Kings Rumors

Kings Waive Georgios Papagiannis

8:54pm: Now that the Kings’ three-team trade with the Cavs and Jazz is complete, Papagiannis’ release has been made official as well, the team confirmed in a press release.

4:03pm: After exploring the trade market and not finding a deal, the Kings intend to waive former lottery pick Georgios Papagiannis, according to Shams Charania of Yahoo Sports (Twitter link).

Papagiannis, a 7’1″ center, was selected by the Kings with the 13th overall pick in the 2016 draft after the team traded down from No. 8.  It was a surprising pick at the time, and Papagiannis’ play in his first season and a half in the NBA didn’t exactly vindicate Sacramento’s choice.

In 38 career contests, Papagiannis has averaged 4.2 PPG and 3.2 RPG. The big man appears to have taken a step back this season, having seen his FG% dip to just .415. Of course, the sample size is small — Papagiannis has averaged just 7.4 minutes per game in 16 contests.

Any team with interest in claiming Papagiannis off waivers would need cap room or an exception to absorb his $2,301,360 salary for this season. He also has a guaranteed $2,400,480 salary for 2018/19, with a $3,430,286 team option for 2019/20.

The Kings already parted with one 2016 first-round pick earlier today, agreeing to send Malachi Richardson to Toronto in a trade with the Raptors. Sacramento acquired Bruno Caboclo in that deal and was reportedly set to waive him to clear the room necessary to take on two players for George Hill in another trade. With Papagiannis now on his way out, it’s not clear if the Kings will still waive Caboclo too. (Update: They don’t plan to.)

Cavs Acquire Rodney Hood, George Hill In Three-Team Trade

7:57pm: The trade is official, according to press releases from the Jazz and Cavaliers. The terms of the deal are as follows:"<strong

1:41pm: ESPN’s Brian Windhorst adds more details on this complex three-team deal, tweeting that the Kings will receive $2.1MM from the Cavs and $1.1MM from the Jazz. Utah will have the option of swapping second-round picks in 2024 with the Cavs. Cleveland also acquired the draft rights to Arturas Gudaitis from the Kings and surrendered the draft rights to Dimitrios Agravanis.

12:03pm: A busy day in Cleveland continues, as the Cavaliers have agreed to acquire Rodney Hood from the Jazz in a three-team trade, according to ESPN’s Adrian Wojnarowski (Twitter links). The Cavs will also receive George Hill from Sacramento in the deal, with the Jazz acquiring Jae Crowder and Derrick Rose.

The Kings will get Joe Johnson and Iman Shumpert, per Woj (Twitter link). TNT’s David Aldridge tweets that Sacramento will also acquire a future draft pick and cash considerations, with Sam Amick of USA Today providing some details (via Twitter), reporting that the pick will be Miami’s 2020 second-rounder from Cleveland. The Kings will also get a little over $3MM in cash, Amick adds.

The move, which comes on the heels of the Cavs reaching a deal with the Lakers for Jordan Clarkson and Larry Nance Jr., further reshapes a Cleveland roster that will look a whole lot different by the end of the day than it did at the start of it.

By surrendering Crowder, Rose, and Shumpert in exchange for Hood and Hill, the Cavaliers will take on about $4MM in extra salary, and far more than that in projected tax payments. However, the cost of the deal may be worth it for the on-court impact, as Crowder, Rose, and Shumpert have all underperformed and/or battled injuries this season.

Hood will give the Cavs a young, perimeter scorer who has fought through some injuries of his own, but has enjoyed a career year when he’s been on the court. In 39 games, the 25-year-old has averaged 16.8 PPG on .424/.389/.876 shooting. As for Hill, the veteran point guard has struggled mightily in Sacramento this season, but has historically been a good shooter (.454/.384/.800 career shooting line) and a solid defender. His ability to play off the ball should make him a good fit to play alongside LeBron James.

Hood will be a restricted free agent this summer, while Hill remains under contract for two more years beyond this one. He’ll earn $19MM in 2018/19, and has a $18MM salary in 2019/20 that only features a very small partial guarantee.

