Jeremy Lin

Atlantic Notes: Celtics, Lin, Embiid

The Celtics have put major trade talks on hold after today’s flurry of signings, according to Steve Bulpett of The Boston Herald. So far, the quest to obtain Russell Westbrook or Blake Griffin has made little progress, with the Thunder and Clippers wanting more than Boston is willing to surrender. Instead, the Celtics wrapped up a few smaller moves today, agreeing to terms with free agent swingman Gerald Green and center Tyler Zeller, in addition to deals with second-round picks Demetrius Jackson and Ben Bentil. The Celtics now have 18 players under contract, three over the roster limit. Bulpett expects Bentil to battle in training camp with R.J. Hunter, James Young and John Holland for the last roster spot, with Hunter as the early favorite. That would mean the end in Boston for Young, a 2014 first-round pick whose $1,825,200 salary might be included in any Celtics trade.

There’s more news from the Atlantic Division:

  • A source confirms, “There is no big deal right now” for the Celticstweets Adam Himmelsbach of The Boston Globe.
  • New Nets point guard Jeremy Lin moved around the league so much because he has yet to find the “perfect” situation, relays Steve Serby of The New York Post. Lin recently signed a three-year deal with Brooklyn, which will be the sixth franchise for the six-year veteran. “And because I’ve been in situations I didn’t want to be in,” Lin explained, “I’ve created and negotiated in terms of free agency a lot of shorter deals that give me the flexibility to leave if I’m not happy with the way things are going.” In a wide-ranging interview, Lin expresses excitement about the future of the Nets and the chance to once again play for new head coach Kenny Atkinson, who tutored Lin when he was an assistant with the Knicks.
  • Defeating Justin Bieber in an arm-wrestling match may not prove that the SixersJoel Embiid is ready for the NBA, but that was just part of an active weekend in Los Angeles, writes Rob Tornoe of The Philadelphia Inquirer. More significant was a video of Embiid working out on the court that was posted online this morning by his trainer, Drew Hanlen. Embiid, who sat out his first two NBA seasons with injuries, was cleared for five-on-five play last month.

Atlantic Notes: Waiters, Zeller, Lin, Marks

The off-court incidents the Sixers suffered through with Jahlil Okafor last season may make them less likely to pursue Dion Waiters, according to Keith Pompey of The Philadelphia Inquirer. Waiters became an unrestricted free agent Monday when the Thunder rescinded their qualifying offer. While it make might make sense for the South Philadelphia native to join a team like the Sixers that needs backcourt help, some in the organization reportedly see Waiters as a potential behavioral problem and don’t want his outspoken personality to affect the team’s younger players. However, a league source tells Pompey that the Sixers have talked to Waiters and negotiations could resume. The Nets and Lakers are also seen as options because of the amount of cap space they have remaining.

There’s more news from the Atlantic Division:

  • The Celtics are leaving themselves the maximum amount of flexibility as they work to pull off a major deal, writes Kevin O’Connor of CSNNE. None of the draft picks has been signed, O’Connor notes, and nothing has been done with Tyler Zeller, who is a restricted free agent after receiving a qualifying offer last month. The Celtics can withdraw that $3.7MM offer any time before Saturday if they need more cap space. If a team submits an offer sheet to Zeller before then, Boston can match, but O’Connor writes that there are only seven teams left with enough cap room to make an enticing offer, and most of them are already set at center. A sign-and-trade deal involving Zeller is possible if the Celtics find the right trade.
  • Jeremy Lin compares joining the Nets with investing in a “startup company,” tweets Andy Vasquez of The Record. “I’m betting on certain people,” Lin said. “I’m betting on [coach] Kenny [Atkinson]. I’m betting on [GM] Sean [Marks]. I’m betting on myself. I’m betting on Brook [Lopez]. I’m betting on the way I feel. If I didn’t feel like this has the chance to go where I want it to go, then I wouldn’t have signed up for it.”
  • The Nets have a little more than $20MM in remaining cap room, but Marks calls reaching the spending floor “the least of my concerns,” Vasquez relays (Twitter link). The new GM prefers to enter the season with cap flexibility.

Cap Notes: Lakers, Zubac, Crabbe, Lin, Nets

In the past, NBA teams have often kept free agents’ rights on their books long after those players have retired — teams that never went below the cap had no reason to renounce those players, since their cap holds often helped teams avoid losing trade exceptions and full mid-level exceptions. However, with the salary cap jumping to $94MM+ this season, only a few teams have avoided going below the cap, which means more and more of those free agents who have retired or been out of the NBA for multiple seasons are being renounced.

