Danilo Gallinari

Scotto’s Latest: Gallinari, Nunn, Pacers, Nuggets, More

When the Thunder and Heat discussed a potential Danilo Gallinari trade leading up to last week’s deadline, James Johnson, Kelly Olynyk, Kendrick Nunn, and draft compensation were among the various assets that came up in talks, league sources tell Michael Scotto of Bleacher Report. Miami reportedly wanted to extend Gallinari’s contract as part of a deal, but couldn’t agree to terms with his camp, which is one main reason the trade didn’t happen.

ESPN’s Zach Lowe wrote last week that he believed the Heat could’ve acquired Gallinari without surrendering any of their young players like Nunn. So even though his name came up in discussions, that doesn’t necessarily mean the Thunder would have insisted on his inclusion, depending on what other pieces were involved.

While Gallinari remained with the Thunder for this season, Scotto suggests the Heat and Knicks could be among his potential suitors this summer. Miami clearly has interest, and created some cap flexibility for 2020/21 by moving Johnson and Dion Waiters last week. New York, meanwhile, will have cap space and is hiring veteran CAA agent Leon Rose as its new president of basketball operations. Gallinari is a CAA client.

Here are a few more noteworthy tidbits from Scotto’s look at the post-deadline landscape:

  • The Knicks and Pacers discussed a possible Marcus Morris trade. According to Scotto, a package that featured Aaron Holiday, Doug McDermott, and T.J. Leaf was “briefly kicked around,” but didn’t end up going far.
  • McDermott’s name also came up in discussions about a potential Pacers trade with the Bucks involving Ersan Ilyasova, says Scotto. It’s not known which team initiated those talks.
  • Before the Cavaliers traded for Andre Drummond, they called the Pacers to ask about Myles Turner‘s availability, per Scotto. Indiana has remained firm on keeping Turner, though many executives expect the team to eventually break up its Turner/Domantas Sabonis frontcourt.
  • The Nuggets discussed the possibility of trading Gary Harris, Malik Beasley, and Juan Hernangomez as part of a package for Bulls guard Zach LaVine or Pelicans guard Jrue Holiday, sources tell Scotto. New Orleans set a very high asking price for Holiday, while LaVine was said to be “off-limits” for Chicago, so Denver didn’t get far on either front.

Andre Iguodala Still Elite In Riley’s Mind

Heat president Pat Riley isn’t worried about Andre Iguodala‘s age or the fact the veteran forward hasn’t played this season, as he told Barry Jackson of the Miami Herald and other reporters. In fact, Riley took a different spin on Iguodala sitting out while waiting for the Grizzlies to trade him to a contender. Miami acquired Iguodala from Memphis in a deadline deal.

“He’s an elite defender, an elite team defender; an elite assist-to-turnover percentage. You don’t lose that in seven months,” Riley said. “Probably a blessing in disguise he didn’t play in seven months. He’s in shape. He’s definitely going to have to get his basketball legs under him. As long as he’s healthy he can play.”

Riley also touched on a number of other subjects:

  • He was unwilling to give Thunder forward Danilo Gallinari a guaranteed 2021/22 contract extension, which prevented a trade for the OKC forward. That supports an ESPN report earlier today. Miami wanted to protect its projected cap space for the summer of 2021, when several high-level players are expected to hit the free agent market. “I wanted everything. But I wasn’t going to … compromise a two-year plan,” Riley said, adding “I like Gallo. I think he would have fit in really well. “
  • Trading Justise Winslow to Memphis in a three-team deal that also included Minnesota was the hard part for Riley. Winslow has been injured most of the season. “I know he’s missed 150 games during 4 ½ years with us,” Riley said. “We’re going to miss him. The Memphis Grizzlies got a great young player.”
  • No decision has been made on whether to offer Derrick Jones Jr. a contract this offseason. Jones becomes an unrestricted free agent this summer. “I like the fact he’s improved his three-point shooting,” Riley said. “Like the fact he’s become a better, more consistent defender. When that time comes we have a decision to make.”
  • The Heat will scour the buyout market for a rim protector, per Riley: “We will keep our eyes out. We are happy part of this transaction gives us the possibility of a buyout player later on.”

