- The Pelicans were hoping to make a splash in free agency, but the results have been disappointing, writes Scott Kushner of NOLA.com. New Orleans was rumored to be in contention for an established point guard such as Chris Paul or Kyle Lowry, but instead the team got rid of three starters with no obvious upgrade in return. Kushner notes that it’s dangerous for a team in the NBA’s second-smallest market with no tradition of success to rely on signing free agents.
The NBA has launched investigations into two of the sign-and-trade deals that were agreed upon early in free agency, according to ESPN’s Adrian Wojnarowski and Ramona Shelburne.
Those two deals are the one that sent Kyle Lowry from the Raptors to the Heat – which was officially announced on Friday – and the one sending Lonzo Ball from the Pelicans to the Bulls, which hasn’t been officially completed yet. The NBA is set to investigate possible violations of its tampering policy.
According to Wojnarowski and Shelburne, the league is expected to look into any contact that may have occurred prior to the opening of the free agency negotiating period on Monday at 5:00pm CT. Both agreements were reported within minutes after the negotiating period began.
It’s an open secret that teams and agents begin free agent discussions before the negotiating period officially starts, but the NBA generally frowns on any deals that blatantly violate those rules. Sign-and-trades receive even more scrutiny since they’re more complex and typically require more time to complete than a typical free agent negotiation, Wojnarowski and Shelburne note.
Last year, for instance, an alleged sign-and-trade agreement involving the Bucks, Kings, and Bogdan Bogdanovic was reported several days before free agency officially began. The league ended up taking away Milwaukee’s 2022 second-round pick after investigating that situation, while Bogdanovic – who claimed he never agreed to terms with the Bucks – landed in Atlanta instead.
We’ll see what the investigation into the Lowry and Ball sign-and-trades turns up this year. It’s unlikely that the league would nix either deal, but fines and/or draft-pick penalties don’t seem out of the question, given the manner in which the deals were publicly reported.
One Monday report outlined the specifics of the Lowry sign-and-trade to the Heat nearly three hours before free agency began, though there was some uncertainty for much of the week about whether the deal would involve more pieces than just Goran Dragic and Precious Achiuwa. Lowry’s commitment to Miami was confirmed just minutes into free agency and his agency announced his destination shortly thereafter.
Ball’s deal with the Bulls was reported literally the minute the negotiating window opened, with the full terms of the trade agreement – including another sign-and-trade involving Garrett Temple – surfacing just seven minutes later.
As Wojnarowski notes (via Twitter), the NBA adopted new anti-tampering measures two years ago, giving the league the power to fine teams for up to $10MM, suspend executives, take away draft picks, or even void deals altogether if proof of tampering is found.
The Bucks’ second-round pick forfeiture is the most significant penalty we’ve seen since then. However, as Wojnarowski and Shelburne point out, the NBA’s decision in that case took into consideration that Bogdanovic didn’t end up signing with Milwaukee, so the league could come down a little harder on Miami and/or Chicago.
AUGUST 7: The trade is official, according to a press release from the Pelicans.
New Orleans announced that the second-round pick it received in the deal is the Kings’ 2022 second-rounder. However, that pick was top-54 protected when it was initially sent to the Clippers and is unlikely to convey, so the cash included in the deal is the primary return for the Pels.
JULY 29: The Clippers are adding a late-round selection by trading with the Pelicans for the No. 51 pick, tweets Shams Charania of The Athletic. L.A. is using the pick to draft Kentucky guard Brandon Boston Jr.
New Orleans will receive cash and a future second-round choice in return, according to Andrew Lopez of ESPN (Twitter link).
The pick originally belonged to the Grizzlies and was included a trade that was agreed to earlier this week, but can’t be finalized until after the moratorium ends. The Clippers also acquired the No. 33 pick tonight in a trade with the Magic.
Boston, 19, played just one season with the Wildcats, averaging 11.5 points and 4.5 rebounds in 25 games.
The Pelicans have officially announced a pair of previously–reported trades, having combined their acquisitions of center Jonas Valanciunas and point guard Devonte’ Graham into a single transaction involving both the Grizzlies and Hornets. Memphis and Charlotte have put out press releases as well.
