Month: November 2024

Carmelo Anthony Opts Out, Will Hit Free Agency

MONDAY, 10:33am: Agent Leon Rose confirms that Anthony has opted out, as Frank Isola of the New York Daily News reports via Twitter.

“Carmelo loves being a Knick, he loves the City and the fans,” Rose said. “At this stage of his career he just wants to explore his options.”

SUNDAY, 1:01pm: Knicks star Carmelo Anthony will file paperwork tomorrow to notify the Knicks that he will be opting out of his contract, tweets Adrian Wojnarowski of Yahoo Sports.  Chris Herring of the Wall Street Journal (on Twitter) hears that Anthony actually submitted his formal early termination option letter on Friday stating his intentions to hit the open market.

It has long been expected that Anthony would exercise his ETO in order to explore free agency beginning on July 1st.  Tomorrow marks the official opt-out deadline for Anthony, one of the league’s very best scorers, and it appears he will forgo a guaranteed $23.5MM from the Knicks to see what else is out there.

The Knicks, of course, can offer Anthony more money than anyone with a five-year, $125MM+ contract.  However, Anthony is said to be intrigued by the opportunity to win right away with a team like the Bulls or Rockets.  Phil Jackson may have a plan to turn the Knicks into contenders over the next few years, but it seems highly unlikely that they can vault themselves into the title mix in 2014/15.

It was reported last week that the Bulls are the frontrunners for the former Syracuse star, though it’s not clear if that means Chicago is ahead of New York in the running or if they’re just the top option outside of the Knicks.  Anthony forced the Nuggets to trade him to the Knicks just three-and-a-half years ago and this summer there has been rampant speculation that Anthony is ready to take his talents to a third team.

Signing with the Bulls, Rockets, Mavs, or any other club would mean a maximum contract of $90MM over five seasons for Anthony.  However, it has been rumored that Anthony is open to sacrificing dollars, and maybe even taking less than the max, to help his club add more talent.  Both the Bulls and Rockets will have to do some shuffling before they can sign Melo to such a deal, however.

Darrell Arthur Opts In To Stay With Nuggets

Darrell Arthur has opted in to remain with the Nuggets, the team announced. He’ll make $3,457,149 next season, the final year on his contract. The Jerry Hicks client was strongly leaning toward picking up the option as of March. Arthur’s decision plus Nate Robinson‘s opt-in adds about $5.564MM to Denver’s commitments for 2014/15, though both were expected to remain on their contracts.

The Nuggets will have about $64.6MM in guaranteed salary for next season with Arthur and Robinson in tow, not counting the salary for the team’s No. 11 pick. Denver will almost assuredly enter July over the salary cap, projected to come in at $63.2MM. The team’s involvement in recent Kevin Love talks indicates that GM Tim Connelly is pursuing major changes via trade, with the prospect of a free agent signing for more than the mid-level likely off the table.

Arthur didn’t have much impact for the Nuggets after coming over via trade a year ago. He averaged 5.9 points and 3.1 rebounds in 17.1 minutes per game this past season. He’s never averaged double-figures in points or rebounds and 20.1 MPG is his career high, so it’s likely the 26-year-old wouldn’t have been able to find a salary equal to the value of his option on the open market. He’ll instead attempt to build his stock in advance of free agency next summer.

Nate Robinson Opts In For 2014/15

JUNE 23RD: Robinson has officially opted in to remain with the Nuggets, the team announced.

JUNE 22ND: No surprise here: Robinson’s agent Aaron Goodwin tells Sam Amick of USA Today (on Twitter) that his client will exercise his $2.1MM player option for next season with the Nuggets.

MARCH 6TH: Injured Nuggets guard Nate Robinson will exercise his player option to return to the team next season, according to Chris Dempsey of The Denver Post. The move is not at all surprising, since the left ACL tear he suffered in January knocked him out for the rest of this season. Robinson tells Dempsey he’ll be ready for training camp in the fall.

The Aaron Goodwin client will make $2,106,720 next season, and that salary will push Denver’s guaranteed commitments for 2014/15 to nearly $61.156MM. Darrell Arthur has given early indications that he’ll exercise his player option, too, and the more than $3.457MM coming to him would almost assuredly push the Nuggets over the salary cap for next season.

Robinson averaged 10.4 points in 19.7 minutes per game over 44 contests in his debut season with the Nuggets. The ninth-year veteran shot 37.7% from three-point range, slightly better than his career average of 36.4%.

