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Pistons Only Team With Cap Room Remaining

August 13th, 2024 at 1:57pm CST by Luke Adams

Now that the Jazz have used up their cap room by renegotiating Lauri Markkanen‘s contract and completing a series of minor signings, only one NBA team is still operating under the cap: Detroit.

The Pistons currently have a team salary of $130,348,501, giving them $10,239,499 in space below the cap ($140,588,000). They could increase that figure to nearly $18MM by waiving Paul Reed‘s non-guaranteed $7,723,000 salary, though there’s no indication they plan to do so.

With 14 players on standard contracts, the Pistons have an opening on their projected 15-man regular season roster for 2024/25 and could – in theory – make an aggressive offer to a free agent using their remaining cap room. But the unrestricted free agents who remain unsigned will likely end up on minimum-salary deals or something very close to it, so Detroit is unlikely to make a $10MM offer to any of them.

The lone standard restricted free agent, forward Isaac Okoro, makes sense as a target, given his age, defensive pedigree, and familiarity with new head coach J.B. Bickerstaff, who coached him in Cleveland. But there haven’t been any hints that the Pistons are considering an offer sheet for Okoro, and they’d probably have to waive Reed to put together an offer strong enough to dissuade the Cavs from matching.

In all likelihood, the Pistons will simply hold their remaining cap space open for now, keeping an eye on the trade market for opportunities that could net them additional assets, like their previous deals for Tim Hardaway Jr. and Wendell Moore.

In past years, it wasn’t unusual for teams to hold significant chunks of cap room open into the regular season, knowing they could use that space at the trade deadline to accommodate salary-dump deals. But the new CBA requires teams to spend up to at least the minimum salary floor before opening night — if they don’t, they lose that cap room and make themselves ineligible to receive the end-of-season payout from taxpaying teams. That’s likely one reason why the league-wide cap room has dried up so early in the year.

The minimum salary floor is $126.5MM this season, so the Pistons have surpassed that threshold.

While the Pistons are the only team with cap room available, clubs operating over the cap and well below the luxury tax line still have a good deal of flexibility to take on extra salary in trades due to the more generous salary-matching rules in the current CBA.

Those rules allow teams below the first tax apron to take back up to 200% of their outgoing salary (plus $250K) for any amount up to $7.5MM; the outgoing salary plus $7.5MM for any amount between $7.5MM and $29MM; and 125% of the outgoing salary (plus $250K) for any amount above $29MM.

For instance, if the Jazz were to trade Jordan Clarkson and his $14,092,577 salary, they could take back up to $21,592,577 (Clarkson’s salary, plus $7.5MM). By comparison, if the Pistons were to trade Hardaway ($16,193,183), they could take back up to $26,682,682 using their leftover cap room. That cap room certainly gives Detroit more financial flexibility in trade talks, but not necessarily significantly more.

And-Ones: Toscano-Anderson, 2024 Draft Class, Durant, FAs

August 13th, 2024 at 12:25pm CST by Luke Adams

Veteran swingman Juan Toscano-Anderson, who appeared in 11 games with Sacramento last season and spent much of the year playing for the Mexico City Capitanes, will be part of the G League United roster that plays a pair of exhibition games against Mega Basket in September (Twitter link).

In past years, the G League Ignite participated in those exhibition contests against international clubs — the most notable games occurred in 2022 when Scoot Henderson and the Ignite matched up against Victor Wembanyama and Metropolitans 92. However, with the Ignite no longer active, the NBAGL will put together an All-Star team of sorts for this year’s event.

