- The Wizards are comfortable with their decision to retain small forward Otto Porter and exceed the luxury-tax apron, Chase Hughes of MidAtlantic.com reports. Porter’s four-year, $106MM contract currently puts the team on course to pay $11.4MM in luxury tax but majority owner Ted Leonsis is willing to do that for a playoff team, as he told Hughes. “You have to be in the tax, but you’re keeping the team together,” he said. “That was a worthwhile thing to do.”
While the Wizards had an expensive offseason which mostly centered around maintaining the current core intact, it was also a successful offseason, Candace Buckner of the Washington Post writes. John Wall signed a designated veteran player extension, the Wizards matched Otto Porter‘s offer sheet to retain him, and Bradley Beal is already signed to a long term contract.
Washington is coming off a season in which the team made waves in the playoffs, defeating the Hawks in the first round before falling to the Celtics in a thrilling seven game series. As team majority owner Ted Leonsis explained to Bucker last week, this is the opportune time to lock up the team’s foundational pieces.
“They’re entering their prime while some other players are getting older,” Leonsis said. “I think we feel really good about keeping this core together.”
As Bucker adds, the Wizards have committed over $404MM in salary to Wall, Porter, and Beal. However, those deals are calculated ones as ownership has made it clear it intends to compete and keeping talented fixtures who have shown improvement each season are the type of players worth the investment. After finishing as the fourth seed in the East last season, the Wizards are in a position to make more strides in a weakened conference.
Below are additional notes around the Southeast Division:
- The Orlando Magic‘s depth signings of to Jonathon Simmons, Shelvin Mack, Arron Afflalo, and Marreese Speights shows the team is committed to winning as much as possible, Josh Robbins of the Orlando Sentinel writes.
- After a strong Summer League performance, swingman DeAndre’ Bembry has made people around the Hawks and the league wonder if he’s poised for a breakout, Alex Kennedy of Hoops Hype writes.
- Former Knicks assistant coach and Kristaps Porzingis favorite, Joshua Longstaff, has been named head coach of the G-League’s Erie Bayhawks, the team announced.
- The Wizards won’t have a G League affiliate this year, but one will be in place for the start of the 2018/19 season. As Chase Hughes of CSNMidAtlantic.com outlines, team owner Ted Leonsis recently provided some information on that process, suggesting that details on Washington’s G League team name and branding should be announced this fall.
John Wall, who signed a four-year, $170MM extension with the Wizards this offseason, said the decision to stay in Washington was an easy one to make, Chase Hughes of Comcast Sportsnet relays.
“Returning to the only team I’ve known in my professional career was an easy decision for me,” Wall said. “…I understand my role as the leader of this franchise and I will continue to work hard to improve my game and make our team better. Washington, D.C., is my second home and I take seriously my efforts in the community and look forward to strengthening that bond. Our fans are amazing and I’m excited to bring them and this city continued success and a team they can be proud of.”
Here’s more from Washington:
- Owner Ted Leonsis believes the Wizards will be title contenders after locking up Wall long-term, Hughes passes along in the same piece. “This signing means stability for the Wizards for years to come and solidifies our commitment to drafting and then developing talent here at home. It’s John’s unique blend of skill and leadership that makes us a championship-caliber team,” Leonsis said.
- The team brought back Otto Porter on a four-year, $106.5MM deal this summer and part of the reason for the move was to maintain continuity, Leonsis added (via Hughes in a separate piece). “The data points are, for the most part, the teams whose core has stayed together have good results,” Leonsis said.
- With Wall sticking around long-term, the Wizards have a clear vision for the future, Zach Rosen of NBA.com argues. Rosen adds that Scott Brooks is known as one of the best developmental coaches in the league, which should help to maximize the team’s talent.
JULY 26, 5:07pm: The signing is official, according to the NBA’s transactions log.
JULY 21, 9pm: The Wizards have agreed to sign guard John Wall to a four-year, $170MM extension, David Aldridge of TNT tweets. The deal will include a fourth-year player option and trade kicker that ESPN’s Adrian Wojnarowski adds will be worth 15%.
The extension will take effect in 2019, at which point the All-Star’s current deal will expire. Wall signed a five-year max extension back in the summer of 2013 just prior to the NBA’s salary cap skyrocketing on the heels of a new TV deal.
As Zach Lowe of ESPN adds, one point worth noting is that this was a good time for Wall to lock in the extension. If he didn’t make an All-NBA team in 2017/18 as he did in 2016/17, Wall would miss out on being eligible for the designated veteran extension supermax. The new contract mechanism rewards the league’s superstars, opening them up to a higher tier compensation.
In 2016/17, Wall raised his game to a new level, playing a major role in the Wizards clawing their way back to contention in the Eastern Conference. The 26-year-old posted 23.7 points and 10.7 assists per game in 78 games.
Wall’s major contract extension puts the Wizards in a precarious financial position, although the money that they’ve committed is primarily tied up in their own core. Per Bobby Marks of ESPN, Washington has $126MM, $126MM, $108MM and $98MM locked up over the next four respective seasons.