Knicks Consider Trading Iman Shumpert

9:22am: Grantland’s Zach Lowe suggests the Heat, who have the 26th overall pick, are in play for Shumpert.

8:40am: Iman Shumpert was a frequent subject of trade rumors for much of last season, but it appeared that the arrival of Phil Jackson had ended such talk, as his name was on a list of Jackson’s favorites and a report indicated that he was in the team’s long-term plans. Still, Jackson’s Knicks have explored the idea of swapping Shumpert for a late first-round pick, tweets Marc Stein of ESPN.com. The Knicks have apparently been aggressively seeking a first-rounder, but they have only $1.8MM in cash to dangle instead of the full allotment of $3.2MM because of the Andrea Bargnani trade.

The Knicks came close to a deadline deal that would have sent Shumpert to the Clippers, and they rejected another proposal from the Thunder around the same time. That deal with Oklahoma City reportedly would have involved one of their two 2014 first-round picks. The Thunder have picks Nos. 21 and 29, and the Clippers hold No. 28, but it’s unclear if either team would be willing to give those picks up at this point for Shumpert or another player the Knicks could offer.

Shumpert, who turns 24 on draft day, averaged 6.7 points on 37.8% shooting this past season, both career lows. Still, his calling card is on the defensive end, and he still has one season left on his rookie scale contract, at slightly less than $2.617MM.

Bucks Notes: Embiid, Payroll, Team President

It appears as though the Bucks are ruling out the possibility that they’d take Joel Embiid with the No. 2 overall pick, tweets Charles F. Gardner of the Milwaukee Journal Sentinel. Bucks co-owner Marc Lasry said during comments at a Milwaukee civic meeting today that word of Embiid’s injury makes the team’s decision much easier, as Gardner notes.

“It’s hard to take Embiid,” Lasry said, according to Gardner (Twitter link). “We want somebody who is going to help us on Day 1.”

The chances that Embiid would go to Milwaukee were already reportedly “slim to none,” so while Lasry didn’t make a surprising remark, he nonetheless seemed to confirm the slippage in the injured Kansas center’s draft stock. Lasry addressed a few more Bucks storylines, as we’ll detail here:

  • Lasry indicated that the team would spend more on the roster, as Gardner passes along (Twitter link). Milwaukee’s team salary was nearly $54.23MM this past season, below the cap and fourth lowest in the NBA. That doesn’t count Drew Gooden‘s nearly $6.7MM amnestied salary.
  • The Bucks are interviewing candidates for team president, Lasry said, as Mike Davis of the Journal Sentinel tweets. It’s unclear if the person in that position would deal mostly with financial affairs or would have authority over basketball operations. GM John Hammond‘s job is reportedly safe only through the draft.
  • Lasry and fellow co-owner Wesley Edens will announce the addition of minority owners to the team next month, Gardner notes (on Twitter).

Offseason Outlook: Indiana Pacers

Guaranteed Contracts

Options

  • None

Non-Guaranteed Contracts

Free Agents / Cap Holds

Draft Picks

  • 2nd Round (57th overall)

Cap Outlook

  • Guaranteed Salary: $60,055,974
  • Options: $0
  • Non-Guaranteed Salary: $4,875,716
  • Cap Holds: $24,014,959
  • Total: $88,946,649

Just when the Nets thought they had the mantle of the NBA’s weirdest season all sewn up, the Pacers came along and blew them out of the water.  The Pacers have been known as a hard-working, cohesive team over the last few years, but the second half this season was chock full of locker room turmoil and questionable effort.

The strangeness continued in the Eastern Conference Finals with Lance Stephenson‘s antics directed at LeBron James.  The Pacers spent much of the season worrying that they might lose the 23-year-old Stephenson in free agency, but it now seems quite possible that Indiana won’t welcome him back. President of basketball operations Larry Bird proclaimed that the decision whether to return would be Stephenson’s, but that was on the heels of a report that there are many within the Pacers organization who don’t believe the team should give Stephenson a lucrative long-term deal. It’s not hard to understand why there would be doubts about him. Stephenson’s talent is undeniable and when he’s on, his energy is a very real difference maker for the Pacers.  Unfortunately, his behavior has hurt them on the court and caused a reported rift in the locker room with center Roy Hibbert and midseason acquisition Evan Turner.

