Chris Copeland Rumors | Hoops Rumors

Several Teams Eyeing J.R. Smith, Chris Copeland

June 26th, 2013 at 8:51pm CST by Chuck Myron

8:51pm: Zwerling and ESPN colleague Chris Broussard add the Suns to the list of teams interested in Smith, while the Mavs, Pacers, Lakers, Thunder, Raptors, Jazz and Wizards are in the market for Copeland, according to their report.

7:36pm: The Bucks have strong interest in J.R. Smith, and they're also interested in fellow Knicks free agent Chris Copeland, tweets Jared Zwerling of ESPNNewYork.com. Milwaukee will have plenty of cap space, presuming the team doesn't re-sign many of its own free agents, so Milwaukee can outbid New York.

Fellow ESPNNewYork.com scribe Ian Begley noted Milwaukee's interest in Smith last night, pointing to the Pistons as another team eyeing the reigning Sixth Man of the Year. It's unclear whether the interest from either Smith or Copeland is mutual. Both have spoken about their desire to remain in New York, though John Spencer, Copeland's agent, said in May that money would be a key for his client this summer.

The taxpaying Knicks have Early Bird rights on Smith, but that limits them to a four year deal with a starting salary at either 175% of his previous salary, which would be $5,132,298, or 104.5% of the league average salary, whichever is greater. We won't know the league's official average salary calculation until July, but it's expected to be around that same amount.

While Smith is an unrestricted free agent, Copeland is on the restricted market, meaning the Knicks have the right to match offers after having extended him a qualifying offer today, worth $988,872 for one year. Copeland is a Non-Bird free agent, and the best the Knicks could do for him would be a four-year deal starting at $3.183MM via the taxpayer's mid-level exception. If the Knicks somehow find a way to dip below the tax apron, which appears unlikely, New York could get help via the Gilbert Arenas Provision, which limits other teams to offers with a starting salary of no more than the non-taxpayer's mid-level. The Pelicans are another team that's shown interest in the forward who's coming off a surprisingly impressive rookie year.

Pelicans To Pursue Chris Copeland

June 25th, 2013 at 3:00pm CST by Luke Adams

3:00pm: Speaking to Adam Zagoria of SNY.tv, agent John Spencer confirmed that the Pelicans have interest in his client and said he expects other teams to show interest as well. But that doesn't necessarily mean Copeland will leave the Knicks, according to Spencer.

"He turned down a lot of money to play in New York last year," Spencer said. "It would not surprise me if Chris turned down a lot of money to stay in New York. It’s really about circumstances and situations."

The Knicks extended a qualifying offer to Copeland earlier today, officially making him a restricted free agent.

8:22am: Having only signed a one-year deal with the Knicks last summer, Chris Copeland will become a free agent this summer, less than a year after making his NBA debut. And according to Marc Berman of the New York Post, at least one team is planning to make a "strong bid" for Copeland. Berman reports that the Pelicans are expected to pursue Copeland in July.

Because Copeland has just been in the NBA for a year, the Knicks will have the opportunity to extend a qualifying offer, making him a restricted free agent. However, because New York is in the tax, the team is expected to only have the mini mid-level exception (starting at about $3.18MM) available to match any rival offer sheets for the 29-year-old.

Armed with plenty of cap space, the Pelicans would be able to make Copeland an offer the Knicks are unable to match. Berman reported last month that Copeland would likely be seeking "Steve Novak money," or about $4MM per year on a long-term deal. If New Orleans was to meet that reported asking price, the Knicks wouldn't have the means to match the Pelicans' offer.

According to Berman, Pacers president Donnie Walsh also has interest in Copeland. The Pacers don't figure to have as much financial flexibility as the Pelicans, but they could have the full $5.15MM mid-level exception available, so they'd also be able to outbid the Knicks.

Even if Copeland receives an offer sheet for a starting salary that the Knicks could match (ie. $2-3MM), it wouldn't be a surprise to see the team let him walk. By not committing their MLE to Copeland, the Knicks would be able to use it on Pablo Prigioni or an outside free agent.

Knicks Extend Qualifying Offer To Chris Copeland

June 25th, 2013 at 11:49am CST by Luke Adams

The Knicks have formally extended a qualifying offer to Chris Copeland, making him a restricted free agent, according to Jared Zwerling of ESPNNewYork.com (via Twitter). The offer is for a one-year deal worth $988,872.

Copeland's is the first of many qualifying offers we're likely to see this week. As we explain in our Hoops Rumors glossary, QOs are one-year deals that a player has the option to accept. The offers, which vary in value based on a player's service time and previous contract status, also give the team the right to match offer sheets for the player in free agency.

As I noted this morning, however, because the Knicks are in the tax, they may not have the opportunity to match on Copeland if a rival suitor, such as the Pelicans or Pacers, offers a starting salary worth more than the taxpayer mid-level exception (approximately $3.18MM). The reported interest in Copeland also makes it unlikely that he'd accept the $988,872 offer from the Knicks, since he figures to receive larger bids on the open market.

