Magic Rumors

Knicks Notes: Mudiay, Ntilikina, Kornet, Noah

If Emmanuel Mudiay makes his Knicks debut today, he won’t have much preparation, writes Anthony Rieber of Newsday. Acquired Thursday from the Nuggets in a three-team trade, Mudiay wasn’t permitted to practice Saturday because the transaction wasn’t official. Devin Harris, who was sent to Denver in the deal, had yet to complete his physical. All coach Jeff Hornacek could do was talk to Mudiay, who is expected to suit up if the deal gets finalized before today’s 4:00 pm Central game in Indiana.

“Wish he could have been able to get out there and go through things, but he wasn’t allowed to,” Horacek said. “We’re going to have to continue to talk to him. Unfortunately, it’s an early game, so we won’t have a shootaround, but we’ll go over things with him on film. He was able to watch things, at least. I think he has a pretty good idea, so I don’t think it’ll take long for him to adjust.”

There’s more news out of New York:

  • Mudiay’s addition to an already-crowded point guard situation will result in fewer minutes for some players, but Hornacek expects them to handle it like professionals, Rieber adds in the same story. The coach isn’t worried about a negative attitude from rookie Frank Ntilikina, who has watched the organization add four point guards since he was drafted with the No. 8 pick in June. “To me, mentally weak guys think that,” Hornacek said. “Mentally strong guys don’t think that. They say, ‘OK, bring on whoever. I don’t care.’ I can see that in Frank. He has that mentality.”
  • Luke Kornet‘s impressive NBA debut made the decision to trade Willy Hernangomez easier to understand, writes Marc Berman of The New York Post. Kornet had 11 points and 10 rebounds in 22 minutes Friday and became the first player ever with four blocks and three 3-pointers in his first game. Kornet’s breakout performance makes it even more unlikely that Joakim Noah will return from his leave of absence this year, according to Berman, who adds that the Knicks tried to send the veteran center to Orlando in a deal for Elfrid Payton.
  • Enes Kanter, who has a player option for next season worth more than $18.6MM, wants to spend the rest of his career in New York, relays Adam Zagoria of SNY.tv. Kanter said the city has a negative reputation in some NBA circles, but he believes in the front office led by president Steve Mills and GM Scott Perry. “I like this place, man,” Kanter said. “It’s weird because people are scared to come to New York because they think New York is scary, all these bad things but I think this organization is good, man. These guys, Scott and Steve, the coaches and everything. They are just making sure you got everything you need so you can just focus on basketball.”

Magic Trade Elfrid Payton To Suns

8:41pm: The Magic have officially traded Payton to the Suns, the team announced in a press release. Phoenix waived Isaiah Canaan in order to clear a roster spot for Payton.Elfrid Payton vertical

2:52pm: Josh Robbins of The Orlando Sentinel clarifies (via Twitter) that the second-round pick the Magic receive in the deal will actually be the second-most favorable of the Grizzlies’, Hornets’, and Heat’s 2018 second-rounders. For now, that would be the Charlotte pick.

1:58pm: The Magic and Suns have agreed to a trade, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that the teams will swap point guard Elfrid Payton for a second-round pick. That pick will be the Grizzlies’ 2018 second-rounder, tweets John Gambadoro of Arizona Sports 98.7.

The deal signals a new start for Payton, who is headed for restricted free agency this summer. His streaky shooting and problems on defense made him expendable, especially as a new regime took over in Orlando’s front office. Payton was having a fine statistical season, averaging 13.0 points, 6.3 assists and 4.0 rebounds per game, but the Magic still aren’t winning and the organization decided to go in a different direction.

He will get a chance to revive his career with the Suns, who have been looking for a new point guard since trading Eric Bledsoe to Milwaukee. Phoenix lost Isaiah Canaan to a broken ankle at the end of January and was down to just one healthy point guard on its roster. The addition of Payton allows Devin Booker to move back to his natural position of shooting guard, adds Scott Bordow of The Arizona Republic (Twitter link).

