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$19.5 Million in Cash Swapped in 2015-16

Eric Pincus looks at how NBA teams have used cash in trades over the last two years.

Eric Pincus

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Prior to the NBA’s 2011 Collective Bargaining Agreement, teams could send up to $3 million in cash out in trade multiple times a season.

To level the playing field, limiting higher-budget franchises, teams are separately capped in the amount of money they can both send out and receive over the course of a season (from July 1 to June 30).  Last year’s limit was $3.4 million; the maximum for the 2016-17 season is $3.5 million.

Teams include cash in trades for a variety of reasons, including purchasing draft picks, avoiding luxury taxes (by moving off unwanted contracts) or facilitating a deal that simply needs a little extra push.

Collectively, teams swapped $19,489,635 through the 2015-16 season (July 1 through June 30).  That’s a $2 million increase over the $17,428,653 traded during the 2014-15 season.

Four franchises (the Miami HEAT, Cleveland Cavaliers, Golden State Warriors and Oklahoma City Thunder) spent the maximum of $3.4 million. The Orlando Magic, Boston Celtics and Utah Jazz were all close to the other end of the spectrum, receiving at least $3 million apiece.

Miami used their cash (in just a few of their many transactions to get under the luxury tax threshold) to pay the Celtics $1.6 million to take Zoran Dragic, $1.1 million to the Magic with Shabazz Napier and $721,300 to deal Jarnell Stokes to the New Orleans Pelicans.

The HEAT actually received $75,000 in a deal to send Brian Roberts’ salary on the Portland Trail Blazers.  Portland paid the minimum in cash allowed, in lieu of trading a player or future pick.

The Blazers also paid out $75,000 in a similar transaction with the Cavaliers, to help Cleveland move Brendan Haywood into Portland’s cap space.

Cleveland sent $934,614 with Joe Harris to the Magic, helping to reduce their luxury tax bill.  In June, the Cavaliers spent $2.5 million to acquire the 54th pick from the Atlanta Hawks, drafting Kay Felder – who has since signed a three-year, $2.5 million deal (with $1 million guaranteed over the next two seasons).

Portland paid just under half that amount, sending $1.2 million to the Magic, for the 47th pick in order to select Jake Layman (who signed for three years at $2.6 million, with $1.5 million guaranteed).

The Blazers seemingly got a steal at that price, given the Nets sent $3 million and the 55th pick (Marcus Paige) to the Utah Jazz for the 42nd pick (Isiah Whitehead).  Whitehead signed for four years at $4.6 million – his first two seasons at $2.2 million are fully guaranteed.

Golden State sent out $2.4 million to the Milwaukee Bucks to buy the 38th pick, drafting Patrick McCaw, whose two-year, $1.4 million contract is fully guaranteed.  The Warriors also paid $1 million to the Philadelphia 76ers to take on Jason Thompson’s contract.

The Thunder spent $730,441 to buy the 56th pick from the Denver Nuggets to draft Daniel Hamilton, who has yet to sign a contract.  The Thunder also paid the Nuggets $1.2 million at the trade deadline in the deal that brought Randy Foye to Oklahoma City.  The Thunder also sent $1.5 million to the Celtics to dump the contract of Perry Jones III.

Netting $16,921, the Houston Rockets were paid $456,921 by the Los Angeles Clippers to take on Josh Smith, while Houston sent $440,000 to the Nuggets for Ty Lawson.

Last summer, the Knicks paid the Magic $100,000 to help facilitate the sign and trade of Kyle O’Quinn to New York.

Finally, the Memphis Grizzlies sent $542,714 to the Charlotte Hornets in their Courtney Lee deal.

The following details the final tally in cash transactions for the 2015-16 season:

Team Spent Received
Cleveland Cavaliers $3,400,000 $75,000
Miami HEAT $3,400,000 $75,000
Golden State Warriors $3,400,000 $0
Oklahoma City Thunder $3,400,000 $0
Brooklyn Nets $3,000,000 $0
Portland Trail Blazers $1,350,000 $0
Memphis Grizzlies $542,714 $0
Los Angeles Clippers $456,921 $0
Houston Rockets $440,000 $456,921
New York Knicks $100,000 $0
Chicago Bulls $0 $0
Dallas Mavericks $0 $0
Detroit Pistons $0 $0
Indiana Pacers $0 $0
Los Angeles Lakers $0 $0
Minnesota Timberwolves $0 $0
Phoenix Suns $0 $0
Sacramento Kings $0 $0
San Antonio Spurs $0 $0
Toronto Raptors $0 $0
Washington Wizards $0 $0
Charlotte Hornets $0 $542,714
New Orleans Pelicans $0 $721,300
Philadelphia 76ers $0 $1,000,000
Denver Nuggets $0 $2,340,000
Milwaukee Bucks $0 $2,400,000
Atlanta Hawks $0 $2,465,386
Utah Jazz $0 $3,000,000
Boston Celtics $0 $3,100,000
Orlando Magic $0 $3,313,314

Miami was also a big spender through the 2014-15 season, as were the Rockets, Nets and Thunder. The Pelicans, 76ers, Jazz and Suns each received at least $2.1 million, as previously detailed by Basketball Insiders.

