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2020/21 Salary Cap Preview: Denver Nuggets

April 17th, 2020 at 1:13pm CST by Luke Adams

Hoops Rumors is looking ahead at the 2020/21 salary cap situations for all 30 NBA teams. Due to the impact of the coronavirus pandemic on the NBA, it’s impossible to know yet where the cap for 2020/21 will land. Given the league’s lost revenue, we’re assuming for now that it will stay the same as the ’19/20 cap, but it’s entirely possible it will end up higher or lower than that.

After placing second in the Western Conference and winning a playoff series in 2018/19, the Nuggets were on nearly an identical pace this season, holding a 43-22 record prior to the NBA’s hiatus, the best mark of any non-L.A. team in the West.

In order to seriously contend for a title, Denver may need Jamal Murray and/or Michael Porter Jr. to evolve into a bona fide star alongside Nikola Jokic. In the meantime, the team isn’t weighed down by a ton of onerous contracts, but also may not be in a position to comfortably retain both Jerami Grant and Paul Millsap if and when they reach unrestricted free agency this offseason.

Here’s where things stand for the Nuggets financially in 2020/21, as we continue our Salary Cap Preview series:

Guaranteed Salary

Nikola Jokic ($29,542,010)
Jamal Murray ($27,285,000) ¹
Gary Harris ($19,160,714)
Will Barton ($13,723,214)
Michael Porter Jr. ($3,550,800)
Vlatko Cancar ($1,517,981)
PJ Dozier ($1,200,000) — Partial guarantee. Non-guaranteed portion noted below.
Total: $95,979,719

Player Options

Jerami Grant ($9,346,153)
Total: $9,346,153

Team Options

None

Non-Guaranteed Salary

Keita Bates-Diop ($1,663,861) ²
Monte Morris ($1,663,861) ³
PJ Dozier ($562,796)
Bol Bol (two-way)
Total: $3,890,518

Restricted Free Agents

Torrey Craig ($2,500,000 qualifying offer / $3,800,000 cap hold): Bird rights
Total (cap holds): $3,800,000

Unrestricted Free Agents / Other Cap Holds

Paul Millsap ($38,199,000): Bird rights ⁴
Mason Plumlee ($21,061,644): Bird rights
No. 22 overall pick ($2,379,840)
Noah Vonleh ($2,400,000): Non-Bird rights
Troy Daniels ($1,620,564): Non-Bird rights
Richard Jefferson ($1,620,564): Non-Bird rights ⁵
Total: $67,281,612

Offseason Cap Outlook

The Nuggets have just shy of $96MM of guaranteed money on their books for 2020/21, but that’s only for six or seven players. If we assume they’ll retain Morris and Bates-Diop on their minimum-salary deals and keep their first-round pick, that salary total surpasses $100MM, likely eliminating the possibility of cap room for the 2020 offseason.

The Nuggets will have Bird rights on their three most important free agents – Grant, Millsap, and Craig – and could theoretically retain all three. However, depending on the price tags, that could push the club up into luxury tax territory, so some tough decisions may be on the horizon.

For now, we’re assuming that Denver will look to avoid the tax, but if the team is willing to cross that threshold, it would lose the full mid-level exception and bi-annual exception, gaining access to the more modest taxpayer MLE.

Cap Exceptions Available

Mid-level exception: $9,258,000 ⁶
Bi-annual exception: $3,623,000 ⁶
Trade exception: $3,321,030 (expires 2/5/21)
Trade exception: $1,845,301 (expires 2/8/21)

Footnotes

This is a projected value. Murray’s actual maximum salary will be 25% of the cap, wherever it lands.
Bates-Diop’s salary becomes fully guaranteed after October 24.
Morris’ salary becomes fully guaranteed after October 18.
Millsap’s cap hold will be the lesser of $45,525,000 or 35% of the 2020/21 cap.
The cap hold for Jefferson remains on the Nuggets’ books because he hasn’t been renounced after going unsigned since 2018. He can’t be used in a sign-and-trade deal.
This is a projected value.

Note: Minimum-salary and rookie-scale cap holds are based on the salary cap and could increase or decrease depending on where the cap lands.

