Charlotte Hornets Rumors | Hoops Rumors

Hornets Notes: Trades, Howard, Biyombo, Parker

July 9th, 2018 at 3:05pm CST by Luke Adams

In exchange for taking on an extra year of salary when they traded Dwight Howard for Timofey Mozgov, the Hornets acquired a pair of second-round picks. However, the Nets also sent cash to Charlotte in that deal, and now we know just how much. According to Eric Pincus of Basketball Insiders (Twitter link), the Hornets received $5MM for their troubles.

During the 2018/19 league year, an NBA team can only acquire up to $5.243MM in cash in trades, so the Hornets nearly reached their limit in that transactions with the Nets. Charlotte did reach its limit shortly thereafter, when the team flipped one of the second-rounders it acquired from Brooklyn to the Thunder. In that swap, which sent Hamidou Diallo to Oklahoma City, the Hornets received $243K in cash along with a 2019 second-round pick, tweets Pincus.

The Hornets now won’t be able to acquire any more cash in a trade until the 2019/20 league year begins, though they can still send out up to $5.243MM in deals this season.

Here’s more out of Charlotte:

Explaining the decision to trade Howard, Hornets president of basketball operations Mitch Kupchak said the team considered waiving and stretching the veteran center like the Nets ultimately did, but decided the trade with Brooklyn was the best way to go. Rick Bonnell of The Charlotte Observer has the details, along with the quotes from Kupchak.
According to Kupchak, Bismack Biyombo‘s rebounding and rim-protecting abilities are a key reason why the Hornets flipped Mozgov to Orlando for him (link via Rick Bonnell). Kupchak also spoke about the increasing value of second-round picks around the NBA — Charlotte has made five trades so far this offseason, and all five have included at least one incoming or outgoing second-rounder.
Kevin Pelton of ESPN.com doesn’t believe the Hornets will receive great value from the two-year, $10MM deal they gave Tony Parker. Pelton cites Parker’s .498 true shooting percentage, which ranked 252 out of the 275 players who played at least 1000 minutes last season, as one reason for pessimism, adding that Charlotte failed to take advantage of a buyer’s market for point guards.
Even if Parker’s on-court numbers for the Hornets are lacking, new head coach James Borrego values the veteran leadership the longtime Spurs point guard will bring to the franchise, as Rick Bonnell writes. “We were trying to find a player in free agency that had experience, had wisdom, had winning DNA,” Borrego said. “He is such a valuable piece and has been to that San Antonio organization. We’re very fortunate right now.”

Contract Details For Devonte' Graham

July 8th, 2018 at 6:54pm CST by Luke Adams

Devonte’ Graham‘s three-year deal with the Hornets is worth approximately $4.07MM (Twitter link). The first two years are guaranteed for the 34th overall pick, who was signed using part of Charlotte’s mid-level exception.

Spurs Notes: Parker, White, Anderson, Leonard

July 8th, 2018 at 10:57am CST by Arthur Hill

Tony Parker wanted to stay in San Antonio, but the Spurs wouldn’t offer a multi-year deal or guarantee significant playing time, relays Jeff McDonald of The San Antonio Express-News. Parker hasn’t given up on his goal of playing 20 NBA seasons, but he’ll need three more to get there and it became increasingly clear that wouldn’t happen in San Antonio.

“The Spurs will always be home,” said Parker, who agreed to a two-year, $10MM contract with Charlotte. “San Antonio will always be a big part of my life. At the end, I just felt like the Hornets wanted me more.”

Parker will have a defined role in Charlotte as the primary backup to point guard Kemba Walker. Playing time wouldn’t have been guaranteed with the Spurs, who wanted him to serve primarily in a mentorship role. Parker, who spent 17 years in San Antonio and won four NBA titles, met with longtime teammate Tim Duncan two weeks ago to discuss the decision to leave.

“I never took for granted that what we did was hard,” Parker said. “Me, Manu [Ginobili] and Tim took less money in free agency every time. It’s not easy to have a dynasty. I think some people maybe took it for granted. I don’t think what we did will ever happen again.”

