Grizzlies Rumors

Marcus Smart Receiving Sign-And-Trade Interest

Several teams have inquired about the possibility of doing a sign-and-trade deal with the Celtics to acquire Marcus Smart, according to Jordan Schultz of Yahoo Sports (Twitter link). Schultz identifies the Grizzlies and Nets as two clubs that have considered a sign-and-trade scenario.

Smart reportedly met with four teams, including the Nets, this week in Las Vegas as he looks to secure his next contract. Because he’s a restricted free agent and the Celtics are expected to match any offer within reason, the veteran guard hasn’t had much luck finding a team willing to go through the motions of negotiating and signing him to an offer sheet.

While Smart could negotiate a new deal directly with the Celtics, Boston doesn’t seem all that eager to work something out. We heard earlier in free agency that Smart was frustrated by the lack of communication from the C’s, and Schultz cites a source who says the club has had “zero communication or contact” with the 24-year-old.

A sign-and-trade agreement that sends Smart to a new team could be a win-win, but there will be complications. Any club interested in acquiring Smart will have to offer up an asset or two that appeals to Boston. Additionally, the base year compensation rule would likely apply to Smart’s new deal, meaning the Celtics and his new team would count two different salary figures for salary-matching purposes — that could create issues for an over-the-cap club.

If Smart can’t find a sign-and-trade deal or an offer sheet with another team and the Celtics don’t engage more aggressively in talks on a multiyear contract, accepting his one-year qualifying offer remains a possibility.

Daniel Theis, Wayne Selden Get Salary Guarantees

When center Daniel Theis signed a two-year contract with the Celtics last summer, the second year of that deal was non-guaranteed. However, Theis would be assured of his full 2018/19 salary guarantee if he remainder under contract through July 10.

According to multiple reports, including one from Gary Washburn of The Boston Globe (Twitter link), the C’s had no intention of waiving Theis by Tuesday. As such, his $1,378,242 salary for next season is now guaranteed.

It was an easy decision for Boston after Theis enjoyed a solid rookie year as a regular part of the team’s rotation. In 63 games (14.9 MPG), the German big man averaged 5.3 PPG and 4.3 RPG, providing crucial depth in the Celtics’ frontcourt. His season came to an early end in March when he underwent surgery to repair his left knee lateral meniscus, but he should be ready to go for training camp.

Meanwhile, another player – Grizzlies shooting guard Wayne Selden – also had a July 10 guarantee deadline on his salary for 2018/19. However, Michael Wallace of Grizzlies.com recently indicated (via Twitter) that Memphis elected to guarantee Selden’s full $1,544,951 salary prior to the start of Summer League.

Theis and Selden will both be eligible for restricted free agency in the summer of 2019.

Kyle Anderson's Deal Includes 15% Trade Kicker

Grizzlies Sign Swingman Kyle Anderson

JULY 9, 10:55pm: The signing is official, according to a Grizzlies press release, after the Spurs declined to match.

JULY 6, 8:27pm: Spurs swingman Kyle Anderson has signed a four-year, $37.2MM offer sheet with the Grizzlies, Adrian Wojnarowski of ESPN reports. San Antonio has 48 hours to match the offer, which includes a 15 percent trade kicker, on the restricted free agent.

The Grizzlies will use their full mid-level exception on Anderson and become hard-capped if San Antonio fails to match, Bobby Marks of ESPN tweets.

The Grizzlies targeted Anderson in their quest to upgrade at small forward, Wojnarowski continues. Anderson averaged 7.9 PPG and 5.4 RPG in 26.7 MPG last season. He started 67 of 74 games with Kawhi Leonard sidelined for all but nine games with a quad injury.

The 6’9” Anderson is entering his fifth season in the league and the Spurs have been positive about retaining him, Wojnarowski adds. He’s been a rotation player the last three seasons but has never posted big numbers. He is considered a superior defender, which attracted Memphis’ attention as it tries to restore a defensive mindset.

Anderson's D, Ball-Handling Attracted Grizzlies

  • Kyle Anderson‘s defensive metrics were a major reason why the Grizzlies gave the small forward an offer sheet the Spurs didn’t match, according to Michael Wallace of Grizzlies.com. He ranked fourth in steals percentage, sixth in defensive rating and 13th in steals per game and rated as the league’s second-best defending small forward last season behind the Sixers’ Robert Covington. Offensively, Anderson could be used an additional ball handler and initiate half-court sets, Wallace adds.

Grizzlies Have Kicked Tires On Nick Young

  • Free agent swingman Nick Young has received some interest from the Kings, Grizzlies, Rockets, Cavaliers, Jazz, and Timberwolves, among others, tweets Darren Wolfson of 5 Eyewitness News. According to Wolfson, Young views Minnesota as as “good opportunity” but the club’s interest hasn’t been as aggressive as it was a year ago.

Spurs Decline To Match Grizzlies’ Offer Sheet For Kyle Anderson

The Spurs are declining to match the offer sheet Kyle Anderson signed with the Grizzlies, Adrian Wojnarowski of ESPN.com reports (Twitter link). It was previously reported that San Antonio was leaning against matching the four-year, $37.2MM offer.

