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Contract Details: Bulls, Cavs, Mavs, Nuggets

July 17th, 2013 at 8:37am CST by Luke Adams

In addition to new contracts being finalized and signed, there are a few more cap details worth keeping an eye on throughout July. We won't be updating our traded player exceptions list to reflect all the latest deals until the dust has settled a little and each move has been officially completed, but as our list shows, the Bulls had their $5MM Kyle Korver TPE expire overnight.

There are also a number of 2013/14 salaries becoming guaranteed this month, including Kyle Lowry and Lance Stephenson earlier this week. Mavericks second-year big man Bernard James also appears to be guaranteed for the coming year, since he wasn't waived by July 15th, per Mark Deeks of ShamSports.com.

Here are a few more of the latest contract and cap details worth noting, courtesy of Eric Pincus of HoopsWorld:

Mike Dunleavy's two-year deal with the Bulls is worth the team's full mini mid-level exception, for a total of about $6.51MM. Meanwhile, Chicago second-round pick Erik Murphy gets a two-year, minimum-salary that's not fully guaranteed for either season.
The Bulls also used the stretch provision on Richard Hamilton, allowing the team to spread his guaranteed $1MM over the next three seasons (Twitter link).
The Cavaliers signed Jarrett Jack for a flat $6.3MM per season, while Earl Clark received a flat $4.25MM per year (Twitter links).
Jose Calderon's starting salary with the Mavericks is $6,791,570 (Twitter link). With annual 4.5% raises, that works out to exactly $29MM over four years. Additionally, Gal Mekel's three-year contract with the team is for the minimum and is fully guaranteed.
J.J. Hickson gets the full mid-level for three years from the Nuggets, which works out to about $16.15MM overall.
Two players who were involved in the same sign-and-trade transaction have had their numbers confirmed. Randy Foye receives $3MM from the Nuggets in each of his first two seasons before a $3.135MM 2015/16 salary, which isn't fully guaranteed. Andre Iguodala, meanwhile, signed with the Warriors for exactly $48MM over four years, but his salaries will decrease from $12.87MM this season to $11.13MM in the fourth season (Twitter link).
For the record, that gap between Iguodala's and Foye's first-year salaries should represent the value of the trade exception created by Denver: $9,868,632. I wonder if Iguodala's salary starts so high in part to help the Nuggets create a larger TPE.

Cavs Sign Jarrett Jack

July 12th, 2013 at 10:18am CST by Chuck Myron

JULY 12TH, 10:18am: The Cavaliers have officially finalized their deal with Jack, according to a press release from the team.

JULY 6TH, 4:44pm: The final year of Jack's salary is partially guaranteed, tweets Ken Berger of CBSSports.com. That may mean it's not a team option as reported below, but that wouldn't necessarily be the case. Gustavo Ayon's deal with the Bucks includes a team option that's already been picked up for this season, but the contract is still non-guaranteed.

3:56pm: The Cavaliers and Jarrett Jack have agreed on a four-year, $25MM deal, a source tells Marcus Thompson of the Bay Area News Group (Twitter link). Jack, like Carl Landry, spent last season with the Warriors, but with Landry set to sign with the Kings, it looks like both are headed for new teams. The last year of Jack's deal will be a team option, tweets Brian Windhorst of ESPN.com.

The Excel Sports Management client helped the Warriors off the bench last season, notching 12.9 points per game on 40.4% three-point shooting. It appears he'll fill the same sixth-man role for the Cavs behind guards Kyrie Irving and Dion Waiters, according to Windhorst (on Twitter). When I examined Jack's free agent stock this spring, I expected a team with cap space would make him an offer for a $6MM annual salary, and it looks like that's about what happened.

The Warriors, Nuggets and Mavs were among the teams that had contact with Jack on the first day of free agency, and Dallas appeared to be intensifying its pursuit after Dwight Howard turned them down. The Mavs agreed to sign Jose Calderon last night, so perhaps that prompted them to drop out of the race for Jack.

