- The Bulls may have changed their outlook on Cameron Payne‘s role with the franchise, and not for the better. Joe Cowley of the Chicago Sun Times writes that one source close to the team seemed particularly bearish. “We knew the second practice [after he was acquired] that he couldn’t play at [an NBA] level,” the source told Cowley. “The only reason it took two practices was because we thought maybe it was nerves in the first one.”
- The Bulls have named Shawn Respert their new Director of Player Development among various other executive-level changes, a press release on the team’s official site states.
SEPTEMBER 1, 2:55pm: The deal is now official, the Pelicans announced in a press release.
In exchange for Pondexter, a 2018 second-rounder, and cash, the Bulls are sending the Pelicans the draft rights to Ater Majok, according to Brett Martel of The Associated Press (Twitter link). Majok, a 2011 pick who is currently playing in Lebanon, had his rights traded from the Lakers to Chicago in last summer’s Jose Calderon swap.
AUGUST 31, 4:52pm: There has been a clarification regarding the trade courtesy of CSN Chicago’s Vincent Goodwill. The Bulls will receive Pondexter and a 2018 second-pick, as well as cash.
4:44pm: The Bulls and Pelicans are finalizing a trade that would send Quincy Pondexter to Chicago for a second-round draft pick, Shams Charania of The Vertical tweets. An update, however, suggests that it will be New Orleans giving up the pick in addition to Pondexter.
Pondexter hasn’t seen NBA action since 2014/15 when he started 28 games for the Pelicans and 30 contests total. Since then, he’s struggled through a particularly troublesome knee injury, his health remaining in limbo ahead of the 2017/18 season.
While the Bulls may end up ultimately waiving Pondexter, the second-round pick will serve them well as they navigate a long anticipated rebuild. The addition of Pondexter’s $3.9MM contract will presumably be absorbed into Chicago’s $15.3MM trade exception, Bobby Marks of ESPN tweets.
Considering New Orleans’ need for a perimeter threat in light of Solomon Hill‘s long-term hamstring injury, the 29-year-old Pondexter would be an extremely valuable asset for the franchise if there was any sense of optimism that he could be healthy for the upcoming campaign. In June, however, general manager Dell Demps spoke about how uncertain the forward’s status was.
We had previously identified Pondexter as a candidate to be waived and stretched before the August 31 deadline, particularly given New Orleans’ proximity to the tax line. However, by finding a trade partner for the veteran swingman, the Pelicans will avoid carrying his cap hit in 2017/18 or stretching it across the next three seasons.
It has been eight days since both the Celtics and Cavaliers announced the completion of a trade that sent Kyrie Irving to Boston in exchange for Isaiah Thomas, Jae Crowder, Ante Zizic, and the Nets’ 2018 first-round pick. However, more than a week later, we still can’t classify the deal as “completed.”
As first reported last Friday by ESPN, the Cavaliers expressed concern after their own doctors conducted a physical exam on Thomas’ injured hip. That concern has pushed the Cavaliers to re-engage the Celtics about acquiring further compensation in the blockbuster deal. Although it took a few days for the two sides to make contact again, that reportedly happened on Tuesday.
Here’s a breakdown of what we know about the situation, and when we can expect resolution:
When top college prospects like Markelle Fultz or Lonzo Ball are drafted, there’s virtually no doubt that their next step will involve signing an NBA contract. However, that’s not the case for every player who is selected in the NBA draft, particularly for international prospects and second-round picks.
When an NBA team uses a draft pick on a player, it gains his NBA rights, but that doesn’t mean the player will sign an NBA contract right away. International prospects will often remain with their professional team overseas for at least one more year to develop their game further, becoming “draft-and-stash” prospects. Nikola Mirotic, Dario Saric, and Bogdan Bogdanovic are among the more notable players to fit this bill in recent years.
However, draft-and-stash players can be former NCAA standouts too. Sometimes a college prospect selected with a late second round pick will end up playing overseas or in the G League for a year or two if there’s no space available on his NBA team’s 15-man roster.
While these players sometimes make their way to their NBA teams, others never do. Many clubs around the NBA currently hold the rights to international players who have remained overseas for their entire professional careers and are no longer viewed as top prospects. Those players may never come stateside, but there’s often no reason for NBA teams to renounce their rights — those rights can sometimes be used as placeholders in trades.
