The Ending Contracts
With the 2017 NBA Trade Deadline approaching on Thursday, February 23 at 3 p.m. EST, there is more and more chatter in NBA circles, and the biggest questions facing NBA teams is what to do with their ending contract or possible ending contract players.
The bulk of deals done at the deadline usually involve players on expiring contracts that their incumbent teams feel could walk as unrestricted free agents or get priced out of a range that makes sense for them. While there are more than 70 players that fall into this category, there are some top tier guys worth watching and a few in the next tier that could be attractive in a trade.
Top Of The List
Stephen Curry – Golden State Warriors – $12,112,359
If there was any doubt in your mind, let’s set the record completely straight. Steph Curry is re-signing in Golden State. He’ll qualify for the new Designated Veteran contract and will ink for more than $210 million in July. As much as people in Charlotte or New York dream of Curry, it’s not likely to happen.
Chris Paul – Los Angeles Clippers – $22,868,827 – $24,268,959
The same is basically true of Chris Paul. He’ll opt out of his final $24.26 million and ink a new deal with the Clippers for north of $200 million. While Knicks fan often dream of a Carmelo Anthony-Paul tandem, it’s not going to happen. Sources close to the process said that it’s already been verbally agreed to and it’s simply a function of the calendar and the new Collective Bargaining Agreement kicking in.
Jrue Holiday – New Orleans Pelicans – $11,286,518
Several teams were hoping to pry Holiday out of New Orleans, however, with Sunday’s DeMarcus Cousins deal, the Pelicans have gone all in on this roster and are comfortable with where they stand with Holiday, mainly because they can give him the largest deal in free agency. The Pelicans are prepared to do a max or near max deal for Holiday (according to sources) and that salary value may be too rich for other suitors, especially given Holiday’s injury history. While nothing is done until it’s done, the Pelicans are prepared for the risk of losing Holiday but feel like the outcome of the season post-Cousins trade and a hefty offer could help them sway Holiday back for another deal.
Gordon Hayward – Utah Jazz – $16,073,140 – $16,736,710
One NBA executive joked recently that it was a two-horse race as it pertains to Hayward’s future, suggesting he’d only meet with the Celtics and Jazz in free agency and if he makes an All-NBA team, then the decision gets easier. Hayward has a $16.73 million player option that he is expected to decline. The Jazz will have to face the facts that Hayward can’t really commit to them long-term until this summer and he won’t know if he’ll qualify for the huge payday of a designated veteran until after the season. The Jazz are, at this point, turning away anything with Hayward attached, but there is a reality to all of what Utah will have to come to grips with. League sources doubted seriously that Utah trades Hayward and concede that although there is a risk, it will be tough for Hayward to get an All-NBA selection this year, despite being named an All-Star.
Kyle Lowry – Toronto Raptors – $12,000,000 – $12,000,000
The recent struggles with the Raptors got some NBA people wondering if Lowry would commit to the Raptors long term. Over the NBA All-Star break, it was said pretty dramatically that Lowry is all in with the Raptors and the team is prepared to get him a huge new deal this summer. It’s one of the reasons they traded for the Bird rights of Serge Ibaka, as they know full well that Lowry will garner a ton of attention, especially from his hometown Philadelphia 76ers—who have nothing but cap space. They also have nothing to lose in throwing a full max offer starting at $30.6 million on the table. Sources close to the Raptors said this weekend there was almost no scenario in which the Raptors wouldn’t pony up the money unless Lowry told them directly that he does not want to be there. Today, though, that is not the case. Lowry does have a player option worth $12 million, but he is obviously expected to decline it.
Derrick Rose – New York Knicks – $21,323,252
The New York Knicks could trade Derrick Rose before the deadline (maybe to Minnesota). League sources have said he is completely available. The problem is that he’s owed so much as a salary cap charge, moving him would be hard. There have been more than a few insiders that wonder if the Knicks would take on some salary in exchange for moving Rose as a mechanism to obtain a player they maybe missed out on signing. However, Knicks sources said they covet the flexibility more than any of the players the Knicks could obtain at the deadline. It’s not out of the question that Rose is ultimately moved, but it’s not viewed as very probable.