As Eric Pincus of Basketball Insiders notes (via Twitter), the Nets did just that this week with players – or former players – like Jerry Stackhouse, Jason Collins, and Andray Blatche, renouncing those cap holds to help clear cap room.

Here are a few more cap-related notes and updates from around the NBA:

  • The Lakers renounced a notable free agent of their own, officially removing Kobe Bryant from their books, per RealGM.com. Bryant had a maximum-salary cap hold following his final NBA season, so Los Angeles had little choice but to renounce it if the team wanted to make use of its cap room.
  • Lakers second-round pick Ivica Zubac got two guaranteed seasons on his three-year deal, per Pincus, who tweets that Zubac will earn salaries worth $1.03MM, $1.08MM, and $1.13MM, respectively.
  • Allen Crabbe‘s offer sheet with the Nets is worth $18.5MM in its first, second, and fourth years, with a third-year salary of $19.3MM, according to Pincus (Twitter links). The deal, which the Trail Blazers could match, also has a fourth-year player option, a 15% trade kicker, and “significant payment advances.”
  • Pincus also provides the details on Jeremy Lin‘s new contract with the Nets, tweeting that it features a third-year player option, a 10% trade kicker, and $2.3MM in unlikely bonuses on top of the $36MM base value.
  • We’ll be updating our full list of traded player exceptions soon, once all of the recently-reported trades become official, but we can expect many of the TPEs on that list to disappear. As Bobby Marks of The Vertical tweets, the Cavaliers, Thunder, and Clippers may end up being the only teams with trade exceptions when the dust settles.

Nets Sign Jeremy Lin

Bob DeChiara/USA TODAY Sports Images

Bob DeChiara/USA TODAY Sports Images

JULY 7th, 4:04pm: The deal is official, Brooklyn announced in a press release.

9:18am: The third year is a player option, Wojnarowski tweets.

JULY 1st, 9:08am: The Nets are closing in on a multiyear deal with unrestricted free agent Jeremy Lin, Adrian Wojnarowski of The Vertical reports (on Twitter). The pact will be for three-years and $36MM, reports Marc Stein of ESPN.com (Twitter link). Lin confirmed he is heading to the Nets via his personal Twitter account.

Lin will reunite with coach Kenny Atkinson, who was an assistant with the Knicks when “Linsanity” broke out during the 2011/12 season. The point guard has failed to recapture the magic of that time since departing New York, but has remained a productive player the past few seasons. It remains to be seen if pairing up with Atkinson will boost Lin’s numbers, but regardless, they land a solid contributor at a position of need.

The 27-year-old appeared in 78 games for the Hornets last season, including 13 starts. He notched averages of 11.7 points, 3.2 rebounds and 3.0 assists in 26.3 minutes per outing. Lin’s slash line on the campaign was .412/.336/.815.

Free Agent Notes: Rondo, Wolves, Gasol

The Pelicans could still make a push for signing Rajon Rondo even after securing an agreement with E’Twaun Moore, John Reid of The Times Picayune writes. Reid acknowledges that there are other teams in the mix for Rondo and New Orleans appears to be a long-shot. There were conflicting reports on Friday as to whether the team was interested in Rondo.

Reid confirms an earlier report that the Pelicans were interested in Jeremy Lin, but the point guard’s price was too steep for the team. Lin signed a three-year, $36MM deal with Brooklyn on Friday.

Here’s more from around the league during this crazy start to free agency:

Free Agent Notes: Parsons, Conley, Lin, Smith

Free agents Mike Conley and Chandler Parsons have talked several times about teaming up in Memphis, posts Tim MacMahon on ESPN Now. Parsons, who already has a maximum offer on the table from the Blazers, will meet with Grizzlies officials later today in Los Angeles. Conley has a meeting scheduled with the Mavericks, but MacMahon says Conley and Parsons haven’t talked about becoming teammates in Dallas.

