Rodney Hood

Contract Talks Between Cavs, Hood Have Stalled

Contract talks between the Cavaliers and restricted free agent Rodney Hood have stalled for the time being, a source familiar with the negotiations tells Jordan Schultz of Yahoo Sports (Twitter link). According to Schultz, Hood seems to be seeking a short-term deal that he feels is “fair,” but the Cavs have yet to put an offer on the table that he deems acceptable.

The Cavaliers appear to have earmarked a roster spot and a portion of team salary below the luxury-tax threshold for Hood, but have been unable to find common ground with one of the last two restricted free agents on the market. A recent report indicated that Cleveland is interested in re-signing Hood to a three-year deal — it’s not clear if that would work for the 25-year-old or if he’s seeking an even shorter term in order to return to free agency sooner.

Hood’s leverage is limited due to the lack of viable suitors left for him around the NBA. The Kings are the only team with significant cap room still available, but Sacramento has 15 players on guaranteed contracts and seems unlikely to make a play for the Cavs swingman at this point.

Hood can’t even realistically seek an offer sheet worth the full mid-level exception, since only two teams still hold that $8.641MM exception — one is the Cavs and one is the Jazz, who reportedly don’t have interest in a reunion with their former first-round pick.

The threat of signing his one-year, $3.47MM qualifying offer may help improve Hood’s position in negotiations, since he’ll be in line for a larger role in Cleveland in 2018/19 and could increase his stock in time for unrestricted free agency next summer. Still, taking that path would be a risk for Hood, since there’s no guarantee he’ll get better multiyear offers in 2019 than what the Cavs are offering now.

Central Rumors: Bulls, Redick, Pacers, Cavs, Hood

Before the Bulls signed Jabari Parker to a two-year, $40MM contract, they discussed using their salary cap room to accommodate a possible salary-dump deal with the Nuggets, sources tell ESPN’s Zach Lowe. Denver ultimately made that trade – which involved Kenneth Faried and Darrell Arthur – with the Nets instead of Chicago.

Lowe suggests that many rival executives would’ve preferred to do the deal the Nets did, acquiring a first- and second-round pick rather than adding another defensively challenged wing after having re-signed Zach LaVine. However, Lowe offers a counter, writing that many NBA teams and observers have been “guilty of fetishizing” those deals that see a team acquire a draft pick along with an unwanted contract. Sometimes, Lowe writes, it makes more sense to “chase talent” instead.

Here’s more from around the Central:

  • Zach LaVine spoke to Vincent Goodwill of CSNChicago.com about his experience in restricted free agency and his enthusiasm for the Bulls‘ “offensive versatility.”
  • In an episode of The J.J. Redick Podcast, host – and Sixers guard – J.J. Redick admitted that he came close to a deal with the Pacers when he was a free agent earlier this month (link via Jordan Guskey of The Indianapolis Star). Redick ultimately re-signed with the Sixers on a one-year, $12.25MM deal, while Indiana completed a very similar contract with Tyreke Evans.
  • The Cavaliers are believed to be interested in signing Rodney Hood to a three-year contract, writes Terry Pluto of Cleveland.com. However, it’s not out of the question that Hood signs his qualifying offer with an eye on unrestricted free agency in 2019. Pluto also passes along some notes on Kevin Love‘s extension and Cleveland’s projected rotation in his latest Scribbles column.
  • Ed Stefanski has revamped the Pistons‘ front office in recent months, but he still wants to make one more hire, according to Keith Langlois of Pistons.com, who writes that the club is on the lookout for an executive who will oversee analytics and salary cap management.

Cavaliers Notes: Love, Nance, Veterans

Kevin Love expressed his desire to stay in Cleveland during his exit interview with the team following the NBA Finals, Jeff Zillgitt of USA Today reports. The power forward also reiterated his desire to stay once the news of LeBron James leaving town broke — during both interactions, he discussed his interest in a long-term deal.

Love inked a four-year extension with the Cavaliers worth an additional $120MM. As part of the arrangement, the big man declined his player option for the 2019/20 season, which is the first season the new pact will kick in.

