Spurs Rumors

Western Notes: Thompson, Kobe, Fesenko

Klay Thompson agreed that the starting salary in his extension with the Warriors couldn’t escalate past the current $15.5MM projection for next season’s 25% maximum salary, even if the max ends up coming in higher, Grantland’s Zach Lowe reports. That means the deal will be no more lucrative than $69MM over four years, and Lowe heard from a couple of agents who believe the Warriors acted unfairly in the way they structured Thompson’s deal (Twitter link). Still, it doesn’t appear that it will end up having been a sacrifice for Thompson, since it’s unlikely next year’s salary cap, to which maximum salaries are tied, will reflect any of the revenue from the league’s new $24 billion TV deal, according to Lowe. The league’s salary cap projections for 2015/16 remain around $66-68MM as league office execs favor a gradual phase-in of the TV money that wouldn’t start until 2016, Lowe writes. There’s more on Thompson and the Warriors amid the latest from Western Conference:

  • The promise of future production, expendability, strong character and the ability to attract fans are a few of the qualities that current and former team executives tell Bleacher Report’s Ric Bucher they believe players who sign maximum-salary contracts should possess. All of those execs agree that Thompson is a max player, but their opinions are mixed on Kawhi Leonard, to whom the Spurs decided against giving a max extension.
  • Kobe Bryant‘s two-year, $48.5MM extension looks like an albatross for the 0-5 Lakers, but Warriors executive and part-owner Jerry West doesn’t agree, as he told KNBR radio, “Whatever they’re paying, he’s earned it,” West said, as Diamond Leung of the Bay Area News Group notes (Twitter link).
  • Timberwolves camp cut Kyrylo Fesenko has inked with Avtodor of Russia, the team announced (translation via David Pick of Eurobasket.com, on Twitter).

Western Notes: Durant, Rockets, Thompson

The message in HBO’s “Kevin Durant: The Offseason” documentary shows the Roc Nation Sports agency’s heavy hand in Durant’s affairs and paints the reigning MVP as a player who’s eager to win, even if it means leaving the Thunder in 2016, as Ben Golliver of SI.com opines. Even though Durant says as the film’s credits roll that he has “no doubts” about the Thunder’s ability to win a championship eventually, the film makes it clear he’s ready to seek a title elsewhere if any such doubts creep in. We passed along more on Durant this morning, and there’s another Durant-related item amid the latest from the Western Conference:

  • The Rockets are among the many teams planning a run at Durant when he can become a free agent in 2016, as Marc Stein of ESPN.com says in a video report.
  • The maximum salaries for 2015/16 won’t be known until July, but the league is estimating that the 25% max that Klay Thompson is set to receive in his extension from the Warriors will give him a $15.5MM salary for next season, reports Eric Pincus of Basketball Insiders (Twitter link). That would mean $69MM over the life of the four-year deal, as Pincus also illustrates. That’s up significantly from the $14.746MM that 25% max signees received for this season. Kyrie Irving is also in line for the $15.5MM starting salary in his five-year max extension, though he has a better chance than Thompson does to trigger the Derrick Rose rule, which he and the Cavs agreed would give him a max worth approximately 27.5% of the salary cap.
  • Cory Joseph acknowledges that it wasn’t surprising when he didn’t sign an extension with the Spurs when he was eligible before the end of last month, and the ever-optimistic point guard looks ahead to restricted free agency as an opportunity. Jeff McDonald of the San Antonio Express-News has the details.

Western Notes: Kobe, Durant, Spurs, Nuggets

Kobe Bryant rejects the notion that he should push for a trade to a contender and professes his loyalty to the Lakers in an interview with Marc J. Spears of Yahoo! Sports. The team’s lack of success in attracting marquee free agents this summer hasn’t left him questioning whether he wants to remain with the franchise.

