Washington Wizards Rumors | Hoops Rumors

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:

Utah Jazz: $3,708,883 (Joe Johnson to Kings)
Portland Trail Blazers: $3,505,233 (Noah Vonleh to Bulls)
Memphis Grizzlies: $3,028,410 (James Ennis to Pistons)
- Note: If the Grizzlies didn’t use their existing $3.4MM TPE to absorb Brice Johnson‘s salary, this TPE would instead be worth $1,697,250.
Toronto Raptors: $2,451,225 (Bruno Caboclo to Kings)
Utah Jazz: $2,386,864 (Rodney Hood to Cavs)
New Orleans Pelicans: $2,300,000 (Dante Cunningham to Nets)
Brooklyn Nets: $1,889,040 (Rashad Vaughn to Pelicans)
Cleveland Cavaliers: $1,471,382 (Dwyane Wade to Heat)
Detroit Pistons: $1,471,382 (Willie Reed to Bulls)
Los Angeles Lakers: $1,471,382 (Larry Nance to Cavs)
Chicago Bulls: $1,429,818 (Jameer Nelson to Pistons)
Detroit Pistons: $1,331,160 (Brice Johnson to Grizzlies)
Miami Heat: $1,312,611 (Okaro White to Hawks)
Washington Wizards: $1,312,611 (Sheldon Mac to Hawks)
Dallas Mavericks: $1,107,552 (Devin Harris to Nuggets)
- Note: This TPE is not listed by RealGM.

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.

Wizards Trade Sheldon Mac To Hawks

February 8th, 2018 at 4:38pm CST by Luke Adams

4:38pm: The trade is now official, according to press releases issued by both the Wizards and Hawks. The heavily-protected second-rounder acquired by Washington in the deal is a 2019 pick.

3:18pm: The Hawks sent the Wizards a heavily-protected second-round pick in the swap, tweets Michael Cunningham of The Atlanta Journal-Constitution. That pick likely won’t ever change hands, and was simply included because of the requirement that Washington receive something in the deal.

Cunningham adds that Atlanta plans to waive Mac.

3:08pm: The Wizards are sending guard Sheldon Mac to Atlanta in a deal with the Hawks, reports Shams Charania of Yahoo Sports (Twitter link). Atlanta will also receive cash in the trade, tweets Tim Bontemps of The Washington Post.

Mac, 25, spent his rookie season with the Wizards in 2016/17 and had a non-guaranteed salary for 2017/18. However, before Washington made a decision on whether to keep him on the regular season roster, Mac suffered a torn Achilles, essentially guaranteeing his salary for the year.

By moving Mac, the Wizards will reduce their projected luxury tax bill and will open up a spot on their 15-man roster in case they want to get involved in the buyout market. The Hawks, meanwhile, will likely receive enough cash in the deal from Washington to cover the remaining portion of Mac’s salary.

Details On Tyreke Evans Trade Offers

February 8th, 2018 at 3:39pm CST by Luke Adams

Tyreke Evans was considered one of the most players most likely to change teams by today’s NBA trade deadline, but when the dust settled, the standout guard remained in Memphis.

In the hour leading up to the deadline, we heard from ESPN’s Adrian Wojnarowski that the Grizzlies still hadn’t been able to secure a first-round pick in exchange for Evans, and were considering trying to re-sign him with their mid-level exception this summer if they couldn’t work out a deal.

So what did the offers for Evans look like? ESPN’s Zach Lowe and HoopsHype’s Alex Kennedy have some details….

The Nuggets gave the Grizzlies their choice of two offers, according to Lowe — one offer included Emmanuel Mudiay and a second-round pick, while the other featured an expiring contract and multiple second-round picks. However, Memphis was seeking more, and didn’t want to take on any 2018/19 salary, says Lowe (Twitter link).
The Wizards were in on Evans and likely would’ve parted with two second-round picks, but the Grizzlies once again made it clear they were looking for more, per Lowe (Twitter link).
As we noted earlier this afternoon, Kennedy passed along details on the Celtics‘ offer for Evans, tweeting that Boston offered two second-round picks and young big man Guerschon Yabusele.
Kennedy didn’t have specifics on the Sixers‘ offer for Evans, but said the Grizzlies asked for Dario Saric at one point during those talks (Twitter link). Philadelphia, understandably, wasn’t interested in surrendering the young forward for a rental.

Wizards Notes: Wall, Gortat, Beal, Satoransky

February 7th, 2018 at 11:47am CST by Luke Adams

While it has been overshadowed by the drama in Cleveland, there has seemed to be some uneasiness in Washington this season. After a team meeting earlier in the year, multiple Wizards players admitted that the meeting might have had a negative impact on the locker room, which is something we almost never hear.

