Golden State Warriors Rumors | Hoops Rumors

Warriors Sign Jonas Jerebko

July 12th, 2018 at 2:55pm CST by clarkcrum

JULY 12: The Warriors have officially signed Jerebko, the team announced today in a press release. The one-year deal with be worth the veteran’s minimum.

As Mark Medina of The San Jose Mercury News tweets, Golden State’s offseason roster activity figures to be almost over. The team has 13 players under contract and is expected to bring back Patrick McCaw. The Dubs will likely keep their 15th roster spot open to begin the regular season in order to save some money and retain flexibility.

JULY 7: Free agent Jonas Jerebko, who was waived by the Jazz earlier today, plans to sign with the Warriors after he clears waivers on Monday, per Adrian Wojnarowski of ESPN.

Jerebko is expected to clear waivers, as any team who makes a waiver claim for Jerebko would be required to to guarantee his $4.2MM salary for this season. It was already reported by Wojnarowski earlier this morning that there was strong mutual interest between Jerebko and Golden State, so Jerebko’s plans come as no surprise.

Because the Warriors already used their taxpayer mid-level exception on DeMarcus Cousins, have no cap room, and will assuredly be above the apron this season, Jerebko will only be eligible to sign a one- or two-year deal at the minimum salary.

And-Ones: Roberts, NBPA, Stuckey, 2019 Free Agency

July 12th, 2018 at 2:17pm CST by Luke Adams

Michele Roberts, the executive director of the National Basketball Players Association, has repeatedly dismissed the idea that the NBPA should have accepted the league’s cap-smoothing proposal prior to the 2016 offseason, and she doubled down on that stance in a recent conversation with Kevin Draper of The New York Times. Roberts zeroed in on the theory that the lack of cap smoothing has helped create a perceived competitive imbalance, led by the defending-champion Warriors.

“I have been amused by the chatter suggesting that smoothing — or more accurately the failure to smooth — has now become some folks’ boogeyman de jure,” Roberts wrote in an email. “While we haven’t yet blamed it for the assassination of MLK, some are now suggesting that it is responsible for all that is presumably wrong with today’s NBA. Needless to say, I beg to differ.”

Roberts also refuted the notion that the cap spike in 2016 (when the cap rose from $70MM to $94MM) and the slower growth since then resulted in an unusually poor market for free agents in 2018: “We opened free agency with nine teams that had significant cap room, in excess of $10MM each. Frankly, before the spike, that’s about as healthy of a start as we’ve ever had.”

Finally, Roberts insisted that players shouldn’t be blamed for contracts from 2016 that are now viewed as overpays: “I get that there are folks who believe that some of the contracts executed post the smoothing rejection were too large. I vehemently disagree as I am sure do the players that negotiated those contracts. However, if that’s the beef folks have, take it up with the GMs that negotiated them. The argument that we gave teams too much money to play with is preposterous.”

While it’s hard to argue that a lack of cap-smoothing in 2016 had a major impact on several franchises – including the Warriors, who suddenly had the cap room necessary to afford Kevin Durant – Roberts is right that certain GMs deserve the blame for how they reacted to the sudden cap spike. If some of those teams had preserved their cap room instead of using it to sign mediocre players to oversized contracts, the NBA landscape could look much different today.

Here are a few more odds and ends from around the NBA:

Speaking of Roberts, she was unanimously elected to another four-year term as the executive director of the players’ union, Chris Paul confirmed this week (Twitter link via Tim Bontemps of The Washington Post).
Earlier today, we noted that Rodney Stuckey was holding a private workout in Las Vegas as he seeks a new NBA home. According to international basketball reporter David Pick (Twitter link), the Warriors, Nets, Grizzlies, Spurs, and Pacers had representatives at that session.
With several teams around the NBA looking to create cap room for 2019, and many of this year’s free agents signing one-year deals to hit the market again in a year, next summer’s NBA offseason could be a wild one. ESPN’s Bobby Marks (Insider link) previews 2019’s free agent period, identifying the top free-agents-to-be and the teams that will have the most flexibility.
In an interesting piece for HoopsHype, Alex Kennedy talks to a number of current and former NBA players about their experiences in free agency, relaying some horror stories about agents and team executives alike.

