New York Knicks Rumors | Hoops Rumors

Carmelo Anthony Considering Adding Portland To Trade List

September 23rd, 2017 at 8:44am CST by marksuleymanov

Just 72 hours before media day, Carmelo Anthony added the Cavaliers and Thunder to the list of teams for which he would waive his no-trade clause. The 12-time NBA All-Star is also “heavily considering” adding the Trail Blazers to the list, according to Marc Berman of the New York Post.

Portland is not a surprising possible destination since Damian Lillard and C.J. McCollum have admittedly been in contact with Anthony this offseason. In a recent interview with Marc J. Spears of The Undefeated, Lillard said Anthony “did not seem opposed” to the idea of playing in Portland. However, the Blazers’ point guard is focused on the upcoming season whether Anthony is on the team or not.

“I’m not giving up on anything. I just think I’ve done what I can do. And camp is a few weeks away,” Lillard said. “And you have to focus on getting ready with who we are, plan on going in as we are.”

Meanwhile, a July 16 Instagram post on McCollum’s account features a photoshopped image of Anthony in a Portland uniform.

Anthony, 33, has not played in the Western Conference since he was dealt from the Nuggets as part the blockbuster 2011-trade bringing him to New York. The Trail Blazers went 41-41 last season, sneaking in as the eighth seed in the Western Conference.

After four straight seasons of losing at least 45 games, Anthony is looking to compete for a championship. That goal, however, may be more attainable with the three-time defending Eastern Conference champion Cavaliers or the Thunder, led by reigning Most Valuable Player, Russell Westbrook.

Anthony Adds Cavs, Thunder To Trade List

September 22nd, 2017 at 10:12pm CST by Austin Kent

10:12pm: The Knicks have been informed that the second of the two new teams on Anthony’s list of preferred trade destinations is Oklahoma City, Ian Begley of ESPN tweets. The Thunder, like the Cavs, would need to send at least $21.1MM back in any transaction.

It’s slightly more difficult to imagine a package coming from the Thunder than it is to envision one from the Cavs. Unlike Cleveland, Oklahoma City lacks a no-brainer appealing asset like the 2018 Nets pick.

A notable risk for any team looking to acquire Anthony, Bobby Marks of ESPN writes, is the fact that he could opt into a 2018/19 player option worth $27.9MM. In either Cleveland or Oklahoma City’s case, that could mean one year of paying a 34-year-old Anthony an exorbitant sum months after losing the core of their current teams (all of LeBron James, Russell Westbrook and Paul George can theoretically leave via free agency next summer).

8:08pm: The list of teams that Carmelo Anthony would approve being traded to now includes at least two other teams, one of which is the Cavaliers, Adrian Wojnarowski of ESPN writes.

The forward has been the subject of trade speculation over the course of the past year but had previously been very selective over the number of teams that he would waive his no-trade clause for.

Earlier today we discussed the fact that Anthony seemed destined to enter training camp with the Knicks after New York failed to find a suitable trade agreement with the Rockets.

Anthony, it’s been reported, had been eager to suit up alongside Chris Paul in Houston and reluctant to consider waiving his clause to appease the Knicks.

Per Wojnarowski, however, when New York’s front office failed to come to terms on a trade with the Rockets, they requested that Anthony’s camp expand their list.

Anthony, nothing but outwardly professional throughout this lingering saga, obliged and added at least two additional teams to his list within the past 10 days.

Wojnarowski writes that the Cavaliers and Knicks have been in touch regarding a possible deal but exact terms or players to be included haven’t been discussed. The Cavs, it’s worth noting, were originally on Anthony’s list last season prior to Houston’s trade to nab Paul earlier this summer.

The Knicks have assembled an intriguing team of young players and are actively seeking to expand their core. It’s said that general manger Scott Perry is looking for a scoring wing to replace Anthony’s production, short-term contracts and draft assets.

While the Cavs do hold Brooklyn’s first-round pick next season, a valuable asset considering the current state of the Nets, they’d have to include several rotation players to accommodate league salary cap rules. As Bobby Marks of ESPN tweets, Cleveland would have to include at least $21.1MM in outgoing contracts to make a deal work.

