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Bulls Exercise Options On Markkanen, Dunn, Valentine

October 30th, 2018 at 11:57am CST by Luke Adams

The Bulls have exercised their 2019/20 team options on three players, announcing today in a press release that Lauri Markkanen, Kris Dunn, and Denzel Valentine have all had their salaries guaranteed for next season.

Dunn and Valentine were 2016 draft picks, so their options for 2019/20 are for the fourth and final year of their respective rookie scale contracts. Dunn’s will have a cap charge of $5,348,007, while Valentine’s is worth $3,377,569. Both players will be eligible for rookie scale extensions during the 2019 offseason before entering the last year of their rookie deals. If they don’t sign extensions, they’ll remain on track for restricted free agency in 2020.

Markkanen’s $5,300,400 option is for his third year, meaning the Bulls will have one more option decision to make on his rookie contract next October. He won’t be extension-eligible until 2020.

Unfortunately for the Bulls, all three of these young players are currently injured, with Markkanen sidelined by an elbow injury, Dunn recovering from an MCL sprain, and Valentine battling an ankle issue. Barring setbacks, all three players could get back on the court for Chicago within the next four or five weeks.

Nuggets To Pick Up Malik Beasley’s Option

October 29th, 2018 at 3:00pm CST by Luke Adams

The Nuggets will exercise their 2019/20 team option on Malik Beasley in advance of Wednesday’s deadline, reports Michael Scotto of The Athletic (Twitter link).

It’s a fourth-year option for Beasley, who was the 19th overall pick in the 2016 draft. By picking it up, Denver will lock in his $2,731,714 cap hit for next season.

Beasley, who turns 22 next month, played sparingly in his first two seasons in Denver. He’s picking up a little extra playing time so far in 2018/19, averaging 4.8 PPG and 1.6 RPG in 12.2 minutes per contest. All of those numbers would be career highs.

The Nuggets have several option decisions to officially finalize by Wednesday’s deadline. Jamal Murray and Juan Hernangomez look like locks to have their fourth-year options exercised, but Tyler Lydon‘s third-year option is more of a question mark.

Sixers Pick Up Options On Simmons, Fultz, Saric

October 29th, 2018 at 1:25pm CST by Luke Adams

The Sixers have exercised their 2019/20 team options on Ben Simmons, Markelle Fultz, and Dario Saric, sources tell Shams Charania of The Athletic (Twitter link). Those decisions, which were due on October 31, don’t come as any surprise.

Simmons’ fourth-year option will lock in his $8,113,930 cap hit for 2019/20, though it’s Fultz’s third-year option, worth $9,745,200, that is the priciest of the bunch. Saric’s fourth-year option is more modest, with a value of $3,481,986. In total, the three options will tack on about $21.34MM in guaranteed money to Philadelphia’s cap for next season.

Simmons and Saric are now on track to become eligible for rookie scale extensions during the 2019 offseason. The 76ers will have to make one more option decision on Fultz, with that decision on his 2020/21 option due a year from now.

Philadelphia must make one more rookie scale option decision by Wednesday, with Furkan Korkmaz‘s $2,033,160 third-year option for 2019/20 also outstanding. A recent report suggested that option was a good bet to be exercised, but if the team announces its decisions on the other three options without mentioning Korkmaz, that won’t bode well for him. The cap hit on his option wouldn’t be much higher than the minimum salary, but declining it would help the Sixers maximize their cap space.

We’re tracking all of the 2019/20 rookie scale option decisions right here.

Thunder Exercise Option On Terrance Ferguson

October 29th, 2018 at 11:52am CST by Luke Adams

The Thunder have exercised their 2019/20 team option on Terrance Ferguson‘s rookie contract, the team announced today in a press release. The move locks in Ferguson’s $2,475,840 cap hit for next season.

Ferguson, the 21st overall pick in the 2017 draft, appeared in 61 games for the Thunder in his rookie season, averaging 3.1 PPG in 12.5 minutes per contest. The Tulsa native has moved into a starting role this year with Andre Roberson still sidelined, but has struggled in the early going, posting just 2.8 PPG on .273/.077/.500 shooting in 20.8 MPG. Still, he’s just 20 years old and his affordable contract provides value for an Oklahoma City team above the luxury tax line.

Interestingly, the Thunder’s announcement today doesn’t mention Timothe Luwawu-Cabarrot, who has a fourth-year 2019/20 option worth $2,529,684. Oklahoma City has until Wednesday to pick up that option, but teams often announce all their rookie scale option pickups at the same time, so the club may be opting to make Luwawu-Cabarrot an unrestricted free agent next summer.

Cavs Pick Up 2019/20 Option On Ante Zizic

October 29th, 2018 at 11:04am CST by Luke Adams

The Cavaliers have exercised their third-year option on center Ante Zizic, a source tells Chris Fedor of Cleveland.com. The team had until October 31 to pick up the option, which guarantees Zizic’s salary for the 2019/20 season.

