Cole Aldrich To Opt Out Of Contract
On Wednesday, reports indicated that both Wesley Johnson and Austin Rivers would turn down their player options, opting out of their contracts with the Clippers. That left one Clipper, Cole Aldrich, with an option decision to make, and according to Brad Turner of The Los Angeles Times, Aldrich has elected to opt out of his deal as well.
Aldrich, 27, only averaged 13.3 minutes per game in 60 contests for the Clippers last season, but was a decent depth piece for the club, averaging 5.5 PPG and 4.8 RPG with a career-best .596 FG%. Aldrich signed a two-year, minimum-salary deal with Los Angeles a year ago, with a player option on the second year of that contract.
Since that 2016/17 option is worth the minimum (approximately $1.23MM), there’s little to no downside for Aldrich in declining it. Even if he’s unable to find a team offering him a raise, he should certainly be able to land another minimum-salary contract, perhaps one that’s structured in a similar way to his last deal, giving him some flexibility to opt in or out again in 2017. With the NBA salary cap on the rise, it’s also possible Aldrich will find a team willing to pay him a little more than the minimum.
With Johnson, Rivers, and Aldrich all planning to opt out, the Clippers won’t have to carry those player options on their books when free agency begins in July. However, the team will continue to have cap holds for all three players until they’re renounced or re-signed. For his part, Aldrich has interest in re-signing in L.A., according to Turner.
Shane Larkin To Opt Out Of Contract
Shane Larkin has decided to opt out of his contract this summer, turning down his player option for 2016/17, reports Alex Kennedy of Basketball Insiders (via Twitter). Larkin’s option with the Nets would have paid him $1.5MM next season — instead, he’ll hit the open market in search of a new deal.
Larkin, the 18th overall pick in the 2013 draft, has played for three different teams since entering the league, spending a season apiece in Dallas, New York, and Brooklyn. In 2015/16, he set new career highs in PPG (7.3), APG (4.4), and FG% (.442), among other categories.
While it appears that Larkin could be on his way to joining his fourth team in four years, it sounds like he would prefer to find a home that’s not just a short-term stop. Back in April, before he had made a decision on whether or not to exercise his player option, Larkin told reporters that he doesn’t want to “play a 10-year career with eight different teams.”
“I just turned 23, so I’m still young,” Larkin said. “Being able to get with a team on a two-year deal or three-year deal saying, ‘This is what we want you to be. We want you to spark our offense, push the tempo, be this guy and this is what we feel you can do for the team,’ then that’s perfect. Whether I’m a starter or whatever, it’s cool either way.”
Larkin figures to consider plenty of factors in free agency this offseason – notably his annual salary and his role – but it sounds he like he’ll favor suitors who are willing to offer him a multiyear contract and potentially view him as a part of their future.
Because he only has three years of NBA experience under his belt, Larkin will be eligible for restricted free agency — the Nets would have to submit a qualifying offer worth $1.875MM if they want the flexibility to match any offer for the point guard.
Knicks Hire Jeff Hornacek
JUNE 2, 10:04am: The Knicks have officially confirmed the hiring of Hornacek as their new head coach (Twitter link).
JUNE 1, 10:50pm: The pact will pay Hornacek $15MM over three seasons, Ian Begley of ESPN.com confirms.
2:17pm: Nearly two weeks after first being offered the team’s head coaching job, Hornacek has reached an agreement on a three-year contract with the Knicks, sources tell Wojnarowski. A news conference to formally announce the hiring is expected to happen later this week.
MAY 19, 4:35pm: The Knicks have formally offered the job to Hornacek and the two sides are engaged in contract discussions regarding the length of the deal and annual salary, Adrian Wojnarowski of The Vertical reports (Twitter links).
MAY 18, 7:15pm: A source close to Hornacek confirms that negotiations are still ongoing and nothing has been finalized, tweets Frank Isola of The New York Daily News. Jackson has apparently decided to hire Hornacek, Isola adds, but no contract is in place (Twitter link). Berman describes the process as “mutual interest,” but in the “very, very early stages.” (Twitter link).
6:43pm: Jeff Hornacek will be the next coach of the New York Knicks, tweets Howard Beck of Bleacher Report. Hornacek, who was fired by the Suns in February, became a candidate late in the process after team president Phil Jackson reportedly pushed to keep interim coach Kurt Rambis.
