Nuggets Rumors

Western Notes: Cousins, Levien, Montero

Kings coach George Karl admits talking hypothetical DeMarcus Cousins trades “behind closed doors,” but Karl tells Ken Berger of CBSSports.com that he rejects the notion that he was actively trying to trade the center.  “As a coach, in meetings every year and maybe four or five times a year, you talk about what-ifs,” Karl said. “And 99% of what-ifs never happen. But isn’t it our job to talk about what-ifs? Does this make us better? Does this get us in a better place? That’s our job. There was never a discussion in that area even close to happening, in my opinion. … Never in the whole time of this experience did I ever think that I wasn’t going to coach Cuz.

Here’s what else is happening around the Western Conference:

  • Jason Levien has become an unofficial adviser to Kings owner Vivek Ranadive, Scott Howard-Cooper of NBA.com tweets. Levien was formerly the CEO of the Grizzlies, as well as a former Sacramento assistant GM, Howard-Cooper notes.
  • The Wolves were able to create a traded player exception worth $5MM as a result of dealing Chase Budinger to the Pacers, Eric Pincus of Basketball Insiders notes (Twitter link).
  • Danny Green said that LaMarcus Aldridge contacted him during the free agent process to pick his brain about the Spurs, Jeff McDonald of The San Antonio Express News tweets. Green also noted that the possibility of playing alongside Aldridge factored heavily into his decision to re-sign with the Spurs, McDonald adds.
  • The Trail Blazersdeal with Luis Montero is a three year arrangement with the first season partially guaranteed, according to former Nets executive Bobby Marks (Twitter links).
  • The Thunder have removed forward Steve Novak from the trading block, Chris Mannix of SI.com relays. OKC was reportedly seeking financial relief and was willing to flip Novak in exchange for a future draft pick.
  • Wilson Chandler‘s contract renegotiation and extension with the Nuggets will pay him $10.4MM in 2015/16, $11.2MM for 2016/17, $12.0MM in 2017/18, and $12.8MM during the final season, Pincus notes (Twitter links).

Chuck Myron contributed to this post.

Northwest Notes: Lawson, Garnett, Ingles

Ty Lawson was arrested early this morning on suspicion of DUI, his second DUI-related arrest in six months, report Jesse Paul and Christopher Dempsey of The Denver Post. Lawson’s name has come up frequently in trade chatter since before the February deadline, and the teams with interest were waiting for Denver to reduce its price for the point guard, tweets Adrian Wojnarowski of Yahoo! Sports, adding that today’s news devastates Lawson’s trade value. The Kings were reportedly one of those teams eyeing him and spoke with the Nuggets before the draft, but his off-court issues were a major reason why Sacramento wasn’t willing to give up the No. 6 pick in exchange for him, according to Jason Jones of The Sacramento Bee (Twitter link).

Here’s the latest out of the Northwest Division:

  •  Jazz GM Dennis Lindsey said that the team’s roster is relatively set for the 2015/16 season, but the team could look to use its available cap space at the trade deadline to add a player who could help the team, Jody Genessy of The Deseret News relays (Twitter links).
  • Joe Ingles‘ base salary with the Jazz on his new contract is $4.1MM but can he increase that payout to $4.4MM via $150K per season worth of performance-based incentives that are included in his deal, Eric Pincus of Basketball Insiders relays (Twitter links). This makes Ingles’ cap number for the 2015/16 season $2.15MM, as the NBA deems $100k worth of the incentives likely to be attained, and his 2016/17 cap number will range from $2.05-$2.20MM, Pincus adds.
  • Kevin Garnett‘s two-year deal with the Timberwolves will pay him $8.5MM for the 2015/16 campaign and $8MM in 2016/17, Pincus tweets.

Chuck Myron contributed to this post.

Multiple Teams Eye Carlos Boozer

July 13th, 9:15pm: The Nuggets and Knicks, in addition to the Pelicans, Clippers, Raptors and Spurs, are interested in Boozer, according to Michael Scotto of Sheridan Hoops (Twitter link).

