Tyus Jones

Tyus Jones Officially Joins Grizzlies After Wolves Decline To Match Offer Sheet

JULY 11: Jones’ contract with the Grizzlies is now official, per a press release from the team.

JULY 9: The Timberwolves have opted not to match Tyus Jones‘ three-year offer sheet with the Grizzlies, reports ESPN’s Adrian Wojnarowski (via Twitter). The decision, which was due by midnight eastern time, will pave the way for the restricted free agent to finalize his deal with Memphis and become the newest member of the Grizzlies’ backcourt.

Gersson Rosas, the Wolves’ new president of basketball operations, has issued a statement confirming that the Wolves will let Jones join the Grizzlies, as Darren Wolfson of SKOR North relays (via Twitter).

“We sincerely thank Tyus for his contributions on the court and Tyus and the entire Jones family for their genuine impact on the Twin Cities community,” Rosas said. “We wish them nothing but the best in Memphis.”

Jones became the first restricted free agent of the 2019 offseason to sign an offer sheet on Sunday. It’s the second consecutive year that the Grizzlies have used their mid-level exception to poach an RFA from a Western Conference rival — they did so with Spurs forward Kyle Anderson a year ago.

Jones, 23, averaged 6.9 PPG, 4.8 APG, and 1.2 SPG last year in 68 games (22.9 MPG) for Minnesota. While his numbers don’t jump off the page, he’s a solid defender who grades out well analytically. He’ll join a Grizzlies point guard rotation that figures to feature a heavy dose of No. 2 overall pick Ja Morant, along with newly-acquired youngster De’Anthony Melton. Memphis sent longtime point guard Mike Conley to Utah and signed-and-traded Delon Wright to Dallas earlier this offseason.

According to Bobby Marks of ESPN.com (via Twitter), Jones’ three-year deal has a first-year base value of $8.4MM with $850K in likely bonuses. It has a descending structure but can be worth close to $27MM in total. The former Duke Blue Devil told Sean Deveney this week that he’s “excited” to join the Grizzlies, and hopes to help establish a winning culture in Memphis (Twitter link).

As Marks notes, the Timberwolves – having just claimed Tyrone Wallace on waivers – would have been slightly over the tax line if they had matched Jones’ offer sheet. Additionally, the Wolves are pursuing maximum-salary cap room in 2020 and adding Jones’ multiyear deal to their books would’ve complicated that goal, tweets Wojnarowski.

With Jones and departed free agent Derrick Rose out of the picture, Minnesota has Jeff Teague, Shabazz Napier, and Wallace in the mix at point guard. The team may continue to explore its options to fortify the position.

Now that Jones is off the board, only one restricted free agent – Kelly Oubre of the Suns – remains on the market.

Photo courtesy of USA Today Sports Images.

Grizzlies Sign Tyus Jones To Offer Sheet

11:59pm: Jones officially signed the offer sheet on Sunday, according to RealGM’s transactions log. Minnesota will have two days to match it.

10:51pm: The Grizzlies have agreed to terms on an offer sheet with restricted free agent point guard Tyus Jones, reports Shams Charania of The Athletic (Twitter link). Once Jones formally signs the Grizzlies’ offer sheet and it’s presented to the Timberwolves, Minnesota will have two days to match it.

According to Charnia (via Twitter), the 23-year-old’s offer sheet is worth $24MM over three years. Malika Andrews of ESPN (via Twitter) pegs the value at $28MM, with agent Kevin Bradbury confirming to Jon Krawczynski of The Athletic (Twitter link) that $28MM is the deal’s maximum value via incentives. Bradbury also tells Krawczynski that he and Jones looked elsewhere on the free agent market after they couldn’t find common ground with the Wolves.

“We negotiated in good faith with Minnesota, but did not receive an offer I felt was fair so we had to look elsewhere,” Bradbury said.

The Grizzlies lost a restricted free agent point guard of their own today, having reached an agreement with the Mavericks to send Delon Wright to Dallas in a sign-and-trade in exchange for a pair of second-round picks. That deal left Memphis with little point guard depth beyond Ja Morant and De’Anthony Melton, so it looks like the team will try to add a replacement for Wright on a similar contract after acquiring a couple draft picks in the process.

