Nuggets Rumors

Northwest Notes: Malone, Nuggets, Wiggins, Thunder

After a similar report surfaced in August from another outlet, Zach Lowe of ESPN said on his podcast this week (hat tip to RealGM) that there are “rumblings” that Michael Malone and the Nuggets front office aren’t seeing eye to eye “to a degree even unusual for the NBA.”

This offseason, the Nuggets lost Kentavious Caldwell-Pope to free agency one year after losing key role players in Jeff Green and Bruce Brown. General manager Calvin Booth has targeted young players to develop to try and offset the losses of these veterans, but they haven’t been one-to-one replacements.

As noted by RealGM, Booth’s contract expires after the 2024/25 season while Malone’s runs through ’26/27. It’s not exactly clear to what degree Malone and the front office aren’t clicking, but Denver took a step back after winning the title in 2023 and doesn’t have a clear replacement for what Caldwell-Pope brought to the table as one of the premier 3-and-D role-players in the league.

For what it’s worth, Booth didn’t exactly put any rumors to rest with his comments in May.

“We’ve talked about this a lot upstairs,” Booth said in May. “The general manager, front office job oftentimes is to make sure the long-term view is something that we’re satisfied with. And Coach Malone’s down there in the trenches trying to win every night. And a lot of times, those things are aligned, but sometimes they ebb and flow away from each other.”

We have more from the Northwest Division:

Just One Team Has Used Full Non-Taxpayer MLE So Far

As long as a team is operating below the second tax apron, it has access to at least some form of the mid-level exception, a tool designed to allow clubs to add talent without using cap room to do so. As we outline in more detail within our glossary, one of the following MLEs is available to a team below the second apron of $188,931,000:

  • Taxpayer mid-level exception ($5,183,000): For teams operating between the first and second tax aprons.
  • Non-taxpayer mid-level exception ($12,822,000): For teams operating above the cap and below the first apron.
  • Room exception ($7,983,000): For teams who operate under the cap and use up all their room.

While four teams – the Celtics, Suns, Timberwolves, and Bucks – currently have salaries above the second tax apron, the other 26 clubs have access to one of these three mid-level exceptions. However, only a small handful of those clubs have actually taken advantage of the exception, as our tracker shows.

The Warriors are the lone team to use the full portion of the non-taxpayer mid-level exception so far in 2024/25, having signed free agent guard De’Anthony Melton a one-year contract worth $12,822,000.

Four other teams have used at least some portion of the non-taxpayer mid-level exception, but still have a chunk left over for one or more signings later in the league year. That group includes the Bulls (approximately $4.25MM remaining), Mavericks ($4.25MM), Clippers ($3.3MM), and Wizards ($6.38MM). They used part of their MLEs to sign Jalen Smith, Naji Marshall, Derrick Jones, and Saddiq Bey, respectively.

The Nuggets used the entire $5.2MM taxpayer mid-level exception to add Dario Saric in free agency, while the Sixers re-signed Kelly Oubre using their full $8MM room exception.

The remaining 19 teams have yet to dip into their mid-level or room exceptions at all.

In some cases, it’s not practical to do so. For example, the Heat and Lakers technically have access to the taxpayer MLE, but are so close to the second apron that they can’t realistically use it without shedding some salary.

Other teams are close enough to the luxury tax line that it wouldn’t make sense for them to spend their mid-level exception and become a taxpayer. The Nets and Hawks, for instance, have yet to touch their MLEs, but they’re each less than $2MM away from the tax threshold, so it’s safe to assume neither team is on the verge of bringing in an MLE-level free agent.

Still, there are plenty of teams that have more than enough spending flexibility to use some or all of their exception. That group includes every club with access to the room exception, including potential contenders such as the Thunder and Magic.

The 2024/25 season represents the first league year in which teams are permitted to use the non-taxpayer mid-level exception or the room exception to acquire a player via trade rather than just to sign a player to a contract, so some clubs may be waiting until mid-season to see if a better opportunity arises on the trade market. Others may use some of their leftover exception money to pursue a free agent on the buyout market in February.

Teams Limited To Minimum Salary Contract Offers

There won’t be a ton of free agents who sign for more than the veteran’s minimum between now and the end of the NBA’s regular season. The majority of the players whose markets exceeded the minimum came off the board pretty quickly in July, and teams aren’t looking to spend big on the players who are still available.

Still, that certainly doesn’t mean every signing for the next seven months will be of the minimum-salary variety. In some cases – especially on the buyout market in February – being able to offer a couple million dollars more than the minimum could be the difference between a team landing a free agent and missing out on him.

