Jazz To Keep Ian Clark
The Jazz will guarantee the 2014/15 contract of second year shooting guard Ian Clark, reports Jody Genessy of the Deseret News. GM Dennis Lindsey indicated earlier today that the team would address the contract situation of the Belmont product, who signed a two-year deal with the Jazz last July that wasn’t guaranteed for the upcoming season. Aaron Falk of the Salt Lake Tribune confirms Genessy’s report (via Twitter). Clark’s salary was set to become fully guaranteed for $816,482 if he wasn’t waived by the end of today, as shown in our schedule of contract guarantee dates.
The Bill Duffy client played in 23 games for the Jazz in his rookie season, averaging three points in 7.5 minutes per game. Clark shuttled between Utah and the D-League for much of the year, where he averaged 12.4 points and 5.6 assists in eight games for the Bakersfield Jam. While he’s only 23, Clark’s minutes figure to remain limited with the Jazz due to a crowded backcourt that already includes Dante Exum, Trey Burke, Gordon Hayward and Alec Burks.
As Genessy reminds us, the Jazz now have 13 players on guaranteed deals entering this season and speculates that they could add one more. In addition to adding Exum and Rodney Hood in the draft, Utah has traded for Steve Novak and signed Trevor Booker this summer. Their most significant move, of course, was retaining highly sought after Hayward, who was a restricted free agent.
Western Notes: Grizz, Pleiss, Clark, Kings
Grizzlies owner Robert Pera indicated that the decision to keep Chris Wallace in charge of the team’s basketball operations had to do with more than just on-court matters, as Pera said today before assembled media, including The Associated Press.
“When you are looking at this team in Memphis, I think you’ve for to look at the general manager in two respects,” Pera said. “One is the basketball performance. The other I’ve learned with Memphis the past couple of years is this idea of community involvement. And everybody loves Chris in Memphis. He is a special person for the Memphis community.”
Here is what else is going on out West:
- The Thunder made an attempt this summer to bring seven foot German Tibor Pleiss, a 2010 draft-and-stash selection, to the NBA this season but the price of the buyout was ultimately prohibitive, reports Adrian Wojnarowski of Yahoo! Sports. Oklahoma City will again try to bring the 31st selection of the 2010 draft to the states for the 2015/16 season, a possibility Woj calls “likely”, but the big man will play for FC Barcelona this year. (Twitter links)
- Making his weekly radio appearance, Jazz GM Dennis Lindsey said that the team has a few things to take care of before deciding on the contract of shooting guard Ian Clark, tweets Jody Genessy of the Deseret News. Clark played 23 games in Utah as a rookie last season after signing a two-year deal with the Jazz last July. His salary for the upcoming season is not guaranteed.
- After years of frustration, construction finally began Friday on the Kings new arena in Sacramento, writes Dale Kasler of the Sacramento Bee. The agreement on the arena site, facilitated by new owner Vivek Ranadive, was a critical factor in the NBA rejecting the franchise’s relocation to Seattle. The $477MM structure is scheduled to be ready for the 2016/17 season.
- Back in Sacramento this week, Suns guard Isaiah Thomas provided plenty of juicy quotes to Blake Ellington of Sactown Royalty, indicating that he knew he probably wouldn’t be returning to the Kings when he saw his former team had inked fellow point guard Darren Collison. “When they did that, I knew I wasn’t coming back,” Thomas said. “If you bring in somebody, a draft pick or somebody that’s just not better than me I feel like it is disrespectful. When they picked Darren Collison, I felt like it was time for me to move on.”
Chuck Myron contributed to this post.
Western Rumors: Jokic, Grizzlies, Jazz, Kings
It doesn’t sound like the Nuggets intend to sign 41st overall pick Nikola Jokic this year, as Chris Dempsey of The Denver Post writes amid his mailbag column that the center from Serbia won’t be on the roster come fall. Here’s a rundown of the Western Conference, including some more notes out of Denver:
- In another response, Dempsey predicts that the Nuggets will make the playoffs this season, but speculates that a failure to do so will result in a “gut-job” on the roster from the front office.
- The Denver Post scribe would expect JaVale McGee to be on the trading block for 2015/16, when he will be on an expiring contract, if the Nuggets center doesn’t stay healthy and play well this year.
- The Grizzlies have retooled their coaching and development staff with a group of promotions and hires, installing Jeff Bzdelik, Jason March, Drew Graham and John Townsend as assistant coach, assistant coach/advanced scout, head trainer, and director of player development, respectively, according to a team release.
