Nets Consider Offers For Porter, Caldwell-Pope, Ingles
After J.J. Redick announced an agreement with the Sixers this afternoon, the Nets are turning their sights toward a trio of restricted free agents, reports Brian Lewis of The New York Post.
Armed with $28.5MM in cap space, Brooklyn will consider Wizards forward Otto Porter, Pistons shooting guard Kentavious Caldwell-Pope and Jazz forward Joe Ingles. Any offer sheet the Nets submit to any of them can be matched by their current team, but that won’t deter Brooklyn GM Sean Marks.
“We have an analytic value,” he said. “We have a scouting value placed on these players, and if we feel comfortable with an offer to these players, whether restricted or unrestricted, we’ll make those deals. But we’re not going to go chase things.”
The Nets submitted sizable offer sheets to Portland’s Allen Crabbe and Miami’s Tyler Johnson last summer and to Houston’s Donatas Motiejunas in December. All three were matched, leaving the Nets empty-handed.
There are questions about the availability of this year’s targets as well. The Wizards have vowed to match any offer that Porter brings them. However, Washington’s attempt to re-sign him in late-night negotiations ended without a contract, and there are reports that Brooklyn would be willing to offer $106MM over four years, starting at $24.75MM for 2017/18. Porter is expected to hold several meetings with several teams starting Sunday.
The Pistons have also stated that they plan to keep Caldwell-Pope, but their signing today of Langston Galloway and the drafting of Luke Kennard indicates that a backup plan is being formed in case Caldwell-Pope becomes too expensive.
The Nets have arranged a meeting with Ingles, although Lewis sees him as a secondary option in case the attempt at Porter is unsuccessful. The Washington Post is reporting that Ingles may have a four-year, $60MM offer from the Magic, but Josh Robbins of The Orlando Sentinel says the team’s interest in Ingles is being overstated (Twitter link).
Free Agent Rumors: Young, Miles, Porter
Unrestricted free agent Nick Young plans to “meet with a bunch of teams” this weekend after a number of undisclosed franchises expressed interest when free agency began on Friday, league sources tell Mark Medina of The Los Angeles Daily News. Despite the Lakers being among those contacting Young’s representatives, both the team and player have conflicting agendas that suggest that this may be the end of their four-year tenure together, Medina adds.
Young, 32, is hoping to maximize his earnings on a multi-year contract for a playoff team, but the Lakers want to sign players to one-year deals to save cap space for the 2018 offseason when LeBron James, Paul George and Russell Westbrook might be available, the scribe notes.
Here’s more from around the NBA:
- Pacers free agent C.J. Miles may have to wait for J.J. Redick to sign an agreement before his market comes into focus, Tim MacMahon of ESPN relays (ESPN Now link). Miles is Plan B for multiple teams who have made Redick a priority, the scribe adds. The Thunder are one of the teams that have expressed interest in the 30-year-old, per a tweet from Yahoo’s Jordan Schultz.
- With Otto Porter having completed his meeting with the Wizards, the team is now in a holding pattern as it awaits the forward to seek offer sheets on the open market, Tim Bontemps of The Washington Post relays (via Twitter). The Nets are potentially one team who appear willing to offer the max of four years and $100MM. Philadelphia may also get involved in the bidding, but the Sixers reportedly seem reluctant to make long-term offers. Washington has promised to match any offer for the restricted free agent.
- Despite the significant bump in player salaries the new CBA has ushered in, not all players are satisfied with the league capping their earnings. LeBron James, responding to a tweet noting how the value of the Warriors has increased from $450MM to upwards of $2.6 billion since Joe Lacob purchased the franchise, noted that Stephen Curry should have gotten a pact worth $400MM over five years this summer (Twitter link). James has a vested interest, of course, with him in line to hit free agency once again next summer.
- There is a possibility that the Celtics may be willing to facilitate a sign-and-trade deal for unrestricted free agent Amir Johnson, Adam Himmelsbach of The Boston Globe relays (on Twitter). The forward is reportedly garnering significant interest around the league.
- The Magic‘s reported interest in free agent forward Joe Ingles has been “wildly overstated,” per Josh Robbins of The Orlando Sentinel (Twitter link). It was relayed Friday night that Orlando was set to offer Ingles a four-year deal in the $60MM range.
Free Agent Rumors: Porter, Randolph, Millsap, Holiday
The Wizards‘ session with Otto Porter ended without an agreement, tweets David Aldridge of TNT. Porter plans to start meeting with other teams this weekend (Twitter link). That creates a potential opening for the Nets, who appear willing to offer the max of four years and $100MM, according to a post on NetsDaily. Philadelphia may also get involved, but the Sixers seem reluctant to make long-term offers. Washington has promised to match any offer for the restricted free agent.
