Clippers Rumors

And-Ones: Free Agent Market, Payne, Perkins, Booker

The bull market for free agents has ended and there will be few free-spending teams this summer, according to Brian Windhorst and Bobby Marks of ESPN. Many organizations are paying the price for the huge contracts that were handed out in 2016 as cap issues are forcing much of the league to take a more frugal approach.

This season, five teams are on pace to pay the luxury tax, which kicks in with a payroll topping $119MM. Twelve teams are projected to be in tax territory for 2018/19 and several more are in danger of getting there just by re-signing their own free agents. The authors list the Bucks as one team that will cross the line if they hold onto Jabari Parker.

“The luxury tax was not designed for this many teams to pay it,” a league executive told Windhorst and Marks. “Many of those owners probably didn’t think they’d be paying it. Quite a few of those teams are probably going to take steps to get out of the tax or limit new spending.”

When teams were handing out big contracts in the summer of 2016, they were expecting a salary cap in the range of $108MM for next season. That projection has been revised down to $101MM, leaving many in an unexpected dilemma. Only seven teams — the Lakers, Sixers, Bulls, Hawks, Mavericks, Suns and Nets — will have more than $10MM available to chase free agents, and virtually all of those teams are in rebuilding mode.

NBA agent Mark Bartelstein expects the situation to improve in 2019 and 2020 when those 2016 contracts start to expire.

There’s more NBA-related news this morning:

  • Max and “supermax” deals are the reason more stars seem to be on the trade market, writes Kevin O’Connor of the Ringer. Clippers consultant Jerry West had been urging owner Steve Ballmer to trade Blake Griffin ever since Chris Paul let the team know he wouldn’t be re-signing. Ballmer was convinced after Griffin’s latest injury, recognizing the risks of paying him $171MM over five years, including nearly $39MM in the 2021/22 season when he will be 32. Teams are taking stock of their future and weighing whether maxing out a star is worth giving up financial flexibility. O’Connor predicts fewer mid-sized deals, like the approximately $17MM the Magic are giving to Bismack Biyombo and Evan Fournier, in favor of more non-taxpayer midlevel exceptions, which are valued at $8.4MM an will rise to about $10MM before the current CBA expires.
  • Adreian Payne, who was waived by the Magic last month in the wake of the Michigan State scandal, had signed to play in Greece, relays the Associated Press. Payne had a two-way contract and played just four games for Orlando.
  • Veteran center Kendrick Perkins has decided to leave the G League Canton Charge, tweets Jeremy Woo of Sports Illustrated. Several teams have contacted him about signing after the deadline, and he may consider playing in China or Japan next year, depending how the rest of this season turns out, adds Jake Fischer of Sports Illustrated (Twitter link). Perkins officially “retired” from the G League so the Charge can receive compensation, according to 2 Ways & 10 Days.
  • Sixers forward Trevor Booker has changed agents in advance of his upcoming free agency, tweets Jeff Zillgitt of USA Today. Booker has signed with Jim Tanner’s Tandem Sports + Entertainment.
  • Lavoy Allen, who played 61 games for the Pacers last season, has joined the Northern Arizona Suns of the G League, the team tweeted.

Spurs Interested In Trading For Avery Bradley

FEBRUARY 8, 8:23am: According to Jake Fischer of SI.com (Twitter link), the Pistons discussed the possibility of trading Bradley or Stanley Johnson to San Antonio for Danny Green before including him in the Blake Griffin trade, so it makes sense that the Spurs would still have interest.

One potential deal the Spurs and Clippers have discussed is Green and a first-round pick in exchange for Bradley, league sources tell Stein (Twitter link). However, San Antonio would prefer not to part with a first-rounder, Stein adds (via Twitter).

FEBRUARY 7, 10:31pm: The Spurs have become a “trade suitor” for Clippers guard Avery Bradley, tweets Marc Stein of The New York Times.

Bradley was acquired from the Pistons last week in the deal that sent Blake Griffin to Detroit. He has an $8.8MM expiring contract and reportedly isn’t in the Clippers’ long-term plans. He has been productive in two games for L.A., playing 30 minutes per night and averaging 10.0 points.

The Spurs have been shorthanded on the wing with both Kawhi Leonard and Rudy Gay sidelined by injuries. It would take Gay, Danny Green or a combination of smaller salaries to match up with Bradley’s, and the Clippers will probably want some draft assets in return.

Cavs, Clippers Continue To Discuss DeAndre Jordan

FEBRUARY 8, 7:48am: The Cavaliers and Clippers continue to discuss the possibility of a Jordan trade, and have had conversations with possible third teams as they explore ways to make a deal, league sources tell ESPN’s Adrian Wojnarowski (Twitter link).

