Kings Trade Thornton To Nets For Terry, Evans
The Kings and Nets have announced the first trade of the 2014 deadline season, a deal to send Marcus Thornton to Brooklyn for Jason Terry and Reggie Evans. David Aldridge of TNT first reported the agreement, via Twitter. The deal came together over the last 24 hours or so, with Adrian Wojnarowski of Yahoo! Sports the first to report that negotiations had become serious. No picks or cash are involved in the transaction, according to Aldridge, though Wojnarowski reported that the teams were discussing making a conditional pick that would go to the Nets a part of the trade. Both teams had room beneath the 15-man roster limit, so no one will have to be released before the trade can become official.
The Nets take on less than $1MM in extra salary as a part of the trade, but that’s compounded because they’re deep into tax territory. The Nets are also willing to take back Jordan Hill from the Lakers, and that would mean the Nets would be in line for a luxury tax payment of about $105MM, according to Grantland’s Zach Lowe (Twitter link), and that’s money that would be distributed to non-taxpayers at season’s end. Together with Brooklyn’s roughly $100MM payroll, Nets owner Mikhail Prokhorov appears willing to spend more than $200MM on this year’s team.
Both teams were also in talks with the Cavs about Jarrett Jack, but it appears they instead decided to make a trade of their own. All three players are on guaranteed deals that run through 2014/15. Thornton, the highest-paid player in the deal, earns $8MM this year and is set to receive close to $8.6MM next season. Terry makes about $5.6MM this season and $5.85MM in 2014/15. Evans will get roughly $1.7MM this year and $1.8MM next season.
The Kings have shown eagerness this season to trade Thornton, their leading scorer from 2011/12. He was involved in multiple reported proposals, including ones to the Cavs and Nuggets. He’s averaging just 8.3 points in 24.4 minutes per game this season, but that includes a 42-point outburst against the Pacers on January 24th.
“Marcus is a proven scorer in this league,” Nets GM Billy King said of the 26-year-old Thornton, in the team’s release. “He is a young talent who will help us in the backcourt.”
Terry, 36, has slumped after signing a three-year contract in 2012 with the Celtics, who traded him to the Nets in the Paul Pierce/Kevin Garnett blockbuster this past summer. He’s averaging 4.5 PPG and 16.3 MPG this season, both career lows. Evans, long one of the best per-minute rebounders in the league, is excelling in that category again this season, grabbing 13.4 boards every 36 minutes. He’s nonetheless seen a more than 50% cut in playing time this year for Brooklyn, thanks in part to the presence of Garnett.
“Adding Jason and Reggie provides our roster with toughness and veteran leadership that will help this team continue to grow,” Kings GM Pete D’Alessandro said, in Sacramento’s press release. “They bring a wealth of NBA experience to Sacramento that will undoubtedly make a positive impact on our younger players. We also thank Marcus for his contributions and wish him great success going forward.”
Photo courtesy of USA Today Sports Images.
Kings, Nets Near Deal For Thornton, Terry, Evans
12:46pm: The draft compensation being discussed is a future conditional pick to the Nets, Wojnarowski writes.
12:32pm: The teams are indeed discussing draft picks, and they’re haggling over that issue at current, according to TNT’s David Aldridge (Twitter link).
11:45am: There are no picks or cash involved, Wojnarowski tweets.
11:44am: Berger seconds Lloyd’s report that the deal is close, and confirms Evans is still a part of the proposal (Twitter link).
WEDNESDAY, 11:42am: A deal involving Terry and Thornton is nearing completion, tweets Jason Lloyd of the Akron Beacon Journal. Lloyd doesn’t mention Evans, but I presume he remains in the talks.
TUESDAY, 10:44pm: Jared Zwerling of Bleacher Report echoes (via Twitter) what Wojnarowski reported earlier, hearing that talks are “heating up” between the two sides, and a deal could happen “soon.”
9:08pm: Sacramento’s discussion with Brooklyn about a move that would see the Kings acquire Terry and Evans in exchange for Thornton have progressed to a “serious stage,” a league source tells Wojnarowski. The Kings are also exploring potential options for Jimmer Fredette, hears Wojnarowski.
2:20pm: The Kings and Nets are discussing a deal that would send Marcus Thornton to Brooklyn for Reggie Evans and Jason Terry, tweets Adrian Wojnarowski of Yahoo! Sports. The talks are concurrent with other conversations the teams are having with several other potential partners, Wojnarowski notes via Twitter. Both teams have been talking to the Cavs about Jarrett Jack.