Here some notes and reactions on the deal signed by Cleveland’s newest face of the franchise:

  • The Love signing suggests that the Cavaliers have no interest in a full teardown, Jeremy Woo of Sports Illustrated writes. Outside of rookie deals, Love is the only guaranteed contract on the books past the 2019/20 campaign.
  • Cleveland is reportedly interested in giving both Larry Nance Jr. and Rodney Hood new deals, Woo adds. Nance has one season at roughly $2.27MM left on his current deal. Hood is a restricted free agent, though he hasn’t had much interest this offseason after a shaky start to his Cavs career.
  • The belief around the league was that the Cavaliers were going to move their high-priced veterans, but it became clear early on that the franchise wasn’t going to find takers for many of its players, sources tell Steve Kyler of Basketball Insiders. The scribe adds that Cleveland remains open to trades. However, after locking Love down long-term, there isn’t much urgency to move veterans.

Cavaliers Talking To Luke Babbitt, Trevor Booker

The Cavaliers have reached out to free agents Luke Babbitt and Trevor Booker as they try to fill three open roster spots, according to Joe Vardon of Cleveland.com.

Cleveland saw its salary commitments for 2018/19 take a huge dive when LeBron James signed with the Lakers, but the Cavs still have a payroll of about $109.5MM. That’s over the $101.9MM salary cap, but about $20MM below the tax apron with the full mid-level exception ($8.6MM) and bi-annual exception ($3.3MM) still available.

Babbitt, 29, split last season between the Hawks and Heat. A career 40% shooter from 3-point range, Babbitt’s production fell after a February trade to Miami and he was barely used in the playoffs. Several European teams have expressed interest in signing him if he doesn’t land another NBA contract.

Booker, 30, spent parts of last season with the Nets, Sixers and Pacers. A rugged power forward, Booker had his best season in 2016/17, when he averaged 10.8 PPG and 8.0 RPG for Brooklyn.

No deal is considered imminent with either player, Vardon adds.

One of the Cavaliers’ open roster spots may be reserved for Rodney Hood, who had trouble adjusting to his new role after coming to Cleveland at the trade deadline but is still a valued prospect. He remains part of the plan for the future, a team source told Vardon. Hood is a restricted free agent, and the Cavs can match any offer he receives.

The source adds that Cleveland is “exploring all options” with its resources, including a $5.8MM trade exception from last summer’s Kyrie Irving deal that will expire August 22.

In addition, Vardon relays that there’s nothing new on a rumored trade that would send Kyle Korver to Philadelphia in exchange for Jerryd Bayless. The Cavs may see if they can get more for the 37-year-old marksman before dealing with the Sixers.

Pacific Notes: Walton, Nwaba, Clippers, Jerebko

LeBron James and Lakers coach Luke Walton held their first face-to-face meeting this weekend, Ramona Shelburne of ESPN reports. They had only communicated by text prior to chatting in Las Vegas when James visited the summer league playoffs. So far, so good between the young coach and the league’s premier player, according to Shelburne.

“He’s about the team. He’s about doing things the right way, and he’s about winning,” Walton said. “I can work with those qualities.” The Lakers’ head coach had previously reached out to some of James’ former coaches and teamates to get a better handle on what to expect when coaching James, Shelburne adds.

We have more from the Pacific Division:

  • Restricted free agent Rodney Hood and unrestricted FA guard David Nwaba are potential targets for the Kings in the dwindling market, James Ham of NBC Sports Bay Area speculates. Sacramento could also ease its frontcourt logjam via a deal or simply wait until the market heats up again during the February trade deadline, Ham adds.
  • The Clippers’ moves have put them in a position to contend for a playoff berth but they might be better off falling out of the race quickly, Dan Woike of the Los Angeles Times opines. Patrick Beverley, Lou Williams, Avery Bradley and Luc Mbah a Moute could turn into valuable trade pieces that could land them some prospects and additional draft picks, Woike explains. That would likely be a better outcome for the franchise’s long-term health than squeaking into the playoffs, Woike adds.
  • Veteran forward Jonas Jerebko jumped at the chance to join the Warriors, Logan Murdock of the San Jose Mercury News tweets“My agent called and said the Warriors were interested and after that, it was a wrap,” Jerebko told Murdock. “When the best team in the world calls, you answer.” Jerebko signed a one-year, veteran’s minimum deal with Golden State shortly after being waived by the Jazz.