For instance, earlier this summer, the Pacers and Raptors agreed to a trade that sent Cory Joseph to Indiana. Toronto was happy to move Joseph’s salary and didn’t necessarily need anything in return, but the Pacers had to send something in the deal. Rather than including an NBA player or a draft pick, Indiana sent Toronto the draft rights to Emir Preldzic, the 57th overall pick in the 2009 draft.
Preldzic is currently playing for Galatasaray in Turkey, and at this point appears unlikely to ever come to the NBA, but his draft rights have been a useful trade chip over the years — the Pacers/Raptors swap represented the fourth time since 2010 that Preldzic’s NBA rights have been included in a trade.
Over the next several days, we’re taking a closer look at the players whose draft rights NBA teams currently hold, sorting them by division. These players may eventually arrive in America and join their respective NBA teams, but many will end up like Preldzic, plying their trade overseas and having their draft rights used as pawns in NBA trades.
Here’s a breakdown of the draft rights held by Central teams:
Chicago Bulls
- Albert Miralles, C (2004; No. 39): Last played in Spain.
- Milovan Rakovic, C (2007; No. 60): Last played in Spain.
- Tadija Dragicevic, F (2008: No. 53): Last played in Greece.
Cleveland Cavaliers
- Vladimir Veremeenko, F (2006; No. 48): Last played in Germany.
- Ejike Ugboaja, F (2006: No. 55): Retired.
- Edin Bavcic, F/C (2006; No. 56): Playing in Austria.
- Sergiy Gladyr, G (2009; No. 49): Playing in Monaco.
- Milan Macvan, F (2011; No. 54): Playing in Germany.
- Chukwudiebere Maduabum, F/C (2011; No. 56): Last played in Japan.
- Ilkan Karaman, F (2012: No. 57): Playing in Turkey.
- Sir’Dominic Pointer, G/F (2015; No. 53): Last played in Israel.
- Arturas Gudaitis, C (2015; No. 47): Playing in Italy.
Detroit Pistons
- None
Indiana Pacers
- Andrew Betts, C (1998; No. 50): Retired.
Milwaukee Bucks
- Andrei Fetisov, F (1994; No. 36): Retired.
- Eurelijus Zukauskas, C (1995; No. 54): Retired.
Previously:
Information from Mark Porcaro and Basketball Insiders was used in the creation of this post.
The biggest trade of the NBA offseason remains in flux, as the Cavaliers determine what their next move is after conducting a physical exam on Isaiah Thomas‘ troublesome hip. According to Steve Kyler of Basketball Insiders (Twitter link), the two teams have until 9:00am central time on Thursday to finalize an agreement on the trade, though they could agree to extend that deadline.
As Kyler explains (Twitter links), the concern from the Cavaliers’ side appears to stem from the Celtics‘ assessment of Thomas’ hip. Boston believed that the veteran point guard wouldn’t require surgery on his hip, but Cavs doctors aren’t as certain about that diagnosis, which is why Cleveland is believed to be seeking further compensation. Still, as of Sunday, the Cavs hadn’t formally asked the C’s for more pieces, per Joe Vardon of Cleveland.com (Twitter link).
Here’s more on the mega-deal as we wait to see if it becomes fully official:
- If the Cavaliers fear that Thomas will miss a chunk of the 2017/18 season due to the hip injury, acquiring another asset that could help them improve their point guard depth figures to be a priority, tweets Kyler. Kyler suggests (via Twitter) that adding Terry Rozier to the Irving deal could be one option, but notes that adding another draft pick would also make sense, since that pick could potentially be attached to Iman Shumpert in a separate trade.
- Speaking of Shumpert, the Cavs are still looking to trade him, writes Terry Pluto of Cleveland.com. Pluto adds that there’s still not much interest in Shumpert, who will be difficult to move, though Kyler tweets that teams like the Rockets, Mavericks, and Bulls have expressed some interest — it’s not clear if those teams are all still viable trade partners for Cleveland.
- Both teams have plenty to lose if they were to void this trade, according to Jeff Zillgitt of USA Today, who expects the Celtics and Cavs to find a way to get it done, even if one team is a bit less happy about the outcome. A. Sherrod Blakely of CSNNE.com also presents five reasons why the deal will eventually be completed.
- At least one player involved in the trade apparently anticipates it being finalized. As Vardon details in a Cleveland.com article, Jae Crowder has been photographed wearing Cavaliers gear. Vardon adds (via Twitter) that Crowder took his physical with the Cavs last week and is looking forward to playing for the franchise.
