Warriors Rumors

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.

Western Notes: Clippers, Durant, Mavericks, Blazers

The Clippers‘ decision to trade Tobias Harris was part of their larger plan to sign Kevin Durant and Kawhi Leonard this summer, writes Sam Amick of The Athletic. With its current roster, L.A. can create up to $53.19MM in cap room, enough for one maximum contract and about $20MM to chase a second star. But Amick reports that the Clippers have a plan to open space for two max deals, even if they can’t find a taker for Danilo Gallinari before today’s trade deadline. Gallinari is owed $22.6MM for next season.

The Clippers are also excited about the assets they received in the Sixers deal, Amick adds. They weren’t committed to giving Harris a max offer this summer, so they moved him for four draft picks (Miami’s first-rounder in 2021, Philadelphia’s first-rounder in 2020 with three years of lottery protection, plus Detroit’s second-rounders in 2021 and 2023) plus a promising rookie in Landry Shamet.

Amick also notes that Steve Ballmer’s willingness to spend gives the Clippers an edge in building a contender. He’s by far the wealthiest owner in the NBA and has connections to the tech industry that many players find appealing.

There’s more from the Western Conference:

  • Free agency is nearly five months away, but Durant is already testy about speculation over his future, relays Marcus Thompson II of The Athletic. Breaking a week-long silence with the media, Durant lashed out at reporters after Wednesday’s game. “I have nothing to do with the Knicks,” he said. “I don’t know who traded (Kristaps) Porzingis. That’s got nothing to do with me. I’m trying to play basketball. Y’all come in here every day, ask me about free agency, ask my teammates, my coaches, rile up the fans about it. Let us play basketball. That’s all I’m saying.”
  • The Mavericks have traded four of their five starters over the past week as they start to build a new team around Luka Doncic, notes Tim Cowlishaw of The Dallas Morning News. Harrison Barnes was sent to Sacramento last night after last week’s blockbuster that brought in Porzingis for Dennis Smith Jr., DeAndre Jordan and Wesley Matthews“This week is a zoo,” coach Rick Carlisle said, “but that’s part of the compelling business of our league.”
  • The Trail Blazers have a $3.5MM trade exception remaining if they want to swing one more deal before the deadline, according to ESPN’s Bobby Marks (Twitter link). Portland declined the chance to create a pair of small exceptions worth $1.5MM in the trade for Rodney Hood.
  • Pelicans center Jahlil Okafor has chosen an agent after being without representation since September, tweets Liz Mullen of Sports Business Journal. He signed with Excel Sports and will have Sean Kennedy as his agent.

Kevin Durant Rips Media For Free Agency Speculation

After not speaking to beat reporters for nearly a week and a half – before the Knicks traded Kristaps PorzingisWarriors star Kevin Durant broke his silence on Wednesday after the Warriors’ win over San Antonio. As Nick Friedell of ESPN.com relays, Durant sounded “angry and frustrated” as he explained why he had avoided the media since the Porzingis deal.

“I have nothing to do with the Knicks,” Durant said. “I don’t know who traded Porzingis. They got nothing to do with me. I’m trying to play basketball. Y’all come in here every day, ask me about free agency, ask my teammates, my coaches. You rile up the fans about it. Let us play basketball. That’s all I’m saying. And now when I don’t wanna talk to y’all, it’s a problem with me.”

As Durant alludes to, speculation about his free agency destination has heated up since the Knicks traded Porzingis. That move appeared designed to clear two maximum-salary slots for this summer’s free agent class, which KD will headline.

There’s an “overwhelming sense” around the NBA that Durant is destined to sign with the Knicks, according to Sam Amick of The Athletic. Ethan Strauss of The Athletic conveyed a similar sentiment earlier in the week, writing that insiders around the league believe the former MVP will leave Golden State for New York.

Whether or not that’s the case, Durant doesn’t want to talk about it now, as he made clear on Wednesday night, when he singled out Strauss’ piece as an example of the type of article that irks him.

