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Buyout Details For Belinelli, Johnson, Wright

February 12th, 2018 at 12:07pm CST by Luke Adams

Several veteran players have been waived by their respective teams since Thursday’s trade deadline, with guard Marco Belinelli, forward Joe Johnson, and big man Brandan Wright receiving buyouts. As those vets prepare to sign with new teams, ESPN’s Adrian Wojnarowski (Twitter link) passes along details on how much money they gave back to their old clubs.

According to Wojnarowski, Belinelli gave up $300K to get out of his deal with the Hawks, Johnson surrendered $1MM in his buyout agreement with the Kings, and Wright gave up $776K to the Grizzlies.

[RELATED: 2017/18 Buyout Market Summary]

As Woj observes in his tweet, a player who agrees to buy out typically does so knowing that he’ll earn back most or all of his lost salary once he signs a new deal. With that in mind, it’s worth noting that Wright’s buyout amount doesn’t appear to be arbitrary — if he signs a minimum salary deal with the Rockets today, Wright will earn approximately $776K for the rest of the season with Houston.

Since Belinelli, like Wright, has at least 10 years of NBA experience too, his minimum salary deal would also be worth about $776K if completed today. Those two contracts would count for only about $490K against the cap. As for Johnson, if he signs with Houston on Tuesday, he’d earn about $763K on a minimum salary deal, with a cap hit of approximately $482K.

Johnson, whose salary had been $10.5MM+ before his buyout, apparently agreed to give up a little more salary than he’ll earn the rest of the way with the Rockets. But that trade-off is certainly worth it, since he’ll make the move from the NBA’s worst team to the club with perhaps the best shot at knocking off the defending-champion Warriors.

As for Belinelli, his relatively modest buyout signals that the Hawks were ready to move on from the veteran and hand his minutes over to younger players. He’ll come out ahead financially after signing with the Sixers.

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NBA G League Assignments/Recalls: 2/11/18

February 11th, 2018 at 10:04pm CST by marksuleymanov

Here are Sunday’s G League assignments and recalls from around the NBA.

10:04pm: 

  • The Warriors have assigned Patrick McCaw to their affiliate in Santa Cruz, the team announced (Twitter link).

2:52pm:

  • The Grizzlies have assigned forward Brice Johnson to their G League affiliate, the Memphis Hustle, the team announced in a press release. Johnson was acquired by the Grizzlies prior to the trade deadline on Thursday. In 24 G League games this season, Johnson has averaged 13.4 PPG and 9.5 RPG.
  • The Thunder have recalled guard Terrance Ferguson and center Dakari Johnson from their G League affiliate, the Oklahoma City Blue, the team announced in a press release. Ferguson has appeared in 41 games with the Thunder this season while Johnson has racked up 24 appearances.
  • The Pacers recalled center Ike Anigbogu from their G League affiliate in Fort Wayne, the team announced on its website. While the rookie has played sparingly with the big league club, he’s averaged 6.3 PPG, 6.7 rebounds and 1.9 blocks per game in 12 games with the Mad Ants this season.
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Two Factors Prevented A Tyreke Evans Trade

February 11th, 2018 at 7:25pm CST by Arthur Hill

The Grizzlies‘ desire for a first-round pick and their insistence on not taking back unwanted salary were behind the failure to trade Tyreke Evans before the deadline, according to Chris Herrington of The Memphis Commercial Appeal. Memphis is counting on using its $8.6MM mid-level exception to sign a free agent this summer and doesn’t want to get close to the luxury tax threshold. The team already has more than $101MM in committed salary for next season.

Herrington adds that GM Chris Wallace wanted a quality first-rounder in exchange for Evans, rather than multiple second-rounders, because the roster is already stuffed with young players. The Grizzlies were disappointed that the offers they got for Evans were no better than what they received for Courtney Lee two years ago.

Memphis won’t be able to offer Evans more than the MLE this offseason, but he may find that enticing as a way to build up Bird rights, which allow teams to exceed the cap to re-sign their own players. He doesn’t have them now because he joined the Grizzlies on a one-year contract, but he can get Early Bird rights if signs with Memphis for one more season or full Bird rights if he stays two more.

