Cleveland Cavaliers Rumors | Hoops Rumors

Shumpert To Rockets, Burks to Kings In 3-Team Trade

February 7th, 2019 at 11:33am CST by Arthur Hill

FEBRUARY 7, 11:33am: The trade is now official, the Cavaliers confirmed in a press release. Here are the full details:

Cavaliers acquire Knight, Chriss, the Rockets’ 2019 first-round pick, and the Rockets 2022 second-round pick.
Rockets acquire Shumpert, Stauskas, Baldwin, and the Bucks’ 2021 second-round pick (from Cleveland).
Kings acquire Burks and lesser of the Rockets’ and Warriors’ 2020 second-round picks.

FEBRUARY 7, 7:21am: The draft pick the Kings are receiving from Houston in the deal will be the lesser of the Rockets’ and Warriors’ second-rounders in 2020, tweets James Ham of NBC Sports California.

FEBRUARY 6, 8:10pm: The Cavaliers will also receive a lottery-protected 2019 first-round pick from the Rockets, relays Chris Fedor of Cleveland.com, who states that the front office is “thrilled” by what it was able to get in return for Burks.

7:25pm: The Kings, Rockets and Cavaliers have agreed to a three-team deal that will send Iman Shumpert to Houston, Alec Burks and a second-round pick to Sacramento and Marquese Chriss and Brandon Knight to Cleveland, tweets Chris Haynes of Yahoo Sports.

The Rockets will also receive Nik Stauskas and Wade Baldwin from the Cavs, adds ESPN’s Adrian Wojnarowski (Twitter link). Both guards were acquired Sunday when Cleveland shipped Rodney Hood to Portland. Houston hasn’t decided whether to keep both players for the rest of the season, according to Jonathan Feigen of The Houston Chronicle (Twitter link).

Because they were just acquired, Stauskas and Baldwin can’t be aggregated in the same trade, so the Cavaliers and Rockets will have to make two separate deals, tweets Keith Smith of Real GM. Burks will be traded for Knight, while Chriss’ $3.2MM salary will be absorbed with the TPE that Cleveland created by sending Hood to the Trail Blazers.

The Cavaliers had to include both guards to remain below the luxury tax, Bobby Marks posts on ESPN Now. They created a $1.5MM trade exception for each player and are now $1.2MM under the tax. Knight carries cap hits of $14.6MM for this season and $15.6MM for 2019/20, while Chriss has a $3.2MM expiring deal. Cleveland is dangerously close to tax territory for next season, Marks adds, hovering about $10MM below without accounting for a projected top five draft pick.

Houston will save $6.3MM in projected tax payments and bring its bill down to $6.1MM, Marks notes in a separate post. The total could drop even lower depending on what happens with $1.5MM in bonuses for Clint Capela, who is sidelined after thumb surgery. The Rockets will inherit Shumpert’s Bird rights and will sit about $4MM above the tax threshold with the addition of the three players.

The Rockets had been seeking veteran wing help and were hoping to unload the contracts of Knight and Chriss after acquiring them from Phoenix over the summer in a deal to unload Ryan Anderson‘s hefty salary. Shumpert has an $11MM expiring contract. Burks also has an expiring deal worth a little more than $11.5MM.

Photo courtesy of USA Today Sports Images.

Eastern Trade Rumors: Cavs, A. Holiday, Kaminsky, Raps

February 7th, 2019 at 8:20am CST by Luke Adams

It has been a busy season on the trade market for the Cavaliers, who entered sell mode early and have moved Kyle Korver, George Hill, and Alec Burks in separate deals over the course of the 2018/19 campaign.

Even after all that action, the Cavaliers may not be done dealing, according to Chris Fedor of Cleveland.com, who reports that Cleveland’s front office is still exploring the market in search of a possible home for J.R. Smith. Although the Cavs plan to continue their efforts to move Smith right up until today’s deadline, making a deal is “easier said than done,” a source tells Fedor.

Despite the fact that Smith is on a pseudo-expiring contract, with only $3.87MM of his $15.68MM salary for 2019/20 guaranteed, his $14.72MM cap hit for this season – and the fact that he hasn’t played in an NBA game since mid-November – will be a tough sell. It wouldn’t be a surprise if Smith ultimately ends up on the buyout market after the deadline.

