- The Knicks’ brass has been noticeably quiet since missing out on several top free agents in early July, Marc Berman of the New York Post writes. New York was exceedingly confident that it could land two superstar talents on the open market this summer, but fell short to rival Brooklyn in pursuit of Kyrie Irving and Kevin Durant.
- R.J. Barrett ended summer league exactly the way the Knicks hoped, Berman writes in a different article for The Post. Barrett tallied 21 points, eight rebounds and 10 assists during a 103-87 win over the Wizards on Saturday, showcasing his talents on both ends of the floor.
Marcus Morris‘ decision to join the Knicks after agreeing to an offer from the Spurs will add momentum to a push to shorten the summer moratorium, writes Tim Bontemps of ESPN.
Morris accepted a two-year, $20MM offer from San Antonio on July 6, but changed his mind a few days later when the Knicks agreed to give him $15MM for one season. New York had unexpected money available after renegotiating its deal with Reggie Bullock over health issues.
Bontemps points out that similar concerns arose last summer when Nemanja Bjelica and Yogi Ferrell backed out of respective deals with the Sixers and Mavericks when they got better offers from the Kings.
Although executives that Bontemps spoke to at the Summer League were split in their opinions on these decisions, they are united in their dislike of the six-day moratorium, with one telling him, “It’s just too long.”
In the wake of his free agent odyssey, Morris has decided to change agents, according to Stefan Bondy of The New York Daily News. Morris has parted ways with Rich Paul of Klutch Sports, who is arguably the league’s most powerful agent and helped steer Anthony Davis to the Lakers. A source tells Bondy that Morris refused a three-year, $41MM offer from the Clippers before agreeing to the deals with the Spurs and then the Knicks.
After reaching deals to send Paul George to the Clippers and Russell Westbrook to the Rockets – with a Jerami Grant trade thrown in the middle for good measure – the Thunder have completed one of the speediest tear-downs in NBA history, writes Chris Mannix of Sports Illustrated. Given the club’s lack of playoff success in recent years, that fresh start was needed, according to Mannix, who adds that it’s hard to imagine that Oklahoma City could have gotten more in return for its two stars.
While the Thunder – who haven’t gone through a rebuilding process since moving to Oklahoma City – didn’t necessarily want to start that process now, some members of the organization think it was “necessary, if not overdue,” per ESPN’s Royce Young, who notes that the team privately viewed the 2019/20 season as its “last, best chance at winning a title.”
As Young details, George’s trade request came as a shock, but it could also be viewed as a gift, since the circumstances surrounding it gave the Thunder tremendous leverage in their negotiations with the Clippers. Westbrook didn’t try to change George’s mind, sources tell Young, and less than a week later, Oklahoma City was able to accommodate an exit path for the former MVP as well.
The Rockets were Westbrook’s clear-cut favorite choice, a league source tells Brett Dawson and Michael Lee of The Athletic, and the longtime Thunder point guard had a significant voice in where he landed. While he also appeared open to being traded to the Heat, trade talks between Oklahoma City and Miami had quieted by Thursday, sources tell ESPN’s Zach Lowe.
We already rounded up several Rockets-related notes on Thursday’s blockbuster trade agreement that will land Westbrook in Houston and Chris Paul in Oklahoma City, but here are a few more details worth passing along:
- Although the Thunder likely wouldn’t have sent Westbrook to a lottery team anyway, rebuilding clubs with a hole at point guard (or a general need for star talent) expressed little interest in giving up any real assets of value for him, sources tell Zach Lowe.
- In the immediate aftermath of the George trade, Westbrook viewed the Knicks as a potential landing spot, sources tell Ian Begley of SNY.tv. It’s not known whether New York was on the list of preferred destinations that Westbrook ultimately provided the Thunder, but if OKC was focused on making a move sooner rather than later, it’s a moot point — the Knicks couldn’t have made a deal until December 15. It’s also not clear if New York had more than “lukewarm” interest in the triple-double machine, Begley adds.
- An individual with knowledge of the talks tells Jonathan Feigen of The Houston Chronicle that Westbrook first broached the topic of a possible trade not long after the Thunder were eliminated from the playoffs in the spring. Presumably, if George hadn’t made his own trade request, Westbrook wouldn’t have pushed to be dealt either.
- Westbrook is intrigued by the possibilities that Mike D’Antoni‘s floor-spreading offense could create for him with the Rockets, a source tells Brett Dawson and Michael Lee.
