Los Angeles Clippers Rumors | Hoops Rumors

Clippers Waive Milos Teodosic

February 7th, 2019 at 8:09pm CST by Arthur Hill

8:09pm: Having completed their trade with the Lakers, the Clippers have officially released Teodosic, the club announced in a press release.

“We feel privileged that Milos chose to play for the Clippers after a fantastic career in Europe,” president of basketball operations Lawrence Frank said in a statement. “He has been a terrific playmaker and we are grateful for his contributions to the organization.”

Teodosic will clear waivers this weekend and is a strong candidate to return overseas if he doesn’t receive immediate NBA interest.

1:56pm: The Clippers are waiving Milos Teodosic, according to a tweet from Eurohoops. The Clips need to open a roster spot to complete the two-for-one deal that brought Ivica Zubac and Michael Beasley from the Lakers. The move was confirmed by Chris Haynes of Yahoo Sports (Twitter link).

Teodosic was a star in Europe who was highly sought after when he came to the NBA, but his experience in L.A. never worked out like he had hoped. He averaged 9.5 points and 4.6 rebounds in 45 games last year in an injury-plagued season, but has only appeared in 15 games this year as those numbers have dropped to 3.2 PPG and 2.1 APG.

Teodosic was already frustrated by his decreased playing time in November, when he talked about going back to Europe. A report in December indicated that a team in Turkey was “seriously pursuing” him if he could get out of his NBA contract.

Lakers Trade Zubac, Beasley To Clippers For Muscala

February 7th, 2019 at 8:07pm CST by Dana Gauruder

8:07pm: The Clippers have officially announced their trade with the Lakers, issuing a press release to confirm the move. While there’s no indication yet that Beasley has been released, the statement from president of basketball operations Lawrence Frank makes it clear that Zubac is the prize of the deal.

“For two-plus seasons, we have seen Ivica up-close and watched him develop into a skilled center,” Frank said. “For his age, Ivica has proven to be an energetic rim protector who can score around the basket. We are eager for him to join our group of promising young players.”

1:39pm: The Clippers have agreed to trade power forward Mike Muscala to the Lakers for young center Ivica Zubac and journeyman forward Michael Beasley, according to ESPN’s Adrian Wojnarowski.

The deal will open a roster spot the Lakers, affording them the opportunity to sign a player on the buyout market, with Carmelo Anthony among the players they’ll consider, Wojnarowski adds (Twitter links here).

The Lakers will “seriously look” at Anthony, the Los Angeles Times’ Brad Turner tweets. The Bulls waived Anthony on February 1st after acquiring him from the Rockets last month. Anthony has often been linked to the Lakers since things went sour quickly with the Rockets this season. He’s close friends with LeBron James, who recently stated his desire to play with the longtime All-Star forward.

“I’ve always wanted to play along Melo and if the opportunity presents itself, it would be great,” James said.

Muscala was just acquired by the Clippers in the blockbuster deal with Philadelphia that sent Tobias Harris to the Sixers. He gives the Lakers a big man who can shoot from deep. Muscala, who was averaging 7.4 PPG, is a career 36.5% shooter from distance.

The Clippers’ initial plan is to waive Beasley, Chris Haynes of Yahoo Sports tweets. Zubac gives them a young big man to grow in their system. He was averaging 8.5 PPG and 4.9 RPG in limited playing time this season. The Clippers would have to extend him a $1.93MM qualifying offer this summer to make him a restricted free agent.

Clippers Acquire Temple, Green For Bradley

February 7th, 2019 at 6:41pm CST by Dana Gauruder

6:41pm: The trade between the Grizzlies and Clippers is official, both teams announced in press releases. The Clippers also confirmed the waiving of Marcin Gortat.

“We will miss the toughness Marcin brought to this group,” team president Lawrence Frank said. “He was a tenacious defender and screen-setter, and we are grateful to have been part of his long and distinguished career.”

1:07pm: The Grizzlies have reached an agreement to trade swingman Garrett Temple and power forward JaMychal Green to the Clippers for shooting guard Avery Bradley, Adrian Wojnarowski of ESPN tweets.

The trade allows the Clippers to clear a little more cap space in their pursuit of top free agents this summer. Temple has an expiring $8MM contract, while Green is making $7.7MM in his walk year. The Clippers will open up $2MM more in cap room this offseason, giving them a projected $59MM to chase the best players in the free agent class, according to ESPN’s Bobby Marks (Twitter links).

Bradley is making $12MM this season and $12.96MM next season, but only $2MM of next season’s salary is guaranteed. Memphis has until July 3rd to fully guarantee his salary, something a rebuilding club is unlikely to do.