Here’s more from around the Eastern Conference:

We’ve heard that the Pacers might be willing to move Cory Joseph and Darren Collison, but it’s their other point guard – rookie Aaron Holiday – who has been a popular target for teams making inquiries, writes J. Michael of The Indianapolis Star. Although Indiana initially took those calls, the club has now pulled Holiday off the table and has no plans to deal him this week, a source tells Michael.
While the Hornets remain in the mix for Marc Gasol, they’re also still on the lookout for a potential landing spot for Frank Kaminsky, independent of a Gasol deal, tweets Sporting News’ Sean Deveney. Kaminsky, who has played just 41 minutes in Charlotte’s last 23 games, would presumably welcome a change of scenery.
Despite some rumors this week involving the Raptors, Mike Conley, and Kyle Lowry, there’s currently no traction on a Toronto deal that would include those players, tweets Michael Grange of Sportsnet.ca.
The Magic and the Bulls are among the clubs that have expressed some level of interest in Clippers point guard Milos Teodosic, according to Orazio Cauchi of Sportando, who hears that a Teodosic trade is still possible. As we heard earlier in the season, the former EuroLeague star also continues to draw plenty of interest from international teams, Cauchi notes.

Forbes Releases 2019 NBA Franchise Valuations

February 6th, 2019 at 1:03pm CST by Luke Adams

A year ago, when Forbes released its annual NBA franchise valuations, the Knicks were reeling from the news that Kristaps Porzingis has suffered a torn ACL, but still earned the top spot on Forbes’ list of the league’s most valuable teams.

This time around, Knicks fans are reeling from the trade that sent Porzingis to Dallas. Once again though, the franchise is still considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen and Mike Ozanian of Forbes.

For the first time, all 30 NBA teams have a perceived worth of $1.2 billion or more, per Forbes’ annual report. While all 30 teams’ valuations cracked the $1 billion threshold for the first time last year, 10 franchises were below $1.2 billion.

The league-wide average of $1.9 billion per team in 2019 is also a new record, with franchise valuations up 13% in total over last year’s figures. NBA franchise values have once again tripled over the last five years, according to Badenhausen and Ozanian.

Here’s the full list of NBA franchise valuations, per Forbes:

New York Knicks: $4 billion
Los Angeles Lakers: $3.7 billion
Golden State Warriors: $3.5 billion
Chicago Bulls: $2.9 billion
Boston Celtics: $2.8 billion
Brooklyn Nets: $2.35 billion
Houston Rockets: $2.3 billion
Dallas Mavericks: $2.25 billion
Los Angeles Clippers: $2.2 billion
Miami Heat: $1.75 billion
Toronto Raptors: $1.675 billion
Philadelphia 76ers: $1.65 billion
San Antonio Spurs: $1.625 billion
Portland Trail Blazers: $1.6 billion
Sacramento Kings: $1.575 billion
Washington Wizards: $1.55 billion
Phoenix Suns: $1.5 billion
Oklahoma City Thunder: $1.475 billion
Utah Jazz: $1.425 billion
Indiana Pacers: $1.4 billion
Denver Nuggets: $1.375 billion
Milwaukee Bucks: $1.35 billion
Orlando Magic: $1.325 billion
Atlanta Hawks: $1.3 billion
Cleveland Cavaliers: $1.275 billion
Detroit Pistons: $1.27 billion
Minnesota Timberwolves: $1.26 billion
Charlotte Hornets: $1.25 billion
New Orleans Pelicans: $1.22 billion
Memphis Grizzlies: $1.2 billion

The Sixers are this year’s big riser, moving from 21st on the 2018 list to 12th in 2019. Conversely, the Cavaliers fell the most. After losing LeBron James, Cleveland was the only franchise to see its valuation dip from year to year, as it decreased from $1.325 billion (15th) in 2018 to $1.275 billion (25th) in 2019.

Rockets, Cavs Remain Engaged On Alec Burks

February 6th, 2019 at 11:43am CST by Luke Adams

As of Tuesday night, the Rockets and Cavaliers remained engaged in trade discussions involving Cleveland guard Alec Burks, according to Jason Lloyd of The Athletic. The hypothetical deal would send Brandon Knight and a first-round pick to the Cavs, Lloyd notes.

ESPN’s Zach Lowe reported last week that Houston and Cleveland had talked about a trade involving Burks, Knight, and a first-rounder, but suggested at the time that those discussions had “quieted.” Based on Lloyd’s account, it sounds like neither club has closed the door on a deal quite yet.

Burks, 27, has enjoyed a solid bounce-back season after being traded from Utah to Cleveland earlier this season. In 34 games (28 starts) as a Cavalier, the former 12th overall pick – who will be an unrestricted free agent at season’s end – has averaged 11.6 PPG, 5.5 RPG, and 2.9 APG on .400/.378/.806 shooting.

