Houston Rockets Rumors | Hoops Rumors

Wesley Matthews Bought Out By Knicks, Plans To Sign With Pacers

February 7th, 2019 at 4:14pm CST by Dana Gauruder

4:14pm: The Knicks have officially waived Wesley Matthews, the team announced on social media.

2:28pm: Matthews will be bought out by the Knicks later today and intends to sign with the Pacers once he clears waivers, tweets Charania.

2:03pm: Shooting guard Wesley Matthews is expected to reach a buyout agreement with the Knicks, and the Pacers are the frontrunners to sign Matthews once he clears waivers, Shams Charania of The Athletic tweets. Matthews is also expected to draw interest from the Warriors and Rockets and possibly other contenders, according to Marc Stein of the New York Times (Twitter link).

The Knicks are expected to retain veteran enter DeAndre Jordan, rather than buy him out. Stein adds. Jordan, who like Matthews will be an unrestricted free agent this summer, was also acquired in the blockbuster deal that shipped star big man Kristaps Porzingis to the Mavericks.

The Knicks have already been working on a buyout with disgruntled center Enes Kanter and that could be finalized as early as today, ESPN’s Adrian Wojnarowski tweets.

Matthews and Kanter both have expiring $18.6MM contracts. Jordan is making $22.9MM.

Matthews, who is averaging 13.1 PPG and shooting 38% on his 3-point attempts, would be a natural fit for Indiana as it seeks to replenish its backcourt in the wake of Victor Oladipo‘s season-ending injury.

New York’s desire to keep Jordan is mainly due to his willingness to mentor their young bigs, especially rookie center Mitchell Robinson.

Moves Designed To Retain Flexibility

February 7th, 2019 at 3:39pm CST by Dana Gauruder

The Rockets’ latest moves prior to the trade deadline were mainly designed to open up a roster spot and find another piece on the buyout market, GM Daryl Morey told the Houston Chronicle’s Jonathan Feigen (Twitter link). The Rockets also wanted to “create flexibility now and down the road,” Morey said.

The Rockets were involved in a three-way deal with the Kings and Cavaliers in which they shipped out Brandon Knight and Marquese Chriss and acquired Iman Shumpert, Nik Stauskas and Wade Baldwin. They soon traded Stauskas and Baldwin to the Pacers and dealt James Ennis to the Sixers without receiving any players in return.

Trade/Buyout Rumors: Kaminsky, Vonleh, Kanter, More

February 7th, 2019 at 1:00pm CST by Luke Adams

The Hornets are still “pushing hard” for a taker for Frank Kaminsky and there are indications that teams are interested, tweets Marc Stein of The New York Times. The fourth-year center will be a restricted free agent this summer and doesn’t appear to be in Charlotte’s long-range plans.

The ninth selection in the 2015 draft, Kaminsky has only appeared in 24 games under new coach James Borrego and is averaging 5.5/2.5/1.1 in about 11 minutes per night. He has fallen completely out of the rotation over the past two months, playing just 41 minutes in Charlotte’s last 23 games.

There’s more to pass along as the deadline gets closer:

The Nuggets have expressed interest in acquiring Noah Vonleh from the Knicks, tweets Ian Begley of ESPN. Vonleh has been productive in New York since signing a minimum contract, averaging 8.6 points and 8.5 rebounds per night, mostly as a starter. He will be a free agent this summer. Denver has a pair of trade exceptions that Vonleh would fit into and is about $7MM under the luxury tax.
While Enes Kanter probably won’t be traded today, he’s expected to reach the buyout market, and rival executives believe the Celtics will be among the teams with interest in him, sources tell Begley (Twitter link).
Elsewhere on the buyout market front, Marc Stein of The New York Times (Twitter link) adds the Pacers to the list of clubs that will have interest in Wesley Matthews if and when he’s bought out.
The Rockets, another team with potential interest in Matthews, still intend to be active on the buyout market after sneaking under the luxury tax threshold today, a source tells Tim MacMahon of ESPN.com (Twitter link).

Arthur Hill contributed to this post.

