Pistons Rumors

Pistons Sign Wayne Ellington, Waive Henry Ellenson

6:09pm: The move is official, tweets Rod Beard of The Detroit News.

4:03pm: Wayne Ellington has cleared waivers and the Pistons will sign him to a contract, Adrian Wojnarowski of ESPN.com reports (Twitter link).

Ellington was sent to the Suns in the Tyler Johnson trade and the veteran was subsequently waived. It was reported on Friday that Detroit was nearing a deal with the 31-year-old after beating out “heavy competition” for his services.

While the Pistons don’t provide Ellington with a chance to compete for a title, they do provide him a path to court time on a potential playoff team. Detroit traded away Reggie Bullock, arguably the team’s best shooter, earlier in the week and Ellington, who’s a career 38.0% shooter from downtown, will have a chance to fill that void.

As we mentioned in our log of every team’s roster situation, the Pistons had a full roster and needed to make a corresponding move to add the shooting guard. The team will waive Henry Ellenson in order to make room for Ellington.

Every NBA Team’s Post-Deadline Roster Situation

The NBA confirmed today that 2019’s trade deadline set and matched some records. The 14 trades completed on Thursday were the most made on a deadline day in the last 30 years, and the 19 teams involved in those swaps was tied for the most over that same period.

In total, 34 players were involved in those 14 trades — and that doesn’t even count the eight deals completed during the week leading up to the deadline, as we detailed last night.

Needless to say, there has been plenty of roster upheaval around the NBA, so we’re going to use this space to take a look at all 30 teams’ roster situations to see exactly where they stand. Does your favorite team have a full roster? Or is their roster somehow only two-thirds full? Looking at you, Raptors.

Here’s a breakdown of all 30 clubs’ roster situations at the time of this post’s publication (more moves will be made in the coming days or even hours that won’t be noted here, so keep that in mind):


Atlanta Hawks

The Hawks entered the week with 15 players, but had to waive Daniel Hamilton to clear a spot to acquire Jabari Bird. They subsequently traded Tyler Dorsey for Shelvin Mack, then waived both Bird and Mack.

They currently have 13 players on their roster, leaving two open spots. They’ll have two weeks to get back to the league-mandated minimum of 14 players.

Boston Celtics

After carrying 15 players all season, the Celtics traded Jabari Bird to create an open roster spot. They’ll explore the buyout market for candidates to fill that opening.

Brooklyn Nets

The Nets entered the week with 14 players on standard contracts and one (Mitch Creek) on a 10-day deal. Creek’s contract was terminated a few days early to make room for Greg Monroe, who was waived after being acquired from Toronto.

Brooklyn now has 14 players under contract and could opt to re-add Creek (albeit on a full-season contract), sign another player, or leave that spot empty for now.

Charlotte Hornets

The Hornets had a quiet week and continue to carry 14 players, leaving one open roster spot.

Chicago Bulls

The Bulls created an open spot on their roster by trading Bobby Portis and Jabari Parker for Otto Porter, and are now carrying 14 players.

Cleveland Cavaliers

The Cavaliers acquired two players – Nik Stauskas and Wade Baldwin – for Rodney Hood, which required them to terminate Kobi Simmons‘ 10-day contract early to stay at 15 players.

Subsequently, Cleveland flipped Stauskas and Baldwin to Houston in exchange for Marquese Chriss and Brandon Knight, with Alec Burks heading to Sacramento in that three-team deal. The 3-for-2 move left the Cavs with 14 players and an open roster spot.

Dallas Mavericks

The Mavericks, already at 15 players, acquired two veterans – Zach Randolph and Justin Jackson – in exchange for Harrison Barnes, and had to waive Salah Mejri to make the deal work.

They’re currently at 15 players, but will be releasing Randolph very soon to create an open roster spot.

Denver Nuggets

The Nuggets didn’t make any moves this week and continue to carry a full 15-man roster.

Detroit Pistons

Both of the Pistons‘ trades this week were 1-for-1 swaps in terms of players, with Thon Maker and Sviatoslav Mykhailiuk replacing Reggie Bullock and Stanley Johnson.

However, with the team closing in on a deal for Wayne Ellington, someone will need to be waived to stay at the 15-man limit. That player will reportedly be Henry Ellenson.

