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Bulls Surrendered Potential Trade Chip By Waiving Asik

October 24th, 2018 at 4:00pm CST by Luke Adams

Veteran center Omer Asik, acquired in last season’s Nikola Mirotic with the Pelicans as a salary-matching piece, was unlikely to play at all this season for the Bulls. Still, Chicago’s decision to release him over the weekend in order to sign Shaquille Harrison was “stunning” to Eric Pincus of Basketball Insiders (Twitter link), who referred to Asik’s contract one of the best trade pieces in the league.

[RELATED: Bulls sign Shaquille Harrison, cut Omer Asik]

Of course, Asik didn’t have trade value in the way that star players have trade value, but his contract was an intriguing potential trade chip for a couple reasons: It was signed under the league’s previous Collective Bargaining Agreement, and he was owed a partial guarantee of just $3MM on his $11.98MM salary for 2019/20.

Under the league’s new CBA, a team trading a player with an $11.98MM salary with a $3MM partial guarantee would only get to count that contract for $3MM for salary-matching purposes, limiting its appeal in a potential deal. However, if that same contract was signed under the old CBA – like Asik’s – it counts for its full $11.98MM for salary-matching purposes. That would have made it appealing to teams looking to cut costs during the summer of 2019.

For instance, let’s say that the Knicks wanted to make a run at Kevin Durant in the summer of 2019 and needed to move as much salary as possible to clear a maximum-salary slot. Cap rules would have allowed Chicago and New York to swap Courtney Lee (who has a $12.76MM salary for 2019/20) straight up for Asik. The Knicks then could’ve waived Asik, stretching his $3MM partial guarantee across three years and leaving just $1MM on their cap.

The Bulls might not have wanted Lee, and more parts may have been required to make such a deal acceptable for both sides, but that’s just one example of how Asik’s modest partial guarantee – and his old contract – provided some value. That $11.98MM cap hit could be useful for salary matching in all variations of trades and wasn’t a negative asset since it wasn’t guaranteed.

By comparison, a player like Avery Bradley has a contract structure similar to Asik’s for next season ($2MM partial guarantee on a $12.96MM salary), but signed his deal under the league’s current CBA. If the Clippers wanted to trade Bradley after the season, he’d only count for $2MM for salary-matching purposes rather than $12.96MM, making a deal tricky.

It’s possible that Chicago wouldn’t have found any use for Asik on the trade market next summer, especially since the team may be far enough below the cap to take on contracts in trades without matching salaries. Harrison will also certainly help the club more in the short term, and the Bulls may eventually be able to remove Asik’s contract from their cap altogether if he’s deemed medically ineligible to continue his career. Still, it’s somewhat surprising that the team didn’t wait a little longer before deciding to cut bait on him.

With Asik no longer under contract, there are just two notable players who signed contracts under the old CBA and have partial guarantees for next season — one is Cavaliers guard J.R. Smith ($3.87MM guarantee on $15.86MM salary) and the other is Suns forward Ryan Anderson ($15.64MM guarantee on $21.26MM salary). If either of those players is dealt during the summer of 2019, he’d count for his full salary for trade purposes, rather than just his guarantee amount.

Photo courtesy of USA Today Sports Images.

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2019/20 Rookie Option Decisions Due In One Week

October 24th, 2018 at 10:00am CST by Luke Adams

Unlike player and team options on veteran contracts, which generally have to be exercised or declined by the end of June, rookie scale contracts include third- and fourth-year options that teams must decide on a year early. The deadline for those decisions is October 31, which means that clubs have one more week to pick up or turn down those rookie scale options for the 2019/20 season.

While several teams have already announced their rookie scale option decisions for 2019/20, there are 14 clubs that will need to decide one way or the other on those options within the next week.

Below, we’ve listed the outstanding rookie scale option decisions for 2019/20, sorting them by their likelihood of being exercised. The first list features options that are certain to be exercised, such as Ben Simmons‘ or Jayson Tatum‘s. The second list features the rest of the options, which may still be picked up, but aren’t necessarily locks.