Shumpert To Rockets, Burks to Kings In 3-Team Trade

February 7th, 2019 at 11:33am CST by Arthur Hill

FEBRUARY 7, 11:33am: The trade is now official, the Cavaliers confirmed in a press release. Here are the full details:

Cavaliers acquire Knight, Chriss, the Rockets’ 2019 first-round pick, and the Rockets 2022 second-round pick.
Rockets acquire Shumpert, Stauskas, Baldwin, and the Bucks’ 2021 second-round pick (from Cleveland).
Kings acquire Burks and lesser of the Rockets’ and Warriors’ 2020 second-round picks.

FEBRUARY 7, 7:21am: The draft pick the Kings are receiving from Houston in the deal will be the lesser of the Rockets’ and Warriors’ second-rounders in 2020, tweets James Ham of NBC Sports California.

FEBRUARY 6, 8:10pm: The Cavaliers will also receive a lottery-protected 2019 first-round pick from the Rockets, relays Chris Fedor of Cleveland.com, who states that the front office is “thrilled” by what it was able to get in return for Burks.

7:25pm: The Kings, Rockets and Cavaliers have agreed to a three-team deal that will send Iman Shumpert to Houston, Alec Burks and a second-round pick to Sacramento and Marquese Chriss and Brandon Knight to Cleveland, tweets Chris Haynes of Yahoo Sports.

The Rockets will also receive Nik Stauskas and Wade Baldwin from the Cavs, adds ESPN’s Adrian Wojnarowski (Twitter link). Both guards were acquired Sunday when Cleveland shipped Rodney Hood to Portland. Houston hasn’t decided whether to keep both players for the rest of the season, according to Jonathan Feigen of The Houston Chronicle (Twitter link).

Because they were just acquired, Stauskas and Baldwin can’t be aggregated in the same trade, so the Cavaliers and Rockets will have to make two separate deals, tweets Keith Smith of Real GM. Burks will be traded for Knight, while Chriss’ $3.2MM salary will be absorbed with the TPE that Cleveland created by sending Hood to the Trail Blazers.

The Cavaliers had to include both guards to remain below the luxury tax, Bobby Marks posts on ESPN Now. They created a $1.5MM trade exception for each player and are now $1.2MM under the tax. Knight carries cap hits of $14.6MM for this season and $15.6MM for 2019/20, while Chriss has a $3.2MM expiring deal. Cleveland is dangerously close to tax territory for next season, Marks adds, hovering about $10MM below without accounting for a projected top five draft pick.

Houston will save $6.3MM in projected tax payments and bring its bill down to $6.1MM, Marks notes in a separate post. The total could drop even lower depending on what happens with $1.5MM in bonuses for Clint Capela, who is sidelined after thumb surgery. The Rockets will inherit Shumpert’s Bird rights and will sit about $4MM above the tax threshold with the addition of the three players.

The Rockets had been seeking veteran wing help and were hoping to unload the contracts of Knight and Chriss after acquiring them from Phoenix over the summer in a deal to unload Ryan Anderson‘s hefty salary. Shumpert has an $11MM expiring contract. Burks also has an expiring deal worth a little more than $11.5MM.

Photo courtesy of USA Today Sports Images.

Forbes Releases 2019 NBA Franchise Valuations

February 6th, 2019 at 1:03pm CST by Luke Adams

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:

New York Knicks: $4 billion
Los Angeles Lakers: $3.7 billion
Golden State Warriors: $3.5 billion
Chicago Bulls: $2.9 billion
Boston Celtics: $2.8 billion
Brooklyn Nets: $2.35 billion
Houston Rockets: $2.3 billion
Dallas Mavericks: $2.25 billion
Los Angeles Clippers: $2.2 billion
Miami Heat: $1.75 billion
Toronto Raptors: $1.675 billion
Philadelphia 76ers: $1.65 billion
San Antonio Spurs: $1.625 billion
Portland Trail Blazers: $1.6 billion
Sacramento Kings: $1.575 billion
Washington Wizards: $1.55 billion
Phoenix Suns: $1.5 billion
Oklahoma City Thunder: $1.475 billion
Utah Jazz: $1.425 billion
Indiana Pacers: $1.4 billion
Denver Nuggets: $1.375 billion
Milwaukee Bucks: $1.35 billion
Orlando Magic: $1.325 billion
Atlanta Hawks: $1.3 billion
Cleveland Cavaliers: $1.275 billion
Detroit Pistons: $1.27 billion
Minnesota Timberwolves: $1.26 billion
Charlotte Hornets: $1.25 billion
New Orleans Pelicans: $1.22 billion
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.

