Rockets Rumors

Bulls, Rockets Complete Carmelo Anthony Trade

The Rockets and Bulls have completed the Carmelo Anthony deal, Shams Charania of The Athletic reports (Twitter link). The Bulls have confirmed the trade is official.

Anthony will head to Chicago along with the draft rights to Jon Diebler and approximately $1.56MM in cash while Houston will receive the draft rights to Tadija Dragicevic.

Diebler is a 30-year-old shooting guard who was originally drafted with the No. 51 overall pick in the 2011 draft by the Blazers. Dragicevic, who will turn 33 later this month, is a power forward who was selected with the No. 53 overall pick back in 2008 by the Jazz. Both players currently play in Turkey. Neither player has any NBA experience and it’s unlikely either “prospect” makes his way to the league any time soon.

The Bulls are not expected to play Anthony but will likely either release him or scour the league for a trade. Anthony reportedly wants to find a place where he can make an impact.

The cost for picking up Anthony’s salary at this stage of the season is $675K, so the cash Chicago is receiving more than enough to covers his deal. The Rockets are facing luxury tax concerns, so moving him allows the franchise to lower their anticipated tax payment.

Anthony played just 10 games for the Rockets, averaging 13.4 points per game.  The fit wasn’t there in Houston and he’ll likely wait until after the trade deadline to find a new home. The Lakers reportedly have some interest, though the team’s roster is full and the franchise doesn’t want to waive a player on a guaranteed contract in order to add the 10-time All-Star.

Southwest Notes: Carmelo, Cousins, Faried, DSJ

The Carmelo Anthony trade between the Rockets and Bulls is still expected to get done at some point soon, but the trade call has yet to take place, tweets Marc Stein of The New York Times. According to Stein, the deal may have to be amended due to a discrepancy involving the rights to a draft-and-stash player.

In addition to receiving Anthony and cash in the trade, the Bulls are also expected to receive the rights to Marko Todorovic, while the Rockets receive Tadija Dragicevic‘s rights, per Jonathan Feigen of The Houston Chronicle. However, according to Keith Smith of Yahoo Sports (Twitter link), the NBA has made an effort to crack down on swaps that include a player who aren’t expected to ever come stateside. It’s not clear if those efforts will impact what the Rockets/Bulls swap ultimately looks like.

Let’s round up a few more items from out of the Southwest…

  • Within an article about DeMarcus Cousins‘ free agency and his debut with Golden State, the big man admits to Shams Charania of The Athletic that he hasn’t forgotten about how his time with the Pelicans playing alongside Anthony Davis ended. “I think about our pairing all the time,” Cousins said. “Me and A.D. talk about it. It’s f—ed up. It could’ve been something great, something special, but other people had different things in mind. That’s out of our control, and you never know what’ll happen later on down the line.”
  • After sitting on the bench in Denver and Brooklyn, Kenneth Faried is happy to have an opportunity to play an actual role for the Rockets, as Jonathan Feigen of The Houston Chronicle details. “The coaches and team believe in me,” Faried said. “They want me to come out and do what I do. I’m excited to be here.”
  • The Mavericks are listing Dennis Smith Jr. as a probable starter for his return game tonight, according to ESPN’s Tim MacMahon, who tweets that the club never discussed a possible move to the bench with Smith before his sabbatical.
  • Mavericks rookie Luka Doncic has been fined $10K for kicking the game ball into the stands during Saturday’s game, the NBA announced today in a press release.

Luxury Tax Bill Would Drop With Carmelo Trade

The Rockets will improve their luxury tax situation if the proposed trade of Carmelo Anthony to the Bulls goes through, Bobby Marks of ESPN notes. Houston started the day with a projected luxury tax bill of $13.9MM but will see that number drop to $12.4MM if the trade becomes official. It will also create a $1.5MM trade exception and open up a roster spot. Big man Kenneth Faried, signed earlier in the day, will earn $917,271 with the Rockets incurring a $683,661 cap hit.

Rockets Release James Nunnally

5:00pm: The Rockets have officially waived Nunnally, the team confirmed in a press release announcing the signing of Faried.

