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Timberwolves Trade Ricky Rubio To Cavaliers

August 3rd, 2021 at 9:52am CST by Luke Adams

AUGUST 3: The Timberwolves and Cavaliers have officially announced the trade in a pair of press releases.

The timing is curious, since the free agency moratorium is underway and trades can’t be formally completed during that time. However, the NBA’s official transactions log suggests the deal was finalized on Monday, presumably before the new league year began.

The announcement comes on the heels of Rubio racking up 38 points for the Spanish national team in a losing effort against Team USA on Tuesday.

JULY 29: The Timberwolves have agreed to trade Ricky Rubio to the Cavaliers in exchange for Taurean Prince, a 2022 second-round pick, and cash, sources tell Adrian Wojnarowski of ESPN (Twitter link).

Wojnarowski’s original report stated that the second-round pick and cash were going from Minnesota to Cleveland, but according to Jon Krawczynski of The Athletic (Twitter link), the Wolves are actually acquiring those assets along with Prince.

Subsequent reporting confirms as much — Jake Fischer of Bleacher Report tweets that the Cavs are sending $2.5MM to Minnesota as part of the deal, while Wojnarowski tweets that the pick changing hands is the Wizards’ 2022 second-rounder, which had been controlled by Cleveland.

It’s an interesting deal for the Cavaliers, who already have Darius Garland running the point and Collin Sexton acting as a secondary ball-handler. Giving up assets for Rubio doesn’t necessarily mean the Cavs have to move on from one of those players (likely Sexton), since the team needs depth at the point and was seeking a reliable veteran, per Chris Fedor of Cleveland.com (Twitter link). Still, that added depth would make it easier for Cleveland to move Sexton, who has been the subject of some trade rumors this month.

Rubio, who is currently representing Spain at the Tokyo Olympics, averaged a career-low 8.6 PPG for Minnesota in 2020/21 and shot just .388/.308/.867 in 68 games (26.1 MPG). However, the 30-year-old remains an effective play-maker (6.4 APG) and received praise for his leadership of the young Wolves.

The Timberwolves will create some extra financial flexibility below the luxury tax line as a result of this deal, as Rubio is on a $17.8MM expiring contract, while Prince is making $13MM in the last year of his contract. The team now projects to be about $5.4MM below the tax, tweets ESPN’s Bobby Marks.

It’s unclear if Minnesota intends to keep Prince, but the team was lacking in reliable forward depth this past season, so the former Baylor standout could help out there. He’s a career 37.0% three-point shooter and knocked down 40.0% of his attempts from beyond the arc for Brooklyn and Cleveland in 2020/21.

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McDermott, Bullock Could Be Free Agent Targets

August 2nd, 2021 at 3:56pm CST by Dana Gauruder
  • Along with the pending acquisition of Ricky Rubio, the Cavaliers could look to add another veteran or two in free agency, particularly on the wing, Kelsey Russo of The Athletic writes. Doug McDermott and Reggie Bullock are two names to watch with Cleveland dangling all or part of its mid-level exception for their services. The Rubio deal with the Timberwolves can become official on Friday.
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Cavs Preparing $100MM Offer To Jarrett Allen

August 2nd, 2021 at 3:13pm CST by Dana Gauruder

The Cavaliers are preparing to give restricted free agent Jarrett Allen a five-year offer worth approximately $100MM, Marc Stein of Substack tweets.

Cleveland traded for Allen in the multi-team James Harden blockbuster this past season with the intent of retaining Allen for years to come. The Cavaliers drafted USC big man Evan Mobley with the No. 3 overall pick on Thursday and want to pair him up with Allen to form their long-term frontcourt duo.

The Cavaliers reportedly view the Raptors as their main threat to re-signing Allen but it’s widely speculated that Cleveland would match any offer sheet. The five-year offer would be a preemptive strike by Cleveland’s front office to lock up Allen.

Allen averaged 13.2 PPG, 9.9 RPG, and 1.4 BPG across 51 contests after the Cavs acquired him.

