Month: November 2024

NBA Fines Warriors Owner Joe Lacob $500K

July 20th, 2022 at 9:07pm CST by Rory Maher

The NBA has fined Warriors owner Joe Lacob $500K for violating the league’s policy regarding publicly discussing collective bargaining talks, which are currently ongoing between the league and the Players Association, sources tell Adrian Wojnarowski of ESPN.

Lacob described the NBA’s luxury tax system as “very unfair” last week on the Point Forward podcast hosted by Andre Iguodala and Evan Turner, per Wojnarowski.

“The hardest thing of all is navigating this luxury tax, unfortunately,” Lacob said. “I went back to New York this week for labor meetings. I’m on the committee. And you know, obviously, the league wants everyone to have a chance and right now, there’s a certain element out there that believes we ‘checkbook win…’ We won because we have the most salaries on our team.

“The truth is, we’re only $40 million more than the luxury tax. Now, that’s not small but it’s not a massive number. We’re $200 million over in total because most of that is this incredible penal luxury tax. And what I consider to be unfair and I’m going to say it on this podcast and I hope it gets back to whoever is listening. Obviously, it’s self-serving for me to say this, but I think it’s a very unfair system because our team is built by….all top eight players are all drafted by this team.”

Lacob was referring to the “repeater” luxury tax penalties given to teams, like the Warriors, that have been taxpayers in three of the previous four seasons. Last season, Golden State was hit with a record $170,331,194 luxury tax payment — nearly breaking the previous league-wide record for total luxury tax payments, which was $173.3MM back in 2002/03. The seven taxpaying teams in ’21/22 shattered that record with a staggering combined total of $481,021,386.

The Warriors are projected to have a $181.3MM luxury tax bill in ’22/23, according to ESPN’s Bobby Marks, who tweets that the bill could balloon to over $200MM in ’23/24 if the team gives Andrew Wiggins and Jordan Poole extensions.

Lakers, Pacers Reengage In Buddy Hield Trade Talks

July 20th, 2022 at 5:21pm CST by Rory Maher

The Lakers and Pacers have reengaged in trade talks centered around Indiana sharpshooter Buddy Hield, ESPN’s Dave McMenamin reported on Wednesday during an appearance on NBA Today (video link).

The Lakers, of course, nearly traded for Hield last summer, but instead pivoted to acquire Russell Westbrook, so the deal fell apart. However, Hield has been linked to L.A. numerous times over the past month, with reports indicating that general manager Rob Pelinka continues to express interest in the veteran guard, who was Pelinka’s former client when he was an agent.

McMenamin doesn’t specify whether the recent talks involved Westbrook this time around or not, noting that it’s possible that Talen Horton-Tucker could have been dangled by the Lakers instead. Hield’s declining contract structure — he made $23MM last season but $21.2MM in 2022/23 — makes it easier for the Lakers to match his incoming salary without including Westbrook.

Hield, 29, appeared in 81 games last season (32 starts, 30.9 MPG) split between the Kings and Pacers, averaging a combined 15.6 PPG, 4.4 RPG and 2.8 APG on .406/.366/.874 shooting. He was dealt to the Pacers as part of the trade that sent Tyrese Haliburton to Indiana and Domantas Sabonis to Sacramento.

Hield has been a poor defensive player his entire career, but his best skill is something that’s always in demand — he’s a high-volume three-point shooter who has converted 39.8% of his career attempts behind the arc, and the Lakers struggled in that department last season, ranking 22nd in the league in three-point percentage. By contrast, Westbrook shot just 29.8% from deep last season, and Horton-Tucker was even worse at 26.9%.

McMenamin, like his ESPN colleague Brian Windhorst, reiterates that there’s “no traction” on a Westbrook/Kyrie Irving swap between the Lakers and Nets.

JaMychal Green Bought Out By Thunder, Plans To Join Warriors

July 20th, 2022 at 4:38pm CST by Dana Gauruder

JULY 20: Green has officially been waived by the Thunder, the team announced (via Twitter). He will clear waivers on Friday.

JULY 19: Veteran forward JaMychal Green is negotiating a contract buyout with the Thunder, Adrian Wojnarowski of ESPN tweets. Once it is completed and he clears waivers, Green intends to sign with the defending champion Warriors.

