Thunder Rumors

Thunder Notes: Extension, PRP Injection, Recruiting

The Thunder locked down MVP Russell Westbrook through the end of the 2022/23 season and it’s not hard to imagine the impact the deal will have on the franchise as a whole. Erik Horne of The Oklahoman broke down the role the extension might have in shaping the team’s roster in the years to come.

First and foremost, the fact that Westbrook will be under Oklahoma City control for the next half-decade could entice Carmelo Anthony to stay with the club after the 2017/18 campaign. Even in a scenario where Paul George could choose to opt out via his player option, Anthony may be inclined to stay in order to continue playing alongside the perennial All-Star.

The move also serves as a message, loud and clear, that the Thunder aren’t afraid to flirt with the luxury tax if the team stands a legitimate chance of being competitive.

Finally, the extension changes the perception that small market teams can’t be a destination for big name players. Anthony’s decision to accept a trade to the Thunder could inspire other players – perhaps during buyout season next February – to consider signing with Oklahoma City.

There’s more from the Thunder:

  • Days before signing his historic contract extension, Russell Westbrook underwent a standard platelet rich plasma injection in his left knee, Brett Dawson of The Oklahoman writes.
  • While there has been some resolution in regards to Russell Westbrook’s future, there’s no guarantee that this super-team-ified version of the Thunder will exist for long considering that both Paul George and Carmelo Anthony could conceivably exit next summer. Erik Horne of The Oklahoman writes that fans ought to embrace it while it’s here.
  • He may still be settling into life in Oklahoma City but Paul George is a passionate enough member of the Thunder to recruit for the franchise. “My job is to make this team as good as possible, elevate this team as much as possible. Whatever I can do I will do, and that’s whether I’m on the court or off the court. My job is to try to make things happen,” George told the media, including Brett Dawson of The Oklahoman. The forward played a role in recruiting Carmelo Anthony and he tried to convince Dwyane Wade to sign with the team as well.

Thunder Sign Russell Westbrook To Extension

2:50pm: Westbrook’s five-year extension is now official, with the Thunder formally issuing a press release to announce the new deal.Russell Westbrook vertical

“I’ve said it before, and I’ll say it again, there is no place I would rather be than Oklahoma City,” Westbrook said in a statement, calling Thunder fans “the best in the world.”

Meanwhile, Sam Amick of USA Today reports (via Twitter) that the final year of Westbrook’s extension will be a player option.

2:18pm: The Thunder have reached an agreement on a contract extension with Russell Westbrook, according to ESPN’s Adrian Wojnarowski, who reports that the new deal is a five-year pact projected to be worth about $205MM. The extension will replace Westbrook’s player option for 2018/19, running through the 2022/23 season.

Westbrook’s new deal is a Designated Veteran Extension, similar to the ones signed by Stephen Curry, James Harden, and John Wall earlier this offseason. However, Curry’s DVE took effect this season, while Harden’s and Wall’s won’t begin until 2019/20, so the final numbers on Westbrook’s extension will look a little different.

Westbrook’s starting salary will be worth 35% of the 2018/19 salary cap. Based on the NBA’s latest projection, that would work out to $35.35MM in year one, and $205.03MM in total. Taking into account Westbrook’s $28,530,608 salary for 2017/18, the reigning MVP will be locked up for about $233.56MM over six years, which would be the largest contract in NBA history.

It’s appropriate that Westbrook would ink a historic contract at this point in his career, since he’s coming off one of the most impressive individual seasons in the history of the league. In 81 games for the Thunder last season, the star point guard averaged a league-high 31.6 PPG to go along with 10.7 RPG and 10.4 APG, making him the first player to average a triple-double since Oscar Robertson accomplished the feat in 1961/62.

Despite Westbrook’s heroics, the Thunder were eliminated in the first round of the playoffs last spring. However, the team added significant reinforcements in the offseason, acquiring Paul George from the Pacers and Carmelo Anthony from the Knicks.

Westbrook’s decision to sign an extension with Oklahoma City will make things interesting for George and Anthony, who both have the opportunity to reach unrestricted free agency in 2018. Westbrook will have a full season to convince George – who will likely decline his player option – to stick around for the long term in OKC. As for Anthony, he’s a better bet to pick up his player option if he enjoys his time with the Thunder, since it’s worth nearly $28MM, a figure he’s unlikely to match on the open market.

While Westbrook’s extension won’t have an impact on this year’s cap for the Thunder, it could create some difficult decisions down the line for the franchise. If we were to pencil in Westbrook’s projected 2018/19 salary along with Anthony’s option-year salary, the Thunder would have nearly $117MM in guaranteed salaries on their books for next season, and that number doesn’t include George or any of the Thunder’s other pending free agents or non-guaranteed players.

