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Kevin Durant Rumors: Raptors, Pelicans, Suns, Heat

July 2nd, 2022 at 1:20pm CST by Luke Adams

After ESPN’s Adrian Wojnarowski suggested on Friday that Toronto is “lurking” as a team to watch in the Kevin Durant sweepstakes, Michael Grange of Sportsnet.ca writes today that the Raptors believe they can put together the best package for Durant that the Nets are likely to receive.

Grange describes the Raptors as “optimistic” rather than “confident,” noting that there’s a sense Durant is at least open to the idea of playing in Toronto, even if the team is not atop his wish list.

However, Grange cautions that the Nets may not agree with the Raptors’ assessment that they can offer the best package for Durant. Additionally, Grange’s story suggests Toronto has remained opposed to making reigning Rookie of the Year Scottie Barnes available so far.

While the Raptors have all their future draft picks and have several solid veterans on good contracts – including All-Stars Fred VanVleet and Pascal Siakam, as well as OG Anunoby and Gary Trent Jr. – it’s unclear if they’d be able to make a deal for Durant without putting Barnes on the table.

“That’s the billion-dollar question,” one source said to Grange.

Here’s more on Durant:

In the latest episode of ESPN’s Hoop Collective podcast (video link), Tim Bontemps said he believes “Toronto thinks it’s in the game” in the Durant sweepstakes, while Brian Windhorst said he still considers the Suns the favorites, since it’s rare for superstar players not to end up where they want to go.
Windhorst (video link) has heard that the Pelicans view head coach Willie Green – an assistant in Golden State during Durant’s Warriors years – as an asset in the chase for the former MVP. As Windhorst explains, the hope would be that if the Nets like what the Pelicans have to offer, Green would get the opportunity to sell Durant on New Orleans.
With New Orleans being mentioned as a possible Durant landing spot, Scott Kushner of NOLA.com wonders whether or not the Pelicans should seriously pursue the 34-year-old.
Within his latest look at the Durant situation, Michael Scotto of HoopsHype confirms that the Nets would want more than Deandre Ayton and Mikal Bridges in a trade with the Suns and says that any Heat package built around Tyler Herro “wouldn’t scratch the surface of what the Nets want.”
Brooklyn is seeking teams’ best assets, Scotto writes, including All-Stars, rising young players, and “substantial” unprotected draft picks and swaps.

Nets Rescind Kessler Edwards’ QO, Making Him UFA

July 2nd, 2022 at 11:16am CST by Luke Adams

The Nets have rescinded their qualifying offer to free agent wing Kessler Edwards, sources tell Michael Scotto of HoopsHype (Twitter link). The move makes Edwards an unrestricted free agent instead of a restricted FA.

The 44th overall pick in the 2021 draft, Edwards spent most of his rookie year on a two-way contract, then was signed to a standard deal right before the end of the regular season in order to make him playoff-eligible.

Edwards showed some promise in his first NBA season, averaging 5.9 points and 3.6 rebounds per game in 48 appearances (20.6 MPG). The former Pepperdine standout posted a .412/.353/.842 shooting line and even made 23 starts when the team’s depth was impacted by injuries and COVID-19.

While the Nets will no longer have the ability to unilaterally match any offer Edwards receives, they still hold his Non-Bird rights and could re-sign him. The club previously declined his minimum-salary player option in order to make him a restricted free agent, signaling that there was interest in a longer-term deal.

Brooklyn’s motives for pulling Edwards’ QO now are unclear, but it’s possible that with Kevin Durant‘s and Kyrie Irving‘s situations still up in the air, the club wanted to maximize its roster flexibility and not risk Edwards accepting his $1,837,966 qualifying offer — doing so would have locked in his salary for 2022/23 and given him the ability to veto a trade through the 2023 deadline.

Players On Designated Rookie Extensions

July 2nd, 2022 at 10:02am CST by Luke Adams

Since Nets star Kevin Durant made his trade request earlier this week, NBA fans have become a whole lot familiar with a specific term in the league’s Collective Bargaining Agreement: the designated rookie extension.

As we explain in a glossary entry on the subject, a designated rookie extension is a five-year extension given to a player who is entering the final year of his rookie scale contract. It must be worth the maximum salary, but it’s that fifth year in particular that makes a player a “designated rookie.” A player who signs a four-year, maximum-salary rookie scale extension is not considered a designated rookie.