There’s more late-night free agency news:
- Aldridge has two more tidbits to pass along. The Cavaliers are interested in Grizzlies power forward Zach Randolph and plan to call him today (Twitter link). Also, Blake Griffin‘s decision to re-sign with the Clippers means the Suns will intensify their pursuit of Hawks forward Paul Millsap (Twitter link).
- Jrue Holiday met with the Pelicans tonight, but no deal was reached, tweets Sam Amick of USA Today. The two sides are expected to get together again in the morning.
- The new $201MM supermax contract that the Warriors gave to Stephen Curry doesn’t include a no-trade clause or a player option, according to Anthony Slater of The San Jose Mercury News (Twitter link).
- Spurs forward Jonathon Simmons has gotten calls from the Kings, Clippers and Timberwolves and is ready to start holding meetings, according to Shams Charania of The Vertical (Twitter link).
- In addition to Simmons, the Clippers plan to meet with Nuggets forward Danilo Gallinari on Sunday and Jazz forward Joe Ingles this weekend, relays Brad Turner of The Los Angeles Times (Twitter link).
- There’s a strong chance that Celtics‘ power forward Amir Johnson will sign with the Sixers, a source tells Keith Pompey of The Philadelphia Inquirer. Johnson has a history with Philadelphia’s president of basketball operations Bryan Colangelo, who traded for him in 2009 as GM of the Raptors.
- The Kings met tonight with Andre Iguodala and Patrick Patterson, according to Sam Amick of USA Today (Twitter link).
- The Timberwolves have put in a call to Ty Lawson as a possible backup for Jeff Teague, tweets Darren Wolfson of 5 Eyewitness News. The Pelicans, Thunder and Kings have also been in contact with Lawson.
- The Grizzlies are the latest team to show interest in Kings guard Ben McLemore, relays Chris Mannix of The Vertical (Twitter link).
- The Knicks contacted Suns power forward Alan Williams tonight, posts Ian Begley on ESPN Now. Williams fits New York’s goal of finding players who can contribute on both ends of the floor, Begley notes.
Wizards Offer John Wall Designated Veteran Extension
7:42pm: The Wizards have offered Wall a four-year contract extension projected to be worth $170MM, Brian Windhorst of ESPN writes but, as Bontemps suggested earlier today, the point guard isn’t expected to decide right away. He’ll decide over the next week after talking with his family. The deal would lock Wall in place until the 2022/23 campaign.
3:27pm: Wizards point guard John Wall is one of a small handful of players eligible for a Designated Veteran Extension this offseason, and Washington intends to offer him such an extension sometime after the new league year begins, reports Tim Bontemps of The Washington Post. However, according to Bontemps, Wall may not accept the offer right away. As Bontemps details, Wall sounds prepared to wait and see what the Wizards do with their roster this summer before he commits to a new long-term deal with the team.
“I just want to kind of see what they do throughout free agency, talk to my family, talk to my agency and my managers and see what we want to do,” Wall told Bontemps on Monday. “It’s definitely a place I want to be … I’ve just got to make sure things are going in the right direction, and make sure we are building the team in the way we want to be, and don’t get locked up in a situation where you might not feel comfortable.
“But I love being in Washington, I love playing there, and there’s not another city I’d really want to play for.”
Wall still has two years left on his current deal, which pays him just over $18MM in 2017/18 and $19MM in ’18/19. A Designated Veteran Extension would go into effect for the 2019/20 season and would keep him locked up for an extra four years. It would start at 35% of the salary cap, which should fall somewhere between $35-40MM by the ’19/20 season.
That would be a massive payday for Wall, and I’d be surprised if he didn’t ultimately accept the offer by the start of the regular season, assuming Washington formally puts it on the table. Still, it’s worth keeping an eye on the Wizards’ offseason moves, and Wall’s reaction to them.
The star point guard said earlier this week that he would love to see the club add Paul George, since Wall views George as the type of player Washington needs to guard LeBron James and seriously compete in the East. If there are other teams in serious pursuit of George though, the Wizards likely won’t have the assets to outbid them.
Stephen Curry, James Harden, and Russell Westbrook will also be eligible for Designated Veteran Extensions this offseason.
Wizards Will Aggressively Look To Retain Otto Porter
As expected, the Wizards are expected to do all they can to retain restricted free agent Otto Porter in free agency. According to Mike Wise of The Undefeated (Twitter link), Washington plans to make an “aggressive” offer to Porter right when free agency opens at midnight tonight, and will match any offer he receives from another team.
