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And-Ones: Taxpayers, Cap Room, Traded Cash, Sims, Lue, More

February 11th, 2023 at 8:56am CST by Luke Adams

Prior to the trade deadline, 10 NBA teams projected to be taxpayers this season and the 20 non-taxpayers were each projected to receive $17.2MM as a result of those tax penalties, according to ESPN’s Bobby Marks (Twitter link).

However, one of those 10 taxpayers – the Sixers – ducked below the tax line with a deadline deal, and the Nets‘ Kevin Durant and Kyrie Irving trades reduced Brooklyn’s projected end-of-season tax bill by approximately $100MM, Marks notes. As a result of those changes, among others, the luxury tax distribution at the end of the season will now be split among 21 teams and will be worth a projected $14.5MM, based on current team salaries, says Marks.

Danny Leroux of The Athletic also considers the financial impact of a busy trade deadline week, though he’s looking ahead to the offseason, breaking down which teams project to have the most cap room in the summer of 2023.

Leroux anticipates there will be eight teams with the ability to generate significant cap space, ranging from the Rockets at $61MM to the Pacers at $28MM. The Spurs ($40-48MM), Jazz ($31-45MM), Magic ($22-58MM), Hornets ($27-37MM), Thunder ($31MM), and Pistons ($30MM) are also in position to operate under the cap, Leroux writes. The range in projections for some of those teams is related to decisions on options and non-guaranteed salaries.

Here are a few more odds and ends from around the basketball world:

Eric Pincus of Bleacher Report has the details on the cash that changed hands at the trade deadline. In a series of tweets, Pincus reports that the Lakers sent $2MM to Magic in the Mohamed Bamba trade, the Suns sent $1MM to the Thunder in the Darius Bazley trade, the Clippers sent $1MM to the Hornets in the Mason Plumlee trade, and the Nets sent $1.36MM to the Pacers in the four-team Durant blockbuster.
Who will be available on the buyout market in the coming weeks? John Hollinger of The Athletic lists and ranks 32 buyout candidates (or players who have already been cut), starting with veteran guards Russell Westbrook and Reggie Jackson.
Circling back to a pair of pre-deadline stories: Knicks center Jericho Sims has committed to take part in this year’s dunk contest after Trail Blazers rookie Shaedon Sharpe dropped out, according to Shams Charania of The Athletic (Twitter link). And Clippers head coach Tyronn Lue will replace Suns head coach Monty Williams as an assistant on Steve Kerr‘s Team USA coaching staff, per a press release.
Disney CEO Bob Iger said this week that his company doesn’t plan to sell ESPN, according to Daniel Kaplan of The Athletic, who adds that Iger expressed a desire for ESPN to retain NBA rights when the league negotiates its next media deal.

More Details On Kevin Durant Trade Negotiations

February 10th, 2023 at 4:25pm CST by Luke Adams

Kevin Durant and his business partner Rich Kleiman asked Nets management for a meeting earlier this week and submitted another trade request during that sitdown, according to Ramona Shelburne and Brian Windhorst of ESPN (Insider link).

Unlike last summer’s trade request, this one didn’t go public right away. Another key difference? This time around, Durant specifically asked to be sent to the Suns, per ESPN’s duo. He had no interest in kicking off another bidding war and being the subject of intense speculation all week, so he told the Nets that he’d play out the 2022/23 season in Brooklyn if the team couldn’t work out a deal with Phoenix.

Still, both the Nets and Durant recognized that the partnership was on its last legs, according to Shelburne and Windhorst, who say the only question was whether the star forward’s exit would happen now or after the season.

