Western Notes: World Peace, Kings, Young, Pek
Lakers coach Mike D'Antoni told Marc Berman of the New York Post that the team's decision to amnesty Metta World Peace was purely financial.
"Obviously it’s a byproduct of the CBA," D’Antoni said. "As a person and player, I couldn’t find anyone better. He’s great. I enjoyed coaching him. I hope he finds something great. He deserves it. It’s not the coaches. It’s management. They have to manage the cap."
The former Ron Artest probably won't be heading back to Sacramento, with the Kings not planning to place a bid through amnesty waivers, according to Jason Jones of the Sacramento Bee (on Twitter). While World Peace contemplates a future with another L.A. team, the Lakers have turned their attention elsewhere, and we cover that and other news out of the Western Conference:
- Nick Young's minimum-salary pact with the Lakers is only for one year, but GM Mitch Kupchak suggested that the 28-year-old is a part of the team's long-term plans, as Dave McMenamin passes along (Twitter link). "Although it's a short contract, we hope he would be here for a very long time," Kupchak said.
- Talks between the Wolves and Nikola Pekovic are still going on, but they're moving slowly, tweets Jerry Zgoda of the Star Tribune, who figures they'll drag on into next week, at least. President of basketball ops Flip Saunders characterizes the negotiations as "progressing," Zgoda observes in another tweet.
- Saunders also indicated that the Wolves aren't planning another major move this summer. "What you see is what you get," he said, as Zgoda notes via Twitter.
- The Warriors' ambitions of opening a San Francisco arena by 2017 seemed far-fetched in the beginning, and it's becoming clear that the building won't be ready until 2018 at the earliest, as Tim Kawakami of the Bay Area News Group details.
Pacific Notes: Kobe, Ellis, Kings, Boylan
Let's round up a few overnight links from out of the Pacific Division….
- Asked if he'd be willing to take a significant pay cut next season to help the Lakers create as much cap space as possible, Kobe Bryant wasn't overly enthusiastic about the idea, telling Serena Winters of Lakers Nation that he still intends to negotiate the best deal possible.
- Although the Kings talked to Monta Ellis, it never escalated to the point where the two sides were close on a deal, says Jason Jones of the Sacramento Bee, pointing out that other roster moves would now be necessary to accommodate Ellis (all four Twitter links).
- Ailene Voisin of the Sacramento Bee makes the case for why the Kings should avoid signing Ellis.
- The Lakers have been linked to Josh Powell, Sasha Vujacic and Lamar Odom, but Kevin Ding of the Orange County Register doesn't expect those ex-Lakers to follow Jordan Farmar back to the team (Twitter link).
- After their success with a late-summer signing of Matt Barnes in 2012, the Clippers are again taking a patient approach with the back end of their roster, tweets Ramona Shelburne of ESPNLosAngeles.com.
- Joe Boylan will join the Warriors coaching staff, as the team notes in a press release that also confirms the hiring of new assistant coach Brian Scalabrine.
Chuck Myron contributed to this post.
Kings Form D-League Alliance With Reno Bighorns
The Kings will take over the basketball operations of the D-League's Reno Bighorns for the next two seasons, tweets Tony Bizjak of the Sacramento Bee. The Kings attempted to buy the Bighorns outright, and though owner Vivek Ranadive fell short of that goal, Sacramento will have the option to purchase the club at a later point, according to Bizjak (Twitter link).
The deal forms the latest hybrid partnership between an NBA club and its D-League affiliate. The Kings will run the basketball operations for the Bighorns, while local ownership in Reno will have control over the business side. The Kings will be the only NBA team affiliated with the Bighorns, after having to share the club with the Grizzlies and Jazz last year.
The Kings join the Heat (Sioux Falls Skyforce), Nets (Springfield Armor), Celtics (Maine Red Claws), Rockets (Rio Grande Valley Vipers), Knicks (Erie BayHawks) and Trail Blazers (Idaho Stampede) as the seventh NBA team to engage in a hybrid partnership. A handful of other NBA teams own their D-League affiliates outright.
Pelicans, Kings, Blazers Agree To Three-Way Deal
7:15pm: The Kings press release on the deal has Sacramento acquiring Vasquez from the Pelicans in exchange for Evans. The Kings also say they wind up with a 2016 second-round pick and future second-round considerations, presumably from the Blazers.