4:01pm: The Rockets will terminate James Nunnally‘s 10-day deal early, releasing him before the contract expires, tweets Shams Charania of The Athletic. As Charania notes, cutting Nunnally will allow Houston to finalize its signing of Kenneth Faried tonight.

Nunnally, 28, reportedly turned down lucrative offers from international teams to sign a 10-day contract with the Rockets last Thursday. With Houston in need of help on the wing, the veteran sharpshooter immediately claimed a rotation role, averaging 19 minutes per game in two contests with the club. However, he struggled to make an impact, making just 3-of-13 shots from the floor, including 3-of-12 from beyond the arc.

Parting ways with Nunnally was the simplest way for the Rockets to open up a roster spot to sign Faried. The club’s other option would have been to trade or release Carmelo Anthony, but it appears a viable trade involving Anthony has yet to materialize. Houston would like to avoid cutting Anthony outright, since trading him would reduce the team’s projected tax bill.

As for Nunnally, he’ll get paid for the full 10 days, even though his 10-day contract is being terminated on day six. The Rockets could bring back the 28-year-old swingman later in the season if a roster spot opens up, but if there are no NBA opportunities out there for him right away, Nunnally might end up returning to Europe, where he has thrived in recent years.

Rockets To Trade Carmelo Anthony To Bulls

The Rockets have agreed to trade Carmelo Anthony and cash to the Bulls, Adrian Wojnarowski of ESPN tweets.

Chicago will not acquire the longtime All-Star for the purpose of playing him, Wojnarowski adds in a follow-up tweet. He could be released quickly but it’s possible that franchise will hold off on waiving him until the trade deadline. That would allow the Bulls to seek a trade, though they can’t aggregate his contract in another deal.

The Bulls have an open roster space, allowing them to add Anthony without dropping another player. The cost for picking up Anthony’s salary at this stage of the season is $675K. The cash received from Houston will more than cover the cost, Bobby Marks of ESPN tweets.

Anthony will be better off waiting until the trade deadline to hook onto a new club if Chicago doesn’t move him. Anthony wants to find a place where he can make an impact and that opportunity could be created by waiting for trades to happen and roster spots to open up, Wojnarowski adds (Twitter link).

There has been plenty of speculation where Anthony might ultimately end up this season, including the possibility of joining forces with good friend LeBron James in Los Angeles. The Lakers have some interest, according to Wojnarowski, but they have a full roster and don’t want to cut loose a guaranteed contract to pick him up (Twitter link).

Houston announced in mid-November its intention to part ways with Anthony and he’s been in limbo the past two months, occupying a roster spot without being an active participant.

The Rockets have been seeking to trade him rather than releasing him outright. Moving him to the Bulls takes the team off the hook for the tax penalties associated with his $1.51MM cap hit.

Anthony averaged 13.4 PPG and 5.4 RPG in 10 games with the Rockets.

Rockets Rumors: Faried, Carmelo, House

With Kenneth Faried poised to join the Rockets once he clears waivers, Houston may finally get the type of backup big man it has long been seeking. As Kelly Iko of The Athletic explains, the Rockets hoped that Brandan Wright – and then Marquese Chriss – would be the sort of athletic big who could roll to the rim, catch lobs, and rebound for the second unit. Health issues sidelined Wright, and Chriss hasn’t been a great fit, so the Rockets will try their luck with Faried.

Adding Faried will also address Houston’s frontcourt depth for the time being, meaning the team can shift its focus back to the wing as the trade deadline approaches. Iko identifies a number of potential trade targets for the Rockets, so his article is worth checking out in full for those suggestions.

  • While a trade remains the preferred outcome for both the Rockets and Carmelo Anthony, a buyout “isn’t off the table,” league sources tell Iko. Iko names the Lakers, Heat, and Pistons as teams that could be willing to take a chance on Anthony.
  • According to Iko, Danuel House‘s representatives were interested in a deal that would have paid House a “significant chunk” of the Rockets‘ mid-level exception. “He essentially wants to get paid like a top-seven pick,” one source said of House. As of today, Houston should have about $3.64MM of its MLE left, though that number declines a little every day. Iko notes that GM Daryl Morey wants to hang onto that exception for flexibility. I explored House’s stalemate with the Rockets right here.

