Mobile Menu
HEADLINES

Thunder Rumors

Heat Acquire Iguodala, Crowder In Three-Team Trade

February 6th, 2020 at 7:10pm CST by Luke Adams

7:10pm: The trade is now official, according to press releases from the Timberwolves, Heat, and Grizzlies. Minnesota became part of the deal by agreeing to acquire Johnson for Gorgui Dieng, as we outlined in a separate story, making it a three-team trade.

11:16am: The Grizzlies and Heat have agreed to a trade that will send Andre Iguodala, Jae Crowder, and Solomon Hill to Miami in exchange for Justise Winslow, Dion Waiters, and James Johnson, reports ESPN’s Adrian Wojnarowski (via Twitter). No draft picks will be included in the deal.

Shams Charania of The Athletic (all Twitter links) first reported that Crowder, Hill, and Waiters would be involved in the trade, which broke last night.

There’s still time for the agreement to be expanded to include the Thunder and Danilo Gallinari, but those talks between Oklahoma City and Miami have “fully stalled,” according to Woj (Twitter link).

The Heat were hoping to fold an acquisition of the veteran forward into the trade, perhaps extending his contract in the process. However, Wojnarowski tweets that the Grizzlies and Heat are focusing on officially finalizing a two-team deal for now, with Miami still unable to reach an agreement for Gallinari.

Barry Jackson of The Miami Herald has heard similar rumblings, tweeting that Crowder and Hill could be re-routed to Oklahoma City if the deal is expanded to include Gallinari, but for now Hill is under the impression he’ll end up in Miami, along with Crowder.

Even if the Heat can’t land Gallinari, they’ll add three veterans capable of playing rotation roles in Iguodala, Crowder, and Hill. Although Iguodala hasn’t appeared in a game at all since being traded from Golden State to Memphis in July, he played key minutes on the Warriors’ championship teams in recent years and will be well-rested for the stretch run.

As we detailed in a previous story, Iguodala and the Heat have reached an agreement on a two-year, $30MM contract extension as part of the trade. The second season of Iguodala’s extension will reportedly be a team option, allowing Miami to retain its financial flexibility to participate in a loaded free agent class in 2021. The Heat are expected to guarantee the second season of Iguodala’s deal for if they miss out on their top free agent targets in ’21, per Wojnarowski (Twitter link).

Crowder and Hill, meanwhile, have helped the Grizzlies exceed expectations and compete for a playoff spot this season. Crowder has started 45 games, averaging 9.9 PPG and 6.2 RPG and playing strong perimeter defense, while Hill has averaged 5.7 PPG with a .381 3PT% in 48 games (18.8 MPG).

The trade will also help the Heat out financially, since they’re sending out more money than they’re taking back. ESPN’s Bobby Marks tweets that Miami is now $3.4MM below its hard cap and reduced its projected tax bill by nearly $3.7MM. That could allow the Heat to be a player in the buyout market, though the team still has a full 15-man roster.

The franchise also cleared a significant amount of salary for 2020/21 in the deal, though Iguodala’s extension cuts into that newfound flexibility a little.

As for the Grizzlies, they’ll take on three pricey multiyear contracts in exchange for their three expiring deals. Having also extended Dillon Brooks on Wednesday, Memphis has gone from having $50MM in projected cap room to likely being over the cap this summer, tweets Jeff Siegel of Early Bird Rights.

Winslow is the prize of the deal for Memphis. The former lottery pick is under contract for $13MM annually through 2021/22, with a team option on the final year. Winslow has flashed tantalizing upside as a ball-handler and defender, but injuries have limited him to just 11 games this season. He’s currently sidelined with a lower back bone bruise.

Johnson and Waiters are on oversized contracts — Johnson is earning $15.35MM this season with a $16.05MM player option for 2020/21, while Waiters is owed $12.1MM this season and $12.65MM next year. Memphis’ willingness to take on those deals signals that the team is willing to roll over its cap room to 2021.

