Marc Gasol

Grizzlies Trade Marc Gasol To Raptors

9:05pm: The Raptors have officially acquired Gasol from the Grizzlies, sending Valanciunas, Wright, Miles and a 2024 second-round pick to Memphis in return, the teams announced on Thursday.

“Marc [Gasol] brings significant playoff experience to our team, which along with his savviness and leadership skills really helps position us for our ultimate post-season goal,” Raptors president Masai Ujiri said. “We look forward to welcoming Marc to our city and team.”

12:55pm: The Raptors and Grizzlies are finalizing a trade agreement that would send Marc Gasol to Toronto, reports ESPN’s Adrian Wojnarowski (via Twitter).

Memphis is expected to receive Jonas Valanciunas, Delon Wright, C.J. Miles, and a 2024 second-round pick in exchange for Gasol, according to Wojnarowski (via Twitter).

It’s the latest major development in what has turned into an arms race among the Eastern Conference’s top contenders. The Sixers acquired Tobias Harris on Wednesday morning, and the Bucks reached a deal to acquire Nikola Mirotic earlier today.

The Raptors will surrender some depth in the trade by giving up three rotation players, but none of Valanciunas, Wright, and Miles were starters. In acquiring Gasol, Toronto will add more firepower to its frontcourt, acquiring a veteran center who has been linked to the club for years.

A former Defensive Player of the Year, Gasol has slowed down a step or two at age 34, but he’s still a productive scorer (15.7 PPG), rebounder (8.6 RPG), and rim protector (1.2 BPG). He has also added an outside shot to his game in recent years, making 35.7% of his attempts and 1.4 threes per game over the last three seasons. It will be interesting to see how the Raptors manage his minutes in a frontcourt that also features Serge Ibaka and Pascal Siakam, both of whom are having excellent seasons.

The Grizzlies, meanwhile, will move on from a three-time All-Star who has been in Memphis since 2008. Despite Gasol’s long tenure with the franchise, it appeared this week as if he was ready to move on, having cleared out his locker when it looked as if a trade to the Hornets was a possibility. That deal with Charlotte never got too close to being finalized, notes Sean Deveney of Sporting News (Twitter link).

In exchange for Gasol, Memphis gets a productive center in Valanciunas, who is set to return from a hand injury, a promising young point guard in Wright, who will be a restricted free agent season’s end, and Miles, a sharpshooter who has had a down year. The Grizzlies will also acquire a future second-round pick, though it’s hard to determine how much value that selection will have by 2024.

Valanciunas has a $17.62MM player option for next season, while Miles has a $8.73MM player option. Both players look like solid bets to opt in. It’s not clear yet what Gasol will do with his own $25.6MM player option for 2019/20. The Raptors would have his Bird Rights if he opts out.

Gasol also has a 15% trade kicker, which will be applied to his 2018/19 cap hit, tweets Bobby Marks of ESPN.com. That bonus would increase Gasol’s cap figure by close to $1.3MM if he doesn’t waive it.

Marks also observes that this deal will leave the Raptors with just 11 players under contract after they also sent Malachi Richardson to Philadelphia. The club will have two weeks to get back to the league-mandated minimum of 14 players, so it could be an active month in Toronto.

Photo courtesy of USA Today Sports Images.

Trade Rumors: Gasol, Conley, Hornets, Wolves, Suns

The Grizzlies hold two of the NBA’s biggest trade chips as today’s trade deadline approaches, and the two teams linked most frequently to Marc Gasol and Mike Conley, respectively, remain in the hunt for those players, according to reports.

Marc Stein of The New York Times tweeted this morning that the Hornets continue to engage the Grizzlies on a potential deal for Gasol, which has been rumored throughout the week, and ESPN’s Adrian Wojnarowski confirms (via Twitter) that the two teams are still trying to bridge the gap in those talks.

