Hawks Rumors

Eastern Rumors: Cavs, DeRozan, Celtics, Monroe

Some sources tell Alex Kennedy of Basketball Insiders that they think LeBron James will ask the Cavs to change coaches (Twitter link), though he has no intention of pushing the team to fire David Blatt, as ESPN’s Chris Broussard reported last week. Blatt has made it clear on multiple occasions that he expects he’ll be back. Still, we’ll see what happens this summer in Cleveland. Here’s more from the Eastern Conference:

  • Chatter continues to indicate that DeMar DeRozan will opt out and seek a maximum-salary deal next summer, and “there is no way” that the Raptors would be willing to pay him that much, reports Ryan Wolstat of the Toronto Sun. For this summer, the Raptors will probably have particular interest in Marc Gasol and Paul Millsap, Wolstat also writes.
  • Celtics don’t find their chances to land a star encouraging, as Adam Himmelsbach of The Boston Globe hears. Himmelsbach confirms earlier reports of interest in Greg Monroe and Millsap, though he hears from several team sources who say the team didn’t offer Marcus Smart in trade proposals to other teams on draft day.
  • Kevin Arnovitz of ESPN.com believes the new regime in Atlanta isn’t as enamored with Monroe’s game as the team’s last set of higher-ups was (Twitter link). The Hawks, who have a new principal owner in Tony Ressler and have formally cut ties with GM Danny Ferry, aren’t among the teams reportedly meeting with the soon-to-be free agent big man.
  • Jimmy Butler would like to sign a one-year offer sheet with the Lakers, a league source tells Mark Medina of the Los Angeles Daily News, but that would be impossible since offer sheets must be for at least two years and at least three if, as the Bulls have long planned, Chicago makes a five-year max offer. Adrian Wojnarowski of Yahoo! Sports reported a couple of weeks ago that Butler’s interest in the Lakers had increased, but the Bulls have the right to match any offer and are expected to do so, Medina notes.
  • Reggie Jackson turned down an offer worth more than $12MM a year in extension talks with the Thunder last year because he wanted out of Oklahoma City and onto a team where he could start, a source told Vince Ellis of the Detroit Free Press. Jackson will probably demand the max if the Pistons want him to sign for five years, the same source said to Ellis.
  • Mario Hezonja and Barcelona, his Spanish team, have reached a deal on a buyout that will allow him to part ways with the club and sign with the Magic, who drafted him fifth overall Thursday, reports Jose Ignacio Huguet of Mundo Deportivo (translation via Sporando’s Enea Trapani). The buyout is worth 1.6 million euros, the equivalent of about $1.79MM at today’s exchange rate. Orlando will presumably cover the maximum $625K of that amount.

Southeast Notes: Deng, Oubre, White, Eriksson

It’s still unclear what Luol Deng will do with his player option, worth nearly $10.152MM, with tonight’s deadline to decide looming, but the Heat absolutely wants him back, as team president Pat Riley made clear after the draft, notes Jason Lieser of The Palm Beach Post (Twitter link). That’s in spite of Miami’s selection of small forward Justise Winslow at No. 10. While we wait to see just what Deng will do, here’s more from around the Southeast:

  • GM Ernie Grunfeld didn’t think the Wizards would have the chance to trade up and nab Kelly Oubre until a day before the draft, and in so doing, Washington landed a player who has a relationship with D.C. native and 2016 free agent Kevin Durant, as Benjamin Standig of The Associated Press examines.
  • J. Michael of CSNWashington.com looks at the options the Wizards have if Paul Pierce, who’s opting out, doesn’t re-sign.
  • Forward Aaron White, whom the Wizards drafted 49th overall out of Iowa, will “definitely” play overseas this coming season, as Michael hears, but Jorge Castillo of The Washington Post writes that a decision has not yet been made. “Aaron will play Summer League with the Wizards and then we will evaluate if it is best to go overseas or not this season,” White’s agent, Chris Emens, wrote in an e-mail to Castillo. “Aaron is open to doing whatever the Wizards think is best for his development.”
  • The pair of players the Hawks drafted in the second-round Thursday will stay overseas, tweets Chris Vivlamore of the Atlanta Journal-Constitution. Swedish shooting guard Marcus Eriksson, the 50th pick, and Greek forward Dimitrios Agravanis, pick No. 59, remain under contract with Barcelona of Spain and Olympiacos of Greece, respectively, according to Vivlamore.
  • Josh Robbins of the Orlando Sentinel breaks down the new Magic assistant coaches whose hires the team officially announced Friday: former Bulls assistant Adrian Griffin, former Mavs assistant Monte Mathis, Mario Elie, who last was an NBA assistant with the Nets in 2012/13, and former Lakers D-League coach Conner Henry.