The Grizzlies will use their mid-level exception to sign Jones, who averaged 6.9 PPG, 4.8 APG, and 1.2 SPG last year in 68 games (22.9 MPG) for Minnesota. The club used a similar tactic a year ago, using its full mid-level exception to sign Spurs RFA Kyle Anderson to an offer sheet.

It remains to be seen whether the Timberwolves will match Memphis’ offer. The Wolves entered the offseason reportedly in the market for a point guard, but selected Jarrett Culver in the draft, then missed out on top target D’Angelo Russell. As a result, Shabazz Napier is currently the only point guard on the depth chart behind Jeff Teague, and it’s not clear if Minnesota even plans to keep Napier for the regular season.

The Wolves’ lack of depth would seemingly make them inclined to match Jones’ offer sheet, but as ESPN’s Bobby Marks observes (via Twitter), doing so would only leave them about $1MM below the luxury tax line, reducing their flexibility for the rest of the offseason (and regular season).

Photo courtesy of USA Today Sports Images.

Free Agent Rumors: Kawhi, Bender, Cousins, Mejri

Despite some buzz on social media that Kawhi Leonard is leaning toward the Lakers, the reigning Finals MVP hasn’t reached a decision, tweets Cris Carter of Fox Sports 1. Carter – who has been an unexpectedly plugged-in source on Leonard since the forward’s days in San Antonio – adds that anyone thinking the Lakers have an edge on the Clippers or Raptors would be “wrong.”

Leonard is the last big star available in free agency, and his decision will have a long-lasting impact on all three franchises. Whichever club lands him will be a contender for the NBA title, while the other two teams will be scrambling to fill out their rosters. Leonard still hasn’t given any indication of when he plans to announce his choice.

Here are some more notes on the third day of free agency:

  • Now that the Suns have added Frank Kaminsky, they will part ways with Dragan Bender, according to John Gambadoro of Arizona Sports 98.7 (Twitter link). Bender had a disappointing three years in Phoenix after being selected with the fourth pick in the 2016 draft. He is an unrestricted free agent because the Suns declined his fourth-year option before the start of the season.
  • The Warriors can’t make an offer similar to the $6.4MM MLE that landed DeMarcus Cousins last summer, notes Anthony Slater of The Athletic (Twitter link). Golden State is so close to the hard cap that it cannot go much above minimum deals to complete its roster.
  • Salah Mejri was working out today with the Mavericks‘ Summer League players and remains a possibility to re-sign, tweets Brad Townsend of The Dallas Morning News.
  • As cap space dries up, restricted free agents such as Kelly Oubre, Delon Wright and Tyus Jones may benefit by accepting their teams’ qualifying offers and becoming unrestricted next summer in a weaker free agent class, suggests Bobby Marks of ESPN (Twitter link).

Free Agency Rumors: Mavs, Rockets, Bulls, Wolves, C’s

It was a quiet first day of free agency for the Mavericks, but the team still has some irons in the fire and plenty of cap flexibility to work with.

Brad Townsend of The Dallas Morning News tweets that he believes the Mavericks are “in the driver’s seat” with Danny Green, though he cautions that could change if Kawhi Leonard decides to stay in Toronto — Green could join him in that scenario.

Besides Green, Townsend identifies Kevon Looney, DeMarcus Cousins, Willie Cauley-Stein, Seth Curry, and Kentavious Caldwell-Pope as some potential free agent targets to watch for the Mavericks.

Let’s round up a few more notes and rumors related to free agency…

  • The Rockets will be among the teams with interest in Andre Iguodala if the Grizzlies elect to buy out the veteran swingman, sources tell Tim MacMahon of ESPN.com (Twitter link). Iguodala is being sent to Memphis from Golden State in a cap-clearing move.
  • Having used their cap room to land Thaddeus Young and Tomas Satoransky, the Bulls will be in the market for a shooter or another big man with some or all of their room exception ($4.8MM), tweets K.C. Johnson of The Chicago Tribune.
  • The Timberwolves missed out on top free agent target D’Angelo Russell, but did speak to their own RFA point guard Tyus Jones on Sunday, sources tell Jon Krawcznyski of The Athletic, who speculates that a Jones reunion may be more likely with D-Lo off the table.
  • In the wake of their sign-and-trade agreement for Kemba Walker, the Celtics are still working to determine which mid-level exception they’ll have at their disposal, tweets Mark Murphy of The Boston Herald.

