Sixers Rumors

Timberwolves Trade Jimmy Butler To Sixers

NOVEMBER 12: The Sixers and Timberwolves have issued press releases announcing that the deal is now official.

NOVEMBER 10: The Sixers have agreed to acquire Timberwolves star Jimmy Butler and Justin Patton for Robert Covington, Dario SaricJerryd Bayless and a 2022 second-round pick, according to Shams Charania and Jon Krawczynski of The Athletic (Twitter links). A trade call with the league to finalize the deal has been scheduled for Monday, Charania adds (via Twitter).

Elton Brand‘s first major move as the Sixers’ general manager will allow the team to acquire a third star alongside Simmons and Embiid without having to take their chances trying to lure that sort of impact player to Philadelphia during 2019’s free agent period. It should also reduce the pressure on 2017’s first overall pick Markelle Fultz to develop into that third star.

Butler and the Sixers fully expect to reach an agreement on a long-term deal for the All-NBA swingman once he’s eligible for free agency in 2019, per ESPN’s Adrian Wojnarowski (Twitter link). Philadelphia’s plan is to have a long-term big three of Butler, Ben Simmons and Joel Embiid, according to Wojnarowski, who suggests (via Twitter) that only a major injury or a poor fit alongside Simmons and Embiid could diminish the Sixers’ optimism on a long-term future with Butler.

It remains to be seen how Butler will fit on and off the court in Philadelphia with the team’s two young stars after failing to make things work with Karl-Anthony Towns and Andrew Wiggins in Minnesota, but the four-time All-Star should significantly increase the 76ers’ ceiling. Butler will provide play-making and shooting (.361 3PT% since 2016/17) on offense, and figures to replace Covington as the team’s primary perimeter stopper on defense. As for Patton, his NBA career has been derailed by foot injuries, and he’s unlikely to be a Sixer beyond this season.

Even if they re-sign Butler in 2019, the Sixers won’t necessarily be capped out quite yet, with Simmons still on his rookie deal. As ESPN’s Bobby Marks details, with cap holds for Butler and fellow free agent T.J. McConnell to consider, the team would have about $21MM in cap room next summer. If the 76ers want to clear enough room for another max player, trading Fultz would just about get them there, though Philadelphia’s cap sheet could get messy in that scenario, with an eventual max deal for Simmons also on the horizon.

For Minnesota, this trade will end a near two-month saga after Butler’s trade request went public. The week before training camps got underway, word broke that Butler had asked to be traded during a meeting with Timberwolves coach and president of basketball operations Tom Thibodeau and didn’t intend to report to camp.

When the Wolves didn’t find a trade for Butler right away, he rejoined the team, but the last five or six weeks have been rife with drama. The 29-year-old’s return to Minnesota was highlighted by a now-infamous expletive-filled rant in a preseason practice, and things hadn’t quieted down much since then. Now that the Wolves have finally resolved the situation, the team will have an opportunity to focus on a future centered around former No. 1 overall picks Towns and Wiggins.

The Timberwolves will now add Covington and Saric to that long-term core — Saric won’t be up for restricted free agency until 2020, while Covington is locked up through 2022. Both players make sense for Thibodeau, GM Scott Layden, and the Wolves, who didn’t want to take a significant step back in their roster-building process after snapping a lengthy postseason-less streak this past spring. Covington and Saric will be able to jump into the rotation immediately and should also be part of the team for years to come.

Bayless is on an expiring contract and almost certainly won’t be part of Minnesota’s future plans, as he was just included in the swap for salary-matching purposes. If the Wolves don’t plan for Bayless to have a role this season, he’ll become a buyout candidate.

Thibodeau, Layden, owner Glen Taylor, and the Timberwolves also reportedly discussed potential Butler trades with several other teams before agreeing to terms with the Sixers. The Rockets and Heat were said to be the most aggressive suitors, as Minnesota allegedly passed on a Miami offer that included Josh Richardson and a first-round pick, and also balked at a Houston offer featuring four first-round picks.

