2024 NBA Offseason Preview: Indiana Pacers

While their regular season success was overlooked to some extent due to more significant jumps in the standings in 2023/24 by Oklahoma City, Minnesota, and Orlando, you could make a case that no NBA team exceeded preseason expectations from start to finish by a greater margin than the Pacers.

After winning 25 games in 2021/22 and 35 in ’22/23, Indiana was projected to take another modest step forward in ’23/24 — oddsmakers had their over/under set at 38.5 wins. However, propelled by a high-flying offense led by star point guard Tyrese Haliburton, the Pacers didn’t spend a single day below .500 all season, finishing the year with a 47-35 record and a top-six playoff spot in the East. They knocked off the No. 3 Bucks and No. 2 Knicks in the postseason before falling to the eventual champion Celtics in the Eastern Conference finals.

Indiana likely wouldn’t have been one of the last four teams standing if not for some injury luck in the playoffs. Giannis Antetokounmpo, Damian Lillard, Julius Randle, OG Anunoby, Mitchell Robinson, and Bojan Bogdanovic were some of the opposing players who missed most or all of their playoff series vs. Indiana.

Still, the Pacers beat the teams in front of them in the first two rounds, then played the Celtics about as competitively as a team on the losing end of a sweep can, dropping one game in overtime and two more (without Haliburton) by a single basket. They likely won’t enter the 2024/25 season as a favorite to return to the Eastern finals, but this is a good team that doesn’t appear to have reached its ceiling yet.

To continue getting better, the Pacers may have to rely mostly on internal improvement and tweaks around the margins. Haliburton’s All-NBA season means his maximum-salary rookie scale extension will begin at 30% of the 2024/25 cap (instead of 25%) and the club has already committed to a similar max deal for free agent forward Pascal Siakam. Those two contracts will occupy a substantial chunk of Indiana’s cap room for the next few years, and the club gave up a handful of first-round picks in order to acquire Siakam from Toronto in the first place.

That doesn’t mean the Pacers have no paths to making upgrades though — two of the three first-rounders they gave up for Siakam were 2024 picks, so they still have future draft assets available to offer up in trade talks. And even with max deals for Haliburton and Siakam set to hit the books, the team isn’t quite up against the luxury tax line yet. There’s room to maneuver here, even as the ongoing development of young players like Haliburton, Bennedict Mathurin, Jarace Walker, and Ben Sheppard offers hope of growth from within.


The Pacers’ Offseason Plan

As noted above, the Pacers have already taken care of the No. 1 item on their summer to-do list. They became the first team to take advantage of the NBA’s new rules allowing clubs to negotiate with their own free agents beginning one day after the end of the NBA Finals, quickly coming to terms on a reported four-year, maximum-salary deal with Siakam.

There are a couple caveats to keep in mind here. First, that deal can’t be officially signed until July 6, so it’s technically possible for it to fall apart before then, but that’s extremely unlikely. Siakam has seemed to genuinely enjoy his time with his new team, and the Pacers acquired him knowing they would probably have to go up to the max to retain him beyond 2023/24. He did nothing during his half-season in Indiana to dissuade them from making that offer, leading the team in scoring and rebounding in both the regular season and the playoffs.

Second, while Siakam’s new deal has been reported as a four-year max, we won’t know all the specific details of that deal until it’s official. Are all four seasons fully guaranteed? Are the base salaries technically slightly below the max, with incentives available to max it out? Is there an option on year four?

The answers to these questions will go a long way toward determining just how much risk the contract carries in the back half (Siakam will be 34 when it expires), but regardless, it’s a deal the Pacers had to make. Indiana isn’t a free agent destination, so when the team finds itself in a position to lock up a two-time All-NBA forward for the foreseeable future, it has to take advantage of that opportunity.

With Siakam taken care of, the Pacers have just about all of their rotation players under contract for 2024/25, but there are a couple exceptions. Reserve forward Obi Toppin is eligible for restricted free agency this summer, while backup big man Jalen Smith holds a $5.4MM player option that he may decline. Of the players who finished the season on the roster, Toppin and Smith ranked seventh and ninth, respectively, in minutes per game.

Accounting for Siakam’s new contract and T.J. McConnell‘s full salary (it’s partially guaranteed for now), the Pacers are already on the hook for about $149.4MM for 10 players, which doesn’t include new contracts for either Toppin or Smith. I imagine ownership would prefer to stay below the projected luxury tax line of $171.3MM if possible — that means it could be a tight fit to retain both Toppin and Smith and then fill out the rest of the roster.

On the surface, Toppin looks like the logical keeper if the Pacers have to decide between the two. The former lottery pick thrived in the team’s up-tempo offense, settling into a role off the bench as an efficient scorer and rebounder (and even a shooter — his .403 3PT% was a career high). He was a key part of the postseason rotation, while Smith was barely used in the playoffs.

But the equation won’t necessarily be that simple. While Toppin’s qualifying offer is worth about $7.7MM, there may be a team willing to give him a deal that starts in the neighborhood of the full mid-level ($12.9MM) or even a little higher than that — matching such an offer could force the Pacers to go over the tax line. Plus, if Smith ultimately gets a sense that he’s better off picking up his player option than testing the open market, he can lock in his $5.4MM cap hit without the club having any real agency in the decision, which would make it trickier to re-sign Toppin and stay out of the tax.

Of course, it’s worth stressing that there are no rules preventing the Pacers from signing both players to new contracts. Maybe ownership will be comfortable paying a small tax bill for a roster coming off an Eastern Conference finals appearance. If Toppin’s price comes in lower than expected, perhaps they could even squeeze both players and two or three more in below the tax line. A trade that reduces salary elsewhere on the roster would also be an option.