Still, Oklahoma City’s management and ownership groups will likely worry about future team salaries and tax payments at a later date. For now, the Thunder are presumably thrilled to lock up Westbrook, about 15 months after failing to get a similar commitment from Kevin Durant.

Photo courtesy of USA Today Sports Images.

Carmelo Anthony Confirms He Thought He’d Be Traded To Rockets

Carmelo Anthony‘s no-trade clause gave him the power to approve a deal to specific teams, and for most of the offseason, the only team on his wish list was the Rockets. In an appearance on SiriusXM NBA Radio (link via Ian Begley of ESPN), Anthony confirms that he believed earlier in the summer that a trade to Houston was all but finalized.

“A deal was done with Houston early, then for some reason – whatever happened behind the scenes – it didn’t go through, it fell through,” Anthony said. “Then we had to really start paying attention and thinking about other options.”

According to Carmelo, another deal – one that would have sent him to the Cavaliers – nearly got done on draft night, back when Phil Jackson was still running the Knicks (link via Begley). That proposed trade would have landed both Anthony and Paul George in Cleveland, Carmelo said today.

Based on various reports, it sounds like the Knicks and Rockets came closest to a deal right before New York hired Scott Perry as the team’s new general manager in July. At that point, the Knicks put trade talks on hold as Perry got acclimated to his new job and assessed the Anthony situation himself. Ultimately, the Knicks and Rockets never found common ground after that, and Anthony admits he had been preparing last week to show up for Media Day as a Knick.

“Me and my team sat down on Friday night and were like, ‘Man, we best prepare for going back to Media Day on Monday and training camp that week,'” Anthony said. “And then we got the call that said, ‘Would you open it up to OKC?’ And I was like, ‘Yeah, at this point, yeah.’

“I don’t think it would have been beneficial for me to come back to Media Day after everything that was going on in the offseason,” Anthony continued. “For me to have to deal with that it would have been unfair for the organization, the Knicks, to have to deal with that. It would have been too much noise, too many questions to answer and I don’t think either party wanted to deal with that.”

While Anthony seems happy to have landed in Oklahoma City, it will be interesting to see whether the trade – and the non-trade to Houston – will have an impact on the Western Conference playoff picture next spring. The Thunder and Rockets faced each other in the postseason in 2017, and if they do so again next year, Anthony would be squaring off against the team he was all but certain he’d join.

Paul George Aggressive In Pursuit Of Dwyane Wade

Thunder GM Sam Presti is a little more reserved in his pursuit of Wade, but he would definitely like to have him as part of a Big Four with George, Russell Westbrook and Carmelo Anthony. OKC finalized its camp roster earlier today with the signing of Markel Brown, but a move would certainly be made to accommodate Wade. “He’ll go through the process and we’ll be in touch,” said Presti, who adds Wade may have already decided where he will sign next (Twitter link).

  • The Cavaliers, Thunder and Heat were consider the early favorites to sign Wade, but the competition may be more intense than originally believed, according to Tim Reynolds of The Associated Press (Twitter link), who adds that “many more teams” are pursuing him.

Knicks Notes: Porzingis, Hornacek, Anthony

The Knicks haven’t seen Kristaps Porzingis since he skipped an exit meeting in April, but the Latvian star was trying to smooth things over this afternoon at media day. Porzingis said he has no lingering bitterness toward the organization regarding the events of last spring or the offseason roster changes, tweets Ian Begley of ESPN. “No I’m coming into this season with a fresh mind,” Porzingis said. “It’s a new season.”

Porzingis is also in a new role as team leader after the trade of Carmelo Anthony to Oklahoma City. Porzingis denied reports that he clashed last season with coach Jeff Hornacek, insisting he has a “great relationship” with the coach and saying he doesn’t “know where it’s coming from,” tweets Marc Berman of The New York Post.

There’s more today from New York:

  • Porzingis got bigger and stronger over the summer, which will come in handy as he tries to carry the team, writes Al Iannazzone of Newsday. Anthony is gone, along with former team president Phil Jackson and his triangle offense, leaving the organization to rebuild around its 7’3″ center. “Moving forward in this league, he’s going to get a lot of opportunities to grow into that lead position,” Hornacek said of Porzingis. “We’re just excited to get back to coaching and moving forward with him and trying to develop him into that great player that we think he can become.” 
  • With his trade to the Thunder becoming official today, Anthony penned a farewell note to New York fans on his website. He thanked owner Jim Dolan and the Knicks organization, along with everyone who supported him during his six and a half years with the team. “New York equipped me to make it in any other place in the world,” he wrote. “It taught me how to Be Comfortable with Being Uncomfortable. Saying Goodbye is the hardest thing to do. I never thought I would, especially to you. No one will ever take your place. It’s hard to find someone like you, so know you will always be missed. You helped me laugh. You dried my tears. Because of you, I have no fears. You came into my life and I was blessed. It’s time to raise my hand and say goodbye. It’s not the end, because like I’ve always said, NYC ‘til the end.”
  • Despite his fond memories, Anthony’s time in New York was a disappointment, contends Neil Best of Newsday. Best gives Anthony credit for the classy way he handled the feud with Jackson, but says he never delivered the playoff success the team expected when it acquired him from Denver.
  • Once Anthony expanded his list of possible destinations to three teams, the Knicks took the best deal they could find, writes Frank Isola of The New York Daily News. Although neither Enes Kanter or Doug McDermott may have a long future in New York, Isola says they are a better alternative than taking on Ryan Anderson‘s huge contract.

