Carmelo Anthony Rumors | Hoops Rumors

Thunder Allow Carmelo Anthony To Meet With Prospective Suitors

July 10th, 2018 at 2:53pm CST by Luke Adams

With the Thunder and Carmelo Anthony expected to part ways, the team granted the veteran forward permission to meet with prospective suitors, reports ESPN’s Adrian Wojnarowski.

According to Wojnarowski, Anthony and his representatives – including agent Leon Rose – met with the Rockets and Heat in Las Vegas at the NBA Summer League in recent days. The Lakers are also among the teams said to have interest in Anthony, though there’s no indication in Wojnarowski’s report that they’ve met with Carmelo or his reps. Marc Stein of The New York Times suggests L.A.’s interest in Anthony may be overstated.

As Woj details, Anthony’s meeting with the Rockets included head coach Mike D’Antoni, who spent time in New York with the 34-year-old. While the two men had a rocky relationship as members of the Knicks, D’Antoni made it clear during their latest meeting that the circumstances would be much different this time around. The Houston coach welcomed the idea of reuniting with Anthony, league sources tell Wojnarowski.

Wojnarowski didn’t provide any specifics on Anthony’s meeting with the Heat, but says that coach Erik Spoelstra has been a “strong advocate” of adding the 10-time All-Star.

Before Anthony can sign with the Rockets, the Heat, or any other club, he’d need to become a free agent. According to Wojnarowski, the Thunder are still exploring possible trade scenarios that would send Carmelo to a new team, which would subsequently waive him. However, such an outcome seems unlikely — no team has the cap room to absorb his $28MM salary outright, and any over-the-cap clubs would have to send out more than $22MM to meet salary-matching rules.

Teams with cap room available are more viable trade partners for Oklahoma CIty, but would still have to send out some salary in any deal, and would likely expect significant assets from the Thunder, whose 2020 first-rounder is tied up as a result of another trade.

Anthony also has a no-trade clause, but he has agreed to waive it if he gets sent to a team that doesn’t intend to keep him, Wojnarowski notes.

Rockets Rumors: Capela, Luxury Tax, Anthony

July 10th, 2018 at 8:44am CST by Luke Adams

In the wake of multiple reports suggesting that the Rockets and Clint Capela aren’t close to reaching a new deal, Tim MacMahon of ESPN.com provides some specific details on the negotiations between the two sides.

Sources tell MacMahon that Houston’s initial offer to Capela was in the neighborhood of $60MM for four years. However, the young center is believed to be seeking a deal similar to the one Steven Adams signed with the Thunder — $100MM over four years.

Accepting an offer in the $60-70MM range would mean earning a lower annual salary than several lesser centers around the NBA, so it makes sense that Capela would be seeking a larger deal. Still, he’ll have to be careful about overplaying his hand. Only the Hawks and Kings still have the cap room necessary to top a $15MM-per-year offer, and neither club seems eager to use its remaining space on a center.

Capela could accept his qualifying offer and hope for stronger outside offers as an unrestricted free agent next summer, but that’s a risky move. That qualifying offer is worth less than $5MM, so if Capela suffers a major injury during the 2018/19 season – like DeMarcus Cousins did in a contract year – he’d regret not having accepted Houston’s best long-term proposal.

Here’s more on the Rockets:

Although the Rockets have already lost Trevor Ariza and Luc Mbah a Moute in free agency, new team owner Tilman Fertitta is adamant that the luxury tax isn’t influencing Houston’s roster decisions, as MacMahon details. “We know we’re going to be in the luxury tax, and if you want to compete for a championship, I feel like unless you get real lucky, you’re going to be in the luxury tax,” Fertitta said on Monday. “So it is what it is. … It never even came up in any discussion.”
General manager Daryl Morey acknowledged that the Ariza and Mbah a Moute departures will hurt, but sounds optimistic that the team will find a way to fill those newly-created roster holes. “Both Trevor and Mbah a Moute were a big part of our team,” Morey said, per MacMahon. “That’s part of my job and our staff’s job is to put together a new group for this year. We feel confident. We need our best team on April 15. We’re going to either sign or trade or something to get us back to where we need to be, and we also really like our group.”
Fertitta also expressed confidence about the Rockets’ roster: “We feel like we were a Chris Paul injury away from being in the Finals, and we feel really good about this year. I think come opening night, I think everybody’s going to be really impressed with the team that we have on the floor.”
Within MacMahon’s piece, ESPN’s Adrian Wojnarowski confirms that the Rockets plan to pursue Carmelo Anthony once he’s waived or bought out by Oklahoma City. Many executives around the NBA reportedly view Houston as the frontrunner to land Anthony, and Wojnarowski noted in a tweet that the Rockets are “determined” to sign him.

Rockets Considered Favorites To Land Carmelo Anthony?

July 8th, 2018 at 10:06pm CST by ChrisCrouse

Many NBA executives consider the Rockets the favorite to land Carmelo Anthony, according to Kevin O’Connor of the Ringer (Twitter link).

O’Connor also predicts that Melo will sign with Houston but names the Lakers, Heat, and Sixers as other possibilities. It was previously reported that Houston, Los Angeles, and Miami were expected to have interest in the future Hall-of-Famer.

Anthony’s business manager, Bay Frazier, spent a good portion of the Warriors-Rockets summer league game alongside the Rockets’ brass. Frazier was seen with Chris Paul, owner Tilman Fertitta, player development coach John Lucas II, and head coach Mike D’Antoni, according to ESPN’s Dave McMenamin (Twitter link).

The Rockets were linked to Anthony last summer, having pursued him when the Knicks were looking to make a move. New York wasn’t interested in taking back Ryan Anderson as part of the deal and talks stalled, leading the organization to send Anthony to the Thunder. While Anthony’s latest breakup isn’t yet finalized, a buyout arrangement appears forthcoming, as OKC is unlikely to find a taker on the trade market for his nearly $28MM salary.

The Thunder are facing luxury tax concerns and will be looking to trim as much salary as possible off their books in negotiations. The Rockets have the $5,337MM taxpayer mid-level exception at their disposal and if Anthony can line up an offer with Houston or another club, it may expedite the process of him leaving the Thunder.

Rockets, Heat, Lakers Expected To Have Interest In Carmelo Anthony

July 6th, 2018 at 1:18pm CST by Luke Adams

The Thunder intend to part ways with Carmelo Anthony this summer, whether that means trading him, waiving and stretching him, or buying him out and stretching him. With a trade considered a long shot, potential suitors for Anthony expect him to reach the open market, at which point he’ll likely be “pursued vigorously” by contending teams, per ESPN’s Adrian Wojnarwoski and Royce Young.

According to Wojnarowski and Young, the Rockets, Heat, and Lakers are among the teams expected to express interest in Anthony. Word of Houston’s interest was first tweeted by Marc Stein of The New York Times.

The Rockets have their $5.337MM taxpayer mid-level exception available and pursued Anthony last summer. Heading to Houston would allow Anthony to compete for a title and join old friend Chris Paul.

Anthony could also team up with a close friend in Los Angeles, with LeBron James poised to sign with the Lakers. L.A. still has about $5.6MM in cap room available, so the club would be able to offer Carmelo more than the minimum.

As for the Heat, they haven’t used any of their mid-level exception, so they’d be able to go up to $5.337MM, or perhaps even higher if they’re willing to hard-cap themselves. They might not be as close to title contention as the Rockets or Lakers, but the Heat could have a clearer path to a deep playoff run than L.A. at least, given how much more competitive the West will be. They’d also have a Banana-Boater on their roster if Dwyane Wade opts to return.