There’s more today from San Antonio:

The loss of Parker should create more playing time for Derrick White, McDonald writes in a separate story. The former first-round pick can handle either backcourt position, but is being used primarily at point guard during summer league play.
The Spurs haven’t decided whether to match the Grizzlies’ offer sheet for Kyle Anderson and will probably go right to today’s deadline before making an announcement, McDonald notes in a another piece. Memphis extended a four-year, $37.2MM offer to Anderson on Friday that includes a 15% trade kicker. Anderson, 24, had a career-best season in 2017/18, starting 67 of the 74 games he played and averaging 7.9 points, 5.4 rebounds and 1.6 steals per night. The Spurs are already near the tax line, and matching Anderson’s deal would move them about $3MM closer on top of his $6.45MM cap hold.
The decision on Anderson could provide a clue on what the Spurs plan to do with Kawhi Leonard, McDonald tweets. If they plan to keep Leonard and try to fix their strained relationship, the Spurs won’t have significant minutes to offer Anderson. If they expect to trade Leonard before the season starts, there’s no one else on the roster who can fill Anderson’s role on defense.
The Spurs made a front office move over the weekend, adding former Pistons director of player personnel Adam Glessner, according to Vince Ellis of The Detroit Free Press (Twitter link).

Cavaliers Notes: Love, Lue, James, Zizic

July 8th, 2018 at 9:08am CST by Arthur Hill

Kevin Love has a chance to raise his trade value by the February deadline, which may explain why the Cavaliers aren’t putting him on the market now, writes Terry Pluto of Cleveland.com. GM Koby Altman said this week that the organization “doesn’t get better” by moving Love, and a rival executive that Pluto talked to agrees.

With LeBron James gone, Love will become the new focus of the offense in Cleveland and he has a good chance to raise the numbers of 17.6PPG and 9.0 RPG that earned him an All-Star berth this season. He also stretches opposing defense, which will give Jordan Clarkson and rookie point guard Collin Sexton easier paths to the rim.

Love will make $24MM in the upcoming season, then has a $25.6MM salary for 2019/20 that he is expected to opt out of, so the Cavaliers will likely decide to trade him at some point. The unidentified executive says he could be very popular around the deadline, especially in the Eastern Conference, where teams will see a wide open field with James now a Laker.

There’s more this morning out of Cleveland:

The Heat, Hornets, Trail Blazers and Raptors stand out as potential trade destinations for Love, according to Frank Urbina of Hoops Hype.
Cavaliers coach Tyronn Lue will meet with Lakers coach Luke Walton and associate head coach Brian Shaw to discuss the experience of coaching James, according to Tania Ganguli of The Los Angeles Times. “I’ll just tell them LeBron’s easy,” Lue said. “People get this whole thing built up like he’s hard to coach. It’s not. LeBron’s not the problem. It’s the outside tension that’s the problem. Just put added pressure immediately on the coaches, on his teammates. Now everything you do is under a microscope. … So it’s going to be a totally different change for the Lakers. They’ll be able to handle it.” Lue adds that he spoke to James a number of times while he was making his free agency decision, but never pressed him to stay in Cleveland.
Pluto examines James’ legacy with the Cavaliers in a separate story. Through all he has accomplished, the enduring memory for James may be bringing an NBA championship to Cleveland. “Only people who are from there understand what that title meant,” said former Cavs coach Mike Brown. “To LeBron, I bet it’s worth more than all his MVP awards [four] and his other titles [in Miami] combined.”
Ante Zizic, an overlooked part of the Kyrie Irving trade, has been putting up huge numbers in the Las Vegas Summer League, relays Joe Vardon of Cleveland.com. He posted 25 points and 11 rebounds in Saturday’s loss to the Bulls.

Hornets, Bulls, Magic Complete Three-Way Deal

July 8th, 2018 at 8:27am CST by Arthur Hill

JULY 8, 8:27am: The trade is now official, according to press releases from all three teams. In addition to receiving Biyombo, the Hornets will also acquire 2019 and 2020 second-round picks from the Magic. Orlando holds multiple second-rounders in each year, so it’s not yet clear which selections are changing hands.