Golden State Warriors

The Warriors didn’t make any moves this week and still have 14 players under contract, leaving an opening for potential buyout targets.

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Pistons Plan To Waive Henry Ellenson

Henry Ellenson‘s run with the Pistons appears to be coming an end, as Chris Haynes of Yahoo Sports reports (via Twitter) that Detroit plans to waive the third-year big man in order to make room for Wayne Ellington. We heard earlier today that Ellington, who is currently on waivers, is nearing a deal with the Pistons.

Ellenson, 22, was the 18th overall pick in the 2016 draft, but hasn’t developed into a reliable and consistent rotation player in Detroit. In two and a half NBA seasons, the former Marquette standout has averaged 3.8 PPG and 2.2 RPG in just 59 games (8.5 MPG). He appeared in only two contests this season, falling out of the rotation entirely after the Pistons signed Zaza Pachulia and got Jon Leuer back over the offseason.

The timing of Ellenson’s release remains unclear — Ellington won’t clear waivers today, so the Pistons may wait until the veteran is ready to officially sign with the team before they make their corresponding move with Ellenson.

Once he’s waived, Ellenson will remain on waivers for two days. He’ll become an unrestricted free agent if he goes unclaimed.

Pistons, Wayne Ellington Nearing Agreement

Wayne Ellington, who is currently on waivers and will become a free agent this weekend, is closing in on a contract agreement with the Pistons, reports ESPN’s Adrian Wojnarowski (via Twitter).

Ellington, who spent most of the season with the Heat, was sent from Miami to Phoenix in a trade this week. The veteran sharpshooter has a contract that gave him the right to veto a potential deal, but he signed off on the trade based on the knowledge that the Suns would release him, giving him the chance to join a contender.

While the 24-29 Pistons certainly aren’t the NBA’s most obvious “contender,” they’re currently just 1.5 games out of the playoff picture in the East. The Hornets and Heat hold the seventh and eighth seeds with 26-28 and 25-27 records, respectively, so Ellington could get the opportunity to help knock his old team out of the postseason.

Ellington, 31, has a career .380 3PT% and has made at least 2.3 threes per game in each of the last three seasons with the Heat, but saw his role cut back significantly in 2018/19. He struggled to crack a crowded rotation in Miami, appearing in just 25 games this season and suggesting that he wouldn’t mind a change of scenery if it gave him the opportunity to play more.

He’ll get that chance in Detroit, which may have been one of the reasons why he chose the Pistons over other suitors. According to Vince Ellis of The Detroit Free Press (via Twitter), the Pistons beat out “heavy competition” for Ellington. After trading away Reggie Bullock and Stanley Johnson in a pair of deals this week, the club should have a clear role available on the wing for the former UNC standout.

The Pistons currently have a full 15-man roster, so they’ll have to waive someone to open up a spot for Ellington.

Photo courtesy of USA Today Sports Images.

Suns Waive Guard Wayne Ellington

4:11pm: The move is official, according to a team press release.

4:06pm: The Suns will place newly-acquired Wayne Ellington on waivers today, John Gambadoro of Arizona Sports 98.7 Phoenix tweets.

Ellington and guard Tyler Johnson were dealt to Phoenix for forward Ryan Anderson but the Suns had no intention of retaining the veteran shooting guard. Ellington was caught in a logjam of wings with the Heat, bouncing in-and-out of the rotation. He’ll now be free to seek a team that can offer him more playing time.

Ellington had the ability to veto a trade, so he wouldn’t have agreed to it unless he would end up in a more favorable situation. The Pistons, who just traded starting shooting guard Reggie Bullock to the Lakers, are expected to pursue Ellington. The Thunder have also been mentioned as a potential suitor.

Ellington has an expiring $6.27MM contract. The 31-year-old guard, who appeared in 25 games with Miami this season, is a career 38% 3-point shooter.