Recognizing that the Thunder will have to let him go at some point, Anthony may not be incentivized to surrender much money in a buyout agreement with Oklahoma City. However, if he knows he has a $5MM+ offer lined up with another team, it could push him to give up a little of his Thunder salary to accelerate the process.

Thunder, Carmelo Anthony To Part Ways

July 6th, 2018 at 12:21pm CST by Luke Adams

While the specifics haven’t yet been finalized, the Thunder and Carmelo Anthony will part ways at some point this summer, according to ESPN’s Adrian Wojnarowski and Royce Young. Per ESPN’s report, the Thunder and Anthony’s camp are expected to work together to figure out whether Anthony will be traded, waived and stretched, or bought out and stretched.

According to Wojnarowski and Young, both sides are on board with ending the relationship. Anthony recognizes that he’d be in line for a scaled-back role if he remains in Oklahoma City, and the Thunder want to cut costs by trying to get out from under Carmelo’s contract.

Anthony, who opted into the final year of his current contract, is in line for a salary of $27,928,140 as a result of waiving his early termination option. With the Thunder’s team salary projected to significantly exceed the luxury tax line, clearing a good chunk of Carmelo’s exorbitant salary would be the quickest way to creating substantial savings for 2018/19.

As cap expert Albert Nahmad tweets, simply waiving and stretching Anthony could reduce Oklahoma City’s projected luxury tax bill by about $91-95MM, and the team would only have to pay a third of his salary this season. Of course, stretching Anthony would create $9.3MM+ cap hits in 2019/20 and 2020/21, when the Thunder also figure to have repeater tax concerns, which is why OKC will explore trade and buyout options too.

The Bulls are the only team that currently has the cap flexibility to absorb Anthony’s contract outright, though a couple other clubs could take on Carmelo if they sent out a little salary in the deal. However, a trade is probably unlikely, given the lack of teams with cap room and the fact that the Thunder would have to attach multiple assets to him in order to incentivize such a swap. Anthony also has a no-trade clause and could veto any deal he didn’t like.

A buyout is perhaps the most viable path for the Thunder. While Anthony is unlikely to give up major money, every dollar he’s willing to surrender would be worth exponentially more to Oklahoma City, given the team’s tax outlook. If he were to agree to reduce his Thunder salary by even $4MM or so, OKC could stretch his salary at about $8MM per year rather than $9.3MM+ annually.

If and when Anthony and the Thunder figure out his exit route, it will be interesting to see which clubs step up as suitors for the veteran forward. While he isn’t the player he once was, Carmelo still averaged 16.2 PPG and 5.8 RPG with a .357 3PT% last season for OKC, and could make sense in certain roles for a number of contenders.

The Lakers and Rockets seem likely to emerge as possible options for Anthony. Both teams have $5MM+ available in cap room or a mid-level exception and are expected to contend in the West. And each club has one of Carmelo’s good friends – LeBron James and Chris Paul – on its roster.

Photo courtesy of USA Today Sports Images.

Jerami Grant Signs Three-Year Deal With Thunder

June 30th, 2018 at 11:18pm CST by Luke Adams

JULY 7: The signing is official per a news release from the team.

JUNE 30: After reaching an agreement to retain Paul George, the Thunder aren’t done. According to ESPN’s Adrian Wojnarowski (via Twitter), Oklahoma City has reached an agreement with forward Jerami Grant on a three-year contract worth $27MM. Grant will have a player option on the third season, Wojnarowski adds (Twitter link).

Thunder officials had feared that Grant would get a better offer elsewhere, notes Alex Kennedy of Hoops Hype (Twitter link). However, Oklahoma City was able to keep him in the mix even after committing a four-year max deal to George.

The 24-year-old forward just completed his second straight productive season in OKC, averaging 8.4 points and 3.9 rebounds as a valuable member of the Thunder’s reserve squad. He was particularly solid in the postseason — in the first round against the Jazz, the Thunder had a +8.9 net rating when Grant was on the court, and a -17.1 net rating when he sat.

