Gordon Hayward

Hornets, Celtics Still Exploring Sign-And-Trade Structure For Hayward Deal

NOVEMBER 25: The Celtics and Hornets have continued to work on ways to turn the Hayward deal into a sign-and-trade, with Charlotte trying to find a team that might be able to take on Batum’s $27MM expiring deal so that he doesn’t have to be waived-and-stretched, tweets Adrian Wojnarowski of ESPN.

It sounds as if the Celtics don’t have any interest in taking on Batum or another player from the Hornets, preferring to generate a significant trade exception for signing-and-trade Hayward. The Thunder and Knicks may be the two teams best positioned to accommodate a salary dump, but there would be cap-related challenges in both cases.


NOVEMBER 21: The Celtics and Hornets are still discussing the possibility of turning Charlotte’s signing of Gordon Hayward into a sign-and-trade, according to Adam Himmelsbach of The Boston Globe (Twitter link).

Hayward reached an agreement earlier today to join the Hornets on a four-year, $120MM contract. Charlotte doesn’t have the cap room necessary to fit Hayward’s first-year salary in without making a corresponding roster move, so the team is reportedly planning to waive and stretch the final year of Nicolas Batum‘s contract, creating an extra $18MM in space.

Whether or not the Hornets intend to move forward with their plan to use the stretch provision on Batum, it makes sense to explore the possibility of a sign-and-trade.

Sending out enough salary to altogether avoid having to waive Batum would create future cap savings for Charlotte, though it’s not clear if acquiring a player like Terry Rozier or Cody Zeller would be of any interest to the Celtics after they reportedly reached deals with Jeff Teague and Tristan Thompson tonight.

Even if the Celtics don’t get anything of substance back from Charlotte in exchange for Hayward, the ability to create a massive traded player exception worth the forward’s outgoing salary should appeal to president of basketball operations Danny Ainge, as that exception could come in handy at some point over the next year. Boston may be willing to send the Hornets a small asset – such as a future second-round pick or cash – in order to create a sizeable TPE.

If the two sides don’t reach an agreement, Charlotte can simply move forward with its initial plan to waive and stretch Batum.

Stein’s Latest: Williams, Clippers, Giannis, Bucks, Knicks

After adding Serge Ibaka and Luke Kennard to their roster while losing Montrezl Harrell, JaMychal Green, and Landry Shamet, the Clippers may not be done, according to Marc Stein of The New York Times. A number of rival teams expect L.A. to trade away Lou Williams at some point, Stein says.

Although Williams is now 34 years old, he’s on a team-friendly expiring $8MM contract and remains a very talented scorer, having averaged 18.2 PPG off the bench in 2019/20, so he’d certainly draw interest if the Clippers put him on the trade block.

Interestingly, Stein notes that the Clippers made it a top priority this offseason to make “dramatic chemistry changes.” There were reports last season of tension in the locker room based on what some incumbent players viewed as preferential treatment for new Clippers stars Paul George and Kawhi Leonard. While he doesn’t specify whether it was related to those issues, Stein says that team officials “quietly decided (Harrell) had to go.” The Sixth Man of the Year ended up with the rival Lakers.

Here’s more from Stein’s latest newsletter:

  • For weeks leading up to the offseason, there had been “promising rumblings” about the Bucks‘ ability to sign Giannis Antetokounmpo to a super-max extension this fall, according to Stein. As Stein explains, there was an increasing belief that Antetokounmpo would opt for long-term financial security and reserve the right to ask for a trade down the road if he becomes dissatisfied with the situation in Milwaukee. The Bucks are now in wait-and-see mode, with Giannis expected to soon arrive back in the U.S. from Greece.
  • People around the NBA are wondering if the Bucks gave up too much to acquire Jrue Holiday, having surrendered three first-round picks and two pick swaps for the standout guard, writes Stein. However, he contends that if Holiday and Antetokounmpo end up sticking around beyond 2021, Milwaukee’s “all-in approach will be redeemed.”
  • After initially offering Gordon Hayward a two-year deal in free agency, the Knicks increased their offer to four years and remained in the chase for the veteran forward “throughout the process,” according to Stein, who notes that head coach Tom Thibodeau is an “admirer” of Hayward. Ultimately though, Charlotte’s four-year, $120MM was at a level that neither New York nor any other suitor was willing to match.