The Grizzlies will create a $7.6MM trade exception as well as open up a roster spot as they finalize a deal sending center Marc Gasol to the Raptors. Green will receive a $200K bonus if the Clippers reach the first round of the playoffs, Marks adds.

With the Clippers having a full roster prior to the trade agreement, they will open up a spot to complete the 2-for-1 deal by waiving center Marcin Gortat, Shams Charania of The Athletic tweets.

Los Angeles will thus eat the remainder of his $13.565MM contract this season. Gortat was due to become an unrestricted free agent this summer.

Bradley, who has started all 49 games in which he’s played this season, is averaging 8.2 PPG. Gortat started 43 of 47 games, averaging 5.0 PPG and 5.6 RPG. Green was the Grizzlies’ fourth-leading scorer despite coming off the bench in all but four of 41 games, averaging 9.8 PPG and 6.1 RPG. Temple, acquired from the Kings during the offseason, started 49 games and averaging 9.4 PPG.

Buyout Market: Ellington, Kaminsky, Gortat, Smith

February 7th, 2019 at 2:50pm CST by Dana Gauruder

The Pistons will be an aggressive suitor for Wayne Ellington once he reaches the buyout market, Adrian Wojnarowski of ESPN tweets. The Suns are expected to reach a buyout and waive the shooting guard, whom they just acquired from the Heat. The Thunder are also reportedly interested in Elllington. Detroit is seeking a veteran addition at shooting guard after trading starter and impending free agent Reggie Bullock to the Lakers.

We have plenty more buyout market developments:

The Hornets will look to reach a buyout with big man Frank Kaminsky after failing to trade him, Sean Deveney of Sports Illustrated tweets. The little-used Kaminsky is making $3.62MM this season.
Veteran center Marcin Gortat is interested in joining the Warriors but Golden State will take a wait-and-see approach regarding the waiver wire and buyout market, Chris Haynes of Yahoo Sports tweets. Gortat, a starter most of the season, is expected to be waived by the Clippers.
The Cavaliers have no plans to discuss a buyout with J.R. Smith and failing to find a trade partner for the shooting guard, Chris Fedor of the Cleveland Plain Dealer tweets. Smith is making $14.72MM this season but his $15,68MM salary for next season is not guaranteed unless he remains on the roster through June 30th.
The Raptors’ flurry of activity, including an agreed-upon trade with the Grizzlies for center Marc Gasol, will make them an active participant in the buyout market, Tim Bontemps of the Washington Post tweets. Toronto will be down to just 10 players on the active roster, plus two two-way players. That means there will be playing time available for free agents that will soon clear waivers.
The Celtics do not have an immediate target to fill their open roster spot, Mark Murphy of the Boston Herald tweets. Enes Kanter, expected to be bought out by the Knicks as early as today, isn’t believed to be on their radar screen, a source tells Murphy.

Western Notes: Clippers, Durant, Mavericks, Blazers

February 7th, 2019 at 11:21am CST by Arthur Hill

The Clippers‘ decision to trade Tobias Harris was part of their larger plan to sign Kevin Durant and Kawhi Leonard this summer, writes Sam Amick of The Athletic. With its current roster, L.A. can create up to $53.19MM in cap room, enough for one maximum contract and about $20MM to chase a second star. But Amick reports that the Clippers have a plan to open space for two max deals, even if they can’t find a taker for Danilo Gallinari before today’s trade deadline. Gallinari is owed $22.6MM for next season.

The Clippers are also excited about the assets they received in the Sixers deal, Amick adds. They weren’t committed to giving Harris a max offer this summer, so they moved him for four draft picks (Miami’s first-rounder in 2021, Philadelphia’s first-rounder in 2020 with three years of lottery protection, plus Detroit’s second-rounders in 2021 and 2023) plus a promising rookie in Landry Shamet.

Amick also notes that Steve Ballmer’s willingness to spend gives the Clippers an edge in building a contender. He’s by far the wealthiest owner in the NBA and has connections to the tech industry that many players find appealing.