The only scenario in which the Wizards may let Porter get away is in a sign-and-trade for an upgrade at the small forward spot. However, there are few players and teams around the NBA that would be a match for such a deal, outside of Paul George and the Pacers. As Jeff Zillgitt of USA Today tweets, the most likely outcome is that Porter signs an offer sheet and Washington matches it. The Nets are viewed as a threat to come after the 24-year-old in free agency.
Porter had his best year as a pro in 2016/17, averaging career bests in PPG (13.4), RPG (6.4), and SPG (1.5), while posting an incredibly efficient .516/.434/.832 shooting line. I ranked him eighth overall in Hoops Rumors’ list of this year’s top 50 free agents.
Based on the latest salary cap projections from the NBA, a max offer sheet for Porter would be worth just over $106MM for four years.
Eastern FA Rumors: Bulls, Teodosic, Nets, Raptors
The Nets were considered the frontrunners in the Milos Teodosic sweepstakes for much of the year, but point guard became less of a priority for the team after last week’s D’Angelo Russell, opening the door for another NBA team to make a play for Teodosic. According to Tony Jones of The Salt Lake Tribune (via Twitter), that team may be Chicago — Jones has heard the Bulls are “close” to reaching a deal with the EuroLeague star.
If the Bulls end up finalizing a deal with Teodosic, he would be the team’s third major point guard addition of 2017. Chicago also acquired Cameron Payne in a trade with Oklahoma City at the deadline, and landed Kris Dunn from Minnesota in last week’s Jimmy Butler blockbuster.
Here are a few more free agency rumors from around the Eastern Conference:
- The Wizards and Pistons are bracing for the Nets to make a strong push on restricted free agents Otto Porter and Kentavious Caldwell-Pope, respectively, tweets ESPN’s Marc Stein. Although those players have somewhat similar skill-sets, the Nets aren’t focused on filling a specific need or position in free agency, as head coach Kenny Atkinson tells Brian Lewis of The New York Post.
- The Raptors‘ brass will likely meet with agent Andy Miller in Orlando this weekend, according to Michael Grange of Sportsnet (Twitter link). Miller represents both Kyle Lowry and Serge Ibaka, Toronto’s top two free agents, who figure to be a part of those meetings as well.
- Rudy Gay has been linked to the Heat in the past, but Miami isn’t currently among the teams to arrange a free agent meeting with him this weekend, a source tells Barry Jackson of The Miami Herald.
- Asked if the Knicks were still be seeking free agents who fit into a specific system, head coach Jeff Hornacek suggested this week that the team’s focus will be more on talent than system fit, per Ian Begley of ESPN.com. That sounds like good news for free agents who weren’t fond on Phil Jackson‘s triangle.
Lowe’s Latest: George, Hayward, Ibaka, Gallinari
A proposed scenario that would see the Celtics sign Gordon Hayward, trade for Paul George, and sign George to a contract extension isn’t realistic, writes Zach Lowe in his latest report for ESPN.com. As Lowe points out, there would be no reason for George to re-up with Boston right away in that scenario unless he could renegotiate a maximum salary, and it would be extremely difficult for the C’s to accommodate such a deal without moving Al Horford.
Knowing that if they acquire George, he could be a rental, the Celtics have thus far been unwilling to include Jaylen Brown, Jayson Tatum, the Nets’ 2018 first-round pick, or the Lakers’ 2018 first-rounder in any of their offers to Indiana, Lowe reports. Lowe’s best guess at Boston’s offer is a package that would include Jae Crowder, Marcus Smart, and one of the team’s other first-round picks. The C’s will be reluctant to go much higher than that, given their fear that George could leave in 2018 — Tania Ganguli of The Los Angeles Times wrote on Thursday night that the Pacers forward is still telling friends he expects to be a Laker in 2018.
While George could just be a one-year rental, the Celtics have competition for him. According to Lowe, the Wizards would likely be willing to sign-and-trade Otto Porter and include a first-round pick. The Cavaliers would swap Kevin Love straight up, though that doesn’t interest Indiana much, per Lowe. If the Nuggets get involved again via three-way talks for George and Love, they could offer Gary Harris and a first-round pick, though NBA execs expect Harris to command upwards of $20MM annually on his next contract, which is due soon, says Lowe.
Here’s more from Lowe with the free agent period right around the corner:
- Lowe views Hayward as less than a 50-50 bet to stay with the Jazz, with both the Celtics and Heat as legitimate suitors. The ESPN scribe adds that he wouldn’t be surprised if a mystery fourth team ends up getting a meeting with Hayward.
- The market for Raptors big man Serge Ibaka and Nuggets forward Danilo Gallinari is expected to be in about the $20MM-per-year range, sources tell Lowe.