- Having previously reported that the Heat‘s unwillingness to include multiple young players in their offer for Westbrook was a roadblock, Barry Jackson of The Miami Herald says the Thunder’s desire to include Andre Roberson‘s unwanted expiring contract in a deal with Miami was another obstacle. While Chris Paul has been mentioned as a possible alternative for the Heat, Jackson sounds skeptical that Miami would do such a deal without getting back at least one draft pick and dumping unwanted contracts, since acquiring Paul’s huge contract would compromise the team’s ability to pursue star players in future offseasons.
When Kelly Oubre struck a deal with the Suns late on Wednesday night, he represented the last of the players on our list of 2019’s top 50 free agents to reach a contract agreement with a team. However, two of those agreements are in flux.
As we previously relayed, Reggie Bullock and the Knicks are attempting to rework a two-year, $21MM deal that fell apart due to an issue with Bullock’s physical, and Marcus Morris is re-evaluating his two-year, $19MM deal with the Spurs now that New York may have cap room again.
As of Thursday morning, there’s still mutual interest between Bullock and the Knicks in finding a new deal that works, per Ian Begley of SNY.tv. Begley notes that a source told him earlier this week that the Knicks are hopeful of landing Morris, whose veteran presence and toughness intrigues the club. Steve Popper of Newsday adds (via Twitter) that he has heard from people inside and outside the Knicks’ organization who think that Morris will end up in New York.
As we wait for resolution on those two free agents, let’s round up a few more notes from around the Atlantic…
- After agreeing to a new deal with the Sixers as a free agent, forward James Ennis expressed major confidence in the team’s outlook for 2019/20, as Keith Pompey of The Philadelphia Inquirer tweets. “We had a good chance last year. Kawhi (Leonard) is gone. He went to the West,” Ennis said. “So we are going to walk to the Finals in the East.”
- Kevin Durant initially “balked” at the idea of being signed-and-traded to the Nets straight up for D’Angelo Russell, sources tell Brian Windhorst of ESPN. As Windhorst explains, Durant didn’t believe it was a fair deal, presumably because he could have signed outright with Brooklyn using the team’s cap room. The Warriors ultimately ended up including a heavily protected first-rounder in the swap not just to satisfy the Nets, but to satisfy KD, says Windhorst.
- Sources tell Brian Lewis of The New York Post that the Nets‘ newly-added star power could increase Barclays Center revenues by about $40MM through “increased sponsorships, merchandising, and ticket sales.”
- The Knicks do not plan on signing former NBA All-Star big man Amar’e Stoudemire to a contract for the 2019/20 season, reports Marc Berman of The New York Post. Stoudemire worked out for the Knicks and 14 other teams in Las Vegas on Monday. He last played in the NBA for the Heat during the 2015/16 season.
Details on the free agent contracts signed by the Knicks are starting to trickle in, with Bobby Marks of ESPN and Jeff Siegel of Early Bird Rights (Twitter links) providing specifics on Julius Randle‘s three-year deal.
While it was initially reported as being worth $63MM, Randle’s three-year pact with the Knicks has a base value of just $18MM in its first year, per Marks. Those cap hits increase to $18.9MM in year two and $19.8MM in year three, according to Siegel, who notes that the third year is partially guaranteed for just $4MM. The agreement has about $2MM in annual unlikely bonuses which could increase the total value into the $63MM range.
Here are details on a couple more Knicks contracts, as well as some other deals from around the NBA:
- Taj Gibson and Elfrid Payton don’t technically have second-year team options on their respective contracts with the Knicks, but their second-year salaries are only guaranteed for $1MM apiece, according to Siegel (Twitter links).
Frank Ntilikina‘s name has come up increasingly frequently in trade rumors in recent months, with Ian Begley of SNY.tv writing that the Knicks talked to at least one team prior to the draft about trading the former No. 8 overall selection in a deal for an early second-round pick. The Knicks have also discussed moving Ntilkina for a late first-round pick, Begley adds.
Still, Ntilkina remains under contract in New York for now, and told reporters – including Begley – this week that that’s just fine with him.
Assuming the Knicks don’t move Ntilikina before the season begins, he’ll once again face plenty of competition at the point guard spot in 2019/20. Dennis Smith and Kadeem Allen will be back, with Elfrid Payton entering the picture as well. Head coach David Fizdale had Ntilikina play minutes at the two last season, so we’ll if the team tries that again next year.
Here’s more on the NBA’s two New York franchises:
- Russell Westbrook isn’t currently on the Knicks‘ radar, a person familiar with the situation tells Marc Berman of The New York Post. If Westbrook remains on the trade block on December 15, when New York’s offseason signees become trade-eligible, the Knicks could explore that avenue, but the team doesn’t plan on doing so for now, says Berman.