We don’t know what the protections on those Rockets’ first-rounders or the Heat first-rounder would have looked like, and the Wolves likely would have had to take on an unwanted multiyear contract in each of those proposals. Still, it will still be fascinating to see how Covington and Saric pan out in Minnesota, since we have a sense of what sort of other packages were available to the Wolves.

While Thibodeau exercised plenty of patience through the Butler saga, that patience ran out after the Timberwolves concluded their 0-5 road trip on Friday, according to Wojnarowski (Twitter link). League sources told Wojnarowski that Thibodeau came to the realization Minnesota couldn’t win with Butler in such a dysfunctional environment, and told associates that the team wouldn’t play another game with Butler.

Wojnarowski and ESPN’s Brian Windhorst also report (via Twitter) that team ownership was “heavily involved” on both sides of the negotiations, with Taylor and Josh Harris of the Sixers working closely with management to finalize a deal.

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

Several Teams Keeping Close Eye On Wizards

Several NBA teams, including the Sixers, are keeping a close eye on the struggling Wizards, according to Chris Mannix of Sports Illustrated (Twitter link).

As Mannix explains, most of those clubs aren’t necessarily interested in pursuing a mega-deal for a star like John Wall or Bradley Beal. Rather, they’re curious to see if the Wizards might become open to moving role players like Markieff Morris, Jeff Green, or Kelly Oubre.

As has been well documented, the Wizards are off to a disappointing start this season, having won just three of their first 12 games. However, the team is about to start a five-game homestand that includes games against the Magic, Cavaliers, and Nets, so there will be an opportunity for Washington to begin climbing back to .500. Two of those teams, Orlando and Brooklyn, are tied for the eighth spot in the East at 6-7, so it’s not as if a playoff berth is out of reach for the Wizards, especially this early in the year.

As such, it would be a surprise if Washington seriously considers moving any of their rotation players within the next several weeks unless it’s in a deal that improves the team right away. If the Wizards continue to struggle, solid players on expiring contracts, like Morris, Green, and Oubre could become more viable trade candidates.

Morris and Green will be unrestricted free agents at season’s end, while Oubre will be eligible for restricted free agency.

76ers Believe They Have Leverage in Dealings With Butler

  • The Sixers initially offered the Timberwolves their choice of Robert Covington and Dario Saric in an offer for Butler before eventually agreeing to include both players.
  • The Sixers believe they are operating out of a position of leverage when it comes to dealings with Butler. According to Woj, there are league executives that understand that Butler must be on his best behavior in order to get the full five-year max contract he desires this summer.

    [SOURCE LINK]

Embiid Talks To Wiggins, Towns About Butler

  • Sixers center Joel Embiid got a positive report on Butler when he reached out to Timberwolves stars Andrew Wiggins and Karl-Anthony Towns, relays Tim MacMahon of ESPN. Even though Butler clashed with both players during his time in Minnesota, they expect him to be a positive influence in Philadelphia. “They thought that he was going to be good for us,” Embiid said. “They thought that we were definitely going to get along. He wants to win. Wiggs told me that he thought that we were going to win the East for sure.”

Any dreams the Knicks may have had about teaming up Jimmy Butler and Kyrie Irving next season appear to be dead, writes Zach Braziller of The New York Post. The Sixers are considered likely to re-sign Butler to a long-term contract after acquiring him from Minnesota in a deal that should become official tomorrow. That follows Irving’s declaration last month that he intends to remain with the Celtics when he hits free agency.

Behind The Scenes Of The Jimmy Butler Trade

After two months of trying to make a dysfunctional situation work with Jimmy Butler, the Timberwolves finally reached their breaking point after an 0-5 road trip, writes Jon Krawczynski of The Athletic.

A combination of losing, economic concerns and the stress of not knowing from game to game if Butler was going to be available became too much for team officials. The Wolves, who left home with a .500 record but returned at 4-9, were worn down by the pressure that Butler has been applying since making his trade request two months ago.