Jazz To Pursue Paul Millsap

JUNE 26TH: There is a growing sense that Millsap will go where the market dictates, and that the Jazz won’t be able to afford him, according to Checketts (Twitter link).

JUNE 25TH: There continue to be rumblings about how the Jazz want to re-acquire Millsap, Jody Genessy of The Deseret News tweets.  Utah, his source adds, might also trade Derrick Favors.

JUNE 12TH: The Jazz will make an active pursuit of soon-to-be free agent Paul Millsap this summer, as Spencer Checketts of 1280 AM The Zone hears (Twitter link). Millsap, who spent his first seven NBA seasons as a member of the Jazz, and agent DeAngelo Simmons dropped hints at the end of Atlanta’s playoff run that the power forward would like to remain with the Hawks, though Utah has brother Elijah Millsap under contract for two more years. A pursuit of Paul Millsap would represent a sharp turn in Utah’s rebuilding effort, one that’s been patient so far, just two seasons after the team watched him go, at a discount, to Atlanta.

Competition will no doubt be stiff for the leading scorer from a 60-win Hawks team this season, and the Hawks face a stiff financial challenge to re-sign Millsap and fellow impending free agent DeMarre Carroll with only Early Bird Rights on both, as I examined when I looked at Atlanta’s offseason. The Hawks nonetheless appear confident that they can accomplish the task.

The Jazz can have as much as $16.6MM in cap room for next season without making a trade, as I noted in their offseason outlook, though that wouldn’t necessarily be enough to lure Millsap, as speculation, at least, has him in line for a max deal that would start at an estimated $19MM. Knicks president Phil Jackson is reportedly intrigued with Millsap, and New York has the cap flexibility to offer the max. Millsap apparently signed his two-year, $19MM deal with Atlanta in 2013 with an eye on putting himself in a better position to sign a lucrative contract this summer. Still, he has a good relationship with Jazz coach Quin Snyder, a Hawks assistant in Millsap’s first year in Atlanta, notes Andy Larsen of KSL.com.

Pistons Eye Danny Green, Other Wing Players

The Pistons will make DeMarre Carroll and Danny Green higher priorities in free agency this summer than fellow target Tobias Harris, as Carroll and Green, both unrestricted free agents, are likely easier to sign than Harris, a restricted free agent, would be, according to Vince Ellis of the Detroit Free Press (Twitter links). Sean Deveney of The Sporting News first reported Detroit’s interest in Carroll, while Shams Charania of RealGM today identified the Pistons as a leading contender for Harris. The small forward spot, which both Carroll and Green could fill, appears to be a focus for Detroit, even after it drafted Stanley Johnson eighth overall in Thursday’s draft.

Dallas is also reportedly targeting Green, though he’d like to re-sign with the Spurs and San Antonio is apparently making that a priority. It would nonetheless seem like a fair chance exists that the Spurs would renounce their rights to the 28-year-old and his nearly $7.648MM cap hold if they can secure a commitment from LaMarcus Aldridge or another marquee target. That would make it difficult for San Antonio to re-sign the three-and-D swingman, whom at least one executive wouldn’t mind paying $6MM a year, as Michael Scotto of SheridanHoops reported this spring.

Green, if he could be had for that kind of money, would be less than half as expensive than Carroll, if the Hawks forward ends up with salaries at the high end of estimates. Atlanta is growing pessimistic about its chances to retain both Carroll and Paul Millsap, though the Pistons will have plenty of competition even if Carroll doesn’t stay with the Hawks. Detroit nonetheless has plenty of buying power, with only about $39MM in commitments for next season. That includes a fully guaranteed $3MM for Anthony Tolliver, as the Pistons have decided to keep Tolliver past Tuesday, when his $400K partial guarantee would jump to a full guarantee, a source tells Ellis (Twitter link).

Hawks Acquire Tim Hardaway Jr.

9:59pm: The deal is official, both teams have announced. The Knicks get to create a $1,250,640 trade exception for Hardaway’s salary.

8:42pm: The Hawks and Knicks have struck a deal that sends Tim Hardaway Jr. to Atlanta, which will use the No. 19 pick to select Notre Dame point guard Jerian Grant for New York, reports Adrian Wojnarowski of Yahoo! Sports (on Twitter).

