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Cavs, Knicks, Thunder Complete Three-Way Deal

January 5th, 2015 at 9:56pm CST by Zachary Links

9:56pm: The Thunder, Cavs, and Knicks all announced the deal via press release.

“Dion Waiters is a player that we’ve tracked and liked since his time at Syracuse, in the NBA, and with USA Basketball. Dion provides another proven scorer that positively impacts our roster and adds depth and flexibility,” said Presti in OKC’s release. “We have a lot of respect for his toughness and competitiveness, and believe that he is a physical playmaker who will enhance the versatility of our team. We are excited to welcome Dion to Oklahoma City and the Thunder organization.”

The Thunder’s draft pick being conveyed is protected 1-18 in 2015 and 1-15 in 2016 and 2017, respectively, according to the release from the Thunder. Should the pick not convey during this period, Oklahoma City would send the Cavs its second round draft picks in 2018 and 2019.

The Knicks’ release also makes it official that Dalembert has been waived.

8:26pm: The Knicks will receive Thomas, Amundson, and Kirk in the deal but will only keep Thomas, according to Howard Beck of Bleacher Report (via Twitter). The Knicks will also waive Dalembert.

The Cavs are sending their 2019 second-round pick to the Knicks, sources tell Brian Windhorst and Marc Stein of ESPN.com. The duo hears that team officials spoke with LeBron James about his willingness to play alongside Smith before executing the deal.

Even though the deal weakens the Knicks in the short-term, Beck (link) hears that the Knicks are not giving up on the season. The Knicks plan on making more moves between now and the February trade deadline.

At present, it appears that the deal will have Waiters going to the Thunder, Shumpert and Smith going to the Cavs, and Thomas, Amundson, and Kirk going to the Knicks. In addition, the Cavs will receive a future first-round pick from the Thunder and the Knicks will get the Cavs’ 2019 second-round choice.

Waiters has been the subject of trade talks for some time and the Cavs were reportedly telling teams around the league that they’d be willing to part with him. Cleveland wanted Grizzlies big man Kosta Koufos, who would fit the bill as the “difference-making center” they were after, but they have found another deal in this proposed three-way swap. Waiters, 23, has averaged 10.5 PPG, 2.2 RPG, and 1.7 RPG – all career lows – through 33 games this season. The former No. 4 overall pick was reportedly being shopped in August as well, but the Cavs couldn’t find a suitable deal. Waiters might not be the most complete player in the NBA, but he is a scoring threat and should add lots of punch for OKC off of the bench.

The Knicks wanted to trade Smith more than anyone else, according to a December report from ESPN.com’s Chris Broussard. In fact, the Knicks have been huddling up internally for some time to figure out how they could move the polarizing guard. There hasn’t been much trade buzz surrounding Smith in recent weeks, but the Knicks were able to find a taker in tonight’s three-team blockbuster. The 29-year-old New Jersey native is averaging 10.9 PPG, 3.4 APG, and 2.4 RPG this season. The scoring output is his lowest since his sophomore season in 2005/06. His PER rating of 11.7 – a career low – tells a more complete story of his struggles this season. Thanks to his 15% trade kicker, Smith will collect on something of a belated Christmas bonus.

Shumpert, 24, has been a mainstay on Hoops Rumors and on the back pages of the New York tabloids for the last two seasons. The Knicks might not have been intent on moving Shumpert, but by including him they were able to move both his salary and Smith’s without taking much back. The combo guard is averaging 9.3 PPG, 3.4 RPG, and 3.3 APG in 26 minutes per contest this season. Shump is also headed towards restricted free agency this offseason and the Knicks, ostensibly, weren’t going to make a big play to retain him.

The Knicks didn’t add much in terms of assets, but they have greatly improved their financial situation by moving Smith’s substantial contract. The guard is making nearly $6MM this season and he holds a player option worth nearly $6.4MM for 2015/16. It’s possible that the shooting guard could turn down the option in order to seek a more lucrative multi-year deal, but that’s not a risk that Phil Jackson & Co. were willing to take. Beyond the financial benefit of moving Smith’s deal, the Knicks are also moving a player who might not be a wonderful locker room presence.

D-League Notes: Cavs, Grizzlies, Heat

December 21st, 2014 at 4:20pm CST by Zachary Links

We’ll keep track of today’s D-League assignments and recalls right here. As always, you can check out our running post to keep track of all of the D-League moves for the 2014/15 season..