Now, with John Wall sidelined for several weeks as he recovers from knee surgery, the star point guard appears to have felt slighted by the notion that his team might be moving the ball better without him in the lineup. Last week after a win in which the Wizards racked up 30 assists, Marcin Gortat tweeted that it was a great “team” victory. Wall addressed that comment during an appearance this week on SportsCenter, as Candace Buckner of The Washington Post details.

“I know I’m a team player. I average almost 10 assists a game,” Wall said. “I’m very prideful in finding my teammates and getting guys easy shots. Even more just shocking hearing it from him and understand he gets the most assists from me and gets the most spoon-fed baskets ever.”

As we attempt to determine how real the apparent tension in the Wizards’ locker room is, here’s more out of D.C.:

Responding to Wall’s appearances on SportsCenter and NBC Sports Washington – during which Wall said that “any guys [who] have a problem with me can talk to me face-to-face as a man” – Gortat insisted that neither his comment nor one made by Bradley Beal last week were intended to attack or frustrate the All-Star point guard. “I talked to him a few days ago,” Gortat said, per Buckner. “I thought we verified that. I told him that it was nothing personal and I definitely didn’t think about him when I was writing that or whatever I was saying. We never thought about attacking him and I thought we had this verified.”
Beal offered another defense of his his “everybody eats” comment from last week too, as Buckner details. “I keep telling everybody it’s not a shot at John,” Beal said. “I’m sure Gortat didn’t mean anything by his [tweet]. We understand — nobody is sitting here saying we’re a better team without John. That’s just nonsense. I’ll say it a thousand times if I have to. I’ll go on every media outlet if I have to to get that point across: we’re not a better team without John. I want to nip that in the bud ASAP. He’s a tremendous player. He’s our leader. We need him back but we want him to be 110% before that happens.”
Despite the Wizards’ impressive ball-movement numbers over the last few games, the idea that the team might be better without Wall is ridiculous, writes Tim Bontemps of The Washington Post.
Tomas Satoransky‘s play in Wall’s absence may have an impact on the Wizards’ trade deadline plans, says Chase Hughes of NBC Sports Washington. Hughes’ piece was published when Satoransky was averaging 11.0 PPG and 5.8 APG in place of Wall — in the two games since, those averages have dipped to a more pedestrian 5.5 PPG and 4.5 APG.
On Tuesday, we learned that the Wizards have engaged in some trade talks involving Gortat. That story is right here.

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:

New York Knicks: $3.6 billion
Los Angeles Lakers: $3.3 billion
Golden State Warriors: $3.1 billion
Chicago Bulls: $2.6 billion
Boston Celtics: $2.5 billion
Brooklyn Nets: $2.3 billion
Houston Rockets: $2.2 billion
Los Angeles Clippers: $2.15 billion
Dallas Mavericks: $1.9 billion
Miami Heat: $1.7 billion
San Antonio Spurs: $1.55 billion
Toronto Raptors: $1.4 billion
Sacramento Kings: $1.375 billion
Washington Wizards: $1.35 billion
Cleveland Cavaliers: $1.325 billion
Portland Trail Blazers: $1.3 billion
Phoenix Suns: $1.28 billion
Oklahoma City Thunder: $1.25 billion
Orlando Magic: $1.225 billion
Utah Jazz: $1.2 billion
Philadelphia 76ers: $1.18 billion
Indiana Pacers: $1.175 billion
Atlanta Hawks: $1.15 billion
Denver Nuggets: $1.125 billion
Detroit Pistons: $1.1 billion
Milwaukee Bucks: $1.075 billion
Minnesota Timberwolves: $1.06 billion
Charlotte Hornets: $1.05 billion
Memphis Grizzlies: $1.025 billion
New Orleans Pelicans: $1 billion

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

Wizards Engaged In Marcin Gortat Trade Talks

February 6th, 2018 at 12:17pm CST by Luke Adams

The Wizards have explored the possibility of moving their starting center, according to ESPN’s Brian Windhorst, who hears from multiple sources that the club has engaged in trade discussions involving Marcin Gortat.

Windhorst reports that several teams have shown interest in Gortat, adding that the Wizards are looking to improve their roster in the short term without taking on additional money in the long term.

Gortat, who will turn 34 later this month, has seen his role reduced a little this season, averaging 26.3 minutes per contest, his lowest mark since joining the Wizards in 2013. However, he has remained productive, recording 8.9 PPG and 8.0 RPG with a .537 FG% in 53 games (all starts) so far in 2017/18. The big man’s contract pays him about $12.78MM this season and $13.57MM in 2018/19 before expiring in the summer of ’19.

While Windhorst doesn’t specify any trade targets for the Wizards, his ESPN colleague Zach Lowe reported this week that Washington is one club that has looked into the possibility of acquiring DeAndre Jordan. A trade for the Clippers center is probably a long shot, but Gortat would be one logical outgoing piece in such a deal, given his position and his salary.

