Memphis Grizzlies Rumors | Hoops Rumors

Grizzlies Trade Mike Conley To Jazz

July 6th, 2019 at 12:48pm CST by Luke Adams

JULY 6: The trade sending Conley to the Jazz is now official, per the NBA’s transactions log. Darius Bazley, who was selected with the No. 23 overall pick last month, will be re-routed from Utah to Oklahoma City in a subsequent deal, while Korver will be sent to Phoenix.

JUNE 19: The Grizzlies and Jazz have reached an agreement on a trade that will send standout point guard Mike Conley to Utah, reports Shams Charania of The Athletic (Twitter link).

According to ESPN’s Adrian Wojnarowski (via Twitter), Memphis will receive a package made up of Jae Crowder, Kyle Korver, Grayson Allen, the No. 23 pick in the 2019 draft, and a future first-round pick. Per Wojnarowski (via Twitter), that second first-rounder will be a 2020 pick, which features protections through 2024.

Chris Herrington of The Daily Memphian provides the full details on those protections, tweeting that the Grizzlies will get the pick in 2020 or 2021 if it falls in the 8-14 range. If it doesn’t convey in either of those drafts, it would become top-six protected in 2022, top-three protected in 2023, and top-one protected in 2024.

The deal will be completed once the new league year begins in July for cap reasons, according to Wojnarowski and ESPN’s Bobby Marks (via Twitter). The Jazz will have to absorb Conley using their newly-opened cap room, but won’t necessarily have to waive Derrick Favors‘ non-guaranteed contract to make the deal work, Marks notes (via Twitter).

It’s a huge acquisition for the Jazz, who will be able to pair Conley with Donovan Mitchell in their backcourt, with Favors and Rudy Gobert up front and Joe Ingles providing floor spacing on the wing.

Conley, 31, is coming off perhaps the best season of his NBA career, having averaged a career-high 21.1 PPG to go along with 6.4 APG, 3.4 RPG, 1.3 SPG, and a .438/.364/.845 shooting line.

Utah reportedly tried to land Conley at the trade deadline, putting an offer on the table that featured expiring contracts and a first-round pick, but that wasn’t enough to get Memphis to accept. The Jazz figured to face competition for the point guard from possible suitors like the Pacers, Heat, Celtics, and Mavericks when they circled back this offseason, but they were able to get a deal done early in the summer.

The Jazz can now focus on filling out their roster with complementary players. With Conley’s lucrative contract set to hit their books, they’ll no longer be a player for major free agents, but will have the room exception available. It’s projected to be worth $4.76MM.

Conley is owed $32.5MM in 2019/20 and $34.5MM in 2020/21 before his contract expires in 2021. His deal aligns him with Utah’s other core pieces — currently, Mitchell and Gobert are both on track to reach free agency in 2021 as well.

As for the Grizzlies, they’re expected to shift into rebuilding mode after trading long-time cornerstones Marc Gasol in February and Conley now. They’re poised to select Ja Morant with the No. 2 overall pick in tomorrow’s draft to supplant Conley as their point guard of the future. He and Jaren Jackson Jr. project to be the franchise’s building blocks going forward.

It’s not clear yet whether the Grizzlies intend to keep all the players and draft picks they’re acquiring in exchange for Conley. Crowder and Korver are on fairly modest expiring contracts (Korver’s salary is only partially guaranteed) and could appeal to contenders. Allen and the picks, on the other hand, represent solid assets for Memphis’ rebuild, though David Aldridge of The Athletic (Twitter link) hears that the club will listen to offers for the No. 23 selection.

The Grizzlies are also in position to create a massive traded player exception in the swap, assuming they remain an over-the-cap team. Cap expert Albert Nahmad estimates the value of that exception to be about $25MM (Twitter link).

Photo courtesy of USA Today Sports Images.

Davis Deal Could Be Delayed If Leonard Remains Undecided

July 5th, 2019 at 10:26pm CST by Dana Gauruder

The Anthony Davis trade could be delayed if Kawhi Leonard doesn’t choose a team by noon ET on Saturday, ESPN’s Ohm Youngmisuk and Bobby Marks report.

The complex, four-way series of deals involving the Lakers, Pelicans, Hawks and Wizards can become official Saturday. The Lakers would lose their ability to give Leonard a max contract if any of the other teams involved decline to delay the trade. However, those teams are expected to cooperate, according to Marks.

The Lakers and Pelicans agreed on the initial trade in which Los Angeles sent Lonzo Ball, Brandon Ingram, Josh Hart and three first-round picks to New Orleans for Davis. Los Angeles opened up a $32MM salary slot by agreeing to ship Moritz Wagner, Isaac Bonga, Jemerrio Jones and a 2022 second-round pick to Washington, which sent cash to New Orleans. Davis also agreed to waive his $4MM trade kicker.

