Utah Jazz Rumors | Hoops Rumors

Celtics Officially Sign Gordon Hayward

July 14th, 2017 at 12:36pm CST by Luke Adams

JULY 14: Ten days after Hayward made his decision, he has formally signed his new maximum salary contract with the Celtics, the team confirmed today in a press release. Boston cleared the necessary cap room earlier today by waiving Jordan Mickey.

JULY 4: Gordon Hayward has made it official. In a piece for The Players’ Tribune, Hayward has announced that he has decided to join the Celtics as a free agent. Hayward will receive a four-year maximum salary contract from Boston with a player option on the final year, reports Shams Charania of The Vertical (Twitter links).

“After seven years in Utah, I have decided to join the Boston Celtics,” Hayward writes. “I know that will be tough to hear for Jazz fans — and I really want you all to know that you mean the world to me and my family. Over the past few days, I’ve been genuinely torn. And I know that this process isn’t easy on the fans, either. So I just want to be as straight-up as possible about why I’m coming to Boston.

“There were so many great things pulling me in that direction,” Hayward continued. “There was the winning culture of Boston, as a city — from the Sox, to the Pats, to the Bruins. There was the special history of the Celtics, as a franchise — from Russell, to Bird, to Pierce, and it goes on. There was the amazing potential of this current Celtics roster, as a team — from ownership, to the front office, to a talented roster with Isaiah, and Al, and everyone else. And of course, there was Coach [Brad] Stevens: Not just for the relationship that we’ve built off the court — but also for the one that we started building on the court, all of those years ago, in Indiana.”

It has been an eventful day for Hayward, as a report from Chris Haynes of ESPN indicating that Hayward planned to sign with the Celtics was shot down by other outlets, with Hayward’s agent Mark Bartelstein issuing a statement confirming that his client hadn’t finalized his decision. However, Haynes’ scoop proved accurate, with Hayward formally announcing his new team a few hours later.

By joining the Celtics, Hayward will be in line for a four-year contract worth $127,829,970, though he may end up not opting into that fourth year. By that point, he’ll have 10 years of NBA experience, which would put him in line for a new max deal worth 35% of the cap instead of his current 30%. That potential desire to opt out after year three reduced the importance of Utah’s ability to offer a fifth year.

Before they finalize the signing of Hayward, the Celtics will have to make a series of salary cap moves to create the necessary cap room for his lucrative new deal. In addition to renouncing their free agents, the C’s figure to pull Kelly Olynyk‘s qualifying offer, making him an unrestricted free agent. Jordan Mickey and Demetrius Jackson are candidates to be waived, and Boston will likely have to make at least one trade — Marcus Smart, Avery Bradley, Terry Rozier, and Jae Crowder are among the candidates to be moved. Teams are already engaging the Celtics on possible deals, tweets Chris Mannix of The Vertical.

By adding Hayward, the Celtics made a big free agent splash for the second straight summer, having signed Al Horford a year ago. The team wasn’t able to land a second star like Jimmy Butler or Paul George via trade, but the reigning No. 1 seed in the Eastern Conference has added an All-Star forward in Hayward and the No. 3 overall pick in Jayson Tatum, and still has a collection of future draft picks at its disposal, setting the franchise up very well for the future.

Hayward’s move to the Eastern Conference also comes at a time when most of the league’s stars who are changing teams are heading west. Butler is now in Minnesota, George is headed to Oklahoma City, and Paul Millsap will land in Denver. The talent drain in the East should give Hayward a clearer path to a spot in the NBA Finals, though Boston will still have to overcome LeBron James and the Cavaliers.

As for the other two teams involved in the Hayward sweepstakes, the Jazz are hit the hardest, having lost both Hayward and George Hill today. The team was able to add a replacement for Hill by acquiring Ricky Rubio last week, but replacing Hayward’s production will be much more difficult.

Still, now that they no longer need to accommodate a max deal for Hayward, the Jazz have some options. According to Michael Scotto of Basketball Insiders (Twitter link), Utah has scheduled a meeting with Wizards RFA Otto Porter. However, Utah currently doesn’t have the cap space for a max offer for Porter, and moving contracts to open up that room would be risky, since the Wizards could match any offer.

