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2019 Offseason Salary Cap Digest: Portland Trail Blazers

May 27th, 2019 at 10:38am CST by Luke Adams

Despite being swept out of the first round of the postseason in 2018, the Trail Blazers ran back virtually the same roster for the 2018/19 season and the team’s confidence in its core players paid dividends.

With a more favorable playoff draw in 2019, Portland won two series, earning a spot in the Western Conference Finals for the first time in nearly 20 years. The club’s success led to renewed faith in its core, including head coach Terry Stotts and president of basketball operations Neil Olshey, who both signed contract extensions.

Here’s where things currently stand for the Trail Blazers financially, as we continue our Offseason Salary Cap Digest series for 2019:

Guaranteed Salary

Player Options

  • None

Team Options

  • None

Non-Guaranteed Salary

  • None

Restricted Free Agents

Unrestricted Free Agents / Other Cap Holds

Projected Salary Cap: $109,000,000
Projected Tax Line: $132,000,000

Offseason Cap Outlook

  • Realistic cap room projection: $0
  • With $126MM already committed to 10 players for 2019/20, the Trail Blazers project to be back in the tax next season unless they can cut costs a little or fill out their roster extremely cheaply. Their odds of creating cap room are extremely slim.

Cap Exceptions Available

  • Taxpayer mid-level exception: $5,711,000 1

Footnotes

  1. This is a projected value. If the Trail Blazers were to reduce salary and stay out of tax territory, they could instead have access to the full mid-level exception ($9,246,000) and the bi-annual exception ($3,619,000).

Note: Minimum-salary and rookie-scale cap holds are estimates based on salary cap projections and could increase or decrease depending on where the cap lands.

Salary information from Basketball Insiders and RealGM was used in the creation of this post. Photo courtesy of USA Today Sports Images.

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Free Agent Stock Watch 2019: Conference Finals

May 25th, 2019 at 11:16am 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 take a look at players from the conference finals:

Patrick McCaw, Raptors, 23, SG (Down) — Signed to a one-year, $786K deal in 2019
McCaw’s season has been a head-scratcher. He leveraged his way out of Golden State, signed a non-guaranteed offer sheet with Cleveland, got cut loose shortly thereafter and then signed a minimum contract with Toronto. He may get his wish to be an unrestricted free agent this summer, but no one will be knocking down his door on July 1. He suffered a thumb injury late in the regular season, was ineffective in some postseason appearances, and has missed the last couple of games for “personal reasons.” McCaw might not even find a guaranteed offer this summer.

George Hill, Bucks, 33, SG (Up) – Signed to a three-year, $57MM deal in 2017
Hill’s $18MM salary becomes guaranteed if he’s still on the roster July 1. The Bucks have too many free agent concerns to bring him back at that number, but Hill has reinforced that he’s a solid rotation player after a disappointing regular season. Hill averaged 14.2 PPG in the conference semis against Boston. Throwing out his Game 1 clunker against Toronto and he’s averaged 13.5 PPG, 6.3 RPG and 2.0 APG over the past four games, hitting some clutch baskets along the way. He’ll attract attention on the open market, though he’ll have to settle for less than his previous deal.

Alfonzo McKinnie, Warriors, 26, SF (Up) – Signed to a two-year, $2.7MM deal in 2018
Seems like every role player that coach Steve Kerr has thrown out there in the postseason has provided some quality minutes. McKinnie certainly fits that description. He was getting here-and-there minutes, then became more valuable with Kevin Durant sidelined. He grabbed nine rebounds in 21 minutes in Game 3 against Portland, then contributed 12 points in the clinching overtime victory in Game 4. McKinnie has a non-guaranteed salary next year but it’s difficult to see him getting cut loose considering the Warriors need to surround their stars with low-cost options. He can be a restricted free agent in 2020 if he receives a qualifying offer.

