Hawks Rumors

Southeast Notes: O’Quinn, Stephenson, Dragic

Despite being healthy, Kyle O’Quinn, who’ll be a restricted free agent this summer, has played only about six minutes combined in just two games for the Magic since the All-Star break and the big man said the transition to less playing time has been hard, Josh Robbins of The Orlando Sentinel writes. “It’s tough,” O’Quinn said. “But, you know, the team is making strides. I’m still a part of the team. To see the team grow, I’m still a part of that. So it feels somewhat good still.”  The second-round pick out of Norfolk State played his best basketball this season in January when he averaged 8.6 PPG while getting consistent minutes.

Here’s more from the Southeast Division:

  • The three-year, $27MM deal Lance Stephenson signed with the Hornets over the summer no longer looks like the steal it originally was thought to be and the guard is actually hurting the team’s playoff chances, Chris Mannix of SI.com writes. The Hornets are more than seven points per game worse when Stephenson is on the floor, points out Mannix, who outlined why the team is being hindered by the guard. Charlotte entered action Friday clinging to the eighth seed in the Eastern Conference.
  • Goran Dragic told reporters, including Jason Lieser of the Palm Beach Post (on Twitter), that he has no issue with the Heat sending his brother Zoran Dragic to their D-League affiliate.  The elder Dragic feels that it’ll be good for Zoran to get some additional playing time in Sioux Falls.
  • Cameron Schott of RealGM gave a scouting report on Jarell Eddie, who recently inked a 10-day deal with the Hawks after impressing in the D-League.  Eddie, he believes, can be a solid contributor as a shooter off the bench for Atlanta.

Zach Links contributed to this post

Southeast Notes: Hornets, Walker, Heat

Hornets guard Kemba Walker has been cleared to resume all basketball activities, moving him closer to a return from knee surgery, as The Associated Press writes.  “I’m excited. I’ve been anxious,” Walker said. “I’ve been working hard trying to get back to competing with my teammates. And I got some great news, so I’m excited.”  Coach Steve Clifford said the team will practice again Saturday and Walker’s return to action will depend on how the knee responds to an increased workload.  Here’s more from the Southeast Division..

  • Lance Stephenson is having a poor first season in Charlotte, but Clifford thinks that the 24-year-old needs some more time to adjust to his new surroundings, Tim Bontemps of the New York Post writes. ““I think first of all, in some ways expectations were a little out of whack,” the Hornets said of Stephenson, who inked a three-year, $27MM deal with Charlotte over the summer. “I think secondly, he’s a young player, and unlike a guy like Mo Williams, who has played for seven coaches, seven systems and is used to adapting to new teammates and new cities, this is the first time.” The Hornets shopped Stephenson at the deadline but they were unable to find a suitable deal.
  • Jarell Eddie, who has inked a 10-day deal with the Hawks, took a path similar to Danny Green on his way to the NBA, Lorne Chan of Spurs.com writes.  Green carved out a role for himself by knocking down shots from long range, but also doing the little things well.  Eddie is now the third member of the Austin Spurs to reach the NBA this season after JaMychal Green and Bryce Cotton.
  • David Pick of Basketball Insiders looked at the unusual path taken by Henry Walker, who just inked his second 10-day deal with the Heat.
  • In today’s mailbag, a reader asked Ira Winderman of the Sun Sentinel if he believes the Heat will take advantage of the $2.65MM exception they have as a result of Josh McRoberts‘ knee surgery.  Miami has until March 10th to use it, but Winderman doesn’t see them veering into tax territory to aid in a fight for the No. 7 or No. 8 seed.

Hawks Sign Jarell Eddie To 10-Day Contract

THURSDAY, 10:10AM: The Hawks officially announced via press release that they have inked Eddie to a 10-day deal.

WEDNESDAY, 8:15AM: The Hawks have agreed to sign training camp invitee Jarell Eddie to a 10-day contract, reports Shams Charania of RealGM. The small forward has been playing for the Spurs affiliate in the D-League. He’ll move into Atlanta’s lone open roster spot Thursday, according to Charania.