Photo courtesy of USA Today Sports Images.
While Chris Paul and J.J. Redick were the most notable departures for the Clippers this offseason, the team also lost Jamal Crawford, who became a roster casualty when the club needed to move salary in order to complete a sign-and-trade deal for Danilo Gallinari.
Speaking to Alex Kennedy of HoopsHype, Crawford spoke about the Clippers’ decision to trade him, his accelerated free agency process, and his decision to sign with the Timberwolves. Kennedy’s whole transcript is worth checking out, as is the corresponding podcast with Crawford, but here are a few of the veteran guard’s notable comments from their conversation:
On whether he was surprised by being traded:
“I did feel somewhat blindsided. I mean, we all knew this could potentially happen. We knew that it could be a very different team. Paul [Pierce] was retiring and we had so many free agents, from Blake [Griffin] to Chris to J.J. to Luc Mbah a Moute – that was four of our five starters. We knew that things might look different, but we didn’t think it would go to this magnitude and play out the way it did. … But this is a business. That’s life in the NBA. You have to just roll with the punches and make the best out of every situation.”
On why he strongly considered the Wizards or Cavaliers before joining the Timberwolves:
“With Washington, I felt like with them almost going to the Eastern Conference Finals last year – going to Game 7 [against the Celtics] – they’re a team on the rise. People don’t know this, but I was actually really close to signing with them last year before I decided to re-sign with the Clippers.
“Then, with Cleveland, they’ve obviously been the best team in the East over the last few years. Obviously having LeBron [James] there, having Kyrie Irving there [makes it attractive]. I’ve known Kyrie for a long time as well. They have all those guys there and they have Ty Lue, who I played for when he was an assistant coach on the Clippers. They also have Larry Drew as an assistant coach and I’ve played for him too. I had a lot of connections there and then just with how good they are, it’s intriguing. I mean, going to the last three NBA Finals speaks for itself.”
On the mutual interest between Crawford and the Lakers:
“They were one of the first teams to reach out once the buyout and everything was clear. They were really, really interested and I was interested too. I feel like they’re a team that’s on the rise and I think Rob Pelinka and Magic Johnson are going to do great things.
“It made sense with my family already being in L.A. They wouldn’t have to adjust much and they could have the same routine, the same lifestyle, so that was all interesting to me. But after [the early talks], they started looking other places and I started looking at other teams and it kind of fizzled out a bit. They were a team I was really interested in early on, and they showed interest as well, but they wanted to be patient and see how some things played out. And, as you know, things can move really fast and I didn’t feel that I had the time to be able to wait for them.”
On choosing the Timberwolves:
“It was a tough call, but I knew it was the right call. Once I decided that this was it, I felt really, really good about my decision.
“I think we can be one of the best teams out there. I really do. We have to prove it, and it’s obviously been a long time since they’ve been in the playoffs. We know that we have a lot of work to do and that this won’t be easy because the West is stacked, as everyone knows. But for us, we’re really embracing the journey.”
Otto Porter re-signed with the Wizards on a massive, four-year, $106MM this offseason. Although he’ll likely remain the third option on the team—behind John Wall and Bradley Beal—owner Ted Leonsis is happy to hand the small forward that kind of deal, as he tells Michael Lee of The Vertical.
“The market spoke, I said, ‘Done,’ ” Leonsis said about Porter’s deal. “There’s not that many transformative free agents out there and a lot of teams are paying a lot of money on free agents and they’re not quite sure how it’s going to work. I felt keeping Otto, maxing Otto, was way lower risk than saying, ‘Let’s let him go and we’ll get someone in free agency.’ I get a lot of emails, a lot of tweets, ‘Cut him loose!’ Oh, really? The coach loves him, teammates love him, he’s one of the best 3-point shooters in the league. Cut him loose? No. That’s not in the plan.”
Here’s more from Washington:
- The Wizards are the first team to give out three max contracts to players who were drafted and developed by a single franchise, Michael adds in the same piece. Leonsis envisioned this feat for the organization years ago. “For us, if you articulate a strategy of, ‘We’re going to be bad and we’ll get high draft picks,’ and you realize NBA players come into their prime at 26, 27 years old, you’re hoping that this happens,” Leonsis said. “The worst thing that happens, you use a high pick, he’s a restricted free agent and you’re debating, ‘Do we want to keep him? Is he worth that?’ I said, ‘We want to be a ‘have’ team. ‘Have’ teams do whatever they want.”
- Wall and Wizards have a partnership that’s rare in today’s NBA, Chase Hughes of Comcast Sportsnet contends. Hughes argues that the point guard has a devotion to the franchise as well as the City of Washington that’s isn’t typical with the current free agency landscape. Wall recently agreed to a four-year, $170MM extension with the team.
The Wizards reportedly offered John Wall a four-year, $170MM extension this offseason, though the point guard has yet to sign the agreement. Owner Ted Leonsis believes it’s only a matter of time before Wall commits to the franchise long-term, as Candace Buckner of The Washington Post relays.
