Kings Rumors

Woj’s Latest: Cavaliers, Clippers, Kings, Jazz

In his latest piece for ESPN.com, Adrian Wojnarowski goes into extensive detail on the deadline deals completed last week by the Cavaliers, and offers some fascinating tidbits on how those trades got done, and one potential blockbuster that didn’t get done. Let’s dive in and round up the highlights…

  • Before making his series of trades, Cavaliers GM Koby Altman got an elusive face-to-face sitdown with LeBron James to let his star player know what he was working on. Altman later met with LeBron again to tell him that the trades for Jordan Clarkson, Larry Nance, George Hill, and Rodney Hood were complete, and to ask for his blessing on the deal that sent Dwyane Wade to Miami, says Wojnarowski.
  • Altman had received ownership approval to trade Jae Crowder, Channing Frye, Iman Shumpert, and the Cavs’ own 2018 first-round pick to the Clippers for DeAndre Jordan, according to Wojnarowski. Los Angeles was on board with the deal, but wanted to find a third team to take Shumpert and to give the Clips a center, since they didn’t want another shooting guard. Altman and Clippers GM Michael Winger weren’t able to find that third team, and since L.A. was unwilling to take on Shumpert (or Tristan Thompson or J.R. Smith) and the Cavs had some reservations about extending Jordan’s contract in the offseason, the deal ultimately fell through.
  • The three-way trade between the Cavaliers, Kings, and Jazz nearly fell apart on deadline day when Sacramento insisted that Georgios Papagiannis be included in the deal. According to Woj, Cleveland and Utah were “adamant” that Papagiannis had never been discussed, but Kings assistant GM Brandon Williams insists that his notes confirm that either Papagiannis or Malachi Richardson would be included.
  • As an aside, Wojnarowski writes that Williams was handling negotiations because GM Vlade Divac “seldom gets on the phone for the trade-building parts,” even though any Kings trade requires his approval, along with the approval of owner Vivek Ranadive.
  • The Cavaliers were very much against Papagiannis’ inclusion in the trade, since taking on his $2.3MM cap hit would have cost the club significantly more than that in tax payments. Utah also had no interest in acquiring the former lottery pick, with Wojnarowski suggesting that Jazz GM Dennis Lindsey was “livid” about the insertion of Papagiannis and was ready to call off the trade. As for the Kings, they were hoping to move 2016’s 13th overall pick to avoid the embarrassment of waiving him themselves, says Woj.
  • Eventually, Altman was able to work out a solution and talked Lindsey into it, per Wojnarowski. Papagiannis’ rest-of-season salary for this year and his guaranteed salary for 2018/19 totaled $3.2MM, and the Cavaliers were willing to pay that amount to Sacramento, but Cleveland was limited to sending out $2.1MM for the rest of this league year. Altman convinced the Jazz to send the Kings the remaining $1.1MM, with Lindsey getting a little something out of the deal: the ability to swap 2024 second-round picks with the Cavs. The Kings, having been compensated for Papagiannis’ remaining salary, simply waived him rather than insisting he be a part of the trade.

NBA Teams With Open Roster Spots

Now that the dust has settled on last Thursday’s trade-deadline deals and the first round of veteran buyouts and cuts has been completed, it’s worth taking stock of which NBA teams have the flexibility to add a player or two without waivers anyone else.

With the help of our roster counts page, which we update all season, here are the NBA teams with open spots on their 15-man rosters. Open two-way contract slots aren’t included here, since teams are ineligible to sign new two-way contracts at this point in the season.

Teams with a player on a 10-day contract filling their open spot:

  • Phoenix Suns
  • Utah Jazz

Both the Suns and Jazz have 14 players on fully guaranteed NBA contracts, leaving one potential opening. For now, Josh Gray is filling that 15th spot in Phoenix and Naz Mitrou-Long is doing the same in Utah. However, they’re only on 10-day contracts, so both of these teams could soon create an open spot if necessary.

Teams with one open spot:

  • Charlotte Hornets
  • Chicago Bulls
  • Dallas Mavericks
  • Indiana Pacers
  • Los Angeles Clippers
  • Los Angeles Lakers
  • Memphis Grizzlies
  • Minnesota Timberwolves
  • New Orleans Pelicans
  • New York Knicks
  • Oklahoma City Thunder
  • Orlando Magic
  • Sacramento Kings
  • Toronto Raptors

The teams listed above represent a mix of playoff-bound squads and rebuilding non-contenders. Teams like the Bulls, Mavericks, and Knicks could use their open roster spots to take fliers on young players via 10-day contracts, while clubs like the Timberwolves, Thunder, and Raptors may be eyeing the buyout market for veterans who could fortify their respective benches.