Multiple reports suggest Sacramento is anxious to trade Thornton, and he’s one of the players the Kings have talked about including in a deal for Jack. Terry has also been linked to Cleveland, but it appears the Cavs have no interest in him. Evans is a newcomer to the chatter.
The Nets would absorb less than $1MM in extra salary via the deal, but that figure would be multiplied, since Brooklyn is deep into the tax. Just how much extra the Nets would have to pay won’t be entirely clear until the end of the season, but it’s likely that any extra money Brooklyn adds at this point will cost them about three or four times as much, because of the tax penalties.
All three are on deals that are fully guaranteed, without player or team options, through 2014/15. Thornton makes about $8MM this year and close to $8.6MM next season. Terry’s take is about $5.6MM this season and $5.85MM in 2014/15. Evans makes roughly $1.7MM this year and $1.8MM next season.
Latest On Rajon Rondo
Celtics coach Brad Stevens doesn’t foresee drastic changes coming to Boston’s roster any time soon, reports Chris Forsberg of ESPNBoston.com, but that won’t stop speculation from around the league on potential deals about players on his club. Rajon Rondo seems to be at the forefront of the discussion on the teams’ potential trades, so let’s round up the latest regarding the much-discussed point guard:
- We heard earlier tonight that the Raptors were actively pursuing Rondo, but Chris Broussard of ESPN tweets that Rondo wouldn’t have any interest in remaining in Toronto long term. It’s not clear whether or not Rondo’s alleged unwillingness to remain with the Raptors is affecting the clubs’ pursuit, however.
- If a deal is to take place that puts Rondo on the move, league executives know it won’t be until the closing hours before the deadline, according Sam Amick of USA Today (Twitter link).
- As for the notion that Rondo wouldn’t be open to re-signing as a member of the Raptors or Kings, Amick notes (via Twitter) that any club that might acquire him would have 17 months to change his mind before his contract expires. Rondo is signed through the 2014/2015 season.
Kings Make Isaiah Thomas Available
There’s increasingly loud buzz around the NBA that the Kings are making Isaiah Thomas available, reports Marc Stein of ESPN (via Twitter). This contradicts an earlier report that labeled Thomas as one of three Sacramento players that was considered untouchable, along with Rudy Gay and DeMarcus Cousins.
Thomas is having the best year of his career and making just $884K, a bargain for the numbers he’s been able to put up. In 34 minutes per contest, the third year guard is averaging 20.2 points and 6.3 assists while shooting 44% from the floor and posting an impressive PER of 21. He’s slated to become a restricted free agent at years’ end, so the Kings, or any team that acquires him, would have to prepare for a large pay increase next season if they wish to retain him, as Stein points out (on Twitter).
Stein also tweets that rookie Ben McLemore will absolutely not be dealt before Thursday’s deadline. This is consistent with a pair of earlier tweets from Jason Jones of the Sacramento Bee and Sean Cunningham of Sacramento Kings Radio. GM Pete D’Alessandro told reporters, including Cunningham, that McLemore will not be moved. Should the Kings decide to ship Thomas out to another team, Jones passes along (on Twitter) that the Kings are hesitant to trade any future picks or take on more salary, unless it’s for an impact player.
Ford’s Latest: Magic, Cavs, Bobcats
Victor Oladipo may be the only Magic player unavailable for a trade, according to Chad Ford of ESPN.com, who adds that the team is looking for multiple first-round picks or young players for Arron Afflalo. Ford believes Orlando will indeed find a taker for Afflalo, but that’s in contrast to a report from Sam Amick of USA Today indicating the Magic aren’t that eager to trade him and aren’t hearing from any team with strong interest (Twitter link). The Magic’s price is much lower for Glen Davis and Jameer Nelson, Ford writes, and while Amick tweets that the Magic is focusing most of its trade attention on those two, Orlando hasn’t gotten anywhere with either of them yet, Amick says.
Ford has much more in his latest Insider-only piece, and we’ll hit the highlights here:
- The Cavs and Bobcats appear to be the only teams capable of trading away a 2014 lottery pick that would actually do so, according to Ford. If the Cavs are determined to make a playoff push, they’ll offer Dion Waiters and their 2014 first-round pick in search of veteran help, Ford writes.