Trading for Burks would cost the Rockets their 2019 first-round pick, but it would create extra financial breathing room for 2019/20 by clearing Knight’s salary. Houston will have ongoing tax concerns moving forward and would like to move Knight’s contract if possible.

The Cavs, having already traded Kyle Korver, George Hill, and Rodney Hood, are looking to get what they can for their veteran assets, but a Burks trade wouldn’t be popular in the locker room, Lloyd writes. According to Lloyd, Burks has “built up equity” among Cleveland’s veterans since arriving from Utah and some would like to see him stick around long-term, though that appears unlikely.

As Kevin O’Connor of The Ringer reiterated earlier today, the Rockets are also dangling Knight, a first-round pick, and Marquese Chriss in talks with the Grizzlies, presumably for JaMychal Green and Garrett Temple. If Houston prefers that potential deal with Memphis, perhaps the club views a Burks acquisition as a Plan B.

The Thunder are also said to have interest in Burks, per O’Connor.

O’Connor’s Latest: Gasol, Conley, OKC, Prince, More

February 6th, 2019 at 11:16am CST by Luke Adams

As we relayed earlier today, Kevin O’Connor of The Ringer hears that the Hornets‘ offer for Grizzlies center Marc Gasol is Bismack Biyombo, Michael Kidd-Gilchrist, and a protected first-round pick. That would be an underwhelming return for Gasol, but there hasn’t been much league-wide interest in the 34-year-old, O’Connor writes.

The Kings and Pistons were among the teams potentially in the mix for Gasol, according to O’Connor, but Memphis didn’t have any interest in Detroit center Andre Drummond and Sacramento was unwilling to part with promising young wing Bogdan Bogdanovic, whom the Grizzlies wanted.

The Raptors reportedly explored a potential Gasol deal, initially attempting to come up with an individual trade for one Grizzlies veteran before turning it into a package for both Gasol and Mike Conley, O’Connor writes. However, those talks didn’t advance and league sources tell The Ringer that it’s unlikely Toronto ends up with Gasol or Conley.

Elsewhere on the Conley front, the Jazz continue to make a strong push, with an offer that includes Ricky Rubio, Derrick Favors, and a first-round pick, per O’Connor. The sense around the NBA is that the Grizzlies won’t settle for a modest return for Conley, which is something we heard in relation to the Pistons’ offer earlier today.

O’Connor’s latest piece for The Ringer features several more trade-related tidbits, so we’ll round them up here…

The Thunder are believed to be among the teams with interest in Cavaliers guard Alec Burks, league sources tell O’Connor. However, Burks wouldn’t fit into OKC’s $10.88MM trade exception. The Thunder, along with the Sixers and Trail Blazers, have expressed interest in Hawks wing Taurean Prince, O’Connor adds.
Following up on his report from last week about the Rockets and Grizzlies discussing a Brandon Knight trade, O’Connor suggests that Marquese Chriss and a first-round pick would also go to Memphis in that proposed deal. Houston would be targeting JaMychal Green and Garrett Temple in the swap, though it remains in the discussion stage for now.
The Kings have made calls about veteran forwards Harrison Barnes (Mavericks) and Otto Porter (Wizards) but have found no traction on a Porter deal, writes O’Connor.
While DeAndre Jordan looks like an obvious trade candidate, it wouldn’t be a major surprise if the Knicks keep him around as a potential recruiter for Kevin Durant, according to O’Connor, who notes that Durant and Jordan are good friends. Stefan Bondy of The New York Daily News wrote about this subject on Tuesday.
League sources don’t expect the Celtics to do anything at the deadline with Terry Rozier, since he could serve as potential Kyrie Irving insurance or a sign-and-trade sweetener for Anthony Davis in the offseason, says O’Connor.
According to O’Connor, the Pacers remain open to moving one of their two veteran point guards, Cory Joseph or Darren Collison. Both players are on expiring contracts.

Cavs Trade Rodney Hood To Blazers For Stauskas, Baldwin, Picks

February 4th, 2019 at 9:37am CST by JD Shaw

FEBRUARY 4: The trade is now official, according to press releases issued by the Blazers and Cavs. According to Cleveland’s announcement, the two picks included in the deal are Portland’s own 2021 and 2023 second-rounders. The Cavs also confirmed they waived Simmons from his 10-day contract to clear the necessary roster spot.

“Rodney is an accomplished NBA player that brings versatility, shot making and depth to our perimeter and will fit seamlessly into our culture and style of play,” Blazers president of basketball operations Neil Olshey said in a statement.