Meanwhile, the Heat have a chunk of available cap room that they can now use on other players as well. Barry Jackson of The Miami Herald reports (via Twitter) that Bartelstein, who also reps Miami free agent forward James Johnson, is “working on something” for Johnson and will talk with Pat Riley tonight.

Photo courtesy of USA Today Sports Images.

Jazz Waive Boris Diaw

July 13th, 2017 at 4:58pm CST by ChrisCrouse

The Jazz were expected to wait until the weekend to waive Boris Diaw, but the team decided not to wait and has placed him on waivers today, Shams Charania of The Vertical reports (Twitter link).

Diaw had one year left on his contract with a salary of $7.5MM for the 2017/18 season. That figure was set to become guaranteed at the end of the week and Utah was exploring trade scenarios involving the big man.

The 14-year veteran came to the Jazz in a trade last offseason and although he made 33 starts, he didn’t produce up to his normal standards. He scored 4.6 points per game, which was his lowest mark since his rookie season.

The Jazz are looking to make the playoffs for the second consecutive year and they’ve been busy adding veterans since Gordon Hayward departed. Earlier this week, the team inked Thabo Sefolosha (two years, $10.5MM), Jonas Jerebko (two years, $8.2MM), and Ekpe Udoh (two years, $6.5MM). Utah will presumably use the cap space created from waiving Diaw as well as the team’s mid-level exception to fit in those deals.

Raptors Inquire On Boris Diaw

July 13th, 2017 at 11:49am CST by Luke Adams

The Raptors have reached out to the Jazz to inquire on Boris Diaw, reports Tony Jones of The Salt Lake Tribune (Twitter links). Jones describes the contact – and any talks between the two teams – as “strictly preliminary.”

As we noted this morning, the Jazz are expected to waive Diaw within the next couple days if they can’t find a trade partner for him. His $7.5MM salary is set to become guaranteed for 2017/18 if he remains under contract beyond Saturday.

Given Diaw’s contract situation, the Raptors’ interest is somewhat confusing. Once the DeMarre Carroll trade is finished, Toronto would have a trade exception big enough to accommodate Diaw’s salary, but that would push the team into the tax, and it’s not clear why the Raptors would be willing to cross back over that threshold for a player who will likely be waived by Utah anyway.

As such, it makes sense that the Raptors would be sending out some salary of their own in any deal involving Diaw. With Carroll ticketed for the Nets and Cory Joseph on the verge of being sent to Indiana, the only salary-dump candidate left on Toronto’s roster is Jonas Valanciunas. However, I’m skeptical that the Jazz would have much interest in him, particularly since acquiring him compromise the team’s ability to finalize deals with Thabo Sefolosha, Jonas Jerebko, and Ekpe Udoh, based on the terms reported.

It’s possible the Raptors are interested in somehow pulling Diaw into the Joseph deal with the Pacers or the Carroll deal with the Nets — neither of those trades has been officially finalized yet. I don’t see any obvious motivation for that either though, so I’d be surprised if the Raptors and Jazz worked out anything involving the French forward.

Jazz Expected To Waive Boris Diaw

July 13th, 2017 at 9:34am CST by Luke Adams

The Jazz are expected to waive veteran forward Boris Diaw before his 2017/18 salary becomes guaranteed this weekend, tweets Tim MacMahon of ESPN.com. The team had been exploring trades involving Diaw’s non-guaranteed contract, and a deal is still possible, as MacMahon acknowledges (via Twitter). But an outright release appears to be the more likely outcome.

A 14-year NBA veteran, Diaw joined the Jazz in a trade last offseason, and appeared in 73 games for the team, making 33 starts. However, 2016/17 was one of the worst seasons of Diaw’s long career — his 4.6 PPG was his lowest mark since his rookie year, and his numbers in several other categories, including FG% (.446) and 3PT% (.247), were far below his career averages.