Salary information from Basketball Insiders and Early Bird Rights was used in the creation of this post. Photo courtesy of USA Today Sports Images.

Connelly Helped Karnisovas Prep For Bulls' Interview

April 14th, 2020 at 5:04pm CST by Luke Adams

Once it became clear that Nuggets general manager Arturas Karnisovas wanted the Bulls‘ head of basketball operations job, president of basketball operations Tim Connelly organized mock interview sessions to help him make a good impression in his actual meeting, per Mike Singer of The Denver Post. “It was amazing,” said Karnisovas, who was officially hired by Chicago on Monday. “It’s a prep, but that’s what I’m all about. I like to be all prepared. We prepared for all the questions and we covered all the bases. He helped me out.”
Nick Kosmider and John Hollinger of The Athetic take an in-depth look at the state of the Nuggets, examining what steps are necessary to turn Denver from a strong playoff team into a legitimate title contender.

Bulls Receive Permission To Interview Three GM Candidates

April 14th, 2020 at 10:40am CST by Luke Adams

Having officially hired Arturas Karnisovas as their new head of basketball operations, the Bulls are now in the market for a new general manager. With Karnisovas leading that search, the club has received permission to interview three candidates so far, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

According to Wojnarowski, Chicago has been granted permission to speak to Sixers senior VP of player personnel Marc Eversley, Clippers assistant GM Mark Hughes, and Magic assistant GM Matt Lloyd.

[RELATED: Bulls Part Ways With GM Gar Forman]

Those three executives were among the candidates initially identified by Wojnarowski for the job last Friday. At the time, Woj also said that Nuggets assistant GM Calvin Booth was a target, so his omission from today’s list is notable. There’s a belief that Denver will attempt to keep Booth after losing Karnisovas — he’s a candidate to be promoted to fill the Nuggets’ newly-opened GM role.

It remains to be seen whether Eversley, Hughes, and Lloyd are the Bulls’ top choices or whether the team’s search will continue to expand to include other candidates.

A source tells Joe Cowley of The Chicago Sun-Times (Twitter link) that Heat assistant GM Shane Battier won’t be interviewing with the Bulls, since Chicago recognizes that Miami values him and won’t be letting him go. Cowley adds (via Twitter) that despite some chatter, Pelicans GM Trajan Langdon won’t be a candidate for the Bulls’ GM position either.

Cowley previously identified Mavericks VP of basketball operations Michael Finley and Thunder executives Troy Weaver and Nazr Mohammed as potential GM targets for Chicago. However, based on a subsequent report, it would be a surprise if Weaver has interest in the job.

Bulls Officially Announce Hiring Of Arturas Karnisovas

April 13th, 2020 at 10:15am CST by Luke Adams

Five days after reports surfaced suggesting the Bulls were finalizing the hiring of Arturas Karnisovas, Chicago has made it official, announcing in a press release that the former Nuggets general manager is now their executive VP, basketball operations. As expected, Karnisovas’ new title with the Bulls is the one John Paxson held for the last several years.

“Arturas is one of the most respected basketball executives in the NBA. His résumé speaks for itself. I am thrilled that he is now a member of the Bulls,” said president & COO Michael Reinsdorf, who led the front office search. “As the new head of basketball operations, I am confident that his vision, ability to lead and experience helping build winning teams in Houston and Denver will serve him well here. I am very pleased to welcome him and his family to the City of Chicago and have him officially join our organization.”

Karnisovas had been with the Nuggets since being hired as an assistant general manager in 2013. He was promoted to GM in 2017 and helped build a roster that won 54 games in 2018/19 and was on nearly an identical pace this year prior to the suspension of the NBA’s season.

Before working with Nuggets president of basketball operations Tim Connelly to build a contender in Denver, Karnisovas was part of the basketball operations department in the NBA’s league office and served as an international scout for the Rockets. He also had a successful EuroLeague career as a player and won a pair of bronze medals for Lithuania’s national team in the Olympics.

