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Nets, Suns Agree On Kevin Durant Trade

February 9th, 2023 at 12:11am CST by Arthur Hill

The Suns will acquire Kevin Durant from the Nets in exchange for Mikal Bridges, Cameron Johnson, four first-round picks and more draft consideration, tweets Shams Charania of The Athletic.

Jae Crowder, who has been sitting out since training camp in hopes of being traded, will also go to Brooklyn in the deal, Charania adds (Twitter link).

ESPN’s Adrian Wojnarowski reports (via Twitter) that Nets forward T.J. Warren will be part of the trade as well, and the additional draft consideration is a first-round pick swap in 2028. According to Woj, Durant wanted to be dealt to Phoenix, and new Suns owner Mat Ishbia pushed to get the deal completed tonight.

Brooklyn will receive unprotected first-rounders in 2023, 2025, 2027 and 2029, a source tells Wojnarowski. The trade will help to replenish the Nets’ draft assets after they sent multiple picks and pick swaps to Houston to acquire James Harden in 2021.

The Suns were on Durant’s short list of preferred destinations when he issued a trade demand last summer. Although Phoenix was among the teams that submitted offers to Brooklyn, no progress was made at the time and Durant eventually rescinded the demand before the start of training camp.

At age 34, Durant remains among the league’s best players, averaging 29.7 points, 6.7 rebounds and 5.3 assists per game while lifting the Nets into a tight race for the best record in the East before suffering a sprained MCL in his right knee last month. Durant is expected to be sidelined until after the All-Star break, but Brooklyn coach Jacque Vaughn said he received “a really good report” from doctors this week.

Durant still has three seasons remaining on the four-year extension he signed with the Nets in 2021, which led to speculation that the team didn’t feel any immediate pressure to trade him. Brooklyn had reportedly been telling teams that have called about Durant that he wasn’t being made available before the deadline.

A 13-time All-Star, Durant will earn $46.4MM, $49.9MM and $53.5MM over the next three seasons. He will team with Devin Booker, Chris Paul, Deandre Ayton, and the Suns’ remaining assets in hopes of bringing a title to Phoenix. Ironically, there was a report earlier this week that the Suns offered Paul to Brooklyn in hopes of landing Kyrie Irving.

The Durant-Irving pairing that seemed to make the Nets an instant contender when they both signed as free agents in 2019 will officially end with trades just a few days apart. Injuries limited their time on the court together, even when Harden was added to form a Big Three, and they managed to win just one playoff series as teammates, although they had a narrow loss to the eventual champion Bucks in 2021.

The Nets no longer have elite talent on their roster, but Bridges and Johnson have both been valuable during their time in Phoenix, and they join a team that has managed to remain competitive even with Durant and Irving in and out of the lineup.

Bridges, 26, is a strong defender and long-distance shooter and is under contract for three more years at a total of about $70MM. Johnson, also 26, is an elite three-point shooter who is headed for free agency this summer. The Nets can make him restricted with a qualifying offer worth around $8MM.

The trade ends Crowder’s long standoff with Phoenix, but Brooklyn may not be his final stop before the deadline. Wojnarowski tweets that the Nets plan to explore opportunities to move him to other teams.

The deal provides a homecoming for Warren, who spent his first five seasons with the Suns. He signed with Brooklyn in July and has managed to bounce back after missing most of the past two seasons with left foot issues.

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Deveney’s Latest: Lowry, D. Robinson, Crowder, Okoro, G. Williams, Warriors

February 8th, 2023 at 6:21pm CST by Arthur Hill

The Heat haven’t been able to find a taker for Kyle Lowry and may not be able to work out a significant deal before the deadline, writes Sean Deveney of Heavy. Sources tell Deveney that Miami had Lowry trade offers rejected by the Nets, Mavericks and Timberwolves and wasn’t able to generate much traction with any other team.

Lowry’s age (36) and contract (fully guaranteed at $29.68MM next season) have been major impediments to finding a trade partner. In addition, he has been limited to 44 games because of injuries, including a current bout with left knee soreness that could sideline him through the All-Star break.

