Hawks Rumors

2015/16 Salary Cap Update: Atlanta Hawks

The NBA’s salary cap for 2015/16 is set at $70MM, which is good for an 11% increase from last season, and the luxury tax line is fixed at $84.74MM. With the February 18th cutoff date for trades now past and the de facto deadline of March 1st for buyouts rapidly approaching, we at Hoops Rumors are in the process of updating the salary cap commitments for each NBA franchise for the 2015/16 campaign. Here’s the cap breakdown for the Atlanta Hawks, whose regular season roster can be viewed here:

  • 2015/16 Salary Cap= $70,000,000
  • 2015/16 Luxury Tax Line= $84,740,000
  • Fully Guaranteed Salary Commitments= $71,162,768*
  • Remaining Cap Room= -$1,162,768
  • Amount Below Luxury Tax Line= $13,577,232

*Note: This amount includes the $75K owed to Terran Petteway, who was waived by the team.

Cap Exceptions Available:

  • Room Exception= $2,814,000
  • Trade Exception=  $947,276 (Justin Holiday. Expires on February 18th, 2017)

Cash Available to Send Out In Trades= $3,400,000

Cash Available to Receive Via Trade= $3,400,000

Note: Despite the trade deadline having passed, the NBA season technically doesn’t end until June 30th. Teams are able to again make trades upon the completion of the regular season or when/if they are eliminated from the playoffs, whichever comes later. So these cash limits still apply.

The Basketball Insiders salary pages were used in the creation of this post.

Magic, Al Horford Have Mutual Interest

The Magic and Al Horford share interest in each other with free agency looming for the big man and Orlando having opened plentiful cap room with its trades this week, a source told Sean Deveney of The Sporting News. Zach Lowe of ESPN.com tweeted Wednesday that he expects the Magic to push hard for the Jason Glushon client this summer. Horford remains with Atlanta, though he was reportedly in play for a trade as late as two hours before Thursday’s deadline.

Atlanta was nonetheless setting a high price in trade talks for the former University of Florida standout who holds the Hawks in high regard. His Bird rights are tied to Atlanta, meaning the Hawks are the only team that can offer him a fifth year in a contract, a factor that Lowe hears will be of utmost importance to the 29-year-old. The Hawks can also give him 7.5% raises instead of the 4.5% raises other teams are limited to, so a five-year package from Atlanta would be worth $36.852MM more than a four-year deal from the Magic or anyone else, based on the NBA’s projection of a $24.9MM maximum salary for players with Horford’s level of experience. However, Florida’s lack of a state income tax mitigates that difference, at least to some degree.

Deveney speculates about the prospect of Horford and fellow soon-to-be free agent Joakim Noah, Horford’s college teammate, joining forces in Orlando. Noah is unlikely to re-sign with the Bulls, Deveney writes, a view that conflicts with Bulls GM Gar Forman‘s optimism on the matter, which Forman expressed Thursday to reporters, including Nick Friedell of ESPNChicago.com (Twitter link). Noah and Magic coach Scott Skiles didn’t always see eye-to-eye when they were together on the Bulls, but much has changed since then, according to Deveney, and players generally like working under coach Scott Skiles despite his reputation as a hard-liner, Deveney writes.

The Magic have the flexibility necessary to spend on multiple high-profile free agents if they can attract them to Orlando. They have only about $36MM in guaranteed salary against a salary cap for next season that’s estimated to be between $89MM and $95MM. The Magic will also go after DeMar DeRozan, according to Deveney, but he’s consistently made it clear he wants to re-sign with the Raptors.

Hawks Acquire Kirk Hinrich In Three-Team Deal

Jennifer Stewart / USA Today Sports Images

Jennifer Stewart / USA Today Sports Images

4:16pm: The Bulls traded Kirk Hinrich to the Hawks as part of a three-team swap that also involved the Jazz, all three teams announced. Chicago, in its first trade since July 2014, gets Justin Holiday from the Hawks and Denver’s unprotected 2018 second-round pick from the Jazz, who acquired it from the Nuggets in 2013. Utah receives Shelvin Mack from the Hawks.