6:43pm: The Blazers announced their part, with Lopez and Harris coming from the Pelicans in exchange for Jeff Withey, future second-round draft considerations, and cash.
JULY 10TH, 6:12pm: The Pelicans have confirmed their end of the trade, via press release. They acquire Evans and Withey, send Lopez and Harris to the Blazers, and ship Vasquez to the Kings.
JULY 4TH, 6:04pm: Yahoo's Adrian Wojnarowski reports that Portland will send Jeff Withey to the Pelicans and a future second round pick to the Kings as part of the three-team deal (Twitter links).
4:44pm: ESPN.com's Marc Stein reports (via Twitter) that Terrel Harris, who is on a non-guaranteed contract, will also be sent to the Blazers in the deal. Meanwhile, Portland will pay Lopez's 15% trade kicker, which will be worth about $1.57MM in total, spread equally across the next two seasons. Stein adds that Sacramento will be receiving two second-round picks from the Blazers, rather than one.
4:39pm: The Pelicans will receive cash and future draft picks from the Blazers in the deal, tweets John Reid of the New Orleans Times-Picayune. Sam Amick of USA Today adds (via Twitter) that the Kings will also receive a future second-rounder from Portland.
3:55pm: The Pelicans, Kings, and Trail Blazers have verbally agreed to a three-way deal that will make Tyreke Evans a Pelican, reports ESPN.com's Marc Stein (via Twitter). The deal will send Evans to the Pelicans, Robin Lopez to the Trail Blazers, and Greivis Vasquez to the Kings, with the Blazers sending out picks and cash, according to Adrian Wojnarowski of Yahoo! Sports (via Twitter).
Evans had been preparing to sign a four-year, $44MM offer sheet with New Orleans, so rather than lose him for nothing, the Kings decided to negotiate a sign-and-trade deal. The Pelicans had been motivated to move Lopez in order to make room under the cap for their offer to Evans, so involving the two players in the same deal made sense. Meanwhile, with New Orleans putting together a backcourt that will feature Evans, Jrue Holiday, and Eric Gordon, Vasquez was the odd man out, making him expendable as well.
Sacramento agreed to complete the three-way deal with the Blazers and Pelicans after Jose Calderon passed on an opportunity to sign with the team. According to Wojnarowski, the Kings wanted to sign Calderon and flip Vasquez to another team, but the Spaniard decided he didn't want to be part of a full-blown rebuild in Sacramento. Calderon will continue to negotiate with other teams, including the Pistons, tweets Wojnarowski.
As for the Pelicans, they get their man in Evans and figure to use him off the bench in a Manu Ginobili-type role, behind a starting backcourt of Holiday and Gordon. It's not clear where the cash and picks coming from the Blazers are headed, but I would guess the Pelicans will acquire something from Portland, since New Orleans is sending out multiple players in the move.
For Sacramento, the deal gives the team the opportunity to regain some value for Evans, and Vasquez's modest $2.15MM salary will allow the club to retain plenty of cap space to pursue other players. The Kings previously withdrew a four-year offer for Andre Iguodala, but should still have the flexibility to pursue Iguodala again, if they so choose. Sacramento may also get in on those draft and cash considerations from Portland, though we'll have to wait for further word.
Meanwhile, the Blazers continue to make use of their summer cap space by making trades rather than signing free agents, as Lopez will be absorbed using the team's room under the cap. Portland also agreed to acquire Thomas Robinson from the Rockets without including any outgoing salary. At the moment, only $500K of Lopez's 2013/14 salary is guaranteed, but the next two years of his contract will become guaranteed this weekend, since he won't be waived by tomorrow. He'll earn $5.12MM next season and $5.34MM in '14/15.
The three teams will be able to finalize the transaction when the July moratorium lifts next Wednesday.
Odds & Ends: Kings, Tolliver, Lakers, Ellis
After a bid to relocate the NBA's Kings failed, Seattle-based investors also reportedly explored the possibility of moving the NHL's Phoenix Coyotes to the city. Although the franchise appears to be staying put in Phoenix, Seattle wasn't the only city interested in relocating it. According to Dwight Jaynes of CSNNW.com, Paul Allen and the Trail Blazers were also interested in buying the Coyotes and moving the team to Portland's Rose Garden.
