Oklahoma City Thunder Rumors | Hoops Rumors

Four-Team Jrue Holiday, Steven Adams Trade Officially Complete

November 24th, 2020 at 9:15am CST by Luke Adams

The Pelicans, Thunder, Bucks, and Nuggets have officially completed the four-team trade that will send Jrue Holiday to Milwaukee and Steven Adams to New Orleans, the Pelicans announced today in a press release.

In total, the mega-deal involves 10 players, five draft picks, and two future pick swaps. The trade breaks down as follows:

Bucks acquire Holiday and the draft rights to Sam Merrill (No. 60 pick; from Pelicans).
Pelicans acquire Adams, Eric Bledsoe, the Bucks’ 2025 first-round pick (unprotected), the Bucks’ 2027 first-round pick (unprotected), and the right to swap first-round picks with the Bucks in 2024 and 2026.
Thunder acquire George Hill, Darius Miller, Kenrich Williams (sign-and-trade), Josh Gray (sign-and-trade), Zylan Cheatham (sign-and-trade), the Nuggets’ 2023 first-round pick (top-14 protected), the Wizards’ 2023 second-round pick (from Pelicans), and the Hornets’ 2024 second-round pick (from Pelicans).
Nuggets acquire the draft rights to RJ Hampton (No. 24 pick; from Bucks).

The deal began when the Bucks and Pelicans reached an agreement on a trade sending Holiday to Milwaukee last week. From there, the Thunder got involved when New Orleans agreed to flip Hill to Oklahoma City in a trade for Adams.

A draft-night deal between the Nuggets and Pelicans that involved the Nuggets’ 2023 first-rounder and the Bucks’ No. 24 pick (sent to New Orleans as part of the original Holiday agreement) was folded in to make it a four-team trade when the Pels agreed to flip Denver’s ’23 pick to OKC as part of the Adams package.

As cap expert Albert Nahmad has pointed out (via Twitter), it’s an intricate, complex transaction that had to make use of a slew of CBA rules. The Pelicans, who are signing Adams to a two-year extension as part of the trade, needed to sign-and-trade Williams, Gray, and Cheatham to Oklahoma City and guarantee most or all of Miller’s $7MM salary in order to abide by salary-matching rules.

Meanwhile, Adams gets a trade bonus worth a little over $2MM as part of the deal, while the Thunder create the largest trade exception in NBA history, worth $27.5MM, per ESPN’s Bobby Marks (Twitter link).

Unfortunately, as Nahmad observes (via Twitter), Oklahoma City will likely have to use that massive TPE immediately to accommodate the acquisition of Al Horford. Still, as John Hollinger of The Athletic writes, the Thunder should come out of their series of transactions with a handful of usable trade exceptions, including one worth $15.4MM.

A full breakdown of this offseason’s trades – including the ones not yet made official – can be found right here.

Photo courtesy of USA Today Sports Images.

Williams, Gray, Cheatham Being Signed-And-Traded To Thunder In Adams Trade

November 22nd, 2020 at 7:28pm CST by Luke Adams

Kenrich Williams, Josh Gray, and Zylan Cheatham will be dealt from the Pelicans to the Thunder as part of the massive multi-team trade that will send Jrue Holiday to Milwaukee and Steven Adams to New Orleans, reports Shams Charania of The Athletic (via Twitter).

The Pelicans needed to send out a little more salary in order to accommodate the incoming contracts of Adams ($27.5MM) and Eric Bledsoe ($16.9MM). Because Williams, Gray, and Cheatham were free agents, they’ll have to be signed-and-traded to be included in the deal.

Sign-and-trade contracts must run for at least three seasons, with a fully guaranteed first year, so being included in the trade will work out well for Williams, Gray, and Cheatham, as Bobby Marks of ESPN notes (via Twitter). They would have been hard-pressed to find fully guaranteed minimum-salary contracts on the open market.

Darius Miller – who is also being sent to Oklahoma City from New Orleans – is another big winner in the swap, as he’ll have his $7MM salary guaranteed for salary-matching purposes.

With all of those players being included in the deal, Adams will no longer be required to waive his trade kicker, worth about $2MM, tweets Marks. That’ll bump the veteran center’s cap hit to about $29.6MM.

