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Latest On Kevin Durant, Kyrie Irving

July 6th, 2022 at 9:30am CST by Luke Adams

Both Adrian Wojnarowski of ESPN (appearing on NBA Today) and Shams Charania of The Athletic (appearing on The Pat McAfee Show) stressed on Tuesday that the Nets‘ trade of Kevin Durant could take some time, with the team in no rush to make a deal.

While Wojnarowski observed that being able to have face-to-face conversations with other teams at the Las Vegas Summer League starting this week could help the Nets gather some momentum toward an agreement, he and Charania both noted that many past superstar trades – such as James Harden to Brooklyn or Anthony Davis to Los Angeles – have taken several months to come together.

There has been no indication that Durant will rescind his trade request and happily report to Brooklyn in the fall if the Nets have trouble finding a deal they like, says Charania. However, the Nets have been telling teams that until their asking price (All-Star caliber players and a “boatload” of draft picks) is met, they won’t move the former MVP, according to Charania.

Here’s more on Durant and his teammate and fellow trade candidate Kyrie Irving:

Wojnarowski said on NBA Today that he views the Raptors as the most “seamless” one-on-one trade partner for the Nets with Durant, since other suitors like the Suns and Heat would probably require a third team to get anything done. Wojnarowski said that “people should be watching” the Raptors, while ESPN’s Bobby Marks said during an NBA Today appearance of his own (video link) that he considers Toronto the “leader in the clubhouse.”
Appearing on Sportsnet The Fan’s Morning Show in Toronto (audio link), ESPN’s Brian Windhorst expressed some skepticism that the Raptors will be willing to put Scottie Barnes into an offer for Durant.
Wojnarowski views the Nets’ Tuesday deals with T.J. Warren and Edmond Sumner as another signal that they aren’t looking to rebuild and will want “good players” in any Durant trade. Marks, meanwhile, believes those agreements are a sign that no Durant deal is imminent and the Nets recognized they needed to start filling out their roster rather than waiting for a 5-for-1 type trade to materialize.
Kevin O’Connor of The Ringer makes a case for why he views New Orleans as the most logical landing spot for Durant and why he thinks the Pelicans have more than enough assets to get a deal done.
According to Wojnarowski, the Nets and Lakers are engaged in a “dance” over the Irving negotiations and don’t appear to have made serious inroads toward a deal. On The Pat McAfee Show (video link), Charania agreed, suggesting that it’s not a lock Kyrie will end up in L.A. “There’s no traction on any type of a Lakers deal for Kyrie Irving,” Charania said. “There’s nothing new on that. I’m not quite sure we’re going to see that take place.

Nets Sign Edmond Sumner

July 5th, 2022 at 10:58am CST by Luke Adams

JULY 8: The Nets have officially signed Sumner, the team announced today in a press release.

JULY 5: After reaching a contract agreement with T.J. Warren earlier in the day, Brooklyn is set to sign another former Pacer who missed the entire 2021/22 season due to an injury.

According to Adrian Wojnarowski of ESPN (Twitter link), the Nets and free agent guard Edmond Sumner have agreed to a deal. Sumner tore his left Achilles tendon last September and was sidelined all of last season as he recovered.

Prior to the injury, Sumner enjoyed a career year in Indiana in 2020/21, playing a career-high 16.2 minutes per game and earning 24 starts in 53 contests. The 6″4″ guard averaged 7.5 PPG and 1.8 RPG with an impressive shooting line of .525/.398/.819, and projected to be part of the Pacers’ rotation for ’21/22.

The Nets actually acquired Sumner in a trade with the Pacers during the 2021 preseason, following his Achilles tear, but that was a salary-dump deal that sent a future second-round pick to Brooklyn. Sumner was waived a few days later.

While the terms of the agreement between Sumner and the Nets have yet to be reported, it’s almost certain to be a minimum-salary contract.

Brooklyn’s roster remains in flux due to the unresolved Kevin Durant and Kyrie Irving situations, so Sumner’s exact role remains to be determined, but he’ll likely be a depth piece in the backcourt.

Nets Sign T.J. Warren To One-Year Contract

July 5th, 2022 at 8:50am CST by Luke Adams

JULY 7: Warren’s deal with the Nets is now official, the team announced. “T.J. is a proven three-level scorer with the size and versatility to make an impact for us,” said Nets general manager Sean Marks. “We think T.J. is a great fit on the wing, and we’re excited to welcome him and his family to Brooklyn.”