One additional factor that should help the Pacers navigate the tax line and the aprons? The team holds three 2024 second-round picks, at Nos. 36, 49, and 50. I wouldn’t necessarily expect Indiana to use all three picks on players who will immediately sign standard contracts, but adding one or two of them to the 15-man roster would make sense financially — a minimum-salary free agent would count for about $2.09MM for cap and tax purposes, whereas a second-round pick will likely count for just $1.16MM.

Gaining that bit of extra financial wiggle room with a couple roster spots could end up coming in handy, and Indiana’s scouting department showed with its Sheppard pick at No. 26 in last year’s draft that it can find players further down the draft board who are capable of contributing right away (during the playoffs, Sheppard averaged 19.7 MPG and started two games).

The Pacers will also have contract extension decisions to make in 2024/25 for a pair of players who look more valuable than ever coming off the team’s extended playoff run.

Myles Turner was considered a trade candidate for years and appeared to be on the outs in Indiana back in 2022 when the club signed Deandre Ayton to a maximum-salary offer sheet, while McConnell began the 2023/24 season out of the rotation. But both players were huge parts of the Pacers’ success in ’23/24, with Turner averaging 17.0 points per game on .517/.453/.760 shooting in 17 playoff starts, while McConnell averaged 11.8 PPG and 5.1 APG off the bench in those 17 games.

Turner won’t become extension-eligible until midway through the season, but McConnell could be signed to a new deal beginning in July.

It will be interesting to see what the price point is for Turner, who has never been viewed as a star but is that rare form of center who can both capably protect the rim and hit three-pointers. He’ll earn $19.9MM in the final year of his current contract in 2024/25 and it’s safe to assume he’ll be seeking a raise on his next deal. I expect his camp to keep a close eye on what Nic Claxton gets in free agency — if Claxton signs for upwards of $25MM per year, Turner’s reps could make a case for an even larger payday for their client by arguing that he makes a similar impact to Claxton on defense and is more versatile offensively.

McConnell, 32, is four years older than Turner, plays a lesser role, and will make $9.3MM in ’24/25. His next deal won’t be as lucrative as his teammate’s, but there’s no reason to count on him taking a pay cut. The pesky 6’1″ guard is coming off perhaps the best two-year stretch of his career, having averaged 9.4 PPG, 5.4 APG, and 2.9 RPG on .550/.427/.823 shooting since the start of the 2022/23 season. He’s a Rick Carlisle favorite and has shown how useful he can be on a winning team.

If the Pacers aren’t comfortable with how the initial extension negotiations go with McConnell, they can afford to be patient. He’ll be extension-eligible for the entire 2024/25 league year, up until June 30, so there’s plenty of time to get something done. The window for Turner is a little smaller, since he won’t become extension-eligible until January 30.

It’s worth noting that Indiana traded Buddy Hield in a contract year a few months ago when it became clear that he and the club weren’t going to agree to terms on an extension. I don’t think the Pacers will want to move Turner or McConnell, but it’s a possibility worth monitoring if one or both players don’t have a deal in place before February’s trade deadline.


Salary Cap Situation

Guaranteed Salary

Non-Guaranteed Salary

  • T.J. McConnell ($4,300,000)
    • Partial guarantee. Rest of salary noted above. McConnell’s salary will become guaranteed if he remains under contract through June 28.
  • Kendall Brown ($2,120,693)
  • Total: $6,420,693

Dead/Retained Salary

Player Options

Team Options

  • None

Restricted Free Agents

  • Obi Toppin ($7,744,600 qualifying offer / $20,409,036 cap hold): Bird rights
  • Total (cap holds): $20,409,036

Two-Way Free Agents

Draft Picks

  • No. 36 overall pick (no cap hold)
  • No. 49 overall pick (no cap hold)
  • No. 50 overall pick (no cap hold)

Extension-Eligible Players

  • Isaiah Jackson (rookie scale)
  • T.J. McConnell (veteran)
  • Doug McDermott (veteran)
    • Extension-eligible until June 30.
  • Andrew Nembhard (veteran)
  • Pascal Siakam (veteran)
    • Extension-eligible until June 30.
  • Jalen Smith (veteran)
    • Player option must be exercised.

Note: Unless otherwise indicated, these players are eligible for extensions beginning in July.

Unrestricted Free Agents

  • Pascal Siakam ($42,300,000 cap hold): Bird rights
    • Siakam’s cap hold will be his maximum salary (30% of the 2024/25 cap).
  • Doug McDermott ($21,000,000 cap hold): Bird rights
  • James Johnson ($2,093,637 cap hold): Early Bird rights
  • Total (cap holds): $65,393,637

Other Cap Holds

  • Gabe York ($1,867,722 cap hold)
  • Total (cap holds): $1,867,722

Note: The cap hold for York is on the Pacers’ books from a prior season because he hasn’t been renounced. He can’t be used in a sign-and-trade deal.

Cap Exceptions Available

Note: The Pacers project to operate under the cap and under the first tax apron. If they approach or exceed the first apron, they would lose access to the full mid-level exception and bi-annual exception and would gain access to the taxpayer mid-level exception ($5,183,000).

  • Non-taxpayer mid-level exception: $12,859,000
  • Bi-annual exception: $4,681,000
  • Trade exception: $159,471

Note: Unless otherwise indicated, trade exceptions don’t expire before the regular season begins.

Stein’s Latest: Hardaway, LaVine, Lakers, Cavs, Pistons, Spurs

Mavericks forward Tim Hardaway Jr. is a prime trade candidate to watch, according to Marc Stein, who says in his latest Substack article that Dallas is more likely than ever to find a deal this offseason involving Hardaway, who has been on the trade block during previous transaction windows. He’s entering the final season of his four-year contract and his cap hit is declining to $16.2MM, which should make him a little easier to move than he has been in the past.

