Heat Rumors

Eastern Notes: Iverson, Anthony, Thibodeau

The big news of the night was the Sixers officially retiring Allen Iverson‘s #3 during a halftime ceremony at tonight’s contest with the Wizards. Iverson had officially announced his retirement back in October. He averaged 26.7 PPG and 6.2 APG in 914 career regular-season games, and scored 29.7 PPG in 71 career playoff games. Iverson, who also saw action with the Nuggets, Pistons, and Grizzlies, was an 11-time All-Star, a four-time scoring champion, a three-time member of the All-NBA First Team, and won the MVP award in 2001. Congrats go out to A.I..

More from around the Eastern Conference:

  • Gary Neal is overjoyed at the trade that sent him to the Bobcats, writes Dan McCarney of MySanAntonio.com. Neal told McCarney that he got on the first available plane out of the city, as he wasn’t fond of how he was utilized in Milwaukee, nor about the direction of the franchise. Neal stated, “I’m excited to be playing meaningful basketball again. After three years of being with the Spurs, with every possession of every game counting I’m just glad to being back to that. I’m a little too old for the tanking situation.”
  • Jay Yeomans of the Deseret News analyzes how Jimmer Fredette fits in with the Bulls, who he is rumored to have reached an agreement with earlier today.
  • With free-agency right around the corner, Carmelo Anthony must be taking notice of how much has gone wrong with the Knicks, writes Al Iannazzone of Newsday.
  • If ‘Melo is really committed to winning, then he should follow the example of Miami’s “Big-Three”, writes Moke Hamilton of SNY.tv. LeBron James, Dwyane Wade, and Chris Bosh all took less to fit in under the salary cap, and Anthony should consider that before signing his next contract, opines Hamilton. It will be the only way for him to bring other star players to New York.
  • The Knicks might attempt to acquire Bulls coach Tom Thibodeau after the season if they let go of Mike Woodson. Marc Berman of the New York Post looks at why the Knicks should try, the probability of the Bulls letting him go, and what it might cost.
  • Tom Moore of Calkins Media looks at what Sixers GM Sam Hinkie can do with the five second-round picks the team has in this year’s draft.
  • Metta World Peace has interest in joining the Pistons, according to his brother, writes Marc Berman of the New York Post.

Luke Adams contributed to this post.

Caron Butler Signs With Thunder

The Thunder have signed Caron Butler, the team announced. The Raymond Brothers client spurns the Heat, who had been co-favorites with Oklahoma City. The Bulls, Spurs and Rockets were also in contention for the 12th-year veteran. The deal covers the rest of the season, and perhaps there’s a player option for 2014/15, as Glen Davis recently reNBA: Milwaukee Bucks at Orlando Magicceived from the Clippers.

We are pleased to welcome Caron Butler to the Thunder organization and to Oklahoma City,” GM Sam Presti said. “Caron represents what we look for in a Thunder player and will positively impact our team. His toughness. hard-nosed defense, resiliency and highly regarded professionalism will only enhance our depth and bring additional versatility to the roster.”

Oklahoma City had reportedly been seeking a two-way wing player before the trade deadline, and were willing to give up their own 2014 first-round pick to acquire Iman Shumpert from the Knicks. New York turned the Thunder down, and while Butler isn’t quite the defensive presence that Shumpert is, the Thunder appear to be better off, particularly since they’ll get to keep their draft pick and they’re likely making only a minimum-salary investment. Oklahoma City had been carrying just 13 players, so the team didn’t have to make a corresponding move.

Butler, who turns 34 in March, has been enduring one of his worst shooting seasons, connecting on just 38.7% of his shots. He’s still making 36.1% of his three-point attempts, and he averaged 11.0 points in 24.1 minutes per game for Milwaukee, which is close to his native Racine, Wisconsin. Butler’s homecoming this season to the league-worst Bucks was no fairy tale, and the team made him a part of trade talks before agreeing to a buyout this week. It’s unclear how much of this season’s $8MM salary he gave up to pry his way out his contract, which was set to end this summer.

The two-time All-Star goes from the bottom of the Eastern Conference standings to the top of the West with Oklahoma City, which figures to make Butler the backup to Kevin Durant and use them together in small-ball lineups. The early end of OKC’s pursuit of Danny Granger, who wound up picking the Clippers late Thursday night, reportedly led executives around the league to believe the Thunder were confident about their ability to land Butler. Miami had seemed like a natural fit, since the Heat made Butler the 10th overall pick in the 2002 draft, and he played his first two seasons with the team, developing a close relationship with Dwyane Wade, the godfather of one of Butler’s daughters.

Eddie Scarito contributed to this post. Photo courtesy of USA Today Sports Images. Adrian Wojnarowski of Yahoo! Sports first reported the agreement, noting that it covered the rest of the season.

