Magic Rumors

Southeast Notes: Porter, Bogdanovic, Isaac, Bosh

The Kings’ decision to use a major part of their cap space on George Hill and Zach Randolph leaves the Nets as the most significant threat for Wizards RFA Otto Porter, tweets David Aldridge of TNT. Porter met with the Kings on Sunday and reportedly received a max offer, but didn’t sign it, wanting to talk to other teams first. Sacramento’s moves today means it no longer has room for a max deal unless it unloads some other salary. The Wizards can match any offer sheet that Porter brings to them, and have stated that they plan to do so.

There’s more from the Southeast Division:

  • The Wizards plan to explore sign-and-trade options for Bojan Bogdanovic, according to J. Michael of CSNMidAtlantic. Bogdanovic appears to be on the way out after this week’s deals with Jodie Meeks and Mike Scott, but Washington won’t revoke his $4.7MM qualifying offer, hoping to deal him and create a traded player exception. Bogdanovic is reportedly seeking about $16MM per year, which seems unrealistic. Michael notes that the Wizards have made use of TPEs in the recent years, picking up Jared Dudley, Kris Humphries and Tim Frazier.
  • The Magic will hold first-round pick Jonathan Isaac out of the final two games of the Orlando Pro Summer League after he suffered a hip strain Monday, relays John Denton of NBA.com. Tests didn’t reveal any structural damage and the injury isn’t considered serious, but the Magic are keeping him sidelined as a precaution.
  • In a move to free up cap space, the Magic have reached an agreement with 2005 first-rounder Fran Vazquez that he won’t play in the NBA this season, tweets Keith Smith of Real GM. Orlando still owns the rights for the 34-year-old, and the move takes away his cap hold for the upcoming season.
  • The Heat are expected to end their seven-year relationship with Chris Bosh this week, according to Barry Jackson of The Miami Herald. Miami will erase Bosh’s $52.1MM from its cap under a medical retirement in the wake of recurring blood clots. Bosh must be given 48 hours to clear waivers before the move becomes official, and it will push the Heat’s cap space from $9MM to more than $34MM this year.

Nets Consider Offers For Porter, Caldwell-Pope, Ingles

After J.J. Redick announced an agreement with the Sixers this afternoon, the Nets are turning their sights toward a trio of restricted free agents, reports Brian Lewis of The New York Post.

Armed with $28.5MM in cap space, Brooklyn will consider Wizards forward Otto Porter, Pistons shooting guard Kentavious Caldwell-Pope and Jazz forward Joe Ingles. Any offer sheet the Nets submit to any of them can be matched by their current team, but that won’t deter Brooklyn GM Sean Marks.

“We have an analytic value,” he said. “We have a scouting value placed on these players, and if we feel comfortable with an offer to these players, whether restricted or unrestricted, we’ll make those deals. But we’re not going to go chase things.”

The Nets submitted sizable offer sheets to Portland’s Allen Crabbe and Miami’s Tyler Johnson last summer and to Houston’s Donatas Motiejunas in December. All three were matched, leaving the Nets empty-handed.

There are questions about the availability of this year’s targets as well. The Wizards have vowed to match any offer that Porter brings them. However, Washington’s attempt to re-sign him in late-night negotiations ended without a contract, and there are reports that Brooklyn would be willing to offer $106MM over four years, starting at $24.75MM for 2017/18. Porter is expected to hold several meetings with several teams starting Sunday.

The Pistons have also stated that they plan to keep Caldwell-Pope, but their signing today of Langston Galloway and the drafting of Luke Kennard indicates that a backup plan is being formed in case Caldwell-Pope becomes too expensive.

The Nets have arranged a meeting with Ingles, although Lewis sees him as a secondary option in case the attempt at Porter is unsuccessful. The Washington Post is reporting that Ingles may have a four-year, $60MM offer from the Magic, but Josh Robbins of The Orlando Sentinel says the team’s interest in Ingles is being overstated (Twitter link).

Free Agent Rumors: Young, Miles, Porter

Unrestricted free agent Nick Young plans to “meet with a bunch of teams” this weekend after a number of undisclosed franchises expressed interest when free agency began on Friday, league sources tell Mark Medina of The Los Angeles Daily News. Despite the Lakers being among those contacting Young’s representatives, both the team and player have conflicting agendas that suggest that this may be the end of their four-year tenure together, Medina adds.

Young, 32, is hoping to maximize his earnings on a multi-year contract for a playoff team, but the Lakers want to sign players to one-year deals to save cap space for the 2018 offseason when LeBron James, Paul George and Russell Westbrook might be available, the scribe notes.

