Robert Covington

Wolves, Hawks, Rockets, Nuggets Complete Four-Team Trade

FEBRUARY 5: The trade is now official, with Twitter announcements from the RocketsTimberwolves and Nuggets confirming the deal. Atlanta also formally waived Chandler Parsons to accommodate the trade, as detailed earlier.

FEBRUARY 4: The Timberwolves, Hawks, Rockets, and Nuggets are in agreement on a massive four-team trade, according to ESPN’s Adrian Wojnarowski (Twitter link). Shams Charania of The Athletic first reported (via Twitter) that the four clubs were close to reaching a deal, while Woj says (via Twitter) the players involved are now being informed.

According to Wojnarowski (Twitter link), Charania (Twitter links), Jon Krawczynski of The Athletic (Twitter link), and Jonathan Feigen of The Houston Chronicle (Twitter link), the trade looks like this:

There have been rumors for the last several days suggesting that a trade like this one could be in play. An earlier variation had the Warriors in Denver’s place, with the Wolves pursuing D’Angelo Russell, but Golden State backed off those talks earlier on Tuesday, leaving Minnesota, Houston, and Atlanta to work out a new agreement.

Let’s break down how the deal will impact each team…

Houston Rockets:

Daryl Morey‘s group has long been on the lookout for an upgrade on the wing, and they’ll get their man in Covington, a three-and-D specialist who is on a team-friendly contract that’s worth $11.3MM this season and runs through 2021/22.

The Rockets gave up two valuable assets in Capela and their 2020 first-round pick to bring in Covington, Bell, and a second-round pick. By moving Nene and Green in the deal, the team will also move well below the luxury-tax line, which would be a favorable outcome for ownership — while Tilman Fertitta has claimed to have signed off on the club being a taxpayer, it looks like this could be the second straight season that the Rockets sneak out of the tax at the deadline.

On the other hand, as Wojnarowski points out (via Twitter), the structure of the deal would allow Houston to take back up to another $12MM in salary. So until the trade is made official, there’s a window for the Rockets to potentially expand it even further to include another team and player, assuming they find a suitable target, agree on compensation, and are willing to go back into the tax. That won’t be easy, however.

While Bell could play some minutes at the five, the Rockets will remain on the lookout for a more reliable replacement for Capela, either via a trade or on the buyout market, tweets Jonathan Feigen of The Houston Chronicle. Houston’s go-to lineup will feature P.J. Tucker at center, but the team still wants a more traditional big to match up with star bigs in the playoffs, notes Tim MacMahon of ESPN (via Twitter).

MacMahon also adds (via Twitter) that Green, who is likely out for the season with a broken foot, had the ability to veto his inclusion in this trade, but won’t do so.

The move will reduce the Rockets’ roster count to 13 players on standard contracts, so the team will have two weeks to get back up to the NBA’s required minimum of 14 players.

Denver Nuggets:

The Nuggets were said to be seeking a first-round pick for Beasley and a second-round pick for Hernangomez, their two restricted-free-agents-to-be. They won’t quite meet that asking price, but they’ll at least get the first-rounder they were looking for, acquiring Houston’s 2020 pick in the deal.

In addition to sending out Beasley and Hernangomez, Denver also moved Vanderbilt and will bring back four players: Green, Bates-Diop, Napier, and Vonleh. The team had an open spot on its 15-man roster, so no one will have to be waived, though MacMahon reports (via Twitter) that Green is expected to be cut after the trade is official, once again opening up that last roster spot.

As ESPN’s Adrian Wojnarowski observes (via Twitter), Napier and Vonleh are capable of playing rotation minutes and providing depth off the bench for the Nuggets. Bates-Diop will probably be further down on the depth chart. Napier and Vonleh will be unrestricted free agents at season’s end, while KBD has a non-guaranteed minimum salary for 2020/21.

Having previously traded away their own 2020 first-round selection for Jerami Grant, the Nuggets can get back into this year’s draft with Houston’s first-rounder. Of course, with Wojnarowski suggesting Denver will continue to be active before Thursday’s deadline, that pick could theoretically be flipped in another move.