FEBRUARY 3: The Cavaliers are trading guard Rodney Hood to the Trail Blazers for Nik Stauskas, Wade Baldwin and two future second-round picks, Adrian Wojnarowski of ESPN reports.

The Cavs must release one player to make the trade work, with 10-day contract guard Kobi Simmons being a potential candidate. Cleveland will continue to explore the market for Alec Burks, who could be on deck for a trade, Wojnarowski adds. J.R. Smith also remains on the roster several weeks after he and the team mutually agreed to part ways.

Hood, 26, had to approve of the trade because he signed a one-year qualifying offer last offseason, as noted by Wojnarowski. He was enthusiastic enough about joining the Blazers to waive his Bird Rights, now focused on helping Portland advance as the postseason nears.

For Portland, Hood is expected to provide bench scoring behind the likes of Damian Lillard and CJ McCollum, currently holding per-game averages of 12.2 points, 2.5 rebounds and two assists. He’ll be a free agent on July 1. The Blazers (fourth in the West at 32-20) also freed up a roster spot with the agreement.

Stauskas and Baldwin join the Cavaliers as two younger guards who will enter unrestricted free agency this July. Baldwin struggled shooting the ball (30% from the floor and 22% from 3-point range) in limited minutes with the Blazers this year, while Stauskas has shot a career-best 42% from the floor and pedestrian 34% from deep on the season.

With the trade, Cleveland has essentially turned Hood, Kyle Korver, George Hill and Sam Dekker into one first-round pick and six second-round picks for the future, ESPN’s Bobby Marks tweets. The first round pick is protected in 2021.

The NBA’s annual trading deadline falls on Thursday, February 7 this year. Today’s deal between the Cavaliers and Blazers is the 10th different trade of the 2018/19 season.

Photo courtesy of USA Today Sports Images.

Kevin Love Nears Return; David Nwaba Suffers Setback

February 3rd, 2019 at 5:26pm CST by Austin Kent

For the first time in over three months, Cavaliers forward Kevin Love is taking part in 5-on-5 contact practices, Chris Fedor of Cleveland.com writes. Love’s last taste of action was on Oct. 24, prior to undergoing surgery to repair a toe injury. Guard David Nwaba, who has missed 18 games of his own, did not fare as well in the practice — the Cavs have pulled back somewhat on his rehab process.

NBA G League Assignments/Recalls: 2/2/19

February 2nd, 2019 at 8:45pm CST by Arthur Hill

Here are Saturday’s assignments and recalls from around the NBA G League:

The Wizards recalled Troy Brown Jr. and John Jenkins from their Capital City affiliate, the team announced on Twitter. Brown, Washington’s first-round pick in 2018, has appeared in 28 games for the Wizards, while Jenkins, who signed a 10-day contract on Thursday, hasn’t been in the NBA for more than two years.
The Cavaliers recalled Kobi Simmons from the Canton Charge, the team posted on its website. Simmons, who is on his second 10-day contract with the Cavs, played in Canton’s game this afternoon against Windy City. His is averaging 16.6 points, 3.9 rebounds and 3.6 assists in 32 G League games.
The Spurs recalled Chimezie Metu from Austin in time for tonight’s game, the team announced in a press release. The rookie forward has played 21 games for San Antonio and 18 in the G League.

Lowe’s Latest: Rockets, Prince, Blazers, Heat

February 2nd, 2019 at 3:52pm CST by ChrisCrouse

The Rockets and Cavaliers had discussions about sending Brandon Knight to Cleveland along with a first-round pick in exchange for Alec Burks. However, Zach Lowe of ESPN.com hears that those talks have ceased. Houston has also spoken with the Grizzlies about potential Knight deals.

Cleveland is selling Burks, Rodney Hood, and any other “indispensable asset” prior to the deadline, Lowe writes. The team is willing to take back future salary in exchange for picks.

Houston is expected to scour the market for deals leading up to the deadline with an eye on attaching a future first-rounder to Knight and Marquese Chriss. The Rockets would likely push for lottery protections on any picks that would convey past James Harden‘s prime.