Former Cavaliers coach David Blatt and recently fired Pacers coach Frank Vogel were believed to be the other finalists for the position. The Knicks didn’t contact Hornacek about the job until three weeks after the search began, tweets Marc Berman of The New York Post.
The deal is not fully complete, Beck cautions, though a source tells him it’s “as close as humanly possible.” (Twitter link). Barring any last-minute complications, a formal announcement is expected soon.
Hornacek doesn’t fit the profile that would be expected of a Jackson coach. He’s not part of Jackson’s coaching lineage and he has never run the triangle. The hiring suggests that Jackson’s influence with owner James Dolan might be waning.
Hornacek comes to New York with a 101-112 career coaching record that he compiled in two and a half seasons in Phoenix. His only other coaching experience came in three years as an assistant in Utah. He had also talked to the Rockets about their head coaching position and was considered to be a candidate for the openings in Memphis and Orlando. ESPN’s Marc Stein reported this week that the Warriors had “strong interest” in hiring Hornacek as a lead assistant.
Celtics Extend Danny Ainge, Brad Stevens
Before the NBA offseason gets underway in earnest, the Celtics have given new contracts to two key members of their organization, announcing today in a press release that general manager Danny Ainge and head coach Brad Stevens have signed extensions. Terms of those new deals have not yet been disclosed.
“A major job of ownership is to find the right people to run the basketball side,” Celtics co-owner Wyc Grousbeck said in a statement. “We believe we have found them in Danny and Brad. Once you find your people, you need to support them in their efforts and create a work environment that enables them and the team to succeed. If all of that is in place, the topic of extending contracts becomes an easy one, because everybody wants to keep moving forward together.”
Stevens, who took over as the Celtics’ head coach in 2013, has a losing record overall, but the team has made tremendous strides under his watch. After winning just 25 games in 2013/14, Boston won 40 and 48 in Stevens’ next two seasons, earning playoff berths in both years. Stevens’ contract with the Celtics was a six-year pact and wasn’t set to expire until 2019, so the team has made a very early decision to extend it, signalling how pleased the franchise is with its coach.
“Brad has demonstrated the ability to get the very best out of his players,” Grousbeck said. “A number of guys have had career years playing for him: Isaiah Thomas and Jae Crowder, for example. And our young players have been developing very nicely. [Stevens] is a natural leader and a very skilled, strategic coach who is the right man to coach the Celtics.”
As for Ainge, he has been the Celtics’ GM since 2003, so his latest extension doesn’t come as a surprise. As a result of Ainge’s maneuvering, Boston holds eight picks in this year’s draft – including the No. 3 overall selection from Brooklyn – and has an excess of picks lined up for future years as well.
Photo courtesy of USA Today Sports Images.
Wesley Johnson To Decline Option For 2016/17
Clippers swingman Wesley Johnson has elected not to exercise his player option for the 2016/17 campaign and he will hit the open market this offseason, Brad Turner of The Los Angeles Times reports (via Twitter). Johnson will join teammate Austin Rivers, who also elected to opt out, as an unrestricted free agent.
Johnson would have earned $1,227,286 next season had he chose to opt in, but with the salary cap set to increase to $92MM-$95MM he likely anticipates improving upon the figure via free agency. Team president and coach Doc Rivers has said that he wants to re-sign as many of the Clippers’ free agents as possible, and Johnson noted that he would prefer to remain in Los Angeles, Turner adds.
The 28-year-old appeared in 80 games for the Clippers in 2015/16, averaging 6.9 points, 3.1 rebounds and 0.6 assists in 20.8 minutes per outing to accompany a slash line of .404/.333/.652.
Austin Rivers To Opt Out Of Deal
In a move that was widely expected, Clippers guard Austin Rivers has elected not to exercise his player option for the 2016/17 campaign and he will hit the open market as an unrestricted free agent this offseason, Marc J. Spears of The Undefeated reports (on Twitter). The combo guard was set to earn $3,344,106 next season, but with the cap set to increase significantly, Rivers obviously believes he can improve upon that figure.
