Lauri Markkanen

The Complexities Of The Lauri Markkanen Situation

On the surface, the Lauri Markkanen situation in Utah looks relatively straightforward.

The Finnish forward is a star on an expiring contract playing for a team very much still in a rebuilding stage. The Jazz will have to make a decision that lottery teams face all the time. Does it makes more sense to trade Markkanen now in order to bottom out ahead of the 2025 draft and ensure they don't lose him later for nothing, or to hang onto the 27-year-old and attempt to sign him long-term to make him part of the core moving forward?

It's not simply a matter of choosing one course or the other though. A confluence of factors, such as the Jazz's $30MM+ in cap room, Markkanen's contract situation (including an unusually low cap hit for a former All-Star), and a series of rules in the NBA's Collective Bargaining Agreement, create added complications.

The Jazz will have decisions to make beyond just whether or not to trade Markkanen. He, in turn, will face decisions of his own, as soon as next week.

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Jazz Rumors: Markkanen, Lineup, Collins, Clarkson

Jazz forward Lauri Markkanen will become eligible to renegotiate and extend his contract on August 6. Signing on that day would make him ineligible to be traded for six months, with the trade restriction lifting on the day of the 2025 trade deadline (February 6).

Making a Monday appearance on The Drive with Spence Checketts on ESPN 700 in Salt Lake City (audio link), Tony Jones of The Athletic explained why he’s not counting on an Aug. 6 announcement.

“I would expect him to sign on August 7th, or after August 6th,” Jones said (hat tip to HoopsHype). “Lauri doesn’t want to be traded, so if he signs the renegotiation and extension, which I expect him to do, I expect him to do it after August 6th so there’s no trade talk this year. I don’t even think him signing on August 6th is even that much of an option. We’re almost 100% trending towards him signing on August 7th.

“Lauri has really taken to Utah. His family has taken to Utah. Obviously the Jazz can trade him between now and August 6th, and Lauri knows that, but Lauri has forged a really close relationship with (head coach) Will Hardy. And Will Hardy has really found a way to unlock his career in a manner that hasn’t been accomplished before. Lauri really recognizes that, understands that, and appreciates that. He wants to be a part of the rebuild.”

Jones confirms that the Jazz explored making “win-now” transactions at the start of the offseason, including pursuing Mikal Bridges. After those moves didn’t come to fruition, the expectation was that Utah might pivot to a more full-fledged rebuild by trading Markkanen. But Jones says the Jazz believe the 27-year-old’s game will age well and that he should still be in his prime when the team is ready to contend again.

“The likely scenario is Lauri signs on August 7th, the Jazz prioritize the young guys during the season, and they try to enter the Cooper Flagg sweepstakes in the draft in 2025,” Jones said.

Here are a few more highlights from Jones’ ESPN 700 radio appearance:

  • Later in his conversation with Checketts, Jones stressed that he doesn’t believe a Markkanen trade is likely to happen this offseason. Asked to rate the odds of a deal on a scale from one to 10, Jones said he’d “probably put it at a two” for the time being. “I think we’re trending toward the Jazz not trading Lauri,” he said. “I don’t think that there’s a package out there that they’re overly interested in.”
  • Asked what it would look like for the Jazz to “prioritize the young guys” in 2024/25, Jones said he expects the team to start Walker Kessler over John Collins at center while also potentially starting Keyonte George at point guard and Taylor Hendricks at power forward (with Markkanen at the three). Jones added that he could see 2024 lottery pick Cody Williams playing double-digit minutes “from day one.”
  • According to Jones, making sure the Jazz keep their top-10 protected 2025 first-round pick and end up in the top half of the lottery figures to be a priority for management. “I think that the front office is going to go into this with the mindset of, ‘We have to do anything we can to get a top-five pick in this draft,'” Jones said. “I believe that if the Jazz accomplish that, I think any of the top five picks in next year’s draft is a guy with franchise-level talent. … I think the Jazz realize how good this draft is. And I think they are going to act accordingly, whether they have Lauri on the roster or not.”
  • Jones thinks the Jazz would have liked to move Collins and/or Jordan Clarkson this offseason, but acknowledges that both veterans will probably open the season on the roster since they haven’t generated real interest on the trade market. “You can’t trade people if there aren’t people who want to trade for them,” Jones said. “John makes a little bit too much money. I don’t anticipate the Jazz being able to trade him until the last year of his contract. Jordan Clarkson is the one that surprises me because I thought he’d have a lot more of a market this summer, but it just hasn’t materialized.”