Free Agent Rumors: Randle, Gibson, Bullock, Bulls

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.

Tyus Jones, Danuel House To Become RFAs

The Timberwolves have issued a qualifying offer to point guard Tyus Jones, ensuring that he’ll be a restricted free agent when the new league year begins on Sunday, reports ESPN’s Adrian Wojnarowski (via Twitter). Jones’ qualifying offer is worth $3,573,205.

Jones, 23, played an increased role for the Wolves in 2018/19, averaging 6.9 PPG and 4.8 APG in 68 games (22.9 MPG). While his qualifying offer will make him a restricted free agent, it’s not clear whether he’s in Minnesota’s long-term plans under new head of basketball operations Gersson Rosas. The club’s point guard position is in flux this offseason, with Jeff Teague entering the final year of his contract and Jones and Derrick Rose both hitting the open market.

Meanwhile, Danuel House has yet to receive his own qualifying offer from the Rockets, but Houston will make that official in the coming days, making him an RFA, tweets Jonathan Feigen of The Houston Chronicle. House’s QO is worth a projected $1,876,700.

House emerged as a reliable rotation piece for the Rockets last season, averaging 9.4 PPG and 3.6 RPG with a .468/.416/.789 shooting line in 39 games (25.1 MPG). After the 26-year-old initially joined the team on a two-way deal, Houston attempted to sign him to a longer-term deal, but he resisted, forcing a one-year agreement.

House and his camp didn’t want to be locked into a multiyear minimum-salary contract, preferring to try their luck in restricted free agency this summer. Now they’ll get that opportunity.

Free Agent Stock Watch 2019: Northwest Division

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:

Isaiah Thomas, Nuggets, 30, PG (Down) – Signed to a one-year, $2MM deal in 2018
The sad and swift decline in Thomas’ career hit a new low a couple of weeks ago when the veteran was informed by Nuggets coach Michael Malone he would not be in the rotation going forward. Thomas didn’t even make his season debut until mid-February due to his hip condition. He has only seen action in one game since March 8 — a scoreless seven-minute stint in Boston, where his career peaked two seasons ago when he averaged 28.9 PPG. Thomas will probably have to settle for another one year, “show me” contract this summer.

Tyus Jones, Timberwolves, 22, PG (Up) – Signed to a four-year, $6.54MM deal in 2015
Jones has received steady playing time since late February and is now the starter by default with Jeff Teague and Derrick Rose out for the rest of the season. He isn’t much of a scoring threat but he rarely turns the ball over. He’s averaging less than one turnover per game in 25.8 MPG this month. Teague has a $19MM option on his contract for next season and is expected to exercise it, so Jones’ starting gig probably won’t last. The Timberwolves can make Jones a restricted free agent by extending a qualifying offer of $3.57MM and that seems likely, given his age and steady hand at the point.

Markieff Morris, Thunder, 29, SF/PF (Down) — Signed to a one-year, $573K deal in 2019
The above salary figure doesn’t reflect that Morris was making $8.6MM before he was traded by the Wizards to the Pelicans, who waived him. He seemed to be walking into a good situation with a playoff-bound team but hasn’t made much of an impact. He’s averaging 6.0 PPG and 3.5 RPG in 15.9 MPG in 17 appearances with Oklahoma City. He played just seven scoreless minutes against Indiana on Wednesday. Morris brings enough to the table to be a rotation piece but it’s increasing unlikely he’ll get a starter-level offer on the open market.

Enes Kanter, Trail Blazers, 26, C (Up) – Signed to a one-year, $653K deal in 2019
Jusuf Nurkic‘s gruesome leg injury changes the outlook for Kanter in the short- and long-term. He’ll suddenly be playing heavy minutes for Portland, which signed him as a backup after the Knicks reached a buyout agreement with him on his $18.6MM salary this season. A productive postseason by Kanter should enhance his prospects as an unrestricted free agent. He’s not going to make anyone’s All-Defense team but he’s a double-double machine when he plays half the game. While it seems Kanter has been around for awhile, he’s still only 26 and in the prime of his career.

