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Hornets Considering Offer Sheet For Lauri Markkanen

August 5th, 2021 at 3:11pm CST by Luke Adams

The Hornets, one of the NBA’s only teams that still has cap space available, have “strong” interest in a potential offer sheet for Bulls restricted free agent forward Lauri Markkanen, reports Shams Charania of The Athletic (Twitter link).

By my unofficial count, Charlotte currently has about $14MM in projected cap room and could increase that number slightly by waiving one or more of the non-guaranteed contracts on the team’s books (Cody Martin, Caleb Martin, and Jalen McDaniels). That would likely be enough space to make a competitive bid for Markkanen and put pressure on the Bulls, who have the ability to match any offer sheet he signs.

Chicago will be hard-capped as a result of the club’s sign-and-trade deals for Lonzo Ball and DeMar DeRozan. Accommodating a significant salary for Markkanen would potentially push the club into the tax and close to that hard cap. ESPN’s Bobby Marks (Twitter link) said following the DeRozan agreement on Tuesday that the Bulls’ team salary was about $19.5MM below the tax line and $26MM below the hard cap, with six open roster spots.

The seventh overall pick in the 2017 draft, Markkanen showed a ton of promise during his first two NBA seasons, posting a career-high 18.7 PPG and 9.0 RPG on .430/.361/.872 shooting in 52 games (32.3 MPG) in 2018/19. However, his development trajectory has leveled off since then, as he has battled a series of injuries and given the Bulls up-and-down production.

Still, the Finnish forward is only 24 years old and is a legitimate floor-spacing big man, having knocked down 40.2% of his three-point attempts this past season. Charlotte has plenty of talent in its backcourt (LaMelo Ball, Terry Rozier, James Bouknight) and on the wing (Gordon Hayward, Miles Bridges, P.J. Washington) and may view Markkanen as a nice fit up front.

If the Hornets is worried about a potential offer sheet being matched and the Bulls don’t want to risk losing Markkanen for nothing, the two sides could engage in sign-and-trade talks to ensure the seven-footer ends up in Charlotte and Chicago gets a minor asset or two in return for agreeing to let him walk. However, if Markkanen officially signs an offer sheet with the Hornets, a sign-and-trade would no longer be possible.

A restricted free agent can sign an offer sheet during the moratorium period, but the two-day matching clock doesn’t begin until the moratorium ends, so there’s no rush for Charlotte to get Markkanen to sign on the dotted line today.

For what it’s worth, a report earlier this week stated that the Spurs had interest in Markkanen in the DeRozan sign-and-trade, but weren’t comfortable meeting his asking price.

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Sixers Re-Sign Danny Green

August 4th, 2021 at 11:25pm CST by Luke Adams

AUGUST 7: The Sixers have officially re-signed Green, the team announced today in a press release.

“Bringing Danny back was a top priority for our organization this offseason,” president of basketball operations Daryl Morey said in a statement. “He has proven to be an important leader on and off the floor, and he knows what it takes to win an NBA title as a three-time champion. We are very happy that he’ll continue to remain a crucial part of the 76ers.”

AUGUST 4: The Sixers have agreed to terms with veteran swingman Danny Green on a two-year deal that will bring him back to Philadelphia, according to his Inside The Green Room podcast co-host Harrison Sanford (Twitter link). A league source confirms the news to veteran NBA reporter Marc Stein (Twitter link).

Because the 76ers have Early Bird rights on Green, they won’t need to use their mid-level exception to complete the signing.

Agent Raymond Brothers tells ESPN’s Adrian Wojnarowski (Twitter link) that the 34-year-old’s new deal won’t include any options. However, a follow-up tweet from Sanford suggests the second year will be non-guaranteed, with a July 1, 2022 guarantee date.

According to Sanford (Twitter link), Green had discussions with the Nets, Celtics, Bucks, Bulls, and Warriors, among other teams, during free agency this week. He turned down a two-year offer from the Cavaliers, Sanford adds.

A 12-year NBA veteran who has won titles with three different teams, Green started all 69 games he played for Philadelphia in 2020/21, averaging 9.5 PPG, 3.8 RPG, and 1.3 SPG with a .412/.405/.775 shooting line in 28.0 MPG.

Green has long been a reliable three-and-D wing, having knocked down 40.1% of his career attempts from beyond the arc.

The Sixers waived George Hill this week and lost Dwight Howard to the Lakers, but have now lined up deals to bring back both Green and Furkan Korkmaz. The club also signed Andre Drummond to a minimum-salary contract on Wednesday and has agreed to a deal with forward Georges Niang.

