Heat Rumors

Details On Heat's 2019/20 Tax Bill, 2020/21 Cap Room

The Trail Blazers, Heat, and Thunder all reduced their projected end-of-season tax bills with their moves leading up to the trade deadline, while the Rockets and Warriors got out of tax territory altogether. The Timberwolves ended up sneaking slightly over the tax line as a result of the D’Angelo Russell trade, but the league-wide tax penalties for 2019/20 will be very modest overall, as ESPN’s Bobby Marks notes (via Twitter).

According to Marks’ calculations, the Trail Blazers will have the highest bill, at around $5.94MM, followed by the Heat ($2.96MM), Thunder ($2MM), and Timberwolves ($1.34MM). If those numbers don’t change between now and the end of the regular season, it would mean the league’s other 26 teams receive approximately $236K apiece in tax distribution, which would be the lowest mark in league history, according to Marks.

  • The Hawks, Knicks, and Pistons project to have more than enough cap room for a maximum-salary player this summer, with the Heat and Hornets potentially joining them, says John Hollinger of The Athletic. As Hollinger observes in his preview of the NBA’s 2020 cap outlook, there are several other teams that could create some cap room if free agents walk or players turn down options, but there won’t be much league-wide space this offseason.

Cavs Notes: Drummond, Sexton, McKinnie, Bolden

Heading into the trade deadline, no Pistons player had been with the team longer than Reggie Jackson — except for Andre Drummond. So when Detroit swung a deal that sent Drummond to the Cavaliers, it made sense that Jackson would be among those most affected by the move.

“He was my best friend on the team and it’s been like that for five-and-a-half years. He acclimated me when I first got to Detroit and we built a great friendship and brotherhood,” Jackson said of Drummond, per Rod Beard of The Detroit News. “That’s my guy forever, so it was a tough day seeing he got traded to the Cavs but wishing him nothing but the best for him and his family.”

As Drummond gets acclimated to his new home in Cleveland, here are a few more Cavaliers-related notes:

  • Second-year Cavs guard Collin Sexton has been added to the U.S. roster for the Rising Stars game in Chicago this weekend, the league announced today. Sexton will replace Heat guard Tyler Herro, who is nursing a right foot injury.
  • Alfonzo McKinnie‘s new four-year contract with the Cavaliers includes a $1.5MM guaranteed salary for the 2019/20 season, according to Jeff Siegel of Early Bird Rights (Twitter link). That’s significantly more than the $623K McKinnie would have received had he signed a prorated minimum deal. And that’s likely a big reason why he was willing to tack on three team-friendly, non-guaranteed years at the minimum. Cleveland was able to exceed the minimum and go up to four years using the mid-level exception.
  • Following the expiration of his 10-day contract with the Cavaliers, Marques Bolden rejoined the team’s G League affiliate, the Canton Charge, per JD Shaw of Hoops Rumors (Twitter link). Since Bolden just signed a single 10-day deal with Cleveland, he’d be eligible to sign a second one between now and the end of the regular season.

Forbes Releases 2020 NBA Franchise Valuations

The Knicks have had a miserable 12 months, finishing the 2018/19 season with a league-worst 17 wins, missing out on their top free agent targets, and then firing head coach David Fizdale and president of basketball operations Steve Mills during the 2019/20 season.

None of that seems to have had a noticeable impact on the team’s market value though. Once again, the franchise is considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen of Forbes. The Lakers and Warriors aren’t far behind, having both surpassed the $4 billion mark for the first time this year.

For the first time, all 30 NBA teams have a perceived worth of $1.3 billion or more, per Forbes’ annual report. Every team’s value increased by at least 6% since Forbes put out their 2019 valuations last February, with a handful of franchises jumping by 20% or more.

The NBA-wide average of $2.12 billion per team in 2020 is also a new record — that league-wide average surpassed the $2 billion mark for the first time. NBA franchise values are up almost sixfold over the last decade, according to Badenhausen.