Enes Kanter, Trail Blazers, 27, C (Down) – Signed to a one-year, $653K deal in 2019
Kanter rode the roller coaster during the playoffs. The Blazers would have never made it to the Western Conference finals without him in the wake of Jusuf Nurkic‘s injury. Following Game 1 against the Warriors though, Kanter saw limited minutes as coach Terry Stotts opted to ride stretch four Meyers Leonard. Kanter’s ability to put up numbers earned him a big contract with the Thunder — recall he was making $18.6MM this season before working out a buyout with the Knicks. But his defensive deficiencies are also apparent in today’s NBA. It will interesting to see how much executives value his positives on the open market.

Photo courtesy of USA Today Sports Images.

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Pacific Notes: Suns Staff, Walton, Bell, LeBron

May 24th, 2019 at 5:32pm CST by Dana Gauruder

A trio of assistants/scouts in other organizations could soon be joining Monty Williams‘ Suns staff, Marc Stein of the New York Times tweets. Steve Blake (Trail Blazers), Randy Ayers (Nets) and Mark Bryant (Thunder) have emerged as top contenders to join Williams in Phoenix. Williams was hired by the Suns three weeks ago after spurning overtures from the Lakers.

We have more from the Pacific Division:

  • Luke Walton was spotted by the media helping out with the Kings’ pre-draft workout on Thursday but he didn’t speak to the press, Jason Anderson of the Sacramento Bee reports. The new Kings head coach hasn’t faced the media since a lawsuit alleging that he sexually assaulted a former reporter was filed last month. The league and organization are jointly investigating the matter.
  • Jordan Bell, who will be a restricted free agent this summer, has made a positive impression in the postseason, as the team’s website notes. The Warriors forward received a start in Game 4 of the Western Conference finals and averaged 6.8 PPG, 2.3 RPG and 2.0 APG in the series. “Jordan Bell is one of those guys who has got that energy,” veteran swingman Andre Iguodala said. “He thrives off the spotlight. He enjoys being in those moments and people are watching him.
  • People within LeBron James‘ inner circle expressed concern that the dysfunction within the Lakers organization could ruin the team’s summer even before Magic Johnson‘s public criticism of GM Rob Pelinka and the front office structure, Sam Amick of The Athletic reports. The challenge of convincing at least one top free agent to join James was already seen as daunting around the league, and recent developments have make that uphill climb far worse, Amick adds.
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Blazers Sign Terry Stotts To Multiyear Extension

May 24th, 2019 at 3:56pm CST by Luke Adams

MAY 24: The Trail Blazers have officially announced Stotts’ new extension, confirming that it will add two years to the head coach’s contract, running through the 2021/22 season.

MAY 21: Less than 24 hours after they were eliminated from the postseason, the Trail Blazers have agreed to terms on a multiyear contract extension for head coach Terry Stotts, tweets Casey Holdahl of Blazers.com. Head of basketball operations Neil Olshey said that the two sides finalized an agreement “20 minutes ago,” Holdahl adds (via Twitter).

[RELATED: Blazers, Lillard expected to agree to super-max extension during offseason]

Stotts, who previously coached the Hawks and Bucks, took over the Blazers’ head coaching job in 2012, which makes him the fourth longest-tenured coach in the NBA. After finishing 33-49 in his first season on Portland’s bench, Stotts has led the club to six consecutive playoff berths, for an overall regular season record of 325-249 (.566).

The 2018/19 season represented the first time that Stotts had guided the Blazers past the second round of the postseason. In their five previous playoff trips, the team was eliminated in the first round three times and advanced to the Western Conference Semifinals twice.

Stotts’ contract with the Blazers had been set to expire after the 2019/20 season, so it comes as no surprise that the club would quickly extend his deal rather than asking him to enter next year as a lame duck.

As we detailed earlier today, Stotts hadn’t been thrilled by the fact that Portland chose not to extend him a year ago after his Blazers claimed the No. 3 seed in the Western Conference, then were swept by the Pelicans in the first round.

Photo courtesy of USA Today Sports Images.