With that in mind, it’s worth checking in on which teams don’t currently have the ability to offer more than the minimum. By our count, a third of the NBA is in this boat, though some of those clubs could generate some spending flexibility by making cost-cutting trades.

Here’s a breakdown of the teams currently limited to minimum-salary contract offers for free agents:

Teams above the second tax apron:

  • Boston Celtics
  • Milwaukee Bucks
  • Minnesota Timberwolves
  • Phoenix Suns

Teams operating above the second tax apron, which comes in at $188,931,000 in 2024/25, face a series of roster-building restrictions, including being prohibited from using any form of the mid-level exception, as well as the bi-annual exception.

The Celtics, Bucks, Timberwolves, and Suns all fall into that group of teams above the second apron and therefore don’t have any cap exceptions available to use on free agents besides the minimum salary exception.

Teams very close to the second tax apron:

  • Los Angeles Lakers
  • Miami Heat

Because their team salaries are below the second apron, the Lakers and Heat each technically have the ability to use their taxpayer mid-level exception, which is worth $5,168,000 this season.

However, both clubs are operating so close to the second apron that using any portion of the taxpayer MLE would push team salary above that threshold, which isn’t permitted — a team that uses the taxpayer MLE can’t have a salary above the second apron upon the completion of the signing (or at any time after that).

Therefore, unless they make a move to shed salary, the Lakers and Heat will be limited to minimum-salary signings from here on out.

Over-the-cap teams that have used all their cap exceptions:

  • Denver Nuggets
  • Philadelphia 76ers

The Nuggets are currently operating between the first and second tax aprons and have already used their taxpayer mid-level exception to sign Dario Saric. Because the bi-annual exception isn’t available to teams above the first apron, Denver can no longer offer more than the veteran’s minimum.

The Sixers, meanwhile, used their entire room exception to re-sign Kelly Oubre after spending all their cap space. They’re now well over the cap and only have the minimum salary exception left to sign a free agent outright.

It’s worth noting that acquiring a player via sign-and-trade is technically a possibility prior to opening night for teams who have used up all their cap exceptions and want to add a free agent for more than the minimum. However, that’s not currently a practical option for either Denver or Philadelphia, who are both above the first tax apron.

Teams right up against their hard caps:

  • Dallas Mavericks
  • Golden State Warriors

The Mavericks have about $4.25MM of their mid-level exception still available after using a portion of it to sign Naji Marshall, and both Dallas and Golden State still have their full bi-annual exceptions on hand.

Based on the roster moves they’ve made so far this summer though, both the Mavs and Warriors are hard-capped at the first apron of $178,132,000 and are less than $1MM away from that hard cap. In other words, unless they shed salary by trading or waiving one or more of their current players, those two teams aren’t just prohibited from using their remaining exceptions — they’re also unable to add another minimum-salary player on a standard contract.

Dallas and Golden State are each carrying at least one player with a non-guaranteed salary, so it would technically be possible for, say, the Mavs to cut A.J. Lawson and then use a portion of their mid-level exception to sign a free agent. However, their breathing room below the hard cap is so limited that any signings above the minimum are unlikely, unless a cost-cutting trade generates more flexibility — the same goes for the Warriors.

Northwest Notes: Westbrook, Stojakovic, Jokic, Sexton

Nuggets president Josh Kroenke recently discussed the team’s decision to sign former league MVP Russell Westbrook to a two-year deal, Bennett Durando of The Denver Post relays.

As Durando notes, Westbrook is on track to play for his fifth team in six years. In a reduced role as a reserve for the Clippers last season, the 35-year-old averaged a career-low 11.1 points and 4.5 assists, along with 5.0 rebounds and 1.1 steals, across 22.5 minutes per game.

“I got a chance to meet him for the first time right after he signed, and as I said to him, I’m very grateful that he’s on this side,” Kroenke said. “Because I’ve watched him kind of tear our hearts out for so many years in Oklahoma City, among other places. So he’ll be a really good person for us to have, both on and off the court, with some of the young guys who we’re expecting to take bigger roles this year. Russ has seen it all, in and around the NBA, so he’s gonna be a big part of who we are both in the locker room and on the court.”

