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2019 NBA Offseason Salary Cap Digest: Denver Nuggets

May 21st, 2019 at 11:03am CST by Luke Adams

After narrowly missing the playoffs in 2018, the Nuggets expressed confidence in their core by bringing back virtually the same group, and that bet paid off to the tune of 54 regular-season victories, the No. 2 seed in the West, and the club’s first playoff series win since 2009. The Nuggets will count on continued improvement from some of their young players going forward, but the team may also have a little flexibility to add more reinforcements.

Here’s where things currently stand for the Nuggets financially, as we continue our Offseason Salary Cap Digest series for 2019:

Guaranteed Salary

Player Options

  • None

Team Options

Non-Guaranteed Salary

  • None

Restricted Free Agents

Unrestricted Free Agents / Other Cap Holds

Projected Salary Cap: $109,000,000
Projected Tax Line: $132,000,000

Offseason Cap Outlook

  • Cap room projection w/Millsap: $0
  • There are few wild cards on the Nuggets’ books this offseason, but Millsap is a big one. Even if his $30MM option for 2019/20 is declined – which is a safe bet – re-signing him to a more modest deal would likely eat up any available cap room and make Denver an over-the-cap team. In that scenario, the Nuggets would have the mid-level ($9.25MM) and bi-annual ($3.62MM) exceptions available, along with a series of trade exceptions, detailed below.
  • Cap room projection w/o Millsap: $17MM
  • On the other hand, if Millsap is renounced, the team could create up to about $17MM in space without shedding any other salaries. That’s not enough to contend for maximum-salary free agents, but the players a notch or two below that tier could be within reach.

Cap Exceptions Available

  • Trade exception: $12,800,562 (expires 7/8/19)
  • Trade exception: $13,764,045 (expires 7/15/19)
  • Trade exception: $5,919,961 (7/15/19)
  • Mid-level exception: $9,246,000 4
  • Bi-annual exception: $3,619,000 4

Footnotes

  1. The salaries for two-way players don’t count against a team’s cap, but their cap holds do during the offseason.
  2. Because Lydon’s fourth-year rookie scale option was declined, the Nuggets are ineligible to offer him a starting salary greater than his cap hold.
  3. The cap hold for Jefferson remains on the Nuggets’ books because he hasn’t been renounced after going unsigned in 2018/19. He can’t be used in a sign-and-trade deal.
  4. These are projected values. In the event the Nuggets use cap room, they’d lose these exceptions, plus their trade exceptions, and would instead would gain access to the $4,760,000 room exception.

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

Salary information from Basketball Insiders, ESPN.com, and RealGM was used in the creation of this post. Photo courtesy of USA Today Sports Images.

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Tim Connelly To Remain With Nuggets

May 20th, 2019 at 8:55am CST by Luke Adams

Despite reportedly receiving an offer from his hometown Wizards to run their front office, Tim Connelly has elected to remain in Denver as the Nuggets‘ president of basketball operations, reports ESPN’s Adrian Wojnarowski (via Twitter).

Connelly was long rumored to be Washington’s top candidate to replace Ernie Grunfeld this spring, and after his Nuggets were eliminated from the postseason, Connelly agreed to meet with the Wizards. There was a sense that the veteran executive wouldn’t have been receptive to overtures from any other team, but his ties to the D.C. area made the Wizards’ job intriguing.

Wizards owner Ted Leonsis and advisor Mike Forde reportedly met with Connelly on Friday, and reports indicated that the team offered a four-year contract that was in the ballpark of what Connelly was seeking financially. However, there are conflicting reports on that front, with some sources telling Candace Buckner of The Washington Post (Twitter link) that the Wizards never extended a formal offer, despite discussing the job with Connelly.

According to Wojnarowski (via Twitter), Connelly was impressed with Leonsis’ vision for the Wizards, but Nuggets president Josh Kroenke made an “aggressive case” to retain his president of basketball operations over the weekend. As Chris Dempsey of Nuggets.com tweets, Connelly has been big on finishing what he started in Denver and wants to try to keep improving a team that came within a game of reaching the Western Conference Finals this season.

