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Cavs, Lakers, Knicks Officially Complete Rajon Rondo Trade

January 3rd, 2022 at 12:08pm CST by Luke Adams

The Cavaliers, Lakers, and Knicks have officially completed the trade sending Rajon Rondo to Cleveland, the teams announced today in a series of press releases. The deal, which was first reported las Thursday and was expanded today to include New York, breaks down as follows:

  • Cavaliers acquire Rondo (from Lakers).
  • Knicks acquire Denzel Valentine (from Cavaliers), the draft rights to Wang Zhelin (from Lakers), the draft rights to Brad Newley (from Lakers), and $1.1MM in cash (from Lakers).
  • Lakers acquire the draft rights to Louis Labeyrie (from Knicks).

It’s a straightforward swap from Cleveland’s perspective — the Cavaliers simply acquired Rondo in exchange for Valentine. Both players are on minimum-salary contracts, but Rondo’s deal is guaranteed (Valentine’s isn’t) and he fills a greater need for a Cavs team that just lost veteran point guard Ricky Rubio for the season due to a torn ACL.

The Knicks waived Wayne Selden in order to make room on the 15-man room roster for Valentine. Both players are on non-guaranteed contracts, so if New York also cuts Valentine, the amount of money the team ended up paying to Selden and Valentine would work out to just over $800K, which is less than the $1.1MM in cash acquired from L.A.

The Knicks could also hang onto Valentine if they so choose, but that’s reportedly considered unlikely. Waiving him would open up the club’s 15th roster spot.

The Lakers, meanwhile, essentially decided to move on from Rondo and pay the Knicks a little money in order to reduce their end-of-season luxury tax bill and open up a roster spot. The exact amount of money Los Angeles saves will depend on how quickly that roster opening is filled, but the savings will exceed the $1.1MM the club sent to the Knicks. Stanley Johnson, who has played well on a 10-day contract, is a good candidate to become the team’s new 15th man.

The Lakers and Cavaliers will both create small traded player exceptions in the deal. L.A.’s will be worth about $1.67MM, while Cleveland’s will be worth approximately $858K.

This is the NBA’s first trade since October 6.

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Cavs’ Rondo Acquisition Now Three-Team Trade Involving Knicks

January 3rd, 2022 at 10:29am CST by Luke Adams

10:29am: Along with Valentine, the Knicks are acquiring $1.1MM in cash in the deal, according to ESPN’s Adrian Wojnarowski (Twitter links), who says New York will give up the draft rights to Louis Labeyrie and will acquire the draft rights to two other players, though none of them are expected to ever play in the NBA.

While we still need some gaps filled in here, I suspect it’s the Lakers – not the Cavs – sending the cash to New York and acquiring Labeyrie’s rights.

New York will decide soon on whether to waive Valentine or have him remain on the roster, Woj adds. As noted below, the Knicks will have to cut a player – likely Selden – in order to complete the deal.

10:20am: The trade sending Rajon Rondo from the Lakers to the Cavaliers, which hasn’t yet been officially finalized, is being expanded to include a third team, reports Shams Charania of The Athletic (Twitter link). According to Charania, the Cavs will send Denzel Valentine to the Knicks rather than to the Lakers.

With Rondo going from Los Angeles to Cleveland and Valentine headed from Cleveland to New York, the Knicks will presumably need to send something to the Lakers to complete the deal.

The Lakers may also send a small extra asset to New York to incentivize the Knicks to take on Valentine, whom L.A. reportedly intended to waive. If the Lakers don’t have to acquire a player in the three-team swap, their tax savings will be greater than if they’d cut Valentine and been on the hook for his partially guaranteed cap hit.

Meanwhile, if the Knicks aren’t sending a player out in the deal, they’ll have to waive someone in order to acquire Valentine, whether or not they plan to keep him. Wayne Selden, whose salary isn’t fully guaranteed, is New York’s most likely candidate to be cut.