Here’s the full list of players currently on designated rookie extensions:

Bam Adebayo (Heat)
Devin Booker (Suns)
Luka Doncic (Mavericks)
Joel Embiid (Sixers)
De’Aaron Fox (Kings)
Shai Gilgeous-Alexander (Thunder)
Donovan Mitchell (Jazz)
Jamal Murray (Nuggets)
Michael Porter Jr. (Nuggets)
Ben Simmons (Nets)
Jayson Tatum (Celtics)
Karl-Anthony Towns (Timberwolves)
Andrew Wiggins (Warriors)
Trae Young (Hawks)

An NBA team is permitted to carry up to two players on designated rookie extensions, as the Nuggets are with Murray and Porter. However, a team cannot carry two designated rookies if both of those players were acquired via trade.

Because the Nets acquired Simmons from the Sixers in this year’s James Harden blockbuster, that means they’re not allowed to trade for a second player on a designated rookie extension unless they move Simmons beforehand (or in the same deal). The same rule would apply to the Warriors with Wiggins, but it’s obviously far more relevant these days for the Nets, who are said to be seeking at least one young star in a package for Durant.

Many of the players on the above list aren’t going anywhere — it’s not as if the Mavericks are going to consider trading Doncic. But with a player like Durant on the trade block, few NBA stars are untouchable, and teams will have to take the designated rookie rule into account when they consider offers for the former MVP.

For instance, the Suns and Heat, who have been mentioned as Durant’s preferred landing spots, wouldn’t be able to trade Booker or Adebayo for him (not that Phoenix would be willing to include Booker anyway).

Grizzlies guard Ja Morant, Cavaliers guard Darius Garland, and Pelicans forward Zion Williamson are expected to be added to the above list soon. Morant agreed to a five-year, maximum-salary extension with Memphis, Garland did the same with Cleveland, and Williamson will sign one with New Orleans.

The designated rookie rule says that a team can’t carry two players acquired via trade if those players have signed designated rookie extensions that apply to a “current or future” cap year, so even though the extensions for Morant, Garland, and Williamson won’t take effect until 2023/24, the rule would apply to them as soon as they officially sign.

Only a player who signs a rookie scale extension can become a designated rookie. The rule doesn’t apply to players who reach free agency, even if they sign a five-year, maximum-salary contract at that time.

Pelicans forward Brandon Ingram, for example, isn’t considered a designated rookie since he signed his five-year max contract after becoming a free agent. Deandre Ayton also can’t be a designated rookie now that he has reached free agency. Either player could hypothetically be sent to Brooklyn in a Durant trade.

Players who signed four-year, maximum-salary rookie scale extensions also aren’t considered designated rookies, as noted above. That means Raptors forward Pascal Siakam could also theoretically be traded to Brooklyn without Simmons having to move.

Again, teams can carry two designated rookies if just one was acquired via trade. For instance, the Heat wouldn’t be prohibited from making a deal for Mitchell, since their current designated rookie (Adebayo) has spent his entire career in Miami.

Finally, it’s worth clarifying that this rule only applies if a trade occurs after the player signed his designated rookie extension. In other words, the Thunder would be allowed to trade for a second designated rookie without moving Gilgeous-Alexander, since they acquired him from the Clippers before he signed his rookie scale extension.

Latest On Kevin Durant

July 1st, 2022 at 6:11pm CST by Luke Adams

After speaking to “a couple” NBA general managers, Marc J. Spears of ESPN (video link via Talkin NBA) outlined during an appearance on NBA Today what sort of return the Nets are seeking as they explore the trade market for Kevin Durant.

“A young or future All-Star,” Spears said, “lots of picks, the ability to swap picks, and another starter.”

Spears went on to say that Durant “might not have as much control of the situation as one would think,” not only because he has four years left on his contract but because there are so many teams involved in the bidding. According to Spears, about half the league’s clubs remain interested.

Here’s more on Durant:

Sam Amick of The Athletic explains that Phoenix is Durant’s preferred destination in part because of his close relationship with Monty Williams, who was an assistant for the Thunder in 2015/16. The bond between the two men grew deeper after Williams’ wife was killed in a car accident in February 2016, Amick writes.
While Phoenix may be atop Durant’s wish list, Amick has gotten the sense that the Nets would want something more – or something “different” – than a Suns package headlined by Deandre Ayton and Mikal Bridges. Cameron Johnson is a player who might help move the needle for the Nets, Amick adds. However, John Gambadoro of Arizona Sports 98.7 (Twitter link) suggests that any deal between the Suns and Nets would likely see Phoenix giving up the maximum amount of first-round picks (four) and pick swaps (three).
The Heat are also on Durant’s wish list, but Amick says the former MVP would only want to play on a Miami team that features Jimmy Butler, Bam Adebayo, and Kyle Lowry. Amick is understandably skeptical that a package centered around Tyler Herro would gain any momentum.
The Nets have been “emboldened” by the returns in the Rudy Gobert and Dejounte Murray trades, which both included multiple unprotected first-round picks, Adrian Wojnarowski said during an appearance on ESPN’s televised NBA Free Agency Special on Friday evening. Wojnarowski added that he doesn’t believe the Nets are in any rush to make a deal, since they want to fully assess all their options.
Wojnarowski also said during ESPN’s NBA Free Agency Special (video link) that he believes the Raptors are “lurking” as a possible suitor for Durant, given their combination of players and draft picks, as well as their track record for making this sort of deal (for Kawhi Leonard in 2018).