FEBRUARY 7, 5:59pm: Clippers center DeAndre Jordan is the “number one target” for the Cavaliers in advance of tomorrow afternoon’s trade deadline, according to Shams Charania of Yahoo Sports. Appearing on a podcast with Chris Mannix, Charania says Cleveland’s front office continues to hold out hope of a deal.

The Cavs’ dream scenario is for L.A. to accept an offer that includes what Charania calls one of their “bad contracts” — either J.R. Smith or Tristan Thompson — along with Cleveland’s first-rounder in exchange for Jordan. The Clippers reportedly won’t consider the deal unless Brooklyn’s unprotected first-round pick is included.

Smith is signed for $14.72MM next season plus a non-guaranteed $15.68MM in 2019/20, while Thompson will make more than $36MM over the next two years. The Nets’ pick is No. 8 in our latest Reverse Standings, and Cleveland’s falls at 24th.

Jordan is putting up typical numbers in his 10th season with the Clippers, averaging 11.5 points, 14.9 rebounds and 1.0 blocks per game. He could be a difference maker for a porous Cavaliers team that is 28th in the league in defensive rating. Jordan can opt out of his more than $24MM salary for next season and become a free agent this summer.

O’Connor’s Latest: Thunder, Bradley, Simmons

When we relayed the latest rumors on the Thunder‘s search for wing help on Tuesday, Avery Bradley was one player we mentioned, with a report suggesting Oklahoma City has done its due diligence on the Clippers guard. It wasn’t the first time Bradley’s name has surfaced as a potential OKC target, and multiple league sources tell Kevin O’Connor of The Ringer that Bradley’s name “keeps popping up” as a player of major interest to the Thunder.

As O’Connor observes, one deal that would make sense on paper and would work financially is Bradley for Alex Abrines and Terrance Ferguson. However, the Thunder are reportedly very reluctant to part with Ferguson, recognizing that they’ll need inexpensive role players for the next few years if they hope to keep their current core together.

Still, some sort of deal involving Abrines could be possible. O’Connor hears from a league executive that Clippers director of pro player personnel Johnny Rogers – who played and broadcasted in Spain – “loves” Abrines, a former Barcelona standout.

O’Connor shares a few more items of interest in his latest piece for The Ringer, so let’s round them up…

  • Although the Thunder have kicked the tires on Magic swingman Jonathon Simmons, multiple sources tell O’Connor that Simmons isn’t expected to be available — at least not for what Oklahoma City would offer.
  • Two front office sources have informed O’Connor that the Thunder would be among the frontrunners to sign Joe Johnson if he’s bought out by the Jazz this month.
  • The Hawks have had some trouble gaining traction on deals for some of their veterans, according to O’Connor, who says that the Thunder and Pacers are among Atlanta’s potential trade partners for players like Marco Belinelli, Dewayne Dedmon, or Ersan Ilyasova. O’Connor notes that the Hawks had interest in T.J. Leaf prior to last year’s draft, but he’s skeptical that the Pacers would surrender the rookie forward for a veteran rental.

Clippers Sign Lou Williams To Contract Extension

2:55pm: Williams’ three-year extension will be worth $8MM annually, with a $1.5MM partial guarantee on the third year, per Mark Deeks of GiveMeSport (Twitter links). The partial guarantee on that final year can increase if Williams hits certain performance incentives, says Deeks. As expected, those terms will make Williams ineligible to be traded this week.Lou Williams vertical

Williams’ deal is now official.

12:12pm: The Clippers and veteran guard Lou Williams have agreed to terms on a three-year contract extension, league sources tell Shams Charania of Yahoo Sports. Tony Jones of The Salt Lake Tribune first reported (via Twitter) that the Clips planned to finalize Williams’ extension before today’s practice. ESPN’s Adrian Wojnarowski adds that the deal will include a third-year team option, while TNT’s David Aldridge suggests there’s a partial guarantee on that third year (Twitter links).

Salary details aren’t yet known, but Williams would be eligible to receive up to about $30.3MM for three new years. A person with knowledge of the negotiations told Sam Amick of USA Today earlier today that a deal may end up closer to about $8.5MM annually.

Late last night, Wojnarowski and Brian Windhorst broke the news that Williams and the Clippers were making progress toward a new contract, suggesting that teams with interest in trading for the 31-year-old were becoming “increasingly resigned” to the fact that he may not be available.

