Mario Chalmers

Grizzlies Acquire Mario Chalmers

Courtesy of USA Today Sports Images

Courtesy of USA Today Sports Images

5:10pm: The trade is official, the Heat and Grizzlies have announced, though no mention was made of a second-rounder changing hands in the deal. “This is a tough day for myself and the organization in trading Mario Chalmers and James Ennis,” said Heat president Pat Riley. “Mario was a part of two championships with us and Ennis is a solid young player, but it is part of the business and it was a move necessary to make because of our crowded backcourt. We feel that it is in the best interest of Mario and we want him to be successful and be a part of a good team. We wish them nothing but the best. We would also like to welcome Beno Udrih, an accomplished veteran and someone that has playoff and championship experience, and the addition of Jarnell Stokes, a young player that we would like to develop.

4:04pm: The Heat don’t see either Udrih or Stokes as long-term pieces, but they’d still execute the two-team trade with the Grizzlies if they can’t find a third team, Stein writes. The ESPN scribe also invokes Andersen’s name, suggesting that he remains available.

2:57pm: The Heat are looking for a third team willing to take Udrih, Stokes or both, and that’s keeping the deal with the Grizzlies from becoming official, reports Marc Stein of ESPN.com (Twitter links). Miami has the option of simply pulling off the two-teamer with Memphis, but the Heat would prefer to include a third team, Stein adds.

12:27pm: The Grizzlies and Heat are have agreed to a deal that will send Mario Chalmers and James Ennis to Memphis for Beno Udrih, Jarnell Stokes and a second-round pick, reports Adrian Wojnarowski of Yahoo Sports (Twitter links). Wojnarowski’s full story indicates Miami is receiving a second-round pick from Memphis, too, but it makes no mention of, who was in Wojnarowski’s Twitter report, which didn’t include the second-rounder. In any case, the teams are preparing for a trade call with the league office today, Wojnarowski notes. Marc Stein of ESPN.com first reported a week ago that the sides had talked about a potential trade involving Chalmers, and a few days later Stein wrote about growing concern within the Grizzlies organization amid a slow start. Memphis, at 3-4, next plays Wednesday at home against the Warriors.

The move is a cost-cutter for the Heat, who give up the $4.3MM salary of Chalmers in exchange for Udrih and his pay of $2.17MM, which is only a little more than half of what Chalmers makes. Stokes and Ennis are have identical one-year veteran’s minimum salaries, though Stokes has a full guarantee while Ennis has a partial guarantee of only about $254K, since he and the Heat reworked the terms of his contract before the start of the regular season. Memphis will likely use part of its $967,500 trade exception left over from the offseason Jon Leuer deal to absorb the $845,059 that Stokes makes and offset the unbalanced exchange of salaries, notes Eric Pincus of Basketball Insiders (on Twitter).

Miami is set to remove about $6MM from its potential luxury tax bill with the trade, according to Wojnarowski, though the tax isn’t calculated until the final day of the regular season. The Heat would still be in line to pay repeat-offender tax penalties in the wake of today’s deal, and many of the same offseason rumors that raised the idea of a Chalmers trade also made mention of Chris Andersen, who could be the next to go, as Ira Winderman of the Sun Sentinel speculates (Twitter link).

Memphis hasn’t been pleased with the play of its bench and hopes that Chalmers will be an upgrade behind starting point guard Mike Conley, league sources told Wojnarowski. Ronald Tillery of The Commercial Appeal had heard from some people, ostensibly around the Grizzlies, who quietly expressed disappointment with what they perceived to be Udrih’s lack of conditioning, athleticism and defense, and the team wasn’t ready to turn the backup job over to third-stringer Russ Smith, Tillery also wrote.

A desire to avoid the tax plus confidence in Tyler Johnson and Gerald Green helped prompt the Heat to make the move, according to Barry Jackson of the Miami Herald (Twitter link), though Green remains away from the team following his hospitalization last week. Green is out of the hospital and is reportedly expected to return to the team soon, however. In any case, the acquisition of Udrih gives the team an experienced backup at the point as it attempts to regain its status among the Eastern Conference elite, even with the concerns about Udrih from Memphis. Of course, no guarantee exists that the team won’t flip Udrih to further its efforts to dodge the tax, tweets Ethan Skolnick of the Miami Herald.

