Grizzlies Rumors

Cap/Cash Notes: Warriors, Drummond, Clippers, Rockets, More

When the Warriors traded Marquese Chriss to the Spurs and Brad Wanamaker to the Hornets at the trade deadline, they included cash in both deals. By moving Chriss’ $1.82MM cap hit and Wanamaker’s $2.25MM salary off their books, Golden State will generate substantial tax savings, which will outweigh the cash they gave up in the two trades.

As a result, the Warriors didn’t mind sending $1.85MM to the Spurs along with Chriss, per Bobby Marks of ESPN (Twitter link), and $2.2MM to the Hornets with Wanamaker, according to John Hollinger of The Athletic.

Teams are limited to sending out no more than $5.62MM in cash in 2020/21 trades, so the Warriors will be limited to about $1.57MM at the draft. Their yearly limit will reset once the new league year begins, so if Golden State reaches a draft-day trade that involves more than $1.57MM in outgoing cash, it’s a safe bet the team will wait until the 2021/22 league year starts to officially finalize it.

Here are a few more leftover cap-related notes from Marks and Hollinger on trades and buyouts:

  • Andre Drummond will earn the prorated veteran’s minimum of $794,536 on his new deal with the Lakers, which is – not coincidentally – the exact amount he gave up in his buyout with the Cavaliers, says ESPN’s Bobby Marks (Twitter link). Marks notes that the Lakers still have enough room under the hard cap to sign a 15th player.
  • The Clippers sent $2.75MM to the Kings in the Mfiondu Kabengele salary dump and $1.25MM to the Hawks in the Rajon Rondo trade, reports Hollinger.
  • The Rockets took in Avery Bradley‘s $5.64MM salary using part of the traded player exception created in the James Harden trade, allowing them to generate a larger TPE for Victor Oladipo, says Hollinger. That means, instead of having a $10.65MM TPE that expires early next season and a $2.77MM that expires at next season’s deadline, Houston has TPEs worth $5.02MM and $8.18MM. You can see more details here.
  • Gorgui Dieng gave up $699,952 in a buyout with the Grizzlies, according to Hollinger. That’s the exact amount the big man would have earned on a minimum-salary deal if he officially signed with the Spurs on Wednesday, but he completed his deal with San Antonio today, so it’ll be worth $729,737.
  • That leaves LaMarcus Aldridge as the only player to give up significantly more than his prorated minimum in a post-deadline buyout. As Hollinger explains, the discrepancy between the reported amounts of Aldridge’s buyout was due to escrow. Aldridge gave up $7.25MM in his agreement with the Spurs, which will work out to $5.8MM after factoring in the league’s escrow cut.

Grizzlies Waive Gorgui Dieng

The Grizzlies have waived Gorgui Dieng, according to a press release posted on the team’s Twitter feed.

The 31-year-old big man has appeared in 39 games, including 22 this season, in parts of two seasons with Memphis. He’s averaged 7.6 PPG and 5.0 RPG in 17.7 MPG during those contests.

His $17.3MM expiring contract made it difficult to deal Dieng before Thursday’s deadline. With Xavier Tillman Sr. ahead of him in the rotation behind starting center Jonas Valanciunas, Dieng became a prime buyout candidate.

He’ll clear waivers on Sunday afternoon and become an attractive pickup for a contender seeking frontcourt help.

Kleiman: Jaren Jackson Jr. To Return In April

Grizzlies forward Jaren Jackson Jr. is on track to return to action before the end of April, the team’s executive VP of basketball operations Zach Kleiman said on Friday, per Drew Hill of The Daily Memphian.

Jackson has yet to play at all for Memphis this season as he recovers from undergoing surgery to repair a torn left meniscus. As Kleiman explained today, the Grizzlies knew the third-year forward would be sidelined for a significant period when they decided to fully repair his meniscus tear rather than opting for a quicker fix.

