Denzel Valentine Rumors | Hoops Rumors

Cavs, Lakers, Knicks Officially Complete Rajon Rondo Trade

January 3rd, 2022 at 12:08pm CST by Luke Adams

The Cavaliers, Lakers, and Knicks have officially completed the trade sending Rajon Rondo to Cleveland, the teams announced today in a series of press releases. The deal, which was first reported las Thursday and was expanded today to include New York, breaks down as follows:

Cavaliers acquire Rondo (from Lakers).
Knicks acquire Denzel Valentine (from Cavaliers), the draft rights to Wang Zhelin (from Lakers), the draft rights to Brad Newley (from Lakers), and $1.1MM in cash (from Lakers).
Lakers acquire the draft rights to Louis Labeyrie (from Knicks).

It’s a straightforward swap from Cleveland’s perspective — the Cavaliers simply acquired Rondo in exchange for Valentine. Both players are on minimum-salary contracts, but Rondo’s deal is guaranteed (Valentine’s isn’t) and he fills a greater need for a Cavs team that just lost veteran point guard Ricky Rubio for the season due to a torn ACL.

The Knicks waived Wayne Selden in order to make room on the 15-man room roster for Valentine. Both players are on non-guaranteed contracts, so if New York also cuts Valentine, the amount of money the team ended up paying to Selden and Valentine would work out to just over $800K, which is less than the $1.1MM in cash acquired from L.A.

The Knicks could also hang onto Valentine if they so choose, but that’s reportedly considered unlikely. Waiving him would open up the club’s 15th roster spot.

The Lakers, meanwhile, essentially decided to move on from Rondo and pay the Knicks a little money in order to reduce their end-of-season luxury tax bill and open up a roster spot. The exact amount of money Los Angeles saves will depend on how quickly that roster opening is filled, but the savings will exceed the $1.1MM the club sent to the Knicks. Stanley Johnson, who has played well on a 10-day contract, is a good candidate to become the team’s new 15th man.

The Lakers and Cavaliers will both create small traded player exceptions in the deal. L.A.’s will be worth about $1.67MM, while Cleveland’s will be worth approximately $858K.

This is the NBA’s first trade since October 6.

Knicks Waive Wayne Selden

January 3rd, 2022 at 12:04pm CST by Luke Adams

The Knicks have placed veteran shooting guard Wayne Selden on waivers, league sources tell Fred Katz of The Athletic (Twitter link).

The team needed to open up a roster spot in order to complete its acquisition of Denzel Valentine and Selden was the most expendable player on the roster, since his minimum-salary contract isn’t fully guaranteed.

Selden, 27, has appeared in a total of 127 NBA games since making his debut in 2017, but only three of those appearances came this season. He had five points on 1-of-4 shooting in 19 total minutes for the Knicks in 2021/22.

Selden would’ve earned a $1,729,217 salary if he had remained under contract for the entire season. Because he’s being released now, he’ll instead make a prorated minimum of $785,104, which is also the amount that will apply to New York’s team salary. If Selden is claimed on waivers, he’d be back on track to earn his full salary and he’d be removed entirely from the Knicks’ cap, but that’s probably a long shot.

With a newly-opened roster spot, the Knicks are free to officially finalize their three-team trade with the Cavaliers and Lakers to acquire Valentine. Like Selden, Valentine doesn’t have a fully guaranteed salary, so the club will need to decide this week whether or not to keep him around beyond Friday’s salary guarantee deadline. New York is unlikely to hang onto Valentine for the season, tweets Ian Begley of SNY.tv.

Cavs’ Rondo Acquisition Now Three-Team Trade Involving Knicks

January 3rd, 2022 at 10:29am CST by Luke Adams

10:29am: Along with Valentine, the Knicks are acquiring $1.1MM in cash in the deal, according to ESPN’s Adrian Wojnarowski (Twitter links), who says New York will give up the draft rights to Louis Labeyrie and will acquire the draft rights to two other players, though none of them are expected to ever play in the NBA.

While we still need some gaps filled in here, I suspect it’s the Lakers – not the Cavs – sending the cash to New York and acquiring Labeyrie’s rights.

New York will decide soon on whether to waive Valentine or have him remain on the roster, Woj adds. As noted below, the Knicks will have to cut a player – likely Selden – in order to complete the deal.

10:20am: The trade sending Rajon Rondo from the Lakers to the Cavaliers, which hasn’t yet been officially finalized, is being expanded to include a third team, reports Shams Charania of The Athletic (Twitter link). According to Charania, the Cavs will send Denzel Valentine to the Knicks rather than to the Lakers.

With Rondo going from Los Angeles to Cleveland and Valentine headed from Cleveland to New York, the Knicks will presumably need to send something to the Lakers to complete the deal.

