- The Raptors haven’t had much luck in their efforts to trade Jonas Valanciunas, as Sean Deveney of The Sporting News details. According to Deveney, discussions with the Kings, Suns, Hornets, Trail Blazers, Hawks, and others “did not get very far.” Now that they’ve dumped some salary by moving DeMarre Carroll and Cory Joseph, it’s not clear if the Raptors are still attempting to move Valanciunas.
The Hornets have taken significant steps forward this offseason but one of the big questions heading into the 2017/18 campaign will be whether wings Michael Kidd-Gilchrist and Nicolas Batum will be able to thrive together.
In a recent mailbag, Rick Bonnell of the Charlotte Observer tackled the question arguing that the lanky pair help the squad more than hinder them. Bonnell refers to the Hornets’ defensive woes as the major culprit for Charlotte’s disappointing 2016/17 campaign, saying that taking Kidd-Gilchrist out of the picture would only make matters worse.
Bonnell does add, however, that the Hornets would be wise to feature rookie Malik Monk as soon as he’s able to prove that he’s reasonably competent on the defensive end. If he slots in at the two, Batum could then slide up to the three.
The Knicks believe they can trade for a veteran point guard and have contacted the Suns about Eric Bledsoe, according to Marc Berman of The New York Post.
Jeff Hornacek is well acquainted with Bledsoe after coaching him in Phoenix, Berman notes, but outside of Courtney Lee and possibly a first-round pick, the Knicks don’t have many assets to offer. Bledsoe, 27, still has two years and $29.5MM left on his current contract. He averaged 21.1 points and 6.3 assists last season, but was shut down in mid-March after playing in 66 games.
Bledsoe has reportedly been on the trade market, with the Suns talking to the Nuggets and Bulls about possible deals prior to the draft.
The Knicks are among a “multitude” of teams that have reached out to Ramon Sessions, Berman adds. The 31-year-old spent last season with the Hornets, who declined their option on him last month. New York only has $1.5MM in cap space remaining, but can go up to $2.3MM under the veterans minimum exception, which applies to players with at least 10 seasons of experience.
Another possibility Berman lists is Donald Sloan, who spent last season in China after playing for the Nets in 2015/16. In 61 games with Brooklyn that year, Sloan averaged 7.0 points and 4.4 assists per night.
The Hornets could be the next team for journeyman center Jordan Hill, writes Sean Deveney of The Sporting News.
Hill, who has played for five franchises in his eight-year career, was waived by the Timberwolves in late June before his 2017/18 contract became guaranteed. A free agent addition last summer, Hill played in just seven games for Minnesota.
Charlotte is a little more than $2MM below the luxury-tax line with 14 players under contract. A source told The Sporting News the team would like to add one more low-cost, veteran big man to its roster. Deveney lists Ersan Ilyasova, Terrence Jones and Willie Reed as other possibilities.
Hill played for Hornets coach Steve Clifford in 2012/13 when Clifford was an assistant with the Lakers. The eighth pick of the 2009 draft by the Knicks, Hill has also spent time with the Rockets and Pacers. If he does sign with Charlotte, Hill will serve as a backup to Dwight Howard, who was acquired from the Hawks in a trade last month.
- The Hornets signed Michael Carter-Williams using a portion of their taxpayer mid-level exception. Since he’s receiving an even $2.7MM, the team doesn’t have a hard cap at this point (Twitter link).
Before Rudy Gay signed with the Spurs, the Nets expressed interest in the veteran forward, having viewed him as a contingency plan in the event that the Wizards match their offer sheet for Otto Porter, reports Michael Scotto of Basketball Insiders (Twitter link).
With Gay off the board and Porter likely to be retained by Washington, the Nets will be a “strong contender” for Kentavious Caldwell-Pope, tweets Adrian Wojnarowski of ESPN.com. That’s no surprise, now that the 24-year-old is unrestricted, but for Caldwell-Pope to be an option for Brooklyn, his camp may have to be patient, since the Nets’ cap room may be tied up for a few days until the Wizards make their decision on Porter official.
Here’s more from around the East:
- Before the Knicks swooped in with a $71MM offer sheet, the Hawks were willing to offer Tim Hardaway Jr. a four-year deal in the $48MM range, league sources tell ESPN’s Zach Lowe. We’ll see if Atlanta is willing to go significantly higher than that to match New York’s offer, or if Hardaway will return to the Knicks.
- The Hornets are in the market for another big man, GM Rich Cho said today (Twitter link via Rick Bonnell of The Charlotte Observer). Charlotte is also evaluating whether to sign a third point guard or keep Briante Weber in that role. Weber has a non-guaranteed contract.
- Raptors president Masai Ujiri said today that he’s comfortable entering the 2017/18 season as a tax team, but there’s still plenty of time to make moves. He’s waiting for the trade market to open up a little, tweets Josh Lewenberg of TSN 1050.
