Free Agent Rumors: Lowry, Gasol, Parsons, Ariza

Raptors GM Masai Ujiri is likely to make a strong push to re-sign Kyle Lowry just as free agency begins tonight to prevent the Heat and Rockets from having a chance to jump in, according to Adrian Wojnarowski of Yahoo! Sports (Twitter link). Here’s more free agency chatter with 11 hours left to go until negotiations can begin:

Western Notes: Lakers, Parsons, Honeycutt

If they are unable to land Carmelo Anthony or LeBron James, the Lakers are also expected to have a strong interest in Wizards free-agent forward Trevor Ariza, Raptors guard Kyle Lowry, Pistons center Greg Monroe, and Suns forward Channing Frye, according to Ramona Shelburne of ESPNLosAngeles.com.

More from out west:

  • Potential suitors are beginning to line up now that the Rockets have declined their team option on Chandler Parsons. Teams that are potentially interested in pursuing Parsons are the Timberwolves, Bulls, Mavericks, and Lakers, reports Marc J. Spears of Yahoo! Sports. Houston will have the opportunity to match any offer sheet that Parsons signs.
  • Spears also notes that if the Timberwolves aren’t able to work out a trade that sends Kevin Love to the Warriors for Klay Thompson, then Minnesota might attempt to work out a sign-and-trade deal with the Rockets for Parsons.
  • Former NBA player, Tyler Honeycutt is weighing overseas offers versus making an NBA comeback, reports David Pick of Eurobasket (Twitter link). He has already auditioned for the Jazz, Rockets and Warriors.

Eastern Rumors: Caboclo, Gortat, Bulls

With word of Joel Embiid‘s injury putting him on the shelf for longer than previously reported, and Dario Saric’s contract keeping him overseas for at least another year, both the Sixers first round draft picks might not play for Philadelphia in the 2014/15 season. Coach Brett Brown told reporters including Jason Wolf of USA Today Sports that he isn’t disappointed facing another season where the Sixers will likely finish at the bottom of the standings. “It is not even close to being demoralizing,” Brown said. “It just reconfirms in a more profound way that our words about trying to rebuild and being disciplined and patient went to a far greater level last night.” More from the Eastern Conference:

  • The Raptors had promised Bruno Caboclo that they would draft the off-the-radar Brazilian at No. 37 in December, and chose him with pick No. 20 when they discovered the Jazz and Suns were poised to snatch him before that, reports Ryan Wolstat of The Toronto Sun.
  • Multiple teams are preparing to make a run at free agent Trevor Ariza, tweets Alex Kennedy of Basketball Insiders. Kennedy says the small forward’s stock is very high following a strong 2013/14 campaign.
  • Zach Lowe of Grantland suggests (on Twitter) Marcin Gortat is a player other than Kyle Lowry that could join the Heat if Miami gains cap flexibility.
  • The Cavs weren’t torn on whether to select Andrew Wiggins or Jabari Parker with the No. 1 pick in the draft, reports Terry Pluto of The Plain Dealer. The actual conflict in Cleveland was whether or not to trade away the pick, writes Pluto.
  • Pistons president Stan Van Gundy tells Keith Langlois of Pistons.com that Detroit will target around 10 players when free agency begins on July 1, with a priority given to players on the wing, where Van Gundy believes Detroit to be thinnest (Twitter links).
  • Anthony Randolph was absorbed by the Bulls from their trade with the Nuggets via the trade exception they received from moving Luol Deng earlier this season, tweets Eric Pincus of The Los Angeles Times.
  • Scottie Pippen is now listed as a special advisor to the Bulls president and COO (H/T Adam Zagoria of SNY.tv). Pippen had previously discussed working for the Knicks with Phil Jackson.

Qualifying Offers: Saturday

The start of the NBA’s 2014 free agency period is just a little less than two days away, and teams continue to extend qualifying offers to their eligible free agents. The offers are rarely accepted, but the player becomes a restricted free agent as a result of the tender. Choosing not to extend an offer to a player who’s eligible for one means the player becomes an unrestricted free agent, prohibiting the player’s current club from matching offer sheets from rival suitors. For a full explanation, check out the Qualifying Offers entry in the Hoops Rumors Glossary. We’ll track today’s qualifying offer updates right here:

  • The Wizards haven’t made their final decision, but are likely to extend a qualifying offer to Kevin Seraphin, tweets Michael Lee of The Washington Post.

