Pistons Rumors

Pistons Buy Out Markieff Morris

2:49pm: The Pistons have made it official, announcing in a press release that they’ve bought out Morris. He’s on track to clear waivers on Sunday.

2:32pm: Just three days after buying out point guard Reggie Jackson, the Pistons have reached a buyout agreement with another veteran contributor, according to Shams Charania of The Athletic, who reports (via Twitter) that the club is buying out forward Markieff Morris.

Morris, 30, has appeared in 44 games for the Pistons this season, averaging 11.0 PPG and 3.9 RPG with a .450/.397/.772 shooting line in 22.5 minutes per contest.

Morris’ two-year contract with Detroit paid him $3.2MM this season and included a $3.36MM player option for next season. Presumably, if he had finished the season with the Pistons, he would have opted out and tested the free agent market, so it’ll be interesting to see how much money he gives up as part of the buyout agreement.

According to Charania (via Twitter), the Lakers have emerged as a frontrunner for Morris. That would add a new layer of intrigue to a potential Los Angeles showdown in the Western Conference playoffs, since the Clippers added Morris’ twin Marcus Morris in a deadline deal earlier this month.

The Raptors have also expressed interest in Markieff, Charania adds.

Pistons Sign Derrick Walton To 10-Day Deal

FEBRUARY 21: The Pistons have officially signed Walton to his 10-day contract, the team announced in a press release. Detroit will open up another roster spot once Markieff Morrisreported buyout is complete.

FEBRUARY 20: After buying out Reggie Jackson earlier this week, the Pistons will fill the open spot on their roster by signing another point guard, Derrick Walton, reports Shams Charania of The Athletic (via Twitter).

Walton, 24, spent most of the 2019/20 season with the Clippers, averaging 2.2 PPG and 1.0 APG in limited minutes (9.7 MPG) over 23 games for the club. However, L.A. sent him to Atlanta at the deadline in a salary-dump deal and the Hawks subsequently released him, making him a free agent.

In Detroit, Walton will have an opportunity to compete for some of the point guard minutes vacated by Jackson. It’ll also represent a homecoming for the Detroit native, who played his college ball at the University of Michigan.

If Detroit finalizes the signing of Walton today, he could be activated for tonight’s game vs. Milwaukee and the deal would run through next Saturday. He’ll earn $81,678 on the 10-day contract.

Pistons Notes: Jackson, Kennard, Thomas, Wood

With just 25 games left in their season, the Pistons are prioritizing developing and evaluating their young players, which is a key reason why the team was willing to buy out Reggie Jackson, sources tell James L. Edwards III of The Athletic. The agreement will save Detroit a little money, but more importantly, it will give the team a chance to get a longer look at how young players like Jordan Bone handle point guard duties, Edwards writes.

Jackson gave back a flat $800K in his buyout agreement with the Pistons, reducing his cap hit for 2019/20 to $17,286,956, according to ESPN’s Bobby Marks (via Twitter). Detroit moves further below the tax line and has part of its mid-level exception available, Marks notes (via Twitter), so the team could use its newly-opened roster spot to sign a prospect to a three- or four-year deal before the end of the regular season.

Promoting Bone from his two-way contract to the 15-man roster would also be an option, tweets Keith Langlois of Pistons.com. However, head coach Dwane Casey suggested today that the team may start by using that open roster spot to get a look at some players on 10-day contracts (Twitter link via Langlois).

Here’s more on the Pistons:

  • Luke Kennard is still “a ways away” from returning, Casey said today, per Rod Beard of The Detroit News (Twitter link). Kennard, who is recovering from a knee injury, has done some contact work, but isn’t yet ready for games.
  • Second-year guard Khyri Thomas, who has been sidelined since late October after undergoing right foot surgery, is expected to head to the G League as part of his rehab process this week. As Beard tweets, Thomas will likely play a couple games for the Grand Rapids Drive before suiting up for the Pistons.
  • James L. Edwards III of The Athletic spoke to a handful of sources to try to get a feel for Christian Wood‘s value on the free agent market this summer. According to Edwards, those sources believe Wood is capable of securing a multiyear deal in the range of $5-10MM per year. Edwards suggests a three-year, $30MM contract might make both the Pistons and Wood happy.
  • Over at Pistons.com, Langlois passes along some more comments from Casey on what to expect from the retooling Pistons for the rest of the 2019/20 season.

Reggie Jackson Bought Out By Pistons, Plans To Join Clippers

5:07pm: The Pistons have issued a press release formally announcing they’ve reached a buyout agreement with Jackson and have waived him.

3:24pm: Veteran point guard Reggie Jackson has reached a buyout agreement with the Pistons, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that Jackson intends to sign with the Clippers once he clears waivers and reaches free agency.