“There were some elements of (the trade) that we were discussing individually the last few weeks, but the deal actually came together just [on Saturday],” said Magic president of basketball operations Jeff Weltman. “It was really kind of a quick-hitter.”

The Bulls intend to waive Stone, per Vincent Goodwill of NBC Sports Chicago (Twitter link).

JULY 7, 8:20pm: The trade has been agreed to in principle, according to Wojnarowski (Twitter link).

JULY 7, 7:51pm: Charlotte, Chicago and Orlando are close to a trade that would send Timofey Mozgov to the Magic, Bismack Biyombo to the Hornets and Julyan Stone to the Bulls, tweets ESPN’s Adrian Wojnarowski. Bulls guard Jerian Grant will also go to Orlando in the deal, Woj adds (Twitter link).

The Hornets will give up more than $17MM in the trade between Mozgov’s $16MM salary for next season and Stone’s non-guaranteed $1,656,092. This will be the second trade of the summer for Mozgov, who was shipped from the Nets to the Hornets in a deal that became official yesterday. He has two years left on his current contract, with a $16.72MM salary for 2019/20.

In Biyombo, Charlotte picks up a shot blocker to replace Dwight Howard, who went to Brooklyn in the Mozgov deal. Biyombo’s contract is nearly in line with Mozgov’s, paying him $17MM in 2018/19, with a player option for the same amount the following season. Orlando breaks up a logjam at center that had existed since drafting Mohamed Bamba, while Mozgov becomes the third-string center in Orlando and probably won’t see much more playing time than he did in Brooklyn.

Chicago plays a minor role in the trade, creating modest savings by sending out Grant’s $2,639,314 salary in exchange for Stone’s non-guaranteed figure. The Bulls could be looking to shed any salary they can before their expected matching of the Kings’ offer sheet for Zach LaVine.

Stone’s guarantee date is August 1, posts Bobby Marks on ESPN Now, and the Bulls can increase their cap room to $16MM by letting him go and getting rid of Noah Vonleh‘s cap hold. Taking on Biyombo’s contract pushes the Hornets up to $120.3MM in salary with 14 guaranteed deals, just $3.4MM under the luxury tax.

Photo courtesy of USA Today Sports Images.

Nets Notes: Howard, Lin, Cap Room, Davis

July 7th, 2018 at 8:57pm CST by Arthur Hill

Dwight Howard would have happily played for the Nets if the team hadn’t insisted on a buyout, according to Brian Lewis of The New York Post. Howard tried to force a trade to Brooklyn in 2012 before being shipped from the Magic to the Lakers, and he still likes the idea of living and playing in New York City, sources tell Lewis. However, Brooklyn’s front office had no interest in a long-term arrangement and was focused solely on creating cap space for next summer when it acquired Howard from the Hornets in exchange for Timofey Mozgov and two second-round picks.

“If you look at the way we’re trying to build a team and you look at going forward years out from now, this is something that helps us going forward for next year,” GM Sean Marks said. “Dwight’s a terrific player. He’s been a terrific player in this league for a long time. I think this is something that we mutually agreed on, to give him an opportunity elsewhere.”

There’s more tonight out of Brooklyn:

The Nets have a large group of point guards on their roster, but Marks says there’s no urgency to do anything to resolve it now, including a trade of Jeremy Lin, Lewis writes in the same story. Injuries limited Lin to one game last season and 37 in his two years with the organization. “There’s absolutely no need for us to rush and go out there to do any particular deals to solve the so-called glut,” Marks said. “You look at the team now, that’s what we’ve got and that’s what we’re planning on. We’re planning on going into the season with that team.”
Howard, who has already agreed to a two-year, $11MM deal in Washington once he clears waivers, gave back $5MM in his buyout with the Nets, tweets Tim Bontemps of The Washington Post. That leaves Brooklyn with about $11.6MM in remaining cap room, according to Lewis (Twitter link).
Marks was ecstatic to add former Trail Blazers big man Ed Davis in free agency at the bargain price of $4.4MM, relays Tom Dowd of NBA.com. Brooklyn suffered from a lack of size on its roster last season and didn’t have an effective backup to starting center Jarrett Allen. “We need an enforcer type,” Marks said. “We need toughness, and Ed brings a lot of that to our group. He’s been around winning organizations, so for him to come in and bring some of that expertise and experience will be great for our group and our younger guys.”

