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Nets, Cavs Have Discussed Okoro, Finney-Smith

July 29th, 2024 at 7:54am CST by Luke Adams

As the Cavaliers consider various scenarios involving restricted free agent forward Isaac Okoro, one option they’ve explored is a sign-and-trade deal with the Nets, according to Michael Scotto of HoopsHype.

Sources tell Scotto that, while no agreement is imminent, Brooklyn is considered a possible sign-and-trade destination for Okoro. Veteran Brooklyn wing Dorian Finney-Smith – who is known to be a potential Cavaliers target – has come up in discussions between the two teams involving Okoro, Scotto confirms.

With the Nets hitting the reset button to some extent, adding the 23-year-old Okoro on a longer-term deal may be a better fit for the organization than retaining the 31-year-old Finney-Smith, who can reach unrestricted free agency next summer if he declines his 2025/26 player option.

The Nets are one of several teams to have expressed some sign-and-trade interest in Okoro, Scotto writes, adding that the former Auburn standout could potentially earn an annual salary north of the mid-level exception ($12.8MM) if a sign-and-trade comes to fruition.

Recent reporting indicated that the Cavs have made Okoro a multiyear offer that would pay him less than his $11.8MM qualifying offer on an annual basis — that offer is estimated to be in the range of $8-10MM per year. However, Scotto hears that rival teams believe Cleveland would be prepared to match an offer sheet up to about the full non-taxpayer mid-level.

The Cavaliers are approximately $9.7MM below the luxury tax line, with at least two roster spots to fill, so re-signing Okoro and remaining out of the tax would require him to accept a starting salary slightly below $8MM. A higher starting salary – including his $11.8MM qualifying offer – would push team salary into tax territory.

It’s unclear if staying out of the tax is a priority for Cleveland this season, given that the team projects to above that line next season (and beyond) once Evan Mobley‘s new maximum-salary extension takes effect, Scotto writes. If the club brings back Okoro and wants to avoid the tax for one more year, trading a player like Caris LeVert or Georges Niang could be an option, Scotto speculates, though he notes that Niang is close with Donovan Mitchell, while LeVert is an important part of the second unit. Okoro himself could become a trade candidate later in the season too.

In Scotto’s view, the worst-case scenario for the Cavs would be for Okoro to accept his one-year qualifying offer, since that would give him trade veto rights for the 2024/25 season and he could potentially leave for nothing next summer. For that reason, Scotto expects the Cavs to either come to terms on a multiyear deal with the former No. 5 overall pick or to find a sign-and-trade scenario they like.

Kevin Durant Available For Team USA’s First Game

July 28th, 2024 at 9:55am CST by Arthur Hill

After missing the entire exhibition slate due to a strained right calf, Kevin Durant has been cleared for Team USA’s Olympics opener today against Serbia, tweets Shams Charania of The Athletic. Durant will be used off the bench, Charania adds (Twitter link).

Durant had been trending toward playing after being sidelined for several weeks with the injury. Head coach Steve Kerr said earlier this week that Durant’s status would be a mutual decision with input from the training staff, Durant’s representatives, Suns officials and Durant himself.

Durant was considered “day-to-day” for exhibition games Monday and Wednesday in London. He didn’t take the floor in either contest, with Kerr saying he preferred to see how Durant’s calf responded to back-to-back practices and a scrimmage.

Durant is hoping to become the first player to ever win four Olympic basketball gold medals. He led the team in scoring in the 2012, 2016 and 2020 Games and is the top scorer in U.S. Olympic men’s basketball history. He also captured gold in the 2010 FIBA World Championship.

After today’s opener, Team USA will face South Sudan on Wednesday and Puerto Rico on Saturday.

Joe Lacob Reluctant To Trade Jonathan Kuminga, Brandin Podziemski

July 27th, 2024 at 5:18pm CST by Arthur Hill

The Warriors are rumored to be among the teams with the most interest in trading for Jazz forward Lauri Markkanen, but team owner Joe Lacob tells Tim Kawakami of The Athletic that it would be difficult to part with either Jonathan Kuminga or Brandin Podziemski in any deal. Lacob says teams have inquired about both players, but he sees them as future franchise cornerstones.

“We’re extremely high (on Podziemski),” Lacob said. “By the way, so are a lot of other teams that are interested. We get a lot of calls on both him and JK. We do on Moses (Moody), as well, by the way. … I do believe that if you talk about Podz in particular, I said it at the Summer League, I think he has the potential to be an All-Star in this league. And I absolutely believe it. And so does everyone in our organization. I think that JK is in the same boat. He has the potential to be an All-Star in this league. The potential.”