Diaw is entering the final year of his contract and had been slated to earn $7.5MM in 2017/18. However, that figure is fully non-guaranteed for two more days, meaning Utah could waive him and not be on the hook for any of it.

While Diaw’s contract would make a good trade chip, any deal involving the veteran forward would likely involve the Jazz taking back a chunk of salary. That scenario no longer looks as viable for Utah, since the club has agreed to a handful of free agent contracts that appear to require cap room.

Within the last couple days, the Jazz have agreed to sign Thabo Sefolosha (two years, $10.5MM), Jonas Jerebko (two years, $8.2MM), and Ekpe Udoh (two years, $6.5MM). Based on the reported terms, those three deals look a little too expensive to fit into the team’s mid-level and bi-annual exceptions, signaling that Utah will instead use cap space – and probably the room exception – to finalize them. Waiving Diaw would clear the necessary room.

Jazz Target Free Agents, Hope To Trade Boris Diaw

July 12th, 2017 at 5:29pm CST by Arthur Hill

After signing Thabo Sefolosha earlier today, the Jazz are looking at more moves to beef up their front line, according to Tony Jones of The Salt Lake Tribune.

Utah would like to add another forward and a center to back up Rudy Gobert, Jones relays. The Jazz are trying to trade veteran big man Boris Diaw, whose $7.5MM salary for the upcoming season doesn’t become fully guaranteed until Saturday. If they can’t find a trade partner, they are expected to waive Diaw before the end of the week.

Jones mentions three free agents that Utah is targeting: small forward Dante Cunningham, who spent last season with the Pelicans, power forward Ersan Ilyasova, who was traded from the Sixers to the Hawks at the February deadline, and center Willie Reed, who is coming off a breakthrough season as a backup with the Heat.

Jazz management is especially fond of Cunningham and Reed because they bring toughness and atleticism on defense. Cunningham is also coming off a career-best year from 3-point range, connecting on 39% from long distance.

Sefolosha, who also has a strong reputation as a defender, chose the Jazz because they utilize an international style of offense similar to what he experienced in Atlanta, Jones writes. He started 42 games for Atlanta last season, but Utah may view him as a backup to Joe Ingles.

The Jazz have two options for signing Sefolosha, who will receive $10.5MM over two years, according to a post from Bobby Marks on ESPN Now. They could remain over the cap and use part of their mid-level exception, which would allow them to keep a $3.3MM bi-annual exception and $3.2MM of the MLE. The other option is to waive Diaw and sign Sefolosha with cap room, leaving them with $6MM to spend, along with a $4.3MM room MLE.

Clippers Sign Milos Teodosic

July 10th, 2017 at 3:27pm CST by Arthur Hill

JULY 10, 3:27pm: Teodosic has officially signed his contract with the Clippers, according to a tweet sent out by his agency.

JULY 6, 1:44pm: European point guard Milos Teodosic has reached an agreement with the Clippers, tweets Adrian Wojnarowski of ESPN.com. It will be a two-year, $12.3MM contract with a player option on the second season (Twitter link).

Several teams have been in competition for the 30-year-old, who is considered to be one of the top players outside the NBA. He was reportedly seeking a three-year deal worth $25MM to $30MM, but his new contract is substantially less, at least in the first season.

The Heat, Kings, Nuggets, Jazz, Nets, Bulls and Timberwolves were among the other teams that expressed interest. Minnesota offered its room exception, but understood that he could get more money elsewhere, tweets Darren Wolfson of 5 Eyewitness News. Brooklyn decided that Teodosic’s defensive shortcomings made him a poor candidate for big money or big minutes, according to NetsDaily (Twitter link).

A star with Serbia at the 2016 Olympics, Teodosic made his current team, CSKA Moscow, one of the best in the Euroleague. He has averaged 16.1 points per game over the past two seasons and 6.5 assists over the last three. The Russian squad was hoping to keep him, but admitted that it couldn’t compete financially with NBA teams.

Teodosic’s signing may end the Clippers’ interest in Derrick Rose, who met with the team on Wednesday. With Patrick Beverley and Lou Williams already on the roster, there doesn’t seem to be any room for Rose.