- Aaron Falk of The Salt Lake Tribune looks at the plethora of rookie extension decisions facing the Jazz, who have six lottery picks on their roster, in the coming years.
- The Kings final court victory regarding their new arena will be appealed, but a team spokeswoman tells Dale Kasler of The Sacramento Bee that Sacramento will move forward with construction.
Chuck Myron contributed to this post.
Poll: Which Rebuild Will Pay Off First?
We are well acclimated to claims of “rebuilding” being met with charges of “tanking” when teams aggressively clear veteran salary and acquire assets while plummeting to the bottom of the standings. However you view teams that go into win-later mode, the reality is that many franchises are convinced that the method is the best bet to build a long-term winner.
I’ve summarized the moves for each team that won 25 games or fewer last season. This excludes the Lakers and Kings, teams in the Western Conference with recent records and expectations that typify a rebuild, but front offices using the free agent and trade markets to gain older, more expensive talent in ways that defy a standard rebuild.
- Orlando: The Magic began the offseason by trading away their best veteran piece in Arron Afflalo, the kind of move typical for a team doubling down on rebuilding efforts. However, they have since added veteran free agents Channing Frye, Ben Gordon, and Luke Ridnour, all of whom could be more productive as starters then their younger positional counterparts in Orlando. The Magic also added lottery picks in point guard Elfrid Payton and power forward Aaron Gordon to their young core of Victor Oladipo, Nikola Vucevic, and Tobias Harris. Orlando owns all of its future first-round draft picks, and is owed many second rounders in the next few years. Head coach Jacque Vaughn is the longest tenured among these teams, entering just his third season on the bench.
- Milwaukee: The new Bucks owners are resigned to a rebuild that will take years to complete, but the team didn’t arrive in this position by design. Milwaukee followed up a playoff berth in 2013 with moves meant to maintain competitiveness, but injuries and poor performance sunk them last season. However, Giannis Antetokounmpo, selected outside of the lottery by the Bucks last year, has proven to be a talent more in line with the top tier of the draft. They added phenom Jabari Parker with this year’s No. 2 pick, as well as head coach Jason Kidd after his unceremonious departure from Brooklyn. The first year of Larry Sanders‘ four-year, $44MM contract kicks in this season, and the team is also locked into pricey contracts with Ersan Ilyasova, O.J. Mayo, and Zaza Pachulia for at least the next two seasons. The Bucks have made modest backcourt additions in Jerryd Bayless and Kendall Marshall this offseason. Milwaukee owns all of its future first-round draft picks, and is owed many second rounders in the next few years.
- Philadelphia: Largely viewed as the most calculated tanker in the league, the Sixers haven’t done much to sway that notion this summer, including putting up resistance to a proposed rules change that would decrease the odds that the very worst teams land the No. 1 draft pick. Philadelphia is still below the salary floor for 2014/15, and has yet to sign a free agent despite having a roster that many view as heavy on D-League talent and light on true NBA-caliber players. A year after acquiring Nerlens Noel in a draft-night trade, GM Sam Hinkie drafted two players that the team doesn’t count on seeing on the court this season in Joel Embiid and Dario Saric. The team made a shrewd deal in acquiring Saric, regaining control of its first-round pick in the 2017 draft from the Magic, who received Payton, the Sixers original No. 10 pick. Michael Carter-Williams just won rookie of the year, but Thaddeus Young could still be moved to facilitate a Kevin Love trade and gain Philadelphia even more assets. Brett Brown had little to smile about in his first year as a head coach outside of the team’s surprise 3-0 start, but is a believer in the team’s intentional process. The Sixers will owe their 2015 first-round pick to the Celtics if it falls outside the top 14–a seeming impossibility–but otherwise will convey two second-round picks to Boston, of which they have an abundance.
- Boston: Celtics GM Danny Ainge has preached patience, but there have been plenty of rumblings about his eagerness to jumpstart Boston’s rebuilding efforts with a blockbuster deal, the loudest of which surround Kevin Love. So far, Ainge has been forced to stay the course, with a modest free agency period (Bayless and Kris Humpries leaving, Evan Turner arriving, Avery Bradley remaining) bolstered by the additions of No. 6 pick Marcus Smart and No. 17 selection James Young. The team also took on more salary burdens in deals for Marcus Thornton and Tyler Zeller that netted them more future assets. The team is on track to free up cap room in 2015 and 2016, and Rajon Rondo‘s free agency next summer will play a crucial part in where the team is headed, and how fast. Brad Stevens is another sophomore coach that signed up expecting a long-term process requiring patience. The Celtics own all of their first-round picks, and will receive up to six extra first rounders from other teams through 2018.