Hinrich returns to Atlanta, where he spent a season and a half as part of the two-year hiatus in his Bulls career from 2010-12. The 35-year-old is in his 13th NBA season and his 11th with Chicago. However, he’d never had such a limited role, with his minutes only at 15.9 per game this season, by far a career low. Any playing time he gets in Atlanta figures to come at the wing instead of the point guard spot, since the Hawks held on to Jeff Teague and Dennis Schröder in spite of rumors about both, and Teague in particular.

Atlanta did end up dealing away Mack, its third-string point guard, who, like Hinrich, is playing the fewest minutes he’s ever seen in his career at 7.5 a game. The 25-year-old Mack, a fifth-year veteran, becomes the most experienced point guard for the Jazz, who’ve de-emphasized the position in the wake of the offseason injury to Dante Exum that wiped out his season. Utah’s reported talks about swapping point guards Ty Lawson and Trey Burke fell through. Mack has a non-guaranteed salary of more than $2.433MM for next season.

Holiday, the other player the Hawks gave up, picked up a championship with the Warriors last summer and shortly thereafter signed a two-year fully guaranteed deal for the minimum salary with Atlanta. His minutes are down slightly but his shot attempts and scoring are off markedly from last year’s numbers. The primary benefit for Chicago, aside from the pick, is the financial savings, as the Bulls subtract the $1,907,664 difference between Hinrich’s and Holiday’s salaries from their payroll. That also clears the Bulls of nearly $2.9MM in projected luxury tax penalties. The deal allows Chicago to create a trade exception equivalent to Hinrich’s $2,854,940 salary.

Atlanta gets to create a trade exception worth the equivalent of Holiday’s $947,276 salary, since Mack’s $2,433,333 pay is a close match with Hinrich’s, even though a 15% trade kicker that Chicago is paying Hinrich gives him a slight bump on his salary. The Jazz remain under the cap, using a slice of the roughly $7.6MM in cap room they had entering deadline day to take in Mack’s salary.

Brian Windhorst of ESPN.com broke the news that Hinrich was headed to Atlanta (Twitter link), while Adrian Wojnarowski of The Vertical on Yahoo Sports reported the Jazz were getting Mack and giving up a second-round pick (Twitter link). K.C. Johnson of the Chicago Tribune relayed that Holiday was going to the Bulls and that all the pieces were part of the same three-teamer, rather than separate deals (Twitter link). Chris Vivlamore of the Atlanta Journal-Constitution pegged the second-round pick going to Chicago as Denver’s 2018 second-rounder. RealGM shows that the pick carries no protection.

Eastern Notes: Horford, Calderon, Harris

The Hawks took center Al Horford off the market at approximately 1pm today, Chris Broussard of ESPN.com relays (Twitter links). Prospective trade partners were wary of Horford’s impending free agency, which made the offers Atlanta received less than enticing, Broussard adds. Point guard Jeff Teague was available until the final minutes of the deadline, with the Bucks and Nets expressing the most interest, the ESPN scribe notes.

Here’s the latest from the East:

  • Despite their best efforts, the Raptors were unable to upgrade their power forward position prior to the NBA trade deadline today, Josh Lewenberg of TSN.ca notes. The lack of a significant deal wasn’t due to the team’s lack of effort, with Toronto checking in on virtually every player rumored to be available, but the team found the asking prices simply too steep to pull the trigger, Lewenberg adds. “There was nothing there good enough for us, we felt,” GM Masai Ujiri said. “Anything that was good enough we felt, we just didn’t want to give up the future of our team for any of the stuff that was out there.”
  • Knicks point guard Jose Calderon noted that one reason his numbers have taken a hit is New York’s triangle offense, a system not conducive to gaudy stats from playmakers, Stefan Bondy of The New York Daily News relays. “It doesn’t matter how I play,” Calderon said. “Sometimes when you maybe get off on the wrong foot or people don’t know you as a player and expect something else. It’s tough to change those minds. So I’m pretty good with the way I am, the way I do stuff, the way I work. Like I said, if we go position by position, or player by player, I lost every battle in that situation. I’m not going to score more points than other point guards in this league. I’m a different kind of player. It’s not fun when you want to win for the Knicks and people want you out of the Knicks.
  • The Knicks may cut the playing time of rookie point guard Jerian Grant because his lack of playing experience is hurting him and the team, according to interim coach Kurt Rambis, Marc Berman of The New York Post relays.
  • Courtney Lee says being dealt to the Hornets “threw him off” because he was told the previous day by the Grizzlies he wasn’t being shopped, Steve Reed of The Associated Press writes. The swingman did add that the presence of coach Steve Clifford, who was an assistant in Orlando during Lee’s rookie season, would help him adjust more quickly, Reed adds. “It helps a lot,” Lee said of Clifford. “I have a feel for him and his coaching style. He knows my capabilities and I think he’s comfortable with me in that sense. It’s just a matter of picking up the plays.”
  • The Pistons did extremely well in the trade that landed them Tobias Harris, David Mayo of MLive.com opines. Detroit netted a still-improving combo forward who provides exactly what the team lacked in its frontcourt and Harris’ salary will likely look like a bargain in the coming season, Mayo adds.