From Utah’s perspective, the trade will allow them to get out from under Johnson’s $10.5MM salary — the veteran forward was viewed as a buyout candidate if he had remained on the roster through the deadline, and will likely remain a buyout candidate in Sacramento. The Jazz had to give up Hood as part of the deal, but he had been mentioned frequently in trade rumors in recent weeks and no longer appeared to be part of the club’s long-term plans.

In exchange, Utah will acquire Crowder, who has a reputation as a solid three-and-D wing on a team-friendly contract despite his struggles this season, and Rose, who may not be in the team’s plans. Shams Charania of Yahoo Sports tweets that the Jazz will likely release Rose.

As for the Kings, they’ll get out from under Hill’s expensive multiyear deal, acquiring Johnson’s expiring contract as well as Shumpert, who has a $10.3MM+ player option for next season. The deal creates nearly $9MM in 2018/19 cap flexibility for the Kings, and also nets them that aforementioned 2020 pick and some cash. Sacramento had committed to playing its young players over its veterans down the stretch this season, so Hill’s playing time had been sporadic.

Photo courtesy of USA Today Sports Images.

Warriors, Celtics Considered Favorites For Joe Johnson

The Warriors and Celtics will be the favorites to sign Joe Johnson if he receives a buyout from the Kings, tweets Chris Mannix of Yahoo Sports. Johnson, who was acquired from the Jazz in a three-team trade this afternoon, is expected to ask for a buyout and Mannix believes Sacramento will grant him one.

Johnson is making a little more than $10.5MM in the final season of a two-year contract. With about a third of the season remaining, it will be interesting to see how much money he is willing to give up to join a contender. This is a familiar position for Johnson, who agreed to a buyout with the Nets two years ago and signed with the Heat for a playoff run.

Either Boston or Golden State would have to open up room for the roster before signing Johnson. The Celtics are at 14 players right now, but are expected to sign free agent center Greg Monroe before tonight’s game.

Johnson missed part of the season with a wrist injury, but has averaged 7.3 points and 3.3 rebounds in 32 games. He offers both versatility and playoff experience and will receive plenty of offers once the buyout is complete.

Trade Deadline Rumors: Carroll, Kings, Lakers, C’s

The Nets and Pacers have considered a deal that would send DeMarre Carroll to Indiana in exchange for Al Jefferson, tweets Sam Amick of USA Today. The deal would be a way for Brooklyn to clear money for next season, as Carroll is owed $15.4MM, while Jefferson has a $10MM salary that’s only partially guaranteed.

Carroll, who was traded to the Nets over the summer, is averaging career highs in scoring (13.2), rebounds (6.4) and assists (1.9). Jefferson has settled into a reserve role since coming to Indiana two years ago and is averaging 6.7 points and 3.9 assists in 26 games.

There’s more to report as the trade deadline draws closer:

  • The Kings are willing to move second-year center Georgios Papagiannis if they need to open a roster spot to complete a larger trade, according to Kevin O’Connor of The Ringer (Twitter link). However, Sacramento has since agreed to trade Malachi Richardson in a deal that seems designed to open up a roster spot.
  • With Devin Booker and Tyler Ulis both battling injuries, the Suns may be interested in a minor deal for point guard help, tweets Scott Bordow of The Arizona Republic. Josh Gray is the only healthy option currently on the roster.
  • The Lakers appear to be done with major deals after acquiring Isaiah Thomas and Channing Frye from the Cavaliers, relays Bill Oram of the SoCalNewsGroup (Twitter link). Oram adds that a minor trade could still be in the works.
  • The Celtics remain engaged on several trade fronts, but continue to be reluctant to include a first-round pick in a deal, sources tell Chris Mannix of Yahoo Sports (Twitter link).
  • The Cavaliers weren’t able to gain any traction with the Hornets on a Kemba Walker trade before pulling the trigger on a series of separate deals, tweets Adrian Wojnarowski of ESPN. Hornets Michael Jordan places a high value on Walker and won’t move him cheaply, Woj adds. Jordan said in a recent interview that he wouldn’t part with Walker “for anything but an All-Star player.”