The decision to keep Stephenson, of course, won’t be so black-and-white — it’ll be heavily dependent on the offers he gets from other clubs.  The Hornets and Pistons have been cited as potential suitors and there should be plenty more coming out of the woodwork.  Earlier this season, it looked like Stephenson could draw a deal worth about $10MM per season. Now, Stephenson has probably dinged his value, with a former GM recently pegging his expected earnings at $5-8MM per year.  A deal around the middle of that range, about $7MM/year, would seem to split the difference between Stephenson’s million-dollar body and ten-cent head. Something like a three-year, $21MM pact could satisfy Stephenson’s camp and give the Pacers a digestible, if not ideal, level of risk.

Stephenson is hardly the only Pacers notable that could be in a different uniform next year. It wasn’t long ago that this would have been unthinkable, but it wouldn’t be shocking to see the Pacers entertain offers for Hibbert.  George Hill, who is slated to make $8MM in 2014/15, could also be moved for the right price.  It’s harder to see someone like David West getting dealt, but then again, it was hard to envision the Pacers falling apart the way they did this past season.  Another trade chip could be Chris Copeland, even if he doesn’t seem as alluring as the aforementioned names. The forward was more or less buried on the Pacers’ bench, but when he did get playing time, he flashed a shooting range that few men his size can offer. Bird & Co. must leave no stone unturned in their bid to get back on the right track.

The Pacers have some serious work to do when it comes to their second unit.  Turner didn’t nearly have the kind of impact that Indiana was hoping for last season and he seems as good as gone.  Even while the Pacers watched Stephenson get wacky down the stretch of the season, they still trusted him much more than their mid-season acquisition.  Few would have expected the Pacers to use Turner in just 12.4 minutes per contest in the playoffs after trading Danny Granger for one of the biggest names dealt in February, but that’s how things ended up with Indiana and the former No. 2 overall pick.  Turner is ticketed to go elsewhere and he’s certain to earn less than the eight-figure salary he pocketed last season.  Bird believes that the bench role didn’t really suit Turner well and seems confident that he’ll find success in someone else’s uniform.  “Whatever happens, wherever he’s at next year, if he plays 30-35 minutes, he’s going to average 17 points,” Bird told reporters, including Conrad Brunner of ESPN 1070.

Veteran Luis Scola offers toughness and veteran guidance, but with less than $1MM of his $4.87MM guaranteed for next season, the Pacers might let him go in order to give themselves more flexibility elsewhere.  Scola averaged 17.1 minutes, 7.6 points, and 4.8 rebounds last season, career-lows in each category.  The forward seemed lost in coach Frank Vogel‘s offense and there’s certainly no guarantee that he can get in the groove next season.

The Pacers won’t have a ton of wiggle room to improve their bench, especially if they re-sign Stephenson.  There will be low-cost fixes out there, however, and they’re reportedly showing interest in Spanish league power forward Damjan Rudez.  If the Pacers move Copeland, it sounds like Rudez could be a solid replacement with his 47.3% three-point shooting percentage.

What the Pacers won’t have at their disposal, unfortunately, is their first round pick (No. 27), which they traded to the Suns a year ago for Scola.  Bird knows how valuable a first round pick is in this year’s deep draft and told reporters recently (including Candace Buckner of the Indianapolis Star) that he’d like to trade back into the top 30.  A sign-and-trade of Stephenson could certainly yield a pick — and more — but there’s no question that they’d rather have Stephenson back at the right price.  No matter how you slice it, the Pacers’ offseason will revolve on what happens with the polarizing guard.

Cap footnotes

* — Sloan’s salary becomes fully guaranteed if he’s not waived on or before August 15th.

And-Ones: Austin, Melo, Celtics, Cavs

Isaiah Austin‘s decision to jump to the NBA was questioned by scouts but strangely enough, it’s the NBA’s medical tests that may have saved his life, tweets Chris Mannix of Sports Illustrated.  Earlier today we learned that the Baylor center won’t be able to play in the NBA after being diagnosed with Marfan syndrome.  Here’s more from around the league..

