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Cavs Make Jarrett Allen Restricted Free Agent

July 23rd, 2021 at 4:20pm CST by Dana Gauruder

To no one’s surprise, the Cavaliers have extended a qualifying offer to center Jarrett Allen, making him a restricted free agent, Chris Fedor of the Cleveland Plain Dealer reports.

The QO is worth just over $7.7MM with a cap hold of $11.73MM.

Cleveland acquired Allen in the multi-team James Harden blockbuster with the intention of locking him into a multi-year deal during the offseason. The addition of Allen led the Cavs to bench and eventually buy out Andre Drummond, who will be an unrestricted free agent this summer.

Allen will one of the more attractive names on the restricted free agent market, but a suitor will likely have to deliver a giant offer sheet to him to make the Cavs think twice about matching it.

The 23-year-old Allen averaged 13.2 PPG, 9.9 RPG and 1.4 BPG in 51 games after the trade. Cleveland is expected to retain Allen even if uses the No. 3 pick in next week’s draft on the top big man prospect, USC’s Evan Mobley.

Cavs’ Hartenstein Declines Player Option, Will Be Free Agent

July 23rd, 2021 at 9:46am CST by Luke Adams

Cavaliers big man Isaiah Hartenstein has decided not to exercise his player option for the 2021/22 season and will become a free agent, reports Shams Charania of The Athletic (via Twitter). The minimum-salary option would’ve paid Hartenstein about $1.76MM.

Multiple reports in June indicated that Hartenstein was expected to opt out, so his decision doesn’t come as a surprise. Those reports also suggested that the 23-year-old was a good bet to work out a new deal with the Cavaliers rather than leaving Cleveland for a new team.

Hartenstein is eligible for restricted free agency, which will give the Cavs some control over the process and increases the likelihood that he sticks around. The team will have to issue a qualifying offer worth about $2.03MM to avoid having him become an unrestricted free agent.

Hartenstein began the 2020/21 season in Denver, but played limited minutes with the Nuggets and was sent to Cleveland as part of the JaVale McGee trade at the March deadline. In 16 games with the Cavs, Hartenstein recorded 8.3 PPG, 6.0 RPG, 2.5 APG, and 1.2 BPG in 17.9 minutes per contest. All of those averages would’ve been career highs.

The Cavs’ frontcourt figures to undergo some changes this offseason, whether or not Hartenstein returns. Like Hartenstein, Jarrett Allen will be eligible for restricted free agency, though Cleveland is expected to bring him back. Kevin Love is considered very available in trade talks, and the club may end up adding big man Evan Mobley with the No. 3 pick in the draft.

Lakers Extend Qualifying Offer To Talen Horton-Tucker

July 22nd, 2021 at 5:26pm CST by JD Shaw

The Lakers have issued a $1.89MM qualifying offer to Talen Horton-Tucker, allowing him to enter restricted free agency, the team announced. Los Angeles will have the right to match any offer sheet Horton-Tucker signs with another club.

Horton-Tucker, 20, recently concluded his second season with the Lakers. He held per-game averages of nine points, 2.8 assists and 2.6 rebounds, playing 20.1 minutes per contest. He also shot 46% from the floor and just 28% from behind the arc.

In addition to Horton-Tucker, the Lakers will see Dennis Schroder, Andre Drummond, Alex Caruso, Wesley Matthews, Markieff Morris, Jared Dudley and Ben McLemore enter free agency — they’ll all be unrestricted. Big man Montrezl Harrell holds a $9.72MM player option for next season.

The Lakers were eliminated in the first round of the playoffs by the Suns this spring — less than a year removed from winning their first title since 2010. The team dealt with numerous injuries this season, finishing with the seventh-best record in the West at 42-30.

Hawks Issue Qualifying Offer To John Collins

July 22nd, 2021 at 12:23pm CST by Luke Adams

The Hawks have issued a qualifying offer to big man John Collins, officially making him a restricted free agent, reports Shams Charania of The Athletic (Twitter link).

That qualifying offer is a formality to ensure that Collins doesn’t become an unrestricted free agent. Although a qualifying offer technically represents a one-year contract offer, Atlanta’s 23-year-old forward/center is very unlikely to accept his QO, since he’s in line for a much more lucrative long-term deal.

Because he met the starter criteria earlier this year, Collins’ qualifying offer will be worth about $7.7MM. As long as it remains on the table, the Hawks will retain the right of first refusal, giving them the ability to match any offer sheet Collins signs.

Collins saw his numbers dip a little during the regular season in 2020/21, but he still put up an impressive 17.6 PPG and 7.4 RPG on .556/.399/.833 shooting in 63 games (29.3 MPG) and played a key role in helping Atlanta reach the Eastern Conference Finals.

