Reggie Jackson

Eastern Notes: Jackson, Embiid, Raptors

Pistons coach/executive Stan Van Gundy, while appearing on SI.com’s Chris Mannix’s radio show (Twitter link), said the fear of Reggie Jackson signing a one-year qualifying offer played a big role in the five-year max contract Detroit offered. The five-year, $80MM deal was officially announced Monday. Jackson said the offseason moves the Pistons made prior to his agreement — Detroit added Ersan Ilyasova, Marcus Morris, Stanley Johnson and Aron Baynes — reinforced his decision, Brendan Savage of MLive.com writes.

“I knew this was the place I wanted to be,” Jackson said. “But definitely some of the pieces that we signed, that made it that much more sweeter.”

Here’s more from the Eastern Conference:

  • Bob Cooney of the Philadelphia Daily News said on radio station 94-WIP (relayed by CSNPhilly.com) that Joel Embiid‘s navicular bone in his right foot was re-broken. The news comes one month after the Sixers announced that Embiid had suffered a setback and a little more than a week after it was revealed the center needed another surgery.
  • Norman Powell, who the Raptors picked in the second round, will make $650,000 as a rookie, then $875,000 guaranteed in the second year and $1MM (not guaranteed) in the final year of a three-year contract, Eric Pincus of Basketball Insiders tweets.
  • The Raptors used the room exception to sign Bismack Biyombo, Pincus reports (Twitter link).

Pistons Re-Sign Reggie Jackson

NBA: Detroit Pistons at Boston Celtics

Courtesy of USA Today Sports Images

JULY 20TH 4:57pm: The deal is official, the team announced in a press release.

JULY 5TH, 8:57pm: The Pistons will re-sign restricted free agent guard Reggie Jackson to a five-year, $80MM deal, according to Adrian Wojnarowski of Yahoo Sports (Twitter link). ESPN’s Chris Broussard tweets that the deal does not include any options.

The guard was at the Pistons’ summer league opener on Saturday and that turned out to be a good sign, as coach/executive Stan Van Gundy suspected it would be. Van Gundy and GM Jeff Bower negotiated the deal with Jackson’s agent, Aaron Mintz of CAA, over the past 48 hours at the Orlando summer league, reports Wojnarowski in a full story. Jackson hadn’t pursued offer sheets on the market this summer,  Wojnarowski adds. The deal also means the Pistons are confident that they can play Jackson and Brandon Jennings together next season, both on and off the ball, NBA.com’s David Aldridge tweets.

In our Free Agent Stock Watch Series, Dana Gauruder wrote about how Jackson emerged as one of the league’s top free agent targets after he was traded from the Thunder to the Pistons, who immediately installed him as their starting point guard. Jackson turned down an offer worth more than $12MM a year in extension talks with the Thunder last year because he wanted out of Oklahoma City and he wanted to be a starter. With his new deal, Jackson is looked at as a cornerstone for the Pistons.

Eastern Notes: Celtics, Anthony, Jackson

The Celtics depart the Las Vegas Summer League feeling much better about a number of their 2015 draftees, Mark Murphy of The Boston Herald relays. Celtics Summer League coach Micah Shrewsberry, discussing guards Terry Rozier, R.J. Hunter and Marcus Thornton, and forward Jordan Mickey, said, “They’re all hard workers. They all love the game, and that stood out first. They’re in the gym working. Terry and Jordan Mickey were on the workout buffet, all over the place in the month of June. They get drafted, get a couple of days, and then come right to practice. They played a lot of minutes and got stronger as the week went on. R.J. was the same way. He started out a little shaky, but he eventually showed what he can do. They’re each going to get better and better, not just this season but as their careers go on.” The Celtics and Mickey are still in the process of negotiating his rookie contract.

Here’s more from around the Eastern Conference:

  • Pistons coach/executive Stan Van Gundy said on The Chris Mannix Show on NBC Sports Radio that the team’s fear of restricted free agent Reggie Jackson signing a one-year qualifying offer played a big part in Detroit’s willingness to offer Jackson a five-year $80MM deal (Twitter link). Detroit obviously wanted to avoid a situation similar to the one it experienced last season when Greg Monroe opted to sign his qualifying offer and then signed as an unrestricted free agent with the Bucks this offseason.
  • New York’s slow rebuilding has reportedly left Carmelo Anthony wondering about the Knicks‘ plan, but even though team president Phil Jackson hasn’t been in touch with his star forward, GM Steve Mills has maintained contact with Anthony, who still trusts Jackson’s judgments, reports Marc Berman of the New York Post.
  • Guillermo Hernangomez, the 35th overall pick last month, will play again for Real Madrid this coming season, the club announced. He spent the past two seasons on loan to fellow Spanish club Baloncesto Sevilla. The Knicks acquired the NBA rights to the center in a trade worked out on draft night, and New York reportedly plans to sign him next summer.
  • Cory Joseph‘s four-year pact with the Raptors will see the point guard earn $7MM for the coming season, $7.315MM in 2016/17, $7.63MM in 2017/18, and includes a player option for the final season worth $7.945MM, Eric Pincus of Basketball Insiders relays.
  • The Raptors‘ biggest offseason signing, DeMarre Carroll, will earn $13.6MM in 2015/16, $14.2MM during year two, $14.8MM during the 2017/18 campaign, and will cap off his contract with a salary of $15.4MM in 2018/19, Pincus adds.