Thunder Sign Markel Brown, Finalize Camp Roster

The Thunder have announced their 20-man roster for training camp, confirming a few previously-reported agreements and announcing one new deal. The following players are now members of the Oklahoma City roster, according to the team:

Brown, the 44th overall pick in the 2014 draft, spent two seasons with the Nets from 2014 to 2016, averaging 5.3 PPG on an unimpressive .382/.297/.781 shooting line. Unable to find an NBA job last season, Brown signed with Russian club Khimki for the 2016/17 campaign. Now, he’ll get a chance to head to camp with the Thunder.

The signing of Brown signals that the Thunder won’t bring center Yannis Morin to camp at this point. Multiple outlets reported in July that Morin had reached an agreement with OKC, but the French big man isn’t listed on the team’s training camp roster.

Latest On Dwyane Wade

The Bulls reached a buyout agreement with Dwyane Wade on Sunday, and while that transaction hasn’t yet been made official, the future Hall-of-Famer is expected to be waived and reached the free agent market very soon.

We heard on Sunday night that the Cavaliers are the early frontrunners for Wade’s services, and that hasn’t changed today — Alex Kennedy of HoopsHype notes (via Twitter) that LeBron James and other Cavs are recruiting the veteran guard, and TNT’s David Aldridge tweets that there’s a “strong belief” Wade will end up in Cleveland.

Still, the Cavs will hardly be the only team in the running for Wade. Let’s dive in and round up all the latest on the situation…

  • Carmelo Anthony and Paul George have started recruiting Wade on behalf of the Thunder, sources tell Kennedy (Twitter link). The Lakers are also among the teams that have reached out to Wade, Kennedy adds (via Twitter).
  • The Heat would welcome back Wade with open arms, with one player suggesting that the locker room is “100% hoping it happens,” tweets Tim Reynolds of The Associated Press. However, Miami hadn’t formally reached out as of Sunday night, per Kennedy (Twitter link).
  • Speaking to Reynolds, Wade indicated on Sunday night that he’s looking to find a new NBA home quickly. “I’m going to take tonight and some of tomorrow and speak to the teams or players that are on my list and go from there,” Wade said on Sunday night. “My decision is a pure basketball decision and I’ll make the one that fits me best at this point in my career, and with what I feel I have to offer a team that needs what I have to offer.”
  • In a conversation with K.C. Johnson of The Chicago Tribune, Wade praised the Bulls and said he had no complaints about the way the franchise dealt with him, though he questioned the club’s decision to trade Jimmy Butler and embark on a full-fledged rebuild. “You’ve got one of the top five or six players in the game [in Butler],” Wade said. “That’s what you want and you were able to build that in-house. I was a little disappointed because being up 2-0 versus Boston on the road, Rondo goes down. If that doesn’t happen, we’re having a different conversation.”

Knicks Trade Carmelo Anthony To Thunder

SEPTEMBER 25: The Knicks have officially traded Anthony to the Thunder for the package detailed below, the team announced today in a press release. In a separate announcement, the Knicks also confirmed they’ve waived Chasson Randleas expected – in order to create room on their roster to accommodate the incoming players from Oklahoma City.CarmeloAnthony vertical

SEPTEMBER 23: The Knicks have reached an agreement with the Thunder that will send Carmelo Anthony to Oklahoma City, reports Adrian Wojanrowski of ESPN (Twitter links). According to Wojnarowski, New York will receive Doug McDermott and Enes Kanter in the deal, along with a draft pick. Shams Charania of The Vertical (Twitter link) indicates that pick will be the Bulls’ 2018 second-rounder.

The trade call will officially take place Monday, Wojnarowski adds, as Russell Westbrook and Paul George were successful in their lobbying efforts to get Anthony to waive his no-trade clause for the Thunder (Twitter link). Carmelo also has a relationship with top Thunder executive Troy Weaver, who recruited him to Syracuse a decade and a half ago.

Anthony has agreed to waive his $8.1MM trade kicker, since the deal wouldn’t have worked otherwise, according to ESPN’s Bobby Marks (Twitter link). Anthony will retain his no-trade clause with the Thunder (Twitter link). Taking on his $26,243,760 salary will increase OKC’s projected luxury tax payment by $12.4MM, up to a total of $27.8MM (Twitter link).