Eastern Notes: Cavs, Rubio, Tsai, Bucks, Papagiannis, Bridges

July 1st, 2022 at 2:19pm CST by Arthur Hill

The Cavaliers‘ agreement with Ricky Rubio remains flexible and could eventually become a sign-and-trade with the Pacers, sources tell Chris Fedor of Cleveland.com. Rubio, who suffered a torn left ACL last December, isn’t expected to be able to play for the first two or three months of the season, so the Cavs want to explore other point guard options.

If they do a sign-and-trade with Rubio, they’d be able to use their $10.4MM mid-level exception to address that area, and Fedor suggests that another signing could be reported sometime this weekend.

Bringing back Rubio was “Plan A” for the team, Fedor adds, after he helped fuel a surprising rise to contention last season. Serving as a veteran component in a young backcourt, Rubio averaged 13.1 points, 4.1 rebounds and 6.6 assists in 34 games before the injury. Cleveland was 20-14 with Rubio last season, but only 24-24 when he didn’t play.

There’s more from the Eastern Conference:

Nets owner Joe Tsai is fed up with the drama surrounding the organization and won’t mind parting with Kevin Durant and Kyrie Irving, according to Joe Vardon of The Athletic. Vardon notes that Tsai has been willing to pay the luxury tax in the three seasons since Durant and Irving arrived, but he hasn’t gotten much in return, with just one playoff series win in that time. Other distractions, such as the coaching change involving Kenny Atkinson, the trades to acquire and then unload James Harden, the addition of Ben Simmons when he wasn’t ready to play, and Irving’s refusal to get vaccinated have all tested Tsai’s patience, Vardon adds.
The Bucks have some interest in former first-round pick Georgios Papagiannis, tweets Dionysis Aravantinos of HoopsHype. The Greek center fizzled out quickly after being selected at No. 13 in the 2016 draft — playing 38 games for the Kings and one for the Trail Blazers — but he has been a star in Europe, earning a spot on the All-EuroLeague Second Team this year. Papagiannis is still under contract to Panathinaikos, so Milwaukee would have to arrange a buyout, but Aravantinos doesn’t see that as an obstacle.
The wife of Hornets forward Miles Bridges has posted several photographs showing injuries that she says were caused when he attacked her this week, as Amy Woodyatt and Jacob Lev of CNN write. Bridges was arrested on Wednesday and charged with felony domestic violence. His next court date is scheduled for July 20, per CNN’s report.

Nets Are Seeking “Historic Haul” For Kevin Durant

July 1st, 2022 at 9:30am CST by Arthur Hill

There was a “ferocity” in the Nets‘ front office Thursday night as numerous teams called with trade offers for Kevin Durant, ESPN’s Adrian Wojnarowski said on Sports Center (Twitter link).

The response around the league to Durant’s trade request was immediate and intense as more than half the league made inquiries. Wojnarowski said it created an unprecedented situation as some teams called Brooklyn with offers and then called back later to increase those offers without getting a counter from the Nets.

“There’s never quite been a player of Durant’s stature at this point in his career available for a trade, certainly in the modern era,” Wojnarowski said, adding that Brooklyn is aiming for a “historic haul” in return.

He reports that the Nets are basing their asking price on what the Clippers gave up to Oklahoma City for Paul George (Shai Gilgeous-Alexander, Danilo Gallinari and five first-round picks) and what the Lakers paid to New Orleans for Anthony Davis (Lonzo Ball, Brandon Ingram, Josh Hart and three first-round picks).

The Nets “want more than that,” Wojnarowski said.

