Hornets Rumors

Hornets Acquire, Waive Chris Andersen

1:18pm: The Hornets issued a press release confirming their acquisition of Andersen, and announcing that they’ve already waived the injured center.

11:18am: The second-round pick Cleveland gets in the deal is top-55 protected for 2017, a league source tells Dave McMenamin of ESPN.com (Twitter link). Based on the Hornets’ current record, there’s virtually zero chance of that pick changing hands, as expected.

11:04am: The Cavaliers have opened up a spot on their 15-man roster by making a trade with the Hornets, the team announced today in a press release. According to the Cavs, Cleveland is sending injured big man Chris Andersen and cash to Charlotte in exchange for a protected second-round pick.Chris Andersen vertical

Although the Cavs are receiving a second-round pick in the swap, that selection will likely be a heavily-protected pick that never actually changes hands. Andersen has no value this season, since he’s out for the year with a torn ACL, so Charlotte is doing the Cavs a favor by taking him off their hands. In return, the Hornets will likely get more than enough cash to cover Andersen’s remaining salary, so they’ll come out ahead in the transaction.

While Cleveland will probably never receive that protected second-round pick, the team had been motivated to move Andersen. By sending the Birdman’s contract elsewhere, the Cavs will ensure that they don’t have to pay an extra tax charge for him at season’s end. The club is currently so far into tax territory that every dollar spent results in an extra $2.50 tax charge — that means Andersen’s $980K minimum salary would have cost more than $2.4MM in tax payments. By trading him, the Cavs reduce their tax bill and create an opportunity to add someone new to fill that newly-opened 15th roster spot in the coming days or weeks.

Cleveland had previously sent out $2.75MM in cash in a few separate trades, and teams are limited to $3.5MM in outgoing cash for the 2016/17 league year. It wouldn’t be a surprise if the Cavs sent out the rest of their available trade money ($750K) in this deal, though the specifics aren’t yet known. The Cavs will also create a modest trade exception in the swap, worth Andersen’s cap hit ($980,431). It will expire a year from today.

Charlotte, meanwhile, had an open roster spot after Ray McCallum and Mike Tobey saw their 10-day contracts expire overnight. McCallum already re-signed with the team, but Tobey hasn’t formally inked a new deal yet. The Hornets will likely waive Andersen shortly in order to make room to re-sign Tobey.

Photo courtesy of USA Today Sports Images.

Hornets Re-Sign Ray McCallum

The Hornets have re-signed Ray McCallum to a second 10-day contract, the team announced today in a press release. McCallum briefly became a free agent today after his initial 10-day deal with Charlotte expired last night.

McCallum, who has played for the Kings, Spurs and Grizzlies over the course of his NBA career, spent most of this season with the D-League’s Grand Rapids Drive, averaging 18.2 points and 7.5 assists per game for Detroit’s NBADL affiliate. The 25-year-old was cut by the Pistons just before the start of the season — he appeared to have a roster spot won, but was let go when the organization decided to claim Beno Udrih off waivers.

The Hornets signed McCallum on February 3 after a trade with the Bucks created an extra opening on their 15-man roster. Since joining the team, McCallum has not appeared in a single game, though the Hornets apparently liked what they saw in practice enough to keep the veteran guard on the roster.

Charlotte signed rookie big man Mike Tobey to a 10-day contract on the same day the team inked McCallum earlier this month. Tobey’s deal also expired last night, though there’s no indication yet whether the Hornets will bring him back on a second contract, sign someone else, or keep a roster spot open.

Ramon Sessions Expected To Miss 4-6 Weeks

FEBRUARY 8: Although Sessions had hoped to avoid surgery, he went under the knife to repair his lateral meniscus tear, the Hornets announced today in a press release. According to the team, Sessions is expected to be sidelined for about four to six weeks.

FEBRUARY 3: Ramon Sessions has a meniscus tear in his left knee, Rick Bonnell of the Charlotte Observer reports. Sessions will miss Saturday’s game against Utah and will be reevaluated upon returning to Charlotte, according to Steve Kyler of Basketball Insiders.

To this point, Sessions hasn’t missed a game all season; most recently playing against the Warriors on Wednesday. Sessions’ ailment was initially reported as “knee soreness,” preventing the 30-year-old from practicing on Friday. A timetable has yet to be released for the injury, but torn meniscus injuries typically result in multi-week absences.

Now in his 10th NBA season, Sessions has averaged 6.2 points with 2.6 assists through 50 games with the Hornets.

Plumlee To Work Himself Back Into Game Shape

Though the size of his contract may skew fans’ perceptions of their newly acquired center, Miles Plumlee performed admirably in his Hornets debut Saturday, writes Rick Bonnell of the Charlotte Observer. So long as realistic expectations are applied, it’s hard to knock what the big man brings to the table.