With a number of details still unclear, we’ll await more info for further clarity. But it sounds like the trade could be officially completed as soon as today.

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COVID-19 Updates: Sixers, Celtics, Rondo, Blazers, More

January 3rd, 2022 at 8:28am CST by Luke Adams

Sixers wing Danny Green cleared the NBA’s health and safety protocols on Sunday, tweets Keith Pompey of The Philadelphia Inquirer. However, Jaden Springer and Matisse Thybulle are both in the protocols now, joining two-way player Myles Powell.

In the latest injury report for the Sixers’ Monday game vs. Houston, Powell and Springer are both listed as out, while Thybulle is considered questionable. That suggests that the team is likely waiting for the results of Thybulle’s latest COVID-19 test before determining whether or not he’ll be available.

Here are more protocol-related updates from around the NBA:

  • Dennis Schröder and Bruno Fernando returned to action for the Celtics on Sunday after a stint in the health and safety protocols. Jayson Tatum has exited the protocols, but remained sidelined for Sunday’s game — he’s expected to return on Wednesday, tweets Gary Washburn of The Boston Globe.
  • On the Lakers‘ Sunday injury report, Rajon Rondo was listed as out due to return to competition reconditioning. Rondo had been in the COVID-19 protocols since December 26, which presumably delayed the official completion of the trade sending him to Cleveland. Now that he has cleared the protocols, the Cavaliers and Lakers should soon officially announce that deal.
  • Robert Covington, Trendon Watford, and Keljin Blevins are no longer in the health and safety protocols for the Trail Blazers, per the injury report.
  • Knicks center Jericho Sims remained out of action on Sunday, but he was listed on the injury report as taking part in return to competition conditioning, so he has exited the protocols.
  • McKinley Wright (Timberwolves), Jarrett Culver (Grizzlies), and Jay Scrubb (Clippers) are among the other players who have recently cleared the COVID-19 protocols, according to the league’s injury report.
  • Our full health and safety protocols tracker can be found right here.
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Rondo Trade Notes: Grades, Finances, More Details

December 31st, 2021 at 10:03pm CST by Rory Maher

The Cavaliers are set to acquire Rajon Rondo from the Lakers in exchange for Denzel Valentine, which will mark the first trade of the 2021/22 regular season. Valentine, who’s on a partially guaranteed contract, is expected to be waived by Los Angeles.

According to Adrian Wojnarowski of ESPN (via Twitter), Rondo is enthusiastic about the opportunity to play more minutes with the young Cavs and was happy to learn of the trade after the Lakers informed him that it was a possibility.

Here are some more details on the transaction, which has yet to be officially completed:

  • In an Insider article for ESPN-plus, Kevin Pelton grades the trade for both teams. He likes the Lakers’ side of things more and isn’t optimistic about Rondo’s performance for the remainder of the regular season.
  • John Hollinger of The Athletic, however, thinks it’s a deal that makes sense for both the Cavs and the Lakers. Hollinger notes that Cleveland is desperate for another ball-handler after season-ending injuries to Ricky Rubio and Collin Sexton, and with Darius Garland and Cedi Osman still in the health and safety protocols. With Rondo as a short-term solution, the Cavs will buy themselves some time to remain in the playoff hunt, but Hollinger thinks they’ll still be active on the trade market in search for more backcourt help. The Lakers, meanwhile, save approximately $3.1MM in luxury tax payments and free up a roster spot, presumably to sign Stanley Johnson.
  • Bobby Marks of ESPN provides a video breakdown of his thoughts on the trade. Like Hollinger, Marks thinks the deal is a win-win for both teams, with the Lakers saving money and opening a roster spot, and Rondo providing leadership and high basketball IQ to the Cavs. He views it as a no-risk deal for Cleveland.
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Cavaliers Sign Brandon Goodwin To 10-Day Deal

December 31st, 2021 at 2:32pm CST by Luke Adams

2:32pm: In their press release confirming the Goodwin signing, the Cavaliers announced that they terminated Scott’s 10-day contract one day early.