Southeast Notes: Hayward, Bryant, Wall, Heat

The Hornets made one of the biggest and most controversial splashes in free agency, signing injury-prone forward Gordon Hayward to a four-year, $120MM contract. Due to injuries and the development of his Boston teammates, Hayward was never able to return to his All-Star form while with the Celtics.

Although the Hornets’ $120MM commitment to Hayward is widely viewed as an overpay, it didn’t come out of left field. In today’s edition of The Lowe Post podcast, Zach Lowe of ESPN suggests that the Hornets’ offer to Hayward was not significantly higher than that of some competing clubs hoping for his services in free agency.

“You want to clown the contract?” Lowe said (per RealGM). “That’s fine. Just know it’s not like the Pacers and the Celtics were offering $80MM. They weren’t offering $120MM. But my best intel is something like $105MM, $108MM, $102MM, $110MM.”

Rick Bonnell of the Charlotte Observer examines Hayward’s fit with the Hornets, conceding that the deal is probably an overpay. However, he also contends that Hayward can supply veteran leadership to the Hornets’ young core while being by far their best player, if healthy. Hayward will be leaned on to supply multifaceted scoring and is an expert play-maker. He also will be able to convincingly slot into the lineup at small forward, power forward, and even shooting guard.

There’s more out of the Southeast Division:
  • Wizards general manager Tommy Sheppard said today that the team informed every center it spoke to in free agency that Thomas Bryant would remain the Wizards’ starter, according to Quinton Mayo of NBC Sports Washington (Twitter link). “Certainly probably rubbed some guys the wrong way who thought they could come in here and start,” Sheppard said. The club ultimately signed Robin Lopez to back up Bryant.
  • Beyond the churning NBA rumor mill, Wizards point guard John Wall has remained active during the offseason. Wall will purchase an ownership stake in the Australian NBL club the South East Melbourne Phoenix, Marc Stein of the New York Times tweets. Los Angeles entrepreneur Romie Chaudhari heads the ownership group for the Phoenix, which also includes and Cavaliers reserve guard Dante Exum, plus retired big men Zach Randolph and Al Harrington and retired swingman Josh Childress.
  • Point guard Goran Dragic and backup center Meyers Leonard are excited to return to the Heat, according to Joe Beguiristain of Heat.com. Miami prioritized re-signing both players to lucrative two-year contracts with team options for the second year. “When free agency hit, we pretty much made our quick deal,” Dragic commented. “First of all, it felt like there was unfinished business for our team and for me because, obviously, going through the ankle injury was not easy, and I feel like I could have helped in many different ways,” Leonard said.

Eastern Notes: Giannis, Hayward, Raptors, Bulls, Wizards

It has been a frenzied week of NBA roster moves since the league lifted its months-long moratorium last Monday, but there have been no updates on perhaps the biggest storyline of the offseason, writes Brian Windhorst of ESPN. As Windhorst points out, the league is still waiting to see whether or not reigning MVP Giannis Antetokounmpo will agree to a five-year, super-max extension with the Bucks.

League sources tell Windhorst that the Bucks – in recent weeks – have moved from “cautiously optimistic to cautiously confident” that Antetokounmpo will make a long-term commitment to the club when he returns from Greece. However, moves made by other teams across the league this week suggest that not everyone on the outside views it as a lock.

Clubs that have long been cited as likely free agent suitors for Giannis if he reaches the open market in 2021 went to great lengths this week to preserve their cap room for next summer. The Heat, Mavericks, and Raptors were among the teams that made an effort to keep money off their books for next season — in some cases, it may have even cost them key free agents.