JULY 5: The Nets have reached a free agent agreement with forward T.J. Warren and will sign him to a one-year contract, sources tell Adrian Wojnarowski of ESPN (Twitter link).

The terms of the deal aren’t yet known. Brooklyn hasn’t used its taxpayer mid-level exception yet and could offer Warren any amount between his minimum ($2.6MM) and the full taxpayer MLE ($6.5MM).

Warren, who will turn 29 in September, has averaged 15.5 PPG on .507/.357/.780 shooting in 332 regular season games since entering the NBA as the 14th overall pick in 2014. However, he has missed nearly two full seasons due to left foot problems, playing just four times in 2020/21 and then sitting out the entire ’21/22 campaign.

Reports have indicated that Warren is fully recovered heading into 2022/23, and in his last full season (’19/20) he put up 19.8 PPG with a .536/.403/.819 shooting line, making him an intriguing flier in free agency this offseason. He’ll likely have to shake off some rust, but if he’s back to 100%, he’s an explosive scorer capable of creating matchup problems for opposing defenses.

It’s unclear what Warren’s role will look like in Brooklyn, where the Kevin Durant and Kyrie Irving situations remain very much in flux. His place on the depth chart will hinge on whether Durant is moved and what the Nets get back in any deal for the former MVP.

The Nets have now made deals this summer to add both scoring and defense on the wing, having also acquired forward Royce O’Neale from Utah in exchange for a first-round pick.

Warren began the offseason as the No. 50 free agent on our top-50 list and moved up to No. 46 after a few players exercised options.

New York Notes: Irving, Durant, Harris, Grimes, Quickley, Toppin

July 4th, 2022 at 10:54pm CST by Dana Gauruder

The Nets have leverage in trade negotiations and intend to use it, which could drag out the process into training camp, Brian Lewis of the New York Post writes.

Kyrie Irving has opted in to the last year of his deal and Kevin Durant‘s four-year extension is just getting underway. So, they can take their time finding the right trade package. It’s also hard to imagine Durant holding out or refusing to play, as Ben Simmons did in Philadelphia, if the Nets don’t deal him.

We have more on the New York teams:

In the same piece, Lewis quotes a league source as saying the Nets are opposed to the idea of trading Joe Harris. Holding onto Harris could indicate a retooling on the fly, while trading the 3-point specialist would signal a major rebuild. “I know the Nets absolutely do not want to trade Joe under any scenario,” the source told Lewis. “But there are just thousands of different ways this can play out.”
Quentin Grimes, who is on the Knicks’ summer league squad, could be in the mix for a starting job when the regular season begins, according to Steve Popper of Newsday. The 2021 first-round pick showed some promise last season with his defense and 3-point shooting. A bout with COVID-19 and a dislocated patella marred his rookie season. Grimes could get a shot to start if the Knicks deal Evan Fournier.
The free agent additions of Jalen Brunson and Isaiah Hartenstein leave Immanuel Quickley and Obi Toppin as likely second-unit performers, Zach Braziller of the New York Post notes. The latter duo finished last season on a high note with expanded roles but they project as reserves next season.

13 Trade Exceptions Set To Expire In July

July 4th, 2022 at 12:49pm CST by Luke Adams

A total of 13 traded player exceptions created during the 2021 NBA offseason are set to expire this month if they go unused.

A trade exception is an NBA salary cap exception that can be generated when a team trades a player away. It allows that team to acquire a certain amount of salary without sending out any in return for one year after the exception was created. The club is permitted to trade for a player earning the amount of the exception, plus $100K.

For instance, the Trail Blazers are set to use their $20,864,198 trade exception, created in February’s CJ McCollum trade, to acquire Jerami Grant, who is earning $20,955,000 in 2022/23. Grant narrowly fits into that TPE after accounting for the $100K in wiggle room.

Most trade exceptions expire without being used, but teams can sometimes find a use for them — especially the bigger ones like Portland’s. So it’s worth keeping tabs on which ones are still available.

