- Signing either Zach LaVine or Jabari Parker would require the Kings to reshape their roster, Jason Jones of The Sacramento Bee writes. The club currently has plenty of young players they’d like to develop. The Kings already have Bogdan Bogdanovic and Buddy Hield at the two while they just drafted Marvin Bagley to play the four.
The Kings, who were said to have interest in Zach LaVine before free agency officially began, may still be eyeing the restricted free agent, according to ESPN’s Adrian Wojnarowski.
During a conversation with colleague Bobby Marks on his podcast, Wojnarowski suggested on Wednesday that LaVine may be the best bet of the remaining restricted free agents to receive a lucrative offer sheet. According to Woj, the Kings have been “pretty serious” about LaVine and still have approximately $18-20MM in cap room to make an offer, if they so choose.
The Bulls still have plenty of cap flexibility and could comfortably match a four-year, $80MM offer for LaVine. However, an offer sheet in that range would put some pressure on the Bulls, who reportedly preferred to bring back their RFA guard on an average annual salary closer to $14-16MM. Given the tepid market for restricted free agents so far, Chicago may have been hoping to get an even more team-friendly deal.
LaVine is one of several notable restricted free agents who has yet to reach a contract agreement so far, joining Clint Capela, Jabari Parker, Marcus Smart, and Jusuf Nurkic, among others. It’s not clear if the Kings are considering offer sheets for any of those other players — the team was reportedly eyeing Parker earlier in free agency, but he may no longer be a Sacramento target.
We knew coming into the 2018 NBA free agent period that there may not be enough cap room to go around for all the players who hoped to sign lucrative new deals. Now, on the fourth day of the new league year, that’s more true than ever.
Teams like the Lakers, Sixers, Pacers, Nets, Mavericks, and Suns have devoted most or all of their projected cap room to free agent commitments or agreed-upon trades. While many of those clubs could theoretically open up more space with certain moves, they currently don’t project to have a ton of room available once they complete their reported deals.
The early activity from those clubs leaves just three teams with substantial projected cap room for 2018/19. These teams will be worth watching closely in the coming days – and perhaps weeks – to see how they intend to use their remaining cap room.
Will any of them make a run at one of the many intriguing restricted free agents still on the board, such as Clint Capela, Jabari Parker, Zach LaVine, Marcus Smart, or Jusuf Nurkic? Will they want to collect assets by taking on another team’s unwanted contracts, with into-the-tax clubs like the Thunder, Nuggets, and Raptors perhaps looking to cut costs? Their cap room will give these three teams some leverage no matter what path they choose.
Here’s a breakdown of the three clubs in question:
Atlanta Hawks
It’s been a quiet July so far for the Hawks, who signed their three first-round picks and inked Jaylen Adams to a two-way contract, but have otherwise stayed out of the fray. That’s no surprise, as GM Travis Schlenk said last week that the team expected to take a wait-and-see approach to free agency.
Currently, the Hawks have about $22.1MM in available cap room. They could increase that number to approximately $24.8MM by cutting Jaylen Morris and Antonius Cleveland, who are on modest non-guaranteed deals.
The Hawks are the midst of a rebuilding process and will be very patient as they put together their roster. That could mean wanting to use their cap room to take on a bad contract or two, adding more picks to their cache of draft assets. However, if they think the time is right to make a swing for a young restricted free agent who could be a cornerstone piece, they’re in position to do so. One weekend report linked them to LaVine.
Chicago Bulls
Speaking of LaVine, the Bulls‘ projected cap room will be impacted by what happens with the RFA guard. With or without him though, Chicago will have plenty of flexibility.
Currently, with cap holds for LaVine and fellow RFA David Nwaba on their books, along with non-guaranteed contracts for Sean Kilpatrick and Paul Zipser, the Bulls project to have approximately $22.6MM in cap space. The team could increase that number to $26.2MM by releasing Kilpatrick and Zipser. Waiving those players and renouncing their two RFAs would get the Bulls up to about $37.5MM, though that scenario is unlikely.
If the Bulls decide to use their space to pursue an outside RFA target, Chicago native Jabari Parker could be an option.
Sacramento Kings
The Kings have been linked to both LaVine and Parker during the free agent process, but may no longer be eyeing Parker.
Assuming they renounce the cap holds for free agents Vince Carter and Bruno Caboclo, the Kings will have about $18.2MM in cap room. Waiving Nigel Hayes, who has a non-guaranteed contract, would bump that number up to approximately $19.5MM.
If they plan to keep Hayes, the Kings are already 14 players on their roster, so it could make sense for them to use their remaining cap room in one fell swoop if there’s an opportunity they like.
Other teams that could create flexibility
While there are a number of teams that could theoretically clear cap room if they’re willing to waive or trade players on guaranteed contracts, there are a couple clubs whose path to space is quicker and easier than most.