Eddie, who went undrafted out of Virginia Tech this past June, joined the Hawks for preseason on a deal without any guaranteed salary. The Celtics claimed Eddie shortly after Atlanta released him about a week shy of opening night, but he lasted only a few days in Boston and didn’t make the regular season roster. He instead made his mark as a sharpshooter in the D-League, knocking down 42.2% of his three-point looks for the Austin Spurs and winning the D-League’s All-Star Game three-point contest. The 23-year-old is averaging 12.1 points in 25.6 minutes per game across 36 appearances for San Antonio’s affiliate. The Hawks have frequently used the Austin Spurs for D-League assignments because of the close ties between the Atlanta and San Antonio organizations and Atlanta’s lack of its own one-to-one affiliate.

The Hawks reportedly spoke to Ray Allen earlier this season, and speculation that the NBA’s all-time leading three-point shot-maker would head to Atlanta intensified when the Hawks opened a roster spot in the trade that sent Adreian Payne to the Timberwolves. However, executives around the league have begun to doubt that Allen will play this year, and while a 10-day contract doesn’t cost the Hawks much flexibility, Atlanta’s use of one on a three-point shooter is nonetheless seemingly a further signal that teams are moving on from Allen.

Ray Allen Says He Won’t Play This Season

Ray Allen will not play this season, as he says in a statement released through agent Jim Tanner and the Tandem Sports and Entertainment agency. He’s not ruling out a return for 2015/16 but adds that he’ll take rest of this season and the offseason ahead to decide about that, suggesting that it’ll again be a long wait before we know if, much less where, Allen will play again. The 39-year-old has languished as the most sought-after free agent since the start of training camp, though the Cavs, long the front-runner for the friend and former teammate of LeBron James, recently appeared to drop out of the running. They were one of of 14 teams who expressed serious interest, a source tells Marc J. Spears of Yahoo! Sports (Twitter link).

“Over the past several months, I have taken a lot of time to deliberate what is best for me,” Allen said in the statement. “I’ve ultimately decided that I will not play this NBA season. I’m going to take the remainder of this season, as well as the upcoming off-season, to reassess my situation, spend time with my family and determine if I will play in the 2015/16 season.”

The Grizzlies, too, appeared no longer to be in the Allen sweepstakes as of this weekend, not long after executives around the league reportedly began losing faith that he’d sign. The Warriors, Wizards, Spurs, Heat and Hawks were keeping in touch with Allen’s camp as of early February, and Clippers coach/executive Doc Rivers said at about that time that he’d recently spoken to him.

Just about every playoff-bound team reportedly reached out to Allen at some point this season. The Wizards were apparently the most aggressive suitor as of January, though LeBron visited Allen’s home in Miami to woo the sharpshooter while the four-time MVP was in town for rehabilitation.

The Bulls were another suitor, though a trip he made to Chicago earlier this season wasn’t basketball-related, Tanner said. Tanner batted down reports that indicated his intentions regarding one team or another all throughout the process that began when he became a free agent in July. Allen said over the summer that it would take a “perfect storm scenario” for him to play this season, and he pointed to a desire for a veteran coach and more than the minimum salary.

Allen was seemingly leaning toward retirement in late December, though he indicated during the middle of last season that he wasn’t planning to retire so soon. If he doesn’t return, he’ll walk away as the NBA’s all-time leader in three-pointers made and career earnings in excess of $184.356MM, according to Basketball-Reference.

Latest On Nets, Hawks Sales

WEDNESDAY, 1:20pm: Investor and Lionsgate Entertainment chairman Mark Rachesky is joining the Frankel-Itzler-Starker bid, league sources tell Marc Stein of ESPN.com. At least one of the groups with interest in the Hawks is willing to pay more than $900MM, a source tells Stein, though it’s unclear if that total would include bonds tied to the arena that aren’t part of the franchise value, as Mike Ozanian of Forbes.com recently suggested. Stein also adds the names of Indonesian sports and media moguls Erick Thohir and Handy Poernomo Soetedjo to the group fronted by baseball legend Hank Aaron. Wilkins, the Hawks icon and current front office executive for the team, is expected to be a “prominent” member of a bidding group, Stein also hears.

12:23pm: Geffen tells Peter Newcomb of Bloomberg News that he’s not interested in buying the Nets, as Newcomb’s Bloomberg colleague Scott Soshnick tweets.

MONDAY, 8:54am: The Chinese investment conglomerate Fosun is bidding for the Hawks and has interest in the Nets, report Josh Kosman and Claire Atkinson of the New York Post, who hear from a sports banker who believes the Hawks will strike a deal with a new owner in six weeks. The investment fund for the government of the nation of Qatar and former interim Clippers CEO Dick Parsons are also among those interested in the Nets, a franchise that multiple sports bankers believe would sell for as much as $2 billion, according to Kosman and Atkinson. Impresario David Geffen is also considering a run at the Nets, Kosman and Atkinson write, renewing apparent interest from the past. The Post scribes also identify “two wealthy U.S. families” as parties eyeing the Nets.