The 23-year-old made 67 appearances for Los Angeles this past season, averaging 8.9 points, 1.9 rebounds and 1.5 assists in 21.9 minutes per outing to accompany a shooting line of .438/.335/.681. Rivers, the No. 10 overall pick in the 2012 NBA Draft, has career averages of 7.4 points, 1.9 rebounds and 2.0 assists through 273 contests.
Team president and coach, Doc Rivers, who is Austin’s father, has said that he wants to re-sign as many of the Clippers’ free agents as possible, which ostensibly includes the younger Rivers. Los Angeles doesn’t have much in the way of cap flexibility this summer, having nearly $77MM in salary already on the books against a projected cap in the range of $92MM-$95MM for 2016/17. Austin is represented by ASM Sports, whom he hired last July. He was previously represented by Relativity Sports, who negotiated Rivers’ two-year deal for nearly $6.455MM last July.
Rockets Hire Mike D’Antoni As Head Coach
JUNE 1, 2:10pm: The Rockets formally introduced D’Antoni as their head coach at a news conference this afternoon, and confirmed his hiring in a press release. As Calvin Watkins of ESPN tweets, the team introduced Jeff Bzdelik and Roy Rogers as assistant coaches on D’Antoni’s staff.
MAY 26, 4:54pm: The deal will pay D’Antoni approximately $4MM per season, Wojnarowski writes in a full-length piece.
4:22pm: The Rockets and Mike D’Antoni are finalizing a agreement that will make him the team’s new head coach, Adrian Wojnarowski of the Vertical reports (Twitter links). It will be a four-year pact that includes a team option for the final season, Wojnarowski adds. Houston is the only team remaining in the NBA with a head coaching vacancy.
The 65-year-old has an overall record of 455-426 in the regular season as a head coach and was named as the 2004/05 Coach of the Year. With D’Antoni’s forte clearly on the offensive end, the team is looking to bring in a strong defensive coach and is eyeing Memphis assistant Jeff Bzdelik and former Wizards assistant Roy Rogers, Wojnarowski relays (Twitter links).
The addition of D’Antoni likely spells the end of center Dwight Howard‘s tenure in Houston, with the big man widely expected to opt out of his deal and become an unrestricted free agent this offseason. The two reportedly did not get on well when both were with the Lakers and its unlikely Howard would want a repeat of their spotty history, though that is merely my speculation.
The Rockets also met with former Suns coach Jeff Hornacek, who is reportedly close to joining the Knicks, former Cavaliers coach David Blatt, Clippers assistant Sam Cassell and Rockets assistant Chris Finch. Former Pacers coach Frank Vogel and Spurs assistant Ettore Messina are also part of the process, with Messina having interviewed with the team last Saturday. Former interim coach J.B. Bickerstaff and former Rockets guard Kenny Smith were also interviewed, but Bickerstaff withdrew from consideration and Smith was told he was no longer a candidate as the Rockets decided to focus on coaches with either head coaching experience or extensive experience as an assistant. Jeff Van Gundy was also mentioned as a candidate, but he and the team never formally spoke about the post.
Grizzlies Hire David Fizdale As Head Coach
SUNDAY, 2:06pm: The hiring is official, the Grizzlies announced today.
THURSDAY, 12:06pm: The Grizzlies and David Fizdale have reached an agreement on a contract that will make the Heat assistant the new head coach in Memphis, reports Adrian Wojnarowski of The Vertical (Twitter link). According to Wojnarowski, it will be a four-year deal for Fizdale. Ronald Tillery of The Memphis Commercial Appeal adds (via Twitter) that the fourth year will be a team option.
Fizdale, who turns 42 next month, has been a part of the Heat’s coaching staff since 2008, with the club earning two NBA Championship teams during his tenure. Fizdale previously served as an assistant coach for the Warriors (2003/04) and the Hawks (2004-2008).
The Grizzlies had been seeking a replacement for former coach Dave Joerger, who was fired after requesting permission to interview for other coaching jobs. The Kings hired him last week, giving him a four-year deal worth $16MM, leaving Memphis to scour the market for a new head coach.
In addition to Fizdale, the Grizzlies considered several other candidates for their head coaching vacancy, including Spurs assistants James Borrego and Ettore Messina, Hornets assistant Patrick Ewing, Grizzlies assistant Jeff Bzdelik and Trail Blazers assistant Nate Tibbetts.