Here are more odds and ends from around the NBA on a very busy Wednesday:
- The Kings have named high-ranking NBA executive Chris Granger as their new team president, according to Ryan Lillis of the Sacramento Bee. Granger, who had been the executive VP of team marketing and business operations for the NBA, will oversee the team's role in the development of a new downtown sports arena and its business operations, says Lillis. It doesn't sound like Granger will be involved much, if at all, in the Kings' basketball operations.
- Chris Vivlamore of the Atlanta Journal Constitution reports (via Twitter) that Anthony Tolliver is in talks with five teams, including the Hawks, and hopes to make a decision soon.
- The Lakers have had conversations with Josh Powell's representative, tweets Dave McMenamin of ESPNLosAngeles.com. McMenamin adds in a second tweet that the team has also spoken to a couple more former Lakers: Sasha Vujacic and Lamar Odom.
- As Monta Ellis continues to seek a free agent deal, there doesn't appear to be a clear favorite to sign him, writes Steve Kyler of HoopsWorld. News broke today that Ellis has parted ways with his longtime agent.
- Elton Brand and Brandan Wright are still talking to the Mavericks about a potential return, but Rodrigue Beaubois is almost certainly headed elsewhere, as GM Donnie Nelson told reporters today, including Bryan Gutierrez of ESPNDallas.com.
- Before he agreed to sign with the Bobcats, Al Jefferson received interest from the Mavericks and Pelicans, tweets Rick Bonnell of the Charlotte Observer.
Monta Ellis Parts Ways With Agent
One of the top free agents remaining on the open market, Monta Ellis, had parted ways with longtime agent Jeff Fried of Peake Management Group, reports ESPN.com's Chris Broussard. According to Broussard, Ellis is frustrated that he has yet to receive a viable and lucrative long-term contract offer.
"I only wish Monta and his family the very best," Fried said. "He is a superstar on the court and a character individual with tremendous integrity off the court."
While Ellis had been hoping to reach a decision on a team in the next day or two, the change in agents may push that timetable back. The Hawks, Kings, and Mavericks are reportedly still in the running for the 27-year-old guard, while other teams have shown interest, but may not have the financial means to make a competitive offer. Few teams have substantial cap space remaining, so Ellis may prefer a sign-and-trade to get the destination of his choice.
Broussard's sources expect Ellis to sign with Dan Fegan of Relativity Sports. However, it's my understanding that after firing an agent, a player must wait 15 days before hiring a new one. Unless that rule has changed or there's a technicality I don't know about, Ellis may have to be represented by the NBPA in the short-term.
Odds & Ends: Assistants, SVG, Brewer, Lakers
As teams continue to finalize their coaching staffs for the 2013/14 season, a pair of clubs made official announcements today. The Kings have formally hired Dee Brown and Micah Nori, who spent the last four seasons as an assistant in Toronto, while the Raptors have made a hire of their own, announcing that Nick Nurse, coming off a D-League championship, will join Dwane Casey's staff.
Here are a few more odds and ends from around the Association:
- Former Magic head coach Stan Van Gundy tells Chris Tomasson of FOX Sports Florida that it's "very possible" he won't return to an NBA bench for the 2014/15 season, adding that there's no guarantee he'll ever coach again. Tomasson's piece includes plenty of interesting tidbits and quotes from Van Gundy, including word that four teams contacted him in the spring about coaching vacancies.
- We passed along reports today indicating that the Timberwolves are eyeing Corey Brewer, and Jerry Zgoda of the Star Tribune adds another detail, writing that Minnesota is exploring its options for a potential sign-and-trade deal with the Nuggets.
- Dave McMenamin of ESPNLosAngeles.com hears that Raja Bell, Kenyon Martin, and Bobby Brown are among the free agents with interest in the Lakers, though it's not clear if that interest is mutual (Twitter link).
- In his latest mailbag, Ira Winderman of the South Florida Sun Sentinel addresses whether or not it makes sense for the Heat to save their amnesty clause until next year.
- Before they decide whether or not to use their amnesty provision this year, the Raptors will wait to see exactly what the luxury tax threshold is, tweets Ryan Wolstat of the Toronto Sun.