Oklahoma City had sought to deal Green after acquiring him from the Nuggets last month. That didn’t happen and now Green is looking to help Golden State defend its latest title.

Green, 32, is at the stage of his career where he provides greater value to a contender than a rebuilding team. He’s on an $8.2MM expiring contract for 2022/23.

On a veteran’s minimum deal for a player with eight years of service, Green can sign with the Warriors for $2,628,597. Golden State’s cap hit would be $1,836,090, Bobby Marks of ESPN tweets.

Golden State only has 11 players on its 15-man roster, along with two unsigned second-round picks. Thus, there’s plenty of roster room for the Warriors to bring in Green.

Denver dealt Green to the Thunder in June. The Nuggets also sent a protected 2027 first-round pick to the Thunder in exchange for the draft rights to No. 30 pick Peyton Watson and two second-rounders (one in 2023 and one in 2024).

Green had a down year in 2021/22, averaging 6.4 PPG and 4.2 RPG on .486/.266/.871 shooting in 67 games (16.2 MPG) for the Nuggets, but has proven to be an effective stretch four over the years. Entering ’21/22, he had knocked down 38.0% of his three-point attempts in his first seven NBA seasons.

He’ll provide depth for Golden State at power forward behind Draymond Green and Jonathan Kuminga.

Oklahoma City is still in the process of paring down its overloaded roster. The team will have 19 players officially under contract once Green is officially cut.

J.J. Barea Announces Retirement

July 20th, 2022 at 4:20pm CST by Luke Adams

Following the elimination of his Puerto Rican team – Cangrejeros de Santurce – from the Baloncesto Superior Nacional (BSN) playoffs this week, veteran guard J.J. Barea said in a Spanish-language interview that he intends to retire as a basketball player, according to Jorge Figueroa Loza of El Nuevo Día (hat tip to Eurohoops).

“I’m ready,” Barea said, according to a translation provided to Hoops Rumors. “Last year was tough mentally, and I wasn’t ready. This year I am, and I’m at peace with retiring.”

Barea last appeared in the NBA when he played 29 games in 2019/20 for the Mavericks. He subsequently spent a few months with Estudiantes in Spain at the start of 2021, then joined Cangrejeros de Santurce in his native Puerto Rico last May, re-signing with the team in February 2022.

Barea, who previously played for Cangrejeros de Santurce in 2006, expressed satisfaction that he got to finish his career with the Puerto Rican squad, even though the club was eliminated in the postseason quarterfinals in back-to-back years and a left leg injury prevented the 38-year-old from playing in the last game of the season.

From 2006-20, Barea appeared in a total of 831 regular season NBA games and 50 more playoff contests for Dallas and Minnesota, averaging 8.9 PPG, 3.9 APG, and 2.1 RPG on .424/.352/.794 shooting in 19.6 MPG. He was a key member of the Mavericks team that won a title in 2011, appearing in all 21 playoff games during the championship run.

Now that he has retired as a player, Barea said he plans to “take a break from basketball” to mentally recharge. However, he seems likely to end up sooner or later in a coaching role for one of his former teams.

He told El Nuevo Día that he’d liked to remain involved with Cangrejeros de Santurce, and also spoke last summer after working with Dallas’ Summer League team about his interest in a position with the Mavs.

Thunder Sign Kenrich Williams To Four-Year Extension

July 20th, 2022 at 3:58pm CST by Luke Adams

JULY 20: The Thunder have officially finalized Williams’ extension, the team announced today in a press release.

JULY 18: The Thunder have reached an agreement with forward Kenrich Williams on a four-year contract extension worth $27.2MM, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

Williams, who will earn $2MM this season, is in the final year of his current contract, so his new deal will begin a year from now and will run through the 2026/27 campaign. His $2MM salary for ’22/23 had been non-guaranteed, but it’ll become protected as part of the extension agreement, tweets ESPN’s Bobby Marks.

According to Joe Mussatto of The Oklahoman (Twitter link), the first three years of the extension will be guaranteed, while the fourth will be a team option.