- Utah: The Jazz retained Gordon Hayward this summer, and the 24-year-old projects to be the team’s oldest starter. Utah drafted point guard Dante Exum to play alongside Trey Burke and Alec Burks in a young, developing backcourt. The team let Marvin Williams leave as a free agent, and brought in veteran forwards in Steve Novak and Trevor Booker via the trade and free agent market, respectively. The Jazz let former twin towers Paul Millsap and Al Jefferson walk as free agents prior to the 2013/14 season to make way for their young frontcourt pieces in Derrick Favors and Enes Kanter, who have showed promise but have yet to excel as a post tandem. The team hired new coach Quin Snyder from the Spurs coaching tree, and will hope the rookie coach can bring some of the San Antonio magic to Salt Lake City. The Jazz own all of their picks moving forward, and are owed one first rounder and seven second rounders through 2018.
Which team do you think is closest to seeing the fruits of their rebuild? A team like the Magic would appear to be moving forward more aggressively than the ultra-methodical Sixers, but an impatient shortcut to team improvement could end up stalling a team’s ultimate resurgence. Meanwhile, a team like Boston appears more likely to turn their assets into star players, but until they do, there is less to be excited about from their developing roster than some of the other clubs.
Weigh in with your vote, and state your case in the comments.
Western Notes: Bledsoe, Jazz, Barton, Scott
Eric Bledsoe made his first public comments regarding his free agency status to Fox TV Birmingham, saying he feels the Suns are “using rules against me” (hat tip to Jude LaCava of Fox 10 Phoenix, Twitter link), Bledsoe’s remark further indicates a seemingly sour feeling between the two camps. Here’s a look at the latest from all three of the Western Conference’s divisions:
- The Jazz are set to hire Patrick Beilein to work as an assistant coach on Quin Snyder‘s staff, reveals Adrian Wojnarowski of Yahoo! Sports. Beilein is the son of University of Michigan head coach John Beilein.
- Will Barton‘s $900K deal with the Blazers is now fully guaranteed, reports Chris Haynes of CSNNW.com. Portland had until July 25th to waive Barton without being on the hook for his entire salary but chose to keep the combo guard on their roster.
- Jabari Davis of Basketball Insiders recaps the path that the Lakers took en route to negotiating terms with Byron Scott on a head coaching gig. Davis also examines how Scott’s coaching style might mesh with the current state of Los Angeles’ roster.
- While former Mavs forward Shawn Marion would like to secure a deal with a team for the upcoming season, he doesn’t want to force the issue and land in an undesirable situation, passes along Eddie Sefko of the Dallas Morning News. “If I see something really comfortable, then I’ll do it,” Marion told Sefko. “Right now, I’m just staying with my [newborn] son and relaxing. It’s only July, man. We got two more months. We’ll just wait and see how it works out.”
How The Cavs/Jazz Trade Worked Financially
It seemed from the moment that news of Tuesday’s trade between the Cavs and Jazz surfaced, the deal was somehow more significant than a swap involving four backups normally would be. The Cavs reportedly see some value in John Lucas III, Malcolm Thomas and Erik Murphy as players rather than simply as non-guaranteed contracts, but an earlier report indicated the team had been looking for non-guaranteed deals specifically to strengthen its bid for Kevin Love. The trio doesn’t represent an overwhelming step toward Love, but the move gives the Cavs more options they can present to the Wolves, which might make the difference as Minnesota president of basketball operations Flip Saunders sorts through several competing packages.
A key part of the trade involves a separate transaction. The Cavs struck a deal that same evening with No. 33 overall pick Joe Harris worth precisely $2,710,369 for three years, including a guaranteed $884,879, according to Mark Deeks of ShamSports. That it runs three years indicates that the Cavs need to use cap space to complete the transaction, since neither the minimum-salary exception nor the room exception, the two vehicles other than cap space the Cavs have for signing free agents, allows for contracts longer than two seasons.
The Cavs have yet to officially announce their deal with Harris, but that doesn’t necessarily mean they haven’t officially signed him. Sometimes teams never make official announcements when they sign draft picks, for any number of possible reasons. The Bulls never announced having signed 2008 No. 1 overall pick Derrick Rose to his rookie scale contract, as Deeks pointed out earlier this month (on Twitter). The RealGM transactions log shows the Harris signing as having taken place, and the presence of his salary figures on Deeks’ database is further indication that the Harris signing is official. That means the signing had to have taken place prior to the trade, which the Cavs did officially announce, since Cleveland wouldn’t have had the cap room necessary to sign Harris to his deal had they executed the trade first.