“When Jaren first tore his meniscus there are kind of two routes you can take,” Kleiman said, according to Hill. “You can either do what’s called a meniscectomy, where you shave down or trim the meniscus, and you can be back in a couple of months. But at that point you lose the protective function of the meniscus. It leads to swelling and soreness and recurring knee issues over time.

“What we did with Jaren, with his long-term health in mind and everyone on the same page of taking the long view, was to repair his meniscus. The surgeon went in and was thankfully able to repair 100% of his meniscus. But, a full repair of a meniscus often times takes up to eight months or nine months.”

As Jackson inches closer to his return, another power forward’s days in Memphis appear to be numbered. Asked today about Gorgui Dieng, who is viewed as a possible buyout candidate, Kleiman didn’t explicitly confirm that the Grizzlies will move onto him, but didn’t say the 31-year-old will finish the season with the team either.

“More to come on Gorgui,” Kleiman said. “There will be more updates there.”

Western Notes: Oubre, Okogie, Grizzlies, Pelicans, Lakers

Veteran forward Kelly Oubre looks like the Warriors‘ top trade candidate, and he certainly didn’t hurt his value in his last game before the deadline, putting up 24 points and 10 rebounds on Tuesday in a loss to Philadelphia. With today’s deadline looming, head coach Steve Kerr praised Oubre for the way he has taken the trade rumors in stride, as Anthony Slater of The Athletic writes.

“I love Kelly,” Kerr said. “He’s a pro. We’ve talked a lot about his circumstances, being a free agent, having his name tossed around. It’s not an easy position to be in. But this is how it works. This is the NBA. He’s got an expiring deal, plays a position of need for a lot of teams. He’s athletic and long. He’s coveted. He’s definitely coveted. So his name is naturally going to be out there. He’s done a great job of handling everything. He’s really professional and poised and practical. So we’ll see what happens.”

Slater says he gets the sense that the Warriors want to be able to do something with Oubre’s salary slot in future seasons, as opposed to just letting him walk for nothing this offseason and not being able to replace him due to their cap situation. It remains to be seen whether that means ultimately investing in a longer-term agreement with Oubre or flipping him for another player today.

Here’s more from around the Western Conference:

  • Timberwolves forward Josh Okogie entered the NBA’s health and safety protocols on Wednesday night, per Jon Krawczynski of The Athletic (Twitter link). It’s unclear how long Okogie will have to remain in the protocols before being cleared.
  • Mark Giannotto of The Memphis Commercial Appeal believes the Grizzlies need to make a big roster move at some point, but thinks it’s more likely to happen in the offseason or further down the road than at today’s deadline.
  • Today’s trade deadline may be the most revealing pivot point for the Pelicans under the direction of head of basketball operations David Griffin, says Scott Kuschner of NOLA.com. In particular, the club’s decision on Lonzo Ball will provide a strong hint of the way in which New Orleans wants to build its roster around Zion Williamson.
  • Some members of the Lakers organization are expected to receive the COVID-19 vaccine this week, sources tell Ramona Shelburne and Adrian Wojnarowski of ESPN. More teams are starting to get access to vaccinations, including New Orleans, Atlanta, Portland, and – most recently – the Heat (Twitter link via Ira Winderman of The South Florida Sun Sentinel).

Grizzlies May Need To Buy Out Dieng

  • Grizzlies reserve center Gorgui Dieng, who has been out of the lineup for almost a month, seems more likely to be bought out than be traded due to his hefty $17.3MM expiring deal, per Evan Barnes of the Memphis Commercial Appeal. Though Dieng has some appeal as a lengthy stretch big man, connecting on a career-best 47.9% from long range this season, his salary may preclude a deal. The Grizzlies have prioritized rookie big man Xavier Tillman Sr., the No. 35 pick in the 2020 draft out of Michigan State, over Dieng in their rotation.