It looked like the Warriors were poised to renounce Jack's Bird rights yesterday, but assuming the Nuggets agreed to a sign-and-trade for Andre Iguodala, they wouldn't necessarily have had to do so, as Luke Adams of Hoops Rumors points out. Now, it's a moot point, since Jack and Landry, Golden State's 29-year-old bench free agents, are headed elsewhere.

It's the second signing of the summer for the Cavs, who also used some of their ample cap space on a two-year, $9MM deal for Earl Clark, as our free agent tracker shows. Jack's is the first of the deals to include guaranteed money beyond next season. Only Anderson Varejao's deal extends beyond 2014, though Jack and first-round picks Anthony Bennett and Sergey Karasev will add to next summer's ledger.

Western Notes: Rockets, Speights, Jack

July 9th, 2013 at 6:30pm CST by Michael Pina

A few notes from around the NBA's Western Conference

As we noted earlier, the Warriors plan on signing free agent forward Marreese Speights to bolster their suddenly thin front line (trying to recover from the loss of Carl Landry and a serious injury to Festus Ezeli). According to the Bay Area News Group's Marcus Thompson, Speights' deal could be for three-years and $9MM, but he isn't yet positive those numbers are accurate. ESPN.com's Brian Windhorst reports on that front that both Speights and former Warriors guard Jarrett Jack will sign outright with Golden State and the Cavaliers, respectively.
The Rockets were fined $150K by the NBA for making public comments about Dwight Howard signing with the team before the league's moratorium has lifted, according to ESPN.com's Marc Stein.
According to NewsOk.com's Darnell Mayberry, Thunder center Kendrick Perkins had arthroscopic surgery on his right knee Tuesday morning. He will be off his feet for at least two weeks, which has a slight chance in factoring into whether the team chooses to amnesty him at some point soon.

Odds & Ends: Clippers, Pistons, Cavs, Ellington

July 7th, 2013 at 7:52am CST by Spencer Lund

The Clippers seem to be done with all their moves this summer and will probably just sign minimum level contracts from here on out, writes Eric Pincus of HoopsWorld (via Twitter). But Pincus also tweeted an update on the Clippers' salary info after the Darren Collison signing that used part of their available MLE earlier tonight.

The deal means Matt Barnes will get less as part of his announced re-signing with the Clippers yesterday. It was reported he'd worked out a three-year deal worth between $11-$12MM, but after Pincus' math that's likely to drop as they split the MLE with Barnes dropping to $10MM over three years.

Here's some more around the league, including teams pursuing free agent Wayne Ellington and the Cavs' future after signing Jarrett Jack.

League sources tell RealGM's Shams Charania that the Kings are eyeing free agent Sam Young of the Pacers.
Sam Amico of Fox Sports Ohio says free agent guard Wayne Ellington is drawing interest from the Bulls, Bucks and Pistons (Twitter).
About the Pistons, USA Today's Jeff Zillgitt says (via Twitter) that even though they landed free agent Josh Smith, they still want a point guard and shooting wing, the latter role one Ellington could fulfill.
Keith Langlois of Pistons.com says (via Twitter) that there are 34 players making over $13.5MM next season. He goes on to say that number helps put "youknowwhat" into perspective. We're guessing it's the four-year $54MM (or $56MM, with performance incentives) Josh Smith just agreed to signed for with the Pistons.
A source has told 1500ESPN.com's Darren Wolfson the Timberwolves are maintaining a regular dialogue with unrestricted free agent Alan Anderson's camp (Twitter).
Jason Lloyd of the Akron Beacon Journal takes a look at how the Cavs roster is beginning to take shape in the wake of their agreement with Jarrett Jack.
Lloyd adds (via Twitter) that the Jack signing probably ends their flirtation with Ellington, whom they didn't tender a qualifying offer because they wanted an upgrade of the kind Jack gives them.

