Jose Calderon

Mavericks Sign Jose Calderon

JULY 11th: The Mavericks announced today, via press release, that they have officially signed Calderon. 

JULY 5th: The Mavs and point guard Jose Calderon have agreed to a four-year deal, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). Marc Stein of ESPN.com originally reported the two sides were closing in on the deal (Twitter link). Chris Broussard of ESPN.com hears that Calderon will get a total of $29MM (on Twitter). The move appears to be the team's first step along its "Plan B" after missing out on Dwight Howard.

Calderon is leaving the Pistons, who acquired him as part of the Rudy Gay trade in January. The team had sought to re-sign him, but his decision to go to Dallas was a matter of timing, agent Mark Bartelstein tells Vincent Goodwill of the Detroit News (Twitter link). The deal is fully guaranteed, according to Shams Charania of RealGM.com, who adds that Calderon seriously considered a pitch from the Kings as well. The veteran point guard also showed interest in the Lakers, though it's not clear whether L.A. reciprocated that interest.

The 31-year-old saw his assists per game fall to 7.1 this season after averaging close to nine per game the previous two years, but he remains one the league's canniest distributors. His 11.3 points per game in 2012/13 were the second most of his career, behind only the 12.8 PPG he notched in 2008/09. 

Renounced Players: Wednesday

As teams clear cap space to finalize signings and trades, it may mean renouncing Early Bird or Bird rights to their own free agents, in order to remove cap holds from the books. Once a player is renounced, his previous team has no more claim to him that any other team — he could still be re-signed, but it would have to be done using cap space or an exception. Some of those decisions are more notable than others, but for completion's sake, we'll track the latest of these cap-clearing moves right here:

Earlier updates:

 

Pelicans, Kings, Blazers Agree To Three-Way Deal

7:15pm: The Kings press release on the deal has Sacramento acquiring Vasquez from the Pelicans in exchange for Evans. The Kings also say they wind up with a 2016 second-round pick and future second-round considerations, presumably from the Blazers. 

6:43pm: The Blazers announced their part, with Lopez and Harris coming from the Pelicans in exchange for Jeff Withey, future second-round draft considerations, and cash.

JULY 10TH, 6:12pm: The Pelicans have confirmed their end of the trade, via press release. They acquire Evans and Withey, send Lopez and Harris to the Blazers, and ship Vasquez to the Kings.

JULY 4TH6:04pm: Yahoo's Adrian Wojnarowski reports that Portland will send Jeff Withey to the Pelicans and a future second round pick to the Kings as part of the three-team deal (Twitter links). 

4:44pm: ESPN.com's Marc Stein reports (via Twitter) that Terrel Harris, who is on a non-guaranteed contract, will also be sent to the Blazers in the deal. Meanwhile, Portland will pay Lopez's 15% trade kicker, which will be worth about $1.57MM in total, spread equally across the next two seasons. Stein adds that Sacramento will be receiving two second-round picks from the Blazers, rather than one.

4:39pm: The Pelicans will receive cash and future draft picks from the Blazers in the deal, tweets John Reid of the New Orleans Times-Picayune. Sam Amick of USA Today adds (via Twitter) that the Kings will also receive a future second-rounder from Portland.

3:55pm: The Pelicans, Kings, and Trail Blazers have verbally agreed to a three-way deal that will make Tyreke Evans a Pelican, reports ESPN.com's Marc Stein (via Twitter). The deal will send Evans to the Pelicans, Robin Lopez to the Trail Blazers, and Greivis Vasquez to the Kings, with the Blazers sending out picks and cash, according to Adrian Wojnarowski of Yahoo! Sports (via Twitter).

Evans had been preparing to sign a four-year, $44MM offer sheet with New Orleans, so rather than lose him for nothing, the Kings decided to negotiate a sign-and-trade deal. The Pelicans had been motivated to move Lopez in order to make room under the cap for their offer to Evans, so involving the two players in the same deal made sense. Meanwhile, with New Orleans putting together a backcourt that will feature Evans, Jrue Holiday, and Eric Gordon, Vasquez was the odd man out, making him expendable as well.

