Timberwolves Rumors

Post-Deadline Housekeeping: New TPEs, Open Roster Spots

There were no superstars on the move on Thursday, but NBA teams made eight trades, and there were many more signings and cuts completed once the deadline passed. In the wake of the deadline, we’ll take a look at a few roster- and cap-related notes, rounding up the new traded player exceptions that teams created on Thursday, as well as examining which teams still have space available on their rosters.

Let’s dive in…

New trade exceptions:

Several over-the-cap teams acquired new trade exceptions on Thursday. They’ll all expire on February 23, 2018, a year after they were created, or until they’re used or renounced by the teams below. If a club wants to use cap room, it must renounce its trade exceptions, but until then, these TPEs can be used in the summer or next season to acquire players.

Here’s the breakdown, in order of TPE value:

  • Dallas Mavericks: $6,642,537
  • Chicago Bulls: $5,462,000
  • Milwaukee Bucks: $5,000,000
  • Atlanta Hawks: $3,333,334
  • Houston Rockets: $3,333,333
  • Dallas Mavericks: $1,514,160
  • Houston Rockets: $612,172
  • Toronto Raptors: $328,000
  • Houston Rockets: $233,880

Some notes related to these TPEs:

  • Multiple teams on this list, including the Rockets and Bucks, could open up cap room by renouncing their trade exceptions. In Houston’s case, this is particularly notable, since the club would create more than $3.5MM in cap space by renouncing these TPEs. That cap room could come in handy very soon if the Rockets are trying to entice a free agent to sign with them instead of another contender that can only offer the minimum.
  • As is always the case with TPEs, some of these exceptions will be more useful than others. The Mavericks could end up doing something interesting with their $6.6MM+ TPE, but the Raptors will almost certainly never use theirs for $328K.
  • The Thunder also came out of Thursday’s action with a new TPE — sort of. Oklahoma City had created a trade exception worth $7.4MM on November 1 when the team sent Ersan Ilyasova to Philadelphia. The Thunder used a portion of that exception at the deadline to absorb Doug McDermott‘s salary, leaving approximately $4.94MM left on it. OKC will have until November 1 to use the rest of that TPE.
  • For the complete list of trade exceptions across the NBA, click here.

Teams with open roster spots:

A day after the trade deadline, the list of teams with open roster spots is incredibly fluid. Some teams that acquired players in trades don’t have any use for those players, and will waive them. Other clubs will fill roster holes with D-League call-ups, while other teams will be a little more patient and wait out the buyout market.

All of this is to say that this list is up to date at the time of publication, but could change quickly as teams make more moves this weekend. Here are the teams that currently have at least one open spot on their 15-man roster, with their player count noted in parentheses:

  • Charlotte Hornets (13): The 10-day contracts for Ray McCallum and Mike Tobey expired overnight, so Charlotte has two open spots. The team reportedly plans to use one on Johnny O’Bryant.
  • Cleveland Cavaliers (14): The Cavs have 13 guaranteed contracts, plus Derrick Williams‘ 10-day deal. The team expects to sign Deron Williams as well, so if any other roster additions are coming after that, Cleveland would need to clear a roster spot.
  • Dallas Mavericks (13): The Mavs have two openings after completing a two-for-one trade with the Sixers, then waiving Deron Williams.
  • Houston Rockets (14): The Rockets opened up a roster spot by trading K.J. McDaniels, and may waive Marcelo Huertas as well. Houston is expected to be active on the buyout market.
  • Milwaukee Bucks (14): The Bucks created a roster opening by sending Roy Hibbert to Denver, and they’re expected to fill it by signing Axel Toupane to a 10-day contract.
  • Minnesota Timberwolves (14): Unlike most of the teams on this list, the Wolves have carried an open roster spot for a while, and that didn’t change at the deadline.
  • Oklahoma City Thunder (14): The Thunder traded three players to Chicago and received just two in return, creating an opening. They have their eye on free agents and buyout candidates.
  • Orlando Magic (14): Like Minnesota, the Magic were carrying an open roster spot prior to the deadline and didn’t make a move on Thursday.

The Suns will join this list as soon as they officially waive Mike Scott and Jared Sullinger, as is expected. They’ll fill one of those two newly-open spots with Ronnie Price. There are also three teams that have full 15-man rosters with at least one player on a 10-day contract. The Hawks, Warriors, and Pelicans fall into this category, with Briante Weber‘s second 10-day deal in Golden State set to expire soon.

For a full breakdown of NBA roster counts, check out our list.