- There’s nothing major happening on the Ersan Ilyasova front, Ford hears, naming Gary Neal and Luke Ridnour as the Bucks most likely to be traded. Milwaukee is reluctant to let go of Caron Butler, who’s a native of nearby Racine, Ford adds.
- The Sixers want “significantly” more than just a first-round pick for Thaddeus Young, which has been dissuading some teams from trading for him, Ford writes.
- Jeff Green and Brandon Bass are the names that come up most frequently in trade discussions involving the Celtics, according to Ford.
- Several GMs tell Ford that the Lakers appear willing to discuss any player on their roster short of Kobe Bryant.
- Everyone outside of DeMarcus Cousins, Rudy Gay and Isaiah Thomas is available from the Kings, with Marcus Thornton, Jason Thompson, Carl Landry and Jimmer Fredette the primary bait, Ford writes.
- It’s unlikely the Jazz trade Gordon Hayward, Ford says, naming Marvin Williams as the team’s most likely trade candidate.
- Teams are looking to acquire a package of both Greg Monroe and Rodney Stuckey, but the Pistons remain unwilling to deal Monroe, as multiple GMs tell Ford.
Latest On Rajon Rondo
The Knicks are making one last push to acquire Rajon Rondo from the Celtics, but they’re convinced it’s a futile attempt even as they do so, tweets Marc Stein of ESPN.com. It sounds as if New York is doing its due diligence to make sure the four-time All-Star is truly out of reach as the trade deadline nears. Sources tell Sean Deveney of The Sporting News there’s “very little chance” the Celtics find a suitable trade partner for Rondo, and that’s consistent with most reports. Here’s more from Deveney:
- Boston is looking for a young player with All-Star potential plus multiple first-round draft picks for Rondo, Deveney says, adding that some would-be suitors are scared off by Rondo’s ACL injury last year. Teams that have called often abandon their pursuit once they realize the asking price, as Deveney explains.
- The Kings highly value Ben McLemore, one of the players reportedly in their proposed Rondo trade, but the C’s would want a more well-established player in return, according to Deveney.
- The Raptors don’t possess the assets to land Rondo, unless they get involved in a multi-team deal, Deveney writes.
Spears On Rondo, Lin, Barnes, Turner
Can the Rockets keep soaring past the All-Star break? In his latest power rankings, Marc J. Spears of Yahoo Sports brings Houston up from No. 7 to No. 4, putting them right behind the Heat, Pacers, and Thunder. Will they make a big splash in the days to come to hold their spot? Spears has the goods on that and more..
- According to a source, the Kings offered the Celtics Isaiah Thomas, Ben McLemore, and two picks for Rajon Rondo. However, Rondo wasn’t interested in re-signing with Sacramento.
- While the Rockets would love to trade Omer Asik, a source says they won’t trade reserve Jeremy Lin due to the scoring value he brings.
- Sources tell Spears that Warriors executives have informed forward Harrison Barnes that, barring a blockbuster offer, he will not be traded before Thursday’s deadline. Recently, Warriors owner Joe Lacob said that he hopes to keep Barnes for the long haul.
- The 76ers want to move Evan Turner and Spencer Hawes and could act as a third team in a significant trade.
- Raptors coach Dwane Casey is in the final year of his deal but Spears hears that he has impressed GM Masai Ujiri.
- The Pelicans could be trading guard Austin Rivers and the rights to D-League guard Pierre Jackson between now and Thursday.
- The Kings are in the market for a veteran backup point guard who can push the ball up the floor.
- With several teams looking for backup point guards, Bucks veteran Luke Ridnour could be on the move.
Kings Owner On Malone, Front Office, Cousins
Kings owner Vivek Ranadive tells Ailene Voisin of The Sacramento Bee that he expects the team will lose money this year, but he says he’s “not that concerned” about it. Ranadive has officially been in control of the franchise for just eight and a half months, but he’s already made a significant impact. He’s signed off on a max extension for DeMarcus Cousins, hired a new coach, overhauled the front office and kept pushing for a new arena against local opponents and a 2017 NBA-imposed deadline. The software magnate shared a range of thoughts on the team and other subjects with Voisin, and we’ll pass along a few highlights from their Q&A here:
On coach Michael Malone:
I think Michael Malone is going to be a great coach. He was thrown into a situation where there was a lot of dysfunction, and we said the first year is not going to be measured on wins and losses. Do we have a culture? Do we have a system? Are we developing our players? I believe we’re moving in the right direction.