There’s more out of the Northwest Division:

  • Nuggets three-time MVP center Nikola Jokic remained underappreciated in his home country prior to this year’s Olympics, according to assistant coach Ognjen Stojakovic, who suggested that Serbia’s bronze medal helped boost Jokic’s stock even higher. “Generally, the first thing I notice is that our people weren’t aware of how great a basketball player Nikola is, how good he is,” Stojakovic said in an interview with Milun Nesovic of Meridian Sport (hat tip to Eurohoops.net for the translation). “Simply, if you don’t win something with the national team, you’re not valued as much as those who have, regardless of your success elsewhere. Nikola did win silver with Serbia in Rio, but he didn’t have as significant a role as he (did in Paris). My opinion—people are only now beginning to realize how great a player he is.”
  • Jazz point guard Collin Sexton recently asserted that he is a top-10 player at his position and is capable of breaking into the top five. “I put myself against anybody,” Sexton said on the “It Is What It Is” podcast with hosts Cam’ron, Ma$e and Treasure “Stat Baby” Wilson (YouTube video link). “At the end of the day, I don’t back down from nobody. I got a different type of chip on my shoulder. I got a different type of grind. When I step between those lines, it’s me against you.” Last season with the 31-51 Jazz, Sexton averaged 18.7 points per game on a .487/.394/.859 shooting line, chipping in 4.9 assists per contest.
  • In case you missed it, Thunder guard Shai Gilgeous-Alexander was voted the favorite to be named 2024/25 league MVP in a poll of NBA coaches and executives. Last year, the 6’6″ All-Star finished second in MVP voting to Jokic.

Jokic Tops Poll For Best Player; Gilgeous-Alexander Gets Nod For 2024/25 MVP

Nuggets center Nikola Jokic is the best NBA player right now but he’s not going to win another Most Valuable Player award next season.

That’s the majority opinion of the 18 NBA coaches, scouts and executives that ESPN’s Tim Bontemps polled. All but three of them believe Jokic is the league’s top player.

However, when the subject of next season’s MVP came up, Thunder guard Shai Gilgeous-Alexander received seven votes. A handful chose Mavericks guard Luka Doncic with Jokic only receiving two votes.

The Thunder and Celtics are the solid favorites to emerge from their respective conferences and square off in the Finals. Boston received 13 votes to win the East, while Oklahoma City picked up 14 votes to emerge from the West. The Celtics received eight votes to repeat as champions, while the Thunder were chosen by seven members of the group.

There was no love for the top pick in the draft, Zaccharie Risacher.The Hawks big man didn’t receive a single vote for Rookie of the Year. The same goes for the topic of best player from the 2024/25 rookie class in five years. Grizzlies center Zach Edey garnered a panel-best eight votes for ROY, while Rockets guard Reed Sheppard was chosen by eight of them to be the best of the bunch in five years.

Spurs big man Victor Wembanyama got two-thirds of the vote for top overall player in five years.

"Disconnect" Between Michael Malone and Front Office?

  • Coach Michael Malone and the Nuggets‘ front office haven’t been on the same page in recent years when it comes to roster moves, sources tell David Thorpe of TrueHoop. Thorpe has been hearing for two seasons about a “disconnect” as the organization has lost Bruce Brown and Kentavious Caldwell-Pope from its 2023 championship roster. Malone has been left with a collection of young players to try to fill their roles.

Nuggets Notes: Murray, Kroenke, Roster, Caldwell-Pope

Injuries were a significant factor in Jamal Murray‘s struggles in the 2024 postseason and during the Olympics in Paris this summer, Nuggets president Josh Kroenke said on Wednesday, according to Bennett Durando of The Denver Post.

When you’re going against the best in the world, whether it’s in the NBA playoffs or in the Olympics, you’re gonna get (opponents’) best shot And if you’re not 100% and you know you want to be out there still, you’re gonna try to fight through it like Jamal is,” Kroenke said after participating in the Gardner Hendrick Pro-Am, part of the BMW Championship at Castle Pines Golf Club.

But I know he wasn’t 100%. I know getting him back there is a big step toward seeing the Jamal who was throwing up triple-doubles in the NBA Finals.”

As Durando writes, the Canadian guard was visibly slowed by a left calf strain during Denver’s second-round playoff loss to Minnesota. Kroenke said Murray has also been battling an ankle issue in addition to other ailments, though he didn’t specify when that particular injury occurred.

A report in late June indicated that the Nuggets and Murray were nearing an agreement on a four-year, $208.45MM maximum extension, but a deal has yet to be finalized. While Kroenke declined to go into specifics on when a contract might come to fruition, he remains confident in Murray’s abilities, Durando adds.

Jamal’s a great player, one of the best in the NBA,” Kroenke said, “and however he felt personally that the Olympics were for him, just reading some of his quotes, I know he was frustrated a little bit. So I have no doubt that he’ll use that the right way for motivation going into the season.”

