Raptors Buy Out Marcus Camby
THURSDAY, 6:06pm: The Raptors and Camby have completed the buyout, tweets Ian Begley of ESPNNewYork.com. Begley says Camby is a free agent now, but the veteran center will have to clear waivers first. Camby is hoping to play two more years before getting into coaching, as Zwerling reported today.
WEDNESDAY, 11:05pm: Camby and the Raptors are still working on the details of the buyout, which has not yet been finalized, reports Jared Zwerling of ESPNNewYork.com. Still, an agreement remains in place and the parting of ways should be official by the end of the week, Zwerling writes. The Heat, Rockets, Bulls and Clippers are the front-runners to sign Camby once he clears waivers and becomes a free agent, Zwerling hears.
2:05pm: The Raptors have agreed to a buyout with Marcus Camby and have released him, the team formally announced today (Twitter link). Marc J. Spears of Yahoo! Sports reported last night that Toronto was expected to reach a buyout agreement with Camby.
Camby, 39, was sent back to Toronto, where he started his NBA career, in the trade that saw the Knicks acquire Andrea Bargnani. Not long after the move was agreed upon, the veteran big man expressed some unhappiness with being traded to a non-contender, and Marc Berman of the New York Post reported shortly thereafter that Camby had asked to be traded or bought out.
Camby was set to earn $4.38MM in 2013/14 and was on the books for a $4.18MM salary the following season, though only about $1.03MM of that second year was guaranteed. I would guess that Camby probably agreed to give up that second-year guarantee in his negotiations with the Raptors, though the terms of the buyout aren't known. The move also reduces the cap hit for Toronto, since the club can apply the stretch provision to Camby's deal.
Assuming Camby clears waivers, which seems like a safe bet, he'll be free to sign with any team except the Knicks, who are ineligible to re-add him until next July. However, according to Spears, other contenders like the Clippers, Bulls, and Rockets could have some interest.
Camby Hopes To Play Two More Years, Then Coach
Having agreed to a buyout with the Raptors, Marcus Camby appears to be ticketed for unrestricted free agency by this weekend, but the 39-year-old doesn't intend to end his playing career anytime soon. According to Jared Zwerling of ESPNNewYork.com, Camby still hopes to play until 2015, when his previous contract would have ended, and then aims to get into coaching after that.
"He wants to play two more years and then move into coaching," a source told Zwerling. "He would likely start out as an assistant, as many [former players] do, but someday he'd be a great head coach. He has a very high basketball IQ."
Reports are divided on whether or not Camby is officially on waivers yet. Zwerling hears that details of Camby's buyout are still being finalized, even though the team announced yesterday that an agreement had been reached and the big man had been released. Either way, Camby should be on the open market soon, free to sign with any team except the Knicks. The former second overall pick hopes to join a contender, with the Clippers, Heat, Bulls, and Rockets believed to be in play.
"His decision will be fairly quick," the source said. "He's not ruling out the minimum, but if a team shows a bigger commitment, that could make a difference."
Contract Details: Andersen, Young, Roberson
The specific figures on several of this summer's contracts continue to trickle in, so we'll keep passing along any notable details or changes related to those deals. Here's the latest:
- Chris Andersen will be getting the minimum salary in his deal with the Heat, according to Mark Deeks of ShamSports (Twitter link). Previous reports indicated he'd receive 120%, the most the Heat could give him via Non-Bird rights.
- Eric Pincus updated several team salary figures at HoopsWorld, including the Pacers, Clippers, Lakers, Bucks, Timberwolves, Pelicans, Knicks, Thunder, Magic, 76ers, and Suns.
- Nick Young's deal with the Lakers includes a 15% trade kicker, tweets Pincus.
- According to Pincus, Mike Conley, Zach Randolph, Carmelo Anthony, and Kendrick Perkins all saw their cap hits for next season increase or decrease, based on having met or failed to meet incentives (all four Twitter links).
- While most of this year's first-round picks will sign for 120% of their rookie-scale amount, it appears Thunder first-rounder Andre Roberson signed for just 80% of his, tweets Pincus.
- It seems as if Dwight Buycks received a portion of the Raptors' mid-level exception rather than the minimum salary. Deeks tweets that he'll get a guaranteed $700K from Toronto. Buycks reportedly signed a multiyear deal, so it's not clear if his second-year salary exceeds the minimum or includes a guarantee.
