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Knicks Waive Thomas, Kirk, Amundson

January 7th, 2015 at 1:22pm CST by Chuck Myron

1:22pm: The moves are official, the team announced (on Twitter).

8:59am: The Knicks plan to waive Lance Thomas, Alex Kirk and Lou Amundson, according to Peter Botte of the New York Daily News and Newsday’s Barbara Barker (Twitter links). Bleacher Report’s Howard Beck reported late Monday that the team would waive Kirk and Amundson and keep Thomas. Ian Begley of ESPNNewYork.com said shortly thereafter that the Knicks would choose two of the three to let go and that Thomas was merely the most likely to be retained, but now it appears New York will release all three of the players it acquired in Monday’s trade. None of the three has any guaranteed salary, save for Kirk, who has a $65K partial guarantee but has already earned more than that amount, putting him on a de facto non-guaranteed contract. The team must waive them no later than 4:00pm Central today to avoid guaranteeing their minimum-salary deals for the rest of the season.

Thomas is the only one of the trio to have seen significant action this season. He started 13 games for the banged-up Thunder earlier this season, and in 22 appearances overall, he’s averaging 5.1 points and 3.4 rebounds in 20.5 minutes per game. Still, Oklahoma City saw him as expendable now that most of its injured players, including Kevin Durant, are back in the lineup. The 26-year-old forward was supposed to have served a less prominent role like the ones Kirk and Amundson played in Cleveland. Kirk, an undrafted rookie center out of New Mexico, has hit the floor for just 14 minutes total in five games during the regular season. The ninth-year veteran Amundson saw 6.6 MPG in 12 appearances for the Cavs, but Cleveland shipped him out along with Kirk even though the team is starved for capable big men.

The Knicks, who have been carrying a full 15-man roster, are set to sign Langston Galloway to a 10-day contract, though that move couldn’t take place until the team makes its cuts. The subtraction of Thomas, Kirk and Amundson plus the signing of Galloway would put the Knicks at the 13-man roster minimum, with plenty of flexibility.

Knicks Rumors: ‘Melo, Shumpert, Smith

January 7th, 2015 at 12:02pm CST by Chuck Myron

It’s likely that the Knicks will eventually decide to shut down Carmelo Anthony for the rest of the season so he can rest his sore left knee, a source tells Bleacher Report’s Howard Beck. ‘Melo plans to return January 15th for New York’s game against the Bucks, but he acknowledged that if he’s still feeling pain once he starts playing again, he might undergo surgery, as Marc Berman of the New York Post writes. A long season is just getting longer for the 5-32 Knicks, who top our Reverse Standings with the league’s worst record. Here’s more from New York:

Iman Shumpert and J.R. Smith, traded Monday to the Cavs, were probably ‘Melo’s closest friends on the Knicks, Berman writes in the same piece. “When I first committed back to New York, it’s something I always said I have to trust they know what they’re doing,” Anthony said today. “That was one of the reasons I wanted to come back. So here’s an opportunity with the trust. Everything starts now.‘’
The Knicks worried that Smith’s poor work ethic and Samuel Dalembert‘s frequent tardiness to practices would be negative influences on the team’s younger players, sources tell Beck for the above-linked piece.
Team president Phil Jackson asked Knicks players at the end of last season to identify a reliable second-best player on the team after ‘Melo, and no consensus emerged, Beck also writes.
There’s a “slight chance” the Knicks will re-sign Lance Thomas to a 10-day contract should he clear waivers, Berman tweets. New York is set to waive Thomas, as well as Alex Kirk and Lou Amundson.
The D-League affiliate of the Knicks is unlikely to trade for the rights to Toure’ Murry, which belong to Houston’s D-League affiliate, a source tells Gino Pilato of D-League Digest (Twitter link). Murry is reportedly joining the D-League after having been waived by the Jazz this past weekend.

