Spurs Rumors

Peter Holt Cedes Control Of Spurs To Wife

Spurs owner Peter Holt is relinquishing control of the team to wife Julianna Hawn Holt, the team announced via press release. The 67-year-old Spurs boss is retiring as chairman, CEO and representative on the board of governors, turning those capacities over to his wife. The Holts jointly became the franchise’s largest shareholders in 1996, when Peter Holt ascended to the top of the organization. He’ll remain on the board of managers of Spurs Sports & Entertainment and continue as part of the ownership group.

“Our ownership in the Spurs has always been a family affair,” Julianna Hawn Holt said. “For many years I’ve had the desire to take a more active role with Spurs Sports & Entertainment. We felt this was the right time to make this transition. We are very excited about the current Spurs season and the future of the organization.”

It’s unclear how the change will affect the on-court product going forward. Peter Holt has been a hands-off owner, allowing coach/president Gregg Popovich and GM R.C. Buford to build one of the league’s most well-respected basketball operations. The departing owner served as chairman of the NBA board of governors from 2012 to 2014 and played a leading role in selecting commissioner Adam Silver as the replacement for the retired David Stern, as Tom Orsborn of the San Antonio Express-News noted this past summer in a profile.

The changing of the guard closes a remarkably successful era for the Spurs, who missed the playoffs only once under Peter Holt’s reign.  The franchise has won five NBA titles while qualifying for the postseason for an amazing 19 straight seasons.

“I’m proud of what we’ve achieved over the last two decades,” Peter Holt said. “The championships are wonderful, bringing new sports franchises to San Antonio is important but the biggest accomplishment for me will always be the impact we’ve had in our community. The pride, support and love that our city has for the Spurs is truly amazing.”

Julianna Hawn Holt installed Rick Pych, the president of business operations for Spurs Sports & Entertainment, as co-CEO, according to the team’s release.

And-Ones: Wright, Dunn, Spurs, Grizzlies, Heat

Dorell Wright is back in the U.S. now that his Chinese club’s season is over, and while NBA teams are eyeing him, he’s not rushing to sign, Alex Kennedy of Basketball Insiders writes. He prefers a multiyear deal rather than one that’s just for the remainder of the season, Kennedy adds.

I have [received interest from NBA teams], but I’ve told my agent that I really don’t want to know anything until something is serious and set in stone,” Wright told Kennedy. “I did that [free agency] waiting game this past summer, getting my hopes up and thinking this could be it, but it didn’t work out. Once something is set in stone and serious, I’ll know about it. Right now, I’m just working until I get that call.

See more from around basketball:

  • Providence point guard Kris Dunn went against his father’s insistence that he enter the draft last year, and the extra year at college has helped him expand his game and his character, as Bleacher Report’s Jason King examines. He’s risen from a projected mid-first-rounder to No. 5 in the rankings that Jonathan Givony of DraftExpress and Chad Ford of ESPN.com compile. “I want to do more than just go to the NBA,” Dunn said. “I want to play in the NBA. I want to be prepared when I get there, instead of sitting at the end of the bench or going to the D-League. I needed more time to grow.”
  • The Spurs waited to cut Rasual Butler, a move required for the team to sign Kevin Martin, until Gregg Popovich could inform Butler of his release in person, reports Shams Charania of The Vertical on Yahoo Sports. Popovich returned today from an absence related to a family medical issue that took him away from the team for the past two games. San Antonio’s policy is to have either Popovich or GM R.C. Buford tell a player face-to-face when he’s being waived, according to Charania.
  • Briante Weber is poised to sign with the Grizzlies if the NBA gives them a 16th roster spot, but his agent, Bill Neff, still holds the Heat in high regard, reports Ira Winderman of the Sun Sentinel. The first-year pro has been with the Heat’s D-League affiliate this season and spent a brief time on the NBA roster in the preseason. “We love the Heat,” Neff said. “I’m still betting on them. We love the Heat. I couldn’t have picked a better team; they have been wonderful. I do think there is a chance to go back.”

Spurs Sign Kevin Martin

MARCH 9TH, 12:30pm: The signing is official, the team announced via press release. San Antonio waived Rasual Butler minutes earlier to clear a roster spot for the move.

9:49pm: The Thunder, Grizzlies and Wizards were among the teams pursuing Martin, Stein tweets.

