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Wolves Rumors: Hernangomez, Edwards, Rubio, Beasley

November 27th, 2020 at 1:53pm CST by Luke Adams

Timberwolves restricted free agent forward Juan Hernangomez initially sought an offer in excess of $10MM per year, sources tell Jon Krawczynski of The Athletic. Unwilling to meet that price right off the bat, the Wolves “essentially told” Hernangomez to prove he could get an offer from another club while they went looking for possible alternatives at power forward, writes Krawczynski.

Minnesota ended up reaching out to a number forwards in free agency, including Derrick Jones (as previously outlined), Paul Millsap, Jae Crowder, and JaMychal Green, and inquired on possible trades involving Magic forward Aaron Gordon, Rockets forward P.J. Tucker, and Cavaliers big man Larry Nance Jr., sources tell Krawczynski.

The Timberwolves didn’t have any luck with any of those potential targets, but held firm on their offer to Hernangomez, who mulled the possibility of accepting the one-year qualifying offer worth $4.64MM, per Krawczynski. Ultimately, the two sides came to an agreement on a three-year, $21MM deal that has a third-year team option.

Here’s more out of Minnesota:

  • The Timberwolves chose Anthony Edwards with the No. 1 pick last week because they believe he has the clearest path of any of this year’s draft-eligible prospects to becoming a multi-time All-Star, says Krawczysnki.
  • Sources tell The Athletic that the team’s acquisition of Ricky Rubio was partly motivated by seeing what the veteran point guard did for Donovan Mitchell and Devin Booker at his previous stops and a belief that he’ll aid Edwards’ development.
  • The Knicks told Malik Beasley he’d be their Plan B in free agency if they couldn’t land Gordon Hayward, according to Krawczynski. Recognizing that New York could be a threat to put forth a troublesome offer sheet, the Wolves went in with an aggressive pitch on the opening night of free agency and secured a commitment from Beasley on the spot. Sources tell The Athletic that Beasley has appreciated the support he’s received from the franchise since running into off-court legal problems.
  • The Timberwolves officially announced Beasley’s new deal today. Keith Smith of Yahoo Sports (Twitter link) has the year-by-year financial breakdown of that contract, which guarantees the swingman $43MM+ over three years.
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Knicks Add Austin Rivers Via Sign-And-Trade

November 27th, 2020 at 11:11am CST by Luke Adams

The Knicks have officially completed their addition of Austin Rivers in a sign-and-trade deal with the Rockets rather than signing him outright, announcing the move today in a press release.

The move also sends the draft rights of three players – guard Sergio Llull, forward Tadija Dragicevic, and forward Axel Hervelle – to New York. In exchange, the Rockets receive the draft rights to guard Issuf Sanon and create a modest trade exception.

Rivers had agreed over the weekend to sign a three-year, $10MM deal with the Knicks. The final two years of his new contract are non-guaranteed, which is permitted under sign-and-trade rules.

The inclusion of Llull in this deal is the most interesting new piece of information. The Rockets have long attempted to get the Spanish guard, who was selected 34th overall in the 2009 draft, to come stateside and play in the NBA, but he has preferred to remain in his home country with Real Madrid — he has played for the EuroLeague club since 2007.

At age 33, Llull seems increasingly unlikely to ever make the move to the NBA. That’s even more true of Dragicevic and Hervelle, who were drafted in 2008 and 2005, respectively, and are in their mid-30s now. However, their rights could be useful as filler in future trades.

Sanon, who has played for Slovenian and Ukrainian teams since being drafted in 2018, is still a candidate to eventually sign an NBA contract. He was the 44th overall pick two years ago and is still just 21 years old.

Of course, the only player of immediate importance in the deal is Rivers, who will add some veteran experience to the Knicks’ backcourt in 2020/21. He averaged 8.8 PPG and 2.6 RPG on .421/.356/.703 shooting in 68 games (23.4 MPG) for the Rockets last season.