A contract extension on its own doesn’t make a player ineligible to be traded, but NBA rules will prevent Williams from being dealt for the next six months if he signs an extension that adds three new years to his current contract, or includes a raise of more than 5%. It appears that Lou Will’s extension will fit that bill, which would mean he’ll stay put at Thursday’s deadline. Even if Williams retains his trade eligibility, his agreement with the Clippers looks like a signal that he’s part of the team’s long-term plans.

Long regarded as one of the NBA’s most dangerous bench scorers, Williams has taken his game to another level since joining the Clippers in last June’s Chris Paul trade with the Rockets. In 51 games (14 starts) so far this season, the former second-round pick has put up 23.3 PPG and 5.3 APG with a shooting line of .439/.380/.900. He had been in the final year of his contract, earning a $7MM salary.

The timing of the move is interesting for the Clippers, who just cleared a considerable amount of long-term salary from their books last week by sending Blake Griffin to Detroit. There had been speculation that the front office was looking to create cap room to pursue free agents in the summer of 2019, or perhaps even 2018. Williams’ new deal figures to reduce the team’s spending flexibility.

After locking up Williams, the Clippers figure to continue exploring the trade market for deals involving some of their other veterans. As Charania notes within his report, DeAndre Jordan and Avery Bradley are both viewed as trade candidates.

Photo courtesy of USA Today Sports Images.

Forbes Releases 2018 NBA Franchise Valuations

The Knicks are still reeling from Tuesday’s news that Kristaps Porzingis has suffered a torn ACL and will be sidelined for the rest of the season. While Porzingis’ injury essentially eliminates the Knicks from the playoff race in the East, team ownership can at least find some solace in the fact that the organization remains the highest-valued franchise in the NBA, according to a report from Kurt Badenhausen of Forbes.

For the first time, all 30 NBA teams have a perceived worth of $1 billion or more, per Forbes’ annual report. In 2017, 18 teams had a valuation exceeding $1 billion, which was up from 13 teams in 2016 and just three teams in 2015.

The league-wide average of $1.65 billion per team is also a record, with franchise valuations up 22% in total over last year’s figures. NBA franchise values have tripled over the last five years, according to Badenhausen.

Here’s the full list of NBA franchise valuations, per Forbes:

  1. New York Knicks: $3.6 billion
  2. Los Angeles Lakers: $3.3 billion
  3. Golden State Warriors: $3.1 billion
  4. Chicago Bulls: $2.6 billion
  5. Boston Celtics: $2.5 billion
  6. Brooklyn Nets: $2.3 billion
  7. Houston Rockets: $2.2 billion
  8. Los Angeles Clippers: $2.15 billion
  9. Dallas Mavericks: $1.9 billion
  10. Miami Heat: $1.7 billion
  11. San Antonio Spurs: $1.55 billion
  12. Toronto Raptors: $1.4 billion
  13. Sacramento Kings: $1.375 billion
  14. Washington Wizards: $1.35 billion
  15. Cleveland Cavaliers: $1.325 billion
  16. Portland Trail Blazers: $1.3 billion
  17. Phoenix Suns: $1.28 billion
  18. Oklahoma City Thunder: $1.25 billion
  19. Orlando Magic: $1.225 billion
  20. Utah Jazz: $1.2 billion
  21. Philadelphia 76ers: $1.18 billion
  22. Indiana Pacers: $1.175 billion
  23. Atlanta Hawks: $1.15 billion
  24. Denver Nuggets: $1.125 billion
  25. Detroit Pistons: $1.1 billion
  26. Milwaukee Bucks: $1.075 billion
  27. Minnesota Timberwolves: $1.06 billion
  28. Charlotte Hornets: $1.05 billion
  29. Memphis Grizzlies: $1.025 billion
  30. New Orleans Pelicans: $1 billion

For comparison’s sake, Forbes’ 2017 valuations can be found right here.

Clippers, Lou Williams Make Progress On Extension

9:46am: If the Clippers and Williams reach an extension agreement, it would likely be a two- or three-year deal worth about $8.5MM annually, a person with knowledge of the negotiations tells Sam Amick of USA Today.

7:50am: With the trade deadline just a day away, the Clippers and Lou Williams are engaged in discussions about a contract extension, and those talks have “gathered significant momentum,” according to ESPN’s Adrian Wojnarowski and Brian Windhorst.

There’s a growing possibility that the Clippers will reach a new deal with Williams in advance of Thursday’s trade deadline, and rival teams with interest in the veteran guard have become “increasingly resigned” to the fact that he may not be available, league sources tell Wojnarowski and Windhorst.