Knicks Expect Carmelo To Open Camp With Team

September 22nd, 2017 at 9:18am CST by Luke Adams

After a full offseason of trade rumors, Carmelo Anthony remains a Knick, and the club’s brass doesn’t expect that to change within the next few days. Speaking today to reporters, including Ian Begley of ESPN (Twitter link), Knicks president Steve Mills says he expects Anthony to be with the club on Monday for Media Day and on Tuesday for the team’s first practice.

While general manager Scott Perry says the Knicks will “continue to listen” to trade possibilities for Anthony, the team is currently planning to head into the season with Carmelo in its starting lineup, as head coach Jeff Hornacek confirmed today (Twitter links via Adam Zagoria of ZagsBlog).

We’ve heard all summer that Anthony’s preference is to be traded, but Perry and the Knicks expect nothing but professionalism from the veteran forward, and believe he can set a good example for the team’s young players (Twitter links via Begley). Meanwhile, Mills – who confirmed that the team has been in regular contact with Anthony recently – indicated that he doesn’t expect the Knicks’ chemistry to be negatively impacted by the trade rumors surrounding the club’s leading scorer (Twitter links via Begley).

Here’s more out of New York:

Various reports over the offseason, including one this week from Marc Berman of The New York Post, indicated that Hornacek has a strained relationship with Kristaps Porzingis. However, the Knicks head coach said today that his relationship with Porzingis is good, and that he won’t comment on reports that state otherwise.
Hornacek suggested today that rookie Frank Ntilikina could compete for the starting point guard job, but Perry, likening the point guard position to a quarterback in football, cautioned that Ntilkina may need some time to get comfortable in the NBA (Twitter link via Berman).
Joakim Noah has been medically cleared to get back on the court following his rotator cuff injury, per Mills (Twitter link via Zagoria). Now that he’s been deemed healthy enough to play, Noah will open the regular season by serving the remaining 12 games on his 20-game suspension.
Based on Hornacek’s comments today, it sounds like the Knicks’ offense will change significantly, with the triangle no longer the focus, tweets Begley.

Michael Beasley Eager To Play Alongside Melo

September 21st, 2017 at 6:31pm CST by Austin Kent

If Michael Beasley was brought in specifically to replace Carmelo Anthony in the Knicks lineup, it’s news to him. The forward is eager to play alongside the 14-year veteran. “Listen, Carmelo’s been like my mentor,” Beasley told Steve Popper of USA Today. “If you watch my game, really watch my game, my jab series, all that, I’m literally just Carmelo on the left side of the floor. Like I’ve known Carmelo since I was 13 years old, one of my best friends, one of the best players I’ve ever met. Me and him are from the same area. I can’t wait to play with him.”

NBA Teams That Can’t Offer More Than The Minimum

September 20th, 2017 at 4:01pm CST by Luke Adams

At this point in the NBA offseason, most free agents who remain on the open market will have to settle for minimum salary contracts, if they receive an NBA offer at all.

There are some exceptions, particularly on the restricted free agent market, where Mason Plumlee just signed a three-year, $41MM deal with the Nuggets. Within the last week or two though, we’ve seen top remaining unrestricted free agents like Shabazz Muhammad, Tony Allen, and Andrew Bogut settle for minimum salary contracts.

That’s good news for several teams who have used all their available cap room and/or exceptions and can only offer minimum salary contracts for the rest of the 2017/18 league year. They won’t necessarily be at a disadvantage when it comes to signing free agents if those players aren’t being offered more than the minimum by teams with the means to do so.

In some cases though, an inability to offer more than the minimum can handicap a team. Dante Cunningham‘s free agent decision this week reflects this — according to multiple reports, the deal Cunningham agreed to with the Pelicans is actually worth $2.3MM, which is more than his minimum salary of $2.1MM. While we haven’t seen the official terms of Cunningham’s new contract yet, it’s possible that the $200K difference was one reason Cunningham chose New Orleans over a suitor like the Timberwolves, who could only offer the minimum.

Teams with the flexibility to offer more than the minimum could also benefit later in the NBA season. For instance, if Dwyane Wade negotiates a buyout with the Bulls and considers which team to join as a free agent, the fact that the Heat have retained their $4.328MM room exception could be a factor — it would allow Miami to make a stronger offer than the Cavs could.