Williams, 27, is an unlikely extension recipient. The veteran swingman, who began his college career at New Mexico Junior College and went undrafted in 2018, spent his first two professional seasons with the Pelicans before being signed-and-traded to Oklahoma City in the Steven Adams deal during the 2020 offseason as a throw-in piece for salary-matching purposes.

After shooting just .371/.304/.489 in 85 games with New Orleans, Williams developed a more reliable three-point shot in Oklahoma City, boosting his shooting percentages to .501/.391/.559 in 115 games over the last two seasons. He’s also a solid, versatile defender who has now averaged 21-plus minutes per game for four straight years.

Williams is the eight player to agree to a veteran contract extension so far during the 2022/23 league year, as our tracker shows.

Because his extension exceeds three total years (including the one left on his current deal), Williams will be ineligible to be traded for six months once he officially signs his deal.

Agent: Vasilije Micic To Remain With Anadolu Efes

July 20th, 2022 at 3:52pm CST by Luke Adams

After winning back-to-back EuroLeague titles with Anadolu Efes, Serbian guard Vasilije Micic will return to the Turkish team for the 2022/23 season, his agent Misko Raznatovic announced today on Twitter.

Micic, who was named the Final Four MVP in both 2021 and 2022 and was also the EuroLeague’s Most Valuable Player in ’21, has talked repeatedly this year about his desire to make the move to the NBA. However, his draft rights are held by the Thunder, so he wouldn’t be free to sign with any team if he comes stateside.

According to reports, Micic’s representatives had hoped the Thunder would traded the 28-year-old’s rights so that he could join a team closer to contention. The Nuggets, Bucks, Bulls, and Spurs were said to be among the clubs with some interest. However, Oklahoma City values Micic and didn’t want to just give him away — apparently, the team couldn’t find a deal it liked.

Micic already had a contract with Anadolu Efes for 2022/23, so no new agreement is necessary. If he had decided to sign an NBA contract this offseason, he could have been bought out of his deal with the Turkish club.

Although Raznatovic’s tweet doesn’t provide any clues about his client’s intentions beyond ’22/23, it’s probably safe to assume Micic will consider a move to the NBA again next summer — especially if the Thunder trade his rights between now and then.

Thunder, Rockets Among Teams Facing Roster Crunch

July 20th, 2022 at 1:50pm CST by Luke Adams

We’re approximately three months away from the deadline for NBA teams to finalize their rosters for the 2022/23 regular season, so there’s no urgency for those clubs to get their 15-man squads in order anytime soon.

Still, there are already a small handful of teams that are carrying more than 15 players on guaranteed contracts for ’22/23. Sooner or later, those teams will have to trade or release one or more of those players in order to get down to the regular season limit.

[RELATED: 2022/23 NBA Roster Counts]

Here’s an early look at the teams that will have some decisions to make:

Teams with more than 15 guaranteed contracts:

Oklahoma City Thunder

17 guaranteed contracts
1 partially guaranteed contract

The Thunder will technically dip to 16 players on fully guaranteed contracts once JaMychal Green‘s reported buyout is completed, but that number will climb back to 17 once Mike Muscala officially re-signs with the team.

There are a number of directions Oklahoma City could go with its final roster spots, but at least three players (besides Green) will have to be traded or released. The best candidates appear to be Derrick Favors, Ty Jerome, Theo Maledon, Darius Bazley, and Vit Krejci (who has the lone partially guaranteed contract).

None of those five players is owed guaranteed money beyond this season — Favors, Jerome, and Bazley are on expiring contracts, while Maledon and Krejci have non-guaranteed salaries beyond 2022/23.

By reaching a buyout agreement with Green, the Thunder signaled they’re not necessarily prioritizing keeping bigger expiring deals around for potential trades later in the offseason or during the season, so Favors ($10.2MM), Bazley ($4.3MM), and Jerome ($4.2MM) certainly aren’t locks to make it to opening night.

Houston Rockets

18 guaranteed contracts

The Rockets’ roster surplus is largely a result of the four-for-one trade they made with Dallas for Christian Wood. Sterling Brown, Trey Burke, Marquese Chriss, and Boban Marjanovic came to Houston in that deal, but reports have suggested that at least two or three of those players probably won’t be on the team’s opening night roster.

