Memphis Grizzlies Rumors | Hoops Rumors

Grizzlies To Release Omri Casspi

February 7th, 2019 at 3:41pm CST by Luke Adams

Veteran forward Omri Casspi is among the NBA’s roster casualties on deadline day, according to Michael Wallace of Grizzlies.com (Twitter link). Wallace reports that the Grizzlies are waiving Casspi in order to keep their roster count at 15 players.

Memphis has agreed to a series of deadline trades, including one with the Raptors that will see three players sent to the Grizzlies in exchange for Marc Gasol. As a result, Memphis needed to open up a roster spot to accommodate those incoming players.

Casspi makes sense as the odd man out. The 30-year-old recently suffered a torn meniscus and it was unclear whether or not he’d be able to return this season, Wallace notes. Casspi will get a head start on unrestricted free agency for next season after averaging 6.3 PPG and 3.2 RPG in 36 games for Memphis.

Meanwhile, the release of Casspi bodes well for Bruno Caboclo, who is on his second 10-day deal with the Grizzlies and was another candidate to be waived, based on his contract situation. However, Memphis likes what it has seen from Caboclo and there’s a good chance he’ll get a rest-of-season contract, perhaps even with guaranteed money for next season too, tweets Chris Herrington of The Daily Memphian.

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.

Grizzlies Hanging Onto Mike Conley

February 7th, 2019 at 1:55pm CST by Luke Adams

The Grizzlies are sending Marc Gasol to Toronto, but won’t make a trade involving their other longtime star, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that Memphis will hang onto Mike Conley through the deadline after discussing possible deals with multiple clubs.

The Jazz, Pistons, Raptors, and Pacers were among the clubs that reportedly had some level of interest in Conley, with Utah and Detroit making offers that featured first-round picks.

According to Michael Wallace of Grizzlies.com (Twitter link), Memphis will revisit the trade market for Conley in the summer. However, the club also isn’t opposed to the idea of keeping him beyond this season and retooling around Conley and Jaren Jackson moving forward.

Conley’s lucrative long-term contract with the Grizzlies runs through at least 2019/20, with a player option for 2020/21 which is a near lock to be exercised.

Mike Conley: “I’ll Play Anywhere”

February 7th, 2019 at 11:39am CST by Arthur Hill

Mike Conley is denying a rumor that he and his representatives are trying to quash a trade to Utah, tweets Omari Sankofa II of The Athletic.

“I’ll play anywhere,” the Grizzlies guard said during today’s shootaround. He claims he doesn’t know how speculation started that wants to head East, adding that he doesn’t have a preference for either conference.

Conley has been the subject of intense speculation since Memphis let it be known last month that it was willing to listen to offers for him and Marc Gasol. A report on Wednesday said the Jazz were making progress in a deal for Conley, but he and his representatives were resisting it, hoping to wind up in Indiana, Toronto or Detroit instead.

Memphis is seeking multiple first-round picks in any Conley deal. Utah reportedly offered a first-rounder and second-rounder, along with a pair of expiring contracts (believed to be Ricky Rubio and Derrick Favors), but declined when the Grizzlies asked for Dante Exum.

Trade Rumors: Gasol, Conley, Hornets, Wolves, Suns

February 7th, 2019 at 9:45am CST by Luke Adams

The Grizzlies hold two of the NBA’s biggest trade chips as today’s trade deadline approaches, and the two teams linked most frequently to Marc Gasol and Mike Conley, respectively, remain in the hunt for those players, according to reports.

Marc Stein of The New York Times tweeted this morning that the Hornets continue to engage the Grizzlies on a potential deal for Gasol, which has been rumored throughout the week, and ESPN’s Adrian Wojnarowski confirms (via Twitter) that the two teams are still trying to bridge the gap in those talks.

Meanwhile, on the Conley front, the Jazz have been most frequently cited as a potential landing spot for the veteran point guard. Despite whispers that Conley prefers not to end up in Utah, the Jazz haven’t abandoned their efforts to acquire him, according to Stein, who tweets that Memphis has considered waiting until the offseason to revisit Conley trade talks.

Even if Gasol and/or Conley stay put, it could still be an active deadline in Memphis. Stein notes (via Twitter) that JaMychal Green is attracting trade interest. Garrett Temple and Justin Holiday have also been mentioned as potential trade candidates.

