Portland Trail Blazers Rumors | Hoops Rumors

Free Agent Roundup: Gallinari, Harris, Millsap

November 18th, 2020 at 7:17pm CST by Arthur Hill

The Heat could be among the teams bidding for free agent forward Danilo Gallinari, according to Michael Scotto of HoopsHype. If Giannis Antetokounmpo accepts a super-max offer from the Bucks, there will be less incentive for Miami to preserve cap room for next summer. If the two-time MVP is off the market, Scotto hears that the Heat will extend Bam Adebayo, try to re-sign Goran Dragic and look to add a forward, possibly Gallinari, in free agency.

Oklahoma City is expected to structure the trade for Al Horford so it can retain Gallinari’s cap hold, according to Tim Bontemps of ESPN (Twitter link).

There’s more free agent news to pass along:

A rumor circulating earlier today that the Mavericks and Thunder were negotiating a sign-and-trade deal involving Gallinari is false, at least so far, tweets Brad Townsend of The Dallas Morning News.
The Hawks and Hornets were both planning to pursue Nets sharpshooter Joe Harris, but it seems increasingly likely that he will remain in Brooklyn, Scotto notes in the same piece. Charlotte will look for more affordable guards who can give the team veteran leadership and shooting.
Nuggets forward Paul Millsap could be in line for the Trail Blazers‘ full mid-level exception if he signs in Portland, Scotto adds. The Blazers are expected to make a strong push for the 35-year-old.

Dorell Wright Announces Retirement From Basketball

November 18th, 2020 at 4:16pm CST by Alex Kirschenbaum

In a new Instagram post today, 11-year veteran NBA forward Dorell Wright appears to have officially announced his retirement from basketball, per Kelly Iko of The Athletic (Twitter link).

“Reflecting on my 16 year career, something I’ve been doing more than half my life, I walk away from the game of basketball with a huge smile on my face and with the feeling of completion,” Wright wrote in part. “The game blessed me with the ability to support my family and friends, to give back to my community and to use my voice & expertise for the next generations to come.”

Drafted by the Heat in 2004 with the No. 19 selection out of high school, Wright played for six seasons in Miami. He won a title with the team in 2006, though he was not a part of the club’s regular rotation at that point.

Wright also logged stops with the Warriors, Sixers, and Trail Blazers. Wright’s final NBA game was an April 2016 playoff appearance for the Heat, during a blowout first-round game against the Hornets. He played two preseason games for the Clippers ahead of the 2016/17 season, before ultimately being waived by Los Angeles.

Since the conclusion of his tenure with the league, the 34-year-old Wright has played for various clubs throughout China and Europe.

Wright holds career NBA averages of 8.4 PPG, 3.8 RPG, and 1.5 APG. He shot 36.5% from long range and 80.6% from the free throw line.

Southeast Notes: Gordon, Magic, Hawks, Heat

November 17th, 2020 at 2:29pm CST by Luke Adams

Before the Trail Blazers reached an agreement with Houston to acquire Robert Covington in exchange for Trevor Ariza, this year’s No. 16 pick, and a protected 2021 first-round selection, Portland used similar assets to attempt to acquire Aaron Gordon from the Magic, according to Mitch Lawrence of SiriusXM NBA Radio (Twitter link), who says Orlando didn’t bite.

Gordon is believed to be available, with one recent report suggesting the Magic are attempting to move up in the draft by attaching the forward to the No. 15 pick. However, it makes sense that Orlando would be lukewarm on an offer made up of an expiring contract and two mid-to-late first-rounders. If the Magic do move Gordon, they’d likely want to get an impact player in return, or at least create a path to land one (ie. securing a high lottery pick).

Here’s more from around the Southeast:

Magic president of basketball operations Jeff Weltman confirmed on Monday that his team has explored the possibility of trading up or trading down in the draft, but said the “greatest likelihood” is that the club remains at No. 15, per Roy Parry of The Orlando Sentinel.
Hawks general manager Travis Schlenk said something similar in his Monday conference call, suggesting that staying put at No. 6 is most likely for his club, followed by trading down. As Chris Kirschner of The Athletic relays, Schlenk also spoke about Atlanta shifting from “asset accumulation to hopefully talent accumulation” using its cap room this offseason, suggesting the team is no longer prioritizing accommodating salary dumps with its cap space.
Texas Tech guard Jahmi’us Ramsey conducted a personalized workout on Zoom with the Heat, he told reporters today (Twitter link via Duane Rankin of The Arizona Republic). Ramsey added that he also did a Zoom workout that about 22 teams watched.

Blazers’ Rodney Hood Opting Out, Will Become Free Agent

November 17th, 2020 at 12:06pm CST by Luke Adams

Trail Blazers wing Rodney Hood will pass on his $6MM option for the 2020/21 season, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that Hood will become a free agent later this week.

Hood’s decision is somewhat surprising, as he spent most of this past season recovering from an Achilles tear that he suffered last December. The expectation was that he’d play it safe coming off that injury, picking up his option and setting himself up for 2021 free agency as he regains his old form over the course of the season.

