Kings Willing To Buy Out Johnson, Prefer To Keep Carter
Joe Johnson, acquired from the Jazz by the Kings in one of Thursday’s three-team trades, will “definitely” get a buyout if he wants one from Sacramento, tweets Marc Stein of The New York Times. However, according to Stein, the Kings would love to hang onto another veteran – Vince Carter – for the rest of the season.
There’s a sense that the Kings would be open to working with Carter on a buyout if an intriguing landing spot surfaces for him in the weeks leading up to March 1, Stein reports (via Twitter). Still, Sacramento is hoping that he elects to stick around and act as a veteran mentor to the team’s young core.
Carter is on a one-year, $8MM deal with the Kings, and has played a limited role for the club this season. In 34 games, the 41-year-old has averaged 5.0 PPG and 2.1 RPG with a shooting line of .385/.367/.667 in 16.6 minutes per contest. His locker room presence has been important though, as the Kings’ in-season goals have transitioned — the club initially hoped to compete for a playoff spot, but now is focused on developing young players.
If the Kings were to grant Carter a buyout, one scenario could involve a return to his old team in Toronto. Multiple sources tell Michael Grange of Sportsnet.ca that the Raptors front office has internally discussed the possibility of signing Carter if he reaches free agency, though he’s just one of several possible targets Toronto is keeping an eye on, Grange notes.
As for Johnson, we heard shortly after Thursday’s trade that he was expected to seek a buyout from the Kings, and that Sacramento was expected to be amenable to one. The Warriors and Celtics were mentioned as a pair of early frontrunners for the veteran forward, with the Thunder cited as a potential suitor too, per Kelly Iko of ESPN 97.5 Houston (Twitter link). The Rockets would also have interest in Johnson, according to David Aldridge of TNT (Twitter link).
There’s no deadline for teams to finalize buyouts with players, but they have to happen by March 1 in order for those players to retain their postseason eligibility. Players waived after March 1 can’t participate in the playoffs if they sign with a new team.
Atlantic Notes: Mudiay, Ntilikina, Bruno, Ainge
The Knicks were interested in both Emmanuel Mudiay and Elfrid Payton as minutes winded down to the trade deadline and the team ultimately decided to swing a deal for Mudiay. Both former lottery pick point guards have been disappointments but Mudiay may have been the more sensible target for the Knicks, Marc Berman of the New York Post writes.
While Mudiay and Payton both come with some downside, they are also both still young and possess talent. Berman quotes two executives who believe Mudiay — who is still under contract for one additional season beyond 2017/18 — is a better fit for the Knicks. The Knicks also gave up Doug McDermott, who was not in New York’s future plans, Berman notes.
In 42 games this season, Mudiay has averaged 8.5 PPG and 2.9 APG.
Check out other Knicks news below:
- While adding another young point guard could be interpreted as the Knicks losing faith in Frank Ntilikina, he is not worried about the acquisition, Newsday’s Al Iannazzone writes. Ntilikina views the addition of Mudiay as a positive that will benefit both sides. We’re not competing against each other,” Ntilikina said. “We’re going to bring each other to the top to make the Knicks a competitive team. We can both play with the ball, we can both play off the ball, so it might be great for us.”
- The Raptors‘ trade of Bruno Caboclo to the Kings for Malachi Richardson may not be a major deal on a blockbuster deadline day but it has salary cap implications, Josh Lewenberg of TSN writes. Trading Caboclo sheds nearly $1MM in salary, which gives Toronto flexibility to fill its 15th roster spot without going over the tax line.
- Despite numerous rumors entering the deadline, the Celtics ultimately kept Marcus Smart. Greg Monroe‘s deal with Boston also became official and the chase for Eastern Conference supremacy continues. Adam Himmelsbach of the Boston Globe spoke to general manager Danny Ainge about the deadline, Smart staying in Boston, and the team’s future — including plans to explore the buyout market.
Kings, Raptors Swap Malachi Richardson, Bruno Caboclo
9:29pm: The Kings have officially acquired Caboclo for Richardson, the team announced in a press release.
4:51pm: The Kings have changed course and will now keep Caboclo on their roster, tweets Sean Cunningham of ABC 10 Sacramento. The Kings are waiving Georgios Papagiannis to clear the roster spot necessary for their other trade.
