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Kings To Waive Ben McLemore

The Kings are waiving veteran guard Ben McLemore, reports Sam Amick of The Athletic (Twitter link). McLemore will become an unrestricted free agent once he officially clears waivers.

The Kings completed a pair of trades today, but didn’t take on any extra players in either of those moves, so there was no urgent need to open up a roster spot. However, with McLemore’s contract no longer required for salary-matching purposes in a trade, it makes sense for the club to move on from him, since he’s not part of the regular rotation in Sacramento.

A former seventh overall pick, McLemore appeared in 19 games for the Kings this season, averaging just 8.3 minutes per contest. He posted 3.9 PPG on .391/.415/.667 shooting in his limited role, and will look to catch on with a new team once he reaches the open market.

As for the Kings, this move actually creates a second opening on their roster, assuming my math is correct, reducing their player count to 13. Sacramento will have two weeks to get back up to 14 players.

Kings, Blazers Swap Skal Labissiere, Caleb Swanigan

The Kings have sent Skal Labissiere to the Trail Blazers in exchange for Caleb Swanigan in a swap of little-used power forwards, tweets ESPN’s Adrian Wojnarowski.

A late first-round pick in 2016, Labissiere has barely played this season, appearing in 13 games and averaging 8.7 minutes per night. The Kings already picked up his option for next season, which will pay him $2,3MM.

Swanigan is averaging 8.1 minutes in 18 games. He will make a little more than $2MM next year.

Shumpert To Rockets, Burks to Kings In 3-Team Trade

FEBRUARY 7, 11:33am: The trade is now official, the Cavaliers confirmed in a press release. Here are the full details:

  • Cavaliers acquire Knight, Chriss, the Rockets’ 2019 first-round pick, and the Rockets 2022 second-round pick.
  • Rockets acquire Shumpert, Stauskas, Baldwin, and the Bucks’ 2021 second-round pick (from Cleveland).
  • Kings acquire Burks and lesser of the Rockets’ and Warriors’ 2020 second-round picks.

FEBRUARY 7, 7:21am: The draft pick the Kings are receiving from Houston in the deal will be the lesser of the Rockets’ and Warriors’ second-rounders in 2020, tweets James Ham of NBC Sports California.

FEBRUARY 6, 8:10pm: The Cavaliers will also receive a lottery-protected 2019 first-round pick from the Rockets, relays Chris Fedor of Cleveland.com, who states that the front office is “thrilled” by what it was able to get in return for Burks.

7:25pm: The Kings, Rockets and Cavaliers have agreed to a three-team deal that will send Iman Shumpert to Houston, Alec Burks and a second-round pick to Sacramento and Marquese Chriss and Brandon Knight to Cleveland, tweets Chris Haynes of Yahoo Sports.

The Rockets will also receive Nik Stauskas and Wade Baldwin from the Cavs, adds ESPN’s Adrian Wojnarowski (Twitter link). Both guards were acquired Sunday when Cleveland shipped Rodney Hood to Portland. Houston hasn’t decided whether to keep both players for the rest of the season, according to Jonathan Feigen of The Houston Chronicle (Twitter link).

Because they were just acquired, Stauskas and Baldwin can’t be aggregated in the same trade, so the Cavaliers and Rockets will have to make two separate deals, tweets Keith Smith of Real GM. Burks will be traded for Knight, while Chriss’ $3.2MM salary will be absorbed with the TPE that Cleveland created by sending Hood to the Trail Blazers.

The Cavaliers had to include both guards to remain below the luxury tax, Bobby Marks posts on ESPN Now. They created a $1.5MM trade exception for each player and are now $1.2MM under the tax. Knight carries cap hits of $14.6MM for this season and $15.6MM for 2019/20, while Chriss has a $3.2MM expiring deal. Cleveland is dangerously close to tax territory for next season, Marks adds, hovering about $10MM below without accounting for a projected top five draft pick.

Houston will save $6.3MM in projected tax payments and bring its bill down to $6.1MM, Marks notes in a separate post. The total could drop even lower depending on what happens with $1.5MM in bonuses for Clint Capela, who is sidelined after thumb surgery. The Rockets will inherit Shumpert’s Bird rights and will sit about $4MM above the tax threshold with the addition of the three players.

The Rockets had been seeking veteran wing help and were hoping to unload the contracts of Knight and Chriss after acquiring them from Phoenix over the summer in a deal to unload Ryan Anderson‘s hefty salary. Shumpert has an $11MM expiring contract. Burks also has an expiring deal worth a little more than $11.5MM.

Photo courtesy of USA Today Sports Images.

