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Hornets Sign Jeremy Lamb To Extension

November 2nd, 2015 at 3:02pm CST by Will Joseph

Courtesy of USA Today Sports Images

3:02pm: The deal is official, the team announced via press release.

“We were thrilled with the opportunity to add Jeremy Lamb to our roster this past summer,” Hornets GM Rich Cho said. “Through the preseason and start of our regular season, Jeremy has proven to be the type of player and professional we seek here in Charlotte. We’re excited to have him as a part of the Hornets for years to come.”

MONDAY, 10:30am: The sides have an agreement in principle, tweets Rick Bonnell of the Charlotte Observer.

SUNDAY, 8:39pm: The Hornets and Jeremy Lamb are closing in on a three-year extension for around $21MM, Marc Stein of ESPN.com reports.

Lamb is under contract for 2015/16, the final season on his rookie-scale contract, at a salary of $3,034,356. The 23-year-old shooting guard has long been considered to have high upside because of his athleticism and solid outside shooting ability. At 6’5″ and 185 pounds, Lamb also has good size for his position.

Ken Berger of CBS Sports recently touted Lamb’s potential but added that he needs to develop his drive game and get to the paint in order to take full advantage of his opportunity with the Hornets. Much of that has been said about Lamb ever since the Rockets drafted the former UConn player with the 12th pick of the 2012 draft. Houston then traded him to the Thunder as part of the James Harden deal.

Lamb was acquired by the Hornets from the Thunder in June in exchange for Luke Ridnour and a 2016 second-round pick. In 47 appearances last season he averaged 6.3 points, 2.3 rebounds, and 0.9 assists. Lamb was never able to consistently crack the Thunder’s rotation, and while he displayed range, he was also an inconsistent shooter. Thus, it is a risky move for Charlotte. Still, while $21MM may seem like a lot right now, it’s worth keeping in mind the expected rise in salary cap next year.

The league officially projects that the cap will leap to $89MM for 2016/17, though Sean Deveney of The Sporting News recently heard from many agents and executives around the league who believe it will end up at $95MM. Prior to the Lamb deal, Charlotte had been carrying about $34MM in guaranteed salary for 2016/17. Al Jefferson and Nicolas Batum, the team’s two most highly paid players this season, are on expiring contracts.

Pacers Decline 2016/17 Option On Solomon Hill

November 2nd, 2015 at 2:07pm CST by Chuck Myron

The Pacers have decided not to exercise their team option for 2016/17 on Solomon Hill, reports Shams Charania of Yahoo Sports. That means he’s set to become an unrestricted free agent this coming summer. Hill, the 23rd overall pick in 2013, was to make about $2.306MM on the option, which covered the fourth season of his rookie scale contract. The deadline for the team to make its call on the option was 11:00pm Central tonight.

Hill was a rock for the Pacers last season, when he was the only member of the team to appear in all 82 games and led an injury-hit Indiana squad in total minutes played, as Scott Agness of VigilantSports noted earlier today. The 24-year-old small forward has only made a brief two-minute cameo so far this season, however.

The decision will make it difficult for the Pacers to re-sign Hill next summer if he manages to find his way back into the rotation this season, since they won’t, by rule, be able to give him any more than the value of the option next year. That impediment would transfer if the Pacers dealt Hill to another team, likely making him a less attractive trade target for potential suitors who find his upside intriguing.

Still, Indiana elected to keep the $2.306MM off the books for 2016/17, a season for which the team already has more than $57MM committed against a salary cap that many agents and executives reportedly think will go up to $95MM. The Pacers are without any other pending rookie scale options or extensions. Hill joins Sergey Karasev, whose option the Nets will reportedly turn down, as the only two players whose teams declined their options among the more than 50 who entered camp with rookie scale options left on their respective contracts. Anthony Bennett had a rookie scale team option on his contract with the Timberwolves, but it disappeared when the Wolves released him in a buyout deal.