Atlanta Hawks:

The Hawks have been linked to several centers over the course of the season, reportedly expressing interest in Andre Drummond, Steven Adams, and Dewayne Dedmon, among others. In recent days, the club appeared to be zeroing in on Capela, a big man whose rim-running ability will complement Trae Young on offense and whose rim-protecting ability could help bail out Young on defense.

Atlanta will surrender Turner’s expiring contract, Brooklyn’s lottery-protected 2020 first-round pick, and an extra future second-round pick in order to lock up Capela. The move will give the Hawks some cost certainty in the middle — Capela, who has a $14.9MM cap hit in 2019/20, has three more years and about $51.3MM left on his contract after this season. He won’t be eligible for free agency until the summer of 2023.

Acquiring a center now rather than waiting until the summer and trying to land one in free agency will give the Hawks the opportunity to evaluate how Capela looks next to big man John Collins. A heel injury is currently nagging Capela, but it’s not believed to be an issue that jeopardizes the rest of his season.

A 2017 first-round pick, Collins will be eligible for a rookie scale extension during the 2020 offseason. If he meshes with Capela down the stretch, Atlanta would likely be more willing to invest heavily long-term in Collins, who is expected to seek the max or something close to it.

As ESPN’s Bobby Marks tweets, the Hawks are currently carrying 15 players, so they’ll have to waive or trade someone in order to take back both Capela and Nene for Turner, even if they intend to eventually release Nene.

Minnesota Timberwolves:

Although the Timberwolves probably would have preferred to get the Warriors involved in this deal to acquire Russell, they’ll get a handful of intriguing assets in exchange for Covington and several low-cost role players (Bell, Bates-Diop, Napier, and Vonleh).

Beasley and Hernangomez will both be eligible for restricted free agency this summer, which will give the Wolves the chance to match any offer sheet they sign. Neither player had been great this season in Denver, as a crowded depth chart pushed them out of the rotation at times, but they both had solid seasons in 2018/19.

Beasley averaged 11.3 PPG with a .474/.402/.848 shooting line in 81 games (23.2 MPG) a year ago, while Hernangomez averaged 5.8 PPG and 3.8 RPG on .439/.365/.767 shooting in 70 games (19.4 MPG). The Nuggets explored contract extensions last fall with both players, reportedly offering Beasley $30MM over three years, but they didn’t reach a deal with either one. Now the Wolves will have the opportunity to evaluate them during the season’s final two months and decide whether they’re part of the franchise’s long-term plans.

In addition to acquiring those two Denver players – and a little-used project in Vanderbilt – the Timberwolves take on Turner’s $18.6MM expiring contract, generating some extra cap flexibility for the 2020 offseason by moving off Covington’s guaranteed money. They also secured Brooklyn’s lottery-protected 2020 first-round pick, which could end up at No. 15 or 16 if the Nets hang onto a playoff spot this spring.

This move doesn’t necessarily affect the Wolves’ plans to revisit a Russell trade with the Warriors, though like Allen Crabbe, Turner can’t be aggregated with another player in a deadline deal to match D-Lo’s salary. That Brooklyn first-round pick figures to be one of the assets Minnesota dangles in any offer for Russell.

Like Houston, Minnesota will have two openings on its 15-man roster once this trade is finalized, and will have up to two weeks to get back up to 14 players, the league’s required minimum.

Photos courtesy of USA Today Sports Images.

Notes On Nuggets/Wolves/Rockets/Hawks Trade

Within the past month, both Malik Beasley and Juan Hernangomez approached Nuggets management about the possibility of being traded, a league source tells Mike Singer of The Denver Post. Beasley and Hernangomez were key parts of Denver’s rotation in 2018/19 but had less consistent roles this season in large part due to Jerami Grant‘s arrival and Michael Porter Jr.‘s emergence.

