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Timberwolves Acquire Kevin Garnett

February 19th, 2015 at 8:28pm CST by Chuck Myron

8:28pm: The trade is official, the Nets have announced in a press release.

3:11pm: The Wolves want to re-sign Garnett for two more seasons this summer, according to Jon Kraczynski of The Associated Press (Twitter links). Garnett has known of this desire, Krawczynski adds, speculating that it factored into his decision to waive the no-trade clause.

1:44pm: Kevin Garnett has agreed to waive his no-trade clause and the Nets will trade him to the Timberwolves for Thaddeus Young, reports TNT’s David Aldridge (Twitter link). The teams had been waiting on him to give his OK to the deal that will send him back to where his NBA career began nearly 20 years ago. ASM Sports, the agency for Garnett, has confirmed the agreement via Twitter (hat tip to Tim Bontemps of the New York Post).

The 38-year-old is earning $12MM for the season, and will become an unrestricted free agent at the end of the campaign. The veteran has appeared in 42 games for Brooklyn this season, and is averaging 6.8 points, 6.8 rebounds, and 1.6 assists in 20.3 minutes per night. Garnett’s career averages are 18.3 PPG, 10.2 RPG, and 3.8 APG. His career shooting percentages are .497/.276/.790.

Garnett has said in the past that he hopes to buy the Wolves when his playing days are over.  The veteran had a no-trade clause in his contract and while he was reluctant to waive it all, he eventually did leave the door open for a deal that would bring him back to Minnesota.  There was also strong interest from the Clippers and coach/executive Doc Rivers, but KG was against the idea of a buyout.

Young, 26, is making $9,410,869 this season, and he has a player option worth $9,971,739 for the 2015/16 campaign. The 6’8″ forward has appeared in 48 games for Minnesota this season, and is averaging 14.3 points, 5.1 rebounds, and 2.8 assists in 33.4 minutes per game. His career numbers are 13.8 PPG, 5.5 RPG, and 1.5 APG. Young’s career slash line is .495/.319/.698.

Just a few days ago, it was reported that Wolves president Flip Saunders had shown little inclination towards trading Young.  Of course, the deadline has a way of changing those things.  Recently, our own Chris Crouse analyzed Young as a trade candidate.

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Wolves Trying To Acquire Kevin Garnett

February 19th, 2015 at 1:31pm CST by Eddie Scarito

1:31pm: The Nets believe that Garnett will OK the deal, a source tells TNT’s David Aldridge (Twitter link).

12:35pm: Belief is growing that Garnett will waive his no-trade clause, but he hasn’t decided yet, as Wojnarowski hears (Twitter link).

10:23am: The Wolves have “cautious optimism” that Garnett will waive his no-trade clause, as Marc Stein of ESPN.com hears (Twitter link).

9:40am: Garnett found out about Minnesota’s interest in a reunion weeks ago, but he wasn’t on board with the idea initially, tweets Chris Broussard of ESPN.com.

8:35am: Timberwolves brass and Garnett will speak today about the trade possibility, as Bontemps hears (Twitter link). Meanwhile, a source insists to Kennedy that the Nets are quite enamored with Young (Twitter link).

8:27am: Garnett still won’t do a buyout in spite of strong interest from the Clippers and coach/executive Doc Rivers, sources tell Adrian Wojnarowski of Yahoo! Sports (Twitter link). Still, Garnett is considering “the one trade scenario,” Wojnarowski says, presumably a reference to the Wolves idea. The Nets and Wolves have had a ton of talks about Young, according to Alex Kennedy of Basketball Insiders (on Twitter). Young almost wound up with the Mavericks, and a deal that was in the works fell apart when Dallas wound up with Amar’e Stoudemire, Kennedy tweets.

8:06am: The fate of any deal is largely up to Garnett to decide at this point, Stein tweets.

