Knicks Rumors

Bobby Portis Uninterested In Knicks Buyout

Backup Knicks big man Bobby Portis told a scrum of reporters today that he does not want to lose one cent of the two-year, $30.75MM contract he signed with New York last summer, according to Marc Berman of the New York Post.

The Knicks have a team option on the $15.75MM second season of the deal, and with Leon Rose and Scott Perry now calling the shots in Manhattan, the team may not exercise the option, effectively making Portis a free agent in 2020.

“I’m 24 years old,” Portis told reporters, despite his disappointing Knicks season. “I’m not doing a buyout. I’ll make as much money as I can for my family. (I’m) 24. Not even thinking about a buyout at 24. I’ll probably set a record as [the] first guy to do a buyout at 24. It’s just not even in the equation.”

For the record, Portis turns 25 tomorrow. Make of that what you will.

Portis’ fellow Knicks veteran, shooting guard Wayne Ellington, is considering a buyout request from the two-year, $16MM contract he signed with New York last summer. Only $1MM of Elllington’s $8MM salary next season is guaranteed.

Portis is averaging 9.4 points, 5.2 boards, and a -2.2 box plus-minus across his 53 games played for New York this season. Chicago drafted the jump-shooting Knicks power forward/center with the No. 22 pick out of Arkansas in 2015, before eventually trading him to the Wizards at the 2019 trade deadline. He was one of several big men to sign with New York last summer.

NBA G League Assignments/Recalls: 2/8/20

Here are Saturday’s G League assignments and recalls from around the league:

Wayne Ellington Considers Buyout With Knicks

Wayne Ellington is talking to his agent, Mark Bartlestein, about working out a buyout deal with the Knicks, according to Marc Berman of The New York Post.

The 32-year-old shooting guard has appeared in just 25 games after signing as a free agent over the summer.  His $8MM salary for next season is partially guaranteed for just $1MM, so his days in New York appear numbered.

“There will be a decision to make,’’ Ellington said at today’s shootaround. “I’m just listening to my agent at this point. I come in here, come into work every single day like it’s a normal day. Listen and get advice and take it from there.’’

The Knicks are expected to accommodate Ellington if he decides he wants out, Berman adds. Ellington’s playing time has been cut significantly since Mike Miller took over as interim head coach and Reggie Bullock returned from injury. The team showcased him a little bit on Thursday against the Magic, and Ellington responded with 12 points in 18 minutes.

Berman suggests the Lakers, who Ellington spent the 2014/15 season with, could have some interest.

“There’s a lot of stuff out there,’’ Ellington said. “There’s a lot of different things floating around for options. It’s part of the business. It’s part of the game. There’s nothing imminent right now. There’s nothing for sure. I’m going to keep pushing forward. We won three games in a row, try to keep that going.’’

Berman shares a few more buyout tidbits in his story:

  • The Knicks could have obtained rookies Terance Mann and Mfiondu Kabengele along with Maurice Harkless in Thursday’s trade that sent Marcus Morris to the Clippers, but they opted for Harkless and a package of draft picks because they wanted to avoid waiving players right away. New York has a full 15-man roster and would have needed to open two spots before the deal could have been finalized. Berman suggests that management is either counting on saving money with buyouts or just wants the veterans to stay for leadership.
  • Bobby Portis, another Bartlestein client, is also a buyout candidate. The Knicks have a $15.75MM team option next season on Portis, who was reportedly included in a trade offer to the Warriors for D’Angelo Russell.
  • Buying out Ellington would give the Knicks a better chance to evaluate Damyean Dotson before he enters free agency this summer.

23 Trade Exceptions Generated In Deadline Deals

As we explain in our glossary entry on the NBA’s trade rules, teams that complete a “non-simultaneous” deal can create what’s called a traded player exception. These are salary cap exceptions a team can use anytime during the following calendar year to acquire one or more players whose salaries are no greater than the amount of that exception (plus $100K).

