What Grizzlies/Cavs Trade Means For Rudy Gay
The Grizzlies and Cavaliers reached an agreement on the first trade of 2013 today, a deal that will send Marreese Speights, Wayne Ellington, Josh Selby, and a protected 2015 first-rounder to the Cavaliers in exchange for Jon Leuer. With the Grizzlies sending out about $7MM in salary and only taking back Leuer's minimum-salary deal, the move will help get the team below the tax threshold.
Now that the Grizzlies won't have to worry about being a taxpayer this season, one would assume that the Rudy Gay and Zach Randolph trade rumors would die down significantly. As Ronald Tillery of the Memphis Commercial Appeal tweeted earlier today, the Grizzlies are hoping the move increases locker-room morale, with the implication being that Memphis isn't about to shake up its core. However, within the same tweet, Tillery adds that the club also hopes that the deal brings in "real offers" for Gay.
While the likelihood of a Gay trade happening by February 21st may have been reduced today, the possibility shouldn't be dismissed entirely. The Grizzlies still project as a taxpaying team for the two seasons after 2012/13, and with more punitive tax penalties on the way starting next year, I imagine that's a situation new ownership wants to avoid.
What today's Grizzlies/Cavs trade does for Memphis is allow the club to avoid shipping Gay out in a deal that's entirely designed to cut costs. Now that the team no longer has to worry about getting below the tax line this season, it has regained some leverage in further trade talks, and can focus on finding real value rather than simply dumping salary.
With no pressure to make a move this season, I would expect the Grizzlies to hang on to Gay this season and revisit their trade options in the summer. If and when that happens, perhaps a team like the Wizards, a club Steve Kyler of HoopsWorld pegged as the frontrunner for Gay this morning, will make an offer that appeals to the Grizzlies. Washington contracts like Trevor Ariza's or Emeka Okafor's could look much more appealing as trade chips next year, when they're expiring, than they do this season.
Odds & Ends: Grizzlies, Redick, Magic
Ric Bucher of CSN Bay Area (Sulia link) hears that the trade rumor involving Rudy Gay to the Suns in exchange for Jared Dudley and Michael Beasley was leaked in order to facilitate more offers from around the league. In terms of the Grizzlies dealing Gay for luxury-tax purposes, Bucher notes that the Wizards and Warriors only have trade pieces that would relieve Memphis of the super luxury tax in two years, but not after this season. You can find more of tonight's miscellaneous notes from the Association here:
- David Baumann of Bright House Sports Network tweets that the Celtics covet J.J. Redick as a possible trade target before February's trade deadline.
- Josh Robbins of the Orlando Sentinel provides a primer of what the Magic front office has to think about heading into next month's deadline. He thinks that GM Rob Hennigan might want to deal for more young players and draft picks while shedding salary, adding that Redick, Glen Davis, Arron Afflalo, Jameer Nelson, and Josh McRoberts are among the team's most tradeable assets. Lastly, Robbins thinks that Orlando is unlikely to part with Nikola Vucevic and that the team has almost no interest in dealing for Rudy Gay.
- Noting that Chris Johnson had been a member of Timberwolves' training camp before the season, Ray Richardson of the Pioneer Press says that his familiarity with the team provided an advantage during the team's search for help at center.
- The recent struggles of Nuggets swingman Andre Iguodala prompted him to admit after today's practice that he's "probably behind the curve" and has had trouble finding his comfort level this season (Benjamin Hochman of The Denver Post reports).
- HoopsWorld's Alex Kennedy (Sulia link) anticipates a quiet trade deadline for the NBA considering a busy offseason that saw 31 deals involving 96 players.
- Alex Raskin of HoopsWorld looks at Jeff Teague, one of four players who are guaranteed to remain in Atlanta beyond this season, as a viable long-term investment for the Hawks.
Bobcats ‘Aggressively’ Pursuing Rudy Gay
The Bobcats have shown committment to a slow rebuild after bottoming out with last year's 7-59 debacle, but according to Steve Kyler of HoopsWorld, they're willing to depart from that strategy for the right player. Apparently, basketball president Rod Higgins and GM Rich Cho are convinced Rudy Gay is the sort of guy for whom they'd be willing to change course, as Kyler reports the Bobcats are one of multiple teams "aggressively" pursuing the Grizzlies small forward (Twitter links).