There’s more news on the first day of free agency:

  • The Pelicans could have signed point guard Jeremy Lin, but weren’t willing to give him more than $10MM per season, tweets Chris Haynes of Cleveland.com. Lin agreed to a deal with the Nets this morning for $36MM over three years.
  • Ish Smith, who agreed to terms with the Pistons early this morning, felt slighted that the Sixers waited so long to call him, tweets Keith Pompey of The Philadelphia Inquirer. The team didn’t reach out to Smith until 3:30 a.m., and by that time he had decided to go to Detroit.
  • With more than $60MM to spend, the Sixers are targeting guards as free agency begins, tweets Alex Kennedy of Basketball Insiders. He names the Thunder’s Dion Waiters, the ClippersJamal Crawford and the Blazers‘ Allen Crabbe as players that Philadelphia has interest in.
  • The Suns have guaranteed P.J. Tucker‘s salary for next season, writes Paul Coro of The Arizona Republic. The 31-year-old small forward will receive $5.3MM in 2016/17. He only had a partial guarantee of $1.5MM before Thursday.
  • The Wolves have contacted Bulls free agent guard E’Twaun Moore, tweets Darren Wolfson of 5 Eyewitness News in Minneapolis. Moore averaged 7.5 points and 1.7 assists in 59 games this season.
  • Several teams are expected to pursue Blazers restricted free agent Maurice Harkless, posts Marc Spears on ESPN Now. A source tells Spears that the Wizards, Pistons, Lakers, Mavericks and Jazz are all interested.

FA Rumors: Turner, Batum, Gasol, Lin, Kings

The Knicks, Bulls, Pelicans, Mavericks, Lakers, and Grizzlies are in the mix for Evan Turner, a source tells Sean Deveney of The Sporting News. No meetings have been finalized yet for Turner, but it sounds like he’ll meet with at least a few of those suitors. According to Deveney, there’s also still a possibility that the Celtics will re-enter the picture for Turner.

Here are more free agent updates from around the NBA:

  • Unsurprisingly, Nicolas Batum, who has generated interest from Dallas, New York, Charlotte, and a few other teams, is seeking a max contract, tweets Deveney.
  • According to Ramona Shelburne of ESPN.com, Trail Blazers and the Timberwolves are expected to be among the suitors for Pau Gasol, who has also been linked to Golden State, New York, and San Antonio.
  • Jeremy Lin‘s price tag is expected to be in the neighborhood of $12-14MM per year, according to Adrian Wojnarowski of The Vertical (via Twitter).
  • The Kings have expressed interest in Dion Waiters and Allen Crabbe, per Wojnarowski (link via RealGM.com). Sacramento has also reached out to Courtney Lee, tweets Tim MacMahon of ESPN.com.
  • Jazz free agent Trevor Booker is drawing interest from multiple teams and is expected to have a starting salary around $10MM, sources tell Tony Jones of The Salt Lake Tribune (Twitter link).

Free Agent Rumors: Lin, Bazemore, Gordon

The Hornets are more likely to lose than Jeremy Lin in free agency than they are to re-sign him, according to Rick Bonnell of The Charlotte Observer (Twitter link), who is hearing that the Nets may “hard-sell” Lin when the free agent period begins. Several teams are expected to pursue the veteran point guard, but he would be a good fit in Brooklyn, potentially reuniting with former Knicks assistant Kenny Atkinson.

Here are a few more free agency rumors from across the NBA:

  • In a Wednesday piece, Zach Lowe of ESPN.com identified the Bucks, Grizzlies, and Nets as probable suitors for Kent Bazemore. Michael Scotto of The Associated Press adds a few more teams to that list of suitors, tweeting that the Pelicans, Rockets, and Magic will also be eyeing Bazemore. The Hawks also want to re-sign the free agent wing, and we heard on Wednesday that the Knicks will also have strong interest in him too.
  • The Rockets, Grizzlies, Knicks, and Pelicans are interested in free agent guard Eric Gordon, sources tell Chris Broussard of ESPN.com (Twitter link). A report earlier in the year suggested that New Orleans likely won’t go to great lengths to bring back Gordon, after he spent five injury-plagued seasons with the team.
  • Jamal Crawford has a July 1st meeting lined up with the Magic, tweets Alex Kennedy of Basketball Insiders. We heard on Wednesday that Crawford has scheduled meetings with five teams in total, including Orlando and his current team, the Clippers.
  • ESPN’s Zach Lowe identifies several under-the-radar free agents who have the potential to be good values this summer, even with spending significantly on the rise.