The Cavs entered Tuesday evening with $56,030,677 in salary and a cap hold of $4,592,200 for Andrew Wiggins, who remains unsigned. That left them with $2,442,123 worth of space beneath the $63.065MM cap. The Harris signing brought that room down to $1,557,244. The Cavs, as the NBA allows them to do, then appeared to split the Jazz trade into two parts. The first involves taking on Lucas’ $1.6MM salary and Murphy’s $816,482 salary in exchange for Felix’s $816,482 salary. Murphy and Felix essentially cancel each other out, so it amounts to an absorption of the $1.6MM Lucas salary, putting the Cavs over the cap by $42,756. The NBA lets teams complete trades that take them as much as $100K above the salary cap without conforming to salary-matching rules, so the Lucas salary just barely squeezes in under this requirement.
That move puts Cleveland over the cap, leaving the Cavs to execute the rest of the trade, a simple acquisition of Malcolm Thomas, using the salary-matching rules required of a capped-out team. The incoming $948,163 salary of Thomas is obviously greater than nothing, which is what Utah is getting in this side of the deal, but fortunately for Cleveland, players on minimum-salary contracts don’t count as incoming salary in the NBA’s matching game. Thomas makes the minimum, so the trade is kosher.
The Jazz needn’t worry about splitting the transaction or dealing with any salary-matching requirements, since they were well under the cap before the trade and are even further beneath it in the aftermath of the deal. The Cavs must continue to deal with the ripple effects of having landed over the cap. By all appearances, that bars them from aggregating Thomas in a subsequent trade for two months. While the Cavs can trade Thomas by himself, no trade limitation applies to either Lucas or Murphy, since Cleveland acquired them while under the cap. Cleveland nonetheless appears ready to sign Wiggins, triggering a 30-day waiting period before he can be traded, and since the Wolves are insistent that Wiggins be a part of any deal for Love, it doesn’t appear as though Cleveland is in any position to rush to make a Love trade official.
All of this hinges on the Harris signing truly having already taken place, as all indications suggest. If it weren’t official, it’s possible the Cavs could have structured the trade differently with the intent of later opening up the cap room necessary to formalize the Harris signing. Still, it appears as though deft management of timing gave Cleveland the opportunity to sign its second-rounder to a three-year deal, which is significantly more valuable to the team than a two-year contract would be, as I explained last year. The Cavs did so while still acquiring non-guaranteed contracts that they can flip, sooner or later. Utah receives some more cap space, as well as Felix, ostensibly the player with the most upside in this transaction, having been picked 33rd overall just a year ago. Time will tell if it was indeed a trade that helped both teams, but the deal has the makings of being just that.
And-Ones: Salary Cap, Huestis, Allen, Hornets
Executives from teams around the league believe the NBA will attempt to prevent any sharp jump in the salary cap from one year to the next when heightened TV revenues come in by gradually increasing the cap, Grantland’s Zach Lowe reports. The union would have to consent to any such effort, Lowe tweets. Some teams project that the cap will be as much as 30% higher two years from now, as Lowe adds in his full piece.
Let’s take a look at what else is brewing around the league on Wednesday night:
- Josh Huestis should accept the required tender the Thunder are obligated to make to retain his draft rights rather than follow through on a promise to sign instead in the D-League, as Mark Deeks of ShamSports argues in a piece for Hoop365.com.
- Ray Allen, currently vacationing in China, told a Chinese news outlet that he will return home on Thursday to get MRIs on both of his legs before making a decision about the 2014/15 season, tweets Brian Windhorst of ESPN.com, who adds that multiple teams are interested.
- Hornets head coach Steve Clifford indicated that he’d like to add some depth at center behind Al Jefferson and Bismack Biyombo, reports Rick Bonnell of the Charlotte Observer. Bonnell adds that such an addition would likely be a veteran on a minimum salary deal (Twitter links).
- After a number of years in the lottery, the Jazz have assembled the type of young and promising core that should make them a threat in the near future, opines Alex Kennedy of Basketball Insiders.
Chuck Myron contributed to the post.
Western Notes: Clips, Jazz, Withey, Buycks, Mavs
Steve Ballmer’s $2 billion bid for the Clippers equals more than 12 times the total revenue projections for the team from 2013/14, but no major pro sports team has ever sold for more than five times of its total revenue, according to Bank of America. Ramona Shelburne and Darren Rovell of ESPN.com have the details, which back up the contention of Clippers CEO Dick Parsons that it would be tough to envision another bidder coming in so high.
