Michael Kidd-Gilchrist

Hornets Sign Michael Kidd-Gilchrist To Extension

NBA: Charlotte Hornets at Chicago Bulls

Courtesy of USA Today Sports Images

TUESDAY, 12:40pm: The deal is official, the Hornets announced.

“Michael is a huge part of what we are trying to build here in Charlotte,” GM Rich Cho said in the team’s statement. “He has dedicated himself to improving and expanding his game. Michael continues to develop on both ends of the court and has become a key piece of our team. We are thrilled that he is a Charlotte Hornet.” 

MONDAY, 8:09pm: The Hornets are close to signing forward Michael Kidd-Gilchrist to a four-year, $52MM contract extension, league sources told Adrian Wojnarowski of Yahoo Sports. The agreement will be finalized this week with a news conference to follow, sources told Wojnarowski. Rick Bonnell of the Charlotte Observer confirms the deal and adds that the Leon Rose client will take a physical on Tuesday (Twitter link).

The No. 2 overall pick in the 2012 draft will make $6,331,404 this season before the extension kicks in.

Kidd-Gilchrist averaged 10.9 points and 7.6 rebounds for Charlotte last season, his third in the league. He only appeared in 55 games before an ankle injury cut his season short.

The 21-year-old small forward has a reputation for being a stout one-on-one defender, and his player efficiency rating of 15.14 last season reflects that despite his relatively modest offensive contributions and the fact he’s averaged less than one block and one steal in each of his seasons. Hornets coach Steve Clifford proclaimed in March that Kidd-Gilchrist has the talent to become the best perimeter defender in this generation of NBA players.

He’s shot 46.4% from the field in his short career, though he’s not a threat from the 3-point line. He’s made only three shots from long range and didn’t even attempt one last season.

Southeast Notes: Kidd-Gilchrist, Horford, Deng

People around the league applaud what the Hornets are getting out of the extension deal Charlotte has reportedly struck with Michael Kidd-Gilchrist, as Grantland’s Zach Lowe hears (All six Twitter links right here). The starting salary should be roughly in line with his cap hold for next summer, which would have been $12,662,808, so the Hornets aren’t truly compromising their cap flexibility, Lowe points out. The deal is not without its potential pitfalls, given his lack of outside shooting and elite ball-handling, so it will challenge the Hornets to surround him with others who can fill in the gaps, but it’s nonetheless a risk worth taking, given the work ethic of the former No. 2 overall pick. He’s capable of moving to power forward, giving him more versatility than Tony Allen, a player to whom Kidd-Gilchrist is often compared, Lowe adds. See more from around the Southeast Division:

Southeast Notes: Ferry, Bazemore, Bosh, MKG

Kent Bazemore admits that Danny Ferry‘s name gets brought up in the Hawks‘ locker room quite a bit and the guard believes Ferry deserves credit for putting a championship contender together, as he tells Charles Bethea in an interview for Grantland.com.

“[Ferry is] definitely a huge part of this year’s success. It was unfortunate what happened, but that doesn’t change the way I feel about Mr. Ferry. I flew into Atlanta this summer and had lunch with him. And he’s a great guy,” Bazemore said.  “We sat there, we laughed, we joked. He has a huge group of friends, believe it or not, in the NBA. So I look at it as a business. He’s trying to do his best for his organization, and he’s done a great job of getting the right guys in and creating a team that’s number one in the East and almost the best team in the NBA right now, recordwise. He could win the GM award.”

In our latest poll, about 30% of Hoops Rumors readers believe Ferry should win the Executive of the Year award. As we wait to see whether or not the summer controversy surrounding the Hawks prevents Ferry from taking home the trophy, we’ll round up more from the Southeast:

  • Bazemore, before signing his two year, $4MM deal with the Hawks, played last season with Kobe Bryant and the Lakers. Some have suggested that free agents would be disinterested in signing with Los Angeles because of Bryant. Bazemore tells Bethea that that’s simply not the case and that it wasn’t difficult to play with the 17-time All-Star.
  • Chris Bosh isn’t letting his season-ending injury prevent him from contributing to the Heat, as Ira Winderman of the Sun Sentinel observes (subscription only link). Bosh has been playing the role of an assistant coach, and Dwyane Wade is supportive of what the big man brings to the bench. “If he sees something, he’ll come to you and he’ll tell you,” said Wade. “He’s been exciting. He’s been into it. I think he’s just enjoying being around the game again. We feel his excitement. It’s just good just to look over there and see him.
  • Hornets coach Steve Clifford believes Michael Kidd-Gilchrist has the talent to become the best perimeter defender in this generation of NBA players, according to Rick Bonnell of the Charlotte Observer. Kidd-Gilchrist becomes extension-eligible this summer, and such strong words likely indicate the Hornets would prefer to keep the Kentucky product around going forward.

Chris Crouse contributed to this post.