Timberwolves Balked At Rose/Rubio Swap

3:04pm: A source tells Marc Berman of The New York Post (Twitter link) that the Wolves got “extra concerned” that they wouldn’t be able to re-sign Rose this summer, and didn’t want to acquire him as a rental.

2:40pm: The Timberwolves walked away from trade negotiations involving Ricky Rubio and Derrick Rose, Marc Stein of ESPN reports. The Knicks made a final push for a Derrick Rose-for-Ricky Rubio trade with no additional pieces, but Minnesota balked. (Twitter links).

Earlier today, the Knicks pushed Minnesota to include additional trade pieces along with Rubio. Apparently unable to receive other assets (New York was said to be interested in Nemanja Bjelica), the Knicks made a final push at a straight-up trade offer.

Ian Begley of ESPN corroborated Stein’s report, claiming the Knicks’ willingness to lower their demands came too late in negotiations. Phil Jackson had been looking for draft picks in trade talks with other teams, which may have been the sticking point with Scott Layden of the Timberwolves.

Barring a buyout, Derrick Rose appears set to finish the season in New York before testing the free agent market. Ricky Rubio, who remains ahead of Tyus Jones and Kris Dunn on Minnesota’s depth chart, is under contract through 2018/19.

Trade Talks Between Wolves, Knicks Stalled?

1:42pm: The talks between the Knicks and Wolves have “stalled significantly” with the deadline less than 20 minutes away, per Shams Charania of The Vertical (Twitter link).

11:40am: The Knicks and Wolves remain engaged in discussions on a potential deal headlined by Rubio and Rose, reports ESPN’s Marc Stein (Twitter link).

8:35am: Timberwolves point guard Ricky Rubio continues to be a “significant” trade target for the Knicks today, league sources tell Adrian Wojnarowski of The Vertical (via Twitter). We’ve heard in recent days that the two teams have discussed multiple variations of a deal involving Rubio and New York point guard Derrick Rose.

There had been some skepticism about the Knicks’ ability to trade Rose this week, since he has a $21MM+ expiring salary and some members of the organization were believed to be reluctant to take long-term salary back for him. However, as Marc Berman of The New York Post has noted, the Knicks have had interest in Rubio for several years, so it’s possible that he’s a player for whom the team would sacrifice summer cap room.

Because the Wolves are far below the cap, the team could trade Rubio straight up for Rose, despite a gap of nearly $8MM between their 2016/17 salaries. For Minnesota, such a move would allow the club to reach the salary floor this season and create some cap flexibility going forward. Tom Thibodeau‘s history with Rose may also hold some appeal if the Wolves view the former MVP as more than a rental.

Still, if the two sides can get something done, it may not just be a one-for-one swap. The Knicks are said to have some interest in Wolves forward Nemanja Bjelica as well, and ESPN’s Marc Stein tweets that New York’s desire to get another piece in the deal has been a sticking point so far.

Eastern Notes: Hawks, Celtics, Butler, Knicks

Whether it’s via trade or free agency, the Hawks are planning to add a third point guard to their roster, head coach Mike Budenholzer said today (Twitter link via Chris Vivlamore of The Atlanta Journal Constitution). Dennis Schroder has had a very solid season in Atlanta, but Malcolm Delaney has been up and down as his backup, and the team doesn’t really have additional depth at the position.

Here’s more from around the Eastern Conference:

  • On The Vertical’s live trade deadline show, Adrian Wojnarowski suggested that one reason the Celtics and Bulls haven’t moved forward in Jimmy Butler talks is because the Bulls would want at least a couple players capable of joining their rotation immediately, and Boston is more interested in using draft picks in a potential package.
  • The Knicks have yet to budge on their insistence that the Timberwolves add an additional player or draft pick to a Ricky Rubio/Derrick Rose swap, according to Ian Begley of ESPN.com. As Begley notes, it’ll be interesting to see if either side budges before the deadline.
  • J. Michael of CSNMidAtlantic.com takes a closer look at why the Wizards targeted Bojan Bogdanovic and were willing to give up a first-round pick for him.

Trade Rumors: Muhammad, Raptors, Collison, Mavs

The Timberwolves are “determined” to move Shabazz Muhammad today and hope to land a draft pick in return, reports TNT’s David Aldridge (via Twitter). One report earlier today suggested that Minnesota might attach Muhammad to Ricky Rubio, but Aldridge is unsure if Muhammad would be included in a potential Rubio/Derrick Rose swap.

