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Contract Details: Knicks, Cook, T. Young, Mann

July 10th, 2019 at 2:08pm CST by Luke Adams

Details on the free agent contracts signed by the Knicks are starting to trickle in, with Bobby Marks of ESPN and Jeff Siegel of Early Bird Rights (Twitter links) providing specifics on Julius Randle‘s three-year deal.

While it was initially reported as being worth $63MM, Randle’s three-year pact with the Knicks has a base value of just $18MM in its first year, per Marks. Those cap hits increase to $18.9MM in year two and $19.8MM in year three, according to Siegel, who notes that the third year is partially guaranteed for just $4MM. The agreement has about $2MM in annual unlikely bonuses which could increase the total value into the $63MM range.

Here are details on a couple more Knicks contracts, as well as some other deals from around the NBA:

Taj Gibson and Elfrid Payton don’t technically have second-year team options on their respective contracts with the Knicks, but their second-year salaries are only guaranteed for $1MM apiece, according to Siegel (Twitter links).
The second season of the Lakers‘ two-year, $6MM deal with Quinn Cook is only partially guaranteed for $1MM, according to Eric Pincus of Basketball Insiders (Twitter link). It would become fully guaranteed if Cook stays on the roster through June 29, 2020.
Thaddeus Young‘s three-year contract with the Bulls will have a total value between $40.6MM and 43.6MM, depending on whether he earns his incentives, tweets Pincus. The third year on Young’s deal is partially guaranteed for $6MM.
The Clippers used their cap room to sign second-rounder Terance Mann to a four-year, $6.2MM contract before they went over the cap to acquire Paul George, tweets Bobby Marks. A minimum-salary deal for Mann would be worth about $6.13MM over four years, so it sounds like he may get slightly more than the minimum in his rookie season.
- Update: The first two years of Mann’s deal are guaranteed, and he’ll make $1MM in year one, tweets Siegel.

Knicks Officially Sign Randle, Portis, Gibson, Ellington, Payton

July 9th, 2019 at 12:00am CST by Luke Adams

The Knicks officially finalized five of their free agent signings on Monday night, according to NBA.com’s transactions log, which lists the deals for Julius Randle, Bobby Portis, Taj Gibson, Wayne Ellington, and Elfrid Payton as having been completed.

Those deals are structured as follows:

Randle: Three years, $63MM. First two years guaranteed. (Story)
Portis: Two years, $31MM. First year guaranteed. (Story)
Gibson: Two years, $20MM. First year guaranteed. (Story)
Ellington: Two years, $16MM. First year guaranteed. (Story)
Payton: Two years, $16MM. First year guaranteed. (Story)

While those five signings will use up most of the club’s cap room, there’s still one notable signing to be finalized, as Reggie Bullock‘s two-year, $21MM deal is not yet official.

Knicks’ Deals With Portis, Gibson, Bullock, Ellington Include Second-Year Team Options

July 1st, 2019 at 12:38pm CST by Luke Adams

With the exception of Julius Randle, who agreed to a three-year contract, all of the veteran free agents who have agreed to sign with the Knicks so far are reportedly set to receive two-year deals. The structure of those contracts appeared to put New York on track to regain cap flexibility in 2021.

However, according to Bobby Marks of ESPN.com (via Twitter), the two-year deals for Bobby Portis, Taj Gibson, Reggie Bullock, and Wayne Ellington will all include second-year team options.

By not guaranteeing the second year on those contracts, the Knicks will be able to maintain cap flexibility for the 2020 offseason, bringing back any veterans who impress them and parting ways with those who don’t.

Although Randle’s contract runs an extra year, his deal will also reportedly feature a team option – or possible a modest partial guarantee – in its final season, according to reports.

Knicks To Sign Taj Gibson

June 30th, 2019 at 7:59pm CST by ChrisCrouse

The Knicks have agreed to a deal with Taj Gibson, Adrian Wojnarowski of ESPN.com relays (Twitter link). The contract will be for two years and $20MM.

The 10-year veteran spent the last two seasons in Minnesota on a $28MM deal that the club signed him to during the summer of 2017. He played in all but 12 games for the Wolves over his two seasons with the team.

After the agreement, the Knicks are looking at approximately $41MM in cap room. It was previously announced that the team will ink Julius Randle to a three-year, $63MM pact.

Free Agent Rumors: Randle, Gibson, Bullock, Bulls

June 29th, 2019 at 4:57pm CST by Arthur Hill

The Kings will be among the teams in pursuit of Pelicans forward Julius Randle, tweets Jordan Schultz of ESPN. He cites the Nets, Knicks and Bulls as other expected suitors.