Zizic, 21, was one of the players acquired by Cleveland in last year’s Kyrie Irving blockbuster. The Croatian big man didn’t see much action in his rookie season, but could be in line for a larger role in 2018/19, particularly if the Cavaliers go into full-fledged rebuild mode. So far this season, Zizic has posted 3.4 PPG and 2.0 RPG in five games (7.2 MPG).

With veteran players occupying many of the roster spots in Cleveland, Zizic’s was the only rookie scale option decision the Cavs had to make by this fall’s deadline. The move will add another $2,281,800 in guaranteed money to the club’s books for next season.

Cleveland will have one more option decision to make on Zizic by October 31, 2019. Assuming the team exercises his fourth-year option for 2020/21 before that deadline, the young center will become extension-eligible during the summer of 2020 and would be on track for restricted free agency in 2021.

We’re keeping tabs on all of the 2019/20 rookie scale option decisions from around the NBA right here.

Cavaliers Fire Tyronn Lue

October 28th, 2018 at 11:49am CST by Arthur Hill

1:44pm: The Cavaliers have made the firing of Tyronn Lue official, confirming the news in a press release. The team also confirmed Larry Drew will take over as interim head coach.

“This was a very difficult decision. It is especially so, considering Coach Lue’s time with us over the last four years, including four straight trips to the NBA Finals,” general manager Koby Altman said. “We have respect and great admiration for Ty, not only as a coach, but a person. We thank him for the many ways he has contributed to our success, wish him the best and he will always be remembered for leading a very special Cavs team back against the odds to win the title in 2016. This is a different team equation, though, and one that we felt needed a different voice and approach that required this change.”

10:14am: After an 0-6 start, Tyronn Lue has been dismissed as head coach of the Cavaliers, tweets Joe Vardon of The Athletic. The decision was announced following a meeting this morning between Lue and GM Koby Altman (Twitter link). Assistant Larry Drew will serve as interim coach while the team looks for a replacement, according to ESPN’s Adrian Wojnarowski (Twitter link).

Drew will run practice today, and Altman and owner Dan Gilbert are hoping he will accept the interim job with a chance to earn a full-time head coaching position, Wojnarowski tweets. However, Drew is hoping for a longer commitment right away.

Lue compiled a 128-83 record after replacing David Blatt midway through the 2015/16 season. He led the organization to its only championship and took the Cavs back to the NBA Finals the past two seasons. Lue received a five-year, $35MM contract extension after winning the title in 2016 and is still owed about $15MM (Twitter link).

Of course, that was with LeBron James, who departed for the Lakers in free agency over the summer. Cleveland was expected to have a difficult transition with James gone, but the front office had hoped enough veteran talent was still in place to contend for the playoffs. The organization gave a four-year extension to Kevin Love over the offseason as a sign that it wasn’t ready to start rebuilding.

However, the Cavaliers got off to a miserable start, not only losing their first six games, but struggling to remain competitive. The team hasn’t held a lead after halftime all season and has trailed by at least 16 points in every game, Vardon noted in a recap of Saturday’s loss to the Pacers. The Cavs have been especially bad at home, where they have dropped three games by a combined 50 points.

Lue urged patience after the latest defeat, contending there’s more to building success than just the team’s record.

“I don’t think you define culture off of wins and losses,” he said. “I think you define culture on how the organization is a class-A organization, and with Dan Gilbert at the helm, it’s always going to be that way. I think it’s about the players you bring in. It’s about your coaching staff and who you surround the people with, so, culture is not defined by wins and losses.”

Cavaliers players are angry about the decision to replace Lue and some are reacting on social media, Vardon relays in a full story on the move. Love posted a photo of him with Lue on Instagram along with a message thanking his former coach for all his help. Lue and Altman have been clashing on the direction of the team since training camp, Vardon adds.

Altman wanted to devote more playing time to younger players such as Cedi Osman and first-round pick Collin Sexton, and after two early losses Lue and Altman told veterans J.R. Smith, Kyle Korver and Channing Frye that their minutes were being reduced. However, after being embarrassed by the Hawks in their home opener, Lue decided to put Korver and Smith back in the rotation.

The Cavs have also dismissed assistant coach Damon Jones, according to Shams Charania of The Athletic (Twitter link).

Photo courtesy of USA Today Sports Images.

Kings Exercise Options On Five Players

October 26th, 2018 at 6:31pm CST by Dana Gauruder

The Kings showed their commitment to the youth movement by exercising the rookie scale options on five players — guards De’Aaron Fox and Buddy Hield, small forward Justin Jackson and big men Harry Giles and Skal Labissiere, according to a team press release.

Teams have until the end of the month to make rookie scale option decisions but Sacramento beat the deadline by nearly a week. The biggest salary commitment, due to his status as the fifth overall pick in the 2017 draft, goes to Fox. He’ll have a salary just shy of $6.44MM for the 2019/20 season. Hield’s fourth-year option will result in a $4.86MM cap hit.

