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Teams With Cap Space

February 24th, 2012 at 1:03pm CST by Luke Adams

Earlier this morning, we heard that the Pacers are exploring the trade market in search of a roster addition or two. Indiana is in a unique situation, with an incredible amount of cap space and no obligation to spend to reach the minimum cap requirements. While the Pacers' current cap figure falls well short of the minimum required team salary (85% of the cap), James Posey's amnestied $7.6MM salary counts for floor purposes, so the Pacers can stand pat if they so choose.

Although no other club has nearly the cap room Indiana does this season, there are a handful of under-the-cap teams who could make a move without having to use a mid-level or trade exception. Let's run through them, from the team with the most cap space (Indiana) to the least (Houston).

Indiana Pacers
Approximate cap space: $14.27MM
I don't expect the Pacers to make any moves for players under contract past this season. Indiana has a number of players on rookie scale contracts who will start to get more expensive over the next couple years, so the team won't want to chew up future cap space unless it can land a young, talented player. A rental player on an expiring contract is more likely, and I still think Indiana makes sense as the most likely destination for Chris Kaman.

Sacramento Kings
Approximate cap space: $9.43MM
While the Kings have a relatively affordable squad, they don't have quite the same flexibility the Pacers do. With nearly all its players under contract through next season, Sacramento is poised to increase its cap figure significantly this summer if it hopes to sign its lottery pick and hang onto restricted free agents like Jason Thompson, J.J. Hickson, and Donte Greene. Between the Kings' lack of expiring deals and its spot near the bottom of the Western Conference standings, I don't think we'll see Sacramento taking advantage of its cap space this season. The Kings need to add about $723K to reach the minimum salary requirement, but that amount is minimal enough that they may simply accept the end-of-season surcharge.

Cleveland Cavaliers
Approximate cap space: $7.21MM
Here's an interesting case. While it's widely assumed Cleveland will be looking to trade players like Antawn Jamison and Ramon Sessions this March, I'm not sure that'll be the case. The team has talked repeatedly about wanting to gain playoff experience, and as the current ninth seed in the East, it's not out of the realm of possibility. With Jamison's salary coming off the books this summer, the Cavs could afford to add a player who is under contract past this season and still have a ton of cap space in future seasons. If the Cavs can find a player that helps them this season and isn't too expensive going forward, I wouldn't be surprised if they pulled the trigger.

Toronto Raptors
Approximate cap space: $4.3MM
While the Raptors would probably love to use this cap room to sign Wilson Chandler to an offer sheet, any contract they offered Chandler could easily be matched by the Nuggets. If the Raptors make moves before the deadline, they're more likely to become sellers, gaining even more cap room to take advantage of this summer.

Washington Wizards
Approximate cap space: $2.17MM
Like the Raptors, the out-of-contention Wizards will be looking for deals that create even more cap space. They almost certainly won't use their remaining cap room to acquire anyone.

Minnesota Timberwolves
Approximate cap space: $1.2MM
Golden State Warriors
Approximate cap space: $813K
Houston Rockets
Approximate cap space: $777K

These three teams consider themselves playoff contenders, and should all be active on the trade market, trying to upgrade their rosters. However, their cap space isn't significant enough to play a major role in any trades.

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The Asking Price For Monta Ellis

February 23rd, 2012 at 2:11pm CST by Luke Adams

With the Warriors working actively to find a trade they like before the deadline, Tim Kawakami of the San Jose Mercury News decided to explore what sort of package Golden State could be seeking for Monta Ellis, one of the team's prime trade chips.

According to Kawakami, the Timberwolves and Warriors discussed a trade last June, with the Timberwolves offering Michael Beasley and Nikola Pekovic for Ellis, while the Warriors wanted to expand the deal to land Minnesota's top draft pick as well. As Kawakami points out, Minnesota wouldn't make such an offer now, with Pekovic having taken a huge step forward this season (17.2 PPG, 10.4 RPG in February), but at the time, each side thought the other was asking for too much.

Ellis' 2011/12 numbers have been as good as ever – his 19.4 PER would be a career high – so there's no reason to think the Warriors have dropped their asking price since June. Golden State is thought to be seeking a young star in return for Ellis, and Kawakami hears the team doesn't want to trade the 26-year-old for just cap relief.

