Month: November 2024

Salary Cap Snapshot: Phoenix Suns

With the free agent signing period winding down and teams looking ahead to the preseason, we at Hoops Rumors will be tracking the Salary Cap figures for each team around the league. These posts will be maintained throughout the season once financial data is reported. They will be located on the sidebar throughout the year, once all the teams’ cap figures have been relayed. You can always check RosterResource.com for up-to-date rosters for each franchise, with the Suns’ team page accessible here.

Here’s a breakdown of where the Suns currently stand financially:


Guaranteed Salary

Total Guaranteed Salary= $85,055,253


Cash Sent Out Via Trade:  $0 [Amount Remaining $3.5MM]

Cash Received Via Trade: $1.5MM ($1MM received from Raptors in P.J. Tucker trade. $500K received from Hawks in Mike Scott trade.) [Amount Remaining $2MM]


Payroll Exceptions Available

  • Room Exception — $2,898,000

Total Projected Payroll: $85,055,253

Salary Cap: $94,143,000

Estimated Available Cap Space: $9,087,747

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $28,231,747


Salary Cap Floor: $84,729,000

Amount Above Salary Cap Floor: $326,253

Last Updated: 4/14/17

The Basketball Insiders salary pages and The Vertical’s salary database were used in the creation of this post.

Submit Your Questions For Hoops Rumors Mailbag

We at Hoops Rumors love interacting with our readers. This is why we provide an opportunity for you to hit us up with your questions in our weekly mailbag feature, which is posted each Sunday.

Have a question regarding player movement, free agent rumors, the salary cap, the NBA draft, or the top storylines of the week? You can e-mail them here: hoopsrumorsmailbag@gmail.com. Feel free to send emails throughout the week, but please be mindful that we may receive a sizable number of questions and might not get to all of them.

If you missed out on any past mailbags and would like to catch up, you can view the full archives here.

Atlantic Notes: Beech, Colangelo, Nets

Beau Beech, who inked a partially guaranteed deal with the Nets in August, hopes that his strong showing in summer league play will translate into him earning a regular season roster spot, Cody Taylor of Basketball Insiders relays. “It is just Summer League, but in the same breath, Summer League is correlated to the NBA,” Beech told Taylor. “What happens in Summer League may not be a direct correlation right away, but it definitely has the same kind of game flow, the same schemes and the same thinking for coaches and players. It’s on a smaller scale, but it’s definitely good to have had that experience underneath my belt and it definitely gave me a lot more confidence going into camp.” In five games in Las Vegas this summer, Beech averaged 8.8 points and 3.8 rebounds per game while shooting 33% from three-point range.

The forward understands that he has an uphill battle to break camp as a member of the team, Taylor notes. “[The Nets] signed the roster that they wanted to sign and those players are all very good and I respect all of them,” Beech said. “As a competitor, not having a fully-guaranteed contract, I want a fully-guaranteed contract. That’s my goal and that’s what I want to do. I want to be on this team from day one, but I know the situation at the same time.

Here’s more from out of the Atlantic Division:

  • Sixers advisor Jerry Colangelo believes the team will better in 2016/17 than in years past, but wants to temper expectations for his young club, Jessica Camerato of CSNPhilly.com relays. “I’m sure that everyone should have optimism,” Colangelo said. “But there’s a word I’ve always used over the years about optimism. It should be guarded optimism because things take time. When you’re building teams — and I’ve had the privilege of doing that quite a few times in my career — you’re adding pieces here and there, and then once in a while you strike out and get that last piece. I think where the Sixers are today is, this is the beginning of that particular process, and that is building what everyone would hope to be a championship team.”
  • The crew over at Basketball Insiders weighed in on the Nets‘ and Sixers‘ chances this coming season, with the general consensus being that Brooklyn will compete with Philly for last place in the Atlantic Division.

Poll: 2008 NBA Draft Take Two (Pick No. 20)

Scouting players and predicting how their skills will translate to the NBA is one of the more difficult tasks front offices have on their plates. Looking back over past drafts and how many lottery picks never evolved into stars, or even made a significant impact in the league, illustrates just how often stats, combine numbers and pure gut instinct often come up short.