Do you think Hill should be part of an NBA rotation? Leave a comment to tell us.

Rockets To Pick Up 2016/17 Option On Clint Capela

November 1st, 2015 at 6:45pm CST by Chuck Myron

SUNDAY, 6:45pm: The Rockets have picked up the option, Feigen reports. The team has yet to make an announcement.

SEPTEMBER 28TH: The Rockets will exercise their team option to keep center Clint Capela on his rookie scale contract for the 2016/17 season, a source tells Jonathan Feigen of the Houston Chronicle. The formal decision on the option, worth $1,296,240, is due November 2nd, nearly a year before the option season begins.

It’s no shock to see Houston poised to make the move, since most rookie scale team options are picked up, even though Capela saw action in only 12 games and scored a total of 32 points in the regular season this past year, his first in the NBA after the Rockets made him the 25th overall pick in 2014. Capela took a step forward in the postseason, when he saw minutes in place of the injured Donatas Motiejunas. The rookie appeared in more playoff games (17) than regular season contests and averaged 3.4 points in 7.5 minutes per postseason game.

The option will put a slight squeeze on Houston’s cap flexibility for next summer, though the team will only have about $45.6MM in commitments once the option formally goes on the books. That doesn’t count a player option worth more than $23MM for Dwight Howard, Ty Lawson‘s non-guaranteed salary in excess of $13.2MM, or any money for Terrence Jones and Donatas Motiejunas, whose contracts will expire at season’s end if they don’t reach extensions with Houston by that same November 2nd date. The salary cap is projected to hit $89MM next summer.

Do you think Capela will become a productive player for the Rockets? Leave a comment to let us know.

Rockets Sign Chuck Hayes

November 1st, 2015 at 9:36am CST by Arthur Hill

The Rockets have reached an agreement with veteran Chuck Hayes, the team has announced. Houston, which has been beset by injuries to its frontcourt, had an open roster spot so no other move is necessary. It’ll have to be a minimum-salary deal, though it’s unclear whether it’s a one-year or two-year arrangement. If it’s a one-year deal, the league will pay a portion of Hayes’ salary, limiting the impact against Houston’s hard cap. The Rockets were already about $1.5MM shy of the $88.74MM hard cap that the Montrezl Harrell signing triggered.

Hayes was reportedly going to sign with the Rockets over the summer, but a deal collapsed in late August. He was reportedly offered a coaching position, but wanted to continue his playing career. Hayes agreed to a one-year deal with the Clippers, but lost a training camp battle with Luc Mbah a Moute for their final roster spot.

The 32-year-old began his NBA career with the Rockets in 2005/06 and spent six seasons in Houston. He played last season in Toronto, averaging 1.7 points and 1.8 rebounds in 29 games.

Celtics Exercise Options On Olynyk, Smart, Young

October 30th, 2015 at 10:48pm CST by Eddie Scarito

The Celtics have exercised their third-year options on Marcus Smart and James Young, and their fourth-year option on Kelly Olynyk, the team announced (Twitter link). All three options are for the 2016/17 campaign, when Olynyk is set to earn $3,094,013, Smart is due $3,094,013, and Young is set to make $1,825,200. Boston now has a total of $33,971,629 in guaranteed salary committed for next season.

Olynyk, 24, was the No. 13 overall selection in the 2013 NBA Draft. He made 64 appearances last season for the Celtics, including 13 starts, and averaged 10.3 points, 4.7 rebounds, and 1.7 assists in 22.3 minutes per contest. His career averages are 9.4 PPG, 5.0 RPG, and 1.6 APG to accompany a slash line of .471/.349/.744.

Smart was selected with the No. 6 overall pick in 2014, and the franchise desperately hopes that he will develop into its centerpiece player. The 21-year-old made 67 appearances as a rookie last season, including 38 games as a starter. His numbers were 7.8 PPG, 3.3 RPG, and 3.1 APG, and his shooting line was .367/.335/.646.