Odds & Ends: Nowitzki, Colangelo, Fredette

Rockets GM Daryl Morey said today that he asked Mark Cuban about acquiring Dirk Nowitzki this summer out of fears the Warriors would keep Dwight Howard from coming to Houston, according to ESPN (Twitter link). Cuban didn’t realize Howard hadn’t committed to the Rockets, and interpreted the proposal as a taunt over the Mavs‘ failed pursuit of Howard. Morey made his remarks at the Sloan Sports Analytics Conference, and we’ve got more from that meeting of the minds as we pass along the latest from the NBA:

  • Former Raptors and Suns GM Bryan Colangelo admitted that he attempted to tank a few seasons ago, tweets Jeff Goodman of ESPN.com. Presumably, that happened during his Raptors tenure.
  • Jimmer Fredette piqued the interest of the Celtics, but it “wasn’t a good fit for either side,” as president of basketball operations Danny Ainge told reporters today, including Gary Washburn of the Boston Globe (Twitter link).
  • The Timberwolves have no interest in Fredette for “myriad reasons,” according to Darren Wolfson of 1500 ESPN Twin Cities (Twitter link).
  • Some within the Lakers organization wanted to retain Pau Gasol through the trade deadline to keep his Bird Rights, but Gasol writes in his blog that L.A.’s financial advantage to re-sign him won’t play into his decision (translation via HoopsHype). The 7-footer says he wants to go where he can help a team win a title, but he’s not ruling out a return to the Lakers.
  • Caron Butler‘s role on the Heat would have been similar to the one Mike Miller played in recent years, and part of his decision to instead join the Thunder centered on the chance for more playing time, notes Ira Winderman of the Sun Sentinel (Twitter links).
  • The top half of the lottery picks in this year’s draft will be a star-studded bunch, but there are still other potential franchise-changing players in the mix, writes Zach Harper of CBSSports.com, who examines five potential steals.

Heat Stars Not Planning Hometown Discounts?

LeBron James, Chris Bosh and Dwyane Wade aren’t going to be “sacrificing millions for the good of the team,” a source tells Mitch Lawrence of the New York Daily News. All three have early termination options on their contracts that they can exercise at season’s end, and it appears they’ll seek the highest paydays possible after signing for less than the maximum salaries they all could have commanded in 2010.

James would no doubt become the most sought-after free agent on the market if he opts out, though he’s given no indication about whether he’ll do so, nor has he suggested that any team would be the favorite to sign him. Similarly, no such hints have come from Bosh, who should also warrant maximum-salary offers if he were to become a free agent, or Wade, whose age (32) and knee troubles would make him the least desirable of the three.

All three could make the most money over the next two seasons by remaining under their current deals, which run though 2015/16. James and Bosh are set to make $20.59MM each in 2014/15, with Wade slated for $20.164MM. If they opt out, the maximum that James and Bosh could make as a starting salary in a new deal, whether with Miami or another club, would be $20,020,875, or 105% of their current salaries. The max for Wade would be $19,606,650. It’s conceivable that the NBA’s maximum salary could rise high enough to make it somewhat more lucrative for all three to sign new contracts, but that won’t be determined until after the July Moratorium, past the deadline for the trio of stars to decide on their early termination options.

Still, they could guarantee themselves a greater sum of money over the long-term if they opted out and signed new four- or five-year contracts. The Heat stars took less than the max in 2010 to join up, with Wade, then still in the prime of his career, making the largest sacrifice. James, Wade and Bosh were all clients of the Creative Artists Agency at the time, but James has since left to join longtime friend Rich Paul of the Klutch Sports Group. If the three stars opt in and rejoin the Heat next season, each has another opportunity to get out of their respective deals via player option in the summer of 2015.

Miami has Bird Rights with all three, allowing the team to exceed the salary cap to re-sign them. The issue for the Heat, as it has been over the past few years, would be figuring out how to maintain a championship-caliber roster around their stars, particularly if Wade’s health continues to decline. The Heat have recently convinced several others to take discounts, but they’ve nonetheless paid the luxury tax the past two seasons, and are set to do so again. The tax penalties will become much greater next season, when repeat offender tax rates kick in.

Bucks Waive Caron Butler In Buyout Deal

4:43pm: The Bucks have officially waived Butler, the team announced. There’s no mention of a buyout arrangement in the statement, but presumably that’s what took place. He’s set to become a free agent on Saturday.

3:56pm: A source tells Charles F. Gardner of the Journal Sentinel that Butler’s parting of ways with the Bucks is official, and Ramona Shelburne of ESPNLosAngeles.com hears he’ll be placed on waivers today (Twitter links). Still, there’s been no official announcement from the team.