Here are a few more trade rumors from across the league:

While their focus is on Gasol for now, the Hornets were in the mix for Harrison Barnes before he was sent to Sacramento, according to Stein (Twitter link).
The Timberwolves haven’t made any serious progress on any deals, according to Darren Wolfson of 5 Eyewitness News, who observes (via Twitter) that the Jeff Teague, Gorgui Dieng, and Taj Gibson contracts won’t be easy to move due to large cap hits and – in the case of Teague and Dieng – multiyear commitments. Anthony Tolliver, on a smaller expiring contract, has generated interest and could be moved today, Wolfson adds.
League sources tell Duane Rankin of The Arizona Republic that the Suns haven’t talked to the Lakers about a Lonzo Ball deal and that Josh Jackson and T.J. Warren aren’t expected to go anywhere today.
Although there may be an outside perception that Anthony Davis‘ trade request has destabilized the Pelicans, none of his teammates have shown even a hint of animosity toward him, as Michael C. Wright of ESPN.com details. Head coach Alvin Gentry called Davis “a great kid,” while teammate Jrue Holiday said, he “loves” having AD around. “He’s like my big brother. He takes care of me,” Jahlil Okafor said of Davis. “… Selfishly, I would love to be by him every day like I have been this year. But at the end of the day, I just want him to be happy.”

Wizards Notes: Beal, Ariza, Conley, Gasol

February 7th, 2019 at 12:41am CST by Luke Adams

It was a busy night for the Wizards, who officially completed a trade that sent Otto Porter to the Bulls for Jabari Parker, Bobby Portis and a future second-round pick, then later finalized a deal to move Markieff Morris and a second-rounder to the Pelicans for Wesley Johnson.

While the pair of moves won’t necessarily make Washington a better team on the court, the financial implications are significant. The Wizards have now slipped below the luxury tax line for the 2018/19 season, which will help them avoid the repeater tax going forward.

As ESPN’s Bobby Marks observes (via Twitter), the Wizards have now saved $18.3MM toward the tax since the start of the season, sneaking just $232K below the threshold with today’s Portis and Morris deals.

Here’s more out of D.C.:

After tonight’s trade of Porter to Chicago, the Wizards’ future now lies in the hands of Bradley Beal, writes David Aldridge of The Athletic. He suggests that owner Ted Leonsis should meet with Beal soon to find out how committed he is to the team’s future. Regardless of the answer, it will provide a road map for which moves need to be made next.
For what it’s worth, the Wizards have no intention of moving Beal this week, sources tell Shams Charania of The Athletic (Twitter link).
Aldridge argues (via Twitter) that there’s no point in the Wizards hanging onto Trevor Ariza and Jeff Green – a pair of veterans on expiring contracts – for the rest of the season. However, ESPN’s Adrian Wojnarowski reports (via Twitter) that there’s mutual interest between Ariza and the Wizards in extending their relationship beyond this season. That should be easier financially for the club now that Porter is off the books.
Today’s trade with the Bulls came together quickly, tweets Candace Buckner of The Washington Post. Sources tell her that trade talks between Washington and Chicago didn’t start until today. In a full story for The Post, Buckner explores how the trade of Porter – and the subsequent trade of Morris – shook up the Wizards’ locker room.
Before word of the Wizards’ second trade broke today, Buckner reported (via Twitter) that the team has inquired on Grizzlies trade candidates Mike Conley and Marc Gasol. It’s hard to envision Washington making a move for either player at this point.

Arthur Hill contributed to this post.

Mike Conley Resisting Trade To Utah?

February 6th, 2019 at 5:02pm CST by Arthur Hill

6:05pm: The Raptors aren’t trying to trade for Conley, while the Pistons are pessimistic that a deal will get done before the deadline, Stein tweets.

5:02pm: The Jazz are closer to working out a trade for Grizzlies guard Mike Conley, but Conley and his representatives prefer to see him sent somewhere else, according to Brian Windhorst of ESPN (Twitter link).

“Utah was making some progress in acquiring him, and I think that would have been a tremendous deal for Utah,” Windhorst said on ESPN’s “The Jump.” (video link via @The_6ix_man) “Mike Conley‘s agent has made it known that Mike Conley does not want to play in Utah. … If he’s going to be traded, he’d prefer to go the the Eastern Conference. Now Memphis is working on deals with Detroit and Toronto.”

A trade with the Raptors would mean Kyle Lowry may wind up with the Jazz, Windhorst adds. Utah has been interested in Lowry for a long time and Lowry has “a ton of respect” for Jazz coach Quin Snyder, according to Tony Jones of The Athletic (Twitter link).

The report on Conley is backed up by Marc Stein of The New York Times, who tweets that he is resisting a trade to the Jazz. Conley has no ability to block a deal — he is under contract for more than $67MM over the next two seasons — but he’s making it clear that Utah isn’t his first choice.

The Pacers continue to talk to the Grizzlies about Conley, according to Sam Amick of USA Today (Twitter link). However, Indiana and Toronto believe Memphis’ asking price is “prohibitively high.” Jones states that he heard the Pacers offered a young player and a veteran and were met with a counteroffer that they didn’t consider realistic.