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Trail Blazers Sign Neil Olshey To Extension

May 24th, 2019 at 1:46pm CST by Luke Adams

1:46pm: Olshey has officially signed his extension, the Blazers announced today in a press release.

“Neil has done an exceptional job finding and keeping the talent that has made the Trail Blazers a perennial playoff team, culminating in this season’s magical run to the Western Conference Finals,” owner Jody Allen said in a statement. “I have great confidence in the culture he has created in Portland, and I look forward to seeing it thrive and grow for years to come.”

12:27pm: The Trail Blazers have agreed to a contract extension with president of basketball operations Neil Olshey, reports Adrian Wojnarowski of ESPN.com (via Twitter). According to Wojnarowski, the new deal will keep Olshey under contract through 2024.

The news comes on the heels of a report that Olshey was receiving some interest from the Wizards for their own head of basketball operations position. That report indicated that Olshey was locked up through 2021 and may be open to other opportunities. However, with a new deal in hand, the veteran executive is now set to remain in Portland for the next several years.

Olshey, who previously worked in the Clippers’ front office, serving as the club’s general manager for two years, took over as the Trail Blazers’ head of basketball operations in June of 2012. His first move with the club saw him use the No. 6 overall pick in the 2012 draft on Damian Lillard, who has since become the Blazers’ franchise player.

While Portland had a 33-49 record in Olshey’s first year in the front office, the team has been one of the Western Conference’s most successful organizations since then, making six consecutive playoff appearances and averaging nearly 49 wins per season since the start of the 2013/14 campaign. The Blazers won four playoff series during that stretch, making the Western Conference Finals this spring for the first time since 2000.

Blazers head coach Terry Stotts agreed to an extension with the club earlier this week.

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Latest On Wizards’ GM Search

May 24th, 2019 at 8:58am CST by Luke Adams

It has now been a week since Nuggets president of basketball operations Tim Connelly met with Wizards owner Ted Leonsis at Leonsis’ residence to discuss Washington’s top basketball operations position. As Candace Buckner of The Washington Post details, the Wizards didn’t make Connelly a job offer at that meeting, but did so two days later. Connelly passed, opting to remain in Denver and sending the Wizards’ search back to square one.

Since then, there have been no concrete updates on Washington’s search for Ernie Grunfeld‘s replacement, prompting Jerry Brewer of The Washington Post to write that the clock is ticking on the team’s “driftless” search.

David Aldridge of The Athletic makes a similar point, suggesting that the Wizards’ lack of action on Troy Weaver, Danny Ferry, and Tommy Sheppard – all of whom have interviewed twice for the job – signals that the club isn’t in love with any of those candidates. Still, with big offseason decisions looming, including one on Bradley Beal‘s future, it’s time for Leonsis to be decisive and either choose one of the Wizards’ existing candidates or go after a new one, Aldridge contends.

If the Wizards do add a new name or two to their list of potential targets, who might those new candidates to be? Ben Standig of NBC Sports Washington observes that Warriors assistant GM Larry Harris and Raptors president of basketball operations Masai Ujiri, whose teams are still alive in the playoffs, could be on the Wizards’ radar.

Harris interviewed for the Pelicans’ top front office job before David Griffin landed it, and the outside consultant who worked with New Orleans, Mike Forde, has also assisted the Wizards in their search, so he could recommend Harris to Washington too, Standig notes. As for Ujiri, while the Wizards were rumored to have interest, a source tells Standig that expectations of high salary demands have thus far discouraged Washington from seriously pursuing that possibility.

Standig identifies one more potential target for the Wizards, writing that multiple sources have said the team has interest in Trail Blazers head of basketball operations Neil Olshey. Washington’s interest in Olshey dates back several weeks, but as of Wednesday the club had yet to ask Portland permission to talk to him, according to Standig.

While Olshey is under contract for two more years, sources believe he’d be open to considering other options, per Standig. Damian Lillard‘s super-max eligibility and Portland’s uncertain ownership situation could be factors working in the Wizards’ favor if they do make a run at Olshey.