 

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Trade Rumors: Warriors, T. Harris, OKC, Jordan, Sexton, Wolves

August 2nd, 2021 at 10:00am CST by Luke Adams

Trade speculation involving the Warriors‘ top assets – including James Wiseman, Jonathan Kuminga, Moses Moody, and possibly future first-round picks – has died down a little since the draft came and went without a deal, with team owner Joe Lacob publicly stating a major deal this offseason is unlikely.

A source within the organization tells Kendra Andrews of NBC Sports Bay Area that there’s only one player the Warriors would be willing to make all those aforementioned assets available for, and that player hasn’t been made available via trade.

While the player wasn’t specifically named, Andrews writes that it’s hard not to assume it’s a reference to Bradley Beal, whom Golden State’s stars would reportedly love to add to the roster. However, Beal continues to give no indications that he wants the Wizards to move him.

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

  • In addition to shopping Ben Simmons, the Sixers have made Tobias Harris available, according to veteran NBA reporter Mitch Lawrence of SiriusXM NBA Radio (Twitter link), who says the Rockets turned down a potential deal for Harris.
  • The Thunder are a possible candidate to take on DeAndre Jordan in a trade with the Nets, says Jake Fischer of Bleacher Report. It’s not clear if Oklahoma City would become involved in a multi-team trade to make that happen or if it’d be a straight salary-dump deal.
  • Fischer also reports in the same story that a trade involving Cavaliers guard Collin Sexton appears unlikely at this point.
  • The Timberwolves “had eyes” for Kyle Kuzma before the Lakers reached a deal to send him to the Wizards, according to John Hollinger of The Athletic, who says Minnesota could pursue Kuzma again if Washington makes him available. Fischer adds that the Wolves are open to flipping Taurean Prince after acquiring him from Cleveland.
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Free Agent Rumors: Lowry, Caruso, Cavs, Trent, Batum, Bradley

August 1st, 2021 at 9:08pm CST by Luke Adams

The Pelicans are viewed as the most likely of Kyle Lowry‘s prospective suitors to guarantee a third year in their offer to the veteran point guard, sources tell Michael Grange of Sportsnet.ca. However, it’s the Heat that are considered the current frontrunners to land Lowry.

ESPN’s Adrian Wojnarowski confirms as much in his latest report, suggesting that the Heat are ready and willing to attach assets to Goran Dragic to entice the Raptors to accept a sign-and-trade offer, with Precious Achiuwa and draft picks among the pieces that could be in play. According to Wojnarowski, the Pelicans and Mavericks – rumored to be two of Lowry’s most aggressive suitors – are beginning to consider other options as they look for a starting point guard.

Here are a few more updates on free agents, with the start of the 2021 free agent period less than 24 hours away:

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Cavaliers To Make Isaiah Hartenstein UFA

August 1st, 2021 at 3:48pm CST by Alex Kirschenbaum

The Cavaliers will not issue a qualifying offer to reserve center Isaiah Hartenstein ahead of the 2021/22 season, making him an unrestricted free agent, per Michael Scotto of HoopsHype (via Twitter).

Hartenstein averaged 8.3 PPG, 6.0 RPG and 1.2 BPG across 17.9 MPG for a dismal 22-50 Cavaliers club last year. Cleveland’s frontcourt has undergone a major upgrade already during the offseason, as the Cavaliers drafted promising USC big man Evan Mobley with the third pick in the 2021 draft on Thursday. The Cavaliers are also expected to hold on to incumbent starting center Jarrett Allen, a restricted free agent this summer.

Mobley seems destined to start at power forward or center, but whether Allen or current starting power forward Larry Nance Jr. is the odd man out will ultimately be determined by head coach J.B. Bickerstaff. Given that big man Kevin Love, a probable reserve, has two years and $60.2MM left on his exorbitant deal with the club and will be hard to trade this season, moving on from Hartenstein this summer makes sense from a minutes perspective.

Hartenstein, 23, was first selected by the Rockets in the 2017 NBA draft after a promising 2016/17 stint with Lithuanian pro club Žalgiris. After being waived by Houston in the 2020 offseason, the 7’0″ German then joined the Nuggets as a potential backup for eventual MVP Nikola Jokic ahead of the 2020/21 season. Hartenstein and two future Cleveland second-rounders were ultimately traded to Cleveland for an upgrade at the reserve center position in JaVale McGee.