“This is the height of a dream for me, and I am prepared for the challenge that it presents,” Karnisovas said in a statement of his own. “I grew up watching the Chicago Bulls. They represented American basketball and the NBA to a kid from Lithuania. I’ve always had a love for this franchise and to be a part of it and influence its revival is a privilege. I want to thank (team chairman) Jerry (Reinsdorf) and Michael Reinsdorf and the entire Bulls organization for presenting me with this opportunity and welcoming me and my family to Chicago.”

Since news broke last week that the Bulls had landed on Karnisovas as their new head of basketball operations, there have been rumors and reports on executives who may join him in Chicago’s new-look front office. The team reportedly reached a deal to hire cap guru J.J. Polk away from the Pelicans and was said to be in serious talks with Nuggets director of pro personnel Pat Connelly as well.

Of course, two of the most important initial decisions Karnisovas will have to make involve the head coach and general manager roles. Jim Boylen reportedly has some concern about his job security despite remaining confident he’ll be retained. Meanwhile, longtime GM Gar Forman has been let go, with Karnisovas said to be putting together a list of candidates to fill that position.

As for the Nuggets, they’ll need to plug the hole created in the front office by the departure of their general manager. Assistant GM Calvin Booth is a candidate for a promotion in Denver, though he’s also said to be on Karnisovas’ list of potential GM targets.

Draft Notes: Nuggets, J. Harris, Hawks

April 12th, 2020 at 6:05pm CST by ChrisCrouse

The Nuggets‘ acquired a first-round pick from the Rockets in the four-team, 12-player deal that sent Malik Beasley to the Wolves. That pick is currently slated to be the No. 21 overall selection and Mike Singer of the Denver Post examines five prospects the team could take at that spot in the first round.

Florida State guard Devin Vassell and Villanova forward Saddiq Bey are among the more intriguing options, in Singer’s view. Both players have range and could provide the Nuggets with depth, something that might be needed if Paul Millsap or Jerami Grant (player option) departs in free agency.

Here’s more on the upcoming draft:

Nevada guard Jalen Harris has declared for the 2020 draft, Jonathan Givony of ESPN tweets. Harris, who averaged 21.7 PPG and 6.5 RPG in 30 games as a junior, is the No. 93 overall prospect on ESPN.com‘s big board.
The Hawks could go a number of different directions with their first-round pick, which is expected to fall in the top five, Mark Schanowski of NBC Sports Chicago writes. Depending on where the pick lands, the team could look for a new backcourt partner for Trae Young (Anthony Edwards or perhaps LaMelo Ball) or simply go with the best player available.
Some NBA teams want to delay the draft until at least August 1. Check out the latest on that, as well as some of the restrictions that teams are facing as they virtually evaluate prospects.

Hiatus Interrupted Troy Daniels' Chance In Denver

April 11th, 2020 at 3:48pm CST by Arthur Hill

Troy Daniels didn’t get an opportunity to establish himself with the Nuggets before the hiatus began, notes Arash Markazi of The Los Angeles Times. Daniels was waived by the Lakers on March 2 after agreeing to a buyout, then signed with Denver on March 5, which was six days before the season was suspended. He got into one game and played just one minute during his time with the Nuggets. “We were playing when we found out (about the shutdown) so I didn’t know if we were going to stop but we kept going, and as soon as it was over everyone was talking about it in the locker room,” Daniels said. “We were supposed to go to San Antonio that night but we went back to Denver. That’s when I knew it was serious.”
Andy Bailey of Bleacher Report suggests five potential trades if the Jazz can’t resolve the reported rift between Donovan Mitchell and Rudy Gobert. Bailey sees the Knicks, Mavericks and Bulls as possible destinations for Gobert, while the Thunder and Nuggets may be able to swing a deal for Mitchell.

Bulls Eye Several Assistant GMs For Their GM Job

April 10th, 2020 at 6:35pm CST by Dana Gauruder

Arturas Karnisovas, who is expected to be named the Bulls’ executive VP of basketball operations, will conduct interviews with a number of general manager candidates in the near future, Adrian Wojnarowski of ESPN tweets.

The Nuggets’ Calvin Booth, the Sixers’ Marc Eversley, the Clippers’ Mark Hughes and the Magic’s Matt Lloyd are among several assistant GMs around the league under consideration, Wojnarowski adds. The Bulls’ office will start seeking permission from other teams to conduct interviews with everyone on their list, Wojnarowski reports in another tweet.

