Hoops Rumors Originals

2019 NBA Offseason Salary Cap Digest: Toronto Raptors

After years of postseason disappointment, everything went right for the Raptors in 2018/19. Kawhi Leonard stayed healthy and proved he still belongs in the conversation about the best player in the NBA. Pascal Siakam emerged as the league’s Most Improved Player. Marc Gasol arrived in a deadline deal to help tighten up the club’s defense and improve its ball movement on offense. And after impressive series wins over Philadelphia and Milwaukee, Toronto knocked off the two-time defending champion Warriors to win the first title in team history.

Here’s where things currently stand for the Raptors financially, as we continue our Offseason Salary Cap Digest series for 2019:

Guaranteed Salary

Player Options

Team Options

  • None

Non-Guaranteed Salary

  • Malcolm Miller ($1,588,231) 2
  • Chris Boucher ($1,463,231) 1
  • Total: $3,051,462

Restricted Free Agents

Unrestricted Free Agents / Other Cap Holds

Projected Salary Cap: $109,000,000
Projected Tax Line: $132,000,000

Offseason Cap Outlook

  • Realistic cap room projection: $0
  • If Gasol opts in or Leonard re-signs with the Raptors, the team will be over the cap. If both happen, another year in luxury tax territory is probably on tap for the franchise. Should both players depart, the Raps could technically create up to about $20MM in cap room, but it would mean waiving Miller and Boucher and renouncing all their other free agents too.

Cap Exceptions Available

  • Trade exception: $2,947,320 (expires 7/18/19)
  • Trade exception: $1,569,360 (expires 2/6/20)
  • Trade exception: $1,512,601 (expires 2/7/20)
  • Trade exception: $2,536,898 (expires 2/7/20)
  • Mid-level exception: $9,246,000 4
  • Bi-annual exception: $3,619,000 4

Footnotes

  1. Boucher’s salary becomes fully guaranteed on the first day of the season.
  2. Miller’s salary becomes fully guaranteed after July 24.
  3. The cap holds for De Colo, Nogueira, and Thompson remain on the Raptors’ books because they haven’t been renounced after going unsigned in previous years. They can’t be used in a sign-and-trade deal.
  4. These are projected values. If the Raptors are at risk of going into tax territory, they may forfeit the bi-annual exception and have to use the taxpayer mid-level exception ($5,711,000) rather than the full mid-level exception. In the event they use cap room, they’d lose these exceptions, plus their trade exceptions, and would instead would gain access to the $4,760,000 room exception.

Note: Minimum-salary and rookie-scale cap holds are estimates based on salary cap projections and could increase or decrease depending on where the cap lands.

Salary information from Basketball Insiders, ESPN, and RealGM was used in the creation of this post. Photo courtesy of USA Today Sports Images.

Hoops Rumors’ 2019 NBA Mock Draft

With the 2019 NBA draft just mere hours away, we’re finally set to reveal Hoops Rumors’ own mock draft. Arthur Hill and Chris Crouse of Hoops Rumors have tackled the 2019 first round, alternating picks and providing their thoughts and rationale for each selection.

Our mock draft isn’t necessarily a reflection of what we think will happen on Thursday night, but rather what Arthur and Chris feel each team should do with the 30 first-round picks. Our draft also doesn’t include trades, so a busy day on the trade market could significantly alter our projected order.

After checking out our picks, be sure to head to the comments section to weigh in with your own thoughts, opinions, and predictions.

Let’s dive in…

1. New Orleans Pelicans: Zion Williamson, F (Duke)

Arthur Hill: It didn’t take long for the Duke freshman to prove he was the best player in college basketball. Unlike most No. 1 overall picks, Williamson comes into a solid situation with New Orleans’ upgraded roster, so he won’t need to be dominant right away. His talents will be fully unleashed in the NBA and he will be a strong favorite for Rookie of the Year.

2. Memphis Grizzlies: Ja Morant, G (Murray State)

Chris Crouse: Memphis traded away Mike Conley in order to make room for their new point guard of the future. Morant will likely be the selection here and he has big shoes to fill from day one.

3. New York Knicks: R.J. Barrett, F (Duke)

AH: It’s been a disappointing offseason already for the Knicks, who lost out on Zion Williamson, Anthony Davis, a healthy Kevin Durant, and probably Kyrie Irving too. They need to resist any temptation to gamble with the No. 3 pick and simply make the safe choice in Barrett. He’s a high-volume scorer who proved in college that he can be a play-maker as well. He will be a nice piece for what now looks like it could be a long rebuilding process.

