Brooklyn Nets Rumors | Hoops Rumors

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.

Nets’ Kevin Durant Requests Trade

June 30th, 2022 at 1:51pm CST by Luke Adams

Nets star Kevin Durant has requested a trade out of Brooklyn, sources tell Shams Charania of The Athletic (Twitter link).

Durant’s business manager Rich Kleiman tells Adrian Wojnarowski of ESPN (Twitter link) that he and Durant are working with Nets general manager Sean Marks to find a new home for the former MVP. Durant made his trade request directly to Nets owner Joe Tsai today, sources tell Wojnarowski (Twitter link).

Multiple reports last week suggested that Durant was mulling his long-term future in Brooklyn, despite being under contract for the next four years on a maximum-salary contract. At the time, those rumors were believed to be tied to Kyrie Irving‘s efforts to secure a long-term deal with the Nets — once Irving decided to opt in, there was a sense that things may quiet down in Brooklyn for the time being.

Clearly, that’s not the case.

Word of Durant’s newfound availability breaks with the start of 2022 free agency just hours away, potentially upending many teams’ offseason plans. The Suns, for instance are shifting their focus to Durant, per John Gambadoro of Arizona Sports 98.7. Gambadoro tweets that Phoenix doesn’t want to gut its roster to get Durant, but he’s the club’s new top priority.

The 33-year-old will be one of the most valuable trade assets to ever hit the market, according to ESPN’s Adrian Wojnarowski (Twitter link), who notes that Brooklyn will be seeking a “historic return.” No one on the roster is expected to be off-limits as the Nets engage in trade talks, Wojnarowski adds.

Durant has the Suns listed as one of his preferred destinations, per Chris Haynes of Yahoo Sports (Twitter link). The Heat have also been mentioned as a preferred landing spot for the 12-time All-Star, tweets Jake Fischer of Bleacher Report.

However, while Wojnarowski confirms that Phoenix and Miami are on Durant’s wish list, he says the Nets plan to get the best deal they possibly can (Twitter link). Since he’s under contract for four more seasons, Durant will have limited leverage to pick and choose his destination.

While the 2021/22 season was a disappointing one in Brooklyn from a team perspective, Durant was as good as ever. He appeared in just 55 games due to a knee injury, but averaged 29.9 PPG, 7.4 RPG, and 6.4 APG on .518/.383/.910 shooting in 37.2 minutes per contest. He’ll earn approximately $44.1MM in 2022/23 and about $197.7MM in total through ’25/26, with no option on the final year.

According to Wojnarowski (Twitter link), Irving and Durant had no contact with the Nets after Kyrie picked up his option earlier this week, creating a “sense of inevitability” that a Durant trade request might be coming. There has been no indication yet that Irving has made a similar request, but it’s safe to assume Brooklyn will consider its options with the star guard if Durant is on the move — especially if the team shifts to rebuilding mode.

As the Nets begin exploring potential trade packages for Durant, it’s worth noting that they’re ineligible to trade for a second player who is on a five-year rookie scale extension via the “designated rookie” rule, as ESPN’s Bobby Marks notes (via Twitter).

Teams are permitted to carry two “designated rookies” but only one can have been acquired via trade, and the Nets already have Ben Simmons. That rules out Brooklyn acquiring a player like, for instance, Bam Adebayo unless Simmons is dealt. And Sam Amick of The Athletic suggests (via Twitter) that the Nets are expected to hang onto Simmons.

The Nets would still be eligible to acquire a player like Deandre Ayton on a maximum-salary contract since he’s no longer eligible to receive a designated rookie extension. However, Ayton would have to be acquired via sign-and-trade, which would hard-cap the Nets for the 2022/23 league year, so the team would have to shed significant salary to make that a realistic option.

P.J. Tucker Unlikely To Return To Heat

June 30th, 2022 at 11:56am CST by Arthur Hill

There will be significant interest in P.J. Tucker when free agency begins later today, and the veteran forward is considered unlikely to re-sign with the Heat, according to Alex Schiffer of The Athletic (Twitter link).

