Pacers Rumors

Pacers Sign Damjan Rudez

JULY 11TH: The deal is official, the team announced via press release.

“Damjan is one of the best shooters in Europe,” Pacers president of basketball operations Larry Bird said. “With his size and knowledge, he can play two positions for us. He has experience, maturity and really knows how to play. He had a number of options, he chose us and we’re thrilled he did. We look forward to having him in a Pacer uniform.”

JULY 2ND: 2:43pm: Rudez will make $1.1MM next season, multiple sources tell Grantland’s Zach Lowe (Twitter links). That together with the team’s other deals puts the Pacers about $5MM below the projected luxury tax line, Lowe estimates.

11:08am: Deeks confirms Scola’s salary is now roughly 50% guaranteed for this season, though the precise guarantee remains unclear (Twitter link).

10:27am: The move will not affect Scola’s status, as he remains in the team’s plans, a source tells Candace Buckner of the Indianapolis Star (Twitter links). Buckner cites Scola as having a $2.5MM partial guarantee, and while Mark Deeks of ShamSports lists that guarantee at $940,946, he adds that it’s subject to increase via bonus clauses. It’s not clear whether those bonuses have taken effect, but Buckner seems to suggest they have.

9:47am: The Pacers have reached agreement on a three-year deal with Spanish league power forward Damjan Rudez, reports Adrian Wojnarowski of Yahoo! Sports. Rudez will receive a portion of the club’s $5.305MM non-taxpayer mid-level exception, while the team hopes to use the rest of it on C.J. Miles as it pursues the Cavs swingman, according to Wojnarowski.

Indiana was among several teams reportedly interested in the 27-year-old Rudez as of last month. The Raptors, Jazz and Cavs were also in the mix, and Cleveland was apparently working toward a deal with him. He put on quite a shooting display and felt comfortable at a Cleveland mini-camp recently, tweets David Pick of Eurobasket.com. Rudez, variously listed at 6’8″ and 6’10”, was only a part-time starter for CAI Zaragoza this past season, but his 47.3% three-point shooting on 4.1 attempts per game is surely what had teams so excited.

The timing of the deal is curious considering the report from earlier this morning that talks with Lance Stephenson had struck an impasse. Indiana has limited flexibility beneath the projected $77MM tax line, one which the franchise has made a point of not crossing. The addition of another power forward with such tight finances might spell the end of Luis Scola‘s time in Indiana, since his salary of more than $4.868MM is only guaranteed for less than $1MM.

And-Ones: LeBron, Novak, Hibbert, Butler

The Heat and Cavs expect LeBron James to make his decision on where to sign before he gets on his flight to Brazil this weekend, tweets Adrian Wojnarowski of Yahoo! Sports. It’s likely that any decision James makes will impact where Chris Bosh, Kevin Love, and Chandler Parsons find themselves next season as well. While much is seemingly tied to the four-time MVP’s choice, odds are low anything is decided tonight. Let’s catch up on the rest of the league while we wait on LeBron and the 2014 edition of “The Decision”:

  • The Raptors are finalizing a buyout with Lucas Nogueira‘s team in Spain, writes Josh Lewenberg of TSN.ca (on Twitter). We had heard earlier this week that Toronto was likely to bring over Nogueira and Bruno Caboclo prior to the start of 2014/15.
  • The $9.8MM trade exception that the Warriors had created from the Richard Jefferson deal with the Jazz expired tonight, as David Aldridge of NBA.com observes (via Twitter).
  • The Steve Novak trade, which became official today, allows the Raptors to create a $3,445,947 trade exception equivalent to Novak’s salary. The three-teamer between the Nets, Cavs and Celtics that was also formalized today allows the Nets to create a diminutive $741,160 trade exception equal to the difference between Marcus Thornton’s salary and the sum of the salaries for Jarrett Jack and Sergey Karasev. The Cavs could end up with trade exceptions out of the deal, too, but they’re poised to open cap room, so those exceptions would disappear when they officially dip below the cap.  
  • The Bucks and Pacers have had discussions for a trade including Roy Hibbert, writes Gery Woefel of the Racine Journal Times. Milwaukee is interested in acquiring Hibbert, says Woelfel, but it isn’t clear if Indiana is interested in any packages the Bucks could put together.
  • Nikola Vucevic and Tobias Harris‘ rookie deals expire after 2014/15, and as a result, the duo became extension eligible this summer. Josh Robbins of the Orlando Sentinel hears discussions about new contracts between the Magic and the young big men will pick up some time around Labor Day.
  • Caron Butler is being pursued by the Clippers and Thunder, tweets Chris Mannix of Sports Illustrated. Butler, of course, has spent time with both organizations.