Connelly has been the Nuggets’ head of basketball operations since Masai Ujiri‘s departure in 2013. After first assuming the role of general manager, he was later promoted to the president of basketball operations position, with right-hand man Arturas Karnisovas sliding into the GM job. Karnisovas was viewed as Connelly’s likely replacement if he had accepted the Wizards’ offer, but it appears both men will continue on with the Nuggets.

As for the Wizards, they have interviewed several other candidates for their head of basketball operations job. Thunder executive Troy Weaver and former Hawks and Cavaliers GM Danny Ferry have each reportedly met twice with Washington. Tommy Sheppard, who is running the Wizards’ front office on an interim basis, is also a candidate to secure the position on a permanent basis.

Wojnarowski tweets that the Wizards will likely turn back to that short list now that Connelly is out of the running.

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Deveney, Singer Preview Nuggets' Offseason

May 18th, 2019 at 11:16am CST by Luke Adams
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Wizards Offer Tim Connelly Top Front Office Post

May 17th, 2019 at 4:13pm CST by Dana Gauruder

The Wizards have offered their top front-office job to Nuggets president Tim Connelly, Shams Charania of The Athletic tweets in conjuction with The Athletic’s David Aldridge and Fred Katz.

The Wizards have offered Connelly a four-year contract that is in the ballpark financially of what Connelly was seeking, Chris Mannix of Sports Illustrated tweets. Connelly was looking for a five-year deal but is seriously mulling the offer, Mannix adds. Connelly met today with Wizards owner Ted Leonsis and advisor Mike Forde.

The four-year offer would coincide with the timeline for John Wall‘s super-max deal, Michael Lee of The Athletic notes in a tweet. Connelly or whoever takes the job will have to be creative in their roster construction due to the uncertainty of Wall’s health and his ability to return to All-Star status, Lee adds.

The Washington Post’s Candace Buckner speculated earlier on Friday that Washington would likely have to offer Connelly $4MM+ annually over five years to get him to leave Denver.

The Nuggets granted the Wizards permission to interview Connelly because of his ties to the Mid-Atlantic region and some extenuating family considerations, according to an ESPN report.

Denver could replace Connelly with GM Arturas Karnisovas if Connelly accepts the Wizards’ offer. It’s possible that draft-pick compensation could be involved if the Wizards hire Connelly away from the Nuggets, as Fred Katz of The Athletic points out.

The Wizards dismissed Ernie Grunfeld in early April. Tommy Sheppard has been running the front office on an interim basis.

Connelly has been running the Nuggets since the summer of 2013.

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Wizards Meeting With Nuggets’ Tim Connelly

May 17th, 2019 at 9:32am CST by Luke Adams

9:32am: Connelly will meet today with Wizards owner Ted Leonsis and advisor Mike Forde, tweets Candace Buckner of The Washington Post. As Buckner explains, there has been a belief that Connelly didn’t want to interview for the job like a traditional applicant would, which is a signal that this meeting is serious.

Buckner adds (via Twitter) that Washington would likely have to offer Connelly $4MM+ annually over five years to get him to leave Denver.

7:32am: The Wizards have requested and received permission to meet with Nuggets president of basketball operations Tim Connelly to discuss their own head of basketball operations vacancy, reports ESPN’s Adrian Wojnarowski. League sources tell Wojnarowski that the two sides could meet as soon as Friday.

NBA teams have the right to deny their executives permission to interview for a job with a rival club, particularly if it would be perceived as a lateral move. However, as Wojnarowski explains, Connelly has “deep ties to the Mid-Atlantic region and some extenuating family considerations,” so the Nuggets won’t stop him from exploring the opportunity. The Baltimore native likely wouldn’t have considered overtures from any team besides the Wizards, Woj notes.