1:21pm: The interest between Boozer and the Clippers is mutual, a source tells Ben Bolch of the Los Angeles Times (Twitter link).

July 7th, 1:12pm: The Pelicans are also showing interest, Broussard tweets. His latest dispatch doesn’t include the Spurs, so it’s unclear if they’re still in the mix after reaching a deal with David West.

July 6th, 1:21pm: Free agent Carlos Boozer is in talks with the Clippers, Spurs, Mavericks and Raptors, sources tell Chris Broussard of ESPN.com (Twitter link). Ramona Shelburne of ESPN.com first reported that the Spurs had expressed interest, while Broussard identified San Antonio and Dallas on the eve of free agency as teams that were poised to pursue the Rob Pelinka client, along with the Nets, Rockets, Heat and incumbent Lakers.

The Mavs and Spurs would appear to have the most to spend among the four teams that Broussard reports in connection with Boozer today, as they have the $2.814MM room exception at their disposal. However, it seems Dallas is nearing a deal for that exception amount, and San Antonio reportedly has interest in David West, perhaps at that same price point. It looks like Toronto has its room exception earmarked for Bismack Biyombo, while the Clippers have $2.088MM left on their mid-level in the wake of Paul Pierce‘s deal and the departure of DeAndre Jordan.

Boozer, who’ll turn 34 in November, expressed a willingness to take a bench role as he expressed his desire to re-sign with the Lakers. Someone close to the power forward told Barry Jackson of the Miami Herald that he wouldn’t be surprised if Boozer signed with the Heat this summer, though it’s unclear if either the Lakers or the Heat still have interest.

Latest On Danilo Gallinari

3:44pm: Multiple sources who spoke with Bulpett raised the possibility that the Celtics and Nuggets will revive the talks, and the sense among many executives from around the league is that teams are more willing to talk trade now that most top-tier free agents have committed to teams, as Bulpett writes.

2:53pm: The Celtics and Nuggets had talks about a Danilo Gallinari deal, but that discussion is no longer active, tweets Steve Bulpett of the Boston Herald, who cautions that conflicting information is swirling around the seven-year veteran. Some say that the Nuggets aren’t looking to trade him, while others insist that Denver is at least open to the idea, Bulpett adds (on Twitter). It’s unclear just how recently the Celtics and Nuggets talked.

The Nuggets were reportedly shopping Gallinari shortly before the draft, and while it’s seemed as though Gallinari has been among the least likely Nuggets to be subject to trade, little is certain in Denver. The Grizzlies were apparently one of the teams in pursuit of the sharpshooting small forward in advance of the draft. Gallinari is entering the final season of his contract with a salary worth more than $11.559MM.

Boston doesn’t have the cap flexibility to absorb him into cap space or any of the trade exceptions that the Celtics forfeited when they dipped under the cap for the first time in several years, so the Celtics would almost certainly have to send salary back to Denver. The Nuggets have been active in recent days after a slow start to free agency, reaching agreements with Will Barton and Jameer Nelson and pulling off a rare renegotiation/extension of Wilson Chandler‘s contract. Nelson’s deal, and the one for draft-and-stash prospect Nikola Jokic, will make it a tight squeeze to fit Chandler’s new deal under the cap without some more salary clearing moves, even in the wake of the team’s release of Jamaal Franklin.

 

Nuggets Waive Jamaal Franklin

The Nuggets have waived Jamaal Franklin, as Eric Pincus of Basketball Insiders tweets and as the RealGM transactions log shows. The team has yet to make any formal announcement, but it appears the move has indeed taken place. Franklin, whom Denver signed during the final week of the regular season to a three-year deal, didn’t have any guaranteed salary remaining on his contract. He’ll become a free agent, assuming he clears waivers.

