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13 Trade Exceptions Set To Expire In July

July 4th, 2022 at 12:49pm CST by Luke Adams

A total of 13 traded player exceptions created during the 2021 NBA offseason are set to expire this month if they go unused.

A trade exception is an NBA salary cap exception that can be generated when a team trades a player away. It allows that team to acquire a certain amount of salary without sending out any in return for one year after the exception was created. The club is permitted to trade for a player earning the amount of the exception, plus $100K.

For instance, the Trail Blazers are set to use their $20,864,198 trade exception, created in February’s CJ McCollum trade, to acquire Jerami Grant, who is earning $20,955,000 in 2022/23. Grant narrowly fits into that TPE after accounting for the $100K in wiggle room.

Most trade exceptions expire without being used, but teams can sometimes find a use for them — especially the bigger ones like Portland’s. So it’s worth keeping tabs on which ones are still available.

Here are the 13 exceptions set to expire this month:

Boston Celtics: $17,142,857 (expires 7/18)
Los Angeles Clippers: $8,250,000 (expires 7/18)
Indiana Pacers: $7,333,333 (expires 7/7)
New Orleans Pelicans: $6,382,262 (expires 7/7)
Chicago Bulls: $5,000,000 (expires 7/7)
Memphis Grizzlies: $4,054,695 (expires 7/7)
Brooklyn Nets: $3,246,530 (expires 7/6)
Toronto Raptors: $3,070,052 (expires 7/6)
Atlanta Hawks: $1,782,621 (expires 7/7)
Golden State Warriors: $1,782,621 (expires 7/7)
Milwaukee Bucks: $1,517,981 (expires 7/7)
Boston Celtics: $1,440,549 (expires 7/7)
Brooklyn Nets: $118,342 (expires 7/6)

The Celtics’ $17MM exception, created in last year’s Evan Fournier sign-and-trade, is the most noteworthy one here, but it appears unlikely to be used. Boston reached a deal last week to acquire Malcolm Brogdon without having to use the exception, and now appears to be a long shot to strike another major trade agreement.

The third exception on this list, the Pacers’ $7.3MM TPE, will disappear if Indiana decides to operate under the cap. The team would have to renounce the exception in order to actually make use of its cap room.

While it’s possible some of the other exceptions on this list will be used before they expire, they won’t accommodate any of the deals that have been agreed upon to date.

The full list of outstanding trade exceptions can be found right here.

Steve Ballmer Optimistic About Clippers' Title Chances

July 3rd, 2022 at 12:30pm CST by Arthur Hill

Clippers owner Steve Ballmer believes “the sky is the limit” for his team, especially if Kawhi Leonard can make a full comeback from the torn right ACL that prevented him from playing this season, per Ohm Youngmisuk of ESPN.

Western Notes: Clippers Roster, DiVincenzo, Nuggets, Monk

July 2nd, 2022 at 9:00am CST by Dana Gauruder

After landing John Wall, the Clippers have one opening on their 15-man roster. There’s no rush to fill it, Andrew Greif of the Los Angeles Times writes. While they could use a backup center, the team is more interested in staying flexible rather than quickly adding a player. The team is already looking at a $143MM tax bill for next season and another signing would add to that.

We have more from the Western Conference:

Donte DiVincenzo was believed to have offers for the full taxpayer mid-level exception of $6.479MM. However, he chose the Warriors’ offer of two years and $9.3MM with a player option. The option was key to his decision to take a $4.5MM salary next season, according to Anthony Slater of The Athletic. He has a chance to join a championship team and pump up his value. If he does that, he can re-enter the free-agency market. If he doesn’t, he’s protected with a second-year player option worth $4.8MM.
Nuggets GM Calvin Booth is carrying out his stated agenda of improving the team’s defense, Mike Singer of the Denver Post notes. By trading for Kentavious Caldwell-Pope, agreeing to sign free agent Bruce Brown, re-signing Davon Reed and drafting Christian Braun and Peyton Watson, Booth targeted players who could switch on defense, disrupt passing lanes, play bigger than their height and stay on the floor in the postseason.
Malik Monk has been friends with De’Aaron Fox since high school. That played a role in his decision to ditch the Lakers and agree to a two-year, $19MM contract with the Kings, Jason Anderson of the Sacramento Bee reports.

Warriors, Nets, Clippers Top Taxpaying Teams For 2021/22

June 30th, 2022 at 9:40pm CST by Rory Maher

The 2021/22 NBA season was a record-setting one for luxury tax payments.

According to data from Albert Nahmad of HeatHoops.com and Yossi Gozlan of HoopsHype, the league’s previous single-year record for total luxury tax payments was $173.3MM, back in 2002/03.

This season, the Warriors‘ tax penalties alone nearly matched that league-wide record. And they were joined by six other taxpayers whose combined end-of-season bills shattered the previous record even without Golden State’s help.