Both players sought more consistent playing time and will now get the chance to earn an increase in minutes in Minnesota. Beasley and Hernangomez, both of whom are eligible for restricted free agency at season’s end, could even become long-term building blocks for the Timberwolves if they finish the 2019/20 season strong.

Here are a few more notes and leftover items on the 12-player, four-team trade that also involved Atlanta and Houston:

  • Beasley was a popular trade target leading up to the deadline — a league source tells Singer that at least 10 or 12 teams had inquired on the fourth-year shooting guard in talks with the Nuggets.
  • Although there has been speculation that the Nuggets intend to use the first-round pick they’re acquiring from Houston as part of a potential package for Jrue Holiday, that wasn’t the team’s plan when it made the deal, Singer writes in a separate Denver Post article. The general belief is that the Pelicans will hang onto Holiday through the deadline anyway.
  • The trade helps clarify a crowded rotation in Denver and gives the Nuggets some options for subsequent moves, says Nick Kosmider of The Athletic.
  • Daryl Morey and the Rockets are going all-in on their small-ball philosophy by essentially swapping Clint Capela for Robert Covington, writes Jeff Zillgitt of USA Today. The deal shows just how unconventional Houston is willing to get, according to Kelly Iko of The Athletic, who explores the reasons why the team was okay with moving on from Capela.
  • Meanwhile, Chris Kirschner of The Athletic examines what Capela will bring to the Hawks and what the move means for the franchise’s present and future. As Kirschner points out, Atlanta wasn’t willing to give up a first-round pick for Andre Drummond, but did so for Capela, who is locked in for several years at a reasonable price. Capela should fit in with the Hawks’ up-tempo offense and help anchor their defense, Kirschner adds.
  • Count Trae Young among those excited by the Hawks‘ acquisition of Capela. Getting Clint, it’s big-time,” Young said, per Sarah K. Spencer of The Atlanta Journal-Constitution (Twitter links). “I already shot him a text and talked to him. I’m excited about getting him. … There’s been times late in games where we just couldn’t get a stop. All we needed was one stop. Having him makes our defense that much better.” Young’s enthusiasm is a good sign for the Hawks, since there were rumblings earlier this season that the second-year star wanted the team to make a move.

Wolves At Impasse With Warriors In D-Lo Talks

The Warriors are moving on from conversations with the Timberwolves about a D’Angelo Russell trade for now, reports Shams Charania of The Athletic (Twitter link). As Charania explains, Golden State has been firm in its asking price for Russell, and Minnesota has been unwilling to meet that price to this point.

The Warriors and Timberwolves exchanged trade concepts throughout the day, but a significant gap remains, per ESPN’s Adrian Wojnarowski, who tweets that Golden State is exploring deals that would help them shed salary and acquire draft assets. According to Kevin O’Connor of The Ringer, the impasse between the two teams can be attributed in large part to a disagreement over draft compensation.

O’Connor reports that the Timberwolves are offering their own protected 2020 first-round pick as well as Brooklyn’s lottery-protected 2020 first-rounder, which would be acquired as part of a multi-team trade sending Robert Covington to Houston and Clint Capela to Atlanta. However, the Warriors prefer future first-round picks, including Minnesota’s unprotected 2021 first-rounder, according to O’Connor, who notes that the 2020 draft isn’t considered a particularly strong one.

Interestingly, multiple league sources told O’Connor that Andrew Wiggins was part of “every iteration” of the potential swap being discussed by the Wolves and Warriors.

Although the Warriors are no longer actively involved in trade talks with the Wolves, Hawks, and Rockets, those three teams continue to engage, according to Wojnarowski (via Twitter). In fact, Charania reports (via Twitter) that those discussions are becoming serious.

Minnesota, Atlanta, and Houston are still exploring a trade that would send Covington to the Rockets, Capela to the Hawks, and Evan Turner‘s expiring contract and draft compensation to Minnesota, per Charania, who says that a new fourth team could emerge to round out the deal. The Nuggets are among the candidates to become that fourth team, tweets Wojnarowski, though he cautions that the situation is fluid and talks with other teams are ongoing.