Both Johnson and Waiters have spent much of the season in the doghouse in Miami, but Johnson has at least appeared in 18 games, averaging 5.7 PPG and 2.9 RPG on .448/.356/.571 shooting in 15.6 minutes per contest.

Photos courtesy of USA Today Sports Images.

Retweet 1 Share 0 Send via email0

Trade Deadline Notes: Bucks, Raptors, C’s, Heat, Thunder, More

February 6th, 2020 at 2:14pm CST by Luke Adams

The 2:00pm CT trade deadline has now passed, but word of last-minute deals can sometimes trickle in after the buzzer. That won’t be the case for the Raptors and Bucks though, according to ESPN’s Zach Lowe, who reports (via Twitter) that the Eastern Conference’s top two teams didn’t make a move today.

Here are more deadline updates:

  • It was a fairly quiet deadline for many of the top Eastern teams. The Celtics didn’t make a trade either, per Adam Himmelsbach of The Boston Globe (Twitter link). And the Pacers also stood pat, tweets ESPN’s Adrian Wojnarowski.
  • The Heat were active earlier in the day, finalizing a trade to acquire Andre Iguodala. However, the team didn’t expand that deal to include Thunder forward Danilo Gallinari, Barry Jackson of The Miami Herald confirms (via Twitter). As Anthony Chiang of The Miami Herald explains (via Twitter), the Heat’s extension talks with Gallinari were more of a hang-up than the trade talks with the Thunder, given Miami’s desire to keep its cap clear for 2021.
  • The Thunder, having held onto Gallinari, didn’t make any deadline deals, tweets Wojnarowski.
  • The Jazz stood pat today as well, tweets Andy Larsen of The Salt Lake Tribune. So did the Spurs, says Chris Haynes of Yahoo Sports (via Twitter).
Retweet 2 Share 0 Send via email0

Trade Rumors: Knicks, Holiday, Lakers, Bulls, Warriors

February 6th, 2020 at 9:32am CST by Luke Adams

Although the Knicks remains interested in D’Angelo Russell, he’s far from the only point guard the team is eyeing as the trade deadline nears. One player the Knicks has inquired on, according to Marc Berman of The New York Post, is Pacers guard Aaron Holiday.

As Berman notes, the Knicks liked Holiday in the 2018 draft, working him out that year. Now in his second season, Holiday has built on a promising rookie season. He’s averaging 10.2 PPG and 3.5 APG with a .420 3PT% in 47 games (23.3 MPG) for the Pacers.

Acquiring Holiday won’t be easy for the Knicks, despite Indiana’s crowded backcourt. ESPN’s Zach Lowe reported earlier in the week that the Pacers could probably acquire a first-round pick in exchange for Holiday, but haven’t shown any real interest in moving him.

Here are a few more trade rumors and notes from around the NBA:

  • On ESPN’s trade deadline special on Wednesday, Zach Lowe suggested that Nets guard Spencer Dinwiddie and Thunder guard Dennis Schroder are among the players the Lakers have inquired on as they look to add a play-maker (Twitter link via Alex Kennedy of HoopsHype). Their conversation with Oklahoma City on Schroder didn’t get very far, since OKC’s asking price is high, tweets Dave McMenamin of ESPN. I imagine that’s the case with Brooklyn and Dinwiddie as well.
  • Lakers guard Alex Caruso is drawing some trade interest, with multiple teams inquiring about his availability, league sources tell Chris Haynes of Yahoo Sports (Twitter link).
  • The Bulls have received some trade calls today on Denzel Valentine, but nothing of substance, a source tells Joe Cowley of The Chicago Sun-Times (Twitter link). Cowley adds that the Thaddeus Young market is “surprisingly quiet,” though Chicago thinks it could pick up as the deadline nears.
  • The Warriors might not be done after last night’s trade with Philadelphia. Michael Scotto of Bleacher Report hears that Golden State has shopped both Kevon Looney and Jacob Evans for tax reasons. The Dubs are still slightly above the tax after moving three minimum-salary players in trades this season.
Retweet 1 Share 0 Send via email0

Heat Aim To Extend Danilo Gallinari As Part Of Trade

February 6th, 2020 at 8:01am CST by Luke Adams

Having already agreed to a contract extension with Andre Iguodala as part of the trade that will send him from the Grizzlies to the Heat, Miami is looking to do the same with Danilo Gallinari, who is expected to be acquired from the Thunder in a three-team trade, reports ESPN’s Adrian Wojnarowski (via Twitter). According to Wojnarowski, the Heat and Gallinari’s reps were working overnight on a possible extension.