There’s more on Durant:

Watching the Warriors win the championship played a role in Durant’s desire to leave Brooklyn, Wojnarowski said on ESPN’s “Get Up.” It contributed to the narrative that Durant can’t win on his own and that he’s trapped in a dysfunctional situation with the Nets. Durant reportedly asked for “a change of scenery” when he met with ownership on Thursday.
Appearing this morning on ESPN’s “KJM,” Brian Windhorst cited a “high-90 percent chance” that the Nets will honor Durant’s trade request and said any deal involving Kyrie Irving will probably have to wait until Durant is moved. Irving only wants to go to the Lakers, but that means the Nets would have to take Russell Westbrook, who makes about $11MM more than Irving, and working out other compensation for Brooklyn won’t be easy.
On “Get Up,” Windhorst projected that the Durant trade will involve at least three teams. He cites a potential Nets-Suns deal, saying the match isn’t perfect and both teams will likely make calls to expand the trade and see if they can get assets that they want. Windhorst adds that could “freeze business for a while” around the league as multiple teams consider getting involved. One advantage for Phoenix, Windhorst notes, is that it has control of all its future draft picks and can offer up to four draft choices and three pick swaps. That could encourage several teams to help facilitate a Durant deal. Phoenix is believed to be Durant’s preferred landing spot.

Latest On Kevin Durant, Kyrie Irving

June 30th, 2022 at 9:56pm CST by Dana Gauruder

Kevin Durant‘s trade request increases the chances of a Kyrie Irving trade to the Lakers, Jovan Buha and Sam Amick of The Athletic report.

A straight Irving for Russell Westbrook swap would not work financially, so the Nets would either have to add another contract or include a third — and perhaps fourth team — for salary-matching purposes. Irving would be a better fit for LeBron James and Anthony Davis than Westbrook, providing better spacing offensively.

A potential deal could also lead the Lakers to part with first-rounders in 2027 or later.

If the Nets don’t want Westbrook’s salary, a third team could take that contract, with one of the Lakers’ picks and potentially Talen Horton-Tucker and/or Kendrick Nunn being involved.

A source told the Athletic that the chances of the Lakers landing Durant in a deal involving Davis is “zero.” Their focus, apparently, is on Irving.

We have more on the Durant/Irving situation:

The Nets don’t appear to be interested in Deandre Ayton, sources told John Gambadoro of Arizona Sports 98.7 (Twitter link). Thus, a potential trade with the Suns may not include the restricted free agent or it would have to involve a third team.
Irving is “fully supportive” of Durant’s trade request, according to Shams Charania of The Athletic (hat tip to RealGM). Irving knew Durant trade request was possible when he opted in to the final year of his contract.
Ben Simmons would be the major impediment to the Nuggets getting involved in the Durant sweepstakes, Mike Singer of the Denver Post notes. League rules stipulate that teams can’t have two players on a rookie scale max extension that have been acquired via trade. Jamal Murray and Michael Porter Jr. would both fit that description.
In the days before Irving’s choice to opt-in, sources close to Ayton raised the possibility of an Ayton-Mikal Bridges deal with the Nets, according to The Athletic’s Sam Amick. It was unclear at that time whether or not Durant was going to ask for a trade.
In the same piece, Alex Schiffer says he’s heard the Nets want multiple All-Stars in any deal for Durant.

Warriors, Nets, Clippers Top Taxpaying Teams For 2021/22

June 30th, 2022 at 9:40pm CST by Rory Maher

The 2021/22 NBA season was a record-setting one for luxury tax payments.

According to data from Albert Nahmad of HeatHoops.com and Yossi Gozlan of HoopsHype, the league’s previous single-year record for total luxury tax payments was $173.3MM, back in 2002/03.

This season, the Warriors‘ tax penalties alone nearly matched that league-wide record. And they were joined by six other taxpayers whose combined end-of-season bills shattered the previous record even without Golden State’s help.

Here’s the complete breakdown of the seven taxpaying teams, courtesy of Eric Pincus of SportsBusinessClassroom.com:

Golden State Warriors: $170,331,194
Brooklyn Nets: $97,711,261
Los Angeles Clippers: $83,114,692
Milwaukee Bucks: $52,037,160
Los Angeles Lakers: $45,117,195
Utah Jazz: $18,833,260
Philadelphia 76ers: $13,876,624

All told, the seven teams paid a staggering combined total of $481,021,386.

Half of that total will be dispersed to the league’s non-taxpayers, which means that 23 teams will receive $10,456,987 each. The league will get the remaining $240,510,693 to help fund its revenue sharing program, says Pincus.

These numbers make it more obvious why a team like the Celtics made a concerted effort to get out of luxury tax territory at the trade deadline. A tax bill of $2MM or so wouldn’t break the bank for Boston’s ownership group, but the C’s generated more than just $2MM in savings by ducking below the tax line — they’re now one of the 23 teams that will receive a $10MM+ windfall.

