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Traded Player Exceptions Created In Deadline Deals

February 9th, 2018 at 12:39pm CST by Luke Adams

Before NBA teams started reaching trade agreements on Thursday, we published the latest entry in our Hoops Rumors Glossary, focusing on the traded player exception. As we explain in our breakdown, the traded player exception can allow over-the-cap teams to receive more salary than they send out in “simultaneous” trades.

The more common form of traded player exception is the one generated in a “non-simultaneous” trade, when a team send out a single player and takes back less salary – or none at all – in return. The team then has one calendar year to use that newly-created exception to acquire one or more players whose salaries fit into that exception.

For instance, the Raptors created a $11,800,000 trade exception in last July’s DeMarre Carroll trade with the Nets, meaning that on Thursday they could have acquired a player earning, say, $11MM without sending out any salary in return.

Not many teams took advantage of their outstanding trade exceptions on Thursday, but at least a couple teams appear to have completed trades with previously existing trade exceptions, or with disabled player exceptions. Nearly every trade completed on Thursday also generated at least one new trade exception, so we’ll round up those newly-created TPEs below.

With the help of tweets from cap experts Albert Nahmad and Bobby Marks, along with information from RealGM’s official transactions log, here’s a breakdown of the new TPEs, sorted by value. Not all of these exceptions have been confirmed with 100% certainty, but this is what we believe they’ll look like. These TPEs will expire if they’re not used by February 8, 2019:

Our list of outstanding traded player exceptions has been updated, and will be adjusted if necessary once we’re able to confirm all the TPEs listed above.

If you have any corrections or questions, please let us know in the comment section.

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Cavs Acquire Rodney Hood, George Hill In Three-Team Trade

February 8th, 2018 at 7:57pm CST by Luke Adams

7:57pm: The trade is official, according to press releases from the Jazz and Cavaliers. The terms of the deal are as follows:"<strong

1:41pm: ESPN’s Brian Windhorst adds more details on this complex three-team deal, tweeting that the Kings will receive $2.1MM from the Cavs and $1.1MM from the Jazz. Utah will have the option of swapping second-round picks in 2024 with the Cavs. Cleveland also acquired the draft rights to Arturas Gudaitis from the Kings and surrendered the draft rights to Dimitrios Agravanis.

12:03pm: A busy day in Cleveland continues, as the Cavaliers have agreed to acquire Rodney Hood from the Jazz in a three-team trade, according to ESPN’s Adrian Wojnarowski (Twitter links). The Cavs will also receive George Hill from Sacramento in the deal, with the Jazz acquiring Jae Crowder and Derrick Rose.

The Kings will get Joe Johnson and Iman Shumpert, per Woj (Twitter link). TNT’s David Aldridge tweets that Sacramento will also acquire a future draft pick and cash considerations, with Sam Amick of USA Today providing some details (via Twitter), reporting that the pick will be Miami’s 2020 second-rounder from Cleveland. The Kings will also get a little over $3MM in cash, Amick adds.

The move, which comes on the heels of the Cavs reaching a deal with the Lakers for Jordan Clarkson and Larry Nance Jr., further reshapes a Cleveland roster that will look a whole lot different by the end of the day than it did at the start of it.

By surrendering Crowder, Rose, and Shumpert in exchange for Hood and Hill, the Cavaliers will take on about $4MM in extra salary, and far more than that in projected tax payments. However, the cost of the deal may be worth it for the on-court impact, as Crowder, Rose, and Shumpert have all underperformed and/or battled injuries this season.

Hood will give the Cavs a young, perimeter scorer who has fought through some injuries of his own, but has enjoyed a career year when he’s been on the court. In 39 games, the 25-year-old has averaged 16.8 PPG on .424/.389/.876 shooting. As for Hill, the veteran point guard has struggled mightily in Sacramento this season, but has historically been a good shooter (.454/.384/.800 career shooting line) and a solid defender. His ability to play off the ball should make him a good fit to play alongside LeBron James.

Hood will be a restricted free agent this summer, while Hill remains under contract for two more years beyond this one. He’ll earn $19MM in 2018/19, and has a $18MM salary in 2019/20 that only features a very small partial guarantee.

From Utah’s perspective, the trade will allow them to get out from under Johnson’s $10.5MM salary — the veteran forward was viewed as a buyout candidate if he had remained on the roster through the deadline, and will likely remain a buyout candidate in Sacramento. The Jazz had to give up Hood as part of the deal, but he had been mentioned frequently in trade rumors in recent weeks and no longer appeared to be part of the club’s long-term plans.