However, Wojnarowski suggests that Hood – who has had nearly a full year to recover from his Achilles surgery – will be able to play immediately with a new team. It’s not clear if a reunion with the Trail Blazers on a new contract is still in play for the 28-year-old or if he’s committed to seeking a new home.

Before his injury, Hood was playing extremely well as Portland’s starting small forward, averaging 11.0 PPG and 3.4 RPG on .506/.493/.778 shooting in 21 games (29.5 MPG). While that three-point percentage is well above his career average, Hood is a fairly reliable shooter and a solid defender, making him a nice fit on the wing for most teams.

While the Blazers are now at risk of losing Hood, removing his $6MM option salary from their books puts the team in good position to use its full mid-level exception, worth about $9.3MM.

Blazers Expected To Pursue Millsap In Free Agency

November 16th, 2020 at 9:51pm CST by Dana Gauruder

The Trail Blazers had some success with an aging former All-Star forward last season. It appears they’ll be looking to sign another one in free agency.

Portland is expected to pursue Paul Millsap, Kevin O’Connor of The Ringer tweets. Millsap, 35, is an unrestricted free agent.

Millsap is highly respected for his toughness, leadership and shooting. He averaged 11.6 PPG and 5.7 RPG in 24.3 MPG and made a career-best 43.5% of his 3-point tries last season.

The Blazers are looking for another big body who can match up with power forwards like Anthony Davis, O’Connor notes.

Millsap could essentially replace Carmelo Anthony, who is also an unrestricted free agent. Anthony saw extensive action at both forward spots after Portland signed him last winter. There’s been no indication whether the Blazers are committed to trying to re-sign him.

With a healthy Zach Collins on the roster, Millsap would figure to have a second-unit role if he joined the Blazers. Nuggets president of basketball operations Tim Connelly said in late September that he would “love” to see Millsap finish out his career in Denver.

Blazers’ Mario Hezonja Opting In For 2020/21

November 16th, 2020 at 11:26am CST by Luke Adams

Trail Blazers swingman Mario Hezonja will pick up his player option, opting in for the 2020/21 season, reports Michael Scotto of HoopsHype (Twitter link). As a result, Hezonja will forgo free agency until 2021 and will lock in a $1,977,011 guaranteed salary with Portland for the upcoming season.

Hezonja, 25, averaged a career-worst 4.8 PPG in a part-time role for the Blazers in 2019/20. In 53 games (16.4 MPG), he chipped in 3.5 RPG and shot just 42.2% from the field, including 30.8% on three-pointers.

Although he was the fifth overall pick in the 2015 draft, Hezonja has failed to develop into a reliable rotation player in Orlando, New York, or Portland since entering the league. It’s not even a certainty he would have received minimum-salary offers if he had opted for free agency this fall, so his decision to exercise his option comes as no surprise — we’ll see if he sticks with the Blazers or gets included in a trade before the 2021 deadline.

Accounting for Hezonja’s modest salary doesn’t impact the Blazers’ cap outlook in any real way. Portland projects to be an over-the-cap team this offseason.

Rodney Hood, who is coming off an Achilles tear, is the other Blazer who holds a player option for 2020/21. The expectation is that he’ll pick up his $6MM option.

Draft Rumors: Wolves, Edwards, Ball, P. Williams, Hawks, Knicks, More

November 16th, 2020 at 10:18am CST by Luke Adams

With the 2020 NBA draft just two days away, several draft experts are publishing their final mocks of the year, nearly five months after the event was initially scheduled to take place. Jonathan Givony of ESPN, Jeremy Woo of SI.com, Sam Vecenie of The Athletic, and Jonathan Wasserman of Bleacher Report are among those who published new mock drafts today. Let’s round up a few of the key pieces of intel from those mocks…

Sources tell Vecenie that the Timberwolves still haven’t finalized a decision on what they’ll do with their No. 1 pick, as they expect “real” trade offers to start coming in during the next couple days. However, Givony and Woo have both heard that most teams around the NBA are operating as if the Wolves will select Anthony Edwards if they stay put.
LaMelo Ball‘s private workouts with teams last week were strong, according to Givony, who suggests that the Warriors were among the teams impressed by what they saw from Ball. Still, Givony and other draft experts view James Wiseman as Golden State’s most likely pick at No. 2.
There has been plenty of chatter about Florida State forward Patrick Williams, whose ceiling is as high as No. 4 to the Bulls, according to both Woo and Givony.
Opposing front offices say the Hawks (No. 6) have been the most active team in trade talks, according to Givony, who says Atlanta could push for an impact player (such as Jrue Holiday or Victor Oladipo) or trade down and pick up another young player.
Sources tell Wasserman that the Knicks (No. 8) appear to be “looking hardest” at Devin Vassell, Isaac Okoro, and Kira Lewis Jr. Sources have also linked Obi Toppin to New York for some time, per Woo, though the Dayton forward is less likely to be on the board at No. 8.
Assuming the Suns keep the No. 10 pick, sharpshooter Aaron Nesmith is thought to be high on their list, says Wasserman.
While the Celtics have looked into packaging their three first-rounders (Nos. 14, 26, and 30) for a mid-lottery pick, interest in that sort of deal appears to be lukewarm, according to Woo, who says Boston may be more likely to make smaller trades with their picks.
Sources tell Wasserman that the Trail Blazers (No. 16) have expressed interest in Serbian forward Aleksej Pokusevski, while Vecenie says Jay Scrubb‘s name is the one he has heard linked most frequently to Portland.
The Bucks‘ pick at No. 24 is one to watch in trade talks as Milwaukee tries to upgrade its roster, writes Vecenie. If they keep the pick, Josh Green is among the options the Bucks are eyeing, per Wasserman.