Luke Adams contributed to this post.

Trade Deadline Notes: Evans, Hill, Hood, Mavericks

One of the most important deadlines on the NBA calendar is less than 24 hours away, and teams are preparing their best offers as we head for 2:00pm Central. We’ll find out soon if any more franchise-altering moves are in store for this season, but in the meantime here are some Wednesday night trade rumors:

  • The Celtics remain in the running for Grizzlies guard Tyreke Evans, but there’s a sense that Memphis is getting better offers elsewhere, according to Steve Bulpett of The Boston Herald. A GM from another team tells Bulpett that Boston is waiting to swoop in if talks with those other clubs fall apart. Evans’ value figures to have increased after Lou Williams agreed to an extension with the Clippers today, taking one high-scoring guard off the market.
  • Multiple teams have shown interest in George Hill, but the Kings don’t want to take on bad contracts, reports Jason Jones of The Sacramento Bee. The Cavaliers have been the team most prominently linked to the veteran guard, but Jones says the Rockets and others have contacted Sacramento about Hill. Houston could match salaries with Ryan Anderson, but he is owed more than $41MM over the next two seasons and the Kings want to avoid cutting into their future cap space. They are seeking young players and draft picks in return for Hill.
  • Teams have also called the Kings about veterans Garrett Temple, Vince Carter and Kosta Koufos, Jones adds in the same story. Both Temple ($8MM) and Koufos ($8.74MM) have player options for next season, while the 41-year-old Carter is on an expiring deal.
  • Jazz swingman Rodney Hood told Shams Charania of The Vertical that he expects to be traded. “I’ve had great times in Utah, but regardless of where I’m playing, whether it’s there or somewhere else, I’m going to stay professional,” Hood said. “I’m going to stick with it. My gut feeling is that I won’t be here by the deadline. I’ve enjoyed my time here, but I’ve felt isolated the past month and I would not be surprised if I was moved.” 
  • The Mavericks are being offered players by teams trying to unload salary, but they aren’t getting enough incentives to make the deals worthwhile, according to Eddie Sefko of The Dallas Morning News. Sefko lists Jordan Clarkson and Julius Randle of the Lakers and J.R. Smith of the Cavaliers as players who would be available if Dallas doesn’t mind committing the cap space.
  • The Knicks may be in the market for more deals after sending Willy Hernangomez to the Hornets, writes Adam Zagoria of SNY.tv. Kyle O’Quinn and Courtney Lee are the most likely players to be moved.

Trade Rumors: Chriss, Knicks, Belinelli, Hood

Over at USA Today, Sam Amick and Jeff Zillgitt broke down trade deadline goals for each of the NBA’s 30 teams. While the duo’s round-up mentioned several players already known to be trade candidates, Amick and Zillgitt also identified a few new names.

Kings center Georgios Papagiannis, Timberwolves guard Jamal Crawford, and Nuggets big man Darrell Arthur are among the players who could be available this week, per Amick and Zillgitt. The duo also suggested that a handful of teams are open for business on nearly all of their players. The Hawks are willing to discuss anyone except John Collins; the Mavericks would talk about anyone besides Dirk Nowitzki, Dennis Smith Jr., and Harrison Barnes; and the only players off the table for the Thunder are Russell Westbrook, Paul George, Carmelo Anthony, and Steven Adams.