Latest On Kawhi Leonard

July 7th, 2018 at 6:15pm CST by Arthur Hill

Tony Parker‘s decision to sign with the Hornets won’t change Kawhi Leonard‘s desire to leave San Antonio, tweets Jordan Schultz of Yahoo Sports. Schultz notes that Leonard “remains irate” with Parker over what he considers a downplaying of his quad injury. However, the locker room dysfunction goes beyond the relationship between Leonard and Parker, Schultz adds.

A rival GM tells Schultz that the Spurs haven’t relented at all on their asking price for Leonard (Twitter link). The organization doesn’t care if Leonard is unhappy in San Antonio and is refusing to consider reduced offers to resolve the situation. Schultz speculates that the Leonard trade drama could last through most of the summer, just as Carmelo Anthony‘s did a year ago.

There’s more news on Leonard to pass along:

Parker tells Marc J. Spears of The Undefeated that his reported feud with Leonard was blown out of proportion. “I have no problem with Kawhi Leonard,” Parker said. “We never had an argument. When the journalist asked me if my injury was worse than Kawhi’s, I said yes because it was true. But that didn’t lessen the significance of his injury. He took over the franchise and I gave up the torch of the franchise willingly. It’s very sad that the media took one quote and made it sound like I didn’t want to play with him. He was the face of the franchise.”
If he gets traded to the Eastern Conference, the Sixers are the only team Leonard would consider re-signing with, ESPN’s Chris Haynes said in an appearance on The Jump. Los Angeles remains Leonard’s first choice, Haynes adds, but he would be open to a long-term deal in Philadelphia if he winds up there. He notes that Leonard would not be interested in a similar arrangement with the Celtics, who are another reported suitor.
ESPN’s Michael C. Wright is the latest observer to say that the Clippers have overtaken the Lakers as Leonard’s preferred destination. Speaking on his podcast, Wright says “someone who would know” tells him that Leonard doesn’t want to be “second fiddle” to LeBron James with the Lakers. Wright adds that the Spurs aren’t impressed with anything the Clippers have to offer in a potential trade.
Up to eight teams have done background work on a possible trade for Leonard, reports Steve Kyler of Basketball Insiders (Twitter link). The Lakers, Clippers, Sixers and Celtics have been most prominently mentioned in trade rumors, but Kyler states that others are weighing the risks of a potential “rental” deal.

Hornets Sign Devonte’ Graham

July 6th, 2018 at 1:50pm CST by Arthur Hill

The Hornets have signed second-round pick Devonte’ Graham, the team announced on its website. Terms of the agreement were not disclosed.

Charlotte acquired the rights to Graham, who was selected at No. 34, from the Hawks in a draft night trade, giving up a pair of second-rounders.

Graham was a first-team All-American at Kansas and was named Big 12 Player of the Year as a senior. He averaged 17.3 points, 7.2 assists, 4.0 rebounds and 1.6 steals per game and helped the Jayhawks reach the Final Four.

Hornets Trade Hamidou Diallo To Thunder

July 6th, 2018 at 1:25pm CST by Arthur Hill

JULY 6: The Diallo trade is now official, per a press release from the Thunder. As first reported by Rick Bonnell of The Charlotte Observer, the Hornets receive Oklahoma City’s 2019 second-round pick and cash in the deal.

JUNE 21: The Hornets will send 45th pick Hamidou Diallo to the Thunder, tweets ESPN’s Adrian Wojnarowski. The teams can’t finalize the deal until July 6 because it involves a pick that Charlotte will receive from the Nets in the Dwight Howard trade, which also can’t be completed until that date.