“It’s unnecessary,” Durant said of the speculation about his free agency, per Friedell. “You got a dude, Ethan Strauss, who comes in here and just gives his whole opinion on stuff and makes it seem like it’s coming from me. And he just walks around here, don’t talk to nobody, just walk in here and survey and write something like that, and now you gotta pile on me because I don’t wanna talk to y’all about that.”

Durant won’t become a free agent for nearly five more months, so there’s still time for plenty of speculation and analysis on his upcoming decision. But his comments on Wednesday suggested he’ll probably try to avoid addressing the subject.

“I just don’t trust none of y’all,” Durant told reporters, including Friedell. “Every time I say something it’s getting twisted up and thrown out and in so any different publications, trying to tear me down with my words that I say. So when I don’t say nothing, it’s a problem. I just wanna play ball. I wanna go to the gym and go home. That’s all. Is that a problem? All right then.”

Wesley Matthews Headed For Buyout; Warriors May Be Next Stop

We noted earlier tonight that the Knicks plans to begin buyout talks with Enes Kanter if he’s not traded before tomorrow’s deadline. It appears Wesley Matthews is in the same situation and may wind up with the Warriors, according to Marc Berman of The New York Post.

Matthews was acquired from Dallas last week as part of the Kristaps Porzingis trade, but he has an $18.6MM expiring contract and there’s little reason to keep him on one of the league’s worst teams. The Knicks are still hoping to work out a trade and had some interest from the Sixers before they acquired Tobias Harris, Berman adds.

Matthews was just 2 of 11 Tuesday in what the Knicks hoped would be a showcase game, but that won’t affect his popularity on the buyout market. Several teams are expected to make a run at Matthews if he becomes available, including Golden State, which a source says is “intrigued” by the 32-year-old swingman. “The biggest thing is winning,’’ Matthews said Sunday at his introductory press conference in New York, so the interest should be mutual.

Berman adds a few notes on other players:

  • The trade market for Kanter remains light and a buyout appears to be the most likely resolution. “[Knicks GM] Scott [Perry] and I are working together, collaborating and seeing if something makes sense,” said Kanter’s agent, Mark Bartelstein. “If nothing happens [Thursday], we’ll put our heads together.’’
  • DeAndre Jordan, who was also acquired in the Porzingis deal, doesn’t expect to be traded again. He would be happy to stay in New York and serve as a mentor to rookie center Mitchell Robinson. The Knicks have told Jordan they will consider keeping him past this season and may offer him their $5MM room exception if they use all their cap space as planned.
  • Several teams have inquired about Damyean Dotson, with the Kings being the latest to call.
  • New York could have three roster spots to fill with 10-day contracts by the end of the week. The team is watching John Jenkins, whose 10-day deal with the Wizards will expire on Saturday, to see if he becomes available. Jenkins had been playing with the Knicks’ G League affiliate in Westchester before his NBA call-up.

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.

Details On How Porzingis Trade Talks Played Out

In his latest newsletter for The New York Times, Marc Stein takes a deep dive into the trade that sent Kristaps Porzingis from New York to Dallas, sharing several interesting new details on the negotiations leading up to the deal itself.

Here’s a round-up of the highlights from Stein:

  • The Knicks spent a good portion of January canvassing the NBA for possible Porzingis trades, according to Stein, who hears the team was rebuffed when it inquired on potential targets like Jazz guard Donovan Mitchell and Kings guard De’Aaron Fox. After devoting much of the month to possible trade scenarios, the Knicks were convinced that no team besides Dallas would take on the Tim Hardaway Jr. and Courtney Lee contracts while also offering a player like Dennis Smith Jr. along with multiple first-round picks, says Stein.
  • New York’s management group has known for years that the Mavericks were very interested in Porzingis, with one Mavs official joking to Stein that Dallas had approached the Knicks “about a hundred times” before they finally showed a willingness to move the All-Star big man. Conversely, the Knicks had been expressing interest in Smith all season, per Stein.
  • The Knicks and Mavericks had been discussing the framework of a possible Wesley Matthews/Hardaway deal for weeks, and began expanding those talks to include Porzingis on January 28, Stein writes. The two teams then worked in person toward finalizing the framework of a deal last Wednesday when the Mavs played the Knicks in New York. However, the Knicks wanted to wait until after they met with the Porzingis brothers on Thursday to make any decisions.
  • Following that Thursday meeting between Knicks management and the Porzingis brothers, Janis Porzingis (Kristaps’ agent) provided the club with a four-team list of preferred destinations, a source tells Stein. The Nets and Clippers were on that list, but the Mavericks weren’t. The Knicks opted to move quickly on the Mavs deal in part due to concern that Porzingis’ camp would leak that list and threaten to only sign long-term with those clubs, Stein adds.
  • The Knicks were informed that Porzingis was ready to leave the team and continue his injury rehab in Spain if he remained on the roster through the trade deadline, Stein hears.
  • Mavericks owner Mark Cuban, with an interesting quote to Stein: “It was my mistake to not keep Dirk [Nowitzki] and Steve [Nash] together longer. I won’t make the same mistake with Luka [Doncic] and KP.”
  • For what it’s worth, Stein reports that the threat of Kevin Durant leaving for the Knicks has “never felt more real” to the Warriors than it does now that New York has cleared two maximum-salary slots for the summer.

Durant Speculation Hasn't Created Distraction

  • The Warriors will take a hard look at the buyout market after the trade deadline but won’t necessarily add another piece, ESPN’s Nick Friedell reports. GM Bob Myers feels comfortable with his roster at the moment. “We’ll see who’s bought out, first of all,” Myers said. “And then if it’s a player we think makes sense that can help us win a championship, then we’ll look at it. … We’re still probably a week or so away from those things happening.”

Wesley Matthews Would Be Popular Target On Buyout Market

Veteran swingman Wesley Matthews made his Knicks debut on Sunday, but it’s unclear how many more games he’ll play for the club. New York has received “multiple inquiries” about Matthews, according to Marc Berman of The New York Post, who hears from a source that the Sixers are expected to have some interest in a deal.

Berman writes that a buyout “won’t happen,” but that could be posturing from the Knicks’ side, as opening the door for that possibility would diminish Matthews’ value on the trade market. If the 32-year-old ends up being bought out, he’d be a popular free agent target, according to Marc Stein of The New York Times (Twitter link).

Stein identifies the Rockets, Thunder, Raptors, 76ers, and Warriors as teams hoping Matthews makes it to free agency. Tim MacMahon of ESPN.com had previously reported (via Twitter) that Houston would have interest in Matthews on the buyout market.

While the Knicks appear to be resisting the buyout route, it might be tricky for the club to find a taker for Matthews by Thursday’s deadline. The franchise has zero interest in taking on 2019/20 salary, and there aren’t a ton of expiring contracts around the NBA that make sense as salary-matching pieces for Matthews’ own $18.6MM expiring deal.

A team like the Kings might make sense as a trade partner for the Knicks, since they have $11MM in cap room and multiple non-rotation veterans on expiring deals, including Zach Randolph ($11.7MM). Clubs like the Rockets, Thunder, and Raptors, however, wouldn’t have a clear path to a trade, given their current cap situations, which is why they’re hoping Matthews is ultimately bought out.

As the Knicks consider their options with Matthews, it’s worth noting that head coach David Fizdale has said that he believes both Matthews and DeAndre Jordan could have a future in New York, as Berman relays. The Knicks are hoping that Jordan will be a “big influence” on rookie center Mitchell Robinson, Berman adds.

“Both of those guys have played some [playoff] series on some really good basketball teams,” Fizdale said. “And who knows what the future holds for these guys? They’re ours now, free agents at the end of the year, but who knows? I want them to come here and enjoy the process with us and really help the young guys.”