Mavs Move On To Plan B, Pursuing Jarrett Jack

July 5th, 2013 at 4:51pm CST by Luke Adams

Having been stuck in a holding pattern for several days while Dwight Howard made a decision, the Mavericks have moved on to Plan B after being notified that they're out of the mix for Howard. Owner Mark Cuban announced this afternoon (via Twitter) that the Mavs are "back open for business," while Ken Berger of CBSSports.com reports (via Twitter) that the club is pursuing other free agents, including Jarrett Jack.

In order to sign Andre Iguodala, the Warriors will need to renounce their Bird rights on Jack, so the market for the veteran point guard is wide open. We heard earlier in the week that the Mavs, who are seeking point guard help this offseason, had been in touch with Jack.

The Mavs currently hold about $36MM in guaranteed salaries for 2013/14, plus Shane Larkin's cap hold, so the team could have close to $20MM in cap room to spend in free agency, or to use in trades.

Bird Rights For Millsap, Jack To Be Renounced

July 5th, 2013 at 4:25pm CST by Luke Adams

The Warriors and the Jazz have been at the center of a pair of major deals this afternoon, including agreeing to a trade that will send a handful of draft picks and about $24MM in salaries to Utah. However, as a result of that trade and Golden State's subsequent agreement with Andre Iguodala, two major free agents will almost certainly no longer re-sign with their respective teams.

According to TNT's David Aldridge (via Twitter), the Jazz will need to renounce their Bird rights to Paul Millsap in order to clear the necessary cap room to absorb all the incoming salary. That means that the Jazz could no longer offer Millsap more than the $2.65MM room exception to re-sign in Utah.

Meanwhile, the Warriors find themselves in a similar boat with Jarrett Jack. To create space for Iguodala's salary, Golden State will renounce its Bird rights to Jack, as Marcus Thompson of the Bay Area News Group tweets. Like Millsap, Jack now won't be eligible for more than the $2.65MM room exception if he hopes to re-sign with his former team.

Although it's still technically possible for both players to re-sign with their respective clubs, the odds are strongly in favor of both free agents finding new homes within the next few days or weeks.

Odds & Ends: Lakers, Asik, Warriors

July 4th, 2013 at 11:59pm CST by Ryan Raroque

While trying to rationalize a sign-and-trade involving the Lakers sending Dwight Howard to the Warriors from L.A.'s point of view, Kevin Pelton of ESPN.com (Insiders only) writes that Golden State could possibly sweeten their offer by adding another expiring contract to the table while agreeing to take on the rest of Steve Nash's deal in return. If in fact Dwight decides to leave, Pelton thinks that acquiring expiring contracts, future first round picks, and a young talent like Harrison Barnes would be much more preferable than seeing their star free agent walk away for nothing.

Here are more of the rest of tonight's miscellaneous notes:

Although 76ers GM Sam Hinkie chose not to comment much on the team's possible interest in Omer Asik, Keith Pompey of the Philadelphia Inquirer writes that Hinkie is very familiar with the Rockets big man, as he was part of Houston's front office when they signed him to a deal last summer.
ESPN's Marc Stein tweets that the most notable aspect of the D12 rumors from the Warriors' perspective is how they'll deal with Andrew Bogut if their pursuit of Howard falls through. Matt Steinmetz of CSN Bay Area (via Twitter) adds David Lee, Barnes, and Klay Thompson to the list of players that will be owed an explanation as well.
A number of the Mavericks' point guard targets – including Monta Ellis, Mo Williams, Jarrett Jack, Chauncey Billups, and Jose Calderon – remain on the free agent market, and Eddie Sefko of SportsDayDFW writes that the team is working behind the scenes with multiple agents regarding potential acquisitions. In another piece, Sefko details why Howard would fit and make a much needed positive impact in Dallas.
Mike Bresnahan of the Los Angeles Times goes through the potential repercussions for the four teams that miss out on signing Howard this summer.
John Canzano of The Oregonian endorses the under-the-radar moves Neil Olshey has completed recently for the Trail Blazers, even if they may not appeal to fans who were expecting a big splash thus far.
Kevin Sherrington of SportsDayDFW says that there’s virtually no chance that Mark Cuban sells the Mavericks even if things don’t continue to go well, citing a tweet from the team owner himself.
Jared Zwerling of ESPN NY recommends keeping an eye out for Reyshawn Terry and Toure Murry as players who could find themselves on an NBA team's radar soon (Twitter links). Terry, whom Zwerling thinks could be another team's 'Chris Copeland,' has reportedly played well overseas and could find himself on an NBA summer league team. Murry is currently on the Knicks' summer team and could be good enough to make a team's regular season roster.
Earlier tonight, A. Sherrod Blakely of CSNNE tweeted that the Mavericks were expected to see if the Celtics are more willing to trade Rajon Rondo now with Brad Stevens as the new head coach. However, with a report that Rondo is keeping an open mind to the hiring, it might not seem likely that Danny Ainge would be receptive to trade overtures just yet.