The Heat also haven’t found much of a market for Duncan Robinson, who is under contract for $57MM over the next three years, although the last season isn’t fully guaranteed. Robinson has seen his playing time reduced this season and underwent finger surgery in January. Deveney suggests Miami will need to attach a future first-round pick and a young player to trade Lowry or Robinson, and he notes that some teams have expressed interest in rookie Nikola Jovic and Max Strus.

“They thought they were going to have more assets at this point, that Robinson might be playing better, that (Victor) Oladipo would be better, that Omer (Yurtseven) would be better, that Strus would be better, that Lowry would have value,” an NBA executive told Deveney. “That is why they were confident they would make a move. But they missed on pretty much all of those bets, and it is going to be hard to pull something off.”

Deveney passes along a few more rumors:

  • The Suns appear willing to accept Caleb Martin from the Heat in exchange for Jae Crowder, but Miami is reluctant to part with Martin, who is 27 and has an affordable contract. Sources tell Deveney that Phoenix is talking to several other teams about Crowder, including the Nets.
  • The Cavaliers likely won’t deal for another wing if the cost is Isaac Okoro, according to Deveney, who notes that Cleveland has discussed Josh Hart with the Trail Blazers, Bojan Bogdanovic with the Pistons and Malik Beasley with the Jazz.
  • The Celtics aren’t exploring Grant Williams trades before the deadline, Deveney adds. Although Williams will be a free agent this summer after not reaching a contract extension, Boston prefers to hold onto him at his current bargain price of $4.3MM and may consider a sign-and-trade in the offseason.
  • The Warriors are listening to offers for Jonathan Kuminga, Moses Moody and James Wiseman, but Deveney hears that their trade value may have decreased from a lack of playing time.
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Suns Owner Ishbia On Vision, Roster, Trade Deadline, More

February 8th, 2023 at 12:58pm CST by Rory Maher

Mat Ishbia was approved this week by the NBA’s Board of Governors and is now officially the new majority owner of the Suns. He recently had an interview with Duane Rankin of The Arizona Republic (subscriber link) that covered a number of topics.

We have provided a few highlights below, but the full interview is worth checking out for any Suns fans.

On his vision for the Suns and WNBA’s Phoenix Mercury:

“I know that I’m the new owner, but I look at it like the Mercury and the Suns are owned by the city, by Phoenix, and my job is a steward. How do I do the right thing by them, make it a community asset, how do I take care of it and build it into a thing that the community can be proud of? As an owner, my job is to do the right things by the community. Do the right things by the fans, do the right things by the ‘team members’ as I call them and then finally, we’ll have a culture of winning on the court, off the court. Winning the fan experience, winning the sponsorship deal, winning all the things.

“… The real vision, long term, is how do we make Phoenix the elite NBA franchise in the country? We can do it. We have the market, we have the people, we have the organization. We are going to do that and that’s the goal and how do I (do it) measuredly? That’s one of the things I’ll put together here in the near future, but we are going to make it the elite NBA franchise and that’s the goal. Why not us?”

On how aggressive he’ll be at the trade deadline (Feb. 9 at 2:00pm CT) and in free agency this summer:

“I’m very active. And I’ll say this. I gave you the four things that I’m all about. None of them were profit. It’s all about team member experience, fan experience, community engagement and winning. There’s no money involved. Money follows success, not the other way around. I’m focused on winning. I’m focused on doing the right thing, not just short term. So I’m going to make good, long-term things, but remember, I also said the word culture, too. I need cultural fits that are about winning, that have long-term opportunity as a team, and I think you’ll see.

“You never know. I still got 2½ days left to go … but I’m extremely active. … We obviously have one player (Jae Crowder) that we have to move. This team, from my personal perspective, we have a championship-caliber team right now with no changes. If I can take an upgrade from a player that is not playing to a player that is playing, we’ve gotten even closer and if I can do more than that, I’m sure that would be even better.”

On what he hopes to establish in his first 90 days:

“I’m a big listener and learner. … I’m coming in to learn. I’m coming in to find out who the people are, find out who is ready, who is doing great things, who are the people who want to be part of this the right way, the long term. Who aligns with the vision that I’m going to set for the organization, which I’m going to be very clear with what I look for and how we look for it.