Joe Lacob Reluctant To Trade Jonathan Kuminga, Brandin Podziemski

The Warriors are rumored to be among the teams with the most interest in trading for Jazz forward Lauri Markkanen, but team owner Joe Lacob tells Tim Kawakami of The Athletic that it would be difficult to part with either Jonathan Kuminga or Brandin Podziemski in any deal. Lacob says teams have inquired about both players, but he sees them as future franchise cornerstones.

“We’re extremely high (on Podziemski),” Lacob said. “By the way, so are a lot of other teams that are interested. We get a lot of calls on both him and JK. We do on Moses (Moody), as well, by the way. … I do believe that if you talk about Podz in particular, I said it at the Summer League, I think he has the potential to be an All-Star in this league. And I absolutely believe it. And so does everyone in our organization. I think that JK is in the same boat. He has the potential to be an All-Star in this league. The potential.”

Podziemski showed he was ready for a rotation role in his first season, averaging 9.2 points, 5.8 rebounds and 3.7 assists in 74 games and finishing fifth in the Rookie of the Year voting. Kuminga, who is extension-eligible this summer, has taken longer to develop his game, but he’s coming off a breakthrough season with career highs in virtually every category.

A recent report stated that Golden State hasn’t included Podziemski or Kuminga in its offer for Markannen, instead centering the package around Moody, other contracts and draft assets. That hasn’t been enough to sway Utah, which may not feel a need to move Markkanen before he becomes eligible to renegotiate and extend his contract on Aug. 6.

“I’m not going to get into specifics like that, there’s no way,” Lacob replied when asked if he would be willing to deal Podziemski. “(But) I don’t want to give him up, or JK. We love these guys. And Moses, Trayce (Jackson-Davis). These are good young players.”

Lacob offers more insights in the wide-ranging interview:

On a possible deal with Stephen Curry, who is eligible for a one-year, $62.6MM extension this summer that would push his contract through the 2026/27 season:

“We have not discussed it. He’s busy right now and he should stay busy and focused on that with the Olympics. But if he wants to talk about that, that’s up to him. He’s not said that at all, but if he wants to, we’ll certainly entertain that discussion. … Let’s put it this way, Steph Curry I fully anticipate he’ll be a Warrior for life. I thought Klay (Thompson) was going to be, too, but I was wrong.”

On Curry’s recent comments that he wouldn’t want to stay with the Warriors if they were to become a “bottom feeder”:

“From what I’ve heard, all he said was what you’d expect, I’d think, which is, ‘I want to win.’ And if we were a really bad team, I guess he would rethink, you know, whether he really wanted to finish his career here. But he didn’t expect — that’s not the case and he didn’t expect that to be the case. And certainly from any conversations I’ve had with Steph, and I’m pretty close to Steph, we talk a lot. I think we have a great relationship. I think he’s very comfortable with the path of the franchise and how hard we do try to put a great, as good a product on the court as we can.”

On the loss of Thompson, who had been an important part of the franchise since being drafted in 2011:

“To be frank and honest, Klay made the decision prior to the beginning of free agency and he informed us of it that his intention was to not come back. … He called me and said the same things you heard (at Klay’s Dallas news conference). Klay is an open book. He felt he needed for a variety of reasons to have a fresh start. I would love if Klay had been a Warrior for life. And under a fair and equitable basis, we wanted to try to achieve that very badly. We did achieve it with Draymond (Green) (last summer), a different situation. Steph’s under the contract. So we felt we on a path to do that. It just didn’t work out. … And we had to move on and accept that.”

Stein’s Latest: Kuminga, Podziemski, Markkanen, Jones, Thibodeau, Dinwiddie, Morris

There’s a growing belief in league circles that the Warriors are more willing to trade Jonathan Kuminga than Brandin Podziemski in a blockbuster deal for Lauri Markkanen or another impact player, Marc Stein reports in his latest Substack notebook.

Rumors of Golden State’s interest in Markkanen have been floated for weeks. According to Stein’s sources, the Jazz have enough interest in a package of Podziemski and future draft compensation that they could move Markkanen before Aug. 6, when Markkanen becomes eligible to renegotiate and extend his contract. He has an expiring $18MM deal.