Here’s more from around the East:

  • While a panel of analysts at The Athletic agree that the Hornets‘ four-year, $120MM deal for Gordon Hayward is an overpay, sources tell Sam Amick of The Athletic that the forward did have another four-year offer in the $100MM range. It’s not clear whether it was the Pacers or another team that made that offer.
  • In negotiations with Serge Ibaka and Marc Gasol, it was clear the Raptors prioritized their future cap flexibility over keeping the free agent centers in Toronto for 2020/21, according to Josh Lewenberg of TSN.ca, who says the team knew it might have to take a step backward in the short term in order to achieve their ambitions in the long term.
  • While losing two more key pieces from their 2019 championship roster will be a tough pill to swallow for the Raptors, Michael Grange of Sportsnet.ca warns not to assume the club will take a big step backward in 2020/21.
  • The Bulls entered the offseason needing to fortify their wing rotation, which is why they agreed to sign Garrett Temple and bring back Denzel Valentine, according to Darnell Mayberry of The Athletic. Temple is a good teammate and a versatile veteran who can play multiple positions, while the Bulls like Valentine’s ability to shoot, pass, and rebound, Mayberry writes.
  • Jerry Brewer of The Washington Post makes a case that the Wizards need to reboot their roster by trading both John Wall and Bradley Beal.

Atlantic Notes: Rose, Hayward, Brown, Spellman

New Knicks president Leon Rose has exuded patience during free agency with an eye toward next offseason’s potentially star-studded free agent class, according to Steve Popper of Newsday. Though the Knicks had some interest in Fred VanVleet and Gordon Hayward, they were not going to shell out the money and multi-year contracts that those top-level free agents received. New York could still trade for Russell Westbrook if the Rockets’ asking price drops but Rose isn’t inclined to make any panic moves, Popper adds.

We have more from the Atlantic Division:

  • Hayward posted a message on Twitter, thanking Celtics fans for their support during his three seasons there.I know there were some ups and downs, but I will always cherish my experience in Boston. I am forever grateful that I was given the opportunity to wear a Celtics uniform and play in front of the Garden faithful,” said Hayward, who also posted a tweet about his excitement to play for the Hornets.
  • The Nets are looking at Bruce Brown as a defensive stopper, Brian Lewis of the New York Post writes. Brown was acquired from the Pistons in a three-team deal and slots in as a combo guard. “Bruce, we’ve talked about adding some defensive players,” Nets GM Sean Marks said. “A toughness, a mindset, that’s what we’ll certainly be looking for in Bruce.”
  • The Knicks will retain big man Omari Spellman and he’s got a pretty good shot to make the opening-night roster, Marc Berman of the New York Post tweets. New York has an agreement to acquire Spellman, shooting guard Jacob Evans and the rights to a future second-round pick from the Timberwolves in exchange for Ed Davis. Berman’s note indicates Spellman’s salary wasn’t simply thrown in to make a trade work.

Eastern Rumors: Millsap, Celtics, Hayward, Crowder

The Celtics are showing “strong interest” in signing veteran big man Paul Millsap, league sources tell Jared Weiss of The Athletic (Twitter link). Adam Himmelsbach of The Boston Globe (Twitter link) hears from his own source that Boston is currently at the top of Millsap’s list as he weighs his options. A decision is expected later today, Himmelsbach adds.

While the Celtics aren’t expected to create any cap room as a result of Gordon Hayward‘s departure, the team now has some added cap flexibility to make sign-and-trade and/or use its full mid-level exception, opening up a few options in free agency.

