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2015/16 Salary Cap Update: New Orleans Pelicans

March 19th, 2016 at 11:37am CST by Eddie Scarito

The NBA’s salary cap for 2015/16 is set at $70MM, which is good for an 11% increase from last season, and the luxury tax line is fixed at $84.74MM. With the February 18th cutoff date for trades and the de facto deadline of March 1st for buyouts now past, we at Hoops Rumors are in the process of updating the salary cap commitments for each NBA franchise for the 2015/16 campaign. Here’s the cap breakdown for the New Orleans Pelicans, whose regular season roster can be viewed here:

  • 2015/16 Salary Cap= $70,000,000
  • 2015/16 Luxury Tax Line= $84,740,000
  • Fully Guaranteed Salary Commitments= $81,067,841*
  • Remaining Cap Room= -$11,067,841
  • Amount Below Luxury Tax Line= $3,672,159

*Note: This amount includes the $44,094 in salary paid to Nate Robinson, the $845,059 owed to Jarnell Stokes and the $71,677 due Jimmer Fredette, all of whom were waived by the team.

Cap Exceptions Available:

  • Mid-Level Exception= $488,482
  • Bi-Annual Exception= $1,358,894
  • Trade Exception= $102,217 (Ish Smith. Expires December 24th, 2016)

Cash Available to Send Out In Trades= $3,400,000

Cash Available to Receive Via Trade= $2,678,700

Note: Despite the trade deadline having passed, the NBA season technically doesn’t end until June 30th. Teams are able to again make trades upon the completion of the regular season or when/if they are eliminated from the playoffs, whichever comes later. So these cash limits still apply.

The Basketball Insiders salary pages were used in the creation of this post.

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Week In Review 3/13/16-3/19/16

March 19th, 2016 at 10:19am CST by Eddie Scarito

The NBA and National Basketball Players Association reached an agreement this week that will shorten the free agent moratorium to five days. This year’s free agency moratorium will last from July 1st-6th. Free agent contracts can now be signed much sooner after verbal agreements are reached as a result of the accord.

The moratorium was to run through July 11th for this summer and next prior to Thursday’s agreement, so this speeds up the free agency process by nearly a week. The moratorium period gives the NBA a chance to audit its finances, project next season’s revenue and set salary cap levels. Those salary cap levels determine crucial financial items such as maximum and minimum player salaries, the luxury tax threshold, and signing tools such as the mid-level exception.

Last offseason’s moratorium lasted until July 9th. Controversy arose over DeAndre Jordan‘s late switch during his unrestricted free agency. Jordan made a verbal agreement with the Mavericks, then changed his mind and remained with the Clippers, thanks in part to some heavy lobbying from his Los Angeles teammates. A shorter free agency period will make it more difficult for such flip-flops to take place once a verbal agreement is reached.

Here’s more from the week that was…

Signings

You can stay up to date on all the 10-day deals handed out with our 10-day contract tracker.

Miscellaneous News

D-League News

You can stay up to date on all the D-League assignments and recalls for the season here.

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Nets Ink Sean Kilpatrick To Multiyear Deal

March 19th, 2016 at 8:57am CST by Eddie Scarito

The Nets have signed Sean Kilpatrick to a multiyear deal, the team announced via press release. The exact length and terms of the pact were not announced by the team, though Adrian Wojnarowski of The Vertical on Yahoo Sports previously reported that the arrangement included a guarantee for next season. It’s unclear if that guarantee is for the player’s full salary or if it is merely a partial guarantee. Brooklyn now has 15 players on its roster, including Henry Sims, whose 10-day deal runs through next weekend.

The combo guard performed extremely well for Brooklyn during his two 10-day pacts and this multiyear deal is a fitting reward for his strong outings. Kilpatrick has appeared in nine games with the Nets, averaging 11.9 points while shooting 49.3% from the field and 47.1% from three-point range in 19.1 minutes per contest. The 26-year-old has scored in double figures six times, including each of the last four games. In 21 career NBA games split between Brooklyn, Denver and Minnesota, Kilpatrick has averaged 7.4 points and 1.2 rebounds in 15.5 minutes of action per appearance.

The signing of Kilpatrick for next season shouldn’t impact the team’s available cap space significantly, considering it is most likely a minimum salary arrangement, though that is merely my speculation. The Nets had $45,702,813 in salary committed for 2016/17 prior to inking Kilpatrick. With the salary cap set to jump to the $90MM-$95MM range, Brooklyn will still have plenty of room to chase free agents this offseason.