Podziemski showed he was ready for a rotation role in his first season, averaging 9.2 points, 5.8 rebounds and 3.7 assists in 74 games and finishing fifth in the Rookie of the Year voting. Kuminga, who is extension-eligible this summer, has taken longer to develop his game, but he’s coming off a breakthrough season with career highs in virtually every category.

A recent report stated that Golden State hasn’t included Podziemski or Kuminga in its offer for Markannen, instead centering the package around Moody, other contracts and draft assets. That hasn’t been enough to sway Utah, which may not feel a need to move Markkanen before he becomes eligible to renegotiate and extend his contract on Aug. 6.

“I’m not going to get into specifics like that, there’s no way,” Lacob replied when asked if he would be willing to deal Podziemski. “(But) I don’t want to give him up, or JK. We love these guys. And Moses, Trayce (Jackson-Davis). These are good young players.”

Lacob offers more insights in the wide-ranging interview:

On a possible deal with Stephen Curry, who is eligible for a one-year, $62.6MM extension this summer that would push his contract through the 2026/27 season:

“We have not discussed it. He’s busy right now and he should stay busy and focused on that with the Olympics. But if he wants to talk about that, that’s up to him. He’s not said that at all, but if he wants to, we’ll certainly entertain that discussion. … Let’s put it this way, Steph Curry I fully anticipate he’ll be a Warrior for life. I thought Klay (Thompson) was going to be, too, but I was wrong.”

On Curry’s recent comments that he wouldn’t want to stay with the Warriors if they were to become a “bottom feeder”:

“From what I’ve heard, all he said was what you’d expect, I’d think, which is, ‘I want to win.’ And if we were a really bad team, I guess he would rethink, you know, whether he really wanted to finish his career here. But he didn’t expect — that’s not the case and he didn’t expect that to be the case. And certainly from any conversations I’ve had with Steph, and I’m pretty close to Steph, we talk a lot. I think we have a great relationship. I think he’s very comfortable with the path of the franchise and how hard we do try to put a great, as good a product on the court as we can.”

On the loss of Thompson, who had been an important part of the franchise since being drafted in 2011:

“To be frank and honest, Klay made the decision prior to the beginning of free agency and he informed us of it that his intention was to not come back. … He called me and said the same things you heard (at Klay’s Dallas news conference). Klay is an open book. He felt he needed for a variety of reasons to have a fresh start. I would love if Klay had been a Warrior for life. And under a fair and equitable basis, we wanted to try to achieve that very badly. We did achieve it with Draymond (Green) (last summer), a different situation. Steph’s under the contract. So we felt we on a path to do that. It just didn’t work out. … And we had to move on and accept that.”

Suns Unlikely To Retain E.J. Liddell, Eyeing Tyus Jones

July 27th, 2024 at 12:58pm CST by Luke Adams

The Suns‘ trade of David Roddy for E.J. Liddell is a financially motivated deal, as Roddy wasn’t on track to be on the team’s regular season roster and Liddell likely won’t make the cut either, tweets John Gambadoro of Arizona Sports 98.7.

According to Gambadoro (Twitter link), whether Liddell’s $2.12MM is stretched across three seasons or applied solely to the 2024/25 cap, the expectation is that the forward will be waived at some point after he’s officially acquired by Phoenix. That would open up a spot on the team’s projected 15-man regular season roster.

Having already signed Monte Morris earlier in the offseason, the Suns remain on the lookout for point guard help and have their eye on the top option on the market. Gambadoro (Twitter link) hears there’s a “real chance” that the club could land Tyus Jones, adding that a deal could materialize quickly if the veteran free agent decides he’s willing to accept a minimum-salary contract, which is all Phoenix can offer.

As Gambadoro explains, Jones could get more money from at least a couple other interested teams, but joining the Suns would give him the chance to play a significant rotation role for a club with championship aspirations.

Jones’ landing spot has been a popular subject of speculation for a couple weeks, as he’s easily the highest-ranked unrestricted free agent on our top-50 list who remains unsigned. The 28-year-old is coming off a season in which he established new career highs in field goal percentage (48.9%), three-point percentage (41.4%), points per game (12.0), and assists per game (7.3) for the Wizards.

Most of the teams with money left to spend and a roster spot available aren’t projected to be contenders, so Jones may have to decide between accepting a more lucrative offer from a likely lottery team or settling for a minimum-salary deal from the Suns or another would-be contender. If he signs for the minimum, I’d expect him to get a second-year player option so that he’d have the ability to try his luck on the open market again in 2025.