4. New Orleans Pelicans: Darius Garland, G (Vanderbilt)

CC: Regardless of whether or not the Pelicans keep this selection, Garland should be the pick. He’s the fourth-best player in this draft and would arguably be in contention for a top-three selection had he played the entire season. There’s risk with this pick, but the upside is too great to allow him to fall in the draft.

5. Cleveland Cavaliers: Jarrett Culver, G (Texas Tech)

AH: At 6’7″ and a strong defender, Culver is an ideal complement to Collin Sexton in the Cavaliers’ backcourt. Culver was a versatile player in college, running the Texas Tech offense as well as being the team’s leading scorer. He also has a high basketball IQ and should be able to adjust to whatever role he asked to play.

6. Phoenix Suns, De’Andre Hunter, F (Virginia)

CC: The Suns may move on from Josh Jackson and T.J. Warren this offseason, which would leave their forward situation in flux. Hunter could come and add to a promising nucleus that includes Mikal Bridges, Devin Booker, and last year’s No. 1 overall pick Deandre Ayton.

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2019 NBA Offseason Salary Cap Digest: Golden State Warriors

The Warriors earned a spot in the NBA Finals for a fifth straight year in 2019, but health issues slowed them down against the Raptors and now appear likely to compromise their ability to contend for a title next season. With potential free-agents-to-be Kevin Durant and Klay Thompson recovering from a ruptured Achilles and torn ACL, respectively, Golden State may be preparing to commit huge money to two players who will barely see the court in 2019/20.

Here’s where things currently stand for the Warriors financially, as we continue our Offseason Salary Cap Digest series for 2019:

Guaranteed Salary

Player Options

Team Options

  • None

Non-Guaranteed Salary

  • Shaun Livingston ($5,692,308) 1
  • Alfonzo McKinnie ($1,588,231)
  • Total: $7,280,539

Restricted Free Agents

Unrestricted Free Agents / Other Cap Holds

Projected Salary Cap: $109,000,000
Projected Tax Line: $132,000,000

Offseason Cap Outlook

  • Realistic cap room projection: $0
  • If the Warriors let all their free agents go, they could create some cap room, but that’s extremely unlikely. Thompson, at least, is expected to sign a deal that would put the club over the cap, and Durant, Cousins, Cook, and Looney are all candidates to return too.

Cap Exceptions Available

  • Taxpayer mid-level exception: $5,711,000 4

Footnotes

  1. Livingston’s salary becomes fully guaranteed after June 30.
  2. The salaries for two-way players don’t count against a team’s cap, but their cap holds do during the offseason.
  3. The cap holds for Barnes and West remain on the Warriors’ books because they haven’t been renounced after going unsigned in 2018/19. They can’t be used in a sign-and-trade deal.
  4. This is a projected value. If the Warriors don’t re-sign both Thompson and Durant, they may be able to stay out of tax territory. In that case, they could instead have access to the full mid-level exception ($9,246,000) and the bi-annual exception ($3,619,000).

Note: Minimum-salary and rookie-scale cap holds are estimates based on salary cap projections and could increase or decrease depending on where the cap lands.

Salary information from Basketball Insiders and RealGM was used in the creation of this post. Photo courtesy of USA Today Sports Images.

Five Key Offseason Questions: Philadelphia 76ers

The Sixers took two major in-season gambles during the 2018/19 campaign, plucking Jimmy Butler from Minnesota and putting together a package of assets to acquire Tobias Harris from the Clippers.

The team’s five starters played in just 10 regular season games together due to various injuries and rest management. Those five saw their playoff run cut short in the second round after playing only 11 postseason games together as a group. The organization longs for an opportunity to get a larger sample size on its collection of talent.

Here are five key questions facing the franchise this summer:

1. How many starters will the Sixers bring back?

Philadelphia will face immense competition for Butler, Harris, and J.J. Redick on the free agent market.

Multiple teams are expected to offer Harris a max deal, with the Nets standing out as a noteworthy threat. The interest between Harris and Brooklyn is reportedly mutual. The Grizzlies, Jazz, Mavericks, Kings, and Pacers have all been linked to Harris as well.

Butler is confident he’ll also receive a full max and the Lakers will be among the teams looking to swoop in and steal the four-time All-Star. GM Elton Brand plans on doing everything he can to bring Butler back.