- In an interesting piece for Sports Illustrated, Chris Mannix offers some behind-the-scenes details on the Nets‘ pursuit of Kyrie Irving and Kevin Durant. According to Mannix, the Nets’ medical staff did all the research they could on Durant’s Achilles tear, but had limited information from afar. Days before free agency, GM Sean Marks gathered them and asked for a show of hands on who would be in favor of committing to Durant on a four-year, maximum-salary deal. Every hand went up, per Mannix.
- After signing a new two-year contract with the Nets, Theo Pinson is making his case for a regular-season roster spot, writes Brian Lewis of The New York Post. Pinson’s new deal has a second-year team option, notes Keith Smith of RealGM (Twitter link).
After a flurry of activity during the first 10 days of an especially active 2019 free agent period, only a small handful of teams around the NBA still have any meaningful cap room available.
According to Jeff Siegel’s data at Early Bird Rights and Bobby Marks’ numbers at ESPN, the Knicks, Mavericks, Hawks, Pacers, and Clippers are the only clubs that project to have more than $2MM in leftover cap space.
Here’s a look at those five teams that still project to have a bit more room remaining:
New York Knicks
The Knicks had seemingly exhausted nearly all their cap room based on their reported agreements with free agents. However, one of those deals – Reggie Bullock‘s two-year, $21MM pact – is no longer in place after an issue arose with Bullock’s physical. It sounds like the two sides still plan to work something out, but for now, the team has regained enough flexibility to reportedly offer Marcus Morris $15MM for one year.
The Knicks’ precise cap room projection will depend on how they structured all the deals they finalized earlier this week, but Marks lists them at $15.5MM for now. That space would go away if Morris reneges on his deal with the Spurs and heads to New York. If not, the Knicks will have more cap flexibility than any other team, at least until they reach a new deal with Bullock.
Dallas Mavericks
According to Siegel’s numbers (and my own math), the Mavericks can get up as high as about $14.61MM in cap room. However, there’s no guarantee that Dallas even intends to function as an over-the-cap team this offseason.
So far, the Mavs have acquired Delon Wright via sign-and-trade, agreed to deals with free agents Seth Curry and Boban Marjanovic, and come to terms on new contracts for three of their own players (Kristaps Porzingis, Maxi Kleber, and Dorian Finney-Smith). Only the Wright acquisition is official.
If the Mavs wanted to, they could use cap room to acquire Wright and sign Curry, retain the cap holds for their own free agents, and hold off on the Marjanovic signing — that would create $14.61MM in cap room. Once that room is used, Dallas could go over the cap to lock up Porzingis, Kleber, and Finney-Smith, and then sign Boban using the room exception.
However, Dallas has another potential path — stay over the cap by taking Wright’s contract into a preexisting $21MM+ trade exception created in February’s Harrison Barnes deal, sign Curry using the mid-level exception, sign Marjanovic using the bi-annual exception, and re-sign their own free agents using their Bird or Early Bird rights.
In that scenario, the Mavs would forfeit any potential cap room, but would retain about $12MM of that Barnes trade exception, which could be used at anytime up until February 7, 2020.
Trade exceptions aren’t as versatile as cap room, since they can’t be used to sign free agents outright. However, the trade exception’s shelf life would be longer. If Dallas doesn’t find a way to use cap room now, the team would lose it once it makes its agreements with Porzingis, Kleber, and Finney-Smith official. Those players’ cap holds only account for just over $20MM for now, but their combined first-year salaries are expected to total closer to $40MM.
My best guess is that the Mavs used the Barnes trade exception to acquire Wright, and are now actively exploring the free agent and trade markets to assess whether it makes more sense to dip below the cap or to remain above it.
Atlanta Hawks
The Hawks‘ situation is pretty simple. Once the signing of Jabari Parker is official, Atlanta will have a team salary in the $103-104MM range, giving the club between $5-6MM in cap room to work with. That figure come in at about $5.8MM if Parker’s deal has a standard 5% raise from year one to year two, per Siegel.
The Hawks could create up to $7.2MM in space if they waive Jaylen Adams‘ non-guaranteed contract. It’s not clear yet what their plans are for that remaining space though.
Indiana Pacers
The Pacers‘ projection will hinge on how they intend to sign T.J. McConnell. McConnell’s two-year, $7MM deal, which isn’t yet official, could be completed using the room exception. That would leave the Pacers with about $4.82MM in cap room available right now, which would need to be used before the team finalizes its agreements with McConnell and Edmond Sumner.
If the club simply finalizes those McConnell and Sumner contracts and eats up its remaining cap room, it would still have the full $4.77MM room exception at its disposal.