Taj Gibson – Chicago Bulls – $8,950,000
Gibson has been in the rumor mill for most of his career, so now that he’s at the end of his deal, the amusing note from Bulls sources is that ultimately, they would like to re-sign him. While on the surface that may seem comical given how long his name has been out there, the Bulls have been reluctant to move Gibson this year (although he is said to be available). League sources said it might be inevitable for the Bulls to move Gibson, mainly because there is a belief he’d like to move on in free agency and could walk from Chicago for nothing in return. While most of the chatter around the Bulls has been about the future of Jimmy Butler, Gibson might be the only guy they seriously move.
Greg Monroe – Milwaukee Bucks – $17,145,838 – $17,884,176
The Monroe situation is one worth watching, mainly because the Bucks have shopped him aggressively for over a year. The fact that he has a player option on his deal makes extracting trade value for him a little tough, but with the deadline upon them, the Bucks need to decide whether to cash him out or risk him walking away for nothing. The Bucks’ stance on Monroe was that they found a groove for him, but with the chance at losing him for nothing, he’s a name to watch as the deadline approaches.
George Hill – Utah Jazz – $8,000,000
The general vibe from the Jazz is they will re-sign Hill in the offseason, but like many of the players on this list, there is a risk that Hill walks away. Sources close to the Hill situation say he’s really happy in Utah and staying long term is not at all out of the question. What becomes real for the Jazz is at what price. While the 2017 NBA Free Agency class has a number of point guards in it, most are likely to stay where they are. That may mean that Hill becomes one of the better options for teams searching for help, which means he could end up at a price point that doesn’t make sense for Utah. The Jazz do not seem open to moving Hill, but his contract situation makes him a name to watch.
Blake Griffin – Los Angeles Clippers – $20,140,839 – $21,373,952
Like teammate Chris Paul, Griffin’s next deal is all but done. One executive who tried to engage with the Clippers on a Griffin package got absolutely nowhere, saying it was not a conversation the Clippers were willing to have. Griffin has some media ventures in Los Angeles that he’s involved with and has expressed a desire to stay near them. While there was some talk of him heading to Oklahoma City, sources near Griffin said he finds the couple of games he plays there as a Clipper to be draining because of all the family and friends commitments. The idea of playing there full time is not desirable, especially considering how much the Clippers are prepared to pay him to stay in L.A.
Paul Millsap – Atlanta Hawks – $20,072,033 – $21,472,407
The Hawks kicked the tires (now twice) on trading Paul Millsap and found he’d return far less than what he brings to the team. There is a still a chance the Hawks move him before the 3 p.m. EST deadline, but during the All-Star break, more than a few people suggested Millsap may opt out of his $21.47 million option year. If he does, however, a new deal in Atlanta is not out of the question. Given that the Hawks did this same thing last year with Al Horford and lost him to the Celtics, will the Hawks play the same game twice?
Dwyane Wade – Chicago Bulls – $23,200,000 – $23,800,000
Wade’s future is far from set. If the Bulls pull the trigger on moving Jimmy Butler, there is a belief Wade will be moved, too. Wade has said he may opt out of his $23.8 million option year, but finding anyone in the NBA willing to come close to that number in free agency may be hard, especially with Wade saying he did not want to bounce from team to team. There is no questioning that Wade will be gone via free agency if he’s not traded and Butler is. There is a scenario in which both are back with the Bulls and the big change come at head coach, though, as that’s something several executives believe made more sense than trading Wade and Butler.