Here’s more from around the NBA:

  • Pacers free agent C.J. Miles may have to wait for J.J. Redick to sign an agreement before his market comes into focus, Tim MacMahon of ESPN relays (ESPN Now link). Miles is Plan B for multiple teams who have made Redick a priority, the scribe adds. The Thunder are one of the teams that have expressed interest in the 30-year-old, per a tweet from Yahoo’s Jordan Schultz.
  • With Otto Porter having completed his meeting with the Wizards, the team is now in a holding pattern as it awaits the forward to seek offer sheets on the open market, Tim Bontemps of The Washington Post relays (via Twitter). The Nets are potentially one team who appear willing to offer the max of four years and $100MM. Philadelphia may also get involved in the bidding, but the Sixers reportedly seem reluctant to make long-term offers. Washington has promised to match any offer for the restricted free agent.
  • Despite the significant bump in player salaries the new CBA has ushered in, not all players are satisfied with the league capping their earnings. LeBron James, responding to a tweet noting how the value of the Warriors has increased from $450MM to upwards of $2.6 billion since Joe Lacob purchased the franchise, noted that Stephen Curry should have gotten a pact worth $400MM over five years this summer (Twitter link). James has a vested interest, of course, with him in line to hit free agency once again next summer.
  • There is a possibility that the Celtics may be willing to facilitate a sign-and-trade deal for unrestricted free agent Amir Johnson, Adam Himmelsbach of The Boston Globe relays (on Twitter). The forward is reportedly garnering significant interest around the league.
  • The Magic‘s reported interest in free agent forward Joe Ingles has been “wildly overstated,” per Josh Robbins of The Orlando Sentinel (Twitter link). It was relayed Friday night that Orlando was set to offer Ingles a four-year deal in the $60MM range.

Magic Sign First Round Pick Jonathan Isaac

The Magic announced today that the club has signed first-round pick Jonathan Isaac. According to Josh Robbins of the Orlando Sentinel, the sixth overall pick in this year’s draft is set to make $4,186,320 next season, which is 120% rookie-scale contract figure. As our chart of rookie scale salaries shows, Isaac’s rookie deal will be a four-year pact worth $22,324,406.

Isaac’s salary for the first two seasons will be guaranteed and after two team options for the 2019/20 and 2020/21 seasons, he’ll be eligible to reach restricted free agency in 2021 barring an extension.

Earlier today, the Heat agreed to terms with first-rounder Bam Adebayo. As we noted in that story, with cap holds on unsigned first-rounders at 120% rather than 100% under the new CBA, teams will likely sign their picks sooner rather than later.

Magic May Offer Ingles 4-Year Deal

10:31pm: Ingles is also receiving significant interest from the Grizzlies, plus, he has a meeting scheduled with the Clippers on Saturday, Adam Joseph of 16WinsARing.com tweets.

7:59pm: It may not be long before Jazz forward Joe Ingles has a $60MM contract in front of him, Tim Bontemps of the Washington Post writes. The scribe tweets that he’s heard the Australian free agent could have a four-year deal in the $60MM range coming from the Magic.

If that’s the case, Bontemps adds, it’s hard to imagine a scenario in which the Jazz would match the restricted free agent’s new price tag.

Per Sean Deveney of the Sporting News, new Magic general manager John Hammond has long been a fan of the sharpshooting forward and this could be a significant early move for the new regime.

As Tim MacMahon of ESPN notes, there are two significant Jazz-specific takeaways from the rumored Magic offer, one being that Ingles is said to be close friends with fellow free agent Gordon Hayward, the other being that they’re represented by the same agent.

Those factors, coupled with Utah’s move earlier today to land Ricky Rubio at the likely expense of free agent George Hill (another Hayward favorite) lend credence to the notion that Hayward’s time with the Jazz may be coming to an end.

Hayward aside, Ingles is a widely respected small forward that offers a suite of intangible contributions in addition to his 7.2 points per game and 44.1% three-point shot. That said, given that the Magic were expected to lay low during free agency, such a move is somewhat surprising.

Magic Not Expected To Make Big Free Agency Splash

  • Don’t expect the Magic to make a major splash in free agency, Josh Robbins of the Orlando Sentinel writes. The team would need to reel off a series of moves just to clear up space for a major signing and that’s not really their focus at this point in time.

Iguodala Drawing Interest From At Least Seven Teams

Andre Iguodala wasn’t able to take home the NBA’s 2016/17 Sixth Man of the Year award on Monday night, but he’s on the verge of landing a nice consolation prize in the form of a lucrative new contract. According to Chris Haynes of ESPN.com, at least seven teams from around the league are expected to make an effort to pry Iguodala away from the Warriors.

The Timberwolves, Spurs, Clippers, Sixers, Magic, Nets, and Jazz are among the clubs with interest in Iguodala, per Haynes. Previous reports have suggested that the Bulls, Suns, and Hawks also may have interest in the veteran swingman, though Chicago has since entered a rebuilding phase, and Phoenix and Atlanta may opt to go in another direction.

According to Haynes, the Timberwolves and Sixers both have interest in Iguodala as a veteran leader for their young squads, while the Jazz view Iguodala as a contingency plan should they lose Gordon Hayward in free agency. The Spurs have internally discussed the possibility of trying to add both Iguodala and Chris Paul, according to Haynes, who confirms that San Antonio has explored trading Danny Green and LaMarcus Aldridge.