“It was really tough to land those free agents just because of the opportunities that they had,” Bryant said. “You got [Carmelo Anthony] going back to New York, LeBron [James] going back home to Cleveland. The odds just weren’t in our favor. But I took comfort in the fact that the Lakers did absolutely everything possible to make it happen. Absolutely everything possible. We offered Pau [Gasol] an incredible deal. I saw them put the work in. It’s much different than in 2007 when I felt like they were just sitting on their hands. This is not that case. They were going after it and being aggressive. I will fight for that till the end. They tried, tried and tried and it didn’t work out. I stand behind them 110%. I bleed purple and gold.”

Bryant has been preaching patience amid an 0-4 start for the Lakers, but as the losses mount, we’ll see how long the Black Mamba can remain serene. Here’s more from around the Western Conference:

  • Kevin Durant cited exhaustion when he withdrew from Team USA this summer, but he reveals in a documentary film that Paul George‘s gruesome leg fracture weighed heavily on his mind, as Michael Lee of The Washington Post chronicles.
  • Injury marked the unofficial end of Spurs draft-and-stash prospect Erazem Lorbek‘s time with FC Barcelona before he officially left the Spanish club this summer, but he has his eye on joining San Antonio after he recovers, as he tells Gigantes Del Basket (translation via HoopsHype). The Spurs were reportedly close to signing Lorbek, a 2005 second-round draftee, in 2012, but the now 30-year-old re-signed with Barcelona instead.
  • The Nuggets, who voted for the league’s failed lottery reform proposal, are one of the NBA’s most vociferous opponents to tanking, as Chris Dempsey of The Denver Post writes in his mailbag column. Still, most teams aren’t nearly as concerned about the phenomenon as fans and the media generally are, Dempsey adds.

Kawhi Leonard, Spurs End Extension Talks

Negotiations on an extension between Kawhi Leonard and the Spurs have met an end with no deal, agent Brian Elfus tells Adrian Wojnarowski of Yahoo! Sports. The news is no surprise, since Chris Broussard of ESPN.com reported Wednesday that a deal was unlikely before today’s 11:00pm Central deadline. Leonard is set to hit restricted free agency next summer.

“We feel Kawhi is deserving of a max contract, and we are disappointed that something couldn’t get done,” Elfus said to Wojnarowski. “There’s no debating Kawhi’s value. The market has been set. He’s done everything the Spurs have asked of him, exceeded all of their expectations. Coach [Gregg] Popovich has gone out of his way to call Kawhi the future face of the franchise. We have great respect for the Spurs organization, but here, we simply agree to disagree. There will be no shortage of teams interested in Kawhi’s services next year. There will be a lot of contract scenarios available to us, and we will explore them all.”

Wojnarowski wrote earlier this week that Leonard had been pushing for the max, adding that there had been no progress in discussions with the team even as Elfus and the Spurs spoke several times over the last few weeks. Elfus had been in San Antonio this week to discuss the matter in person, but the Spurs prefer to maintain financial flexibility heading into next summer, as Marc Stein of ESPN.com wrote earlier. Curiosity about next summer’s free agents and the question of whether Tim Duncan and Manu Ginobili will retire after the season have led to San Antonio’s desire to hold off on a commitment to Leonard for now, Wojnarowski hears.

Still, Wojnarowski reiterates his earlier report that the Spurs would be expected to match any offer for the 2014 Finals MVP next summer, and the Yahoo! scribe suggests that the Spurs would be more amenable to the max at that point. Several league executives have told Wojnarowski that Leonard will command max offer sheets, but even if he were to sign one, it might turn out to be a money-saving proposition for San Antonio. Leonard can sign a five-year deal with 7.5% raises if he does so directly with the Spurs, but his offer sheets would be limited to no more than four years and 4.5% raises.