Mavericks center Nerlens Noel will take his chances as an unrestricted free agent next summer after accepting the team’s $4.1 MM qualifying offer for this season. There were conflicting reports about whether Dallas ever offered a four-year deal in the $70MM range, but regardless, the third-year big man is committed to one more season with the Mavs for less than he made last year.
The lack of interest is partially the plight of being a restricted free agent, but ESPN’s Kevin Pelton [Insider account] isn’t sure Noel will get the max offer he wants in 2018.
There will be fewer teams with money to spend, as Pelton identifies just six franchises that appear to have the cap room to extend a max offer. One of those is the Lakers, who figure to have their eyes on bigger prizes than Noel. The Pacers with Myles Turner and the Jazz with Rudy Gobert won’t be spending money on another center, and the Sixers don’t figure to bring Noel back to town.
That leaves just the Hawks, who could have more than $30MM available if Dewayne Dedmon and Mike Muscala both turn down their player options, and the Bulls, who seem destined to have more than $40MM and might be ready for a new direction in the middle.
Pelton notes that it has been a particularly rough summer for free agent centers, with Pau Gasol getting the largest contract by re-signing with the Spurs for $49MM over three years. With many teams de-emphasizing the position and others already set, unrestricted free agency won’t gurantee Noel the payday he wants.
- Former Bulls guard Jimmy Butler doesn’t regret his mid-season comments criticizing teammates, saying that the organization doesn’t make it easy for players to express themselves. “I just think they make it tough to be yourself, to be who you are and express yourself the way you want to express yourself,” he told Joe Cowley of the Chicago Sun-Times.
Last week, ESPN’s Nick Friedell wrote in a piece on the Bulls’ outlook for 2017/18 that the team is expected to reach a buyout with Dwyane Wade within the next few months. Friedell’s story was edited later to back off that stance a little, suggesting now that “nobody would be surprised” if Wade and the Bulls reach a buyout agreement in the not-too-distant future.
Appearing on ESPN’s The Jump (video link) this week, Friedell once again addressed the Wade situation, calling a buyout “inevitable.” According to Friedell, it’s a matter of “when, not if” the Bulls and Wade will part ways this season.
Here’s more on Wade, the Bulls, and his possible landing spot if he becomes a free agent:
- While the Bulls and Wade figure to get serious about a buyout after the trade deadline if it hasn’t already happened by then, Friedell said during his appearance on The Jump that he wouldn’t be shocked if the two sides work something out in December or January. However, Friedell doesn’t expect a buyout agreement to be finalized before the season.
- Friedell also suggests that the young players on the Bulls’ roster aren’t overly fond of Wade, who last season challenged his teammates’ dedication to winning despite missing practices himself. In Friedell’s view, that potential friction may motivate both sides to get a buyout done sooner.
- The Bulls have no reason to buy out Wade unless he eventually meets their terms and gives up a significant chunk of his $23.8MM salary, according to David Haugh of The Chicago Tribune, who hears that the two sides haven’t yet engaged in buyout talks.
- If Wade is bought out by the Bulls, will he end up reuniting with his good friend LeBron James for the Cavaliers? According to Joe Vardon of Cleveland.com, people close to James are indeed “fairly confident” that Wade will land in Cleveland. As Dan Feldman of Pro Basketball Talk details, before making that assertion, Vardon said earlier in his podcast that only a small handful of people – including agent Rich Paul, LeBron himself, and three others – should truly be considered “close” to LeBron. So Vardon’s info likely came from one or more of those sources.
Two more Heat players have spoken out about the possibility of bringing back Dwyane Wade if he agrees to a buyout with the Bulls, relays Ira Winderman of The Sun Sentinel. Hassan Whiteside and Wayne Ellington both endorsed the move during an appearance Saturday at a Whiteside Foundation fundraiser. “He’s a great basketball-IQ guy,” Whiteside said. “He can find you on a lob. He can find you on a pick-and-roll situation. He’s a great scorer.”
Whiteside had previously backed a reunion with Wade through a nodding GIF on social media, but these were his first public comments on the potential move. Wade, who spent 13 years in Miami before signing with Chicago last summer, remains a popular figure in South Florida, but he would have to give up a significant portion of his $23.8MM salary for a buyout to occur. Ellington, who is among the players who might see a reduced role if Wade returns, is also on board. “Obviously this is something that D-Wade helped build,” he said, “so obviously this city and us as a team being able to have somebody like that on our team would be amazing.”