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Eastern Rumors: Dinwiddie, Wizards, Avdija, Oladipo, Knicks, Bitadze

August 4th, 2021 at 2:51pm CST by Luke Adams

The Wizards continue to work through their complicated sign-and-trade acquisition of Spencer Dinwiddie, according to multiple reports.

Quinton Mayo (Twitter link) has heard the Bulls and Thunder mentioned as teams that could end up getting involved in a multi-team trade involving Dinwiddie. Mayo also reports that the Nets asked the Wizards for Deni Avdija during those negotiations, which Kristian Winfield of The New York Daily News (twitter link) corroborates.

If and when the Wizards, Nets, and other potential trade partners figure out a deal, Dinwiddie is expected to get a three-year, $62MM deal from Washington, reports Winfield (Twitter link).

Here are a few more updates from around the East:

  • Although Victor Oladipo‘s camp is optimistic that he’ll be able to return to action sometime between late December and early February, some Heat people believe March is a more realistic target, tweets Barry Jackson of The Miami Herald. Oladipo, who underwent quad tendon surgery in May, agreed to a minimum-salary contract with Miami.
  • Following up on an Ian Begley report that stated the final year in the Knicks‘ deals with Nerlens Noel, Alec Burks, Derrick Rose, and Evan Fournier aren’t guaranteed, ESPN’s Zach Lowe (Twitter link) clarifies that all four deals are expected to have standard team options in their last years. Noel, Burks, and Rose will have those options in year three, while Fournier’s will be in year four.
  • Pacers big man Goga Bitadze wanted to play for the team in Summer League this month, but he missed Indiana’s first two SL practices due to back soreness and is now away from the club due to a personal matter, writes Scott Agness of Fieldhouse Files.
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Trade Rumors: Kings, Siakam, Raptors, Dragic, Spurs, Markkanen

August 4th, 2021 at 2:07pm CST by Luke Adams

The Kings “definitely” have trade interest in Raptors forward Pascal Siakam, Sam Amick of The Athletic said during an appearance on The Deuce & Mo Podcast (video link).

There have whispers this offseason – particularly since the Raptors used the No. 4 overall pick to draft Scottie Barnes – that Siakam is available via trade, but Amick says the Kings have been waiting for clarity on just how willing Toronto might be to move him. Sacramento would likely pursue Siakam if given the chance, though it’s unclear how much interest the Raptors would have in possible trade chips like Buddy Hield and Marvin Bagley.

Here are a few more trade-related rumors and notes from around the NBA:

  • It’s looking more and more like Goran Dragic and Precious Achiuwa – the two primary outgoing pieces in the Heat‘s Kyle Lowry sign-and-trade – will end up with the Raptors, at least for the time being, tweets Michael Grange of Sportsnet.ca. The Raptors are believed to be exploring flipping Dragic to a third team, such as the Mavericks, but apparently haven’t found a deal they like yet.
  • Dragic, for his part, offered the following update on Slovenian television on Tuesday, per Iztok Franko of Mavs Moneyball (Twitter link): “I haven’t heard from Toronto yet, I’m still waiting for the news. Everything depends on the third team, we’ll have the news in the next few days.”
  • Before agreeing to acquire Thaddeus Young and Al-Farouq Aminu in their DeMar DeRozan sign-and-trade with the Bulls, the Spurs were interested in landing Lauri Markkanen via sign-and-trade, ESPN’s Brian Windhorst said on the latest episode of his Hoop Collective podcast. However, according to Windhorst, Markkanen sought a larger contract than the Spurs were comfortable offering, prompting the team to pivot to the veterans on expiring contracts. Windhorst believes there’s a “decent chance” Markkanen – a restricted free agent – will end up returning to Chicago.
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Free Agency Rumors: Paul, Caruso, Birch, Green, Heat

August 4th, 2021 at 1:37pm CST by Eli Cohen

The Pelicans offered Chris Paul a $100MM contract early in free agency, ESPN’s Brian Windhorst said on today’s episode of The Hoop Collective podcast. Windhorst believes the Pelicans’ offer helped convince the Suns to add a fourth year to their offer — that fourth year is not guaranteed, but it’s not clear if New Orleans’ offer would have been fully guaranteed either.

According to Windhorst, after new Pelicans head coach Willie Green tried to help recruit him, Paul entertained the idea for some time before ultimately committing to the Suns.

On the same episode of The Hoop Collective podcast, ESPN’s Ramona Shelburne stated that Alex Caruso was willing to go back to the Lakers for three years and $30MM, but that the Lakers weren’t willing to higher than about $7MM per year for the veteran guard. Concerns about an exorbitant luxury-tax penalty factored into that decision, per Shelburne.

