Hornets Rumors

Buyout Market: Ellington, Kaminsky, Gortat, Smith

The Pistons will be an aggressive suitor for Wayne Ellington once he reaches the buyout market, Adrian Wojnarowski of ESPN tweets. The Suns are expected to reach a buyout and waive the shooting guard, whom they just acquired from the Heat. The Thunder are also reportedly interested in Elllington. Detroit is seeking a veteran addition at shooting guard after trading starter and impending free agent Reggie Bullock to the Lakers.
We have plenty more buyout market developments:
  • The Hornets will look to reach a buyout with big man Frank Kaminsky after failing to trade him, Sean Deveney of Sports Illustrated tweets. The little-used Kaminsky is making $3.62MM this season.
  • Veteran center Marcin Gortat is interested in joining the Warriors but Golden State will take a wait-and-see approach regarding the waiver wire and buyout market, Chris Haynes of Yahoo Sports tweets. Gortat, a starter most of the season, is expected to be waived by the Clippers.
  • The Cavaliers have no plans to discuss a buyout with J.R. Smith and failing to find a trade partner for the shooting guard, Chris Fedor of the Cleveland Plain Dealer tweets. Smith is making $14.72MM this season but his $15,68MM salary for next season is not guaranteed unless he remains on the roster through June 30th.
  • The Raptors’ flurry of activity, including an agreed-upon trade with the Grizzlies for center Marc Gasol, will make them an active participant in the buyout market, Tim Bontemps of the Washington Post tweets. Toronto will be down to just 10 players on the active roster, plus two two-way players. That means there will be playing time available for free agents that will soon clear waivers.
  • The Celtics do not have an immediate target to fill their open roster spot, Mark Murphy of the Boston Herald tweets. Enes Kanter, expected to be bought out by the Knicks as early as today, isn’t believed to be on their radar screen, a source tells Murphy.

Trade/Buyout Rumors: Kaminsky, Vonleh, Kanter, More

The Hornets are still “pushing hard” for a taker for Frank Kaminsky and there are indications that teams are interested, tweets Marc Stein of The New York Times. The fourth-year center will be a restricted free agent this summer and doesn’t appear to be in Charlotte’s long-range plans.

The ninth selection in the 2015 draft, Kaminsky has only appeared in 24 games under new coach James Borrego and is averaging 5.5/2.5/1.1 in about 11 minutes per night. He has fallen completely out of the rotation over the past two months, playing just 41 minutes in Charlotte’s last 23 games.

There’s more to pass along as the deadline gets closer:

  • The Nuggets have expressed interest in acquiring Noah Vonleh from the Knicks, tweets Ian Begley of ESPN. Vonleh has been productive in New York since signing a minimum contract, averaging 8.6 points and 8.5 rebounds per night, mostly as a starter. He will be a free agent this summer. Denver has a pair of trade exceptions that Vonleh would fit into and is about $7MM under the luxury tax.
  • While Enes Kanter probably won’t be traded today, he’s expected to reach the buyout market, and rival executives believe the Celtics will be among the teams with interest in him, sources tell Begley (Twitter link).
  • Elsewhere on the buyout market front, Marc Stein of The New York Times (Twitter link) adds the Pacers to the list of clubs that will have interest in Wesley Matthews if and when he’s bought out.
  • The Rockets, another team with potential interest in Matthews, still intend to be active on the buyout market after sneaking under the luxury tax threshold today, a source tells Tim MacMahon of ESPN.com (Twitter link).

Arthur Hill contributed to this post.

Trade Rumors: Gasol, Conley, Hornets, Wolves, Suns

The Grizzlies hold two of the NBA’s biggest trade chips as today’s trade deadline approaches, and the two teams linked most frequently to Marc Gasol and Mike Conley, respectively, remain in the hunt for those players, according to reports.

Marc Stein of The New York Times tweeted this morning that the Hornets continue to engage the Grizzlies on a potential deal for Gasol, which has been rumored throughout the week, and ESPN’s Adrian Wojnarowski confirms (via Twitter) that the two teams are still trying to bridge the gap in those talks.

Meanwhile, on the Conley front, the Jazz have been most frequently cited as a potential landing spot for the veteran point guard. Despite whispers that Conley prefers not to end up in Utah, the Jazz haven’t abandoned their efforts to acquire him, according to Stein, who tweets that Memphis has considered waiting until the offseason to revisit Conley trade talks.