February 8 isn’t the deadline for the Clippers and Williams to agree on an extension — the two sides have until June 30 to hammer out a new deal and avoid having Lou Will hit the open market in July. However, Thursday’s trade deadline serves as a sort of de facto extension deadline. If the Clips lock up Williams by then, he won’t be moved, but if the two sides can’t reach an extension agreement, the odds of a trade would increase.

Changes to the NBA’s Collective Bargaining Agreement made Williams extension-eligible this season, and allow for a deal comparable to the ones signed by Norman Powell and Josh Richardson in the fall. Those extensions are worth nearly $42MM over four years, starting at $9.37MM in 2018/19 and increasing to $11.62MM by 2021/22.

While it’s not clear if the Clippers are willing to offer the full amount allowable, an extension of that nature would be worth more than the mid-level exception, and would be a nice payday for a 31-year-old who has never earned a higher salary than the $7MM he’s making this season. Williams has earned a raise with his play in 2017/18, averaging 23.3 PPG and 5.3 APG with a .439/.380/.900 shooting line.

Williams and Tyreke Evans, who are both enjoying career years on expiring contracts, have been cited most frequently as trade candidates coveted by contenders looking for an added scoring punch. If Williams stays put through the deadline, that’s probably good news for the Grizzlies, who could perhaps extract a little more value in exchange for Evans.

Bucks Still Have Interest In DeAndre Jordan

Latest On Thunder’s Search For Wing Help

With Andre Roberson sidelined for the rest of the season, the Thunder are on the lookout for help on the wing. With less than 48 hours left until the arrival of this year’s trade deadline, let’s check in on the latest reports on OKC’s options…

  • There’s a “growing expectation” that the Thunder will make a move in advance of the trade deadline, since there’s a lot riding on this season, says ESPN’s Royce Young. Oklahoma City would prefer not to give up rookie Terrance Ferguson in a deal for a veteran rental though, Young adds.
  • TNT’s David Aldridge (Twitter link) identifies Maurice Harkless and Tony Allen as two potential targets to watch for the Thunder. Harkless would be an interesting fit, though it may be difficult for the Trail Blazers and Thunder to figure out a deal, since both teams are projected taxpayers and will be reluctant to add salary. As for Allen, Aldridge tweets that the veteran swingman has been cleared to play after recovering from his broken leg, but will need some time to get back to full speed.
  • The Thunder have done “due diligence” on Clippers guard Avery Bradley and Magic swingman Jonathon Simmons, per Chris Mannix of Yahoo Sports. Mannix suggests that the Thunder might wait until closer to the deadline in the hopes that teams’ asking prices come down, noting that they could also wait until after the deadline and take their chances on what’s expected to be a “robust” buyout market.
  • Within his trade deadline preview, Jake Fischer of SI.com writes that the Thunder have shown interest in Clippers guard Lou Williams and expressed “serious” interest in Grizzlies guard Tyreke Evans.
  • Oklahoma City has also been linked to Rodney Hood.

Mannix’s Latest: G. Hill, Hornets, Hawks, Suns

The Cavaliers continue to engage the Kings about a possible George Hill trade, sources tell Chris Mannix of Yahoo Sports. However, the Cavs would like to include both J.R. Smith and Iman Shumpert in their package for Hill, and taking on multiple expensive non-expiring contracts doesn’t appeal to Sacramento. Meanwhile, the Kings are quietly looking to get a third team involved in a potential deal, according to Mannix.

Mannix’s latest trade rumor roundup features several more tidbits of interest related to Thursday’s deadline, so we’ll pass along the highlights…

  • The future of GM Rich Cho in Charlotte is uncertain, which may complicate the Hornets‘ deadline plans. According to Mannix, there are rumblings about former Lakers GM Mitch Kupchak being a candidate to join the Hornets’ front office in the offseason. Gery Woelfel of The Racine Journal Times wrote last week that Kupchak is considered likely to be hired by an Eastern Conference team this summer.
  • Some teams with interest in Marcus Smart view the Celtics‘ asking price of a first-round pick as “unrealistic,” says Mannix.
  • The Hawks have made “everyone” available, and while much has been written about the club’s veteran trade candidates, second-year swingman Taurean Prince is another player who has drawn interest, according to Mannix.
  • The Magic have shopped Mario Hezonja “hard” in recent days, per Mannix.
  • According to Mannix, the Suns are willing to move veterans like Tyson Chandler and Jared Dudley. Neither player’s contract is particularly team-friendly though, so it may be tough for Phoenix to find any value.
  • The Clippers say they’re okay with holding onto DeAndre Jordan and Lou Williams through the deadline, but rival clubs are skeptical, says Mannix.