Sacramento agreed to complete the three-way deal with the Blazers and Pelicans after Jose Calderon passed on an opportunity to sign with the team. According to Wojnarowski, the Kings wanted to sign Calderon and flip Vasquez to another team, but the Spaniard decided he didn't want to be part of a full-blown rebuild in Sacramento. Calderon will continue to negotiate with other teams, including the Pistons, tweets Wojnarowski.

As for the Pelicans, they get their man in Evans and figure to use him off the bench in a Manu Ginobili-type role, behind a starting backcourt of Holiday and Gordon. It's not clear where the cash and picks coming from the Blazers are headed, but I would guess the Pelicans will acquire something from Portland, since New Orleans is sending out multiple players in the move.

For Sacramento, the deal gives the team the opportunity to regain some value for Evans, and Vasquez's modest $2.15MM salary will allow the club to retain plenty of cap space to pursue other players. The Kings previously withdrew a four-year offer for Andre Iguodala, but should still have the flexibility to pursue Iguodala again, if they so choose. Sacramento may also get in on those draft and cash considerations from Portland, though we'll have to wait for further word.

Meanwhile, the Blazers continue to make use of their summer cap space by making trades rather than signing free agents, as Lopez will be absorbed using the team's room under the cap. Portland also agreed to acquire Thomas Robinson from the Rockets without including any outgoing salary. At the moment, only $500K of Lopez's 2013/14 salary is guaranteed, but the next two years of his contract will become guaranteed this weekend, since he won't be waived by tomorrow. He'll earn $5.12MM next season and $5.34MM in '14/15.

The three teams will be able to finalize the transaction when the July moratorium lifts next Wednesday.

Free Agency Rumors: Odom, Brand, Tinsley

The Mavs will bring back point guard Devin Harris, but they're also considering another former guard, this one from their title-winning 2011 team: Jose Barea

Earlier this month, there were rumors of a sign-and-trade involving O.J. Mayo and either the Wolves' J.J. Barea or Luke Ridnour. This came before the Mavs locked up their point guard slot by signing Jose Calderon

Tim MacMahon of ESPNDallas.com says (via Twitter) the Mavs have $8MM in cap space after Jose Calderon signed with them and O.J. Mayo signed with the Bucks, but there are ways to increase that figure, he notes. We already reported that the signing of Calderon likely knocks Barea out of the running for a return to the Mavs in a sign-and-trade since the Mavs have their point guard now and Mayo is gone.

Here's what else is happening around this busy Saturday night, including more Mavs' rumors as they go with plan B after failing to sign Dwight:

  • Besides bringing Harris back, the Mavs are also looking at re-signing Elton Brand, reports McMahon of ESPNDallas.com. McMahon also mentions their interest in Jermaine O'Neal, as previously iterated.
  • The Lakers, fresh off the disappointing exit of free agent Dwight Howard, are looking at Elton Brand and Lamar Odom, reports ESPNLosAngeles' Ramona Shelburne (Twitter links). But interest levels for Odom are hard to determine on both sides, and they may not be able to afford Brand, Shelburne continues.
  • Bill Oram of the Salt Lake Tribune says (via Twitter), that besides the Nets, the Jazz were among Jamaal Tinsley's primary suitors. Oram says Tinsley remains interested in returning to the Jazz.
  • In the first three years of Chris Grant's position as the Cavs' general manager, he spent less than $7MM in free agency. This summer he's spent $34MM counting option years, tweets the Akron Beacon Journal's Jason Loyd.

Devin Harris To Sign With Mavs

10:27pm: Tim MacMahon of ESPNDallas.com reiterates our contention that Harris will likely spend a lot of time at shooting guard next to Calderon in the Mavs' backcourt. MacMahon notes that Harris spent half his time next to Jeff Teague at shooting guard last season with the Hawks, so the transition won't be difficult. Acquiring Harris also allows the Mavs to bring their rookie guards, Shane Larkin and Gal Mekel, along more slowly. 

8:04pm: Although the deal can't be made official until Wednesday when the NBA's July moratorium is lifted, ESPNDallas.com's Tim MacMahon says the Mavs struck a deal today to bring Devin Harris back to Dallas for a three-year deal in excess of $9MM. With Harris' and Jose Calderon's deal, the Mavs have solved their backcourt problems from last year. 