Grant Jerrett has been recalled from the D-League, the Thunder announced earlier today. Jerrett has appeared in five games (four starts) for the Blue this season, averaging 11.2 points and 4.2 rebounds in 22.0 minutes per game.
The Cavs announced that they have recalled center Alex Kirk from the Canton Charge. Kirk has played in 13 games (all starts) for the Charge this season with averages of 16.5 points, 7.2 rebounds, and 1.2 blocks in 32.2 minutes per contest. The big man has appeared in three games for the Cavs this season.
The Grizzlies announced that they have recalled guard Jordan Adams and forward/center Jarnell Stokes from the Iowa Energy. Both players were on their third stint with the Energy this season. Adams, 20, has averaged 18.0 points and 7.1 rebounds in across seven games for the Energy this season. Stokes, 20, has averaged 13.0 points and 7.3 rebounds in three games for Iowa.
The Heat announced that they have recalled Andre Dawkins from the D-League. Dawkins appeared in nine games (three starts) for the Sioux Falls Skyforce and averaged 25.6 points, 3.2 rebounds, 2.4 assists in 36 minutes per game. Just yesterday, Dawkins dropped 42 points on the Texas Legends. He’ll be available for Miami’s contest against the Celtics later today.

Eastern Notes: Monroe, Celtics, Love, Heat

December 4th, 2014 at 11:00am CST by Chuck Myron

Friends and former Georgetown Hoyas Greg Monroe and Jeff Green share an agent in David Falk, and Monroe, an unrestricted free agent at year’s end, says they’ve playfully discussed the idea of playing together, observes Ben Rohrbach of WEEI.com.

“We joke about it,” Monroe said. “We all joke about it, man, but obviously it’s a lot more than us two coming here [to Boston] or us two talking about it. Right now, I’m just focused on where I’m at. Whenever the time is and if everything is right, then obviously I’ll always weigh my options, but right now I’m not worried about that.”

Boston has enough cap flexibility to offer Monroe a max contract, as Rohrbach points out, but if Green exercises his $9.2MM player option and the Celtics re-sign Rajon Rondo, much of that flexibility would be gone. Here’s more on the Celtics and their Eastern Conference rivals:

Celtics president of basketball operations Danny Ainge reiterated his desire to find a rim protector as he spoke this morning on 98.5 The Sports Hub in Boston, as Rohrbach notes within the same piece. “I’m always trying to get quality,” Ainge said. “We’re trying to get better players, more impactful players. We do have a hole from a rim-protecting standpoint, and you can’t just add rim protection and then give up other things that you have that are solid. So, they’re not easy to find. A quality one, I should say, is not easy to find. Maybe through the draft or free agency, but we will continue to work all the way to the trade deadline to see if we can fix that hole in the meantime.”
Kevin Love said the Knicks “are a great franchise to be a part of” but reiterated his intention to remain with the Cavs for the long term as he spoke in an interview with Steve Serby of the New York Post.
Alex Kirk is back on D-League assignment, the Cavs announced. It’s the fourth such trip to the Canton Charge for the rookie, though none have last as long as a week, as our log of D-League assignments and recalls shows.
The Heat assigned Andre Dawkins to the D-League, the team announced late Monday. It’s the first time Miami has sent anyone to its affiliate this year. Dawkins, who made the Heat out of camp, has seen a total of just 13 minutes so far in the regular season.

And-Ones: Rookies, Nets, Cavs, Pelicans

December 1st, 2014 at 5:30pm CST by Chuck Myron

The vaunted 2014 draft class hasn’t performed up to par quite yet, notes Sam Amico of Fox Sports Ohio. K.J. McDaniels of the Sixers is the third-leading rookie scorer, as Amico points out, but he’s averaging only 10.2 points per game and was the 32nd overall pick. There’s plenty of time for others to fulfill their promise, but this year’s crop of first-year players isn’t exactly revolutionizing the game. Here’s more from around the NBA as the league gets set to tip off a four-game night:

Nets GM Billy King told reporters that he’s considering “tweaks” to the roster as he works the phones, but he offered only a “we’ll see” when asked whether the team’s core of Deron Williams, Brook Lopez and Joe Johnson was still viable. Devin Kharpertian of The Brooklyn Game has the details.
Pelicans coach Monty Williams felt as though he’d given Darius Miller an opportunity to show what he can do after putting him in the starting lineup last week, but he admits that Patric Young still may have had the potential to help the team, observes Jimmy Smith of The Times-Picayune. The Pelicans waived both on Sunday.
The Cavs have recalled Alex Kirk from the D-League, the team announced. The center had 16 points and six rebounds in 29 minutes for Cleveland’s affiliate Sunday on a one-day assignment.

And-Ones: Wallace, Kirk, Pistons, Draft

November 30th, 2014 at 9:35pm CST by Zachary Links

Grizzlies GM Chris Wallace is glad to be back in the driver’s seat, as Steve Bulpett of the Boston Herald writes. “I basically stepped aside. No one told me to step back,” Wallace explained. “My role was reduced, but I intentionally stepped back from the players and the coaches. I did not want to be seen as someone that was a meddler last year. I went to games, but I did not interact with the players or coaches during that time. I stayed involved in the game. I was watching the college game closely and the NBA game and attending games at both levels, because I planned on getting back. I didn’t know it was going to be here.” More from around the NBA..