Let’s dive in…

Locks to be exercised:

Not necessarily locks to be exercised:

Because rookie scale salaries are typically so affordable, many of the options that we don’t view as locks to be picked up will still be exercised. For instance, even if Labissiere barely has a role in the Kings’ crowded frontcourt at the moment, Sacramento doesn’t have much guaranteed money on its books for 2019/20 and may view a $2,338,847 cap hit for the big man as a worthwhile investment.

Still, many of the players in that second list don’t currently have sizable rotation roles, so teams will have to decide whether it’s worth it to continue trying to develop those players in 2019/20, or if it makes more sense to simply replace them with minimum-salary veterans. That could be an especially tricky question for teams that project to be over the luxury tax line next season — in those cases, every saved dollar matters.

For a full list of the rookie scale options for 2019/20, including the ones that have already been picked up, check out our tracker.

Photo courtesy of USA Today Sports Images.

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Cavs Remain Committed To Winning Despite Rotation Changes

October 23rd, 2018 at 5:34pm CST by ChrisCrouse

The Cavaliers remain committed to winning this season rather than tearing down the team and rebuilding, Joe Vardon of the Athletic reports. The front office doesn’t view Sunday’s blowout loss to the Hawks as a reflection of what to expect going forward with this squad.

Before the 22-point loss, the team owned a record of 0-2 and Kyle Korver, J.R. Smith, and Channing Frye, the team’s three oldest players, were told that they were not going to be in the rotation for the foreseeable future. Coach Tyronn Lue and GM Koby Altman sat with the trio on Saturday—a day before the loss—and explained that Cleveland was going to give its young players the opportunity to showcase their skills. Lue’s rotation was teetering between 11 and 12 players and it needed to be shortened. Frye was already not in the rotation, but Korver and Smith were both set to receive a demotion.

Today, after the 22-point loss, Lue began practice with both Korver and Smith among the team’s top 10 players. Both vets are expected to play on Wednesday against the Nets. Vardon notes that it’s possible Lue made this decision against the front office’s wishes.

The front office is committed to the team’s youth but also pledged to Kevin Love that the organization would not tank, something Love wanted to know before he signed his four-year extension. Love understands the need to develop players for the future, but sees a reason for playing the vets now.

“In our commitment to helping guys grow, the guys who know how to win have to play,” Love told Vardon, in supporting Lue’s latest decision. “I think having Kyle and Channing and J.R., those guys know how to win in this league, and having them will help bring the others along. So they need to play.”

Love feels that younger players may pick up bad habits as a result of not playing alongside veterans. He spoke about how he did just that playing on a young team in Minnesota.

“I had to step into playing so many minutes every single night, and my bad habits had accumulated. I got here and I had to shake a lot of those, learn what it is to sacrifice,” Love said. “In practice time and teaching points and film, all that stuff that goes on away from the games, that’s where I think those guys are gonna grow.”

Lue sees Cleveland’s defensive woes as a communication issue and he said the team’s players either have to “talk or they’ve got to come and sit down [on the bench],” as Chris Fedor of Cleveland.com relays.

“I think the biggest thing is communication,” Lue said. “When you’re switching you have to call the switches out so the man can’t get behind and get dunks and layups and easy shots.”

This is a situation that could fluctuate over the next several weeks. The team can only dress 13 players and on Sunday, David Nwaba was in street clothes while the team’s three oldest players sat on the bench in uniform. A front office executive tells Vardon that Nwaba is unlikely to be out of uniform going forward, so it’s unclear who will be in street clothes when the team plays on Wednesday.

Korver is considered a strong candidate to be moved at some point during the season, though the team has not explored trade opportunities for him since training camp. Vardon adds that if a market developed for Tristan Thompson, the Cavs would likely listen to offers. Cleveland’s payroll sits at approximately $115.7MM, roughly $14MM over the salary cap.

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Community Shootaround: Kevin Love’s Future

October 22nd, 2018 at 7:36pm CST by Dana Gauruder

Well, that didn’t take long.

Kevin Love signed a four-year, $120MM extension this summer, as the Cavaliers made a commitment to winning even with the loss of LeBron James. Love was happy to get long-term security and an expanded role as the team’s primary scorer.

