Raptors, Jonas Valanciunas Deep In Extension Talks
THURSDAY, 9:16am: The sides are still working, and while there has been some optimism they’ll strike a deal today, that remains to be seen, Grange tweets.
TUESDAY, 11:19am: The Raptors and Valanciunas are indeed close to deal, tweets Josh Lewenberg of TSN.ca, who suggests that it’s a distinct possibility a formal agreement will come this week. However, the timing remains a question mark, and it’s no guarantee the sides reach a deal this week, according to Michael Grange of Sportsnet (Twitter link).
4:23pm: The deal isn’t done, but the Raptors and Valanciunas are in advanced discussions toward a four-year extension that would be worth more than $60MM, Stein adds (on Twitter).
4:20pm: Marc Stein of ESPN.com confirms that Valanciunas on his way to Toronto “to firm up” an extension with the Raptors (Twitter link). It remains unclear whether the sides have an agreement quite yet, however.
MONDAY, 3:53pm: Jonas Valanciunas has left the Lithuanian national team to return to Toronto, where the Raptors have an extension offer waiting for him, Lithuanian national team coach Jonas Kazlauskas said, as Donatas Urbonas of 24Sek.lt writes and as Kevin Rashidi of Canada.com translates and confirms (Twitter link). He’ll undergo a physical, but Kazlauskas indicated the center would sign the deal.
The Raptors have reportedly wanted extensions with both Valanciunas and fellow former lottery pick Terrence Ross in advance of this year’s November 2nd deadline. GM Masai Ujiri this past spring called Valanciunas “a huge part of our team” for the future, and while the development of the 7-footer seemed to plateau this past season, the Raptors apparently placed the blame for that on their assistant coaches.
An extension for Valanciunas would kick in for the 2016/17 season, when the salary cap is projected to hit $89MM. The Raptors are set to enter that season with only about $45.5MM on the books, though that doesn’t include any money for Valanciunas, Ross, or DeMar DeRozan, who can opt out next summer.
Nikola Vucevic, a center who struggles defensively, as Valanciunas does, but who had put up greater offensive numbers, signed a four-year, $48MM extension with the Magic last year. Still, the rising cap prompted me to project, when I examined the extension candidacy of Valanciunas last week, that the Raptors would give the Leon Rose client $13-14MM a year.
Do you think the Raptors and Valanciunas should wait until the extension deadline in the fall, when other deals could help set the market, or are they smart to try to wrap up a deal now? Leave a comment to let us know.
Wizards To Sign Jaleel Roberts
The Wizards will sign undrafted center Jaleel Roberts, Shams Charania of RealGM reports (via Twitter). The exact length and terms of the deal are unknown, but Charania notes that it is a non-guaranteed pact. Roberts had worked out for Washington prior to this year’s NBA Draft.
The addition of Roberts will give Washington a roster count of 16 players, and with 15 of those contracts being fully guaranteed, the 22-year-old will be a longshot to make the regular season roster. Working in Roberts’ favor is the Wizards’ lack of depth at the pivot, with the team having just Marcin Gortat, DeJuan Blair, and Nene available for minutes at center currently.
The seven-footer played for four seasons at UNC-Asheville, notching career averages of 4.1 points, 3.2 rebounds, and 1.4 blocks to accompany a slash line of .581/.000/.650.
Hawks Sign Jason Richardson
AUGUST 18TH, 7:10pm: The signing is official, the Hawks announced via a press release.
AUGUST 15TH, 4:42pm: The Hawks have agreed to a deal with unrestricted free agent Jason Richardson, Marc J. Spears of Yahoo! Sports reports (Twitter link). The veteran guard’s deal will be non-guaranteed, Spears adds.
Richardson, 34, appeared in 19 contests for the Sixers last season, averaging 9.1 points, 3.5 rebounds, and 2.0 assists in 21.9 minutes per games. His career numbers through 13 NBA campaigns are 17.1 PPG, 5.0 RPG, and 2.7 RPG to go along with a slash line of .438/.370/.707.