Sources tell Krawczynski that coach/executive Tom Thibodeau, who had been resisting a trade while trying to convince Butler to stay, informed his coaching staff after the latest loss that a deal had to be made. Owner Glen Taylor stepped in Saturday and finalized the trade with the Sixers.

Minnesota had three offers to consider before pulling the trigger on the package that brought Dario Saric, Robert Covington, Jerryd Bayless and a 2022 second-round pick from Philadelphia in exchange for Butler and injured center Justin Patton. Philadelphia made its latest offer on Wednesday, resuming discussions after a disappointing start to the season. The Rockets, who offered four first-round picks, never stopped pursuing Butler, while the Heat remained steadfast in their refusal to include Josh Richardson in any deal.

The schedule also factored into the timing of the Butler deal, Krawczynski adds. Attendance has plummeted as Wolves fans have grown tired of watching their team feud with its star player. The organization has been offering discounted ticket packages, but with 10 of its next 12 games at home, management wanted to resolve the situation to get paying customers back on their side.

There was also concern about the effect that the precedent that was being set for Karl-Anthony Towns, Andrew Wiggins and any other young players who will eventually be free agents. Butler has been allowed to set the terms of the dispute without consequence, whether through provocative public statements about teammates and the front office, well-publicized confrontations at his first practice and day-to-day decisions on whether “general soreness” would keep him out of the lineup.

Players had grown tired of answering questions about Butler after every game, Krawczynski reports, and the situation had become too much of a distraction to continue. The Wolves finally decided the cumulative effect of dealing with Butler was too much and sent him away less than 18 months after he arrived.

Reactions To The Jimmy Butler Trade

Jimmy Butler never meshed with two young stars in Minnesota, but he’ll have to make a similar situation work with the Sixers, writes Mike Sielski of The Philadelphia Inquirer. Butler was abrasive with Karl-Anthony Towns and Andrew Wiggins, often questioning their toughness and their work ethic. Sielski believes the All-Star wing will have to take a different approach to be successful in Philadelphia.

The confrontations could be at least partially explained by Butler’s background, Sielski notes. He was picked 30th overall in 2011 and didn’t enter the league as a ready-made star like Towns and Wiggins or like the Sixers’ Joel Embiid and Ben Simmons. Butler’s attitude may endear him to fans, but it could lead to clashes with teammates, particularly Simmons, who has been known to pass up open jumpers and avoid contact late in games to avoid going to the foul line, where he is a 57% career shooter.

Coach Brett Brown talked about the need to add toughness after his team was eliminated from the playoffs last year. Butler brings plenty of that, Sielski adds, but some of his Sixers teammates may find it hard to adapt to the new atmosphere.

There’s more to pass along in the wake of today’s blockbuster:

  • The trade makes the Sixers better right away and still leaves the flexibility to improve in the future, states David Murphy of The Philadelphia Inquirer, who adds that it won’t take much roster tinkering to be able to offer another maximum contract next summer. Philadelphia will have about $22MM in available cap room after accounting for Butler, Simmons and Embiid, along with Markelle FultzLandry Shamet, Zhaire Smith and Jonah Bolden. Fultz will make $9,745,200 next season, so trading him and another young player could free up the roughly $11MM the Sixers will need for a max deal.
  • Butler now has all the advantages he could ask for and needs to prove he can fit in, according to Ben Golliver of Sports Illustrated. The Sixers provide owners that are willing to spend, a forward-thinking and popular coach in Brown and proven talent already in place. Embiid and Simmons have the franchise set up for a long run as contenders, and Butler needs to settle into a role that doesn’t disrupt the chemistry that’s already in place.
  • The Sixers talked to the Cavaliers this summer about trading for Kyle Korver and still have interest in the 3-point specialist, according to Kevin O’Connor of The Ringer. The Knicks’ Courtney Lee is another possibility as Philadelphia looks for shooters after sending Dario Saric and Robert Covington to Minnesota. O’Connor suggests that the team may also wait for buyouts as it did last year when it picked up Marco Belinelli and Ersan Ilyasova.
  • There was a big change in the Sixers’ odds to capture the NBA title after news of the trade was announced, according to Ed Barkowitz of The Philadelphia Inquirer. The team moved to a 16-1 shot to win it all at the Westgate SuperBook in Las Vegas after starting the day at 30-1.