The Suns reached the salary floor with the move and have $6.9MM in cap space remaining, posts Bobby Marks on ESPN Now. Payton will carry a cap hit of $3.3MM and will be restricted this summer if Phoenix tenders a $4.8MM qualifying offer as expected.

Photo courtesy of USA Today Sports Images.

And-Ones: Free Agent Market, Payne, Perkins, Booker

The bull market for free agents has ended and there will be few free-spending teams this summer, according to Brian Windhorst and Bobby Marks of ESPN. Many organizations are paying the price for the huge contracts that were handed out in 2016 as cap issues are forcing much of the league to take a more frugal approach.

This season, five teams are on pace to pay the luxury tax, which kicks in with a payroll topping $119MM. Twelve teams are projected to be in tax territory for 2018/19 and several more are in danger of getting there just by re-signing their own free agents. The authors list the Bucks as one team that will cross the line if they hold onto Jabari Parker.

“The luxury tax was not designed for this many teams to pay it,” a league executive told Windhorst and Marks. “Many of those owners probably didn’t think they’d be paying it. Quite a few of those teams are probably going to take steps to get out of the tax or limit new spending.”

When teams were handing out big contracts in the summer of 2016, they were expecting a salary cap in the range of $108MM for next season. That projection has been revised down to $101MM, leaving many in an unexpected dilemma. Only seven teams — the Lakers, Sixers, Bulls, Hawks, Mavericks, Suns and Nets — will have more than $10MM available to chase free agents, and virtually all of those teams are in rebuilding mode.

NBA agent Mark Bartelstein expects the situation to improve in 2019 and 2020 when those 2016 contracts start to expire.

There’s more NBA-related news this morning:

  • Max and “supermax” deals are the reason more stars seem to be on the trade market, writes Kevin O’Connor of the Ringer. Clippers consultant Jerry West had been urging owner Steve Ballmer to trade Blake Griffin ever since Chris Paul let the team know he wouldn’t be re-signing. Ballmer was convinced after Griffin’s latest injury, recognizing the risks of paying him $171MM over five years, including nearly $39MM in the 2021/22 season when he will be 32. Teams are taking stock of their future and weighing whether maxing out a star is worth giving up financial flexibility. O’Connor predicts fewer mid-sized deals, like the approximately $17MM the Magic are giving to Bismack Biyombo and Evan Fournier, in favor of more non-taxpayer midlevel exceptions, which are valued at $8.4MM an will rise to about $10MM before the current CBA expires.
  • Adreian Payne, who was waived by the Magic last month in the wake of the Michigan State scandal, had signed to play in Greece, relays the Associated Press. Payne had a two-way contract and played just four games for Orlando.
  • Veteran center Kendrick Perkins has decided to leave the G League Canton Charge, tweets Jeremy Woo of Sports Illustrated. Several teams have contacted him about signing after the deadline, and he may consider playing in China or Japan next year, depending how the rest of this season turns out, adds Jake Fischer of Sports Illustrated (Twitter link). Perkins officially “retired” from the G League so the Charge can receive compensation, according to 2 Ways & 10 Days.
  • Sixers forward Trevor Booker has changed agents in advance of his upcoming free agency, tweets Jeff Zillgitt of USA Today. Booker has signed with Jim Tanner’s Tandem Sports + Entertainment.
  • Lavoy Allen, who played 61 games for the Pacers last season, has joined the Northern Arizona Suns of the G League, the team tweeted.

Jonathon Simmons Unlikely To Be Traded

Forbes Releases 2018 NBA Franchise Valuations

The Knicks are still reeling from Tuesday’s news that Kristaps Porzingis has suffered a torn ACL and will be sidelined for the rest of the season. While Porzingis’ injury essentially eliminates the Knicks from the playoff race in the East, team ownership can at least find some solace in the fact that the organization remains the highest-valued franchise in the NBA, according to a report from Kurt Badenhausen of Forbes.