On the philosophical differences between Malone and the front office:
Look, I know people talk about that my coach is always focusing on defense, while guys like Mullie (Chris Mullin, adviser) and Petey (D’Alessandro, general manager) are offense-oriented. And that we have offensive players. It’s no secret the game has become an offensive game, with three-point shots, layups, the rule changes. We all see it. So we have to reconcile that. And I think it’s good. If I had everyone who agreed, why would I want them?
On the team’s player personnel moves since he bought the team:
I’m very pleased with those decisions. When I bought the team, everybody told me the first thing you should do is get rid of DeMarcus, including the previous management. But I just kept an open mind, and I interacted with the young man. And what I saw was a young man who wanted to win and had experienced nothing but chaos during his time with the Kings. Throughout the season he has proven that he wants to win, and he is maturing. I can’t fault him because he wants to win so much.
On whether the notion that the current collective bargaining agreement is more small-market friendly than the one before it influenced his decision to buy the team:
It was a factor when I asked some smart money people to join me. I did explain to them we were at an important point in the evolution of the business. And, yes, in the past, most teams lost money. But with the new TV contract and all the things that were happening, this (NBA) was going to become more like the NFL.
On his accomplishments so far as Kings owner:
“Just kind of stepping back, when I took over, we started from scratch. There is no other word for it than a turnaround. We just paid $535MM for something that had no revenue, no ticket sales, an arena that is falling apart, that had chaos in the locker room, leadership that was falling apart, and so I had to just quickly stabilize everything. And kind of keeping with my philosophy of surrounding myself with people smarter than me, I think I’ve done that. (Team president) Chris Granger is one of the top guys in the NBA.”
Odds & Ends: Silver, Warriors, Lakers
New NBA commissioner Adam Silver gave his first official State of the Union address this evening. He touched on a number of different topics, and you can check out the full range of them in this article by Ben Golliver of SI.com. Silver spoke on the subject of tanking, which in light of this season’s talented draft class, has been a prime source of discussion around the league. Silver stated, “There’s absolutely no evidence that any team in the NBA has ever lost a single game, or certainly in any time that I’ve been in the league, on purpose.” Silver also addressed the NBPA’s lack of an executive director. He said, “I would love to have a partner across the table from me that had the backing of the entire Players Association and with whom we could do business with.” The commissioner also stated that he would like to alter the current “one-and-done” system that requires players to be at least one year removed from high school before they are draft eligible. His goal would be to change the rule and require incoming players to be at least 20 years old.
More from around the league:
- Former D-League coach Eric Musselman stressed the importance of that league for helping to prepare players for the pros, and runs down a number of the league’s success stories who made an impact in the NBA in this article from Keith Schlosser of Ridiculous Upside.
- The Warriors still seem to be trying to put some sort of deal together before next Thursday, tweets Steve Kyler of Baskeball Insiders. There have been reports that Golden State is seeking depth at the point guard position.
- A group of supporters for the new Kings arena went to court with Sacramento city officials on Friday to fight back against the lawsuit demanding a public vote on the proposed project. Dale Kasler of the Sacramento Bee has the full story.
- Mark Heisler of The Orange County Register takes a look at how Kobe Bryant‘s extension came about, as well as the long-term impact it will have on the Lakers future cap flexibility.
Charlie Adams contributed to this post.
Northwest Notes: Miller, McGee, Love
The Nuggets have been actively seeking a trade partner that would take on Andre Miller but haven’t been able to garner much interest. The team seems to be starting to accept there isn’t a market for the veteran guard and might consider retaining him, reports Ken Berger of CBSSports.com. Miller worked out for Denver this week after sitting since December 30th. The Kings and Timberwolves were said to have interest in Miller, but apparently not enough to get a deal done. Here’s more on Denver and the Northwest Division:
- JaVale McGee will decide by March 1st if he’ll be healthy enough to play for the Nuggets this season, reports Chris Dempsey of the Denver Post. McGee has been inactive since November, and Denver’s frontcourt could definitely benefit from his return. Offseason signee J.J. Hickson has been playing major minutes at center but is a bit undersized at 6’9.
- Kevin Love is affecting the way teams approach the trade deadline this year, according to Chris Mannix of Sports Illustrated (Twitter link). Teams that think they can pry Love away from the Timberwolves in the summer of 2015 are trying to leave themselves the cap flexibility that will be required to make such a move.
- Another tweet from Mannix pegs Love as the “crown jewel” of his expected free agency class, even among players such as the Blazers’ LaMarcus Aldridge.