Odds & Ends: Oden, Henderson, Rockets, Raptors
Here are a few Wednesday odds and ends from around the Association:
- Although we'd previously heard that the Pelicans hoped to meet with Greg Oden this week, it now appears they'll do so next week, tweets Marc J. Spears of Yahoo! Sports.
- Gery Woelfel of the Racine Journal Times (Twitter link) is hearing that Gerald Henderson is seeking something in the neighborhood of O.J. Mayo money ($8MM annually).
- The Rockets have some interest in the recently-released Mike Miller and Marcus Camby, tweets Jonathan Feigen of the Houston Chronicle.
- Having amnestied Linas Kleiza and bought out Camby, the Raptors will likely use the rest of their mid-level exception ($2.15MM) to bring in another player, but will probably save their bi-annual exception for next year, says Ryan Wolstat of the Toronto Sun (via Twitter).
- Pistons GM Joe Dumars recently denied a pair of trade rumors involving his club, but says the door will "continually stay open" on talks that could help improve the roster (link via Vincent Goodwill of the Detroit News).
- Grantland's Zach Lowe spoke to new Suns head coach Jeff Hornacek about taking over a lottery team, playing two point guards at the same time, and how Michael Beasley can save his career.
Atlantic Notes: Knicks, Brown, Celtics, Randolph
Let's round up the latest out of the Atlantic Division, with a heavy focus on items out of New York and Boston….
- Euroleague star Bobby Brown worked out for the Knicks yesterday, reports Adrian Wojnarowski of Yahoo! Sports, adding that New York is considering Brown for one of its remaining roster spots. The former NBA point guard averaged 18.8 PPG and 5.3 APG in 24 Euroleague contests for Italy's Siena this past season.
- The Knicks continue to negotiate a possible deal for Kenyon Martin, GM Glen Grunwald confirmed yesterday to reporters, including Jared Zwerling of ESPNNewYork.com. Although the Knicks can only offer Martin slightly above the minimum, Grunwald said talks with the big man and his agent were "going pretty well."
- In addition to acquiring a handful of first-round picks from the Nets in the Paul Pierce/Kevin Garnett blockbuster, the Celtics already created a significant trade exception, as Baxter Holmes of the Boston Globe writes.
- Celtics management would like to bring back Shavlik Randolph, whose non-guaranteed contract becomes fully guaranteed after August 1st, but he may end up being a cap casualty, says Mark Murphy of the Boston Herald.
- Murphy adds that once the Celtics work through all the red tape involved, they're expected to officially sign Vitor Faverani to a three-year deal worth about $6MM. A report earlier this week indicated that the two sides had reached a contract agreement.
- Several days ago, Doug Smith of the Toronto Star tweeted that, due to physical issues, Julyan Stone "won't sign now" with the Raptors, after having previously agreed to a deal with the team. While we originally interpreted that to mean the signing had been delayed, it appears, based on Smith's latest blog entry, that it has been nixed entirely. As such, we'll return Stone to our list of current free agents.
Spears On Sixers, Camby, Bobcats, Jordan
Marc J. Spears of Yahoo Sports relayed a string of news items for us on Tuesday night, which range from the Sixers never-ending coaching search to the Bobcats front office. Let's take a look at the latest from Spears:
- The Sixers have received permission to interview Miami assistant David Fizdale for their coaching vacancy, Spears writes. We know the team has interest in Ed Pinckney, Adrian Griffin and Melvin Hunt, as well as in-house candidate Michael Curry and C's assistant Jay Larranaga, but this is the first mention of Fizdale and Philly in more than a month.
- The Raptors are expected to buy out the final two years on the contract of Marcus Camby, who came over to Toronto in the Andrea Bargnani deal, tweets Spears, who lists the Clippers, Bulls and Rockets as teams with interest in the veteran center. Camby is still owed about $7.5MM through the 2014/15 season.
- The Bobcats have promoted Larry Jordan, the older brother of owner Michael Jordan, to team director of player personnel, Spears writes. Larry's previous job title was team director of special projects, and he now takes over a job that has been vacant for three years, according to Spears. He will report to his brother, as well as team president Rod Higgins and GM Rich Cho.
Raptors Amnesty Linas Kleiza
The Raptors will use their amnesty provision on Linas Kleiza, the team officially announced today through a press release. We heard earlier that this move was to be expected, as the deadline for teams to use their amnesty clause for this season is tonight. Kleiza signed with Toronto as a free agent three years ago and appeared in 108 games for the Raptors, averaging 9.8 points and 4.0 rebounds in 22.8 minutes per game.