Chalmers first became a trade candidate in June, when Ramona Shelburne and Brian Windhorst of ESPN.com reported that the Heat were shopping him and Andersen to try to clear room for a new deal with Dwyane Wade. Team president Pat Riley denied that, ESPN’s Zach Lowe heard in July that Chalmers and Andersen could be had “for nothing” in return, which speaks to the idea that the Heat wanted their salaries off the books. Miami had apparently backed away, at least temporarily, from the idea of a Chalmers trade by late August, but at that point they wouldn’t rule out a deal as soon as October, as Barry Jackson of the Miami Herald reported.

The Grizzlies have to renounce cap holds for unsigned free agents from years past who didn’t return to the NBA, notes former Nets executive Bobby Marks (All Twitter links). The cap holds they’re renouncing are the ones for Gilbert Arenas, Leon Powe, Stephen Hunter and Marcus D. Williams, according to Chris Herrington of The Commercial Appeal (Twitter link). That’s because those cap holds technically put the Grizzlies over the tax line, which would mean they could only take in 125% plus $100K of what they sent out — not enough to accommodate this deal, as Marks explains. Renouncing the cap holds would up that limit to 150% plus $100K, which allows the trade to take place, Marks notes.

Which team do you think is getting the better end of this deal? Leave a comment to let us know.

Grizzlies Notes: Joerger, Chalmers, Randolph

Grizzlies GM Chris Wallace is preaching patience and he defended the job of coach Dave Joerger in the wake of a report questioning his job security, Ronald Tillery of The Commercial Appeal writes.

“When things aren’t going well, there’s always a lot of noise from the outside,” Wallace said. “You can’t let it permeate the air you’re breathing as a team. You just have to keep your head down and do what you’ve done in the past to be successful. I don’t see Dave on the hot seat. We’re six games into the season. We’re struggling right now, but Dave’s a proven commodity and he’s got a talented staff.”

Here’s more out of Memphis:

  • Earlier in the week, the Grizzlies were linked to Mario Chalmers, who is on the trade block because of Miami’s tax implications, but Wallace downplayed the idea of a trade happening, Tillery writes in the same piece. “We’re always searching for ways to improve the team. You can’t predict what will happen. But we’ll never operate with the mindset that you have to do a deal. I don’t think the sky is falling. We have the weapons to be a strong team this year. We just have to be who we are and regain our identity,” Wallace said.
  • There are rival executives who believe the Grizzlies will ultimately entertain trading Zach Randolph with an eye on adding youth and athleticism to the roster, according to Marc Stein of ESPN.com. Outside of Mike Conley and Marc Gasol, Randolph is the trade piece that would most likely net a difference maker, Stein adds. Randolph signed a team-friendly two year, $20MM extension with Memphis in 2014 that kicked in this season.

Southeast Notes: Chalmers, Fournier, Washburn

Evan Fournier says that his focus will not be affected just because he and the Magic didn’t come to an agreement on a contract extension prior to Monday’s deadline, Josh Robbins of The Orlando Sentinel writes. “My main focus was always just playing good basketball and winning games,” Fournier said. “And then, of course, the contract is going to follow. You don’t have to think about the contract first and then basketball. You have to think about basketball first, and then everything’s going to follow. So I’m just focused on winning, man.” Not reaching an agreement could become a positive for Fournier since the expected increase in next season’s salary cap will mean more teams will be flush with cash, which could serve to drive up the market for the swingman, Robbins adds.

Here’s more from out of the Southeast:

  • Hornets GM Rich Cho said that the contract extensions the team has handed out to Michael Kidd-Gilchrist, Jeremy Lamb, and Kemba Walker were partially about avoiding the free agent market that could become overheated during the next two summers thanks to the expected rise in the salary cap brought on by the league’s new TV deal, Rick Bonnell of The Charlotte Observer relays (on Twitter).
  • The trade rumors surrounding Heat point guard Mario Chalmers loom as a potential distraction for the team this season, Ethan J. Skolnick of The Miami Herald writes. Skolnick also opines that the team needs to address the issue with Chalmers as soon as possible to help avoid it becoming an issue between the player and the team. Chalmers indicated that he learned of the rumors when he arrived at the arena on Tuesday night, and he has not heard from the front office regarding his status with the franchise, the Herald scribe adds.
  • Jason Washburn, who was in training camp with the Hornets this season, has signed a deal in Kosovo with Sigal Prishtina, Orazio Cauchi of Sportando relays. Washburn spent the 2014/15 season overseas playing for Brussels, where he averaged 8.9 PPG and 3.9 RPG in 27 appearances.