New York will technically be hard-capped as a result of acquiring a player via sign-and-trade. The team remains far below the cap for the time being though, so it’s fair to assume that $138.93MM hard cap won’t become an issue in 2020/21.

Photo courtesy of USA Today Sports Images.

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NBA Teams With Hard Caps For 2020/21

November 27th, 2020 at 10:30am CST by Luke Adams

The NBA salary cap is somewhat malleable, with various exceptions allowing every team to surpass the $109,140,000 threshold once their room is used up. In some cases, teams blow past not only the cap limit, but the luxury-tax limit of $132,627,000 as well — the Warriors project to have a nine-figure tax bill this season as a result of their spending.

The NBA doesn’t have a “hard cap” by default, which allows a club like Golden State to build a significant payroll without violating CBA rules. However, there are certain scenarios in which teams can be hard-capped, as we explain in a glossary entry.

When a club uses the bi-annual exception, acquires a player via sign-and-trade, or uses more than the taxpayer portion ($5,718,000) of the mid-level exception, that club will face a hard cap for the remainder of the league year.

When a team becomes hard-capped, it cannot exceed the “tax apron” at any point during the rest of the league year. The tax apron was set $6MM above the luxury tax line in 2017/18 (the first year of the current Collective Bargaining Agreement) and creeps up a little higher each time the cap increases. For the 2020/21 league year, the tax apron – and hard cap for certain clubs – is set at $138,928,000.

More than half the teams in the NBA have been willing to hard-cap themselves this offseason, and in some cases, it will significantly impact a team’s ability to add further reinforcements later in the league year. The Bucks and Lakers are among the teams right up against the hard cap, which may prevent them from being players in free agency during the season unless they can shed salary.

For other clubs, the hard cap is just a technicality that won’t affect their plans. The Hawks and Thunder are among the hard-capped clubs that will have zero practical concerns about reaching that threshold in 2020/21.

Listed below are the hard-capped teams for the 2020/21 league year, along with how they created a hard cap.

Atlanta Hawks

Boston Celtics

Charlotte Hornets

Dallas Mavericks

Denver Nuggets

Detroit Pistons

  • Acquired Jerami Grant from the Nuggets via sign-and-trade.

Houston Rockets

Los Angeles Clippers

  • Using non-taxpayer mid-level exception on Serge Ibaka.

Los Angeles Lakers

Miami Heat

Milwaukee Bucks

New York Knicks

Oklahoma City Thunder

Phoenix Suns

  • Using non-taxpayer mid-level exception on Jae Crowder.

Portland Trail Blazers

Toronto Raptors

Utah Jazz

Washington Wizards

  • Using non-taxpayer mid-level exception on Robin Lopez.

This list could continue to grow during the offseason if other teams acquire a player via sign-and-trade, use more than the taxpayer portion of their mid-level exception, or use their bi-annual exception.

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Rockets Officially Announce Four Signings

November 26th, 2020 at 12:55pm CST by Luke Adams

The Rockets have issued a press release officially confirming that they’ve completed four recently-reported free agent contracts. Those deals are for the following players:

Caboclo, Tate, and Brown will all be part of Houston’s 15-man roster in 2020/21, while Jones will occupy one of the team’s two-way slots, alongside Kenny Wooten. Brown reportedly received a one-year contract, with Caboclo getting one year plus a second-year team option. Tate reportedly signed a three-year deal worth a little above the minimum.

Once the Rockets officially sign DeMarcus Cousins and Kenyon Martin Jr., as is expected, they’ll have one open spot remaining on their projected 15-man squad for the regular season.

The team previously made a formal announcement to confirm the acquisition of its top free agency addition, Christian Wood.

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Glenn Robinson III Receiving Interest From Lakers, Clippers, Others

November 26th, 2020 at 9:08am CST by Luke Adams

Free agent swingman Glenn Robinson III has received interest from several playoff teams, according to Michael Scotto of HoopsHype, who identifies the Lakers, Clippers, Rockets, Nets, and Jazz as the teams eyeing Robinson.