As Haynes explains, Iguodala has become one of the hottest free agents on the market this summer because teams view it as a priority to get him out of Golden State. Building a super-team to compete with the Warriors isn’t realistic for most franchises, so chipping away at the Warriors’ core by signing away one of the team’s key contributors is a more logical way to close the gap between Golden State and the rest of the league.

While earlier estimates for Iguodala’s new contract indicated the Warriors might be able to bring him back for an annual salary in the range of his current $11.1MM+ figure, a report from Shams Charania of The Vertical last week suggested that number could be much higher if the 33-year-old heads elsewhere. According to Charania, there’s a belief among teams around the NBA that Iguodala could approach $20MM per year on a new deal.

Outside of the Warriors’ stars, Shaun Livingston and Iguodala represent the team’s most important veteran free agents. Haynes says that Livingston should be popular in July as well, reporting that the veteran point guard may command a salary in the range of $10-12MM per year.

New Front Office Should Learn From Franchise's Past Mistakes

While he may be years away from reaching his true potential, the Magic are pleased with their Jonathan Isaac pickup in Thursday’s draft, Josh Robbins of the Orlando Sentinel writes.

Robbins adds that president of basketball operations Jeff Weltman and general manager John Hammond should look to add quality players that will be able to compete with Isaac for minutes, something current and past Magic players like Victor Oladipo, Tobias Harris and Elfrid Payton could have benefited from over the course of the last few seasons.

  • The Magic would be wise to mind the tone of their fan base and field a decent roster as soon as possible, Mike Bianchi of the Orlando Sentinel writes. While a new front office may be just embarking on a five-year tenure with the organization, fans of the franchise have already endured five years of losing seasons.

Poor Drafting Has Hurt Franchise

  • Poor drafting over the past five years has turned the Magic into a consistently bad franchise, writes Josh Robbins of The Orlando Sentinel. There’s no one on the roster who projects as an All-Star, Robbins claims, even though Orlando picked second in 2013, fourth and 12th in 2014 and fifth in 2015. Former GM Rob Hennigan had planned to build through the draft, but the front office didn’t have the eye for talent to make it work.
  • Euroleague star Darius Miller will have an upcoming workout with the Magic, tweets international writer David Pick. Miller formerly played for Brose Bamburg in Germany, and Barcelona is making a strong bid to sign the 27-year-old forward. Miller was drafted by New Orleans with the 46th pick in 2012 and stayed with the team until he was waived in 2014.

Southeast Notes: Howard, Billups, Frazier, Wade

Dwight Howard, recently traded to the Hornets from the Hawks, discussed his excitement to be in Charlotte, relays Rick Bonnell of The Charlotte Observer. Howard spoke glowingly about his new owner, Michael Jordan:

“I’d just done a 2 ½-hour workout. After I was done talking to him, I wanted to jump back into the gym. That’s how he motivated me. You’re talking about the greatest basketball player to ever play. For him to call you on the phone and say, ‘I believe in you!’ ”

Howard also discussed his reunion with head coach Steve Clifford, his disappointment of lasting just one season with him hometown team, and how he will make a difference in the Charlotte community.

Here’s more from the Southeast division:

  • Hawks GM Travis Schlenk says that three or four teams were interested in trading for Dwight Howard, but the Hornets made the best offer, tweets Chris Vivlamore of The Atlanta Journal- Constitution.
  • While the Cavaliers await a decision from Chauncey Billups, another team covets the former NBA Finals MVP’s wisdom in the front office: the Hawks, reports Brian Windhorst of ESPN. Billups recently interviewed for a front-office position with Atlanta.
  • Hornets GM Rich Cho says the team will be looking for a backup point guard and more overall depth in free agency, tweets Jordan Greer of The Sporting News.
  • The Magic‘s new president of basketball operations, Jeff Weltman, explains why the team traded two picks in a deep draft, reports Josh Robbins of The Orlando Sentinel. Weltman explained:  “We felt that at a certain point that the draft flattened out, and once we got past that point, we had three more picks, and we didn’t want to bring four rookies in. So what we did is we tried to identify kids that we thought could possibly be there later that we liked as much [as a] higher [pick]. And could we defer those assets [and] move them along to maybe turn them into future pieces and still come up with something that we liked?”
  • The Wizards believe that Tim Frazier can contribute right away, reports Chase Hughnes of CSN Mid-Atlantic, in an interesting piece full of great quotes from Wizards president Ernie Grunfeld and head coach Scott Brooks.
  • Ira Winderman of The South Florida Sun-Sentinel writes that Dwyane Wade, who has come up often as a Heat target this offseason, is not necessarily leaving Chicago so soon despite the Bulls’ obvious entrance into rebuilding mode after dealing Jimmy Butler on draft day.