- Bruce Brown (Pistons) and Keita Bates-Diop (Timberwolves) got three-year, minimum-salary deals with two guaranteed seasons from their respective teams (Twitter link).
- 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.
- The Cavaliers had a group in Las Vegas this morning to see free agent wing Treveon Graham work out, league sources tell TNT’s David Aldridge (Twitter link). The Cavs have “strong interest” in Graham, who is drawing interest from the Timberwolves too, says Aldridge.
Second-round pick Keita Bates-Diop has formally signed a contract with the Timberwolves, according to the NBA’s official transactions log. Terms of the deal aren’t yet known.
A forward out of Ohio State, Bates-Diop was viewed as a potential first-round pick in 2018’s draft, but slipped all the way to No. 48, where the Wolves snagged him. The former Buckeye standout was the Big Ten Player of the Year in 2017/18, averaging 19.8 PPG, 8.7 RPG, and 1.6 BPG with a .480/.359/.794 shooting line.
Tom Thibodeau and the Timberwolves don’t typically rely on their bench too heavily, and Bates-Diop may not be ready to contribute right away, so his role figures to be limited during his rookie season. However, he projects as a potential stretch four at the NBA level.
The Wolves are using a portion of their mid-level exception on Anthony Tolliver, but still have plenty of that exception available if they want to use it to lock up Bates-Diop. Without the MLE, Minnesota would only be able to offer a two-year deal, likely at the minimum.
The NBA salary cap is somewhat malleable, with various exceptions allowing every team to surpass the $101.869MM threshold when that room is used up. In some cases, teams blow past not only the cap limit, but the luxury-tax limit as well, with clubs like the Thunder, Warriors, and Nuggets projected to go well beyond that tax line this year.
The NBA doesn’t have a “hard cap” by default, which allows those clubs to build significant payrolls without violating CBA rules. However, there are certain scenarios in which teams can be hard-capped. When a club uses the bi-annual exception, acquires a player via sign-and-trade, or uses more than the taxpayer portion of the mid-level exception, that club will face a hard cap for the remainder of the league year.
When a club becomes hard-capped, its team salary cannot exceed the tax “apron” at any point during the rest of the league year. For the 2018/19 league year, the apron is $129.817MM, approximately $6MM above the $123.733MM tax line.
Based on the agreements reported so far in free agency, it appears that five teams are set to hard-cap themselves for the 2018/19 league year. Here are the details on those teams:
New Orleans Pelicans
When the Pelicans agreed to sign Elfrid Payton to a one-year, $2.7MM deal, we assumed they’d use a portion of their mid-level exception rather than their bi-annual exception, to avoid creating a hard cap. However, the team then reached a two-year agreement worth a reported $18MM with Julius Randle.
It now appears that the Pelicans will sign Randle using their full ($8.641MM) mid-level exception. With Rajon Rondo headed to the Lakers, it’s possible the two teams will arrange some sort of sign-and-trade agreement to allow New Orleans to preserve its MLE, but there’s been no indication so far that that’s in the works. And either way, the Pelicans would become hard-capped.
The projected salaries for Randle and Payton bring the Pelicans’ total team salary to about $112MM. With Rondo and DeMarcus Cousins headed elsewhere, New Orleans likely doesn’t have any other big-money investments coming, so the hard cap shouldn’t be a major issue.
Milwaukee Bucks
The Bucks agreed to a deal with Ersan Ilyasova worth a reported $21MM over three years. The taxpayer mid-level exception would only allow for about $16.8MM over three seasons, so Milwaukee figures to exceed that amount and create a hard cap.
Taking into account Ilyasova’s projected salary, the Bucks are up to almost $108MM in guaranteed team salary. Keeping Brandon Jennings and Tyler Zeller, who have non-guaranteed deals, would increase that number to nearly $112MM. That would leave less than $18MM in breathing room under the hard cap as Milwaukee considers what to do with restricted free agent Jabari Parker.
Minnesota Timberwolves
When word of the Timberwolves‘ agreement with Anthony Tolliver initially surfaced, the one-year deal was said to be worth about $5-6MM. That amount lined up with the taxpayer mid-level exception ($5.337MM), so it made sense that Tolliver would receive that taxpayer MLE. However, subsequent reports said the forward will actually earn $5.75MM, meaning Minnesota will be using the full MLE and will become hard-capped.