As we detailed late on Wednesday night, the exact terms of the trade that will send Iguodala and Gallinari to Miami remain unclear. We know the Grizzlies are acquiring Justise Winslow, but no other pieces have been confirmed. The belief is that Jae Crowder and Solomon Hill would be involved, likely heading to Oklahoma City. James Johnson and Dion Waiters are among the other rumored outgoing pieces for Miami and would presumably both end up in Memphis. Draft compensation would also be involved.

Assuming the three teams reach a trade agreement, Gallinari would be eligible to sign a new contract with the Heat that extends his current deal by two additional years, with 5% annual raises. Typically, veteran extension rules are less restrictive, but extend-and-trade rules limit new deals to three total years (including the current season) and modest raises.

Based on his current $22.62MM salary, Gallinari could receive as much as $23.75MM for 2020/21 and $24.88MM in 2021/22. However, as Woj notes, the Heat’s desire to preserve cap room for the 2021 offseason may complicate matters. Miami’s extension with Iguodala features a non-guaranteed team option for that ’21/22 season, allowing the team to maintain flexibility. It’s not clear if Gallinari would be on board with a similar arrangement.

As cap expert Albert Nahmad details (via Twitter), the Heat currently project to have more than $50MM+ in cap room for 2021, assuming Iguodala’s option is turned down. A pricey guaranteed salary for Gallinari would compromise the club’s ability to create a maximum-salary slot unless contracts are stretched.

It will be interesting to see how creative Miami gets — Nahmad points out (via Twitter) that using a descending salary structure or making that 2021/22 partially guaranteed could help the team stay somewhat flexible.

Retweet 2 Share 0 Send via email0

Latest On The Andre Iguodala Trade

February 5th, 2020 at 11:31pm CST by Arthur Hill

Negotiations are continuing in an effort to make the deal sending Andre Iguodala to Miami a three-way trade that would also enable the Heat to acquire Thunder forward Danilo Gallinari, tweets ESPN’s Adrian Wojnarowski.

One way the Heat could facilitate trade talks is to remove protections on a lottery-protected 2023 first-round draft pick they owe to Oklahoma City, sources tell Wojnarowski (Twitter link). That would free up Miami to unconditionally trade its 2025 first-rounder, explains Anthony Chiang of The Miami Herald (Twitter link).

Because of hard-cap restrictions, Miami will need to send out at least $39.8MM in salary to fit Iguodala ($17.2MM) and Gallinari ($22.6MM) on its roster, according to Barry Jackson of The Miami Herald (Twitter link). He notes that Justise Winslow, who is already believed to be part of the deal, Dion Waiters and James Johnson add up to $40.4MM.

Johnson’s representatives tell Jackson that they are expecting their client to be included in the transaction, but several other teams have expressed interest as well (Twitter link). Jackson identifies the Bucks, Rockets and Timberwolves as teams that have inquired about the veteran forward.

Meanwhile, the Grizzlies held Jae Crowder and Solomon Hill out of Wednesday’s game in Dallas, and Dillon Brooks spoke after the game as if they were being traded, though that hasn’t been confirmed (video link via ESPN’s Tim MacMahon). Moving Crowder and Hill along with Iguodala would allow Memphis to take back up to $47MM+ in salary, if necessary.

In an interview with Marc J. Spears of the Undefeated, Iguodala said he plans to join the Heat and take his physical in Sacramento on Friday. He’s excited to be coming to Miami, but after not playing since June he isn’t sure when he’ll be ready to be activated (Twitter link).