Stein suggests that finding a deal involving Hardaway is a “key element” of the Mavs’ plans to re-sign Derrick Jones. The implication there is that moving off of Hardaway’s contract could free up the non-taxpayer mid-level exception for Jones, allowing Dallas to sign him for up to $12.9MM instead of up to $5.2MM (the amount of the taxpayer MLE).

It’s unclear if that means the Mavs will look to offload Hardaway without taking back any salary in return, or if they hope to take back a lesser-paid player in any deal.

Here’s more from Stein’s latest round-up of rumors from across the NBA:

  • While the Jazz and Sixers have both been linked to Zach LaVine as of late, Stein hears from league sources that Philadelphia has minimal interest in the Bulls guard and says he’s been “advised to dismiss” Utah’s reported interest as well.
  • The Lakers hope to hire two former head coaches as assistants on J.J. Redick‘s staff. Scott Brooks has been reported as one Lakers target, and Stein suggests James Borrego might be another, though he says the Pelicans are determined to keep Borrego on Willie Green‘s staff if he doesn’t get a head coaching job. The Celtics are likewise hoping to fend off interest from the Lakers and any other rivals for assistant Sam Cassell, with Charles Lee and Jeff Van Gundy having already been hired for new jobs this spring.
  • Speaking of Borrego, both he and Kenny Atkinson continue to be top candidates for the Cavaliers‘ head coaching vacancy, which Stein expects to be filled soon. Depending on who gets that job, either Borrego or Atkinson (or both, if Cleveland chooses another candidate, such as Micah Nori) are expected to be in the mix for the Pistons‘ head coaching position, according to Stein, who adds that Detroit’s search could extend into July.
  • According to Stein, rumblings about the possibility of the Spurs making a trade with the Hawks to move up from No. 4 to No. 1 haven’t gone away. The wording of this item from Stein makes it sound as if Alexandre Sarr might be the target in that scenario, but that seems unlikely, given that Sarr doesn’t look like a great fit next to the French big man already on San Antonio’s roster (Victor Wembanyama).

Warriors Rumors: Thompson, Paul, Trade Market, Looney

Contract talks between the Warriors and Klay Thompson are “essentially frozen,” according to Anthony Slater of The Athletic, who reports that Thompson’s departure from Golden State feels more plausible than ever.

There’s no offer currently on the table for Thompson, and no productive talks have taken place recently between the Warriors and the veteran’s representatives, Slater writes, explaining that the team has been focused on other offseason issues, including the possibility of finding a trade involving Chris Paul‘s expiring contract.

Paul’s $30MM salary for 2024/25 is non-guaranteed but could be partially or fully guaranteed if Golden State wants to use it as a salary-matching piece. Guaranteeing it for 50%, for example, would allow it to count as $15MM in outgoing salary in a trade. League sources tell The Athletic that there have been discussions with Paul about the possibility of moving his guarantee date from June 28 to July, which could push back potential resolution with Thompson even further.

As Slater observes, if the Warriors are able to acquire an impact, high-salary player in a deal involving Paul, it would affect what they might be willing to offer Thompson, since they’d like to move below the second tax apron this offseason, or perhaps even out of the tax altogether.

Here’s more from Slater:

  • One factor the Warriors are weighing in their approach to contract talks with Thompson is a belief that his free agent market may not be robust as expected. According to Slater, there has been chatter that teams may prefer shorter-term contracts for veteran free agents this summer, so Golden State may not have to top a big, longer-term bid from a rival suitor. There hasn’t been any traction between the Magic and Thompson, despite some reported mutual interest, sources tell Slater.
  • Still, even if Thompson’s price comes in lower than anticipated, that doesn’t mean he’ll end up back with the Warriors. It’s “increasingly conceivable” that the five-time All-Star and four-time champion could seek a fresh start elsewhere, per Slater, who cites some “built-up friction” from the past couple seasons.
  • While Kevon Looney has been viewed as a possible candidate to be released due to the structure of his contract (only $3MM of his $8MM salary is guaranteed), that’s not the Warriors’ plan right now, Slater reports. Looney’s contract will become fully guaranteed if he remains under contract through Monday, and there’s no indication at this point that he’ll be waived before then. However, that doesn’t necessarily mean he’ll remain in Golden State, since his expiring contract could be useful in a trade, Slater adds.
  • As Slater explains, waiving Looney and replacing him with a minimum-salary center wouldn’t create significant cap or tax savings, and cutting him to try to re-sign him on a minimum deal isn’t an option being seriously considered, since he might get a more lucrative offer from another team in that scenario. According to Slater, the big man is still one of head coach Steve Kerr‘s favorite players and his voice is valued in the locker room.

And-Ones: Role Players, Extension Candidates, Team Tiers, SLC Summer League

Derrick White was a home-run addition for the Celtics back in 2022. After he was acquired for a modest package from the Spurs, White established himself as one of the best defenders in the league and played a crucial role in Boston’s title run. Kevin O’Connor of The Ringer takes a look at 10 other role players league-wide who could follow in White’s footsteps and play important parts on title contenders down the line.

O’Connor breaks the 10 players down into three categories. Hidden gems are players who had some success in their careers but were willing to tweak their games to help their teams win, like White and Denver’s Bruce Brown last year. Reinventable talents are players like Kristaps Porzingis or Aaron Gordon who were lottery talents who were best able to showcase their skills in downsized roles. Lastly, proven veterans like Jrue Holiday and Kentavious Caldwell-Pope, guys who have title game experience, are crucial to success.