Here’s more on the Nuggets, courtesy of Durando (Twitter links):

  • According to Kroenke, Denver’s roster is “pretty set” for the 2024/25 season, though he acknowledged things can change quickly in the NBA. “Our eyes and ears are always open,” he said. “The new (CBA) rules are interesting, and how some of those trades work once you’re over the tax.” The Nuggets’ roster, which is currently at the offseason limit of 21 players, includes 15 players on guaranteed standard contracts, with all three of the team’s two-way slots filled.
  • The Nuggets’ president also touched on Kentavious Caldwell-Pope‘s free agency, Durando notes. A key three-and-D player for Denver the past two seasons, Caldwell-Pope signed a three-year, $66MM deal with Orlando after declining his ’24/25 player option. Kroenke said that while the Nuggets made the veteran wing some offers, they were also leery of the second apron restrictions in the new CBA, emphasizing that maintaining the “flexibility to retain the guys we want to keep” in the future was a key factor in contract talks. Kroenke also expressed confidence in the team’s young players and their ability to take on expanded roles.
  • In case you missed it, the Nuggets are rumored to be interested in Hornets guard Vasilije Micic, one of Nikola Jokic‘s teammates on the Serbian national team. Serbia won the bronze medal at the Olympics.

Stein’s Latest: Curry, James, Embiid, Yurtseven, Micic

Warriors All-NBA point guard Stephen Curry is eligible for a one-season, $62.6MM contract extension prior to October 21. He could also wait until the 2025 offseason to seek a two-year deal worth a projected $130MM, Marc Stein writes in his latest Substack story.

Stein notes that, having missed out on Jazz All-Star Lauri Markkanen and Sixers All-Star Paul George, Golden State continues looking for opportunities to upgrade the roster via trade. The Warriors believe they have the current and future assets necessary to do just that.

Last year’s Warriors went 46-36, finishing with just the No. 10 seed in the Western Conference. Golden State failed to make the playoffs after falling to the Kings in the play-in tournament.

Curry, 36, had yet another excellent individual year. The 10-time All-Star averaged 26.4 points on .450/.408/.923 shooting splits, 5.1 assists, 4.5 rebounds, and 0.7 steals in 74 games.

Here are some other key notes from Stein’s newest Substack article:

  • According to Stein, there’s a belief that the Lakers would have “reluctantly” engaged in trade discussions to send All-NBA combo forward LeBron James to the Warriors, so he could join then-future Team USA colleague Curry and friend Draymond Green, if that’s what James had wanted. However, Stein’s sources say that Klutch Sports CEO Rich Paul, James’ longtime agent, urged both L.A. and Golden State to scrap the idea — in part because Paul didn’t want James to be faced with criticism for jumping teams for a fourth time.
  • Sixers All-Star center Joel Embiid, fresh off winning his first Olympic gold medal for Team USA this summer, hinted that he might be interested in playing for his native Cameroon during the 2028 Olympics in Los Angeles. However, as Stein writes, a player over the age of 17 can only change his country affiliation if he receives clearance from FIBA and his previous country (in this case, USA Basketball). Stein is skeptical that Embiid will be permitted to do so.
  • According to Stein, free agent center Omer Yurtseven was one of several players to recently work out for the Knicks, who opted not to sign him at that time. Greek club Panathinaikos reportedly remains intrigued by the 7-footer. New York lost its 2023/24 starting center, Isaiah Hartenstein, to the Thunder in free agency, and no doubt needs to get creative filling out its frontcourt depth, so Yurtseven would have made sense as a fringe rotation option. Across three NBA seasons with the Heat and Jazz, the big man has appeared in 113 contests (24 starts), averaging 5.0 points, 4.6 rebounds and 0.7 steals per night.
  • Hornets point guard Vasilije Micic is considered a potential down-the-road trade target for the Nuggets, given his close relationship with Nikola Jokic, Stein writes. Micic may not be a practical option for Denver at this point though, given his $7.7MM salary and the team’s proximity to the tax aprons. Acquired midway through his 2023/24 rookie season, the 6’5″ guard averaged 10.8 points and 6.2 assists across 30 games for Charlotte down the stretch.

And-Ones: K. Smith, Schedule, C. Brown, Burton, Duke & Rutgers

Warner Bros. Discovery is suing the NBA after being excluded from the new broadcast rights package, but Kenny Smith isn’t worried about how that might affect what will likely be the final year of “Inside the NBA,” writes Greg Rajan of The Houston Chronicle. Smith, who has been with the network since his playing career ended in 1998, insists that nothing will change inside the studio.

“No, because we do our jobs,” he said. “Our job is to talk (about) the game and give insight and also give you insight about what’s going on behind the scenes with TNT. Like, ‘Hey, we’re not happy.’ That’s part of what makes us different. I don’t think any other network would allow or want their talent to talk about things like that. We’re going to do it, no matter what happens.