Out of the three players, Young has been the most disappointing thus far, with the swingman unable to find any consistency in his outside shot, connecting on just 35.3% of his shots overall, and a paltry 25.8% on his attempts from beyond the three-point line. The 20-year-old looks like he’s ticketed to spend significant time in the NBA D-League this season, which may be a blessing in disguise for the former No. 17 overall pick, as it will give him time to work in his mechanics and overall game away from the bright lights of the NBA.

Bulls Exercise Options On McDermott, Snell

October 30th, 2015 at 3:51pm CST by Eddie Scarito

The Bulls have exercised their third-year team option on small forward Doug McDermott and fourth-year team option on swingman Tony Snell, the team announced. Both options are for the 2016/17 campaign, when McDermott is set to earn $2,483,040 and Snell is due $2,368,327. These moves now give Chicago approximately $64.75MM in guaranteed salary committed for next season.

McDermott, 23, appeared in 36 contests last season during a disappointing rookie campaign when he averaged 3.0 points and 1.2 rebounds on 40.2% shooting. His defensive shortcomings no doubt played a part in limiting his minutes to 8.9 per game under former coach Tom Thibodeau, though McDermott failed to impress on the offensive end of the court when he was able to crack Chicago’s rotation. The former No. 11 overall pick has certainly looked more comfortable in Fred Hoiberg‘s system, though the sample size remains small.

The 23-year-old Snell is known primarily for his defensive abilities, as well as his high-energy style of play. Snell appeared in 72 games during the 2014/15 season, including 22 starts, and he notched averages of 6.0 points, 2.9 rebounds, and 0.9 assists in 19.6 minutes per contest. His career numbers are 5.3 PPG, 2.0 RPG, and 0.9 RPG to accompany a slash line of .408/.349/.780.

Pelicans Sign Toney Douglas

October 30th, 2015 at 11:49am CST by Eddie Scarito

FRIDAY, 11:49pm: The deal is official, the team announced via press release.

THURSDAY, 3:44pm: The Pelicans have agreed to a deal with point guard Toney Douglas, Jeff Zillgitt of USA Today reports (Twitter link). Marc Stein of ESPN.com first reported that the two sides were in discussions. New Orleans just waived Nate Robinson, which cleared a roster spot to add Douglas. The Pelicans roster count is now back at the regular season maximum of 15 players.

Douglas, 29, is no stranger to the Pelicans franchise, having signed a pair of 10-day contracts and a multiyear deal with New Orleans last season. The Pelicans waived Douglas in July rather than guarantee his salary for 2015/16, which led the former 29th overall pick to sign with Indiana. Douglas cleared waivers from the Pacers this week after being released by the team.

The point guard appeared in 12 contests for the Pelicans last season, averaging 4.3 points, 1.8 rebounds, and 2.0 assists in 14.8 minutes per night. His career numbers through 309 career regular season games are 7.6 points, 2.2 rebounds, and 2.2 assists to accompany a slash line of .405/.352/.816.

Sixers Pick Up Options On Embiid, Noel, Stauskas

October 30th, 2015 at 10:27am CST by Chuck Myron

The Sixers have exercised their team options for 2016/17 on Joel Embiid, Nerlens Noel and Nik Stauskas, the team announced. League sources told Keith Pompey of the Philadelphia Inquirer the moves would happen shortly before they took place. The news comes as no shock, as Pompey notes, though it represents a noteworthy vote of confidence for Embiid, to whom the Sixers are committing a salary of $4,826,160 for that season without him having played a single regular season game yet. Noel will make more than $4.384MM and Stauskas will see about $2.993MM on their 2016/17 options, as our post on Upcoming Rookie Scale Option Decisions shows, adding in excess of $12MM to Philadelphia’s payroll and doubling the team’s salary commitments for that season.