In exchange, Utah will acquire Crowder, who has a reputation as a solid three-and-D wing on a team-friendly contract despite his struggles this season, and Rose, who may not be in the team’s plans. Shams Charania of Yahoo Sports tweets that the Jazz will likely release Rose.

As for the Kings, they’ll get out from under Hill’s expensive multiyear deal, acquiring Johnson’s expiring contract as well as Shumpert, who has a $10.3MM+ player option for next season. The deal creates nearly $9MM in 2018/19 cap flexibility for the Kings, and also nets them that aforementioned 2020 pick and some cash. Sacramento had committed to playing its young players over its veterans down the stretch this season, so Hill’s playing time had been sporadic.

Photo courtesy of USA Today Sports Images.

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Warriors, Celtics Considered Favorites For Joe Johnson

February 8th, 2018 at 2:37pm CST by Arthur Hill

The Warriors and Celtics will be the favorites to sign Joe Johnson if he receives a buyout from the Kings, tweets Chris Mannix of Yahoo Sports. Johnson, who was acquired from the Jazz in a three-team trade this afternoon, is expected to ask for a buyout and Mannix believes Sacramento will grant him one.

Johnson is making a little more than $10.5MM in the final season of a two-year contract. With about a third of the season remaining, it will be interesting to see how much money he is willing to give up to join a contender. This is a familiar position for Johnson, who agreed to a buyout with the Nets two years ago and signed with the Heat for a playoff run.

Either Boston or Golden State would have to open up room for the roster before signing Johnson. The Celtics are at 14 players right now, but are expected to sign free agent center Greg Monroe before tonight’s game.

Johnson missed part of the season with a wrist injury, but has averaged 7.3 points and 3.3 rebounds in 32 games. He offers both versatility and playoff experience and will receive plenty of offers once the buyout is complete.

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Trade Deadline Notes: Evans, Hill, Hood, Mavericks

February 7th, 2018 at 11:28pm CST by Arthur Hill

One of the most important deadlines on the NBA calendar is less than 24 hours away, and teams are preparing their best offers as we head for 2:00pm Central. We’ll find out soon if any more franchise-altering moves are in store for this season, but in the meantime here are some Wednesday night trade rumors:

  • The Celtics remain in the running for Grizzlies guard Tyreke Evans, but there’s a sense that Memphis is getting better offers elsewhere, according to Steve Bulpett of The Boston Herald. A GM from another team tells Bulpett that Boston is waiting to swoop in if talks with those other clubs fall apart. Evans’ value figures to have increased after Lou Williams agreed to an extension with the Clippers today, taking one high-scoring guard off the market.
  • Multiple teams have shown interest in George Hill, but the Kings don’t want to take on bad contracts, reports Jason Jones of The Sacramento Bee. The Cavaliers have been the team most prominently linked to the veteran guard, but Jones says the Rockets and others have contacted Sacramento about Hill. Houston could match salaries with Ryan Anderson, but he is owed more than $41MM over the next two seasons and the Kings want to avoid cutting into their future cap space. They are seeking young players and draft picks in return for Hill.
  • Teams have also called the Kings about veterans Garrett Temple, Vince Carter and Kosta Koufos, Jones adds in the same story. Both Temple ($8MM) and Koufos ($8.74MM) have player options for next season, while the 41-year-old Carter is on an expiring deal.
  • Jazz swingman Rodney Hood told Shams Charania of The Vertical that he expects to be traded. “I’ve had great times in Utah, but regardless of where I’m playing, whether it’s there or somewhere else, I’m going to stay professional,” Hood said. “I’m going to stick with it. My gut feeling is that I won’t be here by the deadline. I’ve enjoyed my time here, but I’ve felt isolated the past month and I would not be surprised if I was moved.” 
  • The Mavericks are being offered players by teams trying to unload salary, but they aren’t getting enough incentives to make the deals worthwhile, according to Eddie Sefko of The Dallas Morning News. Sefko lists Jordan Clarkson and Julius Randle of the Lakers and J.R. Smith of the Cavaliers as players who would be available if Dallas doesn’t mind committing the cap space.
  • The Knicks may be in the market for more deals after sending Willy Hernangomez to the Hornets, writes Adam Zagoria of SNY.tv. Kyle O’Quinn and Courtney Lee are the most likely players to be moved.
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Nuggets, Jazz Discuss Wilson Chandler, Joe Johnson Deal

February 7th, 2018 at 8:57pm CST by Arthur Hill

Exploratory trade talks between the Nuggets and Jazz have focused on a swap of Wilson Chandler and Joe Johnson, tweets Michael Scotto of The Athletic.