One of the bankers to whom Kosman and Atkinson spoke disputed an earlier report that the NBA is mandating that current Nets owner Mikhail Prokhorov attach his 45% stake in the Barclays Center to his 80% share of the team, saying that the league hasn’t made a decision. The league is promising a verdict on the matter soon, but the confusion over just what’s a part of the sale is causing complication, Kosman and Atkinson hear. Bruce Ratner’s Forest City Enterprises has confirmed it’s shopping its 20% stake in the team, though Prokhorov’s camp has been reluctant to make the same pronouncement regarding its interest in a sale.

The Qatari investment fund seems an unusual bidder, though it has existing connections to the sports world. It owns a French soccer team, as Robert Windrem of NetsDaily points out. It also has ties to the NBA through beIN, a French sports television channel, the NetsDaily scribe tweets. Others linked to the Nets include former Oracle CEO Larry Ellison, investor David Bonderman and hedge fund manager David Einhorn, as well as Laurene Powell Jobs, the widow of Apple co-founder Steve Jobs.

The same banker who suggested the Hawks sale will be complete in six weeks tells Kosman and Atkinson that he believes the NBA would like to see the Hawks sold before the Nets are. A deadline for preliminary bids for the Atlanta franchise passed last week, and a long list of potential buyers exists. Tampa Bay Rays part-owner Randy Frankel is teaming with rapper-turned-entrepreneur Jesse Itzler and brokerage firm founder Steven Starker in one bid. Former NBA players Grant Hill and Junior Bridgeman, former Suns and Raptors GM Bryan Colangelo, and neuropsychologist Richard Chaifetz are partnering for another.  The owners of Atlanta’s WNBA team, Kelly Loeffler and Mary Brock, along with their husbands, Jeffrey Sprecher and John Brock, are also reportedly interested in bidding for the Hawks. Former players Dominique Wilkins, Dikembe Mutombo and Chris Webber, former Grizzlies CEO Jason Levien, attorney Doug Davis and Seattle-focused investors Chris Hansen and Thomas Tull have been linked to the club, too.

Kyler’s Latest: Love, Monroe, Gasol, Leonard

The trade deadline is in the past and the focus is shifting to the draft and this year’s class of free agents. Steve Kyler of Basketball Insiders takes a broad look at free agency for the summer ahead, passing along a number of noteworthy tidbits from his conversations around the league. His entire NBA AM piece is worth a read as he examines the outlook for several teams, and we’ll hit the highlights here:

  • The Celtics are planning to target marquee free agents this summer, with Kevin Love atop their list, followed by Greg Monroe, Kyler writes. Marc Gasol and restricted free agents Kawhi Leonard and Jimmy Butler are others in Boston’s sights, sources tell Kyler. It appears the Celtics will look to re-sign Brandon Bass to a salary lower than the $6.9MM he’s making this season, Kyler suggests, also indicating a likelihood that the Celtics renounce Jonas Jerebko‘s rights. That wouldn’t preclude a new deal with Jerebko, something that Steve Bulpett of the Boston Herald reported earlier that the Celtics would like, though it does indicate that the C’s aim to open cap space. That’s a path of questionable merit, as I examined.
  • There’s a “sense” that the Sixers will make a play for Monroe, too, as well as Butler, Tobias Harris and Reggie Jackson, according to Kyler.
  • Monroe, Love and Rajon Rondo are at least willing to meet with the Lakers this summer, Kyler hears, though Gasol and LaMarcus Aldridge are long shots for the team, the Basketball Insiders scribe cautions. Still, chatter is connecting the Lakers to just about every would-be free agent, including Jackson and Brandon Knight.
  • It’s unlikely that Rondo gets a full maximum-salary deal in free agency this summer, league sources tell Kyler, who surmises that teams would float short-term max offers instead. A full max from the Mavs would entail a five-year deal with 7.5% raises, while other teams can offer four years and 4.5% raises.
  • Sources also tell Kyler that they believe Monta Ellis will opt out this summer, which is no surprise given his level of play and the $8.72MM value of his player option.
  • Kyler also gets the sense that Paul Millsap is content with the Hawks and would like to stay for the long term, though it appears Atlanta is eyeing an upgrade at DeMarre Carroll‘s small forward position.
  • The Spurs will make Gasol their top free agent priority this summer, Kyler writes, though the team will have trouble signing him if Tim Duncan and Manu Ginobili return at salaries comparable to the ones they’re making. In any case, San Antonio was believed to be the team with the most interest in Monroe last summer, Kyler adds.