However, Booth could be promoted by Denver to replace Karnisovas, who emerged as Chicago’s choice as its top front office executive on Wednesday.

The Thunder’s Troy Weaver and Nazr Mohammed and the Mavericks’ Michael Finley are also candidates for the GM job, Joe Cowley of the Chicago Sun-Times tweets.

No matter which executive that Karnisovas chooses, current GM Gar Forman will lose his title. It’s uncertain whether Forman will be reassigned or simply let go by the organization. Karnisovas will decide Forman’s future, according to another Cowley tweet.

Longtime Bulls executive VP of basketball operations John Paxson is expected to remain in an advisory position with Karnisovas and ownership making the final decisions.

The Bulls were reportedly denied permission by the Thunder to speak with Weaver, OKC’s VP of basketball operations, during the search process for an executive VP. Whether the Thunder have changed their stance on Weaver remains to be seen. The Bulls did hold an informal interview with Mohammed recently for another front office job.

More Notes, Details On Bulls’ Hiring Of Karnisovas

April 9th, 2020 at 11:17am CST by Luke Adams

Once Arturas Karnisovas formally assumes control of the Bulls‘ front office, he intends to hire a person of color to be the team’s general manager, a league source tells Vincent Goodwill of Yahoo Sports. Goodwill’s story comes on the heels of a Wednesday report which indicated that black executives around the NBA were upset that all five candidates known to have interviewed for the top Chicago job were white, including a couple who had made racially insensitive comments in the past.

According to Goodwill, the Bulls requested permission during their search process to speak to Thunder VP of basketball operations Troy Weaver, who is black, but were denied. Chicago also tried to interview Raptors GM Bobby Webster, a Japanese-American, but didn’t receive permission from Toronto.

As K.C. Johnson of NBC Sports Chicago tweets, the Bulls did hold an informal interview with former Chicago center Nazr Mohammed, who has worked in Oklahoma City’s front office. That interview wasn’t for the team’s top front office job though.

Bulls COO Michael Reinsdorf has made a series of diverse hires in the Bulls’ business operations department in recent years, per Goodwill, who hears that the younger Reinsdorf has spoken both publicly and privately about the importance of having a diverse staff.

Here’s more on the Bulls’ hiring of Karnisovas and on the Nuggets, who will lose their general manager:

A source tells Joe Cowley of The Chicago Sun-Times that longtime executive VP of basketball operations John Paxson will continue to be a “sounding board” for the Reinsdorfs going forward, but will only weigh in on basketball decisions if asked by Karnisovas.
The Bulls’ front office search had its flaws, but the team ultimately landed on a very promising candidate in Karnisovas, opines Jon Greenberg of The Athletic.
Rockets GM Daryl Morey, who previously worked with Karnisovas in Houston, praised the Bulls’ choice and told Tom Haberstroh of NBC Sports (Twitter link via K.C. Johnson) that he’s happy to see the veteran exec get a shot to run a team. “Arturas is one of the best executives in the NBA,” Morey said. “I’m so happy he is getting this opportunity. He was instrumental in our success. I’m also thrilled he’s in the East now!”
Nuggets president of basketball operations Tim Connelly and team owner Josh Kroenke were “instrumental” in helping Karnisovas land the Chicago job, a source tells Mike Singer of The Denver Post. In a separate story for The Post, Singer spoke to former NBA player Jared Jeffries, who worked with Karnisovas for four years in Denver’s front office and called the Bulls’ decision to hire him a “no-brainer.”
Karnisovas’ departure leaves the Nuggets with a hole in their basketball operations department, and Nick Kosmider of The Athletic suggests that assistant GM Calvin Booth may be a candidate for a promotion.

Bulls Finalizing Deal To Hire Arturas Karnisovas

April 8th, 2020 at 11:43pm CST by Luke Adams

The Bulls are finalizing a deal with Nuggets general manager Arturas Karnisovas that will make him Chicago’s new executive VP of basketball operations, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

According to Woj (via Twitter), the Bulls offered the job to Karnisovas earlier in the evening on Wednesday and spent the night negotiating the details.

