Lauri Markkanen

Lauri Markkanen A Candidate For Renegotiation In 2024

Jazz forward Lauri Markkanen is a player to keep an eye on as a strong candidate for a contract renegotiation and extension in 2024, according to Michael Scotto of HoopsHype. Scotto made his comments on Markkanen during a podcast with HoopsHype colleague Yossi Gozlan, who said he’d be surprised if the 26-year-old’s contract isn’t renegotiated and extended next offseason.

An NBA team can’t renegotiate a player’s salary downward, but is allowed to use cap room to give him a raise for the current season, as the Jazz did with Jordan Clarkson earlier this month. The club can then negotiate an extension based on that newly renegotiated cap hit, giving him a first-year salary worth as much as 140% of that amount (up to the player’s maximum salary).

Markkanen will earn approximately $17.26MM in 2023/24 and $18.04MM in ’24/25. Under the NBA’s veteran extension rules, he’d be eligible next offseason for a four-year extension worth approximately $113MM, including a 40% raise to $25.26MM for ’25/26.

Renegotiating Markkanen’s contract using cap room to give him a raise in 2024/25 would allow the Jazz to increase their extension offer well beyond $113MM, putting them in a better position to lock up the Finnish star for the long term. Utah currently only projects to have about $99MM in salaries on its cap for ’24/25, and not all of that money is guaranteed, so the team would have plenty of flexibility to operate under the cap and give Markkanen a raise.

After being traded from the Cavaliers to the Jazz in the Donovan Mitchell blockbuster, Markkanen enjoyed a breakout season in Utah, earning his first All-Star nod and blowing away his previous career high by averaging 25.6 points per game in 66 contests (34.4 MPG). He posted an impressive shooting line of .499/.391/.875 and also grabbed 8.6 rebounds per night.

Markkanen will technically become extension-eligible this offseason, but the Jazz aren’t in position to renegotiate his contract yet, since they’ve used up their 2023/24 cap room. That means the most he could get on an extension prior to next offseason is $81.9MM over three years.

NBA contract renegotiations have typically been pretty rare, but they’ve enjoyed a renaissance within the last year. Clarkson, Domantas Sabonis (Kings), and Myles Turner (Pacers) have all renegotiated their contracts with their respective teams since January. Before that, no player had agreed to a renegotiation since Robert Covington in 2017.

Trade Rumors: Maxey, Lillard, Jazz, Heat

The Sixers‘ stance so far this offseason – as conveyed to multiple reporters – has been that Tyrese Maxey is off the table in trade talks, even for a superstar player. Discussing that subject on the latest Hoop Collective podcast, ESPN’s Brian Windhorst, Tim MacMahon, and Tim Bontemps expressed some skepticism about just how untouchable Maxey really is.

“They want you to know that you can’t have Tyrese Maxey,” Windhorst said. “Prime Michael Jordan is available? Don’t call. 25-year-old LeBron James is available? Lose our number. Giannis Antetokounmpo says, ‘I want to be a Sixer’? If Tyrese Maxey is the ask, just keep walking. … I don’t trust them at all on that, but I will say to you that is what is being said.”

While the Sixers are by no means looking to move Maxey, ESPN’s trio believes the front office’s stance on the young guard would be more malleable than what’s been reported if the team has a legitimate chance to acquire a star, including perhaps Trail Blazers guard Damian Lillard.

As Windhorst and Bontemps observe, while Philadelphia’s plan not to sign Maxey to a rookie scale extension is ostensibly about maximizing cap room in 2024, he would also be easier to trade if he’s not extended, since he wouldn’t be subject to poison pill provision rules in 2023/24.

Here are a few more trade-related rumors and notes:

