Kings Rumors

Pacers, Nets, Others Interested In Kelly Olynyk

The Pacers, Nets, Kings, and Jazz are among the teams “coming on strong” for Kelly Olynyk, according to Sam Amick of USA Today, who reports (via Twitter)

Gordon Hayward‘s decision on Tuesday likely helped jump-start the market for several other free agents, but none were impacted as directly as Olynyk. In order to help create cap room for Hayward’s maximum salary contract, the Celtics withdrew Olynyk’s qualifying offer, making him an unrestricted free agent rather than an RFA.

Olynyk is now eligible to sign outright with a new team, which has created significant interest around the league. The Pacers, Nets, Kings, and Jazz all have cap room left over, and would each likely be able to offer more than the mid-level exception, though Brooklyn may want resolution on Otto Porter‘s offer sheet first, and Indiana is trying to shed some salary, per Amick.

Olynyk, 26, appeared in 75 regular season games for the Celtics last season, averaging 9.0 PPG and 4.8 RPG and once again showed off an ability to make an outside shot (.368 career 3PT%). His most memorable performance in Boston came in Game 7 of the Eastern Conference semifinals against the Wizards, when he helped the C’s seal the series with a 26-point outburst.

C.J. Miles Drawing Interest From Heat, Hawks, Others

Veteran swingman C.J. Miles is receiving interest from a handful of teams, according to Darren Wolfson of 5 Eyewitness News, who reports (via Twitter) that the Heat, Hawks, and Kings are among the teams in the mix. The Timberwolves also maintain interest in Miles, but don’t currently have the cap flexibility to make a competitive offer, Wolfson notes.

Miles, 30, hits the free agent market this summer after one of the strongest seasons of his career. In 76 games (29 starts) for the Pacers, the 6’6″ sharpshooter averaged 10.7 PPG and 3.0 RPG, converting a career-best 41.3% of his three-point attempts.

The Heat, Hawks, and Kings all have cap room left over, though Miami has a number of balls up in the air as the club waits for Gordon Hayward‘s decision. As for the Wolves, their commitments to Jeff Teague and Taj Gibson have eaten up virtually all of their cap space, so the most they could offer Miles – without moving salary or working out a sign-and-trade – would likely be the $4.3MM room exception.

Miles is expected to take free agent visits soon, according to Wolfson.

Southeast Notes: Porter, Bogdanovic, Isaac, Bosh

The Kings’ decision to use a major part of their cap space on George Hill and Zach Randolph leaves the Nets as the most significant threat for Wizards RFA Otto Porter, tweets David Aldridge of TNT. Porter met with the Kings on Sunday and reportedly received a max offer, but didn’t sign it, wanting to talk to other teams first. Sacramento’s moves today means it no longer has room for a max deal unless it unloads some other salary. The Wizards can match any offer sheet that Porter brings to them, and have stated that they plan to do so.

There’s more from the Southeast Division:

  • The Wizards plan to explore sign-and-trade options for Bojan Bogdanovic, according to J. Michael of CSNMidAtlantic. Bogdanovic appears to be on the way out after this week’s deals with Jodie Meeks and Mike Scott, but Washington won’t revoke his $4.7MM qualifying offer, hoping to deal him and create a traded player exception. Bogdanovic is reportedly seeking about $16MM per year, which seems unrealistic. Michael notes that the Wizards have made use of TPEs in the recent years, picking up Jared Dudley, Kris Humphries and Tim Frazier.
  • The Magic will hold first-round pick Jonathan Isaac out of the final two games of the Orlando Pro Summer League after he suffered a hip strain Monday, relays John Denton of NBA.com. Tests didn’t reveal any structural damage and the injury isn’t considered serious, but the Magic are keeping him sidelined as a precaution.
  • In a move to free up cap space, the Magic have reached an agreement with 2005 first-rounder Fran Vazquez that he won’t play in the NBA this season, tweets Keith Smith of Real GM. Orlando still owns the rights for the 34-year-old, and the move takes away his cap hold for the upcoming season.
  • The Heat are expected to end their seven-year relationship with Chris Bosh this week, according to Barry Jackson of The Miami Herald. Miami will erase Bosh’s $52.1MM from its cap under a medical retirement in the wake of recurring blood clots. Bosh must be given 48 hours to clear waivers before the move becomes official, and it will push the Heat’s cap space from $9MM to more than $34MM this year.