Here are a few more highlights from the excellent, in-depth ESPN story on how the final days of the Durant era in Brooklyn:

Before Durant injured his knee on January 15, it looked like both he and Kyrie Irving would both finish the season with the surging Nets. However, when Irving’s offensive numbers spiked during Durant’s absence, he determined it was the right moment to exact some leverage and pursue a contract extension. The Nets were willing to discuss an extension of up to three seasons, but wanted protections; Irving was seeking a four-year extension without conditions, according to ESPN’s report. The difference of opinions on his value resulted in Kyrie’s trade request, and while Durant wasn’t happy with the situation, he didn’t “immediately tie his future” to Irving’s, per Shelburne and Windhorst.
The Nets had zero interest in any Irving trade that saw them take back Russell Westbrook. As a result, the difficulty of working out a three-team trade with the Lakers made Brooklyn’s decision on Irving fairly straightforward, since dealing with the Mavericks was simpler and the Nets liked the players they were getting from Dallas.
After Irving’s situation was sorted out and the Nets received Durant’s trade request, they presented the Suns with the pieces they wanted in any deal involving KD: four unprotected first-round picks, an unprotected 2028 first-round pick swap, Cameron Johnson, and Mikal Bridges. Suns general manager James Jones wanted to negotiate those terms – perhaps subbing out for Bridges or adding protections to one or two of the picks – but the Nets were steadfast in their demands, according to ESPN’s reporting.
New team owner Mat Ishbia was quickly willing to sign off on the extra $40MM the deal would cost the Suns in salaries and tax penalties, representing a departure from the old ownership group. However, it took the team a while to come around on paying the Nets’ price in players and picks. The Suns recognized that if the Nets held onto Durant until the summer, they’d be up against several bidders, which gave Brooklyn some leverage in the process. Phoenix ultimately agreed to meet the Nets’ asking price.
However, according to Shelburne and Windhorst, the deal nearly hit a roadblock when the Nets also requested Jae Crowder, whom the Suns wanted to trade in another deal (while ESPN’s story doesn’t specify who would’ve been in the Durant offer in place of Crowder in the original framework for salary-matching purposes, a previous report suggested Dario Saric was involved). The Suns pivoted to other trade discussions, including a possible John Collins acquisition, but ultimately circled back to the Nets and agreed to include Crowder too.
The Nets viewed Durant as a “beacon of light” during several the last few dramatic years, according to Shelburne and Windhorst, who say the team was heartbroken to trade him but felt good about sending him to his preferred destination.

Anthony Edwards, De’Aaron Fox, Pascal Siakam Named All-Stars

February 10th, 2023 at 12:25pm CST by Luke Adams

The NBA has officially named Timberwolves guard Anthony Edwards, Kings guard De’Aaron Fox, and Raptors forward Pascal Siakam as injury replacements for next weekend’s All-Star Game in Salt Lake City (Twitter link).

Adrian Wojnarowski of ESPN (Twitter links), who first reported that the trio was expected to make the All-Star Game, notes that Edwards and Fox will replace Warriors guard Stephen Curry and Pelicans forward Zion Williamson in the West, while Siakam will replace star forward Kevin Durant in the East.

Durant, of course, was traded from the Nets to the Suns this week, but was initially named an Eastern Conference All-Star, so his replacement comes from the East.

In his third season with the Timberwolves, Edwards is averaging a career-high 24.7 points per game on .464/.367/.767 shooting to go along with 6.0 rebounds, 4.6 assists, and 1.7 steals per night in 58 games (36.2 MPG). Fox, a sixth-year guard, is putting up similar numbers for Sacramento, with 24.2 PPG, 6.3 APG, and 4.3 RPG on .504/.326/.789 in 49 games (33.7 MPG).

Both Edwards and Fox are first-time All-Stars.

Siakam, meanwhile, will be playing in his second All-Star Game after making the team in 2020. This season, he’s averaging new career highs in points (25.0) and assists (6.2) per game. He has also put up 8.0 rebounds per game with a .475/.326/.767 shooting line in 46 games and is leading the league in minutes per contest (37.5) for the second straight year.

In a full press release announcing the All-Star changes, the NBA announced that Sixers center Joel Embiid, Jazz forward Lauri Markkanen, and Grizzlies guard Ja Morant have all been promoted from All-Star reserves to starters, since Durant, Williamson, and Curry were all on track to start.