8:01am: Caron Butler and the Bucks have reached agreement on a buyout, reports Adrian Wojnarowski of Yahoo! Sports, who casts the Thunder and Heat as the favorites to sign the small forward once he clears waivers. The Bulls and Spurs are also in the running, according to Wojnarowski (Twitter links). Butler will hit waivers once Milwaukee makes the move official, and presumably will become a free agent 48 hours later.

The Heat appeared to be the front runners for their former lottery pick when news broke earlier this week that Butler and the Bucks were talking about a buyout, but it appears they have strong competition from Oklahoma City. The Spurs have also previously been linked to Butler, but the Bulls appear to be a newcomer to the pursuit.

The 33-year-old Butler was in trade chatter leading up to the deadline, and while one report indicated the Bucks would be reluctant to give up the Wisconsin native, another suggested the team was ready to part ways, either via trade or buyout. Milwaukee acquired Butler in a trade with the Suns in the offseason, though he never played for Phoenix, which traded for him earlier in the summer in a deal with the Clippers. Butler’s expiring contract calls for him to make $8MM this season, though it’s unclear how much of that the Raymond Brothers client is giving up in the buyout.

Buyout Rumors: Bulls, Granger, Butler

The Bulls don’t believe adding a 13th guaranteed contract at this point will push the team into the luxury tax, according to K.C. Johnson of the Chicago Tribune. I examined last month how the team’s proximity to the tax could affect its roster, and Mark Deeks of ShamSports did the same, noting how a bonus for Taj Gibson could push the team over the tax line. Deeks tweeted recently that the Bulls couldn’t sign anyone for the rest of the season until April 3rd, but judging from reports linking them to Jimmer Fredette, Danny Granger and Caron Butler, it appears they don’t have to wait that long. Here’s more on a bustling post-deadline market:

  • Granger is having phone conversations today with the Spurs, Heat, Rockets, Clippers and Bulls, tweets Marc J. Spears of Yahoo! Sports. Those are the teams that TNT’s David Aldridge identified Wednesday as Granger’s preferred destinations.
  • Deeks clarifies that the Bulls can sign two players for the rest of the season today and stay out of the tax if they’re confident Gibson won’t make an All-Defensive Team and trigger the bonus clause in his contract. If they wanted to play it safe in case Gibson does earn such an honor, they’d have to wait until April 3rd to hand out any contract for the rest of the season (Twitter links).

Earlier updates:

Sixers Reach Buyout Deal With Danny Granger

10:38pm: Granger’s representatives were present at the Clippers/Rockets game to meet with Los Angeles officials, per Shelburne (Twitter link). Shelburne adds that the Rockets’ push to sign Granger could have something to do with the appearance.

5:05pm: Stein and ESPN.com colleague Ramona Shelburne suggest in their full story that the Clippers are the favorites, and add that Granger is seeking a championship contender as well as playing time.

4:09pm: The Sixers and Danny Granger have reached agreement on a buyout, the team has announced, and Philadelphia has placed the 30-year-old on waivers. David Aldridge of NBA.com first reported the news. The Clippers have emerged as front runners for Granger, writes Adrian Wojnarowski of Yahoo! Sports. Aldridge names the Clippers, Rockets, Bulls, Heat and Spurs as Granger’s preferred destinations, reiterating his report from earlier today. Marc Stein of ESPN.com casts it as a battle between the Clippers and the Spurs (Twitter link).

“Given Danny’s future goals and his desire to pursue them, we worked to fulfill his requests and have come to a resolution that we feel is mutually beneficial to both Danny and our organization,” Sixers GM Sam Hinkie said in a statement. “We wish Danny the best in the next phase of his career.”

The Pacers traded Granger to the Sixers at the deadline, but Granger was upset upon hearing the news. The Sixers hesitated as they pondered retaining the former All-Star for a possible sign-and-trade in the summer, but they wound up acquiescing to his desires. It’s not clear how much money Granger is forfeiting from his more than $14MM salary.

The Creative Artists Agency client figures to be the prize of the buyout market, even though one GM told Sam Amico of Fox Sports Ohio that he thinks the ninth-year veteran is “done” after injuries that have plagued him the last two seasons. Chris Mannix of SI.com reiterates Stein’s report that the Spurs and Clippers are the front runners, having heard that from executives with other clubs (Twitter link).

Bucks, Butler Discussing Buyout

WEDNESDAY, 8:54pm: While progress continues between Butler and the Bucks, it appears the buyout may not be complete until Thursday per C.F. Gardner of The Milwaukee Journal Sentinel (via Twitter).

TUESDAY, 10:47pm: The buyout is scheduled to be completed on Wednesday, leaving ample time for Butler to clear waivers by Friday and retain his playoff eligibility (Marc Stein of ESPN reports). Stein also says the Heat will be at the front of the line to sign their former draft pick and that Butler is expected to verbally commit to a team before clearing waivers.