Odds & Ends: Copeland, Kings, Harden

May 22nd, 2013 at 9:01pm CST by Michael Pina

A few random notes from around the NBA.

Knicks rookie forward Chris Copeland had a few breakout moments in the NBA playoffs, and he's more than interested in making more memories in New York, telling ESPNNewYork.com's Jared Zwerling that it's "very possible" he stays with the team next season.
According to the Sacramento Bee's Jason Jones, Kings assistant coach Bobby Jackson would love to return to the team next season, but has no contract yet.
James Harden is spending his offseason recruiting free agents to join him with the Rockets next season, writes Hoopsworld.com's Alex Kennedy.

Knicks GM Talks Cap, Prigioni, Copeland, Kidd

May 21st, 2013 at 12:13pm CST by Luke Adams

Knicks general manager Glen Grunwald spoke to the media today, reflecting on a Knicks season that ended with a second-round loss to the Pacers and looking ahead to the team's plans for the coming summer. A number of New York reporters, including Al Iannazzone of Newsday, Ian Begley of ESPNNewYork.com, Marc Berman of the New York Post, and Adam Zagoria of SNY.tv, passed along a few of Grunwald's more notable comments, so let's round them up:

The Knicks will focus on continuing to build and add to their core group, but won't be able to acquire anyone via sign-and-trade, says Grunwald (Twitter link). That rules out the pursuit of a top free agent like Chris Paul.
New York will have access to the taxpayer mid-level exception rather than the full $5.15MM MLE, and Grunwald says the club may have to dip into it to match offer sheets for restricted free agents Pablo Prigioni and Chris Copeland (Twitter link).
Despite the team's limited cap flexibility, Grunwald is confident the team can be "creative" when it comes to adding talent, noting that the Knicks "have some ideas" for what can be done (Twitter link).
After speaking to Jason Kidd, Grunwald is confident the veteran point guard will be back next season, as opposed to retiring (Twitter link).
Grunwald declined to comment on J.R. Smith's free agency, but added: "I don’t think you should read that one way or another" (Twitter link).
Although Grunwald was disappointed by the way the Knicks' season ended, he stressed that he likes the team and is excited about its future (Sulia link).

Atlantic Notes: Colangelo, Raps, Copeland, Knicks

May 21st, 2013 at 9:41am CST by Luke Adams

The Raptors have scheduled a pair of conference calls this morning, one with MLSE president/CEO Tim Leiweke and one with Bryan Colangelo, who appears to be taking on a new non-basketball role with the franchise. While we await word on Colangelo's official title, let's check in on a few other notes related to the Raptors' front office changes and related to one of Toronto's division rivals….

The Raptors' top target to replace Colangelo as the head of basketball operations, Masai Ujiri, isn't going to talk to Leiweke before Wednesday, says Doug Smith of the Toronto Star. Smith also suggests that if the Raptors miss out on Ujiri, they should try to convince current advisor Wayne Embry to become the team's new president.
Bruce Arthur and Eric Koreen of the National Post each provide retrospectives for Colangelo's tenure as the Raptors' general manager.
A few days after Chris Copeland's agent said that money would be an important factor in free agency this summer, Copeland stressed that he's "never chased the highest bidder," as Mark Hale of the New York Post details. "I love it here [with the Knicks]," Copeland said. "The finances play a part, but I have a lot of emotional ties here that it would be harder for me to break."
In his latest piece for the New York Post, Marc Berman touches on the contract situations for a number of Knicks players. The highlights: Tyson Chandler says he's not sure whether or not Jason Kidd will continue his playing career, while Carmelo Anthony expresses a desire to see J.R. Smith re-sign with the team.

Chris Copeland To Push For Raise

May 17th, 2013 at 7:55pm CST by Chuck Myron

Perhaps the most unlikely success this season in the NBA was enjoyed by 29-year-old Knicks rookie Chris Copeland, who stuck with the team all season after arriving at training camp with no guaranteed deal. His 13 points helped spark New York's win in Game Five against the Pacers last night, and agent John Spencer is hoping to turn his surprising performance this season into a financial windfall for his client. Spencer said Copeland wants to find a way to stay with the Knicks, but "wants to get paid" as well.

Zwerling hears three teams are interested in negotiating with Copeland when he becomes a restricted free agent on July 1st. A source told Marc Berman of the New York Post that Copeland may seek a contract similar to Steve Novak's four-year, $16MM deal in the offseason, and Spencer says the same to Zwerling, envisioning the 6'9" forward's value to merit an annual salary between $3.5MM and $5MM.

Copeland is on a minimum-salary deal this year, making just $473,604, plus whatever his playoff share from New York's run will be. The Knicks, a luxury tax team, could use his Non-Bird rights to give him $988,872, the amount of his qualifying offer. They could also use their taxpayer's mid-level exception to give him up to $3,182,700, but, as our Luke Adams wrote today, that would preclude the Knicks from signing many free agents from other teams.