There’s more today from the Southeast Division:
- The terms of Jordan Mickey‘s two-year agreement with the Heat have been confirmed, Winderman adds in the same story. The former Celtic’s first season will be guaranteed at the $1.5MM veteran’s minimum and the second will be a team option.
- The Hornets are in the market for a new assistant coach after Bob Weiss left to join the Nuggets, writes Rick Bonnell of The Charlotte Observer. The 75-year-old had been with Charlotte since Steve Clifford was hired as head coach in 2013. Weiss opted to take a job in Denver to be closer to his grandchildren, and Clifford hopes to find another veteran coach to replace him.
- Sharecare, a digital health company based in Atlanta, agreed to a five-year deal this week to become the Hawks‘ jersey patch sponsor, according to WSB-TV in Atlanta. “Every team has had their own strategy with regard to patch partners,” said Andrew Saltzman, executive vice president and chief revenue officer for the team. “But ours is very clear: true to Atlanta and making this a component of a much larger and fully integrated partnership that benefits our fan base, Atlanta as a whole and certainly our partner and ourselves.”
During the 2016 NBA offseason, when the salary camp jumped from $70MM to $94MM, 27 teams had cap room available, with only three clubs operating over the cap all year. A more modest cap increase this year to $99MM meant that fewer teams had cap space to use. So far, 14 teams – less than half the league – have used cap room to sign players.
Of those 14 teams, several have since used up all their cap room, including the Celtics, Knicks, Jazz, Lakers, and Timberwolves. However, there are still several teams around the NBA that have room available, or could create it without waiving and stretching any players on guaranteed salaries.
With the help of data from HeatHoops and Basketball Insiders, here’s a quick breakdown of teams that still have cap room available, along with their estimated space:
- Atlanta Hawks: $4.6MM. The Hawks could gain slightly more space by waiving Luke Babbitt, whose salary is only partially guaranteed, but Atlanta just signed Babbitt, so that’s not a likely move.
- Brooklyn Nets: $6.6MM. The Nets could gain slightly more space by waiving Spencer Dinwiddie, whose minimum salary contract is mostly non-guaranteed. However, I expect Brooklyn to keep Dinwiddie on its roster.
- Denver Nuggets: $2.8MM. With Mason Plumlee‘s cap hold still on their books, the Nuggets’ cap room is fairly negligible. Denver could get up to about $8.6MM by renouncing Plumlee, but there’s no indication that’s in the plans.
- Indiana Pacers: $7.6MM.
- Philadelphia 76ers: $15.1MM. The Sixers could create even more space by waiving a player on a non-guaranteed contract, but the team isn’t about to part with Robert Covington, Richaun Holmes, or T.J. McConnell.
- Phoenix Suns: $6.3MM. Alex Len‘s cap hold is taking up $12MM right now, and Phoenix is carrying a pair of non-guaranteed contracts (Elijah Millsap and Derrick Jones), so in theory the Suns could get all the way up to $21.2MM in space by renouncing Len and cutting those non-guaranteed players.
- Sacramento Kings: $4.3MM.
The following two teams are essentially capped-out, but could create a very small amount of room if necessary:
- Miami Heat: The Heat could create close to $1MM in space by waiving Rodney McGruder and Okaro White, whose salaries aren’t fully guaranteed. That almost certainly won’t happen.
- Orlando Magic: The Magic are currently under the cap by about $550K, and could create up to about $1.34MM in space by waiving Khem Birch, whose salary is mostly non-guaranteed. Again, that’s not likely.
The following two teams are technically operating over the cap at the moment, with various trade and mid-level exceptions pushing them over the threshold, but they could create room if they choose to go under the cap:
- Chicago Bulls: The Bulls could immediately create about $13.5MM in room by renouncing the rest of their MLE and the $15MM trade exception generated in the Jimmy Butler deal. If the team chose to waive David Nwaba, who is on a non-guaranteed deal, and renounced its free agent cap holds, including Nikola Mirotic‘s, that figure would increase to about $25.8MM.
- Dallas Mavericks: Even without renouncing Nerlens Noel‘s cap hold, the Mavericks could get to $11.6MM in cap room by waiving their non-guaranteed players and dipping below the cap. Removing Noel’s cap hold on top of that could get the Mavs up over $22MM in room, but there’s been no indication that Dallas plans to go that route.