Redick’s underwhelming playoffs aside, his shooting will be coveted by many teams in the league. He made just over $12MM last year, though it’s unclear what the price range for him will be going forward as he prepares to enter his age-35 season.

The Sixers will be among the offseason winners if they can bring back all five starters and supplement them with an additional role player or two. Of the three pending free agents, I’d speculate Butler is the most likely to leave.

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Five Key Offseason Questions: Brooklyn Nets

After spending several years mired in NBA obscurity as the ramifications of an ill-fated trade with Boston limited their ability to acquire impact talent, the Nets finally broke through in 2018/19, earning their first playoff berth since 2015.

Suddenly, with the weight of the Celtics trade off their shoulders (Brooklyn’s 2018 first-round pick was the final piece of that deal), the Nets have a bright future ahead of them. They managed to add young talent like D’Angelo Russell, Caris LeVert, and Jarrett Allen in recent years despite a dearth of lottery picks, and they’re now positioned to bring in one or two star free agents to complement their young core.

Here are five key questions facing the franchise this summer:

1. What does the Nets’ Allen Crabbe trade signify?

It’s rare for two NBA teams to reach an agreement on a trade before the NBA Finals end, but the Nets and Hawks did just that last week, agreeing to a swap that will send Crabbe to Atlanta along with two first-round picks (this year’s No. 17 overall selection and next year’s top-14 protected pick). In return, Brooklyn will receive solid young wing Taurean Prince, Atlanta’s 2021 second-round pick, and – most importantly – additional cap flexibility.

The trade can’t officially be completed until July for cap reasons. But after removing the cap hold for the No. 17 pick ($2.96MM) and Crabbe’s expiring salary ($18.5MM) from their books and replacing it with Prince’s expiring deal ($3.48MM) and an empty roster charge ($897K), the Nets will have created about $17MM in extra cap space.

Before the deal, the Nets had no path to two maximum-salary slots and wouldn’t have had enough space for even a single max free agent if they’d retained Russell’s cap hold. Now, even if Russell sticks around, the club can comfortably afford a max-level player along with a second free agent above the mid-level. Renouncing Russell would clear a path to two max slots (with a caveat, as we’ll explain in the next section).

Teams generally don’t make this sort of move unless they know something — the Nets aren’t giving up two first-round picks to shed salary unless they’re pretty confident that the extra cap space will come in handy.

It’s probably not a coincidence that rumors linking Kyrie Irving to Brooklyn heated up right around the same time this deal was agreed upon. While things could change in the next few weeks, the possibility of Irving becoming a Net looks increasingly likely in the wake of the Crabbe trade, as a Thursday report suggested.

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Hoops Rumors Originals: 6/8/19 – 6/15/19

Every week, the Hoops Rumors writing team creates original content to complement our news feed. Here are our segments and features from the past seven days:

Five Key Offseason Questions: Utah Jazz

After a torrid second-half run to finish the 2017/18 season, the Jazz entered the 2018/19 campaign widely viewed as a probable top-four seed in the Western Conference. A brutal first-half schedule ultimately prevented Utah from reaching that goal, but the team finished strong again and reached the 50-win mark.

Unfortunately, for a second straight postseason, the Jazz found themselves matched up against their nemeses in Houston, and were unable to take more than a single game from the Rockets. The Jazz had a pretty quiet offseason a year ago, but in the wake of their early exit from the playoffs, they appear far less likely to run it back with the same roster again.

Here are five key questions facing the franchise this summer:

1. How drastically will the Jazz change their roster?

A year ago, the Jazz bet on continuity and the continued improvement of young players like Donovan Mitchell and Dante Exum. The team figures to take a different approach this time around, as newly-promoted president of basketball operations Dennis Lindsey indicated at season’s end.

“We want to move the group forward,” Lindsey told reporters after the Jazz were eliminated from the postseason. “And while we have a very good team, the results told us that we don’t have a great team.”

Lindsey’s comments suggest changes are on the way, but we know that the Jazz aren’t about to rebuild their roster from the ground up. Mitchell and Rudy Gobert are safe. Joe Ingles probably isn’t going anywhere either. However, there may not be many guarantees beyond that.

Derrick Favors has been in Utah since coming over from the Nets as the centerpiece of the Deron Williams trade in 2011, but his $17.6MM salary for next season is non-guaranteed, and he isn’t a lock to return.

Ricky Rubio has been the Jazz’s starting point guard for the last two seasons, but he told an international outlet earlier this month that he may not be in the team’s plans going forward.