As reported by Charania, the blockbuster Holiday/Adams deal currently looks like this:

Bucks to acquire Holiday and the draft rights to Sam Merrill (No. 60 pick; from Pelicans).
Pelicans to acquire Adams, Bledsoe, the Bucks’ 2025 first-round pick (unprotected), the Bucks’ 2027 first-round pick (unprotected), and the right to swap first-round picks with the Bucks in 2024 and 2026.
Thunder to acquire George Hill, Miller, Williams, Gray, Cheatham, the Nuggets’ 2023 first-round pick (top-14 protected), the Wizards’ 2023 second-round pick (from Pelicans), and the Hornets’ 2024 second-round pick (from Pelicans).
Nuggets to acquire the draft rights to RJ Hampton (No. 24 pick; from Bucks).

It’s not clear if that’s what the trade will look like in its final form or if more pieces will be added before it becomes official.

The Bucks are taking the protections off the 2022 first-round pick they previously sent to the Cavaliers, and Cleveland is getting an extra second-round pick for Milwaukee for accommodating that change, which frees up the future first-rounders to be sent to New Orleans. That pick going to the Cavs will be Indiana’s 2025 second-rounder, per John Hollinger of The Athletic.

The Bucks/Cavaliers aspect of the deal could be completed separately, as cap expert Albert Nahmad tweets. But if it gets rolled into this trade, it would mean a fifth team joining the fray once it becomes official.

Thunder Complete Trade Sending Kelly Oubre To Warriors

November 22nd, 2020 at 2:43pm CST by Luke Adams

NOVEMBER 22, 2:43pm: Erik Horne of The Athletic confirms (via Twitter) that the Warriors’ first-round pick headed to Oklahoma City will be top-20 protected. If it doesn’t convey, per Horne, the Thunder will instead receive Minnesota’s 2021 second-round pick (along with the Nuggets’ 2021 second-rounder, which they’ll get either way).

NOVEMBER 22, 2:27pm: The trade is now official, the Thunder announced in a press release. Oubre is headed to Golden State in exchange for the Warriors’ protected 2021 first-round pick and Denver’s 2021 second-round pick, per the team.

NOVEMBER 19, 8:10pm: The Thunder and Warriors are finalizing a swap that will send Oubre to Golden State in exchange for the Warriors’ protected 2021 first-round pick, reports Wojnarowski (via Twitter). Anthony Slater of The Athletic tweets that it has top-20 protection.

The Thunder will create a trade exception worth Oubre’s $14.4MM salary, assuming they intend to remain over the cap as they complete their offseason moves.

NOVEMBER 19, 3:55pm: The Thunder are engaged in serious talks about a trade that would send Kelly Oubre to the Warriors, according to Shams Charania of The Athletic (Twitter link). The two sides are nearing an agreement, adds Adrian Wojnarowsi of ESPN (Twitter link).

It remains to be seen what the Thunder would acquire in a deal involving Oubre, but it’s a safe bet that GM Sam Presti would be looking to add at least one more future draft pick to his constantly-growing collection of them.

A deal sending Oubre to Golden State would almost certainly see the Warriors absorb his $14.4MM salary using the team’s $17.2MM trade exception. That exception allows the Dubs to acquire up to $17.2MM in salary without sending out any salary themselves.

Although a trade along these lines has long been the subject of speculation, it’s still a little surprising that the Warriors are willing to take on the increased tax bill that adding Oubre’s salary would create. As Bobby Marks of ESPN explains (via Twitter), based on current projections, Oubre would increase Golden State’s projected tax payment by about $68MM, resulting in a total increase of over $82MM after taking into account his actual salary.

The Warriors would likely get a bit of a break on that, since the NBA has said tax penalties will be reduced by the same amount that the league falls short of its revenue projection in 2020/21, but it’s still a massive commitment by the franchise.

However, Warriors ownership has exhibited a willingness to spend, and Oubre – who turns 25 next month – is a logical addition for a team that needed help on the wing even before word broke that Klay Thompson had suffered a torn Achilles.

In 2019/20, Oubre averaged a career-high 18.7 PPG in 56 games (34.5 MPG) for the Suns, chipping in 6.4 RPG and 1.3 SPG with a .453/.352/.780 shooting line. Phoenix, recognizing he wasn’t part of the team’s long-term plans, sent him to Oklahoma City in the Chris Paul blockbuster earlier this week.

Photo courtesy of USA Today Sports Images.

Steven Adams Was Last Link To Glory Days

November 22nd, 2020 at 10:01am CST by Arthur Hill

The trade that will send Steven Adams to New Orleans removes the last link to the Thunder’s best seasons, notes Joe Mussatto of The Oklahoman. Adams, who was set to make $27.5MM in the final year of his contract, was part of a four-team deal that will bring George Hill, Darius Miller and three draft picks to OKC.