NBA Teams With Cap Room Remaining

July 10th, 2017 at 11:08am CST by Luke Adams

We’re only on the 10th day of the NBA league year, but already, the number of teams with cap room still available is dwindling.

Clubs without cap room remaining could create space at some point — the Knicks, for instance, used the last of their cap room to finalize Tim Hardaway‘s offer sheet, but may try to clear salary by trading Carmelo Anthony and/or Courtney Lee. For now though, only a handful of teams have a useful amount of cap space left.

Those teams with cap room are listed below, along with an informal breakdown of what their situation looks like. Many deals haven’t yet been finalized, so these figures our based on our projections, with the help of information from Basketball Insiders and HeatHoops.

Teams with cap room remaining:

Atlanta Hawks: With agreed-upon deals for Mike Muscala and Tyler Dorsey not yet official, the Hawks retain about $18-19MM in cap room. And that’s not counting whatever amount of money Jamal Crawford was willing to give up in his buyout, so that figure may creep a little higher.
Brooklyn Nets: The Nets remain in a holding pattern with Otto Porter, but after he officially moves over to the Wizards’ books and Brooklyn completes its trade for DeMarre Carroll, the team should have about $16-17MM in cap room. The Nets could create a little more space by waiving one or more non-guaranteed players.
Denver Nuggets: Once the Nuggets’ signing of Paul Millsap becomes official, the team won’t have much cap flexibility left, though that could change if Mike Miller is waived and/or Mason Plumlee is renounced. If both of those players remain on the cap, Denver will only have about $2MM in room. If they move on from both players, the Nuggets could get up to about $11MM+ in space.
Indiana Pacers: Assuming the Pacers stretch Monta Ellis‘ salary, as has been reported, they should have in the neighborhood of $7-8MM in remaining cap room, even after finalizing the acquisitions of Darren Collison, Bojan Bogdanovic, and Cory Joseph.
Los Angeles Lakers: The Lakers have approximately $17MM in cap room left, though they’d have to renounce their remaining unrestricted free agents to make use of all that space.
Orlando Magic: The Magic could have retained their exceptions and cap holds and stayed over the cap, but it looks like they’re operating under the cap, signing Shelvin Mack with room instead of the mid-level exception. Orlando doesn’t have much space available, but could get up to $8MM+ in room by waiving C.J. Watson, and could increase that number a little more by cutting other non-guaranteed players.
Philadelphia 76ers: The Sixers’ remaining cap room will depend on the exact numbers for J.J. Redick and Amir Johnson, but it figures to be in the neighborhood of $16-17MM.
Phoenix Suns: Alex Len‘s $12MM+ cap hold is a significant factor in the Suns’ remaining cap room. If they were to renounce Len, the Suns could get up to about $23MM in room, with the ability to create even more by waiving non-guaranteed contracts. However, if they keep Len on the books, Phoenix’s cap room is below $11MM, and will be reduced further when Alan Williams‘ new deal becomes official.
Sacramento Kings: Deals for George Hill, Zach Randolph, Vince Carter, and Bogdan Bogdanovic will use up most of the Kings’ space, but the team should still have room in the $8-10MM range after those signings become official.

Teams that went under the cap, but have used all (or virtually all) of their room:

Boston Celtics
Miami Heat
Minnesota Timberwolves
New York Knicks

These teams went below the cap this summer to accommodate big-money moves. In some cases, those deals aren’t yet official, but when they’re finalized, they’ll eliminate any cap room these teams have left. A couple of these clubs have already committed their room exception to certain players, with the Celtics on track to sign Aron Baynes and the Wolves lining up a deal with Jamal Crawford.

Teams that are operating over the cap, but could create some cap room:

Chicago Bulls
Dallas Mavericks
Utah Jazz

These teams are currently operating as over-the-cap clubs in order to retain their full mid-level, bi-annual, and trade exceptions, but there could be scenarios in which it makes more sense to renounce those exceptions and dip below the cap.