The Lakers may also send a small extra asset to New York to incentivize the Knicks to take on Valentine, whom L.A. reportedly intended to waive. If the Lakers don’t have to acquire a player in the three-team swap, their tax savings will be greater than if they’d cut Valentine and been on the hook for his partially guaranteed cap hit.

Meanwhile, if the Knicks aren’t sending a player out in the deal, they’ll have to waive someone in order to acquire Valentine, whether or not they plan to keep him. Wayne Selden, whose salary isn’t fully guaranteed, is New York’s most likely candidate to be cut.

With a number of details still unclear, we’ll await more info for further clarity. But it sounds like the trade could be officially completed as soon as today.

Rondo Trade Notes: Grades, Finances, More Details

December 31st, 2021 at 10:03pm CST by Rory Maher

The Cavaliers are set to acquire Rajon Rondo from the Lakers in exchange for Denzel Valentine, which will mark the first trade of the 2021/22 regular season. Valentine, who’s on a partially guaranteed contract, is expected to be waived by Los Angeles.

According to Adrian Wojnarowski of ESPN (via Twitter), Rondo is enthusiastic about the opportunity to play more minutes with the young Cavs and was happy to learn of the trade after the Lakers informed him that it was a possibility.

Here are some more details on the transaction, which has yet to be officially completed:

In an Insider article for ESPN-plus, Kevin Pelton grades the trade for both teams. He likes the Lakers’ side of things more and isn’t optimistic about Rondo’s performance for the remainder of the regular season.
John Hollinger of The Athletic, however, thinks it’s a deal that makes sense for both the Cavs and the Lakers. Hollinger notes that Cleveland is desperate for another ball-handler after season-ending injuries to Ricky Rubio and Collin Sexton, and with Darius Garland and Cedi Osman still in the health and safety protocols. With Rondo as a short-term solution, the Cavs will buy themselves some time to remain in the playoff hunt, but Hollinger thinks they’ll still be active on the trade market in search for more backcourt help. The Lakers, meanwhile, save approximately $3.1MM in luxury tax payments and free up a roster spot, presumably to sign Stanley Johnson.
Bobby Marks of ESPN provides a video breakdown of his thoughts on the trade. Like Hollinger, Marks thinks the deal is a win-win for both teams, with the Lakers saving money and opening a roster spot, and Rondo providing leadership and high basketball IQ to the Cavs. He views it as a no-risk deal for Cleveland.

Cavaliers To Acquire Rajon Rondo From Lakers

December 31st, 2021 at 11:17am CST by Rory Maher

DECEMBER 31, 11:17am: There are no other assets such as draft picks or cash included in the trade, according to John Hollinger of The Athletic (Twitter link), who says it’s a straight swap: Rondo for Valentine.

Bobby Marks of ESPN (Twitter link) provides some financial details on the deal, noting that each team will generate a small traded player exception.

DECEMBER 31, 10:08am: The Lakers will trade Rondo to the Cavaliers, according to Charania (via Twitter).

Sources tell Wojnarowski that Cleveland will send Denzel Valentine to Los Angeles in the deal. The Lakers are expected to waive Valentine, who has a partially guaranteed contract, Woj adds. That would open up a spot on L.A.’s 15-man roster and could save the team some money, depending on how long that roster spot remains open.

So far, there’s no indication that any other assets are involved in the swap, but it’s not yet official, so more details could trickle in.

DECEMBER 30, 5:30pm: The Cavaliers are in serious discussions with the Lakers to acquire point guard Rajon Rondo, Shams Charania of The Athletic reports (via Twitter). ESPN’s Adrian Wojnarowski tweets that the deal is expected to be completed as soon as Friday.

Cleveland lost Ricky Rubio to a season-ending torn left ACL on Wednesday and is seeking point depth in the veteran Rondo, who’s currently sidelined due to COVID-19 health and safety protocols.

In 18 games this season (16.1 MPG), the 35-year-old Rondo is averaging 3.1 PPG, 2.7 RPG, and 3.7 APG. The four-time All-Star and two-time NBA champion has seen his minutes and games played reduced in recent years, but he’s known for turning things up a notch in the playoffs. Given the Cavs’ lack of guard depth, acquiring Rondo could be a decent move, as Darius Garland has shown he can play well with other strong passers like Rubio.

Kevin Pangos, the only other point guard on Cleveland’s roster, will get his first career start Thursday against the Wizards, per Chris Fedor of Cleveland.com (Twitter link). Garland is currently sidelined in the protocols, leading to a big opportunity for Pangos. He was one of the better players in Europe over the past handful of years, so it will be interesting to monitor how he performs in his first prime-time action.

It’s not yet known what other pieces may be included in a Rondo deal, but a player technically isn’t required in return, since the point guard is on a one-year veteran’s minimum contract, tweets Bobby Marks of ESPN.