Collin Sexton, Ayo Dosunmu, Deni Avdija, Day’Ron Sharpe and Luke Kennard make up O’Connor’s hidden gems category; Anfernee Simons, Jerami Grant and Patrick Williams are the reinventable talents; and Mikal Bridges and Bruce Brown are proven veterans to trade for, with Brown having switched categories following his success in Denver.

It remains to be seen which of these players are actually obtainable but most, if not all, have found their names in trade rumors at one point or another. Williams (restricted), Kennard (team option) and Brown (team option) could all hit free agency this summer.

We have more from around the basketball world:

  • Jayson Tatum is eligible for a super-max, five-year extension worth up to $315MM this offseason. Fresh off a title, extending him will be a priority for the Celtics. ESPN’s Bobby Marks analyzes 17 stars across the league who are extension-eligible, including Tatum and White (ESPN+ link). Joel Embiid, Jimmy Butler, Donovan Mitchell and Brandon Ingram are other key extension candidates to watch, as all are eligible in July.
  • As it stands, Boston might be the one fully-formed title contender heading into the offseason, with teams like the Mavericks, Nuggets, Timberwolves and Thunder all considered one move away from launching into that tier, according to ESPN’s Tim Bontemps (ESPN+ link). Bontemps breaks down all 30 teams into tiers heading into the summer, including contenders, emerging teams, those who are stuck, and those who are rebuilding. Two teams — the Heat and the Warriors — are teams with big money tied up but have huge questions about their identity. Bontemps also identifies the Rockets and Grizzlies as teams who could move up in the Western Conference’s hierarchy next season.
  • The NBA announced its three-day schedule for Salt Lake City Summer League, with the Thunder, Sixers, Grizzlies and Jazz set to compete. The event tips off on July 8 and runs through July 10. Day one provides matchups between the Thunder (who hold the No. 12 pick) and Sixers (No. 16 pick), as well as the Grizzlies (No. 9 pick) and Jazz (No. 10 pick). Some younger players like Utah’s Taylor Hendricks and Brice Sensabaugh could see playing time in the event, as well as each team’s 2024 draftees.

Northwest Notes: Caruso, Giddey, Jazz Draft, Smith

After issuing a candid statement on the one-for-one swap of Josh Giddey for Alex Caruso within a press release, Thunder general manager Sam Presti spoke to reporters on Friday to further explain the move.

The opportunity to add Caruso is really unique,” Presti said, per The Oklahoman’s Justin Martinez. “Fortunately, everything lined up. If we couldn’t get the return that we wanted or the player that we wanted, we’d be in a different situation. But it worked out for everybody.”

Presti added that he’s sure Giddey would have returned and played in a bench role if the opportunity to acquire Caruso didn’t pan out. Although he praised Giddey, it was clear Presti was excited about the opportunity to add one of the league’s top guard defenders in Caruso.

People often times look at height when they talk about wing players,” Presti said. “We look at effectiveness. His effectiveness on bigger wing players is extraordinary. … We’d rather someone who’s effective against those players than is ineffective but as tall.

Caruso will join a Thunder team that ranked toward the middle of the pack in points allowed but registered a top-four defensive rating and ranked first in steals and blocks.

The data on him is extremely high class,” Presti said. “It’s just another versatile player. … It’s all about the team [for Caruso]. It’s all about the technicalities and the curiosity about his own game and what it is he does well.  He’s a colossal competitor, and we want to have as many of those guys as we can in the building.

We have more from the Northwest Division:

  • Caruso, who played for the Oklahoma City Blue from 2016-17 under coach Mark Daigneault, is returning to Oklahoma City at the right time, Joe Mussatto of The Oklahoman writes in a subscriber-only piece. Caruso averaged 10.1 points, 3.8 rebounds, 3.5 assists, 1.7 steals and 1.0 blocks last season while shooting 40.8% from three. He’ll look to help a Thunder team that finished first in the Western Conference this season get over the hump in the postseason.
  • The Jazz have an opportunity to bolster their roster with the Nos. 10, 29 and 32 picks in the 2024 draft, and they need to consider prospects who can shoot, defend or have a high feel for the game, Andy Larsen of The Salt Lake Tribune writes. In Larsen’s view, Utah should aim to take Colorado’s Cody Williams at No. 10, Kansas’s Johnny Furphy at No. 29 and Virginia’s Ryan Dunn at No. 32, if possible.
  • The Nuggets, who hold the No. 28 pick in Wednesday’s draft, are hosting G League Ignite forward Tyler Smith for a workout on Friday, Tony Jones of The Athletic tweets. The 6’11” big man averaged 13.7 points and 5.1 rebounds while shooting 36.0% from three on 3.7 attempts last season.

Gores: Pistons “Needed A Fresh Start” In Hiring Langdon

The Pistons hired new president of basketball operations Trajan Langdon and moved on from former head coach Monty Williams this month, wiping the slate clean after a franchise-worst season. A year ago, the Pistons made Williams the highest-paid coach in the NBA at the time, circling back to him after he turned down their initial overtures. What followed was a year mired by injuries, plateaued development from the team’s young players outside of Cade Cunningham, and a lack of either spacing or a veteran presence on the team.

After assessing everything, I really felt the best choice for the organization was a fresh start,” owner Tom Gores said during Detroit’s official introduction of Langdon on Friday. “Our mistakes in the past has nothing to do with just one person. We needed a fresh start and we needed Trajan to lead with a fresh start.

According to The Athletic’s James L. Edwards III, the Pistons were impressed by Langdon’s willingness to bring in people around him who could cover skills he wasn’t as well-versed in. With the organization reportedly seeking synergy, hiring Langdon was a good start, Edwards writes.