Ford’s Latest: Bucks, Raptors, Kings, MKG

ESPN.com’s Chad Ford latest Tank Rank feature focuses on the teams that have the best chance of landing an impact player in the 2014 draft, but those clubs could also end up being the most intriguing sellers leading up to the ’14 trade deadline. As such, Ford’s piece includes a handful of notable tidbits on some of the 10 clubs on his list. Here are the highlights:

  • The Bucks have been “steadfastly rejecting” trade offers for players who could help them in the short-term, such as Rudy Gay and Omer Asik. Ford interprets that as a sign that Milwaukee could be embracing the idea that “one bad season could lead to many, many good ones.”
  • While Raptors GM Masai Ujiri seems open to moving Kyle Lowry and DeMar DeRozan, rival GMs are even more interested in trying to pry away Jonas Valanciunas and Amir Johnson. According to Ford, Valanciunas is “virtually untouchable,” and it would take a high draft pick to land Johnson.
  • The Kings are in the market for a pass-first point guard, sources tell Ford. Sacramento just traded Greivis Vasquez to the Raptors in last week’s Rudy Gay deal, so presumably the team would like to replace Vasquez’s production at the point.
  • The Cavaliers continue to be active in discussions on trades that would improve the current roster, while the Bobcats also appear to favor deals that improve the team’s 2013/14 outlook. Ford hears that Michael Kidd-Gilchrist could be made available when he gets healthy.
  • Rival GMs are split on what Danny Ainge intends to do, and Ford suggests we may not know the Celtics‘ plans until February.

Eastern Notes: MKG/CDR, Teague, Kidd, Raptors

According to Rick Bonnell of the Charlotte Observer, Bobcats forward Michael Kidd-Gilchrist is ecstatic about the team’s recent addition of Chris Douglas-Roberts, a player who Kidd-Gilchrist idolized while growing up: “It’s so good to have (Douglas-Roberts) here, a dream-come-true for me and him to be on the same team…I never would have thought that in a million years. He’s my favorite player.”

Bonnell also relays what Douglas-Roberts is sharing with the former Kentucky Wildcat:

“(Kidd-Gilchrist) always been a student of the game since he was a little kid…(But) one thing you can’t prepare for is the business of this. I tell him, ‘You’re a basketball player – a good basketball player. Just have a thicker skin…“I told him you have to embrace all the pressure (of being the No. 2 overall pick). Never shy away from it…You want people criticizing you. You want the media talking about you, positively or negatively.” 

With that aside, here are some more noteworthy links to pass along out of the Eastern Conference tonight:

Bobcats Pick Up 2014/15 Options On Three

8:51 pm: The Bobcats have officially announced in a press release that they have exercised their 2014/15 options on Biyombo, Walker and Kidd-Gilchrist.

3:15 pm: The Bobcats have exercised their 2014/15 options on Bismack Biyombo, Kemba Walker, Michael Kidd-Gilchrist, reports Rick Bonnell of the Charlotte Observer (via Twitter). Biyombo and Walker are now locked up on fully guaranteed deals through 2015, while the team will hold one more option on Kidd-Gilchrist in ’15/16.

Kidd-Gilchrist’s option is for his third year, as opposed to Biyombo’s and Walker’s fourth-year options, but the Kentucky product will be in line for the largest ’14/15 salary due to his draft position. Kidd-Gilchrist will earn a little over $5MM next season, while Biyombo will make about $3.87MM and Walker will earn about $3.27MM. Biyombo and Walker will be extension-eligible next summer.

As our rookie contract option tracker shows, with tonight’s deadline looming, only a couple more teams still need to make decisions on whether to exercise or decline 2014/15 rookie contract options.

Bobcats Rumors: Jefferson, Roster, Trades

Zach Lowe's latest column for Grantland.com focuses on the Bobcats, and the efforts the team is making to move toward playoff contention. As Lowe notes, it's hard to see how the current players and assets held by the Bobcats point to a future as a 55-win team, but that's not necessarily every club's number one goal. For Charlotte, the short-term goal is returning to respectability, and the team feels like signing Al Jefferson this offseason is a step in the right direction. Here are a few of the most interesting tidbits from Lowe's piece:

  • The Bobcats considered sitting on some of their cap room, like the Sixers have done, or using it to absorb salaries and gain assets, like the Jazz did, but ultimately decided to spend it on Jefferson. "Of course, we had discussions about those options," said team president Rod Higgins. "We could have just sat on that money. But we've had a lot of losses over the last two years. We've gotten to the point now where we just want to compete. We have to send that message to our fans."
  • Jefferson didn't meet with any other teams in free agency besides the Bobcats and Jazz. Utah told Jefferson on July 1st that they weren't interested in re-signing him, which came as no surprise. "I told my teammates all season, 'Utah would be a fool to bring me back, with Enes [Kanter] and Derrick [Favors]," Jefferson said.
  • The Jazz did offer to sign-and-trade Jefferson to a team that didn't have room to sign him outright, but the big man was quickly sold on the Bobcats' pitch.
  • Lowe suggests that moving Kemba Walker in a Jrue Holiday-esque deal for a 2014 first-rounder could benefit the Bobcats, but the team doesn't appear to be seriously mulling that kind of move. Still, Higgins isn't ruling anything out, telling Lowe, "If there are opportunities to make this team better via trade, we will do that."
  • Higgins also denied that the Bobcats ever seriously discussed trading 2012's No. 2 pick (which became Michael Kidd-Gilchrist) in a deal for James Harden.
  • Lowe points out that, since none of the Bobcats' young players like Walker, Kidd-Gilchrist, Gerald Henderson, Cody Zeller, and Bismack Biyombo project as franchise guys, the team should have the flexibility to keep most or all of them long-term. That could put the club on a path similar to the Nuggets, who put together a collection of solid players worth between $6-11MM since moving Carmelo Anthony.
  • According to Lowe, executives around the league still aren't sure who makes the final calls on basketball decisions in Charlotte, with owner Michael Jordan, GM Rich Cho, and Higgins all involved in the process.

Odds & Ends: Mayo, Martin, Noel, Bulls

Here's the latest from around the Association as we gear up for the start of free agency..

  • The Jazz, Bucks, Timberwolves, Clippers, Blazers, Bobcats, and Bulls are all likely suitors for Mavs guard O.J. Mayo, USA Today's Sam Amick tweets.  Mayo is expected to turn down his $4.2MM option this summer and it makes a lot of sense considering the number of teams with major cap space to burn.
  • Kevin Martin is expected to draw interest from the Bucks, Pelicans, Timberwolves, Mavericks, and Pistons, as well as the Thundertweets Marc J. Spears of Yahoo! Sports.
  • Before Nerlens Noel fell to pick No. 6, the Pelicans were entertaining the idea of trading that selection to the Bobcats for Michael Kidd-Gilchrist, as Gary Washburn of the Boston Globe notes amid his weekly roundup.
  • Drastic change isn't likely to blow through the Windy City for the Bulls this summer, writes Aggrey Sam of CSNChicago.com.  There's still a lot of moving pieces for the club, but the major shifting probably won't come until the summer of 2014 for the Bulls.
  • The Wizards face some tough decisions with free agency approaching, writes Michael Lee of the Washington Post.  Washington obviously won't be in play for any of the elite free agents this summer and they have their sights set on less-thrilling goals, like retaining small forward Martell Webster.
  • We hear similar news out of Portland, where Joe Freeman of The Oregonian cautions fans not to expect anything too crazy out of the Blazers.  Of course, there have been rumblings over LaMarcus Aldridge's discontent.

Cho: Bobcats Not Shopping Michael Kidd-Gilchrist

Responding to a report that suggested the Bobcats are shopping last year's second overall pick, Michael Kidd-Gilchrist, GM Rich Cho appeared on WFNZ-AM 610 in Charlotte this morning to shoot down the MKG rumors, as Rick Bonnell of the Charlotte Observer details.

"No. We’re not shopping him," Cho said. "We get calls about all our players. It’s my job to take calls. We’re not shopping MKG."

While Cho's comments don't entirely rule out the possibility of a Kidd-Gilchrist trade, they do indicate that the team isn't being active in pursuing a deal. According to the initial report, Charlotte was shopping MKG with the intention of drafting Otto Porter at No. 4 overall. However, Bonnell hears from a source that the Wizards are "highly likely" to draft Porter third overall, which is in line with what Chad Ford of ESPN.com reported yesterday.

Cho went on to say that the teams listed as suitors for Kidd-Gilchrist in the initial report are "100% false," and that the Bobcats still like MKG, feeling that he had a good rookie season.

Odds & Ends: Coaches, James, Randolph, Williams

Here's a look around the NBA on this Monday afternoon.

  • Bulls.com writer Sam Smith has several interesting things to say in his latest "News, Notes, and Nonsense" column, but perhaps the most interesting bits of information come when he begins to discuss head coaches who are currently serving on the final year of their contract. 
  • HoopsHype.com has an interview with incoming Mavericks rookie Bernard James
  • Anthony Randolph is with the Nuggets this season. Throughout his career, Randolph's been a player full of untapped potential, and the Denver Post's Benjamin Hochman does a great job explaining why this year could finally be a breakout season. 
  • Nets guard Deron Williams told reporters today that Mark Cuban's decision not to show up to their free agency meeting was a big factor in his decision to sign with the Nets, tweets the New York Daily News' Stefan Bondy. 
  • Ridiculous Upside's Gino Pilato asks if Dexter Pittman should go back to the D-League. 
  • The Bobcats coaching staff wants to make sure they don't overload Michael Kidd-Gilchrist's brain with too many plays, writes the Charlotte Observer's Rick Bonnell. The rookie swingman has great basketball instincts, and the team's coaching staff just doesn't want to get in his way.