But is there a team out there who would part with a young star for Ellis? As talented as he is, the former second-round pick is an undersized two guard who isn't particularly strong on defense, and is owed $11MM per season through 2013/14. I can't think of many teams who would be willing and able to meet the Warriors' asking price, and I can't see the Warriors lowering their demands much, given Ellis' scoring prowess. Unless something changes over the next few weeks, I think we should expect Ellis to remain in Golden State past March 15th.

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Pau Gasol Rumors: Tuesday

February 21st, 2012 at 1:54pm CST by Luke Adams

While Pau Gasol appeared a little more at ease last night with the trade rumors swirling around Los Angeles, relations between Kobe Bryant and GM Mitch Kupchak still seem tense. After Kupchak released a statement that essentially said he wasn't going to give in to Kobe's request for the team to make a decision quickly on Gasol, Bryant told reporters, "I already said what I had to say. I'm done."

Kobe's public frustration may be a result of the team's lack of private communication with him, says Ken Berger of CBS Sports.

"Kobe's exploding, and he should," a source with ties to the Lakers told Berger. "Your lead player, you should always have communication with him let him know what's going on. There's no communication, and that's ridiculous."

As drama continues to surround the Lakers, here are today's updates on Gasol, with the newest items up top:

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Kyler On Rose, Gasol, Martin, Gordon

February 20th, 2012 at 12:13pm CST by Luke Adams

As we covered this morning, Steve Kyler shared a few Dwight Howard rumors in his NBA AM piece for HoopsWorld. Here's the latest from Kyler on a few more topics:

  • Bulls sources vehemently denied having contact with the Lakers regarding Pau Gasol, and said Chris Sheridan's report about Derrick Rose giving his blessing for the Bulls to pursue Gasol didn't originate from Rose. Kyler himself is skeptical about the rumor, noting that it would be out of character for Rose, who has avoided recruiting players.
  • Replying to a question about the Rockets trading Kevin Martin, perhaps to the Timberwolves, Kyler tweets that there is "real interest." It's unclear whether he's referring to the Rockets being interested in dealing Martin or the T-Wolves being interested in acquiring him, but you could make an argument that both teams would be motivated to pursue such a deal.
  • The Hornets are open to moving Eric Gordon, but only if he could bring back a "legit star," tweets Kyler.
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Kahn: “Minuscule” Chance Of Major T-Wolves Deal

February 16th, 2012 at 11:51am CST by Luke Adams

While the Timberwolves could use a shooting guard and also reportedly have interest in Pau Gasol, GM David Kahn warns not to expect a major move before next month's trade deadline. Kahn tells Charley Walters of the St. Paul Pioneer Press that he's receiving some calls as teams feel each other out, but he's not expecting any big deals for the T-Wolves.

"The likelihood of us doing something dramatic is minuscule," Kahn said. "That doesn't mean that maybe we [don't] do something minor. But the last thing I want to do is send a message to our players that they should be looking over their shoulders right now."

Kahn's last line suggests that even if he's exploring a significant trade, he wouldn't say so publicly and send the wrong message to his players. The Minnesota GM insists he's happy with the team's play at the two guard, but I wouldn't be surprised to see the club make a deal to bring in a shooter before March 15th.

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Kyler’s Latest: Brand, Love, Lin, Anthony

February 16th, 2012 at 10:03am CST by Luke Adams

Steve Kyler of HoopsWorld fielded questions from his followers on Twitter this morning, focusing on everyone's favorite topics — Jeremy Lin and Dwight Howard. In addition to his morning tweets, Kyler also has an NBA AM piece up at HoopsWorld that includes a few interesting tidbits. Here are some of the highlights:

  • 76ers forward Elton Brand has an early termination option for 2012/13 worth about $18.16MM which will almost certainly be picked up. He intends to keep playing well past next season though, if his body allows it: "Everything hurts now but I still love playing the game and it's a joy coming out and competing against the best guys every night and having some success with the team, it feels good."
  • Kevin Love says the presence of Rick Adelman is a big reason why he signed a long-term extension with the Timberwolves: "He's allowed me to play with a lot of confidence and he's a coach that I enjoy playing for and I think everyone will say that in this locker room."
  • Addressing some Knicks trade speculation that has arisen since Lin's emergence, Kyler says it's way too early to talk about trading either Lin or Carmelo Anthony. While Kyler acknowledges that Carmelo is a tradable asset, he says the Knicks need to see the two players on the court together before jumping to any conclusions. I think this goes without saying — I don't expect we'll see Anthony leaving the Knicks anytime soon. I'm betting he and Lin will co-exist better that people are anticipating.
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Timberwolves Pursuing Pau Gasol

February 16th, 2012 at 8:19am CST by Luke Adams

The Rockets aren't the only club still trying to pry Pau Gasol from the Lakers. The Timberwolves are pursuing a deal for Gasol, dangling rookie Derrick Williams and draft picks, a source tells Chris Tomasson of FOX Sports Florida.