The Jazz have been the biggest beneficiary of cash trades over the past couple of seasons, taking in $5.8 million.

The following is a two-year view of cash transactions, including the 2014-15 and 2015-16 seasons:

Team Spent Received
Miami HEAT $5,939,424 $75,000
Oklahoma City Thunder $5,101,000 $0
Brooklyn Nets $4,880,000 $0
Cleveland Cavaliers $4,700,000 $75,000
Golden State Warriors $3,400,000 $0
Houston Rockets $2,940,000 $456,921
Portland Trail Blazers $2,850,000 $0
Memphis Grizzlies $1,861,950 $0
New York Knicks $1,600,000 $0
Los Angeles Clippers $1,386,921 $0
Chicago Bulls $1,000,000 $0
Washington Wizards $839,431 $0
Minnesota Timberwolves $344,562 $1,000,000
New Orleans Pelicans $75,000 $4,021,259
Dallas Mavericks $0 $0
Detroit Pistons $0 $0
Indian Pacers $0 $0
Los Angeles Lakers $0 $0
San Antonio Spurs $0 $0
Toronto Raptors $0 $250,000
Sacramento Kings $0 $839,341
Charlotte Hornets $0 $1,842,276
Phoenix Suns $0 $2,170,465
Denver Nuggets $0 $2,340,000
Milwaukee Bucks $0 $2,400,000
Atlanta Hawks $0 $3,015,386
Philadelphia 76ers $0 $3,900,000
Orlando Magic $0 $4,313,314
Boston Celtics $0 $4,419,236
Utah Jazz $0 $5,800,000

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NBA

NBA AM: Defensive Player of the Year Watch

It’s clear at this point in the season that Rudy Gobert should be the Defensive Player of the Year. But is there any way another player could unseat him for the award?

Dylan Thayer

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The seventh edition of The Defensive Player of the Year Watch for Basketball Insiders is here! In this week’s ranking, there’s not much change beyond the addition of the formerly-injured Philadelphia 76ers star, Joel Embiid. It’s impossible to leave him off of this list and it should come as no surprise if he ends the year as both a contender for this award as MVP. Sure, he’d have to outplay Rudy Gobert, but he’s only a streak of lockdown games away.

As the last full month of games for the NBA season gets underway, it’s time to see who else’s elite defensive play has kept them in the running.

1. Rudy Gobert (Previous: 1)

The Utah Jazz center has been the clear frontrunner for a third career Defensive Player of the Year award, as well as his third in the last four seasons. There is no denying the fact that the Stifle Tower has been the focal point of the defense throughout their unprecedented run with the best record in the NBA. When Gobert is on the floor, it’s going to be hard for an opposing player to get an uncontested shot around the rim, and his presence is a factor night-in and night-out.

Coming off a strong month of March where he averaged 3.5 blocks per game, the Frenchman has tailed off a bit, averaging only 1.6 blocks per game midway through April. While this recent downward trend isn’t lessening his case, Gobert still holds the No. 2 spot with 2.8 blocks per game.

Diving deeper into the numbers is where Gobert really shines, however. His defensive rating is 102.3 this season, second to only Jazz teammate Mike Conley, per NBA Advanced Stats. He also finds himself third in defensive win shares with 0.166. It’s clear that Gobert is the leading candidate for another DPotY, even the likely winner barring any significant setbacks to his season.

Even the center is our clear frontrunner, Ben Simmons may say otherwise.

2. Joel Embiid (Previous: N/A)

Returning from a left knee bone bruise, the 7-foot center has gotten right back to the elite level few others can match. In a matchup against the Oklahoma City Thunder, Embiid showed the NBA that he is back and out for blood. Over 27 minutes, Embiid totaled 27 points, 10 rebounds, 4 assists and 4 blocks. The star took over in a short amount of time as the 76ers trounced the Thunder 117-93 – but his defensive impact should not be taken for granted.

Stacking up against the rest of the league, Embiid ranks in the top five in three major defensive categories: defensive win shares, defensive rating and blocks per game. Embiid is just behind Julius Randle in the defensive win shares statistic with 0.149, good enough for fifth in the NBA, per NBA Advanced Stats. In defensive rating, Embiid is also fifth with a rating of 104.6, just .1 off Marc Gasol. 