Cleveland’s 0-3 start already has some people thinking that Love may be wearing a different uniform before the end of the season. Tim Bontemps of The Washington Post wrote a column this weekend about this subject, speculating that the franchise may have to finally embrace a rebuilding plan that would include cashing in Love for assets.

Love has held up his end of the bargain, averaging 20.7 PPG and 14.3 RPG, but Cleveland could find itself with some buyer’s remorse. Love will make $28.9MM next season, $31.3MM the following two seasons and $28.9MM in 2022/23 season. With the salary cap projected to rise, a contender may be able to swallow that type of contract if it feels Love could put its franchise over the top.

Love can’t be traded until late January but something could go down by the February 7th trade deadline. Remember, the Clippers dealt Blake Griffin in late January last season to the Pistons after he re-signed with Los Angeles for five years and $171MM in free agency.

That leads us to our question of the day: Do you think the Cavaliers will deal Kevin Love before the trade deadline? If so, which team do you think would be the best fit for him?

Please take to the comments section and weigh in on this topic. We look forward to your input.

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Central Notes: Love, Harrison, Kennard, O’Quinn

October 22nd, 2018 at 10:59am CST by Arthur Hill

The Kevin Love trade watch is already under way in Cleveland, according to Tim Bontemps of The Washington Post. The Cavaliers were hoping to continue their streak of playoff appearances after losing LeBron James, but they haven’t looked like contenders in any way during an 0-3 start, especially in Sunday’s blowout loss to the Hawks.

Love has been among the few bright spots, averaging 20.7 PPG and 14.3 RPG, but at age 30 he seems out of place on a team that may have to get serious about rebuilding. The four-year, $120MM extension he signed this summer may make him more attractive on the trade market, Bontemps suggests, just as a similar deal did for Blake Griffin last summer. Love won’t become trade eligible until late January, and the Cavs could be well out of the postseason race by then

There’s more today from the Central Division:

  • The Bulls have an abundance of point guards after signing Shaquille Harrison over the weekend, notes Sam Smith of NBA.com. Kris Dunn is expected to take over the starting role when he returns from paternity leave tonight, with Harrison and former Suns teammate Tyler Ulis in reserve, along with Cameron Payne and Ryan Arcidiacono. Harrison hopes to use his defensive prowess to help him emerge from the pack. “It’s a great opportunity,” he said. “When I found out, I was extremely excited and ready to get down here and get to work. It was an unfortunate situation in Phoenix, but I’m going to take full advantage of it here in Chicago.”
  • Coach Dwane Casey’s lineup shuffling led to Luke Kennard not playing at all on Saturday after being in the starting lineup for the season opener, writes Rod Beard of The Detroit News. The new Pistons coach is working his way through a crowded rotation and has used point guards Reggie Jackson and Ish Smith at the same time, cutting down on the available wing minutes.
  • Free agent addition Kyle O’Quinn paid early dividends for the Pacers in Saturday’s win over the Nets, states Scott Agness of The Athletic. With Domantas Sabonis ruled out shortly before game time, O’Quinn stepped in with 16 points, eight rebounds and a pair of blocks. “This is what we brought him here for,” coach Nate McMillan said. “… There are going to be nights where we’re going to need him. Domas was out, (Kyle) stepped in and he was ready to go, and played a really, really good game for us.”
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NBA Teams With Open Roster Spots

October 19th, 2018 at 1:57pm CST by Luke Adams

When the Kings sign Troy Williams to a two-way contract after he clears waivers today, as is expected, they’ll become the 16th NBA team to fill all 17 of their available roster spots, with 15 players on standard contracts and two more on two-way pacts.

Still, that will leave nearly half of the league’s teams that will still have at least one opening on their rosters, either on the standard 15-man squad or in their two-way slots.

For many clubs, that decision is primarily financially motivated. Teams like the Warriors, Rockets, Thunder, Raptors, and Wizards all project to have pricey luxury tax bills at season’s end, so there’s no need for them to push those projected penalties higher by carrying an extra player they won’t use.

Other teams may simply prefer to preserve some roster flexibility rather than carrying a full 15-man squad. The Lakers, for instance, aren’t close to the tax line, but have an open roster spot for now. That could allow the team to make a trade or signing later to fortify its roster without costing anyone a job.