Thunder Trading Steven Adams To Pelicans

November 21st, 2020 at 9:00am CST by Luke Adams

9:00am: Wojnarowski has another update on this deal, reporting (via Twitter) that George Hill will indeed end up with the Thunder rather than the Pelicans. New Orleans will also send Oklahoma City Darius Miller‘s $7MM expiring contract, Washington’s 2023 second-round pick, and Charlotte’s 2024 second-round pick, Woj adds.

New Orleans is still acquiring Bledsoe in the multi-team trade, per Woj (Twitter link), so Miller’s contract will likely need to become fully guaranteed for salary-matching purposes and the Pelicans will still probably have to send out a bit more salary. So I expect there are still more parts of this deal to be reported.

ESPN’s Bobby Marks notes (via Twitter) that Adams may also need to amend his trade kicker to make the money work.

12:41am: The lottery-protected 2023 first-round pick that the Nuggets agreed to send to the Pelicans on draft night in order to land RJ Hampton will be rerouted to Oklahoma City as part of this deal, according to ESPN’s Adrian Wojnarowski (via Twitter). The Thunder will also receive two future second-round picks from New Orleans, per ESPN.

12:00am: Having already traded away guards Chris Paul and Dennis Schröder, the Thunder are now finalizing a trade that will send veteran center Steven Adams to the Pelicans, according to Shams Charania of The Athletic (Twitter link).

The deal is becoming a part of the Jrue Holiday blockbuster that New Orleans and the Bucks previously agreed upon, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that the Holiday trade will expand to include more teams and players. It still has “a lot of moving parts” and will take some work to finish, tweets Wojnarowski.

The Thunder will be receiving a first-round pick and second-round picks as part of the expanded swap, per Woj (Twitter link).

While it’s tricky to evaluate the deal before we know all those moving parts, we can at least break down Adams’ fit in New Orleans. He’ll fill the hole in the frontcourt created by the free agent departures of Derrick Favors and Jahlil Okafor earlier this evening. The Pelicans were said to have interest in Aron Baynes, among other big men, but it looks like Adams will be the team’s new man in the middle.

In 2019/20, Adams averaged 10.9 PPG, 9.3 RPG, and 2.3 APG in 63 games (26.7 MPG) as Oklahoma City’s starting center. His contract is somewhat onerous, with a $27.5MM cap hit for 2020/21. However, it’ll be an expiring deal and will come off the Pelicans’ cap next summer.

With the Pelicans now taking on Adams’ salary, it seems likely that at least one of the point guards they were set to receive in the Holiday trade – Eric Bledsoe and George Hill – will be rerouted elsewhere — most likely to OKC.

Photo courtesy of USA Today Sports Images.

Timberwolves Trade For Ricky Rubio

November 20th, 2020 at 3:42pm CST by Arthur Hill

NOVEMBER 20: The trade is now official, according to the Timberwolves, who announced it in a press release. As expected, Johnson was sent to the Thunder along with the rights to Pokusevski in exchange for Rubio, the No. 25 pick, and the No. 28 pick. Oklahoma City also received the Timberwolves’ 2024 second-round pick in the deal.

Minnesota subsequently flipped the No. 25 pick (Immanuel Quickley) to New York in a deal for Leandro Bolmaro (No. 23). The Wolves have also confirmed that trade.

NOVEMBER 19: Darren Wolfson of 5 Eyewitness News (Twitter link) confirms that Johnson will be a part of this deal for salary-matching purposes. The veteran forward will still need to pick up his option before he can officially be traded.

NOVEMBER 18: The Timberwolves will acquire point guard Ricky Rubio from the Thunder, along with the 25th and 28th picks in this year’s draft, in exchange for the 17th selection, tweets ESPN’s Adrian Wojnarowski.

Oklahoma City will receive Serbian 7-footer Aleksej Pokusevski, whom Minnesota selected at No. 17. The Thunder had expressed interest in Pokusevski throughout the past two weeks.

Although it hasn’t been reported yet, James Johnson will likely have to be included in the deal to match salaries. Rubio will earn $17MM during the upcoming season, while Johnson has a $16MM player option that he is virtually certain to pick up.

The deal represents a homecoming for Rubio, who spent six seasons with the Wolves at the start of his career. He began looking for a trade after being sent to OKC in the Chris Paul deal and was receptive to the idea of returning to Minnesota. Rubio wants to help the Wolves get back to the playoffs, tweets Jon Krawczynski of The Athletic.