Earlier updates:

Lawrence’s Latest: Boozer, ‘Melo, Grizzlies

There’s genuine fear within the Bulls’ front office that owner Jerry Reinsdorf will refuse to use the amnesty provision on Carlos Boozer this summer, passes along Mitch Lawrence of the New York Daily News. Chicago will have a hard time creating the cap room necessary to pursue marquee names if they don’t find a way to get Boozer off the books. Here’s more from Lawrence:

  • Carmelo Anthony would be interested in teaming up with LeBron James and Kobe Bryant, says Lawrence, but the Lakers are unlikely to have the cap space to bring in both superstars.
  • It sounds as if the Rockets‘ pursuit of ‘Melo is unlikely to result in a success. “The only reason Carmelo will go to Houston to listen (to the Rockets) is because of Kevin McHale,” a source told Lawrence. “If the coach wasn’t a top-50, all-time player or was a lesser-name coach, then ‘Melo wouldn’t even visit there. But he’ll listen because it’s Kevin McHale.
  • The Grizzlies are interested in bringing aboard former Knicks president Glen Grunwald to come in and serve under Chris Wallace for two years before taking over the reins as GM, Lawrence writes. That echoes an earlier report from Ken Berger of CBSSports.com but appears to add an expiration date for Wallace’s time in charge of the front office.
  • One league source told Lawrence that he wasn’t sure if Bruno Caboclo was even worth a second-round selection. The Raptors selected Caboclo with the 20th pick in the draft, and Lawrence writes that it’s virtually impossible to find a GM who agrees with their decision.
  • Utah’s decision to draft Dante Exum isn’t surprising since the the Jazz aren’t sold on Trey Burke as a franchise point guard, reveals Lawrence.
  • Dirk Nowitzki won’t even consider signing with a team other than the Mavs this summer, Lawrence confirms.

Raptors Extend Offers To Vasquez, Patterson

11:51am: The team has announced that a qualifying offer for each player has been officially extended.

11:07am: The Raptors will extend qualifying offers to Greivis Vasquez, Patrick Patterson, and Nando De Colo today, tweets Doug Smith of The Toronto Star. The players will all become restricted free agents as a result of the offers, giving Toronto the right to match any offers they secure on the open market.

Both Vasquez and Patterson were acquired as pieces in the Rudy Gay trade with Sacramento this season. Vasquez, who has played well as both a starter and backup in his short career, triggered an increased qualifying offer of $4.7MM. Patterson, a steady rotation big who excels as a shooter, will receive a reduced offer at roughly $4.3MM.

De Colo’s offer will be roughly $1.8MM. De Colo arrived in Toronto via a trade deadline deal with the Spurs, and played limited minutes as a backup wing. All three will assuredly seek more lucrative offers from other teams for Toronto to match or decline, as qualifying offers will remain on the table during that process.

Draft Grades: Atlantic Division

With the 2014 NBA Draft officially in the books, it’s time to take a look back and see how each team used the draft to make improvements and fill needs. I’ve already looked at the Central and Pacific Divisions. Now it’s time for the Atlantic Division:

Boston Celtics

Team Needs: Power Forward, Shooting Guard, Point Guard

Draft Picks:

The Celtics find a potential replacement for Rajon Rondo in Smart, a player who should improve his shooting with some work, and who is capable of defending both backcourt spots. If Rondo isn’t dealt, Smart can slide over and play shooting guard. The biggest worry with a starting backcourt of Rondo and Smart will be their ability to stretch defenses as neither is a reliable outside threat. Good value for pick at that spot.

In Young, Boston gets the potential scoring threat that team so badly needs. Young is a still developing player who will take a few seasons to reach his potential. But he’s a fearless gunner with a sweet outside stroke who can also take it to the basket. Defense will be an issue for Young as he needs to add bulk as well as improve his on ball defense if he wants to get minutes under coach Brad Stevens.

Overall Draft Grade: B+ — The Celtics were hoping to flip these picks for Kevin Love, so that diminishes their overall score for the night. But they did snag two players who should be starters by 2015/2016.

Brooklyn Nets

Team Needs: Youth, Depth, Point Guard, Wing Players

Draft Picks:

  • No. 44 Markel Brown (Shooting Guard)*
  • No. 59 Xavier Thames (Point Guard)**
  • No. 60 Cory Jefferson (Power Forward)***

*Purchased pick from Timberwolves
**Purchased pick from Raptors
***Purchased pick from Spurs via Sixers.

The Nets needed to acquire some cheap depth, and that’s pretty much what they accomplished. The franchise had a better night than expected, acquiring three second-rounders on draft night. None of the players they selected project out as a starter, but Jefferson could prove useful this season, while Brown and Thames will take longer to bear fruit.

Overall Draft Grade: C — The team acquired some potentially useful pieces, but nothing that improved the franchise for next season. It was a better haul than expected, considering the team had zero picks heading into the draft.

