Kyler’s Latest: Kings, Gay, Koufos, Cavs, Smith

Although the majority of teams’ offseason roster work has been completed by now, there are still clubs around the NBA that are exploring the free agent and trade markets in an effort to upgrade their squads. Steve Kyler’s latest piece for Basketball Insiders focuses on two teams whose summer work may not be quite done yet. Let’s dive in and round up the highlights…

• The Kings have been active in exploring the trade market as they attempt to move players who may not be fit into the plan going forward, per Kyler. Rudy Gay has long been available, but despite receiving several inquires on the veteran forward – most notably from the Rockets, says Kyler – Sacramento has been having a hard time finding anything of real value in a trade. There’s a belief among some sources that the Kings won’t ask for a whole lot for Gay, and could move him before training camp, according to Kyler.
• Kyler adds that the Kings are also believed to be looking into possible deals involving center Kosta Koufos, who signed with the team a year ago. Sacramento used several draft picks on frontcourt players, and wouldn’t mind turning Koufos into another piece, such as a backup point guard.
• J.R. Smith remains a free agent, and while his return to Cleveland isn’t a lock like it is for LeBron James, there’s still a belief on both sides that Smith and the Cavaliers will eventually reach an agreement. According to Kyler, there’s a belief that Cleveland put an offer in the $10MM-per-year range on the table a few weeks ago — Smith and his camp are waiting to see if a bigger offer comes in, but will likely end up getting something done with the Cavs.
• Cavaliers sources have pointed out to Kyler that if and when James and Smith sign new deals, the club figures to be in luxury-tax territory. That would make trades a little trickier to complete, so the Cavs may simply be exploring all their options on that front before locking in new contracts for James and Smith.