The details of the three-team deal are as follows:
- To Pelicans:
- Valanciunas (from Grizzlies)
- Graham (sign-and-trade; from Hornets)
- The draft rights to Trey Murphy (No. 17 pick; from Grizzlies)
- The draft rights to Brandon Boston (No. 51 pick; from Grizzlies)
- Note: Boston will be rerouted to the Clippers in a subsequent trade.
- To Grizzlies:
- Eric Bledsoe (from Pelicans)
- Steven Adams (from Pelicans)
- The draft rights to Ziaire Williams (No. 10 pick; from Pelicans)
- The draft rights to Jared Butler (No. 40 pick; from Pelicans)
- Note: Butler will be rerouted to the Jazz in a subsequent trade.
- The Lakers’ 2022 first-round pick (top-10 protected; from Pelicans)
- To Hornets:
- Wesley Iwundu (from Pelicans)
- The Pelicans’ 2022 first-round pick (top-14 protected; from Pelicans)
- Note: If the Pelicans’ 2022 first-rounder falls in the top 14, the Hornets will instead receive New Orleans’ 2022 and 2024 second-round picks, per Rod Boone of SI.com.
- Cash (from Pelicans)
- The draft rights to Tyler Harvey (from Grizzlies)
The details of the three-team trade essentially line up with what was previously reported, with two new pieces added — Iwundu going from New Orleans to Charlotte and Harvey’s draft rights going from Memphis to Charlotte. Harvey was presumably only included to ensure that the Grizzlies and Hornets were “touching,” since otherwise Memphis would only have been exchanging assets with the Pelicans.
Looping their sign-and-trade acquisition of Graham into the trade suggests the Pelicans will operate over the cap, using Bledsoe’s and Adams’ outgoing salaries in order to match both Valanciunas and Graham instead of signing Graham into cap space.
As Bobby Marks of ESPN notes (via Twitter), it also allows New Orleans to generate a $17MM+ trade exception in the deal. Only Bledsoe’s and Iwundu’s outgoing salaries are needed for matching purposes to take on Valanciunas and Graham, meaning the Pelicans’ new TPE is worth Adams’ salary ($17,073,171).
Graham reportedly signed a four-year, $47MM contract with the Pelicans as part of the trade. He and Tomas Satoransky appear set to play the majority of the minutes at point guard in New Orleans, barring further roster changes. The team is sending Lonzo Ball to Chicago in a separate sign-and-trade deal.
Graham made just 37.7% of his field goal attempts in 2020/21, but his three-point mark was a very respectable 37.5%. In addition to his ability to make threes, Graham is an above-average play-maker (6.5 APG over the last two seasons) and a respectable defender.
Swapping out Adams for Valanciunas should allow the Pelicans to improve their frontcourt spacing. Valanciunas isn’t exactly a long-distance marksman, but has a solid mid-range game and will shoot the occasional three-pointer, which should create more room for Zion Williamson to operate. The former No. 5 overall pick averaged an impressive 17.1 PPG and 12.5 RPG with a .592/.368/.773 shooting line in 62 games (28.3 MPG) this past season.
From the Grizzlies’ perspective, the deal was a way to improve their draft assets in both 2021 and 2022 as a result of their willingness to take on Adams’ and Bledsoe’s pricey contracts. The team moved up from No. 17 to No. 10 to snag Williams, and later flipped the No. 40 pick (Butler) to Utah in a separate trade to move up to No. 30 for Santi Aldama.
[RELATED: 2021 NBA Offseason Trades]
The Hornets, meanwhile, decided to move on from Graham and got a protected first-round pick from New Orleans in exchange for waiving their right to match an offer sheet for the restricted free agent. Iwundu’s guaranteed $1.82MM salary for 2021/22 will eat up a small amount of Charlotte’s cap room, but the team will still have enough flexibility to complete its signing of Kelly Oubre to a two-year deal in the range of $12-13MM per year.
The five-team trade the Spurs are involved in continues a trend of the teamstockpiling draft picks, Tom Orsborn of the San Antonio Express-News notes. The Spurs will gain a 2022 second-round pick along with Chandler Hutchison from the Wizards in the agreed-upon multi-team swap, highlighted by the Lakers’ acquisition of Russell Westbrook. San Antonio is also acquiring three picks – a first-rounder and two second-rounders – in the DeMar DeRozan sign-and-trade with the Bulls.