If Embiid can raise these numbers more in line with Gobert, he may be able to steal the award. Think about it. Giannis Antetokoumpo was able to win the award after an unbelievable season in which he won the MVP – why can’t Embiid do it too?

3. Myles Turner (Previous: 2)

If not for the elite defensive play from Gobert and Embiid, Turner would be the de facto leader in the race. After being a rumored name on the trade market this past offseason, the decision to keep Turner in the fold has paid off for the Indiana Pacers. The league leader in blocks has managed to put together a great season on defense but the Pacers, and specifically Turner himself, have been hurt by injuries.

Where things stand right now, Turner has a sizeable lead in blocks per game with 3.5, 0.7 more than Rudy Gobert. It’s looking more and more likely by the day that Turner will once again be the leader in blocks in the NBA, a feat he also achieved in 2018-19.

While this is an outstanding feat for the young center, it won’t be enough to get him this coveted award – there’s always next season though.

4. Mike Conley (Previous: 3)

The Jazz floor general has made his impact felt this season on both ends of the floor following a down season. Many had written off Conley and bashed the Jazz for the trade as he just didn’t look like the same player, but he has completely turned that around. Needless to say, without Conley, it’s hard to imagine the Jazz having the success they have had this season. Together, Conley and Gobert have been a nightmare for opposing offenses as they constantly apply pressure to the ball. 

But the advanced statistics are what truly put Conley’s season in perspective. In the defensive rating category, Conley has been the league leader for some time now. While it has fluctuated throughout the season, he has still managed to keep an incredible 100.9 defensive rating, per NBA Advanced Stats. He also ranks second in DWS with 0.171, just .02 off the league leader, LeBron James. Conley has also been very efficient in stealing the ball as he is tied for seventh with 1.3 steals per game. 

If a guard were deserving enough for this award it would be Conley, but due to the play of the guys ahead of him, it doesn’t look like he will have the strength to win it. 

5. Giannis Antetokounmpo (Previous: 4)

The Greek Freak has a had very underrated season on defense, if not overall. He hasn’t been the topic of the MVP conversation as he was the past two seasons, but his defensive presence in the paint is undeniable. 

Antetokounmpo has averaged a stellar 1.1 steals and 1.3 blocks per game, all thanks to those incredible athletic abilities and length. He also ranks seventh in defensive win shares with a DWS of 0.139, per NBA Advanced Stats. His defensive rating of 106.6 also ranks in the top 15. 

While the Bucks have looked like a contender out of the Eastern Conference this season – their franchise cornerstone won’t be named the winner of any awards this year.

Honorable Mention: Jimmy Butler (Previous: 5)

The leader of the Miami HEAT is putting together another elite defensive season. Currently, he is the league leader in steals per game with 2.1, a lead he has held steady for weeks now. Butler ranks seventh in defensive rating with a mark of 105.4, per NBA Advanced Stats. He also ranks sixth with a DWS of 0.148. But if the HEAT surge through the last stretch of the season, Butler could earn more consideration for this prestigious award.

As the last full month of the regular season takes off, it has been clear that the Utah Jazz have the frontrunner for the DPotY award – plus another major runner-up contender to boot.

Will anyone else be able to top Gobert’s defensive output this season? It doesn’t seem likely, but anything is possible in this crazy, ever-changing landscape.

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NBA

NBA Daily: Is Mitchell Robinson’s Injury a Blessing in Disguise?

Drew Maresca explores what Mitchell Robinson’s injury means to the New York Knicks — this season and beyond.

Drew Maresca

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The New York Knicks are right in the middle of a playoff push. They are currently in the eighth spot in the Eastern Conference and they appear to be in good shape to at least qualify for the play-in tournament, 6.5 games ahead of the 11th seeded Toronto Raptors.

The Knicks have remained in the playoff picture despite starting center, Mitchell Robinson, missing 23 of the team’s 55 games.

Most recently, Robinson exited a March 27 contest against the Milwaukee Bucks in the first quarter with a broken foot. Including the March 27 game against Milwaukee, New York has won five of their last 10 games without Robinson.

As recently as last season, Robinson was viewed as the team’s answer at center – and, along with RJ Barrett, the team’s only long-term building blocks. This take has aged badly given the progress made by Julius Randle and the success had by rookie Immanuel Quickley (and to a lesser degree, Obi Toppin.)

But in celebrating the team’s present, it’s fair to question their future – does New York’s success without Robinson mean he’s expendable?