Latest On Dwight Howard

1:57pm:  Howard will stay with the Rockets, ending weeks of speculation of him getting traded, according to Adrian Wojnarowski of The Vertical on Yahoo Sports (Twitter link).

11:07am: There is a strong belief from Howard’s camp that he will not be traded before today’s deadline, according to Ken Berger of CBS Sports.

7:44am: The Rockets and agent Dan Fegan are hard at work to find a new team for Dwight Howard, reports Frank Isola of the New York Daily News (Twitter link). Houston is prioritizing its pursuit of a Howard trade over serious talks with the Jazz on a Ty Lawson/Trey Burke swap, though no favorite to acquire Howard has emerged, tweets Marc Stein of ESPN.com. Most executives from teams aside from the Rockets were saying as of Wednesday that a deal involving Howard was unlikely, according to Jonathan Feigen of the Houston Chronicle (Twitter link).

Houston turned down an offer of Al Jefferson and Spencer Hawes from the Hornets, league sources tell Isola, and little chance exists of those teams doing a Howard deal unless Houston’s demands come down markedly, as Rick Bonnell of the Charlotte Observer hears (Twitter links). The Rockets called the Cavs to offer Howard, but Cleveland didn’t bite, according to Sam Amico of Amico Hoops (on Twitter).

The Celtics, Heat, Hawks and Raptors have also reportedly spoken with the Rockets about Howard, at least on a cursory level, though Houston has apparently been underwhelmed with the proposals it’s hearing. One GM told TNT’s David Aldridge he doesn’t think the Rockets want to end up with Howard still on the roster after the 2pm Central time deadline (Twitter link), which suggests Houston will bring its asking price in line with the market.

Salary concerns complicate any Howard trade. He’s making more than $22.359MM this season, but a 15% trade kicker in Howard’s contract means teams would have to match salaries based on a $22,970,500 figure for him. The Rockets are also less than $1MM shy of a hard cap of $88.74MM, so they have sharply limited flexibility. The Rockets and others expect Howard to turn down his more than $23.282MM player option and hit free agency this summer.

Bulls, Raptors Talk Taj Gibson, Patrick Patterson

THURSDAY, 1:10pm: The Raptors continue to make offers to teams that include both Patterson and the first-round pick the Knicks owe them in an effort to upgrade at the four, tweets Ken Berger of CBSSports.com.

8:03pm: One source who spoke with Vincent Goodwill of CSNChicago.com cast doubt on the idea of a Gibson trade, saying he isn’t going anywhere.

1:54pm: Chicago asked for the lesser of the Raptors’ two first-round picks, a source told K.C. Johnson of the Chicago Tribune, who adds that it’s not clear whether the Bulls initiated the talks or the Raptors did. Presumably, Johnson’s referring to the pair of 2016 first-rounders the Raps have, and not the two 2017 first-round picks they also possess.

WEDNESDAY, 9:33am: The Bulls have proposed a swap that would send Taj Gibson to Toronto and bring Patrick Patterson to Chicago, according to Zach Lowe of ESPN.com. However, the Raptors love Patterson and GM Masai Ujiri doesn’t appear to feel as strongly about any of the available power forwards who might bump Luis Scola from the starting lineup, Lowe adds in a different portion of his wide-ranging trade deadline column. Ostensibly, that signals Ujiri’s preference for Patterson over Gibson, though that’s not entirely clear. The Raptors would have a strong chance to re-sign Al Horford if they traded for him, sources tell Lowe, but it would take just about all Toronto has to give to wrest him from the Hawks, and a Horford-to-Toronto swap is unlikely, Lowe writes.