Warriors, Nuggets, Mavs Contact Jarrett Jack

July 1st, 2013 at 3:56pm CST by Luke Adams

The Warriors, Nuggets, and Mavericks are among the teams that have reached out to Jarrett Jack on the first day of free agency, reports Marc J. Spears of Yahoo! Sports (via Twitter).

Marcus Thompson of the Bay Area News Group has more details on the Warriors' meeting with Jack, describing it as "positive," though no offer was made. While Golden State would like to keep its veteran point guard, the Warriors' financial flexibility is limited, with team salary in such close proximity to the tax. The club may pursue Darren Collison if bringing back Jack isn't possible, according to Thompson.

Meanwhile, the Mavericks are seeking a veteran point guard to complement rookies Shane Larkin and Gal Mekel, but the Nuggets' interest is a little surprising, considering Denver has Ty Lawson and Andre Miller under contract for next season.

Free Agent Stock Watch: Jarrett Jack

May 24th, 2013 at 5:30pm CST by Chuck Myron

It's not often that a player who makes the fewest starts since his rookie season and sees his scoring average decline nearly three points from the year before emerges as a hot commodity. Yet that's the spot Jarrett Jack finds himself in as he hits free agency. Jack was a superb sixth man this season for a Warriors team that won a playoff series, giving the eight-year veteran his first glimpse of the postseason beyond the opening round. He was frequently the No. 1 option on offense down the stretch, while the "greatest shooting backcourt in the history of the game," as Mark Jackson proclaimed Stephen Curry and Klay Thompson, deferred to Jack's ability to create off the dribble.

Jack's scored 12.9 points per game this year, off from his career high of 15.6 in 2011/12 with New Orleans. Perhaps picking up some tips from the shooters around him, or benefitting from the same conditions that allowed them to thrive, Jack displayed some of his best touch from beyond the three-point arc, knocking in 40.4% of his attempts. He exceled as a distributor as well, averaging 5.6 assists against 2.0 turnovers per game. The Warriors gave up slightly more points per 100 possessions when he was on the floor, according to NBA.com, but his net effect was positive. The Warriors outscored opponents by 1.7 points per 100 possessions as a whole this season, and by 2.2 points with Jack in the game.

The 22nd overall pick in the 2005 draft, Jack made $5.4MM this season, the last of a four-year, $20MM contract. He reportedly had a chance to extend that deal with the W's this season, but shut down talks with the team in the middle of the season. With the exception of players on rookie-scale contracts, an extension usually isn't in a player's best interest. Jack would have been limited to a 7.5% raise on his salary from this season and three additional years. That would have been a total package worth $18.63MM, a sum of guaranteed money that most bench players don't see. It's not clear whether the Warriors were prepared to go that high in the extension. If they did so, Jack's $5.805MM salary for next season would likely put them in danger of going over the tax apron.