And-Ones: Thomas, Mudiay, Nets

Isaiah Thomas was stunned when the Suns dealt him right before the trade deadline but he wasn’t surprised the Celtics wanted him, Alex Kennedy of Basketball Insiders reports. Thomas, who has three years and approximately $19.76MM remaining on his contract after this season, expected Goran Dragic to be traded but thought he’d remain with the club that acquired him in a sign-and-trade deal with the Kings last summer, according to Kennedy’s story.  Boston’s Danny Ainge was the first GM to contact Thomas when the free agency period began in July and had been intrigued by Thomas’ skills since Thomas was a college prospect, Thomas told Kennedy. Thomas, who was named Eastern Conference Player of the Week on Monday, is excited about his role with the Celtics and hopes to remain with the team in the long term, Kennedy adds.

In other news around the league:

  • Marquee draft prospect Emmanuel Mudiay is once more playing with China’s Guangdong Southern Tigers months after it appeared his overseas stint was at an end, as Nick Bedard of Basketball Buddha notes. Mudiay is the No. 2 ranked prospect in Eddie Scarito’s Hoops Rumors Prospect Power Rankings, while Chad Ford of ESPN.com ranks him third and Jonathan Givony of DraftExpress has the point guard fourth.
  • Mirza Teletovic, a restricted free agent after the season, wants to remain with the Nets, Alex Raskin of the Wall Street Journal tweets. Teletovic is out for the season after he was diagnosed with multiple blood clots in his lungs in January. Teletovic was averaging 8.5 points and 4.9 rebounds in 40 games this season before the diagnosis.
  • The Hawks recalled Mike Muscala from the D-League’s Fort Wayne Mad Ants, the team announced on Monday, Muscala, who appeared in six games with the Mad Ants, is averaging 3.6 points and 2.1 rebounds in 20 games with Atlanta this season and gives the club some frontcourt depth.
  • The Sixers wanted to give JaVale McGee an opportunity to finish out the season with a playoff team, according to Chris Mannix of Sports Illustrated (Twitter link). Philadelphia coach Brett Brown said to Mannix it was “the right thing to do.” Several playoff teams are interested in McGee, who was acquired by the Sixers in a trade last month.

And-Ones: Butler, Bulls, Dragic, Muscala

Jimmy Butler is headed for an MRI exam on Monday after leaving the Bulls‘ game on Sunday in the third quarter with a hyperextended left elbow, as K.C. Johnson of the Chicago Tribune writes.  From that point, the Bulls should find out how much time Butler will miss, if any.  Here’s more from around the Association..

  • Johnson also notes that ESPN analyst and former head coach Jeff Van Gundy continued his spat with Bulls management during Sunday’s telecast of Bulls-Clippers.  Van Gundy went out of his way to mention executive vice president of basketball operations John Paxson‘s trade of LaMarcus Aldridge for Tyrus Thomas.
  • For the Heat, the question that should be asked of Goran Dragic is not whether he is a good player, but whether he is the kind of player that can put them ahead of the Eastern Conference’s elite like the Cavs, Bulls, and Hawks in the long-term, Moke Hamilton of Basketball Insiders writes.  In a league where there are plenty of capable point guards, one could make the case that the only ones with max salaries should be the ones that are either the final piece to a championship or an MVP-caliber performer.  In Hamilton’s estimation, Dragic is neither.
  • The Hawks announced that they have assigned forward/center Mike Muscala to the Fort Wayne Mad Ants of the D-League.  In five games with Fort Wayne this season, Muscala has averaged 14.4 PPG, 8.8 RPG, 1.6 APG, and 1.2 BPG.  He has appeared in 20 games for the Hawks this season with averages of 3.6 PPG and 2.1 RPG in 8.4 minutes per contest.  On Saturday night, he tallied four blocks against the Heat.

More Bidders Emerge For Hawks

FRIDAY, 11:51am: The highest bid for the Hawks franchise itself was for $800MM, a source tells Mike Ozanian of Forbes.com. The approximately $900MM figure reported earlier encompassed $112MM worth of bonds remaining from the construction of Philips Arena as well as the team, Ozanian hears.