The 2020-21 season has been challenging for Robinson, who already missed 15 games earlier this year with a broken right hand. Somewhat miraculously, the Knicks have continued their strong play without Robinson In total, New York is 13-11 without Robinson and just 15-16 with him.

The timing of the injury is apropos.

The Knicks and Robinson were expected to engage in contract discussions this offseason. They still have some time to figure out a path forward, but the injury makes an otherwise straightforward contract negotiation trickier. The Knicks possess a team option for Robinson in 2021-22 for $1.8 million, which is significantly below market value for a player of Robinson’s stature.

Robinson is averaging 8.3 points, 8.1 rebounds and (a career-low) 1.5 blocks per game. He’s also averaging a career-high 27.5 minutes per game, due — in part — to his ability to avoid fouls. Robinson averaged 3.2 fouls per game last season, fouling out of seven games. He’s down to 2.8 personal fouls per game this year and hasn’t fouled out of a single contest.

A long-term agreement appeared likely between the Knicks and Robinson prior to his (presumably) season-ending foot injury. Similarly skilled, albeit more polished, players have signed significant deals in the recent past. Clint Capella signed a 5 year/$90 million deal in 2018, which is higher than what most expected Robinson to fetch — but it probably would have been referenced in negotiations.

Following the injury, a smaller deal is likely — if at all. The Knicks will probably still pick up Robinson’s option, but they could either trade him or let him play out next season without an extension. And while the Knicks must decide if they’d like to prioritize Robinson, Robinson must decide how much of a discount, if any, he’s willing to accept from New York (or anyone.) Robinson just signed with his sixth NBA agent (Thad Foucher of the Wasserman Group) and he’s expected to chase some of the money he missed out on by skipping the 2018 NBA Draft Combine and falling into the second round.

But Robinson shouldn’t push too hard in negotiations as the Knicks can just as easily turn to someone on their current roster as his replacement — and it would cost them far less in guaranteed money.

Enter Nerlens Noel. Noel has been a pleasant surprise for president Leon Rose and Knicks’ fans alike. He’s averaging 5 points, 6.3 rebounds and 2.1 blocks per game on the season; but he’s come off the bench for much of it, receiving just 23.1 minutes per game.

But even in limited time, Noel has had a major impact on the team’s defensive. He’s first in the NBA in defensive plus-minus (3.3), second in the percentage of the team’s blocked two-point field goal attempts (8.9%) and third in defensive win share (2.7).

And he’s been even better in Robinson’s absence. In his last 10 games, Noel is averaging 5.4 points, 7.4 rebounds and 2.7 blocks in 26.1 minutes per game.

Noel signed in New York for just one year/$5 million this past offseason. While that is cheap relative to other starting-caliber centers, he’s not doing anything he hasn’t done in the past. Noel is averaging fewer points, assists and steals per game while securing more blocks and essentially the same number of rebounds. So, if teams knew what Noel could do entering 2020-21, why would they pay him more next season for the same output? Unfortunately, free agency is a fickle beast and there’s no rhyme or reason as to why teams weren’t interested in like Noel last year — but the Knicks will likely have the upper hand in negotiations.

Ultimately, the Knicks’ desire to keep Noel shouldn’t influence their preference to re-sign Robinson. Remember, Robinson set the single-season record for field goal percentage last season (74.2%) and he averages greater than two blockers per game over his career. He’s an elite lob target, and he closes out on shooters better than just about anyone in the league.

Contract negotiations are a zero-sum game in which one party wins at the expense of the other. Robinson and the Knicks should enter into negotiations delicately. Robinson probably feels owed given his cumulative salary relative to his past performance, and the Knicks were probably hoping for a more concrete body of work, leading to more certainty around an offer.

The reality is that Robinson has struggled with injuries — this year and in previous seasons — and his game hasn’t developed significantly since his rookie season. He is also a very unique talent who should get even better with more time under coach Thibodeau.

So for the best possible outcome, all parties must concede.

The Knicks are best with both Robinson and Noel. As much as Robinson’s injury will hinder how far New York can go this season, it can be key in their future. If Robinson and Noel are amenable to the idea of returning at a slight discount, it can ensure their defensive excellence continues — and if it’s at the right number(s), it should allow for considerable financial flexibility to continue maneuvering.

And the Knicks haven’t been savvy maneuverers in a long time.

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NBA

NBA Rookie of the Year Watch – April 16

With under 20 games to go in the regular season, the Rookie of the Year race is becoming clearer. Tristan Tucker breaks down the ladder’s changes over the past two weeks.