“And there are things I’m going to learn ’cause you know what, I’m not coming in making a bunch of changes. There will be very few changes between now and the end of the season. I’m coming in, listening, learning, finding out what the organization is about. Finding out who the people are, finding out who is passionate, who cares about the fan experience the way we think. Who is going to align and who doesn’t want to be a part of it and we’re going to figure all that stuff out.”

Ishbia’s introductory press conference is currently ongoing. According to Gerald Bourguet of PHNX Sports (Twitter link), Ishbia denied the report that Isiah Thomas would be part of the organization. He said Thomas is a “great friend,” but “there’s nothing happening right now.”

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Scotto’s Latest: Hart, Knicks, Thybulle, Prince, Nuggets, Suns

February 8th, 2023 at 11:44am CST by Rory Maher

The Knicks are among the teams with interest in Trail Blazers wing Josh Hart, according to Michael Scotto of HoopsHype. Previous reports have linked the 27-year-old to the Cavaliers and possibly the Heat.

Hart is expected to decline his $12.96MM player option for 2023/24, which is non-guaranteed, in search of a long-term deal. His cap hit for ’22/23 is also $12.96MM.

As Scotto notes, Hart won a national championship in college at Villanova with Knicks guards Jalen Brunson and Ryan Arcidiacono. Through 51 games (33.4 MPG), he’s averaging 9.5 PPG, 8.2 RPG, 3.9 APG and 1.1 APG on .504/.304/.731 shooting.

The Knicks have a number of options for potentially matching Hart’s salary in a trade. However, since the Blazers are unlikely to be interested in Derrick Rose or Evan Fournier, combining some smaller contracts could be in play — Cam Reddish and Obi Toppin would work, for example.

Here’s more from Scotto:

  • Sixers wing Matisse Thybulle is drawing a significant amount of interest around the NBA. In addition to the Warriors, Kings and Hawks, the Pacers, Trail Blazers, Bucks, Mavericks, Hornets, Raptors and Suns have all had exploratory conversations with Philadelphia regarding the former first-round pick, Scotto reports. A two-time All-Defensive Second Team member, Thybulle is playing a career-low 12.1 minutes per game in ’22/23 and will hit restricted free agency if he’s tendered a $6.28MM qualifying offer, Scotto notes.
  • The Nuggets are interested in Timberwolves forward Taurean Prince, sources tell Scotto. Prince’s cap hit this season is $7.3MM and he has a non-guaranteed $7.65MM cap hit for ’23/24. In addition to Bones Hyland, the Nuggets are also open to moving Zeke Nnaji for a roster upgrade, sources tell HoopsHype. Prince has dealt with injuries in ’22/23, but has posted a rock-solid .479/.389/.833 shooting line in 33 games (21.1 MPG) off Minnesota’s bench. Ish Smith ($4.73MM) would likely be included if one of Hyland ($2.2MM) or Nnaji ($2.6MM) were moved for Prince due to salary-matching rules.
  • When Scotto asked Suns forward Cameron Johnson about his impending restricted free agency, he suggested he hopes to remain in Phoenix going forward. “I love being in Phoenix,” Johnson replied. “I love the team, the staff, and the city. The organization has treated me really well to this point. Whatever the future holds, the future holds. Phoenix has really become a home to me. These guys have become my brothers, which from my understanding, is not something you should take for granted in professional sports.”
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Raptors Rumors: Trent, Poeltl, Anunoby, Siakam

February 8th, 2023 at 10:33am CST by Luke Adams

Although the Raptors are widely expected to be active at this week’s trade deadline, rival teams continue to have a tough time getting a read on Toronto’s intentions, Marc Stein writes in his latest Substack report.

The Raptors have long been considered a likely seller, with players like Gary Trent Jr., Fred VanVleet, OG Anunoby, and Pascal Siakam generating trade interest. But Stein hears that there were “fresh rumbles” this week about Toronto exploring Trent and draft compensation in a deal for Spurs center Jakob Poeltl, which is hardly the sort of move a seller would make.

For what it’s worth, the Raptors don’t seem to mind the fact that they’re creating confusion among rivals, Stein says.