With that in mind, here’s a breakdown of the teams that currently don’t have the ability to offer more than the minimum salary, which is $815,615 for a first-year player:

Boston Celtics
Detroit Pistons
Golden State Warriors
Houston Rockets: $350 of mid-level exception available
Los Angeles Clippers: $774,770 of mid-level exception available
Memphis Grizzlies: $1,440,385 of mid-level exception available, but will use at least $815,615 to sign Ivan Rabb.
Minnesota Timberwolves
New York Knicks
Oklahoma City Thunder

Meanwhile, the following teams have less than $3.29MM (the value of the bi-annual exception) to offer to free agents:

Cleveland Cavaliers: $2,549,143 of taxpayer mid-level exception available
Utah Jazz: $1,128,000 of room exception available
Washington Wizards: $1,902,000 of taxpayer mid-level exception available

Of course, just because a team has an exception available, that doesn’t mean the club will be eager to use it. Teams like the Bucks or Pelicans, for instance, still have various MLE and BAE exception money available, but their proximity to the luxury tax threshold will make them reluctant to offer more than the minimum salary to anyone the rest of the way.

For a full breakdown of how teams have used their mid-level, room, and bi-annual exceptions for the 2017/18 league year, be sure to check out our MLE tracker and BAE tracker.

Carmelo Anthony's Camp Still Hopeful For Trade

September 20th, 2017 at 2:53pm CST by Luke Adams

It appears all but certain at this point that the Knicks will begin training camp with Carmelo Anthony still on their roster, but Anthony’s camp is holding out hope that the team can get a trade done before Monday, writes Frank Isola of The New York Daily News. According to Isola, Anthony and his family have “mentally” moved to Houston, having believed that the Knicks would get a deal done with the Rockets.

Unless the Knicks were bluffing all offseason about their unwillingness to take Ryan Anderson‘s contract in a trade with the Rockets, it doesn’t seem likely that the two teams will get a deal done in the coming days, so we’ll see what happens if and when Anthony has to report to camp with the Knicks.

Knicks Notes: Beasley, Anthony, Rambis, Jack, Triangle

September 19th, 2017 at 8:48pm CST by marksuleymanov

The Knicks unveiled one of their latest signings, journeyman Michael Beasley, during a press conference at their Westchester training facility on Tuesday. Beasley, a former second overall pick from the 2008 draft class, is confident as he joins his fifth team in six seasons, Marc Berman of the New York Post writes.

Beasley, 28, averaged 9.4 PPG and 3.4 RPG in 56 games (six starts) with the Bucks last season. It was Beasley’s first season playing more than 55 games since his 2012/13 campaign with the Suns. Beasley feels that if Carmelo Anthony stays, and the rest of the team performs up to expectations, the Knicks can be a “five, six seed” in the Eastern Conference.

“Tim Hardaway Jr., Carmelo Anthony, Kristaps Porzingis and myself — those are four guys that can score 25 points per game,’’ Beasley said. “Then you add in Lance Thomas, Kyle O’Quinn, Joakim Noah — let’s not forget about that All-Star,” Beasley said. “It’s up to us to put it together just like it was up to them last year. Whatever happened last year is what happened. But I’m here now, and I’m going to do everything I can to get everyone on the same page, even if that page is beating me up every day in practice.”

As we wait to see whether Beasley and the Knicks can deliver on his optimistic forecast, here are a few more Knicks notes:

In a separate story, Berman of the New York Post, dubbing Beasley as a possible Anthony replacement, notes that Knicks assistant coach Kurt Rambis played a role in bringing Beasley to New York. Beasley played under Rambis in Minnesota, and he confirmed that his former coach “had a lot to do” with him joining the Knicks, per ESPN’s Ian Begley (Twitter link).
After missing most of the last two seasons, 13-year veteran Jarrett Jack signed a deal with the Knicks last week. As Al Iannazzone of Newsday writes that the veteran likes the Knicks’ 2017 first-round pick, Frank Ntilikina. “He’s a solid kid, man,” Jack said. “Really, really can play. Really long arms, really active defensively. Great size. Just looking forward to giving him all the game that I’ve gotten over these 13 years.”
Berman of The New York Post writes that early indications are that the triangle offense may be a thing of the past, as expected after Phil Jackson‘s departure. The aforementioned Jack, who spoke to reporters about his experience at voluntary workouts, said that coach Jeff Hornacek has not mentioned the offensive scheme once.
Whether Anthony stays or traded elsewhere, his Knicks future is a no-win situation, Moke Hamilton of Basketball Insiders writes.