Eastern Notes: Jackson, Napier, Thomas

January 6th, 2015 at 8:12pm CST by Eddie Scarito

Knicks president Phil Jackson won’t prove that he’s worth the $12MM per year salary that team owner James Dolan is paying him until he lands some meaningful free agents this summer, Ian O’Connor of ESPNNewYork.com opines. The problem for Jackson is that the top free agents are likely to stay with their current teams, O’Connor notes. The best Jackson can hope for is to possibly ink Greg Monroe and Goran Dragic, nice hauls, but not quite championship caliber players, the ESPN scribe adds.

Here’s more out of the East:

The Heat have recalled Shabazz Napier from the Sioux Falls Skyforce, their D-League affiliate, Ira Winderman of The Sun Sentinel reports (Twitter link). This was Napier’s second journey of the season to Sioux Falls.
The Knicks may waive Lance Thomas to create an additional roster spot, Ian Begley of ESPNNewYork.com reports (Twitter link). Thomas, who was acquired in Monday night’s three-way deal with the Cavs and the Thunder, was reported to be the one player whom New York was looking to retain of the three it had garnered in the deal.
With the trade market beginning to heat up, Alex Kennedy of Basketball Insiders looks at the players who are most likely to be dealt prior to the February trade deadline. Players who Kennedy opines could be on the move include Deron Williams (Nets), Jeff Green (Celtics), Andrei Kirilenko (Sixers), and Brandan Wright (Celtics).

Fallout From Cavs-Thunder-Knicks Trade

January 6th, 2015 at 8:59am CST by Chuck Myron

Monday night’s three-team trade brought about significant changes to a title contender in each conference and was seemingly a signal that the Knicks are focused more on the future than the present. We’ll look at the ripple effects of the move as they’re felt in Cleveland, Oklahoma City, and New York.

The Knicks plan to waive two of the three players they acquired in the trade, and Lance Thomas is the most likely among that trio to be kept, tweets Ian Begley of ESPNNewYork.com. The Knicks would look to fill the open roster spots that would create, coach Derek Fisher said, according to Newsday’s Al Iannazzone. “I don’t think this in any way signals the end of our transition process,” Fisher said. “I think our front office will continue to look at what we can do to replace a couple of these guys, but also how we’re going to build our roster going forward in the short term and the long term. I think Phil [Jackson] is continuing to look at how we transition as we change the culture of the New York Knicks.”
The Cavs kept LeBron James informed about the move, and he understands it as a transaction necessary for the team, as Chris Haynes of the Northeast Ohio Media Group hears. The relationship between James and J.R. Smith, who’s spent summers training with James in the past, is solid, Haynes also reports.
Kevin Durant is excited about the addition of Dion Waiters to the Thunder and said that he doesn’t think the shooting guard has felt “wanted” the past couple of years, notes Anthony Slater of The Oklahoman (Twitter link). Durant is intent on changing that. “I’m not saying he’s James [Harden]‘s replacement, we’re far past that,” Durant said. “But yeah, he can play, can come off the bench for us and score and make plays. He’s a really good player, man. A lot of people take him for granted, I think. Because he’s been around and you hear different things about him that’s not true. But he can play basketball. So he just needs to come out here and be himself, be aggressive and make plays.”

And-Ones: Waiters, Lakers, Lopez, Thunder

January 5th, 2015 at 10:57pm CST by Zachary Links

The Thunder landed Dion Waiters earlier tonight, but the Lakers previously made a run at him, Ramona Shelburne of ESPNLosAngeles.com tweets. However, the Cavs weren’t just looking for a straight salary dump and Shumpert is more valuable than Robert Sacre, who the Lakers would have included. Here’s more from around the Association..