  • Although he’s not reporting that any trade discussions have taken place with the Trail Blazers or that the Jazz will make a run at Lillard, MacMahon said on The Hoop Collective podcast that he has heard Utah is “intrigued by the possibility” of acquiring the All-Star guard, confirming previous reports. MacMahon, Windhorst, and Bontemps ultimately believe the Jazz aren’t ready to make significant deal for a win-now player who’s about to turn 33, but they note that Lillard has a connection to Utah, having played his college ball at Weber State, and the Jazz’s collection of future first-round picks would dwarf what Miami could offer.
  • At the trade deadline, the Jazz‘s position was that Lauri Markkanen, Walker Kessler, and Ochai Agbaji were their only players who were off the table in trade talks, according to MacMahon, who believes that if Utah did pursue a star this offseason, Markkanen and Kessler would be the only untouchables.
  • Appearing on NBA TV (Twitter video link), Ira Winderman of The South Florida Sun Sentinel says the Heat are willing to discuss anyone except their two All-Stars as they negotiate a possible deal with Portland for Lillard, who wants to play in Miami. “Put it this way, they basically have loaded up one of those PODS dumpsters in front of the Trail Blazers and said, ‘Take anyone out of here you want besides Bam Adebayo and Jimmy Butler,'” Winderman said. “Maybe they’ll go back and forth on Caleb Martin a little, but it’s basically, sort of, ‘Come and pick and choose. Tell us what you want. Anything else is yours.’ The Heat are all-in on this. This is their moment. There’s a reason they didn’t go hard after Bradley Beal. There’s a reason they held off on some other moves. This is their play.”

Northwest Notes: Higgins, Finch, Edwards, Jazz Offseason

The Jazz are hiring Rick Higgins as an assistant coach, Kelly Iko of The Athletic tweets. Higgins has been a member of Stephen Silas‘ staff with the Rockets since 2020. It’s part of a retooling of Will Hardy‘s coaching staff. Former Salt Lake City Stars head coach Scott Morrison was recently added to the staff.

We have more from the Northwest Division:

  • Chris Finch maintains strong support from the Timberwolves front office and key players, including Anthony Edwards, according to Chris Hine of the Minneapolis Star Tribune. Finch and his staff have done a good job developing the team’s young players, but he will be under pressure in his third season as head coach. He must find ways to generate more offense and improve the team’s rebounding, among other issues.
  • Speaking of Edwards, the Timberwolves star is expected to sign with global entertainment agency WME, Chris Haynes of Bleacher Report and TNT tweets. Edwards has reportedly committed to playing for Team USA this summer.
  • The Jazz will continue to focus on player development next season but their primary focus this offseason will be working on extensions for Lauri Markkanen and Jordan Clarkson, Yossi Gozlan of HoopsHype writes in his offseason primer. Clarkson holds a player option on his contract for next season, so he may be on track for free agency. The extension rules in the new CBA will make Markkanen eligible for a three-year, $81.9MM deal.

Northwest Notes: Jazz, Doncic, Markkanen, Murray, Roy

Is it within the realm of possibility that the Jazz could trade for Mavericks superstar Luka Doncic? Andy Larsen of the Salt Lake Tribune ponders that topic. Larsen confirms an earlier report the Jazz are keenly interested in Doncic. The Jazz would either have to deal All-Star Lauri Markkanen and a smaller assortment of picks and players, or give up a boatload of picks for Doncic, in Larsen’s estimation.

However, as Larsen acknowledges, Doncic would first have to request a trade and the Jazz’s draft assets from Cleveland and Minnesota aren’t all that attractive since both are playoff teams, though the Timberwolves could fall back to the lottery pack in the near future.

We have more from the Northwest Division:

  • Speaking of Markkanen, Sarah Todd of the Deseret News notes that he displayed star power in his first year with the Jazz. After his breakthrough campaign, Markkanen can still build on his game by improving his ball-handling, defense, footwork and aggressiveness, Todd writes.
  • Jamal Murray is officially listed as questionable to play in Game 1 of the Western Conference Finals on Tuesday due to a non-COVID illness. However, the Nuggets’ point guard intends to play, Harrison Wind of DNVR Sports tweets.
  • Former Trail Blazers star Brandon Roy will represent the team at the draft lottery on Tuesday. The Athletic’s Jason Quick writes that Roy, who retired at 28 due to knee issues, would like to return to the organization in an official capacity. “I do have confidence in myself in coaching, and I feel there is a lot I can offer,” Roy said. “But sometimes, I think about personnel, and what first, what works … and I think I’m good with chemistry and fit and understanding guys, so front office, scouting … or do something like Hersey Hawkins did when he was with the Blazers, mentoring and talking to guys. I’ve lived and experienced a lot of things, and I think I can help and give back to the younger players.’’

Northwest Notes: Alexander-Walker, Edwards, Markkanen, Jazz Staff

Nickeil Alexander-Walker was basically a throw-in to the deal that brought Mike Conley to the Timberwolves in February but he has emerged as a playoff starter, Chris Hine of The Star Tribune writes.

