Knicks Rumors

Timberwolves Rebuffing Inquiries On Jimmy Butler

Despite Jimmy Butler having requested a trade out of Minnesota, the Timberwolves continue to show no desire to trade their All-NBA wing. As ESPN’s Adrian Wojnarowski reports, rival executives who have called the Wolves’ front office to inquire on Butler are being told that Minnesota views him as an elite player and plans to keep him.

Since word of Butler’s trade request broke, reports have repeatedly suggested that head coach and president of basketball operations Tom Thibodeau has shown little to no interest in moving his star swingman. While it’s possible that the Timberwolves’ stance is a negotiating tactic to regain some leverage, Wojnarowski observes that Minnesota hasn’t even shown interest in hearing what prospective trade partners would hypothetically offer for Butler.

Butler reportedly prefers to be dealt to the Clippers, Knicks, or Nets, with Wojnarowski suggesting that the four-time All-Star has prioritized the Clips and Knicks over Brooklyn. Still, there are number of teams around the NBA with interest, according to Jon Krawczynski of The Athletic, who tweets that not all of those clubs would need assurances that the 29-year-old would sign long-term. Still, they won’t get a chance to put an offer on the table for Butler at all as long as Thibodeau and the Wolves insist they’re hanging onto him.

If the Timberwolves are serious about keeping Butler, it will be fascinating to see how it affects their extension talks with Karl-Anthony Towns. As Dan Feldman of NBC Sports relays, Darren Wolfson of 1500 ESPN said on a podcast this week that Towns wants the Wolves to “figure out” the Butler situation before committing to a huge new deal.

“I’m led to believe that a big reason why he hasn’t signed it is that he – through his agent, Leon Rose – went to the Wolves and said, ‘Hey, I can’t coexist with Jimmy. Do something about it,'” Wolfson said. “So, figure out the Jimmy situation. On top of that – whether it’s right or wrong – this is the way he feels, that it’s been Jimmy and Thibs ganging up on him.”

While Thibodeau is adamantly opposed to trading Butler, team owner Glen Taylor intends to be involved in the decision-making process along with Thibodeau and GM Scott Layden, league sources tell Wojnarowski. It remains to be seen if Taylor will have a different view on how to handle Butler’s trade request.

Knicks Notes: Porzingis, Fizdale, Butler, Noah

During a meeting with the media today, Knicks GM Scott Perry declined to comment on his strategy for negotiating an extension with Kristaps Porzingis , tweets Ian Begley of ESPN. Porzingis is eligible for a five-year, $157MM extension now, but New York could save about $10MM in cap space by waiting to get the deal done next summer. That money could prove to be important for a team that plans to be a major player in the 2019 free agent market.

Team president Steve Mills told the media that Porzingis knows he’s a cornerstone of the franchise, regardless of when extension talks are held, Begley notes. Porzingis, who suffered a torn ACL in February, is meeting with team doctors this week to discuss a realistic timetable for his return.

There’s more today out of New York:

  • Despite the injury to Porzingis and a lackluster summer of free agency, the Knicks plan to remain as competitive as possible this year, coach David Fizdale added (Twitter link). He said the first thing Perry and Mills told him in his interview is that they would never intentionally tank a season.
  • When asked about a possible trade for Jimmy Butler, Mills reiterated his commitment to not skipping steps in the development process (Twitter link). That means the Knicks aren’t likely to pull the trigger on a big deal now when they have the cap room to offer a max contract next summer. Butler included the Knicks on the list of preferred locations he gave to the Timberwolves.
  • Perry said the front office is hoping to reach a “resolution” soon with veteran center Joakim Noah, tweets Marc Berman of The New York Post. The team is talking to Noah’s representatives in hopes of working out a deal to part ways. The Knicks reportedly plan to use the stretch provision on the final year of Noah’s contract if trade or buyout talks prove unsuccessful.