Randle, 24, had a career-best season after signing a one-year deal with New Orleans last summer. He averaged 21.4 points and 8.7 rebounds in 73 games while shooting 52% from the field. He also improved as a long-distance shooter, hitting 34% of his shots from 3-point range.

Here are more rumors as we move to within 24 hours of the start of free agency:

The Timberwolves will have plenty of competition for Taj Gibson, according to Darren Wolfson of 5 Eyewitness News, who lists the Clippers, Nets, Bucks, Bulls, Warriors, Raptors, Trail Blazers, Hornets and Lakers as having interest in the veteran forward (Twitter link). Gibson has averaged 11.5 PPG and 6.9 RPG during his two years in Minnesota.
There’s mutual interest between the Knicks and shooting specialist Reggie Bullock, according to Ian Begley of SNY.TV. Bullock averaged 11.3 points per game while splitting last season between the Pistons and Lakers.
The Bulls are looking for a point guard, but want to limit the contract to two years, reports K.C. Johnson of The Chicago Tribune. That may take them out of the running for Malcolm Brogdon or Patrick Beverley, Johnson notes, but he cites other options such as Cory Joseph, Tyus Jones and George Hill who might be willing to accept a shorter contract. The Bulls are counting on first-round pick Coby White to take over the position within two years and want the free agent’s contract to expire in the summer of 2021 at the same time as Otto Porter‘s and Cristiano Felicio‘s.

Reinsdorf Defends Staff, Sees ‘Big Jump’ Next Season

May 13th, 2019 at 5:31pm CST by Dana Gauruder

Bulls president Michael Reinsdorf defended his top front office executives and head coach in a radio interview on Monday and said he expects the team to make big strides next season. Reinsdorf made those comments on 670 The Score’s Mully and Haugh (hat tip to NBC Sports Chicago’s Dan Santaromita).

Reinsdorf and the Bulls have taken a lot of heat for retaining GM Gar Forman and VP of basketball operations John Paxson. Reinsdorf said the duo built “championship-caliber teams” before Derrick Rose suffered serious knee injuries. He also feels they have drafted well, naming Jimmy Butler, Taj Gibson, Nikola Mirotic and Joakim Noah among their best picks.

He’s confident with a young core group and a high lottery pick, the Bulls are on the upswing. Heading into Tuesday’s lottery, Chicago holds the No. 4 spot.

“I feel like we have a great opportunity with this year’s draft to add another player and I don’t think it’s unreasonable to think we can jump from where we were this year to a much better record,” Reinsdorf said. “I really think we’re set up. … I don’t claim that next year we’re going to be a championship caliber team, but I think you’re going to see the next step next year and a big jump.”

The Bulls could have up to $19MM in cap space this summer and Reinsdorf says they’ll use it to fortify the bench.

“We’re going to follow this plan through,” Reinsdorf said. “We have some cap space this year to spend on players. I do think we need to add to our depth and we’ll do that.”

Chicago’s decision to hand Jim Boylen a multiyear extension also caused grumbling among Bulls fans, considering the team’s 22-60 record. Reinsdorf was convinced by season’s end that the head coach had earned it.

“I think we knew towards the end of the season that Jim was the right person for us,” Reinsdorf said. “We had enough experience with him and so it was just a matter of getting the contract done.”

Wolves Notes: Wiggins, Rose, Saunders, Draft

March 10th, 2019 at 11:42am CST by Arthur Hill

The Timberwolves need to take drastic action on Andrew Wiggins to get the franchise back on the right track, according to Michael Rand and Jim Souhan of The Star Tribune. Wiggins has regressed this year in the first season of a $147.7MM extension. His shooting percentage has dropped to a career-low 40.0% and he ranks last in the league in true shooting among 92 players who have logged at least 1,700 minutes.

Souhan believes Minnesota should do whatever it can to trade Wiggins this summer. Rand recommends taking away his starting spot, but admits that would only lower any trade value he still has. He adds that trading Wiggins now would mean selling him at a low point and likely taking back an expensive contract in return. Souhan contends that the Wolves are better without Wiggins, stating that the priority should be to get rid of him and accept whatever return they can get.

There’s more today out of Minnesota:

With Tom Thibodeau gone, the future of the “TimberBulls” – the ex-Chicago players he brought to Minnesota – is uncertain, writes Britt Robson of The Athletic. Derrick Rose, Taj Gibson and Luol Deng will all be free agents this summer and may be able to get better deals elsewhere. Rose has revived his career with the Wolves, but Robson notes that his value is only high when his shot is falling and he comes with a constant injury risk. Rose should receive several mid-level offers in the $6-8MM range, tweets ESPN’s Bobby Marks.
The best chance for interim head coach Ryan Saunders to keep his job is for ownership to recognize how he has been adapting to a short-handed situation, notes Jon Krawczynski of The Athletic. Keita Bates-Diop got his first career start in Saturday’s victory over the Wizards and Cameron Reynolds, who is on his second 10-day contract, played 20 minutes. Krawczynski points out that Saunders’ roster hasn’t been fully healthy since he took over for Thibodeau.
If the Wolves’ pick falls in the middle of the lottery, they could be the team to gamble on Bol Bol, Rand suggests in a separate story. The Oregon center was projected as a top-five pick before suffering an injury to his left foot.