It’s no shock to see Hardaway in a deal, though the Pistons reportedly appeared to be the most interested team. New York drafted Hardaway 24th overall two years ago, and parlays him into a higher selection in this evening’s draft.

Grant spent five years, including a red-shirt season at Notre Dame. He spoke with Zach Links of Hoops Rumors about why he didn’t declare earlier and the progress he made as a senior this past season. He’ll represent a cap hold of $1,310,300 on New York’s books, slightly more than the nearly $1.305MM Hardaway is to make next season.

Hardaway will give Atlanta depth on the wing with DeMarre Carroll a free agent this summer. The Hawks are clearing about $300K in extra cap flexibility as they moved down from the No. 15 pick in a deal with the Wizards before reaching the agreement with New York.

Latest On LaMarcus Aldridge

On Thursday morning, we learned that the Rockets are planning on getting in the mix for LaMarcus Aldridge this summer, as well as Kevin Love.  Of course, Houston will not be alone in that pursuit.  Aldridge is reportedly becoming increasingly fond of the Lakers and many other clubs are getting ready to make a play for the four-time All-Star.  Here’s the very latest on Aldridge..

  • A source close to Aldridge told ESPN’s Marc Stein and Chris Broussard that he’s as good as gone from Portland.  “He’s gone,” a source close to Aldridge said. “There’s a 99.9 percent chance that he’s out of Portland.”  The duo says Aldridge is thinking about signing with the Hawks, which adds him to the list with the Spurs, Lakers, Knicks, and Mavs.  The Cavs, they say, are a longshot team.  Aldridge to Cleveland would likely mean a sign-and-trade involving Kevin Love.

Earlier updates:

  • As the Blazers‘ fear of losing Aldridge grows, they’re working to use the No. 23 pick in the draft to acquire a big man either to help replace him or to bolster the frontcourt around him, Jake Fischer of SI Now tweets.  There was talk of the Blazers and Sixers discussing a trade that would send the No. 23 pick to Philadelphia in exchange for the 35th and 37th picks (and perhaps more), but Fischer (link) hears the Blazers are interested in using the No. 23 pick to acquire an established big man, not get more picks.
  • Teams are already preparing to line up for Aldridge, but several execs have begrudgingly acknowledged to Chris Mannix of SI (on Twitter) that the Spurs will be tough to beat.
  • Jabari Young of CSNNW (on Twitter) hears that Aldridge wants to live in a more diverse area.

Southeast Rumors: Hornets, Booker, Wizards

Here’s a quick look at the Southeast Division..

  • After taking care of the small forward void with Nicolas Batum and adding Jeremy Lamb, the Hornets are said to be targeting guard Devin Booker at No. 9, sources tell Ken Berger of CBSSports.com (on Twitter).
  • The Hornets are able to create a pair of small trade exceptions from two trades they completed today. The exchange of Matt Barnes and his $3,396,250 salary for Luke Ridnour‘s $2,750,000 would produce a $646,250 exception, while flipping Ridnour in the deal that netted Lamb and his $2,202,000 salary allows for an exception worth precisely $548K.
  • Jonathan Givony of DraftExpress (on Twitter) cautions fans not to be surprised if the Hawks decide to cash in on one of the many offers they have for the No. 15 pick in the draft.  Many execs feel that this draft only goes 15 deep.
  • As of this afternoon, the Wizards don’t expect to move up or down from No. 19, Jorge Castillo of The Washington Post tweets.

Chuck Myron contributed to this post.

Hawks, Wizards Swapping Picks

10:22pm: The deal is official, the Wizards and Hawks announced. The second-rounders going to Atlanta are for 2016 and 2019, according to the Wizards.

8:24pm: The Wizards have a deal to acquire the rights to 15th pick Kelly Oubre from the Hawks, reports Adrian Wojnarowski of Yahoo! Sports (on Twitter), with the 19th pick going to Atlanta. Two future second-round picks will go to the Hawks, too, Wojnarowski adds (Twitter link).

Oubre was a highly touted prospect coming out of high school who endured a tough season at Kansas, averaging fewer than 10 points per game. Still, Washington is banking on the upside that Eddie Scarito of Hoops Rumors examined in a Prospect Profile. He’ll represent a cap hold of $1,600,200 on Washington’s books.

Atlanta is reportedly flipping the rights to the 19th pick, Jerian Grant, into Tim Hardaway Jr. in a deal with the Knicks.

