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Atlantic Notes: Porter, Raptors, Knicks, Celtics, Reed

July 4th, 2022 at 10:21am CST by Luke Adams

Otto Porter Jr.‘s two-year contract with the Raptors, which includes a player option for 2023/24, will have a total value of $12.4MM, reports Josh Lewenberg of TSN.ca (Twitter link).

Because Porter’s first-year salary will only be about $6MM, Toronto isn’t using more than the taxpayer portion ($6.48MM) of the mid-level exception to complete his deal and won’t be hard-capped as a result of the signing.

However, if the Raptors want to give second-round pick Christian Koloko a starting salary higher than the minimum and/or a deal longer than two years, they would need to use a portion of the MLE, meaning they’ll exceed the taxpayer MLE limit and would have a hard cap of $156.98MM for the 2022/23 league year.

Here’s more from around the Atlantic:

In assessing the Knicks‘ offseason moves to date, Zach Braziller of The New York Post suggests that the club could still use one more wing after trading Alec Burks to Detroit. Here’s our list of the free agent wings who are still on the board.
Ethan Fuller of BasketballNews.com takes a look at how Malcolm Brogdon will fit in with the Celtics and what the acquisition means for the team going forward.
Sixers big man Paul Reed won’t be on the team’s Las Vegas Summer League roster, but he’s suiting up for the 76ers at the Salt Lake City Summer League this week and will look to show he deserves a regular spot in the team’s rotation next season. “I mean it’s an opportunity for me to get better, honestly,” Reed said, per Keith Pompey of The Philadelphia Inquirer. “I feel like going into next season, I have a chance to show them what I’ve been working on, so I can prove my value. That’s kind of my mindset. I just want to get better.”

Latest On Kevin Durant, Kyrie Irving

July 3rd, 2022 at 8:46pm CST by Luke Adams

The Warriors are among the teams with interest in Nets superstar Kevin Durant, sources tell ESPN’s Marc J. Spears (Twitter link). As Spears notes, more than half the teams in the league are said to be interested in Durant, so it comes as no surprise that Golden State is among them.

Still, there are plenty of reasons to be skeptical about the idea of the Warriors emerging as a legitimate suitor for Durant. Appearing on ESPN Radio (Twitter audio link) Spears proposed a package that would include Andrew Wiggins, Jordan Poole, Jonathan Kuminga, and James Wiseman, but the Nets wouldn’t be permitted to acquire Wiggins without trading Ben Simmons, and there has been no indication they intend to move Simmons, especially given that they’d have to sell him for pennies on the dollar at this point.

Without Wiggins included, either Klay Thompson or Draymond Green would be required for salary-matching purposes, and it’s difficult to envision the Warriors breaking up their long-term championship core to reunite with Durant, who chose to leave the organization as a free agent three years ago. Earlier this week, Jake Fischer of Bleacher Report cited sources with knowledge of the situation who indicated Golden State is the only team that is not “a tangible option” for Durant.

As we wait for further developments on the Durant front, we also have a few notes to pass along on him and his Nets teammate – and fellow trade candidate – Kyrie Irving:

League personnel who spoke to Brian Lewis of The New York Post said that the Nets are “adamant” about getting All-Star caliber talent back in any Durant deal, and aren’t in any rush to make a move. League sources tell Lewis that nothing is close to getting done at this point.
Appearing on The Rally on Bally Sports (Twitter video link) on Saturday, Shams Charania of The Athletic suggested the Sixers are among the teams to watch for Irving. It’s very hard to imagine Philadelphia making a serious play for Kyrie — it would require either parting with James Harden or moving Tobias Harris in order to reunite Irving with Harden, whose trade request out of Brooklyn was said to be motivated in part by Kyrie’s vaccination decision.
For what it’s worth, Nick Wright of FS1 (Twitter link) reports that there “no appetite” for Irving in Philadelphia and the Sixers haven’t engaged in any trade talks for him. According to Lewis, the 76ers are keeping an eye on Irving and have briefly spoke to the Nets, but he hears from a source that “nothing happened there.”
Charania also identified the Mavericks as a possible suitor for Irving, but Brad Townsend of The Dallas Morning News is unconvinced of that, writing that Kyrie is “the acquisition of a desperate team.” Towsend doesn’t believe Dallas is that desperate.
The Lakers remain the most likely trade partner for Irving. According to Ian Begley of SNY.tv (Twitter video link), there has been some optimism from the Lakers’ side that they’re gaining momentum toward making a deal with the Nets.
In his latest Substack article, Marc Stein says he believes Irving is destined to end up with the Lakers. As Stein writes, he has heard “repeated rumbles” that LeBron James is pushing for the team to acquire Irving, and it’s “impossible to ignore the growing expectation leaguewide” that Kyrie will land in L.A..