Meanwhile, on the Conley front, the Jazz have been most frequently cited as a potential landing spot for the veteran point guard. Despite whispers that Conley prefers not to end up in Utah, the Jazz haven’t abandoned their efforts to acquire him, according to Stein, who tweets that Memphis has considered waiting until the offseason to revisit Conley trade talks.

Even if Gasol and/or Conley stay put, it could still be an active deadline in Memphis. Stein notes (via Twitter) that JaMychal Green is attracting trade interest. Garrett Temple and Justin Holiday have also been mentioned as potential trade candidates.

Here are a few more trade rumors from across the league:

  • While their focus is on Gasol for now, the Hornets were in the mix for Harrison Barnes before he was sent to Sacramento, according to Stein (Twitter link).
  • The Timberwolves haven’t made any serious progress on any deals, according to Darren Wolfson of 5 Eyewitness News, who observes (via Twitter) that the Jeff Teague, Gorgui Dieng, and Taj Gibson contracts won’t be easy to move due to large cap hits and – in the case of Teague and Dieng – multiyear commitments. Anthony Tolliver, on a smaller expiring contract, has generated interest and could be moved today, Wolfson adds.
  • League sources tell Duane Rankin of The Arizona Republic that the Suns haven’t talked to the Lakers about a Lonzo Ball deal and that Josh Jackson and T.J. Warren aren’t expected to go anywhere today.
  • Although there may be an outside perception that Anthony Davis‘ trade request has destabilized the Pelicans, none of his teammates have shown even a hint of animosity toward him, as Michael C. Wright of ESPN.com details. Head coach Alvin Gentry called Davis “a great kid,” while teammate Jrue Holiday said, he “loves” having AD around. “He’s like my big brother. He takes care of me,” Jahlil Okafor said of Davis. “… Selfishly, I would love to be by him every day like I have been this year. But at the end of the day, I just want him to be happy.”

Wizards Notes: Beal, Ariza, Conley, Gasol

It was a busy night for the Wizards, who officially completed a trade that sent Otto Porter to the Bulls for Jabari Parker, Bobby Portis and a future second-round pick, then later finalized a deal to move Markieff Morris and a second-rounder to the Pelicans for Wesley Johnson.

While the pair of moves won’t necessarily make Washington a better team on the court, the financial implications are significant. The Wizards have now slipped below the luxury tax line for the 2018/19 season, which will help them avoid the repeater tax going forward.

As ESPN’s Bobby Marks observes (via Twitter), the Wizards have now saved $18.3MM toward the tax since the start of the season, sneaking just $232K below the threshold with today’s Portis and Morris deals.

Here’s more out of D.C.:

  • After tonight’s trade of Porter to Chicago, the Wizards’ future now lies in the hands of Bradley Beal, writes David Aldridge of The Athletic. He suggests that owner Ted Leonsis should meet with Beal soon to find out how committed he is to the team’s future. Regardless of the answer, it will provide a road map for which moves need to be made next.
  • For what it’s worth, the Wizards have no intention of moving Beal this week, sources tell Shams Charania of The Athletic (Twitter link).
  • Aldridge argues (via Twitter) that there’s no point in the Wizards hanging onto Trevor Ariza and Jeff Green – a pair of veterans on expiring contracts – for the rest of the season. However, ESPN’s Adrian Wojnarowski reports (via Twitter) that there’s mutual interest between Ariza and the Wizards in extending their relationship beyond this season. That should be easier financially for the club now that Porter is off the books.
  • Today’s trade with the Bulls came together quickly, tweets Candace Buckner of The Washington Post. Sources tell her that trade talks between Washington and Chicago didn’t start until today. In a full story for The Post, Buckner explores how the trade of Porter – and the subsequent trade of Morris – shook up the Wizards’ locker room.
  • Before word of the Wizards’ second trade broke today, Buckner reported (via Twitter) that the team has inquired on Grizzlies trade candidates Mike Conley and Marc Gasol. It’s hard to envision Washington making a move for either player at this point.

Arthur Hill contributed to this post.