[RELATED: Grizzlies sign Kyle Anderson to offer sheet]

Anderson will likely become Memphis’ starting small forward, Wojnarowski notes. The 24-year-old has been excellent on the defensive end and the organization views the deal as an investment toward its goal of “recapturing” the Grit and Grind era, Woj writes in a full-length piece on ESPN.com.

Anderson, a UCLA product, enjoyed a more prominent role than expected in 2017/18, with Kawhi Leonard sitting out nearly the entire season. The wing appeared in 74 games, averaging 7.9 points, 5.4 rebounds, and 2.7 assists per contest with an efficient .527 FG%.

The Spurs are already over the cap, committing $105.6MM for the upcoming season with only 10 players under contract. Matching Anderson’s offer sheet would have left the team without much financial flexibility as it aimed to fill out the remainder of the roster. San Antonio still has to consider new deals for its other restricted free agents, Davis Bertans and Bryn Forbes.

Anderson’s departure represents the latest in a string of lost restricted free agents for the Spurs. The club opted to withdraw qualifying offers for Cory Joseph and Jonathon Simmons in 2015 and 2017, respectively, allowing them to sign elsewhere. In 2016, San Antonio opted not to match Boban Marjanovic‘s offer sheet with the Pistons.

Photo courtesy of USA Today Sports Images.

Spurs Unlikely To Match Offer For Kyle Anderson?

As tonight’s deadline approaches, the Spurs are leaning toward not matching the Grizzlies’ offer sheet for Kyle Anderson, tweets Jabari Young of The San Antonio Express News.

Memphis extended the four-year, $37.2MM offer on Friday, so the clock is winding down on San Antonio’s 48-hour time frame to match the deal. The Spurs have luxury tax concerns, and Anderson’s starting salary could push them to the brink of the tax. The offer sheet also includes a 15% trade kicker.

An injury to Kawhi Leonard created an opportunity for Anderson, who responded with the best season of his four-year career. He appeared in 74 games this year, starting 67, and averaged 7.9 points while establishing himself as a force on defense.

Spurs Notes: Parker, White, Anderson, Leonard

Tony Parker wanted to stay in San Antonio, but the Spurs wouldn’t offer a multi-year deal or guarantee significant playing time, relays Jeff McDonald of The San Antonio Express-News. Parker hasn’t given up on his goal of playing 20 NBA seasons, but he’ll need three more to get there and it became increasingly clear that wouldn’t happen in San Antonio.

“The Spurs will always be home,” said Parker, who agreed to a two-year, $10MM contract with Charlotte. “San Antonio will always be a big part of my life. At the end, I just felt like the Hornets wanted me more.”

Parker will have a defined role in Charlotte as the primary backup to point guard Kemba Walker. Playing time wouldn’t have been guaranteed with the Spurs, who wanted him to serve primarily in a mentorship role. Parker, who spent 17 years in San Antonio and won four NBA titles, met with longtime teammate Tim Duncan two weeks ago to discuss the decision to leave.

“I never took for granted that what we did was hard,” Parker said. “Me, Manu [Ginobili] and Tim took less money in free agency every time. It’s not easy to have a dynasty. I think some people maybe took it for granted. I don’t think what we did will ever happen again.”

There’s more today from San Antonio:

  • The loss of Parker should create more playing time for Derrick White, McDonald writes in a separate story. The former first-round pick can handle either backcourt position, but is being used primarily at point guard during summer league play.
  • The Spurs haven’t decided whether to match the Grizzlies’ offer sheet for Kyle Anderson and will probably go right to today’s deadline before making an announcement, McDonald notes in a another piece. Memphis extended a four-year, $37.2MM offer to Anderson on Friday that includes a 15% trade kicker. Anderson, 24, had a career-best season in 2017/18, starting 67 of the 74 games he played and averaging 7.9 points, 5.4 rebounds and 1.6 steals per night. The Spurs are already near the tax line, and matching Anderson’s deal would move them about $3MM closer on top of his $6.45MM cap hold.
  • The decision on Anderson could provide a clue on what the Spurs plan to do with Kawhi Leonard, McDonald tweets. If they plan to keep Leonard and try to fix their strained relationship, the Spurs won’t have significant minutes to offer Anderson. If they expect to trade Leonard before the season starts, there’s no one else on the roster who can fill Anderson’s role on defense.
  • The Spurs made a front office move over the weekend, adding former Pistons director of player personnel Adam Glessner, according to Vince Ellis of The Detroit Free Press (Twitter link).

Grizzlies Sign Jaren Jackson To Rookie Contract

The Grizzlies became the latest team to formally lock up their first-round pick to his rookie scale contract on Sunday, announcing in a press release that they’ve signed Jaren Jackson Jr.

Jackson, the fourth overall pick in the 2018 draft, elected to go pro after spending just one season at Michigan State. As a freshman, the 6’11” forward/center averaged 10.9 PPG, 5.8 RPG, and an impressive 3.0 BPG in just 21.8 minutes per contest. He also showed an ability to make outside shots, with a .396 3PT%.

As the No. 4 overall pick, Jackson figures to earn a first-year salary of approximately $5.9MM. That’s the maximum allowable 120% of the rookie scale amount for the fourth overall pick. His deal will feature two guaranteed years, with team options on the third and fourth seasons.

Three of this year’s top-five picks have now officially signed their rookie scale contracts, with Jackson joining Marvin Bagley III (Kings) and Trae Young (Hawks).