Even if Gasol and/or Conley stay put, it could still be an active deadline in Memphis. Stein notes (via Twitter) that JaMychal Green is attracting trade interest. Garrett Temple and Justin Holiday have also been mentioned as potential trade candidates.

Here are a few more trade rumors from across the league:

  • While their focus is on Gasol for now, the Hornets were in the mix for Harrison Barnes before he was sent to Sacramento, according to Stein (Twitter link).
  • The Timberwolves haven’t made any serious progress on any deals, according to Darren Wolfson of 5 Eyewitness News, who observes (via Twitter) that the Jeff Teague, Gorgui Dieng, and Taj Gibson contracts won’t be easy to move due to large cap hits and – in the case of Teague and Dieng – multiyear commitments. Anthony Tolliver, on a smaller expiring contract, has generated interest and could be moved today, Wolfson adds.
  • League sources tell Duane Rankin of The Arizona Republic that the Suns haven’t talked to the Lakers about a Lonzo Ball deal and that Josh Jackson and T.J. Warren aren’t expected to go anywhere today.
  • Although there may be an outside perception that Anthony Davis‘ trade request has destabilized the Pelicans, none of his teammates have shown even a hint of animosity toward him, as Michael C. Wright of ESPN.com details. Head coach Alvin Gentry called Davis “a great kid,” while teammate Jrue Holiday said, he “loves” having AD around. “He’s like my big brother. He takes care of me,” Jahlil Okafor said of Davis. “… Selfishly, I would love to be by him every day like I have been this year. But at the end of the day, I just want him to be happy.”

Eastern Trade Rumors: Cavs, A. Holiday, Kaminsky, Raps

It has been a busy season on the trade market for the Cavaliers, who entered sell mode early and have moved Kyle Korver, George Hill, and Alec Burks in separate deals over the course of the 2018/19 campaign.

Even after all that action, the Cavaliers may not be done dealing, according to Chris Fedor of Cleveland.com, who reports that Cleveland’s front office is still exploring the market in search of a possible home for J.R. Smith. Although the Cavs plan to continue their efforts to move Smith right up until today’s deadline, making a deal is “easier said than done,” a source tells Fedor.

Despite the fact that Smith is on a pseudo-expiring contract, with only $3.87MM of his $15.68MM salary for 2019/20 guaranteed, his $14.72MM cap hit for this season – and the fact that he hasn’t played in an NBA game since mid-November – will be a tough sell. It wouldn’t be a surprise if Smith ultimately ends up on the buyout market after the deadline.

Here’s more from around the Eastern Conference:

  • We’ve heard that the Pacers might be willing to move Cory Joseph and Darren Collison, but it’s their other point guard – rookie Aaron Holiday – who has been a popular target for teams making inquiries, writes J. Michael of The Indianapolis Star. Although Indiana initially took those calls, the club has now pulled Holiday off the table and has no plans to deal him this week, a source tells Michael.
  • While the Hornets remain in the mix for Marc Gasol, they’re also still on the lookout for a potential landing spot for Frank Kaminsky, independent of a Gasol deal, tweets Sporting News’ Sean Deveney. Kaminsky, who has played just 41 minutes in Charlotte’s last 23 games, would presumably welcome a change of scenery.
  • Despite some rumors this week involving the Raptors, Mike Conley, and Kyle Lowry, there’s currently no traction on a Toronto deal that would include those players, tweets Michael Grange of Sportsnet.ca.
  • The Magic and the Bulls are among the clubs that have expressed some level of interest in Clippers point guard Milos Teodosic, according to Orazio Cauchi of Sportando, who hears that a Teodosic trade is still possible. As we heard earlier in the season, the former EuroLeague star also continues to draw plenty of interest from international teams, Cauchi notes.

NBA G League Assignments/Recalls: 2/6/19

Here are Wednesday’s assignments and recalls from the G League:

Marc Gasol Talks Between Hornets, Grizzlies Not Dead

The trade discussions involving Marc Gasol between the Hornets and Grizzlies aren’t completely dead yet, sources tell Jake Fischer of SI.com (Twitter link). We heard on Tuesday night that Charlotte and Memphis were becoming skeptical that they’d get something done, but according to Fischer, the two teams remain hopeful of completing a deal.

While Gasol doesn’t really have a say in his destination, Rick Bonnell of The Charlotte Observer hears from a source close to the veteran center that he expects to ultimately end up with the Hornets (Twitter link).

With talks between the two teams apparently heating up on Tuesday, the Grizzlies held Gasol out of their game against Minnesota. According to Fischer (via Twitter), some people involved in the process believe Memphis may have forfeited some leverage by prematurely sitting Gasol while the Hornets played all their veterans.