Diallo, 19, was a top recruit coming out of college in 2016, but made a late commitment to Kentucky and redshirted during his first season there. He declared for the draft last year, but elected to return to college, where he averaged 10.0 points in 37 games.

There’s no word yet on what the Hornets will get in return for Diallo.

Nets, Hornets Finalize Mozgov, Howard Trade

July 6th, 2018 at 1:05pm CST by Luke Adams

JULY 6: The long-awaited deal between the Nets and Hornets has finally been completed, the Hornets announced today in a press release. Howard will now work on finalizing his buyout with the Nets, and has already lined up a deal with the Wizards. Meanwhile, Hamidou Diallo – the 45th overall pick in the draft – will be flipped from Charlotte to Oklahoma City.

JUNE 20: The Nets and Hornets are finalizing a deal that would send Timofey Mozgov to Charlotte and Dwight Howard to Brooklyn, league sources tell ESPN’s Adrian Wojnarowski (Twitter link). The Hornets will also acquire a pair of second-round picks and cash considerations in the deal, tweets Shams Charania of Yahoo Sports.

In his full report on the trade, Wojnarowski provides more details on the picks involved in the deal, reporting that Charlotte will receive the No. 45 pick in this year’s draft, along with Brooklyn’s 2021 second-rounder.

The swap will allow the Nets to acquire a more productive center in the short term while also further clearing their cap sheet for the 2019 offseason. Howard’s contract is set to expire at that point, as are DeMarre Carroll‘s and Jeremy Lin‘s. By clearing Mozgov’s 2019/20 salary from their books, the Nets should have the flexibility to create two maximum-salary slots that summer.

As for the Hornets, they’ll save some money in the short term, since Mozgov’s $16MM salary for 2018/19 is more modest than Howard’s $23.82MM cap charge. While Charlotte is taking on the longer-term contract in the deal, the club will have far more breathing room below the projected luxury-tax line in ’18/19, and will pick up a few extra assets for its willingness to take on Mozgov.

The inclusion of Mozgov in the trade, one year after he was sent from the Lakers to the Nets, is interesting for a couple reasons. For one, the veteran had recently expressed dissatisfaction with his role – or lack thereof – in Brooklyn, suggesting that his relationship with head coach Kenny Atkinson had reached a “breaking point,” as Brian Lewis of The New York Post wrote this week. By moving him, the Nets should avoid a potential locker-room issue.

Additionally, it’s worth noting that the general manager who is taking on Mozgov now is the one who initially signed him to his current four-year contract back in 2016. This is Mitch Kupchak‘s first roster move since being named the Hornets’ president of basketball operations and GM in the spring. His 2017 ouster in Los Angeles was largely attributed to the Lakers’ signings of Mozgov and Luol Deng in the summer of ’16, so this is a somewhat ominous start to his time in Charlotte.

Howard, meanwhile, will finally land in Brooklyn, which was his preferred landing spot several years ago when the former first overall pick was still a member of the Magic. Howard never made it to the Nets at that point in his career, but he’ll do so now, joining his fourth team in the last four years.

Howard is coming off a solid season for the Hornets in which he averaged 16.6 PPG and 12.5 RPG with 1.6 BPG in 81 contests. As for Mozgov, he fell out of the rotation early in the season, appearing in just 31 games for Brooklyn and averaging 4.2 PPG and 3.2 RPG in 11.6 MPG.

If the two teams intend to finalize the trade before the new league year begins on July 1, at least one more player would have to be included, since Howard’s cap hit for 2017/18 ($23.5MM) is substantially larger than Mozgov’s ($15.28MM), and Brooklyn doesn’t have the cap space to accommodate the difference. However, the Nets could create the necessary cap room after July 1, so there’s a good chance it won’t be finalized until after the July moratorium ends, as ESPN’s Bobby Marks notes (via Twitter).

Assuming the Nets and Hornets wait until the new league year to make the trade official, Brooklyn will become a cap-room team for 2018/19, losing access to its mid-level, bi-annual, and trade exceptions. Meanwhile, Charlotte would create a trade exception worth $7,819,725.

Photo courtesy of USA Today Sports Images.