Lowe’s Latest: Durant, Grizzlies, Anunoby, Pelicans, Warriors, Clippers

February 10th, 2023 at 10:02am CST by Luke Adams

In the wake of the Nets‘ Kevin Durant trade agreement with the Suns, reports indicated that Brooklyn only really negotiated with Phoenix rather than canvassing the NBA to generate a bidding war. The Nets likely already knew what teams were willing to offer after discussing Durant deals for nearly two months in the offseason, and liked the combination of players and picks the Suns were willing to offer.

According to Zach Lowe of ESPN (Insider link), another team that was prepared to put a strong package of draft picks on the table for Durant was the Grizzlies. Sources tell Lowe that the Nets were aware since July that Memphis was willing to trade every available draft pick and swap of its own for Durant (it’s unclear if that offer would’ve included Golden State’s lightly protected 2024 first-round pick or just the Grizzlies’ own first-rounders).

However, the Suns’ inclusion of Mikal Bridges and Cameron Johnson helped tip the scales in their favor. Sources around the league have said that the Grizzlies have kept Ja Morant, Desmond Bane, and Jaren Jackson Jr. entirely off-limits in any trade talks, according to Lowe, so the players in Memphis’ offer wouldn’t have been as valuable as the ones in the deal Brooklyn ultimately accepted.

Here’s more from Lowe:

After mentioning on his podcast that the Grizzlies and Pacers each offered three first-round picks for Raptors forward OG Anunoby, Lowe says the Pelicans – another presumed suitor – didn’t hold any serious talks with Toronto about him. As Lowe reiterates, the Raptors were seeking a high-level player or prospect in an Anunoby deal; Will Guillory of The Athletic says New Orleans didn’t show much interest in discussing Dyson Daniels or Trey Murphy in trade talks.
The Warriors also engaged with the Raptors about Anunoby, Lowe confirms, but he says the two teams don’t appear to have gotten all that close to an agreement. Golden State likely would have had to include Jonathan Kuminga as the centerpiece of its offer, sources tell ESPN.
The Clippers never ended up having any serious trade talks for D’Angelo Russell or Kyle Lowry, and the Mike Conley bidding was out of their price range, Lowe says. They also got nowhere close on Fred VanVleet, since the Raptors would have wanted Terance Mann and possibly more draft equity than L.A. could’ve offered, Lowe adds.

Nuggets Eyeing Reggie Jackson As Buyout Target

February 10th, 2023 at 7:59am CST by Luke Adams

Although the Nuggets didn’t make a major splash at the trade deadline, they did add some frontcourt depth by sending out Bones Hyland in a deal for veteran center Thomas Bryant. As a result of that move, Denver is in the market for a backout player to fill out their 15-man roster, and according to Mike Singer of The Denver Post, veteran guard Reggie Jackson is near the top of the team’s wish list.

Jackson was on the move on deadline day, having been included for salary-matching purposes in the swap that sent center Mason Plumlee from the Hornets to the Clippers. Charlotte is considered likely to buy out the veteran guard.

Jackson, 32, was the Clippers’ full-time starter at point guard last season, but fell out of the team’s starting five in 2022/23. For the season, he has averaged 10.9 PPG and 3.5 APG on .418/.350/.924 shooting in 52 games (38 minutes; 25.7 MPG).

According to Chris Haynes of Bleacher Report (Twitter video link), the Suns, another Western Conference contender, are also viewed as a probable suitor for Jackson, who played high school basketball in Colorado.

The Nuggets have an open spot on their 15-man roster and are seeking a reliable insurance policy in their backcourt or on the wing. Jamal Murray, the team’s primary backcourt ball-handler, has missed a few games recently due to right knee inflammation, Bruce Brown isn’t a natural point guard, and veteran Ish Smith is more of an emergency option, Singer writes.

Although Jackson is at or near the top of Denver’s list of targets, there are plenty of other buyout candidates the team could consider. Russell Westbrook, John Wall, and Patrick Beverley are among the veteran point guards likely to reach free agency. Singer also points to Danny Green as a wing who might be a nice fit for the Nuggets, though there’s no indication yet that Houston will buy out Green after acquiring him from the Grizzlies.