Listed below, with the help of our roster counts breakdown, are the teams that aren’t carrying full rosters.

Teams with an open 15-man roster spot:

  • Charlotte Hornets
  • Cleveland Cavaliers
  • Golden State Warriors
  • Houston Rockets
  • Los Angeles Lakers
  • Miami Heat
  • Minnesota Timberwolves
  • Oklahoma City Thunder
  • Toronto Raptors
  • Washington Wizards
    • Note: The Wizards have two open roster spots and will need to fill one of them by October 30.

Teams with an open two-way slot:

  • New Orleans Pelicans
  • Phoenix Suns
  • Portland Trail Blazers
    • Note: The Blazers have two open two-way slots.
  • San Antonio Spurs
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Nance's Extension Was A Challenge

October 17th, 2018 at 11:53am CST by Luke Adams
  • Even though both Larry Nance Jr. and the Cavaliers wanted to complete an extension before Monday’s deadline, negotiations were challenging, according to reports from Joe Vardon of The Athletic and Terry Pluto of Cleveland.com. Agent Mark Bartelstein tells Vardon that he and the Cavs were “still engaged with 10 minutes to spare,” while Pluto writes that Nance had trouble eating and sleeping in the days leading up to the deadline, since he was anxious to get a deal done. The two sides ultimately agreed to a four-year, $44.8MM extension.
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Two Cavs Trade Exceptions Expire

October 16th, 2018 at 1:12pm CST by Luke Adams
  • A pair of Cavaliers trade exceptions expired when they went unused on Monday. The exceptions were modest — one created by trading Richard Jefferson last October was worth $2.5MM, while the other, created by trading Kay Felder, was worth approximately $1.3MM.
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Lowe: Cavs Would've Traded For Kemba If LeBron Committed To Staying

October 16th, 2018 at 9:55am CST by Luke Adams
  • It’s a moot point now, but if LeBron James had committed to staying with the Cavaliers this summer, Cleveland would have sent the No. 8 pick in the draft to the Hornets as part of a trade package for Kemba Walker, according to Lowe.

    [SOURCE LINK]
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Cavs Sign Larry Nance Jr. To Four-Year Extension

October 15th, 2018 at 9:08pm CST by Luke Adams

9:08pm: The signing is official, according to the NBA.com transactions log. The contract is four years and $44.8MM, Joe Vardon of The Athletic tweets. Vardon adds (via Twitter) that the deal will have declining annual salaries, so year one will be worth $12.7MM while the fourth-year salary will be just $9.6MM.

3:55pm: The Cavaliers and Larry Nance Jr. have agreed to a rookie scale contract extension, beating today’s 5:00pm CT deadline, reports Chris Haynes of Yahoo Sports (Twitter link). League sources tell Haynes that Nance’s new deal with Cleveland is worth $45MM over four years.

Nance, 25, was acquired by the Cavs at last season’s trade deadline as part of a deal with the Lakers that also sent Jordan Clarkson to Cleveland. The athletic young big man struggled a little to adjust to his new team, playing just 15.4 minutes per game in the postseason, but he provided the Cavs with the sort of energy and athleticism that their frontcourt had been lacking.

For the season, Nance established new career highs with 8.7 PPG, 6.8 RPG, and a .581 FG%, showing an ability to run the floor, finish at the rim, and guard multiple positions on defense. He appeared to have a noticeable impact on defense — the Cavs had a 102.7 defensive rating during his minutes, compared to a 110.9 mark for the rest of the season.

We heard all the way back in June that there was “mutual interest” between the Cavaliers and Nance in a long-term extension, so he always seemed like one of the likeliest candidates among the players eligible for rookie scale extensions to get a deal done. His connection to Cleveland – where his father played and earned multiple All-Star nods – was likely a factor in those extension talks too.

While an average annual value of $11MM+ may seem steep for Nance, it’s not far off from the rookie scale extensions we’ve seen comparable players sign in recent years. When I previewed Nance’s case for an extension in August, I estimated an annual salary in the $12-12.5MM range on a four-year deal.

Photo courtesy of USA Today Sports Images.

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