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Hoops Rumors Community Shootaround 3/18/16

March 18th, 2016 at 11:37pm CST by Arthur Hill

Losing a player like Marc Gasol midway through the season would be enough bad luck for any franchise. But for this season’s Grizzlies, it was just the beginning.

Since Gasol had his season ended prematurely by a broken right foot last month, the Grizzlies have been hit by a near-unprecedented rash of injuries. Star point guard Mike Conley developed soreness in his left foot last week and was diagnosed with Achilles tendinitis. Doctors expect to re-evaluate him near the end of the month. Rugged power forward Zach Randolph has missed seven straight games with an aching right knee.

And the injury problems continue all the way down the roster. Here’s a sampling:

  • Veteran swingman Vince Carter has been out since straining his left calf last Friday.
  • Center Chris Andersen is rehabbing a left shoulder subluxation, and the Grizzlies are hoping for his return soon.
  • Second-year shooting guard Jordan Adams is working to recover from surgery on his right knee, and Memphis isn’t sure when he might be available again.
  • Forward/center Brandan Wright is trying to recover from a sprained right MCL, and the Grizzlies don’t know if he’ll be back before the regular season ends.
  • Swingman P.J. Hairston was hit with a left groin strain Monday and will be re-evaluated next week. As with many of his teammates, there is no set timetable for his return.

Injuries have struck the Grizzlies so hard that the NBA approved a request to permit the team to carry 18 players, three above the standard minimum. In total, eight players are currently trying to overcome some type of injury, and many nights it’s difficult for coach Dave Joerger to fill out a full rotation.

The only good news in Memphis is that the team built a huge cushion for the playoffs before all the injuries began. Despite losing their last four games, the Grizzlies are 39-30 and still in fifth place in the Western Conference. They hold a five and a half game lead over ninth-place Utah with 13 games left in the season. However, the Grizzlies’ schedule is challenging the rest of the way. Memphis still has two games left with the Clippers and Spurs, as well as meetings with the Raptors, Bulls, Mavericks and Warriors. Seven of their final 13 games are at home.

That leads me to tonight’s Shootaround topic: Can the Grizzlies overcome their injuries and hold on to a playoff spot? What is a realistic record over the final 13 games for a team that used Matt Barnes, JaMychal Green, Ryan Hollins, Tony Allen and Lance Stephenson as its starting lineup Thursday night, backed up by a collection of former D-Leaguers and 10-day signings? Memphis has seen 26 players pass through its roster this season, which would be the most ever for a playoff team.

Please use the comments section below to share your thoughts and opinions on the topic. We look forward to what you have to say.

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Western Notes: Crawford, Green, Lakers, Rockets

March 18th, 2016 at 10:57pm CST by Arthur Hill

Nearing age 36, the Clippers‘ Jamal Crawford isn’t giving any thought to retirement, at least not until 2021, writes Dan Woike of The Orange County Register. The veteran shooting guard will mark another birthday Sunday, but he believes he still has five years left in the NBA. Crawford has remained among the league’s most productive bench players this season, averaging 13.7 points and 26.5 minutes per game. “I’m a product of clean living,” proclaimed Crawford, who credits abstinence from smoking and drinking with helping him prolong his career. How much longer he’ll spend with the Clippers is uncertain, though. Crawford is in the final season of a four-year contract and was mentioned in trade rumors earlier this year.

There’s more from the Western Conference:

  • Jeff Green isn’t expecting much of a reaction Saturday in his first game back in Memphis since last month’s trade, according to Rowan Kavner of NBA.com. The Clippers acquired Green from the Grizzlies in a deal at the deadline in exchange for Lance Stephenson and a 2019 first-rounder. “It’s not, like, emotional,” Green said. “I wasn’t here long enough. I could see if it was Boston, a team that I spent four years with, you know, went through a lot of personal stuff there, too. That was an emotional return.”
  • The Lakers and Suns have been out of the playoff race for a long time, but their game tonight is still important, writes Mark Medina of The Los Angeles Daily News. L.A. is four and a half games ahead of Phoenix for second place in the latest reverse standings. Draft position is especially important for the Lakers, who need their pick to fall in the top three to avoid having it sent to the Sixers. Even so, coach Byron Scott gives no thought to losing. “We’re not in a weird position,” he said. “We play Phoenix and we’re trying to win the game.”
  • The Rockets held another players-only meeting after Wednesday’s lopsided loss to the Clippers, writes Calvin Watkins of ESPN.com. “This is fifth, sixth, seventh, eighth, I don’t know which meeting it is,” said power forward Donatas Motiejunas. “I think talking shouldn’t be the one thing that we do. We shouldn’t talk anymore; we should look at ourselves and try to change some things.” Houston tried to shake things up last month by trading Motiejunas to Detroit, but the Pistons canceled the deal due to concerns about his back.
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Eastern Notes: Johnson, Frye, Noah, Brown