Here are more odds and ends from around the basketball world:

Asked during an appearance on Podcast P with Paul George about No. 1 overall pick Zaccharie Risacher and the rest of the prospects selected near the top of his year’s draft, Hawks guard Trae Young suggested that there may not be any franchise players in the 2024 class. “Some guys might surprise us, but a lot of us look at them as role players,” Young said (hat tip to Clutch Points). “… Whether it’s Reed (Sheppard), who is going to be a hell of an NBA player or Alex (Sarr), who didn’t play well in Summer League, but is going to be a hell of an NBA player, a lot of these guys could be just role players, so I feel like the GMs this year were all probably just trying to figure out who is going to be the best role player for their team.”
Suns star Kevin Durant has become a minority stakeholder in the French soccer club Paris Saint-Germain, according to an announcement from his investment firm Boardroom (Twitter link). Sources with knowledge of the deal tell Peter Rutzler and Shams Charania of The Athletic that Durant and Boardroom bought a “single digit millions” shareholding in the club. Durant visited with the team while he was in France for the Olympics.
Who are the top free agents still available? Eric Pincus of Bleacher Report considers that question, ranking Cavaliers restricted free agent Isaac Okoro atop his list, followed by Markelle Fultz, Lonnie Walker, Cedi Osman, and Justin Holiday. Okoro, Fultz, and Osman are the only players from our June list of this summer’s top 50 free agents who are still seeking new deals.

Hoops Rumors Chat Transcript: 8/13/2024

August 13th, 2024 at 12:00pm CST by Arthur Hill

Hoops Rumors hosted a live chat today at 11 a.m. Central time (noon Eastern). Click here to read the transcript.

Categories:
Hoops Rumors Chats

BetterHelp 101: Understanding Online Therapy And How To Find Support (Sponsored)

August 13th, 2024 at 11:06am CST by Tim Dierkes

This is a sponsored post from BetterHelp. As a BetterHelp affiliate, MLB Trade Rumors receives compensation from BetterHelp if you purchase products or services through the links provided.

As society’s knowledge of mental health grows, more treatment opportunities are available to a more significant number of people living with mental health challenges. One such option is online therapy, which allows individuals to receive mental health support from a device with an internet connection from any location.

What Is BetterHelp?

BetterHelp is an online therapy platform that works with a database of over 30,000 counselors, therapists, social workers, and psychologists from all 50 US states and some countries worldwide. This platform aims to break down barriers that often keep people from seeking help, such as financial burdens, a rural location with limited options for therapy, or a lack of accessibility in one’s area.

Understanding BetterHelp

BetterHelp may work differently than meeting with a traditional therapist. Below are some ways individuals can use online therapy via this service.

Signing Up

Signing up for BetterHelp often takes a few minutes. The initial sign-up process is a questionnaire which asks prospective clients about the following:

Reasons for seeking therapy and goals
The individual’s diagnosis or mental health challenge
Therapist gender preferences
Whether they’d like to meet with an LGBTQ+, Black, or Asian therapist
Preferences for individual, couples, or teen therapy
Gender, age, sexuality (optional), pronouns, and relationship status
Spiritual identity
Past experience in therapy
Intimacy challenges
Substance use habits

After filling out the questionnaire, which may take around five to ten minutes, prospective clients will be directed to fill out their name, email, and password. Then, they will be sent to the payment page, where they can choose a plan. After the payment has been processed, it often takes around 48 hours for a therapist to be matched with them.

Payment

BetterHelp plans are charged monthly for four weeks of therapy. The overall monthly cost covers four sessions with the therapist (one per week) and access to all of BetterHelp’s other resources, such as support groups and classes. Cost ranges from $65 to $100 per week, which can be more affordable than traditional therapy.

The match process

Therapists are matched with clients based on the client’s responses to the questionnaire upon signing up. The only limitation is that a therapist must be licensed to practice in the state the client lives in to be able to work with them. Clients can change providers at any time for any reason.

Using the platform

Individuals can log in through the app or website to use the BetterHelp platform. There, they can find their messages with their therapist, a journaling feature, options to schedule appointments, and extra resources. Through the settings section, clients can check their billing information, change their therapist, and edit their profile. Weekly sessions with a therapist can be held via phone, video, or live chat, all through the app or website.

Extra resources

BetterHelp offers resources that might not be offered by in-person providers, such as the following:

Weekly support groups
Online classes by mental health experts
Goal tracking options
Journaling and journal prompts
Worksheets

All features are included in the platform’s weekly price, so clients can access them without paying extra.

BetterHelp’s outreach

BetterHelp works with the broader community to offer support to non-profit organizations and individuals in need. They have given over 65 million dollars in discounts and financial aid to cover therapy for low-income individuals and donated over 95,000 months of free therapy to communities in need. BetterHelp partners with over 100 non-profit organizations.