Marc Gasol Talks Between Hornets, Grizzlies Not Dead

The trade discussions involving Marc Gasol between the Hornets and Grizzlies aren’t completely dead yet, sources tell Jake Fischer of SI.com (Twitter link). We heard on Tuesday night that Charlotte and Memphis were becoming skeptical that they’d get something done, but according to Fischer, the two teams remain hopeful of completing a deal.

While Gasol doesn’t really have a say in his destination, Rick Bonnell of The Charlotte Observer hears from a source close to the veteran center that he expects to ultimately end up with the Hornets (Twitter link).

With talks between the two teams apparently heating up on Tuesday, the Grizzlies held Gasol out of their game against Minnesota. According to Fischer (via Twitter), some people involved in the process believe Memphis may have forfeited some leverage by prematurely sitting Gasol while the Hornets played all their veterans.

There are a number of different player combinations the Hornets could use to match Gasol’s $24MM+ salary, but Kevin O’Connor of The Ringer reported today that the Charlotte’s offer would likely include Bismack Biyombo, Michael Kidd-Gilchrist, and a protected first-round pick.

According to O’Connor, a difference in opinion over the protections on that first-rounder was the main hold-up, though Fischer suggests that the two sides may also not have agreed on the contracts required for salary-matching purposes. Memphis’ proximity to the luxury tax line could also be an issue — assuming the Grizzlies take on Biyombo and Kidd-Gilchrist, they’d likely want to attach at least one more player to Gasol to avoid going into tax territory.

The Grizzlies have less than 24 hours to determine whether they’ll move Gasol and/or Mike Conley before this season’s trade deadline. What Memphis does with those two players could have a ripple effect on the rest of the roster, with veterans like JaMychal Green, Garrett Temple, and Justin Holiday also believed to be on the trade block.

O’Connor’s Latest: Gasol, Conley, OKC, Prince, More

As we relayed earlier today, Kevin O’Connor of The Ringer hears that the Hornets‘ offer for Grizzlies center Marc Gasol is Bismack Biyombo, Michael Kidd-Gilchrist, and a protected first-round pick. That would be an underwhelming return for Gasol, but there hasn’t been much league-wide interest in the 34-year-old, O’Connor writes.

The Kings and Pistons were among the teams potentially in the mix for Gasol, according to O’Connor, but Memphis didn’t have any interest in Detroit center Andre Drummond and Sacramento was unwilling to part with promising young wing Bogdan Bogdanovic, whom the Grizzlies wanted.

The Raptors reportedly explored a potential Gasol deal, initially attempting to come up with an individual trade for one Grizzlies veteran before turning it into a package for both Gasol and Mike Conley, O’Connor writes. However, those talks didn’t advance and league sources tell The Ringer that it’s unlikely Toronto ends up with Gasol or Conley.

Elsewhere on the Conley front, the Jazz continue to make a strong push, with an offer that includes Ricky Rubio, Derrick Favors, and a first-round pick, per O’Connor. The sense around the NBA is that the Grizzlies won’t settle for a modest return for Conley, which is something we heard in relation to the Pistons’ offer earlier today.

O’Connor’s latest piece for The Ringer features several more trade-related tidbits, so we’ll round them up here…

  • The Thunder are believed to be among the teams with interest in Cavaliers guard Alec Burks, league sources tell O’Connor. However, Burks wouldn’t fit into OKC’s $10.88MM trade exception. The Thunder, along with the Sixers and Trail Blazers, have expressed interest in Hawks wing Taurean Prince, O’Connor adds.
  • Following up on his report from last week about the Rockets and Grizzlies discussing a Brandon Knight trade, O’Connor suggests that Marquese Chriss and a first-round pick would also go to Memphis in that proposed deal. Houston would be targeting JaMychal Green and Garrett Temple in the swap, though it remains in the discussion stage for now.
  • The Kings have made calls about veteran forwards Harrison Barnes (Mavericks) and Otto Porter (Wizards) but have found no traction on a Porter deal, writes O’Connor.
  • While DeAndre Jordan looks like an obvious trade candidate, it wouldn’t be a major surprise if the Knicks keep him around as a potential recruiter for Kevin Durant, according to O’Connor, who notes that Durant and Jordan are good friends. Stefan Bondy of The New York Daily News wrote about this subject on Tuesday.
  • League sources don’t expect the Celtics to do anything at the deadline with Terry Rozier, since he could serve as potential Kyrie Irving insurance or a sign-and-trade sweetener for Anthony Davis in the offseason, says O’Connor.
  • According to O’Connor, the Pacers remain open to moving one of their two veteran point guards, Cory Joseph or Darren Collison. Both players are on expiring contracts.

