 10. As Verrier notes, Asik contracted a bacterial infection that caused him to lose a significant amount of weight.

As for Pondexter, it has been a long road back for the 29-year-old, who has been sidelined by knee injuries for each of the last two seasons. Pondexter hasn’t appeared in an NBA game since April 2015, when he was a starter for the Pelicans in their first-round loss to the Warriors.

While it’s not particularly surprising that Asik and Pondexter won’t return for the Pelicans this season, it will be interesting to see how they fit into the team’s plans going forward. Asik’s contract continues to be an albatross for New Orleans — it will exceed $10.5MM next season and increase to $11.2MM+ in 2018/19. Pondexter, meanwhile, has one more year left on his deal at just under $4MM next season. Both players could be on the trade block this summer, though they’ll probably have very limited value.

Trade Rumors: Chandler, OKC, Pelicans, Raps, Suns

It’s trade deadline day in the NBA, and Hoops Rumors will have you covered with all the latest news and rumors leading up to today’s 2:00pm central deadline. Let’s check in on a few Thursday mornings rumblings…

  • According to Steve Kyler of Basketball Insiders, potential Wilson Chandler suitors may be unwilling to meet the Nuggets‘ asking price, which is higher than expected. If that’s the case, Denver would prefer to simply keep Chandler and push for a playoff spot.
  • Arron Afflalo and Nick Young are among the names that have been linked to the Thunder as they seek a wing scorer, according to Kyler.
  • The Pelicans, who now have two pricey big man under contract and will look to re-sign Jrue Holiday to a lucrative new deal this summer, are looking to move some contracts, tweets David Aldridge of TNT. Aldridge identifies Alexis Ajinca and Quincy Pondexter as players who are available in New Orleans. Of course, the Pelicans would love to move Omer Asik‘s deal as well, though that’s less likely.
  • Today’s big decision for the Raptors will be whether to give up a future first-round pick – likely attached to Jared Sullinger‘s expiring deal – for Suns forward P.J. Tucker, says ESPN’s Marc Stein (Twitter link). Sportsnet’s Michael Grange (via Twitter) gets the sense that Toronto would strongly prefer to keep its pick in a loaded 2017 draft. Still, the Raps are fond of Tucker, tweets Doug Smith of The Toronto Star.
  • According to Stein (via Twitter), the Suns continue to explore the market for deals involving Brandon Knight and other veteran players, including Tyson Chandler. However, the team has “struggled all week” to find traction for that sort of trade.

Southwest Notes: Pondexter, Diallo, Beverley

After missing all of last season and the first half of this one, Quincy Pondexter has undergone yet another knee surgery, the Pelicans announced today. The team didn’t provide a return timetable, but Pondexter seems unlikely to return this season. The procedure was the veteran’s third since he last suited up in a game back during the 2015 playoffs, writes Kurt Helin of NBC Sports.

In his last taste of NBA action, his first season with New Orleans, Pondexter averaged 7.2 points in 23.9 minutes on the perimeter. Ever since, the Pelicans have struggled to restock the perimeter with reliably healthy players.

Expect continued opportunities for Pelicans rookie Buddy Hield and free agent acquisition Solomon Hill in Pondexter’s continued absence. The news also ensures that minutes will remain open for Tyreke Evans as his usage ramps up after his own setbacks.

That’s not all out of the Southwest Division:

  • Rookie Cheick Diallo made waves when he dropped 19 points and 10 rebounds in his first significant taste of NBA action, and the Pelicans aim to keep him with the big league club as often as they can for the remainder of the season. ESPN’s Justin Verrier reports that the team would like to be “hands on” with the player’s weight training regimen.
  • It was no secret that Harrison Barnes would see plenty of opportunities to score with the Mavs, but it’s been his evolution as a playmaker that has stood out to teammates in Dallas. “He’s starting to see other guys [out of double teams] and get shots for open guys,” guard Devin Harris tells Eddie Sefko of Dallas News. “[That] takes his game to another level.”
  • After missing three of the last four games, Patrick Beverley is expected to return to the lineup for the Rockets. According to Jonathan Feigen of the Houston Chronicle, Mike D’Antoni is confident that his defensive stopper will be ready in time for Thursday’s run-in with the Thunder.

Pelicans Notes: Stephenson, Holiday, Evans, Hill

Lance Stephenson, who recently signed with the Pelicans, sat down with Justin Verrier of ESPN.com to discuss a number of topics, included how the swingman believes he has changed over the past few years. “When you come into the NBA as a youngster, you got babied all your life,” Stephenson said. “Everybody from when you were younger saying, ‘You’re gonna be in the NBA. You’re this and that.’ But once you get in the NBA, there are a lot of guys similar to you, so you have to learn how to do different things to keep developing. So you’ve got to put in the hard work and learn from other guys, see how they work out. Really, I feel like all the stuff I’ve been through has made me a better player. I feel like God puts you in situations to help you succeed in the long run.