Here’s the complete breakdown of the seven taxpaying teams, courtesy of Eric Pincus of SportsBusinessClassroom.com:

Golden State Warriors: $170,331,194
Brooklyn Nets: $97,711,261
Los Angeles Clippers: $83,114,692
Milwaukee Bucks: $52,037,160
Los Angeles Lakers: $45,117,195
Utah Jazz: $18,833,260
Philadelphia 76ers: $13,876,624

All told, the seven teams paid a staggering combined total of $481,021,386.

Half of that total will be dispersed to the league’s non-taxpayers, which means that 23 teams will receive $10,456,987 each. The league will get the remaining $240,510,693 to help fund its revenue sharing program, says Pincus.

These numbers make it more obvious why a team like the Celtics made a concerted effort to get out of luxury tax territory at the trade deadline. A tax bill of $2MM or so wouldn’t break the bank for Boston’s ownership group, but the C’s generated more than just $2MM in savings by ducking below the tax line — they’re now one of the 23 teams that will receive a $10MM+ windfall.

Having said that, the Celtics gladly would have paid the tax penalty had they won the championship — Jaylen Brown would have received a bonus in that scenario, which would have pushed them over the line.

It’s worth noting that the Warriors are the only one of these seven taxpayers who were subject to “repeater” penalties this season, so it’s not as if those more punitive repeater penalties fueled this year’s record-setting totals. Even without the repeater penalties, the Dubs would have owed approximately $131MM in taxes.

The majority of these teams project to be taxpayers again in 2022/23.

Clippers Re-Sign Amir Coffey To Three-Year Contract

June 30th, 2022 at 7:26pm CST by Alex Kirschenbaum

JULY 6: The Clippers have officially re-signed Coffey, according to NBA.com’s transactions log.

JUNE 30: The Clippers will re-sign 25-year-old restricted free agent shooting guard Amir Coffey to a three-year, $11MM contract, agents Bill Duffy and Marlon Harrison have revealed to Adrian Wojnarowski of ESPN (via Twitter).

After going undrafted out of Minnesota in 2019, Coffey joined L.A. on a two-way contract. He played sparingly at the NBA level during the 2019/20 and 2020/21 seasons, averaging 3.2 PPG across 62 total contests.

Coffey initially returned to the Clippers on a two-way deal in 2021. In five games with the Clippers’ NBAGL club, the Agua Caliente Clippers, Coffey averaged 19.6 PPG, 5.8 RPG, 2.8 APG and 1.2 SPG. He was ultimately promoted to the club’s 15-man roster in March.

In 69 games with Los Angeles during the 2021/22 season, including 30 starts, Coffey averaged 9.0 PPG, 2.9 RPG, 1.8 APG and 0.6 SPG in 22.7 MPG. He posted shooting splits of .453/.378/.863. Presumably, the 25-year-old’s minutes and touches may be reduced with the full-time returns of All-Star wings Kawhi Leonard and Paul George next season.

Los Angeles has been making sure it re-signs several key role players already during free agency, anticipating a deep postseason run in 2022/23. The team will reportedly extend center Ivica Zubac on a three-year, $33MM deal, and also is set to bring back forward Nicolas Batum on a two-season, $22MM agreement.

Clippers Re-Sign Nicolas Batum To Two-Year Contract

June 30th, 2022 at 5:59pm CST by Alex Kirschenbaum

JULY 6: The Clippers have officially re-signed Batum, the team announced today in a press release.

“Nico is a selfless vet and a winning player whose intelligence, versatility and skill have lifted our team for the past two years,” president of basketball operations Lawrence Frank said in a statement. “We wanted to keep building with him and are honored he wanted the same.”

JUNE 30: Veteran Clippers forward Nicolas Batum has agreed to return to Los Angeles on a two-season, $22MM contract, according to Chris Haynes of Yahoo Sports.

After being selected with the No. 25 pick in 2008, Batum first established himself as a switchable, reliable 3-and-D wing with the Trail Blazers. After becoming a full-time starter on multiple Portland playoff teams, Batum was eventually traded to the Hornets in 2015.

Following a lackluster run with the Hornets on a lucrative five-year, $120MM deal, Batum was waived by Charlotte ahead of the 2020/21 season, which would have been the final year on his deal. Batum joined the Clippers on a minimum contract in 2020, and promptly rebuilt his NBA value as a solid forward on both ends of the floor, capable of playing either small or power forward.

During the 2021/22 season, Batum averaged 8.3 PPG, 4.3 RPG, 1.7 APG, 1.0 SPG and 0.7 BPG for the Clippers across 59 games, including 54 starts. He posted a shooting line of .463/.400/.658. Batum declined a $3.3MM player option with L.A. ahead of the start of free agency today.