Lamar Stevens, Dean Wade and Ed Davis are all on non-guaranteed deals for the Cavaliers, while Denzel Valentine‘s contract is partially guaranteed at $500K (he’s already earned more than that by sticking with the team this long). Of the four players, I believe Valentine or Davis are the most likely to be traded/waived, as Wade and Stevens are both younger players the Cavs have developed over time.

Five More Cavaliers Players Enter Protocols

December 19th, 2021 at 12:28pm CST by Arthur Hill

12:28 PM: The five players who have entered the protocols are Allen, Lamar Stevens, Dylan Windler, Denzel Valentine and RJ Nembhard, the Cavaliers announced (via Twitter). Their game with the Hawks Sunday has been postponed due to the outbreak.

11:24 AM: Tonight’s game between the Cavaliers and Hawks is expected to be postponed, league sources tell Chris Haynes of Yahoo Sports (Twitter link). It would be the third game of the season to be called off, following the Bulls’ games this week against the Pistons and Raptors.

11:21 AM: Center Jarrett Allen is among the five players being placed in the protocols, according to Wojnarowski (Twitter link). Allen has been among the reasons for Cleveland’s turnaround, averaging 16.8 points, 10.8 rebounds and 1.4 blocks in 28 games.

10:30 AM: Five Cavaliers tested positive for COVID-19 today and there are concerns that the team may not have eight available players for tonight’s game in Atlanta, tweets Adrian Wojnarowski of ESPN. Cleveland is already without Evan Mobley and Isaac Okoro, who both entered the protocols this week.

Most players who would be eligible to join the team under the hardship provision are currently in Las Vegas for the G League Showcase, explains Bobby Marks of ESPN (Twitter link). Travel issues would make it difficult for any of them to be in Atlanta by game time.

The Cleveland players haven’t been identified yet, but because they tested positive, they will have to spend 10 days in the protocols unless they can submit two consecutive negative tests for the virus at least 24 hours apart. The Cavaliers, one of the season’s early surprises with a 19-12 record, are scheduled to play four times in the next 10 days, including tonight’s game.

Follow all the latest COVID-19 updates in our daily tracker.

Central Notes: Cavs’ Rotation, Pacers’ TPE, Vaulet, Cunningham

October 6th, 2021 at 6:17pm CST by Dana Gauruder

Cavaliers coach J.B. Bickerstaff is planning on a 10-man rotation but the last two spots could change from game-to-game, Chris Fedor of the Cleveland Plain Dealer speculates.

“We’re working our way to what will be probably a 10-man rotation and then there’s different nights that are going to call for different things and we will go to those different guys,” Bickerstaff said.

By process of elimination, Denzel Valentine, Kevin Pangos, Cedi Osman, Dylan Windler, Dean Wade, Lamar Stevens and Mfiondu Kabengele are the players vying for those rotation minutes and each brings a different skill set to the table.

We have more on the Central Division:

The Pacers picked up a $7.33MM traded player exception from the Spurs in the Doug McDermott sign-and-trade but it’s highly unlikely they’ll use it this season, according to John Hollinger of The Athletic. They were just $763,905 below the luxury tax line before dumping Edmond Sumner‘s contract on Wednesday, which moved them $2.8MM under the tax line. That’s still not nearly enough incentive to use the exception, since the franchise has no desire to be a taxpayer.
The Pacers received the rights to Juan Pablo Vaulet in the Sumner trade with Brooklyn but he won’t be playing in the NBA this season, Nat Newell of the Indianapolis Star notes. He signed a two-year contract with AEK Athens in July. The 6’6” Vaulet was originally drafted by Charlotte in 2015.
Top pick Cade Cunningham sat out the Pistons‘ preseason opener against San Antonio on Wednesday, Rod Beard of The Detroit News tweets. Cunningham is recovering from a mild ankle sprain.

Cavaliers Notes: Garland, Sexton, Love, Valentine, Mobley

September 29th, 2021 at 6:59pm CST by Arthur Hill

The Cavaliers want Darius Garland to become more of a team leader as he enters his third NBA season, writes Kelsey Russo of The Athletic. Garland has emerged as a dynamic offensive player and appears to be part of the foundation for the rebuilding Cavs. He earned an invitation to the Select Team that scrimmaged the U.S. Olympic squad over the summer and appeared in exhibition games with Team USA.

Cleveland needs to find new leadership after parting with veterans Larry Nance Jr. and Matthew Dellavedova during the offseason. It’s a role that Garland is eager to take on.

“That’s my whole goal this year,” he said. “And then just try to make it as easy as I can for some of the young guys that we have, even though I’m still a young guy. But I’m going to my third year, so I’ve seen a lot, played a lot of games. Just try to do some of the little things that make everybody successful.”