- The Jazz received $1.3MM in cash Tuesday as part of their three-for-one trade with the Cavs, reports Eric Pincus of Basketball Insiders (Twitter link). That’s slightly more than the $1MM that was originally reported.
- Jeff Withey‘s minimum salary became fully guaranteed for this coming season after the Pelicans declined to waive him before the end of Tuesday, the final day they could do so without owing him any money, according to Mark Deeks of ShamSports. Teammate Luke Babbitt also earned a $100K partial guarantee when the Pelicans kept him past Tuesday, which was also the final day his contract had been fully non-guaranteed.
- Dwight Buycks is drawing the eye of the Clippers and Suns, and multiple teams from overseas are interested in him as well, Sportando’s Enea Trapani reports. The Raptors waived Buycks on Saturday, before his contract would have become fully guaranteed.
- The Mavs are nearing a deal with Jameer Nelson, but owner Mark Cuban insisted to Tim MacMahon of ESPNDallas.com that the team isn’t trying to unload Raymond Felton. “We like him and think he will have a great year,” Cuban said.
- Cuban also made an appearance on Sportsradio 1310 The Ticket in Dallas this week, during which he explained that the Mavericks strategically used the ultra-logical approach of the Rockets‘ front office to put together an offer for Chandler Parsons that was unlikely to be matched (link via The Dallas Morning News).
Cavs Acquire Three In Swap With Jazz
7:21pm: The Cavaliers have officially announced the deal, per a team press release.
7:16pm: Out of the three players heading to Cleveland, Minnesota actually had some interest in Murphy after he was waived by the Bulls last season, tweets Jerry Zgoda of the Star Tribune.
7:03pm: The pick that Utah will receive in the deal will be a 2015 second rounder from Cleveland, tweets Aaron Falk of the Salt Lake Tribune.
6:21pm: According to one Cavs source, Cleveland likes Lucas, Thomas, and Murphy and doesn’t necessarily view them as stepping stones to a bigger deal, tweets Jason Lloyd of the Akron Beacon Journal.
6:00pm: The Jazz are expected to trade the non-guaranteed contracts of John Lucas III, Malcolm Thomas, and Erik Murphy to the Cavaliers for Carrick Felix, a future second rounder, and $1MM, a source tells Adrian Wojnarowski of Yahoo Sports. Felix’s contract is guaranteed for $816K in 2014/15, whereas Lucas III, Thomas, and Murphy combined for roughly $3.3MM in non-guaranteed deals for the upcoming season. Wojnarowski adds that Cleveland had been looking to make this type of deal recently in order to help facilitate a trade for Timberwolves star Kevin Love (Twitter links).
Minnesota has been determined to unload Kevin Martin and J.J. Barea in a deal involving Love, says Wojnarowski, who also notes that the Cavs would have to find a third team in order to make it work. Nonetheless, whether Lucas, Thomas, and Murphy’s contracts are used to bring the former UCLA big man to Ohio or are included in a separate trade, this deal at the very least has given Cleveland some “buying power” (Twitter links).
Contract Details: Collison, Young, Hinrich
The difference between Darren Collison‘s first year salary and the $5.305MM mid-level exception is precisely equivalent to the rookie minimum salary, as Eric Pincus of Basketball Insiders points out (on Twitter). That allows the Kings to use that remaining portion of their mid-level to sign a rookie for three or four years rather than just the two that the minimum-salary exception would allow. Here’s a round up of the latest contract details to come to light this evening..
- Nick Young will make $4,994,420 this season and $21.3MM over the course of his four-year contract with Lakers, according to Pincus (on Twitter). Swaggy P’s new deal with the Lakers became official earlier today.
- Kirk Hinrich‘s new deal with the Bulls includes a 15% trade kicker, Pincus tweets. In 73 games (61 starts) last season for the Bulls, Hinrich averaged 9.1 PPG and 3.9 APG in 29 minutes per contest. Hinrich has put up a 10.8 PER over the last two seasons, a far cry from the 17.0 PER he put up in his best season for the Bulls (2006-07).
- The third and final year of Kris Humphries‘ contract with the Wizards is non-guaranteed, tweets Pincus. It was previously unclear whether that third year was non-guaranteed or simply a team option.
- Marc Stein of ESPN.com (on Twitter) has the goods on Ryan Kelly‘s two-year deal with the Lakers. Kelly will earn $1.65MM in 2014/15 and ~$1.72MM in 2015/16.
- Trevor Booker‘s deal with the Jazz has just $250K guaranteed in year two, Pincus tweets. It was previously reported that the second season on Booker’s deal was not fully guaranteed.
Chuck Myron contributed to this post.