We have more free agency rumors:

  • Khem Birch could be nearing a return to the Raptors, according to Michael Grange of Sportsnet.ca (Twitter link). Grange reports that there’s “growing momentum” toward the two sides reaching a deal. The 28-year-old center was extremely productive in his 19 games for the Raptors after coming over in a trade, and has turned himself into a solid starting center over the last couple seasons.
  • Add the Cavaliers to the list of teams interested in Danny Green, reports ESPN’s Jordan Schultz. Schultz also confirms, in a follow-up tweet, that the Lakers remain interested in a reunion with Green, which Chris Haynes of Yahoo Sports previously reported. It doesn’t appear the Lakers will be able to offer Green more than the veteran’s minimum though.
  • Following their deal with Victor Oladipo, the Heat remain interested in a low-cost veteran guard who will be healthy at the start of the season, according to Barry Jackson of The Miami Herald (Twitter link), who names Lou Williams as a player who would “welcome” interest from the team.
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Bulls Sign Tony Bradley

August 4th, 2021 at 10:18am CST by Luke Adams

AUGUST 12: The Bulls have officially signed Bradley, per RealGM’s transactions log.

AUGUST 4: The Bulls have reached an agreement to sign free agent center Tony Bradley, according to multiple reports.

Chris Haynes of Yahoo Sports (Twitter links), who first reported the agreement, says it’s a two-year deal, with a player option on year two. According to ESPN’s Adrian Wojnarowski (Twitter link), it’ll be a minimum-salary contract.

Bradley, 23, was the 28th pick in the 2017 draft and spent his first three NBA seasons as a reserve big man in Utah, playing limited minutes. After being traded multiple times, he spent the 2020/21 season with Philadelphia and Oklahoma City, averaging 7.1 PPG and 5.7 RPG in 42 games (16.3 MPG) for the Sixers and Thunder.

The Thunder had the option of making Bradley a restricted free agent by extending him a qualifying offer, but chose not to do so. Given that the former UNC standout has agreed to a minimum-salary deal as an unrestricted free agent, it appears Oklahoma City made the right call — his qualifying offer would have been worth about $5.3MM.

While he’s not as flashy as the Bulls’ other free agent additions, including Lonzo Ball, DeMar DeRozan, and Alex Caruso, Bradley will provide the club with some depth at center behind starter Nikola Vucevic.

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Free Agency Rumors: D. Green, Hart, Cavs, Caruso, DeRozan

August 3rd, 2021 at 10:13pm CST by Eli Cohen

Free agent swingman Danny Green has been in contact with the Sixers multiple times over the past two days, according to Harrison Sanford, co-host of Green’s The Green Room podcast (Twitter link).

Sandford said that as of this afternoon, the two sides were nowhere close to a deal, and that the Bucks, Celtics, Bulls and Pelicans have all reached out as well. He adds in a separate tweet that Green has pre-existing relationships with both Ime Udoka of the Celtics and Mike Budenholzer of the Bucks from his time with the Spurs.

We have more free agency rumors:

  • The Cavaliers have had some discussions about the possibility of a sign-and-trade for Pelicans restricted free agent forward Josh Hart, sources tell Chris Fedor of Cleveland.com (Twitter link). Without a sign-and-trade agreement, Cleveland would be limited to offering Hart the full mid-level exception, which New Orleans would presumably match.
  • Alex Caruso agreed to sign with the Bulls for four years, $37MM, and according to Zach Lowe of ESPN (hat tip to RealGM), the Lakers‘ offer to keep him was nowhere close to what was offered by Chicago. Ramona Shelburne added that – before Caruso agreed to his deal with the Bulls – the Timberwolves inquired about acquiring him in a sign-and-trade that would have included Marc Gasol, but didn’t have any luck.
  • According to K.C. Johnson of NBC Sports Chicago (Twitter link), Bulls general manager Marc Eversley was crucial in securing a commitment from DeMar DeRozan, as the two had a long-standing relationship from when Eversley was the assistant general manager for the Raptors. The Bulls’ GM flew to Los Angeles to meet with DeRozan in person and had a “fruitful” two-hour meeting, per Marc J. Spears of The Undefeated (Twitter link).
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Eastern Notes: Bulls, Dinwiddie, Nets, Celtics, Cavs, Pistons

August 3rd, 2021 at 8:49pm CST by Luke Adams

The first-round pick the Bulls will send to the Spurs in the DeMar DeRozan sign-and-trade will be top-10 protected in the first year and top-eight protected in the second and third years if it doesn’t convey immediately, reports John Hollinger of The Athletic.

That pick will tentatively be the Bulls’ 2025 first-rounder, but that’s conditional on Chicago sending its 2023 pick to Orlando. If the 2023 first-rounder falls in its protected range (top four) and the Bulls keep it, the Bulls would have to wait until at least 2026 to send a first-rounder to the Spurs in order to avoid running afoul of the Stepien rule, which prohibits teams from trading back-to-back future first-round picks.