Heat, Grizzlies Talk Mario Chalmers Trade

9:58pm: Chalmers said that he was unaware of any trade rumors regarding himself until he arrived at the arena for tonight’s game against the Hawks, Ira Winderman of The Sun Sentinel writes. “It definitely surprised me,” Chalmers said of the rumors. “But I also know it’s a business. I didn’t know anything until I got here today.

4:15pm: Some, presumably around the Grizzlies, have quietly expressed disappointment with what they see as Udrih’s lack of conditioning, athleticism and defense, according to Ronald Tillery of The Commercial Appeal. The team’s general belief is that Smith isn’t yet ready to assume Udrih’s place in the rotation, Tillery adds.

2:44pm: Sources who spoke with Stein raised the possibility that Udrih could be included in a would-be deal, as Stein writes in a full story. The Grizzlies would have to give up another player to take in Chalmers, however, since Udrih only makes slighly more than $2.17MM this season, as Stein alludes to. The Grizzlies could only absorb 150% plus $100K of the salary they gave up.

2:00pm: The Jazz attempted to trade for Chalmers over the offseason, but the Heat didn’t take them up on it, a source recently told Jody Genessy of the Deseret News (Twitter link).

1:06pm: The Heat and Grizzlies have talked about a potential trade that wound send Mario Chalmers to Memphis, reports Marc Stein of ESPN.com, who cautions that no deal is imminent (Twitter links). The Heat are in line to pay repeat-offender tax penalties if they finish the season above the $84.74MM tax line, and rumors have persistently surrounded Chalmers, who makes $4.3MM on an expiring contract and ceded his starting job to Goran Dragic last season. Miami had seemingly tabled the idea of a Chalmers trade as of late August but weren’t ruling out a deal as soon as October, Barry Jackson of the Miami Herald reported this summer.

Heat officials offered Chalmers in trades earlier this offseason with the tax in mind, one GM told Jackson (Twitter link), which jibes with reports from throughout the summer. Ramona Shelburne and Brian Windhorst of ESPN.com first reported in June that the Heat were shopping Chalmers, as well as Chris Andersen, in an effort to clear the way for a new deal with Dwyane Wade, though team president Pat Riley denied it. Still, ESPN colleague Zach Lowe heard soon after that Chalmers and Andersen were available “for nothing” in return, an indication that the team was simply looking to shed salary.

The Grizzlies, fresh off a 50-point loss Monday to the Warriors, have Mike Conley firmly entrenched at the point, though he, like Chalmers, is on an expiring contract. Beno Udrih is Conley’s backup, with Russ Smith the third point guard. Nick Calathes departed in free agency this past summer. They’re roughly $5MM shy of the tax line, so they could take in Chalmers’ salary, but they don’t have a trade exception large enough that would allow them to absorb Chalmers without sending salary in return. Their only contract without a fully guaranteed salary for this season belongs to JaMychal Green, and it carries a partial guarantee of $150K.

The sides could seek a third team to facilitate a swap that would allow the Heat not to have to take salary in return for Chalmers, though it’s unclear if that idea has come up in the talks between Miami and Memphis. Shedding the $4.3MM owed to Chalmers would lower Miami’s tax bill, but it wouldn’t eliminate it. The Heat have about $91.9MM in guaranteed salary as it counts toward the tax, so the Heat would still need to eliminate about $3MM to duck under the tax threshold. Andersen is on an expiring contract worth $5MM this year, but his name isn’t involved in the latest report.

Chalmers is averaging 6.7 points, 3.0 assists and 1.7 turnovers in 18.0 minutes per game in three regular season contests so far, figures that would extrapolate to one of the worst lines of his NBA career if the numbers held for the entire season. Still, he has a wealth of playoff experience, unlike Tyler Johnson and Josh Richardson, who are behind him on the depth chart, and offloading Chalmers without bringing in a comparable player would weaken the Heat as they seek to return to prominence this season, observes Ethan Skolnick of the Miami Herald.

