Mavs Waive John Jenkins
MONDAY, 9:50am: The move is official, the team announced via press release.
8:51pm: Mavs coach Rick Carlisle confirmed the team has made the move, Earl K. Sneed of Mavs.com tweets.
SUNDAY, 8:29pm: The Mavs will waive John Jenkins on Monday to make room for the signing of David Lee, Eddie Sefko of the Dallas Morning News reports.
Jenkins, a shooting guard, will be released because the Mavs have a surplus of guards, according to Sefko. Jenkins has made 21 appearances, but was on the inactive list in three of the last five games, as Sefko points out. He is averaging 3.3 points and 9.2 minutes per game.
Jenkins performed well in the preseason for the Mavs, but he couldn’t make much of a dent in their rotation once the season started. The Mavs signed Jenkins to a three-year deal this past offseason with only the first season guaranteed. Jenkins’ salary for this season is $981,349. Jenkins, 24, a former first round pick, struggled for playing time in each of his three years in Atlanta, never averaging more than the 14.8 minutes per game he saw as a rookie in 2012/13.
Nets Waive Bargnani In Apparent Buyout Deal
The Nets have waived Andrea Bargnani, the team announced via press release. The sides were in buyout talks, as Marc Stein of ESPN.com reported earlier today, so it would seem the former No. 1 overall pick has agreed to give back part of his salary. Bargnani signed a two-year, minimum salary contract this past summer that was to give him $1,362,897 this season with a player option worth $1,551,659 for next year.
The sides have appeared headed for a buyout for the past few days, with Adrian Wojnarowski of The Vertical on Yahoo Sports reporting this week that a buyout was almost certain to happen if the Nets didn’t trade Bargnani by Thursday’s deadline. The 30-year-old Bargnani’s 6.6 points and 13.8 minutes per game are career lows by a wide margin, though he recorded a season-high 25 minutes in an 18-point performance against the Pistons less than three weeks ago, on February 1st.
He’ll be postseason-eligible for any team he might sign with if he clears waivers. He’s also a candidate for a waiver claim, since all 29 teams are eligible to snag him, as Bobby Marks of The Vertical on Yahoo Sports points out (on Twitter).
Bucks Plan To Sign Novak, Likely Waive Copeland
The Bucks plan to sign Steve Novak on Sunday or Monday once he clears waivers, according to Marc Stein of ESPN.com. Earlier today, it was reported that the Bucks were the front-runners to sign the 32-year-old. Milwaukee will likely waive Chris Copeland to create a roster spot for him, Brian Windhorst of ESPN.com reports via Twitter.
Novak, who played his college ball at Marquette University, agreed to a buyout with the Nuggets on Friday after the team acquired him in the Randy Foye trade. Prior to the trade, Novak saw action in seven games for the Thunder, averaging just 3.4 minutes per game.
Copeland signed a $1.1MM deal with the Bucks last offseason, but hasn’t seen the court much during his time in Milwaukee. The 31-year-old is averaging 2.1 points and 0.5 assists in 6.5 minutes per game this season. He is sporting a career low 5.6 player efficiency rating.
Clippers Sign Alex Stepheson To 10-Day Deal
SATURDAY, 3:25pm: The signing is official, according to the team’s Twitter feed.
THURSDAY, 3:49pm: The Clippers plan to sign Alex Stepheson to a 10-day contract, league sources tell Shams Charania of The Vertical on Yahoo Sports (Twitter link). Stepheson, the D-League’s leading rebounder, was with the Grizzlies in training camp this past fall but didn’t make the opening night roster.
Stepheson has appeared in 31 contests this season for the Iowa Energy, Memphis’ D-League affiliate, notching averages of 15.9 points, 13.9 rebounds and 1.1 assists in 34.2 minutes per night. His shooting line is .579/.000/.486.
The 28-year old will help provide frontcourt depth with Blake Griffin out indefinitely, though it remains unclear how much he will be needed after Los Angeles reportedly added Jeff Green via trade earlier today.
Suns Sign Phil Pressey To 10-Day Pact
1:20pm: The deal is official, the Suns announced (Twitter link). It’ll cover four games, against the Spurs, Clippers, Nets and Grizzlies. The first game, against San Antonio, isn’t until Sunday, and the Suns have a game on March 1st, the day after the contract expires, against the Hornets, so it’s somewhat surprising that Phoenix didn’t wait one more day to sign him.