The Nets are one such team. Once they complete their acquisition of Dwight Howard, the Nets project to have approximately $6.6MM in space. That doesn’t include Ed Davis‘ new $4.4MM deal, since Brooklyn figures to complete that signing using the room exception. It also include Joe Harris‘ modest $1.5MM cap hold rather than his new $8MM-ish salary, since the Nets will likely use all their cap room before going over the cap to re-sign Harris.
With a buyout agreement in place for Howard, the Nets are in position to increase their cap room. While it’s not clear how much Howard will give up in his agreement with Brooklyn, let’s say he gives back $5.337MM, the amount he’s reportedly receiving on his new deal with the Wizards. In that scenario, the Nets could add that amount to their $6.6MM in space, getting up to approximately $12MM.
The Lakers are another team to watch. Based on their roster moves to date, they project to have approximately $5.7MM in space. While it looks like they’ll avoid taking on multiyear deals, preferring to preserve cap flexibility for 2019, they could create significant flexibility right away if they’re willing to waive and stretch Luol Deng. Doing so would increase their cap room to about $15.5MM.
Salary information from Basketball Insiders was used in the creation of this post.
The Pelicans made a two-year, $40MM offer to DeMarcus Cousins between his Achilles injury in January and the end of the season, Marc Stein of The New York Times states in his latest newsletter. Cousins rejected the offer, and New Orleans’ front office responded by taking it off the table.
Cousins committed to Golden State last night, taking the Warriors’ MLE of $5.3MM for next season. The Lakers had an opportunity to get Cousins for a similar price, Stein adds, but once they passed, it was an easy decision for him to join the Warriors.
The Pelicans hadn’t given up hope of retaining Cousins when free agency began, but the door closed when they signed Julius Randle for $18MM over two years. Stein notes that Anthony Davis played an aggressive role in recruiting Randle to New Orleans.
There’s more Pelicans news to pass along:
- The trade with the Kings that brought Cousins to New Orleans will be remembered as a mistake, according to Jeff Duncan of The Times-Picayune. The Pelicans gave up two first-round picks in Buddy Hield and a 2017 selection that turned out to be Zach Collins. In exchange, they got just 65 games out of Cousins.
- Rajon Rondo and Cousins both made shrewd business decisions, Duncan adds in the same story. The Lakers gave Rondo more money than the Pelicans were offering, along with the chance to team up with LeBron James. Cousins found a low-stress environment to rehab his injured Achilles while getting an excellent chance to win a ring. The Pelicans also showed they’re not ready to pay the luxury tax, with Randle and Elfrid Payton providing cheaper alternatives to Cousins and Rondo.
- The free agent drama in New Orleans could be repeated next summer, writes Scott Kushner of The Advocate. The Pelicans took a little bit of the sting out of losing Cousins and Rondo by agreeing to deals with Randle and Payton. However, Randle can opt out after one season and Payton is only signed for a year. Nikola Mirotic, who fit well alongside Davis after arriving from the Bulls in a midseason trade, will also be a free agent.
The Kings are no longer believed to be pursuing restricted free agent forward Jabari Parker, a league source tells Jordan Schultz of Yahoo Sports (Twitter link). Reports from last week indicated that Parker was one of several free agents on the radar for the Kings, who were also linked to Zach LaVine and others.
Sacramento was one of the few NBA teams with cap room available, so if the Kings are out of the running for Parker, it will be interesting to see if the former No. 2 overall pick can find a lucrative offer elsewhere. The Bucks’ reported agreement with Ersan Ilyasova appears likely to hard-cap them, so a team could put pressure on Milwaukee with an aggressive offer sheet for Parker, but it remains to be seen which club might put such an offer on the table.
JULY 6: The Knicks have officially signed Hezonja, according to the NBA’s transactions log.
JULY 1: The Knicks have agreed to a one-year, $6.5MM pact with small forward Mario Hezonja, Adrian Wojnarowski of ESPN tweets. The 23-year-old comes off of a career-best season in which he averaged 9.6 points in 22.1 minutes per game for the Magic.
Prior to the 2017/18 season, the Magic elected not to pick up the 2015 fifth-overall pick’s fourth-year option and the Croatian swingman responded with a notable increase in production. In 11 February contests, for example, Hezonja averaged 15.5 points and 5.0 rebounds per game.
As we relayed earlier today, Marc Berman of The New York Post had reported that the Knicks had put an offer on the table for Hezonja worth a portion of the club’s $8.641MM mid-level exception. These reported terms would fall in line with that, leaving enough of the MLE available for New York to ink second-round pick Mitchell Robinson, something the club had been set on doing.
While Hezonja had reportedly been seeking a multiyear deal, the Knicks want to retain as much cap flexibility as possible for the 2019 offseason, and only plan on offering one-year guarantees this summer.
The buy-low addition of Hezonja, a young, recent lottery pick, will add depth to New York’s rotation. Hezonja will compete with Tim Hardaway Jr. and Courtney Lee for minutes on the wing, assuming the latter remains on the roster.
[RELATED: Knicks looking to trade Courtney Lee?]
The move will give the Knicks three of the top seven draft picks from 2015. Kristaps Porzingis (No. 4) and Emmanuel Mudiay (No. 7) were also top selections in that draft.