Karnisovas’ diverse background in basketball was said to appeal to the Bulls. Before working with Nuggets president of basketball operations Tim Connelly to build a contender in Denver, Karnisovas was part of the basketball operations department in the NBA’s league office and served as an international scout for the Rockets. He also had a successful EuroLeague career as a player and won a pair of bronze medals for Lithuania’s national team in the Olympics.

Karnisovas had been with the Nuggets since being hired as an assistant general manager in 2013. He was promoted to GM in 2017 and helped build a roster that won 54 games in 2018/19 and was on nearly an identical pace this year before the NBA suspended its season.

Momentum had been building toward Karnisovas landing the job throughout the week as he interviewed for the position and emerged as a frontrunner. He’ll now be tasked with hiring a new general manager and reshaping the Bulls’ front office, per Wojnarowski. With no end to the NBA’s hiatus in sight, the Bulls’ new exec should have plenty of time to evaluate the roster and weigh offseason options for the franchise.

Longtime Bulls executive VP of basketball operations John Paxson is expected to move into the background as part of the front office overhaul. While Paxson will likely assume an advisory position, he’d reportedly be willing to step down from the franchise altogether if Karnisovas and team ownership decide there’s no role for him. Meanwhile, a reassignment to the scouting department appears to be the most likely outcome for general manager Gar Forman.

Jazz GM Justin Zanik, former Hawks GM Wes Wilcox, and veteran executives Bryan Colangelo and Danny Ferry were among the other candidates to speak to the Bulls this week. Chicago was also said to have interest in Pacers GM Chad Buchanan, Raptors GM Bobby Webster, and Heat assistant GM Adam Simon, but they didn’t end up interviewing with the Bulls and will stay with their respective teams.

As for the Nuggets, it remains to be seen how Karnisovas’ impending departure will impact their front office. Assistant GM Calvin Booth could be among the candidates for a promotion as Denver looks to fill the hole created by Karnisovas’ exit.

Bulls Notes: Karnisovas, Zanik, Reinsdorf, Boylen

April 8th, 2020 at 8:59pm CST by Arthur Hill

Nuggets general manager Arturas Karnisovas made a strong impression on the Bulls‘ front office during his interview today, a source tells Joe Cowley of The Chicago Sun-Times. Management plans to meet with Karnisovas again electronically in a few days, and he could be hired as soon as next week.

A few other prominent names emerged today from the team’s interview process and some of them may be added to the organization as well, Cowley adds, as chief operating officer Michael Reinsdorf is using the makeover to create depth in the front office. Cowley states that not all the interviews have been for the executive VP of basketball operations position, and some of them were just former executives that Reinsdorf wanted to gather information from.

The source says Jazz executive Justin Zanik also impressed Reinsdorf with his background in player relationships and salary cap knowledge. The Bulls may decide to hire several executives and have them manage separate departments.

There’s more tonight from Chicago:

NBA writer Stephen Noh examines Karnisovas’ background in a story on The Patreon. His aggressive philosophy toward trades was shaped by his first NBA job with the Rockets more than a decade ago, where he worked with general manager Daryl Morey, former Sixers GM Sam Hinkie and current Timberwolves president of basketball operations Gersson Rosas. “They would call every team constantly and look for ideas of how they can make their team better.” Karnisovas said. “That’s what I took and still to this day, I believe in coming up with 100 ideas. Maybe one will stick.”
Jeremy Woo of Sports Illustrated examines some of the challenges awaiting whoever gets hired to run the team. He believes there’s too much young talent in place for a complete overhaul, but veterans such as Thaddeus Young and Tomas Satoransky may be moved. A decision also has to be made on the fate of head coach Jim Boylen.
Black executives around the league are upset that no African American candidates have been interviewed in the Bulls’ front office search, according to Marc J. Spears of The Undefeated. “It’s clear there is an underlying hypocrisy telling us the NBA is diverse, but when an opportunity comes, the process isn’t,” a black assistant GM said. “All we want is a chance. As a black man, all we want is a fair opportunity to show we are just as qualified.”