Hornets, Grizzlies Skeptical Over Completing Gasol Trade

FEBRUARY 6, 9:54am: The trade the Grizzlies and Hornets have discussed would see Gasol head to Charlotte in exchange for Bismack Biyombo, Michael Kidd-Gilchrist, and a protected first-round pick, league sources tell Kevin O’Connor of The Ringer. However, the two sides haven’t been able to agree on the protections for the draft pick, according to O’Connor, who confirms that the impasse might be enough to derail the deal entirely.

FEBRUARY 5, 11:06pm: There is “increasing skepticism” that a trade sending Gasol to the Hornets will happen, sources tell Sean Deveney of Sporting News. Deveney notes that a deal has “not progressed” despite Charlotte’s interest in the veteran center.

9:25pm: While the Hornets and Grizzlies have discussed Gasol, no trade has been agreed upon yet, tweets Chris Herrington of The Daily Memphian. Gasol joined his Memphis teammates on the bench for tonight’s game against Minnesota.

5:01pm: The Grizzlies are in “strong talks” to send veteran center Marc Gasol to the Hornets, tweets Shams Charania of The Athletic (Twitter link). As both sides negotiate the framework of the deal, including Gasol’s $24.1MM salary, the Grizzlies will sit the big man tonight against the Timberwolves, Charania adds.

Gasol, along with longtime Memphis teammate Mike Conley, has been at the forefront of trade rumors since the team put both players on the trade block last month. We relayed earlier today that the Raptors reportedly expressed interest in both Gasol and Conley. The Kings and Pistons have previously expressed interest in Conley.

The 34-year-old has spent his entire 11-year career with the Grizzlies, making three All-Star teams. While injuries have slowed the Spaniard in recent years, he’s still an above average contributor, averaging 15.7 PPG and 8.6 RPG in 53 games this season.

Per Marc Stein of the New York Times (Twitter link), Hornets owner Michael Jordan wants the team to make the playoffs. Therefore, he has let teams know that the team intends to be a buyer approaching Thursday’s trade deadline. At 26-26, Charlotte is currently the seventh seed in the Eastern Conference, trailing the Nets by half a game.

Lawrence’s Latest: Bucks, Mirotic, Sixers, Gasol

No one seems convinced that the Bucks are a viable suitor for Anthony Davis, given their dearth of first-round picks and the fact that most of their best players are on expiring contracts. However, co-owner Marc Lasry is still encouraged by the fact that Davis’ four-team list of preferred destinations includes Milwaukee, as he tells Sporting News’ Mitch Lawrence.

“I saw that report, and I think it’s great,” Lasry said. “It’s a little bit of what we want. We want players to come and play in Milwaukee. And part of it is, when you’re winning and you’re setting a standard for excellence, people see that. People want to win. It doesn’t make a difference if you’re in Milwaukee, New York or L.A. The whole goal is winning. So we hope it would be players like Anthony Davis and others who want to come to Milwaukee.”

Lasry, who may be bordering on tampering territory with his comments to Lawrence, acknowledged that it would be tricky for the Bucks to make a deal for Davis using the club’s current assets.