Kyler notes the 'Cats may not have enough to offer Memphis, which makes sense, since Charlotte has only won two games since November. Still, the Grizzlies would primarily be seeking salary cap relief in any deal involving Gay, as Luke Adams of Hoops Rumors examined earlier this week. The Bobcats would probably have to come up with some combination of draft picks and young players, and with their own likely lottery selection as well as protected first-rounders from the Pistons and Blazers, Charlotte could offer Memphis plenty of draft help. If they're willing to part with either Kemba Walker and Michael Kidd-Gilchrist, along with perhaps Ramon Sessions or Byron Mullens and a few throw-ins to make the salaries match, that might be enough for a reasonable proposal. Gay has $53.67MM remaining on his deal, including this season, so the Bobcats and just about anyone else would have to give up at least a few key components to bring him on board, as Kyler suggests via Twitter.
Of course, the Grizzlies have no shortage of suitors for Gay. Chad Ford of ESPN.com, in an Insider-only piece, today mentioned the Wizards, Clippers, Magic and Mavs as teams with interest, and other teams have been linked to him as well over the past few weeks. Ford surmises that offers for Gay will be better as the deadline approaches, but ultimately the Grizzlies are in control. It's up to CEO Jason Levien, GM Chris Wallace and the rest of the Grizzlies retooled front office to decide whether it wants to deal with Gay's luxury tax implications now or after the season, and Gay's teammates would prefer that he stays put. The Grizzlies aren't active in talks at the moment, and unless the Bobcats or another team comes up with a truly enticing offer, the Grizzlies players may get their wish of having one more shot at the title together.
Northwest Notes: Nene, McGee, Miles
The Thunder have an eight-game lead on the Nuggets in the Northwest Division, but that says more about Oklahoma City's brilliance this season than it does about their competition in the Northwest. It's the only division with four teams above .500. The Timberwolves, at 16-20, might be a winning team, too, if not for all their injuries. Before news broke that the league will allow Minnesota to sign an extra player to compensate, we rounded up several Wolves rumors. Now we'll do the same for a couple of their Northwest Division rivals.
- Nuggets coach George Karl said last year's trade of Nene Hilario "had to be made," explaining that, among other factors, the team needed him to be more assertive, as Michael Lee of the Washington Post details. "The situation came down to, when you’re reshaping a team, it’s better to go younger and that’s the choice management made and I was supportive of that," Karl also said.
- JaVale McGee was the younger player the Nuggets received in that deal, and in a separate piece, Lee rounds up Karl's comments about what JaVale McGee needs to do to earn minutes in line with the team's expectations after signing him to a $44MM deal this summer.
- Cavs small forward C.J. Miles said over the summer that comments he made suggesting a disconnect between Jazz coach Tyrone Corbin and his players were taken out of context. As he prepares to face his former team, Miles added that he has "nothing but love" for his former boss. Jason Lloyd of the Akron Beacon Journal has the story.
Odds & Ends: Roy, Jones, Nene, PEDs
The latest news and notes from around the NBA on Friday evening:
- Ray Richardson of the St. Paul Pioneer Press writes that Brandon Roy has shown no indication of thinking about retiring from the Timberwolves.
- Brian Schmitz of the Orlando Sentinel talks to Magic rookie DeQuan Jones about his unlikely path to the NBA.
- Aaron J. Lopez of Nuggets.com revisits the Nuggets' trade of Nene Hilario to the Wizards for JaVale McGee.
- In light of the recent steroids controversies surrounding cyclist Lance Armstrong and the Baseball Hall of Fame, HoopsHype has a new column by former D-League player Rod Benson about the relative lack of performance-enhancing drug use in the NBA.
- Larry Coon has updated his invaluable Salary Cap FAQ with a new entry on rules regarding international players and some corrections.