Kings Acquire Harrison Barnes From Mavericks

FEBRUARY 7, 12:43am: The trade is now official, according to a press release from the Mavericks. The club confirmed it has released Mejri, who will become a free agent if he clears waivers.

As Bobby Marks of ESPN notes (via Twitter), assuming Dallas uses its recently-created Wesley Matthews traded player exception to absorb Randolph’s salary, the team should generate a new TPE worth $21,299,378. It would be the largest trade exception in NBA history.

FEBRUARY 7, 12:13am: Because they’re acquiring two players in exchange for one, the Mavericks will need to waive a player to finalize the trade. That player will be Salah Mejri, according to Mike Fisher of DallasBasketball.com (Twitter link). Mejri was informed of the decision during Wednesday’s game vs. Charlotte, per JD Shaw of Hoops Rumors (Twitter link).

FEBRUARY 6, 9:18pm: The Mavericks are finalizing a trade that will send Harrison Barnes to Sacramento, tweets Shams Charania of The Athletic. Justin Jackson and Zach Randolph will be heading to Dallas, according to ESPN’s Adrian Wojnarowski (Twitter link). There are no picks involved in the deal, confirms Sam Amick of USA Today (Twitter link).

The Kings are hoping for a long-term arrangement with Barnes, who has a $25.1MM player option for next season, Woj adds (Twitter link). He has been a consistent scorer during his two and a half years in Dallas, peaking at 19.2 PPG in 2016/17. He is averaging 17.8 points and 4.3 rebounds in 48 games this season.

Sacramento, which is the only team with remaining cap space, will use $10.5MM to complete the trade, posts Bobby Marks on ESPN Now. Barnes has an 8% trade bonus that comes to $686,443 if the deal is finalized tomorrow. The Kings will have $21MM in cap room this summer if Barnes opts in or $45.2MM if he doesn’t. Today’s trades will leave Sacramento with an open roster spot.

The Kings appear serious about making a run at a playoff spot, which seems more available after the Clippers traded Tobias Harris early this morning. Sacramento started the day in ninth place at 28-25, just one game behind L.A.

The trade leaves Dallas close to being able to offer a maximum contract in free agency this summer, tweets ESPN’s Zach Lowe. Jackson will make $3.28MM next season and Randolph has an $11.7MM expiring contract. Lowe states that the position of the Mavericks’ 2019 first-round pick could determine whether they can reach a full max deal. Dallas won’t have that pick – or the associated cap hold – unless it lands in the top five.

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Wizards Trade Markieff Morris To Pelicans

FEBRUARY 7, 12:36am: The trade is now official, the Wizards announced in a press release.

FEBRUARY 6, 10:19pm: Washington has agreed to trade veteran forward Markieff Morris to the Pelicans, tweets Shams Charania of The Athletic. The Wizards will get Wesley Johnson in return, according to Chase Hughes of NBC Sports Washington (Twitter link).

Between this deal and one earlier tonight that shipped Otto Porter to Chicago for Bobby Portis and Jabari Parker, the Wizards have dropped below the luxury tax and won’t be subject to the repeater tax, Hughes adds (Twitter link).

Morris makes $8.6MM, while Johnson is at $6.1MM, so Washington saves $2.5MM in salary just from that trade in addition to sneaking below the tax line. Both players have expiring contracts.

The Wizards also sent their 2023 second-round pick to New Orleans, tweets David Aldridge of The Athletic. Washington received a 2023 second-rounder from Chicago in the first deal, so the team didn’t mind parting with its own.

Wizards Trade Otto Porter To Bulls

11:13pm: The trade is official, the Bulls announced on Twitter.

6:43pm: The Wizards will send Otto Porter to the Bulls in exchange for Bobby Portis and Jabari Parker, tweets Shams Charania of The Athletic.

Washington will also receive a protected future second-round pick, according to Jeff Zillgitt of USA Today (Twitter link). Jake Fischer of SI.com adds (via Twitter) that the pick will be a top-36 protected second-rounder in 2023.

The deal shapes up as a cost-cutting move for Washington, which was well into luxury tax territory for this season and was in danger of heading there again next year. Porter, who makes $27.25MM next year and has a player option worth nearly $28.5MM for 2020/21, was the most logical trade piece to provide cap relief. Injuries have made John Wall virtually unmovable as his super-max deal kicks in next season, and the Wizards don’t want to part with All-Star guard Bradley Beal.

Washington gets back a pair of players with no guaranteed salary beyond this season. Portis will be eligible for restricted free agency after turning down an extension offer from the Bulls in October. The fourth-year forward is having his best NBA season, averaging career highs of 14.1 points and 7.3 rebounds.