Having reportedly turned down a four-year, $90MM+ extension from the Hawks last offseason, Collins figures to receive bigger offers as a restricted free agent, from Atlanta and other teams. There’s a sense that the Hawks will be reluctant to go all the way up to the max for Collins, but a rival suitor could force their hand with an aggressive offer sheet.

Assuming a 3% cap increase, a team looking to lure Collins away from Atlanta this offseason could offer a four-year contract worth up to nearly $121MM.

Will Barton To Decline Player Option

July 17th, 2021 at 4:58pm CST by Arthur Hill

Nuggets swingman Will Barton will opt out of his $14.7MM salary for next season, tweets Shams Charania of The Athletic. Both sides hope a new deal can be reached in free agency, Charania adds.

Today was the deadline for a decision from Barton, who has been in Denver since being acquired in a trade with Portland midway through the 2014/15 season. He is the longest-tenured player on the Nuggets’ roster and will be an offseason priority for president of basketball operations Tim Connelly, according to ESPN’s Adrian Wojnarowski (Twitter link).

Denver owns Bird rights on Barton and will be able to exceed the cap to re-sign him, notes Bobby Marks of ESPN (Twitter link). Even without Barton on the books, the Nuggets project to be over the cap for next season when taking into account the team’s first-round draft pick and a possible $7.6MM salary for JaMychal Green, whose player option decision is due by July 26.

Barton, 30, suffered a late-season hamstring injury that limited his availability in the playoffs. He appeared in 56 regular season games and averaged 12.7 points, 3.2 rebounds and 4.0 assists while shooting a career best 38.1% from three-point range.

Keep up with all the offseason decisions on player options here.

Kevon Looney Opting In For 2021/22 Season

June 29th, 2021 at 11:57am CST by Arthur Hill

Warriors big man Kevon Looney is picking up his $5.1MM option for next season, tweets ESPN’s Adrian Wojnarowski.

The 25-year-old averaged 4.1 points and 5.3 rebounds this season as a part-time starter. He split time in the starting lineup with rookie center James Wiseman and took over the job after Wiseman was injured in April.

Looney has spent six years with Golden State after being taken with the 30th pick in the 2015 draft. He’s a 56.6% shooter from the floor in his career and played significant minutes on the Warriors teams that reached the NBA Finals for five straight seasons.

Looney’s player option was the only one facing the team for 2021/22.

Spencer Dinwiddie To Decline Player Option

June 20th, 2021 at 9:21am CST by Arthur Hill

Nets guard Spencer Dinwiddie plans to decline his $12.3MM player option for next season and become a free agent, tweets ESPN’s Adrian Wojnarowski. His deadline to make an official decision is Monday.

Dinwiddie suffered a partially torn ACL early this season that limited him to three games. The 28-year-old has spent the past five seasons with Brooklyn and posted his best career numbers in 2019/20, averaging 20.6 points, 3.5 rebounds and 6.8 assists per night.

Keeping Dinwiddie may not be in the Nets’ plans because of their huge financial commitment to Kevin Durant, James Harden and Kyrie Irving. Brooklyn also has five other free agents to address this summer, including Bruce Brown, Jeff Green and Blake Griffin, who all played important roles during the postseason.

There should be a strong demand for Dinwiddie on the free agent market, and ESPN’s Bobby Marks suggests his future could depend on what fellow free agents Kyle Lowry and Dennis Schroder decide to do. With the Heat, Bulls and Knicks all needing point guard help, at least one of those teams could make an offer to Dinwiddie.

Brooklyn could consider a sign-and-trade deal involving Dinwiddie, but that may require the team to take back salary, which would inflate its luxury tax payment, Marks adds. He notes that the Nets already have a projected $53.4MM tax bill for next season, which would double if they add another $12MM to their payroll.

However, the team is also limited is what it can do to acquire new talent, so it may not want to let Dinwiddie leave without getting something in return. Marks notes that tax-paying teams received a break this season because of the decline in BRI (basketball-related income) caused by the pandemic. A similar tax break next season could influence the Nets’ thinking with Dinwiddie.

Another possibility Marks raises is to find a team this summer that’s willing to trade for veteran center DeAndre Jordan without sending any salary back to Brooklyn. That would likely cost the Nets their first-round pick in this year’s draft. Jordan wasn’t used in the postseason and still has two years and nearly $20MM left on his contract.

Photo courtesy of USA Today Sports Images.

Celtics Trade Kemba Walker To Thunder

June 18th, 2021 at 11:20am CST by Arthur Hill

11:20am: The trade is now official, according to press releases from the Thunder and Celtics.

The second-round pick the Thunder will receive in 2025 will be the most favorable of the Celtics’ and Grizzlies’ picks, Joe Mussatto of The Oklahoman tweets.