Adam Silver Talks Warriors, Playoffs, Free Agency

July 11th, 2018 at 11:09am CST by ChrisCrouse

It isn’t “necessarily” bad that the Warriors are so dominant, NBA commissioner Adam Silver said during a Tuesday press conference in Las Vegas (link via Mark Medina of The Mercury News). Silver explained that the NBA isn’t trying to create a “forced parity,” but wants to ensure that there’s a “parity of opportunity” for the league’s 30 teams.

“There’s a fair point to be made in a tax system when certain teams are spending significantly more than others, that’s not parity of opportunity,” Silver added. “Also, certain teams have advantages other teams don’t based on their resources and market and the wealth of the market. They may be in a position to go deeper into the tax than another team does.

“Under the current system right now, we want teams to compete like crazy. The Warriors, within the framework of this deal, should be doing everything they can to increase their dominance,” Silver continued. “That’s what you want to see. We want every team to compete in every way they can within the rules. If it makes sense to make adjustments to the rules next time, we’ll look into that.”

Here are a few more notable comments from Silver’s Tuesday’s presser:

Silver acknowledged that the idea of seeding teams 1 through 16 in the postseason has “real appeal,” but cautioned that it would take time to implement (link via Ohm Youngmisuk of ESPN). “In our estimate, we could be looking at roughly 40-50% more travel,” Silver said. “It doesn’t mean we can’t, but it is not something we can do quickly. It would require really a wholesale re-examination of how we do the schedule, how our television deal works.”
The NBA may make adjustments to the start of the free agent period to avoid having it begin at midnight ET on July 1, according to Silver (via Youngmisuk). With so much attention focused on free agency, the league would like to avoid having the first wave of major signings break in the middle of the night.
Silver spoke about the California Classic Summer League, adding that it “exceeded all expectations,” as NBC Sports California relays (on Twitter). The league will discuss expanding it beyond the current structure, which only features four teams, including the host Kings.
According to Silver, the investigation into workplace misconduct allegations in the Mavericks‘ business offices should wrap up by the end of July (link via Tim Reynolds of The Associated Press).
As we detailed on Tuesday night, Silver suggested that the NBA expects to make adjustments to its one-and-done rule for prospects in the coming years.

Luke Adams contributed to this post.

Warriors Re-Sign Kevon Looney

July 10th, 2018 at 9:09pm CST by Arthur Hill

JULY 10: The signing is official, according to a team press release.

JULY 3: Kevon Looney has agreed to re-sign with the Warriors, tweets ESPN’s Chris Haynes. He will receive a one-year, minimum-salary contract (Twitter link).

Golden State is able to keep an important rotation piece at a low price after opting not to guarantee the fourth year of Looney’s rookie contract. He will join Jordan Bell and Damian Jones in the Warriors’ center rotation, along with DeMarcus Cousins once he recovers from his Achilles injury.

Looney will receive $1,567,007 and Golden State will absorb a $1,512,601 cap hit, tweets ESPN’s Bobby Marks. The Warriors, who now have 12 players under contract, will own Bird rights on Looney when he becomes a free agent next year.

The Clippers, Rockets, Sixers and Hawks also showed interest in Looney, according to Mark Medina of The San Jose Mercury News (Twitter link).

Looney, 22, is coming off his most productive NBA season, averaging 4.0 points and 3.3 rebounds in 66 games.

Photo courtesy of USA Today Sports Images.

Cousins Unfazed By Reduced Offensive Role

July 9th, 2018 at 10:50pm CST by Dana Gauruder

DeMarcus Cousins says he’s not bothered by the reduced offensive role he’ll have with the Warriors, as he told Anthony Slater of The Athletic. “I’m sure there will be many games where I may have, you know, four attempts. Then there may be other games where I’m the leading scorer,” he said. “I look at that as a positive. I don’t have to be the guy. I’ve dealt with that my entire career. I’ve always wanted a team where everything doesn’t rely on me. Now I’m in that position.”