Atlanta currently has a roster count of 16 players, 13 of whom possess fully guaranteed pacts, and three whose deals include partial guarantees.
Nuggets Waive Joey Dorsey In Buyout Deal
1:12pm: Denver has waived Dorsey, the team announced via press release. He’s giving up $200K of his salary in the buyout, according to Eric Pincus of Basketball Insiders (Twitter links), who also indicates that the Nuggets waived their set-off rights as part of the arrangement. That means the Nuggets will have to pay Dorsey $815,241 if he clears waivers, regardless of the money he makes playing elsewhere the rest of this season.
10:49am: The Nuggets and Joey Dorsey have agreed to a buyout deal that will facilitate his departure for Turkey’s Galatasaray, reports Christopher Dempsey of The Denver Post (Twitter link). Dorsey, whom Denver will waive as part of the arrangement, has already signed a deal worth more than $650K with Galatasaray, as international journalist David Pick reported earlier this morning. The Nuggets had been set to pay him a guaranteed salary of more than $1.015MM for this season. It’s unclear how much of that Dorsey has agreed to forfeit.
Another NBA team could claim Dorsey off waivers and foil his plan to go overseas once the Nuggets release him, but that’s an unlikely outcome, since his salary is fully guaranteed. Dorsey, whom the Nuggets acquired from the Rockets in the Ty Lawson trade, averaged a career-high 12.4 minutes per game and made 17 starts, also a career best, for Houston last season, though injuries to Dwight Howard and others helped him to his place in the rotation. The Rockets were reportedly ready to trade him in December to free up a roster spot for Josh Smith, but Houston found no takers and released Tarik Black instead, a move that paved the way for Dorsey’s starts, all of which came after Smith replaced Black. The 31-year-old Dorsey was out of the mix by the playoffs, when he saw just 13 total postseason minutes.
Denver will have 14 fully guaranteed contracts once it formally sheds Dorsey. Erick Green has a $100K partial guarantee on his minimum salary, and conflicting reports shroud the future of Kostas Papanikolaou and his non-guaranteed salary of nearly $4.798MM. The Nuggets are limited to paying no more than the minimum salary to outside free agents after using the room exception to re-sign Darrell Arthur.
Grizzlies Sign Michael Holyfield For Camp
The Grizzlies have signed summer league center Michael Holyfield to a non-guaranteed contract, reports Eric Pincus of Basketball Insiders (Twitter link). Memphis hasn’t made a formal announcement, but it appears the move has indeed taken place. Pincus indicates that it’s a one-year, minimum salary arrangement that constitutes an Exhibit 9 contract, a deal that would provide Holyfield with only $6K if he were to get hurt while playing for the Grizzlies and the team were to waive him. Most contracts require teams to keep paying players while they recover from injuries.
Holyfield, who went undrafted out of Sam Houston State in June, split his time in summer league last month between the Grizzlies and Celtics, averaging 5.7 points and 3.7 rebounds in 12.6 minutes per game across six appearances total. The 6’11” 22-year-old, who turns 23 in November, put up 8.5 PPG and 8.1 RPG in just 17.9 MPG in college as a senior this past season, a stat line that highlights his efficient work on the boards.
Memphis had been carrying 14 fully guaranteed deals, plus JaMychal Green, whose minimum salary is partially guaranteed for $150K. Thus, Holyfield stands an outside chance to stick for the regular season, when the roster must shrink to no more than 15 players, but it seems more likely that he’ll end up with the Iowa Energy, the Grizzlies’ one-to-one D-League affiliate. NBA teams can retain the D-League rights to as many as four of the players they cut at the end of the preseason.
Cavs To Sign Jared Cunningham For Camp
MONDAY, 10:02am: The deal is non-guaranteed, according to Chris Haynes of Cleveland.com.