Heat Notes: Gallinari, Olynyk, Jones, Iguodala

For a few hours on Thursday, it looked as if the Heat would end up adding not just Andre Iguodala but Thunder forward Danilo Gallinari as well. However, Oklahoma City ultimately ended up not getting involved in the deal with Miami and Memphis that saw Iguodala, Jae Crowder, and Solomon Hill land with the Heat.

Like they did with Iguodala, the Heat were trying to complete an extend-and-trade deal for Gallinari, but the team’s desire to keep its 2021/22 cap sheet as clear as possible complicated those extensions talks. If the Heat had been willing to do an extension that was guaranteed through 2022, ESPN’s Zach Lowe believes they likely would’ve been able to acquire Gallinari without surrendering any of their key young players.

According to Lowe, talks between Miami and Oklahoma City focused on draft compensation. The Thunder already own the Heat’s top-14 protected 2023 first-round pick and wanted the protections lifted on that selection so that Miami could also trade its 2025 first-rounder to OKC.

As Barry Jackson of The Miami Herald explains (via Twitter), the Heat also probably could’ve acquired Gallinari without extending him, but they felt as if the risk of just renting the veteran forward for three months wouldn’t be worth the draft capital it would require.

Here’s more on the Heat:

  • There was a belief that Crowder and Hill would be re-routed to the Thunder along with draft picks if Gallinari was involved in that Heat/Grizzlies swap. However, that may not have been the only scenario in play — David Aldridge of The Athletic hears from sources that Miami was also willing to discuss Kelly Olynyk and Derrick Jones in potential trades.
  • Jeff Siegel of Early Bird Rights provides some new info on Iguodala’s extension with the Heat, tweeting that the two-year, $30MM deal – which is worth a flat $15MM per year with a team option on year two – features a 7.5% trade kicker. If he’s dealt, that bonus would only apply to Iguodala’s non-option year, unless the option is exercised before the trade.
  • The Heat have newfound flexibility for the summer of 2020 after moving James Johnson and Dion Waiters. Barry Jackson of The Miami Herald explores possible paths Miami could take during the offseason, while cap expert Albert Nahmad of HeatHoops.com takes a more in-depth look at the financial situation facing the team as it considers its options for the next two summers.
  • Count head coach Erik Spoelstra among those impressed with what president Pat Riley has done to revamp the Heat’s roster over the last year, as Jeff Zillgitt of USA Today details. “He’s one of the great visionaries of this Association, and it never ceases to amaze me how he continues to reinvent and think differently,” Spoelstra said of Riley. “That’s what visionaries do. They think way bigger and much differently than we do.”

Heat Acquire Iguodala, Crowder In Three-Team Trade

7:10pm: The trade is now official, according to press releases from the Timberwolves, Heat, and Grizzlies. Minnesota became part of the deal by agreeing to acquire Johnson for Gorgui Dieng, as we outlined in a separate story, making it a three-team trade.

11:16am: The Grizzlies and Heat have agreed to a trade that will send Andre Iguodala, Jae Crowder, and Solomon Hill to Miami in exchange for Justise Winslow, Dion Waiters, and James Johnson, reports ESPN’s Adrian Wojnarowski (via Twitter). No draft picks will be included in the deal.

Shams Charania of The Athletic (all Twitter links) first reported that Crowder, Hill, and Waiters would be involved in the trade, which broke last night.

There’s still time for the agreement to be expanded to include the Thunder and Danilo Gallinari, but those talks between Oklahoma City and Miami have “fully stalled,” according to Woj (Twitter link).

The Heat were hoping to fold an acquisition of the veteran forward into the trade, perhaps extending his contract in the process. However, Wojnarowski tweets that the Grizzlies and Heat are focusing on officially finalizing a two-team deal for now, with Miami still unable to reach an agreement for Gallinari.