The Nets and Thunder recently discussed a deal that would have involved Brook Lopez, Kendrick Perkins (and his expiring contract), Perry Jones, and Lance Thomas, but the Nets decided to stand pat as they liked what they were seeing, tweets Ohm Youngmisuk of ESPN.com.
The Rajon Rondo deal is looking pretty good for the Mavericks so far, writes Dwain Price of the Star-Telegram. Center Tyson Chandler and coach Rick Carlisle are among those over the moon with what Rondo has done in Dallas. The Mavs have won six of their last eight games, including their last five.
Sometimes, the best move is standing pat. The Warriors held on to budding star Klay Thompson rather than using him to get Kevin Love and that looks like a smart decision right now, as Jon Krawczynski of The Associated Press writes. Many were surprised at the Warriors’ decision, but it’s one that had the full support of coach Steve Kerr.”For me as a new coach, what I saw was maybe the best backcourt in the NBA and a chance to keep the group together,” Kerr said. “And that’s pretty powerful, especially when you know you’re already pretty good.”
Yannis Koutroupis of Basketball Insiders won’t rush to judge Bucks center Larry Sanders. While speculation flies about his situation, Koutroupis notes that Sanders has worked hard at his craft and has even independently trained in the offseason to work on some lagging aspects of his game. Earlier tonight, agent Happy Walters denied the report indicating that his client wants to walk away from basketball, so it will be very interesting to hear from Sanders himself.

Cavs, Knicks, Thunder Complete Three-Way Deal

January 5th, 2015 at 9:56pm CST by Zachary Links

9:56pm: The Thunder, Cavs, and Knicks all announced the deal via press release.

“Dion Waiters is a player that we’ve tracked and liked since his time at Syracuse, in the NBA, and with USA Basketball. Dion provides another proven scorer that positively impacts our roster and adds depth and flexibility,” said Presti in OKC’s release. “We have a lot of respect for his toughness and competitiveness, and believe that he is a physical playmaker who will enhance the versatility of our team. We are excited to welcome Dion to Oklahoma City and the Thunder organization.”

The Thunder’s draft pick being conveyed is protected 1-18 in 2015 and 1-15 in 2016 and 2017, respectively, according to the release from the Thunder. Should the pick not convey during this period, Oklahoma City would send the Cavs its second round draft picks in 2018 and 2019.

The Knicks’ release also makes it official that Dalembert has been waived.

8:26pm: The Knicks will receive Thomas, Amundson, and Kirk in the deal but will only keep Thomas, according to Howard Beck of Bleacher Report (via Twitter). The Knicks will also waive Dalembert.

The Cavs are sending their 2019 second-round pick to the Knicks, sources tell Brian Windhorst and Marc Stein of ESPN.com. The duo hears that team officials spoke with LeBron James about his willingness to play alongside Smith before executing the deal.

Even though the deal weakens the Knicks in the short-term, Beck (link) hears that the Knicks are not giving up on the season. The Knicks plan on making more moves between now and the February trade deadline.

At present, it appears that the deal will have Waiters going to the Thunder, Shumpert and Smith going to the Cavs, and Thomas, Amundson, and Kirk going to the Knicks. In addition, the Cavs will receive a future first-round pick from the Thunder and the Knicks will get the Cavs’ 2019 second-round choice.

Waiters has been the subject of trade talks for some time and the Cavs were reportedly telling teams around the league that they’d be willing to part with him. Cleveland wanted Grizzlies big man Kosta Koufos, who would fit the bill as the “difference-making center” they were after, but they have found another deal in this proposed three-way swap. Waiters, 23, has averaged 10.5 PPG, 2.2 RPG, and 1.7 RPG – all career lows – through 33 games this season. The former No. 4 overall pick was reportedly being shopped in August as well, but the Cavs couldn’t find a suitable deal. Waiters might not be the most complete player in the NBA, but he is a scoring threat and should add lots of punch for OKC off of the bench.

The Knicks wanted to trade Smith more than anyone else, according to a December report from ESPN.com’s Chris Broussard. In fact, the Knicks have been huddling up internally for some time to figure out how they could move the polarizing guard. There hasn’t been much trade buzz surrounding Smith in recent weeks, but the Knicks were able to find a taker in tonight’s three-team blockbuster. The 29-year-old New Jersey native is averaging 10.9 PPG, 3.4 APG, and 2.4 RPG this season. The scoring output is his lowest since his sophomore season in 2005/06. His PER rating of 11.7 – a career low – tells a more complete story of his struggles this season. Thanks to his 15% trade kicker, Smith will collect on something of a belated Christmas bonus.