Gibson is making $8.5MM this season, with $8.95MM due in 2016/17, so he’d be a more expensive option than Patterson, whose contract runs the same length of time and gives him close to $6.269MM this year and an even $6.05MM next season. The Raptors are barely above the salary cap for this season, which would give them plenty of flexibility to make such a move, though it would add to the nearly $70MM in guaranteed salary they have for 2016/17, a figure that doesn’t include a new contract for DeMar DeRozan. A swap of Gibson for Patterson straight up would conversely represent a key savings for the Bulls, who are about $4.7MM above the tax threshold. It would cleave about $3.3MM from Chicago’s projected tax bill.

Adrian Wojnarowski of The Vertical on Yahoo Sports first reported Gibson’s availability, though that was before Joakim Noah went out for the season and Nikola Mirotic had two surgeries related to appendicitis. Chicago would have preferred to have traded Noah rather than Gibson, Marc Stein of ESPN.com recently wrote. Dana Gauruder of Hoops Rumors examined Gibson as a trade candidate.

Many teams are high on Patterson, according to Bobby Marks of The Vertical on Yahoo Sports, and Patterson’s name emerged as a figure in a rumored proposal between the Raptors and Nets.

Eastern Rumors: Teague, Gasol, Nets

The Hawks have stopped trade talks involving Jeff Teague, whom the Knicks and Jazz (among others) reportedly covet, Adrian Wojnarowski of The Vertical on Yahoo Sports reports (Twitter links). Our own Chuck Myron examined the point guard’s trade candidacy last month.
Here’s more from the Eastern Conference:
  • The Nets never wound up interviewing Wizards senior VP of basketball operations Tommy Sheppard despite asking Washington’s permission to do so, according to Brian Lewis of the New York Post.
  • Knicks GM Steve Mills spoke with the Timberwolves about Ricky Rubio, but the Knicks believe Minnesota won’t deal him, and while New York contacted the Rockets about Ty Lawson, neither dialogue is active, reports Marc Berman of the New York Post.
  • The Celtics have thus far been unwilling to pay a premium for Al Horford or Dwight Howard, sources tell Wojnarowski (Twitter link).
  • The Bucks have reached out to the Sixers about Kendall Marshall but haven’t made progress on that front, reports Wojnarowski (Twitter link).
  • Pau Gasol confirmed today the Bulls are in the lead to re-sign him when he opts out, as expected, this summer, tweets K.C. Johnson of the Chicago Tribune. An earlier report indicated he preferred to join forces with Marc Gasol on the Grizzlies.
  • The Pistons are still deliberating on their point guard situation, Vince Ellis of the Detroit Free Press hears (Twitter link).
  • The Magic are expected to make a big push this summer for Horford, Zach Lowe of ESPN.com tweets.

Chuck Myron contributed to this post.

Jazz To Acquire Shelvin Mack

The Jazz are set to acquire Shelvin Mack from the Hawks in exchange for a second round draft pick, Adrian Wojnarowski of The Vertical on Yahoo Sports tweets. The move is part of a three-team trade involving the Bulls. More details here.

The Jazz are still trying to add a point guard in the wake of their failed talks with the Rockets about Ty Lawson, Marc J. Spears of The Vertical on Yahoo Sports reported earlier today (Twitter link). Marc Stein of ESPN.com added that Mack was one name Utah looked into (on Twitter).

The Hawks re-signed Mack in August 2014 to a three-year deal worth $7.3MM. Mack, 25, is averaging 3.9 points and 1.6 assists per game while making 24 appearances.