A number of the traded player exceptions created at the 2019 trade deadline expired this week without being used, but nearly two dozen new TPEs were generated as a result of the trades completed at this year’s deadline. They’ll expire next February, so they could be used during the offseason or sometime next season.

The full list of traded player exceptions created this week is below, sorted by amount. The player whose departure helped generate the TPE is noted in parentheses. The full list of available trade exceptions can be found right here.

In addition to the traded player exceptions from the deals completed on February 6, this list includes the exceptions created on February 5 in the four-team trade involving the Hawks, Timberwolves, Rockets, and Nuggets.

It doesn’t include trade exceptions generated in deals earlier this season, such as the $7,069,662 TPE the Trail Blazers got when they sent Kent Bazemore to Sacramento in a five-player trade. Again, the full list of current TPEs can be found here.

If you have any questions or corrections, please let me know in the comment section below.

Salary information from Basketball Insiders and Early Bird Rights was used in the creation of this post.

Knicks Notes: Monk, DSJ, D-Lo, Rose, Payton, More

Before Steve Mills was removed from his position as the Knicks‘ president of basketball operations, there was some internal support for a potential trade with the Hornets that would have sent Malik Monk to New York, according to Ian Begley of SNY.tv.

Begley notes that Dennis Smith Jr. would’ve gone to Charlotte in the deal, though it’s not clear what other pieces would have been involved on either side. Both Smith and Monk were prospects the Knicks passed over in the 2017 draft for Frank Ntilikina.

Within his roundup of the Knicks’ deadline discussions, Begley also says that before Mills’ departure, there were members of the organization that felt as if they’d made “significant progress” toward a D’Angelo Russell trade with the Warriors.

We don’t know exactly how those talks played out, so it’s hard to say whether that confidence was warranted. But for what it’s worth, Sam Amick of The Athletic reported on Wednesday that none of New York’s offers had been “even remotely appealing” to Golden State. One of the Knicks’ proposals included Bobby Portis, Allonzo Trier, Ntilikina, and presumably some form of draft compensation, sources tell Begley.

Here’s more on the Knicks:

  • Marc Berman of The New York Post takes a look at the Knicks’ impending hire of agent Leon Rose as their new head of basketball operations, citing one NBA executive who said, “MSG and CAA have been in bed for years. This shouldn’t be surprising.”
  • Berman notes in his article on Rose that the veteran agent is tight with Kentucky head coach John Calipari. However, Calipari said today that he has no plans to become the Knicks’ next coach, according to Kyle Tucker of The Athletic (Twitter link). Calipari said he’d help Rose in any way he can — “It just wouldn’t be to coach.”
  • One decision Rose will face this summer will be on Elfrid Payton‘s $8MM non-guaranteed salary for 2020/21. Berman examines the factors that will go into that decision, pointing out that Payton is a CAA client.
  • In an interview on Showtime’s “All the Smoke,” Kevin Durant was once again asked about his free agency decision last summer. As Brian Lewis of The New York Post details, Durant replied that he didn’t seriously consider any teams beside the Nets. “I looked at other places — the Clippers, I took a peek at the Knicks just to do my due diligence — but I really wanted to play for the black and white,” Durant said.

Pistons Trade Andre Drummond To Cavaliers

9:21pm: It’s a done deal, with the Cavaliers and Pistons both issuing press releases to confirm the trade. Detroit announced in a separate release that, as expected, Frazier has been waived to make room on the roster for the incoming players.

1:19pm: The Cavaliers are finalizing a trade with the Pistons that will see them acquire center Andre Drummond, a league source tells ESPN’s Adrian Wojnarowski (Twitter link).

According to Kevin O’Connor of The Ringer (via Twitter), Detroit will receive Brandon Knight and John Henson, both of whom are on expiring contracts. Cleveland will also send the Pistons a second-round pick, per O’Connor.

The pick will be the lesser of Cleveland’s 2023 own pick or the 2023 second-rounder Golden State owes the Cavaliers, Chris Fedor of Cleveland.com tweets.