Who might benefit from an online therapy platform?

Online therapy is often more flexible and convenient than in-person options. This option might benefit people with a busy schedule, such as parents, full-time workers, and athletes, who may not have the time to commute to an extra appointment. Many of the most evidence-based modalities, such as cognitive-behavioral therapy (CBT) and dialectical behavior therapy (DBT), are available online.

Is online therapy effective?

Since 2021, four out of ten US adults have used this option. One study reported that over 71% of participants believed it was more effective than face-to-face therapy. Another study found that online therapy often led to increased quality of life for clients with anxiety and depression and was more affordable.

Takeaway

By seeking support online, financial, locational, and accessibility barriers can be removed, allowing more people to receive the support they seek. To get started, consider working with a platform like BetterHelp.

Jazz Notes: Filipowski, Juzang, Cap Room, Samanic, Tshiebwe

August 13th, 2024 at 10:53am CST by Luke Adams

The Jazz didn’t use the second-round pick exception to sign No. 32 selection Kyle Filipowski. Instead, Utah dipped into its remaining cap room to give Filipowksi a four-year, $12MM contract that includes a $3MM first-year salary, tweets ESPN’s Bobby Marks.

By comparison, a “maximum” deal using the second-round exception would have been worth $9,062,682 over four years, with a $2,087,519 first-year salary.

Filipowski’s contract, which includes a flat $3MM cap hit across all four seasons, is fully guaranteed for the first two years, with a non-guaranteed salary in 2026/27 and a non-guaranteed team option for 2027/28, Hoops Rumors has learned. Filipowski will have to remain under contract through June 30, 2026 to ensure he receives his full ’26/27 salary.

As our chart of rookie scale salaries shows, The Jazz rookie will receive more guaranteed money in the next two seasons than the final eight picks of the first round.

We have more out of Utah:

Johnny Juzang‘s new four-year contract with the Jazz is worth a total of $11,425,252, with a first-year salary of $3,087,519 for 2024/25, Hoops Rumors has learned. The final three years of the deal are non-guaranteed, so if Utah were to waive Juzang next June, the club wouldn’t be on the hook for his remaining cap hits of approximately $2.84MM (2025/26), $2.71MM (’26/27), and $2.79MM (’27/28). Re-signing Juzang using his Early Bird rights pushed the Jazz slightly over the 2024/25 cap ($140.6MM) — they’re now carrying $141.6MM in player salaries.
According to RealGM’s transaction log, the team renounced Luka Samanic‘s free agent rights as part of its series of moves in recent days. Samanic signed a contract with Turkish club Fenerbahce earlier this month.
With Lauri Markkanen no longer a trade candidate for the 2024/25 season, oddsmakers are projecting the Jazz to win between 27-30 games, according to Andy Larsen of The Salt Lake Tribune (subscription required). That wouldn’t be enough wins to contend for a play-in spot, but may be too many to give the team a good shot at a top-four pick. With that in mind, Larsen considers what’s next for Utah, suggesting that the team could improve its odds in the 2025 draft lottery by giving significant playing time to young players and/or trading away veterans like John Collins and Jordan Clarkson, even if it’s not getting anything of value in return for those vets.
Oscar Tshiebwe‘s two-way contract with the Jazz is for one year, Hoops Rumors has learned, so the 24-year-old will be eligible for restricted free agency in 2025.

NBA 2024 Offseason Check-In: Denver Nuggets

August 13th, 2024 at 9:19am CST by Luke Adams

Hoops Rumors is checking in on the 2024 offseason for all 30 NBA teams, recapping the summer’s free agent signings, trades, draft picks, departures, and more. We’ll take a look at each team’s offseason moves and consider what might still be coming before the regular season begins. Today, we’re focusing on the Denver Nuggets.