A reunion with Will Barton, who is reportedly working on a buyout with the Wizards, won’t be possible, since NBA rules prohibit a team from re-signing a player it traded during the offseason if he’s waived by his new team during the subsequent season.

Suns Trade Saric, Second-Rounder To Thunder For Bazley

February 9th, 2023 at 7:53pm CST by Rory Maher

7:53pm: The trade is now official, according to a press release from the Thunder. Phoenix sent its own 2029 second-round pick and cash to Oklahoma City in the deal.

1:00pm: The Suns are trading forward/center Dario Saric and a second-round pick to the Thunder in exchange for forward/center Darius Bazley, reports Shams Charania of The Athletic (via Twitter).

As John Hollinger of The Athletic tweets, the deal was possible because of a large traded player exception the Thunder created when they dealt Derrick Favors to Houston before the 2022/23 season started (Favors was subsequently waived).

Both players are impending free agents — Saric will be unrestricted and makes $9.24MM in the final year of his contract, while Bazley is earning $4.26MM and will be a restricted free agent if Phoenix gives him a qualifying offer.

Considering the Suns went all-in in their blockbuster trade to acquire superstar forward Kevin Durant, I’m a little surprised that they’re moving a second-round pick — and perhaps the better player — to save money in this deal. Saric missed all of last season while recovering from a torn ACL and he had a very slow start to ’22/23, but he has played his best basketball as of late, averaging 8.8 PPG, 5.4 RPG and 2.3 APG on .485/.438/.800 shooting over the past 15 games (seven starts, 18.5 MPG).

It’s definitely not certain that Saric is a better player than Bazley right now. Both players have been in-and-out of their teams’ rotations, but Bazley (22) is six years younger than Saric (28) and is a superior athlete and defender, while the Crotian veteran has been a better all-around offensive player to this point in their careers.

Perhaps the Suns didn’t want to bring back Saric in free agency, or they were worried about his fit with the new roster. Either way, they will save a significant amount of money toward the luxury tax and get a look at a versatile defensive player who might have some untapped upside in Bazley — his next contract should be relatively affordable, if they choose to re-sign him.

For the Thunder, they add a veteran in the frontcourt after agreeing to trade Mike Muscala to Boston, and add another second-round pick to their ever-growing draft cache. Stylistically, Saric fits well with what the Thunder like to do offensively, as he’s a good screener, passer and play-maker, while Bazley is more limited in that regard.

Pacific Notes: Ayton, LeBron, Westbrook, Warriors

February 9th, 2023 at 6:49pm CST by Alex Kirschenbaum

In case you hadn’t heard, the Suns drastically remade their roster this week, trading several picks and young talent in exchange for one of the greatest players in league history, who is still arguably in his prime. But that doesn’t mean there won’t still be questions about at least one of the team’s other priciest players going forward.

According to Jake Fischer of Yahoo Sports, there’s skepticism that Phoenix management truly values Suns starting center Deandre Ayton at his salary of $33MM per year. Fischer suggests that the big man’s long-term future in Phoenix remains “curious.”

Ayton is in the first year of new contract with the Suns, signed only after a maximum offer sheet was tendered by the Pacers this summer. He’s averaging 18.4 PPG on 58.6% shooting from the floor, 10.3 RPG, 2.1 APG and 0.7 BPG.

There’s more out of the Pacific Division:

Lakers All-Star power forward LeBron James will be sidelined by ankle soreness Thursday against the Bucks, per Dave McMenamin of ESPN. McMenamin writes that James will be available for a pregame ceremony to commemorate him setting the NBA’s all-time scoring record on Tuesday. L.A. did already celebrate the moment with a mid-game video montage, a presentation from league commissioner Adam Silver and the previous scoring record holder, Kareem Abdul-Jabbar, and speeches from James and Silver.
The situation with former Lakers reserve point guard Russell Westbrook had devolved so drastically in the last week that L.A.’s coaching staff might have pushed to waive him had he stuck on the roster through the trade deadline, according to Jovan Buha and Sam Amick of The Athletic. The Athletic’s duo cites sources who referred to the situation as “toxic.” Westbrook is currently with the Jazz, but is widely expected to be bought out.
At today’s trade deadline, the Warriors essentially flipped 2020 No. 2 draft pick James Wiseman for Gary Payton II in a four-team deal. Payton departed Golden State in free agency last summer, but the Warriors wanted to bring back a reliable veteran who had already proven his mettle with the team during its 2020 title run, writes Anthony Slater of The Athletic.

Kevin Durant Trade Officially Completed As Four-Team Deal

February 9th, 2023 at 5:51pm CST by Luke Adams

Kevin Durant has officially been traded from Brooklyn to Phoenix, according to press releases from the Suns and Nets.

The blockbuster trade has been combined with the three-team trade agreement involving the Bucks, Nets, and Pacers that sends Jae Crowder to Milwaukee, turning the two deals into a single four-team transaction.

It breaks down as follows:

Suns acquire Durant and T.J. Warren.
Nets acquire Mikal Bridges, Cameron Johnson, the Suns’ 2023 first-round pick (unprotected), the Suns’ 2025 first-round pick (unprotected), the Suns’ 2027 first-round pick (unprotected), the Suns’ 2029 first-round pick (unprotected), the right to swap first-round picks with the Suns in 2028, the Bucks’ 2028 second-round pick, the Bucks’ 2029 second-round pick, and the draft rights to Juan Pablo Vaulet (from Pacers).
Bucks acquire Crowder.
Pacers acquire Jordan Nwora, George Hill, Serge Ibaka, either the Bucks’ 2023 second-round pick or the least favorable of the Cavaliers’ and Warriors’ 2023 second-round picks (whichever is most favorable), the Bucks’ 2024 second-round pick, their own 2025 second-round pick (from Bucks; it was traded away in a prior deal), and cash (from Nets).

“Today is a transformative day for this organization,” new Suns owner Mat Ishbia said in a statement. “We are thrilled to welcome Kevin and T.J. to the Valley as we build a championship culture both on and off the court.

“Not only is Kevin one of the greatest and most accomplished players in the history of the sport, but his character also embodies the world class commitment to excellence we are instilling across every facet of this organization. T.J. is a natural leader whose work ethic and commitment to getting better every day make him an important addition to the team as he returns to the Valley. Phoenix will be one of the best organizations in all of sports and we are so excited to start our journey with this incredibly dynamic team.”

Nets general manager Sean Marks offered a statement of his own in Brooklyn’s press release:

“After thorough evaluation of the best path forward, we believe making this trade now positions the franchise for long-term success. Mikal and Cam are elite, ascending, versatile wings, plus the draft capital provides us additional avenues to continue to acquire talent. We remain steadfast in our commitment to building the team Brooklyn deserves. We are excited to welcome Mikal, Cam and their families to Brooklyn and thank Kevin for the moments and memories he delivered our fanbase.”

As expected, the Pacers waived Goga Bitadze and Terry Taylor to accommodate their new additions. The team also waived veteran forward James Johnson, per a press release. All three players will become unrestricted free agents if they clear waivers this weekend. Indiana will also cut Ibaka, as we previously relayed.

Because they no longer have to take on Crowder’s salary, the Nets will create a trade exception worth $18MM+ for Durant instead of $8MM, notes Yossi Gozlan of HoopsHype (Twitter link).

For more details on the trade, be sure to read our previous stories breaking down the Durant and Crowder trades.

Buyout Agreement Likely For Hornets, Reggie Jackson

February 9th, 2023 at 3:09pm CST by Luke Adams

The Hornets are likely to reach a buyout agreement with veteran guard Reggie Jackson after acquiring him from the Clippers in a deal for Mason Plumlee, reports Shams Charania of The Athletic (Twitter link).