There are a number of different player combinations the Hornets could use to match Gasol’s $24MM+ salary, but Kevin O’Connor of The Ringer reported today that the Charlotte’s offer would likely include Bismack Biyombo, Michael Kidd-Gilchrist, and a protected first-round pick.

According to O’Connor, a difference in opinion over the protections on that first-rounder was the main hold-up, though Fischer suggests that the two sides may also not have agreed on the contracts required for salary-matching purposes. Memphis’ proximity to the luxury tax line could also be an issue — assuming the Grizzlies take on Biyombo and Kidd-Gilchrist, they’d likely want to attach at least one more player to Gasol to avoid going into tax territory.

The Grizzlies have less than 24 hours to determine whether they’ll move Gasol and/or Mike Conley before this season’s trade deadline. What Memphis does with those two players could have a ripple effect on the rest of the roster, with veterans like JaMychal Green, Garrett Temple, and Justin Holiday also believed to be on the trade block.

Forbes Releases 2019 NBA Franchise Valuations

A year ago, when Forbes released its annual NBA franchise valuations, the Knicks were reeling from the news that Kristaps Porzingis has suffered a torn ACL, but still earned the top spot on Forbes’ list of the league’s most valuable teams.

This time around, Knicks fans are reeling from the trade that sent Porzingis to Dallas. Once again though, the franchise is still considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen and Mike Ozanian of Forbes.

For the first time, all 30 NBA teams have a perceived worth of $1.2 billion or more, per Forbes’ annual report. While all 30 teams’ valuations cracked the $1 billion threshold for the first time last year, 10 franchises were below $1.2 billion.

The league-wide average of $1.9 billion per team in 2019 is also a new record, with franchise valuations up 13% in total over last year’s figures. NBA franchise values have once again tripled over the last five years, according to Badenhausen and Ozanian.

Here’s the full list of NBA franchise valuations, per Forbes:

  1. New York Knicks: $4 billion
  2. Los Angeles Lakers: $3.7 billion
  3. Golden State Warriors: $3.5 billion
  4. Chicago Bulls: $2.9 billion
  5. Boston Celtics: $2.8 billion
  6. Brooklyn Nets: $2.35 billion
  7. Houston Rockets: $2.3 billion
  8. Dallas Mavericks: $2.25 billion
  9. Los Angeles Clippers: $2.2 billion
  10. Miami Heat: $1.75 billion
  11. Toronto Raptors: $1.675 billion
  12. Philadelphia 76ers: $1.65 billion
  13. San Antonio Spurs: $1.625 billion
  14. Portland Trail Blazers: $1.6 billion
  15. Sacramento Kings: $1.575 billion
  16. Washington Wizards: $1.55 billion
  17. Phoenix Suns: $1.5 billion
  18. Oklahoma City Thunder: $1.475 billion
  19. Utah Jazz: $1.425 billion
  20. Indiana Pacers: $1.4 billion
  21. Denver Nuggets: $1.375 billion
  22. Milwaukee Bucks: $1.35 billion
  23. Orlando Magic: $1.325 billion
  24. Atlanta Hawks: $1.3 billion
  25. Cleveland Cavaliers: $1.275 billion
  26. Detroit Pistons: $1.27 billion
  27. Minnesota Timberwolves: $1.26 billion
  28. Charlotte Hornets: $1.25 billion
  29. New Orleans Pelicans: $1.22 billion
  30. Memphis Grizzlies: $1.2 billion

The Sixers are this year’s big riser, moving from 21st on the 2018 list to 12th in 2019. Conversely, the Cavaliers fell the most. After losing LeBron James, Cleveland was the only franchise to see its valuation dip from year to year, as it decreased from $1.325 billion (15th) in 2018 to $1.275 billion (25th) in 2019.

O’Connor’s Latest: Gasol, Conley, OKC, Prince, More

As we relayed earlier today, Kevin O’Connor of The Ringer hears that the Hornets‘ offer for Grizzlies center Marc Gasol is Bismack Biyombo, Michael Kidd-Gilchrist, and a protected first-round pick. That would be an underwhelming return for Gasol, but there hasn’t been much league-wide interest in the 34-year-old, O’Connor writes.

The Kings and Pistons were among the teams potentially in the mix for Gasol, according to O’Connor, but Memphis didn’t have any interest in Detroit center Andre Drummond and Sacramento was unwilling to part with promising young wing Bogdan Bogdanovic, whom the Grizzlies wanted.