The Jazz have been high on Exum since selecting him fifth overall in the 2014 draft, but after another injury-plagued season, it’s not clear how much longer the Australian point guard will be a fixture in Utah.

The Jazz’s core isn’t going anywhere, but there’s a possibility the pieces around them will look significantly different in 2019/20.

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NBA Offseason Trade Restrictions

While the NBA’s offseason trade market generally doesn’t officially swing into gear until after the NBA Finals end, teams can technically begin making deals after they’re eliminated from the playoffs. That means all 28 clubs that aren’t taking part in the Finals are eligible to make trades now, if they so choose — the Hawks and Nets agreed to the first one of the summer last week.

As teams weigh potential offseason trades, they’ll have to take into account a few groups of players whose trade eligibility – or lack thereof – may impact possible deals. While most players under contract through the summer are eligible to be moved, there are some exceptions. Here are the players who can’t be dealt for part or all of the offseason due to various trade rules:

Pending free agents

Players whose contracts will expire on June 30 can’t be traded prior to that date. Beginning in July, they can be moved in sign-and-trade deals, but those are rare. Once a 2019 free agent officially signs a new contract, he is ineligible to be traded until at least December 15, and perhaps even later than that if he meets certain criteria.

Player with options

Players who have team or player options for 2019/20 can’t be traded before those option decisions are made. In other words, a club can’t acquire a player with a team option in June, then decline that option before the end of the month as a way to create cap room.

However, a player who has an option year for ’19/20 on his contract technically can be traded, either before or after the new league year begins. As part of the deal though, his option would need to be exercised. That’s what happened a couple years ago with Chris Paul, for instance, when he was sent from Los Angeles to Houston.

So if the Heat want to explore trading Goran Dragic this summer, for instance, they’d have to rely on him exercising his player option for next season. If he turns down that option, he can’t be moved prior to June 30, and could only be moved in a sign-and-trade in July, significantly reducing the odds of a deal.

Recently signed players

The NBA’s Collective Bargaining Agreement doesn’t allow a team to trade a player within three months of signing him. So a player who signed with a team on March 14 still isn’t eligible to be dealt, as of today. Here are the players who signed multiyear contracts near the end of the 2018/19 season and aren’t yet eligible to be traded, along with dates representing the end of their three-month windows:

Players who sign Designated Veteran Extensions

Rookie scale extensions and standard veteran extensions impose some trade restrictions on players, but the Designated Veteran Extension takes those restrictions to another level by preventing its recipients from being traded for one full calendar year. That means anyone who signs such a deal this summer – say, Trail Blazers star Damian Lillard – wouldn’t be able to be traded for 12 months.

Besides Lillard, Anthony Davis (Pelicans) and Kemba Walker (Hornets) are also eligible for super-max contracts with their respective teams this offseason and would be ineligible to be traded for a full year if they sign them.

Waiver claims

Players who are claimed off waivers during the offseason can’t be traded until the 30th day of the following season. That means a team claiming a player off waivers this summer won’t be eligible to trade that player until mid-November.

Update: This restriction won’t apply Deyonta Davis, who was claimed off waivers from Atlanta by the Rockets on Wednesday. Even though Houston’s season is over, the league’s offseason doesn’t technically begin until after the NBA Finals ends, as cap expert Albert Nahmad clarifies (via Twitter). Davis will become trade-eligible on July 12, 30 days after he was claimed. A player claimed off waivers after the Finals end won’t be eligible to be moved until November.

Recently signed draftees

Recently drafted players are often dealt on draft night before they’ve officially signed their first NBA contracts, since there are no restrictions limiting a team’s ability to trade a player’s draft rights. However, once the player officially signs his rookie contract, he can’t be moved for a full month (30 days).

Photo courtesy of USA Today Sports Images.

Five Key Offseason Questions: Indiana Pacers

The Pacers‘ refusal to slide too far down the Eastern Conference standings after Victor Oladipo‘s season-ending quad injury in 2018/19 was representative of the franchise’s history over the last three decades. Throughout multiple management regimes, Indiana has never seriously considered bottoming out and building through the lottery — the team hasn’t won fewer than 32 games in a season since 1988/89.

Even with Oladipo still recovering and six of their eight playoff rotation regulars headed for unrestricted free agency, the Pacers will carry that approach into the 2019 offseason and into the ’19/20 season. As long as Indiana doesn’t have a disastrous offseason, it’s probably safe to assume we’ll see the club back in the playoffs again in 2020.