Northwest Notes: Durant, Exum, Gibson, Rubio

January 27th, 2019 at 3:56pm CST by JD Shaw

Kevin Durant plans to travel to Oklahoma City for the jersey retirement ceremony of longtime teammate Nick Collison, according to ESPN’s Adrian Wojnarowski. The ceremony is set to take place on March 20 when the Thunder take on the Raptors at Chesapeake Energy Arena.

Durant and Collison spent eight seasons together on the Thunder (and one on the Sonics) from 2007-’16, reaching the NBA Finals in 2012 and multiple conference Finals in that span. Collison grew close to several teammates in his 14 years with the franchise and remained friends with Durant even after he joined the Warriors.

“That group was so special, that whole group from 2010 until I left there, it was special,” Durant told ESPN. “It’s about time for us to let go of all that extra stuff, and just come together — especially around this time, because it’s Nick.”

Several of Collison’s former teammates are expected to be in attendance for the ceremony, showing appreciation for the kind of hard-worker and consummate professional Collison was during his career.

Despite the brief return for Durant, neither he nor the Thunder organization have active interest in a basketball reunion, Wojnarowski reports. Durant emphasized that he still holds the Thunder, their fans, and the city in high regard.

There’s more out of the Southwest Division today:

Jazz guard Dante Exum (ankle) missed his 11th game of the season on Friday and is now ineligible to receive a $200K bonus, tweets Bobby Marks of ESPN. Exum would’ve received the bonus if he played 73 or more games this season with Utah. He also has a separate $200K incentive in his contract that can be earned if he plays 67 games or more on the season.
Timberwolves veteran Taj Gibson was fined $25,000 for aggressively pursuing and directing an obscene gesture towards a referee, the NBA announced on Friday. Gibson was ejected Thursday after excessively arguing a foul call with official James Williams. “He’s like a big brother,” Gibson said of Williams, according to Chris Hine of the Minneapolis Star Tribune. “You see him every day, you have a relationship, sometimes tempers flare and you kind of lose it a little bit, but you know you mean well. I’ll see him again, but it was just part of the job. It was just one of those times I just lost it.”
Jazz point guard Ricky Rubio has remained focused on helping his team despite Utah’s reported interest in Mike Conley and Otto Porter Jr., Eric Woodyard of the Deseret News writes. “I was in Minnesota traded like 20 times,” Rubio said. “Until it doesn’t happen, you have to really don’t pay attention to that. A lot of them are just rumors and just 5 percent are true, so if it happens it happens, but I’m committed 100 percent to this team, to the community, and nothing’s going to change.” Rubio, 28, is set to become a free agent on July 1.

Northwest Notes: Wolves, Nuggets, IT, Rubio

January 23rd, 2019 at 10:57am CST by Luke Adams

It’s possible that the Timberwolves will stand pat at the trade deadline as they look to push for a playoff spot in the West, but doing so would mean forgoing an opportunity to “leverage existing assets for future gains,” writes Britt Robson of The Athletic. As Robson points out, unless the Wolves have a plan for how to re-sign and incorporate veterans like Derrick Rose, Anthony Tolliver, and Taj Gibson, who are on expiring contracts, it might make sense to explore the trade market for possible deals.

Elsewhere in the Northwest, the Nuggets are another team whose trade deadline outlook remains cloudy, as Nick Kosmider of The Athletic details. The odds of Denver making a major move appear slim, but the club has a number of trade exceptions at its disposal that could be used to acquire a rotation player – perhaps a Wayne Ellington type – without going into the tax. Of course, with Isaiah Thomas potentially on track to return down the stretch, the Nuggets may simply view IT as their de facto deadline acquisition, Kosmider notes.