- The plan for the Celtics has always been to have draft-and-stash prospect Guerschon Yabusele on their roster this fall, a league source tells Adam Himmelsbach of The Boston Globe (Twitter link). As ESPN’s Bobby Marks notes (via Twitter), Boston will likely need to waive or trade Jordan Mickey and Demetrius Jackson to retain Yabusele’s cap hold.
The Wizards will use their mid-level exception instead of their bi-annual exception to sign Jodie Meeks, tweets Tim Bontemps of The Washington Post. The change was made to avoid being hard-capped by the expected re-signing of Otto Porter. Meeks will still receive $7MM over two seasons; the money will just come from a different source (Twitter link). The Wizards still haven’t received the Nets’ offer sheet for Porter, adds J. Michael of CSNMidAtlantic (Twitter link).
There’s more from the Southeast Division:
- The Clippers, Warriors, Hawks, Sixers and Pacers all remain in the market for Heat back-up center Willie Reed, tweets David Aldridge of TNT. Miami also hopes to re-sign him.
- The Magic’s new management team is taking a cautious attitude toward rebuilding, relays Josh Robbins of The Orlando Sentinel. Orlando has been quiet during the first week of free agency, despite coming off a 29-53 season and having up to $15.1MM available to spend. “There’s a lot less money in the free-agent market this year than there was last year,” said Jeff Weltman, the team’s new president of basketball operations. “And so, the approach that we’ve taken is to kind of wait and see how some of that shakes out towards the next phase of free agency and see which players we may be able to get into discussions with at that point. But we’ve been touching base with a lot of guys and just kind of gauging the market.”
- The Hornets have promoted Buzz Peterson to assistant GM, the team announced on its website. A former standout at North Carolina and a head coach at five colleges, Peterson had been serving as the Hornets’ senior advisor to basketball operations. “He brings a wide breadth of basketball knowledge to the position, having been involved in the game at various levels for close to three decades,” said Charlotte GM Rich Cho. “I’m excited to be working more closely with Buzz in his new role and look forward to his continued contributions to our basketball team.”
Dwayne Bacon, the 40th pick in this year’s draft, has officially signed with the Hornets, the team announced on its website.
Bacon received a three-year deal, with the first two seasons fully guaranteed, tweets Adrian Wojnarowski of ESPN.com, who adds that Bacon is making a positive impression in summer league play and posted a 29-point performance this afternoon.
The Hornets acquired Bacon’s rights, along with cash, in a draft-night trade with the Pelicans.
Bacon was an All-ACC Second Team choice this season after averaging 17.2 points and 4.2 rebounds at Florida State. He was a finalist for the Julius Erving award, which goes to the nation’s best small forward.
The Hornets have signed 11th-overall pick Malik Monk, Rick Bonnell of the Charlotte Observer tweets. The 19-year-old will make $2.9MM in 2017/18.
After averaging 19.8 points per game in his one and only season with Kentucky, Monk will set out to provide Kemba Walker with much needed backcourt support, although he may need to scale his way up the depth chart before he does.
For details of Monk’s rookie deal, worth $15.7MM in all, check out our chart breaking down the pay scale for all first-round picks.
JULY 7, 10:11am: The Hornets have officially signed Carter-Williams, according to the team.
JULY 1, 5:34pm: Carter-Williams’ one-year deal will be worth $2.7MM, per Chris Haynes of ESPN.com (Twitter link).
We’ll see how Charlotte’s cap situation plays out, but that salary would fit into any exception above the minimum. If the Hornets use the bi-annual exception, it would create a hard cap at just over $125MM for the season.
5:19pm: Free agent point guard Michael Carter-Williams has agreed to sign with the Hornets, Jeff Goodman reports on ESPN Now. The deal, which will be for one year, according to Rick Bonnell of The Charlotte Observer (via Twitter), can become official after the July moratorium ends on Thursday.
[RELATED: 2017 NBA Free Agent Tracker]
Carter-Williams had been eligible for restricted free agency, but didn’t receive a qualifying offer from the Bulls in June, making him an unrestricted free agent. As such, the Hornets can sign him outright, though the team won’t have any cap room — MCW will have to sign using an exception. Depending on the terms of the deal, it could be the mid-level ($8.4MM), bi-annual ($3.3MM), or minimum salary exception.
A former lottery pick and NBA Rookie of the Year back in 2013/14, Carter-Williams has played for three teams in his first four NBA seasons, and has seen his usage and his production fall off since his days with the Sixers. After being acquired by Chicago in a preseason trade with the Bucks last fall, Carter-Williams appeared in 45 games for the Bulls in 2016/17, averaging just 6.6 PPG, 3.4 RPG, and 2.5 APG on 36.6% shooting (18.8 minutes per game).
Carter-Williams reportedly received interest from the Thunder, Mavericks, Pelicans, Knicks, and the Rockets, in addition to the Hornets. With Ramon Sessions and Brian Roberts both on the unrestricted free agent market, Carter-Williams appears to have the inside track to be Kemba Walker‘s backup at the point in Charlotte.
Photo courtesy of USA Today Sports Images.