Free agent signings

Dario Saric: Two years, $10,594,400. Second-year player option. Signed using taxpayer mid-level exception.
Russell Westbrook: Two years, minimum salary ($6,772,731). Second-year player option. Signed using minimum salary exception.
Vlatko Cancar: One year, minimum salary. Re-signed using minimum salary exception.
DeAndre Jordan: One year, minimum salary. Re-signed using minimum salary exception.
Gabe McGlothan: One year, minimum salary. Non-guaranteed (Exhibit 10). Signed using minimum salary exception.
Jaylin Williams: One year, minimum salary. Non-guaranteed (Exhibit 10). Signed using minimum salary exception.
Jahmir Young: One year, minimum salary. Non-guaranteed (Exhibit 10). Signed using minimum salary exception.

Trades

Acquired the draft rights to DaRon Holmes (No. 22 pick) from the Suns in exchange for the draft rights to Ryan Dunn (No. 28 pick), the No. 56 pick in the 2024 draft, the Nuggets’ 2026 second-round pick, and the Nuggets’ 2031 second-round pick.
Acquired cash from the Hornets in a six-team trade in exchange for Reggie Jackson, the Nuggets’ 2025 second-round pick, the Nuggets’ 2029 second-round pick, and the Nuggets’ 2030 second-round pick.

Draft picks

1-22: DaRon Holmes
- Signed to rookie scale contract (four years, $15,203,657).

Two-way signings

Departed/unsigned free agents

Kentavious Caldwell-Pope (Magic)
Collin Gillespie (Suns)
Justin Holiday (unsigned)
Jay Huff (Grizzlies)
Braxton Key (unsigned)

Salary cap situation

Operating over the cap ($140.6MM), over the luxury tax line ($170.8MM), and between the first tax apron ($178.1MM) and second tax apron ($188.9MM).
Carrying approximately $182.6MM in salary.
Hard-capped at $188,931,000.
No form of mid-level or bi-annual exception available.
One traded player exception available (worth $5,250,000).

The offseason so far

For a second consecutive offseason since winning a championship in June 2023, the Nuggets’ rotation took a major hit. After losing top reserves Bruce Brown and Jeff Green in free agency a year ago, Denver saw starting shooting guard Kentavious Caldwell-Pope depart for Orlando this time around.

While it would be easy to cite the new tax apron rules as the reason why they couldn’t retain Caldwell-Pope, the Nuggets had the ability to outbid the Magic for him without derailing the rest of their summer plans if they’d been willing to commit to a significant luxury tax bill. This ownership group has typically been averse to operating too deep into the tax, however, even with three-time MVP Nikola Jokic in his prime and championship contention within reach.

Losing Caldwell-Pope allowed the Nuggets to free up their taxpayer mid-level exception, which they used to sign stretch forward/center Dario Saric. Saric is a solid role player who should play a role off the bench, but he won’t have the same kind of two-way impact that Caldwell-Pope has in recent years.

The Nuggets’ other major offseason addition was Russell Westbrook, who agreed to a two-year, minimum-salary deal (including a second-year player option) after being bought out by Utah. It remains to be seen how Westbrook will fit in Denver, but landing a former MVP and talented play-maker capable of breaking down defenses looks like a win for a team limited to minimum-salary offers.

Still, it’s fair to question the Nuggets’ offseason as a whole. Caldwell-Pope’s exit was a major blow, and the team’s work on the trade market raised eyebrows too — Denver surrendered a whopping six second-round picks in order to shed Reggie Jackson‘s expiring $5.25MM contract and to move up six spots in the first round to draft DaRon Holmes, who suffered a season-ending Achilles tear during his Summer League debut.

Even if Holmes had remained healthy, it’s unclear whether he would’ve been ready to play a major role as a rookie, so giving up all that future draft capital to select him and to move off a relatively small contract may not have been the best use of the Nuggets’ limited resources.

Denver also re-signed veteran center DeAndre Jordan, who played a limited role in 36 appearances last season, and forward Vlatko Cancar, who is coming off a torn ACL and didn’t play well for Slovenia in Olympic qualifiers this summer (he made just 3-of-19 shot attempts and was a -49 in three games). It’s possible the Nuggets will be able to get productive minutes from one or both big men, but expectations should be modest.

Up next

The Nuggets have 15 players on standard guaranteed contracts, three on two-way deals, and three more on Exhibit 10 pacts, so their roster looks set for the regular season.

