Nicolas Batum

Blazers Match Offer Sheet For Nicolas Batum

FRIDAY, 12:08pm: The Blazers have now officially announced the Batum signing (Twitter link).

WEDNESDAY, 6:24pm: The forward will earn $10.7M in each of the first two seasons while year three is worth $10.9MM and year four is $11.2MM, tweets Chris Haynes of CSNNW.com.

6:20pm: Batum's deal includes a $1.5MM signing bonus, according to Chris Haynes of CSNNW.com (via Twitter).

4:49pm: Olshey informed reporters, including Joe Freeman of the Oregonian (Twitter link), that Batum's offer sheet wasn't quite as high as the $46.5MM that had been reported. The Blazers GM explained that some of the incentives included in the deal were rejected by the NBA, and said Portland would still have a little cap room left after signing Batum and Ronnie Price (Twitter link).

4:16pm: The Trail Blazers have officially matched the Timberwolves' offer sheet for Batum, the team announced today. The Blazers' contract with Batum will be for four years and $46.5MM. It includes a 15% trade kicker, and could be worth up to $50MM if Batum reaches certain incentives.

Read more

Free Agent Rumors: O’Neal, Bulls, Wallace

The Spurs have made a handful of signings so far this summer, but every contract agreement they've reached has been for one of their own players — unrestricted free agents Tim Duncan and Boris Diaw will return, along with restricted free agents Danny Green and Patty Mills. Even the team's one new addition, Nando De Colo, wasn't a free agent, since San Antonio held his NBA rights exclusively. The Spurs are standing relatively pat this offseason, not pursuing outside free agents, and that's just fine with coach Gregg Popovich, as he tells Jeff McDonald of the San Antonio Express-News.

So while the remaining free agents on the market aren't likely to draw a ton of interest from San Antonio, there are plenty of other potential destinations out there. Here's the latest on a few available players:

  • The Bucks are taking a "long look" at Jermaine O'Neal's workout today, tweets Bill Ingram of HoopsWorld.

Earlier updates:

  • The Bulls are eyeing shooting guards such as Marco Belinelli, Randy Foye, Delonte West, and Willie Green, according to Aggrey Sam of CSNChicago.com.
  • Despite indicating earlier this year that he intended to retire, Ben Wallace would like to return to the Pistons for the 2012/13 season, says Vincent Goodwill of the Detroit News. The Pistons have a full roster, so they'd have to make a move to clear a spot to sign the unrestricted free agent.
  • The Warriors and Bobcats are still pursuing Carl Landry, writes Alex Kennedy of HoopsWorld. Charlotte, which could offer Landry more money, is attempting to work out a sign-and-trade deal with the Hornets.
  • A number of teams have expressed interest in Mickael Pietrus, but the Celtics are still "very much in the picture," says A. Sherrod Blakely of CSNNE.com. Jared Zwerling of ESPNNewYork.com adds (via Twitter) that Pietrus has a "huge" offer from an overseas team, but that he wants to play for an NBA contender on more than a minimum-salary deal.
  • The Clippers have reached out to Ryan Hollins and Darko Milicic, in hopes of adding a backup big man for the minimum salary, writes Broderick Turner of the Los Angeles Times. Darko's agent Marc Cornstein says playing time will be a bigger factor for his client than money, since the Timberwolves are still sending him pay checks.
  • A big-name free agent came off the market yesterday when the Trail Blazers matched Nicolas Batum's offer sheet. As Steve Kyler of HoopsWorld writes, Blazers GM Neil Olshey stressed that reports suggesting Batum didn't want to return to Portland were orchestrated by the Timberwolves and Batum's agent. "Nic never said that," Olshey said. "Let’s be very clear. Nic made a couple of comments at the behest of the Minnesota Timberwolves and his agent. That was their agenda; it was never Nicolas’s agenda."

Blazers Notes: Cap Room, Batum, Sampson

Earlier today, the Trail Blazers announced that they have officially matched the Timberwolves’ offer for forward Nicolas Batum.  It always seemed like Portland was going to keep the restrictred free agent this summer, but Minnesota made the Blazers dig deep in order to do so.  The offer sheet for Batum was reportedly $46.5MM over four years and includes incentives and a 15% trade kicker that could increase the overall value to $50MM.  Here’s more out of Portland..

  • General Manager Neil Olshey says that the Blazers have a $3.5MM trade exception from the Raymond Felton deal with the Knicks, meaning that they are still technically over the cap, tweets Jeff Kramer of Storyteller’s Contracts
  • Olshey told reporters, including Ben Golliver of Blazer’s Edge (via Twitter) that the offer sheet wasn’t for as much as reports indicated, though he did not give a figure for its actual value.  The GM also acknowledged that the club did its due diligence and talked sign-and-trade with Minnesota before opting to retain Batum.
  • Olshey reiterated that he is in “no rush” to hire a head coach and said his search will extend beyond the summer league period, tweets Joe Freeman of The Oregonian.
  • Rockets assistant Kelvin Sampson says ‪that the Blazers‬ inquired about him in regards to the head coaching job but hasn’t been asked to interview, tweets Chris Haynes of CSNNW.com.  Earlier this week it was reported that the club will interview Patrick Ewing for the job, but it is believed to just be a courtesy.