Both Gores and Langdon expressed the need for Detroit to be more aggressive in bringing in outside help during free agency this offseason.

These young players, they need to play, but, yes, bringing in veterans who hopefully have a lot of know-how, some IQ and can shoot the ball, that’s going to be the target so that we can spread the floor and make it easier for the development of our young players,” Langdon said. “We’re going to look to do that, hopefully, through trade and free agency. That is how we’re going to attack this summer.

Meanwhile, Gores expressed disappointment with how last offseason went and how it was one of the main mistakes the team made last year (Twitter link via Omari Sankofa II of Detroit Free Press).

We have to have players who are active,” Gores said. “It’s not good enough to be a free agent, come over and not play.

As for who will take over for Williams in the head-coaching role, Langdon said the search won’t take a back seat to the preparations for the draft and free agency. As we wrote on Thursday, the Pistons plan to interview former Cavaliers coach J.B. Bickerstaff, Mavericks assistant Sean Sweeney and Timberwolves assistant Micah Nori. James Borrego has also been listed as a potential frontrunner and is expected to get an interview.

Here are a few more notable quotes from Friday’s presser via Edwards, Keith Langlois from Pistons.com and Sankofa:

Langdon on the draft:

I think we’re going to get a good player at five. We like five a lot. We’re looking for the guy we feel has the best upside out of this draft and if that guy’s not there at five and there’s a team that’s willing to give us an asset value to flip back, then maybe that’s an opportunity, as well. But as of right now, our vision is not to be out of this draft. We want to draft a player and if we do flip back, it’s not going to be that far.

Langdon on bringing in front office executives Michael Blackstone and executive J.R. Holden:

Michael Blackstone … the thing I needed the most, especially coming into this situation, is a strategist, someone who really understands the cap. He has a big-time negotiating background and is very systematic and thoughtful in regards to what we need to from a roster and staffing standpoint.

“… J.R. Holden and I have a longstanding relationship from playing overseas. He understands what winning looks like and the culture and environment that we’re trying to create here. He’s cut his teeth here before with Stan (Van Gundy), in Philadelphia and the last five years in Brooklyn with Sean Marks.”

Gores on Langdon’s ability to turn things around:

I’m extremely confident this partnership with Trajan is going to work. That it is going to turn our franchise around. The mistake of the past is thinking a magic bullet will just handle things. As Trajan said, it’s about the details. It’s about everyday leadership. Greatness is built on the details and you can’t skip those. So I’m extremely confident. Trajan’s into details and he has an ability to be strategic and have vision and then an ability to speak with people and inspire them.

Gores on the franchise’s pecking order for decisions:

Trajan is the boss. He’s the president of basketball. He can come to me, he can get recommendations from [chairman Arn Tellem]. One of the things we needed was that single source of decision-making and have that person really pull together everything so that we can make decisions.

Draft Notes: Rockets, Wizards, Suns, France, Big Boards

The Rockets may be more interested in moving their pick than keeping it, Yahoo Sports’ Jake Fischer reports. Offers for the selection are expected to be entertained until Houston is on the clock at No. 3 in Wednesday’s draft. If Houston does stand pat at No. 3, Reed Sheppard appears to be the heavy favorite for that spot. The Trail Blazers are among the teams that have called the Rockets about moving up to No. 3 in the draft.

According to Fischer, the Wizards have the league convinced they’re honing in on Perth’s Alexandre Sarr. As reported, Sarr hasn’t conducted a private workout for the Hawks, holders of the No. 1 selection, and Fischer reports Sarr’s preferred destination is, in fact, Washington. Beyond their plans at No. 2, the Wizards are a “prime candidate” to move up from No. 26 and have also been seeking a third first-round pick, Says Fischer.

Further down the draft, the Suns are a strong candidate to trade down from No. 22. The goal for the Suns, Fischer writes, would be to accumulate future second-round picks to restock their draft capital for trade flexibility. Additionally, the idea of adding inexpensive rookie contracts onto an expensive roster appeals to Phoenix.

We have more from around the draft:

  • A flood of talent is following 2023 No. 1 overall pick Victor Wembanyama from France, Yahoo Sports’ Krysten Peek writes. His former teammate Bilal Coulibaly was selected No. 7 overall in last year’s draft and another ex-teammate, Armel Traore, could be in play in the second round of this year’s draft. Additionally, Zaccharie Risacher and Sarr are seen as the favorites for the top two draft selections in this class, while Tidjane Salaun, Melvin Ajinca and Pacome Dadiet are all likely to be selected this year too. Down the line, Nolan Traore and Nathan Soliman are picking up steam in future draft classes.
  • Risacher, Sarr and UConn’s Donovan Clingan, in that order, round out ESPN’s top three players on Jonathan Givony’s final big board update before the draft. Givony and Jeremy Woo provide their picks for the top 100 players in the class, with Sheppard, G League Ignite’s Matas Buzelis, UConn’s Stephon Castle, Tennessee’s Dalton Knecht, Kentucky’s Rob Dillingham, Salaun, and Serbia’s Nikola Topic filling in the rest of their top 10 (in that order).
  • Risacher is lower on Sam Vecenie’s draft board at The Athletic, with the French wing coming in at No. 5. Salaun, Buzelis, Dillingham and Topic all sit outside the top 10 of Vecenie’s annual draft guide, while he ranks Colorado’s Cody Williams (No. 6), Providence’s Devin Carter (No. 7), Pitt’s Carlton Carrington (No. 8) and Ron Holland of the G League Ignite (No. 10) among the top 10. I highly recommend both Givony’s and Vecenie’s draft guides if you have a subscription to either platform, as this is some of the top draft content to come out annually.
  • Clingan is the name most linked to the Hawks over the past week, Vecenie writes in a recent mock draft. While Atlanta has openly stated it is content with standing pat at No. 1, Vecenie hears there’s an impression the club is open to making a move if the right deal presents itself. However, Atlanta hasn’t finalized its decision yet and even if it wanted to trade down to select him later, Chicago and Memphis have expressed interest in taking Clingan themselves if they can trade up. Vecenie indeed has Washington landing Sarr and Houston getting Sheppard, but has Risacher falling to San Antonio at No. 4, Buzelis going No. 5 to Detroit and Castle landing in Charlotte at No. 6.