Atlantic Notes: Butler, Burke, Lowry, Theis

The Knicks are committed to a long-term rebuilding plan, but a chance to get Jimmy Butler at a bargain price might change their minds, writes Marc Berman of The New York Post. New York was one of three preferred locations Butler gave to Timberwolves officials today when he asked to be traded. The Nets and Clippers, also big-market teams, were the other two.

Knicks president Steve Mills provided a window into the team’s thinking Monday when he said the team wouldn’t give up valuable assets in exchange for a player about to enter free agency. Butler expressed a willingness to re-sign with any of the three teams on his list, although he’s going to want a five-year max deal.

Butler’s impending free agent should help drive down the price and could force Minnesota to take far less than his normal value. Berman suggests Courtney Lee would be part of any offer, along with Tim Hardaway if the Knicks feel good about their chance to attract Kyrie Irving in free agency next summer. Berman warns that their reluctance to part with first-round picks or point guard Frank Ntilikina will make it difficult for the Knicks to get a deal done.

There’s more from the Atlantic Division:

  • The Knicks will have a three-way battle for the starting point guard spot in training camp and Trey Burke is confident that he’ll come out on top, Berman writes in a separate story. Burke, Ntilikina and Emmanuel Mudiay, who all saw significant playing time last season, will be in an open competition for starting honors when camp opens next week. “I think all three point guards go in with the right mentality,” Burke said. “We know we’re going to be competing with each other. We also know we’re on the same team and we’ll be making each other better while we’re competing. That’s win, win, win. We’re all looking forward to it. I know I am.”
  • Raptors president Masai Ujiri understands the strong friendship between Kyle Lowry and DeMar DeRozan, but he doesn’t expect the trade that split up Toronto’s longtime backcourt to have any effect on Lowry’s play, relays Doug Smith of The Toronto Star“That [trade] was a blow to him,” Ujiri said. “I think basketball-wise Kyle is always ready, he’s always going to be ready, he’s training hard and he’ll be ready.”
  • Celtics center Daniel Theis made amazing progress as a 3-point shooter before a meniscus injury cut short his season in March, notes A. Sherrod Blakely of NBC Sports Boston. Theis was just 5 for 26 [19.2%] from long distance from October to December, but improved to 13 of 32 [40.6%] over the rest of the year. Theis has fully recovered from surgery and is expected to be cleared for all basketball activities by the start of camp.

Latest On Jimmy Butler

With training camps around the corner, the NBA rumor mill has sprung back into action today, as word broke that four-time All-Star Jimmy Butler is seeking a trade out of Minnesota. Butler even has a few specific destinations in mind, having reportedly told the Timberwolves that he’d have interest in being dealt to the Nets, Knicks, or Clippers.

In his full report on the Butler situation, ESPN’s Adrian Wojnarowski provides several more tidbits on the All-NBA wing, so let’s dive in and round up the highlights…

  • Butler’s list of preferred landing spots could expand based upon the willingness of the Timberwolves and rival teams to negotiate a deal, league sources tell Wojnarowski.
  • For now, Tom Thibodeau and the Timberwolves have little interest in dealing Butler, preferring to keep him and attempt to make a deeper playoff run in 2018/19, says Wojnarowski. Thibodeau’s “tenuous” status with team owner Glen Taylor may play a part in that stance, according to Woj, who notes that it would be tough for Minnesota not to take a step backward in the short term by trading Butler.
  • Butler is into the idea of playing a central role for a big-market club, per Wojnarowski. The Lakers are a less appealing option now that LeBron James is on the roster, since Butler would be playing second fiddle there.
  • The Clippers, Nets, and Knicks have varying levels of interest in Butler, each “prioritizing him in different ways,” writes Wojnarowski. All three teams will have substantial cap room next summer, so acquiring Butler (who will have a $30MM+ cap hold) could hinder their ability to pursue other stars.
  • According to Wojnarowski, the Heat are another team with interest in Butler. Going after him in free agency likely won’t be an option for Miami, since the club doesn’t project to have cap space in 2019.
  • While initial reports suggested that there were teams with whom Butler would be willing to sign an extension, Wojnarowski clarifies that the former Bull wants to be sent to a team that would plan on re-signing him to a five-year max contract as a free agent in 2019. Such a deal is currently projected to be worth nearly $190MM — it remains to be seen if any team would make such a huge investment in a player who will be 30 years old when he reaches free agency.