The Nuggets are confident in the ability of general manager Arturas Karnisovas to assume control of their basketball operations if Connelly does decide to leave Denver, sources tell Wojnarowski. Connelly was initially elevated to his position after Masai Ujiri left for Toronto under similar circumstances, so the Nuggets have been in this position before.

It’s possible that draft-pick compensation could be involved if the Wizards hire Connelly away from the Nuggets, as Fred Katz of The Athletic points out.

The Wizards, who have been in the market for a new head of basketball operations since dismissing Ernie Grunfeld before the end of the regular season, will likely have to offer a substantial raise to lure Connelly away from Denver, as Chris Mannix of SI.com (Twitter link) and Katz observe. He’s believed to be earning a salary in the range of $2MM per year with the Nuggets.

While the Wizards have been conducting their search for Grunfeld’s replacement, Tommy Sheppard has been running the front office on an interim basis. Sheppard is under consideration for the permanent job, as are Thunder VP of basketball operations Troy Weaver and veteran executive Danny Ferry. Both Weaver and Ferry met with the Wizards for second interviews, according to reports from Katz and Shams Charania at The Athletic and Candace Buckner of The Washington Post.

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Draft Notes: Reddish, Clarke, Paschall

May 16th, 2019 at 10:47pm CST by ChrisCrouse

Cam Reddish met with the Lakers during the draft combine, Tania Ganguli of the Los Angeles Times reports (Twitter link). Los Angeles owns the No. 4 overall pick and the organization apparently sent all stakeholders to the meeting. When asked who was there, Reddish replied, “Everybody, you name it.”

Reddish also sat down with the Bulls this week, K.C. Johnson of the Chicago Tribune tweets.  He has a meeting set up with the Cavaliers on Friday, as we passed along earlier today.

There are more draft notes to pass along:

  • Brandon Clarke (Gonzaga) met with the Timberwolves today and the forward feels like they had a “really, really good talk,” as Dane Moore of Zone Coverage tweets. “Obviously, I think I would love playing with KAT,” Clarke said. The 22-year-old will work out for Minnesota in June.
  • Clarke’s first workout will be with the Hornets and Rick Bonnell of the Charlotte Observer reports (Twitter link) that the team “clearly” has interest in him. Clarke, who met with Charlotte during the combine, will also meet with the Suns, per Gina Mizell of The Athletic (Twitter link).
  • Gary Washburn of the Boston Globe tweets that Clarke will work out for the Celtics. The forward also has a workout set up with the Heat, per Ira Winderman of the Sun Sentinel (Twitter link).
  • Villanova’s Eric Paschall is performing some personal PR, checking through his social media to make sure he hasn’t tweeted out anything a team might deem as a red flag. “I thought I was in the clear… In today’s age, social media is everything,” Paschall said, as Mike Vorkunov of the Athletic passes along (Twitter link). Paschall has met with the Suns, Wizards, Spurs, Warriors, Nuggets and Lakers. He’ll add the Pacers to that list on Friday.
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Juan Hernangomez Undergoes Surgery For Core Muscle Injury

May 16th, 2019 at 12:20pm CST by Luke Adams

Nuggets power forward Juan Hernangomez has undergone successful surgery to repair a core muscle injury, the team announced today in a press release. The procedure was performed on Thursday morning in Philadelphia.

The Nuggets didn’t announce a recovery timetable for Hernangomez, but T.J. McBride of Mile High Sports points out (via Twitter) that the 23-year-old told reporters at season’s end that he expects to head back to Spain after two or three weeks in Denver. So it sounds as if he’ll complete his rehab in his home country before potentially suiting up for Spain in the World Cup in September.

Hernangomez was a regular part of Denver’s rotation in 2018/19, averaging 5.8 PPG and 3.8 RPG with a .439/.365/.767 shooting line in 70 games (19.4 MPG).

Although his overall numbers were solid, Hernangomez was far more effective in the first half of the season. He recorded 10.2 PPG and 5.8 RPG on .485/.431/.795 shooting through December 31, then was “clearly hampered” by his injury down the stretch, tweets Nick Kosmider of The Athletic.