We have more from the Southwest Division:
- The Mavericks were among the teams interested in Clippers forward Nicolas Batum before he agreed to re-sign with Los Angeles, Marc Stein of Substack tweets. The Warriors also checked in on Batum before he chose to take a two-year deal with a player option from the Clippers.
- The Mavericks have officially announced the promotion of Michael Finley to assistant GM/VP of basketball operations, the team’s PR department tweets. Finley will work under new president of basketball operations Nico Harrison in his expanded front office role.
- Warriors coach Steve Kerr is ecstatic that one of his former assistants, Willie Green, got the Pelicans‘ head coaching job and believes he’ll have little trouble growing into the role, Kerr told William Guillory of The Athletic. “There’s just kind of this quiet dignity and intelligence about him that the players will really appreciate,” Kerr said. “And then I think, like all coaches, he’s going to have to find his voice and find his style. I’m sure he’s going to hire a great staff to help him do that. And he’ll grow into the job, but I think he’ll be fantastic.”
Reggie Jackson is getting a lot of interest on the free agent market after his strong playoff run, but the Clippers remain hopeful about re-signing him, tweets Jordan Schultz of ESPN.
Jackson, 31, is coming off a strong season and playoff run with the Clippers — he topped 20 points nine times during the playoffs and shot a career-high 43.3% from three-point range last season. Los Angeles holds his Early Bird rights and can offer him a starting salary worth up to nearly $10.4MM.
Money will be a key factor in Jackson’s decision, according to Schultz (via Twitter), who adds that the Pelicans may be a “sleeper team” in the race for the veteran point guard. New Orleans general manager Trajan Langdon is known to be a fan of Jackson.
There’s more news on free agency:
- After completing a trade for Ricky Rubio, the Cavaliers are still searching for another point guard, writes Chris Fedor of Cleveland.com. Sources tell Fedor that Cleveland has looked at Raul Neto, who played for the Wizards last season, and Brad Wanamaker, who finished the season with the Hornets. Fedor lists a few other names still on the market, such as Frank Ntilikina, Ryan Arcidiacono, Tim Frazier, Jeff Teague, Elfrid Payton and Mike James. The Cavs still have their $9.5MM mid-level exception left, along with the flexibility to open spots on the roster.
- Neto is among the backcourt options the Suns might consider in completing their roster, tweets John Gambadoro of Arizona Sports 98.7. Some others are Elfrid Payton, Dante Exum, Quinn Cook and Ryan Arcidiacono. Up front, Phoenix will likely look at Paul Millsap and possibly Isaiah Hartenstein, although Gambadoro isn’t sure about a potential reunion with Aron Baynes (Twitter link).
- The Wizards have remade their roster in the past week, but the major moves may be done for now, according to Fred Katz of The Athletic (Twitter link). He notes that the Spencer Dinwiddie trade will leave Washington too close to the luxury tax line to consider using its mid-level exception.
The Pelicans have reached a deal with veteran coach Mike D’Antoni that will make him a coaching consultant to Willie Green and his staff in 2021/22, sources tell Adrian Wojnarowski of ESPN. The plan is for D’Antoni to periodically spend time with the Pelicans’ coaching staff during Summer League, training camp, and the season, according to Wojnarowski.
Word broke last week that D’Antoni, who spent last season as an assistant on Steve Nash‘s staff in Brooklyn, would be stepping away from his role with the Nets. However, reports at the time indicated that he wasn’t retiring and still hoped to land a head coaching job in the future.
D’Antoni, whose most recent head coaching gig was with the Rockets up until 2020, has coached five different NBA teams and ranks 21st on the league’s all-time list with 672 regular season wins. However, at age 70, he may be running out of time to get another shot. Only two head coaches in NBA history – including current Spurs coach Gregg Popovich – have held that role into their 70s, according to HoopsHype.
Meanwhile, the Pelicans are also hiring Jarron Collins as an assistant coach, according to Christian Clark of NOLA.com. He’ll be the team’s lead assistant, tweets Marc J. Spears of The Undefeated.