In his own look at the Raptors’ trade deadline decisions, Josh Lewenberg of TSN.ca notes that team president Masai Ujiri has never been the type of executive to go all-in (by trading several future draft picks) or to completely hit the reset button by launching a full-fledged rebuild. Those who want him to embrace one extreme or the other this week may be disappointed, says Lewenberg.

Here’s more on the Raptors as Thursday’s trade deadline nears:

  • The Raptors have expressed confidence to some teams that they can land three first-round picks for Anunoby, according to Stein. However, it remains unclear which club(s) would be prepared to make that sort of offer. Stein says the Grizzlies, Pelicans, and Knicks have all conveyed a willingness to offer two first-rounders for Anunoby. A previous report stated that the Knicks were comfortable putting three first-round selections on the table, but a source who spoke to Sam Amick of The Athletic disputed that claim. The Suns and Pacers continue to be mentioned frequently as possible Anunoby suitors as well, Stein adds.
  • One factor working against a possible Anunoby trade is Ujiri’s reluctance to trade top homegrown talent, says Stein. Lewenberg also touches on that idea in his TSN.ca story, pointing out that it applies to VanVleet and Siakam too. The reason why the asking price for those players has been reported as almost unreasonably high, Lewenberg observes, is because Ujiri values them more than most teams would.
  • Amick is the latest reporter to suggest that Anunoby may not be thrilled with his role in Toronto. That doesn’t necessarily mean that he wants to be traded — he just wants to play a larger role, Amick says, whether it’s with the Raptors or another team.
  • Both Stein and Amick still believe that Siakam is unlikely to be dealt this week. A source with knowledge of the situation tells Amick that Siakam’s preference is to remain in Toronto.
  • Eric Koreen of The Athletic argues that Ujiri and the Raptors can’t afford to be sentimental at Thursday’s deadline, writing that there may never be a better time to maximize the return on some of the team’s most valuable trade chips.
  • In case you missed it, the Raptors are reportedly among the teams with interest in Nuggets guard Bones Hyland, as we relayed earlier today.
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Trade Rumors: E. Gordon, Tate, Suns, Hyland, Vanderbilt, More

February 8th, 2023 at 8:48am CST by Luke Adams

The list of teams interested in Rockets shooting guard Eric Gordon has narrowed to a handful of contenders, according to Kelly Iko of The Athletic, who reports that the Suns and Clippers are among the clubs still in the mix.

Gordon has made his preference for a trade known to the Rockets, but Houston doesn’t plan to deal him just for the sake of it, says Iko. A source close to Gordon tells The Athletic that the veteran isn’t expected to push for a buyout if he’s still a Rocket after the deadline, so the club would be OK hanging onto him. However, if the Rockets get an offer that includes a first-round pick, a promising young player, or a “defensive-minded veteran on team-friendly money,” they’ll likely pull the trigger, Iko writes.

According to Iko, forward Jae’Sean Tate is among the other Rockets players drawing trade interest ahead of Thursday’s deadline. The Suns, Nuggets, Celtics, and Wizards are among the teams eyeing Tate, sources tell The Athletic. However, Houston still values the 27-year-old due in part to his selfless playing style and his attention to detail, per Iko, and would require a strong offer to part with him.

A few teams also inquired on second-year wing Josh Christopher, but those discussions didn’t go far, according to Iko, and the former first-round pick has been playing well as of late, averaging 12.4 PPG on 61.5% shooting in his last five games (18.5 MPG). He sounds likely to stay put in Houston.

Here are more trade rumors and notes from around the NBA:

  • Multiple league sources tell Mike Singer of The Denver Post (subscriber link) that the Raptors – along with the Pelicans and Timberwolves – have registered interest in Nuggets guard Bones Hyland. Singer has heard from sources that Denver believes it has traction on acquiring a first-round pick for Hyland, though the team would prefer to acquire a win-now player who could immediately step into the rotation. The Nuggets are prioritizing a defensive-minded wing, Singer reiterates.
  • Keith Pompey of The Philadelphia Inquirer (subscription required) continues to hear from multiple sources that Jazz forward Jarred Vanderbilt is a leading trade target for the Sixers. Jake Fischer reported over the weekend that Philadelphia was interested in Vanderbilt.
  • The Nets sent $2.58MM in cash to the Kings in the Kessler Edwards trade that was completed on Tuesday, reports ESPN’s Bobby Marks (via Twitter). That money is enough to cover Edwards’ remaining salary for 2022/23 as well as his $1.93MM team option for ’23/24 if Sacramento chooses to pick it up.
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Trade Rumors: Reddish, Nuggets, Pistons, Bucks, Rose, Suns, More