Alexander-Walker moved into a more prominent role after Jaden McDaniels broke his hand during the regular season finale. Alexander-Walker has shadowed Jamal Murray during a portion of the series against the Nuggets and contributed a couple of key three-pointers in Game 4. He’ll be a restricted free agent at the end of the season and hopes to stay with the Timberwolves.

“They gave me a chance,” he said of the Timberwolves. “I’ve been working very, very hard, relentlessly and sometimes I’m too hard on myself, for an opportunity. So for me to get that, I would love to come back. I believe in this group. Believe that we can figure it out together and do something special.”

We have more from the Northwest Division:

  • Anthony Edwards carried the Timberwolves to an overtime victory in Game 4 with 34 points but he wasn’t impressed with himself, ESPN’s Andrew Lopez relays. “I played terrible if you ask me,” Edwards said. “I took three bad threes, three terrible possessions, and I (darn) near shot us out the game. I didn’t play that good.”
  • After being named the league’s Most Improved Player, Jazz forward Lauri Markkanen wants to find more ways to improve, according to Tony Jones of The Athletic. “I haven’t accomplished anything,” Markkanen said. “I’ve said this before, but I’m not trying to stop here. I’m just beginning. I want to get better this summer and make that next leap. I want to lead this team to the playoffs. Having this kind of season feels good, but I want to keep continually getting better. That’s my mindset.”
  • Jazz head coach Will Hardy is tweaking his staff as he heads toward his second season with the franchise. He is not retaining assistant coaches Alex Jensen and Irv Roland, Jones tweets.

Lauri Markkanen Wins Most Improved Player Award

Jazz forward Lauri Markkanen has won the NBA’s Most Improved Player award, the league announced.

In his sixth season, Markkanen thrived in an expanded role after being included in the Donovan Mitchell blockbuster deal between Utah and Cleveland. Markkanen averaged 25.6 points per game on 49.9% shooting and 1.9 assists per game, all career highs. He also shot 87.5% from the free throw line and snared 8.6 rebounds per contest in 66 starts and received a start in the All-Star Game.

Last season, Markkanen averaged 14.8 PPG on 44.5% shooting, 5.7 RPG and 1.3 APG in 61 starts with the Cavaliers. Prior to this season, Markkanen’s career high in scoring average was 18.7 PPG during his second of four seasons with Chicago.

Markkanen topped the other finalists, the Thunder’s Shai Gilgeous-Alexander and the Knicks’ Jalen Brunson, for the award. Markkanen received 69 of the 100 first-place votes and 430 points. Gilgeous-Alexander wound up second with 24 first-place votes and 289 points. Brunson was a distant third with four first-place votes and 91 points.

Gilgeous-Alexander finished fourth in the league in scoring (31.4 PPG) as the Thunder made the play-in tournament. During his All-Star season, Gilgeous-Alexander shot 51% from the field and 90.5% from the foul line. He also averaged 4.8 rebounds and 5.5 assists in his fifth NBA season. He averaged 24.5 points last season.

Brunson lifted the Knicks into the playoffs with a stellar season after leaving the Mavericks as a free agent. In his fifth season, he averaged 24.0 points and 6.2 assists per night while making 41.6% of his 3-point attempts, posting career bests in each category. Last season, he averaged 16.3 PPG and 4.8 APG.

Mikal Bridges, Tyrese Haliburton and Trey Murphy III each picked up one first-place vote, finishing fourth, sixth, and seventh, respectively.

Fifth-place finisher Nic Claxton, Kevon Looney, De’Aaron Fox, Austin Reaves, Jaren Jackson Jr., Aaron Gordon, and Malik Monk all received at least one vote.

And-Ones: Biggest Issue, Awards, Baldwin, Faried, Campazzo

What’s the biggest issue facing the NBA? Not surprisingly, a poll of players conducted by Josh Robbins and Sam Amick of The Athletic placed the officiating at the top of the list. Out of 70 participants, 25.8 percent called out the officials for a variety of reasons.

“Ref accountability. It’s the (big) thing right now. Because there is none,” one poll respondent said. “There’s just not a system set up for it. And it’s been real shaky, I think, this year. Just something to keep them accountable. I don’t know if I want to take their money. But something to get them to have some type of, ‘I can’t f–k this up’ mentality.”

Load management was a close second in the poll. Rules skewed in favor of offensive players also ranked high on the list.

