Hawks Rumors

Hawks Waive Nene

The Hawks have officially requested waivers on Nene, announcing the move in a press release a day after they acquired him from Houston in a four-team, 12-player trade.

Nene, 37, re-signed with the Rockets last summer after averaging 3.6 PPG and 2.9 RPG in 42 games (13.0 MPG) in 2018/19. Although he got a two-year deal from Houston, it was a complicated, incentive-heavy contract that was only guaranteed for about $2.56MM. The terms of the contract, which were designed to make him a trade chip, made it a virtual certainty that he wouldn’t play much, if at all, this season. He has yet to appear in a game.

Unfortunately for the Rockets, the NBA ruled that only the guaranteed portion of Nene’s contract could be counted for salary-matching purposes, reducing his trade value. However, the team still ended up moving him in the sprawling four-way deal that also sent Clint Capela to Atlanta.

Nene would be eligible to sign with any team except the Rockets once he clears waivers and reaches free agency on Saturday. He dealt with an adductor strain earlier in the season, so it’s not clear if he’s healthy enough to contribute at this point.

With Nene off the roster, the Hawks now have an opening on their 15-man squad. They’ll create another one when they officially send Jabari Parker and Alex Len to Sacramento for Dewayne Dedmon. While more deals could be coming for Atlanta, I’d expect the team to use the last spot or two on its roster to audition some players on 10-day contracts going forward.

Wolves, Hawks, Rockets, Nuggets Complete Four-Team Trade

FEBRUARY 5: The trade is now official, with Twitter announcements from the RocketsTimberwolves and Nuggets confirming the deal. Atlanta also formally waived Chandler Parsons to accommodate the trade, as detailed earlier.

FEBRUARY 4: The Timberwolves, Hawks, Rockets, and Nuggets are in agreement on a massive four-team trade, according to ESPN’s Adrian Wojnarowski (Twitter link). Shams Charania of The Athletic first reported (via Twitter) that the four clubs were close to reaching a deal, while Woj says (via Twitter) the players involved are now being informed.

According to Wojnarowski (Twitter link), Charania (Twitter links), Jon Krawczynski of The Athletic (Twitter link), and Jonathan Feigen of The Houston Chronicle (Twitter link), the trade looks like this:

There have been rumors for the last several days suggesting that a trade like this one could be in play. An earlier variation had the Warriors in Denver’s place, with the Wolves pursuing D’Angelo Russell, but Golden State backed off those talks earlier on Tuesday, leaving Minnesota, Houston, and Atlanta to work out a new agreement.

Let’s break down how the deal will impact each team…

Houston Rockets:

Daryl Morey‘s group has long been on the lookout for an upgrade on the wing, and they’ll get their man in Covington, a three-and-D specialist who is on a team-friendly contract that’s worth $11.3MM this season and runs through 2021/22.

The Rockets gave up two valuable assets in Capela and their 2020 first-round pick to bring in Covington, Bell, and a second-round pick. By moving Nene and Green in the deal, the team will also move well below the luxury-tax line, which would be a favorable outcome for ownership — while Tilman Fertitta has claimed to have signed off on the club being a taxpayer, it looks like this could be the second straight season that the Rockets sneak out of the tax at the deadline.

On the other hand, as Wojnarowski points out (via Twitter), the structure of the deal would allow Houston to take back up to another $12MM in salary. So until the trade is made official, there’s a window for the Rockets to potentially expand it even further to include another team and player, assuming they find a suitable target, agree on compensation, and are willing to go back into the tax. That won’t be easy, however.

While Bell could play some minutes at the five, the Rockets will remain on the lookout for a more reliable replacement for Capela, either via a trade or on the buyout market, tweets Jonathan Feigen of The Houston Chronicle. Houston’s go-to lineup will feature P.J. Tucker at center, but the team still wants a more traditional big to match up with star bigs in the playoffs, notes Tim MacMahon of ESPN (via Twitter).

MacMahon also adds (via Twitter) that Green, who is likely out for the season with a broken foot, had the ability to veto his inclusion in this trade, but won’t do so.

The move will reduce the Rockets’ roster count to 13 players on standard contracts, so the team will have two weeks to get back up to the NBA’s required minimum of 14 players.