Jackson, 29, has spent the last five years in Detroit, having been acquired from the Thunder in a three-team trade in February 2015. He signed a five-year, $80MM deal with the Pistons a few months later and is now in the final season of that contract. His buyout agreement with the club figures to slightly reduce his $18,086,956 cap hit for 2019/20.

The Pistons had hoped that giving Jackson the reins as the team’s starting point guard – after he began his career as Russell Westbrook‘s backup – would clear a path for him to develop into a star. Although the former Boston College standout had some productive seasons in Detroit, his overall numbers as a Piston (16.2 PPG, 5.6 APG, .425/.354/.851 shooting) fell short of that star level.

Jackson’s name surfaced frequently in trade rumors over the last couple years, but his rising cap hit made it difficult for the Pistons to find a deal that upgraded their roster. Even at this year’s deadline, as the team pivoted toward a rebuild and accepted a very modest package for Andre Drummond, Detroit apparently didn’t find a trade offer it liked for Jackson.

With the Pistons headed for a lottery finish, there was little incentive to keep Jackson around for the rest of the season. He’ll now finish the year with the Clippers, who have until this Saturday to sign a player and get back to the 14-player roster minimum.

As Ohm Youngmisuk of ESPN notes (via Twitter), L.A. could still use a defensive wing or a rim protector, but Jackson will give the team another ball-handler and a veteran scorer off the bench.

The Lakers and Clippers, who were poised to compete for Darren Collison if he had opted to come out of retirement, were each said to be in the market for a point guard. Wojnarowski confirms (via Twitter) that the Lakers also had interest in Jackson — they’ll have to look elsewhere if they still hope to address the position.

[RELATED: 2020 NBA Buyout Market Watch]

Jackson had still been owed $5.7MM of his ’19/20 salary, tweets ESPN’s Bobby Marks. While we don’t know the exact terms of the buyout agreement, the veteran guard likely agreed to give back a prorated portion of the minimum salary. If he’s officially released by the Pistons today and joins the Clippers on Thursday, he’d make $734,025 on his new contract, with a $512,721 cap charge.

Photo courtesy of USA Today Sports Images.

Pistons May Hold On To Reggie Jackson

  • Oft-injured Pistons point guard Reggie Jackson is in the final season of his five-year, $80MM contract, but the Pistons may not want to buy him out due to their limited options at his position, according to Keith Langlois of Pistons.com.

Pistons Notes: Doumbouya, Thomas, Knight, Rose

Rookie forward Sekou Doumbouya is buried in a shooting slump, but that’s not why the Pistons are concerned about him, Vince Ellis of the Detroit Free Press relays. The first-round pick, who grew up in France, is struggling to adjust off the court and seems unhappy on it. He’s shooting 28.1% from the field over his last 13 appearances following a 24-point outing against Boston.

“I’ve got to be the papa bear and stay on him and make sure he’s doing the right things, but nothing takes the place of having fun and the joy of playing basketball,” coach Dwane Casey said, “I know there is a culture barrier, but he’s got to continue to play hard, play with passion.”

We have more on the Pistons:

  • Second-year guard Khyri Thomas, who has been sidelined since late October after undergoing right foot surgery, has returned to practice, Keith Langlois of Pistons.com tweets. Thomas, a second-round pick, appeared in 26 games during his rookie campaign but only played in two games this season before the foot issue cropped up. He has a partially guaranteed $1.66MM salary for next season.
  • Point guard Brandon Knight said he’s “excited” to re-join the team that drafted him, Langlois writes. Knight was one of the players acquired in the Andre Drummond deal with Cleveland on Thursday. His second stint may only last a couple of months, as Knight has an expiring contract. But Casey said the veteran guard will get some playing time to show what he can add to the team. “It’s a great opportunity for us to get a look at him and him to look at us at the same time,” Casey said.
  • Point guard Derrick Rose and shooting guard Svi Mykhailiuk could return against Orlando on Wednesday, according to Ellis. Neither has played since February 2 due to an adductor strain and a hip injury, respectively.

Pistons Project To Be Among Teams With Most 2020 Cap Space

  • The Hawks, Knicks, and Pistons project to have more than enough cap room for a maximum-salary player this summer, with the Heat and Hornets potentially joining them, says John Hollinger of The Athletic. As Hollinger observes in his preview of the NBA’s 2020 cap outlook, there are several other teams that could create some cap room if free agents walk or players turn down options, but there won’t be much league-wide space this offseason.

Cavs Notes: Drummond, Sexton, McKinnie, Bolden

Heading into the trade deadline, no Pistons player had been with the team longer than Reggie Jackson — except for Andre Drummond. So when Detroit swung a deal that sent Drummond to the Cavaliers, it made sense that Jackson would be among those most affected by the move.