Hartenstein declined a minimum-salary player option earlier this offseason.

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Celtics Rumors: Richardson Trade, Fournier, Thompson, Parker

July 31st, 2021 at 1:39pm CST by Eli Cohen

The Celtics may have been quiet on draft night, but they’re making noise now. After agreeing to trade Tristan Thompson for the Hawks’ Kris Dunn and Bruno Fernando and sending Moses Brown to the Mavericks for Josh Richardson, the Celtics have given themselves some extra flexibility from both a financial and roster perspective, writes The Athletic’s Jared Weiss.

Evan Fournier‘s market seems to be in the range of $12-$20MM per year, according to Weiss, who points out that dealing for Richardson affords the Celtics the option of walking away if the bidding war gets too rich for them. It sounds like that’s a very realistic possibility, as Mark Murphy of The Boston Herald hears from a source that Boston is unwilling to meet Fournier’s asking price of $80MM over four years.

“It’s not looking good,” Murphy’s source said of the Celtics’ negotiations with Fournier.

Meanwhile, there’s no guarantee that the Celtics will hang onto Dunn, according to Weiss, who says the former lottery pick  could be flipped again. Weiss suggests that two viable options for dealing Dunn could be to the Cavaliers – along with one of the Celtics’ young players – in a deal for Larry Nance Jr., or to the Pelicans – with Marcus Smart – in a Lonzo Ball sign-and-trade.

We have more rumors on the Celtics:

  • According to Weiss, while Thompson was beloved by teammates, he butted heads with the coaching staff and the organization throughout the year and was widely expected to be moved this offseason.
  • In the same piece, Weiss cites The Athletic’s Danny Leroux, who explains that the Celtics now project to be about $4.36MM below the tax line if Jabari Parker (who has a non-guaranteed contract) is waived.
  • The Celtics wanted to send more guaranteed money to the Mavericks in the Josh Richardson deal, but Dallas initially didn’t want to take any money back, tweets Keith Smith of Spotrac. Moses Brown was the compromise found, given the low guarantee on his deal ($500K).
  • Chris Mannix of Sports Illustrated tweets that the Celtics’ front office, especially Brad Stevens, has long been a fan of Richardson, who will be looking to get back on track in Boston after a down year in Dallas.
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And-Ones: Colangelo, Love, Irving, 2022 Draft, Bleijenbergh

July 31st, 2021 at 11:59am CST by Dana Gauruder

Jerry Colangelo, managing director of USA Basketball, admitted that adding Cavaliers big man Kevin Love to the 12-man roster was a mistake, Joe Vardon of The Athletic reports. Speaking to reporters this week, Colangelo was blunt in his assessment of Love, stating that the 2012 gold medalist was not in shape when he showed up to camp. Love eventually withdrew from Team USA before the squad headed to Tokyo.

“I didn’t think Kevin Love was going to play. I wasn’t even sure he had much left to play,” Colangelo said. “He reached out to us and said he was in shape and said he felt he owed us. And on the basis of that, we’re looking at someone with international experience who at one time was a heck of a rebounder and could still shoot the ball. You know, being like a 12th man on a roster. Well, it didn’t work out. He wasn’t in shape. And he was way behind as it turned out. So you move on. Call it a mistake.”

We have more from the basketball world:

  • Nets guard Kyrie Irving has fired Roc Nation as his representative, Brian Lewis of the New York Post writes. It’s unclear why Irving, who can opt out of his contract after next season, made the move. He did rip Nike on social media for its shoe design and marketing of the upcoming Kyrie8 brand.
  • Just hours after the completion of this year’s draft, Jonathan Givony of ESPN released his 2022 mock draft. Gonzaga big man Chet Holmgren heads the list, followed by Duke’s Paolo Banchero and the G League Ignite’s Jaden Hardy.
  • Belgian guard Vrenz Bleijenbergh was a candidate to be a second-round pick, but went undrafted on Thursday. Bleijenbergh explained on Twitter that none of the teams interested in selecting him were willing to offer a guaranteed contract and thus, he couldn’t get out of his European deal. “I had multiple teams offering me two-way deals. But because of my contract in Europe, I wasn’t be able to sign them, it was against the rules,” he wrote. “The only option was a guaranteed contract, I didn’t receive it. It really hurts, I was really close.”
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Free Agent Rumors: J. Collins, Lowry, Z. Collins, Forbes, Celtics, More

July 31st, 2021 at 10:51am CST by Luke Adams

In his latest rumor-packed article for Bleacher Report, Jake Fischer echoes a Marc Stein report from Friday, writing that John Collins is viewed as increasingly likely to return to the Hawks despite anticipated interest from the Mavericks and Spurs, among others.