The Warriors are reluctant to part with Podziemski not only because of how highly they value his on-court contributions but also for financial reasons. He has three years left on his rookie contract while Kuminga is eligible for a rookie scale extension this offseason. Any raise for Podziemski wouldn’t come onto the books until the contracts of Draymond Green and Andrew Wiggins expire in the summer of 2027.

Cade Cunningham, Evan Mobley, Scottie Barnes and Franz Wagner — members of the same rookie class as Kuminga — have all signed max extensions. It’s unlikely Golden State will make that type of offer to him, but he’s due for a large raise.

It remains to be seen if adding Kuminga to a trade package would move the needle for Utah’s front office. Thus far, Golden State’s offers for Markkanen have centered around a combination of Moses Moody and other contracts, plus draft compensation, without including Podziemski or Kuminga, Stein adds.

The Warriors wouldn’t be able to immediately extend Markkanen since renegotiation-and-extension scenarios are only available to teams with cap space. But their continued interest in him suggests they’re confident they can lock him up long-term next offseason if they acquire him.

Here’s more from Stein:

  • Carlik Jonestriple-double for South Sudan against Team USA could lead to renewed interest from NBA teams. Jones recently signed a two-year deal with Serbia’s Partizan Belgrade but the contract includes an NBA escape clause, valid through Thursday. Jones was the NBA G League MVP for the 2022/23 season, when he had a two-way deal with the Bulls. Last season, Jones played in China for the Zhejiang Golden Bulls.
  • Expect a contract extension for Knicks coach Tom Thibodeau in the near future. Thibodeau would be entering the final season of his original five-year contract without an extension but he’s expected to sign a new deal with a value of at least $10MM annually.
  • The Mavericks have a roster opening and they’re interested in re-signing Spencer Dinwiddie. Two other guards, Dennis Smith Jr. and Talen Horton-Tucker, are also under consideration but Dinwiddie is believed to be the team’s top choice. They’re also interested in retaining forward Markieff Morris, who is considered a lock to return, says Stein.

Pacific Notes: T. Jones, Clippers, Podziemski, Gillespie

A report last week from Michael Scotto of HoopsHype indicated that the Clippers had sign-and-trade interest in free agent point guard Tyus Jones.

However, Law Murray of The Athletic (Twitter links here) has heard differently, stating the team was “never” focused on the 28-year-old, and with Kris Dunn coming aboard, L.A. is no longer viewed as even a long-shot destination for Jones. According to Murray, the Clips are not interested in Jones “in any capacity.”

As Murray explains, the Clippers always planned to acquire Dunn, it just took a few weeks to come together. Murray suggests the rumor may have come from Jones’ camp, as he’s still seeking a new contract nearly three weeks into free agency.

Here’s more from the Pacific:

  • In part due to his strong play as a rookie and in part due to his team-friendly contract, which will pay him $3.5MM, $3.7MM and $5.7MM over the next three seasons, Brandin Podziemski holds more value to the Warriors than he would to most other teams, as Anthony Slater of The Athletic writes. “I think I can get (to an All-Star level),” Podziemski has said. “I’m never gonna just settle for being a role player.” Shams Charania of The Athletic recently reported that Podziemski’s potential inclusion in a deal for Lauri Markkanen has been a sticking point in negotiations between Golden State and Utah. According to Slater, Podziemski isn’t off limits in trade talks, but the Warriors place a high value on what he brings to the table, both in the short and long term.
  • Former Nuggets guard Collin Gillespie landed with the Suns on a two-way deal this summer. He views Phoenix as a “really good opportunity” to earn minutes at point guard, he told Duane Rankin of The Arizona Republic. “I feel like I’m an elite shooter,” Gillespie said. “I can run the point guard position really well, get guys shots, especially the guys who I’ll be playing with (Kevin Durant, Devin Booker, Bradley Beal). They’re elite scorers. Just find them in spots for them to score and have the best opportunity to help us win.”
  • Gerald Bourguet of PHNX Sports takes an in-depth look at Gillespie’s game, exploring the 25-year-old’s strengths and weaknesses and discussing whether it’s reasonable to expect the former Villanova standout to play rotation minutes in 2024/25.