THURSDAY, 9:45am: A part-owner of Major League Baseball’s Tampa Bay Rays and a neuropsychologist are among the people connected to at least seven groups that made preliminary bids this week to buy the Hawks, reports Scott Soshnick of Bloomberg.com. Some of the bids put out by Tuesday’s deadline to submit initial offers were for around $900MM, two sources told Soshnick, adding that the team may continue to accept offers in spite of that self-imposed deadline. Randy Frankel, who owns a minority stake in the Rays, is part of a group that includes rapper-turned-entrepreneur Jesse Itzler and brokerage firm founder Steven Starker, Soshnick hears. Dr. Richard Chaifetz, the neuropsychologist who founded a leading employee assistance firm, is partnering with Grant Hill and fellow former NBA player Junior Bridgeman in a bid for team, according to Soshnick.

Former Suns and Raptors GM Bryan Colangelo is also a part of the Chaifetz-Hill-Bridgeman group, with father Jerry Colangelo acting as a senior adviser, as TNT’s David Aldridge reported last month. A wide range of names have been connected to the Hawks since Bruce Levenson, who owns a controlling stake, revealed in September that he had sent a racially charged email and announced that he was selling his share. Later, the rest of the ownership groups involved with the team agreed to sell, too. The owners of Atlanta’s WNBA team, Kelly Loeffler and Mary Brock, were also reportedly interested in bidding for the Hawks, along with their husbands, Jeffrey Sprecher and John Brock, though it’s unclear if they were among those who made preliminary offers this week. Former players Dominique Wilkins, Dikembe Mutombo and Chris Webber, former Grizzlies CEO Jason Levien and attorney Doug Davis are others who’ve reportedly held interest. Investors Chris Hansen and Thomas Tull want to buy the team and move it to Seattle, but it appears highly unlikely they’ll get that chance.

The sale of the franchise, which Forbes valued at $825MM, seems destined to bring resolution to the situation surrounding GM Danny Ferry, who’s been on an indefinite leave of absence since September after it was revealed that he, too, made racially charged statements. The team Ferry built has surged to the top of the Eastern Conference with a record of 45-12 under the stewardship of coach Mike Budenholzer, who’s acting as the GM in Ferry’s stead.

And-Ones: Jennings, Wizards, Jerebko

Brandon Jennings might not have been thrilled the Pistons traded for another point guard but after meeting with coach and president of basketball operations Stan Van Gundy, he understands why the move was made, according to David Mayo of MLive.com. Jennings, who suffered a season-ending torn left Achilles tendon January 24th at Milwaukee, could wind up sharing time with recently-acquired Reggie Jackson next season if Jackson signs with the club as a restricted free agent, Mayo continues. Jennings, who has one year and approximately $8.34MM remaining on his contract, will be tough to trade this summer as he tries to return from the injury, Mayo adds.

In other news around the league:

  • The Wizards indeed used part of their Trevor Ariza trade exception to absorb Ramon Sessions‘ salary in last week’s trade, allowing them to create a new $4.625MM trade exception equivalent to Andre Miller‘s salary, reports Eric Pincus of Basketball Insiders (Twitter link). There had been conflicting estimates about how the Wizards handled the exceptions, as I noted earlier this week. The Ariza exception is now worth $2,252,089.
  • The Pacers, Knicks and Lakers are eyeing 28-year-old Lithuanian shooting guard Mantas Kalnietis, with Indiana showing the most interest, agent Tadas Bulotas tells Lithuania’s Sport 1 (YouTube link; transcription via TalkBasket.net). Kalnietis went undrafted in 2008, so no NBA team holds his rights.
  • Jonas Jerebko, who is in the final year of a four-year, $18MM deal he signed with the Pistons in December 2011, believes his time with the Celtics is an opportunity to showcase his true potential, reports Chris Forsberg of ESPNBoston.com. After spending his first five-plus NBA seasons with the Pistons, Jerebko was traded with Luigi Datome to Boston last week in exchange for Tayshaun Prince.
  • Monty Williams is acting like a coach with his job on the line even though he has a year left on his contract, John Reid of the New Orleans Times-Picayune reveals. The Pelicans coach has been forced to deal with injuries to his star player, Anthony Davis, but he is still under heavy pressure to win because of a frustrated fan base, Reid adds.

Will Joseph and Chuck Myron contributed to this post.