Robinson, who turns 27 in January, began last season with the Warriors and played some of the best basketball of his career in Golden State. In 48 games (all starts) for the Dubs, he averaged 12.9 PPG and 4.7 RPG on .481/.400/.851 shooting in 31.6 minutes per contest.

After being traded from Golden State to Philadelphia at February’s deadline, Robinson saw his role cut back significantly and his numbers dipped accordingly (7.7 PPG and 3.1 RPG in 19.3 MPG). He only logged 36 total minutes in the 76ers’ first-round playoff series, a four-game sweep at the hands of Boston.

While Robinson is unlikely to start for a playoff team in 2020/21, he’d offer solid depth on the wing for any of the potential suitors listed above. Not all of those clubs are limited only to minimum-salary offers, but it won’t be a surprise if the former Michigan Wolverine ends up signing for the minimum.

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Rockets, Kings Finalize Kenyon Martin Jr. Trade

November 25th, 2020 at 2:24pm CST by Arthur Hill

NOVEMBER 25: The Rockets and Kings have each sent out press releases confirming that the trade is complete. Houston officially acquired the rights to Martin in exchange for the Lakers’ 2021 second-rounder and cash, as detailed below.

NOVEMBER 18: The Rockets have agreed to reacquire their pick at No. 52 and used it to select Kenyon Martin Jr., tweets Jeremy Woo of Sports Illustrated.

In order to land Martin at No. 52, the Rockets sent $1MM in cash and the Lakers’ 2021 second-round pick to Sacramento, reports Tim MacMahon of ESPN (Twitter link).

Martin, the son of the first pick in the 2000 draft, played this year at IMG Academy in Bradenton, Florida, after originally committing to Vanderbilt. The 19-year-old was among the players selected for the NBA’s virtual draft combine.

The Rockets originally sent the pick to Sacramento in a three-way trade in 2019 to acquire Iman Shumpert.

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Bruno Caboclo Plans To Re-Sign With Rockets

November 25th, 2020 at 2:10pm CST by Luke Adams

Free agent forward Bruno Caboclo says he has a contract offer on the table from the Rockets that he intends to sign, as Mark Berman of FOX 26 Houston relays (video link). According to Caboclo, it’s a two-year, minimum-salary deal with a team option on the second season.

Caboclo, 25, was acquired by the Rockets in a trade-deadline deal in February. He didn’t play a whole lot for Houston down the stretch, appearing in just eight regular season games and two postseason contests, but a report earlier this week said the team was interested in bringing him back.

The 20th overall pick in 2014, Caboclo has changed teams several times since being drafted, averaging 4.3 PPG and 2.6 RPG over a total of 99 games (12.7 MPG) for Toronto, Sacramento, Memphis, and Houston.

He projects to be the 14th man on Houston’s roster.

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Rockets Notes: Harden, Westbrook, Diop, Caboclo, Green

November 24th, 2020 at 9:56pm CST by Dana Gauruder

The Rockets are likely to start training camp and the regular season with James Harden and Russell Westbrook on the roster, Adrian Wojnarowski said on ESPN’s SportsCenter (video link). Houston has not engaged on trade talks involving Harden. The team has tried to find a taker for Westbrook but his contract, which has three years and $132.5MM remaining, makes it very difficult. “That’s not an easy trade to make,” Wojnarowski said.

We have more on the Rockets:

  • DeSagana Diop has joined Stephen Silas’ coaching staff, Tim MacMahon of ESPN tweets. Diop, who appeared in over 600 games as an NBA player, had been a Jazz assistant coach the last four years.
  • The Rockets’ front office would like to re-sign free agent big man Bruno Caboclo, according to The Athletic’s Kelly Iko. Caboclo, 24, was dealt from Memphis to Houston at the trade deadline in February, but didn’t see much action after joining the Rockets. He appeared in just eight regular-season games and made two postseason cameos.
  • Gerald Green remains hopeful the Rockets will re-sign him, Mark Berman of KRIV tweets. “Everybody knows how much I feel about this city and what this city feels for me,” Green said. The veteran swingman missed the entire 2019/20 season due to a broken foot and has been training privately in Houston.
  • ICYMI, Sterling Brown agreed to a one-year deal with the Rockets on Sunday.
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Rockets, Pistons Complete Christian Wood Sign-And-Trade