Western Notes: Markkanen, Warriors, Podziemski, Strawther, Holmes, Clippers

After sharing some reporting on Monday about the trade talks between the Warriors and Jazz concerning star forward Lauri Markkanen, Shams Charania of The Athletic appeared on SiriusXM NBA Radio later in the day to provide some additional insight into where things stand between the two Western Conference clubs.

“I don’t think (the Jazz) want to move Lauri Markkanen,” Charania said (Twitter video link; hat tip to Ali Thanawalla of NBC Sports Bay Area). “But if the Golden State Warriors put in a Brandin Podziemski and – from what I’m told – three first-round picks, three or four unprotected pick swaps, three or four second-round picks…”

Asked at that point if Jonathan Kuminga is a player the Jazz are seriously pursuing in their discussions with the Warriors, Charania’s downplayed the forward’s importance in getting a deal done, suggesting that Kuminga – who is eligible for a rookie scale extension this offseason – isn’t as high a priority for Utah as Podziemski is.

“From everything I’ve been told, the Jazz are more focused on Brandin Podziemski and his inclusion in the deal (and) all the picks being in the deal,” Charania said. “And I think from the Warriors’ perspective, (if) it’s Podziemski, then there’s not all the picks, and if it’s all the picks, then there’s not going to be a Podziemski.

“… Both sides are kind of entrenched right now at where they’re at. (I’m not) saying nothing is going to change. Only time will tell. But I think the Jazz are very comfortable with extending Lauri Markkanen, and at that point you’ll see more suitors potentially as well in on him — not just teams that feel like, ‘OK, we’ll be able to re-sign him.”

As we’ve previously outlined, Markkanen becomes eligible on August 6 for a renegotiation and extension. If the Jazz extend him on that day, he would become trade-eligible on February 6 – the day of the 2025 trade deadline – whereas if he were to sign an extension on August 7 or later, he would be ineligible to be dealt until the 2025 offseason.

Here’s more from around the West:

  • Tim Kawakami of The Athletic takes a look at where things stand for the Warriors after an eventful few weeks, noting that – with Klay Thompson and Chris Paul gone – Podziemski could have a chance to become the starting shooting guard and Stephen Curry‘s primary backup at point guard. As Kawakami observes, given the significant role the 21-year-old may play in Golden State going forward, it’s no surprise the team would prefer to keep him out of an offer for Markkanen.
  • Despite dealing with a sore right ankle, second-year Nuggets forward Julian Strawther has been a Summer League standout, averaging 28.5 PPG with a .409 3PT% in two games in Las Vegas. Strawther averaged just 10.9 MPG across 50 appearances as a rookie, but teammate Peyton Watson is optimistic that the 2023 first-rounder will play a larger role in 2024/25. “He obviously has a gift shooting the rock,” Watson told Bennett Durando of The Denver Post. “He’s a big-time shooter. That’s gonna be big for us this coming year. I’m super excited for him. He already showed flashes of what he can do this season, and he’s had some big games for us already. So I expect him to have plenty more, and I can’t wait to play a lot more with him.”
  • The Nuggets confirmed in a brief announcement on Monday that rookie forward DaRon Holmes has undergone a surgical repair of his right Achilles tendon. The team didn’t provide a specific recovery timeline for Holmes, but the expectation is that he’ll miss the entire 2024/25 season after tearing his Achilles in his Summer League debut.
  • The Clippers will return to Seattle for a third consecutive preseason, having announced on Monday in a press release that they’ll host the Trail Blazers on October 11 at Climate Pledge Arena.

Charania’s Latest: Markkanen, Warriors, Ingram, Bucks, Trent, Westbrook, More

The Warriors have been the “most engaged” trade suitor for Jazz forward Lauri Markkanen this offseason, but the two teams are divided on what a potential Golden State package would look like, writes Shams Charania of The Athletic.

According to Charania, the Warriors have discussed an offer that would center around Moses Moody and a number of draft assets, including multiple first-round picks, multiple second-rounders, and multiple pick swaps. However, Utah has sought “the bulk of young talent and capital” Golden State controls, including Brandin Podziemski and Jonathan Kuminga in addition to Moody and draft assets. Sources tell Charania that idea has been a “non-starter” for the Warriors.

Pelicans forward Brandon Ingram is another notable name still on the trade market, but teams around the league believe his market is limited, according to Charania, since some potential suitors (including the Kings and Spurs) made moves for other forwards and most other teams aren’t looking to make a major trade at this point in the offseason. If the market for Ingram remains quiet, New Orleans could assess its current group to open the regular season before deciding whether a trade is necessary, Charania suggests.

With most of the NBA’s other teams focused on tweaking their rosters around the edges, one high-ranking team official told Charania, “It might be one of the more quiet summers.”

Here’s more from Charania:

  • The Bucks are in the market for help at shooting guard and are among the contending teams pursuing Gary Trent Jr., sources tell The Athletic. However, due to its proximity to the second tax apron, Milwaukee is limited to a minimum-salary offer, and one recent report suggested that Trent isn’t interested in accepting a minimum deal. The Bucks are hosting a free agent workout this week in Las Vegas, Charania notes, with Will Barton expected to be among the participants.
  • While there has been no action on the Russell Westbrook front as of late, the Clippers and the former MVP still plan to part ways this offseason, says Charania. The Nuggets are considered the favorites to sign Westbrook if he reaches free agency, Charania adds, but Los Angeles is still discussing possible trades.
  • The Grizzlies are exploring trade possibilities involving former lottery pick Ziaire Williams, sources tell Charania. The Grizzlies aren’t far from the luxury tax line and will likely have to shed some salary if they want to use their full mid-level exception or re-sign Luke Kennard while staying out of tax territory.

Warriors Showing Patience In Pursuit Of Lauri Markkanen

The Warriors haven’t given up in their pursuit to acquire Jazz forward Lauri Markkanen but they’re willing to wait and see how the process plays out, Anthony Slater of The Athletic reports.

Markkanen, who has an expiring $18MM contract, becomes extension-eligible on Aug. 6. From what Slater is hearing, the Jazz plan to renegotiate-and-extend Markkanen by using their remaining cap space.

If Markkanen signs that type of contract on that date, he would still be eligible to be traded at the February deadline. However, if he signs any time after that (beginning on Aug. 7), he’d be ineligible to be dealt during the season due to the league’s six-month trade restriction on renegotiated contracts. That provides some extra leverage for Markkanen, which could dictate whether he gets moved this offseason to the Warriors or another suitor.

The Kings made a strong push to acquire Markkanen last week but they were unwilling to give up Keegan Murray in a proposed deal. Instead, they made a substantial picks-based offer. They put a deadline on pursuing a trade with Utah and the Jazz didn’t meet it, so Sacramento pivoted to a sign-and-trade for DeMar DeRozan.

The Warriors don’t feel that type of urgency, Slater continues. They’re comfortable with the 14-man roster they current have with the free agent additions of De’Anthony Melton, Kyle Anderson and Buddy Hield. There’s no room financially under the hard cap to fill the 15th spot.

Golden State appears, on paper, to need one more impact player to be a legitimate contender again. But Slater’s sources tell him that the front office and ownership don’t feel compelled to make that type of move right away unless the right opportunity comes along. It’s also noted that the front office is increasingly willing to add future first-round picks and make pick swaps in trade offers.

The Warriors are currently below the tax aprons but above the tax line. Owner Joe Lacob is still willing to spend to remain competitive.

Lindy Waters III and Gui Santos have non-guaranteed deals but the Warriors currently plan to keep both of those reserves. Second-round pick Quinten Post is expected to sign a two-way contract, Slater adds.

Kings Notes: Monk, DeRozan, Triano, Markkanen

Malik Monk might have found a better offer on the open market but he was content to stay with the Kings on a four-year, $78MM contract. Monk choose comfort over a few more dollar signs.

“It just felt right. Everything felt right,” Monk told Jason Anderson of the Sacramento Bee and other media members. “I don’t go anywhere and feel uncomfortable. I go everywhere and feel comfortable, and that’s a home, I feel like, so I’m back.”

Monk might have received close to $25MM per year and a starting role with some teams. Instead, he’ll likely resume his role as sixth man on the Kings. Monk informed the team 10 days before free agency began that he was staying put.

“Being a team player,” Monk said. “I could have took my money somewhere, but it felt like home here. Letting the organization know early was the least I could do, for sure, because we need a few more pieces and they’re looking for a few more pieces, so I think they’re doing their job.”