Buyout Market: Ellington, Kaminsky, Gortat, Smith

The Pistons will be an aggressive suitor for Wayne Ellington once he reaches the buyout market, Adrian Wojnarowski of ESPN tweets. The Suns are expected to reach a buyout and waive the shooting guard, whom they just acquired from the Heat. The Thunder are also reportedly interested in Elllington. Detroit is seeking a veteran addition at shooting guard after trading starter and impending free agent Reggie Bullock to the Lakers.
We have plenty more buyout market developments:
  • The Hornets will look to reach a buyout with big man Frank Kaminsky after failing to trade him, Sean Deveney of Sports Illustrated tweets. The little-used Kaminsky is making $3.62MM this season.
  • Veteran center Marcin Gortat is interested in joining the Warriors but Golden State will take a wait-and-see approach regarding the waiver wire and buyout market, Chris Haynes of Yahoo Sports tweets. Gortat, a starter most of the season, is expected to be waived by the Clippers.
  • The Cavaliers have no plans to discuss a buyout with J.R. Smith and failing to find a trade partner for the shooting guard, Chris Fedor of the Cleveland Plain Dealer tweets. Smith is making $14.72MM this season but his $15,68MM salary for next season is not guaranteed unless he remains on the roster through June 30th.
  • The Raptors’ flurry of activity, including an agreed-upon trade with the Grizzlies for center Marc Gasol, will make them an active participant in the buyout market, Tim Bontemps of the Washington Post tweets. Toronto will be down to just 10 players on the active roster, plus two two-way players. That means there will be playing time available for free agents that will soon clear waivers.
  • The Celtics do not have an immediate target to fill their open roster spot, Mark Murphy of the Boston Herald tweets. Enes Kanter, expected to be bought out by the Knicks as early as today, isn’t believed to be on their radar screen, a source tells Murphy.

Mike Conley: “I’ll Play Anywhere”

Mike Conley is denying a rumor that he and his representatives are trying to quash a trade to Utah, tweets Omari Sankofa II of The Athletic.

“I’ll play anywhere,” the Grizzlies guard said during today’s shootaround. He claims he doesn’t know how speculation started that wants to head East, adding that he doesn’t have a preference for either conference.

Conley has been the subject of intense speculation since Memphis let it be known last month that it was willing to listen to offers for him and Marc Gasol. A report on Wednesday said the Jazz were making progress in a deal for Conley, but he and his representatives were resisting it, hoping to wind up in Indiana, Toronto or Detroit instead.

Memphis is seeking multiple first-round picks in any Conley deal. Utah reportedly offered a first-rounder and second-rounder, along with a pair of expiring contracts (believed to be Ricky Rubio and Derrick Favors), but declined when the Grizzlies asked for Dante Exum.

Mike Conley Resisting Trade To Utah?

6:05pm: The Raptors aren’t trying to trade for Conley, while the Pistons are pessimistic that a deal will get done before the deadline, Stein tweets.

5:02pm: The Jazz are closer to working out a trade for Grizzlies guard Mike Conley, but Conley and his representatives prefer to see him sent somewhere else, according to Brian Windhorst of ESPN (Twitter link).

“Utah was making some progress in acquiring him, and I think that would have been a tremendous deal for Utah,” Windhorst said on ESPN’s “The Jump.” (video link via @The_6ix_man)Mike Conley‘s agent has made it known that Mike Conley does not want to play in Utah. … If he’s going to be traded, he’d prefer to go the the Eastern Conference. Now Memphis is working on deals with Detroit and Toronto.”

A trade with the Raptors would mean Kyle Lowry may wind up with the Jazz, Windhorst adds. Utah has been interested in Lowry for a long time and Lowry has “a ton of respect” for Jazz coach Quin Snyder, according to Tony Jones of The Athletic (Twitter link).

The report on Conley is backed up by Marc Stein of The New York Times, who tweets that he is resisting a trade to the Jazz. Conley has no ability to block a deal —  he is under contract for more than $67MM over the next two seasons — but he’s making it clear that Utah isn’t his first choice.

The Pacers continue to talk to the Grizzlies about Conley, according to Sam Amick of USA Today (Twitter link). However, Indiana and Toronto believe Memphis’ asking price is “prohibitively high.” Jones states that he heard the Pacers offered a young player and a veteran and were met with a counteroffer that they didn’t consider realistic.

A source tells Vince Ellis of The Detroit Free Press that the Grizzlies are asking the Pistons to include shooting guard Luke Kennard and a first-round pick in any package. Ellis speculates that Reggie Jackson would also be part of the deal, but notes that picking up Conley would limit Detroit’s financial flexibility going forward.

Forbes Releases 2019 NBA Franchise Valuations

A year ago, when Forbes released its annual NBA franchise valuations, the Knicks were reeling from the news that Kristaps Porzingis has suffered a torn ACL, but still earned the top spot on Forbes’ list of the league’s most valuable teams.