Los Angeles is gearing up for an anticipated deep playoff run, with All-Star wings Kawhi Leonard and Paul George both projected to be healthy during the 2022/23 season. In addition to bringing back 33-year-old Batum, the Clippers also are set to add 31-year-old former five-time All-Star John Wall to a team-friendly contract as they shore up veteran depth.

The Clippers are re-signing Batum using the Early Bird exception, which requires the deal to be for at least two years, with no options.

Free Agency Rumors: Monk, Oladipo, McGee, Mills, Hartenstein

June 30th, 2022 at 12:48am CST by Rory Maher

On a Spotify Live appearance with Marc Stein, Jake Fischer of Bleacher Report said he has heard there’s mutual interest between the Kings and Malik Monk in free agency (hat tip to Talkin’ NBA). Monk played college ball at Kentucky with De’Aaron Fox, so there’s obviously a connection between the two athletic guards.

Monk had a career-year in his first season with the Lakers last season, averaging 13.8 PPG, 3.4 RPG and 2.9 APG on .473/.391/.795 shooting in 76 games (37 starts, 28.1 MPG). He’s reportedly looking for a role where he can receive significant minutes and “be himself,” as he told Jovan Buha of The Athletic.

The Kings could offer Monk the mid-level exception, projected to be worth about $10.5MM next season, which is significantly more than the Lakers can offer (taxpayer MLE — $6.5MM).

Here are more rumors ahead of free agency, which kicks off in less than 17 hours:

Fischer also reports (hat tip to Talkin’ NBA) that in addition to Denver, Detroit and Washington, the Bulls are in the mix for Victor Oladipo. Fischer previously wrote that Oladipo was unlikely to remain with Miami.
John Gambadoro of Arizona Sports 98.7 FM Phoenix hears (via Twitter) that Suns backup center JaVale McGee is looking for a multiyear deal, with the Bucks, Mavericks and Nets interested in his services. Gambadoro adds that he’s unsure if Phoenix would go for a two-year deal to re-sign McGee, who was highly productive (9.2 PPG, 6.7 RPG and 1.1 BPG) in a reserve role with the Suns last season (74 games, 15.8 MPG).
Patty Mills is expected to draw “significant interest” on the free agent market after declining his player option, but he hasn’t ruled out a return to the Nets, sources tell Adrian Wojnarowski of ESPN (Twitter link). Brian Lewis of The New York Post hears Mills and his wife enjoyed their time in Brooklyn, but it’s possible he could get a more lucrative offer elsewhere.
Sources tell Marc Stein (via Twitter) that Isaiah Hartenstein hasn’t ruled out a return to the Clippers, stating that it’s “well-known among rival teams” with interest in the center that he might re-sign with Los Angeles. Lewis hears similarly, with sources close to the 24-year-old telling The Post that “he loves” playing for the Clips. The main issue is the Clippers are reportedly using their taxpayer MLE to sign John Wall, so they’ll be extremely limited in what they can offer Hartenstein. Stein previously reported that the Magic are the “leading suitor” for Hartenstein, who has also been linked to the Bulls, Raptors and Rockets.

QO Decisions: Nwora, T. Brown, Rockets, Moon, More

June 29th, 2022 at 10:41pm CST by Rory Maher

The Bucks have tendered a qualifying offer to Jordan Nwora, making the 23-year-old a restricted free agent, a league source tells Eric Nehm of The Athletic (Twitter link). Nwora’s QO for 2022/23 is worth a projected $2,036,090.

The 45th pick of the 2020 draft, Nwora saw his role expand in his second season with Milwaukee, appearing in 63 games (19.1 MPG) with averages of 7.9 PPG and 3.6 RPG on .403/.348/.837 shooting. He’s No. 43 on our list of top 50 free agents.

Let’s round-up some more qualifying offer decisions…

The Bulls won’t extend a QO to Troy Brown ($7,228,448), making him an unrestricted free agent, reports Michael Scotto of HoopsHype (via Twitter). Brown, who turns 23 on July 28, was the 15th pick of the 2018 draft but didn’t leave much of an impression with Chicago, averaging 4.3 PPG and 3.1 RPG on .419/.353/.769 shooting in 66 games (16 MPG) in ’21/22.
The Rockets aren’t giving qualifying offers to either Bruno Fernando ($2,228,276) or Anthony Lamb (two-way), according to Jonathan Feigen of The Houston Chronicle. Fernando, the 34th pick of the 2019 draft, has seen scant NBA minutes, appearing in 119 contests with an average of 9.2 MPG over his three seasons with Atlanta, Houston and Boston. His QO was worth more than the minimum and the Rockets have lots of players already under contract next season after sending Christian Wood to Dallas for the No. 26 pick and four veterans.
Xavier Moon (two-way) won’t receive a qualifying offer from the Clippers, as Andrew Greif of The Los Angeles Times relays (via Twitter). Moon will be an unrestricted free agent after reaching the NBA as a 27-year-old rookie last season. He has plenty of international experience, having made stops in France, England, Israel and Canada before earning three 10-day hardship deals and later a two-way contract with L.A. in ’21/22.
A couple of two-way players received QOs from their respective clubs, sources tell Keith Smith of Spotrac (Twitter links). Nathan Knight received his offer from the Timberwolves, while the Magic extended a QO to Admiral Schofield. Both players will be restricted free agents.