Timberwolves’ Jimmy Butler Requests Trade

1:25pm: The Nets, Knicks, and Clippers are Butler’s three preferred destinations, reports ESPN’s Adrian Wojnarowski (via Twitter).

12:48pm: Timberwolves All-NBA swingman Jimmy Butler has requested a trade, league sources tell Jon Krawcznyski and Shams Charania of The Athletic. According to the duo, Butler has given Minnesota a list of one to three teams with which he’d be open to signing a long-term extension, informing the Wolves that he doesn’t intend to sign a new deal with the team next summer.

Butler, who spent the first six years of his NBA career with the Bulls, was traded to the Timberwolves during the 2017 offseason and helped the club snap its 13-year postseason drought in the spring. Despite being limited to 59 games due to injuries, Butler earned All-Star and All-NBA Third Team nods in 2017/18, averaging 22.2 PPG, 5.3 RPG, 4.9 APG, and 2.0 SPG while playing strong perimeter defense.

Although Butler enjoyed a strong individual season and the Wolves took strides toward title contention, there were whispers throughout the year about tension among the club’s stars. A report in July suggested that Butler was “all but fed up with the nonchalant attitude of his younger teammates,” including Karl-Anthony Towns. Earlier this week, we heard that Towns may be postponing his contract extension decision until he sees what happens with Butler.

Still, Krawcyznki hears that possible issues with Towns and Andrew Wiggins have “very little, if anything,” to do with Butler’s trade request. It’s more to do with contractual matters, Krawczynski adds (via Twitter).

Butler is technically under contract for two more years, but he’ll have an opportunity to hit the open market in 2019 by turning down his player option. If the Wolves expect him to jump ship at that point – and there have been rumors that he’s interested in playing alongside Kyrie Irving – then it makes sense to gauge the trade market for him before then. However, head coach and president of basketball operations Tom Thibodeau has been “resistant” to the idea of moving his star wing, tweets Krawczynski.

Butler, who informed the Wolves of his stance during a meeting on Tuesday to discuss his future, already turned down a contract extension offer from the team earlier this offseason. As we noted at the time, Minnesota is limited to offering four new years worth just over $100MM at this point — the club could go much higher with its offer in free agency, when Butler would be eligible for a five-year contract worth up to a projected $190MM. If he signs with a new club, Butler would be limited to approximately $141MM over five years.

If Butler is traded, his Bird rights would be traded along with him, so his new team would gain the ability to offer a five-year contract worth an estimated $190MM. Those may be the “contractual matters” Krawczynski is alluding to. It’s also possible Butler would be more willing to consider an extension prior to free agency if he joins a team on his wish list. CBA restrictions would prevent him from being eligible for that four-year, $100MM+ extension for six months after being traded though.

From the Timberwolves’ perspective, moving on from Butler may alleviate some long-term cap concerns, as carrying maximum contracts for Wiggins, Towns, and Butler beginning in 2019/20 might not have viable. Of course, it won’t be easy for Minnesota to recoup fair value for its four-time All-Star now that his trade request has been leaked publicly.

As for the teams that may be of interest to Butler, it’s safe to say that his short list probably includes at least one or two big-market clubs. Joe Vardon of Cleveland.com (Twitter link) hears from a source that Butler is likely interested in the Knicks. A report last month indicated that Butler would consider the Lakers in free agency.