Haynes’ Latest: Harris, Beasley, KCP, Ingram, George

The Pistons, Spurs, and Pelicans are among the teams expected to have interest in Tobias Harris this offseason, according to Chris Haynes of Bleacher Report (video link), who confirms that the Jazz and Mavericks are in that group as well, as previously reported. While Harris, an unrestricted free agent, isn’t expected to return to Philadelphia, he’ll draw “ample interest” from other suitors, says Haynes.

Detroit, San Antonio, and Utah are all in position to open up cap room this summer, whereas New Orleans and Dallas project to at least flirt with the luxury tax line. If the Pelicans or Mavs pursue Harris, it would likely have to be via sign-and-trade, Haynes notes.

Here are a few more items of interest from Haynes:

  • Malik Beasley has almost certainly played his last game with the Bucks, according to Haynes (video link). Milwaukee doesn’t have the ability to offer Beasley more than 20% above his minimum salary, whereas the veteran swingman will likely be seeking a deal in the mid-level range after ranking among the NBA’s top three-point shooters in 2023/24 — he made 41.3% of 6.9 attempts per game.
  • If Kentavious Caldwell-Pope doesn’t agree to a new deal with the Nuggets during the exclusive negotiating period, he won’t pick up his $15.4MM player option for 2024/25 at the June 29 deadline, per Haynes (video link). That doesn’t mean Caldwell-Pope will definitely leave Denver, since he and the team could still come to terms after that, but he would at least test the market in that scenario. There would be a “plethora” of teams, and “not just contending teams,” who would have interest in the veteran wing, Haynes adds.
  • Haynes says he “definitely” thinks Pelicans forward Brandon Ingram will be traded this summer, though he’s still working to confirm the likeliest landing spots for the former All-Star (video link).
  • Five months after they extended Kawhi Leonard, the Clippers still don’t have a deal in place with their other star forward, but they’re “not panicking” as Paul George nears potential free agency, according to Haynes, who says signing the nine-time All-Star to a new contract continues to be L.A.’s number one offseason priority (video link). Haynes adds that he believes the Magic have shown some interest in George, which has been previously reported.

2024 NBA Offseason Preview: New York Knicks

The Knicks‘ 47-35 record in 2022/23 was their best mark since the days of Carmelo Anthony and Mike Woodson, and their first-round triumph over Cleveland last year was the team’s first playoff series win in a decade. So the fact that they were even better in 2023/24 was no small feat.

This year’s Knicks improved their record to 50-32, and while they didn’t advance any further in the playoffs this spring than they did in 2023, they put up a stronger fight in the second round, taking a 3-2 lead over Indiana before a series of injuries caught up to them.

Jalen Brunson, who began heading down a path toward stardom in his first year as a Knick, completed that journey this past season, finishing fifth in MVP voting and claiming a spot on the All-NBA second team. He set new career highs in points (28.7) and assists (6.7) per game while providing crucial availability (77 starts) for a Knicks team that battled the injury bug all season long.

Brunson’s emergence as a legitimate star raises the team’s ceiling on the court going forward and changes the outlook for the front office. It seems safe to assume that head of basketball operations Leon Rose won’t be looking to acquire a ball-dominant guard (like, say, Donovan Mitchell) anytime soon.

Brunson has become the star point guard New York had been missing for so long, reducing any urgency the club might have felt to package assets in a trade for an impact player. Most of those assets are still on hand and could be used on the trade market if the right opportunity arises, but the Knicks can afford to be patient in waiting for that right deal, shifting their focus to wings, forwards, and big men rather than lead guards.

While the Knicks’ injury woes may have prevented the club from making a deeper playoff run, they created opportunities for players who otherwise wouldn’t have played such substantial roles. Isaiah Hartenstein, Donte DiVincenzo, Miles McBride, and Precious Achiuwa were among those who thrived upon taking on additional responsibilities. That should pay off in the long run, assuming New York is able to keep its roster intact (Hartenstein and Achiuwa are free agents, as is midseason acquisition OG Anunoby).

Running it back with a similar group would give the team one of the NBA’s deepest rosters once Julius Randle, Mitchell Robinson, Anunoby, and Bojan Bogdanovic are back to full health. And, having seen the way those reserves performed in increased roles, the Knicks are in position return to the trade market confident they’ll still have plenty of depth even if they give up multiple solid rotation pieces in a deal for a single player, like they did when they gave up Immanuel Quickley and RJ Barrett for Anunoby in December.

Knicks fans have had a rough go of it for the last couple decades, but the team’s future looks brighter now than it has at virtually any other point in the 21st century.


The Knicks’ Offseason Plan

Re-signing Anunoby is an important first step for the Knicks this summer. The former Raptor is one of the NBA’s best three-and-D players – he has a .383 3PT% over the past five seasons and an All-Defensive nod under his belt – and his impact in his first 23 games as a Knick was undeniable. The team’s net rating during his 802 regular season minutes was an incredible +21.7. New York’s offensive rating (122.6) and defensive rating (100.9) during those minutes both would’ve ranked first in the NBA.