Here’s the full list of NBA franchise valuations, per Forbes:

  1. New York Knicks: $4.6 billion
  2. Los Angeles Lakers: $4.4 billion
  3. Golden State Warriors: $4.3 billion
  4. Chicago Bulls: $3.2 billion
  5. Boston Celtics: $3.1 billion
  6. Los Angeles Clippers: $2.6 billion
  7. Brooklyn Nets: $2.5 billion
  8. Houston Rockets: $2.475 billion
  9. Dallas Mavericks: $2.4 billion
  10. Toronto Raptors: $2.1 billion
  11. Philadelphia 76ers: $2 billion
  12. Miami Heat: $1.95 billion
  13. Portland Trail Blazers: $1.85 billion
  14. San Antonio Spurs: $1.8 billion
  15. Sacramento Kings: $1.775 billion
  16. Washington Wizards: $1.75 billion
  17. Phoenix Suns: $1.625 billion
  18. Denver Nuggets: $1.6 billion
  19. Milwaukee Bucks: $1.58 billion
  20. Oklahoma City Thunder: $1.575 billion
  21. Utah Jazz: $1.55 billion
  22. Indiana Pacers: $1.525 billion
  23. Atlanta Hawks: $1.52 billion
  24. Cleveland Cavaliers: $1.51 billion
  25. Charlotte Hornets: $1.5 billion
  26. Detroit Pistons: $1.45 billion
  27. Orlando Magic: $1.43 billion
  28. Minnesota Timberwolves: $1.375 billion
  29. New Orleans Pelicans: $1.35 billion
  30. Memphis Grizzlies: $1.3 billion

The Raptors are among this year’s big “winners,” with their value rising 25%, from $1.675 billion a year ago to $2.1 billion this year following their first NBA championship. The Clippers also had a noteworthy bump, moving from ninth place on Forbes’ list to sixth after landing Kawhi Leonard and Paul George last summer.

Although every franchise’s value increased, the Nets had the smallest jump, just 6%. The Magic‘s modest 8% increase resulted in the team slipping from 23rd on last year’s list to 27th this year.

It’s worth noting that when a franchise has been sold in recent years, the price often exceeds Forbes’ valuation, so these figures are just estimates.

Latest On Joel Embiid, Sixers

Things have felt a little off in Philadelphia this season. Widely considered a top-two team in the Eastern Conference entering the season, the fifth-seeded Sixers have fallen short of those expectations so far and have struggled to smoothly incorporate major offseason signee Al Horford.

Franchise center Joel Embiid hasn’t been immune to the ups and downs of the 76ers’ season, having spoken last week about wanting to “get back to the fun Joel.” On Sunday, when Philadelphia hosted the Bulls, Embiid heard some boos from fans during pre-game intros and later appeared to shush the home crowd and say “Shut the f–k up” after hitting a dagger three in the fourth quarter (video link via Michael Lee of The Athletic).

Embiid, who claimed after the game that his comment was aimed at himself and not Philadelphia fans, said he didn’t care how it looked, adding that he wants to get back to being a “good a–hole.” On Monday, he posted an Instagram photo of that shushing moment, accompanied by the caption, You either die a hero or live long enough to see yourself become the villain.”

Not content to leave it at that, Embiid later exchanged comments with Heat swingman Jimmy Butler, who replied to his former teammate’s Instagram post with the message, “I know a place where villains are welcome,” an apparent reference to Miami. Embiid’s response? “Damn right my brother.” (hat tip to Bleacher Report).

It’s premature to read too much into Embiid’s on-court actions on Sunday and his social media posts after the game. Considering the way the 76ers’ season has played out, the big man was probably just letting out some frustration and then engaging in some light trolling. He published a tweet later on Monday night reasserting his commitment to Philadelphia.

Still, given the ongoing drama, this is a situation worth keeping an eye on. When the Sixers were eliminated in the second round of the playoffs last spring, head coach Brett Brown‘s job security seemed tenuous, and if the team doesn’t advance even further in this year’s postseason, changes of some kind are probably coming.

A head coaching change and/or secondary roster moves are much more likely than anything drastic involving Embiid or Ben Simmons, but teams around the NBA are monitoring the situation. ESPN’s Brian Windhorst said on his podcast this week (hat tip to RealGM) that rival executives have started to openly wonder whether the Sixers would consider moving Embiid. As Windhorst acknowledged, that’s an extremely unlikely scenario, but it’s notable that execs don’t believe it’s an impossibility.