February 7th, 2023 at 8:45pm CST by Luke Adams

The Nuggets are among the teams that have registered some interest in Knicks forward Cam Reddish, according to Ian Begley of SNY.tv, who says the Pistons and Knicks have also spoken recently about Reddish.

In passing along Begley’s latest reporting, SNY’s story notes that Begley has previously identified the Knicks as a team with interest in Pistons forward Saddiq Bey and suggests that perhaps there could be a match between the two teams on a deal involving Bey and Reddish. Bey’s trade value is significantly higher at this point than Reddish’s, however, so New York would need to attach a sweetener or two to make Detroit seriously consider that framework.

Here are a few more trade rumors from around the NBA:

  • The Bucks have expressed trade interest in Knicks point guard Derrick Rose, league sources tell Marc Stein (Twitter link). Milwaukee doesn’t have an obvious salary-matching piece for Rose, who has a $14.5MM salary and has been out of New York’s rotation for much of the season — it’s hard to imagine he’s near the top of the Bucks’ wish list. For what it’s worth, Knicks coach Tom Thibodeau said he’d like to keep Rose around, explaining that the former MVP “contributes in a lot of different ways to our club” despite not seeing much playing time this season (link via Peter Botte of The New York Post).
  • John Gambadoro of Arizona Sports 98.7 shoots down a rumor suggesting that the Mavericks and Suns could make a deal centered around Deandre Ayton, Christian Wood, and Tim Hardaway Jr., tweeting that there’s “nothing” to that speculation. One recent report indicated that Dallas has interest in Ayton, but that report suggested he’d be more of a long-term trade target rather than a player the Suns would have interest in moving this week.
  • Suns veteran Dario Saric is among the power forwards on the Heat‘s radar, according to Barry Jackson of The Miami Herald (Twitter link), though Jackson acknowledges that Miami doesn’t have a clear salary-matching piece to send out for Saric ($9.2MM). Jackson adds (via Twitter) that the Suns, under new ownership, are “very active” in the trade market, but still haven’t been intrigued by the assets Miami has put on the table for Jae Crowder.
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Suns Spokesperson Denies Team Hiring Isiah Thomas

February 7th, 2023 at 7:50pm CST by Rory Maher

7:50pm: A spokesperson for Ishbia tells Duane Rankin of The Arizona Republic (Twitter link) that while Ishbia and Thomas are friends, Thomas will not be part of the Suns’ front office.

7:02pm: New Suns owner Mat Ishbia is planning to hire NBA TV analyst Isiah Thomas for a “prominent role” in the team’s front office, sources tell Chris Haynes of Bleacher Report and TNT (Twitter link).

According to Mike Vorkunov of The Athletic (Twitter link), Thomas is on the board of directors of United Wholesale Mortgage, Ishbia’s company, so the two are obviously familiar with one another.

Thomas, who is in the Hall of Fame, is widely considered one of the greatest point guards in NBA history. He spent his entire 13-year career with the Pistons, which included two championships and 12 All-Star appearances.

The 61-year-old became a front office executive with the Raptors from 1994-97 after his playing days ended. Thomas also coached the Pacers from 2000-03 and was the Knicks’ president of basketball operations from 2003-08 (and their coach from 2006-08), so he certainly has a lot of experience.

However, his time in New York was controversial. As Vorkunov notes (via Twitter), in 2007 a Manhattan jury found that Thomas sexually harassed a former Knicks executive, who was improperly fired for reporting the unwanted behavior. The victim was awarded $11.6MM as part of the lawsuit.