Of course, we get the opportunity to critique these moves with the benefit of hindsight — a luxury that GMs don’t have on draft night. Having said that, it’s still fun to go back in time and take a theoretical look at how these drafts should have/could have gone.

We’ve been revisiting 2008 draft, which had a number of players who have gone on to post big numbers in the league. This was the year of Derrick Rose (No. 1 overall), Russell Westbrook (No. 4), Kevin Love (No. 5), Brook Lopez (No. 10) and Nicolas Batum (No. 25). Over the next few weeks, we’ll be posting a series of polls asking readers to vote on whom teams should have selected in each spot.

We’ve arrived at the No. 20 overall pick, which was held by the Bobcats/Hornets. Charlotte had acquired the pick from Denver in exchange for a future first rounder. In the “real world” draft, the Hornets used the selection to take Alexis Ajinca. Cast your vote for whom Charlotte selects and check back on Saturday to see the results, as well as to vote on whom the Nets should have taken with the No. 21 pick. Also, don’t limit yourself to a simple button click. Take to the comments section below and share your thoughts on the pick and why you voted the way that you did. If we fail to list a player who you think should be selected, feel free to post that in the comments section and we’ll be certain to tally those votes as well.

  1. Bulls — Russell Westbrook [Actual Pick — Derrick Rose]
  2. Heat — Kevin Love [Actual Pick — Michael Beasley]
  3. Wolves — Derrick Rose [Actual Pick — O.J. Mayo]
  4. Sonics/Thunder — DeAndre Jordan [Actual Pick — Russell Westbrook]
  5. Grizzlies — Brook Lopez [Actual Pick — Kevin Love]
  6. Knicks — Serge Ibaka  [Actual Pick — Danilo Gallinari]
  7. Clippers — Nicolas Batum [Actual Pick — Eric Gordon]
  8. Bucks — Goran Dragic [Actual Pick — Joe Alexander]
  9. Bobcats/Hornets — Danilo Gallinari [Actual Pick — D.J. Augustin]
  10. Nets — Ryan Anderson [Actual Pick — Brook Lopez]
  11. Blazers (from Pacers) — Eric Gordon [Actual Pick — Jerryd Bayless]
  12. Kings — George Hill  [Actual Pick — Jason Thompson]
  13. Pacers (from Blazers) — Robin Lopez [Actual Pick — Brandon Rush]
  14. Warriors — Courtney Lee [Actual Pick — Anthony Randolph]
  15. Suns — Roy Hibbert [Actual Pick — Robin Lopez]
  16. Sixers— Nikola Pekovic [Actual Pick  — Marreese Speights]
  17. Raptors — O.J. Mayo [Actual Pick — Roy Hibbert]
  18. Wizards — Mario Chalmers [Actual Pick — JaVale McGee]
  19. Cavaliers — Timofey Mozgov [Actual Pick  — J.J. Hickson]
  20. Bobcats/Hornets (from Nuggets) — ?? [Actual Pick — Alexis Ajinca]

If you’re a Trade Rumors app user, click here to vote.

Rambis Suggested Hornacek As Knicks’ Head Coach

Knicks president Phil Jackson says interim coach Kurt Rambis first suggested hiring Jeff Hornacek as the team’s head coach, according to Charley Rosen of TodaysFastBreak.com. In the latest installment of “The Phil Jackson Chronicles,” Jackson states that Rambis and Hornacek had a working relationship that began when they both played for the Suns.

“It was Kurt Rambis who first suggested Jeff,” Jackson recalled. “They had played together in Phoenix for several seasons so Kurt had a good read on Jeff. The Suns’ coach was Cotton Fitzsimmons who had been an assistant at Kansas State under Tex Winter. So Cotton knew the triangle, ran pieces of it and believed in system basketball. It was there that Jeff teamed up with Kevin Johnson in a two-guard offense, which is how the triangle is formatted.”

Jackson had been impressed by the job Hornacek did in his two and a half years as head coach in Phoenix. In mid-May, Jackson held a six-hour meeting with Hornacek in Los Angeles, diagramming plays and discussing offensive and defensive philosophies.

“I liked the way he saw the whole game and how every part was interrelated,” Jackson said. “Jeff also said that he believes in visualization, that a shooter should visualize the ball going through the hoop every time he shoots. I could easily visualize him coaching the Knicks, and I was sold.”