When asked why he chose to join New Orleans, Stephenson told Verrier, “I liked this team, and I see a couple young guys that I could potentially help and show all the other stuff that I learned from other places, from guys like Chris Paul, Paul George, Paul Pierce. Just teach them, and help them believe and show them the right way to work out there and what it takes to make it to the conference finals, and getting that work in every day.

Here’s more from New Orleans:

  • Pelicans GM Dell Demps told Verrier (Twitter link) that there is no timetable for Jrue Holiday to return to the team, but he’ll be welcomed back with “open arms” when he does. The point guard has taken a leave of absence to help care for his ailing wife and their newborn child.
  • Demps confirmed to Verrier (via Twitter) that Tyreke Evans won’t be available to play until at least December. The exact timetable should become clearer within the next two-to-four weeks, Verrier adds. Evans is still recovering from the two surgeries on his right knee he underwent last season.
  • Evans isn’t the only ailing Pelican, with Quincy Pondexter also not likely to be available until December at the earliest, though, the forward could potentially be sidelined until January, journalist Guerry Smith tweets. Pondexter underwent cartilage replacement surgery on his left knee back in January.
  • Solomon Hill, who signed a four-year, $48MM deal with the Pelicans in July, understands more will be asked of him this season, writes Scott Kushner of The New Orleans Advocate. “I wouldn’t say the actual role is so much different,” Hill said. “But the level where I need to be for this team is definitely different.
  • Chris Copeland nearly joined the Pelicans three seasons ago, but he landed in Indiana instead, the forward told Jim Eichenhofer of NBA.com. The 32-year-old is excited that he is now in New Orleans after signing with the team this week, the scribe relays. “I’ve thought I was coming here a few times before this,” Copeland said. “For whatever reason, it didn’t pan out. I’m just glad it actually came full circle and I get the opportunity to try again this year. It’s a great city. I tell people time and time again, it has some of the best food in the world, and the atmosphere here is special.”

Southwest Notes: Davis, Pondexter, Bogut, Barnes

Pelicans GM Dell Demps told a group of fans tonight that Anthony Davis should start the upcoming season with no physical restrictions, the team tweeted. The three-time All-Star was limited to just 61 games last season and was shut down in March because of a sore left knee and a partially torn labrum in his left shoulder. Davis had surgery on the knee, but doctors determined no operation was needed on the shoulder. Davis, who was a first-team all-NBA selection in 2014/15, remained productive when he played last season, averaging 24.3 points and 10.3 rebounds per night.

There’s more news from the Southwest Division:

  • Demps addressed several other players at tonight’s event, including Quincy Pondexter, who was sidelined all of last season and underwent cartilage replacement surgery on his left knee in January. Pondexter had his first full workout today and Demps said, “We are glad to get him back in the fold.” (Twitter link). Demps also said the Pelicans are keeping regular contact with Jrue Holiday as he cares for his ailing wife, and he has the full support of the organization (Twitter link). The GM added that first-round pick Buddy Hield is at the practice court every night (Twitter link) and predicted that second-rounder Cheick Diallo “will become a fan favorite” (Twitter link).
  • The Mavericks improved defensively at both center and small forward with the addition of Andrew Bogut and Harrison Barnes, writes ESPN’s Kevin Pelton. In his analysis of every player on the team, Pelton writes that Bogut remains one of the league’s best rim protectors, while Barnes, who is versatile enough to defend power forwards and small forwards, represents a clear upgrade from Chandler Parsons.
  • This summer’s signings of Nicolas Laprovittola and Patricio Garino show that the Spurs‘ Argentinian pipeline is still active, according to Trevor Magnotti of Upside and Motor. Magnotti says the 26-year-old Laprovittola, who at 6’4″ primarily plays point guard, is probably the better player right now, but adds that Garino has a better shot at making San Antonio’s roster out of training camp. A “power guard,” Garino is only 23 and the author thinks he may be in the Spurs’ D-League plans.

Western Notes: Walton, Pelicans, Gallinari, Paul

Warriors assistant Luke Walton is reportedly poised to become a top candidate for the Knicks coaching vacancy, and the Lakers, Suns, Rockets and Kings are expected to target him, too, but former colleague Alvin Gentry thinks Walton still doesn’t gets the credit he deserves, notes Marc Berman of the New York Post. Gentry, now head coach of the Pelicans, was on Golden State’s staff last year with Walton, who inherited Gentry’s role as lead assistant and guided the Warriors to a 39-4 record while head coach Steve Kerr recovered from back surgeries. “Luke did an unbelievable job of managing egos, of rotations he played,” Gentry said. “Everything that happened there, he pushed the right buttons, so I was disappointed when people said anybody can coach that team. That’s not true at all. He has an unbelievable understanding of the game. I think [Knicks president] Phil [Jackson] knows that. [Luke] stayed in the league for a long time because of the basketball IQ he has. He gets along great with players. He’s going to be a terrific coach in the league – I really do think that.”

See more from the Western Conference:

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