There’s more from the Western Conference:

Free agency is nearly five months away, but Durant is already testy about speculation over his future, relays Marcus Thompson II of The Athletic. Breaking a week-long silence with the media, Durant lashed out at reporters after Wednesday’s game. “I have nothing to do with the Knicks,” he said. “I don’t know who traded (Kristaps) Porzingis. That’s got nothing to do with me. I’m trying to play basketball. Y’all come in here every day, ask me about free agency, ask my teammates, my coaches, rile up the fans about it. Let us play basketball. That’s all I’m saying.”
The Mavericks have traded four of their five starters over the past week as they start to build a new team around Luka Doncic, notes Tim Cowlishaw of The Dallas Morning News. Harrison Barnes was sent to Sacramento last night after last week’s blockbuster that brought in Porzingis for Dennis Smith Jr., DeAndre Jordan and Wesley Matthews. “This week is a zoo,” coach Rick Carlisle said, “but that’s part of the compelling business of our league.”
The Trail Blazers have a $3.5MM trade exception remaining if they want to swing one more deal before the deadline, according to ESPN’s Bobby Marks (Twitter link). Portland declined the chance to create a pair of small exceptions worth $1.5MM in the trade for Rodney Hood.
Pelicans center Jahlil Okafor has chosen an agent after being without representation since September, tweets Liz Mullen of Sports Business Journal. He signed with Excel Sports and will have Sean Kennedy as his agent.

Eastern Trade Rumors: Cavs, A. Holiday, Kaminsky, Raps

February 7th, 2019 at 8:20am CST by Luke Adams

It has been a busy season on the trade market for the Cavaliers, who entered sell mode early and have moved Kyle Korver, George Hill, and Alec Burks in separate deals over the course of the 2018/19 campaign.

Even after all that action, the Cavaliers may not be done dealing, according to Chris Fedor of Cleveland.com, who reports that Cleveland’s front office is still exploring the market in search of a possible home for J.R. Smith. Although the Cavs plan to continue their efforts to move Smith right up until today’s deadline, making a deal is “easier said than done,” a source tells Fedor.

Despite the fact that Smith is on a pseudo-expiring contract, with only $3.87MM of his $15.68MM salary for 2019/20 guaranteed, his $14.72MM cap hit for this season – and the fact that he hasn’t played in an NBA game since mid-November – will be a tough sell. It wouldn’t be a surprise if Smith ultimately ends up on the buyout market after the deadline.

Here’s more from around the Eastern Conference:

We’ve heard that the Pacers might be willing to move Cory Joseph and Darren Collison, but it’s their other point guard – rookie Aaron Holiday – who has been a popular target for teams making inquiries, writes J. Michael of The Indianapolis Star. Although Indiana initially took those calls, the club has now pulled Holiday off the table and has no plans to deal him this week, a source tells Michael.
While the Hornets remain in the mix for Marc Gasol, they’re also still on the lookout for a potential landing spot for Frank Kaminsky, independent of a Gasol deal, tweets Sporting News’ Sean Deveney. Kaminsky, who has played just 41 minutes in Charlotte’s last 23 games, would presumably welcome a change of scenery.
Despite some rumors this week involving the Raptors, Mike Conley, and Kyle Lowry, there’s currently no traction on a Toronto deal that would include those players, tweets Michael Grange of Sportsnet.ca.
The Magic and the Bulls are among the clubs that have expressed some level of interest in Clippers point guard Milos Teodosic, according to Orazio Cauchi of Sportando, who hears that a Teodosic trade is still possible. As we heard earlier in the season, the former EuroLeague star also continues to draw plenty of interest from international teams, Cauchi notes.

Trade Rumors: Davis, Randolph, Wolves, Morris

February 7th, 2019 at 12:44am CST by Arthur Hill

The Knicks and Lakers are equal on Anthony Davis‘ list of preferred destinations, tweets Marc Stein of The New York Times. The Clippers and Bucks also remain in the top four, Stein adds. New York may make a bid for Davis before the deadline, but it should be in a stronger position after the draft lottery when everyone knows where its first-rounder will fall (Twitter link).

League sources tell Stein that Davis doesn’t expect to sign his next contract before he reaches free agency in 2020, no matter where he is by then (Twitter link). That means anyone who trades for Davis won’t be assured of a long-term extension.

He has been sidelined with a fractured left index finger, but Davis intends to resume playing regardless of what happens at the trade deadline (Twitter link). He has received medical clearance to return to action, but the Pelicans haven’t divulged their plans for Davis if there’s no trade on Thursday. He was held out of two games this week to avoid further injury.