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Grizzlies Waive Brandan Wright

February 10th, 2018 at 5:19pm CST by Arthur Hill

The buyout is complete for Brandan Wright, who has already indicated his intention to sign with the Rockets. The Grizzlies waived him this afternoon, announcing the move on their website.

The 30-year-old forward has been slowed by injuries since signing with Memphis in 2015, appearing in a combined 67 games over nearly three seasons. He played 27 games this year, averaging 5.0 points and 3.4 rebounds in 13.6 minutes per night.

Wright will now go through the waiver process, and expects to sign with Houston once he clears on Monday. The Rockets will have a roster spot available after waiving veteran guard Bobby Brown.

Terms of Wright’s buyout were not released, but he was making nearly $5.96MM on an expiring contract. The move leaves Memphis with an open roster spot.

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2017/18 Buyout Market Summary

February 9th, 2018 at 10:51pm CST by Austin Kent

With the trade deadline in the rearview mirror, much attention is being paid to what is expected to be several weeks of busy buyout market activity. The last day that a player can be waived from their current team and still be eligible to play in the postseason with a new team is March 1.

Below are a series of lists breaking down the veterans who have already been bought out – or simply waived – by their respective teams since the trade deadline, along with those who are expected to be, and several more who really ought to be considered possible buyout candidates even if no reports have come out explicitly stating as much.

As the weeks unfold, we may see new names surface as buyout candidates, in such cases (and whenever a player is formally bought out) we’ll update the list.

Potential buyout candidates:

Expected to be bought out or released:

  • None

Veterans who have been bought out or released:

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Grizzlies, Brandan Wright Working Toward Buyout

February 9th, 2018 at 6:23pm CST by Austin Kent

The Grizzlies are working toward a buyout with forward Brandan Wright, Chris Haynes of ESPN tweets. The 30-year-old big man has played the last three season in Memphis but has struggled to stay on the court.

Across the 67 games that he has suited up for the club, Wright has averaged 6.1 points and 3.2 rebounds per game in just 15.3 minutes of action.

While Wright may not carry with him the clout that some of the other veterans set to hit the buyout market do, he could be a valuable addition for teams interested in frontcourt depth.

A full-fledged breakout never came for Wright but the former lottery pick has shown glimpse of impressive production in the past. He may not have lived up to the $17MM, three-year deal he inked with the Grizz back in 2015 but he can certainly help a contender for cheap if he does ultimately clear waivers.

 

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Windhorst/Lowe On Cavs, Clips, Dinwiddie, Hood

February 9th, 2018 at 3:27pm CST by Luke Adams

The Cavaliers had an eventful trade deadline, trading away six players and taking back four new ones in three Thursday trades. However, it sounds as if the team was somewhat close to making an even bigger splash. Appearing today on Zach Lowe’s Lowe Post podcast, ESPN’s Brian Windhorst said that there were people around the NBA who believed on Thursday morning that the Cavs and Clippers were gaining traction on a DeAndre Jordan deal.

“The reason people thought that was because there were other teams that were engaged in trade talks with pieces that would have spun off from that trade,” Windhorst explained. “So it got to the point where the Cavs and Clippers felt like they were close enough to some sort of agreement with each other that they could begin looking to bring in third teams and that’s why I know about it.”

According to Lowe, who says that the Cavaliers were never willing to send the Nets’ 2018 first-rounder to the Clippers in exchange for Jordan, talks between Clevleand and L.A. never got into “the red zone.” Still, Windhorst says that the two teams got at least “some distance down the road” before the Cavs opted to make other deals and the Clippers decided to keep Jordan.

Here’s more from Windhorst and Lowe:

  • The Nets were asking for “a lot” in return for Spencer Dinwiddie, according to Lowe, who says the Cavaliers explored a trade for Dinwiddie that involved Cleveland’s own 2018 first-rounder. Such a deal would have had the added benefit of improving the value of Brooklyn’s first-rounder for the Cavs, the Nets’ asking price was too high for Cleveland.
  • According to Lowe, Avery Bradley‘s asking price for his upcoming free agency is “gargantuan.” Lowe expects the Clippers guard to have to recalibrate his expectations at some point.
  • Lowe doesn’t think Rodney Hood‘s deal in restricted free agency this summer will be exorbitant, speculating that the Cavaliers might be able to lock him up for something in the neighborhood of $10-12MM per year.
  • Windhorst, who said last week that the Cavaliers had explored whether George Hill would be open to a buyout next year if they were to acquire him, clarified some details on that report. Since Hill was believed to be “miserable” with the Kings, per Windhorst, the Cavs looked into whether he’d be willing to reduce the guarantee on his $19MM salary for 2018/19 in order to facilitate a trade. That didn’t end up happening though.
  • Windhorst and Lowe said today there has been a lot of chatter around the NBA about the Grizzlies‘ approach to the deadline. For about 36 to 48 hours, Memphis was giving the teams the impression that they were on the verge of moving Tyreke Evans, presumably in an effort to get clubs to increase their offers, according to Lowe, who says the Grizzlies may have “out-thought themselves.”
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Traded Player Exceptions Created In Deadline Deals

February 9th, 2018 at 12:39pm CST by Luke Adams

Before NBA teams started reaching trade agreements on Thursday, we published the latest entry in our Hoops Rumors Glossary, focusing on the traded player exception. As we explain in our breakdown, the traded player exception can allow over-the-cap teams to receive more salary than they send out in “simultaneous” trades.

The more common form of traded player exception is the one generated in a “non-simultaneous” trade, when a team send out a single player and takes back less salary – or none at all – in return. The team then has one calendar year to use that newly-created exception to acquire one or more players whose salaries fit into that exception.

For instance, the Raptors created a $11,800,000 trade exception in last July’s DeMarre Carroll trade with the Nets, meaning that on Thursday they could have acquired a player earning, say, $11MM without sending out any salary in return.

Not many teams took advantage of their outstanding trade exceptions on Thursday, but at least a couple teams appear to have completed trades with previously existing trade exceptions, or with disabled player exceptions. Nearly every trade completed on Thursday also generated at least one new trade exception, so we’ll round up those newly-created TPEs below.

With the help of tweets from cap experts Albert Nahmad and Bobby Marks, along with information from RealGM’s official transactions log, here’s a breakdown of the new TPEs, sorted by value. Not all of these exceptions have been confirmed with 100% certainty, but this is what we believe they’ll look like. These TPEs will expire if they’re not used by February 8, 2019:

Our list of outstanding traded player exceptions has been updated, and will be adjusted if necessary once we’re able to confirm all the TPEs listed above.

If you have any corrections or questions, please let us know in the comment section.

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Magic Trade Elfrid Payton To Suns

February 8th, 2018 at 8:21pm CST by Arthur Hill

8:41pm: The Magic have officially traded Payton to the Suns, the team announced in a press release. Phoenix waived Isaiah Canaan in order to clear a roster spot for Payton.Elfrid Payton vertical

2:52pm: Josh Robbins of The Orlando Sentinel clarifies (via Twitter) that the second-round pick the Magic receive in the deal will actually be the second-most favorable of the Grizzlies’, Hornets’, and Heat’s 2018 second-rounders. For now, that would be the Charlotte pick.

1:58pm: The Magic and Suns have agreed to a trade, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that the teams will swap point guard Elfrid Payton for a second-round pick. That pick will be the Grizzlies’ 2018 second-rounder, tweets John Gambadoro of Arizona Sports 98.7.

The deal signals a new start for Payton, who is headed for restricted free agency this summer. His streaky shooting and problems on defense made him expendable, especially as a new regime took over in Orlando’s front office. Payton was having a fine statistical season, averaging 13.0 points, 6.3 assists and 4.0 rebounds per game, but the Magic still aren’t winning and the organization decided to go in a different direction.

He will get a chance to revive his career with the Suns, who have been looking for a new point guard since trading Eric Bledsoe to Milwaukee. Phoenix lost Isaiah Canaan to a broken ankle at the end of January and was down to just one healthy point guard on its roster. The addition of Payton allows Devin Booker to move back to his natural position of shooting guard, adds Scott Bordow of The Arizona Republic (Twitter link).

The Suns reached the salary floor with the move and have $6.9MM in cap space remaining, posts Bobby Marks on ESPN Now. Payton will carry a cap hit of $3.3MM and will be restricted this summer if Phoenix tenders a $4.8MM qualifying offer as expected.

Photo courtesy of USA Today Sports Images.

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