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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Grizzlies trade Jonas Valanciunas to Pelicans for Eric Bledsoe, Steven Adams
According to ESPN’s Adrian Wojnarowski and Andrew Lopez, the New Orleans Pelicans are shipping guard Eric Bledsoe, center Steven Adams, the Nos. 10 and 40 picks of the 2021 NBA Draft, and two future first-round picks to the Memphis Grizzlies for center Jonas Valanciunas and the Nos. 17 and 51 picks of this week’s upcoming draft. So, the Pelicans are giving up the Lakers’ 2022 first-round pick. Valanciunas, the 29-year-old veteran center, averaged 17.1 points, 12.5 rebounds, and 1.8 assists per game in 62 games played throughout the 2020-21 season. He also shot 59 percent from the field. The seven-foot Lithuanian also ranks fourth overall in true shooting percentage (.616) among active players. On July 11, 2019, Valanciunas signed a three-year, $45 million contract with the Grizzlies. He is set to earn $4 million next season.
Additionally, in 71 games played last season, Bledsoe averaged 12.2 points, 3.4 rebounds, and 3.8 assists. The six-foot-one guard also shot 42.1 percent from the field in the 2020-21 season. On November 23, 2020, as part of a four-team trade, Bledsoe and Adams were traded to the Pelicans from the Oklahoma City Thunder, along with two future first-round picks and the right to swap two additional first-round picks. Last season, in 71 games played, Bledsoe averaged 12.2 points, 3.4 rebounds, and 3.8 assists. His field goal percentage was 42.1 percent as well. The 11-year veteran is set to earn $18,125,000 in the 2021-22 season. Before he was traded to New Orleans, on March 4, 2019, the guard signed a four-year, $70 million extension. He earned his first All-Defensive second-team selection in the 2019-20 season.
The Grizzlies and Pelicans have agreed on a trade to send Jonas Valanciunas, 2021 Nos. 17 and 51 picks to New Orleans for Steven Adams, Eric Bledsoe, 2021 picks Nos. 10 and 40 and a protected 2022 first-round pick via the Lakers, per @wojespn pic.twitter.com/q7ZoqzpJjt
— Bleacher Report (@BleacherReport) July 26, 2021
Moreover, in 58 games played last season, Adams averaged 7.6 points, 8.9 rebounds, and 1.9 assists per game. The six-foot-eleven center ranks fifth among active players for effective field goal shooting percentage (.591). The eight-year veteran also ranks third in offensive rebounding percentage, with an active statistic of 14 percent. On November 23, 2020, the same day Adams was traded to the Pelicans, he signed a two-year, $35 million extension. For next season, he is projected to earn $17,073,171. To add to this trade news, the Grizzlies and Pelicans are swapping second-round picks in this year’s draft, too. Referencing NBA.com’s “Consensus Mock Draft” article, with the No. 10 pick of the draft, the Pelicans were originally expected to draft either Josh Giddey or Davion Mitchell at this number. However, plans have now changed.
From ESPN’s Bobby Marks, the trade will not be finalized until August 6th, and this is because of the annual salaries of these said players. Free agency will begin on August 2, 6:00 p.m. (EST). Furthermore, per Spotrac’s 2021-22 NBA salary cap table, next season’s luxury tax threshold is $136,606,000. The team’s current available luxury tax space is $22,555,195. The Pelicans and Grizzlies have a salary cap maximum of $112,414,000. Brandon Ingram, Bledsoe, and Adams had a combined cap percentage of 39.2 percent. Considering that Bledsoe and Adams are traded away, this will clear up $35,198,171 of dead cap space.
Yesterday, CBS Sports reported the news pertaining to Lonzo Ball’s desire to remain in New Orleans. With extra cap space, the team is expected to re-sign the 23-year-old guard. Likewise, for the Grizzlies, the teams has a luxury tax space of $37,019,952. Their current cap space is $8,321,229. As stated before, the transactions have not yet been finalized. The Grizzlies’ outgoing cap is now $14 million, but from the contracts of Adams and Bledsoe, they are bringing in $35,198,171.
NBA Trade Rumors: Jazz considering trade offers for Bojan Bogdanovic, Joe Ingles, Royce O’Neale, and No. 30 pick of the 2021 NBA Draft
Per one interesting announcement from Bleacher Report’s Jake Fischer, the Utah Jazz are open to trading forward Bojan Bogdanovic, forward-guard Joe Ingles, small forward Royce O’Neale, and the No. 30 pick of the 2021 NBA Draft. Fischer stated, “The Utah Jazz are known to be one of the few teams actually searching to move playoff-tested talent. Retaining Mike Conley is an offseason priority, sources said, and the Jazz have held numerous discussions with teams around the league about offloading salary to create for Conley in free agency.” Point guard Mike Conley is set to become a free agent this offseason. Though, general manager Justin Zanik will aim to re-sign the 33-year-old guard in the coming weeks. Conley earned $34.5 million in the 2020-21 season.
“League personnel most often mention Joe Ingles as the Jazz wing to watch, and Bojan Bogdanovic and Royce O’Neale are also considered available for trade as Utah narrows its focus towards building a contender around Donovan Mitchel. The Jazz are also open to discuss trading their No. 30 pick, sources said.” In the 2020-21 season, in 72 games played, Bogdanovic averaged 17 points, 3.9 rebounds, and 1.9 assists per game. On May 1, 2021, in the team’s 106-102 victory over the Toronto Raptors, the six-foot-seven Croatian scored a season-high 34 points, shooting 12-for-22, and he finished his performance with four rebounds and four assists as well. On July 7, 2019, he signed a four-year, $73 million contract with the Jazz.