Barry Jackson of The Miami Herald has heard similar rumblings, tweeting that Crowder and Hill could be re-routed to Oklahoma City if the deal is expanded to include Gallinari, but for now Hill is under the impression he’ll end up in Miami, along with Crowder.

Even if the Heat can’t land Gallinari, they’ll add three veterans capable of playing rotation roles in Iguodala, Crowder, and Hill. Although Iguodala hasn’t appeared in a game at all since being traded from Golden State to Memphis in July, he played key minutes on the Warriors’ championship teams in recent years and will be well-rested for the stretch run.

As we detailed in a previous story, Iguodala and the Heat have reached an agreement on a two-year, $30MM contract extension as part of the trade. The second season of Iguodala’s extension will reportedly be a team option, allowing Miami to retain its financial flexibility to participate in a loaded free agent class in 2021. The Heat are expected to guarantee the second season of Iguodala’s deal for if they miss out on their top free agent targets in ’21, per Wojnarowski (Twitter link).

Crowder and Hill, meanwhile, have helped the Grizzlies exceed expectations and compete for a playoff spot this season. Crowder has started 45 games, averaging 9.9 PPG and 6.2 RPG and playing strong perimeter defense, while Hill has averaged 5.7 PPG with a .381 3PT% in 48 games (18.8 MPG).

The trade will also help the Heat out financially, since they’re sending out more money than they’re taking back. ESPN’s Bobby Marks tweets that Miami is now $3.4MM below its hard cap and reduced its projected tax bill by nearly $3.7MM. That could allow the Heat to be a player in the buyout market, though the team still has a full 15-man roster.

The franchise also cleared a significant amount of salary for 2020/21 in the deal, though Iguodala’s extension cuts into that newfound flexibility a little.

As for the Grizzlies, they’ll take on three pricey multiyear contracts in exchange for their three expiring deals. Having also extended Dillon Brooks on Wednesday, Memphis has gone from having $50MM in projected cap room to likely being over the cap this summer, tweets Jeff Siegel of Early Bird Rights.

Winslow is the prize of the deal for Memphis. The former lottery pick is under contract for $13MM annually through 2021/22, with a team option on the final year. Winslow has flashed tantalizing upside as a ball-handler and defender, but injuries have limited him to just 11 games this season. He’s currently sidelined with a lower back bone bruise.

Johnson and Waiters are on oversized contracts — Johnson is earning $15.35MM this season with a $16.05MM player option for 2020/21, while Waiters is owed $12.1MM this season and $12.65MM next year. Memphis’ willingness to take on those deals signals that the team is willing to roll over its cap room to 2021.

Both Johnson and Waiters have spent much of the season in the doghouse in Miami, but Johnson has at least appeared in 18 games, averaging 5.7 PPG and 2.9 RPG on .448/.356/.571 shooting in 15.6 minutes per contest.

Photos courtesy of USA Today Sports Images.

Trade Deadline Notes: Bucks, Raptors, C’s, Heat, Thunder, More

The 2:00pm CT trade deadline has now passed, but word of last-minute deals can sometimes trickle in after the buzzer. That won’t be the case for the Raptors and Bucks though, according to ESPN’s Zach Lowe, who reports (via Twitter) that the Eastern Conference’s top two teams didn’t make a move today.

Here are more deadline updates:

  • It was a fairly quiet deadline for many of the top Eastern teams. The Celtics didn’t make a trade either, per Adam Himmelsbach of The Boston Globe (Twitter link). And the Pacers also stood pat, tweets ESPN’s Adrian Wojnarowski.
  • The Heat were active earlier in the day, finalizing a trade to acquire Andre Iguodala. However, the team didn’t expand that deal to include Thunder forward Danilo Gallinari, Barry Jackson of The Miami Herald confirms (via Twitter). As Anthony Chiang of The Miami Herald explains (via Twitter), the Heat’s extension talks with Gallinari were more of a hang-up than the trade talks with the Thunder, given Miami’s desire to keep its cap clear for 2021.
  • The Thunder, having held onto Gallinari, didn’t make any deadline deals, tweets Wojnarowski.
  • The Jazz stood pat today as well, tweets Andy Larsen of The Salt Lake Tribune. So did the Spurs, says Chris Haynes of Yahoo Sports (via Twitter).