Lowe’s Latest: Cavs, Jordan, Magic, Nuggets, Sixers

February 6th, 2018 at 9:24am CST by Luke Adams

On Monday, we rounded up some of the highlights from a Lowe Post podcast featuring ESPN’s Zach Lowe and Adrian Wojnarowski. Late last night, Lowe published an extensive look at the trade market at ESPN.com, following up on some of the scuttlebutt he shared in that podcast. While there are a few repeated items with Lowe’s piece, he also has plenty of new notes for us as Thursday’s trade deadline approaches. Let’s dive in…

Lowe views Marc Gasol as a target that would make sense for the Cavaliers if they’re willing to trade the Nets’ 2018 first-rounder. However, he notes that the Grizzlies seem satisfied to stand pat, and the two teams haven’t discussed Gasol. Rival executives also say that the Cavs continue to act as if they won’t trade the Brooklyn pick.
Outside of the teams already known to have expressed interest in DeAndre Jordan – such as the Rockets, Bucks, and Trail Blazers – the Wizards are another club that has looked into the Clippers center, says Lowe. However, despite investigating the market for Jordan, Washington hasn’t gained any momentum toward a deal.
Every Magic player except for Aaron Gordon and Jonathan Isaac is “readily available,” sources tell Lowe. Most people around the league think that Elfrid Payton will be playing somewhere besides Orlando next season, Lowe adds.
As Lowe observes, Nuggets may not be able to afford Will Barton‘s next contract, but the team appears okay with holding onto him through the deadline and risking losing him for nothing this summer. Denver also remains on the lookout for point guards, having kicked the tires on Pacers backup Cory Joseph, per Lowe. However, potential targets like Joseph and Garrett Temple may not be viable due to the guaranteed 2018/19 money on their contracts.
The Sixers are approaching the trade deadline as buyers, but no longer have as many extra first-round draft picks as they’ve had in recent years, so they may only willing to dangle second-rounders, says Lowe.
According to Lowe, the Timberwolves have been very cautious about discussing the 2018 first-rounder they’ll get from the Thunder, since they recognize they’ll need cheap players to fill out the roster as Andrew Wiggins and Karl-Anthony Towns get very expensive.
The Warriors remain on the lookout for bench help — they inquired on Avery Bradley, but got nowhere, league sources tell Lowe.
The Heat don’t appear to have traction on any major deals, according to Lowe.

Scotto’s Latest: Pelicans, Gordon, Carroll, Nuggets

February 2nd, 2018 at 10:11am CST by Luke Adams

Before sending Omer Asik to Chicago, the Pelicans explored trading the veteran center to a number of other teams, according to Michael Scotto of The Athletic. League sources tells Scotto that the Hawks and Pelicans recently talked about a deal that would have sent Asik and a first-round pick to Atlanta in exchange for Marco Belinelli and Ersan Ilyasova.

The Mavericks discussed a deal that would have seen them take on both Asik and Alexis Ajinca – along with a first-round pick – in exchange for Wesley Matthews, but Dallas was hesitant to take on two undesirable multiyear contracts, says Scotto.

Additionally, the Pelicans proposed a pair of trades to the Lakers, according to Scotto, who reports that one would have sent Asik and a first-round pick to L.A. for Jordan Clarkson, while the other would have sent Ajinca and a second-round pick to the Lakers for Julius Randle. That second deal could technically still happen, but I can’t imagine it would appeal to the Lakers.

Scotto’s piece for The Athletic is jam-packed with more noteworthy trade rumors, so let’s dive in and round up some highlights…

The Magic‘s front office has “left no stone unturned” as the team explores potential trades. Scotto hears that the club has even quietly gauged trade interest in Aaron Gordon, who will be a restricted free agent this summer. I imagine Orlando would require a pretty overwhelming offer to seriously consider moving Gordon.
Several teams have expressed interest in Nets forward DeMarre Carroll, according to Scotto, who identifies the Heat as one of those teams.
As we heard on Thursday, the Bulls are still very much open for business. Robin Lopez is a trade candidate, but Chicago wants a first-round pick in a deal for the veteran center, per Scotto.
Scotto names Malik Beasley, Kenneth Faried, and Emmanuel Mudiay as trade candidates for the Nuggets, noting that the team could be a suitor for Jazz guard Rodney Hood.
Hood isn’t the only Jazz guard who could be available at the deadline — Scotto hears that Utah has also explored the trade market for Ricky Rubio.
Several teams are monitoring Pistons forward Stanley Johnson. Scotto notes that Johnson was one player the Magic coveted when they discussed deals with Detroit earlier in the season, and adds that the Spurs have interest too.
Speaking of the Spurs, they’re one of the teams – as are the division-rival Mavericks – that has expressed interest in Knicks center Willy Hernangomez.
The Wizards are keeping an eye on the trade market and buyout market for a backup point guard, writes Scotto.
Fourth-year forward Noah Vonleh has been shopped by the Trail Blazers, according to Scotto. In addition to keeping tabs on DeAndre Jordan, Portland is also interested in acquiring a small forward.
Executives around the NBA believe that Raptors swingman Norman Powell could be a trade candidate during the offseason due to the emergence of rookie OG Anunoby.