According to a subsequent Wojnarowski tweet, the Blazers, Kings and Grizzlies were also in the mix for Hezonja’s services.
Photo courtesy of USA Today Sports Images.
The Kings have signed Marvin Bagley III to a rookie scale contract, according to a team press release. At 120% of the scale, his first-year salary will come in at approximately $7.31MM.
Sacramento selected Bagley with the No. 2 overall pick in this year’s draft. During his lone season at Duke, the big man was just one of four freshmen in the nation to average a double-double with points and rebounds. He averaged 21.0 points, 11.1 boards, and 1.5 assists in 33.9 minutes per night at the collegiate level.
Bagley will help lead an inexperienced Kings’ roster this upcoming season. Including his deal, Sacramento has nine players under contract who are on their rookie contracts, a figure that leads the league. That total does not include Bogdan Bogdanovic, who’s on his first contract in the league, but not bound to a rookie scale.
12:50pm: The Knicks have an offer on the table for Hezonja, according to Marc Berman of The New York Post, who reports that the one-year deal would be worth a portion of the team’s mid-level exception. While Hezonja is considering the offer, he had been seeking a multiyear contract.
If Hezonja ultimately accepts the Knicks’ proposal, it would signal the end of Michael Beasley‘s time in New York, Berman adds.
8:25am: The Knicks appear to the early favorites to sign free agent forward Mario Hezonja, tweets ESPN’s Ian Begley.
Several league executives told Begley that Hezonja sees New York as his best option, However, the Knicks are only handing out one-year deals to preserve their 2019 cap space, so another organization could trump that with a longer offer. The Kings are among the teams with interest in Hezonja (Twitter link).
The Croation forward had a disappointing three years in Orlando after being the fifth player taken in the 2015 draft. However, he’s coming off his best season, averaging 9.6 points and 3.7 rebounds and starting 30 of the 75 games that he played.
Count the Hawks among those interested in Bulls guard Zach LaVine, Vincent Goodwill of NBC Sports Chicago tweets. They’ll join a handful of suitors that also includes the Kings, as we wrote about earlier this week.
Atlanta, like Sacramento, will have plenty of cap space to throw at the restricted free agent. A bidding war between clubs well short of the cap, coupled with the 23-year-old’s hypothetical ceiling, could drive the former slam dunk champion’s forthcoming contract through the roof.
While there are concerns about LaVine’s health following an ACL tear in early 2017, he remains a world-class athlete that averaged 18.9 points per game half-way through 2016/17 before succumbing to the injury.
LaVine performed admirably in just over a third of a season with the Bulls but Chicago may pause at the thought of matching a max or near-max contract offer sheet should either the Hawks or Kings decide to go that high.
It’s worth noting that Hawks general manager Travis Schlenk has been particularly conservative financially throughout his short tenure with the franchise. That said, the chance to net a potential All-Star young enough to build around may prove too much to resist.
Harry Giles is “on a mission” as he prepares for his first game action since being drafted by the Kings last year, relays James Ham of NBC Sports Bay Area. Giles will suit up for Sacramento’s summer league team, which begins play Monday in the California Classic.
“It’s game day!” Giles told the media after today’s mini-camp. “I remember this time last year, I said, ‘My time is coming.’ My time is now and I’ve got to go attack it.”
The Kings took a cautious approach with Giles, who suffered ACL tears in both knees while in high school. Team officials have marveled over Giles’ court vision and passing, Ham adds, and have been impressed by the intensity and physicality he has displayed in workouts. He is expected to have a significant role next season if he can remain healthy.
There’s more today from Sacramento:
- The Kings should resist the temptation to make an immediate splash in free agency, writes Jason Jones of The Sacramento Bee, who advises the team to save its money for 2019. The organization has about $17MM in cap space, and Jones states it should avoid a repeat of last year with the signing of veterans Zach Randolph, George Hill and Vince Carter. The Kings are rumored to have interest in Milwaukee’s Jabari Parker and Chicago’s Zach LaVine, but both are restricted free agents and would require more moves to balance the roster if they come to Sacramento. The Kings, who don’t have a first-round pick in next year’s draft, appear willing to take on a bad contract to acquire one.
- De’Aaron Fox will participate in the California Classic, but isn’t on the Kings’ roster for the Las Vegas Summer League, according to Jon Schultz of The Sacramento Bee.
- The Kings are hoping to increase their tempo next season, and Fox has been studying Chris Paul in an effort to get ready, Jones writes in a separate story. Speed was among Fox’s greatest attributes in college, but he rarely got to show it off during his rookie season on the league’s lowest scoring team. Fox has been watching film of Paul and has talked to Bobby Jackson and Peja Stojakovic, who both played with Paul early in his career. “Even at a young age, in his rookie year, he demanded [his teammates play fast],” Fox said. “He doesn’t just run by himself and nobody runs with him; he forces his teammates to do it with him, and that’s one thing I admire about him, he’s a true leader.”