THURSDAY, 7:52am: The talks are “exploratory,” a source told Jon Krawczynski of The Associated Press, though Stein, in the most recent update of his story, notes that sources deemed the discussions “serious.” The Wolves are still debating the merits of relinquishing Young, who’s in his prime and has played better of late, for Garnett, a 20th-year vet, the AP scribe adds. Most people around the league don’t think KG would be willing to waive his no-trade clause, writes Tim Bontemps of the New York Post, and that’s the sense in Brooklyn, too, tweets Chris Mannix of SI.com. It’s unclear if the former Wolves star is prepared to put aside any lingering resentment toward owner Glen Taylor about the way they parted in 2007, as Jerry Zgoda of the Star Tribune indicates.

11:56pm: Garnett has been said to be unwilling to waive his no-trade clause as recently as the last few days, Darren Wolfson of 1500 ESPN Twin Cities tweets.

WEDNESDAY, 10:52pm: The Timberwolves and Nets are in talks regarding a trade that would return Kevin Garnett to Minnesota in exchange for Thaddeus Young, Marc Stein of ESPN.com reports. The 19-year NBA veteran has a no-trade clause in his contract, which means that Garnett could potentially veto any deal presented to him. Garnett spent his first 12 seasons in the NBA with Minnesota, and it would be a great ending to his storied career if he retired while wearing a Timberwolves jersey. The big man has also said that he hopes to buy the Wolves when his playing days are over.

The 38-year-old is earning $12MM for the season, and will become an unrestricted free agent at the end of the campaign. The veteran has appeared in 42 games for Brooklyn this season, and is averaging 6.8 points, 6.8 rebounds, and 1.6 assists in 20.3 minutes per night. Garnett’s career averages are 18.3 PPG, 10.2 RPG, and 3.8 APG. His career shooting percentages are .497/.276/.790.

Young, 26, is making $9,410,869 this season, and he has a player option worth $9,971,739 for the 2015/16 campaign. The 6’8″ forward has appeared in 48 games for Minnesota this season, and is averaging 14.3 points, 5.1 rebounds, and 2.8 assists in 33.4 minutes per game. His career numbers are 13.8 PPG, 5.5 RPG, and 1.5 APG. Young’s career slash line is .495/.319/.698.

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Nets, Thunder Close To Lopez, Jackson Deal

February 19th, 2015 at 1:21pm CST by Chuck Myron

1:21pm: Stan Van Gundy says the Pistons aren’t moving on Jarrett Jack or Heat guard Norris Cole today, according to David Mayo of MLive.com (on Twitter).

1:01pm: The Thunder are looking at a deal with another team, according to Wojnarowski, who indicates that’s the holdup on the Jackson-Lopez front (on Twitter).

12:47pm: Garnett’s decision regarding his no-trade clause won’t affect the Lopez-Jackson deal, sources tell Chris Mannix of SI.com (Twitter link). The Nets are ready to make it happen and are waiting on the Thunder, Mannix says. That would seem to suggest a two-teamer is most likely, but that’s just my speculation.

12:24pm: Jackson is enthusiastic about a potential deal to the Nets, league sources tell Wojnarowski, who hints that Brooklyn’s apparent willingness to unload Jack and sign Jackson to a lucrative deal this summer are major components to that. Jackson is indeed willing to sign long-term in Brooklyn, according to Chris Mannix of SI.com (on Twitter), and that was key to Brooklyn’s pursuit of the would-be trade, as Wojnarowski reported earlier (below). Both Wojnarowski, in his full piece, and Sam Amick of USA Today (Twitter link) have the would-be two-teamer as Lopez to the Thunder for Perkins and Jones, though Wojnarowski says a broader structure of the deal involving other teams remains in play.

12:08pm: The Pistons are a possible landing spot for Jack, sources tell Windhorst (Twitter link). It’s unclear if Detroit would be a part of the Lopez-Jackson deal.

11:42am: The Nets could send Jack to the Wizards as part of a larger deal, a league source tells Wojnarowski (Twitter link)

11:09am: Jackson’s relationship with his teammates on the Thunder has deteriorated quite a bit, according to Royce Young of ESPN.com (Twitter link).