We have more from around the basketball world:

  • The NBA will reveal the winner of the Most Improved Player award on Monday, the league’s communications department tweets. Lauri Markkanen, Jalen Brunson and Shai Gilgeous-Alexander are the three finalists. The Rookie of the Year will be revealed on Tuesday, with Paolo Banchero considered the heavy favorite.
  • Former NBA player Wade Baldwin IV has signed a two-year contract extension with Israel’s Maccabi Tel Aviv, according to Eurohoops.net. He averaged 16.7 points, 5.0 assists and 3.6 rebounds this season. Baldwin played 56 career NBA games, most recently with Portland during the 2018/19 season.
  • Reyer Venezia is interested in signing big man Kenneth Faried for the Italian playoffs, according to Sportando. Faried spent this season playing in Mexico with Soles de Mexicali. Faried has been out of the NBA since he played a combined 37 games for Brooklyn and Houston during the 2018/19 season.
  • Another former NBA player, Facundo Campazzo, is joining Real Madrid next season, Sportando relays. Campazzo joined Serbia’s Crvena Zvezda after being waived by the Mavericks in late November. He appeared in eight games with Dallas this season.

NBA Announces 2022/23 Award Finalists

The NBA announced its finalists for all the major 2022/23 regular season awards on Friday evening (all Twitter links can be found here).

Here is the full list of finalists for each of the awards, listed in alphabetical order:

Most Valuable Player

Defensive Player of the Year

Rookie of the Year

Most Improved Player

Sixth Man of the Year

Coach of the Year

Clutch Player of the Year

TNT will begin announcing the winners next week during its coverage of the 2023 playoffs, according to the NBA. The three finalists for each award are based on voting results from a global panel of sportswriters and broadcasters.

Antetokounmpo, the league’s back-to-back MVP winner in 2018/19 and ’19/20, has finished fourth and third in MVP voting over the past two seasons, respectively. He averaged a career-high 31.1 PPG along with 11.8 RPG and 5.7 APG on .553/.275/.645 shooting in 63 games (32.1 MPG) this season in leading the Bucks to the NBA’s best record at 58-24.

Embiid, the MVP runner-up in each of the past two years, led the league in scoring for the second consecutive season, posting a career-high 33.1 PPG along with 10.2 RPG, 4.2 APG, 1.0 SPG and 1.7 BPG on .548/.330/.857 shooting in 66 games (34.6 MPG). The Sixers finished third in the East with a 54-28 record, though it’s worth noting that record is also the third-best mark in the league.

Jokic, the reigning back-to-back MVP, averaged 24.8 PPG, 11.8 RPG, 9.8 APG and 1.3 SPG on .632/.383/.822 shooting in 69 games (33.7. MPG). In addition to breaking Wilt Chamberlain‘s record for most assists per game by a center (8.6), Jokic led the Nuggets to the top seed in the West with a 53-29 record.

It’s long been assumed that Banchero, Brown and Fox were the runaway favorites for their respective awards. Given Embiid’s excellent play to end the season and Denver’s stumble to the finish line, it seems likely that Embiid will edge out Jokic and Antetokounmpo to win his first MVP — all three finalists are more than deserving, just as they were last year.

However, the other three awards are more up in the air. Jackson and Lopez have been considered the betting favorites for DPOY for much of the second half of the season. Mobley’s inclusion is somewhat surprising, but maybe it shouldn’t be — the Cavs finished with the league’s top defense and he is arguably the best defender on the team.

Western Notes: Markkanen, Lakers, Warriors, Porter

A native of Finland, Jazz forward Lauri Markkanen is required by law to serve in the country’s military before he reaches the age of 30. According to Ramona Shelburne of ESPN, Markkanen intends to fulfill that mandatory service during the coming offseason.

“Lauri has always said he was going to do this,” Markkanen’s agent Michael Lelchitski said of his client. “It’s important for him as a citizen to fulfill his civic duty and not have any kind of preferential treatment just because he is a famous athlete.”

As Shelburne writes, Markkanen has had to postpone his service a couple times already, including last spring when the Cavaliers made the play-in tournament — those games conflicted with his tentative reporting date.

According to Shelburne, Markkanen will complete his service at the Defence Forces’ Sports School in the southern part of Helsinki. She adds that many of the school’s conscripts are professional or amateur athletes, whose primary task during their service is to “train reconnaissance squads for emergency and wartime conditions.”