Lowe’s Latest: Horford, Howard, Noel

The Hawks are reluctant to offer unrestricted free agent Al Horford a fifth year this summer, and if the team maintains that rigid stance it could risk losing him to another suitor, writes Zach Lowe of ESPN.com in his free agency primer. The scribe names the Pistons as a team to watch regarding the center and notes that Detroit is working to set up a meeting with Horford during the first 48 hours of free agency. With veteran point guard Jeff Teague having already been traded, if the Hawks were to lose Horford and swingman Kent Bazemore this summer, it could prompt a full rebuild in Atlanta, Lowe writes. The scribe also notes that coach Mike Budenholzer‘s status as a team executive gives him more security to undertake a re-tooling effort.

Here’s more from Lowe:

  • Hornets unrestricted free agent forward Marvin Williams may be in line for a deal this summer in the range of two years and $38MM, according to Lowe’s estimations.
  • Teams are balking at the notion of paying Dwight Howard a max salary, even if it’s on a short-term deal, Lowe notes. The scribe adds that the center has a free agent meeting set up with the Celtics.
  • The Nets and Sixers have enough cap room to create early havoc in the free agent market and drive up prices around the league if they are aggressive in going after restricted free agents, Lowe writes. Brooklyn has strong interest in adding some high-character veterans, including Jared Dudley, Lowe relays. There are a number of teams that are worried Brooklyn will jump the market on unrestricted free agents with ties to new coach Kenny Atkinson (Jeremy Lin, Bazemore), and some under-the-radar young players, the scribe adds.
  • The Raptors will need to move at least one large contract in order to have a shot at re-signing both DeMar DeRozan and Bismack Biyombo, Lowe notes. To that end, Toronto has approached the Sixers about a trade involving a rotation player and other assets in exchange for Nerlens Noel, who could potentially replace Biyombo as backup center. These talks have not gained much traction, according to Lowe.
  • The Magic‘s acquisition of Jodie Meeks from the Pistons will have no bearing on their plans for restricted free agent Evan Fournier, Lowe notes, with Orlando being unsure of Meeks’ health heading into next season.
  • Lowe also speculates that the cap boom may lead to an increase in contract extensions, noting that Paul George (Pacers), DeMarcus Cousins (Kings), John Wall (Wizards) and Derrick Favors (Jazz) are all potential extension candidates this year.
  • The Pacers may look to trade shooting guard Monta Ellis this summer in an effort to free up more cap space, Lowe notes. Ellis, who is set to earn $10,763,500 in 2016/17, still has three years remaining on his current pact.
  • The NBPA is encouraging players to sign contracts that decline over time so they can get as much guaranteed money up front as possible, Lowe relays. This push is likely related to a potential lockout next summer when the league and union have the ability to opt out of the current CBA.

Rockets To Push For Hassan Whiteside, Other FAs

Hassan Whiteside will be among the free agents the Rockets make a strong push for when the recruiting period opens later this week, according to Calvin Watkins of ESPN.com. A source tells Watkins that Houston will make a strong effort to sign either Whiteside, Kevin Durant, Al Horford, or Ryan Anderson.

The Rockets’ interest in Durant, who is the top target for a handful of teams, has long been known, but reports in recent weeks have indicated that the former MVP isn’t expected to seriously consider Houston. So far, Durant has lined up meetings with six teams – the Thunder and five rival suitors – but the Rockets aren’t on that list.

The Rockets’ fondness for Horford and Anderson has also been previously reported, though Atlanta is viewed as the frontrunner to bring back Horford, while Anderson will generate plenty of interest around the league. Of the four Rockets targets mentioned by Watkins, Anderson is perhaps the least likely to land a maximum-salary contract, but it’s not out of the realm of possibility even for him.

As for Whiteside, he’s hoping to make a decision early in free agency, so if he lands elsewhere, the Rockets should at least be able to move on quickly. The Lakers, Mavericks, and Celtics are among the clubs expected to vie with the Heat for the young center.

With Dwight Howard having opted out of his contract, Houston has room for at least one max player, and possibly two. General manager Daryl Morey suggested earlier this month that the Rockets are “ready-made” to add a star to complement James Harden, pointing to the size of the Houston market, the presence of Harden (and several solid role players), and the arrival of coach Mike D’Antoni as reasons why top-tier free agents would be interested in joining the Rockets.

Of course, the Rockets’ free agent search won’t be limited to max-salary players. Watkins mentions in his piece that Jeremy Lin could be among Houston’s targets this offseason, which is an intriguing possibility, given the success the point guard has had under D’Antoni in the past.