Heat Aim To Extend Danilo Gallinari As Part Of Trade

Having already agreed to a contract extension with Andre Iguodala as part of the trade that will send him from the Grizzlies to the Heat, Miami is looking to do the same with Danilo Gallinari, who is expected to be acquired from the Thunder in a three-team trade, reports ESPN’s Adrian Wojnarowski (via Twitter). According to Wojnarowski, the Heat and Gallinari’s reps were working overnight on a possible extension.

As we detailed late on Wednesday night, the exact terms of the trade that will send Iguodala and Gallinari to Miami remain unclear. We know the Grizzlies are acquiring Justise Winslow, but no other pieces have been confirmed. The belief is that Jae Crowder and Solomon Hill would be involved, likely heading to Oklahoma City. James Johnson and Dion Waiters are among the other rumored outgoing pieces for Miami and would presumably both end up in Memphis. Draft compensation would also be involved.

Assuming the three teams reach a trade agreement, Gallinari would be eligible to sign a new contract with the Heat that extends his current deal by two additional years, with 5% annual raises. Typically, veteran extension rules are less restrictive, but extend-and-trade rules limit new deals to three total years (including the current season) and modest raises.

Based on his current $22.62MM salary, Gallinari could receive as much as $23.75MM for 2020/21 and $24.88MM in 2021/22. However, as Woj notes, the Heat’s desire to preserve cap room for the 2021 offseason may complicate matters. Miami’s extension with Iguodala features a non-guaranteed team option for that ’21/22 season, allowing the team to maintain flexibility. It’s not clear if Gallinari would be on board with a similar arrangement.

As cap expert Albert Nahmad details (via Twitter), the Heat currently project to have more than $50MM+ in cap room for 2021, assuming Iguodala’s option is turned down. A pricey guaranteed salary for Gallinari would compromise the club’s ability to create a maximum-salary slot unless contracts are stretched.

It will be interesting to see how creative Miami gets — Nahmad points out (via Twitter) that using a descending salary structure or making that 2021/22 partially guaranteed could help the team stay somewhat flexible.

Latest On The Andre Iguodala Trade

Negotiations are continuing in an effort to make the deal sending Andre Iguodala to Miami a three-way trade that would also enable the Heat to acquire Thunder forward Danilo Gallinari, tweets ESPN’s Adrian Wojnarowski.

One way the Heat could facilitate trade talks is to remove protections on a lottery-protected 2023 first-round draft pick they owe to Oklahoma City, sources tell Wojnarowski (Twitter link). That would free up Miami to unconditionally trade its 2025 first-rounder, explains Anthony Chiang of The Miami Herald (Twitter link).

Because of hard-cap restrictions, Miami will need to send out at least $39.8MM in salary to fit Iguodala ($17.2MM) and Gallinari ($22.6MM) on its roster, according to Barry Jackson of The Miami Herald (Twitter link). He notes that Justise Winslow, who is already believed to be part of the deal, Dion Waiters and James Johnson add up to $40.4MM.

Johnson’s representatives tell Jackson that they are expecting their client to be included in the transaction, but several other teams have expressed interest as well (Twitter link). Jackson identifies the Bucks, Rockets and Timberwolves as teams that have inquired about the veteran forward.

Meanwhile, the Grizzlies held Jae Crowder and Solomon Hill out of Wednesday’s game in Dallas, and Dillon Brooks spoke after the game as if they were being traded, though that hasn’t been confirmed (video link via ESPN’s Tim MacMahon). Moving Crowder and Hill along with Iguodala would allow Memphis to take back up to $47MM+ in salary, if necessary.