Marjanovic is said to be the most likely of the four to remain in Houston. Trading or waiving the other three would get the Rockets down to the 15-man regular season limit.

The club could also explore other moves to pare down its roster count. Eric Gordon and Kenyon Martin Jr. are among the players who have frequently been mentioned as potential trade candidates.

Teams with more than 15 players on standard contracts:

Note: Exhibit 10 deals aren’t considered standard contracts for the purpose of this section.

Memphis Grizzlies

15 guaranteed contracts
1 partially guaranteed contract

Danny Green looks like the probable odd man out in Memphis. His $10MM salary is only partially guaranteed (for $6.96MM) and he’ll likely miss most or all of the 2022/23 season while he recovers from a torn ACL.

Still, I wouldn’t consider that a lock quite yet. Green could be a valuable piece in the postseason if he has recovered by then — and if his recovery does take longer than he anticipates, his $10MM expiring contract could still be a useful asset at the 2023 deadline. Perhaps the Grizzlies will find a small deal involving a player like Santi Aldama, Killian Tillie, or Xavier Tillman before the season begins in order to make room on the 15-man squad for Green.

Toronto Raptors

12 guaranteed contracts
4 partially guaranteed contracts
1 unsigned second-round pick

While second-round picks are often signed to two-way contracts or stashed overseas, that rarely happens for a player selected as high as Christian Koloko was (No. 33). Those players usually receive at least a couple guaranteed seasons, and I’d expect the Raptors to take that route with Koloko.

If they do, that would leave four players on partially guaranteed contracts – Justin Champagnie, Dalano Banton, Armoni Brooks, and D.J. Wilson – vying for the final two roster spots. If the Raptors want to keep more than one of those players, or if they’d like to promote two-way RFA David Johnson to the 15-man roster, Svi Mykhailiuk could be a release candidate, despite having a guaranteed minimum salary.

Philadelphia 76ers

12 guaranteed contracts (once James Harden re-signs)
2 partially guaranteed contracts
2 non-guaranteed contracts

The Sixers don’t have a major crunch, but after Harden re-signs, there will only be three roster spots available for four players without full guarantees.

One of those players is Trevelin Queen, who has a $330K partial guarantee and was just signed this offseason. Those factors will likely give him a leg up on a 15-man roster spot. Charles Bassey also has a small partial guarantee (about $75K), while Isaiah Joe and Paul Reed are on non-guaranteed contracts.

In order to keep all four players, the Sixers would have to make a trade or a cut to reduce their roster count. Tobias Harris, Matisse Thybulle, Furkan Korkmaz, and Shake Milton are among the players who have been mentioned in trade rumors this offseason.

Cleveland Cavaliers

13 guaranteed contracts
2 non-guaranteed contracts
1 RFA

At this point in the offseason, restricted free agent guard Collin Sexton looks like a solid bet to end up back in Cleveland. If he returns to the Cavaliers, they’ll have 14 players on guaranteed contracts, plus Dean Wade and Lamar Stevens on non-guaranteed deals.

If the Cavs want to keep both Wade and Stevens, Dylan Windler could be the odd man out. He’s on an expiring contract and has struggled to find a place in the rotation while battling injuries in his first three NBA seasons.

Detroit Pistons

15 guaranteed contracts
1 signing to come

The Pistons have yet to formally sign Kevin Knox — they’re likely waiting to determine if and how they’ll use their cap room, since Knox’s reported two-year, $6MM deal could fit into their room exception if it has to.

Knox would be Detroit’s 16th player on a guaranteed contract, but the fix looks pretty simple. Kemba Walker‘s reported buyout agreement with the Pistons isn’t yet official. Once Walker is bought out and Knox signs, the team will be back at 15 guaranteed contracts.

Orlando Magic

15 guaranteed contracts
1 non-guaranteed contract

Barring a surprise, Devin Cannady – the only player without a guaranteed contract – will likely be the casualty of Orlando’s roster crunch.