Here are more trade rumors from around the NBA:

  • John Gambadoro of Arizona Sports 98.7 (Twitter link) has heard that Raptors players would like to see the team acquire Suns forward P.J. Tucker, in the hopes of getting someone capable of defending LeBron James in the postseason.
  • Darren Collison, who is on an expiring contract, is drawing interest from many teams, but the Kings are holding firm on their asking price of a first-round pick, tweets David Aldridge of TNT. An earlier report identified the Bucks as a potential Collison suitor, but Charles F. Gardner of The Milwaukee Journal Sentinel (Twitter link) says Milwaukee hasn’t engaged in talks with the Kings.
  • Now that they’ve found a taker for Andrew Bogut, the Mavericks have shifted their focus to a possible Deron Williams deal, tweets Steve Kyler of Basketball Insiders.
  • The Wizards are exploring the market for a possible deal for a point guard, sources tell Kyler (Twitter link).
  • The Warriors aren’t active today, and figure to focus on the buyout market if they want to bolster their bench, according to Kyler (Twitter link).

Latest On Pistons Point Guard Reggie Jackson

Reggie Jackson is likely to stay put because of the Pistons’ high asking price, league executives told Jeff Zillgitt of USA Today (Twitter link).

The team’s front office — headed by president of basketball operations and coach Stan Van Gundy and GM Jeff Bower — has been aggressively shopping the point guard, Chris Mannix of The Vertical tweets, and is seeking a first-round pick, young player and an expiring contract in return.

The large package that the Pistons want for Jackson could indicate that they believe his inconsistent play this season is injury-related and that he’ll return to top form next season, Rod Beard of the Detroit News speculates (Twitter link). Jackson missed the first 21 games after receiving a plasma-rich injection for knee tendinitis during training camp. Jackson is averaging 15.2 PPG and 5.6 APG since his return after posting averages of 18.8 PPG and 6.2 APG last season when Detroit won 44 games and made the playoffs.

Jackson has been the subject of trade speculation for weeks, with the Timberwolves and Magic at the forefront of potential suitors. A Jackson-for-Ricky-Rubio rumor surfaced last month, though Van Gundy quickly shot it down.  The Orlando discussions involved D.J. Augustin and Jeff Green but the Magic currently have nothing cooking for either Jackson or Rubio, Sam Amick of USA Today tweets. However, Jake L. Fischer of SI.com tweets that Orlando can get Jackson if it’s willing to part with a valuable first-rounder.

Knicks Rumors: Lee, O’Quinn, Jennings, Rubio

Courtney Lee has been cited this week as a possible trade candidate, and according to Ian Begley of ESPN.com, the Clippers recently displayed interest in the Knicks shooting guard. However, one team that was in touch with the Knicks didn’t get the impression that Lee will be going anywhere, says Begley.

Here are a few more notes out of New York:

  • Another team that has spoken to the Knicks said New York is seeking a first-round pick and has talked about packaging Kyle O’Quinn and Brandon Jennings together in a trade, Begley reports.
  • Although the Knicks are shopping O’Quinn, it’s unclear if they’ll be able to get equal value for him, leagues sources tell Adam Zagoria of SNY.tv (Twitter link). On Wednesday, we heard that New York has been seeking a first-round pick for O’Quinn, so if the team believes that constitutes “equal value,” it makes sense that it may not happen.
  • A report earlier today indicated that Ricky Rubio remains a “significant” trade target for the Knicks. However, Sam Amick of USA Today reports (via Twitter) that the Timberwolves continue to shop Rubio to teams besides the Knicks. Jake Fischer of SI.com adds (via Twitter) that Minnesota is willing to part with Shabazz Muhammad to help accommodate a Rubio trade.

Western Notes: Mavs, Kings, Wolves, Jazz

We’re less than 17 hours away from the trade deadline. While we wait to see what unfolds, check out some notes and rumors out of the Western Conference:

  • Deron Williams and Andrew Bogut are rumored to be on the move and the Mavericks held both of them out of practice today, Earl K. Sneed of Fox Sports relays via Twitter“With the trade deadline tomorrow, you can read a lot into that,” coach Rick Carlisle said.
  • If the Mavericks make a deal involving Williams or Bogut, it’s likely to occur right before Thursday’s deadline, Eddie Sefko of the Dallas Morning News writes. The team is looking for picks in the upcoming draft in exchange for their veterans.
  • The Kings are likely to move someone in their backcourt, Ailene Voisin of the Sacramento Bee tweets. Voisin hears that the Pacers have interest in acquiring Arron Afflalo.
  • The Jazz have had conversations with other teams regarding a Derrick Favors trade, but a source told Spencer Checketts of 1280 KZNS (Twitter link) that the team doesn’t view any offer as “even close” to being fair.
  • Wolves executive/coach Tom Thibodeau said the team is still looking at trade possibilities, but as of right now, he doesn’t see any deal that makes sense for the franchise, Jon Krawczynski of the Associated Press writes. “If there’s something that makes sense that can make you better, then you take a look at it. If not, I’m happy with the team we have. I like the guys we have. I like the approach we have,” Thibodeau said.
  • Clippers coach Doc Rivers said Chris Paul has been medically cleared to return to the court and he may play as early as Thursday, Andrew Han of ESPN.com relays.