1:04pm: The Kings plan to release Caboclo once the trade is complete, tweets Jason Jones of The Sacramento Bee.
Sacramento will still owe him the rest of his $2.45MM salary for this season, but the Kings need to open a roster spot to complete a deal with Cleveland and Utah that brings in Iman Shumpert and Joe Johnson while sending out George Hill. Sacramento also gets rid of the nearly $1.6MM Richardson is owed next season, along with future options on his rookie contract.
12:32pm: The Raptors and Kings are finalizing a deal to swap Bruno Caboclo for Malachi Richardson, tweets Shams Charania of Yahoo Sports.
A first-round pick in 2016, Richardson has been somewhat of a disappointment in Sacramento after being acquired in a draft-night trade. He has played just 47 games in a season and a half and is averaging 3.5 points while shooting .365 from the field and .299 from 3-point range.
Toronto also had high hopes for Caboclo when it made him the 20th pick in the 2014 draft, but he has spent almost his entire career in the G League. He has played just 25 games at the NBA level, including two this season.
The Raptors save close $1MM in the deal, which was made to provide more flexibility in the buyout market, tweets Josh Lewenberg of TSN.
Raptors Explore Trade For DeAndre Jordan
It may be a long shot, with a third team likely required to help facilitate a deal, but the Raptors have tried to work their way into the mix for Clippers center DeAndre Jordan, reports Marc Stein of The New York Times (via Twitter).
Jordan, who has been linked to the Cavaliers, Bucks, Trail Blazers, and Wizards, among other teams, is viewed as a somewhat tricky trade candidate, since there’s uncertainty about whether he’ll exercise a $24MM+ player option for 2018/19.
Jordan’s current $22.64MM salary could also be an issue for the Raptors, who are less than $2MM away from the luxury tax threshold this season. Any deal for Jordan would likely have to be built around Jonas Valanciunas, who has a $15.46MM salary. However, Valanciunas’ multiyear contract may not appeal to the Clippers, which might be why Stein suggests the involvement of a third team.
The Raptors have also traded away their 2018 first-round pick already, and are ineligible to move their 2019 first-rounder.
Forbes Releases 2018 NBA Franchise Valuations
The Knicks are still reeling from Tuesday’s news that Kristaps Porzingis has suffered a torn ACL and will be sidelined for the rest of the season. While Porzingis’ injury essentially eliminates the Knicks from the playoff race in the East, team ownership can at least find some solace in the fact that the organization remains the highest-valued franchise in the NBA, according to a report from Kurt Badenhausen of Forbes.
For the first time, all 30 NBA teams have a perceived worth of $1 billion or more, per Forbes’ annual report. In 2017, 18 teams had a valuation exceeding $1 billion, which was up from 13 teams in 2016 and just three teams in 2015.
The league-wide average of $1.65 billion per team is also a record, with franchise valuations up 22% in total over last year’s figures. NBA franchise values have tripled over the last five years, according to Badenhausen.
Here’s the full list of NBA franchise valuations, per Forbes:
- New York Knicks: $3.6 billion
- Los Angeles Lakers: $3.3 billion
- Golden State Warriors: $3.1 billion
- Chicago Bulls: $2.6 billion
- Boston Celtics: $2.5 billion
- Brooklyn Nets: $2.3 billion
- Houston Rockets: $2.2 billion
- Los Angeles Clippers: $2.15 billion
- Dallas Mavericks: $1.9 billion
- Miami Heat: $1.7 billion
- San Antonio Spurs: $1.55 billion
- Toronto Raptors: $1.4 billion
- Sacramento Kings: $1.375 billion
- Washington Wizards: $1.35 billion
- Cleveland Cavaliers: $1.325 billion
- Portland Trail Blazers: $1.3 billion
- Phoenix Suns: $1.28 billion
- Oklahoma City Thunder: $1.25 billion
- Orlando Magic: $1.225 billion
- Utah Jazz: $1.2 billion
- Philadelphia 76ers: $1.18 billion
- Indiana Pacers: $1.175 billion
- Atlanta Hawks: $1.15 billion
- Denver Nuggets: $1.125 billion
- Detroit Pistons: $1.1 billion
- Milwaukee Bucks: $1.075 billion
- Minnesota Timberwolves: $1.06 billion
- Charlotte Hornets: $1.05 billion
- Memphis Grizzlies: $1.025 billion
- New Orleans Pelicans: $1 billion
For comparison’s sake, Forbes’ 2017 valuations can be found right here.