New Orleans and Atlanta made a big draft-night swap as an offshoot of the Davis trade. New Orleans agreed to move the No. 4 overall pick, forward De’Andre Hunter, they received from the Lakers as well as a late second-rounder along with Solomon Hill‘s contract to the Hawks for two first-rounders, center Jaxson Hayes and guard Nickeil Alexander-Walker, an early second-round pick and a first-rounder next year.

Without the delay, the Lakers could only offer Leonard a four-year, $127MM contract — $11MM less than the max over the life of the deal.

Leonard’s indecision also may cause some other delays.

The Pelicans won’t be able to sign free agent guard J.J. Redick until the Hill trade is finished. Hill is ticketed to the Grizzlies in another trade once the Davis deal is completed. The rookies involved in those proposed transactions, as well as the three young players headed to the Wizards, aren’t allowed to play summer league ball until everything is finalized.

Wizards Trade Dwight Howard To Grizzlies

July 5th, 2019 at 7:45pm CST by Dana Gauruder

JULY 6: The trade is now official, with both teams announcing it in press releases. “C.J. is respected around the league for his defense, three-point shooting and leadership,” Wizards Senior Vice President of Basketball Operations Tommy Sheppard said. “All of those qualities appealed to us in making this deal and we look forward to him making a positive impact on our team.”

JULY 5: The Wizards are trading center Dwight Howard to the Grizzlies, Shams Charania of The Athletic tweets. Memphis plans to waive Howard or forward him to another team, Adrian Wojnarowski of ESPN tweets.

Washington will receive swingman C.J. Miles in the deal, David Aldridge of The Athletic tweets.

The Grizzlies will shave $3.13MM off their team salary by dealing Miles, who is due $8.73MM next season. Howard has one year and $5.6MM left on his contract.

Additionally, Memphis has waived shooting guard Avery Bradley, Aldridge reports in another tweet. Bradley had a $12.96MM salary for next season but only $2MM was guaranteed. This gives Memphis even more flexibility to make moves, as Aldridge notes.

Bradley is a former client of current Lakers GM Rob Pelinka, which may impact his decision as a free agent, Eric Pincus of Basketball Insiders notes (Twitter link).

Howard opted in for the second year of his contract with the Wizards, who had no interest in keeping the former All-Star on the roster.

Howard, who spent his previous three seasons with three different teams in Houston, Atlanta, and Charlotte, was a complete washout last season. Having used the full taxpayer mid-level exception to sign him, Washington viewed Howard as its major offseason addition, but he only appeared in nine games. Spinal surgery and a hamstring injury during his rehab resulted in a lost season for the 33-year-old Howard.

Miles’ situation was similar. He opted in to his contract but the Grizzlies had little use for the three-point specialist with a hefty salary on a rebuilding squad.

Miles is recovering from a stress reaction in his left foot. The 14-year veteran, who started last season with the Raptors, was sent to the Grizzlies as part of the package for Marc Gasol in February. In total, Miles appeared in 53 games (16.2 MPG) for Memphis and Toronto, averaging just 6.4 PPG on .360/.330/.828 shooting.

Memphis had until July 8 to fully guarantee Bradley’s salary. He appeared in 63 games last season with the Clippers and Grizzlies, averaging 9,9 PPG and 2.4 APG in 30.2 MPG. Without Bradley on their roster, the Grizzlies are in much better position to match an offer sheet for restricted free agent Delon Wright without going into tax territory.

Photo courtesy of USA Today Sports Images.

And-Ones: Casspi, Sampson, Expansion, Armstrong

July 5th, 2019 at 7:10pm CST by Dana Gauruder

Veteran forward Omri Casspi has overseas options if he doesn’t get an NBA offer in free agency. Two prominent teams, Maccabi Tel Aviv and Olimpia Milano, are interested in signing Casspi, according to Davide Chinellato of La Gazzetta dello Sport (hat tip to Sportando). Casspi came off the bench in 36 games last season with the Grizzlies, averaging 6.3 PPG and 3.2 RPG. Casspi, 31, has played for a handful of NBA teams since the 2016/17 season and is a career 36.8% 3-point shooter.