Blazers Express Interest In Jrue Holiday

November 15th, 2020 at 9:01pm CST by JD Shaw

The Trail Blazers have expressed interest in Pelicans guard Jrue Holiday, according to The Ringer’s Kevin O’Connor (Twitter link). O’Connor added that a potential trade between the teams remains unlikely, however, citing Portland’s lack of potential assets to include in an offer.

NBA Sets Estimated Average Salary, Early Bird Exception For 2020/21

November 12th, 2020 at 4:34pm CST by Luke Adams

The NBA revealed today that the estimated average salary for the 2020/21 season will be $10,000,000, while the Early Bird exception amount will be $10,047,450, according to Bobby Marks of ESPN and Eric Pincus of Bleacher Report (Twitter links).

The estimated average salary for a league year is defined as 104.5% of the average salary for the NBA’s previous league year, while the Early Bird amount is 105% of the previous average salary. Those figures are important for different reasons.

When a player signs a veteran contract extension, he can receive a starting salary worth either 120% of the final-year salary in his current deal or 120% of the league’s estimated average salary. So, extension-eligible players earning below $10MM in 2020/21 will be able to receive $12MM in the first season of a four-year extension.

As Marks notes, this would apply to players like Trail Blazers wing Gary Trent Jr., Nuggets guard Monte Morris, and Hornets guard Devonte’ Graham. If they want to sign extensions this fall that go into effect in 2021/22, they’d be eligible to receive up to $53.76MM over four years.

As for the Early Bird exception, it represents the starting salary that teams can offer to their own free agents using Early Bird rights, assuming that amount is greater than 175% of the player’s previous salary.

This will apply this offseason to free agents like Lakers point guard Rajon Rondo and Pistons big man Christian Wood. If their own teams want to re-sign them using Early Bird rights, the offers won’t be able to exceed $10,047,450 in year one. In order to offer a higher starting salary, those teams would have to use cap room (which the Pistons will have, but the Lakers won’t).

Because the salary cap isn’t increasing or decreasing for 2020/21, other values tied to the cap will remain unchanged. This applies to the maximum and minimum salaries, as well as the mid-level and bi-annual exceptions, as we explained earlier in the week. The tax apron ($138,928,000) and the limit on cash sent/received in trades ($5,617,000) will also be the same in ’20/21 as they were in ’19/20.

Blazers, Heat, Thunder, Wolves Paid Tax For 2019/20

November 12th, 2020 at 2:11pm CST by Luke Adams

Just four NBA teams finished the 2019/20 season in tax territory and none of those clubs will be on the hook for a substantial bill. As Tim Reynolds of The Associated Press relays (via Twitter), this season’s four taxpayers, along with the penalties they’ll pay, are as follows:

Portland Trail Blazers: $5,082,084
Miami Heat: $2,461,242
Oklahoma City Thunder: $2,102,278
Minnesota Timberwolves: $497,502

Since half of the luxury tax penalty money is reallocated to the teams that finished out of the tax, those 26 non-tax clubs are in line for modest payouts of $195,060, per ESPN’s Bobby Marks (via Twitter). Marks notes that the $10,143,106 in total tax penalties represents the lowest leaguewide amount since the NBA introduced its luxury tax system in 2002/03.

While those four teams wouldn’t have been subjected to big tax bills either way, they received a small break from the NBA, according to Marks and Eric Pincus of Bleacher Report (Twitter links). The league implemented its anticipated tax adjustment for 2020/21 a year early, reducing teams’ penalties by the percentage that the league’s basketball related income (BRI) fell short of the preseason projection.

As cap expert Albert Nahmad and Shams Charania of The Athletic detail (via Twitter), the NBA ultimately finished with a BRI figure of $6.865 billion after initially projecting $8.034 billion. That means the league only earned about 85.4% of its anticipated BRI and in turn only charged taxpaying teams 85.4% of their tax penalties.

For example, Portland should have owed $5,947,943 in tax penalties, but was only charged $5,082,084. The other three taxpaying clubs received similar reductions.

The Blazers only saved about $866K based on the league’s leniency and the other three clubs saved less than that, but the temporary change the tax system could have a significantly greater impact in 2020/21, when more clubs project to be in the tax and the NBA is bracing for a more substantial loss in revenue.