NBA’s Board Of Governors To Examine Revenue Sharing System

September 19th, 2017 at 12:15pm CST by Luke Adams

ESPN’s Zach Lowe and Brian Windhorst have published an expansive and well-researched report on NBA teams’ finances, providing details on the league’s revenue sharing system, the impact from national and local television deals, and how a lack of net income for NBA franchises could push the league toward considering relocation or expansion.

The report is wide-ranging and detailed, so we’re going to tackle it by dividing it up into several sections, but it’s certainly worth reading in full to get a better picture of whether things stand in the NBA. Let’s dive in…

Which teams are losing money?

Nine teams reportedly lost money last season, even after revenue sharing. Those clubs were the Hawks, Nets, Pistons, Grizzlies, Magic, Wizards, Bucks, Cavaliers, and Spurs. The latter two teams – Cleveland and San Antonio – initially came out ahead, but paid into the league’s revenue sharing program, pushing them into the red.
Meanwhile, the Hornets, Kings, Pacers, Pelicans, Suns, Timberwolves, and Trail Blazers also would have lost money based on net income if not for revenue sharing, according to Lowe and Windhorst.
As a league, the NBA is still doing very well — the overall net income for the 30 teams combined was $530MM, per ESPN. That number also only takes into account basketball income, and doesn’t include income generated via non-basketball events for teams that own their arenas.
The players’ union and its economists have long been skeptical of NBA teams’ bookkeeping, alleging that clubs are using techniques to make themselves appear less profitable than they actually are, Windhorst and Lowe note. The union has the power to conduct its own audit of several teams per season, and it has begun to take advantage of that power — according to ESPN, the union audited five teams last season, and the new CBA will allow up to 10 teams to be audited going forward.

How does the gap between large and small market teams impact income?

Even after paying $49MM in revenue sharing, the Lakers finished the 2016/17 with a $115MM profit in terms of net income, per ESPN. That was the highest profit in the NBA, ahead of the second-place Warriors, and could be attributed in large part to the $149MM the Lakers received from their huge local media rights deals.
On the other end of the spectrum, the Grizzlies earned a league-low $9.4MM in local media rights, which significantly affected their bottom line — even after receiving $32MM in revenue sharing, Memphis lost money for the season. The Grizzlies will start a new TV deal this year that should help boost their revenue, but it still won’t come anywhere close to matching deals like the Lakers‘.
The biggest local TV deals help drive up the NBA’s salary cap, with teams like the Lakers and Knicks earning in excess of $100MM from their media agreements. According to the ESPN report, the Knicks made $10MM more on their TV deal than the six lowest-earning teams combined.
As one owner explained to ESPN, “National revenues drive up the cap, but local revenues are needed to keep up with player salaries. If a team can’t generate enough local revenues, they lose money.”
Playoff revenue from a big-market team like the Warriors also helps push up the salary cap. Sources tell Lowe and Windhorst that Golden State made about $44.3MM in net income from just nine home playoff games last season, more than doubling the playoff revenue of the next-best team (the Cavaliers at about $20MM).

How is revenue sharing affecting teams’ earnings?

Ten teams paid into the NBA’s revenue sharing system in 2016/17, with 15 teams receiving that money. The Sixers, Raptors, Nets, Heat, and Mavericks neither paid nor received any revenue sharing money. Four teams – the Warriors, Lakers, Bulls, and Knicks – accounted for $144MM of the total $201MM paid in revenue sharing.
While there’s general agreement throughout the NBA that revenue sharing is working as intended, some teams have “bristled about the current scale of monetary redistribution,” according to ESPN. “The need for revenue sharing was supposed to be for special circumstances, not permanent subsidies,” one large-market team owner said.
The Grizzlies, Hornets, Pacers, Bucks, and Jazz have each received at least $15MM apiece in each of the last four years via revenue sharing.
However, not all small-market teams receive revenue-sharing money — if a team outperforms its expectations based on market size, it forfeits its right to that money. For instance, the Thunder and Spurs have each paid into revenue sharing for the last six years.