“Of course I’d rather be working out like I normally do (in the offseason), but I’ve heard they do a good job of combining the two,” Markkanen said. “You’re able to do your job working as an athlete and your basic training at the same time.”

Here’s more from around the Western Conference:

  • Lakers stars LeBron James and Anthony Davis are proud of their team for clinching an above-.500 finish after getting off to a 2-10 start, notes Dave McMenamin of ESPN. Davis said that he and James credit the team’s in-season additions for helping to lead that turnaround. “We pointed to some guys and were like, ‘We thank y’all. It didn’t look like we were going that way to start the season,'” Davis said. “Man, we just kept pushing and kept grinding. And obviously the guys that were able to come in here helped us get some more wins and ultimately finish above .500.”
  • Now that Andrew Wiggins is back with the Warriors, the defending champions look like a legitimate threat to win another title, contends Sam Amick of The Athletic. Veteran sharpshooter Klay Thompson agrees with that assessment, despite the fact that Golden State still hasn’t even secured a top-six seed in the West. “I don’t see a team who can beat us in a seven-game series when we’re healthy,” Thompson said on Friday, according to ESPN’s Kendra Andrews.
  • Considered a wing when he first arrived in Houston, Kevin Porter Jr. has fully embraced his transition to a point guard role, writes Jonathan Feigen of The Houston Chronicle (subscription required). Porter feels good about the strides he made in that role in 2022/23 and believes the Rockets showed growth as a whole, even if their 21-60 record doesn’t reflect that. “I feel better about my process this season,” Porter said. “I definitely made improvements. Definitely seeing what I have to work on going into the offseason. I think it was a good year individually for myself. As a team, I definitely don’t think the record shows our improvement.”

Jazz Notes: Markkanen, Olynyk, Sexton, THT

Jazz forward Lauri Markkanen recently sat down for an interview with Michael Scotto of HoopsHype. The Q&A session covered his self belief, his stints in Chicago and Cleveland, Utah’s future, and several other topics.

Markkanen, who plans to compete for Finland’s national team at the World Cup this summer, said he’d be thrilled if he’s named the NBA’s Most Improved Player in 2022/23, according to Scotto.

I think it would be great,” Markkanen said. “With the regular season about to end and I start hearing that stuff, it would be a pretty cool trophy to have at home. I take a lot of pride in the hard work and, like becoming an All-Star, knowing what I’ve gone through and being able to bounce back from that would mean a lot for me. Hopefully, I get it done. It would be pretty cool.”

Here’s more on the Jazz:

  • Veteran big man Kelly Olynyk acknowledges he heard the trade rumor of the Celtics being interested in his services. However, he says he’s happy with the Jazz and he has no plans to ask out in the offseason, he tells Steve Bulpett of Heavy.com. “I mean, I love Boston,” said Olynyk, who spent his first four seasons with the Celtics. “I grew up in Boston basically, coming out of college and starting my professional career. I have nothing but great things to say about the city, the organization, everybody involved. It feels like home every time I come back. When you see those kind of rumors, it brings up great memories. It’s a city that has unbelievable people, fans, culture, all that. So you always think, ‘What if? Maybe it could happen.’ But you obviously have to focus on the now and what you’re doing. I’m definitely not trying to get out of anywhere. This is a great situation to be a part of with this team, but your mind can’t help but wander for a second when you hear about things.”
  • Collin Sexton had a solid showing in his first game back from a nagging hamstring injury, recording 15 points and three assists in 16 minutes in the Jazz’s loss to the Lakers on Tuesday. “It feels like he is just all competitiveness. He gives our team such a lift energy-wise. It is infectious, contagious, however you want to describe it,” head coach Will Hardy said, per Eric Walden of The Salt Lake Tribune. “The guys love how he plays. … It’s the same Collin that we all know, and it’s the same Collin that we’ve missed for the last 18 games. So it was great to see him out there.”
  • Sarah Todd of The Deseret News examines the pros and cons of Talen Horton-Tucker‘s game and wonders if he’ll be in the team’s long-term plans. Still just 22 years old, the fourth-year guard continues to show flashes of intrigue, but he’s also inconsistent and doesn’t shoot well from behind the arc (28.6% on threes). Todd thinks it’s very likely that Horton-Tucker will pick up his $11MM player option for 2023/24.