Denver Nuggets:

The Nuggets were said to be seeking a first-round pick for Beasley and a second-round pick for Hernangomez, their two restricted-free-agents-to-be. They won’t quite meet that asking price, but they’ll at least get the first-rounder they were looking for, acquiring Houston’s 2020 pick in the deal.

In addition to sending out Beasley and Hernangomez, Denver also moved Vanderbilt and will bring back four players: Green, Bates-Diop, Napier, and Vonleh. The team had an open spot on its 15-man roster, so no one will have to be waived, though MacMahon reports (via Twitter) that Green is expected to be cut after the trade is official, once again opening up that last roster spot.

As ESPN’s Adrian Wojnarowski observes (via Twitter), Napier and Vonleh are capable of playing rotation minutes and providing depth off the bench for the Nuggets. Bates-Diop will probably be further down on the depth chart. Napier and Vonleh will be unrestricted free agents at season’s end, while KBD has a non-guaranteed minimum salary for 2020/21.

Having previously traded away their own 2020 first-round selection for Jerami Grant, the Nuggets can get back into this year’s draft with Houston’s first-rounder. Of course, with Wojnarowski suggesting Denver will continue to be active before Thursday’s deadline, that pick could theoretically be flipped in another move.

Atlanta Hawks:

The Hawks have been linked to several centers over the course of the season, reportedly expressing interest in Andre Drummond, Steven Adams, and Dewayne Dedmon, among others. In recent days, the club appeared to be zeroing in on Capela, a big man whose rim-running ability will complement Trae Young on offense and whose rim-protecting ability could help bail out Young on defense.

Atlanta will surrender Turner’s expiring contract, Brooklyn’s lottery-protected 2020 first-round pick, and an extra future second-round pick in order to lock up Capela. The move will give the Hawks some cost certainty in the middle — Capela, who has a $14.9MM cap hit in 2019/20, has three more years and about $51.3MM left on his contract after this season. He won’t be eligible for free agency until the summer of 2023.

Acquiring a center now rather than waiting until the summer and trying to land one in free agency will give the Hawks the opportunity to evaluate how Capela looks next to big man John Collins. A heel injury is currently nagging Capela, but it’s not believed to be an issue that jeopardizes the rest of his season.

A 2017 first-round pick, Collins will be eligible for a rookie scale extension during the 2020 offseason. If he meshes with Capela down the stretch, Atlanta would likely be more willing to invest heavily long-term in Collins, who is expected to seek the max or something close to it.

As ESPN’s Bobby Marks tweets, the Hawks are currently carrying 15 players, so they’ll have to waive or trade someone in order to take back both Capela and Nene for Turner, even if they intend to eventually release Nene.

Minnesota Timberwolves:

Although the Timberwolves probably would have preferred to get the Warriors involved in this deal to acquire Russell, they’ll get a handful of intriguing assets in exchange for Covington and several low-cost role players (Bell, Bates-Diop, Napier, and Vonleh).

Beasley and Hernangomez will both be eligible for restricted free agency this summer, which will give the Wolves the chance to match any offer sheet they sign. Neither player had been great this season in Denver, as a crowded depth chart pushed them out of the rotation at times, but they both had solid seasons in 2018/19.

Beasley averaged 11.3 PPG with a .474/.402/.848 shooting line in 81 games (23.2 MPG) a year ago, while Hernangomez averaged 5.8 PPG and 3.8 RPG on .439/.365/.767 shooting in 70 games (19.4 MPG). The Nuggets explored contract extensions last fall with both players, reportedly offering Beasley $30MM over three years, but they didn’t reach a deal with either one. Now the Wolves will have the opportunity to evaluate them during the season’s final two months and decide whether they’re part of the franchise’s long-term plans.

In addition to acquiring those two Denver players – and a little-used project in Vanderbilt – the Timberwolves take on Turner’s $18.6MM expiring contract, generating some extra cap flexibility for the 2020 offseason by moving off Covington’s guaranteed money. They also secured Brooklyn’s lottery-protected 2020 first-round pick, which could end up at No. 15 or 16 if the Nets hang onto a playoff spot this spring.

