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NBA Sets Salary Cap For 2018/19

June 30th, 2018 at 7:26pm CST by Luke Adams

The NBA has set the salary cap for the 2018/19 league year, according to Shams Charania of Yahoo Sports, who reports (via Twitter) that the cap will be $101,869,000. The luxury tax threshold will be $123,733,000, Charania adds. Meanwhile, the minimum salary floor will be $91,682,000, according to the NBA.

The finalized cap figure comes in just slightly higher than what we expected. For virtually the entire 2017/18 league year, the NBA had projected that the cap for next season would be $101MM, with a luxury tax line of $123MM. The official figures are slightly higher than that, which is good news for teams looking to maximize their cap room, as well as clubs headed for tax territory.

As we detailed earlier this week, many other cap figures, including minimum and maximum salaries and several exceptions, are tied to the percentage of the salary cap increase. Here are some in-depth details on those numbers:

Here are a few more key cap-related figures:

Estimated average salary for 2018/19: $8,838,000 (Twitter link via Larry Coon)
Maximum starting salary for certain veteran extensions: $10,605,600 (Twitter link via Jeff Siegel)
Maximum cash a team can send, receive in trades in 2018/19: $5,243,000 (Twitter link via Coon)
Tax apron: $129,817,000 (Twitter link via Coon)

Meanwhile, the NBA has also issued updated cap projections for the next two seasons, per Eric Pincus of Basketball Insiders (Twitter link). Those projections are as follows:

2019/20: $109MM cap, $132MM tax line
2020/21: $116MM cap, $141MM tax line

According to cap expert Larry Coon (Twitter link), the Cavaliers ($50.7MM), Warriors ($32.3MM), Thunder ($25.4MM), and Wizards ($7MM) finished the 2017/18 season as taxpayers, while the Bulls ($3.4MM) and Mavericks ($3.3MM) were charged for finishing below the salary floor.

Pacers May Pursue Doug McDermott, Joe Harris

June 30th, 2018 at 6:31pm CST by Arthur Hill

With Will Barton expected to re-sign in Denver, the Pacers will turn their attention to Doug McDermott and Joe Harris, tweets ESPN’s Adrian Wojnarowski.

McDermott, 26, became a free agent on Wednesday when the Mavericks withdrew their qualifying offer. He split this season between New York and Dallas, playing 26 games for the Mavs after a February trade and averaging 9.0 points per night while shooting 49% from 3-point range.

Harris, also 26, is coming off his best NBA season. He averaged 10.8 points and shot 42% on 3-pointers in 78 games for the Nets.

New York Notes: Randle, Stauskas, Knicks, Turner

June 30th, 2018 at 4:55pm CST by Arthur Hill

The Nets are among the teams interested in signing Lakers forward Julius Randle to an offer sheet, according to an article on NetsDaily. Brooklyn would like to reunite D’Angelo Russell with Randle, who is a close friend and one of the few Lakers who showed support for Russell when Magic Johnson publicly questioned his leadership abilities. They also share the same agent in Aaron Mintz.

A few things will have to break the Nets’ way for them to have a shot at Randle. The Lakers will have to land both LeBron James and Kawhi Leonard, limiting what they would be willing to spend on their restricted free agent, and the Mavericks, who are also known to covet Randle, would have to use most of their cap room to sign DeAndre Jordan.

Even if those dominoes fall into place, the Nets still have to trim some salary to come up with an offer sheet that starts in the $12MM to $15MM range. The article states that sweeteners such as up-front money and trade bonuses could be included to make it more difficult for the Lakers to match. To create cap room, the author adds, the Nets would have to get Dwight Howard to accept a buyout in the next few days and trade either Jeremy Lin or DeMarre Carroll.

There’s more today out of New York:

Even though the Nets decided against a qualifying offer for Nik Stauskas, that doesn’t mean he’ll be in a different uniform next season, writes Brian Lewis of The New York Post. Brooklyn views Stauskas as a lower-cost alternative if Joe Harris leaves in free agency, where he is expected to get a deal three to four times higher than his $1.5MM salary for 2017/18. Mark Bartelstein, who serves as the agent for both players, isn’t sure the decision will come down to one or the other. “We’ll see how things play out over the next two days,” he said. “We’ll be keeping the lines of communication open for the next few days. I know the Nets like Nik a lot. We’ll see how the roster shapes up.”
Pacers center Myles Turner could be the Knicks‘ top free agent target next summer, posts Ian Begley on ESPN Now. Turner will be a restricted free agent if he doesn’t sign an extension with Indiana this summer. His family lives in New York, and he and Kristaps Porzingis are friends. Begley lists Terry Rozier and Malcolm Brogdon as other names to watch in 2019.
James Dolan has denied rumors that he is thinking about putting the Knicks up for sale, tweets Stefan Bondy of The New York Daily News. Madison Square Garden Company released a statement Friday night saying, “There are no plans to sell the Knicks or the Rangers.”

Warriors Interested In Jordan, Mavs Remain Favorites

June 30th, 2018 at 8:50am CST by Dana Gauruder

The Warriors intend to make a run at Clippers center DeAndre Jordan in free agency despite their salary-cap restrictions, Marc Stein of the New York Times tweets.