Here’s more from around the East:

  • In an in-depth look at the challenges facing the Wizards in their efforts to acquire Spencer Dinwiddie via sign-and-trade, Danny Leroux and Fred Katz of The Athletic cite sources who say the Nets are seeking a significant asset (besides a trade exception) from Washington in any agreement.
  • The Celtics are taking a conservative approach to free agency this year in part because they want to maintain a salary structure that allows them to be players for a major free agent in 2022, as Mark Murphy of The Boston Herald explains (via Twitter).
  • The Cavaliers continue to scour the market for shooting help, according to Chris Fedor of Cleveland.com, who says Doug McDermott was the team’s top target entering free agency. McDermott, who agreed to a three-year deal with San Antonio, was one of a number of players on Cleveland’s wish list that opted to go elsewhere.
  • Pistons head coach Dwane Casey envisions Cade Cunningham and Killian Hayes sharing the play-making responsibilities for the team in 2021/22, as Keith Langlois of Pistons.com writes. “Both of ’em are 1A and 1B,” Casey said of his two young guards. ” Either one can bring it up. Either one can initiate offense. Either one can run pick and roll. What we want to work to is position-less basketball.”
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Free Agency Roundup: Rose, Bjelica, Suns, Vanderbilt, Niang, Schroder

August 3rd, 2021 at 6:12pm CST by Eli Cohen

Derrick Rose had received interest from the Pelicans, Wizards, Bulls, and Heat before re-signing with the Knicks, write Jeff Zillgitt and Mark Medina of USA Today. The USA Today adds that Kyle Lowry signing with the Heat helped usher Rose back to the Knicks and coach Tom Thibodeau. Rose agreed to a three-year, $43MM deal on Monday.

In the same piece, Zillgitt and Medina write that five other teams considered signing Nemanja Bjelica with their mid-level exception, but Bjelica prioritized signing with the Warriors instead. Bjelica agreed to a one-year deal for the veteran’s minimum earlier today.

We have more free agency rumors:

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Bulls To Acquire DeMar DeRozan From Spurs Via Sign-And-Trade

August 3rd, 2021 at 3:06pm CST by Luke Adams

Free agent wing DeMar DeRozan is expected to sign a three-year, $85MM contract with the Bulls, reports Shams Charania of The Athletic (Twitter links).

According to Charania, the Bulls and Spurs are finalizing a sign-and-trade deal that will send DeRozan to Chicago in exchange for Thaddeus Young, a future first-round pick, and two second-round picks. Al-Farouq Aminu will go to San Antonio in the deal too, per ESPN’s Adrian Wojnarowski (Twitter link).

Wojnarowski also provides the details on the draft picks headed to the Spurs, reporting (via Twitter) that the future first-round pick will convey in 2025 at the earliest, since the Bulls owe their 2023 first-rounder to Orlando. The second-rounders Chicago is sending to San Antonio are the Lakers’ 2022 pick and the Bulls’ own 2025 pick, Woj adds.

Chris Haynes of Yahoo Sports (Twitter links), who first reported DeRozan was nearing a deal with Chicago, says his three-year deal will be fully guaranteed.

It’s a fascinating turn of events for the Bulls and for DeRozan, who had reportedly been planning to meet with the Clippers despite their limited cap flexibility. Because acquiring a player via sign-and-trade hard-caps a team at the tax apron, a sign-and-trade for DeRozan likely wasn’t an option for the Clippers, who project to be taxpayers.

However, the Bulls, who had already agreed to acquire Lonzo Ball via sign-and-trade and had two sizeable – and expendable – expiring contracts belonging to Young and Aminu, were in a far better position to make DeRozan an aggressive offer. And they did just that, agreeing to a deal that will add DeRozan to a core that now includes Zach LaVine, Nikola Vucevic, and Ball.

While DeRozan’s lack of a three-point shot (he has made 35 in the last three seasons) is an oddity for a wing in the modern NBA, his mid-range game is deadly and he has become a legitimately dangerous play-maker, averaging a career-best 6.9 assists per game in 2020/21. Opponents will have a tough time stopping lineups featuring him, LaVine, and Vucevic, though it won’t be the most stout group defensively.

Based on their reported moves, the Bulls still have about $19.5MM in breathing room below the tax and $26MM below the hard cap, according to ESPN’s Bobby Marks, who notes (via Twitter) that the team still holds Lauri Markkanen‘s Bird rights.

The Spurs, who have free agent deals in place with Zach Collins and Doug McDermott, still have about $6MM in projected cap space to work with, Marks adds.

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