Here are a few more notes from around the Northwest:

Speaking of Isaiah Thomas, after a weekend report suggested that the Nuggets were optimistic the point guard would make his debut with the team before the All-Star break, head coach Mike Malone pushed back on the idea that there’s a set timeline, per Sean Keeler of The Denver Post. “Don’t believe everything you read,” Malone said. “I don’t know where these leaks come from, but (with) Isaiah, there’s no timeline. There’s nothing (that has) been set about February, this, that or the other thing. You’ll see him when he’s ready to play.”
Plagued by injuries at the point guard spot so far in 2019, the Jazz got a boost when Ricky Rubio returned to the rotation on Monday, writes Eric Walden of The Salt Lake Tribune. Dante Exum and Raul Neto remain sidelined, likely until at least next week, but Utah has made a nice run while short-handed, winning eight of 10 games to move into playoff position in the West.
Derrick Rose played a big part in helping Karl-Anthony Towns get through the Jimmy Butler “mess” earlier in the season, according to Kentucky’s John Calipari, who coached Towns for one season in 2014/15. According to ESPN’s Jackie MacMullan, Timberwolves team members say that Towns’ locker room presence receded as Butler became more frustrated and unhappy during his final days in Minnesota. “There was a dogfight, and Karl’s not one to get into that. So, he stepped back,” Calipari said. “Things happen. There are power struggles all the time in [the NBA]. If a guy can bully you, he will bully you. And that’s what Jimmy did to Karl. C’mon, that’s the league.”

Free Agent Stock Watch 2019: Northwest Division

January 4th, 2019 at 9:50pm CST by Dana Gauruder

Every week, Hoops Rumors takes a closer look at players who will be free agents or could become free agents next offseason. We examine if their stock is rising or falling due to performance and other factors. This week, we turn our attention to the Northwest Division:

Raul Neto, Jazz, 26, PG (Down) – Signed to a two-year, $4.4MM deal in 2018
Neto’s $2.15MM salary for next season becomes guaranteed if he’s still on the roster after July 6. Even though it’s not much money, Neto has given the Jazz little reason to keep him around. He’s not in the rotation with Dante Exum backing up Ricky Rubio. Except for a blowout win over the Knicks in which he played 20 minutes, Neto has either been benched or seen fewer than four minutes over the past 10 games. With Rubio headed to unrestricted free agency, it’s conceivable Utah could exercise that option as insurance. The Brazilian native is more likely to continue his career elsewhere, probably overseas.

Trey Lyles, Nuggets, 23, PF (Down) – Signed to a four-year, $10.4MM deal in 2015
Lyles has received rotation minutes but his offensive numbers have declined. He’s shooting just 41.1% from the field and 24.1% beyond the arc, compared to a 49.1/38.1 slash line last season. He was mired in a terrible slump last month, making just 32.3% (18.6% from distance) of his field goal attempts. Lyles will be a restricted free agent if the Nuggets extend a $4.63MM qualifying option. That may depend on some other factors. They hold a $30MM team option on Paul Millsap‘s contract. It’s also predicated on whether they believe Michael Porter Jr. will contribute significantly next season.

Timothe Luwawu-Cabarrot, Thunder, 23, SG (Down) – Signed to a three-year, $4.26MM deal in 2016
Luwawu-Cabarrot, a 2016 first-round pick by the Sixers in 2016, got some opportunities in his first two seasons with Philadelphia. His court time has diminished considerably in Oklahoma City. After playing in 69 games (19 starts) in his rookie year and 52 last season, Luwawu-Cabarrot has languished at the end of OKC’s bench despite Andre Roberson‘s injury issues. He’s played just 12 minutes since November 28. The Thunder didn’t pick up Luwawu-Cabarrot’s option during the offseason, so he’ll be unrestricted in July. It will be interesting to see if any team believes he has untapped potential or whether he’ll have to seek overseas opportunities.

Taj Gibson, Timberwolves, 33, PF (Up) — Signed to a two-year, $28MM deal in 2017
Gibson has become a more efficient offensive player in recent years while providing his usual toughness in the paint as well as rebounding. Gibson remains one of the top offensive rebounders in the league (2.7 per game) and has kept a positive attitude despite the addition of Dario Saric, which has cut into his minutes. If Tom Thibodeau remains in charge, the Timberwolves will likely try to re-sign him. Otherwise, Gibson will find work as a 25-30 minute option at power forward for a suitor looking for an upgrade at that position.

Nik Stauskas, Trail Blazers, 25, SG (Down)– Signed to a one-year, $1.6MM deal in 2018
Stauskas is playing for his fourth organization in five seasons. He will be on the move again if his shooting doesn’t perk up. After a strong start, Stauskas has gone into an offensive funk. He made just 24.3% of his 3-point attempts in December and went scoreless in a nine-minute stint against Sacramento in his first 2019 appearance. Stauskas reached double figures in five of his first eight games with the franchise but has hit that mark just twice since that point. With first-rounder Anfernee Simons showing no signs of taking Stauskas’ rotation spot, the Blazers may try to acquire a wing player before the trade deadline.

Photo courtesy of USA Today Sports Images.