Teams with two open spots:

  • Atlanta Hawks
  • Cleveland Cavaliers
  • Portland Trail Blazers
  • Washington Wizards

NBA rules generally prohibit teams from carrying fewer than 14 players on their 15-man squads. However, clubs are permitted to dip to 13 – or even 12 – in special circumstances, as long as they get back up to 14 within two weeks. Roster moves made last week by the Hawks, Cavaliers, Trail Blazers, and Wizards left them below the limit, so they’ll each have to add at least one player by the end of the All-Star break.

Note: Roster info current as of Tuesday, February 13 at 2:00pm CT.

Kings Eyeing Summer 2019 To Make Splash

  • The Kings are in a good cap space situation, but the team’s vision is gearing toward the summer of 2019, James Ham of NBC Sports writes. That summer, the Kings will be rid of all veteran contract commitments and will be in prime position to strike in the market.

Buyout Details For Belinelli, Johnson, Wright

Several veteran players have been waived by their respective teams since Thursday’s trade deadline, with guard Marco Belinelli, forward Joe Johnson, and big man Brandan Wright receiving buyouts. As those vets prepare to sign with new teams, ESPN’s Adrian Wojnarowski (Twitter link) passes along details on how much money they gave back to their old clubs.

According to Wojnarowski, Belinelli gave up $300K to get out of his deal with the Hawks, Johnson surrendered $1MM in his buyout agreement with the Kings, and Wright gave up $776K to the Grizzlies.

[RELATED: 2017/18 Buyout Market Summary]

As Woj observes in his tweet, a player who agrees to buy out typically does so knowing that he’ll earn back most or all of his lost salary once he signs a new deal. With that in mind, it’s worth noting that Wright’s buyout amount doesn’t appear to be arbitrary — if he signs a minimum salary deal with the Rockets today, Wright will earn approximately $776K for the rest of the season with Houston.

Since Belinelli, like Wright, has at least 10 years of NBA experience too, his minimum salary deal would also be worth about $776K if completed today. Those two contracts would count for only about $490K against the cap. As for Johnson, if he signs with Houston on Tuesday, he’d earn about $763K on a minimum salary deal, with a cap hit of approximately $482K.

Johnson, whose salary had been $10.5MM+ before his buyout, apparently agreed to give up a little more salary than he’ll earn the rest of the way with the Rockets. But that trade-off is certainly worth it, since he’ll make the move from the NBA’s worst team to the club with perhaps the best shot at knocking off the defending-champion Warriors.

As for Belinelli, his relatively modest buyout signals that the Hawks were ready to move on from the veteran and hand his minutes over to younger players. He’ll come out ahead financially after signing with the Sixers.

Joe Johnson Reaches Buyout With Kings, Will Sign With Rockets

FEBRUARY 11, 5:34pm: The Kings have officially waived Johnson, the team announced on its website. Since the transaction was finalized today, Johnson will clear waivers on Tuesday.

FEBRUARY 10, 10:17am: Veteran Joe Johnson is expected to sign with the Rockets now that his buyout with the Kings has been finalized, ESPN’s Adrian Wojnarowski reports. Johnson will clear waivers on Monday and be free to sign with Houston immediately.

Johnson, 36, was traded to the Kings on Thursday as part of a three-team deal that included the Cavaliers and Jazz. Once it became clear that Sacramento would likely buyout Johnson, early reports named the Celtics and Warriors as favorites for his services.

Johnson is in the second year of the two-year, $22MM deal he inked with Utah before the start of the 2016/17 season. The seven-time All-Star has been a starter for most of his 17-year NBA career but shifted into a reserve role with the Jazz last season. Johnson missed part of the season with a wrist injury but has averaged 7.3 PPG and 3.3 RPG in 32 games.

“Iso Joe” joins a Rockets team that is just half a game behind the Warriors for the best record in the Western Conference. The Rockets are also expected to sign 11-year veteran Brandan Wright, giving the team’s bench two scoring additions. Houston will have to waive a player, as the team has 14 players signed to guaranteed deals before the additions of Wright and Johnson, tweets ESPN’s Bobby Marks.