Thomas’ tenure with the Knicks was also lousy from an on-court perspective. The team went just 151-259 during his five seasons as the lead basketball executive, a .368 winning percentage.

Hiring someone accused of sexual harassment and creating a hostile working environment is a pretty terrible look for Ishbia’s first move as an owner, considering the reason he was able to buy the Suns is because former owner Robert Sarver was suspended for one year and fined $10MM for engaging in behavior that “clearly violated common workplace standards.”

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Mat Ishbia Officially Becomes Suns’ Owner

February 7th, 2023 at 3:11pm CST by Dana Gauruder

FEBRUARY 7: Ishbia has officially completed the purchase of a majority stake in the Suns, the team announced today in a press release.

“This is the culmination of a lifelong dream. I love the game of basketball deeply but it’s so much more than that for me,” he said in a statement. “Throughout my life, basketball has given me a second family, an education, and so much joy. I am honored to be the next steward of this community’s franchises in the Phoenix Suns and Phoenix Mercury and am totally committed to building an incredible organization on and off the floor.”

Ishbia and his group paid $2.28 billion for a 57% stake in the team, sources tell Baxter Holmes of ESPN. That’s the equivalent of a $4 billion valuation. Sarver received $1.48 billion for his 37% stake in the club, Holmes adds.

FEBRUARY 6: Mat Ishbia has been approved by the NBA’s Board of Governors as the Suns’ new owner, according to a league press release. The transaction is expected to close this week.

As Shams Charania of The Athletic tweets, the vote was 29-0 with the Cavaliers abstaining. Dan Gilbert, Cleveland’s owner, is also the majority owner of Rocket Mortgage. Ishbia is the chairman and CEO of United Wholesale Mortgage, which – like Rocket Mortgage – is based in Michigan.

Mat Ishbia and his brother Justin agreed to buy the Suns and the WNBA’s Phoenix Mercury from Robert Sarver at a valuation of approximately $4 billion. Sarver, who was suspended by the league for a year and fined $10MM for behavior that “clearly violated common workplace standards,” subsequently decided to sell his controlling stake in the franchise.

Ishbia reached an agreement with Sarver in December.

Typically, it takes at least a couple months for the NBA to officially approve and complete the sale of a franchise because the process involves extensive criminal, financial, and background checks on prospective buyers, who also have to meet with the NBA’s advisory and finance committees.

Ishbia is reportedly eager for the Suns to seek upgrades prior to Thursday’s deadline and his impact may have already been felt, as Phoenix pursued a trade for Kyrie Irving.

Ishbia’s agreement to buy the Suns will give him control of more than 50% of the franchise, as he and his group are also buying out some of the minority shareholders.

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NBA G League Announces 24 Players For Next Up Game

February 7th, 2023 at 1:36pm CST by Luke Adams

The NBA G League announced today that G League Ignite guard Scoot Henderson and Timberwolves/Iowa Wolves forward Luka Garza have been named team captains for the NBAGL Next Up Game, which will take place in Salt Lake City during All-Star weekend.

While the exhibition match isn’t technically being called a G League All-Star Game, that’s essentially what it is. The 24-player pool was selected by a fan vote and by the league itself.

Henderson averaged 21.2 PPG, 6.0 APG, and 4.3 RPG in six Showcase Cup games (28.5 MPG) before missing time with an injury. The guard, widely projected to be the No. 2 pick in this year’s draft, has registered 17.7 PPG, 5.7 APG, and 4.5 RPG in 11 regular season games (29.8 MPG) since returning.

Garza, meanwhile, has been dominant at the G League level while playing for the Timberwolves on a two-way contract. He averaged 29.8 PPG, 9.2 RPG, and 3.2 APG on .628/.500/.794 shooting in nine Showcase Cup games (34.4 MPG) and has been boosted those averages in two regular season games (32.5 PPG, 12.0 RPG, 5.0 APG) for the Iowa Wolves.

Here’s the full list of players who will take part in the G League Next Up Game:

(* Players marked with an asterisk are on two-way contracts with NBA teams.)

As is the case with the NBA All-Star Game, the team captains – in this case, Henderson and Garza – will select their 12-man squads in a draft. The draft for the G League Next Up Game will take place on February 14.

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