“We thank Linas for his contributions as a Raptor and wish him all the best,” Raptors GM Masai Ujiri said in the press release.
Kleiza will now be subject to the amnesty waiver process, where teams with cap room can put in a claim for his services over the next 48 hours. If no team bites, Kleiza becomes an unrestricted free agent and, as our earlier report indicates, will probably head overseas for the coming season. While this move won't clear any cap room for Toronto, it should allow the team to move below the tax threshold.
Raptors Sign Dwight Buycks
JULY 16TH: The Raptors have officially signed Buycks, according to the team (via Twitter).
JULY 12TH: The Raptors have reached a contract agreement with point guard Dwight Buycks, according to Darnell Mayberry of the Oklahoman (via Twitter). Buycks will have a chance to earn the backup point guard job with the Raptors, says Mayberry, while Shams Charania of RealGM.com reports it will be a multiyear contract.
Buycks spent last season with BCM Gravelines in France, averaging 18.0 PPG on 48.6% shooting. Prior to playing in France, the 24-year-old played in Belgium and spent time with the Thunder's D-League team, the Tulsa 66ers. The Marquette product also had been playing well for Oklahoma City in Summer League play in Orlando this month, prompting Keith Schlosser of Ridiculous Upside to wonder if he'd earn an NBA contract.
The Raptors figure to head into 2013/14 with Kyle Lowry as the starting point guard, but may not have a veteran backing up, with Sebastian Telfair and John Lucas III on the open market. In addition to Buycks, the Raptors have also agreed to terms with Julyan Stone.
The Trail Blazers, Thunder, and Heat were also interested in Buycks before he agreed to sign with the Raptors, says Charania.
Raptors Expected To Amnesty Linas Kleiza
Today is the last day teams are eligible to use their amnesty clause until next summer, and at least one club is expected to make a move before tonight's deadline. Marc J. Spears of Yahoo! Sports reports that the Raptors plan to amnesty Linas Kleiza, and that Kleiza is a good bet to head overseas for the coming season.
Heading into the offseason, the Raptors only had three amnesty-eligible players: Kleiza, Andrea Bargnani, and Amir Johnson. The former two were both viewed as potential amnesty candidates, but new head of basketball operations Masai Ujiri managed to send Bargnani to New York in a deal that netted the Raptors a first-round pick.
Kleiza, 28, missed a good chunk of the 2012/13 season with injuries, and wasn't effective in the 20 games he played, setting career-lows in PER (8.2) and FG% (.333). The Lithiuanian forward played for Olympiacos in Greece prior to joining the Raptors in 2010, and figures to draw more interest from European teams than he will from other NBA clubs.
Because Kleiza was owed just $4.6MM in 2013/14, there was speculation that the Raptors would simply hang on to him, perhaps to use his expiring contract as a trade chip before next year's deadline. Amnestying Kleiza won't clear any cap room for the Raps, but it should allow the team to move below the tax threshold.
Atlantic Rumors: Nets, Kirilenko, Kenyon, Knicks
GM Billy King says there's nothing untoward about the Nets discount signing of Andrei Kirilenko, despite whispers about under-the-table dealings, as Newsday's Roderick Boone reports.
"I can’t control what people think, what they say," King said. "I think some of the same things were said when Miami got the Big 3 together or guys have moved around. When things happen, people are surprised. My conscience is clean. I know in dealing with [Kirilenko's agent] Marc Fleisher and getting this deal done, I can’t control what people think."
There's more on Kirilenko's decision and other Atlantic Division rumblings, as we detail:
- King said Kirilenko rejected the Nets' pursuit earlier this month, but the forward had changed his mind by the time King checked in with him again, Boone notes in the same piece.
- The Knicks are eyeing free agent Kenyon Martin as they look for a backup big man, and Martin is keeping the Knicks in mind, guard Iman Shumpert tells Jared Zwerling of ESPNNewYork.com.
- Wolves assistant Bill Bayno and Rockets assistant Jesse Mermuys are set to join Dwane Casey's staff with the Raptors, as Eric Koreen of the National Post passes along.
- Philadelphia GM Sam Hinkie held forth on all things Sixers in his interview with HoopsWorld's Bill Ingram, affirming that ownership is on board with the drastic changes he's making to the team.
- The Sixers' acquisition of Nerlens Noel for Jrue Holiday, Hinkie's first major move, became official today, as did the Celtics/Nets blockbuster. Brian Mahoney of The Associated Press examines Brooklyn's high-priced gamble.