Nuggets Rumors

Hawks, Cavs, Nuggets Quiet So Far In Free Agency

As our 2019 NBA Free Agent Tracker shows, 27 of the league’s 30 teams have reached an agreement on a standard NBA contract with at least one player. Not every one of those clubs has made a huge splash, but they’ve been involved in free agency to some extent.

That leaves just three teams that have stayed out of the proceedings so far: Atlanta, Cleveland, and Denver. Two of those teams (the Hawks and Cavaliers) have at least signed an undrafted rookie to a two-way contract, but none have reached an agreement to add an NBA free agent on a standard deal.

The Hawks‘ inactivity on the free agent market so far is unsurprising. When he looked ahead to the free agent period more than two months ago, general manager Travis Schlenk predicted that the team would be patient, waiting to see which players slipped through the cracks after the first wave of signings.

Atlanta has used some its cap room to absorb salary (Allen Crabbe), but still has up to about $14MM in space available, per Jeff Siegel of Early Bird Rights. Given Schlenk’s fondness for taking on unwanted contracts, we’ll see if he goes that route to use the rest of the Hawks’ space, or if the team has its eye on any remaining free agents. For what it’s worth, the deal that will send Miles Plumlee and Solomon Hill to Memphs for Chandler Parsons will open up an extra roster spot for Atlanta.

As for the Cavaliers, their cap situation makes it difficult for them to be too aggressive in free agency. Even if they waive J.R. Smith‘s non-guaranteed contract, they’re still right up against the tax line. A couple years ago, that wouldn’t have stopped them from adding another free agent or two, but ownership won’t want to risk repeater-tax penalties for the current roster.

If the Cavs waive and stretch a veteran, their mid-level exception could be in play, but for now I don’t expect them to be throwing any money at free agents.

Finally, the Nuggets essentially made their big free agency move when they decided to exercise Paul Millsap‘s $30MM+ team option for 2019/20. Denver still has enough wiggle room below the luxury-tax line to use its mid-level exception, though Trey Lyles remains a wild card. Lyles is a restricted free agent with a $4.5MM qualifying offer, and the Nuggets may ultimately have to choose between retaining him and using their full mid-level, assuming they want to stay below the tax.

Still, the Nuggets should have enough room to add a lower-cost free agent or two if they want to. A Denver Post report last weekend suggested the team would be on the lookout for a combo guard, a wing defender, and/or another big man.

Photo courtesy of USA Today Sports Images.

Michael Porter Jr. Unlikely To Play In Summer League Due To Knee Sprain

Nuggets fans excited to see Michael Porter Jr.‘s long-awaited professional debut in Las Vegas Summer League play may have to wait until the fall to last year’s first-round pick take the court.

A league source tells Mike Singer of The Denver Post that Porter suffered a left knee sprain during a scrimmage on Wednesday night and is unlikely to play in Summer League.

As Singer explains, the knee injury isn’t expected to be a long-term issue, but the Nuggets want to play it safe with the young forward, who was selected 14th overall in 2018. After missing all of his rookie season last year while recovering from back surgery, Porter looked “excellent” in recent weeks during five-on-five scrimmages, writes Singer.

It’s an unfortunate development for those of us who were looking to see how Porter looked this month in Las Vegas. Top 2019 draft picks like Ja Morant (Grizzlies) and Darius Garland (Cavaliers) are also considered unlikely to take the court in Vegas as they continue to get healthy.

Sixers Discussing Extension With Ben Simmons, Nuggets Begin Talks With Jamal Murray

The Sixers have begun contract extension talks with Ben Simmons and his agent Rich Paul, Adrian Wojnarowski of the ESPN.com reports (Twitter link). Sham Charania of The Athletic tweets that the Nuggets have starting discussing an extension with Jamal Murray and his agent, Mike George of One Legacy.

Players from the 2016 draft class who remain on their original rookie deal are eligible to sign extensions this summer. Simmons was the No. 1 overall pick from the draft and Murray was the No. 7 overall selection.

Assuming a projected salary cap of $117MM for the 2020/21 season, the total max value of an extension for either player is approximately $170MM over five seasons.

Each player had arguably had their most successful campaign in 2018/19. Both the Nuggets and Sixers made it to the Game 7 of the second round of the playoffs, each falling in heartbreaking fashion.

Free Agent Rumors: Middleton, Butler, Kanter, Temple

According to Marc Stein of The New York Times, the quietness surrounding the free agency destination of Bucks’ All-Star forward Khris Middleton is because interested front offices are universally presuming that Middleton is going back to Milwaukee on a “monster” five-year deal.

Middleton, 27, is eligible to sign a five-year, $189.904MM maximum-salary contract with the Bucks, while rival suitors can only (relatively speaking, of course) offer up to $140.791MM over four years.

Echoing Stein’s sentiment from rival front offices, Gery Woelfel of Woelfel’s Press Box reports that Middleton is expected to re-sign with Milwaukee, adding that Brook Lopez and George Hill are also considered good bets to return.

Malcolm Brogdon Gets Qualifying Offer From Bucks

The Bucks took the decision down to the wire, but they have extended a qualifying offer to Malcolm Brogdon that makes him a restricted free agent, tweets Chris Haynes of Yahoo Sports. Brogdon’s offer is $3,021,354, according to Basketball Insiders, and that will also count as his cap hold.