SUNDAY, 3:14pm: The Cavaliers have reached a deal with free agent Jared Cunningham, tweets Shams Charania of RealGM. The 6’4″ guard recently committed to join the team in camp, according to Charania. Cunningham would appear to stand a decent chance to remain on the roster come opening night, as the Cavs have deals with only 11 other players so far.
Cunningham appeared in 19 games with the Clippers last season, averaging 1.8 points and 0.5 assists in 4.7 minutes. He was traded to the Sixers on January 7th, but was waived the same day. Cunningham has also been with the Mavericks, Hawks and Kings in his three-year NBA career.
Cunningham was drafted by Cleveland with the 24th pick in 2012, but was shipped to Dallas in a draft-day deal. He was part of the Utah Jazz team during this year’s summer league.
Bucks Sign Marcus Landry
3:27pm: The signing is official, the team announced.
3:17pm: The Bucks have decided to sign former University of Wisconsin power forward Marcus Landry, sources tell Michael Scotto of SheridanHoops (Twitter link). The move had been expected, according to Gery Woelfel of The Journal Times, who reported this morning that the one-year NBA veteran was set to work out for Milwaukee today. That audition apparently went well, as Scotto indicates that Landry has put pen to paper, though the team has yet to make a formal announcement. It’s unclear just what sort of terms are involved in the pact, though with the Bucks already carrying 15 guaranteed deals, it’s likely a minimum salary deal with a partial guarantee, at best.
It’ll be the fifth time an NBA team will have brought Landry to training camp, though he only made the regular season roster once, on his first try in 2009. The Knicks had him that year and he appeared in 17 games, averaging 2.6 points in 6.4 minutes per contest, but they shipped him to the Celtics at the deadline in a trade involving Nate Robinson. The C’s released Landry after he made just one appearance for them, and while he’s signed with the Kings, Suns and Lakers since then, he’s yet to see another opening night.
The Milwaukee native has made his mark in Spain and in the D-League as a three-point sharpshooter, and that’s a skill that the Bucks could use. Damien Inglis and Johnny O’Bryant have less than $1MM coming their way this year despite fully guaranteed salaries, so perhaps they’d be the most vulnerable to be cut if Landry proves worthy of sticking for the regular season, though that’s just my speculation based on the costs involved. The addition of Landry seemingly makes it tougher to envision Jorge Gutierrez remaining with the team after camp, since his deal is non-guaranteed.
If they keep Landry, which of the Bucks do you think should go? Leave a comment to tell us.
Celtics Rumors: Sullinger, Iverson, Holmes, Smart
Rookie scale extension candidate Jared Sullinger has dropped a noticeable amount of weight in preparation for next season, according to A. Sherrod Blakely of CSNNE.com. The 6’9″ forward averaged 13.3 points and 7.6 rebounds per game last season, but he isn’t guaranteed playing time in the Celtics’ crowded frontcourt. He will have to compete with the newly acquired Amir Johnson and David Lee, along with holdovers Kelly Olynyk, Tyler Zeller and Jonas Jerebko. It was reported in March that if Sullinger receives an extension, it could come with a weight clause.
There’s more news out of Boston:
- Colton Iverson has officially signed with the Turkish team Pinar Karsiyaka, according to Emiliano Carchia of Sportando. The Colorado State product, whose rights were sent from Indiana to Boston in a 2013 draft-night trade, spent last season with Baskonia in Spain.
- The Celtics had interest in inviting Texas forward Jonathan Holmes to training camp, writes Gary Washburn of The Boston Globe. However, because Boston had a wealth of forwards and too many guaranteed contracts, Holmes decided to pursue other options. He landed a partially guaranteed deal with the Lakers.
- With about six weeks left until training camp, Marcus Smart is going through two-a-day exercises to try to rehab two dislocated fingers on his right hand, Washburn writes in the same piece. His agent says Smart is hoping to resume basketball activities within two weeks.