The Raptors reportedly explored a potential Gasol deal, initially attempting to come up with an individual trade for one Grizzlies veteran before turning it into a package for both Gasol and Mike Conley, O’Connor writes. However, those talks didn’t advance and league sources tell The Ringer that it’s unlikely Toronto ends up with Gasol or Conley.

Elsewhere on the Conley front, the Jazz continue to make a strong push, with an offer that includes Ricky Rubio, Derrick Favors, and a first-round pick, per O’Connor. The sense around the NBA is that the Grizzlies won’t settle for a modest return for Conley, which is something we heard in relation to the Pistons’ offer earlier today.

O’Connor’s latest piece for The Ringer features several more trade-related tidbits, so we’ll round them up here…

  • The Thunder are believed to be among the teams with interest in Cavaliers guard Alec Burks, league sources tell O’Connor. However, Burks wouldn’t fit into OKC’s $10.88MM trade exception. The Thunder, along with the Sixers and Trail Blazers, have expressed interest in Hawks wing Taurean Prince, O’Connor adds.
  • Following up on his report from last week about the Rockets and Grizzlies discussing a Brandon Knight trade, O’Connor suggests that Marquese Chriss and a first-round pick would also go to Memphis in that proposed deal. Houston would be targeting JaMychal Green and Garrett Temple in the swap, though it remains in the discussion stage for now.
  • The Kings have made calls about veteran forwards Harrison Barnes (Mavericks) and Otto Porter (Wizards) but have found no traction on a Porter deal, writes O’Connor.
  • While DeAndre Jordan looks like an obvious trade candidate, it wouldn’t be a major surprise if the Knicks keep him around as a potential recruiter for Kevin Durant, according to O’Connor, who notes that Durant and Jordan are good friends. Stefan Bondy of The New York Daily News wrote about this subject on Tuesday.
  • League sources don’t expect the Celtics to do anything at the deadline with Terry Rozier, since he could serve as potential Kyrie Irving insurance or a sign-and-trade sweetener for Anthony Davis in the offseason, says O’Connor.
  • According to O’Connor, the Pacers remain open to moving one of their two veteran point guards, Cory Joseph or Darren Collison. Both players are on expiring contracts.

Hornets, Grizzlies Skeptical Over Completing Gasol Trade

FEBRUARY 6, 9:54am: The trade the Grizzlies and Hornets have discussed would see Gasol head to Charlotte in exchange for Bismack Biyombo, Michael Kidd-Gilchrist, and a protected first-round pick, league sources tell Kevin O’Connor of The Ringer. However, the two sides haven’t been able to agree on the protections for the draft pick, according to O’Connor, who confirms that the impasse might be enough to derail the deal entirely.

FEBRUARY 5, 11:06pm: There is “increasing skepticism” that a trade sending Gasol to the Hornets will happen, sources tell Sean Deveney of Sporting News. Deveney notes that a deal has “not progressed” despite Charlotte’s interest in the veteran center.

9:25pm: While the Hornets and Grizzlies have discussed Gasol, no trade has been agreed upon yet, tweets Chris Herrington of The Daily Memphian. Gasol joined his Memphis teammates on the bench for tonight’s game against Minnesota.

5:01pm: The Grizzlies are in “strong talks” to send veteran center Marc Gasol to the Hornets, tweets Shams Charania of The Athletic (Twitter link). As both sides negotiate the framework of the deal, including Gasol’s $24.1MM salary, the Grizzlies will sit the big man tonight against the Timberwolves, Charania adds.

Gasol, along with longtime Memphis teammate Mike Conley, has been at the forefront of trade rumors since the team put both players on the trade block last month. We relayed earlier today that the Raptors reportedly expressed interest in both Gasol and Conley. The Kings and Pistons have previously expressed interest in Conley.

The 34-year-old has spent his entire 11-year career with the Grizzlies, making three All-Star teams. While injuries have slowed the Spaniard in recent years, he’s still an above average contributor, averaging 15.7 PPG and 8.6 RPG in 53 games this season.

Per Marc Stein of the New York Times (Twitter link), Hornets owner Michael Jordan wants the team to make the playoffs. Therefore, he has let teams know that the team intends to be a buyer approaching Thursday’s trade deadline. At 26-26, Charlotte is currently the seventh seed in the Eastern Conference, trailing the Nets by half a game.

NBA G League Assignments/Recalls: 1/31/19

Here are Thursday’s assignments and recalls from around the NBA G League: