Representatives of the Jazz will meet with free agent big man Derrick Favors Sunday afternoon in Atlanta, writes Tony Jones of The Salt Lake Tribune.
4:17pm: The move is official, the Suns announced on Twitter.
3:05pm: Phoenix will waive point guard Tyler Ulis, tweets ESPN’s Adrian Wojnarowski.
The decision is the latest in a series of cost-cutting moves for the Suns, who are also cutting ties with Elfrid Payton and Alex Len. Phoenix is maximizing cap room to be aggressive in free agency, with the Bucks’ Jabari Parker and the Celtics’ Marcus Smart as possible targets.
Getting rid of Ulis will save the team $1.54MM for next season. A decision on whether to guarantee his 2018/19 salary was originally due by June 24, but he agreed to let the Suns delay the move until today.
A second-round pick in 2016, Ulis spent two years in Phoenix. He played 71 games this season, starting 43, but the Suns are hoping for a point guard upgrade in free agency, according to Scott Bordow of The Arizona Republic (Twitter link). They drafted Elie Okobo and have Brandon Knight returning from injury, so there may not have been playing time available for Ulis.
The Suns still have to make decisions on non-guaranteed salaries for Alan Williams ($5.52MM), Shaquille Harrison ($1,378,242) and Davon Reed ($1,378,242 with a $689,212 guarantee).
The Kings are just one of the teams expected to make a run at Jabari Parker, and some executives within the league view the former No. 2 overall pick to be among the small tier of players below stars such as LeBron James and Paul George.
“Hey, he’s a good player; I mean he’s a really good player,’’ an NBA executive told Gary Woelfel (via Woelfel’s Press Box). “And he’s young.’’
Parker is a restricted free agent, meaning the Bucks can match any rival offer he receives. One longtime NBA executive expects the 23-year-old to see a rather lucrative deal.
“I think some teams will give him $20MM [per season] and there might be some teams that will make it tough on Milwaukee to match and offer him even more,’’ the NBA official tells Woelfel.
“I think Milwaukee would like to keep him for $16MM or something around that figure, trying to use his injury situation to their advantage. But there are teams that need a big-time scorer and nobody doubts he’s a big-time scorer.’’
Another NBA executive speculated that the Sixers could make an offer for Parker should they fail to land a bigger target like James, George or Kawhi Leonard. Woelfel names the Bulls, Jazz, Pacers, Hawks, Suns, and Nets as possibilities as well.
Other NBA executives who spoke with Woelfel believe a sign-and-trade is a more likely scenario for the combo forward. That route would be Milwaukee’s preference rather than being forced to decide between signing Parker to a player-friendly contract or losing him for nothing. “It’s no secret” that the Bucks would be open to receiving an upgrade at point guard or center in such an agreement, Woelfel adds.
The Rockets and Clippers are both high on Parker and could be possibilities if a sign-and-trade were to occur, though it would be hard for Houston to complete a deal and stay under the tax apron if the team retains its own key free agents. Los Angeles and Milwaukee had discussions about Parker at last year’s trade deadline.
Parker likes Milwaukee and he reportedly paid around $1.5MM to redo the warehouse he currently lives in, according to Woelfel’s sources. Those same sources tell the scribe that despite Parker being comfortable in his current situation, it’s more likely he leaves then stays.
“He loves the people there; he loves the city,” the source said. “But I don’t see him staying there. If you’re asking me, it’s 75-25 he goes to another team.’’
Many dominos, such as James coming out of his decision cave, are likely to fall before Parker inks his next contract with a source estimating that a deal won’t take place until late-July or early-August.
Image courtesy of USA Today Sports.
The Clippers aren’t overly interested in taking back Wesley Matthews in a trade sending DeAndre Jordan to the Mavericks, reports Marc Stein of The New York Times (via Twitter). Los Angeles’ reluctance to accept Matthews makes some sense — while his salary is a little more affordable than Jordan’s, his contract expires at the same time, and the veteran swingman doesn’t really fill a major need for the Clips.
In order to work out a deal with the Clippers, the Mavericks will have to come up with an alternative trade scenario for Jordan, Stein notes. However, if the two sides can’t reach an agreement, that doesn’t necessarily mean Dallas is out of the running for Jordan, since the standout center could always decline his player option and sign with the Mavs as a free agent. If Dallas can work out a trade for Jordan, the team could theoretically preserve a good chunk of its cap room for another signing.
Here are a few more trade-related rumors from around the NBA:
- Several teams called the Heat to inquire about Josh Richardson during the draft, but Miami showed no interest in moving him, sources tell ESPN’s Zach Lowe. If the Heat hope to re-sign Wayne Ellington or use their mid-level exception, they’ll almost certainly have to shed salary, but Richardson isn’t a player the club is willing to lose.
- The Suns made Marquese Chriss available in trade talks on draft night, according to Lowe. The ESPN.com scribe adds that the Suns, who are in the market for a point guard this summer, have yet to show any interest in trading for Dennis Schroder of the Hawks.
- Multiple sources tell Tim Bontemps of The Washington Post that the Lakers and Nuggets have discussed a trade that would send unwanted salary and a draft pick to Los Angeles. Reports earlier this week indicated that the Lakers were exploring ways to acquire another first-round pick to sweeten a potential offer for Kawhi Leonard.
- In a piece for ESPN.com, Bobby Marks examines some of the more intriguing expiring contracts and trade chips around the NBA.
- The Suns will be on the lookout for point guard in free agency, but John Gambadoro of Arizona Sports 98.7 doesn’t think Rajon Rondo or Marcus Smart are likely to end up in Phoenix, and essentially rules out the possibility of the team pursuing Milos Teodosic (Twitter links).
The Suns don’t intend to re-sign either Elfrid Payton or Alex Len in free agency, reports Scott Bordow of The Arizona Republic (via Twitter).
Payton is eligible for restricted free agency, but with no plans to re-sign him, the Suns won’t tender Payton a $4.75MM qualifying offer, clearing the way for him to reach unrestricted free agency. As for Len, renouncing the veteran center would clear his $7.96MM cap hold from the Suns’ books, creating additional cap flexibility for the team.
Without trading or releasing any players on guaranteed contracts for 2018/19, the Suns currently project to reach approximately $18MM in cap room. That space should give the team the opportunity to make a competitive offer to one standout free agent, or to make offers to a pair of mid-level type players.
Payton, the 10th overall pick in the 2014 draft, never developed into the sort impact player the Magic hoped for. He was traded to Phoenix in a mid-season deal in 2017/18, and posted 11.8 PPG, 6.2 APG, and 5.3 RPG in 19 starts for his new team. Payton’s inability to make outside shots (.298 career 3PT%) limits his appeal.
Len, meanwhile, was a restricted free agent a year ago and signed his one-year qualifying offer with the Suns, putting himself in line for unrestricted free agency this summer. The 25-year-old, who averaged 8.5 PPG and 7.5 RPG in 2017/18, has long been expected to leave Phoenix — he said back in March that he’d “probably” end up with another team, and was looking forward to choosing his NBA home for the first time in his career.
Marcus Smart is less than a week from reaching restricted free agency, and potential suitors for the four-year veteran are beginning to emerge. According to Jordan Schultz of Yahoo Sports (Twitter link), the Bulls, Suns, Pacers, and Mavericks are among the teams that could challenge the Celtics for Smart’s services.
The Mavericks were identified as a possible suitor for Smart last week, but the draft results may have altered their free agency plans. Having selected Luka Doncic and Jalen Brunson on Thursday, Dallas appears more likely to target big men in free agency — Schultz suggests the Mavs’ interest in Smart “depends on [the] price.”
As for the other teams mentioned by Schultz, they’d all make some sense as potential landing spots. The Pacers are closer to contending than Phoenix or Chicago, but at age 24, Smart is capable of either contributing right away to a playoff team or being a long-term building block for a club that’s still a year or two away.