Latest On Greg Monroe

February 1st, 2018 at 4:20pm CST by Luke Adams

4:20pm: Monroe, whose buyout is now official, has spoken to both the Celtics and Pelicans and could make a decision within the next 24 hours, tweets John Gambadoro of Arizona Sports 98.7. If it comes down to those two teams, Monroe would have to weigh an increased role in New Orleans vs. a greater chance to win a title in Boston.

Scott Kushner of The Advocate tweeted earlier today that the acquisition of Mirotic won’t adversely affect New Orleans’ pursuit of Monroe.

11:06am: The Pelicans have gathered “significant momentum” in their pursuit of Monroe and intend to make an aggressive play for him, league sources tell Adrian Wojnarowski of ESPN. According to Wojnarowski, Pels head coach Alvin Gentry has already spoken to Monroe, who could decide on his next NBA home as soon as Friday or Saturday. Playing time will be a big factor in the veteran’s decision, Woj adds.

10:43am: The Suns and Greg Monroe reached a buyout agreement on Wednesday, according to multiple reports. However, Monroe has not yet been formally waived by Phoenix. Once he’s cut, he’ll spend two days on waivers before becoming eligible to sign with a new team, so no club with interest in the veteran center will be able to add him right away.

Still, the list of potential suitors for Monroe is growing longer. As we relayed in our initial report on Monroe’s buyout, the Celtics and Pelicans are viewed as two viable potential destinations for the big man, with the Thunder cited as a possible dark horse. TNT’s David Aldridge adds a couple more teams to that list today, tweeting that the Spurs and Wizards also have interest in Monroe.

While there are a number of teams trying to get into the mix, the buzz around the Pelicans continues to be the loudest. According to Chris Mannix of Yahoo Sports (Twitter link), there’s “strong” mutual interest between the Pels and Monroe, who is a New Orleans native. With DeMarcus Cousins out for the season due to an Achilles injury, major minutes are available in New Orleans’ frontcourt — not every suitor could necessarily offer Monroe that significant a role.

Although the Pelicans could pitch Monroe on regular minutes and the idea of a homecoming, they may find themselves at a disadvantage if other teams offer the 27-year-old more than the minimum salary. New Orleans has portions of its mid-level and bi-annual exceptions available, but is only about $1.2MM away from a hard cap, limiting the team’s ability to sweeten the pot for Monroe. By comparison, a club like the Celtics could offer up to $8.4MM, the value of their disabled player exception (though I’d be very surprised if they do so).

It’s also worth noting that the Pelicans’ reported pursuit of Nikola Mirotic could be affected by how things play out with Monroe — it’s not clear if the club would have interest in adding both players.

John Wall Undergoes Knee Surgery, Out 6-8 Weeks

January 31st, 2018 at 1:25pm CST by Luke Adams

JANUARY 31: The Wizards officially confirmed today in a press release that Wall underwent a successful arthroscopic debridement procedure on his left knee. He’ll miss about six to eight weeks, according to the team.

JANUARY 30: John Wall will undergo a procedure on his troublesome left knee tomorrow, according to Candace Buckner of The Washington Post, who reports that the Wizards point guard will be sidelined for the next six-to-eight weeks. Buckner had written on Monday that Wall was headed to Cleveland to seek a second opinion on his knee issue.

Wall’s knee soreness, which stems from an injury sustained early in the season, has slowed him down at times this season. He has received injections and had his knee drained already, and will now undergo what Buckner refers to as a “clean up.” Adrian Wojnarowski of ESPN, who calls the procedure a “knee scope,” hears that Wall could be sidelined for two months (Twitter link).

The Wizards will look to hold onto their position in the Eastern Conference playoff picture during Wall’s absence. Currently, the club’s 27-22 record is tied for fifth in the East, but the Bucks (27-22) and Pacers (28-23) could soon push Washington down to the No. 7 spot. The Sixers (24-23) and the new-look Pistons (22-26) are also lurking.

While the Wizards hope to get a fully healthy Wall back for this season’s stretch run, the team has to be nervous about ongoing knee issues for a player who is under contract through 2022/23 — based on current cap projections, the point guard’s salary will rise to nearly $47MM by the end of his super-max contract.

Wall’s knee injury will also force him to miss the All-Star Game, so a replacement figures to be announced soon. That substitute will be an Eastern Conference player and will join LeBron James‘ squad for the event. (Update: Andre Drummond is replacing Wall.)