Schiffer mentions the Hawks, Timberwolves, Nets, Bulls and Sixers among the teams that plan to target Tucker, adding that they will offer either the non-taxpayers’ mid-level exception of $10.49MM, or in the case of the Nets and Hawks, the taxpayers’ MLE of $6.48MM. Atlanta could also make a trade to shed salary and get below the tax line, opening up the use of the full MLE.

A report earlier this week suggested that Miami is willing to give Tucker a guaranteed three-year deal, but at less than the full MLE. It appears several teams are ready to outbid the Heat for his services.

Philadelphia has been rumored as a prime suitor for Tucker, as president of basketball operations Daryl Morey also signed him in Houston. Atlanta and Brooklyn have been mentioned as well, but Minnesota and Chicago are new to the list.

The 37-year-old Tucker is an elite defender who was part of the Bucks’ title-winning roster in 2021 and helped the Heat become the No. 1 seed in the East this season. He averaged 7.6 points and 5.5 rebounds per game for Miami and shot 41.5% from three-point range.

Eastern Rumors: Gallinari, Celtics, Nets, O’Neale, Wizards, Turner

June 30th, 2022 at 11:01am CST by Luke Adams

The Hawks and Danilo Gallinari have agreed to push back the forward’s salary guarantee date to July 8, reports Jake Fischer of Bleacher Report (Twitter link). Gallinari’s $21.45MM salary for 2022/23, which is currently only partially guaranteed for $5MM, was originally set to become fully guaranteed if he remained under contract through Wednesday.

However, with word breaking that he would be sent to San Antonio in a trade for Dejounte Murray, there was an expectation that Gallinari’s guarantee deadline would be moved, giving the two teams some time to complete the trade and assuring him of some extra money — it appears he’s in line to receive about an extra $6.57MM in order to ensure his guarantee is large enough to legally match Murray’s salary.

While Fischer suggests the new guarantee date opens the door for the Hawks to further expand the Murray trade before it becomes official, it will also simply ensure the Spurs and Hawks have a chance to complete the trade once the transaction moratorium ends on July 6 and that San Antonio can subsequently waive Gallinari before the rest of his salary becomes guaranteed. Assuming he’s released next week, Gallinari will have an opportunity to find a new landing spot without having to wait until later in the offseason to reach the open market.

Here’s more from around the East:

Within their look at possible targets for the Celtics‘ $17MM+ trade exception, Jay King and Jared Weiss of The Athletic say that Boston has been exploring possible deals for Hawks wing Kevin Huerter “for some time now.” John Hollinger of The Athletic thinks a trade sending Huerter to Boston would make sense for both teams if the Celtics can handle the tax hit.
The Nets are among the teams that have interest in trading for Jazz forward Royce O’Neale, sources tell Ian Begley of SNY.tv. A report last week indicated that O’Neale was generating serious trade interest.
The Wizards and free agent point guard Delon Wright have mutual interest, according to Begley. Washington addressed its point guard hole by agreeing to acquire Monte Morris, but could still use another reliable option at the position, and Wright should be attainable using the mid-level exception.
Whether he begins the 2022/23 season with the Pacers or a new team, center Myles Turner should be ready to play from day one. According to Scott Agness of Fieldhouse Files, Turner is now fully healthy, having experienced no setbacks in his recovery from a stress reaction in his left foot.

Hawks Rumors: Murray, Durant, Collins, Hunter

June 30th, 2022 at 10:46am CST by Arthur Hill

The Hawks‘ trade for Dejounte Murray was the result of pressure from ownership to improve the roster before Trae Young‘s super-max extension takes effect next season, according to Chris Kirschner and Sam Amick of The Athletic. Murray is under contract for a combined $34.2MM over the next two years, and while the team doesn’t expect him to agree to an early extension that would limit his future earnings, there’s confidence that he will be a long-term backcourt partner for Young.

Atlanta’s front office had a “sense of confusion and disbelief” that the Spurs were willing to part with Murray, a 25-year-old All-Star with a team-friendly contract, the authors add. Sources tell them that the teams discussed a Murray deal last week, but the Spurs didn’t contact the Hawks for a long time afterward, leading to concerns on Atlanta’s side that San Antonio was reconsidering the trade or may have found a better offer.