With Denver looming as a potential fourth team, it’s worth noting that the Wolves have eyes for Malik Beasley, according to our Chris Crouse. Minnesota also has interest in Gary Harris, a source tells Crouse. If the Nuggets deal Harris, it would give them some extra financial flexibility to work out a deal with Beasley, who is a restricted free agent after the season.

There are a ton of moving parts involved in these discussions, so we’ll have to wait to see what’s next. D-Lo remains Minnesota’s top priority, so if the Wolves, Hawks, and Rockets end up completing a three-team trade involving Covington and Capela, Gersson Rosas‘ group could hang onto the assets it gets in that deal and attempt to re-open Russell talks with Golden State closer to the deadline or even in the offseason.

Chris Crouse contributed to this post.

Latest On Wolves’ Multi-Team D’Angelo Russell Trade Talks

As multiple reports have indicated, the Timberwolves have been making an effort to orchestrate multi-team trade talks involving the Warriors, Rockets, and Hawks that would help them land point guard D’Angelo Russell.

The basic goal of such a four-team deal would be get a center (Clint Capela) to Atlanta, a wing (Robert Covington) to Houston, Russell to Minnesota, and various assets to Golden State. However, according to those previous reports from ESPN’s Adrian Wojnarowski and Kevin O’Connor of The Ringer, Minnesota and Golden State haven’t been able to find common ground on a package for Russell.

The Timberwolves may need to give the Warriors flexibility on which year(s) they’d prefer to get draft picks, league sources tell Wojnarowski.

Multi-team trades aren’t easy to complete, so this mega-trade is certainly no lock to get done. But it also doesn’t appear as if the clubs involved have given up yet. Here are the latest updates on these four-team discussions:

  • Within his report, Wojnarowski suggests that Timberwolves forward Andrew Wiggins would almost certainly have to be included in any trade involving Russell for financial reasons, and our Chris Crouse confirms (via Twitter) that Wiggins has been discussed as part of a potential deal.
  • According to Jabari Young of CNBC (Twitter link), Hawks swingman Evan Turner – who has a pricey expiring contract – and Warriors center Kevon Looney are among the other players whose names have come up as parts of this potential trade.
  • The Hawks, Timberwolves, and Warriors are talking about what draft picks (and possible protections) would be involved in the trade, according to Young (Twitter link). The Rockets aren’t involved in that aspect of the deal and would presumably just receive Covington and a center, Young adds.
  • Jonathan Feigen of The Houston Chronicle (Twitter link) hears that the Rockets like Looney as a potential option to replace Capela in the middle if they can land a three-and-D upgrade such as Covington.
  • According to John Hollinger of The Athletic (Twitter link), a four-team, seven-player trade that includes Wiggins, Russell, Covington, Capela, Looney, Turner, and Nene could get both the Warriors and Rockets out of the tax. Wojnarowksi has suggested that the Warriors are interested in shedding some salary — they’d avoid repeater penalties if they sneak below the tax line this year.

Trade Rumors: Wolves, Wizards, Kennard, Valentine, Burks, More

Timberwolves forward Robert Covington has been one of the most-discussed trade candidates leading up to this year’s deadline, and looks like one of the likeliest players to be on the move. While star teammate Karl-Anthony Towns will understand if Covington is dealt, he admitted in a conversation with Sam Amick of The Athletic and Chris Hine of The Star Tribune that he’s not thrilled by the idea.

“I think it’s very obvious he’s my best friend on the team, so it would be very difficult if something like that was going to happen,” Towns said of Covington. “But like with Zach LaVine (traded from the Timberwolves to Chicago in 2017) , you know this is a business. So like I said, I’m the one who just plays the game. I don’t get paid to make rosters and stuff like that.”

As Amick and Hine note, Towns said it’s not his job to make roster decisions and expressed confidence in Timberwolves president of basketball operations Gersson Rosas to make those calls. Still, given how aggressively the front office has pursued D’Angelo Russell, one of Towns’ best friends, it’ll be interesting to see if the team is willing to part with Covington – another one of KAT’s good friends – if there’s no guarantee that doing so will land D-Lo in Minnesota.