NBA G League Assignments/Recalls: 1/20/19

Here are Sunday’s NBA G League assignments and recalls from across the league:

Capela Injury Won't Affect Nene's Playing Time

  • The Rockets won’t ask Nene to play more minutes with starting center Clint Capela sidelined after thumb surgery, according to Jonathan Feigen of The Houston Chronicle. The team expects to bolster its frontcourt by signing Kenneth Faried once he clears waivers Monday. “Coach has a plan,” Nene said. “We have other big men. We have young big men, too. They will get those minutes. Coach will decide when I am going to play.”

Central Notes: Lopez, Anthony, Burks, Bledsoe

The thumb injury that will sideline Wendell Carter Jr. for the next eight to 12 weeks won’t change the Bulls‘ plans to trade veteran center Robin Lopez, tweets ESPN’s Adrian Wojnarowski. Even though a deal would leave Chicago short-handed in the middle the team, the team could give more minutes to Cristiano Felicio or get by with a small lineup until Carter returns.

With an expiring $14.3MM contract, Lopez is unlikely to return to the Bulls next season and management wants to get something now by shipping him to a contender. Relegated to a reserve role, Lopez’s numbers are about half of what they were last season, averaging 5.9 points and 2.6 rebounds per game.

The Bulls will continue to look for deals involving Jabari Parker as well, according to K.C. Johnson of the Chicago Tribune (Twitter link). Parker recently returned to the rotation after being exiled when Jim Boylen took over as head coach, but Chicago reportedly made no progress in working out a Parker trade while he wasn’t playing.

There’s more from the Central Division:

  • The Pistons had internal discussions about acquiring Carmelo Anthony, but decided not to pursue him, tweets Vince Ellis of The Detroit Free Press. There were reports yesterday that Anthony, who remains on the Rockets’ roster although he hasn’t played in more than two months, has multiple options for his next location. Houston needs to open a roster spot before signing Kenneth Faried, so the team may have some urgency to get the Anthony situation resolved soon.
  • Alec Burks wasn’t sure if the Cavaliers planned to keep him when they acquired him from the Jazz in November but he says the experience in Cleveland has been positive, relays Chris Fedor of Cleveland.com. Burks’ playing time has increased with the Cavs and he has become the team’s top perimeter defender. “I would say there’s more opportunity here, definitely,” he said before Friday’s return to Utah. “I think it’s been great. Been up and down. Still going to be up and down I feel like just trying to find a rhythm. But it’s getting better and better. I’m adjusting more and more every day.”
  • Andrew Sharp of Sports Illustrated examines the impact that point guard Eric Bledsoe is having in his first full season with the Bucks.

Nets Waive Kenneth Faried Ahead Of Rockets Deal

The Nets have requested waivers on veteran big man Kenneth Faried, the team announced in a press release on Saturday. Faried is expected to sign with the Rockets upon clearing waivers, ESPN’s Adrian Wojnarowski reported on Friday.

Faried – who has a $13.7MM salary – is expected to clear waivers on Monday, per Wojnarowski. The Rockets will need to clear a roster spot for Faried and the team is reportedly ramping up efforts to trade Carmelo Anthony. Anthony, who still technically occupies a spot on the Rockets’ roster, reportedly has multiple options and will land with a new team.

Once his deal with Houston is complete, the team plans to insert Faried into the lineup for significant minutes to offset the absence of Clint Capela. Capela will miss four to six weeks after undergoing surgery for a torn ligament in his right thumb.

In 12 games this season with Brooklyn, Faried averaged 5.1 PPG and 3.7 RPG in 9.8 minutes per contest. Brooklyn acquired Faried, Darrell Arthur, a protected 2019 first round draft pick and a 2020 second-round draft pick for Isaiah Whitehead this past summer.