This time around, Knicks fans are reeling from the trade that sent Porzingis to Dallas. Once again though, the franchise is still considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen and Mike Ozanian of Forbes.

For the first time, all 30 NBA teams have a perceived worth of $1.2 billion or more, per Forbes’ annual report. While all 30 teams’ valuations cracked the $1 billion threshold for the first time last year, 10 franchises were below $1.2 billion.

The league-wide average of $1.9 billion per team in 2019 is also a new record, with franchise valuations up 13% in total over last year’s figures. NBA franchise values have once again tripled over the last five years, according to Badenhausen and Ozanian.

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

  1. New York Knicks: $4 billion
  2. Los Angeles Lakers: $3.7 billion
  3. Golden State Warriors: $3.5 billion
  4. Chicago Bulls: $2.9 billion
  5. Boston Celtics: $2.8 billion
  6. Brooklyn Nets: $2.35 billion
  7. Houston Rockets: $2.3 billion
  8. Dallas Mavericks: $2.25 billion
  9. Los Angeles Clippers: $2.2 billion
  10. Miami Heat: $1.75 billion
  11. Toronto Raptors: $1.675 billion
  12. Philadelphia 76ers: $1.65 billion
  13. San Antonio Spurs: $1.625 billion
  14. Portland Trail Blazers: $1.6 billion
  15. Sacramento Kings: $1.575 billion
  16. Washington Wizards: $1.55 billion
  17. Phoenix Suns: $1.5 billion
  18. Oklahoma City Thunder: $1.475 billion
  19. Utah Jazz: $1.425 billion
  20. Indiana Pacers: $1.4 billion
  21. Denver Nuggets: $1.375 billion
  22. Milwaukee Bucks: $1.35 billion
  23. Orlando Magic: $1.325 billion
  24. Atlanta Hawks: $1.3 billion
  25. Cleveland Cavaliers: $1.275 billion
  26. Detroit Pistons: $1.27 billion
  27. Minnesota Timberwolves: $1.26 billion
  28. Charlotte Hornets: $1.25 billion
  29. New Orleans Pelicans: $1.22 billion
  30. Memphis Grizzlies: $1.2 billion

The Sixers are this year’s big riser, moving from 21st on the 2018 list to 12th in 2019. Conversely, the Cavaliers fell the most. After losing LeBron James, Cleveland was the only franchise to see its valuation dip from year to year, as it decreased from $1.325 billion (15th) in 2018 to $1.275 billion (25th) in 2019.

Lakers Acquire Reggie Bullock From Pistons

FEBRUARY 6: The Lakers and Pistons have each issued a press release confirming that the Bullock trade is now official.

FEBRUARY 5: The Lakers have agreed in principle to acquire Reggie Bullock from the Pistons in exchange for Sviatoslav Mykhailiuk and a second-round pick, Frank Isola and Shams Charania of The Athletic report (Twitter links).

Detroit will receive Los Angeles’ 2021 second-round pick, tweets James Edwards III of The Athletic. The deal is expected to be finalized on Wednesday.

We relayed over the weekend that Los Angeles was one of several teams to call Detroit about the swingman. Bullock, 27, has a $2.5MM expiring contract, so he does not impact the Lakers’ cap situation for free agency this summer.

By trading Bullock, the Pistons will create a $2.5MM trade exception, per ESPN’s Bobby Marks. The Lakers will inherit Bullock’s Bird Rights (with a cap hold of $4.75MM) entering free agency his summer.

In his sixth NBA season, Bullock is averaging a career-best 12.0 PPG through 43 games and gives the Lakers some much-needed outside shooting help. He is shooting the ball at a 38.4% clip from three-point range this season, which is slightly below his career average of 39.6%.

As for the Lakers, they are parting with one of their second-round picks (47th overall) from last year’s draft. The Ukraine native has appeared in 39 games this season, averaging a mere 3.2 PPG. Per Marks, the Pistons will have until July 5 to guarantee Mykhailiuk’s $1.4MM salary for the 2019/20 season. His third season is a team option worth $1.6MM.

Assuming the trade is completed, the Pistons will move $1.5MM below the luxury tax for the season.

Photo courtesy of USA Today Sports Images.