Plumlee arrived in Charlotte earlier this week after a trade between the Hornets and Bucks and will step into the rotation immediately as a reliable low-post presence capable of defending the pick-and-roll. As well, Bonnell notes, he’ll provide a badly needed source of physicality for head coach Steve Clifford.

Sessions Hopes To Avoid Surgery

Hornets guard Ramon Sessions hopes he can avoid surgery on the knee injury he suffered this week, writes Rick Bonnell of The Charlotte Observer. Sessions was diagnosed with a torn lateral meniscus in his left knee after landing awkwardly while jumping Wednesday. He has been ruled out for tonight’s game in Utah and will be re-evaluated after the team returns home Sunday. “It’s not automatic surgery,” Sessions said. “From what the doctor in Utah saw, it wasn’t the worst tear. It was a little tear. Surgery or not, we don’t know. But it already feels better than it did the first night.” Sessions has been in the NBA for 10 years without surgery. The Hornets have a $6.27MM option on his contract for next season.

  • Charlotte traded for Miles Plumlee because GM Rich Cho believed the team needed more “physicality” and “athleticism,” he said in a conference call with reporters. The Hornets sent Spencer Hawes to the Bucks in the deal, along with Roy Hibbert, who just signed with the team in July. Cho blamed injuries for the difficulties Hibbert had in Charlotte. “I think that we had pretty high expectations when we signed Roy and, as you know, he had a really good first game,” the GM said, “but then he had some injuries and it’s kind of tough to get in a rhythm, into a groove when you’re up and down with the injuries. Unfortunately, it didn’t work for Roy here, but one thing that you have to do when you’re a team, when you feel like something’s not working, [you have to] try and move on quickly.”

Warriors Cut Anderson Varejao, Sign Briante Weber

FEBRUARY 4th, 12:50pm: The Warriors have signed Weber to a 10-day contract, Anthony Slater of the San Jose Mercury News tweets.

FEBRUARY 3rd, 2:14pm: The Warriors have issued a press release officially confirming that they’ve waived Varejao.

Weber’s signing is not yet official, but he’s on track to join the Warriors after also receiving offers from the Heat and Hornets, tweets Ira Winderman of The South Florida Sun Sentinel.

1:46pm: The Warriors’ frontcourt has been plagued by injuries lately, but the team doesn’t seem to be worried about its depth up front, having decided to part ways with one of its healthy big men. According to Adrian Wojnarowski of The Vertical, Golden State is waiving Anderson Varejao, opening up a roster spot to sign Briante Weber to a 10-day contract.

Varejao, 34, re-signed with the Warriors last summer on a one-year, minimum-salary deal, but has played sparingly. The veteran center has averaged 1.3 PPG and 1.9 RPG in just 14 games (6.6 MPG) in 2016/17. Even with Draymond Green, David West, and Zaza Pachulia out of the lineup on Thursday, Varejao saw only eight minutes of action.

In addition to Green, West, and Pachulia, the Warriors are also carrying JaVale McGee, Damian Jones, Kevon Looney, and James Michael McAdoo at the four or five. As such, the team could afford to part with Varejao, particularly since the injury bug has spread to the backcourt — Shaun Livingston has missed the Warriors’ last two games with a back strain, so Weber will provide depth at guard.

Despite receiving a substantial guarantee ($328K) from the Heat, Weber didn’t make Miami’s regular season roster this past fall, and landed with the team’s D-League affiliate instead. Weber has made a strong case for a call-up, averaging 16.5 PPG, 7.4 RPG, 7.2 APG, and 3.0 SPG in 29 games for the Sioux Falls Skyforce. He was recently named the NBADL’s Player of the Month for January.

The Heat didn’t currently have the roster flexibility to bring Weber back, but were believed to be eyeing him for a potential call-up, as we heard yesterday. Miami is out of luck for now, though it remains to be seen if Weber will stick with the Warriors — Golden State could sign him to up to two 10-day deals, then lock him up for the rest of the season. However, with the trade deadline and buyout season approaching, the Dubs may want to use their 15th roster spot on someone else in the coming weeks.

As for Varejao, he’ll become an unrestricted free agent if he clears waivers on Sunday. Denver is one team that may have interest in adding the vet, per Sam Amico of AmicoHoops.net (Twitter link). The Nuggets would move closer to the salary floor by claiming Varejao and could save some money in the process, in the same way they did by acquiring Mo Williams.

And-Ones: Salary Cap, Munford, Christmas, Barber

James Johnson and Taurean Prince have been fined $25K each after getting into a shoving match in Thursday’s match-up between the Hawks and Heat. According to the league’s official website, Prince was assessed the fine for “forcefully pulling down” Hassan Whiteside, and Johnson was penalized for escalating the situation by throwing an elbow at Prince. In a show of appreciation for his teammate’s loyalty, Whiteside told Manny Navarro of the Miami Herald he would pay Johnson’s $25K fine.