9:47am: The Suns intend to ink free agent Phil Pressey to a 10-day deal, Marc J. Spears of The Vertical on Yahoo Sports reports (on Twitter). Phoenix has an available roster spot after Jordan McRae‘s second 10-day deal with the team ended on Friday. Teams can only ink players to a maximum of two 10-day contracts per season, so the Suns would have had to sign McRae for the remainder of the season if they wished to retain his services.
Pressey was with the Sixers early this season as their 16 man via the hardship provision. He appeared in 14 games and averaged 3.9 points and 3.3 assists in 12.1 minutes. The point guard became expendable in December when Philadelphia recalled Tony Wroten and Kendall Marshall from the D-League after the duo had recovered from injuries, leading to Pressey’s release.
After the Sixers cut him loose, Pressey rejoined the Idaho Stampede, Utah’s D-League affiliate. The 25-year-old appeared in 25 contests for Idaho, averaging 13.0 points, 4.4 rebounds and 6.4 assists in 33.9 minutes per outing. His slash line in the D-League this season is .440/.333/.724.
Hornets Sign Jorge Gutierrez To 10-Day Pact
SATURDAY, 12:03pm: The signing is official, the team announced.
FRIDAY, 7:37pm: The Hornets intend to sign free agent point guard Jorge Gutierrez to a 10-day deal, Chris Reichert of Upside & Motor relays (on Twitter). Charlotte currently has a vacant roster spot with only 14 players under contract, so no corresponding move will be required to add Gutierrez. He will act as the team’s third point guard, Reichert notes.
The 27-year-old was in training camp with the Bucks earlier this season but failed to secure a regular season roster slot. Gutierrez dished out 11 assists against only three turnovers in approximately 47 minutes of preseason action, notching a total of 12 points along the way, but it wasn’t enough for him to stick with the team. The playmaker has appeared in a total of 35 NBA contests in his career, owning averages of 3.3 points, 1.3 rebounds and 1.5 assists to accompany a slash line of .495/.200/.720.
Gutierrez has appeared in 22 games this season for the Canton Charge, the Cavs’ D-League affiliate, and he’s averaging 11.3 points, 4.2 rebounds and 5.7 assists in 27.8 minutes per outing. His shooting line is .431/.205/.844.
Celtics Waive David Lee, Mavs Poised To Sign
SATURDAY, 10:17am: The Mavs are expected to sign Lee via the room exception once he clears waivers, Charania tweets.
4:20pm: The two sides agreed to a buyout and Lee is expected to sign with a new team once he clears waivers, Adam Himmelsbach of The Boston Globe tweets.
FRIDAY, 4:18pm: The Celtics have officially waived power forward David Lee, the team announced. The veteran was reportedly set to work out a buyout arrangement with the team, which is presumably the case, though no mention of an agreement was made, nor how much salary Lee gave up to facilitate his release. The Mavericks are the frontrunners to sign Lee once he clears waivers, Shams Charania of The Vertical on Yahoo Sports tweets. Lee clearing waivers is a virtual certainty since no team currently has the free cap space to absorb his $15.5MM salary. Chris Forsberg of ESPN.com reported buyout talks between the two parties.
Boston attempted to find a taker for Lee prior to Thursday’s trade deadline, but the power forward reportedly had “no value” around the league, even though his expiring deal presented an opportunity for cap relief this summer to any team acquiring him. “Everything doesn’t always work out the way you want it to,” Lee said. “I’m just disappointed from the fact that I wanted to come here and make a major impact. And that didn’t happen for one reason or another. The last two places I had been before I may have been able to make that impact. It is what it is.”
Lee had also relayed that he had no animosity toward the Celtics over his lack of playing time. “I’ve kind of seen the writing on the wall with what’s going on the last month,” Lee continued. “But once again, this is a business. We all know that. I want to be in a place where I’m successful and where I’m wanted. The Celtics are a great group of people here. I have absolutely zero negative things to say about my coaching staff and teammates, who, obviously as you know, I get along well with. So we’ll just see how things develop over the next 24 or 48 hours here, but it’s looking like something’s most likely going to happen [with the buyout].”
Lee, who has not played since January 10th, has appeared in 30 games for Boston this season and is averaging 7.1 points, 4.3 rebounds and 1.8 assists in 15.7 minutes of action per contest.
Nuggets Waive J.J. Hickson, Steve Novak
5:42pm: Both players have officially been waived, the team announced via press release.