MARCH 4TH, 9:01pm: The Spurs have reached a contract agreement with free agent shooting guard Kevin Martin, Marc Stein of ESPN.com reports (via Twitter). San Antonio currently has the league maximum of 15 players on its roster, so a corresponding move will be required prior to inking Martin. The Mavs, Rockets and Hawks also had expressed interest in signing Martin once he cleared waivers, as Stein also recently reported.

Martin was available for a trade for months prior to the February trade deadline, as Jon Krawczynski of The Associated Press first reported in December, but potential suitors were apparently reluctant to take him on without knowing what he’d do about his player option for 2016/17. Once the trade deadline passed, Martin and the Wolves reached an agreement on a buyout that saw the player sacrifice exactly half of his $7,377,500 player option for next season and $352,750 of this season’s salary.

The 33-year-old has appeared in 39 games for Minnesota this season, including 12 starts. Martin is averaging 10.6 points, 2.1 rebounds and 1.2 assists in 21.4 minutes of action per appearance. His career numbers through 698 games are 17.6 points, 3.2 rebounds and 1.9 assists to go with a shooting line of .438/.385/.870.

Spurs Waive Rasual Butler

The Spurs are have waived Rasual Butler in a move that accomodates their deal with Kevin Martin, as league sources told Shams Charania of The Vertical on Yahoo Sports (Twitter link), shortly before the team officially announced Butler’s waiver, via press release. San Antonio was carrying 15 players, so it had to offload someone to sign Martin. Butler has a minimum-salary contract that bears a cap hit of $947,276, but it costs San Antonio $1,420,914 in additional projected tax penalties.

That’ll stick on San Antonio’s books if he clears waivers, though an outside chance exists that the Blazers would have interest in claiming him to reach the salary floor. It would be cheaper for Portland to grab Butler than it would be for them to claim Gary Neal, who’s also reportedly hitting waivers. However, neither Neal nor Butler is eligible to take part in the postseason for any new team they might join this season, since March 1st was the last day for players to hit waivers and retain playoff-eligibility.

Butler, 36, played 9.4 minutes per game in 46 appearances for the Spurs this season despite having signed only a non-guaranteed deal in the offseason. It’s the third year in a row that Butler made a regular season roster with a team he joined on a non-guaranteed contract for the minimum salary. He scored a season-high 12 points in 26 minutes against the Suns on February 21st, though his average of 2.7 points per game ties a career low, and he shot just 30.6% from 3-point territory, well beneath his career 36.2% mark. The Spurs agonized over whether to drop Butler or Matt Bonner, as Charania writes in his full story.

Nets Hire Trajan Langdon As Assistant GM

The Nets have named Cavs front office executive Trajan Langdon as their assistant GM, Brooklyn announced via press release. The 39-year-old Langdon had just joined Cleveland as director of player administration and basketball operations this past September. He’ll rejoin new Nets GM Sean Marks, his former colleague in the Spurs front office, where Langdon worked as a pro scout from 2012 to 2015. Marks indicated via Brooklyn’s statement that the Cavs green-lighted the in-season move.

“We are very pleased to welcome Trajan and his family to the Brooklyn Nets,” Marks said in the statement. “Trajan is someone I worked with closely at the Spurs, and he brings a unique combination of NBA and European experience to the position. Trajan’s recent front office post with Cleveland added to his professional resume, and I want to thank the Cavs for their cooperation in this effort. The Nets look forward to Trajan’s contributions.”

Langdon is most well-known for his time playing at Duke, the alma mater of former Nets GM Billy King. The native of Alaska has further connections with Nets owner Mikhail Prokhorov, board member Sergey Kushchenko and rumored coaching candidate Ettore Messina, all of whom were affiliated with Russia’s CSKA Moscow when Langdon had a successful run as a player for that team, NetsDaily notes (on Twitter).

The Cavaliers drafted Langdon 11th overall in 1999, though he spent three only seasons as an NBA player, all of them with Cleveland. He was with the Clippers for training camp in 2004 but didn’t appear in the regular season for them.

Frank Zanin already holds the title of assistant GM for the Nets, who previously carried two assistant GMs when they employed Zanin and Bobby Marks, with whom the team parted ways last spring. It’s unclear what the hiring of Langdon means for the future of Zanin, who ran the front office while the team searched for King’s replacement.