Julian Champagnie Signs Two-Way Deal With Sixers

July 2nd, 2022 at 8:02pm CST by Rory Maher

JULY 2: Champagnie’s contract is official, the team announced in an email.

JUNE 24: St. John’s swingman Julian Champagnie is signing a two-way deal with the Sixers, a source tells Kyle Neubeck of PhillyVoice.com (Twitter link).

In 31 games (34.2 MPG) as a junior for the Red Storm last season, Champagnie averaged an impressive 19.2 PPG, 6.6 RPG, 2.0 APG, 2.0 SPG and 1.1 BPG. His shooting numbers were less impressive, as his .414/.337/.781 slash line was down from two seasons ago, when he shot .433/.380/.887.

Champagnie, the twin brother of Raptors two-way wing Justin Champagnie, was a All-Big East First Team selection each of the past two seasons.

Sixers Meeting With James Harden On Saturday

July 2nd, 2022 at 1:52pm CST by JD Shaw

The Sixers are meeting with star free agent James Harden in the Hamptons on Saturday to discuss a multi-year deal, Chris Haynes of Yahoo Sports reports (via Twitter). Harden opted out of his $47.3MM player option and will presumably accept a more team-friendly multiyear deal. Philadelphia acquired him prior to last season’s trade deadline, sending away a package that featured disgruntled star Ben Simmons.

Warriors, Nets, Clippers Top Taxpaying Teams For 2021/22

June 30th, 2022 at 9:40pm CST by Rory Maher

The 2021/22 NBA season was a record-setting one for luxury tax payments.

According to data from Albert Nahmad of HeatHoops.com and Yossi Gozlan of HoopsHype, the league’s previous single-year record for total luxury tax payments was $173.3MM, back in 2002/03.

This season, the Warriors‘ tax penalties alone nearly matched that league-wide record. And they were joined by six other taxpayers whose combined end-of-season bills shattered the previous record even without Golden State’s help.

Here’s the complete breakdown of the seven taxpaying teams, courtesy of Eric Pincus of SportsBusinessClassroom.com:

Golden State Warriors: $170,331,194
Brooklyn Nets: $97,711,261
Los Angeles Clippers: $83,114,692
Milwaukee Bucks: $52,037,160
Los Angeles Lakers: $45,117,195
Utah Jazz: $18,833,260
Philadelphia 76ers: $13,876,624

All told, the seven teams paid a staggering combined total of $481,021,386.

Half of that total will be dispersed to the league’s non-taxpayers, which means that 23 teams will receive $10,456,987 each. The league will get the remaining $240,510,693 to help fund its revenue sharing program, says Pincus.

These numbers make it more obvious why a team like the Celtics made a concerted effort to get out of luxury tax territory at the trade deadline. A tax bill of $2MM or so wouldn’t break the bank for Boston’s ownership group, but the C’s generated more than just $2MM in savings by ducking below the tax line — they’re now one of the 23 teams that will receive a $10MM+ windfall.

Having said that, the Celtics gladly would have paid the tax penalty had they won the championship — Jaylen Brown would have received a bonus in that scenario, which would have pushed them over the line.

It’s worth noting that the Warriors are the only one of these seven taxpayers who were subject to “repeater” penalties this season, so it’s not as if those more punitive repeater penalties fueled this year’s record-setting totals. Even without the repeater penalties, the Dubs would have owed approximately $131MM in taxes.

The majority of these teams project to be taxpayers again in 2022/23.

Free Agent Rumors: LaVine, Harden, Gallinari, Haslem

June 30th, 2022 at 8:15pm CST by Luke Adams

Just before free agency officially began on Thursday evening, Shams Charania said on Stadium’s free agency show (video link) that he expects Zach LaVine to take a little time to finalize his decision as an unrestricted free agent.

“He’s going to speak with the Bulls tonight and they’re going to make an offer,” Charania said. “Both sides will talk in the lead-up to free agency, later tonight, tomorrow. I do not expect Zach LaVine’s decision to be a night-one decision. He’s going to take some time to deliberate. He’s going to have max offers potentially in the marketplace as well.”