New York Knicks

Team Needs: Center, Youth, Small Forward

Draft Picks:

  • No. 34 Cleathony Early (Small Forward)
  • No. 51 Thanasis Antetokounmpo (Small Forward)
  • No. 57 Louis Labeyrie (Power Forward/Center)*

*Purchased pick from Pacers

The Knicks went into draft night desperately attempting to acquire a first round selection. They weren’t able to move into the first round, so thanks to the recent Tyson Chandler trade with the  Mavericks, Phil Jackson at least had a chance to make his first mark on the franchise. Early buzz was that the team was looking at Patric Young at No. 34. But when Early fell out of the first round, the Knicks couldn’t pass him up.

Early can play, but where that will be still remains unclear. He’s not fast enough to guard small forwards, nor is he big enough to be a power forward. Scouts also have serious misgivings about his ability to handle the ball. He’s also 23 years old, which means he’s close to his ceiling. Despite all the knocks, I think he’ll become a nice rotation piece for the Knicks in a season or two.

Antetokounmpo was a reach. Neither the Bucks, who employ his brother, nor the Sixers, who he played for in the D-League, decided to take him. That should tell you something right there. Granted, there wasn’t much left on the board at the time, so he might be worth the chance. 

Labeyrie is unlikely to ever play in the league, which makes the move to purchase the draft pick a puzzling one.

Overall Draft Grade: C+ —Credit to Jackson for getting some picks in the draft. Early was a good value for the slot, but the team’s other two selections were probably just footnotes.

Philadelphia 76ers

Team Needs: Shooting Guard, Depth, Talent

Draft Picks:

* Acquired from Magic for No. 10 overall pick, Elfrid Payton
** Acquired for No. 54 overall pick Nemanja Dangubic
***Also traded No. 47 Russ Smith to the Pelicans in exchange for the rights to Pierre Jackson, last year’s No. 42 overall selection.

The Sixers went into the night loaded with picks and high hopes. They were unable to trade up to select Wiggins, and when Parker went No. 2, it seemed all but assured they would select Dante Exum. But for the second draft in a row, Sam Hinkie took a chance on a player who might not set foot on the court all of next season.

Embiid is the most transformative player in the entire draft. But he could end up being the next Greg Oden just as easily as the next Hakeem Olajuwon. If Embiid can overcome his mounting injury concerns, this draft will be looked back on with great fondness. But this draft will also be looked at as tanking 2.0 for the team since it did nothing to get better for the 2014/15 season.

We just discussed Embiid, but Saric isn’t planning on coming over to the NBA for one or two seasons, minimum. The same with Micic. Both picks are decent values. Saric went right where he was slotted, and has a wealth of potential. The big question is if the team was better served to reach for that potential or better served selecting T.J. Warren, Adreian Payne, or Doug McDermott — and not having made the trade with Orlando that swapped picks.

Micic was predicted as a late first round selection in some mocks, so he’s a value where the team picked him. I’m very high on the selection of McDaniels, a player I thought had mid first round talent. He’s a ferocious defender who will make others around him better. Really like that pick. Grant was also a good value in round two, and he could develop into a nice role player for the team.

Overall Draft Grade: B+ —The final grade rests on Embiid’s health, but he might be worth the gamble. Saric was another good gamble, though the team might have gotten more value at the spot. The second round was filled with good value selections, though only McDaniels has starter potential. This is one that could easily change to an A+ if Saric and Embiid pan out. Passing on Exum could come back to haunt them.

Toronto Raptors

Team Needs: Center, Small Forward, Point Guard

Draft Picks:

  • No. 20 Bruno Caboclo (Power Forward)
  • No. 37 DeAndre Daniels (Small Forward)

If you shook your head and had no idea who Bruno Caboclo is, you’re not alone. Most experts didn’t even have him on their draft boards, much lest being taken in the middle of the first round. Caboclo has been described as the “Brazilian Kevin Durant.” Toronto would be happy if it turned out he was the Brazilian Giannis Antetokounmpo. This pick is a reach, especially considering the better known talent that was still on the board at that slot. This was easily the most puzzling selection of the night.

Snagging Daniels in the second round was a solid pick, and Daniels could develop into a productive reserve.

Overall Draft Grade: D- — I’m still having a difficult time processing the selection of Caboclo. Especially when Clint Capela, Mitch McGary, Rodney Hood, and P.J. Hairston were still on the board. The Raptors could have traded down and still nabbed their man. Daniels is a solid second-rounder, but went in range he was expected to go. The Raptors wanted Tyler Ennis, and were probably heartbroken when he was taken by the Suns at #18. Not a great night in Toronto.