Kevin Durant Re-Signs With Warriors

July 7th, 2018 at 3:00pm CST by Arthur Hill

JULY 7: The Warriors have made it official, announcing that the team has re-signed Durant.

JUNE 30: Kevin Durant will inform the Warriors tonight that he prefers a one-year contract with a player option for 2019/20, tweets Marc Stein of The New York Times.

Durant intends to sign a contract for those terms sometime after the moratorium ends, according to ESPN’s Chris Haynes (Twitter link). It will provide the maximum that Durant can receive on a one-year deal based on his 2017/18 salary, giving him $30MM next season with a $31.5MM option for 2019/20 (Twitter link).

The move saves some money next season for the Warriors, who will be well into the luxury tax, and it sets Durant up for a possible five-year contract with full Bird Rights next summer, when the cap is projected to rise to $109MM.

Golden State currently holds Early Bird rights on Durant, which would permit him to sign for a salary starting at $35,654,150. However, an Early Bird contract can’t span fewer than two guaranteed years, so the team will have to use his Non-Bird rights to honor Durant’s request. That will mean a 20% increase, taking him from $25MM to $30MM.

That savings of about $5.6MM will be huge for the Warriors, who face a significant tax bill for every dollar they spend. They may now be more inclined to use their taxpayer mid-level exception, which starts at $5.337MM.

Photo courtesy of USA Today Sports Images.

Mutual Interest Between Jerebko, Warriors

July 7th, 2018 at 11:59am CST by Luke Adams

After being waived by the Jazz today, Jonas Jerebko is already being eyed by the Warriors, among other teams, reports ESPN’s Adrian Wojnarowski (via Twitter). According to Wojnarowski, there’s strong mutual interest between Jerebko and Golden State, one of the teams the forward will consider upon clearing waivers.

There’s a possibility that Jerebko won’t make it to free agency, but in order to claim him, a team must have cap room or a trade exception worth $4.2MM. If Jerebko does become a free agent and wants to join the Warriors, he’ll have to settle for the minimum, since the Dubs already committed their taxpayer mid-level exception to DeMarcus Cousins, and won’t have access to the bi-annual exception.

Warriors Sign DeMarcus Cousins

July 6th, 2018 at 10:10pm CST by Dana Gauruder

JULY 6th, 11:10pm: The signing is official, according to a team press release.

JULY 2nd, 7:36pm: The rich are about to get richer, as free agent center DeMarcus Cousins has agreed to a contract with the Warriors, Shams Charania of Yahoo Sports tweets. It’ll be a one-year, $5.3MM deal, with the Dubs using the taxpayer mid-level exception to add Cousins, tweets ESPN’s Adrian Wojnarowski.

It’s a shocking move for both Cousins and the defending champions, who initially didn’t appear to be locks to use their mid-level exception at all. However, when Kevin Durant agreed to a contract with a starting salary of $30MM rather than his max of $35.65MM, it opened the door for the Warriors to take advantage of the savings by using their MLE, which is worth $5.337MM.

Signing Cousins will cost the Warriors exponentially more than $5.337MM due to their projected luxury tax penalties, but the investment figures to be worth it for one of the NBA’s very best centers. Golden State will now have the opportunity to play an incredible five-man unit consisting of Cousins, Durant, Stephen Curry, Klay Thompson, and Draymond Green.

The club also retains key contributors like Andre Iguodala, Shaun Livingston, Jordan Bell, and Quinn Cook, with youngsters Damian Jones and Jacob Evans expected to contribute as well.

While others Cousins suitors like the Pelicans and Lakers will undoubtedly be upset about seeing him sign with the Warriors for a salary they could have topped, it didn’t appear that New Orleans, L.A. or any other team was willing to make a huge offer for the big man, with cap space drying up around the league.

Of course, it’s also extremely unlikely that Cousins would have accepted a $5.3MM offer from any other team. No other club gives him as clear a path to his first NBA title, and as one source close to him explains to Marc J. Spears of The Undefeated (Twitter link): “He’s about winning.”