Without Jack, and assuming Carl Landry opts out of his deal while Andris Biedrins, Richard Jefferson and Brandon Rush all opt into theirs, the Warriors would be committed to $69,020,402 for 10 players next season. It's not certain exactly where the tax threshold, at $70.307MM this year, will be set for 2013/14, but in any case, the Warriors seem destined become a taxpayer unless they make a major move. Crossing the tax apron, which will be $4MM above wherever the tax line is set, would limit the team's flexbility, chopping about $2MM from its mid-level exception and placing a restriction on Golden State's ability to acquire players via sign-and-trade.

That likely makes Jack and Landry an either-or proposition for Golden State, as Tim Kawakami of the Bay Area News Group wrote last week. Kawakami figures the Warriors will choose Jack, and while that seems logical, I'm not sure they'll be able to afford him unless they either dump other salaries or are prepared to cross the tax apron. Even if he re-signed for his $5.4MM salary from last season, Jack would be tough to squeeze back onto the payroll. The 29-year-old was adamant last month that he'll prioritize a return to the Warriors next season, even if it means giving up the opportunity to start elsewhere.

Jack had an expanded role in the playoffs, becoming his team's second leading scorer, at 17.2 points per game, and drawing four starts in place of an injured David Lee. Even if he doesn't sign with a team that wants to make him a starter, he should at least be in line for a slight bump up in pay. He was one of the top sixth men in the league this year, and teams with cap space probably wouldn't hesitate to pay him $6MM a year. That may be too much for Jack to pass up, as much as he enjoyed his year as a Warrior.

Odds & Ends: Mavericks, Jack, Bayless, Hollins

May 23rd, 2013 at 6:26pm CST by Ryan Raroque

In an article he released yesterday, Dwain Price of the Star-Telegram cited that two point guards who interest the Mavericks include Jarrett Jack and the Grizzlies' Jerryd Bayless. The source also said that after the Clippers released Vinny Del Negro, the feeling in Mavs camp is that Chris Paul would likely stay in Los Angeles considering he'd be given significant control over the next coaching hire. With that being said, Dwight Howard continues to be the team's top priority. Here are few more miscellaneous notes from around the league:

Though the future of Grizzlies coach Lionel Hollins still remains uncertain, the impending free agent coach says that he's not worried about an extension or heading elsewhere and is currently focused on the playoffs, "I have a job…I'm happy with where we are and excited about what we're doing. That's my only concern. Everything else is irrelevant" (Teresa M. Walker of NBA.com).
Erik Spoelstra was pleased about James Jones' decision to not opt out at the end of this year and thus return to the Heat next season, says Chris Tomasson of FOX Sports Florida (Sulia link). Spoelstra: "It's great news…J.J. is a Miami Heat guy. (He and Udonis Haslem), they're special. All of our guys are special in this organization, but they're Miami-bred guys. They're Miami true and blue."
Ken Berger of CBS Sports tweeted that Jeff Hornacek interviewed with the Bobcats today and that Steve Clifford is headed for his next interview with the Suns, respectively.
If there's any coach that isn't confident about his team making significant improvements next season, it's definitely not Wizards head coach Randy Wittman, who told CSN Washington: "It doesn't matter with the No. 3 pick. If we could stay healthy and come together as we did last year, have a full season right from the start, we should put ourselves in that (playoff) position…It doesn't matter if we pick eighth, third or 30th" (J. Michael of CSN Washington).
Keith Schlosser of Ridiculous Upside sheds some light on Mike Singletary (not to be confused with the current NFL assistant coach), who has been making waves for his standout play overseas. The 6'6 swingman, who recently won the NBDL title with the Rio Grande Valley Vipers, has been playing for Barako Bull Energy Cola – a PBA team currently participating in a tournament in Dubai. With his solid production in the D-League (10.1 PPG and 4.9 RPG along with 41% shooting from long range in 49 games) and his experience with competitive international play, Schlosser thinks that the next step would involve an NBA summer league invite and is curious to see what kind of opportunities Singletary could find heading up to the start of NBA training camp in the fall.