10:43am: The fate of a Nets-Thunder deal involving Jackson and Lopez rests with the Thunder, and for now it would be just a two team arrangement, reports Howard Beck of Bleacher Report (Twitter link).

10:40am: The Nets are one of multiple options the Thunder are looking at regarding Jackson, but a deal between Brooklyn and Oklahoma City remains close, Broussard tweets.

10:20am: Jackson’s camp believes a deal will likely get done, Amick tweets. The Timberwolves and Sixers could be included, perhaps with the Thaddeus Young-for-Kevin Garnett possibility lumped in, according to Wojnarowski (Twitter link). The Nets are again looking to flip Perkins or have him conveyed elsewhere, Windhorst tweets.

10:15am: A deal is close, but not done, as Marc Stein of ESPN.com hears (Twitter link). The teams are talking about deal that would see Oklahoma City relinquish Jackson, Perry Jones III and Perkins as Nets feel out Jackson’s willingness to re-sign, as Wojnarowski writes in a full story. Brooklyn is prepared to part with Jack, and the team would make Jackson the starter of Deron Williams, Wojnarowski adds. League sources once more tell Wojnarowski that it’s believed Jackson will command between $13MM and $14MM this summer. Oklahoma City and Brooklyn are exploring potential third teams to add to the deal, reports Brian Windhorst of ESPN.com (Twitter link).

10:04am: Brooklyn “needs to” include Jarrett Jack in any Jackson-Lopez deal, a source tells Ken Berger of CBSSports.com (Twitter link). A deal might involve Perkins and Ish Smith heading Brooklyn’s way in addition to Jackson, tweets Mike Mazzeo of ESPNNewYork.com.

9:49am: The Nets and Thunder are having serious talks about a deal involving Brook Lopez and Reggie Jackson, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). Wojnarowski reported minutes earlier that there was a decent chance the Nets and Thunder would regather momentum toward a trade involving Lopez if the Nets become convinced they can re-sign Jackson this summer (Twitter link). The Nets and Thunder went deep into discussions on Lopez last month, but those conversations didn’t involve Jackson. The Thunder appear to have been the party with interest in striking up the Lopez talks again while the Nets have seemed hesitant.

Jackson’s agent, Aaron Mintz, recently requested that the Thunder trade his client, who’s due for restricted free agency this summer. The Kings, Bucks, Heat, Pacers, Rockets and Nuggets all appear interested in swapping for Jackson, while there are conflicting reports about whether the Celtics are pursuing him. The 24-year-old turned down an extension offer in the neighborhood of four years and $48MM this past fall, according to USA Today’s Sam Amick (Twitter link). That was around the time teams around the league thought he’d end up commanding $13-14MM a year this summer, as Adrian Wojnarowski of Yahoo! Sports reported at the time.

Lopez is due a player option worth more than $16.744MM for next season, though there are  conflicting reports about whether he’d pick it up. Talks between the Nets and Thunder would have sent a package including Kendrick Perkins and Jeremy Lamb to Brooklyn, and the Nets had reportedly spoken to the Wolves about Thaddeus Young and had interest in flipping Perkins to Minnesota for him. Still, Brooklyn remained reluctant to do such a deal with Oklahoma City, apparently because it didn’t want to relinquish Lopez in what would amount to a salary dump with a package centering on Perkins, in spite of the Young discussion.

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Sixers Interested In Chase Budinger

February 19th, 2015 at 10:46am CST by Chuck Myron

The Sixers are interested in obtaining Chase Budinger from the Timberwolves for draft considerations, and Philadelphia would then like to do a buyout deal with him, reports Adrian Wojnarowski of Yahoo! Sports.

The Wolves were looking to include Budinger in any deal involving the recently-acquired Gary Neal, but so far there hasn’t been a taker for the guard.  Budinger is coveted by teams who are looking for a small forward to help spread the floor, but his $5MM player option for next season is a deterrent to many.  Of course, the Sixers appear to be less interested in his offensive acumen and more interested in the draft picks that they could get by agreeing to take on his contract.