The Knicks were at the maximum of 20 players before the trade, so a roster move will have to be made by Monday in order to make room for the extra incoming player. New York has five non-guaranteed players coming to camp, so one of them will likely be waived.

The Knicks will incur Kanter’s 15% trade bonus of $2.68MM, which pushes his cap hit for this season to $20.56MM (Twitter link). Kanter also has an $18.6MM player option for 2018/19 — his kicker doesn’t apply to that salary since trade bonuses don’t affect team or player option years. As for McDermott, he’s making $3.3MM in the final year of his rookie contract and is eligible to receive an extension until October 16. He’ll be on track to become a restricted free agent next summer if no agreement can be reached this year.

The Thunder obviously made the move with an eye toward winning this season, but it creates a fascinating scenario for the future of the franchise. Anthony, Westbrook and George are all currently eligible to become unrestricted free agents next summer, so this could be a one-year experiment.

Of course, the Thunder currently have an extension offer on the table for Westbrook, and Anthony has a lucrative player option for 2018/19, so there’s no guarantee there will be a mass exodus out of OKC after this season. Still, it would be difficult financially to retain all three players — Marks estimates the cost of keeping all three would bring the Oklahoma City payroll to $157MM with an additional $143MM in taxes (Twitter link).

For the Knicks, it closes a long chapter in their troubled relationship with Anthony, who was hailed as a franchise savior when he was acquired from the Nuggets in 2011. He never delivered the playoff success that was expected and became the target of public criticism from former team president Phil Jackson. Having expressed a desire to go to the Rockets for most of the 2017 offseason, Anthony expanded his list of preferred teams this week, adding Cleveland and Oklahoma City, which allowed the Knicks to get something done.

New York has now fully committed to the rebuilding project that the new management team outlined when it took over. The Knicks were reluctant to trade Anthony to the Cavaliers because they wanted him out of the Eastern Conference, according to TNT’s David Aldridge (Twitter link), although it’s hard to understand why, giving the team’s remote playoff chances. Even though Jackson was dismissed this summer, hard feelings with Carmelo remained and the organization wanted a fresh start (Twitter link).

The trade of Anthony represents the culmination of an eventful offseason that saw many of the East’s best players join new clubs. Anthony is the sixth player from 2017’s Eastern Conference All-Star squad to change teams, following in the footsteps of George, Jimmy Butler, Paul Millsap, Isaiah Thomas, and Kyrie Irving. Anthony, George, Butler, and Millsap all moved over to the Western Conference.

Photo courtesy of USA Today Sports Images. Luke Adams contributed to this post.

Northwest Notes: Anthony, Wolves, Nurkic, Nuggets

Agreeing on a trade to acquire Carmelo Anthony on Saturday took the Thunder roster from formidable to elite. Joining the reigning NBA Most Valuable Player, Russell Westbrook, and fellow offseason acquisition, Paul George, gives Anthony the winning culture he craved in New York the last four seasons. Despite the upgrade, the Thunder are still far from the Western Conference’s best team, Fred Kerber of the New York Post writes.

Several rival executives explained to Kerber that the defending champion Warriors are still the best team in the West. While the Thunder can give Golden State a challenge, and possibly fend up the Spurs and Rockets for second place, one scout said the underwhelming package the Knicks received for Anthony is also alarming.

“Are the Thunder a better team than they were yesterday? Yes. Are the Knicks a worse team than they were yesterday? Yes. The fact they got a second-round pick says they really wanted Carmelo gone. And they needed another center? Unless they’re going to buy [Joakim] Noah out. Kanter is a horrible defender,” the scout said to Kerber.

The Warriors have been to the last three NBA Finals, winning two of them. Factoring in a roster that has two-time MVP Stephen Curry, one-time MVP Kevin Durant, and stalwarts Draymond Green and Klay Thompson, the Thunder will have a lot of work to do before claiming dominance over the West.

Below you can read additional news around the Northwest Division:

Thunder To Sign Isaiah Canaan To Camp Deal

Free agent guard Isaiah Canaan will sign a non-guaranteed deal with the Thunder, tweets Shams Charania of The Vertical.

Canaan has been searching for a team all summer after being waived by the Bulls at the end of June before his $200K guarantee for the upcoming season kicked in. The 26-year-old guard got into 39 games for Chicago last season, averaging 4.6 points in about 15 minutes per night.

If he earns a roster spot, Oklahoma City will be his fourth NBA team. He has also played for the Rockets and Sixers during his first four years in the league.

Canaan’s signing comes a day after Trey Burke agreed to a deal with the Thunder, then reconsidered and decided to seek a different opportunity. OKC has been looking for a veteran point guard to back up Russell Westbrook.