March 18th, 2016 at 9:49pm CST by Arthur Hill

The Heat’s up-tempo offense was enough to convince Joe Johnson to choose Miami over Cleveland, according to Jason Lloyd of The Akron Beacon Journal. When he was hired to replace David Blatt, Cavaliers head coach Tyronn Lue announced that he wanted to speed things up, but Johnson apparently preferred the fast-paced approach already established in Miami. “Style of play was probably the biggest difference,” Johnson said. “[The Heat] told me they wanted to get up and down the floor and run, and I mean it enticed me. I thought it was the best fit.” The Cavs will face Johnson on Saturday night for the first time since he made his decision.

There’s more from the Eastern Conference:

  • Channing Frye‘s former coach in Orlando believes he will be a valuable asset for the Cavaliers in the postseason, Lloyd adds in the same piece. “When he’s on the floor, they’re looking for him,” Scott Skiles said. “So much attention is on other players, and that’s Channing’s game. He just kind of finds spots, and when he gets his feet set, he’s as good of a big man shooter as there is.” Cleveland picked up Frye from the Magic last month in a deal at the trade deadline.
  • The Bulls‘ Joakim Noah is unlikely to play again this season, but he tells K.C. Johnson of The Chicago Tribune that his focus is on getting healthy, not his upcoming free agency. Noah had surgery on his separated left shoulder on January 19th, with a projected recovery time of four to six months. “It’s not about free agency right now,” the veteran center said. “People can say, ‘Oh, you shouldn’t think about it.’ You’re always going to think about it. But out of respect for my teammates who are going through the grind, which I know very well, I’m trying to stay focused on what they’re going through.”
  • The NCAA Tournament gives Sixers coach Brett Brown a chance to look toward the future and provides a nice distraction from his 9-59 team, writes Bob Cooney of The Philadelphia Inquirer. “Watching all of the games and the spirit of the tournament and the excitement of trying to figure out who we might draft comes into play, but mostly I just love the time of year,” Brown said.
  • The Bucks sent guard Rashad Vaughn to Canton of the D-League, the team announced today. He averaged 2.4 points and 1.1 rebounds in 61 games with Milwaukee.
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Knicks Rumors: Anthony, Rambis, Porzingis

March 18th, 2016 at 7:39pm CST by Arthur Hill

Carmelo Anthony understands he can force his way out of New York if he desires, writes Marc J. Spears of Yahoo Sports. In a wide-ranging interview about his career and the state of the Knicks, Anthony acknowledged that he refused to waive his no-trade clause amid rumors of possible deals before last month’s deadline. “I guess I have all the power,” he said. “If I really wanted to get out of this situation I could have waived that no-trade clause. But I’ve stuck with it and I’m still sticking with it.”

How much longer he’ll stick with it is anyone’s guess. The Knicks are looking at another summer of upheaval, with a major decision surrounding the fate of interim head coach Kurt Rambis and possibly a limited return of Phil Jackson to the bench. Whatever happens, Anthony made it clear that his patience with New York management is wearing thin. He’s tired of missing the playoffs, which the Knicks are doing for the third straight season, and he expects the franchise to add at least one big-name free agent this summer. “Now it’s time to start competing for a championship, not just competing for the playoffs,” Anthony said. “Those days for me are over with.”

There’s more news out of New York:

  • The time has come for Anthony and the Knicks to part ways, argues Tom Ziller of SB Nation. Anthony expects to be surrounded by veteran stars, and pursuing them isn’t the best strategy for New York right now, Ziller writes. Instead, he says the team should focus on rebuilding around rookie Kristaps Porzingis. The columnist suggests the Lakers, Rockets, Mavericks, Celtics and Wizards as possible destinations for Anthony.
  • Anthony offered more fuel for the argument that he’s thinking of moving on, according to Marc Berman of The New York Post. “It’s hard to answer those type of questions when you don’t know what’s going to happen,” Anthony said today. “We still have a month left to the season. To be thinking, ‘Am I going to be on this team next [season]?’ That’s for you to speculate. I don’t know what’s going to happen this summer. I can’t predict that.”
  • Rambis would prefer that Porzingis skip the Olympics this summer, writes Barbara Barker of Newsday. “I understand players’ commitments to their country and their desire to play for their country,” Rambis said. “But from a selfish standpoint, looking at it purely from a Knicks standpoint, yeah, we’d want him here working with us the whole time.”
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Suns Sign Alan Williams To Multiyear Deal

March 18th, 2016 at 6:21pm CST by Arthur Hill

The Suns have signed forward/center Alan Williams to a multiyear contract, the team announced today. Williams inked a 10-day deal with Phoenix on March 8th and saw his first action in Thursday’s game at Utah.