Franklin’s release may well be part of an effort to clear cap room to accommodate the extension and renegotiation of Wilson Chandler‘s contract. The Nuggets also released their cap holds for Darrell Arthur, Rudy Fernandez, Ian Clark, Wesley Person and Jan Vesely, Pincus notes (Twitter link). Dropping Franklin’s $947,276 minimum salary brings Denver’s cap figure to $64,149,043, based on the data that Pincus has compiled. That leaves $5,850,957 under the $70MM cap to add to Chandler’s $7,171,662 salary, enough to bring it to $13,022,619, which would be a front-loaded figure for the first season of Chandler’s new deal, which reportedly is to give him $46MM over the next for years. That isn’t necessarily the reason for Franklin’s release, as Denver doesn’t have to front-load the Chandler deal. The Nuggets have already officially announced Chandler’s new deal, but RealGM nonetheless doesn’t show the move having taken place just yet, leaving room for Denver to make moves to clear the way for it.

Franklin, who turns 24 this month, is just two years removed from having been the 41st overall pick in 2013. The Grizzlies waived him using the stretch provision last summer, so the Brian Elfus client continue to pick up NBA paychecks through 2018/19. The shooting guard spent time playing in China and for the Lakers D-League affiliate last season before the Nuggets picked him up.

Northwest Notes: Blazers, Hummel, Garnett

Damian Lillard said there was no way to prevent LaMarcus Aldridge from bolting the Trail Blazers for the Spurs, Marc J. Spears of Yahoo Sports reports. Lillard told Spears that Aldridge wanted a change and was seeking a franchise that was closer to winning a championship. Lillard added that Aldridge had no issues with him. “We basically exchanged texts about how much admiration we have for each other,” Lillard told Spears. “That change wasn’t about me. I did express that I wanted him to be back. I told him I respected his decision. I respected that he told me before the news broke and I saw it on TV.”

In other news around the Northwest Division:

  • The Trail Blazers and Nuggets are among the teams interested in signing Robbie Hummel, Darren Wolfson of 1500 ESPN Twin Cities tweets. The Kings and Cavaliers are also in the mix, Wolfson adds, but the two Northwest teams are the ones with the greater interest. Hummel became an unrestricted free agent when the Timberwolves pulled their $1.147MM qualifying offer.
  • Kevin Garnett has a full no-trade clause in his new contract, thanks to his service time during his first stint with the Timberwolves, according to Marc Stein of ESPN.com (Twitter links). Players can only get full no-trades in a new contract, not extensions, and must have at least eight years service time and four with the same team, Stein adds in a separate tweet. Garnett agreed to a two-year, $16.5MM deal.
  • The Timberwolves should receive a trade exception for all of Chase Budinger‘s $5MM salary, Eric Pincus of Basketball Insiders tweets. Minnesota agreed to deal Budinger to the Pacers on Saturday.
  • The Nuggets didn’t waive Randy Foye by the end of Saturday, so his non-guaranteed salary of $3.135MM is now fully guaranteed (hat tip to former Nets executive Bobby Marks; Twitter link).

Wilson Chandler Signs Extension With Nuggets

The Nuggets have signed a multi-year extension with Wilson Chandler, the team announced. The extension will pay him $46MM over four years, tweets Adrian Wojnarowski of Yahoo Sports. Before the extension, Chandler was set to make close to $7.172MM next season.

Because the Nuggets were under the cap, they were able to renegotiate Chandler’s contract, according to former NBA executive Bobby Marks (Twitter link). They were able to deal with him like a free agent although he was already under contract with the team. Marks says Chandler and Danilo Gallinari are the only players eligible for renegotiation (Twitter link). He adds that today’s deals with Chandler and Will Barton means there is a “strong chance” that Denver will have to renounce some of its free agents, possibly Darrell Arthur (Twitter link).

Chandler averaged 13.9 points, 6.1 rebounds and 1.8 assists in 78 games with the Nuggets this season. He came to Denver in a 2011 trade after being drafted by the Knicks with the 23rd pick in 2007. He also briefly played for the Zhejiang Guangsha Lions of the Chinese Basketball Association.