Here are the 13 exceptions set to expire this month:

Boston Celtics: $17,142,857 (expires 7/18)
Los Angeles Clippers: $8,250,000 (expires 7/18)
Indiana Pacers: $7,333,333 (expires 7/7)
New Orleans Pelicans: $6,382,262 (expires 7/7)
Chicago Bulls: $5,000,000 (expires 7/7)
Memphis Grizzlies: $4,054,695 (expires 7/7)
Brooklyn Nets: $3,246,530 (expires 7/6)
Toronto Raptors: $3,070,052 (expires 7/6)
Atlanta Hawks: $1,782,621 (expires 7/7)
Golden State Warriors: $1,782,621 (expires 7/7)
Milwaukee Bucks: $1,517,981 (expires 7/7)
Boston Celtics: $1,440,549 (expires 7/7)
Brooklyn Nets: $118,342 (expires 7/6)

The Celtics’ $17MM exception, created in last year’s Evan Fournier sign-and-trade, is the most noteworthy one here, but it appears unlikely to be used. Boston reached a deal last week to acquire Malcolm Brogdon without having to use the exception, and now appears to be a long shot to strike another major trade agreement.

The third exception on this list, the Pacers’ $7.3MM TPE, will disappear if Indiana decides to operate under the cap. The team would have to renounce the exception in order to actually make use of its cap room.

While it’s possible some of the other exceptions on this list will be used before they expire, they won’t accommodate any of the deals that have been agreed upon to date.

The full list of outstanding trade exceptions can be found right here.

Nets Sign Alondes Williams To Two-Way Deal

July 4th, 2022 at 9:10am CST by Rory Maher

JULY 4: Williams’ two-way deal with the Nets is now official, the team announced today in a press release.

As our tracker shows, Brooklyn’s other two-way slot remains open, though the club has a two-way qualifying offer out to David Duke.

JUNE 24: The Nets are signing Alondes Williams to a two-way deal, sources tell Shams Charania of The Athletic and Stadium (Twitter link).

The 6’5″ guard averaged 18.5 PPG, 6.4 RPG, 5.2 APG and 1.2 SPG on .507/.282/.691 shooting as a junior for Wake Forest in 2021/22. He spent his first two college seasons with Oklahoma prior to transferring to the Demon Deacons.

Williams won ACC Player of the Year and was selected to the All-ACC First Team for his strong performance this past season. He was ranked 59th on ESPN’s big board prior to the draft, so he was considered a fringe second-round pick, but ultimately went undrafted and landed in Brooklyn.

Spurs, Pacers, Pistons Still Have Cap Room Available

July 4th, 2022 at 9:01am CST by Luke Adams

While many free agent agreements have been reported since last Thursday evening, few will become official until the NBA’s moratorium period ends this Wednesday. That means the terms that have been reported – and the cap space or cap exceptions teams will use to complete those signings – haven’t yet been locked in.

Still, we have a pretty good sense of what the cap room situation looks like for teams around the league. Here’s a snapshot, as of the morning of July 4, of which clubs still have the most spending power:

Teams with cap room:

By our count, the Spurs project to have about $38MM in remaining cap room, and could push that number even higher by stretching Danilo Gallinari‘s partial guarantee across three years when they officially waive him. However, it’s very unlikely they’d do so unless they have a specific need for that extra room. San Antonio could also create some extra space by waiving Keita Bates-Diop or Tre Jones, who have non-guaranteed salaries for 2022/23, though there has been no indication that will happen.

The Pacers, meanwhile, should have a little over $26MM in cap room once the Malcolm Brogdon trade is finalized, based on our projections. Like San Antonio, Indiana has a couple players without full guarantees (Duane Washington and Terry Taylor) and could create more cap space by waiving one or both.

The Pistons have already committed a chunk of their cap room to taking on Nerlens Noel, Alec Burks, and Kemba Walker from New York, but haven’t used it all yet. If Walker gives back his minimum salary in a reported buyout agreement and Detroit uses its room exception to sign Kevin Knox to his two-year, $6MM deal, the team could have $14MM+ in space — or even more, if Walker’s dead money is stretched across three seasons.

It remains unclear what the Spurs, Pacers, and Pistons will do with their remaining cap room. All three teams have been linked to restricted free agent center Deandre Ayton at some point during the offseason and could theoretically still make a run at him, with Indiana and Detroit perhaps sending back players in a sign-and-trade deal to fit a max deal for the big man under the cap. Still, there’s a sense the Pistons have backed off Ayton after landing Jalen Duren on draft night, and it’s unclear whether the Spurs or Pacers have serious interest.

Accommodating salary-dump trades to acquire more assets could be an option for all three teams, either in the offseason or close to the trade deadline.