A Phoenix native and UC Santa Barbara product, Williams wasn’t taken in last year’s NBA draft. He went to China, where he posted averages of 20.8 points and 15.4 rebounds for Qingdao, becoming the top rebounder in the Chinese Basketball Association. He’s also the top rebounder and second-leading scorer in UC Santa Barbara history.

Williams played for the Rockets’ entry in the 2015 Summer League, earning All-NBA Summer League Second Team honors. He averaged 20.5 points and 11.8 rebounds in four games in the Las Vegas league.

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Central Notes: Brown, Drummond, Gibson, James

March 18th, 2016 at 5:34pm CST by Arthur Hill

Dealing with illness and injury in their backcourt, the Pistons signed Lorenzo Brown today as “insurance,” coach/executive Stan Van Gundy told Aaron McMann of MLive. Starting point guard Reggie Jackson is dealing with a viral issue, while reserve Spencer Dinwiddie is recovering from a deep bone bruise in his ankle. With Steve Blake as the only healthy point guard, the Pistons gave a 10-day contract to Brown, who was playing for the Grand Rapids Drive in the D-League. “I watched Reggie the other night and he was sick, and Spencer’s not 100%,” Van Gundy explained. “You start saying, ‘We might want to get that covered.'” Brown was in Detroit’s training camp before the start of last season had two 10-day contracts with the Suns earlier this year. Van Gundy likes Brown’s familiarity with the Pistons’ system, but he doesn’t plan to use him in a game unless there’s an emergency.

There’s more from Detroit and the rest of the Central Division:

  • Van Gundy lashed out at his defense, especially center Andre Drummond, after surrendering 118 points in Wednesday’s loss to the Hawks, writes David Mayo of MLive. The coach expects better rim protection from Drummond, who will be a restricted free agent this summer after agreeing to pass on an extension. Drummond is considered a virtual lock to stay with the Pistons on a max contract. “He’s not contesting shots at the rim,” Van Gundy said. “You look at the per-minute stuff and he’s 38th in the league in blocks per minute. I mean that’s just — maybe he can’t be in the top three or four but you don’t need to be 38th.”
  • Taj Gibson, the subject of trade rumors before last month’s deadline, has emerged as a team leader as a wave of injuries has hit the Bulls, according to Sam Smith of Bulls.com. “This is where young guys have to be veterans, suck it up and do the job,” Gibson said. That’s the way we’ve been playing the last couple of years and what I am trying to transfer to the young guys now.”
  • Cavaliers star LeBron James has posted another cryptic Instagram message, according to Luke Kerr-Dineen of USA Today Sports’ For The Win. James put together a montage of photos of him, Dwyane Wade, Carmelo Anthony and others with the message, “Who cares what others say that don’t agree with decisions we make because it doesn’t matter, this is our journey, the path we was giving and we’ll continue to walk it heads high guarding each others back throughout it all!”
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Download The Trade Rumors App Today

March 18th, 2016 at 4:30pm CST by Eddie Scarito

If you enjoy this website on your smartphone or tablet, you’ve got to download our free Trade Rumors app!

Trade Rumors, available for iOS and Android, is the best way to consume our content on a mobile device.  Here’s what it delivers, all for free:

  • All the articles from Hoops Rumors, MLB Trade Rumors, and Pro Football Rumors, in an easy-to-navigate, eye-catching format.  Swipe through stories to quickly consume all the news and rumors from our three sites.  Not into all three sports?  No problem – any sport can be easily removed.
  • Customize what you see.  You can create feeds for any team or player across any of our sites.
  • Notifications!  For any team or player, you can set up push notifications to ensure you always get breaking news instantly.  Notifications can also be set up at the sport level.
  • Commenting!  You can now read and contribute comments on the app seamlessly.
  • Customer service!  If you find a bug, we’ll fix it.  If you have a feature request, we’ll consider it.  The app is continually evolving and improving.
  • Did I mention Trade Rumors is a FREE app?  What do you have to lose?  Download now!
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