The interest from Memphis would appear to indicate the Grizzlies want to upgrade their point guard depth, though Udrih has seemingly as well if not better than Chalmers has so far this season, averaging 6.5 points, 4.0 assists and 1.3 turnovers in 15.8 minutes per game. Chalmers could help their outside shooting, which Memphis has long lacked, but he shot just 29.4% from 3-point range last season, well beneath his 36.1% career accuracy from behind the arc.

Do you think the Grizzlies make sense as a trade destination for Chalmers? Leave a comment to share your thoughts.

Southeast Notes: Scott, Fournier, Williams

Hawks forward Mike Scott spoke publicly Monday for the first time since his arrest this summer on felony drug charges. The veteran would not discuss details of the case, but did note that the gym has been a sanctuary during the past few months, Chris Vivlamore of The Atlanta Journal Constitution relays. “I just come in every day and compete,” Scott said at Hawks media day. “Joke around and laugh with my teammates. This is kind of been my sanctuary for the summer. I come into the gym and work hard and put everything behind me. Then when in I get back to the locker room I’ll look at my phone and I’ll be ‘Oh, right. I forgot.’ Coming into the gym every day, working out with my teammates, is something that has been great for me.”

Scott did acknowledge that his situation has embarrassed the Hawks’ organization, Vivlamore adds. “I don’t like to make other people look bad,” Scott said. “I don’t like to embarrass people. I don’t want to feel embarrassed. I thought it made us look bad a little bit. I take full responsibility for that. Moving on.

Here’s the latest out of the Southeast Division:

  • Evan Fournier is eligible to sign a contract extension with the Magic prior to this year’s deadline, and he’d welcome a new deal if the parameters made sense, Josh Robbins of The Orlando Sentinel writes. “It would be awesome,” Fournier said when asked about a possible extension. “But, to be honest, I don’t even think about it because that’s not in my power. That’s not in my hands. Right now I’m focused on getting healthy and just being back on the court. But, yeah, it would be awesome, man.
  • John Wall would be happy to assist the Wizards in recruiting Kevin Durant, who is set to become a restricted free agent next summer, Royce Young of ESPN.com relays. “There’s gonna be an opportunity to throw a pitch at him to try to get him to come back home,” Wall told CSNMidAtlantic.com. “But I know one thing of just knowing him, he’s going to be very focused on taking care of Oklahoma City this season, and I’m going to be focused on taking care of the Washington Wizards. But when the time is right and he can get away from all that, yeah, we’ll probably have some conversation and throw a pitch.
  • Hornets coach Steve Clifford doesn’t expect the role of Marvin Williams will be diminished despite the offseason additions of Frank Kaminsky, Tyler Hansbrough, and Spencer Hawes, Rick Bonnell of The Charlotte Observer writes. “He’ll play the majority of his minutes at [power forward], but he could play [small forward] some nights depending on matchups,” Clifford said of Williams. “He’ll space the floor and be a very good defender. He adds versatility because he can switch [defensively] with some of the perimeter guys. Really the way the NBA is going he’s becoming the prototypical [power forward] now 6’8″ or 6’9″, can make 3s and guard different guys.
  • Mario Chalmers, who was the subject of trade rumors throughout the offseason, leaned on LeBron James and Dwyane Wade for support to get through the uncertainty surrounding his future with the Heat, writes Barry Jackson of The Miami Herald. “LeBron and D-Wade are my two closest people when I’ve got things going on in my mind,” Chalmers said. “I talked to those two in the summer and it really helped ease my mind. Bron, big brother, he told me, ‘Don’t worry — it’s a business.’”

Florida Notes: Winslow, Vucevic, Chalmers

Justise Winslow, who was selected No. 10 overall by the Heat in this year’s draft, is excited about the creative ways that Miami’s coaching staff is planning on utilizing his diverse skillset this season, Barry Jackson of The Miami Herald relays. “It’s going to be good,” Winslow said. “The way they’re using me I think is going to be really special, really going to help me showcase a lot of my skills.” Winslow has been working with the coaching staff to improve the mechanics on his outside shot, which was one of the areas of his game that was criticized heading into this year’s draft, Jackson adds.