“My point is people are talking about that,” Windhorst said, per RealGM. “I don’t think they would do that without making an adjustment to the head coach. It’s such a radical thing. But the fact that we’re in mid-February and the people who work in the league, who have to prepare in advance, are mulling over Joel Embiid potentially coming to market, whether that’s true or not… I mean, (Sixers owner) Josh Harris can come on this podcast and deny it if he wants, but the fact people are talking about it, is not good. It’s a symptom of where they are.”

Heat Assign KZ Okpala

Heat Notes: Iguodala, Williams, Winslow, Olynyk

As Andre Iguodala remained in limbo for months in Memphis, rumors swirled about where he’d eventually land. When he spoke to Iguodala following his trade to Miami, Sam Amick of The Athletic pointed out that teams like the Lakers, Clippers, and Rockets were mentioned more often than the Heat as possible destinations. However, the veteran forward told Amick he was impressed by what he’d seen from the Heat this season.

“I watched them on TV a few times, and they’d been doing so well that they’re on everybody’s radar,” Iguodala said. “Like, ‘Man, these boys can play.’ They’re disciplined, they’re playing the right way, the DNA that’s in the organization, and how they drive the DNA and all the players who come through their system, from seasoned guys to young guys to undrafted guys and all the picks. They’re doing a good job with developing their players.”

A report leading up to the trade deadline suggested that Iguodala may decide to sit out the rest of the season if he wasn’t sent to one of his preferred landing spots, and it wasn’t clear that Miami was on that list. The 36-year-old didn’t confirm one way or the other whether he had to be talked into joining the Heat, but did say that a conversation with team president Pat Riley made him enthusiastic about the move.

“It’s just really getting you excited to play basketball, and getting you excited about what you’re going to do and what you’re bringing to the table,” Iguodala told Amick. “And when someone tells you that this is what you do, and this is what we’ve seen you do historically, and this is what we want you to do for us, it’s like, ‘Man, I can’t wait to do that.’ So that’s always good.”

Here’s more on the Heat:

  • What can Iguodala bring to the Heat? Anthony Chiang of The Miami Herald passes along thoughts from Riley, Erik Spoelstra, Kelly Olynyk, Udonis Haslem, and Jimmy Butler on that subject.
  • The Heat were among several teams to inquire on forward Marvin Williams when he was bought out by Charlotte on Friday, according to Barry Jackson of The Miami Herald. Although Miami missed out on Williams, the team still could be active on the buyout market. Riley said on Friday that the team wouldn’t mind adding a frontcourt player to help with rim protection, if possible.
  • One Heat official told Jackson that Justise Winslow had hoped to have a more prominent role and be one of the faces of the franchise in Miami. Winslow may have more of an opportunity to get that kind of role in Memphis, once he gets healthy.
  • After trading Dion Waiters and James Johnson last week, the Heat can get up to about $27MM in cap room this summer. That number would increase even further if Olynyk declines his $13.2MM player option, as Ira Winderman of The South Florida Sun Sentinel writes. Olynyk hasn’t made that decision yet, suggesting he’ll have to weigh a handful of factors this spring. “I think it’s an accumulation of everything,” he said. “I mean, obviously you want to play. You want to win. You want to get paid. So, yeah, it’s like an accumulation of everything.”

USA Basketball Announces 44 Finalists For 2020 Olympic Roster

USA Basketball has formally announced a preliminary group of 44 players who are candidates to be part of the program’s roster for the 2020 Olympics in Tokyo.

The final roster will only consist of 12 players, so most of these finalists won’t actually play for Team USA at the Olympics. Some will likely withdraw from consideration, while others simply won’t make the final cut. However, these players have all expressed interest in being involved in the process.

“This is the first step in USA Basketball identifying the 12 players who will represent the United States as members of the 2020 U.S. Olympic Men’s Basketball Team in Tokyo,” said USA Basketball managing director Jerry Colangelo.