The primary outstanding question in Denver this offseason is whether a lucrative new long-term contract for Jamal Murray will be finalized in the near future. A report in June indicated that Murray and the Nuggets were expected to come to terms on a four-year, maximum-salary extension that would begin in 2025/26 and would be worth nearly $208MM, based on the NBA’s latest cap projections.

Subsequent reporting indicating that the two sides would wait until after the Olympics to complete a new deal. Well, the Olympics are over, so are the Nuggets still planning to move forward on that maximum-salary extension? Presumably, we’ll get our answer soon.

That four-year extension is a worthwhile investment if Denver is getting the peak version of Murray, but he has battled injuries in recent years and certainly wasn’t at his best in the NBA playoffs (.402 FG%, .315 3PT%) or at the Olympics (.290 FG%, .143 3PT%).

I wouldn’t expect the Nuggets to get cold feet and back out of the deal completely, but with no formal agreement in place yet, maybe there’s some wiggle room for the team to protect itself a little with some injury language or a partially guaranteed final year. A fully guaranteed contract worth an average of $52MM annually for a player who has infamously never made an All-Star team would be risky and would create additional financial constraints for an organization already being affected by its high payroll.

Jazz Re-Sign Johnny Juzang To Four-Year Contract

August 13th, 2024 at 7:34am CST by Rory Maher

AUGUST 13: The Jazz have officially re-signed Juzang, according to NBA.com’s transaction log.

JULY 12: The Jazz are re-signing restricted free agent Johnny Juzang to a four-year, $12MM contract, reports Adrian Wojnarowski of ESPN.

A 6’7″ wing who starred in college at UCLA, Juzang went undrafted in 2022 before signing a two-way deal with Utah. He has spent his first two NBA seasons on two-way contracts with the Jazz, appearing in a total of 38 games.

Juzang played in 20 games for the Jazz in 2023/24, averaging 7.2 PPG, 1.8 RPG and 1.2 APG on .464/.416/.714 shooting in 18.6 MPG. Nearly all of those statistics were accumulated in the last month-plus of the season, with Juzang only making three appearances before March 4.

In addition to his NBA minutes, Juzang has been a regular contributor for the Salt Lake City Stars, Utah’s NBA G League affiliate. In 33 Showcase Cup and regular season games for the Stars last season (31.9 MPG), the 23-year-old averaged 20.6 PPG, 4.0 RPG and 2.5 APG on .465/.369/.904 shooting.

Based on the reported terms, it sounds like Juzang will receive more than a minimum-salary contract. The Jazz currently have the most cap room in the NBA, so they can afford to hand out a long-term deal in the hope that Juzang becomes a rotation regular going forward. If that occurs, the contract will look team-friendly; if not, it’s still a relatively modest cap hit.

While the exact details have yet to be confirmed, Juzang’s new deal is unlikely to be guaranteed for all four years.

And-Ones: Flagg, In-Season Tourney, Escrow Payments, Broadcasting Deals

August 12th, 2024 at 10:47pm CST by Dana Gauruder

Cooper Flagg goes No. 1 overall to the Nets. Dylan Harper is selected No. 2 by the Wizards. Bleacher Report’s Jonathan Wasserman has released his latest 2025 mock draft in the aftermath of major AAU tournaments, NBA camps, FIBA competition and the Paris Olympics.

It will be difficult for any prospect to recreate the buzz that enveloped Victor Wembanyama in 2023. However, there’s no doubt Flagg is the target right now for all rebuilding teams, according to Wasserman.

Rounding out the top five are Ace Bailey (Trail Blazers), V.J. Edgecombe (Pistons) and Drake Powell (Jazz).

Wasserman used FanDuel’s latest projected win totals to determine a draft order.