Los Angeles Clippers
Like the Mavericks, the Clippers have agreed to a series of deals that they’ve yet to make official. That’s probably because they’re trying to determine if they can do anything with their remaining space (up to approximately $3.59MM).
That projection accounts for cap holds for Patrick Beverley, Ivica Zubac, and Rodney McGruder, all of whom will be re-signed. It also takes into account Kawhi Leonard‘s maximum-salary contract, and Danilo Gallinari‘s and Shai Gilgeous-Alexander‘s cap hits, since trading them for Paul George figures to be one of the last moves the Clippers make.
Our Clippers’ projection was at about $4.49MM before the team officially signed second-round pick Terance Mann on Tuesday, adding his cap hit to the books — we’re assuming that contract will start at the rookie minimum, but L.A. had the room to give him more.
Once the Clippers determine what they’ll do with their remaining cap space and officially use it up, they’ll be able to move forward on all those deals, including signing JaMychal Green using the room exception.
Representatives from nearly half of the league’s teams were in attendance for a workout that included former NBA stars Amar’e Stoudemire and Monta Ellis, Chris Haynes of Yahoo Sports tweets.
The Lakers, Clippers, Warriors, Knicks, Thunder, Bucks, Pistons, Kings, Nuggets, Blazers, Magic, Hawks, Wolves and Wizards were all in attendance. Haynes adds that 15 international teams from Europe and Asia also had representatives in Las Vegas for the workout.
Here’s more from around the league:
- The Spurs, Nuggets, and Knicks were all interested in JaMychal Green before the forward re-signed with the Clippers, Jovan Buha of The Athletic writes. Those teams were offering him a more lucrative offer than the one he signed with Los Angeles. The Clippers put on a “full-court press” to retain Green, Buha adds, and the 29-year-old ended up inking a two-year deal worth slightly under $10MM.
- Green has the ability to be a free agent next summer, having secured a player option as part of his deal with the Clippers. Buha (in the same piece) speculates that Green could have commanded a deal in the $10MM+ range this offseason and that the forward should have the opportunity for a similar contract next summer.
- Mo Speights, who played in China last season, is working out for teams in Las Vegas on Wednesday, Marc J. Spears of The Undefeated tweets. Speights last played in the NBA for the Magic during the 2017/18 season.
4:25pm: According to Chris Haynes of Yahoo Sports, there’s still optimism that the Spurs and Morris will finalize their agreement. However, San Antonio has started reaching out to other free agent wings in case Morris decides to join the Knicks, sources tell Haynes.
Chris Mannix of SI.com tweets that Morris has been frustrated because he thought there would be a stronger market for his services. Since his Spurs offer has a second-year player option, he’d have the opportunity to return to free agency in 2020 no matter which team he chooses, but the Knicks’ reported offer would be worth significantly more over one year.
3:45pm: Free agent forward Marcus Morris, who agreed to a two-year deal with the Spurs on Sunday, is now reconsidering that agreement, according to ESPN’s Adrian Wojnarowski and Marc J. Spears (Twitter link).
As Wojnarowski explains, the Knicks project to have extra cap space available now that they’re reworking their initial agreement with Reggie Bullock, and Morris is considering signing with New York.
Jabari Young of The Athletic adds (via Twitter) that the word at Las Vegas Summer League is that there’s a one-year, $15MM deal available to Morris with the Knicks. According to Young, the Spurs – who were on track to sign Morris to a two-year, $19MM deal – are in “real danger” of losing the veteran forward.
If Morris reneges on his commitment to San Antonio, it would be a tough blow for the team, which turned its signing of DeMarre Carroll into a sign-and-trade deal in order to make its mid-level exception available for Morris. The Spurs sent sharpshooting forward Davis Bertans to the Wizards in that sign-and-trade for Carroll.
Should Morris sign with the Knicks, San Antonio would still have its full $9.25MM mid-level exception available, but there probably aren’t any other unrestricted free agents left on the market that would be worth a full MLE commitment.
The Knicks, meanwhile, were said to have significant interest in Morris heading into free agency, but seemingly addressed their power forward position by signing Julius Randle, Bobby Portis, and Taj Gibson.
Signing Morris would add even more veteran depth to their frontcourt, and would presumably exhaust the team’s cap room. In that scenario, perhaps Bullock – who is said to be working on a new deal with the Knicks – would fit into the room exception.
Morris, 29, had a solid year in Boston as the Celtics’ primary starting forward, averaging 13.9 PPG, 6.1 RPG, and 1.5 APG with a .447/.375/.844 shooting line.