Here are a few more notes from around the East:

  • Speaking of Hayward, Hornets owner Michael Jordan called the veteran forward late last night in an effort to close the deal for Charlotte, according to ESPN’s Zach Lowe (Twitter link). Jordan’s pitch must have been effective, though the $120MM the Hornets will apparently pay Hayward over the next four years probably didn’t hurt either.
  • The Heat offered Jae Crowder a two-year deal that would have paid him $14MM in 2020/21, according to Barry Jackson of The Miami Herald (Twitter link). However, Miami wasn’t willing to guarantee any money beyond the first year, so Crowder opted for the Suns’ three-year, $30MM offer, which will pay him less in year one but is worth significantly more overall.
  • In a column for The Athletic, David Aldridge contends that Wizards owner Ted Leonsis must decide if the franchise wants to build around John Wall and Bradley Beal and then trade the odd man out. While Aldridge’s argument makes some sense, it seems obvious that Beal would be the team’s choice and that trading Wall won’t exactly be easy.

Hornets, Gordon Hayward Agree To Four-Year Deal

The Hornets are signing Gordon Hayward, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that the forward’s new deal will be worth $120MM over four years. It’s fully guaranteed, tweets David Aldridge of The Athletic.

Hayward turned down a $34.2MM player option with the Celtics earlier in the week, which was a signal that he and agent Mark Bartelstein were confident that one or more lucrative multiyear offers would be waiting for him on the open market.

The Hawks and Knicks were said to have interest in Hayward, but Atlanta quickly moved onto other targets – including Danilo Gallinari – and New York wasn’t comfortable with either the years or the money that Hayward ultimately received from Charlotte, per Steve Popper of Newsday (Twitter link).

Hayward was said to prefer joining his hometown Pacers, and Boston and Indiana attempted to work out a sign-and-trade deal within the last couple days. However, the Pacers’ cap situation complicated matters, as Bobby Marks of ESPN notes (via Twitter), and it was always going to be a challenge for the C’s and Pacers to agree on fair compensation.

Just a half-hour before word of Hayward’s agreement with the Hornets broke, Scott Agness of Fieldhouse Files said (via Twitter) that there had been no progress in those sign-and-trade talks.

So Hayward will be headed to the Hornets, who will have to either open up some extra cap room in order to clear the space necessary to complete the signing. They’ll reportedly do so by using the stretch provision on Nicolas Batum.

Although the Hornets were cited on Friday as a potential suitor for Hayward, the deal still comes as a major surprise, especially since president of basketball operations Mitch Kupchak had talked for the better part of the year about Charlotte not planning to make a splash in free agency. Apparently, the team decided to change course on that plan when Hayward became available.

Hayward, 30, still didn’t quite look like his old All-Star self in 2019/20. However, he was a lot closer to that level last season than he was during his first two years in Boston. In 52 games, he averaged 17.5 PPG, 6.7 RPG, and 4.1 APG on .500/.383/.855 shooting.

Hayward’s deal with the Hornets represents a full-circle moment, as the first free agent contract he signed in the NBA, back in 2014, was an offer sheet with Charlotte. The Jazz, of course, matched that offer and the former Butler standout spent the next six years in Utah and Boston, but now he’s finally joining the Hornets.

Photo courtesy of USA Today Sports Images.

Hayward Still Prefers Pacers, Knicks Remain In Hunt

Free agent forward Gordon Hayward prefers to land with the Pacers, but the Knicks have continued to express interest in his services as free agency progresses, according to Marc Stein of the New York Times (Twitter links).

New York has so far offered lower figures than Indiana, who shares a mutual interest with Hayward, according to Stein. However, ESPN’s Adrian Wojnarowski (hat-tip Keith Smith of Yahoo Sports) relayed that the Knicks are actually willing to offer more money — just fewer years on a deal.

In order for Hayward to receive an estimated four-year, $100MM deal from Indiana, a sign-and-trade must occur between the Celtics and Pacers. Boston has expressed interest in adding a center during free agency, and Indiana’s Myles Turner could be included in a potential deal between the teams.