“I don’t get paid to make those decisions,” the Timberwolves’ franchise player said. “Those are tough decisions, but here’s to hoping that I see Cov on Friday, I guess. … He’s a great guy, a great dude. He’s a great player. He’s helped me tremendously and he’s continuing to help me every day. He just gives me such comfort out there.”

Here are more trade rumors from around the NBA:

  • As first referenced by ESPN’s Brian Windhorst, the Wizards have expressed interest in Cavaliers big man Tristan Thompson, confirms Candace Buckner of The Washington Post (via Twitter). If the Wizards were to make a move for Thompson, it would be with an eye toward the future, since they’d hold his Bird rights, Buckner notes.
  • Vince Ellis of The Detroit Free Press confirms that that the Pistons are open to moving Luke Kennard if the price is right. However, in the wake of rumors that the Suns are discussing a trade for the third-year sharpshooter, Ellis reports that no deal appears imminent and that Detroit isn’t worried about the possible price tag on a Kennard extension if he remains with the Pistons.
  • Two rival executives view the Sixers and Grizzlies as possible landing spots for Bulls trade candidate Denzel Valentine, according to K.C. Johnson of The Chicago Tribune.
  • The Mavericks have real interest in Warriors guard Alec Burks, a source tells Chris Crouse of Hoops Rumors (Twitter link). Dallas and Golden State have already made one trade this season, with Willie Cauley-Stein sent to the Mavs last month.
  • ESPN’s Adrian Wojnarowski takes a look at the trade talks involving the Timberwolves, Warriors, Rockets, and Hawks, with the Wolves trying to orchestrate a multi-team deal that would send D’Angelo Russell to Minnesota. Kevin O’Connor of The Ringer had details earlier on those discussions, with both Woj and O’Connor agreeing that there’s still a gulf between Minnesota and Golden State.

O’Connor’s Latest: Capela, Covington, D-Lo, Nets, More

The Rockets, Hawks, and Timberwolves recently discussed a three-team trade that would have sent Robert Covington to Houston, Clint Capela to Atlanta, and Brooklyn’s 2020 first-round pick (from Atlanta) to Minnesota, league sources tell Kevin O’Connor of The Ringer.

As O’Connor explains, the Timberwolves’ goal would have been to use that Brooklyn first-rounder as part of a trade package for D’Angelo Russell. According to O’Connor, Minnesota was willing to include its own 2020 first-round pick in that offer too, but the Warriors turned them down, putting those three-team talks on hold.

We don’t know exactly what protections the Timberwolves might have wanted to put on their pick, or what contract(s) they wanted the Warriors to take on in that offer for Russell, but it’s still worth noting that Golden State declined an offer featuring multiple first-rounders. While the Dubs are reportedly open to listening to inquiries on D-Lo, their asking price is high, and it appears they’d be happy to wait until the offseason to revisit Russell’s trade market, if necessary.

Here’s more from O’Connor:

  • The Warriors‘ price tag on Russell is one reason the Timberwolves‘ asking price for Covington is so high, O’Connor writes. O’Connor also adds the Nuggets to the list of teams with interest in Covington, though he acknowledges that interest is “minimal,” suggesting the Rockets and Sixers are more serious suitors.
  • The Rockets and Hawks have had some discussions about Capela without the Timberwolves‘ involvement, per O’Connor.
  • The Rockets offered Capela to the Nets in a deal that would have included Jarrett Allen and Taurean Prince, league sources tell O’Connor. We’ve heard Houston wants to get a wing and another big man for Capela, so the ask makes sense, but it’s not a surprise that Brooklyn turned it down.
  • The Hawks are believed to be wary about investing $20MM+ per year in John Collins on his next contract, preferring a less expensive center like Capela or Tristan Thompson, sources tell O’Connor. For what it’s worth, Hawks beat writer Chris Kirschner of The Athletic (Twitter links) suggests the recent Collins-related rumblings are coming from other teams, not Atlanta.