Kings Didn't Try To Keep Collison

Free Agent Rumors: Rose, Hayward, Randolph, Bogut

Free agent point guard Derrick Rose wants to play for the Bucks, a source close to Rose told Gery Woelfel of the Racine Journal Times (Twitter link). Milwaukee will have to shed salary to make it happen. The team is over the salary cap and can only offer the $8.4MM mid-level exception unless it moves a big contract or two. Rose met with the Bucks on Monday.  The Knicks are interested in bringing back Rose but it’s possible that New York could do a sign-and-trade with the Bucks.

In other free agent developments:

  • Gordon Hayward will “sleep on” it before deciding which team he’ll sign with, Sam Amick of USA Today tweets. The highly-coveted Jazz small forward met with Utah for 3 1/2 hours on Monday after meeting with the Heat on Saturday and the Celtics on Sunday.
  • The Kings don’t have much hope of signing veteran power forward Zach Randolph, sources informed Jason Jones of the Sacramento Bee (Twitter link). The Cavaliers have a strong interest in Randolph, though he may have to leave money on the table to play for the three-time defending Eastern Conference champions.
  • Andrew Bogut and his agent will talk to more than 10 teams as he seeks to come back from a fractured tibia, Steve Aschburner of NBA.com reports. Bogut suffered the injury in his Cavaliers debut on March 6. He did not require surgery and Bogut shed his cast a few weeks ago, Aschburner continues. The veteran center expects to begin full basketball workouts within the next three weeks, Aschburner adds.

Pacers Sign Darren Collison

JULY 7: The Pacers have formally announced the signing of Collison.

“Having had Darren here in the past, we obviously knew what we were getting, both on the floor and in the locker room,” Pacers president Kevin Pritchard said in a statement. “When you bring in a player like Darren, you know you’re not only getting a point guard, you’re adding a veteran presence to your team.”

JULY 3: Point guard Darren Collison has agreed in principle on a two-year, $20MM contract with the Pacers, Adrian Wojnarowski of ESPN tweets. Collison averaged 13.2 PPG and 4.6 APG in 68 games, including 63 starts, with the Kings last season.Darren Collison vertical

The second year is partially guaranteed, Sam Amick of USA Today tweets. The agreement leaves the Pacers with approximately $13MM in cap space, Zach Lowe of ESPN tweets.

This is Collison’s second stint with Indiana. He was their starting point guard during the 2010/11 and 2011/12 seasons.

Indiana had a big hole to fill at that spot after Jeff Teague reached a three-year, $57MM agreement with the Timberwolves. They also have combo guards Monta Ellis and Victor Oladipo, who will be coming over from the Thunder in the Paul George deal.

The Knicks reached out to Collison but their interest was apparently lukewarm at best.

Collison served an eight-game suspension at the start of last season after a domestic battery incident. He has appeared in 563 career games, averaging 12.7 PPG and 4.8 APG while shooting 38% from long range.

The addition of Collison appears to be a stopgap move for a rebuilding Pacers club in the aftermath of trading their best player.

Photo courtesy of USA Today Sports Images.

Vince Carter To Meet With Kings

Free agent swingman Vince Carter is scheduled to take a meeting with the Kings on Monday, league sources tell Chris Haynes of ESPN.com (Twitter link).

Carter, an eight-time All-Star, will turn 41 in January, but has shown no desire to call it a career quite yet. The 19-year veteran actually took on a larger role in Memphis in 2016/17 than he had in the previous two seasons, averaging 24.6 MPG in 73 regular season contests. For the year, Carter averaged 8.0 PPG, 3.1 RPG, and 1.8 APG, shooting 37.8% from three-point range.

Given how their Western Conference rivals have loaded up this offseason, the Kings probably shouldn’t expect to be in playoff contention in 2017/18. However, the team could use a veteran presence like Carter to stabilize what figures to be a very young roster, headed by the likes of De’Aaron Fox, Buddy Hield, Bogdan Bogdanovic, Willie Cauley-Stein, Justin Jackson, and Georgios Papagiannis.