Southeast Notes: Wall, Millsap, Stoudemire

The Wizardssigning of John Wall to a five-year, approximately $80MM extension back in 2013 came with risk, but Wall has made the deal look like a bargain compared to a number of recent contracts that have been handed out, Jorge Castillo of The Washington Post writes. Wall compared the value of his deal to that of Reggie Jackson, who recently inked an almost identical deal with the Pistons, saying, “Man, everybody talking about me getting $80MM and you got people getting $85MM and $90MM that ain’t been an All-Star or anything like that. I guess they came in at the right time. The new CBA kicked in at the right time. That new CBA kicked in and they’re good now. Like, Reggie Jackson gets five years, 80. Like, I’m getting the same amount as Reggie Jackson right now.”

Jackson averaged 17.6 points and 9.2 assists in 27 games with the Pistons last season, while Wall notched 17.6 points along with 10 assists per contest for Washington. “I can’t control it. That’s what happens,” Wall continued. “But I’m happy for those guys. To see anybody get the opportunity to live their dream out and take care of their family when they can, that’s a blessing. So I’m happy for those guys.”

Here’s more out of the Southeast Division:

  • Hawks coach/executive Mike Budenholzer admitted that the team’s offseason revolved around re-signing forward Paul Millsap, Chris Vivlamore of The Atlanta Journal Constitution relays. When asked if the team had to choose between Millsap and DeMarre Carroll, who departed for the Raptors as a free agent, Budenholzer said, “
  • Newly signed Amar’e Stoudemire is willing to fill any role the Heat require of him, Michael Wallace of ESPN.com writes. “It’s whatever the coaching staff asks,” Stoudemire said. “I can play however much or however long he [coach Erik Spoelstra] needs me to. You know, it’s whatever it takes to win.
  • Wizards second round pick Aaron White is almost certain to play in Europe during the 2015/16 season, J. Michael of CSNWashington.com writes, though his agent doesn’t seem anxious to make any declarations. “It’s too early to say,” Chris Emens, White’s agent, told Michael about whether White will be on Washington’s preseason roster. “We’re talking to [the Wizards] about some of that stuff. We’re also talking to international teams. Right now the biggest thing for Aaron is to develop, particularly when the roster sheds a lot of spots next season, for him and be ready to step in and play a role.

And-Ones: Cavs, Raptors, Pistons

Cavs GM David Griffin told reporters, including Chris Haynes of The Northeast Ohio Media Group, that he is interested in re-signing unrestricted free agent J.R. Smith and restricted free agent Matthew Dellavedova. “In Delly’s case, the restricted free agency is a totally different process,” Griffin said. “With J.R., I wouldn’t want to characterize the discussion or anything, but he’s a player I’d like to have back. We just have to find a way to make it work.”

Here’s more from around the basketball world:

  • The Raptors have hired Andy Greer as an assistant coach, reports Yahoo Sports’ Adrian Wojnarowski (on Twitter). Greer, who previously was an assistant with the Bulls under former Chicago coach Tom Thibodeau, will run the Raptors’ defense.
  • The Raptors let a leftover sliver of the Steve Novak trade exception expire Friday. It was initially a $3,445,947 exception created when Toronto sent Novak to Utah on July 10th, 2014. The lion’s share of it went toward the acquisition of Luke Ridnour last month, a move that failed to be of much efficacy for the Raptors, who simply waived Ridnour this past Thursday.
  • The Pistons plan to proceed with finalizing Reggie Jackson‘s five-year, $80 million contract later this week or early next week, Detroit coach/executive Stan Van Gundy told reporters including David Mayo of MLive.com. At around the same time, Gundy plans to address the topic of Andre Drummond‘s contract extension, Mayo adds. The Pistons expect to lock Drummond into a long-term extension, Mayo writes, though they would have about another $15MM in cap flexibility in 2016/17 if the 21-year-old center agrees to wait until 2016 to sign rather than inking an extension this summer.
  • Free agent guard A.J. Price, who was formerly with the Suns, is mulling a move overseas and might land with Serbia’s Red Star Belgrade, a source told David Pick of Eurobasket.com (on Twitter).
  • Anthony Randolph has decided to return to Russia and the former NBA forward re-signed with Kuban, Pick also tweets.