“He was my best friend on the team and it’s been like that for five-and-a-half years. He acclimated me when I first got to Detroit and we built a great friendship and brotherhood,” Jackson said of Drummond, per Rod Beard of The Detroit News. “That’s my guy forever, so it was a tough day seeing he got traded to the Cavs but wishing him nothing but the best for him and his family.”

As Drummond gets acclimated to his new home in Cleveland, here are a few more Cavaliers-related notes:

  • Second-year Cavs guard Collin Sexton has been added to the U.S. roster for the Rising Stars game in Chicago this weekend, the league announced today. Sexton will replace Heat guard Tyler Herro, who is nursing a right foot injury.
  • Alfonzo McKinnie‘s new four-year contract with the Cavaliers includes a $1.5MM guaranteed salary for the 2019/20 season, according to Jeff Siegel of Early Bird Rights (Twitter link). That’s significantly more than the $623K McKinnie would have received had he signed a prorated minimum deal. And that’s likely a big reason why he was willing to tack on three team-friendly, non-guaranteed years at the minimum. Cleveland was able to exceed the minimum and go up to four years using the mid-level exception.
  • Following the expiration of his 10-day contract with the Cavaliers, Marques Bolden rejoined the team’s G League affiliate, the Canton Charge, per JD Shaw of Hoops Rumors (Twitter link). Since Bolden just signed a single 10-day deal with Cleveland, he’d be eligible to sign a second one between now and the end of the regular season.

Forbes Releases 2020 NBA Franchise Valuations

The Knicks have had a miserable 12 months, finishing the 2018/19 season with a league-worst 17 wins, missing out on their top free agent targets, and then firing head coach David Fizdale and president of basketball operations Steve Mills during the 2019/20 season.

None of that seems to have had a noticeable impact on the team’s market value though. Once again, the franchise is considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen of Forbes. The Lakers and Warriors aren’t far behind, having both surpassed the $4 billion mark for the first time this year.

For the first time, all 30 NBA teams have a perceived worth of $1.3 billion or more, per Forbes’ annual report. Every team’s value increased by at least 6% since Forbes put out their 2019 valuations last February, with a handful of franchises jumping by 20% or more.

The NBA-wide average of $2.12 billion per team in 2020 is also a new record — that league-wide average surpassed the $2 billion mark for the first time. NBA franchise values are up almost sixfold over the last decade, according to Badenhausen.

Here’s the full list of NBA franchise valuations, per Forbes:

  1. New York Knicks: $4.6 billion
  2. Los Angeles Lakers: $4.4 billion
  3. Golden State Warriors: $4.3 billion
  4. Chicago Bulls: $3.2 billion
  5. Boston Celtics: $3.1 billion
  6. Los Angeles Clippers: $2.6 billion
  7. Brooklyn Nets: $2.5 billion
  8. Houston Rockets: $2.475 billion
  9. Dallas Mavericks: $2.4 billion
  10. Toronto Raptors: $2.1 billion
  11. Philadelphia 76ers: $2 billion
  12. Miami Heat: $1.95 billion
  13. Portland Trail Blazers: $1.85 billion
  14. San Antonio Spurs: $1.8 billion
  15. Sacramento Kings: $1.775 billion
  16. Washington Wizards: $1.75 billion
  17. Phoenix Suns: $1.625 billion
  18. Denver Nuggets: $1.6 billion
  19. Milwaukee Bucks: $1.58 billion
  20. Oklahoma City Thunder: $1.575 billion
  21. Utah Jazz: $1.55 billion
  22. Indiana Pacers: $1.525 billion
  23. Atlanta Hawks: $1.52 billion
  24. Cleveland Cavaliers: $1.51 billion
  25. Charlotte Hornets: $1.5 billion
  26. Detroit Pistons: $1.45 billion
  27. Orlando Magic: $1.43 billion
  28. Minnesota Timberwolves: $1.375 billion
  29. New Orleans Pelicans: $1.35 billion
  30. Memphis Grizzlies: $1.3 billion

The Raptors are among this year’s big “winners,” with their value rising 25%, from $1.675 billion a year ago to $2.1 billion this year following their first NBA championship. The Clippers also had a noteworthy bump, moving from ninth place on Forbes’ list to sixth after landing Kawhi Leonard and Paul George last summer.

Although every franchise’s value increased, the Nets had the smallest jump, just 6%. The Magic‘s modest 8% increase resulted in the team slipping from 23rd on last year’s list to 27th this year.

It’s worth noting that when a franchise has been sold in recent years, the price often exceeds Forbes’ valuation, so these figures are just estimates.