Collins spent the last seven years as an assistant in Golden State, but he and the Warriors agreed to part ways in June. Collins, who has received some head coaching interest in recent years, worked with Green from 2016-19 when both men were members of Steve Kerr‘s staff.
The Pelicans have issued a press release confirming the hirings of D’Antoni – whose title is “coaching advisor” – and Collins. The team will also bring back several other assistants, including Fred Vinson, Teresa Weatherspoon, and Casey Hill.
The Pelicans offered Chris Paul a $100MM contract early in free agency, ESPN’s Brian Windhorst said on today’s episode of The Hoop Collective podcast. Windhorst believes the Pelicans’ offer helped convince the Suns to add a fourth year to their offer — that fourth year is not guaranteed, but it’s not clear if New Orleans’ offer would have been fully guaranteed either.
According to Windhorst, after new Pelicans head coach Willie Green tried to help recruit him, Paul entertained the idea for some time before ultimately committing to the Suns.
Free agent swingman Danny Green has been in contact with the Sixers multiple times over the past two days, according to Harrison Sanford, co-host of Green’s The Green Room podcast (Twitter link).
Sandford said that as of this afternoon, the two sides were nowhere close to a deal, and that the Bucks, Celtics, Bulls and Pelicans have all reached out as well. He adds in a separate tweet that Green has pre-existing relationships with both Ime Udoka of the Celtics and Mike Budenholzer of the Bucks from his time with the Spurs.
We have more free agency rumors:
- The Cavaliers have had some discussions about the possibility of a sign-and-trade for Pelicans restricted free agent forward Josh Hart, sources tell Chris Fedor of Cleveland.com (Twitter link). Without a sign-and-trade agreement, Cleveland would be limited to offering Hart the full mid-level exception, which New Orleans would presumably match.
- Alex Caruso agreed to sign with the Bulls for four years, $37MM, and according to Zach Lowe of ESPN (hat tip to RealGM), the Lakers‘ offer to keep him was nowhere close to what was offered by Chicago. Ramona Shelburne added that – before Caruso agreed to his deal with the Bulls – the Timberwolves inquired about acquiring him in a sign-and-trade that would have included Marc Gasol, but didn’t have any luck.
- According to K.C. Johnson of NBC Sports Chicago (Twitter link), Bulls general manager Marc Eversley was crucial in securing a commitment from DeMar DeRozan, as the two had a long-standing relationship from when Eversley was the assistant general manager for the Raptors. The Bulls’ GM flew to Los Angeles to meet with DeRozan in person and had a “fruitful” two-hour meeting, per Marc J. Spears of The Undefeated (Twitter link).
Derrick Rose had received interest from the Pelicans, Wizards, Bulls, and Heat before re-signing with the Knicks, write Jeff Zillgitt and Mark Medina of USA Today. The USA Today adds that Kyle Lowry signing with the Heat helped usher Rose back to the Knicks and coach Tom Thibodeau. Rose agreed to a three-year, $43MM deal on Monday.
In the same piece, Zillgitt and Medina write that five other teams considered signing Nemanja Bjelica with their mid-level exception, but Bjelica prioritized signing with the Warriors instead. Bjelica agreed to a one-year deal for the veteran’s minimum earlier today.
We have more free agency rumors:
- The Suns have two or three roster spots available, and according to John Gambadoro of Arizona Sports 98.7 FM, they expect to fill those spots with another big man, a ball-handler, and a wing. Gambadoro adds that JaVale McGee‘s agreed-upon deal will use part of the non-tax payer mid-level exception, leaving the remainder for another move.
- Darren Wolfson of SKOR North reports that the Timberwolves have met with RFA Jarred Vanderbilt. The 6’9 power forward is coming off his best season as a pro, averaging 5.4 PPG, 5.8 RPG and 1.2 APG and providing an interesting blend of defense and play-making from the forward spot.
- Georges Niang may be on the Sixers‘ radar as a backup power forward, tweets Keith Pompey of the Philadelphia Inquirer. Niang has had a productive last three years for the Jazz, and would give the Sixers another shooter in the frontcourt.
- Dennis Schröder was seeking $25MM a year when free agency started, according to Marc Berman of The New York Post. Now that Schröder is one of the last point guards left on the market, it’s unclear how much that number has come down.