Hornets Rumors

Latest On Mo Williams

The Grizzlies remain in the mix for free agent point guard Mo Williams, tweets Jared Zwerling of Bleacher Report, who adds that a source suggested the Spurs as an emergent suitor. Zwerling reported last week that a deal between Memphis and Williams was close, but a source who spoke with Ronald Tillery of The Commercial Appeal around the same time disputed that notion.

Memphis allowed its contract guarantee date with backup point guard Beno Udrih to pass on Sunday, meaning his partial guarantee of $923K is now a full guarantee of more than $2.17MM. That means the team has two point guards locked in, with Mike Conley holding down the starting job. The Grizzlies also have point guard Russ Smith on a non-guaranteed deal that picks up a $150K partial guarantee if he remains on the roster through July 15th.

The Hornets are willing to sign-and-trade Williams, as Adrian Wojnarowski of Yahoo! Sports reported this weekend. That would help the Spurs, who are unlikely to have more than the $2.814MM room exception to spend on Williams in a straight-up signing, as well as the Grizzlies, who’ll likely be spending their $5.464MM mid-level to accommodate their deal with Brandan Wright. Williams and the Cavs, who have their $3.376MM taxpayer’s mid-level to spend, reportedly have mutual interest.

And-Ones: Seraphin, Stuckey, Antic

The Wizards expect Kevin Seraphin will test the free agent market, and they’ll attempt to find a sign-and-trade partner for the big man, reports J. Michael of CSNWashington.com (Twitter link). Such a sign-and-trade would be structured so that Washington could gain a trade exception, Michael adds (on Twitter).

Here’s more from around the league:

  • The Hawks have rescinded their qualifying offer to Pero Antic, making him an unrestricted free agent, Eric Pincus of Basketball Insiders tweets. The move was made to maximize the team’s available cap space, Pincus adds. Antic has already signed a two-year deal with Fenerbahce, a Turkish club.
  • Free agent point guard Rodney Stuckey is receiving interest from the Cavaliers, and while talks thus far have been exploratory, the interest is mutual, Chris Haynes of The Northeast Ohio Media Group tweets.
  • The Hornets have expressed a willingness to work out a sign-and-trade involving Mo Williams, Adrian Wojnarowski of Yahoo! Sports relays (on Twitter).
  • The Lakers have expressed interest in Jason Smith, league sources tell Mark Medina of the Los Angeles Daily News.
  • The Grizzlies would be amenable to working out a sign-and-trade deal for center Kosta Koufos, Wojnarowski tweets. The Yahoo! scribe mentions the Clippers as a team who should consider trying to work out a deal with Memphis.
  • With the Magic missing out on free agent target Paul Millsap, who re-signed with the Hawks, the team may pass on adding another power forward this summer, Josh Robbins of The Orlando Sentinel writes. “We’ll continue to look at the free agents that are available,” Orlando GM Rob Hennigan said. “We’ll continue to look at trade opportunities. We still have quite a bit of cap space. Our tune has not changed. We’ll continue to look for opportunities. And if we feel like the opportunities make really good sense, then we’ll be as aggressive as anyone to try to complete a deal.”
  • When asked specifically about adding a power forward, Hennigan said, “I’m not sure. I think we have enough on the roster as is. It just goes back to those opportunities again. Like I said a few weeks ago, we have to be careful of spending just to spend,” Robbins relays.

Chuck Myron contributed to this post.

Hornets Sign Frank Kaminsky

Courtesy of USA Today Sports Images

Courtesy of USA Today Sports Images

The Hornets have signed Frank Kaminsky to a rookie scale contract, the team announced (on Twitter). Charlotte selected Kaminsky with the No. 9 overall pick in this year’s NBA Draft.

The details of the contact were not released, but unless Charlotte is paying Kaminsky less than the standard 120% of scale he can expect to earn $2,612,520 his rookie season, $3,135,024 in 2016/17, $2,847,600 during the 2017/18 campaign, and finally, $3,627,842 in the final year.