A source tells Vince Ellis of The Detroit Free Press that the Grizzlies are asking the Pistons to include shooting guard Luke Kennard and a first-round pick in any package. Ellis speculates that Reggie Jackson would also be part of the deal, but notes that picking up Conley would limit Detroit’s financial flexibility going forward.

Marc Gasol Talks Between Hornets, Grizzlies Not Dead

February 6th, 2019 at 2:38pm CST by Luke Adams

The trade discussions involving Marc Gasol between the Hornets and Grizzlies aren’t completely dead yet, sources tell Jake Fischer of SI.com (Twitter link). We heard on Tuesday night that Charlotte and Memphis were becoming skeptical that they’d get something done, but according to Fischer, the two teams remain hopeful of completing a deal.

While Gasol doesn’t really have a say in his destination, Rick Bonnell of The Charlotte Observer hears from a source close to the veteran center that he expects to ultimately end up with the Hornets (Twitter link).

With talks between the two teams apparently heating up on Tuesday, the Grizzlies held Gasol out of their game against Minnesota. According to Fischer (via Twitter), some people involved in the process believe Memphis may have forfeited some leverage by prematurely sitting Gasol while the Hornets played all their veterans.

There are a number of different player combinations the Hornets could use to match Gasol’s $24MM+ salary, but Kevin O’Connor of The Ringer reported today that the Charlotte’s offer would likely include Bismack Biyombo, Michael Kidd-Gilchrist, and a protected first-round pick.

According to O’Connor, a difference in opinion over the protections on that first-rounder was the main hold-up, though Fischer suggests that the two sides may also not have agreed on the contracts required for salary-matching purposes. Memphis’ proximity to the luxury tax line could also be an issue — assuming the Grizzlies take on Biyombo and Kidd-Gilchrist, they’d likely want to attach at least one more player to Gasol to avoid going into tax territory.

The Grizzlies have less than 24 hours to determine whether they’ll move Gasol and/or Mike Conley before this season’s trade deadline. What Memphis does with those two players could have a ripple effect on the rest of the roster, with veterans like JaMychal Green, Garrett Temple, and Justin Holiday also believed to be on the trade block.

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.

Trade Rumors: Wolves, A. Davis, Irving, Conley, More

February 6th, 2019 at 12:42pm CST by Luke Adams

After making a big splash earlier in the season by sending Jimmy Butler to Philadelphia, the Timberwolves remain active on the trade market, according to Jon Krawczynski of The Athletic, who reports that GM Scott Layden is “canvassing the league for available deals.” Darren Wolfson of 5 Eyewitness News relays a similar sentiment, tweeting that Layden has been “much more communicative” than in past years.

According to Wolfson, players on expiring contracts are available, as are Jeff Teague and Gorgui Dieng. However, as of Tuesday, there was “zero sense” that anything was close to getting done. Meanwhile, sources tell Krawczynski that multiple teams checked in last month on Andrew Wiggins to see if the Timberwolves might be willing to move him for “pennies on the dollar.” Those inquires qualified more as due diligence though, and didn’t really go anywhere, per Krawczynski.

Here are several more trade rumors from around the NBA:

The Pelicans still have yet to respond to the Lakers‘ most recent trade offer for Anthony Davis, reports ESPN’s Adrian Wojnarowski (via Twitter). L.A. reportedly pulled out of talks on Tuesday after making a big offer on Monday night, though it appears the club would be ready to re-engage if New Orleans makes a counter-offer.
While Kyrie Irving‘s comments on his upcoming free agency last week had some league observers wondering if the Celtics would consider moving him at the trade deadline, the team – unsurprisingly – has no intention to do so, writes Steve Bulpett of The Boston Herald. “Boston’s not taking calls on Kyrie,” one general manager said. “That was made pretty clear.”
The Grizzlies are believed to be seeking multiple first-round picks in any package for Mike Conley, tweets Marc Stein of The New York Times. According to Tony Jones of The Salt Lake Tribune, the Jazz’s final offer to Memphis was a first-round pick, a second-round pick, and expiring contracts (likely Ricky Rubio and Derrick Favors). The Grizzlies asked for Dante Exum, but were told no, per Jones (Twitter link via John Martin of 92.9 ESPN).
A source tells Joe Cowley of The Chicago Sun-Times that the Bulls have received “a handful” of calls about Jabari Parker within the last week. Parker is a candidate to be traded, or to be bought out if Chicago can’t find a suitable deal.
According to Keith Smith of Yahoo Sports (Twitter link), the Hawks have started to receive more calls on veteran trade candidates Kent Bazemore, Dewayne Dedmon, and Jeremy Lin. Smith adds (via Twitter) that Knicks forward Noah Vonleh is another trade candidate to watch, as he has generated multiple inquiries.