- The Sixers have told player agents that they plan on signing one-year contracts in free agency this summer to preserve future cap space. They may also use some of their current cap room to sign Robert Covington to a renegotiated extension, writes Lowe.
- Lowe expects the Bucks to sign Tony Snell to a deal in the range of $10-12MM annually.
- Despite drafting De’Aaron Fox, the Kings may still spend on a free agent point guard as a veteran mentor, particularly if they decide they want to chase a playoff spot right away, says Lowe.
- The Grizzlies are “crossing their fingers” that the market for RFA power forward JaMychal Green isn’t as competitive as expected, according to Lowe.
George Deal Still Unlikely; Frazier Fills Need In Backcourt
The Wizards are no closer to landing Paul George than they were a week ago but recent comments from John Wall have resurrected speculation that he could possibly end up in D.C. Per CSN Mid-Atlantic’s J. Michael, there are a number of things that would need to happen for the pipe dream to become a reality, here are just a few:
For starters, the Wizards will have to come to terms with something that all of George’s other suitors have already come to terms with: they would need to build an appealing enough package of young players and assets without any guarantee that they’ll get to re-sign him next summer.
The Wizards would also need Otto Porter to be up for a sign-and-trade, something that would require him to take less money than he’s eligible for, just to pack his bags and move to Indianapolis.
Even if the Wizards did manage to land George and played him alongside Wall and Bradley Beal, however, the organization would be extremely crunched financially for the foreseeable future.
- One of the major areas that the Wizards will need to improve upon next year is in their backcourt depth, J. Michael of CSN Mid-Atlantic says. They’ve already gotten a head start in doing so with their addition of Tim Frazier.
Free Agent Rumors: Iguodala, Porter, Bogut, Terry
Luxury tax concerns are making the Warriors hesitant about re-signing free agent Andre Iguodala, tweets Shams Charania of The Vertical. As a result, Iguodala plans to accept phone calls from other organizations when free agency begins tomorrow night (Twitter link). Iguodala has spent the past four seasons in Golden State and has been a key reserve and defensive presence for the defending champs. He averaged 7.6 points and 4.0 rebounds in 76 games this season.
The Warriors have about $38MM in guaranteed salary for next season, along with roughly $60MM in cap holds for Stephen Curry, Kevin Durant and Shaun Livingston, tweets Bobby Marks of The Vertical. If they lose Iguodala, they will have to use exceptions of $8.4MM and $5.2MM to replace him.
There’s more free agent news this afternoon:
- The Wizards will get a shot at re-signing restricted free agent Otto Porter before he talks to other teams, according to David Aldridge of TNT (Twitter link). Aldridge warns that Washington “better not mess around & try to negotiate,” which is a sign that Porter won’t accept anything less than a max deal.
- Andrew Bogut is close to full health and ready to test the free agent market, writes Marc Stein of ESPN.com. Bogut had a disastrous debut with the Cavaliers in early March, fracturing his left tibia less than a minute into his first game. He was recently cleared for running and jumping and expects medical approval for full basketball activities in about two weeks. His agent, David Bauman, has been sending out health updates to NBA teams while Bogut rehabs in Australia. The Cavaliers could use Bogut to fill their backup center role, but luxury tax concerns may prevent them from re-signing him.
- Jason Terry isn’t contemplating retirement at age 39 and would like to spend another season with the Bucks, relays Gery Woelfel of Woelfelspressbox. Terry averaged about 18 minutes per game for Milwaukee this year, putting up 4.1 points and 1.3 assists. He also shot 43% from 3-point range. “I definitely think there’s a market for him and that there’ll be some teams looking for his services,’’ said his agent, Ryan Davis. “But I can see him going back to the Bucks. He and [Bucks coach] Jason Kidd have a good relationship and he wants to keep helping the Bucks turn their culture around.’’
Wizards Still Pursuing George, Celtics Remain Favorite
Despite the odds stacked against the Wizards landing Paul George in a trade, the Washington front office continues to pursue the star forward via trade, reports J. Michael of CSN Mid-Atlantic. Michael adds that the Celtics appear to be the frontrunners in the George trade sweepstakes.
John Wall confirmed on Monday that he has been recruiting George in an effort to get him to push for a trade to Washington. However, it’s not clear if the Wizards have the necessary assets to get anything done. Certainly, the team’s collection of appealing young players and future draft picks pales in comparison to Danny Ainge‘s stockpile in Boston.
George, 27, posted averages of 23.7 PPG (a career-high), 6.6 RPG, 3.3 APG, and 1.6 SPG this past season. His slash line was extremely impressive too at .461/.393/.898.