Here’s more from Lawrence:

  • The Bucks are working on a smaller trade or two, according to Lawrence, who identifies Pelicans forward Nikola Mirotic as one potential target for Milwaukee. “He’d be the perfect fit for the Bucks,” an Eastern Conference general manager said of Mirotic. “Another guy who can knock down threes would make them even more dangerous.”
  • The Sixers are another team interested in Mirotic and have offered the Pelicans a pair of second-round picks for him, per Lawrence. For salary-matching purposes, Wilson Chandler would likely have to be involved in any 76ers deal for Mirotic. Philadelphia has also looked at Terrence Ross (Magic) and Wesley Matthews (Knicks), Lawrence notes.
  • An Eastern Conference GM tells Lawrence that the Spurs are making an effort to move Pau Gasol. Gasol is on a pseudo-expiring contract, as only $6.7MM of his 2019/20 salary is guaranteed.
  • Lawrence suggests that the trade market for Grizzlies big man Marc Gasol may be negatively impacted by Gasol’s desire to get a contract extension this summer. If he doesn’t feel as if he’ll get a lucrative multiyear deal in the offseason, the 34-year-old could pick up his $25.6MM player option.

Raptors Made Offer For Mike Conley, Marc Gasol?

3:44pm: The Grizzlies would be looking for more than Lowry and Valanciunas in return for Conley and Gasol, according to Mitch Lawrence of Sporting News, who hears that Memphis asked for Pascal Siakam (Twitter link). The Raptors aren’t trading Siakam, but would be willing to include Delon Wright and a future first-round pick, says Lawrence.

Toronto’s 2019 first-round pick is committed to San Antonio, so the 2021 first-rounder would be the next one available.

2:18pm: While the Grizzlies have reportedly been primarily engaged in talks with the Jazz and Pistons for Mike Conley, another potential suitor has entered the mix, according to Jake Fischer of SI.com. League sources tell Fischer that the Raptors have contacted Memphis and offered Kyle Lowry and Jonas Valanciunas in a deal for both Conley and Marc Gasol.

It’s a fascinating offer from Toronto’s perspective, as the second-best team in the East appears willing to give up an All-Star guard and an important rotation piece in a proposal that would reshape its roster. Lowry has been made aware of the Raptors’ trade talks involving him, per Fischer.

On the other hand though, it’s hard to see why the Grizzlies would jump at Toronto’s offer, unless the franchise isn’t totally committed to rebuilding. Lowry has a cap number similar to Conley’s, albeit with a contract that expires a year earlier. Valanciunas has a $17.62MM player option for next season.

By comparison, Utah’s offer for Conley reportedly includes a sizable expiring contract (Ricky Rubio‘s) and a first-round pick. It could also feature a prospect like Dante Exum or Grayson Allen, according to Fischer. Detroit’s offer for Conley is said to include Reggie Jackson and a first-rounder. The Grizzlies are believed to be seriously considering both teams’ offers, per Tony Jones of The Athletic (Twitter link).

According to Fischer, the Grizzlies turned down the Raptors’ initial offer and would prefer to receive younger players – such as OG Anunoby – and/or draft assets from Toronto.

Meanwhile, Michael Grange of Sportsnet.ca provides a different perspective, tweeting that he’s heard the talks between the Grizzlies and Raptors were initiated by Memphis and didn’t progress very far.

While Grange’s and Fischer’s accounts on which team initiated the talks seem contradictory, it’s possible both are accurate — perhaps Memphis made the first call and the Raptors, in turn, returned the Grizzlies’ call to let them know what they’d be willing to offer. If the Grizzlies didn’t like what they heard, discussions may not have advanced from there.

Latest On Mike Conley

With three days to go until the trade deadline, the Jazz and Pistons remain the teams most frequently named as potential suitors for Mike Conley. Tony Jones of The Salt Lake Tribune reports that the Grizzlies are talking to both Utah and Detroit, adding that both clubs have made competitive offers for the veteran point guard (all Twitter links).

As previous reports have suggested, the Jazz’s offer for Conley centers around Ricky Rubio and a first-round draft pick, though at least one more player would need to be added for salary-matching purposes and Memphis may be seeking an additional pick.