As Zwerling notes, the Knicks have plenty of decisions to make regarding free agents this summer, with Sixth Man of the Year J.R. Smith topping that list. Knicks point guard Pablo Prigioni is in a situation identical to Copeland's, though his age (36) may make him less attractive on the market. He's hinted that he may return overseas next season, but the native of Argentina has also expressed a desire to re-sign with the Knicks.

Atlantic Notes: C’s, Copeland, Thomas, Colangelo

May 17th, 2013 at 10:08am CST by Luke Adams

Let's round up a few Friday morning items out of the Atlantic Division….

When Kevin Garnett decided to re-sign with the Celtics last summer, it made the rest of the team's decisions easy, GM Danny Ainge tells Steve Bulpett of the Boston Herald. However, with more factors in play this offseason, Ainge anticipates more difficult decisions and plenty of possible outcomes for the C's.
Knicks GM Glen Grunwald is hoping to re-sign Chris Copeland this summer, but one source tells Marc Berman of the New York Post that the restricted free agent may seek "Steve Novak money" (four years, $16MM), which would put him out of New York's price range. I think if the Knicks were to offer their mini mid-level exception to Copeland, they could re-sign him, but that would rule out the pursuit of many outside free agents.
When Kurt Thomas underwent right foot surgery toward the end of this season, it was widely assumed that he may have played his last NBA game. Thomas remains undecided on his future though, suggesting to Frank Isola of the New York Daily News that there's a chance he could return.
Asked about yesterday's report that the Sixers had received permission to interview Rockets assistant Kelvin Sampson, GM Sam Hinkie replied, "I'm not even there yet. I won't confirm or deny, but I will say I don't know where that came from" (via Bob Cooney of the Philadelphia Daily News).
Citing word out of Toronto, Sam Amico of FOX Sports Ohio hears that this very well could be Bryan Colangelo's last week as the Raptors' GM (Twitter link). The last real updates on the subject came on Monday, when reports were mixed on whether or not Colangelo would be back.

Atlantic Links: Bynum, Knicks, Celtics

March 9th, 2013 at 9:00pm CST by Ryan Raroque

After paying a hefty price of Andre Iguodala, Nikola Vucevic, Maurice Harkless and a first round pick to bring Andrew Bynum to Philadelphia, the 76ers have had little to reap from that investment this season. Ben Bolch of the LA Times wonders if it will be worth the risk offering the one-time All-Star a new deal this summer, something that GM Tony DiLeo called the team's "Plan A" for the upcoming offseason. Here's the rest of what we've heard out of the Atlantic Division tonight:

Howard Beck of the New York Times clarifies that Amar'e's contract is uninsured in the event of a career ending eye or knee injury (Twitter link).
Amare Stoudemire's injury could open up some playing time for sparingly-used Chris Copeland, writes Mark Herrmann of Newsday. Meanwhile, ESPN New York's Jared Zwerling talks about the fallout of not having Stoudemire and how the Knicks will have to adjust for the rest of the season.
A. Sherrod Blakely of CSNNE.com highlights the potency of the Celtics bench, who he says has had an impact on nearly every aspect of the game. In another article, Jackie MacMullan of ESPN Boston delves heavily into the complete team player that Paul Pierce has been and how he has carried the Celtics on his back this season.
Mary Schmitt Boyer of The Plain Dealer profiles Raptors' rookie Jonas Valanciunas, who despite his inexperience has earned a significant role with coach Dwane Casey because of his high activity level and toughness.

Atlantic Notes: Celtics, Raptors, Knicks

January 6th, 2013 at 10:08pm CST by Ryan Raroque

Chris Forsberg of ESPN Boston delves further into what today's roster moves meant for the Celtic green, noting that the $275K the team saved by waiving Kris Joseph is nearly the amount it will cost the team to sign a veteran-minimum player late in the season. He also points out that Boston must wait for Joseph and Jarvis Varnado to clear waivers before being able to offer 10-day contracts. As for the now-former Celtics, Forsberg writes that both will have the option of returning to the D-League while awaiting their next opportunity. Here's the rest of what we've heard out of the Atlantic Division tonight:

ESPN New York's Jared Zwerling describes how current Celtics assistant Jay Larranaga played a pivotal role in helping Knicks forward Chris Copeland earn a shot to play in the NBA.
With P.J. Carlesimo, Nets rookie Mirza Teletovic has another chance to make a first impression (Kristie Ackert of the New York Daily News reports).
In a Q&A with readers that covered a variety of miscellaneous topics, Doug Smith of TheStar.com said that with a full roster, the Raptors aren't currently inclined to waive anyone in order to sign someone to a 10-day contract. With regards to their point guard situation, Smith thinks that Toronto should stand pat for now and seems confident that the team will eventually have discussions next summer to try and keep Jose Calderon.