Southeast Notes: Strus, Adebayo, Bridges, Wizards

July 20th, 2022 at 12:19pm CST by Luke Adams

Heat swingman Max Strus said during a visit to a local youth camp on Tuesday that he’s “excited” about the club’s current roster, but acknowledged he has heard the rumors about the possibility of Miami acquiring a star player like Kevin Durant or Donovan Mitchell, per Ira Winderman of The South Florida Sun Sentinel.

As Winderman notes, it’s possible that if the Heat were able to make a trade for a star, Strus would be included in the outgoing package. While Strus admitted that there’s some uncertainty about his future, he said he’s trying not to think about it until “something happens,” adding that he certainly understands why the team would be motivated to find a way to trade for a player like Durant.

“How can you not want a guy like Kevin Durant?” Strus said. “He’s a once-in-a-generation type player and great player in the game and one of the best of all time. I’m excited to see what happens and I hope the best for him and the best for our team. That’s all that really matters.”

Here’s more from around the Southeast:

Because the Nets can’t acquire Bam Adebayo as long as Ben Simmons is on their roster due to the designated rookie rules, there hasn’t been much discussion about whether the Heat would even be willing to part with Adebayo in a hypothetical Durant deal. Barry Jackson of The Miami Herald explores that topic and speaks to a pair of scouts who both say they’d be comfortable parting with Adebayo to land Durant if the Simmons conflict wasn’t an issue.
After Miles Bridges was formally charged with felony domestic abuse in Los Angeles County on Tuesday, the Hornets issued a brief statement on the situation: “We are aware of the charges that were filed today against Miles Bridges. These are very serious charges that we will continue to monitor. As this is a legal matter, we will have no further comment at this time.” The Hornets still have a qualifying offer out to Bridges, but his restricted free agency is unlikely to be resolved before the two sides get a clearer sense of how his legal case may play out.
In his latest mailbag, Josh Robbins of The Athletic explores a handful of Wizards-related topics, including the trade value of the team’s young players and how willing the front office would be to trade another first-round pick. Robbins also says he could see Deni Avdija taking a significant step forward in 2022/23 and wonders if Washington will trim its standard roster to 14 players by opening night to maximize its flexibility (the team currently has 15 on guaranteed contracts).

Trade Rumors: Durant, Mitchell, Irving, Westbrook, Conley

July 20th, 2022 at 10:57am CST by Luke Adams

With the 2022 Las Vegas Summer League in the books and training camps not scheduled to open for more than two months, many NBA executives are preparing to take vacations, which may delay resolution for the league’s top trade candidates, including Nets star Kevin Durant.

“From what I understand, the trade talks involving Kevin Durant have slowed to a trickle,” Brian Windhorst said on Wednesday during an appearance on ESPN’s Get Up (video link via Talkin’ NBA). “You can still get some Nets folks on the phone if you want to make an offer, but they are not aggressively, I am told, making outgoing calls.

“The league is about to go on their first significant vacations in two years. People are scattering to Europe and the national parks, and Kevin Durant is still a Net. I don’t think that’s going to change in the short-term future.”

As Windhorst alludes to, the 2020 and 2021 offseasons were compressed due to changes to the NBA calendar caused by COVID-19. This is the first full, normal offseason for the league since 2019.

Not everyone will be on vacation for the next two months, so it’s certainly possible that trade discussions will pick up in August or early September — or even later this month. Still, the break in the NBA calendar figures to slow down momentum toward any major deals. That applies to the Jazz‘s Donovan Mitchell talks as well, Windhorst said.

“The Donovan Mitchell situation is really headed towards a stalemate,” Windhorst said on Get Up (video link via Talkin’ NBA). “The sticker shock is out there for the price that the Jazz are asking, and the Jazz are like, ‘Look, we are in no rush. We’re going to sit back and wait for you to meet it.’ The teams are like, ‘We’re not going to increase our (offers).’ And Donovan Mitchell is not pushing it, so I hope everybody enjoys their summer.”