And-Ones: Anthony, Marks, Lucas, Tavares

Five years later, no clear-cut winner exists in the blockbuster trade that sent Carmelo Anthony from the Nuggets to the Knicks, writes Stefan Bondy of The New York Daily News. The teams have combined to win just one playoff series since the 12-player deal, Bondy notes, when New York defeated the Celtics in 2013. The Knicks got the superstar they wanted, but Denver wound up with two young but frequently injured players in Danilo Gallinari and Wilson Chandler. The Sixers benefited, as the Knicks’ first-rounder was sent to Denver, which later traded it to the Magic, which dealt it to Philadelphia, which ended up with the rights to Dario Saric.

There’s more from around the basketball world:

  • Sean Marks, whom the Nets hired as GM last month, said he has tried to learn something important during every stop in his NBA career, writes Ira Winderman of The Sun-Sentinel. As a player, Marks spent two seasons under current Heat president Pat Riley from 2001 to 2003. “The vision of it’s not about me,” Marks said. “Pat Riley’s, ‘The disease of me,’ I’ve obviously taken that from him.”
  • John Lucas III, who played briefly with the Pistons last season, has been waived by the Pacers affiliate in the D-League, tweets Chris Reichert of Upside and Motor. The move took place because he has plans to sign with an overseas team, Reichert hears.
  • The Hawks sent center Edy Tavares to the Austin Spurs in the D-League, the team announced today. Tavares has appeared in 12 games with Austin this season, but also two with Canton and two with Bakersfield because the Hawks don’t have a direct affiliate. He is averaging 9.6 points and 9.1 rebounds in D-League play.
  • The Clippers have assigned guard C.J. Wilcox to the Cavs affiliate in the D-League. The Clippers also don’t have a direct affiliate, so Wilcox has played for Canton and Bakersfield in two prior D-League stints this season. His D-League averages are 17.8 points, 4.1 rebounds and 2.9 assists in 15 games.

Hoops Rumors Community Shootaround 3/5/16

The NBA’s oldest team picked up more veteran help this week as the Spurs signed point guard Andre Miller and reached a contract agreement with shooting guard Kevin Martin. Both players came off waivers from Minnesota after agreeing to contract buyouts as the Timberwolves turned their eyes toward the future.

They both were experiencing reduced roles before parting ways with the Wolves. Miller averaged 3.4 points and 2.2 assists in just 26 games this season. Martin, who averaged 20 points per game last year, was down to 10.6 as the Wolves cut his playing time by 12 minutes a night.

But the Spurs won’t be looking for much more than spot duty from either player, along with the specialized skills and playoff experience they bring to San Antonio. Miller’s reliable passing and reputation as a floor general, combined with Martin’s shooting touch and ability to spread the floor, can make them valuable in a playoff series.

Turning to veterans is certainly nothing new in San Antonio. The Spurs now have the league’s two oldest players on their roster in Miller and Tim Duncan, who are both 39. In addition, they have Manu Ginobili at 38, Rasual Butler at 36 and Matt Bonner and David West, both at 35. Butler or Bonner may wind up getting waived to open a roster spot for Martin, who is a relative child at 33. The average age of the Spurs’ roster is 31.8, according to RealGM, making them the only team in the league above 30.

The Spurs, of course, were doing just fine without Miller and Martin. They are 52-9 entering tonight’s game and a perfect 29-0 at home. They are firmly entrenched in the second spot in the Western Conference, three and a half games behind the record-setting Warriors. They also have a playoff-tested roster and coaching staff that make them an extremely difficult postseason matchup.

That brings me to tonight’s topic: How much will Miller and Martin help the Spurs over the rest of the season and the playoffs? Do they make San Antonio’s bench even deeper and more dangerous? Will they adjust quickly to the Spurs’ unselfish offense and rapid ball movement? Or is San Antonio in danger of having too many old guys and not being able to keep up with a younger team in a seven-game series?

Please share your thoughts and opinions on the topic in the comments section. We look forward to hearing what you have to say.

Central Notes: Middleton, Lue, Carter-Williams

The Bucks turned down a proposed trade deadline swap with the Timberwolves that would have sent Khris Middleton to Minnesota and brought point guard Ricky Rubio to Milwaukee, a deal the team was wise to nix, Zach Lowe of ESPN.com opines. The scribe cites Middleton’s versatility, solid production and reasonable contract as reason why the Bucks were smart to hold onto the swingman. The Wolves even offered to sweeten the deal with the inclusion of a protected 2016 first-round pick, but the Bucks, who never seriously entertained trading Middleton, declined that offer as well, Lowe notes. The Bucks did submit a counterproposal to the Wolves, offering Michael Carter-Williams in exchange for Rubio, a swap that Minnesota quickly shot down, Lowe adds.