Trade Rumors: Covington, Randle, Henson, Celtics

The Clippers are among the teams pursuing Timberwolves forward Robert Covington, Sean Deveney of Heavy.com reports. A package of their first-round pick this year, forward Maurice Harkless, and a young player such as Jerome Robinson or Terance Mann could be enough to secure Covington, Deveney continues. Grizzlies forward Andre Iguodala, Suns center Aron Baynes and Magic guard D.J. Augustin are among the other potential targets for the Clippers, Deveney adds.

We have more trade chatter:

  • The Knicks have engaged in trade talks with the Hornets involving forward Julius Randle, Kevin O’Connor of The Ringer tweets. Charlotte would be a surprising landing spot for Randle, who has a guaranteed $18.9MM salary for next season. However, the Hornets have three frontcourt players with large expiring contracts and will need reinforcements.
  • The Knicks had talks with the Cavaliers which included center John Henson but those discussions have died down, Chris Haynes of Yahoo Sports tweets. Henson has an expiring $9.7MM contract.
  • Celtics GM Danny Ainge would like to strengthen the team’s bench but doesn’t see the center position as a major weakness, Jacob Camenker of NBC Sports Boston relays. The Celtics are reportedly one of the teams interested in acquiring Rockets center Clint Capela. Ainge indicated the roster “probably too many really young guys” but claimed he’s content with Daniel Theis, Enes Kanter, and Robert Williams manning the middle. “We’re not getting beat at the center position,” Ainge said. “We’re getting 17, 18 points per night. We’re getting double-figure rebounds. We’re just doing it as a team.”

Charania’s Latest: Kuzma, Love, Russell, Covington, Rose, Drummond

While forward Kyle Kuzma has been mentioned prominently in trade rumors, the Lakers are reluctant to make a deal that would negatively impact their team chemistry, The Athletic’s Shams Charania told Alex Kennedy on a HoopsHype podcast (Twitter link). The Lakers would only consider moving the offensive-skilled power forward if they received a “high-end rotation player” in return. “Those guys really get along on and off the floor,” Charania said.

The Athletic’s top NBA writer also commented on a number of other players on the trade market:

  • It’s unlikely the Cavaliers will be able to find a taker for Kevin Love and his big multi-year contract. “I don’t see a logical landing spot,” he said.
  • The Knicks are willing to give up their 2018 first-round pick, forward Kevin Knox, as part of a package for the Warriors’ D’Angelo Russell. However, that doesn’t hold much appeal to the Warriors. Golden State, as Charania reported earlier, is seeking multiple unprotected first-round picks for Russell. The Timberwolves looking to acquire first-round picks for forward Robert Covington, which it would then flip in a Russell deal.
  • The Rockets, Bucks and Mavericks are among the suitors for Covington, with Houston showing “a lot of interest.”
  • The Pistons are seeking a great asset — a quality first-round pick — for Derrick Rose. But Rose, who missed Monday’s game at Memphis with an adductor strain, doesn’t want to be dealt. “He wants to be in Detroit,” Charania said. “Derrick feels at home and Detroit has embraced him with open arms.”
  • The market for the Pistons’ Andre Drummond is “stagnant.” Drummond’s high salary and ability to opt out in the summer makes it difficult to find a suitable trade, Charania notes.

Trade Rumors: Covington, Mavs, Morris, Clippers, DSJ, More

As we noted earlier this morning, the Timberwolves‘ asking price for Robert Covington is believed to be high, but that doesn’t mean he won’t be moved before this week’s deadline. ESPN’s Adrian Wojnarowski suggested during a podcast with Bobby Marks that he’s “very confident” Covington will be dealt, while ESPN’s Zach Lowe cited sources who said Covington is “as good a bet as any high-wattage player to move this week.”