“… Over the course of the remainder of the NBA season we’ll continue to monitor all of the athletes. Selecting the 12-man USA roster will obviously be an extremely challenging and difficult process, and we will again attempt to select the very best team possible to represent our country and who we hope will be successful in our difficult mission of repeating as Olympic champions for a fourth consecutive Olympics.”

Although the U.S. men’s team has won three consecutive Olympic gold medals, the program had a disappointing showing at last year’s World Cup, finishing in seventh place. Team USA will be looking for a bounce-back performance in Tokyo this summer, with many players from that World Cup squad among the 44 finalists announced today.

Here’s the full list of players who are candidates to play for Team USA at the 2020 Olympics:

  1. Bam Adebayo (Heat)
  2. LaMarcus Aldridge (Spurs)
  3. Harrison Barnes (Kings)
  4. Bradley Beal (Wizards)
  5. Devin Booker (Suns)
  6. Malcolm Brogdon (Pacers)
  7. Jaylen Brown (Celtics)
  8. Jimmy Butler (Heat)
  9. Mike Conley (Jazz)
  10. Stephen Curry (Warriors)
  11. Anthony Davis (Lakers)
  12. DeMar DeRozan (Spurs)
  13. Andre Drummond (Cavaliers)
  14. Kevin Durant (Nets)
  15. Paul George (Clippers)
  16. Draymond Green (Warriors)
  17. James Harden (Rockets)
  18. Montrezl Harrell (Clippers)
  19. Joe Harris (Nets)
  20. Tobias Harris (76ers)
  21. Gordon Hayward (Celtics)
  22. Dwight Howard (Lakers)
  23. Brandon Ingram (Pelicans)
  24. Kyrie Irving (Nets)
  25. LeBron James (Lakers)
  26. Kyle Kuzma (Lakers)
  27. Kawhi Leonard (Clippers)
  28. Damian Lillard (Blazers)
  29. Brook Lopez (Bucks)
  30. Kevin Love (Cavaliers)
  31. Kyle Lowry (Raptors)
  32. JaVale McGee (Lakers)
  33. Khris Middleton (Bucks)
  34. Donovan Mitchell (Jazz)
  35. Victor Oladipo (Pacers)
  36. Chris Paul (Thunder)
  37. Mason Plumlee (Nuggets)
  38. Marcus Smart (Celtics)
  39. Jayson Tatum (Celtics)
  40. Klay Thompson (Warriors)
  41. Myles Turner (Pacers)
  42. Kemba Walker (Celtics)
  43. Russell Westbrook (Rockets)
  44. Derrick White (Spurs)

Scotto’s Latest: Gallinari, Nunn, Pacers, Nuggets, More

When the Thunder and Heat discussed a potential Danilo Gallinari trade leading up to last week’s deadline, James Johnson, Kelly Olynyk, Kendrick Nunn, and draft compensation were among the various assets that came up in talks, league sources tell Michael Scotto of Bleacher Report. Miami reportedly wanted to extend Gallinari’s contract as part of a deal, but couldn’t agree to terms with his camp, which is one main reason the trade didn’t happen.

ESPN’s Zach Lowe wrote last week that he believed the Heat could’ve acquired Gallinari without surrendering any of their young players like Nunn. So even though his name came up in discussions, that doesn’t necessarily mean the Thunder would have insisted on his inclusion, depending on what other pieces were involved.

While Gallinari remained with the Thunder for this season, Scotto suggests the Heat and Knicks could be among his potential suitors this summer. Miami clearly has interest, and created some cap flexibility for 2020/21 by moving Johnson and Dion Waiters last week. New York, meanwhile, will have cap space and is hiring veteran CAA agent Leon Rose as its new president of basketball operations. Gallinari is a CAA client.