Phoenix’s three stars – Kevin Durant, Devin Booker, and Bradley Beal – are all relatively ball-dominant, but none of them are true point guards, so the Suns entered the offseason looking for a veteran capable of organizing the offense. They landed Morris relatively early in free agency, but continued to be linked to other point guards, including Kyle Lowry, who ended up back in Philadelphia. Adding both Jones and Morris on minimum-salary deals would be a big win for the organization if it comes to fruition.

Pacers Sign Tristen Newton To Two-Way Deal

July 27th, 2024 at 11:52am CST by Dana Gauruder

The Pacers have signed second-round pick Tristen Newton to a two-way contract, according to Scott Agness of Fieldhouse Files (Twitter link).

The floor leader for national champion UConn, Newton appeared in five Summer League games in Las Vegas, averaging 9.0 points, 4.6 assists, 3.8 rebounds and 1.2 steals in 21.6 minutes.

Newton, 23, started all 40 games for the Huskies this past season and averaged 15.1 points, 6.6 rebounds and 6.2 assists. He was taken with the 49th overall pick in the draft.

Newton was one of four UConn starters selected in the draft. He’ll provide more backcourt depth for Indiana.

Newton joins Quenton Jackson, who was re-signed this weekend, on two-way deals. That leaves Indiana with one more available two-way spot. The team still has one unsigned second-round pick (Enrique Freeman) and has a two-way qualifying offer out to Oscar Tshiebwe.

Nuggets Sign Russell Westbrook To Two-Year Deal

July 26th, 2024 at 10:11pm CST by Luke Adams

10:11pm: The Nuggets have officially signed Westbrook, according to a team press release.

1:05pm: The Nuggets will sign veteran point guard Russell Westbrook to a two-year contract, according to Shams Charania of The Athletic (Twitter link).

Denver has long been the expected landing spot for the former MVP, but the details of Westbrook’s new deal hadn’t been reported until now. The 35-year-old earn the minimum salary of $3,303,771 in 2024/25, with a minimum-salary player option worth $3,468,960 for ’25/26. He could become a free agent again in a year if he declines that option.

After joining the Clippers on the buyout market in February 2023, Westbrook spent his first full season with the team in ’23/24, shifting to a bench role following the November acquisition of James Harden. In 68 appearances, the nine-time All-Star averaged 11.1 points, 5.0 rebounds, and 4.5 assists in a career-low 22.5 minutes per game, with a shooting line of .454/.273/.688.

Although Westbrook exercised his $4MM+ player option for 2024/25, his camp and the Clippers quickly began working to find a new home for the former UCLA star. The Nuggets, whose star center Nikola Jokic endorsed the pursuit of Westbrook, were immediately identified as the frontrunner but weren’t in a great position to acquire the guard via trade.

Instead, Westbrook was sent to Utah as part of a deal sending Kris Dunn to the Clippers via sign-and-trade. He subsequently agreed to a buyout with the Jazz, clearing the way for him to sign with Denver as a free agent.

Westbrook is on track to serve as Jamal Murray‘s primary backup at the point and will play a significant role next season for a Nuggets team that struggled to find reliable depth outside of its starting five in the playoffs this past spring.

Arbitration Hearing For Timberwolves’ Ownership Dispute Slated For November

July 26th, 2024 at 6:19pm CST by Dana Gauruder

The Timberwolves’ ownership dispute will stretch into next season. An arbitration hearing that would essentially settle the dispute between minority owners Marc Lore and Alex Rodriguez and principal owner Glen Taylor will begin early November, Nick Williams of the Minneapolis Star Tribune reports.

The dispute has been ongoing since the tail end of the regular season. Taylor nixed the previous tiered payment agreement with Lore and Rodriguez, citing a breach of contract. Lore and Rodriguez disputed that characterization, stating that they had the funds necessary to become majority owners but were awaiting NBA approval and should have been entitled to an extension.

The third payment in dispute would increase Lore and Rodriguez’ share from 36% to about 80% and the purchase agreement stipulates that they could buy out Taylor’s remaining 20% stake anytime before March 2025.

The arbitration hearing will last approximately one week, with the ruling from a three-member arbitration panel coming within 30 days, Williams adds. A mediation hearing on May 1 failed to resolve the dispute, automatically moving the issue to arbitration.

If the arbitration panel rules in Taylor’s favor, he’ll retain majority ownership. The panel could also rule Lore and Rodriguez qualified for a 90-day extension, and Taylor must sell them the team or pay monetary damages.