According to Vince Ellis of The Detroit Free Press, who confirms that the Pistons have engaged in talks with the Grizzlies, it’s fair to surmise that Detroit has offered Reggie Jackson and a first-rounder for Conley. However, a source tells Ellis that the Grizzlies would “want more.” Ellis wonders if adding Luke Kennard would be enough — and whether it’d be worth it for the Pistons.

Like the Jazz, the Pistons would also have to add at least one more player to their offer in order to match Conley’s salary. Many of Detroit’s most expensive contracts – including Jackson’s – are multiyear deals, while Utah has sizable expiring contracts like Rubio’s and Derrick Favors‘ available. The Grizzlies’ willingness to take on multiyear money is unclear, but those expiring deals would allow for more flexibility.

For their part, Conley and longtime teammate Marc Gasol are eager for answers about which team(s) they’ll be playing for on Friday, as Brian Mahoney of The Associated Press writes.

“You look forward to that deadline passing,” Conley said. “Either way it goes, you just want to get clarity and understand your situation going forward, and you try to block it out but it’s hard. Everybody who texts you or talks to you in person mentions something about it, so it’s hard to run from it. But you just hope for the week to get through real quick and get back to business, whether it’s here or anywhere else.”

Lowe’s Latest: Rockets, Prince, Blazers, Heat

The Rockets and Cavaliers had discussions about sending Brandon Knight to Cleveland along with a first-round pick in exchange for Alec Burks. However, Zach Lowe of ESPN.com hears that those talks have ceased. Houston has also spoken with the Grizzlies about potential Knight deals.

Cleveland is selling Burks, Rodney Hood, and any other “indispensable asset” prior to the deadline, Lowe writes. The team is willing to take back future salary in exchange for picks.

Houston is expected to scour the market for deals leading up to the deadline with an eye on attaching a future first-rounder to Knight and Marquese Chriss. The Rockets would likely push for lottery protections on any picks that would convey past James Harden‘s prime.

Lowe’s latest piece contains trade nuggets from several teams in the league and we’ve already passed along news from the Grizzlies’ Mike Conley and Marc Gasol sweepstakes as well as the Magic’s pre-deadline plan. Here are the rest of the newsworthy notes from the ESPN piece:

  • The Hawks have made Taurean Prince available in trade talks, sources tell Lowe. Atlanta hasn’t received a ton of traction on Prince deals because of its asking price. The organization wants a young prospect and a pick in exchange for the small forward.
  • The Blazers have put their first-rounder on the table in trade talks, sources tell Lowe. Portland has reached out about Otto Porter Jr.‘s availability, though Wizards owner Ted Leonsis previously announced that the team would not be trading Porter before the deadline.
  • Porter has drawn interest from several teams. In addition to the Blazers, the Mavericks and Jazz have kept an eye on the situation. Dallas was interested in swapping Harrison Barnes for Porter prior to the Kristaps Porzingis trade.
  • Miami appears to be willing to move anyone but Justise Winslow, Josh Richardson and Bam Adebayo for cap relief. Lowe expects the Heat to try to get at least a second-round pick for Wayne Ellington.
  • Lowe confirms a previous report that JaMychal Green, Justin Holiday, and Garrett Temple are all available. Holiday, who was acquired from the Bulls earlier this year, cost the Grizzlies two second-round picks.
  • The Kings have approximately $11MM in cap space available and they want to use it to pick up an asset. Lowe writes that it could be a draft pick or a player who will help them win this season.
  • Sacramento is willing to engage in trade talks about Willie Cauley-Stein, who will be a restricted free agent this summer. The Kings may simply let the center walk should he receive too high of an offer this offseason.
  • The Bulls are expected to listen to offers for anyone but Lauri Markkanen and Wendell Carter. Lowe doesn’t expect Chicago to deal either Kris Dunn or Zach LaVine though, as the team’s asking price is anticipated to be too high.
  • The Nuggets own a pair of trade exceptions and have slightly less than $7MM in breathing room under the tax. They are open to taking on a salary dump if another team calls and has to shed a player in that price range.