Jackson’s third-year option is worth $3.28MM while Giles will make approximately $2.58MM. Labissiere’s fourth-year option will cost nearly $2.34MM.

All of those affirmative option decisions were expected with the possible exception of Labissiere’s contract. However, he’s off to a productive start this season, averaging 8.5 PPG and 4.7 RPG.

Fox is emerging as one of the cornerstones of the franchise, averaging 17.6 PPG, 6.6 APG and 1.4 steals through five games during his sophomore campaign. Hield is scoring at a 14.0 PPG clip thus far while making 43.2% of his 3-point tries. Jackson has posted 9.0 PPG, 5.0 RPG and 1.6 APG, while Giles is averaging 3.8 PPG and 3.0 RPG while working his way back from major knee issues.

You can find all the rookie scale option decisions around the league here.

Bulls Sign Shaquille Harrison, Waive Omer Asik

October 21st, 2018 at 11:16am CST by Arthur Hill

OCTOBER 21, 11:16am: Harrison has been signed and Asik has been waived, the Bulls announced on their website. Chicago has the option of stretching the remaining $3MM it owes Asik over the next three seasons, notes Bobby Marks on ESPN Now.

OCTOBER 20, 6:13pm: Sources tell Darnell Mayberry of The Athletic that Asik will be waived (Twitter link). Harrison will receive a standard contract rather than a two-way deal, according to Charania.

OCTOBER 20, 6:06pm: The Bulls may waive veteran center Omer Asik to make room for Harrison, tweets K.C. Johnson of The Chicago Tribune. Asik’s $11,286,516 contract for this season is fully guaranteed, but he only has a $3MM guarantee on his $11,977,527 salary for 2019/20. Chicago was hoping he might be useful in trade talks, but may decide that opening his roster spot is more valuable. The 32-year-old has been away from the team with inflammatory arthritis and there’s no timetable for him to return. He played just four games after being acquired in a trade with the Pelicans in February. However, Johnson adds that a final decision hasn’t been made.

OCTOBER 20, 5:47pm: Shaquille Harrison, who was waived by the Suns earlier this week, will sign with the Bulls, tweets Shams Charania of The Athletic. Harrison traveled to Chicago this weekend in anticipation of the move, Charania adds.

Harrison, who was part of the final cuts in Phoenix on Monday, played 23 games for the Suns during his rookie season, averaging 6.6 points and 2.4 assists per night. With no established point guards on the roster, he was given a shot at winning the starting job heading into camp, but Phoenix opted to go in a different direction.

The Bulls have all 15 roster spots filled, along with both two-way slots, so a move will have to be made before Harrison can be added. Rookie guard Ryan Arcidiacono is the only player without a fully guaranteed deal.

Troy Williams Signs Two-Way Deal With Kings

October 20th, 2018 at 3:21pm CST by JD Shaw

OCTOBER 20: The signing is official, according to a press release from the team (per James Ham of NBC Sports California).

OCTOBER 18: Forward Troy Williams plans to sign a two-way contract with the Kings upon clearing waivers, according to The Athletic’s Michael Scotto (Twitter link).

Williams was waived by the Pelicans this week, with the 23-year-old holding past stints on the Grizzlies, Rockets and Knicks. He first entered the league after going undrafted in 2016, having spent three collegiate seasons at Indiana from 2013-16.

A 6-foot-7 forward, Williams has averaged 6.2 points, 2.6 rebounds and 16.9 minutes per contest on his career. He scored 34 points across four preseason games with the Pelicans before being waived, and joins a young, hungry Kings team focused on the future.

Lakers Sign Johnathan Williams To Two-Way Deal

October 19th, 2018 at 2:18pm CST by Luke Adams

Less than 24 hours after their first game of the 2018/19 regular season, the Lakers have made a change to one of their two-way contract slots, announcing today in a press release that they’ve signed power forward Johnathan Williams and waived forward Travis Wear.

Williams, who was in camp with the Lakers, averaged 6.8 PPG and 4.3 RPG in six preseason games (14.5 MPG) with the team. The Gonzaga product was released last Saturday by Los Angeles when the team initially cut its down roster down to the regular season limit, but didn’t remain a free agent for long.

As for Wear, the former UCLA standout has had multiple stints with the Lakers, appearing in 17 regular season contests for the franchise last season. The 28-year-old is a solid three-point shooter, having converted 36.4% of his three-point attempts in the NBA and 38.1% in the G League. The South Bay Lakers still hold Wear’s rights in the event he decides to return to the NBAGL, notes Adam Johnson of 2 Ways & 10 Days (Twitter link).

It’s not clear if the Lakers envision an NBA role for Williams, but it’s worth noting that the team is fairly thin at the center position, with few viable options behind JaVale McGee. Williams could get a look at the five before reporting to South Bay.