Parker signed a two-year, $40MM deal with Chicago last summer, but it carries a team option on the $20MM second year. He will get two months to try to impress the Wizards, but the team will almost certainly likely opt for the savings.

The trade drops Washington’s projected tax bill for this season from $8.96MM to $3.34MM and puts it $2.3MM above the tax threshold, posts Bobby Marks on ESPN Now. Marks adds that Parker’s option must be exercised by June 29, and the team must submit a $3.6MM qualifying offer to Portis by the end of June to retain the right to match any offers.

Porter, 25, will get a chance to shine in Chicago as part of the team’s young core. He’s averaging 12.6 PPG and 5.6 RPG in his sixth NBA season and recently moved into a sixth-man role in Washington.

The Wizards had pledged last week not to trade Porter or Beal, but Wall’s heel surgery, followed by a ruptured left Achilles tendon that will sideline him for at least 12 more months, apparently changed their minds, tweets Marc Stein of The New York Times. The move should create enough financial freedom for Washington to sign Tomas Satoransky and Thomas Bryant to long-term deals this summer, adds David Aldridge of The Athletic (Twitter link).

Photo courtesy of USA Today Sports Images.

Heat Trade Tyler Johnson, Wayne Ellington To Suns

6:27pm: The trade is official, according to a tweet from the Suns.

3:49pm: Bartelstein is working with the Suns to get Ellington to a playoff contender after this deal is completed, tweets Adrian Wojnarowski. While a trade is possible, the veteran sharpshooter could also be waived.

3:30pm: The Heat are also sending Wayne Ellington to Phoenix in the trade, tweets Shams Charania of The Athletic. That makes the deal more interesting, as the Heat are now in position for significant savings this season as well as next season.

The lottery-bound Suns likely don’t have much use for Ellington, but could flip him in another trade before the deadline, as long as they don’t aggregate his salary with another player’s.

Ellington has the ability to veto a trade, so in order to sign off on the deal, he may expect Phoenix to subsequently trade or release him. He has given his approval, agent Mark Bartelstein confirms to Barry Jackson of The Miami Herald (Twitter link).

Additionally, as cap expert Albert Nahmad observes (via Twitter), Johnson will have to waive most or all of his trade bonus to make the trade work from a salary-matching perspective if Ellington’s salary is included.

2:41pm: The Heat are in agreement with the Suns on a trade that will send guard Tyler Johnson to Phoenix, reports ESPN’s Adrian Wojnarowski (via Twitter). Ryan Anderson will head to Miami in the deal, tweets John Gambadoro of Arizona Sports 98.7.

Johnson, 26, has averaged 10.8 PPG, 2.8 RPG, and 2.5 APG with a shooting line of .426/.353/.693 in 44 games (25.5 MPG) for the Heat this season. Although he has been a solid role player in Miami, Johnson’s salary far exceeds his on-court production.

Due to a back-loaded offer sheet from the Nets, which the Heat matched in 2016, the fifth-year guard is earning approximately $19.25MM this season, with a 2019/20 player option worth the same amount. His current-year cap charge will increase a little more when he’s dealt, since his contract features a 15% trade kicker. That bonus will amount to another $1MM+ on his ’18/19 cap hit, assuming he doesn’t waive it. His option year will be unaffected.

Anderson, who has a $20.4MM cap hit of his own, was the only player on the Suns’ roster making more than $11.75MM this season, making him the logical returning piece for Johnson.

The 30-year-old was traded from Houston to Phoenix during the offseason and has played sparingly for the Suns, averaging 3.7 PPG and 3.0 RPG in 15 games (18.5 MPG). While Anderson has been a lethal outside shooter in past seasons, he has hit just 20.6% of his three-pointers this season after entering the year with a 38.2% career rate.

Anderson has a $21.26MM cap charge for 2019/20, the final year of his four-year contract, but that figure is only partially guaranteed for about $15.64MM. That will save the Heat some money next year, and they could reduce Anderson’s cap hit by $10MM+ more if they elect to release him and stretch his contract by July 10.

It’s hard to imagine Anderson will have a role in a crowded Heat rotation, but the Suns presumably plan to feature Johnson. He’s not a traditional point guard, but Johnson is capable of handling the ball and Phoenix – which lacks an answer at the point – will likely give him a chance to do so.

Photo courtesy of USA Today Sports Images.

Raptors Trade Malachi Richardson To Sixers

2:03pm: The trade is official, the Sixers and Raptors have confirmed in press releases.