Chuck Myron contributed to this post.

Central Rumors: Drummond, Butler, Pacers

The Pistons will begin extension talks with center Andre Drummond this summer with the aim of signing him to a long-term deal, most likely for the max, Terry Foster of the Detroit News reports. The Pistons want to lock up their franchise player even though they could have more flexibility to sign free agents and make trades next summer by waiting to re-sign him when he’s a restricted free agent, Foster continues. The incentive for Drummond is to get the guaranteed money now in case he suffers a significant injury, Foster adds. Money is apparently no object to get an agreement. “We have until the end of October so we will get into those talks in the next couple of weeks,” Pistons president of basketball operations and coach Stan Van Gundy said during a press conference. “What you are talking about there is more timing than anything. It is not like you will be haggling over dollars, so it is a different situation.”

In other news around the Central Division:

  • Van Gundy admitted he took “a little bit of a gamble” with his commitment to point guard Reggie Jackson, who has never started a full season, John Niyo of the Detroit News writes. Jackson, a restricted free agent, agreed to a five-year, $80MM deal without any options to be the team’s floor leader going forward. Van Gundy wanted to have Jackson for the long haul. “You’ve got to weigh in future years,” Van Gundy told the Detroit media. “Most of the guys who signed free-agent contracts [this July], they’ve got an out after year three or four. We were willing to pay more money to not have the out.”
  • Jimmy Butler received a $4.6MM signing bonus when he re-signed with the Bulls, Marc Stein of ESPN.com tweets. Butler stayed put with a five-year deal worth approximately $95MM. A 5% trade kicker is another element to the contract, according to Eric Pincus of Basketball Insiders (Twitter link).
  • The Pacers will use cap room to re-sign guard Rodney Stuckey since they renounced his non-Bird rights, Pincus reports. They also renounced their rights to Andrew Bynum, David West and Luis Scola, among others, Pincus adds (Twitter links). Stuckey agreed to a three-year, $21MM deal to remain with Indiana.

Eastern Rumors: Jackson, Knicks, Smith

Reggie Jackson shakes off skepticism about the contract he agreed to with the Pistons and believes he’ll prove to be a bargain, Vince Ellis of the Detroit Free Press reports. Jackson will become the highest-paid player in team history when he signs the five-year, $80MM contract that was hammered out on Sunday night. He was a backup behind Russell Westbrook with the Thunder until the Pistons acquired him as their starting floor leader at the trade deadline. “It’s a small sample size; I understand people see the small size and all that,” Jackson said to Ellis. “A lot of these players getting deals have been starters their whole career and are hitting game-winning shots and other things like that. In about two or three years I hope everybody says Reggie Jackson is underpaid.”

In other news around the Eastern Conference:

  • The Knicks may offer their $2.814MM room exception for teams under the cap to Alexey Shved, Marc Berman of the New York Post reports. According to the source, Shved, who played 16 games with the Knicks last season, has two other NBA teams interested as well a handful of European offers, a source told Berman. Veterans Caron Butler and Willie Green are two other players that the club is considering with its room exception, Berman adds.
  • J.R. Smith wants a three-year commitment from the team on his next deal, according to Chris Haynes of the Northeast Ohio Media Group. Haynes seconds the notion that Smith is unlikely to end up re-signing with the Cavs, as it seems like Cleveland doesn’t want to invest long-term in him. The Plain Dealer’s Terry Pluto wrote earlier that Smith “pretty much signed his exit papers” from Cleveland when he opted out. But Marc Stein of ESPN.com tweets that the team has not abandoned its pursuit of Smith and desires to keep the 2014/15 core intact.
  • Bucks coach Jason Kidd and GM John Hammond denied a report that Kidd would take over the team’s operations, Tamira Madsen of the Associated Press reports. The report from onmilwaukee.com also claimed Hammond would be reassigned within the Bucks organization or possibly leave the team but Kidd told the AP that was false. “There is no friction, there is no announcement,” Kidd said.

Central Notes: James, Jackson, Bucks

LeBron James won’t begin contract talks with the Cavaliers until negotiations with Tristan Thompson are completed, tweets Brian Windhorst of ESPN.com. Cleveland is trying to reach a new deal with the 24-year-old, but talks are currently stalled. Thompson and the Cavaliers discussed a deal this week worth more than $80MM.

There’s more from the Central Division:

  • Free agent guard Reggie Jackson was part of the crowd for the Pistons‘ summer league opener today in Orlando, writes Terry Foster of The Detroit News. Coach/executive Stan Van Gundy said there is no indication Jackson is negotiating with other teams and the team hopes to meet with him soon to work out a new contract. He took Jackson’s presence today as a positive step. “It is a sign he wants to be here,” Van Gundy said.
  • After they agreed to terms with Greg Monroe earlier this week, Zach Lowe of Grantland believes the Bucks will look to trade away one of their frontcourt players.
  • The agreement between Khris Middleton and the Bucks came together so fast that other teams didn’t even get a real chance to speak with the 23-year-old, Lowe writes in a separate piece.