For the first time, all 30 NBA teams have a perceived worth of $1 billion or more, per Forbes’ annual report. In 2017, 18 teams had a valuation exceeding $1 billion, which was up from 13 teams in 2016 and just three teams in 2015.

The league-wide average of $1.65 billion per team is also a record, with franchise valuations up 22% in total over last year’s figures. NBA franchise values have tripled over the last five years, according to Badenhausen.

Here’s the full list of NBA franchise valuations, per Forbes:

  1. New York Knicks: $3.6 billion
  2. Los Angeles Lakers: $3.3 billion
  3. Golden State Warriors: $3.1 billion
  4. Chicago Bulls: $2.6 billion
  5. Boston Celtics: $2.5 billion
  6. Brooklyn Nets: $2.3 billion
  7. Houston Rockets: $2.2 billion
  8. Los Angeles Clippers: $2.15 billion
  9. Dallas Mavericks: $1.9 billion
  10. Miami Heat: $1.7 billion
  11. San Antonio Spurs: $1.55 billion
  12. Toronto Raptors: $1.4 billion
  13. Sacramento Kings: $1.375 billion
  14. Washington Wizards: $1.35 billion
  15. Cleveland Cavaliers: $1.325 billion
  16. Portland Trail Blazers: $1.3 billion
  17. Phoenix Suns: $1.28 billion
  18. Oklahoma City Thunder: $1.25 billion
  19. Orlando Magic: $1.225 billion
  20. Utah Jazz: $1.2 billion
  21. Philadelphia 76ers: $1.18 billion
  22. Indiana Pacers: $1.175 billion
  23. Atlanta Hawks: $1.15 billion
  24. Denver Nuggets: $1.125 billion
  25. Detroit Pistons: $1.1 billion
  26. Milwaukee Bucks: $1.075 billion
  27. Minnesota Timberwolves: $1.06 billion
  28. Charlotte Hornets: $1.05 billion
  29. Memphis Grizzlies: $1.025 billion
  30. New Orleans Pelicans: $1 billion

For comparison’s sake, Forbes’ 2017 valuations can be found right here.

Knicks Rumors: Payton, Noah, Biyombo, Hernangomez

The Knicks got some devastating news on Tuesday night, as an MRI revealed that Kristaps Porzingis suffered a torn ACL, sidelining him for the rest of the 2017/18 season — and likely for the start of next season too.

After a solid start to the year, there was speculation that the Knicks could remain in the playoff picture in the East, with key contributors like Porzingis and Enes Kanter publicly encouraging the organization to push for the postseason rather than selling off assets. Already mired in a slump though, the Knicks are now nine games below .500 and their playoff hopes appear to be on life support.

With the Porzingis injury further reducing the Knicks’ chances of making a late-season run, members of the franchise have already discussed giving the team’s young players more minutes for the rest of the year, sources tell Ian Begley of ESPN (Twitter link). While Begley says it’s not clear yet whether that’s the definitive plan, it would certainly make sense to shift in that direction.

Here’s more on the Knicks:

  • The Knicks have checked in on Magic guard Elfrid Payton, according to Marc Berman of The New York Post, who notes that Knicks GM Scott Perry was a member of Orlando’s front office when the club drafted Payton. Berman adds that Perry and the Knicks view Payton as the type of athletic player they covet, and believe the fourth-year point guard has more upside as a defender than the advanced metrics suggest.
  • According to Berman, the Knicks and Magic have engaged in preliminary talks about Payton, and the two teams have discussed the possibility of including highly-paid bigs Joakim Noah and Bismack Biyombo in a deal. Still, these talks occurred before Porzingis went down on Tuesday, so it’s not clear how that injury impacts New York’s plans.
  • The Nuggets are one of about a dozen teams that have inquired on Willy Hernangomez, but the young center isn’t being discussed in talks with the Magic, sources tell Berman. The Knicks would likely move Hernangomez if they could get a first-round pick or a promising young player at a different position in return, says Berman.
  • With Porzingis potentially sidelined until the 2019 calendar year, ESPN’s Kevin Pelton examines how the injury will affect the Knicks’ offseason plans. If Porzingis misses a good chunk of the 2018/19 season, the team may end putting off any major veteran additions until at least 2019, Pelton notes. He adds that the injury could make a Courtney Lee trade more viable for the Knicks, since Lee is more of a win-now piece.