Chandler, 30, remains an important part of Denver’s rotation, although his scoring average and shooting percentages have dropped sharply. He is contributing 8.8 points per night while shooting .414 from the field and .322 from 3-point range, down from 15.7/.461/.337 a year ago. He is making a little more than $12MM this season and has a $12.8MM player option for next year.

Johnson, 36, is averaging 7.3 points in 31 games for Utah, while shooting .422 from the field and .272 from long distance. He had a $10.5MM salary this season on an expiring deal.

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Trade Rumors: Chriss, Knicks, Belinelli, Hood

February 7th, 2018 at 1:46pm CST by Luke Adams

Over at USA Today, Sam Amick and Jeff Zillgitt broke down trade deadline goals for each of the NBA’s 30 teams. While the duo’s round-up mentioned several players already known to be trade candidates, Amick and Zillgitt also identified a few new names.

Kings center Georgios Papagiannis, Timberwolves guard Jamal Crawford, and Nuggets big man Darrell Arthur are among the players who could be available this week, per Amick and Zillgitt. The duo also suggested that a handful of teams are open for business on nearly all of their players. The Hawks are willing to discuss anyone except John Collins; the Mavericks would talk about anyone besides Dirk Nowitzki, Dennis Smith Jr., and Harrison Barnes; and the only players off the table for the Thunder are Russell Westbrook, Paul George, Carmelo Anthony, and Steven Adams.

Here are a few more trade rumors from around the NBA:

  • The Suns appear to be exploring deals involving second-year big man Marquese Chriss, according to Steve Kyler of Basketball Insiders, who tweets that the Lakers are one of a few teams involved. However, John Gambadoro of Arizona Sports 98.7, who is well-connected in Phoenix, tweets that those rumors are “totally false,” suggesting that the club hasn’t discussed deals involving Chriss. Scott Bordow of The Arizona Republic also gets involved, tweeting that the Suns would only consider parting with Chriss in a deal for an established player like Kemba Walker.
  • Having sending Willy Hernangomez to Charlotte, the Knicks continue to take calls about Kyle O’Quinn and Courtney Lee, and are still trying to trade Joakim Noah, says ESPN’s Ian Begley.
  • The Jazz aren’t one of the teams in the mix for veteran guard Marco Belinelli, tweets Tony Jones of The Salt Lake Tribune. According to Michael Cunningham of The Atlanta Journal-Constitution (Twitter link), Belinelli isn’t making the trip to Orlando with the Hawks, as the team continues to mull its trade options.
  • As many as 15 teams have called the Jazz to inquire about trade candidate Rodney Hood, tweets Tony Jones.
  • In an in-depth look at where things stand for the Kings, James Ham of NBC Sports California says the club doesn’t want to take on a bad contract that runs past 2018/19 or impact its young core led by De’Aaron Fox and Bogdan Bogdanovic.
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Forbes Releases 2018 NBA Franchise Valuations

February 7th, 2018 at 10:02am CST by Luke Adams

The Knicks are still reeling from Tuesday’s news that Kristaps Porzingis has suffered a torn ACL and will be sidelined for the rest of the season. While Porzingis’ injury essentially eliminates the Knicks from the playoff race in the East, team ownership can at least find some solace in the fact that the organization remains the highest-valued franchise in the NBA, according to a report from Kurt Badenhausen of Forbes.

For the first time, all 30 NBA teams have a perceived worth of $1 billion or more, per Forbes’ annual report. In 2017, 18 teams had a valuation exceeding $1 billion, which was up from 13 teams in 2016 and just three teams in 2015.

The league-wide average of $1.65 billion per team is also a record, with franchise valuations up 22% in total over last year’s figures. NBA franchise values have tripled over the last five years, according to Badenhausen.