Despite offering lower figures than Indiana, New York has shown a willingness to go beyond their initial two-year offer for Hayward, Stein reports. Hayward, who declined a $34.2MM player option with the Celtics to become an unrestricted free agent, is said to have a big admirer in Knicks coach Tom Thibodeau, Stein adds.

Several teams are discussing sign-and-trade scenarios on the former NBA All-Star, according to Wojnarowski, which means a resolution may not come until the weekend. Hayward could also re-sign with the Celtics on a brand new deal, Wojnarowski cautions. Hayward averaged 17.5 points, 6.7 rebounds and 4.1 assists per game last season, shooting 50% from the floor and 38% from deep.

Free Agent Rumors: Harris, Crowder, Hayward, KCP, Cousins, Hartenstein

There are “strong indications” that the Nets will get a commitment soon from sharpshooter Joe Harris, despite the fact that he’s receiving considerable interest from other suitors, tweets Marc Stein of The New York Times.

As we wait to see if Harris and the Nets come to an agreement, here are a few more free agency rumors:

  • After agreeing to re-sign Goran Dragic and Meyers Leonard early in free agency, the Heat are “in the game” to bring back Jae Crowder as well, tweets Tim Reynolds of The Associated Press. Miami is remaining over the cap and prioritizing retaining its own free agents so far this offseason.
  • As rumors swirl that Gordon Hayward prefers to land with the Pacers, Marc Berman of The New York Post (Twitter link) hears that the free agent forward has little interest in joining the Hawks.
  • Teams that are monitoring Kentavious Caldwell-Pope in free agency expect the Knicks to have interest in the veteran wing, Ian Begley of SNY.tv writes.
  • DeMarcus Cousins is receiving some attention from teams early in free agency tonight, sources tell ESPN’s Adrian Wojnarowski (Twitter link). It’s not yet clear which teams may be in the hunt for the former All-Star.
  • Free agent big man Isaiah Hartenstein is receiving some interest from the Nuggets, a league source tells Kelly Iko of The Athletic (Twitter link). Denver just lost backup center Mason Plumlee and appears to be in the market for some frontcourt depth.

Latest On Gordon Hayward

4:57pm: Hayward has told the Celtics he wants to go to the Pacers, Gary Washburn of the Boston Globe tweets. The Pacers offered Myles Turner and Doug McDermott to Boston in a sign-and-trade scenario but the Celtics want Turner and either Warren or Victor Oladipo.


4:45pm: The Hornets are expected to pursue Gordon Hayward in free agency but will likely need to work out a sign-and-trade agreement with the Celtics to make it happen, Michael Scotto of HoopsHype reports.

Hayward declined his whopping $34.2MM option in order to become an unrestricted free agent. In 52 games last season, he averaged 17.5 PPG, 6.7 RPG, and 4.1 APG on .500/.383/.855 shooting but missed a good chunk of the playoffs with an ankle injury.

Charlotte has approximately $19.4MM in cap space, so it’s unlikely Hayward would sign a multi-year deal unless there’s a sign-and-trade scenario with Boston and perhaps a third team as a facilitator.

The Hornets could dangle the expiring contracts of Cody Zeller and Nicolas Batum as part of the package, Scotto notes.

Hayward has some history with the Hornets franchise. He signed an offer sheet with Charlotte in 2014 when he was a restricted free agent but the Jazz matched it.

The Pacers are also interested in Hayward via a sign-and-trade but are reluctant to part with T.J. Warren and Aaron Holiday, two players that Boston would have some interest in acquiring, according to Ian Begley of SNY TV. However, Hayward may try to force the Celtics’ hands. The former Butler University star is “fully focused” on returning to Indiana and playing for the Pacers, according to The Athletic’s Shams Charania (hat tip to RealGM).

The Knicks are also expected to be in the mix for Hayward after freeing nearly $40MM in cap space.

Some with the organization have interest in signing Hayward as a free agent. However, the Knicks are unlikely to offer Hayward a four-year deal, Begley adds.