1:43pm: A pair of Atlantic Division rivals have agreed to a trade one day after playing each other, reports Keith Pompey of The Philadelphia Inquirer (Twitter link). According to Pompey, the Sixers are acquiring shooting guard Malachi Richardson from the Raptors, along with a 2022 second-round pick and the draft rights to Emir Preldzic. Toronto will receive cash considerations in return.

Richardson, 23, was acquired by the Raptors at last season’s trade deadline in exchange for Bruno Caboclo in a cost-cutting move, and this deal appears financially motivated as well. Toronto is over the luxury tax threshold for 2018/19, and will reduce its projected end-of-season tax bill by moving off Richardson’s $1,569,360 salary.

In parts of two seasons with the Raptors, Richardson appeared in just 23 games (4.7 MPG), averaging 1.4 PPG and 0.6 RPG in his very limited role. After trading him away, Toronto will have just 13 players on its 15-man roster and will have two weeks to get back up to the league-mandated minimum of 14 players.

The Raptors could make another trade before Monday’s deadline to add a 14th player, or could explore the buyout market later in the month for a veteran. Signing a player to a 10-day contract would also be an option, albeit just a temporary one — the club would have to get back up to 14 players again at some point once a 10-day deal expires.

As for the Sixers, they still have an open roster spot after letting Corey Brewer‘s second 10-day contract expire this week, so they won’t have to make a corresponding move to make room for Richardson. It’s not clear if the club envisions the former Syracuse standout filling that 15th roster spot for the rest of the season or if he’ll be waived at some point.

Preldzic, the 57th overall pick in the 2009 draft, appears unlikely to ever make the leap to the NBA at this point, so if the 76ers don’t have plans for Richardson, it looks like the 2022 draft pick will be the “prize” of this minor deal for Philadelphia.

Lakers Acquire Reggie Bullock From Pistons

FEBRUARY 6: The Lakers and Pistons have each issued a press release confirming that the Bullock trade is now official.

FEBRUARY 5: The Lakers have agreed in principle to acquire Reggie Bullock from the Pistons in exchange for Sviatoslav Mykhailiuk and a second-round pick, Frank Isola and Shams Charania of The Athletic report (Twitter links).

Detroit will receive Los Angeles’ 2021 second-round pick, tweets James Edwards III of The Athletic. The deal is expected to be finalized on Wednesday.

We relayed over the weekend that Los Angeles was one of several teams to call Detroit about the swingman. Bullock, 27, has a $2.5MM expiring contract, so he does not impact the Lakers’ cap situation for free agency this summer.

By trading Bullock, the Pistons will create a $2.5MM trade exception, per ESPN’s Bobby Marks. The Lakers will inherit Bullock’s Bird Rights (with a cap hold of $4.75MM) entering free agency his summer.

In his sixth NBA season, Bullock is averaging a career-best 12.0 PPG through 43 games and gives the Lakers some much-needed outside shooting help. He is shooting the ball at a 38.4% clip from three-point range this season, which is slightly below his career average of 39.6%.

As for the Lakers, they are parting with one of their second-round picks (47th overall) from last year’s draft. The Ukraine native has appeared in 39 games this season, averaging a mere 3.2 PPG. Per Marks, the Pistons will have until July 5 to guarantee Mykhailiuk’s $1.4MM salary for the 2019/20 season. His third season is a team option worth $1.6MM.

Assuming the trade is completed, the Pistons will move $1.5MM below the luxury tax for the season.

Photo courtesy of USA Today Sports Images.

Clippers Trade Tobias Harris To Sixers

12:02pm: The Sixers and Clippers have both issued press releases officially announcing the trade.

“We are in the unique position to contend now and we think this trade positions us well for the postseason,” Sixers GM Elton Brand said in a statement. “Tobias is one of the best three-point shooters in the NBA and possesses an innate ability to impact the game on both ends of the floor, while Boban and Mike provide valuable skillsets, size and depth to our team. All three players bring high character to our locker room and we are excited about their fit alongside Joel, Ben, Jimmy and our entire roster.”

7:10am: The Sixers and Clippers have agreed on a six-player deal that will send Tobias Harris to Philadelphia, Adrian Wojnarowski of ESPN writes. In exchange, Los Angeles will bring back rookie Landry Shamet, two first-round picks and a number of other resources. Shams Charania of The Athletic first reported (via Twitter) that the two sides had reached a deal.

In total, Philadelphia will acquire Harris, Boban Marjanovic, and Mike Scott while Los Angeles adds Shamet, Wilson Chandler, Mike Muscala, Philadelphia’s own 2020 first-rounder, Miami’s unprotected 2021 first-rounder, and a pair of future second-rounders. The two second-round picks will be the Pistons’ 2021 and 2023 selections, per Rich Hofmann of The Athletic (Twitter link).