Extension Rumors: Butler, Rubio, Thompson

The 11:00pm Central deadline for rookie-scale extensions is only about half a day away, and there’s sure to be action in the hours ahead as decisions loom for the remaining eligible players. Here’s the latest as of this morning:

  • The Bulls and Butler were apart by $2.5MM in average annual value as they talked Thursday, Johnson reports. Butler’s camp doesn’t see a deal happening before the deadline, according to USA Today’s Sam Amick (on Twitter), which isn’t surprising considering the gap.
  • The Wolves are willing to sign Rubio to a four-year extension worth $52MM, and the team would perhaps be on board with going up to $54MM, according to Wolfson (Twitter link). Agent Dan Fegan has reportedly been seeking the maximum salary for his client, which would likely entail at least $66MM over four years, but Rubio would take $58MM, Wolfson says.
  • There’s “plenty of pessimism” surrounding the talks between Tristan Thompson and the Cavs as a gap remains in their proposals, reports Brian Windhorst of ESPN.com (via Twitter).

Earlier updates:

  • Ricky Rubio is more likely than not to sign an extension with the Wolves as advanced negotiations have taken place between the sides over the past few weeks, sources tell Marc Stein of ESPN.com. That echoes an earlier report from Darren Wolfson of 1500 ESPN Twin Cities, who heard from people outside the organization who believed Rubio and the team would ultimately settle on a four-year, $52MM deal.
  • Agent Brian Elfus has been in San Antonio negotiating with the Spurs this week, as Stein writes in the same piece, but Kawhi Leonard is nonetheless unlikely to sign an extension, Stein says, seconding a report from ESPN colleague Chris Broussard. Stein hears the Spurs prefer to take Leonard to restricted free agency next summer to maintain maximum financial flexibility. Adrian Wojnarowski of Yahoo! Sports wrote earlier this week that the Spurs were reluctant to give Leonard the maximum salary he’s seeking.
  • Talks are continuing between the Warriors and Klay Thompson and the Cavs and Tristan Thompson, Stein reports.
  • Brandon Knight and Norris Cole appear unlikely to receive extensions, according to Stein, though talks are still going on between the Bucks and Knight’s agent, Arn Tellem, a source tells Charles F. Gardner of the Milwaukee Journal Sentinel. Stein seconds earlier reports indicating that Jimmy Butler, Reggie Jackson and Iman Shumpert also seem unlikely to sign extensions.
  • The Bulls are going to have to increase their offer to Butler to entice him to sign, tweets K.C. Johnson of the Chicago Tribune. It’s unclear what the Bulls have on the table, but as of a week ago the sides were “millions apart,” as Johnson wrote then.

Extensions Unlikely For Leonard, Butler

THURSDAY, 1:59pm: Johnson suggests the potential remains that Friday’s 11:00pm Central time deadline will motivate Butler and the Bulls to strike a deal, but the Chicago Tribune scribe adds that the sides remain far apart in their proposals (Twitter link).

WEDNESDAY, 11:54am: Kawhi Leonard and Jimmy Butler are unlikely to sign extensions with the Spurs and Bulls, respectively, before Friday’s deadline, a source tells Chris Broussard of ESPN.com (Twitter link). Leonard is reportedly seeking the maximum salary, and while a recent report indicated Butler and the Bulls were “millions apart” in talks, that sort of separation is not uncommon in the days leading up to the rookie scale extension deadline. Broussard also hears the Knicks won’t grant an extension to Iman Shumpert, advancing the reporting of ESPN colleague Ian Begley.

Bulls GM Gar Forman said earlier today that he’d met with Butler’s agent, Happy Walters, and that Butler’s left thumb injury wouldn’t affect negotiations, tweets David Haugh of the Chicago Tribune. The injury is expected to keep him out no longer than three weeks, as K.C. Johnson of the Chicago Tribune notes (Twitter links). It’s unlikely that the eye infection that plagued Leonard throughout the preseason and forced him to miss San Antonio’s opening night game Tuesday would affect an extension for him, either.

The Spurs and Brian Elfus, who represents Leonard, have reportedly met several times in the past few weeks but have made no progress, though the Spurs appear poised to match any maximum salary offer sheet that Leonard would sign in restricted free agency next summer. The reigning Finals MVP appears prepared to buck the tradition of San Antonio’s stars agreeing to discounts, though the Spurs could still prevail on Leonard to do so next summer even if they can’t convince him to take less in an extension by the end of Friday.