I definitely feel comfortable shooting from three-point range but it’s working on everything – pull-ups, mid-range, posting up, finishing. There has been a huge emphasis on my shooting mechanics, trying to get everything more fluid and more natural so I can become a better three-point shooter. But there hasn’t been an over-emphasis on three-point shooting,” said Winslow.

Here’s more from the Sunshine State:

  • Winslow isn’t sure what position he’ll play this season, but noted that the Heat‘s system is built on versatility, Ira Winderman of The Sun Sentinel writes. “The offense, all the positions are pretty interchangeable. And so I’m working on all my skills,” Winslow said. “Just playing alongside all the great players, some of the things will be limited,” he continued. “So just trying to find spots where if I’m in the game with Dwyane Wade , Goran Dragic and Chris Bosh, how I can be most efficient?
  • One of new Magic coach Scott Skiles‘ goals this season will be to get center Nikola Vucevic to be more aggressive and consistent on the defensive end, and to get to the foul line more on offense, Brian Schmitz of The Orlando Sentinel writes in his profile of the big man. Vucevic is entering the first season of the four-year, $53MM contract extension he inked with Orlando.
  • Though he is reportedly on the trading block, Mario Chalmers still remains the Heat‘s best option for a solid backup point guard, opines Winderman in his daily mailbag. The Sun Sentinel scribe notes that though Chalmers can be frustrating at times, he can thrive if placed in the right situations.

Heat Notes: Dragic, Andersen, Chalmers, Wade

Some of the teams with interest in Goran Dragic retreated from the idea of trading for him at the deadline because they felt the Heat had him essentially wrapped up for a long-term deal, sources from across the league tell Grantland’s Zach Lowe. Still, no one registered a tampering complaint, and a Heat spokesperson said to Lowe that there was no prearranged deal for when he hit free agency in the summer. The Lakers seemed to hang around as a threat, but the Heat appeared to have the inside track to re-sign Dragic right from the time he got to Miami. The All-Star combo guard indeed re-signed on a five-year deal worth slightly more than $85MM last month.

The Heat’s latest move became public this morning, with Miami reportedly having agreed to a camp deal with former Georgetown small forward Greg Whittington. See more from South Beach here:

Latest On Potential Heat Trades, Mario Chalmers

The Heat expect to keep Mario Chalmers until at least the start of training camp, and owner Micky Arison has made no demand that the team shed salary, reports Barry Jackson of the Miami Herald. The prospect of trading for Jamal Crawford, an idea the Heat reportedly raised in talks with the Clippers nearly two months ago, “can’t be ruled out,” but Miami is satisfied with its depth on the perimeter, Jackson writes. The Heat are still willing to trade Chris Andersen, but the market for him has been soft, Jackson hears from a higher-up who’s been in contact with the Heat, and no evidence suggests the Clippers are interested in him as part of a swap involving Crawford, Jackson adds.

The Heat would still prefer to offload salary and haven’t ruled out trading Chalmers, set to make a guaranteed $4.3MM in the final season of his contract this year, as soon as October, according to Jackson. The point guard hasn’t given indications that he’s expecting to be traded, and team president Pat Riley denied reports around draft time indicating that the team was shopping Chalmers and Andersen. Grantland’s Zach Lowe nonetheless heard a couple of weeks later that Chalmers and Andersen were available “for nothing.” Andersen didn’t seem concerned about the rumors when he made a public appearance earlier this week, as Ira Winderman of the Sun Sentinel chronicles.

An opposing GM told Jackson in mid-July that Chalmers and Shabazz Napier were the players the Heat were shopping the most aggressively, and Miami dealt Napier to the Magic later that month for no salary in return. That, plus the swap that sent Zoran Dragic to the Celtics with no other salary involved, helped Miami lower its payroll, though the Heat still have about $90.4MM in guaranteed salary, which puts them about $5.66MM above the $84.74MM luxury tax threshold. The Heat would have to pay repeat-offender tax penalties if they’re still above the tax line on the final day of the regular season. Miami only has 12 players on fully guaranteed deals, and if they keep Hassan Whiteside on his partially guaranteed contract but get rid of everyone else, they’d have a tax bill of roughly $16.3MM. Jackson estimates the tax bill at around $23MM, though that appears to include some of the non-guaranteed contracts.

Do you think the Heat will move below the luxury tax line this season? If so, how do you think they’ll manage to do it? Leave a comment to tell us.