Free Agent Rumors: Mbah A Moute, Hood, N. Young

While Clint Capela may be the Rockets‘ most important free agent remaining, he’s not the only one the team has to worry about. A person close to the situation and with knowledge of negotiations tells Kelly Iko of RocketsWire that Houston also hasn’t progressed toward a deal in talks with UFA forward Luc Mbah a Moute.

According to Iko, Mbah a Moute is seeking more money and long-term security than he received from the Rockets in 2017/18, but the club is offering him another minimum-salary deal. Iko’s source suggests that the Spurs, Lakers, Clippers, Wizards, and Sixers have all expressed some level of interest in Mbah a Moute as well.

Here are a few more free agent notes and rumors:

  • Jordan Schultz of Yahoo Sports (Twitter link) describes the Rodney Hood sweepstakes as a three-team race involving the Cavaliers, Kings, and Bulls. Sacramento and Chicago are two of the only teams with the cap room necessary to make a viable offer to Hood — we wrote about the Kings’ interest in the RFA swingman earlier today.
  • Free agent swingman Nick Young has received some interest from the Kings, Grizzlies, Rockets, Cavaliers, Jazz, and Timberwolves, among others, tweets Darren Wolfson of 5 Eyewitness News. According to Wolfson, Young views Minnesota as as “good opportunity” but the club’s interest hasn’t been as aggressive as it was a year ago.
  • The Cavaliers had a group in Las Vegas this morning to see free agent wing Treveon Graham work out, league sources tell TNT’s David Aldridge (Twitter link). The Cavs have “strong interest” in Graham, who is drawing interest from the Timberwolves too, says Aldridge.

Kings Have Shown Interest In Rodney Hood

The Kings were unable to secure Zach LaVine‘s services this weekend, with the Bulls officially matching Sacramento’s four-year offer sheet to the guard on Sunday. However, the Kings may still be considering another move on the restricted free agent market.

League sources tell Jason Jones of The Sacramento Bee that Sacramento has shown interest in Cavaliers RFA Rodney Hood, though Jones cautions that talks haven’t progressed to the point where an offer sheet is imminent.

As Jones notes, the Kings are close to having a full roster, but still have approximately $19.5MM in cap room and remain on the lookout for a small forward. As such, it might make sense for the team to make an aggressive play for someone like Hood, a swingman who is young enough that he could continue to develop along with the rest of Sacramento’s young roster.

Hood, 25, spent his first three and a half seasons in Utah before being sent to Cleveland in a deadline-day trade in February. The former first-round pick struggled with the Cavs, but posted solid overall numbers in 60 regular season games in 2017/18, averaging 14.7 PPG on .429/.381/.860 shooting.

The Cavaliers have $106MM+ in guaranteed salaries on their books so far for 10 players, and certainly won’t want to go back into tax territory this season, so they may not match an aggressive offer for Hood.

If the Kings don’t make a play for Hood or another free agent, they’ll likely turn to the trade market as they look to add a small forward and use their remaining cap room to absorb an unwanted contract or two and pick up extra assets.

Free Agent Rumors: LeBron, Capela, Pelicans, Hood

While several key free agents – including Paul George and Chris Paul – reached agreements in the early hours of free agency, LeBron James wasn’t among that group. Still, there’s a little news on James.

According to ESPN’s Dave McMenamin (via Twitter), Cavaliers general manager Koby Altman spoke to both James and agent Rich Paul on the phone when free agency began. Joe Vardon of Cleveland.com first reported (via Twitter) that the discussion was expected to happen.

The specifics of that conversation aren’t known, but the Cavaliers are still believed to be in the mix to sign the summer’s top free agent, though the Lakers are widely considered favorites.