Raptors Have No Interest In Lowry, Heat Deal

7:10pm: Bucher has retracted the story via his Twitter feed, saying the information he obtained from sources was incorrect (All Twitter links).

FRIDAY, 6:02pm: An agreement in principle on the trade is “imminent,” reports Ric Bucher of Bleacher Report. Bucher also backs off the assertion that a Bosh return to Toronto was a definite part of the deal, now saying that Bosh and the Raptors intend to meet to “gauge his interest” in returning.

9:55pm: Norris Cole would head to the Raptors in this scenario, too, Bucher hears (Twitter link).

THURSDAY, 9:42pm: The Raptors are seeking to send Kyle Lowry to the Heat in a sign-and-trade that would also involve Chris Bosh opting out and heading back to Toronto, Bleacher Report’s Ric Bucher tweets. The soon-to-be free agent Lowry and the Heat reportedly have mutual interest, even though Lowry has expressed a strong affection for Toronto.

The notion that Bosh, who would be a free agent should he opt out of his deal, would head back to the team where he began his career, seems an odd one, especially given Bosh’s strong desire to remain in Miami. Still, it’s apparently questionable whether he’d want to remain with the Heat if LeBron James left.

It’s not truly surprising that the Raptors would envision trading Lowry for Bosh, given that Bosh is a perennial All-Star and Lowry has never been selected for the game. Still, the notion that the Raptors are attempting to make the move, even as they’ve professed allegiance to Lowry time and again, indicates that they’re willing to be bold and leave no option unexplored this summer.

Western Notes: Nuggets, Lakers, Prince, Wolves

Nuggets GM Tim Connelly shares the belief of former GM Masai Ujiri that, while having a marquee player is ideal, it’s possible to construct a team that goes deep into the playoffs without one, as Grantland’s Zach Lowe details.

“Watching the playoffs, I do think there is an increasing sense of parity,” Connelly said to Lowe this morning. “We lack that superstar, but we also think a couple of our younger players could really step their game up. I like our roster as I wake up today. It’s a roster that should restore a playoff spot. But we also want to maintain flexibility so that we can make moves. All of our assets are movable.”

There’s more on the Nuggets from Lowe’s piece among the latest from the Western Conference:

  • The Nuggets have been planning to discuss an extension with Thad Foucher client Kenneth Faried, and it appears they’ll waste no time in doing so. Connelly tells Lowe that he’ll meet with Faried’s representatives next week, just as Faried’s extension eligibility window opens (Twitter link).
  • Lakers GM Mitch Kupchak downplayed the idea that he’ll allow the team’s free agent signings to influence whom the club hires as coach, as Dave McMenamin of ESPNLosAngeles.com notes amid his piece on the team’s hopes for a splashy acquisition.
  • The Grizzlies were never that keen on rumored talks with the Raptors involving Tayshaun Prince and John Salmons, as Ronald Tillery of The Commercial Appeal writes in a subscription-only piece.
  • Wolves president of basketball operations Flip Saunders isn’t anxious to use the $5.305MM mid-level exception likely to be available to the team this summer, observes Andy Greder of the St. Paul Pioneer Press“We will wait,” Saunders said. “Right now, there are not a lot of guys that are out there … that I think are better than players we have on the team. We aren’t just going to spend it just because we have it. If someone pops down and we think it’s worth it, we’ll do it.”
  • Kings GM Pete D’Alessandro and coach Michael Malone insisted Thursday night that the team’s decision to draft Nik Stauskas at No. 8 isn’t an indication that they’ve lost faith in fellow shooting guard Ben McLemoretweets Jon Santiago of Cowbell Kingdom.

Nets Trade For Xavier Thames, Cory Jefferson

9:28am: The trade involving Jefferson is now official, too, the Nets announced in a press release. The Sixers receive cash in the deal, according to the release.

FRIDAY, 12:46am: The Nets have officially announced the Thames deal (on Twitter). Toronto receives cash in return. Brooklyn’s acquisition of Jefferson remains unofficial, but a release on the Sixers’ website helps explain the convoluted path that Jefferson took to Brooklyn. The Sixers acquired the No. 60 pick that was used on Jefferson as a part of their trade that sent No. 54 pick Nemanja Dangubic to San Antonio. The Sixers then agreed to ship that No. 60 pick to the Nets. It remains unclear what Philadelphia receives in return, but presumably it’s also cash.

THURSDAY, 11:55pm: The Nets have struck separate deals to acquire No. 59 overall pick Xavier Thames from the Raptors and No. 60 overall pick Cory Jefferson from the Spurs, tweets Adrian Wojnarowski of Yahoo! Sports.

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