4:39pm: The Nuggets have waived Steve Novak and J.J. Hickson, Shams Charania of The Vertical on Yahoo Sports reports (Twitter links). A formal announcement from the team has yet to take place. Novak is earning $3,750,001 for 2015/16 and Hickson is scheduled to make $5,613,500, amounts that the Nuggets will be on the hook for less any salary the players may have given up in buyout arrangements. Both players’ deals expire at the end of this season, so they won’t have any impact on next season’s cap number for Denver. These moves leave the Nuggets with a roster count of 13 players, two under the regular season maximum.
The 32-year-old Novak appeared in only seven games for the Thunder this season before the Thursday trade that shipped him to the Nuggets. His career numbers through 10 NBA seasons are 4.7 points and 1.3 rebounds to accompany a slash line of .438/.432/.876. He’s reportedly a candidate to join the Cavaliers assuming he clears waivers, according to a report by Chris Haynes of The Northeast Ohio Media Group.
Denver was reportedly shopping Hickson leading up to Thursday’s trade deadline but found no takers. Hickson and the Nuggets had subsequently agreed to work out a buyout arrangement prior to the March 1st cutoff date for players to be postseason-eligible for their new teams, as Marc Stein of ESPN.com relayed. Hickson has appeared in just three games since December 8th. He averaged 7.9 points and 4.8 rebounds in 17.2 minutes per game across 17 appearances this season prior to that date.
Pelicans Waive Jarnell Stokes
The Pelicans have waived the freshly acquired Jarnell Stokes to make room on the roster for their new contract with Bryce Dejean-Jones, the team announced via press release. Stokes had just come via trade from the Heat on Thursday, though Scott Kushner of The New Orleans Advocate reported then that the Pelicans were thinking about releasing him. New Orleans also received cash in the deal for Stokes, which totals a little more than $700K, according to Marc Stein of ESPN.com, and Kushner indicates that will go toward funding the partial guarantee for next season in the Dejean-Jones deal (Twitter link).
The Pelicans are also going to pay the remainder of Stokes’ guaranteed salary of $845,059 for this season if he clears waivers, which would come to about $273K, according to Bobby Marks of The Vertical on Yahoo Sports (on Twitter). His contract carries a non-guaranteed minimum salary of $980,431 for next season.
Stokes, 22, is only about a year and a half removed from having become the 35th pick in the 2014 draft. However, he’s made it into only 26 NBA games, fewer than the 39 D-League contests he’s played while on assignment from the Grizzlies and Heat. The power forward is averaging 20.6 points and 10.2 rebounds in 30.9 minutes per game across 16 D-League appearances this season.
New Orleans still has 15 players on its roster in the wake of the Stokes release and the Dejean-Jones signing. All 15 are signed through at least the end of the season.
Pelicans Sign Dejean-Jones To Three-Year Deal
FRIDAY, 10:06am: The signing is official, the team announced via press release. The move, coupled with the waiver of Jarnell Stokes, gives New Orleans 15 players.
THURSDAY, 8:09pm: The Pelicans are finalizing a multiyear arrangement with free agent shooting guard Bryce Dejean-Jones, Shams Charania of The Vertical on Yahoo Sports reports (via Twitter). It will be a three-year deal that includes a partial guarantee for next season, Charania notes. This implies that Dejean-Jones’ salary for 2017/18 will be non-guaranteed. Scott Kushner of The New Orleans Advocate was the first to relay that New Orleans was in line to ink Dejean-Jones.
The second 10-day deal that Dejean-Jones signed with the Pelicans expired last week, leaving New Orleans no other option but to sign him for the remainder of the season if it wished to retain him, given that teams are only permitted to sign players to two 10-day contracts per season. The Lakers, Grizzlies, Jazz, Spurs and Suns also reportedly checked in on Dejean-Jones, though it is unclear if any of those teams made him a formal contract offer.
Dejean-Jones is averaging 6.3 points and 3.5 rebounds in 19.9 minutes per game this season, having made 10 of his 26 3-point attempts. New Orleans had originally signed him in August to a deal for training camp that included a $50K partial guarantee for this season, but Dejean-Jones didn’t make the opening night roster. He appeared in nine games for Utah’s D-League affiliate before the Pelicans signed him in January to the first of his 10-day pacts.
New Orleans is using its mid-level exception to accommodate the deal, since the team is over the cap and thus otherwise limited to handing out contracts of no more than two years in length. It’ll be the fourth contract, and the second for Dejean-Jones, that the Pelicans will have crammed into their mid-level. The others are Dante Cunningham‘s three-year, $8.395MM deal, Alonzo Gee‘s two-year, $2.699MM pact, and Dejean-Jones’ preseason contract.