November 24th, 2020 at 3:59pm CST by Luke Adams

3:59pm: Bobby Marks of ESPN has the new protections on the Pistons’ first-round pick being sent to Houston in the deal. According to Marks (Twitter link), it’s top-16 protected in 2021 and 2022, top-18 in ’23 and ’24, top-13 in ’25, top-11 in ’26, and top-nine in ’27. If it still hasn’t changed hands by that point, the Rockets will get a 2027 second-round pick.

3:38pm: The Pistons and Rockets each issued press releases today to formally announce that free agent big man Christian Wood has officially been sent to Houston in a sign-and-trade deal.

The move combines Wood’s deal with the Trevor Ariza trade the two teams originally agreed to last week. The end result is as follows:

  • Pistons acquire Ariza, the draft rights to Isaiah Stewart (the No. 16 pick in the draft), cash ($4.6MM), and a future Rockets second-round pick.
  • Rockets acquire Wood (via sign-and-trade), the Pistons’ 2021 first-round pick (heavily protected) and the Lakers’ 2021 second-round pick.

The Pistons’ and Rockets’ official announcements offer even fewer specifics than outlined above, so we’ll have to wait for clarification on the last few aspects of the deal, such as the future second-rounder going to Detroit and the protections on the first-round pick going to Houston.

That Pistons first-rounder was initially expected to be top-16 protected for four years, but Detroit reportedly increased the protections a little further when the team agreed to accommodate Wood’s sign-and-trade. The Rockets were unable to offer Wood his three-year, $41MM deal without the Pistons’ cooperation.

Now that this deal is complete, Ariza can be traded for the third time of the offseason. The veteran forward has already been sent from Portland to Houston to Detroit and will now be rerouted to Oklahoma City as part of a three-team trade involving the Pistons, Thunder, and Mavericks.

Meanwhile, the Rockets officially add one of the top free agents of this year’s class. Wood had a breakout year in 2019/20, though his full-season stats (13.1 PPG, 6.3 RPG) don’t tell the full story — after he entered the starting lineup following the Pistons’ Andre Drummond trade, he recorded 22.8 PPG, 9.9 RPG, and 2.0 APG over his final 13 games.

Wood will join a Rockets squad that no longer seems intent on continuing the micro-ball experiment that they attempted last season after trading Clint Capela to Atlanta. Houston has also reached a deal to sign DeMarcus Cousins.

Photo courtesy of USA Today Sports Images.

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Workout Convinced Rockets To Ink Cousins

November 23rd, 2020 at 7:47pm CST by Dana Gauruder
  • A workout on Monday convinced the Rockets to sign DeMarcus Cousins, Chris Haynes of Yahoo Sports tweets. Cousins’ workout squelched any concerns about Cousins’ health, Haynes adds. Cousins agreed to a non-guaranteed one-year deal.
  • The acquisition of Christian Wood should have a major impact on the retooled Rockets, Jonathan Feigen of the Houston Chronicle writes. Wood, who’s headed to Houston on a sign-and-trade, should provide elite production in pick-and-rolls with two star play-makers setting him up. Wood’s perimeter shooting will facilitate the Rockets’ small lineups by provide spacing for Westbrook with his ability to attack closeouts off the dribble and finish, Feigen adds.
  • The Mavericks tried to trade up in the draft to land guard Tyrese Haliburton, according to ESPN’s Zach Lowe (hat tip to RealGM). Dallas attempted to trade multiple picks to lottery teams in the 7-11 range to make that move. Haliburton was ultimately selected at No. 12 by the Kings. The Mavs also tried to work out a deal with the Rockets for small forward Robert Covington, according to Jonathan Givony of ESPN, but Houston instead chose to deal him to the Trail Blazers.
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