Latest On Jimmy Butler Trade To Philadelphia

The Timberwolves and Sixers agreed on Saturday to one of the biggest trades in recent years. Jimmy Butler is headed to Philadelphia, while Dario Saric and Robert Covington headline the package that Minnesota is receiving.

We have more news to pass along on this blockbuster:

  • Butler had shown an interest in Philadelphia long before Saturday. Butler scheduled a free agent meeting with the Sixers  in 2015, when they were still in the early stages of building a contender, before he re-signed with the Bulls, Jake Fischer of Sports Illustrated tweets.
  • If Butler agrees to a max contract with Philadelphia, Markelle Fultz‘s long-term prospects with the organization would be in serious doubt, Zach Lowe of ESPN tweets. There are plenty of other questions regarding how Fultz fits with core group that Philadelphia has assembled and the team’s brass will closely monitor how all the personalities mesh, Lowe adds. The top 2017 pick is averaging just 8.9 PPG and 3.6 APG  in 24.3 MPG and will now have to compete with another All-Star for touches.
  • Minnesota avoided sending Butler to a Western Conference contender, one of the goals it set in trade talks involving the disgruntled swingman, Adrian Wojnarowski of ESPN notes (Twitter link). The Rockets had been mentioned prominently as a possible destination but even a package of four future first-round picks couldn’t entice the Timberwolves to send him to a conference rival. The Sixers became the most viable trade partner once the Heat pulled Josh Richardson out of trade discussions, Wojnarowski adds.
  • The Sixers were prepared to offer a similar package to the Spurs to acquire Kawhi Leonard this summer, Fischer reports in another tweet. Philadelphia was willing to give up Saric, Covington and a first-rounder to San Antonio before the Spurs opted to deal Leonard to the Raptors. The Spurs’ decision to decline the Sixers’ offer thus far seems like a wise move, considering Saric’s early shooting slump (30% from long range), Jabari Young of The Athletic tweets. Toronto’s package, with DeMar DeRozan as the centerpiece, has helped San Antonio get off to a 6-4 start despite a rash of injuries.
  • Buyout candidates will be even more intrigued to join the Sixers for the stretch run, Alex Kennedy of Hoops Hype tweets. Ersan Ilyasova and Marco Belinelli joined Philadelphia in that fashion last season, Kennedy adds, and the incentive for players seeking a ring to hop on Philadelphia’s bandwagon has dramatically increased.
  • The Timberwolves considered three offers from different teams before picking the Sixers’ package, Jon Krawczynski of The Athletic tweets.
  • Philadelphia will likely move J.J. Redick back into the starting lineup because his 3-point shooting will be needed on the first unit, Keith Smith of RealGM tweets.
  • The earliest that Butler could make his Sixers debut, once the trade is finalized, is Wednesday against the Magic, Wojnarowski adds in another tweet.

Financial Impact Of Jimmy Butler Blockbuster

The blockbuster trade agreed upon today by the Sixers and Timberwolves that sends Jimmy Butler to Philadelphia will, of course, have massive on-court ramifications for both teams. However, it’s also worth taking a closer look at the deal from a financial perspective to see exactly how it worked, how it will impact the players involved, and how it will affect the Sixers’ and Timberwolves’ short- and long-term cap outlook.

Let’s dive right in and examine the financial implications of today’s mega-deal…

How salary-matching works in the trade:

Butler’s cap hit for the 2018/19 season is $20,445,779. In order to meet the salary-matching requirements to land Butler, the Sixers have to send out at least $15.45MM in salaries of their own, which means that Robert Covington ($10,464,092) and Dario Saric ($2,526,840) aren’t enough. That explains the inclusion of Jerryd Bayless ($8,575,916) in the deal.