Ford On Cousins, Gortat, Gay, Celtics
Damian Lillard is the odds on favorite to win the Rookie of the Year award right now, but there's still plenty of games to be played, said Chad Ford of ESPN.com in today's chat. The Hornets' Anthony Davis is back in action and very much in the picutre while Andre Drummond can't be ruled out either. Here's more from Ford..
- There is a lot of interest around the league in DeMarcus Cousins, but from what Ford can gather, no GMs have had any success in making progress with the Kings on trade talks so far. The Kings appear to want to hold onto him, though plenty can change in the next five weeks.
- Even though the Suns are eager to make a move, Ford sees Marcin Gortat remaining with Phoenix beyond the February 21st trade deadline. It's more likely that the club parlays their draft picks into pieces that are ready to contribute more immediately.
- Ford believes that Rudy Gay is as good as gone in Memphis. The new ownership group is looking for ways to tighten their belt and moving the forward is the quickest way to accomplish that. Recent comments by coach Lionel Hollins against analytics would appear to be a shot at recent hire John Hollinger and, by extension, the thinking of the Memphis front office.
- The Suns, Wizards, Magic, and Mavericks could all be trading away their lottery picks this summer as they'll look to win sooner rather than later. However, this isn't a terribly strong draft and it's far from a seller's market.
- Danny Ainge is downplaying the trade talk surrounding the Celtics but Ford doesn't seem to be buying it. If there's a great deal out there for Rajon Rondo, Paul Pierce, or anyone else, Ford expects him to pull the trigger.
Southeast Notes: Seraphin, Hawks, Beal
The Bobcats were the only Southeast team in action tonight, getting torched by the Central-leading Pacers in Charlotte. Let's take a look at what else is going on in the division on Tuesday:
- According to ESPN's Brian Windhorst (via Twitter), Wizards big man Kevin Seraphin has changed agents, hiring Rich Paul. Seraphin, a former first round pick, is under contract in Washington at least this year and next before the team must decide whether to extend him a qualifying offer. He was formerly represented by Bouna Ndiaye.
- Jeff Zillgitt of USA Today offers his perspective on the job new general manager Danny Ferry has done with the Hawks. After clearing cap space by moving Joe Johnson and Marvin Williams, much of the Hawks roster is currently playing on expiring deals. While that can be a tough spot for a coach to be in, Larry Drew has gotten his team off to a solid start despite a recent lull. The Hawks now have the financial flexibility to re-sign Josh Smith this summer as well as go after someone like Dwight Howard, Zillgitt writes.
- In a separate story for USA Today, Zillgitt concurs with much of what we heard yesterday with regard to Bradley Beal; essentially that the Wizards have no plans whatsoever of trading their rookie phenom for Rudy Gay or anyone else. On the contrary, Zillgitt writes that Beal is settling nicely into his role as the team's closer.
Players Still Ineligible To Be Traded
Today is January 15th, which means that a number of players who had been ineligible to be traded until this point are now free to be moved by their respective teams. As Chuck Myron of Hoops Rumors outlined last month, Eric Gordon, Brook Lopez, Kris Humphries, Ersan Ilyasova, and Jeff Green are among the players who weren't eligible to be dealt until today.
However, in addition to rules that keeps players from being traded until December 15th or January 15th, the CBA also includes a stipulation that a team must have a player on its roster for three months before being able to trade him. That means guys who have signed contracts since October 15th are still ineligible to be dealt.
Here are the players who can't be traded quite yet, along with the dates they'll become trade-eligible:
Leandro Barbosa (Celtics): January 18th
Daniel Orton (Thunder): January 31st
Shaun Livingston (Cavaliers): February 15th
Because the trade deadline arrives on February 21st, players signed after November 21st won't become trade-eligible until after the season. Here are the guys who fit that description:
Jeff Adrien (Bobcats)
James Anderson (Rockets)
Patrick Beverley (Rockets)
Daequan Cook (Bulls)
Kevin Jones (Cavaliers)
Mickael Pietrus (Raptors)
Garrett Temple (Wizards)
In addition to recent signees, players who were claimed off amnesty waivers last July are also ineligible to be traded until July 2013. Some amnesty victims, like Andray Blatche, cleared waivers without being claimed and signed new contracts, so they're trade-eligible now, but the following players can't be moved this season:
Elton Brand (Mavericks)
Brendan Haywood (Bobcats)
Luis Scola (Suns)
Finally, players on 10-day contracts, such as Dominic McGuire, Maalik Wayns, and Josh Harrellson, also won't be trade-eligible at any point this season, even if they eventually receive rest-of-season contracts.