Pacific Notes: Payton, Papagiannis, Green, Suns

Elfrid Payton‘s stint with the Magic ended on Thursday and by Saturday, he was putting up a solid performance in his Suns debut. The former lottery pick posted 19 points, 9 assists and 6 rebounds in the Suns’ 123-113 loss to the Nuggets. Payton’s performance drew rave reviews from his teammates and coaches, NBA.com’s Cody Cunningham writes.

“I thought he was good,” Suns head coach Jay Triano said. “It was different, the pace of play was better, getting the ball up and down the court, getting into the lane when he needed to, and making passes. He made the guys on the floor with him better.”

Payton, 23, has been viewed a disappointment through his first four NBA seasons after being the 10th overall pick in the 2014 NBA Draft. However, given his age and upside, Payton drew interest from several teams prior to the deadline.

Check out other Pacific Division notes:

  • The agent of now-former Kings center Georgios PapagiannisMarios Olympios, was critical of the team’s decision to waive the 20-year-old, Aris Barkas of Euro Hoops writes. “He (Papagiannis) never got a chance by the Kings,” Olympios said on the Greek radio station Sport FM, Barkas writes. “He had a double-double every time he played in the G-League. He had to travel for two and a half hour everytime he was assigned to Reno and still he performed. There are many details that prove that he never got a real chance”.
  • Warriors forward Draymond Green was fined $50,000 for directing inappropriate and offensive language toward a game official, the NBA announced on its website. The incident occurred during the Warriors’ loss to the Thunder this past Tuesday.
  • The Suns received $1.5MM back in the buyout of new Celtics center Greg Monroe, tweets salary cap expert Albert Nahmad.
  • After a blockbuster trade with the Cavaliers on Thursday, the Lakers freed up a ton of cap space that could be used to lure two premiere free agents to Los Angeles this summer. Mark Heisler of the Orange County Register writes that the organization’s moves have put it in position to be relevant again.

2017/18 Buyout Market Summary

With the trade deadline in the rearview mirror, much attention is being paid to what is expected to be several weeks of busy buyout market activity. The last day that a player can be waived from their current team and still be eligible to play in the postseason with a new team is March 1.

Below are a series of lists breaking down the veterans who have already been bought out – or simply waived – by their respective teams since the trade deadline, along with those who are expected to be, and several more who really ought to be considered possible buyout candidates even if no reports have come out explicitly stating as much.

As the weeks unfold, we may see new names surface as buyout candidates, in such cases (and whenever a player is formally bought out) we’ll update the list.

Potential buyout candidates:

Expected to be bought out or released:

  • None

Veterans who have been bought out or released:

Windhorst/Lowe On Cavs, Clips, Dinwiddie, Hood

The Cavaliers had an eventful trade deadline, trading away six players and taking back four new ones in three Thursday trades. However, it sounds as if the team was somewhat close to making an even bigger splash. Appearing today on Zach Lowe’s Lowe Post podcast, ESPN’s Brian Windhorst said that there were people around the NBA who believed on Thursday morning that the Cavs and Clippers were gaining traction on a DeAndre Jordan deal.

“The reason people thought that was because there were other teams that were engaged in trade talks with pieces that would have spun off from that trade,” Windhorst explained. “So it got to the point where the Cavs and Clippers felt like they were close enough to some sort of agreement with each other that they could begin looking to bring in third teams and that’s why I know about it.”

According to Lowe, who says that the Cavaliers were never willing to send the Nets’ 2018 first-rounder to the Clippers in exchange for Jordan, talks between Clevleand and L.A. never got into “the red zone.” Still, Windhorst says that the two teams got at least “some distance down the road” before the Cavs opted to make other deals and the Clippers decided to keep Jordan.