11:12am: The Cavaliers have signed guard Brandon Goodwin to a 10-day contract, according to NBA.com’s official transactions log. The deal will run through January 9, covering Cleveland’s next five games.

Goodwin, 26, has appeared in 97 NBA games since 2018 for Denver and Atlanta, averaging 4.7 PPG and 1.6 APG in 97 games (11.4 MPG). He had been playing for the Westchester Knicks in the G League this season, putting up 15.3 PPG, 7.0 APG, 5.1 RPG, and 1.9 SPG in seven contests (35.1 MPG) for New York’s affiliate.

The Raptors reportedly reached a deal earlier in the month to sign Goodwin, but it was never formally completed. It appeared that Goodwin didn’t pass the COVID-19 screening process at the time. However, if he did test positive for the coronavirus, he has since been cleared.

As of Thursday, the Cavaliers only had two players left in the health and safety protocols: Darius Garland and Cedi Osman. Cleveland already has two hardship additions – Tre Scott and Malik Newman – on its roster, so the signing of Goodwin means the team either ended one of those deals early or has at least one more player entering the protocols today. Scott’s 10-day deal is set to expire after tonight’s game.

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Cavaliers To Acquire Rajon Rondo From Lakers

December 31st, 2021 at 11:17am CST by Rory Maher

DECEMBER 31, 11:17am: There are no other assets such as draft picks or cash included in the trade, according to John Hollinger of The Athletic (Twitter link), who says it’s a straight swap: Rondo for Valentine.

Bobby Marks of ESPN (Twitter link) provides some financial details on the deal, noting that each team will generate a small traded player exception.

DECEMBER 31, 10:08am: The Lakers will trade Rondo to the Cavaliers, according to Charania (via Twitter).

Sources tell Wojnarowski that Cleveland will send Denzel Valentine to Los Angeles in the deal. The Lakers are expected to waive Valentine, who has a partially guaranteed contract, Woj adds. That would open up a spot on L.A.’s 15-man roster and could save the team some money, depending on how long that roster spot remains open.

So far, there’s no indication that any other assets are involved in the swap, but it’s not yet official, so more details could trickle in.

DECEMBER 30, 5:30pm: The Cavaliers are in serious discussions with the Lakers to acquire point guard Rajon Rondo, Shams Charania of The Athletic reports (via Twitter). ESPN’s Adrian Wojnarowski tweets that the deal is expected to be completed as soon as Friday.

Cleveland lost Ricky Rubio to a season-ending torn left ACL on Wednesday and is seeking point depth in the veteran Rondo, who’s currently sidelined due to COVID-19 health and safety protocols.

In 18 games this season (16.1 MPG), the 35-year-old Rondo is averaging 3.1 PPG, 2.7 RPG, and 3.7 APG. The four-time All-Star and two-time NBA champion has seen his minutes and games played reduced in recent years, but he’s known for turning things up a notch in the playoffs. Given the Cavs’ lack of guard depth, acquiring Rondo could be a decent move, as Darius Garland has shown he can play well with other strong passers like Rubio.

Kevin Pangos, the only other point guard on Cleveland’s roster, will get his first career start Thursday against the Wizards, per Chris Fedor of Cleveland.com (Twitter link). Garland is currently sidelined in the protocols, leading to a big opportunity for Pangos. He was one of the better players in Europe over the past handful of years, so it will be interesting to monitor how he performs in his first prime-time action.

It’s not yet known what other pieces may be included in a Rondo deal, but a player technically isn’t required in return, since the point guard is on a one-year veteran’s minimum contract, tweets Bobby Marks of ESPN.

Lamar Stevens, Dean Wade and Ed Davis are all on non-guaranteed deals for the Cavaliers, while Denzel Valentine‘s contract is partially guaranteed at $500K (he’s already earned more than that by sticking with the team this long). Of the four players, I believe Valentine or Davis are the most likely to be traded/waived, as Wade and Stevens are both younger players the Cavs have developed over time.