A report earlier today indicated that LaVine is expected to return to the Bulls on a five-year contract expected to be worth the maximum. However, it seems the 27-year-old wants to at least gauge his options before officially committing to Chicago.

Here are a few more free agency rumors:

James Harden and the Sixers intend to meet this weekend to negotiate his new deal, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Harden declined his $47MM+ player option for 2022/23 this week and reportedly intends to sign a new contract at a lower starting salary to help accommodate the team’s reported deals with P.J. Tucker and Danuel House.
Danilo Gallinari‘s free agent decision could come down to the Bulls and Celtics as he considers his next team, according to Jake Fischer of Bleacher Report (Twitter link). Fischer suggests Chicago is willing to offer most of its non-taxpayer mid-level exception (about $8MM) while Boston will likely be limited to the taxpayer MLE ($6.5MM), but Gallinari still may prefer the C’s. The veteran forward is reportedly being waived by San Antonio.
The Heat sent a delegation of employees to Udonis Haslem‘s vacation home in Orlando to pitch him on returning to the team for a 20th season, according to Tim Reynolds of The Associated Press and Ira Winderman of The South Florida Sun Sentinel (Twitter links). Obviously, the Heat don’t expect to face significant competition for Haslem, but they want to show his “continued importance and value” to the organization, says Reynolds. Haslem is reportedly still mulling whether or not to continue his playing career.

Sixers Sign P.J. Tucker, Danuel House, Trevelin Queen

June 30th, 2022 at 5:42pm CST by Luke Adams

JULY 6: With the moratorium lifted, the Sixers have now made their deals with Tucker and House official as well.

“P.J. Tucker is one of the most respected and relentless competitors in our game and is the type of competitor our fans will love and embrace,” Morey said in a press release announcing the signing of Tucker. “We’re excited to add his leadership, toughness, defensive versatility and championship pedigree to our roster. P.J. wants to deliver an NBA title to Philadelphia and his work ethic and mentality make him an impactful addition to our team and city.”

JULY 1: Queen’s deal is now official, the Sixers announced in a press release. Minimum-salary contracts can be officially completed during the July moratorium.

JUNE 30: It’s fair to say Sixers president of basketball operations Daryl Morey has a type. Philadelphia has reportedly agreed to terms with three players who used to play for Morey’s former team in Houston.

Free agent forward P.J. Tucker is finalizing a three-year, $33.2MM fully guaranteed deal with the 76ers, agent Andre Buck tells Shams Charania of The Athletic (Twitter link). That long-rumored agreement will use the team’s full non-taxpayer mid-level exception.

The Sixers have also agreed to sign free agent forward Danuel House, tweets Charania. House is getting a two-year, $8.5MM deal, per Adrian Wojnarowski of ESPN (Twitter link).

House’s deal, which will be completed using the bi-annual exception, has a second-year player option, league sources tell Michael Scotto of HoopsHype (Twitter link).

Finally, Philadelphia has reached a deal with G League MVP Trevelin Queen, according to Wojnarowski (Twitter link). The guard will sign a two-year, minimum-salary contract with a partial guarantee ($300K) in year one, tweets Derek Bodner of The Athletic.

As a result of using their full MLE and BAE, the Sixers will be hard-capped for the coming season.

The 76ers were able to use those exceptions in full due to James Harden opting out of his contract and planning to accept a lower first-year salary on a new deal with the team. If Harden’s $47MM+ option had been on Philadelphia’s books, the club would’ve been hard-pressed to remain under a hard cap.

The Sixers have been mentioned as Tucker’s most likely landing spot for much of the last week. Star center Joel Embiid singled out Tucker in his comments to the media after the team lost to Miami in the playoffs, stating that Philadelphia needed a tough, versatile player like that in its frontcourt. Needless to say, Embiid will be happy that the Sixers went out and got the 37-year-old.

House, 29, helped shore up the Jazz’s perimeter defense and hit 41.5% of his three-pointers in a 25-game stint with the club this past season. He’ll give the Sixers another three-and-D rotation player.

P.J. Tucker Unlikely To Return To Heat

June 30th, 2022 at 11:56am CST by Arthur Hill

There will be significant interest in P.J. Tucker when free agency begins later today, and the veteran forward is considered unlikely to re-sign with the Heat, according to Alex Schiffer of The Athletic (Twitter link).