This move doesn’t necessarily affect the Wolves’ plans to revisit a Russell trade with the Warriors, though like Allen Crabbe, Turner can’t be aggregated with another player in a deadline deal to match D-Lo’s salary. That Brooklyn first-round pick figures to be one of the assets Minnesota dangles in any offer for Russell.

Like Houston, Minnesota will have two openings on its 15-man roster once this trade is finalized, and will have up to two weeks to get back up to 14 players, the league’s required minimum.

Photos courtesy of USA Today Sports Images.

Amick’s Latest: Rockets, Len, D-Lo, Bogdanovic, Pistons

The Rockets remain on the lookout for a center who can help the team fill the hole that will be created when Clint Capela is officially sent to Atlanta, writes Sam Amick of The Athletic. According to Kelly Iko of The Athletic (via Twitter), Houston is moving closer to a deal for a center and is in talks with a pair of Eastern Conference teams.

Both Amick and Iko indicate the Rockets have shown a willingness to take on some “bad” salary if it helps them acquire an asset or two.

Once the four-team trade involving Capela is officially complete, Houston will have limited flexibility to acquire a center or absorb an unwanted contract. However, until that point, the Rockets could try to fold a separate trade into that four-team deal, which would allow them to take back up to $12MM+ in additional salary (up to $5.8MM before reaching the tax line).

Alex Len is one potential fit for the Rockets, according to John Hollinger of The Athletic, who suggests that the Hawks would want at least a second-round pick for Len. Since Atlanta is already part of the Rockets’ four-team trade, this could be simpler than bringing a fifth club. But I wonder if the Hawks would want to get back the 2024 second-rounder they’re sending to the Rockets in addition to acquiring a separate second-rounder for Len.

Here’s more from Amick and Hollinger:

  • A source confirmed to Amick that the Knicks continue to pursue D’Angelo Russell, but said none of New York’s offers have been “even remotely appealing” to the Warriors.
  • Kings swingman Bogdan Bogdanovic is generating “serious” interest, but a source says the Kings are still happy to keep Bogdanovic and attempt to re-sign him in free agency, according to Amick. As of this afternoon, Sacramento wasn’t discussing a Kyle Kuzma deal with the Lakers, but many teams around the NBA have registered interest in Bogdanovic, including the Sixers and Hornets, Amick notes.
  • The Pistons are “open for business” and willing to discuss just about anyone, per Amick and Hollinger. However, a source with knowledge of the situation downplayed the idea that Derrick Rose will be moved before the deadline.
  • The Magic are unlikely to do anything too significant, but remain in the market for “good, young perimeter help,” says Hollinger.

Notes On Nuggets/Wolves/Rockets/Hawks Trade

Within the past month, both Malik Beasley and Juan Hernangomez approached Nuggets management about the possibility of being traded, a league source tells Mike Singer of The Denver Post. Beasley and Hernangomez were key parts of Denver’s rotation in 2018/19 but had less consistent roles this season in large part due to Jerami Grant‘s arrival and Michael Porter Jr.‘s emergence.

Both players sought more consistent playing time and will now get the chance to earn an increase in minutes in Minnesota. Beasley and Hernangomez, both of whom are eligible for restricted free agency at season’s end, could even become long-term building blocks for the Timberwolves if they finish the 2019/20 season strong.

Here are a few more notes and leftover items on the 12-player, four-team trade that also involved Atlanta and Houston:

  • Beasley was a popular trade target leading up to the deadline — a league source tells Singer that at least 10 or 12 teams had inquired on the fourth-year shooting guard in talks with the Nuggets.
  • Although there has been speculation that the Nuggets intend to use the first-round pick they’re acquiring from Houston as part of a potential package for Jrue Holiday, that wasn’t the team’s plan when it made the deal, Singer writes in a separate Denver Post article. The general belief is that the Pelicans will hang onto Holiday through the deadline anyway.
  • The trade helps clarify a crowded rotation in Denver and gives the Nuggets some options for subsequent moves, says Nick Kosmider of The Athletic.
  • Daryl Morey and the Rockets are going all-in on their small-ball philosophy by essentially swapping Clint Capela for Robert Covington, writes Jeff Zillgitt of USA Today. The deal shows just how unconventional Houston is willing to get, according to Kelly Iko of The Athletic, who explores the reasons why the team was okay with moving on from Capela.
  • Meanwhile, Chris Kirschner of The Athletic examines what Capela will bring to the Hawks and what the move means for the franchise’s present and future. As Kirschner points out, Atlanta wasn’t willing to give up a first-round pick for Andre Drummond, but did so for Capela, who is locked in for several years at a reasonable price. Capela should fit in with the Hawks’ up-tempo offense and help anchor their defense, Kirschner adds.
  • Count Trae Young among those excited by the Hawks‘ acquisition of Capela. Getting Clint, it’s big-time,” Young said, per Sarah K. Spencer of The Atlanta Journal-Constitution (Twitter links). “I already shot him a text and talked to him. I’m excited about getting him. … There’s been times late in games where we just couldn’t get a stop. All we needed was one stop. Having him makes our defense that much better.” Young’s enthusiasm is a good sign for the Hawks, since there were rumblings earlier this season that the second-year star wanted the team to make a move.

Hawks To Waive Chandler Parsons

The Hawks are waiving Chandler Parsons and his expiring contract, reports ESPN’s Adrian Wojnarowski (via Twitter).

The move will allow Atlanta to complete its part of a four-team trade with the Wolves, Rockets, and Nuggets. The Hawks, who had a full 15-man roster, are sending out Evan Turner in the deal and taking back Clint Capela and Nene, so a corresponding move was necessary. The club could subsequently open up its 15th roster spot if it decides to release Nene after acquiring him.

Parsons, 31, signed a four-year, maximum-salary contract with the Grizzlies back in 2016, but dealt with injury issues throughout the deal and was never able to deliver on the promise he showed earlier in his career. He was sent from Memphis to Atlanta during the 2019 offseason in exchange for Solomon Hill and Miles Plumlee, but appeared in just five games for the Hawks this season and was moved to the inactive list along with Evan Turner last month as the organization focused on developing its young players

Parsons was involved in a car accident in January when his vehicle was struck by a drunk driver. Although the Hawks initially announced he had been diagnosed with a concussion and whiplash, Parsons’ lawyers issued a statement indicating that the veteran forward had suffered more serious injuries in that accident, including a traumatic brain injury, disc herniation, and a torn labrum. The injuries may jeopardize Parsons’ career, according to his attorneys.

While Parsons likely wouldn’t have been a candidate for more than a minimum-salary contract next season anyway, it would be a shame to see that car accident prematurely end his playing career. Hopefully he’s able to get healthy and return to the court before eventually retiring on his own terms.

Parsons’ cap hit for this season is $25.1MM. That figure will remain on Atlanta’s books, but since it was an expiring contract, the team won’t be on the hook for any money beyond this season.

Photo courtesy of USA Today Sports Images.

Wolves At Impasse With Warriors In D-Lo Talks

The Warriors are moving on from conversations with the Timberwolves about a D’Angelo Russell trade for now, reports Shams Charania of The Athletic (Twitter link). As Charania explains, Golden State has been firm in its asking price for Russell, and Minnesota has been unwilling to meet that price to this point.

The Warriors and Timberwolves exchanged trade concepts throughout the day, but a significant gap remains, per ESPN’s Adrian Wojnarowski, who tweets that Golden State is exploring deals that would help them shed salary and acquire draft assets. According to Kevin O’Connor of The Ringer, the impasse between the two teams can be attributed in large part to a disagreement over draft compensation.

O’Connor reports that the Timberwolves are offering their own protected 2020 first-round pick as well as Brooklyn’s lottery-protected 2020 first-rounder, which would be acquired as part of a multi-team trade sending Robert Covington to Houston and Clint Capela to Atlanta. However, the Warriors prefer future first-round picks, including Minnesota’s unprotected 2021 first-rounder, according to O’Connor, who notes that the 2020 draft isn’t considered a particularly strong one.

Interestingly, multiple league sources told O’Connor that Andrew Wiggins was part of “every iteration” of the potential swap being discussed by the Wolves and Warriors.

Although the Warriors are no longer actively involved in trade talks with the Wolves, Hawks, and Rockets, those three teams continue to engage, according to Wojnarowski (via Twitter). In fact, Charania reports (via Twitter) that those discussions are becoming serious.