Here are a few more free agent updates from around the NBA:

  • The Rockets‘ front office will meet with Clint Capela and his representatives on Sunday in Los Angeles, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Capela figures to be Houston’s top priority in free agency now that the team has reached a deal with Chris Paul.
  • Pelicans GM Dell Demps has asked some of his current players to reach out to free agent Tyreke Evans about the possibility of returning to New Orleans, tweets John Martin of 92.9 ESPN. Evans would be a mid-level exception candidate for the Pels.
  • Rodney Hood received calls from approximately six teams early in free agency, sources tell Jordan Schultz of Yahoo Sports (Twitter link). Hood is a restricted free agent, so the Cavaliers can match any offer sheet he signs.
  • The Timberwolves, Rockets, Knicks, and Spurs have all shown interest in Trevor Booker, according to Alex Kennedy of HoopsHype, who tweets that a return to the Pacers is also still in play for the veteran forward.
  • Tyrone Wallace, who spent last season on a two-way contract with the Clippers, has generated interest from about a half-dozen teams, tweets ESPN’s Bobby Marks. Wallace received a qualifying offer from the Clips, who will be able to match any offer sheet he signs.

Central Rumors: Hood, Cavs, Pistons, Pacers

While Rodney Hood saw his value slip over the course of the 2017/18 season, he remains a priority for the Cavaliers, according to Sean Deveney of The Sporting News, who hears from a source that Cleveland intends to keep the RFA guard. The Bulls view Hood as a potential Plan B if they lose Zach LaVine, but the Cavs plan on matching an offer sheet from Chicago or any other team, per Deveney.

According to Deveney’s source, both the Cavaliers and Hood are braced for the possibility of the four-year veteran accepting his qualifying offer if he doesn’t find a better deal. Playing out the one-year, $3.47MM contract would allow Hood to rebuild his value in advance of unrestricted free agency in 2019.

Here are a few more notes from around the Central division:

  • The Pistons will be an over-the-cap team this summer, and may not be able to spend their full mid-level exception due to their proximity to the tax line. As such, senior advisor Ed Stefanski says he expects Detroit to be in “the background” of free agency, per Kurt Mensching of The Detroit News. “I like where our team is right now,” Stefanski said. “We have more than enough to compete.”
  • While the Pistons may not aggressively pursue outside free agents, they’d like to bring back a couple of their own. Mensching notes in his article that Detroit has interest in re-signing Anthony Tolliver if the price is right, while a team source tells ESPN’s Ian Begley (Twitter link) that the Pistons have “significant interest” in retaining James Ennis.
  • Victor Oladipo is bullish on the Pacers‘ outlook and sounds like he’d be willing to get involved in recruiting free agents to Indiana, writes Clifton Brown of The Indianapolis Star. However, Oladipo doesn’t expect to be involved in the front office’s decision-making process. “If they ask me, I guess I’ll give them my input,” Oladipo said with a smile. “But for the most part, I just focus on getting better.”

Cavs Issuing Qualifying Offer To Rodney Hood

The Cavaliers will tender a qualifying offer to Rodney Hood this week, ensuring that he’ll become a restricted free agent on July 1, reports Joe Vardon of Cleveland.com.

Because Hood narrowly missed meeting the starter criteria this past season, his qualifying offer will be worth $3,472,887. Hood will have the option of accepting that one-year offer or seeking out a new deal with the Cavaliers or a rival suitor once he reaches free agency. As long as the Cavs don’t withdraw their qualifying offer, they’ll have the right of first refusal on Hood, allowing them to match any offer sheet he signs.

Hood, 25, averaged a career-high 14.7 PPG in 60 total games for the Jazz and Cavs in 2017/18. However, his numbers dipped across the board upon his arrival in Cleveland, and he struggled in the playoffs, refusing to enter one game in the fourth quarter and later falling out of the rotation for several contests.

While Hood’s late-season inconsistency likely hurt his earning potential, it may benefit the Cavs, who still view the shooting guard as part of their future, a source tells Vardon. If Cleveland wants to lock up Hood to a longer-term contract, it probably won’t be as expensive as it once looked.