Butler expressed confidence just days ago that he and the Bulls would come to an extension, so presumably talks, which the swingman said a month ago were going in the right direction, have hit a snag. Chicago apparently had a preference to come to an extension rather than let Butler, who turned 25 last month, hit restricted free agency. The Bulls have about $60.2MM tied up for 2015/16, and Kirk Hinrich holds a nearly $2.9MM player option, so Chicago probably wouldn’t have the cap flexibility to replace Butler if he were to sign an offer sheet and Forman and company decided against matching.

Western Notes: Thompson, Rubio, Mekel, Taylor

Cory Joseph is the quintessential player from outside the U.S., at least according to the NBA’s annual survey of international players on opening-night rosters. He is a member of the Spurs, who lead the league with nine non-U.S. players, and he’s from Canada, the non-U.S. nation that has produced the most NBA players currently in the league. It’s the third straight year that San Antonio has led the NBA in this regard, and it seems to be working, since the Spurs went to the Finals the first two times. Here’s more from around the Western Conference:

  • Kings big man Jason Thompson is drawing trade interest from around the league thanks to the league’s rising salary cap, as Grantland’s Zach Lowe writes amid his season preview. More available spending money around the league makes Thompson’s contract, which will pay him nearly $15.119MM in guaranteed salary through 2016/17, less burdensome for teams.
  • Sources from outside the Timberwolves believe Ricky Rubio and the team will ultimately settle on an extension worth four years and $52MM by Friday’s deadline, as they tell Darren Wolfson of 1500 ESPN Twin Cities (Twitter link). The team has apparently offered four years and $48MM, while agent Dan Fegan has reportedly asked for the max.
  • Gal Mekel says that the Mavs haven’t told him whether or not they’re going to waive him, though he’s cognizant of the reports have the Mavericks set to release him so they can sign J.J. Barea instead, observes Eddie Sefko of the Dallas Morning News“It’s weird,” Mekel said. “I hear everything. But I want to concentrate on this game. I had a great preseason and showed everybody that I can help this team. I got very good feedback from the coaching staff. I know it’s weird right now and there is a chance I will find myself in another place in two days. But as long as I am here, I’m going to help the team.”
  • Wolves owner and chairman of the Board of Governors Glen Taylor has publicly talked about selling the team in the past, and he said Monday that he eventually plans to do so, notes Nate Gotlieb of the Mankato Free Press.

Southwest Notes: Barea, Mavs, Pelicans, Cotton

The Rockets were the busiest Southwest team on roster cut-down day, waiving a total of five players to get down to 15. However, the Mavericks had an interesting day as well, deciding to waive reserve point guard Gal Mekel in hopes of reuniting with recently released J.J. Barea. Let’s see what else is going on in the Southwest tonight:

  • As Eddie Sefko of the Dallas Morning News writes, any team that wants to claim Mavericks-target Barea off waivers would need more than about $4.5MM in cap space, or a trade exception or disabled player exception of at least that size. Sefko mentions the rival Rockets as a team that might want to claim Barea but likely wouldn’t based on its lack of flexibility.
  • The Mavericks tried to acquire Barea from the Wolves last season but the teams couldn’t come to an agreement, according to Jon Krawczynski of the Associated Press (via Twitter).
  • The Pelicans‘ desire to re-sign Omer Asik is a factor in the team declining to pick up the 2015/16 option on Austin Rivers, writes John Reid of the Times Picayune. Reid adds that with Eric Gordon likely to opt in to his $15.5MM salary for next season, New Orleans preferred the additional financial flexibility.
  • Bryce Cotton, who was released by the Spurs last week, plans to sign with San Antonio’s D-League affiliate in the next few days, sources tell Jabari Young of Comcast Sports Northwest (via Twitter).