Raptors Unlikely To Be Major Players At Deadline
- Michael Grange of Rogers Sportsnet (Twitter link) is hearing “more and more” that the Raptors will be minor players at the trade deadline, if they’re active at all. Toronto has no interest in Tyreke Evans and views RFA-to-be Rodney Hood as too pricey, says Grange.
Raptors May Do Better In Buyout Market
- The Raptors should wait until after the trade deadline to upgrade their roster, writes Doug Smith of The Toronto Star. Toronto has been carrying an open roster spot all season and has the chance to do well in the buyout market without giving up an asset.
Scotto’s Latest: Pelicans, Gordon, Carroll, Nuggets
Before sending Omer Asik to Chicago, the Pelicans explored trading the veteran center to a number of other teams, according to Michael Scotto of The Athletic. League sources tells Scotto that the Hawks and Pelicans recently talked about a deal that would have sent Asik and a first-round pick to Atlanta in exchange for Marco Belinelli and Ersan Ilyasova.
The Mavericks discussed a deal that would have seen them take on both Asik and Alexis Ajinca – along with a first-round pick – in exchange for Wesley Matthews, but Dallas was hesitant to take on two undesirable multiyear contracts, says Scotto.
Additionally, the Pelicans proposed a pair of trades to the Lakers, according to Scotto, who reports that one would have sent Asik and a first-round pick to L.A. for Jordan Clarkson, while the other would have sent Ajinca and a second-round pick to the Lakers for Julius Randle. That second deal could technically still happen, but I can’t imagine it would appeal to the Lakers.
Scotto’s piece for The Athletic is jam-packed with more noteworthy trade rumors, so let’s dive in and round up some highlights…
- The Magic‘s front office has “left no stone unturned” as the team explores potential trades. Scotto hears that the club has even quietly gauged trade interest in Aaron Gordon, who will be a restricted free agent this summer. I imagine Orlando would require a pretty overwhelming offer to seriously consider moving Gordon.
- Several teams have expressed interest in Nets forward DeMarre Carroll, according to Scotto, who identifies the Heat as one of those teams.
- As we heard on Thursday, the Bulls are still very much open for business. Robin Lopez is a trade candidate, but Chicago wants a first-round pick in a deal for the veteran center, per Scotto.
- Scotto names Malik Beasley, Kenneth Faried, and Emmanuel Mudiay as trade candidates for the Nuggets, noting that the team could be a suitor for Jazz guard Rodney Hood.
- Hood isn’t the only Jazz guard who could be available at the deadline — Scotto hears that Utah has also explored the trade market for Ricky Rubio.
- Several teams are monitoring Pistons forward Stanley Johnson. Scotto notes that Johnson was one player the Magic coveted when they discussed deals with Detroit earlier in the season, and adds that the Spurs have interest too.
- Speaking of the Spurs, they’re one of the teams – as are the division-rival Mavericks – that has expressed interest in Knicks center Willy Hernangomez.
- The Wizards are keeping an eye on the trade market and buyout market for a backup point guard, writes Scotto.
- Fourth-year forward Noah Vonleh has been shopped by the Trail Blazers, according to Scotto. In addition to keeping tabs on DeAndre Jordan, Portland is also interested in acquiring a small forward.
- Executives around the NBA believe that Raptors swingman Norman Powell could be a trade candidate during the offseason due to the emergence of rookie OG Anunoby.
Powell Still Popular With Teammates
- After not playing in three of the team’s previous four games and having being relegated to mop-up duty lately, Raptors guard Norman Powell played well in a come-from-behind win against Minnesota last night, and his teammates weren’t surprised one bit, writes Doug Smith of the Toronto Star, who reports that Powell is still a popular locker room figure.
Alfonzo McKinnie Assigned Briefly To Raptors 905
- Raptors rookie Alfonzo McKinnie will travel with the NBA team to Washington for Thursday’s contest against the Wizards, but he was sent to the G League for a brief assignment earlier today. Toronto assigned McKinnie to the Raptors 905 for the team’s day game, then recalled him a few hours later, after the forward put up six points and 11 boards in a loss (Twitter links).