The 6’7″ forward is averaging 4.5 PPG and 2.5 RPG in 14.9 minutes per game this season.  Across six NBA seasons, the Arizona product has averaged 8.4 PPG and 3.1 RPG in 20.2 minutes per night.

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Eastern Notes: Ross, Blatt, Pistons

February 18th, 2015 at 10:21pm CST by Dana Gauruder

Terrence Ross is unlikely to be dealt by the Raptors before Thursday’s trade deadline, Michael Grange of SportsNet reports. Raptors GM Masai Ujiri tells Grange that it’s too early to give up on Ross, even though Ross’ playing time has dropped from 31.1 minutes in December to 20.9 in January and 22.0 for February. “I would be shocked if we did something with Terrence,” Ujiri said to Grange. “Trust me. I can’t tell you more how I totally don’t think that would happen before Thursday.” Ross has been rumored to be part of a package that could deliver a quality big man such as the Pacers‘ David West.

In other news around the Eastern Conference:

  • David Blatt’s job security is on firmer ground because LeBron James has gained respect for him, Jeff Zillgitt of USA Today reports. James, who did not give Blatt ringing endorsements earlier in the season, called him “great” and added that Blatt has handled his first season as the Cavs coach “extremely well so far, and I’m happy to be playing for him.“
  • The Cavs have recalled Joe Harris from the Canton Charge, their D-League affiliate, the team has announced. Harris has played in seven games for Canton this season, averaging 17.0 points, 5.4 rebounds and 3.3 assists in 32.3 minutes per contest.
  • Pistons president of basketball operations Stan Van Gundy says that things are quiet on the trade front for Detroit, and that it was doubtful the team would make a move prior to the trade deadline, Vince Ellis of The Detroit Free Press tweets.
  • Free agent Jamaal Tinsley has turned down 10-day contract offers from the Pistons, Hornets, and Wolves, David Pick of Eurobasket.com reports (Twitter link). Tinsley appeared in eight games for the Jazz last season.
  • Sixers coach Brett Brown said the team will get another point guard in time for its next game, Keith Pompey of the Philadelphia Inquirer tweets. Pompey did not elaborate on whether that would occur by trade or free agent signing.
  • Suspended Sixers forward Andrei Kirilenko is a likely buyout candidate, Mike Mazzeo of ESPN.com tweets. Philadelphia would prefer to trade him for assets but it’s expected that won’t happen and the team will wind up buying Kirilenko out, Mazzeo adds.
  • Brandon Bass made it clear that he has no interest in a buyout, as Jay King of MassLive relays (Twitter link). Bleacher Report’s Howard Beck identified him as a likely buyout candidate last week.

Eddie Scarito and Chuck Myron contributed to this post.

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Latest On Kevin Martin

February 18th, 2015 at 9:24pm CST by Chuck Myron

9:24pm: Martin is happy in Minnesota, and out of the teams reported to be eyeing him, Martin would only be interested in playing for Dallas, Amick tweets.

8:29pm: The Rockets and Wizards are also interested in Martin, Sam Amick of USA Today reports (Twitter links). It’s also highly unlikely that the Wolves agree to a buyout with Martin if he remains on the roster past the trade deadline, Amick adds. The Mavs are also a team that likes Martin, Amick confirms.

3:50pm: Teams are still inquiring about Martin, but the feeling is growing that he will remain with the Wolves past the deadline, Chris Mannix of SI.com reports (Twitter link).

2:32pm: The Bulls and Kings among teams with interest in Kevin Martin, as Chad Ford of ESPN.com writes in his chat with readers, though he adds that it wouldn’t be a surprise to see the Timberwolves hang on to him. Ford also lists the Wizards as a team eyeing Martin, though there were conflicting reports about their level of interest earlier this month. Adrian Wojnarowski of Yahoo! Sports heard that Wolves coach/executive Flip Saunders has little interest in parting with Martin, though Ken Berger of CBSSports.com seemingly refuted that and put Martin on a list of players that teams are attempting to trade. Martin would be headed for a buyout if a trade doesn’t happen, according to Berger, but rival executives are surprised at the notion that Minnesota would consider a buyout, tweets Alex Kennedy of Basketball Insiders.