[UPDATE: Olshey signs extension with Trail Blazers]

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NBA Announces 2018/19 All-NBA Teams

May 23rd, 2019 at 1:06pm CST by Luke Adams

The NBA has formally announced the All-NBA First, Second, and Third Teams for the 2018/19 season, with Giannis Antetokounmpo and James Harden leading the way as the two unanimous selections for the First Team.

The full All-NBA teams are listed below, with their vote totals in parentheses. Players received five points for a First Team vote, three points for a Second Team vote, and one point for a Third Team vote, so Antetokounmpo and Harden scored a perfect 500 — First Team nods from all 100 voters.

All-NBA First Team

All-NBA Second Team

All-NBA Third Team

As we detailed in March, this year’s All-NBA selections have significant financial implications for several players. Here’s a breakdown of how several All-NBA candidates were impacted:

  • Giannis Antetokounmpo is now eligible for a super-max extension with the Bucks, which he can sign in 2020. It would start at 35% of the cap in 2021/22 and would extend his contract by five years.
  • Damian Lillard is now eligible for a super-max extension with the Trail Blazers, which he can sign in 2019. It would start at 35% of the cap in 2021/22 and would extend his contract by four years.
  • Kemba Walker is now eligible for a super-max contract with the Hornets, which he can sign in 2019. It would start at 35% of the cap in 2019/20 and would be for five years.
  • Bradley Beal, Klay Thompson, Nikola Vucevic, and other super-max candidates who didn’t earn All-NBA honors aren’t eligible for super-max contracts (or a super-max extension, in Beal’s case). Thompson’s and Vucevic’s maximum contracts this summer would start at 30% of the cap.
  • Karl-Anthony Towns‘ extension with the Timberwolves, which goes into effect in 2019/20, will start at 25% of the cap, rather than 30%, because he didn’t earn All-NBA honors.

Beal and Thompson received the most All-NBA votes of any guards who missed out on the All-NBA teams, receiving 34 and 27 points respectively. Sixers guard Ben Simmons got seven points, while no other guards had more than four.

LaMarcus Aldridge (Spurs) and Danilo Gallinari (Clippers) were the runners-up at forward, receiving 17 and seven points, respectively. Pascal Siakam (Raptors) had four points, while no other forwards had more than three.

At center, Towns received 20 points, followed by Vucevic at four and Pistons center Andre Drummond with three.

Interestingly, the 15 players named to the All-NBA teams for 2018/19 were the same 15 players that Hoops Rumors readers voted for in our end-of-season All-NBA polls last month. The only differences were George swapping places with Durant and Irving flipping spots with Westbrook.

The full and official All-NBA voting results can be found right here.

Photo courtesy of USA Today Sports Images.

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Blazers Notes: Lillard, Stotts, Offseason

May 21st, 2019 at 12:03pm CST by Luke Adams

Earlier today, Chris Haynes of Yahoo Sports reported that the Trail Blazers are expected to sign Damian Lillard to a super-max extension that would lock him up for four additional seasons beyond the end of his current contract.

ESPN’s Brian Windhorst covered the same subject in his own article this morning, pointing out that the uncertain ownership situation in Portland is a potential wild card for Lillard and the Blazers. However, even though the star point guard would remain eligible to sign a super-max extension in 2020, he’s “at ease” with the ownership situation and is open to signing that new deal this offseason, sources tell Windhorst.

While Trail Blazers ownership – headed by Jody Allen, the sister of late owner Paul Allen – appears set to commit big money to Lillard, it’s unclear whether the team will continue to authorize future luxury-tax spending, Windhorst writes. For now, those in the organization have been informed that no short-term changes to spending are anticipated.