17 Trade Exceptions To Expire On Monday

A total of 17 traded player exceptions around the NBA will expire if they’re not used by the end of the day today, as Bobby Marks of ESPN tweets.

Traded player exceptions allow a team to acquire a player without any outgoing salary, as long as the incoming player’s salary fits within the amount of the TPE (plus $100K of wiggle room). Trade exceptions are generated in certain deals and expire after one year if they haven’t been used.

We go into far more detail on the concept of the traded player exception in our glossary entry, so be sure to check that out if you want more info.

Most – if not all – of the 17 TPEs expiring today won’t be used. Many of those exceptions are worth less than $2MM, limiting their usefulness. The Warriors, for instance, have four trade exceptions set to expire today, but the most valuable one is worth just $1,925,880.

However, there are a few more notable TPEs worth mentioning. Here are the five most valuable traded player exceptions expiring today:

  1. Miami Heat: $7,533,867
  2. Memphis Grizzlies: $4,185,185
  3. Los Angeles Clippers: $3,567,720
  4. Sacramento Kings: $2,673,334
  5. Portland Trail Blazers: $2,338,847

The Nuggets, Rockets, Timberwolves, Sixers, and Wizards also have small exceptions expiring today.

Most higher-value trade exceptions, including the Celtics‘ $28.5MM TPE and the Thunder‘s $27.5MM TPE, won’t expire until the offseason.

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

Fischer’s Latest: Graham, Hornets, Mavs, Fournier, Knicks, More

While it remains unclear how LaMelo Ball‘s wrist injury will affect the potential availability of fellow Hornets guard Devonte’ Graham, some people around the league were already skeptical that Charlotte would trade Graham this week, writes Jake Fischer of Bleacher Report.

“They’ll try to keep him, and they’re willing to pay,” one assistant general manager said of Graham, who is eligible for restricted free agency this summer. Team executives polled by Fischer estimated that it may cost about $13-16MM annually on a four-year deal for the Hornets to re-sign Graham.

Ball’s injury may make the Hornets less likely to address their center position with a one-year stopgap, but it shouldn’t discourage them from remaining on the lookout for a long-term solution, per ESPN’s Zach Lowe.

Both Fischer and Lowe reiterate that Pacers center Myles Turner is high on Charlotte’s wish list, which has been previously reported. Fischer also identifies Grizzlies big man Gorgui Dieng as a potential target for the Hornets and says Charlotte has also called the Lakers asking about Montrezl Harrell.

Here’s more from Fischer:

  • The Mavericks have been the “loudest rumored team” for Magic guard Evan Fournier, according to Fischer, who says that one possible package would consist of James Johnson and a pair of second-round picks.
  • The Hawks are worth keeping an eye on as a possible Victor Oladipo landing spot, says Fischer, adding that the team has made Bogdan Bogdanovic and Cam Reddish available.
  • The Knicks have signaled interest in using their $15MM in cap room to accommodate a three-team deal, per Fischer. Some people within the team’s front office are against the idea of surrendering any draft assets for a player who could be signed this summer.
  • Fischer adds the Rockets, Pacers, and Bulls to the list of teams that have looked into a possible acquisition of Nets guard Spencer Dinwiddie. Miami, Detroit, and Toronto have previously been cited as possibilities for Dinwiddie.
  • Although the Pelicans and Bulls had some earlier discussions centered around Lauri Markkanen and Lonzo Ball, those talks haven’t seemed substantial, sources tell Fischer.

Grizzlies' Gorgui Dieng Could Receive Buyout

  • Grizzlies center Gorgui Dieng could receive a buyout if the team is unable to trade him, O’Connor writes. Dieng hasn’t played in the club’s last nine games.

Heat Notes: Dinwiddie, Ariza, Gay, Bjelica, Winslow

The Heat are among the teams with interest in Nets point guard Spencer Dinwiddie, according to Ian Begley of SNY.tv, who previously reported that Detroit is eyeing Dinwiddie as well.