Chuck Myron contributed to this post.

Free Agent Rumors: ‘Melo, Ariza, Stephenson

The Lakers aggressively pitched to Carmelo Anthony the idea that he can be the star of the team once Kobe Bryant‘s contract expires in 2016, as Ian Begley of ESPNNewYork.com hears (Twitter link). ‘Melo was to have taken the weekend to make his free agent choice, but it appears he still hasn’t made up his mind. Here’s more from a wild Monday of free agency:

  • The Cavs, Lakers, Heat and Mavs are all pursuing Trevor Ariza, tweets Ken Berger of CBSSports.com. The Wizards are presumably still in the hunt, as well. The swingman is seeking salaries of $9-11MM, Berger adds.
  • The Mavs have indeed shown interest in Lance Stephenson, reversing their previous stance against signing him, reports Chris Broussard of ESPNDallas.com, but it’s still very unlikely the shooting guard will end up in Dallas, tweets Tim MacMahon of ESPNDallas.com. The Pacers‘ recent five-year, $45MM offer disappointed the Alberto Ebanks client, who’s begun shopping for other teams, Broussard writes.
  • The Celtics are also interested in Stephenson, Broussard adds (via Twitter).
  • Marc Stein of ESPN.com (on Twitter) continues to hear that the Thunder are ahead of the Heat in the Anthony Morrow chase.  Along with Pau Gasol, Morrow has been a prime OKC target in free agency.
  • A Chinese team offered Sebastian Telfair a two-year, $7MM deal as word of an impending deal with the Thunder leaked, agent Joel Bell tells Shams Charania of RealGM. Telfair passed that up to strike a one-year, minimum-salary agreement with the Thunder.
  • Paul Pierce‘s representatives are telling teams that he’s looking for a two-year deal worth $9-10MM per season, according to Chris Mannix of SI.com (on Twitter). The Jeff Schwartz client is waiting to see if teams are willing to offer more money once the first-tier free agents come off the board, Mannix adds (Twitter link).
  • The Nets, Trail Blazers and Spurs have worked out free agent Ivan Johnson, tweets Chris Vivlamore of the Atlanta Journal-Constitution.
  • The Hornets are among the teams set to meet with unrestricted free agent Kent Bazemore, tweets Alex Kennedy of Basketball Insiders.
  • Free agent Matt Bonner has remained in contact with the Spurs on a possible reunion and is waiting for the roster to unfold, sources tell RealGM’s Shams Charania (on Twitter).  No other clubs are in the mix for him yet.

Eastern Notes: Ariza, Stephenson, Humphries

Marcin Gortat badly wants to see Trevor Ariza return to the Wizards, writes Michael Lee of the Washington Post. “Trevor is a big part of our success, and we’d like to have him back,” Gortat said. “I understand at the end of the day, it’s a business and he has to make the right decision for him and for his family. But we love him, we want him back and I believe that [GM] Ernie [Grunfeld] and [senior VP of basketball operations] Tommy Sheppard is going to do the right thing.” More from the East..

  • Some Pacers fans are nervous about the impasse in discussions between Lance Stephenson and Indiana, but Candace Buckner of the Indy Star implores fans to be patient and not panic.
  • In addition to the previously reported Heat and Celtics, the Wizards and Hornets are also interested in big man Kris Humphries, tweets Jared Zwerling of Bleacher Report.
  • There’s no denying that he’s talented, but there’s a lot to consider when weighing Stephenson.  David Nurse of HoopsHype looks at the pros and cons of the frustrating Pacers talent.
  • Re-signing Kyle Lowry was one of the final pieces of the puzzle for the Raptors, opines Jonathan Tjarks of RealGM.  With Lowry under contract for the next four years, Toronto has every member of their starting five locked up for the forseeable future.

Pacers Shopping Roy Hibbert

The Pacers are shopping big man Roy Hibbert, sources tell Sean Deveney of the Sporting News. “I would say they’ve been doing that, but quietly,” one front-office source said.

Of course, with two years and $30MM left on Hibbert’s contract, he’s not a great match for every team out there.  The center was erratic in March and April as well as the postseason too, so it’s unclear what kind of return Indiana could expect from a Hibbert deal.  Meanwhile, there’s still uncertainty around Lance Stephenson after the club saw their five-year, $44MM offer rejected.  Dumping Hibbert’s contract could help facilitate a return for their unrestricted free agent.

They’re open to making major changes, if they’re there,” one general manager told Sporting News. “I think they’d be disappointed to see that same core group back intact, so it is a matter of, how drastic can the changes they make be? Moving Hibbert for multiple pieces would be a pretty drastic change, but they’re asking.