Lonnie Walker, Anfernee Simons Get QOs; Kevin Knox Doesn’t

June 29th, 2022 at 5:39pm CST by Luke Adams

The Spurs have issued a qualifying offer to guard Lonnie Walker, making him a restricted free agent, according to Jeff McDonald of The San Antonio Express-News (Twitter link). The qualifying offer will be worth $6,311,564.

Unlike some of this summer’s top restricted free agents, Walker wasn’t a lock to receive that qualifying offer, given the up-and-down season the 23-year-old had in 2021/22. He averaged a career-high 12.1 PPG and 2.2 APG, but saw his shooting percentages dip to 40.7% from the floor and 31.4% on threes, well below his career rates. Furthermore, a report earlier today stated that Walker was unlikely to remain in San Antonio.

By issuing the qualifying offer, the Spurs are at least opening up a path for Walker to return, either by accepting the one-year QO or by negotiating a new deal with the team. However, McDonald says there’s an expectation that Walker will “fully” test the market.

Spurs swingman Joe Wieskamp also received a qualifying offer, making him a restricted free agent, tweets McDonald. Because Wieskamp was promoted from his two-way deal to a standard contract last season, his qualifying offer will be worth approximately $1.8MM ($200K more than his minimum salary).

Here are a few more qualifying offer updates from around the NBA:

The Trail Blazers have formally issued a qualifying offer to guard Anfernee Simons, making him a restricted free agent, the team announced in a press release. Simons’ QO is worth $5,758,552, but the 23-year-old is expected to negotiate a far more lucrative long-term deal. Multiple reports have suggested a four-year contract worth in the neighborhood of $80MM is possible.
Hawks forward Kevin Knox isn’t getting a qualifying offer and will become an unrestricted free agent, tweets Michael Scotto of HoopsHype. Knox didn’t get regular minutes last season and his qualifying offer would have been worth $7,228,448, so it comes as no surprise that Atlanta is passing.
The Warriors aren’t giving qualifying offers to either Juan Toscano-Anderson ($2,126,991) or Chris Chiozza ($1,968,175), according to Anthony Slater of The Athletic (Twitter link). Both players will be unrestricted free agents and are unlikely to remain in Golden State, Slater adds.
The Celtics have tendered a two-way qualifying offer to guard Brodric Thomas, making him a restricted free agent, a source tells our JD Shaw (Twitter link). Boston hasn’t reached a deal to fill either of its two-way slots for next season yet, so Thomas could end up taking one of them.
Two-way players Jay Scrubb (Clippers) and Trevelin Queen (Rockets) won’t receive qualifying offers and will become unrestricted free agents, according to reports from Andrew Greif of The Los Angeles Times and Chris Haynes of Yahoo Sports (Twitter links). Queen, the 2021/22 NBA G League MVP, is expected to receive interest on the open market, per Haynes.

Magic Emerge As Leading Suitor For Isaiah Hartenstein

June 29th, 2022 at 2:25pm CST by Luke Adams

The Magic are a “leading suitor” for free agent center Isaiah Hartenstein, league sources tell veteran NBA reporter Marc Stein (Twitter link). Jake Fischer of Bleacher Report said earlier today that Orlando had interest in Hartenstein.

With Serge Ibaka still rounding into form following offseason back surgery, Hartenstein emerged early in the year as the Clippers‘ primary backup center and thrived in the role, making 62.6% of his shots from the field and handing out 2.4 APG in just 17.9 minutes per contest. He even flashed the ability to hit the occasional three-pointer (14-of-30) and played solid defense.

While the Clippers would presumably like to bring back Hartenstein, their ability to offer him a raise on last season’s minimum-salary contract will be extremely limited, since they only hold his Non-Bird rights are are rumored to be using their taxpayer mid-level exception on John Wall. That opens the door for Hartenstein to sign with another team for part or all of its mid-level.

The Magic primarily used Wendell Carter and Mohamed Bamba at the five in 2021/22, but Bamba will be a free agent this summer and isn’t expected to get a qualifying offer. Without a QO, he’ll become an unrestricted free agent, paving the way for his possible exit out of Orlando.

The Magic reportedly still have some interest in a new deal with Bamba, but if they’re able to add Hartenstein to share center duties with Carter, that may close the door on a Bamba return.

The Bulls and Rockets are among the other teams that have been linked to Hartenstein.