We have more from around the basketball world:

JaKarr Sampson has signed with Shandong in the Chinese Basketball Association, Emiliano Carchia of Sportando reports. Sampson played six games with Shandong last season and 24 G league games with the Windy City Bulls. The 26-year-old forward also appeared in four games with the NBA Bulls last season and has 173 NBA games under his belt.
The Las Vegas Summer League has been highly successful but there are no plans for the league to expand in that city or anywhere else, according to Mark Anderson of the Las Vegas Review-Journal. Commissioner Adam Silver said that expansion is “not on our agenda right now.” Silver also reiterated there are no plans to relocate a current franchise. “There have been no indications from any of our current franchises that they’re considering relocating,” Silver said.
Terry Armstrong, a 2020 draft prospect, will play South East Melbourne Phoenix of the Australian National Basketball League, ESPN’s Jonathan Givony reports. The 6’7” Armstrong is currently rated No. 40 by Givony. No. 6 prospect RJ Hampton and No. 24 prospect LaMelo Ball have also signed with the NBL. Armstrong played for four high schools in three different states.

Grizzlies Notes: Valanciunas, Roster, Bradley

July 5th, 2019 at 11:06am CST by Luke Adams

Speaking to Lithuanian journalist Donatas Urbonas (Twitter link), Jonas Valanciunas explained why he agreed to terms quickly with a retooling Grizzlies team on a three-year, $45MM deal after free agency opened. “I wanted to settle down in one place for a longer time,” Valanciunas said. “[The] Grizzlies had hopes on me and I’m happy to be part of this. We’re young, we’re rebuilding, but we have high aims. It’s interesting to see how we’re gonna look among the other teams.”
Chris Herrington of The Daily Memphian takes stock of where the Grizzlies‘ offseason stands, closing the book on the Chandler Parsons era, breaking down the roster situation, and suggesting that the club appears unlikely to guarantee Avery Bradley‘s $12.96MM salary for 2019/20. Bradley’s contract would become guaranteed if he remains under contract through July 8.

Grizzlies Inherit High-Risk, High-Reward Asset In Josh Jackson

July 4th, 2019 at 9:28pm CST by Austin Kent

The Phoenix Suns unloaded 2017 fourth-overall pick Josh Jackson on the Memphis Grizzlies yesterday, after a tumultuous but oh-so-promising two-year stint with the franchise. Duane Rankin of the Arizona Republic broke down exactly what went wrong for the once-prized prospect.

The Grizzlies, another team in the midst of a rebuild, will hope that a fresh start is enough to put the former Suns prospect back on the right track.

Mavs Planning Offer Sheet For Delon Wright

July 4th, 2019 at 7:24pm CST by JD Shaw

The Mavericks have increased their interest in restricted free agent Delon Wright and plan to give the 27-year-old an offer sheet, according to Brad Townsend of the Dallas Morning News (Twitter link).

Wright could sign an offer sheet with Dallas or another interested team before the moratorium period ends on July 6, although Memphis’ two-day window to match the offer sheet wouldn’t technically start until the moratorium is officially lifted.

The Grizzlies are expected to match any “reasonable” offer sheet for Wright, sources tell ESPN’s Tim MacMahon (Twitter link). Memphis has a lot of moving pieces in play, as trades with Utah, Golden State, and Phoenix still need to be made official. Once the dust settles, the Grizzlies would likely have to waive Avery Bradley‘s non-guaranteed contract, flip Andre Iguodala, or make another salary-shedding move to avoid going into tax territory to retain Wright.

Wright, a 6-foot-5 combo guard, appeared in 75 total games with the Raptors and Grizzlies this season. He was traded to Memphis as part of a deal centered around Marc Gasol in February, holding per-game averages of 12.2 points, 5.4 rebounds and 5.3 rebounds in 26 games for the Grizzlies to end the regular season.

The Mavs’ decision to pursue Wright won’t change the team’s stance on free agent Danny Green, Townsend adds. Dallas projects to have up to about $23MM in cap room, per ESPN’s Bobby Marks (Twitter link), so the team could theoretically make eight-figure offers to both players. Green remains undecided on where he’ll play next season, as he and agent Joe Branch wait for Kawhi Leonard to make his own free-agent decision.

Luke Adams contributed to this post.

Free Agent Rumors: Holiday, Cousins, Burke, More

July 4th, 2019 at 3:58pm CST by Luke Adams

Free agent swingman Justin Holiday has received interest from the Lakers, Clippers, Bulls, Raptors, Pacers, Wizards, Hornets, and Cavaliers, league sources tell Michael Scotto of The Athletic (Twitter link).

Given how quickly most of the top players came off the market, Holiday represents one of the more intriguing options available, given his ability to knock down three-pointers (1.8 3PG on 35.4% shooting over the last three years) and defend on the perimeter.

According to Scotto, the Grizzlies are open to the idea of accommodating a sign-and-trade deal involving Holiday, so a team with interest in him could potentially acquire him using a trade exception if it doesn’t want to cut into its mid-level.