The Suns’ point guard outlook remains somewhat unclear, with Brandon Knight coming off a torn ACL and Elie Okobo probably not ready for a major role. The Bulls have Kris Dunn at the point, while the Pacers figure to retain Darren Collison and Cory Joseph. However, both of those teams should have cap space, and could use Smart to create intriguing combinations in their respective backcourts.
Smart, who missed time with a thumb injury in 2017/18, averaged 10.2 PPG, 4.8 APG, and 3.5 RPG for the season. While his numbers – particularly his .367/.301/.729 shooting line – were modest, the 24-year-old is considered one of the NBA’s most talented perimeter defenders, and has been a culture-setter in Boston.
There’s mutual interest between Smart and the Celtics for a new deal, but the club has several other expensive long-term commitments to consider, so it’s not clear how high the front office will be willing to go to retain the hard-nosed guard.
- No. 1 overall pick Deandre Ayton is ready to make an immediate impact for the Suns and to prove that centers remain as relevant as ever in the modern NBA, writes Greg Moore of The Arizona Republic.
Suns’ point guard Tyler Ulis’ salary guarantee date has been pushed back to June 30, reports Scott Bordow of The Arizona Republic. As our list of upcoming salary guarantee dates shows, Ulis’ 2018/19 salary of $1.54MM was originally set to be guaranteed in full if he remained on the Suns’ roster through today, June 24.
As Bordow notes, the decision by Phoenix to move Ulis’ guarantee date back by six days gives the front office more time to allow for other potential moves that could influence their decision as to whether they want to keep Ulis on the roster next season.
Bordow reported just yesterday that the Suns are ready to make aggressive moves in free agency, but that additional cap room needs to be added in order to do so. By delaying the decision on Ulis’ contract, the Suns were able to avoid having to decide whether or not to waive Ulis until next week.
For example, while nothing has been reported, it’s possible that the Suns have found a team interested in trading for Ulis without sending Phoenix any salary in return, thereby allowing Phoenix to rid their cap of Ulis’ salary without losing him for nothing.
The Sixers’ decision to draft two guards in the first round could mean Markelle Fultz won’t be part of the future in Philadelphia, writes Keith Pompey of The Philadelphia Inquirer. The team acquired swingman Zhaire Smith in a trade with the Suns and took point guard Landry Shamet at No. 26, but coach Brett Brown said the selections have nothing to do with Fultz and the difficulties he encountered during his rookie year.
After being the first player taken in the 2017 draft, Fultz missed much of the season with a shoulder injury and an unexplained problem with his shooting motion. Fultz is still limited to “foundational-type” shooting drills, according to Pompey, and probably won’t join the Sixers for summer league.
The front office insists it isn’t trying to trade Fultz, but Pompey cites a report of internal discussions about moving him, along with the two first-rounders, in an effort to obtain a top five pick. Several league sources also say Fultz was available for a deal, but his performance as a rookie makes it difficult to get anything of value in return.
There’s more this morning out of Philadelphia:
- Jake Fischer of Sports Illustrated offers an inside look at the draft night deal that sent Smith to Philadelphia and Mikal Bridges to Phoenix. The Sixers turned down several offers from the Suns prior to the deal coming together just before Phoenix made its selection at No. 16. Bridges had a private workout in Philadelphia and Smith participated in two group workouts, and the Sixers considered them “1A” and “1B” as prospects who might be available with the 10th pick. When Smith fell all the way to 16th, Philly reconsidered, seeing an opportunity to stock up on future picks.
- Brown would like to see the Sixers hire someone already in the organization as the next GM, Pompey writes in a separate story. The top internal candidate is believed to be Marc Eversley, who serves as vice president of player personnel. “I don’t think we need an overhaul,” Brown said. “We’re in deep on this. We have ways we do business. So somewhere out there, we’ll find the balance of those things that I said, and I’m sure that I’ll have a voice in the selection of the next general manager.”
- Brown compares Smith to Spurs star Kawhi Leonard, another player who was traded on draft night, Pompey notes in another piece. Leonard is Smith’s favorite player and could wind up being a teammate if the cards fall right for the Sixers. “I think somebody said we have the same shooting mechanics,” Smith said. “So I try to do whatever move he does to get his shot off. I try to learn that.”