That doesn’t mean the Timberwolves’ asking price will be met, but there are multiple teams interested in the veteran wing. Besides Houston and Philadelphia, Covington’s list of suitors includes the Bucks and Mavericks, according to Shams Charania and Jon Krawczynski of The Athletic, who report that the Mavs and Rockets both discussed potential trades for Covington during the 2019 offseason.

Marc Stein of The New York Times (Twitter link) agrees that the Mavericks are in the market for a wing, but disputes the idea that Dallas is “actively” bidding on Covington, and again suggests the team is reluctant to pursue Grizzlies forward Andre Iguodala, as he reported in December.

Meanwhile, Charania provides another interesting note on Covington, suggesting that some rival executives are wary of the veteran’s injury history and the two years and $25MM left on his contract. The injury concerns are fair, but Covington’s team-friendly contract is believed to be one of the reasons why he’s so sought-after — perhaps there are some potential suitors who are nervous about cutting into their cap room for 2021.

Here are a few more trade rumors from around the NBA:

  • Marcus Morris (Knicks) and Davis Bertans (Wizards) may cost a lottery-level first-round pick and appear unlikely to be dealt, according to Charania and Krawczynski. Still, New York will remain open to the idea of moving Morris if offers improve this week, tweets Wojnarowski.
  • The Kings are among the teams that have spoken to the Rockets about Clint Capela, league sources tell Charania and Krawczynski. Capela is said to be on the block as Houston seeks a wing.
  • Marc Stein of The New York Times, who reported last month that the Clippers are exploring the market for a wing and/or a big man, tweets that many rival teams expect the Clips to make at least one trade this week.
  • The Magic have inquired on Knicks point guard Dennis Smith Jr., an NBA source tells Marc Berman of The New York Post. With Markelle Fultz in place as a building block in Orlando, it doesn’t seem like an ideal fit for Smith, another play-making point guard who struggles with his shot. The Knicks’ guard has reportedly drawn interest from Minnesota as well.
  • Several teams have had recent conversations with the Knicks about possible deals involving Bobby Portis, sources tell Ian Begley of SNY.tv. Portis has no guaranteed money beyond this season, as his $15.75MM salary for 2020/21 is a team option.

Wolves Have Sought Two First-Rounders For Covington

The Timberwolves have set a high asking price for swingman Robert Covington, according to Marc Stein of The New York Times, who reports (via Twitter) that Minnesota has sought two first-round picks in any deal for Covington.

Covington, 29, has averaged 12.8 PPG and 5.9 RPG on .437/.347/.798 shooting in 47 games (29.4 MPG) for Minnesota this season. While those are fairly modest numbers, he’s viewed as an intriguing trade target for contenders due to his ability to slot in on virtually any roster as an above-average three-and-D wing. His team-friendly contract, which runs through 2021/22 and is worth just over $12MM annually, is also a plus.

Still, two first-rounders is a significant ask, and this isn’t the first time in recent days that a report has indicated the Wolves are aiming high in talks for Covington. Anthony Slater of The Athletic suggested the team was seeking Matisse Thybulle and a first-rounder from the Sixers, which Slater referred to as a “hang-up worthy offer.”

According to Stein, the 76ers and Rockets are “at the front of the line” for Covington. Houston has its own 2020 first-round pick available to include in a trade offer and is said to be shopping center Clint Capela as well. It’s not clear if Capela would appeal to the Wolves, but a three-team trade is a possibility to reroute another valuable asset to Minnesota.

As for Philadelphia, the club is extremely unlikely to move Thybulle and has traded away its own 2020 first-round pick, which could complicate trade discussions with Minnesota. But the Sixers do have a handful of interesting draft assets, including the Thunder’s top-20 protected 2020 first-round pick, multiple second-round selections (such as Atlanta’s and New York’s ’20 second-rounders), and their own first-rounders starting in 2022.

Unless the Rockets move Capela, neither Philadelphia nor Houston has an ideal mid-level salary-matching piece for a Covington trade, but both teams would have paths to get there with multiple lower-salary players. We’ll see if the Wolves are willing to hang onto Covington if their lofty asking price isn’t met or if the team lowers its expectations later this week.