Schiffer mentions the Hawks, Timberwolves, Nets, Bulls and Sixers among the teams that plan to target Tucker, adding that they will offer either the non-taxpayers’ mid-level exception of $10.49MM, or in the case of the Nets and Hawks, the taxpayers’ MLE of $6.48MM. Atlanta could also make a trade to shed salary and get below the tax line, opening up the use of the full MLE.

A report earlier this week suggested that Miami is willing to give Tucker a guaranteed three-year deal, but at less than the full MLE. It appears several teams are ready to outbid the Heat for his services.

Philadelphia has been rumored as a prime suitor for Tucker, as president of basketball operations Daryl Morey also signed him in Houston. Atlanta and Brooklyn have been mentioned as well, but Minnesota and Chicago are new to the list.

The 37-year-old Tucker is an elite defender who was part of the Bucks’ title-winning roster in 2021 and helped the Heat become the No. 1 seed in the East this season. He averaged 7.6 points and 5.5 rebounds per game for Miami and shot 41.5% from three-point range.

Atlantic Rumors: Knicks, Barrett, Harris, DiVincenzo

June 30th, 2022 at 9:54am CST by Arthur Hill

With the Knicks expecting to re-sign Mitchell Robinson, the next focus will be on finding a back-up center, writes Ian Begley of SNY.tv. There’s an opening with Nerlens Noel headed to the Pistons in a salary dump trade.

New York has expressed interest in several free agent centers, sources tell Begley. He adds that the team plans to convert two-way player Jericho Sims to a standard contract and may re-sign Taj Gibson if he’s needed for depth.

Isaiah Hartenstein could be under consideration, tweets Jake Fischer of Bleacher Report, although several teams have interest in the Clippers center. The Knicks will aggressively pursue Hartenstein, Begley adds in a separate story, and may have interest in Andre Drummond as well.

There’s more from the Atlantic Division:

Fischer cites “mutual interest” in an extension agreement between the Knicks and RJ Barrett (Twitter link from Jonathan Macri of Knicks Film School). The 22-year-old swingman was the team’s second-leading scorer this season at 20.0 points per game.
The Sixers haven’t given up efforts to trade Tobias Harris, according to Brian Windhorst of ESPN (Twitter link from Talkin’ NBA). Windhorst expects the team to shake up its roster to find players who fit better alongside Joel Embiid and James Harden.
The Raptors could have interest in Donte DiVincenzo, who is unrestricted after not receiving a qualifying offer from the Kings, tweets Michael Grange of Sportsnet.ca. Grange says Toronto would have pursued Pat Connaughton if he hadn’t decided to exercise his player option with Milwaukee, adding that DiVincenzo is younger and better suited for a playmaking role.

Heat Rumors: Tucker, Portis, Lowry, Crowder

June 30th, 2022 at 9:15am CST by Luke Adams

Heat players are reportedly lobbying free agent forward P.J. Tucker to remain with the team, according to Barry Jackson of The Miami Herald, who says All-Star wing Jimmy Butler, in particular, is “very much hoping” Tucker returns to Miami.

However, James Harden‘s decision to opt out of a $47MM+ salary for next season and likely sign a new deal starting at a lower number is the latest indication that the Sixers are a serious threat to lure Tucker to Philadelphia. Harden’s move clears a path for Philadelphia to offer its full mid-level exception to Tucker.

If Tucker does leave, the Heat will be in the market for a power forward, and T.J. Warren, Kyle Anderson, Thaddeus Young, and Nicolas Batum will be among the free agents on their radar, Jackson writes. A Wednesday report indicated the club would likely also have interest in Danilo Gallinari if he’s waived after being traded by San Antonio.

Here’s more on the Heat:

Jackson hears from a source that Miami would be a team that appeals to Bobby Portis if he decides to leave Milwaukee. But Portis is considered likely to stick with the Bucks, while the Heat are reluctant to hard-cap themselves for the season by giving their full mid-level exception to a free agent, so it’s an unlikely match.
Jackson also hears that Kyle Lowry wasn’t upset by Pat Riley‘s end-of-season comments about how his conditioning must improve. The Heat have assured Lowry they have no intention of trading him in a deal for Kyrie Irving, Jackson adds.
After saying that the Heat had emerged as the frontrunners to trade for Suns forward Jae Crowder, John Gambadoro of Arizona Sports 98.7 (Twitter links) walked back that report. As Gambadoro explains, he can’t see Phoenix taking on Duncan Robinson‘s contract, and the Heat don’t have any other obvious salary-matching pieces they’d include in an offer for Crowder.

Sixers Rumors