San Antonio also discussed Murray with the Timberwolves, but Minnesota wasn’t willing to give up as much as the Hawks eventually did, Kirschner and Amick add. The Knicks were reported as a possible destination, but the authors say they never had trade talks with the Spurs about Murray.

There’s more from Atlanta:

Amid the chaos surrounding the Nets last week, the Hawks were preparing to have an offer ready in case Kevin Durant asked for a trade, according to Kirschner and Amick.
Young is “really excited” about the Murray trade, states ESPN’s Adrian Wojnarowski, who adds that Atlanta likely isn’t done reshaping its roster (Twitter link).
The Hawks are facing a shrinking market for John Collins, Michael Scotto of HoopsHype says in a podcast with Kirschner that was recorded Wednesday before the Murray trade was announced. Two potential destinations were eliminated when the Kings drafted Keegan Murray and the Trail Blazers traded for Jerami Grant. Kirschner adds that Atlanta won’t give up Collins without a decent return, so there’s a chance he won’t be traded this offseason.
Scotto and Kirschner address a number of other Hawks-related items. Atlanta may have interest in a Deandre Ayton sign-and-trade but only if it’s less than a max deal, De’Andre Hunter is considered part of the team’s core and could eventually land an extension near $20MM per season, and Delon Wright is much more likely to be re-signed than Lou Williams. Kirschner also cites potential “heat” on Nate McMillan, saying the Hawks will consider a coaching change if they don’t get off to a fast start next season.

Latest On Deandre Ayton

June 30th, 2022 at 8:30am CST by Luke Adams

Reports this week have continued to suggest that the Suns and Deandre Ayton may be headed for a divorce, with a sign-and-trade agreement considered the most likely outcome. However, it remains unclear which teams will be Ayton’s top suitors in restricted free agency.

Prior to last week’s draft, the Pistons were viewed as a strong candidate to make a play for Ayton, but they landed Jalen Duren on draft night and committed to using most of their available cap room to accommodate salary dumps, reducing the likelihood that they’ll make a serious play for the former No. 1 overall pick.

In the latest episode of his Hoop Collective podcast, ESPN’s Brian Windhorst said to “keep an eye on Indiana,” noting that the Pacers spoke to Phoenix about a possible Ayton deal prior to February’s trade deadline (hat tip to Timothy Rapp of Bleacher Report).

Indiana would make sense as a landing spot for Ayton if the team trades incumbent center Myles Turner. The Pacers have some cap flexibility and wouldn’t be as hamstrung by the base year compensation rule impacting Ayton as some of his other suitors might be.

As a result of the base year compensation rule, Ayton’s incoming salary from a new team’s perspective will count in full (on a maximum-salary contract, that’d be approximately $31MM), whereas from the Suns’ perspective, the outgoing salary would only be half that amount (about $15.5MM).

That will make salary-matching very challenging in some cases, but not for the Pacers, who have the cap flexibility necessary to accommodate Ayton’s new contract while sending out less than the $24-25MM+ that would be required to meet matching requirements.

Here are a few more rumors on possible landing spots for Ayton:

The Timberwolves, who are believed to be in the market for a rim-protecting center, are “another team to watch” for Ayton, Windhorst said during the aforementioned episode of his Hoop Collective podcast. The Wolves will be over the cap and would need to make a sign-and-trade deal. It’s unclear if they have the pieces necessary for such a move.
The Nets like Ayton, according to Chris Mannix of SI.com, who suggests Brooklyn could put together a package centered around Joe Harris. However, that would be extremely difficult, since acquiring a player via sign-and-trade would hard-cap the Nets, who project to be well over the tax. It’s hard to see how they could make such a move without moving off Kyrie Irving or Ben Simmons.
The Raptors have been mentioned as a possible Ayton suitor, but Michael Grange of Sportsnet.ca (Twitter link) doesn’t believe there have been any talks about Toronto acquiring the big man.
John Gambadoro of Arizona Sports 98.7 (Twitter link) suggests that the looming possibility of a Rudy Gobert trade could affect Ayton’s market, since some of the teams in the market for an impact center prefer the Jazz star to Ayton.