Here are a few more trade rumors from around the NBA:

Windhorst suggested during Wednesday’s episode of Get Up (video link) that he doesn’t view a Kyrie Irving/Russell Westbrook trade between the Nets and Lakers as especially likely at this point: “It’s been discussed weeks ago and hasn’t advanced.”
Windhorst also said the motivation for Durant’s trade request out of Brooklyn remains somewhat vague, which may be one reason why no real progress has been made toward a resolution. “He spoke to the owner, Joe Tsai, and gave a reason (why he wanted to be traded), but I’m not sure the Nets are 100% on the understanding of it,” Windhorst said. “I think the next step in this – barring a team’s change of heart to meet the Nets’ price, which I don’t see at this point on the calendar – I think we’re going to have to wait to hear from Kevin Durant about how open he is to running it back with the Nets. Here we go, as everybody breaks for summer, sitting and waiting for that to happen.”
Appearing on a Spotify Live session with Marc Stein, Tony Jones of The Athletic confirmed that the Jazz have had trade discussions with teams this offseason about point guard Mike Conley, but admitted that he’s not sure there’s much of a market out there for Conley at this point (hat tip to HoopsHype). Conley has a $22.68MM cap hit in 2022/23, with a partial guarantee ($14.32MM) on his $24.36MM salary for ’23/24.

How Teams Are Using 2022/23 Bi-Annual Exceptions

July 20th, 2022 at 10:00am CST by Luke Adams

The bi-annual exception is one of the tools available to NBA teams who are over the cap, giving those clubs the flexibility to offer free agents more than the minimum salary. In 2022/23, the bi-annual exception is worth $4,105,000, and can be used to offer a deal worth up to $8,415,250 over two years.

However, the bi-annual exception isn’t available to every team. Clubs that go below the cap in order to use cap room lose access to the exception. Additionally, using the BAE imposes a hard cap of $156,983,000 (the tax apron) on a team. So if a club has surpassed the tax apron – or wants to retain the flexibility to do so – it can’t use the bi-annual exception.

Finally, as its name suggests, the bi-annual exception can’t be used by a team in consecutive years. In 2021/22, two teams used the BAE — the Mavericks (Sterling Brown) and Bulls (Tristan Thompson). As such, the exception isn’t available to those clubs during the 2022/23 league year. They’ll be able to use it again next summer.

With all those factors in mind, here’s a breakdown of how teams are using – or not using – their respective bi-annual exceptions in 2022/23:

Available Bi-Annual Exceptions:

Unused:

Atlanta Hawks
Charlotte Hornets
Cleveland Cavaliers
Houston Rockets
Memphis Grizzlies
Minnesota Timberwolves
New Orleans Pelicans
Oklahoma City Thunder
Orlando Magic
Portland Trail Blazers
Sacramento Kings
Toronto Raptors
Utah Jazz
Washington Wizards

Although all of these teams technically have the ability to use their bi-annual exceptions at some point in 2022/23, it’s more realistic for some than others. For instance, the Hawks still have their full mid-level exception available and are already right around the luxury tax line, so there’s virtually no chance they’ll end up using the BAE this season.

Used:

Philadelphia 76ers
- Used: $4,105,000 (Danuel House)
- Available: $0
Miami Heat
- Used: $3,114,138 (Kevin Love)
- Available: $0

Typically, about three or four teams in a given league year use the bi-annual exception, but Philadelphia was the only team to do so during the 2022 offseason. The Sixers took advantage of the ability to use their BAE after James Harden agreed to take a pay cut that will allow the team to stay under the hard cap.

The Heat, meanwhile, used their BAE to sign Love in February, so they only had the prorated portion left on the exception, which began to decrease in value on January 10.

Unavailable Bi-Annual Exceptions:

Went under cap:

Detroit Pistons
Indiana Pacers
New York Knicks
San Antonio Spurs

These four teams forfeited their right to the bi-annual exception when they went under the cap and used space this offseason.

Over (or near) tax apron:

Boston Celtics
Brooklyn Nets
Denver Nuggets
Golden State Warriors
Los Angeles Clippers
Los Angeles Lakers
Milwaukee Bucks
Phoenix Suns

In theory, cost-cutting moves by these teams could put them in position to use their bi-annual exceptions. In actuality though, that possibility is remote, especially for teams like the Clippers, Warriors, and Nets, who are far over the tax apron.

Used last year:

Chicago Bulls
Dallas Mavericks

As noted in the intro, these are the two teams that used their bi-annual exceptions in 2021/22 and, as a result, won’t have them again until 2023/24.

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