And-Ones: Batum, Booker, Milutinov

A change that would allow underclassmen greater capacity to return to school after declaring for the draft would indeed take effect for next year if the NCAA approves the proposal in January, as Dan Guerrero, chairman of the NCAA men’s basketball oversight committee, said to Andy Katz of ESPN.com. The committee lent its sponsorship to the measure Wednesday, and a formal vote on adoption is to take place in January, according to Katz.

Here’s more from around the league:

  • The Hawks have discussed moving up from the No. 15 overall pick in the draft with a number of teams, including the Pacers, who sit at No. 11, Alex Kennedy of Basketball Insiders relays (via Twitter). A number of executives around the league believe that Atlanta is trying to land Wisconsin big man Frank Kaminsky, Kennedy adds. Kaminsky is a draft possibility for the Hornets (No. 9), Heat (No. 10), and the Jazz (No. 12), which could complicate the Hawks’ designs on snagging the talented shooter.
  • Speaking about newly acquired swingman Nicolas Batum, Hornets GM Rich Cho said, “He is a quality defender and a solid outside shooter who brings versatility and playoff experience,” Mike Tokito of The Oregonian tweets. Batum’s deal includes a trade bonus that will lift his cap hit by about $890K for the 2014/15 campaign and approximately $890K again for 2015/16, Eric Pincus of Basketball Insiders notes (Twitter links). The Blazers also end up with a trade exception, according to Pincus, worth $3,241,300.
  • Many executives around the NBA believe that Kentucky guard Devin Booker is the player in this year’s NBA Draft who could benefit the most from significant time spent in the D-League during his rookie campaign, Keith Schlosser of SBNation writes. While Booker is regarded as the best pure shooter in this year’s draft, a large number of NBA and D-League executives believe that Booker could stand to improve his agility, quickness, and instincts on both ends of the floor, Schlosser adds.
  • Serbian big man Nikola Milutinov is climbing up the draft boards and could possibly be selected in the first round, Marc Stein of ESPN.com relays (on Twitter). It’s doubtful that the Spurs would be the team to select the seven-footer, a league source informed Dan McCarney of The San Antonio Express-News tweets. San Antonio currently owns the No. 26 overall pick.

Chuck Myron contributed to this post.

League OKs Tony Ressler’s Purchase Of Hawks

Private equity mogul Tony Ressler and his partners have officially assumed control of the Hawks after receiving unanimous Board of Governors approval today, the league announced. Controlling owner Bruce Levenson, who last September announced his decision to sell as he self-reported racially insensitive emails that he had sent in 2012, and the rest of an often-divided consortium of co-owners have relinquished the team in the $730MM deal. The Ressler group is also assuming some $120MM in arena-related debt, raising the total purchase price to $850MM, as several reports made clear in April, when Ressler and his partners secured an agreement to buy the team. USA Today’s Jeff Zillgitt reported a few days ago that league approval and the transfer would take place today.

“We are pleased that the NBA’s Board of Governors has approved the purchase of the Atlanta Hawks by principal owner Tony Ressler,” commissioner Adam Silver said.  “Tony and his diverse and experienced ownership group will bring tremendous energy and passion to the Hawks and the team and its fans will greatly benefit from their commitment to the Atlanta community.”

Former player Grant Hill, private equity investor Rick Schnall, women’s wear magnate Sara Blakely and her husband, entrepreneur Jesse Itzler, are among those in Ressler’s group. They beat out another bid that reportedly involved baseball legend Hank Aaron as well as former Grizzlies CEO Jason Levien and current Grizzlies minority owner Steve Kaplan. Former Suns and Raptors GM Bryan Colangelo, former player Junior Bridgeman and neuropsychologist Richard Chaifetz also apparently teamed for a run at the Hawks as part of a bid that once included Hill.

The new owners appear poised to work on a deal that would make Mike Budenholzer team president and coach, as well as one that would give assistant GM Wes Wilcox a promotion to GM, as Adrian Wojnarowski of Yahoo! Sports reported last week. Former GM Danny Ferry received a buyout earlier this week that gave him more than he would have received over the remainder of his contract, according to Kevin Arnovitz of ESPN.com. Ferry had been on a leave of absence since September that he began after the revelation that he repeated racially charged comments about Luol Deng that had been written in a scouting report from an outside firm. The departures of Ferry and Levenson allow the team to move on from the scandal that hung in the background amid the team’s 60-win season.

Ressler and the front office face a challenge this summer to retain both Paul Millsap and DeMarre Carroll with only Early Bird rights on them and perhaps not enough cap space to meet their collective market price, as I examined in our Offseason Outlook for the team. Atlanta holds the 15th, 50th and 59th picks in Thursday’s draft.