Kawhi Leonard Pushing For Max Extension

There’s been no progress as agent Brian Elfus and the Spurs have spoken several times over the past few weeks about a rookie scale extension for Kawhi Leonard, who’s seeking the maximum salary, reports Adrian Wojnarowski of Yahoo! Sports. Several league executives tell Wojnarowski that the reigning Finals MVP is in line to receive offer sheets for the max should he hit restricted free agency next summer. The Spurs would almost certainly match in that case, according to Wojnarowski, but it appears the team is reluctant to commit itself to the max before Friday’s deadline for an extension.

It’s not quite clear exactly how much a maximum-salary extension would entail, since the max won’t be known until the NBA sets its salary cap for 2015/16 next July. A five-year max extension would be worth about $85MM based on this year’s figures, which would yield a $66MM max over four years if the Spurs elected not to make Leonard their Designated Player. The league nonetheless projects the cap will rise from $63.065MM this year to $66.5MM for next year, though at least one report has suggested that $66.5MM is a low-end estimate.

The cap will assuredly rise even farther beginning in 2016, when the league’s new TV deal kicks in, and should Leonard hit free agency, that dynamic might drive him to sign an offer sheet similar to the one Chandler Parsons took from the Mavericks. Parsons’ player-friendly deal allows him to become a free agent after two years, and if Leonard signed an offer sheet with the same structure, he could become an unrestricted free agent in 2017, as Wojnarowski points out. That would be after the TV money pushes the cap and the maximum salaries much higher. However, an offer sheet could only contain raises of 4.5%, lower than the 7.5% raises the Spurs are allowed to give.

Leonard expressed confidence in reaching an extension with the Spurs soon after they won the championship this year, and Gregg Popovich has spoken of the 23-year-old Leonard as the next preeminent star of the team. I predicted over the summer that Leonard would be cognizant of the fact that he’s only once scored at least 20 points three games in a row and willing to make financial concessions as so many of his Spurs teammates have. However, it appears he’s not on board with accepting the discounted rate of $50MM over four years that I pegged when I examined his extension candidacy. It’s unclear if the Spurs are pushing for an extension in that range, and they would have plenty of room for the max if they want to go there, since they have only $34.2MM in commitments for 2015/16.

Spurs Cut Ties With Three Players

The Spurs have waived forwards JaMychal Green, Fuquan Edwin, and Robert Vaden, the team announced in a press release. Edwin and Vaden were both inked just yesterday to non-guaranteed deals, so San Antonio won’t owe the pair any money. Green has a partial guarantee on his contract, so he’ll walk away with $60K for his troubles. These moves reduce the team’s preseason roster count to 15, so the team won’t have to make another move prior to the regular season commencing.

The 6’5″ Vaden technically has one year of NBA experience, even though he’s never appeared in a regular season or playoff game. The Thunder signed him to a multiyear deal in the final days of the 2010/11 season and traded him the following preseason to the Timberwolves, who cut him before opening night. He was most recently with Belfius Mons-Hainaut in Belgium where he appeared in 10 games, logging 9.0 PPG and 1.6 RPG in 27 minutes per night. Vaden was originally drafted with the No. 54 pick in the 2009 NBA draft by the Hornets (then known as the Bobcats). In four college seasons split between Indiana and UAB, Vaden averaged 15.8 PPG and 4.6 RPG. He also spent two seasons in the NBA D-League for the Tulsa 66ers, averaging 11.5 points, 2.5 rebounds, and 2.3 assists per game.

Edwin went undrafted this year after spending four seasons at Seton Hall. In 127 career games for the Pirates, he averaged 12.9 PPG, 4.8 RPG, and 1.4 APG while playing 30.3 minutes a night. Edwin played for the Thunder in the summer league, appearing in three games, and notching 1.3 PPG in 7.5 minutes per night. Both he and Vaden were likely inked with the intention of retaining their D-League rights, though that’s just my speculation.

The 6’8″ Green went undrafted in 2012 and spent all of 2012/13 in the D-League. He spent training camp with the Clippers last year, but was cut before the season. He averaged 12.3 PPG and 8.1 RPG on .496 shooting while in the D-League.