Minnesota, Atlanta, and Houston are still exploring a trade that would send Covington to the Rockets, Capela to the Hawks, and Evan Turner‘s expiring contract and draft compensation to Minnesota, per Charania, who says that a new fourth team could emerge to round out the deal. The Nuggets are among the candidates to become that fourth team, tweets Wojnarowski, though he cautions that the situation is fluid and talks with other teams are ongoing.

With Denver looming as a potential fourth team, it’s worth noting that the Wolves have eyes for Malik Beasley, according to our Chris Crouse. Minnesota also has interest in Gary Harris, a source tells Crouse. If the Nuggets deal Harris, it would give them some extra financial flexibility to work out a deal with Beasley, who is a restricted free agent after the season.

There are a ton of moving parts involved in these discussions, so we’ll have to wait to see what’s next. D-Lo remains Minnesota’s top priority, so if the Wolves, Hawks, and Rockets end up completing a three-team trade involving Covington and Capela, Gersson Rosas‘ group could hang onto the assets it gets in that deal and attempt to re-open Russell talks with Golden State closer to the deadline or even in the offseason.

Chris Crouse contributed to this post.

Trade Rumors: Bembry, Ojeleye, Celtics, Bertans

Hawks swingman DeAndre’ Bembry, who is dealing with a hand injury, could be moved before the deadline, per a source. The Timberwolves are among the teams with eyes on the wing, though interest around the league isn’t expected to be strong.

It’s possible that Bembry is included in a potential multi-team D’Angelo Russell trade. Bembry starred at St. Joe’s before being selected with the No. 21 overall pick. Through three-plus seasons on the Hawks, the New Jersey native hasn’t taken flight.

Here’s more from around the league:

  • At least one team has an interest in trading for Celtics forward Semi Ojeleye, provided the price tag isn’t significant at all, a source tells Hoops Rumors. The 25-year-old has played in 47 games for Boston this season.
  • All signs point to a quiet deadline for the Celtics, according to Adam Himmelsbach of the Boston Globe. “It feels like it’s kind of dead right now,” one league source told the Boston writer. Himmelsbach also noted that Houston was the party to initiate the Clint Capela talks, adding that it now appears those talks aren’t going anywhere because of the Rockets‘ high asking price.
  • As we passed along last month, the Wizards love Davis Bertans and see him as a long-term piece. Not much has changed, according to Candace Buckner of the Washington Post, the team plans on keeping the 27-year-old power forward and wants to re-sign him this offseason.
  • The Celtics remain interested in Bertans, per Himmelsbach. Chris Mannix of SI.com shared similar intel earlier today, writing that Boston’s interest in Bertans is “strong.”  However, according to Himmelsbach, the C’s appears resigned to the fact that they’re not getting the power forward.

Hawks Rumors: Collins, Drummond, Adams, Parker

Both the Rockets and Nets have specifically expressed interest in Hawks big man John Collins recently, a league source tells Chris Kirschner of The Athletic. However, teams that have talked to Atlanta have been left with the impression that the team won’t move Collins unless it gets an offer it can refuse.

According to Kirschner, Houston wanted Collins as part of a Clint Capela trade as a younger, cheaper replacement, which presumably was a non-starter for the Hawks. Kirschner suggests Spencer Dinwiddie was mentioned in talks with the Nets, but says it’s not clear whether those discussions went anywhere.

Collins will be eligible for a rookie scale extension for the first time this offseason, and multiple league sources tell Kirschner that he’s expected to seek a max or near-max deal. If the Hawks decide that price is too rich, they could revisit the trade market, but for now, the big man isn’t being shopped at all. It’s “highly unlikely” that Atlanta moves any member of its young core – including Collins – at this Thursday’s deadline, tweets Sarah K. Spencer of The Athletic.

Here’s more on the Hawks:

  • A league source tells Kirschner that Andre Drummond made it clear the Hawks would have been a preferred landing spot if the Pistons trade him. Atlanta opted against giving up Brooklyn’s 2020 first-round pick in a deal for Drummond, and aren’t expected to re-engage this week, though the team could circle back to the big man in free agency, Kirschner writes.
  • Steven Adams has also been cited as a probable Hawks target, but a source with knowledge of the Thunder‘s thinking believes Adams is unlikely to be moved at the deadline, according to Kirschner.
  • Jabari Parker, who hasn’t played since January 3 due to a right shoulder impingement, is a trade candidate but will remain sidelined through the deadline. As Spencer tweets, the Hawks announced today that Parker is doing non-contact work and will be re-evaluated in one week.