Atlantic Notes: Teague, Schröder, Embiid, Knicks

The Sixers may plan a last-second attempt to acquire Jeff Teague or Dennis Schröder from the Hawks, according to Keith Pompey of The Philadelphia Inquirer. A source told Pompey that Philadelphia front office could make an “11th-hour” call to the Hawks on Thursday to remind them of the Sixers’ interest. Pompey cautions that it will probably take Jahlil Okafor or Nerlens Noel to get either of the point guards, and Philly’s front office would rather keep both until it knows the status of 2014 draftee Joel Embiid, who has yet to play an NBA game. However, a report emerged tonight that the Sixers are “gauging interest” in Okafor. “I think you always have to be aware of what the market is for acquiring something or considering a trade,” said chairman of basketball operations Jerry Colangelo. “But we are not actively looking to do deals.”

There’s more from the Atlantic Division:

  • Embiid has traveled to Qatar for “a kick-start to the next phase” of his rehab process, according to Tom Moore of Calkins Media. He is working on his surgically repaired foot with doctors at Aspetar, which calls itself “the world’s leading specialized orthopedic and sports medicine hospital.” Embiid’s visit will include evaluation, consultation and meetings with specialists.
  • Knicks rookie Kristaps Porzingis was happy to be called “untouchable” in trade talks by team president Phil Jackson, tweets Ian Begley of ESPNNewYork. Porzingis said he would like to remain in New York for his entire career.
  • Interim coach Kurt Rambis said the Knicks front office hasn’t asked his opinion on any possible deals Begley also relays (Twitter link).
  • The Nets won’t rush to make a deal before the deadline, owner Mikhail Prokhorov said, as NetsDaily notes. “If we have some small, good pieces, maybe we can do something,” Prokhorov said. “But we are [being] very passive because we’re not in a hurry. We have a long-term vision.”
  • The Rockets asked for Jonas Valanciunas when they unsuccessfully approached the Raptors about a Dwight Howard trade, according to Sportsnet’s Michael Grange. Such a deal would have required Toronto to relinquish much more to make the salaries match.
  • The Celtics would give up more for Kevin Love than they would for Al Horford, but the Cavs and Hawks are expected to continue to demand more than Boston is willing to relinquish for either, writes Steve Bulpett of the Boston Herald.

Chuck Myron contributed to this post.

Southeast Notes: Splitter, Batum, Jefferson, Frye

The HawksTiago Splitter may miss the start of next season after having surgery on his right hip, according to Chris Vivlamore of The Atlanta Journal-Constitution. The procedure will be performed Thursday, and Splitter estimates it will take “eight months, at least” to recover, which means he won’t be able to represent Brazil in the Summer Olympics. “I just got here this season and I wanted to help this team more” said Splitter, who was acquired from the Spurs in a July trade. “I wasn’t able to perform 100%, that’s for sure. I’ve been feeling this pain, you guys know, for some time. We tried several techniques and treatments. It ended up being I need the surgery. I hope it goes fast and I’m ready to play again.” Splitter will make $8.25MM next season on the final year of his contract.

There’s more from the Southeast Division on the eve of the trade deadline:

  • Trade rumors have swirled around the Hawks as much as any team during the past month, and coach/executive Mike Budenholzer isn’t offering any hints about whether a deal for Al Horford or Jeff Teague is in the works, as Vivlamore notes in a separate piece. “We are very happy with our group,” Budenholzer said. “We feel strongly about them. I’ve been protective of them and would expect to continue to be that. You never know what can happen.”
  • The Hornets will likely present Nicolas Batum with a full max offer on the first day of free agency, tweets Rick Bonnell of The Charlotte Observer, passing on a prediction from ESPN cap expert Tom Penn. It’s the only way Charlotte can keep him, Penn said (Twitter link).
  • The Hornets hope to welcome back center Al Jefferson this weekend, Bonnell tweets. Jefferson hasn’t played since undergoing arthroscopic surgery after suffering a tear in the lateral meniscus of his right knee in late December.
  • The Magic’s Channing Frye takes trade deadline talk in stride, tweets Josh Robbins of The Orlando Sentinel. The Clippers are reportedly close to a deal that would bring the veteran power forward to L.A. “It’s not my first time being on the trading block,” Frye said. “… I was supposed to get traded at the beginning of the season. I was supposed to get traded last year.”
  • Wizards center Marcin Gortat has officially chosen Todd Ramasar as his new agent, writes J. Michael of CSNMidAtlantic.