Suns Rumors

Suns, Tyson Chandler Finalize Buyout Agreement

The Suns officially reached a buyout agreement with Tyson Chandler and have requested waivers on the veteran center, the team confirmed today in a press release. It was first reported on Saturday that the two sides would be parting ways.

“We want to thank Tyson for his contributions to the Suns over the past three-plus seasons,” interim co-GM James Jones said in a statement. “With respect for Tyson’s accomplished career, today’s move gives him the chance to pursue a new opportunity while allowing our younger players to continue developing. Tyson is a consummate professional and we wish him all the best.”

Chandler’s role with the Suns had dwindled, from 25.0 minutes per game last season to just 12.7 MPG in the early going this year. The 18-year veteran started all 46 games he played for Phoenix in 2017/18, but had been moved to the bench this season due to the arrival of first overall pick Deandre Ayton. Chandler averaged 6.5 PPG and 9.1 RPG last year.

Chandler was in the final year of a contract that paid him approximately $13.59MM this season. Phoenix will be able to trim some of that cap hit off the books as a result of the buyout agreement, while the 36-year-old figures to sign a minimum salary with his new team.

That new team will be the Lakers, according to multiple reports. ESPN’s Adrian Wojnarowski (Twitter link) indicated on Saturday that the framework for a buyout agreement between Chandler and the Suns had been in place for a little while, but it wasn’t put into motion until the big man knew he had a landing spot lined up.

The Lakers have been thin at center this season, leaning heavily on JaVale McGee and relying on smaller players to spend time at the five, so Chandler should see some playing time in Los Angeles. He’ll be eligible to sign with L.A. after he clears waivers on Tuesday.

Photo courtesy of USA Today Sports Images.

Pacific Notes: Chandler, Holmes, Cousins, Gortat

The Sunsbuyout with Tyson Chandler would have helped the team much more if it had occurred during the preseason, tweets salary cap expert Albert Nahmad. The parties have reportedly had a standing deal on a buyout in place for some time, but Chandler was reluctant to commit until he was confident that another organization would pick him up. The consensus is the Lakers will be his next team.

The money saved through Chandler’s buyout could have benefited the Suns in a number of ways, Nahmad notes. De’Anthony Melton, a second-round pick acquired in a trade with the Rockets, was limited to a two-year, minimum-salary deal because Phoenix didn’t have money available for a three- or four-year offer (Twitter link). Nahmad is assuming Chandler will give back about $452K in his buyout, and notes that the Suns waited until just before the start of training camp to sign Melton in the hopes that they could free up more cash.

Unloading Chandler earlier would have also opened a roster spot and would have eliminated the need to waive Davon Reed when Jamal Crawford was signed (Twitter link). Reed, who is now on a two-way deal with the Pacers, is still owed his entire $1.4MM salary from the Suns.

There’s more news from the Pacific Division:

  • The news about Chandler explains why Richaun Holmes was the Suns‘ first choice at backup center in Friday’s game, tweets Gina Mizell of The Athletic. Holmes, who was acquired from the Sixers in an offseason trade, played a season-high 13 minutes.
  • DeMarcus Cousins is expected to have a one-year stay with the Warriors, but GM Bob Myers isn’t giving up on the idea of extending their arrangement, relays Chelsea Howard of The Sporting News. During a recent appearance on the team’s pre-game show, Myers said “options are open” when it comes to keeping the All-Star center. “These type of predictions — good or bad — are pretty fruitless because you just don’t know,” he said. “You don’t know what’s going to be going on on July 1, 2019. You don’t know if it’s going to be better than you think … but it’s not going to be what you think. So, with a guy like DeMarcus, who knows? If he wants to come back, let’s bring him back.” If Kevin Durant and Klay Thompson both re-sign, Golden State would be well above the cap and would be limited to offering Cousins its mid-level exception again.
  • Clippers center Marcin Gortat re-tweeted a message bemoaning the end of his consecutive games streak. L.A. traded for Gortat in June to help offset the expected loss of DeAndre Jordan, but he has averaged just 3.6 PPG and 3.9 RPG and is losing minutes to Montrezl Harrell and Boban Marjanovic.

Lakers Notes: LeBron, Walton, Chandler

LeBron James made a strong statement in support of Luke Walton and the Lakers’ coaching staff following last night’s win in Portland, relays Ohm Youngmisuk of ESPN. Walton started to feel some heat after a 2-5 start and was “admonished” this week by team president Magic Johnson. The team has responded with two straight wins, and James left no doubt that he is in Walton’s corner.

“Listen, coaching staff put us in a position to win, and it’s up to us to go up and execute,” he told reporters after the game. “Luke can care less about what’s going on outside. We could as well. I’m the last person to ask about scrutiny or anything of that nature. So none of that stuff matters to me. The only thing that matters to me is what goes on inside this locker room, both home and away.”

James has clashed with coaches in both Miami and Cleveland and reportedly played a large role in getting David Blatt fired a year after he took the Cavaliers to the NBA Finals. James’ endorsement of Walton should carry a lot of weight with the Lakers’ front office.

There’s more this morning out of Los Angeles:

  • Johnson was less upset about the team’s won-loss record than what he perceived as a lack of identity at both ends of the court, according to Sam Amick of The Athletic. A source tells Amick that Walton’s job wasn’t threatened and that Johnson hasn’t lost confidence in his coach, even though he was hired by the previous administration. Amick also notes that owner Jeanie Buss viewed frequent coaching changes as a weakness of the management team that was in place before Johnson and GM Rob Pelinka were hired.
  • In that meeting, Walton appealed for another big man to back up starting center JaVale McGee, Amick adds in the same piece. That request appears to have been answered with the expected addition of Tyson Chandler, who is nearing a buyout with the Suns.
  • Chandler may not be enough to solve the Lakers’ issues on defense when McGee is off the court, suggests Kevin Pelton of ESPN. Pelton runs the numbers on Chandler and finds that his ability to protect the rim has been on a steady decline over the past six seasons. He states that the Lakers might have been better off waiting for another center to become available, such as the Bulls’ Robin Lopez or the Hawks’ Dewayne Dedmon.

NBA G League Assignments/Recalls: 11/3/18

Here are Saturday’s G League assignments and recalls from around the NBA:

Suns Working On Buyout With Tyson Chandler

5:24pm: Chandler’s frustrations with the Suns have been growing over the years, according to John Gambadoro of Arizona Sports 98.7 (Twitter link). He was angry about losing and being shut down early, playing just 47 and 46 games the past two seasons. Before zeroing in on the Lakers, Chandler had also expressed interest in joining the Wizards, Warriors or Rockets.

4:52pm: The Suns are negotiating a buyout with 36-year-old center Tyson Chandler, tweets Marc Stein of The New York Times, and the Lakers are his likely destination once he clears waivers (Twitter link).

After being used primarily as a starter since coming to Phoenix in 2015, Chandler has slipped into a reserve role this season behind No. 1 pick Deandre Ayton. He has averaged 12.7 minutes per night in seven games and doesn’t fit in with the Suns’ youth movement. Chandler is making $13.6MM in the final season of a four-year, $52MM contract.

He could become a defensive anchor for the Lakers, who don’t have much depth at center behind starter JaVale McGee. Chandler is a native of Los Angeles, Stein notes, and his salary will likely discourage any other team from making a waiver claim.

He and the Suns have had a standing buyout agreement in place for a while, according to ESPN’s Adrian Wojnarowski (Twitter link). Chandler wanted to be sure another team would pick him up before finalizing the deal, and he found a taker in L.A. It explains why the Lakers didn’t make a stronger effort during the offseason to sign another center, adds ESPN’s Zach Lowe (Twitter link).

Mitch Lawrence: Minority Owners Were Upset About Sarver's McDonough Decision

  • One Western Conference president on the Suns, according to Lawrence: “The minority owners are furious that [owner Robert] Sarver decided on his own to fire [GM Ryan] McDonough.”

    [SOURCE LINK]

Suns To Decline Dragan Bender’s 4th-Year Option

The Suns will decline Dragan Bender‘s fourth-year option, Adrian Wojnarowski of ESPN.com reports. The move will free Phoenix of Bender’s $5.8MM salary that he would have received during the 2019/20 season.

“Of course I wish they picked up the option, but I am not going to let this stop me from reaching my goals,” Bender said. “I am 20, and I will keep working to be the best NBA player I can be and make it in this league whether it’s with Phoenix or another team.”

Bender was one of the top prospects in the 2016 Draft and one of the most heavily-scouted European prospects in recent memory. He was expected to form a young, up-and-coming frontcourt combo in Phoenix with fellow first-rounder Marquese Chriss. Chriss has since been traded to Houston and Bender has failed to live up to expectations.