Here’s the full list of NBA franchise valuations, per Forbes:

  1. New York Knicks: $3.6 billion
  2. Los Angeles Lakers: $3.3 billion
  3. Golden State Warriors: $3.1 billion
  4. Chicago Bulls: $2.6 billion
  5. Boston Celtics: $2.5 billion
  6. Brooklyn Nets: $2.3 billion
  7. Houston Rockets: $2.2 billion
  8. Los Angeles Clippers: $2.15 billion
  9. Dallas Mavericks: $1.9 billion
  10. Miami Heat: $1.7 billion
  11. San Antonio Spurs: $1.55 billion
  12. Toronto Raptors: $1.4 billion
  13. Sacramento Kings: $1.375 billion
  14. Washington Wizards: $1.35 billion
  15. Cleveland Cavaliers: $1.325 billion
  16. Portland Trail Blazers: $1.3 billion
  17. Phoenix Suns: $1.28 billion
  18. Oklahoma City Thunder: $1.25 billion
  19. Orlando Magic: $1.225 billion
  20. Utah Jazz: $1.2 billion
  21. Philadelphia 76ers: $1.18 billion
  22. Indiana Pacers: $1.175 billion
  23. Atlanta Hawks: $1.15 billion
  24. Denver Nuggets: $1.125 billion
  25. Detroit Pistons: $1.1 billion
  26. Milwaukee Bucks: $1.075 billion
  27. Minnesota Timberwolves: $1.06 billion
  28. Charlotte Hornets: $1.05 billion
  29. Memphis Grizzlies: $1.025 billion
  30. New Orleans Pelicans: $1 billion

For comparison’s sake, Forbes’ 2017 valuations can be found right here.

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Joe Ingles Untouchable? Does Recent Success Change Deadline Strategy?

February 6th, 2018 at 5:56pm CST by Austin Kent
  • Another thing from the Fischer piece is that he says the Jazz consider Joe Ingles untouchable. We documented earlier that Donovan Mitchell and Rudy Gobert aren’t for sale but this is the first time that that the 30-year-old Aussie has come up as off limits.
  • The Jazz, winners of six straight, are playing well enough of late to beg the question; should they make a move at all? Tony Jones of The Salt Lake Tribune writes that Derrick Favors is one well-documented possible trade chip who’s played a major role in Utah returning to their winning ways.
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Thunder, Bulls, Others Eyeing Rodney Hood

February 5th, 2018 at 1:56pm CST by Luke Adams

The Thunder, Bulls, and Pistons are among the teams showing interest in Jazz guard Rodney Hood as Thursday’s trade deadline nears, according to Tony Jones of The Salt Lake Tribune. League sources tell Jones that the Nuggets and Magic have also displayed “at least a passing interest” in Hood.

The Jazz have reportedly been exploring the trade market for Hood for at least the last few weeks, and Jones suggests the team is seeking “an asset” in return. While a first-round pick would be ideal, Utah may need to take on a bad contract in order to land a draft pick of that caliber, and it’s not clear whether the club is willing to do that, says Jones.

Hood, 26, is having the best offensive season of his career in 2017/18, averaging 16.4 PPG and shooting 38.7% on three-point attempts — both marks are career highs. However, he has once again been limited by injuries, a recurring issue throughout his NBA career. A fourth-year guard, Hood has only played more than 59 games in a season once so far.

As for Hood’s potential suitors, it’s no surprise that the Thunder, Bulls, and Pistons would have some interest, as all three teams could use another young shooter. However, Oklahoma City’s trade assets are limited, and Vince Ellis of The Detroit Free Press tweets that Detroit’s interest in Hood was stronger before the Blake Griffin trade. With Griffin’s long-term salary on their books, Ellis notes, the Pistons are less inclined to explore a swap of Stanley Johnson for Hood, since Johnson’s affordable rookie contract runs through 2019, while Hood will get expensive in restricted free agency this summer.

Meanwhile, Alec Burks is also generating some trade interest around the NBA, according to Jones. However, Jones cautions that Burks’ contract, which pays him $11.5MM in 2018/19, is limiting his appeal to some extent.

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Favors Isn't Distracted By Trade Talk

February 4th, 2018 at 9:00am CST by Arthur Hill
  • Jazz forward Derrick Favors hasn’t been distracted by hearing his name in trade rumors, relays Tony Jones of The Salt Lake Tribune. Favors has been playing well, averaging 12.3 points and 7.2 rebounds per night, but he is headed for free agency and Utah may want to get some value now rather than risk losing him for nothing. “I’ve just cleared my mind, and now I’m having a lot more fun,” Favors said. “I’m playing. I’m not worried about scoring, or about minutes. I’m just going out there and hooping. So just playing basketball and not worrying about other stuff, that’s helped me a lot.”
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