Derrick Favors, Jazz, 27, PF (Up)– Signed to a two-year, $37.6MM deal in 2018
Favors’ $16.9MM contract for next season isn’t guaranteed unless he’s on the roster through July 6. That seemed unlikely from the time he signed the deal but it’s not a given the Jazz will let him go. That salary isn’t outrageous for a starter and the Jazz have plenty of cap room to absorb that salary. Plus, they’d need to have a solid plan to replace Favors, who has posted a 21.9 PER this season. Favors nearly got dealt to Memphis for Mike Conley and Utah could use his expiring contract in a blockbuster trade next season if it retains him.

Photo courtesy of USA Today Sports Images.

Wolves Notes: Jones, Wiggins, Bench, Taylor

Tyus Jones’ status as a restricted free agent is among several factors that make it hard to predict whether he’ll return to the Timberwolves next season, according to Michael Rand and Chris Hine of the Star-Tribune. Minnesota will have to determine how high it is willing to go to match an offer for the fourth-year point guard, who is making $2.44MM this year.

The decision will be influenced by whether starting point guard Jeff Teague opts into a $19MM salary for next year. The Wolves, who have luxury tax concerns, could find their budget tightening if Karl-Anthony Towns makes an All-NBA team, which would increase the value of his extension by $6MM per season.

There’s also a question of whether current GM Scott Layden will be kept around to make the decision on Jones. Minnesota didn’t give serious consideration to giving Jones an extension when Tom Thibodeau was running the organization, but Hine believes Ryan Saunders will advocate for keeping Jones if he is still the coach.

There’s more Wolves news to pass along:

  • Minnesota should take away Andrew Wiggins‘ starting spot and try to trade him this summer, contends Jim Souhan of The Star-Tribune. Wiggins’ low shooting percentages and poor defensive effort have become too much for the team to endure, Souhan argues, and benching him might be the last chance to motivate him and save the season. Wiggins still has four seasons and more than $121MM remaining on his contract.
  • The coaching change has worked out well for the Timberwolves’ reserves, who are seeing more playing time with Saunders than they did under Thibodeau, notes Kent Youngblood of The Star-Tribune. Luol DengKeita Bates-Diop and Anthony Tolliver are among those getting a greater chance to contribute.
  • Owner Glen Taylor recently purchased the 5% ownership in the team held by Chinese investor Lizhang Jiang and may eventually sell some of that to Meyer Orbach, who bought 9.5% of the franchise in 2016, according to Sid Hartman of The Star-Tribune. “I think [the team’s value] went up about 19 percent, which is an awful lot, but everybody else’s went up, too,” Taylor said of a recent Forbes report that valued the Wolves at $1.26 billion. “It is just unbelievable. It’s not anything I anticipated, and it’s surprising. But at this point, I just want to continue to play with this team and work with them. And I have every expectation it might continue to go up in the future.”

Latest On Tom Thibodeau, Wolves

Contrary to a report that emerged last night in the wake of Tom Thibodeau’s firing in Minnesota, former Bulls coach Fred Hoiberg is not an “immediate candidate” to become the team’s next coach or president, a source tells Jon Krawczynski of The Athletic.

Interim coach Ryan Saunders will be given an opportunity to earn the job on a permanent basis, Krawczynski adds, and he has strong support from his players, who respect his work ethic and welcome his approachable nature as a change from Thibodeau. The organization will consider hiring an assistant who has experience as a head coach to help Saunders with the challenges of his new position.

GM Scott Layden was retained last night and will likely remain in place for the rest of the season, but he may need the team to make the playoffs to keep his job beyond that.

While the Wolves have a disappointing 19-21 record, the decision to part with Thibodeau was based on business as much as basketball, Krawczynski writes. The coach had become unpopular with fans, who routinely booed him every time his name was announced in pre-game introductions. Even worse, they were staying away, as Minnesota has dropped to 29th in home attendance after ranking 21st last season. The organization didn’t want to keep an alienating presence in place with a season ticket drive looming.