Jackson, 32, was the Clippers’ full-time starter at point guard last season, but fell out of the team’s starting five in 2022/23. For the season, he has averaged 10.9 PPG and 3.5 APG on .418/.350/.924 shooting in 52 games (25.7 MPG).

Since he’s on an expiring $11.2MM contract, waiving Jackson won’t leave the Hornets with any dead money on their books beyond this season.

The plan in Charlotte in for the Hornets to focus on getting their young players more minutes down the stretch, according to Charania, who adds that Jackson will prioritize teams that can give him the opportunity to contend.

As Chris Haynes of Bleacher Report (video link) observes, it could be a robust buyout market this month. In addition to Jackson, Haynes names John Wall, Serge Ibaka and Danny Green as viable possibilities. Russell Westbrook and Patrick Beverley are also expected to be bought out by their new teams, so there should be no shortage of veteran point guards available in free agency.

The Suns are a team to keep on eye on for Jackson if the Hornets complete a buyout, according to Haynes. The Clippers are the only team that would be ineligible to sign Jackson.

Kevin Durant Trade Notes

February 9th, 2023 at 9:43am CST by Arthur Hill

The Suns were at the top of Kevin Durant‘s list of preferred destinations because of his close relationship with head coach Monty Williams, writes Sam Amick of The Athletic. Williams spent a year as associate head coach in Oklahoma City during Durant’s time there, and they worked together on Team USA as well.

Amick adds that credit for the early-morning mega-deal should also go to Phoenix president of basketball operations James Jones, whose image of team building was influenced by his time as a player in Miami when the Heat brought in LeBron James and Chris Bosh to team with Dwayne Wade. In 2019, Jones made the decision to hire Williams, whose connections to Chris Paul and now Durant have turned the Suns into an updated version of that Heat super-team.

Amick hears from sources that Durant spent the past few days seeking advice from confidants about the best path for his future in the wake of Kyrie Irving‘s trade to Dallas. Most league insiders believed he would wait for the offseason to seek an exit from Brooklyn, but the deal with Phoenix came together quickly late Wednesday night.

There’s more on the Durant trade:

Even before Durant made his request last summer, league insiders understood that he had a desire to go to Phoenix, according to Jake Fischer of Yahoo Sports. The chance to play with a Hall of Fame point guard in Paul and another All-NBA player in Devin Booker was appealing, and Durant knew the Suns had enough draft assets and young talent to make a trade realistic. Sources tell Fischer that Durant didn’t give the Nets a list of preferred locations when he made his trade request last June, but there was an understanding that Phoenix was among the leaders.
Brooklyn issued several public denials through the media this week that Durant was being made available, but teams began to believe on Wednesday that the Nets might reconsider that stance, says Ian Begley of SNY (Video link). He states that several clubs had similar offers ready, including the Grizzlies and Pelicans, but Durant’s desire to be in Phoenix influenced Brooklyn’s decision.
The Nets had no intention of trading Durant when they agreed to send Irving to the Mavericks on Sunday, according to Brian Windhorst of ESPN (video link). When Brooklyn obtained Spencer Dinwiddie and Dorian Finney-Smith from Dallas, they were intended to be pieces that could team with Durant and remain competitive in the Eastern Conference. The Nets’ front office spent Monday trying to move Finney-Smith and draft picks to improve the team even more, but things had changed by Tuesday. Windhorst said there was essentially a “one-team negotiation” with the Suns, and new owner Mat Ishbia was willing to offer a lot more than Robert Sarver did last summer.
The Durant news broke shortly before Irving addressed the media following his first game with the Mavericks, per Brad Townsend of The Dallas Morning News. Irving indicated there was a dysfunctional situation in Brooklyn and responded, “I’m just glad that he got out of there,” when he was asked about Durant. “I think this was in the works after year one,” Irving said. “I was unsure about whether or not I wanted to be in Brooklyn because of things that were happening behind the scenes. I just did my best to put my head down and work as hard as I could.”