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COVID-19 Updates: Wizards, Trail Blazers, Heat, Rockets, Sixers, I. Thomas, More

December 30th, 2021 at 8:22pm CST by Rory Maher

The league continues to be battered by players entering and exiting the health and safety protocols. If any of the players entering the protocols registered a confirmed positive COVID-19 test, they’ll remain sidelined for at least six days or until they can return two consecutive negative tests at least 24 hours apart.

Here are the latest updates from around the NBA:

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Three Cavs Out Of Protocols

December 30th, 2021 at 9:38am CST by Luke Adams
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Cavaliers’ Ricky Rubio Out For Season With Torn ACL

December 29th, 2021 at 4:34pm CST by Rory Maher

Cavaliers guard Ricky Rubio has suffered a torn ACL in his left knee and will miss the remainder of the 2021/22 season, the team announced (Twitter link). Rubio suffered the same injury to the same knee as a rookie in 2012.

It’s terrible news for both player and team, as Rubio will be an unrestricted free agent in the summer of 2022, and Cleveland had already lost starting guard Collin Sexton for the season to a torn meniscus which required surgery. ACL tears typically have a recovery timeline of about 12 months, so Rubio might not return to the court again until 2023.

The 31-year-old point guard has been instrumental to the Cavaliers’ surprising 20-14 start to the season; they are currently fifth in the East after winning just 22 games last season. Rubio appeared in all 34 of the team’s games to this point, averaging 13.1 points, 4.1 rebounds, 6.6 assists and 1.4 steals in 28.5 MPG.

His shooting slash line of .363/.339/.854 isn’t great, but he has been a locker-room leader, mentor, clutch shot-maker and defensive presence for the young Cavs. He’s currently 10th in the league in defensive win shares, per Basketball-Reference.

As ESPN’s Bobby Marks relays (via Twitter), the Cavs could receive a disabled player exception worth $8.9MM if they choose to apply for it by January 15. However, the Cavs are currently only $3.1MM below the luxury tax threshold and already have a full roster, so they might not end up using it even if they receive it, which they almost certainly would.

Cleveland’s guard depth will be tested with Rubio and Sexton out for the season; rising star Darius Garland is also out for the short term, in the league’s health and safety protocols. Little-used backup Kevin Pangos and rookie two-way player RJ Nembhard could see an uptick in minutes with the three players sidelined. It wouldn’t be surprising to see the Cavs target guards in trades, either.

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Cavaliers Sign Malik Newman To 10-Day Contract

December 29th, 2021 at 10:14am CST by Alex Kirschenbaum

DECEMBER 29: Newman’s 10-day deal is now official, according to NBA.com’s transactions log. It’ll run through January 7, covering Cleveland’s next five games.

DECEMBER 28: The Cavaliers will add 6’3″ shooting guard Malik Newman to a 10-day contract using a hardship exception, per Shams Charania of The Athletic (via Twitter).

As Charania notes, Newman had most recently been playing for the Cavaliers’ NBAGL affiliate club, the Cleveland Charge. The 24-year-old out of Kansas has averaged 17.8 PPG, 3.8 APG, and 3.2 RPG on .473/.423/.789 shooting in 13 games (27.2 MPG) for the Charge this season. He has played in exactly one NBA game, for the Cavaliers, during the 2019/20 season.

Cleveland has six players in the NBA’s health and safety protocols as of this writing, including star guard Darius Garland and little-used reserve Dylan Windler. Guard Collin Sexton is also out for the season after having surgery to repair a torn meniscus in his left knee. Jarrett Allen, Ed Davis, Cedi Osman and Lamar Stevens round out the club’s COVID-19 absences.

Newman will be the Cavs’ fourth hardship addition, joining Luke Kornet, Justin Anderson, and Tre Scott.

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