The Mavericks are another team that’s been linked to Martin, though it’s unclear if they truly have interest in trading for him. He’s making almost $6.793MM this season and $7.085MM next year, with a player option worth almost $7.738MM for 2016/17, so his contract figures to dissuade teams on the fence about pursuing before the deadline. The same clubs would figure to have greater interest in Martin should he buy his way off the Wolves and become available more cheaply, though that’s just my speculation.

Saunders said after making a pair of trades last week that he didn’t expect to be active again in advance of the deadline. The Wolves haven’t given the impression that they want to part with Martin, according to John Krawczynski of The Associated Press. The 32-year-old shooting guard is Minnesota’s leading scorer this season at 20.2 points per game.

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Berger’s Latest: Jackson, Kings, Nuggets, Lee

February 17th, 2015 at 11:36pm CST by Chuck Myron

Reporters make a habit of emptying their notebooks as the deadline draws near, when rumors that would normally make headlines wind up buried beneath the deluge of news. We already passed along highlights from a jam-packed piece that Adrian Wojnarowski of Yahoo! Sports authored tonight, and we’ll do the same with a dispatch from Ken Berger of CBSSports.com, who’s also heard plenty:

  • Tim Kawakami of the Bay Area News Group provides some clarity on Lee, saying that the Warriors have always been willing to trade him for assets of value but that the team almost certainly won’t find what it’s looking for on the market. Golden State isn’t likely to simply give away the veteran, a favorite of co-owner Joe Lacob, unless it’s forced to in the offseason, Kawakami adds (All Twitter links).

Earlier updates:

  • Teams around the league expect the Thunder to trade Reggie Jackson before Thursday’s 2pm Central time trade deadline, Berger writes, indicating that they believe tax concerns would be the catalyst for Oklahoma City to make a deal.
  • Sacramento is intent on making an upgrade at the deadline in an effort to please DeMarcus Cousins, sources tell Berger, who identifies Arron Afflalo as the team’s No. 1 target. The Kings are dangling Nik Stauskas to the Nuggets as they seek Afflalo, to the puzzlement of some executives from other teams, Berger hears. The Kings continue to dangle Stauskas to other teams as well, according to Berger.
  • The Nuggets are in “full-on firesale mode,” and, notwithstanding Sacramento’s focus on Afflalo, Ty Lawson and Wilson Chandler are the players on Denver’s roster who are drawing the most interest from other teams, Berger writes.
  • Berger indicates that the Warriors are trying to trade David Lee, which conflicts with an earlier report that the team would like to keep him through the season to avoid disrupting chemistry. The CBSSports.com columnist also includes Kevin Martin on a list of players that teams are trying to trade, but Flip Saunders is reportedly showing little interest in doing so. Martin would be destined for a buyout if the Wolves don’t trade him, Berger hears.
  • Milwaukee has fielded offers for Brandon Knight, but the Bucks aren’t biting, sources tell Berger.
  • The Wizards are more likely to sign a free agent who would fill their desire for backcourt help than to make a trade, the CBSSports.com scribe hears.
  • The Clippers are still the front-runners for Tayshaun Prince should he and the Celtics do a buyout deal, according to Berger, who adds that Boston is trying to trade Brandon Bass.
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Wojnarowski’s Latest: Prince, Clippers, Nelson

February 17th, 2015 at 10:27pm CST by Eddie Scarito

With Thursday’s NBA trade deadline creeping ever closer, things are going to heat up rather quickly. The reports that the Suns are looking to trade Goran Dragic are likely just the beginning of what should be an interesting couple of days around the NBA. Adrian Wojnarowski of Yahoo! Sports relayed some of the latest deadline rumors from around the league:

  • The Celtics are continuing to try to include Tayshaun Prince in a trade package, but if unable to find a taker, the team will work out a buyout arrangement after the deadline, Wojnarowski notes.
  • After missing out on Amar’e Stoudemire, who is reportedly on his way to Dallas once he clears waivers, the Clippers’ best chance to improve their roster will be to sign a free agent, Wojnarowski opines. Los Angeles may attempt to sign Prince if he is waived by Boston, Wojnarowski adds. The Blazers are also interested in Prince, the Yahoo! scribe relays.
  • The Clippers have dangled Jamal Crawford in an effort to acquire a first round draft pick that the team could use to nab the Nuggets‘ Wilson Chandler or Arron Afflalo, the Yahoo! scribe adds. Los Angeles continues to show interest in the Suns‘ Gerald Green as well, Wojnarowski reports.
  • Los Angeles had scouted Lance Stephenson recently, but the Clippers never engaged in discussions with the Hornets regarding the mercurial guard, Wojnarowski relays.
  • There are several teams around the league that are hoping Jameer Nelson reaches a buyout arrangement with the Nuggets, Wojnarowski notes. Denver currently has no plans to cut the veteran point guard loose, adds the Yahoo! scribe.
  • Wolves president Flip Saunders has shown little inclination that he wishes to deal Kevin Martin and Thaddeus Young, Wojnarowski relays.
  • Teams that miss out on acquiring Afflalo may take a look at nabbing the Wolves‘ Chase Budinger, Wojnarowski writes. While teams like Budinger’s ability to spread the floor, his $5MM player option is a deterrent for some interested franchises, the Yahoo! scribe adds.
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Eastern Notes: Knicks, Horford, Williams

February 16th, 2015 at 7:30pm CST by ChrisCrouse

It’s doubtful that the Knicks will be able to trade Jose Calderon or Andrea Bargnani, but a source tells Marc J. Spears of Yahoo! Sports that a smaller deal could happen. Calderon, who Eddie Scarito of Hoops Rumors examined as a trade candidate, is making slightly less than $7.1MM this season and is owed more than $15.1MM over the remaining two years of his deal. Bargnani, whom Eddie believes is unlikely to be traded, is set to make $11.5 this season, which is the last year of his current contract.

Here’s more from the Eastern Conference:

  • Al Horford said that he doesn’t know whether the Hawks should reinstate GM Danny Ferry from his indefinite absence, and Joseph Goodman of the Miami Herald takes it as a signal that Horford isn’t warm to the idea of Ferry returning.
  • Mo Williams had a trade kicker in his deal, according to Eric Pincus of Basketball Insiders (Twitter link), so he went from making $3.75MM to just under $3.97MM. The Timberwolves paid the difference, though the new number counts on Charlotte’s cap.
  • Tim Frazier, whose 10-day contract with the Sixers has expired, will return to the Maine Red Claws, the D-League affiliate of the Celtics, according to Chris Forsberg of ESPNBoston.com. The point guard appeared in three games with Philadelphia, averaging five points, 4.7 rebounds, and 8.7 assists per game.
  • Kyle Lowry has blossomed into a star in Toronto but the point guard was skeptical at first when he was acquired by the Raptors, writes Alex Kennedy of Basketball Insiders. “Well no, honestly I didn’t think [this is where everything would work out],” Lowry said of Toronto. “But with all the hard work I put in and the commitment they made to me, everything just kind of came into fruition and it worked out.”

Chuck Myron contributed to this post

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Northwest Notes: Aldridge, Thunder, Lopez

February 16th, 2015 at 1:37pm CST by Chuck Myron

Most around the league expect LaMarcus Aldridge to re-sign with the Trail Blazers this coming summer, as he said he would, but an executive from an opposing team told Sean Deveney of The Sporting News that the Blazers are “very, very scared” that he’ll walk in free agency. The exec cautioned that it’s probably just “paranoid” thinking on their part, but this weekend, peppered with questions from the New York media, Aldridge praised Phil Jackson, the city of New York, and said he’d be a fit for the triangle offense, Deveney notes. The power forward has largely declined to talk specifics about his upcoming free agency since just before training camp, when he repeated his intention to re-sign with Portland. Here’s more from a busy Northwest Division:

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