The second-rounder that Boston will get in 2023 will be the least favorable of the following three picks that OKC controls:

The Thunder’s own second-rounder.
The Wizards’ second-rounder.
The most favorable of the Mavericks’ and Heat’s second-rounders.

Boston agreed to give Brown a $500K guarantee for next season as part of the deal, according to Marks (Twitter link). The Celtics also generated a $6.88MM trade exception.

8:20am: The Celtics will send point guard Kemba Walker and a pair of draft picks to the Thunder in exchange for Al Horford, Moses Brown, and a future pick, tweets Adrian Wojnarowski of ESPN.

Boston has been looking for a taker for the veteran guard, who has been injured for much of the two years he spent with the team. A recent report said former president of basketball operations Danny Ainge started shopping Walker after the Celtics were knocked out of the playoffs last summer.

The main incentive for Boston was to get rid of Walker’s contract, which pays him close to $74MM over the next two seasons. He was considered an important addition when he signed a free agent deal with the Celtics two years ago, but a lingering knee injury limited his effectiveness. The 31-year-old missed 29 games this season and averaged 19.3 PPG, his worst scoring numbers in six years, while shooting just 42% from the field.

Walker’s contract includes a 15% trade bonus that will be voided, according to Bobby Marks of ESPN (Twitter link). He would have received an additional $3.2MM if the trade had occurred after the league’s new calendar year starts on August 6.

The Thunder will receive the Celtics’ first-round pick this year, which is slotted at No. 16, along with a second-rounder in 2025. Boston will get OKC’s second-round selection in 2023. The Thunder now have three first-round picks in this year’s draft and five of the top 36 choices.

Horford returns to the Celtics two years after leaving for the Sixers in free agency. He spent one year in Philadelphia before being traded to Oklahoma City last December in a cost-cutting move. Horford never found a role on the rebuilding Thunder and played just 28 games before being shut down in late March after the trade deadline passed.

The 35-year-old big man was still effective when he played, averaging 14.2 points and 6.7 rebounds per night, and should be a welcome addition to the Celtics’ frontcourt. He will make $27MM next season and $26.5MM in 2022/23, but only $14.5MM of that year’s salary is guaranteed. Boston will save about $20MM for next season with the trade, Marks adds, and that figure could rise to $32MM for 2022/23 if Horford is waived before the season starts (Twitter link).

Brown, a 21-year-old center, showed a lot of promise in his second NBA season, starting 32 of the 43 games he played and averaging 8.6 PPG and 8.9 RPG per night. He is under contract through 2023/24, but no money is guaranteed beyond this season.

Today’s trade marks the first major deal for former coach Brad Stevens since he became the Celtics’ president of basketball operations two weeks ago. Wojnarowski notes that it involves Thunder general manager Sam Presti, who has been a friend of Stevens dating back to when he coached at Butler (Twitter link). Woj adds that it’s unusual for trades to take place before the pre-draft combine, but both sides were happy with what they got.

Pistons To Renounce Rights To Jaylen Hands

June 15th, 2021 at 8:04am CST by Alex Kirschenbaum

The Pistons are set to renounce their rights to guard Jaylen Hands, according to Chris Haynes of Yahoo Sports (Twitter link), who reports that the team and player have agreed to part ways.

Hands, 22, was selected with the No. 56 pick in 2019 out of UCLA by the Clippers, who traded him to the Nets on draft night. A year later, during the 2020 offseason, Brooklyn traded Hands’ rights to the Pistons. Although Detroit has held his NBA rights since then, the 6’3″ guard has yet to sign an NBA contract.

Hands played for Brooklyn’s NBAGL affiliate, the Long Island Nets, during his first professional season in 2019/20, averaging 11.3 PPG, 3.5 APG, 2.9 RPG, and 1.0 SPG across 40 games (including 18 starts). He later signed a two-year deal with Serbian club KK FMP in January 2021.

Once Detroit formally renounces its rights to Hands, he’ll become an NBA free agent. That would allow the former five-star recruit to sign with any NBA team once his contract with FMP expires — or earlier, if that deal has an opt-out clause.

Luke Adams contributed to this report.

Spurs Won’t Give Weatherspoon Qualifying Offer

June 7th, 2021 at 5:27pm CST by Dana Gauruder

The Spurs won’t extend a qualifying offer to guard Quinndary Weatherspoon, Chris Haynes of Yahoo Sports tweets. That will make Weatherspoon an unrestricted free agent.

The 2019 second-round selection appeared in 20 games this season, but he only averaged 2.3 PPG in 6.1 MPG. He scored a season-high 13 points against Phoenix on May 15.

The qualifying offer is a modest $1.67MM but the organization has apparently decided Weatherspoon wouldn’t make its roster next season.

Weatherspoon, who played 11 games for the Spurs during his rookie season, was on a two-way contract during his first two seasons in the league. He missed some time this season after being placed under the league’s health and safety protocols.