Drummond, the league’s premier rebounder, holds a $28.75MM option on his contract for next season and he’s expected to opt out and test a weak free agent market. The Pistons reportedly were prepared to retain Drummond after talks with the Hawks and Knicks fell through but ultimately decided to move on and go into rebuild mode. Detroit was looking for a first-round pick for Drummond but settled on the second-rounder, along with those expiring contracts.

The modest haul for Drummond was surprising but Detroit’s front office wanted to avoid the possibility of Drummond opting in, O’Connor adds in another tweet. It also gives Cleveland the opportunity to see how Drummond meshes with the young backcourt of  Collin Sexton and Darius Garland.

The Pistons will now have approximately $35MM in cap space this summer, Bobby Marks of ESPN tweets. Cleveland will be close to the cap if Drummond opts in or re-signs with the starting salary in the $29-$30MM range, Marks adds.

Knight is making approximately $15.64MM and Henson has a $9.73MM contract, so the Pistons will shave some money off this year’s cap. They were perilously close to the luxury tax line prior to the proposed deal. Detroit was less than $4,000 under the tax line but moves to $1.7MM under the threshold via this trade, according to Marks (Twitter link).

Drummond has a $857K trade bonus that will be applied to his $27.1MM cap hit for this season, Marks relays in another tweet. Drummond, who has spent his whole career with Pistons since being chosen in the 2012 lottery, is averaging 17.8 PPG and an NBA-best 15.8 RPG this season.

The Pistons will have to open up a roster spot before making the trade official since it is at the 15-man limit. It’s likely that Tim Frazier, who has served as the No. 3 point guard behind Derrick Rose and Reggie Jackson, will be waived unless Detroit makes another trade, Vince Ellis of the Detroit Free Press tweets.

Photo courtesy of USA Today Sports Images.

D’Angelo Russell’s Trade Market Was Not Robust

With over a year of speculation that D’Angelo Russell would end up on the Timberwolves, he is finally there. The team gave up a lightly protected first-rounder, in addition to a second-round selection and Andrew Wiggins in exchange for the former No. 2 overall pick.

Outside of Minnesota, the market for Russell wasn’t robust, according to Zach Lowe of ESPN (podcast). The Knicks were rumored to have interest in the guard, but New York was the only other team with an offer for Golden State, per Sean Deveney of Heavy.com.

While it seemed like a deal wouldn’t happen because the two sides were far apart in value, the Wolves did not relent. The franchise remained determined to acquire Russell and continued to look for ways to do so, even speaking with other teams about taking on Wiggins, as I recently reported. In the end, the Warriors were happy to take on Wiggins and the picks for a player whose skillset overlapped with their star point guard, Stephen Curry.

Russell joined the Warriors via the Kevin Durant sign-and-trade over the summer. The franchise surrendered their 2020 first-round pick (protected 1-20) to Brooklyn to accommodate the sign-and-trade. Since it won’t convey this year, that pick will turn into a 2025 second-rounder.

Clippers Acquire Marcus Morris In Three-Team Trade

7:37pm: The Clippers, Wizards, Knicks have issued press releases officially announcing this three-team trade sending Morris to the Clips.

Meanwhile, Mike Vorkunov of The Athletic clarifies (via Twitter) that the Knicks only have the rights to swap their own 2021 first-round pick with the Clippers’ 2021 first-rounder — New York can’t swap Dallas’ 2021 first-rounder selection for L.A.’s.

1:45pm: The Clippers and Knicks have reached an agreement on a trade that will send Marcus Morris to Los Angeles, sources tell Shams Charania of The Athletic (Twitter link). According to Marc Berman of the New York Post, the return for Morris will feature Maurice Harkless and multiple draft picks, including the Clippers’ 2020 first-rounder.

The deal will also include a third team, according to ESPN’s Adrian Wojnarowski (Twitter link), who reports that the Wizards will acquire Jerome Robinson from the Clippers, sending Isaiah Thomas to L.A.