Chris Crouse contributed to this post

Eastern Rumors: Cavs, DeRozan, Celtics, Monroe

Some sources tell Alex Kennedy of Basketball Insiders that they think LeBron James will ask the Cavs to change coaches (Twitter link), though he has no intention of pushing the team to fire David Blatt, as ESPN’s Chris Broussard reported last week. Blatt has made it clear on multiple occasions that he expects he’ll be back. Still, we’ll see what happens this summer in Cleveland. Here’s more from the Eastern Conference:

  • Chatter continues to indicate that DeMar DeRozan will opt out and seek a maximum-salary deal next summer, and “there is no way” that the Raptors would be willing to pay him that much, reports Ryan Wolstat of the Toronto Sun. For this summer, the Raptors will probably have particular interest in Marc Gasol and Paul Millsap, Wolstat also writes.
  • Celtics don’t find their chances to land a star encouraging, as Adam Himmelsbach of The Boston Globe hears. Himmelsbach confirms earlier reports of interest in Greg Monroe and Millsap, though he hears from several team sources who say the team didn’t offer Marcus Smart in trade proposals to other teams on draft day.
  • Kevin Arnovitz of ESPN.com believes the new regime in Atlanta isn’t as enamored with Monroe’s game as the team’s last set of higher-ups was (Twitter link). The Hawks, who have a new principal owner in Tony Ressler and have formally cut ties with GM Danny Ferry, aren’t among the teams reportedly meeting with the soon-to-be free agent big man.
  • Jimmy Butler would like to sign a one-year offer sheet with the Lakers, a league source tells Mark Medina of the Los Angeles Daily News, but that would be impossible since offer sheets must be for at least two years and at least three if, as the Bulls have long planned, Chicago makes a five-year max offer. Adrian Wojnarowski of Yahoo! Sports reported a couple of weeks ago that Butler’s interest in the Lakers had increased, but the Bulls have the right to match any offer and are expected to do so, Medina notes.
  • Reggie Jackson turned down an offer worth more than $12MM a year in extension talks with the Thunder last year because he wanted out of Oklahoma City and onto a team where he could start, a source told Vince Ellis of the Detroit Free Press. Jackson will probably demand the max if the Pistons want him to sign for five years, the same source said to Ellis.
  • Mario Hezonja and Barcelona, his Spanish team, have reached a deal on a buyout that will allow him to part ways with the club and sign with the Magic, who drafted him fifth overall Thursday, reports Jose Ignacio Huguet of Mundo Deportivo (translation via Sporando’s Enea Trapani). The buyout is worth 1.6 million euros, the equivalent of about $1.79MM at today’s exchange rate. Orlando will presumably cover the maximum $625K of that amount.

Central Notes: Jackson, Pacers, Bulls

The Pistons have tendered a qualifying offer worth $4,433,683 to Reggie Jackson, making him a restricted free agent this summer, Eric Pincus of Basketball Insiders reports (Twitter link). Detroit will now have the opportunity to match any offer sheet that Jackson signs, though it is not a given that it will do so. Ken Berger of CBSSports.com had previously relayed that if Emmanuel Mudiay were to be available at the No. 8 overall pick, the Pistons would consider allowing Jackson to depart this offseason. Vince Ellis of The Detroit Free Press (Twitter link) concurs that Detroit would snag Mudiay if he were available, though the franchise doesn’t believe he is ready to run an NBA team just yet.

Here’s more from the NBA’s Central Division:

  • The Pacers will focus on accumulating talent in the draft, and not on any particular position, Indiana GM Kevin Pritchard said, notes Mark Montieth of NBA.com. “More than ever, it’s not like you’re going after a quarterback or point guard,” Pritchard said. “You’re seeing the teams that really succeed put five guys who can really make plays out there. You try to get the best player you can, because in a small market, it’s your only chance to get special. We’re not New York or L.A., so to get special you have to do it in the draft.
  • Pritchard also said that the Pacers are focused on “four or five” players with the No. 11 overall pick, but are prepared to call audibles if a player “drops” during the draft, Montieth adds. The team isn’t opposed to dealing the pick either, the NBA.com scribe adds. “We’re not afraid to trade the pick; we talk about that all the time,” Pritchard said. “We’ve heard a lot about 11. There’s interest in 11. Moving down is tough because then the draft selects for you instead of you selecting the draft.
  • The Bulls, who are badly in need of backcourt depth, will have numerous options in the draft to add a rotation piece, K.C. Johnson of The Chicago Tribune writes. Playmakers who could potentially be available at the No. 22 overall pick include Delon Wright, Jerian Grant, and Tyus Jones, Johnson adds.