Rockets, Cavs Remain Engaged On Alec Burks

February 6th, 2019 at 11:43am CST by Luke Adams

As of Tuesday night, the Rockets and Cavaliers remained engaged in trade discussions involving Cleveland guard Alec Burks, according to Jason Lloyd of The Athletic. The hypothetical deal would send Brandon Knight and a first-round pick to the Cavs, Lloyd notes.

ESPN’s Zach Lowe reported last week that Houston and Cleveland had talked about a trade involving Burks, Knight, and a first-rounder, but suggested at the time that those discussions had “quieted.” Based on Lloyd’s account, it sounds like neither club has closed the door on a deal quite yet.

Burks, 27, has enjoyed a solid bounce-back season after being traded from Utah to Cleveland earlier this season. In 34 games (28 starts) as a Cavalier, the former 12th overall pick – who will be an unrestricted free agent at season’s end – has averaged 11.6 PPG, 5.5 RPG, and 2.9 APG on .400/.378/.806 shooting.

Trading for Burks would cost the Rockets their 2019 first-round pick, but it would create extra financial breathing room for 2019/20 by clearing Knight’s salary. Houston will have ongoing tax concerns moving forward and would like to move Knight’s contract if possible.

The Cavs, having already traded Kyle Korver, George Hill, and Rodney Hood, are looking to get what they can for their veteran assets, but a Burks trade wouldn’t be popular in the locker room, Lloyd writes. According to Lloyd, Burks has “built up equity” among Cleveland’s veterans since arriving from Utah and some would like to see him stick around long-term, though that appears unlikely.

As Kevin O’Connor of The Ringer reiterated earlier today, the Rockets are also dangling Knight, a first-round pick, and Marquese Chriss in talks with the Grizzlies, presumably for JaMychal Green and Garrett Temple. If Houston prefers that potential deal with Memphis, perhaps the club views a Burks acquisition as a Plan B.

The Thunder are also said to have interest in Burks, per O’Connor.

O’Connor’s Latest: Gasol, Conley, OKC, Prince, More

February 6th, 2019 at 11:16am CST by Luke Adams

As we relayed earlier today, Kevin O’Connor of The Ringer hears that the Hornets‘ offer for Grizzlies center Marc Gasol is Bismack Biyombo, Michael Kidd-Gilchrist, and a protected first-round pick. That would be an underwhelming return for Gasol, but there hasn’t been much league-wide interest in the 34-year-old, O’Connor writes.

The Kings and Pistons were among the teams potentially in the mix for Gasol, according to O’Connor, but Memphis didn’t have any interest in Detroit center Andre Drummond and Sacramento was unwilling to part with promising young wing Bogdan Bogdanovic, whom the Grizzlies wanted.

The Raptors reportedly explored a potential Gasol deal, initially attempting to come up with an individual trade for one Grizzlies veteran before turning it into a package for both Gasol and Mike Conley, O’Connor writes. However, those talks didn’t advance and league sources tell The Ringer that it’s unlikely Toronto ends up with Gasol or Conley.

Elsewhere on the Conley front, the Jazz continue to make a strong push, with an offer that includes Ricky Rubio, Derrick Favors, and a first-round pick, per O’Connor. The sense around the NBA is that the Grizzlies won’t settle for a modest return for Conley, which is something we heard in relation to the Pistons’ offer earlier today.