In 67 games played last season, Ingles averaged 12.1 points, 3.6 rebounds, and 4.7 assists per game. The six-foot-eight forward is set to earn $14 million in the 2021-22 season. Plus, among the mentioned players, Royce O’Neale has contributed the least. In 71 games played last season, he averaged seven points, 6.8 rebounds, and 2.5 assists. On January 19, 2020, the forward signed a four-year, $36 million extension with the team. He will earn $8.6 million next season. According to The Athletic, in the team’s seventh workout for draft prospects, they viewed Quentin Grimes, David Duke, Matt Mitchell, and a few other players. In the first round, if the team chooses not to draft any of the players they are holding workouts for, the organization will trade the No. 30 pick.
Just for a reminder, retrieved from Spotrac, the 2021-22 NBA luxury tax threshold is $136,606,000. Utah’s active roster cap is $133,284,695, the maximum cap is $112,414,000, and the current cap space is $72,990,215. Furthermore, center Rudy Gobert currently has the highest guaranteed contract on the team. On December 20, 2020, Gobert signed a five-year, $205 million extension with the organization. Gobert is set to earn $35.3 million in the coming season, whereas Donovan Mitchell will earn $28.1 million. Gobert and Mitchell combined consume 47.6 percent of the team’s salary cap. For the upcoming 2021-22 season, the Jazz have a guaranteed total of $129,719,453. Based on the team’s future outlook, the Jazz will have to make a trade or two in order to retain their star players. This should go without saying.
NBA Analysis Network reported a few days ago that a potential Jazz-Knicks trade target is Bojan Bogdanovic. Greg Patuto proposed the Knicks receiving Bogdanovic, while the Jazz would receive Kevin Knox II, and the Nos. 19 and No. 32 picks of the 2021 NBA Draft. Now, this could still happen at some point during this draft week, but then again, sports bettors and fans alike understand that these news reports could be just rumors. The most intelligent, unforthcoming general managers know not to leave bread crumb trails for the media, especially leading into the offseason. They will do everything necessary to protect their foolproof plans.
Raptors, Pacers, Timberwolves, Kings, and Cavaliers among teams showing interest in Ben Simmons
According to Jake Fischer of Bleacher Report, five teams have shown interest in pursuing Ben Simmons from the Philadelphia 76ers. Fischer reported, “Cleveland, Indiana, Minnesota, Sacramento, and Toronto all showed interest in acquiring the runner-up for Defensive Player of the Year.” Furthermore, the teams are wanting Simmons to change position from point guard to forward. “Multiple executives from those teams, when contacted by Bleacher Report, mentioned their excitement at incorporating Simmons as a play-making forward—not at the point guard position he’s played in Philadelphia.” The six-foot-eleven guard averaged 14.3 points, 7.2 rebounds, and 6.9 assists in the 2020-21 NBA season. This might sound fine for a young rookie, but as a five-year player, these aforementioned statistics were career lows.
However, the 25-year-old also earned his third NBA All-Star selection and second All-Defensive first-team selection last season. After a less than mediocre performance in his third postseason of his NBA career, the majority of 76ers’ fans would agree that it’s now time for Simmons to have a change in scenery. With a regular season record of 49-23 (.681), the No. 1 ranked 76ers in the Eastern Conference entered the conference semifinals as favorites over the Atlanta Hawks. Leading into this series, some NBA analysts were predicting Philadelphia to prevail four games to two. The 2016 first overall pick was expected to limit Trae Young in scoring and rally his team from point deficits, but none of this ever manifested.
Raptors, Wolves, Cavs, Pacers and Kings have all showed interest in acquiring Ben Simmons, per B/R's @JakeLFischer
— Bleacher Report (@BleacherReport) July 25, 2021
Pertaining to postseason averages, Simmons had a playoff series-low of 9.9 points and 6.3 rebounds per game in the conference semifinals against the Hawks. This lackluster showing proved to be a more significant downfall for the superstar, considering Simmons had only five points, eight rebounds, and 13 assists in Game 7 versus the Hawks. In the 2019-20 season, he averaged 2.1 steals per game, leading all other players in the league. Moreover, Simmons currently ranks sixth in the NBA for active player triple-doubles (32). With a total of 32 career triple-doubles, he ranks 13th on the all-time list, tied with Clippers’ guard Rajon Rondo.
On July 16, 2019, Simmons signed a five-year, $169.65 million contract extension with the 76ers. He is set to earn $30.5 million in the 2021-22 season. Among these teams interested in Simmons, Cavs’ Kevin Love has the fourth largest contract guarantee of $91.4 million. Love is due to earn $31.3 million next season, and the 13-year veteran’s contract consumes 26 percent of the team’s salary cap. He could be traded this offseason. Timberwolves’ Karl-Anthony Towns has a contract guarantee of $130.8 million. The 25-year-old Wolves center will earn $31.6 million in the upcoming season.
Plus, Kings’ 2017 first-round pick De’Aaron Fox has a guaranteed contract of $171.1 million. Fox will earn $28.1 million next season. To add to that, Raptors’ Pascal Siakim has a contract guarantee of $131.4 million. Not to mention, reported by Yahoo Sports via trade rumors yesterday, the Golden State Warriors are a potential trade partner for Toronto. The Warriors could make a move on Siakim, clearing up space on the Raptors for Simmons. Per Spotrac, the 2021-22 season cap maximum is $112,414,000. In the coming weeks, one of these said five teams might make a substantial trade offer to the 76ers’ organization that they cannot refuse.
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