Hawks Rumors

Hawks Waive Okaro White

After acquiring him earlier today from the Heat, the Hawks have requested waivers on forward Okaro White, the team announced today in a press release.

White, 25, appeared in 41 games with the Heat since the start of the 2016/17 season, but has been sidelined for most of this season due to a broken foot. He’ll clear waivers and become an unrestricted free agent on Saturday, but he’ll have to get back to 100% health before resuming his playing career.

By waiving White, the Hawks will open up a roster spot to complete their Sheldon Mac trade with the Wizards. They’ll subsequently release Mac as well, leaving a spot open to sign another player.

Sixers, Celtics Stand Pat At Deadline

The trade deadline has come and gone and while there’s always the faint possibility that news of other moves leaks out, two Atlantic Division teams seemingly receptive to making moves have opted against any shakeups.

Per Keith Pompey of The Philadelphia Inquirer, the Sixers did not make any deals today. Similarly, Yahoo Sports’ Shams Charania tweets that the Celtics elected to stand pat as well.

Right up until the deadline, it appeared as though the Sixers were in the hunt for a pair of available veterans but didn’t come to terms on either.

Per Alex Kennedy of HoopsHype, both Philly and Boston made a strong push for Grizzlies swingman Tyreke Evans but neither deal came through.

Kennedy wrote that Boston and Memphis were in touch in the final minutes leading up to the deadline but a proposed package of two second-rounders and Guerschon Yabusele wasn’t enough to convince Memphis to pull the trigger.

In discussions with Philly previously, the Grizzlies asked for 23-year-old Dario Saric and were shot down.

Evans, of course, is in the midst of a stellar season in Memphis and had drawn considerable trade interest but his injury-riddled history and pending free agency may have limited his value.

The fact that Evans will remain with the Grizz for the duration of the season could imply that the team thinks they’ll be able to retain him as a free agent this summer, Chris Herrington of The Memphis Commercial Appeal says.

Moving away from Evans, another move that Philly looked interested in making but that didn’t eventually pan out was a deal for Hawks two-guard Marco Belinelli.

On Tuesday we wrote that the Hawks had already told the shooting guard that a trade was coming. Nothing, however, appears to have come to fruition. Michael Scotto of The Athletic mentioned that the Sixers were dangling a second-round pick.

The decision not to act at the deadline may well have been the right one for both franchises. Boston, of course, has help coming in the form of Greg Monroe. The free agent big man agreed to join the Celtics but waited until after the deadline in order to sign so that the franchise could retain its flexibility.

Philadelphia, within reach of the Eastern Conference playoff picture, didn’t get an extra shot of veteran support heading into the final stretch of the season but cashing in future assets for short-term gain would have served in stark contrast to the process that’s gotten them to the enviable position that they’re in today.

DeAndre Jordan, Tyreke Evans, Marco Belinelli Stay Put

A handful of players frequently mentioned as trade candidates in the weeks leading up to the deadline stayed put today, according to various reports.

The Clippers have held onto center DeAndre Jordan through the deadline, a league source tells ESPN’s Adrian Wojnarowski (Twitter link). The team had privately maintained throughout the process that it was fine hanging onto Jordan if no appealing offers surfaced, so this isn’t a huge shock. The next key deadline for Jordan will arrive this summer, as he decides whether to exercise his $24MM+ player option or turn it down to hit to the free agent market.

Tyreke Evans is staying put in Memphis, according to Chris Haynes of ESPN (Twitter link). This decision is a little more surprising, since the Grizzlies had held Evans out of action for the last week in anticipation of moving him. However, it appears they never received the first-round pick they were seeking. Wojnarowski reported earlier today that Memphis may try to re-sign Evans using its mid-level exception this July.

The Hawks made some small deals today, but trade candidate Marco Belinelli remains on the roster, per Sam Amick of USA Today (Twitter link). There were reportedly a handful of teams with interest in Belinelli, but perhaps the offers Atlanta received risked adding salary to the team’s cap for 2018/19.

We’ll wait to see if word of any other deals trickles in now that the deadline has passed, but for now it looks like several other trade candidates aren’t going anywhere either. That list includes Avery Bradley, Kenneth Faried, Derrick Favors, and Evan Fournier, among many others.

Hawks Trade Luke Babbitt To Heat For Okaro White

1:31pm: The trade is now official, according to a press release from the Heat. Atlanta intends to waive White, according to Michael Cunningham of The Atlanta Journal-Constitution (Twitter link).

11:15am: The Hawks will trade veteran forward Luke Babbitt to the Heat for Okaro White, tweets Marc Stein of The New York Times.

This will be a return to Miami for Babbitt, who spent the 2016/17 season there. He signed a one-year, veterans’ minimum contract with the Hawks this summer and is averaging 6.1 points and 2.2 rebounds in 37 games.

White is in his second season with the Heat, but has appeared in just six games, spending most of the year in the G League. He also has a minimum deal, so salary matching won’t be a problem.

A larger trade could be in the works as Miami continues to talk with Atlanta about Marco Belinelli, tweets Barry Jackson of The Miami Herald. Belinelli would give the Heat another wing shooter after losing Dion Waiters for the season.