Hernangomez will earn about $3.32MM in the final year of his rookie contract in 2019/20. He’ll be eligible for restricted free agency a year from now if he doesn’t agree to an extension with the Nuggets during the 2019 offseason.

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Wizards' Eyeing Connelly

May 15th, 2019 at 8:39pm CST by clarkcrum

Now that the Nuggets’ season is over after a thrilling seven-game series loss to Portland, the Wizards are ramping up their efforts to hire Denver’s current president of basketball operations Tim Connelly to the same position in Washington, per Ben Standig of NBC Sports Washington.

While there were questions as to why the Wizards would wait until the Nuggets’ season was over to pursue Connelly, Standig notes that Connelly wasn’t expected to fully explore a move until the Nuggets’ playoff run ended, despite reportedly having interest in running the Wizards.

The Nuggets appear to have an extremely bright future, but Connelly is from Baltimore and began his front office career in Washington in 1996 when he was hired as intern before working his way up to director of player personnel under then-general manager and Wizards’ legend Wes Unseld.

The Nuggets have been in a similar situation as this before. Back in 2013, Nuggets’ GM Masai Ujiri took the same position with the Raptors after team owner Stan Kroenke acquiesced to Ujiri’s desire to return to Toronto. It will interesting to see if a similar situation will arise with Connelly and the Wizards.

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2019 NBA Draft Picks By Team

May 15th, 2019 at 2:19pm CST by Luke Adams

While the Sixers and Celtics suffered disappointing losses in the Eastern Conference Semifinals and face uncertain futures, both teams can at least fall back on the fact that they’re still loaded with draft assets. Philadelphia and Boston are two of only three NBA teams – the Hawks are the other – that possess at least four picks in the 2019 NBA draft.

As our full 2019 draft order shows, there are five other teams that more than two selections in this year’s draft. On the other end of the spectrum, nine teams own just one pick in 2018, while two teams – the Nuggets and Rockets – don’t have any selections.

To present a clearer picture of which teams are most – and least – stocked with picks for the 2019 NBA draft, we’ve rounded up all 60 picks by team in the space below. Let’s dive in…

Teams with more than two picks:

  • Atlanta Hawks (5): 8, 10, 35, 41, 44
  • Philadelphia 76ers (5): 24, 33, 34, 42, 54
  • Boston Celtics (4): 14, 20, 22, 51
  • New Orleans Pelicans (3): 1, 39, 57
  • Charlotte Hornets (3): 12, 36, 52
  • Brooklyn Nets (3): 17, 27, 31
  • San Antonio Spurs (3): 19, 29, 49
  • Sacramento Kings (3): 40, 47, 60

Teams with two picks:

  • New York Knicks: 3, 55
  • Cleveland Cavaliers: 5, 26
  • Phoenix Suns: 6, 32
  • Chicago Bulls: 7, 38
  • Minnesota Timberwolves: 11, 43
  • Detroit Pistons: 15, 45
  • Orlando Magic: 16, 46
  • Indiana Pacers: 18, 50
  • Utah Jazz: 23, 53
  • Golden State Warriors: 28, 58
  • Los Angeles Clippers: 48, 56

Teams with one pick:

  • Memphis Grizzlies: 2
  • Los Angeles Lakers: 4
  • Washington Wizards: 9
  • Miami Heat: 13
  • Oklahoma City Thunder: 21
  • Portland Trail Blazers: 25
  • Milwaukee Bucks: 30
  • Dallas Mavericks: 37
  • Toronto Raptors: 59

Teams with no picks:

  • Denver Nuggets
  • Houston Rockets
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Schubert: Possible FA Targets For Nuggets

May 15th, 2019 at 12:47pm CST by Luke Adams
  • Matt Schubert of The Denver Post identifies a few players who might be free agent targets for the Nuggets this summer. While Denver will be able to open up some cap room, the team is unlikely to have more than about $18MM available even without Paul Millsap on the books. As such, some of Schubert’s proposed targets – including Khris Middleton – may be long shots.
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