As for the Sixers’ 2020 first-round pick, ESPN’s Ramona Shelburne reports (via Twitter) that it will be lottery protected for three seasons, and would turn into a pair of second-round picks for 2023 and 2024 if it hasn’t conveyed after those three years.

It’s a massive swing by the 76ers, who appear to be going all-in on their current group after years of rebuilding. In Harris, they acquire a 26-year-old forward who is having the best year of his career. In 55 games for the Clippers, he averaged 20.9 PPG and 7.9 RPG with a shooting line of .496/.434/.877. All of those numbers are career highs.

Harris will join a starting lineup that already features Joel Embiid, Jimmy Butler, Ben Simmons, and J.J. Redick, giving the Sixers arguably the most talented starting five in the East. Meanwhile, Scott and Marjanovic will help replace some of the frontcourt depth Philadelphia has sacrificed by trading Chandler, Muscala, Dario Saric, and Robert Covington this season.

Harris is on an expiring contract and will become an unrestricted free agent this summer, but the Sixers intend to be “aggressive” in re-signing him to a new deal, sources tell Wojnarowski. The plan in Philadelphia is to secure the team’s Big 4 of Embiid, Butler, Simmons, and Harris long-term, regardless of luxury tax concerns, according to ESPN’s Zach Lowe (Twitter link).

Of course, as Lowe observes in a follow-up tweet, having both Butler’s and Harris’ Bird Rights in free agency this offseason will give the Sixers some leverage negotiating with each player. If the franchise ultimately does re-sign both players and gives Simmons a maximum-salary extension, the Big 4 would likely cost approximately $120MM by the 2020/21 season, Bobby Marks of ESPN observes.

As for the Clippers’ side of the deal, while Harris had been great for the team since coming over in last year’s Blake Griffin blockbuster, he isn’t at the top of the organization’s wish list for 2019 free agency. As such, the club was comfortable giving up his Bird Rights in exchange for long-term assets.

By acquiring Shamet and two more first-round picks, including an unprotected 2021 Heat selection that could end up being pretty valuable, the Clippers have added more strong trade assets that could be used in pursuit of a star down the road.

Although the Clippers were one of the clubs on Anthony Davis‘ reported four-team wish list, L.A.’s front office didn’t make this trade with the primary objective to go after Davis, league sources tell Wojnarowski. Still, if the Clips pursue a player like AD or another star this week or in the offseason, their new assets will probably be more intriguing to a rebuilding team than Harris would have been.

Harris ($14.8MM), Marjanovic ($7MM), and Scott ($4.32MM) are all on expiring contracts, as are Chandler ($12.8MM) and Muscala ($5MM). However, the Clippers will actually add a little money to their books for 2019/20 by taking on Shamet, who is on his rookie contract and will earn just under $2MM in 2019/20.

Even after that modest addition to their cap, the Clippers will be in a good position to create the space necessary for at least one maximum-salary player in July. According to Marks, the Clippers should have about $37MM in room, and could increase that number to $49MM by waiving Avery Bradley. If they could find a taker for Danilo Gallinari, that figure would further increase to $70.7MM, which should be enough for two max slots.

The ramifications of this blockbuster deal on both conferences could be significant. In the West, the Clippers currently hold the No. 8 seed at 30-25, but the Kings and Lakers remain in hot pursuit of a playoff spot. Without Harris, the Clips’ playoff chances will dip, which in turn will reduce their odds of hanging onto their 2019 first-round pick — that selection is owed to the Celtics, but is lottery protected.

Meanwhile, in the Eastern Conference, there’s a clear group of four teams at the top of the postseason race, with the Sixers joining the Bucks, Raptors, and Celtics. It will be interesting to see whether any of those other contenders respond with moves of their own before Thursday’s deadline.

In his analysis of the trade, ESPN’s Tim Bontemps notes that Milwaukee may have already made its most significant move, acquiring George Hill earlier in the season, and Boston may save its assets for an offseason run at Davis. That leaves the Raptors as the most intriguing wild card over the next couple days. Toronto has been aggressive on several fronts, tweets Chris Mannix of SI.com.

Finally, one more cap-related note on this swap: The Clippers have multiple options for how to structure the deal, but one approach would see them create a $9.8MM traded player exception. Philadelphia won’t be able to generate a new TPE in the trade.

Austin Kent contributed to this story.

Photo courtesy of USA Today Sports Images.