Rudy Gay Rumors: Monday
When we asked on Saturday where you think Rudy Gay will finish the season, votes were fairly split, with many of you suggesting he'd stay in Memphis or that the Raptors were one of the top candidates to acquire him. With five and a half weeks still remaining before the trade deadline, we have a few Gay updates to pass along, including one related to those Raps, so let's dive right in….
- The Grizzlies have tabled the idea of trading Gay for now, sources tell Sam Amico of Fox Sports Ohio. One source indicates that the offers for Gay will probably get worse toward the trade deadline, and believes the team would be better off waiting until after the season to make another push to trade him.
Earlier updates:
- Agent Mark Bartelstein tells Michael Lee of the Washington Post that he has spoken to both the Wizards and Grizzlies and that his client Bradley Beal has not been offered in any potential Gay deal. "The Wizards have made it very clear that they are not moving Brad Beal," said Bartelstein.
- The Grizzlies have spoken to every team in the league over the last month or so, but haven't shown an inclination to simply give away players like Gay for financial purposes, says Ronald Tillery of the Memphis Commercial Appeal.
- Gay is likely to remain in Memphis through season's end, unless the team receives a no-brainer proposal, according to Tillery.
- Although Tillery writes that the Wizards may be open to including Bradley Beal in a package for Gay, Grantland's Zach Lowe tweets that, based on what he has heard, he'd be shocked if Washington moved Beal for Gay.
- Michael Lee of the Washington Post confirms that the Wizards have had conversations with the Grizzlies about what it would take to acquire Gay, and hears from one source that they're "pushing for" the forward. However, Lee indicates that a Washington offer would likely include any of the team's recent first-round picks besides Beal and John Wall.
- The Raptors' chances of acquiring Gay are dwindling fast, according to Doug Smith of the Toronto Star, who says the asking price is too high for Toronto. Smith hears that Terrence Ross and Jonas Valanciunas came up in conversations, which didn't interest the Raps. The Star scribe estimates there's only a 5% chance that more serious discussions occur between the two teams.
Kyler On Dwight, Hornets, Beasley, Gay, Magic
Steve Kyler of HoopsWorld.com answered some questions from his Twitter followers on Saturday regarding various free agency and trade rumors.
- Just as they plan to make a run at Chris Paul (link below), the Hawks will aggressively pursue Dwight Howard as well, Kyler says.
- Hornets GM Dell Demps tells Kyler he wants to give his roster more time to play together, so New Orleans is unlikely to be active at the deadline.
- The Lakers almost traded for Michael Beasley last year, but Kyler can't see them doing so again (Twitter links).
- Kyler speculates that the Wizards are the most logical destination for Rudy Gay.
- The Magic, who possess a trade exception worth more than $17.8MM from the Dwight Howard deal, aren't likely to use it for a "splashy" move.
- If the Magic deal away J.J. Redick, he'll look to sign with a contender as a free agent this summer.
Earlier updates:
- Kyler tweets that the Hawks intend to make a strong push for Chris Paul this summer. The Bobcats will also attempt to lure him, but Kyler does not think he will leave the Clippers.
- Kyler says that Andrew Bynum will be seeking a max contract on the open market, although there is some doubt that he will get such an offer. He points to the Rockets as one team willing to take a gamble.
- The Magic value J.J. Redick highly, and it would cost several draft picks for them to move him.
- Kyler sees the Grizzlies' recent Rudy Gay trade discussions as an attempt to understand roster value.
- If Derrick Williams continues his strong play, Kyler thinks the Timberwolves may opt to move Kevin Love instead.
- The Celtics may be open to trading Paul Pierce, Kyler writes, if the return makes them more competitive right now.