Oklahoma City had a memorable night on the free agent front, but also an expensive one. Grant’s new contract, plus the four-year, $137MM deal for George, represents a lot of new money for a team that already had luxury tax concerns.

It could be a sign that management intends to either pursue a buyout with Carmelo Anthony or waive him and use the stretch provision on his $27.9MM salary. Alex Abrines, Patrick Patterson, and Kyle Singler are other candidates to be traded or waived to cut costs.

Photo courtesy of USA Today Sports Images.

Carmelo Anthony Tells Thunder He Won’t Opt Out

June 23rd, 2018 at 12:08pm CST by ChrisCrouse

Carmelo Anthony has told the Thunder that he won’t exercise his Early Termination Option, sources tell Shams Charania of Yahoo Sports (Twitter link). He will be under contract for approximately $27.9MM this upcoming season.

The move was widely expected, as the market for Anthony’s services didn’t appear to match the lofty figure he’ll receive during the final season of the five-year deal he signed with the Knicks during the summer of 2014. Marc Stein of the New York Times reported on Friday that Melo would take this route.

Anthony averaged a career-low 16.2 PPG this past season, adding career lows in assists per game (1.3) and minutes per game (32.1). He was an afterthought during the team’s short playoff run, often hitting the bench during crucial moments.

Anthony had previously indicated that he wanted a larger role and a buyout agreement between Anthony and Oklahoma City could be forthcoming. After this week’s draft, GM Sam Presti said he was in contact with the future Hall-of-Famer.

The trade market may a difficult one for the Thunder to navigate, but with many teams lacking cap space and holding contracts from the summer of 2016 on their books, it’s possible a deal gets done. That’s based solely off of speculation, yet with the contracts of Timofey Mozgov (two years, slightly over $32MM remaining) and Dwight Howard (one year, $23.5MM remaining; likely to reach a buyout agreement with the Nets) on the move this week, it appears that no contract is untradable under the right circumstances.

Carmelo Anthony Won’t Opt Out Of Contract

June 22nd, 2018 at 4:03pm CST by Dana Gauruder

Carmelo Anthony won’t exercise the early termination option on his contract before Saturday’s deadline, reports Marc Stein of The New York Times. As Stein writes, that means Anthony is opting into the final year of his contract with the Thunder, which will put him in line for a salary of $27,928,140 in 2018/19.

Despite any lingering issues he has with the club over his role last season, Anthony wasn’t going to leave that much money on the table. Oklahoma City and Anthony can pursue a buyout, which would allow the veteran forward to try to find another team where he could get more playing time and touches. Anthony said after Oklahoma City was eliminated from the playoffs that would not accept a limited role again, Stein notes.

Anthony averaged 16.2 PPG and 1.3 APG in 32.1 MPG during the regular season, all career lows. His production dipped to 11.8 PPG and 0.3 APG in the Thunder’s six playoff games and he was often off the floor during crunch time.

The Thunder could, of course, try to trade him but moving Anthony’s salary would be nearly impossible.

Anthony’s decision to decline the ETO has major implications in regard to the team’s luxury-tax situation as it seeks to re-sign Paul George. The Thunder’s tax bill could approach $80MM if George were re-signed to a max contract with a first-year salary of $30.3MM, as Stein points out.

The Thunder general manager Sam Presti told the media after Thursday’s draft that the club has been talking with Anthony’s representatives.

Northwest Rumors: Thunder, Blazers, Wolves, Nuggets

June 22nd, 2018 at 1:47pm CST by Luke Adams

With his free agency just over a week away, the Thunder are keeping the lines of communication open with Paul George, general manager Sam Presti said on Thursday night, per Brett Dawson of The Oklahoman.

“Paul and his representation, we built a relationship built on transparency, trust and collaboration,” Presti said. “I’m happy to say that that’s continued during the period of time that the season ended to now, which I think speaks a great deal about Paul George and just who he is as a guy. It’s just how he operates. Things don’t change.”