Warner Bros. Discovery Sues NBA; Barkley Listening To ESPN, NBC, Amazon

July 26th, 2024 at 3:04pm CST by Luke Adams

Warner Bros. Discovery, the parent company of TNT Sports, has filed a lawsuit against the NBA, alleging that the league is in breach of contract after it refused to recognize TNT’s right to match Amazon’s offer for NBA broadcast rights, reports Baxter Holmes of ESPN.

The lawsuit was filed in New York Supreme Court. Daniel Wallach of The Athletic (Twitter link) shares a copy of the summons, which states that the NBA has 20 days to respond.

TNT Sports issued a statement confirming it has taken legal action against the NBA (Twitter link via Steve Bulpett of Heavy.com):

“Given the NBA’s unjustified rejection of our matching of a third-party offer, we have taken legal action to enforce our rights. We strongly believe this is not just our contractual right, but also in the best interest of fans who want to keep watching our industry-leading NBA content with the choice and flexibility we offer them through our widely distributed WBD video-first distribution platforms – including TNT and Max.”

According to Holmes, NBA spokesperson Mike Bass responded to the suit by stating, “Warner Bros. Discovery’s claims are without merit and our lawyers will address them.”

A longtime broadcasting partner of the NBA, TNT Sports was given some form of matching rights in their current deal with the league. However, we don’t know the exact terms of those rights or how they’d apply in this case, given that Amazon’s agreement with the league will feature different methods of distribution and a different set of games than TNT’s previous deal. The lawsuit could lead to a settlement between Warner Bros. Discovery and the league, either in the form of other NBA rights or financial compensation.

Meanwhile, Charles Barkley – an analyst on TNT’s popular Inside The NBA studio show – issued a statement calling into question whether the NBA was ever negotiating with the network in good faith (Twitter link via Bleacher Report).

“Clearly the NBA has wanted to break up with us from the beginning. I’m not sure TNT ever had a chance,” Barkley said. “TNT matched the money, but the league knows Amazon and these tech companies are the only ones willing to pay for the rights when they double in the future. The NBA didn’t want to piss them off. It’s a sad day when owners and commissioners choose money over the fans. It just sucks.”

While Barkley has previously stated that he intends to retire as a broadcaster when TNT’s deal expires after the 2024/25 season, he’s drawing serious interest from the NBA’s other media partners – ESPN/ABC, NBC, and Amazon – according to Michael McCarthy of Front Office Sports, who says that both ESPN and Amazon Prime Video are eyeing the entire Inside the NBA panel (Barkley, Ernie Johnson, Kenny Smith, and Shaquille O’Neal).

Speaking on Friday to Andrew Marchand of The Athletic and Dan Patrick of The Dan Patrick Show (Twitter video link), Barkley confirmed that he’s been open to pitches from other networks, saying he’d be “stupid” not to listen, especially if TNT doesn’t fully pay out the rest of his 10-year, $210MM contract with the network. However, he said his plan for now is still to retire.

While Marchand’s sources say that one of the league’s other TV/streaming partners could obtain the rights to the Inside the NBA studio show and simply let them continue working out of their current Atlanta studio, Barkley doesn’t believe that Johnson would leave TNT. He said he hasn’t spoken to Smith or O’Neal about the possibility of extending the show beyond 2025 on a new network, telling Marchand that the plan is to “go out with a bang” next season.

Barkley added that he’s not optimistic anything will come of TNT’s lawsuit.

“The NBA clearly wanted to break up with us,” he told Marchand. “I don’t want to be in a relationship where I have to sue somebody to be in it. That makes zero sense. If you have to sue somebody to stay in a relationship, do you think that is a healthy relationship?”

Latest On Cavaliers RFA Isaac Okoro

July 26th, 2024 at 12:26pm CST by Luke Adams

Nearly four weeks after the NBA’s free agent period opened, Isaac Okoro is the only standard restricted free agent who remains unsigned. And with little cap room still available around the league and few teams seemingly inclined to use their full mid-level exception, the Cavaliers have “a ton of leverage” in their negotiations with the RFA forward, Chris Fedor of Cleveland.com stated in the latest episode of the Wine & Gold Talk podcast (YouTube link).

“The sense that I get in talking to a lot of people around the NBA, I’m not sure what the offer is specifically that the Cavs have made to Isaac, (but) they believe that it’s a fair offer. It’s a multiyear offer,” Fedor said (hat tip to HoopsHype). “It’s what they think he’s worth based on the construction of this particular roster and based on the role that he’s going to have for this roster. I don’t know exactly what the offer is that they have made, but the sense that I get in talking to people around the NBA is that it’s a multiyear offer in the annual range of $8 to $10 million.