Jordan would have to accept their $5.3MM taxpayer mid-level exception, a huge drop from the $24.1MM he left on the table when he decided to opt out on Friday. While Jordan’s salary would be modest, such a move would wind up costing the Warriors closer to $27MM due to luxury taxes, Stein notes (Twitter link). Jordan is close friends with Kevin Durant and a former client of Golden State GM Bob Myers.

Dropping Jordan, one of the league’s premier rebounders, into the Warriors’ starting five would complete a star-studded lineup and ensure they’d be championship favorites once again no matter where LeBron James winds up.

Jordan would have to sacrifice a boatload of money for the opportunity to chase a ring. The Mavericks have made Jordan their top priority and have approximately $28MM to offer him. That makes Dallas a strong favorite to land him, Stein adds (Twitter link).

The chances of Jordan returning to the Clippers, as he did during his last free agent foray in 2015, seem remote. The team even tweeted a ‘Thank You, DeAndre!’ after his opt-out decision. They acquired veteran center Marcin Gortat from the Wizards earlier this week.

Mavs Decline Nowitzki’s Option, Will Offer New Deal

June 29th, 2018 at 6:43pm CST by Dana Gauruder

The Mavericks will decline Dirk Nowitzki‘s $5MM team option in order to open up more salary-cap space, Marc Stein of the New York Times tweets. Dallas plans to work out a new contract with Nowitzki, who mutually agreed to the decision, Stein adds.

This will give the Mavericks more wiggle room to pursue free agents, with DeAndre Jordan at the top of their wish list after he decided to opt out of his contract with the Clippers.

Dallas could have as much as $28-30MM in cap space, salary-cap enthusiast Albert Nahmad tweets.

Nowitzki has said he’d like to play at least one more season. Among the ways the Mavericks could re-sign him is by using their room-level exception, which is projected at $4.4MM in the first year of the contract.

DeAndre Jordan To Opt Out, Become Free Agent

June 29th, 2018 at 5:58pm CST by Dana Gauruder

Clippers center DeAndre Jordan will opt out of his contract and become an unrestricted free agent on Sunday, Adrian Wojnarowski of ESPN tweets.

Jordan can negotiate a long-term contract with the Mavericks, who were engaged in trade talks with the Clippers to acquire him if he opted in. Dallas was unwilling to give up draft picks in a potential trade and preferred to pursue the veteran big man in free agency, Marc Stein of the New York Times tweets.

Jordan’s decision to leave $24.1MM on the table still doesn’t give the Clippers a large amount of cap space. In fact, as Bobby Marks of ESPN points out, the maximum amount of room they could open up is $13.6MM but they’d have to waive two point guards, Milos Teodosic and Patrick Beverley, to make that happen. If the Clippers stay over the cap, they’d still their $8.6MM mid-level and $3.4MM bi-annual exceptions at their disposal.

However, they could have as much as $60MM in cap space next summer, Marks adds in another tweet.

Of course, the Mavericks have been down this road before with one of the league’s premier rebounders. Jordan, who averaged 12.0 and a career-best 15.2 RPG last season, famously reneged on a verbal agreement with Dallas in the summer of 2015 to remain in L.A. However, the Mavericks are intent on getting a premier center and probably won’t have a lot of competition to get him to sign the dotted line the second time around.

DeAndre Jordan Still Weighing Option Decision

June 29th, 2018 at 3:53pm CST by Luke Adams

3:53pm: Marc Stein of The New York Times, who initially reported that the Clippers were resistant to taking on Matthews in a trade with the Mavericks, now hears from one source that L.A. wouldn’t necessarily be opposed to the idea (Twitter link). That should keep the trade talks between the two teams alive.

3:25pm: With tonight’s deadline looming, Clippers center DeAndre Jordan is still weighing whether or not to exercise his $24.12MM option for 2018/19, per Adrian Wojnarowski of ESPN.com (Twitter link).

As we’ve detailed throughout the week, the Clippers and Mavericks have engaged in discussions on a trade that would involve Jordan picking up his option and being sent to Dallas. However, the two sides have been unable to agree on the terms of that deal, with one report suggesting that Los Angeles isn’t interested in taking on Wesley Matthews, who would be the preferred outgoing piece from the Mavs’ perspective.

According to Wojnarowski, trade talks between the Clips and Mavs could pick up again, but they’ve been “dormant” today. That could leave Jordan with a decision to make before tonight 11:59pm ET deadline, and two potential roads to take.

One path would be to opt out of his contract and explore a new deal with the Mavs – or another team – in free agency. Jordan could lock in a longer-term agreement in that scenario, but would likely have to accept a more modest starting salary than his $24MM+ option salary. Additionally, Dallas would have to use most or all of its available cap room to sign the big man as a free agent. If they were instead able to trade for him using another sizable contract like Matthews’, the Mavs could retain cap space for another move.

The alternative for Jordan would be to pick up his option today, even without a trade agreement in place. In that scenario, he and his representatives could continue to work with the Clippers on a potential trade, or he could simply prepare to return to L.A. for one more season before reaching the open market in 2019.