Here’s a roundup of rumors heading into the trade deadline:

The Lakers are running out of hope that a Davis trade will be completed before the deadline, according to ESPN’s Adrian Wojnarowski (Twitter link). Pelicans GM Dell Demps hasn’t responded to Magic Johnson’s latest offer, and it appears New Orleans is content to run out the clock. The Pelicans may never have been serious about dealing with L.A. and might have been trying to sabotage the Lakers as revenge for what they consider to be tampering, tweets Rachel Nichols, host of ESPN’s “The Jump.” “It’s not just possible, it’s what happened,” colleague Brian Windhorst said today in an appearance on the show.
The Mavericks will have buyout talks with newly acquired Zach Randolph, Wojnarowski tweets. The 37-year-old hasn’t played yet this season, but he may be able to help a contender.
The Timberwolves continue to look for someone to take Jeff Teague and Gorgui Dieng, sources tell Chris Hine of The Star-Tribune. Teague has a $19MM player option for next season, while Dieng still has two seasons left on his four-year, $63MM deal. Minnesota hasn’t found much interest, but it may be willing to attach Derrick Rose, Taj Gibson, Anthony Tolliver or Luol Deng as incentives.
New Pelican Markieff Morris could become a buyout candidate once he’s fully recovered from a neck injury, tweets Tim Bontemps of ESPN.
The Thunder plan to watch what the Suns do with Wayne Ellington and may be interested if he hits the buyout market, according to Sean Deveney of The Sporting News (Twitter link).

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.

Clippers Trade Tobias Harris To Sixers

February 6th, 2019 at 12:02pm CST by Luke Adams

12:02pm: The Sixers and Clippers have both issued press releases officially announcing the trade.

“We are in the unique position to contend now and we think this trade positions us well for the postseason,” Sixers GM Elton Brand said in a statement. “Tobias is one of the best three-point shooters in the NBA and possesses an innate ability to impact the game on both ends of the floor, while Boban and Mike provide valuable skillsets, size and depth to our team. All three players bring high character to our locker room and we are excited about their fit alongside Joel, Ben, Jimmy and our entire roster.”

7:10am: The Sixers and Clippers have agreed on a six-player deal that will send Tobias Harris to Philadelphia, Adrian Wojnarowski of ESPN writes. In exchange, Los Angeles will bring back rookie Landry Shamet, two first-round picks and a number of other resources. Shams Charania of The Athletic first reported (via Twitter) that the two sides had reached a deal.

In total, Philadelphia will acquire Harris, Boban Marjanovic, and Mike Scott while Los Angeles adds Shamet, Wilson Chandler, Mike Muscala, Philadelphia’s own 2020 first-rounder, Miami’s unprotected 2021 first-rounder, and a pair of future second-rounders. The two second-round picks will be the Pistons’ 2021 and 2023 selections, per Rich Hofmann of The Athletic (Twitter link).

As for the Sixers’ 2020 first-round pick, ESPN’s Ramona Shelburne reports (via Twitter) that it will be lottery protected for three seasons, and would turn into a pair of second-round picks for 2023 and 2024 if it hasn’t conveyed after those three years.

It’s a massive swing by the 76ers, who appear to be going all-in on their current group after years of rebuilding. In Harris, they acquire a 26-year-old forward who is having the best year of his career. In 55 games for the Clippers, he averaged 20.9 PPG and 7.9 RPG with a shooting line of .496/.434/.877. All of those numbers are career highs.

Harris will join a starting lineup that already features Joel Embiid, Jimmy Butler, Ben Simmons, and J.J. Redick, giving the Sixers arguably the most talented starting five in the East. Meanwhile, Scott and Marjanovic will help replace some of the frontcourt depth Philadelphia has sacrificed by trading Chandler, Muscala, Dario Saric, and Robert Covington this season.

Harris is on an expiring contract and will become an unrestricted free agent this summer, but the Sixers intend to be “aggressive” in re-signing him to a new deal, sources tell Wojnarowski. The plan in Philadelphia is to secure the team’s Big 4 of Embiid, Butler, Simmons, and Harris long-term, regardless of luxury tax concerns, according to ESPN’s Zach Lowe (Twitter link).

Of course, as Lowe observes in a follow-up tweet, having both Butler’s and Harris’ Bird Rights in free agency this offseason will give the Sixers some leverage negotiating with each player. If the franchise ultimately does re-sign both players and gives Simmons a maximum-salary extension, the Big 4 would likely cost approximately $120MM by the 2020/21 season, Bobby Marks of ESPN observes.

As for the Clippers’ side of the deal, while Harris had been great for the team since coming over in last year’s Blake Griffin blockbuster, he isn’t at the top of the organization’s wish list for 2019 free agency. As such, the club was comfortable giving up his Bird Rights in exchange for long-term assets.

By acquiring Shamet and two more first-round picks, including an unprotected 2021 Heat selection that could end up being pretty valuable, the Clippers have added more strong trade assets that could be used in pursuit of a star down the road.