The sweet-shooting seven-footer out of Wisconsin appeared in a total of 144 collegiate games, averaging 18.8 points, 8.2 rebounds, and 2.6 assists during his senior campaign. Kaminsky’s career numbers are 10.1 PPG, 4.6 RPG, 1.3 APG, and 1.1 BPG, with a slash line of .522/.369/.763.

Grizzlies Close To Deal With Mo Williams

The Grizzlies are close to a deal with Mo Williams, reports Jared Zwerling of Bleacher Report (Twitter link). The would-be deal would run three or four years, Zwerling adds. The Cavs and Hornets have seemingly been in pursuit, and Williams reportedly had mutual interest in Cleveland, where LeBron James has been high on the return of his former Cavalier teammate, as Chris Haynes of the Northeast Ohio Media Group reported.

Interest from Memphis would seemingly be a forboding sign for Beno Udrih, whose salary is only guaranteed for for $923K until Sunday, when the guarantee would jump to more than $2.17MM, especially since the team already has Russ Smith around on a cheaper guaranteed contract and tendered a qualifying offer to Nick Calathes. In any case, the Grizzlies will likely be able to spend the $5.464MM taxpayer’s mid-level exception, which would almost certainly give them to power to outbid the Cavs for Williams.

Qualifying Offers: Tuesday

Here are the latest qualifying offer decisions to come in..

Earlier Updates:

  • The Sixers declined to offer guard Glenn Robinson III a qualifying offer, allowing him to become an unrestricted free agent, league sources told Adrian Wojnarowski of Yahoo Sports.  However, Philly has shown an inclination to revisit a longer-term deal for Robinson this summer, according to those same sources.  In 35 games as a rookie, Robinson averaged 2.1 PPG.
  • The Hornets will not make a qualifying offer to guard Jeffery Taylor, according to a source that spoke with Marc J. Spears of Yahoo (on Twitter).  Taylor will now become an unrestricted free agent.
  • Pero Antic, who was rumored to be going overseas, was given a qualifying offer by the Hawks, according to Eric Pincus of Basketball Insiders (on Twitter).  If the Hawks need to maximize their cap space, Pincus adds (link), they can revoke the qualifying offer to Antic and renounce him.
  • As expected, the Magic have extended qualifying offers to both Tobias Harris and Kyle O’Quinn, according to John Denton of OrlandoMagic.com (on Twitter).
  • The Rockets made Patrick Beverley and K.J. McDaniels restricted free agents by extending QOs to them, Pincus tweets.

Mutual Interest Between Cavs, Mo Williams

JUNE 30TH, 2:50pm: Williams anticipates that he’ll meet with the Cavs, and Cleveland is “very interested” in signing him, a source tells Haynes (on Twitter).

JUNE 19TH, 2:56pm: Soon-to-be free agent Mo Williams has strong interest in playing with the Cavs again, and he’d also like to re-sign with the Hornets, reports Chris Haynes of the Northeast Ohio Media Group. The point guard and Cleveland are expected to talk if Williams, who’s seeking a multiyear deal, is willing to take the limited amount the Cavs have to spend, and LeBron James would welcome the return of his former teammate “with open arms,” Haynes also hears.

The Cavs are almost certain to have no more than the $3.376MM taxpayer’s mid-level to spend this summer. The full amount of that would represent a slight pay cut for the 12-year veteran who made more than $3.965MM on the one-year deal he signed this past summer with the Timberwolves. The contract originally called for him to make $3.5MM, but a trade kicker lifted that amount when Minnesota sent him to the Hornets in a February swap.

Cleveland is seeking a facilitating guard who can either back up or play alongside Kyrie Irving, as Brian Windhorst of ESPN.com reported this morning. Williams, 32, would presumably fit that mold, having played alongside Chris Paul with the Clippers a few years ago in spite of spending most of his career as a point guard and having averaged 5.0 assists per game for his career.  He was the starting point guard for the Cavs for two and a half seasons beginning in 2008, sharing the floor with James during the first two years. The Mark Bartelstein client averaged 14.2 points, 6.2 assists and 29.1 minutes per game this past season, split between Minnesota and Charlotte.