- Grantland's Zach Lowe takes an extended and interesting look at how the Pelicans' offseason moves will shape the team going forward.
Hawks, Mavs, Kings Finalists For Monta Ellis?
3:44pm: The Bulls made a run at Ellis in hopes of acquiring him via sign-and-trade, but couldn't make the other roster moves necessary to complete a deal, according to Shams Charania of RealGM.com. Charania writes that the Kings appear to be in the lead for Ellis, with the Hawks and Mavs also in play. Whatever team Ellis decides on will likely have to make at least one roster move to create room for him.
2:46pm: A source tells TNT's David Aldridge that Ellis' decision may come down to the Hawks and Mavericks (Twitter link). Aldridge adds that Ellis remains interested in Sacramento, but the Kings' acquisition of Luc Mbah a Moute may take them out of the mix.
Meanwhile, in his full story on Ellis, Broussard goes into detail on each suitor's pursuit of Ellis, noting that the Mavs are hoping to land both Ellis and Andrew Bynum, and are shopping Shawn Marion in an effort to make room. The Hawks are considering a sign-and-trade involving Jeff Teague, the Bobcats are waiting to see what happens with Gerald Henderson, and the Kings are exploring trading Marcus Thornton, though again, the Mbah a Moute deal could reduce Sacramento's chances.
2:00pm: Among the free agents still on the board, none had a higher scoring average last season than Monta Ellis. But the top scorer on the market may not be available for long. According to ESPN.com's Chris Broussard (via Twitter), Ellis hopes to make a decision on his destination within the next 48 hours, choosing from a group of suitors that includes the Hawks, Kings, Bobcats, and Mavericks.
The Hawks and Kings have been the teams most often linked to Ellis in the last several days, though the Mavs were also identified as a potential destination for him earlier in the free agent period. I believe this is the first we've heard of the Bobcats' interest, though it's probably not "serious," according to Rick Bonnell of the Charlotte Observer (via Twitter). Depending on what other moves are made, and how big a starting salary Ellis receives, some of those teams may need to negotiate a sign-and-trade with the Bucks rather than signing him outright.
Ellis, 27, declined an $11MM player option to hit free agency, and also reportedly turned down a three-year, $36MM extension offer from the Bucks last season, so he'll likely be seeking a starting salary in that $10-12MM neighborhood.
2013 Amnesty Primer
Today is the last day of the July moratorium, which means NBA teams can officially resume full activity beginning tomorrow. In addition to signaling the end of the moratorium, July 10th also marks the first day that teams are eligible to amnesty players. This year's amnesty period will run from the 10th until the 16th — after that, teams that still haven't used their amnesty clause won't get another chance to do so until next July.
With amnesty week upon us, here's a refresher on how the process works, which teams still have the amnesty option available, and which players remain amnesty-eligible….
How does it work?
The amnesty provision provides a team an opportunity to clear a bad contract from its books for salary cap and luxury tax purposes. Although a team still has to pay the remainder of the amnestied player's salary, as it would for any released player, the player's salary no longer counts against the team's cap (except for minimum payroll purposes) when the amnesty clause is used. For instance, if and when the Lakers amnesty Metta World Peace, they'll still pay him his full $7,727,280 salary for 2013/14, but will remove that figure from the cap, significantly reducing the team's tax bill.
The amnesty provision can be used on any player, as long as the following rules are observed:
- A team can only amnesty one player — not one player per season.
- The amnesty provision can only be used on a player who signed his contract prior to July 1st, 2011. If a contract was signed, extended, or renegotiated after that date, the player cannot be amnestied.
- A team can only use its amnesty provision on a player who was on its roster on July 1st, 2011. If a player was traded after that date, he cannot be amnestied.
- The amnesty clause can only be used during the seven days following the July moratorium. If a team doesn't amnesty a player during that week, it won't get another chance to do so until the following July.
- A team that has yet to use its amnesty clause can do so in any of the next three years. The 2015/16 season is the last year in which a player can be amnestied under the current CBA.
Amnestied players are placed on waivers, but the waiver rules are slightly different than usual. An under-the-cap team can still place a full waiver claim on an amnestied player, if it doesn't mind being on the hook for the rest of the player's contract. However, clubs also have the option to submit partial waiver claims, in what essentially amounts to an auction for the player's services. If no team places a full claim, the team with the highest partial claim is awarded the player. If two teams bid the same amount, the club with the worse record wins out. If neither a full or partial claim is submitted, the player becomes an unrestricted free agent.