Here are a few more trade rumors from around the NBA:

  • The Suns appear to be exploring deals involving second-year big man Marquese Chriss, according to Steve Kyler of Basketball Insiders, who tweets that the Lakers are one of a few teams involved. However, John Gambadoro of Arizona Sports 98.7, who is well-connected in Phoenix, tweets that those rumors are “totally false,” suggesting that the club hasn’t discussed deals involving Chriss. Scott Bordow of The Arizona Republic also gets involved, tweeting that the Suns would only consider parting with Chriss in a deal for an established player like Kemba Walker.
  • Having sending Willy Hernangomez to Charlotte, the Knicks continue to take calls about Kyle O’Quinn and Courtney Lee, and are still trying to trade Joakim Noah, says ESPN’s Ian Begley.
  • The Jazz aren’t one of the teams in the mix for veteran guard Marco Belinelli, tweets Tony Jones of The Salt Lake Tribune. According to Michael Cunningham of The Atlanta Journal-Constitution (Twitter link), Belinelli isn’t making the trip to Orlando with the Hawks, as the team continues to mull its trade options.
  • As many as 15 teams have called the Jazz to inquire about trade candidate Rodney Hood, tweets Tony Jones.
  • In an in-depth look at where things stand for the Kings, James Ham of NBC Sports California says the club doesn’t want to take on a bad contract that runs past 2018/19 or impact its young core led by De’Aaron Fox and Bogdan Bogdanovic.

Forbes Releases 2018 NBA Franchise Valuations

The Knicks are still reeling from Tuesday’s news that Kristaps Porzingis has suffered a torn ACL and will be sidelined for the rest of the season. While Porzingis’ injury essentially eliminates the Knicks from the playoff race in the East, team ownership can at least find some solace in the fact that the organization remains the highest-valued franchise in the NBA, according to a report from Kurt Badenhausen of Forbes.

For the first time, all 30 NBA teams have a perceived worth of $1 billion or more, per Forbes’ annual report. In 2017, 18 teams had a valuation exceeding $1 billion, which was up from 13 teams in 2016 and just three teams in 2015.

The league-wide average of $1.65 billion per team is also a record, with franchise valuations up 22% in total over last year’s figures. NBA franchise values have tripled over the last five years, according to Badenhausen.

Here’s the full list of NBA franchise valuations, per Forbes:

  1. New York Knicks: $3.6 billion
  2. Los Angeles Lakers: $3.3 billion
  3. Golden State Warriors: $3.1 billion
  4. Chicago Bulls: $2.6 billion
  5. Boston Celtics: $2.5 billion
  6. Brooklyn Nets: $2.3 billion
  7. Houston Rockets: $2.2 billion
  8. Los Angeles Clippers: $2.15 billion
  9. Dallas Mavericks: $1.9 billion
  10. Miami Heat: $1.7 billion
  11. San Antonio Spurs: $1.55 billion
  12. Toronto Raptors: $1.4 billion
  13. Sacramento Kings: $1.375 billion
  14. Washington Wizards: $1.35 billion
  15. Cleveland Cavaliers: $1.325 billion
  16. Portland Trail Blazers: $1.3 billion
  17. Phoenix Suns: $1.28 billion
  18. Oklahoma City Thunder: $1.25 billion
  19. Orlando Magic: $1.225 billion
  20. Utah Jazz: $1.2 billion
  21. Philadelphia 76ers: $1.18 billion
  22. Indiana Pacers: $1.175 billion
  23. Atlanta Hawks: $1.15 billion
  24. Denver Nuggets: $1.125 billion
  25. Detroit Pistons: $1.1 billion
  26. Milwaukee Bucks: $1.075 billion
  27. Minnesota Timberwolves: $1.06 billion
  28. Charlotte Hornets: $1.05 billion
  29. Memphis Grizzlies: $1.025 billion
  30. New Orleans Pelicans: $1 billion

For comparison’s sake, Forbes’ 2017 valuations can be found right here.

Mannix’s Latest: G. Hill, Hornets, Hawks, Suns

The Cavaliers continue to engage the Kings about a possible George Hill trade, sources tell Chris Mannix of Yahoo Sports. However, the Cavs would like to include both J.R. Smith and Iman Shumpert in their package for Hill, and taking on multiple expensive non-expiring contracts doesn’t appeal to Sacramento. Meanwhile, the Kings are quietly looking to get a third team involved in a potential deal, according to Mannix.