Here’s more on a few NBA free agents:

Wizards interim head of basketball operations Tommy Sheppard briefly spoke with free agent big man DeMarcus Cousins in Las Vegas, according to Candace Buckner of The Washington Post (Twitter link). A previous report indicated there was virtually no chance of Cousins signing with Washington, and Buckner cautions that the conversation was described as small talk, but she still refers to it as an “interesting development.”
The Lakers are in the mix for free agent point guard Trey Burke, according to Marc Berman of The New York Post (Twitter link). Los Angeles still has plenty of roster spots to fill, so it’s not clear how high Burke is on the team’s wish list.
Veteran NBA big man Darrell Arthur, who sat out last season after being waived by Phoenix in October, is considering a comeback and is open to continuing his career overseas, tweets Emiliano Carchia of Sportando.
ESPN’s Tim MacMahon, Marc J. Spears, and Ohm Youngmisuk spoke to coaches, scouts, and executives at the Utah and California Summer Leagues to get their thoughts on free agency so far. Among the highlights: McMahon writes that a number of rival executives and scouts believe the Rockets dodged a bullet by not landing Jimmy Butler.
The Suns have formally renounced their free agent rights to several players, including Dragan Bender, Jamal Crawford, Jimmer Fredette, and Ray Spalding, per RealGM’s transactions log.

Windhorst’s Latest: Beal, Teague, Dragic, Covington, More

July 4th, 2019 at 11:07am CST by Luke Adams

After a star-studded group of free agents hit the open market this summer, 2020’s free agent class isn’t expected to nearly as impressive, so front offices expect trades to “take center stage” over the next year, writes ESPN’s Brian Windhorst.

According to Windhorst, Bradley Beal‘s name is the one that keeps coming up when executives around the NBA discuss potential trade candidates, since the Wizards are facing a possible rebuilding – or at least retooling – process. However, sources tell Windhorst that Washington’s front office continues to resist inquiries on its All-Star shooting guard.

Here’s more from Windhorst’s article about possible trade targets from around the league:

Jeff Teague (Timberwolves) and Goran Dragic (Heat), two veteran point guards on expiring $19MM contracts, were recently discussed in possible deals, Windhorst confirms. Since Minnesota missed out on D’Angelo Russell and Miami found another way to complete its Jimmy Butler sign-and-trade, Teague and Dragic may end up staying put. Neither the Wolves nor the Heat are especially deep at the point guard spot, so if either club deals its veteran guard, it would need to line up another option at the position, Windhorst notes.
The Timberwolves were dangling Robert Covington in an effort to move up in the draft, but eventually dealt Dario Saric instead. Still, league executives wouldn’t be surprised if Covington is back on the trade market at some point in 2019/20, says Windhorst.
Windhorst is skeptical that the Grizzlies will be able to get a real asset in return for Andre Iguodala, suggesting that Memphis’ efforts to trade him may still eventually lead to a buyout.
The Cavaliers will likely try to move Tristan Thompson or John Henson by the trade deadline, according to Windhorst. Both big men are on expiring deals, with Thompson owed $18.5MM while Henson will make $10.5MM.

Grizzlies Exploring Trade Market For Iguodala; No Buyout Planned Before Season

July 4th, 2019 at 12:35am CST by Luke Adams

Once they officially acquire Andre Iguodala from the Warriors after the July moratorium ends, the Grizzlies won’t buy him out right away, reports ESPN’s Tim MacMahon.

According to MacMahon, Memphis is actively exploring the potential trade market for the veteran forward, with the Rockets and Mavericks among the interested teams. The Grizzlies don’t intend to give Iguodala a buyout before the season begins, MacMahon adds.

The fact that the Grizzlies will receive a lightly-protected future first-round pick from Golden State in their deal for Iguodala doesn’t suggest that he has significant value, but that trade was a necessity for the Warriors, who had to clear salary to accommodate D’Angelo Russell‘s new maximum-salary deal under a hard cap of $138.9MM.

With no similar cap crunch of their own, the Grizzlies will have far more leverage in their own trade discussions involving Iguodala. They shouldn’t expect a huge return, given his age (35) and his cap charge ($17.2MM), but there’s reason to believe that the former Finals MVP would appeal to contending teams. According to MacMahon, he has drawn “significant interest.”

Whether they use cap room or remain an over-the-cap team and retain their $21MM+ trade exception, the Mavericks would have the ability to acquire Iguodala without sending out any salary. The capped-out Rockets would have to get more creative, particularly if they don’t want to part with one of their current starters in a trade.

While MacMahon doesn’t mention the Lakers as a team with trade interest in Iguodala, they’d also have the cap room necessary to make a play for him if Kawhi Leonard decides to sign elsewhere. As MacMahon notes, Rob Pelinka was Iguodala’s agent before he became the Lakers’ general manager.