Having said that, the Celtics gladly would have paid the tax penalty had they won the championship — Jaylen Brown would have received a bonus in that scenario, which would have pushed them over the line.

It’s worth noting that the Warriors are the only one of these seven taxpayers who were subject to “repeater” penalties this season, so it’s not as if those more punitive repeater penalties fueled this year’s record-setting totals. Even without the repeater penalties, the Dubs would have owed approximately $131MM in taxes.

The majority of these teams project to be taxpayers again in 2022/23.

Nets Acquire Royce O’Neale From Jazz

June 30th, 2022 at 5:34pm CST by Dana Gauruder

5:34pm: The trade is official, according to press releases from both teams.

2:05pm: The Jazz are trading starting forward Royce O’Neale to the Nets for a first-round pick, Shams Charania of The Athletic tweets.

Brooklyn is using a $11.3MM trade exception it created in the James Harden trade with Philadelphia to take on O’Neale’s salary, Bobby Marks of ESPN tweets. The Jazz will create a trade exeption worth O’Neale’s outgoing salary.

The pick headed to Utah is a 2023 first-rounder, Adrian Wojnarowski of ESPN tweets. Brooklyn is sending the lesser of its own, Houston’s, or Philadelphia’s first-round pick, Wojnarowski adds in another tweet.

The Sixers sent their first rounder for next season to the Nets in the same Harden deal. Houston has the right to swap its pick with Brooklyn’s next season, courtesy of the four-way swap in 2021 that landed Harden in Brooklyn.

O’Neale has a $9.2MM salary next season and a $9.5MM salary for 2023/24. However, the last year is guaranteed is only guaranteed for $2.5MM.

O’Neale, noted for his defensive prowess, has been a fixture in Utah’s lineup for the last three seasons. He averaged 7.4 PPG, 4.8 RPG and 2.5 APG in 31.2 MPG this past season while appearing in 77 regular season games.

The acquisition of O’Neale will likely diminish the possibility of the Nets re-signing free agent swingman Bruce Brown. On the flip side, Utah’s decision to trade one of its starters signals that other moves are on the way. The first-rounder will give it an asset to dangle for another trade.

More Than Half Of NBA Teams Have Inquired On Durant

June 30th, 2022 at 3:55pm CST by Luke Adams

Since word broke this afternoon that Nets star Kevin Durant has requested a trade out of Brooklyn, more than half of the teams in the NBA have called to inquire about the former MVP, Adrian Wojnarowski of ESPN said during an appearance on NBA Today this afternoon (video link via Malika Andrews).

The Suns and Heat have been mentioned as two of Durant’s preferred landing spots, but the Nets are expected to take the best deal available to them rather than focusing on sending the veteran forward to a specific destination.

According to Jake Fischer of Bleacher Report, the Warriors are probably the only team that can be ruled out as a landing spot for Durant. I’d also be shocked if the Nets were willing to send him to the cross-town Knicks.

Early indications are that the Nets aren’t especially inclined to acquire Deandre Ayton via sign-and-trade as the centerpiece of a Durant deal, Fischer writes, adding that – from Brooklyn’s perspective – any deal with Phoenix or Miami would likely have to start with Devin Booker or Bam Adebayo. However, both of those players are on designated rookie extensions, prohibiting the Nets from acquiring either one unless they move Ben Simmons.

Given that the Rockets control the Nets’ draft picks (either outright or via swap rights) for the next several years, don’t expect Brooklyn to pivot to a full-fledged rebuild as part of a Durant trade, ESPN’s Brian Windhorst said during the same episode of NBA Today (video link)

Windhorst isn’t sure if the Nets will get a superstar in return, but expects them to target selfless, team-first players, citing Suns forward Mikal Bridges as an example. As Windhorst observes, those are the types of players GM Sean Marks spoke about wanting during his end-of-season media session in May.

“We’re looking for guys that want to come in here and be part of something bigger than themselves, play selfless, play team basketball, and be available,” Marks said at the time.

Windhorst also says his phone is “blowing up” with executives wondering where Kyrie Irving is going to end up. There has been no indication that Irving has requested a trade, but he seems far less likely to remain in Brooklyn for the final year of his contract if Durant is traded.

“If Kevin Durant is on the first train out, Kyrie Irving will be on the caboose as far as the Nets are concerned,” Windhorst said.

According to Fischer, league sources “continue to whisper” about Irving’s desire to join the Lakers and reunite with LeBron James. However, a trade between L.A. and Brooklyn would be challenging, since the Nets reportedly have no interest in Russell Westbrook.