The Kings also have no shortage of cap room to make Carter a solid contract offer. Even if Otto Porter were to accept the team’s reported max offer and the Wizards decided not to match it, Sacramento would still have plenty of cap space available. Still, it remains to be seen how interested Carter will be in spending the twilight years of his career with a probable non-contender.

Western FA Notes: Muhammad, Holiday, Young

A theme is developing in Minnesota as head coach Tom Thibodeau slowly molds the young Timberwolves into a modern day version of his old team. Consider Justin Holiday the latest former Bulls rotation piece that the T-Wolves have expressed an interest in, Michael Scotto of Basketball Insiders writes.

Holiday would join Jimmy Butler and Taj Gibson with the Wolves, should the organization seek to sign the 28-year-old 3-and-D specialist.

The Bulls and Knicks, the team with whom Holiday averaged 7.7 points per game for in 2016/17, are both said to be interested in retaining the swingman’s services.

There’s more today as free agency rolls along:

  • The Timberwolves will likely have to renounce Shabazz Muhammad in the wake of today’s two-year, $28MM agreement with Taj Gibson, tweets Darren Wolfson of 5 Eyewitness News. He adds that Muhammad’s representatives have been notifying teams that he is now an unrestricted free agent (Twitter link).
  • Nick Young has emerged as a candidate for the Warriors‘ $5.2MM exception, sources tell Adrian Wojnarowski of ESPN.com (Twitter link). The Pelicans can offer more playing time and a larger role in the offense, notes David Aldridge of TNT (Twitter link), but Young may opt for the chance for a ring.
  • Gordon Hayward will meet with Jazz officials in San Diego, not Utah, on Monday, tweets Jody Genessy of The Deseret News. Coach Quin Snyder, GM Dennis Lindsey and team president Steve Starks will be among Utah’s delegation.
  • The Rockets‘ interest in Cleveland’s Iman Shumpert is “basically dead,” according to Cody Taylor of Basketball Insiders (Twitter link). The teams had trade discussions regarding Shumpert on Saturday before Houston signed Tucker.

Kings Make Max Offer To Otto Porter

7:26pm: Porter will schedule meetings with two more teams, Chris Haynes of ESPN tweets. Then he’ll decide which offer sheet to sign.

5:03pm: The Kings offered a maximum deal today to Wizards forward Otto Porter, tweets Chris Haynes of ESPN.com. That would amount to a four-deal contract valued at about $106.5MM.

If Porter formally signs an offer sheet with Sacramento, Washington would have 48 hours to decide whether to match, beginning when the moratorium ends at 11 a.m. Central on Thursday.

The Wizards have proclaimed in the past that they intend to match any offer for Porter. However, he met with Washington officials early Saturday morning without reaching a new deal, indicating that the Wizards were reluctant to pay the maximum — or at least wanted to make sure he could get it on the open market.

The Kings still have more than $43MM in available cap space and a need for a small forward, notes Jason Jones of The Sacramento Bee. They already missed out on two targets with Andre Iguodala re-signing with the Warriors and P.J. Tucker opting for the Rockets.

Clippers Considering Sign-And-Trade Offer For Gallinari

The Clippers are looking for a team with cap space that would be willing to facilitate a sign-and-trade with the Nuggets involving Danilo Gallinari, tweets Sam Amick of USA Today.

Gallinari met with L.A.’s contingent Saturday night and hasn’t announced a decision yet on where he plans to sign. However, Amick states that the Clippers want to be ready with a trade offer for Denver in case he does opt to come to Los Angeles.

Nine teams expressed interest in meeting with Gallinari when free agency began, but it’s not certain how many face-to-face sessions he intends to have before making a final decision.

The Kings, who were among those teams, have apparently elected not to pursue Gallinari any more, Amick adds (Twitter link). A return to Denver remains in play for the 28-year-old forward.

The Celtics haven’t held a formal meeting with Gallinari, but they have made contact and consider him a backup plan in case Gordon Hayward signs elsewhere, according to Mark Murphy of The Boston Herald (Twitter link).

Gallinari appeared in 63 games this year, the most since missing the entire 2013/14 season after surgery on his left ACL. He averaged 18.2 points per night and shot .389 from 3-point range, his best performance in that category since coming to Denver in 2011.