Shumpert, 24, has been a mainstay on Hoops Rumors and on the back pages of the New York tabloids for the last two seasons. The Knicks might not have been intent on moving Shumpert, but by including him they were able to move both his salary and Smith’s without taking much back. The combo guard is averaging 9.3 PPG, 3.4 RPG, and 3.3 APG in 26 minutes per contest this season. Shump is also headed towards restricted free agency this offseason and the Knicks, ostensibly, weren’t going to make a big play to retain him.

The Knicks didn’t add much in terms of assets, but they have greatly improved their financial situation by moving Smith’s substantial contract. The guard is making nearly $6MM this season and he holds a player option worth nearly $6.4MM for 2015/16. It’s possible that the shooting guard could turn down the option in order to seek a more lucrative multi-year deal, but that’s not a risk that Phil Jackson & Co. were willing to take. Beyond the financial benefit of moving Smith’s deal, the Knicks are also moving a player who might not be a wonderful locker room presence.

Western Notes: Lakers, Suns, Thomas

November 14th, 2014 at 8:32pm CST by Eddie Scarito

The Lakers will keep their first-round pick only if it falls within the top five selections, but GM Mitch Kupchak says his team will never attempt to engineer a poorer record, as he tells Baxter Holmes of ESPNLosAngeles.com. “It’s a lottery,” Kupchak said. “It doesn’t mean anything. I mean, last year, we got the seventh pick in the draft, and to me, it felt like we lost every game. I don’t know how you lose more games to try to get a better pick. I just don’t know how you do it.”

Here’s more from out west:

With three starting-caliber point guards on the Suns’ roster, head coach Jeff Hornacek is forced to juggle rotations on a nightly basis, Tim Bontemps of The New York Post writes. “It hasn’t been tricky to navigate the [who is] playing part of it, because the guys that are playing well, we just keep them in,” Hornacek said. “Sometimes guys want to have their guaranteed minutes, and sometimes you can do that, but that’s where the tricky part comes.” One thing making it easier on the team is Eric Bledsoe‘s contract situation being sorted out, notes Bontemps. Now that Bledsoe is signed long-term Hornacek doesn’t need to worry about giving him extra minutes as an incentive to stay in Phoenix, Bontemps adds.
With the Lakers off to a 1-7 start it looks increasingly likely the franchise will get to keep its 2015 first-rounder. Kevin Pelton of ESPN.com (Insider subscription required) analyzes the Lakers’ chances of not having to relinquish their much-needed draft pick to Phoenix.
The Thunder have unearthed a gem in the form of Lance Thomas, who made Oklahoma City’s regular season roster despite incredibly long odds, Darnell Mayberry of The Oklahoman writes. With all of the early season injuries the team has faced, Thomas’ versatility and work ethic have been invaluable, Mayberry adds.

Chuck Myron contributed to this post.

And-Ones: Teague, Thomas, Free Agents

October 24th, 2014 at 10:29pm CST by Eddie Scarito

The trade that sent Marquis Teague to the Sixers in exchange for Casper Ware allows the Nets to create a $1,120,920 trade exception equivalent to Teague’s salary. The Sixers, who are well under the cap, can’t create an exception since exceptions, by definition, are only available to teams above the cap.

Here’s more from around the league:

The NBA’s new $24 billion dollar TV deal will bring with it a number of problems, Sam Amick of USA Today writes. With the salary cap expected to increase significantly, the owners likely will try to push for a hard cap during the next CBA negotiations, though commissioner Adam Silver tried to downplay that as not being a make-or-break demand, notes Amick.
The Thunder have informed Lance Thomas that he will make the team’s regular season roster, Shams Charania of RealGM reports (Twitter link). Thomas is the only player remaining on the team whose contract isn’t at least partially guaranteed after Oklahoma City waived Michael Jenkins, Richard Solomon and Talib Zanna earlier today.
Agents are optimistic about next summer’s free agent market, as Sean Deveney of The Sporting News hears. One agent explained to Deveney that he’s confident teams will spend more freely because they know a massive influx of TV money is on its way eventually, even if the league doesn’t work some of the forthcoming revenue into the salary cap for 2015/16. The league’s $66.5MM cap projection is a conservative one, as Deveney writes, having heard from a GM who thinks the cap could go as high as $72MM.