Anunoby’s injury history is a concern. He has been unavailable for at least 29 games in three of the past four seasons (he missed 15 in the fourth) and was on the shelf for most of the second-round series vs. Indiana last month. Plus, if a cap-room contender like the Sixers or Thunder gets involved in the bidding, his price as a free agent could rise higher than what the Knicks would prefer to pay. But New York didn’t acquire him to be a rental, and he’s been such a perfect fit that it’s hard to see the club letting him get away unless a rival suitor comes in with a long-term, maximum-salary offer.

Another team could offer Anunoby up to a projected $182MM over four years; the Knicks would likely be more comfortable with something in the four-year, $140-150MM range. We’ll have to wait to see if that’ll be enough to get it done or if they’ll face a decision on whether to match (or top) a higher bid.

The decision on Hartenstein should be a bit more straightforward. Since the Knicks hold the big man’s Early Bird rights, they’re limited to offering him a 75% raise on his previous salary. That works out to a starting salary around $16.2MM and a maximum four-year total of approximately $72.5MM. New York will have to determine whether it’s comfortable offering that full amount, which would be a significant investment in a player who is coming off a two-year, $16MM deal and who was averaging just 17.0 minutes per game before Robinson went down with his ankle injury.

It’s possible – but not certain – that another team would be willing to go even higher than $72.5MM over four years for Hartenstein, a reliable defender, strong rebounder, and good passer. An oversized short-term deal that guarantees him a substantial amount of money in the next couple years could also be an option for a team trying to steal him from the Knicks. However, the 26-year-old is said to be seeking long-term security and has spoken highly of his experience in New York, so if the Knicks make him a competitive offer, my guess is he’ll accept it, like Malik Monk did with the Kings’ Early Bird offer.

Re-signing both Anunoby and Hartenstein would be a big win for the Knicks, but it would also be expensive. Let’s pencil in a $35MM starting salary for Anunoby and assume Hartenstein gets his maximum first-year Early Bird salary. That’ll increase the Knicks’ total guaranteed salaries for 2024/25 to about $158MM for nine players, assuming Jericho Sims‘ inexpensive team option is picked up (which should be a lock)

If we assume the team guarantees Bogdanovic’s full $19MM salary (it’s currently partially guaranteed for $2MM), we’re up to nearly $175MM for 10 players. The Knicks don’t have to hang onto Bogdanovic, though recent reporting has suggested they probably will. He wasn’t great after the midseason trade that sent him from Detroit to New York, but Bogdanovic has been a reliable scorer and shooter for years and his expiring contract could serve as a useful salary-matching piece in a trade.

Bringing back those three players would push the Knicks’ team salary above the luxury tax line without accounting for either of their first-round picks. Or restricted free agent Achiuwa. Or unrestricted free agent Alec Burks. Or players to fill out the rest of the 15-man roster. It’s possible the club’s total salary could ultimately surpass the second tax apron in that scenario.

I don’t expect that to happen though, since being a second-apron team would prohibit the Knicks from aggregating player salaries in a trade, which would seriously hinder their ability to be opportunistic if and when a star becomes available. I expect the front office to make a concerted effort to at least remain below the second apron, and perhaps below the first apron too — operating over either apron would prohibit the Knicks from taking back more salary than they send out in a trade.

Avoiding one or both aprons would mean making a sacrifice somewhere else on the roster if both Anunoby and Hartenstein re-sign (if one of them walks, it likely won’t be an issue). Maybe that means waiving Bogdanovic. Maybe it means moving Robinson — a deal with the Thunder could make sense, given their rebounding woes, their available cap room, and their collection of draft assets. Achiuwa might also be a cap casualty unless the Knicks can get him back at a pretty favorable price, and I’d expect New York to trade at least one of its first-round picks (at No. 24 and 25), opening up that roster spot for a minimum-salary player.

While the Knicks should once again put themselves in position to trade a star, it’s unclear if the right fit will be out there this offseason. There has been plenty of speculation over the years about Karl-Anthony Towns, a CAA client who previously played for head coach Tom Thibodeau, and Towns’ ability to space the floor makes him an intriguing target. But he’ll be on one of the NBA’s most expensive long-term contracts beginning in 2024/25 and he’s not the sort of two-way contributor Thibodeau prefers.

I’d consider Paul George and Jimmy Butler two potential trade candidates who would be more logical fits for New York. George is a CAA client and Butler previously played for Thibodeau in both Chicago and Minnesota. More importantly, both players are capable of sharing the offensive load with Brunson and defending at a high level on the other end of the court.

It remains to be seen whether either player will be attainable though. George would probably have to pick up his player option for 2024/25 and push for a trade to New York — if he extends with the Clippers or declines his option to become a free agent, he’ll almost certainly be off the table for the capped-out Knicks. As for Butler, while there has been speculation that his contract demands might result in a standoff between him and the Heat, it’s still hard to imagine a scenario in which Miami agrees to trade him to one of its primary Eastern Conference rivals.

Some combination of Randle, Bogdanovic, and Robinson, along with draft assets, would likely need to be included in a trade for a maximum-salary player like George or Butler. In addition to their two 2024 first-round picks, the Knicks control all their own future first-rounders, as well as protected 2025 picks from Detroit, Washington, and Milwaukee.

Finally, we should touch on a pair of contract extension negotiations worth watching this offseason. Both Thibodeau and Brunson are entering contract years (Brunson holds a 2025/26 player option) and figure to be offered new deals soon, if they haven’t been already.

It sounds like it’s a matter of when, not if, Thibodeau is extended, though it remains to be seen how much he’ll paid and how many years he’ll get. A multiyear deal in the neighborhood of $10-11MM per year seems about right, given the rising salaries for head coaches around the NBA.