The 30-year-old Harris averaged 9.9 PPG and 3.4 APG in 24.5 MPG during part-time starting duties with the Hawks last year. But Harris primarily played as the off-guard when Jeff Teague was in the game at the same time. This might be how the Mavs choose to use him in conjunction with Calderon.

6:40pm: Marc Stein of ESPN.com is hearing that Hawks unrestricted free agent Devin Harris is "closing in" on a deal to go back to the Mavs for a three-year deal worth $9MM plus (Twitter).

Harris is repped by Excel Sports Management, as shown in the Hoops Rumors Agency Database.

Odds & Ends: Lakers, Asik, Warriors

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. 

Pistons Considering Will Bynum, Calderon, Billups

Vincent Goodwill of The Detroit News writes that the Pistons will explore their free agent options next week with Will Bynum, Jose Calderon, and former NBA champion Chauncey Billups. While the notion of bringing back both Bynum and Calderon to Detroit may seem far-fetched, Goodwill reports that the team will explore both options and that it isn't necessarily an either/or proposition. 

Billups, who at once had a strained relationship with Joe Dumars following his trade to Denver in 2008, had reportedly buried the hatchet with Dumars recently and could serve as a veteran leader on a fairly young Pistons squad if signed. Not to mention that Rasheed Wallace had been in talks to join Detroit's coaching staff  last week, which could only entice the soon to be 37-year-old point guard to reunite with his former teammate. Though Billups had some setbacks with injuries in recent years, we heard earlier today that he still plans to play for at least two more seasons

We've covered Calderon quite a bit today, though as it relates to this scenario, the fact that he shares the same agent as Bynum could be a factor should the Pistons decide to try keeping them both. While Bynum has drawn interest from the Knicks and Bulls, the Pistons should still have the ability to make the most competitive financial offer with their ample cap room. 

Jose Calderon Interested In Lakers

9:04pm: Kennedy tweets that he'd expect Calderon to join the Lakers if Howard decides to return to Los Angeles.

8:54pm: Hoopsworld's Alex Kennedy hears that Howard and Calderon are interested in playing together, and that Calderon may wait on Howard's decision before signing a contract. Kennedy also mentions that it wasn't a coincidence that rumors of Dwight going to Houston were subsequently followed by a rumor which speculated a Jeremy Lin for Calderon swap (Twitter links). 

7:40pm: Jabari A. Davis of Hoopsworld (via Twitter) hears that free-agent point guard Jose Calderon is interested in joining the Lakers, but is waiting to see if Dwight Howard re-signs with the team first. Eric Pincus of the Los Angeles Times tweets that Howard's decision could have an effect on Pau Gasol's future in L.A., which may ultimately affect Calderon's desire to join the team. Just over a year ago, the Spanish point guard – a potential candidate to be amnestied by the Raptors at the time – was reportedly excited at the prospect of playing with his former Olympic teammate on the Lakers.

Calderon, who ultimately decided not to sign with the Kings for the sake of avoiding a rebuilding situation, still plans to continue negotiating with other teams and hasn't ruled out a return to the Pistons. While one might find it puzzling that Calderon wouldn't consider Detroit a rebuilding team either, Matt Watson of SB Nation writes of the possibility that he might think that they're capable of reaching the playoffs next season. 

Looking at their point guard situation, the Lakers have Steve Nash and Steve Blake under contract next season and recently released Chris Duhon. With Nash having battled some injuries last year, it's not far-fetched to think that the Lakers would be mutually interested in Calderon at this point. However, with the team's options relegated to the mini-MLE and veteran's minimum contracts, it remains to be seen if the 31-year-old point guard (who made $10.5MM last season) would ultimately take a large pay cut considering this could be his final lucrative contract in the NBA, not to mention that the Lakers have many other free agents on their radar that may garner a portion or all of their mini-MLE. 