“If it gets to a point where Isaac and his people are looking for multiple years around $12 to $15 million, right around the mid-level exception, that’s not a number that the Cavs would be comfortable with moving forward.”

After signing Evan Mobley and Donovan Mitchell to lucrative new long-term extensions this offseason, the Cavs will have three maximum-salary players on their roster beginning in 2025/26. With stricter spending restrictions in effect under the league’s new Collective Bargaining Agreement, the team is wary about committing an annual salary well into the eight figures for a player like Okoro who doesn’t project to be a starter, per Fedor.

As Fedor explains, Cleveland would be comfortable with Okoro accepting his qualifying offer, which would pay him $11,828,974 in 2024/25 and would put him on track for unrestricted free agency next summer. While they’d be reluctant to pay him that amount for several seasons, the Cavs are OK with that number for one year before the rest of the roster gets more expensive.

Okoro, meanwhile, will have to determine whether he likes the idea of betting on himself by taking a higher 2024/25 salary and returning to free agency in about 11 months, or if he prefers the security of a multiyear deal that will pay him a little less next season.

Of course, it would be ideal for Okoro if another suitor swooped in to put pressure on the Cavaliers, but given that no team has emerged to this point to aggressively pursue him, that suitor may not be out there. I’ve speculated a couple times that Detroit would be a fit for the former No. 5 overall pick, given the J.B. Bickerstaff connection, the Pistons’ remaining cap room (approximately $11MM), and the fact that Detroit could afford to be patient with Okoro’s development on offense. But there have been no real indications that the Pistons are interested.

Okoro is an excellent point-of-attack defender whose offensive contributions remain relatively limited. The 23-year-old knocked down a career-high 39.1% of his three-point attempts last season, but that was on low volume (1.2 makes per game), with opposing defenses often sagging off of him.

The Cavs are currently operating about $9.7MM below this season’s luxury tax line, with 12 players under contract. If they sign a minimum-salary player as their 13th man and leave their 15th roster spot open, they could sign Okoro for about $25MM over three years or $34MM over four and remain barely below the tax line. However, the fact that they’re willing to live with Okoro signing his $11.8MM qualifying offer suggests the Cavs aren’t necessarily committed to staying out of tax territory.

Pacers Sign Andrew Nembhard To Three-Year Extension

July 26th, 2024 at 11:39am CST by Luke Adams

JULY 26: Nembhard’s extension with the Pacers is official, according to NBA.com’s transaction log.

JULY 24: The Pacers and guard Andrew Nembhard have agreed to terms on a three-year contract extension, agents Todd Ramasar and Jaafar Choufani tell ESPN’s Adrian Wojnarowski.

The new deal will begin in 2025/26, replacing Nembhard’s team option for that season. According to Wojnarowski, it’ll be worth the maximum amount that the Pacers guard can receive on a three-year extension based on NBA rules (140% of this season’s $12.93MM estimated average salary, with 8% annual raises).

Nembhard will earn a starting salary of approximately $18.1MM in ’25/26 and a total of $58.65MM across the three seasons. The 24-year-old is making a minimum salary of about $2.02MM in the final year of his current contract in ’24/25.

The 31st overall pick in the 2022 draft, Nembhard has started 110 of 143 games for the Pacers since entering the league, posting averages of 9.3 points, 4.3 assists, and 2.4 rebounds in 26.4 minutes per contest, with a shooting line of .467/.353/.797.

While he typically starts alongside star point guard Tyrese Haliburton, the former Gonzaga standout also shares backup point guard duties with T.J. McConnell, taking on additional ball-handling responsibilities when he’s not on the floor with Haliburton.

As Wojnarowski points out, Nembhard was Indiana’s top performer when Haliburton was unavailable in Games 3 and 4 of the Eastern Conference Finals this spring due to an injury. He averaged 28.0 PPG, 9.5 APG, and 5.0 RPG on .564/.538/1.000 shooting in those two single-possession losses to the eventual champion Celtics.

Nembhard’s deal will be the third long-term contract handed out to a key rotation piece by the Pacers this offseason. Pascal Siakam received a four-year, maximum-salary deal, while Obi Toppin signed a four-year, $58MM pact. Haliburton’s five-year max extension, signed in 2023, also takes effect this season.

Nembhard will be suiting up at the Olympics in Paris this summer, providing depth in a loaded Canadian backcourt headlined by Shai Gilgeous-Alexander and Jamal Murray.