The Hornets have non-Bird rights with Williams, so they could give him a 20% raise without dipping into another exception. Charlotte is also likely to have the $5.434MM non-taxpayer’s mid-level at its disposal.

Hornets, Warriors Interested In Marco Belinelli

10:59pm: Charlotte’s first call of free agency will be to Belinelli, according to Rick Bonnell of the Charlotte Observer (on Twitter).

3:47pm: The Hornets are expected to aggressively pursue soon-to-be free agent Marco Belinelli, reports Adrian Wojnarowski of Yahoo! Sports, and a source tells Yahoo! colleague Marc J. Spears that the Warriors are interested in signing him, too (Twitter links). The Excel Sports Management client has said that money will likely play a key role in his decision this summer, and that may well make it tough for Golden State, which will almost certainly be limited to the $3.376MM taxpayer’s mid-level exception for outside free agents. Charlotte is poised to have the $5.434MM non-taxpayer’s mid-level, Wojnarowski notes.

The Bulls are another possible suitor for Belinelli should they miss on re-signing Mike Dunleavy, as K.C. Johnson of the Chicago Tribune wrote Monday. Still, they’re likely without means beyond the taxpayer’s mid-level, either. The Spurs can pay up to about $6MM next season to bring him back if they retain his Early Bird rights, though it seems a strong possibility they will renounce those rights to clear cap room for LaMarcus Aldridge or another star free agent.

Charlotte has a need for shooting, and the 29-year-old Belinelli, a career 39.2% three-point shooter, has proven he can fill it. Golden State already has nearly $82.6MM on the books for next season, about $1MM more than the projected tax line, and that’s without a new deal for Draymond Green. Even if the Warriors succeed in finding a taker for David Lee, they’ll have trouble avoiding tax penalties.

Biyombo To Become Unrestricted Free Agent

The Hornets won’t make a qualifying offer to Bismack Biyombo, so the former seventh overall pick will become an unrestricted free agent Wednesday, reports Marc J. Spears of Yahoo! Sports (Twitter link). The value of the offer declined from $5,194,227 to $4,045,894 when he failed to meet the starter criteria this season, but even that apparently wasn’t enough of an enticement for Charlotte to retain its right to match competing bids for him.

Biyombo’s qualifying offer was a borderline case, and with Noah Vonleh off to Portland in the Nicolas Batum trade, there seemed a greater chance the Hornets would do what they could to keep him around. Charlotte and Biyombo can still sign a new deal, and the Hornets retain his Bird rights, so they can exceed the cap to re-sign him if they wish.

Hornets Rumors: Batum, Lamb, Clifford

New Hornet Nicolas Batum can expect an expanded role in Charlotte, according to Rick Bonnell of The Charlotte Observer. Batum, who was acquired from the Blazers Wednesday in exchange for Gerald Henderson and Noah Vonleh, was a third or fourth option in Portland. Charlotte coach Steve Clifford plans to start Batum at shooting guard and run the offense through him, similar to how Hedo Turkoglu once operated when Clifford was an assistant coach in Orlando. “I know my role is going to be different and I like that,” Batum said. “I know I can do a lot of things on the court; I’m a very versatile player. So me and Kemba [Walker] can do great things together.” Batum has one year left on his contract at nearly $11.9MM and will become an unrestricted free agent next summer.