According to Tomasson, the Timberwolves view Kevin Love and Ricky Rubio as their only untouchable players, and would be willing to part with their second overall pick from the 2011 draft if it meant pairing Gasol with fellow Spaniard Rubio. Given the difference in salaries between Gasol ($18.71MM) and Williams ($4.6MM), the T-Wolves would have to include other pieces as well. While Minnesota could build an intriguing package, it's hard to imagine the Lakers moving Gasol unless it nets them a starting point guard or a star at another position, like Dwight Howard.

In December, the Lakers thought they had finalized a deal that would send Gasol to the Rockets, but it was ultimately nixed by the league. Since then, Houston has maintained interest in Gasol, who has also been linked to trade rumors involving Howard and Rajon Rondo, among others.

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J.R. Smith Rumors: Wednesday

February 15th, 2012 at 10:13pm CST by Luke Adams

9:56 p.m.: Brad Turner of the Los Angeles Times reports (via Twitter) that Clippers coach Vinny Del Negro has reached out to Smith. 

1:00 p.m.: J.R. Smith's Chinese team played its final game today, which means Smith's should be returning to America any time now. While he still needs a letter of clearance from FIBA before he can become an unrestricted free agent and sign with an NBA team, Smith figures to make his NBA debut shortly after the All-Star break at the latest. Yesterday, Chris Paul expressed confidence in the Clippers' chances of signing Smith, while Lakers coach Mike Brown confirmed he and Smith had talked. Here's the latest on the CBA's scoring champ:

  • The Bulls aren't in the mix for Smith, according to Larry Coon of HoopsWorld and ESPN.com (via Twitter).
  • It's anyone's guess how much we should trust Smith's Twitter feed, but for what it's worth, he tweeted yesterday that he hasn't been in contact with the Timberwolves at all.
  • Josh Robbins of the Orlando Sentinel doesn't expect the Magic to sign Smith (Twitter link).
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Minor Moves: Freeland, Lee, May

February 14th, 2012 at 2:55pm CST by Luke Adams

We'll track the day's D-League and international transactions of note right here….

  • Former Trail Blazers draft pick Joel Freeland has agreed to a contract extension with his Spanish team, according to La Opinion de Malaga (hat tip to Sportando). The report suggests Freeland would have to pay a hefty buyout to Unicaja Malaga if he wanted to get out of the contract to pursue an NBA career. However, Portland's acting GM Chad Buchanan told Ben Golliver of Blazer's Edge (Twitter link) that the Blazers still hope to have Freeland next year, and that nothing is finalized between Freeland and Malaga.
  • The Timberwolves have recalled Malcolm Lee from their D-League affiliate in Sioux Falls, according to Jerry Zgoda of the Star Tribune. Rehabbing following early-season knee surgery, Lee played in three games for the Skyforce after being assigned by Minnesota last week.
  • North Carolina basketball fans will remember Sean May, who was drafted 13th overall in 2005 by the Bobcats after graduating from UNC. May, who saw his last NBA action in 2010, has signed with Italy's Sutor Montegranaro, according to the team's official site (hat tip to Sportando).
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Paul: Clips’ Chances Of Signing Smith “Very High”

February 14th, 2012 at 8:11am CST by Luke Adams

The Clippers may not be able to offer J.R. Smith as much money as most NBA clubs can, but Chris Paul likes his team's chances anyway. Paul told ESPN.com's Marc Stein he thinks the Clips' chances of landing Smith are "very high."

Smith, 26, is set to return from China this week, with Paul one of the NBA players said to be recruiting him before he becomes an unrestricted free agent. Joining the Clippers would reunite Smith with three former teammates, in Paul, Kenyon Martin, and the injured Chauncey Billups. However, the Clips aren't the only club interested.

Stein reported on Friday that the Knicks were still thought to be the frontrunner for Smith, though perhaps that's changed over the last few days. While Stein adds the Timberwolves and Pacers to the list of interested clubs, Mike Wells of the Indianapolis Star says Indiana's early interest has died down (Twitter link).

Yesterday, Hoops Rumors readers narrowly picked the Clippers (29%) as the favorite to sign Smith over the Knicks (26%).

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