Southwest Notes: Parsons, Asik, Aldridge

In a candid Q&A session with Tim MacMahon of ESPNDallas.com, Mavs forward Chandler Parsons detailed the team’s recruitment of DeAndre Jordan, and expressed his disappointment with the center re-signing with the Clippers. When asked about his reaction to Jordan spurning Dallas, Parsons told MacMahon, “I’m shocked, very disappointed, frustrated, disrespected. This is something that I’ve never seen in my career, and I know that it doesn’t happen very often. When a man gives you his word and an organization his word, especially when that organization put in so much effort and I walked him through this process and was very, very open and willing to work with him, it’s just very unethical and disrespectful.

Here’s more from the Southwest Division:

  • It’s the Spurs‘ own 2016 second-rounder headed to Sacramento in the Ray McCallum trade, according to RealGM.
  • The protection on the 2017 second-round pick headed from the Hawks to the Spurs in the Tiago Splitter trade is for the top 55 picks, as RealGM details.
  • The four-year max deal that Wesley Matthews signed with the Mavs includes a player option after year three, Eric Pincus of Basketball Insiders relays (Twitter link).
  • The final season in Omer Asik‘s five-year deal with the Pelicans is an early termination option. That season is partially guaranteed for $3MM, though he can end up with a larger partial guarantee if he triggers incentives, Pincus notes (Twitter links).
  • The Grizzlies used the mid-level exception for their deal with Brandan Wright. Pincus pegs its value at $17.1MM, though he’s probably rounding down from $17,129,640, the full value of the mid-level over three years. Wright also has a 15% trade kicker.
  • Alexis Ajinca‘s four-year deal with the Pelicans is worth $19.2MM, tweets Pincus.
  • The starting salary in Patrick Beverley‘s deal with the Rockets is $6,486,486, but that’s a function of front-loading. It’s worth a total of $23MM over four years, Pincus relays (on Twitter).
  • LaMarcus Aldridge has a 15% trade kicker in his max deal with the Spurs, notes Pincus (via Twitter).
  • The Mavs considered trying to swing a trade for Nuggets point guard Ty Lawson before Deron Williams reached a buyout arrangement with the Nets, MacMahon tweets. Williams is expected to sign with Dallas if he clears waivers, which is highly likely given the point guard’s player-friendly contract.

Chuck Myron contributed to this post.

Salary Cap Higher Than Expected For 2015/16

The NBA’s salary cap for 2015/16 will be $70MM, an 11% increase from this past season, and the luxury tax line will be $84.74MM, as sources tell Adrian Wojnarowski of Yahoo Sports (Twitter links) and as the NBA confirms (hat tip to Sam Amico of Amico Hoops). The last cap projection from the league had been $67.1MM, and while Ken Berger of CBSSports.com reported last month that the cap might end up higher than that by $1-2MM, it appears the cap wound up surpassing even the most optimistic of expectations. The projection for the tax had been $81.6MM.

The figures mean the maximum salaries for this coming season are also higher than estimated, so LaMarcus Aldridge, Marc Gasol, Kawhi Leonard and others who’ve agreed to max contracts this month will see more than they thought. Leonard, among those eligible for the max reserved for players with fewer than seven years of experience, will see $16,407,500 as a starting salary on his deal, tweets Jeff Zillgitt of USA Today. The maximum starting salary for players with seven to nine years of experience, like Aldridge and Gasol, is $19,689,000, according to Zillgitt. No player with 10 or more years of experience has agreed to a max contract yet, but LeBron James almost certainly will. The maximum starting salary for those in his bracket is $22,970,500, as Zillgitt reveals in his tweet.

The higher cap will likely have a significant effect on the structure of the trade agreement that is to send Roy Hibbert to the Lakers, as Jake Fischer of SI Now tweets. It had been unclear whether the Lakers would have enough cap room to accommodate Hibbert’s salary of more than $15.5MM, so it was possible that L.A. would have to send players to Indiana as part of the deal, or ship players elsewhere. The Lakers were reportedly exploring trades that wound send out Robert Sacre, Ryan Kelly and Nick Young.