Here are a few more noteworthy tidbits from Scotto’s look at the post-deadline landscape:

  • The Knicks and Pacers discussed a possible Marcus Morris trade. According to Scotto, a package that featured Aaron Holiday, Doug McDermott, and T.J. Leaf was “briefly kicked around,” but didn’t end up going far.
  • McDermott’s name also came up in discussions about a potential Pacers trade with the Bucks involving Ersan Ilyasova, says Scotto. It’s not known which team initiated those talks.
  • Before the Cavaliers traded for Andre Drummond, they called the Pacers to ask about Myles Turner‘s availability, per Scotto. Indiana has remained firm on keeping Turner, though many executives expect the team to eventually break up its Turner/Domantas Sabonis frontcourt.
  • The Nuggets discussed the possibility of trading Gary Harris, Malik Beasley, and Juan Hernangomez as part of a package for Bulls guard Zach LaVine or Pelicans guard Jrue Holiday, sources tell Scotto. New Orleans set a very high asking price for Holiday, while LaVine was said to be “off-limits” for Chicago, so Denver didn’t get far on either front.

And-Ones: Free Agency, Goodwin, Robinson, Brown

An active 2020 trade deadline has likely watered down the free-agent market this summer, a pattern far from the norm after a combined $4 billion was spent on more than 150 players last July, Bobby Marks of ESPN.com explores.

There were a total of 12 trades within the 48-hour window of the trade deadline this year, with high-profile players such as D’Angelo Russell, Andre Drummond, Andrew Wiggins and Clint Capela switching teams.

As Marks notes, the 2020 free agency class is projected to be mediocre for the most part. The Knicks could have upwards of $50MM to spend (though they’ll likely wait until the following summer for stronger talent), with the Hawks, Pistons, Hornets, Suns, and Heat also set to have north of $20MM.

Beyond Anthony Davis, some of the top unrestricted free agents this summer include Fred VanVleet, Montrezl Harrell, Danilo Gallinari and Serge Ibaka. Drummond ($28.7MM), DeMar DeRozan ($27.7MM) and Evan Fournier ($17MM) all have player options in their contracts, while Brandon Ingram and Bogdan Bogdanovic are set to enter restricted free agency.

Here are some other odds and ends from around the basketball world:

  • Free agent guard Archie Goodwin has signed in Germany with Ratiopharm Ulm, the team announced, as relayed by Sportando. Goodwin, 25, holds NBA experience with the Suns, Pelicans and Nets, most recently playing in Turkey. Goodwin was drafted with the No. 29 overall pick by Oklahoma City back in 2013.
  • Former NBA forward Thomas Robinson has signed in Russia with BC Khimki, the team announced on social media. Robinson signed a one-month deal with an extension until the end of the season. The 28-year-old has played for Sacramento, Houston, Portland, Philadelphia, Brooklyn and Los Angeles across his professional career, spending time with the Spurs during summer league in 2019.
  • Warriors associate head coach Mike Brown has agreed to be the head coach of the Nigerian men’s basketball team, according to Marc J. Spears of ESPN’s The Undefeated (Twitter link). Brown will coach Nigeria during the 2020 Tokyo Olympics this summer, with Nigeria BB president Musa Kida reportedly looking for a high-profile coach that holds NBA experience.

23 Trade Exceptions Generated In Deadline Deals

As we explain in our glossary entry on the NBA’s trade rules, teams that complete a “non-simultaneous” deal can create what’s called a traded player exception. These are salary cap exceptions a team can use anytime during the following calendar year to acquire one or more players whose salaries are no greater than the amount of that exception (plus $100K).

A number of the traded player exceptions created at the 2019 trade deadline expired this week without being used, but nearly two dozen new TPEs were generated as a result of the trades completed at this year’s deadline. They’ll expire next February, so they could be used during the offseason or sometime next season.

The full list of traded player exceptions created this week is below, sorted by amount. The player whose departure helped generate the TPE is noted in parentheses. The full list of available trade exceptions can be found right here.

In addition to the traded player exceptions from the deals completed on February 6, this list includes the exceptions created on February 5 in the four-team trade involving the Hawks, Timberwolves, Rockets, and Nuggets.

It doesn’t include trade exceptions generated in deals earlier this season, such as the $7,069,662 TPE the Trail Blazers got when they sent Kent Bazemore to Sacramento in a five-player trade. Again, the full list of current TPEs can be found here.

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

Salary information from Basketball Insiders and Early Bird Rights was used in the creation of this post.