We have more on the Kings:

  • The Athletic’s John Hollinger is conflicted over the Kings’ decision to pursue a sign-and-trade for DeMar DeRozan. The addition of DeRozan probably doesn’t vault them into the top five in the Western Conference, even during the regular season, Hollinger opines. However, they’re too good to tank, so there’s nothing wrong with upgrading the team methodically for a future run at the title.
  • The team’s recruitment of DeRozan included having Jay Triano, the Kings’ lead assistant coach and DeRozan’s first NBA head coach, at the airport, according to The Athletic’s Anthony Slater. De’Aaron Fox also played a key role in DeRozan’s recruitment. DeRozan agreed to a three-year, $74MM deal with the third season partially guaranteed.
  • In the same story, Slater notes that the Kings made a strong pitch early last week to acquire the Jazz’sLauri Markkanen in a trade. However, they were unwilling to give up Keegan Murray in a proposed deal. Instead, they made a substantial picks-based offer. They put a deadline on pursuing a trade with Utah and the Jazz didn’t meet it. There’s growing skepticism league-wide that Jazz executive Danny Ainge will actually move Markkanen, Slater adds.

Trade Rumors: Markkanen, DeRozan, Young, Cavaliers

The Jazz continue to listen to trade offers for Lauri Markkanen, according to ESPN’s Zach Lowe (subscriber link), who hears from sources who say the Heat are among the teams interested in the star forward.

As Lowe writes, Markkanen’s situation is complicated because he’s on a below-market contract that will pay him $18MM in 2024/25, which is the final season of his contract. That makes a standard contract extension – which can’t start above 40% of his current salary – unlikely. Rival teams may not be willing to give up a major haul of assets with no guarantees that the 27-year-old would stick around beyond next season.

Utah could potentially get more value in return for Markkanen in several months if the team renegotiates and then extends his contract. However, that scenario is also tricky.

As Marc Stein details (Substack link), Markkanen becomes eligible for a renegotiation and extension on August 6, but he won’t be trade-eligible for six months if he signs a new deal. That means if he signs the extension on the first day he’s eligible to, he would only be eligible to be traded for one day during the season: February 6, the day of the deadline. If the extension is signed on August 7 (or later), Markkanen would not be eligible to traded during the upcoming season.

While it’s not surprising that the Heat have shown interest in the Finnish star, Barry Jackson of The Miami Herald casts doubt (via Twitter) on the feasibility of the team actually acquiring him. As Jackson notes, Utah has placed a high asking price in previous talks with Miami, which lacks future first-round picks to offer.

One team interested in Markkanen seems confident that he’ll eventually be traded, per Stein. Utah’s own 2025 first-round pick is top-10 protected, so the Jazz could be incentivized to tank ahead of a strong draft class. Utah has also struggled to acquire a second star to build the roster around him.

Here are some more trade rumors from around the NBA:

  • The Kings appear to be the frontrunner to acquire DeMar DeRozan in a sign-and-trade with the Bulls, according to ESPN’s Adrian Wojnarowski, who made the comments on SportsCenter (Twitter video link; hat tip to RealGM). However, Wojnarowski said a third team would likely to be need to be involved to absorb salaries, as Chicago is reluctant to add to its payroll. A six-time All-Star, DeRozan remains the top free agent left on the market.
  • According to Lowe, the trade market for Hawks point guard Trae Young “is as chilly as it has ever been.” Sources tell Lowe that the Spurs and Lakers — two teams linked to Young — haven’t expressed much recent interest in the three-time All-Star. Lowe says San Antonio appears unmotivated to help Atlanta regain control of its own first-round picks in a deal for Young.
  • Lowe hears rumors of Darius Garland potentially requesting a trade from the Cavaliers following Donovan Mitchell‘s extension have “quieted,” which confirms a report from his ESPN colleague Brian Windhorst. According to Lowe’s sources, the Cavs are still on the hunt for a 3-and-D wing, with Nets forwards Cameron Johnson and Dorian Finney-Smith worth monitoring, though Cleveland only has one tradable first-round pick (2031). Stein has also heard that center Jarrett Allen will likely be difficult to acquire after Kenny Atkinson was hired as head coach, which means the Cavs could have the same core together entering next season.