In an interview with Marc J. Spears of the Undefeated, Iguodala said he plans to join the Heat and take his physical in Sacramento on Friday. He’s excited to be coming to Miami, but after not playing since June he isn’t sure when he’ll be ready to be activated (Twitter link).

Jimmy Butler is very well respected in terms of passion and hard work he brings to the game,” Iguodala said. “His temperament and values he has really resonates with the Heat. They’re very well aligned. He’s brought out the most in those young guys. Those are some of the guys I’m really excited about. I feel I can make the most impact with those guys. I’m a big fan of Bam [Adebayo]. … Really looking forward to playing with him. … Been hearing about him last couple of years. Help him get better. Really excited about that opportunity.”

Andre Iguodala Headed To Miami, Will Receive Contract Extension

The Grizzlies have reached an agreement to send Andre Iguodala to the Heat, who will give him a two-year, $30MM contract extension, tweets ESPN’s Adrian Wojnarowski. Justise Winslow will be part of the package headed to Memphis in return, Woj adds (Twitter link).

The second season of Iguodala’s extension will be a team option, according to Shams Charania of The Athletic (Twitter link). That will allow the Heat to retain their financial flexibility to participate in a loaded free agent class in 2021. Sources tell Wojnarowski that Miami will guarantee the second season of Iguodala’s deal for $15MM if the team misses out on its top free agent targets (Twitter link).

The trade takes a player off the board who was coveted by contenders around the league for his defensive toughness and playoff experience. Iguodala was widely expected to return to Golden State next season as a free agent, but the extension removes any chance of that.

Bobby Marks of ESPN notes that Miami is limited to two years on the extension along with 5% raises on top of his current salary because of extend-and-trade restrictions. (Twitter link). Normally teams can offer extensions up to four years with 8% raises.

Heat president Pat Riley is making an effort to acquire Oklahoma City’s Danilo Gallinari as well as Iguodala, according to Wojnarowski (Twitter link).

Gallinari was expected to have a short stay with the Thunder after he was acquired in July as part of the trade that sent Paul George to the Clippers. However, OKC has emerged as a strong playoff contender with Gallinari contributing 19.2 points and 5.7 rebounds per night. The 31-year-old has a $22.6MM expiring contract.

Lowe’s Latest: Redick, Bertans, Collins, Drummond, OKC, More

A number of players who have been mentioned as trade candidates this season may not be moved – or may not be available at all – at Thursday’s deadline, ESPN’s Zach Lowe writes in an article jam-packed with trade-related rumors and speculation.

For instance, teams who have called the Pelicans asking about J.J. Redick have been “shooed away,” sources tell Lowe. The Wizards have taken a similar approach to clubs inquiring on Davis Bertans, though Lowe notes that could change if Washington is offered something concrete that moves the needle more than a future first-round pick.

As Shams Charania of The Athletic reported last week, teams have been monitoring John Collins in case the Hawks think about trading him, but there’s no indication Atlanta has interest in moving Collins “on any of the general terms being bandied about,” Lowe writes.

The Pistons‘ talks involving Andre Drummond aren’t entirely dormant, but it’s “far from a sure thing” that he’ll be moved, according to Lowe, who suggests that even if Detroit does make a deal, the return will likely be less than the team envisioned.

Meanwhile, the Thunder have been mentioned all season long as a potential seller, given their offseason moves and their veteran trade candidates. But the safest bet is that they stand pat with guys like Danilo Gallinari, Dennis Schroder, and Steven Adams, per Lowe.

As Lowe points out, the Thunder could still have leverage to make deals after the season, when Schroder and Adams will be entering contract years and Gallinari will be a prime sign-and-trade candidate. The Heat are among the teams to inquire on Gallinari this season, sources tell Lowe.