The Knicks will get Detroit’s 2021 second-round pick from the Clippers, as well as the right to swap first-round picks with the Clippers in ’21, reports Ian Begley of SNY.tv (via Twitter). That pick swap will have top-four protection, adds Ohm Youngmisuk of ESPN (via Twitter). Draft-and-stash prospect Issuf Sanon will also go to New York (from Washington), tweets David Aldridge of The Athletic.

When Charania previously reported that the Knicks and Clippers were in serious discussions about Morris, Jovan Buha of The Athletic suggested that Los Angeles was offering Harkless, Mfiondu Kabengele, Terance Mann and its 2020 first-round pick. The final package for the Knicks is heavier on draft assets than NBA players, with Kabengele and Mann remaining in L.A.

Morris, 30, is having a career year in New York, with averages of 19.6 PPG and 5.4 RPG to go along with a .442/.439/.823 shooting line in 43 games (32.3 MPG). The Knicks were initially believed to be leaning toward keeping him and trying to re-sign him in free agency this summer, but changed course following Steve Mills‘ removal from the president of basketball operations role earlier this week.

Morris will join a talented Clippers frontcourt that features star forwards Kawhi Leonard and Paul George. According to Chris Haynes of Yahoo Sports (via Twitter), the team plans to start all three players when everyone’s healthy, alongside Patrick Beverley and Ivica Zubac.

The Lakers were among the other teams with interest in Morris, but were reportedly unwilling to include both Kyle Kuzma and Danny Green in a potential deal.

Photo courtesy of USA Today Sports Images.

Mavericks Attempted To Acquire Danny Green

As the trade deadline approached, it seemed Marcus Morris was heading to Los Angeles one way or another; it was just a matter of if it was going to be the Lakers or the Clippers. It ended up being the latter in a deal that saw Maurice Harkless and a 2020 first-round pick, among other pieces, head to New York.

[RELATED: Clippers to acquire Marcus Morris in three-team trade]

Had the Lakers found success with obtaining Morris, the Mavericks would have attempted to take Danny Green off their hands, according to Brad Townsend of the Dallas Morning News (Twitter links).

As Ramona Shelburne of ESPN tweets, New York was looking to acquire both Kyle Kuzma and Green in talks with the Lakers, who would have had to salary-match Morris’ $15M contract. The Knicks would’ve then flipped Green to Dallas. However, the Lakers were unwilling to part with both Kuzma and Green.

Dallas pursued Green over the summer. The shooting guard decided to sign with the Lakers over Mark Cuban‘s squad. He’s making $14.6M this season and will take home $15.4M next year.

To trade for Green, the Mavericks would have had to give up Courtney Lee‘s expiring contract and Golden State’s 2020 second-round draft pick, a source tells Townsend (Twitter link). That pick currently projects to be 31st overall.

Buyout Rumors: Ellington, Jackson, Jazz

Veterans on the trading block that teams were unable to move by Thursday’s deadline could still wind up with other teams. Below are updates on some of those players:

  • The Knicks will look into buying out shooting guard Wayne Ellington, Ian Begley of SNY-TV tweets. Ellington signed a two-year, $16MM contract with New York last summer but the second year is only guaranteed for $1MM. Ellington, 32, has appeared in just 24 games this season, averaging 4.0 PPG in 14.1 MPG. He’s a 37.7% career shooter from beyond the arc.
  • A buyout of point guard Reggie Jackson is an option for the Pistons but is termed “premature” for the time being, Yahoo Sports’ Vince Goodwill tweets. Jackson, who is making over $18MM in the final year of his deal, has missed a good chunk of this season with a back ailment. He is close friends with Andre Drummond, who is headed to Cleveland.
  • The Jazz will be one of the contenders scouring the buyout market both domestically and internationally, Tony Jones of The Athletic tweets. Utah explored several deals the past two days but couldn’t find one that made sense, Jones adds.
  • The Cavaliers are apparently uninterested in buying out center Tristan Thompson. Get the details here.