The Knicks are the other team expected to use cap room this summer, but after signing Jalen Brunson and Isaiah Hartenstein, they won’t have much left over. Even if they waive Taj Gibson and sign Brunson and Hartenstein to the lowest starting salaries possible based on their reported contract terms, New York projects to have less than $5MM in remaining room.

Mid-level exception teams:

The Hornets, Grizzlies, Thunder, Magic, and Jazz all still have their full non-taxpayer mid-level exceptions available, giving them the ability to offer up to about $10.5MM to a free agent. It’s worth noting though that Utah’s cap situation remains in flux as we wait to see what other moves the team has up its sleeve after trading Royce O’Neale and then agreeing to a blockbuster deal involving Rudy Gobert.

The Hawks, Nets, Heat, Pelicans, and Suns haven’t committed any mid-level money to free agents yet, but unless they shed salary, they’ll probably be limited to the taxpayer MLE (worth about $6.5MM) due to their proximity to the tax line.

The Bulls have used a small portion of their mid-level exception and should still have $7MMish available to spend, but doing so would push them into luxury tax territory, which ownership may be against.

There are some teams that could theoretically open up part or all of their mid-level exception if they’re able to turn reported free agent agreements into sign-and-trades. For example, Ricky Rubio agreed to a three-year, $18.4MM deal with the Cavaliers that will presumably use the MLE, but if Cleveland and Indiana were able to work out a sign-and trade deal involving Rubio, it would free up the Cavs’ mid-level to use on another move.

Trade Rumors: Durant, Irving, Lakers, Warriors, Sexton, Mavs

July 4th, 2022 at 7:42am CST by Luke Adams

With nearly three months until training camps get underway, the Nets have time on their side and are in no rush to complete trades involving Kevin Durant and/or Kyrie Irving, ESPN’s Adrian Wojnarowski said during a Sunday appearance on SportsCenter (video link).

As Wojnarowski explains, the Suns and Heat – believed to be Durant’s preferred landing spots – “don’t really have the ability to do one-on-one deals” with Brooklyn and give the Nets the pieces they want, so three- or four-team scenarios will have to be explored.

“The market is still taking shape,” Wojnarowski said. “I think it’s incumbent on some of the other teams to be creative and start bringing to Brooklyn ideas, going out and seeing if they can get players (and) picks that would put the kind of package it would take to get Kevin Durant.”

As for Irving, Wojnarowski described the point guard’s trade market as “slow-moving.”

“The Lakers have yet, I’m told, to be aggressive in trying to put a deal together to get him from Brooklyn,” Wojnarowski said. “That may come, that may evolve with time, but so far right now there’s no traction really on deals with either Irving or Kevin Durant. They’ll develop over time.”

Here are a few more rumors related to Durant and other top NBA trade candidates:

The Warriors‘ stars aren’t pushing the front office to acquire Durant, but would welcome such a deal if it happened, writes Marcus Thompson II of The Athletic. Still, Thompson, citing multiple sources within the Warriors’ organization, stresses that a reunion with Durant is “highly unlikely.” Marc J. Spears of ESPN previously reported that Golden State had interest in the two-time Finals MVP.
While the Mavericks are rumored to have some level of interest in Cavaliers restricted free agent guard Collin Sexton, Chris Fedor of Cleveland.com doesn’t view Dallas a likely landing spot. As Fedor explains on the Wine and Gold Podcast (hat tip to HoopsHype), the Mavs don’t have cap space and the Cavs aren’t attracted to the pieces Dallas could offer in a sign-and-trade. Acquiring a player via sign-and-trade would also hard-cap the Mavs, who project to be above the tax apron this season.
Yossi Gozlan of HoopsHype considers possible destinations for Donovan Mitchell in the event that the Jazz are willing to make him available, while John Hollinger of The Athletic proposes five hypothetical trade packages for Durant.

Latest On Kevin Durant, Kyrie Irving

July 3rd, 2022 at 8:46pm CST by Luke Adams

The Warriors are among the teams with interest in Nets superstar Kevin Durant, sources tell ESPN’s Marc J. Spears (Twitter link). As Spears notes, more than half the teams in the league are said to be interested in Durant, so it comes as no surprise that Golden State is among them.

Still, there are plenty of reasons to be skeptical about the idea of the Warriors emerging as a legitimate suitor for Durant. Appearing on ESPN Radio (Twitter audio link) Spears proposed a package that would include Andrew Wiggins, Jordan Poole, Jonathan Kuminga, and James Wiseman, but the Nets wouldn’t be permitted to acquire Wiggins without trading Ben Simmons, and there has been no indication they intend to move Simmons, especially given that they’d have to sell him for pennies on the dollar at this point.