O’Connor’s latest piece for The Ringer features several more trade-related tidbits, so we’ll round them up here…

The Thunder are believed to be among the teams with interest in Cavaliers guard Alec Burks, league sources tell O’Connor. However, Burks wouldn’t fit into OKC’s $10.88MM trade exception. The Thunder, along with the Sixers and Trail Blazers, have expressed interest in Hawks wing Taurean Prince, O’Connor adds.
Following up on his report from last week about the Rockets and Grizzlies discussing a Brandon Knight trade, O’Connor suggests that Marquese Chriss and a first-round pick would also go to Memphis in that proposed deal. Houston would be targeting JaMychal Green and Garrett Temple in the swap, though it remains in the discussion stage for now.
The Kings have made calls about veteran forwards Harrison Barnes (Mavericks) and Otto Porter (Wizards) but have found no traction on a Porter deal, writes O’Connor.
While DeAndre Jordan looks like an obvious trade candidate, it wouldn’t be a major surprise if the Knicks keep him around as a potential recruiter for Kevin Durant, according to O’Connor, who notes that Durant and Jordan are good friends. Stefan Bondy of The New York Daily News wrote about this subject on Tuesday.
League sources don’t expect the Celtics to do anything at the deadline with Terry Rozier, since he could serve as potential Kyrie Irving insurance or a sign-and-trade sweetener for Anthony Davis in the offseason, says O’Connor.
According to O’Connor, the Pacers remain open to moving one of their two veteran point guards, Cory Joseph or Darren Collison. Both players are on expiring contracts.

NBA G League Assignments/Recalls: 2/4/19

February 4th, 2019 at 7:18pm CST by Dana Gauruder

Here are Monday’s assignments and recalls from the G League:

The Nets assigned forward Mitch Creek to the Long Island Nets, then recalled him and rookie Dzanan Musa in time for tonight’s game against Milwaukee, Brian Lewis of the New York Post tweets. Musa scored 26 points and Creek added 15 in Long Island’s loss to the Fort Wayne Mad Ants on Monday afternoon. Creek signed a second 10-day contract on Monday morning.
The Celtics recalled rookie big man Robert Williams from the Maine Red Claws, the team’s PR department tweets. The first-round pick has appeared in 22 games with Boston this season.
The Rockets assigned forward Gary Clark to the Rio Grande Valley Vipers, Jonathan Feigen of the Houston Chronicle tweets. Clark has appeared in 36 games with the Rockets, including one start, averaging 2.9 PPG and 2.6 RPG in 14.6 MPG.

Deveney’s Latest: Blazers, Harkless, Saric, Matthews

February 4th, 2019 at 3:55pm CST by Luke Adams

After officially acquiring Rodney Hood in a trade with Cleveland earlier today, the Trail Blazers may not be done dealing, writes Sean Deveney of Sporting News. According to Deveney, some executives around the NBA have suggested that Portland regretted its relative inactivity at last season’s deadline and is more willing to make moves this time around.

Whether the Trail Blazers do anything drastic may hinge on their willingness to move second-year big man Zach Collins, according to Deveney, who says that the team has “resisted inquiries” on Collins so far.

Maurice Harkless is among the Trail Blazers who could be had though, and the team is open to moving its first-round pick as well, per Deveney. Harkless has one more year on his contract after this season, which figures to limit his value — teams like the Knicks and Nets have had interest in him in the past, but won’t want to compromise their 2019 cap flexibility by acquiring him now, Deveney observes.

Here’s more on the Blazers, plus a couple other notes from Deveney on the trade market:

Nikola Mirotic (Pelicans), Jeremy Lin (Hawks), Evan Fournier (Magic), and JaMychal Green (Grizzlies) are among the players the Trail Blazers have expressed interest in, sources tell Deveney.
Dario Saric‘s production and playing time has dipped since Ryan Saunders took over as the Timberwolves‘ head coach, and Deveney suggests that it wouldn’t be a shock to see Saric back on the trade block in the offseason, or even this week. “He could be had for a decent offer, a first-rounder and a player,” one league executive told Deveney.
Deveney reiterates that the Raptors and Rockets are expected to be among the favorites for Wesley Matthews if he’s bought out, as we heard earlier today. The Bucks wouldn’t be among Matthews’ suitors, per Deveney, though Milwaukee hopes to add one more frontcourt piece via trade or free agency.

Wesley Matthews Would Be Popular Target On Buyout Market

February 4th, 2019 at 10:04am CST by Luke Adams

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.”