Other notes from around the league…

  • The NBA has reduced its salary cap estimate from $103MM to $102MM for the 2017/18 season, Eric Pincus of Basketball Insiders reports. Additionally, the luxury line is projected for $122MM; an increase from this season’s $113.287MM.
  • Xavier Munford agreed to terms with FC Barcelona, according to Fersu Yahyabeyoglou of Euro Basket. After starting 2016/17 with the D-League’s Greensboro Swarm, Munford will spend the rest of the season in Barcelona. Munford averaged 5.7 points through 14 games with the Grizzlies last year.
  • Italian professional basketball team Vuelle Pesaro is targeting Dionte Christmas, according to Emiliano Carchia of Sportando. A former Temple Owls standout, Christmas made NBA appearances with the Pelicans and Suns in 2013/14.
  • Sacramento’s D-League affiliate, The Reno Bighorns, claimed Jaleel Cousins out of the available player pool, according to the team’s official website. Jaleel is the brother of Kings center DeMarcus Cousins. This will be Cousins’ second D-League team in 2016/17, having played in 15 games for the Texas Legends earlier this season.
  • The Delaware 87ers acquired Aaron Harrison from the Greensboro Swarm for Anthony “Cat” Barber and the rights to Sam Thompson, according to Keith Porter of Philly.com. While Barber has yet to make his NBA debut, Harrison has appeared in five games with the Hornets this season.

 

Hornets Sign Ray McCallum To 10-Day Deal

2:07pm: The Hornets have officially signed McCallum, the team announced today in a press release.

9:57am: The Hornets will sign point guard Ray McCallum to a 10-day contract, tweets Shams Charania of The Vertical.

McCallum, who has played for the Kings, Spurs and Grizzlies in his three-year NBA career, has spent this season with Grand Rapids in the D-League, where he is averaging 18.2 points and 7.5 assists per game.

The 25-year-old was waived by the Pistons just before the start of the season. He appeared to have a roster spot won, but was let go when the organization decided to claim Beno Udrih off waviers.

The Hornets had an opening after Thursday’s trade that sent Roy Hibbert and Spencer Hawes to the Bucks in exchange for Miles Plumlee. Charlotte also signed center Mike Tobey to a 10-day contract on Thursday.

Hornets Sign Mike Tobey To 10-Day Deal

FEBRUARY 3rd, 10:34am: The signing is official, according to a tweet from the team.

FEBRUARY 2nd, 2:06pm: The Hornets are set to open up a roster spot after agreeing to a two-for-one trade with the Bucks, and Charlotte plans to use that roster opening to bring back a player they waived in the preseason. According to Shams Charania of The Vertical (via Twitter), the Hornets will sign D-League center Mike Tobey to a 10-day contract.

[RELATED: Hornets to acquire Miles Plumlee from Bucks]

Tobey, a 7’1″ center out of Virginia, averaged 7.3 PPG and 4.4 RPG in 15.7 minutes per contest during his senior year in 2015/16. The 22-year-old joined the Hornets for Summer League action in Orlando last year, then inked a training camp deal with Charlotte that featured a $75K guarantee. However, he didn’t earn a spot on the team’s regular season roster, and landed with the Hornets’ D-League affiliate instead. In 28 games this season with the Greensboro Swarm, Tobey has averaged 11.0 PPG, 8.8 RPG, and 1.3 BPG in 25.9 minutes per contest.

When he officially joins the Hornets, Tobey will provide some depth up front for a club that just agreed to send two big men – Roy Hibbert and Spencer Hawes – to Milwaukee. Tobey will join Miles Plumlee, who will be acquired in that deal with the Bucks, as the newest members of the Hornets.

Tobey’s 10-day deal with Charlotte will count for $31,969 toward the team’s salary cap.

Plumlee's Contract Makes Trade With Bucks Risky

The Hornets took a major risk by acquiring center Miles Plumlee from the Bucks, Rick Bonnell of the Charlotte Observer opines. Charlotte needed to do something to improve its playoff chances but taking on Plumlee’s contract was a questionable move, Bonnell continues. Plumlee signed  four-year, $50MM contract with Milwaukee last summer and that’s a steep price for a backup center to Cody Zeller, Bonnell adds. The Hornets traded two other big men, Roy Hibbert and Spencer Hawes, in the deal. Hornets coach Steve Clifford and his staff have done well with reclamation projects such as Nicolas Batum and Jeremy Lin, Bonnell points out, providing some reason for optimism that the trade will pan out.