There’s more news from Charlotte:

  • Jeremy Lamb is ready for a “fresh start” with the Hornets, writes Pat James of The Charlotte Observer. The Hornets acquired Lamb from Oklahoma City in a draft-day trade as part of an effort to improve their league-worst three-point shooting. The three-year veteran, who is now with his third team, says Charlotte is a good place for him to showcase his skills. “It gives me an opportunity to try to get a role and just play,” Lamb said. “I’m going to make the most of it. I’m just going to work hard and try my best to put myself in a position to play and have a role on this team.” Still on his rookie deal, Lamb is under the Hornets’ control through the 2016/17 season.
  • Clifford thinks the Hornets are much improved after a week that brought three trades and a lottery pick, according to Steve Reed of the Associated Press. In addition to the deals that added Batum and Lamb, Charlotte acquired Spencer Hawes from the Clippers and drafted Frank Kaminsky at No. 9. Clifford said the moves brought “more size, skill and versatility” to the Hornets.
  • The Hornets’ priorities in free agency will be finding a third point guard and possibly another shooter, Bonnell tweets. He adds that it’s not certain Bismack Biyombo will receive a qualifying offer. This week’s trades added $5MM to the Hornets payroll. (Twitter link).

Atlantic Notes: Knicks, Sullinger, Tokoto

Members of the Knicks’ front office were involved in trade discussions with the Magic, Suns, and Celtics in the hours leading up to Thursday night’s NBA Draft, Ian Begley of ESPNNewYork.com writes. Boston discussed a package that included multiple draft picks and Jared Sullinger with New York, and Phoenix also spoke with members of the Knicks about a trade involving Eric Bledsoe in the hours leading up to the draft, Begley adds. Team president Phil Jackson said the Knicks had talked to teams about potential offers but all the offers were contingent on which players were selected ahead of them, the ESPN scribe notes. “Those things fell the way they did. We had what we wanted and we went with it,” Jackson said.

Here’s more out of the Atlantic Division:

  • Knicks coach Derek Fisher indicated that finding frontcourt help will be a priority once the free agent signing period begins, Begley also relays. “I don’t think it’s any secret we need to get some size up front, and I think that’ll be a big focus for us,” Fisher said. Potential targets include DeAndre Jordan, David West, Omer Asik, Greg Monroe, and Marc Gasol, Begley adds.
  • In addition to a pair of second round draft picks, the Nets also sent $880K to the Hornets as part of the deal to acquire the rights to Argentinian small forward Juan Vaulet, Robert Windrem of NetsDaily tweets. Brooklyn doesn’t intend for Vaulet to play in the NBA next season, Mike Mazzeo of ESPN.com relays (on Twitter).
  • According to multiple sources, the Sixers nabbed North Carolina swingman J.P. Tokoto with the No. 58 overall pick with the understanding that he would either play in the D-League or overseas next season, Jake Fischer of LibertyBallers reports (Twitter links). Tokoto will have the chance to compete for a roster spot, but told Philly he would be open to being stashed during the 2015/16 campaign, Fischer adds.
  • The Greivis Vasquez trade allowed the Raptors to generate a $6.4MM trade exception, since they gave him up without taking back any salary in return, notes Pincus (on Twitter), though with Toronto possessing only about $42.4MM in guaranteed salary for next season, it seems there’s a fair chance they’ll dip under the cap after the July Moratorium and renounce the exception.
  • The Nets could have created a $1,357,080 trade exception for Mason Plumlee if they decided to use their $2,339,131 Kevin Garnett trade exception to absorb Steve Blake, as Pincus presumes they’ve done (Twitter link). That would knock the Garnett exception down to $982,051. Alternatively, they could have taken Blake into the $3,326,235 Andrei Kirilenko exception and reduced its value to $1,969,155, a move the Nets might have preferred because the Kirilenko exception expires more than two months sooner than the Garnett exception does. The trade meanwhile allowed the Blazers to create an exception worth the $719,920 difference between the salaries of Blake and Plumlee, though that exception would vanish if they go under the cap, as they may well do if LaMarcus Aldridge ends up elsewhere.
  • The tiny $355,016 leftover portion of the trade exception that the Knicks generated in last year’s Tyson Chandler trade has expired. New York used the bulk of what was once a $3,637,073 exception to acquire Alexey Shved at the trade deadline. The  Tim Hardaway Jr. trade afforded the Knicks the chance to create a new $1,250,640 exception for his salary, as we noted, though that will disappear if the Knicks dip below the cap next month, as expected.

Chuck Myron contributed to this post.