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.

Thunder, Pacers Potential Trade Partners For Hawks

  • The Hawks have had some trouble gaining traction on deals for some of their veterans, according to O’Connor, who says that the Thunder and Pacers are among Atlanta’s potential trade partners for players like Marco Belinelli, Dewayne Dedmon, or Ersan Ilyasova. O’Connor notes that the Hawks had interest in T.J. Leaf prior to last year’s draft, but he’s skeptical that the Pacers would surrender the rookie forward for a veteran rental.

    [SOURCE LINK]

Heat Exploring Deals For Wing Help

The Heat are exploring the trade market for help on the wing, and they’re among the teams that have expressed interest in Hawks swingman Marco Belinelli, according to Barry Jackson of The Miami Herald. While Miami has interest in Belinelli, he’s one of several wings that the team has done due diligence on, Jackson notes.

Here’s more on the Heat, as they consider their trade options:

  • Although the Heat want to add a wing player, they’re not desperate to make a deal before Thursday’s trade deadline, according to Jackson, who says he’d be surprised if the team parts with Justise Winslow for a rental.
  • Despite having signed Joe Johnson when he was bought out by Brooklyn two years ago, the Heat wouldn’t be the favorites to land the veteran forward if he’s waived by the Jazz this month, says Jackson.
  • The Heat were identified this week as a team that has expressed interest in DeMarre Carroll, prompting Jackson to explore whether Miami might be interested in trading Winslow and Tyler Johnson to the Nets in exchange for Carroll. It’s an interesting idea, since the Nets originally signed Johnson to his current contract, which will get much more expensive in 2018/19. Such a deal would allow the Heat to save some long-term money and would net Brooklyn another former lottery pick. However, Brian Lewis of The New York Post says the Nets have no plans to make that swap.

Trade Rumors: Chriss, Knicks, Belinelli, Hood

Over at USA Today, Sam Amick and Jeff Zillgitt broke down trade deadline goals for each of the NBA’s 30 teams. While the duo’s round-up mentioned several players already known to be trade candidates, Amick and Zillgitt also identified a few new names.

Kings center Georgios Papagiannis, Timberwolves guard Jamal Crawford, and Nuggets big man Darrell Arthur are among the players who could be available this week, per Amick and Zillgitt. The duo also suggested that a handful of teams are open for business on nearly all of their players. The Hawks are willing to discuss anyone except John Collins; the Mavericks would talk about anyone besides Dirk Nowitzki, Dennis Smith Jr., and Harrison Barnes; and the only players off the table for the Thunder are Russell Westbrook, Paul George, Carmelo Anthony, and Steven Adams.

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

  • The Suns appear to be exploring deals involving second-year big man Marquese Chriss, according to Steve Kyler of Basketball Insiders, who tweets that the Lakers are one of a few teams involved. However, John Gambadoro of Arizona Sports 98.7, who is well-connected in Phoenix, tweets that those rumors are “totally false,” suggesting that the club hasn’t discussed deals involving Chriss. Scott Bordow of The Arizona Republic also gets involved, tweeting that the Suns would only consider parting with Chriss in a deal for an established player like Kemba Walker.
  • Having sending Willy Hernangomez to Charlotte, the Knicks continue to take calls about Kyle O’Quinn and Courtney Lee, and are still trying to trade Joakim Noah, says ESPN’s Ian Begley.
  • The Jazz aren’t one of the teams in the mix for veteran guard Marco Belinelli, tweets Tony Jones of The Salt Lake Tribune. According to Michael Cunningham of The Atlanta Journal-Constitution (Twitter link), Belinelli isn’t making the trip to Orlando with the Hawks, as the team continues to mull its trade options.
  • As many as 15 teams have called the Jazz to inquire about trade candidate Rodney Hood, tweets Tony Jones.
  • In an in-depth look at where things stand for the Kings, James Ham of NBC Sports California says the club doesn’t want to take on a bad contract that runs past 2018/19 or impact its young core led by De’Aaron Fox and Bogdan Bogdanovic.

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.

Marco Belinelli ‘On Course’ To Be Traded By Deadline

The Hawks have informed veteran guard Marco Belinelli that he is “on course” to be traded by the Thursday deadline, Marc Stein of The New York Times writes.

At this point, Stein writes, the team is weighing its options as to where exactly to send him.

Earlier this evening, Michael Cunningham of The Atlanta Journal Constitution wrote that Belinelli was held out of Tuesday’s game against the Grizzlies because they didn’t want to risk him getting injured prior to a deal.

Sam Amick of USA Today adds, in his own tweet, that there is no done deal at this point in time but the team is confident enough in its “several options” to sit him.

There’s no clear indication who Atlanta would be most actively engaged with at this point but it’s likely that the club is shopping the 31-year-old to the highest bidder.

In his 11th NBA season, Belinelli is averaging 11.4 points per game off the bench for the rebuilding Hawks, but his ability to get hot off the bench and connect from outside would serve numerous contending teams well.

Belinelli, a .377 career three-point shooter has hit at least two threes in 27 of the 52 games he’s played for Atlanta this season. His expiring $6.6MM contract is palatable, too.