Lowe’s latest piece contains trade nuggets from several teams in the league and we’ve already passed along news from the Grizzlies’ Mike Conley and Marc Gasol sweepstakes as well as the Magic’s pre-deadline plan. Here are the rest of the newsworthy notes from the ESPN piece:

The Hawks have made Taurean Prince available in trade talks, sources tell Lowe. Atlanta hasn’t received a ton of traction on Prince deals because of its asking price. The organization wants a young prospect and a pick in exchange for the small forward.
The Blazers have put their first-rounder on the table in trade talks, sources tell Lowe. Portland has reached out about Otto Porter Jr.‘s availability, though Wizards owner Ted Leonsis previously announced that the team would not be trading Porter before the deadline.
Porter has drawn interest from several teams. In addition to the Blazers, the Mavericks and Jazz have kept an eye on the situation. Dallas was interested in swapping Harrison Barnes for Porter prior to the Kristaps Porzingis trade.
Miami appears to be willing to move anyone but Justise Winslow, Josh Richardson and Bam Adebayo for cap relief. Lowe expects the Heat to try to get at least a second-round pick for Wayne Ellington.
Lowe confirms a previous report that JaMychal Green, Justin Holiday, and Garrett Temple are all available. Holiday, who was acquired from the Bulls earlier this year, cost the Grizzlies two second-round picks.
The Kings have approximately $11MM in cap space available and they want to use it to pick up an asset. Lowe writes that it could be a draft pick or a player who will help them win this season.
Sacramento is willing to engage in trade talks about Willie Cauley-Stein, who will be a restricted free agent this summer. The Kings may simply let the center walk should he receive too high of an offer this offseason.
The Bulls are expected to listen to offers for anyone but Lauri Markkanen and Wendell Carter. Lowe doesn’t expect Chicago to deal either Kris Dunn or Zach LaVine though, as the team’s asking price is anticipated to be too high.
The Nuggets own a pair of trade exceptions and have slightly less than $7MM in breathing room under the tax. They are open to taking on a salary dump if another team calls and has to shed a player in that price range.

Free Agent Stock Watch 2019: Central Division

February 1st, 2019 at 9:56pm CST by Dana Gauruder

Every week, Hoops Rumors takes a closer look at players who will be free agents or could become free agents next offseason. We examine if their stock is rising or falling due to performance and other factors. This week, we turn our attention to the Central Division:

Bobby Portis, Bulls, 23, PF (Up) – Signed to a four-year, $6.85MM deal in 2015
Portis turned down a contract extension to give himself a chance to shop his services this summer. Portis has battled a variety of injuries but has finally settled in since the New Year. He erupted for 26 points in 24 minutes in a victory over Miami on Wednesday. Portis is foul prone but can gather rebounds in bunches and is shooting 42.5% from long range since returning to the rotation. He’ll be a restricted free agent if Chicago extends a qualifying offer but Portis’ youth and production could land him an offer sheet once the bigger names are off the board.

Alec Burks, Cavaliers, 27, SG (Up) – Signed to a four-year, $42MM deal in 2015
Burks was acquired from Utah in December because of his $11.5MM expiring contract, but he’s playing regularly and showing off his versatility. Cleveland is using him in more of a playmaking role than he had with the Jazz and he recorded nine assists in a win over Washington on Tuesday. He’s also been shooting it well (45.8% from long range) and contributing on the boards (5.5 RPG) since the New Year began. Burks could be traded again before the February 7th deadline.

Stanley Johnson, Pistons, 22, SF (Down) – Signed to a four-year, $12.8MM deal in 2015
Johnson got a fresh start after two disappointing seasons due to a coaching change. However, Johnson hasn’t been any better under Dwane Casey than he was with Stan Van Gundy. He’s shooting 26.8% from the 3-point line and doesn’t finish his drives with any consistency. Johnson can be a hard-nose defender but much more was expected from a lottery pick who departed Arizona after one season. Johnson could be a restricted free agent if the Pistons extend a $5.3MM qualifying offer, but there’s an increasing possibility the franchise will let him walk.

Brook Lopez, Bucks, 30, C (Up) — Signed to a one-year, $3.38MM deal in 2018
Lopez’s game has changed dramatically since he entered the league. He does two things very well — stretch defenses with his 3-point prowess and block shots. He delivered both at high levels in January. Lopez shot 48.1% from long range and averaged 2.6 BPG, including a trio of contests in which he swatted five or more shots. Lopez fits well into Milwaukee’s scheme, providing solid production at a bargain basement rate. He should be able to land a bigger contract this summer.

Bojan Bogdanovic, Pacers, 29 (Up)– Signed to a two-year, $21MM deal in 2017
Bogdanovic has steadily increased his production during his five NBA seasons and he’s picking a good time to have a career year. Bogdanovic is averaging career highs in points, rebounds, assists, field goal percentage, 3-point percentage and steals. The Pacers will rely on his marksmanship even more with Victor Oladipo out for the season. A wing player that can knock down 40% of his threes is bound to grab plenty of attention this summer.

Photo courtesy of USA Today Sports Images.