Phoenix has the ability to re-sign Bender after the season, though the team would be limited to offering him a starting salary of $5.8MM. Woj notes that Bender playing with the Suns beyond this season is a “doubtful outcome.”

Okobo Makes Progress At Point

  • Rookie Elie Okobo may have emerged as the Suns’ answer at point guard in a loss to the Thunder over the weekend, Duane Rankin of the Arizona Republic writes. Okobo posted a team-high 18 points and eight assists after he replaced Isaiah Canaan, who suffered a left ankle injury early in the contest. “He played with confidence, he played with a presence. He played like, ‘I belong here,’” Suns coach Igor Kokoskov said.

Suns Remain Far From Success Despite Having Promising Young Core

  • The Suns have a promising young core featuring Devin Booker, Josh Jackson and Deandre Ayton, but the organization still has a ways to go before reaching true success, writes Gina Mizell of The Athletic. “Teams don’t just overnight become championship organizations or great playoff teams,” Suns forward Ryan Anderson said. “It takes time to build. You have to allow some time for that, but you can’t really make an excuse for not playing hard.”

Bulls Surrendered Potential Trade Chip By Waiving Asik

Veteran center Omer Asik, acquired in last season’s Nikola Mirotic with the Pelicans as a salary-matching piece, was unlikely to play at all this season for the Bulls. Still, Chicago’s decision to release him over the weekend in order to sign Shaquille Harrison was “stunning” to Eric Pincus of Basketball Insiders (Twitter link), who referred to Asik’s contract one of the best trade pieces in the league.

[RELATED: Bulls sign Shaquille Harrison, cut Omer Asik]

Of course, Asik didn’t have trade value in the way that star players have trade value, but his contract was an intriguing potential trade chip for a couple reasons: It was signed under the league’s previous Collective Bargaining Agreement, and he was owed a partial guarantee of just $3MM on his $11.98MM salary for 2019/20.

Under the league’s new CBA, a team trading a player with an $11.98MM salary with a $3MM partial guarantee would only get to count that contract for $3MM for salary-matching purposes, limiting its appeal in a potential deal. However, if that same contract was signed under the old CBA – like Asik’s – it counts for its full $11.98MM for salary-matching purposes. That would have made it appealing to teams looking to cut costs during the summer of 2019.

For instance, let’s say that the Knicks wanted to make a run at Kevin Durant in the summer of 2019 and needed to move as much salary as possible to clear a maximum-salary slot. Cap rules would have allowed Chicago and New York to swap Courtney Lee (who has a $12.76MM salary for 2019/20) straight up for Asik. The Knicks then could’ve waived Asik, stretching his $3MM partial guarantee across three years and leaving just $1MM on their cap.

The Bulls might not have wanted Lee, and more parts may have been required to make such a deal acceptable for both sides, but that’s just one example of how Asik’s modest partial guarantee – and his old contract – provided some value. That $11.98MM cap hit could be useful for salary matching in all variations of trades and wasn’t a negative asset since it wasn’t guaranteed.

By comparison, a player like Avery Bradley has a contract structure similar to Asik’s for next season ($2MM partial guarantee on a $12.96MM salary), but signed his deal under the league’s current CBA. If the Clippers wanted to trade Bradley after the season, he’d only count for $2MM for salary-matching purposes rather than $12.96MM, making a deal tricky.

It’s possible that Chicago wouldn’t have found any use for Asik on the trade market next summer, especially since the team may be far enough below the cap to take on contracts in trades without matching salaries. Harrison will also certainly help the club more in the short term, and the Bulls may eventually be able to remove Asik’s contract from their cap altogether if he’s deemed medically ineligible to continue his career. Still, it’s somewhat surprising that the team didn’t wait a little longer before deciding to cut bait on him.

With Asik no longer under contract, there are just two notable players who signed contracts under the old CBA and have partial guarantees for next season — one is Cavaliers guard J.R. Smith ($3.87MM guarantee on $15.86MM salary) and the other is Suns forward Ryan Anderson ($15.64MM guarantee on $21.26MM salary). If either of those players is dealt during the summer of 2019, he’d count for his full salary for trade purposes, rather than just his guarantee amount.

Photo courtesy of USA Today Sports Images.