Latest On Thunder’s Search For Wing Help

With Andre Roberson sidelined for the rest of the season, the Thunder are on the lookout for help on the wing. With less than 48 hours left until the arrival of this year’s trade deadline, let’s check in on the latest reports on OKC’s options…

  • There’s a “growing expectation” that the Thunder will make a move in advance of the trade deadline, since there’s a lot riding on this season, says ESPN’s Royce Young. Oklahoma City would prefer not to give up rookie Terrance Ferguson in a deal for a veteran rental though, Young adds.
  • TNT’s David Aldridge (Twitter link) identifies Maurice Harkless and Tony Allen as two potential targets to watch for the Thunder. Harkless would be an interesting fit, though it may be difficult for the Trail Blazers and Thunder to figure out a deal, since both teams are projected taxpayers and will be reluctant to add salary. As for Allen, Aldridge tweets that the veteran swingman has been cleared to play after recovering from his broken leg, but will need some time to get back to full speed.
  • The Thunder have done “due diligence” on Clippers guard Avery Bradley and Magic swingman Jonathon Simmons, per Chris Mannix of Yahoo Sports. Mannix suggests that the Thunder might wait until closer to the deadline in the hopes that teams’ asking prices come down, noting that they could also wait until after the deadline and take their chances on what’s expected to be a “robust” buyout market.
  • Within his trade deadline preview, Jake Fischer of SI.com writes that the Thunder have shown interest in Clippers guard Lou Williams and expressed “serious” interest in Grizzlies guard Tyreke Evans.
  • Oklahoma City has also been linked to Rodney Hood.

Mannix’s Latest: G. Hill, Hornets, Hawks, Suns

The Cavaliers continue to engage the Kings about a possible George Hill trade, sources tell Chris Mannix of Yahoo Sports. However, the Cavs would like to include both J.R. Smith and Iman Shumpert in their package for Hill, and taking on multiple expensive non-expiring contracts doesn’t appeal to Sacramento. Meanwhile, the Kings are quietly looking to get a third team involved in a potential deal, according to Mannix.

Mannix’s latest trade rumor roundup features several more tidbits of interest related to Thursday’s deadline, so we’ll pass along the highlights…

  • The future of GM Rich Cho in Charlotte is uncertain, which may complicate the Hornets‘ deadline plans. According to Mannix, there are rumblings about former Lakers GM Mitch Kupchak being a candidate to join the Hornets’ front office in the offseason. Gery Woelfel of The Racine Journal Times wrote last week that Kupchak is considered likely to be hired by an Eastern Conference team this summer.
  • Some teams with interest in Marcus Smart view the Celtics‘ asking price of a first-round pick as “unrealistic,” says Mannix.
  • The Hawks have made “everyone” available, and while much has been written about the club’s veteran trade candidates, second-year swingman Taurean Prince is another player who has drawn interest, according to Mannix.
  • The Magic have shopped Mario Hezonja “hard” in recent days, per Mannix.
  • According to Mannix, the Suns are willing to move veterans like Tyson Chandler and Jared Dudley. Neither player’s contract is particularly team-friendly though, so it may be tough for Phoenix to find any value.
  • The Clippers say they’re okay with holding onto DeAndre Jordan and Lou Williams through the deadline, but rival clubs are skeptical, says Mannix.