Warriors Notes: Luxury Tax, Chase Center, Free Agents

Re-signing pending free agents Kevin Durant and Klay Thompson to substantial, long-term contracts would have major financial implications for the Warriors – upward of $300MM per year, potentially – but franchise owner Joe Lacob doesn’t think luxury tax and salary costs are the issue heading forward, Tim Kawakami of The Athletic writes.

We can do whatever we want [financially],” Lacob said. “And you should expect that that’s not going to be a reason this team … doesn’t stay great going forward. We have the capital to pay our players what they deserve. And we will.

Kawakami notes that this is a change in tone from what we’ve heard from the team’s ownership group in the past. There may be several factors responsible for that, including the “unprecedented influx of cash” that the team’s new stadium is expected to bring. The Warriors will begin playing at the Chase Center next fall.

There’s more from the Bay Area tonight:

  • The Warriors are in somewhat of a holding pattern until Durant makes his decision whether to remain with the franchise or move elsewhere, Kawakami notes in the above-mentioned article. These dynamics may have put Anthony Davis just out of reach for the team. “The best thing for us to do is keep our great players together as long as we can, as long as we should, and then develop on the margins,” Lacob said.
  • With free agency looming and the Knicks posturing to be a major player, New York appears to at the very least be an option for Durant. Kevin O’Connor of The Ringers writes that the forward has wavered between staying or leaving all season.
  • Since the blockbuster trade that freed up two max contract slots in the Knicks’ books last Thursday, Durant has been quieter than usual, Mark Medina of The Mercury News writes. Durant has avoided post-game interviews after each of Golden State’s last two matchups.

Knicks Notes: Jordan, Matthews, Zion, Davis

DeAndre Jordan and Wesley Matthews may not be with the Knicks very long, but coach David Fizdale is preparing to use them, tweets Ian Begley of ESPN. Acquired in the trade that sent Kristaps Porzingis to Dallas, both players are veterans with expiring contracts who will be buyout candidates if they aren’t traded by Thursday’s deadline.

“What I want to try to do with them is get them minutes where they can start helping our guys understand defense,” Fizdale said. “DeAndre is going to be a guy that really helps Mitchell (Robinson) and I think having him be able to do it with demonstration and not just words, I think, is going to be important.

“Because DeAndre, he’s a veteran version of what Mitchell is hoping to become. And the same with Wesley. I think Wes is really going to be able to help Dot (Damyean Dotson) and Zo (Allonzo Trier), especially when it comes to defending. So I want to be able to find him some minutes out there so that he can demonstrate it while he’s doing it.”

There’s more from New York City:

  • Knicks fans aren’t the only ones dreaming about the possibility of having Kevin Durant, Kyrie Irving and Zion Williamson in their lineup next season. The expected No. 1 pick told Adam Zagoria of SNY.tv he has considered it as well. “It would be dope to play with KD and Kyrie, but like I said I’m enjoying college and whichever team drafts me I’m going to be ready to play hard and work,” Williamson said Saturday after Duke defeated St. John’s. The Knicks hold the top spot in our latest Reverse Standings.
  • The prospect of bringing two elite free agents to New York suddenly seems feasible now that the Knicks project to have about $70MM in cap space, writes Mike Vorkunov of The Athletic. Fans welcomed Irving to Madison Square Garden Friday night with a rousing ovation, followed by chants of “We want Kyrie.” However, if the Knicks don’t get their top targets, Vorkunov wonders if they will be content with another year of rebuilding or if they’ll throw that money at players such as Tobias Harris and Kemba Walker.
  • The Knicks may have a path to team up Durant, Irving and Anthony Davis, tweets salary cap expert Albert Nahmad. He explains that New York could agree to a deal with the Pelicans before the draft involving its lottery pick, young players and future selections. The Knicks would then take whomever New Orleans wants, add Durant and Irving with cap space and finalize the Davis trade 30 days after the draftee signs his contract (Twitter link).