As noted above, Lowe’s latest ESPN piece is filled with many more trade rumors and notes. Here are several of the highlights:

  • Lowe confirms a previous report that the Nuggets and Heat are among the teams to express interest in Jrue Holiday. Lowe also names the Raptors as a club that would be an ideal fit for the Pelicans guard, but he has a hard time envisioning a deal involving any of those teams unless they’re willing to part with young players like Michael Porter Jr., Tyler Herro, or OG Anunoby, which seems unlikely.
  • The Pacers could probably net a first-round pick for backup guard Aaron Holiday, but haven’t shown any real interest in moving him, says Lowe.
  • The chatter about the Trail Blazers making a major win-now move has died down, sources tell Lowe.
  • According to Lowe, the Lakers have explored the Kyle Kuzma market and are eyeing several ball-handlers, including Kings swingman Bogdan Bogdanovic, who has also received interest from the Hornets.
  • The Sixers don’t intend to include Matisse Thybulle in any deal and seem most likely to “tinker” around the edges of their roster, per Lowe.
  • The Grizzlies have asked for a first-round pick from teams inquiring on Jae Crowder, according to Lowe. However, he’d “bet heavily” against any potential trade partner meeting that price.
  • Lowe provides updates on both Morris brothers, suggesting that the Knicks “seem hell-bent” on keeping and re-signing Marcus Morris, and citing sources who say the Pistons could probably get a second-round pick for Markieff Morris.
  • A lot of teams have asked the Bucks about Sterling Brown, while Pistons youngsters Christian Wood and Sviatoslav Mykhailiuk have also generated interest, according to Lowe, who thinks that Detroit is more likely to engage in talks on Wood than Mykhailiuk. Lowe also hears that a few clubs have “poked around” on Kings big man Harry Giles, and identifies Denzel Valentine (Bulls), Jakob Poeltl (Spurs), Marvin Williams (Hornets), and Malik Monk (Hornets) as other under-the-radar trade candidates to watch.

O’Connor’s Latest: Gallinari, Mavs, Sixers, Drummond, More

Multiple playoff teams have expressed interest in Danilo Gallinari, according to Kevin O’Connor of The Ringer, who hears from league sources that the Mavericks and Sixers are two clubs who have made inquiries on the Thunder forward.

Gallinari entered the season looking like one of the NBA’s most obvious trade candidates, but the Thunder’s strong play has complicated the equation. It’s unclear how eager Oklahoma City will be to move one of its key contributors now that the team appears headed for a spot in the postseason.

As O’Connor points out, a lack of projected league-wide cap room this summer means the team with Gallinari on its roster to finish the season will likely have a significant leg up to sign him, thanks to his Bird rights. It remains to be seen if a team like Dallas or Philadelphia has the assets necessary to pry Gallinari out of OKC, but if a club makes a deal for him, the plan would presumably be to re-sign him in the offseason.

O’Connor’s article is ostensibly focused on the Mavericks’ need to add a third impact player to complement Luka Doncic and Kristaps Porzingis, but it includes a handful of noteworthy tidbits, not all of which are Mavs-related. Let’s round up a few other highlights…

  • As a report last week confirmed, the Hawks and Pistons had been discussing a trade that would have sent Andre Drummond to Atlanta for a package headlined by Chandler Parsons‘ expiring contract and the Nets’ lottery-protected 2020 first-round pick. Multiple league sources tell O’Connor that the Hawks ended up being unwilling to include that first-rounder due to concerns about how high Drummond’s contract demands are.
  • The Mavericks have made offers to the Timberwolves for Robert Covington, but have been turned down, according to O’Connor. While O’Connor doesn’t have the specific details on Dallas’ offers, I imagine they’d start with Courtney Lee‘s expiring contract and the Warriors’ 2020 second-round pick. The Mavs’ first-rounders are tied up for trade purposes until at at least 2025.
  • Despite denials that they plan to pursue him, league sources continue to view the Mavericks as a potential landing spot for Grizzlies forward Andre Iguodala, writes O’Connor. Dallas is one of the few contending teams that is well-positioned to make a trade offer for Iguodala rather than waiting for a possible buyout.