Tristan Tucker

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With under 20 games to go in the NBA season, each award’s frontrunners are coming into clearer focus. A two-man race is forming at the top of the rookie ladder, with Anthony Edwards and Tyrese Haliburton leading the charge. Without further ado, let’s take a look at how the rookie race is shaking out mid-way through April.

1. Anthony Edwards, Minnesota Timberwolves (Previous: 2)

Edwards is scorching hot and he’s bumped his scoring up to 18.1 points per game on the season. Since Basketball Insiders’ last rookie ladder, Edwards eliminated all concerns of a jump shot, something that’s coming more consistently to him.

In that period of time, Edwards is averaging 23.1 points, 4.4 rebounds, 3.4 assists and 1.6 steals. The talented wing out of Georgia is shooting 36.2 percent from three and 44.4 percent overall, much improved from earlier in the season.

There are still some concerns, but Edwards has clearly made the Timberwolves a more competitive team as of late. With D’Angelo Russell back from injury, the Wolves will finally get a chance to see their young corps in action.

2. Tyrese Haliburton, Sacramento Kings (Previous: 1)

After Sacramento won seven of eight games, the team has dropped eight in a row and Haliburton moved back to the bench. During this stretch, Haliburton’s ultimately struggled with accuracy, though it hasn’t impacted his season averages.

For Haliburton, team success and overall impact on the floor is his strongest case for the Rookie of the Year award. However, now that the Wolves are much more competitive and the Kings are on the decline, Edwards is the frontrunner.

3. Saddiq Bey, Detroit Pistons (Previous: 5)

With Ball and James Wiseman sidelined, Bey seems like a good bet to be the third in line for consideration for Rookie of the Year. Bey is rising up the historical ranks for rookie three-point shooters. Bey’s 38.6 percent clip from deep on over six attempts per game would rank as the best for a rookie ever.

In the last two weeks, Bey’s averages have jumped to 15.6 points, 3 rebounds and 1.3 steals per game. Meanwhile, his shooting is up to 47.5 percent from the floor and 42 percent from deep on even more attempts.

4. Jae’Sean Tate, Houston Rockets (Previous: 3)

In a season without many consistencies, Tate’s been a diamond in the rough. Tate can do a little bit of everything, boasting good hands, high efficiency, somewhat of a deep shot and a passing vision. In the last two weeks, Tate is averaging 12.5 points, 5.5 rebounds, 3.1 assists and 1.5 steals per game while playing huge minutes.

If Houston holds onto its first-round pick this year, it’ll have an exciting young group to look forward to. Christian Wood and Kevin Porter Jr. have also shined this year, while fellow rookie Kenyon Martin Jr. looks like a steady professional already.

5. Chuma Okeke, Orlando Magic (Previous: Not Ranked)

Okeke makes his debut on the rookie ladder, cracking the top five. Originally drafted in the 2019 draft, Okeke sat out for the year and didn’t sign his rookie contract until the 2020 offseason. Following Orlando’s firesale at the trade deadline, Okeke became a full-time starter and has shined.

As a full-time starter, Okeke is averaging 12.7 points, 5.6 rebounds, 3.3 assists, 1.1 steals and 1 block per game. While the Magic is spiraling, Okeke’s been a bright spot for a team looking for franchise cornerstones.

6. Desmond Bane, Memphis Grizzlies (Previous: NR)

Bane’s been a long-range sniper all season long but he’s upped the ante in recent weeks. Since the last ladder, Bane is shooting a whopping 45.9 percent from deep on just under five tries per game.

Bane fell all the way to the last pick of the first round in the 2020 NBA Draft, giving the Grizzlies an extremely experienced rookie for the second year in a row, joining Brandon Clarke in that regard. On the year, Bane is averaging 9.6 points and 3.1 rebounds in 22.4 minutes per game.

Honorable Mention: Malachi Flynn (Previous: NR)

In the last few weeks, while Kyle Lowry heals, Flynn has stepped in nicely. During the last two weeks, Flynn is averaging 14.3 points, 4.7 rebounds, 5.9 assists and 2 steals per game. Furthermore, the 22-year-old is shooting 45.2 percent from deep on six attempts per game in that span.

Flynn’s development is extremely underrated, especially if Lowry departs in the offseason. If Flynn’s per-game numbers can be consistent, the league will be on notice.

LaMelo Ball’s injury is unfortunate for several reasons, but one of them is the fact that fans won’t get to see the fiery Rookie of the Year race near the top that could’ve been. However, fans can rest assured knowing that the NBA is in good hands. It’s especially reassuring to see so many great rookies emerge in a class that many presumed to be weaker than most.

Be sure to stay tuned to Basketball Insiders to see how the race pans out and to see who is eventually crowned the rookie champ.

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