Collins’ new deal may exceed $120MM in total value, Fischer notes, though it’s not clear if that’d be for four years or five. Collins’ projected maximum with Atlanta is about $126MM over four years (or $163MM over five), whereas his max with a new team would be approximately $121MM over four years.

Here are a few other rumors on 2021 free agents, including several more updates from Fischer:

  • With the Pelicans, Mavericks, and Heat all expected to make a strong push for Kyle Lowry, the point’s guard ultimate landing spot could come down to which team includes the most guaranteed money in the third year of its offer, says Fischer.
  • The Raptors, Pelicans, Thunder, and Spurs are among the teams known to have interest in big man Zach Collins, sources tell Fischer. Collins isn’t getting a qualifying offer from Portland, so he’ll be an unrestricted free agent.
  • The Nets may be the leading candidates to sign free agent sharpshooter Bryn Forbes, according to Fischer, who also names the Bulls, Cavaliers, Mavericks, and Pelicans as teams to watch.
  • Mark Murphy of The Boston Herald (Twitter link) hears that the Celtics have a list of about seven or eight top free agent targets, including veteran Spurs guard Patty Mills.
  • Otto Porter‘s representatives have been targeting a mid-level type contract for their client, but that’s probably a long shot unless a front office bids against itself, says J. Michael of The Indianapolis Star (Twitter links). The veteran forward is coming off a four-year, $106MM+ deal.
  • The Nuggets are expected to add a backup center in free agency, according to Mike Singer of The Denver Post, who tweets that a new deal with JaVale McGee is one possibility to address that spot.
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Nico Mannion, Saben Lee, Others Receive Qualifying Offers

July 31st, 2021 at 10:25am CST by Luke Adams

The Warriors have issued a qualifying offer to two-way player Nico Mannion, making him a restricted free agent, tweets Keith Smith of Spotrac. Because Mannion, the 48th overall pick in the 2020 draft, was on a two-way contract during his rookie season, his qualifying offer will be the equivalent of another two-way deal, with a partial guarantee worth $50K. The QO will give Golden State matching rights in the event that another team signs Mannion to an offer sheet next week.

Here are more updates on players on two-way contracts receiving qualifying offers:

  • Saben Lee, a 2020 second-round pick who spent his rookie season on a two-way deal, has received a qualifying offer from the Pistons, making him a restricted free agent, tweets Smith. As expected, Detroit also officially renounced the draft rights to Jaylen Hands, Smith notes.
  • The Bulls issued a qualifying offer to two-way player Devon Dotson, making him a restricted free agent, tweets Smith. Chicago also gave a QO to Lauri Markkanen on Friday.
  • Nuggets guard Markus Howard, another two-way player, received a qualifying offer that makes him a restricted free agent, tweets Smith. Howard appeared in 37 games for Denver last season as an undrafted rookie out of Marquette.
  • The Spurs extended a qualifying offer to forward Keita Bates-Diop to make him an RFA, tweets Smith. Like the other players listed above, Bates-Diop has fewer than four years of NBA experience and is therefore eligible to sign another two-way contract after spending the 2020/21 season on a two-way deal.
  • The Cavaliers gave a qualifying offer to two-way shooting guard Brodric Thomas, tweets Chris Fedor of Cleveland.com (Twitter link). Thomas appeared in a total of 32 games for Houston and Cleveland as a rookie in 2020/21.
  • The Grizzlies announced they’ve issued a qualifying offer to big man Killian Tillie, making him a restricted free agent. Tillie appeared in 18 games for Memphis as a rookie on his two-way deal.

Since all of these players are coming off two-way contracts and have only spent one season with their respective teams, their QOs are one-year, two-way offers with $50K guarantees.

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