Here are five key questions facing the franchise this summer:

1. Which of their free agents do the Pacers want to bring back?

Bojan Bogdanovic, Thaddeus Young, Darren Collison, Cory Joseph, Wesley Matthews, Tyreke Evans, and Kyle O’Quinn are all on track to reach the open market this summer, so it’s possible the Pacers’ roster will look very different next season. Still, I’d expect the team to try to re-sign at least a couple of its free agents.

We can rule out Evans as an option — he has been disqualified from playing in the NBA for the next two seasons for violating the league’s drug policy. I’d also be surprised if O’Quinn returns. He didn’t play a regular role for Indiana after signing for the room exception, and will likely seek a team willing to give him more consistent backup minutes.

The Pacers figure to at least kick the tires on the rest of their free agents though, with Bogdanovic topping the list of priorities. The 30-year-old sharpshooter took on more substantial scoring and play-making responsibilities following Oladipo’s injury, and while he won’t play that same role if the Pacers’ MVP comes back healthy, Bogdanovic proved that he can be a very valuable asset. He’ll be in line for a raise on his $10.5MM salary, and Indiana is in a good position to give it to him.

The Pacers will look to bring back Bogdanovic for his offensive skill set, but for Young, it’s his defensive versatility that makes him a reliable contributor. Although he can chip in on the offense end – even a little as a passer, as his career-high 2.5 APG showed – Young’s value stems from his ability to capably guard both wings and bigs. If Indiana can bring him back at a price similar to – or below – his $13.76MM salary from last season, that’d be a solid investment.

Collison, Joseph, and Matthews are all candidates to return. However, I wouldn’t expect both point guards to re-sign in Indiana, and it’s possible the team won’t aggressively pursue either. Matthews, meanwhile, joined the Pacers on the buyout market because of the team’s promise of a significant role. With Oladipo on his way back, there’s no guarantee that Indiana would be able to offer him that sort of playing time again.

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Five Key Offseason Questions: Oklahoma City Thunder

An MVP-caliber season from Paul George had the Thunder looking like one of the Warriors’ most dangerous challengers for the Western Conference crown for much of the year. However, with George battling a shoulder issue by season’s end, the team once again flamed out early in the playoffs, as Damian Lillard ended Oklahoma City’s season with a memorable dagger in Game 5 of the first round.

After paying a league-high $61MM+ luxury tax bill for a roster that produced a single postseason win, Thunder ownership will have to decide whether to double down or pull back for the 2019/20 campaign. The club’s front office will in turn have its offseason options impacted by that decision.

Here are five key questions facing the franchise this summer:

1. Will the Thunder trade any core pieces?

The Thunder’s de facto “Big Three” – George, Russell Westbrook, and Steven Adams – will combine to earn more than $97MM next season, and all three players have multiple guaranteed seasons left on their respective contracts. If Oklahoma City wants to cut costs going forward, moving one of those players would be a start.

It’s not just about shedding salary though. The Thunder haven’t won a playoff series since Kevin Durant‘s departure in 2016. Westbrook and Adams were cornerstones in each of those three seasons, while George has been there for the last two. As the sample size keeps increasing and the postseason losses keep piling up, it’s fair to question whether this core is capable of making a deep playoff run — especially since the exorbitant cost of the trio limits the Thunder’s ability to add reinforcements.

George, who will earn $33MM in 2019/20, certainly proved last season that he’s worth the price tag, and there’s no chance that the Thunder will look to move him one year after he committed to the organization long-term.

Westbrook, who will make $38.5MM in the second season of his five-year super-max deal, has a more unfavorable contract, but he’s not going anywhere either. As his efficiency numbers continue to slip, it’s looking increasingly likely that the last couple years of his contract ($44.2MM in 2021/22; $47MM in 2022/23) will be hard to swallow, but he’s the heart and soul of the Thunder, and the engine who drives the team. Oklahoma City wouldn’t seriously consider trading him unless he wanted out.

That leaves Adams, who looks like the only realistic trade candidate of the group. If the Thunder could take his $25.8MM cap charge and commit half that money to a stretch four and the other half a to a two-way wing, I’m sure they’d jump at the chance to do so. But the odds of finding a trade along those lines are slim. It wouldn’t surprise me if Oklahoma City gauges the trade market for Adams this summer, but there won’t be teams clamoring to acquire him at that price.

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