As for Brunson, he’ll be eligible to sign a four-year extension worth approximately $157MM. Waiting another year would make him eligible for a deal worth up to a projected $270MM over five years. There has been some speculation that he’ll be willing to do a deal sooner rather than later, which would be a great outcome for the Knicks, but even if it doesn’t get done this offseason, they shouldn’t be worried — yes, he could become a free agent in 2025, but there’s no indication he’d consider leaving New York at that time. Waiting the extra year would just be about maximizing his earnings.

Randle will also be extension-eligible this summer, but I’d be surprised if he gets a new deal done, given that he’ll spend most of the offseason recovering from shoulder surgery and isn’t necessarily a lock to be part of the Knicks’ long-term plans like Brunson is.


Salary Cap Situation

Guaranteed Salary

Non-Guaranteed Salary

  • Bojan Bogdanovic ($17,032,850)
    • Partial guarantee. Rest of salary noted above. Bogdanovic’s salary will become guaranteed if he remains under contract through June 28.
  • Mamadi Diakite ($2,273,252)
  • Total: $19,306,102

Dead/Retained Salary

  • None

Player Options

Team Options

  • DaQuan Jeffries ($2,463,946): Early Bird rights
  • Jericho Sims ($2,092,344): Bird rights
    • Sims’ salary would be partially guaranteed for $651,180 if his option is exercised. That guarantee would increase to $1,302,359 after July 16 and to full after August 16.
  • Total: $4,556,290

Restricted Free Agents

Two-Way Free Agents

Note: Because he has finished each of the past two seasons on a two-way contract with the Knicks, Washington’s qualifying offer would be worth his minimum salary (projected to be $2,168,944). Brown is no longer eligible to sign a two-way contract and would also have a qualifying offer worth his minimum salary (projected to be $2,244,249). Those offers would each include a small partial guarantee.

Draft Picks

  • No. 24 overall pick ($2,833,800 cap hold)
  • No. 25 overall pick ($2,720,040 cap hold)
  • No. 38 overall pick (no cap hold)
  • Total (cap holds): $5,553,840

Extension-Eligible Players

  • OG Anunoby (veteran)
    • Extension-eligible until June 30 (or beyond, if player option is exercised).
  • Jalen Brunson (veteran)
  • Alec Burks (veteran)
    • Extension-eligible until June 30.
  • Julius Randle (veteran)
    • Extension-eligible as of August 3.
  • Mitchell Robinson (veteran)
  • Jericho Sims (veteran)
    • Team option must be exercised.

Note: Unless otherwise indicated, these players are eligible for extensions beginning in July.

Unrestricted Free Agents

Cap Exceptions Available

Note: The Knicks project to operate over the cap and under the first tax apron. If they approach or exceed the first apron, they would lose access to the full mid-level exception, the bi-annual exception, and their trade exceptions and would gain access to the taxpayer mid-level exception ($5,183,000). If they exceed the second apron, they would lose access to all of their exceptions.

  • Non-taxpayer mid-level exception: $12,859,000
  • Bi-annual exception: $4,681,000
  • Trade exception: $6,803,012
    • Expires on July 8.
  • Trade exception: $5,241,072
  • Trade exception: $3,873,025

Note: Unless otherwise indicated, trade exceptions don’t expire before the regular season begins.

Eastern Notes: Cavs, Atkinson, Bulls, Sixers, Knicks, Hawks

After previously reporting that James Borrego was viewed as the frontrunner for the Cavaliers‘ head coaching job, Marc Stein says (via Twitter) he heard multiple times on Friday that Kenny Atkinson‘s candidacy for the job is “gaining steam.”

Atkinson was identified early in the Cavs’ search process as the potential frontrunner, but multiple reporters – including Stein and Chris Fedor of Cleveland.com – have said in recent weeks that Borrego appeared to have the edge. Those two former head coaches have been linked to the job most frequently and it certainly seems like one of them will end up being hired, but that’s not a lock. According to Stein, Timberwolves assistant Micah Nori also remains in the mix for Cleveland.

If the Cavaliers wrap up their search and make a decision soon, it will have an impact on their division rivals in Detroit. Both Borrego and Nori are expected to interview for the Pistons‘ head coaching vacancy.

Here’s more from around the Eastern Conference:

  • The Bullsacquisition of Josh Giddey signals that the team isn’t sold on the idea of a Lonzo Ball comeback, according to K.C. Johnson of NBC Sports Chicago, who adds that director of player development and shooting coach Peter Patton has an “important project on his hands” in Chicago’s new lead guard, a career 31.0% three-point shooter. In his own look at the trade, Jon Greenberg of The Athletic contends that it’s “inexcusable” for the Bulls to make this kind of deal without acquiring any draft picks.
  • USC guard Isaiah Collier visited the Sixers this week for a pre-draft workout, a source tells Kyle Neubeck of PHLY Sports (Twitter link). Once considered a possible top pick in this year’s draft, Collier has slipped to No. 23 on ESPN’s big board, so he could be available for Philadelphia at No. 16.
  • Yongxi Cui (China), David Jones (Memphis), Spencer Jones (Stanford), Ajay Mitchell (UCSB), and Antonio Reeves (Kentucky) were among the players to work out for the Knicks on Friday, tweets Stefan Bondy of The New York Post. Bondy adds (via Twitter) that Arizona’s Keshad Johnson worked out for New York earlier this month.
  • The Hawks are hiring Ben Peterson away from the NFL’s San Francisco 49ers and will make him their VP of player health and performance, sources tell Tom Pelissero of NFL Network (Twitter link). Pelissero’s report on Peterson, who was said to be “well-regarded” in San Francisco, has been confirmed by Lauren L. Williams of The Atlanta Journal-Constitution (Twitter link).