Miami’s interest in Dinwiddie is curious — the Heat presumably want to make a push to get back to the NBA Finals, and the 27-year-old is considered likely to miss the rest of the season due to a partially torn ACL. It also may be tricky for Miami to make a deal with another Eastern Conference contender, lest they risk strengthening a potential playoff opponent.

On top of that, the Heat have the ability to open up some cap space this offseason, so Dinwiddie’s Bird rights wouldn’t be as valuable to them as they would be to teams without any projected room. So while it’s not impossible to imagine Brooklyn and Miami making a deal involving the veteran guard, it seems somewhat unlikely.

Here’s more on the Heat:

  • In the wake of Miami’s acquisition of Trevor Ariza, Anthony Chiang of The Miami Herald breaks down what the deal means for the team, while Barry Jackson of The Miami Herald gets some feedback from an NBA scout on the 35-year-old’s fit. Ariza has typically played the small forward position, but Jackson’s source expects him to be a de facto power forward in Miami. “In today’s day and age, Ariza can be a four,” the scout said. “There’s so little distinction between threes and fours when you look at who’s on the floor. I don’t think that’s a problem at all.”
  • Within the same story, Jackson suggests that it may no longer make sense for the Heat to pursue some veteran forwards who were previously believed to be targets, such as Rudy Gay and Nemanja Bjelica. And while LaMarcus Aldridge remains a possibility in a buyout scenario, Jackson is unsure the Spurs big man would get a ton of playing time in Miami if Kelly Olynyk continues to play well and Ariza establishes himself as a rotation player.
  • Before playing his old team for the first time on Wednesday, Grizzlies forward Justise Winslow expressed gratitude to the Heat, with whom he spent the first four-and-a-half years of his NBA career. “More than anything, I want to see those faces, just to tell them, ‘Thank you,'” Winslow said, per Michael Wallace of Grizzlies.com. “Because I wouldn’t be here without their guidance and without their support. It’s no hard feelings, just a lot of gratitude from me.”

Trade Rumors: Hill, Ariza, Tucker, Hawks, Collins, Celtics, More

Multiple playoff contenders have interest in Thunder veterans George Hill and Trevor Ariza, reports Shams Charania of The Athletic. According to Charania, the Clippers are among the teams eyeing Hill.

Neither Hill nor Ariza is active right now for the Thunder. Hill hasn’t played since January 24 due to a right thumb injury, while Ariza has been away from the team all season, having been acquired in an offseason trade as a salary throw-in. Hill shouldn’t be out too much longer though, and there’s no indication that Ariza isn’t healthy.

The Thunder have been focusing on developing their young players, so Hill and Ariza are expendable. However, Charania notes that the team would be fine with retaining Hill, who is under contract for 2021/22 at a reasonable price ($10MM).

Here are a few more trade-related notes and rumors from Charania:

  • The Rockets continue to discuss possible P.J. Tucker trades with teams like the Bucks, Heat, and Lakers, but the Nets are no longer believed to be actively involved, writes Charania. A Brooklyn deal for Tucker likely would’ve involved injured guard Spencer Dinwiddie.
  • The Hawks have made trade inquiries in recent weeks about wing players, per Charania. The team is currently missing two of its top young forwards, De’Andre Hunter and Cam Reddish, due to injuries.
  • Hawks big man John Collins is among the potential trade targets being eyed by the Celtics, but Atlanta’s asking price is high, according to Charania, who says the team is seeking a high first-round pick and/or a talented young player. Collins is eligible for restricted free agency this summer.
  • The Pistons are after a second-round pick in exchange for veteran shooting guard Wayne Ellington, says Charania. Ellington is having a nice year in Detroit, with 10.6 PPG and a .422 3PT%.
  • Heat guard Avery Bradley and Grizzlies forward Gorgui Dieng are receiving interest from several teams, sources tell The Athletic.