Latest On Wolves’ Multi-Team D’Angelo Russell Trade Talks

As multiple reports have indicated, the Timberwolves have been making an effort to orchestrate multi-team trade talks involving the Warriors, Rockets, and Hawks that would help them land point guard D’Angelo Russell.

The basic goal of such a four-team deal would be get a center (Clint Capela) to Atlanta, a wing (Robert Covington) to Houston, Russell to Minnesota, and various assets to Golden State. However, according to those previous reports from ESPN’s Adrian Wojnarowski and Kevin O’Connor of The Ringer, Minnesota and Golden State haven’t been able to find common ground on a package for Russell.

The Timberwolves may need to give the Warriors flexibility on which year(s) they’d prefer to get draft picks, league sources tell Wojnarowski.

Multi-team trades aren’t easy to complete, so this mega-trade is certainly no lock to get done. But it also doesn’t appear as if the clubs involved have given up yet. Here are the latest updates on these four-team discussions:

  • Within his report, Wojnarowski suggests that Timberwolves forward Andrew Wiggins would almost certainly have to be included in any trade involving Russell for financial reasons, and our Chris Crouse confirms (via Twitter) that Wiggins has been discussed as part of a potential deal.
  • According to Jabari Young of CNBC (Twitter link), Hawks swingman Evan Turner – who has a pricey expiring contract – and Warriors center Kevon Looney are among the other players whose names have come up as parts of this potential trade.
  • The Hawks, Timberwolves, and Warriors are talking about what draft picks (and possible protections) would be involved in the trade, according to Young (Twitter link). The Rockets aren’t involved in that aspect of the deal and would presumably just receive Covington and a center, Young adds.
  • Jonathan Feigen of The Houston Chronicle (Twitter link) hears that the Rockets like Looney as a potential option to replace Capela in the middle if they can land a three-and-D upgrade such as Covington.
  • According to John Hollinger of The Athletic (Twitter link), a four-team, seven-player trade that includes Wiggins, Russell, Covington, Capela, Looney, Turner, and Nene could get both the Warriors and Rockets out of the tax. Wojnarowksi has suggested that the Warriors are interested in shedding some salary — they’d avoid repeater penalties if they sneak below the tax line this year.

Nuggets Seeking First-Round Pick For Malik Beasley

The Nuggets are open to listening to inquiries on swingman Malik Beasley, but are seeking a first-round pick in any deal for him, two league sources tell Mike Singer of The Denver Post.

After enjoying a modest breakout season a year ago for Denver, Beasley has been in and out of the rotation and hasn’t been as productive in 2019/20. For the season, he’s averaging just 7.8 PPG on .392/.364/.941 shooting in 40 games (18.1 MPG). The 23-year-old is in the final year of his rookie contract and will be eligible for restricted free agency at season’s end, so the Nuggets will have to decide soon whether he’s in their long-term plans.

Like Beasley, Juan Hernangomez will be eligible for restricted free agency this offseason and could be had this week for the right price. The Nuggets are seeking a second-round pick for Hernangomez, sources tell Singer. Denver has already traded away its own first- and second-round selections for 2020.

The Timberwolves are among the teams with interest in Beasley, a source tells Chris Crouse of Hoops Rumors (Twitter link), who cautions that any pursuit of Beasley would be secondary to Minnesota’s efforts to land D’Angelo Russell. As for Hernangomez, Singer reports that the Hawks are one team that has inquired on the power forward.

While the Nuggets could explore the market for a larger trade, don’t expect second-year forward Michael Porter Jr. to be involved in such a deal. We heard earlier in the season that Denver views Porter as essentially untouchable and recent reports have confirmed as much.

Singer hears from a source that the Nuggets have no intention of moving Porter, while Sam Amick of The Athletic said on the Tampering podcast that team owner Stan Kroenke is among those who don’t want to see the 2018 lottery pick go anywhere (hat tip to RealGM).