Trade Rumors: Rose, Rubio, Okafor, Caldwell-Pope

The Timberwolves have reached out to the Knicks about a possible Derrick Rose deal, reports Marc Berman of The New York Post. Rose has fallen out of favor with Knicks president Phil Jackson, who is disappointed with the veteran guard’s effort on defense. Rose is entering free agency and sources tell Berman that New York would rather move him now than give him a long-term deal. He won MVP honors in Chicago in 2011 under Minnesota coach Tom Thibodeau.

The proposed deal is believed to involve Ricky Rubio, whom Thibodeau has never believed in as his long-term point guard, according to Berman. Rubio still has two years and more than $29MM left on his contract and has been the subject of trade rumors since Minnesota drafted Kris Dunn last summer.

The Knicks contacted the Wolves about Rubio at last year’s deadline, Berman writes, and have been interested in him since he entered the league in 2009 because of the recommendations of their European scout, Kevin Wilson, who is based in Barcelona.

New York also reportedly likes Minnesota’s Nemanja Bjelica and inquired about his availability as part of the Rose discussions, according to Jeff Zillgitt of USA Today (Twitter link).

There’s more on the trade front as Thursday’s deadline inches closer:

  • The Rockets have asked about Wolves guard Shabazz Muhammad, tweets Darren Wolfson of 5 Eyewitness News in Minneapolis. Wolfson doesn’t believe the teams are close to a deal.
  • The Pistons refused an offer from the Sixers involving Jahlil Okafor and Kentavious Caldwell-Pope, tweets Jake Fischer of Sports Illustrated. Philadelphia offered to bring a third team into the trade, but Detroit still wasn’t interested. The Pistons reportedly have hesitations about giving Caldwell-Pope a maximum salary after his contract expires at the end of the season. The Sixers have been calling around the league trying to make a deal for Okafor, with the Pacers and Bulls as the most frequently mentioned potential trade partners.
  • The Suns are looking for someone to take Brandon Knight‘s contract and might be a fallback option for an Okafor trade, according to Fischer (Twitter link). A former starter in Phoenix, Knight in is the midst of a disappointing season, averaging 11.0 points per game and shooting less than 40% from the field. He still has three seasons and nearly $43.9MM left on his current deal.
  • The Thunder and Clippers remain in pursuit of Nuggets swingman Wilson Chandler, tweets Sam Amick of USA Today.

Wolves Discuss Point Guard Swap With Knicks, Pistons

10:30 PM: The Knicks have discussed adding Ricky Rubio in talks with the Wolves, Brian Windhorst of ESPN.com reports (video link). Windhorst adds that Minnesota has had discussions with the Pistons regarding a Ricky Rubio-Reggie Jackson swap, but the Wolves are not interested in bringing Jackson aboard. A three-way trade that sends Rose to Minnesota, Rubio to Detroit and Jackson to New York could be in play, Windhorst adds. He notes that Rubio and Jackson are two of the players most likely to be traded before the deadline.

Minnesota doesn’t necessarily view Rose as a long-term fit, as the team wants to clear space for Kris Dunn and would like to get out of Rubio’s deal. The Spanish point guard has three years remaining on his contract, while Rose will be a free agent after the season.

10:14 PM: Several teams have reached out to the Knicks regarding a Derrick Rose trade, Ian Begley of ESPN.com reports. Begley adds the Wolves are among the teams to have discussions with the franchise.

It’s unclear what the Knicks would receive in return should they send Rose to Minnesota. New York acquired the point guard in the offseason with the hope that he would help the team get to the playoffs this season. The team is currently 23-34 after losing seven of their last 10 games and it appears the franchise will have a hard time achieving that goal.

Rose is averaging 17.7 points per game this season and he hasn’t missed any games because of the knee issues which plagued him over the past few years. He previously played for Wolves executive/coach Tom Thibodeau in Chicago for seven seasons.