Tolliver’s signing isn’t yet official, so it’s possible that final number will look a little different, but if the Wolves’ flexibility this season ends up limited by paying Tolliver an extra $400K, that move will be questioned. For now, Minnesota projects to have a team salary of about $118MM for 11 players, assuming they stretch Cole Aldrich‘s partial guarantee. That should give the Wolves enough room to fill out their roster and stay well below the apron, perhaps even avoiding the tax too.
San Antonio Spurs
Like the Timberwolves, the Spurs appear to have imposed a hard cap on themselves by barely exceeding the taxpayer mid-level exception. A two-year deal using the tax MLE would end up just shy of $11MM, but San Antonio’s reported agreement with Marco Belinelli is for $12MM, suggesting the team will be using its full MLE.
Taking into account new deals for Belinelli and Rudy Gay, the Spurs appear to have a team salary of approximately $108MM. That puts them more than $20MM below the tax apron, so as long as they don’t have to break the bank for restricted free agents Kyle Anderson, Davis Bertans, and Bryn Forbes, they should be fine.
New York Knicks
In order to secure a commitment from Mario Hezonja, the Knicks had to go over the taxpayer mid-level, agreeing to sign the veteran forward for $6.5MM. New York will be using the full MLE, dedicating most or all of the remaining portion to second-rounder Mitchell Robinson.
The hard cap shouldn’t be a factor for the Knicks, who are currently at about $109MM in team salary, and don’t have any other major expenditures planned.
Salary information from Basketball Insiders was used in the creation of this post.
JULY 5, 12:19pm: Terrell’s contract is official, the Wolves announced on Twitter.
JUNE 23, 8:55am: Rhode Island guard Jared Terrell has agreed to a two-way deal with the Timberwolves, the school’s men’s basketball team tweets.
Despite getting passed over on Thursday night, Terrell had attracted Minnesota’s attention during the pre-draft process. Terrell worked out twice for the club.
Terrell was a four-year starter for the Rams and his senior season was his best. The 6’3” Terrell averaged 16.8 PPG, 3.5 RPG, 2.4 APG and 1.5 SPG. His shooting also improved, as he drained 41.4% of his 3-point tries.
Terrell led Rhode Island to the NCAA Tournament, where it defeated Oklahoma and Trae Young in overtime during the first round of the Midwest Region before succumbing to Duke.
- According to Jerry Zgoda of the Star Tribune, Timberwolves’ free-agent signee forward Anthony Tolliver chose a return to Minnesota over four other pursuing teams because of the familiarity he has for the franchise – he played for the Wolves from 2010 to 2012 – and because “(he) want(s) to win.”
JULY 4: The Timberwolves have officially re-signed Rose, the team announced today in a press release. While most signings can’t be finalized until after the July moratorium, deals that use the minimum salary exception are permitted, so Minnesota didn’t have to wait until Friday.
JULY 1: Former MVP Derrick Rose is finalizing a one-year deal to return to the Timberwolves, according to ESPN’s Adrian Wojnarowski (via Twitter). Shams Charania of Yahoo Sports confirms (via Twitter) that the two sides have agreed to a one-year, minimum salary contract.
Since Rose has 10 years of NBA experience, his full salary for 2018/19 figures to be $2,393,887, the minimum for a 10-year veteran.
Rose, 29, is coming off a mostly disappointing season in 2017/18 as he appeared in 25 total games split between the Cavaliers and Timberwolves. Despite starting the year as Cleveland’s starting point guard, injuries — a familiar theme in his career — derailed Rose’s season, and multiple reports suggested he might retire. Instead, the Cavaliers shipped Rose to Utah as part of a three-team deal at the deadline and he was promptly released by the Jazz.
The Timberwolves, anchored by Rose’s former head coach with the Bulls, Tom Thibodeau, brought the veteran aboard in early March for their charge to the postseason. Rose appeared in just nine games with Minnesota, averaging 5.8 PPG in 12,4 minutes per contest. All told, Rose averaged 8.4 PPG and 1.4 APG between Cleveland and Minnesota.
However, Rose showed some life in the postseason as the Timberwolves faced the Rockets in the first round. Coming off the bench, Rose posted double-digits in four of the games, including back-to-back 17-point performances as the Wolves fell to Houston in five games. For the series, Rose averaged 23.6 minutes per game.