Here’s more from Windhorst and Lowe:

  • The Nets were asking for “a lot” in return for Spencer Dinwiddie, according to Lowe, who says the Cavaliers explored a trade for Dinwiddie that involved Cleveland’s own 2018 first-rounder. Such a deal would have had the added benefit of improving the value of Brooklyn’s first-rounder for the Cavs, the Nets’ asking price was too high for Cleveland.
  • According to Lowe, Avery Bradley‘s asking price for his upcoming free agency is “gargantuan.” Lowe expects the Clippers guard to have to recalibrate his expectations at some point.
  • Lowe doesn’t think Rodney Hood‘s deal in restricted free agency this summer will be exorbitant, speculating that the Cavaliers might be able to lock him up for something in the neighborhood of $10-12MM per year.
  • Windhorst, who said last week that the Cavaliers had explored whether George Hill would be open to a buyout next year if they were to acquire him, clarified some details on that report. Since Hill was believed to be “miserable” with the Kings, per Windhorst, the Cavs looked into whether he’d be willing to reduce the guarantee on his $19MM salary for 2018/19 in order to facilitate a trade. That didn’t end up happening though.
  • Windhorst and Lowe said today there has been a lot of chatter around the NBA about the Grizzlies‘ approach to the deadline. For about 36 to 48 hours, Memphis was giving the teams the impression that they were on the verge of moving Tyreke Evans, presumably in an effort to get clubs to increase their offers, according to Lowe, who says the Grizzlies may have “out-thought themselves.”

Kings Willing To Buy Out Johnson, Prefer To Keep Carter

Joe Johnson, acquired from the Jazz by the Kings in one of Thursday’s three-team trades, will “definitely” get a buyout if he wants one from Sacramento, tweets Marc Stein of The New York Times. However, according to Stein, the Kings would love to hang onto another veteran – Vince Carter – for the rest of the season.

There’s a sense that the Kings would be open to working with Carter on a buyout if an intriguing landing spot surfaces for him in the weeks leading up to March 1, Stein reports (via Twitter). Still, Sacramento is hoping that he elects to stick around and act as a veteran mentor to the team’s young core.

Carter is on a one-year, $8MM deal with the Kings, and has played a limited role for the club this season. In 34 games, the 41-year-old has averaged 5.0 PPG and 2.1 RPG with a shooting line of .385/.367/.667 in 16.6 minutes per contest. His locker room presence has been important though, as the Kings’ in-season goals have transitioned — the club initially hoped to compete for a playoff spot, but now is focused on developing young players.

If the Kings were to grant Carter a buyout, one scenario could involve a return to his old team in Toronto. Multiple sources tell Michael Grange of Sportsnet.ca that the Raptors front office has internally discussed the possibility of signing Carter if he reaches free agency, though he’s just one of several possible targets Toronto is keeping an eye on, Grange notes.

As for Johnson, we heard shortly after Thursday’s trade that he was expected to seek a buyout from the Kings, and that Sacramento was expected to be amenable to one. The Warriors and Celtics were mentioned as a pair of early frontrunners for the veteran forward, with the Thunder cited as a potential suitor too, per Kelly Iko of ESPN 97.5 Houston (Twitter link). The Rockets would also have interest in Johnson, according to David Aldridge of TNT (Twitter link).

There’s no deadline for teams to finalize buyouts with players, but they have to happen by March 1 in order for those players to retain their postseason eligibility. Players waived after March 1 can’t participate in the playoffs if they sign with a new team.

Kings, Raptors Swap Malachi Richardson, Bruno Caboclo

9:29pm: The Kings have officially acquired Caboclo for Richardson, the team announced in a press release.

4:51pm: The Kings have changed course and will now keep Caboclo on their roster, tweets Sean Cunningham of ABC 10 Sacramento. The Kings are waiving Georgios Papagiannis to clear the roster spot necessary for their other trade.

1:04pm: The Kings plan to release Caboclo once the trade is complete, tweets Jason Jones of The Sacramento Bee.

Sacramento will still owe him the rest of his $2.45MM salary for this season, but the Kings need to open a roster spot to complete a deal with Cleveland and Utah that brings in Iman Shumpert and Joe Johnson while sending out George Hill. Sacramento also gets rid of the nearly $1.6MM Richardson is owed next season, along with future options on his rookie contract.

12:32pm: The Raptors and Kings are finalizing a deal to swap Bruno Caboclo for Malachi Richardson, tweets Shams Charania of Yahoo Sports.

A first-round pick in 2016, Richardson has been somewhat of a disappointment in Sacramento after being acquired in a draft-night trade. He has played just 47 games in a season and a half and is averaging 3.5 points while shooting .365 from the field and .299 from 3-point range.

Toronto also had high hopes for Caboclo when it made him the 20th pick in the 2014 draft, but he has spent almost his entire career in the G League. He has played just 25 games at the NBA level, including two this season.

The Raptors save close $1MM in the deal, which was made to provide more flexibility in the buyout market, tweets Josh Lewenberg of TSN.