It’s no secret that owner Glen Taylor was unhappy with Thibodeau and Layden over how they handled the situation with Jimmy Butler before he was traded to the Sixers. Taylor commented several times that he believed both men were dragging their feet on Butler’s trade request and that they let the volatile star hijack the team during training camp and the early season.

Thibodeau has long had a reputation of giving heavy minutes to his starters, and several players complained about poor communication over their roles. Krawczynski reports that Gorgui Dieng, who has fallen out of the rotation after signing a huge contract, was “openly seething” in the locker room after Friday’s game. Tyus Jones, Anthony Tolliver and Jeff Teague have also expressed frustration over their status on the team.

As one of the few remaining coach/executives left in the league, Thibodeau’s standing was also harmed by several personnel decisions that didn’t work out. He was the driving force behind the decision to send Zach LaVine, Kris Dunn and a draft pick that turned out to be Lauri Markkanen to the Bulls to acquire Butler. He also convinced Taylor to part with Ricky Rubio in exchange for Teague. And of course, he was responsible for bringing Taj Gibson, Derrick Rose and Luol Deng, his former players in Chicago, to Minnesota to form the “Timber-Bulls.”

Taylor was in Florida last night as Layden and CEO Ethan Casson delivered the news to Thibodeau. Taylor’s only comment came in an official statement from the organization, saying, “These decisions are never easy to make, but we felt them necessary to move our organization forward.”

Northwest Notes: Nuggets, Jones, Korver, Thibodeau

The Nuggets are entering 2019 with the No. 1 record in the Western Conference, sporting an improved defense with their usual stellar play on offense this season. The team has worked for its success despite being hammered with injuries to key players such as Paul Millsap, Gary Harris and Will Barton over the past two months.

“It’s worth enjoying,” Jamal Murray said, according to Mike Singer of the Denver Post. “It’s something you don’t want to give up. You drop to second, ‘You’re like, damn.’ Even though we’re not really paying attention to it, it’s in your sub-conscious. We’re the top team in the West for a reason.”

The next challenge for the Nuggets, head coach Mike Malone says, is not becoming complacent and taking the success for granted.

“The moment you come up for air, the moment you become satisfied, you will fall and fall quickly,” Malone said. “That’s how close the Western Conference is. You lose three games, you can drop eight spots.”

Denver owns a 23-11 record this season, but the team is scheduled to play five games in the first eight days of 2019 — including three contests on the road. Their resiliency and attitude toward shuffled rotations have been effective so far, with players such as Isaiah Thomas and Michael Porter Jr. also not seeing any game action yet.

Thomas is expected to return at some point in the coming weeks, while Porter Jr. may be out until the 2019/20 season. Millsap, Harris and Barton are each working to get back to 100 percent after sustaining respective injuries in December.

Here are some other notes from the Northwest Division:

  • Timberwolves guard Tyus Jones has looked comfortable while starting at point, Chris Hine of the Minneapolis Star Tribune writes. With both Jeff Teague and Derrick Rose out to injuries, Jones started for the team on Sunday against the Heat, then again on Monday against the Pelicans. He was able to notch 15 points and 13 assists in 38 minutes during Monday’s contest. “I felt great,” Jones said. “Continue to just try to make the right reads, the right plays and just play my game. Just continue to do so whether that’s shooting, playing off of other guys, getting certain guys going, no matter what it is, make sure we’re in the best position to try to win the game.”
  • Kyle Korver has positively impacted the Jazz one month after being traded to the team, Ryan McDonald of the Deseret News writes.  Utah holds a 7-1 record in games when Korver makes two or more 3-pointers and a 1-6 record when he makes one or less. “Since I have come on, it is a lot of me just trying to find my spot and be comfortable with how we try to play,” Korver said on Saturday, according to McDonald. The Jazz own a 18-19 record on the season.
  • Michael Scotto of The Athletic explores Timberwolves head coach Tom Thibodeau‘s coaching style through his longtime players, including the likes of Rose, Luol Deng and Taj Gibson. Thibodeau is known for being a hard-nosed, disciplined NBA coach who prides himself on tough work and dedication. “His quote is always, ‘The magic is in the work,’” Deng said of Thibodeau. “It just tells you he’s going to put in as many hours as it takes to get it done.”