“I told everyone that when John was coming off his rookie contract, we would sign him and he would be our bedrock player,” Leonsis said. “…I told everybody that we would keep Bradley Beal, and already everyone is talking about the [Wall] extension. So my prediction is John Wall will sign his extension. He wants to be here and my goal is to have no drama.”
Washington has become a tax-paying team for the first time in franchise history after re-signing Otto Porter to a $106.5MM deal. Leonsis added that he will continue to spend in order to keep the team’s core together.
“I think we’ve proven that we have as much resources and as much tools as anybody in the league and we’re in the tax,” Leonsis said. “We’ll spend whatever we need to get better, but we’re going to get better by keeping our core together and then adding to it.”
Wall entered the offseason knowing that an extension offer could be coming, though he reportedly wanted to see the front office’s plan for the future before committing to a long-term deal. In addition to bringing back Porter, the organization added Jodie Meeks, Mike Scott, and Tim Frazier to a bench unit that was arguably the team’s biggest weakness last season.
Last offseason, the team chased numerous big name free agents with its cap space and handed out lucrative deals to Ian Mahinmi, Jason Smith, and Andrew Nicholson. None of the three made a major impact during the 2016/17 season, but Leonsis believes this offseason’s moves, though not as flashy, will help the team even more.
“This offseason was much more settled,” Leonsis said, “but I think we’ll be much more successful than last year.”
Wizards owner Ted Leonsis was in attendance today at a press conference to re-introduce Otto Porter, and in addition to discussing his newest maximum salary player, Leonsis also addressed another one of the club’s potential max deals. According to Candace Buckner of The Washington Post (Twitter link), the Wizards owner said that he expects John Wall to sign a Designated Player Extension to remain in D.C.
Like the Thunder did with Russell Westbrook, the Wizards put a DPE offer on the table for Wall when the new league year began. Both players are eligible for the super-max extension under the league’s new Collective Bargaining Agreement after earning All-NBA honors this past season.
Wall still has two years left on his current deal, which pays him just over $18MM in 2017/18 and $19MM in ’18/19. A Designated Veteran Extension would go into effect for the 2019/20 season and would keep him locked up for another four years. It would start at 35% of the salary cap, which is currently projected to be $108MM.
That projection could – and likely will – change by the summer of 2019, but based on the current estimations, a four-year extension for Wall would be worth more than $169MM from 2019/20 through 2022/23 — the same amount as James Harden‘s new deal over that four-year stretch.
While that’s a mammoth offer, Wall has thus far been noncommittal to actually signing it. When word first broke that the Wizards would offer Wall a Designated Player Extension, the star point guard suggested that he wanted to take his time to consider the team’s direction and mull the decision.
“I just want to kind of see what they do throughout free agency, talk to my family, talk to my agency and my managers and see what we want to do,” Wall said last month. “It’s definitely a place I want to be … I’ve just got to make sure things are going in the right direction, and make sure we are building the team in the way we want to be, and don’t get locked up in a situation where you might not feel comfortable … But I love being in Washington, I love playing there, and there’s not another city I’d really want to play for.”
Word out of Oklahoma City has suggested that local reporters expect Westbrook to sign his DPE at some point in the coming weeks or months, and Leonsis’ comments today indicate he expects Wall to do the same for the Wizards. Both point guards can finalize those extensions at any point before the regular season begins, so there’s no urgency to get them done right away.
Dion Waiters is for all intents and purposes the man who replaced Dwyane Wade as the Heat‘s shooting guard in Miami. After inking a four-year, $52MM pact recently, he will be the franchise’s immediate fixture in the lineup and the community. Yet, if Waiters has his way, Wade will eventually join him back home in Miami, Barry Jackson of the Miami Herald writes.
Waiters, 25, came into his own with the Heat in 46 games last season, averaging 15.8 PPG and 4.3 APG while playing over 30 minutes per game. As Waiters tells Jackson, he’s admired Wade from afar and made his desire to learn from the longtime Heat legend this offseason.
“We’ve got the same initials, our games are similar,” Waiters said. “Difference is, he’s got them three rings. He’s a Finals MVP. Top three best shooting guards all time. I’m chasing that. He’s one of my favorite players, one of the players I idolized my game after. When he’s playing against me, I’m checking things he’s doing.”
Wade, 35, has an option for $24MM for 2017/18 but the Bulls are not interesting in pursuing a buyout at this time. If Wade does end up on the open market, a reunion with the Heat seems like a possibility and one that Waiters — whose social media has hinted at his desire to play with Wade — would be rooting for.
Here are additional notes surrounding the Southeast Division:
- When picking a destination this offseason, Jodie Meeks knew playing alongside John Wall and under head coach Scott Brooks was an appealing scenario, CSN Mid-Atlantic’s Chase Hughes writes. The Wizards won 49 games last season and with a productive, young core in the nation’s capital, Meeks will have a chance to be part of a winning team next season.
- Magic president Jeff Weltman told media in a recent Q and A that his team is still looking for shooting upgrades, per Josh Robbins of the Orlando Sentinel (via Twitter).