The 2017 Rookie of the Year has been limited by injuries the past two seasons. He put up a 15.6/4.5/3.2 line in 64 games before suffering a minor plantar fascia tear in his right foot in March. Brogdon has earned a reputation as one of the NBA’s most efficient shooters, averaging 51% from the field, 43% from 3-point range and a league-best 93% from the foul line this year.

The Bucks may be reluctant to match a huge offer for Brogdon when they have other free agent concerns in Khris Middleton and Brook Lopez. The Suns, Bulls, Mavericks and Pacers have been mentioned among interested teams, but there are lingering concerns about the long-term condition of his foot.

There are a few more decisions on qualifying offers to catch up on:

  • The Nuggets extended a QO to two-way player Brandon Goodwin, tweets Keith Smith of Yahoo Sports. The point guard got into 16 NBA games during his rookie season.
  • The Hawks opted not to give a QO to Justin Anderson, making him an unrestricted free agent, according to Chris Vivlamore of the Journal Constitution (Twitter link). Anderson appeared in 48 games for Atlanta after being acquired in a trade with the Sixers last summer.
  • Jerian Grant will also be an unrestricted free agent after the Magic passed on a QO, tweets TNT’s David Aldridge. Acquired from the Bulls during the offseason, Grant appeared in 60 games for Orlando.
  • The Clippers didn’t extend a QO to G League Rookie of the Year Angel Delgado, tweets Michael Scotto of The Athletic.
  • Rockets two-way players Trevon Duval and Vince Edwards didn’t receive qualifying offers, and neither did Warriors two-way player Marcus Derrickson, according to Keith Smith. However, Damion Lee – Golden State’s other two-way player – received a QO (Twitter links).

Nuggets Extend Qualifying Offer To Trey Lyles

The Nuggets remain busy ahead of free agency. Denver exercised the $30.35MM team option on Paul Millsap earlier today and ESPN’s Adrian Wojnarowski tweets that the team will extend a qualifying offer to Trey Lyles.

Lyles’ qualifying offer comes in at approximately $4.46MM. After exercising Millsap’s option, the team won’t sniff any available cap space, though they still have to be wary about staying below the tax line.

Lyles came to the Nuggets during the 2017 draft as part of a trade that allowed the Jazz to move up to No. 13 overall. Utah selected Donovan Mitchell with the pick and Denver came away with Tyler Lydon at No. 24.

During his two years in Denver, Lyles played 137 games, starting four contests. His showcased solid three-point shooting to begin his career, though he hasn’t matched or surpassed his career-high 38.3% from behind the arc since his rookie season.

Nuggets Exercise Paul Millsap’s Team Option

12:48pm: The Nuggets have made it official, announcing in a press release that they’ve picked up Millsap’s option.

11:54am: The Nuggets are picking up their team option for 2019/20 on big man Paul Millsap, reports ESPN’s Adrian Wojnarowski (via Twitter). The option will pay Millsap $30.35MM for next season, per ESPN’s Bobby Marks.

[RELATED: NBA Team Option Decisions For 2019/20]

Millsap, 34, played a slightly reduced role for Denver in 2018/19. His 12.6 PPG and 27.1 MPG were his lowest marks since the 2009/10 campaign. However, his interior presence helped stabilize the Nuggets’ defense, and he also chipped in as a rebounder (7.2 RPG) and outside threat (.365 3PT%).

There was some uncertainty over whether the Nuggets would exercise Millsap’s option, given its cost. The team was believed to be exploring whether turning down that option and bringing back Millsap on a more favorable multiyear contract was possible. However, as Marks points out (via Twitter), a deal along those lines would have cut into Denver’s projected cap space for 2020, which may represent the club’s best chance to spend.

If Denver had decided to move on from Millsap altogether, the team could have opened up about $17MM in cap room to pursue an outside free agent. Instead, as Wojnarowski tweets, the Nuggets are in position to potentially use their full mid-level exception ($9.25MM) and still sneak under the projected tax line.

Millsap, meanwhile, is now on track to reach the unrestricted free agent market in 2020 at age 35.

Today represents the last day for clubs to exercise team options or for veterans to pick up player options, so the Nuggets took their decision on Millsap down to the wire.

Photo courtesy of USA Today Sports Images.

Nuggets Prepared To Pay $30MM For Millsap?

The Nuggets are prepared to potentially account for Paul Millsap‘s $30MM team option on their 2019/20 cap if they don’t believe they’ll be able to negotiate a new, more favorable deal with the big man in free agency, ESPN’s Adrian Wojnarowski suggested as part of the network’s free agency special on Tuesday night (video link).

While the Nuggets would have limited cap flexibility this summer with Millsap’s $30MM on their books, the club values him and wants to bring him back, according to both Woj and ESPN’s Zach Lowe.

Details On Bol Bol Trade

  • In the deal that saw them send the draft rights to Bol Bol (No. 44 pick) to the Nuggets, the Heat received $1.2MM in cash and will get either the Nuggets’ or Sixers’ 2022 second-round pick (whichever is lower), Pincus reports (via Twitter).

Budenholzer Named Coach Of Year

The Bucks’ Mike Budenholzer was named Coach of the Year at NBA’s annual awards show on Monday.

The former Hawks coach was hired last summer and guided Milwaukee to the league’s best record. The Bucks became an offensive juggernaut under his watch, scoring a league-best 118.1 points per game.

The Nuggets’ Michael Malone and Clippers’ Doc Rivers were the other finalists.

Budenholzer was also named Coach of the Year in 2015 with Atlanta. He was also Hoops Rumors’ consensus choice this year.