In the Bulls’ and Mavs’ cases, it would likely only happen if they don’t retain top RFAs (Nikola Mirotic and Nerlens Noel, respectively). Meanwhile, the Jazz could only create up to about $12MM in room if they were to waive their non-guaranteed contracts and wait to sign Joe Ingles.

Note: Items on Indiana Pacers and Orlando Magic were edited after publication to adjust figures.

Was Gobert Utah's Leader All Along?

July 9th, 2017 at 10:58pm CST by Austin Kent

With Gordon Hayward on his way to the Celtics, it’s become clear that Rudy Gobert may have been the leader of the Jazz all along, Brad Rock of The Deseret News writes. The big man has long been more charismatic and vocal than his Beantown-bound counterpart.
The move that sent Avery Bradley from the Celtics to the Pistons has all but extinguished any hopes the Jazz had of pulling off a sign-and-trade connected to Gordon Hayward’s move to Boston, Jody Genessey of The Deseret News writes.

Jazz, Celtics Discuss Hayward Sign-And-Trade

July 7th, 2017 at 8:29am CST by ChrisCrouse

JULY 7, 8:29am: As of Thursday night, sign-and-trade talks between the Celtics and Jazz had been “dormant” for most of the day, per Adrian Wojnarowski of ESPN (Twitter link). Boston continues to explore other trade options involving Crowder, Smart, and/or Bradley.

JULY 6, 3:28pm: The Celtics and Jazz appear to be getting closer to a sign-and-trade agreement that would involve Crowder, says Mark Murphy of The Boston Herald. According to Murphy, any deal is expected to be more than just Hayward for Crowder, since the Celtics would want something else in return, but details on assets aren’t currently known.

JULY 5, 11:14pm: Hayward and his agent, Mark Bartelstein, will help facilitate a sign-and-trade, according to Jones. When asked about the possibility of making the swap, GM Dennis Lindsey said that the team “would never comment on any trade speculation.”

8:31pm: The Celtics and Jazz have engaged in discussions on a trade that involves sending Hayward to Boston via sign-and-trade in exchange for Crowder, Adrian Wojnarowski of ESPN.com tweets.

7:39pm: The Jazz are open to working out a sign-and-trade agreement with the Celtics which would send Gordon Hayward to Boston, according to Tony Jones of the Salt Lake Tribune. Jones adds that Utah is only willing to accept a deal as long as Hayward signs off on it.

The small forward agreed to a max deal with the Celtics on Tuesday, though the team currently does not have the cap space to make that lucrative of an offer. Boston is looking to deal either Jae Crowder, Marcus Smart or Avery Bradley in order to make room for Hayward.

The Celtics most likely could garner significant value in a trade for any of the aforementioned players. While it’s possible that the team sends one of the three to Utah in a sign-and-trade for Hayward, such a move would be peculiar since it could likely fetch more in a trade with another club. Jones adds via Twitter that Boston may agree to such a move if Hayward told them it was a condition for him to sign with the club.

Jazz Sign Tony Bradley To Rookie Contract

July 5th, 2017 at 6:54pm CST by Luke Adams

Shortly after announcing that Donovan Mitchell has signed his rookie contract, the Jazz announced that they’ve also locked up their other 2017 first-round pick. According to a press release from the club, former UNC center Tony Bradley is officially under contract.

Utah clearly had its eye on Bradley on draft night, having traded the 30th and 42nd overall picks to the Lakers in order to move up to two spots and nab the 19-year-old big man with the No. 28 overall selection.

Bradley, who figures to be brought along slowly by the Jazz, will get a four-year deal worth a total of nearly $8.6MM, and will have a modest $1.415MM cap hit in year one. Our chart breaking down this year’s rookie scale has the full details on his annual salaries.

Teams are securing their first-round picks to contracts quickly this year, since cap holds for those first-rounders now count for 120% of the rookie scale instead of 100%, as they did under the old CBA. That leaves little incentive for clubs to wait to sign their first-rounders to 120% contracts.

Eighteen of 30 first-round picks from 2017’s draft have already signed NBA contracts.