There’s more from Cleveland:

Collin Sexton was reportedly on the trade market this summer, but the Cavaliers weren’t able to find the type of return they wanted, Russo states in the same piece. Sexton will be eligible for a rookie scale extension through October 18, and although general manager Koby Altman refused to talk about negotiations, he said the team hopes to be able to work something out. “We want him here long-term,” Altman said. “And he wants to be here long-term. We’re certainly working with his representation to see that through. But this is someone that’s been with us since the start of this thing, in terms of where we’ve been the last three years. And we love him; we want him here long-term. We’ll deal with that sort of behind closed doors. But the feelings are mutual in terms of something long-term.”
Kevin Love hasn’t talked to Altman or coach J.B. Bickerstaff about his role, but he’s expected to play fewer minutes per game, Russo adds. The team’s top priority for Love will be to keep him away from injuries after he missed 47 games last season.
Denzel Valentine is eager for a new challenge after spending the past five years in Chicago, Russo tweets. The 27-year-old guard signed a two-year deal with the Cavs last week. “I believe in myself. I believe in my abilities,” he said. “It’s been up and down, but I feel like the best basketball is ahead of me. I’m finally getting healthy, finally coming into my own, getting my routines down and I think it’s only up from here.”
The Cavaliers plan to be patient with rookie big man Evan Mobley, tweets Chris Fedor of Cleveland.com. “We will be cautious of too much, too soon, but I think his game is going to dictate what too much is,” Bickerstaff said. “We don’t want to put the weight of the world on his shoulders. We’re building this team and then talent always rises to the top.”

Cavs Rumors: Sexton, Love, Vaccinations, Windler, Valentine

September 27th, 2021 at 6:22pm CST by Luke Adams

Cavaliers guard Collin Sexton was the subject of some trade rumors earlier in the offseason, but he remains in Cleveland and general manager Koby Altman said today that he wants Sexton to stay with the team for years to come, according to Chris Fedor of Cleveland.com.

“We want him here long term. He wants to be here long term. We’re working with his representation to see that through, but this is someone that has been with us since the start of this thing and we love him,” Altman told reporters. “We will deal with that behind closed doors. The feelings are mutual in terms of something long term.”

Sexton is eligible for a rookie scale extension up until October 18, the day before the regular season begins. While Altman didn’t go into much detail about those negotiations, Fedor suggests that De’Aaron Fox, Donovan Mitchell, and Jaylen Brown have been brought up in those talks as possible financial comparables. Fox and Mitchell signed maximum-salary deals, while Brown received slightly below the max.

If the Cavs and Sexton don’t reach an extension agreement in the coming weeks, neither Altman nor head coach J.B. Bickerstaff expects the fourth-year guard’s contract situation to affect his performance on the court this season, for better or worse.

“I don’t think (the contract) will ever affect Collin’s internal drive,” Altman said, per Fedor. “I don’t think contract or anything else will ever affect that. He just innately loves this game and wants to get better.”

Here’s more on the Cavs:

According to Fedor (Twitter link), Kevin Love told reporters on Monday that there were never conversations this offseason about him accepting a buyout, and he has yet to have a conversation with Bickerstaff about his role for the upcoming season.
Altman said his expectation is that everyone on the roster will be vaccinated against COVID-19 within the next few weeks (Twitter link via Fedor).
Multiple sources tell Fedor that Dylan Windler‘s left knee is “feeling good” following April surgery, and the third-year wing is expected to be available for training camp. As one of the team’s better shooters, Windler could be in line for a regular role this season, but he’ll have stay healthy, writes Fedor.
Denzel Valentine‘s two-year, minimum-salary deal with Cleveland has a $500K partial guarantee in 2021/22, tweets Keith Smith of Spotrac. Valentine’s second-year salary is fully non-guaranteed.

Cavaliers Sign Denzel Valentine To Two-Year Deal

September 22nd, 2021 at 12:50pm CST by Dana Gauruder

SEPTEMBER 22: The Cavaliers have officially signed Valentine, according to NBA.com’s transactions log. As previously relayed, the contract is reportedly partially guaranteed in year one and non-guaranteed in year two.

SEPTEMBER 10: The Cavaliers are signing swingman Denzel Valentine to a two-year contract, Chris Fedor of the Cleveland Plain Dealer tweets.

Valentine’s interest in Cleveland had previously been reported.

Valentine, 27, spent the first five years of his NBA career in Chicago. He had a promising 2017/18 season (10.2 PPG, 5.1 RPG, 3.2 APG, .386 3PT%), but missed all of the ’18/19 campaign due to an ankle injury and has provided inconsistent production since that point.

The news that Cleveland is bringing in Valentine coincides with the team deciding to waive Damyean Dotson. Valentine will compete for minutes at the shooting guard and small forward spots.