While it’s clear that he is far removed from his past MVP form, Rose’s postseason rejuvenation proved he is still a useful role player. Barring any other moves, the veteran will likely back up Jeff Teague along with Tyus Jones.
Photo courtesy of USA Today Sports Images.
All-Stars and former USA Basketball teammates Jimmy Butler and Kyrie Irving are interested in figuring out a way to play together, a league source close to the situation tells Joe Cowley of The Chicago Sun-Times.
Both Butler and Irving were dealt to new teams in 2017 and thrived in those new homes during the 2017/18 season, so neither player is viewed as a trade candidate for the time being. However, both veterans hold player options for the 2019/20 season, meaning they could opt out and reach free agency at the same time a year from now.
Both Irving and Butler are eligible for contract extensions this summer, but are unlikely to sign them. A June report indicated that Irving won’t consider a new deal this offseason, since it wouldn’t make financial sense for the Celtics point guard to do so. Butler is in a similar boat for the Timberwolves, as he has the ability to make significantly more money if he waits for free agency.
Additionally, a league source tells Cowley that Butler has been “all but fed up with the nonchalant attitude of his younger teammates” in Minnesota. Cowley singles out Karl-Anthony Towns as a player who isn’t on the same page as the veteran forward, hinting that Butler’s end-of-season comments to the Sun-Times could have been aimed at KAT and other young teammates.
Butler said in late April that he doesn’t understand “how or why you all don’t love to get better the way that I do” and that he gets “lost in how everybody is not built the way that I’m built.”
This isn’t the first time we’ve heard about unease in Minnesota related to the team’s three stars, Butler, Towns, and Andrew Wiggins. While there’s no indication that the Timberwolves need to take immediate steps to address any tension by moving one of those three players, the frequency of these reports is making it harder to envision them all staying with the franchise long term.
The Timberwolves have signed first-round pick Josh Okogie, the team’s public relations department tweets.
Okogie, who was selected with the No. 20 overall pick, will receive approximately $2.16MM in the first year of his rookie contract. Okogie, a 6’4” shooting guard, departed Georgia Tech after his sophomore year, in which he averaged 18.2 PPG and 6.3 RPG. He turns 20 in September.
He’ll compete for minutes behind starter Jimmy Butler.
The Sixers are interested in veteran free agent guard Jamal Crawford, Keith Pompey of the Philadelphia Inquirer reports. Crawford could fortify a bench that has lost Ersan Ilyasovaand Marco Belinelli since the start of free agency. Crawford, 38, averaged 10.3 PPG in 20.7 MPG for the Timberwolves last season. The Pelicans, Cavaliers, Warriors and Nuggets are also reportedly in the mix for Crawford, who opted out of his contract with Minnesota and left $4.54MM on the table.
In other news regarding the free agent market:
- Unrestricted free agent shooting guard Wayne Ellington has drawn significant interest but he’s viewed as a good bet to re-sign with the Heat, Jordan Schultz of Yahoo Sports tweets. Miami has a cap hold of $8.15MM on Ellington, who appeared in 77 games and averaged 11.2 PPG in 26.5 MPG while shooting 39.2% from long range.
- The Jazz have a strong interest in Nemanja Bjelica, Tony Jones of the Salt Lake Tribune tweets. The Timberwolves pulled their qualifying offer to the power forward in order to sign Anthony Tolliver, thus making Bjelica an unrestricted free agent.
- The Knicks are interested in Alan Williams if he clears waivers, according to Marc Berman of the New York Post. The Suns waived the power forward/center on Monday. The Knicks have also reached out to free agent power forwards Amir Johnson and Trevor Booker, Berman adds.
- Williams hasn’t ruled out a return to the Suns but his agent has already heard from a handful of teams interested in his services, according to Scott Bordow of the Arizona Republic. Williams, who appeared in only five games last season due to a knee injury, had a non-guaranteed salary of $5.5MM for next season and will likely get through waivers.
- The Lakers have renounced their free-agent exception rights to guard Andre Ingram and power forward Travis Wear, according to the RealGM transactions log. The Lakers had a cap hold of $1.338MM on Ingram and $1.5MM on Wear. Ingram appeared in two games with Los Angeles last season, while Wear saw action in 17 games.
- The Suns renounced their free-agent exception rights to center Alex Len, according to the RealGM transaction log. The Suns had a $7.96MM cap hold on Len. He appeared in 69 games last season but became expendable when they drafted Deandre Ayton.