The club also conducted at least one interview with Frank Vogel, who spoke to team owner Robert Pera, before he accepted the head coaching job in Orlando. Outside of Vogel, Fizdale is believed to be the only candidate who had an interview with Pera in attendance.
Wojnarowski first reported on Wednesday that Memphis had offered its head coaching position to Fizdale.
The Rockets are now the NBA’s only head team whose head coaching search is ongoing.
Wolves Announce Multiple Front Office Changes
The Timberwolves are under new management in Tom Thibodeau and Scott Layden. As is often the case with new regimes, they wish to bring in their own people to surround themselves with. In keeping with that theme, the team has announced via press release that a number of front office personnel have been let go from their respective positions. The franchise did not name any replacements in its official statement:
“Effective immediately, the following individuals will be relieved of their respective duties: previous General Manager Milt Newton, Vice President of Basketball Operations Rob Babcock, Vice President of Sports Performance Arnie Kander, assistant coach Sid Lowe, Director of Sports Performance Koichi Sato, Manager of Team Travel/Facilities Coordinator Bill Hohenecker, Head of Video Department and Manager of Basketball Technology Brice Long and Scouts Milton Barnes and Jason Hervey. We Would like to thank all of these individuals for their contributions to our organization and wish them well in their future endeavors.”
Team owner Glen Taylor had stated back in March that Newton would be in charge of the draft and free agency for the team this summer, but that was well in advance of Thibodeau being hired. Newton wasn’t assured of holding onto his post beyond this season anyway, after he inherited the role this past fall upon the death of president of basketball operations Flip Saunders. One potential landing spot for Newton is in Washington, where he had previously served as vice president of player personnel for the Wizards, Darren Wolfson of 1500 ESPN tweets.
Magic Hire Frank Vogel
FRIDAY, 4:15pm: The hiring of Vogel is official, the team announced via press release. “While we were conducting our search, it became very evident that Frank is a terrific fit for our organization,” said Hennigan. “He is a strong, hard-working and experienced leader, who will continue to instill smart, physical, unselfish and defensive-minded basketball in our group. We welcome him into the Magic family, as we move forward in a positive direction.”
5:03pm: Orlando hopes to retain Griffin as the top assistant on Vogel’s staff, Wojnarowski tweets.
4:54pm: Vogel will receive a four-year deal worth approximately $22MM, David Aldridge of NBA.com reports (Twitter link).
THURSDAY, 2:53pm: The Magic have reached an agreement in principal with Frank Vogel that will make him their new head coach, Josh Robbins of The Orlando Sentinel reports (on Twitter). The length and terms of the proposed arrangement are not yet known. Adrian Wojnarowski of The Vertical reported earlier today that the two sides were nearing an agreement.
Orlando was scrambling to recover from former coach Scott Skiles‘ sudden resignation and were said to be targeting a coach with a track record of developing young players and who was a strong defensive coach. “Sort of the fulcrum of what we’re looking for,” GM Rob Hennigan said, “is someone who puts an emphasis on the defensive end of the floor, someone who puts an emphasis on player development and also someone who puts an emphasis on building lasting connections with the players on our roster.” The GM didn’t specifically say that description fit Vogel, but the coach certainly did well developing a young Indiana squad into an Eastern Conference contender during his time with the Pacers.
The Pacers went 250-181 in parts of six seasons under Vogel, who inherited the head coaching job, his first in the NBA, when the Pacers parted ways with Jim O’Brien in January of 2011. That record doesn’t include his postseason mark of 31-30, with Indiana making back-to-back conference finals under Vogel in 2013 and 2014.
Orlando also interviewed former Rockets interim coach J.B. Bickerstaff, Trail Blazers assistant David Vanterpool and current Magic assistant Adrian Griffin. Griffin was reportedly Vogel’s stiffest competition for the post, with the assistant speaking formally with team officials on Tuesday. The team is reportedly extremely fond of Griffin, but the front office was intrigued by Vogel’s résumé and the fact that he is an established NBA head coach, a claim that Griffin cannot make. Griffin has been considered a prime head coaching candidate around the NBA for the last few years, reportedly interviewing with the Blazers in 2012, the Pistons and twice with the Sixers in 2013, and the Jazz twice as well as the Cavs in 2014.