“Jimmy Butler is very well respected in terms of passion and hard work he brings to the game,” Iguodala said. “His temperament and values he has really resonates with the Heat. They’re very well aligned. He’s brought out the most in those young guys. Those are some of the guys I’m really excited about. I feel I can make the most impact with those guys. I’m a big fan of Bam [Adebayo]. … Really looking forward to playing with him. … Been hearing about him last couple of years. Help him get better. Really excited about that opportunity.”

Retweet 4 Share 0 Send via email0

NBA G League Assignments/Recalls: 2/5/20

February 5th, 2020 at 10:04pm CST by Arthur Hill

Here are Wednesday’s G League assignments and recalls from around the NBA:

  • The Thunder recalled guard Deonte Burton and forward Isaiah Roby from Oklahoma City Blue, the team announced in a press release. Burton is averaging 15.1 points and 7.0 rebounds in nine G League games, while Roby, who was acquired from the Mavericks last month, averages 9.2 PPG and 6.7 RPG in 10 games.
Retweet 1 Share 0 Send via email0

Andre Iguodala Headed To Miami, Will Receive Contract Extension

February 5th, 2020 at 7:37pm CST by Arthur Hill

The Grizzlies have reached an agreement to send Andre Iguodala to the Heat, who will give him a two-year, $30MM contract extension, tweets ESPN’s Adrian Wojnarowski. Justise Winslow will be part of the package headed to Memphis in return, Woj adds (Twitter link).

The second season of Iguodala’s extension will be a team option, according to Shams Charania of The Athletic (Twitter link). That will allow the Heat to retain their financial flexibility to participate in a loaded free agent class in 2021. Sources tell Wojnarowski that Miami will guarantee the second season of Iguodala’s deal for $15MM if the team misses out on its top free agent targets (Twitter link).

The trade takes a player off the board who was coveted by contenders around the league for his defensive toughness and playoff experience. Iguodala was widely expected to return to Golden State next season as a free agent, but the extension removes any chance of that.

Bobby Marks of ESPN notes that Miami is limited to two years on the extension along with 5% raises on top of his current salary because of extend-and-trade restrictions. (Twitter link). Normally teams can offer extensions up to four years with 8% raises.

Heat president Pat Riley is making an effort to acquire Oklahoma City’s Danilo Gallinari as well as Iguodala, according to Wojnarowski (Twitter link).

Gallinari was expected to have a short stay with the Thunder after he was acquired in July as part of the trade that sent Paul George to the Clippers. However, OKC has emerged as a strong playoff contender with Gallinari contributing 19.2 points and 5.7 rebounds per night. The 31-year-old has a $22.6MM expiring contract.

Retweet 2 Share 0 Send via email0

NBA G League Assignments/Recalls: 2/4/20

February 4th, 2020 at 10:53pm CST by ChrisCrouse

Here are Tuesday’s G League assignments and recalls from around the NBA:

Retweet 1 Share 0 Send via email0

Hawks Rumors: Collins, Drummond, Adams, Parker

February 4th, 2020 at 4:18pm CST by Luke Adams

Both the Rockets and Nets have specifically expressed interest in Hawks big man John Collins recently, a league source tells Chris Kirschner of The Athletic. However, teams that have talked to Atlanta have been left with the impression that the team won’t move Collins unless it gets an offer it can refuse.

According to Kirschner, Houston wanted Collins as part of a Clint Capela trade as a younger, cheaper replacement, which presumably was a non-starter for the Hawks. Kirschner suggests Spencer Dinwiddie was mentioned in talks with the Nets, but says it’s not clear whether those discussions went anywhere.

Collins will be eligible for a rookie scale extension for the first time this offseason, and multiple league sources tell Kirschner that he’s expected to seek a max or near-max deal. If the Hawks decide that price is too rich, they could revisit the trade market, but for now, the big man isn’t being shopped at all. It’s “highly unlikely” that Atlanta moves any member of its young core – including Collins – at this Thursday’s deadline, tweets Sarah K. Spencer of The Athletic.