The Cavs announced that they have assigned center Alex Kirk to their D-League affiliate, the Canton Charge. Kirk averaged 23.7 PPG and 9.7 RPG in three games for the Charge this season. He has also appeared in three games for the Cavs this season.
The Pistons recalled Tony Mitchell from the Grand Rapids Drive of the D-League, according to the RealGM transactions log.
If the draft was tomorrow, Kansas guard/forward Kelly Oubre might not be a top pick, tweets Jonathan Givony of DraftExpress. Oubre has been seeing limited minutes so far for the Jayhawks, but there’s still plenty of season ahead for the frosh. He’s currently rated No. 5 in DraftExpress’ 2015 mock.

Eastern Notes: Love, Kirk, George, Sixers

November 24th, 2014 at 7:12pm CST by Arthur Hill

The Cavaliers are confident Kevin Love will be in Cleveland for the long run, but rival GMs aren’t so sure, writes Ken Berger of CBSSports.com. Berger notes that when the Heat formed their “Big Three” four years ago, LeBron James, Dwyane Wade and Chris Bosh all signed six-year deals that contained opt-outs after four. But under the new CBA, there’s a disincentive for a player to accept an extension before becoming an unrestricted free agent. Love has a $16.7MM player option for next season. There’s more on the Cavs amid the latest from the Eastern Conference:

The Cavs are actively seeking immediate help in the frontcourt, tweets Sam Amico of Fox Sports Ohio. Cleveland would love to pry Timofey Mozgov from the Nuggets, but so far those efforts have been fruitless.
Cleveland made a roster move Monday, recalling center Alex Kirk from the D-League’s Canton Charge, the Cavs announced. Kirk has played two games for the Cavaliers this season and three games for the Charge.
The Pacers have begun to lose hope that Paul George‘s broken leg will heal in time for him to play this season, a source tells Marc J. Spears of Yahoo! Sports, who writes amid his weekly power rankings.
A source suggested to Adam Zagoria of SNY.tv that the Sixers would probably trade one of their existing big men if they had a chance to draft top prospect Jahlil Okafor this summer. A “bidding war” for Joel Embiid and Nerlens Noel would ensue if the Sixers wind up with the No. 1 pick this year, writes Sam Smith of Bulls.com. Smith has nonetheless heard opposing GMs say they’re reluctant to trade for any Sixers because of the losing environment those players have been a part of.

Chuck Myron contributed to this post.

Cavs Notes: Varejao, LeBron, Trades, Blatt, Kirk

November 19th, 2014 at 2:14pm CST by Chuck Myron

Anderson Varejao isn’t sure that the Cavs didn’t resist trading him over the past few years in hopes that he might serve a lure to draw friend LeBron James back to Cleveland, but regardless of the Cavs’ intentions, Varejao’s presence paid dividends, reports Ian Thomsen of NBA.com.

“That’s a big part of the reason why I came back: It was because he was still here,” James said. “A lot of people told him he should talk about getting traded or force his way out of here, and he just stuck around, man. And I’m happy that he’s still here. He’s a big cornerstone of this franchise being here for over 10 years, and it wouldn’t be the same without him.”

Varejao will be around for a while longer after signing a three-year $30MM extension last month, and presumably he’ll continue to serve as enticement for James, who possesses a player option for next season, to stay. Here’s more from Cleveland:

GM David Griffin acknowledges the team’s defensive shortcomings, and he’s not holding back when it comes to finding a solution, as he tells Chris Haynes of Northeast Ohio Media Group. “No one is untouchable, and you’re never done building a team, so we’re always paying attention to what opportunities are out there,” Griffin said. “My tendency is always trying to do what we can do to improve the roster. But I’m not looking to create one so much as paying attention to what I’m hearing.” Still, the GM cautioned that he wouldn’t put much stock in any player movement rumors involving his team for the time being.
The Cavs took a chance on David Blatt this summer, and despite a 5-4 start, Griffin remains confident in the first-year head coach, as Haynes relays in the same piece. “I think David has done a tremendous job,” he said. “I think his task is very large. I feel bad in a lot of ways because people have a tendency to want everything to happen right now and when it doesn’t, it has to be someone’s fault when in reality, this adversity is very organic and good for us. He’s renowned for his ability to innovate and make adjustments. I’m glad he’s our partner in this.”
Rookie Alex Kirk is headed back on D-League assignment, the team announced. The center just returned to the big club Monday from three days with the Canton Charge, as our log of D-League assignments and recalls shows.