Rubio will share ball-handling duties in the Minnesota backcourt with D’Angelo Russell, who was acquired at the trade deadline, and will reunite with former teammate Karl-Anthony Towns.

In addition to the 25th and 28th picks, the Wolves also own the 33rd pick in tonight’s second round. The Thunder, who have been stockpiling picks, will select again at 34 and 53.

Celtics Deal Poirier To Thunder

November 19th, 2020 at 6:39pm CST by Dana Gauruder

The Celtics have traded center Vincent Poirier and cash considerations to the Thunder for a conditional future second-round pick, according to the Celtics’ Twitter feed.

Poirier, who saw limited playing time last season, will make $2.62MM next season. He can be a restricted free agent after next season if Oklahoma City extends a $3.27MM qualifying offer.

Boston gives itself a little more cap flexibility with the move. In 22 games during his first NBA season, Poirier averaged 1.9 PPG in 5.9 MPG. He only played a total of 130 minutes.

Poirier led the Euro League in rebounding during the 2018/19 season with Baskonia of the Spanish Liga ACB.

James Johnson Exercises Option, Clearing Path For Trade To Thunder

November 19th, 2020 at 3:20pm CST by Luke Adams

Timberwolves forward James Johnson has exercised the player option on his contract for the 2020/21 season, per Shams Charania of The Athletic (Twitter link).

The move will guarantee Johnson a $16MM salary for the coming year, but it doesn’t mean he’ll remain in Minnesota. Charania confirms (via Twitter) that the veteran will be sent to Oklahoma City as part of the Ricky Rubio trade between the Wolves and Thunder. Johnson’s expiring contract was required for salary-matching purposes.

Johnson, 33, played well with the Wolves after being sent to Minnesota in a three-team trade at last season’s deadline, averaging 13.0 PPG, 4.7 RPG, and 3.8 APG on .500/.370/.676 shooting in 14 games (24.1 MPG). Despite that strong finish, he was never going to match his $16MM option salary on the free agent market, so his opt-in comes as no surprise.

It’s not clear yet whether Johnson will remain in Oklahoma City after being acquired by the Thunder, or if his new clubs plans to trade or release him.

Atlantic Notes: Horford, Simmons, Embiid, Harden, Celtics Draft

November 19th, 2020 at 3:18pm CST by Dana Gauruder

The Sixers created an $8.6MM trade exception in their agreed-upon deal that will send Al Horford to the Thunder, John Hollinger of The Athletic reports.

That’s significant, as Hollinger points out, because the front office will not have a full mid-level exception to offer in free agency since the club is in luxury tax territory. The exception can be used in a sign-and-trade this offseason or – more likely – a direct trade for a player under contract.

New president of basketball operations Daryl Morey promises he’ll make some roster moves via the free agent route, Keith Pompey of the Philadelphia Inquirer tweets. “They’re going to be some additions there,” Morey said of free agency, while adding “we feel very good where we’re at.”

Morey declared that he’s not interested in trading either of his top players, according to the Associated Press’ Dan Gelston. He said Ben Simmons and Joel Embiid “are going to be here for a long time.”

We have more from the Atlantic Division:

The Celtics were advised that they shouldn’t pursue a James Harden deal with the Rockets, longtime Celtics beat reporter Steve Bulpett tweets. The front office researched the possibility of adding Harden and were urged to stay away, as the intel regarding the fallout in the Houston organization painted an ugly picture. Presumably, Harden was a part of that dysfunction.
The Celtics had three first-round picks to dangle on Wednesday but didn’t move up. It wasn’t for lack of trying, another longtime Celtics beat reporter Mark Murphy tweets. GM Danny Ainge said they explored the possibility but there was “not anything that was really tempting for us in the first part of the draft.” Boston held onto the first two picks and traded the other to the Grizzlies for two future second-rounders.

Thunder To Exercise Option For Hamidou Diallo

November 19th, 2020 at 12:43pm CST by Arthur Hill

The Thunder will exercise their $1.66MM team option for next season on Hamidou Diallo, tweets Shams Charania of The Athletic.

Diallo, 22, has been a solid bench player for Oklahoma City during his first two years in the NBA. He averaged 6.9 points and 3.6 rebounds in 46 games last season.

With Mike Muscala opting in earlier today, all the Thunder’s option decisions for next season have been resolved.