Kevin Durant – Golden State Warriors – $26,540,100 – $27,734,405
Much like Steph Curry, if you think Durant is leaving Golden State, let’s set the record straight. He’s not leaving. The question is what his next deal looks like. Durant becomes eligible for 30 percent of what’s likely to be a $102 million salary cap in July, but to get there, the Warriors need cap space. To get cap space, it means virtually every expiring contract must go. If Durant opts into his final year of $27.73 million, the Warriors can keep everyone on the roster now if they wanted to. Durant is also eligible for 102 percent of his previous year’s salary, which means he could opt out and sign a new deal starting at $31.8 million. He could also do another one-and-one to get a raise and keep the team together. This is basically what LeBron James did in Cleveland until the combination of a rising salary cap and Bird rights caught up to him. The prevailing thought is Durant plays ball with the Warriors to keep the team together, so the question is: How much and how long?
J.J. Redick – Los Angeles Clippers – $7,377,500
The Clippers have been in the market looking for depth, and while Phoenix’s P.J. Tucker is a prime target for them, one player the Clippers seem unwilling to entertain deals on is J.J. Redick. Several league sources labeled Redick as a non-starter for Rivers and company and there is a belief that Redick already has committed to re-sign in July. Like Griffin and Paul, Redick is viewed as a core piece, and while his $7.3 million price tag is likely going way up, there is a belief that Rivers and the Clippers are ready to pay it. The problem with that is they won’t control it, so things could get interesting at the deadline, but the sense is Redick is staying put.
Jeff Teague – Indiana Pacers – $8,800,000
When the Indiana Pacers traded for Jeff Teague, both sides of the equation said the match was about more than just this season. With the Pacers somewhat middling this year, there are some in NBA circles that wonder if the Pacers would blow it up and start fresh around Myles Turner. Some of that is where the Paul George rumors stem from. Pacers sources found the idea of blowing up the team laughable, but admitted they were getting interesting calls that they had to at least look at. If the Pacers do something drastic, moving Teague could factor into that, however, both sides say that Teague leaving as a free agent is not a big consideration because the Pacers knew what it would likely cost to retain him when they pulled the trigger in the first place.
Serge Ibaka – Toronto Raptors – $12,250,000
Much like Teague, the Raptors knew the price range Ibaka is going to seek this summer and did the deal with Orlando knowing full well they had the inside track on keeping him. Ibaka is not someone to consider as a re-trade candidate. The Raptors feel like he and Patrick Patterson are going to be a potent tandem together.
Here are some of the next tier ending contract players, and their current NBA salary:
|Amir Johnson||$12,000,000||Patty Mills||$3,578,948|
|Andre Iguodala||$11,131,368||Shaun Livingston||$5,782,450|
|Andrew Bogut||$11,027,027||Shelvin Mack||$2,433,334|
|Brandon Jennings||$5,000,000||Terrence Jones||$980,431|
|Deron Williams||$9,000,000||Thabo Sefolosha||$3,850,000|
|Ersan Ilyasova||$8,400,000||Tony Allen||$5,505,618|
|James Johnson||$4,000,000||Tyreke Evans||$10,203,755|
|Jeff Green||$15,000,000||Zach Randolph||$10,361,445|
|Jodie Meeks||$6,540,000||Willie Reed||$1,015,696|
|Jose Calderon||$7,708,427||Marreese Speights||$1,403,611|
|Kyle Korver||$5,239,437||Luc Mbah a Moute||$2,203,000|
|Patrick Patterson||$6,050,000||Dion Waiters||$2,898,000|
|Michael Beasley||$1,403,611||C.J. Miles||$4,583,450|
|Omri Casspi||$2,963,814||Danilo Gallinari||$15,050,000|
|P.J. Tucker||$5,300,000||Pau Gasol||$15,500,000|
All trades must be completed and submitted to the NBA for validation by 3 p.m. EST on Thursday February 23. Basketball Insiders will drop our annual Trade Deadline Diary featuring the latest NBA news, notes and rumors all in one constantly updated page.
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