One source added that star small forward Paul George is untouchable in any deal with the Pacers while power forward David West is all but off the table.  Also, in a Hibbert deal, the source says that they would prefer to send him to the Western Conference.  The Blazers have been linked to Hibbert in the past but a source labeled a Portland deal as “unlikely.”

Talks Between Stephenson, Pacers Hit Snag

FRIDAY, 12:55pm: Stephenson’s representatives spoke with the Pacers earlier today, but they’re not any closer to a deal, according to Broussard (Twitter link).

WEDNESDAY, 7:35am: The Pacers and Lance Stephenson have reached an impasse in negotiations, with the shooting guard unwilling to accept Indiana’s offer of five years and $44MM, tweets Chris Broussard of ESPN.com. The Alberto Ebanks client will move on to discussions with other teams, and the Bulls, Lakers and Hornets have interest, Broussard adds.

Indiana rolled out the red carpet for Stephenson in the hours immediately after free agency began, reportedly producing a movie in his honor as the team sought to win him over. President of basketball operations Larry Bird has spoken on multiple occasions of his affection for the tempermental 23-year-old, in spite of some apparent misgivings from others in the organization. Bird nonetheless prefaced his remarks a month ago by saying the team had a price ceiling that it wouldn’t exceed to re-sign him.

At least one NBA GM believes Stephenson would be worth $10-12MM on talent alone, but his on-court antics and alleged selfish behavior knocked his value down to $8-10MM in the GM’s eyes, as Michael Scotto of SheridanHoops reported last month. Another GM pegged him all the way down in the $4-6MM range annually, so it seems like the average annual value of $8.8MM that the Pacers apparently have on the table wouldn’t be much of a sacrifice.

Still, players of Stephenson’s talent rarely hit unrestricted free agency at such a young age, so perhaps he can find a team willing to pay more. A report linked the Lakers, Bulls and then-Bobcats to Stephenson as far back as early February, so it seems those clubs weren’t turned off by Indiana’s second-half swoon.

And-Ones: Monroe, Pacers, Rambis, Stephenson

None of the executive, scouts, and agents with whom Vince Ellis of the Detroit Free Press spoke over the last two years said they considered Greg Monroe worthy of a maximum-salary contract. The reported interest from the Magic is “lukewarm at best,” as Ellis writes amid his look at Monroe’s market value and options. Here’s more from around the league:

  • The league projects that the Pacers will wind up having made $7MM in 2013/14, Grantland’s Zach Lowe reports. The league says they’ll have lost $14MM on their own but made $18MM through revenue sharing and another $3MM via luxury tax payouts.
  • Lakers assistant coach and head coaching candidate Kurt Rambis has agreed to become an assistant coach for the Knicks, reports Ian Begley of ESPNNewYork.com. The Knicks had reportedly offered him a four-year deal worth about $1.2MM a year.
  • Chicago has spoken with Lance Stephenson, but the Bulls see him merely as a fallback option and feel like his asking price is more than they’ll be willing to pay, reports Joe Cowley of the Chicago Sun-Times.
  • Agents and union officials are looking to change the perception that stars should take paycuts for the benefit of their teams, as Sean Deveney of the Sporting News details.
  • The Magic and Suns are pursuing Patrick Patterson, according to David Baumann of CBS Sports Radio Orlando (Twitter links).
  • An executive with an Eastern Conference team told Mike Monroe of the San Antonio Express-News that his club was preparing a multiyear deal for Patty Mills but halted its pursuit when news of Mills’ shoulder injury surfaced. Mills wound up with a three-year, $12MM deal from the Spurs.

Free Agent Rumors: ‘Melo, Bulls, Lakers, Ariza

Carmelo Anthony will meet with the Knicks in Los Angeles today after he finishes his visit with the Lakers, report Chris Broussard and Ian Begley of ESPN.com. Marc Berman of the New York Post had speculated that an L.A.-based meeting between Carmelo and the Knicks could take place, since Anthony, team president Phil Jackson and coach Derek Fisher all have homes in the area. Here’s more on ‘Melo and other news from the third day of NBA free agency:

  • The Bulls floated a $16MM annual salary figure to Anthony during their meeting on Tuesday, a source tells Berman for the same piece.
  • The Lakers had planned to largely to hold off and hoard cap flexibility for the summer of 2015, but the team has shifted gears and become more “proactive” this summer, Berman also hears.
  • Trevor Ariza told agent Rob Pelinka to try to work out a deal with the Wizards before he explored options with other teams, reports Michael Lee of The Washington Post. The Wizards are confident in their ability to re-sign the small forward and don’t plan on any major moves until they strike a deal with Ariza. Still, Broussard counts the Wizards among the teams with interest in fellow small forward Luol Deng (Twitter link), so it seems the team has a contingency plan.
  • The Pacers reportedly reached out to Rodney Stuckey, but Broussard hears Indiana has no plans to pursue the combo guard (Twitter link).
  • It’s unlikely that the Heat will wind up with as much as $12MM in money to spend beneath the cap, as they’ve reportedly been telling free agents, observes Bleacher Report’s Ethan Skolnick (on Twitter). They’ll probably remain above the cap, according to Skolnick, leaving the $5.305MM mid-level exception as their most lucrative tool.
  • The Clippers have strong interest in Toure’ Murry, tweets Chris Herring of The Wall Street Journal, and they’ve spoken with Jordan Farmar, according to Broderick Turner of the Los Angeles Times (Twitter link).

Pacers Seek Trade For Goran Dragic

11:58am: The Suns have no interest in trading Dragic, a source tells Sean Deveney of The Sporting News.

10:27am: Stein clarifies that Indiana’s target is Dragic, rather than Rondo (Twitter link). It appears from his last tweet that the Pacers are attempting to construct a multiteam trade involving Rondo in some way, even if Rondo wouldn’t be heading to Indiana in such a scenario.

10:02am: There are whispers that Indiana is attempting to pull the Celtics into the discussions with Rajon Rondo as a target, Stein tweets. Bird spoke of his admiration for Rondo last month in the same press conference in which he hinted at the possibility of Hill’s departure

9:04am: The Pacers have inquired with the Suns about the availability of guard Goran Dragic, but the teams have yet to find common ground in negotiations, reports Marc Stein of ESPN.com (Twitter link). The Pacers covet an upgrade at point guard, Stein tweets.

Pacers president Larry Bird said this spring that while he likes Hill, “you never know what’s going to happen this summer.” Stein points to the perception that Phoenix can’t afford both Dragic, who’s coming off a career year, and restricted free agent Eric Bledsoe, and though they certainly have enough cap flexibility to retain both of them for next season, Dragic can hit free agency in 2015 if he turns down his $7.5MM player option for 2015/16. A significant raise for him could prove a tight squeeze if the Suns and notoriously thrifty owner Robert Sarver want to avoid the luxury tax and keep alive their dreams of adding a superstar.

Bird and Suns GM Ryan McDonough hooked up last summer on the Luis Scola trade that helped Phoenix kick-start its revival. The Pacers were active in the free agent market Tuesday, making a trio of signings, as our Free Agent Tracker shows, after talks with Lance Stephenson had reached a stalemate.

Western Rumors: Suns, Love, Miller, Miles

The Suns have spoken with Pau GasolTrevor Ariza, Luol Deng, Spencer Hawes, Danny Granger, Ed Davis, Marvin Williams, Josh McRoberts, Gordon Hayward, Chandler Parsons, Isaiah Thomas and Patrick Patterson, reports Paul Coro of the Arizona Republic. Still, Coro cautions that they aren’t necessarily interested in all of them. Phoenix also made contact with Eric Bledsoe, P.J. Tucker and Channing Frye on the first day of free agency, Coro adds. Here’s more from the West, including a Kevin Love update:

  • The Wolves are indeed insisting that the Warriors take back Kevin Martin in any trade involving Love, a source tells Tim Kawakami of the Bay Area News Group (Twitter link). Minnesota is also holding firm on its insistence that Klay Thompson be a part of the Warriors’ package, tweets Jon Krawczynski of The Associated Press.
  • The Clippers, Nuggets, Rockets, Thunder and the incumbent Grizzlies are among the teams pursuing Mike Miller, tweets Ronald Tillery of The Commercial Appeal. He’ll allow the Grizzlies to make a final push before he makes his decision, and while he said on Sports56 radio in Memphis that he’s received at least five offers, he added that his heart is in Memphis, as Tillery notes (Twitter link).
  • The Thunder and C.J. Miles had mutual interest before he agreed to sign with the Pacers, but Oklahoma City wasn’t willing to have the contract go quite as long as the four years that Indiana gave him, as The Oklahoman’s Darnell Mayberry tweets. The Thunder are believed to be limiting their new contracts this summer to two years with Kevin Durant‘s potential free agency looming in 2016, Mayberry adds (on Twitter).
  • The Clippers have reached out to unrestricted free agent Ed Davis, reports Brad Turner of the Los Angeles Times (Twitter link).
  • The Jazz are among several teams interested in Kent Bazemore, according to Alex Kennedy of Basketball Insiders (on Twitter).