Other teams will benefit from the higher cap, and the higher tax line means less of a burden for the Bulls, Heat, Nets, Cavs, Warriors, and Thunder, all of whom are already in tax territory or are expected to get there. That’s especially so for Brooklyn and Miami, as both would pay repeat-offender tax penalties if they finished the regular season above that $84.74MM threshold. Teams that trigger a hard cap this year will have greater flexibility, since they can spend up to $88.74MM, $4MM above the tax line.

The league also tabulated final payrolls for each team from last season, revealing that players collectively made less than the 50.39% of basketball-related income that the collective bargaining agreement holds that they’re entitled to. Thus, the league will pay out the $57,298,826 shortfall to the union, which will distribute that amongst the players, as Zillgitt relays (Twitter link). Also, both the Magic and Nuggets fell shy of the $56.759MM minimum team salary. Orlando was $1.92MM short, so the players who finished the season on the Magic’s roster will split a $1.92MM payment from the team, salary cap expert Larry Coon tweets. Those on the Nuggets roster will share $773K, Coon adds. This year’s salary floor, locked in at 90% of the cap, will be $63MM, the NBA announced.

Today’s news doesn’t affect the amounts for exceptions, like the mid-level and biannual, and player minimum salaries, as the league and the players set them in stone when they negotiated the collective bargaining agreement in 2011. Thus, those figures have progressively less relative value as the cap rises from year to year.

This year’s cap increase, unlike those projected for years to come, isn’t a direct result of the league’s $24 billion TV deal, which doesn’t kick in until next July. Instead, it appears to be a function of higher than expected revenue during the 2014/15 season. The Warriors collected record gate receipts on their run to the Finals, as Grantland’s Zach Lowe reported, and it would seem likely that the NBA saw unforeseen money from other avenues, too.

Western Notes: Cuban, Stoudemire, Aldridge

The NBA has fined Mavericks team owner Mark Cuban $25k for publicly confirming the team’s pending free-agent deals with DeAndre Jordan and Wesley Matthews, Marc Stein of ESPN.com writes. Under league rules teams and players are allowed to strike verbal agreements on new contracts during July’s moratorium period, but team officials are not allowed to openly discuss those deals until July 9th, when the moratorium concludes, Stein adds. Cuban has accumulated over $2MM in league fines since becoming the Mavs’ owner back in 2000.

Here’s more from the Western Conference:

  • Unrestricted free agent Amar’e Stoudemire is talking with the Clippers regarding a deal, but Los Angeles’ difficult salary cap situation is complicating matters, Ben Bolch of The Los Angeles Times relays (on Twitter). The Clippers are also floating the idea of signing free agent center Cole Aldrich, Dan Woike of The Orange County Register tweets.
  • Ed Pinckney will serve as the lead assistant on coach Michael Malone‘s staff with the Nuggets, Ryan Wolstat of The Toronto Sun tweets.
  • LaMarcus Aldridge didn’t officially inform the Trail Blazers that he was leaving Portland until last Friday, though the team likely knew the forward wouldn’t be returning, Jason Quick of The Oregonian notes (via Twitter). The big man agreed to a four-year, and approximately $80MM deal with the Spurs.
  • Veteran Kevin Garnett may end up transitioning into a front office position during the second season of his new deal with the Wolves if he isn’t healthy enough to play in 2016/17, Jerry Zgoda of The Star Tribune writes (on Twitter). KG agreed to a two-year pact with the team earlier today.
  • Despite all of the roster additions the Mavericks have made this offseason, the team still may have lost ground to the other teams in the West who have also improved, especially the Spurs, who landed Aldridge, Eddie Sefko of The Dallas Morning News writes. But even if the team does regress in 2015/16, the additions of DeAndre Jordan and Wesley Matthews give the franchise two important building blocks for the future, Sefko adds.