Although the Clippers were one of the clubs on Anthony Davis‘ reported four-team wish list, L.A.’s front office didn’t make this trade with the primary objective to go after Davis, league sources tell Wojnarowski. Still, if the Clips pursue a player like AD or another star this week or in the offseason, their new assets will probably be more intriguing to a rebuilding team than Harris would have been.

Harris ($14.8MM), Marjanovic ($7MM), and Scott ($4.32MM) are all on expiring contracts, as are Chandler ($12.8MM) and Muscala ($5MM). However, the Clippers will actually add a little money to their books for 2019/20 by taking on Shamet, who is on his rookie contract and will earn just under $2MM in 2019/20.

Even after that modest addition to their cap, the Clippers will be in a good position to create the space necessary for at least one maximum-salary player in July. According to Marks, the Clippers should have about $37MM in room, and could increase that number to $49MM by waiving Avery Bradley. If they could find a taker for Danilo Gallinari, that figure would further increase to $70.7MM, which should be enough for two max slots.

The ramifications of this blockbuster deal on both conferences could be significant. In the West, the Clippers currently hold the No. 8 seed at 30-25, but the Kings and Lakers remain in hot pursuit of a playoff spot. Without Harris, the Clips’ playoff chances will dip, which in turn will reduce their odds of hanging onto their 2019 first-round pick — that selection is owed to the Celtics, but is lottery protected.

Meanwhile, in the Eastern Conference, there’s a clear group of four teams at the top of the postseason race, with the Sixers joining the Bucks, Raptors, and Celtics. It will be interesting to see whether any of those other contenders respond with moves of their own before Thursday’s deadline.

In his analysis of the trade, ESPN’s Tim Bontemps notes that Milwaukee may have already made its most significant move, acquiring George Hill earlier in the season, and Boston may save its assets for an offseason run at Davis. That leaves the Raptors as the most intriguing wild card over the next couple days. Toronto has been aggressive on several fronts, tweets Chris Mannix of SI.com.

Finally, one more cap-related note on this swap: The Clippers have multiple options for how to structure the deal, but one approach would see them create a $9.8MM traded player exception. Philadelphia won’t be able to generate a new TPE in the trade.

Austin Kent contributed to this story.

Photo courtesy of USA Today Sports Images.

Details On How Porzingis Trade Talks Played Out

February 5th, 2019 at 2:44pm CST by Luke Adams

In his latest newsletter for The New York Times, Marc Stein takes a deep dive into the trade that sent Kristaps Porzingis from New York to Dallas, sharing several interesting new details on the negotiations leading up to the deal itself.

Here’s a round-up of the highlights from Stein:

The Knicks spent a good portion of January canvassing the NBA for possible Porzingis trades, according to Stein, who hears the team was rebuffed when it inquired on potential targets like Jazz guard Donovan Mitchell and Kings guard De’Aaron Fox. After devoting much of the month to possible trade scenarios, the Knicks were convinced that no team besides Dallas would take on the Tim Hardaway Jr. and Courtney Lee contracts while also offering a player like Dennis Smith Jr. along with multiple first-round picks, says Stein.
New York’s management group has known for years that the Mavericks were very interested in Porzingis, with one Mavs official joking to Stein that Dallas had approached the Knicks “about a hundred times” before they finally showed a willingness to move the All-Star big man. Conversely, the Knicks had been expressing interest in Smith all season, per Stein.
The Knicks and Mavericks had been discussing the framework of a possible Wesley Matthews/Hardaway deal for weeks, and began expanding those talks to include Porzingis on January 28, Stein writes. The two teams then worked in person toward finalizing the framework of a deal last Wednesday when the Mavs played the Knicks in New York. However, the Knicks wanted to wait until after they met with the Porzingis brothers on Thursday to make any decisions.
Following that Thursday meeting between Knicks management and the Porzingis brothers, Janis Porzingis (Kristaps’ agent) provided the club with a four-team list of preferred destinations, a source tells Stein. The Nets and Clippers were on that list, but the Mavericks weren’t. The Knicks opted to move quickly on the Mavs deal in part due to concern that Porzingis’ camp would leak that list and threaten to only sign long-term with those clubs, Stein adds.
The Knicks were informed that Porzingis was ready to leave the team and continue his injury rehab in Spain if he remained on the roster through the trade deadline, Stein hears.
Mavericks owner Mark Cuban, with an interesting quote to Stein: “It was my mistake to not keep Dirk [Nowitzki] and Steve [Nash] together longer. I won’t make the same mistake with Luka [Doncic] and KP.”
For what it’s worth, Stein reports that the threat of Kevin Durant leaving for the Knicks has “never felt more real” to the Warriors than it does now that New York has cleared two maximum-salary slots for the summer.