Thunder To Sign Dez Wells
The Thunder have reached an agreement on a contract with undrafted free agent Dez Wells, Shams Charania of RealGM reports (via Twitter). While the length and terms of the pact are not yet known, it is likely a training camp pact that may possibly include a small partial guarantee, though that is just my speculation.
The former Maryland guard had previously been extended a training camp invite by the Wizards, as well as by five other unnamed teams. He reportedly turned down Washington’s offer because they already possess 15 players on guaranteed pacts, and he wanted better odds at landing a regular season roster spot. Wells was reportedly open to signing with the Wizards if Garrett Temple was dealt to the Jazz and a roster spot opened up as a result. Oklahoma City also has 15 players on guaranteed deals, as our roster count for the team shows, so it’s curious what led Wells to choose the Thunder, seeing as his odds are equally long to stick once the regular season commences.
In 28 appearances during his senior season with the Terrapins, Wells averaged 15.1 points, 5.3 rebounds, and 2.8 assists to go along with a slash line of .464/.510/.806.
Mavs Sign JaVale McGee
The Mavericks have signed JaVale McGee, the team announced, as Earl K. Sneed of Mavs.com tweets. The team had initiated talks with the center last month, as Shams Charania of RealGM had reported, but it seemed like that door was closed when the Mavs signed Samuel Dalembert and others to bring themselves to 15 fully guaranteed deals. Dallas also had serious concerns about McGee’s health, according to Marc Stein of ESPN.com, but it appears as though the Mavs are willing to take a risk. The Mavs have been holding on to their $2.814MM room exception, but McGee will see only the minimum in his contract, which covers two years with a team option on the final season, Stein tweets.
The Wasserman Media Group client had reportedly rejected a similar offer from the Celtics late last season, preferring a player option instead. Boston and McGee had seemingly been close to a deal at that point, and plenty of rumors have surrounded the 27-year-old for the past several months as he’s lingered in free agency. The Sixers waived him shortly after acquiring him from the Nuggets at the trade deadline. Philadelphia did so even though McGee still had $12MM coming to him for this season, but the center’s deal with Dallas, which will pay him the seven-year veteran’s minimum of $1,270,964 this season, means the Sixers are eligible to withhold as much as $212,953 via set-off rights.
The Mavericks reportedly held strong interest in McGee this spring after talks with the Celtics fell through, and the Warriors, Raptors, Rockets and Heat were also apparently eyeing him, though reports conflicted on just how much Golden State wanted the former 18th overall pick. The Mavs eventually dropped out of the running, too, and while McGee later reportedly backed off his demand for a player option, no deal materialized until now. Reports indicated that the Celtics appeared ready to jump back in the mix after the end of this past season, the Kings set their sights on him in June, and the Clippers planned to talk with him in July, but it was the revived interest from the Mavs that ultimately lured the 7-footer.
McGee has played in only 28 games after suffering a stress fracture early in the 2013/14 season. He’s nonetheless another contender to start at center for the Mavs, whom DeAndre Jordan notoriously spurned after initially having agreed to sign with them. Dalembert and trade acquisition Zaza Pachulia also appear to be in the mix, with free agent signees Salah Mejri, Jarrid Famous and incumbent Dwight Powell also available at the position.
All the new faces leave the Mavs with only six players eligible for inclusion in a trade, notes former Nets executive Bobby Marks (Twitter link), and that’s troublesome, given that McGee is joining a roster that already featured 15 fully guaranteed salaries. Still, Dallas has shown a willingness to eat guaranteed money in the past, waiving Bernard James and Gal Mekel last fall despite their fully guaranteed salaries. Powell, Famous, Jamil Wilson and Brandon Ashley nonetheless face long odds to make it past the preseason, since their salaries aren’t fully guaranteed.
Do you think the McGee signing will work out for the Mavs? Leave a comment to tell us.