However, Knicks president Steve Mills just talked about not wanting to surrender big trade packages for players that may be available in free agency, and the Lakers don’t really have the salaries necessary to make a Butler deal work at this point. The Lakers – and many more teams around the NBA – will be in a better position to make deals when various trade restrictions lift after December 15.

Photo courtesy of USA Today Sports Images.

Courtney Lee Says He’s Not Seeking Trade

Responding to rumors that he’s seeking a trade out of New York, veteran swingman Courtney Lee tells Ian Begley of ESPN.com (Twitter link) that he’s happy to be a Knick, refuting the idea that he prefers to be dealt. According to Begley, Lee has not expressed a desire to be moved.

A story from Marc Berman of The New York Post jump-started the Lee rumor mill, though for what it’s worth, Berman’s report doesn’t say that the 32-year-old wants to be traded. If he gets traded, Berman writes, Lee’s preference would be to join a playoff team or contender. According to the Post scribe, the Knicks have explored the trade market in search of a possible Lee deal.

Trading Lee would make sense for the Knicks, who aren’t expected to be in the playoff mix this season with Kristaps Porzingis still recovering from his ACL tear. Lee, who will turn 33 next month, is under contract for two more years, but probably isn’t part of New York’s long-term plans, and he’s coming off one of his best seasons, meaning his trade value should be higher than in the past.

In 76 games (30.4 MPG) in 2017/18, Lee averaged 12.0 PPG on .454/.406/.919 shooting, chipping in 2.9 RPG, 2.4 APG, and 1.1 SPG. While he might not be a difference-maker for a contending team, Lee is the sort of three-point marksman on the wing that many playoff clubs could use.

While it remains to be seen if the Knicks will push to move Lee before the season or at the trade deadline, the franchise has been sending some subtle signals this season that he’s not a future building block.

A Knicks Instagram post in August on the “Future of New York” featured a montage of nine players, including Trey Burke, Emmanuel Mudiay, and Lance Thomas, but didn’t include Lee. Earlier this week, new head coach David Fizdale referred to Thomas as a “natural” lader, but didn’t mention Lee, who was a co-captain last season alongside Thomas.

Knicks Determined To Stick To Long-Term Plan

The Knicks have a plan in place, one that doesn’t involve taking shortcuts or making decisions that don’t align with long-term goals. Team president Steve Mills reiterated that the franchise won’t deviate from that blueprint, as Marc Berman of The New York Post relays.

“We’re going to build this team the right way,” Mills said when asked during a “town hall” forum with some of the team’s season holders if the Knicks would trade for any notable 2019 free-agents-to-be. “We’re not going to trade assets that we can get on our own later. … We’re not taking shortcuts. We’re not going to trade our draft picks. We believe New York will buy into a plan.”

Kyrie Irving has long been rumored to be on the team’s radar. Jimmy Butler seems destined for a new team, as he’s meeting with the Wolves today to discuss his future with the club. Kemba Walker, a New York native, is also scheduled to be a free agent. The Knicks believes it’s too early to know which star would be the best fit.

“Our main focus is the ’18/19 season,” GM Scott Perry added. “As much as we talked about having cap space, we are trying not to get too far ahead of ourselves. This team requires our undivided attention. I understand fans drifting to the future. Part of my job and Steve’s job is to stay grounded. We’ll deal with that class next summer when that arises.’’

The Knicks haven’t made the playoffs since the 2012/13 season and Mills understands that fans, especially those from the Big Apple, are getting impatient.

You have a reason to be skeptical,” Mills said to the season-ticket holders. “All we can do is by demonstrating what we do. We’re sticking with the plan. Since Scott’s been aboard, we’ve been true to what we said we’d do. I’m a New Yorker. I don’t want what happened in the past to happen again.”

Latest On Kristaps Porzingis

Kristaps Porzingis spent much of the summer in Spain rehabbing as he recovers from a torn ACL, but he has remained in close contact with the Knicks.