For a few more details on the amnesty process, check out our complete explanation in the Hoops Rumors glossary.
Which teams still have the amnesty provision available?
Exactly half of the NBA's 30 teams have used the amnesty provision in the last two offseasons, leaving 15 clubs with the option of amnesty still at their disposal. These are the teams still in play, per our amnesty provision tracker:
- Atlanta Hawks
- Boston Celtics
- Charlotte Bobcats
- Chicago Bulls
- Detroit Pistons
- Los Angeles Lakers
- Memphis Grizzlies
- Miami Heat
- Milwaukee Bucks
- New Orleans Pelicans
- Oklahoma City Thunder
- Sacramento Kings
- San Antonio Spurs
- Toronto Raptors
- Utah Jazz
The Pelicans no longer have any amnesty-eligible players left on their roster, and reports have suggested the Bobcats will amnesty Tyrus Thomas, while the Lakers will amnesty World Peace. That would leave just 12 teams with the amnesty option available.
Which players are still eligible to be amnestied?
While there are 35 players still eligible to be amnestied, some are likelier candidates than others. I examined a few of this summer's potential amnesty candidates back in March, but here's the complete list of players that technically remain amnesty-eligible, along with the total money left on their deals:
- Atlanta Hawks: Al Horford ($36MM)
- Boston Celtics: Rajon Rondo ($24.86MM), Avery Bradley ($2.51MM)
- Charlotte Bobcats: Tyrus Thomas ($18.08MM)
- Chicago Bulls: Joakim Noah ($36.7MM), Carlos Boozer ($32.1MM), Luol Deng ($14.28MM)
- Detroit Pistons: Charlie Villanueva ($8.58MM), Greg Monroe ($4.09MM)
- Los Angeles Lakers: Kobe Bryant ($30.45MM), Pau Gasol ($19.29MM), Metta World Peace ($7.73MM), Steve Blake ($4MM)
- Memphis Grizzlies: Zach Randolph ($34.3MM), Mike Conley ($26.08MM)
- Miami Heat: LeBron James ($61.77MM), Chris Bosh ($61.77MM), Dwyane Wade ($60.49MM), Mike Miller ($12.8MM), Udonis Haslem ($8.96MM), Joel Anthony ($7.6MM)
- Milwaukee Bucks: Drew Gooden ($13.37MM), Larry Sanders ($3.05MM)
- New Orleans Pelicans: No players eligible
- Oklahoma City Thunder: Kevin Durant ($56.99MM), Kendrick Perkins ($18.63MM), Nick Collison ($4.83MM), Thabo Sefolosha ($3.9MM)
- Sacramento Kings: John Salmons ($14.58MM), DeMarcus Cousins ($4.92MM)
- San Antonio Spurs: Tony Parker ($25MM), Matt Bonner ($3.95MM)
- Toronto Raptors: Amir Johnson ($13.6MM), Linas Kleiza ($4.6MM)
- Utah Jazz: Derrick Favors ($6.01MM), Gordon Hayward ($3.45MM)
Pacific Notes: Kings, Salmons, Lakers, Scalabrine
Let's round up a few Tuesday morning items out of the Pacific Division….
- Having missed out on Andre Iguodala, the Kings are still seeking a small forward, as Jason Jones of the Sacramento Bee writes. Within his piece, Jones notes that the Kings haven't shown interest in Andrei Kirilenko or Corey Brewer, and explores some trade possibilities for the club.
- The Kings continue to have interest in Monta Ellis, and ESPN.com's Marc Stein points out in a tweet that the team could potentially amnesty John Salmons to create the cap space necessary to sign Ellis. Of course, that would create an even bigger hole at small forward.
- Marc Berman of the New York Post is the latest to speculate that Carmelo Anthony might decide to sign with the Lakers next summer, especially if the Knicks underachieve in 2013/14. However, Tom Ziller of SBNation.com is skeptical about the Carmelo-to-L.A. rumblings, explaining in his latest piece why he thinks it's a comical idea.
- Warriors head coach Mark Jackson tweeted word last night that the team has brought Brian Scalabrine aboard as an assistant.