Teams are facing a Monday deadline for rookie scale team options like these. The vast majority of the these options are exercised, even in cases in which players have yet to blossom, though rarely does a highly touted prospect’s career begin as inauspiciously as Embiid’s has. Philadelphia committed the third overall pick to him last year, knowing that he’d already suffered a broken foot. He wound up missing all of 2014/15, and a follow-up surgery is expected to cost him the entire 2015/16 season, too.

Noel’s option was much more of an open-and-shut case. He, like Embiid, missed his first year under contract with the Sixers because of injury, but the 2013 No. 6 pick delivered last season, finishing third in Rookie of the Year voting and averaging 9.9 points and 8.1 rebounds in 30.8 minutes per game. He’ll be up for a rookie scale extension next summer.

Stauskas, another former top-10 pick, struggled in his rookie season last year as a member of the Kings, shooting just 32.2% from 3-point range after connecting on 44.1% of his 3-pointers in college. He came to Philadelphia via offseason trade, and while injuries forced him to miss the preseason and the first game of the regular season for the Sixers, he’s probable for tonight’s contest, according to Pompey.

One more matter the Sixers have until Monday to resolve is whether to grant a rookie scale extension to Tony Wroten, though little suggestion exists that they’ll sign him to one, so he’s likely set for restricted free agency in July. The Sixers also have a team option on Hollis Thompson for 2016/17, but a decision on that isn’t due until the summer because he’s not on a rookie scale contract.

Are the Sixers wise to be patient with Embiid? Leave a comment to tell us.

Pelicans Waive Nate Robinson

October 29th, 2015 at 2:18pm CST by Chuck Myron

The Pelicans have waived Nate Robinson, the team announced. He was the team’s starting point guard in its opening game Tuesday. However, he only played 19 minutes in that game, and just four in Wednesday’s contest, one in which usual starter Jrue Holiday returned to action. The release of Robinson’s non-guaranteed deal leaves New Orleans with 14 players, one below the regular season limit.

Injuries beset the team during the preseason, and Holiday remains on a minutes restriction. Backup point guard Norris Cole is a couple of weeks into a recovery from a high ankle sprain that’s expected to keep him out for as long as six weeks, and Tyreke Evans, who’s also taken on point guard duties in the past, is about a week into a six-to-eight week recovery from knee surgery. Still, New Orleans has given the majority of its minutes at point guard to Ish Smith, whom the Pelicans claimed off waivers Monday.

The team signed Robinson two weeks ago as part of its effort to offset injuries at the point, but it appears the Pelicans would rather go with Smith and perhaps Toney Douglas, with whom the team is reportedly in talks. In any case, Robinson will receive a sliver of his $1,499,187 for sticking on the roster a few days.

Clippers Exercise Option On C.J. Wilcox

October 27th, 2015 at 8:54pm CST by Eddie Scarito

The Clippers have picked up their third-year option on shooting guard C.J. Wilcox, the team announced via a press release. This option is for the 2016/17 season, when Wilcox is scheduled to earn $1,209,600. Los Angeles now has approximately $77.7MM in guaranteed salary already committed for next season.

It wasn’t a sure thing that Los Angeles would exercise Wilcox’s option, with the team having reportedly explored a deal that would have sent Wilcox and Jamal Crawford to Denver in exchange for Wilson Chandler back in June. With the Clippers currently loaded at the wing positions, Wilcox doesn’t figure to see much burn this season unless the team is hit hard by injuries or those ahead of him on the depth chart severly underperform.

The 24-year-old appeared in 21 games for the Clippers during his rookie campaign, averaging 2.0 points, 0.3 rebounds, and 0.4 assists in just 4.8 minutes per contest after being selected with the No. 28 overall pick in the 2014 NBA Draft. During summer league play this year, Wilcox notched averages of 14.0 PPG, 3.2 RPG, and 1.6 APG in 32.0 minutes of action per appearance.