Jackson and Hornacek flew back to New York for a private dinner with GM Steve Mills, but the media learned about the meeting and reported Hornacek’s hiring well before it occurred. Jackson says he wishes that hadn’t happened because the story broke before he could inform the other candidates who interviewed for the job.

Cavaliers Address Shumpert’s Arrest

1:57pm: Because Shumpert’s alleged offense involved marijuana, he will not be suspended regardless of the outcome of the case, Lloyd writes in a full story. If he is convicted or pleads guilty, Shumpert will go into the NBA’s marijuana program. If this is his first violation, there will be no more punishment. Players are fined $25K for a second offense and suspended five games for a third offense.

11:39am: Shumpert’s arrest involved marijuana, not alcohol, tweets Jason Lloyd of The Akron Beacon Journal. According to the arrest report, Shumpert admitted to an officer that he smoked the substance and was charged with possession of less than one ounce.

10:03am: The Cavaliers issued a statement this morning related to Iman Shumpert‘s August 10th DUI arrest near Atlanta, tweets Marc J. Spears of ESPN.com. The 26-year-old was pulled over for a lane violation by Fayette County Police and subsequently charged with DUI.

The team statement says the Cavaliers have discussed the incident with Shumpert and will monitor the case. No court date has been set, and neither the team or Shumpert plans to comment until the issue is resolved.

Convictions or guilty pleas in DUI cases typically result in league suspensions, notes Brian Windhorst in a post on ESPN Now. Ty Lawson, who recently signed with the Kings, was suspended for five games last season after two DUI incidents.

Norris Cole Changes Agents

Former Pelicans point guard Norris Cole has signed with NBA agent Joel Bell, tweets Liz Mullen of Sports Business Daily. Cole was previously represented by Klutch Sports.

With less than three weeks until training camps begin, Cole is still searching for a team. New Orleans renounced his rights in July to open up cap room to sign Terrence Jones and Tim Frazier. Cole played in 45 games with the Pelicans last season, averaging 10.6 points and 3.7 assists per night.

There was a report two weeks ago that Cole’s new agent had contacted the Timberwolves about joining them in training camp, but Minnesota already has Ricky Rubio, Tyus Jones and Kris Dunn with guaranteed salaries at point guard.

Stackhouse To Coach Raptors’ D-League Affiliate

Jerry Stackhouse has been named head coach of Raptors 905, Toronto’s affiliate in the D-League, the team announced today. Stackhouse replaces Jesse Mermuys, who was hired as an assistant with the Lakers in June.

Stackhouse, a two time All-Star who played 18 years in the NBA, served as an assistant coach with the Raptors last season. He coached Toronto’s summer league team in Las Vegas.

“The basketball pedigree that he brings to the 905 bench is as good as it gets in the D-League,” said Raptors 905 GM Dan Tolzman“We believe that his experience as a successful NBA player along with his year spent learning under Coach [Dwane] Casey on the Raptors staff will go a long way in helping teach the young players within our system what it takes to thrive at the next level.”

Ryan Richards Agrees To Camp Deal With Spurs

The Spurs will sign 2010 second-round draft choice Ryan Richards to a training camp deal, tweets international basketball writer David Pick. The 7’0″ British native played with teams in Iran, Lebanon and Bahrain last season.

Richards, a forward, was the 49th player drafted in 2010. He has also played in Poland, Austria, China and several other countries.

The Spurs are already above the salary cap for the upcoming season, so Richards will probably receive a minimum deal.

Colton Iverson Will Play In Israel

Colton Iverson, whose rights were renounced by the Celtics last month, will play in Israel next season, according to Sportando (Twitter link). The 7’0″ center has agreed to a contract with Maccabi Tel Aviv.

Boston had owned the rights to Iverson since making him the No. 53 selection in the 2013 draft after buying the pick from the Pacers. Iverson played for the Celtics’ summer league team in July, but was given almost no chance of making the regular-season roster because Boston already has 16 players with guaranteed contracts.

Iverson, 27, had hoped to catch on with another NBA team before training camp, but apparently no invitation was forthcoming. He has spent the past three seasons with teams in Turkey and Spain.