Nuggets Rumors

Nuggets Make Retaining Grant High Priority

Retaining Jerami Grant will be a priority for the Nuggets this offseason, according to Mike Singer of the Denver Post. Grant was highly productive filling in for Paul Millsap when Millsap was injured this season and could be the team’s starting power forward of the future. Grant has a $9.3MM option for next season and while the hiatus and subsequent league-wide loss of revenue could play into his decision, he’s still likely to opt out. Denver would then have to try to re-sign him as an unrestricted free agent.

  • While Michael Porter Jr. had some rocky moments this season, he was productive in his rookie campaign and also avoided a major injury for the first time in three years, Singer writes in a separate story. The Nuggets forward made a monumental step in his career, Singer adds, and appears to have a bright future with the franchise.

Nuggets To Promote Calvin Booth To General Manager

Calvin Booth will be the next general manager in Denver, tweets Shams Charania of The Athletic.

Currently serving as assistant GM, Booth will be promoted to replace Arturas Karnisovas, who was hired this week as executive VP of basketball operations with the Bulls.

A league source confirmed the Nuggets‘ intentions to Mike Singer of the Athletic (Twitter link), but said the timing of an official announcement is uncertain because of the league’s hiatus.

Booth has served as assistant GM with Denver since 2017. After a 10-year playing career, he became a scout for New Orleans during the 2012/13 season, then joined Minnesota a year later, eventually becoming director of player personnel.

Millsap's Leadership Pumps Up His Value

2020/21 Salary Cap Preview: Denver Nuggets

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

Player Options

Team Options

  • None

Non-Guaranteed Salary

Restricted Free Agents

Unrestricted Free Agents / Other Cap Holds

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

  1. This is a projected value. Murray’s actual maximum salary will be 25% of the cap, wherever it lands.
  2. Bates-Diop’s salary becomes fully guaranteed after October 24.
  3. Morris’ salary becomes fully guaranteed after October 18.
  4. Millsap’s cap hold will be the lesser of $45,525,000 or 35% of the 2020/21 cap.
  5. 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.
  6. 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

  • 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

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

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

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:

Hiatus Interrupted Troy Daniels' Chance In Denver

  • 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

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.