Kings Won’t Match Evans Offer, Discussing Trade

3:51pm: Wojnarowski reports (via Twitter) that the proposed three-way deal would see Evans go to the Pelicans, Lopez to the Trail Blazers, and Vasquez to the Kings, with the Blazers sending out picks and cash. The specifics on the Portland picks and money aren't known, nor is it clear which team would receive them.

3:39pm: Jose Calderon has passed on an opportunity to sign with the Kings, clearing the way for the team to complete the three-way agreement that would see Vasquez land in Sacramento, tweets Adrian Wojnarowski of Yahoo! Sports. Wojnarowski adds (via Twitter) that the Pelicans had been hoping to sign Calderon and move Vasquez elsewhere.

11:11am: Sam Amick of USA Today confirms that trade talks are ongoing, but says the proposed scenario would be a three-way deal, with Vasquez going to Sacramento and Lopez heading to Portland. According to Amick, the Kings have "other situations still in play" but are looking to get something in return for Evans rather than just letting him walk (Twitter links).

7:49am: With Tyreke Evans preparing to sign a four-year, $44MM offer sheet with the Pelicans, the Kings do not plan to match the offer, according to Ailene Voisin of the Sacramento Bee. However, according to Voisin, the Kings and Pelicans are working on an agreement that would send Greivis Vasquez and Robin Lopez to Sacramento in exchange for a signed-and-traded Evans.

For Evans to be part of a sign-and-trade deal, he'd have to hold off on officially signing the Pelicans' offer sheet — once he signs, the Kings would only have the option of matching the offer or letting him walk. With the July moratorium extending into next week though, the two teams have plenty of time to work out an agreement, avoiding the need for that offer sheet.

The Pelicans had been attempting to move Lopez in order to make room under the cap for their offer sheet to Evans, so involving the two players in the same deal makes sense. Meanwhile, with New Orleans putting together a backcourt that includes Evans, Jrue Holiday, and Eric Gordon, Vasquez appears to be the odd man out.

It's not clear if only Vasquez and Lopez would be heading to Sacramento in the proposed move, or if more pieces would be involved, but the Pelicans would be able to absorb Evans into their cap space, so no further players would be required.

According to Jason Jones of the Sacramento Bee, the Kings' price to bring back Evans was something in the $8-9MM range, annually, which is significantly less than the $11MM annual salary the Pelicans offered. For him not to agree to New Orleans' offer, Evans was seeking a $12MM starting salary from Sacramento, says Jones.

While they debated whether or not to try to bring back Evans, the Kings also pursued Andre Iguodala, making him a four-year, $52MM offer. However, the club rescinded the offer when Iguodala was noncommital about signing it. With Evans seemingly on his way to New Orleans, the Kings could revisit Iguodala, but if they take on Vasquez and Lopez, their ability to make another big-money offer would be limited.

This post was first published on July 4th at 7:49am CST.

FA Updates: Brown, Oden, Iguodala, Pistons

We passed along a few free agent updates this morning, but while that may have been our first round-up of free agency notes for the day, it certainly won't be the last. Here's another set:

  • Euroleague standout Bobby Brown is drawing plenty of interest from teams on both sides of the Atlantic, according to ESPN.com's Marc Stein (via Twitter). Stein names the Knicks, Clippers, and Trail Blazers as potential NBA suitors for Brown, while noting that he also has "multiple big offers" to continue playing overseas.
  • One source tells Stein (Twitter link) that the Spurs and Heat are likely in the lead ahead of the Cavs and other teams for Greg Oden, though that list could continue to evolve, given the complexities of his comeback.
  • The Warriors, who had previously been named as a potential suitor for Andre Iguodala despite a lack of cap flexibility, met with the free agent swingman yesterday, says Rusty Simmons of the San Francisco Chronicle.
  • The Pistons are talking to agent Mark Bartelstein about bringing back free agent point guard Will Bynum, tweets Vince Ellis of the Detroit Free Press. The team has also talked to Bartelstein about Jose Calderon, tweets Vincent Goodwill of the Detroit News.
  • Although talks aren't serious at this point, the Timberwolves have exchanged text messages with Andrei Kirilenko's camp, a source tells Darren Wolfson of 1500 ESPN Twin Cities (Twitter link).