D-League Moves: Suns, Cavs, Celtics

November 17th, 2014 at 11:33am CST by Chuck Myron

The D-League began its season this past weekend, and no one’s off to a hotter start than Wolves camp invitee Brady Heslip, who’s playing for the affiliate of the Kings. He’s scoring a league-leading 39.0 points per game after two contests, and while it’s early, he’s making a case to appear on an NBA roster before too long. In the meantime, several players who are already on NBA contracts spent the weekend on D-League assignment, and we’ll round up their latest comings and goings here:

A pair of 2014 first-round picks are back with Phoenix, as the Suns have recalled No. 14 selection T.J. Warren and No. 18 pick Tyler Ennis from the D-League, the team announced. Warren put up a sizzling 36 PPG in two appearances for the Bakersfield Jam this weekend, while Ennis averaged 22.0 PPG and 7.5 assists per contest. The Suns assigned the pair to Bakersfield on Thursday.
The Cavs have recalled Alex Kirk from the D-League, the team announced. Kirk didn’t appear in the only game the Canton Charge played during his three-day assignment, a three-overtime loss to the Sixers affiliate.
Rookies James Young and Dwight Powell are back with Boston after a two-day D-League assignment, the Celtics announced (Twitter link). The duo scored 21 points a piece and Powell came down with 17 rebounds in a win Sunday for the Maine Red Claws.

Eastern Notes: Labor, J.R. Smith, Butler, Cavs

November 14th, 2014 at 12:03pm CST by Chuck Myron

The collective bargaining agreement is in place at least until 2017, but LeBron James wants to see constructive labor negotiations start sooner rather than later in the wake of sharp remarks this week from union executive director Michele Roberts and commissioner Adam Silver. Joe Vardon of the Northeast Ohio Media Group has the details.

“At some point we would like to start conversations, because you don’t want to get to a point to where the deadline happens and now we’re scrambling,” James said. “Our game is too good, it’s too popular, everyone loves our game all across the world and we don’t want to get to a point where there’s another lockout.”

While we wait to see if LeBron can help bring the sides to the table, here’s the latest on his rivals from the Eastern Conference:

The Knicks continue to have internal discussions about ways to trade J.R. Smith, just as they have since July, tweets Ian Begley of ESPNNewYork.com. A report early this month indicated that New York and the Pacers had engaged in talks about a Smith trade, and while a follow-up cast doubt on that notion, the most recent dispatch indicates that the Pacers do have interest in the volatile shooting guard.
An anonymous executive suggests to fellow ESPNNewYork.com scribe Ian O’Connor that Smith continues to be a viable trade asset in the proper circumstances. “J.R. has had a lot of issues but he can be a big-time scorer when he’s doing the right things,” the executive said. “There’s always a team out there willing to take a chance on somebody if they feel he can put them over the top, and there’s no doubt J.R. can play. People are going to be concerned about chemistry issues in the locker room, so it would have to be a strong leadership and coaching staff that take him in.”
Randy Wittman was the driving force behind the Wizards‘ decision to sign Rasual Butler, as the coach prevailed upon the team to invite the 35-year-old to camp, according to J. Michael of CSNWashington.com, who writes in his mailbag column. The move has paid off, as Butler made the opening-night roster and is averaging 8.8 points in 17.6 minutes per game.
The Cavs have assigned rookie Alex Kirk to the D-League, the team announced. Kirk has only seen three minutes of regular season action thus far for Cleveland.

And-Ones: Clippers, Diawara, Mavs, Cavs

August 20th, 2014 at 12:00pm CST by Chuck Myron

Interim Clippers CEO Dick Parsons will step down in a few weeks, as he tells the Fox Business Network, according to Arash Markazi of ESPNLosAngeles.com (Twitter link). The move is no surprise now that Steve Ballmer has officially taken over the franchise, since Parsons said in May shortly after the league installed him as a caretaker for the team that he had no plans of remaining with the club after its ownership situation was resolved. Parsons has been acting as a “proxy owner,” as he put it, with final authority over any decisions president of basketball operations Doc Rivers made. Here’s more from around the league:

Multiple NBA teams had interest in bringing Yakhouba Diawara back to the league this summer, but he indicated on his Twitter account late Tuesday that he’s signing with Pallacanestro Varese of Italy (hat tip to Sportando’s Emiliano Carchia). David Pick of Eurobasket.com confirms the news with a tweet of his own. Diawara worked out for the Raptors, Bucks and Nets over the past few months.
This season’s minimum salary in Ivan Johnson‘s two-year contract with the Mavs is guaranteed for only $25K, reports Eric Pincus of Basketball Insiders (Twitter link).
It appears as though the Cavs guaranteed $65K of the minimum salary for Alex Kirk this season, Pincus also tweets.