Without Wiggins included, either Klay Thompson or Draymond Green would be required for salary-matching purposes, and it’s difficult to envision the Warriors breaking up their long-term championship core to reunite with Durant, who chose to leave the organization as a free agent three years ago. Earlier this week, Jake Fischer of Bleacher Report cited sources with knowledge of the situation who indicated Golden State is the only team that is not “a tangible option” for Durant.

As we wait for further developments on the Durant front, we also have a few notes to pass along on him and his Nets teammate – and fellow trade candidate – Kyrie Irving:

League personnel who spoke to Brian Lewis of The New York Post said that the Nets are “adamant” about getting All-Star caliber talent back in any Durant deal, and aren’t in any rush to make a move. League sources tell Lewis that nothing is close to getting done at this point.
Appearing on The Rally on Bally Sports (Twitter video link) on Saturday, Shams Charania of The Athletic suggested the Sixers are among the teams to watch for Irving. It’s very hard to imagine Philadelphia making a serious play for Kyrie — it would require either parting with James Harden or moving Tobias Harris in order to reunite Irving with Harden, whose trade request out of Brooklyn was said to be motivated in part by Kyrie’s vaccination decision.
For what it’s worth, Nick Wright of FS1 (Twitter link) reports that there “no appetite” for Irving in Philadelphia and the Sixers haven’t engaged in any trade talks for him. According to Lewis, the 76ers are keeping an eye on Irving and have briefly spoke to the Nets, but he hears from a source that “nothing happened there.”
Charania also identified the Mavericks as a possible suitor for Irving, but Brad Townsend of The Dallas Morning News is unconvinced of that, writing that Kyrie is “the acquisition of a desperate team.” Towsend doesn’t believe Dallas is that desperate.
The Lakers remain the most likely trade partner for Irving. According to Ian Begley of SNY.tv (Twitter video link), there has been some optimism from the Lakers’ side that they’re gaining momentum toward making a deal with the Nets.
In his latest Substack article, Marc Stein says he believes Irving is destined to end up with the Lakers. As Stein writes, he has heard “repeated rumbles” that LeBron James is pushing for the team to acquire Irving, and it’s “impossible to ignore the growing expectation leaguewide” that Kyrie will land in L.A..

Nets Rumors: Durant, Trade Request, Edwards, Irving

July 3rd, 2022 at 10:21am CST by Arthur Hill

Free agency has stalled as teams wait to see what will happen with Nets star Kevin Durant, but the situation could be resolved when general managers gather this week in Las Vegas for Summer League, writes Brian Lewis of The New York Post. Owner Joe Tsai and GM Sean Marks are making their way through a flood of offers and are focused on getting the best package in return rather than making a quick decision.

The Heat and Suns are reportedly Durant’s preferred destinations, and while Lewis says the Nets are willing to work with Durant and business partner Rich Kleiman on finding the right deal, they won’t be “held hostage” by Durant’s wishes.

The Pelicans and Raptors may provide the best options to trade Durant without having to rely on a third or fourth team to make the deal work, Lewis adds. Both teams have full control of their future draft picks and they have young stars in Brandon Ingram and Scottie Barnes to build a trade package around.

There’s more news from Brooklyn:

Durant made his first public comment since his trade request, Lewis states in the same piece, with a tweet on Saturday that read, “The ones who were locked in that gym with me know what it is, they know what I’m about. If u haven’t been in there with me, ask around.” Robin Lundberg of Sports Illustrated responded with specific questions about Durant’s intentions, but Durant answered, “Keep dreaming robin lmao.”
The Nets pulled their qualifying offer to Kessler Edwards this week, but they still have interest in bringing him back, Lewis adds. Brooklyn holds Edwards’ Non-Bird rights and is talking to the 21-year-old forward about a new deal.
Other teams have little interest in trading for Kyrie Irving because they know he wants to end up with the Lakers, according to Brian Windhorst of ESPN (Twitter link from Hoop Central). “In talking to league executives over the last couple of hours, the value of Kyrie Irving in a trade has absolutely plummeted,” Windhorst said. “They know he’s going to be a pure rental. If he doesn’t want to go to the situation he is [traded] to, it’s unclear what he’ll do.”