“KP is engaged — we’re in a good place with him,” team president Steve Mills said of the former No. 4 overall pick during a recent “town hall” forum with season-ticket holders (via Marc Berman of The New York Post).

Mills was asked if having Porzingis sit out for the entire season was the best course of action for the team to take with its top player.

“Our goal is not to do anything that jeopardizes KP’s future as being one of the foundational pieces of this team,” Mills said. “…. We’ll have some medical evaluations of him this week, and we’ll start to develop [what] the right plan is for him, his plan to come back. But we’re not going to do anything that jeopardizes the future of this franchise. We’re going to be consistent and stay true to that.”

The Knicks can offer Porzingis an extension worth approximately $158MM over five years prior to the start of the 2018/19 season. It’s unlikely he’ll receive such as offer, as the team plans to preserve its cap space in hopes of luring at least one max player. Kyrie Irving, Jimmy Butler, and Kemba Walker are among the players who will be unrestricted free agents after the season.

New York will be able to go over the cap to sign Porzingis to a new deal next summer.

Northwest Rumors: Butler, Porter, Thunder, Aminu

The Nets, Knicks, Nuggets, Sixers and Lakers are potential landing spots for Jimmy Butler if the Timberwolves decide to trade him before he hits free agency next summer, Frank Urbina of HoopsHype opines. Butler is reportedly meeting with Minnesota’s brass on Monday to discuss his future with the organization. The Nets could offer a package featuring the Nuggets’ top-12 protected 2019 first-round pick, as well as defensive-minded wing Rondae Hollis-Jefferson, while Denver could make either Jamal MurrayGary Harris and Michael Porter Jr. the centerpiece in a deal for the All-Star wing, Urbina adds.

We have more from around the Northwest Division:

  • Porter is trying to return to full strength after two back surgeries and there’s no guarantee he’ll play this season, Christopher Dempsey of the team’s website writes in a player profile. The Nuggets will keep him on the sidelines until they’re convinced the rookie forward won’t have any setbacks. There’s no timetable on when he will be ready to make his debut, Dempsey adds.
  • Defense will be the Thunder’s biggest strengths this season, according to Basketball Insiders’ season preview of the team. The return of Andre Roberson from his knee injury and the subtraction of Carmelo Anthony give the Thunder five above-average-to-elite defenders in their lineup. Oklahoma City’s biggest issue is closing out games but without the chemistry issues caused by trying to fit Anthony in with Russell Westbrook and Paul George, its performances in the clutch should also improve this season.
  • Trail Blazers forward Al-Farouq Aminu and center Jusuf Nurkic have returned to Portland after competing in regional FIBA World Cup qualifiers last week, according to Casey Holdahl of the team’s website. Aminu helped Nigeria go 3-0 during the tournament but Bosnia and Herzegovina went winless in two games despite the efforts of Nurkic.
  • Shooting guard Darius Johnson-Odom has remained in Minnesota to work out following his recent tryout with the Timberwolves, Darren Wolfson of KSTP tweets. He could still be added to the training camp roster, Wolfson adds.

Steve Mills, Knicks Actively Embrace Patience

It’s hard to be patient when building a team under the spotlight of New York City, Knicks president Steve Mills is acutely aware of just that. Still, after 45 years without a title and two particularly disappointing decades, the club is going to try it out.

I believe [Knicks] fans will accept a team that has a plan and you stick with it and if you deliver players, you do have some hope,” Mills told Steve Popper of Newsday. “[…] We think we have something we can see is different as long as we have the patience to stick to it.

Among other things, the Knicks will need to wait for Kristaps Porzingis to return from a knee injury months into the 2018/19 season and hope for progress out of raw 2017 lottery pick Frank Ntilikina.

  • There are less than 10 days until training camp begins. Currently, two Atlantic Division teams have maxed out their rosters at 20. The Knicks, Raptors and 76ers all have one more space to fill. Check out our list of NBA roster counts for the rest of the league, broken down by team.