  • Howard Beck of Bleacher Report (on Twitter) expects Carmelo Anthony to take a pay cut regardless of where he lands, even if it’s a return to the Knicks.  To Beck, it’s not a matter of if, but how much Melo is willing to lop off.
  • Beck (Twitter links) doesn’t see a sign-and-trade as being all that likely for the Knicks if Melo leaves.  The Knicks would be interested in expiring deals and draft picks, but it’s hard to see them taking on any salary commitments beyond 2014/15 that would handcuff their flexibility.
  • Celtics assistant Ron Adams is heading west to join the Warriors‘ staff, writes Baxter Holmes of the Boston Globe.
  • The Cavs‘ hire of David Blatt as head coach might seem like a bit of a gamble, but Sam Amico of FOX Sports Ohio is all for it.  Vinny Del Negro wouldn’t have been a bad hire for Cleveland, but Blatt represents a bold, out-of-the-box choice for the club.
  • The Pacers will work out Mike Moser, Roscoe Smith, Eric Moreland, Tyler Stone, David Stockton, and Nick Kellogg on Monday, tweets Michael Scotto of Sheridan Hoops.

Woelfel On Ilyasova, Henson, Knight, Love

The most likely member of the Bucks to be dealt is Ersan Ilyasova, writes Gery Woelfel of the Racine Journal Times.  The general consensus among some NBA personnel is that Milwaukee could get a late first-round choice for the 27-year-old and there are teams in the back half of the draft looking for an impact power forward.  Woelfel mentions the SunsThunder, and Rockets as possibilities.  Here’s more from Woelfel’s column..

  • Bucks forward John Henson is also available and some team insiders claim that new owners Marc Lasry and Wes Edens have given their blessing to possibly trading point guard Brandon Knight.  Both would undoubtedly would bring back at least a mid-first round pick if dealt.
  • Bucks center Larry Sanders, who has been saddled by off-court issues and had a disappointing 2013/14, will be entering the first of a fully-guaranteed four-year, $44MM contract next season, making him virtually untradeable. However, some team may be willing to take him on if Ilyasova, Henson, or Knight were involved.
  • The Bucks hold the No. 2 overall pick plus Nos. 31, 36 and 48, but Woelfel cautions that we shouldn’t expect that to be the case on draft night.
  • When asked where they thought Wolves star Kevin Love would end up, two execs picked the Lakers, even though the Warriors seem to be the frontrunners
  • It’s generally assumed the 76ers will pick guard Dante Exum with the third overall pick, but a person close to Philly said Indiana forward Noah Vonleh is drawing interest as well.

Pacific Notes: Love, Warriors, Kings, Gay

The Warriors could position themselves for a run at Kevin Love as a free agent if they’re unable to land him via trade, but it won’t be easy, as Tim Kawakami of the Mercury News.  Most NBA sources indicate to Kawakami that Golden State is high on Love’s wish list and that he’d sign a new deal with them, but the Warriors would still have to beat out all the other offers.  If they can’t talk the T’Wolves into a trade, they might get their chance next summer, but it’ll require a lot of work, as Kawakami outlines. Here’s more out of the Pacific Division..

  • Consistent with what we’ve been hearing over the last few days, a source tells ESPN’s Chris Broussard (on Twitter) that there’s no way the Warriors will trade Klay Thompson to the Wolves or Lakers.  Of course, the Warriors are quite enamored with Love so we surmise that things can change.
  • The Kings are optimistic they can reach an agreement on an extension with Rudy Gay this summer, tweets Jason Jones of the Sacramento Bee.  Earlier today it was reported that Gay will opt in with Sacramento for 2014/15.
  • The Kings never believed that Gay would leave them hanging going into the draft, but they’re still relieved that he didn’t, Jones tweets.  Had Gay left the Kings in limbo, it could have muddled their offseason plans and even their approach to the No. 8 overall pick.

Hoops Rumors Originals

Here’s a look at the original reporting and analysis generated by the Hoops Rumors staff this week..

  • I reported on team workouts for Jarnell StokesRodney Hood, and Justin Jackson.
  • Alex Lee rolled out the latest version of his mock draft.
  • I looked at the Timberwolves offseason, which could get pretty darn interesting.
  • Not sure if you’ve heard, but this is kind of a big offseason for the Heat.  Chuck Myron breaks it all down.
  • A lot of teams would envy the opportunities ahead of the Hornets, writes Cray Allred.
  • The Spurs will look to make some tweaks once they got done celebrating, Chuck writes.
  • Chuck looked at the summer ahead of the Pelicans.
  • A breakdown of the July Moratorium courtesy of Chuck.
  • Chuck explains non-bird rights.
  • Here’s a refresher on our commenting policy.
  • Did you miss out on Chuck’s Monday chat?  Check out the transcript here.