Mannix’s latest trade rumor roundup features several more tidbits of interest related to Thursday’s deadline, so we’ll pass along the highlights…

  • The future of GM Rich Cho in Charlotte is uncertain, which may complicate the Hornets‘ deadline plans. According to Mannix, there are rumblings about former Lakers GM Mitch Kupchak being a candidate to join the Hornets’ front office in the offseason. Gery Woelfel of The Racine Journal Times wrote last week that Kupchak is considered likely to be hired by an Eastern Conference team this summer.
  • Some teams with interest in Marcus Smart view the Celtics‘ asking price of a first-round pick as “unrealistic,” says Mannix.
  • The Hawks have made “everyone” available, and while much has been written about the club’s veteran trade candidates, second-year swingman Taurean Prince is another player who has drawn interest, according to Mannix.
  • The Magic have shopped Mario Hezonja “hard” in recent days, per Mannix.
  • According to Mannix, the Suns are willing to move veterans like Tyson Chandler and Jared Dudley. Neither player’s contract is particularly team-friendly though, so it may be tough for Phoenix to find any value.
  • The Clippers say they’re okay with holding onto DeAndre Jordan and Lou Williams through the deadline, but rival clubs are skeptical, says Mannix.

Mason Won't Return Before All-Star Break

  • Kings point guard Frank Mason will not play until after the All-Star break, Jason Jones of the Sacramento Bee reports. The rookie out of Kansas suffered a heel injury on December 31st. Mason, chosen with the 34th overall pick last June, has appeared in 29 games, averaging 7.6 PPG and 2.9 APG.
  • The Kings were close to dealing point guard George Hill to the Cavaliers but they won’t mind if he’s still on the roster beyond the trade deadline, Jones writes in a separate piece. Sacramento would have received Channing Frye and Iman Shumpert, and perhaps Derrick Rose, in return. The Kings would have to clear roster space to make that deal but their primary goals must be collecting picks, acquiring young talent and retaining financial flexibility, Jones continues. Hill has also endeared himself to the front office and the team’s young core despite losing his starting job, Jones adds.

Woj/Lowe On Blazers, Jordan, Cavs, Hornets

With the February 8 trade deadline right around the corner, ESPN’s Adrian Wojnarowski appeared this morning on Zach Lowe’s Lowe Post podcast to address some rumors and discuss some trade possibilities for teams around the NBA. While Wojnarowski and Lowe didn’t drop any bombshells during their hour-long conversation, the duo did share several items of note, so let’s dive in and round up some highlights…

  • Although the Trail Blazers had interest in Clippers center DeAndre Jordan, Wojnarowski hears that Portland has “backed away” as of late. According to Woj, it’s “entirely possible” that Jordan won’t get traded at all this week — the Clips may prefer to simply let him walk in free agency rather than taking on a bad contract or two in order to get a late first-round pick back in a trade.
  • Wojnarowski and Lowe discussed Brooklyn’s 2018 first-round pick at length, exploring what sort of deal would entice the Cavaliers to surrender that first-rounder. The duo agreed that Cleveland wouldn’t offer it to the Clippers for Jordan. In Woj’s view, it would take a Paul George-type veteran or a young star on a rookie contract to get the Cavs to part with that pick, but that sort of player isn’t really available.
  • The Cavaliers and Hornets have “definitely talked,” with those conversations presumed to have focused on Kemba Walker. That doesn’t mean that any deal is likely though, as virtually every team with any sort of need at point guard has checked in with the Hornets about Walker, per Wojnarowski.
  • Despite ongoing speculation that they’ll need to break up their star backcourt at some point, the Trail Blazers have “summarily rejected” any inquiries on Damian Lillard and/or C.J. McCollum, says Lowe. Maurice Harkless is a more realistic trade candidate in Portland, according to Wojnarowski, who says the Kings are one team that has had interest in Harkless in the past.
  • While the Nets aren’t necessarily looking to trade Spencer Dinwiddie, they’d have to consider it if they could get a first-round pick, according to Lowe. Woj agreed with that assessment.