Chuck Myron contributed to this post.

Thunder Cut Jenkins, Solomon, Zanna

October 24th, 2014 at 4:24pm CST by Chuck Myron

The Thunder have waived camp invitees Michael Jenkins, Richard Solomon and Talib Zanna, the team announced via press release. All three were on non-guaranteed contracts. The moves leave Oklahoma City with 15 players, including a non-guaranteed pact with Lance Thomas. A report earlier this week indicated the team planned to keep only 14 players for opening night, but it appears the Thunder have changed plans, as they’ll keep Thomas into the regular season, tweets Shams Charania of RealGM. That’s perhaps because Anthony Morrow has a sprained left MCL, an injury that typically takes four to six weeks to heal, according to Royce Young of ESPN.com (Twitter links).

Jenkins joined the Thunder in late September after agent Daniel Moldovan had said earlier in the summer that the shooting guard would instead be in Nets camp. The 28-year-old who was on his first NBA contract after going undrafted out of Winthrop in 2008 put up 6.0 points in 17.5 minutes per game in seven preseason appearances with Oklahoma City.

Solomon, a power forward, put up 4.7 PPG in 11.9 MPG in three preseason appearances this month after going undrafted out of Cal in June. Zanna, another power forward, showed his strength on the boards, posting 4.4 PPG and 5.0 RPG in 17.4 MPG across seven exhibitions. He was an undrafted free agent who came out of Pittsburgh this year and played with the Sixers in summer league.

And-Ones: Thunder, Raptors, D-League

October 23rd, 2014 at 10:21pm CST by Eddie Scarito

Although the Thunder have sustained a rash of injuries, the team will only keep 14 players on the roster, writes Anthony Slater of The Oklahoman. Slater also notes that Michael Jenkins, Richard Solomon, Talib Zanna and Lance Thomas have all played vital roles in the preseason, yet it is unlikely any of them force the team to consider filling their 15th and final regular season roster spot before opening night.

Here’s more from around the league:

The Raptors still have 17 players on their preseason roster, and haven’t decided on who will make the final cut. Head coach Dwayne Casey said the final roster decisions would come down to the wire, Jay Satur of NBA.com reports.
The Wizards signing of Paul Pierce was a short-term fix with the franchise hoping that Otto Porter can develop into a valuable contributor in the coming season, Alex Kennedy of Basketball Insiders writes. With the injury to Bradley Beal, and with Trevor Ariza departing as a free agent to Houston, Porter may be called upon to log heavy minutes early in the season.
Pistons coach Stan Van Gundy is against maximum individual salaries for NBA players, writes David Mayo of MLive. “If it were more of a free-market system, I think things would change,” Van Gundy said. “I think you’d see greater parity in the league — especially having the (salary) cap and no individual max.”
Teams are finding ways to get around the D-League’s individual maximum salary restrictions to entice players to sign with their affiliates, writes Amin Elhassan of ESPN.com (Insider subscription required). This preseason, many NBA teams have signed players to their active roster only to release or waive the player shortly thereafter. By doing this, the team obtains the player’s D-League rights and the player can sign a partially guaranteed contract that trumps the D-League maximum salary which is slightly less than $26K per year. Elhassan points out this loophole would motivate fringe NBA talent to play in the D-League rather than take international offers.
Jason Jones of The Sacramento Bee (Twitter links) disputes the notion that the Kings had interest in Jordan Crawford prior to him heading over to China to play. The two sides never had serious discussions, and if Sacramento was interested in signing a veteran shooting guard they would have preferred MarShon Brooks, who played well for them in Summer League, Jones notes.

Chris Crouse contributed to this post.