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With Bayless in the mix, his salary – combined with Covington’s – allows the Sixers to take back up to about $24MM, which is more than enough to acquire Butler and Justin Patton ($2,667,600) without even having to use Saric for salary-matching purposes. That means the 76ers will create a traded player exception worth Saric’s $2,526,840 salary. It will expire in a year.

From the Timberwolves’ perspective, Butler’s outgoing salary is big enough to absorb Covington’s, Saric’s, and Bayless’ without needing to use Patton for matching purposes. Because Patton – like Saric – was technically traded for “nothing,” Minnesota will create a trade exception worth $2,667,600, the amount of Patton’s salary.

The impact on Jimmy Butler’s potential earnings:

This trade won’t make Butler eligible to earn any more – or any less – money when he reaches free agency in 2019. However, it’s now the Sixers – rather than the Timberwolves – who will have the ability to offer him more years and more money than any other team, since his Bird rights will be traded along with him.

Based on a $109MM salary cap projection for 2019/20, Butler will be eligible for a five-year, maximum salary deal worth $189.66MM with the 76ers. If he signs with any other team, Butler’s projected maximum contract would be four years and $140.61MM. That’s certainly one reason why the Sixers are so optimistic that they can lock up the 29-year-old long-term.

Technically, Butler would be eligible to sign an in-season contract extension before he becomes an unrestricted free agent in 2019, but there would be strict limitations on such a deal and it wouldn’t make sense for him from a financial perspective.

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Zhaire Smith Out For Remainder Of 2018 Due To Allergic Reaction

Sixers rookie point guard Zhaire Smith is expected to miss the remainder of 2018 due to complications from an allergic reaction, according to Sarah Todd of the Philadelphia Inquirer.

Philadelphia released a statement on Friday explaining Smith’s status.

“Zhaire Smith is recovering well after receiving additional medical treatment for complications derived from the allergic reaction that initially required a thoracoscopy,” the statement read. “His return to athletic training has yet to be determined and as such, there is no timetable for his return to play.

Smith, the 16th overall pick in the 2018 draft, sustained a left foot injury during a developmental camp in Las Vegas this summer and underwent surgery in August to repair a Jones fracture of the fifth metatarsal. He was expected to return sometime in late December.

However, during his recovery from the surgery, Smith suffered an allergic reaction in September which resulted in a thoracoscopy. While the team was aware of Smith’s peanut allergy and had food specially prepared for the 19-year-old, neither party was privy to his other allergies, sources told Todd. The thoracoscopy revealed Smith’s allergy to sesame and other foods, Todd noted.

This is the latest in a long list of unusual injuries and conditions that have sidelined Sixers rookies in recent years. Last season, a shoulder issue compromised Markelle Fultz‘s ability to shoot and caused the 2017 first overall pick to miss most of the year. The year prior, Ben Simmons missed the entire season due to surgery to repair a broken foot. The reigning Rookie of the Year was expected to return in December or January that season but the Jones fracture lingered for the entirety of the 2016/17 season.

Former third overall pick, Jahlil Okafor, was involved in a series of off-the-court scuffles in his rookie season and was eventually traded after struggling to solidify a role with the Sixers. Finally, Joel Embiid, who has evolved into one of the NBA’s elite big men, missed his first two NBA seasons due to a rash of injuries.

Chandler Remains On Minutes Restriction

  • Sixers forward Wilson Chandler will remain on a minutes restriction as he works his way back from a hamstring injury, Sarah Todd of the Philadelphia Inquirer reports. Chandler will play approximately 15 minutes until coach Brett Brown is satisfied that he can handle a back-to-back situation. “I think the minute restriction won’t be long, a couple weeks or so, it’s not long term, I’m not worried about that at all,” Chandler told Todd.