Here’s more on the Hawks:

  • A league source tells Kirschner that Andre Drummond made it clear the Hawks would have been a preferred landing spot if the Pistons trade him. Atlanta opted against giving up Brooklyn’s 2020 first-round pick in a deal for Drummond, and aren’t expected to re-engage this week, though the team could circle back to the big man in free agency, Kirschner writes.
  • Steven Adams has also been cited as a probable Hawks target, but a source with knowledge of the Thunder‘s thinking believes Adams is unlikely to be moved at the deadline, according to Kirschner.
  • Jabari Parker, who hasn’t played since January 3 due to a right shoulder impingement, is a trade candidate but will remain sidelined through the deadline. As Spencer tweets, the Hawks announced today that Parker is doing non-contact work and will be re-evaluated in one week.
Retweet 0 Share 0 Send via email0

Woj’s Latest: Love, Bucks, Lakers, Clippers, More

February 3rd, 2020 at 12:04pm CST by Luke Adams

ESPN insiders Adrian Wojnarowski and Bobby Marks published a pair of podcasts on Sunday examining each of the NBA’s two conferences, breaking down trade possibilities and scenarios for a number of teams.

The two podcasts, which are worth listening to in full, included several interesting notes and tidbits on the trade market, so we’ll pass along several of the highlights right here:

Eastern Conference (full podcast link):

  • The Cavaliers are resigned to the fact that they likely won’t end up moving Kevin Love by Thursday, per Wojnarowski. Unless something “comes out of nowhere,” Cleveland may end up having to revisit Love’s trade market in the offseason, Woj adds.
  • Based on how well they’ve played this season, the Bucks will be somewhat “risk-averse” at the deadline, according to Wojnarowski. Although Milwaukee may make a move, the buyout market could be a safer bet for an upgrade around the edges of their roster. For what it’s worth, ESPN’s Zach Lowe suggested today that, given their crowded rotation, the Bucks could use Indiana’s 2020 first-round pick to make “some sort of consolidation trade” if they don’t think it’d disrupt their chemistry.
  • Wojnarowski is hearing the same thing that Lowe is about Hawks center John Collins — teams have been monitoring him, and Atlanta is in the market a for a center, but it would be a surprise if the club trades Collins at this point.
  • If the Pistons can get a first-round pick for Andre Drummond, they seem likely pull the trigger. If not, they may have to decide whether it’s worth it to accept expiring contracts and a second-rounder or two, says Wojnarowski.
  • The Nets are active in trade talks and could make a deal as long as it makes sense for next year’s team, according to Woj and Marks. For what it’s worth, while sources told Lowe that Brooklyn won’t trade players such as Spencer Dinwiddie, Caris LeVert, or Jarrett Allen for draft picks, Lowe wonders if the Nets will eventually consider a move involving a player like Dinwiddie and LeVert, since the team’s backcourt hasn’t fully meshed when everyone has been healthy this year.

Western Conference (full podcast link):

  • While the Lakers and Clippers may be active on the trade market, they may not be feeling tremendous pressure to do anything, since they’re expected to be the top two choices for many players on the buyout market, Wojnarowski points out.
  • Andre Iguodala, for instance, would almost certainly gravitate toward either the Lakers or Clippers if he’s bought out, per Wojnarowski. However, as we’ve heard all season, the Grizzlies remain firm on finding a trade and avoiding a buyout for the former Finals MVP.
  • Speaking of Iguodala, Wojnarowski says the Rockets tried for “months” to find a way to acquire him, exploring a number of multi-team possibilities. They’ve backed off that pursuit after not finding any viable scenarios
  • Woj and Marks agree that there’s no pressure on the Thunder to move any of their veteran trade candidates. Lowe made a similar point today, writing that it could make sense to stand pat with guys like Danilo Gallinari, Dennis Schroder, and Steven Adams, who could be traded (or signed-and-traded, in Gallinari’s case) in the summer.
Retweet 3 Share 0 Send via email0
Load More Posts