Free Agent Rumors: Timberwolves, Rush, Mills

A couple more notable names came off the free agent market this morning, when Kris Humphries landed a two-year deal from the Nets and Grant Hill agreed to sign with the Clippers. While a number of solid rotation players are still available, the market is rapidly thinning for teams in search of starters. As clubs continue to jockey to sign the remaining available players, we'll track many of today's free agent rumors right here:

Earlier updates:

Read more

Odds & Ends: T-Wolves, Griffin, Nuggets, Hollins

Chris Haynes from CSNNW.com has confirmed that the Timberwolves offered Derrick Williams and two first round picks in exchange for Nicolas Batum earlier this summer. Portland, obviously, turned the deal down. (Twitter link). Batum has signed an offer sheet that was given to him by Minnesota, but Trail Blazers general manager Neil Olshey has repeatedly said he would match it before the Wednesday night deadline, sending him back to Portland on a four-year, $46.5MM deal. 
  • After tearing his left meniscus during a Team USA practise last Wednesday, Blake Griffin was forced to remove himself from the Olympic games. The Clippers forward had successful surgery today, and is still expected to be ready in time for training camp, tweets Yahoo! Sports columnist Marc J. Spears. 
  • The Nuggets are considering using their amnesty provision on forward Chris Andersen, tweets Gery Woelfel of the Racine Journal Times. Andersen has two years and $9MM left on his deal.

Earlier updates:

Read more

Wolves Officially Sign Batum To Offer Sheet

The Blazers have officially received the offer sheet from Minnesota for restricted free agent Nicolas Batum, tweets Jason Quick of the Oregonian.  Chris Haynes of CSNNW.com confirms that it is for four years and $46.5MM with incentives that can take it up to $50MM, as well as a 15% trade kicker. 

Read more

Nicolas Batum Signs Timberwolves’ Offer Sheet

SATURDAY 7:46pm: The Trail Blazers' unwillingness to work out a sign-and-trade with the Timberwolves may stem from the two teams' ongoing discussions to resolve a dispute involving a prior trade for Webster, reports Ric Bucher of ESPN.com

FRIDAY 6:15pm: After waiving Martell Webster and trading Brad Miller earlier today, the Timberwolves will not be able to submit their offer sheet to Nicolas Batum until Sunday, writes Jaynes.

THURSDAY 9:51pm: Dwight Jaynes of CSNNW.com writes that Minnesota added a 15% trade kicker to Batum's offer sheet in which a hefty 15% tax is imposed on the team that trades him during his new contract. This essentially makes it more difficult for Portland to match the deal, however, since the Timberwolves have not submitted the offer sheet to the league yet, there still remains the possibility of a sign-and-trade with the Trail Blazers. 

Read more

Timberwolves Amnesty Darko Milicic

5:08pm: Count the Celtics, Nets and Clippers among the frontrunners to acquire Milicic, reports Marc J. Spears of Yahoo! Sports (via Twitter). 

SATURDAY, 4:15pm: Milicic has cleared waivers and is now an unrestricted free agent, ESPN.com's Marc Stein reports (Twitter link). 

THURSDAY, 11:55pm: The Timberwolves have officially waived Milicic and designated him as their amnestied player, the team announced (via Twitter). Teams with cap space can place bids on Darko, starting at a minimum of about $2.5MM, according to SI.com's Zach Lowe (via Twitter). If he goes unclaimed, he'll become an unrestricted free agent.

Read more

Northwest Rumors: Batum, Tolliver, Randolph, Roy

The Wolves' courtship of Nicolas Batum took another unusual turn last night, when Chris Haynes of CSNNW.com reported that the league has ruled the offer sheet he signed with the team is invalid, since the Wolves don't have enough cap space to accommodate the four-year, $46.5MM deal. Minnesota moved to clear cap space Friday by waiving Martell Webster and trading Brad Miller to the Hawks. They also renounced the rights to free agents Anthony Tolliver and Anthony Randolph, as fellow CSNNW.com scribe Dwight Jaynes reported. But, as Jaynes noted, Webster won't clear waivers until Sunday at 4:00pm Central, at which time the Wolves can finally submit a new signed offer sheet from Batum. That's not the only news from the Northwest, and we've got the rest here:

Read more

Blazers Notes: Sloan, Joerger, Griffin, Batum

We heard yesterday that Jerry Sloan withdrew his name from consideration for the Trail Blazers' head coach opening. Today, GM Neil Olshey revealed that Sloan was more seriously considered than we originally thought. Olshey told reporters, including Mike Tokito of the Oregonian, that he offered Sloan the job, but the former Jazz coach declined the offer after sleeping on it (Twitter links). Here are a few more Blazers updates, primarily involving the team's coaching search….

Read more