Celtics Acquire Zoran Dragic From Heat

11:13am: The trade is official, the Celtics and Heat announced. The second-rounder going to Miami is a protected 2019 selection, according to the Heat.

11:07am: The Heat are sending enough cash in the deal to cover Dragic’s salary, reports Adam Himmelsbach of the Boston Globe (on Twitter).

10:49am: The second-rounder going to Boston is for 2020, reports Ira Winderman of the Sun Sentinel (Twitter link).

10:11am: The Celtics are acquiring Zoran Dragic from the Heat, reports Dan Le Batard of the Miami Herald and ESPN (Twitter link). He’s the brother of Goran Dragic, who’s OK with the deal, Le Batard adds. The Heat are also sending out a second-rounder, with another heavily protected second-rounder heading from Boston to Miami, reports Brian Windhorst of ESPN.com (on Twitter). It looks like the Heat aren’t taking salary back in the deal, so they’ll be able to reap luxury tax savings on top of the more than $1.706MM owed to Dragic for this coming season.

Miami has been carrying about $90.9MM in guaranteed salary, above the league’s $84.74MM tax threshold. The Dragic deal won’t take the team under that figure, and the Heat continue to look for takers for Mario Chalmers and his $4.3MM salary, as Marc Stein of ESPN.com hears (Twitter link). Miami would be subject to repeat-offender tax penalties if it’s above the tax threshold at the end of the regular season.

The Celtics use cap space to take in Dragic. Boston is set to complete the David Lee trade later today, but as that move has lingered as unofficial, the C’s have been able to operate as a team with cap space, making moves like the Perry Jones III trade and signing Jordan Mickey for more than two years. Boston had already been in line to carry 16 fully guaranteed contracts for the season ahead, so it would seem Dragic’s place on the opening night roster for the Celtics is not assured.

Miami also whittled its tax bill down with Sunday’s agreement to trade Shabazz Napier to the Magic. The Napier and Dragic deals stand to save the Heat around $11MM in salary and tax penalties combined, depending on other transactions, tweets Brian Windhorst of ESPN.com.

Reactions To Shabazz Napier Trade

Earlier today, the Magic agreed to acquire Shabazz Napier from the Heat in exchange for a protected future second-round pick. The only way the Heat will get the Magic’s second-round pick in 2016 will be if Orlando finishes with one of the NBA’s five best records during the 2015-16 regular season. If the Magic’s second-round pick falls anywhere from 31st overall through 55th overall, the Magic would keep the pick. Miami wanted to deal Napier because of luxury tax concerns, according to previous reports. Napier is set to make about $1.3MM this season and has a team option on his salary for the 2016/17 season. Therefore, the reported deal will allow the Heat to create a trade exception worth $1,294,440, the precise value of Napier’s salary this season.

Here are some reactions from around the industry to the move:

  • Dealing Napier could be a sign that the Heat is keeping guard Mario Chalmers, who Miami has reportedly been shopping, Joseph Goodman of The Miami Herald writes. It’s still very possible Miami trades Chalmers, however, Goodman adds, because he is owed $4.3MM next season.
  • With Napier gone, Heat fans will have one less reminder of LeBron James, Goodman adds in the same piece. James pushed for the team to draft Napier, who mostly struggled as a rookie. The fact Miami was willing to trade Napier to a division rival means that the team does not view the guard as much of a threat, Goodman concludes.
  • From the Magic’s point of view, the deal is a good one because there is no risk involved, Josh Robbins of the Orlando Sentinel writes. The Magic benefit because they will acquire a young player with upside, Robbins adds.
  • In the same piece, Robbins points out that Napier’s arrival might very well be bad news for Keith Appling, who the Magic agreed to sign last week to a two-year deal that includes a small guarantee. The contract will give Appling a chance to participate in the Magic’s training camp, but Napier’s presence likely will make it difficult for Appling to make the regular-season roster, Robbins writes.
  • The trade has a lot to do with the Heat’s depth chart, considering Miami also has Josh Richardson and Tyler Johnson as guards, according to Ira Winderman of The Sun Sentinel (Twitter link). The Heat could save more than $4MM with the deal, but that only would be the case if the team chooses to carry only 14 players, Winderman tweets.