Signing a one-year pact will also allow Cousins to rebuild his value after suffering a torn Achilles during the 2017/18 season. According to Wojnarowski (Twitter link), the Warriors have no intention of rushing their newly-added star back to the court, so a December or January return appears likely. If Cousins returns to form during the second half of the 2018/19 campaign, he’ll be able to reach the free agent market again a year from now and potentially land a more lucrative longer-term deal.

Before going down with that Achilles injury, Cousins was posting the best numbers of his career, filling up the stat sheet with 25.2 PPG, 12.9 RPG, 5.4 APG, 1.6 SPG, and 1.6 BPG. He also made 2.2 three-pointers per game at a 35.4% rate. Achilles tears aren’t easy to come back from, so there’s no guarantee that he’ll ever be the same player he was before the injury, but even if he’s operating at 60-70% capacity in 2018/19, he’ll make the already-stacked Warriors even more dangerous.

The move comes approximately 24 hours after LeBron James‘ agency announced that he’d be heading to the Lakers. While LeBron, Magic Johnson, and the new-look Lakers dominated much of the coverage during the first two days of NBA free agency, the Warriors’ latest splash signals that they have no intention of giving up control of the Pacific Division – or the Western Conference, or the NBA – anytime soon.

Luke Adams contributed to this post. Photo courtesy of USA Today Sports Images.

Tyreke Evans Signs One-Year Deal With Pacers

July 6th, 2018 at 12:28pm CST by Luke Adams

JULY 6: Evans’ deal with the Pacers is now official, the team announced in a press release. “With Tyreke, we thought we needed a secondary ball-handler to not only compliment Victor [Oladipo], but he can turn it downhill and make plays for others,” said president of basketball operations Kevin Pritchard.

Indiana also made its deal with McDermott official today.

JULY 3: The Pacers are in agreement on a one-year, $12MM deal with Tyreke Evans, according to Shams Charania of Yahoo Sports (via Twitter). ESPN’s Adrian Wojnarowski had reported (via Twitter) that Evans and the Pacers were closing in on a one-year deal.

Twitter user @SneakerReporter first broke word of a potential $12MM deal between the Pacers and Evans nearly 24 hours ago, though it’s not clear if an agreement was formally in place that early or if the two sides finalized it today. Evans traveled to meet with the Pacers today after having already met with the Thunder, Lakers, Warriors, and Hornets earlier in free agency, and Wojnarowski indicated this morning that Evans and the Pacers were still working toward a deal.

A former fourth overall pick and Rookie of the Year, Evans appeared in 52 games during an injury-shortened season for the Grizzlies. When healthy, he looked as good as he has at any time in his nine-year NBA career, averaging 19.4 PPG, 5.2 APG, and 5.1 RPG with a .452/.399/.785 shooting line.

The lottery-bound Grizzlies held onto Evans at the trade deadline rather than getting what they could for him, and at the time reports suggested that Memphis intended to push hard to re-sign the 28-year-old as a free agent, using their mid-level exception. However, there has been no indication that the Grizzlies made a strong effort to bring back Evans.

While other teams showed interest in Evans, none of them had the ability to make the sort of $12MM offer the Pacers did. Even after committing to Doug McDermott earlier in free agency, Indiana still had about $12-15MM in cap room to work with, and will devote most or all of that room to Evans. He’ll provide another play-maker in the backcourt for the Pacers, who lost Lance Stephenson to the Lakers.

According to Anthony Slater of The Athletic (Twitter link), Evans was the Warriors‘ initial target using their taxpayer’s mid-level exception ($5.337MM), but they were turned down by the guard, who was seeking more money and a larger role. He should get both in Indiana, though Golden State is probably happy with its fallback plan for that MLE.

Photo courtesy of USA Today Sports Images.

Cousins Represents Intriguing Trade Chip If Fit Isn't Right

July 5th, 2018 at 11:09am CST by Luke Adams

With a Warriors notebook, Anthony Slater of The Athletic writes that Golden State will have an “intriguing escape hatch” if the DeMarcus Cousins experiment doesn’t work out. If Cousins is healthy by the trade deadline but isn’t fitting in with the Warriors, his modest salary and expiring contract would make him a fascinating trade chip, Slater observes.