Meanwhile, Presti confirmed that the Thunder have also been having conversations with Carmelo Anthony‘s representatives in recent weeks. Although it’s viewed as a virtual lock that Anthony will opt into the final year of his contract, Presti wasn’t willing to make any assumptions on Thursday, as Erik Horne of The Oklahoman writes.

“I can’t speak to necessarily what he’s gonna to do with respect to the early termination option, but we have been in touch with him and tried to provide him with as much information as we can so he can make the most informed decision possible,” Presti said. “But it’s pretty well-documented, we have a lot of balls in the air, and it’s still June. It’s not even July. So, we’ll have to see what it is that he chooses to do, and we’ll continue to have conversations from there.”

Here’s more from around the Northwest:

Following Thursday’s draft, Trail Blazers president of basketball operations Neil Olshey said the club made an effort to use its No. 24 pick and trade exception to land an “impact rotation guy,” but couldn’t find a suitable deal (Twitter link via Joe Freeman of The Oregonian). “(This draft) wasn’t about existing players,” Olshey said, referring to the fact that no veterans were traded on Thursday. “It was about the draft.”
The Timberwolves were active on the phones throughout the draft considering potential trades, but ultimately decided that keeping the 20th and 48th picks was their best option, writes Jon Krawczynski of The Athletic. Minnesota had spoken to the Pacers, Trail Blazers, and Hawks about moving down from No. 20, but with a run on wings happening, didn’t want to risk losing out on a player like Okogie, Krawczynski notes.
Nuggets president of basketball operations Tim Connelly said the club had “countless” conversations about trading up in the draft, but was thrilled that Michael Porter Jr. fell to No. 14. Connelly added that the Nuggets will be cautious with Porter and won’t play him until the team is confident that he’s “perfectly healthy” (Twitter links via Gina Mizell of The Denver Post).

Northwest Notes: Anthony, Leonard, McCollum, Favors

May 12th, 2018 at 10:57am CST by marksuleymanov

After a disappointing first season with the Thunder, Carmelo Anthony‘s future with the organization is unclear. He wields a $28MM option he figures to utilize, which would extend his Thunder tenure for one more season. However, Oklahoma City could pursue some sort of buyout with Anthony, which may put his NBA future in doubt.

Jenni Carlson of The Oklahoman writes that one option for Anthony — if he leaves the Thunder this summer — is a career in China. The 33-year-old has already said he will not accept a bench role next season and it may be hard for him to secure a job with consistent playing time and scoring opportunities. Carlson writes that Anthony, if he goes to China, would automatically become the best player on any team he joins and be the focal point.

Carlson specifically points out the success that Stephon Marbury enjoyed in the China Basketball Association, becoming a sports legend in the country who was honored with a statue. Despite his struggles, Anthony still played in more games (78) than he has since the 2005/06 season while averaging 16.2 PPG. In contrast, Marbury averaged 3.8 PPG in his final NBA season. Nonetheless, if Anthony’s Thunder career is over, he will have options.

Check out more Northwest Division notes:

If the Trail Blazers can enter the hypothetical Kawhi Leonard sweepstakes, the team should offer C.J. McCollum in trade talks for the Spurs superstar, John Canzano of The Oregonian opines.
During an appearance on ESPN’s First Take this week, McCollum discussed the possibility of either him or teammate Damian Lillard being traded by the Trail Blazers this summer, per Sean Meagher of The Oregonian. “If you trade one of us, it’s lateral movement,” McCollum said.
Jazz big man Derrick Favors spoke about his time in Utah in the past tense while cleaning out his locker this week but he wasn’t necessarily shutting the door on a return this summer, Mike Sorensen of the Deseret News writes. Favors will have plenty of suitors in free agency and he is ready for the experience. “We’ll see how it goes,” he said. “There will be a lot of things to think about this summer, but I can wait for that.”