We have more from around the basketball world:

The NBA will unveil the schedule for the second annual in-season tournament on Tuesday afternoon via NBA Today on ESPN, the network’s PR department tweets. Officially called the Emirates NBA Cup, the six groups for the early rounds of the tournament were revealed last month.
NBA players had 5.25% of their salaries taken out of their paychecks for escrow payments for the 2023/24 season after the league finished its annual financial audit, Mike Vorkunov of The Athletic reports. The escrow program was established in 2011 to ensure that players don’t receive more than their contractual agreement with the team. The NBA normally takes out 10% of player’s salaries throughout the season to put into escrow to allow for the possibility that aggregate salaries outpace the players’ share of BRI, Vorkunov explains. It then returns money to players if its audit shows it had withheld too much.
NBA officially struck rights deals with ESPN, Amazon and NBC that will provide the league with $77 billion over 11 years, beginning in 2025/26. The Athletic’s Andrew Marchand details how those agreements came about and how they’ll impact the league.

Western Notes: DeRozan, Rockets, Suns, D. Jones

August 12th, 2024 at 9:30pm CST by Dana Gauruder

New Kings wing DeMar DeRozan is staying sharp in California. DeRozan erupted for 54 points for the Mecca Cheaters in the Drew League championship game on Sunday, Jason Anderson of the Sacramento Bee relays. The Drew League is a pro-am event held every year in Los Angeles. DeRozan was named the game’s MVP after his team erased a 16-point deficit in the final five minutes and pulled out a one-point victory.

A free agent last month, DeRozan was acquired from the Bulls in a blockbuster, three-team deal. His new contract with the Kings is worth approximately $74MM over three years.

We have more from the Western Conference:

The Rockets are doing some early bonding, according to Kelly Iko of The Athletic (Twitter link). Jalen Green is hosting a players-only minicamp in Los Angeles this week with Alperen Sengun, Reed Sheppard, Jabari Smith Jr. and Amen Thompson among the teammates expected to show up.
The Suns are hiring Oronde Taliaferro as their director of scouting, Michael Scotto of HoopsHype tweets. Taliaferro, who is expected to focus on college scouting, was previously a scout for the Nets.
The Thunder‘s Dillon Jones, the No. 26 overall pick, is one of the most interesting rookies in this class, Rylan Stiles of Sports Illustrated opines. Oklahoma City was interested in selecting Jones, a Weber State product, in the second round last year before he opted to return to college to improve his stock. The Thunder gave up five second-round picks in a deadline-deal with the Knicks to acquire the 26th pick. Jones could play a variety of positions for a coaching staff that enjoys tinkering with rotations and lineups.

Eastern Notes: Yabusele, Cayette-Wilson, Hornets, Valanciunas

August 12th, 2024 at 8:05pm CST by Dana Gauruder

Former Celtic forward Guerschon Yabusele, one of the top players on France’s Olympic team, wants to return to the NBA. Don’t expect Boston to make a run at him, The Athletic’s Jared Weiss writes.

Yabusele played two seasons with Boston after being drafted in the first round in 2016. Yabusele has a $2.5MM buyout in the final year of his contract with Real Madrid. The Celtics already have a similar player in Xavier Tillman and even minimum deals would result in a hefty luxury tax penalty for a franchise above the second tax apron.

We have more from the Eastern Conference:

Shelly Cayette-Weston, the Hornets’ new president of business operations, said that renovations for the team’s Spectrum Center are on schedule. “It’s a two-phase process, so that’s going to be a little interesting,” Cayette-Weston told Roderick Boone of the Charlotte Observer. “We’re going to have Phase 1 that opens this October, and then we’re going to go and do a lot more work even next summer. So, I want them to also prepare that it is a multi-phase summer project. But I think when they come in, still they’re going to immediately see some new clubs, some new spaces, you think about the entrance when you walk in and that plaza area.”
The Hornets have announced that their new health and performance staff will be led by Trent Salo, Boone tweets. Salo worked for the Pistons over the last seven seasons. Matthew Tuttle has been named director of sports medicine and Bryce Daub has the title of director of athletic performance. Quinton Sawyer has been promoted to head athletic trainer.
Jonas Valanciunas ranks as one of the league’s all-time best rebounders, Chase Hughes of Monumental Sports Network notes. Valanciunas has the ninth-best career rebound percentage (20.56%) in NBA history and the eighth-best defensive rebound percentage (29.05%). He’s also an efficient scorer who likes to set up in the post, giving the Wizards a different look. Valanciunas was acquired from the Pelicans in a sign-and-trade transaction.