Here’s more from the Central Division:

  • The Cavaliers have gone 12-6 thus far under Tyronn Lue and despite a few bumps along the way, LeBron James is pleased with the job the new coach has done since replacing the fired David Blatt, Chris Fedor of Cleveland.com writes. “I think he’s done a great job,” James said of Lue. “He’s even-keel as well. He just wants us to get better every single day and not waste an opportunity. Continue to focus on what needs to be done, the job at hand, and if we do that we’re going to give ourselves a great chance to win. He gets on us when we’re not doing our job and when we’re not doing it to the capabilities that we’re capable of doing it at, so that’s when he’s on us. And he stays on us.”
  • Pistons coach/executive Stan Van Gundy openly expressed his appreciation of the Spurs and how that franchise is able to maintain a championship-caliber roster while not running afoul of the salary cap, David Mayo of MLive.com relays. “There’s no question when you don’t have to pay guys market value it’s pretty easy to build depth,” Van Gundy said. “The salary cap is hard on most of us trying to build depth. But with them, when they’ve got Tim Duncan playing below market value, Tony Parker playing below market value, Manu Ginobili playing below market value, David West playing below market value, when those guys all give up money, well, then it’s easy to add other people and allow you to go out and do what you need to do to build depth. They’ve done a great job of that.

Western Notes: Durant, Grizzlies, Spurs, Rockets

The Thunder absorbed a pair of discouraging losses to the Clippers and Warriors this week, but while their chances of title contention don’t look as strong as they did a few days ago, Kevin Durant is OK with that, as Royce Young of ESPN.com chronicles (on Twitter). Durant’s comments are particularly resonant against the backdrop of his free agency this summer, observes Tim MacMahon of ESPNDallas.com (Twitter link), especially in light of the report that the former MVP regards the Warriors as his top choice outside the Thunder.

“This is an exciting time for me,” Durant said. “I’m happy that we’re going through this because like I said it’s easy to be … we don’t want to be front-runners. That’s not who we are. That’s not who I am. And I’m not going to let the team be that way. When you’re losing, that’s when you really got to show your character and show who you are. We’re going to keep our heads up, all our guys are going to stay positive and keep working and learn from it.”

No team is as much of a front-runner as Golden State is, of course. See more from the Western Conference:

Atlantic Notes: ‘Melo, Bargnani, Marks, Colangelo

A market for Carmelo Anthony would exist if the Knicks decide to trade him and he’s willing to waive his no-trade clause, but the Knicks shouldn’t expect to end up with a return that resembles what they gave up to trade for him five years ago, multiple NBA team executives tell Fred Kerber of the New York Post. An exec from an Eastern Conference team suggested New York could get an established player and a pick for ‘Melo, though he raised questions about his health, trade kicker and relative appeal compared to other stars, Kerber relays. That same exec also told Kerber that he doubts Anthony would waive his no-trade clause to go to relatively unappealing teams that the Knicks might view as desirable trade partners. Two of the executives with whom Kerber spoke said the Knicks shouldn’t have re-signed him in 2014 and instead would have been wise to have done a sign-and-trade at the time. See more from the Atlantic Division:

  • Andrea Bargnani continues to draw offers from overseas, and Olimpia Milano team president Livio Proli claims that he wants to play in Europe, as Proli said to the Italian outlet Tuttosport, according to Eurohoops.net. The Italian team wants Bargnani for next season, while Turkey’s Galatasaray has made him an offer for the rest of this season, coach Ergin Ataman said, as Eurohoops.net also relays. The former No. 1 pick bought his way off the Nets last month.
  • New Nets GM Sean Marks took an unconventional path to his job, but he’s leaning on what he learned from familiar front office stalwarts Pat Riley and Spurs bosses Gregg Popovich and R.C. Buford, as Brian Lewis of the New York Post details.
  • Bryan Colangelo confirmed to Dave McCarthy of Vice Sports Canada that he was a finalist for the Nets GM vacancy that went to Marks and talked about Bargnani and other players from his tenure as Raptors GM. Colangelo’s name has been linked in speculation to Sixers, where father and chairman of basketball operations Jerry Colangelo is considering a front office addition.