“But again, we’ve had a great run. If it continues, it’ll be great. But also, there are massive opportunities for the four of us — again, to create ownership opportunities to make sure our directors, producers, makeup, stats and audio people are still part of one of the greatest shows in sports TV history.”

Smith views the possible end of the network’s affiliation with the NBA as an opportunity for the show to reach out into other areas. He compares it to what Adam Sandler or Peyton and Eli Manning are doing with their companies, providing a chance to create a new brand in sports television.

There’s more from around the basketball world:

  • More details on the 2024/25 NBA schedule continue to leak out ahead of the official announcement at 3:00 pm ET on Thursday. The Nuggets will host the Thunder on October 24 in the season opener for both teams, according to Shams Charania of The Athletic (Twitter link). It will be a matchup of the top two seeds in the West last season. After facing the Clippers October 23 in the first game at the new Inuit Dome, the Suns will stay in Los Angeles to take on the Lakers October 25 before hosting the Mavericks in their home opener a night later, tweets Duane Rankin of The Arizona Republic. The Kings will have two six-game road trips during the season, sources tell James Ham of Kings Beat (Twitter link). One in January will have them face the Nuggets, Knicks, Nets, Sixers, Thunder and Timberwolves, and another from March 29 to April 7 will feature games against the Magic, Pacers, Wizards, Hornets, Cavaliers and Pistons.
  • Former NBA players Charlie Brown Jr. and Deonte Burton will be among the players representing the G League United in a pair of September exhibition games, the league announced (Twitter links).
  • Duke and Rutgers will be the top destinations for NBA scouts when the college basketball season begins, observes Adam Zagoria of NJ.com. The Blue Devils have the projected No. 1 pick in the 2025 draft, Cooper Flagg, along with Khaman Maluach, a probable lottery selection who played for South Sudan in the Olympics. The Scarlet Knights’ Ace Bailey and Dylan Harper are also in contention for the top spot in next year’s draft.

Olympic Notes: Murray, Yabusele, Giddey, Barrett, More

There are concerns about Jamal Murray following a lackluster Olympic performance with Team Canada, writes John Hollinger of The Athletic. After dealing with injuries during the latter part of the season, the Nuggets guard was limited to 36.6% true shooting and a 4.7 PER in four Olympic games.

While Hollinger admits that’s a small sample size, he notes that Murray wasn’t any better in Canada’s exhibition contests and didn’t look like the same player he was during Denver’s 2023 title run. Hollinger observes that Murray played without “zip” while having a hard time getting separation from his defender and finishing at the rim. If there’s a physical issue affecting Murray, it could be a significant story heading into training camp and the start of the season, Hollinger adds.

A report in late June stated that the Nuggets and Murray were nearing agreement on a four-year, $208MM extension. Hollinger wonders if the team might be reconsidering that offer in light of Murray’s recent downturn.

Hollinger shares a few more thoughts on the Olympics:

  • Guerschon Yabusele helped his NBA prospects tremendously with his Olympic performance, but Hollinger is skeptical that he’ll join the league this season. A league source confirms to Hollinger that Yabusele has a $2.5MM buyout in his contract with Real Madrid. Any NBA team that signs him would have to pay that amount, which would count against the cap above the $850K maximum international buyout, along with Yabusele’s salary. Hollinger sees a better chance for Yabusele to return to the NBA next summer when he’ll be a free agent.
  • Australia used Josh Giddey as its primary ball-handler, a role he’ll assume with the Bulls this season. Hollinger points out that although Giddey could have used better outside shooting around him, he was effective running the offense. He made 11 three-pointers in four games, easing some of the concerns about him in Oklahoma City, while taking on a 30% usage rate.
  • Hollinger believes Raptors swingman RJ Barrett could be headed for a breakout season. Playing for Canada, Barrett ranked fourth in the Olympics in scoring at 19.8 PPG with 58/44/84 shooting splits. Hollinger adds that Barrett was impressive after being traded to Toronto last season and should have a high-usage role on a rebuilding team.
  • Khem Birch may have sparked NBA interest after being Canada’s top center in France, per Hollinger. Birch will be 32 by the time training camps open, but Hollinger suggests he could fill a role as a third center.
  • Mathias Lessort, who helped France reach the gold medal game, could be a “last-resort option” for the Knicks next summer if they still haven’t found a reliable backup center, Hollinger states. The 29-year-old big man is under contract with Panathinaikos in Greece this season.
  • Isaac Bonga is a free agent after wrapping up a strong Olympics with Germany. Hollinger notes that Bonga is only 24 and could return to the NBA and a three-and-D specialist, even if it doesn’t happen right away.