Why might league-wide income issues lead to relocation or expansion?

At least one team owner has raised the idea of expansion, since an expansion fee for a new franchise could exceed $1 billion and it wouldn’t be subject to splitting 50/50 with players. A $1 billion expansion fee split 30 ways would work out to $33MM+ per team.
Meanwhile, larger-market teams who aren’t thrilled about their revenue-sharing fees have suggested that small-market clubs losing money every year should consider relocating to bigger markets, sources tell ESPN.
As Lowe and Windhorst observe, the Pistons – who lost more money than any other team last season – are undergoing a relocation of sorts, moving from the suburbs to downtown Detroit, in the hopes that the move will help boost revenue.

What are the next steps? Are changes coming?

The gap between the most and least profitable NBA teams is expected to be addressed at the NBA’s Board of Governors meeting next week, per Lowe and Windhorst. Team owners have scheduled a half-day review of the league’s revenue sharing system.
Obviously, large- and small-market teams view the issue differently. While some large-market teams have complained about the revenue sharing system, they’re outnumbered, with smaller-market teams pushing those more successful clubs to share more of their profits, according to ESPN.
Trail Blazers owner Paul Allen is one of the loudest voices pushing for more “robust” revenue sharing, sources tell ESPN. Some team owners have argued that the system should ensure all teams make a profit, while one even suggested every team should be guaranteed a $20MM profit. There will be “pushback” on those ideas, Lowe and Windhorst note. “This is a club where everyone knows the rules when they buy in,” one owner said.
On the other end of the spectrum, some teams have floated the idea of limiting the amount of revenue sharing money a team can receive if it has been taking payments for several consecutive years.
Any change to the revenue sharing system that is formally proposed at the NBA’s Board of Governors meeting would require a simple majority (16 votes to 14) to pass.

Boeheim: Phil Jackson Should Have Traded Anthony

September 17th, 2017 at 11:49am CST by Arthur Hill

Carmelo Anthony‘s college coach says Phil Jackson should have traded the Knicks star before being fired in June, relays Adam Zagoria of Zagsblog. “I think in reality it would’ve been better if they let Phil make the trade and then got rid of him,” said Jim Boeheim of Syracuse. “Now the new guys are going to be held responsible for the deal and nobody’s going to give much up [for Anthony in a trade]. So they’re going to end up not getting a lot for him and it’s really because of what Phil did in poisoning the air.”

In his latest mailbag, ESPN’s Kevin Pelton examines Anthony’s rating of 64th in the network’s list of top 100 players and explains why it’s justified. He shows that the Knicks forward’s usage and efficiency rates have declined steadily since 2012/13.

Knicks Sign Jarrett Jack To Non-Guaranteed Contract

September 15th, 2017 at 12:17pm CST by Austin Kent

SEPTEMBER 15, 12:17pm: Jack has officially signed his one-year, non-guaranteed contract with the Knicks, sources tell Ian Begley of ESPN.com (Twitter link).

SEPTEMBER 14, 4:10pm: The Knicks have agreed on a deal with veteran point guard Jarrett Jack, Michael Scotto of Basketball Insiders writes. The deal is said to be a one-year, non-guaranteed pact.

We wrote just last week that the Knicks were in the market for a veteran point guard, supposedly considering a number of options ranging from Jack to Trey Burke and Archie Goodwin. Already rostered on the squad are Ramon Sessions and promising – but raw – lottery pick Frank Ntilikina.

Where Jack slots into the Knicks’ plans remains to be seen. The deal that Scotto reports is non-guaranteed, so it’s possible that the club will simply gauge Jack’s effectiveness through training camp. The 33-year-old has been ravaged by injuries since the first half of the 2015/16 season.

If Jack can establish himself as reliably healthy – a potentially significant “if” – he could potentially slot into the starting position ahead of Sessions, a career backup. If Jack ends up getting released, Sessions and second-year man Ron Baker could share the role until Ntilikina is ready to assume the top spot, which may not happen this season.

Through 12 seasons, including 343 starts, Jack has averaged 11.0 points and 4.5 assists per game. Aside from a two-game stint with the Pelicans last season, Jack’s last stint saw him post 12.2 and 5.4 across two seasons with the Nets.