10:06pm: TNT’s David Aldridge (via Twitter) also confirms the report, adding that many around the league think the Heat will be Butler’s landing spot once he reaches a buyout. The Spurs and Thunder are also said to be interested.

5:54pm: The Bucks and Raymond Brothers, the agent of forward Caron Butlerare in the process of discussing a buyout, tweets Gery Woelfel of the Racine Journal Times. Five days ago, we passed along that Milwaukee may have included Butler’s name in trade discussions with the Bobcats, who ultimately traded for Luke Ridnour and Gary Neal.

Butler was acquired from Phoenix last August, and although the Milwaukee native had originally been excited about his homecoming, there had been rumblings that he eventually became frustrated with his role over the course of the year. Back in September, Bucks GM John Hammond made it clear that the 6’7 swingman was brought in to be a starter and play a significant role. However, Butler had only started in 13 of 34 games this season after starting in 78 for the Clippers during 2012/13.

This year, the former UConn standout is averaging 11.0 PPG and 4.6 RPG while shooting 38.7% from the field and 36.1% from long distance. He is currently in the final season of a three-year, $24MM contract and will turn 34 next month.

Sixers, Granger Nearing Buyout

10:12am: There isn’t quite as much interest in Granger as other reports have suggested, according to Sam Amico of Fox Sports Ohio, who hears from one GM who says that he has no interest at all and that Granger is “done” (Twitter link). Still, I’d be surprised if Granger doesn’t receive multiple attractive offers once a buyout is done.

WEDNESDAY, 7:59am: The buyout should be done today, TNT’s David Aldridge hears, identifying the Clippers, Bulls, Heat, Rockets and Spurs as teams in the hunt for the 30-year-old (Twitter link).

10:55pm: It’s also being said that Granger is weighing all of his options right now, including staying with Philadelphia for the remainder of the season, according to Ramona Shelburne and Marc Stein of ESPN. However, if Granger should complete a buyout soon enough, Stein tweets that the Spurs and Clippers will be in a two-team race for his services.

TUESDAY, 4:35pm: Granger appears to be limiting his interest to realistic title contenders, rather than mere playoff teams, tweets TNT’s David Aldridge.

MONDAY, 6:30pm: Coach Brett Brown told reporters, including Dei Lynam of CSNPhilly.com (on Twitter), that the club might have an announcement regarding Granger in the next 24 hours.  There’s no nameplate on Granger’s locker and he won’t be in action for tonight’s game against the Bucks.

SATURDAY, 12:06pm: League sources tell Charania that Granger would likely choose between the Heat, Clippers, Bulls, Spurs, and Mavs as a free agent should the buyout happen (Twitter link).

11:55am: In initial discussions regarding a buyout for recently acquired Danny Granger, the Sixers have been cooperative with the shooting guard, a league source tells RealGM.com’s Shams Charania (via Twitter).

Despite reports that Granger was unhappy with being traded and immediately wanted a buyout, it appears there is no animosity between him and the Sixers organization. Earlier in the day, Adrian Wojnarowski of Yahoo! Sports reported that Granger was undergoing a team physical, but adds that the physical does not mean that the former All-Star isn’t interested in a buyout (Twitter links).

Granger was traded to the Sixers from the Pacers at the trade deadline after spending the first eight-plus years of his career in Indiana. A knee injury has limited Granger’s athleticism and impact over the last two seasons, when he has been moved to the bench and averaged under 23 minutes and 10 points per game for the first time since his rookie season.

Heat Sign DeAndre Liggins To 10-Day Deal

TUESDAY, 9:35am: The Heat have signed Liggins to a 10-day contract, the team announced.

MONDAY, 8:04am: DeAndre Liggins is “all but gone” to the Heat, a source tells Gino Pilato of D-League Digest (Twitter link). Ira Winderman of the Sun Sentinel heard late Sunday that Miami was strongly considering a signing of the former Magic and Thunder swingman, so it seems the two sides are nearing an agreement. If the Heat and the Henry Thomas client come to terms on a deal that would fill Miami’s open roster spot, it would seem likely that it would be a 10-day arrangement, allowing the team to retain flexibility on the buyout market.

Oklahoma prosecutors recently dropped felony domestic violence charges against Liggins stemming from an incident this past August. They’re expected to refile a single misdemeanor charge. The Thunder waived Liggins the same day the felony charges were filed.

Liggins, now 25, hooked on with the D-League, and the Sioux Falls Skyforce picked him seventh overall in the 2013 D-League draft. He’s averaged 14.5 points, 7.5 rebounds and 4.8 assists in 40.4 minutes per game for the Skyforce, the Heat’s affiliate.