Jordan is the last veteran with a player option decision to make, as our tracker shows. So far, 20 of 27 players holding options have decided to exercise them, a stark contrast from the last two offseasons, when just eight of 53 players opted in.

Aaron Harrison Set To Become UFA

June 29th, 2018 at 11:33am CST by Luke Adams

Aaron Harrison, eligible for restricted free agency with the Mavericks, has committed to joining the Wizards‘ Summer League team, per Chase Hughes of NBC Sports Washington. Dallas tendered qualifying offers to a few other RFA-eligible players this week, but it seems Harrison isn’t in the team’s plans. He’ll become an unrestricted free agent on Sunday.

Trade Rumors: Clippers, Mavs, Richardson, Lakers

June 29th, 2018 at 7:37am CST by Luke Adams

The Clippers aren’t overly interested in taking back Wesley Matthews in a trade sending DeAndre Jordan to the Mavericks, reports Marc Stein of The New York Times (via Twitter). Los Angeles’ reluctance to accept Matthews makes some sense — while his salary is a little more affordable than Jordan’s, his contract expires at the same time, and the veteran swingman doesn’t really fill a major need for the Clips.

In order to work out a deal with the Clippers, the Mavericks will have to come up with an alternative trade scenario for Jordan, Stein notes. However, if the two sides can’t reach an agreement, that doesn’t necessarily mean Dallas is out of the running for Jordan, since the standout center could always decline his player option and sign with the Mavs as a free agent. If Dallas can work out a trade for Jordan, the team could theoretically preserve a good chunk of its cap room for another signing.

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

Several teams called the Heat to inquire about Josh Richardson during the draft, but Miami showed no interest in moving him, sources tell ESPN’s Zach Lowe. If the Heat hope to re-sign Wayne Ellington or use their mid-level exception, they’ll almost certainly have to shed salary, but Richardson isn’t a player the club is willing to lose.
The Suns made Marquese Chriss available in trade talks on draft night, according to Lowe. The ESPN.com scribe adds that the Suns, who are in the market for a point guard this summer, have yet to show any interest in trading for Dennis Schroder of the Hawks.
Multiple sources tell Tim Bontemps of The Washington Post that the Lakers and Nuggets have discussed a trade that would send unwanted salary and a draft pick to Los Angeles. Reports earlier this week indicated that the Lakers were exploring ways to acquire another first-round pick to sweeten a potential offer for Kawhi Leonard.
In a piece for ESPN.com, Bobby Marks examines some of the more intriguing expiring contracts and trade chips around the NBA.

Lowe’s Latest: James, Thunder, RFAs

June 28th, 2018 at 7:56pm CST by Austin Kent

The Lakers may not necessarily need a star in place to lure LeBron James, Zach Lowe of ESPN writes in a massive round-up of free agency notes. If James were to sign in Los Angeles alongside the team’s existing young stars and plethora of cap space they’d immediately become one of the league’s most appealing destinations for the next 12 months.

The comment comes in response to the notion that the Lakers are growing desperate to acquire Kawhi Leonard from the Spurs prior to James’ opt-in deadline tomorrow at 10:59pm CST. As things stand, both the Celtics and Sixers appear poised to offer better packages than what Lowe speculates L.A. might.

The King’s decision will have a ripple effect on the rest of the league, especially the Eastern Conference. If the Raptors, for example, were to watch James head to the West, it would make keeping their current core in place more appealing considering that their path to the Finals would be hypothetically easier.

Here’s a taste of the rest of Lowe’s findings:

If the Thunder can convince Paul George to return to Oklahoma City, it will be a monumental victory for general manager Sam Presti. If he leaves, the club would be forced to at least think about blowing the current squad up and trading Russell Westbrook.
Only six teams have notable amounts of potential cap space and half of those – the Hawks, Bulls and Kings – are telling teams that they’re interested in using that space to absorb bad contracts and pick up assets.
It’s unclear that there will be much of a market for Derrick Favors beyond, potentially the Mavs. It may make more sense for the big man to stay with the Jazz after finally starting to click alongside Rudy Gobert in Quin Snyder‘s offense last season.
The two best candidates to sign a qualifying offer this summer and approach next summer as unrestricted free agents are Celtics guard Marcus Smart and Trail Blazers center Jusuf Nurkic. Lowe writes that Nurkic turned down a “rich” four-year extension last fall but might have a hard time finding a team willing to offer more than the mid-level exception this summer.
It stands to reason that Aaron Gordon, Zach LaVine and Jabari Parker will yield significant offers from the Magic, Bulls and Bucks respectively but none of those teams have reason to offer a max contract right away.
The Pacers could make life harder for the Magic by putting together an offer in the $20MM range for Gordon. Lowe writes that there has been “mild discontent for years” about Gordon’s role in Orlando’s offense.
The Nuggets tried “feverishly” to trade for a second first-round pick last Thursday in the hopes of nabbing Zhaire Smith. Denver’s 2019 first-rounder was on the table in those talks.

For more free agency notes, including some potential contract extension candidates and the reasoning behind Nikola Jokic not getting a player option in the fifth year of his new deal with the Nuggets, check out the full feature at ESPN.