Here’s more on the Blazers:

  • Terry Stotts‘ contract situation will be worth watching closely this offseason, as 2019/20 is the final year of his current deal. Sources tell Chris Haynes that Stotts wasn’t pleased about not being extended a year ago, so the team will likely have to put an extension on the table now in order to get him back for next season. Head of basketball operations Neil Olshey, who has two years left on his contract, may have earned an extension as well, Windhorst writes.
  • In his preview of the Trail Blazers’ offseason, ESPN’s Bobby Marks (Insider link) explains why it will be tricky for the team to retain role players like Rodney Hood, Enes Kanter, and Seth Curry, and points out that CJ McCollum will be extension-eligible too.
  • Sean Deveney of Sporting News previews Portland’s upcoming summer as well, exploring whether the club can find a way to take another leap forward in 2019/20.
  • Jason Quick of The Athletic rounded up some post-game reactions from Blazers players on Monday, and took a look back at what was a memorable 2018/19 season for the franchise. “In the past few years, I’ve been much more like … hurt,” Lillard said, following Portland’s elimination. “Right now, a lot of the things that happened … like, I know how we lost. And not dominating how I would have liked to is disappointing. But to be where we are now — one of the final four teams — it doesn’t hurt as bad.”
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Blazers, Lillard Expected To Agree To Super-Max Extension

May 21st, 2019 at 9:05am CST by Luke Adams

While Damian Lillard‘s 2019 playoff run came to an end on Monday night, his contract with the Trail Blazers is expected to be extended this offseason, according to Chris Haynes of Yahoo Sports. Haynes reports that Lillard and the Blazers will likely agree to terms on a super-max extension this summer after the point guard becomes eligible.

Lillard would gain eligibility for a Designated Veteran Extension – known colloquially as the super-max – if he earns a spot on one of the All-NBA teams for the 2018/19 season, which is viewed as a lock.

Portland’s All-Star point guard still has two years left on his contract, but a super-max extension could tack on four more years to that deal, locking him up through the 2024/25 season.

Lillard is owed $29.8MM in 2019/10 and $31.6MM in 2020/21, and those figures would remain unchanged if the two sides reach a new agreement. The extension, which would have a starting salary worth 35% of the cap, would begin in 2021/22. While the exact value of that four-year deal isn’t yet known, the current estimate based on the league’s future cap projections is about $191MM, as Haynes notes.

Since Lillard will turn 29 this July, his four-year extension would cover his age 31-to-34 seasons. As we’ve seen with the Wizards and John Wall, it would be a risk for the Blazers to make such a significant investment two years before the deal goes into effect. But the team appears ready to make that commitment to one of the best players in franchise history.

Citing rival executives, Haynes writes that there’s a belief Lillard will get a player option on his new extension, which he bypassed last time he negotiated a new contract with the Blazers.

A seven-year veteran, Lillard is coming off one of his best seasons as a pro, having averaged 25.8 PPG, 4.6 RPG, and a career-high 6.9 APG in 80 games for Portland. He also produced one of the most memorable moments in the postseason, when he eliminated the Thunder from the first round with a 37-foot buzzer beater, then waved goodbye to their bench after the shot dropped.

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Grizzlies To Interview Tibbetts For Coaching Job

May 20th, 2019 at 6:25pm CST by Dana Gauruder

The Grizzlies have been granted permission to interview Trail Blazers assistant Nate Tibbetts for their head coaching vacancy, Adrian Wojnarowski of ESPN tweets.

Tibbetts has been on other teams’ lists recently during their head coaching searches. He was expected to be interviewed by the Cavaliers, but they chose Michigan coach John Beilein before that potential meeting. Tibbetts interviewed with the Suns before they selected Monty Williams. He was also one of four finalists for the Hawks job last summer that went to Lloyd Pierce.

Memphis, which parted ways with J.B. Bickerstaff after the season, has already interviewed at least three other candidates for the job — former Suns coach Igor Kokoskov, Jazz assistant Alex Jensen and Warriors assistant Jarron Collins. Memphis is also believed to have interest in Lithuania’s Sarunas Jasikevicius.

The Grizzlies are the only team that hasn’t filled its head coaching vacancy.

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