Lowe’s Latest: Cavs, Jordan, Magic, Nuggets, Sixers

On Monday, we rounded up some of the highlights from a Lowe Post podcast featuring ESPN’s Zach Lowe and Adrian Wojnarowski. Late last night, Lowe published an extensive look at the trade market at ESPN.com, following up on some of the scuttlebutt he shared in that podcast. While there are a few repeated items with Lowe’s piece, he also has plenty of new notes for us as Thursday’s trade deadline approaches. Let’s dive in…

  • Lowe views Marc Gasol as a target that would make sense for the Cavaliers if they’re willing to trade the Nets’ 2018 first-rounder. However, he notes that the Grizzlies seem satisfied to stand pat, and the two teams haven’t discussed Gasol. Rival executives also say that the Cavs continue to act as if they won’t trade the Brooklyn pick.
  • Outside of the teams already known to have expressed interest in DeAndre Jordan – such as the Rockets, Bucks, and Trail Blazers – the Wizards are another club that has looked into the Clippers center, says Lowe. However, despite investigating the market for Jordan, Washington hasn’t gained any momentum toward a deal.
  • Every Magic player except for Aaron Gordon and Jonathan Isaac is “readily available,” sources tell Lowe. Most people around the league think that Elfrid Payton will be playing somewhere besides Orlando next season, Lowe adds.
  • As Lowe observes, Nuggets may not be able to afford Will Barton‘s next contract, but the team appears okay with holding onto him through the deadline and risking losing him for nothing this summer. Denver also remains on the lookout for point guards, having kicked the tires on Pacers backup Cory Joseph, per Lowe. However, potential targets like Joseph and Garrett Temple may not be viable due to the guaranteed 2018/19 money on their contracts.
  • The Sixers are approaching the trade deadline as buyers, but no longer have as many extra first-round draft picks as they’ve had in recent years, so they may only willing to dangle second-rounders, says Lowe.
  • According to Lowe, the Timberwolves have been very cautious about discussing the 2018 first-rounder they’ll get from the Thunder, since they recognize they’ll need cheap players to fill out the roster as Andrew Wiggins and Karl-Anthony Towns get very expensive.
  • The Warriors remain on the lookout for bench help — they inquired on Avery Bradley, but got nowhere, league sources tell Lowe.
  • The Heat don’t appear to have traction on any major deals, according to Lowe.

Thunder, Bulls, Others Eyeing Rodney Hood

The Thunder, Bulls, and Pistons are among the teams showing interest in Jazz guard Rodney Hood as Thursday’s trade deadline nears, according to Tony Jones of The Salt Lake Tribune. League sources tell Jones that the Nuggets and Magic have also displayed “at least a passing interest” in Hood.

The Jazz have reportedly been exploring the trade market for Hood for at least the last few weeks, and Jones suggests the team is seeking “an asset” in return. While a first-round pick would be ideal, Utah may need to take on a bad contract in order to land a draft pick of that caliber, and it’s not clear whether the club is willing to do that, says Jones.

Hood, 26, is having the best offensive season of his career in 2017/18, averaging 16.4 PPG and shooting 38.7% on three-point attempts — both marks are career highs. However, he has once again been limited by injuries, a recurring issue throughout his NBA career. A fourth-year guard, Hood has only played more than 59 games in a season once so far.

As for Hood’s potential suitors, it’s no surprise that the Thunder, Bulls, and Pistons would have some interest, as all three teams could use another young shooter. However, Oklahoma City’s trade assets are limited, and Vince Ellis of The Detroit Free Press tweets that Detroit’s interest in Hood was stronger before the Blake Griffin trade. With Griffin’s long-term salary on their books, Ellis notes, the Pistons are less inclined to explore a swap of Stanley Johnson for Hood, since Johnson’s affordable rookie contract runs through 2019, while Hood will get expensive in restricted free agency this summer.

Meanwhile, Alec Burks is also generating some trade interest around the NBA, according to Jones. However, Jones cautions that Burks’ contract, which pays him $11.5MM in 2018/19, is limiting his appeal to some extent.